Speaker 1: Hey, hey, hey, ba fan, we have another how to
Speaker 1: throw back for two. That's you and Spanish. If you
Speaker 1: spoke Spanish, you would know that summer is here. So
Speaker 1: we're looking back at how to travel on a budget
Speaker 1: featuring Victory Bino. Okay, so listener, Victory needed some advice
Speaker 1: on how to budget and fund her business and travel plans.
Speaker 1: And of course you know I did not disappoint with
Speaker 1: my expert business advice on me. I've been in this
Speaker 1: game for years. It's may be animaled. This rules to
Speaker 1: this I wrote me and Manuel. Okay, plus, learn how
Speaker 1: to get the biggest bang for your buck while vacationing
Speaker 1: this summer.
Speaker 2: Check it out. It's time for the b a qa a.
Speaker 1: The b a q a with Tiffin A, the b
Speaker 1: a q a with Mandad but she ain't here today,
Speaker 1: the b a q a with Victory A let b
Speaker 1: a qa a. We have a guest in the stew
Speaker 1: Her name is Victory ban woh and so Victory is
Speaker 1: I don't even know. I mean, we all see if
Speaker 1: she's a DreamCatcher. She had mentee, it was Victory. But
Speaker 1: she is going to ask two questions of me today.
Speaker 1: And if you would like to be in the stew
Speaker 1: at any moment in time, or just have a question answered.
Speaker 1: You can go to brandnambispodcast dot com click click contact us.
Speaker 1: You can go and fladden our dms at Brianambision podcast
Speaker 1: on ig the BA podcast on Twitter, briannabishonpodcasts at gmail
Speaker 1: dot com. Yeah, all those ways you could be like
Speaker 1: Victory in the stew, Welcome Victory.
Speaker 2: How are you hi, Tiffany. I'm good.
Speaker 3: I'm actually a mentee, so that's where I'm from. I'm
Speaker 3: from the Patroon community. And it's been such an awesome
Speaker 3: I think it's already almost a year since you know,
Speaker 3: you started mentoring us, so it's been awesome.
Speaker 1: Yes, so she's part of my mentor Tiffany dot com.
Speaker 2: That's awesome.
Speaker 1: So most of y'all know me as the Bunjanista obviously
Speaker 1: personal finance. But I've been in the business for over
Speaker 1: fifty years. I mean fifty yeah, right, girl, I've been
Speaker 1: in business for fifteen years and I've made about fifty
Speaker 1: million dollars about give or take in business. I mean,
Speaker 1: I've got a New York Time bestseller award winning podcast.
Speaker 1: Just like there's so many things in business that I've
Speaker 1: done online school, I've had a marketing company. Just so
Speaker 1: many things that I've done in business, and I get
Speaker 1: the request of mentorship all the time. And I already
Speaker 1: have like ten to fifteen, like in person mentees that
Speaker 1: I talked to on the phone or see in person.
Speaker 2: But the request just can't pouring in.
Speaker 1: So I said, well, let me see what it would
Speaker 1: look like to maybe mentor people digitally. And so I
Speaker 1: started my mentor Tiffany dot com and Victory joined and
Speaker 1: so now she's here. So Victory, now you get to
Speaker 1: ask me a question up close and in personal, and
Speaker 1: so I'm close and personal. If you want to be
Speaker 1: a mentee, it's just my mentor Tiffany dot com and
Speaker 1: you can join us all over there. It's twenty bucks
Speaker 1: a month. I mean, at least while I'm recording this.
Speaker 1: Who knows what to be a by the time you
Speaker 1: listen to it.
Speaker 2: But all right, Victory, what's your first question?
Speaker 3: Yes, So my question, really, Tiffany, is how do I
Speaker 3: structure my budget? You know, you talk about personal finance
Speaker 3: a lot and not really a lot of the things
Speaker 3: that you suggested are very helpful, and even from the
Speaker 3: book structured my budget But my question now is for
Speaker 3: somebody who's starting a business, how do I make my
Speaker 3: dollars stretched to where I'm able to cover my bills,
Speaker 3: meet my personal financial goals, but then also fund a business.
Speaker 3: I don't necessarily want to get a VC or an investor.
Speaker 3: I want to fund a business myself. But I'm trying
Speaker 3: to figure out how to structure my budget in such
Speaker 3: a way that I make my money stretch that.
