Jeff Matevish 0:12
Welcome back to another episode of Bank Chats, 2 Cents, a mini, more relaxed episode where we chat about interesting financial topics in the news or in articles, or really anything fun that's financial related. Today we're going to check off that fun category. I'm Jeff Matevish, and with me, the man, the myth, the legend.
Drew Thomas 0:31
Drew Thomas. Yeah.
Jeff Matevish 0:35
Okay, Drew I'm hip, I'm down with the times. But I was watching a Tik Tok the other day, and they used so many new words and phrases that it was like watching a video in a different language.
Drew Thomas 0:44
I could believe that.
Jeff Matevish 0:46
But the silver lining was, first thing that I thought was, this would make a good 2 Cents episode.
Drew Thomas 0:51
This is wonderful. That is really funny, actually, that you say that because I read stuff all the time, and I think to myself, ooh, I was on vacation, and I emailed myself a good idea.
Jeff Matevish 1:00
You were sending me stuff when you were on vacation.
Drew Thomas 1:02
Yeah, so, so we're so we're talking about hip, what did you say? These are hip? What?
Jeff Matevish 1:08
I'm down with the times, down with the times, there's hip. Yeah, hip, yeah. So, I scoured the internet and found a handful of Gen Z terms. Okay? And we're gonna quiz you and see if, if I give you the term, if you know what it means. Okay? Okay.
Drew Thomas 1:22
Okay, that sounds good. Let's do it. I'm down for it.
Jeff Matevish 1:24
Okay, you're down for it.
Drew Thomas 1:27
I am all that and a bag of chips.
Jeff Matevish 1:29
Alright. Number one, loud budgeting. What do you think loud budgeting is?
Drew Thomas 1:33
Loud budgeting. So, loud budgeting, I'm gonna say overspending.
Jeff Matevish 1:41
Not quite, actually it's the opposite. So, it's...
Drew Thomas 1:44
Oh, so see, I would think that would be quiet spending is being...
Jeff Matevish 1:47
Loud budgeting.
Drew Thomas 1:49
Oh, loud budget.
Jeff Matevish 1:50
Yes. Loud budgeting is letting people know that you're good with your money. Ah, okay. It's all about saving money. It was actually, it was coined by a TikTok user. And the quote was, it's not I don't have enough money, it's I don't want to spend that money. So, the term is all about being loud and proud about saving.
Drew Thomas 2:07
Okay, all right, I get it. Maybe I should listen more closely whenever you give me the term.
Jeff Matevish 2:13
How about soft savings?
Drew Thomas 2:15
Soft savings? Okay, so, so I'm going to say soft savings is the opposite of loud budging. I'm gonna say you don't have a lot of savings if you have soft savings.
Jeff Matevish 2:24
Yeah. But yeah, yeah. In particular, they want to, these Gen Z people want to spend their money on experience like travel and concerts, not so much tangible items.
Drew Thomas 2:35
You know, I think that there's, there's that's interesting that you say that because there's a psychological thing that I read about a long time ago, probably when I was in college, that actually says you get more long-term value out of experiences than you do things.
Jeff Matevish 2:50
I could see that, yeah.
Drew Thomas 2:51
You know, and I never understood that whenever I was really young, because when I was young and I'd watch game shows with my grandparents, because, like when I was a little kid, like game shows were on TV in the morning. That, that was what you watched, Press Your Luck, and Price Is Right, and all that kind of stuff, yeah. And they would give away trips. And I was always like, man, that really stinks, because you want a trip, like, okay, you get to go on the trip, but then it's done. You don't have it anymore, as opposed to, like, getting a new computer or new TV, a new car, right? But they actually say that the trip gives you more long-term value and long-term happiness than, than the item does.
Jeff Matevish 3:23
Huh? I'm actually an example of that. When I was younger, my family and I went to, to Mexico because I won that trip off the back of a TV dinner box.
Drew Thomas 3:32
Really, yes, so Stouffers gave you a trip to Mexico.
Jeff Matevish 3:35
Close, Hungry Man, I'm a big boy.
Drew Thomas 3:39
That's cool, though. Really, like, well, how did you, where did you go? Where in Mexico did you go?
Jeff Matevish 3:43
We went to right outside of Cancun.
Drew Thomas 3:46
So, was it like a resort?
