Mastering Capitalism: The $1T Musk Strategy

Hey everybody, welcome to the initial episode of Red, White, and Green. I'm so excited about this because this is the show where we give financial advice for people who love America. Now, I'm not saying who you are and who you are and who loves America, but we love people that get good financial advice. learn

this system of capitalism in America and learn how to make millions and millions of dollars. And we're going to teach a lot about that to you on this show. Uh, of course, every week on the Red, White, and Green, I'm joined by my co-host here, Southside Steve.

>> Yeah, come on. And I am definitely have no problem being a conservative, and I love my country. >> How many businesses do you think at this point you've actually opened up?

>> One, two, I'm counting out loud. One, two, three, four, four. Five technically. Five businesses. >> Five businesses. >> Five businesses. A bourbon, a water treatment company, a bar. That was a lot of fun, don't get me wrong. And currently a couple of podcasts that I'm

working on, including four hours of radio in 30 minutes. That's great. You know, everyone, as you watch the show, you can always go to our website at redhand green.com. Check everything out.

The podcast will be on all the major channels, Spotify, iHeart, Apple, and so much more. We're so excited to bring you this show every single week to give you lots of good financial information. And I like open this up with sort of a news you can use, Steve. That's what I say.

>> My kind of news. >> And this is really about America's money headlines every week and what what I see happening in America and things that may affect capitalism. First one that came up this week, Stephen, and this was this was just literally today that came out is that

>> Trump basically said and the government basically said, "We are going to start to garnish student loan repayments." So, meaning that they're >> I have not heard that ever. You're supposed to pay back your student loans.

People take their time. They pay when they want to pay. But I've never heard of garnishment. >> Well, who gets garnished really? Isn't it like deadbeat dads and stuff like that that get garnished?

>> I'm not a dead beatat dad yet. Uh, I still have my two kids under my roof, but no, you're right. Those are people that get garnished. And if you owe the IRS, we know they garnish, but I did not know they would do this for student loans.

>> So, who gets garnished? Criminals. >> Criminals. Bad people. >> Deadbeat dads. >> Deadbeat dads. >> And now people that don't pay back their student loans. So, what category does that put them in?

>> I guess to me, are they dead beats? In a way, you are. If your college is providing the income that you have and you went to college for it and you agreed to it and you got the knowledge, yeah, you should pay. So, I guess you are dead.

>> Here's why I think this is such an important story. Because if you're an American and you borrow money, you need to know this. It isn't free. You've got to repay it. We have a system where banks or individuals or other people will loan you money. And when they loan you money, you have to repay. And what

happened, Steve, is COVID happened in 2020. The government said, "Oh, we feel for people, etc., the job market, the worldwide pandemic. We're going to put a pause on you paying back student loans." That pause was only supposed to be one year. Then it went for two years. Then it went for three years.

>> So, people are used to it. >> That's right. >> They don't They want the pause. >> They said, "Hm, maybe I just I won't have to pay this back alto together." >> You know, those conversations happen at parties. I don't think I'll ever have to pay it back. The lesson here I always

say in capitalism is like, you know, what's great is you can borrow a lot of money. And there are a lot of ways to leverage that money to make more money. But when you borrow money, you got to pay it back.

>> You have to pay it back. >> Do do you feel bad for people that are going to garnish their student loans? >> Let me think. Absolutely not. No. Pay it back. I pay for my college. I >> I don't feel bad.

>> Limited college, >> Steve. I don't feel bad for the millennials who are like, I should be going to Italy and I should be going to France. Pay back your damn student loans.

>> Dad, don't go backpacking. >> We saw this last week. Obviously, probably the biggest news that came about, Steve, was the uh capture of Maduro and uh bringing bringing him to potentially justice in New York City >> and his wife. They're both in handcuffs.

Both of them are bad bad people. They're bad people. >> There's sort of been this discussion that's been going on out there about was this really about narot terrorism? Was this a a an American play or a Trump play for oil?

>> What which one really was it here? And that seems to be what's being talked about on the news. >> I think common sense will tell you it's both. Uh naroterrorism, which is not a term I've ever really used, >> right?

