JCS: It’s Only Money with Scott Brown 10/13/2026
Scott Brown, with Edgewater Family Wealth, talks about their new event on November 4th that will feature everything 401k that you didn’t know, financial lessons learned from the Yankees /Rays series, and more.
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Speaker 1: Hey, Jim.
Speaker 2: About the potato picking in the field after it was tilled.
Speaker 2: My mom, she was born in the 60s and out
Speaker 2: in Colorado. That's what her family did whenever they lived
Speaker 2: near the farms. You know, they grew up really poor.
Speaker 2: So after the plowing was done, they were out there
Speaker 2: just picking potatoes for hours on end. It didn't stop
Speaker 2: at potatoes. It was pretty much anything that a farmer
Speaker 2: would let them on the land for. Very roughneck kind
Speaker 2: of stuff.
Speaker 3: Yeah, man, we grew up humbly up there in P-Town
Speaker 3: and had to take advantage of every opportunity we could
Speaker 3: to get cheap food, and we would do that. We
Speaker 3: would go fish for brim and ponds and bring those home.
Speaker 3: My grandmother would cook those up. A lot of pork
Speaker 3: and beans. We would can our own foods. I shelled
Speaker 3: so many peas in my life. It's so unbelievable. We'd
Speaker 3: just sit for hours on the front porch shelling bushels
Speaker 3: of peas so we could bag those up and have
Speaker 3: those for a season as well. I think I might
Speaker 3: start canning food. Yeah, dude. I'm telling you. It's badass.
Speaker 3: I think I'm going to become a prepper. Dude, I'm
Speaker 3: telling you. My mom is canning again. Don't joke about that.
Speaker 3: That's a real deal. That's a Gen Z thing now.
Speaker 4: Uh-huh.
Speaker 3: Oh, we see it.
Speaker 1: The writing's on the wall.
Speaker 3: I want to task you with something, and I'll do it, too. Okay.
Speaker 3: All right, and we can see who makes the best.
Speaker 1: All right?
Speaker 3: We'll do a little game here. This will be fun.
Speaker 3: Let's make pickles.
Speaker 1: All right?
Speaker 3: Let's you and I make pickles.
Speaker 1: Okay.
Speaker 3: Because they're not difficult to make. Finding the cucumbers is
Speaker 3: actually the hardest thing, is finding the smaller cucumbers. Let
Speaker 3: me get my wife on it. Let's make some pickles, dude.
Speaker 1: It'll be fun.
Speaker 3: It's easy, dude. My wife could find a small cucumber.
Speaker 3: She found me.
Speaker 1: Oh, my God.
Speaker 4: As we say, that's all we need is a pickle
Speaker 4: contest between you two.
Speaker 3: Deposit is your 6 o'clock keyword. D-E-P-O-S-I-T. Go to realradio.fm
Speaker 3: and send that off for your chance at.
Speaker 1: $ 1, 000.
Speaker 3: Who's going to be the gherkin? I'm Jim. There's Deb.
Speaker 3: Jack is here as well. Let's do It's Only Money.
Speaker 3: I bet this guy camps food. He's a prepper. Look
Speaker 3: at his beard.
Speaker 2: Isn't that really just common sense financial advice?
Speaker 1: It's both.
Speaker 3: Okay.
Speaker 1: It's Only Money with Scott Brown from Edgewater Family Wealth.
Speaker 3: Good love for Scott Brown. EdgewaterFamilyWealth.com right there on Edgewater Drive.
Speaker 3: 40 years almost as a fiduciary here in Central Florida,
Speaker 3: making sure that your money lasts you a long time,
Speaker 3: teaching you how to save it right and have yourself
Speaker 3: a wonderful time in retirement. Scott, how are you doing, buddy?
Speaker 1: Doing really well. You know, I was all ready to
Speaker 1: boast about the race success, had my cigar ready. And
Speaker 1: then they kind of took a boat whooping. So I
Speaker 1: got to cool my jets for a second.
Speaker 3: Are you a Rays guy? Is that your team? I
Speaker 3: guess it has to be. You're over there, right? You
Speaker 3: were from there.
