1 00:00:00,280 --> 00:00:03,640 Speaker 1: Hey, guys, welcome to this week's episode of the PhD podcast. 2 00:00:04,200 --> 00:00:07,520 Speaker 1: Is your Girl up a Name? And I'm here another 3 00:00:07,560 --> 00:00:09,960 Speaker 1: episode that I'm really excited about. I think that we 4 00:00:10,000 --> 00:00:13,360 Speaker 1: all can learn from this. Um. You know, I'm going 5 00:00:13,400 --> 00:00:17,000 Speaker 1: to be sharing some things about my financial situation as well, 6 00:00:17,360 --> 00:00:23,520 Speaker 1: and I really hope that this episode, UM encourage encourages you, so, like, 7 00:00:23,640 --> 00:00:27,800 Speaker 1: you know, get your ship together. So, as usual, I 8 00:00:27,840 --> 00:00:31,360 Speaker 1: don't have the pleasure of introducing my guests. So with 9 00:00:31,480 --> 00:00:35,240 Speaker 1: that being said, let's just jump right into it. So 10 00:00:35,640 --> 00:00:38,880 Speaker 1: my first question is, what was your relationship like with 11 00:00:39,040 --> 00:00:43,920 Speaker 1: money before you found bankruptcy? Um? So before I filed 12 00:00:44,200 --> 00:00:48,080 Speaker 1: for bankruptcy. So, wait, growing up, I didn't really understand 13 00:00:48,120 --> 00:00:50,159 Speaker 1: the concept of money. I can start with that, Like 14 00:00:50,280 --> 00:00:52,519 Speaker 1: most of us, I didn't really understand the concept of 15 00:00:52,600 --> 00:00:54,640 Speaker 1: money because like a lot of children, I feel like 16 00:00:54,720 --> 00:00:57,600 Speaker 1: in the hood is like your parents tried to overcompensate 17 00:00:57,640 --> 00:01:00,840 Speaker 1: by giving you things, um, So when you get older, 18 00:01:00,880 --> 00:01:05,120 Speaker 1: you kind of don't realize that like things cost um. 19 00:01:06,080 --> 00:01:08,440 Speaker 1: So he had to pay for ship when he was 20 00:01:08,480 --> 00:01:10,600 Speaker 1: growing up, right, and I think that for me too, 21 00:01:10,680 --> 00:01:12,640 Speaker 1: So like, you know, just to share, like I grew up, 22 00:01:12,760 --> 00:01:15,520 Speaker 1: like you know, not wealthy or anything, like I grew 23 00:01:15,560 --> 00:01:18,039 Speaker 1: up in the projects, but I've never really wanted for anything. 24 00:01:18,560 --> 00:01:20,920 Speaker 1: And because of that, like both of my parents were 25 00:01:20,959 --> 00:01:24,160 Speaker 1: like would be considered probably like middle class jobs. Um, 26 00:01:24,200 --> 00:01:26,520 Speaker 1: they both work. They always gave me things. I always 27 00:01:26,560 --> 00:01:29,240 Speaker 1: had stuff. Um, So for me when I got older, 28 00:01:29,480 --> 00:01:31,679 Speaker 1: I really thought that I was good. It wasn't until 29 00:01:31,800 --> 00:01:34,720 Speaker 1: I got to college and I was. I would never 30 00:01:34,760 --> 00:01:36,920 Speaker 1: forget my roommate at the time, she was paying for 31 00:01:36,959 --> 00:01:40,440 Speaker 1: her college with her like like with a check, Like 32 00:01:40,520 --> 00:01:43,280 Speaker 1: her dad had wrote out a check and it was 33 00:01:43,360 --> 00:01:46,839 Speaker 1: like five thousands something dollars and basically he was paying 34 00:01:46,880 --> 00:01:49,960 Speaker 1: for her college. And here I was like basically texting 35 00:01:50,000 --> 00:01:52,440 Speaker 1: all my family members, acting each of them for fifty 36 00:01:52,440 --> 00:01:55,480 Speaker 1: dollars just feel I could get books. But I thought 37 00:01:55,480 --> 00:01:57,120 Speaker 1: that I was good before I got there, like, oh, 38 00:01:57,200 --> 00:02:00,880 Speaker 1: I'm good. You know, I got you all up. It 39 00:02:00,920 --> 00:02:03,560 Speaker 1: isn't funny how you grow up and you think that 40 00:02:03,560 --> 00:02:05,800 Speaker 1: that's your normal, and you think that's normal for everyone 41 00:02:05,880 --> 00:02:08,040 Speaker 1: until you get out there in the world. You need 42 00:02:08,120 --> 00:02:09,880 Speaker 1: other people and you'd be like, damn, that's what people 43 00:02:09,960 --> 00:02:13,800 Speaker 1: really be living, right, Like it's really level. So I 44 00:02:13,800 --> 00:02:17,400 Speaker 1: think that that when I started to real life that then, Um, 45 00:02:17,440 --> 00:02:20,320 Speaker 1: I actually created like a resentment towards my parents, like 46 00:02:20,400 --> 00:02:23,480 Speaker 1: you didn't do enough, you didn't work hard enough, you 47 00:02:23,480 --> 00:02:26,520 Speaker 1: didn't do that, you didn't do this. Um. It wasn't 48 00:02:26,600 --> 00:02:29,079 Speaker 1: until I started to get out of college. And by 49 00:02:29,120 --> 00:02:30,640 Speaker 1: this time I was living on my own. So I've 50 00:02:30,680 --> 00:02:32,120 Speaker 1: been living on my own since I was maybe like 51 00:02:32,240 --> 00:02:36,799 Speaker 1: nineteen m own car, own apartment, on everything. It wasn't 52 00:02:36,840 --> 00:02:39,080 Speaker 1: until then and I was like hit with over for 53 00:02:39,160 --> 00:02:42,359 Speaker 1: one a hundred and one thousand dollars in student loan 54 00:02:42,400 --> 00:02:45,520 Speaker 1: debt between my masters and my bachelor's. I had an 55 00:02:45,520 --> 00:02:47,320 Speaker 1: apartment that I was paying rent for. I had a 56 00:02:47,360 --> 00:02:49,959 Speaker 1: car that I was financing at the time. I was 57 00:02:50,000 --> 00:02:52,040 Speaker 1: probably up to like my second car because New York 58 00:02:52,120 --> 00:02:58,600 Speaker 1: sucks your car up like a second car by the time. 59 00:02:58,600 --> 00:03:00,280 Speaker 1: And it wasn't ntil then and I started real was like, 60 00:03:00,440 --> 00:03:02,959 Speaker 1: oh they did they did the best they could with 61 00:03:03,080 --> 00:03:05,920 Speaker 1: what they had, because here I am out here grinding 62 00:03:05,919 --> 00:03:07,920 Speaker 1: every day doing the best that I can with what 63 00:03:08,000 --> 00:03:11,680 Speaker 1: I have, So I kind of can't blame them, you 64 00:03:11,720 --> 00:03:13,000 Speaker 1: know what I mean. And then that's when I really 65 00:03:13,040 --> 00:03:14,919 Speaker 1: started to like come into my own and really learn 66 00:03:14,960 --> 00:03:17,440 Speaker 1: more about credit and learn more about things. But by 67 00:03:17,440 --> 00:03:19,560 Speaker 1: this time, quite honestly, a lot of the damage was 68 00:03:19,600 --> 00:03:22,280 Speaker 1: already done, Like you know, like a lot of the 69 00:03:22,440 --> 00:03:24,560 Speaker 1: like taking out loans, Like if I can go back, 70 00:03:24,600 --> 00:03:26,880 Speaker 1: I probably would have never taken on that much money 71 00:03:26,880 --> 00:03:28,760 Speaker 1: in student loans, Like I know for a fact that 72 00:03:28,800 --> 00:03:30,600 Speaker 1: I wouldn't have you know, you know what, the same 73 00:03:30,680 --> 00:03:32,400 Speaker 1: with me. But I think that when when you were 74 00:03:32,440 --> 00:03:36,360 Speaker 1: in called, when I was in college, I went to 75 00:03:36,360 --> 00:03:40,720 Speaker 1: Tennessee State University. Um, the biggest thing was recent Oh yeah, 76 00:03:40,760 --> 00:03:46,520 Speaker 1: I got those right. So it's like in the process 77 00:03:46,560 --> 00:03:48,680 Speaker 1: because nobody talked to you the importance of hey, I 78 00:03:48,720 --> 00:03:51,280 Speaker 1: only take out what you need. If you if you're 79 00:03:51,320 --> 00:03:53,680 Speaker 1: gonna take that money out, girl, I swear to guard. 80 00:03:53,680 --> 00:03:55,560 Speaker 1: If I knew what I could do with a refund check, 81 00:03:55,600 --> 00:03:59,360 Speaker 1: now I'd be a million two times three times over 82 00:03:59,440 --> 00:04:01,840 Speaker 1: by now you know what I mean. But like you said, 83 00:04:01,880 --> 00:04:04,839 Speaker 1: it wasn't alt to us, and that sometimes I get 84 00:04:04,920 --> 00:04:07,000 Speaker 1: like I was frustrated with because I'm in my own 85 00:04:07,280 --> 00:04:10,240 Speaker 1: money situation like twenty nineteen and my budget is about 86 00:04:10,240 --> 00:04:12,280 Speaker 1: to be tight because I have a goal that I 87 00:04:12,320 --> 00:04:14,200 Speaker 1: need to accomplish. But in order to the complish and 88 00:04:14,240 --> 00:04:17,440 Speaker 1: go I have to cut out all the worship. But 89 00:04:17,640 --> 00:04:20,240 Speaker 1: I was first rating with my own parents and upbringing 90 00:04:20,440 --> 00:04:22,240 Speaker 1: just like damn, like why I didn't teach me? But 91 00:04:22,440 --> 00:04:24,680 Speaker 1: really because they didn't know any better. And that was 92 00:04:24,800 --> 00:04:27,680 Speaker 1: like now that I teach, so like I'm fortunate enough 93 00:04:27,680 --> 00:04:31,120 Speaker 1: that now I'm a professor. It's so weird how life happened. Um, 94 00:04:31,200 --> 00:04:33,679 Speaker 1: So I'm a professor and I teach finance. I teach 95 00:04:33,760 --> 00:04:36,120 Speaker 1: AT two one at f EN two O three, which 96 00:04:36,120 --> 00:04:39,080 Speaker 1: are pretty much the introductory finance courses that you would 97 00:04:39,120 --> 00:04:42,359 Speaker 1: take as a finance major in college. And the classes 98 00:04:42,360 --> 00:04:45,159 Speaker 1: are like intro to Investments, intro to Financial Management, and 99 00:04:45,200 --> 00:04:47,279 Speaker 1: the first question that I asked but like when my 100 00:04:47,279 --> 00:04:49,440 Speaker 1: students first come in, the first question I always asked them, 101 00:04:49,480 --> 00:04:51,400 Speaker 1: it's like, what are things that we're told to you 102 00:04:51,440 --> 00:04:53,800 Speaker 1: about money? And it's always the answers of like, you know, 103 00:04:54,120 --> 00:04:56,480 Speaker 1: eat all your food. You know there's people out there 104 00:04:56,520 --> 00:05:03,520 Speaker 1: starving in the world. There's always like oh my god, like, um, yeah, 105 00:05:03,560 --> 00:05:05,960 Speaker 1: you're supposed to save money. But it's like people tell 106 00:05:06,040 --> 00:05:07,800 Speaker 1: us all these things. And then you look on social 107 00:05:07,800 --> 00:05:09,880 Speaker 1: media and it's like people are eating in access, like 108 00:05:09,920 --> 00:05:12,480 Speaker 1: everybody eats, we eating good over here, and it's like 109 00:05:12,560 --> 00:05:15,400 Speaker 1: whoa conflict the messages, you know what I mean? Like 110 00:05:15,440 --> 00:05:17,880 Speaker 1: are people starving? Or is there an abundance of money 111 00:05:17,880 --> 00:05:19,840 Speaker 1: in the world and any of us can go out 112 00:05:19,839 --> 00:05:21,719 Speaker 1: and get it? And I think that when you realize 113 00:05:21,760 --> 00:05:23,880 Speaker 1: that that's really what it is, Like there's an abundance 114 00:05:23,920 --> 00:05:29,280 Speaker 1: of money out here, yes, like there are people with 115 00:05:29,400 --> 00:05:32,520 Speaker 1: less opportunities, yes, but there's an abundance of money out there. 