1
00:00:00,520 --> 00:00:01,920
Speaker 1: Hey, hey, hey ba fam.

2
00:00:02,000 --> 00:00:06,400
Speaker 2: Please follow us on Apple Podcasts and keep our audience growing.

3
00:00:06,880 --> 00:00:12,040
Speaker 2: If your iPhone recently updated to iOS fourteen point five,

4
00:00:12,360 --> 00:00:16,160
Speaker 2: head to Apple Podcasts, search for Brown Ambition and click

5
00:00:16,280 --> 00:00:19,400
Speaker 2: on the plus button in the upper right hand corner.

6
00:00:20,040 --> 00:00:23,200
Speaker 2: Do that and you'll be following our show Loop Loop.

7
00:00:23,480 --> 00:00:27,680
Speaker 2: You can also follow us on Spotify, on Stitcher, or

8
00:00:27,880 --> 00:00:30,840
Speaker 2: on the Amazon Music app. You would not do all that,

9
00:00:31,040 --> 00:00:32,720
Speaker 2: you know, if you had to Android, but you know Apple,

10
00:00:32,760 --> 00:00:36,480
Speaker 2: that's fine. It's fine. And now onto our show.

11
00:00:52,040 --> 00:00:55,680
Speaker 3: Hey ba fam, Mandy. Here we continue this week with

12
00:00:55,840 --> 00:00:59,240
Speaker 3: our summer co host series. And I have to tell you, guys,

13
00:00:59,360 --> 00:01:02,959
Speaker 3: I have had the biggest social media crush on this

14
00:01:03,040 --> 00:01:06,679
Speaker 3: woman ever since I discovered her page and ig earlier

15
00:01:06,720 --> 00:01:10,160
Speaker 3: this year. And they say, don't ever meet your sheroes

16
00:01:10,240 --> 00:01:13,600
Speaker 3: because you may be disappointed. But this was such a

17
00:01:13,640 --> 00:01:16,880
Speaker 3: delightful conversation. You guys are going to laugh, you are

18
00:01:16,880 --> 00:01:20,120
Speaker 3: going to be inspired, and you are going to go

19
00:01:20,440 --> 00:01:24,280
Speaker 3: follow at hay Burna on all social media channels because

20
00:01:24,319 --> 00:01:26,640
Speaker 3: you are going to love her, I hope as much

21
00:01:26,680 --> 00:01:29,199
Speaker 3: as I do. So let me get to the point

22
00:01:29,240 --> 00:01:32,880
Speaker 3: here and introduce today's guest co host, her name is

23
00:01:32,920 --> 00:01:37,160
Speaker 3: Berna Annette. Berna is an award winning financial hype woman.

24
00:01:37,560 --> 00:01:41,000
Speaker 3: Yes that is a title, Let's manifest it, which is

25
00:01:41,080 --> 00:01:43,800
Speaker 3: basically her made up way of saying that she creates

26
00:01:43,840 --> 00:01:47,480
Speaker 3: financial education media that lives at at hay Burna all

27
00:01:47,520 --> 00:01:51,680
Speaker 3: over the Internet. After Berna slayed her fifty thousand dollars

28
00:01:51,800 --> 00:01:54,600
Speaker 3: of debt, she saved up to quit life and has

29
00:01:54,640 --> 00:01:57,360
Speaker 3: been traveling the world trying to make money fun again

30
00:01:57,480 --> 00:02:01,440
Speaker 3: ever since. Berna is actually joining us today despite the

31
00:02:01,480 --> 00:02:03,800
Speaker 3: fact that she is in what she calls a book

32
00:02:03,800 --> 00:02:07,160
Speaker 3: writing cave. Yeah, she is working on her very first book,

33
00:02:07,480 --> 00:02:11,840
Speaker 3: fourteens and young adults about slaying their own personal finance challenges.

34
00:02:12,280 --> 00:02:13,840
Speaker 3: I am thrilled, So let me get out of the

35
00:02:13,880 --> 00:02:17,320
Speaker 3: way of myself and get to this interview. Here is

36
00:02:17,400 --> 00:02:23,720
Speaker 3: your co host for the week, Berna Annatt. Hey, Berna, Hi, Mandy, this.

37
00:02:23,600 --> 00:02:26,520
Speaker 1: Is so wild, Like I feel the same.

38
00:02:26,639 --> 00:02:29,760
Speaker 4: I mean, Brown Ambition was my first favorite financial podcast.

39
00:02:29,800 --> 00:02:32,040
Speaker 4: It still is. It's still the one that I recommend

40
00:02:32,040 --> 00:02:34,679
Speaker 4: to people. And people are like, what's your most You're fit.

41
00:02:34,880 --> 00:02:37,040
Speaker 4: I'm like, everyone's just stop talking. It's brand Ambition and

42
00:02:37,040 --> 00:02:38,720
Speaker 4: that's the end of the sentence. And so it's so

43
00:02:38,880 --> 00:02:42,200
Speaker 4: wild that like, eventually, in a couple of days, I'll

44
00:02:42,200 --> 00:02:44,600
Speaker 4: be hearing my voice. You just said my voice. That's

45
00:02:44,639 --> 00:02:46,919
Speaker 4: so wild. I'm so, so so honored to be here.

46
00:02:47,360 --> 00:02:50,919
Speaker 3: Well, hey, Berna, so Berna, you describe yourself as a

47
00:02:51,160 --> 00:02:54,600
Speaker 3: financial hype woman, which I'm so jealous of because that

48
00:02:54,639 --> 00:02:57,960
Speaker 3: has got to be the best title in the history

49
00:02:58,000 --> 00:03:01,000
Speaker 3: of personal influencers. What do you mean when you say

50
00:03:01,000 --> 00:03:02,399
Speaker 3: you're a hype woman? What does that mean?

51
00:03:02,880 --> 00:03:05,120
Speaker 4: Oh, my gosh, that's completely made up, first of all,

52
00:03:05,160 --> 00:03:08,360
Speaker 4: and so that should be just inspiration to anyone of

53
00:03:08,400 --> 00:03:11,520
Speaker 4: any age that you can totally make up your job

54
00:03:11,760 --> 00:03:13,200
Speaker 4: and just kind of if you bring it and fake

55
00:03:13,200 --> 00:03:15,480
Speaker 4: it till you make it, eventually cool people will ask

56
00:03:15,520 --> 00:03:17,320
Speaker 4: you to be on their podcast and they'll they'll say

57
00:03:17,320 --> 00:03:18,720
Speaker 4: the words, even if you just made it.

58
00:03:18,760 --> 00:03:22,239
Speaker 1: Up, it's a career, And suddenly it's a career.

59
00:03:22,320 --> 00:03:24,919
Speaker 4: It very difficult to explain to my immigrant parents what

60
00:03:24,960 --> 00:03:27,120
Speaker 4: that is, so they just think I work in money

61
00:03:27,120 --> 00:03:30,639
Speaker 4: and communications. But financial hype woman is something I made

62
00:03:30,720 --> 00:03:33,760
Speaker 4: up a few years ago because hype is one of

63
00:03:33,800 --> 00:03:36,280
Speaker 4: the things I thought was missing from the financial world.

64
00:03:37,000 --> 00:03:38,560
Speaker 1: So that's one reason I was like, I want more.

65
00:03:38,640 --> 00:03:40,600
Speaker 4: I want there to be more joy, more hype, and

66
00:03:40,640 --> 00:03:45,440
Speaker 4: by hype, I mean energy, happiness, excitement, especially like there

67
00:03:45,600 --> 00:03:48,840
Speaker 4: are no trumpets or foghorns that play when you do

68
00:03:48,880 --> 00:03:51,360
Speaker 4: exciting financial things. A lot of these things that we

69
00:03:51,400 --> 00:03:54,360
Speaker 4: do in our financial lives typically happen in like a dark,

70
00:03:54,520 --> 00:03:57,720
Speaker 4: sad corner of the internet, or like us hunched over

71
00:03:57,760 --> 00:03:59,720
Speaker 4: our phones. And so I wanted to bring hype and

72
00:04:00,280 --> 00:04:02,960
Speaker 4: excitement so you feel encouraged to do things. And if

73
00:04:03,000 --> 00:04:05,160
Speaker 4: you think about a high woman on stage, typically a

74
00:04:05,280 --> 00:04:09,760
Speaker 4: high person on stage, they are behind the main performer

75
00:04:09,880 --> 00:04:12,280
Speaker 4: or rapper or singer, and they're just like they're the

76
00:04:12,320 --> 00:04:15,160
Speaker 4: person that's just bringing the energy while the artistic person's

77
00:04:15,200 --> 00:04:17,960
Speaker 4: doing the art. And that's how I want people to

78
00:04:19,040 --> 00:04:21,240
Speaker 4: envision me in their financial lives. Like you're the one

79
00:04:22,000 --> 00:04:24,440
Speaker 4: in the front seat of your financial life. You're doing

80
00:04:24,480 --> 00:04:26,800
Speaker 4: the earning and the paying and the bill paying and

81
00:04:26,839 --> 00:04:28,880
Speaker 4: the goals. And I just want people to imagine me

82
00:04:28,880 --> 00:04:31,599
Speaker 4: in the back, like you're just like repeating things and

83
00:04:31,720 --> 00:04:34,159
Speaker 4: dancing behind you in the back, like I'm keeping your

84
00:04:34,279 --> 00:04:36,960
Speaker 4: energy yup, Like my purpose is to keep your energy up.

85
00:04:36,960 --> 00:04:39,200
Speaker 1: And that's what I want to bring to the money world.

86
00:04:39,279 --> 00:04:40,880
Speaker 3: I don't know how you have the stamina to do

87
00:04:40,920 --> 00:04:43,160
Speaker 3: what you do on Instagram. If you guys don't follow Berna,

88
00:04:43,240 --> 00:04:45,000
Speaker 3: you have to go to at hey Berna on ig.

89
00:04:45,560 --> 00:04:49,400
Speaker 3: I mean your comedic, your physical comedy is something truly

90
00:04:49,480 --> 00:04:53,000
Speaker 3: special and the time, cause I know it's not always

91
00:04:53,000 --> 00:04:56,000
Speaker 3: easy to you can be funny, but you tell stories

92
00:04:56,000 --> 00:04:58,760
Speaker 3: with your humor, and you have a whole there's like

93
00:04:58,760 --> 00:05:01,159
Speaker 3: a beginning, middle, and end to your Instagram content. And

94
00:05:01,240 --> 00:05:03,440
Speaker 3: I know how much time and energy and thought must

95
00:05:03,440 --> 00:05:06,039
Speaker 3: go into it. It is quite effective.

96
00:05:06,360 --> 00:05:08,359
Speaker 1: My thank you, thank you so much.

97
00:05:08,440 --> 00:05:11,160
Speaker 4: I found out that people really like it when I shake,

98
00:05:11,240 --> 00:05:15,400
Speaker 4: I shake something for their financial wins, do a little

99
00:05:15,400 --> 00:05:17,920
Speaker 4: bout chirking with what I got, which is not a ton,

100
00:05:18,040 --> 00:05:20,839
Speaker 4: but I think people appreciate the effort. I know all

101
00:05:20,880 --> 00:05:24,119
Speaker 4: of my you and all of my other Internet creators

102
00:05:24,160 --> 00:05:26,240
Speaker 4: out there understand that, like you have to sort of

103
00:05:26,279 --> 00:05:28,039
Speaker 4: try out a bunch of different things and a bunch

104
00:05:28,040 --> 00:05:30,320
Speaker 4: of different approaches to find what hits with your audience.

105
00:05:30,880 --> 00:05:33,520
Speaker 1: And people love it when I.

106
00:05:33,279 --> 00:05:35,440
Speaker 4: Make up dance move so their financial wins and so

107
00:05:35,480 --> 00:05:37,480
Speaker 4: that's probably the most entertaining thing you'll see on their

108
00:05:37,920 --> 00:05:40,719
Speaker 4: aside from other like storytelling and videos and things like that.

109
00:05:40,760 --> 00:05:42,719
Speaker 1: I like to move. I like to bring the bodily

110
00:05:42,800 --> 00:05:43,520
Speaker 1: energy into it.

111
00:05:43,839 --> 00:05:46,360
Speaker 3: I'm getting older now, I'm just wondering, have you ever

112
00:05:46,400 --> 00:05:48,400
Speaker 3: like thrown it back out a back like you have

113
00:05:48,440 --> 00:05:50,800
Speaker 3: more than one thrown anything out first to something.

114
00:05:51,760 --> 00:05:53,200
Speaker 1: I'm approaching that for sure.

115
00:05:53,640 --> 00:05:56,880
Speaker 4: I will, especially on weeks where I'm like, I haven't

116
00:05:56,880 --> 00:05:58,760
Speaker 4: worked out for a long time, which, mind you, is

117
00:05:58,800 --> 00:06:02,520
Speaker 4: most weeks. I'll do like my Friday financial wins, and

118
00:06:02,600 --> 00:06:04,880
Speaker 4: all week and long, I'm like, I am so sore

119
00:06:05,040 --> 00:06:07,520
Speaker 4: my thighs, my legs, my knees, like I try to

120
00:06:07,520 --> 00:06:11,039
Speaker 4: do the Meg the Stallion knee kind of tricks and

121
00:06:11,080 --> 00:06:13,520
Speaker 4: what you see on camera, I look like I know

122
00:06:13,520 --> 00:06:15,520
Speaker 4: what I'm doing, but no that immediately after that fifteen

123
00:06:15,520 --> 00:06:16,880
Speaker 4: seconds cuts out, I'm on the floor.

124
00:06:17,600 --> 00:06:19,240
Speaker 1: It's all for It's all for you. You know, it's

125
00:06:19,240 --> 00:06:20,000
Speaker 1: all for the the.

126
00:06:19,960 --> 00:06:23,160
Speaker 3: Audience, don't don't. I mean, leg Day is very important.

127
00:06:23,800 --> 00:06:27,800
Speaker 3: Meghan the Stallions an athlete. Don't tell me nothing any differently, Okay,

128
00:06:27,839 --> 00:06:31,840
Speaker 3: athlete truly and truly. And we have been obsessed with

129
00:06:31,880 --> 00:06:35,960
Speaker 3: her latest song, what's it called thought Something? My son loves? Wow,

130
00:06:36,440 --> 00:06:39,200
Speaker 3: my son loves to dance. When that song came on YouTube,

131
00:06:39,240 --> 00:06:40,680
Speaker 3: I mean, I don't know how appropriate it was for

132
00:06:40,800 --> 00:06:44,400
Speaker 3: he wasn't paying attention to the pictures, but he and

133
00:06:44,480 --> 00:06:46,719
Speaker 3: I got down. He loves to tork. He's such a

134
00:06:46,720 --> 00:06:47,720
Speaker 3: cute little show off.

135
00:06:48,240 --> 00:06:50,800
Speaker 4: Good it's leg she's leg day insfo and she's full

136
00:06:50,800 --> 00:06:53,200
Speaker 4: body inso for anybody. But I think everyone's now paying

137
00:06:53,240 --> 00:06:55,040
Speaker 4: so much more attention to what their knees than thighs

138
00:06:55,040 --> 00:06:57,919
Speaker 4: can do and admiring their bodies for doing those things

139
00:06:58,160 --> 00:07:00,760
Speaker 4: because of Megan the Stallion, Like she just revolutionize the

140
00:07:00,760 --> 00:07:02,240
Speaker 4: way I look at my knees for sure.

141
00:07:02,720 --> 00:07:04,600
Speaker 3: Yeah, I mean as someone who grew up. I mean

142
00:07:04,640 --> 00:07:06,920
Speaker 3: I'm biracial. My mom is white, and I've told her

143
00:07:06,920 --> 00:07:09,000
Speaker 3: this before. She knows and she might actually be listening

144
00:07:09,040 --> 00:07:11,520
Speaker 3: to the podcast, So yay, mom, I'm talking about you again.

145
00:07:12,000 --> 00:07:14,240
Speaker 3: But there were times when I was younger where she

146
00:07:14,280 --> 00:07:16,800
Speaker 3: would say, like, do you really want to work out?

147
00:07:16,840 --> 00:07:19,520
Speaker 3: Your thighs are already? You know you've got the thighs

148
00:07:19,560 --> 00:07:21,240
Speaker 3: and you know you don't want them to get bigger?

149
00:07:21,280 --> 00:07:24,080
Speaker 3: Do you meet? But that's the beauty standard, right, I'm

150
00:07:24,120 --> 00:07:26,200
Speaker 3: not trying to make this an episode about body image,

151
00:07:26,200 --> 00:07:29,040
Speaker 3: but shout out to shout out to anyone trying to

152
00:07:29,080 --> 00:07:33,040
Speaker 3: break norms and make us thick girls, you know, just

153
00:07:33,200 --> 00:07:35,160
Speaker 3: feel like we don't have to change a damn thing,

154
00:07:35,440 --> 00:07:35,960
Speaker 3: you know what I mean?

155
00:07:36,080 --> 00:07:38,640
Speaker 4: Absolutely not only do not have to change it, but

156
00:07:39,040 --> 00:07:41,240
Speaker 4: you can embrace it and shake it and show off

157
00:07:41,280 --> 00:07:43,040
Speaker 4: what it is capable of. And that's something that people

158
00:07:43,080 --> 00:07:44,840
Speaker 4: can look at and be like, wait, mine can do

159
00:07:44,880 --> 00:07:46,520
Speaker 4: that too, We can do that, we can go outside

160
00:07:46,520 --> 00:07:46,960
Speaker 4: and do that.

161
00:07:47,440 --> 00:07:49,600
Speaker 1: Absolutely, it just like turned it, It turned it all on.

162
00:07:49,760 --> 00:07:53,200
Speaker 4: I mean, what I love to see is like Meg

163
00:07:53,200 --> 00:07:55,160
Speaker 4: thee Stallion and every other performer out there being like,

164
00:07:55,240 --> 00:07:57,280
Speaker 4: look what my knees on my butt can do, and

165
00:07:57,440 --> 00:07:59,840
Speaker 4: people just like bowing down to her in the comments

166
00:08:00,120 --> 00:08:04,120
Speaker 4: being like not only incredible lyricsist, rapper performer, but like

167
00:08:04,880 --> 00:08:07,280
Speaker 4: she has to be putting extra work behind her.

168
00:08:07,160 --> 00:08:08,120
Speaker 1: Thighs and her legs.

169
00:08:08,240 --> 00:08:11,000
Speaker 4: And then we're so much more appreciative of the muscle

170
00:08:11,320 --> 00:08:14,040
Speaker 4: of the curve of everything that's there because I'm like,

171
00:08:14,040 --> 00:08:16,239
Speaker 4: if I have more, I can shake more and mixes.

172
00:08:16,280 --> 00:08:16,880
Speaker 1: It's a good thing.

173
00:08:17,000 --> 00:08:19,160
Speaker 3: So and it's the work behind it. And I think

174
00:08:19,200 --> 00:08:21,200
Speaker 3: what attracts me to your work so much and what

175
00:08:21,240 --> 00:08:23,040
Speaker 3: I try to what I try to think about in

176
00:08:23,040 --> 00:08:26,040
Speaker 3: my own content or my own you know, just being

177
00:08:26,040 --> 00:08:29,000
Speaker 3: myself on social media is I just love people who

178
00:08:29,080 --> 00:08:32,720
Speaker 3: are not afraid to be silly, not afraid to put

179
00:08:32,720 --> 00:08:35,840
Speaker 3: themselves out there, not afraid to not take themselves so seriously,

180
00:08:36,320 --> 00:08:38,760
Speaker 3: but who still do the work. And I do feel like,

181
00:08:38,880 --> 00:08:41,000
Speaker 3: especially in the personal finance where all they're in you know,

182
00:08:41,480 --> 00:08:45,160
Speaker 3: corporate America, when you talk about finance, it's often a

183
00:08:45,360 --> 00:08:47,120
Speaker 3: you feel like you need to put on a different

184
00:08:47,120 --> 00:08:49,400
Speaker 3: hat or use a different voice or like code switch

185
00:08:49,760 --> 00:08:52,000
Speaker 3: to have those conversations. But I think what's so amazing

186
00:08:52,040 --> 00:08:55,160
Speaker 3: about what you do is by being so approachable, by

187
00:08:55,160 --> 00:09:00,520
Speaker 3: being so lovable and so freaking entertaining your immediately showing

188
00:09:00,559 --> 00:09:03,280
Speaker 3: people this doesn't have to be all serious and doom

189
00:09:03,320 --> 00:09:06,560
Speaker 3: and gloom like it can be hilarious. We can laugh

190
00:09:06,600 --> 00:09:08,880
Speaker 3: at it, we can say the things, we can talk

191
00:09:08,920 --> 00:09:11,160
Speaker 3: about our debt, and then we can twork about it

192
00:09:11,160 --> 00:09:12,439
Speaker 3: and we can do the work at the end of

193
00:09:12,480 --> 00:09:12,800
Speaker 3: the day.

