Latest / The Table with Anthony ONeal / Dave Ramsey Was Wrong? The New Reality of Credit Scores in 2025

Transcript

Dave Ramsey Was Wrong? The New Reality of Credit Scores in 2025 · The Table with Anthony ONeal

0:01
[SPEAKER_00]: It's twenty twenty-five.
0:03
[SPEAKER_00]: And the last four I was going on five years now has been transformational for me.
0:13
[SPEAKER_00]: But that's four years, man, from being on a mall, from growing evolving and maturing, from being back in school.
0:23
[SPEAKER_00]: For those of you all who are just new to this man, I've had the opportunity to go back to school to finish my bachelor's with then finance and banking.
0:31
[SPEAKER_00]: My masters, my MBA, executive MBA is in finance and church management.
0:37
[SPEAKER_00]: And then I'll be starting my doctorate here this fall.
0:43
[SPEAKER_00]: getting a doctorate in finance and investing.
0:46
[SPEAKER_00]: And today I want to have a heart to heart conversation with you all, because I've been on this journey with you all for years, years.
0:57
[SPEAKER_00]: Almost fifteen years now, helping you get out of debt, build real wealth and take control of your life.
1:04
[SPEAKER_00]: And for a long time, I've stood ten toes down on this one message.
1:12
[SPEAKER_00]: Cut up your credit cards.
1:14
[SPEAKER_00]: No debt.
1:17
[SPEAKER_00]: And do not care about a credit score period.
1:24
[SPEAKER_00]: But today I got to be real with you.
1:27
[SPEAKER_00]: My mind has shifted.
1:28
[SPEAKER_00]: My mind has evolved.
1:34
[SPEAKER_00]: Now, I want to say this up front because I think a lot of you all know me from my days working with the guru, the general himself Dave Ramsey and that amazing team over there and do not get it twisted from the very beginning.
1:47
[SPEAKER_00]: I am not switching sides.
1:48
[SPEAKER_00]: I still believe that we should be consumer debt free and that being in debt can be a dangerous trap.
1:58
[SPEAKER_00]: for our future.
1:59
[SPEAKER_00]: So do not get it twisted.
2:00
[SPEAKER_00]: This is not Anthony San, oh my gosh, he didn't went over to the right.
2:03
[SPEAKER_00]: Now he is, no, no, no, no, no, I'm not.
2:07
[SPEAKER_00]: But where I have changed what I have learned, where I have kind of evolved.
2:14
[SPEAKER_00]: And today's world, the operating with no credit history at all can be just as limiting.
2:24
[SPEAKER_00]: I want to give us a little reality check because I believe that now that with me being an actual professor at an actual HBCU, the greatest HBCU, Virginia University, that if your credit is invincible, meaning you have no credit history because what I've taught before is that you should have a zero credit score.
2:49
[SPEAKER_00]: Well, in today's day and time, in twenty twenty five, you could end up paying for more, not for more.
2:55
[SPEAKER_00]: You could end up paying more for the things like housing and insurance and even some job opportunities.
3:02
[SPEAKER_00]: And that's the truth.
3:03
[SPEAKER_00]: A zero credit score doesn't make you necessarily safe, right?
3:08
[SPEAKER_00]: It can make you expensive.
3:12
[SPEAKER_00]: to lenders when it comes to getting a mortgage and to landlords.
3:17
[SPEAKER_00]: Because if you have a zero credit score, if you have nothing there, then for some odd reason, in today's day and time, which is it is confusing to me that you are penalized for having a zero credit score, which means you have no debt.
3:35
[SPEAKER_00]: But you will still have to pay the highest interest.
3:38
[SPEAKER_00]: All of this is a game.
3:41
[SPEAKER_00]: All of it is a gaming.
3:42
[SPEAKER_00]: We gotta learn how to start playing it.
3:46
[SPEAKER_00]: So I used to think, you know what?
3:48
[SPEAKER_00]: Having no credit score.
3:50
[SPEAKER_00]: I'm good.
3:51
[SPEAKER_00]: It's a good thing.
3:53
[SPEAKER_00]: But here's what I learned.
3:54
[SPEAKER_00]: The goal isn't to be invisible.
3:57
[SPEAKER_00]: It is to be intentional.
3:58
[SPEAKER_00]: The whole goal is to get you out of the red and into the black.
4:03
[SPEAKER_00]: being in the black is not necessarily skin color.
4:07
[SPEAKER_00]: People, it means that you're no longer in debt.
4:10
[SPEAKER_00]: It means you're no longer in the negative.
4:13
[SPEAKER_00]: You're not living paycheck to paycheck.
4:15
[SPEAKER_00]: You're building wealth.
4:17
[SPEAKER_00]: But the path might include learning how to use this score as a tool, not as a crutch.
