Speaker 1: Hey, ba fan, Mandy here or Mandra you can call
Speaker 1: me Mandra and that's fine. I have a simple request
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Speaker 1: how we tell the Internet that our podcast is worth
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Speaker 2: Wait, we always die.
Speaker 1: Hi, somebody's tired.
Speaker 3: I'm like, hey, hey, hey we're back. We're black, we
Speaker 3: are brown, and so told that she hit me up
Speaker 3: like one of our listeners.
Speaker 2: I don't know if you remember when we had well,
Speaker 2: of course, I'm sure you remember. We had our dinner,
Speaker 2: like you know, like our one year anniversary.
Speaker 1: Yes, yes we did. We got like what did we do?
Speaker 1: We had maybe ten Brown Ambition listeners meet us in
Speaker 1: New York.
Speaker 2: Yeah, but that was someone's fun friend.
Speaker 1: That food was delicious, yeah, peel peal.
Speaker 2: Yes. And so one of the young women who came
Speaker 2: in Zinga, she like hit me on soul. So she
Speaker 2: was like, girl, you are overworking yourself to the bone.
Speaker 2: I need you to take one step, two step, three
Speaker 2: steps back. And so we actually we ended up chatting
Speaker 2: on the phone. It was just everything and so thanks,
Speaker 2: shout out to you and sing thank you so much.
Speaker 2: I needed that. Like she was like, I saw your
Speaker 2: last video, your last live you look like a walking dead.
Speaker 2: Basically I was like, wow, I have to go back
Speaker 2: and look at it. I was like wow, you know,
Speaker 2: and she's just like, you're doing too bad. So yeah,
Speaker 2: it was just like kind of like the like the
Speaker 2: shake up that I needed. So I was like, one
Speaker 2: more thing I can add, I can add more on
Speaker 2: no bicky. But yeah, so that's how you can tuse.
Speaker 2: I was like, wait, what do we open with? But
Speaker 2: let's get right into the souluce. I heard you had
Speaker 2: some tay.
Speaker 1: Some tea. Yeah, well, I mean we spill the tea
Speaker 1: last week and the response to last week's show, I
Speaker 1: think it was twofold one. It was the Dave Ramsey
Speaker 1: read the episode. Oh I said his name? Oh no,
Speaker 1: he who must not be named the read I and
Speaker 1: I was just telling Tiffany, you know, we'd kind of
Speaker 1: steer away from the topic of dr he just it's
Speaker 1: almost like that thing that we both know. You know,
Speaker 1: he's trash. Do we really need to say it out loud?
Speaker 1: We all know. But there's still so many of his
Speaker 1: fans and I have I had friends that I don't
Speaker 1: I have friends who are involved with their churches who
Speaker 1: I didn't know were such Dave Ramsey fanatics. And there
Speaker 1: are still a lot of people following him who don't
Speaker 1: know about all of his foolishness. So we talked about
Speaker 1: last week the Fox News interview where he went on
Speaker 1: there and put his whole foot in his mouth talking
Speaker 1: about although he would never say that, in fact, he's
Speaker 1: doubled down on the statement that he made that of
Speaker 1: course he has about how if you need a six
Speaker 1: hundred dollars or fourteen hundred dollars stimulus check, then your
Speaker 1: life you were basically screwed quote unquote before you know,
Speaker 1: way before you ever needed the government's handout. And we
Speaker 1: talked about that last week and since then, I think
Speaker 1: I had not seen this article, and Tiff, had you've
Speaker 1: seen this article, the one that came out in the January.
Speaker 2: Somebody you know heard our podcast and someone actually they
Speaker 2: sent it to me via DM was like, girl heard you,
Speaker 2: guys heard you Amandra on Bran Ambition. You need to
Speaker 2: read this. And I was like, what it was? Go ahead,
Speaker 2: tell the people about this article.
Speaker 1: I don't even know where to start. We're going to
Speaker 1: post a link, but if you if you wanted to
Speaker 1: send this to the loved one in your life to
Speaker 1: just help them see the error of their ways or
Speaker 1: help them see who he really is. This article is
Speaker 1: from a site called religious news dot Com and not
Speaker 1: only is the article worth reading, but they actually published
Speaker 1: the Dave Ramsey pr team's full response to the article,
Speaker 1: and it was hard. Oh you got to click. There's
Speaker 1: a link in the article. His team's response will tell
Speaker 1: you everything you need to know about the Dave Ramsey
Speaker 1: what is it called, Dave Ramsey Solutions company. It was
Speaker 1: mind blowingly, it was sarcastic, it was rude, it was disrespectful,
Speaker 1: and it just reminded me so much of the Trump
Speaker 1: administration and how they responded to anything that was, you know,
Speaker 1: short of overt just you know, anything that wasn't a
Speaker 1: Fox News like love fest. They would respond with bullying
Speaker 1: and with derision and and attack you know, reporters. And
Speaker 1: the scathing response from his team was just it was
Speaker 1: it was beyond the pale. It was insane. But the
Speaker 1: article itself the reason they were so mad, I mean
Speaker 1: it it talks about so Dave Ramsey. He you know,
Speaker 1: Dave Ramsey Solutions. His corporation consists of so much more
Speaker 1: than just his talk show. He's got you know, Financial
Speaker 1: Peace University, which that's the that's the financial education like
Speaker 1: course that he has gotten to be taught in all
Speaker 1: these churches across the country. Right, it's like a nine
Speaker 1: week course or something. On top of that, he sells
Speaker 1: financial products. He has like you know, he has this
Speaker 1: a team of of of deputized Dave ramsiers and and
Speaker 1: you know they sell a lot more than just Dave
Speaker 1: Ramsey the talk show. They really like evangelize his followers
Speaker 1: and to actually work in Dave Ramsey, as this article says.
Speaker 1: According to the article, they have to interview your spouse
Speaker 1: because your spouse has to be of you know, of
Speaker 1: Christian faith and not just like Christian faith. They actually
Speaker 1: have a moral code of ethics like at the company,
Speaker 1: and if they find you stepping a toe out of line,
Speaker 1: they can just fire you, apparently, and they have yes.
Speaker 1: So one woman, the story that got me the most
Speaker 1: was the one woman who she asked for maternity leave
Speaker 1: benefits under the federal the FMLA, the Federal Medical Leave Act.
Speaker 1: She asked for her maternity benefits and they said, no,
Speaker 1: you are not married. And by the way, you're fired
Speaker 1: because you had pre marital sex. They fired, like that's
Speaker 1: the thing that they can do. Somehow. They fired her.
Speaker 1: They fired someone else because his wife posted in a
Speaker 1: Facebook group that she was concerned because his company, Dave Ramsey,
Speaker 1: was asking hundreds of employees to get back to work
Speaker 1: very soon after the pandemic broke out. He was he
Speaker 1: was right there alongside Trump talking about how it was
Speaker 1: just gonna be a blip, don't worry, nothing to be
Speaker 1: concerned about. If you don't come to work, then you're
Speaker 1: a woos you know, like literally saying those words literally.
Speaker 1: And what was the thing about the gun? What did
Speaker 1: he was he waving a gun sound for?
Speaker 2: Yes? It was so some people created because they're like
Speaker 2: afraid of him. Some people created secret Twitter accounts to
Speaker 2: like complain, and he was like offering like people like
Speaker 2: rewards if you would out whoever had these Twitter accounts
Speaker 2: complaining about And then he's like, I hate gossips. And
Speaker 2: I guess at one of their like you know, all
Speaker 2: all team meetings, and whipped out a gun to to
Speaker 2: illustrate how much he hates gossips. I'm like, Yo, here's
Speaker 2: the thing. I don't I don't know why do y'all
Speaker 2: let people talk to you crazy? You know what I mean?
Speaker 2: Like that's I don't know. I mean, I guess we've
Speaker 2: all been there, Lord knows, I've been there. But like
Speaker 2: This is supposed to be a play place of service
Speaker 2: and kindness, I would think, but to have people talk
Speaker 2: to you crazy. I'm not talking about like these people
Speaker 2: who work there, because I know obviously some people are
Speaker 2: like I need to feed my family. But I'm saying
Speaker 2: with taking advice from someone who talks to you crazy
Speaker 2: when there are other places that you can take advice from.
Speaker 2: That's what I mean.
Speaker 1: Yeah, Like I just why choose him? Choose?
Speaker 2: Yes, why why choose him? Because here's the thing. I'm
Speaker 2: not saying all his all his advice is not the worst,
Speaker 2: but there are some advice that's so bad. Like one
Speaker 2: of his advice is that not to contribute to retirement Mandy,
Speaker 2: unless you paid off all your debt. What in the
Speaker 2: terrible losing out including your mortgage?
Speaker 1: Interesting, Like he's he's very hell bent on you not
Speaker 1: having a mortgage. Yes, I just.
