1 00:00:01,320 --> 00:00:04,440 Speaker 1: Hi, Welcome to Money Making Conversation. I am your host, 2 00:00:04,559 --> 00:00:08,119 Speaker 1: Rashan McDonald. I recognized that we all have different definitions 3 00:00:08,119 --> 00:00:12,080 Speaker 1: of success. For some exercisable paycheck. Mine is helping people 4 00:00:12,119 --> 00:00:14,680 Speaker 1: wake up and inspiring them to accomplish their goals and 5 00:00:14,720 --> 00:00:17,439 Speaker 1: live their very best life. That's it. These are my 6 00:00:17,480 --> 00:00:19,239 Speaker 1: passions and that's what I'm going to do for you 7 00:00:19,280 --> 00:00:21,799 Speaker 1: when you listen to the interviews that I bring on 8 00:00:21,880 --> 00:00:24,439 Speaker 1: my show, Money Making Conversations, I want you to stop 9 00:00:24,480 --> 00:00:27,880 Speaker 1: tripping over small challenges really and prepared to rise above 10 00:00:27,920 --> 00:00:30,200 Speaker 1: the bigger obstacles that life will present to you that 11 00:00:30,280 --> 00:00:32,760 Speaker 1: you know nothing about. So if you're always sitting around 12 00:00:32,800 --> 00:00:35,160 Speaker 1: worried about the little things, the big scenes would really 13 00:00:35,680 --> 00:00:37,600 Speaker 1: really be the things that you have not prepared to 14 00:00:37,680 --> 00:00:41,240 Speaker 1: deliver or overcome. And we're all gonna have over moments 15 00:00:41,280 --> 00:00:43,440 Speaker 1: of what we have to overcome something that we didn't 16 00:00:43,440 --> 00:00:46,600 Speaker 1: prepare for it. So Money Making Conversations about that. My 17 00:00:46,680 --> 00:00:50,800 Speaker 1: next guest, Ronicia Howardton, were several hats in the entrepreneur 18 00:00:50,920 --> 00:00:54,279 Speaker 1: lifestyle space. She currently serves as owner and CEO of 19 00:00:54,360 --> 00:00:58,480 Speaker 1: Critic Medics LLC. She's co founder or Go Get Crown 20 00:00:58,720 --> 00:01:02,400 Speaker 1: nonprofit organization for women empowerment and co owner of get 21 00:01:02,400 --> 00:01:06,240 Speaker 1: Well Urgent Care Medical Facility. Come from a poverty strick 22 00:01:06,280 --> 00:01:09,360 Speaker 1: in neighborhood and have an escaped the statistics. Howardton has 23 00:01:09,360 --> 00:01:12,560 Speaker 1: found her purpose and passion which is encouraging others and 24 00:01:12,600 --> 00:01:15,720 Speaker 1: helping them to reach their fullest potential and cheering them 25 00:01:15,760 --> 00:01:19,199 Speaker 1: on to the finish line. Please walking to Money Making Conversation, 26 00:01:19,760 --> 00:01:25,000 Speaker 1: Ransha Howardtons, good morning, good morning, thank you, thank you, 27 00:01:25,040 --> 00:01:26,920 Speaker 1: thank you so much. Well. First of all, you know 28 00:01:27,400 --> 00:01:28,840 Speaker 1: when I when I hear the word thank you for 29 00:01:28,840 --> 00:01:31,760 Speaker 1: coming on the show Money Making Conversation. Uh. I appreciate 30 00:01:31,800 --> 00:01:34,360 Speaker 1: all guests who will take the time to deliver nuggets 31 00:01:34,440 --> 00:01:38,920 Speaker 1: or inspirational information or define information that you can use 32 00:01:39,120 --> 00:01:42,280 Speaker 1: to make themselves successful. Because I have women dominate my 33 00:01:42,360 --> 00:01:45,559 Speaker 1: listenership by sixty percent of my audience. Women. Uh. Eighty 34 00:01:45,600 --> 00:01:48,240 Speaker 1: percent of my audience is under the age of forty four, 35 00:01:48,800 --> 00:01:51,960 Speaker 1: and so that means that they have an entrepreneurial mindset 36 00:01:52,360 --> 00:01:54,480 Speaker 1: and they want to They wanted information that will help 37 00:01:54,520 --> 00:01:58,600 Speaker 1: them win. Why did you look? I mentioned three organizations 38 00:01:58,640 --> 00:02:02,040 Speaker 1: in your credit Let's start out credit Medics and in 39 00:02:02,120 --> 00:02:07,000 Speaker 1: the middle of pandemic and financial Uh, the average person 40 00:02:07,120 --> 00:02:12,480 Speaker 1: financial situation isn't disarrayed. Does credit medics help them or 41 00:02:12,880 --> 00:02:15,400 Speaker 1: can be a role to play they try to get 42 00:02:15,440 --> 00:02:20,400 Speaker 1: them through this. Uh, these difficult times well exsolutely before 43 00:02:20,480 --> 00:02:24,079 Speaker 1: the pandemic we have, we have really changed thousands and 44 00:02:24,200 --> 00:02:28,880 Speaker 1: thousands of our clients lives by just educating them or 45 00:02:28,960 --> 00:02:32,760 Speaker 1: financial literacy. You'll be surprised, you know, I come from 46 00:02:32,800 --> 00:02:36,560 Speaker 1: you know, an urban community, and you'd be surprised how 47 00:02:36,560 --> 00:02:39,519 Speaker 1: many of us are never taught about credit. America is 48 00:02:39,600 --> 00:02:43,640 Speaker 1: laying on credit and at these times, you you literally 49 00:02:43,720 --> 00:02:46,560 Speaker 1: can use credit to survive. You know, if you got 50 00:02:46,600 --> 00:02:50,040 Speaker 1: laid off, if you know they cut back in your hours, 51 00:02:50,280 --> 00:02:52,720 Speaker 1: there are lines of credit that you would have access 52 00:02:52,800 --> 00:02:56,079 Speaker 1: to if you were able to qualify for these lines 53 00:02:56,120 --> 00:02:58,440 Speaker 1: of credit. You could use these lines of credit to 54 00:02:58,600 --> 00:03:03,080 Speaker 1: survive until your income picks steck up and debates have 55 00:03:03,280 --> 00:03:06,480 Speaker 1: given me personally, on my on my personal line, I 56 00:03:06,560 --> 00:03:10,280 Speaker 1: have twenty five dollars um as the next on my 57 00:03:10,360 --> 00:03:13,040 Speaker 1: line personally, and I have a few of those. So 58 00:03:13,240 --> 00:03:15,200 Speaker 1: if I was to follow on hard times, that could 59 00:03:15,240 --> 00:03:17,800 Speaker 1: carry me until I can figure it out, until I 60 00:03:17,840 --> 00:03:20,560 Speaker 1: create could create another strainline at income or just to 61 00:03:20,639 --> 00:03:24,200 Speaker 1: be able to survive. So credit is super duper important 62 00:03:24,440 --> 00:03:27,480 Speaker 1: to be able to leverage, to be able to leverage, 63 00:03:27,560 --> 00:03:30,160 Speaker 1: not just even during these times, you know, to be 64 00:03:30,240 --> 00:03:33,240 Speaker 1: able to leverage to create generational wealth for you and 65 00:03:33,320 --> 00:03:36,600 Speaker 1: your children. So it's very important and credit metics has 66 00:03:36,680 --> 00:03:40,320 Speaker 1: assisted thousands and thousands of clients. I'm talking about home ownership, 67 00:03:40,360 --> 00:03:43,160 Speaker 1: I'm talking about personal credit. I'm talking about business credit. 68 00:03:43,200 --> 00:03:47,360 Speaker 1: I'm talking about establishing new businesses. I'm talking about expansion. 