116 00:05:32,520 --> 00:05:34,280 Speaker 1: So girl, like, just go out there and get it. 117 00:05:34,480 --> 00:05:36,359 Speaker 1: And I think that once you realize that, your beauty 118 00:05:36,400 --> 00:05:39,400 Speaker 1: once money starts to change. But in reality, like you 119 00:05:39,440 --> 00:05:41,159 Speaker 1: gotta think about it, Like none of us are like 120 00:05:41,200 --> 00:05:43,240 Speaker 1: everybody tells us how to save, but who really sat 121 00:05:43,279 --> 00:05:45,120 Speaker 1: down and was like, Yo, the way that you save 122 00:05:45,240 --> 00:05:47,920 Speaker 1: is by making it automatic, is by taking tempercent of 123 00:05:48,000 --> 00:05:49,839 Speaker 1: what you make and putting it into a separate account 124 00:05:49,839 --> 00:05:51,640 Speaker 1: that you don't touch. Like no one really gives you 125 00:05:51,680 --> 00:05:54,200 Speaker 1: the blueprint, but they give you the blueprint for everything else. 126 00:05:55,560 --> 00:05:57,440 Speaker 1: So what were like some of the signs that you 127 00:05:57,960 --> 00:06:00,800 Speaker 1: you know that big Roth was like what made you 128 00:06:00,800 --> 00:06:04,960 Speaker 1: get Yeah? So for me personally, I was being fooed um. 129 00:06:05,160 --> 00:06:08,640 Speaker 1: So that was for me to avoid um and knowing 130 00:06:08,680 --> 00:06:10,599 Speaker 1: as much as what I know about finance, right, Like, 131 00:06:10,640 --> 00:06:12,240 Speaker 1: I know that that wasn't a way for me. That 132 00:06:12,279 --> 00:06:14,480 Speaker 1: was a way for me to pay that case. So 133 00:06:14,520 --> 00:06:16,080 Speaker 1: I was, you know, going back and forth put an 134 00:06:16,080 --> 00:06:19,640 Speaker 1: own apartment, and we were I was in court with them, 135 00:06:19,839 --> 00:06:21,919 Speaker 1: and you know, I feel while I got tired of 136 00:06:21,960 --> 00:06:24,240 Speaker 1: going back and forth in court, and I also recognized 137 00:06:24,279 --> 00:06:27,440 Speaker 1: that I was also still young enough um to do 138 00:06:27,520 --> 00:06:29,880 Speaker 1: it and to bounce back from it, and also that 139 00:06:30,360 --> 00:06:31,960 Speaker 1: you know, for me, it was just some more of 140 00:06:32,040 --> 00:06:34,680 Speaker 1: a which which so you're in this situation right and 141 00:06:34,680 --> 00:06:36,839 Speaker 1: get back is against the wall? Which path do you 142 00:06:36,839 --> 00:06:41,880 Speaker 1: want to take exactly? Or do you want to do 143 00:06:41,920 --> 00:06:43,120 Speaker 1: you want to pay it on off and use the 144 00:06:43,120 --> 00:06:44,839 Speaker 1: next five years out of your life climbing out of 145 00:06:44,839 --> 00:06:47,640 Speaker 1: the jet or do you want to simply like file 146 00:06:47,720 --> 00:06:50,239 Speaker 1: the bankruptcy and use the next maybe two three years 147 00:06:50,279 --> 00:06:52,520 Speaker 1: to possibly like get your numbers back up. And I 148 00:06:52,640 --> 00:06:55,320 Speaker 1: just know that's so funny that you said that, because 149 00:06:55,360 --> 00:06:57,599 Speaker 1: I always tell people you should not judge people because 150 00:06:58,880 --> 00:07:02,359 Speaker 1: it is against that wall. Yo, sometimes the only options 151 00:07:02,440 --> 00:07:05,159 Speaker 1: there you'll be surprised. Like for me, you know, having 152 00:07:05,160 --> 00:07:07,480 Speaker 1: a finance background and knowing as much as like I'm 153 00:07:07,520 --> 00:07:11,240 Speaker 1: a finance professor. I know that all these companies, Donald Trump, 154 00:07:11,280 --> 00:07:14,680 Speaker 1: all these people, rich people are filing banksy with no issues. 155 00:07:15,000 --> 00:07:16,760 Speaker 1: So for me, it's not really that a lot of 156 00:07:16,880 --> 00:07:19,640 Speaker 1: rich people, it's not really that part of the shame 157 00:07:19,720 --> 00:07:21,840 Speaker 1: that or the stigma that comes with it. I'm not 158 00:07:21,880 --> 00:07:24,120 Speaker 1: ashamed of that. Like for me, it's really but why 159 00:07:24,120 --> 00:07:25,800 Speaker 1: do you think it's such a Why do you think 160 00:07:25,800 --> 00:07:28,040 Speaker 1: it's such a negative connotation with that? Like when you 161 00:07:28,320 --> 00:07:32,040 Speaker 1: people here find I mean filing bankruptcy, Oh my god, 162 00:07:32,120 --> 00:07:34,320 Speaker 1: the lack of knowledge. But you know, if you don't 163 00:07:34,320 --> 00:07:36,400 Speaker 1: know better, if if if, I mean you got to 164 00:07:36,400 --> 00:07:39,720 Speaker 1: think about it. The word itself says that basically, you 165 00:07:39,760 --> 00:07:43,480 Speaker 1: are so poor allegedly that you are wiping out all 166 00:07:43,480 --> 00:07:45,920 Speaker 1: of your debt because you can no longer pay your creditors. Now, 167 00:07:46,160 --> 00:07:48,360 Speaker 1: I mean, from a financial standpoint, there's a lot of 168 00:07:48,360 --> 00:07:52,040 Speaker 1: reasons why I wouldn't want to pay somebody that I owe, right, Um, 169 00:07:52,120 --> 00:07:54,080 Speaker 1: but that would necessarily mean that I have to go 170 00:07:54,160 --> 00:07:55,920 Speaker 1: about it. Now, is folding a piece of paper and 171 00:07:55,960 --> 00:07:57,480 Speaker 1: going up to a judge is what I need to 172 00:07:57,480 --> 00:08:00,559 Speaker 1: do to get out of that situation, I'm gonna do it. Um. 173 00:08:00,600 --> 00:08:02,360 Speaker 1: I think that is just you know, for me, I 174 00:08:02,400 --> 00:08:04,120 Speaker 1: really tell people because I've been asked a hundred and 175 00:08:04,120 --> 00:08:06,239 Speaker 1: one times. I always tell people, look at all your options, 176 00:08:06,320 --> 00:08:08,360 Speaker 1: you know what I mean, look at all your options 177 00:08:08,400 --> 00:08:11,840 Speaker 1: and then go with the best one from there. So 178 00:08:11,880 --> 00:08:14,240 Speaker 1: what is the steps like for those who are interested 179 00:08:14,240 --> 00:08:17,680 Speaker 1: in Like, yeah, you can do it either way, so 180 00:08:17,760 --> 00:08:19,240 Speaker 1: you can go buy a lawyer or you can go 181 00:08:19,280 --> 00:08:21,560 Speaker 1: post a post a meaning that you're doing it for yourself. 182 00:08:22,040 --> 00:08:23,880 Speaker 1: I was able to do it for myself. I mean 183 00:08:23,920 --> 00:08:26,520 Speaker 1: I'm not the smartest person on earth, but I mean 184 00:08:26,560 --> 00:08:30,640 Speaker 1: the steps were pretty um easy, like I mean independent, right, 185 00:08:30,720 --> 00:08:33,080 Speaker 1: So like with everything else in life, I always tell 186 00:08:33,080 --> 00:08:35,320 Speaker 1: you where you don't got the time, you spend the money, right, 187 00:08:35,360 --> 00:08:39,320 Speaker 1: so like putting it time to learn and if you 188 00:08:39,360 --> 00:08:42,920 Speaker 1: ain't got the money, so if you're not looking at 189 00:08:42,960 --> 00:08:44,959 Speaker 1: and that's just the entrepreneur and this we know that, 190 00:08:45,040 --> 00:08:47,000 Speaker 1: you know what I mean. So it's like, if you 191 00:08:47,040 --> 00:08:49,880 Speaker 1: don't feel like learning something, you're gonna pay somebody to 192 00:08:49,920 --> 00:08:51,480 Speaker 1: do it for you, or if you want to sit 193 00:08:51,520 --> 00:08:53,560 Speaker 1: there and learning and read or do it all for yourself. 194 00:08:53,559 --> 00:08:56,280 Speaker 1: But for me, I personally just wasn't about to pay 195 00:08:56,360 --> 00:08:58,600 Speaker 1: somebody to do it. For me because I realized that 196 00:08:58,640 --> 00:09:00,080 Speaker 1: I can do it on my own, you know, and 197 00:09:00,120 --> 00:09:01,840 Speaker 1: I'm you know, I'm just one of those people that 198 00:09:01,920 --> 00:09:04,160 Speaker 1: I don't mind just doing a couple of paperwork handle 199 00:09:04,240 --> 00:09:06,200 Speaker 1: in the business and doing it didn't take no more 200 00:09:06,200 --> 00:09:08,120 Speaker 1: than maybe three hours a week out of my life. 201 00:09:08,360 --> 00:09:11,560 Speaker 1: So it's stressful, you know what I mean. It was 202 00:09:11,600 --> 00:09:14,040 Speaker 1: a lot to keep up with, but it wasn't anything 203 00:09:14,040 --> 00:09:17,079 Speaker 1: that I would consider as stressful. So yeah, I mean 204 00:09:17,080 --> 00:09:19,120 Speaker 1: I found on my own. I have a friend, like 205 00:09:19,160 --> 00:09:21,360 Speaker 1: a close friend of mine who actually, like, you know, 206 00:09:21,400 --> 00:09:23,240 Speaker 1: they were one of the inspirations as to why I 207 00:09:23,240 --> 00:09:24,760 Speaker 1: wanted to do it because I saw how well it 208 00:09:24,800 --> 00:09:26,880 Speaker 1: worked out for them, and they actually went through a 209 00:09:26,920 --> 00:09:30,120 Speaker 1: lawyer and their process was pretty much the same as mine. 210 00:09:30,160 --> 00:09:32,560 Speaker 1: I would just say that they were just less involved 211 00:09:32,720 --> 00:09:37,080 Speaker 1: than I was. Yeah, you know, I think that that's 212 00:09:37,080 --> 00:09:39,640 Speaker 1: a good point that you bother like, even though we 213 00:09:39,679 --> 00:09:42,160 Speaker 1: alre touch time. But it's just really sad because it's like, 214 00:09:42,559 --> 00:09:46,280 Speaker 1: this is why generational curses is always being passed down 215 00:09:46,320 --> 00:09:51,760 Speaker 1: because that particular generation wasn't talked about and it's just like, yo, 216 00:09:51,840 --> 00:09:53,559 Speaker 1: like you've been looking at people and you just be 217 00:09:53,679 --> 00:09:55,520 Speaker 1: like or like certain people I was looking like, damn, 218 00:09:55,520 --> 00:09:57,559 Speaker 1: like they have money. That's names like they didn't have money. 