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Speaker 1: Coach, the energy out there felt different. What changed for

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Speaker 1: the team today?

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Speaker 2: It was the new game day scratches from the California

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Speaker 2: Lottery players.

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Speaker 3: Everything.

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Speaker 4: Those games sent the team's energy through the roof.

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Speaker 1: Are you saying it was the off field play that

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Speaker 1: made the difference on the field.

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Speaker 4: Hey, little play makes your day, and today it made

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Speaker 4: the game.

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Speaker 1: That's all for now, Coach, one more question play the

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Speaker 1: new Los Angeles Chargers, San Francisco forty nine ers and

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Speaker 1: Los Angeles Rams scratchers from the California Lottery. A little

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Speaker 1: play can make your day. Peace made responsibly. Must be

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Speaker 1: eighteen years or older to purchase late or claim.

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Speaker 5: My graduates from my school being forced back drop.

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Speaker 4: Bag drop, Mike drop back drop b drop.

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Speaker 2: Have you shared in this episode of Personal Opinions and

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Speaker 2: Not endorsed by Google or Google Pay?

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Speaker 6: Thanks to Google Pay for sponsoring this episode. Alright, guys,

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Speaker 6: welcome to a very special episode of Early a Lisia.

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Speaker 6: So you know, this is something that we haven't done

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Speaker 6: in the past, but we're looking forward to where we're

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Speaker 6: going to talk about some real topics related to finance

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Speaker 6: that you know people have questions about, people always ask,

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Speaker 6: but nobody really ever touches these things. So we're gonna

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Speaker 6: get into it. And you know, we got some familiar

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Speaker 6: faces that's joining us today.

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Speaker 3: So legends in the game for sure.

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Speaker 6: So the first one. If you're watching Lisia, if you

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Speaker 6: have watched Lidia, I'm pretty sure you get very, very

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Speaker 6: familiar with Kizzia. She has been on market Monday, she's

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Speaker 6: been on Earn Alesia, and she was a start investvest

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Speaker 6: So yeah, the Holy Trilogy. So yeah, I'm pretty sure

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Speaker 6: you know Professor Keys if you're on Instagram, if you

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Speaker 6: follow Earn a Lisia, it's just killing the game. A

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Speaker 6: brilliant entrepreneur, extremely gifted and talented. Uh you know, one

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Speaker 6: of the best speakers that we have come across, and

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Speaker 6: she really really knows her stuff. So teaching, teaching, entrepreneur,

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Speaker 6: teaching financial literacy, there's no one better in the game

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Speaker 6: than Professor Keys. So uh, Professor.

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Speaker 3: Keyese, it's gonna be fun.

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Speaker 6: Welcome, Welcome back to e y l Hi, guys.

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Speaker 7: It is a pleasure to be here with the ghosts

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Speaker 7: the greatest of all time. Y'all know, I absolutely love

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Speaker 7: you you guys, and I love giving you all hugs,

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Speaker 7: hugging your nack in Atlanta. Congratulations on all of your

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Speaker 7: success you already know, I mean your stories, I mean

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Speaker 7: your timeline, I mean your feed. So thank you so

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Speaker 7: much for having me back on the show. I can't

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Speaker 7: wait to have conversations about taboo topics related to money.

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Speaker 3: Yeah, this is going to be fun, and we brought

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Speaker 3: some folks along with us.

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Speaker 2: So I wanted to give a quick shout out to

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Speaker 2: the good folks at Google pay for sponsoring this episode

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Speaker 2: and your Lidia. Y'all know if you don't Google pay,

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Speaker 2: is it safe and simple and helpful way to manage money?

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Speaker 2: And since we always talk about ways of making money

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Speaker 2: and how to earn money right earn your Lesia, it's

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Speaker 2: the most important that we know how to manage that money.

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Speaker 2: So Google pay is an app that can definitely help

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Speaker 2: you with that. It gives you insight into your spending

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Speaker 2: through features like weekly summaries, tracking trends over time, and

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Speaker 2: showing what you spent at every business so you can

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Speaker 2: do what you really want to do with your money.

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Speaker 3: I remember you come from the days of where you

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Speaker 3: kept every receipt after you spend none of those days.

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Speaker 2: Yeah, so when you got to app like Google pay,

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Speaker 2: do all that and one another thing that it does

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Speaker 2: track is obviously you're spending.

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Speaker 3: Since we're on the.

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Speaker 2: Road a lot and we eat out all the time,

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Speaker 2: you get to see what the money is really going.

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Speaker 3: Man, So remember what we got to come back on

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Speaker 3: them spending for our food and we got to fix

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Speaker 3: our eyes.

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Speaker 6: You get to track everything that you spend, So shout

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Speaker 6: out the shop to Google. The Google always decided the time,

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Speaker 6: So yeah, yeah, a Google pay. So let's get into this.

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Speaker 6: So all right, we're going to talk about a variety

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Speaker 6: of different things today and it's going to be a

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Speaker 6: free flowing conversation. So the first thing we want to

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Speaker 6: talk about is financial etiquette as far as like what's

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Speaker 6: table right, because this is something that's extremely important not

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Speaker 6: only for adults, but for adults that's teaching their children.

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Speaker 6: And I feel like children learn about financial literacy through us,

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Speaker 6: through adults, through their parents. So sometimes I feel like

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Speaker 6: we're teaching children bad habits without even actually realizing. So

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Speaker 6: I'm going to talk about a couple of different things.

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Speaker 6: I want to get your opinion, and I want you

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Speaker 6: to rate these things on the taboo scale, one being

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Speaker 6: not tabled at all, ten being extremely table, and then

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Speaker 6: I'm going to ask you, you know, if it's the

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Speaker 6: wrong way to actually phrase the question, what will be

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Speaker 6: the right way to phrase the question? So the first

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Speaker 6: one that I want to ask you is this.

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Speaker 3: We got to see if she's ready?

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Speaker 8: You ready, I'm ready.

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Speaker 7: I feel like this is double Dutch and I'm on

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Speaker 7: the outside. Just kind of do it like this like

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Speaker 7: tack me in, guys on.

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Speaker 3: That was a rhetorical question.

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Speaker 6: We always the first one. This is something that I

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Speaker 6: actually recently gave a Ted talk about this. I used

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Speaker 6: to always ask adult this all the time and I

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Speaker 6: got I never really got a real answer. How much

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Speaker 6: money do you make? This is extremely important question. I'm

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Speaker 6: going to explain is why this is important because I

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Speaker 6: feel like, especially for children, in order for them to

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Speaker 6: aspire to be something, it's good to actually have a

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Speaker 6: gauge of what to expect. So it's like, all right,

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Speaker 6: you might want to be an architect, but how much

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Speaker 6: money does an architect make? Depending on how much money

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Speaker 6: an architect makes, that might determine if you actually want

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Speaker 6: to be an architect or not. So it's easy to

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Speaker 6: find out how much a sports player makes because we

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Speaker 6: could just look and see how Hey, Lebron James makes

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Speaker 6: forty million dollars a year, so that's easy. But you

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Speaker 6: know a lot of these other professions are not listed

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Speaker 6: and you don't know. So when I used to ask

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Speaker 6: these questions a lot, you know, sometimes people tell you,

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Speaker 6: but a lot of times they'd be like, you know,

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Speaker 6: that's rule, don't ask adults, and even as adults sometimes,

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Speaker 6: like being a financial advisor, I used to have to

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Speaker 6: sit down with clients and I would ask them, you

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Speaker 6: know how much money you made? After a while, people

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Speaker 6: started telling me. But a couple of times people would

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Speaker 6: get a little nervous and they'd be like they were

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Speaker 6: it was weird. So I could tell that they were

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Speaker 6: wired from a young age to not not to discuss

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Speaker 6: how much money they make. So how do you feel

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Speaker 6: about that? Is that a taboot question to ask or not?

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Speaker 7: Okay, So I'm gonna write this guys, and Rashad you've

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Speaker 7: already kind of tap into it. On a scale from

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Speaker 7: one ten, I would rate this like an ad like

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Speaker 7: a nine, maybe nine.

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Speaker 8: And a half.

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Speaker 7: And the reason why I say that is some of

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Speaker 7: the reasons that you already alluded to, and it's that

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Speaker 7: I think that society sometimes erroneously associates someone's personal wealth

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Speaker 7: but the economic value that they create specifically in the workforce,

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Speaker 7: and we know that this correlation is absolutely incorrect.

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Speaker 3: Right.

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Speaker 7: People can create value in many different ways, both inside

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Speaker 7: and outside the workplace. So when we enter into conversations

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Speaker 7: and we know that this is very much a taboo topic,

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Speaker 7: I think we enter into what some folks call the

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Speaker 7: numbers game, right, where the person who has the highest

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Speaker 7: number is somehow perceived as being the winner, that number

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Speaker 7: being your wage and your salary, and those folks who

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Speaker 7: have the lower number, right, those folks feel a little shame,

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Speaker 7: maybe you feel a little disappointment because you feel like

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Speaker 7: you can't compete with that individual. But here's the thing, right,

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Speaker 7: there are so many different ways in which salary and

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Speaker 7: earning can be influenced.

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Speaker 8: One of those things is negotiation.

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Speaker 7: But there's also a few things that you can't really

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Speaker 7: control to a certain extent.

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Speaker 8: Office politics.

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Speaker 7: We know offices have their own little political ideologies and

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Speaker 7: the ways that people operate.

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Speaker 8: There's also the wage gain.

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Speaker 7: So people of color and also women specifically are affected

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Speaker 7: by that. I'm a black woman, I've been affected by that.

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Speaker 7: But then also company budgets. So when you think about

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Speaker 7: the social sector, there are people who create maximum value

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Speaker 7: in really phenomenal ways, but the way in which the

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Speaker 7: budget is set up, perhaps they can't be compensated to

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Speaker 7: the extent to which is they contribute. So when we're

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Speaker 7: talking about the numbers game, one of the things that

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Speaker 7: I think is it becomes taboo because people are trying

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Speaker 7: not to.

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Speaker 8: Quote unquote lose.

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Speaker 7: On the other hand, though, I think it's important that

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Speaker 7: we absolutely have those conversations. I was reading or report

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Speaker 7: by Society of Human Resource Managers and one of the

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Speaker 7: things that they said is women negotiate their salary. Only

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Speaker 7: forty five percent of women negotiate their salary.

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Speaker 8: And when you're talking about.

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Speaker 7: Men, sixty eight percent of men negotiate their salary. And

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Speaker 7: the way that you come in at a job, that

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Speaker 7: starting salary can influence the ways in which you earn

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Speaker 7: over the years.

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Speaker 6: Well, let me just follow up on that, because that

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Speaker 6: actually fly a follow up. So negotiation of job this

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Speaker 6: is also a very awful conversation. I want to ask

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Speaker 6: you a two part questions. The first one is going

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Speaker 6: to be from an employee standpoint. So when you're at

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Speaker 6: a job, interview and you get through all of this

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Speaker 6: situation and all of that, at what point should you

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Speaker 6: ask how much you're going to be paid? Or should

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Speaker 6: you say this is how much I would like to

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Speaker 6: be paid, because this is something that's real. You know,

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Speaker 6: everybody's kind of nervous with their job, so a lot

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Speaker 6: of people are going in and they're scared to say

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Speaker 6: how much they want to be paid. They don't even

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Speaker 6: ask how much, and then it's like you just take

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Speaker 6: whatever is offered to you. So at what point should

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Speaker 6: you bring up salary and how should you bring that up?

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Speaker 3: And then we got to rate that because that's a

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Speaker 3: great question. But on one to ten, what are we

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Speaker 3: going with this?

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Speaker 7: Yeah, well, I mean I think it's a not for

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Speaker 7: a table conversation, but we have to rate the extent

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Speaker 7: to which you should be asking the question. It should

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Speaker 7: be an absolute ten. And I think that's where the

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Speaker 7: research comes into play. And you always like to say,

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Speaker 7: don't swim in the ocean of knowledge and drowning ignorance.

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Speaker 7: You want to make sure that you're doing your research

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Speaker 7: about that particular position even as you're applying to the job.

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Speaker 7: But you also want to find people who are in

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Speaker 7: that industry and you want to have a courageous conversation.

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Speaker 7: Maybe you don't approach it like young ershad and you say, hey,

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Speaker 7: how much money you do?

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Speaker 8: You may, but you.

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Speaker 7: Say in context, I'm trying to enter into your industry, right,

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Speaker 7: and I see the position that you work.

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Speaker 8: I aspire to be where you are.

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Speaker 7: Can you give me the range in which people in

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Speaker 7: this position make in regard to salary. What I've learned

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Speaker 7: is sometimes people are more comfortable to give you a range.

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Speaker 7: Remember they're making one hundred thousand dollars, but they don't

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Speaker 7: want to tell you that, and they'll say you can

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Speaker 7: make between ninety one hundred and fifteen. You pair that

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Speaker 7: up with the research that you find on the internet,

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Speaker 7: and I think that sets you up in a good

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Speaker 7: position so that when you go into the interview, you

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Speaker 7: can ask what are they offering?

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Speaker 8: And you know, at least from your negotiation position, what

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Speaker 8: may be fair or not.

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Speaker 2: Yeah, I'm going to go back to the beginning question

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Speaker 2: because twenty years ago, that's exactly how I got into

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Speaker 2: the professional teaching. I asked the teacher, my favorite phys

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Speaker 2: that teacher, I said, how much you make? He told

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Speaker 2: me one hundred and fifty thousand. I said, you.

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Speaker 3: Can make that as a teacher, and he told me

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Speaker 3: again he had a whole plan.

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Speaker 9: This was it.

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Speaker 3: He had base salary, which is one hundred and twenty.

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Speaker 3: He had been working for twenty five years.

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Speaker 2: And then he coached sports that he thought nobody really

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Speaker 2: cared about at the school. So he was the golf

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Speaker 2: coach in our community. People weren't really playing golf. He

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Speaker 2: was the bowling coach. We didn't even know we had

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Speaker 2: a bowling team, and ye had soccer coach, and so

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Speaker 2: he combined all those salaries, and I said, that's what

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Speaker 2: I want to be. And so I'm glad that you

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Speaker 2: asked that shot, that you asked that question and the

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Speaker 2: way your answered perfect. But I'm going to ask you

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Speaker 2: one and you can rate this one to ten on

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Speaker 2: taboo because how much you make is important, But how

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Speaker 2: much do you owe is another conversation that we really

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Speaker 2: have and it can be a little country and be

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Speaker 2: a little embarrassed. But how you rate it and how

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Speaker 2: do we ask this in a more comforment.

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Speaker 7: Yeah, that's a really good question. I would say I

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Speaker 7: would rate that up at a nine or ten. A

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Speaker 7: lot of us experience a lot of anxiety, you know,

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Speaker 7: as it relates to money, right, And a lot of

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Speaker 7: that anxiety is triggered by life experiences.

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Speaker 2: Right.

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Speaker 7: Maybe you're going through a divorce. You're trying to figure

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Speaker 7: out how much just separation is going to cause. Maybe

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Speaker 7: you spend all the way up to your credit limit. Right,

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Speaker 7: maybe you're behind on your car payments. And a lot

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Speaker 7: of this has to do with, right, the money that

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Speaker 7: you owe or that you could owe, And a lot

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Speaker 7: of people feel a lot of embarrassment around that because

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Speaker 7: they think that people might judge them. I think the

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Speaker 7: way in which you approach that conversation is going to

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Speaker 7: go back to the C word that I mentioned earlier,

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Speaker 7: and that has to do with contexts.

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Speaker 8: Why are you asking me?

