WALMART CUSTOMERS WARNED. [This Hack Will Blow Your Mind]

up hit the like button if you haven't already hit the like button so I want to talk to you guys about what's going on with Walmart some big changes and um this is actually something that might have actually slipped under the radar uh I want to talk to you guys about Walmart's recent policy changes and this is going to affect a lot of people uh if you're like me you go to Walmart pretty much uh all the time for a lot of different things whoa we got rad data four Catalia already in the room what is going on you guys um I see some of y'all got notifications turned on so you know now I know Walmart is like you know that that One-Stop shop for pretty much everything from apples to Automotive needs uh you know uh automotive part I mean like you know if you need tires if you need milk Walmart's pretty much got it right and it's usually you know um it's usually for for you know pretty good deals for the most part right but they have made some sneaky tweaks and that could literally hit us where it hurts our wallets right and you know especially with super high inflation record high inflation uh you know soaring interest rates mortgage rates car loan rates credit card rates we don't need that right now right um you know skyh high prices on everything gas prices whatever right actually gas prices are a little bit lower but anyway you know what I'm talking about right so this is the last thing we need right now but I want to kind of unpack what Walmart's been up to and how this is likely going to be changing the game now I got a question for you guys and I want you to I want you to tell me this sounds familiar to you okay have you you know you ever get lost in a store like even though you've been there hundred times before well here's why that is right so this is actually a psychological trick that is done on purpose and it's known as the gruin transfer I don't know if you guys have ever heard of that right anyway Walmart knows all about this hack and the stores actually put their high demand products in the back of the building so you got to walk all throughout the store several different aisles just to get there now as you're attempting to get through this maze this Labyrinth you stumble across a lot of different items items you didn't plan on picking up or checking out on your way to get the milk which is always in the back of the store you know that right so this basically this hack makes you lose track of what you came in the store for and it nudges you toward impulse buying impulse purchases put it on your credit card you know and then you know they got at the self checkout they got the uh the new uh affirm so you can uh go ahead and make yourself a slave to interest High interest rates and credit cards by you know picking up all this extra stuff you didn't plan on getting all right so that's one thing right but what's the big secret going on with Walmart's uh new situation going on right uh I see you guys up in the comments 269 for gas in Memphis uh Mississippi 260 uh Pennsylvania's got $3.25 a gallon for gas wow um Bermuda most expensive place on Earth loaf of bread is $7 to 8 according to Robert Daniels wow it's crazy so so what's the big secret with Walmart right what's the big secret that Walmart's been keeping well recently they've been making some significant Pol policy changes right but here's a catch guys they've been kind of kind of hush hush on this one you know just kind of sh sh don't tell everybody don't tell everybody about it okay no big announcements no Fanfare but why the secrecy why the secrecy well it's about the bottom line guys it's about profits it's about boosting that stock price um S&P 500 is hitting highs Dow Jones is hitting highs right they're all about that bottom line and shareholders know about that shareholders want to make sure that the Q4 and q1 earnings are on the up and up so that you know that they can uh increase the perceived value of the business of the company this is how it works right but you see Walmart's a big business giant right but even even the Giants can actually feel the pinch though especially in Economic Times right now let's talk about you and me let's talk about the regular Joe's the regular Janes you know we're pretty much all you know we're already juggling bills rent mortgage payments increasing property taxes homeowners insurance the whole Gambit right maybe even a car payment I mean some people got thousand car payments it's it's wild how many people do um but it's it's no surprise because the average car right now is like $48,000 for a brand new car which is just kind of crazy to think that that's the average now anyway and a lot of people are just trying to keep food on the table right but it's not getting any easier with these prices that are going up everywhere and I want to talk to you guys about something that just kind of Trumps everything that I've just talked to you guys about before or or earlier uh way more impactful than what we've just discussed right so um gas prices groceries you name it everything's higher right inflation's hitting us hard our dollar is not going as far as it used to but this is where Walmart's changes come into play so these tweaks they might seem small guys but they can have a huge impact on how much that we're going to be spending on every single trip and this is by Design right they're not going to make some big announcement about this right but why do we flock to Walmart why do we flock to Walmart you know it's kind of like the Walmart's like the Swiss army knife of stores right you need a birthday card a new phone set of tires Walmart's pretty much got you covered need groceries check right uh a phone charger you know cuz you left your phone charger at a friend's place and they're they're not at home and you need your charger now check right so they pretty much got everything um and of course the prices are pretty pretty you know competitive usually they're very hard to beat which is which is actually more concerning it's a little bit more alarming because a lot of you guys have actually told