194
00:09:13,640 --> 00:09:16,600
Speaker 4: Yes, absolutely, for people like me who' by that I

195
00:09:16,679 --> 00:09:19,160
Speaker 4: mean people who are basically like fifteen to seventeen years

196
00:09:19,160 --> 00:09:21,680
Speaker 4: old in the inside and always will be, it has

197
00:09:21,760 --> 00:09:24,360
Speaker 4: to be hilarious. It has to be funny or else

198
00:09:24,400 --> 00:09:26,440
Speaker 4: it just it won't go down the same way. You know,

199
00:09:26,559 --> 00:09:29,000
Speaker 4: we know all the books and the podcasts and the

200
00:09:29,040 --> 00:09:31,960
Speaker 4: blogs that spell it out and have all the information,

201
00:09:32,640 --> 00:09:36,280
Speaker 4: but I found myself needing to translate those things for myself.

202
00:09:36,320 --> 00:09:38,240
Speaker 1: Like when I was learning how to get out of

203
00:09:38,240 --> 00:09:39,040
Speaker 1: debt and reading.

204
00:09:38,840 --> 00:09:42,400
Speaker 4: The books and all the things, I found myself literally going, Okay,

205
00:09:42,559 --> 00:09:44,600
Speaker 4: what they mean by that sentence is if you just

206
00:09:44,600 --> 00:09:46,120
Speaker 4: like put your booty on the thing and you roll

207
00:09:46,160 --> 00:09:46,800
Speaker 4: it around, it's like.

208
00:09:46,720 --> 00:09:47,720
Speaker 1: When you're on the dance floor.

209
00:09:47,880 --> 00:09:50,679
Speaker 4: Like translating it into everyday stupid thing so that I

210
00:09:50,720 --> 00:09:53,599
Speaker 4: could understand it. And then I realized I can't be

211
00:09:53,640 --> 00:09:55,200
Speaker 4: the only one whose brain works like this. If I

212
00:09:55,200 --> 00:09:57,480
Speaker 4: start sharing it, maybe people are into it. And I

213
00:09:57,520 --> 00:09:59,520
Speaker 4: found that there's a space for that. There's a space

214
00:09:59,559 --> 00:10:02,080
Speaker 4: for the serio stuff, but there's also a space for

215
00:10:02,200 --> 00:10:05,040
Speaker 4: us in our children who like need to play with

216
00:10:05,120 --> 00:10:07,080
Speaker 4: money in order to really connect with it.

217
00:10:07,400 --> 00:10:10,520
Speaker 3: Yeah, well, talk to me about your background financially. I mean,

218
00:10:10,559 --> 00:10:12,960
Speaker 3: I know you had some credit card debt, some student

219
00:10:13,000 --> 00:10:16,679
Speaker 3: loan debt, not unlike most millennials. I'm assuming you're a millennial.

220
00:10:16,679 --> 00:10:18,360
Speaker 3: Maybe you're as a millennial. I don't know.

221
00:10:18,559 --> 00:10:21,360
Speaker 4: I'm a think I'm like borderline millennial as allennial. Someone

222
00:10:21,360 --> 00:10:23,079
Speaker 4: told called me Jerry Actric the other day. I was like,

223
00:10:23,120 --> 00:10:24,160
Speaker 4: you know, whatever it is.

224
00:10:24,120 --> 00:10:28,720
Speaker 3: I'm still I think I'm actually a Jeriactric millennial, which,

225
00:10:28,800 --> 00:10:30,720
Speaker 3: you know, whatever, I'll take it. But talk to me

226
00:10:30,760 --> 00:10:32,600
Speaker 3: about your journey. When did it start for you? You

227
00:10:32,600 --> 00:10:35,640
Speaker 3: were at Instagram before. You've been producing and doing entertainment

228
00:10:35,720 --> 00:10:38,680
Speaker 3: media for a while, right, So everyone's got that moment

229
00:10:38,760 --> 00:10:42,000
Speaker 3: when they say I want to make this my life's

230
00:10:42,040 --> 00:10:44,960
Speaker 3: work to talk about money and educate people. What was

231
00:10:44,960 --> 00:10:45,640
Speaker 3: that like for you?

232
00:10:46,559 --> 00:10:47,400
Speaker 1: Yes, Oh my gosh.

233
00:10:47,400 --> 00:10:50,079
Speaker 4: So I've been in kind of media my entire life.

234
00:10:50,120 --> 00:10:51,680
Speaker 4: I grew up wanting to be a writer. I wanted

235
00:10:51,720 --> 00:10:54,000
Speaker 4: to be the editor in chief of a magazine, and

236
00:10:54,040 --> 00:10:56,679
Speaker 4: I like moved, you know, graduated from a journalism school

237
00:10:56,679 --> 00:10:59,040
Speaker 4: and I moved to New York and I internet a magazine.

238
00:10:59,280 --> 00:11:03,120
Speaker 4: Hated it, hated it with a capital age. Still, though,

239
00:11:03,160 --> 00:11:06,280
Speaker 4: you know, you find yourself postgraduation, especially.

240
00:11:06,000 --> 00:11:07,040
Speaker 1: In journalism and media.

241
00:11:07,120 --> 00:11:11,440
Speaker 4: You're young, you're doing internships, broke as heck, and I

242
00:11:11,480 --> 00:11:13,760
Speaker 4: found myself a couple of years of being freelance after

243
00:11:13,840 --> 00:11:17,920
Speaker 4: leaving magazines, twelve thousand dollars in credit card debt and

244
00:11:18,040 --> 00:11:21,880
Speaker 4: thirty eight thousand dollars about forty thousand dollars in student

245
00:11:22,160 --> 00:11:26,760
Speaker 4: loan debt, and I had sort of always written off

246
00:11:26,800 --> 00:11:29,480
Speaker 4: the excuse that, like, you know, I'm freelance, I'm in journalism,

247
00:11:29,559 --> 00:11:31,160
Speaker 4: I'm broke, I'm young, I don't have to get my

248
00:11:31,160 --> 00:11:33,720
Speaker 4: stuff together. What was really behind that was like a

249
00:11:33,840 --> 00:11:36,920
Speaker 4: lot of fear, a lot of shame, never wanting to

250
00:11:36,960 --> 00:11:39,800
Speaker 4: admit how much debt I had, and never wanting to

251
00:11:39,880 --> 00:11:43,200
Speaker 4: look my debt in the eye. And basically, you know,

252
00:11:43,440 --> 00:11:45,520
Speaker 4: I did end up getting a job at Instagram, moving

253
00:11:45,520 --> 00:11:48,040
Speaker 4: back to the Bay Area where I'm from, and that

254
00:11:48,160 --> 00:11:51,000
Speaker 4: was maybe a half step where I was like, Okay, okay,

255
00:11:51,200 --> 00:11:53,800
Speaker 4: I'm starting to get money every other Friday, which is

256
00:11:53,800 --> 00:11:55,400
Speaker 4: like what I think, it's an adult thing to do.

257
00:11:55,960 --> 00:11:58,240
Speaker 4: And now this feels like God being like you no

258
00:11:58,280 --> 00:12:00,880
Speaker 4: longer have no excuse to budget. I'm giving you money

259
00:12:00,920 --> 00:12:01,840
Speaker 4: every other Friday.

260
00:12:02,360 --> 00:12:02,920
Speaker 1: Do the thing.

261
00:12:03,720 --> 00:12:07,400
Speaker 4: Think, Hey, I hit the Googles. Because you know, growing

262
00:12:07,480 --> 00:12:12,679
Speaker 4: up again first gen immigrant child of immigrants from the Philippines,

263
00:12:13,320 --> 00:12:15,800
Speaker 4: they taught me very little about money taught me lots

264
00:12:15,800 --> 00:12:18,160
Speaker 4: about like our culture and everything, but very little about money.

265
00:12:18,160 --> 00:12:19,920
Speaker 4: And so everything I learned about money, I had to

266
00:12:19,960 --> 00:12:23,000
Speaker 4: hit the Googles, just like millennials do when we don't know.

267
00:12:22,920 --> 00:12:24,840
Speaker 1: Something, we hit the Googles as hard as possible.

268
00:12:25,559 --> 00:12:30,120
Speaker 4: And I was learning stuff through blogs and YouTube channels

269
00:12:30,160 --> 00:12:33,280
Speaker 4: and books, and I started to create this thing that

270
00:12:33,360 --> 00:12:37,800
Speaker 4: I called Felicia's Wallet. Now, at the time, by Felicia

271
00:12:37,840 --> 00:12:41,280
Speaker 4: was at its peak, my peak fit cultural phenomenon. Everyone

272
00:12:41,320 --> 00:12:44,599
Speaker 4: was like by Felicia, by Filicia. And someone said something about, like,

273
00:12:44,640 --> 00:12:47,200
Speaker 4: I'd love to see Felicia's passport because she's always saying by,

274
00:12:47,280 --> 00:12:48,800
Speaker 4: Like we're always saying by to her. She must be

275
00:12:48,880 --> 00:12:50,760
Speaker 4: going all over the place. And I was like, I'd

276
00:12:50,760 --> 00:12:53,240
Speaker 4: like to see her wallet. How is she affording to

277
00:12:53,280 --> 00:12:56,120
Speaker 4: say by all the time. So I started this like

278
00:12:56,400 --> 00:12:59,040
Speaker 4: blank Google document where I put down everything I was

279
00:12:59,080 --> 00:13:01,640
Speaker 4: learning about budgeting, everything I was learning about how to

280
00:13:01,720 --> 00:13:05,080
Speaker 4: balance and figure out my paycheck, all of my financial moves.

281
00:13:05,120 --> 00:13:06,960
Speaker 4: Every other Friday when I got my paycheck. I called

282
00:13:06,960 --> 00:13:10,000
Speaker 4: that document Felicia's Wallet. I didn't show it to anybody

283
00:13:10,000 --> 00:13:12,200
Speaker 4: for a long time, and then eventually I was like

284
00:13:12,280 --> 00:13:14,240
Speaker 4: let's just if I just kind of talk about it

285
00:13:14,280 --> 00:13:16,840
Speaker 4: on my social media, which had no kind of following

286
00:13:16,880 --> 00:13:17,440
Speaker 4: for anything.

287
00:13:18,040 --> 00:13:19,360
Speaker 1: Let's just see what happens.

288
00:13:19,880 --> 00:13:22,079
Speaker 4: I posted about the document. I remember it's like a

289
00:13:22,120 --> 00:13:25,360
Speaker 4: boomerang of me scrolling through it. And the response to

290
00:13:25,440 --> 00:13:29,200
Speaker 4: that was huge. And it wasn't just from my friends

291
00:13:29,200 --> 00:13:33,400
Speaker 4: and family being like whoa budgeting money? You're talking about

292
00:13:33,440 --> 00:13:35,880
Speaker 4: out loud and like you haven't exploded, that's crazy, like

293
00:13:35,920 --> 00:13:38,920
Speaker 4: you broke the taboo, against the rules, But it was

294
00:13:39,000 --> 00:13:42,040
Speaker 4: also such a huge response from so many people that

295
00:13:42,120 --> 00:13:45,120
Speaker 4: I didn't know, and especially so many women of color

296
00:13:45,720 --> 00:13:49,200
Speaker 4: up in my comments and like most notably whispering in

297
00:13:49,240 --> 00:13:52,360
Speaker 4: my dms, like you're a stranger, but you're the first

298
00:13:52,400 --> 00:13:54,599
Speaker 4: person I've ever seen who is a woman and a

299
00:13:54,640 --> 00:13:57,760
Speaker 4: woman of color to talk about your personal money life,

300
00:13:57,880 --> 00:14:00,319
Speaker 4: admit that you have did out loud, say that you've

301
00:14:00,320 --> 00:14:01,360
Speaker 4: been messing up for many months.

302
00:14:01,360 --> 00:14:02,640
Speaker 1: But here's that you're what you're learning.

303
00:14:02,920 --> 00:14:04,760
Speaker 4: You're the first person in my life to actually talk

304
00:14:04,800 --> 00:14:06,719
Speaker 4: about this, and it's changing my perspective.

305
00:14:07,000 --> 00:14:09,680
Speaker 1: And that's when I was like, we got some something.

306
00:14:09,679 --> 00:14:13,560
Speaker 4: There's something A little old me knowing nothing but no

307
00:14:13,600 --> 00:14:16,800
Speaker 4: financial background, yells from my corner of the Internet, and

308
00:14:16,840 --> 00:14:18,520
Speaker 4: the response was such an echo.

309
00:14:18,920 --> 00:14:20,880
Speaker 1: That's when I was like, Okay, we got we gotta

310
00:14:20,880 --> 00:14:21,520
Speaker 1: take this somewhere.

311
00:14:21,520 --> 00:14:23,320
Speaker 3: We got to take it somewhere. How do you go

312
00:14:23,400 --> 00:14:25,640
Speaker 3: from that to now you're writing a personal finance book?

313
00:14:25,680 --> 00:14:29,280
Speaker 3: What happened in between? And also, congratulations, this is when

314
00:14:29,280 --> 00:14:31,520
Speaker 3: I dropped that little nugget you you're going to be

315
00:14:31,600 --> 00:14:32,520
Speaker 3: a published author.

316
00:14:33,000 --> 00:14:36,480
Speaker 4: I have a much others so wild because this was

317
00:14:36,520 --> 00:14:38,080
Speaker 4: the beginning, Like, this is what I wanted to be

318
00:14:38,080 --> 00:14:41,000
Speaker 4: when I was super little, a writer, an author, and

319
00:14:41,080 --> 00:14:43,000
Speaker 4: it's been a very long, windy road to get here.

320
00:14:43,560 --> 00:14:46,560
Speaker 4: But basically, once I started sharing about Felicia's wallet, I

321
00:14:46,600 --> 00:14:48,520
Speaker 4: got the response from people. Then I was like, okay,

322
00:14:48,560 --> 00:14:50,520
Speaker 4: all right, this is a thing. I started making videos,

323
00:14:50,720 --> 00:14:55,920
Speaker 4: started making content, discovered something called Instagram, honestly discovered like Instagram, boomerang,

324
00:14:55,960 --> 00:14:59,120
Speaker 4: start shaking my butt for people, and we just started

325
00:14:59,160 --> 00:15:01,160
Speaker 4: to build more and of a community online of people

326
00:15:01,160 --> 00:15:03,440
Speaker 4: who wanted to talk about money, wanted to talk about

327
00:15:03,440 --> 00:15:06,480
Speaker 4: the absolute basics of money, but didn't want it to

328
00:15:06,560 --> 00:15:09,280
Speaker 4: be what I like to say, Hella mail, Hella pale,

329
00:15:09,320 --> 00:15:11,960
Speaker 4: and Hella stale, so much of what you see out

330
00:15:12,000 --> 00:15:15,440
Speaker 4: there is Hella Mail, Hella Pale, Hella Stale, and.

331
00:15:15,200 --> 00:15:16,840
Speaker 1: So I just sort of built this gathering on people

332
00:15:16,840 --> 00:15:17,520
Speaker 1: who were sick of that.

333
00:15:18,080 --> 00:15:22,680
Speaker 4: And the book came about last year when I partnered

334
00:15:22,720 --> 00:15:23,480
Speaker 4: up with an agent.

335
00:15:23,640 --> 00:15:24,960
Speaker 1: Her name is Tavia from Bioda.

336
00:15:25,000 --> 00:15:28,320
Speaker 4: She's incredible other women of color who champions all people

337
00:15:28,320 --> 00:15:31,160
Speaker 4: of color artists I wanted to. I brought her on

338
00:15:31,280 --> 00:15:33,840
Speaker 4: to sort of level up and help me manage like

339
00:15:33,880 --> 00:15:36,840
Speaker 4: brand partnerships and things like that. And she's the one

340
00:15:36,840 --> 00:15:40,200
Speaker 4: that was like, hey, this publishing house wants to do

341
00:15:40,360 --> 00:15:43,840
Speaker 4: a money book for young people. You're basically a teenager

342
00:15:44,120 --> 00:15:45,480
Speaker 4: walking around with paychecks.

343
00:15:45,960 --> 00:15:48,320
Speaker 1: Want to you do the thing? And that's that's where

344
00:15:48,320 --> 00:15:48,640
Speaker 1: we are.

345
00:15:48,800 --> 00:15:51,880
Speaker 4: And oh my god, Mandy, my first draft is due

346
00:15:52,360 --> 00:15:55,720
Speaker 4: in like a month, almost a month exactly, so I'm

347
00:15:55,760 --> 00:15:56,720
Speaker 4: losing my issue.

348
00:15:56,480 --> 00:15:58,480
Speaker 3: A little bit. Supposed to be here right now, right like,

349
00:15:58,560 --> 00:16:00,000
Speaker 3: I'm not even what are you talking about?

350
00:16:00,600 --> 00:16:01,640
Speaker 1: I feel good?

351
00:16:02,560 --> 00:16:05,320
Speaker 4: You're manny, Are you kidding? This is brown ambition. I

352
00:16:05,360 --> 00:16:07,320
Speaker 4: was just telling you right before we started recording that

353
00:16:07,520 --> 00:16:09,520
Speaker 4: I'm in. I put myself in this thing called book.

354
00:16:09,400 --> 00:16:11,680
Speaker 1: Leave quote unquotes. I've been this like book cave.

355
00:16:12,160 --> 00:16:14,200
Speaker 4: I wanted to focus on writing my book and make

356
00:16:14,200 --> 00:16:18,160
Speaker 4: my book writing process really fun, really enjoyable, like lean

357
00:16:18,240 --> 00:16:21,680
Speaker 4: on my savings and actually give myself the time to

358
00:16:21,760 --> 00:16:24,480
Speaker 4: make the process really fun. And I promised myself I

359
00:16:24,480 --> 00:16:26,400
Speaker 4: would not come out of book leave unless it was

360
00:16:26,480 --> 00:16:31,000
Speaker 4: like showstopper, incredible opportunity. And I remember you emailed me,

361
00:16:31,000 --> 00:16:32,480
Speaker 4: I want to say, like a couple of months ago,

362
00:16:33,000 --> 00:16:34,760
Speaker 4: and I brought this. I have a business coach. I

363
00:16:34,800 --> 00:16:36,120
Speaker 4: brought this to my business coach and I was like,

364
00:16:36,160 --> 00:16:36,720
Speaker 4: this sick.

365
00:16:36,960 --> 00:16:38,600
Speaker 1: This is what I want to come out of booklye for.

366
00:16:38,880 --> 00:16:41,680
Speaker 1: She was like, okay, I give my blessing.

367
00:16:40,800 --> 00:16:45,160
Speaker 3: Yeah wow where business coach approved. Well, I hope this

368
00:16:45,200 --> 00:16:47,040
Speaker 3: is well. I'm so glad to have you here. But

369
00:16:47,200 --> 00:16:49,480
Speaker 3: I'm also so you know, Tiffany just had a really

370
00:16:49,520 --> 00:16:52,080
Speaker 3: successful book launch. And I told her. I was like,

371
00:16:52,120 --> 00:16:54,640
Speaker 3: this is you know, obviously she was wildly successful, but

372
00:16:54,720 --> 00:16:58,280
Speaker 3: I said, the reason why I feel so excited about

373
00:16:58,320 --> 00:17:01,720
Speaker 3: Tiffany's success is that I know others will benefit from

374
00:17:01,720 --> 00:17:05,080
Speaker 3: her success. You know, it'll make publishers look at women

375
00:17:05,119 --> 00:17:08,520
Speaker 3: of color as really like money makers, you know, like

376
00:17:08,760 --> 00:17:12,520
Speaker 3: a good business decision. And ultimately that has been often

377
00:17:12,560 --> 00:17:15,040
Speaker 3: the excuse in this, you know, in the business world,

378
00:17:15,160 --> 00:17:17,760
Speaker 3: is like, oh, do women sell? Do women of color sell?

379
00:17:17,840 --> 00:17:20,240
Speaker 3: Should we put you on the cover? Will people be

380
00:17:20,320 --> 00:17:23,600
Speaker 3: turned off when they see it's by a woman? I mean, anyway,

381
00:17:23,720 --> 00:17:26,160
Speaker 3: there's a whole history of like women changing their names,

382
00:17:26,200 --> 00:17:28,840
Speaker 3: writing under pen names, so they'd be taken seriously. And

383
00:17:29,119 --> 00:17:31,639
Speaker 3: I am so excited. I wish you nothing but the

384
00:17:31,640 --> 00:17:34,000
Speaker 3: most success. I want to know. So you said for

385
00:17:34,119 --> 00:17:37,480
Speaker 3: young people, So what is the target audience for this

386
00:17:37,520 --> 00:17:39,480
Speaker 3: book that you're writing, because I don't think we'd there

387
00:17:39,480 --> 00:17:42,119
Speaker 3: hasn't really been a lot of books for like teens

388
00:17:42,640 --> 00:17:45,440
Speaker 3: from someone who you know, I know you're not technically

389
00:17:45,440 --> 00:17:47,160
Speaker 3: you when you say you're fifteen years on the inside,

390
00:17:47,160 --> 00:17:49,880
Speaker 3: but you know we're a little mature now. But yeah,

391
00:17:49,920 --> 00:17:51,360
Speaker 3: well yeah, that's the target audience.