4:29
[SPEAKER_00]: So the credit score isn't the problem.
4:32
[SPEAKER_00]: Miss using it is the problem.
4:35
[SPEAKER_00]: Using it to get into more consumer debt is the problem.
4:40
[SPEAKER_00]: I want to look at the credit score like a actual car.
4:45
[SPEAKER_00]: If you don't know how to drive it, you'll wreck your life.
4:48
[SPEAKER_00]: But if you learn the rules, stay focused and drive with purpose, you can go places.
4:57
[SPEAKER_00]: a recent article on Yahoo Finance, broke it down like this.
5:01
[SPEAKER_00]: People with higher credit scores can save thousands on a mortgage because they qualify for better interest rates.
5:10
[SPEAKER_00]: In fact, raising your score by just a hundred points can lower your interest rate by point sixty percent or more.
5:19
[SPEAKER_00]: Which could mean tens of thousands of dollars and savings over the life of your loan.
5:26
[SPEAKER_00]: So, let me say this.
5:30
[SPEAKER_00]: You see, it's not about chasing a score for the sake of Ego.
5:34
[SPEAKER_00]: It's about unlocking better opportunities while staying debt free and disciplined.
5:41
[SPEAKER_00]: I gotta say this one more time.
5:43
[SPEAKER_00]: I am not sitting here and saying chase a seven hundred eight hundred credit score.
5:48
[SPEAKER_00]: No, no, no, no.
5:50
[SPEAKER_00]: It's about unlocking better opportunities that will save you thousands throughout the year that you can put towards building wealth, that you can put towards your margin that allows you to invest, that allows you to so-sees, that creates opportunities for you.
6:09
[SPEAKER_00]: This is why I recommend Doble AI because it is a free tool to help you build or repair your credit the smart way.
6:23
[SPEAKER_00]: I get it, Anthony, Anthony, whoa, whoa, whoa.
6:25
[SPEAKER_00]: Anthony, wait a minute, you're not making sense, Anthony, because years and years and years ago, you told us that, you know, if you can have a zero credit score and do, you know, you could do a manual base manual underwriting to get a mortgage, absolutely correct.
6:41
[SPEAKER_00]: I'm not disputing anything.
6:43
[SPEAKER_00]: I know a lot of you all clicked on this because you saw the title and he thought I was going to attack Dave Ramsey and Ramsey Solutions and what they're teaching what they're doing over there.
6:51
[SPEAKER_00]: No, no, no, no, no.
6:52
[SPEAKER_00]: What Dave and his amazing personalities and an amazing company over there is doing is phenomenal.
6:57
[SPEAKER_00]: It is because of the seven baby steps.
7:00
[SPEAKER_00]: It is because of his teachings that I can stand today and be consumer debt free.
7:05
[SPEAKER_00]: Had my teaching shifted and changed and evolved.
7:09
[SPEAKER_00]: Well, but it asked five years of now being back on my own.
7:12
[SPEAKER_00]: Yes, because now that I'm back in my world, respectfully saying this.
7:17
[SPEAKER_00]: There are just certain things that I just see differently, but there's no way in the world that I can knock a man that is worth ten times me.
7:24
[SPEAKER_00]: That has built something ten times me, you understand what I'm saying?
7:27
[SPEAKER_00]: What he is teaching works, but I have learned that sometimes we can be so dogmatic that we think this is the only way to financial freedom.
7:43
[SPEAKER_00]: I was coming home.
7:45
[SPEAKER_00]: I was leaving my office one day and going to another place.
7:50
[SPEAKER_00]: I'm not another place.
7:51
[SPEAKER_00]: I was leaving my office, leaving this studio, going home.
7:54
[SPEAKER_00]: And I am so used to going this way.
7:57
[SPEAKER_00]: I'm so used to going this way.
8:00
[SPEAKER_00]: I'm so used to going this way.
8:01
[SPEAKER_00]: On this one particular day, my navigation system told me, though, hey, you need to go this way.
8:07
[SPEAKER_00]: It didn't tell me why.
8:08
[SPEAKER_00]: I didn't see no traffic in front of me.
8:10
[SPEAKER_00]: I didn't see no.
8:10
[SPEAKER_00]: It said, hey, take this way.
8:12
[SPEAKER_00]: I was like, oh, wait a minute.
8:13
[SPEAKER_00]: That's a long, that's a, that's a, that's a different way.
8:17
[SPEAKER_00]: It's a long way.
8:18
[SPEAKER_00]: It's not gonna work.
8:19
[SPEAKER_00]: No, I'm gonna stay on this way and y'all.
8:22
[SPEAKER_00]: What normally took me, twenty two minutes to get home took me an hour and thirty minutes to get home.