Speaker 1: Yeah, I'm from St. Pete, so I grew up– I
Speaker 1: mean there was no Rays when I was a kid.
Speaker 1: Speaking of St. Pete and Tampa, by the way, I'm
Speaker 1: in total agreement about Tampa. Totally riding the coattails of St. Pete.
Speaker 1: Totally riding the coattails.
Speaker 3: My point is right. Like if it wasn't for St.
Speaker 3: Pete Clearwater, would you ever go to just Tampa?
Speaker 1: No. You would not? Why? I mean come on. Ybor
Speaker 1: City goes through decades of terrible and great. Yeah. but
Speaker 1: yeah no no it's i mean tampa tampa like you
Speaker 1: can drive through tampa right now turn on a radio
Speaker 1: station and hear motley crew on four different.
Speaker 3: Stations is that terrible come on come.
Speaker 1: On they're stuck in the 80s oh yeah i gotta
Speaker 1: tell you it's the 90s actually that's one of the
Speaker 1: reasons because i mean like you know these these 90s
Speaker 1: radio shows that came up for so long that one
Speaker 1: of the one of the biggest ones came out of
Speaker 1: that area and i mean it's just completely chock full
Speaker 1: of 90s douchebags like crazy oh my god no you
Speaker 1: know it permeates the population no offense.
Speaker 3: Tampa yeah no offense taken tampa for sure uh scott
Speaker 3: joins us every single tuesday around this time to talk
Speaker 3: about things that could affect your financial life and we
Speaker 3: do have a wonderful event to talk about we'll tell
Speaker 3: you about that here in just a few minutes uh
Speaker 3: but it's so funny one of your talking points here
Speaker 3: is lessons from the yankees and rays series what do
Speaker 3: you mean by that Well, you know.
Speaker 1: It's kind of the perception versus the reality, right? I mean,
Speaker 1: when you think about the Yankees, you know, they're the
Speaker 1: rich guy. They're the guy that drives the Porsche, and
Speaker 1: his wife's got the Range Rover, and he's, you know,
Speaker 1: he's making, we'll call him Yankee Bob. Yankee Bob makes,
Speaker 1: you know, 300 grand a year. And the reason we
Speaker 1: all know that is because Yankee Bob tells us.
Speaker 3: That he makes 300 grand a year.
Speaker 1: Year you know and and he's paying 120 000 a
Speaker 1: year in taxes he's got his kids in the private
Speaker 1: school that's 35 grand he's got a rolex he's got
Speaker 1: to get a new one every year he only vacations
Speaker 1: in st bart's or aspen yeah yeah you know yankee
Speaker 1: bob he's a showy dude you know but it's you
Speaker 1: know his land rovers mostly in the shop kind of
Speaker 1: like aaron judge um so it's you know it's a
Speaker 1: It's Yankee Bob's a show off. But then again, you
Speaker 1: got his next door neighbor, Billy Ray, we'll call him.
Speaker 1: Billy Ray, he's a good dude. He's a diesel mechanic.
Speaker 1: His wife's a teacher. And Billy Ray, he's a saver.
Speaker 1: You know, he makes 120 grand a year, he and
Speaker 1: the missus, but he only pays about eight grand of
Speaker 1: taxes because he maxes out his 401k. And his kids
Speaker 1: go to public school. He drives the eight-year-old Camry. His
Speaker 1: wife drives the five-year-old Honda minivan. You know, they're both
Speaker 1: paid for. At the end of the day, when you
Speaker 1: look at both of them being 35 today when they're 65,
Speaker 1: because Billy Ray is maxing out his 401k and Yankee
Speaker 1: Bob is buying Rolexes, Billy Ray's actually going to have
Speaker 1: more income in retirement than he makes today in income,
Speaker 1: whereas Yankee Bob, poor Yankee Bob, he's going to have
Speaker 1: to work forever. So the point is, the Yankees have
Speaker 1: $ 305 million worth of payroll. The Rays have about $ 65
Speaker 1: million in annual payroll. Yet, we all know who won
Speaker 1: the series, yes?
