Pod Insights The Moneywise Guys 8/20/25 Jackson Hole Impact, Teen Financial Skills & Inside Village Fest About this episode The Moneywise Radio Show and Podcast Wednesday, August 20th 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: Miranda Whitworth, Event Organizer of Village Fest website: www.bakersfieldvillagefest.com/ facebook: Village_Fest instagram: bakovillagefest
Transcript 0:00 Speaker 00 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.
0:39 Speaker 00 Here is Money Wise.
0:40 Speaker 01 Money, money, money, money.
0:44 Speaker 01 Welcome to the Money Wise Show. We are live from the Garo Ellis padded room of Stockdale Highway on ESPN Bakersfield, 12:30 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 Abiyawie and
1:04 Speaker 02 Emily Waite.
1:06 Speaker 01 A first time.
1:07 Speaker 02 First time doing it together. Now, now, we're going to be the dream team now.
1:10 Speaker 01 That's, that's what I'm thinking. I think this is kind of like the dream team in the making.
1:14 Speaker 02 Stephen's going to be like, wait a second.
1:15 Speaker 00 No, I thought, I was like, you know what?
1:17 Speaker 01 What have I done for the last 20 years?
1:19 Speaker 02 Yeah. Wait a second. I need to rewrite the script.
1:22 Speaker 01 No, I'm, I'm excited to have myself and Emily doing the show today.
1:27 Speaker 02 Yeah, me too. Looking forward to it.
1:29 Speaker 01 I'll start with just the market update, and then I think we have a couple of listener questions.
1:35 Speaker 02 Sounds good.
1:36 Speaker 01 So, the market, the market today, S&P 500 closed down about 0.2%. It did retreat from an early drop. That was as much as 1.1%. NASDAQ, same story, fell about 0.7%. A lot of this is due to the AI. A lot of the investors are thinking that the valuation of the AI is a little bit More than it's
2:01 Speaker 02 Bloated?
2:02 Speaker 01 Bloated, yes. Bloated is a very good word.
2:04 Speaker 02 Yeah.
2:05 Speaker 01 And as such, we saw a little retraction from Nvidia and Palantir. Those are the two leading ones, zero point six percent retraction in for Nvidia and one point five for Palantir. Just investor concern over the high valuation and slowing of the AI momentum. Though there's other research that's saying that AI is just going to add a lot, especially to the S and P. There is some studies done by Merrill Lynch where the the the valuation of the S and P five hundred will increase substantially in the in the billions over the next ten years.
2:41 Speaker 02 Because of AI?
2:43 Speaker 01 Mm hmm.
2:43 Speaker 02 Really?
2:44 Speaker 01 Yeah, the the the production cost cutting, you know, and mainly the repetitive type jobs that could be done through AI.
2:53 Speaker 02 Yeah.
2:53 Speaker 01 Which will result in a lot of the cost cuts are what they are basing the evaluation. I started diving into that to understand why, because there are others, other research that states or that think that, no, this is feels like a little bubble.
3:09 Speaker 02 I I read about this, I think in the New York Times the other day, they were talking about how it's not performing as they thought it would. A bunch of bunch of companies are like abandoning it because it's it they need so much human, you know, monitoring of it. But then the the tech guys were like, this is how every tech goes. Every tech, you know.
3:30 Speaker 01 I think I think there's a learning curve here that we're going through. And I think we talked about this on the show, shared and I on Monday.
3:36 Speaker 02 Okay.
3:37 Speaker 01 Uh, where where we we said, hey, it's it's just going to take some time for any type of industry, any type of business to learn about this. There's a there was an article, an interesting one on Monday about this CEO that fired or laid off eighty percent of his staff in twenty twenty three because they refused to adapt and adopt AI.
3:56 Speaker 02 Eighty?
3:57 Speaker 01 Eighty percent and had to go out and and and because people were resisting the change so much. He was like, forget about it. I'm just going to go out there and and hire people that are actually embracing the fact that AI is here to stay and to help.
4:11 Speaker 02 What would you do in that situation, Mr. Sammy Abi Ali?
4:15 Speaker 01 Well, I personally, look, when I first joined MoneyWise, I did not have, I did not know much about AI. That was two years ago.
4:21 Speaker 02 Yeah.
4:22 Speaker 01 Two, a little bit over two years ago. And I started, shared, introduced me to it. And I did so much with it.
4:29 Speaker 02 Yeah.
4:29 Speaker 01 Like I created policies, things that would take me fifteen hours, sometimes twenty hours. Takes me two hours.
4:36 Speaker 02 Yep.
4:36 Speaker 01 With, with, with, with AI. And, and, and, and I think I use it. You know, creating tables, I'm not very techie.
4:45 Speaker 02 Mm hmm.
4:46 Speaker 01 Right? I'm not, especially with Excel or other things, and it helps you. Even yesterday, I was able to create a fillable PDF document.
4:54 Speaker 02 Yeah.
4:55 Speaker 01 All through, just prompt, prompt, prompt, until I got, I got to the what I really I wanted. That should have probably taken me a lot more than the twenty minutes I did with ChatGPT.
5:05 Speaker 02 Yeah.
5:06 Speaker 03 Tecnologia. Tecnologia.
5:10 Speaker 01 That is the best meme out there.
5:13 Speaker 02 Oh, my goodness.
5:13 Speaker 01 Whoever, whoever said that, I think, I don't know if that's guy from Yemen, definitely Middle East.
5:17 Speaker 02 Oh, geez. That's not one I've heard before. It's a new one.
5:21 Speaker 01 You've never heard? Oh, man, this is rampant. Chris Bostrom sends me this all the time.
5:26 Speaker 02 Okay, okay, I gotta get on.
5:27 Speaker 01 Tecnologia.
5:28 Speaker 02 Oh. Okay, okay, okay. Yeah, I'm not, I'm not hip with the new stuff these days.
5:35 Speaker 01 This one is very funny. Because they do sometimes, people do certain things, and then this guy's voice comes out and says, tecnologia.
5:43 Speaker 02 That's great. That's great.
5:45 Speaker 01 Um, staying on just market updates, retail, um, uh, uh. Doing, doing okay. Loews, Loews ticked up after beating profit estimates and announcing an eight point eight billion dollar acquisition of, of, of, uh, another, another company. Uh, bonds, the, the interesting thing is this Friday, the Federal Reserve Chairman is gonna have a speech. Uh, uh, and, and truly, a lot of people are looking to Friday to get some type of a feel of what he's gonna be doing in September sixteenth and seventeenth.
