Speaker 1: Hey, ba Fam, I am back. It's Nandy. I am
Speaker 1: here with another episode of Brown Ambition and this week
Speaker 1: is all about your questions. Yes, the BAQ and A
Speaker 1: is back. Thank you so much for sending your questions y'all.
Speaker 1: If you want to get a question on the air,
Speaker 1: go to Brannibisson podcast dot com. That is our homepage
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Speaker 1: and thank y'all again for your patience. As I have
Speaker 1: been learning how to just sit here and talk to myself.
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Speaker 1: First question is from Anonymous. Anonymous wants to know Mandy
Speaker 1: when does it make sense to use credit unions. I
Speaker 1: combined finances with my spouse this year, and I'm more
Speaker 1: bothered when it comes to debt. I'm only comfortable carrying
Speaker 1: my student loan debt, which I've got about sixteen thousand
Speaker 1: dollars of. My partner is also trying to pay off
Speaker 1: about nine thousand dollars of personal consumer debt that has
Speaker 1: skyrocketed since he's been unemployed through the pandemic. This year,
Speaker 1: we've managed to also rack up an additional four thousand
Speaker 1: dollars in credit card debt low interest to no interest
Speaker 1: because we've taken advantage of a zero percent financing offer
Speaker 1: pre tax. This year, will have made about eighty five K,
Speaker 1: and my credit score is seven twenty. Okay, So you
Speaker 1: want to know when it makes sense to use credit unions,
Speaker 1: I'm going to have to do a little bit of
Speaker 1: mental gymnastics to figure out specifically what you're wanting to
Speaker 1: do with a credit union. So I'm thinking based on
Speaker 1: the fact that you guys have got let me see
Speaker 1: da DA Math is easy, Math is fun nine thousand
Speaker 1: dollars plus four. So you got about thirteen thousand dollars
Speaker 1: of credit card and personal loan debt and you're probably wondering,
Speaker 1: you know, should we go to a credit union and
Speaker 1: potentially take out like a debt consolidation loan that we
Speaker 1: could use to pay down this consumer high interest consumer
Speaker 1: debt and then you're just left with one loan payment
Speaker 1: after that. With your credit score seven to twenty, you know,
Speaker 1: you're probably really likely to get a pretty decent rate
Speaker 1: on a debt consolidation loan, and a credit union is
Speaker 1: a perfectly fine place to go for that kind of loan.
Speaker 1: You can also use online lenders too, you know, online lenders,
Speaker 1: because they don't have all the expenses of brick and
Speaker 1: mortar banks, they tend to offer lower fees. But my
Speaker 1: best advice when it comes to shopping for debt consolidation
Speaker 1: loans is to get quotes, you know, actually run your numbers,
Speaker 1: get a quote for how much you need, and see
Speaker 1: who's going to offer you the best terms. So your
Speaker 1: interest rate obviously is number one, but are they going
Speaker 1: to attack on any other fees on top of that?
Speaker 1: You know, are they gonna are they going to give
Speaker 1: you a penalty if you prepay your loan, which means
Speaker 1: you pay it off sooner than what your term dictates.
Speaker 1: So definitely get some loan options and lay them out
Speaker 1: next to each other and just make the best decision
Speaker 1: based on the options that you get. Now, listen, what's
Speaker 1: interesting about your question is, you know, so I hear
Speaker 1: you're married, your partner's got some debt, you've racked up
Speaker 1: some debt together, but you're talking about your credit score,
Speaker 1: and that tells me that you're looking to take on
Speaker 1: this debt consolidation loan potentially on your own. Just be
Speaker 1: aware that, you know, whatever happens in your relationship, that
Speaker 1: loan is going to be in your name, so it's
Speaker 1: going to be your responsibility to pay it down. Obviously,
Speaker 1: your partner can help. I hope that he's been able
Speaker 1: to get work. I know you said he was unemployed
Speaker 1: during the pandemic.
Speaker 2: I hope that. I'm hoping that he's working.
Speaker 1: Again and he can help contribute to that consumer debt.
Speaker 1: But yeah, it is going to be ultimately your name
Speaker 1: on the paperwork, so you want to be sure that
Speaker 1: you can handle those payments independently. And I would just
Speaker 1: aggressively go after that credit card debt. You know, you
Speaker 1: say that you've got student loan debt, which is about
Speaker 1: sixteen K it's not that bad, right. Plus, I think
Speaker 1: at least until the spring, you won't have to make
Speaker 1: any more payments or make any payments on federal student
Speaker 1: loan debt thanks to the relief that was given during
Speaker 1: the pandemic to federal student loan borrowers. So hopefully that
Speaker 1: gives y'all some time where you could really attack this
Speaker 1: personal consumer debt that you've got, especially the high interest debt.