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Speaker 7: Like when you ask that question to another individual, is

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Speaker 7: it because you're asking that question because you want to

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Speaker 7: support them? Are you asking that question because you would

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Speaker 7: like to share information? Are you asking that question for

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Speaker 7: real practical things like maybe you're in a relationship and

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Speaker 7: you're about to move in together. Right, you're thinking that

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Speaker 7: you're about to get into a relationship get married to somebody,

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Speaker 7: but you're marrying them and you're marrying their earning And

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Speaker 7: also their debt and so having that type of conversation

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Speaker 7: can help sex you up with the type of financial

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Speaker 7: plan to platform you in a position where you can

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Speaker 7: be successful. I think context around the ways in which

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Speaker 7: we manage currency is the best ways in which we

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Speaker 7: can have these conversations.

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Speaker 6: Let me ask you this for business owners, this is

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Speaker 6: another awkward conversation to have when people ask how much

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Speaker 6: are their services? And I see this all the time.

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Speaker 6: People kind of get nervous. Some people say, you can

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Speaker 6: give me what you think is worth. People they'll say, like, well,

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Speaker 6: it's cost this, but for you, I'll do this. Like

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Speaker 6: I feel like this is extremely important for entrepreneurs to

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Speaker 6: be confident in their in their price points. So how

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Speaker 6: do you develop confidence in your price points? And how

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Speaker 6: do you know? Because I know why people short change

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Speaker 6: themselves because they're thinking that they're going to say a

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Speaker 6: number that's too high and people are going to walk

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Speaker 6: away and they'll rather take some money than no money.

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Speaker 6: But doing that actually compromising the business and technrituy. Really,

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Speaker 6: what's your advice for business owners?

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Speaker 7: Listen you speaking my language. Now, that's entrepreneurship. I always

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Speaker 7: tell folks, if you are selling a product or service,

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Speaker 7: then nobody wants to buy.

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Speaker 8: You don't have a business, you have a hib B.

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Speaker 7: But on the other hand, sometimes you absolutely do have

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Speaker 7: a business, but you have the wrong customer. As an entrepreneur,

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Speaker 7: it is absolutely important that you price the product according

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Speaker 7: to what it took for you to craft that product.

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Speaker 7: What are all the materials, right? What are all the

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Speaker 7: services that you have to pay for in order for

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Speaker 7: you to bring that product to market. After you do that,

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Speaker 7: you have to the type of customer for which your

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Speaker 7: product or service is a solution. And when you find

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Speaker 7: that person, it's important for you to understand this. You

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Speaker 7: need to charge what it costs, unapologetically, and they need

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Speaker 7: to pay what it's absolutely worth. I heard you mentioned, Hey,

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Speaker 7: you know, I know these individuals right pay you know

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Speaker 7: whatever it is because we have a relationship.

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Speaker 8: But here's the thing with friends and family discounts.

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Speaker 7: Right one, there's a lot of people asking for the

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Speaker 7: friends and family discount and they're not even related to you.

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Speaker 8: And number two, when it comes out for.

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Speaker 7: Friends and family discounts and people pricing out products, they

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Speaker 7: weren't there when you started your t shirt business and

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Speaker 7: you had to figure out whether it was going to

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Speaker 7: be direct to government print, whether you had to get

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Speaker 7: an envelope, whether you was going to stamp it, whether

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Speaker 7: it was going to be a drop ship. They weren't

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Speaker 7: there looking at your cash flow statements, cash and cash out,

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Speaker 7: So asking them to make a business decision as a consumer,

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Speaker 7: it's just not the right entrepreneurial approach.

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Speaker 3: You professor keys for nothing.

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Speaker 8: What I had to fend the family discount.

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Speaker 7: I was like, listen, I just grewen these and just

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Speaker 7: that y'all trying to, you know, snatch them out.

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Speaker 6: Listen, crazy family they just met yesterday exactly.

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Speaker 3: We passed that segment with flying colors.

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Speaker 2: We're going to move on to our next sevent It's

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Speaker 2: called best move, worst move, And so a lot of

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Speaker 2: times we have a relationship with money.

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Speaker 3: Could be positive, it could be negative.

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Speaker 2: But everybody's gonna have a relationship with it, and everybody's

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Speaker 2: gonna have a journey that comes along with it. So

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Speaker 2: I want to start with what is the best move

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Speaker 2: somebody can have in the beginning or in the middle

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Speaker 2: part of their financial journey.

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Speaker 7: I always tell people that you have to put your

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Speaker 7: money to work. I like to think of my money

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Speaker 7: as a person. Right in my financial life. And what

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Speaker 7: that means is that money can't live in my house

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Speaker 7: and not go get yourself a job. What what I

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Speaker 7: mean by that? That means that your money needs to

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Speaker 7: be going to work for you and your savings account. Right,

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Speaker 7: are you saving money in an account that accrues interest?

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Speaker 8: Right?

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Speaker 7: Your money needs to be going to work for you

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Speaker 7: in investments, however, that looks like whether you're investing in

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Speaker 7: real estate or whether you're investing through.

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Speaker 8: A brokerage account. Inflation is real.

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Speaker 7: I mean this year, I think they're estimateing that inflation

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Speaker 7: is going to be between four percent and six percent.

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Speaker 7: And that means that your dollar today is not worth

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Speaker 7: the same as your dollar last year.

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Speaker 8: So how is your money going to work?

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Speaker 7: In investments where the returns can be much higher than

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Speaker 7: what inflations could be ten percent, twelve percent? That is

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Speaker 7: money going to work. Finally, you need to be thinking

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Speaker 7: about how your money could be going to work in

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Speaker 7: multiple streams of income. I have perhaps a similar story

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Speaker 7: to you, Troy.

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Speaker 2: I don't know, but.

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Speaker 8: I was working a job for a little bit.

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Speaker 7: I got hired into the job as an events manager,

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Speaker 7: and I inherited a really talented administrative assistant we work

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Speaker 7: together for two years.

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Speaker 8: She went and she found another position, another job.

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Speaker 7: But when she left, she said, now I'm going to

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Speaker 7: make sixty thousand dollars. It's ten thousand more than what

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Speaker 7: I'm making now, which would have been fifty thousand. Well,

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Speaker 7: the crazy thing about it is at that time I

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Speaker 7: was making forty two thousand dollars. My administrative assistant was

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Speaker 7: making more than me for two years. And when I

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Speaker 7: heard that conversation, one of the promises that I made

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Speaker 7: to myself. One, I would be having a courageous conversation

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Speaker 7: as it relates to negotiations. But two, I need to

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Speaker 7: make sure that I put the money that I'm earning

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Speaker 7: to work in a side business, in a side hustle.

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Speaker 7: The thing that I want people to realize and understand

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Speaker 7: when it comes down to best money moves is that

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Speaker 7: if your money is in your house, eating up all

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Speaker 7: your food, drinking up all your water, leaving your lights on,

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Speaker 7: running your life, buila, then your money is proverbally under

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Speaker 7: your mattress.

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Speaker 3: So all right, so those are the best moves.

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Speaker 2: What are some of the worst moves that people can

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Speaker 2: make and have made in their financial journce.

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Speaker 7: I would say this not getting all up in your

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Speaker 7: money's business. And I don't know how y'all grew up

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Speaker 7: in your household, but this is how I grew up.

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Speaker 7: We don't lock no doors in my house because when

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Speaker 7: you lock a door in your house, when you a child.

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Speaker 8: Gets taken off the hinges.

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Speaker 2: Right.

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Speaker 7: When it comes down to privacy, of course, you want

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Speaker 7: to respect the privacy of your child. But if you're

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Speaker 7: you know, paying all the bills in your house, let

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Speaker 7: me tell you something, there's not going to be too

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Speaker 7: many secrets up in that house. I think sometimes when

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Speaker 7: it comes down to money, people make guestiments when it

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Speaker 7: comes to spending and also when it comes to earning.

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Speaker 7: And so I'd like to tell people you need to

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Speaker 7: get all up in your money's business.

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Speaker 8: What does that look like?

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Speaker 7: So we're talking about savings, people say, okay, you need

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Speaker 7: to have three to six months worth of emergency savings.

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Speaker 7: In order to calculate that, you need to understand how

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Speaker 7: much you make each month.

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Speaker 8: Have you taken a critical look.

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Speaker 7: At your earnings, at your deposits and also looked at

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Speaker 7: what you spend so cash in and cash oh, and gotten.

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Speaker 8: Down to that bottom number.

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Speaker 7: That's a big reason why like Google pay because you

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Speaker 7: can see the money that you spent. You can also

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Speaker 7: search like deposits, and it lets you know how many

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Speaker 7: deposits have come in and you can also see what

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Speaker 7: you spent. The other thing is I think it's important

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Speaker 7: for you to understand if you're investing in let's say

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Speaker 7: you're retirement, so an individual retirement account of four one K,

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Speaker 7: four three B. Have you opened up that account and

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Speaker 7: started asking yourself critical questions about the mutual funds or

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Speaker 7: the securities in which you selected, right, So that's getting

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Speaker 7: into your money's business, like do you know why you

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Speaker 7: chose that mutual fund?

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Speaker 8: Do you know why you want.

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Speaker 7: To invest in a specific index? Also, separately, as it

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Speaker 7: relates to a side business, as I've brought up earlier,

439
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Speaker 7: you need to make sure that you're understanding how much

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Speaker 7: money your side hustle is bringing in and also how

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Speaker 7: much your side hustle or your side business is costing you.

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Speaker 7: And I think the applications work very well in helping

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Speaker 7: you understand the ways of which you can manage your finances.

444
00:20:59,440 --> 00:21:00,560
Speaker 3: Every dollar as a worker.

445
00:21:00,800 --> 00:21:04,879
Speaker 8: What better way to say, yeah, you can't set up now.

446
00:21:07,480 --> 00:21:10,000
Speaker 6: All y'all work in I'm gonna just follow up on

447
00:21:10,040 --> 00:21:13,040
Speaker 6: that real quick before we leave this segment. You have

448
00:21:13,200 --> 00:21:16,040
Speaker 6: mentioned something that was very important. You said that it's

449
00:21:16,080 --> 00:21:18,399
Speaker 6: important for people to know like what they're invested in,

450
00:21:18,880 --> 00:21:21,240
Speaker 6: and you mentioned the four one K, and that's something

451
00:21:21,280 --> 00:21:25,439
Speaker 6: that's extremely important because most people, the average person, that

452
00:21:25,640 --> 00:21:29,440
Speaker 6: the majority of their investment portfolio is in retirement accounts

453
00:21:30,720 --> 00:21:33,560
Speaker 6: and that most of their net worth is in a

454
00:21:33,640 --> 00:21:36,800
Speaker 6: retirement account or their home. That's the average Americans network

455
00:21:36,880 --> 00:21:38,720
Speaker 6: is tied up in those two things. But a lot

456
00:21:38,720 --> 00:21:42,280
Speaker 6: of people don't have any idea what they're invested in

457
00:21:42,400 --> 00:21:45,639
Speaker 6: their four one K. They don't even know, like you know,

458
00:21:45,680 --> 00:21:48,000
Speaker 6: what their options are. They just money just comes out

459
00:21:48,000 --> 00:21:50,080
Speaker 6: of their paycheck and that's all they know. Can you

460
00:21:50,119 --> 00:21:52,840
Speaker 6: just give them a little like education on how to

461
00:21:52,920 --> 00:21:55,680
Speaker 6: actually go about investing properly in a retirement plan?

462
00:21:56,359 --> 00:21:59,840
Speaker 7: Absolutely first, though I want to I'm going to talk

463
00:21:59,840 --> 00:22:02,320
Speaker 7: of then in a second. One particular rule that I

464
00:22:02,359 --> 00:22:05,359
Speaker 7: think is of importance and relevance to this conversation that

465
00:22:05,440 --> 00:22:07,560
Speaker 7: brings a little more structure and parameters in.

466
00:22:07,560 --> 00:22:09,080
Speaker 8: The ways of what you manage your money.

467
00:22:09,520 --> 00:22:11,560
Speaker 7: Is a rule that I follow that has helped me

468
00:22:11,720 --> 00:22:14,520
Speaker 7: get to the financial place that I'm in now, and

469
00:22:14,600 --> 00:22:18,359
Speaker 7: that is the fifty to thirty twenty rule. Fifty percent

470
00:22:18,359 --> 00:22:21,880
Speaker 7: of your money should absolutely go towards what your needs are.

471
00:22:22,160 --> 00:22:24,760
Speaker 7: So those are the bills that you have to pay,

472
00:22:24,920 --> 00:22:28,720
Speaker 7: making at least the minimum contribution on your credit card,

473
00:22:28,800 --> 00:22:30,760
Speaker 7: or the payment on your credit card, that's paying.

474
00:22:30,520 --> 00:22:32,040
Speaker 8: Your rent or your mortgage.

475
00:22:32,440 --> 00:22:36,600
Speaker 7: Thirty percent of your resources should go to whatever your

476
00:22:36,640 --> 00:22:37,280
Speaker 7: wants are.

477
00:22:37,520 --> 00:22:40,800
Speaker 8: So what are those ones? Is that a subscription you.

478
00:22:40,760 --> 00:22:42,720
Speaker 7: Know that you're paying for, Is that you want to

479
00:22:42,760 --> 00:22:45,280
Speaker 7: go turn up at brunch with your friends every other week?

480
00:22:45,440 --> 00:22:47,720
Speaker 7: And then the final twenty percent is exactly what you

481
00:22:47,840 --> 00:22:50,720
Speaker 7: just asked about with Shad, and that is your savings.

482
00:22:51,000 --> 00:22:53,320
Speaker 7: And when you hear savings, you automatically think of a

483
00:22:53,359 --> 00:22:56,320
Speaker 7: savings account. You should absolutely have one of those, but

484
00:22:56,400 --> 00:22:59,000
Speaker 7: it also relates to your.

485
00:22:58,840 --> 00:23:00,520
Speaker 8: Retirement account as well.

486
00:23:00,960 --> 00:23:03,080
Speaker 7: With your retirement account, you can look at your four

487
00:23:03,240 --> 00:23:05,760
Speaker 7: one K, your four O three B, your TSP which

488
00:23:05,800 --> 00:23:08,320
Speaker 7: is your third savings plan, and also your i R

489
00:23:08,480 --> 00:23:12,359
Speaker 7: which is your individual retirement account as the vehicle, but

490
00:23:12,440 --> 00:23:15,760
Speaker 7: what fuels the vehicle are the mutual funds that you select.

491
00:23:16,200 --> 00:23:17,919
Speaker 7: So there's two ways that you can look at that

492
00:23:18,320 --> 00:23:23,639
Speaker 7: you can look at perhaps investing in a fund that

493
00:23:23,760 --> 00:23:26,560
Speaker 7: tracks your age, right, so that specific.

494
00:23:26,080 --> 00:23:31,600
Speaker 8: Fund, a target date fund.

495
00:23:32,080 --> 00:23:35,520
Speaker 7: You invest in that fund, and the fund managers as

496
00:23:35,560 --> 00:23:39,000
Speaker 7: you get older, your investments in that fund become more conservative.

497
00:23:39,119 --> 00:23:41,760
Speaker 7: When you're younger, it's a little more aggressive, so the

498
00:23:41,840 --> 00:23:44,800
Speaker 7: fund ages with you. Perhaps when you're younger's investing in

499
00:23:44,840 --> 00:23:47,359
Speaker 7: equities and stops, but when you're older, they're investing in

500
00:23:47,400 --> 00:23:51,000
Speaker 7: more conservative assets like bonds. But you can also invest

501
00:23:51,080 --> 00:23:53,040
Speaker 7: in funds that follow major indices.

502
00:23:53,680 --> 00:23:58,720
Speaker 2: A whole lot of game, profess, we got one more set,

503
00:23:58,800 --> 00:23:59,520
Speaker 2: and you got some time.

504
00:23:59,400 --> 00:24:00,800
Speaker 3: For us a whole so I do.

505
00:24:01,119 --> 00:24:01,600
Speaker 6: Yeah, it is.

506
00:24:03,280 --> 00:24:03,840
Speaker 9: You got here.

507
00:24:04,600 --> 00:24:06,760
Speaker 3: We're gonna call this questions for Keys. That's what we're

508
00:24:06,760 --> 00:24:07,520
Speaker 3: gonna call this segment.

