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Millionaire Explains: 97% of What You Need To Know About Money · The Table with Anthony ONeal

0:00
[SPEAKER_00]: If you're living paycheck to paycheck, today's episode is going to be for you, so I need you to log in.
0:05
[SPEAKER_00]: If you make decent money, when I say decent money, you're making average middle class income, but you have nothing to show for it, this one is going to be for you.
0:14
[SPEAKER_00]: If nobody in your family or within the school system ever taught you.
0:18
[SPEAKER_00]: how money actually works, this is especially going to be for you.
0:25
[SPEAKER_00]: In the next 22 minutes, because I'm trying to get these shows down to about 25 minutes, I'm gonna give you the six things that took me from living on an average income to now becoming a net worth millionaire.
0:37
[SPEAKER_00]: It's not theory, no Wall Street talk.
0:40
[SPEAKER_00]: Cookie jar on the bottom shelf made simple specifically for you.
0:46
[SPEAKER_00]: Let me ask you something from the very beginning of today's show.
0:50
[SPEAKER_00]: If somebody acts you right now, how you're doing financially, what would your response be?
0:57
[SPEAKER_00]: What number would you give them?
0:59
[SPEAKER_00]: Let's think about that for like five seconds.
1:01
[SPEAKER_00]: What would you tell them?
1:06
[SPEAKER_00]: Most people say this salary.
1:08
[SPEAKER_00]: I made $60,000 a year.
1:10
[SPEAKER_00]: I made six figures.
1:13
[SPEAKER_00]: But let me be honest with you, that's the wrong answer.
1:17
[SPEAKER_00]: That is honestly the wrong number.
1:19
[SPEAKER_00]: You see, your income tells you almost nothing about whether you're actually building wealth.
1:25
[SPEAKER_00]: I've seen people make $30,000 a year, building real assets every single month, and I've seen people making $150,000 a year living completely paycheck to paycheck because every dollar goes right back outside the door.
1:40
[SPEAKER_00]: If I really want to go there, I've seen people who make seven figures, a million dollars a year, and the worst of them people making $50,000 a year.
1:49
[SPEAKER_00]: The number that actually matters is your net worth.
1:53
[SPEAKER_00]: assets, minus liabilities, what you own, minus what you own.
1:58
[SPEAKER_00]: Your assets is your savings, investments, property, retirement accounts.
2:04
[SPEAKER_00]: Your liabilities is your credit cards and your credit card debt and your car loans and student loans and personal loans.
2:10
[SPEAKER_00]: Watch this.
2:12
[SPEAKER_00]: and even personal loans from friends, boyfriends, girlfriends.
2:17
[SPEAKER_00]: Subtract one from the other.
2:20
[SPEAKER_00]: That's where you actually stand.
2:23
[SPEAKER_00]: What did it sit right there for you?
2:27
[SPEAKER_00]: I want to do something right now.
2:29
[SPEAKER_00]: Pause if you need.
2:31
[SPEAKER_00]: I want you to write down everything that you actually own.
2:35
[SPEAKER_00]: Then I want you to write down everything and everyone who you actually own.
2:40
[SPEAKER_00]: Then subtract.
2:42
[SPEAKER_00]: What number is that?
2:46
[SPEAKER_00]: What number did you come up with?
2:47
[SPEAKER_00]: And honestly, don't panic.
2:49
[SPEAKER_00]: This is just going to be your starting point for today's conversation.
2:53
[SPEAKER_00]: If I'm being honest and vulnerable with you, I started with a negative network.
2:58
[SPEAKER_00]: And honestly, most people do.
3:00
[SPEAKER_00]: But you can't fix what you do not face and what you do not see on paper.
3:05
[SPEAKER_00]: So face it, and honestly, what is it?
3:09
[SPEAKER_00]: We gotta fix it.
3:11
[SPEAKER_00]: Now that you know your real number, let me show you the first thing destroying it, you see, your money is being stolen from you right now.
3:24
[SPEAKER_00]: Not by burglar, not by a scammer, not by the internet, but by inflation.
3:29
[SPEAKER_00]: Every year, the cost of everything is going up.
3:32
[SPEAKER_00]: We've seen that drastically within 2025 and 2026 and within the last 30 days, we see that gas has shot straight up.
3:40
[SPEAKER_00]: So groceries, rent, gas, that's what we call inflation.