219 00:09:57,559 --> 00:10:00,480 Speaker 1: They just talk how to use their credit and how 220 00:10:00,520 --> 00:10:03,000 Speaker 1: they use their money to better themselves along the way. 221 00:10:03,520 --> 00:10:05,960 Speaker 1: And even sometimes I catch myself like, you know, like 222 00:10:06,160 --> 00:10:08,000 Speaker 1: you like, I feel like a lot of reasons why 223 00:10:08,000 --> 00:10:10,960 Speaker 1: I'm in certain situations now it's because I literally just 224 00:10:11,200 --> 00:10:12,960 Speaker 1: my back list against the wall and I had to 225 00:10:13,000 --> 00:10:14,760 Speaker 1: do what I had to do to get out that 226 00:10:14,800 --> 00:10:17,240 Speaker 1: situation at that particular time, which I know I'm paying 227 00:10:17,280 --> 00:10:20,439 Speaker 1: for it. Yeah, but it's just like why, why why 228 00:10:20,520 --> 00:10:22,720 Speaker 1: you feel like people just like you think the information 229 00:10:22,760 --> 00:10:25,040 Speaker 1: was out there for us to Yeah, I think that's that. 230 00:10:25,120 --> 00:10:27,200 Speaker 1: And I also think that it's partially like you know, 231 00:10:27,360 --> 00:10:30,080 Speaker 1: that financial discipline, So a lot of us, you know, 232 00:10:30,160 --> 00:10:32,080 Speaker 1: we make that mistake. But just I mean, and I 233 00:10:32,080 --> 00:10:34,360 Speaker 1: can speak for myself, but admittedly I went back and 234 00:10:34,400 --> 00:10:36,079 Speaker 1: made the same damn mistakes, you know what I mean. 235 00:10:36,160 --> 00:10:38,400 Speaker 1: So it's like I feel, wow, you have to tell 236 00:10:38,440 --> 00:10:40,640 Speaker 1: yourself it's enough after a while, you have to kind 237 00:10:40,640 --> 00:10:42,760 Speaker 1: of what would you consider some of your mistakes some 238 00:10:42,800 --> 00:10:45,360 Speaker 1: of my mistakes? What? And that was another thing that 239 00:10:45,400 --> 00:10:48,000 Speaker 1: I was gonna say, right, was so I was taught 240 00:10:48,080 --> 00:10:50,319 Speaker 1: a lot of things, and I love my mom to death, 241 00:10:50,559 --> 00:10:52,520 Speaker 1: but my mom taught me how to like rab Peter 242 00:10:52,600 --> 00:10:54,400 Speaker 1: pay poll, you know what I mean. My mom taught 243 00:10:54,400 --> 00:10:56,959 Speaker 1: me to get to call and then you get a 244 00:10:57,000 --> 00:10:58,480 Speaker 1: dollar and take off a dollar, but you can full 245 00:10:58,559 --> 00:11:03,120 Speaker 1: up your whole damn take So yeah, no wonder that 246 00:11:03,440 --> 00:11:06,040 Speaker 1: y'all don't do that, because honestly, that's not benefiting you. 247 00:11:06,040 --> 00:11:07,199 Speaker 1: But those are the type that was the type of 248 00:11:07,240 --> 00:11:09,439 Speaker 1: things that I would do, and those are the things 249 00:11:09,440 --> 00:11:11,000 Speaker 1: that I was taught, you know what I mean. So 250 00:11:11,360 --> 00:11:13,240 Speaker 1: or even like you know, like I said, my mistake 251 00:11:13,280 --> 00:11:15,680 Speaker 1: taking out to more student loans than what I needed 252 00:11:15,800 --> 00:11:20,200 Speaker 1: and basically not um basically not being able to really 253 00:11:20,240 --> 00:11:22,280 Speaker 1: flip that right and putting that money into something else 254 00:11:22,280 --> 00:11:25,120 Speaker 1: that can maybe make you more money. Um what else 255 00:11:25,160 --> 00:11:26,760 Speaker 1: did I make that was like, oh for me, like 256 00:11:26,800 --> 00:11:28,880 Speaker 1: the whole apartment thing that really like basically brought me 257 00:11:28,920 --> 00:11:30,719 Speaker 1: to the stage of bankruptcy because I could have, like 258 00:11:30,760 --> 00:11:33,040 Speaker 1: I didn't have crazy credit card debt and damn sure 259 00:11:33,080 --> 00:11:35,760 Speaker 1: wasn't nothing upworth of like ten dollars, so I could 260 00:11:35,760 --> 00:11:37,960 Speaker 1: have paid off the credit cards itself. But it was 261 00:11:38,000 --> 00:11:41,000 Speaker 1: really that one of me going back and forth with 262 00:11:41,000 --> 00:11:43,280 Speaker 1: that old apartment, and I think that that just came 263 00:11:43,320 --> 00:11:45,080 Speaker 1: from negligence, you know what I mean. Like a lot 264 00:11:45,120 --> 00:11:47,360 Speaker 1: of unfortunately, a lot of brown people, we don't like 265 00:11:47,360 --> 00:11:49,400 Speaker 1: to deal with courts. We don't like to deal with paperwork. 266 00:11:49,440 --> 00:11:51,079 Speaker 1: We like to deal with systems. We don't like to 267 00:11:51,160 --> 00:11:53,160 Speaker 1: deal with nothing. And not for nothing, these white people 268 00:11:53,160 --> 00:11:55,440 Speaker 1: will weigh you down. They all put system as fun. 269 00:11:56,320 --> 00:11:58,960 Speaker 1: They don't give up, they don't get tired. And for us, 270 00:11:58,960 --> 00:12:01,120 Speaker 1: we get time. We've been you know what, I don't 271 00:12:01,120 --> 00:12:03,079 Speaker 1: got time. You know, we get tired because we got 272 00:12:03,080 --> 00:12:06,720 Speaker 1: so much. Also, like you know me, I'm big into 273 00:12:06,760 --> 00:12:08,960 Speaker 1: the theory of evolutions, like things like our brain, our 274 00:12:09,080 --> 00:12:10,880 Speaker 1: mindset got just more and I'm like, I ain't got 275 00:12:10,880 --> 00:12:12,880 Speaker 1: time for that girl, sit down, you know what I mean. Like, 276 00:12:12,960 --> 00:12:15,720 Speaker 1: but that's not being more persistent and more passionate about 277 00:12:15,720 --> 00:12:18,080 Speaker 1: certain things. I guess. So they just, you know, they 278 00:12:18,080 --> 00:12:19,880 Speaker 1: didn't get tired, and I was just like, you know what, 279 00:12:20,360 --> 00:12:23,280 Speaker 1: I am tired. A lot of it just became negligence. Um. 280 00:12:23,320 --> 00:12:25,040 Speaker 1: So the number one thing that I would say is 281 00:12:25,040 --> 00:12:29,600 Speaker 1: and don't neglect, like always reach out, always call, always 282 00:12:29,640 --> 00:12:31,320 Speaker 1: tell them like oh, I'm gonna do this something like 283 00:12:31,480 --> 00:12:37,160 Speaker 1: always asks to communication, always ready deference in communication with them. 284 00:12:37,160 --> 00:12:39,760 Speaker 1: Because even a few of the credit cards, after I realized, 285 00:12:40,000 --> 00:12:42,680 Speaker 1: a few of the credit cards even allowed me to 286 00:12:43,400 --> 00:12:45,640 Speaker 1: um like had like it was one point during that 287 00:12:45,679 --> 00:12:49,079 Speaker 1: period where I lost my job and when I was 288 00:12:49,160 --> 00:12:51,720 Speaker 1: laid off, it was an opportunity for me to like 289 00:12:51,760 --> 00:12:53,280 Speaker 1: apply with the credit cards and tell them that I 290 00:12:53,280 --> 00:12:55,160 Speaker 1: would laid off and they wouldn't make me pay anything 291 00:12:55,160 --> 00:12:57,040 Speaker 1: for like three months. And how do I like to 292 00:12:57,120 --> 00:12:59,680 Speaker 1: utilize that I knew it in some way, shape or form. 293 00:12:59,720 --> 00:13:02,720 Speaker 1: I just wasn't utilizing all my resources. So for one, 294 00:13:03,080 --> 00:13:07,160 Speaker 1: utilizing all your resources and really to like not being negligent, 295 00:13:07,280 --> 00:13:09,120 Speaker 1: like making sure that you are staying on top of 296 00:13:09,160 --> 00:13:11,280 Speaker 1: things and not just letting it kind of go by 297 00:13:11,280 --> 00:13:14,880 Speaker 1: the wayside, because that's just not gonna do anything for nobody. 298 00:13:15,679 --> 00:13:18,360 Speaker 1: And I also think that because since money and talking 299 00:13:18,360 --> 00:13:22,600 Speaker 1: about finances it's such a personal like it's a conversation 300 00:13:22,640 --> 00:13:25,679 Speaker 1: that we need to have more. I also think that 301 00:13:25,720 --> 00:13:28,360 Speaker 1: by talking to other people that are in similar situations 302 00:13:28,480 --> 00:13:32,480 Speaker 1: or that know somebody similar situations can help definitely, because 303 00:13:32,520 --> 00:13:35,080 Speaker 1: it's because it's like maybe it's I mean, everybody's not 304 00:13:35,080 --> 00:13:37,320 Speaker 1: gonna always come for you, but for those who will, 305 00:13:37,880 --> 00:13:43,880 Speaker 1: they like listen, so they be like he was really 306 00:13:43,920 --> 00:13:45,679 Speaker 1: the one that kind of like told me like, yo, 307 00:13:45,800 --> 00:13:47,320 Speaker 1: you know, like this is how we do it, this 308 00:13:47,360 --> 00:13:49,040 Speaker 1: is that, and like he was sharing with me his 309 00:13:49,120 --> 00:13:52,000 Speaker 1: journey and how much his numbers were increasing while I 310 00:13:52,120 --> 00:13:55,240 Speaker 1: was going through it, and that kind of like for me, 311 00:13:55,480 --> 00:13:57,040 Speaker 1: So it was like easy for me to be able 312 00:13:57,080 --> 00:13:59,200 Speaker 1: to call him like, hey, you know, did you do this? 313 00:13:59,280 --> 00:14:01,199 Speaker 1: Did you do that? You know, like how did that work? 314 00:14:01,400 --> 00:14:03,480 Speaker 1: And that really helped me out. And then also I 315 00:14:03,480 --> 00:14:05,600 Speaker 1: think that a lot of us were so proud and 316 00:14:05,640 --> 00:14:07,840 Speaker 1: we're so used to not telling people our business and 317 00:14:07,840 --> 00:14:10,360 Speaker 1: this one don't need to know how much we make, etcetera, etcetera. 