Jeff Matevish 3:47
A resort, yeah, okay, all-inclusive resort, yeah.
Drew Thomas 3:49
So, you went to, like American Mexico.
Jeff Matevish 3:52
We went to American Mexico, yeah, yeah, yeah.
Drew Thomas 3:55
That's, I mean, seriously though, that's pretty cool though.
Jeff Matevish 3:57
I mean, we did that for what back then, $3.
Drew Thomas 4:00
Yeah. So, did they say, your whole family got to go?
Jeff Matevish 4:02
Yeah, we all got to go.
Drew Thomas 4:04
That's really neat. Yep. Okay, yeah. Cool.
Jeff Matevish 4:06
So, that does happen.
Drew Thomas 4:08
I've mean, not to me.
Jeff Matevish 4:09
Well, it hasn't happened since.
Drew Thomas 4:12
All right, so what do we got next?
Jeff Matevish 4:13
How about doom spending?
Drew Thomas 4:15
Doom spending, I don't know what it means, but it's fantastic. I love the term, doom spending. I'm gonna say spending money on things that you don't really want or none or that you don't really need.
Jeff Matevish 4:26
Yeah, yeah. Doom spending is defined as spending money despite concerns about the economy, so.
Drew Thomas 4:33
So, not really my personal economy, but the economy in general. Yeah? All right, so the so the economy's going to the toilet, but I'm still buying myself the new whatever.
Jeff Matevish 4:41
Yeah, and I'll pull a you, and I'll give you a statistic.
Drew Thomas 4:44
Oh please.
Jeff Matevish 4:44
27% of Americans doom spend to cope with stress, according to a study conducted from Intuit Credit Karma. For Gen Z, that percentage rises to 35%, so 35% of Gen Z are doom spending.
Drew Thomas 4:58
I mean, you know what though, that's, I think that applies to a lot of people. I think there's a lot of people that, I can honestly say, there have been times whenever I'm just depressed, and so I window shop on Amazon. and that's like, you have to treat yourself, yeah, yeah. And sometimes the window shopping turns into actual shopping, yeah, a little too easily these days, with the...
Jeff Matevish 5:16
I know one click away and...
Drew Thomas 5:18
Yeah, the buy now with one click is, like, the most horrible thing ever.
Jeff Matevish 5:21
Oh, my wife sends me, like, something to buy, and she's like, can you buy this next time you're online? And by the time she, you know, says another sentence that's already bought.
Drew Thomas 5:29
Right. You know, yeah. Well, that's because you're a good husband.
Jeff Matevish 5:32
Well, she's wrapped around her finger.
Drew Thomas 5:34
I guess it's all right. I know you're I mean, I don't, I don't know your wife very well, but I know your wife. She's a fantastic woman.
Jeff Matevish 5:41
How about, okay, this is a good one. How about cash stuffing?
Drew Thomas 5:45
Cash stuffing? Okay, well, I know it has nothing to do with Thanksgiving.
Jeff Matevish 5:50
Okay. Do you want a hint?
Drew Thomas 5:52
Yeah, yeah, give me a hand.
Jeff Matevish 5:53
We have covered this term many times before. This is just a new way of saying what we've covered in previous episodes of the full-length Bank Chats.
Drew Thomas 6:02
Cash stuffing, yes, so savings?
Jeff Matevish 6:05
Yeah, it's envelope budgeting. A new way of saying envelope budgeting.
Drew Thomas 6:10
Why do we need a new way to say this?
Jeff Matevish 6:12
I guess that's the cool hip way of saying it now.
Drew Thomas 6:14
You said hip a couple of times. I don't think hips a cool term anymore. I don't know if cool is a cool term anymore, come to think of it.
Jeff Matevish 6:20
So, yeah, apparently, though it's not a new term, it's become popularized by TikTok again.
Drew Thomas 6:26
So, again, how do these, so we've talked in the past about how Gen Z is probably more technological with their money than almost any other generation, like they use Venmo, and they use PayPal and all this. So, where do they get the cash to do the cash stuffing?
Jeff Matevish 6:39
Maybe it's like everything else you know, our generation, you know, is coming back with clothes and habits, and, you know, everything that we had, you know, as a generation, is now becoming popular. So, yeah, maybe, maybe cash is becoming the, you know, the next thing again.
