Speaker 1: Mandra, Do you know what I need? I need to
Speaker 1: walk in these streets in my BA swag. You know
Speaker 1: what I'm really looking forward to? First of all, be
Speaker 1: your own Brown Boost. What an awesome phrase. I cannot
Speaker 1: wait to wear that on my chest like Superman. And
Speaker 1: what I'm really excited for, though, is I am a
Speaker 1: sweatshirt and like hoodie girl. So the classic Brown Ambition
Speaker 1: logo sweatshirt has my name all over it.
Speaker 2: But where can I go? Where can I find it?
Speaker 3: I was hoping you would ask Young Tiffany. Tiffany, get
Speaker 3: your Brown Ambition swag at Brown Ambitionstore dot com. Five
Speaker 3: years in the game, we finally have merch for you guys.
Speaker 3: So get your Brown Ambition hoodie, your Brown Ambition crew
Speaker 3: neck tea, get a onesie for your littles. We got
Speaker 3: toddler teas. Oh my goodness, there's something for everyone. Be
Speaker 3: your own Brown Boost T shirt for sure. We have
Speaker 3: a Brown Ambition mug, which my family is most excited about.
Speaker 3: I had to do the fifteen out size for my
Speaker 3: big sister because she drinks coffee Like nobody's business.
Speaker 2: Oh you know, I'm the budget nesh to write any
Speaker 2: special offer.
Speaker 3: I'm also very glad you asked that question, Tiffany. Yes,
Speaker 3: with Brown Ambition fifteen, that's promo code Brown Ambition fifteen
Speaker 3: all one word, you can get fifteen percent off your
Speaker 3: order at Brown ambitionstore dot com.
Speaker 1: I can't wait to see y'all in these BA streets
Speaker 1: repping BA bam with your BA swag. Hey.
Speaker 4: Hey, hey we're back. We're black Capital B. We're Brown
Speaker 4: Capital B as well ambition. Hey man scha ambition.
Speaker 3: Hey, thanks for reminding me. I gotta I did. I
Speaker 3: forgot to put that on a damn T shirt for y'all.
Speaker 3: I'm gonna do it. I'm gonna do.
Speaker 2: Don't forget capital b's all the way.
Speaker 3: Yes, Actually, you know, the Associated Press itself is officially
Speaker 3: capitalizing black, and so are we at our you know,
Speaker 3: our very influential content team at lending Tree, we also
Speaker 3: were capitalizing black. Yeah, times have it changed.
Speaker 1: No, that's good for the for the better. So I
Speaker 1: know it's not time for like brown booths. But I've
Speaker 1: got a little something on my chest. I want to
Speaker 1: get off.
Speaker 3: Okay, go for it.
Speaker 2: So why is it that all these businesses now? I
Speaker 2: guess it's strange.
Speaker 1: So I'm getting you know, so y'all know, I have
Speaker 1: my business, the budget Nissa, and sometimes people will offer like, hey,
Speaker 1: we want you to do like, you know, a keynote
Speaker 1: or a panel or whatever it is, and the type
Speaker 1: of discounts they're wanting because they're like, well.
Speaker 2: It's digital, and I'm like, wasn't this digital last year?
Speaker 1: So people are asking for ridiculous discounts, Like I just
Speaker 1: got an offer to tape like for damn near two days.
Speaker 2: It was so much work and then they were like
Speaker 2: and here's the pittance.
Speaker 1: And I just couldn't believe it was a huge brand
Speaker 1: that has plenty of money, actually had a huge, huge
Speaker 1: brand that just got some five just set aside five
Speaker 1: hundred million dollars for black initiatives, offered me to speak
Speaker 1: for free, and I'm like, wait, a billion dollar company,
Speaker 1: you just set aside money for this initiative. So it's
Speaker 1: just very frustrated. I know it's not time for Brown Boost,
Speaker 1: but I don't know if y'all have seen that in
Speaker 1: these these streets of yours, if you're seeing that people
Speaker 1: are trying to undervalue and undercut even more now and
Speaker 1: blame me it on COVID, And I just want to
Speaker 1: tell you companies to stop it.
Speaker 3: Well, I mean, I actually was going to talk about
Speaker 3: this potentially as a brown break or boost, but it's
Speaker 3: kind of the other side of the coin. And that's
Speaker 3: a really good point that you're making. It's like, how
Speaker 3: do you ask for what you're worth? Even considering COVID times.
Speaker 3: For me, I've negotiated the price of services with professionals
Speaker 3: that I haven't negotiated in the past, and I've had
Speaker 3: to be like, look, I want to pay half of
Speaker 3: what you quoted me. Is that cool? And they both
Speaker 3: said yes, because I mean so it's kind of like
Speaker 3: I'm kind of taking advantage of COVID times to really
Speaker 3: want to negotiate.
Speaker 1: Ticket line.
Speaker 2: Don't quite listen.
Speaker 3: I don't have five hundred million dollars, but I'm also
Speaker 3: not spending seven hundred dollars on some balloons for my
Speaker 3: birthday for my for my son's birthday party. Not I
Speaker 3: ain't have an inra but yeah, if you're in my
Speaker 3: It's funny because the same business that h did the
Speaker 3: balloons from a baby shower, I reached out to them
Speaker 3: for my for for Rio's birthday because I'm trying to
Speaker 3: do something small in the house. I'm just like, can
Speaker 3: we get like an Elmo balloon display or whatever for
Speaker 3: the gram She quoted me seven hundred and I was like,
Speaker 3: let me, let me go get a helium tank real quick.
Speaker 3: And and Google had to make a balloon arch but
Speaker 3: now she cut it down more than half. Uh. And
Speaker 3: then the same thing where I'm I'm hiring the same
Speaker 3: designer who helped with our sourcing items and like doing
Speaker 3: the interior design for our house. She's going to help
Speaker 3: me redo the basement to turn it into my what
Speaker 3: do you call it when it's a girl cave whatever
Speaker 3: she said, but like more than a she shaid a
Speaker 3: she studio. It's going to be or it's going to
Speaker 3: be my office because I don't really have my own space,
Speaker 3: Like all my company knows what my bedroom looks like,
Speaker 3: which is really weird to me and uncomfortable. So I
Speaker 3: returning the basement into like a little workout area and
Speaker 3: it's going to double as an office space and then
Speaker 3: a recording space so I can do the podcast and
Speaker 3: also from a channel.
Speaker 2: I love it, YouTube channel.
Speaker 3: So I mean, I'm happy to support their businesses, which
Speaker 3: I you know, but I'm also which I feel good
Speaker 3: about But I'm also like, if you guys had ever
Speaker 3: a time to negotiate, it is time, you know, because
Speaker 3: people are willing to cut their prices just to get
Speaker 3: a gig.
Speaker 1: I know, but I guess sometimes I know I'm on
Speaker 1: the other side. Well, you know, it's not like you
Speaker 1: are a regular person, so I can understand that. But like,
Speaker 1: you can't be a billion dollar company literally that has
Speaker 1: a Black people Advancement initiative and be like, oh girl, yeah,
Speaker 1: literally there was two and I if I were to
Speaker 1: tell you the names of the companies, You're like, no way, yeah,
Speaker 1: what you have served trillions. I'll just say like that
Speaker 1: according to what you say, come on, now, you don't
Speaker 1: have a speaker's fee.
Speaker 3: I just so you could push back, and what happened, Yeah.
Speaker 1: No, I pushed back, and I just said, hey, cause
Speaker 1: the good thing is I have not only do I
Speaker 1: have my rate, So I use canvas see a NBA.
Speaker 2: Y'all should use it.
Speaker 1: It's free unless you want to get the upgraded version.
Speaker 1: And I create like a like I guess it's like
Speaker 1: kind of like a media speaker kit where it's like
Speaker 1: my picture, my bio, but also my numbers. Like we've
Speaker 1: helped over a million women save this amount of money,
Speaker 1: and my social media hits and how many emails I
Speaker 1: have just to show kind of like in a snapshot holistically,
Speaker 1: you know, the strength of the brand. And then I
Speaker 1: at the end, I'm like, okay, here are my rates.
Speaker 1: You know, this is how much I charge for this,
Speaker 1: this and this, and we submit them so that way
Speaker 1: it's not just like I'm not just saying, hey, pay
Speaker 1: me this. And so at first the company came to
Speaker 1: me and said, hey, we'd love for you to speak it.