392
00:17:52,480 --> 00:17:54,760
Speaker 4: It's so funny because the target audience technically this is

393
00:17:54,800 --> 00:17:58,240
Speaker 4: a HarperCollins young adult book, and the official on paper

394
00:17:58,280 --> 00:17:59,520
Speaker 4: target audience.

395
00:17:59,440 --> 00:18:00,920
Speaker 1: Is like six team to twenty five.

396
00:18:01,359 --> 00:18:05,240
Speaker 4: Okay, but I know, like my content from the beginning,

397
00:18:05,240 --> 00:18:08,280
Speaker 4: had I meant to always be talking to teens about money.

398
00:18:08,520 --> 00:18:10,720
Speaker 4: The thing though, about talking about money, especially when you

399
00:18:10,720 --> 00:18:14,280
Speaker 4: talk in like a relatable voice is you unlock the

400
00:18:14,280 --> 00:18:17,080
Speaker 4: fact that most of us, especially in the US, especially

401
00:18:17,119 --> 00:18:21,600
Speaker 4: if you're coming from an immigrant family, we are fifteen

402
00:18:21,880 --> 00:18:25,280
Speaker 4: when it comes to our financial education, like we are

403
00:18:25,400 --> 00:18:28,080
Speaker 4: all children when it comes to our financial education, because

404
00:18:28,119 --> 00:18:31,000
Speaker 4: most of us didn't receive any type of financial education,

405
00:18:31,080 --> 00:18:32,960
Speaker 4: and you know, we grow up into these like adult

406
00:18:33,040 --> 00:18:38,600
Speaker 4: skin bags, but there is no financial education update download

407
00:18:38,640 --> 00:18:42,159
Speaker 4: along the way. And so all my content was supposed

408
00:18:42,200 --> 00:18:44,000
Speaker 4: to be for young people, but I got this huge

409
00:18:44,040 --> 00:18:48,040
Speaker 4: millennial audience too and older because we've all been failed.

410
00:18:48,119 --> 00:18:51,080
Speaker 4: And so it's actually a tricky thing to be writing

411
00:18:51,160 --> 00:18:54,480
Speaker 4: right now with the intention of focusing on sixteen to

412
00:18:54,520 --> 00:18:55,400
Speaker 4: twenty five year olds.

413
00:18:55,640 --> 00:18:57,000
Speaker 1: But all the feedback I'm.

414
00:18:56,840 --> 00:18:59,520
Speaker 4: Getting from my editor, from my editor's editor, from copy

415
00:18:59,600 --> 00:19:01,639
Speaker 4: editors of the publishers, They're like, so this is a

416
00:19:01,640 --> 00:19:04,480
Speaker 4: book that I would buy for myself. This is something

417
00:19:04,520 --> 00:19:07,400
Speaker 4: that I need, This is something that all my friends need.

418
00:19:07,840 --> 00:19:10,080
Speaker 4: It's officially for sixteen to twenty five year olds, but

419
00:19:10,200 --> 00:19:14,680
Speaker 4: I know that the lessons reverberate throughout all all that.

420
00:19:14,840 --> 00:19:17,000
Speaker 3: I mean, just throw a vampire or werewolf in there

421
00:19:17,000 --> 00:19:19,479
Speaker 3: and then there you go, right exactly.

422
00:19:19,480 --> 00:19:22,720
Speaker 4: I'm like, I gotta sprinkle different pop cultural references throughout,

423
00:19:22,720 --> 00:19:24,000
Speaker 4: so nobody feels left out but.

424
00:19:23,960 --> 00:19:25,960
Speaker 3: Our vampires, I think anymore. I don't know what would

425
00:19:25,960 --> 00:19:27,679
Speaker 3: it be now that's more of.

426
00:19:27,680 --> 00:19:30,480
Speaker 4: A like that's like a definitely millennial, like when we

427
00:19:30,600 --> 00:19:32,160
Speaker 4: felt the Twilight five do the.

428
00:19:32,080 --> 00:19:34,879
Speaker 3: Whole thing on to talk just like release chapters and

429
00:19:35,000 --> 00:19:38,840
Speaker 3: sixty second informents with the Busset song in the background.

430
00:19:39,400 --> 00:19:42,320
Speaker 4: That's what's interesting too, is knowing that we're like reaching

431
00:19:42,359 --> 00:19:45,480
Speaker 4: out to a younger audience and it's not like we

432
00:19:45,560 --> 00:19:47,960
Speaker 4: all like gen Z is not like a bunch of readers.

433
00:19:47,960 --> 00:19:50,879
Speaker 4: No one's like pretending that gen Z is obsessed with

434
00:19:50,920 --> 00:19:53,800
Speaker 4: the books. So I have to figure out a way

435
00:19:53,880 --> 00:19:57,520
Speaker 4: to make it interesting enough for young audiences to pick

436
00:19:57,600 --> 00:20:00,119
Speaker 4: up and actually be into it, and also for her

437
00:20:00,240 --> 00:20:01,960
Speaker 4: parents to go like, okay, she's not going to teach

438
00:20:02,000 --> 00:20:05,680
Speaker 4: my kids some like crazy shes but still also something

439
00:20:05,680 --> 00:20:07,119
Speaker 4: that I wanted to read when I was young. I

440
00:20:07,160 --> 00:20:08,760
Speaker 4: didn't want it to be all words. I don't want

441
00:20:08,760 --> 00:20:10,919
Speaker 4: it to be all graphics. I want there to be

442
00:20:11,000 --> 00:20:13,600
Speaker 4: silly stuff in it and fun stuff and challenges and

443
00:20:13,640 --> 00:20:14,840
Speaker 4: things that get me out of the book.

444
00:20:14,920 --> 00:20:17,000
Speaker 3: So well, your gorgeous face to be on the cover.

445
00:20:17,119 --> 00:20:17,919
Speaker 3: That's what I want to know.

446
00:20:18,800 --> 00:20:20,840
Speaker 1: I don't know. I don't know if I'm cool enough.

447
00:20:20,840 --> 00:20:22,359
Speaker 4: I don't know if I'm cool enough like Tiffany to

448
00:20:22,400 --> 00:20:24,000
Speaker 4: put my face on the cover, because in talking to

449
00:20:24,040 --> 00:20:26,960
Speaker 4: other author friends, they're like, you basically have to be

450
00:20:27,359 --> 00:20:29,680
Speaker 4: like Obama level to be able to be cool enough

451
00:20:29,680 --> 00:20:31,399
Speaker 4: to put the book your face on the cover. Otherwise

452
00:20:31,400 --> 00:20:33,720
Speaker 4: people are going to look at me and be like, what,

453
00:20:33,720 --> 00:20:38,080
Speaker 4: what's random ambiguously race brown girl, like what so we'll see.

454
00:20:38,240 --> 00:20:41,120
Speaker 3: I mean Tiffany talks about that, that moment when she

455
00:20:41,280 --> 00:20:43,240
Speaker 3: was like not sure about putting herself on the cover.

456
00:20:43,880 --> 00:20:45,840
Speaker 3: I feel like, I mean, it's the same thing as

457
00:20:45,840 --> 00:20:48,040
Speaker 3: when you wrote about Felicia's wallet, which I don't know

458
00:20:48,040 --> 00:20:49,400
Speaker 3: how I didn't know that. I guess I haven't gone

459
00:20:49,440 --> 00:20:52,000
Speaker 3: that back into the archives. It's only to the vault

460
00:20:52,080 --> 00:20:55,040
Speaker 3: of Burna Content. There's a lot out there. Yeah, and

461
00:20:55,520 --> 00:20:57,959
Speaker 3: she eventually decided to go for it, And I feel

462
00:20:57,960 --> 00:21:03,360
Speaker 3: like her gorgeous, brown, melanated self on that cover honestly

463
00:21:03,400 --> 00:21:06,879
Speaker 3: probably sells books because the same thing that would have

464
00:21:06,920 --> 00:21:08,960
Speaker 3: held the book back I think ten twenty years ago

465
00:21:09,600 --> 00:21:13,040
Speaker 3: is now people are looking for it. Why people are

466
00:21:13,080 --> 00:21:16,439
Speaker 3: looking for it. They want to like I'm saying, I mean,

467
00:21:16,600 --> 00:21:18,520
Speaker 3: I'm not saying this is your target audience, but they

468
00:21:18,560 --> 00:21:20,760
Speaker 3: want to put that on their shelf right in front.

469
00:21:20,960 --> 00:21:24,399
Speaker 3: So when their friends come over, they're like, Yeah, I

470
00:21:24,440 --> 00:21:26,960
Speaker 3: read Berna and Nat and she's great. Do you know

471
00:21:26,960 --> 00:21:29,840
Speaker 3: about her? Oh you don't. Oh wow, it's crazy. You

472
00:21:29,920 --> 00:21:33,560
Speaker 3: must not know any brown people like I do. Just

473
00:21:33,600 --> 00:21:34,440
Speaker 3: my two cents.

474
00:21:35,359 --> 00:21:36,960
Speaker 4: No, I know exactly what you mean. I know that

475
00:21:37,000 --> 00:21:40,080
Speaker 4: if I put my body on the cover like with Tiffany,

476
00:21:40,359 --> 00:21:44,280
Speaker 4: like her persona, her brand is like preschool teacher, but

477
00:21:44,400 --> 00:21:47,240
Speaker 4: make it finance and make it like polish and relatable,

478
00:21:47,600 --> 00:21:49,600
Speaker 4: and so her on the cover with her like beautiful

479
00:21:49,680 --> 00:21:50,800
Speaker 4: dress and like put together.

480
00:21:50,840 --> 00:21:51,639
Speaker 1: It works.

481
00:21:52,520 --> 00:21:54,720
Speaker 4: If I were to conceptualize myself on the cover of

482
00:21:54,720 --> 00:21:57,040
Speaker 4: my own money book, I'm like immediately like, oh, there's

483
00:21:57,040 --> 00:21:58,679
Speaker 4: probably going to be a body part. You have to sensor.

484
00:21:59,000 --> 00:22:01,000
Speaker 4: My leg's going to be up in air. There's gonna

485
00:22:01,000 --> 00:22:02,520
Speaker 4: be Yeah, it's gonna be.

486
00:22:02,560 --> 00:22:06,640
Speaker 3: Wild flying out of you know, your orifices.

487
00:22:06,840 --> 00:22:10,439
Speaker 1: Just do something, all the orifices exactly. Actually, what I

488
00:22:10,480 --> 00:22:12,040
Speaker 1: did last week is I bought a bunch.

489
00:22:12,080 --> 00:22:13,639
Speaker 4: I just went on a rant and bought a bunch

490
00:22:13,640 --> 00:22:16,280
Speaker 4: of books that I've been wanting to read that I

491
00:22:16,359 --> 00:22:19,879
Speaker 4: knew were funny or interesting and taught something specific. And

492
00:22:19,920 --> 00:22:22,200
Speaker 4: the book that I want right now is Ali Wong's

493
00:22:22,400 --> 00:22:23,080
Speaker 4: Dear Girls.

494
00:22:23,160 --> 00:22:23,760
Speaker 1: Have you heard of it?

495
00:22:23,880 --> 00:22:26,520
Speaker 3: I haven't heard of that book, but I know Ali Yeah,

496
00:22:26,640 --> 00:22:27,359
Speaker 3: Oh my gosh.

497
00:22:27,359 --> 00:22:30,520
Speaker 4: Basically, it's a book about is her letters to her

498
00:22:30,560 --> 00:22:34,920
Speaker 4: two daughters, and it's so hilarious, super super funny. And

499
00:22:35,680 --> 00:22:37,760
Speaker 4: the picture of her on the cover, it's her in

500
00:22:37,800 --> 00:22:40,240
Speaker 4: this beautiful glittery dress, but she's asleep.

501
00:22:40,440 --> 00:22:41,840
Speaker 1: She has like asleep with her mouth open.

502
00:22:41,880 --> 00:22:43,879
Speaker 4: And I was like, see if we can hit a

503
00:22:43,920 --> 00:22:47,639
Speaker 4: cover like that that's like, yes, I'm polished, but not really.

504
00:22:48,480 --> 00:22:50,720
Speaker 3: That would be great to show it's a different book.

505
00:22:51,119 --> 00:22:53,359
Speaker 3: All right. Well, I'm not obviously air business coach, but

506
00:22:54,280 --> 00:22:57,639
Speaker 3: got aside talk. We kind of skipped over that hefty

507
00:22:57,720 --> 00:23:00,280
Speaker 3: debt amount that you mentioned earlier. You had nearly fifty

508
00:23:00,280 --> 00:23:03,320
Speaker 3: thousand dollars in debt student loans. I get twelve thousand

509
00:23:03,359 --> 00:23:06,320
Speaker 3: dollars a credit card debt. What were you buying, Berna,

510
00:23:06,640 --> 00:23:08,960
Speaker 3: Oh my gosh, with it a lot of Albo toast.

511
00:23:09,840 --> 00:23:13,520
Speaker 4: It was a lot of bottomless brunch in the lower

512
00:23:13,560 --> 00:23:15,239
Speaker 4: East Side of New York City is what it was.

513
00:23:15,720 --> 00:23:19,480
Speaker 4: It was a lot of being twenty to twenty four

514
00:23:19,520 --> 00:23:22,879
Speaker 4: years old in New York City with no financial skills,

515
00:23:23,080 --> 00:23:26,320
Speaker 4: but lots of influence and kind of helium in the

516
00:23:26,359 --> 00:23:28,000
Speaker 4: head about what you're supposed to be doing.

517
00:23:28,320 --> 00:23:29,159
Speaker 3: What years were you here?

518
00:23:29,359 --> 00:23:30,119
Speaker 1: Proud?

519
00:23:30,440 --> 00:23:33,560
Speaker 4: I was in New York City from two thousand and

520
00:23:33,720 --> 00:23:35,720
Speaker 4: eleven to twenty fifteen.

521
00:23:36,160 --> 00:23:40,199
Speaker 3: God, we were so we could have been that was

522
00:23:40,320 --> 00:23:44,800
Speaker 3: my era, Yes, of my wild ponies, we were probably.

523
00:23:45,280 --> 00:23:47,040
Speaker 3: I mean, if this were a movie, you'd probably like

524
00:23:47,080 --> 00:23:48,600
Speaker 3: go back and be like, Oh, that was you at

525
00:23:48,600 --> 00:23:50,600
Speaker 3: that club, or that was you at that happy hour?

526
00:23:51,520 --> 00:23:51,720
Speaker 4: Yes?

527
00:23:51,760 --> 00:23:53,840
Speaker 3: Did you also wake up on each other? Did you

528
00:23:53,880 --> 00:23:55,200
Speaker 3: also wake up on the side of the street on

529
00:23:55,240 --> 00:23:59,719
Speaker 3: New Year's Eve robbed without a cell phone? Was that

530
00:23:59,760 --> 00:24:00,879
Speaker 3: you the other? You know?

531
00:24:02,320 --> 00:24:04,240
Speaker 4: Was I the one that was like chased down the

532
00:24:04,320 --> 00:24:06,000
Speaker 4: robber for you and had no idea? Or was I

533
00:24:06,040 --> 00:24:07,760
Speaker 4: the one who was like, girl, take this drink and

534
00:24:07,800 --> 00:24:09,360
Speaker 4: I was like the last person to give you alcohol

535
00:24:09,359 --> 00:24:09,840
Speaker 4: in the club.

536
00:24:10,400 --> 00:24:12,600
Speaker 1: Could have been any one of them.

537
00:24:12,400 --> 00:24:16,160
Speaker 3: But that was Yes, that's so funny. Well then that's

538
00:24:16,280 --> 00:24:19,720
Speaker 3: I mean, say no more. Because it is extremely easy

539
00:24:19,760 --> 00:24:21,320
Speaker 3: to wrack up the kind of debt, but you said

540
00:24:21,320 --> 00:24:23,200
Speaker 3: that you had a hard time facing it. When did

541
00:24:23,240 --> 00:24:25,719
Speaker 3: you finally face the music? And then how did you?

542
00:24:25,840 --> 00:24:26,760
Speaker 3: How did you tackle it?

543
00:24:27,119 --> 00:24:27,560
Speaker 1: Oh? Boy?

544
00:24:27,600 --> 00:24:30,960
Speaker 4: Okay, So the build up to it was definitely being

545
00:24:31,119 --> 00:24:34,000
Speaker 4: very influenced by New York City, like young person culture.

546
00:24:34,320 --> 00:24:36,360
Speaker 4: You got to go out all the time. It's it's

547
00:24:36,400 --> 00:24:38,480
Speaker 4: brunch in the club and brunch in the club every weekend.

548
00:24:39,000 --> 00:24:42,399
Speaker 4: And it's also this specific culture that my friends and

549
00:24:42,400 --> 00:24:45,520
Speaker 4: I had of like almost bragging about how broke you

550
00:24:45,600 --> 00:24:47,480
Speaker 4: were or how much you were struggling. It was like

551
00:24:48,080 --> 00:24:50,320
Speaker 4: it was like this very specific kind of humble bragup

552
00:24:50,400 --> 00:24:52,720
Speaker 4: just like I'm broke, me too, I'm the brokest like

553
00:24:52,760 --> 00:24:55,600
Speaker 4: it made broke was kind of sexy to a weird

554
00:24:55,640 --> 00:24:59,359
Speaker 4: and gross degree. And we would talk about struggling, but

555
00:24:59,400 --> 00:25:01,720
Speaker 4: we know one I ever actually talked about the numbers

556
00:25:01,720 --> 00:25:04,760
Speaker 4: behind their debt, and no one talked about the actual abject,

557
00:25:04,880 --> 00:25:08,120
Speaker 4: low boiled, constant fear we all felt about our debt.

558
00:25:08,600 --> 00:25:10,399
Speaker 1: And so that was terrible.

559
00:25:10,480 --> 00:25:13,640
Speaker 4: It was like going to the bathroom and like opening

560
00:25:13,640 --> 00:25:16,600
Speaker 4: my ba A app Bank of America app and like

561
00:25:17,400 --> 00:25:19,480
Speaker 4: transferring so I can get the next round of margaradors

562
00:25:19,480 --> 00:25:22,200
Speaker 4: are on me, terrible, terrible stuff.

563
00:25:22,359 --> 00:25:24,200
Speaker 1: Oh god, I think it was again.

564
00:25:24,200 --> 00:25:27,600
Speaker 4: It wasn't until I got that full time job for

565
00:25:27,640 --> 00:25:29,679
Speaker 4: the first time in a long time, with like the

566
00:25:29,760 --> 00:25:32,880
Speaker 4: money drip every other Friday that I was like, Okay,

567
00:25:33,080 --> 00:25:35,240
Speaker 4: I think this is God telling me, like, you may

568
00:25:35,280 --> 00:25:39,480
Speaker 4: now enter the ancient Caucasian art of budgeting. Let's see

569
00:25:39,480 --> 00:25:42,040
Speaker 4: what's going on there. And then when I started to

570
00:25:42,480 --> 00:25:44,480
Speaker 4: read blogs and things that were like, you got to

571
00:25:44,480 --> 00:25:46,960
Speaker 4: attack your most expensive debt, which is create a card

572
00:25:47,040 --> 00:25:50,479
Speaker 4: dit and so I sort of followed that plan that

573
00:25:50,560 --> 00:25:52,840
Speaker 4: most financial experts gave you of like attack their credit

574
00:25:52,840 --> 00:25:53,240
Speaker 4: card debt.

575
00:25:53,240 --> 00:25:53,520
Speaker 1: First.

576
00:25:54,320 --> 00:25:56,359
Speaker 4: I had never seen all of my debt out on

577
00:25:56,359 --> 00:25:58,679
Speaker 4: one piece of paper like that before, and that was

578
00:25:58,720 --> 00:26:00,600
Speaker 4: like a step that I think a block and told.

579
00:26:00,480 --> 00:26:00,840
Speaker 3: Me to do.

