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Speaker 1: Hey va, fam, it's Mandy Money here. Now. I believe

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Speaker 1: that we all have a unique superpower in life, me personally.

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Speaker 1: I was lucky enough to discover mine about ten years ago.

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Speaker 1: I was just a few years into my career as

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Speaker 1: a financial journalist. I had spent weeks I was interviewing

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Speaker 1: at this huge media company which you guys may or

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Speaker 1: may not have heard of, called Yahoo, and they wanted

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Speaker 1: to poach me. I suspected that I was underpaid at

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Speaker 1: the time, and I was ready to finally tip the

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Speaker 1: scales back in my favor. I plucked up every kernel

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Speaker 1: of courage I had and I negotiated the hell out

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Speaker 1: of that offer. In the end, I walked away super

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Speaker 1: victorious with a twenty eight thousand dollars salary bump and

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Speaker 1: a forty five thousand dollars batch of equity, and from

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Speaker 1: that point on I never looked back. That was the

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Speaker 1: day that I learned my superpower was being able to

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Speaker 1: fight through my fear and my doubts, leverage my skills

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Speaker 1: as a storyteller and business reporter, negotiate like a bad ass. Now,

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Speaker 1: those negotiation skills propelled me to a multiple six figure

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Speaker 1: salary before the age of thirty. But that would not

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Speaker 1: be that exciting if I couldn't help y'all as well.

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Speaker 1: So that's why for the past year and a half,

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Speaker 1: I have coached hundreds of women from across the US

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Speaker 1: and beyond in their job searches and their salary negotiations.

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Speaker 1: And the wins that I have seen y'all secure incredible,

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Speaker 1: like an attorney who I helped get a ten thousand

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Speaker 1: dollars salary bump and a fifteen thousand dollars signing bonus

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Speaker 1: just this past March. And another woman named Rose who

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Speaker 1: used my negotiation scripts to score three thousand dollars more

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Speaker 1: from a recent job offer. Y'all, these wins have showed

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Speaker 1: me that I am meant to do this work, and

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Speaker 1: I am so excited that I am going to be

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Speaker 1: relaunching my sold out masterclass called Nail Your Negotiation. The

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Speaker 1: Masterclass five steps to negotiate like a bad ass and

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Speaker 1: never leave money on the table again. I'm going to

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Speaker 1: be coming to you live with this masterclass on Tuesday,

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Speaker 1: November eighth at eight pm Eastern Standard time. Check the

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Speaker 1: show notes for a link to register. Y'all. My first

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Speaker 1: masterclass last month completely sold out. We were turning away

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Speaker 1: people at the virtual door. You do not want to

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Speaker 1: miss out on this, so definitely register. Go to Nail

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Speaker 1: your Negotiation dot Com to grab your seats. I hope

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Speaker 1: to see y'all there. Here's what I'm going to be

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Speaker 1: covering in this masterclass. You're going to learn how to

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Speaker 1: finally get over your fear of negotiating, how to brand

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Speaker 1: yourself so you can attract the juiciest job offers, how

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Speaker 1: to figure out what to ask for before you negotiate,

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Speaker 1: how to nail that interview so they practically throw money

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Speaker 1: at you, And last but not least, how to rock

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Speaker 1: that counteroffer and you leave no crumbs behind. Plus, live

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Speaker 1: attendees are going to get a free bonus negotiating cheat

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Speaker 1: sheet that's going to make it super easy to calculate

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Speaker 1: your target salary, so you go into a negotiation strong

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Speaker 1: knowing your value. Let's do this, y'all. Join me November

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Speaker 1: eighth at eight pm for the Nail your Negotiation Masterclass again.

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Speaker 1: Grab your seat. They are limited. Only five hundred seats

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Speaker 1: are open. Go to Nail Yournegotiation dot Com to grab

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Speaker 1: your seat and I will see y'all their moneymakers.

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Speaker 2: Dinna Duna duh.

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Speaker 1: It's the bag A C A, y'all. I can't believe

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Speaker 1: I just did that. Tiffany, please come back. Y'all know

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Speaker 1: I'm not good at singing the intros to the show,

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Speaker 1: but that was my staff. Y'all. It is B A

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Speaker 1: Q and A Friday, and I'm so excited to be

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Speaker 1: sharing a very special edition of our brand Ambission Q

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Speaker 1: and A with y'all this week. These questions were answered

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Speaker 1: during our live Halloween special where we were joined by

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Speaker 1: the incredible Delianbarrows from Delianne Money Coach and Mark Russell,

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Speaker 1: my baby brother from another mother, Mark Russell from Betterwallet

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Speaker 1: join us live in the Brand and Mission Studio on YouTube.

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Speaker 1: We were able to take some questions from the crowd

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Speaker 1: live on air and we have got those Q and

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Speaker 1: A for y'all today. But don't forget. You can send

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Speaker 1: me your question and you can be a part of

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Speaker 1: the Brown Ambition Show. We'd love to have you. Why

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Speaker 1: don't you go to IG right now, give us a follow,

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Speaker 1: slide into our DMS and submit any questions you have

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Speaker 1: on finances, career, business, whatever it may be. We are

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Speaker 1: your financial besties. We can't wait to hear from y'all

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Speaker 1: and without further ado, let's get on into this spooky

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Speaker 1: b A Q and A and I promise I'll stop

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Speaker 1: singing now. Okay, Christina has a question in the chat.

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Speaker 1: Let's see what is ooh good one. I don't even

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Speaker 1: know the answer to this one. What's really going on

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Speaker 1: with the student loan forgiveness? This is Biden's do loan

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Speaker 1: forgiveness plan. There's so much being said, but nothing is

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Speaker 1: really clear. It is giving very much like Public Service

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Speaker 1: loan forgiveness, which was so like it was released and

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Speaker 1: then it was super confusing when people actually, you know,

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Speaker 1: took their tenures and they could apply for it. It

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Speaker 1: was all very like opaque. But like, let's let's set

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Speaker 1: the context. So Biden announced this a month ago. Now

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Speaker 1: was it in September? August?

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Speaker 2: Are we talking because two different things? Are we talking

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Speaker 2: about the PSL up forgiveness? I start we talking about

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Speaker 2: the ten to twenty thousand dollars long.

