Q&A: High-Paying Job vs. PSLF, Aging Parents, & House-Hacking Too Soon?

25:33So I really want to click back on that because it's so true and so apparent in my eyes, but so many people don't think like that. They work their eight hour shift, they go home and they're like, all right, now what? They video game, they go out to eat, they play around, they waste money, they waste time. Whereas you could add one more, that side hustle, that online side hustle, all of these things. And all of that money could just be to invest to get you ahead later on. And so I really love that outlook that you have there, Austin. And I think more people need to consider that at all ages, how can I optimize more hours of my day for profit?

26:11Let me also be clear. What Robert just described was normal. Everyone's normal. Oh, I go work, I come home, I have some food, I watch a movie, like that's normal. Normal is beautiful. If you wanna be normal, please enjoy it. Enjoy normalcy. You have our, our utmost respect. Like seriously, like we're not telling everyone to go have this hustle culture, whatever. If normal works for you and you're on track to retire a millionaire, like you're doing it all like that's wonderful. But if you're someone who complains about normal, you don't have enough money. You don't have enough opportunities. You want to have these other different things.

26:43Like that's the people we're speaking to right now. So don't confuse that with like, we're telling everyone to go get a side hustle and go make a million dollars on a weekend. Right. We're not saying that, but we are saying is if you don't like your normal situation, there's ways to get out of it. Robert and I got out of it and we hoped that Brandon C. can also get out of it. Our next question comes from Laura C. Laura says, hey, I recently found your podcast. I'm a huge fan. I'm an attorney for the state of California and I'm currently over three years into my PSLF program. I've paid 40 payments out of the 120 required.

27:16I started with$176 ,000 in student loans, and despite one year of actual payments, my balance is now$178 ,400 due to high interest and the nightmare that is PSLF. I'm 38 and I went to law school later in life. During COVID, I was fortunate that two years of paused payments still counted toward my 10-year PSLF requirement. I take home about$5 ,400 a month, but with my rent, medical bills, and other expenses, I'm barely scraping by and can only put$115 a month in my Roth IRA. I also recently received a pay cut from the state and I'm making less than when I started as an attorney. I also have$8 ,000 of other debt that I'm close to paying off and trying to prioritize.

27:59My state job only offers 5 % annual raises with a possible promotion in three to five years from now. I'm very much considering pursuing a private sector role in the next six months. I'd make about$170 ,000 base salary, up to a quarter million dollars with a bonus, and I'd get a 401k match, but I would not qualify for the PSLF. However, I would likely refinance my loans to get a lower interest rate once out of PSLF. If I stay within the state of California, I might actually start my own firm, but I can't afford to invest in that right now, and that would take years to see a substantial return.

28:31Given my debt, limited savings, and PSLF progress, should I stick it out with a state job to get my loans forgiven or pivot to a high paying private role and aggressively pay them down myself. Honestly, I regret going into law school. I feel like it set me back financially instead of moving me forward. It did not set you back financially, Laura. We are about to give you the playbook, girl. Here we go. Congratulations on being an awesome lawyer. You're clearly incredible. You've been doing this for a long time here, three, four, five, six years. You're crushing it. I would 100 % say see you later bye to the state of California and the$80 ,000 a year that they're paying you.

29:06I would go make an extra$100 ,000 to$150 ,000 working in the private sector. So you'd start taking home anywhere between$11 ,000 to$12 ,000 a month, which is more than double than what you're making right now. You would not be scraping by anymore. You'd be able to aggressively pay down your$8 ,000 of other consumer debt, which I'm assuming is credit cards and high interest rates. You would also be able to invest toward your retirement. You'd have that 401k match. And yeah, just pay off the loans. That's fine, right? So live off of this, let's call it$8 ,000 or maybe$7 ,000,$8 ,000 a month. Use the other, I don't know,$4 ,000, $5 ,000 that you can make and use that to pay off these loans, right?

29:43$178 ,000 divided by$4 ,000. That is 44 months of payments. You divide that by 12. That's three and a half years. So fast forward three and a half years and you've got all of your student loans paid off. That's amazing. Yes, do that. Private sector all the way. Go get your bag. That's why you went to law school because Specifically here, you're saying, hey, I regret it because it's setting me back financially. It's not setting me back financially. The situation, the route you chose is what's setting you back financially, right? Making as little money as possible for the hope and the idea that I'll get my loans forgiven.

