Speaker 1: So happy to be back, even though I'm feeling slightly
Speaker 1: under the weather. How are you pick it up?
Speaker 2: This is our one? You're in a verse?
Speaker 1: I know. Do you know what two days it's serving?
Speaker 1: You take? You take out soprano? Oh no, I'll take soprano,
Speaker 1: you take out?
Speaker 2: Okay? Thanks?
Speaker 1: Do you know what today?
Speaker 2: It's showtime? Oh god, it's sorry.
Speaker 1: If you're oh my god, that is so weird. I
Speaker 1: don't know what just happened. Let's see who just.
Speaker 2: Ghost turn it some so Tiffany's TV.
Speaker 1: Just turn on you guys, I know, and I'm thinking,
Speaker 1: did I sit on the remote?
Speaker 2: No, it just has been a test of your public
Speaker 2: broadcast podcasting system.
Speaker 1: That is weird. I'm like, oh my god, we find
Speaker 1: out there's a ghost in the house, Like, stop singing.
Speaker 2: We are really professional.
Speaker 1: Yeah. So if you're tuning in, this is Brown Ambition
Speaker 1: with Mandy Woodruck and Si and Lecha.
Speaker 2: We have not been drinking, but it is our anniversary.
Speaker 1: It is and we're super duper excited because who knew
Speaker 1: when I first met young Mandy, Like, what was it
Speaker 1: like two or three years ago?
Speaker 2: It was the summer of two and eleven.
Speaker 1: I believe who knew that. When I was a young
Speaker 1: Crisp thirty one, I would run into Mandy and we
Speaker 1: actually became really cool, and then we became friends, and
Speaker 1: now here we are one Millie.
Speaker 2: How many years later, four years later and one year
Speaker 2: on the podcast, I'm so the love has been so nice.
Speaker 2: Everyone's just like, I don't know, the last month, people
Speaker 2: have been sending us all these messages and really supporting
Speaker 2: the show. So I just feel like we owe you
Speaker 2: guys a huge thank you for your support. Huge. Yeah,
Speaker 2: I'm just my mommy and my cousin's listening anymore.
Speaker 1: I know, you know, it's so weird, Mandy. It's like,
Speaker 1: you know, I'm used to people saying like hey, and
Speaker 1: you know, saying to me like, you know, I really
Speaker 1: enjoyed a budgetista. But it's so cool. When I was
Speaker 1: like at a conference in Florida and I was talking,
Speaker 1: this girl turned around and she said I know that
Speaker 1: voice brown ambition, and I was like what that was
Speaker 1: so cool? She was like coll Mandy, I said Ahi,
Speaker 1: And I was like, look at this. We grow it.
Speaker 2: It's happening. And to celebrate our one year anniversary, we
Speaker 2: gave our website a lovely makeover. We did. It looks
Speaker 2: pretty legit now it's not a jankie tumbler. Don't hate
Speaker 2: on my web skills too, legiti quit. We had a
Speaker 2: professional So thank you miss Terry for upgrading our website.
Speaker 2: You guys should all go check it out. It's never
Speaker 2: looked better. It's Brown Ambision Podcast. It's super easy now
Speaker 2: for you to submit a question, to sign up for
Speaker 2: the newsletter and to get all the notes from the
Speaker 2: show and get in touch with us. So check it out.
Speaker 1: It's mobile what do they call it mobile responsive? I
Speaker 1: was like, look at it on the phone.
Speaker 2: Mobile. Oh so you can pull it up on your smartphone.
Speaker 2: Oh yeah, that's hella important.
Speaker 1: Yeah, it looks really good. Looks really good on the phone.
Speaker 2: So fresh look. And we're going to have a party
Speaker 2: on Friday. You if you received and you should have
Speaker 2: received an email byte app by now from us congratulating
Speaker 2: you if you were selected to be at our anniversary
Speaker 2: dinner this Friday.
Speaker 1: Yes, we are going to eat the most yummiest Is
Speaker 1: it Ecuadorian? No, it's Peruvian, Peruvian. It it's so good. We're
Speaker 1: going to chow down and we get to meet some
Speaker 1: of our fably scenarios.
Speaker 2: Yes, so we're super excited. Sorry if you guys weren't selected.
Speaker 2: We got a lot of sweet I'm going to find
Speaker 2: a way to incorporate some of the nice notes we
Speaker 2: got from people. People really put their hearts into this
Speaker 2: telling us what brand ambition means to them. And thank
Speaker 2: you everyone who submitted your comments. I hope we can
Speaker 2: have an even bigger party next year, but for now,
Speaker 2: we're keeping it small.
Speaker 1: Yeah, keeping it real because you know it's me and Mandy.
Speaker 1: We're sponsoring it, so you know we're not rich.
Speaker 2: I mean, she has the budget needs to.
Speaker 1: Know. Well, I have some good news.
Speaker 2: Ooh do toe.
Speaker 1: So I finally finally signed the least to my office.
Speaker 1: I know, it felt like so weird. I was like,
Speaker 1: oh my gosh, like it's real. I've never had it.
Speaker 2: Speaking of upgrades, what, no, this is an upgrade.
Speaker 1: I thought you had an upgrade this year too.
Speaker 2: No, no, no, no.
Speaker 1: No, I'm just super excited because I've never had an
Speaker 1: office space. It'll finally. I just feel like it's time
Speaker 1: to shift away from just working, you know, at home,
Speaker 1: because I'm not as productive as I once was working
Speaker 1: at home. And so I was like, you know it's
Speaker 1: time for a change of scenery and like not to
Speaker 1: be like working on the dinner table and like supergirls,
Speaker 1: like can you pass me the potatoes? And I'm like
Speaker 1: over my computer and so yeah, I'm excited. So it's
Speaker 1: just another next phase in the Budgetnista Sanga.
Speaker 2: So when do you officially move in?
Speaker 1: I'm hoping that we'll be able to get the painter
Speaker 1: in this week. And I got a. I got Ikea.
Speaker 1: Did I mention Ikea?
Speaker 2: I don't think you've mentioned it publicly yet?
Speaker 1: Oh well, I signed the contract, so I can't say it.
Speaker 1: So Ikea has agreed to sponsor and basically decorate the space.
Speaker 1: I mean, we have a designer, but you know it'll
Speaker 1: be Ikia largely Ikea furniture and stuff. So super excited
Speaker 1: about that because you don't have the Budgetista, and I
Speaker 1: was like, how can we circumvent the cost of because
Speaker 1: it's just a big it's a rectangle, it's just open space,
Speaker 1: so we have to basically put everything in there. So
Speaker 1: super excited.
Speaker 2: Now here's a valid question. Are they going to build
Speaker 2: everything for you or they are you just going to
Speaker 2: get a bunch of boxes? And I have to put
Speaker 2: everything together yourself.
Speaker 1: I know, right, So thankfully, my boo superman is very handy.
Speaker 2: So wait, did he know what he was getting himself
Speaker 2: into when he raised his hand to help you put
Speaker 2: together your office full of furniture? I know, honestly, my god.
Speaker 1: You know.
Speaker 2: I mean, if anyone who is your friend right now
Speaker 2: has like locked your phone number because they know you're
Speaker 2: going to be calling them the next month, can you
Speaker 2: come over for a few minutes.
Speaker 1: I know, I want to get him in his team
Speaker 1: of like friends. I'm like, I'll make you guys dinner.
Speaker 1: Have you guys just put everything together. Yeah, it's going
Speaker 1: to be a process, but you know we're here for him.
Speaker 2: That's exciting though.
Speaker 1: Yeah, it is is really excite. I mean, I mean,
Speaker 1: I just can't wait to have a space that's like,
Speaker 1: I don't know, just just for work and then when
Speaker 1: I come home, you know, I can be at home,
Speaker 1: although I'm sure I'll still do work at home, but
Speaker 1: it'll be nice to have a space where that's the expectation,
Speaker 1: it's just work.
Speaker 2: It may sound like corny or kind of stupid, but
Speaker 2: I really just enjoy walking like the commune. I mean,
Speaker 2: I don't love the commuting but I like getting a
Speaker 2: little cough and reading on the train and having an
Speaker 2: office to go to. That's like part of my routine.