Speaker 2: I And you know what, it would be sad. It
Speaker 2: would be funny if it wasn't sad. Because there was
Speaker 2: a woman in my comments who was going I posted
Speaker 2: this thing that debt free doesn't go wealth and that
Speaker 2: that deafree shouldn't be your focus, that it should be
Speaker 2: to grow wealth, and then wealth will help with your
Speaker 2: debt freedom. And she was like in my comments, like, oh,
Speaker 2: you're wrong. I followed Dave Ramsey method and I finally
Speaker 2: paid off my house and now I could start setting
Speaker 2: aside for retirement. And I was like, well, you miss out,
Speaker 2: you know, if you don't do that. She'said, well, you
Speaker 2: know at she was like forty seven, fifty years old.
Speaker 2: My heart sunk for her. I said, wait a minute,
Speaker 2: you haven't. You haven't said aside for retirement yet, and
Speaker 2: she said, well, it took me a long time to
Speaker 2: pay off my house. I was like, honestly, I'm I said,
Speaker 2: I'm not trying to be disrespectful, but you've lost that
Speaker 2: on like thirty years of compounding interest toward toward taking
Speaker 2: care of your older self. You've got fifteen more years
Speaker 2: to put aside everything you've got toward time. What kind
Speaker 2: of life is that?
Speaker 1: I just it was fine for him to file bankruptcy, though,
Speaker 1: and to step away from his DUTs, to use our
Speaker 1: legal system in his own favor, as so many Americans do.
Speaker 1: He uses shame. It's all about shame, and it's about
Speaker 1: it's an abusive it's very toxic and abusive to kind
Speaker 1: of to create the sense that you're doing it wrong,
Speaker 1: you need to do it this way. He himself, as
Speaker 1: you pointed out last week, that you know, did the
Speaker 1: same thing. He's a huge, huge hypocrite. And but the
Speaker 1: thing is, it's the religious element for me. I mean
Speaker 1: that is his audience, right, I mean he sees himself
Speaker 1: as this like financial messiah in a way. And I
Speaker 1: think people who are prone to follow any you know,
Speaker 1: to follow a religion in general, like you, you have
Speaker 1: to put your faith into something that And I'm not
Speaker 1: I personally, I am not incredibly religious. I'm from the South,
Speaker 1: I've you know, I had my feelings about religion. But
Speaker 1: in general, you know, any religion across the board, you
Speaker 1: have to put your faith into higher power and you
Speaker 1: have to accept certain beliefs and accept certain stories in
Speaker 1: order to like you have to accept a level of
Speaker 1: truth about the religion that you're entering it. And they
Speaker 1: all tell a story. You accept that version of the story.
Speaker 1: You say, I am this religion. And I think that
Speaker 1: that type of you know, profile is a little bit
Speaker 1: they're more willing to, you know, put their faith in
Speaker 1: like you said, the one person and can you talk
Speaker 1: about Tiffany because I actually I sat in on one
Speaker 1: of your many lives that we you know, one of
Speaker 1: your jillion lives that you do on Insta because you're
Speaker 1: not busy enough. And I think you reminded me of
Speaker 1: one of the things that you always say is you're
Speaker 1: not a fan of gurus, you know, like Dave. So
Speaker 1: do you want to talk about that a little bit.
Speaker 2: Yes, I'm not a fan of financial gurus or gurus
Speaker 2: in general. And now, from what I understand, the actual
Speaker 2: I'm not sure if gurus a Hindi word, but what
Speaker 2: it's supposed to mean from my understanding is it's supposed
Speaker 2: to mean teacher, not messiah. But we in the Western
Speaker 2: world tend to use guru as like you are the messiah.
Speaker 2: You are the go to for all things. Here's why
Speaker 2: I don't like because one person cannot possibly know all
Speaker 2: aspects of a particular topic. So like, for example, right,
Speaker 2: so if you think personal finance, you think insurance, estate planning, investing, budgeting, savings, credit.
Speaker 2: So if you think of all of those things, having
Speaker 2: someone be an expert in all ten components of something
Speaker 2: that I call financial hollness. My obligatory push from my book,
Speaker 2: get good with money available at getgodmney dot com. So
Speaker 2: but all you can't possibly be the super pro in
Speaker 2: all those things. I actually encourage people. Don't come to
Speaker 2: me for everything. You know, Get some of this from me,
Speaker 2: Get some of this from Nativa, Get some of this
Speaker 2: from Sandy, some of this from ash Cash, some of
Speaker 2: this from Earn Your Leisure, some of this from Kevin,
Speaker 2: some of this from Tila and Courtney, And I encourage
Speaker 2: that because then when something is incongruent, when you're like
Speaker 2: hum I heard Tiffany say this, but I feel like
Speaker 2: Kevin said this, that you can make decisions that are
Speaker 2: in alignment with you and your goals, you are able
Speaker 2: to think more critically. I don't want anyone to follow
Speaker 2: me blindly. You should be questioning me and everyone that
Speaker 2: you're listening to, because you're supposed to be practicing discernment,
Speaker 2: especially financial discernment. So that's why I always say I'm
Speaker 2: not your financial guru, I'm your financial girlfriend. Because when
Speaker 2: you have a guru, they like for example, dr might
Speaker 2: be really good at teaching you how to budget and safe.
Speaker 2: That's great, but he's the same person that's also told
Speaker 2: you now until you pay off your mortgage, don't set
Speaker 2: aside for your older self. So when you're eating cat
Speaker 2: food and he's living high off the heart because that
Speaker 2: man's business is worth well over four hundred million dollars, right,
Speaker 2: so he's not gonna come save.
Speaker 1: You way if you need his saving, then you got
Speaker 1: something wrong with you, right exactly.
Speaker 2: So it just goes to show them like if you
Speaker 2: Because one thing I don't like is that if you
Speaker 2: ever join one of those groups, the dr groups, if
Speaker 2: you even say you know, I think if you just
Speaker 2: like dissent in any way, they attack you. What level
Speaker 2: of Christianity is that? Well, you can't say, you know,
Speaker 2: I'm feeling something different. It just is baffling to me.
Speaker 2: But I don't say I try not to understand it because
Speaker 2: I'm just like whatever, I'm not here to save everyone.
Speaker 2: I'm here to help those who you know, would like
Speaker 2: to like to try something different, and to expose you
Speaker 2: to other people that have barrier levels of expertise in
Speaker 2: different topics. That's why I partner so much. But yeah,
Speaker 2: I don't believe in financial gurus. I believe that you
Speaker 2: should be looking for a myriad of teachers. If one
Speaker 2: person had all the answers. Then you would go to
Speaker 2: college and never switch classes, right like, and you would
Speaker 2: just have this one professor also teaches psychology, oh and statistics,
Speaker 2: oh and human you know, human anatomy, oh and your
Speaker 2: English class. Like that's just not how that works, because
Speaker 2: you know, the human brain is only capable of so
Speaker 2: much and so like, I just think that I want
Speaker 2: you to democratize how you get financial education so you
Speaker 2: can develop discernment, because one person cannot possibly have all
Speaker 2: the answers. And if someone shames you and tries to
Speaker 2: instill fear and blame because you are asking questions, you know,
Speaker 2: because you don't follow blindly, you know, that should be
Speaker 2: a real a huge red flag that a human being
Speaker 2: wants you to follow them blindly, you know, like this
Speaker 2: is not your parent, you know. And even then, ideally
Speaker 2: parents should not be looking for their children to follow
Speaker 2: them blindly, but a random person that's control. If you've
Speaker 2: had that article, please the Lincoln's in our description of
Speaker 2: this this podcast, read that article. You are going to
Speaker 2: be horrified. I actually gave him too much credit. I
Speaker 2: was like, oh my gosh, I did too.
Speaker 1: I honestly did. I had respect, you know, there definitely
Speaker 1: was respect and then respect of a journalist because that's
Speaker 1: my background. I'm always like, okay, listen, like that's his
Speaker 1: point of view. You know, I'm gonna have different voices
Speaker 1: in my articles and talk to other people. And I
Speaker 1: just kind of put him aside. But I yeah, he
Speaker 1: truly has infiltrated so deeply any any personal find Anyone
Speaker 1: who's ever got educated about personal finance will see a
Speaker 1: Dave Ramsey course or an article, or hear him online
Speaker 1: or hear him on a podcast. He's just so ubiquitous,
Speaker 1: you know, so even if they have and the thing is,
Speaker 1: he is in the way of voices like ours. And
Speaker 1: that's why, I mean, can we do a little happy
Speaker 1: dance for your Leisure right now? Have y'all? I feel
Speaker 1: like probably. I mean I was late to the Earn
Speaker 1: your Leisure party because you know, I had a baby
Speaker 1: and I was in a fog for so damn long.
Speaker 1: And they've only been around for two years. But these
Speaker 1: are two amazing men, Troy Millings Rashad Bilal and by
Speaker 1: the way, they're from Greenberg, which is where I live.
Speaker 2: Side they asked to come on the podcast. I've got
Speaker 2: to ask you that, yes, why.
Speaker 1: Are you fine?
Speaker 2: All right?
Speaker 1: Anyway, So hopefully they'll be guessed soon.
Speaker 2: But yeah, let it just happened.
Speaker 1: But yeah, let me say what I was gonna say.
Speaker 2: Sorry.