509
00:24:07,640 --> 00:24:13,159
Speaker 10: Questions You're a little bit, A little bit so we

510
00:24:13,200 --> 00:24:15,560
Speaker 10: don't go with some scenarios and case studies, and I

511
00:24:15,600 --> 00:24:18,919
Speaker 10: want you to point a pinpoint some important questions that

512
00:24:18,960 --> 00:24:21,800
Speaker 10: people should be asking if they're in those situations.

513
00:24:22,080 --> 00:24:23,920
Speaker 2: I'm gonna start with one that's near and dear to me,

514
00:24:24,720 --> 00:24:30,080
Speaker 2: and that's understanding your student loans. If we're in this situation,

515
00:24:30,240 --> 00:24:32,720
Speaker 2: what are the questions we should be asking in the scenario.

516
00:24:33,840 --> 00:24:37,320
Speaker 7: Okay, so that is near and dear to my heart

517
00:24:37,400 --> 00:24:39,760
Speaker 7: as well. I think it's important for you to know

518
00:24:40,359 --> 00:24:43,399
Speaker 7: whether you have a federal loan or whether you have

519
00:24:43,440 --> 00:24:46,520
Speaker 7: a private loan, because the ways in which you pay

520
00:24:46,560 --> 00:24:49,199
Speaker 7: back those loans may have different parameters. Right, So, if

521
00:24:49,240 --> 00:24:52,240
Speaker 7: you have a federal loan, perhaps there are some assistance

522
00:24:52,320 --> 00:24:55,199
Speaker 7: available to you, like right now with headlining in the

523
00:24:55,240 --> 00:24:58,639
Speaker 7: news the public student loan forgiveness. If you have a

524
00:24:58,680 --> 00:25:00,879
Speaker 7: federal loan, a specific for or a loan, you may

525
00:25:00,920 --> 00:25:03,520
Speaker 7: be able to work at a nonprofit organization, You may

526
00:25:03,560 --> 00:25:05,520
Speaker 7: be able to work for the government, and if you

527
00:25:05,560 --> 00:25:08,760
Speaker 7: make one hundred and twenty qualifying payments that could be

528
00:25:08,880 --> 00:25:09,880
Speaker 7: used towards.

529
00:25:09,520 --> 00:25:12,400
Speaker 8: Potentially getting your student loans forgiven.

530
00:25:12,920 --> 00:25:15,600
Speaker 7: One of the things you should also understand is what

531
00:25:15,680 --> 00:25:18,639
Speaker 7: type of repayment plans are available to you.

532
00:25:18,640 --> 00:25:20,159
Speaker 8: You can repay based off.

533
00:25:20,000 --> 00:25:22,240
Speaker 7: Of the income that you earn, but you could also

534
00:25:22,320 --> 00:25:26,639
Speaker 7: repay based off of other methodologies. Another question that I

535
00:25:26,640 --> 00:25:29,120
Speaker 7: would ask in regard to student loans or what are

536
00:25:29,119 --> 00:25:31,520
Speaker 7: some ways that you can pay off your student loans early.

537
00:25:31,880 --> 00:25:35,000
Speaker 7: I was able to pay off my student loans before

538
00:25:35,119 --> 00:25:37,879
Speaker 7: ten years and a big reason for that is I

539
00:25:37,920 --> 00:25:41,720
Speaker 7: started a nonprofit organization and a for profit business. Two

540
00:25:41,800 --> 00:25:44,800
Speaker 7: years after I graduated from school and the money that

541
00:25:44,880 --> 00:25:49,080
Speaker 7: I earned, I specifically asked my loan service provider if

542
00:25:49,080 --> 00:25:53,359
Speaker 7: I can make those contributions towards the principle balance of

543
00:25:53,440 --> 00:25:57,040
Speaker 7: my student loan, and that helped me reduce my balance

544
00:25:57,119 --> 00:26:00,080
Speaker 7: in a more significant and sustainable way so that I

545
00:26:00,119 --> 00:26:01,560
Speaker 7: paid off a little bit earlier.

546
00:26:02,280 --> 00:26:04,160
Speaker 2: Yeah, I'm glad that you brought up that point about

547
00:26:04,320 --> 00:26:06,639
Speaker 2: one hundred and twenty qualifying payments because if you have

548
00:26:06,640 --> 00:26:08,560
Speaker 2: been paying attention, that has now changed.

549
00:26:08,560 --> 00:26:09,840
Speaker 3: The literature has changed on it.

550
00:26:10,560 --> 00:26:14,720
Speaker 2: The way that they now define qualifying payments has differentiated

551
00:26:14,760 --> 00:26:16,439
Speaker 2: from how it used to be. Whereas when people were

552
00:26:16,440 --> 00:26:20,440
Speaker 2: applying a couple of years ago, no one was getting accepted. Right,

553
00:26:20,640 --> 00:26:22,520
Speaker 2: So now you got one D twelve, one hundred and

554
00:26:22,560 --> 00:26:25,560
Speaker 2: twenty qualified payments and plus ten years of service. Like

555
00:26:25,560 --> 00:26:27,439
Speaker 2: you said, depend on your profession, you can be forgiven.

556
00:26:27,560 --> 00:26:30,480
Speaker 2: So keep me so with that point.

557
00:26:31,080 --> 00:26:35,560
Speaker 6: Yeah, So another big one. What question should you ask

558
00:26:35,800 --> 00:26:37,679
Speaker 6: or what should you know when you are in the

559
00:26:37,720 --> 00:26:40,920
Speaker 6: process of buying a car? Extremely extremely important.

560
00:26:42,520 --> 00:26:44,520
Speaker 7: The first question you should ask is what is your

561
00:26:44,520 --> 00:26:48,400
Speaker 7: credit score? I think that that is one hundred percent important.

562
00:26:48,520 --> 00:26:50,440
Speaker 7: And one of the things that I didn't know until

563
00:26:50,440 --> 00:26:52,639
Speaker 7: I was in a market to buy a home and

564
00:26:52,720 --> 00:26:56,280
Speaker 7: also a new vehicle. Shout out to Asada, that's the

565
00:26:56,359 --> 00:26:59,080
Speaker 7: name to my car rip. She died a couple of

566
00:26:59,080 --> 00:27:00,280
Speaker 7: weeks ago.

567
00:27:00,760 --> 00:27:02,360
Speaker 3: But I've heard.

568
00:27:04,680 --> 00:27:07,439
Speaker 7: Is that there are different credit scores assigned to different

569
00:27:07,440 --> 00:27:10,439
Speaker 7: assets like your car and also lack, your home. And

570
00:27:10,480 --> 00:27:12,399
Speaker 7: so when I was going car shoping, just like when

571
00:27:12,440 --> 00:27:14,400
Speaker 7: I was going house shop, and I went and looked

572
00:27:14,440 --> 00:27:17,679
Speaker 7: for the specific fight folks score that was associated with

573
00:27:17,720 --> 00:27:18,880
Speaker 7: that particular asset.

574
00:27:19,240 --> 00:27:20,840
Speaker 8: And one of the things that people.

575
00:27:20,560 --> 00:27:23,040
Speaker 7: Don't know is sometimes that score might be a little

576
00:27:23,160 --> 00:27:28,280
Speaker 7: higher than the score that you might see and experience equifacts,

577
00:27:28,280 --> 00:27:30,439
Speaker 7: et cetera on just a general level.

578
00:27:30,840 --> 00:27:32,639
Speaker 8: So that would be one question I would ask.

579
00:27:33,080 --> 00:27:35,800
Speaker 7: Second question I would ask, is is this something that

580
00:27:35,880 --> 00:27:39,080
Speaker 7: you could really afford comfortably? So we talked about the

581
00:27:39,119 --> 00:27:42,000
Speaker 7: fifty to thirty twenty rule, right, so fifty percent is

582
00:27:42,040 --> 00:27:46,679
Speaker 7: dedicated towards your your needs. And so are you buying

583
00:27:46,680 --> 00:27:49,560
Speaker 7: a car because you want to flex, right, and so

584
00:27:49,600 --> 00:27:51,560
Speaker 7: you're trying to buy at the top of your budget?

585
00:27:51,880 --> 00:27:54,640
Speaker 7: Are you buying a car that you absolutely can afford?

586
00:27:55,160 --> 00:27:57,560
Speaker 7: And a way which you can determine that is making

587
00:27:57,600 --> 00:28:00,040
Speaker 7: sure again that you get all in your money business

588
00:28:00,080 --> 00:28:02,760
Speaker 7: and you know the cash coming in and also the

589
00:28:02,800 --> 00:28:04,240
Speaker 7: cash going out.

590
00:28:04,680 --> 00:28:06,920
Speaker 2: Yeah, I'm saving the best for last. And we spoke

591
00:28:06,960 --> 00:28:10,399
Speaker 2: about kind of sharing with other people. So what are

592
00:28:10,440 --> 00:28:12,680
Speaker 2: the questions you should be asking when you're sharing your

593
00:28:12,720 --> 00:28:17,120
Speaker 2: expenses with someone a spouse, a girlfriend, like when when

594
00:28:17,240 --> 00:28:19,760
Speaker 2: and when's the appropriate time to do it? What are

595
00:28:19,800 --> 00:28:21,080
Speaker 2: the questions we should be asking?

596
00:28:21,640 --> 00:28:25,520
Speaker 7: You know, that's something that I'm still exploring, you know,

597
00:28:25,680 --> 00:28:28,879
Speaker 7: out here, Sigle in these streets. When I have a

598
00:28:28,920 --> 00:28:33,280
Speaker 7: conversation with someone who I'm getting serious about, I think

599
00:28:33,280 --> 00:28:36,560
Speaker 7: it's important to make sure that your financial philosophy is

600
00:28:36,600 --> 00:28:40,400
Speaker 7: as compatible as you are as people. Right, So perhaps

601
00:28:40,480 --> 00:28:44,280
Speaker 7: your values around money may differ from the person with

602
00:28:44,360 --> 00:28:46,840
Speaker 7: whom you're dating, and I think the ways in which

603
00:28:46,880 --> 00:28:49,360
Speaker 7: you can have that conversation a lot of it has

604
00:28:49,400 --> 00:28:52,840
Speaker 7: to do with what I think is again contextualizing conversations.

605
00:28:52,880 --> 00:28:54,960
Speaker 7: If you want to move in together, you want to

606
00:28:54,960 --> 00:28:57,360
Speaker 7: have a conversation about how much you're earning, but you

607
00:28:57,400 --> 00:29:00,480
Speaker 7: also want to have a conversation about who's can distributing,

608
00:29:00,600 --> 00:29:02,200
Speaker 7: and then how much is it going to be fifty

609
00:29:02,200 --> 00:29:03,880
Speaker 7: to fifty, Is it going to be sixty forty? Is

610
00:29:03,880 --> 00:29:06,240
Speaker 7: it going to be a seventy thirty split. You want

611
00:29:06,280 --> 00:29:10,040
Speaker 7: to have a conversation about credit scores, you know, I

612
00:29:10,040 --> 00:29:12,760
Speaker 7: think that that's important. A lot of people leverage credit

613
00:29:13,040 --> 00:29:16,800
Speaker 7: in order to buy assets, right, But if one person

614
00:29:16,840 --> 00:29:19,520
Speaker 7: has an excellent credit score and the other person does not,

615
00:29:20,080 --> 00:29:23,080
Speaker 7: then that means perhaps you're only leveraging one person's credit

616
00:29:23,120 --> 00:29:25,080
Speaker 7: score over the other, unless.

617
00:29:24,760 --> 00:29:26,840
Speaker 8: Of course, you add them as an authorized user to

618
00:29:26,880 --> 00:29:27,400
Speaker 8: your account.

619
00:29:27,960 --> 00:29:30,280
Speaker 7: I think the other thing is you want to have

620
00:29:30,360 --> 00:29:33,440
Speaker 7: conversations perhaps about some of the different things happening in

621
00:29:33,480 --> 00:29:35,800
Speaker 7: the news, right, So instead of it seeming like a

622
00:29:35,880 --> 00:29:38,360
Speaker 7: Q and A like an interview, perhaps you can look

623
00:29:38,360 --> 00:29:41,880
Speaker 7: at what's happening on some of these major network and

624
00:29:41,880 --> 00:29:45,000
Speaker 7: when you have those conversations, sometimes the values come out.

625
00:29:45,400 --> 00:29:48,880
Speaker 6: So then you have it. Ladies and gentlemen, pess the

626
00:29:49,000 --> 00:29:52,800
Speaker 6: keys always a pleasure certified gym drop plas.

627
00:30:01,000 --> 00:30:01,960
Speaker 8: Thank you so much.

628
00:30:01,800 --> 00:30:02,360
Speaker 9: For having me.

629
00:30:02,480 --> 00:30:05,920
Speaker 7: Guys, you already know I want one hundred percent support

630
00:30:06,000 --> 00:30:08,840
Speaker 7: are your leisure Thank you Google pay for having us

631
00:30:08,880 --> 00:30:12,280
Speaker 7: for a real deal conversation and I look forward to

632
00:30:12,280 --> 00:30:15,080
Speaker 7: continue conversations you.

633
00:30:15,080 --> 00:30:18,640
Speaker 2: Have, Thank you, thank you amazing.

634
00:30:18,760 --> 00:30:22,720
Speaker 6: Yes, yes, so for the second half of this show,

635
00:30:23,600 --> 00:30:26,880
Speaker 6: we are bringing on another heavy hited. This is a

636
00:30:26,960 --> 00:30:32,320
Speaker 6: highly inticispendable situation. Yes, it was only amount of time.

637
00:30:35,200 --> 00:30:40,000
Speaker 6: Anthony O nil for a long, long time number one

638
00:30:40,040 --> 00:30:43,120
Speaker 6: bestseller killing the podcast game. That's why I used to

639
00:30:43,320 --> 00:30:47,640
Speaker 6: I used to see him as a competition on the podcast.

640
00:30:48,280 --> 00:30:50,400
Speaker 6: So it's not the word time, first time that I

641
00:30:50,720 --> 00:30:55,840
Speaker 6: got familiar with him, but really dynamic business leader, thought leader,

642
00:30:56,320 --> 00:31:01,800
Speaker 6: and he also has a very good way with words,

643
00:31:02,360 --> 00:31:03,040
Speaker 6: very good.

644
00:31:03,200 --> 00:31:05,600
Speaker 3: Or accomplished speaker.

645
00:31:05,880 --> 00:31:11,600
Speaker 11: Yes, oh yeah, this is this is like I said,

646
00:31:11,640 --> 00:31:14,040
Speaker 11: I know people have been anticipating in this collaboration for

647
00:31:14,080 --> 00:31:16,680
Speaker 11: a while, so I'm glad that we're able to, you know,

648
00:31:16,760 --> 00:31:18,840
Speaker 11: do this and hopefully this could be the startup a

649
00:31:18,840 --> 00:31:19,800
Speaker 11: lot of other things that.

650
00:31:19,720 --> 00:31:23,520
Speaker 6: We can do together. So first and foremo Anthony, how

651
00:31:23,560 --> 00:31:25,360
Speaker 6: are you, brother? Thank you for joining us. Appreciate it.

652
00:31:25,400 --> 00:31:28,200
Speaker 12: Man, earn your leisures man. There's no competition, brother. You

653
00:31:28,240 --> 00:31:30,440
Speaker 12: know what I'm saying, y'all are earned your leisure. So y'all,

654
00:31:30,520 --> 00:31:32,600
Speaker 12: y'all are the goats right now. I'm coming for you.

655
00:31:32,640 --> 00:31:34,840
Speaker 12: But you know what I'm saying, I respect the generals

656
00:31:34,840 --> 00:31:36,280
Speaker 12: in the space. Man, such an honor to be on

657
00:31:36,320 --> 00:31:36,960
Speaker 12: y'all platform.

