Where we keep it real and honest!
Good Investments vs Bad Investments ft Duan & Q - Episode 80
Good Investments vs Bad Investments ft Duan & Q - Episode 80
How do you really know when an investment is good or bad? It's hard to tell sometimes. There are many angles that this conversation can go.…
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March 15, 2024

Good Investments vs Bad Investments ft Duan & Q - Episode 80

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Not Just Music Podcast

How do you really know when an investment is good or bad? It's hard to tell sometimes. There are many angles that this conversation can go. What are some investments that you have made along the years that may have been good or bad? Tap in below. Let's go!

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Transcript

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Yo Q what up?

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Man I'm keeping it real what up the what?

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Welcome

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to not

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just music

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where we keep it real

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and honest

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and honest always

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Everybody everyone's not

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just music podcast

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yo boy Dwarne Burrito, Quincy Murdoch in the building

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yeah

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how's everything this Thursday

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man it's tax season

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people got them taxes back

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what's up what's happening right

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black people, white people

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everybody

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everybody in the world

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of not just music podcast or in the

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world period how y'all spending that

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tax money hopefully

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y'all are doing well

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hopefully and if you do have tax money

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hopefully you're well with your tax money and if you don't

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have any tax money a lot of people

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don't have tax money but again

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a lot of them are grinding out pretty much the whole

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year business owners

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y'all see taxes told taxis

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totally different y'all don't look at

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taxis the same way

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but again it's not

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a thing saying that

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it's not an enjoyment time

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to get money and

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have the ability to go spend it

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especially those that are

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getting money hopefully you spend it wisely

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if you can again

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if you can't spend it wisely you can't

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you can't spend it wisely I understand

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cause a lot of us wait till this time of the year to spend

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the money or to get the money

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and to spend the money just to

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spend it in like a 24 hour process

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some of y'all do it

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I've seen it

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I've literally seen a whole

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tax check go in less than

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an hour

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and that's sad

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less than an hour

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I don't want to say it's sad

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cause I don't want to say it's sad

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it depends on what you

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but I'm saying

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it hurt my heart though

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I don't want to talk about it cause taxis make sense of them

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oh well I be like

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that's like talking about the community

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you can do what you want to with your money

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I'm not saying what to do but again

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like boy y'all

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spend that thing

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didn't even get to see it

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didn't even get to smell it

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just gone

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ain't pay no old debt

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no credit card

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and if that's no business

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and this is what I noticed too

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one of the biggest things that I see people doing

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during taxis is cars

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a car is a very very very

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very very important thing for a lot of people

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but

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if you're going to go buy a car

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look y'all

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go get you something that is decent

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don't just go pick

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a car

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that's on any lot you see

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that fits your perimeter of your check

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this sound like some blackish talk

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take your time

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take your time

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make sure you grabbing the car

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that's going to do good for your situation

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don't just be like

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two seat

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with rims on it

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candy paint

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don't go get a BMW with 350,000 miles on it

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don't go do it

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don't go get a Mercedes

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with 350,000 miles on it either

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be honest with you

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don't go get too many cars with 350,000 miles on it

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unless you know it's in tip top shape

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and whoever had it before you

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they was driving it every single day

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and it made sense and there ain't nothing going on with them

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that's a good buy

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but if it's just a 350,000 car that's been sitting on a lot

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and you don't know how long it's been sitting on a lot

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don't go buy that car

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that's a bad investment

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make sure you invest

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and people don't think that

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you can invest your tax money

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and especially yes first

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again like he said bills

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if you're going to do it take care of your bills

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zero out all your bills

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you know you ain't going to pay them the rest of the year

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zero out your bills

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zero out them

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and then the rest is up to you

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then go from there

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your money is your money again

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but I'm not going to sit here and hold you to it

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which brings up a good thing

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which brings up a good thing

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and I'm going to ask this too

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poor investments

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this is one of the biggest things

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I think

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I think

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I've made poor investments

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everybody is going to make poor investments

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when you make

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your poor investment

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make sure the poor investment

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doesn't put you in a position where

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you cannot come back at all

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because I've seen some people get

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these poor investments and they cannot bounce back

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bouncing back is hard to do

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once that poor investment

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you start going down a hole with

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that poor investment

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and you're going down one time and it didn't feel

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it was three digits

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I believe it

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it was in three digits

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I done got scammed some big money

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and I was working at McDonald's

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and said learn a lesson

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lesson learned

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but the thing of it is I had invested

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enough to where I didn't have

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zero to my name

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but still it was a loss

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you want to get into

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losses where it ain't a loss loss

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but you know what I'm saying

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you can shake back from it

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but it ain't good

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but now I'm very picky on

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what I do now

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losing a dollar is a loss to me

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that's a big loss

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that's a big loss

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especially if you don't know

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how to spend a dollar

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it ain't going to go too far for you

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it ain't going to go far at all

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I think that's one of the things too

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like I said

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poor investment

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one thing I say this, this is one thing I always tell people

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if you have the ability

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to not stay in an apartment

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don't stay in an apartment

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well I've actually been scammed more than once

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yeah

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if you can, if you have the ability

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to where you

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don't have to stay in an apartment

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don't

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if you have to, you have to

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nothing wrong with staying in an apartment

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I want people to start putting

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money into something that's

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worthy of them meaning that you're paying

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on something that's going to be yours versus just

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paying on something that will never be yours

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you ain't going to

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never be able to pay that apartment off

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it's impossible to pay that apartment off

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you'll never be able to do it, I promise you

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but you can

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put yourself in a mortgage

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to where you can be able to pay it off

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like one of my close friends

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I don't like to say people's names

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but if you pay attention

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Frank Grigley, brother

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appreciate you for always being

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straight forward with me

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and letting me see what things

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should be, how things

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should go

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especially when you're investing money into something

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but one thing he did, I have to say this

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this was like genius bro

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when he first

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moved out on his own right

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he went and bought a house straight out the gate

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he didn't go get an apartment

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I've never seen somebody do that

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so he moved from Charlotte

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to Conkler, he was staying up in Conkler

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he got a wife and he had a son

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but what he did was

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he bought a house, one bedroom house

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one bedroom, one bathroom

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kitchen, blah blah blah

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I think it was like

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he got it for like

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$20,000, $23,000

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something like that

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he bought it straight out, cash

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now

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I ain't say people got $23,000

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sitting around

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but if you got $1,000

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sitting around you can do a lot

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with that $1,000 and get yourself

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into a house, if you have the right

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credentials, meaning if you have decent credit

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well if you have somebody that can sign

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or sign with you

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in most cases y'all do need

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co-signs with your apartments too so why not

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go ahead and jump on into the situation with you

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banks, banks, banks, banks people, banks will

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give you loans and credit cards

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and you got good history

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one thing you have to realize

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that as I said, bad investment

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I say apartments are bad investments

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because like I said what he did was

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he got this house

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and little did

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anybody know, he was about to

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he was just setting himself up for this even bigger

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move, you know him and

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his wife and his son

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they moved from this one bedroom house to a brand new

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house in Concord

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not far from that one

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I think it was like a 3, 4 bedroom house

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2 story brand new built from the ground up

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but you start somewhere

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and this is things that

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I feel a lot of us we tend to

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we feel we get started

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and then we

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reach that plateau with that apartment

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and we never move

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we never move

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so if it's a thing of

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you're in an apartment don't stick

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there too long because I mean like

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the apartments that we stayed in

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before we moved out into our house

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the price was going up

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every year

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every single year

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and why if the price is

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going to go up why not put that

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price into a mortgage

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something that you can have

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versus something that you'll never

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be able to put your hands

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on, I know I said a lot

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but I'm unfolding it because