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Speaker 1: One talking about the ten to twenty k Yeah, I

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Speaker 1: was just like comparing it to just how confusing that

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Speaker 1: whole forgiveness process was. Yeah, but they announced it in

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Speaker 1: August and now there's a lawsuit, right like they're being

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Speaker 1: fought in court as we know, what do you guys

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Speaker 1: know about the latest with the potential for this you know,

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Speaker 1: incredible program which everyone was so excited about the ultimate

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Speaker 1: fate of it.

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Speaker 2: Well I'm hearing that like they're still very optimistic about

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Speaker 2: it and that they're going to start issuing payments soon hopefully.

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Speaker 2: But it's stuck right now at the Eighth Circuit. Right,

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Speaker 2: So the district court is like, there's levels to lawsuits.

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Speaker 2: So they came in at the district court level. That

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Speaker 2: judge was like, we're throwing this out. You guys have

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Speaker 2: no standing, which means like you're not being injured by this,

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Speaker 2: So if you can't prove injury, we're going to throw

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Speaker 2: this out. And so they did. But then they appealed

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Speaker 2: it to the Eighth Circuit. And this was intentional by

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Speaker 2: the Republic who file this lawsuit. They specifically filed it

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Speaker 2: in the Eighth Circuit, which is a very conservative circuit

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Speaker 2: because they thought that the judges would be more open

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Speaker 2: to their arguments. And so now it's stuck at the

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Speaker 2: Eighth Circuit. They're reading the briefs, they're hearing arguments, and

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Speaker 2: they're going to make a decision of whether or not

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Speaker 2: they're going to pause the program permanently or they're going

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Speaker 2: to let it continue. So the good news is that

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Speaker 2: even the Supreme Court has already preemptively rejected any challenge

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Speaker 2: to it. So now you've got the Supreme Court rejecting it,

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Speaker 2: the District Court rejecting it, and now it's just the

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Speaker 2: Eighth Circuit Court in the middle. But from everything that

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Speaker 2: I'm reading from the Biden administration, they're still very optimistic

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Speaker 2: this is going to go forward. So until we know otherwise,

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Speaker 2: I would try to like not panic this. Again, it's

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Speaker 2: one of those things that it's out of our control.

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Speaker 2: It's out of our hands, So there's no point in

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Speaker 2: panicking about it. As soon as there's something new that's

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Speaker 2: going to be posted about it, I guarantee you you

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Speaker 2: will care about it because every social media platform is

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Speaker 2: talking about it. We are all on top of it.

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Speaker 2: If you follow any of us.

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Speaker 1: Follow these two especially, could.

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Speaker 3: You talk amongst each other just trying to figure out

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Speaker 3: like are we on the same page? Like okay, like

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Speaker 3: what are you talking about?

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Speaker 2: What're you talking about?

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Speaker 3: But yeah, I mean, like the lawsuits coming through and

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Speaker 3: just going through the different I didn't even know all

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Speaker 3: that dealy answer. Thank you for providing some context. But yeah,

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Speaker 3: I mean I think it just comes down to just politics,

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Speaker 3: which unfortunately they have to go through before there was

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Speaker 3: any relief.

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Speaker 2: I always say money's political, and this is a perfect example, right,

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Speaker 2: Like this is literally we're right before the midterms. Both

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Speaker 2: sides are being you know, catered to in their way,

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Speaker 2: so top of politicians do politicians are going to a politician,

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Speaker 2: you know, like you can't like you can't blame them

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Speaker 2: for doing exactly that's what.

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Speaker 1: We want, right, I'm like, we voted for you do

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Speaker 1: some stuff like when we get a little dance, you

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Speaker 1: promised us you had some moves, mister Joe, and he's

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Speaker 1: finally doing it, and everyone's like, yeah, he's just doing

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Speaker 1: it because it's midterms. I'm like, yeah, that's the whole thing.

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Speaker 1: That means that he's afraid of our power as voters

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Speaker 1: and he needs to.

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Speaker 2: But it's also what he campaigned on and what he promised,

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Speaker 2: so he's trying to deliver on that promise. Otherwise, like

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Speaker 2: what was the point of us, you know, like taking.

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Speaker 3: Your word for that exactly. I think the big CTA

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Speaker 3: or call the action is like, make sure you're applying.

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Speaker 3: I think there are so many people out there that

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Speaker 3: are not applying, and the time is now, the applete

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Speaker 3: from the last time I checked, the applications are still open.

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Speaker 3: You can go and apply for student loan debt forgiveness.

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Speaker 3: And again to Delian's point, like control what you can

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Speaker 3: and you know, hopefully if everything pushes through, then you

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Speaker 3: end up gaining that you know, ten I guess ten

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Speaker 3: to twenty thousand dollars with debt relieved, which can help

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Speaker 3: out a significant amount of Americans.

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Speaker 1: Yeah. Yeah, my sister is so excited. I think she's

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Speaker 1: getting like eighteen thousand between her and her husband, eighteen

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Speaker 1: thousand forgiven. And I mean that's a game changer for

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Speaker 1: them because she works in healthcare and they don't pay

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Speaker 1: them nearly enough, nearly enough. Should we take one more question?

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Speaker 1: Let's see John has a question the chat. With the

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Speaker 1: holidays coming up and having a big family, what's the

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Speaker 1: best way to budget for buying gifts while still having

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Speaker 1: enough to take care of bills. I would consider like

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Speaker 1: going after Halloween and starting your shopping. You little late John,

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Speaker 1: you got to get in there early.

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Speaker 2: Budget.

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Speaker 1: I'm feeling like shopping in July, like this will be

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Speaker 1: good for so and so, and start like that's my

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Speaker 1: my strategy is like by throughout the year and then

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Speaker 1: try not to forget where you put the stuff. That's

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Speaker 1: my strategy. What do y'all say?

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Speaker 2: I would say, I no longer buy toys for my

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Speaker 2: friend's kids. Sorry, thank you enough. I contribute to their

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Speaker 2: five twenty nines. I'm like, you're set up a five

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Speaker 2: twenty nine. If so, I will happily contribute to it.

