WEBVTT - Should You Discuss Money With Your Friends?

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:00:11.920 --> 0:00:15.840
<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:00:28.160 --> 0:00:31.680
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:00:31.760 --> 0:00:34.960
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:00:35.040 --> 0:00:38.920
<v Speaker 1>are here illegally, your next you will be fined nearly

0:00:39.000 --> 0:00:43.000
<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

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<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

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<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security.

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<v Speaker 3>Should you discuss money with your friends, we had this conversation.

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<v Speaker 4>With Conversation UH last week's episode of Assets of Reliabilities,

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<v Speaker 4>and I got a lot of traction on social media.

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<v Speaker 4>People you know have different commentary on it. She she had,

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<v Speaker 4>she has.

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<v Speaker 3>Views on it.

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<v Speaker 5>Uh.

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<v Speaker 3>So should you discuss money with your friends?

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<v Speaker 6>I think you should know which friends you can have

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<v Speaker 6>those conversations with. I don't think you can have them

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<v Speaker 6>with all because sometimes resentment creeps in, entitlement may creep in,

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<v Speaker 6>and a lot of times if we're doing it for

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<v Speaker 6>quote unquote motivational purposes, only if a person doesn't have

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<v Speaker 6>it and you're not going to give it to them,

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<v Speaker 6>it can produce some feelings that they didn't even know

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<v Speaker 6>that they had. I remember one time, this maybe two

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<v Speaker 6>years ago, so historically, like I have a everyday card,

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<v Speaker 6>then I have something else that I drive. And one

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<v Speaker 6>time we went to dinner and I didn't bring the

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<v Speaker 6>everyday car, but it was not every day cars a commasta,

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<v Speaker 6>so everybody's cool. When I picked up in the mouths like,

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<v Speaker 6>oh are you so humble down on the earth cool? I

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<v Speaker 6>can't believe you still dropping this da dah.

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<v Speaker 7>Right.

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<v Speaker 6>I bring out the other car and this is one

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<v Speaker 6>of my guys and I get out and he looked

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<v Speaker 6>at me like, yo, I ain't even know you had this,

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<v Speaker 6>but you know when it's a yo, I know you

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<v Speaker 6>had this and you weren't happy. I was like, I

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<v Speaker 6>fucked up, Like I should have just take the everyday

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<v Speaker 6>car out and strip it down. And in those moments,

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<v Speaker 6>and I know he loves me, but I could see

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<v Speaker 6>it in his face. The feeling that he had for

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<v Speaker 6>me was not one of joy. And I wouldn't say

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<v Speaker 6>this is one of my best friends, but like, this

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<v Speaker 6>is somebody I'm like really cool with and I've learned,

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<v Speaker 6>like and we've had these conversations, there's only certain people

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<v Speaker 6>you can have some of these higher income conversations with,

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<v Speaker 6>because not everyone's gonna be happy for you. A good

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<v Speaker 6>lesson for me is if a person that makes more

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<v Speaker 6>money than me, or we're in the same income bracket

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<v Speaker 6>within two or three percent, I'll have it. If there's

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<v Speaker 6>a gap or disparity, I won't have the conversation at all.

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<v Speaker 6>There's too much of a risk. I don't believe in

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<v Speaker 6>holding back on information or not sharing, because I saw

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<v Speaker 6>that a lot in the comments as well. But to

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<v Speaker 6>say I made this on this particular deal, or I

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<v Speaker 6>think it's a recipe for disaster.

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<v Speaker 7>Failure. I think we're in a unique position.

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<v Speaker 5>Because we're friends, we're brothers, but we were in business together.

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<v Speaker 7>So I feel like, I mean, we have to talk

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<v Speaker 7>about money.

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<v Speaker 2>We have to. It's not it's going well.

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<v Speaker 5>Yeah, I mean even on the personal side that you know,

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<v Speaker 5>I'll have it, like I'll have conversations and I just

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<v Speaker 5>had one with MG today. It was like I was

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<v Speaker 5>playing them from a tax standpoint, like we have to

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<v Speaker 5>talk about money. I'm like, look, this is what I

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<v Speaker 5>paid in taxes last year. Really yeah, well, look this

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<v Speaker 5>is some of the things I did last year. But

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<v Speaker 5>I want to figure out, you know, what's the best

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<v Speaker 5>way in real estate that I could help alleviate some

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<v Speaker 5>of these taxes.