69 00:03:47,680 --> 00:03:50,520 Speaker 1: All of that we know. Thank you for the energy 70 00:03:50,560 --> 00:03:53,280 Speaker 1: and thank you for the points um about credit and 71 00:03:53,320 --> 00:03:56,640 Speaker 1: about your credit score? When need credit? When did that? 72 00:03:56,840 --> 00:03:59,240 Speaker 1: When I in your bio? Can you when when I 73 00:03:59,400 --> 00:04:02,960 Speaker 1: when I read the statement poverty stricken neighborhood, what is that? 74 00:04:03,280 --> 00:04:05,280 Speaker 1: What is that type of environment? And how long did 75 00:04:05,320 --> 00:04:08,040 Speaker 1: you live in that? And how did that motivate you 76 00:04:08,200 --> 00:04:11,119 Speaker 1: to who you are today that's coming in and being 77 00:04:11,200 --> 00:04:15,400 Speaker 1: raised in that type of environment. So honestly, when I 78 00:04:15,400 --> 00:04:18,080 Speaker 1: say poverty stricken, I was raising what we were called 79 00:04:18,080 --> 00:04:21,000 Speaker 1: the hood. You know a lot of inner city urban 80 00:04:21,040 --> 00:04:23,719 Speaker 1: communities are you know, called the hood. We're living in poverty, 81 00:04:23,839 --> 00:04:27,080 Speaker 1: very low income, you know, lack of education, a lot 82 00:04:27,120 --> 00:04:29,400 Speaker 1: of the things that I have seen I should not 83 00:04:29,480 --> 00:04:31,640 Speaker 1: have seen as a child. But I never used that 84 00:04:31,680 --> 00:04:34,960 Speaker 1: as a crutch. I never used that as um a 85 00:04:35,080 --> 00:04:38,200 Speaker 1: source of discouragement for me. I used that as encouragement 86 00:04:38,279 --> 00:04:40,920 Speaker 1: for me. I used that as an example of I 87 00:04:40,960 --> 00:04:43,440 Speaker 1: did not want to be like that, and I knew 88 00:04:43,520 --> 00:04:46,760 Speaker 1: as a child, um. The fortunate part of my childhood 89 00:04:46,880 --> 00:04:51,000 Speaker 1: was I was able to travel a lot and my 90 00:04:51,000 --> 00:04:53,719 Speaker 1: my dad who raised me, because I was raising a 91 00:04:53,720 --> 00:04:55,880 Speaker 1: single parent. How I'm told and usually you hear, you know, 92 00:04:56,160 --> 00:04:58,520 Speaker 1: the mother was the single mind, but it was my dad, 93 00:04:59,080 --> 00:05:01,640 Speaker 1: and we didn't have a lot of money. But my 94 00:05:01,720 --> 00:05:05,120 Speaker 1: dad saw the importance of connecting us with people who 95 00:05:05,160 --> 00:05:08,680 Speaker 1: could offer resources that he could not, So we traveled 96 00:05:08,800 --> 00:05:11,560 Speaker 1: a lot, and me being able to travel outside of 97 00:05:11,560 --> 00:05:14,400 Speaker 1: that environment, I was able to see that, hey, life 98 00:05:14,480 --> 00:05:17,359 Speaker 1: is bigger than this. Life is bigger than living in 99 00:05:17,400 --> 00:05:20,600 Speaker 1: poverty and being content with being poor and not being 100 00:05:20,640 --> 00:05:23,640 Speaker 1: able to have access the resources and not being able 101 00:05:23,760 --> 00:05:26,800 Speaker 1: to live a great life. Growing up. Excuse my friend, 102 00:05:27,040 --> 00:05:29,520 Speaker 1: I saw a lot of rich white people on TV. 103 00:05:30,120 --> 00:05:32,880 Speaker 1: But when I begin to travel, I saw that white 104 00:05:32,880 --> 00:05:35,680 Speaker 1: people weren't the only people that were able to be successful. 105 00:05:36,120 --> 00:05:39,000 Speaker 1: Black people could be too, So that for me was 106 00:05:39,080 --> 00:05:42,359 Speaker 1: an eye opener, and that for me challenged me to 107 00:05:42,480 --> 00:05:46,760 Speaker 1: think bigger. You know, um, first of all, what you're 108 00:05:46,800 --> 00:05:50,320 Speaker 1: sending absolutely correct is about getting out and seeing a 109 00:05:50,360 --> 00:05:53,600 Speaker 1: bigger world because when you re reports and I I've 110 00:05:53,640 --> 00:05:55,320 Speaker 1: been able to do a lot of social work and 111 00:05:55,360 --> 00:05:59,520 Speaker 1: a lot of environmental My minor is in sociology, and 112 00:05:59,640 --> 00:06:01,800 Speaker 1: uh lot of black people within the inner city. I 113 00:06:01,800 --> 00:06:03,840 Speaker 1: grew up in inner city fear forard if it's just 114 00:06:03,960 --> 00:06:05,920 Speaker 1: used in Texas, so I know exactly when you say 115 00:06:05,960 --> 00:06:08,119 Speaker 1: the hood. I was born and raised in the hood. 116 00:06:08,320 --> 00:06:11,800 Speaker 1: Fear forward, and so and so are the average Black 117 00:06:11,800 --> 00:06:14,160 Speaker 1: person who lives in the environment don't really get out 118 00:06:14,200 --> 00:06:18,200 Speaker 1: of that environment. In fact, they live, they and they 119 00:06:18,279 --> 00:06:20,359 Speaker 1: work or if they want to call it work, and 120 00:06:20,360 --> 00:06:22,800 Speaker 1: they can die in that community and never know there's 121 00:06:22,800 --> 00:06:25,960 Speaker 1: a downtown, never know there are other layers of life 122 00:06:25,960 --> 00:06:28,600 Speaker 1: outside their movie theaters. They can go to their restaurants, 123 00:06:28,600 --> 00:06:31,880 Speaker 1: they can they can participate in a fine dining and 124 00:06:31,920 --> 00:06:33,800 Speaker 1: all these things because of the fact they've never been 125 00:06:33,839 --> 00:06:36,920 Speaker 1: exposed to that. And I really, I really like when 126 00:06:36,960 --> 00:06:38,600 Speaker 1: you said that because a lot of people they take 127 00:06:38,640 --> 00:06:41,440 Speaker 1: that for granted, who have been exposed. They think that's normal, 128 00:06:41,760 --> 00:06:43,719 Speaker 1: and it's not normal in the inner city. It's not 129 00:06:43,760 --> 00:06:49,000 Speaker 1: normally at all. Right, That exposure is so important, you know, 130 00:06:49,320 --> 00:06:51,479 Speaker 1: because you're only going to go as far as you 131 00:06:51,600 --> 00:06:54,280 Speaker 1: think you can go or see yourself going. So when 132 00:06:54,320 --> 00:06:56,919 Speaker 1: you see other people. That's why a lot of people, 133 00:06:57,080 --> 00:06:59,000 Speaker 1: you know, speak down about social media. But one of 134 00:06:59,000 --> 00:07:01,440 Speaker 1: the things I like about it is it gives us, 135 00:07:01,600 --> 00:07:03,479 Speaker 1: gives us a lot of access to see a lot 136 00:07:03,480 --> 00:07:09,200 Speaker 1: of young black people when right believable and it's believable. 137 00:07:09,480 --> 00:07:11,240 Speaker 1: So if you look like me and I and I 138 00:07:11,280 --> 00:07:13,120 Speaker 1: looked like you, and you're saying, hey, I came from 139 00:07:13,120 --> 00:07:15,440 Speaker 1: the hood, and I see you doing really well. You're 140 00:07:15,480 --> 00:07:18,680 Speaker 1: running your successful break on business, and you're you're living 141 00:07:18,720 --> 00:07:21,320 Speaker 1: a beautiful home and your children, you're raising your children, 142 00:07:21,560 --> 00:07:24,000 Speaker 1: you know more with moral world by use and you 143 00:07:24,040 --> 00:07:26,800 Speaker 1: know to be good, upstanding citizens. And I see driving 144 00:07:26,920 --> 00:07:29,280 Speaker 1: nice cards and you're traveling the world. That will be 145 00:07:29,320 --> 00:07:32,520 Speaker 1: inspiring to me, and most importantly, it would make me 146 00:07:32,600 --> 00:07:35,880 Speaker 1: realize that I can obtain that too. And that is 147 00:07:35,920 --> 00:07:38,800 Speaker 1: so true. I always tell people I love having an 148 00:07:38,520 --> 00:07:41,400 Speaker 1: individual like you who talk about credit. And I tell 149 00:07:41,440 --> 00:07:44,960 Speaker 1: people now, when I was eighteen years old, Ms. Howardton. 