Speaker 2: I feel weird when I just work from home. I mean,
Speaker 2: and sometimes it's nice, but I've I'm like on the
Speaker 2: not unproductive work from home train.
Speaker 1: I mean I wasn't always, but like lately, I've not
Speaker 1: been as productive, and I think it's just because there's
Speaker 1: very little, Like there's no line, there's no delineating line
Speaker 1: when I'm home. Superman and Supergirl are just like whatever,
Speaker 1: You're home, so dinner and I'm like, well, I'm doing
Speaker 1: the podcast. They're like yeah, yeah, yeah, Hey Mandy, So
Speaker 1: can I have a cookie?
Speaker 2: You're like ah, and so the album is napping, I
Speaker 2: fall asleep.
Speaker 1: Oh yeah, an acoholic.
Speaker 2: We're gonna have any desks. I'm on the bed and
Speaker 2: I'm like, I got my sleep.
Speaker 1: I know we're going to have a couch there because
Speaker 1: I need, like, you know, a little a little rest
Speaker 1: and relaxation throughout my day.
Speaker 2: Oh I love a couch in office. Love it got
Speaker 2: a couch.
Speaker 1: So I'm excited.
Speaker 2: Good for you guys, that's super exciting and you're sharing
Speaker 2: it with your publicist.
Speaker 1: Right, yes, Drina. So it's gonna cut down the costs significantly.
Speaker 1: It's like, how much is it. I think it's it's
Speaker 1: eleven hundred Yeah, eleven hundred dollars a month, so five
Speaker 1: to fifty a months basically, and that includes utilities, which
Speaker 1: is awesome.
Speaker 2: Yeah, there's so much that goes into like having an
Speaker 2: office space. I don't even think people realize just beyond
Speaker 2: the leasing, like what other stuff do you have to
Speaker 2: like you to buy like a coffee machine and water?
Speaker 1: Well, thankfully, it's a it's a warehouse that has been
Speaker 1: converted into a coworking space. So it's it's four floors
Speaker 1: and then they have a rooftop, which is I guess
Speaker 1: the fifth floor.
Speaker 2: Oh that's cool.
Speaker 1: Yeah, and so every floor has its own like community
Speaker 1: like and it's really like community kind of room where
Speaker 1: it's a refrigerator, it's a kitchen seating, so I don't
Speaker 1: have to provide kind of like that aspect, which is
Speaker 1: dope and like is it waywork? No, it's it's it's
Speaker 1: just this really rich guy that bought this warehouse was like, hey,
Speaker 1: these would be great office spaces because when I like
Speaker 1: it's funky and industrial, so It's not like office space
Speaker 1: is like like your doctor's office is in a bunch
Speaker 1: of building. You know, it's not like that at all.
Speaker 1: It's very open and you know it encourages the different
Speaker 1: businesses in there to interact with each other. It's a
Speaker 1: mix between rework and regular office space.
Speaker 2: That's cool. I like that concept.
Speaker 1: Yeah, it's really Honestly, it's so nice. I mean, like
Speaker 1: when I heard that they had a rooftop and that
Speaker 1: was all included in that the cafe, You're like, wow, Okay,
Speaker 1: this space and what I love is a location. It's
Speaker 1: right in the middle of It's like it meets where
Speaker 1: New York meets Jersey City meets Hope Boken meets Newark.
Speaker 1: So it's like in this perfect location fifteen minutes from
Speaker 1: all of those places.
Speaker 2: I think we found a new recording studio.
Speaker 1: I know.
Speaker 2: Yeah, honeyboo boo, fiancee is trying to convince me to
Speaker 2: move to Jersey really, yes, Well, the whole reason we're
Speaker 2: living with the in laws, And if you want a
Speaker 2: refresh on my whole situation right now is you can
Speaker 2: either listen to episode Mouse in the House or I
Speaker 2: can give you a quicker recap we're basically living with
Speaker 2: my fiance's parents. We've been here since the end of May,
Speaker 2: and it's been an interesting summer. But the whole purpose
Speaker 2: was to move in and like take the opportunity to
Speaker 2: live rent free for the months leading up to our
Speaker 2: wedding next spring. So that gave us about ten eleven months,
Speaker 2: and we're about three months in and like we're really
Speaker 2: just like maybe we'll make it till January. Maybe. But
Speaker 2: the whole purpose was to save up for a house,
Speaker 2: and we've decided, like we've agreed that we're saving up
Speaker 2: for a house. What we haven't agreed on is the where. Okay,
Speaker 2: and a little bit of the win, but mostly the where,
Speaker 2: like where we're gonna live. It is such a hard
Speaker 2: decision to make. It's not I mean, we know where
Speaker 2: we're not gonna live. We can't afford to buy the
Speaker 2: kind of space that we're looking for in Manhattan or
Speaker 2: even where we were living in Queens. We just can't.
Speaker 2: I mean, it's just nuts how much these apartments we
Speaker 2: wanted to buy an apartment in Astoria, where we used
Speaker 2: to live, we'd at least be looking at seven hundred
Speaker 2: thousand dollars, which is like blowing my mind, blowing my mind.
Speaker 2: I'm not even kidding. Seven hundred thousand dollars minimum. So
Speaker 2: we know where we're not living. But then there's other
Speaker 2: you know, you have Upstate New York. I call them
Speaker 2: the Chesters, the Westchester, the port Chester, the eat Chester,
Speaker 2: or then you have the the Jerseys and the Long Islands.
Speaker 2: And it's just like my mind is spending all these
Speaker 2: I just Zillow stresses me out. He's on Trulia every night.
Speaker 2: I don't know. I just want someone to like pick
Speaker 2: it out for me.
Speaker 1: Yeah. House hunting is can be a lot because there's
Speaker 1: so many factors. Like me and Superman are house hunting
Speaker 1: before rental property to rent out, to buy and rent out,
Speaker 1: and so I mean, I would say first things first
Speaker 1: start with education. So we're taking although I've bought a
Speaker 1: home before, I want us to both take a first
Speaker 1: time home buyer's course.
Speaker 2: You know. I'm actually we're going to one this week
Speaker 2: really where actually it's uh, Tanya, my fab my fab finances,
Speaker 2: Miss Tanya.
Speaker 1: Okay?
Speaker 2: Is it rapely or rapily and rapidly?
Speaker 1: Yeah? Don't. That's the other one that's a little bit scary.
Speaker 2: It is what it is.
Speaker 1: I said it before and I was like, she was like, yeah, rapidly,
Speaker 1: not reeply.
Speaker 2: Well, if you haven't heard a missfab Finances, she's another
Speaker 2: great personal finance educator and she's hosting actually a first
Speaker 2: time homeowners workshop for in New York City this Wednesday.
Speaker 2: So I signed us up about a month ago, so
Speaker 2: it's kind of perfect timing. And she's partnering with I
Speaker 2: think a real estate expert and they're just gonna work
Speaker 2: walk us through the beginning stages. Just I mean, we
Speaker 2: kind of know a little bit, but I just want
Speaker 2: someone to sit down and like give me the big picture.
Speaker 2: We know, like what we have to do financially to prepare,
Speaker 2: which is just save all of the money that you
Speaker 2: possibly can. It's like, but you know, yeah, you know,
Speaker 2: our credit's pretty good, but I don't know. We just
Speaker 2: I just want to be sure we're prepared as much
Speaker 2: as possible. And we hired a financial planner and that's
Speaker 2: been going pretty well. So it just kind of feels
Speaker 2: like we're putting our big, big boy and girl pants on.
Speaker 1: Yeah, that's it free.
Speaker 2: Uh, it's it is free. It is free. Yep. If
Speaker 2: you don't show up, they charge you. Twenty five bucks,
Speaker 2: which is a good incentive.
Speaker 1: Yeah, yeah, so we will be there.
Speaker 2: Hey, Tanya, let's save us a seat.
Speaker 1: I squad, that's what we call ourselves, like me, Marsha Tian. Yeah,
Speaker 1: the rest of the money Girls squad squad up time
Speaker 1: is dope. If you guys are have not checked out
Speaker 1: her website and the stuff that she does, you can
Speaker 1: go to myfaffinance dot com. Now that's dope. So let's
Speaker 1: talk about Oh poor go ahead, pork, No, it's gonna
Speaker 1: say poor Hillary.
