7/9/25 Building Community Through Crisis: Oil Markets, Trade Wars, and the Phillip Campas Foundation

The Moneywise Radio Show and Podcast Wednesday, July 9th BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Guys" podcast call: 661-847-1000 text in anytime: 661-396-1000 website: www. MoneywiseGuys.com facebook: Moneywise_Wealth_Management LinkedIn: Moneywise_Wealth_Management Guest: Christina Campas, Executive Director of The Phillip Campas Foundation website: www.thephillipcampasfoundation.org/

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  From the Garo Ellis padded radio room off Stockdale Highway, here is Money Wise. Call or text into the show 24/7 at 396-1000.

• 0:39Speaker 00

  Here is Money Wise.

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  Welcome to the Money Wise Show. We are live from the Garo Ellis padded room off Stockdale Highway on ESPN Bakersfield, 1230 a.m., 101.1 FM, and always streaming at MoneyWiseGuys.com. You can call or text into the show 24 hours a day at 661-396-1000. Today, we are your hosts, Sammy Abiyawi and

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  Debbie Lewis.

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  Debbie Lewis.

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  Hi Sammy.

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  It's been a while.

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  Hi Stephen.

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  Hi.

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  Very excited today.

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  I am?

• 1:11Speaker 01

  Yeah.

• 1:12Speaker 02

  It's because I'm back in the, I'm not sick anymore.

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  World of the living?

• 1:17Speaker 02

  Yeah. Covid made its way through my household.

• 1:19Speaker 01

  Oh my goodness.

• 1:20Speaker 02

  It's going or some, you want, some people maybe don't want to call it Covid, but there's something very strong and flu-like going around.

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  Debbie, that's just fake news.

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  I don't know.

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  It's been going around.

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  Quite a few people have canceled meetings this week because of something's going around. So be safe out there, everybody.

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  Definitely be safe, be safe out there. So, so I know you're a big tennis fan. I just want to start, a lot of your, our US stars just lost at Wimbledon today.

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  Sure did. Sorry if anybody out there is wanting to watch on demand later today, but you know, we've got at least one American is left, Fritz, but Shelton lost this morning.

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  Yeah, I love that guy.

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  He's so cute.

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  I love the guy for his playing.

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  Well, I mean, he's charismatic. He's like, he is the perfect star for tennis.

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  And he he's got what I call American charisma.

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  Mm hmm.

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  You know, and and he's bringing that back to me to as far as tennis or US, at least US athletes.

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  Yeah.

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  Or tennis players. And my son is 12 and he practices tennis, he plays tennis and he's he loves him. Great, great role model for him. Tries to emulate the way he plays and how he hits the ball. So sad to see him exit.

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  Fritz Fritz is still in it, though.

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  Yes, we're all rooting for him.

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  Yeah.

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  It's a tough game, but hey, you made it to the semifinals. You're you're good.

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  Oh, that's it's amazing. I also I always have to plug our Bakersfield Tennis Open that takes place in Bakersfield at the Racket Club. Once a year for the men and now once a year for the women's pro circuit.

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  Nice.

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  Taylor Fritz, Francis Tiafoe, Casper Rude, these major players have played in Bakersfield in the last 10 years.

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  Nice.

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  And with the women.

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  Tiafoe played here.

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  There was a young lady that played in October. She ended up qualifying for the main draw and she played Sabalenka, who's the world number one in the first round. She ended up losing, but she was just here this last October.

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  That's great.

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  I can't wait.

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  Yeah, yeah, good stuff, good stuff, great stuff to watch. A lot of actually sports stuff. I know we're not a sports show, but the Club World Cup is happening.

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  Where am I?

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  Oh, finance.

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  Club World Cup is happening here in the US.

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  Yeah.

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  You know, stars from the soccer world are here and on on US soil. And we've been enjoying some really, really good games. One of them is happening. I think it's ending right now is Paris Saint Germain against the Real Madrid.

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  That's a big one.

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  Full star studded teams, both of them.

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  Yeah.

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  PSG is taking it into Real 4-0 so far when when I saw the last score, so.

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  And the final you said was going to be in Jersey?

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  Mm hmm. Yeah.

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  Are you going? Are you going to try to go?

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  I would love to. My son is not going to be here, so I don't want to go by myself.

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  Just don't tell him.

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  No.

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  Believe me, he'll know.

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  He would figure it out.

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  He would know. The Konkakaf also was here in the US.

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  In Houston?

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  Lost to Mexico in the final.

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  That's right.

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  Lot of controversy around that game.

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  Bad, bad, rough calls?

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  Yes, very, very bad, bad calls, in my opinion. So, of course, I'm biased a little bit.

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  Yeah.

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  If you don't know that, I'm biased. Um, more important stuff, I guess. The market, the market. Just a little snapshot of the market. The S and P rose 0.6%, closing at 6,200. Dow Jones gained about 0.5%, finishing at 44,458. On the Nasdaq Composite, jumped about 0.9%, reaching 20,611. This is in light of all the tariff talk that's happening. I want to dive into that a little bit more in the next segment, Debbie.

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  Okay.

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  But for the time being, we have a, we have a listener question, I think.

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  Oh, we sure do.

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  About, about oil, if my memory is correct.

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  Yes.

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  Right?

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  Yes, and my screen is freezing.

