WEBVTT - Ep. 186 — When It's OK to Make the "Wrong" Financial Choices 0:00:16.280 --> 0:00:23.440 Hey, hey, hey we're back. We're brown, We're black. 0:00:24.360 --> 0:00:27.680 Hey Mandy, Hey, what's up? Happy Brown ambition Wednesday? 0:00:28.240 --> 0:00:29.360 Yeah? Super? Gee? 0:00:30.520 --> 0:00:32.760 Have you been geeked about what? 0:00:33.880 --> 0:00:37.479 I don't know. No, Like, I just have some exciting 0:00:37.560 --> 0:00:40.720 like of projects. Well really, my children's book. The illustrations 0:00:40.760 --> 0:00:44.720 are completely done and I'm Molly Moore. I'm just super 0:00:44.800 --> 0:00:47.560 excited because it's gonna come out Q one, so the 0:00:47.640 --> 0:00:51.680 first three months of twenty twenty. So I'm just I'm 0:00:51.720 --> 0:00:54.120 like excited, get nervous. I haven't like shared any of 0:00:54.120 --> 0:00:56.320 the new pictures or anything, just because you know, it's like, 0:00:56.320 --> 0:00:57.279 my baby. 0:00:57.600 --> 0:00:58.840 I thought you were going to say you got a 0:00:58.840 --> 0:00:59.960 Popeyees chicken sandwich. 0:01:00.400 --> 0:01:02.279 Oh no, you know they sung out. 0:01:02.720 --> 0:01:05.319 Yeah, That's why I was. It's like the new crow nut. Somehow. 0:01:06.240 --> 0:01:08.080 I'm like, that's so crazy. 0:01:07.880 --> 0:01:10.679 Which is we were at we were at my husband's 0:01:10.680 --> 0:01:13.960 cousin's place and they just randomly decided to order Popeyes 0:01:14.000 --> 0:01:16.080 through door Dash and I just was cracking up that 0:01:16.120 --> 0:01:20.160 Popeyes even delivers through door dash. And then the news 0:01:20.280 --> 0:01:21.800 I didn't know they were doing a sandwich, and then 0:01:21.800 --> 0:01:23.640 it's like all anybody wants to talk about this week 0:01:23.720 --> 0:01:24.920 is their damn chicken sandwich. 0:01:25.520 --> 0:01:27.520 Yeah, honestly, someone was like, girl, it's the same thing 0:01:27.520 --> 0:01:29.920 as their whatever sandwichich is ficy mayo. But you know, 0:01:30.000 --> 0:01:32.880 it's just they tipped. It's like if you ever read 0:01:33.000 --> 0:01:35.880 Knockolm Gladwell, it's the tipping point where you know, at 0:01:35.880 --> 0:01:39.480 some point when an idea really catches fire, there's like 0:01:39.520 --> 0:01:42.320 a tipping point when it just you know, goes over 0:01:42.400 --> 0:01:45.320 from just like every day people knowing it to everyone 0:01:45.400 --> 0:01:47.360 knowing it. And so it's like on fleek when your 0:01:47.400 --> 0:01:49.360 when your grandma starts saying on fleak, you know that. 0:01:50.720 --> 0:01:54.480 Apparently the world needed another chicken sandwich option, I guess. 0:01:54.520 --> 0:01:57.120 So I know popeye'es is like whoa whoever came up 0:01:57.160 --> 0:02:00.360 with the marketing is getting a raise. Okay, I mean. 0:02:00.240 --> 0:02:04.040 Gail King was instagramming live from Popeyes that they had 0:02:04.080 --> 0:02:06.320 the sign on the door saying they're out of sandwiches, 0:02:06.320 --> 0:02:08.520 which is good marketing because now it's like the black 0:02:08.560 --> 0:02:14.920 market of chicken sandwiches. You guys, please don't buy you know, questionable. Yeah, 0:02:15.080 --> 0:02:17.560 Popey's chicken sand You don't know if it's a real deal, Like, 0:02:17.639 --> 0:02:19.079 come on, be safe out there. 0:02:19.400 --> 0:02:21.320 Somebody made it there because I did see someone had 0:02:21.320 --> 0:02:23.280 it online for seventy five dollars. I was like, I 0:02:23.280 --> 0:02:24.400 can't can't wait for. 0:02:24.400 --> 0:02:25.560 Real, I thought you were just making that. 0:02:25.600 --> 0:02:27.200 I mean no, no, no, I did see like but 0:02:27.240 --> 0:02:28.640 I'm like, I don't know if they were really selling it, 0:02:28.680 --> 0:02:30.040 if it was like a fake ad. But I saw 0:02:30.160 --> 0:02:32.600 like this, like someone posted like is this ad reel 0:02:32.760 --> 0:02:37.120 seventy five dollars? That's crazy? Oh lord, this is so. 0:02:37.200 --> 0:02:39.600 I was on Facebook the other day and I saw 0:02:39.639 --> 0:02:44.000 an interesting post by our friend friend of the show. Well, 0:02:44.040 --> 0:02:45.320 you know Jason Vitug. 