Latest / Earn Your Leisure / Utah Jazz Star Jordan Clarkson Talks Money, NBA Contracts, Spending, Credit, and Financial Lessons

Transcript

Utah Jazz Star Jordan Clarkson Talks Money, NBA Contracts, Spending, Credit, and Financial Lessons · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 3: True or false?
• 1:01
  Speaker 4: A budget is highly recommended to manage your finances.
• 1:04
  Speaker 5: I guess true correct?
• 1:20
  Speaker 3: How often should you request your credit report? Every three months?
• 1:27
  Speaker 3: At least every twelve months for every six.
• 1:30
  Speaker 6: Months I mean I'll just stay in the middle.
• 1:32
  Speaker 3: B correct. You could never go wrong with the middle answer.
• 1:37
  Speaker 4: Learned that in the basics, what is the largest purchase
• 1:40
  Speaker 4: slash investment that you are likely to make this multiple choice?
• 1:44
  Speaker 4: A A car, be a vacation, see a house.
• 1:50
  Speaker 6: I would say C, but I mean A if you
• 1:52
  Speaker 6: found a crazy car he might have if you collect
• 1:55
  Speaker 6: his item or something he might have to he might
• 1:57
  Speaker 6: might flip it.
• 1:58
  Speaker 2: You know what I mean, Your Bugatti could more than
• 2:00
  Speaker 2: your house.
• 2:03
  Speaker 4: Judges, are we taking a n.
• 2:05
  Speaker 6: Because during the pandemic goes to ASKVJ that was like
• 2:08
  Speaker 6: five hundred thousand, and after it was like nine hundred
• 2:12
  Speaker 6: thousand and one point two mil. I mean both are correct?
• 2:16
  Speaker 4: Yes, Yes, the answer is yes.
• 2:20
  Speaker 6: Yes.
• 2:21
  Speaker 3: It's a filling the plank. Your emergency fund is your
• 2:24
  Speaker 3: blank against any difficult financial situation due to a loss
• 2:29
  Speaker 3: of income or unexpected expenses.
• 2:32
  Speaker 4: Audience anticipation like phoning a friend, Lifeline, lifeline.
• 2:38
  Speaker 3: Safety net, insurance protection, those are all in line. The
• 2:42
  Speaker 3: answer is a lot of defense, A lot of defense.
• 2:45
  Speaker 3: That's a tough one, right, that's tough, but it could
• 2:47
  Speaker 3: be a variety.
• 2:47
  Speaker 4: Of different I think all these answers made sense.
• 2:50
  Speaker 3: This is the financial crew, right.
• 2:51
  Speaker 6: Yes, yes, they locked in.
• 2:54
  Speaker 4: Yeah, they said, Jordan's coming. We're coming with.
• 2:58
  Speaker 2: All.
• 2:58
  Speaker 4: Right, Now it's your turn to ask us questions, uh,
• 3:00
  Speaker 4: to see.
• 3:01
  Speaker 6: How we do what spending or saving habits should I
• 3:04
  Speaker 6: adopt to financially prepare myself for unseen circumstances.
• 3:08
  Speaker 3: You know, jay Z has some of the best lines ever.
• 3:11
  Speaker 3: And when he said, uh, in anticipation for precipitation, stat
• 3:15
  Speaker 3: tips for a rainy day, that's something that we just
• 3:17
  Speaker 3: live by, right, Like it's gonna rain at some point.
• 3:20
  Speaker 3: This is something that is vitally important. Curve your spending,
• 3:24
  Speaker 3: live below your means, learn to save money, have financial discipline,
• 3:30
  Speaker 3: because eventually hard times are gonna come. It's a blessing.
• 3:33
  Speaker 3: If you're prepared, it's a crisis. If they're not prepared,
• 3:36
  Speaker 3: don't worry.
• 3:37
  Speaker 6: Man, that's crazy. How do you balance between getting the
• 3:42
  Speaker 6: best deals and making the most of every dollar and
• 3:45
  Speaker 6: spurging on clothes, shoes, events and travel.
