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Should You Discuss Money With Your Friends? · 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: Should you discuss money with your friends, we had this conversation.
• 1:03
  Speaker 4: With Conversation UH last week's episode of Assets of Reliabilities,
• 1:09
  Speaker 4: and I got a lot of traction on social media.
• 1:12
  Speaker 4: People you know have different commentary on it. She she had,
• 1:16
  Speaker 4: she has.
• 1:17
  Speaker 3: Views on it.
• 1:18
  Speaker 5: Uh.
• 1:18
  Speaker 3: So should you discuss money with your friends?
• 1:25
  Speaker 6: I think you should know which friends you can have
• 1:28
  Speaker 6: those conversations with. I don't think you can have them
• 1:31
  Speaker 6: with all because sometimes resentment creeps in, entitlement may creep in,
• 1:37
  Speaker 6: and a lot of times if we're doing it for
• 1:39
  Speaker 6: quote unquote motivational purposes, only if a person doesn't have
• 1:42
  Speaker 6: it and you're not going to give it to them,
• 1:44
  Speaker 6: it can produce some feelings that they didn't even know
• 1:47
  Speaker 6: that they had. I remember one time, this maybe two
• 1:51
  Speaker 6: years ago, so historically, like I have a everyday card,
• 1:55
  Speaker 6: then I have something else that I drive. And one
• 2:00
  Speaker 6: time we went to dinner and I didn't bring the
• 2:04
  Speaker 6: everyday car, but it was not every day cars a commasta,
• 2:08
  Speaker 6: so everybody's cool. When I picked up in the mouths like,
• 2:09
  Speaker 6: oh are you so humble down on the earth cool? I
• 2:11
  Speaker 6: can't believe you still dropping this da dah.
• 2:13
  Speaker 7: Right.
• 2:14
  Speaker 6: I bring out the other car and this is one
• 2:19
  Speaker 6: of my guys and I get out and he looked
• 2:22
  Speaker 6: at me like, yo, I ain't even know you had this,
• 2:25
  Speaker 6: but you know when it's a yo, I know you
• 2:27
  Speaker 6: had this and you weren't happy. I was like, I
• 2:29
  Speaker 6: fucked up, Like I should have just take the everyday
• 2:32
  Speaker 6: car out and strip it down. And in those moments,
• 2:37
  Speaker 6: and I know he loves me, but I could see
• 2:40
  Speaker 6: it in his face. The feeling that he had for
• 2:44
  Speaker 6: me was not one of joy. And I wouldn't say
• 2:47
  Speaker 6: this is one of my best friends, but like, this
• 2:49
  Speaker 6: is somebody I'm like really cool with and I've learned,
• 2:52
  Speaker 6: like and we've had these conversations, there's only certain people
• 2:54
  Speaker 6: you can have some of these higher income conversations with,
• 2:57
  Speaker 6: because not everyone's gonna be happy for you. A good
• 3:00
  Speaker 6: lesson for me is if a person that makes more
• 3:02
  Speaker 6: money than me, or we're in the same income bracket
• 3:05
  Speaker 6: within two or three percent, I'll have it. If there's
• 3:08
  Speaker 6: a gap or disparity, I won't have the conversation at all.
• 3:12
  Speaker 6: There's too much of a risk. I don't believe in
• 3:14
  Speaker 6: holding back on information or not sharing, because I saw
• 3:17
  Speaker 6: that a lot in the comments as well. But to
• 3:19
  Speaker 6: say I made this on this particular deal, or I
• 3:23
  Speaker 6: think it's a recipe for disaster.
• 3:27
  Speaker 7: Failure. I think we're in a unique position.
• 3:32
  Speaker 5: Because we're friends, we're brothers, but we were in business together.
• 3:36
  Speaker 7: So I feel like, I mean, we have to talk
• 3:38
  Speaker 7: about money.
• 3:39
  Speaker 2: We have to. It's not it's going well.
