WEBVTT - 100 — How to Invest Beyond Your 401(k) 0:00:16.160 --> 0:00:21.080 Hey, hey, hey, it's not my usual vigor. It's been 0:00:21.120 --> 0:00:23.280 a long day. How you good? 0:00:23.560 --> 0:00:25.520 It's been a long day, and Skype is trying its 0:00:25.560 --> 0:00:26.320 earlier today. 0:00:26.760 --> 0:00:28.440 I know. Honestly, Skype is a hater. 0:00:28.720 --> 0:00:31.160 Skype did not want Brown Ambition to happen tonight. 0:00:32.080 --> 0:00:35.640 But Skype lost. Brown Ambition won Whoop whoop because we're 0:00:35.680 --> 0:00:36.920 back and were black and we brown. 0:00:37.800 --> 0:00:38.640 How was your birthday? 0:00:39.400 --> 0:00:43.960 Honestly, it was awesome. So Superman brought me some diamond 0:00:43.960 --> 0:00:46.479 ear rings, which he was so proud. I know. He 0:00:46.520 --> 0:00:48.239 made me open them in front of everybody and like 0:00:48.280 --> 0:00:51.720 good and passed him around because I was like, when 0:00:51.760 --> 0:00:53.199 am I getting my gift? He was like later on 0:00:53.280 --> 0:00:55.480 tonight he was like waiting for more people to come. Oh. 0:00:55.520 --> 0:00:58.160 So part of the gift was also that he invited 0:00:58.280 --> 0:01:00.280 like my family and friends to the house for my 0:01:00.320 --> 0:01:04.200 actual birthday, which was really nice, and he you know, 0:01:04.280 --> 0:01:06.800 got food. He even got like vegan food for me 0:01:06.880 --> 0:01:09.199 for my favorite vegan restaurant, and even a vegan cake. 0:01:09.400 --> 0:01:12.280 It was a chocolate moose cake that was delicious awesome. 0:01:12.680 --> 0:01:14.119 I know, I was like, look at you because once 0:01:14.160 --> 0:01:15.440 I found out at first it was going to be 0:01:15.480 --> 0:01:17.400 a little bit of a surprise, and then I think 0:01:17.400 --> 0:01:18.680 he was just kind of like, well, let me just 0:01:18.720 --> 0:01:20.240 tell her. So once I found out, you know, I 0:01:20.280 --> 0:01:22.560 try to take over and he was like, yeah, so no, 0:01:22.680 --> 0:01:24.760 I'm the project manager. You just sit back. 0:01:26.720 --> 0:01:29.840 Not a gift though, because it's so much it's so 0:01:30.040 --> 0:01:30.920 hard to sit back. 0:01:31.120 --> 0:01:33.080 Yeah. What I was like calling all my friends secretly 0:01:33.120 --> 0:01:36.039 like okay, girl, so you could do it for her, right, 0:01:36.120 --> 0:01:38.200 Like what did he say to brain? Okay, no, this 0:01:38.280 --> 0:01:41.000 is what you need to do. But it was great, 0:01:41.000 --> 0:01:43.000 and especially when we opened up. He was like open 0:01:43.080 --> 0:01:44.600 up the present and I could barely look at that 0:01:44.680 --> 0:01:47.039 before he took them, was like passing them around the table. 0:01:47.080 --> 0:01:51.360 I'm like, honestly, okay, sorry, no, yeah, but honestly, it 0:01:51.440 --> 0:01:53.880 was an awesome, awesome, awesome birthday. 0:01:54.280 --> 0:01:55.600 Oh happy birthday. 0:01:56.040 --> 0:01:59.640 Yes oooh child. So you know it's so crazy, you 0:01:59.640 --> 0:02:01.640 know how week like I talked about the and I 0:02:01.680 --> 0:02:06.920 know you got some male about that that almost rape 0:02:06.920 --> 0:02:10.120 moment that I had back when I was like in college. 0:02:10.440 --> 0:02:11.280 Oh right, last so. 0:02:11.400 --> 0:02:13.400 Last week on the show, we were talking about all 0:02:13.440 --> 0:02:14.760 the Harvey Weinstein stuff. 0:02:14.800 --> 0:02:15.600 Just in case y'all. 0:02:16.960 --> 0:02:22.440 And Tiffany, you opened up about a really strange, scary, 0:02:22.520 --> 0:02:23.720 like sexual encounter you had. 0:02:23.800 --> 0:02:23.960 Mom? 0:02:24.040 --> 0:02:24.840 Was that in college? 0:02:25.360 --> 0:02:27.640 Yeah? It was like yeah, I think I had to 0:02:27.639 --> 0:02:31.760 be maybe a freshman in college and then so I 0:02:31.800 --> 0:02:33.200 wasn't rape. For those of you are like, what, so 0:02:33.280 --> 0:02:36.639 listen to the show before, but I then then to 0:02:36.720 --> 0:02:39.200 home me too. So this was relating back to kind 0:02:39.240 --> 0:02:42.400 of like what's happening now. There's this campaign going around 0:02:43.360 --> 0:02:47.520 called me Too, where women are sharing their own sexual 0:02:47.560 --> 0:02:51.200 harassment or rape or molestation or whatever that looks like. 0:02:51.240 --> 0:02:55.320 And it's so powerful in that seeing women that I 0:02:55.400 --> 0:02:58.639 know and I'm like really seeing their stories and it's 0:02:58.720 --> 0:03:01.200 I don't know that any woman has not said basically 0:03:01.280 --> 0:03:04.080 me too. Hashtag me too. It's just been really powerful. 0:03:04.120 --> 0:03:04.760 Have you seen it? 0:03:05.000 --> 0:03:07.400 Oh yeah, I mean how could you miss it? I 0:03:07.440 --> 0:03:09.880 mean it's sadly, how could you miss it? It seems like 0:03:10.400 --> 0:03:13.919 half the women I'm on my Facebook feed, you know, 0:03:14.200 --> 0:03:16.639 are either writing it's It's nice because it's such a 0:03:16.680 --> 0:03:19.800 simple hashtag and it leaves it leaves you with the 0:03:19.840 --> 0:03:21.639 ability to not have to say too much, like you 0:03:21.680 --> 0:03:23.880 can just say me too, but not have to expand 0:03:23.919 --> 0:03:26.560 on it. But then some of my friends and colleagues 0:03:26.600 --> 0:03:30.760 and family have been like, you know, taking an opportunity 0:03:30.840 --> 0:03:34.320 to share, you know, more details and stuff. 0:03:34.360 --> 0:03:40.760 But yeah, it is so this is kind of I'm 0:03:40.800 --> 0:03:41.920 just like, did you see did you hear about the 0:03:41.960 --> 0:03:47.600 story about American Airlines? And uh, Tamika said, Tamika Maori 0:03:47.720 --> 0:03:52.840 this is her name. She is a No, it's Tamika, 0:03:53.080 --> 0:03:55.080 that's what it is. She's a black activist. So I 0:03:55.080 --> 0:03:57.240 guess I'm just thinking this is just coming out that, like, 0:03:57.320 --> 0:04:00.440 she was booted from an American Airlines plane. Now they 0:04:00.440 --> 0:04:05.120 have this big well she's starting kind of like a campaign, 0:04:05.200 --> 0:04:07.800 I guess against American Airlines. So apparently she tried to 0:04:07.840 --> 0:04:11.040 switch her seat, wasn't able to. I guess a pilot 0:04:11.080 --> 0:04:13.080 overheard her going back and forth with the gate agent, 0:04:13.640 --> 0:04:15.600 so after she would seated, so I guess at a 0:04:15.640 --> 0:04:19.520 Kiosk she switched her seat from middle to aisle but 0:04:19.600 --> 0:04:21.560 it didn't take at the gate, so she was going 0:04:21.600 --> 0:04:23.159 back and forth with the gate agent like no, no, I 0:04:23.200 --> 0:04:25.360 had an aisle seat, a middle seat or whatever. The 0:04:25.400 --> 0:04:30.040 pilot overheard and I guess when she got seated, then 0:04:30.120 --> 0:04:32.640 had her removed. This is like after they she went 0:04:32.640 --> 0:04:34.720 back and forth with the gate agent. So anyway, it's 0:04:34.760 --> 0:04:36.360 just kind of random, and I was just like, what, 0:04:36.800 --> 0:04:41.640 you would think these airlines would be more more careful 0:04:42.040 --> 0:04:46.880 these days about removing people, Like not just for me 0:04:46.920 --> 0:04:48.960 reading it now, of course I'm not hearing what American 0:04:49.000 --> 0:04:51.039 Airlines is having to say, but reading it now, it 0:04:51.080 --> 0:04:52.839 seems like so petty, but you would think that they'd 0:04:52.880 --> 0:04:55.680 be more careful with how they've been sued so many 0:04:55.760 --> 0:04:59.360 times for improper removing people, improperly removing people. One of 0:04:59.400 --> 0:05:01.440 my friends worked for an airline, so whenever something like 0:05:01.480 --> 0:05:04.240 this happens, I always ask him, like, you know, so 0:05:04.440 --> 0:05:07.239 like what you know, did they did they follow a procedure? 0:05:07.320 --> 0:05:09.320 What could what? What they what were they allowed to 0:05:09.360 --> 0:05:11.560 do or not allowed to do? And his his insights 0:05:11.560 --> 0:05:13.880 always really interesting when he's like, oh, yeah, they totally 0:05:13.920 --> 0:05:17.279 messed up or actually that's the procedure and unfortunately just 0:05:17.320 --> 0:05:20.120 went left. So yeah, that's airlines. 0:05:20.160 --> 0:05:22.000 Well, I mean, it's not just the airlines, it's like 0:05:22.040 --> 0:05:26.640 the people working, you know, it's like the PR, the 0:05:26.680 --> 0:05:29.440 PR person that the airline definitely would handle it differently, 0:05:29.480 --> 0:05:31.960 but like when it's down to like the individual at 0:05:32.000 --> 0:05:35.359 the gate and like and who they're hiring and like 0:05:35.400 --> 0:05:36.000 so many. 0:05:35.760 --> 0:05:39.560 People it is, especially you know, it's not easy. I mean, 0:05:39.760 --> 0:05:42.120 I'm not saying that American I didn't make a mistake, 0:05:42.680 --> 0:05:48.200 but customer support and service can be because you know everyone, 0:05:48.880 --> 0:05:52.400 he's just so many personalities to deal with, and you know, 0:05:52.720 --> 0:05:54.919 just managing that, like the person before might have just 0:05:54.960 --> 0:05:56.599 yelled at you. The other person is like, I'm going 0:05:56.680 --> 0:06:00.200 to get you fired, and it's just so much. Don't 0:06:00.200 --> 0:06:02.040 even know how I mean. I guess you could say 0:06:02.080 --> 0:06:04.960 I work in customer support in some ways, and sometimes 0:06:04.960 --> 0:06:10.560 I'm like, I'm all right on the other side, Yeah, well, 0:06:10.600 --> 0:06:12.800 being on the side of like service, you know, because 0:06:12.839 --> 0:06:15.040 like you'll try to serve somebody, Yo, there is no 0:06:15.520 --> 0:06:18.440 what is that saying about? Like no good deed goes unpunished. 0:06:19.400 --> 0:06:23.719 Like literally, I could give something like, hey, guys, I'm 0:06:23.720 --> 0:06:26.320 going to give you this present. It's so great here 0:06:26.360 --> 0:06:29.040 and it's totally free. It will change your life, and 0:06:29.080 --> 0:06:32.680 somebody will still be like it's not purple though, and 0:06:32.720 --> 0:06:37.599 I'm like, what like it? Somebody will complain about something 0:06:37.720 --> 0:06:40.600 so random of this free gift. Oh. I remember one 0:06:40.600 --> 0:06:43.000 time a woman signed up for my Live Ritual Challenge, 0:06:43.040 --> 0:06:45.960 which is completely free and it's already years in, so 0:06:46.000 --> 0:06:47.400 you know, in the beginning, I can understand people are 0:06:47.400 --> 0:06:49.840 a little sketchy about like, oh, is this really free 0:06:50.000 --> 0:06:51.960 or is it like fake free? When they're like psyche, 0:06:52.040 --> 0:06:54.039 got you. But it's like year four now, so there's 0:06:54.040 --> 0:06:56.520 no gotcha, gotcha. And so she wanted a one on 0:06:56.520 --> 0:06:59.719 one so she emailed and me was like, hey, you 0:06:59.760 --> 0:07:02.880 know I'm doing the challenge. I have a question. Can 0:07:02.960 --> 0:07:05.000 I can I get a phone call? And I was like, 0:07:05.040 --> 0:07:07.880 you know, unfortunately, because there's so many women at this time, 0:07:07.960 --> 0:07:10.360 it was a few hundred thousand, and you know that 0:07:10.440 --> 0:07:11.920 I can't do one on one phone call. But you 0:07:12.240 --> 0:07:14.640 police post in the group because there's literally hundreds of 0:07:14.640 --> 0:07:17.280 thousands of women and someone has the answer for you. 0:07:17.720 --> 0:07:19.920 And she wrote back, and I'll never forget this. I 0:07:19.920 --> 0:07:24.080 remember looking at the screen and blinking, Well, clearly, this 0:07:24.120 --> 0:07:26.720 is not a program for me. If you can't take 0:07:26.760 --> 0:07:28.240 the time out of your day to get on the 0:07:28.240 --> 0:07:31.920 phone to help somebody, I think I'll remove myself. I'm 0:07:32.000 --> 0:07:36.760 like from the from the free program. Like I was 0:07:36.760 --> 0:07:41.000 thinking to myself, ma'am, I'm literally this is okay. You 0:07:41.000 --> 0:07:43.200 could leave. I'd prefer if you don't. But I'm like, 0:07:43.240 --> 0:07:45.320 it's a free problem. Why are you mad at me 0:07:45.400 --> 0:07:48.880 because I won't take a call from all three hundred 0:07:48.880 --> 0:07:50.920 thousand women who hit me up. That's why I created 0:07:50.920 --> 0:07:54.840 the group, because I kept getting so many requests to 0:07:54.920 --> 0:07:56.680 talk that I said, there has to be a way 0:07:56.920 --> 0:07:59.040 that people still get help if I can't speak to 0:07:59.080 --> 0:08:02.680 anyone individually, everyone individually, and so it's like you still 0:08:02.720 --> 0:08:05.280 get the help for free, no matter what. And so 0:08:05.320 --> 0:08:07.360 I just remember thinking like, wow, you could do a 0:08:07.360 --> 0:08:09.320 lot of good, but there's always gonna be somebody who's 0:08:09.360 --> 0:08:11.400 going to be like, I know you gave your arm, 0:08:11.480 --> 0:08:16.320 but you didn't give you a shoulder, you know. Oh 0:08:16.360 --> 0:08:16.960 my gosh. 0:08:17.120 --> 0:08:19.120 Yeah, the service industry. 