Latest / Becoming Financially Confident / Is Social Security, Debt, or Identity Theft Costing You?

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Is Social Security, Debt, or Identity Theft Costing You? · Becoming Financially Confident

• 0:46
  Well,
• 0:46
  hello,
• 0:46
  everybody.
• 0:47
  Welcome
• 0:47
  in.
• 0:48
  Glad
• 0:48
  you're
• 0:48
  here
• 0:48
  today.
• 0:49
  I'm
• 0:49
  Ralph
• 0:49
  Estepp
• 0:50
  Jr.
• 0:50
  And
• 0:51
  this
• 0:51
  is
• 0:51
  Financially
• 0:52
  Confident
• 0:52
  Christian
• 0:53
  Live.
• 0:53
  We
• 0:53
  go
• 0:53
  live
• 0:54
  every
• 0:54
  Friday
• 0:54
  at
• 0:55
  1pm
• 0:55
  right
• 0:55
  here.
• 0:56
  Same
• 0:56
  place
• 0:57
  we
• 0:57
  talk
• 0:57
  about
• 0:58
  money
• 0:58
  the
• 0:58
  way
• 0:58
  real
• 0:59
  people
• 0:59
  actually
• 0:59
  live
• 1:00
  it.
• 1:00
  Now,
• 1:00
  that
• 1:01
  version
• 1:01
  where
• 1:01
  everything
• 1:02
  goes
• 1:02
  gets
• 1:03
  wrapped
• 1:03
  up
• 1:03
  neatly.
• 1:04
  We're
• 1:04
  just
• 1:04
  talking
• 1:04
  about
• 1:05
  the
• 1:05
  version
• 1:05
  you're
• 1:05
  sitting
• 1:05
  with
• 1:06
  the
• 1:06
  bill
• 1:06
  and
• 1:06
  didn't
• 1:06
  expect
• 1:07
  or
• 1:07
  decision
• 1:08
  you're
• 1:09
  not
• 1:09
  sure
• 1:09
  you
• 1:09
  made
• 1:09
  right.
• 1:10
  Or
• 1:10
  maybe
• 1:10
  it's
• 1:10
  that
• 1:11
  letter
• 1:11
  that
• 1:11
  showed
• 1:11
  up
• 1:12
  and
• 1:12
  you
• 1:12
  don't
• 1:12
  know
• 1:12
  what
• 1:12
  to
• 1:13
  do
• 1:13
  next.
• 1:13
  That's
• 1:14
  exactly
• 1:14
  what
• 1:14
  we
• 1:15
  do
• 1:15
  here
• 1:15
  today.
• 1:16
  Today
• 1:16
  I've
• 1:16
  got
• 1:16
  three
• 1:17
  questions.
• 1:17
  All
• 1:18
  of
• 1:18
  them
• 1:18
  are
• 1:18
  so
• 1:19
  much
• 1:19
  more
• 1:19
  common
• 1:19
  than
• 1:19
  you
• 1:20
  might
• 1:20
  think.
• 1:20
  We're
• 1:21
  going
• 1:21
  to
• 1:21
  start
• 1:21
  talking
• 1:21
  about
• 1:21
  a
• 1:22
  man
• 1:22
  trying
• 1:22
  to
• 1:22
  figure
• 1:22
  out
• 1:23
  whether
• 1:23
  67
• 1:24
  is
• 1:25
  actually
• 1:25
  the
• 1:25
  right
• 1:25
  age
• 1:26
  for
• 1:26
  him
• 1:26
  to
• 1:26
  claim
• 1:26
  Social
• 1:26
  Security
• 1:27
  or
• 1:27
  whether
• 1:28
  that
• 1:28
  number
• 1:28
  is
• 1:28
  just
• 1:29
  something
• 1:29
  people
• 1:29
  repeat
• 1:30
  without
• 1:30
  thinking
• 1:30
  it
• 1:30
  through.
• 1:31
  Then
• 1:31
  we're
• 1:31
  going
• 1:32
  to
• 1:32
  talk
• 1:32
  about
• 1:32
  a
• 1:32
  woman
• 1:32
  getting
• 1:33
  calls
• 1:33
  from
• 1:33
  a
• 1:33
  debt
• 1:33
  collector
• 1:34
  about
• 1:34
  a
• 1:35
  bill
• 1:35
  she's
• 1:35
  not
• 1:35
  sure
• 1:35
  she
• 1:36
  owes
• 1:36
  and
• 1:37
  wanting
• 1:37
  to
• 1:37
  know
• 1:37
  whether
• 1:37
  her
• 1:38
  rights
• 1:38
  are
• 1:38
  at
• 1:39
  the
• 1:39
  moment
• 1:39
  that
• 1:39
  already
• 1:40
  feels
• 1:40
  overwhelming.
• 1:41
  And
• 1:41
  then
• 1:42
  we're
• 1:42
  going
• 1:42
  to
• 1:42
  end
• 1:42
  the
• 1:42
  show
• 1:42
  today
• 1:42
  with
• 1:43
  a
• 1:43
  retiree
• 1:43
  who
• 1:43
  got
• 1:44
  a
• 1:44
  medical
• 1:44
  bill
• 1:44
  for
• 1:44
  a
• 1:45
  procedure
• 1:45
  listen
• 1:45
  to
• 1:45
  this.
• 1:46
  She
• 1:46
  never
• 1:46
  had.
• 1:47
  And
• 1:47
  now
• 1:48
  she's
• 1:48
  realizing
• 1:48
  something
• 1:49
  may
• 1:49
  be
• 1:49
  wrong
• 1:49
  for
• 1:49
  a
• 1:50
  while
• 1:50
  without
• 1:51
  a
• 1:51
  red
• 1:51
  flag
• 1:51
  showing
• 1:52
  up
• 1:52
  on
• 1:52
  her
• 1:52
  credit
• 1:52
  report.
• 1:53
  We're
• 1:53
  talking
• 1:54
  about
• 1:54
  three
• 1:54
  different
• 1:54
  situations,
• 1:55
  all
• 1:56
  three
• 1:56
  very
• 1:56
  real
• 1:56
  situations.
• 1:58
  So
• 1:58
  if
• 1:58
  you're
• 1:58
  watching
• 1:58
  on
• 1:59
  YouTube,
• 1:59
  the
• 1:59
  chat
• 1:59
  is
• 2:00
  open.
• 2:00
  Drop
• 2:01
  your
• 2:01
  questions
• 2:01
  in
• 2:01
  as
• 2:01
  I'll
• 2:02
  get
• 2:02
  to
• 2:02
  as
• 2:02
  many
• 2:02
  as
• 2:03
  I
• 2:03
  can.
• 2:03
  If
• 2:03
  you're
• 2:04
  on
• 2:04
  Clubhouse
• 2:04
  joining
• 2:05
  us
• 2:05
  today,
• 2:05
  come
• 2:05
  up
• 2:05
  on
• 2:05
  stage.
• 2:06
  All
• 2:06
  right,
• 2:07
  let's
• 2:07
  get
• 2:07
  into
• 2:07
  this.
• 2:08
  So
• 2:08
  before
• 2:08
  we
• 2:08
  get
• 2:08
  started,
• 2:09
  I
• 2:09
  want
• 2:09
  to
• 2:09
  remind
• 2:10
  everybody,
• 2:10
  tell
• 2:10
  your
• 2:11
  friends
• 2:11
  about
• 2:11
  the
• 2:11
  show.
• 2:12
  If
• 2:12
  this
• 2:12
  is
• 2:12
  your
• 2:13
  first
• 2:13
  time,
• 2:13
  welcome
• 2:13
  to
• 2:14
  the
• 2:14
  show
• 2:14
  and
• 2:14
  make
• 2:15
  sure
• 2:15
  you
• 2:15
  come
• 2:15
  back
• 2:15
  next
• 2:16
  week.
• 2:16
  And
• 2:16
  hey,
• 2:16
  here's
• 2:17
  a
• 2:17
  plan.
• 2:17
  Bring
• 2:17
  somebody
• 2:18
  with
• 2:18
  you
• 2:18
  who
• 2:18
  needs
• 2:19
  this
• 2:19
  information.
• 2:20
  Now
• 2:20
  if
• 2:20
  you're
• 2:21
  interested
• 2:21
  in
• 2:22
  finding
• 2:22
  out
• 2:22
  more
• 2:22
  about
• 2:23
  what
• 2:23
  we
• 2:23
  do,
• 2:23
  you
• 2:24
  can
• 2:24
  go
• 2:24
  to
• 2:24
  financially
• 2:25
  contact
• 2:25
  confidentchristian.com
• 2:27
  and
• 2:27
  if
• 2:27
  you
• 2:27
  want
• 2:28
  to
• 2:28
  go
• 2:28
  even
• 2:28
  deeper,
• 2:29
  you
• 2:29
  can
• 2:29
  join
• 2:29
  our
• 2:30
  Patreon
• 2:30
  site.
• 2:31
  You
• 2:31
  can
• 2:31
  do
• 2:31
  that
• 2:31
  by
• 2:32
  going
• 2:32
  to
• 2:32
  financiallyconfidentchristian.com
• 2:35
  join.
• 2:36
  So
• 2:36
  that
• 2:36
  could
• 2:36
  be
• 2:36
  some
• 2:37
  great
• 2:37
  things.
• 2:37
  Well,
• 2:37
  let's
• 2:37
  get
• 2:38
  right
• 2:38
  to
• 2:38
  question
• 2:39
  number
• 2:39
  one
• 2:40
  here
• 2:40
  from
• 2:41
  one
• 2:41
  of
• 2:41
  our
• 2:41
  listeners.
• 2:43
  Listener
• 2:43
  writes
• 2:44
  this.
• 2:44
  Everyone
• 2:45
  I
• 2:45
  talk
• 2:45
  to
• 2:45
  seems
• 2:46
  to
• 2:46
  think
• 2:46
  that
• 2:46
  67
• 2:47
  is
• 2:47
  the
• 2:47
  age
• 2:48
  to
• 2:48
  claim
• 2:48
  Social
• 2:48
  Security.
• 2:49
  My
• 2:50
  co
• 2:50
  worker
• 2:50
  did
• 2:50
  it
• 2:50
  at
• 2:51
  67.
• 2:52
  My
• 2:52
  neighbor
• 2:52
  did
• 2:52
  it
• 2:52
  at
• 2:53
  67.
• 2:54
  When
• 2:54
  I
• 2:54
  ask
• 2:54
  why,
• 2:55
  they
• 2:55
  all
• 2:55
  say
• 2:55
  the
• 2:56
  same
• 2:56
  thing.
• 2:56
  It's
• 2:56
  the
• 2:56
  full
• 2:57
  retirement
• 2:57
  age.
• 2:58
  I'm
• 2:58
  turning
• 2:59
  66
• 3:00
  next
• 3:00
  year,
• 3:00
  and
• 3:01
  I've
• 3:01
  started
• 3:01
  to
• 3:01
  wonder
• 3:02
  if
• 3:02
  I'm
• 3:02
  just
• 3:02
  going
• 3:03
  to
• 3:03
  follow
• 3:03
  the
• 3:03
  crowd
• 3:03
  without
• 3:04
  actually
• 3:04
  thinking
• 3:05
  this
• 3:05
  through.
• 3:06
  My
• 3:06
  wife
• 3:06
  is
• 3:07
  three
• 3:07
  years
• 3:07
  younger
• 3:07
  than
• 3:07
  me.
• 3:08
  We
• 3:08
  have
• 3:09
  some
• 3:09
  savings,
• 3:09
  but
• 3:09
  not
• 3:10
  a
• 3:10
  lot.
• 3:10
  I'm
• 3:11
  still
• 3:11
  working
• 3:11
  part
• 3:11
  time.
• 3:12
  Is
• 3:13
  67
• 3:13
  actually
• 3:14
  the
• 3:14
  right
• 3:14
  answer
• 3:15
  for
• 3:15
  me,
• 3:15
  or
• 3:15
  is
• 3:16
  that
• 3:16
  just
• 3:16
  the
• 3:16
  default
• 3:17
  that
• 3:17
  most
• 3:17
  people
• 3:17
  pick?
• 3:18
  Because
• 3:18
  it
• 3:18
  sounds
• 3:19
  right.
• 3:20
  Thanks,
• 3:20
  Ralph.
• 3:22
  And
• 3:22
  that
• 3:23
  is
• 3:23
  a
• 3:23
  great
• 3:23
  question
• 3:24
  to
• 3:24
  start
• 3:24
  off
• 3:25
  with
• 3:25
  today.
• 3:26
  I
• 3:26
  want
• 3:26
  to
• 3:26
  start
• 3:26
  by
• 3:26
  saying
• 3:27
  this.
• 3:27
  67
• 3:28
  is
• 3:29
  not
• 3:29
  some
• 3:29
  magic
• 3:30
  number.
• 3:31
  67
• 3:31
  is
• 3:31
  nothing
• 3:32
  more
• 3:32
  than
• 3:32
  the
• 3:32
  actual
• 3:33
  full
• 3:33
  retirement
• 3:34
  age
• 3:34
  that
• 3:35
  Social
• 3:35
  Security
• 3:36
  is
• 3:36
  saying
• 3:36
  that
• 3:37
  that
• 3:37
  is
• 3:37
  your
• 3:37
  full
• 3:37
  retirement
• 3:38
  age,
• 3:38
  and
• 3:38
  that's
• 3:38
  for
• 3:38
  anybody
• 3:39
  born
• 3:40
  in
• 3:40
  1960
• 3:41
  or
• 3:41
  later.
• 3:41
  For
• 3:41
  the
• 3:41
  last
• 3:42
  few
• 3:42
  years,
• 3:42
  we've
• 3:43
  been
• 3:43
  going
• 3:43
  through
• 3:43
  this
• 3:43
  situation
• 3:44
  where
• 3:44
  it
• 3:44
  goes
• 3:44
  up
• 3:45
  by
• 3:45
  a
• 3:45
  couple
• 3:45
  months
• 3:45
  each
• 3:46
  time,
• 3:46
  but
• 3:46
  now
• 3:46
  it's
• 3:46
  locked
• 3:47
  in
• 3:47
  at
• 3:47
  67.
• 3:48
  Here's
• 3:49
  the
• 3:49
  bottom
• 3:49
  line.
• 3:50
  If
• 3:50
  you
• 3:50
  claim
• 3:51
  earlier
• 3:51
  than
• 3:51
  67,
• 3:53
  your
• 3:53
  check
• 3:53
  shrinks.
• 3:55
  The
• 3:55
  problem
• 3:55
  with
• 3:55
  your
• 3:55
  check
• 3:56
  shrinking,
• 3:56
  it
• 3:56
  shrinks
• 3:57
  forever.
• 3:57
  It
• 3:58
  never
• 3:58
  changes.
• 3:59
  So
• 3:59
  if
• 3:59
  you
• 3:59
  decide
• 4:00
  to
• 4:00
  take
• 4:00
  Social
• 4:00
  Security
• 4:00
  before
• 4:01
  you
• 4:01
  reach
• 4:01
  that
• 4:01
  full
• 4:02
  retirement
• 4:02
  age,
• 4:03
  like
• 4:03
  I
• 4:03
  said,
• 4:03
  which
• 4:03
  is
• 4:03
  67,
• 4:05
  you're
• 4:05
  going
• 4:05
  to
• 4:05
  permanently
• 4:06
  reduce
• 4:06
  the
• 4:07
  amount
• 4:07
  of
• 4:07
  benefit
• 4:07
  you
• 4:08
  have.
• 4:08
  But
• 4:08
  here's
• 4:09
  the
• 4:09
  other
• 4:09
  side
• 4:09
  of
• 4:09
  that.
• 4:10
  If
• 4:10
  you
• 4:10
  wait
• 4:11
  past
• 4:11
  67,
• 4:12
  it
• 4:12
  grows
• 4:13
  about
• 4:13
  8%
• 4:14
  a
• 4:14
  year
• 4:14
  until
• 4:15
  you
• 4:15
  reach
• 4:15
  age
• 4:15
  70.
• 4:16
  Once
• 4:16
  you
• 4:16
  reach
• 4:16
  age
• 4:16
  70,
• 4:17
  it
• 4:17
  doesn't
• 4:17
  get
• 4:18
  any
• 4:18
  bigger.
• 4:18
  So
• 4:18
  you
• 4:18
  definitely
• 4:19
  want
• 4:19
  to
• 4:19
  take
• 4:19
  it
• 4:20
  70,
• 4:20
  if
• 4:21
  not
• 4:21
  before.
• 4:22
  But
• 4:22
  the
• 4:22
  age
• 4:23
  that's
• 4:23
  right
• 4:23
  depends
• 4:24
  on
• 4:24
  your
• 4:24
  situation.
• 4:25
  And
• 4:26
  that's
• 4:26
  why
• 4:26
  I
• 4:26
  love
• 4:26
  this
• 4:26
  question.
• 4:26
  It's
• 4:27
  not
• 4:27
  about
• 4:27
  what
• 4:27
  the
• 4:27
  crowd
• 4:28
  thinks.
• 4:28
  It's
• 4:29
  about
• 4:29
  what's
• 4:29
  right
• 4:29
  for
• 4:30
  your
• 4:30
  particular
• 4:31
  situation.
• 4:32
  And
• 4:32
  as
• 4:32
  we
• 4:33
  got
• 4:33
  this
• 4:33
  question,
• 4:33
  we
• 4:34
  did
• 4:34
  a
• 4:34
  little
• 4:34
  research
• 4:35
  and
• 4:35
  we
• 4:35
  found
• 4:35
  this
• 4:36
  Money
• 4:36
  magazine
• 4:37
  article
• 4:37
  by
• 4:37
  a
• 4:37
  fellow
• 4:38
  by
• 4:38
  the
• 4:38
  name
• 4:38
  of
• 4:38
  Mark
• 4:38
  Guberti.
• 4:39
  And
• 4:39
  this
• 4:39
  came
• 4:39
  out
• 4:40
  in
• 4:40
  May
• 4:40
  of
• 4:40
  2026.
• 4:41
  And
• 4:42
  it,
• 4:42
  and
• 4:42
  it
• 4:42
  really
• 4:43
  says,
• 4:43
  here
• 4:43
  are
• 4:43
  the
• 4:44
  three
• 4:44
  questions
• 4:45
  that
• 4:45
  you've
• 4:45
  got
• 4:46
  to
• 4:46
  ask
• 4:46
  if
• 4:46
  you
• 4:47
  find
• 4:47
  yourself
• 4:47
  in
• 4:48
  the
• 4:48
  same
• 4:48
  position
• 4:48
  as
• 4:48
  this
• 4:49
  listener
• 4:49
  today.
• 4:50
  And
• 4:50
  these
• 4:51
  are
• 4:51
  the
• 4:51
  ones
• 4:51
  that
• 4:51
  most
• 4:51
  people
• 4:52
  skip.
• 4:53
  So
• 4:53
  let's
• 4:53
  get
• 4:53
  right
• 4:53
  to
• 4:53
  it.
• 4:53
  Here's
• 4:54
  the
• 4:54
  first
• 4:54
  question.
• 4:55
  The
• 4:55
  first
• 4:56
  question
• 4:56
  you've
• 4:56
  got
• 4:56
  to
• 4:56
  ask
• 4:56
  yourself
• 4:57
  is,
• 4:57
  can
• 4:57
  you
• 4:57
  afford
• 4:58
  to
• 4:58
  wait?
• 4:59
  So
• 4:59
  what
• 5:00
  you're
• 5:00
  telling
• 5:00
  me
• 5:00
  in
• 5:00
  your
• 5:00
  listener
• 5:01
  question
• 5:01
  is
• 5:01
  you're
• 5:02
  still
• 5:02
  working
• 5:02
  part
• 5:02
  time.