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the case of

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I've seen both sides of it

282
00:09:40,000 --> 00:09:42,000
I've seen

283
00:09:42,000 --> 00:09:44,000
more people lose though

284
00:09:44,000 --> 00:09:46,000
dealing with apartments

285
00:09:46,000 --> 00:09:48,000
versus dealing with an actual

286
00:09:48,000 --> 00:09:50,000
mortgage

287
00:09:50,000 --> 00:09:52,000
so tell me bro

288
00:09:52,000 --> 00:09:54,000
like what do you

289
00:09:54,000 --> 00:09:56,000
in the

290
00:09:56,000 --> 00:09:58,000
next 10 years right

291
00:09:58,000 --> 00:10:00,000
where do you see

292
00:10:00,000 --> 00:10:02,000
yourself

293
00:10:02,000 --> 00:10:04,000
and I'm going to tell you where I see myself

294
00:10:04,000 --> 00:10:06,000
I'm already tied up into

295
00:10:06,000 --> 00:10:08,000
a situation of mortgage right

296
00:10:08,000 --> 00:10:10,000
the only thing I see

297
00:10:10,000 --> 00:10:12,000
myself doing is I may upgrade

298
00:10:12,000 --> 00:10:14,000
upgrade soon

299
00:10:14,000 --> 00:10:16,000
right

300
00:10:16,000 --> 00:10:18,000
the biggest thing though

301
00:10:18,000 --> 00:10:20,000
is

302
00:10:20,000 --> 00:10:22,000
kids

303
00:10:22,000 --> 00:10:24,000
you got to think about that

304
00:10:24,000 --> 00:10:26,000
wife, got to think about that

305
00:10:26,000 --> 00:10:28,000
or husband

306
00:10:28,000 --> 00:10:30,000
excuse me, depending on who you are

307
00:10:30,000 --> 00:10:32,000
because let me say

308
00:10:32,000 --> 00:10:34,000
this

309
00:10:34,000 --> 00:10:36,000
teamwork makes the dream work

310
00:10:36,000 --> 00:10:38,000
nothing wrong with teamwork

311
00:10:38,000 --> 00:10:40,000
making the dream work

312
00:10:40,000 --> 00:10:42,000
if you buy yourself though

313
00:10:42,000 --> 00:10:44,000
not a problem

314
00:10:44,000 --> 00:10:46,000
you can do this all on your own too

315
00:10:46,000 --> 00:10:48,000
the biggest thing for me though is still

316
00:10:48,000 --> 00:10:50,000
having a mentality of a dream

317
00:10:50,000 --> 00:10:52,000
a focus of where you're trying to go

318
00:10:52,000 --> 00:10:54,000
a lot of y'all ain't thinking about where you're trying to go

319
00:10:54,000 --> 00:10:56,000
and I think that's why a lot of y'all

320
00:10:56,000 --> 00:10:58,000
end up stuck

321
00:10:58,000 --> 00:11:00,000
in a position where y'all are at, especially when it comes to

322
00:11:00,000 --> 00:11:02,000
that bad investment

323
00:11:02,000 --> 00:11:04,000
and that bad investment ain't going to do you any good

324
00:11:04,000 --> 00:11:06,000
like I say, if you're going to keep paying on this bad investment

325
00:11:06,000 --> 00:11:08,000
guess what, it's just going to continue to be a bad investment

326
00:11:08,000 --> 00:11:10,000
so why, how do you turn this into a good investment

327
00:11:10,000 --> 00:11:12,000
come up with a plan, think about the future

328
00:11:12,000 --> 00:11:14,000
where you want to go

329
00:11:14,000 --> 00:11:16,000
if you don't ever put that

330
00:11:16,000 --> 00:11:18,000
thousand dollars aside, if you don't ever put that five thousand dollars aside

331
00:11:18,000 --> 00:11:20,000
you don't ever put that ten thousand dollars aside

332
00:11:20,000 --> 00:11:22,000
twenty thousand dollars aside

333
00:11:22,000 --> 00:11:24,000
to go put that down payment

334
00:11:24,000 --> 00:11:26,000
on that house

335
00:11:26,000 --> 00:11:28,000
or that land, you ain't going to ever do it

336
00:11:28,000 --> 00:11:30,000
but see, another thing

337
00:11:30,000 --> 00:11:32,000
I want to throw in, a lot of people like you

338
00:11:32,000 --> 00:11:34,000
need to get

339
00:11:34,000 --> 00:11:36,000
at game, like you have parents

340
00:11:36,000 --> 00:11:38,000
that tell their kids to go rent

341
00:11:38,000 --> 00:11:40,000
and that might be their first

342
00:11:40,000 --> 00:11:42,000
point, you know, wet behind the ears

343
00:11:42,000 --> 00:11:44,000
ain't never been out on their own

344
00:11:44,000 --> 00:11:46,000
nothing, so the first advice

345
00:11:46,000 --> 00:11:48,000
you get

346
00:11:48,000 --> 00:11:50,000
mainly, majority

347
00:11:50,000 --> 00:11:52,000
white parents too, but from the black

348
00:11:52,000 --> 00:11:54,000
community is, we're so

349
00:11:54,000 --> 00:11:56,000
anxious to go and get our own

350
00:11:56,000 --> 00:11:58,000
you're so anxious to put your kid out

351
00:11:58,000 --> 00:12:00,000
and just have them get their own

352
00:12:00,000 --> 00:12:02,000
that you just tell them to rent

353
00:12:02,000 --> 00:12:04,000
just settle, basically that's what

354
00:12:04,000 --> 00:12:06,000
you're saying, just settle

355
00:12:06,000 --> 00:12:08,000
house is probably out, it's impossible

356
00:12:08,000 --> 00:12:10,000
right now, don't think about a house

357
00:12:10,000 --> 00:12:12,000
think about renting

358
00:12:12,000 --> 00:12:14,000
so and then you went back and said like

359
00:12:14,000 --> 00:12:16,000
dude, your friend went

360
00:12:16,000 --> 00:12:18,000
straight off the market and got a house

361
00:12:18,000 --> 00:12:20,000
instead of renting

362
00:12:20,000 --> 00:12:22,000
so, think about it

363
00:12:22,000 --> 00:12:24,000
like you say, that money that you had

364
00:12:24,000 --> 00:12:26,000
before you started renting, all that money

365
00:12:26,000 --> 00:12:28,000
you've been putting into that rent

366
00:12:28,000 --> 00:12:30,000
you could have had, you probably had

367
00:12:30,000 --> 00:12:32,000
close to that 23,000

368
00:12:32,000 --> 00:12:34,000
you know what I'm saying, before

369
00:12:34,000 --> 00:12:36,000
you even started renting

370
00:12:36,000 --> 00:12:38,000
we need people like you

371
00:12:38,000 --> 00:12:40,000
the parents

372
00:12:40,000 --> 00:12:42,000
to instill that in the kids

373
00:12:42,000 --> 00:12:44,000
because, like, you know

374
00:12:44,000 --> 00:12:46,000
it's your first time, we're not gonna know it all

375
00:12:46,000 --> 00:12:48,000
from the get go

376
00:12:48,000 --> 00:12:50,000
and it's important to

377
00:12:50,000 --> 00:12:52,000
instill it the first time they do something

378
00:12:52,000 --> 00:12:54,000
because, like I say

379
00:12:54,000 --> 00:12:56,000
you say, you seen people that went down that path

380
00:12:56,000 --> 00:12:58,000
and never could bounce back

381
00:12:58,000 --> 00:13:00,000
never, it could never bounce back

382
00:13:00,000 --> 00:13:02,000
so that one

383
00:13:02,000 --> 00:13:04,000
time you tell them to go rent

384
00:13:04,000 --> 00:13:06,000
and it goes bad, some people are still

385
00:13:06,000 --> 00:13:08,000
trying to dig themselves out of that

386
00:13:08,000 --> 00:13:10,000
hole from something

387
00:13:10,000 --> 00:13:12,000
years back that they were told to do

388
00:13:12,000 --> 00:13:14,000
you know what I'm saying, was told right

389
00:13:14,000 --> 00:13:16,000
to do, so that's important, I had to throw that

390
00:13:16,000 --> 00:13:18,000
in there cause, yeah

391
00:13:18,000 --> 00:13:20,000
just think about that man, you in a position

392
00:13:20,000 --> 00:13:22,000
where you can

393
00:13:22,000 --> 00:13:24,000
level up, but you're not leveling up

394
00:13:24,000 --> 00:13:26,000
and that's the part where

395
00:13:26,000 --> 00:13:28,000
I think that most people

396
00:13:28,000 --> 00:13:30,000
if you're leveling up

397
00:13:30,000 --> 00:13:32,000
if you feel that you're not leveling up

398
00:13:32,000 --> 00:13:34,000
that's a problem

399
00:13:34,000 --> 00:13:36,000
it's levels to it, like we say

400
00:13:36,000 --> 00:13:38,000
it's different levels, if you feel like you ain't