318 00:14:10,720 --> 00:14:13,040 Speaker 1: But it was real like these are the type of 319 00:14:13,040 --> 00:14:14,760 Speaker 1: people you need to get next to your accountant so 320 00:14:14,800 --> 00:14:16,640 Speaker 1: that ship could be damn near free for you. Like 321 00:14:16,679 --> 00:14:18,679 Speaker 1: that's what I'm looking for. I'm gonna give us somebody 322 00:14:18,679 --> 00:14:20,520 Speaker 1: that's gonna tell you. But you know what's so funny, 323 00:14:20,680 --> 00:14:22,720 Speaker 1: there's loopholes. What you think that they're discussing at the 324 00:14:22,760 --> 00:14:26,200 Speaker 1: Denter table, they're talking about it. They're definitely talking about it. 325 00:14:26,240 --> 00:14:27,960 Speaker 1: So when they had that dentner table talking about it, 326 00:14:28,080 --> 00:14:29,800 Speaker 1: you you want to have your dinner table to be 327 00:14:29,840 --> 00:14:31,400 Speaker 1: the same way. You want to learn about the different 328 00:14:31,400 --> 00:14:34,120 Speaker 1: loopholes and the taxes and all of that stuff. And 329 00:14:34,120 --> 00:14:37,040 Speaker 1: that's why I'm always just open to like, yo, my classes, 330 00:14:37,320 --> 00:14:39,400 Speaker 1: I teach college, and it's so amazing how much I 331 00:14:39,520 --> 00:14:42,040 Speaker 1: go off from not on the curriculum, you know what 332 00:14:42,120 --> 00:14:44,680 Speaker 1: I mean being amazed because in the day, your day 333 00:14:44,720 --> 00:14:46,720 Speaker 1: to day on what you really need to know it is. 334 00:14:46,760 --> 00:14:48,880 Speaker 1: It's not what's in a textbook, and it's not really 335 00:14:48,960 --> 00:14:51,560 Speaker 1: probably what your parents taught you. It's really like, how 336 00:14:51,600 --> 00:14:54,080 Speaker 1: can I use what I have and utilize my resources 337 00:14:54,120 --> 00:14:55,760 Speaker 1: to take myself to the next level and to the 338 00:14:55,760 --> 00:14:58,160 Speaker 1: next level and take the next level. And that's really 339 00:14:58,160 --> 00:15:01,200 Speaker 1: what it's And I also feel like if you can't 340 00:15:01,240 --> 00:15:06,160 Speaker 1: have a genuine conversation about to someone about certain situations 341 00:15:06,200 --> 00:15:08,240 Speaker 1: that are like very like that's weighing on you, you 342 00:15:08,280 --> 00:15:11,480 Speaker 1: only have the person worn because I just feel like 343 00:15:11,680 --> 00:15:14,320 Speaker 1: that's a friend. Like when I found out about the situation, 344 00:15:14,400 --> 00:15:16,320 Speaker 1: I was just so intrigued because I'm like, dangn like 345 00:15:17,680 --> 00:15:19,680 Speaker 1: this might be an option for me because at the 346 00:15:19,760 --> 00:15:21,720 Speaker 1: end of the day. We're all trying to figure things out, 347 00:15:21,760 --> 00:15:24,600 Speaker 1: and everybody is a paycheck away from being homes if 348 00:15:24,640 --> 00:15:26,960 Speaker 1: you really, if you really just want to keep it real. 349 00:15:27,000 --> 00:15:28,560 Speaker 1: And I think that a lot of people are not 350 00:15:28,600 --> 00:15:30,720 Speaker 1: having these on this conversations because, like you said, they 351 00:15:30,720 --> 00:15:34,120 Speaker 1: are prideful. Yeah, And I mean you got Twitter and 352 00:15:34,160 --> 00:15:35,840 Speaker 1: all of that talking about yeah, because you want to 353 00:15:35,840 --> 00:15:38,240 Speaker 1: show your best life. And you know what's so funny 354 00:15:38,440 --> 00:15:42,040 Speaker 1: why and it's not about you're bad, Like, it's not 355 00:15:42,080 --> 00:15:44,240 Speaker 1: about how rich you are, how much you got, you 356 00:15:44,240 --> 00:15:45,880 Speaker 1: know what I mean? Like because even it was one 357 00:15:45,880 --> 00:15:50,200 Speaker 1: point where, um, you know, I went to bankruptcy. I 358 00:15:50,240 --> 00:15:52,760 Speaker 1: was in bankruptcy and I had took a trip. And 359 00:15:53,040 --> 00:15:54,600 Speaker 1: what do you mean by you was in bankrupt I 360 00:15:54,720 --> 00:15:56,920 Speaker 1: was going through my bankruptcy. So when you're in bankruptcy 361 00:15:57,000 --> 00:15:59,760 Speaker 1: that things like you can still be filed. Um, you 362 00:16:00,000 --> 00:16:01,920 Speaker 1: out the bankruptcy, it just takes maybe two or three 363 00:16:01,960 --> 00:16:04,720 Speaker 1: months for you to actually discharge discharge, meaning that you're 364 00:16:04,760 --> 00:16:07,160 Speaker 1: really of all of your debts. So for me, I 365 00:16:07,200 --> 00:16:09,760 Speaker 1: filed chapter seven because like that I don't I don't 366 00:16:09,840 --> 00:16:12,680 Speaker 1: own any like assets or anything. So I found regular 367 00:16:12,760 --> 00:16:15,080 Speaker 1: chapter seven, which basically just relieved me of all my 368 00:16:15,160 --> 00:16:20,960 Speaker 1: debts except for taxes and student loans. Okay, perfect. And 369 00:16:21,000 --> 00:16:23,200 Speaker 1: so when you do that. So in the period of 370 00:16:23,200 --> 00:16:24,840 Speaker 1: why I did that, I had like went on a 371 00:16:24,960 --> 00:16:27,000 Speaker 1: on a trip, and you know, like people are like, oh, 372 00:16:27,040 --> 00:16:28,760 Speaker 1: you get money, you're doing this, you're doing that, and 373 00:16:28,840 --> 00:16:31,800 Speaker 1: I'm like, little dude, you know, like my international trip 374 00:16:31,840 --> 00:16:33,240 Speaker 1: and I went to Paris at the time. But my 375 00:16:33,280 --> 00:16:36,760 Speaker 1: international trip literally cost me like nothing, you know what 376 00:16:36,760 --> 00:16:38,840 Speaker 1: I mean, Like and not as much as what like 377 00:16:38,920 --> 00:16:40,640 Speaker 1: it coused me the same amount that it coursed you 378 00:16:40,680 --> 00:16:42,480 Speaker 1: to go to Miami when you out there stuffing and 379 00:16:42,520 --> 00:16:44,520 Speaker 1: doing all these things, like and it was like it 380 00:16:44,560 --> 00:16:46,600 Speaker 1: was a great cultural trip. I learned a lot. And 381 00:16:46,640 --> 00:16:47,760 Speaker 1: at the end of the day, it didn't mean that 382 00:16:47,800 --> 00:16:49,880 Speaker 1: I was just because I found bankruptcy. I didn't say 383 00:16:49,920 --> 00:16:51,840 Speaker 1: I was broke. I didn't tell you I was broke, 384 00:16:51,920 --> 00:16:54,240 Speaker 1: you know what I mean? Like that basically that it 385 00:16:54,280 --> 00:16:56,800 Speaker 1: was harder for me to file bankruptcys and to actually 386 00:16:56,800 --> 00:16:58,640 Speaker 1: pay for my debts, you know what I mean. Why 387 00:16:58,680 --> 00:17:00,960 Speaker 1: would I want to pay for an old phone bill 388 00:17:01,080 --> 00:17:04,760 Speaker 1: that's up there three thousand dollars that's someone done charge 389 00:17:04,800 --> 00:17:07,760 Speaker 1: me for a phone that I probably never even used. 390 00:17:07,800 --> 00:17:10,399 Speaker 1: And for some service that they say you canceled early 391 00:17:10,440 --> 00:17:12,399 Speaker 1: and they charge you tend to like, why would I 392 00:17:12,400 --> 00:17:14,439 Speaker 1: even want to pay that back? Like let's really like 393 00:17:14,480 --> 00:17:17,000 Speaker 1: think about the grand scheme of things and there's Verizon 394 00:17:17,119 --> 00:17:19,160 Speaker 1: or Seemobile or whoever it is that you owe. Are 395 00:17:19,200 --> 00:17:21,680 Speaker 1: they really missing that money? No, they're not. Nine times 396 00:17:21,720 --> 00:17:23,160 Speaker 1: of the tend they don't rote it off on their 397 00:17:23,160 --> 00:17:26,440 Speaker 1: taxes already, so they're not missing it, you know what 398 00:17:26,480 --> 00:17:28,320 Speaker 1: I mean? And I think that when we empower ourselves 399 00:17:28,320 --> 00:17:30,399 Speaker 1: to really know some of these things is when we 400 00:17:30,400 --> 00:17:33,240 Speaker 1: can really look at it and make smarter decisions and say, 401 00:17:33,440 --> 00:17:35,119 Speaker 1: you know, like, yo, this is something that I know 402 00:17:35,200 --> 00:17:36,960 Speaker 1: I need to take my time and pay. And maybe 403 00:17:36,960 --> 00:17:38,760 Speaker 1: this is something that I need to negotiate on or 404 00:17:38,800 --> 00:17:41,199 Speaker 1: not pay or you know, find another way for me 405 00:17:41,240 --> 00:17:44,280 Speaker 1: to like even some people some people. And one of 406 00:17:44,320 --> 00:17:46,320 Speaker 1: the things that I learned, something that I learned through 407 00:17:46,560 --> 00:17:49,359 Speaker 1: the bankruptcy is like taking on more debt, taking on 408 00:17:49,480 --> 00:17:52,320 Speaker 1: cheaper debt to pay off your current debt. So like 409 00:17:52,359 --> 00:17:55,960 Speaker 1: if I have if I or if I have credit 410 00:17:55,960 --> 00:17:57,560 Speaker 1: card bills that I need to pay, and all of 411 00:17:57,560 --> 00:17:59,320 Speaker 1: my credit card bills, the A P. Rs are like 412 00:17:59,440 --> 00:18:02,040 Speaker 1: upwards up any percent. I can just simply go for 413 00:18:02,119 --> 00:18:04,720 Speaker 1: a personal loan and the personal loan is probably four 414 00:18:04,760 --> 00:18:07,639 Speaker 1: percent five percent, right, and get the personal loan to 415 00:18:07,640 --> 00:18:09,760 Speaker 1: pay off all of those credit cards, and that way 416 00:18:09,800 --> 00:18:12,240 Speaker 1: I'm only paying one source with one with a way 417 00:18:12,280 --> 00:18:15,680 Speaker 1: lower interest rate. Why would you want to? And people 418 00:18:15,760 --> 00:18:18,280 Speaker 1: even do that with credit card balance transfers. Put all 419 00:18:18,320 --> 00:18:21,080 Speaker 1: of your balances onto your lowest credit card account, whatever 420 00:18:21,160 --> 00:18:23,280 Speaker 1: one has the lowest balance, or I mean not the 421 00:18:23,320 --> 00:18:25,919 Speaker 1: lowest balance, the lowest APR. You need to transfer your 422 00:18:25,920 --> 00:18:29,240 Speaker 1: balances to that account so that you're only paying the 423 00:18:29,280 --> 00:18:33,679 Speaker 1: lowest APR. Why would you want to? I mean so 424 00:18:33,720 --> 00:18:35,879 Speaker 1: many of us just don't realize that. Like, since I 