Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will.
Speaker 2: Be protected sponsored by the United States Department of Homeland Security.
Speaker 3: Not Adjusting your budget is another thing. So you want
Speaker 3: to make sure that if anything happens, just adjust your budget. Hey,
Speaker 3: if you have that emergency, then you can say okay,
Speaker 3: well right now, I'm not gonna be overpaying, you know,
Speaker 3: paying down the debt. And now I need to go
Speaker 3: back to replenishing my emergency fund or u this came
Speaker 3: in unexpectedly. I don't have enough in my emergency fund,
Speaker 3: but I do have some by now need to move
Speaker 3: a few other things around so that I can, you know,
Speaker 3: pay for this. And working with the budget allows you
Speaker 3: to see where your money's going, so you can move
Speaker 3: things around. Okay, so make sure you do adjust the budget.
Speaker 3: But for whatever happens. Okay, if you get a new job,
Speaker 3: you're making less, if you're making more, adjust your budget.
Speaker 3: Because if you leave money without an actual function, without
Speaker 3: an actual task something to perform, you're going to spend it.
Speaker 3: That's gonna be on turning up or doing whatever that
Speaker 3: you love to do. So don't wait, like, do not
Speaker 3: wait to allocate where your funds go. Because anytime that
Speaker 3: I say, oh yeah, I'm just see how much I've left,
Speaker 3: don't do it. If you're gonna say you're gonna pay
Speaker 3: three hundred dollars toward that credit guard, go ahead and
Speaker 3: pay it when you get the money, But don't forget
Speaker 3: to pay yourself first, too. Okay, neglecting your debt repayments.
Speaker 3: Make sure you know just that you need to do. Okay,
Speaker 3: with all the crazy stuff that's going on in the
Speaker 3: world right now, we got to get our finances together
Speaker 3: because we really do need economic power. We can see, right,
Speaker 3: We need economic power so we can have political power
Speaker 3: because the way these laws is functioning right now. Ugh ugh, yeah,
Speaker 3: we need to be able to put people one place, right,
Speaker 3: we need to put but we can't do that we
Speaker 3: don't have economic power. Lack of financial goals. Okay, right,
Speaker 3: so that's this is another communist mistake. On budgeting your budget.
Speaker 3: You don't want to just be budgeting for the sake
Speaker 3: of budget. You want to have the goal so that
Speaker 3: your budget can show like you're going to make everything
Speaker 3: function in your budget to go towards your goal. So
Speaker 3: if one of your goals is paying off that, then
Speaker 3: your budget will reflect that. If your another goal is
Speaker 3: to have you know, fifty thousand dollars saved up and
Speaker 3: your you know, in case I lose my job, in
Speaker 3: case some stuff happens, right, the shift happens, right, then
Speaker 3: you need to have that and you'll have it in
Speaker 3: a you know, a safe place or whatever. So but
Speaker 3: your budget's going to reflect that. Okay, if it is
Speaker 3: to you know, have dividend income, or if it is
Speaker 3: to retire by age forty, what are you doing? What
Speaker 3: does your budget look like for you to retire early? Okay,
Speaker 3: retirements not a age is just a number. But you say,
Speaker 3: I want to try about age forty. I want to
Speaker 3: have half a million or a million dollars, and you
Speaker 3: know my overall portfolio, I want fifty percent of that
Speaker 3: to be involved in stocks. I want another twenty five
Speaker 3: percent to be in real estate. Then I'm gonna have
Speaker 3: some passive income streams, maybe a tuial or being a
Speaker 3: machine company, or maybe you doing you know, just all
Speaker 3: kinds of stuff. Right, So you're always have your goals
Speaker 3: so that your money can actually be allocated towards your goals. Okay,
Speaker 3: all right, So understanding the concept of net worth, I
Speaker 3: mean really it's fairly simple. But well, let me go.
Speaker 3: Let me make sure I stay on target. All right,
Speaker 3: So you want to understand the concept of network, right,
Speaker 3: that's gonna be essential for your personal finances because that's
Speaker 3: going to measure your overall health like it really is.
Speaker 3: The actual next lot, I love the picture on the
Speaker 3: next lot because you want your assets to be more
Speaker 3: than your liabilities. But you have to look at all that.
