1 00:00:03,960 --> 00:00:05,800 Speaker 1: What's up is way up at the Angela Yee. I'm 2 00:00:05,840 --> 00:00:09,600 Speaker 1: here with my Wealth Wednesday partners, stacye Tisday, Heffy Wealth Wednesdays. Everybody. 3 00:00:09,680 --> 00:00:12,760 Speaker 2: We are taking you way up today with the one, 4 00:00:13,119 --> 00:00:18,319 Speaker 2: the only, the People's champ. Chrissane is here. And what 5 00:00:18,800 --> 00:00:22,200 Speaker 2: I don't know what we would even say about Chris Sayne. 6 00:00:22,280 --> 00:00:25,840 Speaker 1: You are a best selling author, two time best selling authors. 7 00:00:25,960 --> 00:00:30,960 Speaker 2: You are one of the top financial coaches in the world. 8 00:00:31,560 --> 00:00:35,840 Speaker 2: You're a massive philanthropist with your hundred Days of Giving initiative. 9 00:00:35,400 --> 00:00:37,159 Speaker 1: Top one hundred money expert on Forbes. 10 00:00:37,479 --> 00:00:42,000 Speaker 2: Yeah, YouTube creator, all that stuff. But let's jump right 11 00:00:42,040 --> 00:00:44,680 Speaker 2: into one of the most interesting things about you. We 12 00:00:44,720 --> 00:00:50,200 Speaker 2: have your beautiful wife here quiet. How did okay, y'all 13 00:00:50,240 --> 00:00:52,000 Speaker 2: retired debt fro. I'm just gonna put it out there. 14 00:00:52,000 --> 00:00:57,080 Speaker 2: You retired debt free at thirty seven years old. Thirty 15 00:00:57,120 --> 00:00:57,720 Speaker 2: seven years old? 16 00:00:57,840 --> 00:00:58,600 Speaker 1: That is amazing. 17 00:00:58,640 --> 00:01:00,800 Speaker 2: How does somebody retire debt free? 18 00:01:00,840 --> 00:01:08,080 Speaker 3: Stacy got right to it, man, headlines. We were very, 19 00:01:08,240 --> 00:01:12,040 Speaker 3: very intentional, man. We met at Michigan State, just two poor, humble, 20 00:01:12,160 --> 00:01:13,080 Speaker 3: hard working kids. 21 00:01:13,080 --> 00:01:13,959 Speaker 4: Man. I like to say so. 22 00:01:14,040 --> 00:01:16,080 Speaker 3: We knew, Stacey that we didn't have a lot of 23 00:01:16,080 --> 00:01:18,360 Speaker 3: people to depend on. So when it came to money, 24 00:01:18,840 --> 00:01:21,280 Speaker 3: I would see how she was moving, and I was 25 00:01:21,280 --> 00:01:23,920 Speaker 3: taking my little refund checking, making sure I was moving right. 26 00:01:23,959 --> 00:01:27,600 Speaker 3: And I'm looking like, Okay, I'm feeling her and I'm 27 00:01:27,760 --> 00:01:30,200 Speaker 3: loving how she's handling her money. I ain't seeing her 28 00:01:30,240 --> 00:01:32,800 Speaker 3: do too much. And so early on when we first 29 00:01:32,840 --> 00:01:36,880 Speaker 3: got together, I'm looking like, Okay, she can cook. I 30 00:01:36,880 --> 00:01:39,760 Speaker 3: would come home from practice, she was just you know, 31 00:01:39,840 --> 00:01:43,080 Speaker 3: I'm saying, just just We was friends before all of this, 32 00:01:43,200 --> 00:01:46,160 Speaker 3: but I was seeing traits and I knew who I was. 33 00:01:46,040 --> 00:01:46,200 Speaker 4: I was. 34 00:01:47,920 --> 00:01:51,560 Speaker 3: Man as an athlete. I was looking like, you know what, 35 00:01:52,440 --> 00:01:55,880 Speaker 3: Stacy and Angela, like a lot of athletes go broke 36 00:01:56,400 --> 00:01:57,600 Speaker 3: three to five years. 37 00:01:57,320 --> 00:01:58,720 Speaker 4: Once their playing career was done. 38 00:01:58,760 --> 00:02:01,440 Speaker 3: So so I was was an athlete at Michigan State 39 00:02:01,440 --> 00:02:04,040 Speaker 3: at the time, looking at this kind of stuff, and 40 00:02:04,120 --> 00:02:06,200 Speaker 3: so I peeped that in her and I would just 41 00:02:06,200 --> 00:02:08,280 Speaker 3: see how she would move, and I knew I was broke, 42 00:02:08,560 --> 00:02:11,079 Speaker 3: holding onto every dollar I had on my refund check. 43 00:02:11,639 --> 00:02:14,920 Speaker 3: And that was one of the things we took into 44 00:02:15,000 --> 00:02:19,800 Speaker 3: our marriage, which was like, you know what, saving being 45 00:02:19,880 --> 00:02:23,440 Speaker 3: intentional owning everything. We own our houses, we own all 46 00:02:23,440 --> 00:02:26,360 Speaker 3: our cars, and so we don't have those payments going 47 00:02:26,400 --> 00:02:29,200 Speaker 3: out reoccurring every month. We were able to stack, we 48 00:02:29,200 --> 00:02:32,080 Speaker 3: were able to set aside going on trips for six 49 00:02:32,280 --> 00:02:36,360 Speaker 3: seven months at a time, to just be intentional about 50 00:02:36,880 --> 00:02:39,920 Speaker 3: paying down that paying off debt. And that's how we 51 00:02:39,919 --> 00:02:43,280 Speaker 3: were doing it. But it was just consistent behaviors week 52 00:02:43,360 --> 00:02:44,920 Speaker 3: in and week out, month in and month. 53 00:02:44,919 --> 00:02:47,480 Speaker 1: Oh, I have so many questions, So do you believe 54 00:02:47,520 --> 00:02:49,600 Speaker 1: in good debt? Because I know you said you own 55 00:02:49,639 --> 00:02:53,600 Speaker 1: everything and paid everything off and paying down those debts. 56 00:02:53,639 --> 00:02:56,079 Speaker 2: Angeliae, Look how much of debt was it? Student loan 57 00:02:56,160 --> 00:02:57,520 Speaker 2: debt is not small, So. 58 00:02:57,560 --> 00:03:02,080 Speaker 3: Student loan debt, we had maybe seventy five thousand of 59 00:03:02,200 --> 00:03:07,960 Speaker 3: that maybe yep, yep, yep. And then when it came 60 00:03:08,040 --> 00:03:09,920 Speaker 3: to I told you I was. 61 00:03:09,919 --> 00:03:12,280 Speaker 4: Broke, I was living off credit cards. 62 00:03:12,680 --> 00:03:14,600 Speaker 3: I got family with stuff in my name, So it 63 00:03:14,639 --> 00:03:17,200 Speaker 3: was a lot to Angela's point about even cleaning up 64 00:03:17,240 --> 00:03:20,200 Speaker 3: the credit pard, but that's the work I'm talking about. 65 00:03:20,320 --> 00:03:22,960 Speaker 3: That's the kind of stuff we did as a foundational piece, 66 00:03:23,080 --> 00:03:25,240 Speaker 3: Like look at what we got, stuff that's in our 67 00:03:25,320 --> 00:03:27,080 Speaker 3: name that we did, the stuff that's in our name 68 00:03:27,120 --> 00:03:28,919 Speaker 3: and we ain't got nothing to do with, but we 69 00:03:28,919 --> 00:03:32,720 Speaker 3: were making those steps to again rectify those things, get 70 00:03:32,720 --> 00:03:35,520 Speaker 3: those things off our credit report. So do I believe 71 00:03:35,560 --> 00:03:38,160 Speaker 3: in and good that I do believe there is good 72 00:03:38,240 --> 00:03:41,200 Speaker 3: that I'm not a huge advocate for it because we 73 00:03:41,280 --> 00:03:44,200 Speaker 3: are that free and that free is our secret sauce. 74 00:03:44,440 --> 00:03:46,640 Speaker 3: We often say the reason why we're able to be 75 00:03:46,760 --> 00:03:49,640 Speaker 3: so philanthropic and all the stuff we do, and from 76 00:03:49,640 --> 00:03:53,400 Speaker 3: a philanthropy standpoint, is because we don't have any that 77 00:03:53,800 --> 00:03:56,400 Speaker 3: we own everything, and we're big on that when we 78 00:03:57,160 --> 00:04:01,440 Speaker 3: I still drive a used twenty ten and BMW for example, 79 00:04:02,160 --> 00:04:05,920 Speaker 3: she drives a twenty twenty five Range Rover. Strategically we 80 00:04:06,000 --> 00:04:09,200 Speaker 3: do things like that for tax purposes, the weight of 81 00:04:09,200 --> 00:04:11,360 Speaker 3: the car, the weight of the car. We're very savvy 82 00:04:11,400 --> 00:04:14,120 Speaker 3: with that kind of stuff. But I speak to that 83 00:04:14,240 --> 00:04:18,960 Speaker 3: because with the Range Rover, we walk right in there 84 00:04:19,440 --> 00:04:24,839 Speaker 3: fifteen minutes flat and walk right out because the cash 85 00:04:25,000 --> 00:04:28,520 Speaker 3: is on hand, that the money was there. We don't 86 00:04:28,560 --> 00:04:30,360 Speaker 3: have no ain't no need to run, no credit or 87 00:04:30,400 --> 00:04:33,000 Speaker 3: none of that stuff. We have great credit, but we 88 00:04:33,080 --> 00:04:37,839 Speaker 3: also have the on hand liquid cash to just buy 89 00:04:37,880 --> 00:04:40,800 Speaker 3: what we want. So we don't incure another car, no, 90 00:04:41,320 --> 00:04:43,279 Speaker 3: and so we are able to just stay on that 91 00:04:43,400 --> 00:04:48,000 Speaker 3: course of maintaining our debt freedom status again, which then 92 00:04:48,080 --> 00:04:49,880 Speaker 3: allows us to do more for others. 