WEBVTT - Scholars Corner: Your Relationship Is The Biggest Financial Decision You Will Ever Make

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

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

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

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<v Speaker 1>filming and selling child pornography in Michigan. These are just

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

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<v Speaker 1>Donald J.

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<v Speaker 2>Trump's leadership.

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<v Speaker 1>I'm Christy nom the United States Secretary of Homeland Security.

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<v Speaker 1>Under President Trump, attempted illegal border crossings are at the

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<v Speaker 1>lowest levels ever recorded, and over one hundred thousand illegal

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<v Speaker 1>aliens have been arrested. If you are here illegally, your

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<v Speaker 1>next you will be fined nearly one thousand dollars a day, imprisoned,

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<v Speaker 1>and deported.

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<v Speaker 2>You will never return.

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<v Speaker 1>But if you register using our CBP home app and

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

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<v Speaker 2>Do what's right. Leave now.

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<v Speaker 1>Under President Trump, America's laws, border and families will be protected.

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<v Speaker 3>Sponsored by the United States Department of Homeland Security.

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<v Speaker 4>The whole Regional Bank sector.

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<v Speaker 5>Bus drivers shout that K Williams, these are just jokes

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<v Speaker 5>written by eighty five South Carlos being Carlos, then DC

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<v Speaker 5>young fly listen.

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<v Speaker 4>The sector of regional banks are broke. I'm not.

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<v Speaker 5>I'm not if Ebony K. Williams was an investor, she's

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<v Speaker 5>not talking to you. Uh, won't fix this at all?

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<v Speaker 4>Like would you would you doate the regional bank manager?

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<v Speaker 5>Bank manager maybe, but the regional banking sector don't touch Yes?

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<v Speaker 4>Do you find anything wrong with what Abney said? Come

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<v Speaker 4>on the show, can talk about it.

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<v Speaker 5>Let's let's talk any man that's upset. It's like, bro,

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<v Speaker 5>you can have any job if you delivered a couple

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<v Speaker 5>of areas and get what you need. You know what

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<v Speaker 5>I'm saying. This is not investing advice. Stop worrying about

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<v Speaker 5>the titles. Just the exceptional and who you are man.

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<v Speaker 6>But let's talk about that if we can quickly. So

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<v Speaker 6>this is an interesting conversation. There was a song, Remember

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<v Speaker 6>that song? It was like eight figure that's what that's

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<v Speaker 6>what I like? Yeah, sweetie, yeah yeah, So I had

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<v Speaker 6>said something the nineteen Keys about that and shout out

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<v Speaker 6>to her, sweetie. But here's here's the problem, right, it's

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<v Speaker 6>social media has created a vocal minority and has disenfranchised

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<v Speaker 6>the vast majority of people, especially black people, and it's

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<v Speaker 6>creating mental illnesses.

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<v Speaker 4>Actually, so What's what's happening?

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<v Speaker 6>Is this right, Whether you're saying, let's take this, I

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<v Speaker 6>want somebody that makes eight figures, the average black person

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<v Speaker 6>makes thirty five thousand dollars a year, So one percent

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<v Speaker 6>of a tenth of one percent of America, a tenth

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<v Speaker 6>a tenth of one percent of America is in the

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<v Speaker 6>eight figure range. One percent of that are black. So

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<v Speaker 6>like statistically right, like when you do like science problems

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<v Speaker 6>and different things of that nature, if it's so low

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<v Speaker 6>that this doesn't count, then they just really discard it

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<v Speaker 6>like it's impossible even happening. So you talking about something

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<v Speaker 6>that on a statistical scientific chart is not even going

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<v Speaker 6>to show up because the odds of it happening are

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<v Speaker 6>so it's just not even worth even saying how low

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<v Speaker 6>of a chance that is? Right, that's on a larger scale. Now,

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<v Speaker 6>on this bus driver situation as opposed to a bus owner,

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<v Speaker 6>we know that the vast majority of people are not entrepreneurs,

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<v Speaker 6>especially black people. Somebody that drives a bus actually is

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<v Speaker 6>probably making more than thirty five thousand dollars. So what's

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<v Speaker 6>end up happening is that people like this are making

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<v Speaker 6>statements that are biased to how they live because they're

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<v Speaker 6>privileged and we're privileged even like as far as geographically

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<v Speaker 6>where we live, right, you live in New York, you

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<v Speaker 6>live in Atlanta, you live in Miami, you live in

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<v Speaker 6>la You develop certain normancies that are not normal to

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<v Speaker 6>the vast majority of people in Middle America, in the South,

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<v Speaker 6>in the Northwest. So you start to think that everybody

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<v Speaker 6>is living the same way as you. You start to

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<v Speaker 6>think that everybody has the same income as your circle.