• 3:41
  Speaker 5: Yeah, I mean even on the personal side that you know,
• 3:45
  Speaker 5: I'll have it, like I'll have conversations and I just
• 3:46
  Speaker 5: had one with MG today. It was like I was
• 3:49
  Speaker 5: playing them from a tax standpoint, like we have to
• 3:51
  Speaker 5: talk about money. I'm like, look, this is what I
• 3:53
  Speaker 5: paid in taxes last year. Really yeah, well, look this
• 3:56
  Speaker 5: is some of the things I did last year. But
• 3:58
  Speaker 5: I want to figure out, you know, what's the best
• 3:59
  Speaker 5: way in real estate that I could help alleviate some
• 4:02
  Speaker 5: of these taxes.
• 4:03
  Speaker 7: So, like you said, it's about knowing who you're having
• 4:05
  Speaker 7: a conversation with.
• 4:06
  Speaker 5: I'm not openly saying like, hey I did this, I
• 4:09
  Speaker 5: made this, but of course, like I mean, I usually
• 4:13
  Speaker 5: the first thing I do is like, wake up, Thank
• 4:15
  Speaker 5: the Lord, open the bank account, let's see what Let's
• 4:19
  Speaker 5: see what we.
• 4:19
  Speaker 3: Got to check them because even the banks to take
• 4:21
  Speaker 3: the money from me.
• 4:21
  Speaker 7: If you don't check on it, who's missing? Where is
• 4:24
  Speaker 7: the net now, earners, what's up?
• 4:28
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• 4:32
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• 4:59
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• 5:02
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• 5:28
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• 5:31
  Speaker 5: can keep pushing your vision forward. This episode is brought
• 5:37
  Speaker 5: to you by P and C Bank. A lot of
• 5:39
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• 5:43
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• 5:46
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• 5:51
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• 5:53
  Speaker 5: It might seem boring to save, plan and make calculated
• 5:56
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• 5:59
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• 6:03
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• 6:07
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• 6:14
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• 6:18
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 6:21
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 6:26
  Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
• 6:30
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 6:34
  Speaker 1: some of the heinous migrant criminals caught because of President
• 6:38
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 6:41
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 6:46
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 6:50
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 6:53
  Speaker 1: are here illegally, your next you will be fined. Nearly
• 6:57
  Speaker 1: one thousand dollars a day. Imprisoned and report it, you
• 7:01
  Speaker 1: will never return. But if you register using our CBP
• 7:04
  Speaker 1: home app and leave now, you could be allowed to
• 7:07
  Speaker 1: return legally. Do what's right. Leave now. Under President Trump,
• 7:12
  Speaker 1: America's laws, border and families will be protected.
• 7:16
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 7:18
  Speaker 5: Those are the things I'm looking at, and so like,
• 7:20
  Speaker 5: once i see something that's off or something that is delayed,
• 7:24
  Speaker 5: I'll hit first thing.
• 7:25
  Speaker 7: I'm like checking with Danielle, like what's going on?
• 7:28
  Speaker 5: Yeah, ab And then the last thing I do is like,
• 7:31
  Speaker 5: y'all hit Shotty, like, yo, here's the update his what's
• 7:32
  Speaker 5: going on?
• 7:33
  Speaker 7: So, I mean, we always talk about money because it's necessary.
• 7:36
  Speaker 5: And then obviously I hit Mike because I know he
• 7:39
  Speaker 5: wakes up a little bit later and he's like in
• 7:40
  Speaker 5: the gym in the morning. Yeah, so I'll wait to
• 7:42
  Speaker 5: hit him about some things. But yeah, as friends, we
• 7:46
  Speaker 5: do it because we're in business together. So it's a
• 7:48
  Speaker 5: very unique situation, but it's important.
• 7:51
  Speaker 7: Yeah, shanty, what you think, hold it close to the chest.
• 7:54
  Speaker 5: What we do, even unless you named for small, Well,
• 7:59
  Speaker 5: I grew up with these guys, so yeah, everything is different.
• 8:01
  Speaker 3: I mean I think it's just common sense.
• 8:02
  Speaker 4: Like you know, you don't talk about money with every
• 8:04
  Speaker 4: single person for no reason. But in this scenario of
• 8:08
  Speaker 4: you know, trying to work, like scenario I gave was.
• 8:13
  Speaker 3: Trying to figure out a deal, like you know what
• 8:14
  Speaker 3: I mean, podcasters, that's different. You know, provide.