Drew Thomas 6:55
I guess that's true. There's a lot of 90s stuff coming back.
Jeff Matevish 6:57
Yeah, that's what I'm saying.
Drew Thomas 6:58
Yeah, yeah. You're not Gen Z, though.
Jeff Matevish 7:01
No, I'm a Millennial.
Drew Thomas 7:02
Yeah, yeah, you're millennial. I'm on that cusp. I'm like, I'm like, the last gasp of Gen X, and then like, the right, on the right, on the bridge there, between Gen X's and millennials. But yeah, so cash stuffing. Okay, that's cool.
Jeff Matevish 7:16
Cash stuffing. I guess there's another, another term. I didn't find too much on it, 100-envelope challenge that goes hand in hand with cash stuffing.
Drew Thomas 7:23
Oh, okay, well, I guess, yeah, every envelope has $1 in it.
Jeff Matevish 7:27
Yeah. Free money.
Drew Thomas 7:32
Free money.
Jeff Matevish 7:34
It's almost as easy as it sounds, but there's a little more to it.
Drew Thomas 7:37
Money that you've won? Like, money there somebody gives you money?
Jeff Matevish 7:40
Yeah. I mean, so not, not only like free money, but free gift cards, zeroing out your account balance, that's considered free money.
Drew Thomas 7:48
Oh, okay.
Jeff Matevish 7:50
Yeah, store credit.
Drew Thomas 7:52
Oh, okay, I get you, all right. So, money that you kind of, like, just kind of found on the street, like, yeah, money, yeah. Found money, yeah, money, okay, see, I would call that found I would Yeah, okay, yeah. Gotcha free money, yeah.
Jeff Matevish 8:03
The next one we heard two Bank Chats episodes ago with Emma King, okay, and I just assumed that it was, I didn't, I didn't assume it was a new term, okay, she used the term girl math, that is a Gen Z term, and I didn't know that.
Drew Thomas 8:20
Oh, I didn't know that either. I just thought that was something that she said.
Jeff Matevish 8:23
That's what I thought, too. Okay, okay. Now they, well, now they call it girl math, or gender math, but okay, it refers to, like, creative justification for people spending their money. So, an example would be someone buying Starbucks, and since it was under $5 it was pretty much free.
Drew Thomas 8:41
Oh, I gotcha. Okay.
Jeff Matevish 8:42
So that logic that doesn't quite make sense, but it makes sense of your mind.
Drew Thomas 8:45
Well, you know, so again, I'm gonna, I'm not trying to pick on any one gender or anything like that, but I'm from the generation where most of the women in my life are really good at looking at a price. And they look at a price and they say, if it's $5.99 it's $5, okay? And if, and if, most of the men in my life, including myself, when I look at $5.99, I say $6 dollars, right? Yeah. So, it's like, if you rounded everything by $1 one way or the other, my wife really, she just absolutely spends less than I do on the safe stuff. It's amazing.
Jeff Matevish 9:19
Yeah, yeah, I can see that. Yeah, we're the same way. Yeah, okay, okay. And so, the next few are not, they're not long terms or anything like that, but, bread in terms of finance.
Drew Thomas 9:32
Okay, so we're going back to the 60s now?
Jeff Matevish 9:34
Well, sort of.
Drew Thomas 9:36
So, bread is like cash.
Jeff Matevish 9:38
Yes. Okay, so bread, bread is made of dough, which is another common slang for money. So, they're using the word bread, now they're not using dough.
Drew Thomas 9:45
What song is it that the Beach Boys, I got, I got bread. I think it's in I Get Around, you know? Yeah, yeah, I get it's, I Get Around. I get around, around, I get around, right, that one. But the lyric is at the beginning, it's, its round, I mean, I got, I get around, yeah, get around. I'm a real cool head, I'm making real good bread.
Drew and Jeff 10:03
Oh, is, is, was it, were they time travelers, apparently, wow. Yeah. Okay, so, yeah.
Jeff Matevish 10:04
So, that's in, I Get Around by the Beach Boys, which was, what, 1960 something, yeah.
Drew Thomas 10:06
So, okay, so the, the terms been around for a while. It's just become more popular.
Jeff Matevish 10:16
There was also a music group, I might add.
Jeff Matevish 10:21
Bread?
