Peter Dunn: [00:00:00] Since I became a parent on March 12th, 2009, I have been waiting for one singular moment, one moment that would define my family for generations to come. And that moment happened this week. Welcome to the Paint the Planner show. Kristen Alanius joins us here as co host this week. Kristen, first time on the show.
How are you?
Kristen Ahlenius: You know, I am really nervous. I'm nervous.
Peter Dunn: We are. Yes, you are. No, Kristen, before I tell you about the life changing moment that I had this week. Let's go a little behind the scenes as they say inside baseball. And before I go inside baseball, let's go very inside baseball at what was called my first air check.
When I first got a radio show back in 2009, here's what happened. I sat down with my executive producer. It was a gentleman by the name of Scott Roddy, who was like an old time disc jockey, and he said, His, his air on air name [00:01:00] was records. Roddy Scott records, Roddy and a amazing voice and he's sitting down and now he's in management and he's got me.
As this weekend host that's doing things. And he said, you know, I listened to your show. I was like, thanks records. And he said, actually, by the way, off the air, radio meetings are like, how are you doing? How are you doing? How are you doing? And it's like, all people are like out like
Kristen Ahlenius: that.
Peter Dunn: No, it's true. And he was like, you don't have noticed about your show is that you do a lot of inside baseball.
And I was like, Oh, what, what does that mean? And he was like, what it means is you're talking about. The mechanics of the show on the show. And you just shouldn't do that. So it's in that spirit that I want to talk about the mechanics of this show within the show. So that was like insight, insight, baseball, Kristen, you showed up with a minute to spare to this here platform today, which is sort of my move, right?[00:02:00]
And you guys all freak out and then show up your Mike's barely working. And then, and so now boy, have the turntables have turned.
Kristen Ahlenius: Yeah, the turns do table because I can't tell you how many times when I first started to be on this show that I would slack Damien and be like, still don't have a link from Pete and he would be like, he'll send it.
It might be five minutes before the show, but he's going to send it. And I literally showed up with like two minutes to spare because I was still prepping the news because we're without Damien.
Peter Dunn: Do we know where Damien is? I know he's not here. Are we allowed to say where he is? I don't know where Damien is.
I know he's off.
Kristen Ahlenius: Right, he's not, I don't, but I don't remember where.
Peter Dunn: So the moment I've been waiting for, since March 12th, 2009, is for one of my children to have their school schedule arrive in my email inbox. Because even Kristen, back in 2009, email was a thing. And for that schedule to [00:03:00] indicate they're taking a course in, Personal finance, young Theodore Patrick done got his schedule last week and it said right there Personal finance and I thought to myself Man, i'm so excited for this.
Kristen Ahlenius: I could not be more thrilled and I have questions and Call, you know that inside baseball. I just want to know are you going to tell him to study up on market temperance? Wow,
Peter Dunn: wow, Kristen, there's updates on that story to you brought it up. You always tell me not to bring it up and then you just brought it up.
Kristen Ahlenius: I didn't bring it up. I brought up the joke. I did
Peter Dunn: two more lawsuits. So I'm really excited for him to take personal finance. I'm really interested to know what professional educators teach a seventh grader. about money. You think
Kristen Ahlenius: he's going to get a fake checkbook?
Peter Dunn: That's a great question. Here's what I'm going to do though.
Here's what I'm going to [00:04:00] do. When he learns, however, he's going to learn how to manage his money. I'm going to email the teacher and I'm going to say just simply the following, Hey, I listened to a lot of Dave Ramsey and you're not teaching the envelope cash system. And I find that personally offensive.
That's what, that's what I'm going to do.
Kristen Ahlenius: Yeah. Send it from your work email too.
Peter Dunn: I absolutely will. Here's the weird thing, maybe not weird, maybe cool, I don't know what it is. The entire district of teachers, of which Young Theodore goes, are your Moneyline participants, so they can actually call, like, the teacher can call us, talk to someone from your team.
And
Kristen Ahlenius: be like, hey, help me
Peter Dunn: teach
Kristen Ahlenius: these kids about money. Yeah!
Peter Dunn: Or they, you can call and be like, yeah, Hey, some over involved type a caramel parent called me and emailed me and I just want to check with you all of whether that makes sense. And then you all have to buy employment obligation, be like, no, that man is right.
Kristen Ahlenius: He's a [00:05:00] genius. Actually, he is a genius. He says,
Peter Dunn: Jason asked a really good question. Jason, what stadium is that? I'm not a big baseball person, but in your picture, what stadium is that? What does a seventh grader need to know about personal finance that feels like a high school class at minimum? Yeah, it's an interesting question, but I mean, not, not that I'm a parenting expert, believe me, I'm not, but that's when we really hardcore started teaching our daughter about finance because they can get little dumb jobs.
Like she was a soccer ref and these sorts of things. So you got to know how the cash flows that way. Texas Rangers 2024 all star game is the answer. Cool. Oh, Chris and office Olympics here today at your Moneyline HQ.
Kristen Ahlenius: Must be nice.
Peter Dunn: Hey, you know, you got a car, right?
Kristen Ahlenius: Yeah, I'm going to drive two hours to participate in the office Olympics to drive two hours back.
Yeah.
Peter Dunn: Here's how we did it. Everyone had to bring a food representing a country and then we have a series of games we're breaking into teams and then we're going to have the office Olympics winner. [00:06:00] I brought Belgian waffles to represent Belgium.
Kristen Ahlenius: Are you worried about a worker's comp claim?
Peter Dunn: No. And Andy actually is asking the question in a different way.
Andy asks, what are some of the events? They're very low key. We've got trashcan basketball, which is just more of a free throw shoot. We've got eggs on spoon races. That's a little active. We've got a marker roll. We're going to have a table and you got to roll a marker without having it fall off. We've got paper airplane distance contest.
Kristen Ahlenius: Do you have safety glasses? Oh Lord. I'm just curious.
Peter Dunn: All right, Kristen, are we ready to do some things?
Kristen Ahlenius: No. What? Damien's gone. I, if
Peter Dunn: I try not to do this, but I'm going to have to do it. As one of the most influential people in the state of Indiana. I'm totally kidding. I mean, I am, but I'm not, you know what I mean?
I'm not kidding, but I am [00:07:00] kidding. I know it's so awkward. Okay. What's been your favorite Olympics event so far?
Kristen Ahlenius: I do women's rugby low. I follow her on social media. I just think that she's incredible and very, very, very happy for them.
Peter Dunn: That was really awesome. My brother. Oh, my family Olympic update.