8:28
[SPEAKER_00]: Because halfway through, watch this, what I couldn't see my navigation system song.
8:34
[SPEAKER_00]: And so because I was so dogmatic on going the way that I'm used to going because this I believe is the best and the only way.
8:43
[SPEAKER_00]: I completely forgot that sometimes.
8:46
[SPEAKER_00]: There are other ways to get to the destination.
8:52
[SPEAKER_00]: And the other way on my navigation system said I would have been home in thirty one minutes, a little bit longer than the average twenty two minutes and it only takes me.
9:02
[SPEAKER_00]: But on that particular day, because I was just so focused on this way, I wanna have.
9:10
[SPEAKER_00]: What am I saying?
9:12
[SPEAKER_00]: That there's different paths to finance a freedom, and you gotta find a path that aligns with you.
9:20
[SPEAKER_00]: This is why we've started to end the black community.
9:23
[SPEAKER_00]: And you're gonna be learning more about this over the years.
9:25
[SPEAKER_00]: And this is why I've partnered with companies like Dodley AI because I hate debt with the passion.
9:32
[SPEAKER_00]: I hate consumer debt with a passion.
9:35
[SPEAKER_00]: And I think in twenty twenty five, we gotta find a creative way on how can we play the game without falling in the game?
9:41
[SPEAKER_00]: Because here is the truth.
9:45
[SPEAKER_00]: Money is a game.
9:47
[SPEAKER_00]: You could either play the game or you could be a piece in the game.
9:52
[SPEAKER_00]: And I want to teach you all how do you play it without screwing up your life.
9:57
[SPEAKER_00]: And this is why I partnered with Doffley.
10:00
[SPEAKER_00]: This is why I shifted my mindset because there's ways you can have a seven hundred eight hundred credit score without being in any consumer debt.
10:11
[SPEAKER_00]: And here's what you should know, but my friends will wear Dovely.
10:13
[SPEAKER_00]: I want you to go over Anthonyonio.com and sign up for Dovely, because the very first thing is, it's free.
10:20
[SPEAKER_00]: You don't have to do nothing today to get to eight hundred seven hundred credit score.
10:24
[SPEAKER_00]: As a matter of fact, there are free members seeing average of thirty four points.
10:30
[SPEAKER_00]: Increase within a matter of thirty days, free members.
10:34
[SPEAKER_00]: You simply go on a line.
10:38
[SPEAKER_00]: You don't have to pay nothing.
10:41
[SPEAKER_00]: Dov is going to pull your information and they're going to help you get to where you want to go.
10:46
[SPEAKER_00]: But here's what I also love.
10:48
[SPEAKER_00]: Premium members.
10:49
[SPEAKER_00]: Watch this.
10:50
[SPEAKER_00]: I'm a premium member on average season by the AB two point increase.
10:55
[SPEAKER_00]: So you can do it free and see thirty four points.
10:58
[SPEAKER_00]: So if you're at a six hundred you need to get to a seven hundred and thirty four points, do the free membership, try it out.
11:03
[SPEAKER_00]: Because what does it hurt to try it out for thirty sixty days?
11:08
[SPEAKER_00]: And then if you see the third or four point increase, boom, become a premium member like myself.
11:13
[SPEAKER_00]: Here's what I love though.
11:15
[SPEAKER_00]: Ninety six percent abusers with a score under five hundred and fifty see improvement.
11:22
[SPEAKER_00]: So if you got a score below six hundred, you've had some issues in the past.
11:28
[SPEAKER_00]: We are in a day and time to where we need to utilize AI.
11:34
[SPEAKER_00]: Because AI is like, AOL back in the nineties.
11:38
[SPEAKER_00]: So many people were scared.
11:40
[SPEAKER_00]: And I want to say this respectfully.
11:42
[SPEAKER_00]: So many people, specifically black people, we were scared of AOL.
11:48
[SPEAKER_00]: We were scared of the internet.
11:50
[SPEAKER_00]: We were scared of the cell phones coming to our ears.
11:52
[SPEAKER_00]: My grandmother told me they were scared of the microwave because they thought it would bring cancer.
11:59
[SPEAKER_00]: So now we're seeing AI on the rise and some of us are scared to utilize this tool.
12:07
[SPEAKER_00]: But this tool is helping people tremendously.
12:12
[SPEAKER_00]: You see, doubly users have an average credit limit of four thousand seven hundred.
12:18
[SPEAKER_00]: Now I got to say this upfront.
12:19
[SPEAKER_00]: Yes, you're going to utilize this tool and they're going to give you your credit limit that is now reported to your credit report.
12:25
[SPEAKER_00]: But you're going to use this.
12:26
[SPEAKER_00]: It's not a credit card.
