1 00:00:00,120 --> 00:00:03,000 Speaker 1: Hey, ba fan, Mandy here or Mandra, you can call 2 00:00:03,040 --> 00:00:06,000 Speaker 1: me Mandra, that's fine. I have a simple request for you, guys. 3 00:00:06,040 --> 00:00:08,200 Speaker 1: We get so many questions on how you can support 4 00:00:08,200 --> 00:00:10,719 Speaker 1: the show, and there's really a very very simple thing 5 00:00:10,720 --> 00:00:13,440 Speaker 1: that we need you guys to do. Open up this app, 6 00:00:13,520 --> 00:00:16,120 Speaker 1: open up wherever you're listening to this podcast right now, 7 00:00:16,239 --> 00:00:19,239 Speaker 1: and subscribe if you have the ability, especially those of 8 00:00:19,280 --> 00:00:21,840 Speaker 1: you who are on iTunes. We're really making a push 9 00:00:21,880 --> 00:00:24,439 Speaker 1: to get the show more visible. You've seen that we've 10 00:00:24,440 --> 00:00:27,400 Speaker 1: partnered with a fabulous new network called Westwood One. But 11 00:00:27,480 --> 00:00:29,840 Speaker 1: we also need the support of our listeners. So if 12 00:00:29,880 --> 00:00:33,159 Speaker 1: you are a listener, a loyal listener, please subscribe, And 13 00:00:33,200 --> 00:00:35,960 Speaker 1: if you haven't yet, take a few seconds and leave 14 00:00:36,000 --> 00:00:39,120 Speaker 1: a five star review, and even a written review would 15 00:00:39,120 --> 00:00:42,120 Speaker 1: be the icing on the cake. But at least subscribe, 16 00:00:42,320 --> 00:00:45,400 Speaker 1: leave us a five star review, and continue to support 17 00:00:45,400 --> 00:00:48,960 Speaker 1: the show. This is so so crucial. It is basically 18 00:00:49,080 --> 00:00:52,920 Speaker 1: how we tell the Internet that our podcast is worth 19 00:00:52,960 --> 00:00:56,880 Speaker 1: promoting and featuring and getting charted, and we deserve to 20 00:00:56,880 --> 00:00:58,600 Speaker 1: be at the top of the charts, just like any 21 00:00:58,600 --> 00:01:01,320 Speaker 1: other show out there. Can't do it without your support, 22 00:01:01,440 --> 00:01:05,000 Speaker 1: So thank you very very much. Subscribe, like and review 23 00:01:05,040 --> 00:01:07,199 Speaker 1: the show, and we thank you so much. 24 00:01:23,240 --> 00:01:28,120 Speaker 2: Hey hey, I'm sick of black trauma. 25 00:01:28,560 --> 00:01:30,199 Speaker 1: Oh hey, hey bye. 26 00:01:30,520 --> 00:01:34,440 Speaker 2: I know listen, last week was rough. It was, and 27 00:01:34,480 --> 00:01:36,600 Speaker 2: I'm not gonna lie. I really don't even want to, like, 28 00:01:36,640 --> 00:01:40,600 Speaker 2: you know, because every podcast of my faves that I've 29 00:01:40,600 --> 00:01:44,399 Speaker 2: listened to I kind of skipped like this past week 30 00:01:44,600 --> 00:01:47,960 Speaker 2: because I was like, yeah, although I appreciate because obviously 31 00:01:47,960 --> 00:01:50,160 Speaker 2: you don't want to pretend like nothing is happening. I 32 00:01:50,320 --> 00:01:53,160 Speaker 2: just my soul is weary. 33 00:01:54,000 --> 00:01:57,440 Speaker 1: I agree with you, and honestly, what I want people, 34 00:01:58,000 --> 00:02:00,440 Speaker 1: I want other people besides black people talk about it. 35 00:02:01,080 --> 00:02:03,440 Speaker 1: Let someone else be outraged for a while and in pain. 36 00:02:04,080 --> 00:02:05,880 Speaker 1: I don't want to sit here. And I know we 37 00:02:05,960 --> 00:02:10,960 Speaker 1: could just we could spend hours talking about the same 38 00:02:11,040 --> 00:02:13,720 Speaker 1: thing that has been in reality for so long. You know, 39 00:02:13,760 --> 00:02:16,160 Speaker 1: it's not like anything new. So I'm with you. I'm 40 00:02:16,160 --> 00:02:18,919 Speaker 1: with you. My heart goes out to the families who 41 00:02:19,040 --> 00:02:24,680 Speaker 1: have lost their loved ones senselessly because because of racism 42 00:02:25,120 --> 00:02:29,600 Speaker 1: in this country. My heart also goes out to everybody 43 00:02:29,639 --> 00:02:33,000 Speaker 1: who everybody black, everybody black like you and I, who 44 00:02:33,400 --> 00:02:35,200 Speaker 1: have to find a way to deal with that trauma, 45 00:02:35,280 --> 00:02:38,240 Speaker 1: carry that pain with us through our days to our 46 00:02:38,320 --> 00:02:40,640 Speaker 1: day to day and just say, like, for me, the 47 00:02:40,720 --> 00:02:43,200 Speaker 1: key has been one hour at a time, like hour 48 00:02:43,720 --> 00:02:45,160 Speaker 1: one hour at a time, because I'll have a good 49 00:02:45,160 --> 00:02:48,120 Speaker 1: hour and then a bad hour. But some things that 50 00:02:48,200 --> 00:02:52,880 Speaker 1: have been giving me life and enjoy lately has been 51 00:02:53,120 --> 00:02:54,240 Speaker 1: I redid my zenden. 52 00:02:54,800 --> 00:02:56,480 Speaker 2: I know it was so cute because me and man 53 00:02:56,800 --> 00:02:58,880 Speaker 2: manager just tape something earlier. I was like, I had to. 54 00:02:59,000 --> 00:03:01,320 Speaker 2: I literally thought it. I'm so cute. Maybe I thought 55 00:03:01,320 --> 00:03:03,400 Speaker 2: it was one of those fake backgrounds like on Zoom. 56 00:03:03,400 --> 00:03:04,720 Speaker 2: I'm like, is that a fake background? 57 00:03:04,960 --> 00:03:07,520 Speaker 1: Oh? Thanks, It's just a giant curtain that's covering up 58 00:03:07,760 --> 00:03:11,080 Speaker 1: stacks and stacks of shelves with junk on them. But yeah, 59 00:03:10,560 --> 00:03:13,120 Speaker 1: I'm just down here so much, and I just moved 60 00:03:13,120 --> 00:03:15,040 Speaker 1: all the furniture around, and I'm trying to make a 61 00:03:15,160 --> 00:03:17,919 Speaker 1: zennier and I'm thinking I want like a little rock 62 00:03:18,000 --> 00:03:20,960 Speaker 1: garden or something. But I truly have ooh ooh, And 63 00:03:21,080 --> 00:03:23,240 Speaker 1: I got a moon pod. Don't judge me. 64 00:03:23,320 --> 00:03:24,320 Speaker 2: Have you seen a moon pod? 65 00:03:24,560 --> 00:03:27,000 Speaker 1: You might have seen on Instagram as I did so. 66 00:03:27,280 --> 00:03:29,480 Speaker 1: And I blame Stacy for this, Stacy who does my hair. 67 00:03:29,800 --> 00:03:32,280 Speaker 1: It's all Stacy's fault. She because I was talking about 68 00:03:32,320 --> 00:03:34,560 Speaker 1: I need a place to nap. So, as you guys know, 69 00:03:34,600 --> 00:03:37,120 Speaker 1: I started, I redid my I didn't redo. I judged 70 00:03:37,200 --> 00:03:39,800 Speaker 1: up the basement and I turned it into my home office, 71 00:03:39,840 --> 00:03:42,200 Speaker 1: which I'm calling the zen den because I don't just 72 00:03:42,240 --> 00:03:44,520 Speaker 1: want a desk. I wanted I put my peloton down here. 73 00:03:44,520 --> 00:03:46,760 Speaker 1: I put a yoga mat. I wanted to have a space, 74 00:03:47,160 --> 00:03:49,440 Speaker 1: a door to close for the first time and nearly 75 00:03:49,480 --> 00:03:53,120 Speaker 1: a year in the pandemic, just to become like myself again, 76 00:03:53,160 --> 00:03:54,920 Speaker 1: you know, just to like. This is where I come 77 00:03:54,960 --> 00:03:57,760 Speaker 1: down to invest in Mandy. You know what does Mama 78 00:03:57,840 --> 00:04:01,000 Speaker 1: Mandy need. She needs time to work feel good about that. 79 00:04:01,080 --> 00:04:03,480 Speaker 1: She needs to sweat on the peloton, she needs to stretch. 80 00:04:03,520 --> 00:04:06,600 Speaker 1: Whatever I need. So I realize I need a nap 81 00:04:06,600 --> 00:04:09,360 Speaker 1: spot just to you know, in between meetings or whatever, 82 00:04:09,480 --> 00:04:11,920 Speaker 1: just take a sweet little nap without having to go upstairs. 83 00:04:12,200 --> 00:04:14,360 Speaker 1: Because when I go upstairs, the problem is that I 84 00:04:14,400 --> 00:04:18,040 Speaker 1: can't avoid the baby. He's in the house, like he's everywhere, 85 00:04:18,080 --> 00:04:20,880 Speaker 1: and he knows the sound of my footsteps on the 86 00:04:20,920 --> 00:04:23,680 Speaker 1: basement staircase, so he comes running. This isn't a very 87 00:04:23,680 --> 00:04:26,400 Speaker 1: big house and he's not at daycare yet, so yeah, 88 00:04:26,440 --> 00:04:28,440 Speaker 1: so I decided I'm gonna like put. I was like, 89 00:04:28,480 --> 00:04:30,359 Speaker 1: maybe I should get a little shadse lounge or just 90 00:04:30,440 --> 00:04:33,200 Speaker 1: honestly an air mattress or something. And then Stacy was like, 91 00:04:33,360 --> 00:04:35,640 Speaker 1: have you seen this moon pod? And all I can 92 00:04:35,680 --> 00:04:39,520 Speaker 1: say is it is a grown up bean bag chair 93 00:04:39,960 --> 00:04:43,480 Speaker 1: and it is growing the best thing it is. So 94 00:04:43,720 --> 00:04:45,640 Speaker 1: it's so nice. I'm gonna take a picture. It looks 95 00:04:45,720 --> 00:04:48,480 Speaker 1: kind of ridiculous, but it's so comfy. I took a 96 00:04:48,760 --> 00:04:51,680 Speaker 1: I took a delicious nap yesterday in my moon pod. 97 00:04:52,080 --> 00:04:54,760 Speaker 1: I got a weighted blanket and I am investing in 98 00:04:54,800 --> 00:04:56,080 Speaker 1: my nap time. 99 00:04:56,240 --> 00:05:00,719 Speaker 2: So this looks very, very comfy. I'm like, wo moon pod. 100 00:05:00,839 --> 00:05:03,520 Speaker 1: Okay, there's like sciencey things about why it's so good, 101 00:05:03,520 --> 00:05:06,520 Speaker 1: but it's really good. And when you when you do that, 102 00:05:06,640 --> 00:05:09,320 Speaker 1: the combination with the moon pod where you're feeling weightless, 103 00:05:09,320 --> 