3:44
[SPEAKER_00]: And here's the problem.
3:46
[SPEAKER_00]: If your money is sitting in a regular same's account, I got a Wells Fargo Bank of America or Chase.
3:52
[SPEAKER_00]: You're earning about 0.01.03% interest, but inflation is running at three to five percent.
3:59
[SPEAKER_00]: Not 0.03 to 0.05, but from three to five percent.
4:03
[SPEAKER_00]: So I want you to do the math.
4:05
[SPEAKER_00]: You're not saving, you're slowly going broke with a false sense of security.
4:11
[SPEAKER_00]: I had a community member and she had about $10,000 sitting in a regular savings account for two years.
4:22
[SPEAKER_00]: She felt good about herself and honestly there was that is a good sign that you are maturing up to keep $10,000 in account that long.
4:31
[SPEAKER_00]: But when we sat down and we looked at it, inflation had eaten over $800 of her purchasing power.
4:39
[SPEAKER_00]: because she didn't spend a dime, but she still lost about $800.
4:44
[SPEAKER_00]: They fixed this 100% simple.
4:46
[SPEAKER_00]: Move your money to a high-year-old savings account.
4:49
[SPEAKER_00]: Forty-five percent interest has set up a 0.01.03 percent.
4:53
[SPEAKER_00]: On $10,000, that's a difference between earning $1 to about $500 a year.
5:02
[SPEAKER_00]: It is the same money.
5:03
[SPEAKER_00]: It is a different account that's a $409 dollar difference.
5:08
[SPEAKER_00]: I'll put my recommended accounts and start a description or you can simply go to anthonyoneau.com for slash savings.
5:16
[SPEAKER_00]: It should be up on a screen, but do not let another month.
5:19
[SPEAKER_00]: Do not let another day go by with the money sitting in account that is 100% robbing you.
5:27
[SPEAKER_00]: And listen.
5:29
[SPEAKER_00]: This is exactly why I wrote my new book, Stop Live and Paycheck to Paycheck, because most people aren't broke because they don't make enough.
5:37
[SPEAKER_00]: Can we be honest there?
5:40
[SPEAKER_00]: Most of us will live and paycheck because nobody ever showed us how the system actually works against us and how do we flip this system to where it now benefits us?
5:51
[SPEAKER_00]: In the book, I walk it through my five phase escape plan, all right?
5:54
[SPEAKER_00]: These are five phases that I believe will drastically change your life.
6:00
[SPEAKER_00]: So I'll show you how to protect your money and how to build margin.
6:03
[SPEAKER_00]: Pre-order it today by going to anthonyl.com, and you get over $275 free and bonuses, including early access to the first chapter in my book, and within 21 days we're going to show you how to get an extra $1,000 put back into your account by just looking at your budget.
6:20
[SPEAKER_00]: Again, the link is inside of the so description, or you can go to anthonyl.com, forward slash
6:26
[SPEAKER_00]: This is family.
6:28
[SPEAKER_00]: If your savings account is earning less than 1% you're literally donating money back to the bank.
6:33
[SPEAKER_00]: You see, traditional savings accounts are paying pennies.
6:36
[SPEAKER_00]: While high yield savings accounts are paying dollars and the gap is costing you real well every single
6:46
[SPEAKER_00]: I want to get real with you here real quick.
6:48
[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.
6:58
[SPEAKER_00]: That's hundreds of extra dollars in your pocket.
7:01
[SPEAKER_00]: No extra work, no risk, and your money stay safe, and FDIC ensure.
7:07
[SPEAKER_00]: Nearly one in four Americans have zero emergency savings, and most who do are missing out on free money.
7:15
[SPEAKER_00]: By leaving their cash and lazy accounts, Ohio saves account is the fastest, simplest upgrade you can make to hit your emergency fund and short-term goals faster.
7:27
[SPEAKER_00]: So, listen, stop letting your heart earn dollars say lazy.
7:30
[SPEAKER_00]: Visit anthonyonil.com for SaaS savings, compare the best high your savings accounts and open yours in literally two minutes.
7:38
[SPEAKER_00]: Every extra dollar interest gets you closer to financial freedom, so please do not wait.
7:44
[SPEAKER_00]: Don't let another year go by earning pennies.
