How to Money Friday Flight - AI Money Impacts, Side Hustle Salad Days, & Sullen Savers #1113
20 snips
Mar 13, 2026 Quick takes on AI reshaping mortgage underwriting, workplace productivity, and tax advice reliability. A look at costly EV repairs and whether pricey travel cards are worth it. Discussion of why starting side businesses is easier now and why over half of Gen Z are hustling. Warnings about real estate headwinds, risky alternative funds, tariff refunds, and taxable student loan forgiveness.
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Electric Vehicle Repair Can Be Astonishingly Expensive
- Joel and Matt discussed a viral video showing a Rivian repair that cost around $40,000 for a dented panel.
- They used the example to explain why new EVs can be far pricier to repair due to scarce standard parts and complex assemblies.
High Fee Cards Can Pay Off For Frequent Travelers
- The Robinhood Platinum card charges a $695 annual fee but returns up to 10% back on hotels and car rentals.
- Joel calculated one monthly trip with two hotel nights plus a car rental would recoup the fee, making the card sensible for frequent travelers.
AI Could Cut Mortgage Underwriting To Minutes
- Better partnered with OpenAI to underwrite mortgages in roughly 60 seconds on average, promising dramatic speed improvements.
- Faster underwriting could reduce friction and lower some homebuying costs, though edge cases may still need human review.