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  Go ahead.

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  It's, uh, it says if Kern County is ready, uh, or ready to produce more oil, what's standing in the way? Is it more of a state policy issue? Or are there infrastru- infrastructure challenges we still haven't solved? Thanks, Oil Del Jimmy.

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  Oil Del Jimmy, great question, and thank you for it. Keep them coming. Uh, definitely, I see a state issue because the state has been limiting the permitting process. For instance, in 2019, we had more than 2,000 permits, drilling permits issued versus about 80, less than 100 in, in, in recent years. And a lot of it has to do with the state policy towards oil. Uh, we're, we're becoming not as friendly towards oil, oil production, oil drilling. We're importing more of that oil from overseas, from countries like Venezuela and Latin, lot of Latin America's countries, Iraq, Saudi Arabia.

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  Um, so it's definitely a state issue because more recently, we had Congressman Fong on the show, when he talked about BLM Bank, uh, no, Bureau of Land Management.

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  Right.

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  Starting to lease federal land towards drilling and what have you. So that's all good, right? But anybody that's gonna drill has to go through the state permitting process. So you can have the federal issue you or leasing land. But if the state does not play ball, then we have a bottleneck.

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  Right.

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  So definitely, there's a state issue. I think there's a labor issue as well. Where a lot of these employees that have been in the oil business, they just got tired of waiting. So they either moved into different industries or moved out of state completely to more friendly, oil friendly states. North, South Dakota, we lost a lot of our labor to those, especially during the heydays of 2014 to 2018. Texas, Wyoming, Colorado, including a lot of companies too, moving out of state drilling companies. So from an infrastructure standpoint, you you measured oil drilling by how many rigs are actually working on the oil field, right?

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  And we don't have as many rigs working today as we did five years ago.

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  Right.

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  And when you work on a rig, this is a high paying job. I mean, the tool pusher on the rig, the boss of the rig is making six figures just as a base salary. And then plus overtime and these people always, always making overtime. So that's a labor, a labor issue. I don't think it's an infrastructure issue per se for me. I don't see that. Maybe I'm wrong. I just don't see it. I think it's more of a state.

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  I think it's bureaucratic.

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  Bureaucratic.

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  And there are some things, I I would suggest staying tuned to the local newspaper, believe it or not. You know, Bakersfield Californian, John Cox specifically is, I see him out at the Kern Economic Development Corporation meetings. He's staying tuned in to the supervisor, board of supervisors, the county supervisors. There there's something shifting around and he's keeping up to date on things being pushed back up to the state. So I know there have been. Some very recent, you know, towards the end of June, there were some meetings that I think were hopeful for those in the energy industry that are trying to open up the permitting in

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  our county in order to get production going again. Not to say that there are not challenges, but my understanding is there are some positive moves to support our local

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  Yes.

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  energy industry.

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  I, I, I

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  And loosen the grip a little bit.

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  We're gonna have to do something like that because with all the state regulation or hyper regulation, I, I, I, I personally call it, we, we are seeing not just jobs leaving and companies, but also more recently refineries. Refineries leaving the state of California, impacting us to the tune of about 20% of the refinery's production. So we're gonna be losing 20% of the availability of gas in this state, which will push prices higher. We're gonna be, if nothing happens, if the governor and his aides or the state does not do anything, we're gonna be looking at price of gallon in the eight to $10 range. And I'm

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  not saying this to scare people. It's just the reality.

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  Right.

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  Because it's gonna be costly to import from other states or, you know, build a pipeline or some type of infrastructure to bring the necessity that we need or the oil we need into the state.

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  Right. I think if Governor Newsom is seriously considering trying to put his hat in the ring for the presidential run, he will probably start to play ball with Kern County a little bit.

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  Besides, that's the sad part. Why do we have to make this political? It's truly economical.

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  It's just the way it

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  Yeah, no, I agree with you.

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  It's on both sides.

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  I agree with you. I agree with you. I think if he is definitely gonna be running for president, this is one of the things he needs to address. And he did. Once Tesoro came out and said, hey, we're gonna be closing our refinery and we're moving out, he definitely hit the panic button.

• 10:51Speaker 02

  Right.

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  And started, hey, my aides are out, we're talking to them, we're opening doors, we're gonna do this, we're gonna do that. Definitely something's gotta give in order for us to, to keep those. I think it's a long shot at this point because it's just there's so many unknowns. As in, as investors are concerned. They don't want to take the risk of the unknown. They can calculate risk and invest based on risk reward type of equation, but if you really don't know the risk, that becomes very difficult for an investor to put in the money. Right? And that's what we are, we are seeing um with, with, with oil. So, great question. Thanks you. Thank you, uh, Oil Dell Jimmy. Keep them, uh, keep them coming. We have one more question, but we're gonna skip it until

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  we have a financial advisor on the air tomorrow, hopefully, Stephen.

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  Yep.

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  I don't wanna, I'm not a financial advisor, so I don't wanna address it and say things-

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  You can't play one on, on the radio?

• 11:46Speaker 01

  No.

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  No.

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  Definitely not.

• 11:49Speaker 00

  No, we'll save that one. I, I let the listener know we'll have Chris and Seth cover that tomorrow.

• 11:53Speaker 01

  Great. Awesome. So, why don't we take our first break? When we come back, we have a guest, Stephen, uh, that will be joining us.