30:18That's great. I respect people that do that. But if you feel like, hey, I have a problem, I'm not moving in the right direction, let's fix the problem, right? Let's go figure out how to go make that$170,$200,$250 a year as a private sector attorney. And then maybe every year you use your bonus as a lump sum payment to the student loans. Or you feel back, you're not moving in the right direction. Maybe those lump sums go get invested for you. So now you really feel like you're making progress. At the end of the day here, there's a clear route of getting out of this. And that is to refinance those loans at a lower rate.

30:52Go work in the private sector making$170,$180,$200,$250, whatever it is. get that 401k match. These loans are gone in three years or so. And now you've got a 12 to $15 ,000 a month payroll that you're collecting. And think about all the investing you can do then. Jeez Louise. We could spend three hours unpacking the magic that you just laid out. So Laura Austin nailed this 100%. Get out of there. Stop worrying about this forgiveness program that you have in California because it is holding you back. You are leaving so much money on the table. I have calls with people every single month and they say, well, I know if I went out in the private sector or if I know if I quit my job and went out on my own, I can make XYZ more, but they have really good dental.

31:40Well, guess what? Go make the extra hundred grand a year and pay for your own dental because you're leaving too much money on the table worrying about a forgiveness program. Austin, you killed that answer. Laura, get out of there. Go be private. Make all that money. Invest the difference and you'll be so much better off in your life. Let's say that Laura makes right now$100 ,000 a year salary. Let's just pretend. So she makes $100 ,000 a year salary. She takes home$5 ,400 a month. So let's now pretend that she got the lower end of her estimate of$170 ,000. That$70 ,000 difference over that 10-year period of time is$700 ,000 more that she would make.

32:23Or you make$70 ,000 less and go get your$178 ,000. What would you rather have, Laura? $700 ,000 extra or$178 ,000 of student loans forgiven? Give me the$700 ,000 every single day. And just in this instance, right, you said you're three years out of the 10. So let's even call it seven years. So that's seven years times$70 ,000. That's $490 ,000 or 178. I'd take the 490. Even after taxes, you're making out more. And that's assuming you don't make any sort of promotion in that 10 year period of time. Of course, you're going to make promotions and bonuses and big projects like Laura, go get your bag, girl.

33:02We're rooting for you. We're proud of you. You are not behind financially. You're going to do this just fine. Our next question comes from Joseph B. Joseph B says, Hey Austin and Robert, my name is Joey, and I absolutely love the show. I've never missed an episode. I'm 22, debt-free, and still live with my parents in New Jersey, so my expenses are very minimal. I've wanted a house hack for years and was hoping to get your opinions on whether it's feasible for me within the next 12 months or if you think I might be getting a little too ambitious. I'm a fourth-year union electrical apprentice. I gross roughly$90 ,000 a year.

33:32I'll make$100 ,000 next year and then become a journeyman which increases my yearly gross to about$140 ,000 after that. I've just hit my first$100 ,000 invested. I have$50 ,000 in my bridge account,$30 ,000 in an annuity,$20 ,000 in a Roth IRA, and$4 ,000 in a cryptocurrency account. I also have a high yield savings emergency fund with $45 ,000 in it. I understand that this may be too much left on invested related to my expenses, but most of that is earmarked for a down payment and closing costs on a multifamily. So bear with me. Robert, what's your take here on Joey's situation? My take is that Joey is crushing it.

34:09So cool. When I see younger people that actually have it together, they're focusing on their wealth, they're focusing on their money and just really not letting their lives pass them by. So what do I like here? I love all of it. What would I do different? I would definitely consider since he has the base built, getting some money either out of the annuity or out of the high yield savings account. I would do a Fannie Mae 5 % down mortgage. Right now, it's just an incredible, incredible program. You can buy up to$1.3 million, and you can have even a lower credit score if need be to be able to qualify for these.

34:45And I would go buy a duplex, triplex, or a quadplex. Remember, you have to live in one unit for at least a year. But Joey, I think you're ready. And that's what I would do because you've already got the base built. You're going to be making a lot more money, and you're going to be building equity into this property by doing so. I love where you're at. Keep crushing it. That's what I would do. Yeah, I would dump the annuity, figure out what the cash that you can get out of that. Go invest that in your brokerage account via your bridge account there. And I promise you over the course of the next 45 years of your life between now and 65, you will make more by just investing in the S &P and the NASDAQ than you would from whatever your annuity person's telling you.