7:47
[SPEAKER_00]: Go to anthonyonil.com for SaaS savings, let your money start working for you today.
7:54
[SPEAKER_00]: All right, let's keep back to the show.
7:58
[SPEAKER_00]: your money is protected.
8:00
[SPEAKER_00]: Let's go to pillar, pillar number three.
8:03
[SPEAKER_00]: Your money is protected.
8:05
[SPEAKER_00]: Now let's talk about the two buckets.
8:08
[SPEAKER_00]: And I believe a lot of people confuse these two buckets.
8:11
[SPEAKER_00]: And it costs, I will say, people hundreds of thousands of dollars if you really sit down and do the math.
8:18
[SPEAKER_00]: going into the future.
8:20
[SPEAKER_00]: Bucket number one, saving.
8:22
[SPEAKER_00]: This is cash that you set aside for the next one to five years.
8:25
[SPEAKER_00]: Emergency fund, down panel in the home, maybe saving for a new car, maybe you're even saving for a vacation.
8:33
[SPEAKER_00]: It's safe and it is accessible.
8:36
[SPEAKER_00]: Now, bucket number two, investing money you put into assets that grow over time, stocks, index funds, real estate, small business.
8:45
[SPEAKER_00]: This is how wealth is honestly built long term.
8:49
[SPEAKER_00]: Here's the difference in real numbers.
8:51
[SPEAKER_00]: If you put $1,000 in a savings account,
8:54
[SPEAKER_00]: 10 years ago, you'll have about $1,100 today.
8:59
[SPEAKER_00]: If you put that same $1,000 and the S&P 500 index fund, you didn't add nothing else to it, you'll have close to about $3800.
9:09
[SPEAKER_00]: So again, since I have we talked about on the savings, it's the same $1,000, but three times more of your money.
9:16
[SPEAKER_00]: Just because you understood which bucket to use.
9:20
[SPEAKER_00]: Now here's the truth.
9:21
[SPEAKER_00]: We need both buckets.
9:23
[SPEAKER_00]: don't skip saving to invest and don't skip investing to save.
9:28
[SPEAKER_00]: It bugs me when I be on the internet.
9:29
[SPEAKER_00]: All of that don't save invest.
9:31
[SPEAKER_00]: All of that don't invest save.
9:32
[SPEAKER_00]: Note we need both.
9:34
[SPEAKER_00]: But here's what I see in our community specifically to African American community all the time.
9:39
[SPEAKER_00]: People stay in saving mode their whole life because investing feels scary and they want access to the money.
9:47
[SPEAKER_00]: And they wonder why they never build real wealth.
9:51
[SPEAKER_00]: I was sitting down with one of my young fraternity brothers.
9:54
[SPEAKER_00]: His father is a very big name and a fifth in North Carolina.
9:57
[SPEAKER_00]: He had about $60,000 sitting inside of a savings and not $1 invested and he's only 24 years old.
10:04
[SPEAKER_00]: All of my friends, Kappa Alpha Sile, we all got around him and we said, hey bro, that's the wrong decision.
10:10
[SPEAKER_00]: Yes, keep about $20,000 in your savings account, but the other $40,000 invested.
10:17
[SPEAKER_00]: Listen to me, family.
10:19
[SPEAKER_00]: Saving preserves your money, but investing grows it.
10:24
[SPEAKER_00]: And at the end of the day, we need both.
10:30
[SPEAKER_00]: We don't need one over the other.
10:32
[SPEAKER_00]: We need both.
10:34
[SPEAKER_00]: Albert Einstein reportedly called compound interest the eighth wonder of the world.
10:42
[SPEAKER_00]: I want to walk through on how this works.
10:45
[SPEAKER_00]: So like we said earlier, you invest $1,000.
10:48
[SPEAKER_00]: It grows 8% that say in year one.
10:51
[SPEAKER_00]: Now you have $1,080 and year two, you don't earn 8%.
10:53
[SPEAKER_00]: On your original $1,000, you now earn 8% on $1,080.
11:03
[SPEAKER_00]: then 8% on that, then 8% on that.
11:07
[SPEAKER_00]: Now I'm going 8% to be conservative, but the S&P 500 over the last 40 years has done right around 10 to 12%.
11:14
[SPEAKER_00]: So your money starts making money on its own money.
11:19
[SPEAKER_00]: sound small at first.
11:22
[SPEAKER_00]: But give it time.