• 5:04
  If
• 5:04
  your
• 5:04
  basics
• 5:05
  are
• 5:05
  covered,
• 5:06
  you're
• 5:06
  handling
• 5:07
  your
• 5:07
  expenses.
• 5:08
  If
• 5:08
  you
• 5:08
  decide
• 5:09
  to
• 5:09
  wait,
• 5:09
  that
• 5:09
  actually
• 5:10
  pays
• 5:10
  off
• 5:10
  for
• 5:11
  you.
• 5:12
  From
• 5:13
  67
• 5:14
  to
• 5:14
  age
• 5:14
  70
• 5:16
  means
• 5:16
  that
• 5:16
  you'll
• 5:16
  roughly
• 5:16
  get
• 5:17
  24%
• 5:17
  more
• 5:18
  per
• 5:18
  month.
• 5:20
  That's
• 5:20
  for
• 5:20
  life.
• 5:21
  So
• 5:21
  if
• 5:22
  you're
• 5:22
  able
• 5:22
  to
• 5:22
  wait
• 5:22
  even
• 5:22
  to
• 5:23
  age
• 5:23
  68,
• 5:24
  that's
• 5:24
  an
• 5:24
  additional
• 5:25
  8%.
• 5:25
  If
• 5:26
  you
• 5:26
  wait
• 5:26
  till
• 5:26
  age
• 5:26
  69,
• 5:27
  that's
• 5:27
  additional
• 5:28
  8%.
• 5:29
  And
• 5:29
  if
• 5:29
  you're
• 5:30
  able
• 5:30
  to
• 5:30
  wait
• 5:30
  till
• 5:30
  70,
• 5:31
  that's
• 5:31
  an
• 5:31
  additional
• 5:32
  8%.
• 5:33
  That's
• 5:33
  a
• 5:33
  24%.
• 5:36
  We'll
• 5:36
  call
• 5:36
  it
• 5:36
  a
• 5:36
  salary
• 5:37
  raise
• 5:38
  for
• 5:38
  the
• 5:39
  rest
• 5:39
  of
• 5:39
  your
• 5:39
  life.
• 5:40
  So
• 5:40
  this
• 5:40
  is
• 5:40
  not
• 5:41
  a
• 5:41
  simple
• 5:41
  decision.
• 5:41
  We
• 5:42
  just
• 5:42
  want
• 5:42
  to
• 5:42
  say,
• 5:42
  oh,
• 5:42
  I'll
• 5:42
  do
• 5:42
  whatever
• 5:43
  I
• 5:43
  think
• 5:43
  is
• 5:43
  best
• 5:43
  or
• 5:43
  whatever
• 5:44
  way
• 5:44
  the
• 5:44
  crowd
• 5:44
  is
• 5:45
  going.
• 5:45
  This
• 5:45
  is
• 5:45
  why
• 5:45
  this
• 5:45
  is
• 5:45
  so
• 5:46
  important.
• 5:47
  And
• 5:47
  I
• 5:47
  love
• 5:47
  what
• 5:47
  Mark
• 5:48
  put
• 5:48
  in
• 5:48
  the
• 5:48
  article.
• 5:48
  He
• 5:48
  said
• 5:49
  some
• 5:49
  people
• 5:49
  bridge
• 5:49
  those
• 5:50
  years
• 5:50
  with
• 5:50
  portfolio
• 5:51
  withdrawals,
• 5:52
  a
• 5:52
  part
• 5:52
  time
• 5:52
  job,
• 5:53
  and
• 5:53
  yes,
• 5:53
  some
• 5:53
  cost
• 5:54
  cutting.
• 5:55
  So
• 5:56
  getting
• 5:56
  back
• 5:56
  to
• 5:56
  the
• 5:56
  question,
• 5:57
  do
• 5:57
  you
• 5:58
  need
• 5:58
  the
• 5:58
  money?
• 5:59
  If
• 5:59
  you
• 5:59
  need
• 6:00
  the
• 6:00
  money
• 6:00
  right
• 6:00
  now,
• 6:01
  then
• 6:02
  by
• 6:02
  all
• 6:02
  means
• 6:02
  claim
• 6:02
  it.
• 6:03
  It's
• 6:03
  fine.
• 6:03
  There's
• 6:03
  no
• 6:03
  shame
• 6:04
  in
• 6:04
  that.
• 6:04
  You're
• 6:04
  not
• 6:04
  going
• 6:04
  to
• 6:05
  cost
• 6:05
  yourself
• 6:05
  anything
• 6:06
  because
• 6:06
  you're
• 6:06
  at
• 6:06
  full
• 6:07
  retirement
• 6:07
  age.
• 6:07
  It's
• 6:07
  not
• 6:07
  like
• 6:08
  you're
• 6:08
  going
• 6:08
  to
• 6:08
  go
• 6:08
  in
• 6:08
  the
• 6:08
  other
• 6:08
  direction.
• 6:10
  My
• 6:10
  whole
• 6:10
  point
• 6:10
  is
• 6:10
  though,
• 6:11
  decide
• 6:11
  on
• 6:11
  purpose,
• 6:12
  be
• 6:12
  intentional
• 6:13
  and
• 6:13
  in
• 6:13
  making
• 6:13
  that
• 6:14
  decision
• 6:14
  rather
• 6:15
  than
• 6:15
  just
• 6:15
  following
• 6:15
  the
• 6:16
  crowd
• 6:16
  because
• 6:16
  hey,
• 6:16
  follow
• 6:16
  the
• 6:17
  crowd,
• 6:17
  get
• 6:17
  yourself
• 6:18
  in
• 6:18
  trouble.
• 6:19
  So
• 6:19
  that's
• 6:19
  the
• 6:19
  first
• 6:19
  question
• 6:20
  to
• 6:20
  ask,
• 6:20
  do
• 6:21
  you
• 6:21
  need
• 6:21
  the
• 6:21
  money?
• 6:22
  Second
• 6:22
  question
• 6:23
  you
• 6:23
  got
• 6:23
  to
• 6:23
  ask
• 6:24
  is
• 6:24
  how
• 6:24
  long
• 6:24
  do
• 6:25
  you
• 6:25
  need
• 6:25
  the
• 6:25
  money
• 6:25
  for?
• 6:26
  Now
• 6:27
  the
• 6:27
  math
• 6:27
  breaks
• 6:28
  even
• 6:28
  around
• 6:29
  your
• 6:29
  late
• 6:29
  70s,
• 6:30
  meaning
• 6:31
  once
• 6:31
  you
• 6:31
  get
• 6:31
  to
• 6:31
  your
• 6:32
  late
• 6:32
  70s
• 6:32
  in
• 6:32
  age,
• 6:33
  the
• 6:33
  number
• 6:34
  doesn't
• 6:34
  really
• 6:34
  matter.
• 6:35
  But
• 6:35
  as
• 6:35
  I
• 6:35
  said
• 6:36
  earlier,
• 6:36
  if
• 6:36
  you
• 6:36
  claim
• 6:37
  early,
• 6:38
  you're
• 6:38
  going
• 6:38
  to
• 6:38
  get
• 6:38
  more
• 6:38
  checks
• 6:39
  because
• 6:39
  you're
• 6:39
  going
• 6:39
  to
• 6:39
  get
• 6:39
  it
• 6:39
  at
• 6:40
  age
• 6:40
  you
• 6:40
  could
• 6:40
  basically
• 6:41
  get
• 6:41
  at
• 6:41
  age
• 6:41
  62,
• 6:43
  you're
• 6:43
  going
• 6:43
  to
• 6:43
  get
• 6:43
  more
• 6:43
  checks,
• 6:44
  but
• 6:45
  the
• 6:45
  checks
• 6:45
  are
• 6:45
  going
• 6:45
  to
• 6:45
  be
• 6:46
  smaller.
• 6:47
  And
• 6:47
  that's
• 6:48
  the
• 6:48
  way
• 6:48
  it's
• 6:48
  going
• 6:48
  to
• 6:48
  be
• 6:48
  for
• 6:48
  the
• 6:49
  rest
• 6:49
  of
• 6:49
  your
• 6:49
  life.
• 6:50
  If
• 6:51
  you
• 6:51
  wait,
• 6:52
  you're
• 6:52
  going
• 6:52
  to
• 6:52
  get
• 6:52
  fewer
• 6:53
  checks
• 6:53
  because
• 6:53
  you're
• 6:53
  waiting
• 6:54
  to
• 6:54
  do
• 6:54
  it,
• 6:55
  but
• 6:55
  they're
• 6:55
  going
• 6:55
  to
• 6:55
  be
• 6:56
  bigger
• 6:56
  ones.
• 6:57
  So
• 6:57
  if
• 6:57
  you
• 6:57
  wait
• 6:57
  till
• 6:57
  age
• 6:58
  70,
• 6:58
  your
• 6:58
  check
• 6:59
  is
• 6:59
  generally
• 6:59
  going
• 6:59
  to
• 6:59
  be
• 6:59
  24.
• 7:00
  I
• 7:00
  say
• 7:00
  check
• 7:01
  course,
• 7:01
  direct
• 7:01
  deposit
• 7:02
  these
• 7:02
  days,
• 7:03
  but
• 7:03
  your
• 7:03
  check,
• 7:03
  your
• 7:04
  direct
• 7:04
  deposit
• 7:04
  is
• 7:05
  going
• 7:05
  to
• 7:05
  be
• 7:05
  24%
• 7:06
  higher.
• 7:07
  The
• 7:07
  other
• 7:08
  thing
• 7:08
  you've
• 7:08
  got
• 7:08
  to
• 7:08
  really
• 7:08
  ask
• 7:09
  yourself
• 7:09
  is,
• 7:11
  is
• 7:11
  how
• 7:11
  long
• 7:11
  does
• 7:12
  your
• 7:12
  family
• 7:12
  live?
• 7:13
  And
• 7:14
  this
• 7:14
  is
• 7:14
  not
• 7:14
  an
• 7:14
  easy
• 7:15
  discussion
• 7:15
  to
• 7:15
  have.
• 7:16
  I
• 7:16
  would
• 7:16
  say
• 7:16
  take
• 7:16
  out
• 7:17
  a
• 7:17
  crystal
• 7:17
  ball
• 7:17
  and
• 7:17
  try
• 7:17
  to
• 7:18
  figure
• 7:18
  out
• 7:18
  how
• 7:19
  many
• 7:19
  people
• 7:20
  in
• 7:20
  your
• 7:20
  family
• 7:20
  make
• 7:21
  it
• 7:22
  past
• 7:22
  age
• 7:22
  X.
• 7:24
  In
• 7:24
  my
• 7:24
  analysis,
• 7:25
  basically
• 7:25
  it
• 7:25
  works
• 7:26
  out
• 7:26
  to
• 7:26
  be
• 7:26
  if
• 7:26
  you
• 7:26
  wait
• 7:27
  till
• 7:27
  age
• 7:27
  70,
• 7:28
  you
• 7:28
  basically
• 7:29
  have
• 7:29
  to
• 7:29
  live
• 7:29
  to
• 7:29
  be
• 7:30
  about
• 7:30
  83
• 7:30
  years
• 7:31
  old
• 7:31
  in
• 7:31
  order
• 7:31
  to
• 7:31
  make
• 7:31
  this
• 7:31
  break
• 7:32
  even.
• 7:34
  In
• 7:34
  general,
• 7:34
  waiting
• 7:35
  usually
• 7:35
  wins.
• 7:36
  If
• 7:36
  you
• 7:36
  have
• 7:36
  a
• 7:36
  Longevity.
• 7:37
  Like,
• 7:37
  I've
• 7:37
  met
• 7:37
  with
• 7:37
  clients
• 7:38
  who
• 7:38
  said,
• 7:38
  hey,
• 7:38
  man,
• 7:39
  everybody
• 7:39
  in
• 7:39
  my
• 7:39
  family
• 7:40
  lives
• 7:40
  to
• 7:40
  be
• 7:41
  95
• 7:41
  years
• 7:41
  old.
• 7:42
  I
• 7:43
  say
• 7:43
  to
• 7:43
  them
• 7:43
  right
• 7:43
  away,
• 7:44
  wait,
• 7:45
  especially
• 7:45
  if
• 7:45
  you
• 7:46
  don't
• 7:46
  need
• 7:46
  the
• 7:46
  money
• 7:46
  right
• 7:47
  now.
• 7:47
  But
• 7:48
  if
• 7:48
  I
• 7:48
  have
• 7:48
  a
• 7:48
  client
• 7:48
  that
• 7:48
  comes
• 7:48
  in
• 7:49
  and
• 7:49
  says,
• 7:49
  dude,
• 7:49
  I'm
• 7:49
  the
• 7:50
  oldest
• 7:50
  person
• 7:50
  in
• 7:50
  my
• 7:50
  family.
• 7:51
  I
• 7:51
  just
• 7:51
  hit
• 7:51
  66,
• 7:52
  I'm
• 7:53
  thinking,
• 7:53
  well,
• 7:53
  maybe
• 7:53
  it's
• 7:54
  a
• 7:54
  good
• 7:54
  idea
• 7:54
  to
• 7:54
  cash
• 7:54
  your
• 7:55
  chips
• 7:55
  in
• 7:55
  while
• 7:55
  you
• 7:55
  can.
• 7:56
  And
• 7:57
  if
• 7:57
  you've
• 7:57
  got
• 7:57
  health
• 7:57
  concerns,
• 7:58
  things
• 7:58
  that
• 7:58
  you
• 7:58
  already
• 7:59
  know
• 7:59
  are
• 7:59
  an
• 7:59
  issue,
• 8:01
  it's
• 8:01
  a
• 8:01
  different
• 8:01
  math
• 8:02
  equation.
• 8:03
  So
• 8:03
  that's
• 8:03
  really
• 8:03
  question
• 8:04
  number
• 8:04
  two.
• 8:05
  How
• 8:05
  long
• 8:05
  will
• 8:05
  you
• 8:06
  need
• 8:06
  it?
• 8:07
  Now,
• 8:07
  the
• 8:07
  piece
• 8:08
  we
• 8:08
  don't
• 8:08
  want
• 8:08
  to
• 8:08
  overlook.
• 8:09
  And
• 8:09
  as
• 8:09
  Mark
• 8:09
  brings
• 8:09
  this
• 8:10
  out
• 8:10
  in
• 8:10
  his
• 8:10
  article
• 8:10
  brilliantly,
• 8:12
  what
• 8:12
  does
• 8:12
  this
• 8:13
  do
• 8:13
  for
• 8:13
  your
• 8:13
  wife?
• 8:13
  You
• 8:14
  mentioned
• 8:14
  your
• 8:14
  wife
• 8:14
  is
• 8:14
  three
• 8:15
  years
• 8:15
  younger
• 8:15
  than
• 8:15
  you.
• 8:16
  And
• 8:16
  this
• 8:16
  is
• 8:17
  one
• 8:17
  of
• 8:17
  the
• 8:17
  questions
• 8:17
  that
• 8:17
  a
• 8:18
  lot
• 8:18
  of
• 8:18
  couples
• 8:18
  miss.
• 8:20
  Your
• 8:20
  wife
• 8:21
  being
• 8:21
  three
• 8:21
  years
• 8:21
  younger
• 8:21
  than
• 8:22
  you.
• 8:22
  Thing
• 8:22
  you
• 8:22
  need
• 8:22
  to
• 8:23
  understand
• 8:23
  is
• 8:24
  the
• 8:24
  survivor
• 8:25
  of
• 8:25
  your
• 8:25
  relationship,
• 8:26
  the
• 8:27
  survivor
• 8:27
  on
• 8:27
  Social
• 8:27
  Security,
• 8:28
  keeps
• 8:29
  the
• 8:29
  higher
• 8:29
  of
• 8:29
  the
• 8:30
  two
• 8:30
  benefits.
• 8:32
  So
• 8:32
  a
• 8:32
  lot
• 8:32
  of
• 8:32
  folks
• 8:33
  will
• 8:33
  do
• 8:33
  this.
• 8:34
  If
• 8:34
  you
• 8:35
  claim
• 8:35
  early
• 8:36
  as
• 8:36
  the
• 8:36
  higher
• 8:36
  earner
• 8:38
  and
• 8:39
  that
• 8:39
  smaller
• 8:39
  check
• 8:39
  is
• 8:40
  hers,
• 8:41
  she's
• 8:41
  going
• 8:41
  to
• 8:41
  get
• 8:41
  your
• 8:42
  benefits
• 8:42
  when
• 8:42
  you
• 8:42
  pass
• 8:43
  away.
• 8:43
  So
• 8:43
  the
• 8:43
  likelihood
• 8:44
  of
• 8:44
  you
• 8:44
  outliving
• 8:44
  your
• 8:45
  wife
• 8:45
  with
• 8:45
  her
• 8:45
  being
• 8:45
  three
• 8:46
  years
• 8:46
  older
• 8:46
  than
• 8:46
  you,
• 8:47
  or,
• 8:47
  excuse
• 8:47
  me,
• 8:47
  three
• 8:48
  years
• 8:48
  younger
• 8:48
  than
• 8:48
  you,
• 8:49
  it's
• 8:49
  most
• 8:49
  likely
• 8:50
  you're
• 8:50
  going
• 8:50
  to
• 8:50
  outlive
• 8:50
  her.
• 8:51
  Well,
• 8:52
  if
• 8:52
  you
• 8:52
  wait
• 8:52
  to
• 8:53
  claim
• 8:53
  your
• 8:53
  benefits
• 8:54
  till
• 8:54
  age
• 8:55
  69
• 8:55
  or
• 8:56
  70,
• 8:57
  when
• 8:57
  you
• 8:57
  do
• 8:57
  pass
• 8:58
  away,
• 8:59
  she's
• 8:59
  going
• 8:59
  to
• 8:59
  get
• 8:59
  higher
• 9:00
  earnings
• 9:01
  and
• 9:01
  she's
• 9:01
  going
• 9:02
  to
• 9:02
  get
• 9:02
  higher
• 9:02
  earnings
• 9:02
  for
• 9:02
  decades
• 9:03
  if
• 9:03
  she
• 9:03
  outlives
• 9:04
  you
• 9:04
  by
• 9:04
  a
• 9:04
  lot.
• 9:05
  Mark
• 9:05
  put
• 9:06
  this
• 9:06
  in
• 9:06
  the
• 9:06
  article.
• 9:06
  It
• 9:06
  says,
• 9:07
  if
• 9:07
  you
• 9:07
  were
• 9:07
  the
• 9:08
  higher
• 9:08
  earner,
• 9:09
  it
• 9:09
  might
• 9:09
  make
• 9:09
  sense
• 9:10
  to
• 9:10
  delay
• 9:10
  claiming
• 9:10
  benefits
• 9:11
  for
• 9:11
  as
• 9:11
  long
• 9:11
  as
• 9:12
  possible.
• 9:12
  And
• 9:12
  I
• 9:13
  recommend
• 9:13
  this
• 9:13
  to
• 9:13
  clients
• 9:14
  all
• 9:14
  the
• 9:14
  time.
• 9:15
  If
• 9:15
  I
• 9:15
  have
• 9:15
  a
• 9:15
  husband
• 9:15
  and
• 9:16
  wife
• 9:16
  to
• 9:16
  come
• 9:16
  in
• 9:16
  and
• 9:16
  meet
• 9:16
  with
• 9:16
  me
• 9:17
  and
• 9:17
  they
• 9:17
  say,
• 9:17
  ralph,
• 9:17
  what
• 9:18
  do
• 9:18
  we
• 9:18
  do
• 9:18
  about
• 9:18
  Social
• 9:18
  Security?
