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Black Fridays Special - Why Managing Money Matters More Than Ever! w/ Grace Moore (Moore Grace Solutions) · Black Fridays: Business Growth for Entrepreneurs, Creators & Professionals

• 0:00
  [SPEAKER_03]: the world shut down.
• 0:01
  [SPEAKER_03]: Now what are we doing with our finances?
• 0:03
  [SPEAKER_03]: People who weren't managing their money, now they literally have nothing, now the income is not coming in.
• 0:09
  [SPEAKER_03]: Well how do we get past that point of the check that check?
• 0:12
  [SPEAKER_03]: How do we have a rainy day fund or an emergency fund set up?
• 0:16
  [SPEAKER_03]: And once I started learning about how I can teach that within our community, it was a done deal for me.
• 0:41
  [SPEAKER_01]: What up, Bill Black Friday's family.
• 0:43
  [SPEAKER_01]: We are tapping in from the Black Tech Saturdays co-working day today.
• 0:47
  [SPEAKER_01]: And I'm doing what I'm calling pop up podcasts.
• 0:50
  [SPEAKER_01]: And I'm doing interviews with people who are some of the founders, entrepreneurs that are stopping by to co-work, work on their business, share some knowledge and get some knowledge as well.
• 0:59
  [SPEAKER_01]: So now I am sitting here with Ms.
• 1:01
  [SPEAKER_01]: Grace, how are you today?
• 1:02
  [SPEAKER_03]: I'm great and grateful though, how are you?
• 1:04
  [SPEAKER_01]: I'm doing pretty well and tell me more about your business because this is something that we talked about a little bit before we started recording and where you are actually investing in our elderly and making sure that they are financially not well secure and then also financially savvy as well because sometimes that's a forgotten population so if you could tell us a little bit more about your business and the work that you've been doing over the years.
• 1:31
  [SPEAKER_03]: Yeah, absolutely so what we do at more gray solutions is that we meet people where they are with grace when it comes to their finances.
• 1:38
  [SPEAKER_03]: We weren't always taught how to deal with our money in school.
• 1:42
  [SPEAKER_03]: So some of us were skipped over and we get into the senior space and now that everything has evolved into technologies.
• 1:49
  [SPEAKER_03]: how do I manage my money now?
• 1:51
  [SPEAKER_03]: I don't have access to my bank statements monthly.
• 1:54
  [SPEAKER_03]: So we help our seniors and our veterans with daily money management.
• 1:58
  [SPEAKER_03]: We help them get out of the rat race of the overdraft fees and different things like that.
• 2:03
  [SPEAKER_03]: So we help build credit across all platforms.
• 2:06
  [SPEAKER_03]: But my niche is really the focus on helping our seniors be able to, when it's time for them to transition, they're able to do it with dignity.
• 2:14
  [SPEAKER_01]: very nice and what you got you into that we got you into finances and financial layers.
• 2:19
  [SPEAKER_03]: So the trip I managed with in casinos right here in the state of Michigan, the city of Detroit for collectively about 17 years.
• 2:34
  [SPEAKER_03]: And I watch people constantly giving their money, but we weren't passing down anything, we weren't saving, we weren't investing.
• 2:44
  [SPEAKER_03]: And that's what sparked my interest, literally during COVID, you know, casino shut down, everything, the world shut down.
• 2:51
  [SPEAKER_03]: Now, what are we doing with our finances?
• 2:53
  [SPEAKER_03]: People who weren't managing their money, now they literally have nothing, now that income is not coming in.
• 2:59
  [SPEAKER_03]: Well, how do we get past that point of the check that check?
• 3:02
  [SPEAKER_03]: How do we have a rainy day fund or an emergency fund set up?
• 3:06
  [SPEAKER_03]: And once I started learning about how I could teach that within our community, it was a done deal for me.
• 3:11
  [SPEAKER_01]: So how do I, so you mentioned that you worked in Cassino's for a while?
• 3:15
  [SPEAKER_01]: How do I win a Black Jack?
• 3:16
  [SPEAKER_01]: How do I win a Black Jack?
• 3:17
  [SPEAKER_01]: That was just great to be.
• 3:19
  [SPEAKER_01]: Because I didn't, I didn't came up on a couple hundred dollars at Black Jack and I stayed at that table a little bit too long and then the next thing I know my money was gone.
• 3:26
  [SPEAKER_03]: So let me tell you this.