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  At 2:30.

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  At 2:30. Okay. So, we'll take our first, uh, break still, and when we come back, we'll talk a little bit more about the big, beautiful bill and its impact.

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  Don't forget, Money Wise is more than a radio show. We're an independently owned, local wealth management firm with 60-plus years of collective experience. Our financial advisors are here to help you, Kern County. Together, let's be smart, be safe, be money wise.

• 12:36Speaker 01

  You know what he's saying, Stephen?

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  More money, more problems.

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  More money, more problems.

• 12:43Speaker 01

  I don't know what, which world he lives in. That does not typically translate to, uh, more money, having more problems.

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  Of course not.

• 12:53Speaker 01

  Yeah. We're back with the Money Wise Show. Sami Abiyawi with Debbie Lewis, with the Moroccan singer Distinct saying, "With more money comes more problems." I disagree with that statement.

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  I would like to find out for myself.

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  Right?

• 13:08Speaker 01

  Yes, please. That's a great statement, Debbie. Yes, yes. Let me find out on my own. Money, money brings more problems. Hmm. Uh, with, with the rate of divorce, a high, an all-time high, why? Because of financial or money or whatever. That's most of the time is the, the factor in things like that. So, makes it, makes a good tune, does not make it real, Stephen.

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  It rhymed.

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  It rhymed really good. It rhymed really good. We're back. The Money Wise Show. Sammy Biaoui and Debbie Lewis. Debbie, I wanted to talk about, we, last week, Justin and I talked about the bill. $3.3 billion. This is gonna be huge. A trillion. Huge. Huge.

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  The bill.

• 13:56Speaker 01

  And, and, and we, we gave examples of what that, how does that look? Like, the number of hundred dollar bills and, and what's happening. It's huge. With that being said, the government has to fund the bill. And, and, and the way they're gonna fund it is probably through issuance of treasury bills, right? And, and, and to make it appealing, typically, the rate has to be in fives. A lot of economists are anticipating five and a quarter to maybe five and a half for short-term rates. And a lot of people are asking, well, why, why are you focusing on just short-term? Because there's a lot of uncertainty about long-term,

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  right? We want to know what's gonna happen in the short-term before we commit to, to, to long-term. So, the T-bills, people are gonna start buying, companies are gonna be start buying, foreign governments will, will, will start buying this. How does that, what, what does it mean for the economy? Debbie? So, a lot of the time when we have a big issuance like this, and, and with high interest rates like the one we're talking about, it soaks up the liquidity in the economy.

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  Okay.

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  What does that mean? So, a lot of depositors that have money in just regular checking accounts, sometimes money market accounts, where they're gonna start maybe moving into this treasury bills and laddering the, the purchases to take advantage of these rates. Zeros are, I mean, they're appealing rates. Five and a quarter to five and a half, that's comparable to some of the things you and I have been privy to in conversations about real estate investment, for instance, right? People talking about foreign health return.

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  Yeah.

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  Or, commercial real estate brokers talking about a cap rate of four and a quarter, sometimes for apartment complexes, or Starbucks buildings, or, you know? So, you are buying the security of the federal government treasury bill and getting paid.

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  What it is, to me, in my opinion, a high, higher rate.

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  So, there, watch for a big transfer probably of liquidity from banks into treasury bills, or maybe even from stock market into the, the, the treasury, the treasury bills. Not good news for the stock market.

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  Right.

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  However, the stock market is saying, well, no, we're gonna just watch and see. That's why we did not see a lot of turbulences today. I mean, we had ups and downs, but we ended up with, we closed the market at a higher percentages.

• 16:42Speaker 02

  Tesla would disagree. Tesla is on a roller coaster ride.

• 16:46Speaker 01

  Talk about huge impact on, on EVs, solar and, and other, like, just, just the tariffs today. Fifty percent on copper, on semiconductor, conductors, but also on batteries.

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  Right.

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  I mean, that's huge. Now, I think the government is trying to safeguard the, the jobs we have here in the US when it comes to this renewable energy jobs. But definitely the prices are gonna, you know, go up.

• 17:21Speaker 02

  Go up and then also the turbulence around their CEO, Mr. Musk, is, is a wild card, right? And their, their stock has plummeted in the last couple of days because of his announcement of, you know, wanting to start a new political party. And when I was reading earlier, they're kind of like at this crucial period for growth mode, looking into the future with robotics. Like, they're right on the cusp of their next big evolution. And you've got this person running the company that is definitely, still has political ambition, which does not mix well with shareholders and, and boards.

• 18:05Speaker 01

  Yeah, yeah, I mean, I, I, I would agree with you. I mean, in comparison, for instance, somebody who does not get involved in that is the CEO of Nvidia. Nvidia had one of the largest gains.

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  Right.

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  I think that's what pushed the NASDAQ.

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  They're leading, I think, the tech sector.

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  Correct. For, I think, the first tech company to reach a four trillion cap. I think I read somewhere today, I don't know if that's, I can confirm that later, but.

• 18:31Speaker 01

  Two different types of CEOs. One that's just like, hey, let's hunker down. We're going to focus on this. We're going to focus on our company. We're going to focus on our laborers, our employees, grow them. We're going to focus on new technology and how we can compete in that world versus one who's like, well, I'm going to create a new political party. Call it America, America's party and compete with other two. Definitely it's going to bring heat to his company, his company stock. And I don't know what he's thinking personally.