658
00:31:37,040 --> 00:31:40,760
Speaker 3: Bro, we appreciate you being. Congratulations on everything man.

659
00:31:41,040 --> 00:31:43,280
Speaker 12: Man, thank you all so much. Man, appreciate what y'all

660
00:31:43,280 --> 00:31:46,480
Speaker 12: doing for the community. Uh, invest fast was off the chain, man,

661
00:31:46,560 --> 00:31:48,240
Speaker 12: so again, solute, thank.

662
00:31:48,120 --> 00:31:51,920
Speaker 6: You, thank you, thank you, brother, appreciate that. So all right,

663
00:31:52,000 --> 00:31:54,680
Speaker 6: so let's jump into this, Troy. Yeah, first segment.

664
00:31:54,800 --> 00:31:57,120
Speaker 2: So we had a few segments with the Professor Keezier

665
00:31:57,360 --> 00:31:59,520
Speaker 2: Williams prior to you coming on, and we got a

666
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Speaker 2: couple of seid is you want to do with you now?

667
00:32:01,680 --> 00:32:04,880
Speaker 3: The first one I'll call this cannot afford this right now?

668
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Speaker 3: All right? So exactly that's what's it.

669
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Speaker 13: We start right away, so we're gonna be discussing how

717
00:35:06,880 --> 00:35:08,080
Speaker 13: to determine whether or not.

718
00:35:08,120 --> 00:35:12,440
Speaker 2: You can afford different financial commitments by taking on honest

719
00:35:12,480 --> 00:35:13,400
Speaker 2: look at your expenses.

720
00:35:13,640 --> 00:35:14,359
Speaker 3: Are you cool with that?

721
00:35:14,840 --> 00:35:16,160
Speaker 12: Yeah, let's do it, man, let's do it. That's hand

722
00:35:16,160 --> 00:35:18,240
Speaker 12: some fun. I'm gonna be real. Now, y'all may not agree,

723
00:35:18,280 --> 00:35:20,120
Speaker 12: but I'm gonna be real. I'm gonna keep it real

724
00:35:20,160 --> 00:35:21,440
Speaker 12: since it is a real deal.

725
00:35:21,920 --> 00:35:22,359
Speaker 3: All right.

726
00:35:22,680 --> 00:35:26,480
Speaker 6: So first one that I want to start with. This

727
00:35:26,560 --> 00:35:29,800
Speaker 6: is probably the most common thing anybody is faced with.

728
00:35:30,840 --> 00:35:34,080
Speaker 6: Vacation trips just happens all the time. You know, whether

729
00:35:34,080 --> 00:35:37,160
Speaker 6: it's college kids a spring break, but it's adults going

730
00:35:37,200 --> 00:35:40,920
Speaker 6: on a destination wedding that they really can't afford but

731
00:35:41,440 --> 00:35:43,120
Speaker 6: they don't want to. You know, financial pair pressure is

732
00:35:43,160 --> 00:35:46,279
Speaker 6: a very real thing. So how do you feel about

733
00:35:46,600 --> 00:35:50,000
Speaker 6: vacations that you may not be able to afford?

734
00:35:50,440 --> 00:35:52,319
Speaker 12: I mean, here's the truth. I love vacations. I'm gonna

735
00:35:52,360 --> 00:35:54,480
Speaker 12: keep it real with you. You know I love them,

736
00:35:54,520 --> 00:35:59,040
Speaker 12: But I also love staycations. Now, staycations is when you

737
00:35:59,080 --> 00:36:02,359
Speaker 12: know I may not have the financial means to go

738
00:36:02,480 --> 00:36:04,600
Speaker 12: out of state, to go out of the country because

739
00:36:04,600 --> 00:36:06,560
Speaker 12: I'm focused on my vision for my life. So if

740
00:36:06,600 --> 00:36:09,359
Speaker 12: your vision is to get out of debt, if you're

741
00:36:09,400 --> 00:36:12,040
Speaker 12: married watching this and your vision is to build your

742
00:36:12,040 --> 00:36:14,359
Speaker 12: first home, or maybe you're single and you're like, yo,

743
00:36:14,440 --> 00:36:16,719
Speaker 12: my vision is to pay off my student loans. Well,

744
00:36:16,800 --> 00:36:18,960
Speaker 12: you may need to step back and look at your

745
00:36:18,960 --> 00:36:21,200
Speaker 12: budget and see, all right, cool, can I go on

746
00:36:21,280 --> 00:36:24,320
Speaker 12: this vacation or should I stay on this staycation? Maybe

747
00:36:24,360 --> 00:36:27,319
Speaker 12: just go to the hotel downtown and save me three

748
00:36:27,360 --> 00:36:28,919
Speaker 12: grand and put that towards my debt.

749
00:36:29,200 --> 00:36:32,040
Speaker 4: So you got to really ask yourself can you afford it?

750
00:36:32,320 --> 00:36:32,480
Speaker 3: Now?

751
00:36:32,800 --> 00:36:34,480
Speaker 12: If you were on my show and you telling me

752
00:36:34,520 --> 00:36:36,200
Speaker 12: you're drowning in a bunch of debt, I'm gonna tell

753
00:36:36,200 --> 00:36:38,520
Speaker 12: you now you really can't afford to do nothing, No dates,

754
00:36:38,600 --> 00:36:41,960
Speaker 12: no ice cream shops, pretty much nothing.

755
00:36:42,000 --> 00:36:42,160
Speaker 3: Man.

756
00:36:42,160 --> 00:36:44,640
Speaker 12: But you know, right now, the key thing is what's

757
00:36:44,680 --> 00:36:47,040
Speaker 12: your vision and make sure that everything that you're doing

758
00:36:47,160 --> 00:36:49,799
Speaker 12: is aligning to your vision and helping you get there

759
00:36:49,840 --> 00:36:52,439
Speaker 12: and not slowing you down or preventing you from getting there.

760
00:36:53,080 --> 00:36:53,279
Speaker 3: Yeah.

761
00:36:53,320 --> 00:36:56,480
Speaker 2: I'm glad we're having this segment with Google pay because

762
00:36:56,560 --> 00:36:59,680
Speaker 2: obviously that's going to help everybody see the financial situations

763
00:36:59,719 --> 00:37:00,440
Speaker 2: a lot clearer.

764
00:37:00,680 --> 00:37:02,239
Speaker 3: And I know you're a death free guy. You don't

765
00:37:02,280 --> 00:37:05,000
Speaker 3: like living death free, you like living death free. You

766
00:37:05,040 --> 00:37:07,759
Speaker 3: don't like having debt as part as the portfolio.

767
00:37:07,840 --> 00:37:11,000
Speaker 2: So this is another key one, right, Like vacations are important,

768
00:37:11,040 --> 00:37:15,919
Speaker 2: but deciding when to buy or can I afford to buy?

769
00:37:16,160 --> 00:37:19,920
Speaker 3: Versus am I going to have to rent? You know what?

770
00:37:19,960 --> 00:37:21,759
Speaker 12: Man, I think one thing that we really got to

771
00:37:21,800 --> 00:37:24,160
Speaker 12: have a conversation about, especially within our culture, is that

772
00:37:24,200 --> 00:37:26,920
Speaker 12: there's nothing wrong with renting. You know, I think buying

773
00:37:27,200 --> 00:37:30,640
Speaker 12: is is very important because ownership is very important. I

774
00:37:30,640 --> 00:37:34,000
Speaker 12: want to be clear up front, owning your home, ownership

775
00:37:34,000 --> 00:37:36,760
Speaker 12: in general, owning your business, et cetera, is very very important.

776
00:37:36,920 --> 00:37:39,120
Speaker 12: But you want to make sure that you're not house poor.

777
00:37:39,440 --> 00:37:40,880
Speaker 12: And what I mean is you go out there and

778
00:37:40,880 --> 00:37:44,399
Speaker 12: you get this great mortgage, this huge mortgage, this beautiful home,

779
00:37:44,680 --> 00:37:46,640
Speaker 12: but you can't afford to put a bed in your bedroom,

780
00:37:46,640 --> 00:37:48,520
Speaker 12: You can't afford to put a couch inside of the

781
00:37:48,520 --> 00:37:50,719
Speaker 12: living room, you can't afford to cut the grass. You

782
00:37:50,719 --> 00:37:53,320
Speaker 12: are scared to cut on the water because you're already

783
00:37:53,360 --> 00:37:55,600
Speaker 12: maxed out. And so what I tell people is again,

784
00:37:55,640 --> 00:37:57,480
Speaker 12: step back and look at your budget. And what I

785
00:37:57,480 --> 00:38:00,000
Speaker 12: teach people is make sure that your mortgage is less

786
00:38:00,080 --> 00:38:03,359
Speaker 12: than twenty five percent of your take home pay. Now

787
00:38:03,360 --> 00:38:05,000
Speaker 12: if you're going to stretch it a little bit past that.

788
00:38:05,000 --> 00:38:07,880
Speaker 4: That's cool. I'm with it, but ballpark even with me.

789
00:38:07,960 --> 00:38:10,719
Speaker 12: I'm right at about twenty two percent with my personal mortgage,

790
00:38:10,800 --> 00:38:12,759
Speaker 12: but that is the only debt that I actually rock with.

791
00:38:12,880 --> 00:38:15,759
Speaker 12: But there's nothing one with renting. Rent until you are

792
00:38:15,800 --> 00:38:17,440
Speaker 12: ready to purchase a home.

793
00:38:17,719 --> 00:38:17,880
Speaker 3: You know.

794
00:38:17,920 --> 00:38:19,600
Speaker 12: One of the key things I'll tell people is how

795
00:38:19,600 --> 00:38:21,759
Speaker 12: do you know you're ready to purchase a home? Key

796
00:38:21,800 --> 00:38:23,520
Speaker 12: thing is do you have twenty percent to put down

797
00:38:23,520 --> 00:38:25,279
Speaker 12: on your home? You guys know this because if we

798
00:38:25,280 --> 00:38:27,560
Speaker 12: can put down twenty percent, we'll avoid a p and

799
00:38:27,600 --> 00:38:30,440
Speaker 12: mind that's a private mortgage insurance. So if we avoid

800
00:38:30,440 --> 00:38:32,799
Speaker 12: that p and mind, that can save you anywhere from

801
00:38:32,840 --> 00:38:35,000
Speaker 12: one hundred up to five hundred dollars if you're going

802
00:38:35,040 --> 00:38:36,160
Speaker 12: through the FAHA route.

803
00:38:36,840 --> 00:38:40,279
Speaker 4: So that's one key. Number Two key is you know,

804
00:38:40,360 --> 00:38:41,759
Speaker 4: do you have enough money.

805
00:38:41,520 --> 00:38:43,520
Speaker 12: To at least get you into the home and you

806
00:38:43,600 --> 00:38:46,479
Speaker 12: have six months on reserve to where if you lost

807
00:38:46,480 --> 00:38:49,960
Speaker 12: your job during the transition, if the pandemic hit again,

808
00:38:50,200 --> 00:38:51,799
Speaker 12: at least you have something to get you and your

809
00:38:51,800 --> 00:38:54,520
Speaker 12: family through. So there's nothing wrong with renting, y'all. To

810
00:38:54,560 --> 00:38:56,440
Speaker 12: be real with you, I've been making my kind of

811
00:38:56,440 --> 00:38:59,319
Speaker 12: money now for about six seven, about seven years. I

812
00:38:59,560 --> 00:39:01,879
Speaker 12: just for purchased my first home about four years ago

813
00:39:02,400 --> 00:39:03,759
Speaker 12: because I wanted to make sure when I got in

814
00:39:03,800 --> 00:39:06,239
Speaker 12: my home, I had the bread and I can afford it,

815
00:39:06,280 --> 00:39:08,239
Speaker 12: and I was at peace every time I walked into

816
00:39:08,239 --> 00:39:08,600
Speaker 12: my home.

817
00:39:09,280 --> 00:39:10,919
Speaker 6: So let me just follow up on that real quick.

818
00:39:11,000 --> 00:39:13,120
Speaker 6: So you said you said twenty percent.

819
00:39:12,920 --> 00:39:16,040
Speaker 4: Right, twenty five percent of your take home pay, so

820
00:39:16,440 --> 00:39:16,839
Speaker 4: all right?

821
00:39:16,920 --> 00:39:20,120
Speaker 6: So, and take on pay is extremely important because you

822
00:39:20,160 --> 00:39:22,920
Speaker 6: could be getting paid ten thousand dollars a month, but

823
00:39:23,080 --> 00:39:27,200
Speaker 6: your take on pay is seven thousand, so maybe.

824
00:39:27,000 --> 00:39:28,000
Speaker 4: Yeah, yeah.

825
00:39:28,000 --> 00:39:30,279
Speaker 12: And they keep in mind too, the banks, y'all know,

826
00:39:30,320 --> 00:39:31,640
Speaker 12: if you use worked for the bank man, they're going

827
00:39:31,680 --> 00:39:34,200
Speaker 12: to approve you off of your gross income. They're not

828
00:39:34,239 --> 00:39:36,359
Speaker 12: going to approve you off of your net income. So

829
00:39:36,400 --> 00:39:38,960
Speaker 12: that's why it's very important for you. Before you get

830
00:39:39,000 --> 00:39:41,480
Speaker 12: your pre approval, you sit down, you look at your

831
00:39:41,520 --> 00:39:44,160
Speaker 12: budget and say, no, what I can afford three thousand

832
00:39:44,200 --> 00:39:46,120
Speaker 12: dollars a money. You take that to the bank, tell

833
00:39:46,160 --> 00:39:49,080
Speaker 12: them send me a pre approval based upon that right there,

834
00:39:49,440 --> 00:39:51,319
Speaker 12: nothing more, because if you can, if you know you

835
00:39:51,360 --> 00:39:53,840
Speaker 12: can afford three thousand and let's say your gross is

836
00:39:53,880 --> 00:39:55,839
Speaker 12: eight thousand, they're going to approve you at forty five

837
00:39:55,920 --> 00:39:58,319
Speaker 12: hundred to five thousand dollars mortgage payment and you don't

838
00:39:58,320 --> 00:39:58,719
Speaker 12: want that.

839
00:39:59,719 --> 00:40:02,000
Speaker 6: Yeah, that's extremely that's a gym right there. I just

840
00:40:02,000 --> 00:40:03,719
Speaker 6: want to take one minute to just let that soak

841
00:40:03,719 --> 00:40:05,880
Speaker 6: in because I shot to our part of MBO mortgage.

842
00:40:05,920 --> 00:40:08,200
Speaker 6: He always talked about that old time. Don't be house

843
00:40:08,280 --> 00:40:10,799
Speaker 6: rich in cash poor, and a lot of people are

844
00:40:10,840 --> 00:40:14,239
Speaker 6: over extending themselves for their dream home but they really

845
00:40:14,239 --> 00:40:16,720
Speaker 6: can't afford it. And what you said is extremely important.

846
00:40:16,719 --> 00:40:18,600
Speaker 6: You get a mortgage based off of your gross, not

847
00:40:18,680 --> 00:40:20,480
Speaker 6: your net. But you don't live off of growth, you

848
00:40:20,520 --> 00:40:22,600
Speaker 6: live off of net. So it's up to you to

849
00:40:22,640 --> 00:40:26,680
Speaker 6: actually have enough financial responsibility, enough education to understand that

850
00:40:26,719 --> 00:40:29,120
Speaker 6: even though you're getting a mortgage for one hundred thousand,

851
00:40:29,400 --> 00:40:32,000
Speaker 6: if you're only taking home sixty five thousand, you got

852
00:40:32,000 --> 00:40:34,520
Speaker 6: to work off the sixty five thousand, not one hundred thousand.

853
00:40:34,560 --> 00:40:35,520
Speaker 3: All that's a big fan.

854
00:40:35,760 --> 00:40:37,480
Speaker 4: Well, that's big facts, man, big facts.

855
00:40:38,080 --> 00:40:40,640
Speaker 2: And I want to go to one because this one's personal.

