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The High Cost of Loyalty – Episode 115

  • August 21, 2019
  • Matt
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Loyalty to certain brands, stores, or service providers could be costing you a ton of money. The same might be true when it comes to your devotion to an employer – your loyalty might be keeping you from earning more. There are times when loyalty is appropriate and justifiable, and we’ll discuss those instances, but just be mindful of where your allegiances lie. Sure, dedication can be great in your personal life with friends and loved ones, but we want you to question your loyalty, especially when it comes to faceless corporations where there isn’t any personal connection.

Additional Resources:

  • Here’s that article in Wired covering the unbelievable growth in esports
  • The Stanford Business article describing the decline of the norm of reciprocity in the workplace (but in contrast, the rise of it in personal scenarios)
  • In light of our conversation on this episode, Uber’s decision to deactivate accounts of riders who fail to behave puts an interesting spin on the idea of loyalty. Regardless, we agree that respect is indeed a two-way street and are excited to see steps toward accountability between any business and customer.

During this episode we enjoyed a Fairy Nectar London by Kros Strain Brewing Co- another big thanks to Joey in Omaha for donating both beers to the show this week! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.

Best friends out!

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Having Essential Money Conversations with your Parents, with Cameron Huddleston – Episode 114

  • August 19, 2019
  • Matt
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Ask HTM: Long Distance Landlording, Pros and Cons to Bankruptcy, and Getting My 20 Year Old Sister Investing – Episode 116

  • August 26, 2019
  • Matt
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1 comment
  1. Avatar Rusty says:
    August 27, 2019 at 10:48 am

    Hey Guys!

    Thanks so much for this episode. It encouraged me to move away from my loyalty to a life insurance company to move to something else that is way more economical. After listening to this episode I stopped paying blind attention to my rates and discovered I was getting ripped off due to my loyalty to that person who is a personal friend. Granted they do not set the rates, but I have been letting my friendship cloud my judgment. As of today, I am making moves forward to better benefit myself and future wife. Keep it up guys, you rock!

    Reply

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