• 3:27
  [SPEAKER_03]: So when you get that, when you get that win, some of us, I'm on the road.
• 3:32
  [SPEAKER_03]: I'm a stay in it.
• 3:33
  [SPEAKER_03]: I'm a stay in it.
• 3:34
  [SPEAKER_03]: I want you to stay in it, just lock it up to you know, when you say, oh, I'm a keep going, that's when you start.
• 3:40
  [SPEAKER_03]: That's when you start pulling it out.
• 3:41
  [SPEAKER_01]: Okay.
• 3:42
  [SPEAKER_01]: Now what about when they switched?
• 3:43
  [SPEAKER_01]: So what happened to me last time they switched dealers on me?
• 3:46
  [SPEAKER_01]: So I should have left when my dealer left because... Yeah, yes.
• 3:49
  [SPEAKER_03]: Because our goes to get our money back.
• 3:50
  [SPEAKER_01]: Yeah.
• 3:51
  [SPEAKER_03]: Because they know it's going on.
• 3:52
  [SPEAKER_01]: And they got it back from me.
• 3:53
  [SPEAKER_01]: Yeah.
• 3:54
  [SPEAKER_03]: They got it back.
• 3:55
  [SPEAKER_03]: Yeah.
• 3:56
  [SPEAKER_03]: They got it back.
• 3:57
  [SPEAKER_03]: But it's a fun.
• 3:58
  [SPEAKER_03]: It's a long and good fun.
• 3:59
  [SPEAKER_03]: And I'm sure that when you win, this is what I'm playing.
• 4:02
  [SPEAKER_03]: This is my budget.
• 4:03
  [SPEAKER_00]: A one I'm playing.
• 4:04
  [SPEAKER_00]: Yes.
• 4:04
  [SPEAKER_03]: And that's what I stick to.
• 4:07
  [SPEAKER_03]: It's okay to gain.
• 4:08
  [SPEAKER_03]: It's okay, but we have that entertainment bucket.
• 4:10
  [SPEAKER_03]: So you're paying falls in buckets.
• 4:12
  [SPEAKER_03]: But when we utilize our entertainment bucket, we can't take it from the entertainment, from the mortgage, from the mortgage.
• 4:19
  [SPEAKER_03]: So as long as we're speaking with the entertainment bucket, and that's what we're doing with that next time.
• 4:24
  [SPEAKER_03]: And within our community, we feel like we have to have such a large amount to be able to save or even have this for this.
• 4:30
  [SPEAKER_03]: No, I'm going to travel.
• 4:32
  [SPEAKER_03]: Yeah, I'm going to travel and I'm going to travel a lot.
• 4:34
  [SPEAKER_03]: Yeah, but I have a travel bucket.
• 4:36
  [SPEAKER_03]: Yeah, now if I travel We're in New Orleans at the beginning of that essence now if I went down the essence and I made it a little bit too much.
• 4:44
  [SPEAKER_03]: I can't take from another bucket when I said from was another trip that was in that entertainment bucket.
• 4:51
  [SPEAKER_01]: Love it.
• 4:51
  [SPEAKER_03]: Being able to adjust.
• 4:53
  [SPEAKER_01]: For sure.
• 4:54
  [SPEAKER_01]: What brought you the
• 4:56
  [SPEAKER_03]: So Black Tech Saturdays, in my opinion, is a space where I think everyone can connect.
• 5:06
  [SPEAKER_03]: Um, when I saw the coworking day today, it had an option on there for a 101.
• 5:11
  [SPEAKER_03]: Um, and I'm like, hmm, that would be a good idea to just sit down and like pitch my, you know, talk to someone about my idea and maybe they could help walk me through when I'm seeing in my head, but then putting it on paper and then what's the next step?
• 5:24
  [SPEAKER_03]: What would do I need to be wearing this to fruition?
• 5:28
  [SPEAKER_03]: So I signed up for one of the one, um, one of the 101 sessions and I came on down.
• 5:32
  [SPEAKER_01]: and that was a venture three one three correct.
• 5:35
  [SPEAKER_01]: So tell us a little bit about that session and what you were able to give from it.
• 5:38
  [SPEAKER_03]: Oh my gosh, and y'all believe in Jesus, I'm sorry.
• 5:42
  [SPEAKER_03]: But, praise them.
• 5:43
  [SPEAKER_03]: When I tell you, my spirit was blessed.