11:23
[SPEAKER_00]: It becomes something that is a game changer in your family.
11:28
[SPEAKER_00]: You see Warren Buffett, the greatest investor who ever lived by my personal opinion built 97% of his net worth after his 60-fifth birthday.
11:39
[SPEAKER_00]: Not because he got smarter, but because compound finally had enough time to do what it does best.
11:46
[SPEAKER_00]: Here's what that means for you.
11:48
[SPEAKER_00]: At 25 years old, invest in $200 a month, will almost always end up with more money than a 35-year-old investing $400 a month.
12:00
[SPEAKER_00]: So if I break this down and simple terms, time beats money every single time.
12:09
[SPEAKER_00]: If you're sitting there saying, Anthony only half fifty dollars that I can put into an account every month, start with that.
12:16
[SPEAKER_00]: Start with the fifty dollars.
12:17
[SPEAKER_00]: The clock is already running.
12:20
[SPEAKER_00]: Every month you wait is a month of compound entries you can never get back.
12:28
[SPEAKER_00]: I really want that the hit hit hit, I want to say hit your head, I really want that hit real quick.
12:35
[SPEAKER_00]: Because I firmly do believe the best time to start investing was yesterday.
12:39
[SPEAKER_00]: The second best time to start investing is today.
12:44
[SPEAKER_00]: Check this out, family.
12:45
[SPEAKER_00]: Did you know that nearly 4 in 10 Americans still have zero money invested in the stock market?
12:52
[SPEAKER_00]: That's a gap where wealth is built or missed.
12:55
[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.
13:07
[SPEAKER_00]: I want to make this point.
13:08
[SPEAKER_00]: If you wait just five years to start investing, you could lose out on hundreds of thousands of dollars in future wealth.
13:14
[SPEAKER_00]: That's not hype, that's real math.
13:16
[SPEAKER_00]: The wealth is 10% of Americans now own over 90% of all stocks because they started and they stayed consistent.
13:24
[SPEAKER_00]: But here's the thing, you don't need to be rich to honestly get inside of the investment game.
13:29
[SPEAKER_00]: With platforms like SoFi Invest, Public and Moomoo, you can open an account per day, start with that little as a dollar, literally, and buy fractional shares of the same assets that have built generational wealth for millions.
13:42
[SPEAKER_00]: No commissions, 100% no excuses on your interest.
13:45
[SPEAKER_00]: Listen, I need you to hear me clearly, stop sitting on a sidelines.
13:49
[SPEAKER_00]: Go to www.amphanyonio.com for session best right now to compare the top investing platforms and opening your first investing account today.
13:57
[SPEAKER_00]: Your future self and your children's children will thank you for taking action right now.
14:03
[SPEAKER_00]: We have to start building well, not just watching others get rich.
14:08
[SPEAKER_00]: do not let another year go by.
14:10
[SPEAKER_00]: As a matter of fact, don't let another day go by.
14:13
[SPEAKER_00]: Take the first step family.
14:14
[SPEAKER_00]: Visit anthonyonew.com for Sasha Invest.
14:17
[SPEAKER_00]: Let's get to work.
14:18
[SPEAKER_00]: Let's start investing ASAP.
14:21
[SPEAKER_00]: Let's get back to the show.
14:22
[SPEAKER_00]: Soon with the now we're in the black community.
14:25
[SPEAKER_00]: By the name of Marcus, I can't say it's last time.
14:28
[SPEAKER_00]: He is 41 years old.
14:30
[SPEAKER_00]: came to me last year, first straight it.
14:32
[SPEAKER_00]: He said, A.O.
14:33
[SPEAKER_00]: I wish I would have started when I was 22.
14:35
[SPEAKER_00]: I told him, stop looking back, bro.
14:38
[SPEAKER_00]: He started investing $400 a month.
14:40
[SPEAKER_00]: Just one year later, he's already passed $5,000 with growth.
14:45
[SPEAKER_00]: And he told me, for the first time in his life, he feels like he's building something.
14:51
[SPEAKER_00]: And in my personal opinion, that's what one decision can do.
14:57
[SPEAKER_00]: Now, I want to take a quick pause family because everything we're talking about, and it comes to tracking your network, protecting your money, saving, investing, I built the app that walks you through all of it step by step.