• 3:48
  Speaker 3: You would think the more money you make, the easier
• 3:51
  Speaker 3: it is, but it actually becomes harder cause now you
• 3:53
  Speaker 3: can you can spend more money. You have to go
• 3:56
  Speaker 3: back to discipline, right, cause it's like alright, m how
• 4:00
  Speaker 3: many watches can you really buy? Is it worth five
• 4:02
  Speaker 3: thousand dollars for a sweater? Probably not for us. I
• 4:05
  Speaker 3: think it's a balance because it is important and that's
• 4:08
  Speaker 3: part of who we are, you know. We like nice things,
• 4:11
  Speaker 3: but we have to do it responsibility. I think there's
• 4:14
  Speaker 3: two ways that you can look at money, and most
• 4:16
  Speaker 3: people they look at money as like a voucher. You
• 4:19
  Speaker 3: get paid and that's a voucher to spend to buy.
• 4:24
  Speaker 4: This episode is brought to you by P and C Bank.
• 4:27
  Speaker 4: A lot of people think podcasts about work are boring,
• 4:30
  Speaker 4: and sure they definitely can be, but understanding a professionals
• 4:34
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  Speaker 4: day after day. It's like banking with P and C Bank.
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• 5:02
  Speaker 4: National Association member FDIC Erners what's up. You ever walk
• 5:09
  Speaker 4: into a small business and everything just works like the
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  Speaker 4: checkout is fast, the receipts are digital, tipping is a breeze,
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  Speaker 4: Let's Square handle the back end so you can keep
• 6:11
  Speaker 4: pushing your vision forward.
• 6:14
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 6:18
  Speaker 1: in Massachusetts an MS thirteen gang member from Al Salvador
• 6:22
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 6:26
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 6:30
  Speaker 1: some of the heinous migrant criminals caught because of President
• 6:34
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 6:38
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 6:43
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 6:46
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 6:50
  Speaker 1: are here illegally, your next you will be fine nearly
• 6:53
  Speaker 1: one thousand dollars a day, imprisoned and deported, you will
• 6:57
  Speaker 1: never return. But if you register or using our CBP
• 7:01
  Speaker 1: home app and leave now, you could be allowed to
• 7:04
  Speaker 1: return legally. Do what's right. Leave now. Under President Trump,
• 7:09
  Speaker 1: America's laws, border and families will be protected.
• 7:12
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 7:15
  Speaker 3: It thinks that's another ending cycle of just like being
• 7:19
  Speaker 3: on a treadmill, But when you look at it as
• 7:22
  Speaker 3: a tool to make more money, then it becomes increasingly
• 7:26
  Speaker 3: hard to waste because it's like, if I look at
• 7:29
  Speaker 3: this dollar as an opportunity to make three dollars. I
• 7:32
  Speaker 3: got to be convinced to spend this one dollar, right,
• 7:34
  Speaker 3: because now I'm actually losing money in that scenario. So
• 7:38
  Speaker 3: looking at it as a tool as opposed to a
• 7:41
  Speaker 3: voucher changes the whole dynamic and the relationship with money
• 7:46
  Speaker 3: and makes it a lot harder to just spend the
• 7:49
  Speaker 3: money frivously.
• 7:51
  Speaker 4: The segment's called invested in the w So credit is
• 7:54
  Speaker 4: an essential factor when purchasing a home or other life moments.
• 7:58
  Speaker 4: Did anyone ever talk to you about the importance of credit.
• 8:01
  Speaker 4: If so, when did you become knowledgeable about the role
• 8:04
  Speaker 4: of credit?
• 8:04
  Speaker 6: You wanna be honest, never, mm. I mean we watched
• 8:08
  Speaker 6: it on commercials and TV shows. But to that point,
• 8:11
  Speaker 6: I think, as you know, I got older, went to college,
• 8:14
  Speaker 6: and you know, had a opportunity to learn about stuff
• 8:17
  Speaker 6: like that. But that comes to age, gotta go through
• 8:20
  Speaker 6: trial's tribulations. Now I'm I'm fortunate enough to have people
• 8:23
  Speaker 6: that our trust to make those decisions and look at
• 8:26
  Speaker 6: that stuff. But yeah, I mean, I think all life
• 8:29
  Speaker 6: is about, uh, experiencing what you go through.
