Latest / Billy & Lisa in the Morning / Classic Moment: Cash is Cringe

Transcript

Classic Moment: Cash is Cringe · Billy & Lisa in the Morning

• 0:00
  Speaker 1: I wanted to say that for Venmo, for me, I'm
• 0:02
  Speaker 1: in my 20s. I use Venmo for, like, everything.
• 0:04
  Speaker 2: Never carry cash.
• 0:05
  Speaker 1: My dad, on the other hand, solely carries cash. And, like,
• 0:09
  Speaker 1: I've never even seen him, like, use Venmo in his life.
• 0:12
  Speaker 3: And to me, using cash, I'll use it as fake money.
• 0:15
  Speaker 1: I'll buy a scratch ticket, whatever. But Venmo, I'm, like, budgeting.
• 0:17
  Speaker 1: I'm knowing what I'm using that money for. So that's
• 0:20
  Speaker 1: my take.
• 0:20
  Speaker 4: That's a good point.
• 0:21
  Speaker 5: If you're buying Powerball or Mega Millions, you've got to
• 0:23
  Speaker 5: pay cash. Yes, you do.
• 0:25
  Speaker 1: Right.
• 0:26
  Speaker 3: But then again, the convenience store will have an ATM
• 0:28
  Speaker 3: like right to your right or left.
• 0:30
  Speaker 5: They always do.
• 0:31
  Speaker 1: I don't want to pay the fee.
• 0:33
  Speaker 6: Oh, God.
• 0:34
  Speaker 3: Okay.
• 0:35
  Speaker 4: I buy my tickets on that app. Oh, right. Jack's Pocket.
• 0:38
  Speaker 5: You can buy Mega Millions. To save the fee or
• 0:41
  Speaker 5: the hassle.
• 0:42
  Speaker 4: There is a fee.
• 0:44
  Speaker 6: Yeah.
• 0:44
  Speaker 4: But it's more convenient. I don't have to go to
• 0:46
  Speaker 4: the store. I can do it from my house.
• 0:47
  Speaker 6: Yeah.
• 0:47
  Speaker 3: My wife, Michelle, does it online if she buys Powerball
• 0:50
  Speaker 3: or Mega Millions. Both, by the way, are over the
• 0:52
  Speaker 3: top right now. One is over $ 700 million.
• 0:54
  Speaker 4: The other is over $ 800 million.
• 0:56
  Speaker 5: And who's up next? We got Ashley and Taunton.
• 1:01
  Speaker 4: Ashley, what's up?
• 1:03
  Speaker 1: Hey, so you guys were talking about the penny shortage thing,
• 1:06
  Speaker 1: and I'm a commercial manager for an auto parts store,
• 1:09
  Speaker 1: and we went to go get change from the bank,
• 1:11
  Speaker 1: and they were like, oh, no, we have nothing, no
• 1:14
  Speaker 1: pennies for you. You're going to have to figure something out.
• 1:17
  Speaker 1: So then I sent an email out saying, hey, what
• 1:19
  Speaker 1: are we doing with this? And they're like, well, we're
• 1:21
  Speaker 1: going to have to round. If it's eight or nine,
• 1:23
  Speaker 1: you go up. If it's, you know, six or seven, ha-ha,
• 1:26
  Speaker 1: you round down.
• 1:28
  Speaker 5: So as a business, you need the pennies to issue change, right?
• 1:32
  Speaker 6: Right.
• 1:33
  Speaker 1: So now we have this, you know, little paper sign
• 1:35
  Speaker 1: on the door saying, please come in, you know, with
• 1:37
  Speaker 1: exact change because we don't have anything.
• 1:40
  Speaker 3: Well, maybe we can do a deal because I have
• 1:42
  Speaker 3: an entire Belmont Springs giant bottle.
• 1:46
  Speaker 5: Full of pennies.
• 1:47
  Speaker 2: You come right on in.
• 1:48
  Speaker 1: I'm sure they'll be very happy.
• 1:50
  Speaker 5: Actually, just take them off my hands. You can have them.
• 1:53
  Speaker 5: I'm just saying. Thank you for the call.
• 1:55
  Speaker 6: Pennies.
• 1:55
  Speaker 5: That's a big story, Justin.
• 1:56
  Speaker 4: No, it really is. I saw a whole story on it.
• 1:58
  Speaker 4: You should save your pennies. They could be worth money
• 2:00
  Speaker 4: in the future.
• 2:01
  Speaker 6: Wow.
• 2:02
  Speaker 4: So do you have pennies at home, Bill?
• 2:03
  Speaker 5: Tons of pennies.
• 2:05
  Speaker 3: Yeah.
