1 00:00:02,600 --> 00:00:06,480 Speaker 1: It's time for the b a qa a, the ba 2 00:00:06,640 --> 00:00:10,600 Speaker 1: qa What you say the ba qa with Manda, the 3 00:00:10,680 --> 00:00:16,120 Speaker 1: ba qa a Hello ba fam This week you got 4 00:00:16,120 --> 00:00:19,640 Speaker 1: me to sing because I have about seventy five percent 5 00:00:19,680 --> 00:00:22,480 Speaker 1: of my brain capacity this week, which is doing really 6 00:00:22,600 --> 00:00:25,800 Speaker 1: damn well when you consider my life right now is 7 00:00:25,840 --> 00:00:30,680 Speaker 1: a bit chaotic, but I love it. I just want 8 00:00:30,720 --> 00:00:33,120 Speaker 1: to do a quick update. As you guys know, I 9 00:00:33,159 --> 00:00:34,760 Speaker 1: had a new baby. This was the year of the 10 00:00:34,800 --> 00:00:39,919 Speaker 1: three Bees for me. It was baby, book deal Beyonce. 11 00:00:40,440 --> 00:00:42,200 Speaker 1: I know you thought I was gonna say brad ambition, 12 00:00:42,479 --> 00:00:45,599 Speaker 1: but brad ambition is always there, okay, And to have 13 00:00:45,640 --> 00:00:49,960 Speaker 1: accomplished those three things. I was just taking some time 14 00:00:50,120 --> 00:00:53,120 Speaker 1: the past couple of days to like soak that in 15 00:00:53,280 --> 00:00:56,360 Speaker 1: and getting really in my feelings. Now my baby, my 16 00:00:56,480 --> 00:01:00,080 Speaker 1: first baby, is heading off to pre k and my 17 00:01:00,080 --> 00:01:04,080 Speaker 1: my number two, little Remy, is doing so well. My 18 00:01:04,160 --> 00:01:07,200 Speaker 1: mom has been here just being a hero and a 19 00:01:07,240 --> 00:01:09,959 Speaker 1: goddess and taking care of him so I can get 20 00:01:09,959 --> 00:01:13,520 Speaker 1: back into a groove. And now that I have the 21 00:01:13,560 --> 00:01:16,280 Speaker 1: book deal, now I have to do the book writing right. 22 00:01:16,800 --> 00:01:20,920 Speaker 1: So at this point I don't have set deadlines on 23 00:01:20,959 --> 00:01:24,000 Speaker 1: when things are due, but I gave because my editor 24 00:01:24,080 --> 00:01:25,960 Speaker 1: is like, you just had a baby, take your time, 25 00:01:26,480 --> 00:01:29,000 Speaker 1: but I gave. I know myself and I need to 26 00:01:29,040 --> 00:01:31,760 Speaker 1: start putting together like a game plan to get this 27 00:01:31,800 --> 00:01:36,160 Speaker 1: book done, and I hope I will have the majority 28 00:01:36,160 --> 00:01:40,000 Speaker 1: of written by the time we yell Happy New Year 29 00:01:40,240 --> 00:01:43,119 Speaker 1: for twenty twenty four. Okay, so that's a tall order, 30 00:01:43,680 --> 00:01:48,480 Speaker 1: but I wrote chapter one last week. I'm almost I'm 31 00:01:48,480 --> 00:01:52,800 Speaker 1: like ninety nine percent done with it, and nothing has 32 00:01:52,840 --> 00:01:56,639 Speaker 1: built my confidence more than having at least written a chapter. 33 00:01:56,920 --> 00:01:58,480 Speaker 1: And I don't know if my editor is gonna think 34 00:01:58,520 --> 00:02:01,440 Speaker 1: it's good. I don't know. It's probably going to change 35 00:02:01,480 --> 00:02:04,680 Speaker 1: a million different ways before the book is actually published. 36 00:02:04,760 --> 00:02:08,400 Speaker 1: But my whole goal was to sit down and write 37 00:02:08,400 --> 00:02:12,840 Speaker 1: words and don't let fear, imposter syndrome, any of those 38 00:02:12,960 --> 00:02:16,440 Speaker 1: doubts that we all have stop me. I just needed 39 00:02:16,440 --> 00:02:19,280 Speaker 1: to like barrel through them, or, as my son says, 40 00:02:19,360 --> 00:02:22,720 Speaker 1: steam roll through them, mama. So I steamrolled through them. 41 00:02:22,720 --> 00:02:25,799 Speaker 1: I got chapter one done, over seven thousand words. And 42 00:02:26,080 --> 00:02:29,440 Speaker 1: it is all about not waiting for your f you 43 00:02:29,600 --> 00:02:33,480 Speaker 1: moment to quit, So not waiting until you get so broke, 44 00:02:34,040 --> 00:02:39,080 Speaker 1: broke down, burnt out, fed up, enraged at your job 45 00:02:39,440 --> 00:02:42,640 Speaker 1: that you quit like that, quit without having a strategy, 46 00:02:42,680 --> 00:02:44,800 Speaker 1: a plan, taking the time to find a new offer, 47 00:02:44,880 --> 00:02:47,120 Speaker 1: things like that. So I'm very, very excited about it. 48 00:02:47,600 --> 00:02:51,280 Speaker 1: Wanted to give you guys a little book update. Although 49 00:02:51,280 --> 00:02:53,799 Speaker 1: I am desperately looking for ways I can go see 50 00:02:53,840 --> 00:02:55,920 Speaker 1: Beyonce again, it ain't gonna happen, y'all. I'm not going 51 00:02:55,960 --> 00:02:58,840 Speaker 1: to find my way to Las Vegas or New Orleans 52 00:02:58,960 --> 00:03:00,840 Speaker 1: or wherever in the world's going to be next. But 53 00:03:01,000 --> 00:03:03,560 Speaker 1: I will cherish that time that I had with her forever. 54 00:03:04,960 --> 00:03:08,920 Speaker 1: But yeah, it has been such a joyous summer, and 55 00:03:08,960 --> 00:03:13,080 Speaker 1: I hope that y'all heading into the season's changing, y'all. 56 00:03:13,080 --> 00:03:14,839 Speaker 1: I had to go to Starbucks and get my mom 57 00:03:14,880 --> 00:03:18,000 Speaker 1: a pumpkin spice latte just last week. It's not even 58 00:03:18,040 --> 00:03:21,840 Speaker 1: September yet, but seasons are changing. For those of you 59 00:03:21,880 --> 00:03:25,120 Speaker 1: who are dealing with the back to school craziness, for 60 00:03:25,120 --> 00:03:27,720 Speaker 1: those of you who are starting new chapters, or for 61 00:03:27,800 --> 00:03:30,080 Speaker 1: anyone who just feels like this is an opportunity to 62 00:03:30,120 --> 00:03:34,240 Speaker 1: sort of reflect and start off the last few months 63 00:03:34,280 --> 00:03:39,080 Speaker 1: of the year with renewed confidence and enthusiasm and excitement. 