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I Discovered Why 90% of People Stay Broke (It's Not What You Think) · The Table with Anthony ONeal

0:00
[SPEAKER_01]: Y'all, today I want to talk to myself.
0:02
[SPEAKER_01]: If I could sit down with my younger Anthony O'Neill self, I'm talking about within my thirties.
0:08
[SPEAKER_01]: Y'all, I am actually forty, forty-one.
0:11
[SPEAKER_01]: And if I can go back and talk to myself ten years ago, I would literally grab myself by the shoulders.
0:19
[SPEAKER_01]: and hit him with some hard truths.
0:22
[SPEAKER_01]: Like, for real, listen, bro.
0:25
[SPEAKER_01]: Listen, listen.
0:26
[SPEAKER_01]: Because the dirty road self was impacted by the twenty-year road self.
0:29
[SPEAKER_01]: So really, I would talk to my literally right at that twenty-eighth and thirty-year road Anthony O'Neill version.
0:37
[SPEAKER_01]: Because I was out there buying flashy cars.
0:40
[SPEAKER_01]: I was trying to impress people who didn't even care about me.
0:44
[SPEAKER_01]: I was making reckless money moves that had me playing catch up for a year.
0:50
[SPEAKER_01]: And can I be real with you family?
0:52
[SPEAKER_01]: I don't want you all making the same mistakes I made.
0:55
[SPEAKER_01]: So buckle up.
0:56
[SPEAKER_01]: I'm going to expose myself.
0:58
[SPEAKER_01]: I'm going to talk to me.
1:00
[SPEAKER_01]: And whatever you could take from this conversation, I want you to take.
1:04
[SPEAKER_01]: And I want you to apply it to yourself because we're going to unpack some harsh, but life-changing advice.
1:11
[SPEAKER_01]: Here's a very first thing that this would go to my younger self.
1:15
[SPEAKER_01]: Young, I'm saying, twenties.
1:19
[SPEAKER_01]: Student loans.
1:23
[SPEAKER_01]: You all know that I am.
1:25
[SPEAKER_01]: I'm actually about two classes away at the time of recording this video.
1:28
[SPEAKER_01]: I'm two classes away from completing my executive MBA.
1:32
[SPEAKER_01]: I finished my bachelor's last year at Virginia Union University in finance and in banking.
1:38
[SPEAKER_01]: My EMBA, my executive MBA, will be in church management where I'll be able to go inside of churches and help them manage their money better and help them manage and teach their parishioners how to manage their money better.
1:52
[SPEAKER_01]: And then I have, I'm down to two schools to where I would start my DBA, my doctoral degree in finance and investing, right?
2:04
[SPEAKER_01]: So that would be three degrees.
2:08
[SPEAKER_01]: Now one student loan have I borrowed and have not one student loan have I taken out.
2:14
[SPEAKER_01]: Here's the thing about student loans.
2:17
[SPEAKER_01]: I still stand on what I say.
2:19
[SPEAKER_01]: I don't think taking out two, three hundred thousand dollars in student loans is worth education.
2:27
[SPEAKER_01]: You guys, you would have to face them like the adults you are.
2:32
[SPEAKER_01]: You see the average, the average student loan debt right now is about forty thousand dollars per student.
2:39
[SPEAKER_01]: Total federal student loan debt right now is right at about seven, one point seven trillion dollars.
2:44
[SPEAKER_01]: I want that to sink in real quick.
2:46
[SPEAKER_01]: I want that to sink in real quick.
2:48
[SPEAKER_01]: They're AO, young AO, one point seven trillion dollars.
2:53
[SPEAKER_01]: Like I said, someone who's back in school myself, this is different.
2:58
[SPEAKER_01]: So many young people are trapped in debt before they even get their first real paycheck.
3:04
[SPEAKER_01]: That's not living.
3:05
[SPEAKER_01]: That is surviving.
3:08
[SPEAKER_01]: If I could talk to my twenty-year-old self Anthony, I'll say, bro, don't just sign those papers.
3:16
[SPEAKER_01]: Be strategic.
3:18
[SPEAKER_01]: Hunt for scholarships.
3:21
[SPEAKER_01]: Go get a job.
3:23
[SPEAKER_01]: As a matter of fact, you had your father's GI bill.
3:26
[SPEAKER_01]: You had his partial scholarship from the National Forensist League.
3:30
[SPEAKER_01]: Leave that dad going to sit alone off.
3:35
[SPEAKER_01]: You don't need that money.
3:38
[SPEAKER_01]: because you're still gonna be paying for it in your late twenties, early thirties.
3:46
[SPEAKER_01]: Please don't do it.
3:49
[SPEAKER_01]: Yeah, I was slapped me in the back of my head.
3:52
[SPEAKER_01]: It is not worth it.
3:55
[SPEAKER_01]: But let's be honest, coming from Anthony, my younger self to you.
3:59
[SPEAKER_01]: Most of you all already signed the papers, and some didn't even graduate.
