Speaker 1: Hey, Hey, hey guys, It's me Tiffany and it's Manjo.
Speaker 1: We just want to say thank you guys. You guys
Speaker 1: are amazing thanks to you. Since we started our podcast,
Speaker 1: it was just me and Mandy listening to ourselves to
Speaker 1: now we get over one hundred thousand downloads a month,
Speaker 1: and I know it seems like that's awesome, but we
Speaker 1: can do even better.
Speaker 2: And we have a favor to ask, just.
Speaker 3: A tiny favor, if you could please share our show.
Speaker 3: Share it on your social media. You can tag us
Speaker 3: at Brown Ambition Podcast. Take a screenshot of the show
Speaker 3: that you're listening to and share it on Twitter, on Insta,
Speaker 3: on Facebook, tell a friend to tell a friend. You
Speaker 3: can tag us on social media. We're at Brown Ambition
Speaker 3: Podcast on Insta, at the BA Podcast on Twitter, and
Speaker 3: of course our Facebook group. You can find us under
Speaker 3: Brown Ambition. Don't forget to tag our personal handles too.
Speaker 3: On Insta. I'm at Mandy Money Mandy with an Ie,
Speaker 3: and Tiffany is at the Budget Nista. When you tag us,
Speaker 3: we will share your post and help amplify it even further.
Speaker 3: Thank y'all for all the love this is just gonna
Speaker 3: help us give us that little extra brown boost.
Speaker 1: Hey, hey, hey, we're back. We're black, We're brown.
Speaker 2: Ambision ambisent ambis.
Speaker 3: Hey, mandra, Hey, how's it going. It's going, you know,
Speaker 3: just another week in our frigid tundra of a paradise.
Speaker 1: Just another day in the neighborhood, just another day around
Speaker 1: the way. Name that artist feeling good today? Come on now,
Speaker 1: she's a New Yorky journey native feeling love. Hey, she's
Speaker 1: not a princess, but she's a.
Speaker 3: Queen. Oh hey, we just talked about her. Thank you.
Speaker 3: That was such like a game that she's not a queen,
Speaker 3: but she's a No, she's not a princess, she's a.
Speaker 2: That was good, but you gotta get that. I'm gonna
Speaker 2: give you.
Speaker 1: I'm gonna give you parcel use of your your black
Speaker 1: and brown card back.
Speaker 3: Li said, why are you always holding that over my head?
Speaker 3: That's not fair. I can't calm here. This is a
Speaker 3: safe space. I can't come.
Speaker 2: Every day.
Speaker 1: But you know, just first of all, I just want
Speaker 1: to for those of you who will be about Chinese
Speaker 1: jump rope, thank.
Speaker 2: You, because I was like, I'm not bucket.
Speaker 1: I used to play that in outside of Side on
Speaker 1: It out and so a bunch of y'all were like,
Speaker 1: uh huh.
Speaker 3: Was that last week's show? We got so much love
Speaker 3: for last week's show. I think people really appreciated there
Speaker 3: was some positive energy flowing last week. So if you
Speaker 3: missed last week's episode, episode two fitty two, go check
Speaker 3: it out. Go check it out. Stop what you're doing.
Speaker 3: You can come back to this one later. It's cool.
Speaker 3: Go ahead, go back to with some big news nuggets
Speaker 3: on the last ones to go take sewed out. Also,
Speaker 3: Chinese jump rope is a thing.
Speaker 2: Yes it is.
Speaker 3: It's a thing.
Speaker 2: Ah, So you want to just get get down with it.
Speaker 2: Get down, mandra.
Speaker 3: Let's get down. Let's get down. The socials and the
Speaker 3: personal finance socials at least, were going like nuts a
Speaker 3: few days ago when one David Ramsey, who I don't
Speaker 3: even know what to call this man, personal finance guru
Speaker 3: who just won't quit. Dave Ramsey was on Fox News
Speaker 3: his home away from home, and went on a little
Speaker 3: mini well. He was answering some questions about the stimulus
Speaker 3: and even about some progressive legislation that's being pushed to
Speaker 3: potentially free, relieve, or forgive cancel student loan debt so
Speaker 3: in like a two and a half minute clip in
Speaker 3: this Fox interview Dave he says a little something about
Speaker 3: people who may need a stimulus check, and yeah, people
Speaker 3: are peels.
Speaker 1: So we're actually going to play it for you so
Speaker 1: that way, because it's many pointed out that sometimes, you know,
Speaker 1: people talk about clips and things and there you folks
Speaker 1: who are listening have not gotten the chance to really listen.
Speaker 1: It's only two minutes, but we want to play it
Speaker 1: for you then discuss aka drag hm.
Speaker 3: Okay, let's discuss. Well I had I myself hadn't listened
Speaker 3: to the clip. I had read some of the articles
Speaker 3: that mentioned his quote, but yeah, I do feel like
Speaker 3: if we're going to talk about it, let's listen to it.
Speaker 3: And part of me is like, why I give this man,
Speaker 3: you know, a bigger platform than he already has. But
Speaker 3: you know, I even think some of our Brown Ambition
Speaker 3: listeners are Dave Ramsey fans, and a lot of people
Speaker 3: friends of mine have benefited from his his his empire
Speaker 3: of financial wisdom and all of that, so people still
Speaker 3: turn to him for advice. So I think it's worth
Speaker 3: it's worth hearing him out and then we can talk
Speaker 3: about sort of what he said. So let me get
Speaker 3: my little clip up here and play it for y'all.
Speaker 3: All right, So here is Dave Ramsey on Fox News
Speaker 3: last week talking about a couple different and personal finance
Speaker 3: agenda items on the progressives list.
Speaker 4: Well, to start with, we need to understand we got
Speaker 4: one point seven trillion dollars in student loan debt. One
Speaker 4: hundred and ninety two billion out of that not so much.
Speaker 2: Let's do some ratios, folks.
Speaker 4: If we're going to do math, we probably ought to
Speaker 4: play math.
Speaker 3: Now.
Speaker 4: On top of that, when you dig into it, the
Speaker 4: whole idea that that student loans being forgiven is going
Speaker 4: to stimulate the economy, That assumes that people were getting
Speaker 4: ready to pay them off this year and instead would
Speaker 4: use that same forty thousand dollars that they were getting
Speaker 4: ready to pay off their student loan and stimulate.
Speaker 2: The economy with it.
Speaker 4: Again, that's economic hogwash, it's smoking mirrors. It's simply not
Speaker 4: going to happen. Dave, I just think there's there's a
Speaker 4: moral hazard doing this. You're absolutely, yes, signed a financial contract,
Speaker 4: you have an obligation to pay that money back. Absolutely,
Speaker 4: and listen, there's some situations where folks are hurting and
Speaker 4: this thing has become it's gotten completely out of hand.
Speaker 4: I mean, there are people's lives who have been destroyed
Speaker 4: by this. Somebody needs some relief somewhere. I'm fine with that,
Speaker 4: But this has nothing to do with really helping people.
Speaker 4: This is a political gimme by progressive simply trying to
Speaker 4: buy votes. And we know that because when you go
Speaker 4: from ten thousand in forgiveness to fifty thousand in forgiveness,
Speaker 4: the people who benefit are not lower income people. The
Speaker 4: vast majority of people that have an average income or
Speaker 4: less have less than ten thousand dollars a student loan debt.
Speaker 4: The vast majority of people who be blessed by moving
Speaker 4: it from ten to fifty are high income earners. So again,
Speaker 4: this is all political rhetoric, it's not reality.
Speaker 2: You come from an interesting perspective.
Speaker 4: You talk to Americans across the country every day in
Speaker 4: your radio program, what do you believe is the right
Speaker 4: number or the right answer for the next stimulus check? Well,
Speaker 4: I don't believe in a stimulus check because if six
Speaker 4: hundred dollars or fourteen hundred dollars changes your life, you.
Speaker 2: Were pretty much screwed.
Speaker 4: Already. You got other issues going on. You have a
Speaker 4: career problem, you have a debt problem, you have a
Speaker 4: relationship problem, you have a mental health problem. Something else
Speaker 4: is going on. If six hundred dollars changes your life,
Speaker 4: And that's not talking down to folks. I've been bankrupt,
Speaker 4: I've been broken. I work with people every day who
Speaker 4: are hurting. I love people. I want people to be
Speaker 4: lifted up. But this is again, it is It is
Speaker 4: just political rhetoric, and it's just throwing dollars out there.
Speaker 2: It's peeing on a forest fire. It's absolutely ridiculous. So
Speaker 2: can I start with a little shade real quick?
Speaker 3: Take it away?
Speaker 1: Okay, So the anchor said to Dave Ramsey, you talking
Speaker 1: about the people in general who'd be.
Speaker 2: Looking for assistance.
Speaker 1: You signed a contract, you have a moral obligation to
Speaker 1: pay what's owed. From Dave Ramsey dot com Dave's bankruptcy
Speaker 1: story from his site. Did you know Dave Ramsey filed
Speaker 1: for bankruptcy? I'm reading verbatim. He has He had earned
Speaker 1: a networth of over one million dollars by the time
Speaker 1: he was twenty six, But in September nineteen eighty eight,
Speaker 1: it all came crushing down when the bank called the
Speaker 1: notes of his loans, the contracts that he was morally
Speaker 1: obligated to pay.
Speaker 2: He was left totally broken and completely broken.
Speaker 1: So this is also from the site Do you know
Speaker 1: what does filing for bankruptcy means? When you go through
Speaker 1: the process of filing for bankruptcy, you are telling the
Speaker 1: courts you can't pay your debts set up through federal laws,
Speaker 1: bankruptcy will cancel many of your debts so you can
Speaker 1: start fresh. So Dave hypocrite Ramsey has filed for bankruptcy
Speaker 1: and gotten to restart his millionaire life.
Speaker 2: But you, oh, no, no, no.
Speaker 1: You person who's like, how possibly am I going to
Speaker 1: be able to feed my child, pay for my mortgage
Speaker 1: and my rent during a historic worldwide pandemic.
Speaker 2: Pooh pooh on you for asking for.
Speaker 1: Assistance because you are morally obligated to pay for everything
Speaker 1: that you've ever borrowed.
Speaker 2: But not Dave Ramsey though, of course not him.
Speaker 1: So I just wanted to start with that piece of
Speaker 1: hypocritical shade this man, quite honestly, and I don't lose
Speaker 1: hand much.
Speaker 2: He's trash.
Speaker 3: Do you feel better?
Speaker 2: Actually, do commence? I'm gonna tagging win man, I've tagged
Speaker 2: you into the ropes me.
Speaker 3: And let me let me in, Let me in. Well,
Speaker 3: I don't know if I've ever mentioned this. I just
Speaker 3: went on Twitter to see if Dave, you know, try listen.
Speaker 3: I tried to be a journalist sometimes see if the
Speaker 3: man's come out and said anything in response to all this,
Speaker 3: the the justified anger that people have towards this, the
Speaker 3: statement that he made on Fox News. And I can't
Speaker 3: even see his tweets because he blocked me. I don't know.
Speaker 3: I don't know when, but I've been blocked by Jay Ramsey.