6:18 Speaker 02 Re- remind me, if you know, how often do these speeches happen?
6:22 Speaker 01 So, so there's, there's a schedule for, for the year, I think for twenty twenty five, I think there's eight.
6:28 Speaker 02 Okay.
6:28 Speaker 01 Or nine, and, and they, they. They have him already scheduled.
6:32 Speaker 02 Yep.
6:32 Speaker 01 The next one is September sixteenth and seventeenth. At which time he will definitely come out and say, hey, we're reducing rates, we're keeping rates.
6:41 Speaker 02 Yeah.
6:42 Speaker 01 But this Friday, definitely the speech is gonna give some type of an indication.
6:46 Speaker 00 Is this the new, the Jackson Hole one?
6:49 Speaker 01 That's right.
6:49 Speaker 00 That everyone's talking about?
6:50 Speaker 01 Yeah, the Jackson Hole one, where the Federal Reserve Chairman, as well as other Federal Reserve chairmen around the country, as well as Federal Reserves from Europe and the rest of the world, they meet and talk about monetary policies and what have you.
7:06 Speaker 02 Wow.
7:06 Speaker 01 And then.
7:07 Speaker 02 What would it like to be a fly on the room in that?
7:09 Speaker 01 Oh, yeah.
7:09 Speaker 02 Fly in that room?
7:10 Speaker 01 Yes, yes. And then they'll, they'll, he'll comes out, he'll come out and say certain things. Investors pick on those certain things that he says.
7:19 Speaker 02 Mm-hmm, sure.
7:20 Speaker 01 And then the media takes over and starts making speculations. The market reacts. So the Monday after that, we'll see how the market reacts to his speech.
7:28 Speaker 02 Yeah.
7:29 Speaker 01 That'll be a very good indication. And then, of course, we're gonna have to wait until September sixteenth and seventeenth. There's definitely a push from a lot of people, both all type of industries, including, of course, our current president, talking about, hey, we need the rates to go down.
7:44 Speaker 02 Right, right, yeah, I hear a lot about that.
7:46 Speaker 01 How is that gonna affect us? It's gonna affect the cost of borrowing for businesses that are a lot of the time holding on making capex decisions and hiring decisions because the cost of borrowings.
7:57 Speaker 02 Right.
7:57 Speaker 01 If rates go down, then the cost of borrowing goes down, which means that they can allocate more capital towards things that they wanna invest into.
8:05 Speaker 02 Yeah, that makes sense. Do you know if there are any predictions out there? Or do you have your own prediction?
8:11 Speaker 01 I, looking at just the economy, personally, I don't think it's gonna be half a point. If he does move the rates, it's probably gonna be just to appease some of the. Investors concerns by maybe a quarter point.
8:25 Speaker 02 A compromise, so to speak. Okay.
8:27 Speaker 01 But half a point is just too deep of a cut.
8:29 Speaker 02 Uh huh. You would be surprised if that is what happened. Okay.
8:33 Speaker 01 Yeah. Now, that's me. I did lose a bet before with Justin Leland.
8:38 Speaker 02 Oh, you did?
8:39 Speaker 01 Yes.
8:39 Speaker 02 Do you have a bet on this one with Justin Leland?
8:41 Speaker 01 No, I stopped because I lost. It was expensive.
8:45 Speaker 02 Was it a big loss? Okay.
8:46 Speaker 01 It was expensive. It was expensive. And I'm not going to do that again.
8:51 Speaker 01 We have some questions, Emily.
8:52 Speaker 02 Yeah. Yeah. Do you want to get into it?
8:54 Speaker 01 Sure.
8:55 Speaker 02 Okay, sounds good. Um, let's start with this one here. We had a message that came in. Um, this is what it says. Where can a 14-year-old get a checking account in town? Is there something that Money Wise would tell a high school student that would help them understand money at that age? Thank you so much for your help and for your show. My guess is you have some good input on this. Sammy?
9:17 Speaker 01 Yeah, yeah, as an ex-banker, definitely. And definitely 14 years is a good age to start somebody. In fact, I would encourage people to start even earlier.
9:26 Speaker 02 Even younger, right? Yeah.
9:27 Speaker 01 Yeah, nine, 10. Start teaching people, the kids, about giving them a little bit of cash. Like, hey, this is your cash for the week. This is a start. And this, and then look, what are you going to do with it? Are they going to save? Are they going to spend it all?
9:43 Speaker 02 Yeah.
9:43 Speaker 01 Are they going to come back to you like, I need more? You know, just budget for your week and help them understand the value of money. Which, in general, I think as a society, we don't do a very good job.
9:55 Speaker 02 I agree.
9:55 Speaker 01 We just do a lot for our kids. And giving them a lot is not going to prep them for when they graduate. And a lot of the time get taken advantage of, especially when they go on campus and they don't understand the value of money or credit. And then they fall prey.
10:10 Speaker 02 All those credit cards in the mail.
10:12 Speaker 01 Yes. Yeah. Like, you walk into campus day one and you've got American Express, you've got Capital One, you've got Chase. They're all with clipboards. Hey, sign here, sign here, sign here. It's an easy thing. And then you start swiping that card and
10:25 Speaker 02 Yep, happens to a lot.
10:28 Speaker 01 They try to get you early. But no, going back to opening a checking account, yes, you do, you can open a checking account for a teenager and you can start at the age of 13.
10:38 Speaker 02 At any bank?
10:38 Speaker 01 At any bank.
10:40 Speaker 02 Okay.
10:40 Speaker 01 I encourage parents to use, uh, small banks or credit unions, just because they're a lot more friendly.
10:48 Speaker 02 Okay.
10:49 Speaker 01 To teenagers and they have a lot of nice programs and accounts that are low in fees for young.
10:56 Speaker 02 They're sort of focused on that demographic.
10:58 Speaker 01 Correct. As far as a big bank, sometimes you, again, you'll just be wary of not fraud, but just taking advantage of it from an NSF standpoint. But start with just opening a checking account. You, as a parent, have to be a signer on that account.
11:15 Speaker 02 Yeah, that makes sense.
11:16 Speaker 01 There's no way for a teenager to have an account unless they're an adult, because there are NSF charges and overdraft things that they need to sign for and disclosures to sign. So definitely you need an adult to be as a signer or cosigner with the kid.
11:36 Speaker 02 With the account, does that mean with anything that happens in the account, the adult has to co-sign as well? How does that work?
11:41 Speaker 01 Yeah, so when you open, when you open an account, let's say you open a checking account and you take one that has low fees, right? And you deposit as you go, $200, $500, depending on the budget. If there is an overdraft, if your kid starts swiping that card a little bit too often, then yes, you are liable as the parent
12:03 Speaker 02 Sure.
