Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will.
Speaker 2: Be protected sponsored by the United States Department of Homeland Security.
Speaker 3: The average person probably even listening to this right now,
Speaker 3: is in that one hundred thousand dollars rain.
Speaker 2: A little bit above, a little bit below.
Speaker 3: So yeah, just to ask a context to that, can
Speaker 3: you talk about the pre nump.
Speaker 2: Is it necessary for that? If so, how do you
Speaker 2: go about that? Yeah?
Speaker 4: I think that's where the kind of the frame is
Speaker 4: because people are just not aware of it. And so,
Speaker 4: like I said, first, I have to have a lot
Speaker 4: of married friends, which a handful of them married, but
Speaker 4: they don't even know that the education behind the prenup.
Speaker 5: Yeah, so let's talk about the fact that, yeah, this
Speaker 5: is not a conversation for the wealth class. And I
Speaker 5: think ultimately people feel that way because of the way
Speaker 5: it's been framed by those of us in the media.
Speaker 5: The very first prenup I drew up was for one
Speaker 5: of my sorority sisters who, between her and her future
Speaker 5: husband didn't even bring in two hundred not didn't even,
Speaker 5: but they were not clearing two hundred thousand dollars between
Speaker 5: the two of them, and a prenup was a very
Speaker 5: good idea for them. Why the gentleman brought in a
Speaker 5: couple of assets into the marriage. And listen, most states
Speaker 5: and family law, which is what we're talking about, right, guys,
Speaker 5: can you tell me about spousal support which is another word
Speaker 5: for alimony, child support, These things, prenups, those are all
Speaker 5: governed by local jurisdictions, meaning state by state, and most
Speaker 5: states have basic statutes or laws in place that say
Speaker 5: when you bring assets to the relationship or the marriage,
Speaker 5: those are considered separate property pieces and they will be
Speaker 5: protected anyway. But why risk it, right because then facts
Speaker 5: get conflated where because in this case of this young
Speaker 5: woman in my story, she was going to be moving
Speaker 5: into his house that he had already owned. You know,
Speaker 5: indeed we still had a mortgage on it, but it
Speaker 5: was deeded to him singularly. So we would like to
Speaker 5: believe that it would be designated as separate property. But
Speaker 5: why risk it? So go ahead. That's something you want
Speaker 5: to put in a prenup. Something else to put in
Speaker 5: a prenup? What happens to your pensions? You know a
Speaker 5: lot of people in this conversation right now have great
Speaker 5: jobs from various municipalities and government. We're talking about people
Speaker 5: in law enforcement, people that are teachers, people that are
Speaker 5: in nurses, whatever it is. You know, you want to
Speaker 5: make sure those things are deser So, yes, when you're
Speaker 5: specifically in that kind of like sixty five to like
Speaker 5: one hundred and twenty five thousand dollars income range pre
Speaker 5: nups are for you. Let me be very clear. Pre
Speaker 5: nups are for you. It allows you to designate some
Speaker 5: you know, they're whether they're separate property, income, properties that
Speaker 5: people might come into the relationship with, because otherwise, if
Speaker 5: it goes left, you know, or even if it goes
Speaker 5: halfway left. Now, now it's a problem. Now it's messy.
Speaker 5: Now it's well, I've added a new roof to a
Speaker 5: house that's in your name. Only where does that leave me?
Speaker 5: How do I recoup the equity that the home has
Speaker 5: grown in the seven years I've been here, contributing to
Speaker 5: the mortgage or even paying the mortgage out right, see
Speaker 5: what I'm saying. So that's where a prenup is helpful.
Speaker 5: Now child support, child support totally separate, meaning you don't
Speaker 5: even have to be married, as many people find out,
Speaker 5: to be designated somebody who's going to be responsible for
Speaker 5: child support. That has to do with the fact that
Speaker 5: you are legally the father. And let me be clear here,
Speaker 5: this is why paternity tests are very important. And I
Speaker 5: know again they're not sexy. How do you ask somebody
Speaker 5: you've been having sex with, probably unprotected, probably for some
Speaker 5: length of time. Yo, I need you to get opporternity
Speaker 5: test rather. Well, here's the problem when you don't do that.
Speaker 5: After a year, in most jurisdictions, you are presumed you
Speaker 5: are presumed to be the father, like if you're the husband,
Speaker 5: you're presumed to be the legal father. And let's say
Speaker 5: you're not the biological father after a year, if you
Speaker 5: have not made that case legally in the court, you're
Speaker 5: on the hook financial yeah, period period. So that also
Speaker 5: you're not married. Young lady says the baby's yours. You say, Okay,
Speaker 5: I'm gonna take it on the chain. I'm gonna be
Speaker 5: a man, step up to whatever your situation. You find
Speaker 5: out again after that year of time is run out,
Speaker 5: all the while, you are not the biological father. Too late,
Speaker 5: unless the new actual biological father is willing to take
Speaker 5: that legal responsibility voluntarily, which is very high risk because
Speaker 5: the government's position is we're not trying to pay out
Speaker 5: social Security or any other financial assistance to this child who,
Speaker 5: through our eyes, had a father upon birth. So y'all
Speaker 5: figure it out. That's the government's mentality around it. So
Speaker 5: you got to really be willing to ask some unromantic
Speaker 5: questions and really do some unromantic things. If fiscal stability
Speaker 5: is the priority.