401
00:13:38,000 --> 00:13:40,000
and whew

402
00:13:40,000 --> 00:13:42,000
if you don't feel like you leveling up

403
00:13:42,000 --> 00:13:44,000
like I still don't feel

404
00:13:44,000 --> 00:13:46,000
if you don't feel

405
00:13:46,000 --> 00:13:48,000
you know what I, can I say this

406
00:13:48,000 --> 00:13:50,000
I'm not against staying

407
00:13:50,000 --> 00:13:52,000
at home until you get

408
00:13:52,000 --> 00:13:54,000
until you can level up, I'm not against you

409
00:13:54,000 --> 00:13:56,000
staying at home saving as much as you can

410
00:13:56,000 --> 00:13:58,000
until you can level up

411
00:13:58,000 --> 00:14:00,000
instead of settling and renting

412
00:14:00,000 --> 00:14:02,000
I'm all for that, that's how

413
00:14:02,000 --> 00:14:04,000
I would be with my kids

414
00:14:04,000 --> 00:14:06,000
get all that you

415
00:14:06,000 --> 00:14:08,000
you stay here, you know, pay

416
00:14:08,000 --> 00:14:10,000
give me a little bit on the bills and this and that

417
00:14:10,000 --> 00:14:12,000
here and there every month, you know what I'm saying

418
00:14:12,000 --> 00:14:14,000
pay your, but in the meantime

419
00:14:14,000 --> 00:14:16,000
manage your money, save

420
00:14:16,000 --> 00:14:18,000
your money up so you can go out

421
00:14:18,000 --> 00:14:20,000
and get something that's worth it

422
00:14:20,000 --> 00:14:22,000
or that you want, instead of just

423
00:14:22,000 --> 00:14:24,000
getting something that you don't want

424
00:14:24,000 --> 00:14:26,000
but you have to get it, it's urgent

425
00:14:26,000 --> 00:14:28,000
it's urgent, you know what I'm saying

426
00:14:28,000 --> 00:14:30,000
because that's how my

427
00:14:30,000 --> 00:14:32,000
mother was like

428
00:14:32,000 --> 00:14:34,000
and it's, you know, lifestyles

429
00:14:34,000 --> 00:14:36,000
from previous, your parents

430
00:14:36,000 --> 00:14:38,000
so you know

431
00:14:38,000 --> 00:14:40,000
she had to go out

432
00:14:40,000 --> 00:14:42,000
and rent because

433
00:14:42,000 --> 00:14:44,000
she got pregnant with me, her parents

434
00:14:44,000 --> 00:14:46,000
put her out, she was in desperation

435
00:14:46,000 --> 00:14:48,000
mode, you gotta get it, you know what I'm saying

436
00:14:48,000 --> 00:14:50,000
so that's how some parents will

437
00:14:50,000 --> 00:14:52,000
think when it comes to their kids, like

438
00:14:52,000 --> 00:14:54,000
desperation mode, you know what I'm saying

439
00:14:54,000 --> 00:14:56,000
or, you know

440
00:14:56,000 --> 00:14:58,000
halftime, you gotta get it now, you know what I'm saying

441
00:14:58,000 --> 00:15:00,000
you gotta get it now, so that's

442
00:15:00,000 --> 00:15:02,000
the thing, like, you know

443
00:15:02,000 --> 00:15:04,000
try to

444
00:15:04,000 --> 00:15:06,000
not put your lifestyle

445
00:15:06,000 --> 00:15:08,000
out there, or influence it on your

446
00:15:08,000 --> 00:15:10,000
kids and try to make them, you know

447
00:15:10,000 --> 00:15:12,000
get something

448
00:15:12,000 --> 00:15:14,000
a slight bit better, you know what I'm saying

449
00:15:14,000 --> 00:15:16,000
instead of going down that same path

450
00:15:16,000 --> 00:15:18,000
mmhmm, and this is

451
00:15:18,000 --> 00:15:20,000
that's

452
00:15:20,000 --> 00:15:22,000
one of the

453
00:15:22,000 --> 00:15:24,000
I think that could be

454
00:15:24,000 --> 00:15:26,000
one of the biggest points of this

455
00:15:26,000 --> 00:15:28,000
podcast, because

456
00:15:28,000 --> 00:15:30,000
it's not

457
00:15:30,000 --> 00:15:32,000
common

458
00:15:32,000 --> 00:15:34,000
that it's being instilled

459
00:15:34,000 --> 00:15:36,000
let me say that again

460
00:15:36,000 --> 00:15:38,000
it's not common

461
00:15:38,000 --> 00:15:40,000
for these type of things to be

462
00:15:40,000 --> 00:15:42,000
instilled in a child

463
00:15:42,000 --> 00:15:44,000
or your young adult child

464
00:15:44,000 --> 00:15:46,000
however you choose, whenever you choose

465
00:15:46,000 --> 00:15:48,000
to push it to them

466
00:15:48,000 --> 00:15:50,000
it's not instilled, you have to

467
00:15:50,000 --> 00:15:52,000
you're going to have to do some teaching

468
00:15:52,000 --> 00:15:54,000
yeah, you're gonna have to do some teaching as a parent

469
00:15:54,000 --> 00:15:56,000
you're gonna have to do some teaching

470
00:15:56,000 --> 00:15:58,000
as a grandparent, whoever is teaching these kids

471
00:15:58,000 --> 00:16:00,000
teachers, teaching

472
00:16:00,000 --> 00:16:02,000
whatever, look

473
00:16:02,000 --> 00:16:04,000
cause when you grow up and you study yourself

474
00:16:04,000 --> 00:16:06,000
you realize, like, nah this wasn't right

475
00:16:06,000 --> 00:16:08,000
and then you're trying to tell

476
00:16:08,000 --> 00:16:10,000
your parent, like, nah this wasn't right

477
00:16:10,000 --> 00:16:12,000
and they still, they

478
00:16:12,000 --> 00:16:14,000
they finally be like, you got a point

479
00:16:14,000 --> 00:16:16,000
yeah you right, I knew this, I knew this

480
00:16:16,000 --> 00:16:18,000
Q, I knew this

481
00:16:18,000 --> 00:16:20,000
dang, you ain't tell me

482
00:16:20,000 --> 00:16:22,000
you know what I'm saying

483
00:16:22,000 --> 00:16:24,000
that's like life, you know what I'm saying

484
00:16:24,000 --> 00:16:26,000
I like parents that are just gonna tell you

485
00:16:26,000 --> 00:16:28,000
you're gonna deal with this

486
00:16:28,000 --> 00:16:30,000
you might deal with the heart breaks

487
00:16:30,000 --> 00:16:32,000
and this and that, don't paint it out to me

488
00:16:32,000 --> 00:16:34,000
like everything gonna be perfect

489
00:16:34,000 --> 00:16:36,000
tell me, I'ma go through some things

490
00:16:36,000 --> 00:16:38,000
so I'll be ready for it

491
00:16:38,000 --> 00:16:40,000
and I can know how to bounce back

492
00:16:40,000 --> 00:16:42,000
that's the key, you know

493
00:16:42,000 --> 00:16:44,000
that's the key, and this is a thing to

494
00:16:44,000 --> 00:16:46,000
speak on with bad investments

495
00:16:46,000 --> 00:16:48,000
one thing or another

496
00:16:48,000 --> 00:16:50,000
and this is a thing of

497
00:16:50,000 --> 00:16:52,000
habit

498
00:16:52,000 --> 00:16:54,000
and which also can go along with addiction

499
00:16:54,000 --> 00:16:56,000
whatever it is

500
00:16:56,000 --> 00:16:58,000
that you're addicted to

501
00:16:58,000 --> 00:17:00,000
that's taking all your money

502
00:17:00,000 --> 00:17:02,000
that's the next problem

503
00:17:02,000 --> 00:17:04,000
mine used to be women, I'ma just put mine out there