12:27
[SPEAKER_00]: It's not not like that.
12:29
[SPEAKER_00]: You're going to use the baby because you can purchase some things on there, but you're not going to purchase anything.
12:33
[SPEAKER_00]: Remember, we do not borrow money here.
12:36
[SPEAKER_00]: Me clearly.
12:38
[SPEAKER_00]: I'm teaching you how to use the game.
12:42
[SPEAKER_00]: I'm teaching you how to use the game.
12:45
[SPEAKER_00]: They're not pulling credit.
12:47
[SPEAKER_00]: They're going to place this on there and you're not going to buy nothing because we do not do consumer debt.
12:54
[SPEAKER_00]: But I do need you to head over and sign up at Anthonyonio.com for SAS Dobley because, over the last year, Dobley has helped over one million people raise in scores by over fourteen million points.
13:12
[SPEAKER_00]: It's easy to use, it's transparent, and actually works.
13:19
[SPEAKER_00]: Okay?
13:20
[SPEAKER_00]: It actually works.
13:23
[SPEAKER_00]: Now hear me when I say this.
13:27
[SPEAKER_00]: This is not permission to go out, get credit cards, and get back into debt.
13:35
[SPEAKER_00]: That's not stewardship.
13:37
[SPEAKER_00]: That is one hundred percent slavery to my friends and brothers and sisters who are watching this.
13:52
[SPEAKER_00]: That is hurting us.
13:58
[SPEAKER_00]: We're seeing our world change.
14:00
[SPEAKER_00]: Heck, just three hundred thousand African American ladies have been let go within the last ninety days.
14:10
[SPEAKER_00]: The world is shifting, the new norm is becoming.
14:16
[SPEAKER_00]: So what I'm teaching today is about wisdom, not wellness, purpose, not pressure.
14:27
[SPEAKER_00]: Future.
14:28
[SPEAKER_00]: Not past.
14:33
[SPEAKER_00]: What I'm teaching today is about how do we get the freedom by using the tools that we have today.
14:42
[SPEAKER_00]: And the truth that, in fact, is what I'm teaching may not work for you.
14:47
[SPEAKER_00]: It's working for me and it's working for people within my community.
14:52
[SPEAKER_00]: But you may look at these in black.
14:53
[SPEAKER_00]: No, no, no, no.
14:54
[SPEAKER_00]: I want to stick with this plan.
14:56
[SPEAKER_00]: You know, stick with the plan that best resonates with you.
15:00
[SPEAKER_00]: I'm not in a place of my life to where I want to knock someone else's plan.
15:05
[SPEAKER_00]: I want to teach what has worked for me, what is working for me, and specifically, respectfully saying is, people of color.
15:19
[SPEAKER_00]: And hopefully a lot.
15:23
[SPEAKER_00]: What's going to happen then I want to thank my friends who are doubly for sponsoring today's episode.
15:27
[SPEAKER_00]: You see with rising rent, inflation, and high interest rates, your credit score matters more than ever.
15:34
[SPEAKER_00]: Whether you are trying to buy a home or just qualify for an apartment, it all starts honestly having good credit.
15:42
[SPEAKER_00]: You see, this is where my friends and dogly AI comes in.
15:45
[SPEAKER_00]: Watch this.
15:46
[SPEAKER_00]: It's a hundred percent free app that helps you build, fix, monitor, and even protect your credit.
15:51
[SPEAKER_00]: With no confusion and no stress, just smart AI power support that works when
15:57
[SPEAKER_00]: hundred percent consumer debt free.
15:59
[SPEAKER_00]: EWI helps you build credit fast, helps you fix errors quickly, and stay protected with weekly updates, real time alerts, and here's the best part about it, a one million dollar IDF insurance policy.
16:13
[SPEAKER_00]: Here's what I'm up about, Doc.
16:15
[SPEAKER_00]: On average, users are saying about three or four points.
16:17
[SPEAKER_00]: Go up when it comes to your credit before.
16:19
[SPEAKER_00]: No credit card required.
16:21
[SPEAKER_00]: And premium members average in any two point boost on their credit score.
16:26
[SPEAKER_00]: The better your score, the more you say.
16:28
[SPEAKER_00]: And the more you get approved.
16:30
[SPEAKER_00]: Listen, I need to go check out my friends over at ampinooneau.com.
16:34
[SPEAKER_00]: For slash, doc, again, that is ampinooneau.com D-O-V-L-I.
16:41
[SPEAKER_00]: If you're tired of hearing no, because I've been credit scores, it's time to take control with my friends.
16:46
[SPEAKER_00]: Don't take them out right now, and let's get back to today's show.
16:52
[SPEAKER_00]: I want to give you a new approach to money going forward.