My brother in law's swimmers have won two medals so far. Nice. Got a silver for Drew Kibler and then a silver for Alex Shackle in the relay yesterday. So that's nice. That's, that's sort of fun.
Kristen Ahlenius: It's so crazy to think how small the world sometimes feels. And that's one of those examples of like, you know someone who is there at this world event.
Like, yeah,
Peter Dunn: let's take that two steps further in a very weird way. Okay. And you don't know this yet. You don't, you do not know this. So there is One of our board members [00:08:00] for your money line, one of our investors and board members was the family that runner Allie Wilson nannied for. I don't know if you know this story about 800 runner, 800 meter runner, Allie Wilson.
She is, she, you're going to, when you watch track and field, you're going to see the story about this runner that went and changed her training and moved to Indianapolis so she could train. But then she, her part time job was a nanny for a family. She nannied for one of our board members, and I didn't know that until yesterday.
There was an article in the Indianapolis Star, which apparently is a newspaper and it detailed the whole thing. And then, and so their family's going over to watch. Another one of our board members currently in Paris at the Olympics, who also swam at Carmel. What are the chances? Probably not high. I know.
Oh, look at Danza finding religion. Danza, God Day to [00:09:00] you as well.
Kristen Ahlenius: How? You can always count on Pete to call out your spelling mistakes. That
Peter Dunn: wasn't a, she found Jesus. That was not a spelling mistake. I think Danza's saying God Day.
Kristen Ahlenius: I don't think she is.
Peter Dunn: I believe she is. I
Kristen Ahlenius: think that was supposed to be inside baseball and she accidentally didn't hit the double oh there.
Peter Dunn: God day, Danza. And god day to you,
Kristen Ahlenius: Kristen. I'm sorry, Danza.
Peter Dunn: I don't know what I got in the tank today. This is one of those days, it could be good, it could be terrible.
Kristen Ahlenius: Great. Glad. It's
Peter Dunn: feeling on a razor's edge. Okay. Let's do some stuff. Okay. What do we do? What do we do now? Okay. I sent you those two questions.
Yes. Let's start with, Oh, are we in a recession? I hate this question. Well, I mean, it technically kind of triggered this morning. A, a, a recession. Alert, [00:10:00] recession, trigger went off this morning. Hold on, let me do the, let me do the news story here.
Kristen Ahlenius: Should we save this for the show, considering we don't have a third segment?
Peter Dunn: Here's about the radio audits. What have they ever done for me? Nothing. Literally, I was, I was, I've been in the car with my family when they've turned off my radio show. I'm like, I'll be in the car on a Sunday, it's on, and my wife is like, do we have to listen to this? And I'm like,
Kristen Ahlenius: yeah,
Peter Dunn: that's
Kristen Ahlenius: I didn't know she wasn't a fan of Damien and I, I'll have to let him know.
Peter Dunn: Oh no, I think her disdain for me really,
Kristen Ahlenius: Like we can't make up for it?
Peter Dunn: No. No, she likes me. As I'm told via fax, the rise in the unemployment rate brings into play the so called SOM rule, which states that the economy is in a recession when the three month average of the jobless level is half a percentage point higher than the 12 month low.
Yeah. I mean that for Friday to be able to sort through [00:11:00] what in the heck that means I can't do it.
Kristen Ahlenius: Yeah. That sounds like gobbledygook to me, but that does bring up a really interesting point of the. Disconnect between state statements like that, statistics like that and how people actually feel.
Peter Dunn: Yeah, the chief economist for LPL says the latest snapshot of the labor market is consistent with a slowdown, not necessarily recession.
And as we go two weeks in a row of not talking about politics on this show you got to think one campaign might be shouting from the rooftops. We're in a recession, starting right now. Oh, yeah. What do you think?
Kristen Ahlenius: The, the, the tweets, well, they're not called that anymore, but they were already flying, I'm sure.
Peter Dunn: The truths.
Kristen Ahlenius: Excuse me.
Peter Dunn: Alright, well, let's, oh, oh, breaking dumb news. What? I hate it. I hate it right here. Let's timestamp this 10 [00:12:00] 12. No one's dead. Don't worry It had like a someone's dead feel to it. Didn't it
Kristen Ahlenius: a little bit? Yeah, no one's dead
Peter Dunn: I mean lots of people are dead but like Ain't something like right now, but like that's not the news Let's hear kristen's laughter.
It feels like a reward
Kristen Ahlenius: not today.
Peter Dunn: Oh Morgan stanley tells wealth advisors. They can pitch bitcoin etfs in a first for major wall street firms
Kristen Ahlenius: Great.
Peter Dunn: Let's start this show. Okay, let me start this show. Everyone calm down. Calm down, Kristen.
Kristen Ahlenius: I am as calm as they come.
Peter Dunn: Three, two, one. This week on the Pete the Planner Show, we answer your money questions. Here's how the show works. You email us askpete at pete the planner dot com. That's askpete at pete the planner dot com and here's what happens.
Let me answer your question. We got two such emails today and they will be the basis for our conversation. A conversation cannot be one sided. There needs to be another voice, [00:13:00] another set of ears. And that's why I welcome Kristen Lanius to the stage. Kristen, hello.
Kristen Ahlenius: Hello. How are you?
Peter Dunn: I'm delightful. How are you?
Kristen Ahlenius: Good, but not, but no one ever says that.
Peter Dunn: Oh yeah. You want to talk about it? Let's let's do this. Let's punt the show today. And let's go deep inside of what's happening in your life. How's your life?
Kristen Ahlenius: I feel like I'm pulling a Peter Dunn, which is what you usually do when we're recording the show is you're trying to not look at your email because you're waiting on news that could like make or break your day.
And I am in that boat currently waiting on news that's going to probably ruin my weekend. And I'm trying to not look
Peter Dunn: professional news.
Kristen Ahlenius: Well, hopefully not. I mean,
Peter Dunn: Hey, Kristen. I did schedule a 4 p. m. with you today. Great. Or anyway, we're on the radio. Kristen email came in. Let's address it. Hi, Kristen and co.
I recently sold my house for a much larger sum than I [00:14:00] expected and relocated due to a job change. Can I get a time out here?
Kristen Ahlenius: Dame's not here. So no.
Peter Dunn: Oh, well, I'll take one. So here's the thing. What's interesting about this first sentence is this, this question can go a lot of different directions, but it can either be really good or really bad because although they sold for a large amount, it just depends where they moved.