504
00:17:04,000 --> 00:17:06,000
again, it used to be women

505
00:17:06,000 --> 00:17:08,000
if you

506
00:17:08,000 --> 00:17:10,000
buying an outfit

507
00:17:10,000 --> 00:17:12,000
for the women, you buy clothes

508
00:17:12,000 --> 00:17:14,000
to impress the women, you buy

509
00:17:14,000 --> 00:17:16,000
that was my mindset

510
00:17:16,000 --> 00:17:18,000
I would never smoke

511
00:17:18,000 --> 00:17:20,000
and never drink, I love women

512
00:17:20,000 --> 00:17:22,000
you know what I'm saying

513
00:17:22,000 --> 00:17:24,000
that was my thing

514
00:17:24,000 --> 00:17:26,000
of course, most people

515
00:17:26,000 --> 00:17:28,000
have that one addiction

516
00:17:28,000 --> 00:17:30,000
that could really tear them down

517
00:17:30,000 --> 00:17:32,000
I don't care

518
00:17:32,000 --> 00:17:34,000
pick your poison

519
00:17:34,000 --> 00:17:36,000
or whatever it is

520
00:17:36,000 --> 00:17:38,000
this is one thing I always say

521
00:17:38,000 --> 00:17:40,000
it comes a time when that

522
00:17:40,000 --> 00:17:42,000
bad investment will kick you

523
00:17:42,000 --> 00:17:44,000
hard

524
00:17:44,000 --> 00:17:46,000
it'll kick you

525
00:17:46,000 --> 00:17:48,000
really hard

526
00:17:48,000 --> 00:17:50,000
once you get kicked by it

527
00:17:50,000 --> 00:17:52,000
you ain't gonna do it no more

528
00:17:52,000 --> 00:17:54,000
you gotta sit there

529
00:17:54,000 --> 00:17:56,000
on that hot stove

530
00:17:56,000 --> 00:17:58,000
you gotta sit there and feel it

531
00:17:58,000 --> 00:18:00,000
that's what a lot of people don't like to do

532
00:18:00,000 --> 00:18:02,000
they don't like to sit and feel what they

533
00:18:02,000 --> 00:18:04,000
think, they don't like to feel

534
00:18:04,000 --> 00:18:06,000
self inflicted problems

535
00:18:06,000 --> 00:18:08,000
and situations, especially when it goes

536
00:18:08,000 --> 00:18:10,000
along with bad investments

537
00:18:10,000 --> 00:18:12,000
like you said, people who

538
00:18:12,000 --> 00:18:14,000
tie their money into the wrong thing

539
00:18:14,000 --> 00:18:16,000
I don't care how bad

540
00:18:16,000 --> 00:18:18,000
or how much money you have

541
00:18:18,000 --> 00:18:20,000
the richest person

542
00:18:20,000 --> 00:18:22,000
can have an addiction and it still be

543
00:18:22,000 --> 00:18:24,000
a bad investment

544
00:18:24,000 --> 00:18:26,000
it could be something as little as having

545
00:18:26,000 --> 00:18:28,000
a porn addiction and subscribing to people

546
00:18:28,000 --> 00:18:30,000
only famous every month

547
00:18:30,000 --> 00:18:32,000
and having different fantasies and fetishes

548
00:18:32,000 --> 00:18:34,000
you know what I'm saying

549
00:18:34,000 --> 00:18:36,000
the slightest little things that you wouldn't

550
00:18:36,000 --> 00:18:38,000
even know that could take your money

551
00:18:38,000 --> 00:18:40,000
and this is the thing

552
00:18:40,000 --> 00:18:42,000
it's not even about how much money you spend

553
00:18:42,000 --> 00:18:44,000
you could be spending

554
00:18:44,000 --> 00:18:46,000
$10 each day

555
00:18:46,000 --> 00:18:48,000
it's gonna rattle up, it's gonna rack up

556
00:18:48,000 --> 00:18:50,000
so it could be like small

557
00:18:50,000 --> 00:18:52,000
investments, but if it's an addiction

558
00:18:52,000 --> 00:18:54,000
you're spending

559
00:18:54,000 --> 00:18:56,000
constantly, like every day

560
00:18:56,000 --> 00:18:58,000
it's gonna rack up, that's worse than

561
00:18:58,000 --> 00:19:00,000
spending your whole

562
00:19:00,000 --> 00:19:02,000
check and waiting 24 hours

563
00:19:02,000 --> 00:19:04,000
you spending every day, it's gonna rack up

564
00:19:04,000 --> 00:19:06,000
now think about that

565
00:19:06,000 --> 00:19:08,000
just think about that, you work 24 hours

566
00:19:08,000 --> 00:19:10,000
in a day right, I'm not gonna say you can work

567
00:19:10,000 --> 00:19:12,000
you can work 24 hours a day, but it's 24 hours

568
00:19:12,000 --> 00:19:14,000
in a day, you work 8 hours of

569
00:19:14,000 --> 00:19:16,000
a day

570
00:19:16,000 --> 00:19:18,000
and this is

571
00:19:18,000 --> 00:19:20,000
the thing too, and I'm learning this

572
00:19:20,000 --> 00:19:22,000
even better now, if you don't

573
00:19:22,000 --> 00:19:24,000
budget

574
00:19:24,000 --> 00:19:26,000
your investments

575
00:19:26,000 --> 00:19:28,000
meaning budget them in

576
00:19:28,000 --> 00:19:30,000
to what your lifestyle is

577
00:19:30,000 --> 00:19:32,000
that could get you into a bad

578
00:19:32,000 --> 00:19:34,000
investment situation just as well

579
00:19:34,000 --> 00:19:36,000
because just because you can afford it

580
00:19:36,000 --> 00:19:38,000
don't mean that you need it, and it doesn't mean

581
00:19:38,000 --> 00:19:40,000
just because you can afford it that you can keep up with this

582
00:19:40,000 --> 00:19:42,000
affordability, sometimes affordability

583
00:19:42,000 --> 00:19:44,000
runs out and you can't afford something

584
00:19:44,000 --> 00:19:46,000
anymore, which makes

585
00:19:46,000 --> 00:19:48,000
it a bad investment then

586
00:19:48,000 --> 00:19:50,000
think about that

587
00:19:50,000 --> 00:19:52,000
think about stuff like that, because I

588
00:19:52,000 --> 00:19:54,000
think, no matter how much money you have

589
00:19:54,000 --> 00:19:56,000
you could be rich, like I mean

590
00:19:56,000 --> 00:19:58,000
if I'm making a million dollars a year

591
00:19:58,000 --> 00:20:00,000
and I'm spending a million dollars a year, that ain't no good