425 00:18:35,960 --> 00:18:38,439 Speaker 1: filed bankruptcy, I've learned so much and I've just started 426 00:18:38,440 --> 00:18:41,800 Speaker 1: putting so many different money practices into my routine, like 427 00:18:42,119 --> 00:18:45,560 Speaker 1: another thing that somebody taught me. So you know, we're 428 00:18:45,560 --> 00:18:48,160 Speaker 1: all in the rat race for like versus rent versus 429 00:18:48,160 --> 00:18:50,119 Speaker 1: our paycheck. Right, So let's say if you get a paycheck, 430 00:18:50,160 --> 00:18:52,080 Speaker 1: if your paycheck don't come to like the sixth or 431 00:18:52,119 --> 00:18:54,120 Speaker 1: the seventh or whatever the case is, and you gotta 432 00:18:54,160 --> 00:18:56,119 Speaker 1: pay rent on the first, right, like you feel like 433 00:18:56,160 --> 00:18:58,600 Speaker 1: you're always like making sure that you have enough money 434 00:18:58,600 --> 00:19:00,240 Speaker 1: to be able to pay by the time that that 435 00:19:00,320 --> 00:19:04,240 Speaker 1: date comes. Right. Well, so people do. People who have 436 00:19:04,359 --> 00:19:07,840 Speaker 1: great credit and good income um. And they don't even 437 00:19:07,840 --> 00:19:09,480 Speaker 1: have to be rich. I'm not even talking about rich. 438 00:19:09,480 --> 00:19:13,160 Speaker 1: I'm just talking about people with okay credit and steady income. UM. 439 00:19:13,200 --> 00:19:16,040 Speaker 1: They take out a loan. Let's say it's like, so 440 00:19:16,359 --> 00:19:19,160 Speaker 1: you're your your your rent for the year maybe twenty 441 00:19:19,200 --> 00:19:21,480 Speaker 1: five dollars if you live in New York City. Right, 442 00:19:21,880 --> 00:19:23,200 Speaker 1: So you live in New York City, you're rent for 443 00:19:23,240 --> 00:19:25,320 Speaker 1: the years twenty five thousand dollars. They'll take out a 444 00:19:25,320 --> 00:19:29,000 Speaker 1: loan for twenty five dollars pay their and that way 445 00:19:29,080 --> 00:19:31,399 Speaker 1: they're only paying the loan. You don't have to worry 446 00:19:31,400 --> 00:19:34,199 Speaker 1: about a landlord over your head or you don't have 447 00:19:34,240 --> 00:19:36,400 Speaker 1: to wear but and mind you that loan doesn't even 448 00:19:36,440 --> 00:19:38,080 Speaker 1: have to be for a year. That loan can maybe 449 00:19:38,080 --> 00:19:40,280 Speaker 1: be for two years, and you're paying a little bit less, 450 00:19:40,320 --> 00:19:42,359 Speaker 1: you know what I mean, Like you can stand your 451 00:19:42,480 --> 00:19:45,840 Speaker 1: finances once you and for me, the biggest empowerment is 452 00:19:45,880 --> 00:19:48,879 Speaker 1: knowing your access to capital. Once you know you have 453 00:19:48,920 --> 00:19:51,320 Speaker 1: a certain access to capital, you can go anywhere from there, 454 00:19:51,359 --> 00:19:52,840 Speaker 1: you know what I mean. You can manipulate the game 455 00:19:52,880 --> 00:19:54,600 Speaker 1: however as much as you want, you know what I mean. 456 00:19:54,960 --> 00:19:57,520 Speaker 1: But it's about knowing what type of credit you have 457 00:19:57,640 --> 00:19:59,600 Speaker 1: and what type of access to capital do you have? 458 00:19:59,720 --> 00:20:01,840 Speaker 1: Can I take our parstional loans? Do I have access 459 00:20:01,840 --> 00:20:03,919 Speaker 1: to credit cards? You know? And what can I do 460 00:20:04,000 --> 00:20:07,919 Speaker 1: with them? So how do you feel about because I 461 00:20:07,960 --> 00:20:10,040 Speaker 1: know we touched on this before, and me and you 462 00:20:10,080 --> 00:20:12,840 Speaker 1: talked about this a lot of times about these credit 463 00:20:12,840 --> 00:20:17,320 Speaker 1: rey payer companies and like, yeah, paying them to help 464 00:20:17,359 --> 00:20:19,640 Speaker 1: you out, Like do you think do you think it's 465 00:20:19,680 --> 00:20:22,560 Speaker 1: sometimes always work? Yeah? I think it goes like the 466 00:20:22,680 --> 00:20:25,560 Speaker 1: time versus money thing, right, like it's nothing and I 467 00:20:25,720 --> 00:20:28,160 Speaker 1: and it's also like for one, read your reviews right 468 00:20:28,240 --> 00:20:32,120 Speaker 1: because not but credit because I feel like everybody has 469 00:20:32,119 --> 00:20:35,439 Speaker 1: a quid. It's definitely one of those industries where you know, 470 00:20:35,480 --> 00:20:37,480 Speaker 1: everybody trying to get in what they saying. And you 471 00:20:37,520 --> 00:20:41,359 Speaker 1: know that's fine. You know, that's different jokes for different folks. 472 00:20:41,359 --> 00:20:44,199 Speaker 1: That's that's cool. They won't on that. But I do 473 00:20:44,320 --> 00:20:46,840 Speaker 1: think that if you want to do it, so again, 474 00:20:46,880 --> 00:20:49,200 Speaker 1: it's that time versus money if you don't, and and 475 00:20:49,400 --> 00:20:52,359 Speaker 1: it's about how knowledgeable you are. So for me, I 476 00:20:52,359 --> 00:20:54,600 Speaker 1: feel like I'm in a position where I would maybe 477 00:20:54,640 --> 00:20:57,040 Speaker 1: not now, but maybe on Like if I started the 478 00:20:57,040 --> 00:20:58,520 Speaker 1: process and then it was a little bit of loose 479 00:20:58,520 --> 00:21:00,359 Speaker 1: sense I need to tie up, I would hire someone 480 00:21:00,400 --> 00:21:02,520 Speaker 1: to do it because I'm a busy person. Our own 481 00:21:02,560 --> 00:21:05,200 Speaker 1: businesses I have, like you know, I'm teaching during the day, 482 00:21:05,240 --> 00:21:07,960 Speaker 1: like I have a lot going on, And no, I 483 00:21:08,000 --> 00:21:10,920 Speaker 1: don't physically need to be you know, printing out papers 484 00:21:10,960 --> 00:21:13,160 Speaker 1: and mailing this and doing that and doing that. But 485 00:21:13,320 --> 00:21:16,280 Speaker 1: I'm knowledgeable about enough about the field that I can 486 00:21:16,320 --> 00:21:18,399 Speaker 1: tell if somebody else was making a mistake, you know 487 00:21:18,400 --> 00:21:21,320 Speaker 1: what I mean. So for me, I think that because 488 00:21:21,400 --> 00:21:24,080 Speaker 1: if you are gonna pay somebody, you know that you 489 00:21:24,119 --> 00:21:26,520 Speaker 1: are well versed. I want to do that you know 490 00:21:26,680 --> 00:21:29,240 Speaker 1: the process that you understand, you know what I mean, 491 00:21:29,280 --> 00:21:31,760 Speaker 1: Like like what is this? Like what are your rights 492 00:21:31,840 --> 00:21:34,200 Speaker 1: as a consumer? The first thing that you definitely need 493 00:21:34,240 --> 00:21:36,800 Speaker 1: to always know is that, like really know when you're 494 00:21:36,880 --> 00:21:38,960 Speaker 1: right as a consumer, And that's really what's gonna help 495 00:21:38,960 --> 00:21:42,719 Speaker 1: you navigating the process way better than any credit repair company, 496 00:21:42,760 --> 00:21:45,159 Speaker 1: because really all the credit repair company is doing is 497 00:21:45,200 --> 00:21:49,159 Speaker 1: automating a lot of these processes. You know, it is 498 00:21:49,280 --> 00:21:51,040 Speaker 1: the same lazy ship that you don't feel like do 499 00:21:51,040 --> 00:21:54,920 Speaker 1: when they're automating it. So what process are you in now? 500 00:21:55,359 --> 00:21:58,399 Speaker 1: Like is it? Are you finishing? Finished with things? See? 501 00:21:58,800 --> 00:22:03,959 Speaker 1: Um I am I'm done. Um I am currently in 502 00:22:04,040 --> 00:22:06,600 Speaker 1: my sort of rebuilding process. I mean, like so much 503 00:22:06,680 --> 00:22:09,359 Speaker 1: has been looking up for me, like I you know 504 00:22:09,440 --> 00:22:14,000 Speaker 1: I said it now, Um, I'm actually just And does 505 00:22:14,000 --> 00:22:18,480 Speaker 1: your credit get wipe away? No? Not really right Like, 506 00:22:18,720 --> 00:22:20,720 Speaker 1: that's a not good question. It doesn't get wiped away. 507 00:22:20,760 --> 00:22:23,159 Speaker 1: Some of the accounts on there gets wiped away, but 508 00:22:23,240 --> 00:22:26,760 Speaker 1: not all of them would get completely wiped away, right right, 509 00:22:28,800 --> 00:22:31,639 Speaker 1: Taxes would still be on there. Um, you know things 510 00:22:31,640 --> 00:22:34,280 Speaker 1: like that. I actually just negotiated, like paying my student 511 00:22:34,320 --> 00:22:36,280 Speaker 1: loans to get at the lowest rate like I've ever 512 00:22:36,280 --> 00:22:38,640 Speaker 1: seen it to be for me in my life, right like. 513 00:22:38,880 --> 00:22:40,560 Speaker 1: And it's weird because I make the most that I've 514 00:22:40,560 --> 00:22:42,200 Speaker 1: probably ever made in my life and now I'm paying 515 00:22:42,200 --> 00:22:44,600 Speaker 1: the less the least for student loans. But I'm gonna 516 00:22:44,640 --> 00:22:48,640 Speaker 1: ride that all for the next year. Um, so doing that, 517 00:22:49,000 --> 00:22:50,640 Speaker 1: and you know I have access, I have a few 518 00:22:50,680 --> 00:22:53,240 Speaker 1: credit cards. So for me, my journey is I'm in 519 00:22:53,280 --> 00:22:56,440 Speaker 1: the stage of where I'm rebuilding. My credit score is definitely, 520 00:22:56,720 --> 00:22:59,119 Speaker 1: you know, in the six hundreds, and this is the 521 00:22:59,200 --> 00:23:03,320 Speaker 1: highest ever. And for me, I've always been like six 522 00:23:03,359 --> 00:23:06,520 Speaker 1: seventies six, I mean seven, five eighty five, five seventy, 523 00:23:06,600 --> 00:23:08,960 Speaker 1: you know, five seventy five. So now that I'm getting 524 00:23:08,960 --> 00:23:11,639 Speaker 1: in like sick thirties and stuff like, I'm excited and 525 00:23:11,640 --> 00:23:14,600 Speaker 1: I want to continue to build on that um For me, 526 00:23:14,680 --> 00:23:17,000 Speaker 1: I'm just doing two things. I'm one in the project 527 00:23:17,119 --> 00:23:20,520 Speaker 1: of removing all of those accounts that say is in bankruptcy, 528 00:23:20,880 --> 00:23:23,959 Speaker 1: and for two, in about a few months, I'm actually 529 00:23:24,000 --> 00:23:26,440 Speaker 1: gonna try to fight the bankruptcy and get it removed 530 00:23:26,560 --> 00:23:28,840 Speaker 1: from my credit as if it never happened. A lot 531 00:23:28,840 --> 00:23:30,800 Speaker 1: of people don't know that you can. But you can't 532 00:23:30,800 --> 00:23:33,639 Speaker 1: do that. So but why would you want to do that? 533 00:23:33,800 --> 00:23:36,800 Speaker 1: Because I don't want anybody. I wouldn't want my creditors. 