580
00:26:01,040 --> 00:26:03,560
Speaker 4: So I opened up Felisia's wallet, and I open up

581
00:26:03,720 --> 00:26:05,879
Speaker 4: Bank of America and Chase and all the things, and

582
00:26:05,960 --> 00:26:09,720
Speaker 4: putting all those numbers down on my Google doc for

583
00:26:09,760 --> 00:26:13,160
Speaker 4: the first time and looking at them. It's the anticipation

584
00:26:13,200 --> 00:26:16,000
Speaker 4: of doing that is horrifying, and then actually looking at

585
00:26:16,040 --> 00:26:20,399
Speaker 4: it is like there's horror to it, but it's a

586
00:26:20,400 --> 00:26:22,119
Speaker 4: lot less scary than I thought it was going to

587
00:26:22,200 --> 00:26:24,440
Speaker 4: be like I was like, okay, I knew I had

588
00:26:24,440 --> 00:26:26,960
Speaker 4: a lot, and when I saw the number twelve thousand,

589
00:26:27,000 --> 00:26:28,480
Speaker 4: I was like, that's a butt ton.

590
00:26:29,080 --> 00:26:30,840
Speaker 1: But then I started to sort of break down what

591
00:26:30,880 --> 00:26:31,600
Speaker 1: would it look like to.

592
00:26:31,640 --> 00:26:33,480
Speaker 4: Pay that off? How many months would it take? It

593
00:26:33,520 --> 00:26:35,760
Speaker 4: got a little less scary after that. I like to

594
00:26:35,800 --> 00:26:40,040
Speaker 4: tell people that thinking about your debt before actually looking

595
00:26:40,080 --> 00:26:41,760
Speaker 4: at it is kind of like when you wake up

596
00:26:41,760 --> 00:26:44,520
Speaker 4: in the middle of the night and it's dark, but

597
00:26:44,600 --> 00:26:46,680
Speaker 4: you can see your clothes chair, you know, the chair

598
00:26:46,760 --> 00:26:48,800
Speaker 4: that you like throw clothes on, and.

599
00:26:48,960 --> 00:26:52,520
Speaker 1: It's like, Okay, this is just a story someone told me.

600
00:26:52,560 --> 00:26:54,520
Speaker 4: I don't know about a close share, but you like,

601
00:26:54,520 --> 00:26:56,159
Speaker 4: look at your clothes chair in the night and it

602
00:26:56,240 --> 00:26:59,600
Speaker 4: looks like a serial killer. And the longer you stare

603
00:26:59,640 --> 00:27:01,200
Speaker 4: it in the dark, the more you're like, that's definitely

604
00:27:01,359 --> 00:27:04,159
Speaker 4: that's a it's getting closer, it's growing, it's getting taller.

605
00:27:04,200 --> 00:27:05,000
Speaker 1: I'm gonna die.

606
00:27:05,520 --> 00:27:07,520
Speaker 4: But then you turn the light out and you're like, oh,

607
00:27:08,000 --> 00:27:10,040
Speaker 4: it's just a cloth stair, It's fine. That's what it

608
00:27:10,040 --> 00:27:11,720
Speaker 4: felt like to look at my debt. Like before I

609
00:27:11,720 --> 00:27:13,119
Speaker 4: was looking at it, I was like, it's gonna kill me.

610
00:27:13,160 --> 00:27:13,560
Speaker 1: I can't.

611
00:27:13,800 --> 00:27:16,520
Speaker 4: Then you actually look at the numbers and you're like, Okay,

612
00:27:17,160 --> 00:27:19,080
Speaker 4: it's a number. I might actually be able to plan

613
00:27:19,119 --> 00:27:19,520
Speaker 4: around this.

614
00:27:20,400 --> 00:27:21,879
Speaker 3: I mean, at the same time, you're living in a

615
00:27:21,920 --> 00:27:24,200
Speaker 3: really expensive I mean in the Bay Area, even though

616
00:27:24,200 --> 00:27:27,399
Speaker 3: you're working for a huge company like IG. It can't

617
00:27:27,440 --> 00:27:30,240
Speaker 3: be cheap to it can't be cheap or even affordable

618
00:27:30,280 --> 00:27:32,359
Speaker 3: to live there. And then you went, now you're full

619
00:27:32,400 --> 00:27:35,080
Speaker 3: time hey burn a full time Hella Helpful, which is

620
00:27:35,119 --> 00:27:38,520
Speaker 3: your online community, right, Yes, we definitely gotta plug that

621
00:27:38,560 --> 00:27:40,359
Speaker 3: and you guys can go to heyburna dot com to

622
00:27:40,400 --> 00:27:42,679
Speaker 3: get all the ways. Although you're probably a little dormant

623
00:27:42,760 --> 00:27:46,440
Speaker 3: right now with your your book caving but anyway bookmarket

624
00:27:46,520 --> 00:27:49,880
Speaker 3: for future use. But talk to me about Hella Helpful

625
00:27:49,960 --> 00:27:52,960
Speaker 3: as a community and when did you launch that and

626
00:27:53,200 --> 00:27:55,240
Speaker 3: how did you go from Okay, I've done the cute

627
00:27:55,280 --> 00:27:57,919
Speaker 3: nine to five thing. I'm ready to go full on

628
00:27:58,040 --> 00:28:01,360
Speaker 3: with my my new venture. I'm selfishly asked, because That's

629
00:28:01,400 --> 00:28:04,000
Speaker 3: what I'm doing right now a little bit too. So yes, I.

630
00:28:03,960 --> 00:28:06,000
Speaker 1: Know, I'm so excited to watch this happen with you.

631
00:28:06,359 --> 00:28:10,200
Speaker 4: I have to say that major privileges helped to get

632
00:28:10,200 --> 00:28:14,080
Speaker 4: me to from then to now. One being I increased

633
00:28:14,080 --> 00:28:16,120
Speaker 4: my income a button when I went to go work

634
00:28:16,119 --> 00:28:20,200
Speaker 4: for Instagram. There's nothing better for taking down your debt

635
00:28:20,200 --> 00:28:22,320
Speaker 4: and saving money than earning more money.

636
00:28:22,359 --> 00:28:24,439
Speaker 1: And that needs to be very transparent about that kind

637
00:28:24,480 --> 00:28:27,920
Speaker 1: of thing. Amazing thing better, crazy, right, People don't what

638
00:28:28,000 --> 00:28:28,280
Speaker 1: do you.

639
00:28:28,280 --> 00:28:30,159
Speaker 3: Call it a privilege? People don't like to admit it,

640
00:28:30,240 --> 00:28:33,480
Speaker 3: but that is it's very simple, Like you didn't invent

641
00:28:33,560 --> 00:28:36,480
Speaker 3: reinvent the wheel. I just just made more money and

642
00:28:36,520 --> 00:28:38,000
Speaker 3: then I had more money, and then I used that

643
00:28:38,040 --> 00:28:39,160
Speaker 3: money to pay off the debt.

644
00:28:40,040 --> 00:28:41,760
Speaker 1: That is the I mean, you have to be able

645
00:28:41,800 --> 00:28:42,480
Speaker 1: to say it out loud.

646
00:28:42,600 --> 00:28:44,760
Speaker 4: The people who don't say that are probably trying to

647
00:28:44,760 --> 00:28:48,520
Speaker 4: sell you an online course because it's I got to

648
00:28:48,600 --> 00:28:51,400
Speaker 4: where I got, like I got to taking down my

649
00:28:51,440 --> 00:28:53,680
Speaker 4: debt in three years because I got a bigger paycheck.

650
00:28:53,680 --> 00:28:56,400
Speaker 4: It's the number one thing. The tips and the tricks

651
00:28:56,400 --> 00:28:59,520
Speaker 4: and the organization and the budgeting, those were all ways

652
00:28:59,560 --> 00:29:02,959
Speaker 4: to org organize the more money coming in. But it

653
00:29:03,000 --> 00:29:06,480
Speaker 4: was the more money that made my debt payoff journey

654
00:29:06,600 --> 00:29:07,960
Speaker 4: so much faster than whatever.

655
00:29:07,960 --> 00:29:09,560
Speaker 1: Really that what it could have been.

656
00:29:10,120 --> 00:29:13,800
Speaker 4: And another privilege was when I came back to the

657
00:29:13,800 --> 00:29:16,800
Speaker 4: Bay Area to work at my job at Instagram. I

658
00:29:16,840 --> 00:29:18,400
Speaker 4: was still very like, I'm trying to be independent.

659
00:29:18,400 --> 00:29:19,800
Speaker 1: I leave me alone. I want to get my apartment.

660
00:29:20,040 --> 00:29:23,600
Speaker 4: And then my wonderful immigrant Asian parents were like, are

661
00:29:23,640 --> 00:29:27,240
Speaker 4: you being an idiot? Your childhood bedroom is right there.

662
00:29:27,280 --> 00:29:28,520
Speaker 4: I held out for a year. I was like, I

663
00:29:28,560 --> 00:29:29,320
Speaker 4: want to live with my friend.

664
00:29:29,360 --> 00:29:30,080
Speaker 1: Let's get away from me.

665
00:29:30,560 --> 00:29:33,280
Speaker 4: And then I started to get really serious about my

666
00:29:33,880 --> 00:29:36,920
Speaker 4: paying off my debt because I wanted to quit and

667
00:29:36,920 --> 00:29:39,320
Speaker 4: travel for a year, and so did my partner. And

668
00:29:39,360 --> 00:29:40,800
Speaker 4: that's when I was like, all right, I'm going to

669
00:29:40,880 --> 00:29:43,120
Speaker 4: then lean into the privileges that I have been given

670
00:29:44,000 --> 00:29:44,760
Speaker 4: given by the.

671
00:29:44,760 --> 00:29:46,080
Speaker 1: Way I did not work.

672
00:29:46,160 --> 00:29:47,920
Speaker 4: For the fact that I have an incredible family who

673
00:29:47,920 --> 00:29:49,880
Speaker 4: were like, come, come stay in my house.

674
00:29:50,120 --> 00:29:51,280
Speaker 1: That was a privilege.

675
00:29:51,680 --> 00:29:54,040
Speaker 4: So I stayed with them for a year while I

676
00:29:54,240 --> 00:29:56,120
Speaker 4: was paying off my debt.

677
00:29:56,160 --> 00:29:57,760
Speaker 1: I was still paying rent to them because I wanted

678
00:29:57,760 --> 00:30:00,120
Speaker 1: to keep some semblance of adulthood.

679
00:30:00,680 --> 00:30:03,240
Speaker 4: But yes, it was not San Francisco Marcert grant, but

680
00:30:03,240 --> 00:30:06,600
Speaker 4: it was still rent and that was a major privilege too.

681
00:30:06,640 --> 00:30:08,640
Speaker 4: So I have to be able to we don't acknowledge

682
00:30:08,640 --> 00:30:11,640
Speaker 4: our privileges. Then that I'm trying to sell you online course,

683
00:30:11,640 --> 00:30:13,120
Speaker 4: and that's what I'm trying to I'm not trying to

684
00:30:13,160 --> 00:30:13,520
Speaker 4: do no.

685
00:30:13,680 --> 00:30:16,000
Speaker 3: I mean, I think that that's amazing. And I certainly

686
00:30:16,040 --> 00:30:19,000
Speaker 3: know whoever could flee to mommy and daddy's house or

687
00:30:19,040 --> 00:30:21,800
Speaker 3: family during the pandemic to save money. I mean, if

688
00:30:21,800 --> 00:30:23,600
Speaker 3: you didn't use that as an opportunity to pay down

689
00:30:23,600 --> 00:30:25,360
Speaker 3: some debt and stack your coins, I don't know what

690
00:30:25,920 --> 00:30:28,440
Speaker 3: you were thinking. There's no shame in that. I've talked

691
00:30:28,480 --> 00:30:30,160
Speaker 3: about how my husband and I moved in with his

692
00:30:30,200 --> 00:30:34,360
Speaker 3: parents also, you know, he's first generation Dominican and his parents,

693
00:30:34,400 --> 00:30:36,080
Speaker 3: believe me, they would love if we were still there

694
00:30:36,440 --> 00:30:39,840
Speaker 3: in that three bedroom, tiny, tiny apartment. But that was

695
00:30:40,040 --> 00:30:42,640
Speaker 3: I mean, it was the savvy, smart financial move, but

696
00:30:42,680 --> 00:30:47,120
Speaker 3: it was hard. It was very hard. So I respect

697
00:30:47,160 --> 00:30:48,320
Speaker 3: and commend you for that.

698
00:30:49,560 --> 00:30:52,040
Speaker 1: Now there's an emotional tax that comes with it, for sure.

699
00:30:52,440 --> 00:30:54,719
Speaker 3: So you're living with your folks and your partner as

700
00:30:54,760 --> 00:30:55,680
Speaker 3: well or you guys.

701
00:30:56,600 --> 00:30:59,200
Speaker 4: Yes, we both moved in to my families because we

702
00:30:59,200 --> 00:31:02,120
Speaker 4: were both living in so departments on our own, and

703
00:31:02,160 --> 00:31:04,640
Speaker 4: then we both committed to this debt payoff journey together

704
00:31:04,680 --> 00:31:06,520
Speaker 4: because we both wanted to pay off all of our

705
00:31:06,560 --> 00:31:08,920
Speaker 4: debt and quit our jobs and travel the world for

706
00:31:08,960 --> 00:31:11,720
Speaker 4: a year. And of course the entire time I were like,

707
00:31:12,000 --> 00:31:13,360
Speaker 4: how do we save money? How do we save money?

708
00:31:13,360 --> 00:31:15,320
Speaker 4: How do we make bigger payments on our debt? My

709
00:31:15,320 --> 00:31:19,080
Speaker 4: parents are like idiots, idiots over here, get it in

710
00:31:19,160 --> 00:31:21,760
Speaker 4: this house. And we're so grateful that that they were

711
00:31:21,760 --> 00:31:23,880
Speaker 4: able to do that. So we did that, and and.

712
00:31:23,920 --> 00:31:26,080
Speaker 3: Please tell me that a couple of years. Yeah, please

713
00:31:26,080 --> 00:31:28,400
Speaker 3: tell me that your big travel year was not supposed

714
00:31:28,400 --> 00:31:30,480
Speaker 3: to be twenty twenty. Did you get it in before.

715
00:31:31,600 --> 00:31:32,520
Speaker 1: We finished it?

716
00:31:32,520 --> 00:31:35,400
Speaker 4: It was all twenty eighteen January to December twenty eighteen,

717
00:31:35,680 --> 00:31:38,200
Speaker 4: thank goodness. And then when I got back, I had

718
00:31:38,240 --> 00:31:40,160
Speaker 4: to make a decision of like, Okay, well, am I

719
00:31:40,160 --> 00:31:42,840
Speaker 4: going to go back to my cozy, comfy, well paid

720
00:31:42,880 --> 00:31:46,440
Speaker 4: nine to five which is wonderful too, and there's no absolute, no.

721
00:31:46,400 --> 00:31:46,880
Speaker 1: Shame in that?

722
00:31:47,320 --> 00:31:50,040
Speaker 4: Or should I see where this crazy ass road is

723
00:31:50,080 --> 00:31:53,560
Speaker 4: going to go? Like, people respond a lot to these videos.

724
00:31:53,600 --> 00:31:55,600
Speaker 4: They like it when I work for their financial wins,

725
00:31:55,640 --> 00:31:58,000
Speaker 4: they like it when they teach something. What if I

726
00:31:58,240 --> 00:32:01,080
Speaker 4: just keep going? And that what if basically has lasted

727
00:32:01,160 --> 00:32:03,080
Speaker 4: from the end of twenty eighteen to now.

728
00:32:03,360 --> 00:32:05,400
Speaker 3: Oh wow, So how much did you say for that

729
00:32:05,440 --> 00:32:07,400
Speaker 3: epic trip? I like to get into numbers. Did you

730
00:32:07,400 --> 00:32:09,440
Speaker 3: have a goal number in mind?

731
00:32:10,360 --> 00:32:10,840
Speaker 1: We did.

732
00:32:11,000 --> 00:32:13,880
Speaker 4: I want to say it was like thirty six thousand

733
00:32:14,080 --> 00:32:17,320
Speaker 4: that we saved for the trip between myself and Peter,

734
00:32:17,400 --> 00:32:21,520
Speaker 4: because we know we wanted to travel for the entire year. Basically,

735
00:32:21,520 --> 00:32:24,000
Speaker 4: what we did was, once we stopped aggressively paying off

736
00:32:24,000 --> 00:32:26,440
Speaker 4: our student loans, we put that exact same amount of

737
00:32:26,480 --> 00:32:28,280
Speaker 4: money we were paying and just lobbed it into a

738
00:32:28,320 --> 00:32:30,280
Speaker 4: savings every single month as if we were still paying

739
00:32:30,280 --> 00:32:33,200
Speaker 4: off our student loans and just lob lab lab all

740
00:32:33,240 --> 00:32:36,640
Speaker 4: the bonuses, lob it everything, selling things, lob it. We

741
00:32:36,720 --> 00:32:39,280
Speaker 4: came out of that year, we had I think like

742
00:32:40,080 --> 00:32:42,360
Speaker 4: four to six thousand dollars left at the end of

743
00:32:42,400 --> 00:32:45,000
Speaker 4: twenty eighteen, and we used it to buy a used

744
00:32:45,040 --> 00:32:45,760
Speaker 4: electric car.

745
00:32:46,240 --> 00:32:50,520
Speaker 1: It was all very millennial. Yeah, deeply millennial, annoyingly or

746
00:32:50,520 --> 00:32:51,080
Speaker 1: for you all.

747
00:32:51,400 --> 00:32:55,240
Speaker 3: It's fine, embrace it. So you buy your you bought

748
00:32:55,240 --> 00:32:57,360
Speaker 3: your electric vehicle and then you decided to lean into

749
00:32:57,400 --> 00:32:59,200
Speaker 3: hay burness. So does your partner is you a partner

750
00:32:59,280 --> 00:33:02,600
Speaker 3: business as well? Does he help with the hey Berna?

751
00:33:02,680 --> 00:33:02,880
Speaker 1: He?

752
00:33:02,960 --> 00:33:06,560
Speaker 4: Does he helps in that he keeps us grocery fed

753
00:33:07,120 --> 00:33:10,200
Speaker 4: and that my dog likes him the best, so he

754
00:33:10,200 --> 00:33:12,360
Speaker 4: helps with the dog the most, for sure. But he's

755
00:33:12,360 --> 00:33:14,080
Speaker 4: doing his own thing. He works at the YMC in

756
00:33:14,080 --> 00:33:18,880
Speaker 4: San Francisco, and he's our He's the emotional balance. When

757
00:33:18,920 --> 00:33:22,120
Speaker 4: I'm in the corner of our apartment screaming and yelling

758
00:33:22,200 --> 00:33:25,080
Speaker 4: and dancing and you know, t working for your financial wins,

759
00:33:25,120 --> 00:33:25,840
Speaker 4: He's the balance.

760
00:33:26,320 --> 00:33:28,600
Speaker 3: Oh wow, I feel like we have so so much

761
00:33:28,600 --> 00:33:31,240
Speaker 3: in common that that's exactly the dynamic with my husband,

762
00:33:31,360 --> 00:33:34,200
Speaker 3: although he's not he's more of like an eye roll.

763
00:33:34,320 --> 00:33:36,440
Speaker 3: And I'm not doing that for you. You can do whatever

764
00:33:36,480 --> 00:33:38,640
Speaker 3: you want to do in the Zenden. I will have

765
00:33:38,680 --> 00:33:41,560
Speaker 3: no part in it. Oh gosh, the Zenden too.

766
00:33:41,600 --> 00:33:43,960
Speaker 4: I love your Zenden. I mean you built a space

767
00:33:44,000 --> 00:33:47,840
Speaker 4: for you to do your new freelance.

768
00:33:48,320 --> 00:33:53,080
Speaker 3: Whatever thing thing. Yeah. For I it took me almost

769
00:33:53,080 --> 00:33:55,680
Speaker 3: a year to take the space for myself, and I

770
00:33:55,680 --> 00:33:57,320
Speaker 3: don't know why it took so long, but it is.

771
00:33:57,520 --> 00:34:00,920
Speaker 3: It is my sanctuary. It's kind of and it smells

772
00:34:00,920 --> 00:34:04,719
Speaker 3: sometimes when it rains, but it's mine, but it's yours.

773
00:34:04,840 --> 00:34:07,560
Speaker 3: She's cute, She cute, very cute.

774
00:34:07,600 --> 00:34:08,839
Speaker 1: This is where it's all going to start.

775
00:34:08,840 --> 00:34:12,319
Speaker 4: It started in a basically like corner chair for me,

776
00:34:12,400 --> 00:34:14,200
Speaker 4: and that's where it's at Least you have a den,

777
00:34:14,239 --> 00:34:15,080
Speaker 4: at least you have space.