4:06
[SPEAKER_01]: That's real life.
4:07
[SPEAKER_01]: So now what?
4:09
[SPEAKER_01]: Now what?
4:11
[SPEAKER_01]: Let's be honest, most people are stressed and stuck in the paycheck to paycheck cycle because they were never taught a money actually works.
4:20
[SPEAKER_01]: That is exactly why I built this channel.
4:23
[SPEAKER_01]: Every week, my team and I are breaking down how to master your money, how to get out of that, say, invest, and build wealth without borrowing a dime.
4:33
[SPEAKER_01]: No fluff, no hype.
4:35
[SPEAKER_01]: Just real money topic actually helps you win financially.
4:39
[SPEAKER_01]: You see, because money impacts every aspect of our lives.
4:42
[SPEAKER_01]: Our peace, our relationships, and even our future.
4:45
[SPEAKER_01]: If you don't take control of it, it will look control you.
4:49
[SPEAKER_01]: And if you're tired of just surviving and you're ready to build wealth guys way, you're in the right place.
4:54
[SPEAKER_01]: Over nine hundred thousand people have already subscribed to our YouTube channel with over millions of downloaders and our applicants by the five podcasts.
5:01
[SPEAKER_01]: Now, when we hit a million on YouTube, we're giving way thirty thousand dollars to help you get out of debt in the start building legacy.
5:07
[SPEAKER_01]: So listen, don't just watch.
5:09
[SPEAKER_01]: Hit that subscribe family.
5:11
[SPEAKER_01]: Join this community.
5:12
[SPEAKER_01]: Let's build real love.
5:14
[SPEAKER_01]: Let's build real financial freedom together.
5:18
[SPEAKER_01]: It's your boy.
5:19
[SPEAKER_01]: Hit that subscribe.
5:20
[SPEAKER_01]: Let's get back to the show.
5:22
[SPEAKER_01]: Let's go to an Ask Ayo caller who currently is in this situation.
5:29
[SPEAKER_00]: My name is Jason and I'm from Georgia and I'm twenty-four and I'm twenty-three thousand dollars in debt.
5:34
[SPEAKER_00]: A living case from a car repair loan after an accident about five months ago and the risks from mistakes like using credit cards for college and being dropping out later.
5:45
[SPEAKER_00]: and just consumer data after that.
5:47
[SPEAKER_00]: I've been stuck on babysat once for quite some time.
5:50
[SPEAKER_00]: I make about three thousand a month, but really like seven hundred of that goes to minimum payments and barely breaking even.
5:58
[SPEAKER_00]: And I use every dollar, but I'm not really making any progress.
6:01
[SPEAKER_00]: And I just need direction.
6:02
[SPEAKER_00]: I'm finally in the job even with no experience.
6:04
[SPEAKER_00]: I can help me get out of this hole.
6:06
[SPEAKER_00]: I really want to break into tech, but that was a great idea.
6:09
[SPEAKER_00]: But I was denied for the long for the four K program costs.
6:12
[SPEAKER_00]: and I just can't afford the installment plans based on the all of the minimal payments that I'm paying.
6:18
[SPEAKER_00]: So you can help me.
6:19
[SPEAKER_00]: I greatly appreciate it.
6:20
[SPEAKER_00]: Been following you and I appreciate you.
6:22
[SPEAKER_00]: Have a good one.
6:22
[SPEAKER_01]: You know what Jason?
6:23
[SPEAKER_01]: Man, I want to say thank you.
6:26
[SPEAKER_01]: Thank you for calling in.
6:26
[SPEAKER_01]: Thank you for being part of this community and as well, you are for those who are listening and watching this.
6:33
[SPEAKER_01]: We always have a calling segment now to where we'll put that number up on the screen right now and we'll put it inside of today's show notes to where
6:41
[SPEAKER_01]: You can call it ask a question, but Jason I agree in your particular situation, a career intake will be a great option for you.
6:51
[SPEAKER_01]: I'm not gonna say maybe, I'm not gonna say might be, no, no, no, a career intake transitioning as a twenty four year old person in tech will be a great option for you.
7:05
[SPEAKER_01]: I'm gonna put their information up on the screen right now and we're gonna link it inside of today's show notes, but I want you to look into my friends over at careers or any similar programs.
7:13
[SPEAKER_01]: I can help you break into a higher paying field without going deeper into that.
7:18
[SPEAKER_01]: I don't think I love about careers.
7:21
[SPEAKER_01]: is that career is is going to position you to wear it within a matter of twenty weeks.
7:26
[SPEAKER_01]: You could be working from home.
7:27
[SPEAKER_01]: And I think you said you're making roughly three thousand dollars a month.
7:31
[SPEAKER_01]: If I do the three thousand dollars a month, a time set by twelve, you're making about thirty six thousand dollars a year.
7:38
[SPEAKER_01]: Bro, you can go from making thirty six thousand dollars a year to about ninety eighty thousand dollars a year within a matter of twenty weeks.