me that in some of your towns there's no Walmart or the there's no Walmart close to you cuz not everybody lives in a u a well-developed um uh a well economically developed Society in other words if you're in a super rural part of town you may not have a Walmart for like 40 miles and I don't I didn't I didn't really take that into consideration until someone had brought that to my attention and the bigger problem with that is that a lot of these people who don't have a Walmart nearby they actually have smaller mom and pop stores and those mom and pop stores can't compete with Walmart's uh buying power meaning they don't get the deals that Walmart can get from different manufacturers and suppliers so Mom and Pop stores are normally even worse in terms of prices and you know people are getting slaughtered out here right because if you don't have a Walmart nearby then you're forced to go to the mom and pop stores it's kind of a double-edged sword if you keep going to the Walmart it makes it harder and harder for the mom and pop stores to compete and if you don't go to the mom and pop stores right you know then they eventually go out of business and then more people go to Walmart which it's it's kind of like this cycle that happens um that a lot of people are not prepared for or paying attention to or can even like you know afford to change because even if you wanted to support mom and pop it's kind of hard to do that if you don't have the extra money to do it and most people are not going to just spend more just to support I think that's and if you guys disagree with me let me know anyway so Walmart is super duper super duper convenient for the most part and that is a big draw right and let's not forget about the variety they got everything in there right but the big attraction though those super good deals you know we've seen those roll back signs right you know the whole wall I remember the old school commercials where Walmart used to advertise those roll back prices and whatnot right it just screams savings even if they don't necessarily run those commercials anymore but who doesn't like a good bargain right it's like Walmart's like waving a magic wand and reducing prices for us right this has a this has ultimately made Walmart like not just a store but just kind of a Lifeline for a lot of people especially when every penny counts right and I was talking about how like how much more um affluent how can I say this how much more affluent customers are now shopping at Walmart people making $200,000 a year 300 $400,000 a year more of those people with that level of earning power are shopping at Walmart so what does that tell you right people are looking for deals right but here's where the plot thickens right so Walmart changed their coupon policy now for the longest time couponers you know could pretty much just kind of strut up into into a Walmart and and just snag deals um that kind of felt like you know it felt like they were just like really getting away with stuff in a good way right but now Walmart say hey our deals are good enough we're going to have to change this up right so Walmart's tightening the rains why well it's simple and you guys know the answer to this right they're trying to stop their profits from leaking right right so let's get into the nitty-gritty here right so Walmart known for its wide range of competitive prices products they made a subtle yet very significant shift in their policy in their coupon policy so pay attention guys CU a lot of you guys um are are actually taking the time to cut some coupons and you'll you'll feel the effect of this right so this isn't just some minor tweak it's actually a change that mirrors the company's strategy to minimize their losses and to in increase their profit margins okay now you know we know a lot of different Walmart stores have announced closures this is kind of this is kind of their their response to this right this isn't just a minor tweak right so you know like you know with inflation hitting us left and right every penny counts right but with with these changes saving saving as we used to be able to kind of count on might get a little bit tougher so here's the deal so Walmart's no longer going to be giving cash refunds or applying the overages when a coupon value exceeds the items price now I'm going to go ahead and say that one more time because I know some of you guys might have been you know messing around on your phone looking out the window yelling at the kids you know responding to the microwave beeping get your stuff out the microwave is it's been done for like 6 minutes but guys I'm going to say this again so Walmart will know no longer give cash refunds or apply the overages when your coupon value exceeds the item price so what does this mean had to Wet My Whistle so well if you're used to getting you know that little extra bit of cash back or a discount on your total bill because your coupon was worth more than the product well guys that ain't happening no more so that hack is being deleted okay so Walmart's getting rid of that hack you can't do that one anymore now you can only use four identical coupons per household per day so this is a big shift from the old couponing days where the sky was the limit remember the the what is it the what's that is it like Extreme Couponing or something like that people used to walk into these Walmarts with like these ridiculous loads of uh stuff in the in the grocery carts and it would just amaze me at how much much they would get for so little or sometimes they would actually leave the store getting paid to take stuff it was like it was like literally like daytime robbery but in a good way anyway uh I've never ever been that good um but you know I I really admire those who have been able to pull that off um have you guys ever seen anything like that I don't know if it was just me but that that used to just like really just I was like man there's no way they're doing this but anyway apparently they had you know they get like you know a year Supply like P Pap towels and stuff like that and and and like you know all this other