• 9:19
  And
• 9:19
  I'll
• 9:20
  say
• 9:20
  to
• 9:20
  them,
• 9:20
  well,
• 9:20
  let's
• 9:20
  talk
• 9:20
  about
• 9:21
  your
• 9:21
  ages.
• 9:21
  And
• 9:21
  let's
• 9:22
  just
• 9:22
  say
• 9:22
  I
• 9:22
  have
• 9:22
  a
• 9:22
  client
• 9:22
  whose
• 9:23
  husband
• 9:23
  is
• 9:23
  10
• 9:24
  years
• 9:24
  older
• 9:24
  than
• 9:24
  that
• 9:25
  person.
• 9:26
  To
• 9:26
  me,
• 9:26
  if
• 9:26
  they
• 9:26
  can
• 9:27
  wait
• 9:27
  till
• 9:27
  age
• 9:27
  70,
• 9:28
  it's
• 9:28
  definitely
• 9:28
  the
• 9:29
  better
• 9:29
  choice,
• 9:30
  especially
• 9:30
  if
• 9:30
  they're
• 9:31
  the
• 9:31
  higher
• 9:31
  wage
• 9:31
  earner.
• 9:32
  Now,
• 9:32
  again,
• 9:32
  all
• 9:32
  of
• 9:33
  these
• 9:33
  things
• 9:33
  depend
• 9:33
  on
• 9:34
  the
• 9:34
  situation.
• 9:35
  So
• 9:35
  the
• 9:35
  common
• 9:36
  play
• 9:36
  that
• 9:36
  Mark
• 9:36
  talks
• 9:37
  about
• 9:37
  in
• 9:37
  his
• 9:37
  article
• 9:37
  here
• 9:37
  in
• 9:37
  Money
• 9:38
  magazine
• 9:39
  is
• 9:39
  higher
• 9:40
  earner
• 9:40
  delays
• 9:41
  the
• 9:41
  lower
• 9:41
  earner
• 9:42
  claims
• 9:42
  early.
• 9:43
  You
• 9:43
  understand
• 9:43
  what
• 9:43
  I'm
• 9:44
  saying
• 9:44
  there?
• 9:44
  So
• 9:44
  if
• 9:45
  you're
• 9:45
  the
• 9:45
  higher
• 9:45
  earner
• 9:46
  of
• 9:46
  the
• 9:46
  two,
• 9:47
  wait
• 9:47
  to
• 9:48
  claim
• 9:48
  your
• 9:48
  benefits
• 9:49
  till
• 9:49
  later.
• 9:50
  If
• 9:50
  you're
• 9:50
  the
• 9:50
  lower
• 9:50
  one,
• 9:51
  you
• 9:51
  can
• 9:51
  claim
• 9:51
  it
• 9:52
  now
• 9:52
  because
• 9:52
  you're
• 9:52
  going
• 9:53
  to
• 9:53
  get
• 9:53
  the
• 9:53
  higher
• 9:53
  benefit
• 9:54
  down
• 9:54
  the
• 9:54
  road.
• 9:55
  But
• 9:55
  that
• 9:56
  survivor
• 9:56
  benefit
• 9:57
  is
• 9:57
  the
• 9:57
  number
• 9:57
  that
• 9:57
  nobody
• 9:58
  seems
• 9:58
  to
• 9:58
  run
• 9:58
  in
• 9:58
  the
• 9:59
  calculations.
• 10:00
  In
• 10:01
  the
• 10:01
  end,
• 10:01
  you
• 10:01
  just
• 10:01
  need
• 10:01
  to
• 10:02
  have
• 10:02
  confidence
• 10:02
  in
• 10:02
  making
• 10:03
  a
• 10:03
  choice.
• 10:03
  You
• 10:03
  can
• 10:03
  explain
• 10:04
  to
• 10:04
  yourself
• 10:05
  there's
• 10:06
  no
• 10:06
  shame
• 10:06
  in
• 10:06
  any
• 10:06
  of
• 10:07
  these
• 10:07
  decisions.
• 10:07
  Sometimes
• 10:08
  clients
• 10:08
  will
• 10:08
  say
• 10:08
  to
• 10:08
  me,
• 10:08
  ralph,
• 10:09
  I
• 10:09
  came
• 10:09
  in
• 10:09
  and
• 10:09
  met
• 10:10
  with
• 10:10
  you,
• 10:10
  and
• 10:10
  you
• 10:10
  told
• 10:11
  me
• 10:11
  to
• 10:11
  wait
• 10:11
  till
• 10:11
  age
• 10:12
  70.
• 10:12
  But,
• 10:12
  but,
• 10:13
  dude,
• 10:13
  I'm
• 10:13
  taking
• 10:13
  it
• 10:13
  at
• 10:14
  68,
• 10:14
  and
• 10:15
  they
• 10:15
  feel
• 10:15
  like
• 10:15
  I'm
• 10:15
  going
• 10:16
  to
• 10:16
  shame
• 10:16
  them.
• 10:16
  Not
• 10:16
  at
• 10:16
  all.
• 10:17
  That's
• 10:17
  your
• 10:17
  decision.
• 10:18
  You've
• 10:18
  got
• 10:18
  to
• 10:18
  do
• 10:19
  what
• 10:19
  works
• 10:19
  best
• 10:19
  for
• 10:20
  your
• 10:20
  particular
• 10:20
  situation.
• 10:22
  So,
• 10:23
  I
• 10:23
  mean,
• 10:23
  like
• 10:23
  I
• 10:23
  said,
• 10:23
  this
• 10:24
  is
• 10:24
  a
• 10:24
  great
• 10:24
  question,
• 10:24
  and
• 10:25
  it's
• 10:25
  a
• 10:25
  question
• 10:25
  we
• 10:25
  get
• 10:25
  all
• 10:25
  the
• 10:26
  time.
• 10:26
  And
• 10:26
  it
• 10:26
  really
• 10:26
  comes
• 10:27
  down
• 10:27
  to,
• 10:27
  are
• 10:27
  we
• 10:28
  going
• 10:28
  to
• 10:28
  follow
• 10:29
  everyone
• 10:29
  else?
• 10:30
  Are
• 10:30
  we
• 10:30
  going
• 10:30
  to
• 10:30
  chart
• 10:31
  our
• 10:31
  own
• 10:31
  course
• 10:31
  and
• 10:31
  do
• 10:32
  our
• 10:32
  own
• 10:32
  thing?
• 10:33
  But
• 10:33
  what
• 10:34
  are
• 10:34
  you
• 10:34
  planning
• 10:34
  to
• 10:34
  claim
• 10:34
  yourself?
• 10:36
  Did
• 10:36
  you
• 10:36
  run
• 10:36
  the
• 10:37
  math
• 10:37
  or
• 10:38
  you
• 10:38
  fall
• 10:38
  in
• 10:38
  the
• 10:38
  crowd?
• 10:39
  I
• 10:40
  would
• 10:40
  love
• 10:40
  for
• 10:40
  you
• 10:40
  to
• 10:40
  comment.
• 10:41
  If
• 10:41
  you're
• 10:41
  able
• 10:41
  to
• 10:41
  comment,
• 10:42
  you
• 10:42
  can
• 10:42
  put
• 10:42
  it
• 10:42
  right
• 10:42
  in
• 10:43
  the.
• 10:43
  In
• 10:43
  the
• 10:43
  chat
• 10:44
  there
• 10:44
  as
• 10:44
  you're
• 10:44
  watching
• 10:44
  this
• 10:45
  replay
• 10:45
  on
• 10:45
  YouTube.
• 10:46
  But
• 10:46
  what
• 10:46
  are
• 10:46
  you
• 10:46
  planning
• 10:47
  to
• 10:47
  do?
• 10:48
  All
• 10:48
  right,
• 10:49
  well,
• 10:49
  let's
• 10:49
  get
• 10:49
  to
• 10:49
  our
• 10:50
  second
• 10:50
  question.
• 10:51
  Second
• 10:52
  question
• 10:52
  is
• 10:52
  all
• 10:52
  about
• 10:53
  debt
• 10:53
  collectors.
• 10:54
  And
• 10:54
  this
• 10:54
  one,
• 10:54
  when
• 10:55
  we
• 10:55
  read
• 10:55
  this
• 10:55
  one,
• 10:56
  my
• 10:56
  assistant
• 10:57
  and
• 10:57
  I,
• 10:57
  we
• 10:57
  went
• 10:57
  through
• 10:57
  it.
• 10:57
  I
• 10:57
  was
• 10:57
  like,
• 10:57
  this
• 10:58
  is,
• 10:58
  this
• 10:58
  is
• 10:58
  an
• 10:59
  amazing
• 10:59
  question,
• 11:00
  but
• 11:00
  let's
• 11:00
  get
• 11:00
  right
• 11:00
  to
• 11:01
  our
• 11:01
  second
• 11:01
  question.
• 11:02
  And
• 11:02
  this
• 11:02
  one
• 11:02
  says
• 11:03
  this.
• 11:03
  Dear
• 11:03
  Ralph,
• 11:04
  about
• 11:04
  four
• 11:05
  months
• 11:05
  ago,
• 11:05
  I
• 11:05
  started
• 11:06
  getting
• 11:06
  calls
• 11:06
  from
• 11:06
  a
• 11:07
  debt
• 11:07
  collection
• 11:07
  company
• 11:08
  about
• 11:08
  a
• 11:08
  medical
• 11:08
  bill
• 11:09
  from
• 11:09
  2023.
• 11:10
  Now,
• 11:10
  if
• 11:10
  you're
• 11:11
  watching
• 11:11
  this,
• 11:11
  I'm
• 11:12
  recording
• 11:12
  this
• 11:13
  in
• 11:13
  June
• 11:13
  of
• 11:14
  2026,
• 11:14
  just
• 11:14
  to
• 11:15
  give
• 11:15
  some
• 11:15
  context.
• 11:16
  So
• 11:16
  she
• 11:16
  started
• 11:16
  getting
• 11:17
  these
• 11:17
  medical
• 11:17
  bills
• 11:18
  from
• 11:18
  2023.
• 11:20
  Next
• 11:20
  thing
• 11:20
  she
• 11:20
  says
• 11:21
  is,
• 11:21
  I
• 11:21
  paid
• 11:21
  part
• 11:21
  of
• 11:21
  the
• 11:21
  bill
• 11:22
  at
• 11:22
  the
• 11:22
  time,
• 11:22
  and
• 11:23
  I'm
• 11:23
  not
• 11:23
  sure
• 11:23
  the
• 11:23
  rest
• 11:23
  is
• 11:24
  even
• 11:24
  mine.
• 11:24
  I'm
• 11:24
  going
• 11:24
  to
• 11:25
  pause
• 11:25
  there
• 11:25
  for
• 11:25
  a
• 11:25
  second.
• 11:26
  Why
• 11:27
  would
• 11:27
  you
• 11:27
  pay
• 11:27
  part
• 11:28
  of
• 11:28
  the
• 11:28
  bill
• 11:29
  and
• 11:29
  then
• 11:29
  assume
• 11:29
  the
• 11:29
  rest
• 11:30
  isn't
• 11:30
  yours?
• 11:30
  That's
• 11:31
  something
• 11:31
  we
• 11:31
  can
• 11:31
  talk
• 11:31
  about
• 11:32
  later.
• 11:32
  But
• 11:32
  I'm
• 11:33
  a
• 11:33
  little
• 11:33
  confused
• 11:33
  by
• 11:34
  that
• 11:34
  comment.
• 11:36
  And
• 11:36
  then
• 11:36
  they
• 11:36
  say
• 11:37
  this.
• 11:37
  When
• 11:37
  I
• 11:38
  try
• 11:38
  to
• 11:38
  explain
• 11:38
  that,
• 11:39
  they
• 11:39
  don't
• 11:39
  listen.
• 11:40
  Now
• 11:40
  she's
• 11:40
  talking
• 11:40
  about
• 11:41
  the
• 11:41
  debt
• 11:41
  collector.
• 11:42
  They
• 11:42
  just
• 11:42
  keep
• 11:42
  calling.
• 11:43
  The
• 11:44
  calls
• 11:44
  have
• 11:44
  even
• 11:44
  started
• 11:44
  coming
• 11:45
  to
• 11:45
  my
• 11:45
  work
• 11:45
  number.
• 11:46
  I
• 11:47
  feel
• 11:47
  like
• 11:47
  I'm
• 11:47
  being
• 11:47
  harassed.
• 11:49
  A
• 11:49
  friend
• 11:49
  told
• 11:49
  me
• 11:49
  the
• 11:50
  debt
• 11:50
  collection
• 11:50
  complaints
• 11:51
  are
• 11:51
  way
• 11:51
  up
• 11:51
  right
• 11:52
  now,
• 11:52
  and
• 11:53
  a
• 11:53
  lot
• 11:53
  of
• 11:53
  people
• 11:53
  are
• 11:53
  in
• 11:53
  situations
• 11:54
  like
• 11:54
  me.
• 11:55
  Is
• 11:56
  that
• 11:56
  true?
• 11:57
  And
• 11:57
  what
• 11:57
  are
• 11:57
  my
• 11:57
  rights
• 11:58
  Here,
• 11:59
  what
• 11:59
  do
• 11:59
  I
• 11:59
  do
• 12:00
  to
• 12:00
  make
• 12:00
  this
• 12:00
  stop?
• 12:01
  And
• 12:02
  she
• 12:02
  ends
• 12:02
  it
• 12:02
  with,
• 12:02
  thank
• 12:03
  you,
• 12:03
  Ralph.
• 12:04
  Well,
• 12:04
  here's
• 12:05
  the
• 12:05
  thing.
• 12:05
  I'm
• 12:05
  going
• 12:05
  to
• 12:05
  say,
• 12:06
  number
• 12:06
  one,
• 12:08
  your
• 12:08
  friend
• 12:08
  is
• 12:08
  right.
• 12:09
  You're
• 12:10
  not
• 12:10
  the
• 12:10
  only
• 12:10
  one
• 12:10
  going
• 12:10
  through
• 12:11
  this.
• 12:11
  I
• 12:11
  see
• 12:11
  a
• 12:11
  lot
• 12:12
  of
• 12:12
  this
• 12:12
  every
• 12:12
  day.
• 12:12
  I
• 12:13
  used
• 12:13
  to
• 12:13
  work
• 12:13
  in
• 12:13
  the
• 12:13
  credit
• 12:13
  union
• 12:14
  industry.
• 12:14
  We
• 12:14
  used
• 12:14
  to
• 12:14
  see
• 12:15
  this
• 12:15
  all
• 12:15
  the
• 12:15
  time.
• 12:16
  And
• 12:16
  we
• 12:17
  found
• 12:17
  this
• 12:17
  article.
• 12:17
  Now,
• 12:17
  this
• 12:18
  article
• 12:18
  is
• 12:18
  from
• 12:19
  last
• 12:19
  fall
• 12:19
  2025.
• 12:20
  So
• 12:20
  it's
• 12:20
  a
• 12:20
  little
• 12:20
  bit
• 12:21
  dated,
• 12:21
  but
• 12:21
  I
• 12:21
  think
• 12:21
  the
• 12:21
  data
• 12:22
  here
• 12:22
  is
• 12:22
  really
• 12:22
  strong.
• 12:23
  It's
• 12:23
  from
• 12:23
  USA
• 12:24
  Today.
• 12:25
  And
• 12:25
  these
• 12:26
  numbers
• 12:26
  are
• 12:26
  hard
• 12:26
  to
• 12:26
  look
• 12:27
  at.
• 12:27
  I'm
• 12:27
  going
• 12:27
  to
• 12:27
  throw
• 12:27
  some
• 12:27
  numbers
• 12:28
  at
• 12:28
  you
• 12:28
  because
• 12:28
  when
• 12:28
  I
• 12:28
  read
• 12:28
  these,
• 12:28
  like,
• 12:29
  wow,
• 12:29
  this
• 12:29
  is
• 12:29
  amazing.
• 12:30
  Let's
• 12:31
  start
• 12:31
  with
• 12:31
  household
• 12:31
  debt.
• 12:32
  The
• 12:32
  debt
• 12:33
  held
• 12:33
  by
• 12:33
  individuals
• 12:34
  in
• 12:34
  households,
• 12:36
  $18.4
• 12:37
  trillion.
• 12:38
  Now
• 12:39
  this,
• 12:39
  like
• 12:39
  I
• 12:39
  said,
• 12:39
  this
• 12:39
  is
• 12:40
  in
• 12:40
  fall
• 12:40
  of
• 12:40
  2025,
• 12:42
  which.
• 12:42
  That's
• 12:42
  a
• 12:42
  big
• 12:42
  number.
• 12:43
  But
• 12:43
  listen
• 12:43
  to
• 12:43
  this.
• 12:43
  Here's
• 12:44
  the
• 12:44
  scary
• 12:44
  part.
• 12:45
  That's
• 12:45
  up
• 12:46
  from
• 12:46
  $14.3
• 12:47
  trillion
• 12:48
  in
• 12:48
  2020.
• 12:49
  So
• 12:50
  in
• 12:50
  five
• 12:50
  years,
• 12:51
  debt
• 12:52
  has
• 12:52
  increased
• 12:53
  by
• 12:53
  4.
• 12:53
  I'm
• 12:53
  going
• 12:53
  to
• 12:53
  do
• 12:54
  the
• 12:54
  math
• 12:54
  for
• 12:54
  you
• 12:54
  because
• 12:54
  I'm
• 12:54
  pretty
• 12:55
  good
• 12:55
  at
• 12:55
  this.
• 12:56
  It
• 12:56
  increased
• 12:56
  by
• 12:57
  $4.1
• 12:58
  trillion.
• 12:58
  Trillion's
• 12:59
  a
• 12:59
  big
• 12:59
  number.
• 12:59
  There's
• 13:00
  a
• 13:00
  lot
• 13:00
  of
• 13:00
  zeros
• 13:00
  behind
• 13:01
  that.
• 13:02
  That's
• 13:02
  a
• 13:02
  big
• 13:02
  number.
• 13:03
  At
• 13:04
  the
• 13:04
  same
• 13:04
  time,
• 13:04
  credit
• 13:04
  card
• 13:05
  debt
• 13:06
  is
• 13:06
  now
• 13:06
  past
• 13:07
  $1.2
• 13:08
  trillion.
• 13:09
  So
• 13:09
  you
• 13:10
  understand
• 13:10
  the
• 13:10
  burden
• 13:10
  that's
• 13:11
  being
• 13:11
  carried.
• 13:11
  You
• 13:11
  understand
• 13:12
  this
• 13:12
  mountain
• 13:12
  of
• 13:13
  debt
• 13:13
  that's
• 13:13
  out
• 13:13
  there.
• 13:15
  That's
• 13:15
  one
• 13:15
  side
• 13:15
  of
• 13:16
  the
• 13:16
  equation.
• 13:16
  But
• 13:16
  here's
• 13:16
  the
• 13:16
  scarier
• 13:17
  part.
• 13:18
  Delinquencies
• 13:19
  in
• 13:19
  fall
• 13:19
  2025
• 13:20
  were
• 13:21
  the
• 13:21
  highest
• 13:21
  since
• 13:22
  2012.
• 13:24
  Delinquency,
• 13:25
  meaning
• 13:25
  people
• 13:25
  aren't
• 13:26
  paying
• 13:26
  their
• 13:26
  debts.
• 13:27
  Another
• 13:28
  scary
• 13:28
  thing.