Speaker 1: Sorry, they slayed the Dave Dragon, y'all. They kicked him
Speaker 1: out of the top spot on iTunes. Oh like he
Speaker 1: was stuck there like that piece of like piece of
Speaker 1: like you know, tape or glue from like the poster
Speaker 1: you put up in your childhood bedroom that you can
Speaker 1: never get off the wall. That's where Dave spot at
Speaker 1: number one on business podcast was. They took him down. Yes,
Speaker 1: that is fine to me.
Speaker 2: Yes, but hopefully you'll be hearing. But so if you
Speaker 2: don't know is yeah, it's an awesome podcast by two
Speaker 2: black men. And what I love is that they showcase
Speaker 2: other black and brown folks that you might not ever
Speaker 2: have heard of prior to them being on their podcast,
Speaker 2: and it's just there. They have become a force in
Speaker 2: the financial space. And I love that they're also signing
Speaker 2: on like they have their own network and they're signing
Speaker 2: on people to their network, Like my friend ash Cash
Speaker 2: is on their network. And as a result, that's just
Speaker 2: like number Vision. He's been on Bron and Bish that's right,
Speaker 2: So you don't girl, I'm because I talked to ask, like,
Speaker 2: you know, that's like my brother from not mother. So
Speaker 2: I like, how many times have we have just chatted?
Speaker 2: I'm like, what's it on? Brown and bish and chatting?
Speaker 2: But yeah, And I'm just so impressed with what the
Speaker 2: guys are doing. And I'm just really glad that there's
Speaker 2: so many alternatives that and and I love the I
Speaker 2: don't know if you saw, like obviously some of them,
Speaker 2: the comments that they were like, thank you so much
Speaker 2: for like this, that amazing list that we were just
Speaker 2: kind of spewing out and another person and another person
Speaker 2: and another person, because I think it's, like I said,
Speaker 2: it's important that you see that there are so many
Speaker 2: amazing financial educators and experts out there. You don't have
Speaker 2: to get yelled at to learn.
Speaker 1: Yeah, I was Friday night. I decided to just treat
Speaker 1: myself to like some rest and relaxation. So I lit
Speaker 1: all the candles, did a nice little bubble bag, got
Speaker 1: my little Target brand Ebso salt bombs, and you know,
Speaker 1: it was just relaxing. And I saw that they were
Speaker 1: live on Instagram, and that was the most fun I've
Speaker 1: had watching in ig Live. They are to see. They
Speaker 1: are so fun to watch, but it's also like they
Speaker 1: their energy is infectious. And who do they have on
Speaker 1: One of the people on their network who does a
Speaker 1: show called Social Proof is this name Sean. I forget
Speaker 1: he was on and the you don't see and I
Speaker 1: don't take for granted, but like you don't see three
Speaker 1: black men celebrating like that, I mean every day, you know,
Speaker 1: and the fact that they are presenting this image that
Speaker 1: we are black men, we are supporting each other, we
Speaker 1: are we are growing. And one of my favorite things
Speaker 1: that they said was the importance of asking for help
Speaker 1: and how often in black and brown communities you feel
Speaker 1: like you have to do it all on your own,
Speaker 1: because I mean you do. You do have to do
Speaker 1: it all on your own in the beginning, often because
Speaker 1: people may may not have the knowledge that's easily accessible
Speaker 1: to you, or you don't have the resources because of
Speaker 1: all the reasons that are out of your control. But
Speaker 1: he and the two co hosts for Shot and Troy,
Speaker 1: you know, they really talk about how with their network
Speaker 1: they lean into other podcasters and there is space for everyone,
Speaker 1: you know, and that when they went, we went, I mean,
Speaker 1: I don't even know them personally, but I feel like
Speaker 1: I know them. I feel like my cousins have hit
Speaker 1: the top spot on iTunes. They made me want Brown
Speaker 1: Ambition up there. I'm like, why are we on the top?
Speaker 1: I never really think about chart rankings, but I'm like,
Speaker 1: dang people, so listen. I learned from them that night
Speaker 1: I didn't. We've always talked about leaving comments and reviews
Speaker 1: if you guys want to help Brown Ambition, and we
Speaker 1: have that of listeners every week, thousands and thousands. We
Speaker 1: only have like thirteen hundred comments and reviews on our podcast.
Speaker 1: We could really use you guys. You know, we do
Speaker 1: the show for free for you. We could really use
Speaker 1: y'all to go to iTunes and not just like and
Speaker 1: review our show, but subscribe. Like apparently, subscribing on iTunes
Speaker 1: is the magic, magical theory dust that is what drives
Speaker 1: the rankings. And I know a lot of people they
Speaker 1: don't necessarily subscribe, but just listen. They just listen, And
Speaker 1: you've got to just click that subscribe button and listen.
Speaker 1: If it's if it's telling you that you don't have
Speaker 1: enough data, you know, just delete some photos you don't
Speaker 1: just you know, just use your cloud storage spiffy. They
Speaker 1: have all kinds of things to free up space. Now
Speaker 1: help us out, like we've been in this game for
Speaker 1: so long, and if that's what we have been missing
Speaker 1: all along, it's just reminding you all to subscribe, like
Speaker 1: please do it and then you'll get a reminder every
Speaker 1: Wednesday when the show is on, which is only you know,
Speaker 1: we're not gonna spam you. It just means you'll get
Speaker 1: the show first and you'll find out about it first,
Speaker 1: and so shout out to earn your leisure for sure,
Speaker 1: because that was ahu it was.
Speaker 2: Especially after all that we got there, I was like.
Speaker 1: Okay, so we need to talk offline because if they
Speaker 1: want to be on the show, we need to arrange
Speaker 1: that post taste post taste what else?
Speaker 2: What else is happening in the world. Oh, I saw
Speaker 2: that they decided to decline. We won't be getting fifty
Speaker 2: thousand dollars. It looks like it'll be the ten thousand
Speaker 2: forgiveness for a student around dad, I was.
Speaker 1: Like, boo, yeah, so Joe Biden, he had that CNN
Speaker 1: town Hall. Was it the day our show one live? Anyway,
Speaker 1: we had already recorded, but he I was disappointed. My
Speaker 1: husband's kind of like a conservative progressive, I don't know,
Speaker 1: moderate progressive, I guess you would say. And he's he's
Speaker 1: he's on Joe's side. It's an interesting you know, we
Speaker 1: were kind of arguing back and forth. But yeah, Joe
Speaker 1: is like fifty thousand dollars not going to make that happen. Nah,
Speaker 1: maybe ten? Maybe ten? And I wonder what kind of
Speaker 1: strings do we know yet, like how you're supposed to like,
Speaker 1: I know they have to put a bill through, but
Speaker 1: do you need to have a sense of what you'll
Speaker 1: need to like do or have in order to be
Speaker 1: eligible for that forgiveness.
Speaker 2: No, but at least you know what, that's better than
Speaker 2: like nothing. I mean, that's you know, that's a lot
Speaker 2: of money to not have to pay. So no, I
Speaker 2: haven't done into the DT. I just remember just reading
Speaker 2: very quickly that it was I'm going to be the fifty,
Speaker 2: but it looks like it's going to be the ten.
Speaker 2: So I'm like, Okay, that's good.
Speaker 1: That's good. I mean, and it's also a step in
Speaker 1: the right direction. You know, maybe they'll be as long
Speaker 1: as we continue to vote. You guys, these are the
Speaker 1: people in power who are making these decisions. You've got
Speaker 1: to vote and you know, put people in power who
Speaker 1: are more progressive. It's a it's a it's a step
Speaker 1: in the right direction, and it's a yeah, it's a
Speaker 1: big it's a big leap from where we were at
Speaker 1: the beginning of the last recession, when the student loan
Speaker 1: debt crisis really became huge.
Speaker 2: Yeah.
Speaker 1: Yeah, you know, my baby cousin found out that she
Speaker 1: had some student loans she didn't know about really how well.
Speaker 1: She lives with me now and we have financial Fridays
Speaker 1: and we sit down. She's she's my little Uh, she's
Speaker 1: my project. I feel like share and clueless and she's
Speaker 1: my uh what was Britney Murphy? God rest her soul?
Speaker 1: What was her name in that tie tie? Yeah, anyway,
Speaker 1: she's my project. But she's twenty three. I'm putting all
Speaker 1: of her business out here. I'll try to I'll try
Speaker 1: to dial it back and not put it all out there.
Speaker 1: But so she's been she's been staying here and helping
Speaker 1: with the baby, and she had taken a break from
Speaker 1: school and she's just trying to like, you know, she's
Speaker 1: twenty three. She's trying to figure out, you know, do
Speaker 1: I want to do what I've set out to do.
Speaker 1: She's in that existential young twenties kind of space. Also,
Speaker 1: there's a pandemic and she needed a place, I needed help.
Speaker 1: So it all worked out. But I have found through
Speaker 1: talking to her that and this is like a really
Speaker 1: it's just opened me up to like even bigger conversations
Speaker 1: around what can happen in a dynamic of a family
Speaker 1: when you actually have a lot of help from your parent.