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<v Speaker 6>But then you realize that you, yourself are in the

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<v Speaker 6>top one percent. So you're speaking from a vantage point

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<v Speaker 6>where it's not necessarily wrong what you're saying, but it's

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<v Speaker 6>irresponse to say it to a vast majority of people

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<v Speaker 6>that are not in your same economic situation. What happens

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<v Speaker 6>is that now you're starting to pollute the minds of

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<v Speaker 6>the mass the masses without giving them solutions to increase

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<v Speaker 6>their revenue, without giving them solutions to become a business owner.

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<v Speaker 6>So we give you solutions to become a business owner

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<v Speaker 6>to increase your revenue. Different things of that nature.

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<v Speaker 4>Right.

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<v Speaker 6>That's different from saying, well, your value is different. If

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<v Speaker 6>you don't make one hundred thousand dollars, Well, how do

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<v Speaker 6>I make one hundred thousand dollars, that's the next question, right.

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<v Speaker 6>So I just feel like it's a dangerous rhetoric that

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<v Speaker 6>has been put out there for women, but especially black women,

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<v Speaker 6>because it's creating unrealistic expectations that you're not going to

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<v Speaker 6>be able to find.

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<v Speaker 4>Right.

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<v Speaker 6>I'm just gonna be honest with you, You're not going to

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<v Speaker 6>be able to find these debates once to.

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<v Speaker 4>It only happen in our can.

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<v Speaker 5>Like the whole five hundred dollar a day, this kind

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<v Speaker 5>of man, I need this kind of woman. I don't

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<v Speaker 5>see that in other cultures. At scale, I don't see

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<v Speaker 5>nine thousand red pill pages and they're like, you.

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<v Speaker 4>Know, communities. I don't see it.

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<v Speaker 5>Like I was behind a whole bunch of people Yesterda

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<v Speaker 5>at the race, I didn't hear anybody arguing.

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<v Speaker 4>Over that kind of no stuff.

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<v Speaker 6>And so even like when I said the five hundred

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<v Speaker 6>dollars day thing, I never said that if you don't

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<v Speaker 6>spend five hundred dollars on a date, you're not worthy

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<v Speaker 6>on going on a date.

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<v Speaker 4>I just said that's what I'm currently doing.

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<v Speaker 7>This episode is brought to you by P and C Bank.

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

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

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

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<v Speaker 1>filming and selling child pornography in Michigan. These are just

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

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<v Speaker 1>Donald J.

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<v Speaker 2>Trump's leadership.

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<v Speaker 1>I'm Christy nom the United States Secretary of Homeland Security.

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<v Speaker 1>Under President Trump, attempted illegal border crossings are at the

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<v Speaker 1>lowest levels ever recorded, and over one hundred thousand illegal

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<v Speaker 1>aliens have been arrested. If you were here illegally, your

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<v Speaker 1>next you will be fine nearly one thousand dollars a day.

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<v Speaker 2>Imprisoned and deported, you will never return.

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<v Speaker 1>But if you register using our CBP home app and

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

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<v Speaker 2>Do what's right. Leave now.

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<v Speaker 1>Under President Trump America's laws, border and families will.

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<v Speaker 3>Be protected sponsored by the United States Department of Homeland Security.

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<v Speaker 6>For correct, I didn't say like, that's an expectation for

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<v Speaker 6>you to do, so I think wording is extremely important

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<v Speaker 6>for her to say. She could have been like, you

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<v Speaker 6>know me personally.

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<v Speaker 4>Now.

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<v Speaker 6>I think she did say that, yeah, but it was

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<v Speaker 6>also implied on a wider scale, and I think that

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<v Speaker 6>that's something that is a little dangerous. And even if

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<v Speaker 6>you say me personally, I think it's still important for

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<v Speaker 6>you to emphasize I wouldn't do this, but that's okay

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<v Speaker 6>if you do it. You know what I'm saying, because

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<v Speaker 6>sometimes you can say like, well, I'm not doing this,

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<v Speaker 6>and even if you don't say that, it's implied that, well,

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<v Speaker 6>they have no value, right, So I think that you know,

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<v Speaker 6>there's a point to be made as far as entrepreneurship

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<v Speaker 6>is something that we need more entrepreneurs we need more ownership,

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<v Speaker 6>We do need to make more money. So I'm not

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<v Speaker 6>she's not wrong in saying that, But it's also important

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<v Speaker 6>for us to understand what our current state is and

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<v Speaker 6>what our current expectations are based off of the pool

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<v Speaker 6>that's available.