Kristen Ahlenius: Exactly. Exactly. We, I had someone I was working with last year who this exact scenario happened to them, but they moved to a place that's like three times as expensive. So you just never know.
Peter Dunn: With this new job, I'm making about 10 percent more than I did before the move. Also, I, it's another time out.
That could be indicative of moving to a city where, where there's higher wages, cost of living is higher. So again, we're right on the edge. Given the uncertainty of the new area, I decided to rent first to ensure I picked the right place to settle down. I know I'll need a significant portion of the proceeds from the house sale when I eventually buy a new home.
I'm [00:15:00] trying to balance spending on the now. Was saving for my potential future home purchase. I've done without for most of my twenties and want to buy a few things for myself, but I also want to ensure I don't dip in to these funds too much. My questions are these, how do I decide how much is okay to spend now?
Where should I put the funds until I'm ready to buy? The soonest I would buy is in a year, but I'm fine renting for longer. How do I protect these funds? from being spent once I start. Thanks, Gladys. I think it's a fake name because this person says they're in their 20s. I've not met a Gladys in their 20s.
I have not either. No, I don't think I've met a Rick in their 20s. All right. So Kristen, where, where shall we begin?
Kristen Ahlenius: You know, Pete, I think with some of our prior experiences, the thing that scares me the most is their third question, which is how do I protect these funds from being spent if I start?
Because how many times. In your financial wellness advising [00:16:00] planning, whatever word career, have you seen someone just like, and it's gone?
Peter Dunn: I've done that personally. Like, like, so here's the theory on that is. Okay, let's say you got a chunk of money, and then you spend it on a dumb idea. And then the next idea comes along that's actually better than the dumb idea, so it feels justified because it's not as dumb as the dumb idea, so you spend it again, but it's not objectively smart, it's actually still dumb, it's just lower on the dumb spectrum.
And so, I don't know, I think that's the most dangerous question, but I also think it's the easiest question to answer, which is, oh wait, you pursed your lips.
Kristen Ahlenius: I, well, I'm waiting to hear the answer. What is it?
Peter Dunn: I think the answer is You, you move whatever you're putting for the down payment off to the side and put it in account that you don't transact in in any way or shape or form.
Kristen Ahlenius: But my, okay, so yes, while I agree with that, theoretically, it's so hard to actually do that in the [00:17:00] technology driven world that we live in. It's, it takes a couple clicks. It takes three clicks for you to justify linking the cash reserve account you have at Betterment to your checking account with your local bank.
And then suddenly you've made a withdraw and it's there. And it's just too easy.
Peter Dunn: It is too easy, but I think I like to call this the three. It's the, this, the envelope method. I've come up with this. There's three envelopes, it's virtual cash. I have not come up with an envelope method, by the way, there's three things.
Number one, you can put the down payment money in a separate account. You also have to make this sure that your emergency fund is separate from that and is left. And then the third one is. The live a little, I don't, I don't know. But where I get nervous is where someone has like these high interest bearing accounts, like a 5 percent Betterment account, and they just pull all their money there, their emergency funds, their, their down payment [00:18:00] monies, their, their fun money is the kids call.
A lot of the kids are calling it that these days, everyone's calling it that. And then. Chris, and to your point, that conduit back to your checking account gets real convenient, real fast, and that's where I get nervous.
Kristen Ahlenius: Yeah, I do think that the funds have to be kept separate. I think this person needs to know what does emergency savings look like with my new reality.
To your point, maybe the cost of living is higher here, so even though they might need less because they're not a homeowner, maybe they need more because general expenses are higher. I agree. They do need to decide how much is okay to spend, which is one of the things they explicitly asked us that we've conveniently just kind of gone around so far.
But then I mean, yeah, putting it in the remaining funds that you don't want to spend. Maybe you open a totally separate account and you can only go in person like certain hosts of this show.
Peter Dunn: That's what I like to do. You know, this is actually, there's a tricky part to this is, you know, how much [00:19:00] should I put towards the down payment of the home?
This is really, really a very difficult question because we're in a very dynamic time. With what housing prices are going to do within the next 12 to 18 months. This is a prediction. I know we're not a prediction show. You're going to see housing prices take off like nuts in the next 12 to 18 months.
So whatever they set aside is not going to be enough 12 to 18 months from now.
Kristen Ahlenius: Right? Yeah. Because interest rates come down, but then in theory, the pool of buyers gets larger. I think some people are making it seem like it's going to be maybe more than it is. And we don't know exactly how that'll, that'll work, but this person, this can be dangerous too, but maybe just looking at, Hey, if you're.
Feeling like you're liking the area you're in now. What would it take to get into a home and then aligning that with when do you want to be mortgage free as well? Because this person, I think it sounds like they're in their thirties. Cause it says I spent most of my twenties without, I could be wrong about that.
But if they're in their thirties, if [00:20:00] 59 and a half. Are we already working toward a more condensed mortgage repayment timeline Your 30 year conventional loan.
Peter Dunn: I would love to know too, if these people did move to a more expensive city, I, you, the clues are kind of there, but I don't know because it's quite possible.
I don't think it's, it's reality, but it's quite possible. They moved to a less expensive city and got a higher wage, like the double double. Right. And then that would be good. But I, I just doesn't seem that way. So Kristen, to your earliest point you made here, The danger in all of this is that they don't have a good strategy.
And so then they just whittle that account down. And then 18 months from now, they're in big trouble, but they just, they're in a less advantageous housing situation.
Kristen Ahlenius: Exactly. And then five years from now, they're going to hate today them for not being more proactive about this. This is one of those, like the potential for them to [00:21:00] say, I wish I would have in about five years from now, the threat has never been greater for that conversation.
So
Peter Dunn: Kristen identifies self hate as a, that was aggressive. Well, you know, so in Indiana, where we broadcast the show from a reasonable cost of living, all things considered, and I realize that's a relative term, what you'll find is people from very expensive real estate markets like a New York or an LA or San Francisco or wherever, they will sell a home there.
Move here not necessarily get a wage increase because that's not likely to happen based on on average wages here But they are likely to go into a market with lower priced homes And with that did we take a break and we try to stop the self aid. Okay, let's do this Let's take a break come back. We've got another question.
This one's about Money conversations. I think we'll do that next right here on the pizza planner show. I'm Pete, the planner. All right. Well, we did [00:22:00] that, right? Sure. Did who needs Dame? Who needs that guy? We do. We do. Yeah. So I was just thinking, I'm sorry. He was like, yes, we absolutely do. Who do you think wins the office Olympics today?
Who do you think here is good at parlor games?