150 00:07:45,120 --> 00:07:48,960 Speaker 1: For some reason, I understood I had to have good credit. 151 00:07:49,000 --> 00:07:51,920 Speaker 1: I was I wanted to protect my credit. I wanted credit. 152 00:07:51,960 --> 00:07:55,320 Speaker 1: When somebody told me the credit establishes you a better 153 00:07:55,360 --> 00:07:57,560 Speaker 1: life for you, I knew that. Okay, I'm gonna get 154 00:07:57,560 --> 00:08:01,320 Speaker 1: good credit. I got. I got my Mark that closed, 155 00:08:01,320 --> 00:08:03,840 Speaker 1: and I had my Mortgomery Rewards card back then, my 156 00:08:03,960 --> 00:08:07,400 Speaker 1: Serious card back then. Then I finally upgrade and got 157 00:08:07,400 --> 00:08:14,720 Speaker 1: my my American Spressed Green card. I would this, I 158 00:08:14,720 --> 00:08:17,480 Speaker 1: would think this. That Serious card back in the day 159 00:08:17,840 --> 00:08:20,040 Speaker 1: was bigger than the Americans Spress back in the day. 160 00:08:20,040 --> 00:08:23,480 Speaker 1: Because you got your serious car, you were you were 161 00:08:23,520 --> 00:08:25,400 Speaker 1: the bar right there. So when I got that Serious card, 162 00:08:25,440 --> 00:08:27,400 Speaker 1: I knew my credit was headed in the right direction. 163 00:08:27,640 --> 00:08:30,960 Speaker 1: What age were you when you realize the importance of credit, 164 00:08:32,400 --> 00:08:34,760 Speaker 1: you you want to hear something funny. So I told you. 165 00:08:34,800 --> 00:08:38,080 Speaker 1: I was raised by my dad. My dad was horrible 166 00:08:38,200 --> 00:08:41,640 Speaker 1: with bills, horrible. I don't remember coming home. Let's just 167 00:08:41,720 --> 00:08:44,120 Speaker 1: cut off. I'm like, dad, wait minute, I flicked the sweat. 168 00:08:44,200 --> 00:08:46,560 Speaker 1: Now we ain't got no electric come here. But it 169 00:08:46,640 --> 00:08:50,720 Speaker 1: was because he just wasn't um, He wasn't conscious of 170 00:08:50,800 --> 00:08:53,560 Speaker 1: just making payments for a time, and it was sometimes 171 00:08:53,600 --> 00:08:56,000 Speaker 1: we didn't have it, and you know, he did what 172 00:08:56,040 --> 00:08:57,199 Speaker 1: he had to do to make it work. But then 173 00:08:57,200 --> 00:08:59,120 Speaker 1: it was times when he did have it and he 174 00:08:59,240 --> 00:09:02,040 Speaker 1: just would forget it. So I didn't learn that from 175 00:09:02,080 --> 00:09:05,320 Speaker 1: my dad. I remember when I turned eight team and 176 00:09:05,360 --> 00:09:08,080 Speaker 1: a lot of we were graduating high school and a 177 00:09:08,080 --> 00:09:10,679 Speaker 1: lot of my friends were going to get store cards 178 00:09:10,679 --> 00:09:12,920 Speaker 1: because they were so easy to get. So they were 179 00:09:12,920 --> 00:09:16,920 Speaker 1: getting like structure and Dad and um expressing all these cards, 180 00:09:17,000 --> 00:09:20,840 Speaker 1: and I remember us going shopping and them just you melt, 181 00:09:20,920 --> 00:09:23,120 Speaker 1: maxing the card out, and I would be very, very 182 00:09:23,200 --> 00:09:25,559 Speaker 1: very conscious, like, oh no, I don't want to get 183 00:09:25,600 --> 00:09:27,679 Speaker 1: too much because I don't wanna I don't want to 184 00:09:27,840 --> 00:09:30,800 Speaker 1: not be able to afford the payments. So I was 185 00:09:30,880 --> 00:09:33,680 Speaker 1: already thinking like that. I don't know where it came from, 186 00:09:33,760 --> 00:09:37,480 Speaker 1: but I was already responsible was my finances at eight Team. 187 00:09:37,520 --> 00:09:41,120 Speaker 1: So now when my friends those accounts want into collection status, 188 00:09:41,440 --> 00:09:44,720 Speaker 1: I continue to build. And I continued to build, and 189 00:09:45,040 --> 00:09:48,240 Speaker 1: at the age of twenty one, my dad gifted me 190 00:09:48,280 --> 00:09:51,199 Speaker 1: a duplex. So I had a duplex at twenty one 191 00:09:51,400 --> 00:09:53,800 Speaker 1: where I lived in one unit, and then I've rented 192 00:09:53,840 --> 00:09:56,319 Speaker 1: the other unit out, and then when I moved from there, 193 00:09:56,720 --> 00:09:59,400 Speaker 1: both units were rented out and it became a source 194 00:09:59,440 --> 00:10:02,439 Speaker 1: of income for me. But I always looked at finances 195 00:10:02,480 --> 00:10:05,400 Speaker 1: and money and credit differently, and it wasn't even I 196 00:10:05,400 --> 00:10:09,280 Speaker 1: guess that just what self taught. It was so important 197 00:10:09,360 --> 00:10:11,880 Speaker 1: to get that at that age, it really was. I'm 198 00:10:11,920 --> 00:10:15,600 Speaker 1: talking to Rhodesia Howardton. She's the owner and founder of 199 00:10:15,640 --> 00:10:18,760 Speaker 1: Credit Medics, LLC, which is a leading national credit and 200 00:10:18,800 --> 00:10:22,520 Speaker 1: business count consulting firm located in Philadelphia, p A. This 201 00:10:22,600 --> 00:10:25,400 Speaker 1: is one of two comp three companies I'm gonna talk 202 00:10:25,440 --> 00:10:27,360 Speaker 1: to her about. But I wanted to expand on this 203 00:10:27,400 --> 00:10:29,600 Speaker 1: because we, like she said, she was doing this before 204 00:10:29,600 --> 00:10:32,560 Speaker 1: the pandemic, and it wasn't something that she just started 205 00:10:32,640 --> 00:10:35,440 Speaker 1: last week. And she's been changing lives and improving credit 206 00:10:35,520 --> 00:10:38,400 Speaker 1: scores and making people understand the value of credit and 207 00:10:38,400 --> 00:10:40,760 Speaker 1: why credit is so important to you. But we are 208 00:10:40,800 --> 00:10:43,160 Speaker 1: in the middle of the pandemic and people's credit scores 209 00:10:43,200 --> 00:10:45,720 Speaker 1: are being damaged, and like you said, your dad he 210 00:10:45,760 --> 00:10:49,520 Speaker 1: didn't understand the value what that meant to his credit score, 211 00:10:49,640 --> 00:10:51,480 Speaker 1: but it didn't stop him from being successful. It made 212 00:10:51,480 --> 00:10:53,839 Speaker 1: me just a little bit more harder. How serious should 213 00:10:53,840 --> 00:10:57,400 Speaker 1: you take your credit scores? You should take your credit 214 00:10:57,400 --> 00:11:01,560 Speaker 1: score is very serious. Any um credit or any line 215 00:11:01,559 --> 00:11:04,240 Speaker 1: of credit that you are trying to apply for to 216 00:11:04,360 --> 00:11:09,640 Speaker 1: get an approval, they are going to review your credit scores. 217 00:11:09,720 --> 00:11:12,560 Speaker 1: They're going to inquire about you, which is what we 218 00:11:12,640 --> 00:11:15,240 Speaker 1: call an inquiry. So anytime you apply for a line 219 00:11:15,240 --> 00:11:18,679 Speaker 1: of credit, whatever that whoever that creditor is, they are 220 00:11:18,679 --> 00:11:21,960 Speaker 1: going to inquire about you. What you need to understand, 221 00:11:21,960 --> 00:11:25,640 Speaker 1: and it's simplest form is your credit scores and your 222 00:11:25,679 --> 00:11:29,480 Speaker 1: credit report is your financial portfolio. So that is either 223 00:11:29,520 --> 00:11:32,680 Speaker 1: gonna tell a creditor creditor one that you are credit 224 00:11:32,679 --> 00:11:34,960 Speaker 1: worthy and trustworthy enough for me to go ahead and 225 00:11:35,040 --> 00:11:38,679 Speaker 1: lend you this credit based off of your existing payment history. 