• 2:05
  Speaker 4: Hold on to them. They're not making them anymore. It's
• 2:08
  Speaker 4: like the $ 2 bill. I have $ 2 bills at home.
• 2:10
  Speaker 5: I do, too. I have a couple.
• 2:12
  Speaker 6: Yeah.
• 2:13
  Speaker 5: Who are the people who are going to buy pennies?
• 2:15
  Speaker 4: Well, coin collectors, people that buy those type of things.
• 2:18
  Speaker 2: You never know.
• 2:19
  Speaker 5: You could be sitting on some rare penny. I could
• 2:22
  Speaker 5: have a fortune in that plastic bottle. You could have
• 2:24
  Speaker 5: a fortune if it's the right year.
• 2:25
  Speaker 4: If you actually go by the dates and look it
• 2:28
  Speaker 4: up online that the penny was made, they could be
• 2:30
  Speaker 4: worth some money.
• 2:31
  Speaker 5: Oh, wow.
• 2:32
  Speaker 4: Yeah, just saying.
• 2:33
  Speaker 7: What you guys just said about the Venmo transactions and
• 2:36
  Speaker 7: watching what your friends send was so funny. I laughed
• 2:38
  Speaker 7: out loud. My mom, she doesn't really use a lot
• 2:40
  Speaker 7: of social media and stuff. But once in a while,
• 2:43
  Speaker 7: she'll call me and just be like, oh, did you
• 2:46
  Speaker 7: see your friend Sarah from high school was sending money
• 2:48
  Speaker 7: to this other girl that we know? you know, from
• 2:50
  Speaker 7: high school. Hmm, wonder what they were doing. I didn't
• 2:52
  Speaker 7: know they were still friends. And it's so weird. She's
• 2:54
  Speaker 7: like stalking people on Venmo. It's pretty funny. It cracks
• 2:57
  Speaker 7: me up.
• 2:58
  Speaker 4: I'm telling you, it's one of my favorite things to do.
• 3:00
  Speaker 4: And so when I send my wife money, I always
• 3:03
  Speaker 4: leave a funny comment or emoji. So I'll leave like
• 3:05
  Speaker 4: an eggplant or a peach emoji.
• 3:08
  Speaker 5: God.
• 3:09
  Speaker 4: So, you know.
• 3:09
  Speaker 3: This could be my new pastime. I'm going to track
• 3:12
  Speaker 3: people on Venmo, see what they're up to.
• 3:13
  Speaker 4: Well, then my friends will message me. They'll see it
• 3:15
  Speaker 4: because they're scrolling too. They're scrolling the Venmo too. And
• 3:18
  Speaker 4: they'd be like, oh, that's interesting. An eggplant emoji. Why'd
• 3:21
  Speaker 4: you send her money for? It's fun. I'm telling you.
• 3:25
  Speaker 6: I love to scroll Venmo. It's so funny to see
• 3:27
  Speaker 6: what husband and wife are paying each other for.
• 3:31
  Speaker 1: And also, it's just like another one of my social
• 3:34
  Speaker 1: medias that I scroll.
• 3:36
  Speaker 4: It really is like a social media.
• 3:38
  Speaker 5: Okay, this is going to be my new hobby.
• 3:39
  Speaker 4: Bill, you should do it.
• 3:41
  Speaker 5: I come in with stories every morning. Hey, you hear
• 3:43
  Speaker 5: what happened on Venmo yesterday.
• 3:45
  Speaker 4: Oh, why is he sending her that.
• 3:47
  Speaker 5: Amount of money? What's going on there?
• 3:49
  Speaker 4: That cheap prick. I love cash, and the reason I
• 3:53
  Speaker 4: love cash is.
• 3:54
  Speaker 8: Because of Girl Mass.
• 3:55
  Speaker 2: If I have cash and I use it to go
• 3:58
  Speaker 2: buy a cup of coffee or a nice shirt, That
• 4:01
  Speaker 2: shirt or coffee is basically free.
• 4:03
  Speaker 8: Because it's not being taken out of my account. So
• 4:07
  Speaker 8: I'm team cash.
• 4:08
  Speaker 4: It is so true.
• 4:09
  Speaker 8: It's like you just don't.
• 4:11
  Speaker 5: Think about it. Yeah.
• 4:12
  Speaker 4: I actually have.
• 4:13
  Speaker 5: It's like magic money.
• 4:15
  Speaker 4: I have $ 120 in cash at my house that was
• 4:17
  Speaker 4: given to me like a week ago. It's in my cabinet.
• 4:20
  Speaker 4: And I'm going to use it this weekend. It is
• 4:22
  Speaker 4: like free money.