Speaker 3: Yes, we do know that.
Speaker 1: So sometimes the race goes to the steady Eddie rather
Speaker 1: than the fancy Yankee Bob.
Speaker 3: Yeah, yeah, yeah. That happens a lot, right? I was
Speaker 3: just telling a story last week about one of the
Speaker 3: teachers that made the biggest impact on me. And it's
Speaker 3: something I remembered so well. And he basically told a
Speaker 3: story about buying a really fancy car to impress people.
Speaker 3: And he said for about two weeks, I was the
Speaker 3: talk of the town. And then after two weeks, I
Speaker 3: had a big car payment. That was it. That was
Speaker 3: a very valuable short lesson that for some reason permeated
Speaker 3: with me as a 16-year-old kid who had very little
Speaker 3: direction in life. But when I heard that story, I'm like, oh,
Speaker 3: that makes perfect sense. I get it.
Speaker 1: Yeah. You know, it's funny. It's funny you mentioned teachers
Speaker 1: because I remember there was a teacher at my school
Speaker 1: who had like a 911 Porsche. At the time– I
Speaker 1: didn't really question it. You know, the rest of the
Speaker 1: teachers were driving old VW Bugs. And now looking back,
Speaker 1: I think to myself, how did that work out for
Speaker 1: that guy? Right. I mean, at the time, that had
Speaker 1: to have been, the car payment must have been, I
Speaker 1: don't know, a third of his salary.
Speaker 4: Sure. Yeah, yeah.
Speaker 1: So I just, yeah, I think one of the things
Speaker 1: people need to realize is, look, it's not about eating
Speaker 1: macaroni and cheese all day or turning off the cable.
Speaker 1: But really, financial planning is just simply living within your means.
Speaker 1: And I know people are tired of hearing that. I
Speaker 1: know Charlie Munger and Warren Buffett say it all the time.
Speaker 1: Just spend less than you make. Which I get is hard,
Speaker 1: like right now with healthcare costs, with the cost of fuel,
Speaker 1: energy costs. These are all– I know it's easier said
Speaker 1: than done, so I'm not discounting that. But we often
Speaker 1: see people make bad decision after bad decision after bad decision,
Speaker 1: and it's really in an effort to kind of impress people.
Speaker 1: They really don't even like. So, I mean, you're spending
Speaker 1: a lot of time, effort, and money buying fancy things,
Speaker 1: consumer items. I mean, there was a guy I worked
Speaker 1: with for years who walked into my office every six
Speaker 1: months with a new pair of $ 800 shoes on. And
Speaker 1: it wasn't a secret. He wanted you to know he
Speaker 1: had $ 800 shoes. And I just could not get my
Speaker 1: head around that. How somebody could spend $ 800 on shoes.
Speaker 1: I guess people do it all the time. But the
Speaker 1: point is that if you're buying consumer goods in an
Speaker 1: effort to impress people, it's only going to come back
Speaker 1: to haunt you when it comes retirement time. Yeah, 100%.
Speaker 3: I mean, like literally 100%.
Speaker 1: That's exactly what happens. Yeah. I mean, if you think
Speaker 1: about somebody who just like in my example of Billy Ray,
Speaker 1: I actually did the math of Billy Ray puts 10%
Speaker 1: of his income of 120,000 a year away and he
Speaker 1: gets a 3% match, which is kind of average for
Speaker 1: most 401ks. Just in a 401k, we're not talking about
Speaker 1: crypto or fancy real estate deals, something that's averaged about 7%
Speaker 1: a year, which is more or less where the S &
Speaker 1: P 500 is. He would have had $ 1. 7 million by
Speaker 1: simply putting money in a 401k. And I know people
Speaker 1: are sick of me saying that. I know it isn't sexy.
Speaker 1: I know it isn't fun. But by God, it sure
Speaker 1: does work.
