Latest / The Table with Anthony ONeal / Living Costs $10K More in 2025 - Here's How to Get It

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Living Costs $10K More in 2025 - Here's How to Get It · The Table with Anthony ONeal

0:00
[SPEAKER_00]: They say about 254, African-Americans will have zero to negative net worth and simplest terms, pretty much they're saying that we will be in the red.
0:11
[SPEAKER_00]: I've dedicated the last 15 years of my life to help African-Americans and not just African-Americans, but everyone and get out of the red and get into the black.
0:22
[SPEAKER_00]: We're building our community of individuals who want to get out of
0:29
[SPEAKER_00]: and get into the black.
0:31
[SPEAKER_00]: We are almost at a million community members.
0:35
[SPEAKER_00]: who are aligning with that vision with that mission.
0:37
[SPEAKER_00]: But oftentimes, I get messages saying, man, I'm in the community, but then you're not subscribed.
0:42
[SPEAKER_00]: One of the simplest things, and a free thing that you can do to help keep neatness network and the table going is simply hitting that subscribe button.
0:50
[SPEAKER_00]: We are almost at a million subscribers.
0:52
[SPEAKER_00]: At the time of recording this, we're at 980,000 to 20,000 more.
0:54
[SPEAKER_00]: And then I'm simply and super excited.
0:59
[SPEAKER_00]: that you have subscribe.
1:01
[SPEAKER_00]: Thank you for being a part of this community.
1:03
[SPEAKER_00]: It's a lot of great things going, but if you have it, can you do me a favor and hit that subscribe button and join this amazing community of people?
1:12
[SPEAKER_00]: That by 254, they don't want to be a part of that step.
1:15
[SPEAKER_00]: They want to be.
1:17
[SPEAKER_00]: amongst the individuals who are consumer debt-free, building wealth, passing down legacy, and enjoying their life.
1:24
[SPEAKER_00]: Do me a favor before we get into today's show.
1:27
[SPEAKER_00]: Hit that subscribe button and share today's show.
1:30
[SPEAKER_00]: Hey, thank you.
1:31
[SPEAKER_00]: Let's get to it.
1:32
[SPEAKER_00]: I was talking to a friend recently.
1:34
[SPEAKER_00]: Last week, who makes about $72,000 a year, and she told me something that broke my heart.
1:40
[SPEAKER_00]: She said, A.O.
1:42
[SPEAKER_00]: I feel like a complete financial,
1:47
[SPEAKER_00]: I make what everyone calls it, what she said, everyone calls it good salary, right?
1:53
[SPEAKER_00]: But I can barely save $200 a month.
1:56
[SPEAKER_00]: Sometimes she says, she feel guilty, buying a five-dollar coffee.
2:03
[SPEAKER_00]: And I told her the same thing that I'm going to tell you all today.
2:08
[SPEAKER_00]: If you're making what society calls good money, but she still feel broke,
2:13
[SPEAKER_00]: If you're wondering where all your money goes every single month, if you feel like you're doing everything right, but still can't get ahead, this video is gonna change everything for you.
2:26
[SPEAKER_00]: Listen, I need y'all to dial in and stay locked in on today's show.
2:29
[SPEAKER_00]: Because here's something that I discovered.
2:33
[SPEAKER_00]: a new study, a new study, just recently came out, I have a right here on my desk.
2:38
[SPEAKER_00]: Came out showing that families need almost $10,000 more this year just to live the same life they lived last year in 2024.
2:49
[SPEAKER_00]: That's $10,000 more.
2:55
[SPEAKER_00]: So by the end of today's show, you're going to understand exactly why your paycheck doesn't stretch like it used to.
3:03
[SPEAKER_00]: And more importantly, what you can do about it because we have to stop complaining about the White House, about Donald Trump, we have to get into a place to where we start taking control of our money.
3:17
[SPEAKER_00]: So I need y'all to hit that like button if you're ready for some truth and don't forget to hit that subscribe button because we're dropping this content every Monday and Wednesday and this year.
3:29
[SPEAKER_00]: I want to help families.
3:30
[SPEAKER_00]: I want to help you get out of consumer debt and change your financial future.
3:38
[SPEAKER_00]: So I want to start with some real talk.
3:44
[SPEAKER_00]: about what $70,000 actually means in your bank account.
3:52
[SPEAKER_00]: After we pay federal taxes, state taxes, Social Security, Medicare, you know all the stuff they don't teach you in school.
4:02
[SPEAKER_00]: You're gonna be taking home about $4,200 a month.
4:07
[SPEAKER_00]: I'm gonna write this down because I'm gonna be giving you all some math here today.
4:11
[SPEAKER_00]: Now, now check this out, society tells you that $70,000 is good money.
4:18
[SPEAKER_00]: Your parents probably think you're doing great.
4:22
[SPEAKER_00]: But here's the reality check.
4:24
[SPEAKER_00]: Nobody wants to give you.
4:26
[SPEAKER_00]: I've been helping people with their finances for years.
4:31
[SPEAKER_00]: And this is the number one complaint I hear, Anthony.
4:36
[SPEAKER_00]: I made decent money, but I still feel broke.
4:43
[SPEAKER_00]: It's not solely on you, it's not solely just your spending habits.
4:49
[SPEAKER_00]: It's not because you bought the latte last Tuesday.
4:54
[SPEAKER_00]: It's not because you went out to a Ruth Chris last Friday with your girl.
4:59
[SPEAKER_00]: No, honestly, the game has changed and nobody is really teaching you the new rules.
5:08
[SPEAKER_00]: I've said this to y'all before that the money space is a game, either you learn how to play it or you get played as a piece in the game.
5:20
[SPEAKER_00]: You see $70,000 back when I was growing up, used to mean something totally different.
5:25
[SPEAKER_00]: You was balling heck if I'm being real with you all, I remember getting happy making $28,000 a year.