00:05:11,520 Speaker 1: and then you add the weighted blanket, which just is 104 00:05:11,600 --> 00:05:15,000 Speaker 1: like someone just hugging you, but like who doesn't smell 105 00:05:15,040 --> 00:05:18,200 Speaker 1: bad because they haven't showered lately, you know, or like 106 00:05:18,240 --> 00:05:20,719 Speaker 1: their body heat is not like becoming too hot. It's 107 00:05:20,760 --> 00:05:24,240 Speaker 1: like a great experience with the weighted blanket. I recommend it. 108 00:05:25,160 --> 00:05:27,680 Speaker 2: Yes, So I will say this. I had a really, really, 109 00:05:27,760 --> 00:05:29,240 Speaker 2: really good and this is for because you know, when 110 00:05:29,279 --> 00:05:31,039 Speaker 2: I've been having these good talks with doctor Green and 111 00:05:31,080 --> 00:05:32,640 Speaker 2: she gathers me all the way together and then I 112 00:05:32,680 --> 00:05:34,760 Speaker 2: pass it on to you so she can gather you 113 00:05:34,800 --> 00:05:36,160 Speaker 2: together the juice, and I'm paying for it. We might 114 00:05:36,200 --> 00:05:40,320 Speaker 2: as well all benefit. So so something that doctor Green 115 00:05:40,400 --> 00:05:44,360 Speaker 2: shared with me, it was like so good. I was like, okay, 116 00:05:44,400 --> 00:05:46,080 Speaker 2: So for those of you who are like me and 117 00:05:46,120 --> 00:05:48,000 Speaker 2: Mandy who team too much, you know, we'd be doing 118 00:05:48,040 --> 00:05:52,440 Speaker 2: a lot, and sometimes we do so much that we're like, okay, Sis, 119 00:05:52,480 --> 00:05:54,960 Speaker 2: it's okay to rest, she said to me, because I 120 00:05:55,000 --> 00:05:57,520 Speaker 2: told her, I'm like, okay. The book you know, it 121 00:05:57,520 --> 00:05:59,640 Speaker 2: made near time bestsellers second week in rub but theah 122 00:05:59,640 --> 00:06:02,960 Speaker 2: blah was naming all these things like okay, okay, she said, okay, 123 00:06:03,200 --> 00:06:06,680 Speaker 2: that we can agree your magic wand is working. Say 124 00:06:06,720 --> 00:06:11,600 Speaker 2: what noo? She said, your magic wand is working. You 125 00:06:11,640 --> 00:06:15,760 Speaker 2: have manifested enough times to see that your magic wand 126 00:06:15,839 --> 00:06:19,120 Speaker 2: is working. She just means that, like, and this is 127 00:06:19,160 --> 00:06:22,880 Speaker 2: for you, who is listening, who does the most, who 128 00:06:23,000 --> 00:06:25,800 Speaker 2: doesn't break, doesn't rest, I'm looking at the mayor, so 129 00:06:25,839 --> 00:06:27,520 Speaker 2: I'm not judging you, but I'm talking to you. Sis, 130 00:06:27,600 --> 00:06:30,960 Speaker 2: the one who's looking at the looking at like whatever 131 00:06:31,520 --> 00:06:33,840 Speaker 2: contraption that you're listening to the podcast on, and you're 132 00:06:33,839 --> 00:06:36,680 Speaker 2: looking like, oh, she trying to read me. I'm reading you. 133 00:06:36,680 --> 00:06:39,240 Speaker 2: Your magic wand is working. You don't have to go 134 00:06:39,360 --> 00:06:42,000 Speaker 2: so hard, you don't have to go so long, you 135 00:06:42,080 --> 00:06:43,880 Speaker 2: don't have to do as much as you've been doing. 136 00:06:44,080 --> 00:06:46,920 Speaker 2: You can actually put your magic wand down and enjoy 137 00:06:46,960 --> 00:06:48,600 Speaker 2: a little life a little bit more and guess what, 138 00:06:48,640 --> 00:06:52,120 Speaker 2: it likely will recharge and work even better. And she 139 00:06:52,320 --> 00:06:56,200 Speaker 2: was like, you have manifested this life that you're living. 140 00:06:56,240 --> 00:07:00,120 Speaker 2: Now say it out loud with me. The seeds I 141 00:07:00,160 --> 00:07:05,320 Speaker 2: plant grow, the seeds I plant grow. So you want 142 00:07:05,320 --> 00:07:08,000 Speaker 2: to be even more mindful of the seeds that you're planting. 143 00:07:08,360 --> 00:07:12,120 Speaker 2: You want to garden intentionally. You know, you're not picking 144 00:07:12,200 --> 00:07:16,360 Speaker 2: random fruit. You're picking the fruit from the seeds that 145 00:07:16,400 --> 00:07:20,000 Speaker 2: you've planted. And so if you're wanting to pick different fruit, 146 00:07:20,560 --> 00:07:24,120 Speaker 2: then you have to make space in your garden for 147 00:07:24,200 --> 00:07:28,160 Speaker 2: something differently. And so I convince myself that, like more 148 00:07:28,200 --> 00:07:29,640 Speaker 2: and more and more heart, you can do it. You 149 00:07:29,640 --> 00:07:32,160 Speaker 2: can do. It's like nosis. You don't have to go 150 00:07:32,280 --> 00:07:36,880 Speaker 2: so hard. You're planting the right seeds, you're picking that fruit. 151 00:07:37,040 --> 00:07:41,040 Speaker 2: But if you're wanting rest and relaxation and more harmony, 152 00:07:41,320 --> 00:07:43,920 Speaker 2: then you have to plant those seeds as well. Your 153 00:07:44,000 --> 00:07:46,760 Speaker 2: magic wand is working. And I just felt red for filth, 154 00:07:46,960 --> 00:07:48,640 Speaker 2: so I figured, you know, i'd read you for filth 155 00:07:48,640 --> 00:07:51,400 Speaker 2: as well. So there you go. I'm cury, doctor Green. 156 00:07:52,360 --> 00:07:55,320 Speaker 1: Thank you, doctor Green. I don't think that was red 157 00:07:55,320 --> 00:07:58,240 Speaker 1: for filth. I just feel like that's it's how do 158 00:07:58,280 --> 00:08:03,480 Speaker 1: you mean you must feel like it's permission. It's permission 159 00:08:03,600 --> 00:08:07,200 Speaker 1: to it's permission to trust yourself, and it's like getting 160 00:08:07,240 --> 00:08:10,440 Speaker 1: to a place where you trust it is. I love 161 00:08:10,520 --> 00:08:13,120 Speaker 1: that garden metaphor because it's true. You know, you can 162 00:08:13,160 --> 00:08:15,720 Speaker 1: only harvest so much, and you can only use the 163 00:08:15,760 --> 00:08:19,680 Speaker 1: earth so so much before it doesn't yield anything. Yes, 164 00:08:20,320 --> 00:08:23,320 Speaker 1: deplete it. It's like over. It's like over harvesting can 165 00:08:23,360 --> 00:08:26,080 Speaker 1: actually diminish future crops. So you have to tend to it. 166 00:08:26,120 --> 00:08:28,520 Speaker 1: And then you you harvest what you can, use it 167 00:08:28,520 --> 00:08:30,760 Speaker 1: the best that you can, and you try and store 168 00:08:30,800 --> 00:08:32,520 Speaker 1: them away for winter. Okay, I'm doing. 169 00:08:32,360 --> 00:08:34,160 Speaker 2: This whole mend no, and you said and then you 170 00:08:34,240 --> 00:08:37,439 Speaker 2: said the perfect words. She said, trust that I've been 171 00:08:37,520 --> 00:08:40,000 Speaker 2: using my magic wand as if I don't trust that 172 00:08:40,080 --> 00:08:43,600 Speaker 2: it works because I have overworked around it and it's 173 00:08:43,720 --> 00:08:45,840 Speaker 2: like gnosis, you don't need to do all of that 174 00:08:45,840 --> 00:08:47,560 Speaker 2: that it was a lack of trust, and she's like, 175 00:08:47,800 --> 00:08:50,360 Speaker 2: can you trust yourself to me that you're going to 176 00:08:50,400 --> 00:08:52,720 Speaker 2: be the bomb dot com without having to do so much? 177 00:08:53,679 --> 00:08:55,320 Speaker 2: Like girl, you got it. You don't have to do 178 00:08:55,360 --> 00:08:59,160 Speaker 2: all this to shine like you know. So it was 179 00:08:59,240 --> 00:09:01,160 Speaker 2: just like, yeah, now when I say read for film, 180 00:09:01,160 --> 00:09:03,880 Speaker 2: I didn't feel offended. It was perfect because to your 181 00:09:03,880 --> 00:09:05,760 Speaker 2: point many I needed the permission to be like, it's 182 00:09:05,760 --> 00:09:07,600 Speaker 2: okay to sit down. God, it's not gonna go away 183 00:09:08,360 --> 00:09:10,600 Speaker 2: your trust, it's gonna be here. You put the work 184 00:09:10,600 --> 00:09:11,440 Speaker 2: and it's gonna be here. 185 00:09:12,559 --> 00:09:16,400 Speaker 1: Your Wanda's like, take a break, girl, why does like this? 186 00:09:16,920 --> 00:09:19,640 Speaker 2: You exhausted me in my elderly age that those who 187 00:09:19,640 --> 00:09:21,319 Speaker 2: don't know Wanda is my eighty year old self, That's 188 00:09:21,320 --> 00:09:24,600 Speaker 2: what I call her. Wandas like, grow, I'm tired. Look 189 00:09:24,640 --> 00:09:27,280 Speaker 2: at you. You are wearing that body out since we 190 00:09:27,360 --> 00:09:31,440 Speaker 2: need it for now, so so just go ahead. 191 00:09:31,640 --> 00:09:33,760 Speaker 1: Can we actually listen to a voicemail that we got 192 00:09:33,760 --> 00:09:35,400 Speaker 1: from a listener. I know we were gonna do it 193 00:09:35,480 --> 00:09:37,560 Speaker 1: during questions, but I kind of feel like this is 194 00:09:37,559 --> 00:09:39,600 Speaker 1: the perfect time to play that voicemail. Sarah, do you 195 00:09:39,600 --> 00:09:40,439 Speaker 1: have that cueued up? 196 00:09:40,960 --> 00:09:44,439 Speaker 3: I am Denay from Manhattan, and I'm listening to your 197 00:09:44,480 --> 00:09:47,440 Speaker 3: show on April sixteenth, and I just want to let 198 00:09:47,480 --> 00:09:49,920 Speaker 3: you know. I want to thank you for letting me 199 00:09:50,000 --> 00:09:52,920 Speaker 3: know that I shouldn't feel guilty for not being career 200 00:09:53,320 --> 00:09:56,520 Speaker 3: ambitious in my career will because I'm working from home, 201 00:09:56,600 --> 00:10:01,040 Speaker 3: raising children and dealing with Corona, just mentally wiped out, 202 00:10:01,080 --> 00:10:03,640 Speaker 3: and I just don't have the goal or the ambition 203 00:10:03,720 --> 00:10:06,280 Speaker 3: anymore that be the best employee, So thank you. 204 00:10:07,840 --> 00:10:09,480 Speaker 1: I can hear him in his voice. I think he 205 00:10:09,520 --> 00:10:13,240 Speaker 1: said vane or renee, but I can hear the exhaustion 206 00:10:13,720 --> 00:10:16,680 Speaker 1: and if that's what you needed to give yourself permission 207 00:10:16,800 --> 00:10:20,640 Speaker 1: to rest and recharge, take it, Yes, take it. You 208 00:10:20,679 --> 00:10:22,440 Speaker 1: don't have to keep go, go going. Isn't that the 209 00:10:22,440 --> 00:10:25,880 Speaker 1: perfect kind of to supplement and compliment what you had said, Tiffany. 