Speaker 3: Maybe it has been for years. I do know that
Speaker 3: I was blacklisted by his people years ago when I
Speaker 3: was at Business Insider because I he had been basically
Speaker 3: talking about retirement and how you can expect like a
Speaker 3: twelve percent return on your retirement anyway, and I wrote
Speaker 3: an article talking about how that's a little too rosy
Speaker 3: of a picture for the eye investor to anticipate seven
Speaker 3: or sorry, twelve percent gains on their investment. Anyway. He
Speaker 3: didn't like that, and like I got invited to a
Speaker 3: Dave Ramsey thing and then disinvited. It was a whole
Speaker 3: thing I guess I guess he's a little petty. Yes,
Speaker 3: But you know, for me, I think I mean this
Speaker 3: for me is is is a man who has benefited,
Speaker 3: I think, from a certain rhetoric around you know, financial
Speaker 3: advice that that uses shame against people and tries to
Speaker 3: make them feel small for having problems at all. And
Speaker 3: I don't think I think he is very much of
Speaker 3: you know, an era of personal finance guru ship that
Speaker 3: I think is ending now and I really feel like
Speaker 3: the rise of a lot of more compassionate personal finance
Speaker 3: advice and education and frankly, you know, of rise in
Speaker 3: diverse voices in personal finance education, so that he's not
Speaker 3: the only option for people, and so that we have
Speaker 3: different perspectives, because look, this is a perspective of a
Speaker 3: wealthy man who has who is privileged in so many ways,
Speaker 3: and has been put on a pedestal bites so many
Speaker 3: people for his personal finance tips, and frankly, like how
Speaker 3: you know he's very far removed from the people that
Speaker 3: he helps every day or so yes.
Speaker 2: He's that day.
Speaker 1: Let's make sure it's the double w the wealthy white man.
Speaker 1: Now here's the thing that honestly also kind of pissed
Speaker 1: me off, not even kind of just straight U piss
Speaker 1: me off. Is that he mentioned that he doesn't think
Speaker 1: that student loan forgiveness should be discussed going from ten
Speaker 1: thousand dollars being forgiven up to fifty thousand. He's like, Oh,
Speaker 1: that's not going to help anybody, because this is what
Speaker 1: he's saying, if you remember from the clip, because most
Speaker 1: low income folks don't have fifty thousand dollars or more
Speaker 1: of student loans to be forgiven. That's really going to
Speaker 1: help folks who are not struggling. What he fails to,
Speaker 1: either intentionally or unintentionally mentioned, is that this would significantly
Speaker 1: help black student bars. But you know, Dave, God forbid
Speaker 1: the blacks benefit other than what he's coming into your
Speaker 1: church is telling y'all. Y'all ain't ish by his stuff.
Speaker 1: So anyway, so according to am I business inside of
Speaker 1: your old employer, I just want to kind of give
Speaker 1: you some some stats. Right, So, according to a business insider,
Speaker 1: eighty six point six percent of black student bars have
Speaker 1: federal loans in comparison to fifty nine point nine percent
Speaker 1: of white students. So black students are I mean eighty
Speaker 1: six point six percent are borrowing federal loans. That's tremendous, right,
Speaker 1: even well off black students carrying more student loans at
Speaker 1: than anyone else. Right, the average black student graduate has
Speaker 1: well over seventy four hundred dollars more student more in
Speaker 1: student loan debt than they're white peers.
Speaker 2: So not right.
Speaker 1: So not that that they have under ten thousand, but
Speaker 1: seventy four percent more debt. That's just crazy. So the
Speaker 1: gap widens over time. After four years, black grats hold
Speaker 1: almost twice as much in student loan debt as their
Speaker 1: white counterparts at fifty three thousand dollars. So if federal
Speaker 1: student loans could be forgiven up to fifty thousand dollars.
Speaker 2: It would significantly help this community.
Speaker 1: I just this is the same man that has said
Speaker 1: I usally don't speak on him because quite honestly, I
Speaker 1: don't care about Dave Ramsey.
Speaker 2: I came about y'all, you know.
Speaker 1: But this is the same man that has said that
Speaker 1: money is not black or white, it's green. I just
Speaker 1: the thought to say that. Tell that to the white
Speaker 1: man that came to my house and said that my
Speaker 1: house was worth thirty thousand dollars or less. There's another couple.
Speaker 1: Did you see this other couple in California recently, Mandy. Yes,
Speaker 1: they had to have their white friend come in. They
Speaker 1: got under appraise by over a half a million dollars
Speaker 1: stolen from these people. They had to fight their bank,
Speaker 1: ask their white friend come in, be my wife, put
Speaker 1: up your white pictures, and their house was appraised at
Speaker 1: five hundred something thousand dollars more five hundred thousand dollars
Speaker 1: in wealth that was almost lost to this family if
Speaker 1: they did not have a white friend. So money is
Speaker 1: not black or white as green is the wealthy white
Speaker 1: man perspective. And he's not dumb. Dave Ramsey's empire is
Speaker 1: like worth over four hundred million dollars, quite honestly built
Speaker 1: on the backs of black and brown people because we
Speaker 1: allow him to spread his poisonous brand of financial education
Speaker 1: into our community. Now here's the thing. Are some of
Speaker 1: his principles sound? Yes, absolutely, some of his principles are sound,
Speaker 1: But the lack of empathy, the lack of connection to
Speaker 1: the community that truly needs service and help. You can
Speaker 1: get that sound personal financial education from so many places,
Speaker 1: from someone who actually.
Speaker 2: Cares about your well being.
Speaker 1: Some of the things that they I'm not even going
Speaker 1: to share because some of them has been shared behind
Speaker 1: the scenes. Some of the things that he's selling you
Speaker 1: are unconscionable. Unconscionable. Steering you, guys, into insurance that is
Speaker 1: not for your benefits, steering you into financial practice services
Speaker 1: that line his pockets. Four hundred million dollars, this is
Speaker 1: what he's made because he is so welcomed to our
Speaker 1: black and round churches. You know how much of that
Speaker 1: money has gone back into the community. Does he give
Speaker 1: to the Negro College Fund? You se him at the
Speaker 1: NAAC people cookout. Is he pouring into that community?
Speaker 2: No, he is.
Speaker 1: Milking this community and then telling you to kiss his
Speaker 1: behind on the way out.
Speaker 3: But that's just me and my tea. I appreciate the tea.
Speaker 3: I mean, I feel like we need to balance this out.
Speaker 3: Let's talk. Let's let's name some names that deserve some shine.
Speaker 3: Let's name some names. So who in personal finance education
Speaker 3: has got you excited? While I'm asking? I'm gonna go
Speaker 3: because there was a really amazing Instagram post by a
Speaker 3: financial educator. Ooh, I need to share. Her name is Anna,
Speaker 3: but I'm thinking like investing Latina. What's her name is Julie.
Speaker 2: I love her.
Speaker 3: M she's amazing. Oh for news to Rob you got
Speaker 3: on the show.
Speaker 1: Katrina Washington, we love her. Lynette caw Finnie Cox, you.
Speaker 2: Know we love her.
Speaker 1: I actually, honestly, I really like David Bach. He's a
Speaker 1: white man, a wealthy white man. But David Bach, he's
Speaker 1: the first time I ever read a compassionate financial educator.
Speaker 1: Like I read his book The Automatic Millionaire and Smart
Speaker 1: Woman finished rich, but the tone was so compassionate.
Speaker 2: I was shocked. And so he's another awesome one.
Speaker 3: And I haven't thought about David back in a minute.
Speaker 2: Who is he at? I don't.
Speaker 3: Yeah, he's got a bunch.
Speaker 2: Of David balaktu is in like in Italy.
Speaker 1: He just messaged me the other day congratulate me on
Speaker 1: my on my magazine cover, my my money magazine cover.
Speaker 1: I honestly, I've always really, really liked David Bach. There
Speaker 1: are a bunch broke millennial that's Aaron.
Speaker 2: She's awesome. Ramat obviously.
Speaker 3: Just bread sing from minority mind.
Speaker 2: You know we love to free just chrastic.
Speaker 1: Journey to launch the investing Tutor. I think that's doctor.
Speaker 3: Hans Popcorn Finance. Chris Browning runs Pipe Popcorn Finance. He's dope.
Speaker 2: Yes.
Speaker 3: Oh here it is Anna. Let me get like the
Speaker 3: harm Paine.
Speaker 1: Oh, there's also grow black girl. Is that her name Dasha?
Speaker 1: She's awesome?
Speaker 3: Oh Marcia Barnes Yes, from the Finance Bar.
Speaker 1: Yep, love Marcia. Oh obviously Sandy. Yes, I am cheap.
Speaker 1: She's awesome. She sused to have Tila also, I love
Speaker 1: Tila at the Ivy Investor.
Speaker 2: These are some investing folks. She's awesome of Courtney love it.
Speaker 3: So this is Anna nij Conti. She's a CFP. I
Speaker 3: hope I pronounced your name right. I'm sorry. I was
Speaker 3: just so excited to share you. So. She actually posted
Speaker 3: on Instagram this week a post from a former colleague.
Speaker 3: So she's a certified financial planner. She used to work
Speaker 3: for a big financial institution. And one of her white
Speaker 3: colleagues posted on Twitter just like not even in response
Speaker 3: to anything that she had done. She's she's gone since
Speaker 3: gone out on her own and started to build her
Speaker 3: brand as a financial educator. And he talks about I'm
Speaker 3: going to try and summarize. She took some screenshots of
Speaker 3: his post. And he's a CFP and he talks about
Speaker 3: how he was young, inexperienced, and his job asked him
Speaker 3: to train her in her job basically, and then what
Speaker 3: he says is, had I not been clouded by my
Speaker 3: own ambition, Anna and I never really connected and she
Speaker 3: left not long after that request was made. If you
Speaker 3: don't know Anna, you should know she's a black woman
Speaker 3: and I am clearly a white man. Not that I'm
Speaker 3: saying race was a direct factor, but there's no denying
Speaker 3: in my mind that our skin color played a subconscious
Speaker 3: role in my gender. My underqualified white ass being asked
Speaker 3: to teach an incredibly intelligent black woman anything. Looking back,
Speaker 3: I should have picked up on it then, but I didn't.
Speaker 3: So this is Anna and you should definitely follow her
Speaker 3: on Insta.
Speaker 2: Yes, Kelly will also.
Speaker 1: Watch to other list of all these kids, Yes, writch
Speaker 1: in regular that's another one too, And it's just such
Speaker 1: a you know, it's funny you say that because there's
Speaker 1: a woman.
Speaker 3: Now.
Speaker 1: I'm not going to give too much information away, but
Speaker 1: she's basically being pushed out of her corporate role, even
Speaker 1: though she is dynamic. And I was about to list
Speaker 1: some of the schools that she went to because she's
Speaker 1: got her master, she's got her bachelor's but I think
Speaker 1: I would give too much away. But I just heard
Speaker 1: through the grapevine through a friend and they were just
Speaker 1: sharing how like you know, and the company that she's
Speaker 1: being pushed out of is known for pushing black women
Speaker 1: out of high positions and power. I've known a handful
Speaker 1: of people that I know personally that have been pushed
Speaker 1: out once they got.
Speaker 2: To a certain earning amount.
Speaker 1: And so thankfully we were looking there's a role that's
Speaker 1: open in our company where we can pay her something
Speaker 1: not quite what she was making, but at least something comparable.