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Speaker 2: And you know that's my vibe now, and I I

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Speaker 2: think that that is it's been. The parents are very

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Speaker 2: grateful for it. It's not awkward at all. You get

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Speaker 2: to also educate your friends on it if they don't

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Speaker 2: know what a five twenty nine is. And that's been

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Speaker 2: my strategy for a couple of years now.

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Speaker 3: Yeap, totally agree. Either a five twenty nine or I

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Speaker 3: just give people money, like my sisters know every single

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Speaker 3: year I have five older sisters. I'm like, you guys

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Speaker 3: are getting money because I don't know. First of all,

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Speaker 3: I don't know what the hell you want. Second of all,

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Speaker 3: like I much rather just give you cash, because I'm

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Speaker 3: sure you much rather have fifty dollars than me pay

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Speaker 3: one hundred dollars.

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Speaker 1: For a product that you don't want.

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Speaker 3: So that allowed me to decrease how much I spend

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Speaker 3: during the holiday season. But when you think, when you

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Speaker 3: think about twenty twenty three, I talk all the time

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Speaker 3: on the platform, you know, make sure you're setting up

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Speaker 3: a sinking funder, a Christmas fund. I mean, twenty dollars

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Speaker 3: a week for fifty two weeks. It's more than one

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Speaker 3: thousand dollars that you could have for your kids or

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Speaker 3: for family that you can either give out or you

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Speaker 3: can buy toys, whatever it is, while not having to

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Speaker 3: think about, Okay, well how am I going to find

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Speaker 3: the money that I need in order to pay for

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Speaker 3: not only gifts but also the life expenses that I have.

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Speaker 3: So planning for Christmas starts on December, or Christmas of

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Speaker 3: next year starts December twenty sixth, right, So like, just

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Speaker 3: keep that in mind as you're planning out, you know,

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Speaker 3: Christmas gifts and everything. I think that was the only

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Speaker 3: money tip my mom has ever taught me, is like

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Speaker 3: to build a sinking fund, their Christmas fund.

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Speaker 1: You call the thinking fund.

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Speaker 3: Sinking Yeah, yeah.

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Speaker 1: Interesting, the sinking fund, all right, I feel like for

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Speaker 1: big families, if you have young kids, it's so hard though,

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Speaker 1: because I see the ads now coming up on YouTube.

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Speaker 1: I had to invest in the ad for YouTube kids

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Speaker 1: for Rio because my son, because I was like, he's

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Speaker 1: going to be inductrinated to want these toys. So the

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Speaker 1: ads come up and then their minds change all the time.

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Speaker 1: So I really can empathize with parents who are like, wait,

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Speaker 1: you said you were into Paw Patrol and July. Well

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Speaker 1: now it's December and it's all about I don't know,

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Speaker 1: like my Little Pony or whatever the kids are watching

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Speaker 1: these days, Blippy or these random Russian children who open

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Speaker 1: up toys and are bajillionaires on YouTube. But for me,

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Speaker 1: experience as rule. So I think having conversations when the

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Speaker 1: kids are old enough about what do you value? Do

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Speaker 1: you want If you want a toy, Okay, here's our budget.

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Speaker 1: We're gonna you can have toys and things. But what

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Speaker 1: if we put the same money we would put into

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Speaker 1: gifts into a family experience and maybe it's going on

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Speaker 1: a cruise or you know, going on a road trip

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Speaker 1: or a vacation or something. I hope that I can

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Speaker 1: create the kind of we were so gift obsessed as

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Speaker 1: kids in my household like and I, And it makes

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Speaker 1: me so sad because my parents, especially my mom. I

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Speaker 1: was raised by a single mom and she had four kids,

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Speaker 1: and I'm just like my heart breaks for her having

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Speaker 1: these greedy ass little kids landing toys, and I'm just

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Speaker 1: like want to go back and just squeeze my little

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Speaker 1: self like stam it, but I want to create, like

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Speaker 1: I don't know, to household where it's about those experiences,

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Speaker 1: and we recognize that it's a trade off. You know,

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Speaker 1: things you can't take with you, but these experiences as

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Speaker 1: a family, you know, we won't get back.

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Speaker 2: I recently tweeted something where I said, you know, I

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Speaker 2: grew up poor and my parents did the best that

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Speaker 2: they could. But at the end of the day, I

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Speaker 2: don't think about like the gifts or the things that

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Speaker 2: I didn't get. I think about all of the time

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Speaker 2: that I wanted with them but didn't have because my

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Speaker 2: parents were working all the time, and when they were home,

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Speaker 2: they were always tired. Like my parents were always exhausted.

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Speaker 2: My mom couldn't even sit for a movie with us,

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Speaker 2: like she would immediately fall asleep, you know, So I

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Speaker 2: would rather they work less and spend more quality time

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Speaker 2: with us and not buy you know, gifts or so

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Speaker 2: many gifts. I feel the pressure to like keep up

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Speaker 2: because at the end of the day, like, that's what

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Speaker 2: I remember is just how exhausted they were all the time.

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Speaker 2: So I think at the end of the day, and

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Speaker 2: that's what most kids want, they just want quality time.

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Speaker 2: They want your attention more than you know. When they're

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Speaker 2: opening the gift, they're like, are you looking at me

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Speaker 2: opening the gift? Want your attention, you know, So give

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Speaker 2: them your undivided attention. That is the best gift you

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Speaker 2: can give them.

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Speaker 1: Or if your mark, just throw money at them. So

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Speaker 1: let's a little brother move right there. If it's not cash,

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Speaker 1: it's like, here's a bath and body, You're welcome.

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Speaker 3: I have no clue, absolutely no clue we want.

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Speaker 1: And no time to figure it out, I guess anyway. Oh,

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Speaker 1: this has been so fun. Okay, let's take a quick

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Speaker 1: breaking break and we'll be right back with more of

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Speaker 1: our special Halloween Treat edition of the ba Q and

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Speaker 1: a let's pivot because I have a fun little segment.