93 00:04:49,920 --> 00:04:51,520 Speaker 4: Because that's all to me what we're trying to do. 94 00:04:52,000 --> 00:04:54,919 Speaker 2: How do you teach people to get there? I know 95 00:04:54,960 --> 00:04:59,640 Speaker 2: you work with thousands and thousands of individuals, families. How 96 00:04:59,640 --> 00:04:59,880 Speaker 2: do you. 97 00:05:01,960 --> 00:05:05,120 Speaker 3: One You gotta meet people where they're at first and foremost. 98 00:05:05,400 --> 00:05:08,000 Speaker 3: I know I was intentional about certain things when it 99 00:05:08,040 --> 00:05:12,599 Speaker 3: came to finances, but everybody has their own relationship with money. 100 00:05:12,680 --> 00:05:15,839 Speaker 3: Everybody has their own financial trauma that they are dealing 101 00:05:15,880 --> 00:05:18,240 Speaker 3: with in some way, shape, form, or fashion. So for me, 102 00:05:18,720 --> 00:05:21,720 Speaker 3: it's first doing an assessment of what you're working with. 103 00:05:22,040 --> 00:05:23,920 Speaker 3: What are we dealing with here? What does this picture 104 00:05:23,960 --> 00:05:26,440 Speaker 3: look like? For some people? It's credit card debt for 105 00:05:26,560 --> 00:05:29,839 Speaker 3: some people. It's rent for some people as least cars, 106 00:05:29,920 --> 00:05:33,640 Speaker 3: whatever it may be. You wanna kin kind of kind 107 00:05:33,640 --> 00:05:37,040 Speaker 3: of corral people in terms of a Okay, these are 108 00:05:37,040 --> 00:05:39,800 Speaker 3: the things we can get taken care of quick, these 109 00:05:39,800 --> 00:05:41,560 Speaker 3: are the things it's gonna take a little bit more time. 110 00:05:42,160 --> 00:05:44,240 Speaker 4: Let's put a plan in place and knock these things out. 111 00:05:45,720 --> 00:05:48,640 Speaker 2: I know you said it's very important for you and 112 00:05:48,680 --> 00:05:53,560 Speaker 2: your wife to be people who others, particularly people in 113 00:05:53,600 --> 00:05:56,400 Speaker 2: the black community can look at and say, hey, look 114 00:05:56,400 --> 00:05:58,920 Speaker 2: at this black family. They lived beneath their means, they 115 00:05:58,920 --> 00:06:01,520 Speaker 2: did that and to paint picture no like this is 116 00:06:01,520 --> 00:06:03,400 Speaker 2: what a black couple really looks like? Why is that 117 00:06:03,440 --> 00:06:03,920 Speaker 2: so important? 118 00:06:03,920 --> 00:06:05,239 Speaker 4: To man? It's so important. 119 00:06:05,279 --> 00:06:11,520 Speaker 3: Our culture needs all the examples they can get of real, loving, 120 00:06:12,120 --> 00:06:17,000 Speaker 3: faithful marriage because the narrative that's going around in the 121 00:06:17,080 --> 00:06:23,200 Speaker 3: media and the tearing down of relationships, marriages and the 122 00:06:24,400 --> 00:06:27,000 Speaker 3: thing that's doing in terms of making people think that 123 00:06:27,360 --> 00:06:30,480 Speaker 3: there's real love don't exist. We want to show or 124 00:06:30,520 --> 00:06:32,479 Speaker 3: we least I don't even say we want we live 125 00:06:32,520 --> 00:06:34,400 Speaker 3: it out every day. We want to show people. No, 126 00:06:34,760 --> 00:06:37,960 Speaker 3: it's some young couples out here that ain't with the foolishness, 127 00:06:38,000 --> 00:06:41,719 Speaker 3: that ain't messy, that ain't into the gossip, that live right, 128 00:06:41,839 --> 00:06:44,760 Speaker 3: that do right, that's truly in love, that's truly making 129 00:06:44,800 --> 00:06:48,679 Speaker 3: an impact in the world. And that message very rarely 130 00:06:48,720 --> 00:06:51,560 Speaker 3: if ever gets told. And we're sitting here like, man, 131 00:06:51,680 --> 00:06:56,239 Speaker 3: it exists. We've been rocking for fourteen years and nobody 132 00:06:56,279 --> 00:06:58,960 Speaker 3: could tell us that we not real. Nobody can tell 133 00:06:59,040 --> 00:07:01,200 Speaker 3: us that we didn't get it out the mud, and 134 00:07:01,240 --> 00:07:03,240 Speaker 3: nobody can tell us that we didn't do all of 135 00:07:03,279 --> 00:07:07,359 Speaker 3: these things without having a silver spoon, without having a handout, 136 00:07:07,360 --> 00:07:08,679 Speaker 3: without starting on third base. 137 00:07:09,200 --> 00:07:11,600 Speaker 4: We just grinded out two kids from Michigan State. 138 00:07:11,920 --> 00:07:13,800 Speaker 1: You know, I want to ask you what, because there's 139 00:07:13,800 --> 00:07:16,640 Speaker 1: always going to be things that maybe you're not completely 140 00:07:16,680 --> 00:07:19,640 Speaker 1: aligned on. What was one of those things financially with 141 00:07:19,720 --> 00:07:22,040 Speaker 1: you and your wife that you guys had to compromise on. 142 00:07:23,040 --> 00:07:24,720 Speaker 4: That's a great question, Angela. 143 00:07:25,440 --> 00:07:28,240 Speaker 3: A thing that we had to compromise on was I'll 144 00:07:28,240 --> 00:07:32,680 Speaker 3: say this, it was more my wife is what you 145 00:07:32,760 --> 00:07:37,040 Speaker 3: guys are strong independent women, black women at that my 146 00:07:37,200 --> 00:07:42,520 Speaker 3: wife dealing with me, a strong black male. She was 147 00:07:42,560 --> 00:07:44,760 Speaker 3: so accustomed of getting it in on her own. She 148 00:07:44,880 --> 00:07:47,880 Speaker 3: was already well to do for herself. Little things like 149 00:07:47,920 --> 00:07:51,920 Speaker 3: this was our issue, her trying to bring the groceries 150 00:07:51,960 --> 00:07:54,920 Speaker 3: in and take the trash out. It was stuff like, 151 00:07:54,960 --> 00:07:59,000 Speaker 3: hold on, all right, I bring the groceries in, you 152 00:07:59,040 --> 00:08:00,720 Speaker 3: could take the trash out, vice versa. 153 00:08:00,800 --> 00:08:01,160 Speaker 4: It was. 154 00:08:01,280 --> 00:08:04,320 Speaker 3: It was more of those dynamics we had too, as 155 00:08:04,320 --> 00:08:07,800 Speaker 3: I often say, well to do individuals before we retire. 156 00:08:08,160 --> 00:08:11,720 Speaker 3: I worked in higher education, for example, she worked in healthcare. 157 00:08:12,000 --> 00:08:16,920 Speaker 3: We both held positions of power and leadership, and so 158 00:08:17,040 --> 00:08:18,920 Speaker 3: I knew how she was rocking. I knew how she 159 00:08:19,040 --> 00:08:22,040 Speaker 3: was coming to the table. I knew the degrees and 160 00:08:22,080 --> 00:08:25,440 Speaker 3: the education she earned while in school. Same for myself. 161 00:08:25,480 --> 00:08:28,880 Speaker 3: So we were good in that regard. But it was 162 00:08:28,920 --> 00:08:32,000 Speaker 3: more about us being equally yoked in our thoughts around 163 00:08:32,080 --> 00:08:35,040 Speaker 3: money that helped make the difference. I often talked to 164 00:08:35,080 --> 00:08:42,000 Speaker 3: couples about making sure you're making sure your partner is 165 00:08:42,080 --> 00:08:43,679 Speaker 3: aligned with with what. 166 00:08:43,720 --> 00:08:46,360 Speaker 4: Your goals are. I talked to people every day, and 167 00:08:46,440 --> 00:08:47,200 Speaker 4: couples will. 168 00:08:47,120 --> 00:08:50,040 Speaker 3: Call me and they'll say, my man, he wants the 169 00:08:50,080 --> 00:08:53,360 Speaker 3: sports gamble or do this, and I want to say 170 00:08:53,520 --> 00:08:55,240 Speaker 3: or the guy would be like, man, my girl want 171 00:08:55,280 --> 00:08:58,320 Speaker 3: to keep shopping and buying bags and Jordan's and I 172 00:08:58,400 --> 00:09:01,200 Speaker 3: want to start safe and so off top, you see 173 00:09:01,200 --> 00:09:04,800 Speaker 3: the disconnect between two people that's not aligned. 