Speaker 1: So I'm hoping it'll be a fit. But it's just
Speaker 1: really it's exhausting, y'o. Like I don't think people understand,
Speaker 1: like if you are not black or brown and you're
Speaker 1: listening and you're hearing the like, cause they're like, I
Speaker 1: feel like black and brown people, we go from rais
Speaker 1: to exhaustion to just like a Because I just want
Speaker 1: you to for a minute, pretend that you were playing
Speaker 1: a game. Let's just say we were playing cards and
Speaker 1: someone says, these are the rules for cards, you know,
Speaker 1: like you just have to match the two cards up,
Speaker 1: and you're like okay, So you start to play, you
Speaker 1: start to win, They're like, oh no, no, the cars
Speaker 1: can't just pass by number. You also have to mass
Speaker 1: by color. And you're like, oh, okay, but the person
Speaker 1: before they dis match by number. No, yeah, yeah, those
Speaker 1: are the rules. So you're like, okay, matching by number
Speaker 1: by color? Oh no, no, no, you start to win. No, no, no,
Speaker 1: it's not just by number by color. You also have
Speaker 1: to match by suit. But you're like, no, but that's
Speaker 1: the other person. That's not how to Yeah, but we
Speaker 1: change the rules. Can you imagine playing a game that
Speaker 1: just when you start to figure it out, they change
Speaker 1: the rules and then blame you if you don't win, Like, well, girls,
Speaker 1: you just knew how to play the game better.
Speaker 2: It's like, no, you keep changing the rules on purpose
Speaker 2: so that I lose and then expect for me to
Speaker 2: be happy with whatever little crumbs I've been able to
Speaker 2: win with.
Speaker 1: It is the level of gall and audacity. That's why
Speaker 1: you couldn't pay me. I don't care if someone's atifty
Speaker 1: will give you one hundred million dollars to join corporate
Speaker 1: and to be mistreated in that way. I would never
Speaker 1: only because because I've been offered. But I want the
Speaker 1: reason why I I work do the budget, Nissa. It's
Speaker 1: not just for myself, but to be able to create
Speaker 1: a safe haven for women like me, to be able
Speaker 1: to shine. Like we are on track to make twenty
Speaker 1: million dollars this year. We pay our employees well, we
Speaker 1: get bonuses when outside is open. We take them on
Speaker 1: trips that are all expense paid. You know, you have
Speaker 1: a baby, you get in a gift. You get married,
Speaker 1: you get in a gift. You know, we have a
Speaker 1: prayer channel in slack. You need prayer. You're getting prayed over. Like,
Speaker 1: I want to create a super safe environment because it's
Speaker 1: trash out here in these streets. Like there are a
Speaker 1: few places like Mandy's at now, like Ally who really try.
Speaker 1: It's so funny their name is Ally because they really
Speaker 1: try to be an Ally And I've seen it. And
Speaker 1: you know, they're one of the few financial institutions that
Speaker 1: I consent to work with when they've asked me, because
Speaker 1: I see the way they navigate in this space. But
Speaker 1: it's few and far in between, and it is a
Speaker 1: level of like what they basically tell black people is
Speaker 1: that one you're never going to make as much and
Speaker 1: if something belongs to you, the value is always less.
Speaker 1: If that is your home, it's worth this. If it's
Speaker 1: someone else's home, it's worth something else. How do you
Speaker 1: get ahead in that? Like, honestly, how does someone get
Speaker 1: ahead like I just? I mean I have worked my
Speaker 1: tail off and I have grown my net worth to
Speaker 1: multiple seven figures, and someone can still come to my
Speaker 1: house and say, yeah, no, it's not worth what you think.
Speaker 1: You know, because you know black just like the level,
Speaker 1: it's just infuriating. And I just some days I just
Speaker 1: tap out. I'm just like I can another days, you know,
Speaker 1: I go back to the battle. But then you know,
Speaker 1: y'all still give energy to people like Dr who I
Speaker 1: honestly never mention because he's not worth He's not worth
Speaker 1: the mention. If I share with you what he does
Speaker 1: behind the scenes when he's connecting with these financial influencers
Speaker 1: and on how he tries to.
Speaker 2: Take advantage of them.
Speaker 1: I mean, I don't get invited to his financial influencer summit,
Speaker 1: and I know why because he knows damn well, I'm
Speaker 1: not gonna let you take advantage of my brand. I mean,
Speaker 1: if I tell you of some of the stuff that
Speaker 1: people have told me behind the scenes and ask me
Speaker 1: not to share, but about what that looks like if
Speaker 1: you partner with him, and I use partner as loosely
Speaker 1: as possible, because it's really just a takeover.
Speaker 2: It is it is. Where is the Christianity? I don't
Speaker 2: see it.
Speaker 1: You know, I'm sure this is gonna get me super banned,
Speaker 1: but I see I could care less because that's what
Speaker 1: happened when you build your own shit. Because you know,
Speaker 1: what can he do? Is he gonna tell who? You're
Speaker 1: gonna tell dreamcatches to what not? Massuativity, no more try.
Speaker 1: But yeah, I just it's just sickening and I'm over it.
Speaker 1: And I just wish like he's already he's never not
Speaker 1: gonna be wealthy. But I just wish people would turn
Speaker 1: their gaze away from him and lean into those people
Speaker 1: who actually care about you. I'm not talking about me.
Speaker 1: There are so many folks out there who actually care about.
Speaker 2: You and your journey. And he ain't it.
Speaker 3: He ain't it. And I will just say on the
Speaker 3: talk of stimulus checks because this is an issue happening
Speaker 3: right now, like Congress needs to pass in their stimulus bill.
Speaker 3: The people are bleeding, and the idea that you know
Speaker 3: the part of his quote where he says if you
Speaker 3: don't you know, he doesn't believe in a stimulus check
Speaker 3: because quote, if six hundred dollars or fourteen hundred dollars
Speaker 3: changes your life, you were pretty much screwed already. You
Speaker 3: got other issues going on. And he goes on to
Speaker 3: list career issues, relationship, What about a pandemic that noone
Speaker 3: could have predicted or prepared for, Like I anyone who's
Speaker 3: ever written the word save three to six months for
Speaker 3: an emergency fund? What help have we offered people? Like, honestly,
Speaker 3: it's been nearly a year of this pandemic. So the
Speaker 3: goll and the audacity to say that if this changes
Speaker 3: your life, then you have other issues going on, You're right, dude,
Speaker 3: Like there are huge, uncontrollable issues at stake here. Like
Speaker 3: people's lives have been upended by this pandemic. And they
Speaker 3: do need a band aid because they are bleeding and
Speaker 3: they're hemorrhaging, and they need more than a band aid,
Speaker 3: but they need something. And like if you if you
Speaker 3: go to the hospital and like, let's say, I don't know,
Speaker 3: you've got like you you're having seizures, and the reason
Speaker 3: you know, they need to They need to find the
Speaker 3: underlying cause. They're not going to like not treat you
Speaker 3: for what you're going and presenting with today. They need
Speaker 3: to find their root cause. But you need to help
Speaker 3: people for what is going on now. And yes, there's
Speaker 3: a larger conversation to be had about, you know what,
Speaker 3: maybe you know all the issues that are going on
Speaker 3: and why people are being hurt so badly by what's
Speaker 3: happening in our country right now. But let's just help people,
Speaker 3: you know, Let's not let's not have this glare of
Speaker 3: superiority and condescension when people genuinely need help. That to
Speaker 3: me is heartless, even though he says, you know, one
Speaker 3: breath later, how he does care about people and wants
Speaker 3: to lift them up. But do you really like, where's
Speaker 3: the where's the empathy here?
Speaker 2: People don't People who care about people don't talk like that.
Speaker 2: People who who have taken advantage.
Speaker 1: Of the system and use the federal government to get
Speaker 1: their own debts wiped away don't look down at their
Speaker 1: nose are other people and pretend they care. They cares
Speaker 1: about his bank account, and he cares about you as
Speaker 1: long as it continues to feed his bank account and
Speaker 1: so I, yeah, that's not care doctor Green, my coach
Speaker 1: said it beat she said, because I told her I
Speaker 1: was worried about sharing that, like, oh, I want my
Speaker 1: book to be a bestseller, you know, get good with money.
Speaker 1: I'm like, oh, I want my book to be a
Speaker 1: best seller. And she and I was worried that that
Speaker 1: was arrogance, and she said, no, Tiffany, that's not arrogant.
Speaker 1: It's okay to say I'd like to have a bestseller
Speaker 1: plug get Goods money dot com, go ahead and pre order.
Speaker 1: But she was like that arrogance is when you use
Speaker 1: your bigness to make other people feel small. What you're here,
Speaker 1: what you heard in that clip with him using his
Speaker 1: bigness to make you feel small because it makes him
Speaker 1: feel bigger. It's arrogance and it has no place in service,
Speaker 1: in teaching, in financial education. It's arrogance, and it's nasty,
Speaker 1: and it's not unexpected because it's the same man who
Speaker 1: literally had a Christmas party and told waiters don't wear
Speaker 1: a mask because God forbid, you should have a grammar
Speaker 1: at home.
Speaker 2: You know, forget about her. That's arrogance.
Speaker 1: This is the same person who's like you know there
Speaker 1: is no or doesn't really believe in Corona. Although because
Speaker 1: I just don't understand how the whole world has said.
Speaker 1: You know what, let's all pretend that there's this disease
Speaker 1: that's like killing people. Okay, China you first, Okay, YouTube, Jamaica,
Speaker 1: come on, Costa Rica.
Speaker 2: You don't want to play the game.
Speaker 1: The whole world like yo, it's arrogance and the only
Speaker 1: way to come back arrogance is to ignore. And typically
Speaker 1: I don't give them this much, and you never hear
Speaker 1: me talk about dr but I just felt like it
Speaker 1: had to be said. So hopefully you could tell your
Speaker 1: grandma and them stop having this person in your church.
Speaker 3: And that's on that and that's on.
Speaker 1: Mary had a little lay. This is so that is
Speaker 1: what it is to be black, right, Randy? That like
Speaker 1: it could be something it's going down, but we don't
Speaker 1: find a reason to laugh.
Speaker 3: Now, Listen, Humor is the key to resilience. Okay, how
Speaker 3: can you get through life without it? All right, well,
Speaker 3: let's take a quick break and we will be back
Speaker 3: with y'all's questions. All right, y'all, we are back with
Speaker 3: your questions, and please please please send us your questions
Speaker 3: You can hit us up at Brown Ambition Podcast at
Speaker 3: gmail dot com, or you can find us on Insta.
Speaker 3: We are at Brown Ambition Podcast. Please follow us and
Speaker 3: you can slide into our dms with questions. Of course,
Speaker 3: you can remain anonymous, although there's no shame in any
Speaker 3: of these questions, and ask us anything you know, financials, investing, saving, career, relationship,
Speaker 3: anything you want to know. We're here to help you.
Speaker 3: Just remember we are not Tiffany what's our spiel. We
Speaker 3: are not financial advisors. We're not your financial advisors. We
Speaker 3: are your you know, your financial friends, Okay, And we'll
Speaker 3: tell you what we feel and what we have you know,
Speaker 3: what we think based on our own advice and experience,
Speaker 3: but at the end of the day, always consult a
Speaker 3: professional for any real advice applicable to your you know, circumstances.
Speaker 3: AKA so your cousin that is, yeah, to the guy
Speaker 3: at the barbecue who's like you should get on those stock.
Speaker 3: All right, let's kick things off, all right, y'all. Our
Speaker 3: first question comes from Jane. So she has a question.
Speaker 3: She wants to start her own business and she's wondering,
Speaker 3: you know, should I, how should I financially prepare. So
Speaker 3: let's get into Jane's question first. I'm going to start
Speaker 3: with the second half of her question because it gives
Speaker 3: some helpful context I think we should consider. So, Jane says,
Speaker 3: I'm a single mother, forty years old with two children.