Speaker 2: Oh Hillary. It was really weird. First of all, is
Speaker 2: nine to eleven this weekend, and I always try to
Speaker 2: watch like the uh the ceremony online you know, we're
Speaker 2: not online on TV where they do the name readings
Speaker 2: at the memorial and it's always really sad, and I
Speaker 2: start crying and I make it to like the CA's
Speaker 2: and then I gotta turn it off. But I saw
Speaker 2: I got a text alert that Hillary collapsed and I
Speaker 2: was worried, and I guess she has pneumonia.
Speaker 1: Yeah, that's that's what I heard. I'm sure she's running
Speaker 1: herself ragged.
Speaker 2: People are like, why are we so shocked that she's sick?
Speaker 2: I know what's so crazy about that. Now they're like,
Speaker 2: send as your medical records fit to be president. My goodness,
Speaker 2: she's a human being, exactly a sixty eight year old
Speaker 2: how old did you know? She's not a spring chicken?
Speaker 2: And and the schedule is insane. I would be sick too.
Speaker 1: Somebody was like Hillary could thought that's just hilarious. Somebody
Speaker 1: said Hillary could die, come back alive as a zombie,
Speaker 1: eat my children, and I would still vote for her
Speaker 1: over Trump. I'm like, well, okay then, girl.
Speaker 2: Yeah, and Trump, of course was or sorry, he who
Speaker 2: must not be named Lord Voldemort, Yes, jumped on it
Speaker 2: right away. This weekend, though, she called she's getting a
Speaker 2: lot of flak for calling Voldemort's supporters, uh, deplorables. What's
Speaker 2: the quote? She was at a giving a speech and
Speaker 2: she said, you know, I like to categorize about half
Speaker 2: of Voldemort's supporters as in the category called deplorables, like
Speaker 2: racists and bigots. And it's not like like I don't
Speaker 2: know where the lie is.
Speaker 1: I was gonna say the problem, right, I'm like, what's
Speaker 1: the problem with that?
Speaker 2: But there's always a problem, Like there's just all this,
Speaker 2: you know, people are saying, you know that was that
Speaker 2: was wrong with her? She's disrespecting people for their political opinions.
Speaker 2: Blah blah blah. But Voldemort himself has said that he
Speaker 2: loves uneducated people after Pole showed that most of his
Speaker 2: followers are uneducated, Like, I love uneducated people. How was
Speaker 2: that not offensive?
Speaker 1: Yeah? Whatever, They're just gonna always look for a reason
Speaker 1: to be mad.
Speaker 2: Home stretch, though, I'm kind of like excited, like I'm
Speaker 2: really really excited for the first debate. I just Hillary's
Speaker 2: got to get on tiptop shape. Girl. You gotta get
Speaker 2: it together, do your yoga, great, drink your green juice,
Speaker 2: because you must destroy him.
Speaker 1: Yeah, you must. So let's talk about speaking of politics. Uh,
Speaker 1: did you see the roasting of Anne Culture?
Speaker 2: I did. I've heard all about it, but I haven't
Speaker 2: actually watched it.
Speaker 1: Oh my gosh.
Speaker 2: I mean it wasn't even a roast for her.
Speaker 1: She yes, she was at a roast for roblow, which
Speaker 1: is weird enough exactly, So anyway, they had this roast.
Speaker 1: So Comedy Central will do these roasts for people, and
Speaker 1: that's when like the joke it's like no holds bar
Speaker 1: jokes where they just go in and so the jokes
Speaker 1: are pre written and from from what I understand, they
Speaker 1: had these jokes pre written for everyone. I don't even
Speaker 1: know why an culture agreed to be there, but she agreed,
Speaker 1: and the she told the writers I guess she basically
Speaker 1: said there was a number of jokes. She was like,
Speaker 1: I won't I don't want to do that. I don't
Speaker 1: want to do this when she was being difficult. So
Speaker 1: what they did, and it's kind of like payback is
Speaker 1: in conjunction with having all the other comedians that spoke
Speaker 1: do a roast of rob Blow. All of them also
Speaker 1: roasted her like that was like their payback, like, oh,
Speaker 1: you don't you don't like our jokes? Well, how about these?
Speaker 1: It was so painful to watch, I mean so painful,
Speaker 1: like if you just and she's a cheese, honestly, I mean,
Speaker 1: what's the worst? Literally the worst of the worst. And
Speaker 1: even then, I mean, I'm not gonna lie. I giggled,
Speaker 1: but I was like, Yake's like you could see in
Speaker 1: her face she did not even know how to like,
Speaker 1: like how do I take this? It was because it
Speaker 1: was a surprise. She didn't you know, she's there to
Speaker 1: everyone's there to roast Robb Blow, not roast her.
Speaker 2: And they get dirty of them.
Speaker 1: Yeah, it was, but I guess, and you know, it's
Speaker 1: so crazy. Everyone's like, you know what. Normally I'd be like, hey,
Speaker 1: that's messed up, but it's her.
Speaker 2: Yeah. I mean she does destroy people all the time
Speaker 2: in her own idiotic commentary.
Speaker 1: So I guess, Karmel, Yeah, it was whoolchild. If you're
Speaker 1: in like it's it's hard to watch, but it's also
Speaker 1: a bussy TV.
Speaker 2: Like watching a train wreck. Can't look away?
Speaker 1: I that's exactly how I thought. I was like, must
Speaker 1: look away, but can't.
Speaker 2: I want to. I really want to talk about this.
Speaker 2: The study by that LinkedIn did okay that everyone's sort
Speaker 2: of talking about. It's a study they looked at nearly
Speaker 2: half a million of their members to find out what
Speaker 2: it takes to become a CEO, what it takes to
Speaker 2: get to this. It's the CEO or VP level at
Speaker 2: a company. Did you look at Do you see the study?
Speaker 1: No? I didn't.
Speaker 2: It's so interesting it actually shows so basically, they looked
Speaker 2: at nearly half a million dollar, half a million dollars,
Speaker 2: half a million of their members and looked at their
Speaker 2: career trajectories. You know how on LinkedIn you mark your
Speaker 2: career or whatever, and they looked at they've found some
Speaker 2: common characteristics among the people who made it to that
Speaker 2: VP CEO level, and they found that experience, it's not
Speaker 2: just like how long you're working in a specific industry.
Speaker 2: They found that experience in one additional area within that
Speaker 2: industry prove the person's odds of becoming a senior executive
Speaker 2: as much as three years of extra experience would have.
Speaker 2: And I thought that was really fascinating because it's the
Speaker 2: whole study sort of shows that, like it's not it's
Speaker 2: important to stick with your like industry in order to
Speaker 2: get up to that CEO level, but what's even more
Speaker 2: important is making sure that you work in other areas
Speaker 2: within that industry. So if for example, I mean, I'm
Speaker 2: a journalist, so I should spend time doing social media
Speaker 2: and advertising and PR and looking into all those different
Speaker 2: aspects data visualization and gaining all those other that expertise
Speaker 2: kind of goes toward making you a more well rounded
Speaker 2: person and helps you get to that CEO level.
Speaker 1: Okay, I see what you mean. Like it's like it's
Speaker 1: it's it's not just this straight path that you should
Speaker 1: have kind of like experience in connecting, connecting subjects like, Okay,
Speaker 1: you want to go you know, you want to be
Speaker 1: a I don't know. You know, you're my wants to
Speaker 1: really work in fashion. But before that she was working
Speaker 1: in finance, and I told her, you know, that's going
Speaker 1: to give you a leg up. And it's true because
Speaker 1: now that she's working as a buyer, most buyers only
Speaker 1: have experience with the fashion aspect. So she stands out
Speaker 1: here she is with her MBA in finance and marketing.