Speaker 1: I was excited because I'm like, wow, the names don't
Speaker 1: get bigger than this. And I was like okay, and
Speaker 1: they said, well one, you know, can you send your rates?
Speaker 1: And I said, sure, set my rates and then they
Speaker 1: were like, ooh, actually this is a little higher than expected.
Speaker 1: And I said, okay, well you know, what are your
Speaker 1: rates because maybe there's some wiggar room. And then they
Speaker 1: came back and said, ooh, actually my bad, we don't
Speaker 1: have any money.
Speaker 3: Oh keep me in mind for future opportunities. So yes,
Speaker 3: I'm like, so, how are you gonna ask me for
Speaker 3: my rates? And then say actually, Psych will give you
Speaker 3: our rates. Okay, actually Psych Psych we.
Speaker 2: Don't have any money.
Speaker 1: And you know what's really frustrating is that manby every
Speaker 1: time it happens, it's for their black you know how,
Speaker 1: Like I don't know if you have to set lending tree,
Speaker 1: but like some of these like really big companies have
Speaker 1: like their their black what do they call it, like,
Speaker 1: you know, like almost like they have a black group
Speaker 1: within the.
Speaker 3: It's literally like the Black employee network group or whatever.
Speaker 3: I've been part of my fair share.
Speaker 1: Yeah, so almost I would say ninety percent of the
Speaker 1: time that a huge organization doesn't want to pay it's
Speaker 1: for me to speak to their black employee network, which
Speaker 1: is very disheartening, you know.
Speaker 2: Yeah.
Speaker 1: So if typically if it's like, hey, come speak to everyone,
Speaker 1: it's like, oh, we have some money for you. Oh
Speaker 1: the Black employee network all growing. We don't pay anybody
Speaker 1: for those people. And it's very telling. And so I've
Speaker 1: actually turned down some huge names where maybe before I
Speaker 1: would have done it, you know, just for the exposure.
Speaker 1: But I'm like, you know what doesn't pay bills exposure?
Speaker 3: Exposure, right, because who's going to be watching, who's at
Speaker 3: this company? Who's your audience, you know exactly? So yeah, yeah,
Speaker 3: so it's just very disappointing. Girl. You got to stand
Speaker 3: in your truth and you know what you're worth these days.
Speaker 3: But you're right, I mean when it comes to when
Speaker 3: it comes to it's like the whole appraisal thing with homes,
Speaker 3: right when you find out it's in a black neighborhood
Speaker 3: or you know, has a very diverse community, Often you're
Speaker 3: undervalued and it's almost like you're out of all the
Speaker 3: financial experts and you are unique because there aren't that
Speaker 3: many people at your level women of color, and it's
Speaker 3: sad to see that even even you still have to
Speaker 3: deal with this. But it's only going to change if
Speaker 3: you speak out and keep sharing it and show that
Speaker 3: you're brave enough to you know, kno back down.
Speaker 1: Yeah, yeah, it's important because if you don't, here's the thing,
Speaker 1: and I remember you said this and it stuck with me, Mandy.
Speaker 2: You I think you were answering like.
Speaker 1: A question and you said that basically, if you don't
Speaker 1: negotiate your salary when you first start working, you spent
Speaker 1: basically your whole career trying to catch up.
Speaker 3: Yep, and that always thank you for quoting me back
Speaker 3: to me. This is just making my day. I'm like
Speaker 3: I agree with that.
Speaker 1: Oh I said, nobody was so powerful because even though
Speaker 1: I wasn't, I didn't take the advice as far as
Speaker 1: me like negotiating my salary. But what I did think
Speaker 1: to myself is Mandy's right. Then if I say, hey,
Speaker 1: huge company, you don't have to pay me, word gets
Speaker 1: out and then it's like you're always fighting to regain
Speaker 1: that footing.
Speaker 2: And I get it.
Speaker 1: You know, fifventy ten years ago, who was like, girl,
Speaker 1: I'm sorry, we have no groceries.
Speaker 2: We're doing it for fifty bucks. I would do it
Speaker 2: for fifty bucks. I get it.
Speaker 1: I'm not shading anyone who's first starting and they take less.
Speaker 1: But I challenge you to figure out and not quickly
Speaker 1: learn how to figure out how to make money outside
Speaker 1: of the budget Nissa, until people were willing to pay
Speaker 1: me what I believe I was worth. It took me
Speaker 1: probably like three or four years when I first started
Speaker 1: to finally say, you know what, we're not doing, Tiffany
Speaker 1: all this stuff for free, like I don't mind doing
Speaker 1: to me, Oh, we church wants me to speak for free?
Speaker 2: Got you? Boys and Girls Club? Sis?
Speaker 1: Yes, oh you're not a way got you? But you
Speaker 1: know it's so crazy. It's those organizations that always want
Speaker 1: to pay.
Speaker 2: You know.
Speaker 1: I've had little churches with like ten people say we
Speaker 1: took a love offering Tiffany, and here's some money, you know,
Speaker 1: and so yeah, like I said, it's just and it's
Speaker 1: just frustrating. But it's also important that you understand your worth.
Speaker 1: And I mean not to quote, you know, the illustrious
Speaker 1: Kanye West, but I was just reading.
Speaker 2: Do you do you do?
Speaker 1: You know the styary of Kanye and like his Nike
Speaker 1: deal versus Adidas deal.
Speaker 3: Yeah, something is ringing a bell, but yeah, go for it.
Speaker 1: So like in like in two thousand and seven, he
Speaker 1: I think he met the CEO of Nike and was like, hey,
Speaker 1: you know, I think we should work together. I would
Speaker 1: let's design a shoot together, and Nike was like, bet,
Speaker 1: let's do this. And so he from in two thousand
Speaker 1: like nine, I think like he started like the official
Speaker 1: release of like the Yeezy's, like the Air Yeezys came
Speaker 1: out and it seemed like everything was like going great,
Speaker 1: but he was like Nike, yo, I want like a
Speaker 1: Michael Jordan deal. You know, I want royalties from every
Speaker 1: state from every sale. He said, I want to be like, like,
Speaker 1: like how you did with you know, the air Jordan's
Speaker 1: And Nike was like, yeah, no, but what we can
Speaker 1: do is we could do a small percentage toward a
Speaker 1: charity you first of all, you know, Kanye was like
Speaker 1: the hell and so he said, He's like, no, I
Speaker 1: should be treated like an athlete. I'm going to be
Speaker 1: just as big as Michael Jordan. So what he decided
Speaker 1: and said was he split from Nike in twenty thirteen
Speaker 1: and he started working with Adidas, and he got an
Speaker 1: even better deal.
Speaker 2: With Adidas.
Speaker 1: He gets to retain one hundred percent of the Easy
Speaker 1: brand and instead he has an exclusive distribution deal for
Speaker 1: his Easys And so that's that's like crazy. And so
Speaker 1: as a result of that, in two thousand and nine,
Speaker 1: Easy did it. He sold about one point five billion
Speaker 1: dollars in sales, up fifty percent from the year before.
Speaker 1: And that's about half of what Nike made off Jordan.
Speaker 1: So Easy's made half of what Nike made, Right, But
Speaker 1: guess who got paid more. Kanye got paid about ten
Speaker 1: million dollars more than mj So even though Kanye sold
Speaker 1: less half as many sneakers as Michael Jordan, he got
Speaker 1: paid more than Michael Jordan on his sneakers. And it
Speaker 1: was just a reminder that like, if you're able, because
Speaker 1: it's not always you have to feed kids and you know,
Speaker 1: you gotta you know, you got a you gotta make
Speaker 1: sure that you are okay. But they're time a time
Speaker 1: when you have to stand up for yourself and say
Speaker 1: I am worth more, I bring more to the table
Speaker 1: and I'm going to hold out for someone who is
Speaker 1: going to recognize that.
Speaker 2: And so can you imagine?
Speaker 1: So I think Kanye got paid one hundred and forty
Speaker 1: million dollars from Adidas last year. Now, like I said,
Speaker 1: that's ten million more than MJ. Meanwhile selling over a
Speaker 1: billion dollars less than MJ.
Speaker 2: That's insane.
Speaker 1: So it was just like, you know, Kanye West is
Speaker 1: not always my favorite person, but when it came to that,
Speaker 1: it just like kind of put a battery in my
Speaker 1: back that we need to understand that ownership is wealth.
Speaker 3: Oh I would remember, I'm put that on the shirt that.