7:48
[SPEAKER_01]: But that's definitely talk about this.
7:50
[SPEAKER_01]: All right.
7:51
[SPEAKER_01]: Um, twenty four years old, twenty three thousand dollars in debt, making three thousand dollars a month, and only seven hundred deaths going towards bills.
8:03
[SPEAKER_01]: Jason and animals in this similar situation, I mean, you listen to me.
8:06
[SPEAKER_01]: A career in tech will save your financial life.
8:11
[SPEAKER_01]: I look into the programs like careers, but here's the thing.
8:18
[SPEAKER_01]: I keep paying these loans because what I heard you say was I took out credit cards to go to school, but I didn't even finish my degree.
8:30
[SPEAKER_01]: So yes.
8:32
[SPEAKER_01]: Jason, it may sound discouraging right now of what I'm about to say.
8:36
[SPEAKER_01]: But here is the truth.
8:37
[SPEAKER_01]: You have to work the dead snowball.
8:40
[SPEAKER_01]: Three thousand dollars a month, twenty-four.
8:43
[SPEAKER_01]: Jason, I hope you're living at home with your family.
8:48
[SPEAKER_01]: I hope you're living at home with your family.
8:50
[SPEAKER_01]: One of the biggest mistakes that I think that I made was moving out trying to rush outside of my parents' house.
8:59
[SPEAKER_01]: Not necessarily my parents' covering.
9:02
[SPEAKER_01]: because there has to be a transition to where my parents transition from being my parent to being wise counsel as my parents.
9:15
[SPEAKER_01]: But I didn't have to leave their house because I should have been making that money and stacking.
9:19
[SPEAKER_01]: And I remember my mom telling me that they said, you don't have to leave.
9:21
[SPEAKER_01]: I was like, no, I'm a man.
9:23
[SPEAKER_01]: A man don't stay at home.
9:25
[SPEAKER_01]: So I moved in my girlfriend, which that was the dumbest thing I could have ever done.
9:30
[SPEAKER_01]: because we were living in paycheck to paycheck.
9:32
[SPEAKER_01]: Why I was trying to pay off some debt?
9:36
[SPEAKER_01]: Still barred money from my family at that time in my young twenties.
9:41
[SPEAKER_01]: So, when you get some income, when you transition into the tech field, bro, I need you to hear me to clear it.
9:47
[SPEAKER_01]: I need all of you to hear me clearly.
9:49
[SPEAKER_01]: If you're looking to transition, I would transition into the QA field specifically because it doesn't require tech knowledge.
10:00
[SPEAKER_01]: It just requires you to know how to use your phone and basic computer skills and you're willing to spend twenty weeks and learning this specific field.
10:09
[SPEAKER_01]: As a matter of fact, we will also link a show inside of today's show notes where you can go in on more about the QA field where I break it all the way down to exactly what is it.
10:18
[SPEAKER_01]: So you can see exactly how you can do it because I think Bro, this would be a great field for you to look into because you'll go from this to making eighty thousand.
10:25
[SPEAKER_01]: But here's the thing.
10:27
[SPEAKER_01]: to everyone.
10:28
[SPEAKER_01]: When you have more income coming in, do not inflate your lifestyle.
10:33
[SPEAKER_01]: Man, you want to still live like you live in a paycheck to paycheck.
10:36
[SPEAKER_01]: Because you're going to start attacking that debt.
10:38
[SPEAKER_01]: You're young enough to build a whole new future within the next twelve months.
10:43
[SPEAKER_01]: But can you give yourself five months of dedication?
10:47
[SPEAKER_01]: and then six months of just living super below your means and attacking that debt.
10:53
[SPEAKER_01]: To where by the time you turn twenty-five, twenty-six years old, man, you're consumer debt free and you are moving forward because you have a better eyesight on the future because you have no debt.
11:04
[SPEAKER_01]: The time is right now.
11:06
[SPEAKER_01]: Here's the number two thing that, and again, I'm talking to Anthony on the, I've always been this guy, right?
11:14
[SPEAKER_01]: Cars.
11:18
[SPEAKER_01]: Let me talk to you about this car.
11:22
[SPEAKER_01]: These car payments that are killing our financial future.
11:29
[SPEAKER_01]: You want to feel successful in your twenties for most folks.
11:34
[SPEAKER_01]: That means a big shiny car.
11:36
[SPEAKER_01]: I mean, it's pulling up back then.
11:38
[SPEAKER_01]: It was a BMW number of Sadies.
11:40
[SPEAKER_01]: Heck, even back then in the twenties, it wasn't just that, this is right when the Chrysett three hundred's first came out.
11:45
[SPEAKER_01]: Man, they were showing up in movies and you got spinner wheels on them.
11:51
[SPEAKER_01]: But here's what they didn't tell you.
11:53
[SPEAKER_01]: Listen to these numbers.