12:03 Speaker 01 for that overdraft to be covered. And that could be steep fees. In general, it's about $27 to $30, depending on the bank.
12:12 Speaker 02 Yeah, no, that makes sense. But the kid can, the kid has their, has their, the opportunity to practice their budgeting on their own, like every purchase does not require
12:23 Speaker 01 No, no, no.
12:24 Speaker 02 a parent co-sign.
12:25 Speaker 01 No, they can go and use the card as, as the owner of the card. And then the parent's job or responsibility at that time is just to monitor.
12:35 Speaker 02 And safety net, right?
12:36 Speaker 01 And safety net.
12:37 Speaker 02 An opportunity for the child to learn how to do this.
12:40 Speaker 01 And if the parent is just giving the card to a kid, they're either rich. And they don't care? Or they're just sometimes just too busy and forget, which if if you're the second one, I encourage you to on a weekly basis, check the checking account, go online, go through your phone and app and make sure that your son, your daughter are not going through and spending everything or overdrafting the account. That's part of the knowledge or the education.
13:09 Speaker 02 Right, provide an opportunity for conversation on needs versus wants, you know, that kind of stuff, right?
13:16 Speaker 01 Yeah, so I've seen, I've seen this, I don't, I, my kid is only twelve, but I am thinking about just, he's got a checking account, but he does not have a debit card.
13:25 Speaker 02 Okay.
13:26 Speaker 01 I would like for us to start giving him the opportunity to use that and spend on his own, but now you can put some guardrails though. As a parent, that debit card, you can limit it.
13:38 Speaker 02 Sure.
13:39 Speaker 01 So even if the account has five thousand dollars in it, you can limit the maximum of that debit as the parent, as the guardian, to let's say two hundred dollars per month.
13:48 Speaker 02 You can do that with the bank?
13:50 Speaker 01 That's right.
13:50 Speaker 02 Okay.
13:51 Speaker 01 Yes, bank will, will let you put a limit on that debit card.
13:55 Speaker 02 I see. You're not just saying it to your kid, otherwise you'll be grounded. You can actually do it with the bank.
14:03 Speaker 01 No, no, the bank.
14:04 Speaker 02 Just want to be clear, right, Steven?
14:06 Speaker 01 Yeah.
14:06 Speaker 00 Well, I do the same thing.
14:08 Speaker 01 Definitely, you can do, you can go to the bank, once you open the account, you can, they, they give you disclosures and you can ask for all these questions like, hey, can I put a limit on this debit card? And the answer to that, to that is yes. Most of the time, a bank will let you put a limit on the debit card.
14:22 Speaker 02 Okay.
14:23 Speaker 01 That's one of the, that's, that's one of the things, one of the tools to use for, for teenager is just sit down with them and go through what they want as expenses throughout the month. That's like step number one, and have them be honest with that feedback. You know, even adults sometimes, when they start budgeting for themselves, they're not honest with themselves.
14:45 Speaker 02 Meaning, what do you want to spend your money on?
14:46 Speaker 01 Correct, but also the list of items that you're spending your money on.
14:50 Speaker 02 Okay.
14:51 Speaker 01 So, let, let's say. You're a teenager, what are you gonna spend your money on? Okay, I want Starbucks.
14:58 Speaker 02 Food.
14:59 Speaker 01 I want food. I want, if I'm driving, I want a little bit of gas.
15:02 Speaker 02 Yep.
15:03 Speaker 01 Right? And mostly food.
15:05 Speaker 00 Video games.
15:06 Speaker 01 Video games.
15:07 Speaker 02 Entertainment.
15:08 Speaker 01 Entertainment.
15:09 Speaker 02 Yep.
15:09 Speaker 01 That's most of where the money is going to go. And I see this as a problem with adults even. Like when I was a consultant, I'll go through the list of items that people are spending money on. Oh, clothing. Oh, I don't do clothing. But then I look at the credit card statement.
15:27 Speaker 02 Turns out.
15:27 Speaker 01 And there's five hundred to seven hundred dollars a month of clothing. You are spending money on clothing. Well, now, it's just once a year. I'm like, it doesn't seem like it. It looks like it's every month.
15:37 Speaker 02 The numbers are saying, telling the difference.
15:39 Speaker 01 Outlets out there, going to that coach store and getting a couple of purses. Yes.
15:43 Speaker 02 It's like a lack of awareness.
15:45 Speaker 01 Yes.
15:45 Speaker 02 Mm-hmm.
15:46 Speaker 01 Yes. And we're such non-saving society
15:51 Speaker 02 Mm.
15:51 Speaker 01 that like cash burns in our pocket. Like it's like a little fire that burns that you need to get it out.
15:57 Speaker 02 Mm-hmm. It's hot in there.
15:59 Speaker 01 It's hot in there. Seriously. Like, we teaching our kids the importance of savings, of budgeting, and starting early in teenage years, in high school, is very, very important. In fact, I think the state of California now is making it mandatory for high schools to teach finance, budgeting, before they graduate and go into college.
16:24 Speaker 02 I tell you what, I did learn how to write a check out in economics in high school. That's the only thing I remember.
16:30 Speaker 00 Yeah, that's what.
16:30 Speaker 02 Oh, that and like.
16:32 Speaker 01 Yeah.
16:32 Speaker 00 And my econ class was all checking and how to write a check.
16:37 Speaker 02 I learned supply and demand.
16:38 Speaker 00 I was like, okay.
16:38 Speaker 01 In high school.
16:39 Speaker 02 Yes, yeah.
16:40 Speaker 00 And five years later, I was like, I don't think I'll ever need that.
16:42 Speaker 02 I didn't learn about personal finance at all.
16:44 Speaker 00 But I think that's what we really need.
16:46 Speaker 02 I agree.
16:47 Speaker 01 And the question here says, how can we help? So recently, Stephen, I wasn't there, but we did a seminar for teenagers.
16:56 Speaker 02 Right.
16:56 Speaker 01 At the racket club. Do we have that recorded or no? Yeah, that would have been great.
17:02 Speaker 00 We did have several listeners asked if next time if we could stream it. Because obviously with the time during the summer and it was around 5:30, they just couldn't get home in time.
17:14 Speaker 02 I know Seth, who is the advisor who who did that, who who did fantastic job and used to teach high school prior to becoming a financial advisor. I know he's really interested in teaching that to the kids and and wants to do other.