174 00:09:05,280 --> 00:09:06,480 Speaker 4: We work from the get go. 175 00:09:06,640 --> 00:09:08,640 Speaker 1: Can I just point out that sometimes those bags do 176 00:09:09,600 --> 00:09:12,840 Speaker 1: become a good investment. I don't want to put that 177 00:09:12,920 --> 00:09:15,559 Speaker 1: out there. I do hear that I didn't got the 178 00:09:15,640 --> 00:09:18,560 Speaker 1: nice watch on though. What about investing and things like 179 00:09:18,720 --> 00:09:23,360 Speaker 1: watches and is that something that you also do and 180 00:09:23,400 --> 00:09:26,960 Speaker 1: look at because I know people will say, yeah, we. 181 00:09:27,800 --> 00:09:31,800 Speaker 4: Are A time piece is not a bad investment. 182 00:09:31,920 --> 00:09:36,040 Speaker 3: We don't overly do it, okay, but we from the trenches, 183 00:09:36,080 --> 00:09:37,480 Speaker 3: we do like to have nice things. 184 00:09:37,520 --> 00:09:38,040 Speaker 4: We're not the. 185 00:09:39,679 --> 00:09:42,160 Speaker 3: Type that got this wealth and don't know how to 186 00:09:42,920 --> 00:09:44,280 Speaker 3: add some sauce to it now. 187 00:09:44,280 --> 00:09:46,280 Speaker 1: Right, But I can look at both, well. 188 00:09:46,280 --> 00:09:50,439 Speaker 4: We don't go crazy. We don't go crazy. 189 00:09:51,880 --> 00:09:55,120 Speaker 2: Talk about your beginnings. You have another book called Dumb Athlete, 190 00:09:55,160 --> 00:09:57,319 Speaker 2: which is about the first twenty seven years of your life, 191 00:09:57,320 --> 00:10:00,120 Speaker 2: and I know I looked at that and two things 192 00:10:00,120 --> 00:10:02,680 Speaker 2: it really stood out is you had a friend who 193 00:10:02,720 --> 00:10:05,120 Speaker 2: got shot and killed absolutely and he was like twelve 194 00:10:05,240 --> 00:10:08,160 Speaker 2: or thirteen years old, and you thought, and everybody thought, 195 00:10:08,200 --> 00:10:10,439 Speaker 2: that's what was gonna happen. How did that not happen 196 00:10:10,480 --> 00:10:10,640 Speaker 2: to you? 197 00:10:10,880 --> 00:10:13,199 Speaker 3: Typically for all of us, everybody in this room, man, 198 00:10:13,400 --> 00:10:15,480 Speaker 3: that those of us that grew up in the trenches, 199 00:10:16,000 --> 00:10:17,719 Speaker 3: they all thought that we would be dead or in 200 00:10:17,800 --> 00:10:20,319 Speaker 3: jail by twenty five. And my story was no different. 201 00:10:21,160 --> 00:10:23,200 Speaker 3: I had a homeboard that lived right up the street 202 00:10:23,240 --> 00:10:26,360 Speaker 3: from me, and that was his fate. And so when 203 00:10:26,360 --> 00:10:29,360 Speaker 3: it hit so close to home, you often think you 204 00:10:29,480 --> 00:10:33,040 Speaker 3: might be next. And so that reality coupled with the 205 00:10:33,080 --> 00:10:35,400 Speaker 3: fact I had her brother that was doing twenty five 206 00:10:35,480 --> 00:10:37,400 Speaker 3: years in prison at the time, and so all the 207 00:10:37,480 --> 00:10:41,199 Speaker 3: narratives that was being pushed about black men were I 208 00:10:40,880 --> 00:10:43,760 Speaker 3: was least seeing real life examples of them in my 209 00:10:44,920 --> 00:10:47,880 Speaker 3: present at the time, and so I was like, not me, 210 00:10:48,000 --> 00:10:49,480 Speaker 3: and that became a matra back then. 211 00:10:49,600 --> 00:10:49,880 Speaker 4: Not me. 212 00:10:50,120 --> 00:10:52,480 Speaker 3: I don't care what the stat started not talking about me. 213 00:10:53,040 --> 00:10:55,720 Speaker 3: I won't be that. And I often say in my book, 214 00:10:55,840 --> 00:10:59,120 Speaker 3: we are a product of our expectations, not our environment. 215 00:11:00,320 --> 00:11:02,960 Speaker 3: To graduate, I expected to go on and make something 216 00:11:02,960 --> 00:11:06,200 Speaker 3: of myself, and so the moves and the decisions I 217 00:11:06,240 --> 00:11:08,240 Speaker 3: made were in alignment with that. 218 00:11:08,480 --> 00:11:11,160 Speaker 2: But you had sports. You're a gifted athlete. 219 00:11:11,280 --> 00:11:11,839 Speaker 4: Absolutely. 220 00:11:11,880 --> 00:11:15,120 Speaker 3: I was a two sports star in high school. I 221 00:11:15,160 --> 00:11:18,080 Speaker 3: played for both football and basketball. But what happened with 222 00:11:18,200 --> 00:11:21,680 Speaker 3: that even was something that I look back on now 223 00:11:21,920 --> 00:11:25,600 Speaker 3: was a blessing. But I ended up going to Michigan 224 00:11:25,640 --> 00:11:29,360 Speaker 3: State and had to walk on And when you are 225 00:11:29,400 --> 00:11:32,760 Speaker 3: accustomed to getting a red carpet treatment, I had to 226 00:11:32,840 --> 00:11:36,760 Speaker 3: learn to. I had to learn very early on how 227 00:11:36,800 --> 00:11:41,560 Speaker 3: to embrace not having a spotlight. I had to first 228 00:11:42,080 --> 00:11:46,400 Speaker 3: overcome the test of being overlooked in order to be 229 00:11:47,840 --> 00:11:50,320 Speaker 3: the person I wanted to ultimately come out and be. 230 00:11:50,559 --> 00:11:51,360 Speaker 4: And so for me. 231 00:11:52,400 --> 00:11:55,240 Speaker 3: It took everything in me at the time when I 232 00:11:55,320 --> 00:11:58,240 Speaker 3: was going through being a walk on not having a 233 00:11:58,280 --> 00:12:01,400 Speaker 3: red carpet treatment, and for the first time I was 234 00:12:01,440 --> 00:12:04,000 Speaker 3: able to see, like, dang this my teammates was probably 235 00:12:04,000 --> 00:12:07,440 Speaker 3: feeling like in high school, right, And it kind of 236 00:12:07,480 --> 00:12:11,160 Speaker 3: sets you up because now you fast forward when you 237 00:12:11,200 --> 00:12:13,959 Speaker 3: were going through it, you're looking like, God, what's going on? Man? 238 00:12:14,040 --> 00:12:16,640 Speaker 3: I know, I know this aining what it's supposed to be, 239 00:12:17,000 --> 00:12:21,360 Speaker 3: and all the while he was preparing me for where 240 00:12:21,400 --> 00:12:23,480 Speaker 3: we're at today. I often say most people see the 241 00:12:23,559 --> 00:12:26,840 Speaker 3: end result, but very few consider the journey, and most 242 00:12:26,920 --> 00:12:31,079 Speaker 3: people didn't understand sometimes the things we are going through 243 00:12:31,600 --> 00:12:33,120 Speaker 3: are really preparing. 244 00:12:32,760 --> 00:12:35,559 Speaker 4: Us for what's greater and what's coming later. 245 00:12:35,720 --> 00:12:38,079 Speaker 1: When you think about these student athletes now with these 246 00:12:38,160 --> 00:12:41,960 Speaker 1: nil deals, and you've talked about how both you and 247 00:12:42,000 --> 00:12:45,800 Speaker 1: your wife did not financially have it like that, how 248 00:12:45,840 --> 00:12:47,680 Speaker 1: do you think you might have been different? Like you 249 00:12:47,720 --> 00:12:52,840 Speaker 1: think you would still be this person that is retired 250 00:12:52,840 --> 00:12:55,480 Speaker 1: at thirty seven, because imagine, you know, being young and 251 00:12:55,559 --> 00:13:00,120 Speaker 1: not having that financial savvy and then having access to money. 252 00:13:00,400 --> 00:13:03,680 Speaker 3: Man, I can only imagine how difficult that is. Because 253 00:13:03,880 --> 00:13:06,679 Speaker 3: the education piece is still the thing that's missing. No 254 00:13:06,720 --> 00:13:09,960 Speaker 3: matter how much money the athletes are getting at the 255 00:13:09,960 --> 00:13:13,240 Speaker 3: college level or the young rookie at that level, my. 256 00:13:13,320 --> 00:13:15,760 Speaker 4: Thing would be, would I be the same? 257 00:13:16,720 --> 00:13:19,800 Speaker 3: I can't say I think what I went through prepared 258 00:13:19,840 --> 00:13:21,199 Speaker 3: me for how I came out. 259 00:13:21,280 --> 00:13:21,400 Speaker 4: Now. 260 00:13:21,440 --> 00:13:23,680 Speaker 3: I did know, even though I didn't make it to 261 00:13:23,720 --> 00:13:26,560 Speaker 3: the NFL, I was only looking to be that guy 262 00:13:26,640 --> 00:13:29,319 Speaker 3: with like a three to five year career, and the 263 00:13:29,320 --> 00:13:31,840 Speaker 3: things that you guys see me doing now would have 264 00:13:31,880 --> 00:13:34,959 Speaker 3: been the things I was doing. The philanthropy, the stuff 265 00:13:35,000 --> 00:13:37,679 Speaker 3: with you, the stuff with the athletes. I was going 266 00:13:37,760 --> 00:13:39,880 Speaker 3: to do that anyway. I was just going to have 267 00:13:40,760 --> 00:13:42,760 Speaker 3: former NFL star Chris saying. 