11:54
[SPEAKER_01]: Watch this.
11:55
[SPEAKER_01]: Watch this.
11:57
[SPEAKER_01]: put these numbers up on a screen.
11:59
[SPEAKER_01]: The average use car is over thirty thousand five hundred dollars.
12:04
[SPEAKER_01]: New car payments is at seven hundred forty-one dollars a month.
12:09
[SPEAKER_01]: Many people are stretching their payments over eighty four months.
12:14
[SPEAKER_01]: That is seven years.
12:17
[SPEAKER_01]: Seven years.
12:21
[SPEAKER_01]: Look at these numbers one more time.
12:23
[SPEAKER_01]: The average car payment.
12:25
[SPEAKER_01]: is that seven hundred and forty-one dollars a month.
12:30
[SPEAKER_01]: The average used cars at thirty thousand five hundred.
12:34
[SPEAKER_01]: So if you're paying back thirty thousand five hundred dollars over eighty four months.
12:42
[SPEAKER_01]: With the interest rate of selling average ten percent, you didn't math.
12:48
[SPEAKER_01]: If you don't a new car payment for seven hundred and forty one dollars a month over eighty four months, you
12:57
[SPEAKER_01]: Let me, let me do the math.
12:58
[SPEAKER_01]: I didn't even do the math.
13:00
[SPEAKER_01]: Seven hundred and forty-one dollars, times that by eighty-four, that's sixty-two thousand dollars.
13:06
[SPEAKER_01]: Man, that's, let's move on.
13:07
[SPEAKER_01]: If you all think paying sixty-two thousand dollars for a car, that you probably only bought the car for thirty-five thousand forty thousand dollars, it's good, you're crazy.
13:22
[SPEAKER_01]: The Anthony, wait, you, you told us that your thing is cars, yeah, you're right.
13:26
[SPEAKER_01]: I do splurge my money on cars, but I haven't financed a car in almost fifteen years.
13:36
[SPEAKER_01]: The last car I financed was a, was a maxima.
13:43
[SPEAKER_01]: This is my mid-twenties.
13:44
[SPEAKER_01]: Every since then I pay cash for everything.
13:47
[SPEAKER_01]: My truck, my car, pay cash.
13:50
[SPEAKER_01]: The Bentley did you all know that I have pay cash.
13:55
[SPEAKER_01]: I even saved up for two years to pay cash for it.
14:03
[SPEAKER_01]: I kept driving on a Porsche Panamera.
14:06
[SPEAKER_01]: I kept driving that until I had the cash for it.
14:12
[SPEAKER_01]: Can I be honest with you?
14:14
[SPEAKER_01]: The real flex isn't driving a luxury vehicle you can't afford.
14:18
[SPEAKER_01]: The real flex is only a cash card and having no car payment.
14:23
[SPEAKER_01]: Oh my gosh, Anthony, but what about a tax ride off it by leasing?
14:27
[SPEAKER_01]: Rich people are leasing their cars.
14:29
[SPEAKER_01]: Okay, let's talk about it.
14:31
[SPEAKER_01]: Rich people are leasing their cars.
14:32
[SPEAKER_01]: Still a dumb thing, but they have dumb money.
14:38
[SPEAKER_01]: If you're worth a hundred million and you throw away three hundred and fifty thousand miles on a car,
14:47
[SPEAKER_01]: I'm still not a wise thing, but you are not any financial position to throw away any kind of money.
14:53
[SPEAKER_01]: You're not any financial position to buy a new car and throw away twenty-thirty percent.
14:58
[SPEAKER_01]: That is one of the dumbest things you can do.
15:00
[SPEAKER_01]: And I wish I could go back to my twenty-world self and say, boy, put that crap down.
15:05
[SPEAKER_01]: Go buy you a five thousand dollar beater with some good AC and it's some good gas, mileage, and drive that until the wheels fall off literally.
15:16
[SPEAKER_01]: drive what you could pay for in cash by reliable buy use buy under depreciated new cars are going to lose twenty to thirty percent value in the first year don't do it
15:38
[SPEAKER_01]: because now what's happening is you threw away fifteen thousand dollars a get that could have went towards your high-o savings you threw away your investments that could have went into a mutual fund index fund you threw away your future you threw it all away
15:56
[SPEAKER_01]: Building credit the traditional way is slow and confusing.
15:59
[SPEAKER_01]: And most credit cards want you to rack up debt just to boost your score.
16:03
[SPEAKER_01]: You see, I used to think that you had to choose between staying debt-free or having a good credit score.
16:10
[SPEAKER_01]: But, but, but.
16:12
[SPEAKER_01]: Here's what I've discovered.
16:13
[SPEAKER_01]: There's actually a way to build credit without any credit checks without going into debt and without paying crazy interest fees.
16:21
[SPEAKER_01]: and it works faster than I thought possible.
16:25
[SPEAKER_01]: These are friends that kick off.
16:26
[SPEAKER_01]: They are the truth.