• 18:58Speaker 02

  Nobody has that good of time management skills. I'm sorry.

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  He does not use time. He used time blocking, I heard. I read somewhere that he uses time blocking.

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  You know?

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  Maybe he does.

• 19:12Speaker 01

  Yeah. So, so the other, the other thing that, that, you know, the 3.4 trillion deficit would, would do is potentially delay or limit the Fed rate cuts, which Jerome Powell has been talking about. Hey, we're going to watch and see. With all the tariff talk that's been, been happening, and I think today we've announced, what 50% tariffs?

• 19:38Speaker 02

  For a couple. Yeah, like Brazil was a 50% tariff. That was, I think, just came through the, the news wire.

• 19:45Speaker 01

  So 50% on imports of key materials like copper, semiconductors, EV batteries.

• 19:53Speaker 01

  Who are we hidden in this? Industries are, of course, all electronics, automakers, renewable energy, especially solar and wind. And, and of course, this has to be, translate into higher prices eventually for us at the shelf. Whenever we go to the store, whatever we're buying. I mean, this tariff is going to have to be paid somehow. I mean, manufacturers or even importers or retailers are going to absorb, be able to absorb this for a little bit, but eventually if it's sustained, sustains, then they're going to have to pass that on to us. Right? When you're going to go to Target or Target and you're going to start getting some.

• 20:35Speaker 01

  I mean, cutting board made in China, ten dollars, now it becomes twenty dollars.

• 20:42Speaker 02

  Right.

• 20:43Speaker 01

  So that's, that's not farfetched, and I think that's what the federal, the Fed chairman is, is just waiting to see. Is this a negotiation type of tactic from the president to bring people back to the table and just make a better deal? Or it's truly what's going to happen long term, which I think is going to push us into inflation. That might push the Fed chairman into, you know, rate reduction or some type of a rate adjustment. I'm, I'm, I'm very interested in maybe some questions from the listeners of what they feel, what they think it's going to happen with all these tariffs. Or if they are just seeing an impact whenever they go to, to the stores or buying a car.

• 21:25Speaker 02

  Or if you're a business owner out there in, you know, let's say manufacturing industry. What have you, what have, what are you feeling locally?

• 21:34Speaker 01

  Definitely, definitely. So I'm, I'm, I'm envisioning we're going to definitely have, if these tariffs hold, we're going to have some inflationary pressure where prices are going to go up. We're going to definitely have some supply chain disruptions. People are going to have to move things from China and countries like even Vietnam where China moved a lot of their manufacturing to avoid the tariffs on the first go around.

• 21:59Speaker 02

  Little workaround.

• 22:00Speaker 01

  On the first term of President Trump, that was the workaround.

• 22:03Speaker 02

  Loop-de-loop.

• 22:04Speaker 01

  Correct.

• 22:04Speaker 02

  Yeah.

• 22:06Speaker 01

  And just, just the tensions between the countries, mainly us, Europe, us, Canada is what frankly I worry about. Because those are friendly countries and I would like for us to find some type of a consensus to work with them. You know, I have no, I personally have no problem competing and negotiating and pushing China. I have no problem with that.

• 22:28Speaker 01

  But other countries, I'm a little bit, you know, friendly to.

• 22:32Speaker 02

  Be nice.

• 22:33Speaker 01

  I'm nice.

• 22:34Speaker 02

  Let's be nice.

• 22:34Speaker 01

  Yes, let's just.

• 22:35Speaker 02

  Let's be nice.

• 22:37Speaker 01

  Yes, so I'm, I'm, I'm interested in what the listeners think about all the tariff talk. And if they are seeing it's at the, at the stores where they go shopping for whatever that is, solar, cars, just, just Target and Walmart. Let us know. When we come back, we have a guest, Stephen. This is, this time for real.

• 22:55Speaker 00

  Yes, I promise.

• 22:58Speaker 01

  Yes, I'm very actually interested in hearing from from this guest. It's a foundation that was created following the passing of her husband. So stay tuned when we come back.

• 23:07Speaker 00

  Need to get your financial fix on the go? If so, subscribe to the Money Wise Podcast and catch up on all past shows whenever.

• 23:28Speaker 01

  Debbie likes.

• 23:29Speaker 02

  Yeah. Have you watched the show The Bear?

• 23:33Speaker 00

  Oh, yes.

• 23:34Speaker 01

  I watched the first season. Is that the cooking show?

• 23:36Speaker 02

  Yeah.

• 23:36Speaker 01

  Yes.

• 23:37Speaker 02

  I mean, it's about much more than cooking, but sure, Sammy. But this last episode of the new season, they used this song in the the opening scene and the closing scene.

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  That's how I got it hooked.

• 23:49Speaker 02

  Yeah, Stephen. Thank you, Stephen.

• 23:52Speaker 01

  I like the show. I like the show. Not just for the cooking part of it.

• 23:55Speaker 02

  Family dysfunction.

• 23:57Speaker 01

  Yes.

• 23:58Speaker 02

  It makes me miss the hospitality industry.

• 23:59Speaker 01

  That's probably why I'm not very like, I didn't, I have that stuff live with my family. So I don't need a show to remind me of it.