268 00:13:42,480 --> 00:13:44,680 Speaker 4: Getting me to the community. I just have. 269 00:13:48,440 --> 00:13:51,520 Speaker 3: So Yeah, so it all worked out. But I think 270 00:13:51,520 --> 00:13:54,280 Speaker 3: about these athletes all the time in terms of, well 271 00:13:54,320 --> 00:13:57,840 Speaker 3: the money derailed them because they might not ever see 272 00:13:57,880 --> 00:14:01,480 Speaker 3: that substantial of money at once time if things don't 273 00:14:01,520 --> 00:14:02,720 Speaker 3: pan out for their. 274 00:14:02,840 --> 00:14:05,240 Speaker 2: When I have that in common, I started I was 275 00:14:05,280 --> 00:14:08,800 Speaker 2: an athlete too, and my fight work in financial literacy 276 00:14:08,880 --> 00:14:12,640 Speaker 2: started by creating financial education programs for athletes. The giants 277 00:14:13,000 --> 00:14:16,400 Speaker 2: Washington mystics and we hear all this. You know, oh, 278 00:14:16,400 --> 00:14:19,040 Speaker 2: they blow their money. You know they go broke. But 279 00:14:19,080 --> 00:14:22,800 Speaker 2: when you dig down into it, the number one reason 280 00:14:23,480 --> 00:14:27,480 Speaker 2: athletes go broke are friends and family, yep. And they 281 00:14:27,520 --> 00:14:30,880 Speaker 2: also go broke because of over confidence, the overconfidence you 282 00:14:30,960 --> 00:14:32,920 Speaker 2: have to develop for sports. They bring it to their 283 00:14:32,960 --> 00:14:35,000 Speaker 2: money game. Oh I'm going to invest in this so 284 00:14:35,080 --> 00:14:35,840 Speaker 2: it'll do whatever. 285 00:14:36,360 --> 00:14:38,960 Speaker 3: Or they think they gonna get another contract after that first, 286 00:14:39,000 --> 00:14:40,200 Speaker 3: that's that expectations. 287 00:14:40,280 --> 00:14:44,480 Speaker 1: Or they have a few kids, a few people to pay. 288 00:14:44,680 --> 00:14:47,200 Speaker 2: The friends and family parts huge. My son was also 289 00:14:47,240 --> 00:14:52,480 Speaker 2: an athlete, and they just that, you know, early scripting, 290 00:14:52,560 --> 00:14:54,320 Speaker 2: we helped you make it. When you make it, you 291 00:14:54,360 --> 00:14:57,640 Speaker 2: owe us. You have ten people holding their hands out 292 00:14:57,680 --> 00:15:00,400 Speaker 2: and as he's still in college and that athletes world, 293 00:15:00,680 --> 00:15:02,600 Speaker 2: and I see these kids are getting all these money. 294 00:15:02,600 --> 00:15:06,240 Speaker 2: But it's the same pressures, absolutely, absolutely the same pressures. 295 00:15:06,400 --> 00:15:11,000 Speaker 3: Family is a is a tricky dynamic. We call it 296 00:15:11,000 --> 00:15:14,160 Speaker 3: the Black tex Sometimes when you make it in the 297 00:15:14,200 --> 00:15:19,600 Speaker 3: black community, every family member either thinks you owe them something, 298 00:15:19,680 --> 00:15:24,400 Speaker 3: feeling titled and friends too. Friends is the whole gamut, 299 00:15:24,440 --> 00:15:27,360 Speaker 3: and so they don't understand the toll that that takes, 300 00:15:27,480 --> 00:15:30,880 Speaker 3: especially for the person that's not financially savvy yet that 301 00:15:31,000 --> 00:15:34,160 Speaker 3: far as victim to that if you start spending money 302 00:15:34,560 --> 00:15:40,080 Speaker 3: in buying houses and buying cars, and you're, like Angela said, 303 00:15:40,080 --> 00:15:42,320 Speaker 3: you're not guaranteed to get that next contract. You might 304 00:15:42,360 --> 00:15:45,720 Speaker 3: have kids, you got your own family and responsibilities. That 305 00:15:45,840 --> 00:15:49,560 Speaker 3: money ain't guaranteed that career you want injury away from 306 00:15:49,720 --> 00:15:52,920 Speaker 3: it all being over with, and nobody accounts for those 307 00:15:53,040 --> 00:15:56,120 Speaker 3: dynamics for the athlete, how. 308 00:15:56,040 --> 00:15:58,440 Speaker 1: Do you handle family and friends? Since we just talked 309 00:15:58,440 --> 00:16:01,240 Speaker 1: about it, like if you had to give somebody advice 310 00:16:01,760 --> 00:16:04,360 Speaker 1: that is going through that, what's a good way to maneuver? 311 00:16:05,160 --> 00:16:05,360 Speaker 4: Man? 312 00:16:05,400 --> 00:16:08,760 Speaker 3: I'm actually going through it, like somebody tell me. 313 00:16:09,840 --> 00:16:09,920 Speaker 1: So. 314 00:16:10,080 --> 00:16:12,600 Speaker 3: Clarissa Shills is up here, man, and she spoke to it, 315 00:16:12,640 --> 00:16:16,080 Speaker 3: and a lot of what she alluded to. My family 316 00:16:16,120 --> 00:16:18,960 Speaker 3: has that same dynamic we're currently playing out right now. 317 00:16:19,040 --> 00:16:22,600 Speaker 3: And for me, I'm blessed to be a little bit more. 318 00:16:23,240 --> 00:16:26,240 Speaker 3: I'm the financial survit I'm the financial savvy person. 319 00:16:26,280 --> 00:16:28,200 Speaker 1: So and they say you're giving money your way to people, 320 00:16:28,320 --> 00:16:31,000 Speaker 1: They're probably like you about a million dollars. I mean, 321 00:16:31,120 --> 00:16:31,720 Speaker 1: I'm right here. 322 00:16:33,280 --> 00:16:35,400 Speaker 3: I do believe that's some of the thinking, and it 323 00:16:35,480 --> 00:16:38,239 Speaker 3: has nothing to do with that. These entities are oftentimes 324 00:16:38,280 --> 00:16:42,080 Speaker 3: five to one C three's. These entities help give us 325 00:16:42,080 --> 00:16:44,840 Speaker 3: a tax advantage. It's it's more strategic than what it 326 00:16:44,920 --> 00:16:47,920 Speaker 3: might look like on social media. And I don't think 327 00:16:47,960 --> 00:16:51,960 Speaker 3: family understands that dynamic, let alone just that. 328 00:16:51,960 --> 00:16:54,800 Speaker 4: You still have a team to pay you have. 329 00:16:55,040 --> 00:16:57,680 Speaker 2: It's not just you don't want to be an enabler. 330 00:16:57,720 --> 00:16:59,560 Speaker 2: You don't want to enable their behavior. And it never 331 00:16:59,600 --> 00:17:00,520 Speaker 2: stops too. Yeah. 332 00:17:00,600 --> 00:17:03,680 Speaker 1: By the way, like once you say yes and do something, 333 00:17:03,760 --> 00:17:06,439 Speaker 1: it's not like thank you so much, I will exit 334 00:17:06,520 --> 00:17:09,240 Speaker 1: and never bother you again. It's like you did it then, 335 00:17:09,320 --> 00:17:10,760 Speaker 1: and then if you say no one time. 336 00:17:11,160 --> 00:17:15,720 Speaker 3: Yeah, the ungratefulness entitlement is something that really is a 337 00:17:16,480 --> 00:17:19,920 Speaker 3: is a challenge when you give, especially the family and friends, 338 00:17:19,960 --> 00:17:24,200 Speaker 3: because it's almost this attitude that you owe them or 339 00:17:24,640 --> 00:17:28,159 Speaker 3: they deserve more, why you're not doing X, Y and z. 340 00:17:28,359 --> 00:17:32,159 Speaker 4: And so that's the tricky dynamic to navigate. I just 341 00:17:32,240 --> 00:17:32,560 Speaker 4: try to. 342 00:17:33,240 --> 00:17:36,119 Speaker 3: I always said this out the gate. I gave my 343 00:17:36,200 --> 00:17:39,560 Speaker 3: family over two hundred and fifty thousand dollars. I bless 344 00:17:39,600 --> 00:17:44,440 Speaker 3: my friends, and I told myself, this is my gift. 345 00:17:44,280 --> 00:17:44,920 Speaker 4: To all of them. 346 00:17:45,200 --> 00:17:46,280 Speaker 2: Don't expect it back. 347 00:17:46,520 --> 00:17:48,920 Speaker 3: I don't expect it back if I don't do nothing 348 00:17:48,960 --> 00:17:50,480 Speaker 3: else for them. 349 00:17:50,560 --> 00:17:55,640 Speaker 2: I'm okay, right, Wow, let's talk about your giving. You 350 00:17:55,680 --> 00:17:59,040 Speaker 2: have what's it called one hundred days? You have one 351 00:17:59,080 --> 00:18:00,360 Speaker 2: hundred k challenge. 