17:02
[SPEAKER_00]: I want to give you this approach to money and even your credit score going forward.
17:07
[SPEAKER_00]: I honestly broke down money.
17:10
[SPEAKER_00]: I broke down money.
17:12
[SPEAKER_00]: And we're going to have this up on a screen.
17:13
[SPEAKER_00]: We'll just take a screenshot of this and post it on Instagram and tag me on it.
17:18
[SPEAKER_00]: Send me an email too and let me know what you think about this.
17:23
[SPEAKER_00]: The M inside of money stands for mindset.
17:27
[SPEAKER_00]: We got a shift from fear-based thinking to faith-based stewardship.
17:36
[SPEAKER_00]: Is he money and a credit score?
17:42
[SPEAKER_00]: They're tools.
17:46
[SPEAKER_00]: And you all know me for years.
17:48
[SPEAKER_00]: I have been teaching something that one of my good friends passed the EC West and taught me years ago.
17:55
[SPEAKER_00]: He told me, yo, you need to start minding your business.
18:00
[SPEAKER_00]: And there are two components to that.
18:01
[SPEAKER_00]: Like, the first component is what we all all think, only hear that.
18:05
[SPEAKER_00]: Yo, mind your business.
18:06
[SPEAKER_00]: Stay out of the people business, say out of other people's life.
18:09
[SPEAKER_00]: Because when we start doing it, it jacks up our mind.
18:12
[SPEAKER_00]: And when it jacks up our mind, it jacks up our number one business, which is our mind.
18:18
[SPEAKER_00]: Your mind is your business.
18:21
[SPEAKER_00]: So mind your business.
18:25
[SPEAKER_00]: We gotta start shifting things in here first.
18:29
[SPEAKER_00]: And how we shifting things in here is like, y'all, money is not a bad thing.
18:33
[SPEAKER_00]: Money answers all things.
18:36
[SPEAKER_00]: Credit is not even a bad thing.
18:40
[SPEAKER_00]: A credit score is not even a bad thing.
18:43
[SPEAKER_00]: We have to understand money is a tool.
18:46
[SPEAKER_00]: A credit score is a tool.
18:49
[SPEAKER_00]: How we use these tools can go two ways.
18:55
[SPEAKER_00]: We use the tools to build something or we use tools to break something now.
19:02
[SPEAKER_00]: Sometimes, this is not deep, but it's just real.
19:07
[SPEAKER_00]: Sometimes we do have to use tools to break things down.
19:12
[SPEAKER_00]: But for the most part, when it comes to our money, money is a tool to build something.
19:19
[SPEAKER_00]: You see the O inside of money for me stands for Omniscient.
19:26
[SPEAKER_00]: We gotta start taking responsibility for the choices that we make.
19:31
[SPEAKER_00]: Your credit report is your financial report card.
19:34
[SPEAKER_00]: You own it.
19:36
[SPEAKER_00]: If you look at my credit report today, no consumer debt, all of my cars are paid for.
19:43
[SPEAKER_00]: Jerry's paid for, clothes are paid for.
19:46
[SPEAKER_00]: You just see real estate on there.
19:49
[SPEAKER_00]: And, dovly, right?
19:53
[SPEAKER_00]: Because I want to rack up more real estate.
19:56
[SPEAKER_00]: And I am.
19:57
[SPEAKER_00]: This is another thing that has shifted.
20:00
[SPEAKER_00]: Specifically within the African American culture, we're going to build wealth.
20:03
[SPEAKER_00]: One of the key things of building wealth is home ownership.
20:07
[SPEAKER_00]: And how do we get access to home ownership is by leveraging
20:12
[SPEAKER_00]: credit as far as delivering loans to purchase that.
20:16
[SPEAKER_00]: I'm actually going to do a show with my realtor coalition group on how do we do this because I'm in the past.
20:22
[SPEAKER_00]: I've always said, hey, you can finance your primary home, but then pay cash for your investment home.
20:28
[SPEAKER_00]: My philosophy has shifted.
20:29
[SPEAKER_00]: I think there's a way we could do this without having too much real estate to what we are over capacity.
20:38
[SPEAKER_00]: But there is a way that we can get into it.
20:42
[SPEAKER_00]: and still be good stewards of that.
20:45
[SPEAKER_00]: Again, some may disagree with it.
20:48
[SPEAKER_00]: That's fine.
20:50
[SPEAKER_00]: That's fine.
20:51
[SPEAKER_00]: That's fine.
20:53
[SPEAKER_00]: But homeownership is important in today's day and time.
21:00
[SPEAKER_00]: How do I say this?
21:02
[SPEAKER_00]: Ownership within the Black community equals freedom and it produces freedom.
