WEBVTT - BA Q&A: I Wrote A Book. Now What? 0:00:06.240 --> 0:00:09.920 It's time for the b a q a A to 0:00:10.000 --> 0:00:12.559 b a q a. What you said, the b a 0:00:12.960 --> 0:00:16.000 q a not Manday, but the b a q eight 0:00:16.040 --> 0:00:22.040 with tifin a, the b a q a with Bernard A. 0:00:23.079 --> 0:00:26.439 We're feeling around, were like, how we're gonna do this is. 0:00:26.440 --> 0:00:31.840 Gonna be okay. We have a guest in the Berna 0:00:31.880 --> 0:00:32.120 and not. 0:00:32.320 --> 0:00:36.120 She's got this new amazing book called Money Out Loud. 0:00:37.240 --> 0:00:39.239 If you didn't listen to the prior episode, which you 0:00:39.280 --> 0:00:43.560 want to, because it's amazing. Bernad is a new author, 0:00:43.560 --> 0:00:45.159 but she's not new to the game. She's ruse of 0:00:45.200 --> 0:00:48.600 the game. Her book is amazing and awesome. It came 0:00:48.640 --> 0:00:51.240 out about a month and a half ago. It's available everywhere. 0:00:51.680 --> 0:00:54.040 But I said, Bernard, come to the stew with us 0:00:54.080 --> 0:00:57.480 today and answer some one helped me to answer a 0:00:57.600 --> 0:01:01.240 financial question. And then two, Berna low Key high key 0:01:01.360 --> 0:01:03.880 is one of my mentees. And so she's gonna ask 0:01:03.880 --> 0:01:05.920 me a business question, which I don't know what she's 0:01:05.920 --> 0:01:08.200 gonna ask, and so we'll answer that in the second half. 0:01:08.480 --> 0:01:09.200 So let's get start. 0:01:09.240 --> 0:01:11.120 Well, first of all, Bernard, I'm acting like I didn't 0:01:11.160 --> 0:01:13.280 introduce you to the people. But that was the last, 0:01:13.560 --> 0:01:15.920 you know, the last. Let me introduce Burner. She's not 0:01:16.000 --> 0:01:18.200 just some you know, She's not just some girl off 0:01:18.240 --> 0:01:24.200 the street. Okay, anyway I am. She's an award winning producer, speaker, 0:01:24.400 --> 0:01:28.760 podcast host, and rich auntie in training and financial hype women, 0:01:29.240 --> 0:01:31.400 which is her made up way of saying. She creates 0:01:31.440 --> 0:01:35.160 financial education media all over the Internet. Born and raised 0:01:35.200 --> 0:01:39.319 in the Bay and a prowd and a proud Okay, 0:01:39.319 --> 0:01:41.479 I don't know why because I'm like Filipina. I don't 0:01:41.480 --> 0:01:42.640 know why. I'm like, I know, but you know it 0:01:42.640 --> 0:01:45.720 because the app has thrown me off. Anyway, Filipina America. 0:01:45.959 --> 0:01:47.080 It's perfect. It's perfect. 0:01:47.480 --> 0:01:49.920 Hey, daughter of immigrants, she taught herself how to pay 0:01:49.920 --> 0:01:52.760 off over fifty thousand dollars of debt and then did 0:01:52.800 --> 0:01:55.400 what any millennial would do yelled about it on the Internet. 0:01:56.040 --> 0:01:58.880 Bernard's work has been featured on platforms like Forbes, New 0:01:58.960 --> 0:02:02.200 York Times, and BuzzFeed. She received a Pollutus Award for 0:02:02.280 --> 0:02:05.760 Most Entertaining Financial Content Creator. The Pollutice Awards are like 0:02:05.800 --> 0:02:08.400 the Ammys of the Oscars of the financial education space. 0:02:08.600 --> 0:02:10.760 Big deal, and she did it not one year, but 0:02:10.840 --> 0:02:15.240 two years in a row and was named abs. She 0:02:15.360 --> 0:02:19.040 was named the Global pinoy Idol. What year was that 0:02:19.080 --> 0:02:19.720 was that recently? 0:02:20.360 --> 0:02:22.520 This was I want to say twenty twenty A little bit, 0:02:22.600 --> 0:02:22.919 no matter. 0:02:23.360 --> 0:02:26.000 But you can find bernerd online at hayberner on all 0:02:26.000 --> 0:02:28.480 the platforms, in heyburner dot com or curled up with 0:02:28.520 --> 0:02:29.800 her nieces watching. 0:02:29.680 --> 0:02:32.079 The office the office scene. 