352 00:18:00,119 --> 00:18:03,760 Speaker 1: But the one hundred days of giving and you're giving 353 00:18:03,760 --> 00:18:05,720 Speaker 1: away a million dollars. 354 00:18:05,760 --> 00:18:09,720 Speaker 4: Absolutely. So the pull up season, we pull up on 355 00:18:09,840 --> 00:18:10,679 Speaker 4: a lot of people. 356 00:18:10,720 --> 00:18:10,960 Speaker 1: Man. 357 00:18:11,080 --> 00:18:12,880 Speaker 3: We love to my wife and I love to see 358 00:18:12,880 --> 00:18:15,200 Speaker 3: their faces. Man when they see us pull up. I 359 00:18:15,280 --> 00:18:18,879 Speaker 3: hop out with that money. And we know, man, people 360 00:18:18,920 --> 00:18:21,800 Speaker 3: are struggling right now in these economic times. 361 00:18:21,800 --> 00:18:24,560 Speaker 4: People need as much help as possible. And so for me, 362 00:18:25,119 --> 00:18:25,440 Speaker 4: what it. 363 00:18:25,400 --> 00:18:29,760 Speaker 3: Started from is I had a nonprofit since two thousand 364 00:18:29,800 --> 00:18:33,920 Speaker 3: and eight, and I remember for ten years it's twenty 365 00:18:33,960 --> 00:18:36,280 Speaker 3: years old now, twenty plus years old now, but for 366 00:18:36,359 --> 00:18:39,680 Speaker 3: eighteen or nearly twenty years of it, we didn't get 367 00:18:39,680 --> 00:18:42,040 Speaker 3: no funding. And I remember being in the trenches on 368 00:18:42,080 --> 00:18:44,600 Speaker 3: the front line doing all of this work, all this 369 00:18:44,680 --> 00:18:48,800 Speaker 3: community good and I never got not one dollar. I 370 00:18:48,880 --> 00:18:51,520 Speaker 3: never complained, but I always told God, man, if you 371 00:18:51,640 --> 00:18:54,800 Speaker 3: bless me, I'm going to be what I wish somebody 372 00:18:54,960 --> 00:18:57,480 Speaker 3: was to me. So, Angela, a lot of this given 373 00:18:57,560 --> 00:18:59,600 Speaker 3: I do, man, is because I wish when I was 374 00:18:59,640 --> 00:19:01,600 Speaker 3: out there doing all the stuff for the youth, all 375 00:19:01,640 --> 00:19:04,439 Speaker 3: the guys that's coming from the joint or prison, all 376 00:19:04,480 --> 00:19:06,719 Speaker 3: the stuff I was doing for so many people. I 377 00:19:06,840 --> 00:19:08,720 Speaker 3: was like, you know what, this is what I wish 378 00:19:08,840 --> 00:19:11,159 Speaker 3: somebody would have dared for me and my organization. 379 00:19:11,560 --> 00:19:14,679 Speaker 4: So that's what you guys essentially see me doing around 380 00:19:14,720 --> 00:19:15,239 Speaker 4: the world up. 381 00:19:15,240 --> 00:19:17,120 Speaker 1: I always say it's a blessing to be a blessing 382 00:19:17,600 --> 00:19:19,960 Speaker 1: because it also just feels amazing to know that you 383 00:19:20,000 --> 00:19:24,800 Speaker 1: can bless somebody and they it's just someone was doing 384 00:19:24,840 --> 00:19:25,479 Speaker 1: great work too. 385 00:19:25,560 --> 00:19:28,080 Speaker 3: That that's the thing you are so right, man, Angela. 386 00:19:28,280 --> 00:19:30,520 Speaker 3: You see so many dope people online, You see so 387 00:19:30,600 --> 00:19:33,040 Speaker 3: many dope people in various communities. 388 00:19:33,480 --> 00:19:36,440 Speaker 4: But to be able to do something about it, do something. 389 00:19:36,200 --> 00:19:38,919 Speaker 3: Positive about it is the thing that my wife and 390 00:19:38,960 --> 00:19:41,800 Speaker 3: I enjoy. And so sometimes we will see somebody. We 391 00:19:41,960 --> 00:19:44,320 Speaker 3: have a team to vet people, but sometimes we'll just 392 00:19:44,400 --> 00:19:47,320 Speaker 3: see somebody that was on your show, Like we gonna 393 00:19:47,320 --> 00:19:49,040 Speaker 3: pull up on an Urban League. I think you had 394 00:19:49,080 --> 00:19:51,560 Speaker 3: her up here. I like what I heard you guys 395 00:19:51,600 --> 00:19:52,560 Speaker 3: talking about. 396 00:19:52,680 --> 00:19:56,200 Speaker 4: That might be an example good you know what I'm saying. 397 00:19:56,240 --> 00:19:59,560 Speaker 3: And so it's that ability to see something and then 398 00:19:59,600 --> 00:20:01,800 Speaker 3: be able to do something in real time. 399 00:20:02,000 --> 00:20:04,000 Speaker 1: You know, you also posted a video asking you every 400 00:20:04,040 --> 00:20:07,719 Speaker 1: day people to share what they're going through financially and 401 00:20:07,760 --> 00:20:09,959 Speaker 1: it did go viral. What did you learn from some 402 00:20:10,000 --> 00:20:11,119 Speaker 1: of those real stories? 403 00:20:11,320 --> 00:20:11,600 Speaker 4: Man? 404 00:20:11,720 --> 00:20:13,760 Speaker 3: It's always good to keep a post on the people 405 00:20:14,080 --> 00:20:18,080 Speaker 3: and to hear because sometimes at our level you can 406 00:20:18,119 --> 00:20:20,680 Speaker 3: be a little bit removed from some of that day 407 00:20:20,720 --> 00:20:22,760 Speaker 3: to day struggle. And so I always love to touch 408 00:20:22,760 --> 00:20:26,119 Speaker 3: the people to hear just what some of the challenges are. 409 00:20:26,160 --> 00:20:29,080 Speaker 3: And it keeps me grounded, It keeps me angered in humility, 410 00:20:29,200 --> 00:20:32,639 Speaker 3: Angela in terms of like knowing, one, man, I gotta 411 00:20:32,680 --> 00:20:33,080 Speaker 3: do more. 412 00:20:33,359 --> 00:20:34,240 Speaker 4: People need help. 413 00:20:34,640 --> 00:20:37,800 Speaker 3: But two, it ain't all good for everybody, no matter 414 00:20:37,800 --> 00:20:41,720 Speaker 3: how we're making it look online. Yes, there's real people 415 00:20:41,720 --> 00:20:44,960 Speaker 3: out here struggling, and so it just makes me want 416 00:20:45,000 --> 00:20:47,720 Speaker 3: to be able to see how we can do more 417 00:20:47,760 --> 00:20:50,720 Speaker 3: for people and how we can be a blessing where 418 00:20:50,760 --> 00:20:51,199 Speaker 3: we can be. 419 00:20:51,480 --> 00:20:55,920 Speaker 1: I so only twenty five percent of Americans are financially secure, Yep, 420 00:20:56,359 --> 00:20:58,040 Speaker 1: that's crazy. 421 00:20:58,080 --> 00:21:02,520 Speaker 3: Absolutely, And that of itself tells you how there're one 422 00:21:02,680 --> 00:21:08,800 Speaker 3: emergency away there, one car breakdown away, there, one mispayment there, 423 00:21:08,840 --> 00:21:12,840 Speaker 3: one AI layoff. Seven thousand people at this job away 424 00:21:13,000 --> 00:21:16,840 Speaker 3: from again their life and their trajectory being totally different, 425 00:21:17,200 --> 00:21:19,240 Speaker 3: or being in a food stamp. Oh that even got 426 00:21:19,280 --> 00:21:20,399 Speaker 3: disrupted lately. 427 00:21:20,280 --> 00:21:22,480 Speaker 1: So that's about to run out because of. 428 00:21:22,400 --> 00:21:24,480 Speaker 4: The shutdownment shutdown absolutely. 429 00:21:24,520 --> 00:21:27,639 Speaker 3: So you see all of these different dynamics at play, 430 00:21:28,280 --> 00:21:31,359 Speaker 3: which shows you the struggle that our people are dealing with. 431 00:21:31,400 --> 00:21:32,920 Speaker 3: And so that's why we try to stand in the 432 00:21:32,960 --> 00:21:36,879 Speaker 3: gap to whether it's helping and supporting black women that 433 00:21:36,960 --> 00:21:41,119 Speaker 3: has been impacted by the DEI cuts, whether it's supporting 434 00:21:42,040 --> 00:21:45,600 Speaker 3: guys freshly home from prison trying to navigate, or athletes 435 00:21:45,760 --> 00:21:48,199 Speaker 3: who got cut and they're trying to figure out what 436 00:21:48,240 --> 00:21:49,840 Speaker 3: their next situation going to look like. 437 00:21:50,720 --> 00:21:52,600 Speaker 4: I always see a problem, and I'm trying to be 438 00:21:52,640 --> 00:21:53,120 Speaker 4: a solution. 439 00:21:53,359 --> 00:21:55,960 Speaker 1: When you say you're retired, though you guys are not retired, 440 00:21:56,000 --> 00:21:57,200 Speaker 1: I just want to put that out. 441 00:21:57,080 --> 00:22:02,760 Speaker 2: There, what you want to do. 442 00:22:02,800 --> 00:22:05,720 Speaker 3: That's the that's the blessing in it all. 443 00:22:06,760 --> 00:22:09,160 Speaker 2: Somebody said, my retirement is going to look a lot. 444 00:22:09,720 --> 00:22:13,159 Speaker 3: Somebody said, somebody said, y'all just retired from y'all corporate jobs. 445 00:22:13,240 --> 00:22:16,560 Speaker 1: That's what y'all did, transitioned into a different. 