0:02:45.080 --> 0:02:48.079 Right of course, so con World. 0:02:48.560 --> 0:02:51.600 Yeah, so Jason super dope. He he too is a 0:02:51.680 --> 0:02:57.120 financial educator, and he posted something really interesting about the 0:02:57.120 --> 0:02:58.840 Fire Movement and I just wanted to see, like your 0:02:58.880 --> 0:03:03.200 feedback on what you thought. And he he said he 0:03:03.280 --> 0:03:05.840 had an interesting and perplexing conversation with someone in the 0:03:05.840 --> 0:03:12.400 Fire movement and he been ridiculed over and well this 0:03:12.440 --> 0:03:15.200 is basically what he said. He said, the Fire movement. 0:03:15.320 --> 0:03:18.160 He finds it interesting that folks, and a lot of folks, 0:03:18.200 --> 0:03:20.840 not everyone, A lot of folks in the Fire Movement 0:03:22.120 --> 0:03:25.440 kind of, for lack of a better word, mock folks 0:03:25.440 --> 0:03:30.560 who spend their money on consumer goods. But then one 0:03:30.560 --> 0:03:33.120 of the ways that the fire movement supports themselves is 0:03:33.160 --> 0:03:36.320 by investing in the stock market that is supported by 0:03:36.400 --> 0:03:41.440 those who buy consumer goods. So you know, if like 0:03:41.560 --> 0:03:43.280 let's just say, like, you know, you think that people 0:03:43.320 --> 0:03:45.560 are dumb because they buy the iPhone, but then you 0:03:45.640 --> 0:03:50.160 buy Apple stock. If that person doesn't buy the iPhone, 0:03:50.720 --> 0:03:54.320 you can't you know, your stock would not be worth anything. 0:03:54.560 --> 0:03:57.320 So like where does that hypocrisy kind of like stop 0:03:57.320 --> 0:03:57.600 and end? 0:03:57.800 --> 0:04:00.640 And you know what I mean, like, yeah, they're benefiting 0:04:00.680 --> 0:04:04.520 from consumerism because they need they need companies to do 0:04:04.600 --> 0:04:07.720 well exactly, so they Yeah, I totally get it. So 0:04:07.760 --> 0:04:09.480 he got he got hell for that. 0:04:10.120 --> 0:04:11.920 Yeah, which he was like, you know, he and he 0:04:12.040 --> 0:04:13.960 this is what he was saying, which I totally agree 0:04:14.120 --> 0:04:16.800 he's saying, like I'm not saying, don't benefit. But it 0:04:16.839 --> 0:04:19.960 seems a little hip, you know, like it's a little 0:04:20.200 --> 0:04:22.520 there's a lot of hypocrisy going on when you're like 0:04:22.920 --> 0:04:25.120 look at you, you full you bought Apple. You know, 0:04:25.160 --> 0:04:27.360 you bought an iPhone. Oh thank you for buying the iPhone, 0:04:27.360 --> 0:04:29.240 because with the iPhone, I could not be my family 0:04:29.440 --> 0:04:31.400 this week. I mean you know what I mean, like, 0:04:31.839 --> 0:04:34.360 and so people were in someone said, yeah, that's exactly 0:04:34.360 --> 0:04:36.479 how it is, and he's like, well, don't you just 0:04:36.520 --> 0:04:41.280 think that that's wrong? And it was so weird. I mean, yeah, 0:04:41.320 --> 0:04:44.000 I just I thought that was really fair, and he 0:04:44.120 --> 0:04:46.080 was just like, you know, I just thought it was 0:04:46.640 --> 0:04:50.040 crazy how people were really coming at him to say, yes, 0:04:50.560 --> 0:04:53.839 I judge those people, and yes I benefit off benefit 0:04:53.880 --> 0:04:56.520 off of their choices, and I just I don't know. 0:04:56.600 --> 0:05:00.240 It's I think it's one of the reasons why I've 0:05:00.240 --> 0:05:03.159 seen kind of like this pushback from the Fire movement, 0:05:03.240 --> 0:05:04.760 which you know, maybe we should explain what the Fire 0:05:04.760 --> 0:05:06.200 movement is. Have we ever talked about it? I think 0:05:06.200 --> 0:05:06.400 we have. 0:05:06.680 --> 0:05:09.360 Oh, I'm sure if you're if you're a regular listener 0:05:09.400 --> 