0:02:32.080 --> 0:02:35.160 Now, Oh, so Berna's in the still and we're going 0:02:35.200 --> 0:02:37.880 to take a question and Berna's gonna help me answer it, 0:02:37.880 --> 0:02:40.359 and then Berna's going to ask her own business question. 0:02:40.919 --> 0:02:43.880 Few questions for you. I need a little change. At 0:02:43.919 --> 0:02:46.040 fifty three? Am I too old to buy a home? 0:02:46.520 --> 0:02:49.239 Too old to change careers? The new career would be 0:02:49.280 --> 0:02:51.639 in LPN, which is a type of nurse. I believe, girl, 0:02:51.680 --> 0:02:54.160 don't give me the line. She also says that it's 0:02:54.200 --> 0:02:56.840 being said that the US dollar is losing value? What 0:02:56.880 --> 0:02:59.079 does that even mean to us? Should I even try 0:02:59.080 --> 0:03:01.640 to buy a home anymore? Should people leave the US? 0:03:01.960 --> 0:03:05.120 Sounds like prices or skyrocketing even more? This is not flacking. 0:03:05.240 --> 0:03:08.200 I'm like, oh, girl, getting nervous. Just in My blood 0:03:08.200 --> 0:03:08.960 pressure is going up. 0:03:10.320 --> 0:03:13.600 Bleed, bleed. I just thought of something else. 0:03:13.680 --> 0:03:19.480 Oh my gosh, mL said I'm exploring housing options and condos, 0:03:19.720 --> 0:03:22.080 then mobile homes starts to show up. I've seen some 0:03:22.120 --> 0:03:24.600 beautiful ones. Do you know if they earn equity? Is 0:03:24.600 --> 0:03:26.840 that a waste of money? Do I even consider it? 0:03:27.280 --> 0:03:30.239 M L has like this like ten questions. 0:03:29.960 --> 0:03:33.040 Here, it's EML is spiraling, EMIL is spiraling up down 0:03:33.160 --> 0:03:34.440 around spiring. 0:03:34.560 --> 0:03:36.720 So let's help perus O Berner, what would you say? 0:03:36.800 --> 0:03:41.760 Just like initial reaction to ML's fifty one questions. 0:03:41.320 --> 0:03:44.600 Fifty one thousand questions exactly, I'm like, we ask twenty 0:03:44.640 --> 0:03:49.400 one question? Is that a fifty cent Yeah, I'm like, 0:03:49.560 --> 0:03:50.920 and this is also what I would have said to 0:03:50.920 --> 0:03:53.560 fifty cent at the beginning of that song breathe, hold up. 0:03:54.400 --> 0:04:01.040 Let's like a collective breath in and out, because I 0:04:01.040 --> 0:04:03.960 feel like when someone has this many questions, what they 0:04:04.000 --> 0:04:07.760 really have is one question, and like this question, all 0:04:07.800 --> 0:04:10.720 these little questions stem from the top question, and my mind, 0:04:10.760 --> 0:04:15.400 the top question is like I feel insecure financially? 0:04:15.400 --> 0:04:16.040 What do I do? 0:04:17.040 --> 0:04:19.719 And I'm that annoying person that's always like when you 0:04:19.760 --> 0:04:22.039 have a question, I have seven back to try to 0:04:22.160 --> 0:04:23.800 like get all the way to the bottom of it. 0:04:24.320 --> 0:04:27.680 But to me, it sounds like mL is at a 0:04:27.720 --> 0:04:31.080 place where she's like, I I'm panicking. I want to 0:04:31.080 --> 0:04:34.440 make options to change my financial situation. And the thing 0:04:34.520 --> 0:04:37.440 that my brain latched onto first is am I too 0:04:37.520 --> 0:04:40.440 old too? Because it sounds like I need a life 0:04:40.520 --> 0:04:42.479 change at fifty three? That's the question. I need a 0:04:42.480 --> 0:04:44.840 life change at fifty three. Now where do I go? 0:04:44.960 --> 0:04:47.480 Because now mL is like do I change my career? 0:04:47.560 --> 0:04:49.560 Do I buy a mobile home? Do I leave the country? 