Kristen Ahlenius: It's. If Oz was there, I would say her, but because she's not, I feel like it's a little more difficult and I'm going to go. I feel like Angela, is she there today? I haven't seen her yet. I think loves loves wins everything. Is there a gift card on the line?
Peter Dunn: I don't know. That's a good question. I'm in charge, so I don't know.
Here's a funny story about one of our coworkers, kind of. So our, our, our lovely coworker Oz, who just moved to Rochester. She's trying to make friends. Like there's no one better in the world at making friends. I don't know if you've ever been a young single person who moves to a new city and then you're forced to go make friends, but Oz and her partner moved to this new place and she already.
Made friends in one place and now she's making new friends in this place. And so last weekend or two weekends ago [00:23:00] she had some friends that are in a volleyball league or something like that. Now, Oz was a dominant volleyball player in, in middle school and high school and she's six feet tall.
Kristen Ahlenius: Yeah. Cause she's like 10 foot tall.
Peter Dunn: Can you imagine? That you're just some fun young single in Rochester and you meet a new person like on the cusp of, oh, your, your weekly volleyball game. And that young person is six feet tall and a dominant volleyball player. It's like the greatest thing that's ever happened to you.
Kristen Ahlenius: Yeah. I'm sure that's a hard position to be into because when you're trying to make friends, you don't want to like annihilate them at the game that you're trying to play. So
Peter Dunn: she's a friend until she smashed him in the face with a kill shot. Okay, maybe that's just funny to me. I've been laughing about that for a week and a half and I, it might not actually be at all interesting to anyone else, but that's most of my life.
Okay.[00:24:00]
Christian, what are you doing this weekend?
Kristen Ahlenius: I'm hosting dinner tonight. I have to like family parties. I know tomorrow and then I think I can't remember what I'm doing Sunday. Potentially, there could be big things on the horizon. I'll know it like 3 PM today.
Peter Dunn: Well, Jamie Christmas. I know. What are you making for dinner tonight?
Is it a pitch in or a potluck? What are the, what are the Hoosiers call it? What do we call it? What do we call it? I say like a pigeon.
Kristen Ahlenius: I call it BYOB. We, so last night at like 9pm, my dad and my sister called me, they live across the street from each other. And they were like, so are we doing this dinner?
And I said, I guess and I was like, whose house are we going to go to dad's house? And they were like, Oh, we can come to your house. I'm like, but you guys live across the street from each other. So you're going to. Come to my whatever. Yeah, so I am in very on brand making burgers on the [00:25:00] Traeger. I,
Peter Dunn: I think this weekend I, this do you want to roll your eyes?
Now or until the story, oh wait until the story happens.
Kristen Ahlenius: I will try
Peter Dunn: to do neither. Go ahead. I purchased at Costco some pre cooked octopus that I was, that's not an eye roll, that's a vomit look. Why it's delicious and I'm gonna grill it and do like some Mediterranean spices and whatnot. So that's what I'm doing this weekend.
Kristen Ahlenius: Here's my problem with foods like that.
Peter Dunn: Okay.
Kristen Ahlenius: How do you eat something that I feel like I couldn't touch? I would be grossed out to touch it. How do you eat it? Oh,
Peter Dunn: that's interesting. I mean, have you ever eaten shark?
Kristen Ahlenius: No.
Peter Dunn: Okay, well, maybe, maybe you're, you, your whole thing holds water. There it is. There we go, okay, 3, 2, 1.
Back on the Pete the Planner show, Chris and I saw a review of our show [00:26:00] the other day online and it said something to the effect, the host thinks he's very funny but I'm not sure he is. And I actually have no problem with that synopsis of the show. You being the host, Kristen, let's get back to the show.
Dear Kristen and co. I hear and I'm trying to heed your warnings about the importance of having money conversations. I get that they're important, but I'm struggling with the how. How often should my wife and I have these conversations? How should these conversations go? What should we cover? Should some conversations happen more frequently than others?
And then how do we actually make change when I find areas of concern? And it just says, when we find areas of concern, which I think it's important for me to correct. Also, can you please settle a debate? No, I don't like doing that. I don't like doing that. My wife and I are married with no kids. Sounds like a cat lady to me.
Oh, we're not [00:27:00] doing that. We're not doing that. Anyway, I don't think we need life insurance yet. She does. Who's right? Okay, I can weigh in on all of this. Kristen where shall we go?
Kristen Ahlenius: I think we go with the one that's the most difficult, which is how do we actually make change when we find areas of concern?
I feel like there is no Conversation change that is more difficult than when you're in a healthy, committed relationship and you need to make personal financial changes for future you, your future relationship, but nobody wants to like deprive the other person of today's joys in whatever form of budget reduction we might be doing, for example, I think that's the hardest thing that couples face that are actually having conversations about money.
Peter Dunn: Yeah, I think there has to be like a catalyst conversation to trigger the rest of the conversations. Say more. So, [00:28:00] I appreciate that this person, let's call them Lupe. Okay. Let's say Lupe wrote us and said, you know, I, I want to have more conversations. And so if you just go cold turkey and you just start having conversations out of nowhere with no triggering catalyst event, I think it's ineffective and it's actually really stressful for the other person that may not feel that way.
Right. So I like this idea. I, I, I sort of thought through this a few years ago. I don't remember when, cause I'm an elder and it's this idea of like, what is the perfect catalyst financial conversation to have with your significant other and Kristen, it might look a little bit like this. I'm not asking you to role play and I'm certainly not asking you to imagine for a moment that we're in a relationship, but here's how it might look like.
I would come home. to our homestead and I would say, what, what's wrong?
Kristen Ahlenius: I can't picture you on a homestead, but go ahead.
Peter Dunn: No, I, I had a pocket knife the other day. That is
Kristen Ahlenius: true. That was very off brand.
Peter Dunn: Yeah, [00:29:00] I didn't put it in my pocket. I carried it in my hand. So it looked like That
Kristen Ahlenius: was
Peter Dunn: on brand. I don't know what I would say.
Can we talk about money for a few minutes this weekend? So the first thing, first thing, you can't have a conversation in the moment you bring it up. You just can't do it. Cause the other person may not be ready for it. Kristen?
Kristen Ahlenius: I feel like that depends though, because Pete, I'm an anxious individual.
So if you come to me and you say, and this is about any type of conversation, like let's actually take the dynamic here, which is that you're my employer. If today, after we got done with this, you were like, Hey, Kristen we actually need to have a one on one on Monday deets more to come. I'd be like, Oh, what?