>> He is uh he's he terrorized, he put himself into power, and you know, he's a bad guy. He's killed some people. He's going to come to justice for that. Um but as far as the oil, we have to go in there and hold off and protect it so it doesn't fall into the hands of China, Russia, whoever. Well, most people may

not realize, and now you do from watching the news, that Venezuela is the largest producer of oil. I kind of knew that. Okay. And here's what people have to understand about capitalism. People say, "Oh, this was just for Trump to get oil for billionaires and to make all these oligarchs rich and things like

that. It's completely unfactual." And let me tell you why. What have Americans said? Americans have said, "I want to be able to have lower prices every day. the people that are middle class Americans that want lower prices. Well, one of the biggest things that people bitched about, Steve, was gas prices.

>> That and eggs, those are the two things I hear most about. I don't know why they >> Well, they don't they're not exporting eggs out of Venezuela. So, I can tell you that >> there's no chickens in Venezuela.

>> Like three and Maduro and his crew had them. >> Yeah. And Maduro killed the chickens before he was arrested. He knew. >> But Steve, I had somebody today who sent me a picture and gasoline was down to $2 a gallon.

>> It's unbelievable. >> $2 a gallon. So when you start looking at it and people are going, why is this guy trying to do this? How come people can't have a positive capitalistic outlook number one to say, oh my gosh, this is about making gas prices cheaper for Americans. It's not about

billionaires at the oil companies getting rich. >> No, and I I firmly believe that and that's where you have to have faith. But I think you're exactly right. It's it's what he ran on. He's delivering what he ran on.

>> And the bigger piece of this that people don't get is this about the Western Hemisphere of America. Uh there is no way, no how that Putin, Xi, uh Kim Jong-un, anybody would say, "Hey, Trump, United States, why don't you just settle up in a bunch of countries here and go settle up on the eastern half of the

world?" And so we do have to flex our muscles unless you want this to become socialism, which is what China is, which is what North Korea is. And Russia, forget about it. You think Putin gives a damn about the people in Russia?

>> No. >> About a chance. >> No. This guy loves his horses and riding shirtless. I mean, he's all about himself and that's okay. All three of those guys you mentioned >> does ride shirtless.

>> He does. There's pictures of him riding shirtless. I don't know why. And by the way, your Areas are off. I just wanted to mention that. But he's a dictator. >> You think you're depressed spend three days in Moscow. That's for sure. My last quick fast headlines on here is that there's been a lot of scuttlebutt about

Elon Musk becoming the first trillionaire with the Tesla pay package. Do you think it it's this is bad for America that somebody could actually be not a billionaire but a a trillionaire?

Is that is that bad for America? Bad for the world? >> No. I look at it like this. If there's a guy with that much money, how did he get it? And what jobs are he providing? What careers is he providing with that much money? And to me, it's okay that you've got to have that guy if you're going to

have a flourishing economy. And this this is what again as we talk on this show about capitalism and why it's so important over the next 250 years in our country is that simply put what Elon Musk is is he's not just an idea guy but he's the ultimate entrepreneur >> Tesla

>> big company SpaceX >> SpaceX they land themselves >> what did he just do for Venezuelans he put up Starlink for free for a month and talk to anybody that's gone hunting in Alaska and used Starlink like you could be in the middle of nowhere and you get an internet signal. Comcast hadn't

figured that out or any of these companies. Not only did he take over X, but he's got Grock or the XAI when people look at Gemini and chap GBT and stuff like that. He's got Neuralink.