Drew and Jeff 10:21
Yeah. Okay. it's a Band. Sure. Move on. All right.
Jeff Matevish 10:26
Mr. DJ, this one, this one came with, like, phonetics, guap?
Drew Thomas 10:33
Like an avocado, like guac?
Jeff Matevish 10:35
No, guap.
Drew Thomas 10:36
Oh, guap.
Jeff Matevish 10:37
G, U, A, P, pronounced, G, W, O, P.
Drew Thomas 10:40
Oh, man, I don't know. I'm feeling like three amigos, like, Mexican, like, guapo. Like, El Guapo. But that that's, I'm sure that's not right?
Jeff Matevish 10:50
No, no, it's a lot of money. Guap means is a lot of money. Guap means a lot of money.
Drew Thomas 10:55
Yeah, I wouldn't have gotten that in a million years, okay.
Jeff Matevish 10:58
Like a serious amount of money.
Drew Thomas 11:00
So, Bill Gates level.
Jeff Matevish 11:02
Yeah, used no, well, used in a sentence, I just got my first paycheck, do you see me getting all of this guap right now? Wow. Okay, okay, I still. I mean, if you just gave me that sentence, I wouldn't know what that meant.
Drew Thomas 11:15
So, you're, so, so you're guap rich on payday, and you're and then you're okay.
Jeff Matevish 11:19
Then you got no bread.
Drew Thomas 11:21
Then you got no bread. Bread goes stale.
Jeff Matevish 11:23
Secure the bag.
Drew Thomas 11:25
Okay, so secure the bag I only know because my, okay, so my wife's brother, right, always says secure the bag, because he's the same age as I am. But he tries, he thinks of himself as being like, 15, okay, so secure the bag is basically like, go out and earn the money. Okay, yeah, yeah, right, yeah.
Jeff Matevish 11:45
I didn't know that.
Drew Thomas 11:46
I only know it because of him, yeah. Okay, sorry, sorry, I'm sorry, Jeff, if you're listening to this. No different, Jeff, different, Jeff, different, Jeff, yes, that's right, we have lots of Jeffs, we do have lots of Jeffs in our lives, yeah.
Jeff Matevish 11:58
The 48-hour rule.
Drew Thomas 12:01
The 48-hour rule has nothing to do with dropping food on the floor, I'm sure.
Jeff Matevish 12:05
No, no, no.
Drew Thomas 12:06
The 48-hour rule, I'm guessing, I don't know, as it applies to money? Like you have to pay your bills within 48 hours?
Jeff Matevish 12:13
Not quite. So, it's...
Drew Thomas 12:15
You can just tell me I'm wrong.
Jeff Matevish 12:16
Well, I'm trying to find the right in your answer, but so it's waiting 48 hours before making a purchase. It's like a budgeting strategy, like, okay, I should think about it before you actually go spend money that you may not actually have to spend.
Drew Thomas 12:30
Okay, I gotcha, yeah, yeah, yeah. I get well, you know what? That kind of ties into the girl math for me. Because while I understand what you mean by the old girl math thing where it's like, oh, well, it was $5 it was really nothing. Like, yeah, I will do the 48-hour thing, but like, I will, I'll give you an example. I'm right now, I'm currently in the process of convincing myself to go with a different subscription plan on something that I have at home. Okay, that is more expensive, but gives you more, more for your money. Okay, right? So, this, this thing that I'm, the subscription I'm looking at, typically, I spend about $50 a year on it. Okay. They're increasing the price from $50 to $75 so it's going up by 50%, right? Yeah. Or you can do a monthly subscription for $20 a month. Okay, okay. So, in my mind, this is, this is the 48-hour thing, plus the girl math, I guess, right? In my mind, I'm like, well, I'm gonna spend $75 anyway. So, instead of it being $240 a year, which is $19, you know, $20 bucks a month, yeah, it's actually not $240 a year, it's actually $165 a year, right? Because we're gonna spend the $75 anyway. Okay, right? And then I'm like, well, if it's $165 a year and then it, there's a bunch of games that come with it and stuff. So, I'm like, well, if I just, if I didn't buy two games at like, $60 bucks a piece, it's actually free.
Jeff Matevish 13:57
Okay, yeah, I see the gender math.
Jeff Matevish 13:59
So, yeah, yeah.