• 13:28
  So
• 13:28
  debts
• 13:29
  at
• 13:29
  the
• 13:29
  highest
• 13:29
  level
• 13:29
  and
• 13:30
  delinquencies
• 13:30
  at
• 13:30
  the
• 13:31
  highest
• 13:31
  level,
• 13:31
  we're
• 13:31
  tracking
• 13:31
  in
• 13:31
  the
• 13:32
  wrong
• 13:32
  direction.
• 13:33
  Listen
• 13:34
  to
• 13:34
  this.
• 13:35
  FTC
• 13:35
  complaints,
• 13:36
  Federal
• 13:36
  Trade
• 13:37
  Commission
• 13:38
  were
• 13:38
  more
• 13:38
  than
• 13:38
  140,000
• 13:40
  complaints
• 13:41
  in
• 13:41
  one
• 13:41
  quarter,
• 13:43
  and
• 13:43
  that's
• 13:43
  up
• 13:43
  from
• 13:43
  44,000
• 13:44
  a
• 13:44
  year
• 13:45
  earlier.
• 13:45
  Tripled
• 13:46
  them.
• 13:47
  The
• 13:47
  top
• 13:47
  complaint,
• 13:49
  debts
• 13:49
  that
• 13:49
  weren't
• 13:50
  actually
• 13:50
  owed,
• 13:51
  of
• 13:51
  those,
• 13:52
  40%
• 13:53
  said
• 13:53
  that
• 13:54
  this
• 13:54
  debt
• 13:54
  is
• 13:54
  not
• 13:55
  something
• 13:55
  I
• 13:55
  owe.
• 13:56
  And
• 13:56
  that's
• 13:57
  your
• 13:57
  exact
• 13:57
  situation.
• 13:58
  Again,
• 13:58
  I
• 13:58
  don't
• 13:58
  understand
• 13:59
  why
• 13:59
  you
• 13:59
  paid
• 13:59
  some
• 14:00
  of
• 14:00
  it.
• 14:00
  Maybe
• 14:00
  they
• 14:00
  were
• 14:01
  pressuring
• 14:01
  you.
• 14:01
  Like,
• 14:01
  I'm
• 14:01
  just
• 14:01
  going
• 14:02
  to
• 14:02
  get
• 14:02
  rid
• 14:02
  of
• 14:02
  them.
• 14:02
  Rabbit
• 14:02
  is
• 14:02
  going
• 14:03
  to
• 14:03
  be
• 14:03
  done
• 14:03
  with
• 14:03
  them.
• 14:03
  I
• 14:04
  wouldn't
• 14:04
  have
• 14:04
  paid
• 14:04
  any
• 14:04
  of
• 14:04
  it.
• 14:05
  And
• 14:06
  Thomas
• 14:06
  Nietzsche
• 14:07
  in
• 14:07
  this
• 14:07
  article,
• 14:07
  Money
• 14:08
  Management
• 14:08
  International
• 14:09
  is
• 14:09
  where
• 14:09
  he's
• 14:09
  from,
• 14:10
  via
• 14:10
  USA
• 14:11
  Today,
• 14:11
  said,
• 14:11
  I
• 14:12
  think
• 14:12
  we're
• 14:12
  just
• 14:12
  seeing
• 14:12
  more
• 14:12
  people
• 14:13
  fall
• 14:13
  into
• 14:13
  debt
• 14:14
  and
• 14:14
  that
• 14:14
  struggling
• 14:15
  with
• 14:15
  collections.
• 14:16
  Well,
• 14:16
  that's
• 14:17
  pretty
• 14:17
  obvious
• 14:17
  when
• 14:17
  you
• 14:17
  look
• 14:18
  at
• 14:18
  the
• 14:18
  number
• 14:18
  of
• 14:18
  debt
• 14:19
  being
• 14:19
  the
• 14:19
  highest
• 14:19
  it's
• 14:19
  ever
• 14:19
  been.
• 14:20
  Delinquency
• 14:21
  rates
• 14:21
  are
• 14:21
  high.
• 14:22
  The
• 14:22
  economy's
• 14:24
  tough
• 14:24
  for
• 14:24
  some
• 14:24
  people.
• 14:26
  Thomas
• 14:26
  is
• 14:26
  right.
• 14:27
  We're
• 14:27
  seeing
• 14:27
  more
• 14:28
  people
• 14:28
  fall
• 14:28
  into
• 14:28
  debt
• 14:29
  and
• 14:29
  as
• 14:29
  they
• 14:30
  get
• 14:30
  into
• 14:30
  debt
• 14:30
  is
• 14:30
  getting
• 14:31
  bigger
• 14:31
  and
• 14:31
  bigger
• 14:31
  and
• 14:31
  bigger
• 14:32
  and
• 14:32
  they're
• 14:32
  struggling
• 14:32
  collections.
• 14:34
  But
• 14:34
  now
• 14:34
  let's
• 14:35
  talk
• 14:35
  about
• 14:35
  why
• 14:35
  collectors
• 14:35
  are
• 14:36
  pushing
• 14:36
  so
• 14:36
  much
• 14:36
  harder.
• 14:37
  Because
• 14:38
  a
• 14:38
  lot
• 14:38
  of
• 14:38
  people
• 14:38
  don't
• 14:38
  understand
• 14:39
  this
• 14:39
  part.
• 14:40
  Old
• 14:41
  debts
• 14:42
  get
• 14:42
  sold
• 14:42
  for
• 14:43
  pennies
• 14:43
  on
• 14:43
  the
• 14:43
  dollar.
• 14:44
  Now
• 14:44
  you
• 14:44
  might
• 14:44
  be
• 14:44
  saying,
• 14:44
  Ralph,
• 14:44
  what
• 14:45
  are
• 14:45
  you
• 14:45
  talking
• 14:45
  about?
• 14:45
  Let
• 14:46
  me
• 14:46
  give
• 14:46
  you
• 14:46
  an
• 14:46
  example.
• 14:47
  Let's
• 14:47
  say
• 14:48
  you
• 14:48
  have
• 14:48
  a
• 14:48
  debt
• 14:49
  with
• 14:49
  a
• 14:49
  lender
• 14:50
  and
• 14:50
  you're
• 14:50
  not
• 14:50
  paying
• 14:50
  them
• 14:51
  because
• 14:51
  who
• 14:51
  knows
• 14:51
  why?
• 14:52
  You're
• 14:52
  just
• 14:52
  not
• 14:52
  paying
• 14:52
  them.
• 14:53
  A
• 14:53
  lot
• 14:54
  of
• 14:54
  lenders
• 14:54
  now
• 14:55
  will
• 14:55
  sell
• 14:55
  those
• 14:56
  debts
• 14:57
  for
• 14:57
  pennies
• 14:58
  on
• 14:58
  the
• 14:58
  dollar
• 14:58
  to
• 14:58
  somebody
• 14:59
  else
• 15:00
  because
• 15:00
  it's
• 15:00
  just
• 15:01
  worth
• 15:01
  it
• 15:01
  to
• 15:01
  them
• 15:01
  to
• 15:01
  be
• 15:01
  done
• 15:02
  with
• 15:02
  it.
• 15:02
  There's
• 15:03
  so
• 15:03
  many
• 15:03
  loans
• 15:03
  that
• 15:04
  aren't
• 15:04
  performing
• 15:04
  in
• 15:04
  their
• 15:04
  portfolio
• 15:05
  to
• 15:05
  say,
• 15:05
  you
• 15:05
  know
• 15:05
  what,
• 15:06
  I'm
• 15:06
  just
• 15:06
  going
• 15:06
  to
• 15:06
  sell
• 15:06
  these
• 15:06
  things
• 15:07
  and
• 15:07
  that's
• 15:07
  what
• 15:08
  they
• 15:08
  do.
• 15:09
  But
• 15:09
  here's
• 15:09
  the
• 15:10
  problem
• 15:10
  with
• 15:10
  that.
• 15:10
  If
• 15:10
  you
• 15:10
  think
• 15:10
  about
• 15:11
  it,
• 15:11
  that
• 15:12
  buyer,
• 15:13
  that
• 15:13
  debt
• 15:13
  collector
• 15:15
  has
• 15:15
  paid
• 15:15
  for
• 15:15
  these
• 15:16
  debts.
• 15:16
  Now
• 15:16
  maybe
• 15:16
  they
• 15:17
  only
• 15:17
  pay
• 15:17
  pens
• 15:17
  on
• 15:17
  a
• 15:17
  dollar,
• 15:18
  but
• 15:18
  guess
• 15:18
  what?
• 15:19
  They're
• 15:19
  going
• 15:19
  to
• 15:19
  push
• 15:19
  harder
• 15:20
  than
• 15:20
  the
• 15:20
  original
• 15:20
  creditor.
• 15:21
  The
• 15:21
  original
• 15:22
  creditor
• 15:22
  gave
• 15:22
  up
• 15:22
  on
• 15:23
  you
• 15:23
  a
• 15:23
  long
• 15:23
  time
• 15:23
  ago.
• 15:24
  But
• 15:24
  this
• 15:25
  new
• 15:25
  debt
• 15:25
  collection
• 15:26
  company
• 15:26
  is
• 15:27
  going
• 15:27
  to
• 15:27
  push
• 15:28
  super
• 15:28
  hard.
• 15:29
  And
• 15:30
  also
• 15:30
  I'm
• 15:30
  going
• 15:30
  to
• 15:30
  mention
• 15:31
  this,
• 15:31
  the
• 15:31
  cfpb,
• 15:32
  which
• 15:32
  I'll
• 15:32
  mention
• 15:32
  here
• 15:32
  in
• 15:33
  a
• 15:33
  second.
• 15:33
  I'll
• 15:33
  talk
• 15:33
  about
• 15:33
  exactly
• 15:34
  what
• 15:34
  that
• 15:34
  is,
• 15:35
  has
• 15:35
  been
• 15:35
  sidelined.
• 15:37
  Now
• 15:37
  here's
• 15:37
  a
• 15:37
  quote
• 15:38
  from
• 15:38
  Erin
• 15:38
  Witty.
• 15:38
  She's
• 15:39
  from
• 15:39
  the
• 15:39
  Consumer
• 15:39
  Federation
• 15:40
  of
• 15:40
  America
• 15:40
  again
• 15:41
  through
• 15:41
  USA
• 15:41
  Today.
• 15:42
  She
• 15:42
  says
• 15:43
  the
• 15:43
  messages
• 15:43
  that
• 15:43
  companies
• 15:44
  are
• 15:44
  getting
• 15:44
  is
• 15:45
  that
• 15:45
  there
• 15:45
  is
• 15:45
  no
• 15:46
  CFPB
• 15:47
  watching
• 15:48
  their
• 15:48
  conduct
• 15:48
  anymore.
• 15:49
  Now
• 15:49
  let's
• 15:50
  talk
• 15:50
  about
• 15:50
  what
• 15:50
  the
• 15:50
  CFPB
• 15:51
  is.
• 15:52
  The
• 15:52
  CFPB
• 15:53
  is
• 15:53
  the
• 15:53
  Consumer
• 15:54
  Financial
• 15:54
  Protection
• 15:55
  Bureau.
• 15:56
  That
• 15:56
  is
• 15:56
  an
• 15:56
  independent
• 15:57
  US
• 15:57
  Government
• 15:57
  agency
• 15:58
  that
• 15:58
  enforces
• 15:59
  federal
• 15:59
  laws
• 16:00
  protecting
• 16:00
  consumers
• 16:01
  in
• 16:01
  the
• 16:01
  financial
• 16:01
  sector.
• 16:02
  This
• 16:03
  was
• 16:03
  actually
• 16:03
  created
• 16:04
  back
• 16:04
  in
• 16:04
  2010
• 16:05
  by
• 16:05
  the
• 16:05
  Dodd
• 16:06
  Frank
• 16:06
  Act.
• 16:07
  And
• 16:07
  this
• 16:07
  is
• 16:07
  what
• 16:07
  it's
• 16:08
  supposed
• 16:08
  to
• 16:08
  do.
• 16:08
  It's
• 16:09
  supposed
• 16:09
  to
• 16:09
  ensure
• 16:10
  that
• 16:10
  banks,
• 16:11
  lenders
• 16:11
  and
• 16:11
  other
• 16:11
  financial
• 16:12
  companies
• 16:12
  treat
• 16:13
  you
• 16:13
  fairly
• 16:14
  and
• 16:14
  transparent.
• 16:14
  Transparently.
• 16:15
  That's
• 16:15
  what
• 16:15
  it's
• 16:15
  supposed
• 16:16
  to
• 16:16
  do.
• 16:17
  But
• 16:18
  if
• 16:18
  it's
• 16:18
  true
• 16:18
  that
• 16:19
  this
• 16:19
  is
• 16:19
  not
• 16:19
  being
• 16:19
  worked
• 16:20
  on,
• 16:20
  there's
• 16:20
  less
• 16:20
  oversight.
• 16:22
  So
• 16:22
  this
• 16:22
  is
• 16:22
  why
• 16:22
  you've
• 16:22
  got
• 16:23
  to
• 16:23
  have
• 16:23
  more
• 16:23
  knowledge
• 16:24
  than
• 16:24
  anything
• 16:24
  else.
• 16:25
  So
• 16:26
  let's
• 16:26
  get
• 16:26
  into
• 16:26
  your
• 16:27
  rights
• 16:27
  because
• 16:27
  you
• 16:28
  asked
• 16:28
  me
• 16:28
  a
• 16:28
  very
• 16:28
  specific
• 16:29
  question.
• 16:29
  I'm
• 16:30
  going
• 16:30
  to
• 16:30
  get
• 16:30
  right
• 16:30
  into
• 16:30
  your
• 16:31
  rights,
• 16:31
  here's
• 16:32
  the
• 16:32
  big
• 16:32
  one.
• 16:33
  Number
• 16:33
  one
• 16:33
  thing
• 16:33
  you
• 16:33
  can
• 16:34
  do,
• 16:34
  you
• 16:35
  can
• 16:35
  demand
• 16:35
  written
• 16:36
  verification
• 16:36
  of
• 16:36
  the
• 16:37
  debt.
• 16:37
  You
• 16:37
  might
• 16:37
  be
• 16:38
  saying,
• 16:38
  ralph,
• 16:38
  what
• 16:38
  does
• 16:38
  that
• 16:38
  look
• 16:39
  like?
• 16:39
  When
• 16:39
  that
• 16:40
  person
• 16:40
  calls
• 16:40
  you
• 16:40
  again,
• 16:41
  answer
• 16:42
  the
• 16:42
  phone,
• 16:42
  be
• 16:42
  polite
• 16:43
  about
• 16:43
  that
• 16:43
  and
• 16:44
  say,
• 16:44
  I
• 16:44
  want
• 16:45
  you
• 16:45
  to
• 16:45
  give
• 16:45
  me
• 16:45
  a
• 16:46
  written
• 16:46
  verification
• 16:47
  of
• 16:47
  the
• 16:47
  debt.
• 16:48
  If
• 16:48
  they
• 16:49
  bought
• 16:49
  this
• 16:49
  from
• 16:50
  somebody
• 16:50
  else,
• 16:50
  which
• 16:50
  is
• 16:51
  probably
• 16:51
  the
• 16:51
  case,
• 16:51
  if
• 16:51
  it
• 16:51
  was
• 16:52
  a
• 16:52
  collection
• 16:52
  company
• 16:52
  calling
• 16:53
  you,
• 16:53
  they're
• 16:54
  going
• 16:54
  to
• 16:54
  have
• 16:54
  to
• 16:54
  go
• 16:55
  back
• 16:55
  and
• 16:55
  get
• 16:55
  their
• 16:55
  records
• 16:56
  and
• 16:56
  verify
• 16:56
  that
• 16:57
  debt
• 16:57
  is
• 16:57
  accurate.
• 16:59
  But
• 16:59
  once
• 16:59
  you
• 16:59
  make
• 17:00
  that
• 17:00
  request
• 17:00
  in
• 17:00
  writing
• 17:01
  now,
• 17:01
  again,
• 17:01
  it
• 17:02
  can't
• 17:02
  be
• 17:02
  like,
• 17:02
  oh,
• 17:02
  I'm
• 17:02
  going
• 17:02
  to
• 17:02
  talk
• 17:02
  them
• 17:03
  over
• 17:03
  the
• 17:03
  phone.
• 17:04
  You
• 17:04
  got
• 17:04
  to
• 17:04
  ask
• 17:04
  them
• 17:05
  very
• 17:05
  clearly,
• 17:06
  how
• 17:06
  do
• 17:06
  I
• 17:06
  ask
• 17:07
  for
• 17:07
  verification
• 17:08
  of
• 17:08
  this?
• 17:09
  They
• 17:09
  should
• 17:09
  have
• 17:09
  a
• 17:09
  phone.
• 17:10
  They
• 17:10
  should
• 17:10
  have
• 17:10
  a
• 17:10
  way
• 17:10
  for
• 17:10
  you
• 17:11
  to
• 17:11
  send
• 17:11
  them
• 17:11
  an
• 17:11
  email,
• 17:12
  send
• 17:12
  them
• 17:12
  some
• 17:13
  kind
• 17:13
  of
• 17:13
  written
• 17:13
  confirmation.
• 17:15
  But
• 17:15
  once
• 17:15
  you
• 17:16
  request
• 17:16
  that
• 17:16
  in
• 17:17
  writing,
• 17:17
  they've
• 17:17
  got
• 17:18
  to
• 17:18
  stop
• 17:18
  collection
• 17:19
  activities
• 17:20
  completely
• 17:21
  until
• 17:21
  they
• 17:21
  prove
• 17:22
  that
• 17:22
  that
• 17:22
  debt
• 17:22
  is
• 17:22
  valid.
• 17:24
  You
• 17:24
  also
• 17:24
  can
• 17:24
  stop
• 17:25
  the
• 17:25
  work
• 17:25
  calls.
• 17:26
  That's
• 17:26
  a
• 17:26
  simple
• 17:26
  thing
• 17:26
  you
• 17:27
  got.
• 17:27
  Again,
• 17:27
  put
• 17:27
  it
• 17:27
  in
• 17:27
  writing.
• 17:28
  Do
• 17:29
  not
• 17:29
  call
• 17:29
  my
• 17:30
  work.
• 17:31
  They
• 17:31
  have
• 17:31
  no
• 17:31
  right
• 17:32
  to
• 17:32
  threaten
• 17:32
  you.
• 17:32
  They
• 17:33
  have
• 17:33
  no
• 17:33
  right
• 17:33
  to
• 17:33
  curse
• 17:34
  you.
• 17:34
  They
• 17:35
  have
• 17:35
  no
• 17:35
  right
• 17:35
  to
• 17:35
  pose
• 17:36
  as
• 17:36
  government
• 17:36
  officials.
• 17:37
  They.
• 17:37
  They
• 17:37
  have
• 17:38
  no
• 17:38
  right
• 17:38
  to
• 17:38
  inflate
• 17:38
  what
• 17:39
  you
• 17:39
  owe.
• 17:40
  So
• 17:41
  your
• 17:41
  action
• 17:41
  plan
• 17:42
  needs
• 17:42
  to
• 17:42
  be
• 17:42
  this
• 17:43
  number
• 17:43
  one
• 17:43
  thing.
• 17:44
  You've
• 17:44
  got
• 17:44
  to
• 17:44
  do
• 17:45
  a
• 17:45
  written
• 17:45
  request.
• 17:46
  I
• 17:46
  would
• 17:46
  send
• 17:47
  that
• 17:47
  written
• 17:47
  request
• 17:48
  certified
• 17:48
  mail
• 17:49
  with
• 17:49
  return
• 17:49
  receipt
• 17:50
  request.