0:08:18.880 --> 0:08:22.000 Yes, that service industry, it can be well. I mean 0:08:22.200 --> 0:08:24.000 I'm great, so on truth, people are nice. Yeah. So 0:08:24.040 --> 0:08:25.520 I was gonna say like, yeah, I have a lot. 0:08:25.560 --> 0:08:28.720 I mean, ninety nine percent of the dream catches are honestly, 0:08:28.760 --> 0:08:30.400 it's the thing that keeps me going. But then you 0:08:30.440 --> 0:08:32.640 get that one and you're like, girl, get on my inbox. 0:08:34.080 --> 0:08:35.640 Hey did you see the Google doodle today? 0:08:36.360 --> 0:08:36.600 Yes? 0:08:36.800 --> 0:08:42.480 Eelena, I didn't realize today what is it the anniversary 0:08:42.480 --> 0:08:46.679 of her very first album in nineteen What are the 0:08:46.800 --> 0:08:48.240 people what an icon there? 0:08:48.440 --> 0:08:52.160 I know, isn't that so crazy? There's some people who's 0:08:52.600 --> 0:08:54.200 because how old was she? 0:08:54.200 --> 0:08:58.080 She was twenty th twenty four when she died. I 0:08:58.080 --> 0:09:01.079 mean she was like a baby exactly. 0:09:01.200 --> 0:09:03.520 And I mean I wonder what it is about some 0:09:03.600 --> 0:09:06.800 people who are who leaves such a mark on the 0:09:06.800 --> 0:09:10.160 world that they literally change it and are forever remembered, 0:09:10.200 --> 0:09:12.719 you know what I mean, Like, like what is that 0:09:12.760 --> 0:09:15.640 magic sauce that some people have, because like I'm not 0:09:15.720 --> 0:09:19.320 even like into like necessarily, like I'm not sure what 0:09:19.440 --> 0:09:22.600 you would call the music, the type like her genre music. 0:09:23.400 --> 0:09:26.680 It was well, she started out doing tehano music, I think, 0:09:26.720 --> 0:09:28.760 and then she was crossing over into pop music. 0:09:29.400 --> 0:09:31.280 So I'm not like, you know, but still I knew 0:09:31.280 --> 0:09:34.840 about Selena like and her impact. So it just sometimes 0:09:34.880 --> 0:09:37.679 people just leave this mark and it's in, you know, 0:09:37.880 --> 0:09:42.040 it's just forever part of the fabric of I don't know, 0:09:42.200 --> 0:09:46.000 of our culture. And that's Selena. I'm like, oh, man, like, yeah, 0:09:46.120 --> 0:09:48.720 what a beautiful young soul. And You're right, she was 0:09:48.760 --> 0:09:51.560 a baby, and it's such a shame you could use. 0:09:51.440 --> 0:09:52.520 The Selena today. Man. 0:09:53.240 --> 0:09:55.880 I think what she represented too, the combination of culture 0:09:55.960 --> 0:09:59.680 from Mexico to America, because you know, she was grew 0:09:59.720 --> 0:10:02.120 up in Texas, but Mexican American. But that's like a 0:10:02.120 --> 0:10:06.280 different culture than straight Mexican than straight American. And I 0:10:06.280 --> 0:10:11.680 think she represented both worlds so so great, so well, 0:10:12.040 --> 0:10:15.280 and she was like both of ours, and you know, 0:10:15.720 --> 0:10:22.000 represented like a new generation of young Mexican American immigrants. 0:10:22.040 --> 0:10:24.320 And of course she died so young. It's also just 0:10:24.360 --> 0:10:26.360 like the fact of someone dying so young and being 0:10:26.400 --> 0:10:29.160 so bright, like Aliyah, think about Aliah when you think 0:10:29.160 --> 0:10:33.680 about Selena. But if you want to go feel some 0:10:33.920 --> 0:10:36.360 kills and have like a little pick me up, go 0:10:36.480 --> 0:10:38.439 check out the Google all you have until midnight. 0:10:38.600 --> 0:10:39.600 Actually it's over by now. 0:10:39.600 --> 0:10:42.760 When you're listening to this, it's like it's that it's 0:10:42.760 --> 0:10:44.600 gonna be on YouTube though no, no, it's on YouTube. 0:10:44.640 --> 0:10:46.720 If you go to them, they had the video that 0:10:46.760 --> 0:10:47.040 they have. 0:10:47.120 --> 0:10:47.720 Is on YouTube. 0:10:47.720 --> 0:10:48.679 You can just you can go to. 0:10:48.640 --> 0:10:51.680 YouTube and look up Selena Google doodle. 0:10:51.360 --> 0:10:52.120 And the middle pop up. 0:11:00.160 --> 0:11:07.280 Yeah. Okay, do you want to break or do you 0:11:07.400 --> 0:11:10.760 want to boost? Because I won't want to I don't 0:11:10.800 --> 0:11:12.199 know what do I want to do? Break or boost? 0:11:12.200 --> 0:11:13.920 What do you want to do. I want to. 0:11:13.840 --> 0:11:17.520 Break well, I always get torn. I want to do 0:11:17.559 --> 0:11:21.600 a break from more money, more problems. Okay, here's the problem. 0:11:21.880 --> 0:11:26.280 I feel like I'm at that place now where we 0:11:26.400 --> 0:11:28.320 had to have a you know, we had a financial 0:11:28.320 --> 0:11:31.280 planner and she was really useful to us, especially this 0:11:31.400 --> 0:11:34.960 last year. She was a feeling planner, and we would 0:11:35.000 --> 0:11:38.040 pay her a monthly fee for her services, and then 0:11:38.040 --> 0:11:41.040 she would she would come sometimes visit New York to 0:11:41.080 --> 0:11:42.880 meet us in person, and she would just offer a 0:11:42.920 --> 0:11:46.120 lot of advice and help us everything from comparing you know, 0:11:46.200 --> 0:11:49.120 life insurance plans to when we got married, looking at 0:11:49.160 --> 0:11:52.480 our health insurance plans and you know, recommending which one 0:11:52.520 --> 0:11:56.880 to go with, and like really helpful and and anyway, 0:11:58.559 --> 0:12:00.640 so we've had a we had a great year and 0:12:00.679 --> 0:12:04.360 it's been really helpful, you know, having this this this planner. 0:12:04.920 --> 0:12:08.079 But it's like now it's getting to a point. 0:12:07.800 --> 0:12:10.600 Where we have we have our. 0:12:10.480 --> 0:12:13.880 Goals, and we have money in the bank. But she's like, 0:12:13.920 --> 0:12:16.280 you have way too much in cash. And I feel 0:12:16.320 --> 0:12:19.480 like we're becoming that millennial prophecy or like the millennial 0:12:19.520 --> 0:12:22.480 stereotype of like we keep too much in our savings 0:12:22.520 --> 0:12:25.840 because we're afraid of investing. I'm afraid of investing, but 0:12:25.920 --> 0:12:28.160 just like we're hesitant to start investing with our with 0:12:28.160 --> 0:12:31.640 our savings, our cash money. You know a note both 0:12:31.679 --> 0:12:33.199 of us max out our four to one K is 0:12:33.240 --> 0:12:35.280 like we have no problem doing that. But other than that, 0:12:35.840 --> 0:12:39.480 it's always been we're sort of like squirling and hoarding. 0:12:39.520 --> 0:12:42.520 And I say we but really it's me. Yeah, I'm 0:12:42.559 --> 0:12:45.559 sort of like nurturing this little that's like, yeah. 0:12:47.000 --> 0:12:47.600 Little like. 0:12:49.240 --> 0:12:53.440 My fresh it's a white, fluffy cat. 0:12:53.760 --> 0:12:56.160 And I'm like, what do you mean there's too much? 0:12:56.440 --> 0:12:58.840 Yes, oh my god, that must be the millennial like 0:12:59.120 --> 0:13:02.120 because I'm like, I'm generation is an X, right, is 0:13:02.120 --> 0:13:04.480 that what it is? Right before millennial? Yes, But I'm 0:13:04.520 --> 0:13:07.240 like on the I'm like I said generation yes, but 0:13:07.320 --> 0:13:09.400 I'm like a super like I'm on the young side 0:13:09.400 --> 0:13:12.319 of Generation X and that so I have a lot 0:13:12.320 --> 0:13:15.040 of millennial tendencies and that is so me. I've got 0:13:15.040 --> 0:13:17.080 a little stockpile for when the wear from the one 0:13:17.160 --> 0:13:20.840 the war comes, right, I'm ready, you know, I have 0:13:21.080 --> 0:13:24.160 so much cash sitting My financial advisor just looked at 0:13:24.200 --> 0:13:27.680 me like, Tiffany, what are you doing. I'm like, I 0:13:27.720 --> 0:13:30.520 don't know because I am afraid to invest. I'm not 0:13:30.520 --> 0:13:32.440 gonna lie. I do. I have my I have my 0:13:32.559 --> 0:13:35.400 you know, my my retirement fund set up, so the superman. 0:13:35.840 --> 0:13:37.760 But there there is a part of me that it's 0:13:37.800 --> 0:13:41.880 really afraid to like not see the stockpile, you know, 0:13:42.160 --> 0:13:44.480 like no, no, because when the war comes and if 0:13:44.520 --> 0:13:48.120 recession hits, I'm ready. You know, I got my gold 0:13:48.120 --> 0:13:51.800 bars underneath the bed. So no, I totally feel you. 0:13:52.800 --> 0:13:54.840 One of the things that she she gave us a plan, 0:13:54.880 --> 0:13:59.080 an action plan, because she gave us an action plan 0:13:59.240 --> 0:14:03.640 last month, and I've been really like procrastinating and actually 0:14:03.679 --> 0:14:05.920 doing it. But it's actually a plan on how much. 0:14:06.240 --> 0:14:08.560 So a lot of we've gotten this question before. 0:14:08.600 --> 0:14:10.440 You know, after your four oh one. 0:14:10.360 --> 0:14:12.760 K, what are you supposed to do with everything else 0:14:12.760 --> 0:14:14.600 that you earn over your lifetime? And you know you're 0:14:14.600 --> 0:14:17.160 blessed to earn money beyond that point, but like, what 0:14:17.200 --> 0:14:18.840 are you supposed to do with it? How is the 0:14:18.840 --> 0:14:21.920 best way to invest? And she's sort of had I mean, 0:14:21.960 --> 0:14:24.440 everyone's situation is different, but she started off by asking 0:14:24.480 --> 0:14:26.680 us our goals, which is one we want to we 0:14:26.720 --> 0:14:28.800 want to save a down payment for a house. I 0:14:28.800 --> 0:14:32.080 guess in my mind, I've just been stockpiling, stockpiling, stockpiling. 0:14:32.120 --> 0:14:33.480 I live in New York City, so I'm like, oh, 0:14:33.520 --> 0:14:34.760 I don't know how much it's going to be enough 0:14:34.760 --> 0:14:36.920 for house a million dollars. I guess I'll never stop saving. 0:14:37.920 --> 0:14:41.240 But that's not actually true. She you know, crunched the numbers. 0:14:41.240 --> 0:14:43.240 We actually, you know, for our budget. 0:14:43.320 --> 0:14:45.560 We decided how much we actually needed to save for 0:14:45.600 --> 0:14:47.840 a down payment realistically, and then how much we have 0:14:47.960 --> 0:14:50.880 left over when we're going to want to use that 0:14:50.960 --> 0:14:54.040 down payment money, how much we actually want to budget 0:14:54.160 --> 0:14:59.080 for our annual vacationing and those larger expenses that we 0:14:59.120 --> 0:14:59.960 spent throughout the year. 0:15:00.480 --> 0:15:03.040 That was pretty much our only big or two big 0:15:03.080 --> 0:15:04.360 earmarks for savings. 