Peter Dunn: Totally fair. Okay. So let's totally fair. Let's do this. Kristen honey there. I want to have a conversation this weekend about money, but if you prefer to have it now, I just want to talk through maybe some things that I'm doing that are stressing you out or. Maybe I can share [00:30:00] some thoughts about how we handle money.
Like it can be now, it doesn't matter. We just need to give the person an option to get their head around it. I think it goes with asking very pointed and critical questions about yourself to your partner. So I would say something like, Hey I know we were raised by different people. And so we have different money habits and we've developed them independently.
What is something that I do financially that That makes you uncomfortable or drives you crazy. I think that's the direction you go. And then you got to hit yourself and you got to listen and you can't be defensive five or six different times. What's something you think I waste money on. Where do you think my way of doing things will lead us down a bad path and you got to just bite your lip and you got to take it and you can't go point for point and you can't be defensive and then you say, Hey, is it cool?
Can we flip this around and sort of be introspective about my feelings about some of your things? Now that sounds manipulative. [00:31:00] But if in the right relationship, it should be okay.
Kristen Ahlenius: Yeah, and I think what's really interesting in those situations Is it's easier to have hard conversations This is not going to come out the way I mean it but here it is when you have a common enemy Which is that if for example, let's say in this scenario I tend to be money.
I tend to avoid money conversations And maybe that's because I was raised in a house where we didn't talk about money like We don't have any money conversations. Money is not for kids to worry about those sorts of things. If you and I can agree that that wasn't the healthiest dynamic, it makes the conversation about how that affects me and that relationship easier because we have a common I'm using the word enemy, which sounds aggressive, but we have a common enemy in the way that I was brought up to have money conversations.
I think it makes it easier to have today's conversation.
Peter Dunn: Here's what we're going to do in the next segment. We've got a few minutes left in this segment. I want to [00:32:00] talk about how identifying all of the stakeholders in your financial life will help you actually have these conversations better.
Kristen Ahlenius: Okay.
Peter Dunn: I think very frequently.
And I'll, I'll get there in the next segment, but, but while personal finance is personal, there's so many other players in your life that sometimes you accidentally ignore them. So back to this question, what is the right cadence? What is the right frequency? Yeah. I've always thought once a month is probably appropriate in any more and that it's unlikely people with two different money personalities can actually get away with that conversation more frequently.
Kristen Ahlenius: For the most part, I agree with that. But I do think during periods of change, whether that's home buying, Family planning. What are other big things that couples are facing? Like if there's a loss those sorts of things, you might need to check in more frequently. If there's a job change, you might need to be checking in with a little bit more frequency.
[00:33:00] If you've pre established kind of a cadence, a routine, and then there's a big variable that changes. Might need to be a little bit more than that while we settle into a new reality.
Peter Dunn: Let me next segment, I'm actually going to take some business lessons to talk about stakeholders, but I'm going to do it here too as well.
Not that I'm some business expert, believe me, I'm not, but here's what I learned. And it was a criticism levied upon me by a mentor and they said, okay, you create a strategy. But then all attention has to turn to execution, not recasting the strategy all the time when bumps happen. And I think financially, sometimes couples will come up with a strategy, set out the execution, Hit a bump, pivot too early, not stick with it, re strategize, re cast, re strategize.
That's a really bad idea. That the, the, the original strategy, if sound, which is a pretty big if, if sound, there has to be a true [00:34:00] dedication to the execution. Or I was going to say all is lost, which sounds incredibly dramatic, but arguably you spin your tires.
Kristen Ahlenius: Yeah, I completely agree. It has to be a major life change where I feel like we would need to make a pivot.
And then the last thing that they asked us to settle a debate, I know we said we didn't want to, but you probably need life insurance even if you don't have kids. Especially if you're younger and doing your financial life together, it, you probably still need it.
Peter Dunn: I agree. I don't even think it was say you plan on never having kids, right?
I think you still need life insurance. It's life insurance continues to be one of the least comfortable things to ever talk about because a person must accept their mortality and then bet on it, which is a pretty healthy thing to do because you're, you're not going to lose. You're, you're, you're going to be right.
It's undefeated. Grim Reaper. Anyway, coming up after the break, who are your [00:35:00] stakeholders in your life? We'll talk about that next on the Pete the Planner show. I'm Pete the Planner. Look at me creating a third segment on the fly like a radio professional.
Kristen Ahlenius: It's almost like that's your favorite way to prepare for the show.
Peter Dunn: Scott records Roddy spinning the golden oldies. Chris and really that's what happens. At radio stations,
Kristen Ahlenius: what are golden oldies?
Peter Dunn: Shut your precious mouth. . You don't know what golden oldies are.
Kristen Ahlenius: I've not heard those words used together. I don't believe. Oh my God.
Peter Dunn: Well, you're like a zygote. How old are you mean zy?
What? You don't know what zygote is.
Kristen Ahlenius: Okay. First of all, we all know I'm 30 I my birthday.
Peter Dunn: Well, let's not, let's not age. Shame me. 'cause that's what that just turned into.
Kristen Ahlenius: Well, you asked.
Peter Dunn: Clearly didn't. Clearly didn't. No one heard. Hey, by the way, how many years are you?
Kristen Ahlenius: Did you [00:36:00] not just ask me that?
Peter Dunn: I didn't ask you how old you were.
Maybe I did.
Kristen Ahlenius: You did.
Peter Dunn: Calm down. Anyway, walk around the halls of any radio station and it's just like, Hey, Ace, how you doing? It's like, Hey, Ricky. And it's everyone's radio voices. It's like a clown convention. I'm not kidding. I
Kristen Ahlenius: could never. I'm easily overstimulated when it comes to sound. I feel like that would be my personal working nightmare.
Peter Dunn: It's weird. I, I think you have a very great radio voice. It's just really like, it's approachable and it's calm, but I would never say you have like a classic radio voice cause I don't think you do. I do not. For a very long time, I didn't think I had a classic radio voice, but what ends up happening over time is.
It kind of develops. And so I'll be placed where like, man, listen to that radio voice saying it to me. I'm like, really? Like, I don't feel that way, but I don't know. Maybe I walk into a room like, hello, [00:37:00] hey, you're the ninth caller. Tickets to the fair.
Kristen Ahlenius: I,
Peter Dunn: you have several different voices actually. They're all going through my head.
They're all going through my head and they all tell me to eat more pie. That's the thing. And that's why watching the weight come back. All right. So, Kristen, I've been keeping score today. I don't know if you knew this. You've laughed twice at me.