Jeff Matevish 14:01
Don't forget to cancel that other subscription when you go to the new one.
Drew Thomas 14:06
Good point, yeah, yeah. We've, learned, yeah, we have learned about that.
Jeff Matevish 14:09
The next one is one again we've talked about before. The term hasn't changed, but it was on this list, so I thought it was great to talk about, or at least bring it up. Gen Z is now using the 50/30/20 rule.
Drew Thomas 14:19
Really, the 50/30/20 rule, yeah, yeah. We have talked about that, yep, yep. And that's, it is a good rule. It really is. Yeah, I agree, definitely. If you don't know what it is, go back and listen to that episode. Yes. See, we're not going to tell you what it is, because we want you to go back and listen to the other episode. Yeah, that's, that is how we're tricky.
Jeff Matevish 14:35
Deinfluencing?
Drew Thomas 14:37
Is it what it sounds like? Pretty much. Yeah. So, I'm, I don't know, how do you deinfluence somebody? You're still influencing them, right? I mean, if I'm influencing you to not do something.
Jeff Matevish 14:47
Well, it's other influencers. So, with all of the social media now and all of the influencers that are pushing products and sponsorships, it's kind of, you know, take a step back and don't cave into all of those influencers that are profiting off, you know, you, you're spending, if you don't have to do that spending.
Drew Thomas 15:06
That's, you know what? And you mentioned TikTok, because you said a lot of these terms are on TikTok, right? Yeah. But TikTok, the TikTok Shop, I might tell you, is that. Yes, exactly. It constantly is coming up in your TikTok feed now about, I keep getting flashlights. I don't know if flashlight like, what you get? Like, I keep getting these flashlights to come up, and they're like, and laser levels, okay, flashlights and laser levels. I get tablets, okay, yeah. And they're, they're constantly pushing these things on me, and they say, oh, it's a great deal right now. You should buy it immediately before the sale ends. Yeah, yeah, yeah. But that's exactly it. So, being, being disciplined about not caving into that is, yeah, deinfluencing, okay, right? Okay.
Jeff Matevish 15:44
Money dysmorphia.
Drew Thomas 15:47
Is that imagining that a $5 bill is bigger than it is?
Jeff Matevish 15:50
Pretty much, yeah, that occurs when an individual feel richer or poorer than they are, due to constant comparison with others online.
Drew Thomas 15:57
So, that's a takeoff of body dysmorphia, right? My thought, okay, yeah, you got it. Once in a while I rub two brain cells together, they just spark away.
Jeff Matevish 16:06
You do better than I would have done if I didn't read this list first. So, yeah, that was the short list that I found of current Gen Z, current Gen Z that are financial related. Yeah.
Drew Thomas 16:16
Yeah. I'm surprised they're not going back to like, the 1920s, you know, I need some scratch, see? Yeah, you know, I mean, scratch was one for cash. Yeah, it was a slang term for cash. What is two bits? Let me ask you that, do you know what the bits is?
Jeff Matevish 16:30
Well, in programming terms, two bits is a little different than money. So, yeah, no, no, I don't.
Drew Thomas 16:37
Two bits is a quarter.
Jeff Matevish 16:38
Two bits is a quarter?
Drew Thomas 16:39
Two bits a quarter. Do you know that little song that everybody knows, but nobody knows the name of it. It goes bump, ba da bump, bump, bump, bump, bump. Yeah, that one, the little musical thing there is, it's called shave and a haircut. And, and the lyrics were, shave and a haircut, two bits. Yes, that's, that's what it was, shave and a haircut, 25 cents.
Jeff Matevish 16:55
Ha, didn't know that.
Drew Thomas 16:56
See, I know slang too.
Jeff Matevish 16:58
You do, because you're hip. We're gonna get that back. We're gonna get that term back. Yeah, yeah.
Drew Thomas 17:05
So, with the two bits deal, since you did the Gen Z terms, I went back and found some 1920s slang. Okay, okay, not that I was alive in the 1920s but some of these are, some of these terms are still around. Some of them are really not, okay, but it's been 100 years. You think about that, I think, wow, yeah. All right, so 1920s to 2020s it's been 100 years. These are some of the terms that were used for money or, or money related things 100 years ago. Wow. Okay, okay, so what do you think some of the terms for money were? Can you think of anything that would have been back then, other than scratch and...