Speaker 2: You know, I was just about to talk. They also
Speaker 2: mentioned the NBA MBA and MBAs definitely go a long
Speaker 2: way toward determining or predicting whether or not you're going
Speaker 2: to become a CEO. A lot of CEOs have MBAs,
Speaker 2: but actually the study found that it's really the most
Speaker 2: effective if you go to like the top five, a
Speaker 2: top five school for your MBA. Apparently that's what works
Speaker 2: for more And he was kind of like, yes, that's
Speaker 2: probably the most highly indicative marker saying that you'll become
Speaker 2: a CEO. And since everyone's not able to go to
Speaker 2: a top five school for their MBA, he said, the
Speaker 2: more reasonable conclusion from this study is to work in
Speaker 2: as many areas within an industry as possible. And I'll
Speaker 2: read this one excerpt. It says, to get a job
Speaker 2: as a top executive, it helps greatly to have experience
Speaker 2: in as many of a business's functional areas as possible.
Speaker 2: A person who burrows down for years and say the
Speaker 2: finance department stands less of a chance of reaching a
Speaker 2: top executive job than a corporate finance specialist who also
Speaker 2: spent time in marketing or engineering or both of those. So, okay,
Speaker 2: outside your comfort zone, people, if you want to get
Speaker 2: to the top, it makes a lot of sense because
Speaker 2: if you look at it, you know, and now that
Speaker 2: I've become a manager, I get this a lot more.
Speaker 2: I'm not a CEO, obviously, but I have to have
Speaker 2: an understanding of how to make different departments, different people,
Speaker 2: and different roles work together to achieve a common goal.
Speaker 2: You know, you put out this huge study last week
Speaker 2: and I had to work with data researchers and with
Speaker 2: graphics artists, and with the writer of the report, and
Speaker 2: with the CEO of the company and with the PR team,
Speaker 2: and you sort of and I think having experience in
Speaker 2: those areas really helps at that project or get that,
Speaker 2: you know, get that team solid and working all together.
Speaker 1: Now, I totally think so, because it's just no way
Speaker 1: just from running my own company, I have to know
Speaker 1: a little bit of everything. You know, I might not
Speaker 1: do every single thing. Like before we got on the
Speaker 1: before we started, you know, taping. Today, I was on
Speaker 1: the phone with my COO and we were working through
Speaker 1: like a tech issue. We want to start sending text
Speaker 1: messages to remind people who have signed up for the
Speaker 1: liver Rich Academy, Hey tonight, there's class tonight, because that's
Speaker 1: one of the number one That was some feedback that
Speaker 1: we'd gotten that like, oh I love the classes, but
Speaker 1: I'm always missing them. So we thought, well, well, what
Speaker 1: can we do. Oh, people might not check their email,
Speaker 1: but they checked their phone all the time. If we
Speaker 1: could set a text message three hours before, don't forget
Speaker 1: classes tonight. And so you would think that would be
Speaker 1: a simple thing, but you need like a PhD in
Speaker 1: behind the scenes onomy just to like So me and
Speaker 1: her were working it and we thought we got it.
Speaker 1: We're like we got it, and then we tested it
Speaker 1: and it didn't work. And I was like, well, girl,
Speaker 1: I gotta go tape around. And but like that's just
Speaker 1: how if you're running a company or you have like
Speaker 1: high level responsibility, I mean from that to interviewing folks,
Speaker 1: to always marketing to you know, coming up with new
Speaker 1: strategies for the brand. I mean, I mean, I've grown
Speaker 1: so much as a person just from running a company,
Speaker 1: because it's just you're never just doing one thing. I
Speaker 1: don't even spend majority I won't even say half of
Speaker 1: my time is spent and teaching financial education less than half,
Speaker 1: which is like the core the core competency of my
Speaker 1: business is teaching being a financial educator. But most of
Speaker 1: my time is spent you know, running a business. So yeah,
Speaker 1: I could totally see that. But even better than working
Speaker 1: for a CEO is being a CEO.
Speaker 2: Yo. Yeah, So yeah, it was an interesting said if
Speaker 2: you want to go check it out, go to LinkedIn
Speaker 2: dot com, just google LinkedIn CEO study. It's super interesting
Speaker 2: tips though, And that concludes buzzworthy. That was a good puzzworthy.
Speaker 2: It was all right on our first anniversary, will you
Speaker 2: be boosting or will you be breaking?
Speaker 1: Well, I think that I am going to I'm gonna
Speaker 1: I'm gonna boost I'm gonna boost communication. I think that.
Speaker 1: I mean, I was just like like I woman, I
Speaker 1: am so no, just because me and Superman had just
Speaker 1: like a very strong conversation last night. You know that's
Speaker 1: what you call when you say you did you guys argue, Oh, that's.
Speaker 2: Like before that's like like an adult argument.
Speaker 1: But I mean it was because I was the only
Speaker 1: one with the conversation. He was just looking like, oh,
Speaker 1: where is this coming to?
Speaker 2: Yea girl? I recognize that feeling. I know that feeling. Well, right, go.
Speaker 1: Ahead, and then and then after you're done, you're looking
Speaker 1: like was I just crazy girlfriend right now? Or was
Speaker 1: I legitimately I'm upset so I get to express myself girlfriend.
Speaker 1: Either way, it's done. And so we just had like,
Speaker 1: you know, like a strong conversation because I was just like, so,
Speaker 1: what's because to me, communication is key. I'm always wanted
Speaker 1: to be like, well, let's make sure we're on the
Speaker 1: same page. We're on the same page, right, Let's make sure.
Speaker 1: And so he said something that made me think are
Speaker 1: we not on the same page? And I just, you know,
Speaker 1: I don't know why I had a backflip about it,
Speaker 1: Maybe because I was not feeling so well from the cold,
Speaker 1: but I basically was like, look, this is the year
Speaker 1: whether you like it or not, this is the year now.
Speaker 1: And I said, so, it's either the year that is
Speaker 1: that we take it to the next level or it
Speaker 1: is the year that we say goodbye. You you decide, sir,
Speaker 1: And he was just like, I didn't say that. I'm like,
Speaker 1: let me finish. And so so we had a strongly
Speaker 1: word of conversation and then I felt bad later because
Speaker 1: he was like, babe, you know I love you. I
Speaker 1: mean like, this is you know, this is what I want.
Speaker 1: We talked about this. I was like, oh, because you
Speaker 1: said something that made it seem like He's like, well,
Speaker 1: of course, I'm just expressing that. You know, it's still
Speaker 1: it's still a scary move, you know.
Speaker 2: And what are we talking about her babies or that marriage.
Speaker 1: I feel like men always are like, yeah, I'll pop
Speaker 1: out a baby. We're talking about marriage.
Speaker 2: They're not popping out anything.
Speaker 1: No, But I'm just saying that, like, you know, men
Speaker 1: are like, yes, I feel like a man is more
Speaker 1: apt to want to have a kid sometimes and want
Speaker 1: to get married.
Speaker 2: And so I would like to see that study. I
Speaker 2: don't know, Actually, that's an interesting question. I wonder what
Speaker 2: is more terrifying.
Speaker 1: I feel like man, I feel like honestly that it's
Speaker 1: more terrifying to them, like because marriage is like, oh
Speaker 1: my god, I'm never gonna be able to run around
Speaker 1: because he was like, it's just scary because you know,
Speaker 1: I won't be free. I'm like, you're not free now, brother,
Speaker 1: we lived together. Where are you going? He was like,
Speaker 1: that's true.
Speaker 2: Having a child does not make it. I mean I
Speaker 2: feel like having a child is like the ultimate tie down,
Speaker 2: Like there's no like you, it's a life, it's a
Speaker 2: human life.
Speaker 1: That's terrifying, you know, well to me because I don't
Speaker 1: have but he has, you know, a child, and you
Speaker 1: know he's you know, so to him, it's not it's like,
Speaker 1: oh yeah, you know, let him tell it. He'd like four.
Speaker 1: I'm like, how son, I'm thirty seven, almost thirty seven.
Speaker 1: That's not gonna happen. If you're lucky, maybe two, but
Speaker 1: likely one. So yeah, we had like a strongly worded conversation.