16:27
[SPEAKER_01]: They are doing something different.
16:29
[SPEAKER_01]: They help you build credit the right way without the debt track.
16:33
[SPEAKER_01]: I've seen people go from no credit to a seven hundred plus score using their system and they did it completely debt-free.
16:41
[SPEAKER_01]: Say one more time, completely debt-free.
16:43
[SPEAKER_01]: Overall, hundred and fifty thousand people have left five star reviews on an app store.
16:48
[SPEAKER_01]: users see an average of three to four points increase in their credit score.
16:51
[SPEAKER_01]: Some even see watch this up to eighty four points within the first twelve months.
16:55
[SPEAKER_01]: These aren't just numbers.
16:57
[SPEAKER_01]: These are real people getting approved for homes and getting better interest rates.
17:01
[SPEAKER_01]: Here's the truth.
17:02
[SPEAKER_01]: Every month you wait is another month of paying higher interest rates on everything.
17:07
[SPEAKER_01]: A good credit score can save you.
17:09
[SPEAKER_01]: A lot of money.
17:10
[SPEAKER_01]: Thousands on a mortgage, hundreds on car insurance and even help you skip the security deposits.
17:17
[SPEAKER_01]: Don't let bad credit cost you money.
17:20
[SPEAKER_01]: I want you to visit anthonyl.com for Sasuke Golf right now to get started for his little ass one dollar on your first month.
17:26
[SPEAKER_01]: I want you to build credit that debt freeway because your future self will thank you.
17:31
[SPEAKER_01]: Let's talk about number three.
17:37
[SPEAKER_01]: Trying not to get passionate about it because like when I think about myself, I get I get a little disappointed in me.
17:44
[SPEAKER_01]: Yes, all of my mistakes developed me and matured me into the man out of him today, but I'm like, tag on it.
17:51
[SPEAKER_01]: I could be a better man if I didn't make some of these mistakes.
17:55
[SPEAKER_01]: I'm grateful that God has grace, that it has mercy, and he turned my pain into good, but God, tag on it.
18:02
[SPEAKER_01]: So, at least when I'm going to read from here, listen, listen, listen to me.
18:10
[SPEAKER_01]: Too many people in their twenties are chasing side hustles that don't pay while ignoring nine to five jobs that could fund their freedom.
18:19
[SPEAKER_01]: I'm not saying don't dream big, I'm not saying don't pursue your passions.
18:24
[SPEAKER_01]: Here's what I'm saying, build wisely.
18:27
[SPEAKER_01]: Here's what I'll tell my twenty-year-old self, but go get a job.
18:31
[SPEAKER_01]: Don't get a job of growth, benefits, and a path.
18:34
[SPEAKER_01]: Become so valuable that they have to pay you more.
18:37
[SPEAKER_01]: And then when you come home, learn skills that increases your income, then document the results.
18:45
[SPEAKER_01]: Still going to build that business.
18:47
[SPEAKER_01]: Anthony, great.
18:48
[SPEAKER_01]: Do it when you come home from five to nine.
18:52
[SPEAKER_01]: Don't get on my space back then.
18:54
[SPEAKER_01]: Don't get on a well on Yahoo chat.
18:56
[SPEAKER_01]: Don't go out there to the beach with your spinner wheels.
18:58
[SPEAKER_01]: No go learn something.
19:01
[SPEAKER_01]: That makes you better on your job, but then also builds the A-L winter prize.
19:08
[SPEAKER_01]: Because the A-L winter prize then it started until I was thirty-three.
19:13
[SPEAKER_01]: It didn't really come into fruition and making real money until I was thirty-five.
19:16
[SPEAKER_01]: It's only been six years.
19:20
[SPEAKER_01]: Your twenties are for planting, not flexing.
19:24
[SPEAKER_01]: So let's say one more time.
19:26
[SPEAKER_01]: Your twenties are for planting, not flexing.
19:30
[SPEAKER_01]: Your thirties and your forties are for working what you planted.
19:36
[SPEAKER_01]: Let's say it again.
19:38
[SPEAKER_01]: Twins are for planting, not flexing.
19:40
[SPEAKER_01]: Your thirties are for working, but watch this.
19:42
[SPEAKER_01]: Your thirties and thirties are let's go deeper than planting.
19:45
[SPEAKER_01]: Your thirties are for watering what you planted, so you can see it flourish in your fifties.
19:59
[SPEAKER_01]: But nah man, I was like, it's trying to flex.
20:01
[SPEAKER_01]: I was like, it's trying to get the ladies.
20:02
[SPEAKER_01]: I'm being real to you.
20:03
[SPEAKER_01]: Copy real to you.
20:04
[SPEAKER_01]: I was in my twenties trying to do dumb stuff trying to get the ladies trying to have sex trying to show my guys what I'm all about and y'all are paid the stupid mistakes.
20:15
[SPEAKER_01]: I'm still single because of those diagonal stupid mistakes.