5:35
[SPEAKER_00]: 17,000 dollars men, man, you could buy the cream in the crop house.
5:40
[SPEAKER_00]: And I was living in California at the time.
5:43
[SPEAKER_00]: You could say for retirement, you could take a vacation with your family without going into debt, but that was it.
5:56
[SPEAKER_00]: I was literally just having a conversation with my students over at Virginia Union, Yuck, and see the shirt.
6:00
[SPEAKER_00]: It's a little bit close to the y'all, but y'all see the view, a proud professor at Virginia Union University here in Richmond, Virginia.
6:08
[SPEAKER_00]: and my kids are in between 18 to 22.
6:12
[SPEAKER_00]: And we were talking about how, man, times have changed.
6:15
[SPEAKER_00]: I remember when I was spending 99 cents for a gallon of gas.
6:20
[SPEAKER_00]: I remember when I could fill up my gas tank for 10, 15.
6:23
[SPEAKER_00]: But I remember going to the movies and spending $3.25 for a Matt and A video.
6:29
[SPEAKER_00]: I remember making $5.25 an hour for the minimum wage.
6:33
[SPEAKER_00]: I remember the days when it was not expensive to live.
6:40
[SPEAKER_00]: but that was in.
6:42
[SPEAKER_00]: I remember four years ago, y'all, when a cost of living wasn't like this, but the game watched this, has changed, and the game is changing.
6:55
[SPEAKER_00]: Let me show you exactly what's happening with some numbers that are going to blow your mind.
7:01
[SPEAKER_00]: According to this new, to this new smart asset study,
7:06
[SPEAKER_00]: using MIT data, families need families, need $9,306 more in 2025, just to maintain their 2024 lifestyle.
7:12
[SPEAKER_00]: Instead of one more time, $9,360.
7:13
[SPEAKER_00]: That's almost $800 more every single month just to live the same life you lived last year.
7:38
[SPEAKER_00]: And if you're single, like myself, you need 5,844 dollars more than last year.
7:45
[SPEAKER_00]: That's almost $500 more every single month.
7:50
[SPEAKER_00]: But here's where it gets real crazy.
7:53
[SPEAKER_00]: In Colorado, where D on Sanders is.
7:57
[SPEAKER_00]: And this is just one example.
7:59
[SPEAKER_00]: A family of four needs 273,728 dollars to live comfortably.
8:07
[SPEAKER_00]: I'm set it one more time.
8:12
[SPEAKER_00]: 208 dollars, just to live in a comfortable situation.
8:20
[SPEAKER_00]: That's more than most people will make in their entire careers in one year.
8:28
[SPEAKER_00]: And that's just to live comfortably in one state.
8:31
[SPEAKER_00]: Meanwhile, the median income for people ages 25 to 34 is $58,500.
8:36
[SPEAKER_00]: For people 35 to 44, my age bracket is $69,264.
8:37
[SPEAKER_00]: Do you see the problem here?
8:38
[SPEAKER_00]: The cost of living is racing ahead like a Ferrari.
8:54
[SPEAKER_00]: and our paychecks are crawling behind like they're stuck in traffic.
9:01
[SPEAKER_00]: This be real.
9:02
[SPEAKER_00]: The problem is not just you.
9:04
[SPEAKER_00]: The problem is not just your spending habits.
9:06
[SPEAKER_00]: The problem is not you maxing out your credit card.
9:10
[SPEAKER_00]: No, part of this is because it's just not sustainable.
9:15
[SPEAKER_00]: It's not your fault.
9:21
[SPEAKER_00]: Some of y'all are saying,
9:25
[SPEAKER_00]: How did good money become barely getting by?
9:29
[SPEAKER_00]: It's systemic.
9:31
[SPEAKER_00]: It's not personal.
9:35
[SPEAKER_00]: This isn't about solely your spending habits or your financial discipline.
9:41
[SPEAKER_00]: This is about everything around you getting more expensive faster than your paycheck can keep up.
9:49
[SPEAKER_00]: groceries up housing way up insurance through the freaking roof gas don't even get me free and start a child care I don't have kids but mine as well be a mortgage payment when I see the prices health care I mean come on Final story.
10:10
[SPEAKER_00]: I found a story.
10:10
[SPEAKER_00]: I found a story.
10:12
[SPEAKER_00]: about a family, the millers, making $220,000 a year, $220,000 a year in their household income.
10:22
[SPEAKER_00]: And you know what?
10:23
[SPEAKER_00]: They're still financially stressed.
10:26
[SPEAKER_00]: They've got two kids, a mortgage, student owns, and they're filling the pinch just like you are.
10:33
[SPEAKER_00]: If a family making $220,000 a struggling, what does that tell you about the rest of us?
10:43
[SPEAKER_00]: It tells you that this problem is bigger than any individual personal choice.
10:50
[SPEAKER_00]: The system changed around us and we're trying to figure out how to survive in this new reality.
10:58
[SPEAKER_00]: What happens to your family if something happened to you?
11:03
[SPEAKER_00]: I'm asked out again.
11:04
[SPEAKER_00]: What happens to your family when something happens to you?
11:08
[SPEAKER_00]: You see, life insurance feels scary, it feels complicated, and even expensive.
11:13
[SPEAKER_00]: But here's the thing, it doesn't have to be anymore.
11:17
[SPEAKER_00]: Most of us are walking around with no life insurance policy, but we have a name brand item.
11:24
[SPEAKER_00]: Thinking, I'm young, I'm healthy, I got time.
11:28
[SPEAKER_00]: Family, I want to be honest with you, I'm so sorry.
11:30
[SPEAKER_00]: That's not faith.
11:32
[SPEAKER_00]: That is pure foolishness.
11:34
[SPEAKER_00]: Here's what I love about my friends already at those.
11:37
[SPEAKER_00]: They've made getting term life insurance 100% simple.
11:41
[SPEAKER_00]: No medical exams, no waiting weeks for approval.