Speaker 3: So your network is gonna serve you know, it's gonna
Speaker 3: be served as a useful metric for evaluating your financial
Speaker 3: situation and your progress. So if you start one place
Speaker 3: in it's June right right now, right, and then you
Speaker 3: can assess where you are looking at your network in
Speaker 3: December when I start off, man, my network was negative,
Speaker 3: but I mean now it's positive, right, I mean that.
Speaker 3: But also it's because of the house matriculated as far
Speaker 3: as the equity that I have in it as well,
Speaker 3: which is not you know, realize until I e sell it,
Speaker 3: but it is a projection, right that intrinsic value.
Speaker 2: Earnest what's up?
Speaker 4: You ever walk into a small business and everything just works,
Speaker 4: like the checkout is fast, or seats of digital tipping
Speaker 4: is a breeze and your out the door before the
Speaker 4: line even builds odds are they're using Square. We love
Speaker 4: supporting businesses that run on Square because it just feels seamless.
Speaker 4: Whether it's a local coffee shop, a vendor at a
Speaker 4: pop up market, or even one of our merch partners,
Speaker 4: Square makes it easy for them to take payments, manage inventory,
Speaker 4: and run their business with confidence, all from one simple system.
Speaker 4: If you're a business owner or even just thinking about
Speaker 4: launching something soon, Square is hands down one of the
Speaker 4: best tools out there to help you start, run, and grow.
Speaker 4: It's not just about payments, it's about giving you time
Speaker 4: back so you can focus on what matters most ready.
Speaker 4: To see how Square can transform your business, visit Square
Speaker 4: dot com backslash, go backslash eyl to learn more. That's
Speaker 4: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate.
Speaker 4: Let's Square handle the back end so you can keep
Speaker 4: pushing your vision forward. This episode is brought to you
Speaker 4: by P and C Bank. A lot of people think
Speaker 4: podcasts about work are boring, and sure, they definitely can be,
Speaker 4: but understanding a professionals routine shows us how they achieve
Speaker 4: their success little by little, day after day. It's like
Speaker 4: banking with P and C Bank. It might seem boring
Speaker 4: to save, plan and make calculated decisions with your bank,
Speaker 4: but keeping your money boring is what helps you live
Speaker 4: a more happily fulfilled life. P and C Bank brilliantly
Speaker 4: boring since eighteen sixty five. Brilliantly Boring since eighteen sixty
Speaker 4: five is a service mark of the PNC Financial Service Group, Inc.
Speaker 4: P and C Bank National Association Member FDIC.
Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because as a
Speaker 1: President Donald J. Trump's leadership. I'm Christy Noman, the United
Speaker 1: States Secretary of Homeland Security. Under President Trump, attempted illegal
Speaker 1: border crossings are at the lowest levels ever recorded, and
Speaker 1: over one hundred thousand illegal aliens have been arrested. If
Speaker 1: you are here illegally, your next you will be fine
Speaker 1: nearly one thousand dollars a day, imprisoned and deported, you
Speaker 1: will never return. But if you register using our CBP
Speaker 1: home app and leave now, you could be allowed to
Speaker 1: return legally. Do what's right. Leave now. Under President Trump,
Speaker 1: America's laws, border and families.
Speaker 2: Will be protected sponsored by the United States Department of
Speaker 2: Homeland Security too.
Speaker 3: Of where of what I have so you want to
Speaker 3: use that that's going to indicate your overall value, going
Speaker 3: to tell you what financial resources that you have, and
Speaker 3: it can help you just assess your goals, track your
Speaker 3: progress and then you can make some informed decisions. So
Speaker 3: by regularly calculating your net worth, you're gonna be able
Speaker 3: to monitor your changes. Right, You're gonna be able to
Speaker 3: look at those tangible assets. Remember the tangible are the
Speaker 3: ones things that we could touch, we could see, and
Speaker 3: then the the and you'll be able to see what
Speaker 3: the intangible acsets are, like your intellectual property. And that's
Speaker 3: you know, that's something that I think I haven't even
Speaker 3: thought of, like how do we assess what are intangible
Speaker 3: our intellectual property? Actually, just read an article that overstock
Speaker 3: dot Com bought bed bathroom beyond intellectual property for twenty
Speaker 3: one point it was like twenty one point five million dollars.