Speaker 3: I have a mortgage, student loans, and a car loan.
Speaker 3: I've saved a little over eight months of my noodle
Speaker 3: budget in a high interest savings account, which I call
Speaker 3: my emergency fund, and I have almost three hundred thousand
Speaker 3: dollars in retirement. I don't want to deplete my emergency
Speaker 3: savings in order to bridge the gap, but I'm not
Speaker 3: really sure what else I could conceivably do given the
Speaker 3: time horizon. All right, So backing up now, Jane is
Speaker 3: about to quit her job and go into entrepreneurship. She
Speaker 3: says she wants to do this in a year and
Speaker 3: start her own business, but she's scared to death. She
Speaker 3: wants to know one, doesn't make sense for me to
Speaker 3: reduce my current four oh one K contribution, which is
Speaker 3: currently set at fifteen percent per paycheck, to set aside
Speaker 3: more money to help close that gap and income or
Speaker 3: are there any other options we can recommend to increase
Speaker 3: her savings or other actions she should be taking in
Speaker 3: consideration of her what she calls appending leap into entrepreneurship. Ps.
Speaker 3: I do not carry consumer.
Speaker 2: Debt, Jane.
Speaker 1: So first of all, girl, you out here slaying these
Speaker 1: financial streets.
Speaker 2: Can we give her a rind of applause?
Speaker 3: Single mom, forty three hundred k in the bank, some
Speaker 3: debt mortgage due to loans car loan, but no credit
Speaker 3: card debt.
Speaker 2: Girl, and eight months worth of savings.
Speaker 1: So just I want you to just take a deep
Speaker 1: breath in and say, I'm doing a damn thing.
Speaker 2: Okay.
Speaker 1: But then I asked, Jane, because I just you don't
Speaker 1: wanted to know, do you have to quit your job?
Speaker 1: I don't know what the pending you know, business is,
Speaker 1: but I think people think that sometimes you have to
Speaker 1: be like a pure entrepreneur, and that's not necessarily so
Speaker 1: Like I before I started the Budjeaneste, I mean, I
Speaker 1: was pushed out because my school closed. But I was
Speaker 1: doing budgetista stuff for about a year and a half
Speaker 1: maybe two years, kind of really light while I was
Speaker 1: still teaching, And I would do it in the morning,
Speaker 1: I would do it at night. I would during during
Speaker 1: nap time when the kids slept. Do you have to
Speaker 1: make this like hardcore leap. That's my concern because it
Speaker 1: can take a number of years it did for me
Speaker 1: before you see a positive return on your investment.
Speaker 2: And you have two children.
Speaker 1: So that is my question, Like, is there a reason
Speaker 1: why you can't say, I am going to you know,
Speaker 1: stay at this job and start my new job or
Speaker 1: my new business as a side hustle until it makes
Speaker 1: enough for me to leave my main hustle at least
Speaker 1: until it's making enough of what your noodle budget is.
Speaker 1: And maybe we can explain with noodle budget, that's just when,
Speaker 1: like you're if you had to eat ramen noodle's budget,
Speaker 1: Like what's the what's the least expensive amount of money
Speaker 1: you can live off of and still maintain health and
Speaker 1: safety and your basic you know, your basic life needs.
Speaker 1: So that's that Or Jane, if you are going to
Speaker 1: make the leap, I would have some side hustles lined
Speaker 1: up to make ends meet. Meaning so I didn't make
Speaker 1: the leap from when I left teaching, you know, my
Speaker 1: school closed, but I had babysitting jobs, tutoring jobs while I.
Speaker 2: Was building budget Nista.
Speaker 1: Because Budgetista did not make any money for the first
Speaker 1: honestly almost three years. But I supplemented with unemployment and
Speaker 1: tutoring and babysitting like crazy. So if you are going
Speaker 1: to leave your job, do you have kind of like
Speaker 1: side jobs you can do to make ends meet, because
Speaker 1: you cannot unless your business is already making money.
Speaker 2: Now, there's no way to know.
Speaker 1: I didn't know how long it was going to take
Speaker 1: for budget. He said to be in the black or
Speaker 1: at least in a black enough for me to be
Speaker 1: able to sustain myself. So that's just my only, not
Speaker 1: my only, but those are some of my concerns, and
Speaker 1: my suggestions is to have some side hustle jobs lined up.
Speaker 1: So if you need the space and time to start
Speaker 1: your business, you already know what your noodle budget is. Great,
Speaker 1: maybe potentially stay at your job longer and don't leave
Speaker 1: until your new business makes enough for you to.
Speaker 2: At least cover your noodle budget.
Speaker 1: Reducing fifteen percent is really great and aggressive toward retirement.
Speaker 2: I wouldn't be mad if you said, you know what,
Speaker 2: I'm going.
Speaker 1: To bring it down to ten percent and use that
Speaker 1: extra five toward the business. I wouldn't be mad at
Speaker 1: that because to me, starting a business is also an investment,
Speaker 1: but you would still be saving a good amount or
Speaker 1: investing a good amount toward retirement. I'm not mad at
Speaker 1: that either.
Speaker 3: Yeah, I think And the fact that she hasn't said
Speaker 3: I mean, she's got three hundred k save for retirement.
Speaker 3: As long as you're not touching that, you're still letting
Speaker 3: that money sit there and grow. I mean, I do
Speaker 3: feel like sometimes entrepreneurs, you'll hear them say they drain
Speaker 3: their four one K.
Speaker 2: I did doubtor that.
Speaker 3: Yeah, you don't want to do that, Jane, So I think.
Speaker 3: I mean, that's a really comfortable amount of money to
Speaker 3: have saved by your fight just forty years old. So
Speaker 3: I mean that's commendable. And I see how you did it,
Speaker 3: saving fifteen percent so aggressively. I personally have done that.
Speaker 3: I have scaled back my retirement contributions when we were
Speaker 3: renovating the home and we wanted to pay out of
Speaker 3: pocket versus take on debt. So and I you know,
Speaker 3: they make it really easy to go in there, and
Speaker 3: at least the retirement plans I've used, Yeah, make it
Speaker 3: easy to kind of like go from fifteen to twelve
Speaker 3: or eleven or whatever, just to give yourself a little
Speaker 3: bit more cash flow. I think that's perfectly fine. I
Speaker 3: don't know that you're ever going to hit like the
Speaker 3: right number in terms of your savings to where you
Speaker 3: feel like, okay, and today is the day I have
Speaker 3: just enough to like quit my job and to start
Speaker 3: this life as an entrepreneur. I agree with Tiffany. I
Speaker 3: think there's a side hustle that you're talking about. You know,
Speaker 3: do you? I think that there's a side hustle I
Speaker 3: could have. I kind of feel like you're starting your
Speaker 3: business as that side hustle, and you should be doing
Speaker 3: that while you have the you know, the relative safety
Speaker 3: and security of that full time job, you know, for
Speaker 3: your benefits and for the for the income that you
Speaker 3: have coming in. But you know, you can be working
Speaker 3: toward that goal. But maybe don't be so strict about Okay,
Speaker 3: I'm going to hit this amount of money and then
Speaker 3: quit my job and I sort of have to have
Speaker 3: I'm just gonna like leave and my money is the
Speaker 3: only you know, security and safety and that I'm going
Speaker 3: to have for a while. But yeah, I think that
Speaker 3: you're in really good shape. I don't see anything wrong
Speaker 3: with cutting back on the retirement yeah, just.
Speaker 1: A mede and go for I mean, I know literally
Speaker 1: a single mother right now who has two kids and
Speaker 1: she is during uh during I was gonna say, panteing
Speaker 1: during Panda rosa aka pandemic. She started a business. It's
Speaker 1: looking like the businesses she's starting. If all goes well,
Speaker 1: it'll probably makes six figures its first year. Now that's
Speaker 1: not common, but it's possible. You would have to know
Speaker 1: best based upon the business that you're going into. It
Speaker 1: is possible to be in the black right away, but
Speaker 1: most businesses are not, so you want to give yourself
Speaker 1: space and time to not be. There's just so much
Speaker 1: that goes into starting a business. I mean, don't get
Speaker 1: me wrong, I would never choose anything else. I mean,
Speaker 1: I'm so glad that I did it, but there is
Speaker 1: a lot in the financials in the beginning. It's very
Speaker 1: touch and go for most people. So being mindful of that.
Speaker 1: So I just but I wish you well though, because
Speaker 1: if the awesome part about having a business is that
Speaker 1: you're earning possent, there is no cap to your earning potential,
Speaker 1: like I could reasonably one day take home eight figures.
Speaker 1: I mean, my business makes eight figures, but I'm talking
Speaker 1: about take home Tiffany making eight figures. It's possible because
Speaker 1: when you have a business, that's possible. I might sell
Speaker 1: my company and somebody buyser for fifty million dollars and
Speaker 1: my take home is ten million.
Speaker 2: That's very, very, very possible. So that is one of
Speaker 2: the benefits.
Speaker 1: And although people think it's more freedom, it is, but isn't.
Speaker 2: It's a lot more work. I work just about not.
Speaker 1: I used to work seven days a week up until
Speaker 1: maybe like a year ago. So now you know, I
Speaker 1: do take my weekend semi off, but I work a lot.
Speaker 1: But at least it's work that I've chosen.
Speaker 3: You know.
Speaker 2: I get to look and say, I don't want to
Speaker 2: do that.
Speaker 1: I do want to do this, so I know I
Speaker 1: don't want to glamorize like entrepreneurship is hard.
Speaker 2: It's hell. Every other week.
Speaker 1: I'm like, so, you know what, Circle time seems real
Speaker 1: cute right about now, ABCD because it's hard.
Speaker 2: Oh my god, it's hard, really really really hard, and
Speaker 2: it's a lot of work. And I'm not gonna lie.
Speaker 1: You have two kids, it's gonna be a lot of
Speaker 1: time away from them, even if you're in the same house.
Speaker 1: With them because you're going to be putting so much
Speaker 1: work into the business, so just to prepare you for that,
Speaker 1: and that's okay, But I just want you to just
Speaker 1: know that I think people think that you know, be
Speaker 1: an entrepreneur, like because you see those I'm sure you've
Speaker 1: seen No Mandy like those ads where it's like, do
Speaker 1: you want to be making money while on a private island?
Speaker 2: Yeah, that's bs.
Speaker 3: I think I've sufficiently blocked those from Instagram. I'm like,
Speaker 3: don't ever should this again?
Speaker 1: Yes, that's why you never see me like as a
Speaker 1: budget these days, you see. I never say I'm going
Speaker 1: to teach you how to be a millionaire, because I'm
Speaker 1: not saying it's not possible for you to become a millionaire,
Speaker 1: but the average person is likely not going to. But
Speaker 1: what I can one hundred percent teach you is how
Speaker 1: to have the financial fundamentals. I could teach you how
Speaker 1: to budget and save and those things because the millionaire aspect,
Speaker 1: one you might not need that much in order to
Speaker 1: live the life that you so desire, and two you
Speaker 1: might decide, like, for example, for myself, I've been really
Speaker 1: evaluating that now that I've gotten to a certain place
Speaker 1: I want to switch from media, I was saying. I
Speaker 1: tweeted the other day, like I want to switch from
Speaker 1: two thousand, two thousand to twenty twenty jay Z within
Speaker 1: the next five years.
Speaker 2: So two thousand jay Z was like the top of
Speaker 2: the charts, like.