• 17:50
  A
• 17:50
  lot
• 17:50
  of
• 17:50
  people
• 17:51
  have
• 17:51
  no
• 17:51
  idea
• 17:51
  what
• 17:51
  I'm
• 17:51
  talking
• 17:52
  about.
• 17:52
  That.
• 17:52
  Let
• 17:52
  me
• 17:52
  explain.
• 17:53
  You
• 17:54
  send
• 17:54
  them
• 17:54
  a
• 17:54
  letter,
• 17:55
  go
• 17:55
  to
• 17:55
  the
• 17:55
  post
• 17:56
  office
• 17:56
  and
• 17:57
  ask
• 17:57
  the
• 17:57
  post
• 17:58
  office
• 17:58
  to
• 17:58
  send
• 17:58
  this
• 17:59
  certified
• 17:59
  mail
• 18:00
  with
• 18:00
  return
• 18:00
  receipt
• 18:01
  requested,
• 18:01
  which
• 18:02
  basically
• 18:02
  means
• 18:03
  whoever
• 18:03
  receives
• 18:04
  that
• 18:04
  letter
• 18:05
  has
• 18:05
  to
• 18:05
  sign
• 18:06
  off
• 18:06
  on
• 18:06
  this.
• 18:06
  And
• 18:07
  you'll
• 18:07
  get
• 18:07
  a
• 18:07
  postcard
• 18:08
  back
• 18:08
  saying
• 18:08
  who
• 18:09
  signed
• 18:09
  for
• 18:09
  it,
• 18:09
  when
• 18:09
  they
• 18:09
  signed
• 18:10
  for
• 18:10
  it,
• 18:10
  so
• 18:10
  you
• 18:10
  can
• 18:10
  prove
• 18:11
  they
• 18:11
  got
• 18:11
  it.
• 18:12
  Once
• 18:12
  you
• 18:13
  prove
• 18:13
  they've
• 18:13
  got
• 18:13
  it,
• 18:14
  keep
• 18:14
  that
• 18:14
  proof.
• 18:15
  And
• 18:16
  then
• 18:16
  log
• 18:16
  every
• 18:17
  single
• 18:17
  call,
• 18:18
  especially
• 18:18
  if
• 18:18
  they
• 18:18
  keep
• 18:18
  calling.
• 18:19
  Rob,
• 18:19
  send
• 18:20
  this
• 18:20
  in.
• 18:20
  I
• 18:20
  told
• 18:20
  them
• 18:20
  to
• 18:20
  stop,
• 18:21
  prove
• 18:21
  it.
• 18:21
  They
• 18:21
  haven't
• 18:21
  done
• 18:21
  it.
• 18:22
  Log
• 18:22
  those
• 18:23
  calls.
• 18:24
  And
• 18:24
  then
• 18:24
  once
• 18:24
  they
• 18:25
  stop
• 18:25
  or
• 18:25
  they
• 18:26
  violate
• 18:26
  those
• 18:26
  rules,
• 18:27
  then
• 18:28
  you
• 18:28
  can
• 18:28
  file
• 18:28
  a
• 18:29
  complaint
• 18:29
  with
• 18:29
  the
• 18:30
  Federal
• 18:30
  Trade
• 18:30
  Commission
• 18:30
  or
• 18:31
  that
• 18:31
  cfpb.
• 18:32
  You
• 18:33
  also
• 18:33
  can
• 18:33
  sue
• 18:33
  them.
• 18:33
  Now,
• 18:34
  I
• 18:34
  don't
• 18:34
  know
• 18:34
  if
• 18:34
  you're
• 18:34
  going
• 18:34
  to
• 18:34
  go
• 18:34
  out
• 18:34
  and
• 18:35
  do
• 18:35
  that.
• 18:35
  You
• 18:35
  could
• 18:35
  potentially
• 18:36
  go
• 18:36
  hire
• 18:36
  an
• 18:36
  attorney
• 18:37
  and
• 18:37
  do
• 18:37
  that.
• 18:38
  But
• 18:38
  it
• 18:38
  all
• 18:39
  comes
• 18:39
  down
• 18:39
  to
• 18:39
  documenting
• 18:40
  all
• 18:40
  of
• 18:40
  this.
• 18:40
  Documentation
• 18:41
  wins
• 18:41
  on
• 18:42
  this.
• 18:43
  So
• 18:44
  know
• 18:44
  your
• 18:44
  ground,
• 18:45
  stand
• 18:46
  on
• 18:46
  your
• 18:46
  ground.
• 18:46
  Stand
• 18:47
  firm
• 18:47
  in
• 18:47
  what
• 18:47
  you
• 18:47
  dealt.
• 18:49
  Now,
• 18:49
  maybe
• 18:49
  you're
• 18:49
  watching
• 18:50
  or
• 18:50
  listening
• 18:50
  to
• 18:50
  this
• 18:50
  and
• 18:51
  you're
• 18:51
  like,
• 18:51
  wow,
• 18:51
  I've
• 18:52
  dealt
• 18:52
  with
• 18:52
  these
• 18:52
  debt
• 18:52
  collectors
• 18:53
  before.
• 18:54
  Did
• 18:54
  you
• 18:54
  know
• 18:55
  about
• 18:55
  this?
• 18:55
  Written
• 18:55
  verification?
• 18:56
  A
• 18:56
  lot
• 18:56
  of
• 18:56
  people
• 18:56
  don't
• 18:57
  understand
• 18:57
  this.
• 18:57
  You
• 18:58
  have
• 18:58
  an
• 18:58
  absolute
• 18:59
  obligation
• 18:59
  or.
• 19:00
  Or
• 19:00
  an
• 19:00
  absolute
• 19:00
  right
• 19:01
  to
• 19:01
  get
• 19:01
  this
• 19:01
  in
• 19:02
  writing,
• 19:03
  but
• 19:03
  you've
• 19:03
  got
• 19:03
  to
• 19:03
  make
• 19:04
  it
• 19:04
  in
• 19:04
  writing.
• 19:04
  It's
• 19:04
  a
• 19:04
  little
• 19:04
  bit
• 19:05
  of
• 19:05
  a
• 19:05
  game
• 19:05
  here,
• 19:05
  right?
• 19:05
  Because
• 19:06
  what
• 19:06
  typically
• 19:06
  happens
• 19:07
  is
• 19:07
  somebody
• 19:08
  calls
• 19:08
  you
• 19:08
  like,
• 19:09
  that's
• 19:09
  not
• 19:09
  my
• 19:09
  debt.
• 19:09
  Click.
• 19:11
  They're
• 19:11
  going
• 19:11
  to
• 19:11
  keep
• 19:11
  calling
• 19:12
  you,
• 19:12
  they're
• 19:12
  going
• 19:12
  to
• 19:12
  keep
• 19:13
  harassing
• 19:13
  you.
• 19:13
  They're
• 19:14
  going
• 19:14
  to
• 19:14
  keep
• 19:14
  sending
• 19:14
  you
• 19:15
  documentation,
• 19:15
  they're
• 19:16
  going
• 19:16
  to
• 19:16
  keep
• 19:16
  sending
• 19:16
  you
• 19:16
  letters.
• 19:17
  But
• 19:18
  until
• 19:18
  you
• 19:18
  take
• 19:18
  the
• 19:19
  stand,
• 19:19
  know
• 19:19
  your
• 19:20
  ground.
• 19:20
  Now,
• 19:20
  here's
• 19:21
  the
• 19:21
  deal.
• 19:21
  If
• 19:21
  this
• 19:21
  is
• 19:22
  your
• 19:22
  debt,
• 19:22
  you're
• 19:23
  going
• 19:23
  to
• 19:23
  have
• 19:23
  to
• 19:23
  figure
• 19:23
  out
• 19:23
  a
• 19:23
  way
• 19:24
  to
• 19:24
  pay
• 19:24
  it.
• 19:25
  That's
• 19:25
  just
• 19:25
  the
• 19:25
  truth.
• 19:26
  You
• 19:26
  ain't
• 19:26
  going
• 19:26
  to
• 19:26
  run
• 19:26
  away
• 19:26
  from
• 19:27
  this
• 19:27
  much
• 19:27
  longer.
• 19:27
  Now,
• 19:27
  you
• 19:28
  may
• 19:28
  need
• 19:28
  to
• 19:28
  go
• 19:28
  see
• 19:28
  an
• 19:28
  attorney
• 19:29
  about
• 19:29
  bankruptcy
• 19:30
  protection
• 19:30
  or
• 19:30
  something
• 19:31
  along
• 19:31
  those
• 19:31
  lines.
• 19:32
  But
• 19:32
  if
• 19:33
  it's
• 19:33
  not
• 19:33
  your
• 19:33
  debt,
• 19:34
  then
• 19:35
  stand
• 19:35
  firm
• 19:35
  in
• 19:36
  that.
• 19:36
  Make
• 19:36
  them
• 19:36
  prove
• 19:37
  it.
• 19:38
  So
• 19:39
  that's
• 19:39
  the
• 19:39
  thing
• 19:39
  I
• 19:39
  want
• 19:39
  to
• 19:39
  do.
• 19:39
  I
• 19:40
  want
• 19:40
  to
• 19:40
  say
• 19:40
  that
• 19:40
  here,
• 19:40
  because
• 19:40
  a
• 19:41
  lot
• 19:41
  of
• 19:41
  people
• 19:41
  don't
• 19:41
  realize
• 19:42
  the
• 19:42
  rights
• 19:42
  that
• 19:42
  they
• 19:42
  do
• 19:43
  have.
• 19:44
  All
• 19:44
  right,
• 19:44
  well,
• 19:44
  let's
• 19:45
  get
• 19:45
  to
• 19:45
  our
• 19:45
  third
• 19:46
  question
• 19:46
  for
• 19:46
  today.
• 19:47
  And
• 19:47
  this
• 19:48
  is
• 19:48
  a
• 19:48
  question
• 19:48
  about
• 19:49
  identity
• 19:49
  theft.
• 19:50
  And
• 19:50
  this
• 19:51
  is
• 19:51
  something
• 19:51
  that
• 19:51
  I'm
• 19:52
  seeing
• 19:52
  a
• 19:52
  lot
• 19:52
  of
• 19:52
  it
• 19:52
  on
• 19:52
  the
• 19:52
  rise.
• 19:53
  I
• 19:53
  see
• 19:53
  it
• 19:53
  a
• 19:53
  lot
• 19:53
  in
• 19:54
  my
• 19:54
  practice
• 19:54
  from
• 19:55
  the
• 19:55
  IRS
• 19:55
  perspective
• 19:56
  of
• 19:56
  people
• 19:57
  filing
• 19:57
  returns
• 19:58
  under
• 19:58
  other
• 19:58
  people's
• 19:59
  names
• 19:59
  and
• 19:59
  that
• 19:59
  sort
• 19:59
  of
• 19:59
  thing.
• 20:00
  So
• 20:00
  let's
• 20:00
  get
• 20:00
  right
• 20:00
  to
• 20:00
  this
• 20:01
  listener
• 20:01
  question
• 20:02
  says,
• 20:02
  Dear
• 20:02
  Ralph,
• 20:03
  last
• 20:03
  week
• 20:04
  I
• 20:04
  received
• 20:04
  a
• 20:04
  bill
• 20:04
  from
• 20:05
  a
• 20:05
  medical
• 20:05
  provider
• 20:05
  for
• 20:06
  a
• 20:06
  procedure
• 20:06
  I
• 20:07
  never
• 20:07
  had.
• 20:07
  I
• 20:07
  thought,
• 20:07
  wait
• 20:08
  a
• 20:08
  minute,
• 20:08
  you.
• 20:09
  But
• 20:09
  anyway,
• 20:09
  let
• 20:10
  me
• 20:10
  continue.
• 20:11
  When
• 20:11
  I
• 20:11
  called
• 20:11
  the
• 20:11
  office,
• 20:12
  they
• 20:12
  had
• 20:13
  my
• 20:13
  name,
• 20:13
  they
• 20:14
  had
• 20:14
  my
• 20:14
  birth
• 20:14
  date,
• 20:15
  they
• 20:15
  even
• 20:16
  had
• 20:16
  my
• 20:16
  address.
• 20:18
  Everything
• 20:18
  matched.
• 20:19
  They
• 20:19
  actually
• 20:20
  said
• 20:20
  the
• 20:20
  procedure
• 20:21
  was
• 20:21
  done
• 20:21
  in
• 20:21
  March
• 20:22
  at
• 20:22
  a
• 20:22
  facility
• 20:23
  three
• 20:23
  states
• 20:23
  away
• 20:24
  from
• 20:24
  me.
• 20:25
  I've
• 20:25
  never
• 20:25
  even
• 20:25
  been
• 20:25
  to
• 20:26
  that
• 20:26
  state,
• 20:26
  Ralph.
• 20:27
  I've
• 20:28
  never
• 20:28
  seen
• 20:28
  that
• 20:28
  provider.
• 20:30
  And
• 20:30
  I've
• 20:30
  been
• 20:30
  monitoring
• 20:31
  my
• 20:31
  credit
• 20:31
  report
• 20:32
  regularly.
• 20:33
  Nothing
• 20:34
  showed
• 20:34
  up
• 20:34
  there.
• 20:35
  So
• 20:35
  my
• 20:35
  question
• 20:36
  is
• 20:36
  this.
• 20:37
  If
• 20:37
  someone
• 20:38
  stole
• 20:38
  my
• 20:38
  identity
• 20:39
  months
• 20:39
  ago,
• 20:40
  how
• 20:41
  did
• 20:41
  it
• 20:41
  not
• 20:41
  show
• 20:41
  up
• 20:41
  on
• 20:42
  my
• 20:42
  credit
• 20:42
  report?
• 20:43
  And
• 20:44
  what
• 20:44
  else
• 20:44
  should
• 20:44
  I
• 20:44
  be
• 20:45
  looking
• 20:45
  at
• 20:45
  that
• 20:45
  I
• 20:45
  might
• 20:45
  have
• 20:46
  missed?
• 20:47
  Thank
• 20:47
  you,
• 20:47
  Ralph.
• 20:48
  Well,
• 20:48
  thank
• 20:49
  you
• 20:49
  for
• 20:49
  sending
• 20:49
  in
• 20:49
  that
• 20:49
  question.
• 20:50
  It's
• 20:50
  a
• 20:50
  great
• 20:50
  question
• 20:51
  because
• 20:52
  in
• 20:52
  your
• 20:52
  particular
• 20:53
  case,
• 20:53
  you've
• 20:54
  done
• 20:54
  everything
• 20:54
  right.
• 20:55
  You're
• 20:56
  monitoring
• 20:56
  your
• 20:56
  credit,
• 20:57
  you're
• 20:57
  paying
• 20:57
  attention
• 20:57
  to
• 20:58
  your
• 20:58
  identity,
• 20:59
  and
• 21:00
  it
• 21:00
  still
• 21:00
  happened
• 21:00
  to
• 21:00
  you.
• 21:02
  The
• 21:02
  problem
• 21:02
  with
• 21:03
  credit
• 21:03
  reports,
• 21:03
  they
• 21:04
  only
• 21:04
  show
• 21:05
  active
• 21:05
  accounts
• 21:06
  and
• 21:06
  collections.
• 21:08
  This
• 21:08
  is
• 21:08
  a
• 21:08
  medical
• 21:09
  identity
• 21:09
  theft.
• 21:11
  And
• 21:11
  unfortunately,
• 21:12
  like
• 21:12
  you
• 21:12
  said,
• 21:13
  the
• 21:13
  records
• 21:14
  are
• 21:14
  in
• 21:14
  your
• 21:14
  name,
• 21:15
  but
• 21:16
  they
• 21:16
  don't
• 21:16
  affect
• 21:16
  your
• 21:16
  credit
• 21:17
  report
• 21:17
  yet
• 21:19
  until
• 21:19
  that
• 21:20
  medical
• 21:20
  company
• 21:20
  sends
• 21:21
  it
• 21:21
  to
• 21:21
  a
• 21:21
  collection
• 21:22
  agency.
• 21:23
  So
• 21:23
  we're
• 21:23
  going
• 21:23
  to
• 21:23
  go
• 21:24
  back
• 21:24
  to
• 21:24
  Matt
• 21:24
  Gaberty
• 21:25
  again
• 21:25
  from
• 21:25
  Money
• 21:26
  magazine.
• 21:26
  This
• 21:26
  is
• 21:26
  in
• 21:26
  May
• 21:27
  2026.
• 21:28
  He
• 21:28
  wrote
• 21:28
  an
• 21:28
  article
• 21:28
  about
• 21:29
  this
• 21:29
  as
• 21:29
  well.
• 21:31
  Here's
• 21:31
  three
• 21:31
  warning
• 21:32
  signs
• 21:33
  that
• 21:33
  you
• 21:34
  can
• 21:34
  look
• 21:34
  at
• 21:34
  for
• 21:34
  things
• 21:35
  that
• 21:35
  don't
• 21:35
  touch
• 21:35
  your
• 21:35
  credit
• 21:36
  report.
• 21:36
  Because
• 21:36
  a
• 21:36
  lot
• 21:36
  of
• 21:36
  people
• 21:36
  say,
• 21:36
  well,
• 21:37
  Ralph,
• 21:37
  I
• 21:37
  monitor
• 21:37
  my
• 21:37
  credit,
• 21:37
  but
• 21:38
  I
• 21:38
  don't
• 21:38
  see
• 21:38
  these
• 21:38
  things.
• 21:39
  He
• 21:39
  came
• 21:39
  up
• 21:39
  with
• 21:39
  some
• 21:40
  brilliant
• 21:40
  ideas
• 21:41
  of
• 21:41
  things
• 21:42
  that
• 21:42
  you
• 21:42
  can
• 21:42
  monitor
• 21:43
  that
• 21:43
  might
• 21:44
  not
• 21:44
  hit
• 21:44
  your
• 21:44
  credit
• 21:44
  report.
• 21:45
  Here's
• 21:45
  the
• 21:45
  first
• 21:45
  sign
• 21:46
  he
• 21:47
  calls
• 21:47
  it
• 21:47
  communication
• 21:48
  disruptions.
• 21:49
  If
• 21:50
  your
• 21:50
  mail
• 21:50
  slows
• 21:51
  down
• 21:51
  all
• 21:51
  of
• 21:51
  a
• 21:51
  sudden,
• 21:52
  if
• 21:52
  you
• 21:52
  normally
• 21:53
  get
• 21:53
  X
• 21:54
  number
• 21:54
  of
• 21:54
  pieces
• 21:54
  of
• 21:54
  mail
• 21:54
  and
• 21:55
  you're
• 21:55
  like,
• 21:55
  you
• 21:55
  know
• 21:55
  what's
• 21:55
  interesting,
• 21:56
  Rob?
• 21:56
  I
• 21:56
  haven't
• 21:56
  gotten
• 21:56
  any
• 21:57
  mail
• 21:57
  lately.
• 21:59
  That's
• 21:59
  a
• 21:59
  clear
• 22:00
  sign
• 22:00
  that
• 22:00
  there's
• 22:00
  an
• 22:01
  issue.
• 22:02
  If
• 22:02
  you
• 22:02
  get
• 22:03
  password
• 22:03
  resets
• 22:04
  on
• 22:04
  your
• 22:05
  email
• 22:05
  or
• 22:05
  your
• 22:05
  text
• 22:06
  that
• 22:06
  you
• 22:06
  didn't
• 22:06
  request.
