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If I Woke Up at 40 With Nothing — This Is the First Thing I Would Do · The Table with Anthony ONeal

0:00
[SPEAKER_00]: At the time of recording this show, I'm about a couple of weeks away from turning 42.
0:06
[SPEAKER_00]: And I thought I'll never do a video like this, but today I want to.
0:13
[SPEAKER_00]: If you're 40 years old today, and let's say that you want to retire by 65, the simple truth of the fact is you have about 25 years.
0:23
[SPEAKER_00]: When we look online, we see a lot of videos and a lot of shows and a lot of podcasts and social media posts, specifically for that young person.
0:33
[SPEAKER_00]: But what about that young, get heart person?
0:34
[SPEAKER_00]: What about that person who's in their 40s?
0:36
[SPEAKER_00]: And when I think about where I'm at today, I'm like, hey, man, the average 40 road is not where I am at today.
0:46
[SPEAKER_00]: And so today's show, I really want to focus on that late 30 to 40 plus your road individual.
0:54
[SPEAKER_00]: And it's important that even if you're not in your 40s, it's important to listen to this because thankfully, I was able to really get started with my financial journey around 29, 30 years old.
1:07
[SPEAKER_00]: And I wish I would have got started when I was 18.
1:12
[SPEAKER_00]: So today, I really want you to lock in it.
1:15
[SPEAKER_00]: I really want you to dial in for the 40 rows.
1:18
[SPEAKER_00]: We're going to have an honest conversation.
1:21
[SPEAKER_00]: I will say, for the 38 plus your rows, we're going to have an honest conversation.
1:25
[SPEAKER_00]: But let's start here.
1:27
[SPEAKER_00]: Do you know what $500 a month invested?
1:30
[SPEAKER_00]: at an average of 10% average annual return does in 25 years.
1:37
[SPEAKER_00]: That simple math of $500 could be close to about $596,000.
1:40
[SPEAKER_00]: That $500 is probably a car payment currently.
1:53
[SPEAKER_00]: That's what most people spend on subscriptions, eating out and things they don't remember buying, average throughout the month.
2:02
[SPEAKER_00]: But let's say you can't do $500.
2:04
[SPEAKER_00]: That's just simply say right now, A.O.
2:05
[SPEAKER_00]: I can only do $300.
2:07
[SPEAKER_00]: I'm going to limit it income right now.
2:09
[SPEAKER_00]: I am actually above my means right now, but I'm getting back below, but I could do $300 a month.
2:16
[SPEAKER_00]: With that same $300 a month at 25 years, at 10% is going to be about $350,000.
2:18
[SPEAKER_00]: So let's say you are 45, not 40.
2:28
[SPEAKER_00]: And you have 20 years with $500 a month for 20 years.
2:32
[SPEAKER_00]: It's going to be $343,000.
2:37
[SPEAKER_00]: Now, is that the same as starting at the age 22?
2:41
[SPEAKER_00]: Heck no.
2:43
[SPEAKER_00]: Heck heck no.
2:45
[SPEAKER_00]: But is it enough to retire with dignity with some options, with something to leave your children?
2:53
[SPEAKER_00]: Absolutely.
2:55
[SPEAKER_00]: $500, $300,000 is better than what?
2:59
[SPEAKER_00]: Zero.
3:00
[SPEAKER_00]: So I want to just set this, the stage upfront, that the math is not against you.
3:07
[SPEAKER_00]: The math has simply been waiting, I would say, for you to actually start and to show up.
3:14
[SPEAKER_00]: So I want to give you exactly what I would do if I was 40 years old starting from zero right now two day in 2026.
3:22
[SPEAKER_00]: Not theory, this is not going to be inspiration.
3:24
[SPEAKER_00]: This is going to be a solid step by step plan for if you are in that age bracket, what you need to do.
3:32
[SPEAKER_00]: And the very first thing, step one, I will be doing at 40 if I'm starting from zero is I will stop the bleeding.
3:38
[SPEAKER_00]: Before you invest a single dollar.
3:41
[SPEAKER_00]: you have to stop the financial bleeding.
3:44
[SPEAKER_00]: That means this week, you sit down and you write down every single debt you have.
3:51
[SPEAKER_00]: Everyone, everyone, the credit cards, the car loans, the student loans, the medical bills.
3:57
[SPEAKER_00]: Gotta put that in there.
3:58
[SPEAKER_00]: The money you owe your son or your daughter or your cousins, all of it.
