Hilarious Guessing Game: Cody Ko Guesses Minimum Wage!

Hilarious Guessing Game: Cody Ko Guesses Minimum Wage!

Table of Contents

1. Introduction
2. The Price is Wrong: Testing Financial Knowledge
   1. Cody Joins the Game Show
   2. Testing Knowledge of Minimum Wage in California
   3. Average Price per Year to Raise a Dog
   4. The Chia Pet: Golden Girls Edition
   5. TMG Studios Membership Cost
   6. The Price of Happiness According to Forbes
3. Conclusion

Introduction

In this article, we Delve into the game show-style video called "The Price is Wrong" by Noel Miller and Cody Ko. The video features Noel testing Cody's knowledge about various price-related trivia. We explore different aspects tested in the video, discuss the answers given, and provide further insights into each topic. Tune in to learn about minimum wages in California, the cost to raise a dog, the price of a Chia Pet, and much more. Let's get started!

The Price is Wrong: Testing Financial Knowledge

Cody Joins the Game Show

The video begins with Noel introducing Cody as a guest on the show, marking their first collaboration. The hosts aim to test Cody's knowledge of prices and financial matters to see how well he understands the economy and society at large.

Testing Knowledge of Minimum Wage in California

The first challenge in the game show is to determine the minimum wage in California starting January 2023. Cody and Noel both take a guess at the correct amount, with Noel providing hint that it is higher than the Current minimum wage. After some deliberation, they arrive at their answers. The California Department of Industrial Relations states that the minimum wage starting January 2023 will be $15.50 per hour.

Pros: Increases income for low-wage workers, helps combat poverty, reflects the rising cost of living.

Cons: May lead to reduced employment opportunities, businesses may struggle to afford higher wages, potential increase in prices of goods and services.

Average Price per Year to Raise a Dog

Moving on, the hosts discuss the average cost per year to raise a dog, according to the American Kennel Club. Cody shares his past experiences with dog ownership and estimates the cost of food, veterinary visits, and other expenses. However, their guesses fall short of the actual amount. The American Kennel Club reports that the average annual cost to raise a dog is $3,085.

Pros: Provides companionship and improves mental and physical health, teaches responsibility and empathy, contributes to a lively and fulfilling family life.

Cons: Requires time and effort for training, feeding, and exercise, can be expensive due to vet bills, grooming, supplies, and other costs.

The Chia Pet: Golden Girls Edition

In a more lighthearted segment, the hosts discuss the price of a Chia Pet planter with a Golden Girls version of Mount Rushmore. While initially unfamiliar with Chia Pets, Cody quickly catches up on the concept. They speculate on the pricing of this nostalgic and collectible item, and after revealing their answers, it is disclosed that the actual cost is $40.

Pros: Nostalgic and entertaining, adds a touch of nature to the indoor environment, customizable and unique gifts.

Cons: Limited lifespan of the Chia plant, maintenance required to keep the plant healthy, may not appeal to everyone's taste.

TMG Studios Membership Cost

The hosts then discuss the price of a TMG Studios membership, which encompasses a range of exclusive content, ad-free Podcast episodes, and bonus hours. Noel's introductory remarks suggest that the content provided is valuable and entertaining. After offering his thoughts on the potential cost, Cody settles on the figure of $1,000 per month. However, to their surprise, the actual cost is revealed to be a mere $10 per month.

Pros: Affordable access to premium TMG content, opportunity to engage with favorite influencers, value for money entertainment.

Cons: Limited availability of membership slots, potential content overload for regular subscribers, subjective relevance of content to individual interests.

The Price of Happiness According to Forbes

Following their discussion of specific items, they touch upon a broader topic - the price of happiness. Noel mentions that Forbes has explored the income threshold that determines happiness. Cody ventures a guess, highlighting the importance of having enough income to avoid financial stress. After their estimates, it is revealed that Forbes suggests an average income of $95,000 to achieve a certain level of happiness.

Pros: Financial security and peace of mind, increased freedom to pursue personal interests, ability to afford desired experiences and quality of life.

Cons: Happiness is subjective and can't be solely determined by money, diminishing returns on happiness beyond a certain income level, potential for materialistic values to overshadow other aspects of life.

Conclusion

In this article, we covered various topics from "The Price is Wrong" video by Noel Miller and Cody Ko. We explored their conversation on minimum wage in California, the cost of raising a dog, the Chia Pet planter, TMG Studios membership, and the price of happiness according to Forbes. It's fascinating to see how different factors impact our perceptions of value and cost. Learning about these topics provides Insight into financial literacy and helps us understand how prices can Shape our lives.

Highlights

• "The Price is Wrong" video by Noel Miller and Cody Ko tests financial knowledge.
• Topics include minimum wage, raising a dog, Chia Pet pricing, TMG Studios membership, and happiness.
• Minimum wage in California will be $15.50 per hour starting January 2023.
• The average annual cost to raise a dog is $3,085.
• A Chia Pet Golden Girls version of Mount Rushmore costs $40.
• TMG Studios membership is priced at $10 per month.
• Forbes suggests an average income of $95,000 for a certain level of happiness.

FAQ

Q: Does increasing the minimum wage result in overall pros or cons?

A: Increasing the minimum wage has its pros and cons. On the positive side, it can improve income for low-wage workers, help combat poverty, and reflect the rising cost of living. However, it may also lead to reduced employment opportunities, financial challenges for businesses, and potential increases in prices of goods and services.

Q: What are the pros and cons of owning a dog?

A: Owning a dog has its benefits and drawbacks. The pros include companionship, improved mental and physical health, responsibility development, and enhanced family life. On the other HAND, the cons include the need for time and effort in training, feeding, and exercise, as well as the potential expenses related to veterinary care, grooming, supplies, and other costs.

Q: What are the advantages and disadvantages of TMG Studios membership?

A: TMG Studios membership offers several advantages, such as affordable access to premium content, ad-free podcast episodes, and bonus hours. It allows fans to engage with their favorite influencers and offers value-for-money entertainment. However, some potential disadvantages may include limited availability of membership slots, a potential content overload for regular subscribers, and subjective relevance of content to individual interests.