• 22:07
  See,
• 22:08
  a
• 22:08
  lot
• 22:08
  of
• 22:08
  people
• 22:08
  just
• 22:08
  blow
• 22:09
  those
• 22:09
  off,
• 22:09
  like,
• 22:09
  oh,
• 22:09
  that's
• 22:09
  no
• 22:10
  big
• 22:10
  deal.
• 22:11
  No,
• 22:11
  those
• 22:11
  are
• 22:12
  super
• 22:12
  important.
• 22:13
  If
• 22:14
  you
• 22:14
  get
• 22:14
  one
• 22:14
  of
• 22:14
  those,
• 22:14
  number
• 22:15
  one,
• 22:15
  don't
• 22:15
  click
• 22:15
  on
• 22:16
  it
• 22:16
  because
• 22:16
  it
• 22:16
  could
• 22:16
  be
• 22:16
  spoofing,
• 22:17
  it
• 22:17
  could
• 22:17
  be
• 22:18
  trying
• 22:18
  to
• 22:18
  what
• 22:19
  they
• 22:19
  call
• 22:19
  it
• 22:19
  phishing,
• 22:20
  but
• 22:21
  see
• 22:21
  who
• 22:21
  it's
• 22:22
  from.
• 22:22
  And
• 22:22
  if
• 22:22
  it's
• 22:22
  from
• 22:23
  a
• 22:23
  credit
• 22:23
  card
• 22:23
  company
• 22:24
  that
• 22:24
  you
• 22:24
  have,
• 22:25
  don't
• 22:25
  click
• 22:25
  on
• 22:25
  any
• 22:26
  links
• 22:26
  in
• 22:26
  that,
• 22:27
  but
• 22:27
  go
• 22:27
  call
• 22:28
  that
• 22:28
  credit
• 22:28
  card
• 22:28
  company,
• 22:29
  log
• 22:29
  in
• 22:29
  with
• 22:29
  your
• 22:30
  credentials
• 22:31
  and
• 22:31
  see
• 22:31
  if
• 22:31
  there's
• 22:32
  something
• 22:32
  going
• 22:32
  on
• 22:33
  if
• 22:34
  someone's
• 22:34
  trying
• 22:34
  to
• 22:34
  get
• 22:35
  into
• 22:35
  your
• 22:35
  account.
• 22:35
  Number
• 22:36
  one
• 22:36
  thing,
• 22:36
  add
• 22:36
  multi
• 22:37
  factor
• 22:37
  authentication.
• 22:37
  That
• 22:38
  will
• 22:38
  put
• 22:38
  a
• 22:38
  lot
• 22:38
  of
• 22:38
  these
• 22:38
  things
• 22:38
  at
• 22:38
  rest,
• 22:39
  which
• 22:39
  is
• 22:39
  clearly
• 22:40
  what's
• 22:40
  going
• 22:40
  on
• 22:40
  here.
• 22:42
  So
• 22:42
  that's
• 22:42
  the
• 22:42
  second
• 22:42
  thing.
• 22:43
  Mail
• 22:43
  slows
• 22:43
  down.
• 22:43
  Password
• 22:44
  resets
• 22:44
  you
• 22:44
  didn't
• 22:45
  request.
• 22:46
  If
• 22:46
  you
• 22:46
  get
• 22:46
  purchases
• 22:47
  you
• 22:47
  didn't
• 22:47
  make,
• 22:49
  believe
• 22:49
  it
• 22:49
  or
• 22:49
  not,
• 22:49
  there
• 22:49
  are
• 22:50
  actually
• 22:50
  people
• 22:50
  that
• 22:50
  go
• 22:50
  make
• 22:51
  purchases,
• 22:51
  have
• 22:51
  stuff
• 22:51
  sent
• 22:52
  to
• 22:52
  you,
• 22:53
  and
• 22:53
  you're
• 22:53
  like,
• 22:53
  I
• 22:53
  never
• 22:54
  ordered
• 22:54
  this,
• 22:54
  but
• 22:54
  this
• 22:54
  is
• 22:55
  cool.
• 22:55
  I
• 22:55
  got
• 22:55
  this.
• 22:55
  I
• 22:55
  didn't
• 22:56
  even
• 22:56
  ask
• 22:56
  for
• 22:56
  it.
• 22:57
  They're
• 22:57
  setting
• 22:58
  you
• 22:58
  up
• 22:58
  for
• 22:59
  identity
• 22:59
  theft.
• 23:00
  Here's
• 23:01
  another
• 23:01
  one
• 23:01
  I
• 23:01
  hadn't
• 23:02
  even
• 23:02
  thought
• 23:02
  about.
• 23:03
  If
• 23:03
  your
• 23:03
  cell
• 23:04
  service
• 23:04
  all
• 23:04
  of
• 23:04
  a
• 23:04
  sudden
• 23:05
  drops.
• 23:06
  Because
• 23:07
  they
• 23:07
  could
• 23:07
  do
• 23:07
  what's
• 23:07
  called
• 23:07
  a
• 23:08
  SIM
• 23:08
  swap,
• 23:09
  where
• 23:09
  they
• 23:09
  actually.
• 23:09
  And
• 23:10
  see,
• 23:10
  this
• 23:10
  is
• 23:10
  even
• 23:10
  more
• 23:11
  prevalent
• 23:11
  now
• 23:12
  because
• 23:12
  most
• 23:12
  of
• 23:12
  the
• 23:13
  newer
• 23:13
  phones
• 23:14
  don't
• 23:14
  have
• 23:14
  a
• 23:15
  physical
• 23:15
  SIM
• 23:15
  card.
• 23:16
  SIM
• 23:16
  card
• 23:16
  is
• 23:16
  basically
• 23:17
  a
• 23:17
  little
• 23:17
  card
• 23:18
  that
• 23:18
  goes
• 23:18
  into
• 23:18
  the
• 23:18
  phone
• 23:19
  that
• 23:19
  allows
• 23:19
  it
• 23:19
  to
• 23:20
  authenticate.
• 23:21
  They
• 23:21
  have
• 23:21
  these
• 23:21
  things
• 23:21
  called
• 23:22
  ESIM
• 23:22
  now,
• 23:23
  which
• 23:23
  is
• 23:23
  an
• 23:23
  electronic
• 23:24
  version
• 23:24
  of
• 23:24
  a
• 23:25
  SIM
• 23:25
  card.
• 23:26
  And
• 23:26
  see
• 23:27
  the
• 23:27
  Problem
• 23:27
  with
• 23:27
  that.
• 23:27
  Think
• 23:28
  about
• 23:28
  this.
• 23:28
  Even
• 23:28
  if
• 23:29
  you've
• 23:29
  got
• 23:29
  that
• 23:29
  multi
• 23:29
  factor
• 23:30
  set
• 23:30
  up,
• 23:31
  someone
• 23:31
  could
• 23:31
  do
• 23:32
  a
• 23:32
  swap
• 23:32
  with
• 23:32
  your
• 23:33
  SIM
• 23:33
  card
• 23:34
  and
• 23:34
  they
• 23:34
  could
• 23:34
  be
• 23:34
  getting
• 23:35
  those
• 23:35
  two
• 23:35
  factor
• 23:36
  authentication.
• 23:36
  So
• 23:37
  you
• 23:37
  have
• 23:37
  no
• 23:38
  idea.
• 23:38
  You've
• 23:39
  done
• 23:39
  all
• 23:39
  the
• 23:39
  right
• 23:39
  things.
• 23:40
  You've
• 23:40
  got
• 23:40
  strong
• 23:41
  passwords,
• 23:42
  you've
• 23:42
  got
• 23:42
  the
• 23:42
  multi
• 23:43
  factor
• 23:43
  set
• 23:43
  up,
• 23:44
  but
• 23:44
  you
• 23:44
  have
• 23:44
  no
• 23:45
  idea
• 23:45
  this
• 23:45
  is
• 23:45
  coming.
• 23:46
  Because
• 23:46
  they
• 23:46
  even
• 23:46
  stole
• 23:47
  your
• 23:48
  phone
• 23:48
  number
• 23:48
  for
• 23:49
  cell
• 23:49
  services.
• 23:50
  So
• 23:51
  all
• 23:51
  of
• 23:51
  a
• 23:51
  sudden
• 23:51
  you're
• 23:51
  getting
• 23:52
  all
• 23:52
  these
• 23:52
  weird
• 23:52
  calls,
• 23:53
  your
• 23:53
  cell
• 23:53
  service
• 23:53
  drops.
• 23:54
  Get
• 23:54
  in
• 23:55
  touch
• 23:55
  with
• 23:55
  your
• 23:55
  cell
• 23:55
  provider
• 23:56
  and
• 23:56
  find
• 23:57
  out
• 23:57
  if
• 23:57
  someone
• 23:57
  is
• 23:58
  taking
• 23:58
  your
• 23:58
  phone
• 23:58
  number.
• 23:59
  So
• 23:59
  that's
• 23:59
  the
• 24:00
  first
• 24:00
  sign.
• 24:00
  Communication
• 24:01
  disruptions,
• 24:02
  mail
• 24:02
  password
• 24:03
  resets,
• 24:04
  self
• 24:04
  service.
• 24:05
  Here's
• 24:05
  the
• 24:05
  second
• 24:05
  thing
• 24:06
  he
• 24:06
  mentions.
• 24:07
  Bills
• 24:07
  for
• 24:08
  things
• 24:08
  you
• 24:08
  didn't
• 24:08
  do,
• 24:09
  which
• 24:09
  is
• 24:09
  the
• 24:09
  definition
• 24:10
  of
• 24:10
  what
• 24:10
  we
• 24:10
  got
• 24:10
  going
• 24:11
  on
• 24:11
  here.
• 24:12
  Medical
• 24:12
  bills
• 24:12
  for
• 24:13
  care
• 24:13
  you
• 24:13
  never
• 24:13
  had.
• 24:14
  And
• 24:14
  here's
• 24:14
  the
• 24:14
  problem
• 24:14
  with
• 24:15
  that.
• 24:15
  A
• 24:16
  lot
• 24:16
  of
• 24:16
  people
• 24:16
  say,
• 24:16
  well,
• 24:16
  my
• 24:16
  insurance
• 24:17
  should
• 24:17
  just
• 24:17
  cover.
• 24:17
  I
• 24:17
  don't
• 24:18
  even
• 24:18
  look
• 24:18
  at
• 24:18
  that.
• 24:18
  That's
• 24:19
  the
• 24:19
  thing
• 24:19
  about
• 24:19
  these
• 24:19
  medical
• 24:20
  bills.
• 24:20
  A
• 24:21
  lot
• 24:21
  of
• 24:21
  people
• 24:21
  just
• 24:21
  assume,
• 24:22
  especially
• 24:22
  if
• 24:22
  you
• 24:22
  have
• 24:23
  medical
• 24:23
  issues,
• 24:25
  you're
• 24:25
  like
• 24:25
  all
• 24:25
  the
• 24:25
  insurance.
• 24:26
  They
• 24:26
  always
• 24:26
  send
• 24:26
  me
• 24:26
  these
• 24:26
  letters,
• 24:27
  wrapped.
• 24:27
  The
• 24:27
  insurance
• 24:27
  will
• 24:28
  figure
• 24:28
  out
• 24:28
  eventually.
• 24:29
  This
• 24:29
  is
• 24:30
  your
• 24:30
  exact
• 24:30
  situation.
• 24:32
  If
• 24:32
  you
• 24:32
  get
• 24:32
  any
• 24:33
  medical
• 24:33
  bill
• 24:33
  or
• 24:34
  a.
• 24:34
  What's
• 24:34
  called
• 24:34
  an
• 24:35
  eob,
• 24:35
  explanation
• 24:36
  of
• 24:36
  benefits,
• 24:37
  look
• 24:37
  at
• 24:38
  it.
• 24:38
  Look
• 24:38
  who
• 24:39
  the
• 24:39
  provider
• 24:39
  was.
• 24:40
  Look
• 24:40
  where
• 24:40
  the
• 24:41
  service
• 24:41
  was.
• 24:41
  Look
• 24:41
  at
• 24:41
  the
• 24:42
  service
• 24:42
  date,
• 24:42
  make
• 24:42
  sure
• 24:42
  it's
• 24:43
  yours.
• 24:43
  If
• 24:43
  it's
• 24:43
  not,
• 24:43
  get
• 24:44
  in
• 24:44
  touch
• 24:44
  with
• 24:45
  that
• 24:45
  provider
• 24:45
  right
• 24:45
  away
• 24:46
  and
• 24:46
  say,
• 24:47
  this
• 24:47
  isn't
• 24:47
  me.
• 24:48
  Someone
• 24:48
  is
• 24:48
  using
• 24:48
  my
• 24:49
  information.
• 24:51
  If
• 24:51
  you
• 24:51
  get
• 24:51
  collection
• 24:52
  notices
• 24:52
  for
• 24:52
  accounts
• 24:53
  you
• 24:53
  never
• 24:53
  opened,
• 24:54
  that's
• 24:54
  a
• 24:54
  big
• 24:55
  red
• 24:55
  flag.
• 24:55
  Also,
• 24:56
  they
• 24:56
  may
• 24:57
  not
• 24:57
  be
• 24:57
  on
• 24:57
  your
• 24:57
  credit
• 24:57
  report
• 24:58
  yet,
• 24:58
  but
• 24:58
  if
• 24:58
  you're
• 24:58
  getting
• 24:59
  those
• 24:59
  collection
• 24:59
  notices.
• 25:00
  Here's
• 25:00
  one.
• 25:01
  Another
• 25:01
  one
• 25:01
  hadn't
• 25:01
  thought
• 25:01
  about.
• 25:02
  Benefit
• 25:03
  notices
• 25:03
  you
• 25:03
  never
• 25:03
  applied
• 25:04
  for.
• 25:05
  If
• 25:05
  all
• 25:05
  of
• 25:05
  a
• 25:05
  sudden
• 25:05
  you
• 25:05
  get
• 25:06
  this
• 25:06
  notice,
• 25:06
  say,
• 25:06
  hey,
• 25:07
  Mr.
• 25:08
  Rav,
• 25:08
  you
• 25:08
  got
• 25:08
  this
• 25:08
  Great
• 25:09
  Benefit
• 25:09
  coming
• 25:09
  your
• 25:09
  way
• 25:09
  and
• 25:10
  you
• 25:10
  think,
• 25:10
  I
• 25:10
  didn't
• 25:10
  apply
• 25:11
  for
• 25:11
  this.
• 25:12
  That's
• 25:12
  a
• 25:12
  big
• 25:12
  red
• 25:12
  flag.
• 25:14
  So
• 25:14
  that's
• 25:14
  the
• 25:14
  second
• 25:15
  thing.
• 25:15
  Bills
• 25:16
  for
• 25:16
  things
• 25:16
  you
• 25:17
  didn't
• 25:17
  do.
• 25:17
  Here's
• 25:18
  the
• 25:18
  third
• 25:18
  one.
• 25:18
  And
• 25:19
  this
• 25:19
  is
• 25:19
  a
• 25:19
  kind
• 25:19
  of
• 25:19
  where
• 25:20
  my,
• 25:20
  my
• 25:20
  area
• 25:20
  of
• 25:21
  expertise,
• 25:22
  tax
• 25:22
  and
• 25:22
  banking
• 25:23
  signals.
• 25:24
  Here's
• 25:24
  a
• 25:25
  big
• 25:25
  red
• 25:25
  flag.
• 25:26
  We
• 25:26
  do
• 25:26
  a
• 25:26
  ton
• 25:27
  of
• 25:27
  tax
• 25:27
  returns,
• 25:28
  all
• 25:28
  of
• 25:28
  our
• 25:28
  returns
• 25:28
  electronically
• 25:29
  filed.
• 25:30
  If
• 25:30
  the
• 25:30
  IRS
• 25:31
  rejects
• 25:31
  your
• 25:31
  return,
• 25:32
  I
• 25:32
  see
• 25:32
  this
• 25:33
  many
• 25:33
  times
• 25:33
  during
• 25:34
  tax
• 25:34
  season.
• 25:35
  We'll
• 25:35
  send
• 25:35
  in
• 25:35
  the
• 25:35
  tax
• 25:36
  return.
• 25:36
  The
• 25:36
  client
• 25:36
  doesn't
• 25:36
  know
• 25:37
  there's
• 25:37
  anything
• 25:37
  going
• 25:37
  on.
• 25:38
  I
• 25:38
  send
• 25:38
  a
• 25:38
  tax
• 25:39
  return
• 25:39
  in,
• 25:39
  24
• 25:39
  hours
• 25:40
  later,
• 25:40
  I
• 25:40
  get
• 25:40
  a
• 25:40
  ba
• 25:40
  bing
• 25:41
  back
• 25:41
  in
• 25:41
  the
• 25:41
  back
• 25:42
  in
• 25:42
  my
• 25:42
  email
• 25:42
  and
• 25:42
  says,
• 25:43
  hey,
• 25:43
  this
• 25:43
  return
• 25:43
  was
• 25:43
  rejected
• 25:44
  because
• 25:44
  guess
• 25:44
  what?
• 25:45
  Someone
• 25:45
  else
• 25:45
  has
• 25:45
  already
• 25:46
  filed
• 25:46
  a
• 25:46
  return.
• 25:46
  I
• 25:47
  under
• 25:47
  this
• 25:47
  name
• 25:47
  or
• 25:48
  Social
• 25:48
  Security
• 25:48
  number.
• 25:49
  This
• 25:49
  happens
• 25:50
  all
• 25:50
  the
• 25:50
  time.
• 25:51
  And
• 25:51
  the
• 25:51
  IRS
• 25:52
  has
• 25:52
  a
• 25:52
  plan
• 25:52
  of
• 25:53
  how
• 25:53
  to
• 25:53
  handle
• 25:53
  that.
• 25:54
  But
• 25:54
  if
• 25:55
  you
• 25:55
  get
• 25:55
  that
• 25:55
  notice,
• 25:56
  if
• 25:56
  somebody
• 25:56
  like
• 25:56
  me,
• 25:57
  you
• 25:58
  know,
• 25:58
  does
• 25:58
  your
• 25:58
  tax
• 25:58
  return
• 25:59
  you
• 25:59
  want
• 25:59
  yourself,
• 25:59
  you
• 25:59
  could
• 25:59
  just
• 26:00
  kickback,
• 26:00
  says
• 26:00
  somebody
• 26:01
  already
• 26:01
  filed
• 26:01
  return.
• 26:02
  Get
• 26:02
  on
• 26:02
  touch
• 26:02
  with
• 26:03
  the
• 26:03
  IRS
• 26:03
  right
• 26:04
  away.
• 26:04
  There's
• 26:05
  a
• 26:05
  problem
• 26:05
  there.
• 26:05
  That's
• 26:06
  an
• 26:06
  early
• 26:06
  warning
• 26:06
  sign
• 26:07
  that
• 26:07
  someone's
• 26:07
  taken
• 26:07
  your
• 26:07
  identity.
• 26:09
  If
• 26:09
  you
• 26:09
  get
• 26:09
  wage
• 26:10
  notices
• 26:10
  from
• 26:10
  an
• 26:10
  employer.
• 26:11
  Didn't
• 26:11
  know
• 26:12
  this
• 26:12
  happened
• 26:13
  a
• 26:13
  lot.
• 26:13
  During
• 26:13
  COVID
• 26:13
  with
• 26:14
  unemployment,
• 26:14
  I
• 26:15
  had
• 26:15
  a
• 26:15
  lot
• 26:15
  of
• 26:15
  clients
• 26:16
  getting
• 26:16
  unemployment
• 26:16
  claims
• 26:17
  from
• 26:17
  other
• 26:17
  states
• 26:18
  that
• 26:18
  they
• 26:18
  were
• 26:19
  nowhere
• 26:19
  near.