0:05:11.719 of the show, we've brought up Fire movement and I've 0:05:12.160 --> 0:05:15.279 shared my thoughts on Yeah, we've talked to So it's fires, 0:05:15.360 --> 0:05:18.960 its financial independence, retire early. It is what the acronym 0:05:19.040 --> 0:05:22.359 stands for, and it's this movement where people save and 0:05:22.440 --> 0:05:25.000 work really aggressively in their early years so that they 0:05:25.000 --> 0:05:30.560 can retire early. And they the issue comes up because 0:05:30.560 --> 0:05:33.400 a lot of these people who retire early create blogs 0:05:33.440 --> 0:05:36.320 or businesses where they teach people how to retire early, 0:05:36.440 --> 0:05:39.040 and that's kind of how they are able to retire early, 0:05:39.839 --> 0:05:41.839 or they had a big job before in a massive 0:05:41.920 --> 0:05:45.240 savings or they were well invested. You know. It's so 0:05:45.400 --> 0:05:47.840 for me, it's always been about if you're gonna, if 0:05:47.839 --> 0:05:50.880 you're gonna, you know, market yourself as someone who's cracked 0:05:50.880 --> 0:05:53.440 the code. And I retire at thirty five or forty five, 0:05:53.520 --> 0:05:55.680 and they really crack the code, then really crack it 0:05:55.800 --> 0:05:58.680 or tell us exactly what you mean by you retire early? 0:05:58.760 --> 0:06:00.280 What does that mean? Are you like living on a 0:06:00.360 --> 0:06:03.599 yacht or are you selling courses on how to retire early? 0:06:03.680 --> 0:06:05.719 And they're you know, because you did it. But in 0:06:05.800 --> 0:06:08.000 order to keep retiring early, you need to make money 0:06:08.040 --> 0:06:10.120 off these courses you're selling to people who want to 0:06:10.120 --> 0:06:14.160 retire early. You know. So and on top of that, 0:06:14.160 --> 0:06:16.040 there's there was a New York Times article about how 0:06:16.080 --> 0:06:20.640 it's very much white male kind of voices in this 0:06:20.680 --> 0:06:23.640 community and how we went of color or stepping up 0:06:23.680 --> 0:06:26.039 and speaking out more about the movement and you know, 0:06:26.200 --> 0:06:26.839 all that jazz. 0:06:27.279 --> 0:06:28.720 Yeah, So I just thought that was really interesting, and 0:06:28.760 --> 0:06:30.400 I just thought it was like it was dope of 0:06:30.440 --> 0:06:32.560 Jason to kind of bring that up to be like, look, hey, 0:06:32.600 --> 0:06:35.680 I'm not saying there's anything wrong with fire, but maybe 0:06:35.800 --> 0:06:38.120 you should take a look at you know, what are 0:06:38.160 --> 0:06:40.720 you really saying, Because the truth of the matter is 0:06:40.760 --> 0:06:44.840 if everyone follows your stringent advice there there would be 0:06:44.920 --> 0:06:45.840 no movement for you. 0:06:47.120 --> 0:06:49.120 Yeah. Yeah, so fair assessment. 0:06:49.960 --> 0:06:51.640 I thought that was interesting. I was key keying over 0:06:51.640 --> 0:06:54.080 the comments. I said, ooh, they're dragging Jason, but maybe 0:06:54.080 --> 0:06:56.600 he chopping my popcor. I was messaging him cause I 0:06:56.600 --> 0:06:57.880 was like, you know what, I don't want to get 0:06:57.880 --> 0:07:00.880 into the frame. I feel like I pull more and 0:07:00.920 --> 0:07:06.960 more away from the financial community somewhat because there is 0:07:07.040 --> 0:07:09.360 sometimes there is a lot of judgment that I'm like, oh, 0:07:09.440 --> 0:07:10.880 I'm not here for that. I mean, there's definitely some 0:07:10.960 --> 0:07:14.680 dope pockets that I engage in, but overall sometimes I'm 0:07:14.720 --> 0:07:17.520 just like, oh my gosh, like okay, Like I feel 0:07:17.520 --> 0:07:21.680 like people are bashing the go ahead and get the latte, 0:07:21.840 --> 0:07:23.960 or they're like, don't get the latte, or it's just 0:07:24.120 --> 0:07:25.640 I don't know. It just seems like a lot of 0:07:25.680 --> 0:07:29.960 tug of war and pulling over over nothing, you know, 0:07:30.160 --> 0:07:32.800 Like I just