He's helping people that were paralyzed that now he's going into their brains and teaching the brain to be able to walk and move their body parts again. >> This guy is crazy intelligent. He's the one I want to be a trillionaire. So, I'm just saying to you that like what people don't think about is that you hear a lot

of I would say Democrats, socialists in America talk about how bad it is. There are these billionaires and they got to give back all this money. Let's remind you what capitalism does. The people who really get at it, they create all the jobs. They give money back charitably to the community. You can see this in big

time people like Warren Buffett and Bill Gates and the billions of dollars that they gave back in the end, all to charities all around the world. >> Yeah. So it hap without having that we won't be innovators Steve without being able to become a trillionaire we'll die with people not having

>> I didn't even think a trillionaire was possible and if Elon Musk can go in and send those little messages to the brain to walk do you think he can help with erectile dysfunction >> oh yeah is that a problem >> not for me okay I'm just bringing it up

>> for some people in America it's a problem >> I'm just trying to help you in every way we can >> I'm going to wager yes that if he thought he could go fix that he would he would do it. Um and by the way, when the people see uh the robotics that he's

doing with Optimus and all this other stuff, it's really pretty. >> I I joke, but it's incredible. I think the changes in what he'll bring the next 20 years are unbelievable. It, you know, all serious. So, uh, every week on this show, one of the things I think is really important is that so many people

over the last 30 years of my career, Steve, have said to me, "I I wish I was taught this when I was in high school, or I wish >> I I I paid $200,000 for a college education, and I they didn't teach me this." And so every week I want to bring a segment to our viewers in here that

literally is called they didn't teach you this and things that you can learn and you can use these things and you can build more wealth because that's how I built my wealth Steve is I learned these little techniques and tricks and tips anywhere from IRS code to things that people don't understand about real

estate or business formation. And it was kind of like why people got so mad at Trump. They said, "Well, this guy don't pay any money in taxes." And he said, "We'll fix a tax code." >> Yeah. I'm I'm obeying the law.

>> You know how many corporations he has? >> I don't >> More than 500. More than 500 corporations. So, I don't collect stamps or quarantine or b baseball cards. I collect LLC's. That's what I collect.

I'm up to 21. >> You are? >> Yeah. I'm only 480 behind Trump. >> Okay. I've got one. I got one LLC. And I wonder if somebody watching has LLC's, but it's a great way if you learn how to handle your taxes and how to make wealth. There's some angles.

>> So, one of the biggest things that I hear from people, Steve, is about something called the HSA or a health savings account. And I'm actually shocked about how many people who think they know what they're talking about with HSAs don't. And there's still so many people that just literally do not

know what an HSA program is. If I could say for the basic person because I know how I was. It's at your company HSA they draw money out they match to a degree and that's money that can be used for medical bills and that's what most people know and it builds interest.

>> So basically if you think about the concept of the HSA it was all really designed to get people to move to what's called to be a high deductible health insurance plan. So when you choose your insurance at work or through whatever exchange you're going through, you got a choice of doing a low deductible health

insurance plan or a high deductible health insurance plan. The idea being if you choose a high deductible health insurance plan, your premiums are going to be lower. So one question to be asking yourself on a general basis is do you and your kids get sick? Do you have major surgeries every year or not? And

if you're generally like I don't really go to the doctor that much, there'd be almost no reason for you not to be. and a high deductible health insurance plan. So with that, the government set up something that literally does not exist anywhere else, which is a triple tax-free account. That is what a health

savings account is. You get to put away money pre-tax, >> right? >> The money grows tax deferred, meaning it will grow and grow and grow till you take it out. And if you use it, which I'm going to explain to you and teach you today what this is for qualified

expenses, it comes out taxree. >> I like anything taxree. Well, I'm just saying this is this is like triple tax free. You never ever ever pay tax on the money.

>> I love this. >> So, for individuals this year in 2026, you can put away $4,400. If you're a family, you can put away $8,750. And there is one good news, Steve, in this country about being 55 or older.

>> You saying that to me? >> Well, we're both in that category now. So, I mean, at 55 or older, >> we need hair and makeup. you get a catch up of $1,000. Now, I'm going to teach you this because 99 out of 100 Americans at that age do not realize that exists and they only put away $87.50 and not

9750. That means if you put $10,000 into your HSA plan, you're going to save roughly $3,000 in taxes right now. That's awesome. >> And then you're never going to pay money on that$10,000 again.

>> That's perfect. And by the way, I did know that loophole and I did that because I knew I was over 55. And you're exactly right. I don't think most people know.