35:28So dump the annuity, eat the cost on whatever the surrender charges are, whatever, it'll be fine. And then go invest that. And then yeah, you've got$45 ,000 in this high yield savings account, you probably only need about 10 in it to keep your emergency fund, which means you're 35 or more, right, you're making a ton of money, you can beef that up to 40 4550, depending on what that down payment begins to shape up as for you go buy that duplex. The thing is, though, New Jersey real estate, New Jersey real estate is expensive. And I know that because Ireland's from New Jersey, my fiance, and I just, I didn't know how expensive New Jersey is.

36:01Do you have any tips or tricks for him, Robert, as it relates to finding a multifamily in a high cost of living state like New Jersey that maybe he could afford and how that begins to shake out? Yeah, do exactly what I'm doing right now in Ohio. Go to the parts of New Jersey that are up and coming, not so far away from your job or your family, but there's always these tertiary sectors of a market where they're up and coming and they're not an A level, they're more of a B or a C, find something there in an area that's growing, that's gentrifying, because there's always still gonna be deals in those areas.

36:36And that way you can be part of the growth and not buy at the top. That's what I would do. There we go. Heard it here first. Our next question comes from Ricky G. Ricky says, hi, Austin and Robert. I hope this message finds you both very well. I've been listening to your podcast for several months now, and I'm garnering a lot of useful information. And I enjoy listening to you both, especially how you both use real-world examples for all of us to easily digest the information. Keep up the amazing work. Thank you. I'm reaching out as my father was recently diagnosed with dementia, and my mother can no longer be his caretaker.

37:06Due to his condition, my brother and I cannot care for him daily either as we both have our own children in our respective homes. My parents do not have long-term care insurance, but they have two homes that they own. One they live in, and another is a rental property in New York, which they own outright. If my mother were to sell the rental property, she would net about$700 ,000 to$750 ,000 after taxes. Is there an investing strategy that she could opt in for or park the funds into, which can grow over time, but would also allow her to draw a small percentage every month or annually to help pay for assisted living for my father?

37:40Assisted living plus memory care costs in our area range between$7 ,000 to$10 ,000 a month or about$100 ,000 a year. I'm not privy to how much real estate income my mother is making from the home currently, but I have to assume it's in the neighborhood of$4 ,000 to$5 ,000 per month, but I could be wrong. I'm interested to confirm if keeping the home as a rental property instead of investing a lump sum from the sale is recommended. I'm sorry, man. I'm so sorry. Ricky, as someone who just lost his father, it is just a terrible, terrible time and a terrible situation. I just, I feel so bad for you and your family.

38:13Thankfully, my dad did not have dementia or anything like that. But I was looking at these assisted living facilities. I'm seeing five, six, seven,$8 ,000 a month. And I'm like, oh, my gosh, like, how do people afford this? And I actually asked one of the people that worked there. And they said that from their assets, right? And normally, when they move into the assisted living facility, they're moving out of an existing home. So they sell the existing home, take the proceeds and use that to pay for the assisted living facility. I think the statistic is that people live in these facilities for, I think it's around four, five or six years, something like that on average.

38:44So just kind of keep that in the back pocket as you think about projecting out how much this could cost for you. Total, I would sell the home. I would use that 700 to 750 ,000 after taxes. I would probably park some of it in the S &P 500 or the NASDAQ, maybe 50, 60, 70 % of it. Let it grow over time. Park the other 30, 40, 50 % in some high yield savings account or CSHI, which is an ETF that pays monthly distributions with T-bills, some sort of very low risk, pays 3.5 % to 4.5 % per year account, like a high yield savings account, and then have that as your sort of way to help supplement some of this money.

39:25Maybe once per year, you take off 10%, 11%, 12 % of the total portfolio, use that to pay for it. And because it's invested and because it's growing, hopefully you do not have to spend this entire amount of money. Hopefully there are different things that you can figure out in the future that could help. But maybe because it's invested in sitting in the right accounts, it could prolong the total amount that you can spend, right? So maybe instead of, you know, seven years, you're able to spend for eight or nine years now because you're able to grow this money over that period of time. Ricky, I'm so sorry that you're going through this, man.