Speaker 1: Well I did it, but and I thought to myself,
Speaker 1: you know, communication is really key because I mean you
Speaker 1: just to me, whether it's your boo, whether it's your
Speaker 1: you know, friend at work, whoever, that like really expressing
Speaker 1: yourself even if sometimes it's strong. You know that, I
Speaker 1: don't know. I just wanted to give a boost to that,
Speaker 1: because how do you know, people can't read your mind.
Speaker 1: You have to say what you think, and you can't
Speaker 1: wait forever. That's one thing I've learned because I used
Speaker 1: to be someone who would say nothing and then completely
Speaker 1: blow up, and so I've learned, like you know, I'm better.
Speaker 1: I'm not totally great at it and expressing myself in
Speaker 1: the moment when I'm feeling it and saying, well, this
Speaker 1: is how I'm feeling now. So it's not something that
Speaker 1: I've waited three years to say. So that's my boost communication.
Speaker 1: So we'll see, because you know, my birthday's coming up, Mandy,
Speaker 1: so you are no, well, I was just.
Speaker 2: Gonna I was just gonna add to that. It's never
Speaker 2: just the one conversation like I think we thought at
Speaker 2: least a half doesn't like come to Jesus' adulting conversations
Speaker 2: like where you have to re establish Okay, this is
Speaker 2: what I want now, are you okay? Good? Okay, great?
Speaker 2: And then you like I feel like you can't just
Speaker 2: have the one conversation and think that that's it and
Speaker 2: that they're continuing to like read your mind. I think
Speaker 2: you have to like revisit it every once in a
Speaker 2: while just to like catch up and make sure you
Speaker 2: guys are on the same page because things can change.
Speaker 1: No for real. And that's why I was like, so,
Speaker 1: is that what's happening? Are we changing your mind? I
Speaker 1: was like, oh, just cause be clear. You know women
Speaker 1: were so terrible. Just be clear. I mean, I could
Speaker 1: you know You're like, kemny, what are you talking about? You?
Speaker 2: Oh, I know just how crazy you got. You're not
Speaker 2: even telling the half of it. I can just imagine
Speaker 2: because I've been there.
Speaker 1: Yes, And then I'm like, yes, I mean I didn't
Speaker 1: go as dark as I could. I was telling my
Speaker 1: best friend. I was like, you know, one good thing
Speaker 1: is I went upstairs and I had more darkness to spew,
Speaker 1: and like there was a little light that said, don't
Speaker 1: you do it. Don't you do it. You've already done
Speaker 1: it up there. You just go to sleep. Because I
Speaker 1: was going to go back downstairs and be like and
Speaker 1: another thing.
Speaker 2: But it don't. That's called Marry maturity. Mary Maturity visited
Speaker 2: you the angel.
Speaker 1: Yes she did, because this morning, like you know, it
Speaker 1: was like, honestly, he woke up and he was like, baby,
Speaker 1: I don't want you to feel any kind of way.
Speaker 1: I love you, this is what I want. And it
Speaker 1: was only because I had not gone to the dark
Speaker 1: side that we were able to like this morning. Honestly,
Speaker 1: there was no bad blood this morning. It was just like, no,
Speaker 1: I don't know why you feel that way. No, I
Speaker 1: can express me being like a little scared without you
Speaker 1: thinking now I'm trying to run away? Where am I going?
Speaker 1: And I'm like, that's true. So, like I said, you
Speaker 1: live and you learn, and you live to communicate another day, hopefully.
Speaker 2: And doubts don't mean they're not like doubts aren't terrible,
Speaker 2: Like everyone has doubts, Everyone second guesses. I think I
Speaker 2: always I never believe that. I never believe that that line,
Speaker 2: like I just knew for the moment I met them,
Speaker 2: and I never question. I just never ever ever question,
Speaker 2: like what do you not have a brain or like
Speaker 2: a career to think about it. I think everyone has
Speaker 2: questions about relationships and you have to like think about
Speaker 2: that and those questions and the answers change over time.
Speaker 2: I don't know, I think doubt's okay.
Speaker 1: Yeah, No, I honestly because I mean, I of course
Speaker 1: have had and not just because not because he's not
Speaker 1: a great guy. But you know, you just think yourself
Speaker 1: when you start to really think like this would be it?
Speaker 1: It it like, am I certain to say the rest
Speaker 1: of my life like forever ever? You know, when you
Speaker 1: start thinking of it, you know, then you start thinking like, well,
Speaker 1: what about what if maybe you know, well, for me,
Speaker 1: it's not even about someone else. It's more so about me, Like, well,
Speaker 1: like what if I want to travel the world and
Speaker 1: like live in Istanbul for a year and not get
Speaker 1: married and just like be the cool aunt that you know,
Speaker 1: it's like it's always living in a different country. What
Speaker 1: if I want to be that girl? Because I used
Speaker 1: to want to be that girl, and so that's that's
Speaker 1: usually like what I struggle with is like you know.
Speaker 2: The answer, oh tell me, because I had that thought
Speaker 2: sometimes too.
Speaker 1: But then I think to myself, come, yeah, oh you
Speaker 1: know what. You know. The thing is I have to
Speaker 1: say that I'm fortunate in that for about a year
Speaker 1: and a half two year span, I got to be
Speaker 1: that girl. And the truth of the matter is I
Speaker 1: would come home and be like this sucks, and every
Speaker 1: night I'd be like this sucks, like it would be
Speaker 1: so great, like I've been to honestly over twenty maybe
Speaker 1: twenty five, nearing thirty different countries in two years before
Speaker 1: Superman and I got together. And as much as it
Speaker 1: was great to travel and do whatever I wanted and
Speaker 1: you know, take walks at three o'clock in the morning,
Speaker 1: I always came back to loneliness and emptiness. There's a
Speaker 1: great song, Oh my Gosh by nd I read that
Speaker 1: everyone should listen to who's kind of feeling like that.
Speaker 1: It's called No, It's called the Life I Know. And
Speaker 1: it is so beautiful and it would likely make you
Speaker 1: cry if you're in that space. But she talks about
Speaker 1: how you know that she has had an extraordinary life
Speaker 1: and yet she comes in so many ways she's full,
Speaker 1: but at her core she feels empty and that's the
Speaker 1: life that she knows. And it is just it's moving
Speaker 1: and you should just listen to it. It's like wow,
Speaker 1: You're like, she's like, you know, I don't I don't
Speaker 1: have a husband, I don't have kids, but that's what
Speaker 1: I wanted. But this is the life that I know,
Speaker 1: And this is someone who's highly accomplished and beautiful, and
Speaker 1: you know talented and yeah, so I mean I've had
Speaker 1: a chance to have that a little bit, and I
Speaker 1: don't want to go back to that. This is much
Speaker 1: much much better.
Speaker 2: On that note, I don't know. I like to just
Speaker 2: remind myself. I just go back. I think Facebook memories
Speaker 2: is a great yeah, like reminder of like the shit
Speaker 2: you used to deal with when you were in your
Speaker 2: early twenties. I'm like, oh, yeah, I was at that club.
Speaker 2: Let me tell you anymore? Did I tell you that?
Speaker 1: Oh? Go ahead, no, no, go ahead?
Speaker 2: We went This is how old I am now went
Speaker 2: to a We went to a concert. I love LeAnn
Speaker 2: Lahavas I have for a long time. We've seen her
Speaker 2: twice in concert this year in New York City, and
Speaker 2: she was playing again last week, and so I snapped
Speaker 2: up tickets, of course, and I always spend the extra
Speaker 2: money to get the seats that like, you know, a
Speaker 2: lot of the venues she plays at our standing room only,
Speaker 2: but they'll be like a VIP section, And so I
Speaker 2: sprung for like the more more affordable like seated area
Speaker 2: so we can sit because my feet get really sore
Speaker 2: if I stand too long. I'm like an eighty five
Speaker 2: year old woman on the inside. So we get there. Finally,
Speaker 2: we've been waiting in line. I've been walking around the city.
Speaker 2: We had a lot. We walked from dinner to the
Speaker 2: venue because I'm like, oh, we're gonna have seats, it's fine.