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<v Speaker 7>So, like you said, it's about knowing who you're having

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<v Speaker 7>a conversation with.

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<v Speaker 5>I'm not openly saying like, hey I did this, I

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<v Speaker 5>made this, but of course, like I mean, I usually

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<v Speaker 5>the first thing I do is like, wake up, Thank

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<v Speaker 5>the Lord, open the bank account, let's see what Let's

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<v Speaker 5>see what we.

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<v Speaker 3>Got to check them because even the banks to take

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<v Speaker 3>the money from me.

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<v Speaker 7>If you don't check on it, who's missing? Where is

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<v Speaker 7>the net now, earners, what's up?

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<v Speaker 5>You ever walk into a small business and everything just works,

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<v Speaker 5>like the checkout is fast, the seats are digital, tipping

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<v Speaker 5>is a breeze and you're out the door before the

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<v Speaker 5>can keep pushing your vision forward. This episode is brought

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<v Speaker 5>to you by P and C Bank. A lot of

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<v Speaker 5>people think podcasts about work are boring, and sure they

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<v Speaker 5>definitely can be, but understanding a professionals routine shows us

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<v Speaker 5>how they achieve their success little by little, day after day.

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<v Speaker 5>It might seem boring to save, plan and make calculated

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<v Speaker 5>decisions with your bank, but keeping your money boring is

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<v Speaker 5>what helped to live a more happily fulfilled life. P

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<v Speaker 5>National Association Member FDIC.

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas. Man of Venezuelan charged with

0:06:30.200 --> 0:06:34.120
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:06:34.200 --> 0:06:37.960
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:06:38.000 --> 0:06:41.520
<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

0:06:41.600 --> 0:06:46.400
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:06:46.440 --> 0:06:49.960
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:06:50.040 --> 0:06:53.240
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:06:53.320 --> 0:06:57.159
<v Speaker 1>are here illegally, your next you will be fined. Nearly

0:06:57.279 --> 0:07:01.000
<v Speaker 1>one thousand dollars a day. Imprisoned and report it, you

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<v Speaker 1>will never return. But if you register using our CBP

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<v Speaker 1>home app and leave now, you could be allowed to

0:07:07.520 --> 0:07:12.360
<v Speaker 1>return legally. Do what's right. Leave now. Under President Trump,

0:07:12.520 --> 0:07:16.120
<v Speaker 1>America's laws, border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security.

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<v Speaker 5>Those are the things I'm looking at, and so like,

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<v Speaker 5>once i see something that's off or something that is delayed,

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<v Speaker 5>I'll hit first thing.

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<v Speaker 7>I'm like checking with Danielle, like what's going on?

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<v Speaker 5>Yeah, ab And then the last thing I do is like,

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<v Speaker 5>y'all hit Shotty, like, yo, here's the update his what's

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<v Speaker 5>going on?

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<v Speaker 7>So, I mean, we always talk about money because it's necessary.

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<v Speaker 5>And then obviously I hit Mike because I know he

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<v Speaker 5>wakes up a little bit later and he's like in

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<v Speaker 5>the gym in the morning. Yeah, so I'll wait to

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<v Speaker 5>hit him about some things. But yeah, as friends, we

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<v Speaker 5>do it because we're in business together. So it's a

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<v Speaker 5>very unique situation, but it's important.

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<v Speaker 7>Yeah, shanty, what you think, hold it close to the chest.

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<v Speaker 5>What we do, even unless you named for small, Well,

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<v Speaker 5>I grew up with these guys, so yeah, everything is different.

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<v Speaker 3>I mean I think it's just common sense.

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<v Speaker 4>Like you know, you don't talk about money with every

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<v Speaker 4>single person for no reason. But in this scenario of

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<v Speaker 4>you know, trying to work, like scenario I gave was.

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<v Speaker 3>Trying to figure out a deal, like you know what

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<v Speaker 3>I mean, podcasters, that's different. You know, provide.

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<v Speaker 4>Information with each other in that way that you know

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<v Speaker 4>you'll be better suited to know, like, Okay, this person

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<v Speaker 4>got this much, and I know that I could you know,

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<v Speaker 4>reasonably act for this much, Like that's something that's reasonable.