21:07
[SPEAKER_00]: I was on a show
21:09
[SPEAKER_00]: And someone asked me, what did your goal Anthony find out to me?
21:12
[SPEAKER_00]: I said, don't rush it.
21:13
[SPEAKER_00]: I said, why?
21:14
[SPEAKER_00]: I'm not just talking about home on the show.
21:15
[SPEAKER_00]: I'm just talking about ownership.
21:17
[SPEAKER_00]: Period.
21:19
[SPEAKER_00]: Money is a tool.
21:20
[SPEAKER_00]: I'm using that tool to own.
21:22
[SPEAKER_00]: Once I own something, it brings freedom.
21:25
[SPEAKER_00]: One of the things that I've told my team, we'd even had someone transition recently off of our team and I'm super excited for this particular person because
21:35
[SPEAKER_00]: I know what it feels like to be at a job and I think that that job is the best thing.
21:40
[SPEAKER_00]: But yeah, I don't know, I'm working, I was working my butt off for you, for your family, not for me and my family.
21:46
[SPEAKER_00]: And I'm not saying that everyone who works at a nine or five job is, is don't own anything.
21:51
[SPEAKER_00]: No, no, no, I want you to, I want you to own something though, because if this company falls, Anthony will always be taking care of.
22:00
[SPEAKER_00]: You need to have something on your end
22:03
[SPEAKER_00]: that you own, whether that's stocks, that is, you know, a real estate, that is a side business that you're building, you ownership brains a level of freedom that the majority of people just do not have.
22:19
[SPEAKER_00]: Which leads me to the end inside of money, navigation.
22:23
[SPEAKER_00]: We gotta learn the rules.
22:26
[SPEAKER_00]: We got to learn the rules when it comes to credit scores.
22:29
[SPEAKER_00]: We got to learn the rules when it comes to building a budget.
22:32
[SPEAKER_00]: We got to learn the rules when it comes to a solid plan and building a solid path.
22:38
[SPEAKER_00]: Because we cannot afford to be just wondering around, we have to know the direct navigation system that we got to have.
22:46
[SPEAKER_00]: And watch this sometimes the navigation system is going to shift with whoever's behind the wheel.
22:54
[SPEAKER_00]: Or I'm teaching good.
22:56
[SPEAKER_00]: The navigation system for your life is going to look different from my life.
23:00
[SPEAKER_00]: And the navigation system for my life is going to look different from Joe's life.
23:05
[SPEAKER_00]: What we have to learn is, how do we step back?
23:08
[SPEAKER_00]: How do we gather the information from Dave Ramsey, from her and your leisure, from Wall Street, Chaper, from Courtney, from Anthony O'Neill, gather all this information, and they're like, all right, back, cool, great.
23:19
[SPEAKER_00]: Whoa, whoa, whoa, tick me budget, nesta, can't forget her.
23:22
[SPEAKER_00]: Actually, empowers, can't forget her.
23:24
[SPEAKER_00]: The stewardship coach can't forget him.
23:27
[SPEAKER_00]: How do we gather all this information, and then we,
23:31
[SPEAKER_00]: Keep behind the wheel and we decide what's my direction.
23:36
[SPEAKER_00]: Where am I going?
23:39
[SPEAKER_00]: Because the truth of the fact is, it's not one size fits all.
23:45
[SPEAKER_00]: It's not just one thing is the best and the only way.
23:48
[SPEAKER_00]: No, it's not.
23:52
[SPEAKER_00]: That's why I'm the opportunity to stay the HBCU to go and get my doctorate.
23:57
[SPEAKER_00]: No, I'm going to a PWI because I understand that I'm only thinking and only learning from a black perspective is not the best way.
24:09
[SPEAKER_00]: It's not the healthiest way.
24:11
[SPEAKER_00]: So my navigation system, because I want to help and serve all people with the emphasis of helping my minority and black people, I gotta go over here to the world and learn something so I can come back home.
24:23
[SPEAKER_00]: And teach.
24:25
[SPEAKER_00]: I never want to be the money God has said, yo, you're dumb.
24:28
[SPEAKER_00]: If you don't do it my way.
24:29
[SPEAKER_00]: No, I want to give you all the things God has given me.
24:33
[SPEAKER_00]: I want to place it into your hands.
24:36
[SPEAKER_00]: And I want to give you the opportunity to make your decision.
24:39
[SPEAKER_00]: You know why?
24:40
[SPEAKER_00]: Because if God doesn't force you to serve him, I'm not going to force you to follow me.
24:46
[SPEAKER_00]: I'm just going to give you the tools necessary to decide your own navigation system.
24:52
[SPEAKER_00]: Which leads me, tools, to the end, inside of money, education.
24:58
[SPEAKER_00]: I want to give you so much education that I've learned and that I'm learning.