226 00:11:39,080 --> 00:11:41,440 Speaker 1: So if you already have debt, and what do we 227 00:11:41,600 --> 00:11:44,160 Speaker 1: call debt your card now, okay, if you have a cardinal, 228 00:11:44,240 --> 00:11:47,199 Speaker 1: you have student loans, debt, if you have a mortgage, um, 229 00:11:47,240 --> 00:11:49,360 Speaker 1: if you have personal loans, whatever the case may be. 230 00:11:49,440 --> 00:11:52,360 Speaker 1: If you have credit cards, if you are currently late 231 00:11:52,679 --> 00:11:56,079 Speaker 1: on your existing debt, and a creditor goes to pull 232 00:11:56,120 --> 00:11:59,080 Speaker 1: your credit and they see that, why would they want 233 00:11:59,120 --> 00:12:01,920 Speaker 1: to lend you new that they will not. So it's 234 00:12:01,960 --> 00:12:04,880 Speaker 1: so important because that's going to determine if you get 235 00:12:04,880 --> 00:12:08,360 Speaker 1: approved in that based off of your existing payment history. 236 00:12:08,640 --> 00:12:11,480 Speaker 1: And the other thing would be your credit utilization, which 237 00:12:11,480 --> 00:12:14,320 Speaker 1: pertains to revolving credit. So you know you mentioned early 238 00:12:14,640 --> 00:12:18,400 Speaker 1: Seers series cards, so Scarce card would would be considered 239 00:12:18,440 --> 00:12:21,040 Speaker 1: as a revolving credit card. As a retail card go 240 00:12:21,240 --> 00:12:25,199 Speaker 1: On Dells may seez wal Mart Target, those are considered 241 00:12:25,240 --> 00:12:28,120 Speaker 1: as revolving retail store cards. And then you have your 242 00:12:28,160 --> 00:12:31,920 Speaker 1: major credit cards American Expressed master Card, Visa Discover, which 243 00:12:31,960 --> 00:12:35,920 Speaker 1: is another form of revolving credit. You don't want to 244 00:12:36,120 --> 00:12:40,199 Speaker 1: have large balances on these credit cards. You should only 245 00:12:40,240 --> 00:12:44,840 Speaker 1: be using thirty percent at max of your credit list. 246 00:12:45,559 --> 00:12:48,880 Speaker 1: When you see that, you're going to see a drastic 247 00:12:48,920 --> 00:12:52,199 Speaker 1: decline in your scores. So that's another thing that lenders 248 00:12:52,240 --> 00:12:54,760 Speaker 1: look at to determine if they feel like they can 249 00:12:54,760 --> 00:12:58,520 Speaker 1: trust you. So just imagine if you have a friend, Okay, 250 00:12:58,520 --> 00:13:03,679 Speaker 1: well let's say Russian, I said that correctly, Shine, Ra Shane, 251 00:13:04,040 --> 00:13:07,600 Speaker 1: Ra Shane. If you lent me money, right you say, okay, 252 00:13:07,640 --> 00:13:09,400 Speaker 1: I come to you say, or Shane, can I borrow 253 00:13:09,640 --> 00:13:11,719 Speaker 1: you know, a hundred dollars until next month and I'm 254 00:13:11,720 --> 00:13:13,840 Speaker 1: gonna pay you back, And you say, you know what ronis, 255 00:13:13,880 --> 00:13:15,520 Speaker 1: You're shure I'm gonna give it to you. So then 256 00:13:15,559 --> 00:13:17,480 Speaker 1: I borrow the money from you. Next month comes, you 257 00:13:17,520 --> 00:13:20,199 Speaker 1: don't hear from me, right, So then another month go, 258 00:13:20,640 --> 00:13:22,559 Speaker 1: you don't hear from me. So now you start to 259 00:13:22,559 --> 00:13:24,719 Speaker 1: get word. You say, listen out of gay right needs 260 00:13:24,760 --> 00:13:27,000 Speaker 1: your money off a good faith and she's supposed to 261 00:13:27,160 --> 00:13:29,840 Speaker 1: She's supposed to give me my money back. So now 262 00:13:30,080 --> 00:13:33,319 Speaker 1: our our friends showing who is also you know, a 263 00:13:33,400 --> 00:13:36,440 Speaker 1: mutual friend. I go to him and I say, showing Sun, 264 00:13:36,520 --> 00:13:39,040 Speaker 1: I borrow a hundred dollars till next month. And Shan 265 00:13:39,200 --> 00:13:41,880 Speaker 1: is like, you know what, I remember Rashan telling me 266 00:13:42,080 --> 00:13:44,319 Speaker 1: that ra needsh you brow money. Let me go ask him. 267 00:13:44,520 --> 00:13:46,520 Speaker 1: And Sean comes to ask you, Hey, ro need shall 268 00:13:46,600 --> 00:13:48,240 Speaker 1: to tell you many? You say, man, don't you learn 269 00:13:48,320 --> 00:13:50,440 Speaker 1: round needs you no money? I gotta wait three months. 270 00:13:50,480 --> 00:13:53,200 Speaker 1: I ain't gotta dime yet. So that's the same way 271 00:13:53,240 --> 00:13:57,199 Speaker 1: that a lender looks at your payment habit and your 272 00:13:57,280 --> 00:14:01,200 Speaker 1: utilization habit to determine if they're were likely to get 273 00:14:01,200 --> 00:14:03,920 Speaker 1: paid back or less likely. You know, I I love 274 00:14:03,960 --> 00:14:06,160 Speaker 1: it because that is a straight street talk right there, 275 00:14:06,200 --> 00:14:08,440 Speaker 1: that street talk one on one, that street talk one 276 00:14:08,480 --> 00:14:11,080 Speaker 1: on one right there. You know, you know, and don't 277 00:14:11,080 --> 00:14:14,040 Speaker 1: and don't show up and don't show up, and she 278 00:14:14,120 --> 00:14:25,160 Speaker 1: got some new shoes on. Don't show up. Some seafood, 279 00:14:25,240 --> 00:14:32,160 Speaker 1: eat some seafood. That man come, yeah, you know you 280 00:14:33,240 --> 00:14:36,360 Speaker 1: got some strip on your plate, you know, a polar strip, 281 00:14:36,400 --> 00:14:38,120 Speaker 1: and you owe me a hundred dollars. Don't do that 282 00:14:38,160 --> 00:14:41,120 Speaker 1: to me because I love that you would. I wouldn't 283 00:14:41,120 --> 00:14:42,960 Speaker 1: love that you were natural. That's what you're so successful, 284 00:14:43,000 --> 00:14:44,760 Speaker 1: because sometimes you got to talk to people in the 285 00:14:44,880 --> 00:14:47,800 Speaker 1: natural form so they can understand what you have to speak. 286 00:14:48,760 --> 00:14:52,000 Speaker 1: And that's what I do. I speak the language of 287 00:14:52,080 --> 00:14:54,920 Speaker 1: my people, yes, and break it down as simple as 288 00:14:54,960 --> 00:14:58,120 Speaker 1: I can. Well, okay now everything no, not right now. 289 00:14:58,160 --> 00:15:01,120 Speaker 1: Our people they're struggling and doing this pandemic. And then 290 00:15:01,400 --> 00:15:05,120 Speaker 1: you know the credit scores being damaged, and we we 291 00:15:05,200 --> 00:15:07,760 Speaker 1: all know when you hear that word thirty percent. And 292 00:15:07,840 --> 00:15:10,480 Speaker 1: sometimes I suggest people take a cash advance and you 293 00:15:10,720 --> 00:15:13,000 Speaker 1: part of that cancer advance to make your miniment monthly 294 00:15:13,040 --> 00:15:16,320 Speaker 1: payments so your cred score don't go messed up. I 295 00:15:16,360 --> 00:15:19,000 Speaker 1: tell you put yourself on automatic payment on the minimum 296 00:15:19,000 --> 00:15:22,360 Speaker 1: of my mouth. Okay, and that way you you part 297 00:15:22,400 --> 00:15:24,920 Speaker 1: of that advantage that you took, said it aside. So 298 00:15:25,040 --> 00:15:27,800 