210 00:10:25,920 --> 00:10:28,200 Speaker 1: It sort of like he just sounds run down and 211 00:10:28,280 --> 00:10:30,560 Speaker 1: like he needs time to recharge, and he's acknowledging that. 212 00:10:31,000 --> 00:10:35,480 Speaker 2: Yeah, No, honestly, I'm glad that you got that permission. 213 00:10:35,520 --> 00:10:37,640 Speaker 2: It's hard sometimes you need to hear people say it 214 00:10:38,240 --> 00:10:42,600 Speaker 2: because you're like, I'm not giving my quote unquote best anyway, 215 00:10:42,640 --> 00:10:44,800 Speaker 2: but it is, this is what you have to give, 216 00:10:44,880 --> 00:10:47,319 Speaker 2: so that is your best. And so yeah, sometimes you 217 00:10:47,440 --> 00:10:50,199 Speaker 2: just need permission to not work so much. And sometimes 218 00:10:50,240 --> 00:10:53,320 Speaker 2: we need permission to be okay, not you know, to 219 00:10:53,360 --> 00:10:56,240 Speaker 2: be exactly where we are. And so yes, I'm glad 220 00:10:56,240 --> 00:10:57,160 Speaker 2: that that you're enough. 221 00:10:57,600 --> 00:11:00,640 Speaker 1: Yes, that the work you did today was enough. I 222 00:11:00,679 --> 00:11:03,840 Speaker 1: think if we can talk about my therapist, doctor Lauren. So, 223 00:11:04,080 --> 00:11:05,960 Speaker 1: one of the things early in the pandemic that I 224 00:11:06,000 --> 00:11:09,240 Speaker 1: had to learn was to I was constantly even when 225 00:11:09,240 --> 00:11:11,720 Speaker 1: I was on maternity leave, it was I don't feel productive. 226 00:11:11,880 --> 00:11:15,400 Speaker 1: All I did was, you know, breastfeed one hundred times 227 00:11:15,400 --> 00:11:17,679 Speaker 1: a day and you know, bounce on the yoga ball 228 00:11:17,720 --> 00:11:19,720 Speaker 1: until the baby fell asleep, and I had a cup 229 00:11:19,720 --> 00:11:22,360 Speaker 1: of coffee and that's like that was my entire day. 230 00:11:22,920 --> 00:11:26,240 Speaker 1: And she said that is enough. She said, that is enough. 231 00:11:26,320 --> 00:11:28,559 Speaker 1: You were productive. That was the job that you had 232 00:11:28,559 --> 00:11:31,360 Speaker 1: to do, and we need to like we need to 233 00:11:31,440 --> 00:11:35,120 Speaker 1: celebrate the quiet work. This I don't know. I don't 234 00:11:35,120 --> 00:11:36,640 Speaker 1: want to call it small, but you know what I mean, 235 00:11:36,720 --> 00:11:39,400 Speaker 1: like the little tasks, the little jobs that we do, 236 00:11:39,440 --> 00:11:44,240 Speaker 1: because some days, especially during the last week that we 237 00:11:44,400 --> 00:11:46,840 Speaker 1: just had, some days it is all you can do 238 00:11:46,960 --> 00:11:49,280 Speaker 1: to put one foot in front of another, sit in 239 00:11:49,280 --> 00:11:51,440 Speaker 1: front of the desk, answer the day of emails, talk 240 00:11:51,480 --> 00:11:53,720 Speaker 1: to the boss, you know that kind of stuff. You know, 241 00:11:53,840 --> 00:11:56,120 Speaker 1: do the work, or you know, just sit down and 242 00:11:56,520 --> 00:12:00,000 Speaker 1: be there present for your children. It's that is enough. 243 00:12:00,400 --> 00:12:04,440 Speaker 1: And certainly don't kill yourself trying to do what you 244 00:12:04,480 --> 00:12:06,760 Speaker 1: think you should be doing on top of that, because 245 00:12:06,800 --> 00:12:09,760 Speaker 1: some days you just need to be at peace with 246 00:12:09,920 --> 00:12:13,320 Speaker 1: what you have done and tell yourself that you're enough. 247 00:12:13,640 --> 00:12:16,439 Speaker 1: And if what was that mantra? Something about a seed. 248 00:12:16,800 --> 00:12:21,600 Speaker 2: That the seeds I plant grow and I'm going to 249 00:12:21,600 --> 00:12:24,839 Speaker 2: be mindful of the seeds that I plant and garden intentionally. 250 00:12:25,160 --> 00:12:28,520 Speaker 2: The seeds that I plant grow, so I will garden intentionally. 251 00:12:29,520 --> 00:12:30,000 Speaker 1: I love that. 252 00:12:30,400 --> 00:12:30,840 Speaker 4: M m. 253 00:12:32,360 --> 00:12:33,600 Speaker 1: I feel like we need to like home. 254 00:12:33,920 --> 00:12:37,560 Speaker 2: I know, I just feel like, you know, what I 255 00:12:37,600 --> 00:12:40,520 Speaker 2: really love is that, like, you know, one of the 256 00:12:40,559 --> 00:12:42,199 Speaker 2: things that Mandy and I really try to do. We're 257 00:12:42,240 --> 00:12:44,280 Speaker 2: not here to show up perfectly, but We're here to 258 00:12:44,320 --> 00:12:47,200 Speaker 2: show up fully, you know, like to admit we're like 259 00:12:47,240 --> 00:12:49,960 Speaker 2: I'm overwhelmed, I'm not working. It's not good because I 260 00:12:49,960 --> 00:12:52,160 Speaker 2: don't want to pretend like everything is okay, because I 261 00:12:52,160 --> 00:12:54,960 Speaker 2: think that's not just detrimental to y'all who are listening, 262 00:12:55,000 --> 00:12:58,000 Speaker 2: but detrimental to me and to Mandy if you don't 263 00:12:58,000 --> 00:13:00,480 Speaker 2: show up fully and truly, because I want to see, 264 00:13:00,640 --> 00:13:03,200 Speaker 2: Like I don't care how great it looks from the outside. 265 00:13:03,240 --> 00:13:06,160 Speaker 2: Sometimes it's a hot mess, and people struggle no matter 266 00:13:06,200 --> 00:13:09,319 Speaker 2: what stage or what phase they're on life. And sometimes 267 00:13:09,720 --> 00:13:13,600 Speaker 2: you're actually your most calm and zen when you are 268 00:13:13,640 --> 00:13:17,679 Speaker 2: your least outwardly successful, you know, and so all of 269 00:13:17,720 --> 00:13:20,560 Speaker 2: that you get to see, like what it all looks like, 270 00:13:20,559 --> 00:13:23,040 Speaker 2: like the truth of all that it looks like with 271 00:13:23,160 --> 00:13:25,120 Speaker 2: where we are and not just you get to see 272 00:13:25,120 --> 00:13:27,360 Speaker 2: like our growth. I feel like, I'm sure if you 273 00:13:27,400 --> 00:13:30,360 Speaker 2: were to listen to me from like a year ago, 274 00:13:30,800 --> 00:13:34,920 Speaker 2: I sound way more stressed or way less connected. But 275 00:13:35,000 --> 00:13:37,959 Speaker 2: I'm feeling so much better. And even though like the 276 00:13:38,480 --> 00:13:41,839 Speaker 2: launch took a lot out of me, Like I'm reassessing, 277 00:13:41,920 --> 00:13:43,640 Speaker 2: like you know what next steps look like, and I 278 00:13:43,720 --> 00:13:46,640 Speaker 2: feel more in control that I don't have to do 279 00:13:46,679 --> 00:13:49,880 Speaker 2: all the things, And like I'm actually seeing things differently, like, oh, 280 00:13:49,920 --> 00:13:52,520 Speaker 2: I can do those five projects without doing those five projects. 281 00:13:52,840 --> 00:13:54,400 Speaker 2: Let me call Taylor, let me call this person, let 282 00:13:54,400 --> 00:13:56,800 Speaker 2: me call that pert. They can do those projects for 283 00:13:56,920 --> 00:13:59,520 Speaker 2: me under the Budgetista. So I'm even learning how to 284 00:13:59,600 --> 00:14:02,760 Speaker 2: navigate differently. I used to think, Mandy that whatever I 285 00:14:02,800 --> 00:14:04,880 Speaker 2: had new projects, I used to be like, oh gosh, 286 00:14:05,000 --> 00:14:06,680 Speaker 2: because in my mind I was thinking about all the 287 00:14:06,679 --> 00:14:09,880 Speaker 2: work I had to do, and It's like why why 288 00:14:09,920 --> 00:14:12,520 Speaker 2: can't Like Taylor writes great courses, Like I want to 289 00:14:12,520 --> 00:14:14,680 Speaker 2: do a course for get Good with Money, And I'm like, 290 00:14:14,679 --> 00:14:16,400 Speaker 2: why do I have to write that course? The book 291 00:14:16,440 --> 00:14:18,240 Speaker 2: is written. You did that? Give Taylor the book and 292 00:14:18,240 --> 00:14:20,040 Speaker 2: say make a course based upon this. Taylor is one 293 00:14:20,040 --> 00:14:24,240 Speaker 2: of my course writers. And I was just like, oh, yeah, duh, 294 00:14:24,440 --> 00:14:28,000 Speaker 2: you know, like every relegate, yes, And so I just 295 00:14:28,040 --> 00:14:30,080 Speaker 2: feel like, hopefully that you get to hear it's the 296 00:14:30,160 --> 00:14:33,000 Speaker 2: ups and downs, the side to side and see that 297 00:14:33,120 --> 00:14:36,920 Speaker 2: growth is a journey that you never never finished with. 298 00:14:38,280 --> 00:14:40,280 Speaker 2: And yeah, and that to give yourself the space and 299 00:14:40,320 --> 00:14:40,680 Speaker 2: the grace. 