64 00:03:39,400 --> 00:03:42,240 Speaker 1: I just want to acknowledge that and say we got 65 00:03:42,280 --> 00:03:44,640 Speaker 1: this all right, a few months left in the year. 66 00:03:45,280 --> 00:03:48,720 Speaker 1: We are doing it all right. Okay, so that's my 67 00:03:48,760 --> 00:03:51,240 Speaker 1: little update. I mean, I hope that you guys are 68 00:03:51,320 --> 00:03:54,080 Speaker 1: again just having a wonderful, wonderful summer. I'm going to 69 00:03:54,160 --> 00:03:57,120 Speaker 1: jump into these questions now again. If y'all want to 70 00:03:57,280 --> 00:03:59,880 Speaker 1: email us your questions, hit us up Brand Ambition Podcast 71 00:04:00,080 --> 00:04:03,480 Speaker 1: Gmail dot com or slide into our dms. We got 72 00:04:03,520 --> 00:04:07,320 Speaker 1: twenty thousand, over twenty thousand followers on on IG now, 73 00:04:07,360 --> 00:04:09,600 Speaker 1: so thank y'all for that. But you can slide into 74 00:04:09,640 --> 00:04:13,160 Speaker 1: our dms there, send us a question. Our lovely assistant 75 00:04:13,240 --> 00:04:15,720 Speaker 1: Lauda will get those to us, and we are at 76 00:04:15,760 --> 00:04:19,640 Speaker 1: Brand Ambish Podcast on the gram. Alrighty, right, right. We 77 00:04:19,720 --> 00:04:24,840 Speaker 1: got two questions today, one more on the finance, the 78 00:04:24,839 --> 00:04:28,599 Speaker 1: finance side, some credit deck question and another one more 79 00:04:28,720 --> 00:04:32,400 Speaker 1: like introspective around career and sort of what we would 80 00:04:32,400 --> 00:04:34,719 Speaker 1: tell ourselves at a younger age. Let me jump on 81 00:04:34,760 --> 00:04:38,520 Speaker 1: into these, y'all. First, up, Bianca, send us a question 82 00:04:38,560 --> 00:04:41,920 Speaker 1: on IG. Bianca says, I love, love love your podcast. 83 00:04:42,040 --> 00:04:44,640 Speaker 1: I listen to it as I drive from Redbank to 84 00:04:44,760 --> 00:04:47,960 Speaker 1: Jersey City on my way to work. So many gems 85 00:04:48,200 --> 00:04:50,440 Speaker 1: I send it to everyone I know that asks any 86 00:04:50,440 --> 00:04:53,640 Speaker 1: money questions. Thank you, Bianca, and thanks for the segue, 87 00:04:53,680 --> 00:04:55,799 Speaker 1: because if y'all haven't left us a five star review 88 00:04:55,800 --> 00:04:58,679 Speaker 1: on iTunes lately, what you been waiting for? Come on now. 89 00:04:59,240 --> 00:05:01,719 Speaker 1: Reviews not only help us stay at the top of 90 00:05:01,760 --> 00:05:04,160 Speaker 1: the charts, and they matter. Doesn't matter if you let 91 00:05:04,160 --> 00:05:07,719 Speaker 1: the review. When we first started, we depend on y'all 92 00:05:07,720 --> 00:05:09,880 Speaker 1: to give you give us your feedback, and it lets 93 00:05:09,920 --> 00:05:13,040 Speaker 1: other people find our shows. So help us keep going strong. 94 00:05:13,200 --> 00:05:15,680 Speaker 1: Go leave a review. Come right back to this episode, 95 00:05:15,880 --> 00:05:19,720 Speaker 1: will wait? Okay? All right back to Bianca. Bianca says, 96 00:05:19,800 --> 00:05:22,000 Speaker 1: I have a question I'm trying to work out. I'm 97 00:05:22,040 --> 00:05:25,200 Speaker 1: successfully paying off my credit card debt, hopefully to be 98 00:05:25,720 --> 00:05:28,719 Speaker 1: hopefully I will be credit debt free by early next year. 99 00:05:28,960 --> 00:05:32,359 Speaker 1: I'm a W nine employee slash independent contractor, so I 100 00:05:32,440 --> 00:05:34,839 Speaker 1: don't have a four to one K or a human 101 00:05:34,839 --> 00:05:38,159 Speaker 1: resources department to go to to figure this out. Should 102 00:05:38,160 --> 00:05:41,280 Speaker 1: I open a retirement account and start sending funds there, 103 00:05:41,560 --> 00:05:43,800 Speaker 1: but take longer to pay off my credit card debt? 104 00:05:44,320 --> 00:05:50,400 Speaker 1: Anything extra that I have doesn't pay my bills anything. Oh, 105 00:05:50,480 --> 00:05:53,159 Speaker 1: I'm talking about anything extra I have left over that's 106 00:05:53,200 --> 00:05:55,359 Speaker 1: not going toward my bills. I've been using it to 107 00:05:55,360 --> 00:05:57,760 Speaker 1: pay off my credit card debt. I was in twenty 108 00:05:57,800 --> 00:06:01,080 Speaker 1: seven thousand dollars of debt, but now eleven thousand dollars, 109 00:06:01,160 --> 00:06:03,440 Speaker 1: and it's been a journey. I hear you guys talk 110 00:06:03,480 --> 00:06:07,279 Speaker 1: about paying yourself first, like putting your extra funds into savings, 111 00:06:07,360 --> 00:06:10,279 Speaker 1: and I have an emergency fund that's worth three months 112 00:06:10,279 --> 00:06:13,320 Speaker 1: of expenses then everything else I used to pay off 113 00:06:13,320 --> 00:06:15,919 Speaker 1: the cards. I am just tired of carrying this debt 114 00:06:15,960 --> 00:06:21,400 Speaker 1: with me. Much appreciated, Love you, ladies, Love Bianca, congrats 115 00:06:21,400 --> 00:06:25,200 Speaker 1: on the baby in the soft anti life Tiffany, baby 116 00:06:25,200 --> 00:06:28,680 Speaker 1: for me, Anti life for tiff Yes, okay, Bianca, I 117 00:06:28,720 --> 00:06:30,880 Speaker 1: love this question. And first of all, can we acknowledge 118 00:06:30,960 --> 00:06:34,560 Speaker 1: from twenty seven thousand dollars to eleven thousand dollars paid 119 00:06:34,600 --> 00:06:39,000 Speaker 1: down in credit card debt? That is freaking amazing, especially 120 00:06:39,279 --> 00:06:43,080 Speaker 1: because I know credit card aprs are wild right now, 121 00:06:43,160 --> 00:06:46,440 Speaker 1: Like the average credit card is over twenty percent APR 122 00:06:46,520 --> 00:06:49,960 Speaker 1: right now, and that is expensive, expensive ass debt to 123 00:06:50,120 --> 00:06:53,960 Speaker 1: be carrying. But I'm so proud of you for having 124 00:06:54,040 --> 00:06:56,760 Speaker 1: paid it down. I wonder if now your credit score 125 00:06:56,800 --> 00:06:59,240 Speaker 1: is so is a lot stronger, and maybe you could 126 00:06:59,240 --> 00:07:03,120 Speaker 1: look into, you know, a balance transfer option which would 127 00:07:03,160 --> 