778
00:34:15,160 --> 00:34:18,080
Speaker 3: I have something. Well, I'm loving having you on as

779
00:34:18,160 --> 00:34:20,359
Speaker 3: co hosts. Why don't we take a quick break. We're

780
00:34:20,360 --> 00:34:23,400
Speaker 3: gonna take some questions from our fabulous listeners with Berna

781
00:34:23,600 --> 00:34:58,040
Speaker 3: and stick around, guys. We'll be right back. All right,

782
00:34:58,120 --> 00:35:00,480
Speaker 3: we are back to take y'all's questions again. I am

783
00:35:00,560 --> 00:35:04,440
Speaker 3: joined by the illustrious, the amazing financial hype woman, everybody's

784
00:35:04,480 --> 00:35:07,800
Speaker 3: financial hype woman. Hey Berna, Hey.

785
00:35:07,760 --> 00:35:10,040
Speaker 4: Oh my gosh, I've been dreaming about doing the Hey

786
00:35:10,440 --> 00:35:12,960
Speaker 4: hey hey, she like goes.

787
00:35:13,880 --> 00:35:16,520
Speaker 3: I feel a little I'm just doing it. Dang, we

788
00:35:16,560 --> 00:35:19,600
Speaker 3: should have done it in the beginning, to commit. You're

789
00:35:19,640 --> 00:35:21,359
Speaker 3: good at it. You're good at it. I mean, I'm

790
00:35:21,400 --> 00:35:24,560
Speaker 3: not trying to listen. She has gone, but not forgotten.

791
00:35:24,680 --> 00:35:27,080
Speaker 3: She'll be back. I'm not trying to like, I'm not

792
00:35:27,120 --> 00:35:31,200
Speaker 3: trying to like, you know, start infiltrating her her trademarks. Well,

793
00:35:31,239 --> 00:35:31,960
Speaker 3: she's got no way.

794
00:35:32,000 --> 00:35:34,319
Speaker 1: I chidled her for the vibrato. I was like, give

795
00:35:34,360 --> 00:35:35,160
Speaker 1: me Tiffany.

796
00:35:35,600 --> 00:35:38,279
Speaker 3: For this we're bad. Let's just do it then, Okay,

797
00:35:38,360 --> 00:35:39,680
Speaker 3: let's do it. Okay, go.

798
00:35:41,520 --> 00:35:42,279
Speaker 1: From the hey hey hey.

799
00:35:42,160 --> 00:35:43,839
Speaker 3: Hey, Yeah, you do the hey hey, and I'll pretend

800
00:35:43,880 --> 00:35:45,520
Speaker 3: like you're Tiffany and I'll just I'll do my thing.

801
00:35:46,480 --> 00:35:53,280
Speaker 1: Okay, beautiful ready and five six seven eight, Hey hey, hey,

802
00:35:52,440 --> 00:35:54,000
Speaker 1: we're black.

803
00:35:54,400 --> 00:36:02,160
Speaker 3: We're sure. We're never on the same key. We're never

804
00:36:02,160 --> 00:36:04,200
Speaker 3: in any kind of harmony. It's just beautiful.

805
00:36:04,320 --> 00:36:07,160
Speaker 1: It's almost it's different channels. We come towards each other

806
00:36:07,239 --> 00:36:08,480
Speaker 1: like a river. Boom.

807
00:36:08,520 --> 00:36:09,960
Speaker 3: Well, we are in the purple. We're both bring a

808
00:36:09,960 --> 00:36:14,279
Speaker 3: little purple today. We have the same wavelength channeling just

809
00:36:14,400 --> 00:36:17,359
Speaker 3: like it's just meant to be. All right, But seriously, y'all,

810
00:36:17,400 --> 00:36:19,880
Speaker 3: we are here to answer your questions. As a reminder,

811
00:36:20,160 --> 00:36:22,920
Speaker 3: my friend Berna and I we are your financial girlfriends today.

812
00:36:22,920 --> 00:36:26,880
Speaker 3: We are not your financial experts. Your financial advisors. Always

813
00:36:26,920 --> 00:36:30,120
Speaker 3: consult you, know, all your biggest money questions with a

814
00:36:30,160 --> 00:36:34,279
Speaker 3: professional if you want real, personalized, tailored advice. What we

815
00:36:34,320 --> 00:36:38,600
Speaker 3: are suggesting to you our opinions based on our own experiences, YadA, YadA, yadda.

816
00:36:38,600 --> 00:36:41,239
Speaker 3: Please don't sue us, don't forget you guys can send

817
00:36:41,320 --> 00:36:44,239
Speaker 3: us your questions at Brown Ambition Podcast at gmail dot com,

818
00:36:44,360 --> 00:36:46,920
Speaker 3: or you can head us up on ig at Brown

819
00:36:46,920 --> 00:36:51,040
Speaker 3: Ambition Podcast. All right, let's get into your questions. We've

820
00:36:51,040 --> 00:36:54,160
Speaker 3: got two amazing ones. The first one comes from listener

821
00:36:54,239 --> 00:36:58,280
Speaker 3: named Shanika. Shanika says, hey, y'all, hope this message reach

822
00:36:58,600 --> 00:36:59,080
Speaker 3: reaches you.

823
00:36:59,120 --> 00:36:59,400
Speaker 5: Well.

824
00:37:00,200 --> 00:37:04,160
Speaker 3: Obtained my master's in social work becoming knowledgeable about financial

825
00:37:04,200 --> 00:37:07,279
Speaker 3: wholeness with the assistants of Brown Ambition. I paid for

826
00:37:07,360 --> 00:37:12,840
Speaker 3: my graduate degree out of pocket. However, I am fifty

827
00:37:12,920 --> 00:37:16,400
Speaker 3: thousand dollars in debt from my two undergraduate degrees. My

828
00:37:16,480 --> 00:37:19,600
Speaker 3: annual income is fifty thousand dollars, and as a single

829
00:37:19,600 --> 00:37:21,880
Speaker 3: woman with no children, I have a pretty good amount

830
00:37:21,920 --> 00:37:24,640
Speaker 3: of disposable income. What do you feel is the best

831
00:37:24,640 --> 00:37:27,879
Speaker 3: approach in terms of decreasing my undergrad debt to aid

832
00:37:27,880 --> 00:37:30,799
Speaker 3: my financial wellness. I'd like to be debt free, but

833
00:37:30,840 --> 00:37:33,480
Speaker 3: I'd also like to enjoy some of my earnings. Thank

834
00:37:33,520 --> 00:37:37,040
Speaker 3: you in advance, and please tell Tiffany Hello, Hello Tiffany.

835
00:37:37,239 --> 00:37:41,879
Speaker 3: She hey listen and she's on vacation. But anyway, all right, Shinka, Well,

836
00:37:41,880 --> 00:37:45,640
Speaker 3: congrats on going getting a whole graduate degree without debt.

837
00:37:45,760 --> 00:37:47,799
Speaker 3: That's even more impressant and.

838
00:37:47,880 --> 00:37:49,799
Speaker 1: Two undergraduate degrees is what it was.

839
00:37:50,239 --> 00:37:54,720
Speaker 3: So she paid for her grad degree masters out of pocket.

840
00:37:54,840 --> 00:37:57,560
Speaker 3: But she still has fifty k a worth of debt

841
00:37:57,560 --> 00:38:01,280
Speaker 3: from two undergraduate degrees, so she real really educated. Especially

842
00:38:01,400 --> 00:38:02,520
Speaker 3: trying to tell I was.

843
00:38:02,520 --> 00:38:03,920
Speaker 4: Going to say, like, let me just have my financial

844
00:38:03,960 --> 00:38:07,080
Speaker 4: hypooman moment and be like, you paid for a graduate

845
00:38:07,080 --> 00:38:10,839
Speaker 4: degree out of pocket. That is a beautiful and wonderful thing.

846
00:38:11,040 --> 00:38:13,920
Speaker 4: Many many graduates out there are like, huh, feeling a

847
00:38:13,920 --> 00:38:16,719
Speaker 4: lot of inspo. So please give yourself three to five

848
00:38:16,760 --> 00:38:19,440
Speaker 4: business days of credit for that first before you jump

849
00:38:19,520 --> 00:38:21,880
Speaker 4: into the debt payoff journey.

850
00:38:21,880 --> 00:38:23,280
Speaker 1: But yeah, many first thoughts.

851
00:38:23,719 --> 00:38:25,759
Speaker 3: I also want to know how she did that, but

852
00:38:25,800 --> 00:38:28,320
Speaker 3: that's you know, neither here nor there. Yeah, so having

853
00:38:28,520 --> 00:38:31,200
Speaker 3: an income of fifty k with fifty k worth of debt.

854
00:38:31,360 --> 00:38:33,320
Speaker 3: This is always a trick with student loan questions is

855
00:38:33,360 --> 00:38:36,040
Speaker 3: people don't always say whether it's federal or private. But

856
00:38:36,080 --> 00:38:37,640
Speaker 3: we have to remind you all that until the end

857
00:38:37,680 --> 00:38:40,200
Speaker 3: of September, you don't need to make payments on your

858
00:38:40,200 --> 00:38:44,040
Speaker 3: student loans. So that's a huge opportunity. It doesn't make

859
00:38:44,160 --> 00:38:47,000
Speaker 3: a lot of sense. One you just don't have to

860
00:38:47,080 --> 00:38:51,120
Speaker 3: there's there's a moratorium on student federal student loan payments

861
00:38:51,120 --> 00:38:53,560
Speaker 3: because of the pandemic through the end of September. But

862
00:38:53,640 --> 00:38:56,880
Speaker 3: on top of that, you could stand to gain a

863
00:38:56,920 --> 00:38:59,960
Speaker 3: lot more by you know, putting your money even in

864
00:39:00,080 --> 00:39:02,359
Speaker 3: a HIGHYUELD savings account. I mean, they're not giving much

865
00:39:02,400 --> 00:39:05,719
Speaker 3: return these days, but it's better than nothing. Or you

866
00:39:05,719 --> 00:39:09,600
Speaker 3: could be funneling more cash into your emergency fund or

867
00:39:10,080 --> 00:39:12,719
Speaker 3: of course investing, you know, contributing to a four to

868
00:39:12,719 --> 00:39:15,040
Speaker 3: one k if you have one or an I ray

869
00:39:15,719 --> 00:39:20,560
Speaker 3: as far as like the disposable income part and feeling like,

870
00:39:20,640 --> 00:39:22,640
Speaker 3: you know, I'm single, I have no kids, I've got

871
00:39:22,640 --> 00:39:25,759
Speaker 3: fifty k. Now I want to be enjoying it. That

872
00:39:25,920 --> 00:39:28,239
Speaker 3: is constantly like the tug. You know. On the one hand,

873
00:39:28,280 --> 00:39:30,520
Speaker 3: it's like if you're going to be making good money

874
00:39:30,760 --> 00:39:32,800
Speaker 3: but you can't enjoy it, then like what's the point.

875
00:39:33,960 --> 00:39:36,560
Speaker 3: But at the same time, that fifty k debt isn't

876
00:39:36,560 --> 00:39:39,200
Speaker 3: going anywhere, so like what do you say to that BURNA?

877
00:39:39,760 --> 00:39:42,479
Speaker 4: I think you hit The number one thing is we're

878
00:39:42,520 --> 00:39:44,920
Speaker 4: in a very weird bubble of time right now where

879
00:39:45,120 --> 00:39:47,839
Speaker 4: federal student loans kind of don't matter until the end

880
00:39:47,840 --> 00:39:48,400
Speaker 4: of September.

881
00:39:48,560 --> 00:39:50,440
Speaker 1: I don't remember. Now Mandy, you can tell.

882
00:39:50,320 --> 00:39:52,759
Speaker 4: Me whether interest is accruing or not, because I'm like,

883
00:39:52,800 --> 00:39:54,160
Speaker 4: are we in a golden enough time?

884
00:39:54,520 --> 00:39:54,680
Speaker 3: Right?

885
00:39:54,760 --> 00:39:56,960
Speaker 4: So that could be This could be a golden time

886
00:39:57,000 --> 00:39:59,200
Speaker 4: for you either to like Mandy said, put that money

887
00:39:59,200 --> 00:40:01,040
Speaker 4: in something that's going to go grow faster than your

888
00:40:01,040 --> 00:40:04,160
Speaker 4: interest rate on student loans, or if you want to

889
00:40:04,200 --> 00:40:06,600
Speaker 4: be eager beaver about it, which I typically am with

890
00:40:06,640 --> 00:40:09,920
Speaker 4: my finances, we're also in this golden period where interest

891
00:40:10,000 --> 00:40:12,920
Speaker 4: is not accruing, so the payments that you make towards

892
00:40:12,920 --> 00:40:15,400
Speaker 4: these student loans are interests free, so you get to

893
00:40:15,440 --> 00:40:20,319
Speaker 4: like at that principle from now until September. That's pretty cool.

894
00:40:20,320 --> 00:40:22,520
Speaker 4: If that excites you, then go for it. But I'm

895
00:40:22,560 --> 00:40:26,000
Speaker 4: also really glad that we're talking about, Like, Okay, becoming

896
00:40:26,040 --> 00:40:29,400
Speaker 4: debt free as soon as possible sounds sexy and cool,

897
00:40:29,480 --> 00:40:32,040
Speaker 4: but it does not have to be the path that

898
00:40:32,080 --> 00:40:34,560
Speaker 4: you want to pursue, especially if it sounds like this

899
00:40:34,560 --> 00:40:37,879
Speaker 4: person wants to lean into having no kids, being done

900
00:40:37,920 --> 00:40:40,680
Speaker 4: with their degrees, and enjoying their life. I know lots

901
00:40:40,719 --> 00:40:44,120
Speaker 4: of people. Actually, my wonderful business coach, Kristen, she is

902
00:40:44,160 --> 00:40:46,759
Speaker 4: one of the most. She has an incredible net worth,

903
00:40:46,800 --> 00:40:50,120
Speaker 4: she started many businesses. She's so inspiring to me, and

904
00:40:50,160 --> 00:40:51,840
Speaker 4: she's like, I have a bunch of student loans that

905
00:40:51,880 --> 00:40:54,880
Speaker 4: I haven't paid off because to me, I wanted to

906
00:40:54,880 --> 00:40:56,560
Speaker 4: me it was more worth it to invest in these

907
00:40:56,600 --> 00:41:00,799
Speaker 4: businesses and go on vacation and treat my parents. I

908
00:41:00,880 --> 00:41:03,160
Speaker 4: just wanted to do that more than pay off my

909
00:41:03,200 --> 00:41:06,000
Speaker 4: student loans. And that doesn't bother me. I'm not shaming

910
00:41:06,040 --> 00:41:09,120
Speaker 4: myself for it. Mathematically it works out for me. And

911
00:41:09,160 --> 00:41:12,279
Speaker 4: so these there are many roads to consider here, and

912
00:41:12,400 --> 00:41:15,720
Speaker 4: especially because you don't have any dependents, you can consider

913
00:41:15,760 --> 00:41:17,719
Speaker 4: the like I don't have to be dead free right

914
00:41:17,760 --> 00:41:18,920
Speaker 4: now kind of road.

915
00:41:19,520 --> 00:41:22,000
Speaker 3: And rub it in all of our parents, all of

916
00:41:22,040 --> 00:41:23,799
Speaker 3: the parents out there, rubed in our bases. But you

917
00:41:23,800 --> 00:41:26,279
Speaker 3: can just do whatever you want, whenever you want. I

918
00:41:26,360 --> 00:41:28,320
Speaker 3: just took we took the baby to Atlanta this weekend.

919
00:41:28,400 --> 00:41:30,680
Speaker 3: It was a two day trip. I don't even know

920
00:41:30,719 --> 00:41:32,960
Speaker 3: how I have the brain cells to rub together to

921
00:41:33,040 --> 00:41:35,000
Speaker 3: even talk to you today, but I was like, I

922
00:41:35,080 --> 00:41:38,880
Speaker 3: will not miss Berna. It was so exhausting the days

923
00:41:39,120 --> 00:41:42,799
Speaker 3: of I remember loving Atlanta Hartsfield. Now I'm like, why

924
00:41:42,800 --> 00:41:46,960
Speaker 3: don't the elevators work, and I mean I at the

925
00:41:47,040 --> 00:41:48,680
Speaker 3: end of it, I felt like I had run a

926
00:41:48,760 --> 00:41:52,520
Speaker 3: damn marathon with that baby and the stroller in the stuff.

927
00:41:52,560 --> 00:41:56,200
Speaker 3: Oh my god, that's girl travel take a cute carry

928
00:41:56,239 --> 00:41:57,120
Speaker 3: on and pack light.

929
00:41:57,719 --> 00:42:01,279
Speaker 4: Exactly. I have so much much reverence for all my

930
00:42:01,280 --> 00:42:05,239
Speaker 4: friends who are parents, because going, especially traveling basically leaving

931
00:42:05,280 --> 00:42:08,120
Speaker 4: the house with a young child is preparing for a marathon.

932
00:42:08,320 --> 00:42:11,279
Speaker 4: The travel itself is a marathon, and you again need

933
00:42:11,320 --> 00:42:13,920
Speaker 4: to give yourself three to five business days to recover

934
00:42:14,040 --> 00:42:16,440
Speaker 4: from that. Because I'm so glad that you're here, that

935
00:42:16,480 --> 00:42:19,560
Speaker 4: we like honored this time. But I'm like, exactly if

936
00:42:19,680 --> 00:42:23,160
Speaker 4: for the person who asks this question, you can afford

937
00:42:23,239 --> 00:42:26,000
Speaker 4: to indulge in like vacations or do things that take

938
00:42:26,040 --> 00:42:28,880
Speaker 4: up your energy without having to think about somebody else's energy,

939
00:42:29,239 --> 00:42:30,759
Speaker 4: Like you can do things with their money that makes

940
00:42:30,800 --> 00:42:33,399
Speaker 4: you feel free and you don't have to be debt

941
00:42:33,400 --> 00:42:34,279
Speaker 4: free to do it.

942
00:42:34,719 --> 00:42:36,239
Speaker 1: So there's lots of options here.

943
00:42:36,800 --> 00:42:39,120
Speaker 3: Yeah. Absolutely, And I think Tiffany and I have gotten

944
00:42:39,120 --> 00:42:43,719
Speaker 3: more comfortable talking about what you mentioned investing in yourself,

945
00:42:44,000 --> 00:42:49,320
Speaker 3: you know, doing things that maybe don't have immediate returns now,

946
00:42:49,600 --> 00:42:53,440
Speaker 3: but you know that will make you a better person

947
00:42:53,560 --> 00:42:55,440
Speaker 3: for your work as a social worker. I mean that's

948
00:42:55,440 --> 00:42:57,040
Speaker 3: a field where you're going to be pouring so much

949
00:42:57,080 --> 00:42:59,799
Speaker 3: time and energy into other people. So if you don't

950
00:42:59,800 --> 00:43:01,440
Speaker 3: pour into yourself, you know, what are you going to

951
00:43:01,520 --> 00:43:04,920
Speaker 3: give them? And I want that for you. I want

952
00:43:04,960 --> 00:43:08,239
Speaker 3: you to be I have that work life balance, you know,

953
00:43:08,480 --> 00:43:10,719
Speaker 3: or whatever your version of that is. And as long

954
00:43:10,760 --> 00:43:13,760
Speaker 3: as you're spending money for experiences or things that you value,

955
00:43:14,320 --> 00:43:17,080
Speaker 3: like f what anyone else cares about? If you want

956
00:43:17,120 --> 00:43:18,799
Speaker 3: to spend all your money on I don't know, Star

957
00:43:18,840 --> 00:43:23,840
Speaker 3: Wars memorabilia, or going and hiking the PCT trail like

958
00:43:24,040 --> 00:43:26,440
Speaker 3: Cheryl what's her face from that book with the boots,

959
00:43:26,480 --> 00:43:29,719
Speaker 3: I don't remember what it's called out? Yeah, wild, there

960
00:43:29,760 --> 00:43:32,279
Speaker 3: you go. Thank you? You see, look at us, look

961
00:43:32,280 --> 00:43:35,720
Speaker 3: at us? Just that that was the layup. Thank you. Yeah.

962
00:43:35,760 --> 00:43:37,880
Speaker 3: Just as long as you're focusing on your values and

963
00:43:37,920 --> 00:43:40,319
Speaker 3: spending your money on what's important to you, I think

964
00:43:40,320 --> 00:43:42,480
Speaker 3: that's the that's the north star that a lot of

965
00:43:42,480 --> 00:43:45,040
Speaker 3: people forget about, and that's what gets them down the

966
00:43:45,120 --> 00:43:48,560
Speaker 3: road of you know, not to not to pick on burnap,

967
00:43:48,600 --> 00:43:52,200
Speaker 3: but the bottomless brunches or things that maybe seem okay

968
00:43:52,280 --> 00:43:54,759
Speaker 3: in the moment, but don't really seed you, you know,

969
00:43:54,880 --> 00:43:55,560
Speaker 3: long term.