• 24:09Speaker 01

  We're back. The Money Wise Show. Sammy Abiawi with Debbie Lewis. Joining us is Christina Campas, Executive Director of the Philip Campus Foundation.

• 24:21Speaker 03

  Yes, hi.

• 24:22Speaker 01

  Welcome. Thanks for joining us today.

• 24:23Speaker 03

  Thank you so much for having me. I appreciate it.

• 24:24Speaker 01

  Very excited to have you today and

• 24:26Speaker 03

  Excited to be here.

• 24:27Speaker 01

  Talk about the foundation, the creation of the foundation, the purpose, some of the things that are coming up.

• 24:32Speaker 03

  Yes.

• 24:33Speaker 01

  And what you're doing. So so let's start there.

• 24:36Speaker 03

  Okay.

• 24:36Speaker 01

  Tell us a little bit more about the foundation.

• 24:38Speaker 03

  Sure. So I started the foundation after my husband Philip Campus was killed in the line of duty in July of 2021. He was a deputy with the sheriff's department. And after he passed away.

• 24:52Speaker 03

  I received a lot of support from the community, other nonprofits, so many people. And so for a while I thought, okay, obviously I know the children and I and the family are gonna live on and we're gonna, we're gonna remember him and his legacy is real, right, gonna live on his memory. But I also wanted to make it something bigger and something that I thought about was if you knew Phillip, you knew that he loved to help people, whether it was to help you with a project, to build you something, to lend you his truck. He was always willing to be there for someone. And I thought that putting like two and two together, like him loving to help and the community that he was a part of Right.

• 25:34Speaker 03

  would kind of be the best fit for how I wanted to start this foundation. So that's where the Phillip Campas Foundation was born and it supports our veterans, law enforcement, first responders, active military and their families. So also I wanted it to be a way for, for my children and I to give back because we received so much when that happened and so I kind of just wanna be able to give back what I received as well, so.

• 26:02Speaker 01

  So you said children, how many?

• 26:04Speaker 03

  Yes, we have three. I have eighteen year old, a thirteen year old and a ten year old. Oooh. Yes, so we're busy, super busy.

• 26:12Speaker 01

  How are they, they're doing good to help you with the foundation?

• 26:15Speaker 03

  They're doing good, they are. They are honorary board members, that's what we call them. So we have five total board members and then them as well. And so we're hoping to add more within the next year as we grow. I know that we'll have more responsibility and so it's just easier, you know, to have more people on board to help with those tasks and.

• 26:36Speaker 01

  Kern County in general is a very giving community.

• 26:39Speaker 03

  They are, they are extremely giving.

• 26:41Speaker 01

  We take a lot of pride in actually living in this community because I've seen it multiple times for the community stepping up and helping and that's what I'm hearing from you. It, it, it happened and that's why you decided to, to, to, to give back.

• 26:52Speaker 03

  Yes.

• 26:53Speaker 01

  However, we have a lot of foundations.

• 26:55Speaker 03

  Right.

• 26:55Speaker 01

  How, how, how do you, how do you separate yourself from the herd per se? Like how, how do you make yourself, you know? Appealing for others to get to join to to get involved with you and your foundation with the kids.

• 27:07Speaker 03

  Right.

• 27:08Speaker 01

  What's your secret sauce?

• 27:09Speaker 03

  Um, I don't know if I've really figured that out yet, honestly. We're we're super fresh. We've been in existence for a year now. Um, but I'm finding that even though there are so many, everybody wants to work with each other and everybody wants to help each other out. So I don't ever feel like it's much of a competition. It's just, we all get together and we all help and that's all that's all that we do. We love to do that. We love to help and give and so I think that that also helps with just coming together. And so I feel like each one does have their own personal little sauce, like you said. Right. But together, we're something great and I think it's super amazing, especially for Kern County. It's amazing here.

• 27:47Speaker 01

  Yeah.

• 27:48Speaker 03

  So many, so many nonprofits for so many different reasons.

• 27:51Speaker 01

  Um.

• 27:52Speaker 03

  And I learned that.

• 27:53Speaker 01

  It it takes, it takes a lot of courage to do what you're doing.

• 27:58Speaker 03

  Thank you.

• 27:59Speaker 01

  Because, you know, late husband and and I remember of him every day because you're actually involved.

• 28:04Speaker 03

  Right.

• 28:05Speaker 01

  And keeping his name and and and his legacy. Uh, how do you do that?

• 28:10Speaker 03

  Gosh. Honestly, if it wasn't for the kids, I don't know, but I feel like they keep me going. They keep me getting up every morning. It's because of them I'm here and it's because um of me that they're here and so together as a family and especially my support system. That is huge. Um, asking for help when I need it, uh, that was very hard for me to do at first. I didn't want anybody to do anything. Um, if they asked me if I needed help, I would say, no, I'm okay. No, I'm good. And then I'd get to a point where I'm like, oh, my gosh, I'd call my mom and just cry and be like, Mom, I need like, I need help and, you know, of course, she's always there, always wanting to help. But just taking advantage of everybody who wants to help in any part of my life. Um, that's kind of been the biggest thing for us.