Speaker 2: Right, who good one?
Speaker 3: Because well, another example a whole different kind of entertainer.
Speaker 3: I actually watched the Dolly Parton documentary on Netflix this
Speaker 3: weekend because Dolly Parton's like the one thing people can
Speaker 3: agree on. And you know, I Will Always Love You,
Speaker 3: which was performed and made famous by Whitney Houston. Dolly
Speaker 3: Parton wrote that track like in the sixties or seventies
Speaker 3: or something, and at a certain point Elvis apparently wanted
Speaker 3: to record the song, but they wanted like a very
Speaker 3: big share of or they wanted like a credit that
Speaker 3: would have prevented her from recouping like profit from the song.
Speaker 3: And you know, ay, and even back then it was
Speaker 3: before streaming, but like when you heard the song on
Speaker 3: the radio, the producers and songwriters get a cut of that.
Speaker 3: So anyway, Dolly was like Elvis was for her a
Speaker 3: huge star and she turned him down and she was like,
Speaker 3: let me hold on to this. And it wasn't until
Speaker 3: like twenty something years later when Whitney recorded it and
Speaker 3: made it super famous, and she's like that record made
Speaker 3: me was like the key to everything. And it was
Speaker 3: because she stood her ground. Little baby Dolly Parton. She's
Speaker 3: a badass business woman.
Speaker 2: She is a bad I want to watch it that.
Speaker 2: I love a good documentary.
Speaker 3: She and it shortened to the point and you know,
Speaker 3: I mean Dolly and Dolly is just I mean I
Speaker 3: haven't really thought about Dolly, but she is. You have
Speaker 3: got to respect the woman from where she came to
Speaker 3: where to the empire she has made. I mean from
Speaker 3: she has a freaking theme park named after herself.
Speaker 2: I know Dolly's World, isn't it.
Speaker 3: Dolly's Yeah, Dolly Land or I don't know now I
Speaker 3: forgot Dolly something. Okay, Yeah, So mad respect to her,
Speaker 3: and it's the same story. It's about that ownership. It's
Speaker 3: like having the wherewithal to, yeah, to read the fine
Speaker 3: print and stand up for what you think you deserve.
Speaker 3: And it's easier so than done. So I have I
Speaker 3: have so much respect for her and for yes, for ye,
Speaker 3: for Kanye. The man does not lack ego, that's for sure.
Speaker 2: Yes.
Speaker 1: I mean you know, even a broken clock is right
Speaker 1: twice a day. So yeah, hey, how is your birthday?
Speaker 1: Honestly it was amazing, Superman, And this is what I
Speaker 1: tell I'm going to tell you all you men's out
Speaker 1: there who are not good at planning stuff, because Superman
Speaker 1: is not tacked to plan, He's attacked to be like, Babe,
Speaker 1: I want to surprise you, but I don't know where
Speaker 1: spots and stuff are.
Speaker 2: So here's my card and just book it. I'm like,
Speaker 2: that's not I know.
Speaker 1: So I told him this time. I was like, honestly,
Speaker 1: it's been a very hectic couple of weeks. I want
Speaker 1: to have something special for my birthday, but I do
Speaker 1: not want to participate in the planning.
Speaker 2: He looked at me like, wait, well, and so.
Speaker 1: Instead he actually reached out to baby Lisa, shout out
Speaker 1: to you, baby Lisa, who's not a baby, she's thirty one,
Speaker 1: but she's my little sister, the youngest of the five
Speaker 1: of us. And Lisa hooked my guy up. When I
Speaker 1: tell you, she made a typed out itinerary was text
Speaker 1: messaging him, you guys have ten minutes to get to dinner.
Speaker 1: Don't forget about the SPA appointment. So we went to
Speaker 1: Equinox Hotel in New York City. So we all know
Speaker 1: kind of Equinox for the gym, but they have this
Speaker 1: amazing hotel.
Speaker 3: About to say, what, I've never heard if they had
Speaker 3: a hotel.
Speaker 1: Yes, well it's it's you know, Hudson Yards. Is that
Speaker 1: new like beautiful billionaire's row in the city. So it's
Speaker 1: five star. But I was like, one thing. I was like,
Speaker 1: I was like, we gotta preserve these coins. So I
Speaker 1: have so many points on my credit card because you know,
Speaker 1: I haven't been able to use them. So I told Lisa, like,
Speaker 1: you know, and I told Superman, I'm like, no, just
Speaker 1: use the points.
Speaker 2: In our car. Are you crazy? Who's paying out of
Speaker 2: pocket for like the hotel?
Speaker 1: And so the hotel has a spa, it had restaurants,
Speaker 1: so we were able to do a lot of those
Speaker 1: things there. So first night we got there, Lisa found
Speaker 1: a really amazing steakhouse in Harlem for us to eat.
Speaker 1: So we drove and actually traffic wasn't bad from Jersey.
Speaker 1: It was like thirty five minutes we ate got to
Speaker 1: the hotel. It was so gorgeous. We had this amazing
Speaker 1: view of the water. Honestly, I felt like I was like,
Speaker 1: this is how Beyonce feels. I'm like, no, girl, Beyonce's
Speaker 1: in the penhouse. Either way, it felt like ow Beyonce
Speaker 1: felt maybe twenty years ago. But it was amazing. We
Speaker 1: walked in, he had like they had already put up
Speaker 1: the roses in the candle.
Speaker 2: I'm like, how did they know we were coming in?
Speaker 1: He was like ah, And so it was just honestly,
Speaker 1: even my chocolate chip cookies, which I love. I was like,
Speaker 1: they have fresh, big, talkative cookies they have waiting for you.
Speaker 2: It was honestly awesome. I will say that, so you
Speaker 2: deserve that was It just was great.
Speaker 1: And like I said, we had the spot treatment the
Speaker 1: next day and then we went on one of those rickshaws,
Speaker 1: like you know the bicycle people through Central Park. In
Speaker 1: our shout out to Vitali. He was hilarious, funny, kind
Speaker 1: and so knowledgeable about the city. And like I said,
Speaker 1: it was just an amazing weekend. I didn't do a
Speaker 1: lick up work, which I love, and yeah, it was
Speaker 1: a good time. But if there's anything I would say
Speaker 1: takeaway is I'm not y'all know, I'm not huge. Me
Speaker 1: and man are not huge on debt, and I'm not
Speaker 1: huge on credit cards. But when I tell you, American Express,
Speaker 1: they don't pay me anything. I don't have any partnership
Speaker 1: with them. But girl, So that was the points that
Speaker 1: I use from my American Express card because my business
Speaker 1: partner and I Jabro we split the points because we
Speaker 1: have so many, and so we use the points from
Speaker 1: the card. And I didn't realize that when you use
Speaker 1: your American Express card. They're like, oh, breakfast in the
Speaker 1: room is on us. I was like why, They're like
Speaker 1: you use your American Express. Oh you got an extra
Speaker 1: hundred dollars like credit for like whatever, you know whatever,
Speaker 1: like the mini bar or whatever. I was like, what
Speaker 1: it was?
Speaker 2: There were so many perks outside of.
Speaker 3: Like the mini bar for free.
Speaker 2: Can you imagine? You know, you should have seen us
Speaker 2: in there.
Speaker 1: He and I are such like cheap boats, and I
Speaker 1: was like, you think how much you think the water costs?
Speaker 2: How much?
Speaker 1: We were at it every and then it was so
Speaker 1: funny because before we were leaving, he was like, Babe,
Speaker 1: we got five more dollars.
Speaker 2: We can't.
Speaker 1: We can't leave five thousand people. Go ahead and grab
Speaker 1: the gummy beers.
Speaker 3: No, I've seen you in Yahoo's free kitchen. I've seen
Speaker 3: you there.
Speaker 2: Yeah.
Speaker 1: I used to love Tavy and Yahoo's, oh Yahoo, just
Speaker 1: because I'm like, ooh, I get my kind bars.
Speaker 2: So yeah, it was just awesome.
Speaker 1: But like I like, I never, I've never I've never
Speaker 1: utilized American Expressing that way before, and I just didn't
Speaker 1: realize what, you know, just how much they catered service
Speaker 1: to you. So it just was really nice. And like
Speaker 1: I said, the hotel was amazing.
Speaker 2: I mean.
Speaker 1: A ten out of ten. Honestly, it was just amazing.
Speaker 1: And it's just so centrally located, so you.