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Speaker 1: We're gonna call this brand ambition trick oh treat. So

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Speaker 1: I'm going to ask you, guys. I'm going to run

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Speaker 1: through like a little list of financial things, concept headlines,

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Speaker 1: and y'all have to answer trick or treat. It should

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Speaker 1: be pretty self explanatory. Treat is good and trick is bad.

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Speaker 1: So I'm going to kick things off and we can

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Speaker 1: hopefully go a little bit speedy on this one. But

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Speaker 1: we're gonna start with cryptocurrency.

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Speaker 2: Trick or treat.

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Speaker 1: Trick shock, I'm amazed, trick you've thought about that for

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Speaker 1: a minute.

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Speaker 3: Well, I don't think I have enough time to explain,

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Speaker 3: but I would say trick.

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Speaker 1: Well, okay, explain for like ten seconds. All right.

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Speaker 2: Cool.

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Speaker 3: So I think when you think about any type of

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Speaker 3: if you bucket crypto underneath alternative asset classes, I think

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Speaker 3: there's a place in your portfolio for it, but it

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Speaker 3: should not be the entire portfolio. Right like when people

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Speaker 3: are going they're putting ninety percent of their money into crypto,

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Speaker 3: like their entire portfolio into crypto, I think then it

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Speaker 3: becomes a trick. But if you find a way to

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Speaker 3: use it strategically and let it be five, you know,

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Speaker 3: less than five percent of your portfolio, I think there's

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Speaker 3: there's an opportunity there We'll see how it pans out

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Speaker 3: into the future when we have more data on cryptocurrency,

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Speaker 3: but as of right now, it's it's a trick, and

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Speaker 3: I think people are falling for it.

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Speaker 1: Okay, no, especially black and brown people to a crazy extent.

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Speaker 1: Like if y'all, if you don't know what these words mean, Vanguard,

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Speaker 1: etf indext fun, don't be investing in crypto before you

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Speaker 1: understand these other terms. Okay, all right? What about buying

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Speaker 1: a house in today's housing market? Trick or treat?

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Speaker 2: Oh? That's always that is a trick, question, is what

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Speaker 2: it is. I think it's hard. It can always be

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Speaker 2: a trick if you don't run your numbers and you

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Speaker 2: don't actually know what you're getting into, right, If you're

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Speaker 2: just doing it because you've been told that that's like

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Speaker 2: what you're supposed to do as an adult, that you're

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Speaker 2: supposed to buy a house, that this is how you

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Speaker 2: build wealth. If all of your expectations are off, it's

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Speaker 2: a huge trick. If you're buying a home because you

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Speaker 2: absolutely want one, you know it's going to be a

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Speaker 2: big expense, but you want one. You want a backyard

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Speaker 2: for your family, you want more space, you want more privacy.

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Speaker 2: But you're not counting on this being like your retire plan, right,

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Speaker 2: You're not counting on this, you know, being like putting

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Speaker 2: all your eggs in this one house and that this

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Speaker 2: is going to be guaranteed, you know, generational wealth for

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Speaker 2: my family. I think then that it can be a tree.

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Speaker 2: So you have to It's all about like your perspective

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Speaker 2: when you buy the house, and also like are you

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Speaker 2: buying too much house? Are you overbidding? Are you you know,

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Speaker 2: giving into pressure. Just because you get approved for you know,

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Speaker 2: a million dollar mortgage doesn't mean that you go and

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Speaker 2: buy a million dollar house. So I think if whether

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Speaker 2: it's a trick or treat is like depends.

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Speaker 1: On you, right, yeah, yeah.

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Speaker 3: When Dellian mentioned in the beginning, I mean it's really

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Speaker 3: a numbers game because you're either going to get you know,

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Speaker 3: right now, prices are lower, but rates are high. You know,

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Speaker 3: a year ago the other way around, you know, housing

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Speaker 3: prices were higher and rates are low. So it's truly

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Speaker 3: a numbers game, and I think it does to Delian's point,

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Speaker 3: it comes down to what you want in your life,

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Speaker 3: Like where are you at in your stage of your

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Speaker 3: life because everyone's situation is different. I'm looking at the

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Speaker 3: Atlanta market now and I think there's a ton of opportunities.

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Speaker 3: Though rates are high, but you can always refinance after

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Speaker 3: a certain period of time. So if you need to

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Speaker 3: jump in, you know, do whatever you need to do.

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Speaker 3: Put yourself in a position to jump into the market.

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Speaker 3: But don't feel pressured from other people telling you to

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Speaker 3: do certain things, because, like investing, you know your time

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Speaker 3: to jump into the housing market or into the investing market,

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Speaker 3: whatever it might be, isn't going to be the same

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Speaker 3: as someone down the street or your best friend or

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Speaker 3: whoever else. It will always be different on your situation.

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Speaker 1: And you ain't co signing this mortgage, then you can

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Speaker 1: take your advice and take it to the internet streets

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Speaker 1: and leave me alone, all right? What about Elon musk

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Speaker 1: owns Twitter now trick or treat.

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Speaker 2: Or that is a big ass trick?

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Speaker 3: I agree?

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Speaker 2: Yeah?

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Speaker 1: What about the think? I mean, he brought a freaking sink?

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Speaker 2: What was that all about?

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Speaker 1: I don't even let it sink in. I'm the owner

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Speaker 1: of that now. Yeah, yeah, dad joke, Oh my god,

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Speaker 1: Well he got a lot of babies, Nick Cannon check.

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Speaker 2: Anybody can make a dad job.

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Speaker 3: Quirky guy. I think it's more of like the I

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Speaker 3: feel like the impact to social media world is what

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Speaker 3: I worry more about, because he's going to make some

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Speaker 3: pretty big moves with Twitter, I'm sure. I mean, he's

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Speaker 3: probably already made a bunch of moves over the last

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Speaker 3: forty eight hours. And I think he's going to influence

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Speaker 3: what Mark Zuckerberg does with meta and like, you know,

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Speaker 3: what other people do with their social media platforms, which

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Speaker 3: may not be extremely positive for the overall experience.

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Speaker 2: That's my biggest and the fact that he's like, you know,

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Speaker 2: he's taking a private which means less oversight. He's doing

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Speaker 2: that intentionally so that he can do whatever he wants

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Speaker 2: without having an answer to anyone, having to answer to shareholders.