39:53My heart hurts for you. Yeah, I agree 100%. I like the idea of getting it into the markets, getting it making money, because I look at it this way. Let's say that the assisted living is$7 ,000 a month. And you put in$750 ,000 into these accounts and you get a blended return of 10%. That's$75 ,000 a year in growth. And so if you can stay within that, you're not going to deteriorate the actual principle, but you would be using all of or most of the growth. And that's very reasonable to expect 8%, 9%, 10 % return to you on this money. So I agree with Austin 100%. That's what I would do because at the end of the day, it is one of the biggest burdens most people go through.

40:38You're very fortunate that your parents do have this property to be able to offset those costs because otherwise you could run out. That's what happened with my mother. Her Medicare and all that stuff ran out and I had to come out of pocket for those expenses just like Austin did. So keep that in mind. Our heart goes out for you and I hope this helps. I will say too, you probably will have to tap into the principal, right? It would be great if you could consistently get those 10%, 12%, 15 % returns in the markets, but we know that that's an average. So there will be down years. I share that only to let you know it's totally cool to tap into the principle and spend some of this money.

41:15This is what it's supposed to be used for. And fast forward 10 years from now, hopefully your father's still alive, but if he's not and you did have to spend some of this money to make sure that the last couple of years of his life was amazing for him, you were going to feel like you did the right decision. You made the right decision. You did everything right versus, oh man, I wish I still had an extra 50, $60 ,000. You know, now that my dad, like you're not going to feel that way. You're going to feel so grateful that you had this money to spend, to make sure that your father was in a wonderful, comfortable place in his last years.

41:47That's one thing I learned about my dad is like, you know, I've been taking care of him now for, it was about seven years, the last seven years of his life, I was taking care of him. And I don't regret at all any of the money I spent, any, anything like it was so worth every penny for me, where statistically speaking, like, did it put me back or whatever? Like, sure, you could think about it that way. But I think about it as my dad was super comfortable and we got to spend a lot more time together. So I argue, Ricky, that you will feel the same way. So if the 750 turns into 350 over the next, call it five, six, seven, eight, nine years, I have a hunch that you're going to feel like it was money well spent.

42:16And also for everyone else listening, think about getting ahead of this. If you have parents that are aging and you want to get ahead of this, you can look at long-term insurance, insurance, long-term care insurance, and getting ahead of some of these things to be able to help you down the road when it happens. Yes, you have a preloaded expense, but it also sets you apart from not having to sell all their assets and potentially run out of money. So keep that in mind as well. And if you want to learn more, Austin and I have been working with Suriance for a long time. They've done a wonderful job for anyone that we've sent their way.

42:50ask for Russ and tell him that you found him from the Rich Habits podcast. And there will be a link in the show notes below for anyone that needs it. So before we get into our next question, listen up, folks, you can lock in a 6 % or higher yield with a bond account on public. But remember, your yield isn't locked in until the time of purchase. So you might want to act fast, lock in a 6 % or higher yield with a diversified portfolio of high yield and investment grade corporate bonds only at public.com forward slash rich habits. So our next question comes from TK because they want to be anonymous.

43:26TK says, hi, Robert Nossen, big fan of the show. Thank you for all your thoughtful, no BS advice. A friend introduced me to the podcast and I've been hooked ever since. Let's go, Robert. We tell people all the time, share the episodes with the friends. TK got it from a friend. Shout out to TK's friend. We're super grateful. Now TK says, I'd love your take on the situation I'm navigating. I recently received$315 ,000 in capital gains from a stock payout from a former employer. I know, hashtag first world problems. I live in a high state tax state and expect to owe about$75 ,000 combined state and federal in taxes this year on that payout.

44:03I've set aside some of the proceeds to supplement my income as a part-time solopreneur over the next few years and have invested the rest in my taxable brokerage account, mainly in the index funds and ETFs you guys talk about. Shout out to you all. To reduce the tax hit, I'm contributing to a SEP IRA, and I'm benefiting from the higher SALT deduction thanks to the OBBB changes. But here's the real question. A tax mitigation firm, not my CPA, recently suggested I consider investing$100 ,000 into a short-term rental Airbnb fund with a real estate investment company that they know. The pitch is that it could generate returns while also helping me offset this year's tax bill with passive losses.

44:43Is this a smart move or is it too good to be true? I'm weighing the potential tax benefits against the risk of tying up cash in an illiquid investment. What red flags or liquidity concerns would you watch out for and how would you think about this trade-off compared to simply investing the money for long-term growth and eating the tax bill? Robert often talks about real estate as a solid investment, so I figured this might be in your wheelhouse. Thanks for considering this for a future Q &A episode. I'd love to hear how you'd think through it. Robert, I'll let you kick this one off. This is a great situation.