20:18
[SPEAKER_01]: I still don't have a family because of those diagonal stupid mistakes.
20:22
[SPEAKER_01]: I'm behind where God, where I could have been, if I just would have been doing the right.
20:32
[SPEAKER_01]: But again, you learn, you live, and you learn.
20:37
[SPEAKER_01]: This is why when I see people talk about me, or blogs or something, I mean, you know what you eat.
20:42
[SPEAKER_01]: Half of the stuff is false.
20:44
[SPEAKER_01]: But the other half, like, man, I know why I jacked up.
20:49
[SPEAKER_01]: I'm gonna mention to my future doesn't look like my past.
20:52
[SPEAKER_01]: I know I jacked up with money.
20:54
[SPEAKER_01]: I know I jacked up when it came to certain different things.
20:58
[SPEAKER_01]: This is why I'm exposing myself and saying, yo, this is what I would tell my younger self.
21:02
[SPEAKER_01]: Hey, man.
21:03
[SPEAKER_01]: Don't go get a job.
21:08
[SPEAKER_01]: Stop being such an arrested, become this grown man.
21:11
[SPEAKER_01]: Take advantage of the season of where God has you at and serve.
21:17
[SPEAKER_01]: Because the better you can serve now, the quicker God will release you to get to the next stage.
21:23
[SPEAKER_01]: Let's move on.
21:24
[SPEAKER_01]: I got some more to get to, I got some more to get to.
21:29
[SPEAKER_01]: One of the things that I would tell my younger self, even when I was in my, I wanted to save my young, I made to late twenties, man.
21:35
[SPEAKER_01]: Anthony, you got to save more.
21:38
[SPEAKER_01]: Yo, we gotta talk about saving money, like our life literally depends on it because it does.
21:45
[SPEAKER_01]: Do you happen to emergency fund, A.O.?
21:50
[SPEAKER_01]: Are you letting your money work for you, A.O.? ?
21:54
[SPEAKER_01]: Are you?
21:55
[SPEAKER_01]: Yeah, I remember.
21:59
[SPEAKER_01]: When I lost my job in Florida, I went back home.
22:01
[SPEAKER_01]: I wanted to say I was about twenty, three, twenty, four years old.
22:04
[SPEAKER_01]: Met my uncle, not met him, but you know, started working with my uncle, selling cars.
22:09
[SPEAKER_01]: Those selling cars were Deacon Jones, Lisa.
22:12
[SPEAKER_01]: And I think it's Goesboro.
22:14
[SPEAKER_01]: Yeah, it's Goesboro North Carolina.
22:18
[SPEAKER_01]: Men I was there.
22:19
[SPEAKER_01]: I want to say for about two years, two, three years.
22:23
[SPEAKER_01]: And I know years, men.
22:24
[SPEAKER_01]: I'll never forget the first time I got my first paycheck.
22:28
[SPEAKER_01]: from selling cars.
22:29
[SPEAKER_01]: The first month, man, I made seven thousand dollars.
22:32
[SPEAKER_01]: Mine, you seven thousand dollars in two thousand seven.
22:36
[SPEAKER_01]: Two thousand, yeah, two thousand six thousand seven.
22:38
[SPEAKER_01]: I'm twenty four twenty five.
22:40
[SPEAKER_01]: Maybe right around that time, but I know that exact math, but it knows right around twenty four twenty five.
22:45
[SPEAKER_01]: Yeah, yeah, twenty three twenty four, because I left to go to Florida to pass the right around twenty six.
22:52
[SPEAKER_01]: I was there for four years.
22:53
[SPEAKER_01]: I read it in the twenty three, twenty two to twenty five.
22:57
[SPEAKER_01]: I was selling cars.
23:00
[SPEAKER_01]: And my first check was seven thousand.
23:03
[SPEAKER_01]: I'll never give him a going to that bank, man.
23:05
[SPEAKER_01]: And because I was in the check system, I had to go to a Walmart bank.
23:08
[SPEAKER_01]: I forgot the name of that bank.
23:10
[SPEAKER_01]: But when I went in there, man, I handed that lady to physical check because we still got physical checks back there.
23:15
[SPEAKER_01]: And we didn't have to write deposit.
23:17
[SPEAKER_01]: And I handed that check to that lady, so this is your check.
23:21
[SPEAKER_01]: I said, yes, man, man, dude.
23:23
[SPEAKER_01]: Huh, how are you doing?
23:25
[SPEAKER_01]: I was in a straight-up leg down and I got that dope deep voice.
23:28
[SPEAKER_01]: I was like, yeah, what's your name?
23:31
[SPEAKER_01]: Man that girl put her name and her phone number on a back.
23:37
[SPEAKER_01]: Other receipt.
23:39
[SPEAKER_01]: Man, I hit her up on my space that night.
23:42
[SPEAKER_01]: We linked up.
23:43
[SPEAKER_01]: We chill.
