Friday Flight - Forgotten 401k, Peaking Pessimism, & Loyalty is for Losers #1032
How to Money
iHeartPodcasts
4.6 • 3.2K Ratings
🗓️ 5 September 2025
⏱️ 40 minutes
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Summary
Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: Walden Pond and your wallet, stocks at all-time highs, more ETFs than you can shake a stick at, forgotten 401k, peaking pessimism, creating your own American Dream, loyalty is for losers, locking down 5 years of internet, Prime purge, travel tips, the cheapest flights, and what’s up with tariffs.
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:04.1 | Welcome to How to Money. |
| 0:05.9 | I'm Joel. |
| 0:06.7 | I'm Matt. |
| 0:07.5 | And today we're talking forgotten 401Ks. |
| 0:10.2 | Peaking pessimism and loyalty is for losers. |
| 0:13.7 | Thank you. Happy Friday, everyone. |
| 0:32.5 | He said peaking pessimism. |
| 0:33.7 | Did you ever watch, was it, Peaky Blinders? |
| 0:35.9 | No, but I, uh, old school. |
| 0:55.3 | Killian Murphy is the man. Yeah, he's, uh, he's such a great actor. He really is. And I think my respect for him went up. I read some interview on him like this a couple years ago. And he is so out of, uh, he's so disconnected from like pop culture and technology. Like, I'm going to make this up, but like he hardly even like has an email account. He probably doesn't even know that |
| 0:59.1 | Travis and Taylor got engaged. There's a chance he doesn't. He's, he's very, very old school. |
| 1:05.7 | I respect that. But he's also in a position of luxury or privilege to be able to disconnect. |
| 1:10.9 | But he's no Daniel Day Lewis, who is apparently has a new film coming out. Oh, yeah. That his son directed. Oh, I saw that. He came out of retirement for that. I'm totally going to. You're going to do it? Of course I'm going to watch that movie. What's it about? I don't even care. I don't know. I just know Daniel Day Lewis is the greatest actor of our time, so I will watch it. I'd put him up there with Killian Murphy. |
| 1:11.9 | Yeah, for sure. |
| 1:12.7 | But no, okay, we're getting off track right up. care. I don't know. I just know Daniel Day Lewis is the greatest actor of our time, so I will watch it. |
| 1:32.2 | I'd put him up there with Kelyan Murthy. Yeah, for sure. But no, okay, we're getting off track right out of the gate. |
| 1:38.1 | This is our Friday flight. We're going to talk about personal finance, not what movies we're excited to see this week. I will one more little quick side tangent. Let me tell you, Matt, about my recent trip to the woods of California, |
| 1:47.6 | Central California. Share it with me. Okay. So, and what I learned, there's a personal |
| 1:51.7 | financing lesson here, but really, I just want to tell you about my trip. There's a moral to the |
| 1:55.4 | story. Yeah. So went with a bunch of friends, did a backpacking trip, like nine mile hike in to this place called Thousand Island Lake, right underneath this beautiful mountain called Banner Peak in the eastern Sierra. It was incredible. Were there actually a thousand islands within this lake? A lot of islands. I didn't count them. But I was like, hmm, they probably like rounded up. Is my, is my guess. I want to say like 35? |
| 2:19.5 | Yeah, that was more than 35, but less than a thousand. |
... |
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