856
00:40:41,280 --> 00:40:44,560
Speaker 2: It's there and there I actually went through it. Can

857
00:40:44,680 --> 00:40:46,000
Speaker 2: I afford a new car?

858
00:40:46,080 --> 00:40:46,399
Speaker 3: Right now?

859
00:40:46,440 --> 00:40:48,719
Speaker 2: I'll tell you and Rashade was there when I did it.

860
00:40:49,520 --> 00:40:51,400
Speaker 2: I said, how much of the payment that kill me?

861
00:40:51,920 --> 00:40:54,319
Speaker 2: Five hundred and seventy four dollars a month? I said, man,

862
00:40:54,360 --> 00:40:56,560
Speaker 2: I'm only making twelve hundred a month.

863
00:40:56,960 --> 00:41:03,920
Speaker 3: Let's do it. So if I can I afford this

864
00:41:04,040 --> 00:41:06,000
Speaker 3: right now, a new car, that's a scenario.

865
00:41:06,440 --> 00:41:09,279
Speaker 12: Hey man, Now this is where people may hate me

866
00:41:09,280 --> 00:41:13,640
Speaker 12: when I say this. Listen, if you have to finance it,

867
00:41:13,800 --> 00:41:17,080
Speaker 12: you can't afford the car. My own personal opinion is

868
00:41:17,120 --> 00:41:18,920
Speaker 12: if I can pay cash for it, I got a

869
00:41:18,960 --> 00:41:21,759
Speaker 12: fully funded emergency fund. I can afford whatever I can

870
00:41:21,800 --> 00:41:25,839
Speaker 12: pay cash for. You know, I just purchased my dream car.

871
00:41:26,360 --> 00:41:29,480
Speaker 12: Maybe about what's February February sixteenth is when I purchased

872
00:41:29,480 --> 00:41:31,960
Speaker 12: my my dream car. The cars is a depreciating asset

873
00:41:32,000 --> 00:41:34,520
Speaker 12: in my in my personal opinion, and so if I

874
00:41:34,600 --> 00:41:37,359
Speaker 12: have to finance it, if I have to finance it,

875
00:41:37,560 --> 00:41:38,799
Speaker 12: then I can't afford the car.

876
00:41:39,360 --> 00:41:40,640
Speaker 4: So I went financial freedom.

877
00:41:41,000 --> 00:41:42,520
Speaker 2: That was the wise word. They said, if you can't

878
00:41:42,520 --> 00:41:43,839
Speaker 2: buy it twice, you can't afford it.

879
00:41:44,239 --> 00:41:45,640
Speaker 4: Yeah, jay Z is the man.

880
00:41:47,040 --> 00:41:48,719
Speaker 6: So you don't believe at least in cars at all.

881
00:41:49,360 --> 00:41:51,600
Speaker 12: No, I don't, man, And I know on the business side.

882
00:41:51,640 --> 00:41:53,560
Speaker 12: I know Professor Keys would probably go off on me,

883
00:41:54,040 --> 00:41:56,920
Speaker 12: you know, but you know, I understand. I understand the

884
00:41:56,920 --> 00:42:00,000
Speaker 12: business method, and I don't knock people who who belie

885
00:42:00,040 --> 00:42:03,319
Speaker 12: even that method. That's totally totally cool, you know. But

886
00:42:03,400 --> 00:42:05,560
Speaker 12: for me, I just believe in ownership. I believe in

887
00:42:05,640 --> 00:42:08,279
Speaker 12: owning everything that I have. I don't do any debt.

888
00:42:08,320 --> 00:42:10,680
Speaker 12: I pay cash for it that you have it?

889
00:42:11,000 --> 00:42:12,520
Speaker 6: All right, let's move on.

890
00:42:12,800 --> 00:42:15,319
Speaker 3: Yeah, man, And this one I haven't experienced in about

891
00:42:15,320 --> 00:42:18,680
Speaker 3: ten years because I've been a married man. But let's

892
00:42:18,719 --> 00:42:19,759
Speaker 3: talk about dating.

893
00:42:20,120 --> 00:42:23,879
Speaker 4: Oh nah, man, let me all right. End of the show, brother,

894
00:42:24,000 --> 00:42:24,560
Speaker 4: end of the show.

895
00:42:27,680 --> 00:42:30,120
Speaker 3: Will we face out of dating? Can we afford it? Now?

896
00:42:30,200 --> 00:42:31,600
Speaker 3: What's going on? Give us some advice?

897
00:42:33,400 --> 00:42:38,319
Speaker 4: If you just started dating, can you afford to date? Man?

898
00:42:38,360 --> 00:42:39,799
Speaker 4: You know, here's my thing.

899
00:42:39,840 --> 00:42:42,919
Speaker 12: Man, If you can't afford to pay your bills at home,

900
00:42:43,040 --> 00:42:46,360
Speaker 12: then you can't afford to day. If you're struggling to

901
00:42:46,400 --> 00:42:48,880
Speaker 12: pay your life bill, if you're struggling to you know,

902
00:42:48,920 --> 00:42:51,440
Speaker 12: put food on your table personally by yourself, then not

903
00:42:51,560 --> 00:42:55,799
Speaker 12: you can't afford to day. If you can't afford to

904
00:42:55,840 --> 00:42:58,640
Speaker 12: even feed yourself, now you can't afford today. But if

905
00:42:58,680 --> 00:43:00,440
Speaker 12: you got it, man, go out there, get you a date.

906
00:43:00,560 --> 00:43:02,240
Speaker 12: I'm trying to get me a date, to be honest,

907
00:43:02,280 --> 00:43:04,239
Speaker 12: So I want you to date. I want you to

908
00:43:04,280 --> 00:43:06,880
Speaker 12: find someone. You know, we all need our helpmate, we

909
00:43:06,920 --> 00:43:09,759
Speaker 12: all need our soulmate. I just want to make sure though,

910
00:43:09,920 --> 00:43:13,880
Speaker 12: like when we do actually find the person, especially as

911
00:43:13,920 --> 00:43:15,680
Speaker 12: a man, we're brothers. I'm gonna keep it real here

912
00:43:15,960 --> 00:43:17,400
Speaker 12: as a brother, let's just make sure we're in a

913
00:43:17,440 --> 00:43:20,560
Speaker 12: good place, at least a stable place financially when we

914
00:43:20,600 --> 00:43:21,319
Speaker 12: do start dating.

915
00:43:22,480 --> 00:43:25,960
Speaker 6: Let's let's talk about moving on from a dating conversation

916
00:43:26,719 --> 00:43:29,600
Speaker 6: to the wedding conversation. And that's something that This is

917
00:43:29,600 --> 00:43:34,480
Speaker 6: something that's extremely important because etiquette is something that I

918
00:43:34,600 --> 00:43:38,719
Speaker 6: realize not everybody has because not everybody is taught etiquette,

919
00:43:39,280 --> 00:43:44,000
Speaker 6: and unfortunately a lot of people just don't know. So

920
00:43:44,080 --> 00:43:45,600
Speaker 6: when you don't know what to do, you do what

921
00:43:45,640 --> 00:43:50,960
Speaker 6: you know. So this is a big issue. It's a

922
00:43:51,000 --> 00:43:56,240
Speaker 6: big issue. So okay, let me ask you this question.

923
00:43:56,360 --> 00:43:59,880
Speaker 6: If you can't afford a wedding gift or in a

924
00:44:00,000 --> 00:44:03,760
Speaker 6: appropriate wedding gift, should you go to the wedding? Should

925
00:44:04,400 --> 00:44:07,480
Speaker 6: give a bogus gift? And I'll give it to you

926
00:44:07,560 --> 00:44:11,040
Speaker 6: later when I have it. What's the etiquette for that man?

927
00:44:11,160 --> 00:44:14,800
Speaker 4: Go to the wedding, you know, really you know what

928
00:44:14,880 --> 00:44:15,239
Speaker 4: I'm saying.

929
00:44:15,239 --> 00:44:16,799
Speaker 12: I mean my thing is, go to the wedding if

930
00:44:16,840 --> 00:44:19,160
Speaker 12: you have the right motives. You know, I don't want

931
00:44:19,200 --> 00:44:21,200
Speaker 12: you to be focused on like, well, I don't have

932
00:44:21,280 --> 00:44:22,520
Speaker 12: any I don't have any money, so.

933
00:44:22,520 --> 00:44:23,160
Speaker 4: I don't want to go.

934
00:44:23,320 --> 00:44:27,560
Speaker 12: No, go, because your prayers, your support, your mission to

935
00:44:27,600 --> 00:44:30,640
Speaker 12: help them win is more important. Now give them look

936
00:44:30,640 --> 00:44:32,480
Speaker 12: a bit of something something, give them a card. Don't

937
00:44:32,480 --> 00:44:34,920
Speaker 12: go there, you know, empty empty handed. But you don't

938
00:44:34,920 --> 00:44:36,759
Speaker 12: need to go there with a big old thousand dollars

939
00:44:36,760 --> 00:44:39,160
Speaker 12: gift or the big old box gift. Now give them

940
00:44:39,239 --> 00:44:42,919
Speaker 12: something that comes from your heart and they'll receive it. Well,

941
00:44:43,600 --> 00:44:45,720
Speaker 12: I remember I went to a wedding and I didn't

942
00:44:45,719 --> 00:44:48,640
Speaker 12: have any money. Actually made a card and a girlfriend

943
00:44:48,640 --> 00:44:51,000
Speaker 12: at the time who I was dating, she actually gave

944
00:44:51,000 --> 00:44:53,279
Speaker 12: me a very creative idea. And you'll believe it or not,

945
00:44:53,360 --> 00:44:56,000
Speaker 12: it costs me maybe seven dollars to do that whole gift.

946
00:44:56,440 --> 00:44:58,680
Speaker 12: And they sent both of us a letter saying thank

947
00:44:58,719 --> 00:45:00,600
Speaker 12: you so much because they really felt it came from

948
00:45:00,600 --> 00:45:00,959
Speaker 12: the heart.

949
00:45:01,200 --> 00:45:03,280
Speaker 4: And it wasn't just a gift just to be a gift.

950
00:45:04,320 --> 00:45:06,440
Speaker 2: I'm glad that with Sean, I'm glad you brought up

951
00:45:06,480 --> 00:45:08,560
Speaker 2: the word etiquette because we're gonna move right to our

952
00:45:08,560 --> 00:45:09,680
Speaker 2: next seven perfect segue.

953
00:45:09,719 --> 00:45:09,799
Speaker 7: Man.

954
00:45:09,840 --> 00:45:13,080
Speaker 2: The next seven we're gonna do, Anthony. It's called money manners, right,

955
00:45:13,120 --> 00:45:15,839
Speaker 2: So that's all about etiquette. So this segment, we're gonna

956
00:45:15,840 --> 00:45:19,240
Speaker 2: ask you some questions about etiquette when it comes to money.

957
00:45:19,480 --> 00:45:21,319
Speaker 2: So I'm gonna start with all, are you ready for this?

958
00:45:21,640 --> 00:45:22,239
Speaker 4: Yeah, let's good.

959
00:45:22,920 --> 00:45:27,160
Speaker 3: Okay. How late is it too late to pay someone back.

960
00:45:28,880 --> 00:45:33,080
Speaker 4: On time? That's too late?

961
00:45:33,200 --> 00:45:34,879
Speaker 12: I mean, if you pay me back on the date

962
00:45:34,960 --> 00:45:37,319
Speaker 12: that we agreed, I think that's too late. You know,

963
00:45:37,719 --> 00:45:40,440
Speaker 12: I think you should be focused on, you know, getting

964
00:45:40,440 --> 00:45:42,399
Speaker 12: me my money back or giving I don't really loan

965
00:45:42,400 --> 00:45:42,799
Speaker 12: out money.

966
00:45:42,880 --> 00:45:45,080
Speaker 4: If I give you money, I'm giving it to you.

967
00:45:45,360 --> 00:45:47,239
Speaker 12: I don't expect you to pay it back to me,

968
00:45:47,280 --> 00:45:50,120
Speaker 12: because I just believe that just messages up friendships and relationships.

969
00:45:50,640 --> 00:45:52,640
Speaker 12: So if I can't afford to give you the money,

970
00:45:52,680 --> 00:45:55,600
Speaker 12: I'm not going to give you the money. But if

971
00:45:55,640 --> 00:45:58,239
Speaker 12: you did agree to pay someone back, here's what I

972
00:45:58,239 --> 00:45:58,719
Speaker 12: want you to do.

973
00:45:59,200 --> 00:46:00,440
Speaker 4: That's your number one assignment.

974
00:46:00,480 --> 00:46:02,520
Speaker 12: Don't go by nothing to eat, don't be going out

975
00:46:02,520 --> 00:46:05,359
Speaker 12: on dates, don't be spending any extra money nowhere else.

976
00:46:05,600 --> 00:46:08,200
Speaker 12: If your friend loans you money, if your family loaned

977
00:46:08,239 --> 00:46:10,960
Speaker 12: you money, you know you agreed to pay them back

978
00:46:11,040 --> 00:46:14,359
Speaker 12: by X date. You'll try to pay them back before then.

979
00:46:14,800 --> 00:46:17,040
Speaker 12: If you cannot, then you need to have a clear

980
00:46:17,080 --> 00:46:19,919
Speaker 12: conversation with them, be like, Yo, I'm struggling. Here's where

981
00:46:19,920 --> 00:46:21,879
Speaker 12: I'm at. I just want to over and I want

982
00:46:21,920 --> 00:46:24,120
Speaker 12: to over communicate and be honest with you and just

983
00:46:24,200 --> 00:46:26,080
Speaker 12: let you know, Hey, this is where I'm at.

984
00:46:26,440 --> 00:46:27,560
Speaker 3: I hope everyone's listening.

985
00:46:27,680 --> 00:46:29,719
Speaker 2: I'm sure somebody has a friend right now that is

986
00:46:30,040 --> 00:46:32,759
Speaker 2: like I'm that person or this person owes.

987
00:46:32,520 --> 00:46:37,600
Speaker 6: Me let me ask you this. As far as the

988
00:46:37,719 --> 00:46:41,640
Speaker 6: relationship conversation is concerned, I believe forty eight percent of

989
00:46:41,760 --> 00:46:45,920
Speaker 6: marriages that end in divorce are because of financial reasons.

990
00:46:46,040 --> 00:46:49,880
Speaker 6: It's like the number one cause divorce. A lot of

991
00:46:49,920 --> 00:46:52,680
Speaker 6: these issues are because the conversation was never brought up

992
00:46:52,680 --> 00:46:55,759
Speaker 6: at the beginning. So there's a lot of issues that

993
00:46:55,880 --> 00:46:58,960
Speaker 6: people have in relationships. Like some people want to have

994
00:46:59,160 --> 00:47:02,279
Speaker 6: joint bank account, some people are strung against that. Some

995
00:47:02,320 --> 00:47:05,240
Speaker 6: people believe that you should only pay cash for things

996
00:47:05,239 --> 00:47:07,680
Speaker 6: and have no debt. Some people believe that you can

997
00:47:07,760 --> 00:47:10,840
Speaker 6: have that and just use your credit card. So a

998
00:47:10,880 --> 00:47:14,320
Speaker 6: lot of issues come in relationships, but nobody ever really

999
00:47:14,320 --> 00:47:16,480
Speaker 6: talks about it until they actually get into it. So

1000
00:47:17,160 --> 00:47:20,359
Speaker 6: what are some ways how do you start the conversation

1001
00:47:21,120 --> 00:47:24,400
Speaker 6: about finances when you're courting somebody, when you're in a relationship,

1002
00:47:24,440 --> 00:47:26,840
Speaker 6: At what stage should you start and how do you start?