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<v Speaker 5>And if you want to go to the best place

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<v Speaker 5>to find a great pool of like minded men and

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<v Speaker 5>women that you may want to build relationship with, get

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<v Speaker 5>your tickets to invest fests. Robert Smith will be there

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<v Speaker 5>and do pree and then lap nineteen keys or your leisures.

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<v Speaker 4>That's a non students. Hey, some non figures, you know.

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<v Speaker 5>So, Billy, if you want to find someone to build with,

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<v Speaker 5>you have to find them in like minded places.

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<v Speaker 8>And I think a part of the conversation kind of

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<v Speaker 8>both said it. When the question was posed back to Ayana,

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<v Speaker 8>she gave her the reasons why she would do it,

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<v Speaker 8>and then she kind of looked at it from that

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<v Speaker 8>perspective and said, oh, okay.

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<v Speaker 4>I see that. But it's important.

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<v Speaker 8>The conversation is important, right because and I think we

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<v Speaker 8>had this conversation. Is anything wrong, that's opinion. She's entitled

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<v Speaker 8>to that. It was the delivery. The delivery of it was,

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<v Speaker 8>but to see another perspective of it, it helps you grow.

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<v Speaker 8>Now it's like, all right, well I didn't see it

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<v Speaker 8>like that, but now I get it right. There's people listening,

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<v Speaker 8>I know how, and we got into it when she

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<v Speaker 8>went up there. But it was like, this is a

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<v Speaker 8>perspective she's talking. This is what she's living. This is

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<v Speaker 8>currently how she's living. This is currently how she's see

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<v Speaker 8>in the world. With more experience, with more voices, were

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<v Speaker 8>more perspectives that can change that. That's happened to me.

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<v Speaker 8>Playing of time.

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<v Speaker 4>I'll say the rest of my commentary, but shout out,

0:11:49.320 --> 0:11:49.760
<v Speaker 4>shout out.

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<v Speaker 6>You have more leeway. I'll tell you this much. You

0:11:54.240 --> 0:11:58.079
<v Speaker 6>have more leeway when you have a bang. I'll leave

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<v Speaker 6>it at that. People are willing, and.

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<v Speaker 4>I'll say to listen. If you do what you're supposed to.

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<v Speaker 8>Do, even if you don't have no job, Yeah yeah,

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<v Speaker 8>put yes and chat.

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<v Speaker 5>If you know what I'm talking about, boy boy, protect

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<v Speaker 5>your pound, protect and provide. That's all you need is

0:12:23.880 --> 0:12:29.120
<v Speaker 5>pound zero mark your money is live in London. If

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<v Speaker 5>you know how to your pound and you can protect

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<v Speaker 5>and provide, you'll be fine.

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<v Speaker 4>Paint me in pounds.

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<v Speaker 6>But if you know resources will allow you to have

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<v Speaker 6>more leeway in this world. Yes, and we'll be talking

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<v Speaker 6>and Diddy, so we'll have a fact that the fact

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<v Speaker 6>I'm excited to actually have. I don't think people actually

0:12:54.520 --> 0:12:56.720
<v Speaker 6>knew that we're going to be interviewing him. So that said,

0:12:56.720 --> 0:13:01.160
<v Speaker 6>earn your leisure presentation. Yes, it's working with the questions already.

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<v Speaker 6>I do have some questions in mind.

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<v Speaker 8>I'm sure there are gonna be questions that people want

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<v Speaker 8>to hear.

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<v Speaker 6>That will be Oh, we're asking the tough question to oh, really, well,

0:13:09.200 --> 0:13:10.240
<v Speaker 6>he wants that we talked.

0:13:10.800 --> 0:13:15.880
<v Speaker 4>He wants that. I got to want to submit it's

0:13:15.960 --> 0:13:18.480
<v Speaker 4>good though it's no, it's no layup, it's no layup.