45:11Love the question, but here's my takeaway. I would be very careful and I would have to really dig deep to understand what's the general return. What is the track record of this company? How long have they been in the Airbnb business? All of the above, because a lot of these funds can be fantastic. They can offer you the tax benefits. They can offer you the things you desire. But the other part of it is, what if the returns stink? What if they're not good operators? And you have to consider all of this before making this investment. What I would rather see you do is take that $100 ,000 and buy your own short-term rental property to be able to get all of the benefits without all of the fees coming with investing in someone else's fund.

45:56That's what I would do if I were you. That's what I do every single year. In my world and in a lot of people's world that do what Austin and I do, there is a saying that I never, ever don't have top of mind. And that is, it's not what you make, it's what you keep. And in this instance, if you did this strategy you're talking about, you would gain a lot of tax benefits, keep more of your income away from the tax man. And it is a really good strategy. I don't know if I'd do it through a fund unless I knew the fund themselves and I knew that they were really good operators and their fee structure was fair.

46:31I think that's a great answer. I'd rather have$100 ,000 of cash invested into my favorite ETFs in single stocks that I choose that goes up 10, 15, 20, 30 % a year because I'm pretty good at this. And I enjoy, I'd rather have that than have$100 ,000 invested into a random fund that I have no control over that. Sure. I can get some passive losses. Let's call it 20 to 30 ,000 of that a hundred thousand would be realized as passive losses because of the cost segregation study that they would do. But it's like, okay, cool. One year's time fast forward and I make up for that 20 ,000 saved because I have my money invested and I make 20%.

47:07I guess what I'm trying to say is like, we've talked about this in the past on different episodes. I understand where people are saying, like, hey, let me optimize for taxes, save as much, like whatever. And I get that. And there's a ton of things that I don't know about taxes. But on the same token, I firmly believe there's nothing cooler than having a bunch of money in my brokerage account. Cool. You've got all these airbnbs all these things and all this debt like you've got all this stuff going on like i'm i'm glad i'm i'm sure that works for you i've got a friend michael elefante he does a great job with airbnb and he does this stuff so well like it works for him but i'm not an expert in that but what i do think i'm pretty good at is investing so like i do it works for me right know what what you're comfortable with what works for you and choose what works for you and so if you want to go with this airbnb route to save 20 30 000 and they've got good returns and you're able to like see like cool it might work out like i hope it does but i wouldn't do it because i feel like i could just take that same hundred thousand park it in the markets make the 20 30 percent the following 12 months like i've already done in my portfolio so far this year and it's not a liquid i can now sell it the next day that to me is really powerful and i will always choose to have hundreds of thousands if not millions of dollars in my possession than having that money spread across in funds and illiquid things that i can't control or see or touch or feel does that make sense?

48:22It makes perfect sense to me. And I'm living through it right now from a different perspective. And that is, I feel too many people want to optimize their tax strategies long before it's necessary. And then they find themselves trying to get too fancy with their money. And here's an example. I invested$250 ,000 15 years ago in a limited partnership with an oil reserve company because it sounded great. I was going to get this passive income. It was going to grow over time,$250 ,000. It was supposed to mature in five to seven years. I get my returns plus my dividends. All is well in the world. Well, guess what?

49:03It's 15 and a half years later. I get around$1 ,000 a month for my$250 ,000. And the only way to get liquid is to sell it through an auction. Then I have no control of what I get back. So just use this as fuel to understand that all these fancy structures and all these things, personal finances, personal, do what works for you. Because at the end of the day, I love Austin's take that he likes to be able to control his money, know where it is, have the liquidity in all of this is so important. So Austin, great answer as always. I love your perspective because I too am suffering through it. Think about what I could make with$250 ,000 just in VOO for the last 15 years.

49:50I haven't figured it out yet because it'll make me sick of how much money I would have from that investment. But instead I'm stuck collecting a thousand dollars a month from it and it's illiquid and I'll never do that again. I think that's a wonderful example, Robert. It's just, and it's not that that's every instance, right? There are some oil and gas I'm sure that, you know, worked out for people, but oh man, I, and, And something too, and this is more of like an Austin thing, is like, I also never want anyone to think, oh, Austin only got rich because he figured out how not to pay taxes. That's the only reason that he's got.