23:44
[SPEAKER_01]: We didn't do nothing.
23:44
[SPEAKER_01]: We didn't have sex.
23:45
[SPEAKER_01]: We were able to talk.
23:46
[SPEAKER_01]: We didn't do that.
23:47
[SPEAKER_01]: We didn't do that.
23:48
[SPEAKER_01]: But man, I don't remember man, we went out and we had a blast.
23:53
[SPEAKER_01]: I think we went to a, what's the name of that space?
23:57
[SPEAKER_01]: I forgot naming the restaurant in Fayetteville, but they just opened up and they're very well known for their croissants.
24:05
[SPEAKER_01]: And we went there, had some drinks and chill.
24:10
[SPEAKER_01]: And by the time that Nate's month came, that seven thousand dollars was going on.
24:13
[SPEAKER_01]: But I was making an average anywhere between seven to about fifteen thousand dollars a month.
24:19
[SPEAKER_01]: My best month was closer to twenty something.
24:20
[SPEAKER_01]: The thousand dollars in my mid twenty seven.
24:25
[SPEAKER_01]: You are never forget this day.
24:30
[SPEAKER_01]: We see three big trucks pulling to
24:35
[SPEAKER_01]: the car dealership, they get out of there, a van pulls up, an SUV pulls up, the go inside the dealership, and they remove all keys from the dealership, and they start loading up all the cars on the truck.
24:56
[SPEAKER_01]: And that day my life changed drastically because they set down the dealership.
25:04
[SPEAKER_01]: And I remember driving home and I called my dad and I said, Amen.
25:07
[SPEAKER_01]: I don't know how to drive away.
25:10
[SPEAKER_01]: They shut down the position.
25:12
[SPEAKER_01]: And I said, okay, cool, you made so much money, got me to say it.
25:15
[SPEAKER_01]: It's my not opening up my savings.
25:18
[SPEAKER_01]: I had four hundred dollars to my name.
25:21
[SPEAKER_01]: And those two to three, maybe four years, I was selling cars.
25:25
[SPEAKER_01]: I made easy three, four hundred thousand dollars.
25:28
[SPEAKER_01]: Now I'm putting myself in blasts, my rent.
25:32
[SPEAKER_01]: was six hundred and fifty dollars a month for a two-bedroom condo.
25:38
[SPEAKER_01]: I was driving at least on a maximum.
25:41
[SPEAKER_01]: My expenses around that time was maybe fifteen hundred dollars a month.
25:45
[SPEAKER_01]: I was making seven dollars.
25:49
[SPEAKER_01]: And I didn't save no money.
25:55
[SPEAKER_01]: Because I was doing things that pleased my flesh.
25:59
[SPEAKER_01]: I was doing things to please others.
26:05
[SPEAKER_01]: I wasn't saving.
26:09
[SPEAKER_01]: And y'all in twenty twenty five, we gotta get a point to where we're saving.
26:15
[SPEAKER_01]: We're gonna put so far up right now that I need you out of open up a high yield savings account today.
26:24
[SPEAKER_01]: I'm gonna be just put a hundred dollars in it two days.
26:29
[SPEAKER_01]: I need you to build it three to six months of your average net pay.
26:33
[SPEAKER_01]: And put it inside of a higher savings account because now your money is going to make you forward.
26:38
[SPEAKER_01]: I think they're giving away four percent at three hundred dollars.
26:41
[SPEAKER_01]: So you open up a higher savings account today.
26:43
[SPEAKER_01]: You're going to get three hundred dollars.
26:45
[SPEAKER_01]: If you open a checking in savings account and you put that right deposit into the checking.
26:50
[SPEAKER_01]: And you get four percent of your money.
26:52
[SPEAKER_01]: If you put this on a regular bank, I'm not going to name it, and I'm not going to name it bank, but if you put it into a regular bank like a bank in America, maybe, they're going to be point zero or three percent.
27:06
[SPEAKER_01]: But if you put it in so far, they wouldn't give you four percent.
27:08
[SPEAKER_01]: You do the math.
27:10
[SPEAKER_01]: If you got five thousand dollars in an account, do you want point zero three percent or do you want four point zero percent?
27:22
[SPEAKER_01]: We have to make saving a non-negotiable.
27:26
[SPEAKER_01]: Because we save the three main reasons, one, emergencies, two big purchases and three great opportunities to invest.
27:38
[SPEAKER_01]: I treat my savings at forty-one like it's a bill.
27:43
[SPEAKER_01]: It gets paid first, not last.
27:47
[SPEAKER_01]: I'm training my future self to own money, not be owned by money.
27:56
[SPEAKER_01]: And here's the last thing.
27:59
[SPEAKER_01]: Here's the last thing.
28:00
[SPEAKER_01]: I'm gonna get about it here.
28:01
[SPEAKER_01]: We're around twenty-five minutes.
28:03
[SPEAKER_01]: I got five minutes left.
28:06
[SPEAKER_01]: Problem solved.