446 00:22:16,520 --> 00:22:21,760 Speaker 3: No, Angela, we we we retire. And it's been five years. 447 00:22:22,440 --> 00:22:26,520 Speaker 3: How time, man, How fast time go, but we retire 448 00:22:26,760 --> 00:22:28,040 Speaker 3: and check this out. 449 00:22:28,560 --> 00:22:32,720 Speaker 4: When all of that happened for us, we just was chilling. 450 00:22:33,280 --> 00:22:36,080 Speaker 3: But both of us are go getters. Like we we were, 451 00:22:36,160 --> 00:22:38,240 Speaker 3: like I said we were. We were the top people 452 00:22:38,280 --> 00:22:42,120 Speaker 3: in our respective institutions before retirement and stuff like that. 453 00:22:42,440 --> 00:22:45,960 Speaker 3: So what happened was we started telling our story on YouTube. 454 00:22:46,280 --> 00:22:47,840 Speaker 4: You know what I'm saying. Like my wife, she gets 455 00:22:47,880 --> 00:22:48,360 Speaker 4: busy in. 456 00:22:48,280 --> 00:22:52,359 Speaker 3: The kitchen, she cooks, she she she just a dope 457 00:22:52,400 --> 00:22:52,879 Speaker 3: all around. 458 00:22:53,040 --> 00:22:55,680 Speaker 1: Right after she brings into groceries and that she could. 459 00:22:56,320 --> 00:22:58,320 Speaker 4: I was a young I was a younger. That was 460 00:22:58,359 --> 00:23:01,840 Speaker 4: a young I was the young heir. 461 00:23:02,359 --> 00:23:05,240 Speaker 3: But no, we started telling her I was so look, 462 00:23:05,720 --> 00:23:08,640 Speaker 3: I worked in higher education for ten years. She used 463 00:23:08,680 --> 00:23:11,520 Speaker 3: to pack my she she's a dietician, so she eat healthy. 464 00:23:11,600 --> 00:23:14,359 Speaker 3: She cook healthy stuff, but it tastes real good. And 465 00:23:14,440 --> 00:23:17,120 Speaker 3: she would pack my lunch every day and I would 466 00:23:17,160 --> 00:23:21,639 Speaker 3: take my little lunch to school to work. And I 467 00:23:21,640 --> 00:23:24,439 Speaker 3: got on YouTube Angela and was telling the world like 468 00:23:25,160 --> 00:23:27,080 Speaker 3: this is how we put it down. I keep a 469 00:23:27,119 --> 00:23:29,359 Speaker 3: hat on, but underneath here I keep my hair butter 470 00:23:29,440 --> 00:23:29,880 Speaker 3: and all that. 471 00:23:29,880 --> 00:23:32,560 Speaker 1: Kind of stuff. So I cut my hairline. 472 00:23:33,280 --> 00:23:34,480 Speaker 4: Yeah, all of that. 473 00:23:34,880 --> 00:23:37,399 Speaker 3: So I look I cut my own hair. I'm saving 474 00:23:37,440 --> 00:23:41,040 Speaker 3: money there. I she packed my lunches. So I was 475 00:23:41,080 --> 00:23:43,760 Speaker 3: on YouTube telling people, man, this is how we became 476 00:23:43,840 --> 00:23:46,719 Speaker 3: in there, this is how we became that free. My 477 00:23:46,880 --> 00:23:50,880 Speaker 3: YouTube channel blew I had zero subscribers Angela my YouTube 478 00:23:50,920 --> 00:23:54,160 Speaker 3: channel blew up from us talking about that, and then 479 00:23:54,240 --> 00:23:57,400 Speaker 3: somebody in the comments was like, what you invest in, bro, 480 00:23:58,400 --> 00:24:01,199 Speaker 3: And I was like, man, I just mutual funds and 481 00:24:01,280 --> 00:24:04,280 Speaker 3: ETFs and index funds. 482 00:24:04,520 --> 00:24:08,600 Speaker 4: Stacey YouTube. 483 00:24:08,720 --> 00:24:12,439 Speaker 3: I went from zero subscribers to one thousand my birthday 484 00:24:12,520 --> 00:24:16,240 Speaker 3: Jane July seventeenth, it's all twenty twenty. I had zero subscribers. 485 00:24:16,240 --> 00:24:19,280 Speaker 3: I went to one thousand in June. My birthday July seventeenth, 486 00:24:19,359 --> 00:24:22,600 Speaker 3: I had ten thousand subscribers. Mind you guys, we debt free, 487 00:24:23,640 --> 00:24:26,199 Speaker 3: telling and doing all of this stuff. By the end 488 00:24:26,280 --> 00:24:30,560 Speaker 3: of the year, I had one hundred thousand subscribers. We 489 00:24:30,600 --> 00:24:34,919 Speaker 3: made two hundred thousand that year on YouTube. So magic 490 00:24:35,000 --> 00:24:39,080 Speaker 3: being debt free inded you get a free two hundred thousand. 491 00:24:39,000 --> 00:24:40,000 Speaker 4: Essentially on top of it. 492 00:24:40,200 --> 00:24:41,240 Speaker 1: You weren't even expected that. 493 00:24:41,320 --> 00:24:43,080 Speaker 4: One wasn't even expecting. 494 00:24:42,640 --> 00:24:44,840 Speaker 2: That was the stock market. Everybody was in love with 495 00:24:44,880 --> 00:24:47,240 Speaker 2: the stock market. Everybody wanted to invest in the stock 496 00:24:47,240 --> 00:24:50,560 Speaker 2: market twenty That's why so many people flocked to you. 497 00:24:51,200 --> 00:24:54,159 Speaker 2: But what I love about you have this hundred K 498 00:24:54,320 --> 00:24:55,280 Speaker 2: challenge coming up. 499 00:24:55,400 --> 00:24:55,880 Speaker 1: It's free. 500 00:24:56,160 --> 00:24:59,240 Speaker 2: He just it's free. It's amazing coming to different people. 501 00:24:59,400 --> 00:25:00,800 Speaker 2: You're not just talking about. 502 00:25:00,640 --> 00:25:02,320 Speaker 4: Stocks, absolutely, man. 503 00:25:02,359 --> 00:25:05,400 Speaker 3: I have a holistic approach to financial literacy to helping 504 00:25:05,440 --> 00:25:08,640 Speaker 3: people build wealth in the stock market. And that's from everything. 505 00:25:08,680 --> 00:25:11,520 Speaker 3: I need your financial foundation to be right, everything from 506 00:25:11,520 --> 00:25:12,800 Speaker 3: your ROTH to your RAID. 507 00:25:13,000 --> 00:25:15,880 Speaker 4: Your HSA which is a health savers account, down to. 508 00:25:15,880 --> 00:25:20,479 Speaker 3: Your money market accounts and how savings accounts. I'm getting 509 00:25:20,640 --> 00:25:24,240 Speaker 3: all of your stuff together, your debt, student, all the 510 00:25:24,280 --> 00:25:27,400 Speaker 3: stuff including then we get to the stocks. And so 511 00:25:27,440 --> 00:25:29,639 Speaker 3: the one hundred K Challenge is a free challenge I 512 00:25:29,680 --> 00:25:32,800 Speaker 3: do every year. It's a legendary initiative that we have 513 00:25:32,920 --> 00:25:35,520 Speaker 3: that people can participate in so I can teach them, 514 00:25:36,000 --> 00:25:38,919 Speaker 3: show them and walk alongside them to help them go 515 00:25:39,000 --> 00:25:42,600 Speaker 3: from zero to one hundred K. And so everybody joins 516 00:25:42,680 --> 00:25:45,639 Speaker 3: each and every year. Some people join at the beginning 517 00:25:45,680 --> 00:25:48,320 Speaker 3: of the year, some people join halfway through. But no 518 00:25:48,400 --> 00:25:51,600 Speaker 3: matter when you join, the lessons, the nuggets, the gems 519 00:25:51,640 --> 00:25:54,480 Speaker 3: that I'm dropping every day will help you get your money. 520 00:25:54,320 --> 00:25:56,160 Speaker 2: Right when you start on January first. 521 00:25:56,200 --> 00:25:59,400 Speaker 3: We start on January first, and I teach them everything 522 00:25:59,400 --> 00:26:04,600 Speaker 3: from how to invest, how to read a chart, how 523 00:26:04,640 --> 00:26:06,920 Speaker 3: to buy their first investment, how to put their money 524 00:26:06,920 --> 00:26:11,920 Speaker 3: on autopilot, just the nuances that still are not talked 525 00:26:11,920 --> 00:26:14,200 Speaker 3: about enough in our community, and still are things that 526 00:26:14,480 --> 00:26:17,159 Speaker 3: not enough of us are in engaged in at the 527 00:26:17,200 --> 00:26:18,600 Speaker 3: level we need to be engaged at. 528 00:26:18,800 --> 00:26:21,280 Speaker 2: What's the top thing you think people should be thinking about? 