15:10
[SPEAKER_00]: It's called in the black.
15:12
[SPEAKER_00]: It's a daily money assignments that I will say tell you exactly what you need to be doing every single day.
15:18
[SPEAKER_00]: A built-in debt snowball tracker, a zero-based budgeting tool, AI power coaching personalized to your specific situation.
15:26
[SPEAKER_00]: Not a generalized system.
15:28
[SPEAKER_00]: No, we're going to ask you questions to give you a personal situation.
15:31
[SPEAKER_00]: And here's what I love, y'all know me.
15:32
[SPEAKER_00]: I'm a spiritual person and daily money, biblical encouragement.
15:36
[SPEAKER_00]: Over a hundred thousand families are already using AI.
15:39
[SPEAKER_00]: I want you to get started for free.
15:41
[SPEAKER_00]: Today, by going to anthonylo.com, for us to ask aptate quiz, get your personalized plan.
15:46
[SPEAKER_00]: All right.
15:47
[SPEAKER_00]: This is going to help you get there.
15:49
[SPEAKER_00]: You can go to anthonylo.com, for us to ask apt should be a parent's grant.
15:53
[SPEAKER_00]: I promise you it will be good.
15:56
[SPEAKER_00]: Now we have to talk.
15:58
[SPEAKER_00]: about the thing that I believe is keeping most of us from building wealth, and that's consumer debt.
16:05
[SPEAKER_00]: Most, I financial, how I say this, most financial advice, I believe gets this particular message wrong.
16:14
[SPEAKER_00]: It tells you that it's just a tool, use it wisely and leverage it.
16:20
[SPEAKER_00]: People attack Dave Ramsey, people attack myself for our stance around consumer debt.
16:25
[SPEAKER_00]: Here's what they don't tell you though.
16:28
[SPEAKER_00]: Consumer debt is a trap specifically designed, I believe, to keep us broke and to keep us average.
16:35
[SPEAKER_00]: The Bible says it plainly, and we hear it described a description before over-improved 22.7, that the borrower is slave to the lender.
16:44
[SPEAKER_00]: that's not a suggestion that is a warning.
16:47
[SPEAKER_00]: People oftentimes attack me from my stance on debt, but isn't it funny that God has taught positive about a lot of things, but he never taught positive about debt.
16:58
[SPEAKER_00]: Now listen, I don't believe that a mortgage is a bad debt investment.
17:04
[SPEAKER_00]: I think that it is acceptable.
17:06
[SPEAKER_00]: But a credit card at 22 to 29 percent,
17:10
[SPEAKER_00]: Car notes on vehicles that lose value, the second you drive off the lot by now pay later on clothes and shoes and and and and versus student loans for degrees that aren't generating any income.
17:25
[SPEAKER_00]: That is consumer debt and it is deadly.
17:30
[SPEAKER_00]: It's going to cost you money, it's going to cost you time, it's going to cost you options, it's going to cost you peace, it could prevent you, let's be honest here, let's go deep, it could prevent you from being the best father and the best mother you want to be to your trip, children.
17:44
[SPEAKER_00]: I remember growing up and playing sports and having school activities in my Paris couldn't come because when my mom got off with her school system job, she would go work for Christian Breen bookstore and sometimes um um came more at that time just so our family
18:03
[SPEAKER_00]: My mom was working hard, but when I think about him, my mom's money was going to everybody but the family.
18:18
[SPEAKER_00]: And the way out, simple.
18:20
[SPEAKER_00]: So death's no bother.
18:22
[SPEAKER_00]: This is where you list.
18:24
[SPEAKER_00]: Every single death's smallest to largest.
18:26
[SPEAKER_00]: You're gonna attack the smallest one first with everything you got.
18:29
[SPEAKER_00]: And when it's gone, you're gonna roll that payment to the next one.
18:34
[SPEAKER_00]: And then from there, Dave has coined this statement.
18:36
[SPEAKER_00]: You built momentum, building wins.
18:40
[SPEAKER_00]: And then when you start filling that wind, now you're starting to build freedom
18:48
[SPEAKER_00]: It's not complicated, but it does require discipline, and it's so worth it.
18:53
[SPEAKER_00]: Now, oftentimes when I talk about this, I remember one of the questions I hear all the time as A.O.
18:59
[SPEAKER_00]: What about the dead ambulance bro?