300 00:14:41,360 --> 00:14:43,280 Speaker 1: Space and the grace. I love that. Can I make 301 00:14:43,320 --> 00:14:48,320 Speaker 1: a quick confession speaking of showing up fully. I actually 302 00:14:48,360 --> 00:14:52,120 Speaker 1: gave a presentation a week or two ago and it 303 00:14:52,160 --> 00:14:55,040 Speaker 1: was like five steps to use technology to save smarter 304 00:14:55,240 --> 00:14:58,640 Speaker 1: and at the you know, this wasn't necessarily a technology hack, 305 00:14:58,720 --> 00:15:01,200 Speaker 1: but for me, the most an important step in there 306 00:15:01,400 --> 00:15:06,600 Speaker 1: was to recalibrate. So once you celebrate your winds, recalibrate 307 00:15:06,680 --> 00:15:09,680 Speaker 1: And by that I meant, you know, not treating whatever 308 00:15:09,720 --> 00:15:12,280 Speaker 1: it is your budget or your financial plan as one 309 00:15:12,360 --> 00:15:15,800 Speaker 1: and done like a rigid set of guidelines that you're 310 00:15:15,800 --> 00:15:18,720 Speaker 1: just going to beat yourself up against forever. Because as 311 00:15:18,720 --> 00:15:21,960 Speaker 1: we've learned the past year, like income can change, you know, 312 00:15:22,080 --> 00:15:25,480 Speaker 1: your health can change. Your circumstances where you live can 313 00:15:25,560 --> 00:15:28,960 Speaker 1: change so quickly, and I think that people should give 314 00:15:29,000 --> 00:15:31,800 Speaker 1: themselves grace when it comes to their financial plan as well, 315 00:15:31,840 --> 00:15:34,080 Speaker 1: and to bake that into your process. And it was 316 00:15:34,120 --> 00:15:36,800 Speaker 1: something that as I was writing it for that talk, 317 00:15:36,840 --> 00:15:39,360 Speaker 1: I realized I had not done that, Like I had 318 00:15:39,400 --> 00:15:43,440 Speaker 1: not looked at so my income. My income did increase 319 00:15:43,440 --> 00:15:46,880 Speaker 1: significantly this past year just because of some career choices 320 00:15:46,920 --> 00:15:52,480 Speaker 1: I made, and I hadn't really reassessed how I was 321 00:15:52,960 --> 00:15:56,000 Speaker 1: saving and spending, and I started to get really stressed 322 00:15:56,000 --> 00:15:57,840 Speaker 1: out about it like there was a Friday not long 323 00:15:57,840 --> 00:16:01,200 Speaker 1: ago where I was like, wait a second, where is 324 00:16:01,360 --> 00:16:03,760 Speaker 1: where's it all going? You know, are we what are 325 00:16:03,760 --> 00:16:06,040 Speaker 1: we doing with it? Are we investing? Like where's it? 326 00:16:06,080 --> 00:16:09,160 Speaker 1: And I had just lost track. I had. I finally 327 00:16:09,200 --> 00:16:11,080 Speaker 1: sat down, you know, after I wrote that line in 328 00:16:11,080 --> 00:16:12,920 Speaker 1: my presentation, because I didn't want to be a hypocrite, 329 00:16:12,920 --> 00:16:14,640 Speaker 1: and I was like, Okay, I'm going to recalibrate, like 330 00:16:14,720 --> 00:16:17,240 Speaker 1: what is happening? You know, our income has increased, so 331 00:16:17,280 --> 00:16:20,040 Speaker 1: what are we doing? And for me, it was it 332 00:16:20,080 --> 00:16:23,880 Speaker 1: was sitting down and just methodically going through the different 333 00:16:24,000 --> 00:16:27,440 Speaker 1: accounts and seeing like what is going out, what is 334 00:16:27,480 --> 00:16:31,040 Speaker 1: coming in? And it was so it was so for me, 335 00:16:31,720 --> 00:16:34,400 Speaker 1: it almost like gave myself permission to acknowledge that I 336 00:16:34,440 --> 00:16:37,840 Speaker 1: had kind of lost track of my financial I don't 337 00:16:37,880 --> 00:16:40,000 Speaker 1: know what you want to call it, like framework or 338 00:16:40,040 --> 00:16:42,240 Speaker 1: plan and just to kind of get a gut check 339 00:16:42,280 --> 00:16:44,320 Speaker 1: like where am I at? And it turned out I 340 00:16:44,360 --> 00:16:47,360 Speaker 1: had all these automatic transfers, I was contributing twice to 341 00:16:47,440 --> 00:16:50,720 Speaker 1: this brokerage account, and I had, you know, doubled up 342 00:16:50,760 --> 00:16:55,080 Speaker 1: on some kind of contribution to a savings fund for 343 00:16:55,240 --> 00:16:57,800 Speaker 1: my son. And it was good, but it was also 344 00:16:57,880 --> 00:17:00,160 Speaker 1: kind of sloppy and messy, and so I got everything 345 00:17:00,160 --> 00:17:03,880 Speaker 1: cleaned up. I made new more ambitious goals as far 346 00:17:03,920 --> 00:17:06,720 Speaker 1: as saving and investing. And I just wanted to say 347 00:17:06,760 --> 00:17:10,520 Speaker 1: that because even myself, you know, having done this for 348 00:17:10,560 --> 00:17:15,320 Speaker 1: so long, even I sometimes forget to recalibrate and look 349 00:17:15,359 --> 00:17:18,400 Speaker 1: at how my situation has changed and sit down and 350 00:17:18,440 --> 00:17:22,200 Speaker 1: just go back to that. That'll be word the budget. 351 00:17:23,280 --> 00:17:25,960 Speaker 1: And I just wanted to remind y'all it's been a 352 00:17:26,000 --> 00:17:27,560 Speaker 1: really hell of it's been a hell of a year. 353 00:17:27,640 --> 00:17:30,600 Speaker 1: And if you guys need that, like, sit down, look 354 00:17:30,640 --> 00:17:32,880 Speaker 1: at how the financials are doing, and see if your 355 00:17:32,920 --> 00:17:35,199 Speaker 1: goals that you made, you know when you started your 356 00:17:35,240 --> 00:17:37,879 Speaker 1: budget still align with where you are today, and if not, 357 00:17:38,040 --> 00:17:41,640 Speaker 1: then just just change them. Like you can change them. 358 00:17:41,680 --> 00:17:44,280 Speaker 1: You're the boss. You can change them. And there's nothing 359 00:17:44,280 --> 00:17:51,960 Speaker 1: wrong with that. Yeah, that was really inspiring, Tiffany. 360 00:17:51,680 --> 00:17:54,680 Speaker 2: No just listening. I'm just like you reflecting. I'm just like, yeah, 361 00:17:55,280 --> 00:17:56,880 Speaker 2: it's like one of those like USA. 362 00:17:56,880 --> 00:17:57,040 Speaker 5: Like. 363 00:17:58,680 --> 00:18:01,080 Speaker 2: It just feels good to let go. And if twenty 364 00:18:01,160 --> 00:18:03,680 Speaker 2: twenty twenty one has taught me nothing else that help 365 00:18:03,880 --> 00:18:06,479 Speaker 2: asking for help, asking for help, asking for help, like 366 00:18:07,160 --> 00:18:08,960 Speaker 2: do not go it alone. What might have taken me 367 00:18:09,000 --> 00:18:11,119 Speaker 2: three years to figure out will take me three months 368 00:18:11,119 --> 00:18:13,720 Speaker 2: with help. That is critically and help meaning like it 369 00:18:13,800 --> 00:18:16,800 Speaker 2: might be therapy, it might be coaching, and might be 370 00:18:16,840 --> 00:18:18,760 Speaker 2: reaching out to your team, and might be asking your sister. 371 00:18:18,800 --> 00:18:21,879 Speaker 2: The baby said, like, do not go this life alone. 372 00:18:22,520 --> 00:18:25,040 Speaker 2: If you have the ability, please ask for help. 373 00:18:26,720 --> 00:18:30,640 Speaker 1: Eight man sister friend speaking of asking for help. Should 374 00:18:30,680 --> 00:18:33,720 Speaker 1: we take a quick break and like transition, I'm really 375 00:18:33,720 --> 00:18:36,280 Speaker 1: good on my segways today. All right, we're gonna take 376 00:18:36,320 --> 00:18:38,240 Speaker 1: a quick break and we'll be right back to answer 377 00:18:38,280 --> 00:19:13,160 Speaker 1: your questions. All right, we are back to answer your 378 00:19:13,240 --> 00:19:16,239 Speaker 1: questions again. Y'all can leave us a voicemail, like our 379 00:19:16,320 --> 00:19:19,560 Speaker 1: listener Renee did earlier. Hit us up eight four four 380 00:19:19,800 --> 00:19:23,520 Speaker 1: eight five eight eight zero eight zero, leave us a voicemail, 381 00:19:23,560 --> 00:19:26,720 Speaker 1: try and keep it brief. If you feel a little wordy, 382 00:19:26,760 --> 00:19:28,880 Speaker 1: you might still want to reach out to us via email, 383 00:19:28,960 --> 00:19:31,920 Speaker 1: or you can always DM us at Brand Ambition Podcast 384 00:19:32,280 --> 00:19:35,760 Speaker 1: on Insta or at or sorry. Our email is Brand 385 00:19:35,800 --> 00:19:38,399 Speaker 1: Ambition Podcast at gmail dot com. If you're feeling a 386 00:19:38,400 --> 00:19:40,640 Speaker 1: little wordy, but we'd love to hear from you, It's 387 00:19:40,680 --> 00:19:43,680 Speaker 1: nice to hear y'all's voices eight four four eight five 388 00:19:43,760 --> 00:19:47,159 Speaker 1: eight eight zero eight zero. All right, let's dig in. 389 00:19:47,240 --> 00:19:49,080 Speaker 1: Let's dig into that voicemail Sarah, what do we have? 390 00:19:50,240 --> 00:19:52,920 Speaker 4: Hi, ladies, I have a quick question about in Tooy 391 00:19:53,080 --> 00:19:56,800 Speaker 4: stock purchase plans. So my company allows us to buy 392 00:19:56,840 --> 00:20:00,639 Speaker 4: stock at a fifteen percent discount through payroll deduction. I'm 393 00:20:00,680 --> 00:20:04,280 Speaker 4: seeing conflicting information online. Do you feel like the best 394 00:20:04,960 --> 00:20:08,280 Speaker 4: way to capitalize is by immediately selling the stock to 395 00:20:08,840 --> 00:20:11,919 Speaker 4: get that fifteen percent discount or holding on to it 396 00:20:11,960 --> 00:20:14,720 Speaker 4: for the long term to get the tax advantage. Thanks 397 00:20:14,760 --> 00:20:15,840 Speaker 4: so much, bye, bye. 398 00:20:16,560 --> 00:20:20,240 Speaker 1: Awesome, Well, thank you so much for your question. Employee 399 00:20:20,240 --> 00:20:24,000 Speaker 1: stock purchase plan. So this is actually a great benefit 400 00:20:24,080 --> 00:20:26,960 Speaker 1: that some companies offer, and basically it's and if you 401 00:20:27,000 --> 00:20:29,879 Speaker 1: have a publicly traded company, they may