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<v Speaker 3>But how much you get for a ad on your show?

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<v Speaker 4>Like you know, if you never should have information and

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<v Speaker 4>it's not really that beneficial. So I think that that's

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<v Speaker 4>something you'll necessarily have to be like best of friends,

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<v Speaker 4>you have like a cordial working relationship to understand like

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<v Speaker 4>David Sham's how much are you.

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<v Speaker 3>Charging add for your show? Yeah, you know, I don't.

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<v Speaker 4>I don't think it would be unreasonable for him to

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<v Speaker 4>tell me. He doesn't have to tell me like how

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<v Speaker 4>much money he has in his bank account. But you

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<v Speaker 4>know there's different money conversations. Yeah, So you know, I

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<v Speaker 4>think that it's beneficial to have conversations about money when

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<v Speaker 4>it makes sense. As far as like, you know, if

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<v Speaker 4>you've got a person that you're doing business with, or

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<v Speaker 4>somebody that's in your in your same peer group or

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<v Speaker 4>the same industry, industry, conversation is very important. I think

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<v Speaker 4>that's more outside of Yeah, it's just common sense most

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<v Speaker 4>of the time, you're not just going to tell somebody like,

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<v Speaker 4>this is how much money I have in my bank account,

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<v Speaker 4>this is how much money I made last year, randomly.

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<v Speaker 4>But what problems is like even in corporate, it happens

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<v Speaker 4>a lot in corporate with people don't know how much

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<v Speaker 4>somebody else is getting paid, and that affects your negotiating skills,

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<v Speaker 4>that affects your ability to actually act for a raise.

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<v Speaker 4>That is, you know, you don't know how to gauge

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<v Speaker 4>if you're getting underpaid or not right. So sharing information

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<v Speaker 4>and actually knowing what the numbers are are beneficial for sure,

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<v Speaker 4>And that's something that you know, I think you've got

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<v Speaker 4>to kind of be a little bit more comfortable doing

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<v Speaker 4>that because that's something that is helpful. It's not like

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<v Speaker 4>you're just sharing that information just to make you like

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<v Speaker 4>nosy and jealous about what you got. So delicate situation,

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<v Speaker 4>But like I said, I think you know you got

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<v Speaker 4>to use your your common sense. See, you know, obviously

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<v Speaker 4>some people it's just there's no benefit in sharing it. Like,

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<v Speaker 4>if there's no benefit in sharing the information, then what's

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<v Speaker 4>the point of sharing it. But if there's a benefit

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<v Speaker 4>for you or for somebody else, and you could see

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<v Speaker 4>like that's actually beneficial, then I think that, you know,

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<v Speaker 4>it's a different conversation.

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<v Speaker 3>Yeah, before we leave, they're gonna tell you how much

0:10:38.679 --> 0:10:39.760
<v Speaker 3>they got in their bank account.

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<v Speaker 7>They're they're old up.

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:10:48.520 --> 0:10:52.319
<v Speaker 1>in Massachusetts. An MS thirteen gang member from El Salvador

0:10:52.559 --> 0:10:56.680
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:10:56.760 --> 0:11:00.599
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:11:00.760 --> 0:11:04.520
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:11:04.559 --> 0:11:08.080
<v Speaker 1>Donald J. Trump's leadership. I'm Christy Noman, the United States

0:11:08.160 --> 0:11:12.960
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:11:12.960 --> 0:11:16.520
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:11:16.600 --> 0:11:19.800
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:11:19.880 --> 0:11:23.720
<v Speaker 1>are here illegally, your next you will be fined nearly

0:11:23.800 --> 0:11:27.840
<v Speaker 1>one thousand dollars a day. Imprisoned and deported, you will

0:11:27.880 --> 0:11:31.520
<v Speaker 1>never return. But if you register using our CBP home

0:11:31.559 --> 0:11:34.920
<v Speaker 1>app and leave now, you could be allowed to return legally.

0:11:35.320 --> 0:11:40.080
<v Speaker 1>Do what's right. Leave now. Under President Trump America's laws,

0:11:40.240 --> 0:11:42.680
<v Speaker 1>border and families will be protected.

0:11:42.760 --> 0:11:44.880
<v Speaker 2>Sponsored by the United States Department of Homeland Security,