• 5:48
  [SPEAKER_03]: I met with a gentleman named Belvin, and when I initially went in, it was just another young lady, and one of the other, three, one, three venture guys there, but Belvin said down with me, and my first question was, because with my being a financial firm, what does, how does that align necessarily with the tech space?
• 6:08
  [SPEAKER_03]: I work a lot with seniors and veterans, work with everybody, but like I said the niches on seniors and veterans and what I find a lot with them is that they don't know how to use the new technology that we have.
• 6:20
  [SPEAKER_03]: Many of them don't even manage their phones will because they don't receive their bait and statements anymore.
• 6:24
  [SPEAKER_03]: Everything's electronic because in an email address that they don't even know they have email.
• 6:29
  [SPEAKER_02]: Right.
• 6:31
  [SPEAKER_03]: How can I, I wanted someone to kind of help me walk through that space.
• 6:36
  [SPEAKER_01]: And when you got, so I know you had a certain experience in that session where when they were able to, something that you've been trying to figure out for a while, they were able to show you in five minutes.
• 6:47
  [SPEAKER_01]: Like, could you tell us how, what that was and how they were able to walk you down there?
• 6:51
  [SPEAKER_03]: Yes, definitely.
• 6:52
  [SPEAKER_03]: So with the idea that I had in my head, he and I were talking back and forth and kind of seeing what that looks like.
• 6:59
  [SPEAKER_03]: So I'm AI-friendly, we're listening, guys.
• 7:02
  [SPEAKER_03]: If we don't get with the AI, you know.
• 7:06
  [SPEAKER_03]: He turned the computer around and he starts typing in.
• 7:10
  [SPEAKER_03]: He's given me tools and things like that.
• 7:12
  [SPEAKER_03]: So I'm taking notes while we're talking.
• 7:13
  [SPEAKER_03]: And we're collaborating about what the idea is.
• 7:16
  [SPEAKER_03]: And he hit enter at a certain point.
• 7:19
  [SPEAKER_03]: You know, we're just talking.
• 7:21
  [SPEAKER_03]: And literally, in less than five minutes, he turns the laptop around and please forgive me if I dare.
• 7:27
  [SPEAKER_01]: No, let it flow.
• 7:28
  [SPEAKER_03]: But it's something about when you have a vision.
• 7:35
  [SPEAKER_03]: You know that you've been working and working and working.
• 7:38
  [SPEAKER_03]: How I'm trying to figure out when you get in community, when you get in space with someone, I don't have all the answers.
• 7:48
  [SPEAKER_03]: I believe that God created us all missing something so that we can lean on and get that from someone else.
• 7:55
  [SPEAKER_03]: And when he turned the computer around in the vision that I had in my head was on that computer.
• 8:05
  [SPEAKER_03]: and I said, please forgive me and I'm sorry, so please forgive me because when you're working with the elderly, when you're working with people with PTSD and you know the things that they struggle with, remember in passwords is a lot, being able to have access to my insurance, my health coverage, my banking, all of that, when you can put that in a centralized space.
• 8:33
  [SPEAKER_03]: We do can make it that much easier for them.
• 8:35
  [SPEAKER_03]: Just that simple process, that much easier for them.
• 8:38
  [SPEAKER_03]: That makes life, stress is one of our main killers, making life easier for them.
• 8:45
  [SPEAKER_03]: He hit a button and turned it around, and I just saw them, my seniors, my veterans,
• 8:56
  [SPEAKER_03]: life means easier for them.
• 8:59
  [SPEAKER_03]: That's a stressor that we can remove just by the simple adding tech in and then teaching them how to properly use it without having to use 10 different things that they can still have access to what they need and that truly touched me.
• 9:17
  [SPEAKER_03]: It blessed my spirit and I'm like, we can do this and we can do this.
• 9:22
  [SPEAKER_03]: So, I am so thankful and grateful for BlackTex out of days.
• 9:27
  [SPEAKER_03]: If a person has an idea what time we got till today, you all need to come down.
• 9:34
  [SPEAKER_03]: They need to come down.
• 9:36
  [SPEAKER_03]: Take advantage of it every single day.
• 9:38
  [SPEAKER_03]: So, I'm grateful and I'm ready to move forward.
• 9:41
  [SPEAKER_01]: Yeah, for sure.