19:01
[SPEAKER_00]: Highs interest rate first.
19:03
[SPEAKER_00]: Listen, let me just say this.
19:05
[SPEAKER_00]: The math says avalanche wins, the dead avalanche wins.
19:09
[SPEAKER_00]: But the behavior says the dead snowball wins every time.
19:13
[SPEAKER_00]: Because finance, I don't believe this is a math problem.
19:16
[SPEAKER_00]: It's a behavior problem.
19:18
[SPEAKER_00]: You need quick wins to build momentum.
19:20
[SPEAKER_00]: That's why I teach the dead snowball method period.
19:25
[SPEAKER_00]: Yes, it doesn't make sense on paper, but it does make sense when it comes to our behavior and our mental.
19:33
[SPEAKER_00]: So you've got your number, you know your buckets and you're attacking your debt.
19:39
[SPEAKER_00]: Now, how do you actually invest?
19:43
[SPEAKER_00]: This is going to be cookie jar on a bottom shelf.
19:46
[SPEAKER_00]: may simple for you.
19:49
[SPEAKER_00]: Once you are consumer dead free, with the 6 months of your net pay in a high-year sales account, and that's 15% to 25% of your income every single month.
20:00
[SPEAKER_00]: Step 1.
20:02
[SPEAKER_00]: Your employer's 401k.
20:04
[SPEAKER_00]: If your company matches contribution,
20:07
[SPEAKER_00]: That is free money.
20:09
[SPEAKER_00]: Contribute enough to get the full match every single time.
20:13
[SPEAKER_00]: Not taking the match is like turning down a raise.
20:16
[SPEAKER_00]: Step two, a Roth IRA.
20:18
[SPEAKER_00]: One of the most powerful retirement accounts, most people in our community aren't using.
20:23
[SPEAKER_00]: You pay taxes on the money going in, but everything it grows to comes out 100% tax-free.
20:31
[SPEAKER_00]: Let's say a $7,000 annual contribution that grows to $500,000 plus over 30 years.
20:37
[SPEAKER_00]: You pay zero taxes on that growth.
20:40
[SPEAKER_00]: Step three, a good index fund.
20:42
[SPEAKER_00]: Not individual stocks, not crypto gambling, index funds.
20:46
[SPEAKER_00]: All right, a basket of hundreds of companies and one specific investment.
20:52
[SPEAKER_00]: The S&P 500 has average about a 10% annual return over the last 30 to 40 years.
20:59
[SPEAKER_00]: So you don't need to be a Wall Street genius.
21:02
[SPEAKER_00]: You just need to be consistent.
21:04
[SPEAKER_00]: Even if you just start at $300 a month, at 10% average return over the next 30 years, it was about $600,000.
21:13
[SPEAKER_00]: But that the 500 dollars a month now you are a net worth millionaire.
21:18
[SPEAKER_00]: You're money working for you while you sleep, while you worship, while you have to kids game.
21:28
[SPEAKER_00]: And I met this season to where I'm focused on how to why I stop exchange in my time from money, and I make exchange in my money for time.
21:38
[SPEAKER_00]: And that, let that can do.
21:41
[SPEAKER_00]: Now I'm going somewhere.
21:43
[SPEAKER_00]: Most financial educators, most, I would say, financial influencers on YouTube will not do.
21:51
[SPEAKER_00]: Because this isn't just about you.
21:54
[SPEAKER_00]: There's a report called the Road to Zero.
21:57
[SPEAKER_00]: It projects that by 253, the medium well of African Americans will fall to zero or negative.
22:05
[SPEAKER_00]: Zero or negative.
22:08
[SPEAKER_00]: This is not just a statistic.
22:11
[SPEAKER_00]: This is a generational emergency.
22:14
[SPEAKER_00]: And here's what I believe with everything in me, God did not design us to be limited by our zip code.
22:20
[SPEAKER_00]: He did not design us to pass down debt instead of wealth.
22:24
[SPEAKER_00]: He designed us to be blessed and to be a blessing.
22:28
[SPEAKER_00]: isn't just about your retirement account, this is about your children's children's children financial future.
22:34
[SPEAKER_00]: This is about your local churches, an impact in the future.
22:39
[SPEAKER_00]: That means getting a will and trust in place.
22:43
[SPEAKER_00]: Turn my concerns.