Speaker 1: you make those minimum month payments during this pandemic. Run 299 00:15:28,040 --> 00:15:31,600 Speaker 1: that with your credit scores like you you agree with you, 300 00:15:31,600 --> 00:15:34,240 Speaker 1: you cannot allow your credit score to get damaged. It 301 00:15:34,320 --> 00:15:37,680 Speaker 1: get damaged. You just you just defaulted into a worse 302 00:15:37,720 --> 00:15:41,760 Speaker 1: situation for yourself. But how can these people survive? And 303 00:15:41,840 --> 00:15:45,240 Speaker 1: when I say this, people of color, minorities, you know, 304 00:15:45,280 --> 00:15:48,200 Speaker 1: people who are already struggling. And you know, the first 305 00:15:48,200 --> 00:15:49,520 Speaker 1: of all, they gave us the twel hunt and all 306 00:15:49,600 --> 00:15:51,880 Speaker 1: stimulus check, and then they gave us a six dollar 307 00:15:51,960 --> 00:15:55,200 Speaker 1: weekly checked that into July thirty one. And now that 308 00:15:55,520 --> 00:15:59,160 Speaker 1: they told us that the CDC can suspend evictions. But 309 00:15:59,200 --> 00:16:01,280 Speaker 1: then at the end of the year, you owe that 310 00:16:01,360 --> 00:16:03,600 Speaker 1: money for the wrench you didn't pay. How can we 311 00:16:03,640 --> 00:16:08,120 Speaker 1: get around you? Imagine getting caught up after you already 312 00:16:08,120 --> 00:16:10,960 Speaker 1: behind and you don't have no one come now, how 313 00:16:11,000 --> 00:16:14,800 Speaker 1: crazy is that? You know, I agree with what you said. 314 00:16:15,040 --> 00:16:16,760 Speaker 1: You know that cash it is. But once again that 315 00:16:16,880 --> 00:16:20,000 Speaker 1: goes back to see, here's the thing I tell people 316 00:16:20,200 --> 00:16:24,520 Speaker 1: to already be prepared. One of the things that I 317 00:16:24,560 --> 00:16:28,120 Speaker 1: have been blessed and fortunate to do is to always 318 00:16:28,120 --> 00:16:31,880 Speaker 1: stay prepared financially, because even when things are good, I 319 00:16:31,960 --> 00:16:35,520 Speaker 1: still don't go crazy. I have very great discipline with 320 00:16:35,600 --> 00:16:38,680 Speaker 1: my finances. So although I would be you know what 321 00:16:38,840 --> 00:16:42,120 Speaker 1: you would call I'm successful and I have money, I 322 00:16:42,240 --> 00:16:46,120 Speaker 1: still don't spend like I have money. I don't. And 323 00:16:46,200 --> 00:16:49,280 Speaker 1: I'm realizing that as I begin to hang around people 324 00:16:49,280 --> 00:16:52,400 Speaker 1: who are who have their finances, their finances are stable, 325 00:16:52,680 --> 00:16:56,680 Speaker 1: I'm realizing that a lot of them don't make unnecessary purchases. 326 00:16:57,160 --> 00:16:58,960 Speaker 1: So you have to be prepared. But now we're in 327 00:16:58,960 --> 00:17:02,040 Speaker 1: a situation so a lot of people, and I know 328 00:17:02,280 --> 00:17:05,520 Speaker 1: some of my associates, they have taken that twelve and 329 00:17:05,520 --> 00:17:07,960 Speaker 1: just blew it. They have taken the unepoyment checked and 330 00:17:08,040 --> 00:17:10,800 Speaker 1: I've known, I know people who have gotten ten thousand 331 00:17:10,880 --> 00:17:13,440 Speaker 1: dollars and twenty dollars and I'm like, you got that much, 332 00:17:13,800 --> 00:17:15,479 Speaker 1: I'm like, what are you gonna do with it? And 333 00:17:15,520 --> 00:17:19,480 Speaker 1: it's scoring already, But that could have helped them over it. 334 00:17:19,640 --> 00:17:22,560 Speaker 1: Just by making the minimum payment. It will hold you 335 00:17:22,640 --> 00:17:26,120 Speaker 1: over so that you won't ask any late payments reporting 336 00:17:26,560 --> 00:17:29,439 Speaker 1: that will decline your score. Your scores will drop anywhere 337 00:17:29,480 --> 00:17:33,919 Speaker 1: between thirty to seventy points from one late payment. Wow, 338 00:17:34,800 --> 00:17:39,080 Speaker 1: and ye can you tell them how those how those 339 00:17:38,880 --> 00:17:42,719 Speaker 1: those scores are reported. Uh, not trying to complicate the conversation, 340 00:17:42,840 --> 00:17:46,959 Speaker 1: but people need to know that, you know, electronically in 341 00:17:46,960 --> 00:17:50,879 Speaker 1: that world then people track you, They track you, and 342 00:17:50,920 --> 00:17:55,400 Speaker 1: they track your abe. It always amazes me Rhodesia. When 343 00:17:55,400 --> 00:17:58,600 Speaker 1: I put my credit card in and I mean like seconds, 344 00:17:58,640 --> 00:18:02,640 Speaker 1: the names seconds later it says approved. That that even today, 345 00:18:02,640 --> 00:18:05,680 Speaker 1: that boggles me gud, that the amodel of computer force 346 00:18:05,920 --> 00:18:09,480 Speaker 1: is tied to that is incredible that because I know 347 00:18:09,520 --> 00:18:12,560 Speaker 1: at the same same time, otteniously, I'm sure hundreds of 348 00:18:12,600 --> 00:18:15,280 Speaker 1: thousand people are pushing their card in that same type 349 00:18:15,280 --> 00:18:18,679 Speaker 1: of machine or card card reader and time octensionally and 350 00:18:18,680 --> 00:18:22,119 Speaker 1: it's hitting the word approved immediately. All rejection, depending on 351 00:18:22,119 --> 00:18:26,000 Speaker 1: where you are, is data. All of this is data, 352 00:18:26,520 --> 00:18:28,560 Speaker 1: and it's and it's like you said, it's tracking. Their 353 00:18:28,640 --> 00:18:32,680 Speaker 1: tracking your payments, they're tracking your utilization, and they're tracking 354 00:18:32,960 --> 00:18:34,840 Speaker 1: even down to where you live at. You know, anytime 355 00:18:34,880 --> 00:18:36,560 Speaker 1: you put on an application. I don't know if people 356 00:18:36,760 --> 00:18:39,520 Speaker 1: are aware of when you pull your credit every address 357 00:18:39,560 --> 00:18:41,879 Speaker 1: that you have lived at that you used to apply 358 00:18:42,000 --> 00:18:45,080 Speaker 1: for something shows up on your credit report. So it's 359 00:18:45,080 --> 00:18:48,199 Speaker 1: definitely attracting system. But the credit bureaus are nothing but 360 00:18:48,280 --> 00:18:51,520 Speaker 1: data companies, a billion dollar industry. They get paid to 361 00:18:51,640 --> 00:18:56,040 Speaker 1: collect data to report your behalf to then sell to 362 00:18:56,160 --> 00:19:00,640 Speaker 1: the bigger banks and financial institutions. That all it is 363 00:19:01,000 --> 00:19:03,639 Speaker 1: now one of your favorite I could say nonprofits that 364 00:19:03,680 --> 00:19:06,520 Speaker 1: you are tied to are associated with our creators called 365 00:19:07,240 --> 00:19:10,400 Speaker 1: go get crowned. Tell us about why you start that not? 366 00:19:10,600 --> 00:19:15,160 Speaker 1: I have my points about Actually, actually it's queening now 367 00:19:15,320 --> 00:19:18,280 Speaker 1: I changed it to queening. Um and I do. I 368 00:19:18,400 --> 00:19:21,560 Speaker 1: do a mentorship program for young girls between and called 369 00:19:21,640 --> 00:19:26,359 Speaker 1: Queen is called Queeny right qu e Q right Q 370 00:19:26,600 --> 00:19:29,040 Speaker 1: you E E N I n G yes. And I 371 00:19:29,119 --> 00:19:33,280 Speaker 1: also wrote a book called