• 9:42
  [SPEAKER_01]: And just like you, I kind of like take Saturdays often, and I'm always able to take something away from it, whether it's connection, whether it's a new tool to be able to use and leverage or a new skill.
• 9:52
  [SPEAKER_01]: And things like that, and I'm always asking, like, you know, Johnny and Alexa, I try to get as much wisdom and soak that up from them, and other people that attend as well, because it is like a cheat code, so to speak, to be able to further your ideas.
• 10:05
  [SPEAKER_01]: And so you said that you're ready to move forward.
• 10:07
  [SPEAKER_01]: What do you feel like you now are empowered
• 10:11
  [SPEAKER_01]: moving forward.
• 10:12
  [SPEAKER_03]: So number one, there's a pitch competition today.
• 10:15
  [SPEAKER_01]: Okay, you jump in in a pitch competition?
• 10:17
  [SPEAKER_03]: I went, okay, I'm out of the desk.
• 10:20
  [SPEAKER_03]: I scanned a QR code and I signed up.
• 10:22
  [SPEAKER_01]: Let's go, I'll talk about, yeah.
• 10:24
  [SPEAKER_03]: During this time before the pitch competition, I put a little laptop back out and getting my thoughts and ideas and things lined up.
• 10:31
  [SPEAKER_03]: I'm not, I don't know what, what the future holds.
• 10:35
  [SPEAKER_03]: I don't know if I'll get anything from doing it.
• 10:38
  [SPEAKER_03]: But I'm pitchin' the idea, I didn't come here today to pitch.
• 10:41
  [SPEAKER_03]: I just want to talk to somebody about something, but I'm gonna pitch it.
• 10:44
  [SPEAKER_02]: Let's go.
• 10:45
  [SPEAKER_03]: Let's go.
• 10:46
  [SPEAKER_03]: And then if I don't get anything from it, I get the experience and I at least a ton of people here that I can collaborate with that can, that are sharing ideas.
• 10:57
  [SPEAKER_03]: This sharing ideas, everyone, everyone in here, I get entrepreneurs that,
• 11:03
  [SPEAKER_03]: I may be a bit of a help you embark on more and you may be able to stay in thing for me.
• 11:07
  [SPEAKER_03]: So I'm starting today.
• 11:10
  [SPEAKER_03]: I'm looking forward with it today.
• 11:11
  [SPEAKER_01]: I love it.
• 11:12
  [SPEAKER_01]: Now you know if you win 25% goes to Black Friday is automatically.
• 11:16
  [SPEAKER_01]: No, like Friday.
• 11:17
  [SPEAKER_01]: Yeah, the pocket.
• 11:20
  [SPEAKER_01]: No, they're giving them money.
• 11:21
  [SPEAKER_01]: Yeah, I'm just here that you get a cut from that too.
• 11:23
  [SPEAKER_01]: Yeah.
• 11:24
  [SPEAKER_01]: look at that by the time we're talking about that off camera.
• 11:31
  [SPEAKER_01]: Yeah.
• 11:31
  [SPEAKER_01]: Yeah.
• 11:31
  [SPEAKER_03]: But it's been great, man.
• 11:34
  [SPEAKER_03]: I'm so blessed.
• 11:34
  [SPEAKER_03]: When I tell you my spirit is so blessed right now.
• 11:37
  [SPEAKER_03]: I did not expect that today.
• 11:40
  [SPEAKER_02]: Yeah.
• 11:40
  [SPEAKER_03]: I didn't expect to.
• 11:44
  [SPEAKER_03]: I can't stop the tears from flow of because my spirit is just so full right now and I am so grateful a coworking day.
• 11:52
  [SPEAKER_01]: Yeah.
• 11:53
  [SPEAKER_01]: Yeah.
• 11:53
  [SPEAKER_01]: Exactly.
• 11:54
  [SPEAKER_03]: I'm blessed.
• 11:56
  [SPEAKER_01]: Love that.
• 11:56
  [SPEAKER_01]: So on Black Friday is a tradition or one of my favorite segments of the show is Freestyle Friday.
• 12:01
  [SPEAKER_01]: So I always give people random questions that I would just like to know, they line up thoughts and what they think and so because you are the financial expert in the room right now, I got to know
• 12:11
  [SPEAKER_01]: What do you feel like you spend the most money on or what are you willing to splurge on?
• 12:16
  [SPEAKER_01]: You cannot say food because I know some people like to say, I spend a lot of money on food.