Speaker 2: Or even go ahead, I'm sorry, or even one?
Speaker 3: Or is it I guess? Is it too Is it
Speaker 3: reaching too for too much to say, Hey, I want
Speaker 3: to reach my personal financial goals and also invest in
Speaker 3: the business. Do I have to pick one? Or you know,
Speaker 3: how what do you suggest?
Speaker 2: Well, victory, I'll say that one. You don't. I want
Speaker 2: you to be a business.
Speaker 1: To be a really good business owner founder, you have
Speaker 1: to learn to be super flexible. So one it might
Speaker 1: look like at the beginning you're not a hundred percent
Speaker 1: entrepreneur like I wasn't in the beginning. I started the Budgetista,
Speaker 1: which was making me zero point zero or zero dollars,
Speaker 1: but I was babysitting, I was tutoring, I was doing
Speaker 1: all this other stuff. I had unemployment at the time,
Speaker 1: I'd lost my job and that's really how I was
Speaker 1: paying bills. The business did not pay me anything for
Speaker 1: the first few years. So don't be afraid to have
Speaker 1: other things fund like whether you have like a job,
Speaker 1: like a regular job, and it's funding your business.
Speaker 2: There's nothing wrong with that.
Speaker 1: Like very few businesses make money straight out the gate
Speaker 1: enough to support you, So it's okay not to be
Speaker 1: one hundred percent entrepreneur. You might even have a business
Speaker 1: before the business. So I know a woman, her name
Speaker 1: is Arsha Rsha has this company called Capital DC Wait
Speaker 1: Capital City Mumbo Sauce. It's like a mixed between like
Speaker 1: barbecue sauce and like ketchup.
Speaker 2: I don't know.
Speaker 1: It's very popular in the DMV, which is DC Virginia,
Speaker 1: Maryland area Mumbo sauce in general.
Speaker 2: So Arsha knew you wanted to.
Speaker 1: Do this sauce, but a physical product is very expensive
Speaker 1: to produce, and so what she did was years before
Speaker 1: she was able to launch that, she started a T
Speaker 1: shirt business, which is very print on demand because a
Speaker 1: lot of these companies print full. Someone can order it
Speaker 1: and they won't print it until it's ordered, so they
Speaker 1: don't have any waste, you know. And so she started
Speaker 1: to teach her business called Teas in the Trap, and
Speaker 1: so that business required next to no overhead. She just
Speaker 1: had to figure out whatever her designs were, and people
Speaker 1: would buy the T shirt, the place would printed and
Speaker 1: mail it for her, and she would get money.
Speaker 2: And so she stacked up on that.
Speaker 1: Money and that easier business, so then she was able
Speaker 1: to fund the business that really needed money. Hold that
Speaker 1: thought and we'll be right back. So the Budgetista was
Speaker 1: the business of Tiffany, Right. So that's like speaking engagements
Speaker 1: that doesn't really cost me anything. That's like I've done
Speaker 1: like a spokesperson work that doesn't cost me anything. So
Speaker 1: when I launched a liver Richer Academy, it costs me
Speaker 1: a lot of money because I had to get the platform,
Speaker 1: I had to pay the instructors. I could not have
Speaker 1: launched the academy from the gate. I did the Budgetista
Speaker 1: for the first five or six years, and then the
Speaker 1: Budgetista had enough money to lend this new company money.
Speaker 1: It was like maybe thirty thousand dollars of the Budgetista
Speaker 1: had squirrelled away, gave it to the academy to get started,
Speaker 1: and then the Academy over the year or two paid
Speaker 1: it back to Budgetista. So you can sell fund through
Speaker 1: like a business. Before the business, you could sell fund
Speaker 1: through just working uber, you know, like all these other things.
Speaker 1: You know, So you want to get really creative and
Speaker 1: flexible about how you fund the business if you don't
Speaker 1: want to take because I don't have any outside investments,
Speaker 1: I don't have any loans, any debt. Now I'm not
Speaker 1: saying you don't you shouldn't do those things. I'm just saying,
Speaker 1: since what you're saying victory sounds like you don't want
Speaker 1: to do those things. So that's how it's a flower
Speaker 1: path to do you know, that way, But it's to
Speaker 1: me it allows us to sustain because I don't owe
Speaker 1: anybody any money, and I don't have any debt, and I
Speaker 1: own all of my businesses one hundred percent.