534 00:23:36,920 --> 00:23:38,600 Speaker 1: So at the end of the day, if I want 535 00:23:38,600 --> 00:23:39,960 Speaker 1: to go for a home loan, I would have to 536 00:23:39,960 --> 00:23:41,720 Speaker 1: wait two years to get a f A J long. 537 00:23:41,920 --> 00:23:43,280 Speaker 1: I don't want to wait two years. I want to 538 00:23:43,280 --> 00:23:46,440 Speaker 1: get one next year so I can get the bankruptcy 539 00:23:46,480 --> 00:23:48,119 Speaker 1: removed to where it looks like I didn't get it, 540 00:23:48,200 --> 00:23:50,480 Speaker 1: then predators will want to would be more opted to 541 00:23:50,480 --> 00:23:52,120 Speaker 1: want to give me money, you know what I mean, 542 00:23:52,320 --> 00:23:57,359 Speaker 1: especially when it comes to a mortgage. Mm hm. You 543 00:23:57,440 --> 00:23:59,800 Speaker 1: know that's why we gotta have these conversations, man, because 544 00:24:00,040 --> 00:24:08,240 Speaker 1: our loop pose. Yeah, I know, definitely, like seriously like 545 00:24:08,400 --> 00:24:11,760 Speaker 1: Jesus Christ, like you can work the system and still 546 00:24:11,800 --> 00:24:14,840 Speaker 1: have everything work out on your favor. Crazy, Yeah, I 547 00:24:14,880 --> 00:24:17,199 Speaker 1: think that that's just something that we all just gotta like, 548 00:24:17,280 --> 00:24:19,640 Speaker 1: you know, just peep and look at and just realize 549 00:24:19,720 --> 00:24:22,760 Speaker 1: like you're not alone in your journey and tons of 550 00:24:22,800 --> 00:24:25,200 Speaker 1: people go through. It's just figuring out like how are 551 00:24:25,240 --> 00:24:27,560 Speaker 1: you going to maneuver, you know, to get out of 552 00:24:27,560 --> 00:24:29,840 Speaker 1: your situation and what what is the way, like how 553 00:24:29,880 --> 00:24:31,960 Speaker 1: can you inform yourself? I think that the best thing, 554 00:24:32,160 --> 00:24:35,640 Speaker 1: the best things I've ever done was read financial books. 555 00:24:35,760 --> 00:24:39,320 Speaker 1: Um one of them financial books, Poor Dad is always 556 00:24:39,400 --> 00:24:42,199 Speaker 1: my favorite. It's talking about mindset. It always changes your 557 00:24:42,240 --> 00:24:49,600 Speaker 1: mindset on how you think. By Robert Kayasaki. Um. I 558 00:24:49,680 --> 00:24:52,439 Speaker 1: always either either and I go back and forth in 559 00:24:52,480 --> 00:24:55,240 Speaker 1: my recommendations with for students, but it's either between like 560 00:24:55,320 --> 00:24:59,840 Speaker 1: think and grow rich against um the richest man in 561 00:25:00,000 --> 00:25:03,800 Speaker 1: have them on very simple, very very simple practices. But 562 00:25:04,119 --> 00:25:07,800 Speaker 1: I think I read about it was about or something. Yes, 563 00:25:08,760 --> 00:25:12,480 Speaker 1: I didn't read it, but I heard about financial discipline. 564 00:25:12,640 --> 00:25:14,840 Speaker 1: So many of us was not raised with that financial 565 00:25:14,840 --> 00:25:17,439 Speaker 1: discipline because we didn't have money to learn it, you 566 00:25:17,480 --> 00:25:18,840 Speaker 1: know what I mean, Like our prear rents. We didn't 567 00:25:18,880 --> 00:25:21,280 Speaker 1: We didn't have garage shales and the projects. So how 568 00:25:21,280 --> 00:25:22,800 Speaker 1: the hell it was that we didn't have lemonade stand 569 00:25:22,840 --> 00:25:25,080 Speaker 1: So how the hell was I supposed to learn? You know? Oh? 570 00:25:25,119 --> 00:25:29,840 Speaker 1: If I selled this and learning, I had to buy 571 00:25:29,840 --> 00:25:33,280 Speaker 1: stuff on impulse because it's exactly right. So those are 572 00:25:33,440 --> 00:25:35,760 Speaker 1: all things that I think that the richest man in Babylon. 573 00:25:35,800 --> 00:25:38,080 Speaker 1: It really reminds me because I read it every now 574 00:25:38,200 --> 00:25:41,200 Speaker 1: and then, you know, every two years. Yeah, it really 575 00:25:41,200 --> 00:25:43,960 Speaker 1: reminds me about financial discipline. And then my last one, 576 00:25:44,080 --> 00:25:45,879 Speaker 1: the most recent one that I read, and I forget 577 00:25:45,920 --> 00:25:49,920 Speaker 1: the author, but it's called The Automatic Millennial. It's so good. 578 00:25:49,960 --> 00:25:53,439 Speaker 1: He basically just talked about that one. Everything at it, 579 00:25:53,600 --> 00:25:56,560 Speaker 1: so like you know, you're four on one ky matching 580 00:25:56,600 --> 00:25:59,320 Speaker 1: it to the fullest, you know, your you know, traditional 581 00:25:59,400 --> 00:26:01,800 Speaker 1: y a um. He talks about like how do you 582 00:26:02,080 --> 00:26:04,560 Speaker 1: how do you save and invest for the future and 583 00:26:04,680 --> 00:26:06,359 Speaker 1: like what do you want to do? And it was 584 00:26:06,400 --> 00:26:08,359 Speaker 1: a really good book. I put a lot, I changed 585 00:26:08,440 --> 00:26:10,120 Speaker 1: up a lot of things, like I help my phone 586 00:26:10,119 --> 00:26:12,120 Speaker 1: one ky, I have to reading that book. I did 587 00:26:12,160 --> 00:26:14,720 Speaker 1: so many new things after reading that book. So that 588 00:26:14,840 --> 00:26:17,040 Speaker 1: was something I definitely like a little little fire into 589 00:26:17,080 --> 00:26:21,040 Speaker 1: my butt. No, you know what's so funny because I 590 00:26:21,040 --> 00:26:23,679 Speaker 1: definitely raised my for one K because I'm like, for 591 00:26:23,680 --> 00:26:25,680 Speaker 1: those who don't know, like I'm really trying to quit 592 00:26:25,720 --> 00:26:29,200 Speaker 1: my job. So in order for me to quit my job, 593 00:26:29,520 --> 00:26:32,719 Speaker 1: I have And it's so funny because like clip Vision 594 00:26:33,359 --> 00:26:36,560 Speaker 1: perfect like site, so like it's no better time. I 595 00:26:36,600 --> 00:26:38,199 Speaker 1: know what my end date is. I'm not gonna say 596 00:26:38,240 --> 00:26:40,000 Speaker 1: because you want to put things out of the universe ship, 597 00:26:40,760 --> 00:26:45,240 Speaker 1: but um, I literally broke down how much I need 598 00:26:45,280 --> 00:26:47,960 Speaker 1: to say per month because I'm trying to do I 599 00:26:47,960 --> 00:26:49,320 Speaker 1: want to say with something of the Mounts. I broke 600 00:26:49,400 --> 00:26:52,040 Speaker 1: up how much any said per day. And it's like 601 00:26:53,400 --> 00:26:57,280 Speaker 1: it's game time, Like you really have to be disciplined, 602 00:26:57,359 --> 00:26:59,240 Speaker 1: like and I'm not saying you have to start yourself 603 00:26:59,320 --> 00:27:01,480 Speaker 1: like a little things here in your life. You know 604 00:27:01,480 --> 00:27:03,159 Speaker 1: what thingsen's gonna make you happy because at the end 605 00:27:03,160 --> 00:27:05,600 Speaker 1: of the day, you've gotta make yourself happy because you're 606 00:27:05,720 --> 00:27:09,600 Speaker 1: working hard to make yourself happy. A long but but 607 00:27:09,720 --> 00:27:15,520 Speaker 1: all that like unnecessary shopping, going out, drinking, enow, getting 608 00:27:15,520 --> 00:27:18,200 Speaker 1: your nails Doneunderstand that, like you're gonna have to come 609 00:27:18,240 --> 00:27:22,560 Speaker 1: back somehow, some way if you want to lose financial 610 00:27:22,600 --> 00:27:25,920 Speaker 1: freakout your journey. Like yo, you really don't know yourself 611 00:27:26,040 --> 00:27:29,320 Speaker 1: until like you literally out here as a grown ass 612 00:27:29,320 --> 00:27:33,320 Speaker 1: person with no no credit and no bank account and 613 00:27:33,400 --> 00:27:35,679 Speaker 1: no way to be able to rock people. So I 614 00:27:35,680 --> 00:27:38,120 Speaker 1: had depended on Robin Peter to pay Paul for so long. 615 00:27:38,400 --> 00:27:43,080 Speaker 1: But when Peter girl, so it was no way to me. 616 00:27:43,920 --> 00:27:50,640 Speaker 1: When was Peter, what was he was going nothing? There 617 00:27:50,680 --> 00:27:52,920 Speaker 1: was no Peter to rock. So I had to continue 618 00:27:52,920 --> 00:27:54,919 Speaker 1: to pay Paul simply just out of my check. And 619 00:27:54,920 --> 00:27:57,640 Speaker 1: it was really the true definition of me learning paycheck. 620 00:27:57,720 --> 00:27:59,720 Speaker 1: But while I was on bankruptcy, I state the most 621 00:27:59,720 --> 00:28:02,840 Speaker 1: money that I was ever already ever able to say, like, 622 00:28:02,920 --> 00:28:05,520 Speaker 1: I really proved to myself that I can do it. 623 00:28:05,800 --> 00:28:08,439 Speaker 1: And I think that also the fact that I fouled myself. 624 00:28:08,480 --> 00:28:10,199 Speaker 1: I was gonna say that earlier, but the fact that 625 00:28:10,240 --> 00:28:12,160 Speaker 1: I found myself it just reminded me that I don't 626 00:28:12,200 --> 00:28:14,280 Speaker 1: never want to go through this ship again. And like, 627 00:28:14,440 --> 00:28:15,960 Speaker 1: because I don't want to never go through the ship 628 00:28:16,000 --> 00:28:17,919 Speaker 1: again in this process and of this, I'm gonna make 629 00:28:17,920 --> 00:28:20,040 Speaker 1: sure I do this and I'm gonna handle this ship 630 00:28:20,160 --> 00:28:22,199 Speaker 1: and get it out behind me. I don't never want 631 00:28:22,240 --> 00:28:26,080 Speaker 1: to even look this way no more. I'm done, you know, girl, 632 00:28:27,160 --> 00:28:28,960 Speaker 1: You know that's one thing that I can say I 633 00:28:29,040 --> 00:28:31,600 Speaker 1: have learned, especially when it comes to money. Once you 634 00:28:31,680 --> 00:28:34,280 Speaker 1: been broke for so long and you finally make that, 635 00:28:34,480 --> 00:28:36,600 Speaker 1: you change your mindset, like I'm not living this life 636 00:28:36,680 --> 00:28:39,120 Speaker 1: no more. You know you're gonna work so hard to 637 00:28:39,200 --> 00:28:42,479 Speaker 1: never go broke because I can't. And I can't like 638 00:28:42,880 --> 00:28:45,160 Speaker 1: living that page check to paycheck or trying to take 639 00:28:45,200 --> 00:28:49,400 Speaker 1: money out of here peace to paye call Patrese Paul 640 00:28:49,760 --> 00:28:53,560 Speaker 1: and the recipes like I can't. It's it's it's a lot. 641 00:28:54,160 --> 00:28:56,000 Speaker 1: And I think that those are the things that people, 642 00:28:56,200 --> 00:29:00,840 Speaker 1: you know, just don't realize. So is your relationship with 643 00:29:00,880 --> 00:29:04,400 Speaker 1: money now? So now we have a love hate relationship. 