Speaker 3: Got to travel Like I'm kind of just jealous of
Speaker 3: the experience of just going somewhere with your boo and
Speaker 3: just like you even did like touristy stuff like the
Speaker 3: little rickshaw whatever bicycle.
Speaker 2: Wow. Yeah, I don't know what they call it. I just.
Speaker 3: I'm so self conscious. I'd be like, are you okay?
Speaker 3: Do you want me to suck at it in? Like,
Speaker 3: how can I make this a lighter load? No, but
Speaker 3: that sounds so sweet and so romantic, and you know what,
Speaker 3: shout out to your sister, Lisa, because that was a
Speaker 3: real solid move. The guy. I mean, I'm just kind
Speaker 3: of I've guys just need help. So if you have
Speaker 3: a friend or a sibling who you know is close
Speaker 3: with your significant other, I say, go all the way,
Speaker 3: just say hey, can you help him or her or
Speaker 3: whoever it is? Just just help them for my own benefit. Yeah, yes,
Speaker 3: But husband and I decided to start something called bay
Speaker 3: day by day. Well, I kind of hate the expression
Speaker 3: date night, and it hasn't really worked for us. The
Speaker 3: idea that we'd have a date night once a week
Speaker 3: or whatever, and especially in COVID times plus having the baby,
Speaker 3: I'm like, what a night where I can't I don't
Speaker 3: have to be at home. I'm still nursing and all
Speaker 3: that kind of stuff. So I was like, let's you know,
Speaker 3: and it's led to like disappointments, so that's what I'll say.
Speaker 3: And I said, Okay, how about instead we just name
Speaker 3: one day on like a Saturday or Sunday, like Bay Day,
Speaker 3: and we each do something nice for one another during
Speaker 3: the day, like a day kind of date or whatever.
Speaker 3: So we're going to try it out starting next weekend.
Speaker 3: I just want to feel special. I just want to
Speaker 3: feel like there's something because it's the weekends can be monotonous,
Speaker 3: and also, you know, it is it's been a really
Speaker 3: freaking long time since we've had time to like be
Speaker 3: a couple who thinks about one another, you know, So
Speaker 3: we're gonna try it out. Baby yay.
Speaker 2: I love that.
Speaker 1: It's important honestly to just kind of because I you know,
Speaker 1: I work a lot, and so it was just nice
Speaker 1: to just be like, hey, cause you know, right now
Speaker 1: Superman is home because he had like the foot surgery.
Speaker 1: So even though we're home all day together, it's I
Speaker 1: don't want to get to see him and just hang
Speaker 1: out and just and not do anything other than just talk,
Speaker 1: you know, usually like in the morning we do and
Speaker 1: then right before we go to sleep. But like, it
Speaker 1: was nice that all day it was just like, hey,
Speaker 1: how you, how are you? Oh my gosh, what's your
Speaker 1: favorite color again?
Speaker 5: Oh?
Speaker 2: Blue?
Speaker 1: I forgot, you know. So it was really really really nice,
Speaker 1: I have to say. And I was really happy, and
Speaker 1: I was proud of him. I could say he was,
Speaker 1: but nobody's more proud of him than himself. Okay, because
Speaker 1: he was like, I did I heard about the phone? Yeah, man,
Speaker 1: I did it so good. I was like, that has
Speaker 1: to come for me. You are doing the most right now.
Speaker 2: But he did do a really good job.
Speaker 3: Give him this little pat on the back, Give this
Speaker 3: a little and before do you feel the pending doom
Speaker 3: of like the winter time I'm feeling I'm starting to
Speaker 3: feel like, let me get my last social distance outdoor
Speaker 3: hangouts and before we got to close up for the
Speaker 3: winter and go back inside our caves. Are you feeling
Speaker 3: anything like that?
Speaker 2: Not yet?
Speaker 1: Only because I have a fire pit in the backyard,
Speaker 1: so we gonna see how long that like lets me
Speaker 1: stretch out, and so we'll see. I have like a
Speaker 1: like a group of friends. There's like three of us
Speaker 1: that like hang out. They'll come here, Like my friend
Speaker 1: Rihanna lives around a corner, my sister lives down the street,
Speaker 1: and then Linda doesn't live far I need to disc Cobra.
Speaker 1: So we've been like, you know, kind of like hanging out.
Speaker 1: Like we'll just rotate houses so it doesn't feel as bad.
Speaker 1: And plus two, you know, I always work from home,
Speaker 1: so it doesn't feel too crazy.
Speaker 2: And I'm not gonna lie I am.
Speaker 1: People think like I guess because I'm pretty, I seem
Speaker 1: like I'm so we're outgoing.
Speaker 2: I'm not.
Speaker 1: I'm just more silly and fun. But I'm actually pretty shy.
Speaker 1: So I love me a good. I'm just gonna be home.
Speaker 3: Yeah, this whole virtual lifestyle is great for me. I
Speaker 3: went to a happy hour at three thirty. I never
Speaker 3: would have gone to in real life if it had
Speaker 3: been at a bar. I'm like, y'a, I'll do your
Speaker 3: little I'll do a happy hour quote unquote, you know,
Speaker 3: talk to some people. It's so much better I don't
Speaker 3: have to like leave, there's no commute, there's no like
Speaker 3: I bet you're like me where you go to a
Speaker 3: function and afterwhard you come home and you're like so
Speaker 3: depleted from all the like for socialization and networking or
Speaker 3: whatever that is. My I can roll into bed if
Speaker 3: I want to or whatever. It's nice. Yeah, well we've
Speaker 3: got a busy We've got a very busy fall. We
Speaker 3: have this two week period where it's like Thanksgiving. Rio's
Speaker 3: first birthday is Thanksgiving Day. This year it falls on Thanksgiving.
Speaker 2: Oh really, I'm not having birthday right.
Speaker 3: Little Turkey Turkey and then my and then we're trying
Speaker 3: to squeeze into baptism in between Thanksgiving and my husband's
Speaker 3: brother's wedding, which is and I really thank them for this.
Speaker 3: It's black tie optional, so that means your girl is
Speaker 3: gonna get a ball down.
Speaker 2: It's nice.
Speaker 3: I'm really excited. I want to like get my hair done,
Speaker 3: and I'm already kind of bullying slash just you know,
Speaker 3: just gently nudging one of our cousins to like get
Speaker 3: her hair done with me, and let's make a day
Speaker 3: of it. And we're gonna stay at this nice hotel
Speaker 3: or the wedding is gonna be so I'm looking forward
Speaker 3: to that, but it's gonna be quite a two week span.
Speaker 3: And then I feel like, okay, I'm gonna put you
Speaker 3: know the clothes sign on our house and just be like, Okay, goodbye.
Speaker 3: That's it. See y'all in March. Hibernating hibernating. Yeah, yeah,
Speaker 3: something to look forward to for sure.
Speaker 2: Okay, well, is it time for my favorite part of
Speaker 2: the show, I.
Speaker 3: Believe, So let's take a quick break and we will
Speaker 3: be right back with y'all's question.
Speaker 5: Question, and we're back for the FABE part of the show.
Speaker 5: Question Doll's question.
Speaker 2: Don't do we have any questions?
Speaker 1: Man?
Speaker 3: Oh, well do we do?
Speaker 4: We?
Speaker 3: Ever? This is this is look, this is definitely our
Speaker 3: fa one of our favorite parts of the show, and honestly,
Speaker 3: I wanted to give you all an update. So a
Speaker 3: couple of weeks back, we got a question from a
Speaker 3: listener that really hit hit us in our heart strings.
Speaker 3: She was a single mother, really struggling, had some debt,
Speaker 3: had some savings, and was pretty much questioning whether or
Speaker 3: not she should pull all the money out of her
Speaker 3: four one K in order to pay off her debt.