592
00:20:00,000 --> 00:20:02,000
like I told you

593
00:20:02,000 --> 00:20:04,000
like Diddy had hit

594
00:20:04,000 --> 00:20:06,000
he settled that lawsuit with Cassie

595
00:20:06,000 --> 00:20:08,000
and everybody was like

596
00:20:08,000 --> 00:20:10,000
this is my

597
00:20:10,000 --> 00:20:12,000
mindset, I don't know how the world proceeded

598
00:20:12,000 --> 00:20:14,000
but everybody was like

599
00:20:14,000 --> 00:20:16,000
Diddy got the money, he got it

600
00:20:16,000 --> 00:20:18,000
and I'm looking at it like

601
00:20:18,000 --> 00:20:20,000
damn, that's still a lot of money

602
00:20:20,000 --> 00:20:22,000
I wouldn't even want to come up off that

603
00:20:22,000 --> 00:20:24,000
like I said, a dollar is a loss

604
00:20:24,000 --> 00:20:26,000
that's my

605
00:20:26,000 --> 00:20:28,000
I don't care how much money I have

606
00:20:28,000 --> 00:20:30,000
that's my money

607
00:20:30,000 --> 00:20:32,000
that's my money and I want it now

608
00:20:32,000 --> 00:20:34,000
like they say, so

609
00:20:34,000 --> 00:20:36,000
that's my money, I don't care

610
00:20:36,000 --> 00:20:38,000
how rich you are, like you said

611
00:20:38,000 --> 00:20:40,000
a bad investment is a bad investment

612
00:20:40,000 --> 00:20:42,000
that was a loss, I don't care how much

613
00:20:42,000 --> 00:20:44,000
money Diddy has

614
00:20:44,000 --> 00:20:46,000
it was still money he had to

615
00:20:46,000 --> 00:20:48,000
scoop up, Donald Trump losing that lawsuit

616
00:20:48,000 --> 00:20:50,000
this is my, I don't care how much

617
00:20:50,000 --> 00:20:52,000
a loss is a loss man

618
00:20:52,000 --> 00:20:54,000
and hustlers mentality

619
00:20:54,000 --> 00:20:56,000
that's a hustlers mentality

620
00:20:56,000 --> 00:20:58,000
you know, you could lose a dollar

621
00:20:58,000 --> 00:21:00,000
like, nah

622
00:21:00,000 --> 00:21:02,000
like 50, he a hustler

623
00:21:02,000 --> 00:21:04,000
he don't want to lose nothing

624
00:21:04,000 --> 00:21:06,000
you know what I'm saying, he still cheap

625
00:21:06,000 --> 00:21:08,000
he don't mind

626
00:21:08,000 --> 00:21:10,000
I love 50, you know what I'm saying

627
00:21:10,000 --> 00:21:12,000
because he'll wear white tees and jeans

628
00:21:12,000 --> 00:21:14,000
being frugal is a

629
00:21:14,000 --> 00:21:16,000
mentality

630
00:21:16,000 --> 00:21:18,000
that's one thing

631
00:21:18,000 --> 00:21:20,000
it don't matter how much money you got

632
00:21:20,000 --> 00:21:22,000
if Diddy had that

633
00:21:22,000 --> 00:21:24,000
kind of money sitting around, that means he was

634
00:21:24,000 --> 00:21:26,000
saving, if Trump

635
00:21:26,000 --> 00:21:28,000
had that kind of money sitting around, that means he

636
00:21:28,000 --> 00:21:30,000
was saving, so

637
00:21:30,000 --> 00:21:32,000
it gives the wrong impression when you just be like, aw that ain't

638
00:21:32,000 --> 00:21:34,000
nothing, you're saying, it ain't

639
00:21:34,000 --> 00:21:36,000
and when somebody can spend all that money

640
00:21:36,000 --> 00:21:38,000
at one time, they can't make all that

641
00:21:38,000 --> 00:21:40,000
money at one time, remember that, exactly

642
00:21:40,000 --> 00:21:42,000
remember that, how hard

643
00:21:42,000 --> 00:21:44,000
it was to get that, like you said

644
00:21:44,000 --> 00:21:46,000
it's not, just because

645
00:21:46,000 --> 00:21:48,000
he's who he is and he's got it

646
00:21:48,000 --> 00:21:50,000
that don't mean in the case of

647
00:21:50,000 --> 00:21:52,000
he can't lose it, he didn't want to

648
00:21:52,000 --> 00:21:54,000
give it up, in the case of what he

649
00:21:54,000 --> 00:21:56,000
like you just said

650
00:21:56,000 --> 00:21:58,000
what it took to get it, it's just a hustler mentality

651
00:21:58,000 --> 00:22:00,000
that's something that people

652
00:22:00,000 --> 00:22:02,000
have, some people don't, it's in some

653
00:22:02,000 --> 00:22:04,000
people, it's not in everybody

654
00:22:04,000 --> 00:22:06,000
there you go, it's in some people it's not in

655
00:22:06,000 --> 00:22:08,000
everybody, yeah, and that

656
00:22:08,000 --> 00:22:10,000
again, Diddy was making good

657
00:22:10,000 --> 00:22:12,000
investments

658
00:22:12,000 --> 00:22:14,000
good investments, you can tell he was real selfish

659
00:22:14,000 --> 00:22:16,000
and with his money, there you go, he was selfish

660
00:22:16,000 --> 00:22:18,000
and with his money, there you go, and his business

661
00:22:18,000 --> 00:22:20,000
think about some of the

662
00:22:20,000 --> 00:22:22,000
Texas rapper

663
00:22:22,000 --> 00:22:24,000
Slim Thug said one time

664
00:22:24,000 --> 00:22:26,000
you know, and one of

665
00:22:26,000 --> 00:22:28,000
I think it was in his video with

666
00:22:28,000 --> 00:22:30,000
was it Gillian

667
00:22:30,000 --> 00:22:32,000
no it wasn't, no, yeah it was

668
00:22:32,000 --> 00:22:34,000
Gillian Waller, I think it was with him

669
00:22:34,000 --> 00:22:36,000
me and all over again, he said you know

670
00:22:36,000 --> 00:22:38,000
these cats out here spending money

671
00:22:38,000 --> 00:22:40,000
and you know

672
00:22:40,000 --> 00:22:42,000
you think about this right

673
00:22:42,000 --> 00:22:44,000
you buying all these diamonds

674
00:22:44,000 --> 00:22:46,000
you buying all these jewelry, you buying

675
00:22:46,000 --> 00:22:48,000
all these cars, you know what I'm saying, but are

676
00:22:48,000 --> 00:22:50,000
you putting any money away? You know

677
00:22:50,000 --> 00:22:52,000
to see like

678
00:22:52,000 --> 00:22:54,000
where are you saving the money at?

679
00:22:54,000 --> 00:22:56,000
So like one thing that I saw he did

680
00:22:56,000 --> 00:22:58,000
he buys these cheap clothes

681
00:22:58,000 --> 00:23:00,000
to wear around every

682
00:23:00,000 --> 00:23:02,000
single day

683
00:23:02,000 --> 00:23:04,000
I think he showed the shirt was like

684
00:23:04,000 --> 00:23:06,000
$7 and the shorts was like

685
00:23:06,000 --> 00:23:08,000
$10, but

686
00:23:08,000 --> 00:23:10,000
we talking about a million dollar black

687
00:23:10,000 --> 00:23:12,000
man, or they keep receipts

688
00:23:12,000 --> 00:23:14,000
they wear it one day and return it

689
00:23:14,000 --> 00:23:16,000
whatever they choose, in the case of

690
00:23:16,000 --> 00:23:18,000
whatever your frugality

691
00:23:18,000 --> 00:23:20,000
is to save money

692
00:23:20,000 --> 00:23:22,000
and to be able to budget

693
00:23:22,000 --> 00:23:24,000
things into your lifestyle

694
00:23:24,000 --> 00:23:26,000
the only way you're going to be able to do it is you're going to have to

695
00:23:26,000 --> 00:23:28,000
have a strict budget with yourself

696
00:23:28,000 --> 00:23:30,000
how much money are you spending?

697
00:23:30,000 --> 00:23:32,000
Where are you spending the money at?

698
00:23:32,000 --> 00:23:34,000
Again, if somebody can ask you

699
00:23:34,000 --> 00:23:36,000
to go in your bank account and withdraw some money

700
00:23:36,000 --> 00:23:38,000
now can you do it? If you got

701
00:23:38,000 --> 00:23:40,000
more money, if you got more money

702
00:23:40,000 --> 00:23:42,000
in clothes in your closet and shoes

703
00:23:42,000 --> 00:23:44,000
and your house and

704
00:23:44,000 --> 00:23:46,000
this and that, but your bank account is zero

705
00:23:46,000 --> 00:23:48,000
you're not winning sir

706
00:23:48,000 --> 00:23:50,000
you're not winning ma'am, that's not a winner

707
00:23:50,000 --> 00:23:52,000
that's not winning mentality

708
00:23:52,000 --> 00:23:54,000
you gotta have something saved up

709
00:23:54,000 --> 00:23:56,000
The idea is to me

710
00:23:56,000 --> 00:23:58,000
especially if a person is making some money

711
00:23:58,000 --> 00:24:00,000
and if the average person

712
00:24:00,000 --> 00:24:02,000
is making $300 to $500

713
00:24:02,000 --> 00:24:04,000
a week, if you can't keep

714
00:24:04,000 --> 00:24:06,000
at least $25

715
00:24:06,000 --> 00:24:08,000
you're not

716
00:24:08,000 --> 00:24:10,000
I keep more than that

717
00:24:10,000 --> 00:24:12,000
and some mindset things

718
00:24:12,000 --> 00:24:14,000
where you're at

719
00:24:14,000 --> 00:24:16,000
is only up to you

720
00:24:16,000 --> 00:24:18,000
that's why I said that

721
00:24:18,000 --> 00:24:20,000
if you're making $300

722
00:24:20,000 --> 00:24:22,000
to $500 a week

723
00:24:22,000 --> 00:24:24,000
again, if you cannot save

724
00:24:24,000 --> 00:24:26,000
at least

725
00:24:26,000 --> 00:24:28,000
I go lower, if you can't save at least $5

726
00:24:28,000 --> 00:24:30,000
that's a problem

727
00:24:30,000 --> 00:24:32,000
but you know what

728
00:24:32,000 --> 00:24:34,000
some checks I can do my thing

729
00:24:34,000 --> 00:24:36,000
you wanna know why?