28:09
[SPEAKER_01]: This is the final piece that I wish I can go back to myself, my younger self, and teach.
28:13
[SPEAKER_01]: And I pray that the job gets something from this.
28:17
[SPEAKER_01]: I think this is the most powerful advice that I can give, my younger self, and to you.
28:23
[SPEAKER_01]: Welp the people solved a problem.
28:31
[SPEAKER_01]: Welp the people solved a problem.
28:37
[SPEAKER_01]: Zuckerberg was in college, specifically at Howard, I want to say, and not Howard Harvard, I want to say, and he saw that people weren't really connecting together.
28:48
[SPEAKER_01]: So he created Facebook.
28:50
[SPEAKER_01]: Elon Musk saw that, man, we're using too much gas in the oil.
28:56
[SPEAKER_01]: We need to create a safer thing for cars, so he created Tesla.
29:06
[SPEAKER_01]: I forgot the guy who passed away who started Apple, him and his partner, but as I said, we need something a little bit more creative when it comes to computers.
29:13
[SPEAKER_01]: So they created Apple.
29:15
[SPEAKER_01]: They solved a problem.
29:22
[SPEAKER_01]: Whatever you work, I want you to look around.
29:25
[SPEAKER_01]: What frustrates your boss?
29:28
[SPEAKER_01]: What frustrates your team?
29:31
[SPEAKER_01]: What's frustrating people, your clients?
29:36
[SPEAKER_01]: Write that down and go solve that problem and you will become an asset.
29:44
[SPEAKER_01]: You will become valuable.
29:47
[SPEAKER_01]: And what happens with assets over time they generate more income?
29:53
[SPEAKER_01]: Over time when you become an asset you get promoted.
29:56
[SPEAKER_01]: Over time
30:01
[SPEAKER_01]: You become so valuable that they ask you, hey, how can we spend this solution into a digital product?
30:06
[SPEAKER_01]: They service a side business for the company, and because you did it, because you solved the problem, because you came to the table with this issue, I'm gonna give you a portion of the income.
30:20
[SPEAKER_01]: You see, solving problems is the getaway to ownership.
30:28
[SPEAKER_01]: I can't stress that enough.
30:30
[SPEAKER_01]: every rich person that I've seen, every wealthy person that I've identified, and let's just take it away from wealth, and successful.
30:39
[SPEAKER_01]: Every successful person, whether it's money, whether it's career, whether it's education, whatever, they've all solved a problem.
30:50
[SPEAKER_01]: That's why my company is starting to shift if you all have a senior, because I can't say too much, but I see a problem.
30:57
[SPEAKER_01]: and I'm telling my team you're worth shifting because I want to be a problem solver because five years from now if we're not solving a problem we are going to be behind everyone wants to be influenced everyone wants to have a podcast to be a youtuber we have to be a problem solver not a podcaster
31:23
[SPEAKER_01]: You have to be a problem-solver, not just an employee.
31:29
[SPEAKER_01]: Because AI, it's going to take your position.
31:34
[SPEAKER_01]: Because you didn't solve a problem.
31:37
[SPEAKER_01]: This is the wisdom that I wish I had in my mid-twenties to early early thirties.
31:44
[SPEAKER_01]: I wouldn't have wasted so much time and money trying to impress people who didn't even care about me.
31:52
[SPEAKER_01]: And I constantly have to remind myself at forty-one, boy, who cares?
31:58
[SPEAKER_01]: If they don't like you because you don't have that car, if she doesn't like you because you won't spend that kind of money.
32:03
[SPEAKER_01]: If, if, if, if, if, who cares?
32:08
[SPEAKER_01]: What are my associates at what long said this man?
32:11
[SPEAKER_01]: Who is they?
32:14
[SPEAKER_01]: Think about that.
32:14
[SPEAKER_01]: Who is they?
32:15
[SPEAKER_01]: Well, they said, who is they?
32:20
[SPEAKER_01]: Like, what room have you given day in your life in your bond?
32:26
[SPEAKER_01]: Get rid of them.
32:28
[SPEAKER_01]: Because your future is not depending on quote-unquote, they, your future is depending upon you.
32:36
[SPEAKER_01]: So can I leave you with this?
32:38
[SPEAKER_01]: You don't need to look like you got money in your twenties.
32:43
[SPEAKER_01]: You need to get free in your thirties, forties, ficts, and beyond.
32:50
[SPEAKER_01]: because the caliber of your future is going to be determined by the choices we made today.
32:56
[SPEAKER_01]: So if you're watching this in your forties, if you're watching this in your thirties, make the decision.
33:02
[SPEAKER_01]: If you're watching this in your twenties, make the decision.
33:05
[SPEAKER_01]: If you're watching this in your sixties, make the decision to change the trajectory of your future.
33:10
[SPEAKER_01]: By changing the caliber of the decisions you're making today.
33:13
[SPEAKER_01]: Well, let y'all go.