Speaker 1: So that four thousand dollars of debt that you guys
Speaker 1: have accrued, you said that was on like a zero
Speaker 1: percent financing plan. That's maybe not your top priority right now.
Speaker 1: Maybe you want to tackle that nine thousand dollars that
Speaker 1: you said has skyrocketed because your partner's been out out
Speaker 1: of work for so long, you know, So tackle the
Speaker 1: high interest debt first, but really be aware again of
Speaker 1: take on that responsibility with your credit score. You know,
Speaker 1: if you're not able to make those payments, obviously, that
Speaker 1: would hurt your credit score, and that's who the banks
Speaker 1: would be coming to for payment if you guys can't pay.
Speaker 1: When it comes to managing debt, well, actually I don't
Speaker 1: know if I say this yet, but when it comes
Speaker 1: to managing debt as a couple, I think teamwork makes
Speaker 1: a dream work. I think, at least in my relationship,
Speaker 1: it helped me to start thinking of his debt as
Speaker 1: my debt from an early time in our relationship, and
Speaker 1: not that he had a lot of debt, just as
Speaker 1: an example. And the same thing with my savings, my income,
Speaker 1: you know, just thinking of it as one pot. It
Speaker 1: just made it easier to kind of tackle those goals together.
Speaker 1: So as long as your partner is working and you
Speaker 1: guys are bringing an extra income and you feel like
Speaker 1: you are capable of making a debt consolidation loan payment,
Speaker 1: you know, month after month and making that a consistent
Speaker 1: part of your budget, then I think it could work
Speaker 1: for you guys to go to a credit union or
Speaker 1: any other lender and get a debt consolidation loan as
Speaker 1: long as it's a lower rate than the cost of
Speaker 1: your consumer debt right now and just paying that down aggressively,
Speaker 1: and then once that's paid off, then you can move
Speaker 1: on to that zero percent financing debt. As we've said
Speaker 1: on the show before, when it comes to those zero
Speaker 1: percent you know, credit card offers or any kind of
Speaker 1: like zero percent financing, which is an introductory rate. Really
Speaker 1: pay attention to the fine print because what you don't
Speaker 1: want to happen is that you're left after that promotional.
Speaker 2: Period is over.
Speaker 1: If you've even got one dollar of money or one
Speaker 1: dollar of debt still on that line of credit or
Speaker 1: that loan, they may have something called the deferred interest clause,
Speaker 1: which basically says, even if you've got one dollar left,
Speaker 1: we're actually going to go back to the beginning of
Speaker 1: this loan and we're going to pretend like you were
Speaker 1: paying interest this entire time, and they're going to tack
Speaker 1: all that interest back onto your balance. So it could
Speaker 1: actually increase how much you owe, which really sucks, right,
Speaker 1: So just be conscious of that. But I think together
Speaker 1: you guys can definitely tackle this. It's definitely not the
Speaker 1: worst debt story that we've gotten here on Brown Ambition.
Speaker 1: That I hope that helped. And good luck as you
Speaker 1: guys get back and you know, get back on your feet,
Speaker 1: you know, financially, and I mean, honestly, don't beat yourself
Speaker 1: up too bad, because the pandemic is is and was
Speaker 1: a huge burden too, so many households and the fact
Speaker 1: that you had to rack up some consumer debt does
Speaker 1: not mean that you are bad with money. It just
Speaker 1: means you did what you had to do to survive
Speaker 1: during unprecedented times, right, and now you just kind of
Speaker 1: got to pick yourself back up and get on the
Speaker 1: right track, which I feel really confident that you guys
Speaker 1: will be able to do. All right.
Speaker 2: I hope that helped.
Speaker 1: Thank you again for your question, and let me see
Speaker 1: what's next. All right, So we've got a question this week.
Speaker 2: Oh, repeat a repeat.
Speaker 1: Be a questioner, Amelia. Amelia's got an interesting question. She says,
Speaker 1: I'm currently in the process of adopting a family member's child.
Speaker 1: I was previously child free at almost thirty years old,
Speaker 1: and now I'm thirty two with a three year old.
Speaker 1: I've now become a government employee and a single parent
Speaker 1: all at once, and I'm trying to pay down debt.