529 00:26:21,320 --> 00:26:24,200 Speaker 2: Giving this whole new economic reality we're in right now. 530 00:26:24,200 --> 00:26:26,880 Speaker 2: It's funny you and Angela were just talking about only 531 00:26:26,920 --> 00:26:30,240 Speaker 2: twenty five percent of the people feel financially secure. That's 532 00:26:30,480 --> 00:26:34,880 Speaker 2: the one our financial financially secure, that's the one percent 533 00:26:35,400 --> 00:26:38,520 Speaker 2: they're supporting fifty percent of this economy about that also 534 00:26:38,640 --> 00:26:42,720 Speaker 2: means we are one stock market crash away from a 535 00:26:42,760 --> 00:26:46,080 Speaker 2: complete complete depression. Yeah, what do you tell how do 536 00:26:46,160 --> 00:26:48,480 Speaker 2: you tell people to prop themselves up in this environment? 537 00:26:49,160 --> 00:26:49,400 Speaker 4: Man? 538 00:26:49,520 --> 00:26:52,199 Speaker 3: You have to always prepare for a rainy day, no 539 00:26:52,240 --> 00:26:54,280 Speaker 3: matter how good things are going. Matter of fact, when 540 00:26:54,320 --> 00:26:56,360 Speaker 3: the market is at all time highs like it is 541 00:26:56,400 --> 00:26:59,400 Speaker 3: today and right now, is it Yeah, this is when 542 00:26:59,440 --> 00:27:02,760 Speaker 3: you Apple just hit all time high today. But what 543 00:27:02,840 --> 00:27:06,960 Speaker 3: you have to do is be thinking about, Okay, everything 544 00:27:07,000 --> 00:27:08,120 Speaker 3: that go up must come down. 545 00:27:08,480 --> 00:27:10,520 Speaker 4: This don't last all ways, We're going to have a 546 00:27:10,560 --> 00:27:12,520 Speaker 4: twenty twenty two. We're gonna have a twenty twenty. 547 00:27:12,560 --> 00:27:16,200 Speaker 3: Again, may not be COVID, but those conditions will repeat themselves, 548 00:27:16,480 --> 00:27:18,480 Speaker 3: and so you want to be prepared for that. Matter 549 00:27:18,480 --> 00:27:20,480 Speaker 3: of fact, you want to have your dry powder ready, 550 00:27:20,720 --> 00:27:24,680 Speaker 3: which is cash on the sideline while the current things 551 00:27:24,720 --> 00:27:26,600 Speaker 3: you are investing in is continue to do with things 552 00:27:26,600 --> 00:27:29,080 Speaker 3: so when the market pool is back, you have money 553 00:27:29,080 --> 00:27:32,160 Speaker 3: readily available to go invest and buy assets while they're 554 00:27:32,160 --> 00:27:33,679 Speaker 3: low so they can go up. 555 00:27:33,720 --> 00:27:38,480 Speaker 1: And you're talking about diversification absolutely, and also thinking about 556 00:27:38,560 --> 00:27:40,280 Speaker 1: real estate, and I know we touched on that a 557 00:27:40,320 --> 00:27:43,040 Speaker 1: little bit, and I keep seeing so many people talking 558 00:27:43,040 --> 00:27:45,479 Speaker 1: about real estate. People are very nervous about you know, 559 00:27:45,480 --> 00:27:47,840 Speaker 1: people are waiting to see what's going to happen. They're 560 00:27:47,840 --> 00:27:50,560 Speaker 1: waiting for rates to go down. People are talking about 561 00:27:50,560 --> 00:27:53,400 Speaker 1: the cost of building, and then I see all these 562 00:27:53,440 --> 00:27:57,280 Speaker 1: like Guru saying why renting is better than buying and 563 00:27:57,320 --> 00:27:59,840 Speaker 1: things like that. So I definitely want to get what 564 00:28:00,119 --> 00:28:02,520 Speaker 1: your experience has been when it comes to real estate 565 00:28:02,560 --> 00:28:05,080 Speaker 1: and what you would say to people who are like, oh, 566 00:28:05,119 --> 00:28:07,520 Speaker 1: I don't think I even want to think about. 567 00:28:07,240 --> 00:28:11,320 Speaker 3: That, man, Angela be coming with it. Boy, let me 568 00:28:11,320 --> 00:28:13,840 Speaker 3: tell you all this. The stock market to me, is 569 00:28:13,880 --> 00:28:18,320 Speaker 3: a easier the barrier, the entry is a lot easier 570 00:28:18,359 --> 00:28:20,760 Speaker 3: to get in the stock market. When it comes to 571 00:28:20,840 --> 00:28:24,000 Speaker 3: real estate, my wife and I, I told you at 572 00:28:24,040 --> 00:28:27,000 Speaker 3: the beginning of this show, we own everything, houses, cars, 573 00:28:27,160 --> 00:28:32,359 Speaker 3: the whole nine Our house we paid six hundred. 574 00:28:32,440 --> 00:28:33,360 Speaker 4: Our house is paid off. 575 00:28:33,359 --> 00:28:36,560 Speaker 3: But when we had a mortgage, our house, which is 576 00:28:36,720 --> 00:28:39,880 Speaker 3: very nice, was six hundred dollars a month. This is 577 00:28:39,880 --> 00:28:42,600 Speaker 3: the power of how you build wealth. Imagine the people 578 00:28:42,640 --> 00:28:46,040 Speaker 3: that's paying rent twelve hundred eighteen hundred, two thousand to 579 00:28:46,120 --> 00:28:48,720 Speaker 3: something you don't even own. When we own a house 580 00:28:48,760 --> 00:28:51,360 Speaker 3: that we were paying six hundred dollars on and because 581 00:28:51,360 --> 00:28:54,240 Speaker 3: that payment, we just are are rent twelve hundred. Okay, 582 00:28:54,280 --> 00:28:56,480 Speaker 3: we gonna make two payments since that's what everybody else 583 00:28:56,560 --> 00:28:59,400 Speaker 3: is paying to get that paid off even quicker. I 584 00:28:59,440 --> 00:29:03,000 Speaker 3: think real estate and ownership is the way to go 585 00:29:03,280 --> 00:29:06,800 Speaker 3: in my personal estimation. But the stock market is even 586 00:29:06,840 --> 00:29:11,760 Speaker 3: an easier vehicle to build wealth and for wealth creation. 587 00:29:12,160 --> 00:29:16,840 Speaker 1: Yes both, that's diversification, certification, Yeah, that's what both of 588 00:29:16,880 --> 00:29:17,800 Speaker 1: you guys have spoke to. 589 00:29:17,880 --> 00:29:21,040 Speaker 3: So yeah, it's both, but the stock market would be first, 590 00:29:21,080 --> 00:29:24,320 Speaker 3: real estate will be second. Real estate offer the tax advantages. 591 00:29:24,400 --> 00:29:26,200 Speaker 3: That's why we need to be in real estate. Angela 592 00:29:26,240 --> 00:29:28,400 Speaker 3: does a great job with all the stuff she does 593 00:29:28,440 --> 00:29:31,200 Speaker 3: in Detroit and her real estate portfolio. 594 00:29:31,520 --> 00:29:34,600 Speaker 1: It definitely helped me with my y. Again, that building 595 00:29:34,760 --> 00:29:37,680 Speaker 1: definitely was a game changer when it comes as much, 596 00:29:37,720 --> 00:29:40,200 Speaker 1: but it is a lot more working effort. I do 597 00:29:40,280 --> 00:29:42,600 Speaker 1: want to say, like doing real estate, it's not let's 598 00:29:42,640 --> 00:29:45,000 Speaker 1: set it and go like I mean, depending on how 599 00:29:45,000 --> 00:29:47,120 Speaker 1: you do it, but it is effort that goes into 600 00:29:47,280 --> 00:29:52,000 Speaker 1: especially having great management. And then every day I'm getting 601 00:29:52,040 --> 00:29:56,200 Speaker 1: emails about, yeah, something that's happening, but we have management 602 00:29:56,200 --> 00:29:57,880 Speaker 1: that handles it. But at least I know what's going on. 603 00:29:58,480 --> 00:30:01,440 Speaker 2: But our community is comfortable with real estate. Yeah, because 604 00:30:01,480 --> 00:30:06,480 Speaker 2: we used to see tangible. 605 00:30:04,320 --> 00:30:05,320 Speaker 4: They can see it. Yep. 606 00:30:05,800 --> 00:30:10,920 Speaker 2: Our early messages were about home ownership, so my grandfathers 607 00:30:10,960 --> 00:30:12,720 Speaker 2: and stuff, you know, but get some land, get some 608 00:30:12,760 --> 00:30:14,000 Speaker 2: proper understandable. 609 00:30:14,320 --> 00:30:17,719 Speaker 1: How important is it having liquid cash or something that 610 00:30:17,760 --> 00:30:21,719 Speaker 1: you can like cash out quickly, because sometimes, especially with stocks, 611 00:30:21,720 --> 00:30:25,520 Speaker 1: it's not necessarily always right, something that you can access in. 612 00:30:25,520 --> 00:30:28,400 Speaker 2: On those little micro investing accounts, you still got to 613 00:30:28,400 --> 00:30:31,560 Speaker 2: wait for your five three to five, sometimes seven days 614 00:30:31,560 --> 00:30:32,760 Speaker 2: to get your money. 