50:23No, I paid$120 ,000 last year. I'll pay probably over$200 ,000 this year. Like, I pay my taxes. I'm a tax paying man. I throw into society what I get out of it. I'm cool with that. I'm happy to do that. And yes, do I do the SEP IRAs, the backdoor Roth IRAs? I do all that normal stuff that everyone else does, but I'm not doing some crazy finagly, finugly stuff that we see these billionaires do. So, all right, next question. Actually, our last question. Michelle E says, Hey, Austin and Robert, I recently was introduced to your podcast and I've very much enjoyed and learned a lot so far. I'm working my way through past podcasts, but I'm itching to get some advice on a financial situation.

50:58I helped my mother manage her investments and finances. She was very leery of the markets and was talked into buying an indexed universal life insurance policy. She has three of them, each worth$80 ,000 with the sale proceeds from her house. Oh my gosh. She lives with me now. They have a surrender charge waiver writer so she can cash them in at any time without a penalty. Previously, she had this money in a basic bank account. So I think the increase in value is better than what she would have had earning nothing in a checking account. But I'm not convinced that this is the best place for her money.

51:29I'm wondering what you guys would recommend as a better investment that will grow her money more, but still be resilient to the markets. I feel others are making more off of her money than she's making on it herself. Really great question here. Cash it out, put it in a high yield savings account. Earn your 4.1 % with Publix high yield cash account. She will see that money deposited every single month. She'll go, oh my gosh, I'm making some money with my money. And you know, the markets are up, they're down, but not me. I just keep going up. Like that's, that's essentially what she's done right here herself with this$240 ,000.

51:58So yeah, do that every month. She'll get a nice little payment of$820. She can use that to buy her groceries or maybe treat her grandchildren or whatever she wants to do with that$820 a month. And then all is well in the world. If she does want to get a little bit of aggressiveness, maybe she can put 20-30 % of this into the markets and watch it go up and down over time. But assuming she already has some sort of nest egg, like maybe she doesn't need to do that. But if you are specifically asking what does she do with these funds so that she doesn't have to feel the ups and downs, park it in a high yield savings account, ride the wave, and she'll feel just fine.

52:30Everyone knows how I feel about IULs, and Michelle, you hit the nail on the head. No one should ever make more with your money than you make with your money. End of story. IULs have high fees, hidden fees, high commissions, surrender charges, penalties. It is not a real investment. At the end of the day, you have to always ask yourself this question or the person trying to sell you the IUL. Why does my money go away when I stop making payments if it's an investment? At the end of the day, if I put money into VOO every single month for 10 years and stop for the rest of my life, guess what? It's still my money and it continues to grow until I need it.

53:12That is not the case with an IUL. So for me, I think what Austin said is exactly right. Get it out of there. Get it into a high yield savings, maybe put some of it in SPYI or QQQI or VOO if you want to have some leverage and some exposure to the stock market, but get it somewhere where it's safe. You're not eroding with all of these fees and that way you control the money and you can get the income you desire or the growth you desire year over year and still control your own money. I'm going to set it better myself, everyone. Thank you so much for tuning into this week's episode of the Rich Habits podcasts.

53:49Don't forget to come back tomorrow for our new Friday episodes where we break down the biggest headlines and happenings impacting you and your money. These episodes are insane. We've already had 100 ,000 downloads on last week's episode. You all love the, we talked about Apple 600 billion dollar investment, what Disney's doing with the NFL. We talked about all the fun stuff. So go listen to that episode if you've not yet listened to it and be sure to come back tomorrow for this Friday's episode. You guys are going to absolutely love it. And if you enjoyed this episode, please consider sharing it with a friend, just like TK shared the podcast with her.

54:25And then also consider leaving us a five-star review. They mean the absolute world to us. We wear those reviews like a badge of honor, 4.9 stars right now in Spotify. It means so much to us, knowing that we put out such great content and you guys are receptive to this content and truly think that it is worth listening to. So by just leaving us a five-star review, it really, really means a lot. And one selfish plug, don't forget we're still running the Rich Habits Network 7-Day Free Trial. You can join for$0, come in and kick the tires, check out the modules, join a private live and see what it's all about, and really, really entrench yourself and see if it's a good fit for you.

55:06We're running that 7-Day Free Trial right now. There's a link in bio or in the show notes below. so thank you all for coming by each and every week we love you all and appreciate all that you do for us thanks everyone and we'll see you tomorrow

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