Speaker 3: Right, And that makes a lot of sense because I've
Speaker 3: also done different side hustles if you will, just to
Speaker 3: you know, have some extra income. But it sounds like
Speaker 3: if I'm more what you're saying is if I'm being
Speaker 3: more intentional about saying, hey, I'm going to do this
Speaker 3: side hustle to particularly put gather that capital for the
Speaker 3: business versus having to maybe go for outside funding or
Speaker 3: take out a loan or do something like that exactly.
Speaker 1: And I'm not saying you shouldn't take that, Alan, I'm
Speaker 1: saying that, you know, you want to be mindful that, like,
Speaker 1: if I take out this loan, there are terms. So
Speaker 1: the terms are you know, you have to pay it
Speaker 1: back with it a certain amount of time. We're like,
Speaker 1: do I think the business will be up and running?
Speaker 1: I liked for me, I called the bank of Budgetista.
Speaker 1: So I'm like, because she's a lot more lenient and
Speaker 1: because in case I don't have the money to pay
Speaker 1: back just yet, She's like, all right, girl, you got
Speaker 1: one more year, you know. And So I built a
Speaker 1: business where the overhead was low, you know, the cost
Speaker 1: to start it was low, so I can make money
Speaker 1: so I can do other things. So if I ever
Speaker 1: wanted to launch another business, I probably would do it again.
Speaker 1: I would just go to the Janista and say, hey, girl,
Speaker 1: can you lend me money to start this other thing?
Speaker 1: And I'll pay you back.
Speaker 3: That is smart.
Speaker 2: That is smart.
Speaker 3: You have me thinking now, I'm thinking what about ideas
Speaker 3: or what I can do to the business before the
Speaker 3: business Just you know, brainstorming.
Speaker 2: Go ahead, Victory, the floor is yours. What's your second question?
Speaker 3: So my second question is about traveling. Really, I know
Speaker 3: you've you've talked to some about, you know, some of
Speaker 3: the travels that you've done. And because my business involves
Speaker 3: going to Nigeria and I have to do a lot
Speaker 3: of traveling, So what are some I guess advice or
Speaker 3: tips that you have about how to make the best
Speaker 3: of traveling since I do have to travel internationally a lot,
Speaker 3: and you know those aren't like cheap flights or you know,
Speaker 3: take cares on hotels and things.
Speaker 2: No, this is great, So this is more like a
Speaker 2: budget at a question. So, yes, I do travel a lot.
Speaker 1: So one of the things Victory like for travel, there's
Speaker 1: a new tip I just learned, so I'm gonna put
Speaker 1: a pin in that one.
Speaker 2: But one is I try my.
Speaker 1: Best, you know, when it makes sense to be loyal
Speaker 1: to a specific airline because I can't earn points in
Speaker 1: order to then to earn points for free travel, you know.
Speaker 1: And then I also try my best if I was
Speaker 1: gonna buy when I buy my tickets, to specifically get
Speaker 1: a credit card specifically geared toward earning points for travel.
Speaker 1: So Chase makes a good Chase Venture card Capital one
Speaker 1: has a good one. AMX is pretty good for travel,
Speaker 1: you know, so to earn points. So like right now,
Speaker 1: like for example, I've earned enough point.
Speaker 2: I have an.
Speaker 1: AMX Platinum card, and I have that for my business,
Speaker 1: you know, and so we put all of our business
Speaker 1: expenses on it. And as a result, I have enough
Speaker 1: points for like a ton of travel, and so you
Speaker 1: want to maximize that, you know, Like if you're going
Speaker 1: to use a credit card, use it for it to
Speaker 1: earn you travel points also too, Like I mean, I
Speaker 1: know you're traveling internationally, but in general, Like right now,
Speaker 1: I'm in a hotel and I try to stay within
Speaker 1: the Bonvoy family that's like Marriotts and things, because you
Speaker 1: earn points there too, so I can earn free nights,
Speaker 1: I can earn free upgrades.
Speaker 2: So one of the best ways to navigate with travel is.