11:44
[SPEAKER_00]: You can get a quote online in literally 10 minutes like myself and get approved the exact same day.
11:50
[SPEAKER_00]: We're talking coverage from $100,000 up to $2 million with absolutely no blood work for way less than what you actually think.
11:59
[SPEAKER_00]: Term life insurance.
12:00
[SPEAKER_00]: is pure protection at a fraction of the cost of whole life insurance.
12:05
[SPEAKER_00]: Look, a healthy 30-year-old can get a 500,000 policy for about 25,000 months.
12:11
[SPEAKER_00]: That's less than your Netflix and Spotify combined.
12:15
[SPEAKER_00]: Listen, your family deserves to be protected.
12:20
[SPEAKER_00]: don't leave them struggling to pay bills and funeral costs because you kept putting this off.
12:26
[SPEAKER_00]: While you're in heaven, smiling, your family's down here stressed because of your poor decisions.
12:32
[SPEAKER_00]: Let's stop playing games with your family's future.
12:35
[SPEAKER_00]: Get your free quote today in 10 minutes by going to AnthonyoNeo.com for Sasha Eatos.
12:41
[SPEAKER_00]: Again, go to AnthonyoNeo.com for Sasha Eatos and I promise you,
12:49
[SPEAKER_00]: You will feel way better and sleep better at night.
12:52
[SPEAKER_00]: All right, let's get back to today's show.
12:56
[SPEAKER_00]: Now that we understand, now that we understand the problem, let's talk about the solution.
13:01
[SPEAKER_00]: Because oftentimes I think sometimes we, specifically within the African American community, we'll highlight and we'll scream about the problem, but we will not sit down and talk about these solutions.
13:16
[SPEAKER_00]: And while we've highlighted this problem, there is a solution.
13:22
[SPEAKER_00]: And it starts right here.
13:24
[SPEAKER_00]: It starts in your mind.
13:28
[SPEAKER_00]: First thing you need to do.
13:30
[SPEAKER_00]: It stopped the shame spiral.
13:32
[SPEAKER_00]: Stop telling yourself, you're bad with money.
13:35
[SPEAKER_00]: Stop feeling guilty about struggling financially.
13:37
[SPEAKER_00]: When you make what you make, when you make what everyone else calls good money, stop blaming a white house, stop blaming her, stop blaming him, stop blaming, stop complaining.
13:50
[SPEAKER_00]: I'm gonna say this and I'm gonna say this with grace.
13:56
[SPEAKER_00]: You're not feeling good.
14:00
[SPEAKER_00]: The world has evolved.
14:04
[SPEAKER_00]: The system has changed around all of us.
14:08
[SPEAKER_00]: The rules of the game are different now and nobody sent you the update of playbook.
14:15
[SPEAKER_00]: But here's what I know about the people within my community.
14:18
[SPEAKER_00]: We're here.
14:19
[SPEAKER_00]: God still woke us up this morning.
14:22
[SPEAKER_00]: Nothing new is happening underneath the sun and here's the truth.
14:26
[SPEAKER_00]: And this is the spiritual side of me.
14:28
[SPEAKER_00]: God will never put more on us than what we can handle.
14:34
[SPEAKER_00]: So you watching this video right now.
14:38
[SPEAKER_00]: means that you have not given up.
14:40
[SPEAKER_00]: Means that there's still this hope inside of you.
14:42
[SPEAKER_00]: Means that you know an Anthony, I want to get the information.
14:45
[SPEAKER_00]: And you're looking for answers.
14:47
[SPEAKER_00]: And that tells me everything I need to know about you and your character.
14:53
[SPEAKER_00]: We cannot control inflation.
14:55
[SPEAKER_00]: We can't control housing costs.
14:57
[SPEAKER_00]: We can't control the gas prices, but we can't control our responses.
15:02
[SPEAKER_00]: We can't control how we adapt.
15:04
[SPEAKER_00]: We can't control how we play this new game.
15:09
[SPEAKER_00]: If you read my book, take your seat at the table, my father taught me something.
15:14
[SPEAKER_00]: Adept, adjust and overcome.
15:17
[SPEAKER_00]: How we adapt, how we adjust, and how we overcome with these new rules, with this new game determines how our future looks.
15:31
[SPEAKER_00]: The old financial advice, some of it is not working anymore on Beyond Switching.
15:36
[SPEAKER_00]: We need 20, 25, and beyond strategies for 20, 25, and beyond problems.
15:43
[SPEAKER_00]: And that's exactly what I'm gonna give you right now.
15:47
[SPEAKER_00]: I'll call this the Anthony O'Neill Action Plan.
15:51
[SPEAKER_00]: Step one is we gotta have an emergency audit that should be up on the screen.
16:00
[SPEAKER_00]: We're doing an emergency financial audit.
16:03
[SPEAKER_00]: And I mean this, an emergency, like your financial life depends on it because it does for the next 30 days.
16:11
[SPEAKER_00]: I want you to track every single dollar.
16:14
[SPEAKER_00]: Actually, I want to go deeper.
16:15
[SPEAKER_00]: I want you to track every single penny.
16:20
[SPEAKER_00]: Not just the big stuff, everything.
16:23
[SPEAKER_00]: That $2.50, you spent for parking.
16:26
[SPEAKER_00]: That toward all of you spent for lunch, that 50 cents you gave your son of your daughter, that subscription you forgot about, you cannot manage what you do not measure.
16:40
[SPEAKER_00]: Here's the key, here's the key, yo, here's the key.
16:43
[SPEAKER_00]: We're not just tracking to shame our sellers.
16:47
[SPEAKER_00]: We're tracking the find, the inflation hits.
16:57
[SPEAKER_00]: what has changed, where are the increases?
17:02
[SPEAKER_00]: What's hitting us the hardest is it groceries?
17:06
[SPEAKER_00]: Is it our rent?
17:08
[SPEAKER_00]: Is it your car payment?