0:04:49.720 --> 0:04:52.880 Like do I start learning about the economy? Like I 0:04:52.960 --> 0:04:55.599 think the life change question needs to be dealt with first, 0:04:55.920 --> 0:04:58.719 and so my brain is chewing on what's the first 0:04:58.720 --> 0:05:01.040 step if if it's just there, I just need a 0:05:01.080 --> 0:05:03.200 life change at fifty three. It sounds like the rest 0:05:03.200 --> 0:05:05.640 of these questions have to do with not so much 0:05:05.680 --> 0:05:08.400 that mL is like, oh no, I need to like 0:05:08.400 --> 0:05:11.080 I absolutely need to earn more money, or like I'm 0:05:11.200 --> 0:05:11.760 covered in debt. 0:05:11.800 --> 0:05:12.200 What do I do? 0:05:12.240 --> 0:05:14.560 It's like they're looking at a lot of options to 0:05:14.600 --> 0:05:16.840 just like bring a financial change. So that's where my 0:05:17.040 --> 0:05:17.680 brain is at first. 0:05:17.680 --> 0:05:18.479 I'm like, let's start there. 0:05:18.520 --> 0:05:19.080 Where do we go? 0:05:20.120 --> 0:05:20.640 I love that? 0:05:20.720 --> 0:05:24.480 And you're right, I think that mL to Bernard's point, 0:05:24.720 --> 0:05:27.160 and I get it. We've all been here when like 0:05:27.240 --> 0:05:29.080 one thing leads to another thing leads to another thing, 0:05:29.200 --> 0:05:31.960 and it just feels so overwhelming. You know, what I 0:05:32.080 --> 0:05:38.320 read in here is uncertainty based in fear, and certainly 0:05:38.360 --> 0:05:41.880 that's not a judgment because it does feel like scary times. Yes, 0:05:42.320 --> 0:05:44.600 you know, we just came on the tail end of 0:05:44.640 --> 0:05:48.720 the pandemic, a mini recession, a potential looming recession. It's 0:05:48.760 --> 0:05:50.799 been very up and down. But I'll say this emil 0:05:50.839 --> 0:05:53.520 into anyone listening who might be feeling like everything's going 0:05:53.520 --> 0:05:58.640 to hell and back. That the economy is cyclical, Yes, 0:05:59.120 --> 0:06:03.400 meaning every ten to twelve years or so we hit 0:06:03.400 --> 0:06:08.840 a recession without fail, and about every I don't even 0:06:08.920 --> 0:06:12.599 know longer than that there's a depression, which is two 0:06:12.600 --> 0:06:18.400 consecutive years of recession, and meaning that it is normal 0:06:18.640 --> 0:06:22.640 for economies to be up and money is flowing to 0:06:22.720 --> 0:06:25.520 be down and money is tight and something in between. 0:06:25.800 --> 0:06:29.080 So there are things that are beyond your You have 0:06:29.160 --> 0:06:32.280 not done anything. Just by nature of living, you are 0:06:32.279 --> 0:06:34.880 going to live through ups, downs and in between. 0:06:35.040 --> 0:06:36.840 That's just how it goes. 0:06:37.000 --> 0:06:38.800 And so you know that you know that where we 0:06:38.839 --> 0:06:40.760 said like where we are right now, they're always saying 0:06:40.800 --> 0:06:43.440 the dollar is down, the dollar is up, and we 0:06:43.480 --> 0:06:45.360 will see it again in another twenty years, and another 0:06:45.400 --> 0:06:48.680 twenty years after that, another twenty year, you know, And 0:06:48.720 --> 0:06:54.839 so I wouldn't be so afraid of the super specifics 0:06:54.880 --> 0:06:58.360 of now other than take knowledge, Oh, this is part 0:06:58.400 --> 0:07:01.200 of the normal cycle of the economy. And if you 0:07:01.240 --> 0:07:03.400 want to ease yourself, you can literally say to yourself, 0:07:03.520 --> 0:07:06.160 let me actually, maybe I'll google a YouTube video about 0:07:06.240 --> 0:07:09.160 the cycles of an economy so I can understand. Ah, 0:07:09.480 --> 0:07:13.720 it's almost like your kid is crying, you know, like 0:07:13.720 --> 0:07:15.800 like you have a newborn and they're crying, you know, 0:07:15.920 --> 0:07:18.520 at like two am, and you can focus that in 0:07:18.520 --> 0:07:20.760 the moment they're crying at two am, or just know, 0:07:20.920 --> 0:07:23.440 like connestly, my kid cries every morning at two am 0:07:23.440 --> 0:07:25.520 because they're a newborn. This is