Speaker 1: You know, hit song after hit song, and I remember
Speaker 1: seeing an interview where he said, that's really stressful because
Speaker 1: you always have to have the new hot ish, you know.
Speaker 1: But twenty twenty jay Z, he's a lot more behind
Speaker 1: the scenes. He doesn't have to perform, but he has
Speaker 1: a lot more business interest and so that's that's the
Speaker 1: move that I'm making within the next five years for
Speaker 1: budget Neista is then you see less of Tiffany certainly
Speaker 1: Budgetista a literature academy, you know, like Molly Moore get
Speaker 1: it with money, all of my things, but less of
Speaker 1: me as a personality and just me more so behind
Speaker 1: the scenes, like making business happen because it's a lot
Speaker 1: less pressure. I don't have to be the new hot
Speaker 1: thing all the time. So just keeping that in mind too,
Speaker 1: that it's a lot of pressure in the beginning. But
Speaker 1: like I said, I would not literally never choose anything
Speaker 1: else because it's afforded me the opportunity to do things
Speaker 1: that I never would imagine, buying my house in cash,
Speaker 1: paying off my parents' house in cash, paying off my
Speaker 1: still a loan in cash, being able to support family
Speaker 1: and friends when they were struggling. I mean support support
Speaker 1: like I paid your rent for two year. Support, you know,
Speaker 1: like being able to set aside for my nieces and
Speaker 1: my nephew, making sure that college is on me, and
Speaker 1: your first car it's on me.
Speaker 2: We got it.
Speaker 1: So you know, it's there's a lot of trade off,
Speaker 1: but to me, it's worth it.
Speaker 3: Remember that time he said you weren't ready to write
Speaker 3: a book an entrepreneurs, I.
Speaker 2: Said, I wasn't gonna do it, but we hear it.
Speaker 1: Okay, But honestly, after get Going with Money, cha, I'm
Speaker 1: not gonna lie. I gave my heart and soul to
Speaker 1: that book. If y'all have not pre ordered it, don't
Speaker 1: maybe strangle you. As hard as I work on Geko
Speaker 1: with Money, gek Good with Money dot Com, you better
Speaker 1: pre order.
Speaker 2: It because I put so much effort.
Speaker 1: Honestly, maybe one day we'll do an episode about like
Speaker 1: what it is to like, you know, write a book, Mandy.
Speaker 2: No one told me like.
Speaker 1: It's one thing to write it. That part was hard, girl.
Speaker 1: This marketing it and to kill me.
Speaker 2: I was like, oh my god, it's so much worked. Though.
Speaker 1: Even if you have like I'm under Penguin, you have
Speaker 1: a major publisher, the level of work, it's literally like
Speaker 1: I've got I've got like five full time jobs.
Speaker 2: I'm the CEO of the Literature Academy. Okay. Then this book,
Speaker 2: you know, the marketing, the marketing market for the next
Speaker 2: month and a half. Okay. Then Molly Moore.
Speaker 1: So I don't know if I told you, but my
Speaker 1: my children's book, Molly Moore. I wrote a treatment for it,
Speaker 1: and we have a couple of production companies that are
Speaker 1: interested in turning into a children's show that you know, exciting.
Speaker 2: But still work.
Speaker 4: You know.
Speaker 1: Then on top of all the behind the scenes, I
Speaker 1: still got to get on and be like, hello, my
Speaker 1: name is imagine this son, and here's five ways to
Speaker 1: fix your credit. Carl, Like, there are days when I'm like,
Speaker 1: I don't know if I'm coming or going, and so
Speaker 1: it's it's it could be. I mean, thank god, I've
Speaker 1: got the most patient husband, because I you know, it's
Speaker 1: a lot, and so I'm looking to reduce the a
Speaker 1: lotness of it all. And because I just that, you
Speaker 1: won't see me write another book, like a major book
Speaker 1: like this for a very long time. Although they've been
Speaker 1: asking me, I'm like, Sis, if you don't get out
Speaker 1: of my face, I'm not doing it. It's I mean,
Speaker 1: I want to be married. You know, I'm still trying
Speaker 1: to have this baby. You know, I got to have
Speaker 1: to have soldier surgery like next week. It's something I
Speaker 1: won't say it's light, but it's like the same day
Speaker 1: surgery for like my shoulder that I pulled.
Speaker 2: And like I got it.
Speaker 1: I'm like, wait, okay, so I'll just see an end
Speaker 1: of the day before I was like, no, after I'll
Speaker 1: do you know, I'll do today's so after after can
Speaker 1: you imagine? Like, no, Sis, it's entrepreneurship once you get
Speaker 1: deep into it. It's not for the faint of heart,
Speaker 1: like I hate when people make it seem it's super glamorous.
Speaker 2: No.
Speaker 1: Like I I'm tired half the time, and I definitely
Speaker 1: work too much. I know that, but I honestly I
Speaker 1: don't know how to not work too much because it's
Speaker 1: got to get done. You know, there is no off
Speaker 1: button if I don't make sure it's done.
Speaker 2: And I have an amazing team.
Speaker 1: When I say an amazing team, an amazing team, but
Speaker 1: they still need to be led, you know. So like
Speaker 1: at the end of the day, you know, I you know,
Speaker 1: I put in. I put in the work that's required
Speaker 1: for the level of success that I'm wanting. But lately
Speaker 1: I've been asking myself, is this enough? And I'm like
Speaker 1: almost basically like yeah, I mean, one hundred million sounds cute,
Speaker 1: But I don't think I got.
Speaker 3: That in me.
Speaker 2: I don't think I got that in me.
Speaker 1: I think, like, yo, between twenty and fifty million, I'm
Speaker 1: good because I'm like, I want to actually have friends,
Speaker 1: and I want to stay in love with my husband.
Speaker 1: I want to have a baby, and so there's you know,
Speaker 1: there's a lot that you give up when you when
Speaker 1: you strike out on your own. It's not for everyone,
Speaker 1: it's not and it's okay to have just a dope
Speaker 1: job that you love. Honestly, I loved teaching preschool, and
Speaker 1: I still would have retired on time if I taught
Speaker 1: preschool because I was investing my money, I was saving,
Speaker 1: I was living under my means. I had a condo. Then,
Speaker 1: you know, like I loved teaching preschool. So don't feel
Speaker 1: bad about, you know, not joining the entrepreneur rank because
Speaker 1: a lot of parts of its sucky over here.
Speaker 2: You know, there's a lot of benefits, but there's a
Speaker 2: lot that sucks.
Speaker 1: Like I definitely had less pressure when I taught pre school. Well,
Speaker 1: I mean, like it was the babies, we got to
Speaker 1: play at the park, seeing our ABC's eat snack and
Speaker 1: I was done at three and you know, I got
Speaker 1: my summers off. There's something to be said for having
Speaker 1: a job that you like. So I'm definitely not here
Speaker 1: to be like I'll be an entrepreneur.
Speaker 2: I'm like, no, do.
Speaker 1: What you think is right for you know that there's
Speaker 1: benefits and there's there's benefits and detriments to to both sides.
Speaker 3: But yeah, it's also levels. I mean, it's not like
Speaker 3: it's either you know it's zero or you are like
Speaker 3: at the budget needs to level of like multi businesses,
Speaker 3: like an entrepreneur can mean so many different things. You know,
Speaker 3: maybe it's starting your own bakery or starting your photography business.
Speaker 3: I know a lot of great people who run their
Speaker 3: shit and do their you know, do their small business
Speaker 3: and they are you know, they have that balance that
Speaker 3: they're looking for, and it gives them their freedom. I mean,
Speaker 3: it's always the hustle, right, because you're always in charge
Speaker 3: of your own destiny. But yeah, I think that transparency
Speaker 3: is needed so that people can see. I mean I
Speaker 3: have watched, you know, for so long you grow and build,
Speaker 3: the budget needs to empire. I feel like I've had
Speaker 3: a really good perspective of it's not been. It is
Speaker 3: not sunshine and roses. But I think that just makes
Speaker 3: it all the more impressive that you know you've built
Speaker 3: what you've built and continued to build. Yeah, but what
Speaker 3: is what what does Coach Green say about all this?
Speaker 3: I kind of feel like this is a moment where
Speaker 3: I'm like, maybe this is a coaching yes, Like.
Speaker 1: No, honestly, well, she always asked me, like we'en not
Speaker 1: for those of y' all who are just joining us.
Speaker 1: Coach Green is my coach. She's a therapist, but she's
Speaker 1: not my therapist, but she's a coach. She has a
Speaker 1: coaching program, she's amazing as with cis the Locks, just
Speaker 1: like mine. So she is always the reason why, quite
Speaker 1: honestly and transparently, I hired Coach Green because I felt
Speaker 1: out of touch with joy. I told her there was
Speaker 1: a moment where I felt like I was at this
Speaker 1: amazing restaurant and I know the ambiance was great.
Speaker 2: I'm sure the food smells great, and it was like.
Speaker 1: The five star food, and I could taste none of it,
Speaker 1: I could hear none of it, I could smell none
Speaker 1: of it. That I knew that my life was good,
Speaker 1: but I couldn't feel that my life was good, and
Speaker 1: it scared me. And it wasn't until I didn't even know.
Speaker 1: It wasn't the joy part that scared me. It was
Speaker 1: the fact that I also couldn't feel the sadness. Something
Speaker 1: happened that was like genuinely sad and I was mentioning
Speaker 1: it to a friend and she was like, wait what, Tiffany,
Speaker 1: Like that's are you okay about it? And I was
Speaker 1: like yeah, she's like you're talking about it like you're
Speaker 1: just like, yeah, girl, they didn't have my cornflakes at
Speaker 1: stop and shop, but you know there's always a shop, right,
Speaker 1: And it was then that it clicked, like, Tiffany, you're
Speaker 1: not feeling you know, like you're not feeling joy and
Speaker 1: you're not feeling sadness. What happened it's almost like I
Speaker 1: lost my tents of my sense of taste and smell
Speaker 1: as related to my emotion. And if you know me,
Speaker 1: I'm actually a pretty big cry baby. I'm somebody who
Speaker 1: feels deeply. And then all of a sudden I stopped.
Speaker 1: And so that's why I high doctor Green. I thought
Speaker 1: I needed like I well, originally I hired Stephanie, my therapist,
Speaker 1: the therapist coach that y'all done, like, uh and if
Speaker 1: you need.
Speaker 2: A therapist coach, not therapist coach, therapist finder? What was that?
Speaker 1: Navvy psych? I can think it's like nav navsyke something
Speaker 1: like that. Stephanie's amazing. So I met with her and
Speaker 1: told her like, Okay, I think I need a therapist.
Speaker 1: I have not had win a number of years. I
Speaker 1: really need, you know, to help navigate and find a therapist.
Speaker 1: It's navy psych nav I ps y h.
Speaker 2: So Stephanie was.
Speaker 1: The one who was like, honestly, Tiffany, from what I'm
Speaker 1: hearing from you, you actually worked out of a lot
Speaker 1: of your past issues. Because therapy typically is to help
Speaker 1: you resolve your past things, and coaching is to help
Speaker 1: you resolve your current and future things.
Speaker 2: And she said it actually sounds like you might need
Speaker 2: coaching more.