Speaker 1: And I don't mean financial help, I mean help doing
Speaker 1: things like like as in a parent does everything for you,
Speaker 1: you know, fills out the forms for college, fills out
Speaker 1: your fast before you, Like she really has not had
Speaker 1: to do any of that herself, and therefore she knew
Speaker 1: nothing about how it all worked. And on top of that,
Speaker 1: you know, when you have a parent who's paid for
Speaker 1: your car, paid for your rent even though she worked,
Speaker 1: you know, I always checked him with Anna, she's always working.
Speaker 1: She wasn't doing those things like checking her credit you know,
Speaker 1: we're getting a credit check for an apartment, or you know,
Speaker 1: dealing with going to an auto an auto dealer and
Speaker 1: negotiating a car price, Like she wasn't involved in those
Speaker 1: situations and I'm starting to understand, like the real detriment
Speaker 1: when you have a when you have parents who are
Speaker 1: way too involved, Like the bumpers are always on, you know,
Speaker 1: is that what they could their kids always on?
Speaker 2: Yes, because you do have to. Let you know, you
Speaker 2: have to le kids learn, and you learn through falling
Speaker 2: and failing, and that's okay, Honestly, the younger the better,
Speaker 2: Like I'd rather have you know, you be twenty two
Speaker 2: with a terrible credit score and learn the lesson then
Speaker 2: than forty two when you lose your job because your
Speaker 2: credit score is terrible and you're like, wait what ye
Speaker 2: so yeah, no's I'm glad. I love that you guys
Speaker 2: have financial Fridays and talk about it because that's super important.
Speaker 2: That's something that's going to change in the directory of
Speaker 2: her life, you know, keeping on track with that.
Speaker 1: And no shade to my uncle, because I think it's
Speaker 1: the best intentions. You love your child, and as like,
Speaker 1: he's my dad's brother and they did not come for money.
Speaker 1: Let me tell you, they did not come for money.
Speaker 1: And my grandfather was not in the picture. My grandmother
Speaker 1: died way younger than she should have, like so many
Speaker 1: young black women in this country, sadly. So you know,
Speaker 1: I could see from his perspective, and I'm so empathetic
Speaker 1: because for him, it's about I'm going to help her succeed.
Speaker 1: I'm going to be her, be there for her. I'm
Speaker 1: going to help set her on the right path, you know,
Speaker 1: have the things that I didn't have. But it's almost
Speaker 1: like an over correction in a way. And I'm as
Speaker 1: a mom, I am just absorbing all of this, and
Speaker 1: I'm like, Okay, okay, let's especially because of the space
Speaker 1: we're in, it's going to be hard to watch. It's
Speaker 1: gonna be really hard to watch my kid, to watch
Speaker 1: Rio grow up and maybe make some bad choices, but
Speaker 1: I'm really seeing the what can happen on the other side.
Speaker 1: So yes, so Anna, we sat down and we ran
Speaker 1: her credit picked. We went to discover scorecard. I love
Speaker 1: that site. It's free. It's a free way to get
Speaker 1: your fighto. And yeah, looking at her credit report, she's like, oh, damn,
Speaker 1: I have a couple of student loans that my dad
Speaker 1: took out for my tuition. But I didn't know that
Speaker 1: he took them out and he wasn't doing it. It was
Speaker 1: not nefarious, but she didn't know you know, and maybe
Speaker 1: you should, like everyone should know, you know, about their
Speaker 1: financial picture and that little bit of knowledge. I'm starting
Speaker 1: to see her get more empowered. And so that's what's
Speaker 1: been on my mind lately, Like how can I My
Speaker 1: therapist is like, Mandy, you better back off, like you
Speaker 1: don't need to, like you don't need to be that
Speaker 1: much involved unless she really wants you to. I'm trying
Speaker 1: to like toe that line, you know, like like you said,
Speaker 1: your financial girlfriend, your financial friend. You know, we're cousins,
Speaker 1: we're very close. But I'm not trying to do it.
Speaker 1: I don't want to make the same mistake. I don't
Speaker 1: want to try to do everything for her. But I
Speaker 1: am trying to like just empower her with some basic knowledge,
Speaker 1: you know.
Speaker 2: No, and that's good because she's still really young. Honest, See,
Speaker 2: this is such a formative time. So I don't think
Speaker 2: there's anything wrong when with like leaning in as long
Speaker 2: as you respecting her boundaries and you know, so which
Speaker 2: sounds like she's like, oh wow, thanks, So as long
Speaker 2: as that's the sentiment.
Speaker 1: Girl, you know, I respect a boundary.
Speaker 2: I was scrolling through either there's something this is like
Speaker 2: random mess, not mess, but what do you think about
Speaker 2: this many? So I was just going through Instagram, and
Speaker 2: I always see this, like you could pick my brain
Speaker 2: once the invoice is paid.
Speaker 1: I just say a lot too, we must, Yes, I'm like, what.
Speaker 2: Do you think about that? Like what? What? Yeah? What
Speaker 2: do you think like when? Because so just how you
Speaker 2: guys don't know what I'm talking about, especially if you're
Speaker 2: there's a big there's like a movement I guess if
Speaker 2: you will, where people are like you stop teking people
Speaker 2: to pick their brain. It's disrespectful, it's entitled. It's rude
Speaker 2: that you know, people have spent a lot of time
Speaker 2: and energy on like whatever their craft or whatever it is,
Speaker 2: and you shouldn't ask anyone for free information basically. And
Speaker 2: I see it a lot that you know, and so
Speaker 2: I have like mixed feelings about how I feel about
Speaker 2: that sentiment. So I just wanted because when I saw that,
Speaker 2: I was like, let's see what does Mandy think about
Speaker 2: Like when people quote unquote want to pick your brain,
Speaker 2: do you feel like you're like get out of here,
Speaker 2: like I'm not telling you nothing.
Speaker 1: I'm not gonna lie. Maybe at a certain age, at
Speaker 1: a step in my career, it might have been but
Speaker 1: that would have been purely born out of insecurity and
Speaker 1: also fear. And also you know, it's if we're really
Speaker 1: serious about creating more inclusion at all levels, you know,
Speaker 1: generational wealth, building, generational wealth and black and brown households,
Speaker 1: giving people access to power and knowledge. And for me,
Speaker 1: I'm really passionate about, you know, talking to people about
Speaker 1: their career and how to navigate their careers and and
Speaker 1: you know, move through the quote unquote corporate world or whatever.
Speaker 1: If we're really serious about that, we have to acknowledge
Speaker 1: that the way that it's been done, which it has
Speaker 1: been very closed off to us in terms of knowledge,
Speaker 1: how do things get done? How do you become you know,
Speaker 1: an executive or get to a board seat? How you know,
Speaker 1: how does this happen? That information has been held back
Speaker 1: from us once I almost feel like, once you gain knowledge,
Speaker 1: in order to really break the system, we need to
Speaker 1: stop playing by their games once we get there. So
Speaker 1: my whole thing is, once I get in a room
Speaker 1: and I gain knowledge, I wish people would ask me like,
Speaker 1: what do you know? Because I would be willing to
Speaker 1: share it. And I think you know why I said,
Speaker 1: fear and insecurity might have held me back in the past.
Speaker 1: Is when you're the only one, you might be a
Speaker 1: little scared. It's like it's this and they want you
Speaker 1: to feel this way too. I think they being like,
Speaker 1: you know, the system, it's better for them if we're
Speaker 1: not talking and sharing information, right, That's why they didn't
Speaker 1: teach slaves how to read. Access to knowledge is the
Speaker 1: key to equality. And yet I just I feel person
Speaker 1: that in my space. If you ever want to pick
Speaker 1: my brain, it's pickable. I respond to all of our
Speaker 1: dms for a reason. I want people to know that
Speaker 1: we're accessible and that we can answer questions, and we
Speaker 1: take questions on this show, we do brown ambition, like
Speaker 1: of course we love sharing what we know. But so
Speaker 1: I think that sentiment I don't agree with it. I
Speaker 1: think if you get to a certain level, it's your duty,
Speaker 1: it's your responsibility, especially if you're a person of color.
Speaker 1: It's an additional little piece of pressure that I think
Speaker 1: we carry to turn around and try to help someone else.
Speaker 2: I agree. Now here's the thing. I do think that
Speaker 2: the reason why maybe this has come up is because
Speaker 2: there are some people who kind of do take advantage,
Speaker 2: like you know, you help them want kind of keep
Speaker 2: coming back and back and go. I've definitely had that
Speaker 2: where you know, someone will reach out to me and
Speaker 2: I'm like, oh sure, and then this is the second
Speaker 2: call and the third call. I remember actually was it
Speaker 2: last year? It was really kind of crazy. So someone
Speaker 2: did a joint intro. I feel like making an introduction
Speaker 2: to someone for you to help them without giving some
Speaker 2: of the other person a heads up. I don't like, right,
Speaker 2: that's like me being like, oh, hey, Mandy, this is
Speaker 2: my friend Tyra. Tyra needs some things, so you guys connect, okay,
Speaker 2: And meanwhile, I have your number? Why not? Why not
Speaker 2: say hey, Mandy? Is that okay? It's like when you
Speaker 2: were a kid and used to bring your friend to
Speaker 2: the car and be like can you drive? Can you?