part of the life 0:07:25.600 --> 0:07:27.520 cycle of like what it looks like to raise a kid. 0:07:27.800 --> 0:07:30.600 It's not that something is wrong. Certainly is it nerve 0:07:30.600 --> 0:07:32.920 wracking because you know who loves crying at two am, 0:07:33.360 --> 0:07:36.640 But understanding it's a natural part of growth of babies 0:07:37.280 --> 0:07:39.560 that you know they say to be up back, tell yeah, 0:07:39.720 --> 0:07:43.360 that's what So let's start. There is to like acknowledge 0:07:43.480 --> 0:07:47.000 that what you're feeling is normal, but to acknowledge that 0:07:47.280 --> 0:07:49.480 it is part of a larger cycle that we have 0:07:49.560 --> 0:07:51.239 been through before and we will be through. 0:07:51.040 --> 0:07:53.160 Again, Yes, one hundred percent. 0:07:53.200 --> 0:07:55.440 I mean, it's it's hard not to panic because every 0:07:55.440 --> 0:07:58.760 time you turn on the TV, you go on social media, 0:07:59.240 --> 0:08:02.040 there is new reason to think that we are legitimately 0:08:02.120 --> 0:08:06.120 in the apocalypse, like the world is. And I feel 0:08:06.720 --> 0:08:09.560 that same tension in this message from mL all around 0:08:09.600 --> 0:08:11.720 me of just like it feels like everyday things are 0:08:11.760 --> 0:08:15.360 getting worse or things are so bad, and even just 0:08:15.400 --> 0:08:18.000 hearing this from youtip and like pulling my head out 0:08:18.040 --> 0:08:20.640 of the two am crying baby and being like we've 0:08:20.680 --> 0:08:23.040 said these things before, especially in terms of the economy. 0:08:23.240 --> 0:08:25.240 Of course, things are happening in the economy that are 0:08:25.280 --> 0:08:29.400 different from the last recession, but recessions are It's literally 0:08:29.480 --> 0:08:32.679 part of the life cycle of our economy. So I'm like, oh, yeah, 0:08:32.720 --> 0:08:33.839 I think I got caught up a little bit in 0:08:33.960 --> 0:08:35.760 ML's panic, and I'm like, she's. 0:08:35.600 --> 0:08:39.240 Right, what do we do? I'm waiting, I gotta go. 0:08:39.520 --> 0:08:42.360 I was I'm one of many people who just in 0:08:42.400 --> 0:08:44.240 the last few months contemplated, like do. 0:08:44.240 --> 0:08:46.200 I need to go do I need to get the 0:08:46.280 --> 0:08:47.120 heck up out of here? 0:08:47.720 --> 0:08:49.840 But to take that breath like you said, like we 0:08:49.840 --> 0:08:52.240 were talking about, and go like this is normal. This 0:08:52.320 --> 0:08:54.920 is cyclical because when you make decisions from that place 0:08:54.960 --> 0:08:58.199 of panic, that's when people mess up their investments. That's 0:08:58.200 --> 0:09:00.120 when people like rip money out of their fore or 0:09:00.160 --> 0:09:04.600 one K. That's when people ignore things kind of building 0:09:04.679 --> 0:09:07.520 block things like having an emergency savings, what does your 0:09:07.559 --> 0:09:11.160 retirement fund look like? What's your high interest debt look like? Like, 0:09:11.240 --> 0:09:13.920 let's take care of our basics. People ignore that and 0:09:13.920 --> 0:09:15.240 go like I'm moving a Portugal. 0:09:16.920 --> 0:09:19.199 Literally all the financial people girls are who to Portugal? 0:09:19.320 --> 0:09:21.960 Bye? What? How are you starting a commune? 0:09:22.160 --> 0:09:25.319 Like I didn't get the invitation, but you said something 0:09:25.360 --> 0:09:26.040 that is that. 0:09:26.120 --> 0:09:28.600 I think it's going to be so helpful for m now, 0:09:28.880 --> 0:09:30.920 which is when things get rough. 0:09:31.480 --> 0:09:33.880 Yes, you should get down to the basics. 0:09:34.200 --> 0:09:35.439 Yes, exactly. 0:09:35.480 --> 0:09:38.080 And my budget in do I have savings? 