644 00:29:05,040 --> 00:29:08,240 Speaker 1: Um So I recognize I have a big, big, way, 645 00:29:08,280 --> 00:29:10,720 Speaker 1: bigger mindset and things, and I recognized where I need 646 00:29:10,760 --> 00:29:13,080 Speaker 1: to go and how I need to do things. Um, 647 00:29:13,120 --> 00:29:14,640 Speaker 1: I think that for me, of course, I think I'm 648 00:29:14,680 --> 00:29:17,280 Speaker 1: always gonna hate paying bills. And I think that it's 649 00:29:17,360 --> 00:29:21,360 Speaker 1: like that because right, let me why you hate paying it? 650 00:29:21,680 --> 00:29:24,480 Speaker 1: You hate paying it because it's not automatic. If you 651 00:29:24,640 --> 00:29:26,480 Speaker 1: if you set up auto pay, like let's say, if 652 00:29:26,520 --> 00:29:27,960 Speaker 1: your phone mill is a hundred dollars and you put 653 00:29:27,960 --> 00:29:29,520 Speaker 1: out for both of your checks to have fifty dollars 654 00:29:29,520 --> 00:29:31,600 Speaker 1: taken out, you wouldn't hate paying your phone mill. You 655 00:29:31,640 --> 00:29:34,040 Speaker 1: hate paying it because you make it a thing. You 656 00:29:34,120 --> 00:29:36,160 Speaker 1: literally make it a thing to where you have to 657 00:29:36,200 --> 00:29:38,880 Speaker 1: get a link, open up your credit card, put in 658 00:29:38,920 --> 00:29:41,160 Speaker 1: the cards, and pay it. And you wouldn't have to 659 00:29:41,200 --> 00:29:42,840 Speaker 1: do that, and you wouldn't feel that way, you know 660 00:29:42,880 --> 00:29:45,440 Speaker 1: what I mean, if it was automatic and it automatically 661 00:29:45,440 --> 00:29:47,680 Speaker 1: came out and once you get to that stage, that's 662 00:29:47,680 --> 00:29:49,480 Speaker 1: just that's the ultimate stage, you know what I mean. 663 00:29:50,280 --> 00:29:52,360 Speaker 1: So that's what I'm trying to get. I really that's 664 00:29:52,400 --> 00:29:55,040 Speaker 1: my goal for January nineteen is to be at that stage. 665 00:29:55,080 --> 00:29:57,360 Speaker 1: And I feel like I'm on I'm on my way there. Um, 666 00:29:57,720 --> 00:30:00,320 Speaker 1: I would love definitely like to increase my stage things. 667 00:30:00,360 --> 00:30:03,280 Speaker 1: So I am saving it's something that I feel like 668 00:30:03,280 --> 00:30:05,080 Speaker 1: I want to do temp times over. I definitely know 669 00:30:05,120 --> 00:30:08,880 Speaker 1: I'm paying too much in rent um. You know, it's 670 00:30:08,880 --> 00:30:11,320 Speaker 1: a love hate relationship. The more the problem is, this 671 00:30:11,400 --> 00:30:12,840 Speaker 1: is the thing too right. And I told us to 672 00:30:12,840 --> 00:30:15,360 Speaker 1: my students earlier, it's like, you know, the problem with 673 00:30:15,480 --> 00:30:17,440 Speaker 1: knowing more and knowing better is that you gotta do better. 674 00:30:17,480 --> 00:30:19,320 Speaker 1: So once you know all of this ship, you know 675 00:30:19,400 --> 00:30:22,040 Speaker 1: all these financial things, now you can't just go out 676 00:30:22,080 --> 00:30:24,719 Speaker 1: and eat and sunk up and mess up and really like, 677 00:30:25,080 --> 00:30:27,960 Speaker 1: you know, just make irresponsible decisions. Now. It's like when 678 00:30:27,960 --> 00:30:29,960 Speaker 1: you're doing that before, you just like that call you like, girl, 679 00:30:30,040 --> 00:30:33,040 Speaker 1: you know better than this, you know. And I think 680 00:30:33,080 --> 00:30:35,320 Speaker 1: that that that sort of response to the crown is heavy, 681 00:30:35,360 --> 00:30:38,120 Speaker 1: that responsibility weighs heavy on you, you you know. So I 682 00:30:38,120 --> 00:30:40,080 Speaker 1: think I'm in that stage right now where I'm fighting 683 00:30:40,120 --> 00:30:43,800 Speaker 1: between you know, being still being true to me being 684 00:30:43,880 --> 00:30:46,080 Speaker 1: you know, flock it on the block and still you 685 00:30:46,120 --> 00:30:48,959 Speaker 1: know Yo. It was so funny because I was like, um, 686 00:30:48,960 --> 00:30:50,920 Speaker 1: I was listening to Gary V and he was like, 687 00:30:50,960 --> 00:30:53,200 Speaker 1: the worst thing that people do is trying to keep 688 00:30:53,240 --> 00:30:55,160 Speaker 1: up with the jones Is. Somebody tell me who the 689 00:30:55,160 --> 00:30:56,960 Speaker 1: funk these Joneses are, And how do I kill them. 690 00:30:57,040 --> 00:31:00,360 Speaker 1: I was like, Yo, this guy is but it's so true. 691 00:31:00,360 --> 00:31:02,360 Speaker 1: Who to all these Joneses? And why then were trying 692 00:31:02,360 --> 00:31:04,760 Speaker 1: to keep up with them? Like but you know, it's 693 00:31:04,760 --> 00:31:07,680 Speaker 1: so crazy because growing up like we was talked to us. 694 00:31:08,000 --> 00:31:10,480 Speaker 1: I don't know what it is in our cultural proudness. Yeah, 695 00:31:10,600 --> 00:31:13,040 Speaker 1: definitely a cultural proudness. It's definitely. But I think that 696 00:31:14,280 --> 00:31:17,080 Speaker 1: we got that mixed up right, No, no doubt. As 697 00:31:17,080 --> 00:31:20,200 Speaker 1: a brown people, we are flashy, asked people. We created jewelry, 698 00:31:20,360 --> 00:31:22,960 Speaker 1: we created hairstyles, we created all of this ship. We 699 00:31:23,080 --> 00:31:25,600 Speaker 1: like the shine. That's us. It's always gonna be us, 700 00:31:25,640 --> 00:31:28,000 Speaker 1: it's never gonna change. But we was in Africa. We 701 00:31:28,040 --> 00:31:30,000 Speaker 1: was making it out of stones, so us more in 702 00:31:30,040 --> 00:31:33,080 Speaker 1: the style ain't never gonna change. We was braiding hair 703 00:31:33,960 --> 00:31:36,560 Speaker 1: with making masks what I had, you know what I mean, 704 00:31:36,600 --> 00:31:39,640 Speaker 1: Like we've been doing this, doing turbans. But it's so 705 00:31:39,760 --> 00:31:42,880 Speaker 1: crazy because when you see when you see white people 706 00:31:43,200 --> 00:31:46,200 Speaker 1: may be so rich, but they have a whole that's done. 707 00:31:46,240 --> 00:31:48,000 Speaker 1: We ain't never gonna be that. We can't never be that. 708 00:31:48,040 --> 00:31:49,760 Speaker 1: And that's what we and that's what I gotta tell 709 00:31:49,840 --> 00:31:51,360 Speaker 1: us too. That's the last point that I really want 710 00:31:51,360 --> 00:31:53,400 Speaker 1: to leave with other people. Is we gotta stop that. 711 00:31:53,720 --> 00:31:55,840 Speaker 1: We are never gonna mean that that ain't you baby, 712 00:31:55,880 --> 00:31:58,520 Speaker 1: You was going to shine. That's who you are. Your 713 00:31:58,920 --> 00:32:00,600 Speaker 1: was paid for, so you were is going to put 714 00:32:00,640 --> 00:32:03,040 Speaker 1: it on, no doubt about that. However, I think that 715 00:32:03,120 --> 00:32:04,680 Speaker 1: some of the things that we mistake is that we 716 00:32:04,760 --> 00:32:06,440 Speaker 1: think that it got to come from part of Gucci 717 00:32:06,480 --> 00:32:08,520 Speaker 1: Louis in order for us to shine, and it don't 718 00:32:08,840 --> 00:32:11,280 Speaker 1: you know what I mean. So like somewhere down the line, 719 00:32:11,480 --> 00:32:13,640 Speaker 1: we got crossed with the what shine it means? You 720 00:32:13,680 --> 00:32:15,120 Speaker 1: know what I mean? Like, yeah, we are proud of 721 00:32:15,160 --> 00:32:17,719 Speaker 1: people and we love them good. It's part of us 722 00:32:17,720 --> 00:32:19,960 Speaker 1: and it ain't never gonna leave us. However, looking good 723 00:32:20,120 --> 00:32:23,960 Speaker 1: that is very different from having expensive things, you know 724 00:32:24,000 --> 00:32:25,800 Speaker 1: what I mean. And I think that that's the part 725 00:32:25,800 --> 00:32:28,720 Speaker 1: where somewhere down the line we adopted their ideals of 726 00:32:29,160 --> 00:32:31,520 Speaker 1: what it means to look good, and no, we created 727 00:32:31,560 --> 00:32:33,800 Speaker 1: what it means to look good. They're following us, and 728 00:32:33,840 --> 00:32:37,440 Speaker 1: we have to remember listening. You know, that's a whole 729 00:32:37,440 --> 00:32:43,400 Speaker 1: love topic because black people always been in original fact 730 00:32:43,840 --> 00:32:46,600 Speaker 1: people of color shots and I mean, like that's that's 731 00:32:46,600 --> 00:32:49,200 Speaker 1: rely the thing, right, So that's the conflicting thing that 732 00:32:49,200 --> 00:32:50,840 Speaker 1: that that's what we deal with. You know, we like 733 00:32:50,960 --> 00:32:52,920 Speaker 1: to look good and that's no you know, it happens. 734 00:32:52,960 --> 00:32:55,240 Speaker 1: That's what we want to do. But at the same time, 735 00:32:55,360 --> 00:32:59,240 Speaker 1: it's like, you know, is that realistic? You know? All right? 