17:10
[SPEAKER_00]: Is it your child care?
17:13
[SPEAKER_00]: And here's something that most people never do.
17:18
[SPEAKER_00]: Calculate your real hourly or salary, salary rate wages.
17:26
[SPEAKER_00]: Take your salary, subtract your taxes, then subtract everything it costs you to work.
17:35
[SPEAKER_00]: Your commute, your work clothes, your lunches, your parking if you're living in a big city.
17:43
[SPEAKER_00]: What are you really earning per hour per week per month?
17:51
[SPEAKER_00]: And here's the truth, when I started calculating,
17:55
[SPEAKER_00]: Even at my level now, okay, I got to get up, I got to pay my my girls, Morgan and India to give me different shirts, styling shirts.
18:05
[SPEAKER_00]: So I'm not wearing the same shirt every single show because the truth of the fact is, if I could, I would wear the same shirt every single show.
18:15
[SPEAKER_00]: Okay, the gas that gets me to come here, that's the staff that I gotta pay, the building fee that I paid for this, the lighting internet, like I want to know, okay, how much is Anthony O'Neill really profiting?
18:29
[SPEAKER_00]: And here, I'm gonna be honest with you, this number might shock you.
18:34
[SPEAKER_00]: But it's going to motivate you, honestly, to make some changes.
18:39
[SPEAKER_00]: When we know the actual numbers, we can make better decisions with our money.
18:47
[SPEAKER_00]: Whether you're making 40,000 a year or 40,000, a quarter or 40,000 dollars a month, when you know your actual numbers, you start to move differently.
19:02
[SPEAKER_00]: My team, because I know my numbers, my team is honestly scared to come to me to ask me for money.
19:09
[SPEAKER_00]: because they just know I know down to every penny now.
19:12
[SPEAKER_00]: Wait, wait, if I know I made this amount of money a month, profit, this amount of money, a week profit, this amount of money, a day profit, this amount of money, an hour profit.
19:22
[SPEAKER_00]: If I buy that, it's going to go into that.
19:25
[SPEAKER_00]: I don't know if I want to do that.
19:29
[SPEAKER_00]: This is not about penny pinching.
19:32
[SPEAKER_00]: This is about knowing your numbers, having it on a sheet of paper and knowing exactly what's going on.
19:38
[SPEAKER_00]: You can't be living with your girlfriend.
19:40
[SPEAKER_00]: You can't be living with your boyfriend trying to act like everything's cool and you don't know what you're doing.
19:48
[SPEAKER_00]: Bob was me in my homeboys, coming to me, complaining, my girl, she went this and she went that.
19:52
[SPEAKER_00]: So I just put on the credit card and they were number round and I was like, oh baby, we gotta go ahead and do this, but then they struggling and they stressed behind closed doors.
20:00
[SPEAKER_00]: No, sit down with your woman, brother.
20:03
[SPEAKER_00]: Sit down with your man, sister.
20:05
[SPEAKER_00]: And say, you know what, what are we honestly making?
20:10
[SPEAKER_00]: If you live in Wichita Boyfriend New Girlfriend, sit down and have an emergency financial audit.
20:16
[SPEAKER_00]: Have the hard conversation, husband, wife, boyfriend, girlfriend, single person.
20:22
[SPEAKER_00]: Alright, family, let me keep it real with you for a quick minute here.
20:27
[SPEAKER_00]: Hmm, most career chain programs, they promise you the world, they didn't leave you hanging, but this QA bootcamp, I'm about to tell you about, and be real to a friend, is gonna take about 20 weeks of hard work studying after your day job, pushing through when you want to quit.
20:44
[SPEAKER_00]: But this is the fastest most legit path I've found to go from, whatever you're making now, to 85,000 dollars plus, working from home and tech.
20:55
[SPEAKER_00]: 100% no-coding required.
20:57
[SPEAKER_00]: See, careers has over 1,300 graduates, not working for companies like Google, Apple, Amazon, even Disney.
21:04
[SPEAKER_00]: Their program is ranked number one by course report and here's what I love You don't just train you and leave and they coach you until you actually get a job You see one of my friends Mike went from working 90 hours a week making 63,000 dollars a year to making 98,000 dollars Plus in commission working from home Sarah single mom went from retail to 95,000 dollars a year as a QA supervisor
21:26
[SPEAKER_00]: These are not special people.
21:28
[SPEAKER_00]: They just made a decision to stick to it for 20 weeks and it changed their life.
21:32
[SPEAKER_00]: The US Bureau Labor Statistics Project set there will be a 25% growth in QA jobs by 2032.
21:38
[SPEAKER_00]: And companies are in desperate need of QA professionals because when their system goes down, they lose millions.
21:45
[SPEAKER_00]: So if you're tired of being underpaged,
21:47
[SPEAKER_00]: and you want a recession proof career that lets you work from anywhere, not just home but even on the beach, do not wait.
21:54
[SPEAKER_00]: Every day you delay is another day someone else is getting the training you need.
22:00
[SPEAKER_00]: Once you're busy at anthonyoneau.com for us as QA, again, that is anthonyoneau.com for us as QA, the sign up today.
22:07
[SPEAKER_00]: Let's more change your life, our promise you.
22:11
[SPEAKER_00]: It was this!
22:13
[SPEAKER_00]: Here's step two!
22:15
[SPEAKER_00]: Some of us need to have a strategic downsides.
22:19
[SPEAKER_00]: Oh, just number two, y'all, I don't think they're gonna like this one.
22:22
[SPEAKER_00]: They ain't gonna like this one.
22:24
[SPEAKER_00]: They ain't gonna like this one.
22:25
[SPEAKER_00]: Did he just say, I got a downsides?
22:27
[SPEAKER_00]: I sure did.
22:29
[SPEAKER_00]: You see, strategic downsizing.
22:33
[SPEAKER_00]: Notice I didn't say cut everything and live like a monk.
22:37
[SPEAKER_00]: No, I said strategic.