17:28 Speaker 01 Yeah, we're gonna do, we're gonna do more of those as as soon as we find the right platform and the demand, we're gonna do it because I think it's very, very important. I think that's part of our, should be part of our community, give back as a company.
17:39 Speaker 02 I agree. Yeah, it aligns with our core values, which is educating the community and and it just makes a whole lot of sense. We gotta educate the young people, too.
17:48 Speaker 01 I think it would be cool, like right before they graduate from high school, like a month before. Like we go around the high school, Seth and the team, or maybe Ma.
17:55 Speaker 02 Right.
17:56 Speaker 01 And just do this little two, three hours seminar for people before they graduate. Have them ask all the questions that they have.
18:03 Speaker 02 Oh, that'd be awesome.
18:03 Speaker 01 Help them a little bit. That would be cool.
18:05 Speaker 02 Yeah, I I bet the high schools would welcome that.
18:08 Speaker 01 I I think so. I think so, too.
18:12 Speaker 01 Is there a second part to the question?
18:14 Speaker 02 I think it was there, like helping them understand money at that age. Like, I don't know, do you have any, any thoughts on teaching them at that age, you know, interest, compound interest, or or?
18:26 Speaker 01 Yeah.
18:26 Speaker 02 You've mentioned a little bit about credit education.
18:29 Speaker 01 Yeah, yeah.
18:30 Speaker 02 But is there anything else to add there?
18:32 Speaker 01 We we talked about this, I I think on the show multiple times. One of the things to do with teenagers is and young people to build their credit is add them as a parent, add them to your credit card as a user. So that's gets their credit started. So by the time they graduate from high school, they have an established credit. So whenever they walk on campus and somebody's coming into them with a credit card. I've seen that before.
18:56 Speaker 02 Right, I know how it works.
18:57 Speaker 01 I know how it works. No, sir, thank you very much. My interest rate is a lot less than the 29% you're recommending to me today.
19:05 Speaker 02 You'd be so proud to hear Gabe walking through college like that. No, sir, thank you.
19:09 Speaker 01 Yes.
19:10 Speaker 02 My dad.
19:10 Speaker 01 So so the second thing is educating them a little bit about first, the power of savings.
19:16 Speaker 02 Right.
19:17 Speaker 01 The power of compounded interest through investment or just savings for that matter. But I think.
19:24 Speaker 01 Part of the teaching is maybe opening a small investment account for them. Have them learn about stocks, bonds, interest, where they can maybe create some type of a balanced portfolio, even if it's just very small. And then help them monitor that as they go and see what the fruits of that investment accumulate. By the time they graduate, they would have accumulated a lot of knowledge about markets, stock market, savings, interest rate, the power of compounded interest is, I think, crucial, especially for an economy like ours.
20:03 Speaker 02 Yeah.
20:03 Speaker 01 Right before they go and get taken advantage of again. Because the majority, I'm telling you, the majority, and I've seen the statistic, the majority of first year freshmen get taken advantage of when it comes to credit card and signing up for credit cards.
20:18 Speaker 02 Right, yeah. That may or may not have happened to me. I cannot confirm or deny.
20:25 Speaker 01 Hey, imagine me as an immigrant not speaking English and somebody's offering me that.
20:30 Speaker 02 Yeah.
20:31 Speaker 01 So you mean, you just swipe and you pay?
20:34 Speaker 02 And then you get the stuff?
20:36 Speaker 01 Oh yeah, give me, give me, I want that. I'll take that. There's a, there's a little, a channel on YouTube called the Khan Academy.
20:44 Speaker 02 Oh, yes.
20:46 Speaker 01 It's got, it teaches about a lot of things, but including, you know, budgeting, credit, savings, investing in taxes. I think it will be, it's a very good resource and it's videos, it's self-paced. If you wanna, if you wanna help your kid learn a little bit more about that, I would, I would, that would be a place to start.
21:06 Speaker 02 That's a great idea. Yeah, Khan Academy has a lot of great.
21:09 Speaker 01 Yes, I use it for math because I've been out of school for so long. If Gabe needs help, I'll go there.
21:16 Speaker 02 Oh, okay. I was like, are you brushing up on your math skills, mister?
21:21 Speaker 01 No, just for Gabe because I wanna be, I wanna be ready in case he needs help. Or he hasn't asked, but just from like whenever he asked, I kinda hide, go behind him, go like, hey, I go to Khan Academy, I figure it out and then I go back, hey, your dad's still, still got it. I remember, I remember.
21:38 Speaker 02 The X over the Y and then divide by three. Okay, do you want to move on then to the next question we have, the next message?
21:47 Speaker 01 Sure.
21:48 Speaker 02 Is there anything else you wanted to add to that?
21:50 Speaker 01 No, I was gonna take a break.
21:52 Speaker 02 Okay.
21:53 Speaker 00 We can skip it.
21:53 Speaker 01 Okay, let's go to the second question. I'll read that.
21:56 Speaker 02 Okay.
21:57 Speaker 01 "I didn't know Woolworths had steak burgers, but heard you on the last show. We are so excited to see what you guys have done to the building. Thank you and have you guys already hired staff."
22:08 Speaker 02 Okay, would you like me to answer that question?
22:10 Speaker 01 Yes, please.
22:11 Speaker 00 We heard a lot about these steak burgers this week.
22:13 Speaker 01 Yeah?
22:14 Speaker 00 We've got about three or four texts just with steak burgers.
22:18 Speaker 02 Was steak burgers?
22:19 Speaker 00 I have no idea even what a steak burger is.
22:21 Speaker 02 Okay, so they must have heard it somewhere. Uh, no, there won't be any quote steak burgers. However, the burgers will be from Angus, 100% Angus Beef. Uh, so maybe that's where it's coming from. Maybe that the word steak in their mind is equal to.
22:40 Speaker 01 Well, we'll have a pastrami burger though. My understanding is we should. We're gonna have one, right?
22:45 Speaker 02 We're gonna have a pastrami sandwich.
22:48 Speaker 01 Okay.
22:49 Speaker 02 Yes, I don't know that a pastrami burger is on the menu, but we're gonna have a variety. Uh, the classic burger, the cheeseburger, we'll have an option for a chili burger and then a lot of different sandwiches, salads, desserts. It'll be a fairly small menu, but it'll provide a lot of options for everybody that comes in.
23:13 Speaker 01 And the menu is small by design, Emily, correct? Like, we want to make sure that our burgers taste good, are the best, and we want to do them right.
23:22 Speaker 02 It's like a quality versus quantity scenario, yeah. Especially coming out of the gates. We know everyone's been so excited for the burgers to come back. We want to provide and deliver a great meal.