1003
00:47:27,200 --> 00:47:28,839
Speaker 12: You're not so funny, man, I just did a show

1004
00:47:28,880 --> 00:47:33,440
Speaker 12: on that, bro and I think the opinion is not popular,

1005
00:47:33,440 --> 00:47:36,440
Speaker 12: But I believe before you get into any committed relationship,

1006
00:47:36,760 --> 00:47:40,280
Speaker 12: you should have a serious conversation about finances. Because you're right,

1007
00:47:40,440 --> 00:47:44,560
Speaker 12: nearly forty eight percent of them marriages in because of money.

1008
00:47:44,640 --> 00:47:46,759
Speaker 12: Now check this out. It's not because of the lack

1009
00:47:46,840 --> 00:47:50,280
Speaker 12: of money, it's because of the thought process behind the money.

1010
00:47:50,640 --> 00:47:53,160
Speaker 12: And so it's very important to know upfront, do we

1011
00:47:53,280 --> 00:47:56,800
Speaker 12: align with the same vision when it comes to our money.

1012
00:47:56,880 --> 00:47:59,560
Speaker 12: You know, are we on the let's avoid debt track

1013
00:47:59,680 --> 00:48:01,799
Speaker 12: or are on the I want to just use other

1014
00:48:01,800 --> 00:48:05,719
Speaker 12: people's money to build wealth. Now, whatever side you on,

1015
00:48:05,920 --> 00:48:08,040
Speaker 12: just make sure that you are aligned on the same

1016
00:48:08,120 --> 00:48:10,080
Speaker 12: side when it comes to finances, when it comes to

1017
00:48:10,160 --> 00:48:12,719
Speaker 12: raising your children, when it comes to your spiritual walk,

1018
00:48:12,880 --> 00:48:14,360
Speaker 12: you know, you just got to really just have the

1019
00:48:14,520 --> 00:48:18,680
Speaker 12: healthy conversation. So for me, I suggest, if you're dating

1020
00:48:18,800 --> 00:48:22,279
Speaker 12: with the intent of settling into a committed relationship that

1021
00:48:22,360 --> 00:48:25,120
Speaker 12: ultimately leads to a marriage, before you get into a

1022
00:48:25,120 --> 00:48:28,400
Speaker 12: committed relationship, have the conversation, and the conversation is simple.

1023
00:48:28,440 --> 00:48:30,600
Speaker 12: You know, can we just talk about your vision? What's

1024
00:48:30,600 --> 00:48:33,440
Speaker 12: your vision for your life, what's your vision for your family,

1025
00:48:33,719 --> 00:48:35,759
Speaker 12: what's your vision for your finances? What are some of

1026
00:48:35,800 --> 00:48:37,440
Speaker 12: your goals. Do you want to build a home, do

1027
00:48:37,480 --> 00:48:39,440
Speaker 12: you want to have multiple homes? Do you want to

1028
00:48:39,440 --> 00:48:41,319
Speaker 12: pay for your kids college? I mean, do you want

1029
00:48:41,360 --> 00:48:43,640
Speaker 12: to leave a legacy? And I think that's the easy

1030
00:48:43,680 --> 00:48:46,600
Speaker 12: way to have the conversation without going into I know,

1031
00:48:46,600 --> 00:48:48,719
Speaker 12: Professor Key said that talk about the credit score and

1032
00:48:48,719 --> 00:48:50,600
Speaker 12: stuff like that. For me, I don't care about your

1033
00:48:50,600 --> 00:48:52,600
Speaker 12: credit score. I don't know what's up here in your mind?

1034
00:48:52,760 --> 00:48:57,239
Speaker 12: What exactly do you do? And then honestly, where do

1035
00:48:57,280 --> 00:48:59,759
Speaker 12: you spend your money? You know, I would definitely ask

1036
00:48:59,760 --> 00:49:01,799
Speaker 12: some do you have the Google pay app? Can we

1037
00:49:01,840 --> 00:49:05,400
Speaker 12: look and see where do you spend your money? You know,

1038
00:49:06,800 --> 00:49:08,759
Speaker 12: you know, But at the same time, I mean, I

1039
00:49:08,840 --> 00:49:11,120
Speaker 12: just think the conversation has to happen because what you

1040
00:49:11,160 --> 00:49:14,160
Speaker 12: don't want to do is get married. Then you have

1041
00:49:14,280 --> 00:49:16,960
Speaker 12: the conversation, and then you find out that you're lin

1042
00:49:17,000 --> 00:49:19,040
Speaker 12: aligned and going in the same direction.

1043
00:49:19,560 --> 00:49:22,040
Speaker 4: That's where the start of divorce starts happening.

1044
00:49:22,120 --> 00:49:25,120
Speaker 12: So before you get committed, before you fall in love,

1045
00:49:25,200 --> 00:49:27,960
Speaker 12: before you all get deep into this thing, have the

1046
00:49:28,040 --> 00:49:30,640
Speaker 12: important conversations. And one of that is and where do

1047
00:49:30,680 --> 00:49:32,200
Speaker 12: we staying when it comes to our finances?

1048
00:49:32,560 --> 00:49:35,120
Speaker 2: Yeah, this sounds like a conversation that we're happening at

1049
00:49:35,120 --> 00:49:37,919
Speaker 2: a nice restaurant, you know, in top of the line

1050
00:49:37,920 --> 00:49:39,720
Speaker 2: of food, maybe some red wines on the table.

1051
00:49:40,680 --> 00:49:42,640
Speaker 3: My question is when we come to money, man, is

1052
00:49:43,239 --> 00:49:49,600
Speaker 3: what's the out of care for? Who pays for the date? Man?

1053
00:49:51,360 --> 00:49:52,400
Speaker 4: Are we talking about the first day?

1054
00:49:52,440 --> 00:49:52,600
Speaker 3: Bro?

1055
00:49:52,719 --> 00:49:54,240
Speaker 4: We're talking about like any dates?

1056
00:49:55,080 --> 00:49:57,640
Speaker 13: What we're talking about, Well, let's start with the first

1057
00:49:57,680 --> 00:49:59,439
Speaker 13: one and hopefully we get to some more.

1058
00:49:59,560 --> 00:50:02,919
Speaker 3: Right, this might be the reason we don't get number two.

1059
00:50:03,560 --> 00:50:05,879
Speaker 12: One of my godsister, she went out in the first

1060
00:50:05,920 --> 00:50:07,799
Speaker 12: date with this guy and she didn't have any money.

1061
00:50:07,880 --> 00:50:09,680
Speaker 12: I literally gave her some money and said, he listen,

1062
00:50:09,800 --> 00:50:11,960
Speaker 12: he's going to pay for the date. But if something

1063
00:50:12,000 --> 00:50:14,840
Speaker 12: goes down and you're uncomfortable, leave your half, call me

1064
00:50:14,960 --> 00:50:16,600
Speaker 12: and I'll come get you. So I want to make

1065
00:50:16,600 --> 00:50:20,320
Speaker 12: sure our queens are prepared. But at the same time, brothers, listen,

1066
00:50:20,560 --> 00:50:23,920
Speaker 12: first date, take her out. Now, check this out. I'm

1067
00:50:23,960 --> 00:50:26,120
Speaker 12: gonna be real and pot myself on blasts on earn

1068
00:50:26,160 --> 00:50:27,720
Speaker 12: your leader's network, your.

1069
00:50:27,600 --> 00:50:28,200
Speaker 4: Boy, Anthony.

1070
00:50:28,239 --> 00:50:30,040
Speaker 12: I'm not spending no more than fifty dollars, two one

1071
00:50:30,080 --> 00:50:32,439
Speaker 12: hundred dollars on the first day. I'm not dropping two

1072
00:50:32,520 --> 00:50:34,920
Speaker 12: three four hundred dollars on the first day.

1073
00:50:34,960 --> 00:50:37,320
Speaker 4: Broft, fifty dollars.

1074
00:50:37,320 --> 00:50:42,160
Speaker 12: Man, We're going no, no, no, not See, That's what

1075
00:50:42,160 --> 00:50:43,960
Speaker 12: I'm saying. It's like, I don't want to go for me.

1076
00:50:44,239 --> 00:50:46,000
Speaker 12: I don't want to go to a restaurant on the

1077
00:50:46,000 --> 00:50:49,399
Speaker 12: first date and we're sitting across the table and we're

1078
00:50:49,400 --> 00:50:52,040
Speaker 12: a little uncomfortable with each other, just staring at each other,

1079
00:50:52,120 --> 00:50:54,839
Speaker 12: eating food, having to talk loud over the people that's

1080
00:50:54,880 --> 00:50:57,040
Speaker 12: in the restaurant. So I want to get creative and

1081
00:50:57,080 --> 00:50:59,360
Speaker 12: I want to find something. What does she enjoy? What

1082
00:50:59,560 --> 00:51:01,320
Speaker 12: is what is I want to see her personality. I

1083
00:51:01,400 --> 00:51:03,239
Speaker 12: want to see Can she smile? Can she laugh? Can

1084
00:51:03,320 --> 00:51:06,320
Speaker 12: she have a good time? I'm always serious. We're always serious.

1085
00:51:06,360 --> 00:51:08,040
Speaker 12: We do this for a living. So I want to

1086
00:51:08,040 --> 00:51:09,960
Speaker 12: go somewhere we can actually have fun. I can see

1087
00:51:09,960 --> 00:51:12,239
Speaker 12: her character, I can see how she laughs, I can

1088
00:51:12,280 --> 00:51:14,399
Speaker 12: see if she can have fun, and let's do that.

1089
00:51:14,560 --> 00:51:17,000
Speaker 12: Then the second date. I'm a wined diner. But the

1090
00:51:17,000 --> 00:51:18,840
Speaker 12: first day, I just wanted to get to know you.

1091
00:51:18,880 --> 00:51:20,480
Speaker 12: I want to laugh, I want to smile. I want

1092
00:51:20,480 --> 00:51:22,680
Speaker 12: to see can we vibe? And then we go from there.

1093
00:51:22,880 --> 00:51:25,600
Speaker 12: Now we're talking about a fifty seventy five dollars a day.

1094
00:51:25,719 --> 00:51:29,040
Speaker 12: That's fun, that's creative. I put effort into it. I'm

1095
00:51:29,040 --> 00:51:31,200
Speaker 12: going to plan the whole thing out. I'll get a

1096
00:51:31,239 --> 00:51:32,640
Speaker 12: second date. Don't get it twisted.

1097
00:51:35,400 --> 00:51:37,080
Speaker 6: Let me ask you this. This is a big question

1098
00:51:37,360 --> 00:51:40,280
Speaker 6: that once again, not a lot of people was taught tipping.

1099
00:51:40,440 --> 00:51:43,800
Speaker 6: Tipping is extremely important and I was always taught, you

1100
00:51:43,840 --> 00:51:50,040
Speaker 6: know twenty that's like will dump, but that tipping waiters

1101
00:51:50,080 --> 00:51:52,799
Speaker 6: is only one part of tipping. Yeah, you tip your driver?

1102
00:51:53,000 --> 00:51:55,439
Speaker 6: Do you tip your the guy that takes your your

1103
00:51:56,239 --> 00:51:58,480
Speaker 6: trash out? Like at the end of the year, do

1104
00:51:58,520 --> 00:52:01,880
Speaker 6: you get like do you tip? How do you go

1105
00:52:01,960 --> 00:52:04,120
Speaker 6: about tipping, how do you know if it's the right

1106
00:52:04,160 --> 00:52:06,719
Speaker 6: amount to tip? It becomes very complicated. Like even the

1107
00:52:06,800 --> 00:52:10,439
Speaker 6: kid the bus drobbers for the kids, Yeah, they got

1108
00:52:10,440 --> 00:52:10,919
Speaker 6: to get tipped.

1109
00:52:10,960 --> 00:52:12,759
Speaker 3: Yeah. At Christmas time, I tip the bus line.

1110
00:52:12,920 --> 00:52:16,240
Speaker 6: So so yeah, what's the etiquette on tipping?

1111
00:52:16,520 --> 00:52:16,680
Speaker 3: Man?

1112
00:52:16,680 --> 00:52:19,000
Speaker 12: Tipping is very important. Tipping for me is just showing

1113
00:52:19,280 --> 00:52:22,160
Speaker 12: your your generosity spirit. I'm very big on being a giver.

1114
00:52:22,360 --> 00:52:24,240
Speaker 12: I believe it's best to give than it is to receive.

1115
00:52:24,840 --> 00:52:28,160
Speaker 12: So I tip. You know, I tip like crazy restaurants.

1116
00:52:28,280 --> 00:52:30,960
Speaker 12: I try to do my goal depending on where I

1117
00:52:31,040 --> 00:52:33,279
Speaker 12: go and how much money and much bread, I drops

1118
00:52:33,280 --> 00:52:36,720
Speaker 12: about thirty to forty percent for me, because when you tip,

1119
00:52:37,000 --> 00:52:39,719
Speaker 12: then every time you walk into that establishment, every time

1120
00:52:39,800 --> 00:52:42,080
Speaker 12: you walk into that restaurant, now they're going to take

1121
00:52:42,320 --> 00:52:44,480
Speaker 12: very good care of you because they know, hey, yo,

1122
00:52:44,560 --> 00:52:47,680
Speaker 12: Anthony just tipped me thirty percent last time, right around

1123
00:52:47,680 --> 00:52:49,560
Speaker 12: the holidays. I love to get about fifty percent, but

1124
00:52:49,600 --> 00:52:52,360
Speaker 12: bare minim, like you all said, twenty percent. That's your barber,

1125
00:52:52,840 --> 00:52:56,120
Speaker 12: that's your bus drivers, that's the guy who cuts your grass,

1126
00:52:56,320 --> 00:52:59,080
Speaker 12: that's the young lady that's watching your kids, your babysitters.

1127
00:52:59,400 --> 00:53:01,080
Speaker 12: You know, I have a dog, and so every time

1128
00:53:01,120 --> 00:53:03,319
Speaker 12: I drop her off when I'm out of town, I

1129
00:53:03,360 --> 00:53:05,799
Speaker 12: tip them. You know, I just want to show people that, hey,

1130
00:53:05,840 --> 00:53:08,799
Speaker 12: I am grateful for you taking care good care of me.

1131
00:53:09,160 --> 00:53:11,720
Speaker 12: And I know people who are living off of tips.

1132
00:53:11,880 --> 00:53:14,359
Speaker 12: Their base pay is horrible, so let's help them out.

1133
00:53:14,480 --> 00:53:17,160
Speaker 12: And let's that's be a good blessing. But really bare

1134
00:53:17,200 --> 00:53:21,000
Speaker 12: minimum twenty percent. And any time you can tip within

1135
00:53:21,120 --> 00:53:24,080
Speaker 12: your budget, make sure you're tipping. If you can't afford

1136
00:53:24,080 --> 00:53:26,319
Speaker 12: to tip, man or a woman, just don't go to

1137
00:53:26,360 --> 00:53:27,160
Speaker 12: that establishment.

1138
00:53:27,800 --> 00:53:30,279
Speaker 3: Oh man, that's some sound advice. Sound advice, man. So

1139
00:53:30,320 --> 00:53:33,400
Speaker 3: if you can't hold it the stake in tip people

1140
00:53:33,440 --> 00:53:35,399
Speaker 3: down on that dude. All right, we got a few

1141
00:53:35,400 --> 00:53:37,120
Speaker 3: more mens with you. We're going to do a lightning round.

1142
00:53:37,200 --> 00:53:39,480
Speaker 4: All right, you ready for this? How how fast? How

1143
00:53:39,520 --> 00:53:40,359
Speaker 4: fast you want me to go.

1144
00:53:41,360 --> 00:53:43,520
Speaker 3: With the answer as fast as you can? And then

1145
00:53:43,520 --> 00:53:45,200
Speaker 3: we're just going to ask your next one. We're gonna

1146
00:53:45,200 --> 00:53:47,960
Speaker 3: start the lightning around. Are you ready, my man? All right?

1147
00:53:48,480 --> 00:53:49,920
Speaker 3: All right, here we go. All right, here's the first

1148
00:53:50,000 --> 00:53:50,759
Speaker 3: question I'm throwing at you.