4:03
[SPEAKER_00]: Now, as a matter of fact, if you really want to get this down, and you really want help doing it, I would download our brand new app called End of Black because you can literally talk to the AI coach, tell it everything you have, and it will put it inside of a document for you.
4:21
[SPEAKER_00]: All you do is go to anthonyo.com 4-app, should be up on the screen here below, and it should be inside of the show description.
4:28
[SPEAKER_00]: But the truth of the fact is you need to see the full picture of where you currently are.
4:32
[SPEAKER_00]: Not because it's going to feel good because it's beyond us it's not.
4:35
[SPEAKER_00]: But because you cannot find an enemy you refuse to look at.
4:40
[SPEAKER_00]: So you have to specifically look at what you have in front of you.
4:45
[SPEAKER_00]: So once you do that step two, I need you to put $2,500 on side of an emergency fund and I mean fast.
4:53
[SPEAKER_00]: No, no, no, no, no.
4:54
[SPEAKER_00]: I don't need to get $10, I don't need $25,000.
4:57
[SPEAKER_00]: I need $2,500 first, part inside of a high yield savings account.
5:02
[SPEAKER_00]: And here's specifically why to the $2,500.
5:05
[SPEAKER_00]: The reason most people fail, and I would say fall back into debt after they start paying it off, it's because an emergency hits and they had no buffer.
5:14
[SPEAKER_00]: The car breaks down and they had no way to pay for a toe.
5:16
[SPEAKER_00]: The kids get sick and they had no way to pay for that medical bill.
5:20
[SPEAKER_00]: The roof leaks and they put it on a credit card.
5:25
[SPEAKER_00]: I believe that $2,500 at our age bracket, that breaks the cycle.
5:29
[SPEAKER_00]: So as no, it's not gonna be your full emergency fund.
5:32
[SPEAKER_00]: It's a little bit above what someone like Dave Ramsey would say put a thousand dollars on emergency fund.
5:38
[SPEAKER_00]: I believe that $2500 is enough to get your car told, to get an emergency ticket to your children if you need to go see them for an emergency.
5:48
[SPEAKER_00]: It can fix something and give you a little bit of breathing roll.
5:52
[SPEAKER_00]: Now here is the truth.
5:53
[SPEAKER_00]: Here it's a truth, as some of you are not going to like this.
5:56
[SPEAKER_00]: You're going to have to sell something.
5:58
[SPEAKER_00]: You're going to pick up maybe some extra hours.
5:59
[SPEAKER_00]: You're going to have to cut something.
6:01
[SPEAKER_00]: Maybe you're going to tell your kids, hey, I can't give you any money this month, because mother, because father, I have to get my life together.
6:08
[SPEAKER_00]: So this way, when I get older and I really can't think for myself, I do for myself, I'm not putting you through a burden.
6:16
[SPEAKER_00]: So me saying no to you today is actually
6:23
[SPEAKER_00]: So, he's moving to start number three.
6:25
[SPEAKER_00]: Attack the debt with every single thing you have.
6:30
[SPEAKER_00]: You see, once you had a $2500 buffer and you see everything in front of you, every extra dollar goes towards everything you put down at you to paper, everything you put inside the app.
6:40
[SPEAKER_00]: No, we're not investing crazily right now.
6:43
[SPEAKER_00]: No, we're not saving anything more.
6:45
[SPEAKER_00]: We are going after the bondage.
6:48
[SPEAKER_00]: We're going after the chains that try to keep us bound.
6:54
[SPEAKER_00]: I know that sounds a little weird right now.
6:58
[SPEAKER_00]: I know you're thinking, Anthony, I'm already behind on investing.
7:03
[SPEAKER_00]: Shouldn't I be doing both?
7:06
[SPEAKER_00]: The short answer is no with the comma, yes.
7:11
[SPEAKER_00]: Yes, you should be investing to your full 1K if there is a match.
7:15
[SPEAKER_00]: No, you should not be investing into it if it is not a match, right?
7:20
[SPEAKER_00]: But let me even go deeper to why I say pretty much 87% know.
7:27
[SPEAKER_00]: This is the part where most, I believe, financial advisors and financial influencers online will disagree with me.
7:34
[SPEAKER_00]: And I stand the what I say.
7:37
[SPEAKER_00]: And I really respectfully don't care.
7:41
[SPEAKER_00]: Because the average credit card interest rate right now is about 28% in between 20, that's the MCA.