I just don't like the direction that 0:07:32.840 --> 0:07:34.560 some of it has gone into. That almost like in 0:07:34.640 --> 0:07:36.600 order to rise up, you have to bash someone else's 0:07:36.600 --> 0:07:37.480 way of doing it, you know. 0:07:38.360 --> 0:07:42.200 Yeah, there's so much competition to be a financial educator 0:07:42.560 --> 0:07:45.280 and make money from that career path right now that 0:07:45.360 --> 0:07:48.480 I honestly think it's just people who get our being 0:07:48.520 --> 0:07:53.240 defensive and like territorial because they are worried about their 0:07:53.280 --> 0:07:56.560 own livelihood, like this path that they've chosen to educate people, 0:07:56.600 --> 0:07:58.760 and they think sometimes the way you need to do 0:07:58.840 --> 0:08:01.680 it is to like keep up errors or like keep 0:08:01.760 --> 0:08:05.800 up this image of that they've created for themselves or whatever. 0:08:05.880 --> 0:08:11.640 And honestly, like, you don't need to to educate people 0:08:11.680 --> 0:08:14.960 about their finances. You don't need to be a perfect example. Now, 0:08:15.200 --> 0:08:17.840 like have you ever had a doctor who is like overweight, 0:08:18.040 --> 0:08:20.360 or like look you know what I mean. 0:08:20.600 --> 0:08:22.520 The hairdresser whose hair is a little bit crazy. 0:08:22.560 --> 0:08:24.200 Look it's crazy. Yeah. 0:08:24.720 --> 0:08:26.520 When I first first first started, I remember I didn't 0:08:26.560 --> 0:08:28.920 want to share that I had a foreclosure and I 0:08:28.960 --> 0:08:30.640 was like, girl, someone's going to do a google and 0:08:30.680 --> 0:08:34.240 be like, ah, you budget these the foreclosed in you know. 0:08:34.840 --> 0:08:37.720 So I remember the first time I shared it and 0:08:37.800 --> 0:08:39.679 someone was like, oh, my god, thank you so much girl, 0:08:39.880 --> 0:08:41.719 because I'm like, well, dang, if you could bounce back 0:08:41.720 --> 0:08:44.280 from that, then so can I. And then that's when 0:08:44.320 --> 0:08:47.560 I realized, like, wow, the more I shared honestly what 0:08:47.600 --> 0:08:49.280 was happening and how I make mistakes and how I 0:08:49.280 --> 0:08:52.400 still make mistakes, that I don't consider myself any financial guru. 0:08:52.720 --> 0:08:54.680 I'm just someone who's like, when I learned something, I'm 0:08:54.720 --> 0:08:56.640 going to share it and I'm going to be open 0:08:56.720 --> 0:08:59.280 about my experience about it. That's it, you know, like 0:08:59.280 --> 0:09:01.120 I A would say, like I, I'm your financial girlfriend, 0:09:01.160 --> 0:09:04.880 not your financial guru. Then then that I felt like 0:09:04.920 --> 0:09:07.280 that's when the you know, the floodgates kind of opened 0:09:07.320 --> 0:09:09.760 for me. But yeah, I just I agree that. I 0:09:09.760 --> 0:09:13.319 don't know. It's just I'm not going to fincom this year. 0:09:13.320 --> 0:09:14.640 No shout, no shade to Fincon. 0:09:15.840 --> 0:09:18.920 Sometimes she turned her back on them. That's why we 0:09:18.960 --> 0:09:21.240 never get nominated for a damn what's that work? What's 0:09:21.240 --> 0:09:24.200 the pluta? So they never nominated. They know we're one 0:09:24.240 --> 0:09:26.400 of the best podcasts out there. I'm just gonna say it, 0:09:26.440 --> 0:09:29.160 we never get nominated because I'm. 0:09:29.040 --> 0:09:30.600 Not mand for two plutacent worlds this year. 0:09:30.720 --> 0:09:32.840 Oh lovely for you, Yeah, they love the budget Mesta. 0:09:33.440 --> 0:09:36.199 But yeah, but were we not? We were nominated one time. 0:09:36.200 --> 0:09:37.800 Weren't we for podcasts? 0:09:38.360 --> 0:09:41.360 I don't remember, we want but we were nominated. 