615 00:30:32,800 --> 00:30:36,960 Speaker 3: The stock Angela's on point having liquid cash. That's what 616 00:30:37,000 --> 00:30:39,680 Speaker 3: we pride ourselves. And we're My wife and I were 617 00:30:39,760 --> 00:30:41,320 Speaker 3: asset rich and liquid rich. 618 00:30:41,880 --> 00:30:43,040 Speaker 4: We got it both ways. 619 00:30:43,520 --> 00:30:46,720 Speaker 3: My thing is the stock market does allow you to 620 00:30:46,760 --> 00:30:49,280 Speaker 3: access that money relatively quickly, you know what I'm saying, 621 00:30:49,360 --> 00:30:52,080 Speaker 3: Versus like the selling of a house. If somebody put 622 00:30:52,120 --> 00:30:54,160 Speaker 3: their house on the market and nobody buy, you're still 623 00:30:54,200 --> 00:30:57,560 Speaker 3: waiting for that offer. With the stock market, I got, 624 00:30:57,880 --> 00:31:01,280 Speaker 3: I got a million dollars in that. If I needed 625 00:31:01,440 --> 00:31:04,040 Speaker 3: five hundred thousand of that, I can go take sell. 626 00:31:04,160 --> 00:31:06,960 Speaker 3: I can sell half of the shares to access five 627 00:31:07,080 --> 00:31:09,920 Speaker 3: hundred k of that million dollars that I got sitting 628 00:31:09,920 --> 00:31:10,480 Speaker 3: in Netflix. 629 00:31:10,520 --> 00:31:11,240 Speaker 4: Does that make sense? 630 00:31:11,360 --> 00:31:11,560 Speaker 2: Yeah? 631 00:31:11,600 --> 00:31:13,600 Speaker 1: No, And I also sell. You invested in fan Base, 632 00:31:14,360 --> 00:31:16,720 Speaker 1: So talk to me about fan base and what made 633 00:31:16,760 --> 00:31:17,600 Speaker 1: you decide to do that. 634 00:31:18,680 --> 00:31:22,720 Speaker 3: I'm an investor in general, I'm a sports and tech investor, 635 00:31:23,080 --> 00:31:27,520 Speaker 3: and fan base is a platform for social media and 636 00:31:27,600 --> 00:31:31,760 Speaker 3: I always want want to support us number one, number two. 637 00:31:32,400 --> 00:31:36,400 Speaker 3: I feel like we don't control our narrative. I know 638 00:31:36,600 --> 00:31:39,680 Speaker 3: I told you I get busy on YouTube, but imagine 639 00:31:39,720 --> 00:31:43,080 Speaker 3: having equity and ownership in something, and I think fan 640 00:31:43,160 --> 00:31:46,000 Speaker 3: base allows that. Now, I do think there's some work 641 00:31:46,000 --> 00:31:47,960 Speaker 3: that needs to be done on that ad. I would 642 00:31:48,000 --> 00:31:50,560 Speaker 3: love to see the Kisonnots of the world on those 643 00:31:50,600 --> 00:31:54,920 Speaker 3: app apps doing record numbers and being the first two 644 00:31:54,960 --> 00:31:58,320 Speaker 3: million subscribers or streamers on that type of thing. But 645 00:31:58,840 --> 00:32:03,800 Speaker 3: for me, it's important that we see us supporting us too. 646 00:32:03,840 --> 00:32:09,360 Speaker 3: Oftentimes I'm seeing black people tearing down black people on 647 00:32:09,400 --> 00:32:11,720 Speaker 3: social media, and you ain't gonna never get that from me. 648 00:32:11,840 --> 00:32:14,480 Speaker 3: I'm gonna big up everybody. I'm a love on everybody, and. 649 00:32:14,520 --> 00:32:16,360 Speaker 1: I'm gonna business. 650 00:32:16,440 --> 00:32:19,120 Speaker 3: I'm my business or invest or sow acced into what 651 00:32:19,120 --> 00:32:21,400 Speaker 3: you're doing, and I just want to leave by example. 652 00:32:21,720 --> 00:32:23,720 Speaker 3: And so that's all it was for fan base. I 653 00:32:23,800 --> 00:32:26,440 Speaker 3: invest in a lot of stuff. Some stuff is public, 654 00:32:27,040 --> 00:32:28,840 Speaker 3: some stuff you'll never know about. 655 00:32:29,000 --> 00:32:31,800 Speaker 1: But how risky would you say that is or how 656 00:32:32,080 --> 00:32:33,160 Speaker 1: lucrative has that been? 657 00:32:34,360 --> 00:32:38,160 Speaker 3: Those are what we call private equity type investments and Angela, 658 00:32:38,240 --> 00:32:40,560 Speaker 3: to be honest, you do it with the intent of 659 00:32:40,640 --> 00:32:42,880 Speaker 3: two things. You're gonna hold it for seven to ten 660 00:32:42,960 --> 00:32:46,000 Speaker 3: years and you may not get nothing. So you I 661 00:32:46,080 --> 00:32:48,040 Speaker 3: might lose all twenty five thousand of that that I 662 00:32:48,120 --> 00:32:51,479 Speaker 3: invested in fan base, or it might get bought out 663 00:32:51,480 --> 00:32:54,920 Speaker 3: by Facebook or another app, and I might turn twenty 664 00:32:54,920 --> 00:32:56,719 Speaker 3: five thousand into one million. 665 00:32:57,160 --> 00:32:59,280 Speaker 1: And so that's the risk, and then people would be 666 00:32:59,360 --> 00:33:02,200 Speaker 1: so mad at him. We rove to for this, and then. 667 00:33:03,640 --> 00:33:07,240 Speaker 2: I'm always gonna get. 668 00:33:08,680 --> 00:33:12,320 Speaker 1: Yeah, So well, how can people sign up for the challenge. 669 00:33:12,400 --> 00:33:14,320 Speaker 3: So if you sign up and you want to take 670 00:33:14,360 --> 00:33:16,840 Speaker 3: part in this year's hundred K challenge for twenty twenty six, 671 00:33:17,560 --> 00:33:20,000 Speaker 3: you go to Chris Saying dot com Slash one hundred 672 00:33:20,040 --> 00:33:23,240 Speaker 3: k Challenge. Everything that you want to be a part 673 00:33:23,280 --> 00:33:25,640 Speaker 3: of as it relates to investing in building wealth in 674 00:33:25,640 --> 00:33:29,400 Speaker 3: the stock market will be on my website Chrissaye dot com. 675 00:33:29,560 --> 00:33:32,160 Speaker 3: But the one hundred K challenge will be Slash one 676 00:33:32,240 --> 00:33:33,600 Speaker 3: hundred K Challenge. 677 00:33:33,240 --> 00:33:34,840 Speaker 2: And you're gonna come back in January. 678 00:33:35,640 --> 00:33:37,959 Speaker 3: I'm looking forward to it. Yes, I'm looking forward to it. 679 00:33:38,000 --> 00:33:41,120 Speaker 3: I want to launch it. I want as many people 680 00:33:41,280 --> 00:33:44,760 Speaker 3: as possible to take advantage of their financial future, and 681 00:33:44,800 --> 00:33:48,640 Speaker 3: it starts with you making that first decision to invest. 682 00:33:49,840 --> 00:33:53,120 Speaker 1: Chris Sane I know you've got another book you're working on. 683 00:33:53,520 --> 00:33:56,200 Speaker 4: Yeah, man, I am, I said, Adventures. 684 00:33:55,760 --> 00:33:57,120 Speaker 2: Of Angela and Stacey. 685 00:33:57,080 --> 00:33:59,959 Speaker 4: Yeah, I am. I'm working on them. 686 00:34:00,000 --> 00:34:02,560 Speaker 3: I'm working on another book just because I need to 687 00:34:02,680 --> 00:34:03,520 Speaker 3: update my life. 688 00:34:03,560 --> 00:34:05,920 Speaker 4: I wrote a memoir about my life when I was young. 689 00:34:06,560 --> 00:34:08,719 Speaker 4: It stopped at twenty seven, it stopped at twenty. 690 00:34:08,440 --> 00:34:10,920 Speaker 3: Second, and I'm doing so much stuff from then to 691 00:34:11,040 --> 00:34:14,600 Speaker 3: now that I think others would be interested in knowing about. 692 00:34:14,719 --> 00:34:16,680 Speaker 2: Is it going to be in the same book department 693 00:34:16,760 --> 00:34:17,799 Speaker 2: and category the. 694 00:34:17,800 --> 00:34:20,640 Speaker 3: Second Yeah, it might be in a financial space, but 695 00:34:20,800 --> 00:34:24,279 Speaker 3: it'll still it'll still have that autobiography feel to it. 696 00:34:24,520 --> 00:34:26,680 Speaker 2: Okay, we love all the things. 697 00:34:26,760 --> 00:34:36,959 Speaker 1: Yes, it can be called smart athlete. 698 00:34:33,920 --> 00:34:37,680 Speaker 2: Like that an hour. 699 00:34:39,040 --> 00:34:41,040 Speaker 4: Power technology. 700 00:34:41,080 --> 00:34:43,320 Speaker 2: Well, thank you so much for coming to Wealth Wednesdays. 701 00:34:43,360 --> 00:34:46,839 Speaker 2: And everybody followed Chris on Instagram, Instagram, It's just at 702 00:34:46,920 --> 00:34:50,560 Speaker 2: Chris Sane yep. And if you go to Wealth Wednesday's 703 00:34:50,600 --> 00:34:54,000 Speaker 2: newsletter Teamwealth Wednesdays dot com, guess who is our feature 704 00:34:54,080 --> 00:34:58,480 Speaker 2: this week? We have a special mister Christine. Happy Wealth Wednesdays. 705 00:34:58,480 --> 00:34:58,920 Speaker 1: Everybody. 706 00:34:58,920 --> 00:34:59,840 Speaker 4: Thank y'all for having me. 707 00:35:00,000 --> 00:35:00,319 Speaker 1: Thank you