25:04
[SPEAKER_00]: So that you were going to do more of it.
25:06
[SPEAKER_00]: That you will go do some more research and that you will use tools like Dovely AI.
25:14
[SPEAKER_00]: I'm not here learning.
25:16
[SPEAKER_00]: I'm not here studying.
25:18
[SPEAKER_00]: I reset the Dovely.
25:20
[SPEAKER_00]: I said, Dovely, I love what you all are doing.
25:22
[SPEAKER_00]: Can we partner for a period of time and help my people?
25:25
[SPEAKER_00]: It was like, y'all, we love it.
25:26
[SPEAKER_00]: Yes, we would love to be a part of it.
25:29
[SPEAKER_00]: Because I was on my hair searching because I'm like, I've had so many people tell me Anthony, you're telling me not to get a credit card, but you tell me it's, but it's like, man, I typed in my information and because my credit score wasn't the, you know, it was super low because I paid off all my debt.
25:44
[SPEAKER_00]: Man, my premium went up.
25:47
[SPEAKER_00]: I get it, y'all.
25:48
[SPEAKER_00]: When I first signed up for State Farm, I told you all my insurance thing.
25:52
[SPEAKER_00]: Matt, Matt, Matt, on my steering show.
25:54
[SPEAKER_00]: When I first signed up for State Farm, I had a zero credit score, because I didn't have, I paid off all my debt.
26:00
[SPEAKER_00]: Actually, I'm sorry.
26:01
[SPEAKER_00]: I'm lying.
26:01
[SPEAKER_00]: I didn't have a zero credit score.
26:03
[SPEAKER_00]: I had like a five hundred, because I paid off all my collections.
26:06
[SPEAKER_00]: I had no open stuff.
26:08
[SPEAKER_00]: And so I was like, boom, I had a low credit score, because all I had was zero paid off collection items.
26:15
[SPEAKER_00]: So my credit score shot.
26:17
[SPEAKER_00]: And so I had to pray more money, didn't have any debt.
26:20
[SPEAKER_00]: I had to pay more money.
26:23
[SPEAKER_00]: So I stuck with State Farm for all these years and years and years and years.
26:27
[SPEAKER_00]: That's my cars elevated because you know, I upgraded my cars, so did my premiums.
26:32
[SPEAKER_00]: And I was like, y'all why am I paying you all?
26:35
[SPEAKER_00]: Examine it.
26:35
[SPEAKER_00]: What?
26:37
[SPEAKER_00]: Then I realized, yo bro, you had to file a hundred.
26:40
[SPEAKER_00]: Today you're at a eight hundred, wait a minute.
26:43
[SPEAKER_00]: So when I went shopping for new credit scores, I made it for new insurance.
26:49
[SPEAKER_00]: My premium went down with six hundred dollars from my car.
26:51
[SPEAKER_00]: That's fifty percent.
26:56
[SPEAKER_00]: But if my score would have stayed the same or went down to a zero, I would be spending six hundred dollars more.
27:04
[SPEAKER_00]: We got to start reading.
27:06
[SPEAKER_00]: We got to start researching and we have to start using the tools.
27:09
[SPEAKER_00]: If you have not signed up for doubly yet, you crazy.
27:14
[SPEAKER_00]: It should be up on the screen.
27:15
[SPEAKER_00]: If you listen to a podcast, go to amphonyonio.com for slash.com.
27:21
[SPEAKER_00]: That's D-O-V-L-Y.
27:24
[SPEAKER_00]: Please come to the last-Y.
27:28
[SPEAKER_00]: You'd make your money produce.
27:36
[SPEAKER_00]: Stop using money as a tool to pay bills.
27:41
[SPEAKER_00]: Start making your money yield you more money.
27:46
[SPEAKER_00]: Or that I savings, investments.
27:49
[SPEAKER_00]: Using it to leverage it to purchase more real estate, more land.
27:54
[SPEAKER_00]: Your money should get to a point where it's working harder for you.
27:59
[SPEAKER_00]: Not you working harder for more money to give that money away to something else that doesn't yield you anything.
28:11
[SPEAKER_00]: Here's the bottom line as we end today, so.
28:15
[SPEAKER_00]: I am not saying go get into consumer debt.
28:19
[SPEAKER_00]: Hail, no.
28:21
[SPEAKER_00]: What I'm saying is be wise, be intentional, and be a good steward.
28:27
[SPEAKER_00]: Your credit score can be a tool.
28:30
[SPEAKER_00]: Not a trap.
28:31
[SPEAKER_00]: I've been doing this for like four years now.
28:35
[SPEAKER_00]: if we learn the system, if we learn the game, if we master the mindset and stay disciplined, you can walk into financial freedom with strategy and what hundred percent no stress.