Speaker 1: So she looks, she looked, she looked in and she
Speaker 1: found doctor Green, who is a therapist, but she's based
Speaker 1: in Georgia, so she actually can't be my therapist here
Speaker 1: in Jersey, but she could be my coach. And she's
Speaker 1: been amazing and we've just been working on it. And
Speaker 1: I have to say, honestly, within the first it's been
Speaker 1: a couple of months, I had been feeling not one
Speaker 1: hundred percent, but I would say right now I'm a
Speaker 1: seventy five percent of regaining that joy and like really
Speaker 1: figuring out why is it that I was out of alignment.
Speaker 1: It was not because of the joy component, but because
Speaker 1: there was so much going on that I had there
Speaker 1: was a defense mechanism of like not wanting to feel
Speaker 1: the sadness, you know, So as a result of turning
Speaker 1: that off, when you turn that off, you also turn
Speaker 1: off your capacity to feel joy, you know, and not
Speaker 1: really honestly, not the sadness of work.
Speaker 2: Not the sadness I mean, because I've been struggling with
Speaker 2: how do you know, I've been struggling.
Speaker 5: With fortunity, and I'm really worried the might that never
Speaker 5: have a baby, So I have not wanted to feel this.
Speaker 2: Honestly, I have not even cried about it. I'm actually
Speaker 2: surprise I'm crying now.
Speaker 1: This is a test, submit to doctor Green that I'm
Speaker 1: actually able to cry about it because I have not
Speaker 1: allowed myself to because I don't want to feel it.
Speaker 1: And as a result, though I have not been as
Speaker 1: joyful because I have not wanted to be sad. So,
Speaker 1: you know, it's hard, honestly, because like I can honestly say.
Speaker 2: That I have a really good life.
Speaker 1: For like me and Superman and my husband, we have
Speaker 1: never been closer, like it's been really great. Like I
Speaker 1: didn't grow up with like the best relationship with my
Speaker 1: parents just because I was like I don't know, I
Speaker 1: wasn't like some wild kid, but I was quote unquote
Speaker 1: Nigerian wild. Like you know, I'm not getting the best
Speaker 1: grades and so but you know, but we have such
Speaker 1: a great relationship now, Like I've always had a good
Speaker 1: relationship with my sisters. It's only even Brett closer now
Speaker 1: than ever before.
Speaker 2: Like so I have to say that, like other than that,
Speaker 2: my life is really good.
Speaker 1: So sometimes I feel guilty about feeling said about that
Speaker 1: part you know the Denisa is doing well. I mean,
Speaker 1: is it a lot of work at the Buzzanisa. Yeah,
Speaker 1: But honestly, like, I've got an amazing team full of
Speaker 1: black and brown women mostly who just are so supportive.
Speaker 2: And loving and kind. I mean, I have a really
Speaker 2: good life. But there's that part.
Speaker 1: So I've not been wanted to feel bad because you
Speaker 1: will hear me like I mean, if you listen to
Speaker 1: a past like past podcast episodes, like when I'm talking
Speaker 1: about fertility and how matter of fact I've sound, it's
Speaker 1: because I wasn't allowing myself to feel the sadness and
Speaker 1: the disappointment. So as a result, I have not been
Speaker 1: able to feel the joy of what is already here,
Speaker 1: and so that's why I hired doctor green Is so
Speaker 1: I can feel again. But this part sucks because who
Speaker 1: the hell wants to feel sad?
Speaker 2: I don't, you know?
Speaker 1: So yeah, but I mean I'm grateful for it either way,
Speaker 1: because me actually crying now is good because it means
Speaker 1: that she's actually like I can honestly say, Mandy, I mean,
Speaker 1: I've had it's been almost three years. I've had probably
Speaker 1: like ten different surgeries, fibert surgery, scar move surgery like
Speaker 1: four different, I mean, and then I've had two miscarriages
Speaker 1: and like at least five or six transfers that and
Speaker 1: I have not worked transfers or when they put the
Speaker 1: baby inside you and hope that girls, it has not
Speaker 1: so like it's been a lot. And I can honestly say, Mandy,
Speaker 1: in the three years, I've not cried, you know. So
Speaker 1: the fact that I'm crying now means it's a testament
Speaker 1: to doctor Green's work because it means that like I'm
Speaker 1: allowing myself to feel again, which means that I can
Speaker 1: also feel joy again.
Speaker 2: But yeah, it's just.
Speaker 1: I know, excuse me. It's like happy, happy, go lucky tippy.
Speaker 1: And honestly, I am happy. But it's hard, you know,
Speaker 1: because I see like my because you feel like.
Speaker 2: Damn, what's wrong with me?
Speaker 1: You know, like my mom has five kids, and honestly,
Speaker 1: I just always just assumed they're like, well, girl, you know,
Speaker 1: like of course you're going to be able to have kids, but.
Speaker 2: I don't know.
Speaker 1: I mean, I'm forty one now, so it's not like, oh,
Speaker 1: well girl, yeah, like ten more years, I don't. I
Speaker 1: don't I have one good embryo left, and if this
Speaker 1: doesn't work.
Speaker 2: I don't know.
Speaker 3: So yeah, I'm having a hard time finding words to
Speaker 3: say because I love you so much. I think I'm
Speaker 3: just I'm proud, but I'm also you know, I think
Speaker 3: it's poignant to talk about the pain and the joy.
Speaker 3: And earlier we kind of joked about how we can
Speaker 3: always find it like we always have a sense of
Speaker 3: humor even when you know life is dragging you as
Speaker 3: a black woman in this country. But I feel like
Speaker 3: it's so true. Until you can allow yourself to know
Speaker 3: what pain is, and to understand what pain is, I mean,
Speaker 3: that opens you up to also understand what the joy
Speaker 3: is like. And I mean, obviously have some mu should
Speaker 3: be joyful and grateful about, but sitting with those feelings,
Speaker 3: those uncomfortable feelings, is a muscle that a lot of
Speaker 3: people don't know how to flex. And I do. I
Speaker 3: feel like a lot of a lot, a lot a
Speaker 3: lot of folks out there are in a moment where
Speaker 3: they're avoiding that feeling. They're avoiding the thoughts or avoiding
Speaker 3: the pain. And I think this pandemic honestly has has
Speaker 3: removed some of those mechanisms that we would use to
Speaker 3: you know, move on or stay, you know, be busy
Speaker 3: or avoid certain feelings and things like that. And I'm
Speaker 3: just really glad that it's led you in this direction
Speaker 3: to get the coaching that is being so like fulfilling
Speaker 3: in opening you up and I think letting you access
Speaker 3: a different level of just hopefully joy and well, thank
Speaker 3: you for sharing that. And I know you're not alone.
Speaker 3: You have to know you're not alone, and it doesn't
Speaker 3: make it easier in your struggle probably, but I know
Speaker 3: that you sharing this is powerful, and you know, I
Speaker 3: hope that people are listening and nodding their heads and
Speaker 3: there is no shame. There is absolutely no shame in
Speaker 3: what you're going through and you're not alone. And I
Speaker 3: just virtual hug hu no.
Speaker 1: I appreciate you, Mandy, And it has opened up the
Speaker 1: joy because I've been feeling like way more Like I
Speaker 1: was just looking at my husband Jill the other day
Speaker 1: and I was just like.
Speaker 2: Oh, man, I really really really love him.
Speaker 1: And I mean I've always loved him obviously, but I
Speaker 1: realized that feeling I was feeling was that flood of like, oh,
Speaker 1: this is what you've been locked out of, this like
Speaker 1: intense feeling of like joy of love for him because
Speaker 1: I was not allowing myself to feel the other side.
Speaker 1: So it just I mean, as much as it's hard
Speaker 1: to feel this part, it also means I get the
Speaker 1: other part. So for those of you who are listening,
Speaker 1: I'm sure, like if you're anything like me, when I
Speaker 1: hear somebody else crying, I'm like, well, I guess I'm crying, dude.
Speaker 3: But now I have a cold, dead heart.
Speaker 1: But I do hope that you know, and I share
Speaker 1: that to be transparent because I want one you know
Speaker 1: that I think it's important for you to see that
Speaker 1: we're not perfect over here, you know, like it's not
Speaker 1: you know, for yourself, right, Like I just was always
Speaker 1: like so like I was appreciative when you shared how
Speaker 1: hard it is when Rio came and you were like, yeah, I.
Speaker 2: Think this it's too much.
Speaker 3: Yeah, that was the worst, you.
Speaker 2: Know, that it was too much.
Speaker 1: And I think that was really I think it's important
Speaker 1: that women, especially share like the range of what it
Speaker 1: looks like, you know, because you can look at Mandy
Speaker 1: and being like, I mean, what you've done, like you know,
Speaker 1: joining ally and like that's a huge position. That's that's huge,
Speaker 1: especially at such a young age. But it doesn't mean
Speaker 1: that Mandy doesn't have struggles. And what I've been able
Speaker 1: to do at the as the budgetista, you've gotten to
Speaker 1: see us both grow up if you've listened. But it
Speaker 1: doesn't mean that I also don't have struggles. So whatever
Speaker 1: is happening in your life, like it's just there's just
Speaker 1: a range and hopefully you'll be able to feel the
Speaker 1: fullness of that range.
Speaker 3: So yeah, I think pain is power too. I think
Speaker 3: it also makes you more empathetic. I don't know how,
Speaker 3: And you know, I think about Biden being in the
Speaker 3: White House and how much pain he's gone through personally
Speaker 3: and how he's always shared that and his compassion and empathy,
Speaker 3: and that's what we need more of. So I'm all
Speaker 3: for it, I think. I mean not to be too corny,
Speaker 3: but pain is the privilege in a way, because it
Speaker 3: means that you're still here, you know, to be in pain,
Speaker 3: to have the privilege of waking up each day regardless
Speaker 3: of what's going on. You know, you you know, every
Speaker 3: day we have a chance to be here and to
Speaker 3: put our best foot forward. And some days are bad
Speaker 3: and some days are good. But I think on the
Speaker 3: worst days, when you're feeling your lowest. The one thing
Speaker 3: that the mantra for me is that this is not forever.
Speaker 3: You know, today, we'll you know, if we're a privileged
Speaker 3: we'll have another day. And this feeling that I have
Speaker 3: right now of hopelessness or stress or anxiety or pain,
Speaker 3: it won't last forever. And there's you have to see
Speaker 3: it and sit with it. But you can look at
Speaker 3: it and sort of for me, let it pass, you know,
Speaker 3: let it wave over you, and then you'll, you know,
Speaker 3: hopefully hopefully get to a more joyful and happy place
Speaker 3: and if that wave comes back, it will pass. But
Speaker 3: it's not about ignoring it. It's just sort of like
Speaker 3: writing it and letting it and letting the pain hit
Speaker 3: you so that then you can really and you see
Speaker 3: it every day in your work, you know, you can
Speaker 3: look at people and what they're going through and you
Speaker 3: can look in their eyes and maybe it's not the
Speaker 3: same pain, the same struggle, but we're all just doing
Speaker 3: our damn best. Yeah, I'll just doing the best we can,
Speaker 3: and we got to be there for each other. We
Speaker 3: have to, so paining joy you can share it here,
Speaker 3: you know that. Yeah, I know a mandra and my
Speaker 3: eyes suggest getting a ten dollars Strobe Light for just
Speaker 3: any room in your house, because honestly, it's the best
Speaker 3: ten dollars I've ever sent. And I don't care if
Speaker 3: someone needs to take away my Amazon credit card, but
Speaker 3: ten dollars. So much joy that's going on.
Speaker 2: I'm laughing because you know Superman don't bought a stroke light.
Speaker 3: Right he did? Okay? Yeah, but anything it means Superman
Speaker 3: need to have a party, like a virtual Strobe light party.