stuff that more than you'd ever use but they would just somehow find a hack to be able to get all this stuff for for free almost anyway so anyway so here's where it gets even more 21st century guys right so Walmart they're leaning very heavily on technology for coupon acceptance right so we're talking AI we're talking about self checkout we're talking about scanner Bots we're talking about um um Artificial Intelligence on this thing right so basically Walmart is leveling up their game with a coupon accept and thing they're leveraging Ai and gone are the days when you could just like kind of wave over a staff member who could manually override a coupon that just wouldn't stand now if the M if the machine says no it's a no-o so now the machines override the humans target has changed their return policy they do not give you cash back they put the amount on a gift card appreciate that Catalia uh sailor sailor spirit says it's sad Sam Walton never wanted this to happen to his company and he wanted to have competition such as Kmart that were bargain pric goods via Sears man Sears I remember man I remember being like being a kid and especially around Christmas time my mom would be going to the mall or whatever and we would always stop in Sears and I wanted to hang out in their toy section uh we never had any money to actually buy any toys on on a whim well we did occasionally but you know I didn't expect to get anything but it was just always cool to kind of like walk through the toy uh Toy aisles and just check stuff out but anyway um times are Chang and fellas times are changing ladies so the tech the Tech's making the final call which might mean some of your coupons will not work even if your coupons are valid and if the machine says no the humans can't override the machines that's a problem does anybody else see a problem with that I see a problem with that um kind of reminds me of some of those movies like iroot and you know where the machines take over anyway so what does this mean for us the Shoppers it means we're going to have to go you know we got to have to be a little bit more strategic with our coupon game no more Extreme Couponing where you walk out with a cart full of goods and you know and and not having to without having to spend hardly any money so for those who relied heavily on those discounts this change could mean a very noticeable increase in your shopping Bill and to be honest guys it's a time where every dollar counts this isn't the best news now I will say you know growing up uh in my household like my mom wouldn't let me just walk into a Walmart well we didn't do that much walmar in when I was a kid but like Sears for example we go into Sears and it wasn't a whole lot of hey let me get this toy and then we just just grab it right my mom was very smart with her money she actually invested in like savings bonds and uh she joined these like investment clubs so she gave me a very good Head Start in understanding certain things that you should do with money and I think a lot of people are actually starting to pay attention nowadays unfortunately some people didn't necessarily have the Head Start that I got but thankfully my mom was paying attention and she invested in these different things and as she was learning to invest and save money and she would tell me hey we're not going to buy this because we're going to buy these savings bonds that are going to be worth more in the future which back then she was finding these savings bonds that were paying out like 12% interest so it was crazy back then so anyway uh Mom Dukes was super smart on that front and um you know super duper you know I really appreciate that really appreciate that um but let's be honest guys you know in a time where every dollar counts this is not necessarily the best news right now I've heard from a lot of you guys you know may of you guys um you know about how these changes are making it harder to save money right and I get it you know with with everything getting more expensive every penny saved matters right I mean let's just talk about like you know the key changes so first up no more cash refunds or or applying overages when your coupon value exceeds your items price right and so this means if you had a coupon for like $3 off but the item's 250 you don't get the you don't get the 50 cents back um nor is that extra 50 cents taking off your bill so they ain't doing that no more right so I know for some people it might sound small but it does add up I mean I've got some dividends that you know uh some dividend stocks that pay 50 cents every month and depending upon how many you stop how many stocks you have that's 50 cents times how many stocks you have so you might look at it's only 50 cents but it definitely adds up right and of course there's there's also this limit right like only uh only four identical coupons per household per day right so if you planning on stocking up and had say I don't know like six of the same coupon well you might have to reach rethink your strategy on that one so why is Walmart tightening the reins on these coupons well again you know it boils down to minimizing losses and boosting their profits it's a business after all you know like they're feeling the pinch too and I'm not saying like you know I'm on board or you know whatever I'm just saying it's just basic math this is business and businesses companies they are paying attention to their profits they're paying attention to money being spent on Advertising money marketing budgets they're looking at everything wherever they can cut costs if they're not getting a good return on their investment if they feel like they can get a higher return on their investment or higher Roi they're going to do it um and the pressure comes from um their own expenses increasing the pressure comes from their shareholders that are invested in Walmart right uh shareholders want to see the stock go up how does the stock go up well the stock has to have a perceived value that's going to be greater in the future than it is today so you know if these companies can't continue to convince shareholders