1149
00:53:50,760 --> 00:53:53,640
Speaker 2: All right, what are some options to start creating generational wealth?

1150
00:53:54,680 --> 00:53:54,879
Speaker 3: Man?

1151
00:53:54,920 --> 00:53:55,400
Speaker 4: Ownership?

1152
00:53:55,480 --> 00:53:56,960
Speaker 12: I mean, for me, it's going to be eliminating that.

1153
00:53:57,160 --> 00:53:59,200
Speaker 12: Get you a fully funded emergency funds. That way you're

1154
00:53:59,239 --> 00:54:01,680
Speaker 12: not going back into that and start taking advantage of

1155
00:54:01,719 --> 00:54:04,840
Speaker 12: like your fro one cage, your your wroth I rays,

1156
00:54:04,880 --> 00:54:09,040
Speaker 12: maxing out your some other growth mutual funds, and getting

1157
00:54:09,040 --> 00:54:11,560
Speaker 12: into some land. You know, one of my mentors said, hey,

1158
00:54:11,600 --> 00:54:15,200
Speaker 12: it's not just about actually buying property, it's also about

1159
00:54:15,200 --> 00:54:18,080
Speaker 12: buying land. So if you're looking for wealth and true

1160
00:54:18,080 --> 00:54:21,640
Speaker 12: wealth and long lasting wealth, purchase some land because you know, hey,

1161
00:54:21,680 --> 00:54:23,760
Speaker 12: we can't make no more land. We can build buildings.

1162
00:54:23,760 --> 00:54:25,680
Speaker 12: So if you get that land, let it sit, pass

1163
00:54:25,719 --> 00:54:28,160
Speaker 12: it down to your kids. Now you're talking about true

1164
00:54:28,200 --> 00:54:30,440
Speaker 12: generational wealth. So the key thing for me when it

1165
00:54:30,560 --> 00:54:33,879
Speaker 12: come to building wealth, it's about eliminating that, making sure

1166
00:54:33,880 --> 00:54:35,759
Speaker 12: you have a solid plan to fall on a case

1167
00:54:35,800 --> 00:54:37,600
Speaker 12: of emergency and start ownership.

1168
00:54:38,000 --> 00:54:41,560
Speaker 6: Let me ask you this, how much money is wealth?

1169
00:54:41,640 --> 00:54:44,960
Speaker 6: This is an interesting conversation because everybody gauges wealth differently,

1170
00:54:45,000 --> 00:54:47,640
Speaker 6: but you know, we all have aspirations of being wealthy,

1171
00:54:47,840 --> 00:54:50,080
Speaker 6: a lot of us so, but it's kind of hard

1172
00:54:50,120 --> 00:54:51,560
Speaker 6: to do that if you don't have a measure in stake.

1173
00:54:52,080 --> 00:54:52,680
Speaker 6: What is wealth?

1174
00:54:53,040 --> 00:54:55,560
Speaker 4: What is what is wealthy man. Wealth to me is

1175
00:54:55,840 --> 00:54:56,960
Speaker 4: way more than just money.

1176
00:54:57,000 --> 00:54:57,120
Speaker 2: Man.

1177
00:54:57,200 --> 00:54:58,839
Speaker 12: I'm gonna keep it above with you actual, I'm gonna

1178
00:54:58,880 --> 00:55:00,640
Speaker 12: keep it real since it is, it's a real deal.

1179
00:55:00,880 --> 00:55:02,800
Speaker 12: Wealth to me is about options. Wealth to me is

1180
00:55:02,800 --> 00:55:05,960
Speaker 12: about peace. Wealth to me is about education. Wealth to

1181
00:55:06,000 --> 00:55:09,400
Speaker 12: me is about influence. But since we are talking about

1182
00:55:09,520 --> 00:55:13,200
Speaker 12: money today, a simple basic understanding when it comes to wealth,

1183
00:55:13,480 --> 00:55:17,280
Speaker 12: how long can you last without physically working or physically

1184
00:55:17,360 --> 00:55:20,480
Speaker 12: having to make money. So, if you have enough money

1185
00:55:20,480 --> 00:55:22,800
Speaker 12: in your savings account to last a year, you're wealthy

1186
00:55:22,800 --> 00:55:26,640
Speaker 12: for one year from a financial perspective. But if you

1187
00:55:26,680 --> 00:55:29,200
Speaker 12: have the education, if you mind your business, which is

1188
00:55:29,239 --> 00:55:31,239
Speaker 12: our mind, you know, and your mind is your number

1189
00:55:31,280 --> 00:55:34,040
Speaker 12: one asset your business, if you continue to grow this,

1190
00:55:34,320 --> 00:55:36,960
Speaker 12: you'll be wealthy forever. If you continue to get the education,

1191
00:55:37,040 --> 00:55:39,400
Speaker 12: if you continue to rock out with Google pay, if

1192
00:55:39,440 --> 00:55:41,239
Speaker 12: you continue to watch earn your leisure and then come

1193
00:55:41,320 --> 00:55:43,640
Speaker 12: check me out at the table, you know, we will

1194
00:55:43,680 --> 00:55:46,560
Speaker 12: help you get the education and the information to build

1195
00:55:46,640 --> 00:55:49,160
Speaker 12: long lasting wealth. And I just want people to hear

1196
00:55:49,160 --> 00:55:52,279
Speaker 12: me when I say this, wealth from a financial perspective is, Hey,

1197
00:55:52,760 --> 00:55:56,440
Speaker 12: how long can you live without physically working and doing

1198
00:55:56,480 --> 00:55:59,959
Speaker 12: anything to make money. But when you really look at it, well,

1199
00:56:01,160 --> 00:56:03,880
Speaker 12: for generational wealth is what are you passing down to

1200
00:56:03,960 --> 00:56:06,799
Speaker 12: your kids, not just financially. You can give them a

1201
00:56:06,800 --> 00:56:09,200
Speaker 12: million dollars, but if you don't give them the education

1202
00:56:09,320 --> 00:56:12,240
Speaker 12: and the information and the opportunity to take that million

1203
00:56:12,280 --> 00:56:15,280
Speaker 12: and flip it to two three million, you're not passing

1204
00:56:15,320 --> 00:56:18,040
Speaker 12: them down wealth. You're just giving them opportunities that more

1205
00:56:18,080 --> 00:56:20,319
Speaker 12: than likely they will lose it. When there was a

1206
00:56:20,320 --> 00:56:22,560
Speaker 12: study that came out said the first generation makes it,

1207
00:56:22,920 --> 00:56:26,399
Speaker 12: the second generation maintains it, then the third generation they

1208
00:56:26,440 --> 00:56:28,680
Speaker 12: lose it. And why do they lose It's because they

1209
00:56:28,680 --> 00:56:30,840
Speaker 12: didn't have the education. They didn't have the wealth of

1210
00:56:30,960 --> 00:56:34,200
Speaker 12: knowledge to maintain it. So wealth is not just about money,

1211
00:56:34,360 --> 00:56:36,160
Speaker 12: It's all just about the education and the information.

1212
00:56:37,080 --> 00:56:38,080
Speaker 3: I used that quote a lot.

1213
00:56:38,120 --> 00:56:40,880
Speaker 2: The first generation works hard, the second generation gets to

1214
00:56:40,880 --> 00:56:44,319
Speaker 2: see the hard work. They add education plus experience to it.

1215
00:56:44,320 --> 00:56:46,799
Speaker 2: The third generation never just see the hard work, so

1216
00:56:46,840 --> 00:56:48,680
Speaker 2: they end up spandering money. And I'm glad you brought

1217
00:56:48,719 --> 00:56:50,640
Speaker 2: up the word education because my next question is coming

1218
00:56:50,960 --> 00:56:52,240
Speaker 2: directly from that topic.

1219
00:56:52,840 --> 00:56:56,359
Speaker 3: Why isn't financial literacy taught in schools? What's your thoughts? Man?

1220
00:56:56,400 --> 00:57:01,840
Speaker 12: You know, I'm frustrated about that because it's funny. Education

1221
00:57:01,960 --> 00:57:04,640
Speaker 12: is teachers how to read, write, process information, and add

1222
00:57:05,040 --> 00:57:07,239
Speaker 12: they're giving us this information so we can go off

1223
00:57:07,239 --> 00:57:09,040
Speaker 12: to school, get an education, rack.

1224
00:57:09,000 --> 00:57:10,919
Speaker 4: Up in debt so we can get a job.

1225
00:57:11,120 --> 00:57:14,400
Speaker 12: So education from a school perspective is to get a job,

1226
00:57:14,560 --> 00:57:18,160
Speaker 12: and a job and or business produces what income. So

1227
00:57:18,400 --> 00:57:21,840
Speaker 12: it bothers me that our schools are not teaching us

1228
00:57:21,960 --> 00:57:24,680
Speaker 12: how to be good stewards of the income that you're

1229
00:57:24,680 --> 00:57:27,440
Speaker 12: giving us the education to get. But we got to

1230
00:57:27,480 --> 00:57:29,760
Speaker 12: start changing that around. We got to start doing more

1231
00:57:29,800 --> 00:57:32,680
Speaker 12: stuff like this with like what Google pay is doing today,

1232
00:57:32,840 --> 00:57:34,560
Speaker 12: and start bringing education to the table.

1233
00:57:35,320 --> 00:57:37,000
Speaker 6: Let me gonna ask you this as far as for

1234
00:57:37,120 --> 00:57:41,440
Speaker 6: parents allow I never had an allowance growing up. So

1235
00:57:41,520 --> 00:57:43,040
Speaker 6: how do you feel about allowance? How do you feel

1236
00:57:43,040 --> 00:57:46,960
Speaker 6: about chores? Should should children get paid for things that

1237
00:57:47,000 --> 00:57:49,520
Speaker 6: they should already be doing, like making up their bed?

1238
00:57:51,560 --> 00:57:55,320
Speaker 6: Is allowance a hindrance? Is chores good?

1239
00:57:55,360 --> 00:57:55,560
Speaker 3: Bad?

1240
00:57:55,600 --> 00:57:56,760
Speaker 6: What's your thoughts on that?

1241
00:57:57,760 --> 00:57:59,600
Speaker 12: You know, bro Man, I grew up in a very strong,

1242
00:57:59,720 --> 00:58:02,640
Speaker 12: strong home man in a very spiritual home right, and

1243
00:58:02,680 --> 00:58:05,080
Speaker 12: my mom and dad said, I remember going over to

1244
00:58:05,120 --> 00:58:08,000
Speaker 12: my best friend's house and his Dad paid them twenty

1245
00:58:08,040 --> 00:58:10,800
Speaker 12: dollars for keeping his room cleaned all week. So I

1246
00:58:10,880 --> 00:58:13,400
Speaker 12: came home and I said, Mom and Dad, where's my

1247
00:58:13,440 --> 00:58:15,720
Speaker 12: twenty dollars? My mom and dad said for what it

1248
00:58:15,800 --> 00:58:17,840
Speaker 12: was like because I made up my bed all week,

1249
00:58:18,160 --> 00:58:20,160
Speaker 12: and said, I'm not going to pay you for what

1250
00:58:20,200 --> 00:58:22,280
Speaker 12: you need to be doing and what you should be doing.

1251
00:58:23,200 --> 00:58:25,360
Speaker 12: But what I will do, go out there and cut

1252
00:58:25,360 --> 00:58:26,800
Speaker 12: the grass. I'll pay you.

1253
00:58:27,120 --> 00:58:28,040
Speaker 4: As a matter of fact.

1254
00:58:28,080 --> 00:58:30,560
Speaker 12: Go out there, get the lawnmower, go across the street

1255
00:58:31,000 --> 00:58:34,000
Speaker 12: and ask your neighbor can you cut their grass? And

1256
00:58:34,040 --> 00:58:36,400
Speaker 12: you'll get paid. I think we got to start teaching

1257
00:58:36,400 --> 00:58:40,400
Speaker 12: our young people, you know, commission base rather than chore base.

1258
00:58:40,800 --> 00:58:43,920
Speaker 12: You know, what they do inside the house, that's just

1259
00:58:44,080 --> 00:58:46,040
Speaker 12: part of them because the world's not going to pay

1260
00:58:46,040 --> 00:58:47,800
Speaker 12: them for making up their bed when they turn twenty

1261
00:58:47,800 --> 00:58:49,720
Speaker 12: five years old. The world's not going to pay them

1262
00:58:49,720 --> 00:58:51,919
Speaker 12: for washing their own dishes. So we got to start

1263
00:58:52,000 --> 00:58:54,280
Speaker 12: raising up our child, our children in the way that

1264
00:58:54,280 --> 00:58:57,240
Speaker 12: they should go. So I'm commission based. Hey son, hey daughter,

1265
00:58:57,400 --> 00:58:59,200
Speaker 12: I'm not going to pay to do this around here,

1266
00:58:59,240 --> 00:59:01,040
Speaker 12: because I'm teaching you how to be an adult when

1267
00:59:01,040 --> 00:59:03,120
Speaker 12: you get older, when you get your own home. But

1268
00:59:03,240 --> 00:59:05,320
Speaker 12: let me teach you how to be a young teen entrepreneur.

1269
00:59:05,520 --> 00:59:08,440
Speaker 12: Let's go get you a dog walking business. Let's go

1270
00:59:08,480 --> 00:59:11,040
Speaker 12: get you a cutting grass business. Hey, you know what

1271
00:59:11,080 --> 00:59:13,560
Speaker 12: you're real good at hair, Let's go get you a

1272
00:59:13,640 --> 00:59:17,040
Speaker 12: hair business at fifteen years old. Let's start teaching our

1273
00:59:17,080 --> 00:59:19,040
Speaker 12: young people that money doesn't grow on trees, and it

1274
00:59:19,040 --> 00:59:22,040
Speaker 12: doesn't You don't get money just because you're my child. Now,

1275
00:59:22,080 --> 00:59:24,720
Speaker 12: you do have privileges, and I will give you some

1276
00:59:24,760 --> 00:59:26,760
Speaker 12: of those privileges, but I'm not going to make your

1277
00:59:26,760 --> 00:59:28,960
Speaker 12: life easy simply because you're my child. You're going to

1278
00:59:29,040 --> 00:59:30,480
Speaker 12: work for it because your mom and dad had to

1279
00:59:30,520 --> 00:59:30,880
Speaker 12: work for it.

1280
00:59:31,480 --> 00:59:33,560
Speaker 6: That's very profound. I had just spoke about this all

1281
00:59:33,600 --> 00:59:35,560
Speaker 6: the day, and I feel like that definitely can hurt

1282
00:59:35,600 --> 00:59:38,560
Speaker 6: a child. And when I used to love when it

1283
00:59:38,640 --> 00:59:42,560
Speaker 6: snowed because I used to shuffle my neighbors cars out.

1284
00:59:42,920 --> 00:59:44,760
Speaker 6: And you make a couple hundred dollars on a good

1285
00:59:44,800 --> 00:59:47,720
Speaker 6: on a good day, and I feel like stuff like

1286
00:59:47,760 --> 00:59:51,680
Speaker 6: that you start developing an entrepreneurial mindset as opposed to

1287
00:59:51,800 --> 00:59:55,560
Speaker 6: just being handed things that, like you said, in the

1288
00:59:55,600 --> 00:59:58,120
Speaker 6: grand Scheme of things, are kind of like trivial things

1289
00:59:58,160 --> 01:00:00,640
Speaker 6: that you already have to do in life anyway, like

1290
01:00:01,120 --> 01:00:04,080
Speaker 6: wash the dishes, things of that nature. Yeah, so now

1291
01:00:04,120 --> 01:00:08,760
Speaker 6: you're already kind of developing a dependent employee mindset as

1292
01:00:08,760 --> 01:00:12,120
Speaker 6: opposed to a business own an entrepreneur mindset. So sometimes

1293
01:00:12,120 --> 01:00:16,440
Speaker 6: when we think we're actually helping people, we can actually

1294
01:00:16,480 --> 01:00:17,040
Speaker 6: be hurting them.