00:07:07,640 Speaker 1: get you to a zero percent a zero percent promotional 128 00:07:07,640 --> 00:07:10,880 Speaker 1: APR with a credit card that you could then you 129 00:07:10,880 --> 00:07:13,080 Speaker 1: can be paying down your debt aggressively, but then you're 130 00:07:13,080 --> 00:07:15,720 Speaker 1: not paying extra in interest. Maybe you've already done that, 131 00:07:15,760 --> 00:07:17,400 Speaker 1: but I just want to throw that out there because 132 00:07:17,880 --> 00:07:19,720 Speaker 1: I've used that as a great as a tool to 133 00:07:19,720 --> 00:07:22,320 Speaker 1: help me pay down my debt faster. And I know 134 00:07:22,440 --> 00:07:25,920 Speaker 1: others you know, have had great success with balance transfers, 135 00:07:26,400 --> 00:07:28,040 Speaker 1: but I'm just so named proud of you, and I 136 00:07:28,080 --> 00:07:31,440 Speaker 1: hope once this toll twenty seven k is gone, that 137 00:07:31,760 --> 00:07:36,520 Speaker 1: whatever habits or whatever decisions, sometimes we can't control, like 138 00:07:36,760 --> 00:07:40,480 Speaker 1: shit happens, emergencies happen. We got to put some stuff 139 00:07:40,520 --> 00:07:43,040 Speaker 1: on credit. There's no shame in that, but I hope 140 00:07:43,080 --> 00:07:46,120 Speaker 1: that there's something some changes that can be made so 141 00:07:46,160 --> 00:07:48,720 Speaker 1: that hopefully you won't have to get yourself back in 142 00:07:48,720 --> 00:07:51,600 Speaker 1: this situation again. But even if you do, I'm so 143 00:07:51,760 --> 00:07:55,000 Speaker 1: proud because you've already proven I can get myself out, 144 00:07:55,080 --> 00:07:56,760 Speaker 1: you know, I know I can take the steps, I 145 00:07:56,760 --> 00:07:59,200 Speaker 1: can make the changes and put forth the effort to 146 00:07:59,200 --> 00:08:03,960 Speaker 1: get myself out. So snaps for Bianca incredibly incredibly proud. 147 00:08:04,440 --> 00:08:07,600 Speaker 1: All right, So, as a W nine employee independent contractor, 148 00:08:08,640 --> 00:08:11,720 Speaker 1: you know, you have a tougher job because I also, 149 00:08:12,040 --> 00:08:13,920 Speaker 1: you know, running my own business, I do a lot 150 00:08:13,920 --> 00:08:16,880 Speaker 1: of work. Even as an influencer. You know, I'm technically 151 00:08:16,920 --> 00:08:21,120 Speaker 1: an independent contractor for brands that I work with. So anyway, 152 00:08:21,160 --> 00:08:23,080 Speaker 1: I really get this. You don't have four O one K. 153 00:08:23,560 --> 00:08:25,720 Speaker 1: You have to figure out how you're supposed to save 154 00:08:25,720 --> 00:08:29,160 Speaker 1: for retirement, and you've got multiple options. The best thing 155 00:08:29,160 --> 00:08:31,160 Speaker 1: that I did was I taged. I got my two 156 00:08:31,680 --> 00:08:36,400 Speaker 1: my two gurus together, my financial planner Helen and my CPA, 157 00:08:36,520 --> 00:08:39,680 Speaker 1: my accountant Safie. And I got Helen and Safie together 158 00:08:40,080 --> 00:08:43,360 Speaker 1: because I was stressed so much, so stressed out about 159 00:08:43,679 --> 00:08:45,920 Speaker 1: what kind of account do I opened? And then even 160 00:08:45,920 --> 00:08:48,679 Speaker 1: when you choose the type of account, it's like how 161 00:08:48,760 --> 00:08:52,320 Speaker 1: much do you contribute and how I can contribute to 162 00:08:52,520 --> 00:08:54,960 Speaker 1: reduce how much I'm going to pay in taxes. But 163 00:08:55,040 --> 00:08:57,200 Speaker 1: I don't want to contribute so much that I don't 164 00:08:57,200 --> 00:08:59,760 Speaker 1: have enough money to pay my bills, right So they 165 00:08:59,800 --> 00:09:03,240 Speaker 1: have helped me figure that out. And honestly, I'm skipping 166 00:09:03,320 --> 00:09:07,439 Speaker 1: right over anything I might say because your personal situation 167 00:09:07,600 --> 00:09:10,640 Speaker 1: with your finances. That is so you know, it's so 168 00:09:10,800 --> 00:09:12,960 Speaker 1: unique to you, and I don't know enough about you 169 00:09:13,000 --> 00:09:15,040 Speaker 1: to tell you like which account makes the most sense, 170 00:09:16,040 --> 00:09:19,960 Speaker 1: but I highly highly suggest a CPA financial planner duo 171 00:09:20,200 --> 00:09:22,200 Speaker 1: or at least if you're gonna choose between the two 172 00:09:22,200 --> 00:09:23,920 Speaker 1: of them, I would say a CPA. They can help 173 00:09:23,960 --> 00:09:28,680 Speaker 1: you make the best decision taxes wise. But in terms 174 00:09:28,720 --> 00:09:31,240 Speaker 1: of types of accounts, a solo for one K is 175 00:09:31,280 --> 00:09:35,000 Speaker 1: one option. You have the sep I RA self employed 176 00:09:35,160 --> 00:09:37,720 Speaker 1: what does that stand for self employed something sep ira? 177 00:09:38,600 --> 00:09:40,720 Speaker 1: You could open any of those at like any you know, 178 00:09:40,800 --> 00:09:44,800 Speaker 1: major brokerage firm. In terms of how much to be 179 00:09:44,840 --> 00:09:48,080 Speaker 1: putting aside for retirement, I love that you've already ticked 180 00:09:48,120 --> 00:09:52,319 Speaker 1: the box of your three month emergency fund. You know, 181 00:09:52,200 --> 00:09:54,720 Speaker 1: you don't mention if you have family or what your 182 00:09:55,040 --> 00:09:57,559 Speaker 1: you know what your personal life is like. But I 183 00:09:57,600 --> 00:10:00,600 Speaker 1: would say if you are a parent, or if anyone 184 00:10:00,640 --> 00:10:03,800 Speaker 1: relies on you financially, I might say I would encourage 185 00:10:03,800 --> 00:10:06,120 Speaker 1: you to increase that from three months maybe six months, 186 00:10:06,160 --> 00:10:09,439 Speaker 1: and focus on that for now. But if you're happy 187 00:10:09,480 --> 00:10:12,280 Speaker 1: with three months, you feel comfortable with that, And also 188 00:10:12,440 --> 00:10:15,720 Speaker 1: as a contractor. I feel like our finances can sometimes 189 00:10:15,760 --> 