Speaker 2: Can you drive Mandy home? Like look at me, like
Speaker 2: if you don't step away.
Speaker 1: From our car?
Speaker 2: Yeah, because now she has to say no in front
Speaker 2: of the kid.
Speaker 1: I really felt that. I really felt that analogy.
Speaker 2: Right, It's like all awkward, but I give the person
Speaker 2: the chance to prequalify. So anyway, that happened to me
Speaker 2: last year someone did this connection with this with no
Speaker 2: woman and I was like, okay, awkward, but hey, no problem.
Speaker 2: So I ended up getting on the phone with the woman,
Speaker 2: and you know, I poured into her for like an
Speaker 2: hour and a half and this is what I do
Speaker 2: and this and this and that, and then she like
Speaker 2: roll back to get back on my calendar again for
Speaker 2: like the next week and the next week, and I
Speaker 2: was like, whoa, whoa, whoa, whoa, I'm not available for
Speaker 2: like what we I can't do a weekly to our call.
Speaker 2: And she was upset by it and expressed it and
Speaker 2: it was like basically upset that I wouldn't give her
Speaker 2: any additional time, like if it had been like saying
Speaker 2: like a few months from now, sure, but she thought
Speaker 2: that I was just going to be there for her
Speaker 2: every week. I just met her through this other person.
Speaker 2: And then she also had made the assumption that we
Speaker 2: were going to do business together. She's like, oh, I
Speaker 2: can't wait to do this project with you. I'm like, uh,
Speaker 2: I never agreed to that, So it was really awkward.
Speaker 2: I actually had to write the other person because she
Speaker 2: got nasty. So I had to write the other person
Speaker 2: and say, Hey, so that person you introduced me to,
Speaker 2: this is what happened, and just moving forward, if you
Speaker 2: do ever want to connect me with someone please ask
Speaker 2: before giving out my personal information, because it really her
Speaker 2: nasty and she was I think we actually ended up
Speaker 2: jumping on the phone, and she was so embarrassed, like
Speaker 2: I'm so sorry, girl. I didn't know it was like
Speaker 2: she was like what, I just thought you guys would
Speaker 2: have a conversation. I didn't know it was gonna like
Speaker 2: turn into this. So I think that type of sentiment
Speaker 2: is born from those types of interactions, and as a result,
Speaker 2: people have a blanket. I ain't helping nobody.
Speaker 1: And she made it a lot harder for people who
Speaker 1: have good who would have more respect for boundaries exactly.
Speaker 2: So, I honestly believe in so many people have poured
Speaker 2: into me so many so I believe in like pouring
Speaker 2: into folks, especially women, especially Black women. But I don't
Speaker 2: always have the capacity or time, you know, to jump
Speaker 2: on a call. Like if I do, then I make it,
Speaker 2: and if I don't, then I'm honest and I'm like,
Speaker 2: you know, today's it's a really crazy week. I don't know.
Speaker 2: But yeah, whenever I see that, it just seems so
Speaker 2: off putting because I always think to myself whenever I
Speaker 2: see those posts, like you know, you can't pick my
Speaker 2: brain until you pay my invoice. I'm like, I'm sure
Speaker 2: that there was a brain that you picked that you
Speaker 2: an in which was not paid. You know that. I
Speaker 2: believe that when you're blessed, it's blessings are supposed to
Speaker 2: flow not just to you but through you, and in
Speaker 2: not doing so, you actually miss out because there are
Speaker 2: people who are poured into who ended up just like
Speaker 2: giving me life like a year, two years, five years later,
Speaker 2: you know, so many of my biggest opportunities were like, yeah, girl,
Speaker 2: you don't remember me from three years ago. You helped
Speaker 2: me out. And so now that I'm at own network,
Speaker 2: they were looking for someone I told them you. That
Speaker 2: was literally a conversation I had like a few weeks ago.
Speaker 2: I was like, wait, what so And that's not the
Speaker 2: reason to do it, you know, but I will just
Speaker 2: say that you reap. My mother would always say that
Speaker 2: you reap what you sew. You don't always rewhere you So,
Speaker 2: so just keeping in mind that I get it that
Speaker 2: there's there are definitely people who walk around with a
Speaker 2: sense of entitlement, but that shouldn't keep you from from
Speaker 2: from pouring into folks who you know, you really think
Speaker 2: it's gonna it's gonna do something really good with the
Speaker 2: information that you give them, because at some point you're
Speaker 2: gonna need help as well, and so you have.
Speaker 1: To exactly be And a really good final example is
Speaker 1: Sharon Eperson from CNBC. So she was one of the
Speaker 1: only black women other than like Michelle Singletary at the
Speaker 1: Wall Street Journal, black women with a big platform in
Speaker 1: financial news. And when I was a reporter years ago
Speaker 1: at Yahoo Finance and Business Insider, I always looked up
Speaker 1: to Sharon. I was always following her and trying to
Speaker 1: see what she was writing about, and you know, and
Speaker 1: I went to the same event as her, and I
Speaker 1: was a reporter, so several years ago, I went to
Speaker 1: the same event, I think it was at the United
Speaker 1: Nations and I saw Sharon and she had an assistant.
Speaker 1: She was like badass and everything. And I went up
Speaker 1: to her and introduced myself and she very you know, politely,
Speaker 1: but basically brushed me off, like I don't have time
Speaker 1: to really talk to you, but definitely send me an
Speaker 1: email and we can catch up. I think I was
Speaker 1: talking on just telling her about me and that I'd
Speaker 1: love to chat with her sometime. And I did email
Speaker 1: her and I asked her to be on the podcast
Speaker 1: and didn't hear back. Maybe I got like a couple
Speaker 1: one email but didn't get any follow up, and you know,
Speaker 1: I just let it go because she's a busy, busy woman.
Speaker 1: I didn't think anything of it. And a year later
Speaker 1: I remembered, I was like, let me follow up with
Speaker 1: Sharon and see what's going on with her now and
Speaker 1: just reintroduce myself. Turns out Sharon ha had a brain
Speaker 1: aneurysm and was in the hospital for several months and
Speaker 1: we ended up having a great conversation, we had her
Speaker 1: on the podcast, and now she is a great friend
Speaker 1: and mentor of mine. And that was a yes. So
Speaker 1: that was an example of just because you don't immediately
Speaker 1: get to sit down with someone, it doesn't mean that
Speaker 1: it's it's because they don't think that you're worth their time.
Speaker 1: I mean everyone is just a person. Like at the
Speaker 1: end of the day, you know.
Speaker 2: You have to wow, you don't know. That's the thing too,
Speaker 2: is that if you, for whatever reason do reach out
Speaker 2: to someone and they don't say yes or whatever, you
Speaker 2: don't know why. You know, like sometimes people are going
Speaker 2: through a lot. Mean, yeah, people you know, like how
Speaker 2: can anything to do with you? Exactly. Like there was
Speaker 2: a woman who hit me the other day. She was
Speaker 2: she wanted me to speak at some conference but it
Speaker 2: was in person, and I was.
Speaker 1: Like during convert uh.
Speaker 2: But I couldn't do it anyway because it's literally like
Speaker 2: the day before my book launch. And so my admin
Speaker 2: wrote a really nice emails like thank you so much,
Speaker 2: thank you so much for thinking of tivity. Unfortunately she's
Speaker 2: not able to participate, but wishes you the best. It
Speaker 2: was a really nice you know, we have like a
Speaker 2: form email, but it was it's always really nice, like
Speaker 2: because I'm always grateful when people reach out. So we
Speaker 2: reached out to say, hey, there may be some sort
Speaker 2: of opening, and this lady wrote back, I'm good because
Speaker 2: you're a short email. Maybe one day when I get famous,
Speaker 2: that's when Tiffany will will want to participate. I was like,
Speaker 2: I had to literally go back to the email. I thought,
Speaker 2: oh my goodness, what do we say because maybe maybe
Speaker 2: it was like na girl, you know what I mean,
Speaker 2: Like because I have a new executive admin, I thought
Speaker 2: maybe there was a misstep, and I went back to
Speaker 2: read the email. I had to read the email like
Speaker 2: three times, like in the chain like this email. This
Speaker 2: email was shun It was like four sentences of gushing
Speaker 2: but thank you and we wish you the best on
Speaker 2: your event. It looks really great. She wasn't mad about
Speaker 2: the email. She was mad because I didn't do what
Speaker 2: she wanted when she wanted me to do it, and
Speaker 2: so that kind of reaction just and I can't understand
Speaker 2: the disappointment. But you're an adult, like Roman, when I
Speaker 2: tell him no cookies, I know why he throws a temperatanentrum.
Speaker 2: He's five, But throwing a tempertanentrum when you're an adult,
Speaker 2: when someone doesn't give you agency over their time and
Speaker 2: energy or money or whatever, you know, you know, it's
Speaker 2: just it's not appropriate. And what you do do is
Speaker 2: that you guarantee that they will never work with you,
Speaker 2: you know. And she made oh there's something else, so
Speaker 2: she said that. I thought it was super petty. I
Speaker 2: told all my family and friends, how you get down?