730
00:24:36,000 --> 00:24:38,000
because like you said about Diddy

731
00:24:38,000 --> 00:24:40,000
eventually down the road

732
00:24:40,000 --> 00:24:42,000
these people were saving

733
00:24:42,000 --> 00:24:44,000
you gotta save, you have to

734
00:24:44,000 --> 00:24:46,000
I always keep something in my account

735
00:24:46,000 --> 00:24:48,000
I'm big on the accounts

736
00:24:48,000 --> 00:24:50,000
I don't carry money on me

737
00:24:50,000 --> 00:24:52,000
it's all on the card

738
00:24:52,000 --> 00:24:54,000
it's my mid-top because if I see it

739
00:24:54,000 --> 00:24:56,000
I know

740
00:24:56,000 --> 00:24:58,000
that I'm more likely to spend it

741
00:24:58,000 --> 00:25:00,000
that's why I hide my money from myself

742
00:25:00,000 --> 00:25:02,000
and see most people

743
00:25:02,000 --> 00:25:04,000
that takes strength

744
00:25:04,000 --> 00:25:06,000
to be able to do that

745
00:25:06,000 --> 00:25:08,000
if you can't

746
00:25:08,000 --> 00:25:10,000
save money

747
00:25:10,000 --> 00:25:12,000
I hate to say this

748
00:25:12,000 --> 00:25:14,000
if you can't save money you're in a bad position

749
00:25:14,000 --> 00:25:16,000
that means you'll never budget

750
00:25:16,000 --> 00:25:18,000
you'll never get yourself to a point where you're putting something away

751
00:25:18,000 --> 00:25:20,000
if you're just doing it

752
00:25:20,000 --> 00:25:22,000
all the time consistently

753
00:25:22,000 --> 00:25:24,000
for 20-30 years

754
00:25:24,000 --> 00:25:26,000
you're never gonna do it

755
00:25:26,000 --> 00:25:28,000
where's the money ever gonna come from

756
00:25:28,000 --> 00:25:30,000
if you ain't ever saving it

757
00:25:30,000 --> 00:25:32,000
here's a rainy day

758
00:25:32,000 --> 00:25:34,000
what you gonna do when a rainy day comes

759
00:25:34,000 --> 00:25:36,000
mindfully yes, if you got help you got help

760
00:25:36,000 --> 00:25:38,000
if you don't have help

761
00:25:38,000 --> 00:25:40,000
guess what, you're gonna have to save up

762
00:25:40,000 --> 00:25:42,000
but at the same time even if you do have help

763
00:25:42,000 --> 00:25:44,000
guess what, that person that's helping you

764
00:25:44,000 --> 00:25:46,000
or that help you're getting eventually is gonna run out

765
00:25:46,000 --> 00:25:48,000
so eventually you have to get yourself

766
00:25:48,000 --> 00:25:50,000
to that point where you're learning to save

767
00:25:50,000 --> 00:25:52,000
it's easier to have it

768
00:25:52,000 --> 00:25:54,000
and take a little loss than not having to take a loss

769
00:25:54,000 --> 00:25:56,000
like Diddy took a loss

770
00:25:56,000 --> 00:25:58,000
but it wasn't a loss loss

771
00:25:58,000 --> 00:26:00,000
he's been saving

772
00:26:00,000 --> 00:26:02,000
he's been saving

773
00:26:02,000 --> 00:26:04,000
and still considered a loss

774
00:26:04,000 --> 00:26:06,000
but he lose lose

775
00:26:06,000 --> 00:26:08,000
another example of

776
00:26:08,000 --> 00:26:10,000
how they say those companies

777
00:26:10,000 --> 00:26:12,000
those companies that

778
00:26:12,000 --> 00:26:14,000
take a, well I ain't gonna say just a company

779
00:26:14,000 --> 00:26:16,000
but just let's just say

780
00:26:16,000 --> 00:26:18,000
a business

781
00:26:18,000 --> 00:26:20,000
they make these investments to buy things

782
00:26:20,000 --> 00:26:22,000
to bring in

783
00:26:22,000 --> 00:26:24,000
to see what's selling

784
00:26:24,000 --> 00:26:26,000
to see if they can make bank off of this stuff

785
00:26:26,000 --> 00:26:28,000
if it don't make bank guess what they gonna do

786
00:26:28,000 --> 00:26:30,000
get rid of it

787
00:26:30,000 --> 00:26:32,000
it's not gonna stay forever

788
00:26:32,000 --> 00:26:34,000
because what's the use of putting money into something

789
00:26:34,000 --> 00:26:36,000
that's not making any money

790
00:26:36,000 --> 00:26:38,000
that's gonna be a poor investment

791
00:26:38,000 --> 00:26:40,000
that's the mentality

792
00:26:40,000 --> 00:26:42,000
that we all have to get to

793
00:26:42,000 --> 00:26:44,000
let me say this

794
00:26:44,000 --> 00:26:46,000
like with clothings

795
00:26:46,000 --> 00:26:48,000
buy a couple of them first

796
00:26:48,000 --> 00:26:50,000
you know what I'm saying

797
00:26:50,000 --> 00:26:52,000
for my clothing designers

798
00:26:52,000 --> 00:26:54,000
don't get a whole bundle of stuff

799
00:26:54,000 --> 00:26:56,000
and don't know how the reaction

800
00:26:56,000 --> 00:26:58,000
is gonna be with the people and stuff like that

801
00:26:58,000 --> 00:27:00,000
get you a couple of them

802
00:27:00,000 --> 00:27:02,000
advertise these clothes

803
00:27:02,000 --> 00:27:04,000
see the reactions

804
00:27:04,000 --> 00:27:06,000
and then if you're getting people wanting to order

805
00:27:06,000 --> 00:27:08,000
that's when you bundled up

806
00:27:08,000 --> 00:27:10,000
once you get a reaction from it

807
00:27:10,000 --> 00:27:12,000
like oh I like that

808
00:27:12,000 --> 00:27:14,000
I want one of them

809
00:27:14,000 --> 00:27:16,000
you can't just go

810
00:27:16,000 --> 00:27:18,000
and that's the thing with us Blackfoot

811
00:27:18,000 --> 00:27:20,000
we'll go head in

812
00:27:20,000 --> 00:27:22,000
into something

813
00:27:22,000 --> 00:27:24,000
and that's what the consumers act to it

814
00:27:24,000 --> 00:27:26,000
and that's with that tax money

815
00:27:26,000 --> 00:27:28,000
don't just throw it all in one thing

816
00:27:28,000 --> 00:27:30,000
put a little bit right here

817
00:27:30,000 --> 00:27:32,000
pay this bill

818
00:27:32,000 --> 00:27:34,000
pay that bill

819
00:27:34,000 --> 00:27:36,000
you ain't even gotta pay the whole

820
00:27:36,000 --> 00:27:38,000
put half on it at least

821
00:27:38,000 --> 00:27:40,000
put half on it

822
00:27:40,000 --> 00:27:42,000
put something to it

823
00:27:42,000 --> 00:27:44,000
it adds up

824
00:27:44,000 --> 00:27:46,000
instead of just throwing it all over in one thing