28:52
[SPEAKER_00]: It's matter of fact, if this message hit home for you today, if my change of thought, if my change of opinion,
29:05
[SPEAKER_00]: Resonate it with you today.
29:06
[SPEAKER_00]: Drop the word stewardship inside the comments right now.
29:10
[SPEAKER_00]: Let me know that Anthony I see it.
29:12
[SPEAKER_00]: Anthony I like it.
29:15
[SPEAKER_00]: Again, I want to end this show.
29:17
[SPEAKER_00]: By honoring the man that impacted my life.
29:22
[SPEAKER_00]: Dave, I, I will always love and appreciate and value the time that I spent.
29:35
[SPEAKER_00]: What he teaches works.
29:38
[SPEAKER_00]: Not disputing it at all.
29:40
[SPEAKER_00]: Never will.
29:42
[SPEAKER_00]: I'll see all these videos.
29:43
[SPEAKER_00]: Dave Ram, this stuff doesn't work for black people.
29:45
[SPEAKER_00]: Oh, it does.
29:47
[SPEAKER_00]: I'm black.
29:48
[SPEAKER_00]: Uh, it does.
29:53
[SPEAKER_00]: But that forty one years old.
29:58
[SPEAKER_00]: I just respectfully see things a little bit different now.
30:02
[SPEAKER_00]: Just a little bit.
30:05
[SPEAKER_00]: I'm still the no-day guy.
30:08
[SPEAKER_00]: I don't like that.
30:10
[SPEAKER_00]: To be honest with you, I can't wait to get to the point to where I can financially pay cash, right?
30:16
[SPEAKER_00]: For real estate, I'm not there.
30:18
[SPEAKER_00]: To where I can just afford a job, five hundred thousand, three hundred thousand, you know, two, three times a year on a rental property.
30:25
[SPEAKER_00]: I'm not at that position yet.
30:29
[SPEAKER_00]: But man, my network has shot up a lot.
30:34
[SPEAKER_00]: And by twenty-fifty-fourth, they say that African-Americans were having zero to negative networks.
30:42
[SPEAKER_00]: And I told God that I'm going to go back to school, and I am going to educate myself.
30:50
[SPEAKER_00]: I am going to learn, because let's be honest.
30:53
[SPEAKER_00]: Yes, I paid off that.
30:54
[SPEAKER_00]: Yes, I've accomplished some things financially, built a seven-figure business, have an amazing team.
31:01
[SPEAKER_00]: had the honor to work with the deep financial group.
31:08
[SPEAKER_00]: But I didn't have the education.
31:11
[SPEAKER_00]: On this show, I've said some things that just wasn't right.
31:15
[SPEAKER_00]: And I say, God, I'm going to impact African Americans by twenty-fifty for it to make sure that we pay off a billion dollars in debt by twenty-fifty for it.
31:25
[SPEAKER_00]: And that we build a half a billion dollars in wealth by twenty-fifty for it.
31:29
[SPEAKER_00]: I gotta make sure that I am intentionally growing financially.
31:37
[SPEAKER_00]: I can Google all the stuff.
31:39
[SPEAKER_00]: I can check GPT all the stuff, but now I want it to paper.
31:44
[SPEAKER_00]: I want it to credentials.
31:46
[SPEAKER_00]: I want it to put in the work.
31:48
[SPEAKER_00]: I've been offered two honorary degrees.
31:49
[SPEAKER_00]: I say y'all can keep them because I want the education.
31:55
[SPEAKER_00]: I truly want to be
31:58
[SPEAKER_00]: a thought leader in the African-American communities.
32:03
[SPEAKER_00]: Come in behind people like John Hopebride.
32:10
[SPEAKER_00]: Impact in the world to weigh like our new leisure is done.
32:17
[SPEAKER_00]: I'm just doing it differently.
32:24
[SPEAKER_00]: So your boy is growing.
32:26
[SPEAKER_00]: Over the next ninety days, you're all going to hear more of in the black.
32:30
[SPEAKER_00]: By the end of this year, you'll be able to officially join the community because we will be releasing something that will be specifically community driven.
32:37
[SPEAKER_00]: I can't announce what we're doing, but I'm extremely excited.
32:40
[SPEAKER_00]: So listen, I hope to show impact to you.
32:45
[SPEAKER_00]: I hope you signed up for Dovely.
32:48
[SPEAKER_00]: And I can't wait to see your score dropped.
32:51
[SPEAKER_00]: Not dropped.
32:52
[SPEAKER_00]: Your score jump up, but I'll take you know any consumer hit.
32:56
[SPEAKER_00]: All right, I should go in the middle.
32:59
[SPEAKER_00]: Peace out.
32:59
[SPEAKER_00]: See you next time.