23:34 Speaker 01 And a great experience.
23:35 Speaker 02 And a great experience, and one as close to what they were used to before as we can get. So that is our goal. Of course, some years have passed and, you know, things change, but we are aiming to get that back for the public.
23:47 Speaker 01 I'm very excited for the burgers. I mean, in general.
23:51 Speaker 02 Just burgers in general. Just excited about burgers.
23:54 Speaker 01 Yeah, I I mean, that's probably one of my go to foods.
23:58 Speaker 02 Okay.
23:59 Speaker 01 You know, and I and I and I and I try to go places and and and see which one has has the best one, combination of the bun, the meats, the cheese, whatever other things. So I'm very excited for ours.
24:13 Speaker 02 Yeah, yeah, it is a whole meal in a package, right? You get so many different things in there and and sort of like pizza. It is one thing, but there's also so many little components that go into it that people like altogether a certain way, so.
24:27 Speaker 01 So, yeah, yeah, that's true.
24:29 Speaker 02 Yes.
24:29 Speaker 01 That's true, and I know our chef is very eager to to be out there and and feed people and get feedback.
24:36 Speaker 02 Exactly, yeah, yeah, no, we've been months and months in the works of menu tastings, um, you know, menu refinement, trying to get it dialed in. Um, this won't be just a, this has been well prepared, well thought out and well planned.
24:50 Speaker 01 Yeah, and as far and as far as just what we have done to the building, we cannot wait to show it to the world.
24:56 Speaker 02 It's beautiful. It's really coming together.
24:59 Speaker 01 It's it's it's it's where past meets now and future. And and Emily, I know you've done a lot. I mean, it's four years of a lot of hard work. This is not an easy project, so kudos.
25:13 Speaker 02 Yeah, thank you.
25:13 Speaker 01 To all the process and all the work you've done and I personally cannot wait to show it to to the community.
25:20 Speaker 02 Yeah, it's it's sort of like your baby, you know? You just asked before we got on the show, we're empty nesters now and have we adjusted to that? And, you know, I said, yeah, we've adjusted, but, you know, I think this is a new baby. This is a new child that we're raising now.
25:33 Speaker 01 Yeah.
25:33 Speaker 02 It's been in gestation for the last four years and now we're going to deliver it to the world and I hope you guys like it.
25:38 Speaker 01 That's right, that's right. Uh, before we we we go into break, there is a follow up to the question about the banking and and checking accounts. Sorry, but to follow up, is it better to use a local bank over a big bank for beginning with a bank account with our children? Just wondering if there is programs for local children? Yes, I encourage you to go to a local bank. I'm I'm a local, ex-local banker. I love smaller banks and local banks and also credit unions. Like I said, Valley Strong, Safe One, um, Alta One, they all have very nice programs for students, so I encourage you to to start there. Big banks, definitely the NSF charge, the overdraft charge.
26:21 Speaker 01 You're gonna be an account number versus maybe dealing with somebody from the community that might even end up knowing you and knowing your kid, and you'll be taken care of.
26:29 Speaker 02 Yeah, that's great.
26:31 Speaker 01 All right, with that being said, we'll take our first break. When we come back, we have a guest for you.
26:36 Speaker 02 Sounds good.
26:36 Speaker 00 Are you curious to learn more about how you can be money wise? Check out the Money Wise website at MoneyWiseGuys.com to get more info about what we do.
26:48 Speaker 01 Is this my song, Stephen? Lasso.
26:52 Speaker 02 Is this really, are you serious, Sammy? You're an enigma. You surprise me.
26:57 Speaker 01 I love all sorts of music, and this one just kind of like is pretty fun.
27:03 Speaker 02 Yeah, oh, I agree. I'm delighted that you love this song.
27:07 Speaker 01 Of course.
27:08 Speaker 02 I'm delighted.
27:09 Speaker 01 We're back. I'm Sammy Abiawi here with Emily Waite and our guest, Miranda Whitworth.
27:15 Speaker 04 Yeah, that's me.
27:16 Speaker 01 Miranda is the Marketing Officer at Mission Bank. That's your primary job. And you do dabble into helping with the media, or you're the Media Officer for Village Fest.
27:26 Speaker 04 I am.
27:27 Speaker 01 That's an event that's coming up soon.
27:29 Speaker 04 Big event. Very soon. It's coming up on September 6th, the first Saturday after Labor Day, so right around the corner.
27:35 Speaker 02 Is it always the first Saturday after Labor Day?
27:37 Speaker 04 Always.
27:37 Speaker 02 Okay.
27:38 Speaker 04 Since the beginning of time, 30 years ago.
27:40 Speaker 02 Beginning of all time.
27:40 Speaker 04 Yes.
27:41 Speaker 02 It's 30 years.
27:42 Speaker 04 It has been, we have been doing this for 30 years. Officially, though, this is like the 28th or 29th year because we had to take a little bit of a pause during COVID. So we can't say, well, our 30th anniversary is like next year, but we've been doing it since like, yeah, since 95. 94, yeah.
28:01 Speaker 01 And what prompted the start of the event?
28:04 Speaker 04 Well, I mean, there was a number of, a group of really big-hearted people that started in a backyard raising money for children's charities, and that's it. They saw a need, wanted to raise funds that would stay here in Kern County and not go outside. And there were a lot of really great organizations, and they wanted to make sure that their Money was just going to them. So like Boys and Girls Club, Mayor, Police Activities League, that sort of thing, right? Um, so they started in somebody's backyard, then they moved to the roof of the parking garage downtown. Um, and then, you know, to the Kern County Museum and it just kind of like iterated
28:44 Speaker 04 over the decades and now it is just the magnificent monster that it is over sixteen acres at the Kern County Museum.
28:52 Speaker 01 So, so the event itself, uh, Village Fest, what, beer, wine, food?
28:59 Speaker 04 Yep, and music.
29:01 Speaker 01 And music. And this year, there's like four stages, I hear, of different types of?
29:06 Speaker 04 So, yeah, so we have fi- every year it's five stages and it's, you know, fifteen bands, so it's three bands per stages, per stage. But this year, we actually took stage number five in the Neon Garden and that's gonna be our DJ stage. So we have like live DJs, right?
29:21 Speaker 01 Nice.
29:21 Speaker 04 Because we've seen that, the thing about Village Fest that we always try to do is to grow and evolve with our attendee base, right? And so, we, sure, and just make sure that we're doing what people want for today, right? It's a very different event than it was thirty years ago. It'll be a different event than it is today thirty years from now, right? So, we've seen over the past few years as we've started putting DJs in certain strategic spots around, um, the event, that we've had huge crowds kind of gathering just for the DJs, because they just wanna dance.