offer you a 402 00:20:29,960 --> 00:20:33,760 Speaker 1: ten or fifteen percent discount on that stock, which if 403 00:20:33,800 --> 00:20:36,040 Speaker 1: you take advantage of that, I mean, who wouldn't want 404 00:20:36,400 --> 00:20:38,919 Speaker 1: a ten or fifteen percent discount on a stock today 405 00:20:39,359 --> 00:20:42,000 Speaker 1: like that? Actually, I mean you're lucky if you make 406 00:20:42,080 --> 00:20:44,520 Speaker 1: ten to fifteen percent on the stock over a year, 407 00:20:44,960 --> 00:20:47,960 Speaker 1: you know, So it can be a good benefit. Now, 408 00:20:48,280 --> 00:20:51,240 Speaker 1: the pros and cons of holding on to it or 409 00:20:51,400 --> 00:20:54,119 Speaker 1: selling it, right away. I'm not surprised that you found 410 00:20:54,119 --> 00:20:57,280 Speaker 1: conflicting information. I wouldn't call it conflicting. I would just 411 00:20:57,280 --> 00:20:59,600 Speaker 1: say it's one of those questions where it's like there 412 00:20:59,680 --> 00:21:03,280 Speaker 1: is no exact right or wrong answer. And to remind 413 00:21:03,320 --> 00:21:05,720 Speaker 1: you guys, like, I'm not an investment expert, I'm not 414 00:21:05,800 --> 00:21:08,199 Speaker 1: your financial planner. I'm just Tiffany and I are just 415 00:21:08,200 --> 00:21:10,760 Speaker 1: your financial girlfriends, just here telling you what's worked for us. 416 00:21:11,280 --> 00:21:15,240 Speaker 1: So for me, I sometimes get a little I'm more 417 00:21:15,280 --> 00:21:17,760 Speaker 1: on a weary of holding a lot of stock in 418 00:21:17,800 --> 00:21:20,480 Speaker 1: a company that already pays my bills. I would much 419 00:21:20,600 --> 00:21:26,199 Speaker 1: rather invest outside of my company stock. For example, at anytime, 420 00:21:26,240 --> 00:21:29,800 Speaker 1: I was granted stock through restricted stock units in the past, 421 00:21:29,840 --> 00:21:32,400 Speaker 1: So this is a little bit of a different way 422 00:21:32,520 --> 00:21:35,439 Speaker 1: that companies can give you stock. So restricted stock units 423 00:21:35,480 --> 00:21:37,560 Speaker 1: is just we're gonna give you stock in the company, 424 00:21:37,920 --> 00:21:39,240 Speaker 1: you know, but we're not gonna give it to you 425 00:21:39,320 --> 00:21:41,400 Speaker 1: right away. You gotta work here for a year, and 426 00:21:41,440 --> 00:21:43,239 Speaker 1: you gotta work here for another year to get the 427 00:21:43,600 --> 00:21:45,439 Speaker 1: you know, the next batch, and then year after that 428 00:21:45,480 --> 00:21:47,320 Speaker 1: to get the next batch. So it's like an incentive 429 00:21:47,359 --> 00:21:51,760 Speaker 1: to stick around. I always sold those things lickety split. Immediately, 430 00:21:51,800 --> 00:21:54,880 Speaker 1: no matter what the stock had done. I treated it 431 00:21:54,960 --> 00:21:57,439 Speaker 1: like a free cash bonus and I sold it. That 432 00:21:57,520 --> 00:22:00,080 Speaker 1: worked for me because I personally didn't want to have 433 00:22:00,119 --> 00:22:02,080 Speaker 1: a lot of money tied up in one single stock, 434 00:22:02,160 --> 00:22:04,320 Speaker 1: let alone a stock that like they already have my 435 00:22:04,359 --> 00:22:08,120 Speaker 1: paycheck and my income, like if they crash, I could 436 00:22:08,160 --> 00:22:11,160 Speaker 1: lose what my stock value and my job Like that 437 00:22:11,240 --> 00:22:13,320 Speaker 1: for me was too much to risk. So that's why 438 00:22:13,359 --> 00:22:16,880 Speaker 1: I sold it immediately. Now where you're talking about tax 439 00:22:16,880 --> 00:22:19,280 Speaker 1: implications is if you sell it and then you pocket 440 00:22:19,640 --> 00:22:24,080 Speaker 1: the you pocket your proceeds. So that is where you 441 00:22:24,080 --> 00:22:27,400 Speaker 1: need to think about the tax implication. If you decide 442 00:22:27,400 --> 00:22:29,480 Speaker 1: to sell it. You know that could end up working 443 00:22:29,520 --> 00:22:31,960 Speaker 1: in your in your favor if you, you know, make 444 00:22:32,000 --> 00:22:35,159 Speaker 1: a certain amount of money on it. But you have 445 00:22:35,240 --> 00:22:39,480 Speaker 1: to also weigh the cost of short term in a 446 00:22:39,480 --> 00:22:43,760 Speaker 1: short term tax on on that sell out selling that stock. 447 00:22:44,240 --> 00:22:47,879 Speaker 1: So I would say talk it through with whether it's 448 00:22:47,880 --> 00:22:50,880 Speaker 1: an accountant or your financial planner, and just see if 449 00:22:50,920 --> 00:22:54,760 Speaker 1: it's worth the amount that you're paying in taxes. For 450 00:22:54,840 --> 00:22:57,320 Speaker 1: a lot of people, Like for example, back in January 451 00:22:57,400 --> 00:22:59,520 Speaker 1: TIF when everyone was buying not everyone, but a lot 452 00:22:59,560 --> 00:23:01,800 Speaker 1: of people were game stop and what was it like 453 00:23:01,880 --> 00:23:05,720 Speaker 1: AMC there were you know, I think I even had tweeted, 454 00:23:06,160 --> 00:23:09,639 Speaker 1: you know, be careful because if you purchase game Stop, 455 00:23:10,000 --> 00:23:12,720 Speaker 1: you know, in December and then the stock I don't 456 00:23:12,720 --> 00:23:15,960 Speaker 1: even know how much like quadruple or tenext a couple 457 00:23:16,000 --> 00:23:18,600 Speaker 1: of months later, and you sold to profit off of that, 458 00:23:18,680 --> 00:23:21,440 Speaker 1: you also had a tax had a tax hit because 459 00:23:21,440 --> 00:23:24,240 Speaker 1: you get taxed more when you hold the investment for 460 00:23:24,240 --> 00:23:26,520 Speaker 1: a shorter period of time. And a lot of people 461 00:23:26,600 --> 00:23:28,920 Speaker 1: on Twitter were like, yeah, we know, like don't you 462 00:23:28,920 --> 00:23:32,680 Speaker 1: shouldn't discourage people from investing just because of the tax implication, 463 00:23:32,760 --> 00:23:34,480 Speaker 1: Like you can still make a lot more money even 464 00:23:34,520 --> 00:23:37,639 Speaker 1: after paying taxes. And that's true. That's why I'm saying, like, 465 00:23:38,160 --> 00:23:41,000 Speaker 1: if you want to sell to get that benefit because 466 00:23:41,040 --> 00:23:44,000 Speaker 1: you bought the stock at a discount, cool, But then 467 00:23:44,040 --> 00:23:47,119 Speaker 1: also ask your financial planner or CPA or whoever you know, 468 00:23:47,160 --> 00:23:49,760 Speaker 1: what would my tax implication be and would it be 469 00:23:49,800 --> 00:23:52,879 Speaker 1: worth it? Nothing is stopping you from selling that stock 470 00:23:52,960 --> 00:23:55,480 Speaker 1: like I did and then using it. I didn't sell 471 00:23:55,520 --> 00:23:58,240 Speaker 1: it to cash the profit. I went turned around and 472 00:23:58,240 --> 00:24:01,360 Speaker 1: bought index funds or ETFs with it, so I instantly 473 00:24:01,440 --> 00:24:04,199 Speaker 1: diversified what would have been all the money tied up 474 00:24:04,240 --> 00:24:07,320 Speaker 1: in one stock by investing in an index fund or ETF, 475 00:24:07,359 --> 00:24:09,919 Speaker 1: which is how you can, you know, be exposed to 476 00:24:10,080 --> 00:24:14,200 Speaker 1: multiple stocks, not just one. So that's personally what I did. 477 00:24:15,080 --> 00:24:18,000 Speaker 1: And again I'm sure it was like a bunch of 478 00:24:18,080 --> 00:24:21,439 Speaker 1: conflicting information on that one answer, but yeah, there's really 479 00:24:21,800 --> 00:24:25,200 Speaker 1: there's really no one right answer. It's like a combination 480 00:24:25,320 --> 00:24:28,440 Speaker 1: of what makes sense financially and then what helps you. 481 00:24:28,800 --> 00:24:30,399 Speaker 1: What's the kind of decision that you can sleep with 482 00:24:30,440 --> 00:24:32,240 Speaker 1: that night, and that's something you have to come to 483 00:24:32,320 --> 00:24:32,760 Speaker 1: on your own. 484 00:24:33,400 --> 00:24:35,480 Speaker 2: That was good. I was like, that's your this is 485 00:24:35,520 --> 00:24:38,760 Speaker 2: I feel like when it comes to employee employe, but I. 486 00:24:39,119 --> 00:24:40,879 Speaker 1: I've buy some shares. A budget needs to end. 487 00:24:42,160 --> 00:24:45,600 Speaker 2: Yeah, but I will say we are switching so many 488 00:24:45,640 --> 00:24:48,879 Speaker 2: of our ten ninety nine contract workers as to W 489 00:24:49,119 --> 00:24:50,560 Speaker 2: two employees at the end of this month. So I'm 490 00:24:50,600 --> 00:24:53,080 Speaker 2: super excited about half the team is making this, well 491 00:24:53,080 --> 00:24:55,120 Speaker 2: more than half the team is making the switch. We're 492 00:24:55,160 --> 00:24:58,720 Speaker 2: offering our four one K a four one K plan 493 00:24:58,880 --> 00:25:02,959 Speaker 2: I'm looking into matching, and we're also offering health insurance 494 00:25:03,080 --> 00:25:06,199 Speaker 2: that includes vision and dental. I saw, I feel like 495 00:25:06,200 --> 00:25:08,160 Speaker 2: such a grown up in business isn't that great? 496 00:25:08,240 --> 00:25:11,159 Speaker 1: Dude? You're really like a startup that has now gone 497 00:25:11,520 --> 00:25:13,520 Speaker 1: has just reached like all the things you're talking about, 498 00:25:13,600 --> 00:25:16,359 Speaker 1: learning how to delegate and like doing all the things 499 00:25:16,359 --> 00:25:18,960 Speaker 1: in the beginning. It just sounds a lot like you're 500 00:25:19,000 --> 00:25:20,960 Speaker 1: a startup and now you're a big business. 