0:09:41.440 --> 0:09:44.760 I feel like perhaps, But yeah, sometimes it's just like 0:09:44.800 --> 0:09:46.480 I said, sometimes the energy just can be like, oh 0:09:46.520 --> 0:09:48.160 my goodness, I thought we were just here to help 0:09:48.200 --> 0:09:50.920 and serve and you know, but yeah, so that was 0:09:50.960 --> 0:09:52.280 just like my two cents. I just thought that was 0:09:52.320 --> 0:09:56.119 interesting and like, how you know, just a little hypocrisy 0:09:56.160 --> 0:09:59.880 in our industry that I don't know. I just feel 0:09:59.920 --> 0:10:03.760 like I really don't believe in extremes, you know that. 0:10:03.840 --> 0:10:06.640 I feel like most people dwell somewhere in the balance, 0:10:06.679 --> 0:10:08.199 and that's where I try to reach people that I'm 0:10:08.200 --> 0:10:10.720 not here to be like you are terrible, or like 0:10:10.760 --> 0:10:13.920 there's only one strict way to live life. I just 0:10:13.960 --> 0:10:15.640 don't think that that because the truth of the matter 0:10:15.679 --> 0:10:19.280 is if everybody only ate vegetables, you know that we 0:10:19.320 --> 0:10:22.960 would be overrun by animals, if anybody everybody only ate animals, 0:10:23.040 --> 0:10:25.760 and we would be overrun by something else. Like there's 0:10:25.840 --> 0:10:28.839 diversity for a reason, Like it's one of the ways 0:10:28.880 --> 0:10:31.640 we're able to sustain life that everyone doesn't all do 0:10:31.720 --> 0:10:33.960 the same thing, so that should never be the goals. 0:10:34.040 --> 0:10:34.720 That's what I think. 0:10:35.000 --> 0:10:37.400 It's that core thing you learn in preschool. We're all different, 0:10:37.480 --> 0:10:41.120 we all have our own unique, whatever way of doing things. 0:10:41.280 --> 0:10:44.480 I don't know, people are crazy, but that's that reminds 0:10:44.520 --> 0:10:46.000 me of a good question we're going to answer later 0:10:46.040 --> 0:10:49.160 from someone who basically is getting like worn down by 0:10:49.200 --> 0:10:52.560 all the advice, the save and the payoff debt and 0:10:52.640 --> 0:10:55.200 wonders when where's the where's the advice and how to 0:10:55.200 --> 0:10:57.440 work fun into the equation. So we'll get to that question. 0:10:57.960 --> 0:10:59.520 Let me answer questions later in the show. 0:11:00.760 --> 0:11:03.000 Something else I saw, interestingly enough, I was like, I'm 0:11:03.080 --> 0:11:08.120 not a big New York Times reader, but call I know, 0:11:08.600 --> 0:11:13.000 called what American CEOs are worried about? So speaking of like, 0:11:13.040 --> 0:11:14.559 you know, white men in business, because I think we 0:11:14.600 --> 0:11:17.560 talked about that, like the fire movement. So nearly two 0:11:17.679 --> 0:11:23.199 hundred executives meet annually and it's called the Business Roundtable. 0:11:24.120 --> 0:11:29.120 And Jamie Diamond of JP Morgan and Chase, they're like, 0:11:29.160 --> 0:11:31.560 you know these made you think of like Apple, PEPSI, Walmart. 0:11:31.880 --> 0:11:35.600 All these executives meet annually to talk about, like, you know, 0:11:35.720 --> 0:11:38.640 what what can we do to continue to dominate the world. 0:11:39.520 --> 0:11:42.960 And so interestingly the talking business now, which I think 0:11:43.040 --> 0:11:44.680 is so crazy because I feel like small businesses have 0:11:44.720 --> 0:11:49.360 already been on this that before the Business Roundtable, their 0:11:49.400 --> 0:11:52.200 stance were was that basically that they were here to 0:11:52.360 --> 0:11:56.599 cater almost exclusively to the shareholder. So we want the 0:11:56.640 --> 0:12:01.320 shareholder to make money. And now they're saying that, you 0:12:01.400 --> 0:12:04.880 know what, there are other folks that we should be 0:12:05.520 --> 0:12:08.840 concerned about as well, and so that's to protect the environment, 0:12:09.120 --> 0:12:14.000 to deliver value to customers, to invest in employees. I'm like, well, 0:12:14.600 --> 0:12:16.480 clearly they're only doing this because at the bottom line, 0:12:16.480 --> 0:12:18.439 at the bottom line, like all of these companies really 0:12:18.480 --> 0:12:21.840 care about the bottom line. But apparently this is what 0:12:21.920 --> 