Speaker 3: It is, so it's the best. Yeah, put that stroke light.
Speaker 3: He danced with a baby for like two hours on Friday.
Speaker 3: I'm gonna do it after the show.
Speaker 1: Ya, we have these. He put it in the basement
Speaker 1: is too, And there's one that is it is yours
Speaker 1: like voice or noise activated.
Speaker 3: Like if you clapa, Yes, of course he got one.
Speaker 1: I'm like, I swear, you know. It's so funny how
Speaker 1: there are like patents in your life. I look at
Speaker 1: the people that like I really connect and click with
Speaker 1: the most, and how similar So many of my friends
Speaker 1: are like you, like you Superman, my friend Rihanna, like
Speaker 1: my friend Cabrel. There's so many similar personality traits, you know,
Speaker 1: and like this, like you know, like what I love
Speaker 1: so much about you, Mandy. Is that you because I'm
Speaker 1: someone who's like this people pleaser, but I always feel
Speaker 1: that you are just always so clear.
Speaker 3: And concite people and firms.
Speaker 1: I know you have your times, but you know what
Speaker 1: I mean, like to me as a that I'm someone
Speaker 1: who avoids confrontation and you're like, no, I'm okay with
Speaker 1: you know, because I rather be said and done. And
Speaker 1: when I look at Superman, my husband, I look at
Speaker 1: my friend Rihanna, when I look at you, when I
Speaker 1: look at Cabrell, I see that and I see that
Speaker 1: I'm surrounding myself with like just these amazing people that
Speaker 1: I'm better as a result of.
Speaker 2: And so just the fact that you.
Speaker 1: Have a stroke, like like Superman, I'm like, of course
Speaker 1: Mandy does, because.
Speaker 2: That is so.
Speaker 3: Ten dollars you can have your own. The thing is
Speaker 3: we've been going out of our homes to get everything
Speaker 3: that we need. And I know, Tiffany you were saying
Speaker 3: that you're like hitting a wall and you want to
Speaker 3: be out there. I've never felt more like this is
Speaker 3: all I need, everything I need in the entire world
Speaker 3: in this house. If I can't get it Amazon, I
Speaker 3: can see I've got the clothes, I got the booze,
Speaker 3: I got good food. I have my cousin who I adore,
Speaker 3: I have my us Like, I cannot wait for my.
Speaker 1: What's it called it, my bike, my my peloton. I'm like,
Speaker 1: I feel like that's going to just bring a little
Speaker 1: extra juice in the house. So I can't wait for them.
Speaker 3: Oh, you're gonna get a pelotone.
Speaker 1: Yeah, I told you.
Speaker 2: I didn't tell you I'm gonna get it.
Speaker 3: I thought you were thinking about it. I didn't know. Yes,
Speaker 3: I was like, you know, I want to get there.
Speaker 2: Yes, I'm gonna get a penalts because I'm like, you know,
Speaker 2: I just love it.
Speaker 1: I'm excited because I just feel like, you know, I
Speaker 1: already use my treadmill fairly regularly, but I'm like, I
Speaker 1: think it would just be fun to have like a
Speaker 1: bike that will you know, where I can connect with
Speaker 1: other people.
Speaker 2: I've heard like the peloton groups are amazing.
Speaker 3: Yes BGM Black Girl Magic.
Speaker 1: Yes, I've heard that one. My friend Logan, my coworker.
Speaker 3: The funniest group of black women in the entire country
Speaker 3: in the Facebook group. I cannot these all these women
Speaker 3: I love.
Speaker 1: So I'm excited about that. I know this was a
Speaker 1: long question of segment.
Speaker 2: That's good though.
Speaker 1: I feel like that's a good like a question segment
Speaker 1: and we can.
Speaker 3: Right Jane, are you okay? That's your name? Did you
Speaker 3: get everything you came for?
Speaker 2: Jane James? Like that and a whole lot more and.
Speaker 3: A whole now. I love it. Well, thank y'all again
Speaker 3: for the question. That's that's it for our question segment.
Speaker 3: Let's take a quick, quick, quick, little break and then
Speaker 3: we'll come back and do a booster break.
Speaker 2: And we're back with a boost or a break. Are
Speaker 2: you going to boost? Managar, are you going to break?
Speaker 3: I'm going to boost because I feel like we need
Speaker 3: some yes, because well listen, I you know I could break.
Speaker 3: There's plenty to break about, but boosting. I just said it, like,
Speaker 3: I really feel like my home has become this sanctuary.
Speaker 3: And I have made the basement a dark, dismal basement
Speaker 3: with like storage and stuff. And I saw our household
Speaker 3: going towards like the stuff accumulation track, and I'm like,
Speaker 3: noop nipping that in the bud. So we did a
Speaker 3: big basement cleanup and it is officially zen Den and
Speaker 3: I am freaking stoked. And I'm so I'm like kind
Speaker 3: of annoyed at myself that it took me a year
Speaker 3: to claim the space for myself. But now that it's
Speaker 3: now that I've done it, I'm like, why did I
Speaker 3: do this sooner? I come down here during the day
Speaker 3: to just sit in my nice cushy armchair and just
Speaker 3: listen to music or turn on my strobe light and
Speaker 3: just dance it out because I can. Because there's cause
Speaker 3: you can, And like being in your thirties is the best,
Speaker 3: like being professional, and just like I can do my
Speaker 3: job and then I can play and have a good
Speaker 3: time and I can do both things. And just I'm
Speaker 3: trying to access little small moments of joy like that,
Speaker 3: like let me just have some space for myself, spend
Speaker 3: the money that I work so hard to spend on
Speaker 3: something that feeds my soul and not stuff. But can
Speaker 3: How could clearing out this basement and getting rid of
Speaker 3: stuff and just giving me more space to breathe it
Speaker 3: just has. It has made me immensely more happy this
Speaker 3: past week, just having a door I can close and
Speaker 3: come down here and get some work done. We painted
Speaker 3: the walls and it wasn't that expensive. You know, maybe
Speaker 3: I've spent one thousand dollars tops just for like furniture
Speaker 3: and paint. And you know, we got a cool curtain
Speaker 3: that just kind of covers up the two shelves I
Speaker 3: allowed my husband to keep for storage. And you know,
Speaker 3: we put a little bit of like flooring down, I
Speaker 3: mean a rug. It wasn't crazy amounts of money. And
Speaker 3: the time that my husband put into like installing outlets
Speaker 3: for me so I can plug in my desk and
Speaker 3: you know, I love him for that. But I'm very,
Speaker 3: very happy with the Zenden and I'm gonna have to
Speaker 3: do I'm gonna post on installater like the before night.
Speaker 2: I was gonna say, I want to see.
Speaker 3: Yes, she's a work in progress, but she's mine and
Speaker 3: I can't wait. I can't wait. I'm gonna do bookshelves
Speaker 3: and like a little I want to I kind of
Speaker 3: want to do like a little love seat. Maybe I
Speaker 3: can just like take a nap, you know once in
Speaker 3: a while. Yeah, I love it. I'm so so happy.
Speaker 3: And you know, honestly, if I hadn't been banging around
Speaker 3: my house the past year, just like banging my head
Speaker 3: off the walls looking for you know, complaining about how
Speaker 3: no one gives me any privacy and how I'm always
Speaker 3: accessible to the baby and to my husband. Listen, no
Speaker 3: one was going to fix that problem. I had to
Speaker 3: just do it myself. So I am very happy.
Speaker 1: Now good I am. I'm gonna do like a little
Speaker 1: boosts and a bigger boost. So a little boost. I
Speaker 1: bought a Ninja, one of those blenders.
Speaker 2: Girls.
Speaker 1: I was like, you know what, I need to eat
Speaker 1: more vegetables, but sometimes I just don't feel like eating vegetables,
Speaker 1: so I.
Speaker 3: Just want to like suck them down. Yes, And I
Speaker 3: was like so all that chewing.
Speaker 2: Yes, So like Ninja has like this.
Speaker 1: It's literally like it's like the the width of like
Speaker 1: I guess, the palm of your hand.
Speaker 2: It's really short.
Speaker 1: It's literally just for blending like smoothies, but you can
Speaker 1: make it like also I think like butter and like
Speaker 1: I mean and like ice cream or whatever. Because it's
Speaker 1: just this small little base and then you put the
Speaker 1: cup on top. And because I don't like to clean
Speaker 1: the big old blender because I was doing that before
Speaker 1: and I just stopped making sweat of these as a result.
Speaker 1: But this is literally just put the cup on top,
Speaker 1: blend your stuff and it has been everything the whole house.
Speaker 1: Supergirl has been so into it because we're trying to
Speaker 1: get her to eat more vegetables, and so we told her, like,
Speaker 1: at the very least, if you're not gonna eat them,
Speaker 1: you have to drink them. So she makes a smoothie
Speaker 1: for herself every day, and it's been loving it. I
Speaker 1: have to say I love when I say I love it.
Speaker 2: I love it. Amazon brought that to my house, so
Speaker 2: that was joy.
Speaker 1: Then we didn't really talk about but we could just say, hey,
Speaker 1: Whitney right, youngest self made billionaire with bumble Bumble went
Speaker 1: the ipode right.
Speaker 2: Oh did you?
Speaker 3: Was like Whitney who Houston?
Speaker 2: No you did you buy any?
Speaker 3: And I did not buy any bumble stock. I read
Speaker 3: about it. Should I buy some bumble stock?
Speaker 1: No?
Speaker 3: I mean that's why I'm a terrible stock trader. I
Speaker 3: just I read about it and I forget, like I
Speaker 3: don't know, I need to set alerts for myself. No,
Speaker 3: I did not buy any bumble.
Speaker 1: But what I really love is that this is like
Speaker 1: the comebacks story of all comeback story. So if you
Speaker 1: don't know about bumble, so Bumble is like this social
Speaker 1: dating app where women get to make the first move.
Speaker 1: But I love about Bumble. It's like there's like you
Speaker 1: can make like business connections. You could do Bumble best friend.
Speaker 1: We could just look for friendship. But what happened was
Speaker 1: that she was early I think she was one of
Speaker 1: the co founders of Tender or an early executive of Tender.
Speaker 1: I think she was like dating one of the.
Speaker 3: Gods Tender, right, yeah, and they basic, yeah, she had
Speaker 3: like it was a bad falling out, yeah, bad scandal.
Speaker 1: And then they but they really kind of like shamed her,
Speaker 1: like sexually shamed her, like in the in the in
Speaker 1: the Silicon Valley streets. It was really ugly. Then she
Speaker 1: went off to make Bumble. And now, I mean, I
Speaker 1: don't know that there's any not that obviously she's not
Speaker 1: doing this for payback because who cares about them? But
Speaker 1: I just love the fact that, like like the Phoenix,
Speaker 1: she writes from the ashes and created this amazing company
Speaker 1: where it's safe for women, And so I just, yeah, Bumble,
Speaker 1: she's a badass, and I love that she's like she's
Speaker 1: a new mom.
Speaker 2: She's thirty one years old.
Speaker 1: Not to say if you're forty or fifty or sixty,
Speaker 1: that's too late fifty to do anything amazing. But I
Speaker 1: just love the fact that this is someone who was
Speaker 1: counted out after she was pushed out of something that
Speaker 1: she helped to make great, and they thought that they
Speaker 1: had taken her greatness, but she took it with her
Speaker 1: and Bumble is proof positive of that.