• 8:17
  Speaker 4: Information with each other in that way that you know
• 8:19
  Speaker 4: you'll be better suited to know, like, Okay, this person
• 8:21
  Speaker 4: got this much, and I know that I could you know,
• 8:24
  Speaker 4: reasonably act for this much, Like that's something that's reasonable.
• 8:27
  Speaker 3: But how much you get for a ad on your show?
• 8:29
  Speaker 4: Like you know, if you never should have information and
• 8:32
  Speaker 4: it's not really that beneficial. So I think that that's
• 8:34
  Speaker 4: something you'll necessarily have to be like best of friends,
• 8:37
  Speaker 4: you have like a cordial working relationship to understand like
• 8:41
  Speaker 4: David Sham's how much are you.
• 8:42
  Speaker 3: Charging add for your show? Yeah, you know, I don't.
• 8:45
  Speaker 4: I don't think it would be unreasonable for him to
• 8:48
  Speaker 4: tell me. He doesn't have to tell me like how
• 8:50
  Speaker 4: much money he has in his bank account. But you
• 8:53
  Speaker 4: know there's different money conversations. Yeah, So you know, I
• 8:57
  Speaker 4: think that it's beneficial to have conversations about money when
• 9:02
  Speaker 4: it makes sense. As far as like, you know, if
• 9:03
  Speaker 4: you've got a person that you're doing business with, or
• 9:06
  Speaker 4: somebody that's in your in your same peer group or
• 9:10
  Speaker 4: the same industry, industry, conversation is very important. I think
• 9:14
  Speaker 4: that's more outside of Yeah, it's just common sense most
• 9:17
  Speaker 4: of the time, you're not just going to tell somebody like,
• 9:19
  Speaker 4: this is how much money I have in my bank account,
• 9:21
  Speaker 4: this is how much money I made last year, randomly.
• 9:24
  Speaker 4: But what problems is like even in corporate, it happens
• 9:27
  Speaker 4: a lot in corporate with people don't know how much
• 9:30
  Speaker 4: somebody else is getting paid, and that affects your negotiating skills,
• 9:34
  Speaker 4: that affects your ability to actually act for a raise.
• 9:37
  Speaker 4: That is, you know, you don't know how to gauge
• 9:40
  Speaker 4: if you're getting underpaid or not right. So sharing information
• 9:45
  Speaker 4: and actually knowing what the numbers are are beneficial for sure,
• 9:51
  Speaker 4: And that's something that you know, I think you've got
• 9:57
  Speaker 4: to kind of be a little bit more comfortable doing
• 9:59
  Speaker 4: that because that's something that is helpful. It's not like
• 10:03
  Speaker 4: you're just sharing that information just to make you like
• 10:06
  Speaker 4: nosy and jealous about what you got. So delicate situation,
• 10:11
  Speaker 4: But like I said, I think you know you got
• 10:13
  Speaker 4: to use your your common sense. See, you know, obviously
• 10:16
  Speaker 4: some people it's just there's no benefit in sharing it. Like,
• 10:19
  Speaker 4: if there's no benefit in sharing the information, then what's
• 10:22
  Speaker 4: the point of sharing it. But if there's a benefit
• 10:25
  Speaker 4: for you or for somebody else, and you could see
• 10:28
  Speaker 4: like that's actually beneficial, then I think that, you know,
• 10:32
  Speaker 4: it's a different conversation.
• 10:34
  Speaker 3: Yeah, before we leave, they're gonna tell you how much
• 10:38
  Speaker 3: they got in their bank account.
• 10:41
  Speaker 7: They're they're old up.
• 10:44
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 10:48
  Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
• 10:52
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 10:56
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 11:00
  Speaker 1: some of the heinous migrant criminals caught because of President
• 11:04
  Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
• 11:08
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 11:12
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 11:16
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 11:19
  Speaker 1: are here illegally, your next you will be fined nearly
• 11:23
  Speaker 1: one thousand dollars a day. Imprisoned and deported, you will
• 11:27
  Speaker 1: never return. But if you register using our CBP home
• 11:31
  Speaker 1: app and leave now, you could be allowed to return legally.
• 11:35
  Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
• 11:40
  Speaker 1: border and families will be protected.
• 11:42
  Speaker 2: Sponsored by the United States Department of Homeland Security,