00:10:18,840 Speaker 1: be a bit more well, you know, depending on what 190 00:10:18,960 --> 00:10:21,679 Speaker 1: type of work you're getting, if it's consistent or if 191 00:10:21,679 --> 00:10:23,920 Speaker 1: you kind of have to you have lulls, and the 192 00:10:24,000 --> 00:10:26,320 Speaker 1: kind of work that you're getting or the economy can 193 00:10:26,360 --> 00:10:28,040 Speaker 1: impact what kind of work you're getting. You might want 194 00:10:28,080 --> 00:10:30,319 Speaker 1: to have more than three months saved, but let's say 195 00:10:30,320 --> 00:10:33,320 Speaker 1: you're really happy with three months, then I feel like, 196 00:10:33,800 --> 00:10:37,240 Speaker 1: you know, segueing the money that you were putting into 197 00:10:37,240 --> 00:10:39,640 Speaker 1: that savings account and putting it into retirement makes a 198 00:10:39,640 --> 00:10:42,160 Speaker 1: lot of sense. You've been doing so well to pay 199 00:10:42,200 --> 00:10:44,520 Speaker 1: down your credit card debt, so I don't feel like 200 00:10:44,920 --> 00:10:47,760 Speaker 1: if you continue saving on the side as well as 201 00:10:47,800 --> 00:10:50,120 Speaker 1: paining in your credit card debt, you know, you would 202 00:10:50,160 --> 00:10:53,000 Speaker 1: be jeopardizing your ability to pay down that debt or 203 00:10:53,040 --> 00:10:56,600 Speaker 1: like getting yourself off track. Now you have to get 204 00:10:57,280 --> 00:11:00,880 Speaker 1: serious with yourself or not serious, honest with yourself about 205 00:11:01,040 --> 00:11:03,640 Speaker 1: how you're feeling about that debt. The way that you 206 00:11:03,720 --> 00:11:06,120 Speaker 1: talk about I am tired of carrying this with me, 207 00:11:06,640 --> 00:11:09,120 Speaker 1: Like it sounds like you would like to start aggressively 208 00:11:09,200 --> 00:11:13,760 Speaker 1: just attacking that credit card debt now right now. Your 209 00:11:13,760 --> 00:11:16,320 Speaker 1: credit card debt, I don't know what the interest is. 210 00:11:16,880 --> 00:11:19,920 Speaker 1: But let's say you don't have a zero percent interest 211 00:11:20,080 --> 00:11:23,880 Speaker 1: promotional balance transfer card and you have a regular you 212 00:11:23,920 --> 00:11:25,920 Speaker 1: have this like sixty you have eleven thousand dollars on 213 00:11:25,960 --> 00:11:28,360 Speaker 1: a regular credit card or a couple of different credit cards, 214 00:11:28,360 --> 00:11:33,679 Speaker 1: and the aprs are double digits twenty percent plus. Honestly, financially, 215 00:11:33,679 --> 00:11:36,400 Speaker 1: if you look at the math, you're spending a lot 216 00:11:36,440 --> 00:11:39,959 Speaker 1: of money on interest, and it's very unlikely that if 217 00:11:40,000 --> 00:11:43,240 Speaker 1: you were to invest that money for your retirement that 218 00:11:43,320 --> 00:11:46,000 Speaker 1: you would ever make as much of a return in 219 00:11:46,040 --> 00:11:49,760 Speaker 1: the market as you will by saving twenty plus percent 220 00:11:49,800 --> 00:11:52,040 Speaker 1: on your credit card debt. So what I'm trying to 221 00:11:52,080 --> 00:11:55,440 Speaker 1: say is, right now, aggressively paint on your credit card 222 00:11:55,440 --> 00:12:01,079 Speaker 1: debt is actually pretty responsible and smart, like mathematically and fiscally, 223 00:12:01,160 --> 00:12:03,719 Speaker 1: like it's the most expensive debt that you have. I 224 00:12:03,760 --> 00:12:06,280 Speaker 1: would say, keep aggressively paying that down and then once 225 00:12:06,320 --> 00:12:09,360 Speaker 1: it's gone, then you can, you know, shift over to 226 00:12:09,440 --> 00:12:13,160 Speaker 1: retirement savings. And it sounds like mentally, you're there at 227 00:12:13,160 --> 00:12:15,800 Speaker 1: this time and you want to get rid of this debt. 228 00:12:16,320 --> 00:12:21,320 Speaker 1: I personally just paid off a twenty thousand dollars credit card, 229 00:12:21,400 --> 00:12:24,079 Speaker 1: a twenty thousand dollars balance transfer that I had done 230 00:12:24,120 --> 00:12:26,160 Speaker 1: a couple of years ago when I started my business. 231 00:12:26,559 --> 00:12:30,360 Speaker 1: I didn't have to keep that credit debt, but I 232 00:12:30,400 --> 00:12:33,320 Speaker 1: wanted to give myself more cash flow. I wanted to 233 00:12:33,360 --> 00:12:35,960 Speaker 1: be able to have more money in the bank because 234 00:12:36,000 --> 00:12:38,840 Speaker 1: I was launching my own business and I have kids 235 00:12:38,840 --> 00:12:42,120 Speaker 1: and a family and a mortgage and all that. But dang, 236 00:12:42,120 --> 00:12:44,319 Speaker 1: when I tell you, it felt damn good to finally 237 00:12:44,360 --> 00:12:47,240 Speaker 1: be like, Okay, got enough cash flow. I'm paying this 238 00:12:47,280 --> 00:12:51,120 Speaker 1: credit card off, and I was. I feel so much 239 00:12:51,240 --> 00:12:55,439 Speaker 1: lighter and you know, happier even just having it, you know, gone. 240 00:12:55,600 --> 00:12:58,360 Speaker 1: So I can see how like, if you are feeling 241 00:12:59,000 --> 00:13:01,280 Speaker 1: heavy and burdened by this that you want to release 242 00:13:01,320 --> 00:13:03,440 Speaker 1: it and get it paid off. I'm all about that, 243 00:13:04,320 --> 00:13:06,720 Speaker 1: you know. So I just want to acknowledge that. And 244 00:13:06,760 --> 00:13:09,160 Speaker 1: I want to say, if you want to knock out 245 00:13:09,160 --> 00:13:11,000 Speaker 1: that eleven k and focus on that and then you'll 246 00:13:11,040 --> 00:13:13,959 Speaker 1: get to retirement later, go for it, because you are 247 00:13:14,040 --> 00:13:17,080 Speaker 1: saving money, especially if you are, you know, paying off 248 00:13:17,160 --> 00:13:22,160 Speaker 1: credit cards that are recruing interest rapidly. Okay, all right, Bianca, 249 00:13:22,280 --> 00:13:25,320 Speaker 1: thank you so much for your question. Thank you for 250 00:13:25,360 --> 00:13:29,240 Speaker 1: making us a part of your commute, and I'm going 251 00:13:29,280 --> 00:13:31,080 Speaker 1: to take a quick break and be right back with 252 00:13:31,240 --> 00:13:38,840 Speaker 1: question number two from listener Chelsea. All right, ba fam, 253 00:13:38,880 --> 00:13:41,280 Speaker 1: I am back to answer more of your questions on 254 00:13:41,360 --> 00:13:45,440 Speaker 1: this week's be a QA. This question comes from listener Chelsea. 