0:12:25.400 I love, what I call like the millennials shift that 0:12:26.000 --> 0:12:30.360 because millennials are such a huge dominant force and you 0:12:30.400 --> 0:12:35.240 guys care about more than just money, and because you 0:12:35.320 --> 0:12:38.079 care about more than just money, you are shifting industries 0:12:38.120 --> 0:12:41.000 with your choices that you are forcing these big, huge 0:12:41.040 --> 0:12:43.640 companies like this to say things like this like we 0:12:43.679 --> 0:12:46.000 want to invest in employees and protect the environment and 0:12:46.120 --> 0:12:48.760 value our customers. They never said things like this before, 0:12:49.040 --> 0:12:50.800 and so I just thought that was really interesting that 0:12:50.800 --> 0:12:53.400 that was something that they're taking this big stance on. 0:12:53.480 --> 0:12:55.840 We'll see how it actually plays out in these companies. 0:12:55.880 --> 0:12:58.400 But the fact that that was even a stated issue 0:12:58.440 --> 0:13:00.520 and something that they discussed at the business round table, 0:13:00.559 --> 0:13:03.040 I thought that that was there. It's a it's a basically, 0:13:03.040 --> 0:13:05.360 it's a lobbying group. I thought that that was interesting 0:13:05.520 --> 0:13:07.880 and very telling about the times we live in. 0:13:08.360 --> 0:13:11.640 Yeah. I saw that headline how public companies are focusing 0:13:11.640 --> 0:13:14.960 on the customer and shareholders aren't as important anymore. Yeah, 0:13:15.000 --> 0:13:19.640 I mean it's kind of like, duh, create great products 0:13:19.640 --> 0:13:23.000 that serve your customers and and you know that's that's 0:13:23.080 --> 0:13:26.280 one way to have good business. And a lot of times, 0:13:26.280 --> 0:13:28.160 like if you're if you're an employee like I am, 0:13:28.200 --> 0:13:30.479 of a publicly traded company, you may be a shareholder 0:13:30.520 --> 0:13:34.559 and also an employee and a customer, so you you 0:13:34.640 --> 0:13:38.400 and you're helping if you're working for a publicly traded company, 0:13:38.880 --> 0:13:41.320 and especially for me, like I want to feel like 0:13:41.800 --> 0:13:43.400 my company is putting out a product that I can 0:13:43.440 --> 0:13:46.040 be proud of. And even the way that millennials choose 0:13:46.200 --> 0:13:48.800 jobs I think is changing, Like there needs to be 0:13:49.320 --> 0:13:52.160 like even though I'm working for a corporation. It's still 0:13:52.160 --> 0:13:55.120 a service driven industry, like we serve people, we help 0:13:55.200 --> 0:13:57.880 them compare you know, financial products in a way that's 0:13:57.960 --> 0:14:00.280 very simple and easy to do. And I can I 0:14:00.280 --> 0:14:03.080 can feel I don't know, I feel like I'm still 0:14:03.080 --> 0:14:06.439 in that service ye industry and that that's an element 0:14:06.520 --> 0:14:10.560 that's important to me. We actually did a survey with 0:14:10.600 --> 0:14:13.959 our with across the whole company, like an engagement survey 0:14:14.080 --> 0:14:19.000 or whatnot, recently, and one of the questions is how 0:14:19.360 --> 0:14:23.840 involved the company is in philanthropic uh efforts, you know, 0:14:24.000 --> 0:14:26.120 do they and do they feel genuine like do you 0:14:26.160 --> 0:14:29.880 feel like we genuinely care about these efforts? And it 0:14:30.000 --> 0:14:31.920 was interesting to see the results and how they and 0:14:31.920 --> 0:14:34.320 then how they varied by age. And Yeah, I think 0:14:34.320 --> 0:14:37.520 that they'd be stupid not to for in terms of 0:14:37.560 --> 0:14:40.760 recruiting and also just like retaining their customer base, not 0:14:40.840 --> 0:14:44.520 to to to focus on those types of efforts to 0:14:44.520 --> 0:14:46.760 to keep their businesses alive. Yeah. 0:14:46.760 --> 0:14:48.840 I thought that was really interesting that like, wow, that 0:14:48.880 --> 0:14:50.680 I'm like, you guys must be really affecting that bottom 0:14:50.680 --> 0:14:53.120 line because I don't know, these big companies to shift 0:14:53.200 --> 0:14:56.520 or move because they feeling formally buzzy exactly for real, 0:14:56.520 --> 0:14:58.800 because you know that for millennias, you know, they're always like, 0:14:58.960 --> 0:15:00.920 you know, you guys don't buy pet food or no, 0:15:00.960 --> 0:15:02.960 that's not true, you do buy that. You guys broke 0:15:03.000 --> 0:15:06.200 the knokin industry. You guys don't buy pantios or whatever. 