>> So, one interesting thing in here, and this is where I'm shocked when I look at people's personal finances, is that 10 out of 10 times, is not even nine out of 10, people don't realize they can invest their HSA money. Meaning, like if you have an IRA or a Roth IRA and you're like, damn, I I would like to be able to

buy the S&P 500 in my IRA or Roth IRA. No problem. You know, you could do the same thing with your HSA money. There's going to be a button in your portal that says, "Do you want to invest your money?" And if you click that button in your portal, you can buy large company stocks, international stocks. You can do

a lot better than the lousy rate of return that they're giving you on your HSA account. >> Oh god. Now, see that? I did not know. That's that's extremely helpful, especially for somebody's not getting sick.

>> NASDAQ made roughly 20% last year. Let's call it a little bit higher, but roughly 20%. Had I had $10,000 in there, I could have made $2,000 more on my health insurance money by having my health insurance money work for me.

>> Damn. >> Well, what does that cover? What does that cover, Steve? People that kids need braces or they got, you know, >> they have to have an operation or they're sick or they got some ear ear canal problem. I've had all that.

>> So, what qualifies as a medical expense? I'm going to tell you. Doctor visits, tests, prescriptions, deductibles, dental care. >> Dental care. Yes. Every does every kid now need braces? That's what I'm I'm hearing.

>> Well, everyone that comes here from London, but that you know, no, but I'm just saying, >> y'all have a great accent, but you do have the worst teeth in the world. I don't know.

>> Of course they need braces cuz you have the child dentists that are basically like, listen, don't you want your kid to have perfect straight teeth? No. I know a lot of people that are my age that don't have straight teeth. They're just fine.

>> I know a lot of actors that don't have straight teeth. I know a singer who has a horrible mouth and if he fixed it, he probably wouldn't sing the same. And then when your teeth go out of line today, what do they do? They go, Steve, put Invisalign on for a year. There's another $2 $3,000. But these can be

covered. Vision care, Steve, eye exams, prescription glasses, >> all through HSA. >> Even by the way, the metag glasses that I got you.

>> Oh, >> if they're prescription, they'd be covered underneath the HSA. >> Wow. >> Yeah. You know, I want you to think about that.

>> I have a slight prescription, but not a big one. So, I'm fine with what it what it is, but that's good to know. >> Hearing aids, no good. Yeah. >> Are all covered underneath these shelf.

Fine. >> I'm going to just share this last couple pieces of information that you can go to great websites and they will have HSA sections places like CVS, uh, Walgreens, but the one that I like the most is called the FSA store. F as in Frank SA store, and you can go there and they

literally, Steve, have thousands of things that qualify underneath the tax code for you to spend that money. Most importantly, this is not a use or lose deal.

>> Mhm. I mean, if you don't use it, you don't lose it. It rolls over from year to year to year. So, listen, I know for a fact that in, you know, my kids recently went to college. They're not teaching kids in college about HSAs.

They certainly don't teach it in high school. And guess what happens when you go to work at your workplace? They don't tell you anything about it as well. So, where are you going to learn this information? This is how people that have small bits of money make an extra two grand here. They save an extra three

grand here. And this is how you start to build your net worth. It's by learning these little tips, tricks, and techniques >> because it adds up. And fsasstore.com is the place to go to get it done.

That's a great use of your money and making some extra money. You know what that does for me in my house? Makes the wife smile. >> Yeah. Oh, yeah. 100%. Does she smiling?

>> Not right now. She's frowning. After she watches this episode, she'll be smiling. >> Then she might be smiling. So that's this week's segment on They didn't teach you this. And hopefully you know about HSA accounts right now. And every week since it's our first episode, that's why

I'm really excited to have my co-host Southside Steve Rickman because he may be one of the best interviewers that I have ever met in my whole life. And so many of you out there, we're going to be doing a segment here called the Green Room. And the Green Room is us bringing in successful entrepreneurs, business

people, people that have just succeeded in life. It may be military veterans. And Steve, you're really going to interview these people and we want to understand how did they get rich, right?

How did they >> How did you do it? >> I mean, seriously, how did you do it? And you're right. I've got a lot of experience in green rooms with rock stars and comedians, but I would much rather be in a green room with an entrepreneur.