Speaker 1: To, you know, to try your best to stick to
Speaker 1: loyalty when it makes sense. The difference is like hundreds
Speaker 1: and hundreds of dollars in tickets or whatever. It might not,
Speaker 1: but I try to be loyal so that way I
Speaker 1: can get additional points toward additional free travel. Something else
Speaker 1: that I've heard is, I don't know if you've ever
Speaker 1: heard of a have you heard of a VPN? So
Speaker 1: VPNs are these ways to log in. So I use
Speaker 1: it for the first time when I went to Bali
Speaker 1: a year or so back. It allows me to look
Speaker 1: like I'm not in Bali online. There's a whole bunch
Speaker 1: of VPNs are not too terribly expensive. It allows you
Speaker 1: to log in from whatever country you want when you're
Speaker 1: on your computer. And so I was having a hard
Speaker 1: time logging into my social media in Bali because Facebook, Instagram,
Speaker 1: they all thought that I was trying to hack into
Speaker 1: my own account.
Speaker 2: So I had to get a VPN, which.
Speaker 1: Basically is I can't remember what it stands for, but
Speaker 1: it allows me to say, even though I'm in Bali,
Speaker 1: my computer looks like it's still in the United States.
Speaker 1: And with VPNs, where people used oftentimes to like like,
Speaker 1: for example, the Netflix that you see in Nigeria is
Speaker 1: not the Netflix that you'll see in the US. So
Speaker 1: with them, if you're logged in under your VPN, you
Speaker 1: can watch whatever people in Nigeria are watching via Netflix.
Speaker 2: But what's really great about it is.
Speaker 1: That there are certain times when you can buy flights.
Speaker 1: You can say if I bought my flight looking like
Speaker 1: I was in Nigeria on the United website, you actually
Speaker 1: might save money. So you can get this VPN and
Speaker 1: say if I bought my flight as if I was
Speaker 1: in France buying my flight from the US to Nigeria.
Speaker 1: So I just saw that hack the other day. I
Speaker 1: was like, Wow, my sister who is actually in Nigeria
Speaker 1: right now. My sister Lisa and my sister Tracy, they're
Speaker 1: in Nigeria right now. That Lisa said she used that
Speaker 1: to save three hundred dollars on her flight. She used
Speaker 1: it to look like I'm gonna buy my flight. But
Speaker 1: I'm not going to look like I'm buying my flight
Speaker 1: in America. I'm in even though I'm sitting in Jersey
Speaker 1: City and in New Jersey. I'm gonna have my VPN
Speaker 1: say I'm in Nigeria because for whatever reason, the algorithm
Speaker 1: is making the flight less money, you know, by buying
Speaker 1: it like from like I say, if I'm located in
Speaker 1: a different country. So that's another way to save as well.
Speaker 1: And then also too truthfully, there are some really great
Speaker 1: travel especially if you're traveling a lot like I like
Speaker 1: to follow travel hackers on social media because sometimes they'll
Speaker 1: come up with a thinking like well, I didn't know
Speaker 1: that something new will have come out, you know. Like
Speaker 1: whenever I'm looking for flights, I always put on my
Speaker 1: incognito window like in Google, because I don't want them.
Speaker 2: To track me.
Speaker 1: Because every time I go to look for a flight,
Speaker 1: all of a sudden, the price goes up because they
Speaker 1: know I'm looking and I'm interested and so but these
Speaker 1: I mean all of these like kind of like travel hackers.
Speaker 1: You know, they'll let you know like probably what's the
Speaker 1: best credit card to use that? Like I said that
Speaker 1: VPN hack was one that was really good. You know,
Speaker 1: there's all of these like travel hacks. So if you're
Speaker 1: traveling a lot, you know, I would I would be
Speaker 1: following some of these people on like I know, like
Speaker 1: the points guy Onika the Traveler, she's a black woman
Speaker 1: who does it. I love to follow them because it
Speaker 1: really helps me figure out like oh, okay, I didn't
Speaker 1: even know that. Heck, I'm gonna try that, you know.
Speaker 1: So that's those are some hacks for you.
Speaker 3: Yeah, those are definitely very helpful. I'm going to try
Speaker 3: the VPN one and see if it makes a difference.