Kristen Ahlenius: I'll make sure to not repeat that mistake.
Peter Dunn: What? Ugh. Ugh.
You're not having a brat girl summer. I can tell you that.
Kristen Ahlenius: I don't know what that means, either. I've seen that, but
Peter Dunn: We've had a team event the other day, and someone typed Brat Girl Summer, and I read it as Brat Girl Summer, and I was ready for a cookout. Right on. I was like, hey, Charlie Johnson's Charlie Murphy's cooking Johnsonville Brats.
What's the name, Charlie? Someone It's an old commercial that you wouldn't know because you're [00:38:00] ten years old. Respectfully. Very respectfully. VR. There
Kristen Ahlenius: it is. VR.
Peter Dunn: Okay, let's do the segment and I'm going to have to just figure it out as we go. In three, two, one. Two one back on the Pete the planter show very special Pete the planter show today I don't know.
It's actually not that special. Hi, Kristen. Hello Pete from time to time I am tasked by the The minds have the Indianapolis Business Journal to craft for them 750 meaningful American words That can tickle the readers and delight them. And so I did so for next week. And here's what I came up with. And I'll walk you through it.
Feel, feel free to beat it up. It's already on the way to publication. So if it's stupid, then I'm just preparing myself for the feedback.
Kristen Ahlenius: Right on.
Peter Dunn: Okay. I typically not, especially not on this show and not in my column. I don't talk [00:39:00] about what I actually do for a living, ever. Right. I mean, like I'm the CEO of a fintech company.
That's what I am now. I do some other things, but that's really what I am. Here's what I've learned based on that role in the last two years that I never thought was my actual job. Okay. So if I may, because I I'm going the job of a chief executive officer is to understand the wants and needs of all the different stakeholders of a business.
and find alignment and find a way to deliver on those wants and needs, balance the right way without alienating those wants and needs of various stakeholders along the way. That's the job, right? And so you, when you do, when you start this, you don't realize that's the job, but here's some examples. Who are the stakeholders of this business?
There's the participants. So we, [00:40:00] we around here, those are the Employees of the businesses we serve. We try to help their financial lives. We do it all the time. It's great. There's the employers who purchase our services and we're trying to help their businesses by helping the personal finances of their employees.
There's our distribution partners. There's our own employees. There are our shareholders because we have investors here. And then there's the board of directors. So all of those, we're all trying to help people and make money, right? And that's sort of the general direction, make people better and make money in the process.
And if you index too hard for one of those elements, The other ones start to get wonky and it can be not fun at all, but that's my, my job is literally that to take all of these elements and figure out how they fit together. That is my job in personal finance [00:41:00] as you all hear personal finance is personal true however, Kristen I believe people would do themselves a service by understanding who the stakeholders in their personal finances are and it's more Entities and parties than you might think so I'm gonna give you a list and this is where you can say yay or nay I disagree Okay.
Okay. Number one, every person who lives in your home currently.
Kristen Ahlenius: Okay, so you're saying even, that could be more traditional, meaning it's like, you know, your husband, your wife, your kids, but in multi generational households, you're saying that's Potentially a parent, that's a grandchild. You're saying every person that lives in the house,
Peter Dunn: your decisions, your personal financial decisions impact that person.
And theoretically you have to account for what their wants and needs are because you [00:42:00] cohabitate. So would you agree with that?
Kristen Ahlenius: I believe that I would agree with that.
Peter Dunn: Okay, well let me take it a little step further that really hits home for you. And I made this point in my column, also your pets. And I know that sounds crazy.
But I believe pets are stakeholders in your financial life because they require financial attention. And oddly enough, they are incredibly dependent on your financial decisions for their own well being. What do you think about that?
Kristen Ahlenius: I'm obsessed with that.
Peter Dunn: Really?
Kristen Ahlenius: I agree with that.
Peter Dunn: Wow.
Kristen Ahlenius: I think In pause, because in terms
Peter Dunn: of like a pet's paws,
Kristen Ahlenius: no, in terms of the way that we treat pet ownership.
Oh, my in generally speaking, because I would quite literally do whatever I needed to financially for my pets and so many people feel the same way. So to [00:43:00] ignore that, as to your point, stakeholders, I don't think best serves your financial life. So I am. Full support.
Peter Dunn: Okay. Next, next up. Okay. Your local butcher is a stakeholder.
That's a joke. Okay.
Kristen Ahlenius: Oh my You could have laughed. I could have.
Peter Dunn: How about people who? Previously you've cohabitated with or lived with other people in your life like someone you co parent with an elderly parent, an aging parent, a grown adult child. These are other stakeholders in your life that your decisions, to some degree, have to account for what's going on with them to some degree.
Kristen Ahlenius: You know, that's really interesting because in some of those categories, I'm nodding my head yes, and in other examples that you just gave, I am also nodding my head yes, but [00:44:00] thinking, okay, but how in the world? Because. The co parenting one, for example. I agree with you. I think that when you have a shared interest in a child, then you do, the other person's financial life is important to you, but practically speaking, how does that actually work?
Peter Dunn: Well I am I am Not an expert on co parenting outside of a marriage, but I've seen a lot of it. You know, you see a lot of people saying, okay, we're going to split the cost for the soccer season. And for this trip to Sandusky Ohio for a soccer tournament. But it's your weekend, although this one happens to be my weekend.
And that, that's really complicated. I will say the one entity, I only have 750 words. I mean, arguably this is a book, right? But 750 words, I can't say sometimes your ex [00:45:00] spouse without kids remains a stakeholder in your life, but most of the times they do not, they kind of move on. Now the next ones are a little wild.
And people could slap them down pretty easily. Your past, your present and your future are stakeholders in your life. The, the, the debts that you've created, the past you've created for yourself has, has an impact on your life. Your present needs and the lifestyle you choose has an impact and If you keep breathing called the future, there are needs and wants that must be met there too.
So I think in personal finances you can interest daily bring up abstract things like the past, present, and future.
Kristen Ahlenius: That one, I completely agree with, but what's most interesting about that one in particular is the, your future. Forced to care about your past, present and future differently depending on the [00:46:00] circumstances while to your point, I don't know that that should be, you should care equally about.
Past, present, and future. But depending on what's happening in your life today, as we see all the time with the end user that we serve, like you just mentioned, our stakeholders, your present sometimes demands all of that attention, but it is important to look at the past in the future as well.
Peter Dunn: And then there's two other ones that I've listed and again, 750 words.