Speaker 3: And get on the right track. And you know, Tiffany
Speaker 3: and I talked at the time about like I was
Speaker 3: raised by a single mom, and I kind of shared
Speaker 3: how when my mom got to force from my father
Speaker 3: and separated, and she had four kids, like under the
Speaker 3: age of I don't know how thirteen or fifteen or
Speaker 3: something like that, but a bunch of kids and one
Speaker 3: very small income. And so when we got that question,
Speaker 3: I think, you know, my advice was really the only
Speaker 3: way that we survived that period in our times was
Speaker 3: because my mom asked for help from her siblings, from
Speaker 3: my aunts and uncles, and we lived with my uncle,
Speaker 3: like and A kicked him out of his bedroom. He
Speaker 3: slept on the couch, and my mom and my sister
Speaker 3: and I crammed into his bedroom and my little brother
Speaker 3: and my older brother slept in another bedroom. And we
Speaker 3: lived there for a while, and then we moved into
Speaker 3: my uncle's rental for a while. My mom's coworkers got
Speaker 3: us Christmas gifts that year. It was tough. Anyway, one
Speaker 3: of our listeners reached out, and I thought this was
Speaker 3: so sweet. She offered to she wanted to see if
Speaker 3: we could connect her to that listener, so that she
Speaker 3: could send her like a grocery store gift card or something.
Speaker 3: So just shout out to that listener and thank y'all
Speaker 3: for feeling like you can share these intimate stories. Yes,
Speaker 3: and you're stress with us.
Speaker 2: Mandy.
Speaker 1: Your advice was so because you know, sometimes we could
Speaker 1: get lost in the financial advice send it for it
Speaker 1: to be super technical, like well, you know you want
Speaker 1: to refinance your loan and you want to talk to
Speaker 1: da da da da, and you want to defer and forbearance,
Speaker 1: and you know, your advice was so empathetic and spot on,
Speaker 1: Like it just really warmed my soul that that a
Speaker 1: listener can ask a question and they could get advice,
Speaker 1: but from a place of like heart and soul. It
Speaker 1: just honestly, I just as I was listening to you share,
Speaker 1: I was just like, wow, this is exactly what this
Speaker 1: show is about. Yes, we certainly get to the you
Speaker 1: know X y Z, you know P plus L equals this,
Speaker 1: but we also get to the this is how my
Speaker 1: life is flavoring, you know, the advice that I'm giving you,
Speaker 1: and so I don't know it just I just wanted
Speaker 1: to tell you that it just really warmed my heart
Speaker 1: and soul and just it was just awesome advice that
Speaker 1: you gave her during our last episode.
Speaker 3: Well thanks and thanks to her for you know, sharing that.
Speaker 3: And it almost was like her question and of itself
Speaker 3: was asking for help, which was a you know, it
Speaker 3: takes bravery. So thank you for sharing, and thank you
Speaker 3: to that listener. I'm going to connect y'all. Finally got
Speaker 3: the email, so thank y'all. But let's get into this
Speaker 3: week's question. Your favorite Tiffany real estate question. Lots of
Speaker 3: real estate questions. It does feel like the hot the
Speaker 3: housing market if you're in the right location, is pretty
Speaker 3: hot these days as people are looking to move out
Speaker 3: of cities and get to the burbs since no one's
Speaker 3: going any damn ware all right. This question comes from
Speaker 3: listener named Natalie. She says, I'm shopping for a home
Speaker 3: in a very competitive market. I'm trying to decide if
Speaker 3: I should embark on a renovation project or stick to
Speaker 3: the turnkey homes. I remember Tiffany renovated her home from
Speaker 3: top to bottom. Mandy, did you have renau projects in
Speaker 3: your home too? I want to know how did you
Speaker 3: find a good team that doesn't try to take advantage
Speaker 3: of you? And that also does a great job. I've
Speaker 3: heard the horror stories of renaults getting out of control
Speaker 3: and costing way more than budgeted. Any tips you have
Speaker 3: would be great, thank you, and I love the show.
Speaker 3: So Natalie wa.
Speaker 2: She wants she wants to either reno or buy a home, so.
Speaker 3: It's a very competitive market. So she's like, should I
Speaker 3: try to go for a fixer upper basically, which would
Speaker 3: open up her options? If she's looking for a turnkey home,
Speaker 3: like a home that's ready to move in, you know,
Speaker 3: doesn't need any doesn't mean any fixing up, it would
Speaker 3: limit her options in this community market. So yeah, I
Speaker 3: was in the they we're both in the same boat.
Speaker 1: I couldn't find a turnkey because it was just one
Speaker 1: too expensive. And I'm not gonna lie right now. To me,
Speaker 1: the housing market is a bit inflated because the supply
Speaker 1: is low, but the demand is high, so homes are
Speaker 1: going for way more than they would have gone for
Speaker 1: just a month ago. Like the people across the street.
Speaker 1: My face, Oh man, they didn't tell you. My fans
Speaker 1: are selling their house.
Speaker 3: Your faves. Who are the faves? Wait? The guy, the guy, yes,
Speaker 3: neighbor Keith.
Speaker 1: Yeah, So Neighbory Keith is selling his house and it went.
Speaker 1: It went literally in three days, for like way more
Speaker 1: than they probably would have went for just a month
Speaker 1: ago their home. And that's because the market that we're in.
Speaker 1: So I would I would actually caution folks against buying
Speaker 1: turnkey in a market like now.
Speaker 2: But I'm not gonna lie.
Speaker 1: I mean, I was fortunate in that, not so much
Speaker 1: that my contractor was so great, but I had a
Speaker 1: really great project manager that leaned on him, and that
Speaker 1: that was Rihanna and her husband. She was my designer
Speaker 1: remain home r E h Main m A I N home.
Speaker 1: That's what they are on on on ig but they were.
Speaker 1: They were my project management team. She designed, He is
Speaker 1: a he's a carpenter by trade, but an engineer and
Speaker 1: so he they If it wasn't for them, the house
Speaker 1: would not have turned out the way it did because
Speaker 1: my contractor certainly was trying to cut corners.
Speaker 2: So that's what I would say, is.
Speaker 1: That, knowing what I know now, I would have started
Speaker 1: with a project manager that can help me vet a
Speaker 1: really good contractor, because there are some things that I
Speaker 1: would have missed had it not been for them.
Speaker 2: I know you're you're, you're.
Speaker 1: You had like a you didn't you didn't have a
Speaker 1: project manager, right Mandy.
Speaker 3: Well, yeah, yeah, so we want more traditional. I mean,
Speaker 3: I guess we found our contractor first, and we interviewed three.
Speaker 3: We found him by going, I mean my husband. Really
Speaker 3: he was our project manasurre in that sense, like he
Speaker 3: interviewed people that he found on Home Advisor or Angie's
Speaker 3: List good reviews, and then interviewed them and our and
Speaker 3: we looked for things I was especially looking for, not
Speaker 3: necessarily the lowest price, but the best, the most communicative,
Speaker 3: because you're about to go on a like a multi
Speaker 3: month you know project, no matter what they say, it's
Speaker 3: going to be months, and you want someone who will
Speaker 3: like answer your email and so your texts show up
Speaker 3: on time. And the guy we ended up going with
Speaker 3: was ultimately he showed up on time. He was the
Speaker 3: first to respond to our email you know, about the job.
Speaker 3: He was very like professional and communicative, and he was
Speaker 3: in the mid range as far as the cost went.
Speaker 3: And we also worked with an interior designer separately, and
Speaker 3: I like, so Tiffany, like your interior designers. They recommended
Speaker 3: your contractor, Is that right?
Speaker 1: No, so no, no, I actually found my contract of first, okay,
Speaker 1: but then we found the tier designer like right after that.
Speaker 1: So right as I was like deciding, like there was
Speaker 1: like three or four contract I was just kind of deciding,
Speaker 1: and then we found the project manager and he was like, wait, wait, wait,
Speaker 1: let me help you decide between the few that you're
Speaker 1: looking at, and so they helped mm.
Speaker 3: Hmm, gotcha. Yeah. I think if you start with like
Speaker 3: an interior designer, which which sounds it is not just
Speaker 3: about drapes, Okay. It's not like someone coming to pick
Speaker 3: out what color your rug is going to be. For us,
Speaker 3: it was about Okay, what size kitchen counter can we
Speaker 3: fit in here? What size desk should we get?
Speaker 5: That?
Speaker 3: Stuff that takes like she was so valuable in helping
Speaker 3: me just like reassess my own like help me understand
Speaker 3: what could fit and what we actually could do with
Speaker 3: the space to maximize it. So honestly, if you find
Speaker 3: someone like that first, they probably have worked for worked
Speaker 3: with a bunch of contractors or other people that they
Speaker 3: know in the business and can recommend someone and that
Speaker 3: could be a good source of referrals. We had a
Speaker 3: bit of like it wasn't that bad. But our contractor
Speaker 3: was kind of an afflement alpha male, and he didn't
Speaker 3: love so much my really adorable, petite Russian blonde Julie.