0:15:06.480 --> 0:15:09.760 That's true, right, But. 0:15:09.720 --> 0:15:12.120 So many industries are so many things. Millennials are entitled. 0:15:12.160 --> 0:15:16.520 Millennials aren't lazy Blineal's millennials millennials. But but look, I 0:15:16.560 --> 0:15:18.320 think that that I mean, to me, this is, this 0:15:18.400 --> 0:15:21.600 is tremendous progress that because you guys are like, there's something, 0:15:21.600 --> 0:15:24.440 there's bigger, bigger things that we should be focused on. 0:15:24.640 --> 0:15:28.400 Let's look holistically at this world and at life. And look, 0:15:28.440 --> 0:15:31.880 you are forcing the hand of these huge conglomerates who really, 0:15:31.920 --> 0:15:35.359 quite honestly, I know, could care less. But because millennials 0:15:35.360 --> 0:15:38.240 are not just talking about it that you are putting 0:15:38.280 --> 0:15:40.880 literally your money where your mouth ish. You're forcing the 0:15:40.960 --> 0:15:44.000 hand of these businesses that otherwise would continue on as 0:15:44.040 --> 0:15:46.400 they've always continued on. So that is a big win 0:15:46.480 --> 0:15:49.400 wroot for millennials. See, Mandy, y'all be doing good things. 0:15:49.840 --> 0:15:51.400 I mean, I feel like all I can say is 0:15:51.440 --> 0:15:52.000 you're welcome. 0:15:53.720 --> 0:15:55.400 You speak for all the millennials. 0:15:55.920 --> 0:15:59.040 You're welcome America. We are making the world a better place. 0:15:59.080 --> 0:16:00.760 Could we just vote though? Oh, can we get to 0:16:00.800 --> 0:16:04.160 the polls, lin, We'll really see, We'll really see. 0:16:04.480 --> 0:16:07.000 Well, one thing, one thing at a time, Millennials. 0:16:06.600 --> 0:16:09.160 One thing at a time. Oh, in true millennial fashion, 0:16:09.200 --> 0:16:10.920 I sat my butt on the couch last night and 0:16:11.000 --> 0:16:17.240 watched the VMAs on MTV when they aired. You know, 0:16:17.400 --> 0:16:20.600 I felt I was like, I watched commercials even I 0:16:20.640 --> 0:16:21.400 was really tired. 0:16:21.520 --> 0:16:21.960 I was. 0:16:22.000 --> 0:16:24.360 I was just so tired. I just I watched like 0:16:24.400 --> 0:16:27.280 maybe an hour of it. Good you know, good, good entertainment. 0:16:27.320 --> 0:16:30.560 I almost knew most of the musical acts. Love Me 0:16:30.680 --> 0:16:33.960 some Lizzo, Love Me some Lizzo. Have love Lizzo for 0:16:34.000 --> 0:16:36.200 so long. I'm so happy for her. Oh my god. 0:16:36.400 --> 0:16:38.920 Yeah, she's just so dope. And honestly, I was really 0:16:38.960 --> 0:16:40.320 gek because you know they you know, they did the 0:16:40.840 --> 0:16:44.800 they shot it in Newark. Yes, Yes, the time was 0:16:44.840 --> 0:16:47.680 a buzz and I love that they really honored New 0:16:47.760 --> 0:16:51.600 Jersey all throughout the VMAs. They had Queen Latifa, who's 0:16:51.600 --> 0:16:52.080 from Newark. 0:16:52.200 --> 0:16:54.360 They cut in to her to every performance. It was like, 0:16:54.360 --> 0:16:59.320 what's Queeney's face. She loved Taylor Swift, which oh Missy Elliot. 