501 00:25:21,040 --> 00:25:22,680 Speaker 2: You know, we are business now. I don't know about 502 00:25:22,680 --> 00:25:24,160 Speaker 2: big business, but we have business. 503 00:25:23,800 --> 00:25:25,359 Speaker 1: Business a business business. 504 00:25:26,040 --> 00:25:28,680 Speaker 2: That's awesome, so all of that. Honestly, just thinking about that, 505 00:25:28,720 --> 00:25:30,600 Speaker 2: I'm like, huh, I wonder you know, if we ever 506 00:25:30,680 --> 00:25:33,359 Speaker 2: do you know, do stock, Like what does that look like? 507 00:25:33,400 --> 00:25:35,320 Speaker 2: So like this has just all been interesting. No, but 508 00:25:35,359 --> 00:25:35,879 Speaker 2: that was good. 509 00:25:36,320 --> 00:25:39,280 Speaker 1: I mean, imagine if like a big bank purchased a 510 00:25:39,280 --> 00:25:41,879 Speaker 1: budget needs to ink and then you had I'm just 511 00:25:41,920 --> 00:25:44,200 Speaker 1: saying that's what happens with startups. You know, like you're 512 00:25:44,200 --> 00:25:46,280 Speaker 1: still a startup. I'm not saying that you would sell 513 00:25:46,400 --> 00:25:48,160 Speaker 1: like Tiffany, don't sell out, you know what I mean. 514 00:25:48,640 --> 00:25:51,720 Speaker 1: But but yeah, I mean, I you see this happen. 515 00:25:52,000 --> 00:25:56,120 Speaker 1: And I have friends who have like worked at well 516 00:25:56,160 --> 00:25:58,240 Speaker 1: I'm making this up, but let's say they started working 517 00:25:58,320 --> 00:26:01,639 Speaker 1: day one at Peloton, and you know they'll sometimes offer 518 00:26:01,720 --> 00:26:03,680 Speaker 1: you I don't know, what they're called. But they'll give 519 00:26:03,720 --> 00:26:05,720 Speaker 1: you stock without calling it stock. It's like a certain 520 00:26:05,760 --> 00:26:08,600 Speaker 1: class of shares because they haven't gone public yet or 521 00:26:08,600 --> 00:26:10,840 Speaker 1: no one, you know what I mean. And then you 522 00:26:10,960 --> 00:26:13,560 Speaker 1: kind of can see at least then you have some ownership, 523 00:26:13,640 --> 00:26:16,040 Speaker 1: like if they were to sell, you have something. So 524 00:26:16,080 --> 00:26:18,680 Speaker 1: that's kind of an exciting that's kind of an exciting 525 00:26:18,680 --> 00:26:21,480 Speaker 1: step for a budgetese to if you do ease it tease, 526 00:26:21,800 --> 00:26:25,439 Speaker 1: but first, like vision insurance, that's great. People need to 527 00:26:25,480 --> 00:26:30,560 Speaker 1: get their glasses and stuff. That's exciting though. All right, 528 00:26:30,680 --> 00:26:33,840 Speaker 1: and for our final question, this one comes from the GRAM. 529 00:26:33,960 --> 00:26:36,280 Speaker 1: All right, this says, hi, ladies, I'd like to buy 530 00:26:36,280 --> 00:26:38,960 Speaker 1: a home in twenty twenty five or twenty twenty six. 531 00:26:39,560 --> 00:26:42,280 Speaker 1: Is it smart to place home savings in an investment 532 00:26:42,320 --> 00:26:45,840 Speaker 1: account starting now or a high interest savings account? I 533 00:26:45,920 --> 00:26:48,639 Speaker 1: have my six month emergency fund saved and I'm currently 534 00:26:48,680 --> 00:26:52,520 Speaker 1: paying down some consumer debt. Good question. 535 00:26:52,600 --> 00:26:55,320 Speaker 2: So this is twenty twenty six, so you have one 536 00:26:55,560 --> 00:26:56,080 Speaker 2: how many years? 537 00:26:56,400 --> 00:27:00,000 Speaker 1: Years? Four or five years timeline? 538 00:27:00,520 --> 00:27:02,560 Speaker 2: Yeah, a five year timeline actually is not that because 539 00:27:02,600 --> 00:27:04,359 Speaker 2: usually people will tell you that like kind of like 540 00:27:04,400 --> 00:27:07,120 Speaker 2: the rule of thumb is, if you're investing, you want 541 00:27:07,119 --> 00:27:08,720 Speaker 2: to at least leave it alone for five years. So 542 00:27:08,760 --> 00:27:10,680 Speaker 2: if I had five years, I probably wouldn't just keep 543 00:27:10,680 --> 00:27:13,920 Speaker 2: it in. I wouldn't I wouldn't put all in an 544 00:27:13,920 --> 00:27:16,040 Speaker 2: investment account, but I wouldn't put all in the savings. 545 00:27:16,040 --> 00:27:18,119 Speaker 2: I probably would do like some sort of half and half, 546 00:27:18,760 --> 00:27:21,199 Speaker 2: because five years is just about the cusp of what 547 00:27:21,240 --> 00:27:25,080 Speaker 2: you're looking for when when you're thinking about investing, Because 548 00:27:25,119 --> 00:27:26,199 Speaker 2: what I don't want you to do is not to 549 00:27:26,240 --> 00:27:28,160 Speaker 2: have the money readily available. But then I don't want 550 00:27:28,160 --> 00:27:30,359 Speaker 2: you to miss out and potentially earning more than you 551 00:27:30,600 --> 00:27:31,960 Speaker 2: with a savings account. 552 00:27:32,640 --> 00:27:35,960 Speaker 1: Yeah, I mean, she says she's got six months of 553 00:27:36,080 --> 00:27:39,639 Speaker 1: emergency fund saved and she is paying down some consumer debt, 554 00:27:40,080 --> 00:27:43,439 Speaker 1: and maybe I mean the consumer debt, like I don't 555 00:27:43,520 --> 00:27:46,520 Speaker 1: know how much it is. I don't know. I can't 556 00:27:46,520 --> 00:27:48,399 Speaker 1: even say whether it sounds like it's a lot or not. 557 00:27:48,480 --> 00:27:50,919 Speaker 1: But let's assume it's not very much. Let's assume that 558 00:27:50,960 --> 00:27:52,720 Speaker 1: she can pay it off. Maybe the next few months, 559 00:27:54,160 --> 00:27:57,680 Speaker 1: you can do a hybrid. I mean, if five years 560 00:27:57,760 --> 00:28:00,159 Speaker 1: is about the yeah, it's it's about like is that 561 00:28:00,200 --> 00:28:02,359 Speaker 1: a short term or a long term investment? And then 562 00:28:02,600 --> 00:28:04,720 Speaker 1: what I would say is Investing in the market can 563 00:28:05,320 --> 00:28:08,479 Speaker 1: mean a bunch of different things. So if you're looking 564 00:28:09,119 --> 00:28:12,640 Speaker 1: to invest in something that could potentially give you a 565 00:28:12,720 --> 00:28:14,720 Speaker 1: you know, a good return on investment, but not make 566 00:28:14,800 --> 00:28:17,879 Speaker 1: you overexposed to any one single stock, I would say, 567 00:28:18,200 --> 00:28:21,960 Speaker 1: you know, choose ETFs or even opening up a brokerage 568 00:28:21,960 --> 00:28:24,840 Speaker 1: account that has Like, for example, I opened up a 569 00:28:24,840 --> 00:28:29,159 Speaker 1: brokerage account recently, and there was a certain fund you know, 570 00:28:29,240 --> 00:28:33,440 Speaker 1: based on time horizon and based on risk tolerance. Those 571 00:28:33,440 --> 00:28:35,639 Speaker 1: are just fancy words for how much time do you 572 00:28:35,840 --> 00:28:39,320 Speaker 1: have to invest for and then how stressed out are 573 00:28:39,360 --> 00:28:41,960 Speaker 1: you going to be if the market goes down and 574 00:28:42,040 --> 00:28:45,440 Speaker 1: goes up. So based on those answers, I was directed 575 00:28:45,480 --> 00:28:49,360 Speaker 1: to a specific kind of fund and it instantly diversifies, 576 00:28:49,480 --> 00:28:51,280 Speaker 1: you know, put money in and it spreads it across 577 00:28:51,320 --> 00:28:54,920 Speaker 1: several ETFs and that you know worked for what I wanted. 578 00:28:55,000 --> 00:28:58,280 Speaker 1: So you could look at options like that to help you, 579 00:28:58,280 --> 00:29:01,000 Speaker 1: you know, make sure that you're investing, you know, putting 580 00:29:01,000 --> 00:29:04,520 Speaker 1: your money for your home down payment somewhere that you're 581 00:29:04,560 --> 00:29:07,800 Speaker 1: broadly diversified over the next four years, so four or 582 00:29:07,800 --> 00:29:10,320 Speaker 1: five years, so when company goes down, it doesn't like 583 00:29:10,320 --> 00:29:13,560 Speaker 1: take your whole down payment with it, so j I 584 00:29:13,560 --> 00:29:15,520 Speaker 1: would just say acknowledge the risks of that. You know, 585 00:29:15,600 --> 00:29:19,560 Speaker 1: the biggest difference between a savings account at an FDIC 586 00:29:19,680 --> 00:29:23,240 Speaker 1: insured bank and an investment account is that it's FDIC insurance. 587 00:29:23,240 --> 00:29:25,560 Speaker 1: It's a beautiful thing, baby, it's a beautiful thing. It 588 00:29:25,600 --> 00:29:30,960 Speaker 1: means if the banks collapse, then the federal government ensures 589 00:29:30,960 --> 00:29:33,360 Speaker 1: the money in your account up to two hundred and 590 00:29:33,360 --> 00:29:35,760 Speaker 1: fifty thousand dollars, I think, And you don't have that 591 00:29:35,800 --> 00:29:37,960 Speaker 1: when you're investing, so you have to sort of assume 592 00:29:38,000 --> 00:29:41,040 Speaker 1: the risk of what happens when you invest in one 593 00:29:41,120 --> 00:29:43,959 Speaker 1: hundred percent. You know, consult a professional if you'd like to, 594 00:29:44,480 --> 00:29:46,480 Speaker 1: and do your own due diligence because you really have 595 00:29:46,520 --> 00:29:52,200 Speaker 1: to make the best choice for yourself. Isn't it crazy? 596 00:29:52,200 --> 00:29:52,360 Speaker 5: Though? 