0:09:38.360 --> 0:09:38.560 Yes? 0:09:38.640 --> 0:09:41.400 Am I maintaining good credit? Am I managing my debt 0:09:41.400 --> 0:09:42.480 in a responsible way? 0:09:42.840 --> 0:09:43.120 Am I? 0:09:43.200 --> 0:09:45.600 Do I have an income that I'm earning and I'm 0:09:45.640 --> 0:09:47.600 pretty confident that I can continue to earn that Like 0:09:47.880 --> 0:09:50.800 these those are the core fundamentals. So when things get 0:09:50.840 --> 0:09:54.240 really rough, I ask myself, let me review my fundamentals. 0:09:54.400 --> 0:09:57.120 My budget could be a little tighter. M okay, my savings, 0:09:57.120 --> 0:09:58.280 you know what, let me see if I can, if 0:09:58.280 --> 0:10:00.760 I could save a little bit more. The scores looking 0:10:00.800 --> 0:10:03.480 good now currently I don't have any credit card debt. 0:10:03.559 --> 0:10:04.400 That's good, you see. 0:10:04.920 --> 0:10:08.240 And so like getting down to the fundamentals and then too, 0:10:08.960 --> 0:10:11.640 like once you can allay some of those fears, especially 0:10:11.640 --> 0:10:14.840 if you have your foundation strong, I want instead of 0:10:14.880 --> 0:10:18.760 you making decisions from a place of running away from yes, 0:10:18.840 --> 0:10:21.920 you know, I want you for EML and anyone listening 0:10:22.240 --> 0:10:25.480 to ask my ask yourself, what can you run towards? Yes, 0:10:25.720 --> 0:10:28.800 you know, like something joyful like mL. Do you want 0:10:28.840 --> 0:10:31.160 to be an LPN If that sounds awesome to you, 0:10:31.240 --> 0:10:33.600 run toward that. You know, do you want to be 0:10:33.640 --> 0:10:36.320 a homeowner because it's something that you're excited about, Then 0:10:36.640 --> 0:10:39.640 run toward that versus I want to do that because no, no, no, 0:10:40.120 --> 0:10:42.080 what do you want to do? Not what do you 0:10:42.080 --> 0:10:43.640 feel like you're forced to do? 0:10:44.280 --> 0:10:44.760 You know? 0:10:45.160 --> 0:10:47.000 And so that's just that's the space we want you 0:10:47.040 --> 0:10:48.440 to make financial choices from. 0:10:48.520 --> 0:10:50.440 Like like I did. 0:10:50.320 --> 0:10:53.840 This earlier, like with in our previous episode with Berna, 0:10:54.240 --> 0:10:55.559 where I ask kind of like, where do you see 0:10:55.600 --> 0:10:57.360 yourself in two to five ten years? 0:10:57.800 --> 0:10:59.880 You know, I want you to. I call it dreamscaping. 0:11:00.600 --> 0:11:03.560 Sit out on the couch, look out the window, play 0:11:03.559 --> 0:11:07.280 your favorite music, and ask yourself, Oh, man, if I 0:11:07.280 --> 0:11:08.880 could just come up with my ideal life, it would 0:11:08.880 --> 0:11:11.040 look like this and this and this, and then you 0:11:11.040 --> 0:11:12.719 could start to ask yourself what do I need to 0:11:12.760 --> 0:11:14.600 do financially to support that life? 0:11:14.840 --> 0:11:16.080 Because that's from a place of. 0:11:16.120 --> 0:11:21.520 Joy and excitement, you know, an adventure versus like, you know, 0:11:21.600 --> 0:11:24.880 a place of fear and shame and uncertainty. And so 0:11:24.960 --> 0:11:29.880 that's what's so drop down to the fundamentals budgeting, savings, debt, credit, earning. 0:11:30.360 --> 0:11:32.720 Look at all your fundamentals. Are they strong? If they're not? 0:11:33.600 --> 0:11:35.400 Money Out Loud is a great book to help you 0:11:35.920 --> 0:11:37.600 to start to get you You see what I did there? 0:11:38.040 --> 0:11:41.960 I did get good with money too? Also good with money? 0:11:42.200 --> 0:11:42.720 Can we play? 0:11:44.360 --> 0:11:44.480 All? 0:11:44.520 --> 0:11:44.760 Right? 0:11:44.800 --> 0:11:47.040 So you get that book to start to bring that, 0:11:47.160 --> 0:11:50.480 you know, to get yourself to this financial, financially fundamentally 0:11:50.600 --> 0:11:54.000 sound place and then start making you know, start dreamscaping 0:11:54.120 --> 0:11:56.600 and then aligning your financial choices with those. 