7:48
[SPEAKER_00]: In between 20 and low and it's a 29% even if you have a 700 on your credit score.
7:53
[SPEAKER_00]: You are investment account on a great year returns 10 to about 12%.
8:00
[SPEAKER_00]: Here's the truth, you cannot out invest 24% interest.
8:06
[SPEAKER_00]: It is mathematically impossible.
8:10
[SPEAKER_00]: So I need you to pay off the debt first, then invest specifically in that order.
8:16
[SPEAKER_00]: So this way,
8:17
[SPEAKER_00]: You can invest more, right?
8:20
[SPEAKER_00]: And it will grow faster.
8:21
[SPEAKER_00]: Because the more we can put inside of our investments, then the more compound interest will work in our favor.
8:27
[SPEAKER_00]: But if we're only putting in 1% of investments and then the rest of our money is going towards debt, we are helping someone else invest, grow in not our own.
8:39
[SPEAKER_00]: Did you know that nearly 4 in 10 Americans still have zero money invested in the stock market?
8:45
[SPEAKER_00]: That's a gap where wealth is built or missed.
8:49
[SPEAKER_00]: If you're just saving, you're falling behind because the market's average close to about a 10% a year for a century while your savings account is barely keeping up with inflation.
9:01
[SPEAKER_00]: I want to make this point.
9:02
[SPEAKER_00]: If you wait just five years to start investing, you could lose out on hundreds of thousands of dollars in future wealth.
9:08
[SPEAKER_00]: That's not hype, that's real mad.
9:10
[SPEAKER_00]: The wealthiest 10% of Americans now own over 90% of all sucks because they started and they stayed consistent.
9:18
[SPEAKER_00]: But here's the thing, you don't need to be rich to honestly get inside of the investing game.
9:23
[SPEAKER_00]: With platforms like Sofine, Best, Public, and Moo Moo, you can open the account today, start with as little as a dollar literally, and buy fractional shares of the same assets that have built generational wealth for millions.
9:36
[SPEAKER_00]: No commissions, 100% no excuses on your read.
9:39
[SPEAKER_00]: Listen, I need you to hear me clearly.
9:41
[SPEAKER_00]: Stop sitting on a sidelines.
9:43
[SPEAKER_00]: Go to ampanyoneo.com for SessionVest right now to compare the top investing platforms and open your first investing account today.
9:51
[SPEAKER_00]: Your future self and your children's children will thank you for taking action right now.
9:57
[SPEAKER_00]: We have to start building wealth, not just watching others get rich.
10:02
[SPEAKER_00]: do not let another year go by.
10:04
[SPEAKER_00]: As a matter of fact, don't let another day go by.
10:07
[SPEAKER_00]: Take the first step family.
10:08
[SPEAKER_00]: Visit anthonyonil.com for Sasha Invest.
10:11
[SPEAKER_00]: Let's get to work.
10:12
[SPEAKER_00]: Let's start investing ASAP.
10:15
[SPEAKER_00]: Let's get back to the show.
10:16
[SPEAKER_00]: Now we move over to step number four, right?
10:20
[SPEAKER_00]: You've got to build, you've got to build that emergency fund.
10:25
[SPEAKER_00]: you have to.
10:26
[SPEAKER_00]: You see, once the dead is gone, except your mortgage, right?
10:30
[SPEAKER_00]: If you have one, you build your, I will say, your fully emergency fund.
10:35
[SPEAKER_00]: This is going to be 36 months of your net pay.
10:37
[SPEAKER_00]: Sitting inside about high yo saves account because we want it liquid, accessible, and untouched.
10:42
[SPEAKER_00]: You should not be able to see this account.
10:45
[SPEAKER_00]: I have three, actually I have three savings account, high-EOS savings account, one of them is with so-fi, and other ones were banked purely, and I have another one I forgot which one that's with, because I haven't seen them.
11:00
[SPEAKER_00]: That one is my true emergency fund.
11:02
[SPEAKER_00]: I don't put any more money into that one, but I will go to anthonyoneo.com for SaaS savings, open up a high-EOS savings account, because you want to have that in there.
11:12
[SPEAKER_00]: I call this my peace fund.
11:14
[SPEAKER_00]: This is what lets honestly me sleep at night at 42 years old.
11:18
[SPEAKER_00]: This is what keeps me going back, or keeps me from going back into debt when life happens.
11:25
[SPEAKER_00]: You know, I've been out on my own for six, seven years now and man,
11:31
[SPEAKER_00]: life has happened.