• 12:20
  [SPEAKER_01]: That may be true, but everybody that eats, so you can't use food.
• 12:22
  [SPEAKER_01]: So what do you feel like you would splurge on?
• 12:24
  [SPEAKER_01]: Splurge money on?
• 12:25
  [SPEAKER_03]: I splurge on travel.
• 12:26
  [SPEAKER_01]: Okay.
• 12:27
  [SPEAKER_03]: Like, number one, I didn't even have to get a lot of flowers on travel.
• 12:31
  [SPEAKER_03]: Probably a little more than I should, but like I said, as long as it aligns in that bucket.
• 12:36
  [SPEAKER_03]: But I know that I have to put more in that bucket because I know I'm about to catch a flight.
• 12:41
  [SPEAKER_01]: Right.
• 12:42
  [SPEAKER_03]: I'm catching a flight.
• 12:43
  [SPEAKER_01]: Yeah.
• 12:44
  [SPEAKER_01]: Sorry.
• 12:46
  [SPEAKER_01]: Oh, no, you good.
• 12:46
  [SPEAKER_01]: You good.
• 12:47
  [SPEAKER_01]: So it's a...
• 12:49
  [SPEAKER_01]: So it's never, it's you because you got your bucket, like you can hop on the plane when you, when you want to, because you, you pour into that bucket.
• 12:55
  [SPEAKER_03]: Yeah, example, I just went to Montana.
• 13:00
  [SPEAKER_03]: I didn't expect flight costs, my last Monday, I was in Montana.
• 13:05
  [SPEAKER_03]: I did not expect that cost.
• 13:07
  [SPEAKER_03]: Yeah.
• 13:08
  [SPEAKER_03]: So that the deeper into what I had planned on, spending so we got, I got to reload, you know, over on that in,
• 13:15
  [SPEAKER_03]: Why y'all charge and that much plus to go to Montana?
• 13:17
  [SPEAKER_01]: Exactly.
• 13:19
  [SPEAKER_03]: So yeah, so but that just requires a reword Okay, I got to plan different plan things differently then literally was a 1300 out of flight got to go to Hawaii Yeah, for real.
• 13:30
  [SPEAKER_01]: Yeah, when I realized that it's cheaper to fly international than it is In the country something I'm like oh no, we hate like I'm changing my whole strategy Yeah, I'm changing my whole strategy like I can't go over there have more fun.
• 13:42
  [SPEAKER_01]: Let's money
• 13:43
  [SPEAKER_01]: Yeah, say less.
• 13:44
  [SPEAKER_01]: Now I get why people do it and be international at a time.
• 13:47
  [SPEAKER_03]: But we in Dubai let's go.
• 13:49
  [SPEAKER_01]: What's your favorite place to travel if you have a replay place or a place that you want to go?
• 13:54
  [SPEAKER_03]: So, I actually, and this is local.
• 13:58
  [SPEAKER_03]: I love Chicago.
• 13:59
  [SPEAKER_00]: Okay, child to Chicago.
• 14:01
  [SPEAKER_03]: I actually really love Chicago.
• 14:03
  [SPEAKER_03]: Um, I'm pretty want three to either.
• 14:04
  [SPEAKER_00]: Yeah.
• 14:06
  [SPEAKER_03]: If there was ever another state locally that I would say that I would move to, it would be Chicago.
• 14:11
  [SPEAKER_03]: Okay.
• 14:13
  [SPEAKER_03]: I love the, I love the, I really want us to do our riverfront like theirs, but I love the riverfront.
• 14:19
  [SPEAKER_03]: I love the, I don't like the gloomy days as much but I've grown enough in my spirit to understand that we gotta have some rain in order to be able to appreciate the sunshine for sure.
• 14:29
  [SPEAKER_03]: But I love Chicago.
• 14:32
  [SPEAKER_03]: I love Mexico, I friend of mine just wants to Barcelona and I want to go.
• 14:38
  [SPEAKER_02]: Okay.
• 14:39
  [SPEAKER_03]: I want to just see experiences.
• 14:40
  [SPEAKER_03]: I was living through her pictures and I didn't, that's a trip that I want to make.
• 14:45
  [SPEAKER_01]: Okay.
• 14:46
  [SPEAKER_01]: Very nice.