Speaker 3: Inflation is higher than ever, rent is higher than ever.
Speaker 3: We talked about this, well, you put a.
Speaker 2: Pin in it. But how much is enough money for
Speaker 2: each state?
Speaker 3: I know sometimes we'll say how much is needed to survive,
Speaker 3: but I think it would be great from your perspective,
Speaker 3: from your lands and your viewpoint, like how much does
Speaker 3: each person need to be financially comfortable or free?
Speaker 5: I think in New York just because again I've been
Speaker 5: having this conversation recently with a lot of folks, and
Speaker 5: folks by the way, that they're not in our industry.
Speaker 5: Let's be clear. I think a lot of times when
Speaker 5: we have this conversation kind of amongst ourselves as industry peers,
Speaker 5: to third parties listening in, it's like, okay, well they're
Speaker 5: talking about you know when they sitting around talking to
Speaker 5: Charlemagne and Yee, and you know you see a man
Speaker 5: in them. No, no, no, no, no, I'm talking about outside about.
Speaker 2: Right that.
Speaker 5: Motherfuckers. We love you dearly. And now let's talk about
Speaker 5: some people that are not necessarily in that space, right, So,
Speaker 5: people that are out here working jobs or in smaller businesses.
Speaker 5: These the number is about three hundred grand in New
Speaker 5: York to be candid, you know, when we start really
Speaker 5: talking about it, it takes about three hundred thousand somewhere
Speaker 5: like that. If you're making two fifty, you're living very comfortably.
Speaker 5: If you're making a little more, very comfortably. Once you
Speaker 5: get to me above the seven eight hundred thousand, now
Speaker 5: you're starting to talk about being in the upper middle
Speaker 5: class of a New York City or a d C
Speaker 5: or in LA. But if you're talking about those big metropolitans, uh,
Speaker 5: San Francisco, La.
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Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fine nearly
Speaker 1: one thousand dollars a day, imprisoned and deported, you will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security.
Speaker 5: Miami a bit, but I would say Miami is probably
Speaker 5: a little more on part with DC. I would say
Speaker 5: two fifty you should be better, but and I only
Speaker 5: say that because of the housing. I'm only talking about
Speaker 5: places where your starter house, your one bedroom, one bathroom
Speaker 5: condo in New York is a million dollars. In La
Speaker 5: your two maybe three bedroom, one bath, maybe one and
Speaker 5: a half bath bungalow starter home is a million dollars.
Speaker 5: So that's kind of where this is coming from. So
Speaker 5: if you want to kind of be in that starter
Speaker 5: home position, you want to enjoy the amenities of living
Speaker 5: in those cities. Well, nobody has to live in New York, right,
Speaker 5: And we get that all the time as New Yorkers,
Speaker 5: and I'm sure people in La here and in San Francisco, right,
Speaker 5: Why would you choose to live in one of the
Speaker 5: most expensive cities in the world. Well, because of the amenities,
Speaker 5: Because I like being able to hop on the train
Speaker 5: and go one stop to Midtown and go to see
Speaker 5: a Broadway show. The Whiz is coming in a couple
Speaker 5: of weeks. Like that hype of stuff matters to me.
Speaker 5: I like being able to go and have, you know,
Speaker 5: a six course meal at Michelin Star restaurants. Those amenities
Speaker 5: are white here. But guess what, You're not enjoying any
Speaker 5: of those amenities if you're making one hundred and fifty
Speaker 5: thousand dollars a year. I know that because I've made
Speaker 5: eight one hundred and fifty thousand dollars a year and
Speaker 5: lived in New York at one period of time, and
Speaker 5: it was I'm not gonna be so kind of out
Speaker 5: of touch to say a struggle as in, I never
Speaker 5: didn't think I knew where my next meal was coming from.
Speaker 5: But it was not eating out three four times a
Speaker 5: week and running up Bartack. It just wasn't that. It
Speaker 5: wasn't going on vacations. It just wasn't that lifestyle. So that, yeah,
Speaker 5: if you like that, you need a good three hundred
Speaker 5: thousand in those metropolitans. Now, let's let's go to some
Speaker 5: other places where we know our people are. Let's go
Speaker 5: to Charlotte, North Carolina. Let's go to Atlanta. Let's go
Speaker 5: to Durham, North Carolina. Let's go to maybe some other
Speaker 5: places in San Francisco. Excuse me, in California, there are
Speaker 5: not San Francisco or La kind of mid parts of
Speaker 5: that state and whatever, even Chicago, right, I think if
Speaker 5: you're making a couple hundred grand, even like probably one
Speaker 5: seventy five to two twenty five, you should be living
Speaker 5: very well in those cities, for sure.