736 00:33:00,760 --> 00:33:03,200 Speaker 1: So before we leave, what is I mean we've been 737 00:33:03,280 --> 00:33:07,520 Speaker 1: dropping gyms throughout this entire podcast, But like, what are 738 00:33:07,560 --> 00:33:10,640 Speaker 1: some advice that you want to give somebody that's going 739 00:33:10,640 --> 00:33:14,400 Speaker 1: through this or maybe a younger you, or to our listeners, 740 00:33:14,480 --> 00:33:17,240 Speaker 1: because I feel like even with me, like you shared 741 00:33:17,320 --> 00:33:20,000 Speaker 1: so much light and I also know you outside of this, 742 00:33:20,120 --> 00:33:22,200 Speaker 1: you know, like we're always talking about like ways of 743 00:33:22,200 --> 00:33:24,280 Speaker 1: how they got money, of this and that. So like 744 00:33:24,360 --> 00:33:27,360 Speaker 1: I feel, you know, motivated to even get on top 745 00:33:27,360 --> 00:33:29,600 Speaker 1: of my ship because it's like yo, like you know, 746 00:33:29,680 --> 00:33:31,880 Speaker 1: we gotta get to it. So what is some advice 747 00:33:31,920 --> 00:33:38,040 Speaker 1: that you three things? One, educate yourself, so learn as 748 00:33:38,120 --> 00:33:40,800 Speaker 1: much as you possibly can. And it's not education doesn't 749 00:33:40,800 --> 00:33:43,000 Speaker 1: just come from books or reading or watching, and come 750 00:33:43,040 --> 00:33:45,120 Speaker 1: from talking with people. You don't know how much you 751 00:33:45,200 --> 00:33:48,520 Speaker 1: get learned from a simple conversation. It's just amazing, right, 752 00:33:48,560 --> 00:33:52,320 Speaker 1: Like talking to people, like equipping yourself with knowing your 753 00:33:52,400 --> 00:33:54,520 Speaker 1: credit score at all times, you know what I mean, 754 00:33:54,560 --> 00:33:57,480 Speaker 1: and really understanding what is a fight score as opposed 755 00:33:57,520 --> 00:33:59,160 Speaker 1: to that ship they give you on credit cardon because 756 00:33:59,160 --> 00:34:02,360 Speaker 1: that's not the real score, you know. So educating yourself 757 00:34:02,360 --> 00:34:04,400 Speaker 1: and knowing yourself that would be number one. Number two 758 00:34:04,720 --> 00:34:10,160 Speaker 1: would be to um making money, so having that income 759 00:34:10,160 --> 00:34:14,160 Speaker 1: but also investing, right, So it has to come from 760 00:34:14,160 --> 00:34:16,280 Speaker 1: one or the two. You either have to save or invest. 761 00:34:16,600 --> 00:34:18,719 Speaker 1: It's no way that you should be having income. If 762 00:34:18,760 --> 00:34:20,879 Speaker 1: you have an income, it is almost and I'm gonna 763 00:34:20,880 --> 00:34:22,560 Speaker 1: make this my number two. If you have an income, 764 00:34:22,760 --> 00:34:25,200 Speaker 1: it is a requirement that you are even saving or 765 00:34:25,239 --> 00:34:29,080 Speaker 1: investing or both. You can you know what I mean. 766 00:34:29,320 --> 00:34:31,120 Speaker 1: So that means that you just put in ten dollars 767 00:34:31,120 --> 00:34:33,680 Speaker 1: in a job. Baby, I don't care, but you're saving, 768 00:34:34,120 --> 00:34:36,640 Speaker 1: you know. I was just talking my students today about 769 00:34:37,440 --> 00:34:40,359 Speaker 1: if you take so right now with Starbucks, you can 770 00:34:40,400 --> 00:34:41,719 Speaker 1: give me a give me a company you think it's 771 00:34:41,719 --> 00:34:43,480 Speaker 1: going to change your face to the world. And I 772 00:34:43,560 --> 00:34:46,360 Speaker 1: used Starbucks earlier as as something that they are, you 773 00:34:46,360 --> 00:34:48,560 Speaker 1: know what I mean, They're not going anywhere no time soon. 774 00:34:48,920 --> 00:34:51,719 Speaker 1: They're gonna last for you to see Starbucks easily being 775 00:34:51,719 --> 00:34:55,799 Speaker 1: a hundred company. They're only what thirty not even funey, right, 776 00:34:56,160 --> 00:34:59,120 Speaker 1: So think about that Starbucks stock right now with fifty dollars. 777 00:34:59,560 --> 00:35:02,040 Speaker 1: So if you take fifty dollars out of each one 778 00:35:02,040 --> 00:35:04,040 Speaker 1: of your checks, you get twenty six checks in a year. 779 00:35:04,360 --> 00:35:08,719 Speaker 1: If you take fifty dollars out of your you get 780 00:35:08,760 --> 00:35:12,160 Speaker 1: and you buy one stock in Starbucks. Imagine how what 781 00:35:12,200 --> 00:35:14,600 Speaker 1: that's gonna look like in five years when that stock 782 00:35:14,640 --> 00:35:17,840 Speaker 1: is sixty seventy dollars, eighty dollars, ninety dollars, you know 783 00:35:17,920 --> 00:35:21,200 Speaker 1: what I mean. You got Facebook and and Apple going 784 00:35:21,239 --> 00:35:24,360 Speaker 1: for upwards of hundreds of dollars. Imagine when Starbucks getting 785 00:35:24,400 --> 00:35:27,360 Speaker 1: to its peak, how much money you're gonna be rolling 786 00:35:27,400 --> 00:35:29,759 Speaker 1: in just by putting fifty dollars that you probably eat 787 00:35:29,840 --> 00:35:32,560 Speaker 1: or drink every weekend any damn way, just by paying 788 00:35:32,600 --> 00:35:36,480 Speaker 1: fifty dollars. Yo, I had Brandy, because we have to 789 00:35:36,480 --> 00:35:39,320 Speaker 1: do this again, man, because that's like that's so true, 790 00:35:39,360 --> 00:35:42,240 Speaker 1: like like the fastest. Everybody knows that a little before. 791 00:35:42,480 --> 00:35:50,440 Speaker 1: So it's just like you sends things so and I'll 792 00:35:50,440 --> 00:35:52,239 Speaker 1: tid that depending on when this is gonna release. Right 793 00:35:52,280 --> 00:35:56,200 Speaker 1: now that that the interest rates going up and bonds 794 00:35:56,280 --> 00:35:58,120 Speaker 1: is gonna make the most money. The government is going 795 00:35:58,160 --> 00:36:00,000 Speaker 1: to make the most money when we're going into arrest 796 00:36:00,000 --> 00:36:02,400 Speaker 1: shin right now, when we're in a recession, the government 797 00:36:02,440 --> 00:36:05,320 Speaker 1: makes the money. Who financial institutions make their money because 798 00:36:05,400 --> 00:36:07,920 Speaker 1: what they're doing is they're going to increase the interest rates. 799 00:36:08,000 --> 00:36:10,240 Speaker 1: When they increase, that's what you should be invested in banks, 800 00:36:10,320 --> 00:36:13,280 Speaker 1: Invest in Bank of America, open up that speed account. 801 00:36:13,520 --> 00:36:15,080 Speaker 1: You know what I mean by those bonds. You know, 802 00:36:15,120 --> 00:36:17,680 Speaker 1: you can buy a bond for a hundred dollars hundred 803 00:36:17,719 --> 00:36:23,719 Speaker 1: bucks and you get paid on that bond. Right, So 804 00:36:23,920 --> 00:36:26,280 Speaker 1: like think about small things like that. If you're not saving, 805 00:36:26,320 --> 00:36:29,279 Speaker 1: you should be investing um And then my last one 806 00:36:29,320 --> 00:36:32,120 Speaker 1: is just making everything automatic. So there's so many things 807 00:36:32,120 --> 00:36:35,720 Speaker 1: that could be automatic. Making full use of those things. 808 00:36:35,760 --> 00:36:39,399 Speaker 1: So whether that be you know, the credit card coming 809 00:36:39,400 --> 00:36:42,239 Speaker 1: out automatic, the rent coming out automatic, the phone bill 810 00:36:42,320 --> 00:36:43,960 Speaker 1: coming out. You know, you get fought out of less 811 00:36:43,960 --> 00:36:45,960 Speaker 1: on your phone bill if you just pay them on time, 812 00:36:46,480 --> 00:36:47,960 Speaker 1: you know what I mean. So many of us are 813 00:36:48,000 --> 00:36:49,799 Speaker 1: missing out on that yo I used to be and 814 00:36:49,840 --> 00:36:52,480 Speaker 1: I still am. No lives Sometimes that person that wait 815 00:36:52,520 --> 00:36:54,000 Speaker 1: for the ship and go off with your cool let 816 00:36:54,040 --> 00:36:56,839 Speaker 1: me pay. You've got the money. You know that every 817 00:36:56,840 --> 00:36:59,440 Speaker 1: time when you see that phones giving them twenty dollars 818 00:36:59,440 --> 00:37:03,160 Speaker 1: for no m that's so that's so funny because like, 819 00:37:03,480 --> 00:37:05,560 Speaker 1: you know, she gotta get paid. You got the money 820 00:37:05,560 --> 00:37:10,839 Speaker 1: and do it. But if you had that automatically come out, 821 00:37:10,880 --> 00:37:12,799 Speaker 1: you wouldn't even think about it, You wouldn't even feel 822 00:37:12,800 --> 00:37:15,399 Speaker 1: it wouldn't even be and you wouldn't even think about 823 00:37:15,400 --> 00:37:19,760 Speaker 1: it at all. So yeah, those would be my three things, um, 824 00:37:19,800 --> 00:37:21,520 Speaker 1: that I would want to leave on. Those are the things. 825 00:37:21,600 --> 00:37:22,960 Speaker 1: Those are type of things that I hope to talk 826 00:37:23,000 --> 00:37:25,160 Speaker 1: about at the dinner table where my children is like 827 00:37:25,200 --> 00:37:28,800 Speaker 1: what stock are you picking for the week? And why right? 828 00:37:29,400 --> 00:37:32,759 Speaker 1: Thinking like what mommy, like you're s keep picking for 829 00:37:32,760 --> 00:37:38,440 Speaker 1: the week. Well, thank you so much, guys. If you'll 830 00:37:38,480 --> 00:37:42,640 Speaker 1: have any questions for my guests that is Anonymous I 831 00:37:42,680 --> 00:37:44,279 Speaker 1: were talking to see how she is because she is 832 00:37:44,320 --> 00:37:49,040 Speaker 1: so amazing, please send me an email UM with the 833 00:37:49,080 --> 00:37:52,279 Speaker 1: subject line bankruptcy and make sure she gets them. I 834 00:37:52,360 --> 00:37:55,000 Speaker 1: definitely want to do another podcast for her and talking 835 00:37:55,000 --> 00:37:58,279 Speaker 1: about more financial freedom because I'm telling y'all, I don't 836 00:37:58,280 --> 00:38:00,840 Speaker 1: know about job, but I am hi year of clocking 837 00:38:00,880 --> 00:38:05,120 Speaker 1: in and out, am tired and I need to get 838 00:38:05,120 --> 00:38:07,799 Speaker 1: my statments up, Because the only way you're gonna know 839 00:38:07,840 --> 00:38:10,600 Speaker 1: and something's gonna really work, your dream is gonna really 840 00:38:10,640 --> 00:38:13,080 Speaker 1: work for you, is if you're really putting you all 841 00:38:13,120 --> 00:38:15,399 Speaker 1: into it. You cannot put you all into it if 842 00:38:15,400 --> 00:38:19,359 Speaker 1: you're splitting your time clocking in and out. So I 843 00:38:19,400 --> 00:38:23,000 Speaker 1: hope that this podcast or this episode encourage you, because 844 00:38:23,000 --> 00:38:26,880 Speaker 1: it definitely encouraged me. And until next time later on,