Jeff Matevish 17:39
Scratch and dough.
Drew Thomas 17:41
Scratch and dough, yeah, those are, those are both in there, yeah, yeah.
Jeff Matevish 17:44
Coin, maybe, or...
Drew Thomas 17:46
No, not coin. So, you got cabbage, cabbage, okay, so cabbage meant money. Okay. In addition to cabbage, you also had sugar. That meant money, all right. You also had, let's see, what else was it? Okay? What is a sawbuck?
Jeff Matevish 18:02
A sawbuck?
Drew Thomas 18:03
Yes, what is a sawbuck?
Jeff Matevish 18:06
I'm gonna say it's not $1.
Drew Thomas 18:06
It's not $1 it is money, though.
Jeff Matevish 18:08
So, is it a coin? So, I'm thinking saw as in the teeth or the ridges around a coin maybe?
Drew Thomas 18:16
I think you're putting too much into it. Okay. A Sawbuck is $10. Nope. Okay, yeah, a sawbuck is $10. Also, terms for money, spinach.
Jeff Matevish 18:25
Spinach. Okay, we like our vegetables.
Drew Thomas 18:27
You got the spinach? You got the lettuce?
Jeff Matevish 18:30
Okay, when you say it like that, I can hear that in like, a movie or something, yeah, oh, yeah, right, yeah,
Drew Thomas 18:34
You got the spondulix? No, that's actually a term spondulix. Okay, what's a yard? A yard, yeah, what's a yard?
Jeff Matevish 18:44
$300?
Drew Thomas 18:46
I could see where you would go that, but no, it's $100. $100 was a yard. Also, a century is $100.
Jeff Matevish 18:54
Okay, I could see the century.
Drew Thomas 18:56
Which is where we get the term C-note from. Ah, okay, right. So, we still call it a C-note. A lot of people still call it a C-note, yeah, sure. It was because it was in the 1920s it was called a century, huh? And they shortened it to C-note, yeah. What is a box job?
Jeff Matevish 19:09
Box job? Oh, I don't even want to guess that one.
Drew Thomas 19:14
A box job is a safe cracking. So, so if you're, if you're safe cracking, breaking into a safe, you're doing a box job. Okay, drop a dime.
Jeff Matevish 19:26
Spend 10 cents or $10.
Drew Thomas 19:29
Close. Spend 10 cents on what.
Jeff Matevish 19:33
I don't know.
Drew Thomas 19:34
So, you're, so it's making a phone call, oh, and usually to the police. So, if you're dropping a dime on somebody you're reporting them to the cops, okay?
Jeff Matevish 19:42
With one of those phones that has a tail, right?
Drew Thomas 19:44
Yeah, yeah, phone with a tail. Oh my gosh, that's true, yeah. Which, I mean, payphones were a dime well into the 1960s even.
Jeff Matevish 19:54
I mean, even in the 90s...
Drew Thomas 19:57
Jim Croce. Jim Croce just wanted his dime back from the operator whenever he talked to her.
Jeff Matevish 20:01
I was born in the 90s, and I remember...
Drew Thomas 20:03
Jim Croce?
Jeff Matevish 20:04
No, no, payphones.
Drew Thomas 20:09
Yeah, no. Do you remember the, do you remember the song, Operator? We're going back to songs again. We did Beach Boys, might as well do Jim Croce too.
Jeff Matevish 20:15
I may, but you got to sing it.
Drew Thomas 20:16
Yeah, whenever he says, he says, operator, can you help me make this call? Probably, yeah and then, but he says, he says, you can keep the dime in the song, yeah. Okay, coffee and donut.
Jeff Matevish 20:27
I'm gonna assume it's not a pastry and a drink.
Drew Thomas 20:31
No, not exactly, no.
Jeff Matevish 20:33
Donut is a coin and coffee is a bill.
Drew Thomas 20:37
No, coffee and donut is something that is cheap or of little value. Oh, so they would say something like, these are coffee and donut scissors. They're just cheap. They're cheap. Okay, they're coffee and donut.
Jeff Matevish 20:50
They didn't have Starbucks or Krispy Kreme back then.
Drew Thomas 20:54
Also, true. Okay, I missed another one on money that you said about vegetables was kale, kale, kale, is also, so you got cabbage, kale, lettuce and spinach, spinach, yeah. These are sort of money adjacent. What is ice?
