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<v Speaker 1>Let's say good morning now to the host of How

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<v Speaker 1>to Money on KFI, Joel Larsgard.

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<v Speaker 2>Morning, Joel, Morning Amy.

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<v Speaker 1>Okay, so I think I finally got a four K TV,

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<v Speaker 1>and now I'm supposed to double it.

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<v Speaker 2>I know, I was shocked. I didn't realize that this

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<v Speaker 2>was this technology had hit already. But apparently eight K

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<v Speaker 2>TVs are a thing. So, yes, four K is this

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<v Speaker 2>brilliant resolution, the likes of which my childhood self cannot

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<v Speaker 2>even imagine, you know, watching playing his eight bit Nintendo

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<v Speaker 2>on a crummy television, and then you had the tube

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<v Speaker 2>TVs that were better. But like you remember how heavy

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<v Speaker 2>those things were. I still remember trying to move out

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<v Speaker 2>of an apartment with one of those things and it

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<v Speaker 2>was like four hundred pounds.

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<v Speaker 1>Oh, I threw out my back moving when I had

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<v Speaker 1>a trolley on it. I was moving it and it

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<v Speaker 1>was it was like a thirty two inch TV. Yeah

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<v Speaker 1>it was. It weighed like four hundred pounds and I

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<v Speaker 1>my back was damaged for like six months. Yeah.

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<v Speaker 2>They weren't even like that large from a screen size,

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<v Speaker 2>but the heft of those things was inside. And so

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<v Speaker 2>then now we have these like light TVs that are

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<v Speaker 2>easy to mount on the wall and they're in. You know,

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<v Speaker 2>the picture on them is incredibly good, and now we're

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<v Speaker 2>being asked to upgrade again. This is like a new

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<v Speaker 2>Samsung product that's supposedly gives you eight K programming, although

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<v Speaker 2>let's say how much of the programming is actually being

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<v Speaker 2>shot in that higher resolution is another question You should

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<v Speaker 2>be asking whether you're gonna get the biggest bang for

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<v Speaker 2>your buck out of this TV. But even seeing that

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<v Speaker 2>basically said, hey, we don't think it makes sense. We

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<v Speaker 2>don't think these things are worth the money. People should

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<v Speaker 2>not upgrade to these fancier new TVs. And I tend

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<v Speaker 2>to agree, not because I know a whole lot about

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<v Speaker 2>resolution on big screen sizes, but they basically say, hey,

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<v Speaker 2>the picture quality is pretty similar to like the Oled

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<v Speaker 2>TVs that that are four K. And I think it's

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<v Speaker 2>one of those things too, where the price tag is

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<v Speaker 2>going to come down significantly in the coming years. When

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<v Speaker 2>you look at TV technology, that is one of those mainstays,

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<v Speaker 2>or has been for many many years, is that prices

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<v Speaker 2>just keep going down, so don't buy. It's kind of

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<v Speaker 2>that pioneers get slaughtered sort of thing, where if you

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<v Speaker 2>buy the expensive eight KTV, Well, you might not have

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<v Speaker 2>the programming that's going to match the resolution. And then

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<v Speaker 2>on top of that, you spent way too much because

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<v Speaker 2>if you just waited a couple of years, you're going

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<v Speaker 2>to get it for a whole lot less.

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<v Speaker 1>Yeah, speaking of coming down, I was in Costco the

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<v Speaker 1>other day and they had a fifty five inch TV

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<v Speaker 1>for three hundred and twenty nine dollars.

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<v Speaker 2>I mean, I believe it, and think about like on

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<v Speaker 2>Black Friday. I don't remember exactly what they came down to,

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<v Speaker 2>but pretty sure you could get fifty five ers for

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<v Speaker 2>like one hundred and eighty bucks or something like that.

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<v Speaker 2>I mean, when the deals hit in November and January,

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<v Speaker 2>that's typically the best time to buy a TV. The

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<v Speaker 2>prices are insane. And sixty five inches remember how those

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<v Speaker 2>used to cost so much and those are kind of

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<v Speaker 2>the new fifty five inch. You can get a sixty

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<v Speaker 2>five inch four KTV for very little money these days

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<v Speaker 2>if you're shopping sales. So yeah, I'm also partial to

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<v Speaker 2>just owning fewer TVs and watching less TV in general.

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<v Speaker 1>Okay, So, and what is the price tag on these

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<v Speaker 1>eight ks TV? Splitting?

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<v Speaker 2>So it depends on the size, but we're talking like

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<v Speaker 2>three thousand dollars I think for the sixty five inches

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<v Speaker 2>probably what you're gonna pay. Whereas when you think about

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<v Speaker 2>the four K equivalent, you're you're talking about a fraction

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<v Speaker 2>of that.

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<v Speaker 1>And like you said, how many are shooting in eight K?

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<v Speaker 1>So even if you get the eight K, do you

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<v Speaker 1>really get the benefit of it unless it's specifically shot

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<v Speaker 1>in that resolution? Right?

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<v Speaker 2>Yep, at some point we'll start to see the movie studios,

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<v Speaker 2>the television shows being sought in even higher definition, and

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<v Speaker 2>these TVs might make sense like years down the road,

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<v Speaker 2>but just not yet.