Speaker 3: And Scott, going back to what you said a second
Speaker 3: ago about your friends and stuff, you've done this for
Speaker 3: so many years. You've talked to so many clients with
Speaker 3: so many different situations in their life. How often do
Speaker 3: people get into trouble from what you just said? They've
Speaker 3: chosen a friend group that maybe makes more money than
Speaker 3: them collectively, and they're trying to keep up with the Joneses.
Speaker 3: Do you run into that a lot with people who
Speaker 3: just get a friend group that always has that escalating
Speaker 3: thing when it comes to buying new stuff or whatever?
Speaker 3: Do people really get caught up in that that you've seen?
Speaker 1: Oh, goodness, yes. I mean, if you look at young
Speaker 1: people today, and the funny thing is it's not even
Speaker 1: that they make more money than you. It's that you
Speaker 1: think they do because of the way they behave, right?
Speaker 1: The issue we're running into today, my son's 32, as
Speaker 1: you know, and his friend group and maybe younger than that,
Speaker 1: my daughter's friend group, my daughter's 24. What I'm hearing
Speaker 1: a lot is this weird pressure to participate in the
Speaker 1: prediction markets, in the crypto, in all of this stuff
Speaker 1: that they don't understand. They don't understand any of it.
Speaker 1: All they know is there's a weird pressure to participate
Speaker 1: in shortcut actions. quote-unquote strategy, investment strategy. I call it speculation.
Speaker 3: Right, it is.
Speaker 1: And speculation or gambling is really what it is. It is.
Speaker 1: And it's not so much that these people make more
Speaker 1: money than them, but there's a certain, in every group,
Speaker 1: there seems to be two or three people that are
Speaker 1: the loudest. They're the most obnoxious, and there's this pressure
Speaker 1: these young people feel. And it's no different for adults.
Speaker 1: Adults feel the same way in certain ways. A 50-year-old
Speaker 1: may feel the same way. It's like the 50-year-old who
Speaker 1: wants the stock tip. Like, oh, I heard this, and
Speaker 1: I heard that, and they come to me, and they're like,
Speaker 1: what do you think about XYZ? I heard it's going
Speaker 1: to double. I'm like, yeah, but what is the source?
Speaker 1: What is the likelihood? It's always about the shortcut. So
Speaker 1: the answer to your question is, yes, I see it
Speaker 1: a lot, but it's not necessarily because the people pressuring
Speaker 1: the young people make more money.
Speaker 3: It's that they think they do or they think they're smarter.
Speaker 3: Talking to Scott Brown from Edgewater Family Wealth. This is
Speaker 3: It's Only Money. Does it every single Tuesday around this time.
Speaker 3: Part three here says a story from the 401k world
Speaker 3: from last week.
Speaker 1: Yeah, just last week. So it's funny. We've been talking
Speaker 1: about 401ks, and we're going to talk about the event
Speaker 1: on November the 7th, which, by the way, if you
Speaker 1: just go to edgewaterfamilywealth.com, hit the dropdown. That's a Saturday
Speaker 1: because we know 401k people have actual jobs and can't
Speaker 1: just show up at noon on a Tuesday.
Speaker 3: Right.
Speaker 1: So we did. this one intentionally on a Saturday. It's
Speaker 1: still the same steak and chicken, so that's cool. But
Speaker 1: I was thinking about, I was meeting with a participant
Speaker 1: last week who is a very successful person. In fact,
Speaker 1: he's in his early 50s. He has a substantial amount
Speaker 1: of money in a 401k. I'm not going to give
Speaker 1: you the number, but it's an enviable number. And when
Speaker 1: we were all done with the planning and we went
Speaker 1: through the extensive planning that we do with 401k plans,
Speaker 1: this 50-year-old person who has more money than the average
Speaker 1: American by a long shot said, why hasn't anybody done
Speaker 1: this with me before?
Speaker 3: Because you didn't ask him.