22:45
[SPEAKER_00]: Enough to cover 10 times your annual income, 529 accounts for your kids education.
22:53
[SPEAKER_00]: A legacy binder, so your family knows exactly what you have and what to do when you are going.
23:00
[SPEAKER_00]: I know this is not the most sexiest thing and it's not heavy, but the most loving thing you can do for your family is make sure they never have to start a freaking go-fund me when you leave this earth.
23:13
[SPEAKER_00]: No disrespect to the people who are doing it because I have contributed to a lot of
23:23
[SPEAKER_00]: Legacy isn't built in a day, but it starts with one decision, two day.
23:31
[SPEAKER_00]: I can't talk about money without this.
23:35
[SPEAKER_00]: The wealthy ingredient that I think only myself talk about in a finance world.
23:43
[SPEAKER_00]: Earlier I said in best 15 to 25%, 15% goes into an investment portfolio, but the other
23:51
[SPEAKER_00]: I'm not going to spend a lot of time here because I say this a lot and a lot of my shows.
23:56
[SPEAKER_00]: I know some of you all tend to talk about this, but hear me clearly.
24:00
[SPEAKER_00]: The first 10% of everything I earn goes back to God.
24:05
[SPEAKER_00]: Before the bills, before investments, before anything.
24:09
[SPEAKER_00]: And I think I feel so mandated to talk about this is because your 10% doesn't benefit me at all.
24:15
[SPEAKER_00]: I don't know what church you go to.
24:17
[SPEAKER_00]: I don't have access to that money.
24:19
[SPEAKER_00]: Your passives ain't given me no money for sure.
24:22
[SPEAKER_00]: I talk about the 10% because I want God to bless you with more.
24:26
[SPEAKER_00]: And I believe that when we are self-person, when we're honing in, what I believe God is endless, and I want to give you more, but you have not shown me that I can trust you with more, because you think you can do more with your hundredth.
24:40
[SPEAKER_00]: Then you could with my 90.
24:46
[SPEAKER_00]: I've never seen God let a genuinely generous person go broke, over Malikah, chapter three, I believe it says, test me in this and see if I will not throw open the floodgates of heaven.
24:59
[SPEAKER_00]: That's not a suggestion.
25:01
[SPEAKER_00]: That's the invitation to try God.
25:04
[SPEAKER_00]: Don't try Anthony, but try God.
25:07
[SPEAKER_00]: When I was making six figures at the card dealership, I gave nothing.
25:11
[SPEAKER_00]: And I became a youth pastor, preaching God's Word every single week, making less.
25:16
[SPEAKER_00]: I still had nothing that one night, my life's got cut off, and God convicted me.
25:25
[SPEAKER_00]: The moment I started tithing, everything changed.
25:29
[SPEAKER_00]: Not because of magic, but because generosity aligns your heart with God's economy.
25:35
[SPEAKER_00]: And God's economy doesn't operate and I will say in this scarcity mindset, it operates on abundance.
25:45
[SPEAKER_00]: I've said this on another show before, but I really want to say this again.
25:48
[SPEAKER_00]: I need you to try God for just 90 days.
25:52
[SPEAKER_00]: just try.
25:54
[SPEAKER_00]: Why's what happens?
25:55
[SPEAKER_00]: Some of you all who are watching right now do not have a local church.
26:00
[SPEAKER_00]: Man, there are several passes out there for sure when it's a gest and maybe we can drop this inside the show notes.
26:07
[SPEAKER_00]: Let's do this.
26:08
[SPEAKER_00]: I'll give you some churches that I believe are worth the time to look into.
26:15
[SPEAKER_00]: In a DMB area and Charlotte area, you have Union Church or Pastor Stephen
26:21
[SPEAKER_00]: are the current pastors in the Atlanta area.
26:26
[SPEAKER_00]: You have my good friend, dear brother.
26:28
[SPEAKER_00]: Pastor Darius and Shemika Daniels, over there from Chang's Church, we'll make sure to put their link and show description.
26:35
[SPEAKER_00]: In the Dallas Texas area, man, you have my good friends, Pastor Torrey and Sarah Jake's robbers at the Potter's House, we'll make sure to put their links there.
26:44
[SPEAKER_00]: And the, what's we have, we have in the, I think Oklahoma area, you have my dear brother,
26:51
[SPEAKER_00]: pass the mic tied.