Speaker 1: I recently enrolled in school and I'm using my military
Speaker 1: GI bill to pay for it. So now I have
Speaker 1: an additional twelve thousand dollars tax free coming in over
Speaker 1: the next six months. My question is this, considering I
Speaker 1: don't have much saved after the pandemic wiped us out,
Speaker 1: and I'm planning a move from southern California to make
Speaker 1: in Georgia. Should I pay all my credit card debt
Speaker 1: off or pay it down to about the thirty percent
Speaker 1: mark and save the rest? Also some additional info, my
Speaker 1: dad is helping me pay for my cross country move. Okay,
Speaker 1: it's a lot to unpack here. First of all, I mean,
Speaker 1: it's amazing that you are taking on responsibility for a child,
Speaker 1: you know, at the goodness of your heart. And I
Speaker 1: think that is just a really selfless and amazing thing
Speaker 1: that you've done. And it sounds like, you know, you've
Speaker 1: got your you've got a go job, you're enrolling in school,
Speaker 1: you're using your military GI bill to pay for it,
Speaker 1: which is amazing, and you've got that income coming in
Speaker 1: to pay for it.
Speaker 2: But like a lot of.
Speaker 1: Families, you know, you don't have a lot saved after
Speaker 1: the pandemic, and you're wondering, you know, before I make
Speaker 1: this move, should I pay all my credit card debt off?
Speaker 1: Potentially I'm wondering if you're thinking about using that twelve
Speaker 1: thousand dollars you've got from your GI bill to pay
Speaker 1: it off and then save the rest. Okay, a couple things,
Speaker 1: think thing, thing, thing, Think I wouldn't want you to
Speaker 1: blow your GI bill on debt. I mean, technically that
Speaker 1: money is earmark for school, and you're supposed to use
Speaker 1: it for school. Now, anyone who knows who's ever gotten
Speaker 1: a student loan refund check knows that you could use
Speaker 1: that money for just about anything once you get that
Speaker 1: refund check in the mill, right, But look, I wouldn't
Speaker 1: want you to miss out and on this great benefit
Speaker 1: that you've earned, you know, being a service member, to
Speaker 1: be able to pay for your school and be student
Speaker 1: loan debt free. Now, I would actually ask can your
Speaker 1: dad help you with your credit card debt instead of
Speaker 1: the cross country move, so that you can feel like
Speaker 1: you're getting you know, a good chunk of that debt
Speaker 1: paid down before you're making that move, and then just
Speaker 1: try to do the move as cost consciously as possible.
Speaker 1: I'm not entirely sure where it is that you're working,
Speaker 1: but they may offer some sort of relocation benefit. That's
Speaker 1: something that's worth asking for. If you've got credit card debt,
Speaker 1: you don't tell me how much you've got, so it's
Speaker 1: hard for me to tell. You know, is this something
Speaker 1: that is really weighing down on you? That you have
Speaker 1: to pay off right away. You know, why not just
Speaker 1: pay it off slow and steady after you guys move
Speaker 1: down there and you get settled, and then just make
Speaker 1: a goal to pay that down slow and steady, you know,
Speaker 1: as you get settled in your new job and you
Speaker 1: guys make your.
Speaker 2: New home down and make in Georgia.
Speaker 1: I mean, it may feel like it's weighing on you
Speaker 1: and like you've to pay it off right away, but
Speaker 1: take the time that you need. I mean, I wouldn't
Speaker 1: want to put you in a precarious financial situation and
Speaker 1: you blow the money that should be going towards your
Speaker 1: school on debt that you could potentially just be paying
Speaker 1: down slow and steady. So before you use that GI
Speaker 1: bill on credit card debt, I would say, you know,
Speaker 1: get in school, use a bill to pay for that tuition,
Speaker 1: get settled, and then start to budget or start to
Speaker 1: look at your budget and your cash flow and say,
Speaker 1: how much will I actually have leftover that I could
Speaker 1: use to pay down this credit card debt? And is
Speaker 1: there anything that potentially your dad, for example, could help
Speaker 1: you subsidized by like giving you a little bit extra
Speaker 1: to make that card payment, or is there another lever
Speaker 1: that you could pull. For example, could you take out
Speaker 1: a zero percent interest balance transfer, you know, credit card
Speaker 1: and transfer that balance onto another credit card that has
Speaker 1: zero percent interest, just to buy yourself some time. We
Speaker 1: were just talking about that in the last question, and
Speaker 1: it's an option, you know, especially if you've got decent credit.