0:13:18.760 --> 0:13:22.120
<v Speaker 6>Okay, this is this is this is gonna be one

0:13:22.120 --> 0:13:26.000
<v Speaker 6>of the ones that's fire. But yeah, uh, we definitely

0:13:26.040 --> 0:13:28.080
<v Speaker 6>got to have her on if she's interested in coming

0:13:28.120 --> 0:13:31.160
<v Speaker 6>in and having these relationship talks, because we don't just

0:13:31.200 --> 0:13:33.680
<v Speaker 6>have these relationship talks for no reason. It's very impart

0:13:33.720 --> 0:13:36.920
<v Speaker 6>of the economic and structure of you personally. It's probably,

0:13:37.080 --> 0:13:43.200
<v Speaker 6>honestly the biggest factor of your economic success is going

0:13:43.280 --> 0:13:49.000
<v Speaker 6>to be relationship. You select who you choose children, how

0:13:49.080 --> 0:13:51.840
<v Speaker 6>young you have children, if you wait to have children,

0:13:52.000 --> 0:13:54.520
<v Speaker 6>if you get it, divorced, if you have a child

0:13:54.520 --> 0:13:57.840
<v Speaker 6>out of wed lot, all of these things factor will

0:13:57.920 --> 0:14:00.000
<v Speaker 6>factor into the play of your finance.

0:14:00.160 --> 0:14:02.640
<v Speaker 8>When essays Steve Harvey for those not and no essays,

0:14:02.720 --> 0:14:06.080
<v Speaker 8>was on share Club Sha Shape, That's exactly what he said.

0:14:06.360 --> 0:14:08.599
<v Speaker 8>The biggest financial decision you're gonna make is who you

0:14:08.640 --> 0:14:09.000
<v Speaker 8>choose to be.

0:14:09.679 --> 0:14:10.920
<v Speaker 4>Mitigate risk of all calls.

0:14:11.120 --> 0:14:13.200
<v Speaker 6>And you can't survive it if you If you can,

0:14:13.240 --> 0:14:16.040
<v Speaker 6>you can have a kid at at sixteen and become

0:14:16.040 --> 0:14:19.160
<v Speaker 6>a millionaire. You could go through three divorces. It just

0:14:19.280 --> 0:14:21.080
<v Speaker 6>makes it increasingly hard harder.

0:14:21.160 --> 0:14:22.920
<v Speaker 8>That's what it led to that it led to the

0:14:22.920 --> 0:14:26.720
<v Speaker 8>conversation of his divorce. Obviously we covered the tax situation

0:14:26.960 --> 0:14:29.600
<v Speaker 8>and how that played out. He lost it all. He

0:14:29.720 --> 0:14:32.480
<v Speaker 8>found his current wife, Marjorie, and this it's led to

0:14:32.480 --> 0:14:34.920
<v Speaker 8>his great success that he's ever had. He attributes to

0:14:34.920 --> 0:14:37.400
<v Speaker 8>that to her being in his life. It's no coincidence.

0:14:37.440 --> 0:14:38.680
<v Speaker 8>So it's a big decision.

0:14:40.880 --> 0:14:45.720
<v Speaker 6>My graduates from my school being forced bad drop bag

0:14:45.840 --> 0:14:49.200
<v Speaker 6>drop my drop, bad drop drop.

0:14:59.480 --> 0:15:03.160
<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:15:03.200 --> 0:15:07.000
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:15:07.240 --> 0:15:11.360
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:15:11.440 --> 0:15:14.360
<v Speaker 1>filming and selling child pornography in Michigan.

0:15:14.720 --> 0:15:15.400
<v Speaker 2>These are just.

0:15:15.440 --> 0:15:19.200
<v Speaker 1>Some of the heinous migrant criminals caught because of President

0:15:19.200 --> 0:15:19.640
<v Speaker 1>Donald J.

0:15:19.720 --> 0:15:22.120
<v Speaker 2>Trump's leadership. I'm Christy nom the.

0:15:22.200 --> 0:15:26.800
<v Speaker 1>United States Secretary of Homeland Security. Under President Trump, attempted

0:15:26.840 --> 0:15:30.520
<v Speaker 1>illegal border crossings are at the lowest levels ever recorded,

0:15:30.840 --> 0:15:33.920
<v Speaker 1>and over one hundred thousand illegal aliens have been arrested.

0:15:34.160 --> 0:15:37.720
<v Speaker 1>If you are here illegally, your next you will be

0:15:37.760 --> 0:15:41.200
<v Speaker 1>fine nearly one thousand dollars a day, imprisoned and.

0:15:41.120 --> 0:15:43.280
<v Speaker 2>Deported, you will never return.

0:15:43.600 --> 0:15:46.640
<v Speaker 1>But if you register using our CBP home app and

0:15:46.720 --> 0:15:49.600
<v Speaker 1>leave now, you could be allowed to return legally.

0:15:49.960 --> 0:15:52.240
<v Speaker 2>Do what's right. Leave now.

0:15:52.560 --> 0:15:57.360
<v Speaker 1>Under President Trump, America's laws, border and families will be protected.

0:15:57.440 --> 0:15:59.560
<v Speaker 3>Sponsored by the United States Department of Homeland Security.