Speaker 3: I loved Julia, She's amazing. Didn't love how kind of
Speaker 3: pushy she was, but I did. I loved how pushy
Speaker 3: she was. Yeah, and you know, wouldn't respond to her sometimes,
Speaker 3: and I had to, like, you know, smooth things over.
Speaker 3: But I think I got, you know, overall, really lucky.
Speaker 3: And honestly, it's tough to people. It's very it's scary
Speaker 3: because if you're going to be spending and we spent
Speaker 3: you know a lot of uh, we spent a lot
Speaker 3: of cash on our remodel. What made me feel comfortable
Speaker 3: about it was the way that he structured the contract
Speaker 3: where it was split up into certain payments after a
Speaker 3: job was completed.
Speaker 2: Yep.
Speaker 3: So you know it's like the kitchen or the demos
Speaker 3: or yeah, demo's done, here's a payment. Kitchens, floors are installed,
Speaker 3: here's a payment. You know, the big bathroom like, you know,
Speaker 3: big things like that. So I felt comfortable and that
Speaker 3: was all lined out in the contract, and then you
Speaker 3: just cross your fingers and pray pray that and make
Speaker 3: sure they get their the permits right. If you have
Speaker 3: someone who's trying to talk to you about oh, our cousins.
Speaker 3: They listened to the show. I don't put their business
Speaker 3: out there, but they they were going to remodel their
Speaker 3: their backyard this summer and they found a really great
Speaker 3: guy who had a great portfolio. And it was during
Speaker 3: the pandemic and this guy was going to do it
Speaker 3: for real cheap, and he was like, Oh, you don't
Speaker 3: need a permit for your backyard whatever. I Meanwhile, they're
Speaker 3: like taking down like part of this retaining mall and
Speaker 3: all this stuff, and one of their neighbors like reported
Speaker 3: them apparently, and they now have for months now have
Speaker 3: had just like half their yard, you know, demoed and
Speaker 3: this big ass dump dumpster in their driveway taking up
Speaker 3: all the space. So get your PaperWorks and dot your
Speaker 3: eyes and cross your t's and all that stuff.
Speaker 1: No, absolutely, and yeah, you just you want to get
Speaker 1: someone who to Mandy's point, it's well one you One
Speaker 1: of the things I learned from Jermaine, from you know,
Speaker 1: my my project manager, is that we set aside about
Speaker 1: twenty five percent extra because things happen that are not
Speaker 1: the contractors.
Speaker 2: Fault, like for example, they were like digging up. They're like, uh,
Speaker 2: there's a hole here, you know.
Speaker 1: So you set aside twenty to thirty percent honestly kind
Speaker 1: of like extra and it's it's always going to take
Speaker 1: longer and it's always going to for the most part,
Speaker 1: going to be more. But if you have a good
Speaker 1: designer project manager, they can really help navigate. So we
Speaker 1: my husband and I Superman and I bought a second
Speaker 1: property totally tear down, well not really a tear down,
Speaker 1: but it was a beat. It was ten thousand dollars,
Speaker 1: so it tells you just how bad, what bad shape
Speaker 1: it was in. So Jermaine again served as our project manager,
Speaker 1: and we are last time I checked, I think we're
Speaker 1: thirty thousand dollars under budget. So but that's also because
Speaker 1: of a lot of the COVID things. Because to your point, man,
Speaker 1: a lot of people are like, oh, I need work.
Speaker 1: So I know that gave you that bid before, but
Speaker 1: I can do better. But you're wanting. You're wanting. That's
Speaker 1: what a good project manager or designer and things will
Speaker 1: help you with is to manage all like the bigger
Speaker 1: aspect of your home because it's not just oh, I like,
Speaker 1: you know, I want hardwood floor, it's like, well, how's
Speaker 1: that going to go with the door? And how is
Speaker 1: the layout of the house. Does it make sense for
Speaker 1: the kitchen door to be here rather than here? And yeah,
Speaker 1: and I mean it's it's it's it's funish it can
Speaker 1: be when it's not being super stressful.
Speaker 3: Yeah, I mean you definitely want to, like you wanna
Speaker 3: if you and it doesn't really cost anything for a
Speaker 3: contractor to come and give you a quote, so if
Speaker 3: you even and the thing is like in a competitive market,
Speaker 3: you have to like put in the offer really quickly,
Speaker 3: but try to get ahead of it. Try to have
Speaker 3: someone like a contractor who can maybe take a look
Speaker 3: at the property and you tell them what you or
Speaker 3: even just tell them what you want to do and
Speaker 3: they can give you a rough estimate so that you
Speaker 3: can see, is this more than you're willing to spend,
Speaker 3: you know, to put into the house, And then you know,
Speaker 3: try and uh, yeah, get get lots of wine if
Speaker 3: you're a drinker, and just keep that you know, on standby,
Speaker 3: and yeah, get and just adjust your expectations like and
Speaker 3: on top of setting aside twenty five percent. I would say,
Speaker 3: increase whatever quote they get you for the timeline by
Speaker 3: like a month, two months. Why not set your expectations
Speaker 3: very low. It ain't like AHGTV where you walk in
Speaker 3: and they're like, here's your house. I still have people
Speaker 3: coming in to like do this in that like months,
Speaker 3: like into February, and it was supposed to be done
Speaker 3: in December. So countertops get delayed, all kinds of fun stuff.
Speaker 1: Oh yes, yes, yeah, Like literally they're like, oh, there's
Speaker 1: a tariff on your shelves.
Speaker 2: I'm like, wait, what does that mean?
Speaker 1: So yeah, but like all in all, you know, if
Speaker 1: you've got a good team around you, you end up
Speaker 1: with something beautiful and then you get something that's really
Speaker 1: suited to your style.
Speaker 3: So if you're looking in Westchester, there's some really nice
Speaker 3: fixer uppers. I mean not nice, but they could be
Speaker 3: nice if you fix them up in our area. So
Speaker 3: come on down. I'm excited because I feel like our
Speaker 3: neighborhood's like a diamond in the rough and people investing
Speaker 3: and buying homes. Now I'm like, yay, go all right,
Speaker 3: let's take let's pueeze in another quick question. We spent
Speaker 3: a lot of time on that one because we had
Speaker 3: lost to say. But thank you again, Natalie with an
Speaker 3: H for your question. I appreciate that. All right, our
Speaker 3: next question, all right, this one comes from someone who
Speaker 3: would like to remain anonymous, and that is perfectly fine.
Speaker 3: They have a question about a five to two nine,
Speaker 3: So they say, I have a question about getting a
Speaker 3: five two nine started for my two month old granddaughter.
Speaker 3: Is it a good way to say for college for her?
Speaker 3: What are your thoughts? By the way, I love the
Speaker 3: podcast listen every week. Oh and I bought Happy Birthday
Speaker 3: Molly Moore for my granddaughter. Yay Molly Moore.
Speaker 2: Wait a little about Molly Moore dot com. M A
Speaker 2: L I M L R E.
Speaker 3: No.
Speaker 2: I love that. Here's the thing.
Speaker 1: And I don't know how you stand on five two
Speaker 1: nine plans. I'm not gonna lie management it's not my fave.
Speaker 1: What I do like about five to nine plans, you know,
Speaker 1: is that you know there are tax benefits right to
Speaker 1: your five two nine plan. But what I don't work
Speaker 1: is that I don't want to set aside money for
Speaker 1: a thing that might not happen. I instead, like I
Speaker 1: have like my nieces and my nephews, I have custodial
Speaker 1: accounts for them, which is just basically account where I'm
Speaker 1: investing money for their future. And I can, you know,
Speaker 1: kind of hand it over to their mom, their dad
Speaker 1: or whoever whenever, or them whenever I want to. And
Speaker 1: and in my mind, I'm like, oh, this is for college.
Speaker 1: But what if Roman decides that he know is going
Speaker 1: to start his own business. What if Lily says, you
Speaker 1: know what, I you know, I don't want to go
Speaker 1: to college. You know, I'm I'm a stay at home mom.
Speaker 1: You know what if Amelia is like, I want to
Speaker 1: take over the world. That's what she's working on now
Speaker 1: at three, you know, And so I didn't I So
Speaker 1: I with five two nine plans, really you're you're supposed
Speaker 1: to use them for education, and if you don't, there
Speaker 1: are some financial ramifications that I just I don't like,
Speaker 1: even though they've they've brought in how you can use
Speaker 1: it for education, because I from what I understand now,
Speaker 1: you can even use it now, like let's just say
Speaker 1: Amelia's in childcare, so her mom could use some of
Speaker 1: the five to two nine plan money for childcare now,
Speaker 1: I mean for it for daycare now. But still it's
Speaker 1: just too limiting for I mean, so they're just not
Speaker 1: my fave.