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Speaker 2: And I will say the most disturbing thing that I've

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Speaker 2: seen is how, you know, the use of the N

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Speaker 2: word has shot up like forty five and since he's

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Speaker 2: taken over, so people are like, finally we can say

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Speaker 2: what we want, And yeah, that was terrifying. That was

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Speaker 2: really really scary.

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Speaker 1: So yeahant you know be fact checken, stay fact chicken.

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Speaker 1: All right, let's get it going. I gotta get more

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Speaker 1: and more and more Okay, what about this after pay

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Speaker 1: slash Clarina slash affirm.

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Speaker 2: Oh for creat big ass trick trick tricks.

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Speaker 1: Okay, I'm not gonna lie I used. I think I

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Speaker 1: used one of them to pay for my peloton. I

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Speaker 1: finally paid that thing off.

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Speaker 3: You're smart with money, right, like you're smart with money,

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Speaker 3: like you've you can you can kind of navigate that.

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Speaker 3: But I think it's the new credit card right without

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Speaker 3: the negative connotation that comes along with you.

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Speaker 1: It's just too good to be true. Well, I'm going

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Speaker 1: to have to pay that Sephora purchase. Come on now.

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Speaker 2: I did the same thing you do with Mandy with

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Speaker 2: my time too, And the way I did it was

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Speaker 2: it was set up as autopay, so I don't I've

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Speaker 2: never missed the payment. It was auto pay, and I'm like, oh,

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Speaker 2: zero percent auto pay cool. I think the problem is

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Speaker 2: that people don't do the autopay option right. And that's

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Speaker 2: how these companies make millions and billions of dollars is

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Speaker 2: on the late fees. Because I'm like, how is this

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Speaker 2: business model working? I don't understand they're charging zero percent?

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Speaker 2: How are they making money? It's on the late fees,

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Speaker 2: so that's how they get you. So, if you are

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Speaker 2: going to use one of these, just set it to

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Speaker 2: auto pay, cool, no problem. But if you're not going

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Speaker 2: to use the autopay option, I would stay away from it.

433
00:21:36,160 --> 00:21:38,200
Speaker 1: Yeah, I call them a treat. But with all those

434
00:21:38,440 --> 00:21:40,760
Speaker 1: all those quid pro quoe quotes like read the fine

435
00:21:40,760 --> 00:21:42,919
Speaker 1: print and I like to I could have paid for

436
00:21:42,960 --> 00:21:44,840
Speaker 1: it in cash, but I'm like, why tie up my

437
00:21:44,880 --> 00:21:47,720
Speaker 1: money with this bike if I can just zero percent

438
00:21:47,800 --> 00:21:49,919
Speaker 1: finance it and then keep my money in my savings

439
00:21:49,960 --> 00:21:52,560
Speaker 1: account where even I'm earning you know, maybe one percent

440
00:21:52,640 --> 00:21:55,080
Speaker 1: or two percent now anyway.

441
00:21:55,160 --> 00:21:57,960
Speaker 3: But Yeah, Similarly, like any other debt you take on,

442
00:21:58,080 --> 00:21:59,439
Speaker 3: you want to make sure you have a plan in

443
00:21:59,520 --> 00:22:01,520
Speaker 3: order to pay off. I think the challenge is a

444
00:22:01,520 --> 00:22:03,720
Speaker 3: lot of people around December they go and they buy

445
00:22:03,760 --> 00:22:05,399
Speaker 3: these gifts because they don't have the money and they

446
00:22:05,400 --> 00:22:07,040
Speaker 3: don't have the they don't have a plan to pay

447
00:22:07,080 --> 00:22:11,720
Speaker 3: it off, and they get into all this debt and

448
00:22:11,760 --> 00:22:15,320
Speaker 3: then they find yourselves getting in like January February worlds around.

449
00:22:15,359 --> 00:22:17,159
Speaker 3: They're like, okay, well I'm still making payments on this

450
00:22:17,280 --> 00:22:21,159
Speaker 3: thing that I bought in December and November, and I

451
00:22:21,160 --> 00:22:23,000
Speaker 3: don't have enough money to pay for it, right, So

452
00:22:23,000 --> 00:22:24,600
Speaker 3: you want to make sure you have that plan before

453
00:22:24,600 --> 00:22:27,320
Speaker 3: you get into really any debt, which it seems like

454
00:22:27,359 --> 00:22:28,560
Speaker 3: both you guys have I love.

455
00:22:28,480 --> 00:22:30,800
Speaker 1: That picture you just painted of that experience. I think

456
00:22:30,800 --> 00:22:33,359
Speaker 1: that's such a visceral feeling of you have that moment

457
00:22:33,400 --> 00:22:35,000
Speaker 1: of joy when they open up the gift and it's

458
00:22:35,040 --> 00:22:37,560
Speaker 1: so exciting, and then you're left with the bills a

459
00:22:37,600 --> 00:22:40,200
Speaker 1: couple of months down, and you're the pit in your stomach.

460
00:22:40,280 --> 00:22:42,240
Speaker 1: You know, there's like in your stomach and you feel

461
00:22:42,240 --> 00:22:45,160
Speaker 1: sick because they've already forgotten about that thing you bought

462
00:22:45,200 --> 00:22:47,159
Speaker 1: and you're still dealing with the debt. Okay, speaking of

463
00:22:47,200 --> 00:22:54,720
Speaker 1: which trick or treat Black Friday sales, Mark, You're a dude.

464
00:22:54,760 --> 00:22:56,960
Speaker 1: I know you were in those best Buy Black Friday ads.

465
00:22:57,000 --> 00:22:57,760
Speaker 2: I love best Buy.

466
00:22:58,040 --> 00:23:00,879
Speaker 1: I why do I know you so well? And I

467
00:23:00,880 --> 00:23:01,919
Speaker 1: don't even know you that well.

468
00:23:03,359 --> 00:23:04,520
Speaker 2: That's like my second home.