Speaker 1: Yeah, let me know. Like I said, my sister listens
Speaker 1: in Niger right now. She was like, it worth I say,
Speaker 1: three hundred dollars. I was like, ooh, that's great. Well,
Speaker 1: thank you so much for coming on, Victory. I hope
Speaker 1: this was helpful. Are you enjoying your mentee experience?
Speaker 3: Oh my goodness, yes, yes I am. And I was
Speaker 3: one of the lucky ones. I got in at for
Speaker 3: ten bucks a month, and I'm never leaving your stuff
Speaker 3: with it.
Speaker 2: So I told people, I'm like they thought I was playing.
Speaker 1: Now it's twenty, which is still a really amazing deal obviously,
Speaker 1: you know.
Speaker 2: But one day it might be thirty or forty or fifty.
Speaker 1: I mean I have friends who have mentionorship programs and
Speaker 1: it's ten thousand dollars for the year, you know, twenty
Speaker 1: sixty thousand for the end. People pay, you know, and
Speaker 1: I'm not looking to do all that, but certainly, I'm like,
Speaker 1: I really enjoy teaching, and I don't just enjoy teaching
Speaker 1: about money. I really like to teach about business too,
Speaker 1: So it's like another part of myself that I get
Speaker 1: to express.
Speaker 2: You never shared where do you live, Victory?
Speaker 3: I used to live in Dallas, Texas, but I recently
Speaker 3: just moved to Atlanta for a new job.
Speaker 1: Okay, so hopefully i'll be in Atlanta this year sometime,
Speaker 1: you know, and we'll do a mentee meet that well,
Speaker 1: you know, we'll all have dinner because that'll be lots
Speaker 1: of fun.
Speaker 2: But yeah, I really love pouring into you guys.
Speaker 1: I love hearing like all of the you know, the
Speaker 1: success stories, and like, I just feel like the thing
Speaker 1: about business is that you start off at like level one,
Speaker 1: you know, and then over time you That's why I
Speaker 1: said that flexibility is so important. That your business will
Speaker 1: tell you what it needs to grow and to flourish,
Speaker 1: and it's up to you to be flexible to twist
Speaker 1: and turn and add and subtract based upon the feedback
Speaker 1: you're getting from the people you're serving, but also your
Speaker 1: business too, you know. And over time, you know, if
Speaker 1: you do that consistently and you stay consistent, and then
Speaker 1: you know, success is something that is definitely on the horizon.
Speaker 1: So I hope and wish and know success for you,
Speaker 1: victory because you're already asking these questions, you're taking steps forward.
Speaker 1: So now I can't wait to hear more about how
Speaker 1: your business flourishes forward.
Speaker 3: Thank you so much. I love ving a Menzi and
Speaker 3: like I said, I'm never leaving. So it is what
Speaker 3: it is.
Speaker 1: Well, if you want to be a mentee and you're listening,
Speaker 1: you're like, oh this is I'm part of the BA family,
Speaker 1: but I'm not part of the mente family. Go head
Speaker 1: on over to my mentortiftany dot com. For twenty bucks
Speaker 1: a month, you get to jam out with thirty eight
Speaker 1: hundred other amenities. It's largely women, but we do have
Speaker 1: a handful of guys. We don't turn anyone away. It's
Speaker 1: awesome sauce over there. And if you want to be
Speaker 1: on the podcast, you can go to brannibishonpodcast dot com
Speaker 1: and click contact us if you want me to answer
Speaker 1: a question in the stew or just like read your
Speaker 1: question out loud. Brandabishonpodcasts at gmail dot com and brandambishon
Speaker 1: podcast on ig Sliding the DMS or the BA Podcast
Speaker 1: on Twitter.
Speaker 2: Okay, until next time.
Speaker 1: Thank you Victory for coming to the stew with us
Speaker 1: today and I will see you Brand and Bisher family
Speaker 1: another day. Another dollar, Bye, Victory, thank you bye.
Speaker 3: Thanks for having me.
Speaker 1: Oh my god, wasn't that an awesome throwback and so
Speaker 1: much fun tripping down memory lane? Okay, make sure you
Speaker 1: check out Brad and Bish every Monday, every Wednesday, every Friday.
Speaker 1: I'm doing the Spanish, every looss, every miaco list, and
Speaker 1: every barness. Okay, many would be very proud of me
Speaker 1: about terribles fish. All right, y'all, see you next week.