Skip to content

Attention World! This Is What Things Should Cost

Smart Money Happy Hour with Rachel Cruze and George Kamel

Hosted by George Kamel and Rachel Cruze

42m
Transcript

Original podcast

Summary

Written by a model from the transcript; not yet reviewed.

Rachel Cruze and George Kamel discuss the sticker shock of modern life by comparing today's prices with what things used to cost decades ago, touching on fast food, movie tickets, and everyday fees. The hosts debate the absurdity of modern inflation and review items they believe should cost a flat dollar, while also highlighting expenses they actually consider worth paying for, such as term life insurance, TSA Pre-Check, and data privacy services like Delete Me. Along the way, they share personal anecdotes about high school nostalgia, music albums, and budgeting realizations.

  • Prioritize high-value investments and professional services like term life insurance and tax planners. 3:17
  • Use data privacy tools like Delete Me to remove personal information from broker sites. 19:31
  • Utilize high-yield savings and long-term investing calculators to beat inflation over time. 35:17

Chapters

  1. 0:05
    Show Intro and Host Greeting

    Rachel and George introduce themselves, set the tone, and tease the episode’s focus on inflation and everyday costs.

  2. 1:11
    Price‑Per‑Glass Reveal

    They preview their review of a peach julep, promising to disclose the cost per glass and their final rating.

  3. 2:21
    Modern Value‑for‑Money Picks

    Rachel and George discuss services they consider worth their price, such as TSA Pre‑Check, YouTube Premium, and term life insurance.

  4. 6:18
    Cost‑Saving Ideation

    The duo brainstorms a list of everyday items that should cost $1, covering water, popcorn, and other staples.

  5. 22:00
    Peach Julep Breakdown

    They taste test the peach julep, rate it, and disclose its cost per glass of $2.26.

  6. 29:47
    Fee‑Frenzy Discussion

    They rant about various hidden fees—hotel parking, checked bags, textbook costs, and convenience fees—highlighting how they inflate everyday expenses.

  7. 35:01
    Investment and Budgeting Advice

    Rachel and George shift to practical financial strategies, emphasizing investing, high‑yield savings, and the importance of a solid budget.

  8. 38:20
    Guilty as Charged Segment

    The hosts play a light‑hearted game, admitting guilty budget items and sharing personal spending habits.

  9. 41:56
    Wrap‑Up and Call‑to‑Action

    They recap key points, promote their affiliate links, and tease the next episode before signing off.

Highlights

  • 1:03

    Sipping on Peach Julepsstory

    The hosts review a peach julep drink at the start of the show, which turned out to have a very neutral taste and cost $2.26 per glass.

  • 3:57

    A Fear of False Convictionsstory

    The guest shares a humorous fear of being falsely convicted of a crime and questions whether the co-host would remain loyal on the stand.

  • 6:58

    Sticker Shock at the Moviesdata

    The host reveals that a small popcorn and drinks at the movie theater cost upwards of $10, illustrating extreme pricing.

  • 8:07

    Electric Vehicle Registration Feesinsight

    The hosts discuss the hidden costs of owning an electric vehicle, including an extra $200 yearly fee to make up for lost gas taxes.

  • 12:13

    Blind Ranking Item Costsstrategy

    The hosts attempt to blind rank various services and items on a fixed price scale of one to fifty dollars.

  • 18:10

    Sporting Event Price Inflationdata

    The host cites data from the Bureau of Labor Statistics showing that admission prices for sporting events increased by over 123% from 2000 to 2025.

  • 22:01

    Spotify Streaming Royaltiesstory

    The host shares that his old music album on Spotify consistently earns between $10 and $13 a month from about 300 monthly listeners.

Quotes

  • “Term life insurance is another one that I think is, I know it sounds nerdy, but it's 100% worth the money.”
    George Kamel · 3:17
  • “You know, we talked about how we feel like when people say, oh, 20 years ago, we immediately go to like the 80s.”
    Rachel Cruze · 1:55
  • “The cost is $2.26 per glass, which I think is worth it.”
    George Kamel · 37:38
  • “I think if I made this at home, I could amplify it all.”
    George Kamel · 37:41
  • Fairwins 10:50–12:37
  • DeleteMe 19:31–20:11
  • Cozy Earth 33:32–34:41

About this episode

💵 Check out the Investing Calculator! A family trip to the movies can easily cost $80 these days; it’s rough out there! Today we’re talking about the reality of inflation . . . but in a fun way, we promise. Next Steps: · 🎙️ Catch our episode Common Money Wasters the Average American Falls For. · 💵 Create a free budget and find more margin with EveryDollar. · 🍸 Follow Smart Money Happy Hour on TikTok: @smartmoneyhappyhour · 📱 Submit a Guilty As Charged question for Rachel and George! Send a DM to @rachelcruze or @georgekamel on Instagram! Be sure to type “GUILTY?” at the top of your message so we don’t miss it. Connect With Our Sponsors: · Check out the FAIRWINDS Credit Union exclusive account bundle. · Get 20% off when you join DeleteMe. · Get 20% off with code SMARTMONEY at Cozy Earth. Today’s Happy Hour Special: 🍹 Peach Julep Recipe By: @Cocktails · 6 mint leaves · 2 tbsp. diced ripe peach · 1/2 tsp. simple syrup · 1 ounce peach puree · 1.5 ounces whisky · Fresh mint and peach slice for garnish Instructions: Put 6 mint leaves, 2 tbsp. diced ripe peach, and 1/2 tsp. simple syrup in a glass and muddle. Pour 1 ounce peach puree and 1.5 ounces whisky in glass. Add ice. Then stir. Garnish with fresh mint and a peach slice. Serve and enjoy! Explore More From Ramsey Network: 💰 George Kamel 🎙️ The Ramsey Show 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 📈 EntreLeadership Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

0:00
42:56

8,734 words · 2 speakers

Speaker names marked are inferred from speaking time and the show’s known hosts — they are not voice-verified.

Topics

  • Keurig
  • Google Maps
  • Spotify
  • TSA Pre-Check
  • Taco Bell
  • Function Health
  • Apple Maps
  • Waze
  • Garmin
  • DC

Page updated · transcript and summary are machine-generated