22:40
[SPEAKER_00]: You see, wealthy individuals build their wealth
22:47
[SPEAKER_00]: If you're going to build a business, there's a strategy to it.
22:53
[SPEAKER_00]: One of the things, one of the things that I love about one of my close friends, Pastor Stephen Chandler and Zai Chan who's built, I believe the best church in the whole world called Union Church.
23:05
[SPEAKER_00]: Union Church, I first met Stephen when he was in a middle school or high school.
23:09
[SPEAKER_00]: I can't remember if it was a middle school or high school.
23:11
[SPEAKER_00]: I think it was a middle school, but it could have been a high school.
23:14
[SPEAKER_00]: I think maybe he had maybe 400 members, maybe 400 members actually in the seat.
23:21
[SPEAKER_00]: But one of the things that I love about my friend and my pastor that I've learned from him is strategy.
23:29
[SPEAKER_00]: He's a phenomenal communicator, a phenomenal communicator.
23:32
[SPEAKER_00]: But where he wins that is strategy.
23:36
[SPEAKER_00]: If we're going to go from 400 to now, he's about 20,000 people, buts and sees.
23:42
[SPEAKER_00]: He's a numbers, members feel like, no, no, no.
23:45
[SPEAKER_00]: My church, man, they count how many people
23:49
[SPEAKER_00]: came to church between all their services.
23:51
[SPEAKER_00]: And between all their services, he's seeing around 20,000 people every single Sunday.
23:57
[SPEAKER_00]: And he didn't do it because watch this, he can preach like a bishop, jakes, or preach, like a dairy, a sandwich, no, no, no.
24:04
[SPEAKER_00]: He did it because he's a phenomenal communicator, because he loves God, but watch this because of strategy.
24:12
[SPEAKER_00]: There is a strategy to everything.
24:20
[SPEAKER_00]: Oh my gosh, this ain't Bible, but I'm going to put it in there.
24:24
[SPEAKER_00]: You give some make room for you, but strategy would keep you inside that, oh my gosh, let me go on.
24:30
[SPEAKER_00]: Let's start with housing.
24:34
[SPEAKER_00]: If your housing costs rent, mortgage, insurance and utilities are over 35% of your take home pay, we need to change this strategy.
24:45
[SPEAKER_00]: We need to change this strategy.
24:46
[SPEAKER_00]: If you're a single person and you're and those things are 50% 60% of your pay are maybe we need to move.
24:53
[SPEAKER_00]: Maybe we need to consider a roommate.
24:57
[SPEAKER_00]: Maybe we need to go into an area that is less expensive.
25:04
[SPEAKER_00]: Maybe that is downsizing.
25:07
[SPEAKER_00]: But we do need a plan.
25:11
[SPEAKER_00]: Just nothing wrong with downsizing.
25:15
[SPEAKER_00]: Hey, even a part of me as a man, do I need a 6000 square foot home?
25:21
[SPEAKER_00]: I'm not hurting from money, but I see that this world is changing.
25:26
[SPEAKER_00]: And I'm looking at all of my options.
25:30
[SPEAKER_00]: Downsized doesn't mean that you're feeling it means that you're strategic.
25:36
[SPEAKER_00]: Transportation, let's talk about it.
25:43
[SPEAKER_00]: That is almost like a second mortgage.
25:45
[SPEAKER_00]: You're paying $600, $700, $800 a month with y'all.
25:48
[SPEAKER_00]: No my philosophy.
25:49
[SPEAKER_00]: I don't do consumer debt.
25:52
[SPEAKER_00]: We need to have a conversation about what transportation actually costs you versus what is it worth.
25:59
[SPEAKER_00]: On one of my shows here previously, y'all saw my told a couple when they came in and said, man, you need to sell the car.
26:08
[SPEAKER_00]: It's 30,000 dollars in debt.
26:09
[SPEAKER_00]: You all gotta pay it for a car.
26:11
[SPEAKER_00]: You have a baby on the way, which, by the way, she had her baby.
26:16
[SPEAKER_00]: Congrats.
26:18
[SPEAKER_00]: Sell the car.
26:19
[SPEAKER_00]: It puts money back in your pocket, gets you closer to financial freedom, now you have more money to sell into your children.
26:27
[SPEAKER_00]: Let's talk about subscriptions.
26:30
[SPEAKER_00]: Death by thousands, small changes.
26:36
[SPEAKER_00]: September one time, death by a thousand small changes, Netflix Spotify, the gym membership you have not been to in the last six months, that app you downloaded and you've totally forgot about it, just recently I subscribed to an AI software at $99 a month and I forgot that I tried it out.
27:01
[SPEAKER_00]: And I saw it come through my email and I was so upset because I was like, oh, I just spent the hundred dollars like what in the world like, no, I'm not even used.
27:07
[SPEAKER_00]: I haven't even used this thing in like four months.
27:12
[SPEAKER_00]: I'm slipping, and I'm the money guy.
27:13
[SPEAKER_00]: So I know if I'm slipping, half a y'all need to go through your bank statement and counsel everything you don't actively use and you love.
27:26
[SPEAKER_00]: Listen, this is not about living a miserable life.
27:32
[SPEAKER_00]: This is about being intentional with every single dollar, so you can build the life you actually want and enjoy.
27:41
[SPEAKER_00]: I am at a season of life, to where I built the life that I can actually enjoy.
27:48
[SPEAKER_00]: I built the life that when I wake up, I'm not waking up with stress, but it's also because I am managing my money very well.
28:01
[SPEAKER_00]: have a golf coach.
28:02
[SPEAKER_00]: I have a nutrition and health coach.
28:04
[SPEAKER_00]: I'm able to travel and go on vacations.
28:06
[SPEAKER_00]: I'm actually about the sign-up for a piano coach so I can learn how to play the piano better.
28:11
[SPEAKER_00]: Why is because I'm managing and I'm making sure that I'm not spending money on things that I do not need and I do not desire.