>> But even those successful ones, don't a lot of people drive home or after a party, they meet someone, they're like, gosh, every time I talk to that guy, it just seems like he's got something else and he's crapping money. I mean, how does he how does he do it? Yes, I would love to crap money. Yes, that's the kind

of crap you love. >> Yeah, everyone loves to crap a little bit of money, but this is our this is our chance uh our opportunity to be able to help you at home meet some of these people and understand from their years of experience how they did it. We're doing that every week right here on the

green room. Let's talk Main Street America money, capitalism, but let's do it from the green room where we talk to someone famous, someone that's done it, they've succeeded, and then we find out how the hell they did it in the green room with me right now, Lee Heisman. How are you doing?

>> What's up, Steve? How you doing? >> First off, your name Heisman. >> It's exactly right. >> I mean, think about it, dude. You already You were born a winner.

>> Great name. Great name. I love it. Uh, so for you, I'm just going to ask you, how did you get rich? >> Cuz I mean, you are rich. Anybody I'm talking to is is definitely at a millionaire status. Fair question.

>> Fair. >> And it's a little bit crude, but it's the green room. How did you get rich? >> Now, Steve, for you, I I'll answer any question anytime.

>> Okay, first off, you've heard the whole adage, hard work. You know, that obviously solves everything. Uh, here's here's what I've done over my career. And again, I'm 54 this year, so I've been around for a long time.

>> All right. Since you said a long time, I'm going to help you out cuz uh that's I'm I've been around a little longer. Tell me the first million. They say the first million is the hardest.

>> True. Once you break through that, >> so the first that's where you break through with money, you can make money. So tell us first how you made the first million. Well, you know, I found something that people needed. I will tell you that was the biggest part is is what do you need? I had a technology

firm. Uh no one really knew how to take care of their technology. They knew how to make their widget. So I was able to become an expert in that space. >> What the hell is a technology firm? I'm sorry.

>> So, yeah, we supported computers years ago, you know, years ago. You >> talking about the big ones that took up all the space. >> That's exactly right. So, you f I found a need that people didn't know what to do. I knew how they knew how to make their

widget, but they didn't know how to support that and get the tech. So, I would I had a tech company, grew that tech company, and that was kind of the first breakthrough into the first million.

>> So, your help into making your first million was obviously college educated. >> I was college educated, but not in that area. >> What brought you into the area?

>> I learned how to think in college. I did not learn how to make money in college. I learned how to think. >> Okay. >> So again, I saw a need. I used to be a client. So when I had other smaller businesses, I realized, man, I I don't know how to do tech and I realized how

important it was when I had my old businesses. >> And you knew it was the future. You're looking for that thing that's the next big thing.

>> Yep. I felt a pain point when I had a different business and I realized, man, I need to solve that cuz I know what the pain point is originally myself. So that's what I found. I found that little that little Achilles heel in most businesses and said, how do I fix that for

>> Were you single when you got rich? I well I I was I was rich. I became single and then got poor and then had to get rich again. >> We're not counting divorces, but that's funny. Fair. Uh let me say your biggest lesson. What could you teach someone watching right now? Cuz everybody's

looking for it if they don't have it and they're like they probably beat themselves up. What am I doing wrong? You look on social media, you see 16-year-old millionaires. At least they're telling you they are. So what can you teach people about capitalism?

Well, I'll tell you this much. You know, I I I like capitalism because, you know, effort, it's not all equal. You can't give everything out to everybody in an equal fashion. I think effort shows a lot. So, availability, man, I'll tell you, my claim to fame is I'm 247 all the time. Now, I'm not saying it's good for

the home life and the family unless you set that standard. But being 247 and being attentive to people, to your staff, to your clientele, to the people around you. I mean, Steve, I've known you a long time. I'm highly attentive to your needs all the time, even in a personal relationship, right?

>> Yeah. It's it you really are. It's almost like you are just waiting for me to call and I know that's not the case but that's the way you make me feel and that's true.