0:11:56.520 --> 0:12:00.520 Dreams exactly exactly we were saying this before and reviewing 0:12:00.559 --> 0:12:03.320 the question of that, it's like, it's it's never too 0:12:03.400 --> 0:12:06.440 late to make these kinds of life changes. But I 0:12:06.480 --> 0:12:08.280 love what you're getting at, and I think it gets 0:12:08.320 --> 0:12:10.319 at that. What is the umbrella question, which is ML's 0:12:10.320 --> 0:12:12.880 first question, I need a life change at fifty three? 0:12:13.440 --> 0:12:15.720 Why what is the life change? Right? Like, I feel 0:12:15.720 --> 0:12:17.240 like that's the kind of questions I would ask myself 0:12:17.280 --> 0:12:18.560 if I were mL and I was sitting on my 0:12:18.559 --> 0:12:21.360 couch dreamscaping. Do I need a life change because I 0:12:21.400 --> 0:12:25.600 need excitement because I feel insecure financially? Like, what is 0:12:25.679 --> 0:12:28.480 what is the problem that we're trying to solve? Because 0:12:28.520 --> 0:12:30.800 buying a condo and running away might not solve it 0:12:30.880 --> 0:12:33.480 when originally the question, like the solve is just I 0:12:33.520 --> 0:12:35.800 just need to shake things up, or like like you said, 0:12:35.960 --> 0:12:38.439 I would be interested in a nursing career, but it's 0:12:38.520 --> 0:12:40.560 hard to make those distinctions when we're in a place 0:12:40.600 --> 0:12:42.679 of panic and scarcity. So I'm like, I want to 0:12:42.679 --> 0:12:44.520 curl up on the couch next to mL too and 0:12:44.559 --> 0:12:48.760 be like, what's what feels expansive? And I think what 0:12:48.800 --> 0:12:50.920 I like what you were getting at earlier too, is like, yes, 0:12:50.960 --> 0:12:54.280 you're fifty three, let's not make decisions from a place 0:12:54.320 --> 0:12:56.840 of like, oh god, time is running out. You're fifty three, 0:12:56.880 --> 0:12:59.800 You've got decades ahead of you. If we look at 0:12:59.800 --> 0:13:02.680 these joyfully like you like make it feel I'm just 0:13:02.720 --> 0:13:05.439 like I've got all this time? What do I want 0:13:05.480 --> 0:13:07.800 to do with this time? Like that sort of like juicy. 0:13:08.679 --> 0:13:11.760 That's why I love called dreamscaping, where literally it's like landscaping, 0:13:12.040 --> 0:13:15.520 so you're like designing what your external life looks like. 0:13:15.600 --> 0:13:17.560 But with dreams that's why I call it dream I'm 0:13:17.640 --> 0:13:19.280 literally like, ooh, I. 0:13:19.200 --> 0:13:20.520 Could see myself on the. 0:13:20.400 --> 0:13:25.200 Beach like this, like literally like I get excited and 0:13:25.240 --> 0:13:28.760 I'm like you know, and so like that is as 0:13:28.800 --> 0:13:30.920 an awesome place to make decisions from. So am I 0:13:31.000 --> 0:13:33.959 hopefully that was helpful. I forgot to say b a 0:13:34.080 --> 0:13:39.720 QA listeners. If you have a question, ask it. You 0:13:39.760 --> 0:13:44.240 can go to brannibisionpodcast dot com. Email us at Brandambision 0:13:44.280 --> 0:13:48.439 Podcasts at gmail dot com. We are Brown Ambition Podcasts 0:13:48.440 --> 0:13:51.200 on ig You can send us a message there. You 0:13:51.200 --> 0:13:54.760 could tweet us at the BA podcast and yeah, but 0:13:54.800 --> 0:13:57.840 remember we are not your financial advisor. Well, I'm not 0:13:57.880 --> 0:14:00.679 your mom, mom, I'm not your doctor, your turney sue, 0:14:00.720 --> 0:14:02.719 somebody else. Take what we say with the smallest of 0:14:02.720 --> 0:14:05.480 the smallest of grains of salt. Okay, we're gonna take 0:14:05.480 --> 0:14:07.480 a break, and then we're gonna come back with a 0:14:07.480 --> 0:14:10.280 business question, because, as you know, Berna is one of 0:14:10.280 --> 0:14:12.600 my mentees, and so I don't know what question she 0:14:12.640 --> 0:14:14.559 has for me, but I'm gonna try to lead her 0:14:14.559 --> 0:14:16.160 down the path as best as possible. 