28:22
[SPEAKER_00]: I'm budgeting, I'm writing down what I'm spending my money on so that way I can get rid of the fluff, get rid of the things that I don't desire, cut back on things so I can invest in things that brings peace and joy.
28:38
[SPEAKER_00]: Which these been to number three, because I can't do those things if I'm not making money.
28:46
[SPEAKER_00]: Which is step number three, income acceleration.
28:51
[SPEAKER_00]: You see, income acceleration is needed, because sometimes the problem isn't just what we're spending.
28:58
[SPEAKER_00]: If you all have been following me for a while, you understand when I say this, it's income flows two ways.
29:02
[SPEAKER_00]: It flows two ways.
29:03
[SPEAKER_00]: It flows in and it flows out.
29:08
[SPEAKER_00]: So a lot of us right now is not the fact that we're honestly putting out a lot of money.
29:13
[SPEAKER_00]: It's the fact that we don't have more than enough coming in.
29:19
[SPEAKER_00]: So the problem, not the problem, but step three is about, how do we make more money?
29:25
[SPEAKER_00]: How do we have more money coming in?
29:28
[SPEAKER_00]: But I'm not just talking about any side hustle.
29:33
[SPEAKER_00]: I'm talking about strategic income streams that actually move the needle.
29:40
[SPEAKER_00]: What skills do you have that people will pay for?
29:44
[SPEAKER_00]: What problems can you solve?
29:47
[SPEAKER_00]: What do you know that others want to learn?
29:51
[SPEAKER_00]: What boot camp can you go to like like a career is and get into the tech field that you can be working from home, making six figures a year, but you only pay maybe a couple of thousand dollars ago to this boot camp.
30:05
[SPEAKER_00]: Now you pay a couple of thousand, but your art role I was, what a six-figure situation.
30:12
[SPEAKER_00]: Maybe you're good with social media.
30:14
[SPEAKER_00]: Businesses need help with that.
30:17
[SPEAKER_00]: Maybe you're like me.
30:18
[SPEAKER_00]: Maybe you have a 10% edge.
30:21
[SPEAKER_00]: And maybe you can teach courses and maybe you can teach something via a course.
30:29
[SPEAKER_00]: Let me pause right there because in today's day in time, a lot of people frown on course people.
30:34
[SPEAKER_00]: And what I've learned is people who frown on people who teach.
30:38
[SPEAKER_00]: I guess you're frowning on professors, you're frowning on school teachers.
30:43
[SPEAKER_00]: Because if you have learned something, if you have built something over the last 10, 15, 20 years and you have seen fruit from what you're doing, man, go teach it somewhere.
30:56
[SPEAKER_00]: My friend, AB Poor, Phil, is honestly launching her course thing to where you can learn how to build a course and sell it for 20 bucks, 30 bucks, 100 bucks.
31:05
[SPEAKER_00]: Whatever you want, because you had that 10% edge, we're gonna put that inside the show notes.
31:09
[SPEAKER_00]: Because we need to be strategic on how do we produce extra income?
31:17
[SPEAKER_00]: Maybe you're good at organizing.
31:20
[SPEAKER_00]: People will pay you for organizing services.
31:23
[SPEAKER_00]: I paid my home girls, Morgan and India, to come in and organize my closet.
31:29
[SPEAKER_00]: I paid them like a thousand dollars to do that.
31:32
[SPEAKER_00]: And it feels so good as me walking into my closet, knowing where my jeans are, I can go.
31:37
[SPEAKER_00]: I can walk into my closet with the lights off.
31:40
[SPEAKER_00]: I know where my dark blue jeans are because they're so organized.
31:46
[SPEAKER_00]: Maybe you know Excel really well.
31:48
[SPEAKER_00]: You can teach that.
31:50
[SPEAKER_00]: Maybe you can write or edit or design or fix things.
31:55
[SPEAKER_00]: Your skills are worth more than you think, but you have to package them and mark it them like they actually matter.
32:05
[SPEAKER_00]: And if you're employed, we need to talk about negotiating your salary.
32:11
[SPEAKER_00]: And this economy, if you're not asking for raises, you're essentially taking a pay cut every year because of inflation.
32:20
[SPEAKER_00]: I have a pay raise.
32:22
[SPEAKER_00]: PDF is about 30 pages long.
32:24
[SPEAKER_00]: We're going to put that inside of today's show notes.
32:28
[SPEAKER_00]: It's going to walk you through, how do you negotiate?
32:30
[SPEAKER_00]: How do you to bring up the conversation?
32:32
[SPEAKER_00]: That's not a turn off to you employer.
32:34
[SPEAKER_00]: And say, hey, listen, this is what I brought to the table.
32:37
[SPEAKER_00]: This is what I have accomplished this year.
32:41
[SPEAKER_00]: Can I get a pay raise?
32:45
[SPEAKER_00]: Listen.
32:49
[SPEAKER_00]: If you can do those three things now, it's gonna position you to build wealth, the long term.
32:59
[SPEAKER_00]: As I'm in today's show, I wanna talk about long term wealth strategies.
33:05
[SPEAKER_00]: Because we're not just trying to survive this month.
33:11
[SPEAKER_00]: Oftentimes, I would hear people say, you know what, as long as I can just get to the mom, it's like, we only wanna live for today.
33:17
[SPEAKER_00]: We only wanna live for this month.
33:20
[SPEAKER_00]: Now, y'all know about y'all.
33:21
[SPEAKER_00]: I'm trying to build well for the future.
33:25
[SPEAKER_00]: I'm trying to build well for my kids future.
33:30
[SPEAKER_00]: And let me be honest with you.
33:32
[SPEAKER_00]: I've done a show in this, man.
33:33
[SPEAKER_00]: It's already like 300 something that I'm subscribers.
33:36
[SPEAKER_00]: If you're going to build long-term work, wealth, sometimes it is about your location.