Speaker 1: Ooh. Like, literally, we were new to this plan. We
Speaker 1: had just picked it up, and we were just doing
Speaker 1: the enrollments, and this is the first time interacting with
Speaker 1: this individual. And he was perplexed. He's like, I've been
Speaker 1: in this plan for 20 years. I have a bunch
Speaker 1: of money in it. Somebody's getting paid a lot of
Speaker 1: money historically, right? For me to have this money in
Speaker 1: this plan, yet nobody's taken a half hour or 45
Speaker 1: minutes to walk me through the advantages of maybe a
Speaker 1: backdoor Roth or how to participate in this thing or
Speaker 1: how to get a less expensive product inside my 401k,
Speaker 1: how to maximize the benefit. He was like incredulous. He
Speaker 1: walked around like in a stoop for five minutes. Why
Speaker 1: has nobody done this before? And my point in telling
Speaker 1: the story is because I think a lot of people
Speaker 1: confuse enrollment paperwork for financial planning. And because typically what
Speaker 1: happens in a 401k, every year somebody shows up with
Speaker 1: a bunch of paperwork or a computer or a laptop
Speaker 1: and they say, what would you like to do? And
Speaker 1: you say, well, I'd like to participate. OK, great. How
Speaker 1: much do you want to put in? I don't know
Speaker 1: how much should I put in. I don't know what
Speaker 1: can you afford, right? What funds should I choose? Well,
Speaker 1: are you conservative or are you aggressive? And that's about
Speaker 1: the end of the conversation. That is not financial planning.
Speaker 1: Financial planning is understanding how old are you? How long
Speaker 1: do you want to work? What are your goals in retirement?
Speaker 1: How much income do you have now? How much income
Speaker 1: would you like then? What are your current investments? What
Speaker 1: do you have outside of here? What does your spouse do?
Speaker 1: There's numerous 20, 30 different things that need to be
Speaker 1: asked and go into financial planning that are not just
Speaker 1: sign here. Good luck with the plan. And I was
Speaker 1: I was actually kind of thrown off by the reaction
Speaker 1: we got from this participant. Wow, really?
Speaker 3: And only being 50 years old, having that much piled in,
Speaker 3: my man must have been doing all right.
Speaker 1: Well, he's a successful dude. He's in a high-profile business
Speaker 1: and makes a lot of money, but that doesn't always
Speaker 1: mean people who make a lot of money don't always
Speaker 1: save it. So to his credit, despite not having the
Speaker 1: education available and certainly not maximizing the benefit, that was
Speaker 1: kind of what blew his mind, is despite all of that,
Speaker 1: he was still doing the hard part, and the hard
Speaker 1: part was the saving. Right, right, right.
Speaker 3: And again, this goes back to people being kind of
Speaker 3: flabbergasted when they come to meet you, thinking they're in
Speaker 3: a certain situation. And once they leave your office, they
Speaker 3: kind of have a much clearer, better picture of what
Speaker 3: is available and what's capable. And really, that's one of
Speaker 3: the number one things, right? A lot of people like myself,
Speaker 3: when I go in, when I eventually come in to
Speaker 3: meet with you, I'm not going to really understand how
Speaker 3: this thing is going to kind of break down. I
Speaker 3: have an idea, but I don't know wholly. All I
Speaker 3: know is I've been power saving money for a long time.
Speaker 3: And eventually I want that to pay off for me
Speaker 3: when I decide to quit working. Like literally that's my
Speaker 3: entire thing.
Speaker 1: Well, I mean, if you've been power saving, as you
Speaker 1: put it, and I know you have, and a lot
Speaker 1: of people do, you deserve, you deserve the education. You
Speaker 1: deserve the people who custodian your money somewhere, whether it's
Speaker 1: at Fidelity or Prudential or Goldman. I don't care where
Speaker 1: it is. They owe you that time to make that better.
Speaker 1: And I think to your point is a lot of
Speaker 1: people come in and they're a little cynical because historically
Speaker 1: they've met with somebody, quote unquote. They filled out some
Speaker 1: paperwork and they left not knowing any more than when
Speaker 1: they came in. They just know they signed some paperwork.