469
00:23:05,119 --> 00:23:07,360
Speaker 3: Anytime that I just have extra time, I'm in best Buy,

470
00:23:09,000 --> 00:23:11,360
Speaker 3: I would say again in long same vain, you want

471
00:23:11,359 --> 00:23:15,720
Speaker 3: to be strategic about what you buy. Like for example,

472
00:23:15,800 --> 00:23:19,280
Speaker 3: I needed a toothbrush and I went and I bought

473
00:23:19,320 --> 00:23:21,240
Speaker 3: it now, but I really thought about Hey, like I

474
00:23:21,240 --> 00:23:23,280
Speaker 3: could have bought this during Black Friday and it could

475
00:23:23,280 --> 00:23:26,400
Speaker 3: have been half off, right. I also, when I moved

476
00:23:26,400 --> 00:23:29,000
Speaker 3: down to Atlanta, I need a TV. If it fell like,

477
00:23:29,080 --> 00:23:31,480
Speaker 3: if I moved down here in November, I probably would

478
00:23:31,560 --> 00:23:33,359
Speaker 3: wait until Black Friday in order to buy because I

479
00:23:33,400 --> 00:23:36,600
Speaker 3: needed a TV. But I think sometimes people go and

480
00:23:36,600 --> 00:23:40,480
Speaker 3: they buy things that they don't need, and then months

481
00:23:40,480 --> 00:23:42,239
Speaker 3: down the road they're like, why did I buy that? Right?

482
00:23:42,280 --> 00:23:45,520
Speaker 3: The joy goes away? You know that that feeling is

483
00:23:45,640 --> 00:23:49,880
Speaker 3: very fleeting after some time. So I would say it's

484
00:23:49,920 --> 00:23:52,200
Speaker 3: a it's a treat. You know, have some fun, right,

485
00:23:52,240 --> 00:23:55,040
Speaker 3: Like we're like, how did how Delian start off? Like,

486
00:23:55,320 --> 00:23:57,119
Speaker 3: you know, you make the money, Like, go off and

487
00:23:57,280 --> 00:23:59,440
Speaker 3: live your best life, but make sure you have a

488
00:23:59,480 --> 00:24:02,960
Speaker 3: plan as going about doing it. So I'd say, take

489
00:24:02,960 --> 00:24:05,959
Speaker 3: advantage of it, have your fun, but again, still have

490
00:24:06,000 --> 00:24:08,240
Speaker 3: a plan and think about do I really need this

491
00:24:08,320 --> 00:24:09,159
Speaker 3: or do I want it?

492
00:24:09,760 --> 00:24:11,919
Speaker 2: Yeah. I think everybody likes the idea of getting a

493
00:24:12,000 --> 00:24:14,719
Speaker 2: deal and so, oh I got a deal on this,

494
00:24:14,840 --> 00:24:16,760
Speaker 2: but they don't realize that a lot of these stores

495
00:24:16,760 --> 00:24:20,160
Speaker 2: will actually increase their prices before Black Friday sale and

496
00:24:20,240 --> 00:24:23,280
Speaker 2: then say it's forty percent off when they've already built

497
00:24:23,359 --> 00:24:26,439
Speaker 2: in a huge markup. So there is a lot of

498
00:24:26,520 --> 00:24:29,520
Speaker 2: marketing gimmicks going on that you guys don't may not

499
00:24:29,600 --> 00:24:33,240
Speaker 2: even realize is happening behind the scenes. Understand, at the

500
00:24:33,280 --> 00:24:35,240
Speaker 2: end of the day, these stores will always come out ahead.

501
00:24:35,440 --> 00:24:37,879
Speaker 2: They will always come out ahead. And if they get

502
00:24:37,920 --> 00:24:39,679
Speaker 2: you to buy something that you were never planning to

503
00:24:39,680 --> 00:24:43,200
Speaker 2: buy in the first place, they win and you lose.

504
00:24:44,119 --> 00:24:46,840
Speaker 1: Yeah, I'm down for we need a new TV right

505
00:24:46,880 --> 00:24:48,399
Speaker 1: now too, and we're going to wait and see what

506
00:24:48,440 --> 00:24:50,520
Speaker 1: the sales are like. Even if we don't find something

507
00:24:50,520 --> 00:24:53,119
Speaker 1: good like, we'll get one. But it's like something that

508
00:24:53,160 --> 00:24:55,480
Speaker 1: you actually need that you're planning to buy to score

509
00:24:55,480 --> 00:25:00,080
Speaker 1: a good deal. When I'm day gal, I like shopping online.

510
00:25:00,280 --> 00:25:03,959
Speaker 1: I'm not going to nobody's store. I'm not waiting at all.

511
00:25:04,240 --> 00:25:06,400
Speaker 2: I live across from a mall and I never.

512
00:25:06,280 --> 00:25:06,760
Speaker 1: Go in there.

513
00:25:07,040 --> 00:25:07,240
Speaker 2: Ever.

514
00:25:08,359 --> 00:25:11,119
Speaker 3: It's a quick pro tip. If there's something that you

515
00:25:11,160 --> 00:25:13,359
Speaker 3: think that you want right now, let it be a

516
00:25:13,400 --> 00:25:16,080
Speaker 3: TV or a sound system, whatever it is, go to

517
00:25:16,119 --> 00:25:19,959
Speaker 3: Best Buy now, take pictures, figure out what the cost

518
00:25:20,119 --> 00:25:23,639
Speaker 3: is right now. That way, when November comes up, whenever

519
00:25:23,680 --> 00:25:27,200
Speaker 3: Black Friday is, you can go and check those prices

520
00:25:27,240 --> 00:25:29,720
Speaker 3: to see if it's actually fifty percent off or whatever

521
00:25:29,760 --> 00:25:33,280
Speaker 3: it is, and you will see what Delian's talking about

522
00:25:33,359 --> 00:25:37,160
Speaker 3: because I've seen and implemented the same strategies before when

523
00:25:37,160 --> 00:25:38,040
Speaker 3: I work in retail.