Jeff Matevish 21:09
Ice, diamonds?
Drew Thomas 21:12
Yes, very good, diamonds. And then one other one here I got for you. What is oyster fruit?
Jeff Matevish 21:18
Oyster fruit? Oh, pearls?
Drew Thomas 21:22
Yes. See, you said that you said you wouldn't be able to do this very well, but you did quite well.
Jeff Matevish 21:27
Two out of 30 is not bad.
Drew Thomas 21:28
Ah, maybe it's a 20s-decade thing. The 1920s were big on slang, yeah, the 2020s are big on slang.
Jeff Matevish 21:35
It could be, yeah, 100-year cycle.
Drew Thomas 21:38
Something like that. Yeah, yeah. I'll tell you what I mean, you what I mean, you can go back and look at some 1920s slang beyond money, and it's just weird. It's a whole another language, yep. It is really a whole other language. Well, yeah, heavens and Betsy.
Jeff Matevish 21:52
I can't even think of any right now.
Drew Thomas 21:54
All right. That was fun. That was I like it, yeah? So, if you know any slang terms that we didn't touch on, you know, let us know. Drop, drop it in the comments, or let us know. Send us an email. Send us, there's a link in the description you can click on that you can send us feedback on the show. Love to know if you have any slang terms that maybe we didn't touch on, or some old slang terms that you think maybe should come back. Yeah, that'd be kind of fun.
Jeff Matevish 22:18
That'd be a good one, yeah.
Drew Thomas 22:20
Like two bits.
Jeff Matevish 22:21
Like two bits.
Drew Thomas 22:21
You can't buy anything for two bit.
Jeff Matevish 22:23
We'll change our name, not 2 Cents anymore we'll be 2 Bits.
Drew Thomas 22:26
Oh, yeah, see, we should have done that. That would have been awesome.
Jeff Matevish 22:28
Because of inflation.
Drew Thomas 22:32
Good times. Thanks, Jeff. That was fun.
Jeff Matevish 22:34
Hey, no problem, Drew.
Drew Thomas 22:44
This podcast focuses on having valuable conversations on various topics related to banking and financial health. The podcast is grounded in having open conversations with professionals and experts with the goal of helping to take some of the mystery out of financial and related topics, as learning about financial products and services can help you make more informed financial decisions. Please keep in mind that the information contained within this podcast and any resources available for download from our website or other resources relating to Bank Chats is not intended and should not be understood or interpreted to be financial advice. The host, guests, and production staff of Bank Chats expressly recommend that you seek advice from a trusted financial professional before making financial decisions. The host of Bank Chats is not an attorney, accountant or financial advisor, and the program is simply intended as one source of information. The podcast is not a substitute for a financial professional who is aware of the facts and circumstances of your individual situation.
Drew Thomas 23:51
Thank you for listening. Please check out our full library of episodes, which can be found on the ameriserv.com website. You can also download or stream the podcast from your favorite podcast app.
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Bread, guap, and loud budgeting, are just a few “new age” financial terms. In this 2 Cents episode, Drew and Jeff have some fun, and get schooled on current financial lingo, as well as some old school financial slang from generations ago. How many terms did you know?
Credits:
An AmeriServ Financial, Inc. Production
Music by Rattlesnake and Millo
Hosted by Drew Thomas and Jeffrey Matevish
Drew and Jeff Sling Slang
View VideoDISCLAIMER
This podcast focuses on having valuable conversations on various topics related to banking and financial health. The podcast is grounded in having open conversations with professionals and experts, with the goal of helping to take some of the mystery out of financial and related topics; as learning about financial products and services can help you make more informed financial decisions. Please keep in mind that the information contained within this podcast, and any resources available for download from our website or other resources relating to Bank Chats is not intended, and should not be understood or interpreted to be, financial advice. The host, guests, and production staff of Bank Chats expressly recommend that you seek advice from a trusted financial professional before making financial decisions. The host of Bank Chats is not an attorney, accountant, or financial advisor, and the program is simply intended as one source of information. The podcast is not a substitute for a financial professional who is aware of the facts and circumstances of your individual situation. AmeriServ Presents: Bank Chats is produced and distributed by AmeriServ Financial, Incorporated.