that hey you know um the value is going to keep going up well shareholders are going to start selling off shares crashing stock stock price will go down right so that's not what they want and a lot of the uh Executives you know for big companies like Walmart like Black Rock like Vanguard like these guys uh their compensations typically heavily based on uh stock options and so if the stock price drops then then then they ain't gonna be happy about that right so um but yeah they like like Kevin said they making bank now you know at the end of the day like I said it's a business uh and by tightening up on these coupon policies think about it Walmart's got how many stores how many customers hitting up Walmart using these coupons 50 cents times millions of transactions I mean heck 50 cents times a million transactions is half a million dollars right there and I wouldn't be surprised if there's a million transactions that Walmart's doing on a daily basis so they if they theoretically saved a half a million dollars a day that's like uh that's like $80 million a year saved just by 50 cents per transaction just doing some basic math off the top of my head but you see where I'm going with this right so by tightening up these coupon policies basically trying to control how much discount that they're giving out right and it's not just about the direct loss from the coupons though they're also you know they're also like uh basically there's also the cost of managing the coupon system itself and of course processing to dealing with fraud fake coupons duplicate coupon all of that right so they're trying to like you know to be honest you know we've all heard these stories about these extreme couponers really pushing the boundaries they're trying trying to they're trying to cut back on all of that stuff so you know this move by Walmart could literally be a way to kind of keep things in check so but you know here's the thing guys you know while Walmart's looking out for its bottom line where does this leave us where does it leave the Shoppers right so you know are we being squeezed out of savings in a time when we need them the most you know what I'm saying like hi record high inflation guys I mean at least at least on my with with the amount of time I spent on Earth I don't know of any period in time where inflation was higher Maybe not today but in the last two years right and you know it's kind of a tough pill to swallow especially when you're when you're you know trying to make ends meet and you're your landlord uh who happens to be a real estate investor is sending out notices telling you that your rent's going up it's like man can I get a break please and then of course like your boss at work probably didn't necessarily give you the chunkiest raise right so that raise is barely keeping up with inflation let me know if anyone has received a raise greater than 3% this year or in the last 12 months has anyone received a raise greater than 3% let me know in the comments cuz um inflation is way more than that so if you didn't get a raise at least 3% you're making less money even if you got a raise um so um yeah now if if you're like me and you want to see all of this in black and white you can definitely find Walmart's full coupon policy disclosure on their official website uh I think it's just walmart.com or something like that is it if it's is it walmart.com guys let me know in the comments is it walmart.com or is it walmart.co or.org or something else or it maybe it's not even walmart.com I got to double check that um anyway you can go to walmart.com or Walmart's official website whatever that happens to be and you know read through their coupon policy that way you understand what the deal is and so you know exactly what you're dealing with right knowledge is power right you know this may not necessarily be the news that anybody wants to hear but it is what it is um but uh but yeah uh and also we got to talk about the the elephant in the room right what about retail theft right what about retail theft it's not just a a few stolen items we're talking about this massive Trend that's literally affecting the entire retail industry and this is affecting retailers profits that's what they doing so you know this increase in theft is not just a loss of products it is a it's having a ripple effect that's going to hit all of us in ways that we may not see immediately you know we were seeing all these viral videos of people just you know uh walking out the stores or you know the employees of Walmart they can't and it's not just Walmart hey Catalia I appreciate that um it's not just Walmart it's like Target it's like all these other retail stores that have policies where the employees can't go after potential thieves and if they're losing that money they going to make it up somewhere right and so this increase in Theft it's not just about you know loss of products it's it's going to have a huge unexpected ripple effect that's going to hit a lot of us right retailers they're you know beefing up security they're I said security security um they're they're locking up items like they locking up toothpaste in some places it's ridiculous so um and it's making it really inconvenient to want to even shop right so retailers are beefing up security they're investing in these anti- theft uh their dividend they don't want to cut their dividend because they're losing too much to make up to kind of like reduce their expenses they don't want to do that cuz that's going to freak the SC the shareholders out shareholders are going to sell off on the stock price they're not going to do that so instead of reducing the dividend paid they would rather raise the prices or eliminate some of these coupon uh opportunities Melanie Sims thank you so much for your $2 uh Super Chat very much appreciated on this Sunday morning or Sunday afternoon it's almost 3:00 I don't know what time is by you guys but it's 2:47 p.m. for me um but appreciate you Melanie good looking out um and you know again this isn't just about a store losing a couple T-shirts you know it's about a systemic issue that ultimately