• 28:56Speaker 02

  So I'm looking at your website and I'd love to hear kind of going off of what Sammy was saying, like what separates you, your foundation from maybe a couple of the other foundations in town that work with first response, families of first responders, veterans that need assistance. And I noticed on the website, you have the option for somebody to nominate.

• 29:19Speaker 03

  Correct.

• 29:19Speaker 02

  Somebody that perhaps needs help in some, some sort of financial or emotional way. What, what does that look like and what is that, can you maybe expand on that a little bit?

• 29:33Speaker 03

  So right now, we've had a mixture of both. We'd have, we'd have, we've had a mixture of people nominating or we have seeked people out that we know need help. We have kept it open to a variety of things, so we wouldn't just be stuck with one. So for instance, we were able to help somebody with a PG&E bill, a veteran, because during the summertime, you know how that hap, that goes, it's hot, the AC, your PG&E bill goes skyrockets and they're on a limited income. We were able to help with that. We were able to help financially with a local firefighter who is battling his second round of cancer. Just recently, we had a deputy in the department and he, his daughter had a medical emergency and they had to be away from work for about two weeks and we were able to help with that.

• 30:18Speaker 03

  We just did a scholarship right now with BC and then we're in the process of doing one with Cal State, also with my daughter's school. So right now, that's kind of where we're at. I'm really, my goal is to expand, to be able to really touch on like mental health. I think that's a really big thing for first responders, asking for help, seeking help.

• 30:41Speaker 01

  Especially, especially veterans.

• 30:43Speaker 03

  Yes, especially veterans, veterans, and then of course, they go into law enforcement. So they see things, right? Especially if you're, you've done both. So there are a lot of camps for veterans and I want to be able to sponsor a veteran, a local veteran to be able to go to one of those camps if they otherwise can't afford it. So I've got, I've got a lot of big goals that I'm hoping to accomplish and. I feel like I can get there. I've had a lot of support and just like being here today, thank you. It gets our, gets our name out there and that's super helpful as well. That's really big is not only just donations, but to just get our name out there. So people know that they can come to us if they need any kind of help.

• 31:19Speaker 02

  And like you said, and I've experienced this with other nonprofits and how they kind of overlap.

• 31:26Speaker 03

  Right, yes.

• 31:27Speaker 02

  And the networking and the you getting out into the community and just continuing to build relationships. It go, it's very powerful in a place like Bakersfield.

• 31:38Speaker 03

  I agree.

• 31:38Speaker 02

  And Kern County. And we, we partnered a little bit, you know, on our flight of Kern County. The wounded heroes.

• 31:48Speaker 03

  The Warrior Gallery, yes. They have been amazing, amazing for us.

• 31:53Speaker 01

  Activity League too. Chris is an active board member and the police.

• 31:57Speaker 03

  Oh, okay, yes.

• 31:58Speaker 01

  Police Activity League.

• 31:59Speaker 02

  And the new homes that are finally opening for the veterans.

• 32:03Speaker 03

  Yes, we saw it recently. So we're hoping, yeah, all of those things like us, like if I was just thinking about the other day that it's not just helping people like monetarily, like through the website, but like with other organizations. So if I can help them in some way or some other organization in a way, then that would be helpful as well. So I just wanted to keep it open. So that's kind of what I did.

• 32:26Speaker 02

  Yeah.

• 32:27Speaker 01

  Foundations, that means a nonprofit, of course.

• 32:30Speaker 03

  Correct, it is a nonprofit.

• 32:31Speaker 01

  So a lot of the, the budgeting and stuff that you get, is that through donations?

• 32:35Speaker 03

  It's all through donations, charity. That's solely what we survive off of, yes. So we have an upcoming golf tournament.

• 32:45Speaker 02

  In September, correct?

• 32:46Speaker 03

  In September, yes. And so that's going to be a big part of.

• 32:48Speaker 01

  Money wise as a team?

• 32:49Speaker 03

  Yes, you do. Thank you. I can't wait to see everybody out there. It's going to be exciting. I'm so excited. It's at Bakersfield Country Club.

• 32:56Speaker 02

  Oh, I love BCC.

• 32:57Speaker 03

  Yes. Oh, yeah. I've heard, I've heard that. I heard it's a great. Course for a tournament.

• 33:02Speaker 02

  Beautiful.

• 33:03Speaker 03

  Layout, yeah, I'm learning a lot about golf. I've actually never golfed, so it's been fun.

• 33:07Speaker 02

  Yeah.

• 33:08Speaker 03

  Um, but yes, it's events like that that get us, um, our donations. And so we're hoping to have more events like that. Um, charity, go to events, like charity events or things like that. We have a lot of things in the works.

• 33:21Speaker 01

  Can, can people donate through just the website?

• 33:23Speaker 03

  They can.

• 33:24Speaker 01

  Is there a way for?

• 33:24Speaker 03

  They can, they have, we have a donation, um, tab on our website. We also have a nomination tab. You can, uh, you can see our story on there. It tells you our mission. Um, there is.

• 33:36Speaker 02

  Volunteer form.

• 33:37Speaker 03

  Volunteer, yes, there is a volunteer form that we would love for people to fill out. That would be great. Um, it also has our email address, our Instagram, our Facebook, all of those things. And, um, yeah, if they want to get ahold of us, if they have any questions, they can definitely email us.

• 33:53Speaker 02

  And you're a 501(c)(3), which means if somebody does make a donation that can go towards their tax deductions.