29:52 Speaker 02 They wanna dance.
29:53 Speaker 04 They wanna dance, right? And so-
29:54 Speaker 01 Makes sense with, with the booze.
29:56 Speaker 04 Uh, makes sense, makes sense, right?
29:57 Speaker 02 Just if you have it in you. Some people just have the dance in them, Sammy.
30:01 Speaker 01 But I'll go for the dancing.
30:02 Speaker 04 I know, right? The music's inside you.
30:04 Speaker 01 That's right. That's right.
30:06 Speaker 04 So if you head back to the Neon Garden, that big fifth stage is gonna be, we're just gonna have DJs every thirty minutes, new DJs. And we have a couple of our media partners that are gonna be there, um, fueling that talent back there. So yeah, you can go back there to the Neon Garden.
30:20 Speaker 02 What a great idea.
30:21 Speaker 01 I, I think that's a great idea.
30:23 Speaker 02 Yeah. Do you, how do you, how do you curate the music?
30:27 Speaker 04 How do we curate the music?
30:28 Speaker 02 Yeah. How do you choose who's coming in and performing?
30:31 Speaker 04 Um, my husband is Matt Munoz and he is-
30:36 Speaker 04 He works with another great guy, Jason Jensen. And with the help of the committee, they select the bands every year. And there's a little bit of a criteria for it like that they kind of use when they go through and select. You know, we want bands that are actually out there and performing throughout the year. Right. So bands that are active and working. This can't be the only gig you do all year long. Yeah, it makes sense. And so, and we want to make sure that a lot, if your band isn't just comprised of the same members that are going to play in 10 other bands, right? So we want to make sure that each band is kind of fresh. We want to make sure that we're representing all kinds of genres and that when you look at each stage, those bands kind of make sense together.
31:19 Speaker 04 And we want to make sure that like the bands kind of have a following. And it does make sense to book them that they're going to have a follower. They're going to bring people out. They're going to bring people out. Yeah, you know, and then the
31:32 Speaker 01 That's a good marketing strategy.
31:33 Speaker 04 Yeah, and then the bands do need to be good. You know, like the singer needs to be able to sing. And if you play the horns, they need to be in key and, and that sort of thing. So it's, you know, kind of simple stuff. Are they all local musicians? Uh huh. It's all local musicians too. And they're doing it really out of the, out of the kindness and generosity of spirit. Because it's not like some big payday. You know what I mean? You get a pass, you get a couple bucks per player, you know? It's not like a big money-making enterprise for anyone at all. This is a completely volunteer committee. We have hundreds of volunteers that are there on the site the night of to make sure it happens. And the, and the bands are really just covering the cost of their expenses to get there and get on stage.
32:14 Speaker 01 I mean, now that we're talking, I think this is genius. Blues, music, and bands and food.
32:20 Speaker 04 Right, yeah.
32:22 Speaker 01 Definitely attendance should be good, right?
32:24 Speaker 04 Attendance is great. And there's so, and we have hula dancers and we have, there's like a lot of entertainment going on out there. So it's kind of this whole sort of like ecosystem that we have, you know, four or 5,000 people, including volunteers, including our sponsors and all of their guests. And then our general admission that night's going to be kind of like elbow to elbow out there at the Kern County Museum, so.
32:48 Speaker 01 So this is September 6th?
32:50 Speaker 04 Mm-hmm.
32:51 Speaker 01 And it starts, what time?
32:52 Speaker 04 6:00 PM. Goes from 6:00 to 10:00 PM. Um, if you're a sponsor, then you have early access, starting at 5:00. Um, and if you're general admission, um, you can come out a little bit early, get yourself ID'd and wrist-banded, and then you can kind of hang out, listen to a DJ that they have sort of in this like, holding area. That way, when the gates open at 6:00, you can just head, you can start heading right in, right? So you're not like, kind of like, all caught up in a big, long line. If you want to get there early, make sure that you're, you're good to go.
33:21 Speaker 01 So tickets, you can, can you buy tickets ahead of time?
33:24 Speaker 04 Yeah.
33:25 Speaker 01 How do you do that?
33:26 Speaker 04 We're selling them through Eventbrite, so you can just search Bakersfield Village Fest on Eventbrite, or go to bakersfieldvillagefest.com. Um, all of the information about Village Fest is there, including the lineups for the stages, the restaurants that are gonna be, uh, there onsite, you know, the, the beers, the wines, that sort of thing. This year, our presenting sponsor is Kona Big Wave. So we're really excited to have them on board. Um, and all of that info is there, including a link to our, our tickets for sale.
33:53 Speaker 02 You guys have a great website. I just spent some time perusing it before you came. And, uh, it's really well put together. There's all the information you need on there. And you can check out if your favorite bands are gonna be playing, and when, and...
34:05 Speaker 04 It, well, I mean, the website, talk about like, a collaborative experience with our committee members. Um, Mike Willis of Willis of Williams has been on the committee since the very beginning. He's part of the Pentagon, as we call it, the, the five sort of like, key leaders. Yeah. He does that website, too, for free. Like, it is 100%.
34:22 Speaker 02 Everyone's just volunteering their time.
34:23 Speaker 04 We all volunteer our time to do this, yeah.
34:25 Speaker 01 How, how do sponsorships work? Like, if somebody wants to sponsor, maybe it's too late for this year, maybe next year, no?
34:31 Speaker 04 I mean, well, we're never gonna turn down.
34:33 Speaker 02 Never gonna say no.
34:33 Speaker 04 We're never gonna turn down some well-intentioned cash. I mean, come on. So, you can head to, uh, head to the website. We've, uh, we've got a, a link to an email address. You can hit up our, our lead of sponsorships, Bonnie Hasek. She's amazing. Um, I think it's just sponsors at bakersfieldvillagefest.com or something. Don't quote me on that. But go to bakersfieldvillagefest.com. Um, and sponsorships start at like, 1,500 bucks as a silver sponsor, and you get six VIP tickets. Tickets with that all the way up to, you know, as much as you want to spend. Um, you can get sky boxes, you can bring your team in, um, and that gives you kind of like a private setting where you've got some food and some drinks up there on in a skybox for yourself and for your team.
35:12 Speaker 04 Um, and, uh, yeah, you just have to, you just have to hit us up. But the only way to get VIP tickets is to be a sponsor. We have a lot of people that are like, well, I want to get VIP tickets. I don't want to just be GA. Just for the sponsors.