I wish it was more exhaustive. Sure. Two other ones I've listed for both. The head of a business and the head of a household, your community at large. Oh, right. I feel an obligation to the stakeholder that is the community of which we serve. And sometimes that is central Indiana. Sometimes that's a global community.
And I think even as a personal finance, as an individual dealing with their own personal finances, your community is a stakeholder as well. And then the final one is really out there and it's because [00:47:00] I have a liberal arts degree. And I had to take a philosophy course from Professor Don Carroll at Hanover College.
I believe the greater good, the concept of the greater good is a stakeholder. So in the 19th century, there were two philosophers, Jeremy Bentham and John Stuart Mill that came up with this concept of the greater good and you're serving this greater good. I believe both as a business and I believe as an individual, one must serve the greater good.
So that's my stakeholders column that comes out next week. Not is it not terrible, right? No, not at all. I actually really like the concept. Oh my gosh, I did it. I impressed you for the first time. In decades coming up after the break, the biggest waste of money of the week and the news I'm Pete, the planner, this Pete planner show.
I kind of liked it too. Kristen here, you've put out enough content though, which I hate the word content, but we've put out enough. You've put out enough stuff in the last several years that you know, When it comes off the tips, if you will, if it comes [00:48:00] off the fingers and it feels good, it doesn't necessarily mean that people will receive it well and or care about it.
And that's the feeling in my heart and soul right now is I really like that column, but I'm not so sure anyone will care.
Kristen Ahlenius: Yeah, I could not agree more. It's so crazy. The difference between something you think will perform well and people will or should be interested in and their appetite for what you have to say, sometimes the, there is misalignment.
Peter Dunn: Look at you.
Kristen Ahlenius: Look
Peter Dunn: at you. Did you get the email you wanted?
Kristen Ahlenius: I'm not looking, I have my phone on do not disturb.
Peter Dunn: Can you please tell me after the show the email you're looking for?
Kristen Ahlenius: Absolutely, I can.
Peter Dunn: Okay. You're gonna have a big announcement on the show here in the next few weeks, right?
Kristen Ahlenius: Yeah, yeah, I am.
Peter Dunn: Oh, I'm really excited about that.
Kristen Ahlenius: I have some Oh, stop. No, no, I have some things I have to do, like
Peter Dunn: Yeah.
Kristen Ahlenius: The announcement is dependent on me buttoning some things up that I have not yet, but I'm
Peter Dunn: very excited about that, by the way.
Kristen Ahlenius: I am very excited about that as well.
Peter Dunn: Give you your flowers, as [00:49:00] they say. Right? Do you say that? Or is that too cool?
You
Kristen Ahlenius: say that.
Peter Dunn: I don't say that.
Kristen Ahlenius: You do say that. Last year at our all company retreat, we had to do that.
Peter Dunn: I like that the retreat was just like a, it was a restaurant.
Kristen Ahlenius: I mean, it was at a restaurant.
Peter Dunn: Okay. Okay. Let's do this. Do you have news items? I haven't even talked about this. Of course I do. Okay. Well, sorry.
You showed up 10 seconds before the show started. What am I supposed to do?
Kristen Ahlenius: Because I was working on the news. Damien's job is hard.
Peter Dunn: Oh my gosh. He's just giggling wherever he is right now.
Kristen Ahlenius: Oh yeah, he's loving it because he reminded me on Monday that I needed to get news articles together and I said, you've got to be kidding me.
I hate it when you're gone. And then he asked me on Wednesday if he wanted me to, if he, if I wanted him to do the news articles for me, I said, no, I got it. And I should have said yes. I regret that decision.
Peter Dunn: Speaking of news there will be news next week out of these halls.
Kristen Ahlenius: Ah, [00:50:00] yes.
Peter Dunn: That will hit the internets.
Kristen Ahlenius: Lots of inside baseball today. Is that inside baseball? It is.
Peter Dunn: What are you, Scott Records Rod? What would be your radio name? Miscellaneous.
Kristen Ahlenius: I mean, that's what everybody's always called me and my sister, but
Peter Dunn: Fun news coming out of these halls next week. Stay tuned. Okay. I'm loving it. I'm ready to go three two This week's biggest waste of money of the week right here on the pete the planner show is Friend AI pendant.
Socially awkward? Are you a terrible conversationalist? Do you lack any personality traits that other humans might find interesting and want to engage with?
Kristen Ahlenius: It does not say that.
Peter Dunn: I guess it does. Artificial intelligence wants to solve, by the way, how dare you interrupt me?
Kristen Ahlenius: I'm sorry.
Peter Dunn: I'm just kidding. Artificial intelligence wants to solve those [00:51:00] embarrassing problems in a world where technology is increasingly leading to loneliness.
Can I get a timeout? I guess I buy that. Yeah. I a hundred percent buy that idea that that social media makes people less social and lonely. It might. It does. It's also attempting to solve the problem it created with. Friend and oh, this next phrase makes me wanna die. An always listening AI pendant friend is not here to boost productivity.
Order your lunch. Call an Uber, or write your term paper friend, is just what it says. On the 10, a silicone friend that offers words of encouragement or idle conversation or collaborative brainstorming. Creator Avi Schiffman isn't out to replace real friends, just augment your friend's circle with a [00:52:00] pendant you wear around your neck.
It doesn't require subscription. It works over Bluetooth. And only responds via text, just like you're in real life friends. Kristen, walking around, you got a pendant that's always listening. What would you pay for the always listening friend that makes you less socially awkward? First
Kristen Ahlenius: of all, that's not going to happen.
Peter Dunn: Wait, you're, you're not going to be less socially awkward?
Kristen Ahlenius: Ha, very funny.
Peter Dunn: Well,
Kristen Ahlenius: But This, oh my word, this is going to be, I feel like it's going to be cheaper than I'm thinking. So let's go, it's silicone, let's go 300.
Peter Dunn: Your logic was spot on, but you missed. Your logic. I had to go slower. 99. Mm. You know, here's the thing.
I think this is a terrible idea. Correct. It [00:53:00] might work. But I also acknowledge like if for some reason really someone is isolated or they're lonely and this serves them, I don't want to make fun of them. Like, I just don't want to do it because that's great that they've got some sort of companionship.
Kristen Ahlenius: I guess.
Peter Dunn: I mean, like, hey, life's hard. I love who you love, even if it's a silicon circle around your neck. Yeah. Hey, Kristen,
Kristen Ahlenius: what's in the news? this week. I'm so glad you asked. A new bill aims to make it easier for disabled individuals to save money. Able accounts provide a tax advantage way for disabled individuals to save money outside of asset limit requirements set by federal assistance programs while also assessing certain tax advantages.