>> Well, you know, I'll tell you it is the case. I am waiting for you to call me. >> Okay. Uh right now I want to apologize to Lee Heisman's kids and his wife and I'm sorry he's not there for you but boy he's there for me.

>> No. Uh real quick fair question. When you're raising small ones and you want to coach and do things, are you able to do those? Can a capitalist actually participate in family life? Is there a shutdown day for you? Is there ever a time where you got like the phone's down for dinner or on a Sunday or whatever?

>> Man, I I I hope I I hope I don't upset a lot of people. The answer is no. Okay. Uh you know, I've set life is about look, happiness is very simple. Happiness is about expectations. And if you set the correct expectations up front, everybody's going to be happy. So with my family and they know it, the

expectation is unless you know if they they take president for an emergency. No question, Steve. However, the expectation is I'm a workaholic. They know it. I carve out time for I do set time. I obviously spend a lot of time with the family, but they know when it comes to work, no question about it,

that takes precedent because it provides for our entire family. >> Once again, speaking to Heisman's family, to your daughter, uh, I know you're playing softball today. Daddy won't be at the game, but here's the good news. If you get hit in the head, he'll show up at the hospital at some

point to make sure you're okay. >> It's fair. And you know what? Here's the best part. Whatever happens, I'll be able to pay the bill to take care of you.

>> That's what we're talking about. That's America. That's capitalism. in saying that and I'm talking about family and teasing you obviously. What about the doubters? What about when you had these ideas? What about adversity? How hard and how do people network that? Cuz there's always the people like you can't

do it. You're not going to be able to do that. You're dreaming. You're a dreamer. Well, first I'm told that today all the time. So, let's start. That hasn't stopped. From the moment I've done this to now, you get a few little victories, but I'll tell you this. It is people see the success. Steve, we started this by

you saying, "How did you make your first million? And how has it grown exponentially?" We're talking about the one out of a hundred times that I did succeed. It's the 99 times that I've failed that nobody wants to see and nobody hears about. So I'm telling you right now, my life is a giant failure.

It's a giant doubt. But people only see the one to 2% where there's success. >> Really? >> Oh, all day long. I'm failing constantly. That that's that is my world. I'm >> see I try not to fail. I think people need to embrace that a little bit.

>> Well, look, whether I want to embrace it or not, it's happening. It's going to happen. So, I I pretty much just know, hey, if I go into something, if if it succeeds, I'm always shocked. Even to this day, at my old age, I'm always shocked. That's amazing. It worked. But I'm telling you, if we go into the

mindset of this is the worst that's going to happen, I can accept that. Then everything else is gravy after that. >> Dumbest purchase you ever made. >> Oh my gosh, there's so many. How about uh two homes at the same time? That was a recent one.

>> That That's an easy one. I got two homes down the street, four minutes from each other. That's It depends where I want to sleep that night. >> Okay, that's good. Uh purchase that you made with your success that brings you the most happiness.

>> You know, I I'll be frank with you. Um having three wonderful daughters and my wife, even my my in-laws, my parents, any purchase that has to do for them and I see their smiles, I've gotten enough.

I'm good right now. But anything that I can buy for them, friends and associates, listen, my business partner, Ted Jen, if I buy him something he actually likes, that brings me the most happiness. That's a needle in the hay stack. That is >> That's why I don't buy Ted anything. I

don't want to fail. >> So, remember I told you I'm used to failure. I'm telling you, 99 gifts out of 100 are a failure. And then I hit one gift and it's suddenly there's my my unicorn gift.

>> I love it. It's the red, white, and green show. It's for people that love America and love money. This is a success story. Thanks, Lee Heisman. >> Yes.

>> For coming into the green room. >> Exactly right. Thank you so much, Steve. all my years of of dealing with people's finances. And because it's our first show, I just share some background on this that I used to think that it was only people that didn't have money that look for these frugal little money

hacks, Steve, on like how to how to save money. What I learned is often the richer that people get, the more stingy they become. >> 100%. And what happens is a lot of people that are entrepreneurs that are worth a lot of money, when they have a lot of money, they always have that

feeling that they're going to go broke because most of them remember what it was like. >> It's a struggle. >> That's That's exactly right.