255 00:13:46,080 --> 00:13:49,080 Speaker 1: Chelsea says, hey, ladies, I am twenty six years old 256 00:13:49,120 --> 00:13:52,320 Speaker 1: and currently working in my first full time Big Girl 257 00:13:52,400 --> 00:13:56,160 Speaker 1: career JOm. I'm working on transitioning to another job now. 258 00:13:56,400 --> 00:13:58,319 Speaker 1: I have good credit for my age, and I make 259 00:13:58,360 --> 00:14:01,960 Speaker 1: good money, but I'm always working a bigger bag. I 260 00:14:02,000 --> 00:14:05,120 Speaker 1: have my own small business and very few bills. But 261 00:14:05,360 --> 00:14:07,840 Speaker 1: I want to hear from you, ladies. What would you 262 00:14:07,960 --> 00:14:11,360 Speaker 1: tell your twenty something self, knowing everything that you know now, 263 00:14:11,920 --> 00:14:14,800 Speaker 1: I am very I'm a very proactive person, so I 264 00:14:14,840 --> 00:14:17,600 Speaker 1: am working on getting into personal finance more and planning 265 00:14:17,600 --> 00:14:20,800 Speaker 1: for the future. I love your show and I appreciate 266 00:14:20,840 --> 00:14:24,120 Speaker 1: your advice. You know, Chelsea, this question came at a 267 00:14:24,120 --> 00:14:27,600 Speaker 1: really good time for me because I was just sitting 268 00:14:27,800 --> 00:14:30,160 Speaker 1: the other day in my car on the way to 269 00:14:30,200 --> 00:14:32,640 Speaker 1: pick up dinner or something for the family. I sometimes 270 00:14:32,680 --> 00:14:35,440 Speaker 1: give myself little errands just so I can go be 271 00:14:35,520 --> 00:14:37,960 Speaker 1: alone in the car. Anyone out there also do that? 272 00:14:38,720 --> 00:14:40,560 Speaker 1: Even if I sit in the driveway for like an 273 00:14:40,600 --> 00:14:42,640 Speaker 1: extra ten minutes when I get back, like that is 274 00:14:42,840 --> 00:14:46,640 Speaker 1: precious quiet time for me. But I was reflecting on 275 00:14:46,720 --> 00:14:49,640 Speaker 1: my drive and I was thinking about my three b's, 276 00:14:50,360 --> 00:14:55,320 Speaker 1: the book, deal, the Beyonce, the baby, and I really, yes, 277 00:14:55,360 --> 00:14:57,960 Speaker 1: I'm proud of myself that I accomplished those things this year. 278 00:14:58,360 --> 00:15:00,640 Speaker 1: But I looked back and I was like, you know 279 00:15:00,680 --> 00:15:05,120 Speaker 1: who accomplished that, Baby Mandy when she was twenty four 280 00:15:05,440 --> 00:15:07,840 Speaker 1: and opened her first four oh one K and started 281 00:15:07,880 --> 00:15:11,360 Speaker 1: to invest. She's the one I can thank for the 282 00:15:11,400 --> 00:15:14,360 Speaker 1: ability that I have had to build this life for myself, 283 00:15:15,080 --> 00:15:19,440 Speaker 1: and she's the hero of my story. I'm getting to 284 00:15:20,440 --> 00:15:24,400 Speaker 1: enjoy the fruits of baby Mandy's labor. And as I 285 00:15:24,480 --> 00:15:26,920 Speaker 1: was thinking about that, God, it made me want to 286 00:15:27,000 --> 00:15:29,800 Speaker 1: just like reach back in time and give her such 287 00:15:29,800 --> 00:15:32,560 Speaker 1: a big hug because she worked so hard. I'm still 288 00:15:32,600 --> 00:15:36,200 Speaker 1: working hard right and in another twenty years, ten years, 289 00:15:36,240 --> 00:15:38,440 Speaker 1: I might be looking back and saying, ooh, thirty six 290 00:15:38,560 --> 00:15:41,240 Speaker 1: year old Mandy. She was my queen. She did it 291 00:15:41,280 --> 00:15:44,000 Speaker 1: all for me. But I will always have a soft 292 00:15:44,040 --> 00:15:46,360 Speaker 1: spot in my soft spot in my heart for the 293 00:15:46,640 --> 00:15:51,120 Speaker 1: baby Mandy of my early twenties because when there are 294 00:15:51,320 --> 00:15:56,440 Speaker 1: so many reasons, distractions of opportunities to go a different way, 295 00:15:56,600 --> 00:16:00,440 Speaker 1: to follow the social media pressure to put on a 296 00:16:00,480 --> 00:16:04,080 Speaker 1: big show, go on vacations, you know, show off that 297 00:16:04,160 --> 00:16:06,600 Speaker 1: you're doing well and you got no kids and you're 298 00:16:06,640 --> 00:16:09,840 Speaker 1: having fun, and try to keep up with you know, 299 00:16:09,880 --> 00:16:14,160 Speaker 1: the joneses. At that age, Baby Mandy made a different 300 00:16:14,200 --> 00:16:19,880 Speaker 1: decision and decided I'm going to keep lifestyle inflation out 301 00:16:20,080 --> 00:16:23,080 Speaker 1: of my picture. And lifestyle inflation, as I've said, lifestyle 302 00:16:23,160 --> 00:16:26,560 Speaker 1: creep another word for it, that is like the silent 303 00:16:26,640 --> 00:16:31,040 Speaker 1: killer of wealth. I promise you so many people could 304 00:16:31,040 --> 00:16:35,120 Speaker 1: be genuinely debt free, wealthy well into like early like 305 00:16:35,200 --> 00:16:39,080 Speaker 1: twenties and thirties if they just could beat down lifestyle inflation. 