Speaker 2: And we get there and there's no seats in the
Speaker 2: VIP section. I'm like, what is happening? And then we
Speaker 2: stood and like the opening act came on and you
Speaker 2: got to wait an hour, and then she didn't come
Speaker 2: on for like forty five minutes, and we I lasted
Speaker 2: through six songs and then we had to leave. I
Speaker 2: was in so much pain. Really, yes, I don't know
Speaker 2: what's happened. I'm like on my legs and my feet
Speaker 2: just can't do it. I was on my feet for
Speaker 2: like three hours, and I was I was done.
Speaker 1: Especially Grandma, I think that I'm clearly headed for adult diapers.
Speaker 1: I mean I I on the hour. Every I'm like,
Speaker 1: who are you, Tiffany? What is happening? I drink a
Speaker 1: cup of water and my bladder was like, well, you
Speaker 1: know the drill. I don't like, why is this happening?
Speaker 1: Is this age? Why? I mean Superman is always like
Speaker 1: I see where we're headed with this.
Speaker 2: But the difference is you catch it and you go
Speaker 2: to the bathroom. When you're really old, you don't make it.
Speaker 1: That's true, but I'm just like, what is happening? It's
Speaker 1: like shrunken.
Speaker 2: Well, that was an extended brown break? Wait?
Speaker 1: Was that?
Speaker 2: That was a boost? I forgot the whole start of
Speaker 2: that conversation. I'm gonna make my communication communication, I'm gonna
Speaker 2: take I wanted to take a brown break this week.
Speaker 2: I wanted to take a brown break from over booking oneself,
Speaker 2: which I'm sure you can relate to. But I just
Speaker 2: had a week where I just like, and I'm and
Speaker 2: I'm going through another one right now where every night
Speaker 2: there's something, and every workday is so packed and there's
Speaker 2: and I've gotten really like, I've never been busier than
Speaker 2: I have been at this new job. And it's kind
Speaker 2: of a good and bad thing where my days go
Speaker 2: super quick. But also I'm looking I look at my
Speaker 2: calendar all the time and it's like a it's like
Speaker 2: a Tetris game where I'm like, oh, I can sneak
Speaker 2: one little appointment in there, and I can do that
Speaker 2: phone call, then oh, I have definitely have half an hour,
Speaker 2: so I'll do like a ten minute thing there and
Speaker 2: I'm like, oh, it all fits so nicely and everything's
Speaker 2: so organized, and then I actually have to do the
Speaker 2: things and I'm so I mean, I just I really crashed.
Speaker 2: I really crashed on Sunday if I've finally had a
Speaker 2: like Sunday was a free day and I was just
Speaker 2: in this weird, like depressive state. It was just it
Speaker 2: was bizarre. My fiance is like, what is wrong with you?
Speaker 2: I was like, I don't know. Just turn the light
Speaker 2: off on a sleep till four pm, and it was
Speaker 2: I don't know. I just I don't ever want to
Speaker 2: I don't want to get I've seen I've seen stress do.
Speaker 2: Stress and anxiety do things to people, like actually manifest
Speaker 2: itself into like physical ailments where they have become disabled.
Speaker 2: They like it can cause things like fibromyalgia, which is
Speaker 2: like this neurological psychological disease which the only link people
Speaker 2: can find is like from stress related stuff. And I
Speaker 2: have people in my family who have been diagnosed with that.
Speaker 2: So I just wanted to, Uh, this is like sort
Speaker 2: of like a note to myself, like you need to
Speaker 2: get this under control. I don't want to go down
Speaker 2: the same path that I've seen other people do, and
Speaker 2: there's nothing like glamorous about it.
Speaker 1: You know, it's not you don't have it slept or
Speaker 1: see no sleep right, Like, like how was that? Because
Speaker 1: you know, I feel like that used to be like
Speaker 1: a badge of honor. Oh, I haven't slept, I haven't eaten.
Speaker 1: I'm working so hard, I'm gonna die. You're like, well,
Speaker 1: how was that enjoyable?
Speaker 2: I felt like death? It was the worst. I was cranky,
Speaker 2: I was tired, paint like my back was just sore
Speaker 2: from being hunched over a computer. Yeah, it was. It
Speaker 2: was a weird release at the end. They had this
Speaker 2: huge project I was pushing out. It got pushed out
Speaker 2: on Friday, and then I was so tensed up, like
Speaker 2: so used to waking up early and going a bit
Speaker 2: late and thinking about this project was my I was
Speaker 2: having dreams like stress dreams, like crazy about this project
Speaker 2: and it was finally done. It was almost like what
Speaker 2: is my life revolve around? Now? I forget like what
Speaker 2: real life is and I don't know. I just I
Speaker 2: don't like it. There's nothing like and I wasn't getting
Speaker 2: any like gold stars or like it's and I don't
Speaker 2: think it's gonna you know, it's not like my my
Speaker 2: boss was there saying good job, almost killing yourself, Like, yeah,
Speaker 2: it's not it's not a cute. Look, I just felt
Speaker 2: like death. So don't let people lie to you.
Speaker 1: Yeah, get rest rest rest is cute.
Speaker 2: So this week we have a question. I it's you know,
Speaker 2: it's not really a question, it's more like a cry
Speaker 2: for help. And I feel like she might need some
Speaker 2: words of encouragement. Okay, let me get this up so
Speaker 2: I can read it. We did a whole sort of
Speaker 2: interview and podcast about single moms and just like the
Speaker 2: power of single moms, and this question slash cry for
Speaker 2: help comes from a single mom named Kim, and I
Speaker 2: changed her name because I don't think she wants us
Speaker 2: to use her real name. She says, I really need
Speaker 2: your help with budgeting, finances and money in general. I
Speaker 2: am so overwhelmed and I'm hoping that you can help me.
Speaker 2: I'm a member of Tiffany's group, the Dreamcatchers, and I also, yeah,
Speaker 2: I also subscribe to Dreamcatchers. Although all of the stories
Speaker 2: in the post and the group are very inspiring, I
Speaker 2: feel so financially overwhelmed and have so much debt. I
Speaker 2: feel like I'm going nowhere fast and my head is
Speaker 2: going to explode. I make good money, ninety two thousand
Speaker 2: dollars a year, but I feel like I'm living paycheck
Speaker 2: to paycheck. I've borrowed from my four oh one k
Speaker 2: I have no savings. I feel like I'm drowning. I
Speaker 2: wake up and have anxiety thinking about it every morning
Speaker 2: before I get out of bed. Any assistance or help
Speaker 2: you can offer will be greatly appreciated. She says, I'm
Speaker 2: a fifty year old single mom with two daughters, one
Speaker 2: still in school.
Speaker 1: Wow, oh, miss Kim, Yes, I would say, Miss Kim.
Speaker 1: The good news is it's you. The bad news is
Speaker 1: it's you. So this is what that means. That means
Speaker 1: that you have the power, at any moment in time
Speaker 1: to really like change the direction of where you feel
Speaker 1: that you're going. Everyone kind of has that come to
Speaker 1: Jesus moment when you're like, what is happening? I'm in
Speaker 1: quicksand when first things first, when people tell me because
Speaker 1: I've been there, where I'm like, what is happening? Where's
Speaker 1: where's my money going? I'm feeling overwhelmed. I can't sleep,
Speaker 1: I'm feeling anxious, and really it's like if you're in
Speaker 1: the ditch, the first thing you have to do is
Speaker 1: put down the shovel and stop digging and assess where
Speaker 1: you are. And what that means for you really is
Speaker 1: to write down a budget. Not the budget that you're
Speaker 1: gonna use to live by, but the budget that you're
Speaker 1: currently living by, which really just means listing everything that
Speaker 1: you're currently spending money on a month and how much
Speaker 1: your life is costing you a month. If you're not sure,
Speaker 1: if you're a debit card swiper like most folks, or
Speaker 1: credit card swiper, pull out your monthly statements and begin
Speaker 1: writing down, you know, do you have a mortgage, are
Speaker 1: you paying you know, utilities, but not just those things,
Speaker 1: but going out, eating, out, grooming, entertainment, groceries. Writing down
Speaker 1: all of those things and how much they're costing you
Speaker 1: a month, to just get a picture of what your
Speaker 1: life is costing your month. So that said, this initial
Speaker 1: budget is not the this is the budget I'm living by,
Speaker 1: it's the checkup budget, like, well, this is where I
Speaker 1: currently am, this is how much I'm actually spending a month,
Speaker 1: Because you have to kind of get a handle on
Speaker 1: where am I currently? And then from that you could
Speaker 1: start making decisions like, Okay, I see that. You know,
Speaker 1: maybe you pay for your daughter to get her hair
Speaker 1: done twice a week, or you know, once every twice
Speaker 1: a month, and it's forty dollars. That's eighty dollars a month.