• 34:00Speaker 03

  So we always encourage. Really important to me as well. So, um, we also had, like I said, the community was amazing. I had, um, somebody, Anna Wells, she actually did all of this for me, all of the paperwork. I came to her like, do you do this? Do you know anybody that does this? Like just asking for some advice and she just went ahead and did it for us. And so that was amazing.

• 34:21Speaker 02

  Lovely.

• 34:22Speaker 03

  Everybody has helped us in such an amazing way. Um, I can't thank the community enough. It's been amazing. I've had a lot of help along the way.

• 34:32Speaker 02

  We'll keep it up.

• 34:33Speaker 01

  Yes, definitely keep it up. We're gonna, we're gonna take a break. When we come back, I want to dive in into the tournament.

• 34:38Speaker 03

  Okay.

• 34:38Speaker 01

  The times and, and what your goals are. So when we're back.

• 34:41Speaker 00

  If you're a business owner who provides a retirement plan for your employees, contact Money Wise Wealth Management to see if you're maximizing your options and minimizing your liabilities. Money Wise 401(k) plans are customized to you and your company's needs. 661-847-1000.

• 35:04Speaker 01

  We're back at the Money Wise Show, Sammy Abiyawi with Debbie Lewis. I was shaking my head and Steven was... Oh. I guess I made you laugh, Steven.

• 35:12Speaker 00

  I love it.

• 35:13Speaker 01

  Is it my face or just the movement of my head?

• 35:16Speaker 00

  I think I can get some movement out of my hirs. I love it.

• 35:19Speaker 01

  We're back with Christina. And Christina, we have a listener question, comment.

• 35:26Speaker 03

  Yeah.

• 35:26Speaker 01

  First, what's their... what is their website? I'd like to read more. I missed the first part of the interview, but do donations stay in Kern County? God bless you.

• 35:36Speaker 03

  Yes, so thank you. The website is thephillipcampasfoundation.org. And as of right now, yes, they do stay local. I think that was very... that was a discussion that we had with the board when we started, and that was very important that we kept it local. So it is going to be local, all the money and donations will stay local.

• 35:56Speaker 01

  Great. And one vehicle to drive a little bit more revenues to the foundation is the upcoming golf tournament.

• 36:02Speaker 03

  Yes, yeah, we have a golf tournament this year. It's our inaugural golf tournament, September 18th, at the Bakersfield Country Club. You can be a sponsor, you can have a team, whatever you'd like to do. We would love to have you.

• 36:16Speaker 01

  Are the info of the golf tournament on the website?

• 36:18Speaker 03

  It is on the website. The flyers on the website, sponsorships, teams, it's all on the website. You also go on the website to register your team as well. So if you'd like to do that, that's open, and we are super excited.

• 36:30Speaker 02

  And accepting sponsors as well.

• 36:32Speaker 03

  And accepting sponsors as well, yes. And the flyer does have the information on there. But also, if anybody has any questions, there is a golf tournament info, and it's [email protected].

• 36:44Speaker 02

  Can you talk a little bit about... I keep hearing Travis Matthew. I'm not in the golf world, but I know that's a buzzword.

• 36:52Speaker 03

  I just learned that, yeah, this year, and that was a really big thing that our board really wanted. So as a part of...

• 36:59Speaker 03

  The team, like the, each, each golfer pays an amount and it equals support chant, but each, there's a part of that, that is going to be given to you to go towards a, an item at the Travis Matthews. It's like a

• 37:14Speaker 02

  An experience.

• 37:14Speaker 03

  Experience. It's like they have their clothes out there and then you get to go and you get to shop.

• 37:18Speaker 02

  Do they serve champagne?

• 37:20Speaker 03

  I know. That would be even better, wouldn't it?

• 37:23Speaker 02

  Sammy likes a glass of champagne when he's shopping for golf shirts.

• 37:26Speaker 01

  I'm a big fan of Travis Matthews clothing. I'm not a golfer, but I still like

• 37:30Speaker 03

  Yeah, that's what I've heard. I heard they're, they're awesome. Yes.

• 37:33Speaker 01

  Potential, possible color you can imagine.

• 37:36Speaker 02

  Seems to be a lot of non-real golfers in the financial industries wearing golf gear.

• 37:40Speaker 01

  I don't claim, I don't ever, and, and I know I have a lot of friends that saw me golf. And if I ever claim that to be a golfer, they'll crucify me. I'm not gonna do that, but I do love

• 37:51Speaker 03

  Well, you should still come out.

• 37:52Speaker 01

  No, definitely. I love being out there and, and I think if Dustin has the spot, I'd probably be out there as well. I look for, especially September. September, the weather is nicer.

• 38:03Speaker 03

  The weather will be nice, yeah.

• 38:04Speaker 01

  Love being out there. Maybe with a cigar on hand, but not golf. Just, just amongst the trees and enjoy the sceneries and, and the greens and, yeah.

• 38:12Speaker 02

  I think there's also a chance to win a car.

• 38:14Speaker 03

  There is. There is a hole-in-one, uh, sponsored by Headed Dodge.

• 38:18Speaker 01

  Nice.

• 38:19Speaker 03

  You don't know the, the car, the car yet, but, um, we're excited for that as well. So maybe somebody will go out there and hit that hole-in-one.