11:32
[SPEAKER_00]: There's been some months that, you know, my company then make that much that I only had enough money just to pay out, you know, bills and salaries and we had a little bit of cushion left.
11:43
[SPEAKER_00]: So I didn't take a pay from the company.
11:45
[SPEAKER_00]: That's happened several times as an entrepreneur, you have very, very, very, very strong months and you have very, very, very bad months.
11:53
[SPEAKER_00]: But thankfully, we haven't gone into a negative month yet, right, to remain nothing.
11:57
[SPEAKER_00]: but it feels good to know that I have a solid emergency fund to where if life was to happen, Anthony O'Neill and my particular family will be secure right over a period of time and I sleep better knowing that.
12:14
[SPEAKER_00]: I sleep, I sleep better.
12:17
[SPEAKER_00]: Now step five is going to be, this is where I say this is where you really start
12:27
[SPEAKER_00]: Now, how I'll say this, at 40 with 25 years ahead of you, you invest like your future depends on it because honestly it does.
12:40
[SPEAKER_00]: And I'm going to combine two things here that I think some of you are going to be a little confused about and I'm always, I'm always teaching this, but you're going to do 15% of your income invested and 10% of your income invested back into God.
12:55
[SPEAKER_00]: This is every single month without fail.
12:57
[SPEAKER_00]: The first 10% of when you get paid, I need you to find a local church who's believing and start sewing into the kingdom.
13:03
[SPEAKER_00]: Because that's the greatest that I caught at Esther's seed investment.
13:06
[SPEAKER_00]: That's so in God that he can trust you, he can trust you with more.
13:10
[SPEAKER_00]: So if God can then trust you with more, he'll give you more so you can invest more from a practical standpoint.
13:16
[SPEAKER_00]: You'll put those funds into an index funds, a Roth IRA if you qualify for one, a 401k up into the employer's match, and then Roth taxable brokerage accounts, HSA accounts, which is super, super important, because an HSA account at your age, at our age is super important, because they say by the time you get to retirement age, we're going to need about $350,000, just for medical bills.
13:41
[SPEAKER_00]: So if you can invest money inside of a health savings account, you can use that money tax free for your medical bills and you can also invest it.
13:50
[SPEAKER_00]: You know, this is, I call this a simple, consistent, automated system.
13:56
[SPEAKER_00]: Those five, six things.
13:59
[SPEAKER_00]: Because,
14:04
[SPEAKER_00]: I was on a radio show the other day, and I won't say any names, because I would never use my platform to attack anybody, all right.
14:13
[SPEAKER_00]: I will attack a subject, but I would never attack a name or individual, because we disagree on ideology around money or around God or on anything.
14:24
[SPEAKER_00]: I get pissed off.
14:25
[SPEAKER_00]: when I see YouTubers and influencers saying I'm doing this in guys name and they're attacking people and just because we have difference in the opinion.
14:35
[SPEAKER_00]: But I was on a radio show and they said man, most financial experts online says, let me show you how to make a million dollars.
14:42
[SPEAKER_00]: I make you a million airing.
14:44
[SPEAKER_00]: You know, I'll get you rich quick and the truth of the fact is, y'all, no,
14:55
[SPEAKER_00]: I don't want to get you rich, I want to get you free and healthy financially.
15:02
[SPEAKER_00]: And we can't do that if we don't have a system and a plan put into place.
15:11
[SPEAKER_00]: This is a family.
15:12
[SPEAKER_00]: If your savings account is earning less than 1%, you're literally donating money back to the bank.
15:18
[SPEAKER_00]: You see, traditional savings accounts are paying pennies.
15:21
[SPEAKER_00]: While high yield savings accounts are paying dollars.
15:25
[SPEAKER_00]: And the gap is costing you real wealth every single year.
15:30
[SPEAKER_00]: I'm gonna get real with you here real quick.
15:32
[SPEAKER_00]: When $10,000 a regular bank might pay you $40 a year, but a top high yield savings account, that's $400 to $500 a year, just for moving your money.
15:42
[SPEAKER_00]: That's hundreds of extra dollars in your pocket.
15:46
[SPEAKER_00]: No extra work, no risk, and your money stay safe, and FDIC ensure.
15:51
[SPEAKER_00]: Nearly 1 in 4 Americans have zero emergency savings, and most who do are missing out on free money.
15:59
[SPEAKER_00]: By leaving their cash in lazy accounts, Ohio saves account is the fastest, simplest upgrade you can make to hit your emergency fund and short-term goals faster.