Speaker 1: Is there something you can do about that expense? If
Speaker 1: groceries are costing you a lot, it's there something you
Speaker 1: can do about that expense. The reason why I want
Speaker 1: you to write it down or to put it like
Speaker 1: in an Excel spreadsheet, is so you can literally start
Speaker 1: going line item by a line item and making individual
Speaker 1: choices in the beginning when you are when you're spending
Speaker 1: more than you make. Sometimes I had to tell myself,
Speaker 1: and this was the hardest lesson when I kind of
Speaker 1: had to pull myself in, was some people were not
Speaker 1: gonna get paid because I did not have it. It
Speaker 1: wasn't until like it's not forever, but it was so
Speaker 1: scary to say, my mortgage is not going to get paid.
Speaker 1: I had to make that decision. Like then, I'm not
Speaker 1: saying that you shouldn't pay your mortgage, but I'm saying
Speaker 1: at some point, sometimes you look and you're like Wow,
Speaker 1: I'm spending you know, six thousand dollars a month, but
Speaker 1: I'm making five what's not going to get paid to
Speaker 1: so I can get back on track. And that's okay
Speaker 1: to say, because you can get back on track. And
Speaker 1: then so I had to prioritize, and so I prioritize that,
Speaker 1: you know, I'm gonna move back home. I'm gonna let
Speaker 1: go of the house. That was my choice, and because
Speaker 1: it was either pay the mortgage and nothing else, or
Speaker 1: pay everything else and not the mortgage. And so that's
Speaker 1: the choice that I made. But I can only make
Speaker 1: that choice from starting from that initial budget that's just
Speaker 1: that initial picture of what is my money currently doing,
Speaker 1: and then going line item by line item and making
Speaker 1: a different choice. It's not gonna be I think sometimes
Speaker 1: people think like it's it's supposed to feel good. It's not.
Speaker 1: It's definitely not gonna be easy. But I think you
Speaker 1: know that. But and it's going to I call it
Speaker 1: the tears and tissues step, when you kind of list
Speaker 1: everything you spend money on and subtract it from your
Speaker 1: take home pay, because when you see kind of where
Speaker 1: you are, it can be hurtful to you. But that's
Speaker 1: okay too, because you won't always be that way, but
Speaker 1: you need that initial This is where I currently am,
Speaker 1: and so that way I can start making conscious choices,
Speaker 1: one line item by one line item.
Speaker 2: I want to ask a question. I'll kind of play
Speaker 2: Devil's advocate here because we get a lot of questions
Speaker 2: like this at Magnify Money, and one of the things
Speaker 2: that we do is anyone can go to Magnify Money
Speaker 2: and go to Live and Learn the section at the
Speaker 2: top of the site and sign up for a free
Speaker 2: twenty minute debt help session. And we get a lot
Speaker 2: of and not we get a lot of calls from people,
Speaker 2: and we also get a lot of emails from people
Speaker 2: who are in this kind of situation. I don't really
Speaker 2: know what Kim's exact debt breakdown is, but I imagine there's
Speaker 2: a car payment, probably has a lot of credit card debt,
Speaker 2: maybe student loans of her own. My question is, at
Speaker 2: what point do you just say, Okay, it's time to
Speaker 2: file bankruptcy, like my parents file bankruptcy. I feel like
Speaker 2: there's this huge stigma around bankruptcy and that it's not
Speaker 2: that you know, there's this huge shame around it, and
Speaker 2: you're like you're proving that you're a failure. But I
Speaker 2: feel like in some cases, and I'm not saying I
Speaker 2: don't really know enough about Kim. I definitely don't know
Speaker 2: enough about Kim to say it's best for her. But
Speaker 2: at some point, isn't it just like just you know,
Speaker 2: it can be a tool that you can use to
Speaker 2: your advantage to get off from under this kind of
Speaker 2: crushing debt.
Speaker 1: The problem I find with filing bankruptcy is that if
Speaker 1: you have not done the work beforehand, meaning that if
Speaker 1: you have not created the budget, if you have not
Speaker 1: reached out to your creditors, if you have not done that,
Speaker 1: you're going to find yourself back in that situation. Because
Speaker 1: bankruptcy might wipe the slight clean, but if you still
Speaker 1: have the same habits, you're just going to fill that
Speaker 1: take back up again.
Speaker 2: Oh yeah, I totally agree. And you know what, do
Speaker 2: you know what I learned about bankruptcy? Like credit card companies,
Speaker 2: they have direct marketing lists of people who recently filed
Speaker 2: bankruptcy because these people have proven they already have poor
Speaker 2: credit habits and there are great customers for them because
Speaker 2: they make so much money off of them. So asgree
Speaker 2: as you fell bankruptcy, they start marketing towards you.
Speaker 1: They do.
Speaker 2: Yeah, I mean, I totally agree with the with the
Speaker 2: idea of like changing those behaviors and getting in a
Speaker 2: different money mindset. But I don't know, and I don't think.
Speaker 2: I'm not trying to glorify bankruptcy, but I do wish
Speaker 2: we could talk about it more in a semi positive
Speaker 2: way as like, I mean, corporations and big businesses do
Speaker 2: it all the time. Yeah, I mean, there are it
Speaker 2: is there to sort of be a last resort for
Speaker 2: you know, households like this me. My mom was a
Speaker 2: single mom with four kids when she filed bankruptcy for
Speaker 2: the first time she went through a divorce. She was
Speaker 2: earning a decent income, but she just lost an income
Speaker 2: and she was now suddenly a single mom with four
Speaker 2: children and two house payments because you know, she had
Speaker 2: the previous house to pay for, and we were also
Speaker 2: living in a new rental that she had to pay for.
Speaker 2: And for her, it just made the most sense. It
Speaker 2: wasn't as much because she was financially irresponsible. It was
Speaker 2: just like all the circumstances, the financial circumstances were stacked
Speaker 2: against her and so I just wanted to put that.
Speaker 1: In now and to me that you write for that,
Speaker 1: it makes sense. But I think a lot of people
Speaker 1: think that bankruptcy is going to it will fix the
Speaker 1: you know that you currently own, but it won't fix you.
Speaker 1: And that's to me. That to me, that's what I'm
Speaker 1: more worried about. I want to make sure let's get
Speaker 1: you in the mindset and let's get you to develop
Speaker 1: the habit so that way you won't be back here
Speaker 1: and because if not, then you will. I mean, I've
Speaker 1: seen people not necessarily for bankruptcy, but I've seen people who,
Speaker 1: you know, maybe their parent has helped. I had one
Speaker 1: woman she had maxed at all her credit cards when
Speaker 1: she was in college. Her parents helped her out. She
Speaker 1: did it again post college. Her parents mortgaged their house,
Speaker 1: helped her out. She did it again, and they were like, honestly,
Speaker 1: we don't have any more money left. And she it
Speaker 1: took years to dig herself out. She was like, that
Speaker 1: was the best thing I could have happened, because she's like,
Speaker 1: I have not been back since. But because they had,
Speaker 1: they had stepped in and intervened in her learning how
Speaker 1: to fix it herself. She never learned before, And to me,
Speaker 1: that's what I want for Kim is I want you
Speaker 1: to learn learn how to fix yourself, you know, I
Speaker 1: want you to learn so that way if something should
Speaker 1: happen again. I mean the two thousand and nine, honestly
Speaker 1: to two thousand and twelve early twenty thirteen was the
Speaker 1: hardest for me because I'd lost everything financially and I thought, wow,
Speaker 1: there's no way how do I recoup from this? And
Speaker 1: because step by step making every mistake possible, losing my house,
Speaker 1: credit card debt, credit card scam, just everything that you
Speaker 1: can think of. I mean everything you think you could
Speaker 1: think of, Like I had worse credit score. But learning
Speaker 1: and growing from that put me in a position now
Speaker 1: where I feel ready to take on the world. Like
Speaker 1: if anything happens financially, I feel like I can take
Speaker 1: it on. I've I've I've put things in place to
Speaker 1: not fall into the same trap that I did before.