0:15:04.400 --> 0:15:07.120 One for the retire sorry, one for a down payment 0:15:07.120 --> 0:15:11.000 on a house, and two for annual vacations and trips 0:15:11.080 --> 0:15:13.720 because we have, you know, vacations and also like seventy 0:15:13.720 --> 0:15:14.560 five weddings to go. 0:15:14.520 --> 0:15:14.920 To a year. 0:15:14.960 --> 0:15:19.600 Now, outside of that, she's like, you really don't end 0:15:19.640 --> 0:15:22.120 your emergency fund, of course, which is you know, we 0:15:22.200 --> 0:15:26.600 have about six months of income, she suggests a six months. 0:15:26.600 --> 0:15:27.800 I like to keep twelve. 0:15:27.920 --> 0:15:30.280 But we're going back and forth on that maybe we'll 0:15:30.320 --> 0:15:35.120 settle on nine after that. So one is obviously emergency fund, 0:15:35.160 --> 0:15:37.360 two the down payment for the house, three the vacations. 0:15:37.360 --> 0:15:39.840 So once you have that set aside, she's like, now 0:15:39.880 --> 0:15:42.480 with this extra money. And in my mind, I hadn't 0:15:42.480 --> 0:15:45.520 been letting myself spee it as extra. I'd sort of been, 0:15:45.560 --> 0:15:48.600 like I said, just tricking or like telling myself that 0:15:48.640 --> 0:15:50.120 I needed to save all this money for the down 0:15:50.160 --> 0:15:52.400 payment when I don't really need to. And she's like, Okay, 0:15:52.440 --> 0:15:57.880 we're gonna start by create investing in some CBS, which 0:15:57.920 --> 0:15:59.240 is like a baby step above sea. 0:15:59.400 --> 0:16:02.040 Yeah, and that's what See he told me that to Frank. Okay, 0:16:02.040 --> 0:16:04.720 I'm listening it. I'm like, oh, Frank said that, Okay, okay. 0:16:04.840 --> 0:16:07.640 So CDs for you guys. So CDs was a CD 0:16:07.840 --> 0:16:08.080 was the. 0:16:08.000 --> 0:16:10.160 Thing that my grandma bought me when I was born. 0:16:10.680 --> 0:16:13.280 And it's like a certificate and I literally got like 0:16:13.320 --> 0:16:16.160 this pink certificate check like thing when I turned eighteen. 0:16:16.160 --> 0:16:17.520 And I don't even know where that thing ended up, 0:16:17.520 --> 0:16:20.480 I think, But anyway, a certificate of deposit is just 0:16:20.880 --> 0:16:23.520 it's basically a savings account with some more rules and 0:16:23.560 --> 0:16:27.320 it has slightly higher rates than what you'll get on 0:16:27.360 --> 0:16:30.440 a savings account, a regular old savings account today. 0:16:30.680 --> 0:16:32.400 And the longer you keep your money. 0:16:32.160 --> 0:16:35.560 In a CD they sell three month CDs, six months CDs, 0:16:35.960 --> 0:16:39.000 nine month, twelve month, five years, on and on, and 0:16:39.080 --> 0:16:40.760 the longer you keep your money in, the higher your 0:16:40.800 --> 0:16:44.080 rate can be. The caveat is that that time limit 0:16:44.280 --> 0:16:47.400 is if you take the money out before that time 0:16:47.440 --> 0:16:50.040 limit three months, six month, twelve month, you'll pay a 0:16:50.080 --> 0:16:52.960 penalty for withdrawing the funds. So it really has to 0:16:53.000 --> 0:16:55.280 be money that you're not going to use anytime soon 0:16:56.280 --> 0:16:59.320 or anytime within that window. And of course the higher 0:16:59.360 --> 0:17:02.280 the longer you put the money away for the higher 0:17:02.320 --> 0:17:07.639 your reward. So she suggested, you know, putting a small 0:17:07.800 --> 0:17:11.320 chunk into a five year CD, putting a little bit 0:17:11.320 --> 0:17:13.840 of a larger chunk into like a I think a 0:17:13.920 --> 0:17:16.080 three year CD, and then putting an even larger chunk 0:17:16.080 --> 0:17:21.040 into a one year CD and letting the money grow there. 0:17:21.240 --> 0:17:27.080 And then from there she suggested opening up one both 0:17:27.119 --> 0:17:30.640 of us opening up an i RA outside of our 0:17:31.640 --> 0:17:35.119 four one K investments, and under I r S rules 0:17:35.119 --> 0:17:37.360 were both allowed to contribute what is it, fifty five 0:17:37.440 --> 0:17:40.920 hundred into an IRA oh really. 0:17:40.240 --> 0:17:42.359 Even after you've maxed that, Even if you've maxed that, 0:17:42.440 --> 0:17:44.280 your your four one K. 0:17:44.680 --> 0:17:47.200 Yeah, this is outside of your employer contribution, your four 0:17:47.280 --> 0:17:49.880 one k. This is your personal individual retirement account. 0:17:50.200 --> 0:17:50.560 Okay. 0:17:50.560 --> 0:17:53.200 And and you know, I actually already have one because 0:17:54.119 --> 0:17:57.720 I had like a rollover iray from before through Vanguard. 0:17:57.760 --> 0:17:59.520 That's kind of just sitting there and I can contribute, 0:17:59.640 --> 0:18:01.719 I can can keep I can just contribute fifty five 0:18:01.800 --> 0:18:04.040 hundred dollars to that for the year. And then my 0:18:04.119 --> 0:18:06.959 husband he doesn't have one yet, so opening up him 0:18:07.240 --> 0:18:10.439 and IRA and I know the next question people are 0:18:10.440 --> 0:18:12.120 wonding is like, well, where do you open an IRA at? 0:18:12.160 --> 0:18:14.359 But you can do it at Vanguard. We can get 0:18:14.400 --> 0:18:18.879 a betterment account if we wanted to do TD and 0:18:19.000 --> 0:18:22.000 error trade. Charles Schwab. There's a bunch of discount they 0:18:22.040 --> 0:18:24.640 call them discount. 0:18:23.960 --> 0:18:25.880 Brokerages or whatever. 0:18:25.920 --> 0:18:28.480 That are out there, and they typically have like a 0:18:28.520 --> 0:18:31.439 minimum deposit, you know, requirement of like I don't know, 0:18:31.480 --> 0:18:35.280 five hundred bucks to one thousand bucks. And anyway, that 0:18:35.440 --> 0:18:38.400 was the next step is opening up those roth iras 0:18:38.400 --> 0:18:39.320 and putting money in there. 0:18:39.800 --> 0:18:42.520 So she she a financial advisor that she's advising and 0:18:42.520 --> 0:18:44.160 she's going to do this, or she's like a plane, 0:18:44.560 --> 0:18:44.960 she's not. 0:18:44.920 --> 0:18:47.080 Doing it, she's toe that's the That's why I'm from 0:18:47.119 --> 0:18:51.919 procrastinating because I have to actually do it anyway. So 0:18:52.119 --> 0:18:53.639 and I had her, you know, send the email with 0:18:53.680 --> 0:18:56.879 the whole plan. And there's other things too, like of 0:18:56.920 --> 0:18:59.720 course maxing out the four one Okay, here's here's the 0:18:59.760 --> 0:19:03.280 thing that I've learned about. So I've been you know, 0:19:03.320 --> 0:19:05.399 I've been talking about personal finance for so long. You 0:19:05.400 --> 0:19:07.560 know how you hear those like rules of thumb and 0:19:07.600 --> 0:19:09.840 you just like repeat them and then you're like, oh, 0:19:09.880 --> 0:19:11.720 that's always been the way it is. You know, whether 0:19:11.760 --> 0:19:14.359 it's saved six months retire or save six months emergency 0:19:14.359 --> 0:19:17.560 fund or save ten percent for retirement. I always hear 0:19:17.600 --> 0:19:20.080 this rule every year at the end of the year. 0:19:20.160 --> 0:19:22.760 There's all these articles that come out saying end of 0:19:22.840 --> 0:19:25.280 year text or end of your financial planning advice. 0:19:25.720 --> 0:19:26.600 And the first thing is. 0:19:26.560 --> 0:19:28.439 Usually max out your four one K if you have 0:19:28.480 --> 0:19:31.640 additional funds or you get a bonus or whatever. And 0:19:32.080 --> 0:19:35.440 our planner says, you know, your income has increased throughout 0:19:35.480 --> 0:19:37.560 the year, you haven't been contributing, You're not going to 0:19:37.600 --> 0:19:39.080 max out your four to one case, you've got to 0:19:39.119 --> 0:19:41.199 boost your contributions to your four to one K to 0:19:41.240 --> 0:19:42.840 make sure you max it out before the end of 0:19:42.840 --> 0:19:46.600 the year. Now it's easier said than done, is what 0:19:46.640 --> 0:19:49.959 I've realized. Like, it's not like your four to one 0:19:50.040 --> 0:19:53.119 K through your employer tells you when you've maxed out 0:19:53.119 --> 0:19:55.440 your account. You have to actually do the math and 0:19:55.440 --> 0:19:57.480 be like, I mean, some of them might do that, 0:19:57.560 --> 0:20:00.639 but mine doesn't. You have to actually say, Okay, well, 0:20:00.680 --> 0:20:03.920 i have year. What month is it October? I've got 0:20:03.920 --> 0:20:06.040 three months more in the year. 0:20:06.160 --> 0:20:09.399 I've got six pay periods, so I've got to figure. 0:20:09.160 --> 0:20:11.800 Out how much how much more I have to get 0:20:11.840 --> 0:20:15.080 to my limit, which is eighteen thy five hundred that's 0:20:15.119 --> 0:20:17.280 how much anyone who has a four to one K 0:20:17.840 --> 0:20:21.439 can contribute for the year, the tax year. How much 0:20:21.600 --> 0:20:24.720 I can contribute to hit that mark, and then divide 0:20:24.760 --> 0:20:27.080 it by the six pay periods and then go into 0:20:27.119 --> 0:20:32.600 my retirement planner, my direct deposit, you know, back end 0:20:32.640 --> 0:20:36.359 stuff on my employee website and change my contributions and 0:20:36.359 --> 0:20:38.560 then you have to really watch it because if you 0:20:38.640 --> 0:20:41.720 go over then you can get penalized work by the IRS. 0:20:42.680 --> 0:20:45.840 So it's like trickier and more complex. Then it's just 0:20:45.880 --> 0:20:48.000 one of those rules that I always hear about. And 0:20:48.640 --> 0:20:52.800 so I'm actually doing the thing that I feel like 0:20:52.840 --> 0:20:54.440 people have been asking, you know, what do you do 0:20:54.800 --> 0:20:57.560 when you've like, you got your retirement kind of covered, 0:20:57.600 --> 0:20:59.080 you played at your debt, and like, now what to 0:20:59.119 --> 0:21:01.600 do with the money. And That's That's what I'm doing. 0:21:01.800 --> 0:21:03.840 It's what I should be doing. Anyway, I'm gonna do it. 0:21:03.880 --> 0:21:06.840 I'm gonna do it. It's done, it's done, it's done. 0:21:06.400 --> 0:21:10.439 I did do the increase your four win K and contributions. 0:21:10.440 --> 0:21:12.160 What a racket, though, I'm like, why do I feel 0:21:12.160 --> 0:21:14.159 like I'm still broke because I'm putting like half my 0:21:14.200 --> 0:21:15.160 paycheck away? Yeah? 0:21:15.440 --> 0:21:17.639 Yeah, I remember those days where I used to be like, 0:21:17.840 --> 0:21:19.320 but then you try to tell yourself, well, you're not 0:21:19.359 --> 0:21:21.560 really broke, You're like what, I feel like I'm broke? 0:21:21.800 --> 0:21:23.800 Yeah, it's fine, We're doing fine. 0:21:23.840 --> 0:21:25.480 But it does feel kind of like, well, what do 0:21:25.520 --> 0:21:27.960 you mean I have to I can't, I can't have it. 0:21:29.080 --> 0:21:30.879 But yeah, we've rune max of the four one k 0:21:30.960 --> 0:21:31.320 for the year. 0:21:31.320 --> 0:21:33.399 I'm going to open the CDs. I think I've picked 0:21:34.920 --> 0:21:37.160 I think I've picked I mean, honestly, with CDs, it's 0:21:37.200 --> 0:21:39.280 really just like pick the ones that give you the 0:21:39.359 --> 0:21:41.960 highest rates. So there's a great website called the Positi 0:21:41.960 --> 0:21:44.240 Accounts dot Com. It's really nerdy, but if you're looking 0:21:44.359 --> 0:21:47.080 to just really compare CD rates to posit Accounts dot Com, 0:21:47.119 --> 0:21:50.160 you can't go wrong. They're actually our sister site under 0:21:50.240 --> 0:21:53.240 lending Tree, and they are like they have I mean, 0:21:53.320 --> 0:21:55.240 I just got briefed on like the technology that they 0:21:55.320 --> 0:21:58.040 use to scrape banks for their rates, and they will 0:21:58.040 --> 0:22:02.440 find rates everywhere. So that's where I'm like comparing rates. 0:22:02.480 --> 0:22:05.639 And ally Bank has a no penalty CD. Those do 0:22:05.800 --> 0:22:08.560 exist where okay, you put it away and you actually 0:22:08.560 --> 0:22:11.080 won't get penalized if you take it out. They have 0:22:11.119 --> 0:22:13.560 a no penalty I think eleven month CD, which isn't bad. 0:22:13.600 --> 0:22:17.600 And there's there's other ones that I'm kind of looking at. 0:22:17.600 --> 0:22:19.040 I think I might. I might. 