16:11
[SPEAKER_00]: So, listen, stop letting your heart earn dollars say lazy.
16:15
[SPEAKER_00]: Visit anthonyonil.com for SaaS savings, compare the best high you'll save as accounts, and open yours in literally two minutes.
16:22
[SPEAKER_00]: Every extra dollar interest gets you closer to financial freedom, so please do not wait.
16:28
[SPEAKER_00]: Don't let another year go by earning pennies.
16:32
[SPEAKER_00]: Go to anthonyonil.com for SaaS savings, let your money start working for you today.
16:38
[SPEAKER_00]: Hi, let's get back to the show.
16:42
[SPEAKER_00]: want to tell you about one of our community members and for the sake of today's conversation, I'm going to call her Denise.
16:48
[SPEAKER_00]: I'm going to call her Denise, that's not a real name, but I'm going to call her Denise.
16:53
[SPEAKER_00]: Denise came to one of my events in a while ago, right?
16:58
[SPEAKER_00]: I was say about three years ago.
16:59
[SPEAKER_00]: She was 43.
17:00
[SPEAKER_00]: She had about 47,000 dollars in credit card debt.
17:03
[SPEAKER_00]: She had nothing in savings.
17:14
[SPEAKER_00]: Denise set in the back of the room, and I vividly remember this with her arms, kind of crossed, not like she was upset, but she was like, he'll doubt in.
17:25
[SPEAKER_00]: It really, really, really, really, really locked in.
17:28
[SPEAKER_00]: And I remember seeing her because she had a look on her face like that I recognized.
17:32
[SPEAKER_00]: It was that look of someone who had been disappointed by hope before, someone who had tried and failed enough times,
17:41
[SPEAKER_00]: and tried again, and again, and she was like, I don't know about a try again, because she's scared.
17:50
[SPEAKER_00]: After event, after the event, she came up to me, and she said, and I never get this.
17:56
[SPEAKER_00]: She said, A.O., I want to believe you, but I've heard all this before, and every time I try, something happens and I end up right back where I started.
18:08
[SPEAKER_00]: What makes your system your escape plan so different?
18:17
[SPEAKER_00]: Man, I think the average influencer would have tried to sell her.
18:21
[SPEAKER_00]: In this season of my life, I'm just learning to tell the truth.
18:24
[SPEAKER_00]: And I told her, listen, nothing makes this different except you.
18:30
[SPEAKER_00]: She looked at me like I had said something wrong.
18:36
[SPEAKER_00]: Yo, I said Denise, every other time you tried, you were trying to fix a feeling.
18:44
[SPEAKER_00]: You were trying to feel less stress and less behind and less afraid.
18:50
[SPEAKER_00]: And when the feeling came back, you stopped.
18:54
[SPEAKER_00]: This time, you're not doing it for the filling.
18:58
[SPEAKER_00]: You're doing it for these two girls you got right here.
19:01
[SPEAKER_00]: You're doing it for the version of yourself.
19:03
[SPEAKER_00]: That's 55 and now you have options.
19:05
[SPEAKER_00]: You're doing it because you are done letting fear make your financial decisions.
19:11
[SPEAKER_00]: You're doing it because you refuse to bring burden to them when they get your age and they got to take care of you.
19:20
[SPEAKER_00]: With tears on her eyes starting to come out, she nodded.
19:24
[SPEAKER_00]: She didn't say anything, she just kept nodding.
19:28
[SPEAKER_00]: She kept going.
19:30
[SPEAKER_00]: She gave me a hug and she walked away and I got to email from Denise about 14 months later.
19:41
[SPEAKER_00]: She paid off over $31,000 in debt using our SK plan.
19:48
[SPEAKER_00]: She, at that time, had about five, five thousand dollars in savings.
19:54
[SPEAKER_00]: She started her Roth IRA.
20:00
[SPEAKER_00]: And she said, and this is the part that kind of got me a little emotional.
20:06
[SPEAKER_00]: She said, A.O., my daughter asked me why I stopped buying things I don't need.
20:12
[SPEAKER_00]: And I told her, because I'm building something for you.
20:17
[SPEAKER_00]: Our daughter said, Ma, what are you building?
20:21
[SPEAKER_00]: And she said, a solid future for you.
20:29
[SPEAKER_00]: I want that to sink in to us in our 40s and 50s.
20:33
[SPEAKER_00]: That's what this is about.
20:35
[SPEAKER_00]: This is not about numbers.