Queening on Amazon. So so 372 00:19:33,520 --> 00:19:38,959 Speaker 1: Queening is a non practice organization for young black women 373 00:19:39,320 --> 00:19:42,280 Speaker 1: okay from the ages of fourteen to twenty one. And 374 00:19:42,400 --> 00:19:45,399 Speaker 1: it's basically me giving them all of the life skills 375 00:19:45,480 --> 00:19:48,800 Speaker 1: that I have acquired over the years. I'm talking about, 376 00:19:49,040 --> 00:19:51,560 Speaker 1: you know, teaching them how to see money as a 377 00:19:51,640 --> 00:19:54,560 Speaker 1: tool and not as this this tangible thing to just spend, spend, 378 00:19:54,640 --> 00:19:57,720 Speaker 1: spence and spend. Teaching them how to invest I'm also 379 00:19:58,000 --> 00:20:01,280 Speaker 1: a real estate investor, and I have several female friends 380 00:20:01,359 --> 00:20:03,480 Speaker 1: that are real estate investors. I bring them in to 381 00:20:03,600 --> 00:20:05,480 Speaker 1: talk to my girl so that they can see other 382 00:20:05,760 --> 00:20:09,520 Speaker 1: young black success for women or minority women who because 383 00:20:09,520 --> 00:20:12,920 Speaker 1: we have some Latinos also who look like them and 384 00:20:13,040 --> 00:20:15,040 Speaker 1: come from communities where they come from, so they can 385 00:20:15,080 --> 00:20:18,680 Speaker 1: see the example. I also bring in my other entrepreneur 386 00:20:18,840 --> 00:20:21,359 Speaker 1: friends from different industries, so some of my girls and 387 00:20:21,440 --> 00:20:23,320 Speaker 1: the start of the program will ask them, you know 388 00:20:23,440 --> 00:20:26,000 Speaker 1: what interests you do? You have an idea of where 389 00:20:26,040 --> 00:20:28,120 Speaker 1: you want your life to go or where you seeing yourself, 390 00:20:28,480 --> 00:20:31,240 Speaker 1: where you see yourself in the next five to fifteen years. 391 00:20:31,480 --> 00:20:33,840 Speaker 1: So whatever that industry is that they choose, I try 392 00:20:33,920 --> 00:20:36,359 Speaker 1: to get somebody to come in from the industry to 393 00:20:36,800 --> 00:20:39,200 Speaker 1: um talk about their experience, the ups and downs, the 394 00:20:39,320 --> 00:20:41,879 Speaker 1: highs and the lows, and then also ask them if 395 00:20:41,920 --> 00:20:45,200 Speaker 1: they with my mentoring my girls based off of the 396 00:20:45,240 --> 00:20:47,840 Speaker 1: industry that they choose, because I feel that that's super 397 00:20:47,920 --> 00:20:51,359 Speaker 1: important to to have a mentor um. A lot of 398 00:20:51,520 --> 00:20:54,320 Speaker 1: things could be prevented a lot of trial and error 399 00:20:54,680 --> 00:20:57,159 Speaker 1: if you have a mentor who can help you and 400 00:20:57,200 --> 00:21:00,439 Speaker 1: assist you that you have access to along your journey. 401 00:21:01,480 --> 00:21:04,560 Speaker 1: I feel like that's very important. So we teach homeownership, 402 00:21:04,920 --> 00:21:07,879 Speaker 1: we talk about, you know, self esteem. We talk about 403 00:21:08,400 --> 00:21:12,680 Speaker 1: African culture and the beauty of being Africans and celebrating 404 00:21:12,720 --> 00:21:16,480 Speaker 1: our features and celebrating our culture. We talk about money management, 405 00:21:16,520 --> 00:21:18,360 Speaker 1: we talk about it. That's what we talk about, all 406 00:21:18,400 --> 00:21:21,840 Speaker 1: different types of life, things that could actually enriching, you know, 407 00:21:21,960 --> 00:21:24,440 Speaker 1: their lives. I'm tell you, Nicia, you're one of my 408 00:21:24,480 --> 00:21:29,280 Speaker 1: favorite people. You know, we you know, you know, we 409 00:21:29,400 --> 00:21:31,720 Speaker 1: we we we we We didn't connect originally on our 410 00:21:31,720 --> 00:21:33,960 Speaker 1: original set time. I would maybe she don't want to 411 00:21:33,960 --> 00:21:37,840 Speaker 1: talk to maybe maybe maybe you don't want to talk 412 00:21:37,840 --> 00:21:40,560 Speaker 1: to Rachelle mcdonalda money maker. No, no, no, you got 413 00:21:40,680 --> 00:21:43,160 Speaker 1: it going on, Queenie, come on that. You know I'm 414 00:21:43,200 --> 00:21:46,480 Speaker 1: talking about Nisha Howardtons. Okay, we've already talked about, you know, 415 00:21:46,600 --> 00:21:49,000 Speaker 1: one of the businesses which is a CEO. She's a 416 00:21:49,040 --> 00:21:52,520 Speaker 1: CEO found up Credit Medics now, the nonprofit which is mentoring. 417 00:21:52,560 --> 00:21:54,000 Speaker 1: The reason I said you one of my favorite people 418 00:21:54,000 --> 00:21:56,800 Speaker 1: because that's why I established Money Making Conversations for Metory. 419 00:21:57,320 --> 00:21:59,679 Speaker 1: Because I can't mentor a lot of people. People are 420 00:21:59,720 --> 00:22:01,720 Speaker 1: way to approaching me. So I just said, I ment 421 00:22:01,760 --> 00:22:04,040 Speaker 1: to you by providing you with free information, because that's 422 00:22:04,040 --> 00:22:06,680 Speaker 1: what happens. You can upload upload these interviews on my 423 00:22:06,800 --> 00:22:10,040 Speaker 1: YouTube channel for free, upload on my website for free. 424 00:22:10,320 --> 00:22:12,479 Speaker 1: All people have to do is just search and you can. 425 00:22:12,760 --> 00:22:15,600 Speaker 1: You can hear an incredible person like you telling them 426 00:22:15,680 --> 00:22:19,040 Speaker 1: why they have to protect their credit, tell them how 427 00:22:19,119 --> 00:22:22,000 Speaker 1: they can protect themselves. And also the other side of 428 00:22:22,040 --> 00:22:24,040 Speaker 1: the table, they can find out about you and go 429 00:22:24,160 --> 00:22:26,560 Speaker 1: to you and take advantage of your services, take advantage 430 00:22:26,600 --> 00:22:29,040 Speaker 1: of what you're trying, how you're trying to change lives 431 00:22:29,119 --> 00:22:32,360 Speaker 1: with this mentorship program and let people know the empowerment 432 00:22:32,480 --> 00:22:35,240 Speaker 1: of looking in the mirror, recognizing that they face, that 433 00:22:35,320 --> 00:22:38,439 Speaker 1: they see the color that they see. Can be successful, 434 00:22:38,720 --> 00:22:42,600 Speaker 1: is beautiful, is worth standing strong, don't let the negative 435 00:22:42,720 --> 00:22:44,800 Speaker 1: pull you down. And that's what you were saying with 436 00:22:44,920 --> 00:22:51,040 Speaker 1: the Queenian program correctly, absolutely, absolutely, And I love the 437 00:22:51,119 --> 00:22:55,080 Speaker 1: interaction with these these young women. And then so it's 438 00:22:55,119 --> 00:22:57,880 Speaker 1: so it's so crazy because the mentorship that I did 439 00:22:58,240 --> 00:23:02,399 Speaker 1: um three years ago. My the girls in that class, 440 00:23:02,520 --> 00:23:04,520 Speaker 1: two of them I have hired and they work for me. 441 00:23:05,080 --> 00:23:07,600 Speaker 1: And just to see the progress in the confidence and 442 00:23:07,680 --> 00:23:12,960 Speaker 1: the self esteem by itself touches my heart. It touches 443 00:23:13,040 --> 00:23:15,399 Speaker 1: my heart, and just to have them up under me. 444 00:23:15,880 --> 00:23:18,600 Speaker 1: One of my one of my men to Minty's um 445 