• 26:20
  I
• 26:20
  remember
• 26:21
  I
• 26:21
  had
• 26:21
  one
• 26:21
  particular
• 26:21
  client.
• 26:22
  I'm
• 26:22
  in
• 26:22
  Delaware,
• 26:23
  my
• 26:23
  home
• 26:23
  base,
• 26:23
  where
• 26:24
  my
• 26:24
  clients
• 26:24
  are
• 26:24
  a
• 26:24
  lot
• 26:25
  of
• 26:25
  my
• 26:25
  local
• 26:25
  clients.
• 26:26
  He
• 26:27
  got
• 26:27
  notices
• 26:27
  from
• 26:27
  California
• 26:28
  unemployment.
• 26:29
  And
• 26:29
  I
• 26:30
  said,
• 26:30
  what'd
• 26:30
  you
• 26:30
  do
• 26:30
  with
• 26:30
  it?
• 26:31
  He
• 26:31
  goes,
• 26:31
  I
• 26:31
  just
• 26:31
  figured
• 26:31
  somebody
• 26:32
  had
• 26:32
  something
• 26:32
  messed
• 26:32
  up.
• 26:33
  Well,
• 26:34
  that
• 26:34
  very
• 26:34
  issue
• 26:34
  would
• 26:35
  have
• 26:35
  told
• 26:35
  us
• 26:35
  he
• 26:36
  had
• 26:36
  a
• 26:36
  major
• 26:36
  identity
• 26:37
  theft.
• 26:38
  Or
• 26:39
  if
• 26:39
  you
• 26:39
  have
• 26:39
  bank
• 26:39
  activity
• 26:40
  you
• 26:40
  don't
• 26:40
  recognize,
• 26:42
  listen
• 26:42
  to
• 26:42
  me,
• 26:42
  friends,
• 26:43
  take
• 26:44
  a
• 26:44
  look
• 26:44
  at
• 26:44
  your
• 26:45
  bank
• 26:45
  statement
• 26:45
  at
• 26:46
  least
• 26:46
  once
• 26:46
  a
• 26:46
  month.
• 26:46
  I'm
• 26:47
  actually
• 26:47
  a
• 26:47
  believer
• 26:47
  in
• 26:47
  taking
• 26:48
  a
• 26:48
  look
• 26:48
  at
• 26:48
  your
• 26:48
  account
• 26:48
  activity
• 26:49
  once
• 26:49
  a
• 26:49
  week.
• 26:50
  But
• 26:51
  most
• 26:51
  of
• 26:51
  the
• 26:51
  time,
• 26:52
  these
• 26:52
  things
• 26:53
  will
• 26:53
  show
• 26:53
  up
• 26:53
  on
• 26:53
  your
• 26:54
  bank
• 26:54
  account
• 26:54
  because
• 26:54
  they
• 26:54
  do
• 26:55
  these
• 26:55
  little
• 26:55
  test
• 26:55
  transactions,
• 26:56
  maybe
• 26:57
  for
• 26:57
  $10
• 26:58
  or
• 26:58
  $5,
• 26:59
  maybe
• 26:59
  even
• 26:59
  $1.
• 27:00
  They
• 27:00
  want
• 27:00
  to
• 27:00
  see,
• 27:00
  is
• 27:00
  this
• 27:01
  a
• 27:01
  valid
• 27:01
  card?
• 27:02
  So
• 27:02
  check
• 27:02
  your
• 27:02
  credit
• 27:03
  card
• 27:03
  statements,
• 27:04
  check
• 27:04
  your
• 27:04
  bank
• 27:04
  statements,
• 27:05
  check
• 27:05
  all
• 27:05
  of
• 27:06
  those
• 27:06
  things.
• 27:07
  Because
• 27:08
  Mark
• 27:08
  says
• 27:08
  this
• 27:08
  in
• 27:08
  the
• 27:09
  article,
• 27:09
  he
• 27:09
  says
• 27:09
  by
• 27:09
  the
• 27:09
  time
• 27:10
  your
• 27:10
  credit
• 27:10
  score
• 27:10
  drops,
• 27:11
  you
• 27:12
  may
• 27:12
  already
• 27:12
  been
• 27:12
  the
• 27:13
  identity
• 27:13
  theft
• 27:13
  victim
• 27:14
  for
• 27:14
  several
• 27:14
  months.
• 27:14
  And
• 27:15
  that's
• 27:15
  just
• 27:15
  the
• 27:15
  truth,
• 27:16
  because
• 27:16
  it
• 27:17
  takes
• 27:17
  several
• 27:17
  months.
• 27:17
  A
• 27:18
  lot
• 27:18
  of
• 27:18
  people
• 27:18
  don't
• 27:18
  realize
• 27:19
  this.
• 27:19
  They
• 27:19
  think
• 27:19
  if
• 27:20
  you
• 27:20
  miss
• 27:20
  a
• 27:20
  payment
• 27:20
  on
• 27:21
  your
• 27:21
  credit
• 27:21
  card,
• 27:21
  man,
• 27:22
  right
• 27:22
  away
• 27:22
  that's
• 27:22
  going
• 27:23
  to
• 27:23
  hit
• 27:23
  the
• 27:23
  credit
• 27:23
  bureau.
• 27:23
  That's
• 27:24
  not
• 27:24
  necessarily
• 27:24
  true.
• 27:25
  Most
• 27:26
  lenders
• 27:27
  have
• 27:27
  a
• 27:27
  delay
• 27:28
  in
• 27:28
  their
• 27:28
  reporting.
• 27:29
  So
• 27:29
  once
• 27:30
  you
• 27:30
  hit
• 27:30
  30
• 27:30
  days
• 27:31
  and
• 27:31
  60
• 27:31
  days,
• 27:31
  that's
• 27:32
  when
• 27:32
  they
• 27:32
  start
• 27:32
  to
• 27:32
  show
• 27:32
  up.
• 27:32
  But
• 27:33
  truth
• 27:33
  is,
• 27:34
  the
• 27:34
  lender
• 27:34
  might
• 27:34
  not
• 27:34
  even
• 27:35
  report
• 27:35
  it
• 27:35
  until
• 27:35
  they
• 27:35
  send
• 27:36
  it
• 27:36
  off
• 27:36
  to
• 27:36
  a
• 27:36
  collection
• 27:37
  agency.
• 27:37
  And
• 27:37
  then
• 27:37
  that
• 27:38
  collection
• 27:38
  agency
• 27:39
  is
• 27:39
  getting
• 27:39
  into
• 27:39
  your
• 27:40
  credit
• 27:40
  file
• 27:40
  to
• 27:40
  dig
• 27:40
  out
• 27:40
  who
• 27:41
  see
• 27:41
  this
• 27:41
  person
• 27:41
  is
• 27:41
  because
• 27:42
  maybe
• 27:42
  they
• 27:42
  paid
• 27:42
  pennies
• 27:43
  on
• 27:43
  the
• 27:43
  dollar
• 27:43
  for
• 27:43
  it.
• 27:44
  But
• 27:44
  at
• 27:45
  that
• 27:45
  point,
• 27:45
  think
• 27:45
  about
• 27:45
  it.
• 27:46
  You
• 27:46
  could
• 27:46
  be
• 27:46
  six
• 27:46
  months,
• 27:47
  you
• 27:47
  could
• 27:47
  be
• 27:48
  five
• 27:48
  months,
• 27:48
  four
• 27:48
  months,
• 27:49
  whatever
• 27:49
  that
• 27:49
  number
• 27:49
  is,
• 27:50
  already
• 27:50
  into
• 27:51
  this
• 27:51
  identity
• 27:51
  theft.
• 27:52
  And
• 27:53
  the
• 27:53
  truth
• 27:53
  is,
• 27:53
  once
• 27:54
  they
• 27:54
  find
• 27:55
  we
• 27:55
  got
• 27:55
  a
• 27:55
  live
• 27:56
  one
• 27:56
  here,
• 27:56
  as
• 27:56
  they
• 27:56
  say,
• 27:57
  they're
• 27:57
  going
• 27:58
  to
• 27:58
  go
• 27:58
  after
• 27:58
  as
• 27:58
  much
• 27:58
  credit
• 27:59
  as
• 27:59
  they
• 27:59
  can,
• 27:59
  as
• 27:59
  quickly
• 27:59
  as
• 28:00
  they
• 28:00
  can
• 28:00
  to
• 28:00
  build
• 28:00
  this
• 28:01
  level
• 28:01
  because
• 28:01
  they
• 28:01
  know
• 28:01
  at
• 28:02
  some
• 28:02
  point
• 28:02
  it's
• 28:03
  going
• 28:03
  to
• 28:03
  get
• 28:03
  figured
• 28:04
  out.
• 28:04
  But
• 28:05
  I've
• 28:05
  seen
• 28:05
  this
• 28:05
  happen
• 28:05
  so
• 28:06
  many
• 28:06
  times
• 28:06
  that
• 28:06
  people's
• 28:07
  identity
• 28:07
  goes.
• 28:08
  It's
• 28:08
  like
• 28:08
  a
• 28:08
  bomb
• 28:09
  went
• 28:09
  off.
• 28:10
  Account,
• 28:10
  account,
• 28:11
  account,
• 28:11
  account,
• 28:12
  account.
• 28:12
  This
• 28:13
  is
• 28:13
  one
• 28:13
  of
• 28:13
  the
• 28:13
  things
• 28:13
  I've
• 28:13
  talked
• 28:13
  about
• 28:14
  on
• 28:14
  the
• 28:14
  show
• 28:14
  before.
• 28:15
  I
• 28:15
  love
• 28:16
  credit
• 28:16
  alerts.
• 28:16
  Like,
• 28:16
  I
• 28:17
  have
• 28:17
  a
• 28:17
  subscription
• 28:18
  to
• 28:18
  Norton,
• 28:19
  and
• 28:20
  I
• 28:20
  think
• 28:20
  it's
• 28:21
  credit
• 28:21
  lock
• 28:21
  or
• 28:21
  whatever
• 28:22
  it's
• 28:22
  called.
• 28:22
  I
• 28:22
  don't
• 28:22
  think
• 28:23
  off
• 28:23
  the
• 28:23
  top
• 28:23
  of
• 28:23
  my
• 28:23
  head,
• 28:23
  but
• 28:24
  I
• 28:24
  think
• 28:24
  it's
• 28:24
  a
• 28:24
  great
• 28:24
  product
• 28:25
  to
• 28:25
  have.
• 28:26
  Because
• 28:26
  actually,
• 28:26
  it's
• 28:27
  funny,
• 28:27
  yesterday
• 28:28
  I
• 28:28
  got
• 28:28
  in
• 28:28
  a
• 28:28
  text
• 28:28
  that
• 28:29
  says,
• 28:29
  hey,
• 28:29
  did
• 28:30
  you
• 28:30
  open
• 28:30
  up
• 28:30
  a
• 28:30
  new
• 28:30
  account?
• 28:31
  And
• 28:31
  I'd
• 28:31
  forgotten.
• 28:31
  My
• 28:32
  wife
• 28:32
  and
• 28:32
  I
• 28:32
  were
• 28:32
  out
• 28:32
  shopping
• 28:33
  and
• 28:33
  they
• 28:33
  had
• 28:34
  one
• 28:34
  of
• 28:34
  those
• 28:34
  credit
• 28:34
  card
• 28:34
  offers
• 28:35
  at
• 28:35
  the
• 28:35
  register.
• 28:35
  I
• 28:35
  saved
• 28:36
  30%
• 28:36
  on
• 28:36
  that
• 28:37
  day
• 28:37
  purchases.
• 28:38
  It's
• 28:38
  like,
• 28:38
  sure,
• 28:38
  I'll
• 28:38
  take
• 28:39
  the
• 28:39
  deal.
• 28:40
  And
• 28:40
  then
• 28:40
  here
• 28:40
  we
• 28:40
  go.
• 28:41
  30
• 28:41
  days
• 28:41
  later,
• 28:43
  Norton
• 28:43
  let
• 28:43
  me
• 28:44
  know.
• 28:44
  Lifelock,
• 28:45
  that's
• 28:45
  the
• 28:45
  name.
• 28:45
  I
• 28:45
  couldn't
• 28:45
  think
• 28:46
  of
• 28:46
  it.
• 28:46
  Lifelock,
• 28:46
  Say,
• 28:47
  hey,
• 28:47
  Ralph,
• 28:47
  by
• 28:47
  the
• 28:47
  way,
• 28:47
  is
• 28:48
  this
• 28:48
  your
• 28:48
  account?
• 28:48
  They
• 28:48
  sent
• 28:49
  me
• 28:49
  an
• 28:49
  email,
• 28:49
  they
• 28:49
  sent
• 28:49
  me
• 28:50
  a
• 28:50
  text.
• 28:50
  They
• 28:50
  sent
• 28:50
  me
• 28:50
  actually
• 28:50
  alert
• 28:51
  to
• 28:51
  my
• 28:51
  phone
• 28:51
  and
• 28:51
  like,
• 28:52
  yeah,
• 28:52
  that's
• 28:53
  me.
• 28:53
  Great.
• 28:54
  But
• 28:54
  see,
• 28:54
  that
• 28:54
  could
• 28:55
  have
• 28:55
  been
• 28:55
  not
• 28:55
  me,
• 28:56
  and
• 28:56
  I
• 28:57
  wouldn't
• 28:57
  be
• 28:57
  able
• 28:57
  to
• 28:57
  stop
• 28:57
  that
• 28:58
  at
• 28:58
  the
• 28:58
  front
• 28:58
  end
• 28:58
  just
• 28:58
  30
• 28:59
  days
• 28:59
  into
• 28:59
  this.
• 29:00
  But
• 29:01
  here's
• 29:01
  the
• 29:01
  action
• 29:01
  plan
• 29:02
  for
• 29:02
  you,
• 29:02
  the
• 29:02
  listener
• 29:03
  who
• 29:03
  sent
• 29:03
  this
• 29:03
  in
• 29:04
  number
• 29:04
  one
• 29:04
  thing,
• 29:05
  dispute
• 29:06
  this
• 29:06
  in
• 29:06
  writing.
• 29:07
  Send
• 29:08
  a
• 29:08
  letter
• 29:08
  to
• 29:08
  the
• 29:09
  collection
• 29:09
  agency.
• 29:09
  If
• 29:09
  it's
• 29:10
  there,
• 29:10
  send
• 29:10
  a
• 29:10
  letter
• 29:10
  to
• 29:11
  the
• 29:11
  doctor's
• 29:11
  office.
• 29:12
  Dispute
• 29:12
  it
• 29:12
  in
• 29:13
  writing
• 29:13
  again.
• 29:13
  Phone
• 29:14
  calls
• 29:14
  are
• 29:14
  great,
• 29:15
  but
• 29:15
  follow
• 29:15
  up
• 29:15
  with
• 29:15
  writing
• 29:16
  because
• 29:16
  that's
• 29:16
  what
• 29:16
  the
• 29:16
  law
• 29:17
  says
• 29:17
  you
• 29:17
  have
• 29:17
  to
• 29:17
  do.
• 29:17
  It
• 29:18
  has
• 29:18
  to
• 29:18
  be
• 29:18
  in
• 29:18
  writing.
• 29:18
  I
• 29:18
  know
• 29:19
  it
• 29:19
  sounds
• 29:19
  arcane,
• 29:19
  like
• 29:20
  we're
• 29:20
  in
• 29:20
  the
• 29:20
  Stone
• 29:20
  Ages
• 29:21
  with
• 29:21
  like
• 29:21
  tablets
• 29:22
  and
• 29:22
  chisels,
• 29:22
  but
• 29:23
  this
• 29:23
  is
• 29:23
  what
• 29:23
  the
• 29:23
  law
• 29:24
  says,
• 29:24
  because
• 29:24
  you
• 29:24
  want
• 29:25
  that
• 29:25
  documentation,
• 29:26
  send
• 29:26
  it
• 29:27
  certified
• 29:27
  mail.
• 29:27
  Make
• 29:28
  sure
• 29:28
  they're
• 29:28
  receiving
• 29:28
  it.
• 29:29
  Request
• 29:30
  records.
• 29:31
  Ask
• 29:31
  for
• 29:32
  records
• 29:32
  showing,
• 29:32
  hey,
• 29:32
  let
• 29:33
  me
• 29:33
  see
• 29:33
  the
• 29:33
  identification
• 29:34
  of
• 29:34
  the
• 29:34
  person
• 29:34
  that
• 29:34
  came
• 29:34
  in.
• 29:35
  Let
• 29:35
  me
• 29:35
  see
• 29:36
  the
• 29:36
  signatures.
• 29:36
  Let
• 29:36
  me
• 29:36
  see
• 29:37
  the
• 29:37
  procedures
• 29:37
  that
• 29:37
  were
• 29:38
  done.
• 29:38
  Now,
• 29:38
  in
• 29:39
  the
• 29:39
  medical
• 29:39
  field,
• 29:39
  there
• 29:39
  might
• 29:40
  be
• 29:40
  some
• 29:40
  HIPAA
• 29:41
  requirements,
• 29:42
  but
• 29:42
  if
• 29:42
  somebody's
• 29:42
  saying
• 29:43
  they're
• 29:43
  you,
• 29:43
  say,
• 29:44
  I
• 29:44
  want
• 29:44
  to
• 29:44
  see
• 29:44
  proof
• 29:44
  that
• 29:44
  I
• 29:45
  was
• 29:45
  there
• 29:46
  because
• 29:46
  this
• 29:46
  medical,
• 29:47
  this
• 29:47
  doctor's
• 29:48
  officer's
• 29:48
  medical
• 29:48
  facility
• 29:49
  should
• 29:49
  be
• 29:50
  collecting
• 29:50
  identification.
• 29:51
  I
• 29:51
  know
• 29:52
  whenever
• 29:52
  I
• 29:52
  get
• 29:52
  anything
• 29:53
  done
• 29:53
  medically
• 29:54
  wise.
• 29:54
  Now,
• 29:54
  I
• 29:54
  went
• 29:54
  to
• 29:55
  the
• 29:55
  lab
• 29:55
  a
• 29:55
  couple
• 29:56
  weeks
• 29:56
  ago
• 29:56
  to
• 29:56
  get
• 29:56
  some
• 29:56
  blood
• 29:56
  work
• 29:57
  done.
• 29:57
  First
• 29:57
  thing
• 29:57
  they
• 29:57
  said
• 29:57
  to
• 29:58
  me,
• 29:58
  go
• 29:58
  scan
• 29:58
  your
• 29:59
  id.
• 29:59
  They
• 29:59
  want
• 29:59
  to
• 29:59
  make
• 30:00
  sure
• 30:00
  that
• 30:00
  I
• 30:00
  am
• 30:00
  who
• 30:00
  I
• 30:01
  say
• 30:01
  I
• 30:01
  am.
• 30:02
  So
• 30:02
  request
• 30:03
  those
• 30:03
  records,
• 30:03
  dispute
• 30:04
  these
• 30:04
  things
• 30:04
  in
• 30:04
  writing,
• 30:05
  and
• 30:05
  then
• 30:05
  report
• 30:05
  it@identity
• 30:07
  theft.gov
• 30:07
  we'll
• 30:08
  put
• 30:08
  that
• 30:08
  in
• 30:08
  the
• 30:08
  show
• 30:08
  notes.
• 30:09
  But
• 30:09
  it's
• 30:09
  identity
• 30:10
  theft.gov
• 30:12
  that
• 30:12
  way
• 30:12
  you
• 30:12
  can
• 30:13
  start
• 30:13
  to
• 30:13
  build
• 30:13
  this
• 30:14
  case
• 30:14
  around
• 30:14
  this.