• 14:47
  [SPEAKER_01]: Last freestyle Friday question, what advice if you had to give one tip to somebody to start the process or like a cheeko in regards to being better financially, what would that be?
• 15:00
  [SPEAKER_03]: Do it now.
• 15:02
  [SPEAKER_03]: do it anyway, especially when it comes to your finances, when we think we don't have, y'all know we have a car door to ask in a minute.
• 15:12
  [SPEAKER_03]: We have no way of calling your attention.
• 15:15
  [SPEAKER_01]: Right.
• 15:16
  [SPEAKER_01]: You might not have it for other things.
• 15:17
  [SPEAKER_01]: But you got it for that meal.
• 15:19
  [SPEAKER_03]: It's prioritizing.
• 15:20
  [SPEAKER_03]: I will also say for us to start our savings early.
• 15:24
  [SPEAKER_03]: That way we can take advantage of compounding.
• 15:26
  [SPEAKER_01]: Okay.
• 15:26
  [SPEAKER_03]: Wait.
• 15:27
  [SPEAKER_03]: Interest compounds.
• 15:29
  [SPEAKER_03]: It does actually look in that interest rates.
• 15:32
  [SPEAKER_03]: there's a sum that actually believed that we shouldn't have credit cards.
• 15:35
  [SPEAKER_03]: You shouldn't have credit cards.
• 15:36
  [SPEAKER_03]: No, I have tons of credit cards.
• 15:38
  [SPEAKER_03]: The thing is, and especially if I could hate for even the children going away to college and things like that, because they don't hate job with the credit cards, it's not to not have a credit card.
• 15:48
  [SPEAKER_03]: It is to understand your credit card utilization rate.
• 15:52
  [SPEAKER_03]: You want to keep that 29% in lower.
• 15:53
  [SPEAKER_03]: So therefore, if I'm getting
• 15:58
  [SPEAKER_03]: more percentage of my own each one.
• 16:00
  [SPEAKER_03]: So I know which cards are available to me to use.
• 16:03
  [SPEAKER_03]: If I'm getting close to some, I can't use that card.
• 16:05
  [SPEAKER_02]: Right.
• 16:06
  [SPEAKER_03]: Not that I shouldn't.
• 16:07
  [SPEAKER_03]: I can't.
• 16:08
  [SPEAKER_03]: It has to be a no.
• 16:09
  [SPEAKER_03]: That's not a card that we're using right now.
• 16:11
  [SPEAKER_03]: If you're anywhere near that 29% rate because you don't want that charge to take it over.
• 16:15
  [SPEAKER_03]: But keep those interest rates low.
• 16:19
  [SPEAKER_03]: You want to keep that credit card utilization rate low.
• 16:23
  [SPEAKER_03]: You love your credit.
• 16:24
  [SPEAKER_03]: You want to make your money We're for you to utilize that But we got to keep our credit scores and things like that good as well.
• 16:31
  [SPEAKER_03]: So yeah, that's all a part of that process If we started younger if we started when we were in good health Then we'll be able to take advantage of that compound interest and use the price what is going through for you later in life
• 16:44
  [SPEAKER_01]: for sure.
• 16:44
  [SPEAKER_01]: And I'm starting to realize that as somebody who didn't grow with the best financial literacy, but getting into adulthood and investing in that myself, understanding how you, it doesn't take a lot to live like a rich per se lifestyle.
• 17:00
  [SPEAKER_01]: From the standpoint of having money available for trips, having money available for things that you might want to buy.
• 17:06
  [SPEAKER_01]: It doesn't take much.
• 17:07
  [SPEAKER_01]: You could work within your budget to be able to get the things that you need to work
• 17:11
  [SPEAKER_01]: It's just a matter of, obviously, you know, having in one and, like, wants to need and sometimes those conflict in, but if you come up with a strategy for all that strategy, you can be able to access those things and live a, yeah, because, you know, it be some people I'd be wondering, like, how are you traveling every month?
• 17:29
  [SPEAKER_01]: But, hey, you never know, sometimes they got the system and it worked for them.
• 17:32
  [SPEAKER_03]: Because I, I've traveled twice this month, I was on a flight to different locations in June.
• 17:42
  [SPEAKER_03]: roll travel twice in May.
• 17:43
  [SPEAKER_03]: So like all the way into September from March to September every single month, at least twice a month, I'm scheduled for travel.
• 17:52
  [SPEAKER_02]: Yeah.