00:23:18,680 --> 00:23:20,240 Speaker 1: came to me. She said, miss Niche, I'm ready to 446 00:23:20,240 --> 00:23:21,920 Speaker 1: buy a duplex. I said, whatever I gotta do to 447 00:23:21,960 --> 00:23:26,119 Speaker 1: make it happy for you, Let's do it. You know. 448 00:23:26,240 --> 00:23:28,239 Speaker 1: She could say, hey, missieche I want to go buy 449 00:23:28,280 --> 00:23:30,480 Speaker 1: a channel bad, But this time, miss me, I want 450 00:23:30,520 --> 00:23:33,240 Speaker 1: to get you know what I'm saying. So that's touching 451 00:23:33,359 --> 00:23:38,080 Speaker 1: to me. Putting that, putting that crown on your head. 452 00:23:38,240 --> 00:23:40,720 Speaker 1: You know what you got your black I'll checking you. 453 00:23:41,240 --> 00:23:44,600 Speaker 1: You know miss credit man, you know, good at that 454 00:23:44,720 --> 00:23:48,480 Speaker 1: girl the queen and I like that queen. But before 455 00:23:48,480 --> 00:23:51,240 Speaker 1: we wrap a queen and I want to talk about 456 00:23:51,280 --> 00:23:54,000 Speaker 1: to get well urgent care, which is like a medical facility. 457 00:23:54,280 --> 00:23:56,320 Speaker 1: Is that it's that part of the franchises or this 458 00:23:56,400 --> 00:23:59,000 Speaker 1: is an individual location that you are Actually that was 459 00:23:59,640 --> 00:24:03,320 Speaker 1: that was just an investment that came um that came up. 460 00:24:03,400 --> 00:24:05,800 Speaker 1: Somebody asked me, did would I'd be interested in investing 461 00:24:05,800 --> 00:24:07,399 Speaker 1: in an urgent care clinic? And at the time I 462 00:24:07,480 --> 00:24:10,320 Speaker 1: didn't know anything about it. I honestly did not. I 463 00:24:10,400 --> 00:24:12,840 Speaker 1: started to do my own research, and of course what 464 00:24:13,000 --> 00:24:16,320 Speaker 1: any type of investment is risky. You know, I always 465 00:24:16,320 --> 00:24:21,600 Speaker 1: tell people, don't you know, invest money that you're expecting 466 00:24:21,640 --> 00:24:24,320 Speaker 1: to get back, it's really a risk. Rather, I mean, 467 00:24:24,480 --> 00:24:28,040 Speaker 1: real estate is the risks you know less less, but 468 00:24:28,600 --> 00:24:30,399 Speaker 1: in any investment is going to be risky. So I 469 00:24:30,440 --> 00:24:31,840 Speaker 1: didn't know anything about it at the time, and I 470 00:24:31,920 --> 00:24:33,800 Speaker 1: just felt like, hey, let me just shoot my shot. 471 00:24:34,400 --> 00:24:36,600 Speaker 1: And I did it. And it was one of my friends. 472 00:24:36,680 --> 00:24:41,480 Speaker 1: Her husband was actually a doctor, and he was even 473 00:24:41,520 --> 00:24:44,560 Speaker 1: as a doctor, you're still an employee. And he was 474 00:24:44,640 --> 00:24:48,960 Speaker 1: working for um I think it was Pimont Medical Facility facility, 475 00:24:49,200 --> 00:24:52,000 Speaker 1: and what he each us he decided that, you know, 476 00:24:52,080 --> 00:24:54,240 Speaker 1: he didn't want to be an employee anymore. He said, 477 00:24:54,320 --> 00:24:57,360 Speaker 1: you know, I'm overseeing side of these urgent care clinics, 478 00:24:57,400 --> 00:25:00,200 Speaker 1: and I'm seeing these invoices. I'm seeing these invoices. Said 479 00:25:00,200 --> 00:25:08,280 Speaker 1: I'm like, you're looking at his check. Come, let's lo 480 00:25:08,400 --> 00:25:12,159 Speaker 1: it down. He's looking at his check, look at okay 481 00:25:12,520 --> 00:25:16,520 Speaker 1: and breaking downmore. He's looking at the white folks running 482 00:25:16,520 --> 00:25:20,000 Speaker 1: around here. Okay, okay, making all this good money. Okay, 483 00:25:20,480 --> 00:25:24,720 Speaker 1: he said, oh they making this? Wait, wait, they making 484 00:25:24,800 --> 00:25:28,200 Speaker 1: this and waiting women and I'm making this. So he started, 485 00:25:28,240 --> 00:25:31,800 Speaker 1: you know, started thanking way women. So he decided that 486 00:25:32,119 --> 00:25:33,920 Speaker 1: he wanted to do his own urgent here, and he 487 00:25:34,040 --> 00:25:36,520 Speaker 1: was looking for investors. And his wife was a friend 488 00:25:36,560 --> 00:25:38,680 Speaker 1: of mine, and she, you know, brought the opportunity to me. 489 00:25:38,840 --> 00:25:41,359 Speaker 1: She said, you know, would you be willing to invest? Um, 490 00:25:41,800 --> 00:25:43,680 Speaker 1: I did my research, and I just went ahead and 491 00:25:43,840 --> 00:25:46,159 Speaker 1: just you know, took the risk. And some of his 492 00:25:46,240 --> 00:25:48,040 Speaker 1: own faiths too, you know, because you can do all 493 00:25:48,040 --> 00:25:50,119 Speaker 1: the research you want, but some of it, you know, 494 00:25:50,280 --> 00:25:52,840 Speaker 1: like you said, you have to come. Yeah, you have 495 00:25:52,920 --> 00:25:55,479 Speaker 1: to sit down and go toothless tools for now. When 496 00:25:55,520 --> 00:25:58,760 Speaker 1: I'm talking about this is uh when you say, let's 497 00:25:58,800 --> 00:26:01,040 Speaker 1: let's talk about get well urgent care. First of all, 498 00:26:01,080 --> 00:26:04,800 Speaker 1: it's medical, and we all know, okay, people gonna die, 499 00:26:04,880 --> 00:26:09,040 Speaker 1: people don't get sick. Okay, that's that's the fact of life. Okay. Now, 500 00:26:10,200 --> 00:26:12,840 Speaker 1: And so with that, and so the investment part of 501 00:26:12,840 --> 00:26:15,479 Speaker 1: ability possibilities like here, where are they putting it at? 502 00:26:15,560 --> 00:26:17,800 Speaker 1: That's all you have to worry about. Who's running it 503 00:26:18,200 --> 00:26:20,480 Speaker 1: and where are they gonna put it at? Because I've 504 00:26:20,520 --> 00:26:23,199 Speaker 1: seen these urgent cares and they and they always got 505 00:26:23,280 --> 00:26:25,320 Speaker 1: cars park out in front of them, okay, and that 506 00:26:25,400 --> 00:26:28,760 Speaker 1: means that people need that service. And so so from 507 00:26:28,800 --> 00:26:32,040 Speaker 1: a standpoint of your research, you like you said, you're 508 00:26:32,119 --> 00:26:34,480 Speaker 1: riding on the statement that I just said, people are 509 00:26:34,480 --> 00:26:37,320 Speaker 1: gonna die and people are going to get sick. Okay. 510 00:26:37,680 --> 00:26:42,479 Speaker 1: So with that being said, how do you participate? Are 511 00:26:42,520 --> 00:26:45,080 Speaker 1: you do you go buy your facility? You're an investor? 