524
00:25:38,880 --> 00:25:41,840
Speaker 1: So yeah, there's also a Chrome extension I think it's

525
00:25:41,840 --> 00:25:44,200
Speaker 1: called price Checker that you can add to your Google

526
00:25:44,280 --> 00:25:46,640
Speaker 1: Chrome and you can just click it and it'll find

527
00:25:46,640 --> 00:25:48,360
Speaker 1: the same product you're looking at. So if you're looking

528
00:25:48,400 --> 00:25:50,160
Speaker 1: on Target or best Buy and it will show you

529
00:25:50,200 --> 00:25:52,960
Speaker 1: like four or five competitors and what they're So it

530
00:25:52,960 --> 00:25:55,280
Speaker 1: makes it really quick to makes it really easy to

531
00:25:55,359 --> 00:25:58,199
Speaker 1: quickly comparison shop. I think it's called price Checker. I'll

532
00:25:58,200 --> 00:25:59,480
Speaker 1: figure it out and put it in the show notes.

533
00:25:59,520 --> 00:26:01,960
Speaker 1: Whatever it is, all right, A couple more, a couple

534
00:26:02,040 --> 00:26:04,000
Speaker 1: more shrink flation trick or treat.

535
00:26:05,119 --> 00:26:06,520
Speaker 2: Oh that's a big ass trick.

536
00:26:07,080 --> 00:26:10,399
Speaker 1: Yes, we can't do this year. The bags are shrinking,

537
00:26:10,480 --> 00:26:12,480
Speaker 1: but the price everything.

538
00:26:12,720 --> 00:26:15,400
Speaker 2: My potato chips, I'm like, were my potato chips? They

539
00:26:15,560 --> 00:26:18,240
Speaker 2: are gone? I'm like, what's going on? Like it's either

540
00:26:18,280 --> 00:26:22,040
Speaker 2: more air or less chips. I'm like, something's happening here.

541
00:26:22,800 --> 00:26:24,320
Speaker 2: I could feel like because like I used to say,

542
00:26:24,400 --> 00:26:26,600
Speaker 2: I would go to Trader Joe's. I spend like about

543
00:26:26,600 --> 00:26:28,879
Speaker 2: one hundred and fifty dollars every ten days, and I

544
00:26:28,880 --> 00:26:31,440
Speaker 2: would be able to fill up like four shopping bags

545
00:26:31,760 --> 00:26:33,800
Speaker 2: and now I spend one fifty and I can only

546
00:26:33,800 --> 00:26:40,000
Speaker 2: fill up three bags. So definitely seeing shrinkflation happening, and

547
00:26:40,800 --> 00:26:43,360
Speaker 2: that one's there's really not much you can do about it, right,

548
00:26:43,400 --> 00:26:45,080
Speaker 2: You just kind of have to. If you do see

549
00:26:45,080 --> 00:26:49,080
Speaker 2: some products like really skyrocketing, you may want to consider

550
00:26:49,240 --> 00:26:52,840
Speaker 2: just like not buying that for the foreseeable future. But

551
00:26:53,240 --> 00:26:55,720
Speaker 2: some things you just need and it's like I can't

552
00:26:55,720 --> 00:26:56,280
Speaker 2: avoid this.

553
00:26:57,119 --> 00:26:59,359
Speaker 1: Yeah, it's about that price per ounce for me, or

554
00:26:59,359 --> 00:27:01,760
Speaker 1: price per unit. I'm always looking for that on the

555
00:27:01,760 --> 00:27:04,480
Speaker 1: barcode or with the little price on at the grocery store,

556
00:27:04,880 --> 00:27:06,919
Speaker 1: because if you buy the list of the bigger package,

557
00:27:06,960 --> 00:27:09,040
Speaker 1: usually you're paying less. But then it's also like I

558
00:27:09,040 --> 00:27:11,600
Speaker 1: don't want to waste anything. This is why I'm most

559
00:27:11,600 --> 00:27:13,360
Speaker 1: people who goes to the aisle at the grocery store,

560
00:27:13,359 --> 00:27:15,320
Speaker 1: and it takes me forever because I'm just reading everything

561
00:27:15,359 --> 00:27:19,560
Speaker 1: and doing mental calculation. Mark, is there anything I don't know?

562
00:27:19,600 --> 00:27:21,760
Speaker 1: Has Berry's boot Camp? Have they shrunk your classes and

563
00:27:21,760 --> 00:27:25,439
Speaker 1: it's still charge the same. I have no relation, hit you.

564
00:27:27,080 --> 00:27:29,000
Speaker 3: I was just trying to think through that, and there

565
00:27:29,040 --> 00:27:32,560
Speaker 3: hasn't been many ways. The only thing I can think

566
00:27:32,600 --> 00:27:36,399
Speaker 3: of is like the price of like meats, Like I

567
00:27:36,640 --> 00:27:40,879
Speaker 3: have a pretty protein heavy diet. When you go and

568
00:27:40,920 --> 00:27:43,000
Speaker 3: you buy meat from you have a Publix down the

569
00:27:43,000 --> 00:27:47,520
Speaker 3: street and the trailer Joe's and Whole Foods. Now, it's

570
00:27:47,920 --> 00:27:50,520
Speaker 3: definitely more expensive in order to buy like a pound

571
00:27:50,560 --> 00:27:54,760
Speaker 3: of meat. But otherwise I haven't paid as much attention

572
00:27:54,840 --> 00:27:56,200
Speaker 3: as I probably should.

573
00:27:56,680 --> 00:27:58,840
Speaker 1: Check your ptter and see if they were putting less

574
00:27:58,840 --> 00:27:59,679
Speaker 1: than that can.

575
00:28:00,200 --> 00:28:02,680
Speaker 3: Yeah, I need to check the clementines I just bought

576
00:28:03,160 --> 00:28:06,320
Speaker 3: to see if I'm getting less probably matter more.

577
00:28:06,640 --> 00:28:09,320
Speaker 1: Yeah, all right, let's make this the last one. TikTok

578
00:28:09,359 --> 00:28:15,520
Speaker 1: algorithm trick or treat mmm, trick, thank you. I think

579
00:28:15,520 --> 00:28:17,000
Speaker 1: it's because even when.