• 17:53
  [SPEAKER_03]: You have to plan that.
• 17:54
  [SPEAKER_02]: Right.
• 17:55
  [SPEAKER_03]: You have to plan that.
• 17:56
  [SPEAKER_03]: But when you do, you literally can't do whatever it is that you want to do.
• 18:04
  [SPEAKER_03]: if you plan it properly.
• 18:05
  [SPEAKER_01]: That's right.
• 18:06
  [SPEAKER_03]: They, if you remember the saying way back in a day if you failed to plan you plan to fail, that's fat.
• 18:12
  [SPEAKER_03]: But if we plan, and that's what we do at more great solutions, because I really felt being able to handle things with grace.
• 18:20
  [SPEAKER_03]: It wasn't taught it.
• 18:21
  [SPEAKER_03]: So how can I do live from where I am today?
• 18:24
  [SPEAKER_02]: Yeah.
• 18:24
  [SPEAKER_03]: How can I do live from, okay, maybe I went to college, maybe I didn't, maybe I,
• 18:31
  [SPEAKER_03]: I came from a broken relationship, maybe I was married and now say my spouse or my partner handled all the finances and now I'm doing it in my own, I have to do it on my own and I've never had to do it before.
• 18:46
  [SPEAKER_03]: What does that look like for?
• 18:50
  [SPEAKER_03]: Maybe a college student loses their parents.
• 18:52
  [SPEAKER_03]: Well parent has handled everything thus far, but now they're not even here anymore Yeah, you know to handle it now.
• 18:57
  [SPEAKER_03]: What do I do?
• 18:58
  [SPEAKER_03]: So what do you do in that space when it comes to your finances when there is no one else to look to?
• 19:02
  [SPEAKER_03]: Yeah, in the home.
• 19:04
  [SPEAKER_03]: Yes, but there are resources out there.
• 19:06
  [SPEAKER_03]: Yes, we can get it up
• 19:07
  [SPEAKER_01]: for sure.
• 19:07
  [SPEAKER_01]: And I want to ask you, I want to sneak this in and then we're going to wrap up for I'm a millennial.
• 19:11
  [SPEAKER_01]: And so now I'm in that I'm in that range of people who have parents that are jinxers or potentially boomers and they're like their agent and then when it comes to finances and financial literacy, they may be stuck in their way.
• 19:25
  [SPEAKER_01]: So do you have any advice or tips for people who may be, let's say, around my age and then they're navigating that relationship with that
• 19:33
  [SPEAKER_01]: boomers in XR, parent, grandparent, and trying to help them with a finance like you need a bank account because that was one thing I used to fight with my grandma about all the time but do you have any tips or thoughts on how they could help their, that, that elder in their life better navigate finance.
• 19:47
  [SPEAKER_03]: So, again, taking advantage of interest.
• 19:52
  [SPEAKER_03]: Is it a great idea to have some money stuffed in the mattress?
• 19:57
  [SPEAKER_00]: Depends.
• 19:58
  [SPEAKER_00]: Depends.
• 19:58
  [SPEAKER_03]: We don't want the mattress from fire, right?
• 20:01
  [SPEAKER_03]: So thinking about your standard bank, your standard banking institution is only giving you 0.01% interest in your money.
• 20:13
  [SPEAKER_02]: Yeah.
• 20:14
  [SPEAKER_03]: If you just do the math, 0.01% interest here,
• 20:20
  [SPEAKER_03]: Or I can take it over to this entity, and I get 4% interest.
• 20:25
  [SPEAKER_03]: Why would I allow somebody to give me a penny?
• 20:30
  [SPEAKER_03]: When I can get four.
• 20:31
  [SPEAKER_02]: right.
• 20:32
  [SPEAKER_03]: So I think just showing that the difference in that money, my dad Vietnam veteran was into real estate investing back in the day, but never touch to stop market.
• 20:44
  [SPEAKER_03]: And again, stock investing also needs to be a bucket.
• 20:47
  [SPEAKER_02]: Yeah.
• 20:48
  [SPEAKER_03]: So we're going to play.
• 20:49
  [SPEAKER_02]: Yeah.
• 20:50
  [SPEAKER_03]: But it's a bucket for that.
• 20:52
  [SPEAKER_02]: Yeah.
• 20:53
  [SPEAKER_03]: To see him now,
• 20:56
  [SPEAKER_03]: investing.