597 00:29:52,400 --> 00:29:56,440 Speaker 1: The housing market, like I've heard stories about, especially in 598 00:29:56,600 --> 00:29:58,720 Speaker 1: like I have a lot of colleagues who live in 599 00:29:58,840 --> 00:30:02,400 Speaker 1: Charlotte and does of offers on the same home and 600 00:30:02,560 --> 00:30:06,080 Speaker 1: basically for the for the typical first time home buyer, 601 00:30:06,280 --> 00:30:09,320 Speaker 1: you know, maybe you have ten twenty percent saved sides 602 00:30:09,720 --> 00:30:12,360 Speaker 1: for a down payment, like maybe you're looking at an 603 00:30:12,480 --> 00:30:14,760 Speaker 1: FAHA loan or something like that. It's really hard to 604 00:30:15,800 --> 00:30:18,400 Speaker 1: even find a home that's affordable, because like you may 605 00:30:18,440 --> 00:30:20,640 Speaker 1: look at a home and say, oh, that's four hundred thousands, 606 00:30:20,680 --> 00:30:23,400 Speaker 1: I have eighty thousand dollars cash for a down payment. Great, 607 00:30:23,720 --> 00:30:25,360 Speaker 1: But then there's a bidding war and all of a sudden, 608 00:30:25,400 --> 00:30:27,320 Speaker 1: the house is six hundred thousand and you don't have 609 00:30:27,320 --> 00:30:29,760 Speaker 1: one hundred and twenty thousand, you know, and it's it's 610 00:30:29,800 --> 00:30:31,680 Speaker 1: just way out of your price range so fast. So 611 00:30:32,080 --> 00:30:32,880 Speaker 1: I just feel like. 612 00:30:33,680 --> 00:30:36,880 Speaker 2: But honestly, this is what I'll say. I remember right 613 00:30:36,960 --> 00:30:42,600 Speaker 2: before the last recession, how home prices were astronomical and 614 00:30:42,680 --> 00:30:45,520 Speaker 2: people were scrambling to get homes, and I just want 615 00:30:45,560 --> 00:30:52,360 Speaker 2: to tell people like, this is artificially high. You have 616 00:30:52,400 --> 00:30:55,120 Speaker 2: to ask yourself, how does a home go from two 617 00:30:55,200 --> 00:30:59,880 Speaker 2: hundred to four hundred. I just I cost people from 618 00:31:00,080 --> 00:31:02,520 Speaker 2: rushing to get anything, just something, just anything. I get 619 00:31:02,520 --> 00:31:03,760 Speaker 2: it because I've been there when I'm I gonna just 620 00:31:03,800 --> 00:31:06,280 Speaker 2: want anything, do something, And I did that. And guess what. 621 00:31:06,400 --> 00:31:07,960 Speaker 2: The house that I bought when I was twenty five 622 00:31:08,280 --> 00:31:10,440 Speaker 2: has never reached back up to the two twenty that 623 00:31:10,480 --> 00:31:13,160 Speaker 2: I bought it for. It's been almost it's been over 624 00:31:13,280 --> 00:31:17,160 Speaker 2: twenty years. No, it's been over fifteen years if. 625 00:31:17,080 --> 00:31:19,040 Speaker 1: You internet stock your ex condo. 626 00:31:19,440 --> 00:31:22,080 Speaker 2: I do. It's't that crazy because I want to justify 627 00:31:22,160 --> 00:31:24,360 Speaker 2: one day it would have been worth it. It's still to 628 00:31:24,400 --> 00:31:27,240 Speaker 2: this day, Mandy, the hiat has gotten is one eighty. 629 00:31:27,240 --> 00:31:29,320 Speaker 2: I bought it for two twenty. So I don't want 630 00:31:29,320 --> 00:31:32,560 Speaker 2: you to get something at this height of this artificial 631 00:31:32,600 --> 00:31:35,720 Speaker 2: market just to have something only five years from now 632 00:31:35,760 --> 00:31:39,240 Speaker 2: to find that you are you are underwater, which means 633 00:31:39,240 --> 00:31:41,320 Speaker 2: that your mortgage is actually more than what you could 634 00:31:41,320 --> 00:31:43,800 Speaker 2: sell the house for. So sometimes the blessing is that 635 00:31:43,840 --> 00:31:46,440 Speaker 2: you didn't get it, you know, like, I'm not purchasing. 636 00:31:46,600 --> 00:31:48,920 Speaker 2: I had set aside a bunch of money to buy 637 00:31:49,000 --> 00:31:51,400 Speaker 2: some homes, but I'm like, yeah, I'm not doing it. 638 00:31:51,440 --> 00:31:54,120 Speaker 2: I'm not going to. I have much rather put my 639 00:31:54,320 --> 00:31:57,560 Speaker 2: investment towards something where there's going to be a yield. 640 00:31:57,960 --> 00:32:00,800 Speaker 2: Where Why would I buy an inflated house for five 641 00:32:00,960 --> 00:32:02,520 Speaker 2: years from now for it to go back to the 642 00:32:02,560 --> 00:32:04,680 Speaker 2: value where it's supposed to be and I've lost some money. 643 00:32:04,720 --> 00:32:06,760 Speaker 2: So just be mindful about getting a house just to 644 00:32:06,760 --> 00:32:07,880 Speaker 2: get a house, just to get a house. 645 00:32:08,760 --> 00:32:11,360 Speaker 1: Amen to that, absolutely, And I like the fact that 646 00:32:11,440 --> 00:32:14,840 Speaker 1: it sounds like she's cooling her jets until twenty twenty five. Yes, 647 00:32:14,920 --> 00:32:15,760 Speaker 1: people may not want. 648 00:32:15,680 --> 00:32:16,080 Speaker 3: To hear that. 649 00:32:16,160 --> 00:32:19,560 Speaker 1: But if if you're I like I mean, Tiffany, it 650 00:32:19,560 --> 00:32:21,320 Speaker 1: sounds like you had sort of a budget in mind 651 00:32:21,320 --> 00:32:23,320 Speaker 1: for what you wanted to spend where you wanted to 652 00:32:23,360 --> 00:32:25,960 Speaker 1: spend it. And if things are getting too out of 653 00:32:25,960 --> 00:32:30,040 Speaker 1: control and you're having to stretch yourself to you know, 654 00:32:30,120 --> 00:32:33,360 Speaker 1: to a point where you're really financially uncomfortable, then just 655 00:32:33,360 --> 00:32:35,880 Speaker 1: just sit down. Markets go up and down. That applies 656 00:32:35,920 --> 00:32:37,840 Speaker 1: to the housing market as well. It may take a 657 00:32:37,920 --> 00:32:41,560 Speaker 1: year or two because a housing market moves very slowly sometimes, 658 00:32:41,640 --> 00:32:45,080 Speaker 1: but hopefully we'll come back to a realm of normalcy 659 00:32:45,600 --> 00:32:48,040 Speaker 1: in the next couple of years in the housing market. 660 00:32:48,920 --> 00:32:51,600 Speaker 1: But definitely don't just buy to buy. That's yeah, yes, 661 00:32:51,840 --> 00:32:53,760 Speaker 1: I mean it's you know, it's fine, but it's it's 662 00:32:53,840 --> 00:32:55,320 Speaker 1: not necessarily the best way to. 663 00:32:55,480 --> 00:32:57,080 Speaker 2: Yes, I don't want you to end up like me 664 00:32:57,360 --> 00:33:00,360 Speaker 2: stalking my old content, like what day you'll be with whatever? 665 00:33:01,480 --> 00:33:03,800 Speaker 2: It kind of was like never never. 666 00:33:04,200 --> 00:33:06,200 Speaker 1: That is like going back and stalking your ex. 667 00:33:06,280 --> 00:33:08,880 Speaker 2: It's so funny, all right, waiting for your exit, live 668 00:33:08,880 --> 00:33:11,280 Speaker 2: a bad life, and they're like, Grandma, you're flourishing, leave 669 00:33:11,280 --> 00:33:11,920 Speaker 2: me alone. 670 00:33:13,520 --> 00:33:15,960 Speaker 1: All right, Well, thank y'all so much for your questions. 671 00:33:16,760 --> 00:33:19,040 Speaker 1: Take a quick break and come back with brown Boost Brown. 672 00:33:18,880 --> 00:33:56,680 Speaker 5: Break, And now it's time to boost break b st breaker, 673 00:33:56,760 --> 00:33:57,960 Speaker 5: b stie breaking. 674 00:34:00,000 --> 00:34:01,280 Speaker 2: Well you go do, Mandy, you gonna boost? Are you 675 00:34:01,320 --> 00:34:01,880 Speaker 2: gonna break? 676 00:34:02,480 --> 00:34:05,600 Speaker 1: I'm going to boost today. I actually came across this 677 00:34:05,640 --> 00:34:08,200 Speaker 1: news article a colleague has sent it to me today, 678 00:34:08,280 --> 00:34:10,560 Speaker 1: and even though it's from October, I hadn't read this, 679 00:34:10,719 --> 00:34:13,640 Speaker 1: maybe because I was still in the haze of pandemonium, 680 00:34:13,640 --> 00:34:16,600 Speaker 1: but I hadn't read this, this research that had come out, 681 00:34:16,760 --> 00:34:22,400 Speaker 1: and this phenomenal economist named Dana Peterson, black woman. She 682 00:34:22,880 --> 00:34:25,200 Speaker 1: had worked for City Bank for a long time. Now 683 00:34:25,200 --> 00:34:28,200 Speaker 1: she's a chief economist at a company called the Conference Board. 684 00:34:28,520 --> 00:34:31,680 Speaker 1: But Dana decided last year that she was actually going 685 00:34:31,719 --> 00:34:34,760 Speaker 1: to put a number on the cost of systemic racism 686 00:34:35,520 --> 00:34:38,480 Speaker 1: to a society, to America, Like how much has the 687 00:34:38,520 --> 00:34:41,719 Speaker 1: economy missed out on? Because if you're black and brown 688 00:34:41,760 --> 00:34:45,000 Speaker 1: in this country, you're how your home is worthless because 689 00:34:45,320 --> 00:34:48,600 Speaker 1: you earn less over time because you don't get you know, 690 00:34:48,800 --> 00:34:52,799 Speaker 1: a certain salary. All those all those different factors, and 691 00:34:53,000 --> 00:34:54,319 Speaker 1: the number that I don't know if this is a 692 00:34:54,320 --> 00:34:56,320 Speaker 1: boost or break. I think it's a boost for Dana 693 00:34:56,600 --> 00:35:00,839 Speaker 1: because she took her own experiences this article Bloomberg will 694 00:35:00,840 --> 00:35:02,319 Speaker 1: put a link to on the show. Note she took 695 00:35:02,320 --> 00:35:06,319 Speaker 1: her own experience encountering racism as she worked up you know, 696 00:35:06,400 --> 00:35:09,560 Speaker 1: worked her way through financial services, and decided to actually 697 00:35:09,640 --> 00:35:12,040 Speaker 1: quantify it. And the number that she came up with 698 00:35:12,200 --> 00:35:16,600 Speaker 1: is kind of insane. But racism has cost America sixteen 699 00:35:16,719 --> 00:35:22,520 Speaker 1: trillion dollars. Sixteen trillion with a T dollars okay, that 700 00:35:22,560 --> 00:35:26,560 Speaker 1: could have paid for sixteen stimulus plans, right like economic 701 00:35:26,640 --> 00:35:29,440 Speaker 1: relief packages. So I just wanted to highlight that and 702 00:35:29,719 --> 00:35:32,560 Speaker 1: say thanks to Dana. In this article, she also just 703 00:35:32,600 --> 00:35:36,160 Speaker 1: shares like a bunch of anecdotes about how she had 704 00:35:36,280 --> 00:35:41,400 Speaker 1: encountered bias herself and how she decided to tackle this 705 00:35:41,520 --> 00:35:44,960 Speaker 1: question and use her skills as an economist and researcher, 706 00:35:45,360 --> 00:35:47,560 Speaker 1: and bless her for that, to use those skills to 707 00:35:47,600 --> 00:35:50,719 Speaker 1: actually give people, to help people see that when we 708 00:35:50,760 --> 00:35:54,160 Speaker 1: talk about wealth building for black and brown people, it's 709 00:35:54,160 --> 00:35:56,760 Speaker 1: not just costing us, you know, it's not just costing 710 00:35:56,800 --> 00:36:00,520 Speaker 1: our children wealth. It's also costing the country wealth. Because 711 00:36:00,560 --> 00:36:03,160 Speaker 1: when you don't. When everyone is not succeeding and everyone's 712 00:36:03,200 --> 00:36:07,239 Speaker 1: not successful and thriving financially, it actually hurts the economy. 