580
00:28:16,800 --> 00:28:20,720
Speaker 2: You do hate a viral, it's not the people you want,

581
00:28:21,320 --> 00:28:24,160
Speaker 2: so it doesn't even help you. Like I've had several

582
00:28:24,240 --> 00:28:28,959
Speaker 2: videos go super viral, like a million views, and they

583
00:28:29,000 --> 00:28:31,320
Speaker 2: feed it to like a bunch of teenagers, and I'm like,

584
00:28:31,440 --> 00:28:35,120
Speaker 2: these are not my people. These are not my people.

585
00:28:35,400 --> 00:28:38,360
Speaker 2: So it can be it can be frustrating on that

586
00:28:38,400 --> 00:28:41,960
Speaker 2: platform for sure. But you know, twenty twenty twenty one,

587
00:28:42,000 --> 00:28:46,760
Speaker 2: TikTok was glory days. I my business was booming. I

588
00:28:46,800 --> 00:28:49,080
Speaker 2: was getting a lot of business off of TikTok. Then

589
00:28:49,760 --> 00:28:52,840
Speaker 2: much less now now it's Instagram.

590
00:28:53,080 --> 00:28:55,360
Speaker 3: Yeah, I guess it depends on what viewpoint, right, So

591
00:28:55,400 --> 00:28:58,600
Speaker 3: if you're coming in as like the consumer in a way,

592
00:28:58,680 --> 00:29:02,040
Speaker 3: like you may be getting what you're looking for. Like

593
00:29:02,200 --> 00:29:05,760
Speaker 3: my TikTok is not booming in any form of fashion.

594
00:29:06,360 --> 00:29:08,680
Speaker 3: I never had, it never has and I don't know

595
00:29:08,720 --> 00:29:11,800
Speaker 3: if they ever will, but we'll see. But what I'm

596
00:29:11,800 --> 00:29:14,480
Speaker 3: looking at TikTok right now, I'm looking at like different

597
00:29:14,520 --> 00:29:16,600
Speaker 3: places that I want to travel, Like I'm playing a

598
00:29:16,600 --> 00:29:20,960
Speaker 3: trip to two Turks and my TikTok feed is like

599
00:29:21,000 --> 00:29:24,080
Speaker 3: all these different vacation places that like I really want

600
00:29:24,120 --> 00:29:26,240
Speaker 3: to go, so I'm saving them, I'm taking down notes,

601
00:29:26,240 --> 00:29:28,760
Speaker 3: I'm putting in the trip of vasor. So the algorithm

602
00:29:28,760 --> 00:29:32,040
Speaker 3: has been good to me from a consumer standpoint.

603
00:29:32,120 --> 00:29:34,360
Speaker 2: A consumer, I agree, fantastic.

604
00:29:34,360 --> 00:29:36,840
Speaker 3: But in terms of like business, and you know, I

605
00:29:36,880 --> 00:29:39,760
Speaker 3: feel like I put out prequality information and it's not

606
00:29:39,960 --> 00:29:42,640
Speaker 3: taking off as I would want it to. I think

607
00:29:42,680 --> 00:29:44,520
Speaker 3: they have some work to do on the algorithm.

608
00:29:44,520 --> 00:29:47,560
Speaker 2: Still, I will say like they're saying that TikTok is

609
00:29:47,560 --> 00:29:50,000
Speaker 2: going to be like the new Google, and it's true.

610
00:29:50,040 --> 00:29:52,080
Speaker 2: I do find myself. I use it only for the

611
00:29:52,160 --> 00:29:55,640
Speaker 2: search bar in TikTok and Google and like using it

612
00:29:55,680 --> 00:29:58,240
Speaker 2: as a Google feature and it's fantastic.

613
00:29:58,360 --> 00:30:01,120
Speaker 1: Especially for cooking. Yeah, I'm a huge TikTok's kind of

614
00:30:01,120 --> 00:30:03,720
Speaker 1: where I go to take a brain vacation. So I

615
00:30:03,720 --> 00:30:05,800
Speaker 1: don't follow a lot of personal finance or money stuff

616
00:30:05,800 --> 00:30:07,880
Speaker 1: on TikTok. I just like to go enjoy my fun,

617
00:30:08,360 --> 00:30:12,120
Speaker 1: love island bloopers, and it knows me too well, it

618
00:30:12,200 --> 00:30:15,640
Speaker 1: shows me too well. Oh well, this has been so fun.

619
00:30:15,720 --> 00:30:18,360
Speaker 1: Thank you Deli, thanks for saying yes to me. I

620
00:30:18,400 --> 00:30:20,320
Speaker 1: feel so privileged and I hope it was a good

621
00:30:20,400 --> 00:30:22,400
Speaker 1: use of your time. It was such a joy having

622
00:30:22,440 --> 00:30:27,080
Speaker 1: you here and Mark the little brother, who I just adore.

623
00:30:27,320 --> 00:30:29,480
Speaker 1: Even though you're not actually blood, you feel like blood.

624
00:30:30,280 --> 00:30:33,280
Speaker 1: Thank you so much for spending a little spooktacular Halloween

625
00:30:33,320 --> 00:30:35,480
Speaker 1: episode with me, and to the BA fan for tuning

626
00:30:35,480 --> 00:30:38,920
Speaker 1: in live on YouTube. Y'all are amazing. Thank you so

627
00:30:39,000 --> 00:30:42,080
Speaker 1: much for your continued support, and we will see y'all

628
00:30:42,200 --> 00:30:46,480
Speaker 1: next week. For our regular BA episode, Hey Ba fam.

629
00:30:46,520 --> 00:30:48,880
Speaker 1: We could not do this show without your support or

630
00:30:48,920 --> 00:30:51,640
Speaker 1: the support of our team behind the scenes. The Brown

631
00:30:51,640 --> 00:30:55,600
Speaker 1: Emission Podcast is produced by Cumulus Podcast Network. It's edited

632
00:30:55,640 --> 00:31:00,000
Speaker 1: by the wonderful Emani Crosby and produced by Tanya Bustos.

633
00:31:00,120 --> 00:31:03,239
Speaker 1: Stimplinsky is our in house tech crew, and I am

634
00:31:03,280 --> 00:31:06,280
Speaker 1: Bandy Witchard Santos your co host, and I will see

635
00:31:06,360 --> 00:31:10,960
Speaker 1: y'all next week.