Speaker 2: That's why you're the voice of reason.
Speaker 5: Yeah, I mean, I mean, stop me when I started
Speaker 5: lying or sounding crazy. But that's what I've lived, and
Speaker 5: that's when I have conversations.
Speaker 2: It's true what that's what it is.
Speaker 5: So I think when we even talk about who the
Speaker 5: wealth class is, I think that even has to be
Speaker 5: adjusted for. Right, A lot of us out here are
Speaker 5: just approaching the space where we're really entering that part
Speaker 5: of the conversation. So again, if we're talking about that
Speaker 5: level of income, why then would it make a lot
Speaker 5: of sense if we started this whole conversation guys, with
Speaker 5: marriage specifically being a business transaction where you are jointly
Speaker 5: liable for both assets and liabilities. Why would a woman
Speaker 5: making five to a million dollars of income a year
Speaker 5: be desirous of financially partnering with a very lovely gentleman
Speaker 5: who made one hundred and fifty thousand dollars a year.
Speaker 5: And one hundred fifty thousand dollars a year is a
Speaker 5: lot of money, and in a lot of places you
Speaker 5: could do a lot, but that one fifty doesn't even
Speaker 5: probably touch that woman's tax liability. So now, and and
Speaker 5: and it's not just what that looks like. And I
Speaker 5: think a lot of people think that when they hear,
Speaker 5: especially black women say that, it's like, Oh, you just
Speaker 5: want to run your little sorority events and your little
Speaker 5: you know this Galley and Jack and Jeeling all this
Speaker 5: shit and flex. No, we're talking about when it's time
Speaker 5: to put this child in Dalton or this other private school.
Speaker 2: What you got on its?
Speaker 5: What you have on it? Sir?
Speaker 4: On it?
Speaker 5: Can you give me it? And it's going to be
Speaker 5: difficult when it's one sixty coming in the door from you.
Speaker 5: That's all I'm saying. When my daughter's wanting to go
Speaker 5: on her ski trip with her fucking friends, whose dad
Speaker 5: is Jamie Diamond? What do you have on it?
Speaker 3: Seventeen thousand.
Speaker 5: And see this is the part right, So now y'all
Speaker 5: gotta y'all roused up, Thanks fellas. This is part of
Speaker 5: the conversation that you know, the nuance is found. Now
Speaker 5: you could say, well, who the hell needs all that?
Speaker 5: And that's true. Nobody needs to go on ski tripe,
Speaker 5: nobody needs ballet lessons, nobody needs lacrosse classes. But if
Speaker 5: that is your desire, and oh, I'm gonna really piss
Speaker 5: of people off If that's how God has called you
Speaker 5: to live, then why why is that so demonized too?
Speaker 2: There's a there's a way.
Speaker 5: To live out here, period, and when our favorite rappers
Speaker 5: and ball players do it, everybody celebrates it. But when
Speaker 5: you're just a regular calm major from A and T,
Speaker 5: or you're neeering major from FAM, you you get shitted
Speaker 5: on because you aspire to live that way and I'm not.
Speaker 5: I don't like it. I don't like it.
Speaker 2: We don't. We don't have to. That's a fact. Oh wow,
Speaker 2: A lot to talk about that.
Speaker 3: But I want to give a shout to the ak are.
Speaker 2: Yes you are the pinky has gone.
Speaker 5: Up, Jinky's in full salute, Yeah.
Speaker 2: Full salute.
Speaker 3: We recently got honored by the Aka's and my grandmother
Speaker 3: was AKA.
Speaker 5: I saw that the honor. Yeah, well you guys, listen.
Speaker 5: I have a girlfriend who is got it. You know,
Speaker 5: she's one of these great black women right the NBA.
Speaker 5: This is this she's looking at doing some career transitioning
Speaker 5: actually coming from the nonprofit space, getting into more of
Speaker 5: the financial advising sector. And one of the first resource
Speaker 5: she's like, where are some resources? I said on your
Speaker 5: leisure booth, Like just start there, because if you're talking
Speaker 5: about where the culture is kind of baseline consuming this
Speaker 5: information and educating themselves and trying to either enter this
Speaker 5: conversation or expand and elevate it, it is right here
Speaker 5: in this con it's you guys. You guys have branded
Speaker 5: that in a way that is unmatched. And y'all know that,
Speaker 5: so you know it means a lot. I'm glad to
Speaker 5: hear the sores are honoring and and you know, giving
Speaker 5: you your flowers because you deserve them.
Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined. Nearly
Speaker 1: one thousand dollars a day. Imprisoned and deported, you will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security,