Speaker 1: I was like, mad, all of that, You're done, Tiffany,
Speaker 1: there you go now, And.
Speaker 2: I just thought to myself, you know, it's such a shame,
Speaker 2: you know, because like I said, if you mad, just
Speaker 2: say you're mad, meaning like I just knew she was disappointed.
Speaker 2: There was nothing left to say. I just said, I
Speaker 2: just told my admin, you know, just leave it alone.
Speaker 2: But you don't want that to be the like, no
Speaker 2: one has to say yes to you. So if you're
Speaker 2: reaching out to someone and you're like, I just need
Speaker 2: if I could just get a foot in the door,
Speaker 2: if I could just you know, get you because I
Speaker 2: could just leave a little bit of help. People sometimes
Speaker 2: are busy or or in experiencing trauma or swamp or
Speaker 2: just didn't see it so and that's okay. Or sometimes
Speaker 2: they just don't want to do it, and that's okay,
Speaker 2: you know. So just being mindful of that, then you
Speaker 2: should always reach out and ask if you're needing a thing,
Speaker 2: But know that no one's yes is promised to you,
Speaker 2: and that's okay, But you will get a yes from
Speaker 2: somebody and it will be the right somebody at the
Speaker 2: right time.
Speaker 1: Couldn't have sud it better myself. All right, can you
Speaker 1: remember you have a hard stop. We gotta go. I know,
Speaker 1: let's take a quick break and we'll get to your
Speaker 1: questions next. All right, we are back. I think we
Speaker 1: had time for one question, maybe two for speedy, but
Speaker 1: I definitely wanted to get to this. I actually don't
Speaker 1: know if we ever answered this question, but I was
Speaker 1: digging through the archives and I found this one from
Speaker 1: a little bit of a while ago. But quick, quick, quick,
Speaker 1: hey ladies, thank you for a bountiful podcast filled with
Speaker 1: precious jewels. Here's my question. What would be the best
Speaker 1: way to tackle debt? If my husband and I have
Speaker 1: forty thousand dollars worth of debt and credit cards, student loans,
Speaker 1: and personal loans, should we consolidate or use a snowball
Speaker 1: method where both students have full time jobs a mortgage,
Speaker 1: but we struggle to save money trying to pay off
Speaker 1: our debt. Your advice is much appreciated. Please keep me anonymous.
Speaker 1: All right, what was it?
Speaker 2: Listen? It was credit card debt.
Speaker 1: They have forty thousand dollars worth of credit card debt,
Speaker 1: student loans, and personal loans, So a combination of all
Speaker 1: of that, good time, it's pleasant mortgage.
Speaker 2: But yeah, I probably would focus on the credit card
Speaker 2: debt first because I'm assuming that's probably like the debt,
Speaker 2: I don't know, like what, because student loans tend to
Speaker 2: be like higher balances. I like to do a mix
Speaker 2: of like the snowball method, which is pay the lower
Speaker 2: balances off first, and the avalanche, which is pay the
Speaker 2: higher interest rate off first. But I probably would start
Speaker 2: with the credit card debt if I was really struggling
Speaker 2: to save or whatever. And this is what I did.
Speaker 2: I'm not saying like because I know people are like, no,
Speaker 2: don't go into forbearance or deferment girl, if they are
Speaker 2: federal loans. I was a deferment queen until I can
Speaker 2: get some space. I was like, I'm gonna pay off
Speaker 2: this credit card debt, defer my student loans until I
Speaker 2: have some space. I don't know what you mean by
Speaker 2: personal loans. Is this like to your mom and cousins
Speaker 2: and them because they come third? Then they could wait
Speaker 2: unless like they need to eat. But I would focus
Speaker 2: on credit card debt first if you're not able to
Speaker 2: save it all I and if it's federal student loans,
Speaker 2: I would consider doing that. And I would consider deferring
Speaker 2: or for barancing my federal student loans. If you don't
Speaker 2: have I would consider like there's like companies like so
Speaker 2: Far that allow you to basically refinance your student loans
Speaker 2: at a lower interest rate if your credit score is decent.
Speaker 2: I would consider doing that as well. And for the
Speaker 2: credit card debt, if your interest rate is decent, I
Speaker 2: would consider looking at balanced transfer cards or balance transfer
Speaker 2: card to at least that's when you can transfer the
Speaker 2: balance of your credit card debt to another card with
Speaker 2: a zero percent interest rate, so all your money goes
Speaker 2: to the principle, and you could pay that debt off faster.
Speaker 2: So every one hundred dollars, all one hundred goes to
Speaker 2: the principle. So cause that's how I got out of
Speaker 2: thirty five thousand dollars worth of credit card debt while
Speaker 2: I'm unemployment in like three years. I did balance transfer cards,
Speaker 2: I put my student loan debt and for barance. Everybody
Speaker 2: else had to wait, and I got rid of those
Speaker 2: credit cards first to give myself some space.
Speaker 1: Yeah, beautiful. I've just actually spent a lot of time
Speaker 1: today talking about relationships and money and kind of like
Speaker 1: how do you do that together? And I will share
Speaker 1: a survey that we did at ally found that couples
Speaker 1: who merge their finances actually have a better shot and
Speaker 1: they say they do at reaching their financial goals. And
Speaker 1: so I think if you guys attack it as a team,
Speaker 1: all that debt, you can definitely manage it, and it
Speaker 1: sounds like you're already on the right track. So I
Speaker 1: definitely give you major kudos for that, because honestly, like
Speaker 1: telling your partner about your debt or about your finances,
Speaker 1: it really does feel like it's almost more awkward less
Speaker 1: way more awkward than like your first kiss or you know,
Speaker 1: sleeping together. Even it's like, oh, my debt, Yeah, like
Speaker 1: you worry about that. I feel like even more so,
Speaker 1: it's great that y'all are even having the dialogue.
Speaker 2: Yeah, it is greater you're having a dialogue. So and
Speaker 2: then yeah, you're working together, and it sounds like you're
Speaker 2: young if you're both still in school. So just know
Speaker 2: this is kind of like part of like life currently,
Speaker 2: but it won't always be like that. Just the key
Speaker 2: is being mindful not to dig back in that hole,
Speaker 2: Like let's put the shuffle down, get our way out,
Speaker 2: fill up this hole so we can move forward on
Speaker 2: a strong financial foundation.
Speaker 1: Yeah, and I try to identify the reasons why you know,
Speaker 1: you got there in the first place. I'm kind of
Speaker 1: hoping that the majority of that is student loan debt,
Speaker 1: because girl, who doesn't you know? And the good thing
Speaker 1: is that your student loans aren't. You don't have to
Speaker 1: make payments on them until next September. At this point
Speaker 1: we'll see if they extend the what's it called deferment
Speaker 1: or forget what the term that the government is using.
Speaker 1: But yeah, they've stopped interest accruing on student loans and
Speaker 1: you don't have to make payments for a while, So
Speaker 1: a little bit of reprieve there, and then you can
Speaker 1: maybe use your funds for those other goals. Okay, I'm
Speaker 1: gonna squeeze one more quick question in there, because this
Speaker 1: is a good one and we haven't talked about this yet.
Speaker 1: This question came from oh what's her name? Oh the
Speaker 1: KP Life. Oh she's always so sweet and sending lots
Speaker 1: of dms. So the KP Life sets Happy New Year,
Speaker 1: Happy Earth. Sorry this is from January.
Speaker 3: Happy listen.
Speaker 1: We have a big narrow bail bag, y'all. I'm working
Speaker 1: on the back log. Okay, quick question, have you looked
Speaker 1: into banking with Greenwood Bank yet? Curious for your take.
Speaker 1: We haven't talked about Greenwood yet, Tiffany, which I've is
Speaker 1: that the one we kill Mike killing Mike, Yes, Greenwood,
Speaker 1: So just for you some background if y'all haven't heard
Speaker 1: of Greenwood, it's a black and Latin X owned bank
Speaker 1: that Killer Mike he has this bank black or is
Speaker 1: that the bank black movement? Yeah, so Killer Mike in
Speaker 1: Atlanta shout out to atl has been I mean, he
Speaker 1: really hit the national scene this past summer when he
Speaker 1: came out and supported Black Lives Matter, and I mean
Speaker 1: he's always been a huge activist and very vocal, but
Speaker 1: he got extra extra shine. And then Jesse Williams, who
Speaker 1: I know, because yes, I still watch Grays Anatomy and
Speaker 1: I will till the day I die if they continue
Speaker 1: releasing seasons of it. But he's a doctor on Grey's Anatomy,
Speaker 1: so he's actually financing this venture, or at least co
Speaker 1: financing it. And yeah, it hasn't launched yet, so I
Speaker 1: don't so as far as my take on it, they
Speaker 1: haven't launched yet. But I love the idea. I love
Speaker 1: that we're if this is the beginning of a new
Speaker 1: black bank renaissance. I am all for that because I
Speaker 1: do believe, you know, circulating wealth in our communities is
Speaker 1: is hugely important. But they I know, right now, there's
Speaker 1: like a wait list. So if you join. They don't
Speaker 1: actually have a product right now, but I love the
Speaker 1: concept of it.