306 00:16:39,800 --> 00:16:43,240 Speaker 1: So if I could go back, I would say, this 307 00:16:43,440 --> 00:16:45,480 Speaker 1: is the best thing that you did, baby girl. Like 308 00:16:45,960 --> 00:16:49,320 Speaker 1: the fact that when you ten x your net worth 309 00:16:49,320 --> 00:16:52,600 Speaker 1: and you ten xt your income by quitting jobs and 310 00:16:52,960 --> 00:16:56,160 Speaker 1: learning how to be a badass negotiator and getting those 311 00:16:56,160 --> 00:16:59,160 Speaker 1: big raises as you jump from job to job and 312 00:16:59,200 --> 00:17:02,400 Speaker 1: move through your career, you didn't let the extra earnings 313 00:17:02,880 --> 00:17:05,639 Speaker 1: drive you to start spending more in places that didn't 314 00:17:05,640 --> 00:17:08,560 Speaker 1: really like they weren't a huge value to you. And 315 00:17:08,600 --> 00:17:11,000 Speaker 1: by that, I mean I wasn't going out and upgrading 316 00:17:11,000 --> 00:17:14,760 Speaker 1: my apartment to get the better you know, the better location, 317 00:17:15,119 --> 00:17:19,439 Speaker 1: the luxury unit with the washer dryer. That living in 318 00:17:19,480 --> 00:17:22,520 Speaker 1: New York City, that's kind of like a status symbol, like, oh, 319 00:17:22,760 --> 00:17:25,000 Speaker 1: you have a washer dryer in your building or in 320 00:17:25,040 --> 00:17:27,639 Speaker 1: your unit. Like, first of all, what do you live Jersey? 321 00:17:27,720 --> 00:17:31,800 Speaker 1: Because that's not happening in Manhattan. But unless you got real, real, real, 322 00:17:31,800 --> 00:17:35,439 Speaker 1: real big money. But you you want to improve your lifestyle. 323 00:17:35,680 --> 00:17:38,480 Speaker 1: You want to go out more for drinks after work, 324 00:17:38,520 --> 00:17:41,160 Speaker 1: You want to you want to go on those vacations, 325 00:17:41,200 --> 00:17:43,320 Speaker 1: you know, you want to go to the Hampton's like 326 00:17:43,400 --> 00:17:46,399 Speaker 1: you see and TV and sex and the city you know, 327 00:17:46,560 --> 00:17:48,879 Speaker 1: in the summertime and escape the city and all of that. 328 00:17:49,000 --> 00:17:51,919 Speaker 1: And you want to be able to do the big 329 00:17:52,160 --> 00:17:55,000 Speaker 1: New Year's Eve celebrations and all the things that you 330 00:17:55,000 --> 00:17:57,480 Speaker 1: you know, think about when you associate with New York 331 00:17:57,520 --> 00:17:59,359 Speaker 1: and what you do here and being in your twenties 332 00:17:59,400 --> 00:18:02,320 Speaker 1: and all of that. But I really got quiet with 333 00:18:02,359 --> 00:18:05,840 Speaker 1: myself in my twenties and I was like, I value 334 00:18:05,960 --> 00:18:09,719 Speaker 1: financial freedom. I never want to go back to that 335 00:18:10,840 --> 00:18:13,760 Speaker 1: fear and anxiety that I felt after I moved to 336 00:18:13,800 --> 00:18:15,679 Speaker 1: New York and I got let go for my very 337 00:18:15,720 --> 00:18:17,720 Speaker 1: first job. I was laid off like three months after 338 00:18:17,760 --> 00:18:20,560 Speaker 1: I joined back in twenty ten, and I never wanted 339 00:18:20,600 --> 00:18:22,880 Speaker 1: to feel like that again. And I said, I value 340 00:18:22,920 --> 00:18:27,720 Speaker 1: feeling safe. I value feeling free to make decisions that 341 00:18:27,840 --> 00:18:30,000 Speaker 1: I want to make, not because I'm desperate to find 342 00:18:30,040 --> 00:18:33,840 Speaker 1: a job to keep my lifestyle. And that is what 343 00:18:33,880 --> 00:18:37,200 Speaker 1: I would tell any twenty something today is start to 344 00:18:37,240 --> 00:18:41,200 Speaker 1: get really clear on what you value, why you are 345 00:18:41,280 --> 00:18:45,960 Speaker 1: making the choices you're making today financially, and how that's 346 00:18:46,000 --> 00:18:48,160 Speaker 1: going to get closer to the goals that you value. 347 00:18:48,240 --> 00:18:51,040 Speaker 1: So for me, I was like, yes, it's nice to 348 00:18:51,080 --> 00:18:52,920 Speaker 1: go out. And don't get me wrong, I had hell 349 00:18:52,920 --> 00:18:55,880 Speaker 1: of fun in my twenties. I had a big ass 350 00:18:56,080 --> 00:19:00,320 Speaker 1: wedding that I paid for cash, thirty thousand dollars wedding 351 00:19:00,400 --> 00:19:03,480 Speaker 1: in Savannah, Georgia that I have no regrets about. But 352 00:19:03,520 --> 00:19:05,520 Speaker 1: I was only able to save up for that wedding 353 00:19:05,640 --> 00:19:07,560 Speaker 1: and I didn't want to take on debt for that wedding. 354 00:19:08,040 --> 00:19:11,280 Speaker 1: By making some serious lifestyle choices to enable me, like 355 00:19:11,359 --> 00:19:14,240 Speaker 1: as I was increasing my income, my husband and I 356 00:19:14,320 --> 00:19:16,800 Speaker 1: moved in with his family for I think we lasted 357 00:19:16,840 --> 00:19:18,960 Speaker 1: about eight months. It was, you know, did what I 358 00:19:18,960 --> 00:19:21,600 Speaker 1: could with my in laws, my future in laws. But 359 00:19:21,680 --> 00:19:23,960 Speaker 1: we were able to save and set aside cash for 360 00:19:24,040 --> 00:19:25,720 Speaker 1: that wedding so that he wouldn't be taking on a 361 00:19:25,720 --> 00:19:27,840 Speaker 1: lot of debt. And that's not the choice that a 362 00:19:27,840 --> 00:19:30,520 Speaker 1: lot of people make when they finally get to you know, 363 00:19:30,920 --> 00:19:32,680 Speaker 1: at the time I was making I had just gotten 364 00:19:32,680 --> 00:19:34,520 Speaker 1: a new job and was making over one hundred and 365 00:19:34,520 --> 00:19:37,840 Speaker 1: fifty thousand dollars a year, and I chose to live 366 00:19:37,880 --> 00:19:40,520 Speaker 1: like a broke like like I did, like I wasn't, 367 00:19:40,880 --> 00:19:42,600 Speaker 1: you know what I mean? And I did it for 368 00:19:42,640 --> 00:19:45,280 Speaker 1: a time so I could give myself something that I valued, 369 00:19:45,520 --> 00:19:49,199 Speaker 1: you know later. So looking back on baby Mandy in 370 00:19:49,200 --> 00:19:51,800 Speaker 1: her twenties, I would say, that's the smartest thing that 371 00:19:51,880 --> 00:19:55,920 Speaker 1: she did. So get clear on your values, Chelsea. What 372 00:19:56,160 --> 00:19:57,679 Speaker 1: do you where do you want to see yourself in 373 00:19:57,720 --> 00:20:00,280 Speaker 1: ten years? And what financial choices can you you make 374 00:20:00,320 --> 00:20:03,040 Speaker 1: now to get yourself there. So for me, it was 375 00:20:03,080 --> 00:20:08,480 Speaker 1: about keeping my debt low and setting early habits to invest. 376 00:20:08,640 --> 00:20:10,840 Speaker 1: And I didn't focus on how much I was setting aside. 