>> It's always about the struggle, how you got there, where you started from. >> So, they love these money hacks and that's why, you know, every week I want to bring you a little segment I call get the green, which are which are money hacks that I've used or I've figured out over time. And I would never call myself

somebody who's cheap. No. >> Okay. But but this is not about being cheap or frugal. But if there's a deal to be had there, that just means you're smart.

>> Yeah. >> Right. It's like setting up a corporation and learning how to burn expenses in it to save money in taxes. It just makes you smart.

>> Did you get a good deal on the cologne that you gave me two Christmases ago with my name engraved in it cuz I'm still using it. >> I went into the Creed store, which by the way is like $8 million a bottle.

>> It's way when I saw the size of the bottle, I'm like, "Oh my god, Ted." >> But you love that thing, right? I took a squirt today. It's actually I have you on a shelf all by yourself with track lightning on the bottom.

>> I took a squirt today. You don't tell people that in the morning, do you? >> No, I don't tell. No, I shouldn't say I took a squirt today. >> So, one of the ones I want to teach parents today, and I think Steve's going to love this one, is that if you've got kids that outgrow their clothes every

five minutes, I hear parents say, "My kids's growing like a weed. They're growing like a weed." And you're gonna want to lean into today's money hack because I've learned how that store that some people call Target and some people call it Tar, how it works because Target has 45 private white label brands. And

the one I'm going to be talking about today is called the Cat and Jack brand. >> Cat and Jack. >> Yeah. Yeah. Yeah. So, here's the Cat and Jack brand. Target has like a big kids clothing brand. Shirts, leggings, school clothes, jackets, you name it. And here's the secret. This is the scoop

that people don't know. Steve, >> I got some Cat and Jack going, so I'm I'm interested. I got a 5-year-old and an 8-year-old. I'm >> Cat and Jack comes with a one-year guarantee. Now, who's who's bought a pair of clothes? I'm not talking about the tough skins your mom got you um in

the Husky. In the Husky version, >> padded knees. >> Yeah. No, nobody loved Husky. But Cat and Jack comes with a one-year guarantee. That That's not 30 days. It's not 90 days. It's a full 365day satisfaction guarantee. What does this mean, Steve?

>> That means you can just bring them in at 364 and say, "Hey, these these pants are defective or they've got a rip or they got a tear." >> That's right. Is it possible your kids the clothes rip?

>> Yes. >> Is it possible they bang them up in the backyard or at school the blow out? What about if the color fades? >> That's a problem that the washer is going to do that in the dryer just with the chlorine in the water or if you're out in the sun a lot, but the color is

going to fade. So, if these clothes have been worn, they've been washed, there's wear and tear in them. If you take them back to Target, you can get a with your receipt, which why you got to hold on the receipt.

>> Yeah, you got to hold on to the receipt, you can get a refund or you can get an exchange for a brand new set of Cat and Jack clothes without paying another dollar.

>> All right. I'm wondering how do they how do they make money that way? Doesn't everybody do that? Well, first of all, this is why you're listening to Red, White, and Green, because literally zero out of a thousand people know that this exists. And they might go to Target and shop and buy the clothes, and they may

not even realize that those clothes have a one-year guarantee. No. >> But if you didn't, and you're shopping at stores because you want your kids to have the plush premium brands, all this other stuff on there, you're wasting your time and you're wasting your money.

So, when this item wears out, you're just going to go down to Target. You bring the receipt. If it gets worn, torn, ripped up, the stitching didn't hold up, uh they didn't last as long as you expected them to, they will refund the money because what do kids do? You have young kids, they destroy clothes.

>> That's all they do. They don't care. You tell them not to get this particular outfit dirty and they still do. >> So, I think this actually to a degree, it lets your kids be kids. You can say romp around anywhere. Don't worry about it. But how mad do parents get at their kids sometimes when their clothes get

all ripped up and it's like we just bought you the that new shirt and you just tore something in the elbow or we bought you something in your jeans and you just tore it out. Well, now you have a way to have a guarantee on the clothes.