Speaker 3: Uh So now instead of them calling each themselves overstop
Speaker 3: dot com, they're gonna be utilizing bad bathroom beyond domain.
Speaker 3: And you know they have all access to their intellectual
Speaker 3: property and so hey, so you need to assess that
Speaker 3: because it does count right copyrights and patents as well.
Speaker 3: All right, Oh, you better believe it, you know, because
Speaker 3: they did file for bankruptcy, but they came, they came.
Speaker 3: I mean that helped them on the way out. It probably,
Speaker 3: I'm pretty sure it helped them. But now that stock
Speaker 3: is a penny stock. So yeah, that's totally messed up.
Speaker 3: Lots of lives, you know, lots of lives. But they're
Speaker 3: still you know, people will still be all right, at
Speaker 3: least the owners at the top I put it like that,
Speaker 3: and the preferred stock holders, y'all know they got paid,
Speaker 3: all right. So that's a little bit about your net worth,
Speaker 3: all right, So your key components to the net worth, okay,
Speaker 3: looking at how your assets and liability. Your assets and
Speaker 3: your liabilities are going to be your key components that
Speaker 3: contribute to the calculation of your network. Okay. So again
Speaker 3: your assets, everything that holds value, okay, and that's going
Speaker 3: to encompass you know a lot of things, your cash,
Speaker 3: your investments, your real estate, personal Belongingskay. Think about if
Speaker 3: you have gold or I have a grand baby piano,
Speaker 3: so that's part of it. I have artwork. I don't
Speaker 3: know how gods are I just started wanting so I
Speaker 3: just started I wanted to have an estate Okay, So
Speaker 3: things that are resellable, right, like that actually worth something.
Speaker 3: You know when you see in the newspaper you have
Speaker 3: those estate sales, right, any other valuable possessions you might
Speaker 3: have some jury that's hand down that might be worth
Speaker 3: you know, something because it's been passed down you know,
Speaker 3: over the ages. It can include your stocks, bonds, hey,
Speaker 3: properties that you own, vehicles, Okay, valuable collect that you have.
Speaker 3: You never know, like, you never know. I don't know
Speaker 3: if the little of the pops, those little pop theories,
Speaker 3: like will they ever be worth for something? Who knows? Right?
Speaker 3: Baseball cards, There's all kinds of things that some people
Speaker 3: will pay a lot for it. And then you have
Speaker 3: your liabilities a ninety what is the word, let's put
Speaker 3: it in the Kelly Blue books. You never know. Look, hey,
Speaker 3: you never know, so you can get something. I actually
Speaker 3: had a we had a sign baseball by Tommy Laswarda.
Speaker 3: He was famous basketball, I mean, baseball coach. I don't
Speaker 3: know if he played or not, because I'm not a
Speaker 3: big baseball player, but I just know he was like
Speaker 3: a top name in baseball. And my brother went and
Speaker 3: played baseball with that dang gonna be and lost the ball.
Speaker 3: I'm like, yo, you just cost us a couple of thousand, man, right,
Speaker 3: we could probably get some other for that because my
Speaker 3: mom used to work for a road and so they had,
Speaker 3: you know, seats, so we used to get to go
Speaker 3: to different games. But I do have another baseball that's
Speaker 3: signed by one of the Astro players. I was probably
Speaker 3: co worth a couple of hundred or whatever. So you
Speaker 3: just never know, a just never know. You might need
Speaker 3: to work it over. But that's part of your collectable,
Speaker 3: your valuable idols. Okay.
Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christinoman, the United States Secretary
Speaker 1: of Homeland Security. Under President Trump, attempted illegal border crossings
Speaker 1: are at the lowest leve ever recorded, and over one
Speaker 1: hundred thousand illegal aliens have been arrested. If you are
Speaker 1: here illegally, your next you will be fine. Nearly one
Speaker 1: thousand dollars a day. Imprisoned and deported, you will never return.
Speaker 1: But if you register using our CBP home app and
Speaker 1: leave now, you could be allowed to return legally. Do
Speaker 1: what's right. Leave now. Under President Trump America's laws, border
Speaker 1: and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security,