0:22:19.080 --> 0:22:20.679 I don't know if I'm gonna do all my cvs 0:22:20.680 --> 0:22:22.560 in one place or not. It kind of depends on 0:22:22.880 --> 0:22:26.320 I'm not sure how how much I can tolerate managing 0:22:26.840 --> 0:22:28.760 accounts at like a bunch of different banks right now, 0:22:28.800 --> 0:22:31.840 which seems like a lot of work. But anyway, I'm 0:22:31.840 --> 0:22:33.720 gonna try, and I'm gonna I'm gonna do what she says. 0:22:34.600 --> 0:22:35.480 I'm cramp it up. 0:22:35.560 --> 0:22:38.520 I'm gonna I'm going I'll feel better because honestly, it's right, 0:22:38.560 --> 0:22:40.439 it's logical. Like the money you have sitting in your 0:22:40.480 --> 0:22:43.320 savings account, even if it's earning the maximum right now, it's. 0:22:43.200 --> 0:22:47.679 Still losing because inflation is eating up anything that you 0:22:47.760 --> 0:22:50.800 might be earning. Yeah, so I know, and you know 0:22:50.840 --> 0:22:53.280 how you know that, I mean, I know that. And 0:22:53.359 --> 0:22:57.520 for those of you, like what's inflation, Inflation is that 0:22:57.720 --> 0:23:00.720 the cost of money lowers each years, Like so thanks 0:23:00.720 --> 0:23:02.640 for yourself. Like when you used to get a bag 0:23:02.680 --> 0:23:05.000 of chips when you were a kid, and maybe those 0:23:05.080 --> 0:23:06.800 chips cost twenty five cents, and by the time you're 0:23:06.800 --> 0:23:10.480 an adult, those same chips your money can do less. 0:23:10.600 --> 0:23:13.560 Those same chips cost fifty cents, And so inflation means 0:23:13.640 --> 0:23:17.280 over time your money can do less. Basically, so the 0:23:17.320 --> 0:23:20.639 same thing costs more and more money. And so that 0:23:20.760 --> 0:23:23.879 means if you are saving and your money is growing 0:23:23.920 --> 0:23:27.639 at one percent, but inflation, so your money is growing, 0:23:27.680 --> 0:23:30.760 but inflation is actually lowering your money's buying power by 0:23:30.840 --> 0:23:34.679 three percent, you're actually gaining one but losing three, so 0:23:34.720 --> 0:23:37.119 you're losing two. So if you do the math, so 0:23:37.200 --> 0:23:41.840 hopefully that explains it. So my brown boost break is 0:23:41.880 --> 0:23:46.119 going to be a break. I had something else, like 0:23:46.160 --> 0:23:48.640 something about the house just because I'm so over this process, 0:23:48.680 --> 0:23:50.600 but whatever, Hopefully by next time we speak, I'll be 0:23:51.280 --> 0:23:53.520 in the house. But I was just like whatever, So 0:23:53.800 --> 0:23:57.159 instead I'm gonna brown boost from because it's happened. A 0:23:57.200 --> 0:23:59.720 couple of clients have reached out to me to work 0:23:59.760 --> 0:24:02.560 with me and then totally trying to undercut and I'm like, 0:24:03.840 --> 0:24:07.199 I'm not like what, and so it's just I just 0:24:07.280 --> 0:24:10.560 saw I just saw this like thing scroll across my timeline. 0:24:10.560 --> 0:24:13.560 I said, the hookup is a drain on black entrepreneurs. 0:24:13.840 --> 0:24:16.680 Charge folks and they will respect you more. And so 0:24:16.840 --> 0:24:18.840 this is not necessarily the hookup because you know these 0:24:18.840 --> 0:24:21.639 are like bigger companies whatever. But I just don't like 0:24:21.680 --> 0:24:25.639 that because one, you know, I've worked really hard to 0:24:25.680 --> 0:24:28.120 bring like clear value to the table. I could see 0:24:28.119 --> 0:24:30.720 like when I was first starting out, and I was like, well, 0:24:30.800 --> 0:24:34.960 you know it's a long shot. No, I want I 0:24:35.080 --> 0:24:37.800 over deliver, and I when I'm showing the numbers, I'm 0:24:37.800 --> 0:24:40.720 always conservative, and even then it always exceeds like what 0:24:40.920 --> 0:24:43.119 clients are typically looking for, and they'll admit that like 0:24:43.359 --> 0:24:46.119 ooh yes, girl, that's way more than we thought. And 0:24:46.160 --> 0:24:49.760 that's still I will still undershoot because I'd rather overdeliver. 0:24:50.240 --> 0:24:51.720 And then when you tell them a number which is 0:24:51.720 --> 0:24:56.200 more than reasonable, more like like it's the industry standard 0:24:56.240 --> 0:24:58.040 because I've you know, asked around and I know this 0:24:58.080 --> 0:25:00.399 is what colleagues are getting or whatever. So I love 0:25:00.440 --> 0:25:02.760 that we have our own like financial groups online because 0:25:02.760 --> 0:25:05.520 people will ask and I'll know and then they're like, 0:25:05.560 --> 0:25:07.640 oh no half that I'm like, are you kidding me? 0:25:08.320 --> 0:25:10.159 And so that's happened a couple of times. But you 0:25:10.240 --> 0:25:14.320 know what, this is what I realized that it's one 0:25:14.359 --> 0:25:17.720 of the reasons why I'm so glad that my business 0:25:17.800 --> 0:25:23.040 model is not I want to say my mom, maybe 0:25:23.280 --> 0:25:27.680 twenty five percent of my business model is working with clients, 0:25:27.720 --> 0:25:30.320 meaning like companies or whatever want to work for. Everything 0:25:30.359 --> 0:25:33.520 else for the most part is B two C, meaning 0:25:33.680 --> 0:25:38.199 like directly to the customer. So when that happens, like 0:25:38.280 --> 0:25:40.560 lately I've been walking away from it's not that the 0:25:40.640 --> 0:25:43.119 number that they're giving me is not a lot of money. 0:25:44.000 --> 0:25:47.000 Because it is relative to what I used to make before, 0:25:47.320 --> 0:25:51.520 but it's not fair compensation for the ask, especially me 0:25:51.720 --> 0:25:53.880 knowing what the industry number is and me even knowing 0:25:53.920 --> 0:25:57.439 sometimes what you're paying other people. So that is my 0:25:57.560 --> 0:26:00.840 roundbreak because it's honestly, it's frustrating because I'm like, really, 0:26:00.920 --> 0:26:03.960 because that's fine what you pay such as such, even 0:26:04.000 --> 0:26:05.440 though they probably not supposed to tell me, so I'm 0:26:05.440 --> 0:26:08.640 like whatever, but still I'm still like or like what 0:26:08.920 --> 0:26:12.159 you know, like I can deliver or I've delivered before, 0:26:12.920 --> 0:26:14.879 and you're still trying to tell me like this. So 0:26:15.000 --> 0:26:18.320 I've just been saying no, no, and I never said 0:26:18.320 --> 0:26:20.480 no before because I'm like, oh, Tippy, that's still good money, girl. 0:26:20.480 --> 0:26:23.439 But I'm like, you know what for twenty eighteen, one 0:26:23.480 --> 0:26:25.119 of the things I really want to focus on because 0:26:25.800 --> 0:26:29.160 I learned, like, even when before I started dating Superman, 0:26:29.280 --> 0:26:31.840 I remember calling a friend of mine who was married 0:26:31.880 --> 0:26:34.159 and she too was like an influencer and had her 0:26:34.160 --> 0:26:37.000 own business, and she was she was she had just 0:26:37.040 --> 0:26:38.639 had a baby, and I was calling her and I 0:26:38.680 --> 0:26:40.919 was like, I'm tired of being by myself and she 0:26:41.000 --> 0:26:43.760 was like, well, do you make a relationship a priority? 0:26:44.520 --> 0:26:45.919 And I was like, what do you mean. She's like, Tiffany, 0:26:45.960 --> 0:26:47.680 I know you go hard for your business, but are 0:26:47.680 --> 0:26:50.440 you going hard for your love life? And I was like, well, girl, 0:26:50.560 --> 0:26:52.439 I mean I look cute when I go out. She's like, 0:26:52.480 --> 0:26:55.679 do you go out? I'm like, I mean no, I 0:26:55.720 --> 0:26:58.120 did not go out. She's like, so unless you're dating 0:26:58.160 --> 0:27:00.800 a ups guy, which there's no harm in that, Like, 0:27:00.880 --> 0:27:02.600 where are you going to find this magic person? You 0:27:02.680 --> 0:27:04.800 have to make the thing that you want a priority, 0:27:04.920 --> 0:27:06.760 just like you make your business a priority. And so 0:27:06.840 --> 0:27:09.919 I did, and voilat Superman. We's bury Now. So all 0:27:10.000 --> 0:27:12.760 y'all know that I want a little bambino or Bambina, 0:27:13.320 --> 0:27:17.320 And so for twenty eighteen, I told myself that I'm 0:27:17.320 --> 0:27:20.120 going to make that a priority. And so as a result, 0:27:20.400 --> 0:27:22.680 I'm really learning to say no to things that are 0:27:22.720 --> 0:27:25.960 not in alignment. Well one I've said I say no 0:27:26.040 --> 0:27:28.680 to things that are not emotionally in alignment or not 0:27:28.800 --> 0:27:31.720 alignment with my values. But now I'm learning to say 0:27:31.760 --> 0:27:35.240 things like because I'm I have to make time for 0:27:36.200 --> 0:27:38.960 like taking care of myself, relaxing so I can be, 0:27:39.440 --> 0:27:41.680 you know, a vessel for a beautiful baby, a healthy 0:27:41.960 --> 0:27:45.600 vessel for a beautiful baby. So I am not settling 0:27:45.640 --> 0:27:49.159 myself short anymore because I'm like, why you know, And 0:27:49.200 --> 0:27:51.120 so it's just bothered me because it's happened a couple 0:27:51.080 --> 0:27:53.240 of times and I'm like, what the heck. So I'm 0:27:53.280 --> 0:27:55.560 just like, no, girl, kick rocks and if they come back, 0:27:55.600 --> 0:27:58.119 they do. If they don't. The good thing about like 0:27:58.160 --> 0:27:59.679 I said, the way my company is set up is 0:27:59.720 --> 0:28:03.400 most of my income comes from treating their dream catcher 0:28:03.400 --> 0:28:04.920 as well. And as long as I do that, I'll 0:28:04.960 --> 0:28:08.320 never be broke. So yeah, so it's just but it's 0:28:08.359 --> 0:28:09.480 just and. 0:28:09.440 --> 0:28:12.760 There's nothing with that either. Yeah, it's honestly the only 0:28:12.840 --> 0:28:15.520 way to do. You just can't focus on everything one 0:28:15.560 --> 0:28:18.760 hundred percent. And yeah, sometimes you gotta tip the scale 0:28:18.800 --> 0:28:19.960 in a different direction. 0:28:20.520 --> 0:28:22.879 Exactly, and so yeah, that's it. I mean, like, so 0:28:23.160 --> 0:28:25.760 it's just so good. So that's why I even like now, 0:28:25.840 --> 0:28:28.800 I always think to myself when I'm working with other vendors, 0:28:29.359 --> 0:28:31.119 like in the beginning, when I was like broke, I 0:28:31.200 --> 0:28:33.600 used to really like negotiate hard, and I really try 0:28:33.880 --> 0:28:35.560 like not to unless I really think the vendor is 0:28:35.600 --> 0:28:37.560 like bugget, I'm like, girl, that's not what it goes 0:28:37.600 --> 0:28:40.520 for because I you know, I know what it's like 0:28:40.560 --> 0:28:43.720 to be the company. You know, so that you're like 0:28:44.200 --> 0:28:46.480 wanting to pay. So either I am willing to pay 0:28:46.480 --> 0:28:49.120 the vendor or I'm not. So like, unless the vendor 0:28:49.200 --> 0:28:51.320 is literally asking for something ridiculous. You're like a flyer 0:28:51.320 --> 0:28:54.160 doesn't go for three thousand dollars girl, right, But unless 0:28:54.160 --> 0:28:56.360 it's something crazy, then either I pay the vendor. I 0:28:56.400 --> 0:28:59.400 don't because I think it's wrong to try to like 0:29:00.200 --> 0:29:13.600 undercut people. You know. That's my brown break. Now it's 0:29:13.600 --> 0:29:18.960 time for all your questions from the brown brown break, 0:29:19.240 --> 0:29:21.520 I mean brown ambition inbox. That didn't go smoothly as 0:29:21.520 --> 0:29:24.760 I was holding you know what I was, claud you 0:29:24.760 --> 0:29:27.280 had good weeks before I did. I'm like, y'all just 0:29:27.280 --> 0:29:29.000 gonna have to give you that one. 0:29:29.040 --> 0:29:32.600 You're a little stumble Honestly, I leave all the segways 0:29:32.680 --> 0:29:34.400 up to you. I really should chip in every once 0:29:34.400 --> 0:29:34.920 in a while. 0:29:36.840 --> 0:29:41.760 Bab it's like, oh, that love it, that she enjoys it? 0:29:43.120 --> 0:29:45.320 All right? What's the some question, y'all? I love our questions. 