• 4:23
  Speaker 8: Yeah.
• 4:24
  Speaker 4: Even though I lent it to somebody digitally, they gave
• 4:26
  Speaker 4: it back to me in cash. It's like, you know,
• 4:30
  Speaker 4: free money.
• 4:30
  Speaker 3: Yeah, I go through that all the time because if
• 4:32
  Speaker 3: I pay cash for something, it doesn't appear in your accounts.
• 4:35
  Speaker 1: Right.
• 4:35
  Speaker 5: You know, so there's no information available.
• 4:37
  Speaker 4: It's just gone. It's free money. Venmo feels like free money.
• 4:41
  Speaker 3: It's just money that's sitting in an account that you
• 4:44
  Speaker 3: kind of forget about here and there.
• 4:47
  Speaker 6: But, I mean, that's how I get all my free Starbucks.
• 4:51
  Speaker 8: Girl math.
• 4:53
  Speaker 4: See, everyone's on board. You know what's cringe? Taxes.
• 4:58
  Speaker 6: The last thing I want to do is a job
• 5:00
  Speaker 6: for someone and have them send me a Venmo to
• 5:05
  Speaker 6: create a paper trail to pay more taxes.
• 5:09
  Speaker 4: That's actually a good point too. Yeah, yeah, yeah. It
• 5:12
  Speaker 4: does create a paper trail.
• 5:14
  Speaker 3: Well, I got a text from a friend of mine.
• 5:15
  Speaker 3: It said cash is king with small businesses. That's what
• 5:18
  Speaker 3: he's talking about right there.
• 5:20
  Speaker 4: Yeah, yeah. Or even if you do work for somebody
• 5:24
  Speaker 4: and they pay you in Venmo, you'd probably prefer cash.
• 5:28
  Speaker 5: They absolutely would prefer cash.
• 5:30
  Speaker 4: Yeah, especially like a side job or whatever.
• 5:32
  Speaker 5: Yeah.
• 5:33
  Speaker 4: Because then they want their money. They're going to come
• 5:35
  Speaker 4: get it.
• 5:35
  Speaker 8: My place of business just got hacked on a Zelle payment.
• 5:41
  Speaker 8: So the vendor that I was paying, their email actually
• 5:44
  Speaker 8: got intercepted, and the other person sent me their Zelle information.
• 5:53
  Speaker 8: So we've reported it, and we're working on getting that
• 5:55
  Speaker 8: money back. But it's a process, and it was a
• 5:57
  Speaker 8: $ 2, 300 loss. Oh, what a nightmare.
• 6:00
  Speaker 3: Ouch.
• 6:02
  Speaker 4: What a nightmare.
• 6:03
  Speaker 5: I'm not familiar with Zelle. What's the difference?
• 6:05
  Speaker 4: It's to send money.
• 6:06
  Speaker 5: Yeah, same thing.
• 6:07
  Speaker 4: Through your bank account.
• 6:08
  Speaker 6: Yep.
• 6:08
  Speaker 4: Ah, okay. Yeah, they have Zelle, Venmo, PayPal. Let's go
• 6:11
  Speaker 4: to Paige in Haverhill, line one.
• 6:12
  Speaker 5: Hey, Paige, what's your story? Cash is king?
• 6:15
  Speaker 2: Okay, cash is not king. Listen, I used to live
• 6:18
  Speaker 2: down in Fort Myers, Florida for a couple years, and
• 6:22
  Speaker 2: I was downtown. I got mugged. They took all my cash.
• 6:25
  Speaker 2: I had like $ 200 in cash, and I have yet
• 6:28
  Speaker 2: to carry cash in my purse again.
• 6:31
  Speaker 5: You got mugged in Fort Myers, Florida?
• 6:35
  Speaker 2: I did, and I went to the cops, and there
• 6:38
  Speaker 2: was no video anywhere around, so literally nothing could be done.
• 6:42
  Speaker 1: They got away with it.
• 6:43
  Speaker 5: Did you suffer injuries?
• 6:46
  Speaker 2: No, literally just, I say mugged. I got pushed to
• 6:49
  Speaker 2: the ground. They grabbed my bag and ran. But I
• 6:52
  Speaker 2: had to get a whole new license. I had to
• 6:54
  Speaker 2: get a whole new credit card, everything. It sucked so bad.
• 6:57
  Speaker 2: So now I will not carry cash.
• 6:59
  Speaker 4: All right.
• 7:00
  Speaker 3: That's another good reason to not carry cash. Is it
• 7:03
  Speaker 3: too late for me to become a Gen Z?
• 7:06
  Speaker 4: I think so. I think you've passed the expiration date
• 7:10
  Speaker 4: on that bill.