377 00:20:10,880 --> 00:20:13,639 Speaker 1: I just focused on or how sorry. I didn't focus 378 00:20:13,680 --> 00:20:16,280 Speaker 1: on how much I was like making in the market. 379 00:20:16,440 --> 00:20:19,239 Speaker 1: I just focused on setting a goal of I'm going 380 00:20:19,280 --> 00:20:23,040 Speaker 1: to be contributing ten percent automatically, and I'm going to 381 00:20:23,080 --> 00:20:25,560 Speaker 1: increase that by one percent each year, and I'm going 382 00:20:25,600 --> 00:20:28,639 Speaker 1: to continue this habit. And the beautiful thing about just 383 00:20:28,760 --> 00:20:31,600 Speaker 1: focusing on the habit of investing and just automating it 384 00:20:31,640 --> 00:20:34,600 Speaker 1: and forgetting it is that as you earn more, like 385 00:20:34,600 --> 00:20:36,960 Speaker 1: you're talking about, I'm working on a bigger bag right now, 386 00:20:37,160 --> 00:20:40,080 Speaker 1: as the bag gets bigger, the cut that you're taking 387 00:20:40,119 --> 00:20:42,200 Speaker 1: for your investments is going to get bigger right along 388 00:20:42,240 --> 00:20:45,800 Speaker 1: with it. And as you grow, you know, get older, 389 00:20:45,920 --> 00:20:49,760 Speaker 1: time goes on, those investments will grow, you know, in shallah, 390 00:20:49,800 --> 00:20:52,480 Speaker 1: hopefully most of the time, they will grow. Right. So, 391 00:20:53,840 --> 00:20:55,760 Speaker 1: if you can just get clear on your values and 392 00:20:55,800 --> 00:20:58,199 Speaker 1: set the habits of saving and investing now, I mean, 393 00:20:58,240 --> 00:21:00,399 Speaker 1: you're already going to be so so far ahead of 394 00:21:00,400 --> 00:21:04,400 Speaker 1: your peers and really stick with those values. And remember, 395 00:21:05,119 --> 00:21:07,560 Speaker 1: like when you start looking and getting tugged in other 396 00:21:07,600 --> 00:21:09,320 Speaker 1: directions and people are trying to get you to do 397 00:21:09,359 --> 00:21:13,360 Speaker 1: this bottomless brunch and take this vacation, like if it's 398 00:21:13,359 --> 00:21:16,399 Speaker 1: not true to you and your goals, like get really 399 00:21:16,800 --> 00:21:21,800 Speaker 1: secure and strong in saying no and setting that boundary 400 00:21:22,240 --> 00:21:25,040 Speaker 1: and letting your friends be a part of your life, 401 00:21:25,320 --> 00:21:27,560 Speaker 1: be a part of your life in other ways that 402 00:21:27,680 --> 00:21:30,960 Speaker 1: are of value to you. You know. For me, I 403 00:21:31,080 --> 00:21:33,680 Speaker 1: like to take vacations. I like to travel with my friends, 404 00:21:34,119 --> 00:21:35,679 Speaker 1: but I was going to keep it small and I 405 00:21:35,720 --> 00:21:37,760 Speaker 1: was going to go with friends who wanted to vacation 406 00:21:37,880 --> 00:21:40,080 Speaker 1: at my level, you know, who weren't going to pressure 407 00:21:40,119 --> 00:21:44,199 Speaker 1: me into like spending extra for first class this, or 408 00:21:44,480 --> 00:21:48,480 Speaker 1: you know, the luxury villa versus the smaller bed and breakfast, 409 00:21:48,560 --> 00:21:51,320 Speaker 1: you know what I mean. So I think that that's 410 00:21:51,720 --> 00:21:54,520 Speaker 1: also really important is making sure that the people you 411 00:21:54,560 --> 00:21:57,240 Speaker 1: surround yourself with respect your values. They don't have to 412 00:21:57,280 --> 00:21:59,560 Speaker 1: have the same values or want the same things you want, 413 00:21:59,560 --> 00:22:02,400 Speaker 1: but they need to respect you and where you're coming from. 414 00:22:02,600 --> 00:22:05,879 Speaker 1: What I also love about you, Chelsea, you personified brown ambition. 415 00:22:05,960 --> 00:22:08,240 Speaker 1: You got your first full time, big, big girl career 416 00:22:08,359 --> 00:22:10,439 Speaker 1: job that you said, but you also have your small 417 00:22:10,680 --> 00:22:13,920 Speaker 1: your own small business on the side, having your own 418 00:22:14,040 --> 00:22:17,480 Speaker 1: source of independent income. Oh baby, Mandy did this in 419 00:22:17,520 --> 00:22:19,359 Speaker 1: her twenties, and I love her for it. She started 420 00:22:19,359 --> 00:22:23,000 Speaker 1: Brown Ambition and you know obviously went on to do 421 00:22:23,840 --> 00:22:26,480 Speaker 1: other creative endeavors that I'm doing now in my thirties. 422 00:22:26,520 --> 00:22:29,960 Speaker 1: But just starting something in your twenties and not thinking 423 00:22:30,000 --> 00:22:32,199 Speaker 1: about I need to maybecome a millionaire. I need to 424 00:22:32,240 --> 00:22:34,480 Speaker 1: have this business, you know, get I need to become 425 00:22:34,520 --> 00:22:37,800 Speaker 1: a unicorn billionaire, you know, billion dollar business, something like that, 426 00:22:37,840 --> 00:22:40,760 Speaker 1: but just starting something like there's no way you're going 427 00:22:40,800 --> 00:22:42,480 Speaker 1: to be able to enjoy the fruits of any labor 428 00:22:42,520 --> 00:22:44,520 Speaker 1: if you never do the labor first, right, And sometimes 429 00:22:44,520 --> 00:22:47,080 Speaker 1: some of us get psyched out by the goal that's 430 00:22:47,080 --> 00:22:49,439 Speaker 1: seeming too large, like if I start a business, it 431 00:22:49,480 --> 00:22:51,200 Speaker 1: has to be perfect, it has to bring in millions, 432 00:22:51,240 --> 00:22:53,879 Speaker 1: you know, But and then you let that psych yourself 433 00:22:53,920 --> 00:22:56,080 Speaker 1: out and you never start it. But just starting to 434 00:22:56,560 --> 00:22:59,560 Speaker 1: plant the seed of some kind of entrepreneurship in your 435 00:23:00,400 --> 00:23:02,919 Speaker 1: in your early twenties, to bring an additional income for 436 00:23:02,960 --> 00:23:07,600 Speaker 1: yourself that's going to give you professional resilience, meaning your 437 00:23:07,600 --> 00:23:11,359 Speaker 1: big girl job it doesn't love you back. I