33:45
[SPEAKER_00]: Sometimes the solution is your location.
33:51
[SPEAKER_00]: I get it, California has beautiful weather.
33:53
[SPEAKER_00]: I get it, Florida has beautiful weather.
33:56
[SPEAKER_00]: I get it, New York gives you that city vibe.
33:58
[SPEAKER_00]: I get it.
34:01
[SPEAKER_00]: But if you can work remotely for a season, or if you can find similar work and a lower cost of living area, that might be the fastest path to financial breathing room.
34:14
[SPEAKER_00]: I call that margin.
34:16
[SPEAKER_00]: One of the things I'm teaching my students right now in class this night, man,
34:22
[SPEAKER_00]: Your number one thing is not location, and watch is not even about the salary.
34:29
[SPEAKER_00]: It is about margin.
34:33
[SPEAKER_00]: If this is your income, your expenses are down here, what is in between margin?
34:42
[SPEAKER_00]: And I teach this to my young kids.
34:43
[SPEAKER_00]: I'm like, listen, I want you to do the math.
34:47
[SPEAKER_00]: Do the research.
34:48
[SPEAKER_00]: If you can move to South Dakota and stay there for two years, get a jar of paying you $75,000, but your living expenses is only about $25,000.
34:59
[SPEAKER_00]: That means you have $50,000 in margin.
35:03
[SPEAKER_00]: How do we stack that?
35:04
[SPEAKER_00]: How do we save that?
35:05
[SPEAKER_00]: How do we put that into an investment portfolio?
35:07
[SPEAKER_00]: Say this portfolio for two, three years.
35:11
[SPEAKER_00]: Then by the time you turn 25, 26 years old, you've got $25,000 inside of a savings account.
35:18
[SPEAKER_00]: You've got some investments already inside of investment portfolio.
35:22
[SPEAKER_00]: I'm teaching good here.
35:25
[SPEAKER_00]: You've got experience in your career field to where now, you can go somewhere and they pay you more money, but your living expenses is down.
35:33
[SPEAKER_00]: You don't have any debt.
35:35
[SPEAKER_00]: Now, maybe not make it a California, maybe we can make it in Atlanta.
35:39
[SPEAKER_00]: Maybe we can now make it in Virginia, close to the D.C.
35:44
[SPEAKER_00]: Maybe now we can go to Baltimore.
35:46
[SPEAKER_00]: Maybe now we can go to on the outskirts of Dallas, Texas, on the outskirts of Houston, Texas.
35:53
[SPEAKER_00]: We can get close to where we want to go, because we were willing to do.
35:59
[SPEAKER_00]: Ah, one of my friends, my mentor, back in the days, Dave Ramsey said, a lot of people do not want to live like no one else.
36:09
[SPEAKER_00]: So that one day they can live like no one else.
36:12
[SPEAKER_00]: So we wanna live like everyone else and struggle like everyone else and we refuse to live like no one else.
36:19
[SPEAKER_00]: So that one day we cannot only just live but we can give like no one else.
36:32
[SPEAKER_00]: Margin is that bread and butter.
36:35
[SPEAKER_00]: Margin is that bread and butter.
36:38
[SPEAKER_00]: Every single month, I'm looking at how much margin am I creating for myself?
36:44
[SPEAKER_00]: We've recently had some transitions from my team, and I told my staff here, I'm not hiring the one else.
36:53
[SPEAKER_00]: That just created more margin for me.
36:56
[SPEAKER_00]: Like, I feel the economy shifting.
37:00
[SPEAKER_00]: I haven't had a fire anybody in the last four years.
37:04
[SPEAKER_00]: Not because of money.
37:07
[SPEAKER_00]: But money is fluctuating.
37:09
[SPEAKER_00]: It's going up, it's going out.
37:11
[SPEAKER_00]: It's going up, it's going out.
37:12
[SPEAKER_00]: But my team, my staff, has never felt it.
37:16
[SPEAKER_00]: Anthony O'Neill has felt it because I get paid off of the bottom line.
37:21
[SPEAKER_00]: But I'm always looking at margin and watch this because I keep our margins so locked in.
37:27
[SPEAKER_00]: None of my staff members.
37:28
[SPEAKER_00]: None of my contractors has ever felt it.
37:31
[SPEAKER_00]: I've never missed a paycheck.
37:33
[SPEAKER_00]: I've never been late on a paycheck.
37:37
[SPEAKER_00]: Watch this.
37:38
[SPEAKER_00]: I have not even had to go into my personal savings to pay them.
37:44
[SPEAKER_00]: Because I keep a lot going margin.
37:48
[SPEAKER_00]: and I am not living above my knees.
37:50
[SPEAKER_00]: So it's leads me to the second thing if we're gonna really build well long-term, right?
37:53
[SPEAKER_00]: We need to talk about investing.
37:55
[SPEAKER_00]: Even when you feel like you have nothing to invest, I still need you to open up a MoMo app and I need you to invest $25.
38:02
[SPEAKER_00]: I need you to put $50 in there.
38:05
[SPEAKER_00]: The key is starting.
38:07
[SPEAKER_00]: Because time is your biggest advantage when it comes to wealth building over a long term.
38:13
[SPEAKER_00]: And here's the third one, as we in today show, you gotta have multiple, and I mean, it's multiple streams of income.
38:21
[SPEAKER_00]: The new American Dream requires multiple revenue sources.
38:25
[SPEAKER_00]: Your job, side hustle, investments, and even some passive income.
38:31
[SPEAKER_00]: You can't rely solely on your job.
38:34
[SPEAKER_00]: And I tell that to my team all day long because at the end of the day, if life happens, Anthony will never always be paid.
38:45
[SPEAKER_00]: And if you don't own it, if you don't have another source of income, you never put all of your trust into me.
38:52
[SPEAKER_00]: I'm gonna do the very best that I shimantly possibly can.
38:58
[SPEAKER_00]: But my responsibility is not taking care of your family.