• 30:15
  Another
• 30:15
  thing
• 30:15
  I'm
• 30:16
  going
• 30:16
  to
• 30:16
  say
• 30:16
  to
• 30:16
  do,
• 30:16
  and
• 30:16
  I've
• 30:17
  done
• 30:17
  this
• 30:17
  several
• 30:17
  times
• 30:18
  through
• 30:18
  Lifelock
• 30:18
  or
• 30:19
  there's
• 30:19
  other.
• 30:19
  I
• 30:19
  don't
• 30:19
  want
• 30:19
  you
• 30:20
  to
• 30:20
  think
• 30:20
  that
• 30:20
  lifelock's
• 30:20
  the
• 30:20
  only
• 30:21
  one.
• 30:21
  There's
• 30:21
  other
• 30:21
  ones
• 30:21
  you
• 30:21
  can
• 30:21
  use.
• 30:22
  But
• 30:22
  freeze
• 30:23
  your
• 30:23
  credit.
• 30:24
  All
• 30:24
  three
• 30:25
  bureaus,
• 30:25
  not
• 30:25
  just
• 30:25
  one,
• 30:26
  not
• 30:26
  just
• 30:26
  two,
• 30:26
  all
• 30:27
  three
• 30:27
  of
• 30:27
  them.
• 30:27
  It
• 30:27
  doesn't
• 30:27
  cost
• 30:28
  you
• 30:28
  a
• 30:28
  dime
• 30:28
  to
• 30:29
  put
• 30:29
  a
• 30:29
  freeze
• 30:29
  on
• 30:29
  it.
• 30:29
  If
• 30:29
  you
• 30:30
  think
• 30:30
  something
• 30:30
  is
• 30:30
  up.
• 30:31
  The
• 30:32
  quicker
• 30:32
  you
• 30:32
  freeze
• 30:33
  it,
• 30:33
  the
• 30:33
  better
• 30:33
  off
• 30:33
  you're
• 30:33
  going
• 30:34
  to
• 30:34
  be.
• 30:34
  Now,
• 30:35
  as
• 30:35
  it
• 30:35
  comes
• 30:35
  to
• 30:35
  tax
• 30:36
  filing,
• 30:36
  one
• 30:37
  of
• 30:37
  the
• 30:37
  things
• 30:37
  that
• 30:37
  I
• 30:37
  love
• 30:37
  the
• 30:38
  IRS
• 30:38
  did
• 30:38
  several
• 30:38
  years
• 30:39
  ago
• 30:39
  is
• 30:39
  they
• 30:40
  set
• 30:40
  up
• 30:40
  this
• 30:40
  thing
• 30:40
  called
• 30:40
  an
• 30:41
  IRS
• 30:41
  Identity
• 30:42
  Protection
• 30:42
  PIN
• 30:43
  number.
• 30:43
  Kind
• 30:44
  of
• 30:44
  works
• 30:44
  like
• 30:44
  a
• 30:44
  PIN
• 30:44
  number
• 30:45
  on
• 30:45
  your
• 30:45
  bank
• 30:45
  card.
• 30:46
  When
• 30:46
  you
• 30:46
  go
• 30:46
  to
• 30:47
  file
• 30:47
  your
• 30:47
  tax
• 30:47
  return,
• 30:48
  you've
• 30:48
  got
• 30:49
  to
• 30:49
  put
• 30:49
  a
• 30:49
  PIN
• 30:49
  number
• 30:49
  on
• 30:50
  your
• 30:50
  tax
• 30:50
  return
• 30:51
  so
• 30:51
  that
• 30:51
  you
• 30:51
  can
• 30:51
  prove
• 30:51
  who
• 30:52
  you
• 30:52
  are.
• 30:52
  Now,
• 30:52
  a
• 30:52
  lot
• 30:52
  of
• 30:52
  people
• 30:53
  don't
• 30:53
  understand
• 30:53
  what
• 30:54
  you.
• 30:54
  Once
• 30:54
  you
• 30:54
  get
• 30:54
  into
• 30:54
  that,
• 30:55
  you're
• 30:55
  going
• 30:55
  to
• 30:55
  have
• 30:55
  to
• 30:56
  get
• 30:56
  a
• 30:56
  new
• 30:56
  PIN
• 30:56
  number
• 30:56
  every
• 30:57
  year
• 30:57
  from
• 30:57
  the
• 30:57
  irs.
• 30:58
  This
• 30:58
  happens
• 30:58
  all
• 30:58
  the
• 30:58
  time.
• 30:58
  During
• 30:59
  tax
• 30:59
  season.
• 30:59
  I'll
• 31:00
  file
• 31:00
  a
• 31:00
  tax
• 31:00
  return
• 31:01
  and
• 31:01
  say,
• 31:01
  nope,
• 31:01
  nope,
• 31:01
  nope.
• 31:02
  I
• 31:02
  get
• 31:02
  that.
• 31:02
  Bing,
• 31:02
  bing,
• 31:03
  bing.
• 31:03
  No,
• 31:03
  this
• 31:03
  return
• 31:03
  didn't
• 31:04
  go
• 31:04
  through
• 31:04
  again
• 31:04
  because
• 31:06
  the
• 31:06
  client
• 31:06
  has
• 31:06
  that
• 31:06
  PIN
• 31:07
  number.
• 31:07
  I
• 31:07
  see
• 31:07
  it
• 31:07
  with
• 31:07
  a
• 31:07
  lot
• 31:07
  of
• 31:08
  new
• 31:08
  clients,
• 31:08
  like,
• 31:08
  oh,
• 31:08
  I
• 31:09
  forgot
• 31:09
  to
• 31:09
  mention
• 31:09
  that
• 31:09
  route.
• 31:10
  It's
• 31:10
  not
• 31:10
  a
• 31:10
  hard
• 31:10
  thing
• 31:10
  to
• 31:11
  fix.
• 31:11
  You
• 31:11
  can
• 31:11
  actually
• 31:11
  go
• 31:12
  online
• 31:12
  through
• 31:13
  your
• 31:13
  IRS.gov
• 31:14
  portal
• 31:14
  and
• 31:14
  get
• 31:14
  a
• 31:14
  new
• 31:14
  PIN
• 31:15
  number.
• 31:15
  But
• 31:16
  I
• 31:16
  love
• 31:16
  that
• 31:16
  it's
• 31:17
  free,
• 31:17
  it
• 31:17
  only
• 31:18
  takes
• 31:18
  a
• 31:18
  couple
• 31:18
  minutes,
• 31:19
  and
• 31:19
  then
• 31:20
  nobody
• 31:20
  can
• 31:20
  file
• 31:20
  a
• 31:21
  tax
• 31:21
  return
• 31:21
  in
• 31:21
  your
• 31:21
  name.
• 31:22
  Again,
• 31:24
  the
• 31:24
  credit
• 31:25
  report
• 31:25
  is
• 31:25
  one
• 31:25
  window
• 31:26
  into
• 31:26
  this,
• 31:27
  but
• 31:27
  you've
• 31:27
  got
• 31:27
  to
• 31:28
  watch
• 31:28
  for
• 31:28
  more
• 31:28
  things.
• 31:30
  So
• 31:30
  do
• 31:31
  you
• 31:31
  monitor
• 31:31
  your
• 31:31
  credit?
• 31:32
  You
• 31:32
  know,
• 31:33
  this
• 31:33
  particular
• 31:33
  listener
• 31:34
  is
• 31:34
  doing
• 31:34
  the
• 31:34
  right
• 31:34
  things.
• 31:35
  They're
• 31:35
  checking
• 31:35
  their
• 31:35
  credit
• 31:36
  report
• 31:36
  at
• 31:36
  least
• 31:36
  once
• 31:36
  a
• 31:36
  year.
• 31:37
  Do
• 31:38
  you
• 31:38
  have
• 31:38
  that
• 31:38
  IRS
• 31:39
  PIN
• 31:39
  number?
• 31:40
  Another
• 31:40
  good
• 31:40
  thing
• 31:41
  you
• 31:41
  can
• 31:41
  do.
• 31:42
  These
• 31:42
  are
• 31:42
  all
• 31:43
  things
• 31:43
  that
• 31:43
  we
• 31:43
  can
• 31:44
  do
• 31:44
  to
• 31:44
  improve
• 31:45
  our
• 31:45
  financial
• 31:46
  situation.
• 31:47
  And
• 31:47
  if
• 31:47
  you
• 31:47
  notice,
• 31:48
  all
• 31:48
  of
• 31:48
  the
• 31:49
  listener
• 31:49
  questions
• 31:50
  today
• 31:52
  were
• 31:52
  those
• 31:52
  questions
• 31:53
  that
• 31:53
  people
• 31:53
  were
• 31:54
  doing
• 31:54
  the
• 31:54
  right
• 31:54
  things,
• 31:56
  they
• 31:56
  were
• 31:56
  making
• 31:56
  the
• 31:56
  right
• 31:57
  decision,
• 31:57
  they
• 31:57
  were
• 31:57
  doing
• 31:57
  all
• 31:58
  the
• 31:58
  right
• 31:58
  things.
• 31:59
  But
• 32:00
  one
• 32:00
  thing
• 32:00
  underneath
• 32:01
  all
• 32:01
  of
• 32:01
  them,
• 32:03
  the
• 32:03
  people
• 32:03
  who
• 32:03
  come
• 32:04
  out
• 32:04
  ahead
• 32:04
  on
• 32:05
  the
• 32:05
  other
• 32:05
  side
• 32:07
  were
• 32:07
  prepared.
• 32:08
  They
• 32:08
  know
• 32:08
  what
• 32:09
  to
• 32:09
  look
• 32:09
  for
• 32:09
  before
• 32:09
  the
• 32:10
  problem
• 32:10
  arrived.
• 32:11
  Think
• 32:11
  about
• 32:11
  Social
• 32:12
  Security,
• 32:12
  run
• 32:12
  your
• 32:13
  numbers.
• 32:14
  Think
• 32:14
  about
• 32:14
  your
• 32:14
  spouse.
• 32:15
  If
• 32:15
  you're
• 32:15
  married,
• 32:17
  know
• 32:17
  what
• 32:17
  you're
• 32:18
  getting
• 32:18
  into.
• 32:18
  What
• 32:19
  is
• 32:19
  the
• 32:19
  likelihood
• 32:19
  that
• 32:19
  you're
• 32:20
  going
• 32:20
  to
• 32:20
  live
• 32:20
  longer?
• 32:20
  How
• 32:20
  much
• 32:21
  money
• 32:21
  do
• 32:21
  you
• 32:21
  need?
• 32:22
  Can
• 32:22
  you
• 32:22
  subsidize
• 32:23
  till
• 32:23
  you
• 32:23
  get
• 32:23
  to
• 32:23
  that
• 32:24
  longer
• 32:24
  date
• 32:24
  to
• 32:25
  retire
• 32:27
  the
• 32:27
  debt
• 32:27
  collectors
• 32:28
  again,
• 32:28
  the
• 32:28
  big
• 32:29
  takeaway
• 32:29
  from
• 32:29
  that
• 32:29
  is
• 32:30
  written
• 32:30
  verification
• 32:32
  sent
• 32:32
  by
• 32:32
  certified
• 32:33
  mail,
• 32:33
  Document
• 32:34
  everything.
• 32:36
  Written
• 32:36
  verification,
• 32:38
  send
• 32:38
  it
• 32:38
  by
• 32:38
  certified
• 32:38
  mail.
• 32:39
  You
• 32:39
  want
• 32:39
  to
• 32:39
  be
• 32:39
  able
• 32:39
  to
• 32:39
  tell
• 32:40
  every
• 32:40
  single
• 32:41
  step
• 32:41
  of
• 32:41
  the
• 32:41
  way,
• 32:41
  here's
• 32:41
  what
• 32:42
  I
• 32:42
  did,
• 32:42
  here's
• 32:42
  when
• 32:42
  I
• 32:43
  did
• 32:43
  it,
• 32:43
  here's
• 32:44
  who,
• 32:44
  what
• 32:44
  got
• 32:44
  it,
• 32:44
  all
• 32:44
  that
• 32:45
  kind
• 32:45
  of
• 32:45
  stuff
• 32:46
  that
• 32:46
  is
• 32:46
  super
• 32:46
  important.
• 32:48
  And
• 32:48
  then
• 32:48
  we
• 32:48
  ended
• 32:49
  up
• 32:49
  with
• 32:49
  identity
• 32:49
  theft.
• 32:50
  And
• 32:50
  I'm
• 32:50
  gonna
• 32:50
  give
• 32:50
  you
• 32:50
  that
• 32:51
  website
• 32:51
  again,
• 32:51
  identitytheft.gov.
• 32:53
  Go
• 32:54
  check
• 32:54
  it
• 32:54
  out.
• 32:54
  It's
• 32:55
  got
• 32:55
  a
• 32:55
  great
• 32:55
  amount
• 32:55
  of
• 32:56
  great
• 32:56
  resource
• 32:56
  information.
• 32:58
  But
• 32:58
  put
• 32:58
  that
• 32:58
  credit
• 32:59
  freeze
• 32:59
  on
• 32:59
  your
• 32:59
  account,
• 32:59
  I'm
• 33:00
  gonna
• 33:00
  see
• 33:00
  even
• 33:00
  something
• 33:00
  bolder.
• 33:01
  I
• 33:01
  actually
• 33:01
  freeze
• 33:02
  my
• 33:02
  credit
• 33:02
  report
• 33:02
  all
• 33:02
  the
• 33:03
  time.
• 33:04
  And
• 33:05
  if
• 33:05
  I
• 33:05
  need
• 33:05
  to
• 33:05
  open
• 33:05
  it
• 33:06
  up
• 33:06
  to
• 33:06
  go
• 33:06
  get
• 33:06
  a
• 33:06
  loan,
• 33:07
  fine.
• 33:07
  This
• 33:07
  way
• 33:07
  nobody
• 33:08
  can
• 33:08
  put
• 33:08
  anything
• 33:08
  on
• 33:08
  my
• 33:09
  account
• 33:09
  without
• 33:09
  me
• 33:09
  knowing
• 33:09
  it.
• 33:10
  Now,
• 33:11
  that's
• 33:11
  an
• 33:11
  aggressive
• 33:11
  position,
• 33:12
  but
• 33:12
  I
• 33:12
  don't
• 33:12
  want
• 33:12
  to
• 33:12
  be
• 33:13
  in
• 33:13
  that
• 33:13
  position
• 33:14
  where
• 33:14
  three
• 33:14
  months,
• 33:14
  six
• 33:15
  months,
• 33:15
  nine
• 33:15
  months,
• 33:15
  a
• 33:16
  year
• 33:16
  down
• 33:16
  the
• 33:16
  road,
• 33:16
  I
• 33:17
  need
• 33:17
  to
• 33:17
  go
• 33:17
  get
• 33:17
  credit
• 33:18
  and
• 33:18
  all
• 33:18
  of
• 33:18
  a
• 33:18
  sudden
• 33:19
  I
• 33:19
  find
• 33:19
  out
• 33:19
  there's
• 33:20
  all
• 33:20
  these
• 33:20
  things
• 33:20
  on
• 33:20
  my
• 33:20
  report
• 33:21
  and
• 33:22
  get
• 33:22
  that
• 33:22
  IRS
• 33:22
  pin.
• 33:24
  So
• 33:25
  just
• 33:25
  think
• 33:25
  about
• 33:25
  one
• 33:25
  step
• 33:26
  that
• 33:26
  you
• 33:26
  can
• 33:26
  take,
• 33:26
  just
• 33:27
  one
• 33:27
  step
• 33:27
  this
• 33:27
  week
• 33:28
  of
• 33:28
  any
• 33:28
  of
• 33:28
  these
• 33:28
  are
• 33:29
  impacting
• 33:29
  you.
• 33:30
  If
• 33:30
  you're
• 33:30
  thinking
• 33:30
  about
• 33:31
  retirement
• 33:31
  or
• 33:31
  you're
• 33:31
  getting
• 33:32
  close
• 33:32
  to
• 33:32
  retirement,
• 33:32
  run
• 33:33
  the
• 33:33
  math.
• 33:35
  I
• 33:35
  also
• 33:36
  want
• 33:36
  to
• 33:36
  remind
• 33:36
  you
• 33:36
  of
• 33:36
  this
• 33:37
  Financially
• 33:38
  confident
• 33:38
  Christian
• 33:39
  has
• 33:39
  a
• 33:39
  daily
• 33:39
  episode
• 33:40
  that
• 33:40
  drops
• 33:40
  every
• 33:41
  single
• 33:41
  morning.
• 33:42
  You
• 33:42
  can
• 33:42
  get
• 33:42
  signed
• 33:43
  up
• 33:43
  for
• 33:43
  that
• 33:43
  by
• 33:43
  going
• 33:43
  to
• 33:44
  financiallyconfidentchristian.com
• 33:45
  and
• 33:46
  as
• 33:46
  I
• 33:46
  said,
• 33:46
  if
• 33:47
  you
• 33:47
  want
• 33:47
  to
• 33:47
  join
• 33:47
  our
• 33:47
  Patreon
• 33:48
  community
• 33:48
  again,
• 33:49
  it's
• 33:49
  financiallyconfidentchristian.com
• 33:52
  join
• 33:54
  friend.
• 33:54
  Your
• 33:54
  financial
• 33:55
  situation
• 33:55
  doesn't
• 33:56
  define
• 33:56
  your
• 33:56
  worth.
• 33:57
  I
• 33:57
  just
• 33:57
  want
• 33:57
  to
• 33:57
  say
• 33:57
  that
• 33:57
  from
• 33:57
  the
• 33:58
  beginning.
• 33:59
  Everybody
• 33:59
  struggles
• 33:59
  with
• 34:00
  their
• 34:00
  finances
• 34:00
  from
• 34:00
  time
• 34:01
  to
• 34:01
  time,
• 34:02
  but
• 34:02
  your
• 34:03
  willingness
• 34:03
  to
• 34:04
  face
• 34:04
  your
• 34:05
  situation
• 34:05
  does
• 34:06
  define
• 34:06
  your
• 34:06
  worth.
• 34:08
  Well,
• 34:08
  that's
• 34:08
  our
• 34:08
  financially
• 34:09
  competent
• 34:09
  Christian
• 34:10
  live
• 34:10
  for
• 34:10
  this
• 34:10
  Friday.
• 34:10
  Again,
• 34:11
  I'm
• 34:11
  Ralph
• 34:11
  Estepp
• 34:12
  Jr.
• 34:12
  I
• 34:12
  want
• 34:12
  to
• 34:12
  thank
• 34:13
  you
• 34:13
  so
• 34:13
  much
• 34:13
  for
• 34:13
  being
• 34:14
  here.
• 34:14
  As
• 34:15
  I
• 34:15
  always
• 34:15
  say
• 34:15
  on
• 34:15
  the
• 34:15
  Daily
• 34:16
  show,
• 34:16
  stay
• 34:16
  financially
• 34:17
  savvy.
• 34:18
  May
• 34:18
  God
• 34:18
  bless
• 34:19
  you,
• 34:19
  and
• 34:19
  I'll
• 34:19
  see
• 34:20
  you
• 34:20
  again
• 34:20
  next
• 34:20
  Friday
• 34:20
  on
• 34:21
  the
• 34:21
  show.
• 34:21
  Take
• 34:22
  care.
• 34:22
  My.
• 34:29
  Division,
• 34:31
  we
• 34:31
  ride,
• 34:40
  We
• 34:40
  rise.