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<v Speaker 1>All right, So let's talk price locks. I know, are

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<v Speaker 1>you talking about on mortgages or what are you talking about? No?

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<v Speaker 2>So this it's interesting more companies are saying, especially with

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<v Speaker 2>all the tariff uncertainty, hey, why don't we do you

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<v Speaker 2>a solid and give you a guaranteed price lock on

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<v Speaker 2>our service for a few years. And so this is

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<v Speaker 2>kind of one of those things that's seen as like

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<v Speaker 2>an olive branch to consumers to make them feel a

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<v Speaker 2>little bit better and realize, okay, cool, well I can

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<v Speaker 2>just the price is the price for the next three years.

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<v Speaker 2>I don't have to worry about them raising it on me.

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<v Speaker 2>And I think maybe in some cases, in particular, if

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<v Speaker 2>you're working with like a local service company, that might

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<v Speaker 2>give you some peace of mind. But it's interestingly enough,

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<v Speaker 2>I actually think this is a bad thing in many ways.

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<v Speaker 2>So this is like Verizon and T Mobile are the

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<v Speaker 2>ones who kind of launched this thing, saying, hey, for

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<v Speaker 2>the next three years, we're going to guarantee pricing, join

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<v Speaker 2>us and just we'll ensure that you don't have any

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<v Speaker 2>sort of increase in your monthly bill. And that sounds

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<v Speaker 2>super nice, and you're like, oh man, these benevolent, big

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<v Speaker 2>companies are trying to do right by me at a

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<v Speaker 2>time of price uncertainty. But I think, actually, interesting enough,

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<v Speaker 2>similar to TVs, the price of cell phone service has

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<v Speaker 2>gone down over the past few years, and so a

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<v Speaker 2>price lock actually, while it sounds benevolent, isn't. And probably

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<v Speaker 2>what it'll do is prevent people from shopping around like

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<v Speaker 2>they should with some of those MB and O carriers,

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<v Speaker 2>the mobile virtual network operator carriers like Mint and US Mobile,

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<v Speaker 2>who are two of the best. If you shop around,

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<v Speaker 2>you're gonna save a bunch versus going with the biggest companies.

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<v Speaker 2>And so I think a lot of people are gonna

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<v Speaker 2>see this price lock and they're gonna say, oh yeah,

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<v Speaker 2>inflation tariffs, I should be worried about costs going up.

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<v Speaker 2>Let me sign up for this, and ultimately it's actually

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<v Speaker 2>going to cost them more by opting for the price lock.

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<v Speaker 1>Okay, so be careful of price locks. And then real quick,

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<v Speaker 1>we had talked about overdraft fees that were you know,

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<v Speaker 1>they're like thirty five forty bucks, and the Biden administration said, nope,

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<v Speaker 1>we're going to cut them to five dollars. So what's

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<v Speaker 1>happening with that now?

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<v Speaker 2>Yes, So, I mean, as as the writing's been on

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<v Speaker 2>the wall, the Consumer Financial Protection Bureau is has been gutted,

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<v Speaker 2>and a lot of the lawsuits that were taking place

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<v Speaker 2>against some big companies in the United States against some

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<v Speaker 2>financial companies are kind of going by the wayside. And

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<v Speaker 2>this is one of those things where, hey, overdraft fees,

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<v Speaker 2>that that proposal will bring them down to five bucks.

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<v Speaker 2>Across the board, it's gone too And interestingly enough, I

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<v Speaker 2>don't necessarily think this is a big deal because if

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<v Speaker 2>you're with the banks that I talk about regularly, there

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<v Speaker 2>are no overdraft fees with those banks. So if you

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<v Speaker 2>are with Well Fargo, for instance, thirty five bucks a pop. Chase,

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<v Speaker 2>they're a little nicer, thirty four bucks a pop. Bank

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<v Speaker 2>of America Nice, are still ten dollars a pop for

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<v Speaker 2>those overdraft fees. But if you're with Capital One discover

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<v Speaker 2>ally ciit. The banks I mentioned regularly on how to Money,

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<v Speaker 2>you're paying zero dollars like, they don't charge overdraft fees.

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<v Speaker 2>So this is kind of a question of the open

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<v Speaker 2>market and the competition in the banking sector. There are

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<v Speaker 2>a lot of great banks out there who don't charge

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<v Speaker 2>any overdraft fees at all already. So yeah, I get

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<v Speaker 2>that some people might be bummed that these overdraft protection

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<v Speaker 2>rules aren't coming into being, but I also think there

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<v Speaker 2>are a whole lot of great choices already out there

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<v Speaker 2>for folks, Okay.

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<v Speaker 1>So shop around. So for more great tips on how

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<v Speaker 1>to money, you can listen to Joel. He's around every

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<v Speaker 1>Sunday from noon to two on how to Money at

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<v Speaker 1>right here at CAFI Easy Easy And if you want

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<v Speaker 1>to follow Joel and get more great tips and tricks

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<v Speaker 1>throughout the week at how to Money. Joel.

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<v Speaker 2>Thanks Joelarge Card, Thanks Amy.

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<v Speaker 1>All right, take care