Speaker 3: Yeah, I agree one hundred percent they're not, are You know,
Speaker 3: A five two nine plan is a good way to
Speaker 3: save if you're sure which who knows what's going to
Speaker 3: happen that you know they'll go to they'll use the
Speaker 3: money for education. The good thing. I hate to say this,
Speaker 3: but with the Trump tax plan, there actually was a
Speaker 3: benefit which expanded the ability to use the funds and
Speaker 3: your five two nine plan beyond higher education. You actually
Speaker 3: could use it for like private school tuitions for K
Speaker 3: through twelve, or school fees and things like that, so
Speaker 3: you know, you don't necessarily have to wait to use
Speaker 3: it for college anymore. I think it's up to ten
Speaker 3: thousand dollars or something like that. We can post a
Speaker 3: link to an article that has the details, so that's
Speaker 3: something to think about. I actually do have a five
Speaker 3: to two nine for Rio, because Husbi opened one and
Speaker 3: he was so damn proud of himself, and I was like, okay,
Speaker 3: and I don't mind the you know, and the benefit
Speaker 3: is that you'll the money you put in grows tax
Speaker 3: free and won't get taxed, like as long as you
Speaker 3: use it for allified education expenses. You won't pay taxes
Speaker 3: on it later, and you invest it, and you can
Speaker 3: choose from a bunch of different types of investment, you know,
Speaker 3: based on your risk tolerance and all that. So, but
Speaker 3: to your point, Tiffany, we were, I think we're recently
Speaker 3: we had Sharon Epperson, the CNBC correspondent, she was on
Speaker 3: the show back when we just got into quarantine, I think,
Speaker 3: and she has some teen she has teenage children, and
Speaker 3: she was she was saying, well, you know, you do
Speaker 3: invest your child's money when you open a five two
Speaker 3: nine plan her children. I think we're just we're close
Speaker 3: to graduating high school. And because of the pandemic at
Speaker 3: the time, the stock market at crash and all that
Speaker 3: kind of stuff, She's like, oh crap, Like the gains
Speaker 3: on my investments have gone down. I mean luckily they
Speaker 3: bounced back, but that is something to time it. You know,
Speaker 3: your time horizon's only like what eighteen years or so,
Speaker 3: seventeen eighteen years, So you want to be sure when
Speaker 3: you choose your investments that like, for example, for Rio,
Speaker 3: I think we're in some kind of version of a
Speaker 3: target date fund that should become more conservative closer to
Speaker 3: get too. Yeah, and it's cute because you can give
Speaker 3: a link to your friends and family and they can
Speaker 3: contribute all.
Speaker 2: That, which is nice.
Speaker 1: But one thing I don't like too about a five
Speaker 1: to nine plan is that, like, don't colleges sometimes it
Speaker 1: could be honestly, you might not get as much financial
Speaker 1: aid that college is consider it when deciding on financial aid.
Speaker 1: So it's possible that you talk would get less financial
Speaker 1: aid if you've got like a ton of BI two
Speaker 1: nine plan money like stashed away. So that's also too
Speaker 1: But to me, I mean that's a big drawback. But honestly,
Speaker 1: to me, the biggest drawback is we're in such uncertain times,
Speaker 1: and not just because of pandemic and quarantine and stuff,
Speaker 1: but just because, like the way the world is shaping up.
Speaker 1: Who knows if there'll even be a thing called college
Speaker 1: in ten years, And I just am nervous about betting
Speaker 1: on that with kids that are like, you know, like
Speaker 1: it's different for Supergirl, right, she's fourteen, so it's like, Okay,
Speaker 1: she's going to college, like college is still a thing.
Speaker 1: But Roman is five. I don't know what that's going
Speaker 1: to look like in thirteen years, you.
Speaker 3: Know, yeah, well, yeah regarding and I know we just
Speaker 3: wrote an article about this on Magnify. It's it's it's
Speaker 3: a baby myth that like five two nine plans really
Speaker 3: dramatically decrease the amount of money you might get from
Speaker 3: financial aid. But it's definitely like it's a it's a risk,
Speaker 3: but it's not like quite as furious. Yeah, like it's huge.
Speaker 3: So anyway, but I'll post I don't have time to
Speaker 3: get into it now, but i'll post something. Yeah, I
Speaker 3: got time for that. But it's decent. But yeah, definitely.
Speaker 3: And tip, do you have a custodial ir ray for them,
Speaker 3: like a ROTH or what kind of account you have
Speaker 3: for them? Just a savings account.
Speaker 1: No, it's a custodial not a ROTH. It's just a
Speaker 1: traditional brokerage acount. But it's a custody gotcha.
Speaker 3: Yeah, so I mean either way, or you can even
Speaker 3: just set aside some cash when you figure it out later,
Speaker 3: you know, put the cash into an account. Better something
Speaker 3: than nothing, right when you're saving for when you're saving
Speaker 3: for anything, analysis paralysis can just stop you from making
Speaker 3: from doing any saving it also exactly go for it.
Speaker 3: And kudos to you, grandma, you're very good granny.
Speaker 2: Yes, especially she got the Molly Moore.
Speaker 3: Book, right, Molly Moore at mollymore dot com. You're welcome,
Speaker 3: all right, all right, cool? Ready for a boost and break?
Speaker 2: Yes, now it's time to boost their break. We're all
Speaker 2: our family. Are you gonna boost? Are you gonna break?
Speaker 2: What you gonna do? Mandy.
Speaker 3: I don't know if you guys check Twitter today between
Speaker 3: the hours of like three and five pm, but there
Speaker 3: was a trending topic that yes, I saw that I
Speaker 3: can't have children in the car or a car if
Speaker 3: you have children in the area, just cover their ears
Speaker 3: hashtag zoom. Dick was trading all that. I was in
Speaker 3: the middle of like that happy hour call that I
Speaker 3: was doing, and I was like, what is going on? Why?
Speaker 3: And I am a masochist, so I clicked. Apparently this
Speaker 3: like CNN contributor, New Yorker columnist or something, was on
Speaker 3: a call with colleagues and his manhood made an appearance
Speaker 3: on the call, and he issued a statement saying, this
Speaker 3: is very embarrass I thought I was not I thought
Speaker 3: I had muted my video, which that quote in and
Speaker 3: of itself tells you this man didn't know he was doing.
Speaker 3: Because you can't mute a video. Oh his poor colleagues,
Speaker 3: y'all can't wait?
Speaker 2: Wait was he not wearing any pants?
Speaker 3: So sources tell me that, uh, it has now come
Speaker 3: out that he was participating in a recreational activity on
Speaker 3: this conference call, a very healthy one that probably you know,
Speaker 3: like most of the most adults participated in. You know,
Speaker 3: it's great, no shame in that game. But maybe don't
Speaker 3: do it on a work call. Uh yeah, yeah, yeah, yeah, yeah, disgusting.
Speaker 3: But that's like the extreme of poor And wait, Tiffany.
Speaker 2: Myself, sir, what can be so.
Speaker 1: Arousing arousing about a work call that you have to
Speaker 1: I just can't believe it.
Speaker 3: Wow, yeah, he's like, I want to apologize to my wife.
Speaker 3: Yes you do, my goodness, it's a very healthy habit.
Speaker 3: But not on a zoom call, sir, I got. And
Speaker 3: I just feel bad for his colleagues. Oh it must
Speaker 3: have been like to stop it. I mean, I don't listen.
Speaker 3: Just the like the ego, like the male and men
Speaker 3: are just so dumb, just so dumb. Sometimes man keep
Speaker 3: it in your pants, they keep it in your pants.
Speaker 3: Do it with a door? You know, I am so like,
Speaker 3: I am so paranoid about being caught on video doing something.