713 00:36:07,400 --> 00:36:10,800 Speaker 1: You know, they have more people who are unable to spend, 714 00:36:10,920 --> 00:36:15,160 Speaker 1: which drives business. Right, So if we really want to 715 00:36:15,160 --> 00:36:18,520 Speaker 1: to improve the economy, we should all treat financial equity 716 00:36:19,120 --> 00:36:21,919 Speaker 1: as a real urgent need and an urgent call to action. 717 00:36:22,120 --> 00:36:24,800 Speaker 1: And so I love this this little piece of research. 718 00:36:24,840 --> 00:36:27,600 Speaker 1: So shout out to Dana and uh yeah, we'll post 719 00:36:27,640 --> 00:36:28,960 Speaker 1: a link to that in the show notes. 720 00:36:30,200 --> 00:36:34,280 Speaker 2: Thank you, Dana. I am going to boost as well. 721 00:36:35,120 --> 00:36:40,239 Speaker 2: So everybody's favorite financial fairy godmother, Lynette so Forms Women 722 00:36:40,239 --> 00:36:41,640 Speaker 2: to reached out to me, I don't know, some months 723 00:36:41,680 --> 00:36:45,239 Speaker 2: ago and asked me it was this a thing that 724 00:36:45,280 --> 00:36:48,520 Speaker 2: I did called the One, And it was supposed to 725 00:36:48,560 --> 00:36:52,560 Speaker 2: be about who was like the one person in your 726 00:36:52,600 --> 00:36:55,319 Speaker 2: professional life that like made all the difference, you know, 727 00:36:55,960 --> 00:37:00,200 Speaker 2: And of course I was like, that's easy, Lynette, And 728 00:37:00,280 --> 00:37:05,239 Speaker 2: so I talked about how as a result of like 729 00:37:05,320 --> 00:37:07,759 Speaker 2: meeting Lynette so many years ago, I don't even know, 730 00:37:07,920 --> 00:37:10,839 Speaker 2: it was probably like about ten years ago. You can 731 00:37:10,960 --> 00:37:14,040 Speaker 2: go on if you go down Forbes. It's just it's 732 00:37:14,040 --> 00:37:17,080 Speaker 2: called how the budget needs to save people millions with 733 00:37:17,160 --> 00:37:20,239 Speaker 2: help from an unexpected mentor. And it's just really nice. 734 00:37:20,280 --> 00:37:23,200 Speaker 2: It's just this six minute video that came to my house. 735 00:37:23,239 --> 00:37:25,879 Speaker 2: They recorded me kind of just talking about how when 736 00:37:25,880 --> 00:37:29,640 Speaker 2: I first met Lynette, how I made a mistake and 737 00:37:29,680 --> 00:37:32,440 Speaker 2: how I treated her nothing disrespectful, but like it was 738 00:37:32,480 --> 00:37:34,080 Speaker 2: embarrassing now that I look back on it, not for 739 00:37:34,120 --> 00:37:37,880 Speaker 2: Lynette but for me, and how she poured so much 740 00:37:38,800 --> 00:37:43,359 Speaker 2: into me in that first car ride and how to 741 00:37:43,400 --> 00:37:45,839 Speaker 2: this day it really helped to catapult me to where 742 00:37:45,920 --> 00:37:48,480 Speaker 2: I am now and all the things that she used 743 00:37:48,480 --> 00:37:50,880 Speaker 2: to share and tell me are where I am now. 744 00:37:51,400 --> 00:37:55,200 Speaker 2: And the thing about Lynette kwed Fondi Cox, if you're 745 00:37:55,239 --> 00:37:59,040 Speaker 2: not familiar, she's one of the first black financial educators 746 00:37:59,080 --> 00:38:02,200 Speaker 2: women to be seen publicly. I mean Good Morning America today, 747 00:38:02,239 --> 00:38:05,000 Speaker 2: so all the shows, Lynette did it before everybody. And 748 00:38:05,040 --> 00:38:08,440 Speaker 2: not only just that, she's just like the kindest, like honestly, 749 00:38:09,080 --> 00:38:11,760 Speaker 2: I you know, I told my story and I posted 750 00:38:11,800 --> 00:38:14,239 Speaker 2: it in our in our Black money group, Mandy, and 751 00:38:14,320 --> 00:38:16,920 Speaker 2: like the comments were just feels like about Lynette stories 752 00:38:16,920 --> 00:38:18,520 Speaker 2: and one time she helped me and one time she 753 00:38:18,560 --> 00:38:21,239 Speaker 2: did this, and and that's what I aspired to be 754 00:38:21,400 --> 00:38:24,360 Speaker 2: I aspired to be a Lynette. I told the story 755 00:38:24,400 --> 00:38:28,120 Speaker 2: on social media the other day about how one of 756 00:38:28,120 --> 00:38:30,840 Speaker 2: my other mentors shared how she had made a mistake 757 00:38:30,880 --> 00:38:33,319 Speaker 2: when she had a mentor because she thought she and 758 00:38:33,320 --> 00:38:35,200 Speaker 2: the mentor were neck and neck at one point because 759 00:38:35,200 --> 00:38:37,520 Speaker 2: they had been on the same stages, but not understanding 760 00:38:37,560 --> 00:38:39,640 Speaker 2: that you could be on the same stage in different levels. 761 00:38:40,520 --> 00:38:44,040 Speaker 2: And how she learned very quickly that although she was 762 00:38:44,080 --> 00:38:46,680 Speaker 2: a light pole and it seemed taller than her mentor, 763 00:38:46,719 --> 00:38:49,760 Speaker 2: but her mentor was a tree and had deep roots. 764 00:38:50,440 --> 00:38:53,719 Speaker 2: And when her foundation was shaken, her light pole fell 765 00:38:53,760 --> 00:38:56,440 Speaker 2: and the mentor's tree remained, and it quickly humbled her 766 00:38:56,440 --> 00:39:01,920 Speaker 2: to realize that nasis don't compare here, your instant flash 767 00:39:02,080 --> 00:39:05,520 Speaker 2: with someone's years and years and years of work. And 768 00:39:06,040 --> 00:39:08,960 Speaker 2: I could never hold a candle to Lynnette like what 769 00:39:09,000 --> 00:39:12,800 Speaker 2: she's able to do, how she's been able to help folks. 770 00:39:13,320 --> 00:39:16,640 Speaker 2: I mean, Lynette is to me the ultimate goals. How 771 00:39:16,680 --> 00:39:19,080 Speaker 2: she shows up as a wife, as a mother, as 772 00:39:19,120 --> 00:39:22,480 Speaker 2: a friend, as a mentor, as a financial educator. Lynette 773 00:39:23,040 --> 00:39:26,080 Speaker 2: been a New York Times bestseller and just the humblest 774 00:39:26,080 --> 00:39:28,319 Speaker 2: and kindest and just I just wanted to say all 775 00:39:28,320 --> 00:39:32,320 Speaker 2: that I know she's herd earl. I love her. She's 776 00:39:32,440 --> 00:39:35,680 Speaker 2: just she's goals and when I look at Lynnette, that's 777 00:39:35,680 --> 00:39:39,160 Speaker 2: what I hope to grow too. So yeah, that was 778 00:39:39,200 --> 00:39:40,919 Speaker 2: just it. I just wanted to share that. Just shout 779 00:39:40,960 --> 00:39:42,960 Speaker 2: out to Forbes and especially Forbes Women for giving me 780 00:39:43,000 --> 00:39:47,600 Speaker 2: the opportunity to brag on my mentor and to I 781 00:39:47,640 --> 00:39:49,440 Speaker 2: didn't even say share her with the world because'slready been 782 00:39:49,440 --> 00:39:52,040 Speaker 2: shared many, many times, but to share at least my 783 00:39:52,160 --> 00:39:54,320 Speaker 2: personal story with her with the world. 784 00:39:54,600 --> 00:39:56,440 Speaker 1: Oh, I love that. I love Lynette. I feel like 785 00:39:56,520 --> 00:39:59,120 Speaker 1: she's the Tom Hanks of Brown Ambition, like Tom Hanks 786 00:39:59,200 --> 00:40:01,600 Speaker 1: is like the most or is it Alec Baldwin. I 787 00:40:01,640 --> 00:40:04,520 Speaker 1: don't know on SNL, but Lynette has been on the 788 00:40:04,520 --> 00:40:07,120 Speaker 1: show at least three times, I want to say, most 789 00:40:07,120 --> 00:40:09,400 Speaker 1: recently to talk about how she and her hubby Earl 790 00:40:09,480 --> 00:40:13,480 Speaker 1: are creating a real estate investing empire just across all 791 00:40:13,480 --> 00:40:16,880 Speaker 1: these United States. So check out. Well, I don't remember 792 00:40:16,880 --> 00:40:18,920 Speaker 1: what the episode is, but I'm sure we can figure 793 00:40:18,920 --> 00:40:21,279 Speaker 1: it out and post that in the show notes. If 794 00:40:21,320 --> 00:40:23,120 Speaker 1: you want to go back and get your fix of 795 00:40:23,200 --> 00:40:26,680 Speaker 1: Lynette the Money Coach, ask the Money coach. That's her website. 796 00:40:26,680 --> 00:40:30,359 Speaker 1: I think yes, she's awesome. All right, well that is 797 00:40:30,400 --> 00:40:34,960 Speaker 1: the show. Can't wait to see y'all next week. Get 798 00:40:34,960 --> 00:40:36,640 Speaker 1: some rest, go plan some seeds or something.