Speaker 1: Same thing camp. I took all the money out of
Speaker 1: my retirement account, every single penny and lost so much
Speaker 1: of it because obviously I'm not sixty five, and you know, but.
Speaker 2: Yeah, a lot of people take out four one Klon's
Speaker 2: It's way more common than we think.
Speaker 1: All right, it wasn't even alone. It was just a
Speaker 1: well you ain't getting.
Speaker 2: This bet ye, It was just tipped over that biggie
Speaker 2: bang exactly and so yeah.
Speaker 1: So for Kim, I would just say, if you've, if you've,
Speaker 1: if you're part of the DreamCatcher group. The best way
Speaker 1: to use the group is to ask a specific question
Speaker 1: because someone there has to answer I'm sure, And two
Speaker 1: have you signed up for the Liverature Challenge. One of
Speaker 1: the reasons why I created it is because it walks
Speaker 1: you through step by step creating that budget, changing your mindset,
Speaker 1: creating a budget, a debt plan, creating a credit plan like.
Speaker 1: I created it because so many women came to me
Speaker 1: with this very question and I thought, well, how can
Speaker 1: I help everyone without personally getting on the phone, And
Speaker 1: so I created it. So it's it's literally step by
Speaker 1: step and email will come to your inbox every day
Speaker 1: for thirty six days that tells you exactly what to
Speaker 1: do at nausea. I mean, I have scripts in there
Speaker 1: to say, call your utility company, say this, you know,
Speaker 1: and if they say no, say this that they say yes,
Speaker 1: say this, because I know how hard it can how
Speaker 1: hard it can be and you need some handholding, so
Speaker 1: I would suggest that too if you haven't already like
Speaker 1: it's uh. For those of you who are listening, you're like, well,
Speaker 1: I need the challenge. It's completely free. It's www dot
Speaker 1: l RC dot com, l RC fun. I'm sorry l
Speaker 1: r C like Live Richer Challenge fun fun dot com.
Speaker 1: And it's my gift because I promised myself that when
Speaker 1: I dug myself out of the deepest hole that I
Speaker 1: had ever been in, that I was gonna come back
Speaker 1: for women in particular and to help women dig themselves out,
Speaker 1: but for them not to be alone like I felt
Speaker 1: like I was. But yeah, kim, start with that basic
Speaker 1: budget and see line item by light at them what
Speaker 1: changes that you can make. And that's what I would
Speaker 1: suggest to start with.
Speaker 2: Hello, brother, I was leaving space, so I can edit
Speaker 2: that and cut it out right there. Okay, all right,
Speaker 2: you ready for some wins? Yes, our fifty third episode,
Speaker 2: our fifty third win. What's your win going to be?
Speaker 1: My win is really us? I mean sorry, that is
Speaker 1: that your win?
Speaker 2: No?
Speaker 1: I mean it's a year. Like you know, when you
Speaker 1: came to me with the idea of a podcast, I
Speaker 1: was like, oh, yeah, you know me, I'm just like okay,
Speaker 1: But I had not I mean, I didn't have any expectations.
Speaker 1: I have to say I just thought, well, let's just
Speaker 1: see what this does and to see how many people
Speaker 1: we've affected and how many people listen. It's just been
Speaker 1: an amazing and amazing ride, and just to see how
Speaker 1: far we've grown. I remember when we took the pictures
Speaker 1: with Taneta and I'm like, oh, we were so cute.
Speaker 1: Look at our sneakers in our dresses and like the logo.
Speaker 1: I look back at some of the old logos that
Speaker 1: we were looking at, I'm like, what were we thinking?
Speaker 1: And so I just have to say that it's just
Speaker 1: been an amazing ride, and I'm glad that you are
Speaker 1: my partner in crime. And yeah, just even thinking of
Speaker 1: names for Brown Ambition, it just seems so perfect.
Speaker 2: I did go through that old list. Maybe in the
Speaker 2: next week's episode we'll go through some of the names
Speaker 2: that could have been.
Speaker 1: I'm not right, the leak, the grind, oh god, no,
Speaker 1: I know. So yeah. So to me, that's our win.
Speaker 1: My win is us and Brown Ambition in one year,
Speaker 1: and the listeners who have supported us, some of you
Speaker 1: since day one. So just thank you.
Speaker 2: Oh well, jeez, Louise, give me, make me feel all
Speaker 2: the feels, let me cry. No, thank you I've had.
Speaker 2: This is like the best part of my week. Every
Speaker 2: week is I know it's gonna it's my time to
Speaker 2: talk to Tiffany and talk about money and finances and
Speaker 2: the VMAs and Beyonce and like whatever else comes into
Speaker 2: our mind. And I think it's such a great It's
Speaker 2: an outlet for me. It feels like I get a
Speaker 2: lot out of it, the same way listeners get a
Speaker 2: lot out of it. So I'm just very happy we're
Speaker 2: making it happen.
Speaker 1: Yeah, me too.
Speaker 2: I mean my win was going to be America, okay,
Speaker 2: because I was feeling very patriotic this weekend. Not only
Speaker 2: was nine to eleven and I just wanted to like
Speaker 2: go out and just hug a little old lady or
Speaker 2: something like that, but also we went and saw Sully,
Speaker 2: the movie about the guy who added the plane in
Speaker 2: the Hudson. I know this also puts me in the
Speaker 2: category of like a senior citizen because like the average
Speaker 2: age of the viewers for that movie was like fifty five. Really,
Speaker 2: but I will say because Clint Eastwood direct it. It's
Speaker 2: a Tom Hanks movie. I mean, come on, it's like
Speaker 2: old people like this kind of stuff. But it was
Speaker 2: so good, like I don't know, I feel like the
Speaker 2: audience clapped after a word, like yeah, we know how
Speaker 2: the story ends. Everyone survives. It's amazing. But I don't know,
Speaker 2: just seeing the scenes where you see New Yorkers coming
Speaker 2: together and pulling the people out of the freezing Hudson
Speaker 2: when they've been you know, crash landed into the river,
Speaker 2: and seeing the people on boats and the NYPD scuba
Speaker 2: people come and save people. I don't know. It just
Speaker 2: just reminded you how nice people can be and how
Speaker 2: great it is when we all come together and work together.
Speaker 2: And I thought it was. I saw it on nine
Speaker 2: to eleven, so I thought it was. I don't know.
Speaker 2: It made me feel very just like very americash and patriotic,
Speaker 2: and just made you want to just give everyone a
Speaker 2: huge hug and just be nicer than usual.
Speaker 1: Oh, America, America, this is you ten for the show?
Speaker 2: Which show is that America's playing some videos?
Speaker 1: Yeah?
Speaker 2: I almost didn't get it. Almost saga that was my jam. God,
Speaker 2: we used to be so easily entertained.
Speaker 1: Oh, yes, indeed we were.
Speaker 2: It's a man with a funny voice and videos you
Speaker 2: can watch on YouTube exactly.
Speaker 1: He was the original YouTube We.
Speaker 2: Were basic.
Speaker 1: Man.
Speaker 2: All right, Well, on our first anniversary. Love you much,
Speaker 2: miss Tiffany. Thank you so much for making Drown Ambitions.
Speaker 1: I love you much too, Mandy, and I can't wait
Speaker 1: to see. I don't know if we'll be able to
Speaker 1: make it to to your wedding since it's like.
Speaker 2: You know, not Friday. What are you talking about.
Speaker 1: Oh, yeah, we'll see.
Speaker 2: I'll see you on Friday. I'll see our Lucky five
Speaker 2: Brand Ambition listeners on Friday for a delicious anniversary meal.
Speaker 2: Some candle light, some cynria. You don't know what's gonna happen,
Speaker 2: all right, y'all.
Speaker 1: We will talk to you next week.