Speaker 1: And I don't know anything else about your financial history
Speaker 1: than what you've said here, so I'm just going to
Speaker 1: assume that you've got decent credit, you may qualify for
Speaker 1: a good zero percent offer and be able to move
Speaker 1: that over. Maybe there's even an option if you're a
Speaker 1: military member, you may have They have great they have
Speaker 1: some financial institutions, like one of the banks that comes
Speaker 1: to mind is USAA, But I know there's others that,
Speaker 1: you know, work with military service members and may be
Speaker 1: able to give you a low interest debt consolidation loan
Speaker 1: that you can use to pay down that debt. But yeah,
Speaker 1: that's where I'm going. I'm not feeling so good about using,
Speaker 1: you know, school funds to pay off debt. But at
Speaker 1: the same time, I see what you're saying. You know,
Speaker 1: you're wanting to pay down debt and start saving. You
Speaker 1: just may be feeling like you have to do everything
Speaker 1: you know all at the same time. Just break it
Speaker 1: down into small measurable, you know, doable, and it won't
Speaker 1: feel quite as overwhelming, I hope. All Right, Amelia, thank
Speaker 1: you again for your question. I'm going to take a
Speaker 1: quick little break. It's some more of this coffee, and
Speaker 1: I'll be right back with another of your questions. All right, y'all,
Speaker 1: I am back. It's Bandy with Brown Ambition, and I'm
Speaker 1: here for our third and final question from listener Cherish.
Speaker 2: What a beautiful name.
Speaker 1: Cherish says, I enrolled in a high deductible insurance plan
Speaker 1: so that I could get an HSA and invest the
Speaker 1: money after hearing about the benefits on your interview with
Speaker 1: the Journey.
Speaker 2: To Launch couple.
Speaker 1: Oh you guys, if you haven't listened to our interview
Speaker 1: with Journey to Launch Christina and Aman, go back and
Speaker 1: listen to it. It's so good. All right. Back to
Speaker 1: Cherish's question, Cherish says, but I try to limit going
Speaker 1: to the doctor unless it's covered, because I worry my
Speaker 1: cost will be really high since I don't have a
Speaker 1: copey and I'm young, twenty eight years old and healthy.
Speaker 1: If I want to start going to the doctor more,
Speaker 1: but I don't want to pay a lot. Should I
Speaker 1: switch to a healthcare plan, a new healthcare plan? Or
Speaker 1: am I being overly cautious? I think I'm still anxious
Speaker 1: from a time when I got two thousand dollars bill
Speaker 1: for a simple lab test because they sent it to
Speaker 1: an out of network lab. It happened to me too before,
Speaker 1: so I get it. Chaer says, how can I know
Speaker 1: how much more I'll pay for a high deductible health
Speaker 1: plan versus a health plan that has a copay And
Speaker 1: if I do switch to a copay plan, will my
Speaker 1: HSA continue to grow? And if I switch to a
Speaker 1: high deductible plan in the future, can I continue contributing
Speaker 1: to it again? Alrighty, this is a really cool question.
Speaker 1: I love it why because it sort of brings the
Speaker 1: real world into a situation. It brings the real world
Speaker 1: to like one of these pieces of financial advice that's
Speaker 1: becoming more and more common. So Christina and Ammon, they
Speaker 1: are part of this financial independence retire early movement. So
Speaker 1: they were able to retire at thirty nine, I believe,
Speaker 1: and they moved to Portugal and it was all amazing
Speaker 1: and one of the strategies they talk about where they
Speaker 1: were able to invest and save enough to retire that
Speaker 1: early was they invested heavily in index funds, but they
Speaker 1: also opened a high an HSA, a health savings account.
Speaker 1: And in order to get access to an HSA, you
Speaker 1: have to enroll in a high deductible health care plan.
Speaker 1: So you have to have a high deductible in order
Speaker 1: to get this HSA. And the whole point of the
Speaker 1: HSA is that you were putting pre tax dollars into
Speaker 1: an account to set aside for your health care expenses. Because,
Speaker 1: as we all may know, with a high deductible plan,
Speaker 1: it means you've got to come out of pocket before
Speaker 1: your insurance are going to pick up the tab. So,
Speaker 1: if you've got a high deductible health care plan, and
Speaker 1: let's say the deductible is like five thousand dollars, you'll
Speaker 1: want to have money set aside because you will be
Speaker 1: on the hook for making any payments toward health care
Speaker 1: needs before that deductible is met. So there's a bit
Speaker 1: of risk there, right. I mean, they were young and healthy,
Speaker 1: the same as you cherish when they when they decided
Speaker 1: to opt in to the high deductible health care plan.