0:14:16.320 --> 0:14:22.080 This see back in a moment, and we're back and 0:14:22.200 --> 0:14:26.760 black and brown and baqaing. We have Berner. 0:14:26.840 --> 0:14:31.200 Anna's in the stew, the new author of Money Out Loud, 0:14:31.360 --> 0:14:35.080 an awesome book to help you wich Auntie and your 0:14:35.120 --> 0:14:39.800 little niece's and Nessy Nephie poos as they navigate their 0:14:39.840 --> 0:14:42.680 financial journey, but from the place of fond and lightheartedness, 0:14:42.960 --> 0:14:44.360 but also financial education. 0:14:45.600 --> 0:14:49.520 So Berna is in the stew And y'all know that 0:14:49.680 --> 0:14:54.880 I mentor especially women of color and just business. I've 0:14:54.880 --> 0:14:56.800 been in business for fifteen years. You know. 0:14:56.880 --> 0:14:59.120 We've been able to scrape together over forty million dollars 0:14:59.160 --> 0:15:01.480 in revenue, so much of which we poured right. 0:15:01.360 --> 0:15:02.680 Back into the people that we serve. 0:15:03.280 --> 0:15:04.760 You know, I'm proud that I get to have a 0:15:04.800 --> 0:15:09.600 business that you know, makes income, but most importantly makes impact. 0:15:10.400 --> 0:15:12.560 And so I get a lot of young women and 0:15:12.640 --> 0:15:15.720 young as in like young in business asking me questions. 0:15:15.760 --> 0:15:17.840 And so I have some like people who I get 0:15:17.840 --> 0:15:20.080 to chat with, like Berna, but I just get so 0:15:20.080 --> 0:15:23.240 many requests I was like, I can't take them all on, 0:15:23.760 --> 0:15:28.040 and so I started this Patreon, which is this platform 0:15:28.040 --> 0:15:30.720 where I can mentor literally there's like I think I 0:15:30.720 --> 0:15:34.400 have like thirteen hundred mentor mentees there now, and if 0:15:34.400 --> 0:15:36.080 you'd like to join us, it's ten bucks a month 0:15:36.360 --> 0:15:39.920 my mentor Tiffany dot com. But the thing is, Baqa 0:15:40.000 --> 0:15:44.080 comes out on Friday tomorrow, I believe tomorrow morning. The 0:15:44.120 --> 0:15:46.520 price doubles from ten bucks a month to twenty. But 0:15:47.080 --> 0:15:49.160 if you lock yourself in at ten bucks a month, 0:15:49.440 --> 0:15:50.760 you will always pay ten bucks. 0:15:50.880 --> 0:15:52.480 So the twenty is gonna be for the new people. 0:15:52.520 --> 0:15:54.000 So if you're interested you want to dip your vaper 0:15:54.040 --> 0:15:57.640 toe in, now is the perfect time because my mentor, 0:15:57.680 --> 0:16:00.000 Tiffany dot Com will be doubling tomorrow. 0:16:00.280 --> 0:16:02.920 So all right, Burton, your. 0:16:02.880 --> 0:16:05.720 Question is what okay? 0:16:05.840 --> 0:16:09.800 So to lay out some context, Tiffany has taken the 0:16:09.880 --> 0:16:12.640 last like year to give me the keys to the kingdom. 0:16:12.800 --> 0:16:15.960 She's like, oh, you're writing a book. You wanted to 0:16:15.960 --> 0:16:19.600 be impactful. Here's literally everything that I did. And if 0:16:19.640 --> 0:16:21.720 you know Tiffany, you're one of her mentees, whether you're 0:16:21.720 --> 0:16:24.480 like in person mentee or you're on her patron you 0:16:24.480 --> 0:16:26.600 know that like Tiffany's all about giving the keys to 0:16:26.640 --> 0:16:29.720 the kingdom. There is like no gatekeeping ever. And so 0:16:30.600 --> 0:16:32.640 I first want to just say that, like my book 0:16:32.720 --> 0:16:35.040 launch is the way that it is and was the 0:16:35.080 --> 0:16:39.800 way that it was, like largely because of Tiffany's guidance 0:16:40.160 --> 