Speaker 2: No, that's I mean, I need too because I think
Speaker 2: black banks banking is one of the ways that they,
Speaker 2: you know, cut black and brown folks out of the
Speaker 2: economic ability to grow and thrive. And so if you
Speaker 2: have more black banks, they found that black banks are
Speaker 2: more likely to loan to small black businesses, They're more
Speaker 2: likely to fund projects that benefit black and brown people.
Speaker 2: And so yeah, I mean a good black bank that's
Speaker 2: actually going to be of service to the community is
Speaker 2: always a ya for.
Speaker 1: Me, absolutely, especially if they're giving access to financing, because
Speaker 1: that is often you know, just that startup capital, you know,
Speaker 1: access to loans. That is what really can stinn me
Speaker 1: the growth of a lot of black owned businesses.
Speaker 2: Talk.
Speaker 1: I'm gonna talk to Ali about that too. But okay,
Speaker 1: all right, let's take another Well, actually, let's just go
Speaker 1: right into brown Boost Brown.
Speaker 2: Break, yays Liz, do.
Speaker 1: What you're gonna do, boost or break? Tiff gonna, I
Speaker 1: don't know, just carry that note until you think of something.
Speaker 1: Do you want me to go first? Yes, we should
Speaker 1: give you a pass because how many interviews have you
Speaker 1: had today?
Speaker 2: Oh my god, this is like my favorite Africa. Oh no, Moss,
Speaker 2: And maybe that's probably what I'm gonna when I'm gonna break,
Speaker 2: But go ahead. I think that's that's what my brain.
Speaker 1: You still have a homework assignment. I need to know
Speaker 1: how you're celebrating your book. And now I need to
Speaker 1: know what kind of vacation are you treating yourself to
Speaker 1: after the book book launches like April, I don't want
Speaker 1: to see your ass. Like, we should just book some
Speaker 1: shows in advance, guest host it up in April. You
Speaker 1: go take a vak Okay.
Speaker 2: All right, but I'm scared to go anywhere.
Speaker 1: Well, I mean, go to the go to I don't know,
Speaker 1: somewhere local Rhode Island, go to the go to the woods.
Speaker 1: There's pretty woods around here. Drive somewhere, I don't know,
Speaker 1: hot tub, whatever you like to do. Go to Kanku
Speaker 1: like Ted Cruise, you know it's beautiful. Who also was
Speaker 1: surprised that the four season was only like threeh dollars
Speaker 1: a night. I was like, dang, that's affordable. That's where
Speaker 1: they see the text message that was revealed by Heidi
Speaker 1: Cruz trying to get the other like soccer moms in
Speaker 1: their neighborhood to come with them. No oh yeah, yeah.
Speaker 1: They tried to say, oh, you know, we went there
Speaker 1: to be a good I went there to be a
Speaker 1: good father. My kids wanted to go. And then someone
Speaker 1: in the listen, don't trust the soccer mom. Someone in
Speaker 1: her her text message group took a screenshot, sent it
Speaker 1: through the New York Times and was like, nah, she's
Speaker 1: lying because this is her trying to rally us all
Speaker 1: together and get us to go to Kancun to escape
Speaker 1: the cold and the lack of power and water. You
Speaker 1: know that's a yeah, but I digress my break, I'm sorry,
Speaker 1: my boost. I'm going to do a boost. I'm gonna
Speaker 1: shout I'm going to shout out jay Z because it
Speaker 1: came out today or yesterday. It came out recently that
Speaker 1: he has sold half of his champagne brand, The jay
Speaker 1: Z Empire continues, okay, and that he yeah, amazing. So
Speaker 1: he has sold his champagne brand to LVMH, which is
Speaker 1: the same brand that owns dom Perion and Moayyi Chandon,
Speaker 1: and they've taken a fifty percent stake in his in
Speaker 1: jay Z's brand, which is called armand de Brenanc, also
Speaker 1: known as Ace of Spades. So shout out to Jay
Speaker 1: continuing to drive his empire. And the reason I found
Speaker 1: out because I get all my news from Tina Knowles,
Speaker 1: is she posted a tribute to her son in law
Speaker 1: on instead and I thought that was really sweet, and
Speaker 1: she shouted him out for all the work that he
Speaker 1: does because you know, he got a lot of shit
Speaker 1: when he joined the NFL and became the head of
Speaker 1: their entertainment for the Super Bowl and all that, and
Speaker 1: she was basically saying he deserves all the shine, and
Speaker 1: he really is. I mean, he is defining what it
Speaker 1: is to be to age well, I think in hip
Speaker 1: hop and in business and yeah, he's always lifting up
Speaker 1: the community. And go get your coins, j.
Speaker 2: Yes, go get your coins.
Speaker 1: No.
Speaker 2: I thought I saw that today. I thought that was
Speaker 2: really awesome. I was like, wow, that's because I mean,
Speaker 2: from how far that he's come till now, it just
Speaker 2: must be so surreal for him, you know.
Speaker 1: Yep.
Speaker 2: Well I'm gonna so okay, So here's what mine is
Speaker 2: gonna be. All right. So there is a young woman.
Speaker 2: Her name is Dimitri Lucas. Have you have you ever
Speaker 2: heard of a bell in Brooklyn? Yes?
Speaker 1: Yeah, yes, that sounds familiar, but yeah, okay, go ahead.
Speaker 2: Well, she she's a writer and she wrote like she
Speaker 2: wrote her first book of Bell in Brooklyn did really well.
Speaker 2: She wrote a second book called Don't wis You're Pretty.
Speaker 2: But what's really amazing is she's just Demeter and I
Speaker 2: at the same age. She's just this dope sister who
Speaker 2: do hard work and perseverance. So her book is being
Speaker 2: turned into a movie and it's going to be airing
Speaker 2: on TV one. And that's just like when, like, you know,
Speaker 2: because I watched, like I've been following her since she
Speaker 2: was a bell in Brooklyn and seeing how she's grown.
Speaker 2: She used to work at Essence and then she was
Speaker 2: an editor Essence and then she she's just had this
Speaker 2: amazing career and so to see this book that she wrote,
Speaker 2: because I mean, I don't think any of my books,
Speaker 2: they're not like you're not gonna have a movie about budgeting.
Speaker 2: But I just think to see somebody who's like I
Speaker 2: feel like I adjacent, no, like you know, like I
Speaker 2: don't talk to on the phone, but you know we Instagram.
Speaker 2: Just to see someone that like I adjacent to know,
Speaker 2: have a book turned into a movie that she got
Speaker 2: to be a part of. It's just one of those
Speaker 2: surreal things like becoming a New York Times bestseller, which
Speaker 2: you can help me be if you get get good
Speaker 2: with money at kikosmoney dot com. But yeah, so that
Speaker 2: is my that is my boost and my break though
Speaker 2: it's just gonna be. I just want to again thank
Speaker 2: you to Zinga because my break is to is to
Speaker 2: not overwork myself. Oh I love that because yeah, because
Speaker 2: it's been hard, like and it's you know, people always like, well,
Speaker 2: tivity your team, and I'm like, I the issue really
Speaker 2: isn't my team, it's me. I've got this a really
Speaker 2: awesome team, and oftentimes I don't give them the oppert
Speaker 2: tunity because they'll take things off my plate and I'll
Speaker 2: take it right on back. And so like it's not that,
Speaker 2: it's just it's something that's why I have my coaches.
Speaker 2: That's why you know, I'm really proactive with Oh I've
Speaker 2: been trying to be you know, really proactive in doing better.
Speaker 2: But and Zinger really just like called me to the
Speaker 2: carpet and she just you know, it was just something
Speaker 2: that I really needed. And so like if you need
Speaker 2: that sign, like am I doing too much? This is
Speaker 2: the sign you likely are that it is possible to
Speaker 2: achieve your dreams without killing yourself. She said something too, like,
Speaker 2: you know, preserving your feminine energy. Like you know, she said,
Speaker 2: sometimes it's almost like when women used to wear the
Speaker 2: power suits. And not to say that women can't wear
Speaker 2: a power suit, but it's okay to achieve success in
Speaker 2: a way that that still aligns with how you show
Speaker 2: up as a woman. You don't have to transform yourself
Speaker 2: into a man in order to be successful. And so
Speaker 2: it was just a reminder that I needed. They're like, girl,
Speaker 2: it make magic happen. Girl, Like women are capable of
Speaker 2: bring life into this world. We are capable of doing
Speaker 2: so much much without breaking ourselves, you know. So it
Speaker 2: was just like I said, that reminded that I needed.
Speaker 2: And it's a nice little I guess that's kind of
Speaker 2: like a breaky boost, a boost for that word of reminder,
Speaker 2: but a break from team too much.
Speaker 1: And I know I teamed too much. I know, Well
Speaker 1: we had so much love and out pouring. I'm sure
Speaker 1: you got lots of messages, Tiff, but so did I
Speaker 1: at brand Ambition on Instagram and then my even my
Speaker 1: personal account. People just wanted to pour out and pour
Speaker 1: into you and tell you how much they love you
Speaker 1: and support you. And also thank you for opening up
Speaker 1: last week, because I know that wasn't easy for you.