Speaker 1: So I think that's where the cynicism comes from. And
Speaker 1: it's not just us. I don't want to say we're
Speaker 1: the only firm in town who provides this kind of education,
Speaker 1: although we're the best, frankly. But I'm not going to
Speaker 1: say we're the only ones. But find yourself an advisor
Speaker 1: who's going to take the time with you. And I
Speaker 1: think that's where our success comes from for the last
Speaker 1: 40 years.
Speaker 3: Scott, let me ask you a question, buddy, because we've
Speaker 3: got about two minutes here or whatever. I wanted to ask,
Speaker 3: how important is you liking your client and vice versa?
Speaker 3: How important is that? Because you've mentioned that in the past.
Speaker 3: You've had, not contentious by any means, but you've had
Speaker 3: some curt conversations with some of your clients and them you.
Speaker 3: How important is it that you and the client actually
Speaker 3: like each other? Is that valuable or does it have
Speaker 3: any value at all?
Speaker 1: No, it's huge. It's a must. It's a must. It's
Speaker 1: a marriage. It's a marriage with a financial advisor. I literally,
Speaker 1: as people may or may not know, I'm up here
Speaker 1: in South Carolina, and I just visited one of my
Speaker 1: clients in Asheville, not far from here. And as I left,
Speaker 1: his wife said, you know, we tell a lot of
Speaker 1: people that we're personal friends with our advisor, and they
Speaker 1: look confused. And I'm like, well, that seems super weird
Speaker 1: to me. You're going to give somebody your life savings
Speaker 1: and you don't like them? That's a bizarre thing. So
Speaker 1: it's important for them to like me because let's– I'm
Speaker 1: an acquired taste, I've heard. And if you don't like me,
Speaker 1: you shouldn't– Jack would agree with me. Deb's in my corner,
Speaker 1: by the way.
Speaker 3: You know it.
Speaker 1: I'm on the fence. But the reality is you must
Speaker 1: like them. This is a marriage. And I always tell
Speaker 1: people when they ask, how do you know if you
Speaker 1: have the right advisor? And you know you have the
Speaker 1: right advisor when they disagree with you violently sometimes and
Speaker 1: you let them. Because a lot of people, if they're
Speaker 1: uncomfortable with an advisor and the advisor tells them not
Speaker 1: to do something dumb they're about to do, will fire
Speaker 1: the advisor and go ahead and do the dumb thing.
Speaker 1: So when you trust the advisor to talk you out
Speaker 1: of something dumb, that's when you know you have the
Speaker 1: right person.
Speaker 3: Scott Brown, Edgewater Family Wealth, edgewaterfamilywealth.com. Do we have any
Speaker 3: seats open at this newest event coming up on the 7th?
Speaker 1: We do. So we filled up the last two. So
Speaker 1: we added the 7th of November. I think I said
Speaker 1: the 4th. Sorry, last week. It's the 7th on a
Speaker 1: Saturday at Ruth's Chris in Winter Park, Florida. It's at noon.
Speaker 1: If you go to edgewaterfamilywealth.com, pull the drop down there,
Speaker 1: you can sign up an RSVP. I think we have
Speaker 1: about 12 to 14 seats left for that one. It's
Speaker 1: a great event. That venue is really neat because it's smaller.
Speaker 1: So we usually have 35 people in the room. And
Speaker 1: it's real intimate. We can ask a lot of cool
Speaker 1: questions and get a lot of detail. But if you're
Speaker 1: in a 401k and you don't really get the benefit,
Speaker 1: how do I maximize it? How do I reduce costs?
Speaker 1: Should I do a backdoor Roth? Should I not do
Speaker 1: a backdoor Roth? What is a backdoor Roth? How do
Speaker 1: I get money in? How do I get money out?
Speaker 1: This is the event for you. We cover soup to nuts,
Speaker 1: A to Z, everything 401k in these meetings. And I
Speaker 1: can tell you, They're very well received. We get a
Speaker 1: lot of awesome questions and I highly recommend. And this
Speaker 1: is the same exact program. And when Scott and the
Speaker 1: crew over Edgewater Family Wealth go into a company to
Speaker 1: present for that company as a pitch to manage their clients, 401ks,
Speaker 1: or to make that pitch, this is the same exact
Speaker 1: program that you're getting for absolutely nothing.