512 00:26:45,200 --> 00:26:47,920 Speaker 1: Do you check on it? Do you have board meetings 513 00:26:48,080 --> 00:26:50,760 Speaker 1: or what? How do you do? I sit on the 514 00:26:50,840 --> 00:26:54,760 Speaker 1: board and I'm really just a silent investor, So of 515 00:26:54,880 --> 00:26:58,320 Speaker 1: course I get you know, quarterly checks based off of 516 00:26:58,520 --> 00:27:04,480 Speaker 1: my specificy of equity in the company right now? Or 517 00:27:04,640 --> 00:27:07,760 Speaker 1: do we see more franchises that you'll be associated with 518 00:27:08,040 --> 00:27:10,000 Speaker 1: or you said, Rouean, We're gonna see how this plays 519 00:27:10,000 --> 00:27:15,280 Speaker 1: out for the next one to Actually I'm probably not 520 00:27:15,400 --> 00:27:23,400 Speaker 1: going to do any more business with you right there 521 00:27:23,640 --> 00:27:26,920 Speaker 1: right there? See did I tell you I did? See's 522 00:27:26,960 --> 00:27:29,760 Speaker 1: one of my top people now because see I'm I'm 523 00:27:31,080 --> 00:27:36,120 Speaker 1: you cannot win being fake. You can win right there 524 00:27:36,800 --> 00:27:40,760 Speaker 1: right But what I am working on, it's three times 525 00:27:40,800 --> 00:27:45,440 Speaker 1: in my million dollar business credit medic cool cool cool. 526 00:27:45,840 --> 00:27:48,479 Speaker 1: The process of doing that right now, trying to um 527 00:27:49,000 --> 00:27:52,679 Speaker 1: create a software to make it very very very um 528 00:27:53,040 --> 00:27:58,160 Speaker 1: manageable and um very easy to navigate through and all 529 00:27:58,240 --> 00:27:59,879 Speaker 1: that kind of stuff. So that's the only piece that 530 00:28:00,119 --> 00:28:03,439 Speaker 1: listen to me, and then I will franchise my business. Well, 531 00:28:03,520 --> 00:28:05,720 Speaker 1: my friend, I want to let you know, uh, I 532 00:28:05,760 --> 00:28:08,520 Speaker 1: got a newsletter that goes out to my fans named 533 00:28:08,560 --> 00:28:12,680 Speaker 1: some thousand, nay plus thousand fans every two weeks. I 534 00:28:12,760 --> 00:28:15,159 Speaker 1: want to put your credit medics in there because, like 535 00:28:15,280 --> 00:28:16,520 Speaker 1: I said, you move to the top of the food 536 00:28:16,600 --> 00:28:20,760 Speaker 1: chain with me because you keep read keeping Because see 537 00:28:20,800 --> 00:28:22,200 Speaker 1: the thing, the reason, the reason I say that is 538 00:28:22,280 --> 00:28:24,680 Speaker 1: that we have a lot of relatable values that I 539 00:28:24,760 --> 00:28:27,159 Speaker 1: come from the inner city and and I realized that, 540 00:28:27,320 --> 00:28:30,119 Speaker 1: you know, when I was exposed to information outside of 541 00:28:30,160 --> 00:28:32,560 Speaker 1: the inner city, I am the person I am today. 542 00:28:32,960 --> 00:28:35,320 Speaker 1: So I'm always a proponent and also I give back. 543 00:28:35,400 --> 00:28:37,800 Speaker 1: I give back in so many different ways. And like said, money, 544 00:28:37,840 --> 00:28:40,400 Speaker 1: money and conversations. Just wanted the format. But I work 545 00:28:40,440 --> 00:28:44,040 Speaker 1: with HBCU platforms and do information to exposure at such 546 00:28:44,080 --> 00:28:46,520 Speaker 1: a high level. And so all I know is that 547 00:28:46,800 --> 00:28:48,880 Speaker 1: you have a friend in Rashaan McDonald. I'm so glad 548 00:28:48,920 --> 00:28:51,760 Speaker 1: we was able to pull off this interview and porporting. 549 00:28:53,120 --> 00:28:55,880 Speaker 1: Your nonprofit organization is beautiful. I'm gonna promote that, and 550 00:28:55,920 --> 00:28:59,440 Speaker 1: you look fantastic on social media, all black old with 551 00:28:59,520 --> 00:29:07,280 Speaker 1: the crime and put it and how can we reach 552 00:29:07,320 --> 00:29:10,840 Speaker 1: out to you? Tell us so you can actually go 553 00:29:11,000 --> 00:29:13,480 Speaker 1: to my website if and you will see we have like, 554 00:29:13,800 --> 00:29:17,160 Speaker 1: oh my god, so many different services available from first 555 00:29:17,200 --> 00:29:21,640 Speaker 1: time home ownership to building business, credit, business consulting. If 556 00:29:21,680 --> 00:29:24,280 Speaker 1: you're a business owner already. I feel like in our 557 00:29:24,360 --> 00:29:27,640 Speaker 1: community and I just moved into a bigger, phenomenal location. 558 00:29:27,760 --> 00:29:31,160 Speaker 1: My office is beautiful and there's enough space for me 559 00:29:31,360 --> 00:29:34,680 Speaker 1: to actually have it's like a conference area, a seminar 560 00:29:34,720 --> 00:29:37,120 Speaker 1: if we can have seminars. So I'm gonna be offering 561 00:29:37,360 --> 00:29:42,600 Speaker 1: monthly free workshops to existing business owners black small business 562 00:29:42,640 --> 00:29:45,040 Speaker 1: owners because I feel like that's a piece that's missing. 563 00:29:45,400 --> 00:29:47,840 Speaker 1: You can be really skilled at whatever it is that 564 00:29:47,920 --> 00:29:49,640 Speaker 1: you do in talented, but if you don't know the 565 00:29:49,720 --> 00:29:52,080 Speaker 1: business side of it, your business will suffer. So we're 566 00:29:52,080 --> 00:29:55,480 Speaker 1: gonna be offering free classes to small black business owners. 567 00:29:55,640 --> 00:29:57,960 Speaker 1: So you can go to Credit Medics and that c 568 00:29:58,440 --> 00:30:02,360 Speaker 1: R E d I T M E d I C 569 00:30:02,920 --> 00:30:06,640 Speaker 1: S one zero one Credit Medics one on one dot 570 00:30:06,720 --> 00:30:09,800 Speaker 1: com for all of our services, um and you can 571 00:30:09,880 --> 00:30:12,960 Speaker 1: find me on Instagram at Credit Medics one on one 572 00:30:13,320 --> 00:30:15,880 Speaker 1: and you can find me on Instagram. My personal page 573 00:30:16,040 --> 00:30:19,320 Speaker 1: is at my zerati niche and that's m A s 574 00:30:19,800 --> 00:30:23,680 Speaker 1: E r A t I n E E s eh 575 00:30:24,000 --> 00:30:25,920 Speaker 1: and I thank you so much for having me, Thank 576 00:30:25,960 --> 00:30:28,640 Speaker 1: you for sharing your platform with me, um piece, and 577 00:30:28,680 --> 00:30:31,520 Speaker 1: blessing to everyone listening. I'm loving on y'all. Okay, I'm 578 00:30:31,520 --> 00:30:33,480 Speaker 1: loving on YouTube. Thank you for coming on the show. 579 00:30:33,600 --> 00:30:35,680 Speaker 1: She's amazing. She's at the top of the food chain 580 00:30:35,760 --> 00:30:37,760 Speaker 1: with money main conversation. So we're gonna be hearing from 581 00:30:38,760 --> 00:30:41,600 Speaker 1: especially when you are when you when you get that software, 582 00:30:41,680 --> 00:30:44,800 Speaker 1: that software done right and be able to franchise and 583 00:30:44,880 --> 00:30:46,760 Speaker 1: bring it to Rashad McDonald so I can sell it 584 00:30:46,800 --> 00:30:48,920 Speaker 1: to my people first and put the word out about 585 00:30:48,920 --> 00:30:50,520 Speaker 1: it because I believe in you, because you're a real 586 00:30:50,640 --> 00:30:53,680 Speaker 1: talker and you don't try to sell false hopes. And 587 00:30:53,760 --> 00:30:57,000 Speaker 1: that's important in today and pandemic where we're being overtly 588 00:30:57,080 --> 00:31:00,760 Speaker 1: affected by the virus, being overtly affected by the financial 589 00:31:00,800 --> 00:31:03,760 Speaker 1: crisis that is creating in our household. We need information 590 00:31:03,840 --> 00:31:07,120 Speaker 1: to overcome those obstacles. And my friend ms Howardton, she 591 00:31:07,280 --> 00:31:10,120 Speaker 1: provides it. Thank you for coming on the show. Thank 592 00:31:10,200 --> 00:31:12,520 Speaker 1: you having a right thank you. If you want to 593 00:31:12,560 --> 00:31:14,520 Speaker 1: hear more of Money Making Conversation interviews, please go to 594 00:31:14,560 --> 00:31:17,560 Speaker 1: money Making Conversation dot com. I'm ras Sean McDonald. I'm 595 00:31:17,600 --> 00:31:18,040 Speaker 1: your host.