0:17:00.400 --> 0:17:02.760 And they also had like Naughty by Nature close out, 0:17:02.800 --> 0:17:04.359 which is like I remember when I was like in 0:17:04.480 --> 0:17:07.600 high school, Naughty by Nature like you know, hip hop paray. Oh, 0:17:07.680 --> 0:17:11.439 they actually had a store downtown Newark. Uh. So it 0:17:11.520 --> 0:17:14.639 was just like such a great you know, just I 0:17:14.680 --> 0:17:16.679 just everybody knew were super excited. They were like pre 0:17:16.760 --> 0:17:19.879 parties and post parties and and so the night before 0:17:19.920 --> 0:17:21.320 I went by to see the red carpet. It was 0:17:21.359 --> 0:17:23.840 just so crazy to see the full build out right 0:17:23.880 --> 0:17:26.560 there downtown Newark. I was like, look at Newark. And then, 0:17:26.600 --> 0:17:28.479 because you know what's so crazy is the day before 0:17:28.960 --> 0:17:31.800 they had the Black Girls Rock taping. So I'm like, yo, 0:17:31.920 --> 0:17:35.199 Newark is really getting cute. So Black Girls Rock on 0:17:35.280 --> 0:17:38.240 Sunday and then in VMA's on Monday. So it was 0:17:38.240 --> 0:17:39.720 just a great weekend for Newark. 0:17:39.960 --> 0:17:41.960 I mean, you can't forget the Jonas brothers. Come on, 0:17:42.720 --> 0:17:47.000 is that from Jersey? You can't forget them. Though it 0:17:47.040 --> 0:17:50.000 wasn't my favorite performance, I knew I should have turned 0:17:50.000 --> 0:17:52.200 it off though I didn't see Naughty by Nature, Yeah, 0:17:52.240 --> 0:17:54.960 they were not I should it should have kept it going. 0:17:55.040 --> 0:17:56.760 I was just like, Wow, I'm really just sitting here 0:17:56.800 --> 0:17:59.760 and like watching commercials and you know, it's cool. It's cool, 0:17:59.800 --> 0:18:00.240 it's cool. 0:18:33.000 --> 0:18:35.320 Are we ready for questions? 0:18:37.600 --> 0:18:39.600 Let's do it. You guys know how to reach us 0:18:39.600 --> 0:18:42.800 if you have any questions career financial. You know, we're 0:18:42.800 --> 0:18:46.280 not go to investment advisors or financial experts quote unquote, 0:18:46.520 --> 0:18:48.359 but we will give you the realist answers we can 0:18:48.359 --> 0:18:51.440 possibly manage based on our joint experience in this world. 0:18:52.280 --> 0:18:55.840 Exactly. We're not financials. We're your financial girlfriends. 0:18:56.359 --> 0:18:59.760 I like that. I'm going to steal that. So to 0:19:00.080 --> 0:19:01.840 contact us, how do you do it? You can hit 0:19:01.920 --> 0:19:04.879 us up on Instagram at Brandabission Podcast. Just shoot us 0:19:04.920 --> 0:19:08.359 a message. Be patient because our inbox has been, you know, 0:19:08.359 --> 0:19:10.320 getting beefy. Some people have been coming for me and 0:19:10.359 --> 0:19:13.840 my personal dms. You guys, that's my off time. I 0:19:13.840 --> 0:19:17.120 don't work at Mandy money is not a work account. 0:19:17.280 --> 0:19:21.080 I'm not taking questions there. Continue hitting us up directly 0:19:21.119 --> 0:19:24.440 at Brandabision Podcast. It also helps me keep organized, Thank 0:19:24.480 --> 0:19:27.920 you very much, or you can email us at Brandabission 0:19:27.960 --> 0:19:33.280 Podcast at gmail dot com. Yes, ma'am, let's take a 0:19:33.320 --> 0:19:36.120 question from a Mama Bear. Mama Bear who goes by 0:19:36.119 --> 0:19:39.639 the name of Amanda, who has an interesting question I 0:19:39.680 --> 0:19:42.720 mentioned earlier on the show about balancing what she feels 0:19:42.720 --> 0:19:44.199 like she should be doing with what she wants to 0:19:44.200 --> 0:19:48.040 do with her finances. Here's amatus question. I'm a mother 0:19:48.119 --> 0:19:50.680 of two nine and three years old. I make good 0:19:50.680 --> 0:19:52.760 money as a designer, and I live in a two 0:19:52.840 --> 0:19:55.720 income household earnie just over two hundred and fifty thousand 0:19:55.760 --> 0:19:59.280 dollars collectively. I've been very focused on paying off student 0:19:59.359 --> 0:20:03.960 loans about fifty thousand dollars left, and saving for retirement, 0:20:04.200 --> 0:20:06.959 maybe paying down our home our mortgage is about two 0:20:07.040 --> 0:20:10.119 hundred and ninety five thousand dollars left on it, and 0:20:10.240 --> 0:20:12.919 thinking about helping my kids for college or even paying 0:20:12.920 --> 0:20:16.200