>> You just got to know what brand's going to do this and Cat and Jack does out of Tar. >> Listen, there are multiple things inside of Tar. Uh I recommend obviously not only downloading the Tar app, but being part of the Target Circle Club if you're a tar tar shopper. Um, I'm going to

share some over time with you in places like Walmart and other big department stores and give you some tips in here that people have never heard of. Next week, Steve, I will talk about one major Chick-fil-A hack.

>> This is a crazy Chick-fil-A hack that literally will save your family five or six dollars every time that you go there just by doing something smart. >> I can't wait to hear because that's the best drive-thru in America. It's half the reason I go there.

>> Yeah. You think Dan Kathy's rich? The whole Kathy. Yeah. They got they got a few dollars. >> He's not a trillionaire, but he's trying.

>> I'm just saying, you know, I we're a little biased because we're out of Atlanta in here, but there isn't a better fast food place in the country than Chick-fil-A. People argue In and Out and other places like that. I'm not talking about the food per se, although Chick-fil-A is great, but nothing runs

like that operation. You talk about people that say when the pandemic came around >> and Dan Kathy, they they were like they they could have taught the military things. They they could have taught health and human services because within 3 days you had nine kids outside of

Chick-fil-A and they were mowing them through there. >> They do and they their clothing line's unbelievable. Best uniforms in fast food.

>> So look, my my hacks in here are never about gaming the system. What we're trying to do here in Red, White, and Green is teach you about capitalism, which is understanding the system, right? There are a set of rules that are out there. Your job is not to break the rules. Your job is to understand the

rules of the game. And when you do, let me tell you what, Steve and I, we're gonna unleash a power inside of you because you're going to feel empowered to be able to get out there, whether it's starting a side hustle or you're figure out how to be an entrepreneur at your corporate job or every time that

you earn a dollar, you figure out more ways to keep that money in your pocket. That that is why I love getting up every day and being an American, Stephen, and being in this country because people are like, "Why do you work so hard?" I'm like, "It ain't work. It ain't work. I'm up building businesses every single day,

employing lots of people and helping people grow their own net worth. >> I'm earning and helping others. And that is one reason why I love America and I love money.

>> So that's today's uh money hack, Steve. And and always get the green. And I love ending our show every week, not on red, white, and green, but on red, white, and scene, which is what you need to be watching out for the next week when you're watching your money and figuring out how to build your wealth. Uh

definitely look out for the jobs report. It should be interesting. ADP is going to announce a whole bunch of numbers out there. Watch for what's happening in your New Year's resolution. Most people within one week, their New Year's New Year's resolution blows out the door.

I'm going to give people the ultimate book for free next week. That will transform their lives financially within 21 days, which is going to be unbelievable. And keep an eye on Bitcoin. I think that's going to be a story. It's hovering about 90,000 91,000 right now. We'll see if Bitcoin with

everything that happens in Venezuela gets back above $100,000. So, we appreciate you uh tuning in and watching this show. We're going to bring you great stuff every week here with myself, Ted Jenin, and my co-host Southside Steve Rickman talking all about capitalism, money, and how to help you

build your net worth here in America. As always, go to redhitand.com if you want to see a replay of the show. You can check out our YouTube channel. You can always listen to the podcast anytime on Apple, Spotify, iHeart or anywhere around the internet. And for these folks that want to toy around with this next

week, yes, I Ted Jenin developed the first AI financial coach in America, go check out the website thebuckguru.com. It'll be free to you. Thebuckguru.com. If you say you can't afford to get financial advice, this will be free to start and ultimately under a hundred bucks for you to have a financial coach

247 that will hold you accountable. That's this week's episode here in Red, White, and Green. Steve, thanks for co-hosting with me. >> My my pleasure. 99 a year ain't nothing.

And I can tell you right now, if it makes you money and it's free to start, hell yeah, do that. And that's a big yet come on for me. >> Yeah, $99 is like one meal at Chili's if you're lucky with four. So, uh, as always, uh, remember, financial freedom is American freedom. Every week, tune in

to Red, White, and Green. We give financial advice here for people who love America.