970
00:43:55,800 --> 00:43:58,520
Speaker 4: Yes, absolutely, And I also really want to like, as

971
00:43:58,640 --> 00:43:59,960
Speaker 4: annoyingly people say in the Bay.

972
00:43:59,800 --> 00:44:03,000
Speaker 1: Area, a double double click on what you said, Mandy,

973
00:44:03,080 --> 00:44:06,879
Speaker 1: of we're talking to and I need to shower.

974
00:44:09,160 --> 00:44:11,719
Speaker 4: The I literally have an iPhone note somewhere for my

975
00:44:11,760 --> 00:44:14,880
Speaker 4: Instagram days. Of all the annoying Silicon Valley shit people

976
00:44:14,880 --> 00:44:16,239
Speaker 4: said all the time, one of them was like, I

977
00:44:16,239 --> 00:44:17,560
Speaker 4: want to double click on what you just said.

978
00:44:18,920 --> 00:44:21,160
Speaker 1: And that's one of those. So if forever in a

979
00:44:21,360 --> 00:44:24,080
Speaker 1: comedy sot say, oh, highlight, it's like a highlight.

980
00:44:24,120 --> 00:44:25,880
Speaker 4: It's like, let me just double like, let me oh

981
00:44:25,960 --> 00:44:27,640
Speaker 4: my god, I almost use that one with another double

982
00:44:27,680 --> 00:44:28,680
Speaker 4: down double click, like.

983
00:44:28,600 --> 00:44:31,040
Speaker 1: I want to zoom in when you FuMB.

984
00:44:31,880 --> 00:44:34,839
Speaker 4: Yeah, if you're ever in a comedy situation and want

985
00:44:34,840 --> 00:44:37,040
Speaker 4: to make fun of people from the Bay Area Silicon

986
00:44:37,120 --> 00:44:39,239
Speaker 4: Valley butt faces from the Bay Area, you can say

987
00:44:39,239 --> 00:44:42,759
Speaker 4: double click so on a dug clank on what you said, Mandy,

988
00:44:42,800 --> 00:44:45,960
Speaker 4: which is we're talking to a social worker. This is

989
00:44:46,000 --> 00:44:48,800
Speaker 4: a person who, like, shout out to all social work folks.

990
00:44:49,239 --> 00:44:51,720
Speaker 4: You pour yourself into your job in such a different

991
00:44:51,719 --> 00:44:55,680
Speaker 4: way than other people self care and like decadence and luxury,

992
00:44:55,719 --> 00:44:58,680
Speaker 4: whatever that means to you is so important and not

993
00:44:58,760 --> 00:45:01,640
Speaker 4: just like one big splurgey thing a year, but like

994
00:45:01,800 --> 00:45:07,000
Speaker 4: consistent monthly, like always meeting yourself there self care because

995
00:45:07,040 --> 00:45:08,680
Speaker 4: from what I understand from social work, I used to

996
00:45:08,680 --> 00:45:10,839
Speaker 4: work at the YNCA for about four years and worked

997
00:45:10,840 --> 00:45:14,719
Speaker 4: with social workers very closely. Y'all deserve so much and

998
00:45:14,760 --> 00:45:17,520
Speaker 4: not self care with like capital S, capital C, face

999
00:45:17,600 --> 00:45:20,840
Speaker 4: masks and whatever, but like I want you to almost

1000
00:45:20,840 --> 00:45:23,920
Speaker 4: have like a self care budget for yourself. A social

1001
00:45:23,960 --> 00:45:27,319
Speaker 4: work is pouring out and if your money is not

1002
00:45:27,480 --> 00:45:29,840
Speaker 4: going to be used towards things that fill your cup,

1003
00:45:30,000 --> 00:45:31,960
Speaker 4: and as a social worker, your cup gets emptied a

1004
00:45:31,960 --> 00:45:33,880
Speaker 4: lot more I think than many other folks, and like

1005
00:45:33,960 --> 00:45:36,520
Speaker 4: what's the money for? So I hope you lean into

1006
00:45:36,600 --> 00:45:38,280
Speaker 4: that as soon as possible.

1007
00:45:38,880 --> 00:45:41,239
Speaker 3: I love that. I hope that was helpful. Shanika, and

1008
00:45:41,280 --> 00:45:44,520
Speaker 3: thank you again for your lovely question and all the love.

1009
00:45:45,040 --> 00:45:48,000
Speaker 3: Wish you the best. All right, let's take one more

1010
00:45:48,120 --> 00:45:51,680
Speaker 3: question from our audience, if I can find the dang tab?

1011
00:45:51,840 --> 00:45:54,719
Speaker 3: All right, here's a cool question, interesting question, not maybe

1012
00:45:54,760 --> 00:45:56,799
Speaker 3: the sexiest on its face, but I do feel like

1013
00:45:56,920 --> 00:45:59,640
Speaker 3: we constantly. This is the question that it probably took

1014
00:45:59,640 --> 00:46:01,759
Speaker 3: me a good five years into my career before I

1015
00:46:01,800 --> 00:46:04,319
Speaker 3: had I could finally stop having to google it to

1016
00:46:04,360 --> 00:46:07,440
Speaker 3: remember what the damn difference was. Those question is from

1017
00:46:07,600 --> 00:46:10,120
Speaker 3: someone who liked to remain anonymous. They work at a

1018
00:46:10,200 --> 00:46:13,520
Speaker 3: university that we won't name out of interest of keeping her,

1019
00:46:13,760 --> 00:46:17,000
Speaker 3: you know, anonymous, But she asks, I was recently hired

1020
00:46:17,040 --> 00:46:19,359
Speaker 3: at a university, and I'm trying to determine if it's

1021
00:46:19,400 --> 00:46:22,040
Speaker 3: better for my future self to have money taken out

1022
00:46:22,080 --> 00:46:23,920
Speaker 3: of my paycheck and put into my four oh one

1023
00:46:24,000 --> 00:46:27,440
Speaker 3: k pre tax or after tax. Wouldn't I have a

1024
00:46:27,480 --> 00:46:32,440
Speaker 3: tax advantage if it's taken from my paycheck after tax. Listen,

1025
00:46:32,960 --> 00:46:35,439
Speaker 3: there's not really a wrong answer here, and I do

1026
00:46:36,120 --> 00:46:39,160
Speaker 3: so and I and I this is a specific question

1027
00:46:39,239 --> 00:46:41,239
Speaker 3: that I definitely think, you know, it's worth talking to

1028
00:46:41,840 --> 00:46:45,160
Speaker 3: a the only financial planner about because it's never just

1029
00:46:45,239 --> 00:46:47,600
Speaker 3: about your your four oh one K or in your case,

1030
00:46:47,640 --> 00:46:50,680
Speaker 3: you probably have an an educator account which is like

1031
00:46:50,680 --> 00:46:53,600
Speaker 3: a four or three B but still similar, so you

1032
00:46:53,600 --> 00:46:56,600
Speaker 3: probably wantn't get more personalized advice than this. But just

1033
00:46:56,640 --> 00:46:58,680
Speaker 3: to break it down, you know, when you contribute to

1034
00:46:58,760 --> 00:47:01,920
Speaker 3: a traditional four WHEI or traditional IRA or sorry. At

1035
00:47:01,920 --> 00:47:04,560
Speaker 3: four to one K, you're putting dollars in pre tax,

1036
00:47:04,600 --> 00:47:06,560
Speaker 3: which means you put the money in and you don't

1037
00:47:06,560 --> 00:47:08,319
Speaker 3: get tax until you take it out when you're old

1038
00:47:08,320 --> 00:47:11,279
Speaker 3: and gray or hopefully not so old and gray in retirement.

1039
00:47:11,680 --> 00:47:14,040
Speaker 3: And the benefit there is that your money grows tax free.

1040
00:47:14,120 --> 00:47:16,360
Speaker 3: It's it's wonderful. It's an incentive to get people to

1041
00:47:16,400 --> 00:47:20,000
Speaker 3: put money away for retirement. The WROTH four one K

1042
00:47:20,440 --> 00:47:23,760
Speaker 3: is different in the sense that you pay taxes upfront,

1043
00:47:24,280 --> 00:47:28,319
Speaker 3: and typically what some financial advisors will say is this

1044
00:47:28,360 --> 00:47:30,680
Speaker 3: is also a tax benefit, it's just a little bit

1045
00:47:30,719 --> 00:47:34,480
Speaker 3: more indirect because you're paying taxes now. Let's say you're

1046
00:47:34,520 --> 00:47:36,799
Speaker 3: earning a lower income today than you plan to be

1047
00:47:36,840 --> 00:47:39,560
Speaker 3: earning later when you get to retirement age. You could

1048
00:47:39,560 --> 00:47:42,239
Speaker 3: be saving money by paying your lower tax rate now

1049
00:47:42,680 --> 00:47:46,240
Speaker 3: than when you start withdrawing from your funds later. Another

1050
00:47:46,320 --> 00:47:49,040
Speaker 3: benefit that I think is overlooked what the ROTH is

1051
00:47:49,080 --> 00:47:52,000
Speaker 3: that you can actually withdraw your contributions so it's not

1052
00:47:52,040 --> 00:47:55,799
Speaker 3: actually as tied up as a traditional retirement account, where

1053
00:47:56,200 --> 00:47:58,719
Speaker 3: like if you take an early withdrawal and it's just

1054
00:47:58,760 --> 00:48:01,799
Speaker 3: to pay for something or to pay off some debt.

1055
00:48:02,239 --> 00:48:04,839
Speaker 3: It can be tax penalties that you have to pay

1056
00:48:05,160 --> 00:48:07,359
Speaker 3: and then income tax on top of that on what

1057
00:48:07,400 --> 00:48:09,960
Speaker 3: you withdraw with a roth. Like let's say you put

1058
00:48:09,960 --> 00:48:13,120
Speaker 3: in five thousand dollars over a couple of years you

1059
00:48:13,160 --> 00:48:16,600
Speaker 3: want to and you've gained you know, two thousand dollars

1060
00:48:16,640 --> 00:48:18,560
Speaker 3: on that five k, So you've got seven k in

1061
00:48:18,600 --> 00:48:21,440
Speaker 3: there right now. You could arguably go in there and

1062
00:48:21,440 --> 00:48:24,560
Speaker 3: withdraw some of that principal amount, that five thousand that

1063
00:48:24,600 --> 00:48:29,000
Speaker 3: you put in and pocket that without the penalties of

1064
00:48:29,040 --> 00:48:32,400
Speaker 3: a traditional four oh one k. But now that we

1065
00:48:32,440 --> 00:48:37,480
Speaker 3: got all that like jargonique goodness, mum out of the way,

1066
00:48:37,719 --> 00:48:39,520
Speaker 3: burna talk to me about I mean, this is like

1067
00:48:39,560 --> 00:48:42,319
Speaker 3: a common This is like a common you know, one

1068
00:48:42,320 --> 00:48:44,840
Speaker 3: of the first adulting type decisions that happen when you

1069
00:48:44,840 --> 00:48:48,319
Speaker 3: get a new job. For me, I was so like

1070
00:48:48,640 --> 00:48:50,800
Speaker 3: ignorant about all this mess. I had a four to

1071
00:48:50,880 --> 00:48:52,920
Speaker 3: one K match at my first job. I was there

1072
00:48:52,920 --> 00:48:55,440
Speaker 3: for fifteen months, never open, never put a dime in it,

1073
00:48:56,040 --> 00:48:58,919
Speaker 3: left all the money on the table, and be fair,

1074
00:48:58,920 --> 00:49:01,200
Speaker 3: I had no dimes to put it in there. But sure,

1075
00:49:01,239 --> 00:49:02,759
Speaker 3: what was what was it like for you when you

1076
00:49:02,800 --> 00:49:05,520
Speaker 3: started to you know, you went from freelancing to like,

1077
00:49:05,600 --> 00:49:08,279
Speaker 3: oh benefits like a four oh one K, What was

1078
00:49:08,280 --> 00:49:09,840
Speaker 3: that like for you and how did you decide?

1079
00:49:10,120 --> 00:49:13,000
Speaker 4: Yes, actually trying to figure out what in the GD

1080
00:49:13,120 --> 00:49:15,200
Speaker 4: hell as a four oh one K was one of

1081
00:49:15,200 --> 00:49:19,360
Speaker 4: my first financial kind of Google entries.

1082
00:49:19,480 --> 00:49:22,360
Speaker 1: Ever, when I, you know, like you said, we go through.

1083
00:49:22,320 --> 00:49:24,560
Speaker 4: HR and the orientation, they're like, here's your four oh

1084
00:49:24,600 --> 00:49:26,960
Speaker 4: one K, before you could even ask, like why is

1085
00:49:27,000 --> 00:49:28,640
Speaker 4: it even named afore oh one And they're like, come

1086
00:49:28,680 --> 00:49:30,600
Speaker 4: onto the next and then they're like, we can't give

1087
00:49:30,600 --> 00:49:32,719
Speaker 4: you advice or HR or not a financial so you

1088
00:49:32,760 --> 00:49:35,360
Speaker 4: get very little answers in the first place. It was

1089
00:49:35,400 --> 00:49:40,040
Speaker 4: amazing to find out through Googles, not the HR representatives,

1090
00:49:40,080 --> 00:49:41,560
Speaker 4: which typically they should be.

1091
00:49:41,520 --> 00:49:43,120
Speaker 1: More helpful, but a lot of the times they are not.

1092
00:49:43,640 --> 00:49:45,799
Speaker 4: It was amazing to find out that for a lot

1093
00:49:45,800 --> 00:49:49,359
Speaker 4: of young people, especially in your very first jobs, your

1094
00:49:49,400 --> 00:49:51,440
Speaker 4: four oh one K is like the first time you're

1095
00:49:51,480 --> 00:49:54,560
Speaker 4: actually your money is getting invested, often invested for you,

1096
00:49:54,960 --> 00:49:57,879
Speaker 4: and you have no idea. Like it was many months

1097
00:49:57,920 --> 00:50:00,440
Speaker 4: into my job, like you said, Mandy, when I realized

1098
00:50:00,440 --> 00:50:02,319
Speaker 4: that money was being taken out for my four oh

1099
00:50:02,320 --> 00:50:05,480
Speaker 4: one K, for my paychecks and things were happening to it.

1100
00:50:05,520 --> 00:50:08,600
Speaker 4: I guess I had like blacked out and signed papers

1101
00:50:08,920 --> 00:50:12,120
Speaker 4: when I enduring orientation, agreeing to something, and I didn't

1102
00:50:12,200 --> 00:50:14,800
Speaker 4: understand it until many months afterwards, and like couldn't actually

1103
00:50:14,880 --> 00:50:17,080
Speaker 4: change things. So it was amazing to find out that,

1104
00:50:17,160 --> 00:50:20,120
Speaker 4: first of all, money won, money was already being taken

1105
00:50:20,200 --> 00:50:23,480
Speaker 4: out of my paycheck, what without my maybe like kind

1106
00:50:23,520 --> 00:50:27,759
Speaker 4: of unconsensually, without my understanding of how it happened. Two,

1107
00:50:27,840 --> 00:50:29,759
Speaker 4: I learned about what you just said, four oh one

1108
00:50:29,840 --> 00:50:33,000
Speaker 4: K matching. My company was a company that does that.

1109
00:50:33,040 --> 00:50:35,640
Speaker 4: They did four oh one K matching, which meant when

1110
00:50:35,680 --> 00:50:37,520
Speaker 4: I put certain amount of money into my four oh

1111
00:50:37,520 --> 00:50:40,719
Speaker 4: one K, my company was like, cool, me too, Simon says,

1112
00:50:40,760 --> 00:50:42,480
Speaker 4: I'm going to do the same thing up to a

1113
00:50:42,480 --> 00:50:46,239
Speaker 4: certain degree. We love to say as financial you know,

1114
00:50:46,480 --> 00:50:50,160
Speaker 4: mouth holes, that's free money. That's money on the table, right,

1115
00:50:50,239 --> 00:50:53,400
Speaker 4: I give money, and you're I move, you move like Ludacris.

1116
00:50:53,440 --> 00:50:55,640
Speaker 4: I move the money and then the company says me too,

1117
00:50:55,680 --> 00:50:57,879
Speaker 4: unmoved the money. So that was amazing to find out.

1118
00:50:58,080 --> 00:51:01,040
Speaker 4: And then you get into the okay, okay, so what's

1119
00:51:01,040 --> 00:51:03,280
Speaker 4: the difference between A four and on and K and ira?

1120
00:51:03,520 --> 00:51:05,279
Speaker 4: You learn about all the things that man you just

1121
00:51:05,280 --> 00:51:09,279
Speaker 4: said about, like the tax differences. That's around when even if,

1122
00:51:09,320 --> 00:51:11,680
Speaker 4: like if you had held on to this point of

1123
00:51:11,719 --> 00:51:15,160
Speaker 4: like trying to learn, that's around when people's brains start

1124
00:51:15,200 --> 00:51:18,279
Speaker 4: to tune out and it starts to the butterfly out

1125
00:51:18,320 --> 00:51:20,080
Speaker 4: the window, gonna go get lunch.

1126
00:51:20,520 --> 00:51:21,720
Speaker 1: But they are.

1127
00:51:21,680 --> 00:51:24,839
Speaker 4: Really important differences when you're kind of looking at things.

1128
00:51:24,840 --> 00:51:27,680
Speaker 4: But I think the most important thing is whichever path

1129
00:51:27,719 --> 00:51:28,360
Speaker 4: you choose.

1130
00:51:29,000 --> 00:51:30,160
Speaker 1: Sit yourself or.

1131
00:51:30,120 --> 00:51:33,560
Speaker 4: An HR representative or if a financial advisor down until

1132
00:51:33,600 --> 00:51:36,000
Speaker 4: you and like ask all the questions until you fully

1133
00:51:36,120 --> 00:51:39,799
Speaker 4: understand the differences between the two. Don't go blindly into

1134
00:51:39,840 --> 00:51:41,359
Speaker 4: it like me and be like it looks like.

1135
00:51:41,280 --> 00:51:44,080
Speaker 5: The guy to my left just check the box and

1136
00:51:44,080 --> 00:51:46,960
Speaker 5: and so it makes it that like I literally left

1137
00:51:46,960 --> 00:51:48,799
Speaker 5: money on the table for the first year, I left

1138
00:51:48,840 --> 00:51:51,600
Speaker 5: free money out of my own damn retirement account for

1139
00:51:51,680 --> 00:51:54,080
Speaker 5: the first year because I was just blindly following.

1140
00:51:54,239 --> 00:51:57,560
Speaker 4: There's so much pressure in the process. Don't be afraid

1141
00:51:57,560 --> 00:51:59,840
Speaker 4: to sit down and like, ask all the damn questions.

1142
00:52:00,080 --> 00:52:02,799
Speaker 4: Will all every single phrase, every single thing that you

1143
00:52:02,840 --> 00:52:05,959
Speaker 4: can so that you understand both ways. And like Mandy

1144
00:52:06,080 --> 00:52:09,360
Speaker 4: was saying, it's not like there's a major, giant, like

1145
00:52:09,520 --> 00:52:12,480
Speaker 4: big mistake difference between the two. Honestly, I don't think

1146
00:52:12,480 --> 00:52:14,799
Speaker 4: there really is. It's especially when to say, first sort

1147
00:52:14,800 --> 00:52:17,680
Speaker 4: of investing foray, but understand the crap out of it.

1148
00:52:17,719 --> 00:52:19,480
Speaker 4: You really you deserve to understand the crap out of

1149
00:52:19,480 --> 00:52:20,840
Speaker 4: everything happening to every dollar.

1150
00:52:20,880 --> 00:52:21,640
Speaker 1: And it's tiring.

1151
00:52:21,760 --> 00:52:25,919
Speaker 4: But until a retirement expert comes in and starts doing

1152
00:52:25,920 --> 00:52:29,520
Speaker 4: a dance at every like orientation, this is how we

1153
00:52:29,600 --> 00:52:32,040
Speaker 4: got to do it, it'll be me it.

1154
00:52:32,480 --> 00:52:35,000
Speaker 3: I mean, I think they pay big, big dollars for

1155
00:52:35,040 --> 00:52:37,319
Speaker 3: you to come tell their employees about their benefits, which

1156
00:52:37,360 --> 00:52:39,239
Speaker 3: is one of like the incentives to keep them there.

1157
00:52:39,280 --> 00:52:42,040
Speaker 3: I don't know why companies. I mean literally a previous

1158
00:52:42,120 --> 00:52:45,279
Speaker 3: job when one of the benefits was RSUs restricted stock

1159
00:52:45,360 --> 00:52:48,239
Speaker 3: units literally stock in the company, and I had a

1160
00:52:48,280 --> 00:52:50,680
Speaker 3: staff of young people who had never so much as

1161
00:52:50,719 --> 00:52:52,799
Speaker 3: heard of an RSU before, and I'd have to do

1162
00:52:52,840 --> 00:52:55,439
Speaker 3: their performance reviews and be like, oh, and you're gonna

1163
00:52:55,440 --> 00:52:58,440
Speaker 3: get you know, five thousand dollars worth of RSUs and

1164
00:52:58,480 --> 00:53:00,759
Speaker 3: they would have these blank stares and I was like,

1165
00:53:01,480 --> 00:53:02,640
Speaker 3: do you know what this is?