20:37
[SPEAKER_00]: I was just talking to Ed and my producer of the show and those are my man 1.4 million hours is not enough money to retire on.
20:44
[SPEAKER_00]: And I'm like, you're wearing a heck or we get in these numbers from.
20:50
[SPEAKER_00]: When the average person with tires will have about 100,000, $75,000, you tell him to be 1.5 million hours, not enough money.
20:55
[SPEAKER_00]: If you're to consume your debt free and all you got is your mortgage and you're living way below your means.
21:02
[SPEAKER_00]: living off of eight to ten thousand dollars a month.
21:04
[SPEAKER_00]: If you can't live off of that by groceries, put gas on your car, we all in trouble.
21:12
[SPEAKER_00]: So it was not really about the numbers.
21:14
[SPEAKER_00]: The conversation you get to have with your daughters, with their sons, with their with with your families, with your loved ones.
21:21
[SPEAKER_00]: That's what this is about.
21:25
[SPEAKER_00]: My system is not sexy.
21:27
[SPEAKER_00]: No, it's not going to make you rich overnight.
21:29
[SPEAKER_00]: No, I'm
21:33
[SPEAKER_00]: But I am going to show you how to start a process to build a million plus portfolio.
21:45
[SPEAKER_00]: So starting at 40 is not just possible.
21:53
[SPEAKER_00]: It's going to sound a little different, but I believe starting at 40, it now gives you an advantage.
22:06
[SPEAKER_00]: At 25-year-old doesn't have what we have.
22:12
[SPEAKER_00]: Let's be honest.
22:14
[SPEAKER_00]: What do you mean by the Anthony?
22:15
[SPEAKER_00]: Let me tell you.
22:17
[SPEAKER_00]: Number one, you already know what doesn't work.
22:21
[SPEAKER_00]: You have 15 to 20 years of financial experiences.
22:25
[SPEAKER_00]: You know what it feels like to be living paycheck to paycheck.
22:27
[SPEAKER_00]: You know what it feels like to be carrying that.
22:29
[SPEAKER_00]: You know what it feels like to, to, to, to, you can't, you can't provide for your loved ones and your children and where that you want to.
22:39
[SPEAKER_00]: You know what it feels like to say yes to things you couldn't afford.
22:44
[SPEAKER_00]: And, and I believe that knowledge, that hard earned, painful freaking knowledge, is worth more than any financial class that a 25-year-old can go through.
22:57
[SPEAKER_00]: A, a, a, a 25-year-old, a 22-year-old has to learn those lessons and you are already half them.
23:06
[SPEAKER_00]: And unfortunately they have to learn it because we know the average 22 to 25-year-old they're not going to listen to me.
23:13
[SPEAKER_00]: Number two, number two, was number two.
23:19
[SPEAKER_00]: I will say you have more of an earning power.
23:24
[SPEAKER_00]: the average 40-year-old earn significantly more than the average 25-year-old.
23:31
[SPEAKER_00]: You have more income to work with, more income to invest, and more income to redirect.
23:40
[SPEAKER_00]: Then I was saying number three, oh, this is good, this is good right here.
23:44
[SPEAKER_00]: I don't know about you all, but at 42, I have more clarity.
23:49
[SPEAKER_00]: At 25 years old, I didn't know what I wanted life to even look like.
23:56
[SPEAKER_00]: At 25, you know, you're somewhat still figuring out at 40.
24:00
[SPEAKER_00]: I just told my mom this morning, man, at 55, I want to be a president of the HBCU.
24:05
[SPEAKER_00]: So I know, like I know what matters and I know what you have to do to leave things behind.
24:12
[SPEAKER_00]: And you know who you're building for.
24:18
[SPEAKER_00]: And that clarity within itself is a super power when it comes to building well.
24:24
[SPEAKER_00]: And now 25 years old, the 25-year-old is investing for a future that they can't even picture currently.
24:35
[SPEAKER_00]: You are investing for a future you can see 100% clearly.
24:49
[SPEAKER_00]: I'm doing a photo shoot for my birthday, and this year I wanted to show the different size of this 40-plus-year-old man, because I'm just different, I'm just different.
25:11
[SPEAKER_00]: Now, here's something that doesn't show up and a financial spreadsheet.
25:16
[SPEAKER_00]: Doesn't show up in the app.
25:18
[SPEAKER_00]: I want to talk to you about what it costs for family when you stay idle.
25:23
[SPEAKER_00]: When you decide to turn a temporary position into a permanent situation.