Speaker 1: So they said, eh, probably you were not going to
Speaker 1: have to go the doctor that often, and if we do,
Speaker 1: we'll have money set aside to actually pay for that.
Speaker 1: And when you have an HSA, what helps supercharge your
Speaker 1: retirement savings is that you can actually invest through your HSA,
Speaker 1: which is a cool benefit because you're putting money in
Speaker 1: it before taxes, and then the money is growing tax
Speaker 1: free while you're investing. And then the third and why
Speaker 1: they call it a triple tax benefit, is that you
Speaker 1: can withdraw that money tax free so long as you're
Speaker 1: using it for medical expenses. So it is a great
Speaker 1: tool that you potentially could use to invest for retirement,
Speaker 1: especially because when we retire, you know we're going to
Speaker 1: be older, you may have more health care concerns, and
Speaker 1: then you'll actually have a pot of money through HSA
Speaker 1: that you can withdraw and use for those those healthcare
Speaker 1: expenses in retirement. So it sounds like a good idea, right,
Speaker 1: sounds solid. But here's where Cherish's questions interesting because the
Speaker 1: fact of the matter is that when you enroll in
Speaker 1: a high deductible insurance plan, you have to pay more
Speaker 1: out of pocket along the way, and you may act
Speaker 1: actually not have the funds to cover those kinds of expenses.
Speaker 1: And if you anticipate that you're going to have more
Speaker 1: medical expenses, you will have to think carefully about whether
Speaker 1: a high deductible plan makes sense for you. It still
Speaker 1: can make sense, you know, it can make sense if
Speaker 1: you've got money set aside. You know that you're setting
Speaker 1: aside through your HSA or other ways so that you
Speaker 1: can pay for those copays out of pocket or pay
Speaker 1: for any expenses out of pocket. And I think everyone
Speaker 1: when you're on a medical plan like cherish this nightmare
Speaker 1: where you've got a two thousand dollars bill for a
Speaker 1: lab test because they send it to an out of
Speaker 1: network lab. Those types of things happen all the time,
Speaker 1: and you have to be really diligent and reading all
Speaker 1: of your bills really carefully and triple triple quadruple checking
Speaker 1: where they are sending certain lab work, or you know,
Speaker 1: making sure if they're going to refer you to a
Speaker 1: physician that you have done your due diligence and triple
Speaker 1: dipple quadruple checked yourself to make sure they're in network.
Speaker 1: Because I mean, at the end of the day, like
Speaker 1: you're going to be the one who cares most about
Speaker 1: your money, right and in a rush at the medical office,
Speaker 1: they may just send you to a doctor that they
Speaker 1: think is in your network, but come to find out
Speaker 1: they've left your network last week, you know. So you've
Speaker 1: got to be really diligent, and it takes it takes
Speaker 1: some babysitting, I feel like, of your medical your medical
Speaker 1: bills and all that kind of stuff to be sure
Speaker 1: that you're not going to find yourself in that situation.
Speaker 1: But yeah, HSA can be a good tool to use
Speaker 1: for retirement, but it does come with that reality that
Speaker 1: you will have to pay a little bit more out
Speaker 1: of pocket then you might have liked to. And if
Speaker 1: you're not feeling financially capable of doing that, then yes,
Speaker 1: it could make more sense to enroll in a different
Speaker 1: health care plan, a healthcare plan that is probably going
Speaker 1: to cost you a little bit more out of.
Speaker 2: Your paycheck each pay period.
Speaker 1: But at least you'll have the peace of mind knowing
Speaker 1: if I do need to go to the doctor, I'm
Speaker 1: only going to have that twenty five dollars or that
Speaker 1: thirty five dollars copay. You ask how much you ask here?
Speaker 1: How can I know how much more I'll pay on
Speaker 1: a high deductible plan versus a copay plan. So this
Speaker 1: is where you can do some homework and when you
Speaker 1: go to your enrollment page. Now, open enrollment is typically
Speaker 1: around November, so you may have to wait until the
Speaker 1: fall of this year to make a big make a
Speaker 1: change like this. But when it comes time for open enrollment,
Speaker 1: what you want to do, and a lot of plan
Speaker 1: pages will actually let you do this online is do
Speaker 1: a side by side comparison and they should be able
Speaker 1: to tell you here's what your here's what your deduction
Speaker 1: is going to be from your paycheck for this plan,
Speaker 1: so here's what your premium is going to cost, and
Speaker 1: here's what your copay is going to be. And then
Speaker 1: you've just got to make that, you know, make the
Speaker 1: decision based on your best guess of how much healthcare
Speaker 1: you're going to need in the year to come. I know,
Speaker 1: it's kind of it's annoying and it's a little overwhelming,
Speaker 1: like how can I predict what kind of health care
Speaker 1: I'm going to need? But that's what you got to do.