• 8:33
  Speaker 4: And so we've seen you visit communities in the Philippines. Uh,
• 8:36
  Speaker 4: I wanna know, uh how important it is to honor
• 8:38
  Speaker 4: your roots, uh of your Filipino heritage, and how important
• 8:42
  Speaker 4: that is to the community.
• 8:43
  Speaker 6: It means a lot going back there, they supported me
• 8:48
  Speaker 6: since they found out that I was Filipino, honestly showing love.
• 8:52
  Speaker 6: Tryna figure out how how we gonna ge 'em on
• 8:54
  Speaker 6: the national team, how we gonna do this, you know,
• 8:56
  Speaker 6: it's always been loved and I always wanted to represent
• 9:00
  Speaker 6: the country where you know, my roots, my heritage.
• 9:04
  Speaker 4: You speak anythe gallo nah nah nah I I I.
• 9:08
  Speaker 6: Bad it can speak English.
• 9:12
  Speaker 4: What is the one of the biggest takeaways that you
• 9:14
  Speaker 4: heard today from Jordan?
• 9:16
  Speaker 3: I think the biggest takeaway that I learned from Jordan
• 9:19
  Speaker 3: was to stay in your own land, not being influenced
• 9:21
  Speaker 3: by other people, and not only from just a business standpoint,
• 9:26
  Speaker 3: but just in life in general. Right, And you strike
• 9:29
  Speaker 3: me as a type of person that you're not really
• 9:31
  Speaker 3: too concerned what other people think. You're doing your own thing.
• 9:34
  Speaker 3: You're comfortable in your own skin, and that's extremely important
• 9:39
  Speaker 3: when it comes to business, when it comes to finances.
• 9:41
  Speaker 3: But like I said, just in general, a lot of
• 9:44
  Speaker 3: people are swayed by public opinion. So don't be afraid
• 9:50
  Speaker 3: to be yourself.
• 9:51
  Speaker 4: One of my biggest takeaways is like the power of
• 9:54
  Speaker 4: education and what it can do. From a young man
• 9:56
  Speaker 4: who starts as a second round draft pick to a
• 9:59
  Speaker 4: rookie in Losson Angeles to now being a veteran who
• 10:01
  Speaker 4: now leads his younger teammates in Utah. It's a powerful,
• 10:06
  Speaker 4: powerful message.
• 10:07
  Speaker 6: Man. Best thing about education you never know everything straight up.
• 10:13
  Speaker 6: Just keep learning no matter what it is. People being
• 10:18
  Speaker 6: in before is the new generation. They think a different way.
• 10:22
  Speaker 6: Saw by soaking it in and you know, figuring it out.
• 10:25
  Speaker 3: Jordan been a pleasure, makes some noise for the legend himself. Jordah.
• 10:34
  Speaker 3: Now you have it, Chase, it's rap one set.
• 10:38
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 10:41
  Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
• 10:45
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 10:50
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 10:54
  Speaker 1: some of the heinous migrant criminals caught because of President
• 10:57
  Speaker 1: Donald J. Trump's leadership. Ristinome, the United States Secretary of
• 11:02
  Speaker 1: Homeland Security. Under President Trump, attempted illegal border crossings are
• 11:07
  Speaker 1: at the lowest levels ever recorded and over one hundred
• 11:10
  Speaker 1: thousand illegal aliens have been arrested. If you are here illegally,
• 11:14
  Speaker 1: your next you will be fine nearly one thousand dollars
• 11:18
  Speaker 1: a day, imprisoned, and deported. You will never return. But
• 11:22
  Speaker 1: if you register using our CBP home app and leave now,
• 11:26
  Speaker 1: you could be allowed to return legally. Do what's right.
• 11:30
  Speaker 1: Leave now. Under President Trump America's laws, border and families.
• 11:35
  Speaker 2: Will be protected. Sponsored by the United States Department of
• 11:37
  Speaker 2: Homeland Security,