0:29:45.360 --> 0:29:47.080 We always get good ones. Oh where if you can 0:29:47.120 --> 0:29:49.280 send questions to? Where again you can send them to? 0:29:49.480 --> 0:29:52.240 You can go to Brown Ambition Podcast dot com dot 0:29:52.280 --> 0:29:55.200 com and click on ask us anything, or you can 0:29:55.320 --> 0:29:57.080 just go right to the source and send us an 0:29:57.120 --> 0:30:02.560 email at Brianambition Podcast at gmail dot com. Come all right, 0:30:02.640 --> 0:30:05.400 So we have a question from someone with an awesome name. 0:30:05.520 --> 0:30:09.040 Her name is Tyranny. It's Tiffany but without instead of 0:30:09.200 --> 0:30:10.360 FS it's ours. 0:30:10.800 --> 0:30:14.000 But no, Tyranny just found so powerful like Tyranny. 0:30:14.240 --> 0:30:18.000 So Tyranny actually has a question about investing. She say, 0:30:18.280 --> 0:30:20.240 I enjoy your podcast and I feel like I have 0:30:20.280 --> 0:30:22.560 girlfriends in my car while commuting to work and back home. 0:30:22.600 --> 0:30:23.520 Hey girl. 0:30:25.400 --> 0:30:27.680 Says, thanks for providing. Okay, I'm not going to read 0:30:27.680 --> 0:30:31.720 all the praise, but it's nice. Thank you Tyranny. Onto 0:30:31.760 --> 0:30:34.440 my question. I recently downloaded and signed up for the 0:30:34.480 --> 0:30:38.040 Acorns investment app. It's been about four months since the 0:30:38.080 --> 0:30:41.040 app has been investing my spare change. The app is 0:30:41.080 --> 0:30:43.600 taking twenty dollars a month from my account in addition 0:30:43.640 --> 0:30:46.280 to using my spare change to invest. Do you have 0:30:46.360 --> 0:30:49.280 any advice on how to grow this account faster? How 0:30:49.280 --> 0:30:51.200 do I get the greatest return on my investment? 0:30:51.320 --> 0:30:51.480 Oh? 0:30:51.640 --> 0:30:57.080 Hello, husband calling during this show. Do you have any 0:30:57.120 --> 0:30:59.160 advice on how to grow this account faster? How do 0:30:59.240 --> 0:31:01.080 I get the greatest retch turn on my investment? And 0:31:01.240 --> 0:31:03.040 is this app really worth it? 0:31:03.160 --> 0:31:03.480 Thanks? 0:31:03.520 --> 0:31:05.480 So I actually have the Acorns app? 0:31:05.520 --> 0:31:05.720 Have you? 0:31:05.760 --> 0:31:06.840 Do you have the Acorns app? 0:31:07.080 --> 0:31:07.360 Mandy? 0:31:07.520 --> 0:31:09.560 I started an account, but then I ignored it, like 0:31:09.600 --> 0:31:11.440 I said, I have issues, But. 0:31:11.520 --> 0:31:13.520 I remember you talked about this before. You've had an 0:31:13.560 --> 0:31:14.520 account for a while. 0:31:14.360 --> 0:31:16.640 Right, yeah, And let me tell you, I'm the worst 0:31:16.680 --> 0:31:18.640 because I put my money in cash and I meant 0:31:18.680 --> 0:31:21.240 to invest it, and why a year and a half later, 0:31:21.280 --> 0:31:25.200 it's Mandy, I forgot because I guess I must have 0:31:25.240 --> 0:31:27.280 transfer two hundred dollars and I said, okay, I'm gonna 0:31:27.400 --> 0:31:30.720 this will be play money that I will invest. And 0:31:30.760 --> 0:31:35.320 then I didn't until I don't know somebody. I guess somebody. 0:31:35.320 --> 0:31:37.400 I must have had a link somewhere someone signed up 0:31:37.840 --> 0:31:39.760 under like my link and it sent me like a 0:31:39.760 --> 0:31:43.240 little notification like hey, your friend Mandy signed up with 0:31:43.280 --> 0:31:44.960 your link, and I'm like, what is this? So I 0:31:45.000 --> 0:31:47.440 click on it and it's because right now they're giving 0:31:47.440 --> 0:31:49.720 away free stock. So if someone sends signs up under 0:31:49.720 --> 0:31:51.400 your link, they'll give you free stock, so they like 0:31:51.400 --> 0:31:53.840 pick your stock, And I was like what and it 0:31:53.920 --> 0:31:56.959 was like, I'm like, what's this two hundred dollars I 0:31:57.040 --> 0:32:02.120 never invested in? Well, it's there, so I'm not even 0:32:02.120 --> 0:32:05.320 gonna lie I have it, although I cannot tell you 0:32:05.920 --> 0:32:09.560 if I mean I have gained money only because from 0:32:09.600 --> 0:32:12.479 just basic like I guess, I don't know, like interest, 0:32:12.600 --> 0:32:14.560 but and then like that little stock is going up 0:32:14.600 --> 0:32:18.240 like two percent or something like that. But from what 0:32:18.400 --> 0:32:20.200 I think, and I told myself I was going to 0:32:20.240 --> 0:32:23.320 do this with the two hundred, I believe you can. 0:32:23.600 --> 0:32:25.959 I don't know if you have to. If you have 0:32:26.040 --> 0:32:28.440 to pick your stocks. I think you can increase how 0:32:28.520 --> 0:32:31.920 much money that you put in, and I believe you can. 0:32:32.120 --> 0:32:35.480 And you can kind of like fix your investment portfolio 0:32:35.600 --> 0:32:39.520 to be more aggressive. You can try that, don't You have. 0:32:39.480 --> 0:32:41.080 To do a quiz and then it kind of gives 0:32:41.080 --> 0:32:44.320 you a portfolio according to your tolerance for risk. And 0:32:44.360 --> 0:32:47.280 if you yeah, Cross is too afraid to really take risks, 0:32:47.280 --> 0:32:49.400 and it's not going to put your money in as 0:32:49.480 --> 0:32:50.959 much in the market, it's not going to put as 0:32:51.000 --> 0:32:54.040 much in stocks, and then you may see limited returns 0:32:54.320 --> 0:32:56.360 because of that. So that could be the problem. Maybe 0:32:56.400 --> 0:32:59.719 you should maybe you should. You can readjust how you're 0:33:00.040 --> 0:33:02.320 allocating your assets. So with acorns, they don't give you 0:33:02.760 --> 0:33:04.960 as long as I as long as I understand acorns, 0:33:04.960 --> 0:33:08.080 they don't give you so much control over like like 0:33:08.160 --> 0:33:10.640 picking your your investments, which is a good part, Like 0:33:10.680 --> 0:33:13.200 you shouldn't. That's why people like it because they don't 0:33:13.200 --> 0:33:15.240 have to do so much work. But you could take 0:33:15.280 --> 0:33:18.760 the quiz again and give yourself like try and be 0:33:18.760 --> 0:33:21.120 a little brave when you make when you answer those questions, 0:33:21.160 --> 0:33:24.120 because the more you can show them that you're tolerant 0:33:24.280 --> 0:33:27.120 to taking risks and that you want big rewards, they 0:33:27.120 --> 0:33:30.000 will put your money into investments that have the potential 0:33:30.600 --> 0:33:33.920 to get higher rewards. And on the downside, you may 0:33:33.920 --> 0:33:35.800 see your money dip every once in a while because 0:33:35.840 --> 0:33:39.000 the market can be more volatile. It's a stock market, 0:33:39.040 --> 0:33:41.880 you know, one company, like someone finds a piece of 0:33:41.880 --> 0:33:44.120 glass and a Starbucks cup in the stock falls, like 0:33:44.320 --> 0:33:47.000 you know, that's just kind of how the cookie crumbles. 0:33:47.360 --> 0:33:49.560 Oh, I just and I'm in here now because I said, 0:33:49.560 --> 0:33:51.840 you know what, why is it keeping in here? Okay, 0:33:51.960 --> 0:33:54.560 So if you go to your investment profile, there's something 0:33:54.600 --> 0:33:58.080 literally that says goal and I had goal preserve my savings. 0:33:58.400 --> 0:33:59.719 So that's what they're like, well, girl, we just got 0:33:59.760 --> 0:34:01.840 to keep here in this savings account. So I just 0:34:01.840 --> 0:34:04.640 clicked on growth. It's literally just a button, and then 0:34:04.680 --> 0:34:08.000 it says timeline, and then you can say it says experience, 0:34:08.120 --> 0:34:10.480 like so I chose not much and so and then 0:34:10.560 --> 0:34:14.279 ask you stuff like what's your risk tolerance and what's 0:34:14.280 --> 0:34:17.160 your liquidity? Like how important is liquidity to you? Very important? 0:34:17.200 --> 0:34:20.239 And liquidity is basically having cash on hand. So I've 0:34:20.280 --> 0:34:24.200 now just chosen somewhat important. So now based upon that, 0:34:24.280 --> 0:34:27.640 it'll it'll start to invest my two hundred dollars, like okay, 0:34:27.960 --> 0:34:30.120 like grow some of my money, don't just keep it 0:34:30.120 --> 0:34:33.920 in savings, Like I have a like a mid range 0:34:34.040 --> 0:34:37.840 risk tolerance, and you know that my I'm like middle 0:34:37.840 --> 0:34:39.960 of the road as far as keeping things liquid, meaning 0:34:40.000 --> 0:34:41.880 like okay, I can have some cash at hand, but 0:34:41.920 --> 0:34:43.799 I want you to invest most of it. So now 0:34:43.880 --> 0:34:45.839 hopefully you know, we can check back in next week 0:34:45.840 --> 0:34:47.640 and I can tell you how my how my two 0:34:47.680 --> 0:34:50.000 hundred dollars that I've done nothing with this is now doing. 0:34:51.160 --> 0:34:52.280 That's a pretty low balance. 0:34:52.320 --> 0:34:54.919 And I also Acorns charge is one dollar a month 0:34:55.600 --> 0:34:57.719 for their accounts I'm on there. I just want to 0:34:57.719 --> 0:34:59.720 I wanted to double check because I know these companies 0:34:59.719 --> 0:35:01.880 always change your fees, but they charge one dollar a 0:35:01.880 --> 0:35:04.680 month if you have less than five thousand dollars saved up, 0:35:05.280 --> 0:35:07.200 or you have a balance of less than five thousand 0:35:07.239 --> 0:35:09.080 dollars in your account. And if she's only it's only 0:35:09.080 --> 0:35:11.360 been four months and she's been putting twenty bucks in plush, 0:35:11.400 --> 0:35:13.359 their change, she might have one hundred bucks in there 0:35:13.840 --> 0:35:15.759 and she's paid them four dollars. I mean that's a 0:35:15.800 --> 0:35:19.520 four percent investment fee. Yeah, paying which is you know, 0:35:19.960 --> 0:35:21.759 on the one hand, you don't you can open up 0:35:21.760 --> 0:35:23.640 account with a very small balance and they do a 0:35:23.680 --> 0:35:26.080 lot of the work for you, but that's going to 0:35:26.120 --> 0:35:28.759 be eating into your returns as well. To consider that, 0:35:29.480 --> 0:35:32.120 so I would say, yeah, in addition to, like like 0:35:32.160 --> 0:35:35.480 Tiffany said, changing your profile, changing your goals, trying to 0:35:35.680 --> 0:35:38.279 whatever whatever you can do to get them or to 0:35:38.480 --> 0:35:42.759 put your you know, money in a bit more risky investment, 0:35:43.160 --> 0:35:46.560 not risky, but yeah, I mean I know you aggressive aggressive, Yeah, 0:35:46.560 --> 0:35:48.640 aggressive investment. 0:35:48.719 --> 0:35:51.200 That can help. Also just contributing. 0:35:50.680 --> 0:35:53.880 More, you know, more money. Yeah, it's going to increase 0:35:53.920 --> 0:35:56.320 your odds of you know, more money makes more money, 0:35:57.120 --> 0:35:57.399 you know. 0:35:58.080 --> 0:35:59.480 Ratcheting up your savings. 0:36:00.719 --> 0:36:03.840 But I also feel like if you're only putting that 0:36:04.280 --> 0:36:07.680 little in, just don't be so impatient, like just yeah, 0:36:08.040 --> 0:36:11.879 you know, hopefully hopefully you're not using this to say 0:36:11.960 --> 0:36:14.239 to like make to make you know a bunch of 0:36:14.239 --> 0:36:16.480 money so you can turn around and buy a house 0:36:16.600 --> 0:36:18.040 or something like that, because you're not going to get 0:36:18.040 --> 0:36:21.960 there realistically, you know, at twenty bucks a month. I 0:36:21.960 --> 0:36:24.919 think Acorns is good, Like Tiffany said, like with your 0:36:24.960 --> 0:36:26.880 extra money that you you know, don't want to just 0:36:27.000 --> 0:36:29.520 leave sitting in savings, but you don't really need it necessarily, 0:36:30.520 --> 0:36:32.640 and you just want to, you know, be investing in 0:36:32.680 --> 0:36:35.240 something a little bit more lucrative than a regular savings 0:36:35.239 --> 0:36:38.759 if from on the side and agree where it fits in. 0:36:39.320 --> 0:36:41.440 Okay, So yeah, I'm a check in Now I'm excited. 0:36:41.480 --> 0:36:43.680 I'm like, oh, let's say this two hundred dollars smack. 