Speaker 2: So Whitney Wolf, we salute to girl. So that's just awesome.
Speaker 3: Oh fabulous. Well, I love I love hearing that context too,
Speaker 3: of her her greater story all much. I got bumble?
Speaker 3: I mean, yeah, bumble. What's the new? Is that the
Speaker 3: new dating? That's like a one that's the one where
Speaker 3: women get to invite the man first, right, Okay, I
Speaker 3: love bumble because my one of my good girlfriends, she
Speaker 3: like used bumble to meet friends in the city, which
Speaker 3: I thought was just a stroke of brilliance because yeah,
Speaker 3: we're not all trying to hook up, and women love meeting.
Speaker 3: Women like to make friends in connections. So I love it. Yeah,
Speaker 3: is your did your sister post about it? And your
Speaker 3: secret and your secret stock?
Speaker 1: Surprisingly, what's she's like. She's a lot more conservative than
Speaker 1: people think she. She probably would say, let's wait and see,
Speaker 1: she's not really huge on ip.
Speaker 2: Well that's not true.
Speaker 1: She's more into, like I don't know, I feel like
Speaker 1: physical technology because she's an engineer.
Speaker 2: So yeah, I'm gonna ask.
Speaker 1: I'm like, Caroen, what you think about bombu because she
Speaker 1: didn't mention it surprisingly.
Speaker 3: Enough that to me is like, I mean, I like
Speaker 3: to if I know something really deeply, I'll buy shares
Speaker 3: or you know, something like that. But my little brother,
Speaker 3: he cracked me up just a quick side. He'd texted me.
Speaker 3: He's like, dang, Mandy, I invested in this weed company
Speaker 3: that my friends were talking about. And I guess weed
Speaker 3: stocks had a huge week last week because I don't
Speaker 3: even remember why, some legislation or something like that. And
Speaker 3: he made two thousand dollars I think in overnight. And
Speaker 3: he's like, man, I made two thousand dollars. And I
Speaker 3: was like, I need you to quickly. I was working
Speaker 3: and I was busy, and I'm like, just google unrealized
Speaker 3: gains right, and just just like just because because he's like,
Speaker 3: I learned what a stock was today and I'm like, okay,
Speaker 3: oh my.
Speaker 2: I love it. Can you tell the people what unrealized
Speaker 2: gains so that way they know, well.
Speaker 3: When people say, oh, I made X amount of money
Speaker 3: on a stock. That basically means, you know, I bought
Speaker 3: it for one dollar and then at the end of
Speaker 3: the day the stock was valued by Wall Street for
Speaker 3: ten dollars and so I made you know, ten x
Speaker 3: my one dollar. Cool, But did you make it like
Speaker 3: it's in your bank? No, it's unrealized, which means until
Speaker 3: you cash out sell the stock and then you know,
Speaker 3: take that money and bank it, you haven't really realized it.
Speaker 3: And then there's all we talked about it, you know
Speaker 3: in a couple episodes ago when we're talking about game Stop.
Speaker 3: But there is a there's a tax element, and not
Speaker 3: to say that, of course, making money you're gonna pay
Speaker 3: money because taxes, but doesn't mean that you shouldn't make
Speaker 3: that money. It's amazing. You know, my brother made two
Speaker 3: K and even if Uncle Sam takes forty percent, cool,
Speaker 3: He's still made you know, a nice chunk of change
Speaker 3: just by investing. But I just feel like all the yeah,
Speaker 3: you just you should realize, you know, when you are trading,
Speaker 3: you know, you don't really make that You don't really
Speaker 3: make that money until you you know, cash it out,
Speaker 3: and then even then it's about a long term you know,
Speaker 3: it's a long term view for me. So yeah, maybe
Speaker 3: Alex made two K on his weed stock on Tuesday
Speaker 3: last week, but where is he going to be in
Speaker 3: fifteen years? I don't know, you know, so it kind
Speaker 3: of yeah, so you're investing, just just think about that.
Speaker 3: And he and he's joking about not knowing about stocks.
Speaker 3: I mean, he may not know about like trading individual stocks,
Speaker 3: but that man has had a four to one k
Speaker 3: for a long time. Like he at least just got in,
Speaker 3: opened his four one k, put his little ten percent
Speaker 3: in and you know he's been cruising. So playing with
Speaker 3: money in the stock market on top of that's gravy,
Speaker 3: Like that's icing on the cake.
Speaker 1: Yes, And that's so. I just heard back from Carol.
Speaker 1: I'll say, what do you think about Bumble?
Speaker 2: She's liked I like them.
Speaker 1: She did an episode on that podcast How I Built It.
Speaker 1: She said all dating apps are going to continue to
Speaker 1: do well now that everyone is stuck at home.
Speaker 2: Look at her with her insight.
Speaker 1: So I'm not saying buy Bumble, but what I am
Speaker 1: saying that it might actually if you are into investing.
Speaker 1: That So that's the kind of insight you're looking for, Like, huh,
Speaker 1: Now that we're home, more people are likely going to
Speaker 1: be connecting online. Are there other stocks I might look
Speaker 1: into of companies you know that would care two folks
Speaker 1: who are looking for connection. That's how you really start
Speaker 1: to choose stocks that you're looking for some sort of trend,
Speaker 1: and then you will look at the companies financials to
Speaker 1: back up that trend.
Speaker 3: I love an ETF, and I think what I love
Speaker 3: most about ETFs right now exchange traded funds is that
Speaker 3: if there's a certain company that I'm a fan of,
Speaker 3: there's probably an ETF that contains shares of that fun
Speaker 3: I mean. And ETF is basically a fund that holds,
Speaker 3: you know, different stocks from different companies, not a ton,
Speaker 3: but you know the like the top the top holders,
Speaker 3: and you know, the top the biggest part of an
Speaker 3: ETF might be like ten companies. And like, I invested
Speaker 3: in an ETF called the Arc Innovation ETF. This is
Speaker 3: me personally just because I, you know, tech, big tech
Speaker 3: companies like Zoom and Slack and Tesla and other companies
Speaker 3: did like amazing to say the least this year, and
Speaker 3: for me, instead of having to choose one stock, and
Speaker 3: ETF made sense because you can trade them like stocks,
Speaker 3: but you're actually buying pieces of several companies and it's
Speaker 3: less work. So I am my baby cousin who I've
Speaker 3: been kind of coaching lately. She's she loves cosmetics, and
Speaker 3: I was like, yeah, I know, there's like a cosmetic
Speaker 3: ETF out there, Like she's spending all her money at
Speaker 3: Alta and whatever. And I'm like, where's it, where's it?
Speaker 3: Where's an ETF? And like, what is the name of
Speaker 3: the the parent company of all these brands And it's
Speaker 3: like somehow it's Louis Bouton. I don't know, it's LM
Speaker 3: v H. And I'm just looking through and I'm like,
Speaker 3: this is a great you know, if you love a
Speaker 3: certain like if you're into electronics, or you're into beauty
Speaker 3: or you're into I don't know, energy, there's there's an
Speaker 3: ETF for everybody. And I think that that's that's my
Speaker 3: that's my you know, investing.
Speaker 1: No, No, I agree, because I'm not a like individual. I mean,
Speaker 1: I've done well just because I just did what Carol
Speaker 1: told me. But I'm taking my money and I'm running.
Speaker 1: But no, I am a ETF uh uh, you know
Speaker 1: index fund fan myself because I'm I don't have time
Speaker 1: to do the research. I much rather get a basket
Speaker 1: of like of investments and then just kind of ride
Speaker 1: that weave.
Speaker 3: Yeah, exactly. And I think people criticize, you know, the
Speaker 3: big indexes like SNP five hundred index funds, because well
Speaker 3: they can criticize it because you're only ever going to
Speaker 3: do as good as like the general market does, and
Speaker 3: you won't get the big gains if like one sector
Speaker 3: in that market particularly performs well. So if you invest
Speaker 3: in a ETF that tracks a certain sector, like a
Speaker 3: certain industry, then you're you're more likely to to ride
Speaker 3: their high waves on top, you know, and outperform the
Speaker 3: S and P. So that's just that's that's on that.
Speaker 3: But I still, I still my my biggest holding is
Speaker 3: that S and P index fund through Vanguard, and then
Speaker 3: I have my additional brokerage account and that's where I
Speaker 3: kind of pick and I pick little ETFs or I'll
Speaker 3: you know, buy a stock there by a stock there,
Speaker 3: But I'm not anybody got time for it not here. Anyway,
Speaker 3: Today was a good one. Shall we call it a show?
Speaker 3: We laughed, we cried, key, no.
Speaker 1: We felt joy, sadness, everything in between. Anchor oh, we
Speaker 1: had all the emotions.
Speaker 3: So when you get your peloton, you're gonna have the
Speaker 3: strobe light just like me. And then when they play
Speaker 3: the music and the light is like the section.
Speaker 2: I didn't even realize.
Speaker 3: I'm like, oh my gosh, wow, and that's the best.
Speaker 2: But now I'm like, wait, that is going to be
Speaker 2: such a vibe. Okay, that's fine.
Speaker 3: Have your own little party down there. You got it,
Speaker 3: and then you can we'll we'll have to work on
Speaker 3: our leader board names. Well, of course she'll be the budgetesta.
Speaker 3: I'm brown ambition on Pello. If you guys want to follow, Yeah,
Speaker 3: I'm excited. How long is it going to take for
Speaker 3: your bike to get there?
Speaker 1: Though, that's if you know forever I ordered it, I
Speaker 1: want to say a few weeks ago and they basically
Speaker 1: told me there was like a ninety day.
Speaker 2: It was something too ridiculous.
Speaker 1: So yeah, I mean, but that's okay though, because I'm
Speaker 1: like committed to you know, I want to. I think,
Speaker 1: if anything, pandemic has taught me that you have to
Speaker 1: have things at home because you just don't know, you know.
Speaker 1: I actually like going outside and going for walks and
Speaker 1: things like that. But if I'm not able to. I
Speaker 1: like having something at home as well. And I love
Speaker 1: the fact that Supergirl I hear her like on the
Speaker 1: phone walking on the treadmill. So because she doesn't, you know,
Speaker 1: she's fourteen, so there's no gym for her, you know,
Speaker 1: and so like, you know, like at school, like she
Speaker 1: would normally get exercise because she would be walking to
Speaker 1: class and walking up the steps and going to gym class.
Speaker 1: And the fact that she's not getting that, we're like, oh,
Speaker 1: we want her to stretch her legs. So she goes
Speaker 1: on a treadmill, just off her own free will, just
Speaker 1: to kind of like walk and like watch whatever show
Speaker 1: she's totally into right now. And so there's it's just
Speaker 1: nice to have exercise in the house if you're able.
Speaker 3: Absolutely, And there's a YouTube video for everything.
Speaker 1: If you don't have machines, yes, if you have steps,
Speaker 1: just walk up and down to math or your booty
Speaker 1: will be lifted.
Speaker 3: Okay, sane, All right, darling, We'll go get some I
Speaker 3: don't know, relax, I hope you can relax or are
Speaker 3: you doing a nine pm Instagram?
Speaker 4: Cool?
Speaker 2: I'm not. I'm about to make myself a smoothie.
Speaker 3: My new ninja make a smoothie, hug your boo. All right,
Speaker 3: thanks for opening up. I really I love you a
Speaker 3: lot and thinking about you always, and I know everyone
Speaker 3: who listens is to
Speaker 1: All right, thank you, all right, Bye Tiv, all right,
Speaker 1: bye bye