Speaker 3: I got one of those. Everyone should invest in these
Speaker 3: little like slidey cover thingies for your webcam that you
Speaker 3: can just keep it slid so that even if I
Speaker 3: open a Zoom and it automatically turns a video on,
Speaker 3: but I don't want the video to be on. It's
Speaker 3: just covered, you know, and I have a moment and
Speaker 3: gather myself and fix my hair or whatever before I
Speaker 3: open it, and I close the laptop anytime I'm not
Speaker 3: sitting at it, just you know, just to keep it
Speaker 3: because I don't want that to happen. But I mean,
Speaker 3: at the worst case, what if someone see me like
Speaker 3: yelling at my husband or whatever, maybe taking a nap
Speaker 3: because for now my office is in my bedroom. But
Speaker 3: none of that. That is just disgusting. That, yeah, but
Speaker 3: what are some other zoom like bad virtual haven?
Speaker 2: Remember that girl who got caught peeing on Zoom by mistake?
Speaker 1: What she didn't realize it was in the very very
Speaker 1: very beginning, and so she was like, you know, she
Speaker 1: was on her computer. You see her like walking, You
Speaker 1: could tell, you see her reach and she you could
Speaker 1: tell she thought that she pressed the button because you
Speaker 1: see her with her laptop, walking, placing it down on
Speaker 1: the floor in the bathroom, picking down her pants and.
Speaker 3: Sit in the poor and then she like.
Speaker 2: Looks over and I guess it was that at that
Speaker 2: moment she realized.
Speaker 3: The midstream and she couldn't stop it.
Speaker 1: Oh, I mean you couldn't see, like you know, you
Speaker 1: couldn't see anything. You couldn't see like you know, the
Speaker 1: side of her leg or whatever. But you could tell
Speaker 1: she was I don't even know how you returned she
Speaker 1: the way she tumbles off of the.
Speaker 2: Everyone was like, how did I miss this?
Speaker 3: Everybody was like, Jenny, Jenny, Jenny, No, because I was like,
Speaker 3: first of all, I don't know what's worth Jenny peeing
Speaker 3: on zoom or the fact that.
Speaker 2: Somebody recorded it and shared it with the world because
Speaker 2: I saw it.
Speaker 3: I saw, well, you're right. That was another thing I
Speaker 3: wanted to point out poor zoom etiquette, Like you know,
Speaker 3: accidents happened. Someone sent me and it's no shade to
Speaker 3: this front, but someone sent me a clip, like a
Speaker 3: viral clip of someone's mother getting dressed with their with
Speaker 3: her son or nephew or whatever on his school zoom
Speaker 3: call in the background. So she's in the background in
Speaker 3: the closet, you know, and you know she had pants
Speaker 3: on but no top, no bra, and she was caught
Speaker 3: and they recorded it and then sent it around and
Speaker 3: it's viral, and I'm like, that poor woman was just
Speaker 3: that's poor. She was just minding her business. She was
Speaker 3: probably like trying to go from work, you know, trying
Speaker 3: to do like get you know, her sons in school.
Speaker 3: She's just doing you know. I feel so bad for her.
Speaker 3: So yeah, anyone who's recording that shit and taking advantage
Speaker 3: of it, you know, you're terrible humans.
Speaker 1: Nor you really shouldn't because something like that. It's just like,
Speaker 1: I mean, people kids are home, was just talking about
Speaker 1: being your normal self.
Speaker 2: And so yeah, that's.
Speaker 3: Terrible, very terrible.
Speaker 1: And my boost is really simple. It's nothing crazy or
Speaker 1: not my boost. So my break is these damn squirrels.
Speaker 1: So I thought I was cute. I said, I'm a homeowner.
Speaker 1: Now you know what, I'm gonna buy some pumpkins for
Speaker 1: my front yard because you know what, fall, pumpkins fall. Girl,
Speaker 1: those pumpkins getting the last twenty four hours before my
Speaker 1: ghetto hood.
Speaker 2: Squirrels they.
Speaker 3: Were they jack o lanterns or like full pumpkins.
Speaker 2: No whole pumpkins.
Speaker 1: Literally, Superman came back, was like, did you buy them
Speaker 1: like this? That's how quickly they tore. I was like
Speaker 1: by them, like what. And even my niece of my nephew,
Speaker 1: they came to visit. They said, Auntie, you what happened
Speaker 1: to your pumpkins? I was like, you know what? These
Speaker 1: damn squirrels. So the squirrels here in Newark. My friend
Speaker 1: was just asking. He was like, they're very aggressive here.
Speaker 1: I'm like they are They look at you dead in
Speaker 1: your face and dare you Like I was literally at
Speaker 1: the window, knocking out the window, like, get off my pumpkin.
Speaker 1: The squirrel looks at me like girl made to get
Speaker 1: a continue to eat like it ain't It ain't real
Speaker 1: unless you come out here. But and even then I
Speaker 1: was like, you know what, I don't want it because
Speaker 1: if he's not scared of this window knocking, that's the
Speaker 1: type that jumps in the house and scares you in here.
Speaker 2: So yeah, that was just.
Speaker 1: My that you can't have anything good with these damn
Speaker 1: squirrels eating your pumpkins. I was wondering what my neighbor
Speaker 1: was doing because they had some pumpkins like on on
Speaker 1: on like these garbage bags and they were like spraying them,
Speaker 1: and she was she lacking them.
Speaker 2: She's like I learned my lesson. I was like, ah,
Speaker 2: next year, next.
Speaker 3: Lacking your pumpkins, you be the most suburban thing I've
Speaker 3: ever heard of my entire life. So I was like, oh,
Speaker 3: these pumpkins.
Speaker 1: Yeah, she's bought some spray from home depot that basically,
Speaker 1: like you know, puts like a coating over there. So
Speaker 1: I said, I'm on pumpkin watch for hers, and if if,
Speaker 1: if you know, if they live, I'm going to I'm
Speaker 1: going to invest in that.
Speaker 2: Next year.
Speaker 3: You must say, damn, lil tasty pumpkins. My squirrels have
Speaker 3: not been bothering my stupid Really.
Speaker 2: No, these girls around here are.
Speaker 1: I was gonna say they're animals, but they literally are animals,
Speaker 1: but they're disrespectful animals.
Speaker 2: So that's my fun little boost, my fun little break.
Speaker 3: Actually about eat them my bonus. Since we're talking kind
Speaker 3: of about Halloween, hocus Pocus three or sorry, hocus Pocus
Speaker 3: to the sequel is like a done is happening. I
Speaker 3: just thought I would p s a that also sister
Speaker 3: Act three is happening, So shout out to Our Youth
Speaker 3: and two sequels that we actually do want and asked for.
Speaker 1: She I love sister, I love both one and two
Speaker 1: and Lauren Hill, Oh my gosh, sister I two was everything.
Speaker 2: I mean, who did not sing those songs?
Speaker 1: Sister?
Speaker 3: Direct that I saw that one first, I mean that
Speaker 3: was the second one. Yeah. I wanted to be one
Speaker 3: of those kids in that school. I have no talent
Speaker 3: for dance or song, but I wanted to be like
Speaker 3: an account.
Speaker 1: Why joyful joy Oh my goodness, I love it. I
Speaker 1: just felt like Lauren Hill's mom was so unfair. She
Speaker 1: just wants to be a singer. Yeah, if you haven't
Speaker 1: watched it, go ahead and watch.
Speaker 3: It's amazing and then watch Lizzo is what was it
Speaker 3: like the VMA performance when she patricks a amazing Okay, jinks?
Speaker 3: I mean, so, I think it's on Disney Plus so
Speaker 3: you can go catch up on your sister X. I
Speaker 3: don't know where hocus Pocus is probably also on Disney Plus.
Speaker 3: Let's be real, but yeah, I think I think we'll
Speaker 3: call it a show, Tiff, what do you think?
Speaker 2: Yes, I agree, it's been a great show as per huge.
Speaker 3: Per huge, All right, my husband hasn't come knocking because
Speaker 3: I made meat loaf and potatoes before I came to record,
Speaker 3: so I think I bought myself some time. He's happy,
Speaker 3: all right. Well, thank y'all again for sticking with us,
Speaker 3: and you will see y'all next week.
Speaker 2: Next week, and follow us on Instagram. We like Instagram.
Speaker 3: Followers, Yeah, follow us. We're at Branna Vission Podcast. Tiffany
Speaker 3: is at the Budgetista. If you don't follow her, then
Speaker 3: I'm shocked already. And you can find me at Mandy Money,
Speaker 3: Mandy with an Eye.
Speaker 2: I just will say, Mandy with an eye. Don't forget
Speaker 2: that
Speaker 3: Eye man, I money, all right, y'all, see you later