trickles down to me and you so you know uh no I'm not I'm not okay with this retail theft problem that seems to be a trend and I wish it would just freaking end because all it's doing is making it more expensive for honest paying customers like me and you guys anyway so you know um and then of course you know like what about this connection between like retail and banking right well it's kind of a tight-knit connection right you know when retailers struggle it often reflects in their Banking and their financial strategies right and we're going to see this we're going to see this right think about it right if a retailer is losing money due to theft they might need more loans and they're borrowing money at a period in time where interest rates are pretty much higher than they've been in the last close to three decades um so it's making so the cost of money is more expensive for these retailers right um so they might need more loans they might need more financial assistance and these are the situations that these retailers are dealing with they may have to lay more people off you know forget about hiring people they might not be able to keep the people that they have right cuz the first place these companies want to look at is headcount can we let people go that's the fastest way to reduce expenses to reduce overhead to make up for this money that we're losing right this this is the pattern that we see right and when Banks feel the pressure it could lead to changes in the banks policies and their interest rates which again circles back to us the consumers right now you know and speaking of banks like let's not forget about the big players like Bank of America JP Morgan Chase right these are pretty much the banking Giants of America right so you got Bank of America you got JP Morgan Chase uh and we already and if you guys saw my previous video uh you saw the remarks from JP Morgan Chase CEO Jamie Diamond uh he was at the WF the world economic Forum in Davos uh if you guys didn't check that video out make sure you check that one out after this one but you know these Giants they're navigating their own challenges like you know unrealized losses um they've got losses in Securities so and let's not even talk about the whole commercial real estate losses that they're taking right more and more of these companies because of remote work people working from home and uh there's there's a reduced demand for this commercial real estate so the values of those properties are going down and it's only a matter of time before um you know the uh uh renters or these leases start coming up for Renewal and they start losing money on those things uh some of these properties may end up going up for sale or even being foreclosed on so in simple terms this means that some of their Investments haven't panned out as expected and when these big Banks start stumbling it's going to send shock waves throughout the entire Financial system right and and we're seeing it right these these Banks they're making strategic moves to stay afloat they're adjusting their investment strategies they're re-evaluating their assets and sometimes they're even making decisions that can immediately maybe not necessarily immediately but they can and you know possibly have a delayed effect um they're making decisions that might not necessarily be immediate immediately clear to us but there will be an impact and that is the ultimate thing that you need to understand that you need to be aware of so um but but yeah these these decisions they can affect everything from the interest rates on our savings accounts to the fees that we're paying now you know but back to retail theft as a challenge right like we're seeing more stories in the news more videos of brazen thefts and more discussions about retail security right it's literally becoming a very very hot topic not just among retailers but among a lot of us consumers and some of you guys have actually told me you've actually seen some pretty wild stuff in person let alone some of these viral Tik Tok videos and stuff like that that people have been posting so um but yeah so you know are over are are retailers overstating the issue maybe in some cases to draw attention to the problem or maybe to kind of like push some stricter laws you guys see what's going on in California and New York right California and New York it's like you know they're it's getting it's getting kind of wild out there how they're managing um you know um they H how they're implementing some of these new laws you guys aware of what they're doing in California and New York so you know it's a real issue it's a real issue that's affecting your bottom line and in turn our shopping experiences right retailers are in a very tough spot right now they're you know they need to they need to they need to tackle theft but they also need to maintain a very welcoming environment for Shoppers like us so it's a very very delicate balance uh it's like the like the Tango right try not to step on your dancers toes your partner's toes it's delicate dance that we have to do here um to make Shoppers happy but also keep the profits meeting the expectations of the businesses and of course the shareholders right so you know again you know uh we're seeing everything from increased security measures to more sophisticated surveillance systems but with every action there's an equal and opposite reaction remember that from from uh from school from science I forget which what science class that was I don't know if it was physical science or chemical or uh chemistry or uh whatever it was but anyway with every action there's a there's an equal but opposite reaction and sometimes that reaction is a change in the shopping experience that we're all used to so anyway drop me some comments guys let me know your thoughts on what we talked about today uh I hope to keep you guys informed by the way you know if you haven't already hit the like button for the video subscribe to the channel do all that YouTube stuff and uh check out my previous videos and I'm going see you guys on the next one enjoy the rest of your Sunday