26:54
[SPEAKER_00]: In the Houston Texas area, you have my dear friend, pass the key on a shining Henderson.
27:00
[SPEAKER_00]: And you also have, as a man, a rango who is out there will make sure to link their information below who else.
27:10
[SPEAKER_00]: Do we have in a Florida area, man, you have a Pastor Joel Tubman out there, forgot the name of his church is recently just launched, man, there's so many amazing churches, but those are the churches that we're going to list inside of the show notes, I made sure to drop that.
27:28
[SPEAKER_00]: But by all means, I think one of the greatest churches, one of the best churches in the United States of America is Jungian church.
27:35
[SPEAKER_00]: We have locations in the DMV area and we have a location in Charlotte and the pastor in our Charlotte location is Pastor Brian Bullock.
27:44
[SPEAKER_00]: Why am I so passionate about this message?
27:46
[SPEAKER_00]: Like I told you earlier, it's because, man, I don't know.
28:00
[SPEAKER_00]: I was somebody with a taught me the power of tithing, not told me just to tie it.
28:10
[SPEAKER_00]: Yeah, my dad told me, hey, if I give you $10, you give $1 a church, but no one sit down and taught me the power of tithing.
28:20
[SPEAKER_00]: And it wasn't until I became an adult and I'm a sure spiritual that I understood that I can honestly do more with 85 to 90% of my money with guys hand on that 85 to 90% then I could with 100% in God's hands is not on that no typing is not a heaven or hell situation no God is not going to send you to hell because you didn't hide but here's one thing I've learned when it comes to typing
28:49
[SPEAKER_00]: is that when I was obedient to my parents, when I went over and beyond and listened to the suggestions that my parents, there was a different kind of favor and a different kind of blessing that came with simply just being obedient.
29:05
[SPEAKER_00]: There's a different kind of thing in my mom says son, I think you should do this.
29:08
[SPEAKER_00]: It wasn't that you have to do.
29:09
[SPEAKER_00]: So it was like son, have you thought about this?
29:11
[SPEAKER_00]: Have you tried this?
29:12
[SPEAKER_00]: And when I tried it and it worked, my mom felt the responsibility to help me even more, to bless me even more because I did what she suggested.
29:23
[SPEAKER_00]: And she knew that Anthony will listen.
29:25
[SPEAKER_00]: It's the same way with God.
29:27
[SPEAKER_00]: Hey son, hey daughter, no, it is not a heaven of hell situation, but I promise you though, if you just give back to the local church, if you just show me, you trust me more than you trust yourself.
29:38
[SPEAKER_00]: I'm going to go 10 steps ahead of you.
29:41
[SPEAKER_00]: Getting out of debt, you'll be out of debt quicker, building wealth, you build wealth quicker, get into the home, you'll be able to get into the home, you won't have to pray about the home, why?
29:48
[SPEAKER_00]: Because God will bless you with more.
29:52
[SPEAKER_00]: Everything you need to know about money comes down to those six
29:58
[SPEAKER_00]: Number one, track a net worth, not your income, but your net worth.
30:02
[SPEAKER_00]: Number two, protect your money from inflation.
30:04
[SPEAKER_00]: High, you'll save as a counts, open one today.
30:07
[SPEAKER_00]: Number three, understand the two buckets, short, save for short term, and best for long term.
30:16
[SPEAKER_00]: Number four, let compound interest work for you, start today with even 25 50 bucks.
30:24
[SPEAKER_00]: Number five, destroy consumer debt using a debt snowball method.
30:28
[SPEAKER_00]: Number six, and thus consistently, and underneath it all, a bit all, give generously, particularly a legacy, build something your children's children with.
30:39
[SPEAKER_00]: Thank you for today.
30:41
[SPEAKER_00]: Now listen.
30:43
[SPEAKER_00]: I was that dude, and his twinnings.
30:47
[SPEAKER_00]: Nothing to my name, working hard, making six figures, but going nowhere, wondering if there was ever a better way.
30:56
[SPEAKER_00]: This is a better way.
30:57
[SPEAKER_00]: And you just watched it.
31:00
[SPEAKER_00]: If this helped you, hey man, listen, share this with a friend, hit that subscribe button, please hit the thumbs up button, and I'll see you in the next episode.
31:08
[SPEAKER_00]: Peace out.