35:25 Speaker 01 That's, that's, that's cool. Yeah, that's cool. That's kind of like a perk for to be a sponsor.
35:29 Speaker 04 So get it. You and your five best friends could start at that silver level sponsorship and just, you know, you've got your, you'll get six VIP tickets right there. So.
35:38 Speaker 01 I've, I've been to Village Fest once. I think when I, that's when I was at Mission 15 years ago, we sponsored the event and it was, it was fun. Even though I don't drink, I actually had a lot of fun. We had, um, they had displayed one of those Chevy trucks from 1952 that was just recently, uh, redone and I love those things. I mean, I couldn't, couldn't move away from that. I had a lot of fun with, with, with the boys just laughing, but it was, it was, it was a cool event.
36:06 Speaker 04 No, it's a good time.
36:07 Speaker 02 You have a couple hundred volunteers, you said?
36:10 Speaker 04 We'll have about 500 there the night of. Yes.
36:13 Speaker 02 And also they're volunteering their time. Certainly. And are there any perks for the volunteers?
36:18 Speaker 04 They get a cute T-shirt and I think they get a pair of passes too. So they can invite a friend. Yeah.
36:23 Speaker 02 Got it. Okay. Great. Yeah. So are you still accepting volunteers?
36:27 Speaker 04 Yeah. Go to bakerstovevillagefest.com. You can actually sign up to volunteer as well. We've got a couple of more volunteer meetings. So we're always on the lookout for people to help out. And it's can come and help in the setup. You can come for the cleanup. You can come the night of and bar back, serve, pour. I know a lot of people who've been coming out and just pouring the night of, uh, for like 30 years and it's they get a group of friends together and they just like hang out on a certain, you know, beer truck and they just pour all night and they have a great time.
36:54 Speaker 01 I want to take a break, but when we come back, I want to ask you a question that how is the attendance now that a lot of the younger people are deciding not to engage in drinking or drinking activities? Okay. If we can, if we can talk about that when we come back, that'll be great. We'll take a break.
37:11 Speaker 00 Are you an employee with a company-sponsored retirement plan? Do you fully understand how you're invested? And whether or not you are maximizing your retirement plan's options? For more information on a free assessment, contact MoneyWise's 401(k) Specialist, Justin Leland, at 661-847-1000. That's 661-847-1000.
37:41 Speaker 01 Emily's smiling.
37:43 Speaker 02 I got assisting backup on this song.
37:45 Speaker 01 Oh, you did?
37:45 Speaker 02 It was just released, yeah, yesterday.
37:47 Speaker 01 Nice.
37:48 Speaker 02 Slide by local Devon Brinsfield.
37:51 Speaker 01 Well, we're the MoneyWise Show, Sammy Abiyawi with Emily Waite and Miranda Withward, Marketing Officer at Mission Bank and Media Officer for the Village Fest.
37:59 Speaker 02 Yes.
38:00 Speaker 01 And where we left it before is, do you see a little bit of a decline in attendance, given the fact that a lot of the younger generation or younger people are not wanting to drink anymore? Or are deciding to drink a lot less?
38:13 Speaker 04 Hmm, so I think that if the trend continues, we'll probably start seeing it in a few years. Right now, if you look at our attendee base, we're real strong in that like Gen X, older millennial, millennial kind of boomer, right? And we're holding steady in that and continue to hold steady in that. But as we have kind of our older attendees age out and start dropping out and we want to, we need that younger attendee base to kind of come in and sort of like bolster what we're losing, then yeah, we might see some issues there. But we, you know, we do a lot of marketing, we do a lot of trade agreements, but we also do a lot of digital marketing.
38:58 Speaker 04 And like I said, we're always evolving what we're offering from like an entertainment. Standpoint and a product standpoint too. So like you've seen, um, not, we have a lot of wine. That became a big thing. Um, a lot of seltzers kind of became a big thing. Um, people love beatbox, like cut water. So like, we've been able to evolve our product offering as our beverage distributors and our partners have evolved their product offerings too, to kind of like meet the needs and the tastes of the ever evolving like customer base that they have as well.
39:32 Speaker 02 Sure.
39:33 Speaker 04 Um, I think anybody who is offering an event where like the attraction has to do with alcohol is gonna start feeling it in some respect. I think, you know, um, people who are really relying on that just turned 21 crowd, um, is feeling it right now.
39:52 Speaker 02 Sure.
39:53 Speaker 04 Our attendees are a little bit older.
39:55 Speaker 02 Okay.
39:55 Speaker 04 Um, so, I mean, the future will really, will really show that. Um, I personally, we are seeing this trend now. We are. Um, I don't know if this trend is really gonna endure.
40:11 Speaker 02 Okay.
40:11 Speaker 04 Um, I think that, you know, there's all these jokes online. You talk like when you see people are like, oh, recession indicator. And you start joking about these things that you're starting to see come back around. Um, you know, in 2008, I was 24 or 25. I was in my mid twenties, right? And people are asking, you know, you've got these like Gen Z's that are asking older millennials, like, what did you do to survive the recession? And we're like, we went to the bars. We had all the money we had. We ate ramen and we went to the bars. And I think that everything kind of goes in cycles. I really don't see this like sort of in this sort of like weird abstinence by default from alcohol.
40:53 Speaker 04 I don't think this is something that's gonna be for like continuing forever. I think it's just a little bit of a cyclical sort of like.
41:01 Speaker 02 Yeah. And even if it isn't, if it is a long, longstanding transition, you guys will adapt as you always have, right?
41:07 Speaker 04 Sure.
41:08 Speaker 01 Yeah. And I think, and I think the, the, the comment we just received from one of the listeners just is spot on about, about. What you just said, Village Fest is always a great time and you are missing it if you haven't been out there before. I'm a bit too old these days as it gets a bit rowdy later in the day, lol, but I think that's every event in town with alcohol. So there's a lot of people that really like going out there and having, having a great time and, and enjoying themselves.
41:35 Speaker 02 How much are the tickets? We had a listener asking about that.
41:38 Speaker 04 Um, tickets right now I think are ninety-nine dollars.
41:41 Speaker 02 Okay.
41:42 Speaker 04 They go up though as we get closer to the event. Um, so I think prior to day of, they'll get up to one oh nine, but day of they're one twenty-nine. And we start our early birds right when, right when they go on sale at eighty-nine bucks. So you have a forty-dollar savings if you're buying them right out of the gate. So um, we're in the middle of our steps through their ninety-nine or one oh nine right now. I should check before I came in.