25:29
[SPEAKER_00]: So it's not financially, it's not emotionally.
25:32
[SPEAKER_00]: Your kids are watching you.
25:37
[SPEAKER_00]: Not your bank account, but you.
25:42
[SPEAKER_00]: You're your kids, your grandchildren, they're watching how you respond to hard things.
25:49
[SPEAKER_00]: They are watching whether you give up, or rather you get up.
25:55
[SPEAKER_00]: They are watching whether fear wins, or whether faith wins.
26:00
[SPEAKER_00]: Like, are you really, do you really believe the word that you've been teaching me?
26:05
[SPEAKER_00]: Or are you a hypocrite mom, dad?
26:08
[SPEAKER_00]: Here's the thing about generational cycles.
26:11
[SPEAKER_00]: The ones we talk about all the time on this channel?
26:16
[SPEAKER_00]: I don't say this.
26:18
[SPEAKER_00]: I don't say this.
26:20
[SPEAKER_00]: They don't break because someone gets lucky.
26:25
[SPEAKER_00]: I wanna say this one more time.
26:26
[SPEAKER_00]: They don't break because someone in your family gets lucky.
26:30
[SPEAKER_00]: They break because someone decided.
26:37
[SPEAKER_00]: They break because one person in the family, you, looks at the pattern says, this bullishiness stops with me.
26:52
[SPEAKER_00]: They get to the point and they're like hell now.
26:56
[SPEAKER_00]: I'm no lower around as I had them with them, my family.
27:00
[SPEAKER_00]: that doesn't require perfect pass.
27:03
[SPEAKER_00]: It doesn't require a trust fund.
27:04
[SPEAKER_00]: It doesn't even require a degree or a connection or a head start.
27:09
[SPEAKER_00]: All it requires is a decision.
27:15
[SPEAKER_00]: A decision.
27:18
[SPEAKER_00]: And I want to speak.
27:22
[SPEAKER_00]: I want to ask you something directly.
27:26
[SPEAKER_00]: What are you waiting for?
27:32
[SPEAKER_00]: What is the thing you're telling yourself you need before you need the start?
27:38
[SPEAKER_00]: Was it more money, more time, more clarity?
27:44
[SPEAKER_00]: What is the excuse you're giving yourself right now?
27:51
[SPEAKER_00]: Over the last 15 years being in this business, I've watched thousands of people transform their financial lives in their financial situations.
28:00
[SPEAKER_00]: And the people who wait for the perfect moment never starting.
28:07
[SPEAKER_00]: But it was the people who started while they were in the midst of going through hell that life was throwing all curveballs at them.
28:14
[SPEAKER_00]: The people who start in the imperfect moment in the imperfect season, those are the ones who changed their family tree.
28:25
[SPEAKER_00]: Because they made a decision.
28:29
[SPEAKER_00]: While they weren't feeling good, they made a decision.
28:33
[SPEAKER_00]: So, so here's why I need you to do, not someday, this week, this week, the next seven days, right?
28:43
[SPEAKER_00]: I need you to sit down and open up the app, go to anthoneoneoneoneoneoneone.com, 4-stache app, and I need you to input all of your debt inside of that app, every single one.
28:52
[SPEAKER_00]: The number, next tip, I was hit a number specifically.
28:57
[SPEAKER_00]: If you got a credit card, how much credit card debt do you have?
29:01
[SPEAKER_00]: What does they interest rate?
29:02
[SPEAKER_00]: Actually, the app is going to ask you all the questions.
29:05
[SPEAKER_00]: The app is super, super affordable.
29:07
[SPEAKER_00]: I am Bob was you of your dead series about changing your financial situation.
29:12
[SPEAKER_00]: I wouldn't do the quarterly plan.
29:14
[SPEAKER_00]: I would do the yearly plan, and you get three months free when you do the yearly plan.
29:19
[SPEAKER_00]: But you got to write it down and you got to see exactly where you are.
29:25
[SPEAKER_00]: You have to.
29:27
[SPEAKER_00]: Then then then we too, I was a week two, through about, uh, I'll say about weeks six, I need you dialed in.
29:35
[SPEAKER_00]: I need you really focusing on getting at least $2500 on such as savings.
29:40
[SPEAKER_00]: Nothing else matters until you hit that number.
29:43
[SPEAKER_00]: I'm so serious, you got to tell your kids, hey y'all, I can't, I can't buy the grandkids and anything right now, hey, hey, I'm not eating out, hey, I can't give you any money.