Speaker 1: I mean, you just got to kind of make the
Speaker 1: best decision based on what you know and if you anticipate,
Speaker 1: like like I said, if you anticipate having some medical
Speaker 1: expenses or having some procedures done that will be more costly,
Speaker 1: then you may want to, at least for the next
Speaker 1: year or however long it'll take, you know, change to
Speaker 1: a plan that costs you a little bit more out
Speaker 1: of pocket for your premium, but actually gives you better
Speaker 1: benefits because it pays for a lot more of those
Speaker 1: services upfront versus a high deductible plan, you know, where
Speaker 1: you're maybe paying a lower premium, but you're coming out
Speaker 1: of pocket a lot more often when you go the doctor. Okay,
Speaker 1: So another question you had is if I do switch
Speaker 1: to a copay plan, will my HSA continue to grow?
Speaker 2: Yes.
Speaker 1: The beauty of an HSA is you can actually take
Speaker 1: it with you, even if you leave your job. It
Speaker 1: goes with you. And yes, it will continue to grow.
Speaker 1: It's not going to go anywhere. You won't lose it.
Speaker 1: And if you decide to go back to a high
Speaker 1: deductible plan in the future, I don't know if that particular.
Speaker 1: It depends on if you switched companies at that point,
Speaker 1: or if it's the same insurance company. They may have
Speaker 1: you open an HSA at a different a different financial service.
Speaker 1: But yes, you can contribute to your HSA again at
Speaker 1: that point. Just maybe I just may be contributing to
Speaker 1: a new HSCA account somewhere else. But if it's the
Speaker 1: same insurer and the same employer, I would imagine that
Speaker 1: you could probably just start contributing again to that HSA
Speaker 1: directly through the same HSA that you had kind of
Speaker 1: put on pause for a while while you switch to.
Speaker 2: A different health care plan. Okay, yay.
Speaker 1: I don't know why I get excited talking about hsas,
Speaker 1: but I love this question, Cherish. And it's another reminder
Speaker 1: too that as much as we see, you know, stories
Speaker 1: of other people on their own financial journeys and you know,
Speaker 1: making decisions about the types of health care that they're
Speaker 1: going to pay for, in types of investment accounts that
Speaker 1: they're going to open, at the end of the day,
Speaker 1: all they're doing is telling you a story about what
Speaker 1: served them, you know, in their journey. And I just
Speaker 1: want everyone to be aware of that at the end
Speaker 1: of the day, like you've got to do what's best
Speaker 1: for you and your financial situation situation, and just because
Speaker 1: something was the right decision for other people does not
Speaker 1: mean it's going to be the right decision for you.
Speaker 1: These things are complex, Our lives are complex. Everyone is
Speaker 1: so different, So just make peace with the fact that
Speaker 1: your financial journey is going to look different than everyone else's,
Speaker 1: you know, and you can definitely like take ideas from
Speaker 1: other people, but you've got to do what's best for
Speaker 1: you financially. And I'm really glad that you are taking
Speaker 1: a step back here and saying, Okay, maybe it worked
Speaker 1: for Journey to launch, but I don't know if I'm
Speaker 1: actually going to be the right this will be the
Speaker 1: right path for me, and being willing to kind of
Speaker 1: be critical and think about that before you just kind
Speaker 1: of jump and dive into something just because you know
Speaker 1: someone else said it worked for them. All right, Cherish,
Speaker 1: thank you so much for your question. That was a good,
Speaker 1: juicy one for the end of the show. Thank y'all again.
Speaker 1: I'm Mandy with Brand and if you want to send
Speaker 1: us your question, hit us up at Brown Ambition podcast
Speaker 1: dot com. You can send us a question, droke it
Speaker 1: through our website or go to ig We are at
Speaker 1: Brown Ambition Podcast and you can leave us a question
Speaker 1: right there, slide into our DMS. I can't wait to
Speaker 1: get more questions from y'all, and I will see y'all
Speaker 1: next week. Thank y'all so much for listening. This is
Speaker 1: Brown ambition.