0:36:43.680 --> 0:36:45.640 I can't believe it's literally been like a year. But 0:36:45.680 --> 0:36:49.720 I was like, wait, I've got money here. 0:36:50.640 --> 0:36:54.040 Just lose just losing track of checks. What what a 0:36:54.080 --> 0:36:55.440 wonderful life and must. 0:36:55.200 --> 0:36:57.960 Be because you know what it is, because whenever dream 0:36:58.000 --> 0:37:01.600 catchers ask me about about like, you know, like an 0:37:01.640 --> 0:37:04.399 app or whatever. Well, one, I haven't endorsed Acorns because 0:37:04.440 --> 0:37:06.960 I said, let me, let me use it, so I 0:37:07.040 --> 0:37:09.560 signed up, but then clearly I did not do my 0:37:09.600 --> 0:37:12.120 full due diligence. So I've never endorsed it because I 0:37:12.120 --> 0:37:14.600 feel like if I, if I haven't done my full 0:37:14.680 --> 0:37:16.880 due diligence, I don't feel comfortable saying hey, it's awesome 0:37:16.920 --> 0:37:19.319 because I don't know, you know, And so I signed 0:37:19.400 --> 0:37:20.880 up so that way at least I could vet it. 0:37:21.160 --> 0:37:23.239 But then clearly I forgot because I have the memory 0:37:23.239 --> 0:37:28.280 of a eighty year olds and so yeah. 0:37:26.560 --> 0:37:30.160 It's only good if you actually will use it exactly. 0:37:30.440 --> 0:37:32.840 So yeah, I can no law, I cannot. I cannot 0:37:32.840 --> 0:37:35.120 say Achorns is awesome, We're terrible. I have clearly not 0:37:35.200 --> 0:37:35.480 used it. 0:37:35.480 --> 0:37:40.680 Well enough, all right, let's take one more questions one. 0:37:40.880 --> 0:37:43.239 So first, she commented on we talked about that. I 0:37:43.239 --> 0:37:45.720 talked about that tipping video last week that was posted 0:37:45.800 --> 0:37:49.239 on Yeah, was that the fusion Fusions facebook page? I 0:37:49.280 --> 0:37:53.040 posted on ours the history of tipping. She just mentioned that, Oh, 0:37:53.080 --> 0:37:59.560 one of my favorite YouTube series, Adam's Adam Ruins Everything. Yes, yes, 0:38:00.040 --> 0:38:03.759 apparently he did one of the history of tipping and 0:38:03.840 --> 0:38:06.359 the history of suburbs. So she just recommended I might 0:38:06.400 --> 0:38:08.239 post a link to that in the show notes. But 0:38:08.280 --> 0:38:12.200 here's her question. It's an interesting one. So she's married. 0:38:12.320 --> 0:38:15.040 She says, my husband and I are established in our 0:38:15.080 --> 0:38:17.120 careers and we have good jobs doing what we love. 0:38:17.400 --> 0:38:20.480 He's a physician's assistant and I'm a college professor. We 0:38:20.520 --> 0:38:23.759 earn great salaries and are able to meet our monthly expenses, 0:38:23.880 --> 0:38:24.919 save and give. 0:38:25.520 --> 0:38:26.400 Between the two of us. 0:38:26.400 --> 0:38:28.960 We have a few credit cards after getting into trouble 0:38:28.960 --> 0:38:32.400 in my twenties, I'm now forty and completing the liverat 0:38:32.480 --> 0:38:35.520 or Challenge, Live Rich, or Academy Credit Challenge. I'm really 0:38:35.560 --> 0:38:37.399 on top of the way that I use my credit card. 0:38:37.840 --> 0:38:40.239 My wonderful husband is a little more liberal in his 0:38:40.360 --> 0:38:43.920 usage with a credit card frequency and amount, and I 0:38:44.000 --> 0:38:46.879 recently learned that he added me as an authorized user 0:38:46.920 --> 0:38:50.080 on his card. While I charge small amounts and pay 0:38:50.080 --> 0:38:53.000 off my card each month, he doesn't always do the same. 0:38:53.600 --> 0:38:55.279 This means that it may take a few months to 0:38:55.280 --> 0:38:58.080 pay off the balances that he racks up. While I've 0:38:58.120 --> 0:39:00.680 heard you and Tiffany talk about the benefits of being 0:39:00.719 --> 0:39:03.040 an authorized user on an account of a person with 0:39:03.120 --> 0:39:06.399 great credit. What happens when the person's credit score isn't 0:39:06.440 --> 0:39:09.759 as high as yours? Does my credit score suffer? And 0:39:09.800 --> 0:39:12.879 beyond having a conversation with husby, what should I do? 0:39:13.120 --> 0:39:15.920 Should I remove myself from his account? And won't this 0:39:16.040 --> 0:39:20.719 also lower my credit score? Well, if you use my 0:39:20.800 --> 0:39:28.080 question on Eric like to remain anonymous, sorry, I will 0:39:28.400 --> 0:39:31.040 edit this question and you will not hear your name. 0:39:31.640 --> 0:39:34.040 You will hear this though, because that's funny. 0:39:34.400 --> 0:39:42.160 Yes, that is okay, Lily, Okay. So one, it's not 0:39:42.200 --> 0:39:45.120 supposed to if you're if you're an authorized user and 0:39:45.160 --> 0:39:47.319 you're not the one actually using the card, it's not 0:39:47.360 --> 0:39:50.080 supposed to lower your credit score. It's supposed to only 0:39:50.320 --> 0:39:53.319 you're supposed to only improve, but not lower. But you 0:39:53.400 --> 0:39:56.080 want to make sure that that's what's actually happening. So 0:39:56.200 --> 0:39:58.120 what it's, Well, this is what I mean from like 0:39:58.160 --> 0:40:00.920 my my my friends that are credit experts. I mean 0:40:00.960 --> 0:40:03.239 I find myself I dabble in credits, but I don't 0:40:03.280 --> 0:40:05.960 find myself as a credit expert. But I from what 0:40:06.000 --> 0:40:09.640 I've asked, it's that let's just say your husband is late, 0:40:09.920 --> 0:40:13.000 you're an authorized user, but not a co it's a 0:40:13.040 --> 0:40:16.799 co sign. No, what is the other word? Yes, so 0:40:17.000 --> 0:40:21.000 authorized user. It's different than a joint user. Joint like 0:40:21.040 --> 0:40:25.000 so meaning like you guys have equal responsibility. That's different. 0:40:25.239 --> 0:40:28.120 So meaning like his name, my name, Like me and 0:40:28.520 --> 0:40:30.560 Superman we have a joint bank account, so we're both 0:40:30.600 --> 0:40:34.200 equally responsible. But it's responsible yeah, well and so, but 0:40:34.280 --> 0:40:39.440 as an authorized user, they hold the primary responsibility and 0:40:39.560 --> 0:40:42.680 instead what you're supposed to do is, yes, that it's 0:40:42.719 --> 0:40:46.000 supposed to make it look good if you're connected to 0:40:46.080 --> 0:40:49.440 the account, but it's not supposed to harm you if 0:40:49.440 --> 0:40:52.960 they're not making completely wise choices. But I mean, like 0:40:53.000 --> 0:40:56.440 I said, I would look to make sure that that, 0:40:56.600 --> 0:40:57.960 like you know, like it's not showing up on my 0:40:57.960 --> 0:41:01.120 credit report, because you can get that removed if it does, 0:41:01.160 --> 0:41:04.000 because it's not supposed to. I think the bigger issue 0:41:04.080 --> 0:41:11.360 here is like husband not using his credit cards. I 0:41:11.400 --> 0:41:13.560 guess as wisely as you'd like. And so maybe Mandy, 0:41:13.600 --> 0:41:15.200 I could tell you, like, this is what me, me 0:41:15.280 --> 0:41:17.320 and Superman finally figured it out. I'm like, we figured 0:41:17.320 --> 0:41:19.160 it out, well, we figured out how we want to 0:41:19.200 --> 0:41:23.200 work our money. We've been married now since June. I'm like, wait, 0:41:23.280 --> 0:41:25.440 June July, I'm the worst. Anyway. We've been married for 0:41:25.440 --> 0:41:27.960 a while, not a long while obviously, but we've been 0:41:27.960 --> 0:41:29.480 married for a few months, and we've both been back 0:41:29.520 --> 0:41:31.360 and forth with how do we want to do the money? 0:41:31.440 --> 0:41:32.680 How do we want to do the money? Because we 0:41:32.680 --> 0:41:36.040 honestly didn't have mixed money outside of we had a 0:41:36.080 --> 0:41:38.319 joint savings account that we used to travel with, and 0:41:38.360 --> 0:41:40.920 so we decided, well, I listen, he actually made the 0:41:40.920 --> 0:41:44.359 decision that he wanted me to take his check, which 0:41:44.360 --> 0:41:47.000 I'm like, I could do that, and we were going 0:41:47.080 --> 0:41:50.320 to live off his income and then with my money 0:41:50.360 --> 0:41:53.080 we save and invest, and so we're going to live 0:41:53.120 --> 0:41:54.719 off one income. And the way it's going to look 0:41:54.760 --> 0:41:57.440 is how I already don't do the bills anyway for myself, 0:41:57.840 --> 0:42:00.600 is that with his money we paid bills bills. We 0:42:00.640 --> 0:42:02.759 also we just opened up a joint checking account, and 0:42:02.760 --> 0:42:06.360 that joint checking account is for what I call joint 0:42:06.480 --> 0:42:10.520 household non bills, so meaning like basically like food shopping 0:42:10.520 --> 0:42:13.719 and stuff like that. So there's a debit card at home, 0:42:13.800 --> 0:42:15.960 so when you go food shopping, I've already made the 0:42:16.000 --> 0:42:18.960 transfers and so you could take that that joint our 0:42:19.080 --> 0:42:22.160 joint debit card to go food shopping and do household 0:42:22.160 --> 0:42:24.480 expenses that are not bills, and then we have a 0:42:25.560 --> 0:42:27.960 joint bills account that we pay bills out of. So 0:42:28.200 --> 0:42:30.719 I don't know if your husband would be open to 0:42:31.520 --> 0:42:35.480 combining your resources in a way where you can be 0:42:35.560 --> 0:42:39.960 responsible for paying off or paying bills like that. So 0:42:40.080 --> 0:42:42.160 that way, since he's not paying on time, that you 0:42:42.200 --> 0:42:43.960 can make sure they're paid on time if if you're 0:42:44.120 --> 0:42:46.200 being more responsible. It's kind of something you have to 0:42:46.200 --> 0:42:48.480 talk to him about. But that's something that and I'm 0:42:48.480 --> 0:42:50.440 not saying that this is definitely gonna work because we're 0:42:50.440 --> 0:42:52.000 just needed that. We literally just open up a joint 0:42:52.000 --> 0:42:54.239 account last weekend, so we're trying to see and work 0:42:54.280 --> 0:42:57.479 out how do you and in your boo do it Mandy? 0:42:57.520 --> 0:42:59.120 As far as money, well, you know we. 0:42:59.120 --> 0:43:01.279 Have the exact same she's going through right now. 0:43:01.520 --> 0:43:02.600 Well, one just just to. 0:43:02.600 --> 0:43:06.600 Recap when you're an authorized user, their positive behavior will 0:43:06.600 --> 0:43:09.560 help your score, not all and most most of the 0:43:09.640 --> 0:43:12.160 time the credit A lot of times credit card companies 0:43:12.200 --> 0:43:14.680 don't report negative behaviors, so it won't drag down your 0:43:14.680 --> 0:43:18.640 score necessarily. That's if you're a joint account holder. That's 0:43:18.680 --> 0:43:24.520 when you're both sort of dragging each other up or down. Yes, okay, correct, Yeah, 0:43:24.560 --> 0:43:27.800 so we have the same issue where I was way better. 0:43:28.480 --> 0:43:31.240 I was just like I mean, for me, I trained 0:43:31.239 --> 0:43:33.600 myself to if I saw a balance, I just paid 0:43:33.600 --> 0:43:35.719 off whatever my statement balance was, and I knew if 0:43:35.760 --> 0:43:37.560 it was higher than what I could afford, it was 0:43:37.600 --> 0:43:41.480 bad news bears, and I was messing up somewhere. And 0:43:41.520 --> 0:43:43.960 then I you know, it took me a couple of years. 0:43:44.000 --> 0:43:46.920 It just always seemed like my husband, then boyfriend, and 0:43:46.960 --> 0:43:49.880 fiance always had credit card debt, and I was like, 0:43:49.880 --> 0:43:52.480 how are you always having the same like a. 0:43:52.480 --> 0:43:54.440 Little bit of credit card debt? It seems to never. 