42:04 Speaker 01 It's okay. So everything is available on the website. And we're gonna have notes on our podcast as well. So for the listeners, yes?
42:09 Speaker 04 Yeah, yeah, yeah. Head to the website, bakersfieldvillagefest.com or just go to Eventbrite and search Bakersfield Village Fest. It'll pop right up for you.
42:17 Speaker 01 You and Emily were talking about something interesting as far as generating the money from this event and, and, and what it goes and what do you do with it? Can, can we dive into that? Because the end result here is to help this community. And that's, and this community is awesome, by the way. I mean, we come together to help and volunteer and, and what have you. So what do you, like, what's your, the purpose? What's your, like, number one?
42:46 Speaker 04 The mission?
42:46 Speaker 01 Mission, yes.
42:47 Speaker 04 So the mission of Village Fest is one hundred percent of our proceeds, we are all volunteers, we don't have an executive director with a paycheck. Like, one hundred percent of the proceeds are net goes to fund careforkids.org, which is a five oh one C three that we created ourselves. Um, our committee members and a couple of other fine committee, uh, uh, community members sit on the board of Care for Kids. Um, all of our funds go to careforkids.org and we just fund children's charities within Kern County. So you can check out careforkids.org. Um, we have Two grant funding periods a year. And if you're a local children's charity and you have some programs or services that you
43:32 Speaker 04 need help funding, you can apply for our grants and we're giving out, you know, everything from like back to school clothes to like, I think we helped purchase a van for Boys and Girls Club and that sort of thing. So there's a, there's a lot of opportunity there. Since Village Fest was inceptioned, we've been able to fund an endowment. We've, we've put 1.2 mil, we've, we've raised 1.2 million dollars. We have been able to fund this endowment that will help us continue to make these grants possible.
44:04 Speaker 02 Yeah.
44:05 Speaker 04 Long after Village Fest, no lot, like if we all decide one day to throw in the towel because we're old and gray and that's enough, or drinking completely dissolves from the planet or whatever, the, the endowment's still going to be there.
44:18 Speaker 02 Yeah.
44:18 Speaker 04 And we're still going to be funding grants for children's charities in Kern County. So if you buy a ticket, if you volunteer, if you're part of a band, or if you're just there to help set up or clean up, you've helped a children's charity here in Kern County and, and your good work has been put to good use.
44:34 Speaker 01 That's great.
44:35 Speaker 02 Wow, that's fantastic.
44:36 Speaker 01 That's, that's fantastic.
44:37 Speaker 02 I love that.
44:39 Speaker 01 What else, Miranda, do you want to say and just, just, just help us promote the, the, the fest?
44:45 Speaker 04 The event?
44:46 Speaker 01 Yeah, the event.
44:47 Speaker 04 I think, you know, it's a lot of work. We have a huge team that goes to put it on. And I, I'm so grateful for all of our sponsors, for Kona Big Wave coming on board to be our presenting sponsor. I think we are in interesting times. You are seeing kind of like this weird sort of shift when it comes to like alcohol, beverage consumption, party culture even. But I think that there's an opportunity, if you've never been to Village Fest before, if you're not somebody that goes out normally, I think there is an opportunity for you to buy a ticket to go and check it out. You get to hang out in the, on the museum grounds. It's right after kind of like the massive heat of the summer. Once the sun goes down, it's a beautiful night out there. You get to see all these local bands, experience all
45:30 Speaker 04 these different local restaurants. It really is kind of the best that big Bakersfield and Kern County has to offer. It's a huge reunion for a lot of people. You see all of your friends, people you went to school with. And it's, it is a very fun, special, really, really cool night. And you might as well,
45:49 Speaker 02 Yeah.
45:49 Speaker 04 you know, get yourself a ticket and give it a shot. See, see what the big deal is about.
45:55 Speaker 01 One last question from me, just, just a clarification. The ticket is ninety-nine, hundred twenty, whatever it ends up being. It's, it's all you can drink, all you can eat. Once you get in, you're in.
46:04 Speaker 04 Yeah, that's it. Price of admission.
46:05 Speaker 01 It's a very good value.
46:06 Speaker 04 It is. I mean, it, it's,
46:08 Speaker 01 It's a pretty good value.
46:08 Speaker 04 It really is like a really big bang for your buck. If you think about like going out to dinner,
46:13 Speaker 01 Yeah.
46:13 Speaker 04 maybe getting some drinks before, going to a show after, going to get drinks after. If it's just, that's a three hundred dollar night sometimes. I mean,
46:22 Speaker 01 And it's going to a good cause.
46:24 Speaker 04 Great cause.
46:24 Speaker 01 Like you're helping, you're helping.
46:25 Speaker 02 And for your community.
46:26 Speaker 01 That's right.
46:27 Speaker 04 Yeah. Yeah. It is.
46:29 Speaker 02 Fantastic.
46:30 Speaker 01 I just, definitely if, if you, September sixth, six to ten P M.
46:35 Speaker 04 Yep.
46:35 Speaker 01 If you're around, then, then go. Well, support, support the community. Buy a ticket, buy two tickets.
46:40 Speaker 04 Yep.
46:41 Speaker 01 Sponsor the event. You can still sponsor, right?
46:44 Speaker 04 Head to bakersfieldvillagefest.com. It's all there for you.
46:46 Speaker 01 It's a great, great way to treat your team. If you have a team that you want them to go and have fun, do this.
46:51 Speaker 04 Heck, yeah. For a reasonable price.
46:53 Speaker 01 That's for a reasonable price. Thank you so much, Miranda. I learned a lot. Thank you so much.
46:56 Speaker 04 Thanks for coming in. Really appreciate it.
46:58 Speaker 01 Uh, Stephen, are, are we off tomorrow?
47:00 Speaker 00 We are off tomorrow, but, uh, join us back on Getting Down to Business Friday. We'll have K P and Seth getting down to business with the local business owner. Doug Oaks from, uh, Can Do Crew Heating, A C Plumbing. We'll get down to business with them. Until then, be smart, be safe.
47:19 Speaker 01 Be money wise.
47:37 Speaker 05 Securities offered through L P L Financial, member S I P C. Investment advisory services offered through L P L Financial. L P L Financial and Money Wise Wealth Management are independently owned and operated.
Previous 8/19/25 Jackson Hole, Tariffs, and Tax Changes: Economic Insights with Dr. Richard Gearhart Next 8/22/25 Getting Down to Business: Doug Oakes of Can-Do-Crew Plumbing, Heating & AC Page updated November 6, 2026 · transcript and summary are machine-generated