Speaker 3: It costs nothing to go to this event. There is
Speaker 3: no hard sell, by the way. When you go to
Speaker 3: the website, you're just reserving a seat. You're not paying
Speaker 3: any money. And on top of that, not only are
Speaker 3: you getting information that can change your life, you're also
Speaker 3: getting a damn good lunch as well.
Speaker 1: Yeah, it's a good time, and it's a good event.
Speaker 1: It's fun. We have a lot of fun with it.
Speaker 1: You get a good meal, and you're right. There's going
Speaker 1: to be no timeshare experience at the end.
Speaker 3: Right, but you do also have a couple books that
Speaker 3: people can grab beforehand for free right from your website, correct?
Speaker 1: Yeah, yep. If you go to edgewaterfamilywealth.com, you want to
Speaker 1: read my book, I Never Made Anyone Rich, or my
Speaker 1: other book, I Got a Guy, which is a guide
Speaker 1: to using a financial advisor, what questions to ask. Just, again,
Speaker 1: go to edgewaterfamilywealth.com. family wealth dot com if you don't
Speaker 1: have time to make it to an event we do
Speaker 1: a ton of consults and some of them are five
Speaker 1: minutes and some of them the people come in for
Speaker 1: two hours it just depends on what you need again
Speaker 1: edgewater family wealth dot com is your resource to reach
Speaker 1: out for a book or for a console.
Speaker 3: Also, real quick, speaking of books, I know that you
Speaker 3: have a plethora of books that you've read. I want
Speaker 3: you to every week start kind of giving people a
Speaker 3: heads up on a book they should read. You sent
Speaker 3: me one about Henry Flagler that I'm going to go
Speaker 3: out and get this week. Give me another book that
Speaker 3: people out there can actually read and kind of apply
Speaker 3: that to their life that isn't so complicated. Maybe just
Speaker 3: some basic ideas about managing finances or stories on how
Speaker 3: you move into that world where you're comfortable with doing that.
Speaker 3: What do you think a good intro would be for that?
Speaker 3: I mean, I think one of two books is great.
Speaker 1: Morgan Housel's The Psychology of Money, which is actually a
Speaker 1: relatively new book, covers everything pretty well, and it's plain spoken.
Speaker 1: It's in simple English. I think everybody would understand that book.
Speaker 1: And then the other one has been around for 40
Speaker 1: or 50 years, which is The Millionaire Next Door, which
Speaker 1: is kind of what I preach, how to handle money
Speaker 1: and what millionaires actually do to become millionaires. Yeah, yeah, yeah.
Speaker 3: EdgewaterFamilyWealth.com. Guys, save your seat. November 7th, right there in
Speaker 3: Winter Park at Ruth's Chris. It's a Saturday event, so
Speaker 3: you can go. And the information for your 401k could
Speaker 3: change your life. It really could. Scott, always good seeing
Speaker 3: you guys. Good and loud for Scott Brown.
Speaker 1: Yay! Go Rays!
Speaker 3: Play well, buddy.
Speaker 1: Go Rays! Oh, God.
Speaker 3: Oh, God, dude. Yeah, yeah. I'll see you later, buddy.
Speaker 1: All right.
Speaker 3: Deb, what's coming up for You Heard It Here First?
Speaker 4: The governor hands out recovery checks to panhandle communities, a
Speaker 4: tugboat captain is sentenced in a deadly crash, and several
Speaker 4: Orange County public school students are going to be performing
Speaker 4: in the Macy's Parade.
Speaker 1: Really?
Speaker 4: We'll talk about that next during You Heard It Here First.
Speaker 3: All right, a single break. We'll come back and get
Speaker 3: Deb's news and get the hell out of here on
Speaker 3: a Tuesday. Little by little, that humidity is returning to
Speaker 3: Central Florida.
Speaker 1: Hi there, I'm Fox 35 Storm Team Meteorologist TJ Springer.
Speaker 1: And with that, it'll...