825
00:27:46,000 --> 00:27:48,000
it's easy to throw it all into one thing

826
00:27:48,000 --> 00:27:50,000
it's easy to do that

827
00:27:50,000 --> 00:27:52,000
I don't

828
00:27:54,000 --> 00:27:56,000
the reason why most people throw it all into one thing

829
00:27:56,000 --> 00:27:58,000
is because they're

830
00:27:58,000 --> 00:28:00,000
desperate to have something

831
00:28:00,000 --> 00:28:02,000
like I said in the beginning with the car

832
00:28:02,000 --> 00:28:04,000
or they didn't have to work for it

833
00:28:04,000 --> 00:28:06,000
or they don't appreciate it

834
00:28:06,000 --> 00:28:08,000
it don't come via

835
00:28:08,000 --> 00:28:10,000
their pain

836
00:28:10,000 --> 00:28:12,000
and suffering to get it

837
00:28:12,000 --> 00:28:14,000
it's easy to throw away somebody else's money

838
00:28:14,000 --> 00:28:16,000
it's easy to do it in that light too

839
00:28:16,000 --> 00:28:18,000
and then again too just because

840
00:28:18,000 --> 00:28:20,000
your addictive mind

841
00:28:20,000 --> 00:28:22,000
your addictive mind thinks that way too

842
00:28:22,000 --> 00:28:24,000
you won't even think about what's going on in realistic

843
00:28:24,000 --> 00:28:26,000
lifetime or things that's gonna happen

844
00:28:26,000 --> 00:28:28,000
or something that's gonna happen due to your addiction

845
00:28:28,000 --> 00:28:30,000
to something

846
00:28:30,000 --> 00:28:32,000
some of them got addiction to shoes you're buying all these shoes

847
00:28:32,000 --> 00:28:34,000
you can't even wear all these shoes every single week

848
00:28:34,000 --> 00:28:36,000
every single day

849
00:28:36,000 --> 00:28:38,000
and a lot of people in my generation

850
00:28:38,000 --> 00:28:40,000
I'm talking to the black community

851
00:28:40,000 --> 00:28:42,000
I think a lot of us don't even intend to live long

852
00:28:42,000 --> 00:28:44,000
I think a lot of us don't even

853
00:28:44,000 --> 00:28:46,000
think we're gonna make 30, 40, 50

854
00:28:46,000 --> 00:28:48,000
and it's sad

855
00:28:48,000 --> 00:28:50,000
so we have that mentality

856
00:28:50,000 --> 00:28:52,000
like I might as well get in there

857
00:28:52,000 --> 00:28:54,000
whatever I want I might as well get in there

858
00:28:54,000 --> 00:28:56,000
health why I need to worry about a health

859
00:28:56,000 --> 00:28:58,000
I mean I might not make it to 35, 40

860
00:28:58,000 --> 00:29:00,000
that's the mentality that

861
00:29:00,000 --> 00:29:02,000
most of us have but then

862
00:29:02,000 --> 00:29:04,000
when we make it to 35, 40

863
00:29:04,000 --> 00:29:06,000
we stuck cause we was in that

864
00:29:06,000 --> 00:29:08,000
mentality

865
00:29:08,000 --> 00:29:10,000
so that's a lot of ways

866
00:29:10,000 --> 00:29:12,000
our mentality we don't think about

867
00:29:12,000 --> 00:29:14,000
we just think about trying to survive more

868
00:29:14,000 --> 00:29:16,000
make it today

869
00:29:16,000 --> 00:29:18,000
that we don't think down

870
00:29:18,000 --> 00:29:20,000
how our ancestors thought

871
00:29:20,000 --> 00:29:22,000
they were thinking about us

872
00:29:22,000 --> 00:29:24,000
how they gonna be able to

873
00:29:24,000 --> 00:29:26,000
take care of themselves if I die

874
00:29:26,000 --> 00:29:28,000
now we're just

875
00:29:28,000 --> 00:29:30,000
thinking about us

876
00:29:30,000 --> 00:29:32,000
we ain't even think about our kids most times

877
00:29:32,000 --> 00:29:34,000
we're just like okay I might not even

878
00:29:34,000 --> 00:29:36,000
live to 35 you know what I'm saying

879
00:29:36,000 --> 00:29:38,000
let me just live my life and you got a

880
00:29:38,000 --> 00:29:40,000
whole kid over here

881
00:29:40,000 --> 00:29:42,000
let me just live my life

882
00:29:42,000 --> 00:29:44,000
your life stopped once you had that kid

883
00:29:44,000 --> 00:29:46,000
you know what I'm saying

884
00:29:46,000 --> 00:29:48,000
so the mindset too

885
00:29:48,000 --> 00:29:50,000
is jack man

886
00:29:50,000 --> 00:29:52,000
so now

887
00:29:52,000 --> 00:29:54,000
speaking of mindset

888
00:29:54,000 --> 00:29:56,000
if the mindset isn't again

889
00:29:56,000 --> 00:29:58,000
if it isn't squared off if it isn't

890
00:29:58,000 --> 00:30:00,000
on point if it's going

891
00:30:00,000 --> 00:30:02,000
you're going to eventually show

892
00:30:02,000 --> 00:30:04,000
your flaws at trying to have

893
00:30:04,000 --> 00:30:06,000
things and doing things as far

894
00:30:06,000 --> 00:30:08,000
as investments

895
00:30:08,000 --> 00:30:10,000
you gonna have to think do some tallying

896
00:30:10,000 --> 00:30:12,000
up do some research

897
00:30:12,000 --> 00:30:14,000
figure some things out

898
00:30:14,000 --> 00:30:16,000
whether it's your budget

899
00:30:16,000 --> 00:30:18,000
if you're in a spot where you're paying too much

900
00:30:18,000 --> 00:30:20,000
and you're not ever getting to save a dollar you might need to move

901
00:30:20,000 --> 00:30:22,000
so at the end of the day

902
00:30:22,000 --> 00:30:24,000
it's a thing of like okay

903
00:30:24,000 --> 00:30:26,000
even if you got the help to push

904
00:30:26,000 --> 00:30:28,000
and do things to get it done

905
00:30:28,000 --> 00:30:30,000
to accept the help but at the same time

906
00:30:30,000 --> 00:30:32,000
if you're by yourself just

907
00:30:32,000 --> 00:30:34,000
remember

908
00:30:34,000 --> 00:30:36,000
is it a good investment or is it a bad investment

909
00:30:36,000 --> 00:30:38,000
is it a good investment

910
00:30:38,000 --> 00:30:40,000
or is it a bad investment

911
00:30:40,000 --> 00:30:42,000
look up good investments

912
00:30:42,000 --> 00:30:44,000
look up bad investments

913
00:30:44,000 --> 00:30:46,000
see which ones line up with you

914
00:30:46,000 --> 00:30:48,000
and figure it out

915
00:30:48,000 --> 00:30:50,000
learn how to save it's nothing else

916
00:30:50,000 --> 00:30:52,000
we've reached that point

917
00:30:52,000 --> 00:30:54,000
we at the end we ain't gonna keep

918
00:30:54,000 --> 00:30:56,000
holding y'all

919
00:30:56,000 --> 00:30:58,000
it is Thursday you still

920
00:30:58,000 --> 00:31:00,000
have a little bit of time to

921
00:31:00,000 --> 00:31:02,000
get you some

922
00:31:02,000 --> 00:31:04,000
coffee or if you ain't a coffee drinker

923
00:31:04,000 --> 00:31:06,000
go drink your little drinks

924
00:31:06,000 --> 00:31:08,000
drink your champagne or whatever it is

925
00:31:08,000 --> 00:31:10,000
drink your water

926
00:31:10,000 --> 00:31:12,000
eat your food

927
00:31:12,000 --> 00:31:14,000
payday tomorrow

928
00:31:14,000 --> 00:31:16,000
remember

929
00:31:16,000 --> 00:31:18,000
good investments

930
00:31:18,000 --> 00:31:20,000
bad investments

931
00:31:20,000 --> 00:31:22,000
save your money when you can

932
00:31:22,000 --> 00:31:24,000
if you can't save any money what good can you be