29:51
[SPEAKER_00]: I actually am gonna pick up some extra hours from work.
29:54
[SPEAKER_00]: Hey, can I borrow your Netflix subscription?
29:58
[SPEAKER_00]: But be honest with your family, right?
30:00
[SPEAKER_00]: Tell your kids, hey, listen, I've made a decision that I want to impact your life.
30:07
[SPEAKER_00]: and me not getting my personal financial situation together today is only going to bring more burden to you and my grandkids down the road.
30:16
[SPEAKER_00]: And so I have to put myself on the strict budget.
30:19
[SPEAKER_00]: I need to put money inside my savings.
30:21
[SPEAKER_00]: So this way when I get older, I'm investing on position myself to where when I get off of my job, I am not a burden to you and your family financially.
30:33
[SPEAKER_00]: Then next, after that month, two through month, six, man, every single dollar, once you get that $25, $100, it's going towards you getting out of consumer debt.
30:43
[SPEAKER_00]: Consumed debt.
30:44
[SPEAKER_00]: So this is everything except your mortgage.
30:52
[SPEAKER_00]: And then after that, you already know month 7, you're investing.
30:56
[SPEAKER_00]: You're giving God is 10%, you're setting side 15% of your income.
31:00
[SPEAKER_00]: You are going after your future.
31:03
[SPEAKER_00]: That's the next 90 days.
31:07
[SPEAKER_00]: 90 days to be wealthy, 90 days to be on the right path.
31:11
[SPEAKER_00]: And the path is every single thing.
31:17
[SPEAKER_00]: I'm going to show this.
31:20
[SPEAKER_00]: I believe in a God who doesn't waste anything.
31:26
[SPEAKER_00]: He didn't waste fearfully and wonderfully making you.
31:30
[SPEAKER_00]: So because he made you intentionally, he's not going to let you waste the hard years.
31:36
[SPEAKER_00]: He's not going to let you waste the bad decisions.
31:39
[SPEAKER_00]: The debt, the regret.
31:42
[SPEAKER_00]: None of that is going to be wasted.
31:44
[SPEAKER_00]: Every financial mistake you've made has taught you something.
31:48
[SPEAKER_00]: Every heart season has built something inside of you.
31:51
[SPEAKER_00]: And every time you survived when you didn't think you would, that built a resilience that a person who never struggled doesn't.
32:02
[SPEAKER_00]: so you are not behind.
32:04
[SPEAKER_00]: I believe now you are prepared.
32:06
[SPEAKER_00]: The question is not whether it's too late.
32:09
[SPEAKER_00]: The question is what are you going to do with the wealth of information and experience that you have now to move forward?
32:21
[SPEAKER_00]: Because, honestly, you have more than what you think right now.
32:25
[SPEAKER_00]: You have time, you have experience, you have clarity, you have the people like myself who love you or who want to support you and guide you along the journey.
32:35
[SPEAKER_00]: And most importantly, you woke up today.
32:39
[SPEAKER_00]: You have life to day.
32:44
[SPEAKER_00]: And that is enough to start today.
32:52
[SPEAKER_00]: So I challenge you to make one decision right now, not tomorrow, not after you think about it, not after you talk to your spouse or your friend or your financial advisor or your boyfriend or your girlfriend or your homeboy or your sister, no right now.
33:11
[SPEAKER_00]: I want you decide what does the next 25 years look like for you.
33:19
[SPEAKER_00]: I want you decide.
33:22
[SPEAKER_00]: that your children will not inherit debt, they will inherit discipline, that pays off in money, wealth, access, land, distances, maybe.
33:36
[SPEAKER_00]: I want you to decide that the voice that's in your head that says, it's too late, that that was alive.
33:44
[SPEAKER_00]: I want you to decide that God, fearfully and wonderfully made me.
33:50
[SPEAKER_00]: and that I can be financially well off before I hit 65, 7 years old.
33:56
[SPEAKER_00]: You gotta believe that and you gotta make that decision today.
34:01
[SPEAKER_00]: Make one decision and come back here every Monday, every Wednesday, get the information, get a copy of my latest book, stop living paycheck to paycheck, while I walk it through, more things is gonna really help you dial in, and get to the goals that you wanna get through.
34:17
[SPEAKER_00]: All right, I love you, God bless you.
34:20
[SPEAKER_00]: And I'll see you in the next video.
34:22
[UNKNOWN]: Peace out.