• 38:25Speaker 02

  That's a pretty big prize.

• 38:26Speaker 03

  I know, isn't it? I'm excited. I'm so excited to see if somebody does that.

• 38:30Speaker 02

  That's a very nice sponsor.

• 38:32Speaker 03

  It is a very nice sponsor, yes.

• 38:34Speaker 01

  That's cool.

• 38:34Speaker 03

  I'm, I'm also blessed to just have people on my board who also know a lot of people. I have people on my board who have been on multiple other boards. So I definitely didn't go in not knowing. Like I've had a lot of help.

• 38:47Speaker 01

  It helps to have a good board.

• 38:48Speaker 03

  It does. Oh, my gosh, it does. And I learned that before I put my board together, that, that was very important.

• 38:54Speaker 01

  Yeah, yeah. You want, you want a board that's actually involved and not just there for the name or for claiming, hey, I'm a board member or this. No, you want an active board member that brings some type of experience to the table, whatever that's financial or

• 39:09Speaker 03

  This has a is a specialty and something different and so I think that that very that helps us.

• 39:14Speaker 01

  That's great. That's great. Looking forward to to to September.

• 39:18Speaker 03

  Thank you.

• 39:18Speaker 01

  That's the short term. Now, long term, what's what's what's your goal with the foundation? Three, five, 10 years from now? What's what's what's your outlook?

• 39:26Speaker 03

  I just hope that we can keep growing. I hope that each year our golf tournament gets bigger or I can have more events. Um, uh, my goal is for also for my children to one day, uh, take over and be the executive director. I want them to know what it's like to be on a board, what it's like to have a foundation to help other people and to know that it's not just about receiving, that it's about giving. And so I just want to help as many people as I can. No matter if it's a happy occasion, a sad occasion, I would like to be there for it all.

• 39:56Speaker 01

  You will you be out there?

• 39:58Speaker 03

  I will. Yes, me and.

• 39:59Speaker 01

  Are the kids going to be out there?

• 40:00Speaker 03

  The kids are gonna be out there.

• 40:01Speaker 02

  Or as an associate board members, they have to be out there.

• 40:05Speaker 03

  They have to be. They're excited to there every time like I we talk about, I'm like, I'm going to a meeting. They're like, okay, what are you doing today? Like, they're super involved. They all ask a lot of questions. They always want to know what's going on. Uh, my middle daughter, my 13 year old, actually came with me to a uh, to give a check to someone a couple of weeks ago and she was super chatty. So it was it was awesome. It's awesome to see them out there talking to people.

• 40:26Speaker 02

  Yeah.

• 40:27Speaker 03

  Um, and I just, I can't wait for them to just.

• 40:29Speaker 01

  So you you you said you have 18?

• 40:31Speaker 03

  I have, yeah, my son is 18. I have a 13 year old daughter and then a 10 year old daughter.

• 40:35Speaker 01

  So the the the son, is he a college?

• 40:38Speaker 03

  He is. He is college bound. He graduated last year and he'll be attending college in the fall.

• 40:43Speaker 01

  Here local or is he?

• 40:44Speaker 03

  Here local, yes. He's gonna stay local. Yeah. He'll go to B C this year.

• 40:48Speaker 02

  Go Gates.

• 40:49Speaker 03

  Yeah, for hopefully maybe a year, maybe two. We'll see. And then he wants to transfer. He wasn't quite ready to leave home yet.

• 40:54Speaker 01

  If he's ever in interested in the finance world and he wants an internship, please.

• 40:58Speaker 03

  Oh, that would be awesome. Thank you. Yeah, he's thinking business, but I don't know like where, what route he's gonna take yet, so.

• 41:04Speaker 01

  Yeah, we'll be we'll be honored to to potentially talk to him and at least guide him in the business world if possible. And, uh, yeah.

• 41:11Speaker 03

  That'd be awesome.

• 41:12Speaker 01

  I'll give you my business card on the way out. Share it with him, please.

• 41:14Speaker 03

  Thank you.

• 41:15Speaker 01

  Yeah.

• 41:15Speaker 03

  Thank you so much.

• 41:16Speaker 01

  Uh, Stephen, how many minutes do we have?

• 41:18Speaker 00

  Yeah, I have one.

• 41:19Speaker 01

  You know, we had an awesome, awesome conversation off air that I don't think we're gonna have to have you back so we can talk about the history of Philip and his legacy. So we would be very, very excited. Maybe around September time.

• 41:34Speaker 03

  Yeah, that would be great.

• 41:35Speaker 01

  So we can talk about the tournament again. And at that time, we'll make sure to talk about the story because I think that was awesome. Debbie and you had a great conversation and we did not capture it.

• 41:43Speaker 02

  We're not radio professionals. We should have saved it for the air. But your husband's legacy, it's beautiful. His story is beautiful and we're blessed to share this with you and learn more about your foundation.

• 41:58Speaker 01

  Go ahead, Stephen.

• 41:59Speaker 03

  I appreciate you having me.

• 42:00Speaker 00

  Yeah, we appreciate it and we'll talk to you soon. Tune in tomorrow from two to three. We'll have Chris and Seth getting down to business right here on the Money Wise Show. Until then, be smart, be safe, be money wise.

• 42:13Speaker 04

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