933
00:31:24,000 --> 00:31:26,000
for yourself years and years and years to come

934
00:31:26,000 --> 00:31:28,000
and what good can your kids be

935
00:31:28,000 --> 00:31:30,000
hey not even just your kids

936
00:31:30,000 --> 00:31:32,000
how about generations to come

937
00:31:32,000 --> 00:31:34,000
generations to come

938
00:31:34,000 --> 00:31:36,000
you want your whole family to have

939
00:31:36,000 --> 00:31:38,000
again your kids will be your kids

940
00:31:38,000 --> 00:31:40,000
again sometimes your kids may not

941
00:31:40,000 --> 00:31:42,000
be the ones to then spend your money

942
00:31:42,000 --> 00:31:44,000
all of your money but at the same time

943
00:31:44,000 --> 00:31:46,000
you gave them something to spend

944
00:31:46,000 --> 00:31:48,000
and it's up to them to know what they need to do

945
00:31:48,000 --> 00:31:50,000
can I say this

946
00:31:50,000 --> 00:31:52,000
I just want to lead us in there please

947
00:31:52,000 --> 00:31:54,000
black people

948
00:31:54,000 --> 00:31:56,000
leave some type of business

949
00:31:56,000 --> 00:31:58,000
or something

950
00:31:58,000 --> 00:32:00,000
like working

951
00:32:00,000 --> 00:32:02,000
within your

952
00:32:02,000 --> 00:32:04,000
family a business that you can

953
00:32:04,000 --> 00:32:06,000
leave your kids and your generations

954
00:32:06,000 --> 00:32:08,000
because what I'm seeing is a lot of us

955
00:32:08,000 --> 00:32:10,000
are getting old working these

956
00:32:10,000 --> 00:32:12,000
jobs 9 to 5

957
00:32:12,000 --> 00:32:14,000
and then we can't work no more

958
00:32:14,000 --> 00:32:16,000
a lot of us are having to spend our retirement

959
00:32:16,000 --> 00:32:18,000
money because

960
00:32:18,000 --> 00:32:20,000
we can't even get the assistance

961
00:32:20,000 --> 00:32:22,000
from the government

962
00:32:22,000 --> 00:32:24,000
because the government don't want to

963
00:32:24,000 --> 00:32:26,000
act right so now we're having to

964
00:32:26,000 --> 00:32:28,000
dive into our own savings

965
00:32:28,000 --> 00:32:30,000
that was set up for our kids

966
00:32:30,000 --> 00:32:32,000
and generations to come

967
00:32:32,000 --> 00:32:34,000
that's why this is important that we

968
00:32:34,000 --> 00:32:36,000
practice trying to get businesses and create

969
00:32:36,000 --> 00:32:38,000
businesses for our kids

970
00:32:38,000 --> 00:32:40,000
and generations to come

971
00:32:40,000 --> 00:32:42,000
to create our own work

972
00:32:42,000 --> 00:32:44,000
so we know we'll have a job

973
00:32:44,000 --> 00:32:46,000
we're guaranteed to have a job

974
00:32:46,000 --> 00:32:48,000
that's the mindset that I would love

975
00:32:48,000 --> 00:32:50,000
to see the black community get to

976
00:32:50,000 --> 00:32:52,000
where we create jobs

977
00:32:52,000 --> 00:32:54,000
for our own

978
00:32:54,000 --> 00:32:56,000
where we can't get fired

979
00:32:56,000 --> 00:32:58,000
and we hire who we want to hire

980
00:32:58,000 --> 00:33:00,000
and work our hours

981
00:33:00,000 --> 00:33:02,000
operate how we want to operate

982
00:33:02,000 --> 00:33:04,000
that's what I would love to get to

983
00:33:04,000 --> 00:33:06,000
yeah

984
00:33:06,000 --> 00:33:08,000
so

985
00:33:08,000 --> 00:33:10,000
us here at Nizans Music Podcast

986
00:33:10,000 --> 00:33:12,000
we still have a lot of learning to do ourselves

987
00:33:12,000 --> 00:33:14,000
growing to do ourselves

988
00:33:14,000 --> 00:33:16,000
but we all in this together

989
00:33:16,000 --> 00:33:20,000
so we're throwing this out there for the betterment of everybody

990
00:33:20,000 --> 00:33:24,000
if these topaz ain't talked about we probably won't even think about it

991
00:33:24,000 --> 00:33:26,000
if you're already on the wheel sides you're in a good place

992
00:33:26,000 --> 00:33:28,000
that means you're already following probably

993
00:33:28,000 --> 00:33:30,000
hopefully if not subscribe

994
00:33:30,000 --> 00:33:34,000
get these subscriber lists moving up

995
00:33:34,000 --> 00:33:36,000
get the people coming in

996
00:33:36,000 --> 00:33:38,000
it's coming it's slowly coming

997
00:33:38,000 --> 00:33:40,000
but again just remember

998
00:33:40,000 --> 00:33:42,000
if you want the latest from us

999
00:33:42,000 --> 00:33:44,000
subscribe via the website

1000
00:33:44,000 --> 00:33:46,000
if you're on your favorite network right now

1001
00:33:46,000 --> 00:33:48,000
make sure you subscribe or follow

1002
00:33:48,000 --> 00:33:50,000
tap me in

1003
00:33:50,000 --> 00:33:52,000
so next time we upload and post

1004
00:33:52,000 --> 00:33:54,000
you'll already be in the know

1005
00:33:54,000 --> 00:33:56,000
again if you're subscribed to the website

1006
00:33:56,000 --> 00:33:58,000
that is the best place to be

1007
00:33:58,000 --> 00:34:00,000
remember if you're on the website look around

1008
00:34:00,000 --> 00:34:02,000
there's a lot of stuff there, merch there

1009
00:34:02,000 --> 00:34:04,000
conversation is there

1010
00:34:04,000 --> 00:34:06,000
there's plenty of stuff to look at

1011
00:34:06,000 --> 00:34:08,000
too much stuff to listen to

1012
00:34:08,000 --> 00:34:10,000
plenty, you won't be able to listen to any of y'all listening one day

1013
00:34:10,000 --> 00:34:12,000
I promise you

1014
00:34:12,000 --> 00:34:14,000
in a week or in a month's time

1015
00:34:14,000 --> 00:34:16,000
but at the end of the day, well maybe in a month's time

1016
00:34:16,000 --> 00:34:18,000
but you'll have to do a whole lot of listening

1017
00:34:18,000 --> 00:34:20,000
but again

1018
00:34:20,000 --> 00:34:22,000
hopefully y'all again just tapping in

1019
00:34:22,000 --> 00:34:24,000
thank y'all for tapping in

1020
00:34:24,000 --> 00:34:26,000
as long as y'all have again

1021
00:34:26,000 --> 00:34:28,000
we all on the podcast, Apple Podcast

1022
00:34:28,000 --> 00:34:30,000
easy to find us

1023
00:34:30,000 --> 00:34:32,000
just easy

1024
00:34:32,000 --> 00:34:34,000
if you wanna google it, google it

1025
00:34:34,000 --> 00:34:36,000
google gonna put you right in

1026
00:34:36,000 --> 00:34:38,000
right in the mix of things

1027
00:34:38,000 --> 00:34:40,000
and it'll just be easy to go from there

1028
00:34:40,000 --> 00:34:42,000
and take off from there

1029
00:34:42,000 --> 00:34:44,000
again, take off from there

1030
00:34:44,000 --> 00:34:46,000
we appreciate y'all, Not Just Music Podcast

1031
00:34:46,000 --> 00:34:48,000
we out

1032
00:34:48,000 --> 00:34:50,000
another one

1033
00:34:50,000 --> 00:34:52,000
what's going on, it's your boy Duann Barino

1034
00:34:52,000 --> 00:34:54,000
from Not Just Music Podcast

1035
00:34:54,000 --> 00:34:56,000
we appreciate y'all tuning in, don't forget to like and subscribe

1036
00:34:56,000 --> 00:35:20,000
tune in next time