39:01
[SPEAKER_00]: My responsibility is taking care of me and my family.
39:05
[SPEAKER_00]: But also, starting your job and your situation, the best way I possibly can.
39:12
[SPEAKER_00]: But your family, your livelihood, is on you.
39:15
[SPEAKER_00]: Go get another side hustle.
39:19
[SPEAKER_00]: Go do something to where if something was happening here, you got other sources of income coming in.
39:26
[SPEAKER_00]: You cannot rely, y'all, on solely one source of income.
39:31
[SPEAKER_00]: I know that sounds overwhelming, I know it, but remember, you don't have to do everything at once.
39:38
[SPEAKER_00]: Pick one thing, master it, and then add the next thing.
39:43
[SPEAKER_00]: Progress over perfection.
39:47
[SPEAKER_00]: Listen, millions of Americans are facing this exact same challenge right now.
39:54
[SPEAKER_00]: People making 50,000, 70,000, 100,000, heck, even $200,000, heck, even millionaires were all trying to figure out how to make it work in today's new economy.
40:09
[SPEAKER_00]: But let me encourage you.
40:11
[SPEAKER_00]: There's people winning.
40:16
[SPEAKER_00]: Let me end with this story.
40:17
[SPEAKER_00]: Where are my good friends, Sarah?
40:21
[SPEAKER_00]: She reached out to me six months ago and she was making $65,000 and feeling completely broke.
40:28
[SPEAKER_00]: She was embarrassed.
40:31
[SPEAKER_00]: Thought she was felony.
40:34
[SPEAKER_00]: Or is that yours?
40:35
[SPEAKER_00]: What's I'm a felony good dog?
40:38
[SPEAKER_00]: But after implementing some of these strategies that I taught you all today, the audit, the strategic downside.
40:44
[SPEAKER_00]: She was living in a three-bed room town hall, moved into a one-bed room apartment.
40:53
[SPEAKER_00]: The income acceleration.
40:55
[SPEAKER_00]: She's now saving close to about now about 750 dollars a month.
41:00
[SPEAKER_00]: And she feels in control of her money for the first time in years.
41:09
[SPEAKER_00]: Some of y'all been saying Anthony, $750 a month.
41:11
[SPEAKER_00]: That's not a lot of money.
41:12
[SPEAKER_00]: Yes it is.
41:14
[SPEAKER_00]: If you can save $750 this month, $750 next month, you just put $1,500 in the savings.
41:23
[SPEAKER_00]: The following month, you got $2,200 in the savings.
41:26
[SPEAKER_00]: Before you know, you got $5,000 in the savings.
41:29
[SPEAKER_00]: And if I'm not mistaken, the numbers are still there.
41:32
[SPEAKER_00]: 60% of the people in America can't afford to save $1,000.
41:40
[SPEAKER_00]: The difference wasn't that she suddenly became better with money.
41:44
[SPEAKER_00]: The difference was that she understood the game.
41:48
[SPEAKER_00]: She made some changes.
41:50
[SPEAKER_00]: And she learned how to play by the new rules in 2025.
41:55
[SPEAKER_00]: Listen, your financial future is still bright.
42:00
[SPEAKER_00]: Your financial future is still bright.
42:03
[SPEAKER_00]: I almost never wanted to.
42:05
[SPEAKER_00]: Because I think a lot of us are feeling discouraged.
42:07
[SPEAKER_00]: A lot of us are feeling hurt.
42:08
[SPEAKER_00]: A lot of us are like, yo, what in the heck am I going to do?
42:12
[SPEAKER_00]: Your financial future is still bright.
42:17
[SPEAKER_00]: Every generation has faced economic challenges.
42:22
[SPEAKER_00]: our parents that with crazy interest rates and 80s.
42:26
[SPEAKER_00]: Our grandparents live through the great depression.
42:30
[SPEAKER_00]: Every generation finds a way to adapt to adjust and to overcome.
42:37
[SPEAKER_00]: And you know what?
42:38
[SPEAKER_00]: You have the advantages that previous generations never had.
42:43
[SPEAKER_00]: You have access to information.
42:45
[SPEAKER_00]: You have access to online education.
42:48
[SPEAKER_00]: You have access to a community.
42:50
[SPEAKER_00]: of a million plus people right here on YouTube, on podcasts.
42:57
[SPEAKER_00]: You have access to global markets.
43:00
[SPEAKER_00]: You have access to side hustles that didn't exist 20 years ago.
43:04
[SPEAKER_00]: You have access to AI.
43:08
[SPEAKER_00]: You we have the ability to learn any skill on YouTube, on boot camps like careerists,
43:16
[SPEAKER_00]: We have the access now to start a business today from our laptops, from our cell phones.
43:22
[SPEAKER_00]: So come up with excuses and say, and I cannot do it, it's lame.
43:30
[SPEAKER_00]: The greatest enemy to our success is our excuse.
43:37
[SPEAKER_00]: Make the right decision today.
43:40
[SPEAKER_00]: Go back, watch this show again.
43:43
[SPEAKER_00]: Do what I taught, and I promise you, you'll be alright.
43:48
[SPEAKER_00]: You're not behind, you're not failing, you're adapting to a new reality.
43:53
[SPEAKER_00]: We all are, and that takes on.
43:56
[SPEAKER_00]: But you're gonna figure this out.
44:00
[SPEAKER_00]: Stay locked in, keep coming back every Monday, every Wednesday, and I promise you.
44:07
[SPEAKER_00]: We're going to get you out of the red and end to the black and building a legacy that you'll be proud of.
44:15
[SPEAKER_00]: When you turn 80, 90 years old, and you're seeing your children, your family, and your community building off of what you've built.
44:24
[SPEAKER_00]: Listen, I love you.
44:25
[SPEAKER_00]: Please hit that thumbs up if you made it all over to the end of this.
44:29
[SPEAKER_00]: I'll see you in the next one.