0:43:54.280 --> 0:43:59.400 Go away, And it always really really bothered me. And honestly, 0:43:59.520 --> 0:44:01.239 one of the one of the ways we nipped that 0:44:01.280 --> 0:44:04.280 in the bud was we got a financial planner, and 0:44:04.400 --> 0:44:07.759 that unlocked a lot of the awkwardness of having that 0:44:07.800 --> 0:44:09.839 conversation because we thought about it. You know, he didn't 0:44:09.880 --> 0:44:10.239 want to. 0:44:10.200 --> 0:44:11.239 Tell me about his debt. 0:44:11.800 --> 0:44:14.960 I wanted to know everything. I thought it was the 0:44:15.000 --> 0:44:16.840 only way for us to be successful is for me 0:44:16.880 --> 0:44:19.440 to know how much debt he had and create a 0:44:19.440 --> 0:44:21.160 plan to pay it down and whatever. He was like, 0:44:21.239 --> 0:44:23.719 I want to manage it. It's my problem, blah blah blah. 0:44:23.880 --> 0:44:26.120 When we got a financial planner, we had a third 0:44:26.160 --> 0:44:28.560 party in the mix, and all of a sudden, I know, 0:44:28.600 --> 0:44:31.920 I'm sitting in the back like you know, evilly, you know, 0:44:32.280 --> 0:44:35.040 with light fingers together, like, oh, I'm going to find 0:44:35.040 --> 0:44:37.959 it all the tea, now, all the dirt. It wasn't 0:44:37.960 --> 0:44:41.200 that bad, but he became more comfortable when we had 0:44:41.200 --> 0:44:43.320 all the cards out on the table, kind of showing 0:44:43.360 --> 0:44:46.080 me exactly, you know, showing each other where our money 0:44:46.160 --> 0:44:49.840 was going and whatnot. And with her help, we decided 0:44:49.920 --> 0:44:53.840 that if he was really, if he was, he was 0:44:54.000 --> 0:44:57.480 very sure that he wanted to tackle the debt on 0:44:57.520 --> 0:44:58.960 his own. It wasn't very much. I think it was 0:44:59.000 --> 0:45:02.239 like two thousand dollars or something like that. He was 0:45:02.320 --> 0:45:04.239 going to do it the smart way, which instead of 0:45:04.320 --> 0:45:06.920 just making his little monthly payments as much as he 0:45:06.960 --> 0:45:09.520 could every month, he was going to transfer the balance 0:45:09.560 --> 0:45:12.920 to a zero a zero percent balance transfer card, and 0:45:12.960 --> 0:45:15.359 he was going to really pay it off before that 0:45:15.440 --> 0:45:19.280 balance before the promotional period ended, which was twelve months. 0:45:19.680 --> 0:45:22.000 And then that that gave me peace of mind because 0:45:22.000 --> 0:45:24.360 at least I knew then he wasn't racking up interest charges, 0:45:25.040 --> 0:45:26.399 because in my mind, I was like, well, I want 0:45:26.440 --> 0:45:27.680 this guy just let me pay off his debt for 0:45:27.760 --> 0:45:29.319 him and just be done with it, you know. But 0:45:29.600 --> 0:45:31.600 for him it was a point of pride. So the 0:45:31.640 --> 0:45:33.799 balance transfer was a really good compromise. 0:45:34.080 --> 0:45:35.200 He had zero percent. 0:45:35.440 --> 0:45:37.920 I wasn't worried about interest charges, and he could pay 0:45:37.920 --> 0:45:41.319 it off himself and you know it. And he was like, 0:45:41.719 --> 0:45:43.959 he was being true to himself and he was doing 0:45:44.000 --> 0:45:46.799 it the way he wanted. And that's how we handled that, 0:45:46.840 --> 0:45:50.440 And since then it has we've been much more transparent. 0:45:50.520 --> 0:45:52.800 We select, okay, we. 0:45:52.680 --> 0:45:55.800 Have specific cards that we use for specific purposes, and 0:45:56.040 --> 0:45:58.440 use one or Chased Reserve card for all of our 0:45:58.440 --> 0:46:04.160 restaurants and eating out purchases, joint purchases. We use one 0:46:04.239 --> 0:46:06.560 AMEX card for all of our grocery shopping, and we 0:46:06.640 --> 0:46:08.279 both know to use that. And then we both have 0:46:08.400 --> 0:46:11.960 our Chase or whatever bank account checking and we spend 0:46:12.000 --> 0:46:14.480 our checking however we want to use it, you know. 0:46:14.880 --> 0:46:18.719 And I pay the bills off mostly because it's just 0:46:18.760 --> 0:46:21.200 some of those two credit cards. I pay those bills 0:46:21.239 --> 0:46:22.240 off myself. 0:46:22.080 --> 0:46:24.600 It takes time. I mean it took a while, like, 0:46:24.640 --> 0:46:27.319 oh my gosh. The other day, like I've been dating 0:46:27.320 --> 0:46:29.960 Sumn for like I don't know, maybe three and a 0:46:30.000 --> 0:46:32.399 half four years now, and so it took a while. 0:46:32.480 --> 0:46:34.040 Another day he looked at me and he was like, 0:46:34.160 --> 0:46:36.680 you know what, I agree. When it came to some 0:46:36.760 --> 0:46:40.000 money choice, I nearly wept. I was like, oh my god, 0:46:40.600 --> 0:46:43.960 because I have been working on him forever, you know, 0:46:44.080 --> 0:46:45.680 and so it takes some time. And I had to 0:46:45.800 --> 0:46:48.680 learn to stop being such a bully about it. I 0:46:48.680 --> 0:46:52.520 could be a little bully myself because you know, like 0:46:52.560 --> 0:46:54.480 really trying to force his hand like no, this is 0:46:54.520 --> 0:46:56.960 the best way, because one I learned that my way 0:46:57.080 --> 0:46:59.000 wasn't always the best way, and two I had to 0:46:59.040 --> 0:47:00.799 honor that he has a he has a way too. 0:47:01.080 --> 0:47:03.000 When he came up with the let me give you 0:47:03.040 --> 0:47:05.759 my check thing, I was like, wow, this was that's 0:47:05.800 --> 0:47:08.680 actually really I had this other intricate thing in mind. 0:47:09.040 --> 0:47:10.880 And when we sit down and we did our bills together, 0:47:11.360 --> 0:47:15.360 we already live under what he brings in, and so 0:47:15.480 --> 0:47:17.680 I was like, well, this is perfect because we're already 0:47:17.719 --> 0:47:22.279 living under you know, we're already living basically within the 0:47:22.360 --> 0:47:24.239 means of being able to live off your check, why 0:47:24.280 --> 0:47:27.480 not do so officially? So that way, and when I 0:47:27.880 --> 0:47:31.120 know what he loves about that is that one, he's 0:47:31.160 --> 0:47:33.360 the head of the household, you know that he's like, okay, 0:47:33.440 --> 0:47:34.880 I paid the bills. You know. It gets him that 0:47:34.960 --> 0:47:37.200 kind of like feeling, which is nice, you know. And 0:47:37.239 --> 0:47:40.080 then two it's you know, it gives me this feeling 0:47:40.200 --> 0:47:43.880 of safety and security in that let's just say something 0:47:43.920 --> 0:47:46.560 happens with my businesses, the truth of the matter, risk 0:47:46.680 --> 0:47:49.480 we're still fine, you know. So I like that feeling 0:47:49.480 --> 0:47:53.480 because it allows me to grow without fear of can 0:47:53.520 --> 0:47:54.439 we afford our life? 0:47:54.680 --> 0:47:56.640 You know, that's so true. 0:47:56.840 --> 0:47:59.799 I think it's really smart to base your lifestyle on 0:47:59.840 --> 0:48:04.200 the lower earner. And I get really nervous. I have 0:48:04.280 --> 0:48:07.040 gotten really nervous to really try to avoid as one 0:48:07.080 --> 0:48:09.680 of us, you know, as our incomes change and go 0:48:09.760 --> 0:48:13.319 in different directions that were not upgrading the lifestyle just 0:48:13.360 --> 0:48:16.239 because one of us earns more. Because I'm paranoid, you know, 0:48:16.440 --> 0:48:18.360 I have the same sort of fear you do about 0:48:18.360 --> 0:48:20.960 what if something happens to the higher earner, and then 0:48:21.000 --> 0:48:25.200 there's you know, and then your your lifestyle is no 0:48:25.320 --> 0:48:27.319 longer you can't support it and then you just have 0:48:27.400 --> 0:48:30.760 all those issues. That's that's my nightmare. 0:48:31.080 --> 0:48:33.920 Mm hmmm. And so yeah, because it is a scary 0:48:33.960 --> 0:48:37.120 thing of like cause you know, like, yeah, there's that book, 0:48:37.239 --> 0:48:39.640 was it? Do we talk about the book for Elizabeth 0:48:39.640 --> 0:48:41.919 Warren before she was a senator? I wrote a book 0:48:41.960 --> 0:48:44.640 about living off one income. I can't remember the name 0:48:44.680 --> 0:48:45.600 of it. 0:48:45.360 --> 0:48:47.680 Oh, it's called I remember you told me she wrote 0:48:47.680 --> 0:48:50.880 a personal finance book and I didn't believe he yes. 0:48:50.840 --> 0:48:52.480 And it was actually really good. It was about living 0:48:52.520 --> 0:48:55.719 off what it's called the lie, the income lie or 0:48:55.719 --> 0:48:57.960 something like that. But it's about living off one income. 0:48:58.320 --> 0:49:00.600 And I think if you know, it's not possible for everyone, 0:49:00.840 --> 0:49:02.600 but if you can get as close as possible to 0:49:02.640 --> 0:49:05.920 living off the lower earner's income, the better. 0:49:06.640 --> 0:49:08.880 Yeah. And sometimes it's good to feel a little broken. 0:49:09.680 --> 0:49:12.640 Yeah, yeah, yeah, Plus it's nice, you know, especially. 0:49:12.280 --> 0:49:14.080 As you know, within reason. 0:49:14.440 --> 0:49:17.040 But the reason, yes, don't send your baby to school 0:49:17.040 --> 0:49:18.680 with like holes in their. 0:49:18.400 --> 0:49:24.120 Shoes exactly because nobody has stopped for that. Anybody got 0:49:24.160 --> 0:49:24.640 top through it. 0:49:25.320 --> 0:49:26.600 Thanks for your question, Lily. 0:49:27.320 --> 0:49:29.840 Yes, we have some good questions. If you have questions, 0:49:29.840 --> 0:49:33.719 please send them to Brown Ambition Podcast dot com and 0:49:33.800 --> 0:49:37.360 click ask us anything, or you can email us at Brown. 0:49:37.200 --> 0:49:39.400 Ambition Podcast dot gmail dot com. 0:49:39.440 --> 0:49:43.000 Whoa I know, look at me, because you know, I'm like, 0:49:43.120 --> 0:49:45.440 maybe likes it. She'll do it. Give it to baby, 0:49:45.520 --> 0:49:49.600 she'll do it. It's like the kick commercial. Give it to Mikey, 0:49:49.719 --> 0:49:50.319 he'll eat it. 0:49:52.480 --> 0:49:58.239 I'm glad we're getting out of our rut. Yeah you assumes, yeah, exact. 0:50:06.719 --> 0:50:09.640 Well in that case, how about some winds? Winds winds 0:50:09.640 --> 0:50:10.760 on this Wednesday? 0:50:11.040 --> 0:50:15.040 Ooh, look at you. Okay, I'm not gonna lie. I'm 0:50:15.040 --> 0:50:16.160 still thinking about my win. You go. 0:50:17.080 --> 0:50:19.160 My win is so excellent. I haven't even told you 0:50:19.200 --> 0:50:19.960 about this yet. 0:50:20.080 --> 0:50:21.440 So here's what happened. 0:50:21.480 --> 0:50:23.640 Was y'all know, I went on this great vacation last 0:50:23.640 --> 0:50:26.600 week for my art, my husband's cousin's wedding, and the 0:50:26.640 --> 0:50:30.560 Dominican Republic. It was beautiful, gorgeous, so relaxing, amazing. I 0:50:30.600 --> 0:50:31.040 come back. 0:50:31.080 --> 0:50:32.600 I'm already on Monday morning. 0:50:32.600 --> 0:50:34.200 I'm like, I'm going to show up to the office 0:50:34.360 --> 0:50:36.680 at eight o'clock. I am going to get my work done. 0:50:36.680 --> 0:50:38.919 I'm gonna get caught up. I'm gonna do amazing things 0:50:38.960 --> 0:50:41.640 before my first meeting at nine point thirty. I show 0:50:41.719 --> 0:50:44.640 up and I'm like, where's my laptop at though? And 0:50:44.680 --> 0:50:47.839 I start thinking immediately. I'm like, okay, I've shown up 0:50:47.840 --> 0:50:51.200 to the office before without my computer like a dummy, 0:50:51.239 --> 0:50:52.640 and I have to go back home and get it 0:50:52.680 --> 0:50:54.960 and come back. But then I'm like, wait a second, 0:50:54.960 --> 0:50:58.040 I left straight from work to the airport. Did not 0:50:58.080 --> 0:51:00.520 have my laptop with me on vacation. I know it's here. 0:51:00.960 --> 0:51:04.759 And then I look around. Nobody's desks has have laptops 0:51:04.800 --> 0:51:07.120 on them. We all have our laptops at our desk 0:51:07.160 --> 0:51:07.840 at all times. 0:51:08.280 --> 0:51:11.000 And I'm like, oh, shiyst. 