1295
01:00:17,760 --> 01:00:18,840
Speaker 4: Absolutely absolutely.

1296
01:00:18,840 --> 01:00:21,520
Speaker 12: You know one of my kids that I mentored, he

1297
01:00:21,640 --> 01:00:25,200
Speaker 12: made five thousand dollars last summer just from walking dogs.

1298
01:00:25,840 --> 01:00:26,760
Speaker 4: Just from walking dogs.

1299
01:00:27,240 --> 01:00:29,959
Speaker 12: He made enough money in one summer to go buy

1300
01:00:30,080 --> 01:00:33,720
Speaker 12: his dream car for his age, just simply because he said, Hey, you.

1301
01:00:33,640 --> 01:00:35,480
Speaker 4: Know what, I'm gonna go out here and walk dogs.

1302
01:00:35,480 --> 01:00:37,840
Speaker 12: And some of those people who are saying you can welcome,

1303
01:00:38,080 --> 01:00:40,480
Speaker 12: they said, hey, can you watch my dog over the

1304
01:00:40,520 --> 01:00:42,880
Speaker 12: weekend since we're going out of town. His mom and

1305
01:00:42,920 --> 01:00:45,040
Speaker 12: dad turned their backyard into a kennel. But we got

1306
01:00:45,040 --> 01:00:47,160
Speaker 12: to start teaching our young people at a young age

1307
01:00:47,200 --> 01:00:50,800
Speaker 12: how to be entrepreneurs, how to think about ownership, so

1308
01:00:50,880 --> 01:00:52,320
Speaker 12: this way they can start producing money.

1309
01:00:52,360 --> 01:00:53,800
Speaker 4: And I think we got to start doing that with

1310
01:00:53,800 --> 01:00:54,400
Speaker 4: our young people.

1311
01:00:54,840 --> 01:00:55,720
Speaker 3: That's a great example.

1312
01:00:55,800 --> 01:00:58,600
Speaker 2: I'm glad that you that you used that right because

1313
01:00:58,600 --> 01:01:01,080
Speaker 2: you said he saved the money to buy the card

1314
01:01:01,160 --> 01:01:03,400
Speaker 2: that you want it. So what are some strategies What

1315
01:01:03,440 --> 01:01:06,400
Speaker 2: can you do to save money when you don't make

1316
01:01:06,480 --> 01:01:07,120
Speaker 2: much money?

1317
01:01:08,240 --> 01:01:11,160
Speaker 4: Number one, go make more money. You know what I mean.

1318
01:01:11,520 --> 01:01:12,080
Speaker 4: Let's be real.

1319
01:01:12,120 --> 01:01:14,240
Speaker 12: You know, it's like, let's never say that we cannot

1320
01:01:14,280 --> 01:01:15,160
Speaker 12: make any more money.

1321
01:01:15,200 --> 01:01:16,280
Speaker 4: We can make money.

1322
01:01:16,520 --> 01:01:19,280
Speaker 12: But one of the key things that I'm very very

1323
01:01:19,280 --> 01:01:23,080
Speaker 12: big on is two things, budgeting and Google pay. I

1324
01:01:23,080 --> 01:01:25,600
Speaker 12: want you to get on a straight, solid, zero based budget.

1325
01:01:25,600 --> 01:01:28,200
Speaker 12: You can list all your money, list all of your expenses,

1326
01:01:28,240 --> 01:01:30,560
Speaker 12: and it's your equals zero. When you're at your expenses,

1327
01:01:30,760 --> 01:01:32,880
Speaker 12: go over to Google pay. Look at all of your

1328
01:01:32,880 --> 01:01:34,840
Speaker 12: money that you've actually been spending. When it comes to

1329
01:01:34,880 --> 01:01:38,080
Speaker 12: your debit card if you got a credit card, you know,

1330
01:01:38,120 --> 01:01:39,680
Speaker 12: look at all the ways you're spending money. And so

1331
01:01:39,680 --> 01:01:41,640
Speaker 12: that way you can see, okay, hey, where can I

1332
01:01:41,680 --> 01:01:43,640
Speaker 12: cut off at? You know, I'm spending too much money

1333
01:01:43,720 --> 01:01:45,800
Speaker 12: on food, I'm spending too much money on you know,

1334
01:01:45,840 --> 01:01:48,760
Speaker 12: these particular apps. So how you can save money is

1335
01:01:48,800 --> 01:01:51,520
Speaker 12: by looking at your detailed budget and see where where

1336
01:01:51,520 --> 01:01:54,200
Speaker 12: can you eliminate some things from I do that often,

1337
01:01:54,240 --> 01:01:56,080
Speaker 12: and I do it at least once a quarter person

1338
01:01:56,160 --> 01:01:58,040
Speaker 12: with myself, really look at your budget.

1339
01:01:58,120 --> 01:01:58,800
Speaker 4: You can go from there.

1340
01:01:59,000 --> 01:02:01,439
Speaker 6: Let me ask you this before we rat. Everybody talks

1341
01:02:01,440 --> 01:02:05,360
Speaker 6: about generational wealth all the time. It's a very catchy phrase.

1342
01:02:05,440 --> 01:02:08,720
Speaker 6: But what are some practical steps that the average person

1343
01:02:08,760 --> 01:02:13,040
Speaker 6: can take to start the path of creating generational wealth?

1344
01:02:14,120 --> 01:02:15,600
Speaker 4: Man? I think the first thing is education.

1345
01:02:15,720 --> 01:02:16,120
Speaker 3: Man.

1346
01:02:16,320 --> 01:02:18,520
Speaker 12: You know, I think oftentimes you want to jump in like, hey,

1347
01:02:18,520 --> 01:02:20,560
Speaker 12: how do I get more money? How do I flip

1348
01:02:20,600 --> 01:02:23,040
Speaker 12: this money? But the key thing is where there is

1349
01:02:23,080 --> 01:02:26,040
Speaker 12: no wisdom, where there is no knowledge, that's where people perish.

1350
01:02:26,120 --> 01:02:28,240
Speaker 12: And so I think that if we can honestly get

1351
01:02:28,240 --> 01:02:30,600
Speaker 12: the if you really want to build true generational wealth,

1352
01:02:30,800 --> 01:02:33,120
Speaker 12: you got to start, you know, listening to podcasts. You

1353
01:02:33,120 --> 01:02:35,600
Speaker 12: got to start getting the education, reading the books. So

1354
01:02:35,640 --> 01:02:37,960
Speaker 12: that way, when you do get the opportunity to start,

1355
01:02:38,120 --> 01:02:41,360
Speaker 12: you know, investing into certain things, start a business, you

1356
01:02:41,440 --> 01:02:44,600
Speaker 12: have the education and knowledge to keep what you actually are.

1357
01:02:44,480 --> 01:02:45,160
Speaker 4: Able to get.

1358
01:02:45,400 --> 01:02:47,880
Speaker 12: So I think number one is get the education. Number

1359
01:02:47,920 --> 01:02:49,920
Speaker 12: two is I'm very big on it, y'all know me.

1360
01:02:50,000 --> 01:02:51,800
Speaker 12: You got to eliminate that. You got to take debt

1361
01:02:51,880 --> 01:02:54,560
Speaker 12: off of the table, so that way you're moving forward

1362
01:02:54,640 --> 01:02:57,320
Speaker 12: not paying for your past. And when you start doing that,

1363
01:02:57,600 --> 01:03:00,680
Speaker 12: A prime thing man is start investing, take advantage of

1364
01:03:01,040 --> 01:03:03,280
Speaker 12: you know, your four to one k matches if they have,

1365
01:03:03,840 --> 01:03:05,800
Speaker 12: you know, a wroth. There's three things when it comes

1366
01:03:05,800 --> 01:03:07,280
Speaker 12: like to four one k. I always say, look at

1367
01:03:07,280 --> 01:03:09,960
Speaker 12: the match, first, look at the wrath, then look at

1368
01:03:09,960 --> 01:03:13,080
Speaker 12: the traditional you know, so max that out. I always

1369
01:03:13,080 --> 01:03:15,640
Speaker 12: say to invest fifteen percent of your income you know,

1370
01:03:15,720 --> 01:03:17,440
Speaker 12: so that can either go to your four one k,

1371
01:03:17,560 --> 01:03:20,280
Speaker 12: then go over to like a wrath of wroth ira

1372
01:03:20,480 --> 01:03:23,280
Speaker 12: or traditional ira, depending on where you are. You can

1373
01:03:23,320 --> 01:03:27,200
Speaker 12: do that and then start looking at ownership, businesses, land

1374
01:03:27,880 --> 01:03:29,880
Speaker 12: that kind of stuff. But the key thing I want

1375
01:03:29,880 --> 01:03:33,000
Speaker 12: to tell you upfront is get the education. Get the information.

1376
01:03:33,560 --> 01:03:35,560
Speaker 12: Because you can be watching er your leader, you can

1377
01:03:35,600 --> 01:03:38,160
Speaker 12: watch myself, you can watch professor Keys, you can have

1378
01:03:38,240 --> 01:03:40,120
Speaker 12: Google pay app and see where you're doing. But if

1379
01:03:40,160 --> 01:03:42,640
Speaker 12: you don't have the information and the knowledge and continuing

1380
01:03:42,720 --> 01:03:45,280
Speaker 12: to grow your business, which is your mind, your number

1381
01:03:45,320 --> 01:03:47,760
Speaker 12: one asset, you'll never get there because you don't have

1382
01:03:47,760 --> 01:03:48,760
Speaker 12: the information to get there.

1383
01:03:49,480 --> 01:03:53,200
Speaker 6: All for words, allords, did you have, ladies and gentlemen,

1384
01:03:54,160 --> 01:03:58,040
Speaker 6: I appreciate it. Words of wisdom from the Great Anthony O'Neil.

1385
01:03:58,120 --> 01:04:04,720
Speaker 6: We call that cough talk, thank you, thank you, And

1386
01:04:05,000 --> 01:04:07,600
Speaker 6: like you said, it comes down to education. And I

1387
01:04:07,640 --> 01:04:10,160
Speaker 6: think that you know, we're in the age now where

1388
01:04:10,160 --> 01:04:13,960
Speaker 6: you can't really make an excuse, not like you know previously,

1389
01:04:14,520 --> 01:04:17,040
Speaker 6: you know you could make an excuse for not knowing,

1390
01:04:17,120 --> 01:04:19,200
Speaker 6: but now you know, we're in the information age where

1391
01:04:19,200 --> 01:04:23,600
Speaker 6: everything is readily available to you on you know, YouTube, Google,

1392
01:04:24,440 --> 01:04:27,880
Speaker 6: social media apps, podcast apps. It's just a matter of

1393
01:04:27,920 --> 01:04:30,960
Speaker 6: how you use it. You can use to waste time

1394
01:04:31,080 --> 01:04:33,560
Speaker 6: and do a lot of frivolous nonsense, or you can

1395
01:04:33,640 --> 01:04:35,800
Speaker 6: use it to educate yourself. So you know, we just

1396
01:04:35,840 --> 01:04:38,520
Speaker 6: have to make the right decisions. And you'd be surprised

1397
01:04:38,880 --> 01:04:41,720
Speaker 6: how many doors education can actually open. It kind of

1398
01:04:41,760 --> 01:04:44,480
Speaker 6: sounds stable, it's true. The more you know, it's just

1399
01:04:44,560 --> 01:04:50,000
Speaker 6: like it's like mind blowing, you know what opportunities present itself,

1400
01:04:50,000 --> 01:04:51,680
Speaker 6: because it's opportunities in front of you right now, but

1401
01:04:51,680 --> 01:04:53,280
Speaker 6: you're just not able to take advantage of it because

1402
01:04:53,280 --> 01:04:55,280
Speaker 6: you're not educated, so you don't even realize the opportunities

1403
01:04:55,320 --> 01:04:55,840
Speaker 6: actually there.

1404
01:04:56,040 --> 01:04:57,840
Speaker 3: The more you know, the more you know, that is

1405
01:04:57,840 --> 01:04:58,240
Speaker 3: a fact.

1406
01:04:58,400 --> 01:04:59,120
Speaker 6: That is a fat fact.

1407
01:04:59,400 --> 01:05:03,040
Speaker 2: Yeah yeah, And there was a lot of actual items

1408
01:05:03,080 --> 01:05:03,760
Speaker 2: giving out today.

1409
01:05:03,800 --> 01:05:07,480
Speaker 3: I want to again thank Professor Keys Keysier Williams and

1410
01:05:07,640 --> 01:05:10,880
Speaker 3: Anthony on Neil, but just delivering some powerful insight.

1411
01:05:11,040 --> 01:05:13,280
Speaker 2: And as we always say, man, we can give you

1412
01:05:13,320 --> 01:05:16,479
Speaker 2: the information, but don't turn it into information overtle, don't

1413
01:05:16,480 --> 01:05:17,760
Speaker 2: hoard it, actually.

1414
01:05:17,520 --> 01:05:19,400
Speaker 3: Apply it and execute on information. Right.

1415
01:05:19,400 --> 01:05:21,760
Speaker 2: We always say information is on us, executions on you,

1416
01:05:22,200 --> 01:05:25,080
Speaker 2: and those words live true today and I want to

1417
01:05:25,080 --> 01:05:26,000
Speaker 2: thank them again for come along.

1418
01:05:26,000 --> 01:05:26,480
Speaker 3: I appreciate you.

1419
01:05:26,640 --> 01:05:28,400
Speaker 6: Yeah, I feel like today was a very important day

1420
01:05:28,440 --> 01:05:30,960
Speaker 6: because we always talk about a lot of complex stuff

1421
01:05:31,000 --> 01:05:33,400
Speaker 6: like you know, stock marketing options and things that nature.

1422
01:05:33,440 --> 01:05:39,280
Speaker 6: But these are like regular everyday issues, topics that get

1423
01:05:39,320 --> 01:05:43,320
Speaker 6: looked over a lot, but they're extremely important. And you

1424
01:05:43,360 --> 01:05:46,080
Speaker 6: can't build the house but not a solid foundation. So

1425
01:05:46,160 --> 01:05:49,040
Speaker 6: all of this stuff is solid foundation work. So it's

1426
01:05:49,080 --> 01:05:50,960
Speaker 6: extremely extremely important that we cover it.

1427
01:05:51,000 --> 01:05:53,240
Speaker 2: So yeah, and again I'm glad we got to do

1428
01:05:53,240 --> 01:05:55,240
Speaker 2: it with Google pay because that is one of those

1429
01:05:55,240 --> 01:05:57,600
Speaker 2: tools that can absolutely help you. And I know that's

1430
01:05:57,600 --> 01:05:59,800
Speaker 2: one of the things that we work on ourselves, is

1431
01:05:59,840 --> 01:06:02,200
Speaker 2: like being more organized, and so having all your financial

1432
01:06:02,760 --> 01:06:05,280
Speaker 2: uh portfolio right in front of you and having it

1433
01:06:05,320 --> 01:06:08,520
Speaker 2: done in a very helpful and simple way is extremely beneficial.

1434
01:06:08,880 --> 01:06:11,560
Speaker 3: Yeah, I want to thanks Google Pay for sponsoring this

1435
01:06:11,640 --> 01:06:13,919
Speaker 3: episode of Anglesha. This is really fun, man. We gotta

1436
01:06:13,920 --> 01:06:14,640
Speaker 3: do this again.

1437
01:06:15,160 --> 01:06:18,360
Speaker 6: For sure, for sure. Thank you guys for rocking with us.

1438
01:06:18,360 --> 01:06:19,200
Speaker 6: We'll see you next week.

1439
01:06:19,280 --> 01:06:26,160
Speaker 5: Piece my graduates from my school being forced back drop

1440
01:06:27,240 --> 01:06:30,600
Speaker 5: drop drop.

1441
01:06:41,440 --> 01:06:45,320
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