0:16:42.600 as to like, here's what to do strategically, but also 0:16:42.720 --> 0:16:45.680 here's how to enjoy it in a way that is 0:16:45.720 --> 0:16:48.800 fulfilling with your community. And so it's been legit, like 0:16:49.080 --> 0:16:51.280 no joke, the best two months of my entire life 0:16:51.320 --> 0:16:55.320 up until now, Like it's just been so incredible. And 0:16:55.400 --> 0:16:59.280 my question basically the umbrella over it is like now what, 0:17:00.080 --> 0:17:00.960 who know what? 0:17:01.760 --> 0:17:02.440 Oh my gosh. 0:17:02.440 --> 0:17:03.880 And we talked a little bit about like the now 0:17:03.880 --> 0:17:08.439 what emotionally on our the main Brand Ambition episode. But 0:17:08.560 --> 0:17:11.880 I'm thinking of in terms of leverage, you know, like 0:17:12.000 --> 0:17:14.119 now I'm proud of the book. I'm proud of the 0:17:14.160 --> 0:17:17.040 impact it's made, the reviews and feedback that's coming in. 0:17:17.080 --> 0:17:19.720 I'm like, it's exactly how I wanted to hit. And 0:17:20.160 --> 0:17:22.720 this summer I'm taking, you know, some time off to 0:17:22.800 --> 0:17:27.320 sort of recalibrate and reset myself on my nervous system 0:17:27.359 --> 0:17:31.960 and stuff. In the fall, I'm doing a school tour, 0:17:32.240 --> 0:17:35.200 like university tour. I'm touring again so that I could 0:17:35.880 --> 0:17:37.520 try to get this book in front of as many 0:17:37.520 --> 0:17:40.280 young b ipoc as possible, and of course, like have 0:17:40.400 --> 0:17:43.560 the universities buy things and have donors by things I 0:17:43.680 --> 0:17:46.160 want to I would like to know from your perspective, 0:17:46.240 --> 0:17:49.640 besides sort of touring and selling the book itself. 0:17:49.920 --> 0:17:51.520 I'm like, what do I do next? 0:17:51.640 --> 0:17:53.359 You know, like, how do I leverage the fact that 0:17:53.359 --> 0:17:56.159 I've I feel so successful with this book. How do 0:17:56.200 --> 0:17:58.160 I leverage it into what I want to do next? 0:17:58.160 --> 0:18:00.000 And what I want to do next. I want to 0:18:00.119 --> 0:18:01.600 do more on camera stuff. I want to do more 0:18:01.720 --> 0:18:05.439 video stuff, and I also want to have more of 0:18:05.440 --> 0:18:07.400 what we've been talking about, which is more just sort 0:18:07.440 --> 0:18:10.639 of like not so much passive income, but things that 0:18:10.680 --> 0:18:13.520 don't also don't require me to be on camera and 0:18:13.680 --> 0:18:16.520 in front all the time, like how do I leverage 0:18:16.560 --> 0:18:20.000 now the success of this book into the business goals 0:18:20.000 --> 0:18:23.119 that I want, but also like aligned with the softer 0:18:23.240 --> 0:18:27.280 life of not not sprinting anymore, not doing as much now. 0:18:27.359 --> 0:18:29.600 I love this question, and honestly it's a question that 0:18:30.040 --> 0:18:32.960 it shows maturity in business, you know, because typically I 0:18:32.960 --> 0:18:34.680 can tell where you are, but the kind of questions 0:18:34.680 --> 0:18:38.920 you ask so typically you know, very very very newbies 0:18:38.960 --> 0:18:41.040 and business was there's nothing wrong with it. It's really 0:18:41.160 --> 0:18:43.320 like how do I not make enough money to survive? 0:18:44.119 --> 0:18:44.320 You know? 0:18:44.440 --> 0:18:46.639 Like how do I just make money in general? You know? 0:18:46.760 --> 0:18:48.280 So I know, like, okay, this is a new person 0:18:48.280 --> 0:18:49.760 in business. I got to get you to your first 0:18:49.760 --> 0:18:52.080 five hundred to one thousand bucks a month, yes, you know, 0:18:52.600 --> 0:18:54.280 and then it's like, okay, how do I make enough 0:18:54.280 --> 0:18:57.600 money to actually like to like be okay? And so 0:18:57.640 --> 0:18:59.959