learned 438 00:23:11,400 --> 00:23:13,480 Speaker 1: that very early in my twenties. The job does not 439 00:23:13,600 --> 00:23:17,280 Speaker 1: love you back. So having your own source of find 440 00:23:17,400 --> 00:23:21,800 Speaker 1: like financial your own source of income, so that you 441 00:23:21,920 --> 00:23:25,800 Speaker 1: can protect yourself on top of having savings, having another 442 00:23:25,840 --> 00:23:27,719 Speaker 1: source of income that's not tied to your nine to 443 00:23:27,760 --> 00:23:30,960 Speaker 1: five makes you so much more resilient, So I think 444 00:23:31,000 --> 00:23:33,600 Speaker 1: that that's excellent. I would definitely, you know, give my 445 00:23:33,680 --> 00:23:36,879 Speaker 1: baby Mandy in her twenties, a huge, huge round of 446 00:23:36,920 --> 00:23:41,480 Speaker 1: applause for always kind of staying independent and having something 447 00:23:41,480 --> 00:23:44,159 Speaker 1: of her own, even as I gave my all to 448 00:23:44,280 --> 00:23:46,840 Speaker 1: my employer, saving a little bit for myself as well. 449 00:23:46,840 --> 00:23:49,600 Speaker 1: And I love that you're doing that too. But you's 450 00:23:49,600 --> 00:23:51,840 Speaker 1: not like you're an amazing shape, Chelsea, and I'm so 451 00:23:51,920 --> 00:23:54,960 Speaker 1: damn proud of you, and I can't wait, like right now, 452 00:23:55,000 --> 00:23:58,520 Speaker 1: if I were you, I would just like be have 453 00:23:58,600 --> 00:24:00,920 Speaker 1: a shit eating grin on my face at all times 454 00:24:00,960 --> 00:24:04,000 Speaker 1: because I know for a fact, Chelsea, and you need 455 00:24:04,040 --> 00:24:06,480 Speaker 1: to know this too, that in another ten years, when 456 00:24:06,480 --> 00:24:09,080 Speaker 1: you're my age thirty six, you are gonna be like 457 00:24:09,840 --> 00:24:11,720 Speaker 1: doing it. You're going to be living the life that 458 00:24:11,720 --> 00:24:14,919 Speaker 1: you're dreaming of right now, and you can be like 459 00:24:15,000 --> 00:24:17,280 Speaker 1: me in whatever version of your life you want to 460 00:24:17,320 --> 00:24:21,000 Speaker 1: be in. But reflecting back and saying thank you so much, 461 00:24:21,040 --> 00:24:24,320 Speaker 1: twenty six year old Chelsea for making those choices, because 462 00:24:24,359 --> 00:24:26,879 Speaker 1: now I am thriving and I am loving my life 463 00:24:26,920 --> 00:24:29,679 Speaker 1: exactly as I wanted to. And I wish that for 464 00:24:29,800 --> 00:24:33,000 Speaker 1: so so many of us out there. Right, So you 465 00:24:33,119 --> 00:24:36,760 Speaker 1: got time on your side, good for you. Girl. Listen, 466 00:24:36,960 --> 00:24:39,439 Speaker 1: if you're listening to this show and you're thirty six, 467 00:24:39,560 --> 00:24:42,240 Speaker 1: forty six, fifty six, and you're like, damn it, I 468 00:24:42,280 --> 00:24:45,920 Speaker 1: wish I was Chelsea. Now you still got time. Age 469 00:24:45,960 --> 00:24:49,320 Speaker 1: ain't nothing but a number. But you asked Chelsea about 470 00:24:49,359 --> 00:24:52,280 Speaker 1: something I tell my twenty something self, you know. But 471 00:24:52,320 --> 00:24:55,320 Speaker 1: the trick here is that no matter what age you are, like, 472 00:24:55,720 --> 00:24:58,520 Speaker 1: start telling yourself these lessons now and in another ten 473 00:24:58,600 --> 00:25:00,919 Speaker 1: years we all have you know, we do never know 474 00:25:00,920 --> 00:25:02,240 Speaker 1: how much time we're going to get. We hope we 475 00:25:02,280 --> 00:25:04,760 Speaker 1: have lots of time, right, and I do believe that 476 00:25:04,800 --> 00:25:07,800 Speaker 1: it's never too late to start making changes and start 477 00:25:08,080 --> 00:25:11,040 Speaker 1: changing your approach to money and to your career and 478 00:25:11,080 --> 00:25:14,840 Speaker 1: your finances so that you can thrive and start a 479 00:25:14,880 --> 00:25:18,120 Speaker 1: new you know, a new chapter for yourself. So I 480 00:25:18,160 --> 00:25:21,680 Speaker 1: hope that this was helpful, Chelsea, and thanks for giving 481 00:25:21,680 --> 00:25:24,560 Speaker 1: me a chance to reflect. And you know, pat baby 482 00:25:24,560 --> 00:25:27,679 Speaker 1: Mandy on the shoulder for doing the damn thing. And 483 00:25:27,720 --> 00:25:30,360 Speaker 1: I hope in another ten years I'll be just as 484 00:25:30,440 --> 00:25:32,680 Speaker 1: proud of who I am now, for making the decisions 485 00:25:32,720 --> 00:25:34,159 Speaker 1: that I am now that are going to help me 486 00:25:34,320 --> 00:25:38,520 Speaker 1: continue thriving in my forties and beyond. All Right, that's 487 00:25:38,560 --> 00:25:41,240 Speaker 1: going to wrap up the BAQA for this week, y'all. 488 00:25:41,320 --> 00:25:44,560 Speaker 1: I am Bandy witchrif Santo's aka Mandy Money. I can't 489 00:25:44,560 --> 00:25:46,560 Speaker 1: wait to have Tiffany back with me, but thanks for 490 00:25:46,720 --> 00:25:50,639 Speaker 1: riding with me solo this week again. Send us your questions. 491 00:25:50,640 --> 00:25:53,080 Speaker 1: You can hit us up at Brandambisson podcast at gmail 492 00:25:53,119 --> 00:25:57,160 Speaker 1: dot com or slide into our dms on ig at 493 00:25:57,160 --> 00:26:00,439 Speaker 1: Brand Ambisson Podcast and please, please please leave us review 494 00:26:00,520 --> 00:26:02,480 Speaker 1: on iTunes or where are you listening to what do 495 00:26:02,520 --> 00:26:05,200 Speaker 1: they call it now? Apple podcasts that I just age myself? Whatever, 496 00:26:05,720 --> 00:26:08,399 Speaker 1: where you listening to your podcast right now? Leave us 497 00:26:08,400 --> 00:26:11,399 Speaker 1: a review. Let us know how you're loving this show 498 00:26:11,440 --> 00:26:13,240 Speaker 1: so that other people can find it and we can 499 00:26:13,280 --> 00:26:17,200 Speaker 1: continue slaying in these streets. Okay, y'all, all right, see 500 00:26:17,280 --> 00:26:19,320 Speaker 1: y'all next week. IBA fan