1166
00:53:03,200 --> 00:53:03,279
Speaker 5: No?

1167
00:53:04,080 --> 00:53:06,000
Speaker 3: Or they would say yeah, yeah, yeah, yeah yeah uh

1168
00:53:06,120 --> 00:53:07,600
Speaker 3: it's like the thing you know, and I'm like, no,

1169
00:53:07,800 --> 00:53:09,560
Speaker 3: here's what it is, and then their eyes would get why.

1170
00:53:09,640 --> 00:53:12,879
Speaker 3: They're like, whoa, this is great, this is great, but

1171
00:53:12,960 --> 00:53:15,640
Speaker 3: you don't know until you ask those questions. So, and

1172
00:53:15,719 --> 00:53:17,799
Speaker 3: a lot of people aren't like me. They don't have time,

1173
00:53:17,960 --> 00:53:20,719
Speaker 3: you know, they don't take the time. So definitely ask.

1174
00:53:21,000 --> 00:53:22,640
Speaker 4: I was going to say, they're lucky to have an

1175
00:53:22,640 --> 00:53:24,680
Speaker 4: employer that's like, let me tell you exactly what it is,

1176
00:53:24,719 --> 00:53:27,080
Speaker 4: because I remember learning about RSUs in my former job

1177
00:53:27,120 --> 00:53:29,560
Speaker 4: too and being like, this is a huge tech company

1178
00:53:29,719 --> 00:53:31,799
Speaker 4: with so many resources. I can't believe I have to

1179
00:53:31,840 --> 00:53:34,520
Speaker 4: google this shiz on my own to find out that

1180
00:53:34,560 --> 00:53:37,520
Speaker 4: I'm being given equity in the company. But the equity

1181
00:53:37,560 --> 00:53:39,719
Speaker 4: works like this, it's got all these rules. It's like,

1182
00:53:40,239 --> 00:53:42,759
Speaker 4: bless you and every other employer that actually looks out

1183
00:53:42,800 --> 00:53:43,719
Speaker 4: for the young people like that.

1184
00:53:43,719 --> 00:53:44,360
Speaker 1: That's beautiful.

1185
00:53:44,480 --> 00:53:47,880
Speaker 3: That's where you're saying, you know, how, what is it?

1186
00:53:47,920 --> 00:53:50,759
Speaker 3: What is Hella the personal finance world, it's Hella mail hellapale,

1187
00:53:50,840 --> 00:53:54,239
Speaker 3: Hella stale, hell stale. Yes, but that is true of

1188
00:53:54,320 --> 00:53:56,960
Speaker 3: businesses too. It's really the structure is built for I

1189
00:53:57,000 --> 00:53:58,879
Speaker 3: think people who don't need to have a sit down

1190
00:53:58,920 --> 00:54:01,320
Speaker 3: and talk about RSUs because their uncle or their father

1191
00:54:01,440 --> 00:54:04,680
Speaker 3: or their mother, you know, their mentor tells them those

1192
00:54:04,719 --> 00:54:07,000
Speaker 3: types of things. But a lot of folks, especially brown

1193
00:54:07,080 --> 00:54:09,959
Speaker 3: and black black people and women, you know, we don't

1194
00:54:10,000 --> 00:54:12,920
Speaker 3: go into the corporate world with those extra benefits and

1195
00:54:13,000 --> 00:54:16,120
Speaker 3: those you know, advisors and little evil parrots on our

1196
00:54:16,120 --> 00:54:18,200
Speaker 3: shoulders to tell us these types of things that we

1197
00:54:18,280 --> 00:54:20,759
Speaker 3: have to seek it out for ourselves, and companies need

1198
00:54:20,800 --> 00:54:22,719
Speaker 3: to do the extra work to do all that. But

1199
00:54:22,760 --> 00:54:24,840
Speaker 3: now I'm in my soapbox now about one of my

1200
00:54:24,880 --> 00:54:28,080
Speaker 3: favorite subjects, which is how businesses fail their employees.

1201
00:54:29,160 --> 00:54:30,799
Speaker 1: I love that subscribe.

1202
00:54:31,239 --> 00:54:32,680
Speaker 3: Yeah, but I do want to say thank you to

1203
00:54:32,680 --> 00:54:35,200
Speaker 3: this question and just to take it home. The only

1204
00:54:35,239 --> 00:54:38,000
Speaker 3: bad decision here is to not invest, to not save

1205
00:54:38,080 --> 00:54:40,359
Speaker 3: for retirement. That's the only bad decision you can make.

1206
00:54:40,680 --> 00:54:43,960
Speaker 3: And also, you know, to your point Burnet about getting knowledge.

1207
00:54:44,080 --> 00:54:45,839
Speaker 3: For me, the best thing I did at twenty four

1208
00:54:46,000 --> 00:54:48,120
Speaker 3: was just start saving before I even knew everything I

1209
00:54:48,160 --> 00:54:51,800
Speaker 3: thought I needed to know. I just did the easiest option,

1210
00:54:51,960 --> 00:54:55,319
Speaker 3: you know, check the box for automatic withdrawals into a

1211
00:54:55,360 --> 00:54:57,920
Speaker 3: target date fund. And then I was like, cool, you're cute.

1212
00:54:57,920 --> 00:54:59,759
Speaker 3: I'll come back to you when I'm ready to dive

1213
00:54:59,800 --> 00:55:01,759
Speaker 3: in more and do more things. And that was the

1214
00:55:01,760 --> 00:55:04,240
Speaker 3: smartest decision I ever made, putting me on my path

1215
00:55:04,280 --> 00:55:07,360
Speaker 3: to a tenfold increase in my net worth over the

1216
00:55:07,400 --> 00:55:11,000
Speaker 3: past you know, decades, and I huge. Yeah, And I

1217
00:55:11,040 --> 00:55:13,799
Speaker 3: just don't want people to hold themselves back because they

1218
00:55:13,840 --> 00:55:16,040
Speaker 3: don't think that they know enough. There are some small

1219
00:55:16,040 --> 00:55:18,640
Speaker 3: steps you can take today that will put you on

1220
00:55:18,680 --> 00:55:20,960
Speaker 3: the right path and you'll, you know, you'll accrue that

1221
00:55:21,000 --> 00:55:24,520
Speaker 3: knowledge over time. Just don't wait until you're you know,

1222
00:55:24,560 --> 00:55:26,560
Speaker 3: you can recite, and don't wait until you have to

1223
00:55:26,560 --> 00:55:30,200
Speaker 3: stop googling the different terms. I still google sometimes.

1224
00:55:30,160 --> 00:55:32,240
Speaker 1: Me too, all the time.

1225
00:55:32,520 --> 00:55:33,160
Speaker 2: It's fine.

1226
00:55:33,239 --> 00:55:36,440
Speaker 4: I mean, we aren't like raised with these pockets of

1227
00:55:36,480 --> 00:55:38,719
Speaker 4: knowledge in our heads, and so we have to keep relearning.

1228
00:55:38,760 --> 00:55:40,440
Speaker 4: We have to keep shoving them intour heads because it

1229
00:55:40,440 --> 00:55:43,759
Speaker 4: doesn't come naturally to so many of us. And I

1230
00:55:44,080 --> 00:55:46,960
Speaker 4: love to also tell young folks like you have something

1231
00:55:47,120 --> 00:55:51,399
Speaker 4: that every older Hella male palstale investor wishes they had,

1232
00:55:51,640 --> 00:55:55,840
Speaker 4: and that's time. It's time you have that freaking in

1233
00:55:56,960 --> 00:55:59,120
Speaker 4: bags all all around you. And that's the most important

1234
00:55:59,160 --> 00:56:02,640
Speaker 4: thing for I'm in investing specifically, So just get her done.

1235
00:56:02,880 --> 00:56:04,680
Speaker 4: Just get her done in any which way, and confuse

1236
00:56:04,680 --> 00:56:07,399
Speaker 4: yourself with the terms once there's already money in the pot.

1237
00:56:08,200 --> 00:56:10,080
Speaker 3: I love that. All right, Well, thank y'all so much

1238
00:56:10,080 --> 00:56:12,480
Speaker 3: for your questions. Thank you Bernard for being my my

1239
00:56:12,520 --> 00:56:47,319
Speaker 3: co pilot on the question segment. All right, well let's

1240
00:56:47,320 --> 00:56:50,880
Speaker 3: get into this is a big moment for Berna. How

1241
00:56:50,920 --> 00:56:53,680
Speaker 3: does Terry do this? Now? I'm forgetting brown Boost Brown

1242
00:56:53,719 --> 00:56:55,319
Speaker 3: Break Brown. But no, that's not it.

1243
00:56:55,840 --> 00:56:58,560
Speaker 4: Are you gonna just have like a like a Mickey

1244
00:56:58,560 --> 00:57:00,879
Speaker 4: Mouse cloud? Oh yeah, I remember that.

1245
00:57:01,320 --> 00:57:03,319
Speaker 3: And it always ends up. It's kind of like Eenie

1246
00:57:03,360 --> 00:57:07,120
Speaker 3: Meani Mi nemo her Her Brown Break intros always end

1247
00:57:07,200 --> 00:57:09,640
Speaker 3: up making me go first, no matter what it is.

1248
00:57:09,760 --> 00:57:12,520
Speaker 3: The last he says, No, that's fine. I'm just like

1249
00:57:12,560 --> 00:57:16,400
Speaker 3: the the cars are stacked against me. I'm not always prepared.

1250
00:57:16,520 --> 00:57:18,800
Speaker 3: But what would you like to do? Are you gonna

1251
00:57:18,840 --> 00:57:20,640
Speaker 3: boost or are you going to break? My friend?

1252
00:57:21,800 --> 00:57:23,720
Speaker 1: Oh boy, let's see. Am I going to boot? Am

1253
00:57:23,760 --> 00:57:26,360
Speaker 1: I going to break? I think I'm going to boost?

1254
00:57:26,920 --> 00:57:28,680
Speaker 3: Okay, keep it body to boost.

1255
00:57:28,680 --> 00:57:30,640
Speaker 4: I'm going to keep a pozzy because I'm in my

1256
00:57:30,720 --> 00:57:33,440
Speaker 4: book cave and like we were talking about before we

1257
00:57:33,440 --> 00:57:34,200
Speaker 4: started recording.

1258
00:57:34,480 --> 00:57:35,800
Speaker 1: Being in a book cave means.

1259
00:57:35,640 --> 00:57:39,320
Speaker 4: I'm extremely selective about the things that come into my

1260
00:57:39,400 --> 00:57:43,280
Speaker 4: eyeballs and scroll past my screen, And so I'm trying

1261
00:57:43,320 --> 00:57:44,400
Speaker 4: to keep it pusey for the book.

1262
00:57:44,440 --> 00:57:47,120
Speaker 1: You know, give give the book posey vibes. I think

1263
00:57:47,160 --> 00:57:47,640
Speaker 1: I want to.

1264
00:57:47,640 --> 00:57:53,320
Speaker 4: Give a boost to the idea of community.

1265
00:57:53,520 --> 00:57:55,280
Speaker 1: So this is cheesy. We talked about like my Hella

1266
00:57:55,280 --> 00:57:56,520
Speaker 1: helpful community and all that stuff.

1267
00:57:56,640 --> 00:57:59,520
Speaker 4: What I'm talking about is today I'm thinking about the

1268
00:57:59,520 --> 00:58:04,360
Speaker 4: fact that creating this book requires a community. It'll probably

1269
00:58:04,360 --> 00:58:06,760
Speaker 4: be just my name on the cover, but I'm thinking about,

1270
00:58:06,760 --> 00:58:08,400
Speaker 4: like I said, my business coach who's a woman of

1271
00:58:08,400 --> 00:58:10,840
Speaker 4: color that supports me every single day. My agent, who's

1272
00:58:10,840 --> 00:58:13,040
Speaker 4: a woman of color supports me every single day. I

1273
00:58:13,120 --> 00:58:16,240
Speaker 4: have a small group of like mastermind other financial creators

1274
00:58:16,240 --> 00:58:19,480
Speaker 4: who I like bounce questions off of. I'm asking my

1275
00:58:19,560 --> 00:58:23,080
Speaker 4: audience all the time of like opinions and things. I'm

1276
00:58:23,120 --> 00:58:25,280
Speaker 4: constantly texting my three teenage nieces.

1277
00:58:26,080 --> 00:58:27,479
Speaker 1: Is this stupid? Is this lame?

1278
00:58:28,320 --> 00:58:31,560
Speaker 4: If I had to compare stocks to like an anime character.

1279
00:58:31,320 --> 00:58:32,160
Speaker 1: Which one would it be.

1280
00:58:32,720 --> 00:58:36,840
Speaker 4: I'm just thinking about the fact that nothing good happens

1281
00:58:37,400 --> 00:58:40,120
Speaker 4: as like in a silo in a cylinder by yourself.

1282
00:58:40,200 --> 00:58:42,280
Speaker 4: In my life, all the most wonderful things have happened

1283
00:58:42,600 --> 00:58:45,919
Speaker 4: because other specifically black and brown women have reached down

1284
00:58:46,240 --> 00:58:48,880
Speaker 4: up across to me, pulled me up a ladder, pulled

1285
00:58:48,880 --> 00:58:50,520
Speaker 4: me into their arms, pulled me into.

1286
00:58:50,440 --> 00:58:52,560
Speaker 1: Their mastermind, loued me into.

1287
00:58:52,360 --> 00:58:56,280
Speaker 4: An email including you, Mandy, pulled me into this and

1288
00:58:56,920 --> 00:58:59,040
Speaker 4: made me feel like community is a thing that makes

1289
00:58:59,080 --> 00:59:00,760
Speaker 4: all these things worth it. And so I just want

1290
00:59:00,800 --> 00:59:03,640
Speaker 4: to I want to boost to everybody who's reached out

1291
00:59:03,720 --> 00:59:06,520
Speaker 4: to a fellow black end or brown person, especially a woman,

1292
00:59:06,800 --> 00:59:09,000
Speaker 4: and said, let me bring you into this mix because

1293
00:59:09,000 --> 00:59:11,160
Speaker 4: your name deserves to be on this table, or let

1294
00:59:11,240 --> 00:59:14,160
Speaker 4: me make sure that you know I add your handle

1295
00:59:14,240 --> 00:59:16,480
Speaker 4: to this list of creators that needs to be considered

1296
00:59:16,480 --> 00:59:17,040
Speaker 4: for this thing.

1297
00:59:17,360 --> 00:59:19,520
Speaker 1: That's just what I'm thinking about today. So I'm grateful

1298
00:59:19,520 --> 00:59:20,960
Speaker 1: for all the people that know how to reach out

1299
00:59:20,960 --> 00:59:22,160
Speaker 1: and around and bring people in.

1300
00:59:22,960 --> 00:59:26,080
Speaker 3: I love that that's everything that Brown Ambition stands for, right.

1301
00:59:26,120 --> 00:59:28,200
Speaker 3: I mean, that's the reason we started this podcast. It's

1302
00:59:28,240 --> 00:59:30,520
Speaker 3: probably the reason you started. Hey, Berna and Hella helpful

1303
00:59:31,240 --> 00:59:34,160
Speaker 3: and thank you too, because it takes a village and

1304
00:59:34,200 --> 00:59:36,959
Speaker 3: we all have our little villages, and it doesn't serve

1305
00:59:37,000 --> 00:59:39,800
Speaker 3: anybody to think that you can do it alone. That

1306
00:59:39,920 --> 00:59:44,880
Speaker 3: just leads to agony and pain and stress and anxiety.

1307
00:59:45,000 --> 00:59:46,400
Speaker 3: You need to like share the burden.

1308
00:59:46,960 --> 00:59:47,919
Speaker 1: Yes, one hundred percent.

1309
00:59:47,960 --> 00:59:50,400
Speaker 4: I'm always trying to think of the fact that, you know,

1310
00:59:50,440 --> 00:59:53,280
Speaker 4: my own ancestors, again being Filipino, they did so many

1311
00:59:53,280 --> 00:59:56,800
Speaker 4: more things in community than as an individual, and I'm

1312
00:59:56,800 --> 00:59:59,440
Speaker 4: trying to keep that while I'm creating these things that

1313
00:59:59,440 --> 01:00:02,840
Speaker 4: feel verydividual upbook, you know, other projects and stuff like that,

1314
01:00:02,880 --> 01:00:05,520
Speaker 4: And like, my ancestors rock shit out in community, and

1315
01:00:05,520 --> 01:00:08,000
Speaker 4: I think they had it. They had it right as

1316
01:00:08,040 --> 01:00:13,720
Speaker 4: opposed to this American individualistic colonizer bs bust out, bust out.

1317
01:00:14,400 --> 01:00:16,280
Speaker 3: I love that. Well, thank you. I'm so glad to

1318
01:00:16,280 --> 01:00:18,760
Speaker 3: be I consider myself I've pushed as much as you

1319
01:00:18,760 --> 01:00:20,360
Speaker 3: think I pulled you in. I'm just put I'm just

1320
01:00:20,400 --> 01:00:24,640
Speaker 3: inserting myself into your orbit because I need more of this.

1321
01:00:24,640 --> 01:00:27,200
Speaker 3: This is what I've been missing. It's just conversations with

1322
01:00:27,800 --> 01:00:30,760
Speaker 3: other creators, other people passionate about the same thing I am,

1323
01:00:30,760 --> 01:00:33,880
Speaker 3: and other people with unique voices. And this isn't technically

1324
01:00:33,960 --> 01:00:36,040
Speaker 3: my boost, but I do want to boost a very

1325
01:00:36,600 --> 01:00:39,760
Speaker 3: moving message that you posted an IG I think a

1326
01:00:39,800 --> 01:00:42,320
Speaker 3: few months ago when it was maybe the peak of

1327
01:00:42,520 --> 01:00:48,120
Speaker 3: violence against Asian American and Pacific Islander AAPI communities in

1328
01:00:48,160 --> 01:00:50,960
Speaker 3: this country, and your message was so powerful to me.

1329
01:00:51,120 --> 01:00:56,720
Speaker 3: And I think this year was it was it was

1330
01:00:56,760 --> 01:00:59,440
Speaker 3: really easy to just you know, keep your eye, keep

1331
01:00:59,480 --> 01:01:01,280
Speaker 3: your eye and your lane. You know, last summer was

1332
01:01:01,320 --> 01:01:03,960
Speaker 3: so hard. The whole the whole fucking year was just

1333
01:01:04,280 --> 01:01:07,240
Speaker 3: a crapshoot. But that was a real lesson for me

1334
01:01:07,360 --> 01:01:10,880
Speaker 3: to also look outside of my own identity and look

1335
01:01:10,920 --> 01:01:14,640
Speaker 3: at how the world is impacting other you know, marginalized people,

1336
01:01:14,800 --> 01:01:16,920
Speaker 3: and reach out to friends of mine who might be

1337
01:01:16,920 --> 01:01:19,560
Speaker 3: impacted and try to do it in a mindful way.

1338
01:01:19,680 --> 01:01:22,400
Speaker 3: And and I just so I thank you for that,

1339
01:01:22,560 --> 01:01:25,120
Speaker 3: for for taking that time to go off script and

1340
01:01:25,160 --> 01:01:27,439
Speaker 3: to share what was on your heart. And I hope

1341
01:01:27,440 --> 01:01:30,960
Speaker 3: that you continue to be just as authentic and amazing

1342
01:01:31,280 --> 01:01:33,920
Speaker 3: as you are and really sit with the knowledge that

1343
01:01:34,720 --> 01:01:37,720
Speaker 3: just because it's not you're not for everyone, and maybe

1344
01:01:37,760 --> 01:01:40,439
Speaker 3: appealing to everyone that is not what we're doing this for.

1345
01:01:40,880 --> 01:01:43,840
Speaker 3: It's really about unapologetically talking to people who look like

1346
01:01:43,920 --> 01:01:48,960
Speaker 3: us and saying, you know, f the norm and you're wonderful.

1347
01:01:49,400 --> 01:01:50,040
Speaker 1: Oh thank you.

1348
01:01:50,240 --> 01:01:52,320
Speaker 4: So, I mean that's like again, this is why I

1349
01:01:52,400 --> 01:01:54,800
Speaker 4: was like, it's time, Like I'm of all the things

1350
01:01:54,840 --> 01:01:56,440
Speaker 4: I could be doing outside of bookleeve, I'm like, I

1351
01:01:56,440 --> 01:01:58,400
Speaker 4: can't let this go by. This is the platform that

1352
01:01:58,520 --> 01:02:00,080
Speaker 4: understand that, the community that gets it.