0:51:10.760 --> 0:51:18.120 And long story short, our office was robbed. No, yeah, yeah, yeah, yeah, 0:51:18.160 --> 0:51:22.000 definitely definitely robbed. They took four They took three laptops, 0:51:22.040 --> 0:51:25.520 so luckily a couple of our employees. One took hers 0:51:25.520 --> 0:51:26.960 home over the weekend, the other one was out of 0:51:26.960 --> 0:51:30.880 town and had hers, and then they just didn't happen 0:51:30.920 --> 0:51:34.560 to see my boss's laptop underneath some papers. But yeah, 0:51:34.600 --> 0:51:37.360 they walked away with three laptops, including mine and a 0:51:37.400 --> 0:51:40.920 brand new one we had just ordered for a new hire, 0:51:41.320 --> 0:51:44.759 like out of the box. Yeah, it's crazy. I've never 0:51:44.800 --> 0:51:47.560 had I mean, you always kind of like hear about 0:51:47.680 --> 0:51:50.880 you know, office break ins and you know whatever, but 0:51:51.360 --> 0:51:52.560 it's never happened to me before. 0:51:52.600 --> 0:51:54.120 And it was it was really creepy. 0:51:54.800 --> 0:51:57.399 That is creepy. How don't gotta win? 0:51:58.160 --> 0:52:02.160 No, I was. It was a win. It was a 0:52:02.200 --> 0:52:03.200 win for insurance. 0:52:04.640 --> 0:52:07.760 I think that I'm gonna I'm gonna spin this into 0:52:07.800 --> 0:52:10.719 a win for the power of insurance because well, one, 0:52:11.120 --> 0:52:13.200 you know, as a business, I think it's good to 0:52:13.200 --> 0:52:16.439 protect yourself and like ninety five money and lending Tree 0:52:16.520 --> 0:52:18.719 have lost prevention for this type of thing, but the 0:52:18.760 --> 0:52:21.520 same thing can happen so easily in your personal life, 0:52:21.600 --> 0:52:25.560 and I think it's important another reminder why it's important 0:52:25.560 --> 0:52:29.520 to have renters insurance or some form of homeowners insurance. 0:52:30.200 --> 0:52:33.640 I don't know about homeowners, but when my brother's car 0:52:33.719 --> 0:52:37.600 was broken into and he lost his laptop during college, 0:52:37.640 --> 0:52:42.359 his renter's insurance policy replaced it immediately without any even 0:52:42.400 --> 0:52:46.440 though it didn't happen is in his apartment. So the 0:52:46.600 --> 0:52:49.480 damage to us really wasn't that as bad as it 0:52:49.480 --> 0:52:52.160 would have been had we not had that protection and 0:52:52.280 --> 0:52:55.600 insurance in place. So that's my win, and I'm going 0:52:55.680 --> 0:52:57.919 to update my Renter's insurance policy now that I'm thinking 0:52:57.920 --> 0:52:59.360 about it, because I don't. 0:52:59.080 --> 0:53:01.360 Know if they know I live in as you know. Okay, 0:53:01.560 --> 0:53:02.360 I'll all have to fix that. 0:53:02.520 --> 0:53:05.799 But in a win for the finest New York City 0:53:05.840 --> 0:53:09.000 Police Department who stayed in our office inexplicably for six 0:53:09.040 --> 0:53:13.879 hours all day. Oh chilling, just chilling, and shout out 0:53:13.920 --> 0:53:16.279 to the robber who didn't. 0:53:15.920 --> 0:53:18.680 Have a bag to take the laptops away in. 0:53:18.920 --> 0:53:21.680 So they dumped out a ridiculous like you know how 0:53:21.719 --> 0:53:24.319 you go to conferences and you get goodie bags. Yes, 0:53:24.440 --> 0:53:28.239 so our co founder Nick he got this ridiculous like 0:53:28.800 --> 0:53:32.319 pink flowery vera Bradley tote bag the giant ones like 0:53:32.320 --> 0:53:35.160 they sell at TJ Max from a conference, and they 0:53:35.239 --> 0:53:37.719 dumped everything out of it and took the loot in 0:53:37.800 --> 0:53:41.200 this like pink flowery fever Bradley bag. So I'm just 0:53:41.239 --> 0:53:43.320 waiting for them to find that security footage. 0:53:43.520 --> 0:53:47.200 Yeah, it's just that lazy, like I mean, yeah, well, 0:53:47.280 --> 0:53:52.240 robber's hopefully your time is limited. So my win actually 0:53:52.280 --> 0:53:56.800 comes directly from our Facebook page. Brad Ambission, I forgot 0:53:56.840 --> 0:54:01.040 I shared this, so President and first Lady, I mean, 0:54:01.080 --> 0:54:04.160 well whatever, yes, I'm claiming them President first Lady from 0:54:04.160 --> 0:54:07.560 Barack Obama have chosen one of my favorite artists of 0:54:07.560 --> 0:54:10.000 all time and another young woman who I'm not familiar with, 0:54:10.000 --> 0:54:12.800 but I'm sure she's dope to paint their official portraits. 0:54:12.800 --> 0:54:15.480 So you know, every president and first Lady have they 0:54:15.480 --> 0:54:17.920 have official portraits. And so what I love is he 0:54:18.040 --> 0:54:22.200 chose this African I believe it's Nigerian artist named K. 0:54:22.719 --> 0:54:24.480 I'm gonna say his name wrong, and every Nigerian is 0:54:24.480 --> 0:54:31.960 gonna roll their eyes. Okay, Khindi Wiley, Khindi, Khindi, Khindi. Oh, 0:54:32.000 --> 0:54:36.040 I'm sorry that Jan Massive, I'm sorry. And Amy Ryls 0:54:36.160 --> 0:54:38.440 so Amy I believe is African American as well. And 0:54:38.520 --> 0:54:42.520 k Hindi his artwork is so beautiful. Actually posted this 0:54:42.600 --> 0:54:45.120 picture once I had gone to I think it was 0:54:45.160 --> 0:54:47.720 Brooklyn Museum, and he has this bust of a woman 0:54:48.400 --> 0:54:51.680 who her hair is braided. It's like three busts of 0:54:51.719 --> 0:54:53.680 women and their hair kind of like meets in the middle. 0:54:53.920 --> 0:54:56.680 And I swear that the woman's face because she could 0:54:56.719 --> 0:54:58.839 have been my sister. So I took a picture of 0:54:58.920 --> 0:55:02.439 myself to it, and I said, I came in search 0:55:02.440 --> 0:55:04.480 of beauty and I found myself or something to that effect. 0:55:04.560 --> 0:55:08.360 It was so beautiful. His work is so beautiful, and 0:55:08.400 --> 0:55:11.359 it really highlights all the beauty that's in the brown 0:55:11.400 --> 0:55:14.359 and black diaspora. And so I love the fact that 0:55:14.800 --> 0:55:18.120 you know that they that they chose their their portrait. 0:55:18.200 --> 0:55:21.920 I just that's huge, you know, And so yeah, I 0:55:21.960 --> 0:55:26.280 cannot wait. So and he's the one you remember for Khindi. 0:55:26.600 --> 0:55:30.520 He's the one you remember those huge oversized portraits of 0:55:30.719 --> 0:55:35.600 like you would see of black men in like tins 0:55:35.680 --> 0:55:38.439 and whatever, but they were postured like these like these 0:55:38.480 --> 0:55:40.359 old European portraits, like if you go to the Mets 0:55:40.960 --> 0:55:43.480 and like, you know, you see like these like European 0:55:43.520 --> 0:55:46.359 portraits of people like on horses or like they're all 0:55:46.400 --> 0:55:50.520 like formal or whatever. So he would paint African American 0:55:50.600 --> 0:55:53.640 men in like their regular street clothes but with this 0:55:53.840 --> 0:55:59.160 like very austere background. Like yeah, and they're huge, I 0:55:59.200 --> 0:56:01.200 mean when I say huge, Lord of Ceiling. So you 0:56:01.280 --> 0:56:03.000 have to go see I've seen it, I think, did 0:56:03.000 --> 0:56:04.680 I see that the Met or the I believe I've 0:56:04.680 --> 0:56:06.239 seen his work either at the Met or at the 0:56:06.920 --> 0:56:08.960 Brooklyn Museum. But it was beautiful, and I remember just 0:56:09.000 --> 0:56:11.680 being stunned. So that's a win for you, young brother 0:56:11.800 --> 0:56:14.719 and sister. He's my Facebook friend only because you know 0:56:14.920 --> 0:56:17.440 I request. I always request random people on Facebook Friends. 0:56:17.560 --> 0:56:20.319 I'm totally a Facebook yes, like if you if you right? 0:56:20.360 --> 0:56:23.279 Oh my god, my friend Sarah is so amazing. She 0:56:23.440 --> 0:56:25.400 just got such and such from Force magazine. I'm like, 0:56:25.440 --> 0:56:27.160 you mean my friend Sarah, Hey, girl. 0:56:28.400 --> 0:56:29.000 That person. 0:56:29.440 --> 0:56:32.719 I'm like, I want to say my circle. I want 0:56:32.719 --> 0:56:34.799 to feel the vibes, and I would say I have 0:56:34.840 --> 0:56:37.520 a good forty percent rate of like acceptance. I'm like, yes, 0:56:37.760 --> 0:56:39.719 me and Sara are friends now. And if I can't like, 0:56:39.719 --> 0:56:41.800 sometimes Basebook will say, Tippy, you have too many friends. 0:56:41.920 --> 0:56:44.319 I will own friend a friend that's not carrying their 0:56:44.360 --> 0:56:50.399 weight and be like, girl, you're out. Sarah's in. Oh 0:56:50.520 --> 0:56:53.840 my gosh, I'm the worst. Anyway, it's been awesome as usual. 0:56:55.520 --> 0:56:58.840 Did this episode feel different to you? 0:56:58.920 --> 0:57:00.000 What in a bad way and a good way? 0:57:00.080 --> 0:57:00.719 In a good way? 0:57:00.800 --> 0:57:04.600 Do you realize this is a one hundredth episode? Oh 0:57:04.680 --> 0:57:09.840 my god, I remembered, and then I forgot. Well you 0:57:10.000 --> 0:57:11.920 mentioned I meant to mention at the beginning. 0:57:11.640 --> 0:57:11.960 Of the show. 0:57:12.000 --> 0:57:13.080 We're just an old married couple. 0:57:13.120 --> 0:57:16.440 Now old married podcast couple Forgetting Our Wow one hundred 0:57:16.480 --> 0:57:18.880 half of Verse one hundred episode of Versary. 0:57:19.280 --> 0:57:21.440 I can't remember what I person met you, Maddy. Weren't 0:57:21.440 --> 0:57:23.000 you working at I don't think we just spoke on 0:57:23.040 --> 0:57:26.960 the phone. You're working at Yes, and you did an interview, 0:57:27.000 --> 0:57:28.880 and I remember I was so excited, like, oh my god, 0:57:28.880 --> 0:57:29.760 I'm famous. 0:57:29.400 --> 0:57:32.800 Now, and then we were and everything happened for you. 0:57:33.320 --> 0:57:36.440 Right, I was not famous then I was like what okay? 0:57:36.520 --> 0:57:38.880 And then you I met you at Think and I 0:57:38.920 --> 0:57:41.280 was like, wow, I like her in real life. And 0:57:41.400 --> 0:57:43.480 we took like a long walk like it was like, yo, 0:57:43.680 --> 0:57:46.320 we really corded, we really recording. Remember, we were like, 0:57:46.360 --> 0:57:49.400 you know what, let's get the the Finn contestivities. Let's 0:57:49.400 --> 0:57:53.040 just take a long walk on the byo. And I 0:57:53.080 --> 0:57:55.280 think you were talking to me about husband at the time, 0:57:55.280 --> 0:57:57.560 but he wasn't husband and my superman at the time. 0:57:57.560 --> 0:57:59.640 If he wasn't my husband, Yo, look how far we've come. 0:57:59.680 --> 0:58:11.360 We've got married. Maddy has gone natural. Oh my goodness, 0:58:11.840 --> 0:58:15.320 there's somebody right. I started a new business, you started 0:58:15.320 --> 0:58:17.520 a new job. I mean, so many things have happened. 0:58:17.600 --> 0:58:18.800 I'm pregnant, just kidding. 0:58:21.640 --> 0:58:25.760 I right. Hopefully you know next podcast. But yeah, that's awesome. 0:58:25.800 --> 0:58:28.440 Thank you guys for listening our hundredth episode. 0:58:28.920 --> 0:58:32.520 Thank you for wanting a hundred episodes. Because I remember 0:58:32.720 --> 0:58:33.760 not even knowing if this was. 0:58:33.760 --> 0:58:36.360 A good idea. I just knew I really wanted to 0:58:36.400 --> 0:58:38.240 do it, and y'all who told me no? 0:58:38.480 --> 0:58:41.040 And I was like, I'm a dude anyway, and I 0:58:41.160 --> 0:58:41.760 was gonna help. 0:58:42.680 --> 0:58:44.800 I was like, okay, I was even sure what the 0:58:44.800 --> 0:58:49.080 podcast was and I was like, okay, yes, And I 0:58:49.120 --> 0:58:51.840 have to say that if you want to congratulate us 0:58:51.880 --> 0:58:57.520 on our hundredth episode, can you please leave review on iTunes? Yeah? 0:58:57.600 --> 0:59:01.960 Can you give us as a gift on our episode aversary? 0:59:02.000 --> 0:59:03.520 Please leave with the review. That'd be awesome. 0:59:03.600 --> 0:59:06.760 Even if you have already you know, sign in from 0:59:06.760 --> 0:59:10.280 your husband's account, here's your mom, she doesn't use it. 0:59:10.560 --> 0:59:14.240 Just just leave with the review saying how you know 0:59:14.360 --> 0:59:16.520 how you feel, which is awesome about us? Clear when 0:59:16.520 --> 0:59:19.680 you're listening, that's you, Jamal, Jamal, have you left a review? 0:59:20.120 --> 0:59:22.000 I know we pick on you, but you know, just 0:59:22.080 --> 0:59:24.640 I'm just saying, Jamal needs to tell a friend. 0:59:24.880 --> 0:59:26.400 Everybody tell a friend,