Speaker 1: But to your point about being a woman today, and
Speaker 1: I know I'm looking at the clock. I know we
Speaker 1: got seven minutes. Okay, no, we get I feel very
Speaker 1: much like yes and shout out to the women who
Speaker 1: who really had to play by the man's playbook in
Speaker 1: the seventies, eighties, nineties, two thousand tens. I feel today
Speaker 1: my perspective going into a senior leadership role the last
Speaker 1: place I was at and now now and continuing that path.
Speaker 1: My thing is, so you hired a working mom, like so,
Speaker 1: I breastfed my child on my very first interview call
Speaker 1: with Ally. Okay, not on camera, but he was there.
Speaker 1: I had to because I'm a working mom during a pandemic,
Speaker 1: right and my whole thing is and maybe the pandemic
Speaker 1: is giving me that extra confidence. But if you're going
Speaker 1: to hire me and put me in a position of power,
Speaker 1: I'm going to be my whole self. And that means
Speaker 1: if you put a calendar invite out there for four
Speaker 1: thirty to five thirty meeting I'm going to drop off
Speaker 1: at five pm because that is the half hour I
Speaker 1: have to spend with my baby before I do the podcast.
Speaker 1: Like those, it's very and I feel like I was
Speaker 1: always putting a lot of pressure on myself at my
Speaker 1: last job because I was managing team. I'm a woman
Speaker 1: in power, so I need to set an example for
Speaker 1: what that looks like. And that means you can talk about,
Speaker 1: you know, having you can acknowledge those other complex parts
Speaker 1: of your personality. You know, you can, you can be
Speaker 1: who you are, but you can also bring in the
Speaker 1: fact that you're a mother or this isn't just about mom.
Speaker 1: It's about the pressure on women to take care of
Speaker 1: elderly relatives or to be the primary caretaker if someone
Speaker 1: in the family is ill, you know, and during a
Speaker 1: pandemic year, working like moms have, I mean women, women
Speaker 1: have been hit from all different directions, especially Black women,
Speaker 1: because you come from a base of you know, very
Speaker 1: little resources and support and infrastructure sent you know, set
Speaker 1: up to support you. It's just we've done a terrible
Speaker 1: job in this country. So yes, I think Tiffany and
Speaker 1: you running your team like first of all, letting people
Speaker 1: show up for you when you need help that helps
Speaker 1: them grow, It makes them feel good. It doesn't make
Speaker 1: you any less of an amazing and fantastic leader and
Speaker 1: founder that you are. It doesn't at all. But I
Speaker 1: understand like you get addicted to the grind, and you
Speaker 1: also feel like when I do it, I do it right,
Speaker 1: you know, and I want to I want to put
Speaker 1: my stamp of approval on everything, and you know.
Speaker 2: It's not even that. Honestly for me, I always feel
Speaker 2: like I don't want to bother people, which is so crazy.
Speaker 2: I'm like, because I'm like, oh man, you know Lat's
Speaker 2: just had the baby, you know, and she already got
Speaker 2: the two other little ones. Oh man, I would ask Karen,
Speaker 2: but I know that she said that, you know, her
Speaker 2: son is doing X y Z, And let me just literally,
Speaker 2: I think, because I always ask the women to share,
Speaker 2: you know, like what's happening in their lives. So I'm
Speaker 2: conscious of like sometimes being like I don't want to
Speaker 2: put too much on We take that very seriously, not
Speaker 2: overworking folks, making sure that this is a joyful place
Speaker 2: to work, and so as a result, I over sacrifice
Speaker 2: and sometimes like I might say that, and Lateresa's like girl,
Speaker 2: she told me the other day, this is the best.
Speaker 2: This baby, don't cry, this baby, don't this baby's just
Speaker 2: like whatever you down for, I'm down for. She's like no.
Speaker 2: But you see, like I'm making that assumption that someone
Speaker 2: is needing this space and grace and it's like, no,
Speaker 2: you need that space and grace. She's fine. And even
Speaker 2: if you thought that, why not ask like, hey, is
Speaker 2: this too much for you? You create a safe environment
Speaker 2: for people to share, Like, girl, it would be a lot.
Speaker 2: You're taking on this burden without asking someone if you know,
Speaker 2: if they're even capable of sharing it with you. So
Speaker 2: that's because I honestly don't think I could do it
Speaker 2: the best. I'm always just thinking that I don't want
Speaker 2: to put additional work on folks, even though.
Speaker 1: They were here, just projecting my own control freak tendencies
Speaker 1: upon you, which is why we didn't have an editor
Speaker 1: for the show until a pandemic and a baby. That
Speaker 1: was when I let my cold dead hands off the
Speaker 1: editing novel.
Speaker 2: No. I have honestly just like the most amazing team.
Speaker 2: But it's just because I just like I told you before,
Speaker 2: Remember we had that our rich journey, that couple that
Speaker 2: came on yes, Christ oh yes, and Ama, they that
Speaker 2: sense of joy they had. I was like, I want that,
Speaker 2: like they just seem and not because oh, they just
Speaker 2: seem in such a good space, like they they weren't
Speaker 2: doing more than was necessary to live this life that
Speaker 2: they've created for themselves intentionally. And so that's that's what
Speaker 2: I was like, Okay, And so like you know, I'm
Speaker 2: sometimes we overdo it, like do you need to work
Speaker 2: the extra two or will the one do? Then? Well,
Speaker 2: why are you working to too? If the one will
Speaker 2: get you the sunshine? Why work the extra two if
Speaker 2: the one will get you the beach, you know, like,
Speaker 2: well maybe the one will two will get me double beach. No,
Speaker 2: the law of diminishing return says the two will actually
Speaker 2: get you back to the office, you know. Yeah, And
Speaker 2: so like yeah, so these are things like you know,
Speaker 2: I like to share that stuff with you guys because
Speaker 2: I like for you because, especially in entrepreneurship, I feel
Speaker 2: like people are more honest about not liking a job
Speaker 2: or struggling in corporate. But I see so much that
Speaker 2: entrepreneurship is is put on such a pedestal, and not
Speaker 2: enough people are honest about how hard sometimes it can
Speaker 2: be to adjust and how sometimes things are amazing and
Speaker 2: you're feeling great and other times you're not. I just
Speaker 2: think that I want more people to be honest, that like,
Speaker 2: you know that you can be externally successful and really
Speaker 2: be struggling, because so many of my friends that are entrepreneurs.
Speaker 2: I mean I I was echoing sentiments that so many
Speaker 2: people that I know echo and I like being vulnerable
Speaker 2: because that also means that people pour into me. And
Speaker 2: you're right, Mandy, I got a lot of really amazing
Speaker 2: messages that had me rethink like, well, maybe I'll try this,
Speaker 2: and maybe I'll try that. I'm always open to learning
Speaker 2: because a really good teacher is an even better student,
Speaker 2: and so I don't have ego about correction and learning
Speaker 2: and doing things better. So I'm always appreciative when you
Speaker 2: guys reach out and share some of your feedback with me.
Speaker 2: So thank y'all for that.
Speaker 1: Ugh, I wish more people were like that. You've got them. Yeah,
Speaker 1: but you're you know, Tiffany, You and the other people
Speaker 1: I know who are starting launching their businesses and everything.
Speaker 1: You're the reason why I want a good friend of mine.
Speaker 1: It was just back in pre COVID times. Asked to
Speaker 1: come and visit me at the office to talk about
Speaker 1: the business that he had launched. And he walked right
Speaker 1: and I saw the bags under his eyes, and I
Speaker 1: was like, do you want to just sit in this
Speaker 1: dark conference room for like twenty minutes and just collect
Speaker 1: or take a nap or something. And he was like, God, yes,
Speaker 1: and he went into that room and just took some
Speaker 1: time for himself. He just and I was like, okay,
Speaker 1: all right, even though he's doing amazing, business is going great,
Speaker 1: and it's like you said, like when things are going
Speaker 1: the best, that's when that is when the gas is
Speaker 1: empty and you're just like really digging deep and you
Speaker 1: know you need that extra support. So I hope you
Speaker 1: get it. I know Team Unicorn wants to be there
Speaker 1: for you. And if you know, if it's ever anything
Speaker 1: we can do here over here at Brown Ambition Ink,
Speaker 1: you just let me know, let me know we could
Speaker 1: do to accommodation. But I'm getting you out of here
Speaker 1: because we have like twenty seconds and you have to go.
Speaker 1: All right.
Speaker 2: I did good, lie, Thank y'all for listening. Tell a friend,
Speaker 2: Tell a friend, tell.
Speaker 1: A friend, subscribe, police, subscribe and leave a review. I
Speaker 1: want to shot up those charts. The Eyl Boys they're great,
Speaker 1: but like we was here first, so let's get up
Speaker 1: on it.
Speaker 2: There's a room at the top. We could be number one.
Speaker 1: To do yes. I'm just saying, okay, all right, bye
Speaker 1: y'all right, bye bye