1353
01:02:00,160 --> 01:02:00,600
Speaker 1: So thank you.

1354
01:02:00,720 --> 01:02:03,160
Speaker 3: Let me be your hype woman for just then. Okay,

1355
01:02:03,920 --> 01:02:06,840
Speaker 3: I can't work, but I mean I can to work,

1356
01:02:06,840 --> 01:02:08,040
Speaker 3: but I'm going to say I'm not going to do

1357
01:02:08,080 --> 01:02:10,840
Speaker 3: that right now. I want to do a quick break

1358
01:02:11,200 --> 01:02:13,160
Speaker 3: because I can't let this be. I can't let this

1359
01:02:13,240 --> 01:02:14,720
Speaker 3: go and I'm hoping that I know you said that

1360
01:02:14,760 --> 01:02:16,720
Speaker 3: you're in a book cave. I don't know if you've

1361
01:02:16,760 --> 01:02:19,800
Speaker 3: been on the socials lately, but Chrissy Teagan was canceled.

1362
01:02:20,480 --> 01:02:23,880
Speaker 3: Have you heard of this recently? I'm like, again, she

1363
01:02:24,120 --> 01:02:27,160
Speaker 3: was no, So she's been canceled kind of for I

1364
01:02:27,360 --> 01:02:29,680
Speaker 3: like telling a poor woman to like go kill herself

1365
01:02:29,680 --> 01:02:32,040
Speaker 3: and all these things on social media. She came out

1366
01:02:32,040 --> 01:02:35,760
Speaker 3: with this long as apology note on IG today. I'm

1367
01:02:35,800 --> 01:02:37,960
Speaker 3: sure you haven't had a chance to read it, but

1368
01:02:38,200 --> 01:02:42,480
Speaker 3: I wanted to take a break for well one, cyberbullying

1369
01:02:42,520 --> 01:02:44,600
Speaker 3: in general, and I think as two women who live

1370
01:02:44,640 --> 01:02:48,040
Speaker 3: on the internets and especially on social media, when you're

1371
01:02:48,080 --> 01:02:50,960
Speaker 3: trying to enter a space that traditionally has not been

1372
01:02:51,000 --> 01:02:53,880
Speaker 3: for you, the trolls are alive and well and I've

1373
01:02:53,920 --> 01:02:56,880
Speaker 3: had my first taste of this really on TikTok and

1374
01:02:57,440 --> 01:03:01,640
Speaker 3: to have me Chrissy. They're so mean, they really are,

1375
01:03:01,680 --> 01:03:05,560
Speaker 3: and to other women especially, it's especially women talking about

1376
01:03:05,600 --> 01:03:10,000
Speaker 3: finance and the patriarchy and all these things. But yeah,

1377
01:03:10,000 --> 01:03:11,800
Speaker 3: I just wanted to talk about that because I mean

1378
01:03:11,880 --> 01:03:16,640
Speaker 3: Chrissy as someone who it just shows that trying to

1379
01:03:16,680 --> 01:03:19,360
Speaker 3: be the first to be witty and funny on social media,

1380
01:03:19,720 --> 01:03:22,960
Speaker 3: it's almost like using that power to drag people down,

1381
01:03:23,400 --> 01:03:26,120
Speaker 3: to especially other women. It really. I know that she's

1382
01:03:26,160 --> 01:03:29,960
Speaker 3: apologized now, but I just wanted to take a moment

1383
01:03:30,000 --> 01:03:32,960
Speaker 3: to acknowledge the impact, like the real feelings that are

1384
01:03:33,000 --> 01:03:34,640
Speaker 3: out there on the Internet and the fact that we're

1385
01:03:34,640 --> 01:03:36,960
Speaker 3: all out there creating content. But we have feelings too,

1386
01:03:37,120 --> 01:03:40,360
Speaker 3: And I hate for someone who has an image of

1387
01:03:40,400 --> 01:03:45,080
Speaker 3: being so, you know, so welcoming and so funny and

1388
01:03:45,200 --> 01:03:48,560
Speaker 3: charismatic and amazing and the beautiful children and superstar husband

1389
01:03:48,600 --> 01:03:50,480
Speaker 3: and all that kind of stuff, Why does she need

1390
01:03:50,480 --> 01:03:53,640
Speaker 3: to take someone down if someone like that feels small

1391
01:03:53,720 --> 01:03:57,000
Speaker 3: enough on the inside to tell others. And in her message,

1392
01:03:57,000 --> 01:03:59,320
Speaker 3: she admits that there's not just this one instance that

1393
01:03:59,360 --> 01:04:02,800
Speaker 3: was recently made public. There's more people like victims of

1394
01:04:02,800 --> 01:04:05,640
Speaker 3: her own cyber bullying. We just have we have to

1395
01:04:05,680 --> 01:04:07,960
Speaker 3: hold people accountable for it. I don't want to wish

1396
01:04:08,040 --> 01:04:11,360
Speaker 3: anyone ill, but I'm genuinely like, I'm raising a child

1397
01:04:11,840 --> 01:04:14,120
Speaker 3: who eventually will be who knows what the internet will

1398
01:04:14,160 --> 01:04:17,600
Speaker 3: be when he's old enough to use devices. But I

1399
01:04:17,880 --> 01:04:19,960
Speaker 3: just I don't know what to do about like the

1400
01:04:20,040 --> 01:04:22,960
Speaker 3: cyber bullying. But it is so and especially if you're

1401
01:04:23,000 --> 01:04:24,920
Speaker 3: reaching young people like you say that you are with

1402
01:04:24,960 --> 01:04:28,040
Speaker 3: your book. I mean, this is a real it's a

1403
01:04:28,080 --> 01:04:30,040
Speaker 3: real danger, and it's a real, I don't know, its

1404
01:04:30,080 --> 01:04:33,320
Speaker 3: own little epidemic or pandemic, whatever the right phrase is.

1405
01:04:34,840 --> 01:04:36,760
Speaker 3: But how has that impacted you? Do you have a

1406
01:04:37,400 --> 01:04:39,120
Speaker 3: do you have trolls or do you just kind of

1407
01:04:39,160 --> 01:04:40,959
Speaker 3: have a way of filtering that out?

1408
01:04:41,600 --> 01:04:41,800
Speaker 2: Oh?

1409
01:04:41,840 --> 01:04:42,680
Speaker 3: Both are creating.

1410
01:04:43,120 --> 01:04:45,760
Speaker 1: Absolutely, we have trolls. Oh my gosh, definitely have trolls.

1411
01:04:45,800 --> 01:04:49,000
Speaker 4: Basically from the day that I started talking about my

1412
01:04:49,040 --> 01:04:52,000
Speaker 4: money life, which I'm sure you've experienced, and especially I'm

1413
01:04:52,000 --> 01:04:54,960
Speaker 4: sure you're experiencing on TikTok is. When a woman or

1414
01:04:54,960 --> 01:04:57,040
Speaker 4: a person of color or a woman of color opens

1415
01:04:57,080 --> 01:04:59,760
Speaker 4: their mouth about a hella male hell a pale hell

1416
01:04:59,840 --> 01:05:03,640
Speaker 4: is dale formally thing the hella mail pale stales, and

1417
01:05:03,720 --> 01:05:07,040
Speaker 4: those who represent or want to protect their interests come out.

1418
01:05:07,200 --> 01:05:09,760
Speaker 1: They just come out with fists.

1419
01:05:09,560 --> 01:05:12,440
Speaker 4: Because how dare you try to give advice to other

1420
01:05:12,480 --> 01:05:14,640
Speaker 4: people who look and sound like you that doesn't cater

1421
01:05:15,080 --> 01:05:19,200
Speaker 4: and center the white man, which is what most finance

1422
01:05:19,240 --> 01:05:23,400
Speaker 4: advice does. When we center ourselves in this work, people

1423
01:05:23,440 --> 01:05:27,040
Speaker 4: get really get their feelings hurt. And so I've definitely

1424
01:05:27,040 --> 01:05:29,360
Speaker 4: gotten trolls of people who are saying like I don't

1425
01:05:29,360 --> 01:05:33,080
Speaker 4: know what I'm talking about, or I made stupid financial decisions.

1426
01:05:33,160 --> 01:05:35,120
Speaker 4: Even if both those things were true, doesn't mean I

1427
01:05:35,160 --> 01:05:38,520
Speaker 4: have to shut up when I, like you said, spoke out.

1428
01:05:38,720 --> 01:05:41,480
Speaker 4: If I ever speak out and kind of step outside

1429
01:05:41,480 --> 01:05:43,600
Speaker 4: of my quote unquote lane of finance, and I talk

1430
01:05:43,640 --> 01:05:46,560
Speaker 4: about race, I talk about my experiences, I talk about

1431
01:05:46,960 --> 01:05:49,880
Speaker 4: the liberation of black people, I talk about stop harassing

1432
01:05:49,920 --> 01:05:53,320
Speaker 4: Asian people, the trolls really come out and what I've

1433
01:05:53,400 --> 01:05:56,760
Speaker 4: found to be true when you're an Internet creator and

1434
01:05:57,320 --> 01:05:59,120
Speaker 4: is clearly true even when you're someone as big as

1435
01:05:59,200 --> 01:06:02,320
Speaker 4: Chrissy Teakan. No one has given us any classes and

1436
01:06:02,600 --> 01:06:05,520
Speaker 4: how to act on the Internet, and there are a

1437
01:06:05,520 --> 01:06:08,080
Speaker 4: lot of people out there just like growing their unhealed

1438
01:06:08,160 --> 01:06:11,120
Speaker 4: trauma at each other. People think that we can say

1439
01:06:11,160 --> 01:06:13,280
Speaker 4: things and do things to each other either on Twitter

1440
01:06:13,320 --> 01:06:15,640
Speaker 4: or in the DMS, that you would never actually do

1441
01:06:15,800 --> 01:06:19,480
Speaker 4: to human face to face. And so I've learned a

1442
01:06:19,480 --> 01:06:22,040
Speaker 4: lot from especially many of my activist friends on ig

1443
01:06:22,720 --> 01:06:25,520
Speaker 4: how to draw your boundaries with people on the internet

1444
01:06:25,560 --> 01:06:28,280
Speaker 4: who don't know who you are, how to say, hey,

1445
01:06:28,840 --> 01:06:31,120
Speaker 4: I have created a list of boundaries, and if you're

1446
01:06:31,160 --> 01:06:32,960
Speaker 4: a new person and if you want to interact with me,

1447
01:06:33,280 --> 01:06:35,880
Speaker 4: you have to see this list of boundaries I've created.

1448
01:06:36,240 --> 01:06:38,280
Speaker 4: One of them is you can't DM me if I

1449
01:06:38,280 --> 01:06:40,200
Speaker 4: don't know you. If I'm not in relationship with you,

1450
01:06:40,240 --> 01:06:42,360
Speaker 4: and you're about to DM me with your opinion, stop,

1451
01:06:42,560 --> 01:06:44,520
Speaker 4: I don't want it. You don't know how to act

1452
01:06:44,560 --> 01:06:47,320
Speaker 4: with me, and so it's not going to be a dialogue. Two,

1453
01:06:47,840 --> 01:06:51,400
Speaker 4: I do dialogues. I don't do Suddenly, I'm your garbage

1454
01:06:51,400 --> 01:06:53,480
Speaker 4: can for everything you think about Asian people or everything

1455
01:06:53,480 --> 01:06:55,960
Speaker 4: you think about brown people. I don't do while this

1456
01:06:56,000 --> 01:06:59,200
Speaker 4: message should have really gone to your therapist. I do dialogues.

1457
01:06:59,200 --> 01:07:01,080
Speaker 4: That's an exchange of information. If you don't know what

1458
01:07:01,080 --> 01:07:03,640
Speaker 4: that is, I will not respond to your DM three.

1459
01:07:03,760 --> 01:07:06,000
Speaker 4: It's like, you know, these are the way like if

1460
01:07:06,040 --> 01:07:09,040
Speaker 4: I'm sharing my personal experience and I did not ask

1461
01:07:09,040 --> 01:07:10,680
Speaker 4: for your opinion, don't give it to me.

1462
01:07:11,080 --> 01:07:14,000
Speaker 1: These things feel very normal.

1463
01:07:13,680 --> 01:07:16,160
Speaker 4: If I were to see, like have coffee with you, Mandy,

1464
01:07:16,280 --> 01:07:20,360
Speaker 4: like in real life. But we lose our brains when

1465
01:07:20,400 --> 01:07:22,200
Speaker 4: it comes to the Internet. And it goes to show

1466
01:07:22,240 --> 01:07:25,120
Speaker 4: also that you can be the most famous, the most beautiful,

1467
01:07:25,440 --> 01:07:28,080
Speaker 4: the most visible, and you still don't know how to

1468
01:07:28,120 --> 01:07:30,200
Speaker 4: draw boundaries with yourself, and you still don't know how

1469
01:07:30,240 --> 01:07:32,080
Speaker 4: to like remember there's a human on the other side

1470
01:07:32,120 --> 01:07:34,200
Speaker 4: of the thing. So that's the number one thing to

1471
01:07:34,200 --> 01:07:40,080
Speaker 4: people lose their humanity so easily. And it's important, tiring,

1472
01:07:40,400 --> 01:07:42,800
Speaker 4: but important to let people know where your boundaries are

1473
01:07:42,880 --> 01:07:44,920
Speaker 4: on the Internet because clearly some people don't know how

1474
01:07:44,960 --> 01:07:45,280
Speaker 4: to act.

1475
01:07:45,840 --> 01:07:47,360
Speaker 3: The one thing that you said that struck me that

1476
01:07:47,360 --> 01:07:49,840
Speaker 3: I hope people take away from it is recognizing that

1477
01:07:49,880 --> 01:07:52,200
Speaker 3: it's not about you, it is someone else throwing I

1478
01:07:52,200 --> 01:07:55,000
Speaker 3: think you said, they're unhealed trauma at you. Hurt people,

1479
01:07:55,040 --> 01:07:57,800
Speaker 3: hurt people. It's as simple as that. And I don't

1480
01:07:57,800 --> 01:08:01,920
Speaker 3: want to as more of us. Men of color, even

1481
01:08:02,000 --> 01:08:04,280
Speaker 3: you know men of color too, are out there sharing

1482
01:08:04,320 --> 01:08:07,880
Speaker 3: our povs, sharing our voices. And believe me, corporate America

1483
01:08:07,920 --> 01:08:11,400
Speaker 3: wants us. They say they want us, right, but there ain't.

1484
01:08:11,480 --> 01:08:13,280
Speaker 3: There are not always ready for us. And we have

1485
01:08:13,360 --> 01:08:15,760
Speaker 3: to really take care of ourselves because wherever you go,

1486
01:08:15,960 --> 01:08:18,200
Speaker 3: the trolls will be there, and you need to sort

1487
01:08:18,240 --> 01:08:21,360
Speaker 3: of have your you know, have your mental health process

1488
01:08:21,360 --> 01:08:24,200
Speaker 3: and check whatever that is for you. Everyone's got their

1489
01:08:24,240 --> 01:08:26,280
Speaker 3: own way, but just getting to a good place where

1490
01:08:26,280 --> 01:08:28,720
Speaker 3: you really know yourself and you're comfortable with yourself. Like

1491
01:08:28,760 --> 01:08:31,840
Speaker 3: it sounds like Berna, obviously you really are, and that's

1492
01:08:31,880 --> 01:08:34,280
Speaker 3: not always easy for some people. But that is the

1493
01:08:34,800 --> 01:08:37,479
Speaker 3: biggest thing. It is not it's not your stuff. You

1494
01:08:37,560 --> 01:08:40,679
Speaker 3: keep doing what you're doing. Like trolls be damned, they're

1495
01:08:40,680 --> 01:08:42,320
Speaker 3: going to be there, but it's not about you. It's

1496
01:08:42,320 --> 01:08:44,760
Speaker 3: about them, and just try not to engage with them

1497
01:08:44,960 --> 01:08:49,120
Speaker 3: and keep keep creating, creating and thriving because that's what

1498
01:08:49,120 --> 01:08:52,920
Speaker 3: we're both here to do. Yep, absolutely, I forgot we're

1499
01:08:52,920 --> 01:08:55,000
Speaker 3: talking to us like it's just.

1500
01:08:54,960 --> 01:08:55,920
Speaker 1: You and me in this world?

1501
01:08:56,320 --> 01:08:59,439
Speaker 4: Is me and you in your zen den But I

1502
01:08:59,600 --> 01:09:02,200
Speaker 4: totally on and all of that. It's and it's funny

1503
01:09:02,240 --> 01:09:05,639
Speaker 4: because the more you are genuine and true to your

1504
01:09:05,680 --> 01:09:08,920
Speaker 4: own message, I think the more trolls can sort of

1505
01:09:09,000 --> 01:09:10,920
Speaker 4: sense that. I feel like I've gotten more trolls, the

1506
01:09:11,000 --> 01:09:13,800
Speaker 4: more genuine you are with your voice. And so it's

1507
01:09:13,800 --> 01:09:15,640
Speaker 4: like the further you get out there, the more you

1508
01:09:15,680 --> 01:09:17,639
Speaker 4: have to be clear about your boundaries and let folks

1509
01:09:17,640 --> 01:09:18,599
Speaker 4: know where they can't step.

1510
01:09:18,840 --> 01:09:20,559
Speaker 1: But doesn't doesn't mean you stop creating.

1511
01:09:21,160 --> 01:09:23,280
Speaker 3: When it comes to you, Berna, there is no boundary.

1512
01:09:23,560 --> 01:09:26,840
Speaker 3: I like, as far as like you know, we were

1513
01:09:26,880 --> 01:09:29,200
Speaker 3: to live, we tight now it's all love. Thank you

1514
01:09:29,360 --> 01:09:31,080
Speaker 3: so much for co hosting with me.

1515
01:09:32,000 --> 01:09:34,679
Speaker 1: Thank you, thank you for making this dream come true.

1516
01:09:34,720 --> 01:09:37,360
Speaker 3: I oh my god, I relieve just let I don't

1517
01:09:37,400 --> 01:09:38,599
Speaker 3: believe you no.

1518
01:09:38,640 --> 01:09:42,879
Speaker 4: For real, for real, Like if you ask my Spotify, Unleashed, UnrealEd,

1519
01:09:42,920 --> 01:09:44,519
Speaker 4: whatever the heck at the end of every year probably

1520
01:09:44,840 --> 01:09:47,479
Speaker 4: for the fast three past three years, past four years,

1521
01:09:47,640 --> 01:09:49,120
Speaker 4: top podcast has been Brown Ambition.

1522
01:09:49,200 --> 01:09:51,720
Speaker 1: So this is my freaking dream. Thank you so much,

1523
01:09:51,800 --> 01:09:52,479
Speaker 1: Kim so much.

1524
01:09:52,520 --> 01:09:55,840
Speaker 3: Well, thank you for being so supportive and for for

1525
01:09:55,960 --> 01:09:59,240
Speaker 3: doing what you do. Again. You're at heyburna dot com

1526
01:09:59,240 --> 01:10:01,599
Speaker 3: anywhere else book and well, they can't find you anywhere now.

1527
01:10:01,640 --> 01:10:04,759
Speaker 3: This is like an exclusive interview on her book.

1528
01:10:04,840 --> 01:10:05,000
Speaker 5: Leave.

1529
01:10:05,080 --> 01:10:07,479
Speaker 3: This is the only place you can find Banna right now.

1530
01:10:07,520 --> 01:10:10,400
Speaker 3: But when are you out of your book leave cave?

1531
01:10:10,479 --> 01:10:11,920
Speaker 3: And then where can folks find you?

1532
01:10:12,600 --> 01:10:15,240
Speaker 4: I am out of my book leave Cave in August.

1533
01:10:15,360 --> 01:10:18,840
Speaker 4: So I give my first draft in the middle of July,

1534
01:10:19,400 --> 01:10:22,080
Speaker 4: and then I basically blackout for two weeks. Who knows

1535
01:10:22,120 --> 01:10:23,439
Speaker 4: where I'm going to be. I'm just going to be

1536
01:10:23,520 --> 01:10:25,679
Speaker 4: face down in my dog, I think, for two weeks,

1537
01:10:26,080 --> 01:10:28,880
Speaker 4: and then in August I'm back out with some cool

1538
01:10:28,920 --> 01:10:32,720
Speaker 4: projects coming. But follow it all on hey Berna on Instagram.

1539
01:10:33,040 --> 01:10:35,080
Speaker 3: All right, I love it all right, Berna? Think you

1540
01:10:35,120 --> 01:10:35,400
Speaker 3: think you?

1541
01:10:35,479 --> 01:10:36,680
Speaker 1: Thank you, Thank you,