• 20:56
  [SPEAKER_03]: Hey, come come come come take a look at this and see what's going on.
• 21:00
  [SPEAKER_03]: But it it was educating him on what actually could we not taking everything and putting it in there.
• 21:05
  [SPEAKER_02]: Right.
• 21:06
  [SPEAKER_03]: But we are going to have hello money and what that money is that money that's increasing while we sleep.
• 21:13
  [SPEAKER_02]: Right.
• 21:13
  [SPEAKER_03]: So why if it's sitting in the mattress is not earning aiming fake.
• 21:19
  [SPEAKER_03]: I'm money got to make money and that's the difference in how well they look at money versus the
• 21:24
  [SPEAKER_03]: could bridge and pour how they look at money.
• 21:27
  [SPEAKER_03]: We look at money and what bill I have to pay next and what I can buy next.
• 21:30
  [SPEAKER_03]: Well, good look at money is how can I take this money to make more money.
• 21:34
  [SPEAKER_03]: I want to make it make more money.
• 21:36
  [SPEAKER_03]: And then I could take a piece of that money.
• 21:37
  [SPEAKER_03]: Remember your book is I can take the piece of that money.
• 21:40
  [SPEAKER_03]: Some is going into travel.
• 21:42
  [SPEAKER_03]: Some is going into my stock.
• 21:44
  [SPEAKER_03]: But just educating them on the growth of the money.
• 21:47
  [SPEAKER_03]: They like to say they money growth.
• 21:48
  [SPEAKER_03]: Yes.
• 21:49
  [SPEAKER_03]: And you do not have to keep them at least a little for all just coffee and stuff like that.
• 21:53
  [SPEAKER_03]: So you don't have to have something at the house where it makes the okay.
• 21:57
  [SPEAKER_01]: But not all of it.
• 21:58
  [SPEAKER_03]: But it cannot.
• 21:58
  [SPEAKER_03]: I mean, that's a small bucket.
• 22:00
  [SPEAKER_03]: It's part of the security.
• 22:01
  [SPEAKER_03]: You know, we don't want it.
• 22:03
  [SPEAKER_03]: The house to be broken into a little bit of the house, catch on fire, we don't want different things like that.
• 22:07
  [SPEAKER_03]: So still have something.
• 22:09
  [SPEAKER_03]: you know right there but it can't be a large piece.
• 22:11
  [SPEAKER_03]: Yes.
• 22:11
  [SPEAKER_03]: And then where we had that money diversified.
• 22:14
  [SPEAKER_03]: We were spread out so that
• 22:16
  [SPEAKER_03]: each of these buckets is making money for it.
• 22:18
  [SPEAKER_03]: So it's just showing them the growth.
• 22:21
  [SPEAKER_03]: I think you might see things grow.
• 22:22
  [SPEAKER_01]: For sure.
• 22:23
  [SPEAKER_01]: Well, thank you for that nugget.
• 22:24
  [SPEAKER_01]: Definitely appreciate it.
• 22:25
  [SPEAKER_01]: And I hope everybody listening and watching it.
• 22:26
  [SPEAKER_01]: I appreciate it as well.
• 22:28
  [SPEAKER_01]: So before we go, working to people find you, if they want to work with you, if they feel like they may have someone in their life that could leverage your services, how can they find you?
• 22:37
  [SPEAKER_01]: What's your website, email, all the good stuff?
• 22:39
  [SPEAKER_01]: Let's place the fine.
• 22:40
  [SPEAKER_03]: So my web address is moregraceolutions.com, all social media platforms, except TikTok, TikTok, TikTok, I'm secured greats, but Instagram and Facebook, greats more and more great solutions.
• 22:52
  [SPEAKER_03]: Meet the final link tree for less more, more greats.
• 22:55
  [SPEAKER_03]: And my email address is info at moregraceolutions.com.
• 22:59
  [SPEAKER_03]: So you can reach out that way as well.
• 23:00
  [SPEAKER_01]: perfect what great thank you so much for sharing your experience with us today and also your expertise we really appreciate it and I'm sure people will be able to get a wealth of knowledge from this conversation.
• 23:11
  [SPEAKER_03]: Thank you.
• 23:11
  [SPEAKER_03]: I appreciate it.
• 23:12
  [SPEAKER_01]: Absolutely.
• 23:13
  [SPEAKER_01]: Anytime.