They function similarly to 529s, the growth is usually tax free, if used for qualified expenses, then you don't pay taxes on that those withdrawals either. But to date, about 170, 000 people with disabilities have saved an average of over 11, 000 each through ABLE [00:54:00] accounts. Senator Bob Casey, who I believe is from Pennsylvania, serves as the chairman of the Special Committee on Aging and is proposing a few different bills to expand the current legislation.
Ben. Including the Employment Flexibility Act, which would make it possible for employers to contribute to an employee's ABLE account instead of a 401k. He's also proposing a bill that allows employers or government programs to make direct deposits to ABLE accounts. And finally, he's proposing a bill focused exclusively on the education surrounding ABLE accounts, due to what they feel is inadequate participation in this type of offering.
Peter Dunn: There are a lot of esoteric financial instruments all around the world, and especially here in the United States. This is a wonderful program, a earth shatteringly wonderful program that no one knows about, like no one knows about, and it's, like you said, most akin to a 529, like it's the [00:55:00] closest thing. In fact, some of the, the businesses that administer 529 plans also administer ABLE accounts.
And there does need to be more attention to them. And I do, there needs to be more tax favorability. There needs to be more accessibility secure 2. 0. I I'm not sure whether they accounted for additional access or benefits of ABLE accounts, but. They should because I'm, I'm with Senator Casey here.
I think that's great.
Kristen Ahlenius: Yeah, I, I completely agree. It's so hard because an account like this, if you're not the kind of person who needs it, you probably have no exposure. And then if you become the type of person who needs it, how do you get information about something you didn't know existed in the first place when you're hit with a, you know, a new reality that is potentially life changing.
So that's what's so hard is how do you get the information for the people who need it? When they need it, I still think even if they pass this, I still, there's, there are challenges here logistically.
Peter Dunn: Yeah, and so those challenges [00:56:00] as I try to describe them are anecdotal. This is an anecdotal description.
Let's say you find yourself in a situation where you have a special need or you are, You are considered a different able body than someone else. Sometimes there are direct negative financial repercussions and ramifications of that reality. And so while this is a beautiful way to save money towards that, it doesn't necessarily mean you have all this extra change going around that you can deposit into these accounts because you're dealing with the reality of your disability.
So that doesn't mean they shouldn't be around, but they That definitely dampens the impact of these programs. What else is in the news? This week,
Kristen Ahlenius: this article Pete leads with surge pricing isn't just for Uber anymore. So the cut wrote this article suggesting that corporations have had the technology to roll out more highly targeted pricing models for [00:57:00] years.
According to Lindsay Owens, the executive director of groundwork collaborative and Owen shares that when customers are more isolated, they're less price sensitive. Hmm. So. So the concern is that surveillance pricing, the more broad term is not new, but there are no federal laws that explicitly ban it.
However, the FTC has brought authority to authority to regulate unfair and deceptive practices and acts unquote, and is starting to crack down. So. They brought up a few examples of what's the difference between what would be considered fair game with dynamic or surge pricing and what would be considered predatory.
And the author of this article brought up a couple of things that I thought were really interesting. And the first one is what if Uber started charging you a higher price if your phone battery was low and you were not in your home city?
Peter Dunn: I'm uncomfortable,
Kristen Ahlenius: right? It made me [00:58:00] so like, so nervous. Or what if you were being dropped off in an expensive neighborhood?
So they were just like, well, this person can afford to pay more. I didn't like this, but I think it's an important conversation because as someone who was stranded waiting for an uber based on dynamic pricing at one point, I still couldn't even get an Uber last week, but at one point, the 20 minute ride due to dynamic pricing was going to be 136.
Peter Dunn: What if let's get creepier. You're a 19 year old young woman,
Kristen Ahlenius: right?
Peter Dunn: In an area of town that is somehow deemed to be not as safe. And therefore the male standing next to you that happens to be 26 that knows all the great places to go there, he would have less pricing. Because he's less at risk and in the need of a ride.
Yeah, that, that's awful that I don't, I don't care for that.
Kristen Ahlenius: I'm sorry, but I read it and I couldn't not talk about it.
Peter Dunn: Do you have a quick one to [00:59:00] end the show with?
Kristen Ahlenius: Yeah. I saw an article yesterday that the cost of living estimate for social security was just released. Do you, did you see that amount?
I
Peter Dunn: didn't see it. Can I guess?
Kristen Ahlenius: Yes. Estimate.
Peter Dunn: It's going to be a lot lower than it's been in previous years. I'm going to go 4. 7%. 2.
Kristen Ahlenius: 6%. Oh. Yeah.
Peter Dunn: That's not great.
Kristen Ahlenius: Yep. So more to come on that most likely, but
Peter Dunn: yeah. No joke. I don't know. Okay, great. All right. Let's do this. Let's not talk to each other for a little bit.
Okay. Like a week. How's that?
Kristen Ahlenius: Deal.
Peter Dunn: Great. Listeners, thank you for your ears. I'm sorry. Dame should be back next week. No one knows. I haven't checked the file. All right. That's all I've got this week on the Pete the Planner show. Send you good vibes. Good vibes are all that's in the budget. I'm Pete the Planner.
Such an awkward end to the show. That was something. She's leaving for
Kristen Ahlenius: Christmas.
Peter Dunn: I did just [01:00:00] get a personal email in the last 10 seconds of the show that I found myself reading.
Kristen Ahlenius: I just checked my text messages and I don't have any that are about the thing.
Peter Dunn: Okay, let's get off because I want to hear what the, let's get off the air because I want to hear what this is.
Okay, fine. Should I be excited for you? Maybe.
Kristen Ahlenius: I mean it's not going to matter, it's moot.
Peter Dunn: Moot! I love a good moot! The Office Olympics is about to fire off out there. Oh. You're in charge. Is it? Like, I am in ch I'm Fairly, as we all know, I'm very rarely in charge of anything around here. However, I am I I volunteered to do this.
I did. Who pressured you into that, Jillian? Well, it was Eileen and Leah were like, Hey, do I was like, you know what? I'll do this.
Kristen Ahlenius: Hmm. Did they ask you this week?
Peter Dunn: Last week.
Kristen Ahlenius: Oh, that's even more surprising.
Peter Dunn: Yeah. Anyway, so I got to go. Anyway, my point was this, I'm going to go beat everyone badly. Deal. Okay. Hey everybody stay getting [01:01:00] money.
