Latest / The Steve Harvey Morning Show / Rushion Interviews Actor, Comedian, Social Activist Earthquake he speaks on Netflix Special | Financial genius, Dr Lynn Richardson shares tips for financial literacy month!

Transcript

Rushion Interviews Actor, Comedian, Social Activist Earthquake he speaks on Netflix Special | Financial genius, Dr Lynn Richardson shares tips for financial literacy month! · The Steve Harvey Morning Show

• 0:04
  Speaker 1: Welcome to Money Making Conversations. It's the show that she
• 0:07
  Speaker 1: has the secrets of success experience firsthand by marketing and
• 0:10
  Speaker 1: Brandon expert Rashan McDonald. I will know he's given me
• 0:13
  Speaker 1: advice on many occasions in indication didn't notice, I'm not broke.
• 0:17
  Speaker 1: You know. He'll be interview with celebrity CEOs, entrepreneurs and
• 0:20
  Speaker 1: industry decision makers. It's what he likes to do, It's
• 0:22
  Speaker 1: what he likes to share. Now it's time to hear
• 0:25
  Speaker 1: from my man, Rashan McDonald money Making Conversations Here we come.
• 0:30
  Speaker 1: Welcome to money Making Conversations masterclass. I am your host,
• 0:33
  Speaker 1: rous Sean McDonald. I recognized that we all have different
• 0:36
  Speaker 1: definitions of success. For you and may be the size
• 0:38
  Speaker 1: of your paycheck. Mine has inspired people to accomplish their
• 0:41
  Speaker 1: goals and live their very best life. It's time to
• 0:44
  Speaker 1: stop reading other people's success stories and start writing your own.
• 0:48
  Speaker 1: People always talk about purpose or gifts. If you have
• 0:50
  Speaker 1: a gift, leave with your gift and don't let your friends, family,
• 0:53
  Speaker 1: or corework can stop you from planning or living your dreams.
• 0:57
  Speaker 1: My guests, as actor, comedian and social active is Earthquake.
• 1:01
  Speaker 1: He has built a strong fan base and stand up
• 1:03
  Speaker 1: comedy with numerous soul I Shose film and TV appearances
• 1:06
  Speaker 1: and comedy specials. He has recurred, guest starred appeared on
• 1:10
  Speaker 1: numerous popular shows, including the CBS sitcom The Neighborhood. Earthquake
• 1:15
  Speaker 1: also holds the radio show Quakes House on Serious XM
• 1:19
  Speaker 1: Radio Kevin Hearts Laugh Outlaw Radio Channel. But he's on
• 1:23
  Speaker 1: the show because you can catch Earthquake in his stand
• 1:26
  Speaker 1: alone headlining comedy special Chappelle's Home Team Earthquake Legendary, streaming
• 1:32
  Speaker 1: right now on Netflix. Please whip in the money Making
• 1:35
  Speaker 1: Conversation Masterclass, the One and Only Earthquake. Hey, how are
• 1:40
  Speaker 1: you doing, brother, Brother? Brother? Well, you know some man earthquake. Um.
• 1:46
  Speaker 1: First of all, Um, I can I can start nine
• 1:49
  Speaker 1: talk about the comedy special that that's right now streaming
• 1:52
  Speaker 1: on Netflix. And when I saw it it featured in
• 1:55
  Speaker 1: the trade magazines. I didn't know that the special had
• 1:59
  Speaker 1: already been taped last summer. So talk about the sequence
• 2:03
  Speaker 1: of how that happened and then it was announced coming
• 2:06
  Speaker 1: out in the spring. Um. I got a call from
• 2:10
  Speaker 1: my agent and she said, the president of a comedy
• 2:15
  Speaker 1: for next Flix, one of my number so he can
• 2:19
  Speaker 1: give it today because Dave and Netflix has came to
• 2:24
  Speaker 1: a verbal agreement, uh to produce my special. And I
• 2:30
  Speaker 1: said sure. I thought it was a prank. Uh, and
• 2:35
  Speaker 1: you know, I said show. And then ten minutes later
• 2:38
  Speaker 1: Dave called me and said he wanted to produce my special.
• 2:42
  Speaker 1: So that's how I came to Fruition. Cool. Now, when
• 2:45
  Speaker 1: you look at your career, I can, um you know,
• 2:48
  Speaker 1: my career as a personal relationship. They've they've described a
• 2:51
  Speaker 1: personal story about you at this comedy club, my personal story.
• 2:55
  Speaker 1: I met you at your comedy club, and uh, when
• 2:59
  Speaker 1: I would just tell you out, he wore me out,
• 3:04
  Speaker 1: took me out. Let me know, this is Quake's house
• 3:07
  Speaker 1: in Atlanta, Georgia, had me go back to my hotel
• 3:10
  Speaker 1: room looking at my little comedy routine. But you rewriting jokes.
• 3:16
  Speaker 1: But he was just doing when he was doing. Because
• 3:18
  Speaker 1: I heard about it. I walked in there with my
• 3:21
  Speaker 1: credits because see Dave Chappine, man, he said it right. Man,
• 3:25
  Speaker 1: you are a legendary man and you're funny, but you're
• 3:28
  Speaker 1: good brother at heart at heart, you know, because it's
• 3:31
  Speaker 1: all it's like, um met the Jerry Rice at Rob receiver.
• 3:35
  Speaker 1: If you rob receiver coming in, you look over there,
• 3:38
  Speaker 1: you see earthquake, you go. You can walk around and
• 3:41
  Speaker 1: ignore him. But in a minute, if you ignore him,
• 3:45
  Speaker 1: he gonna let you know who he will, who he is.
• 3:47
  Speaker 1: That's what happened to me at his comedy club. I
• 3:50
  Speaker 1: knew who he was, but I ignored him until he
• 3:53
  Speaker 1: got on stage before me, and then I had to
• 3:57
  Speaker 1: show the respect. But that's been a testament of your
• 4:00
  Speaker 1: entire career that people who may not know you, but
• 4:04
  Speaker 1: after they see you, they know you the real deal.
• 4:07
  Speaker 1: Correct earthquake. Yes, I mean because I just believed let
• 4:12
  Speaker 1: the work speak for itself. There's nothing else. I always
• 4:16
  Speaker 1: felt in our profession that stage is an equalizer. The
• 4:20
  Speaker 1: credits can get you applause in the beginning, but the jokes,
• 4:27
  Speaker 1: the work, you could tell who works on their craft
• 4:31
  Speaker 1: and who's in our craft, um deserve to be there.
• 4:35
  Speaker 1: And I think that so I always concentrated on the
• 4:38
  Speaker 1: workers work speak for itself. Now, one of my art
• 4:43
  Speaker 1: tastes and one of my all time favorite jokes that
• 4:45
  Speaker 1: you did was the dog doing O. J. Simpson Trial.
• 4:53
  Speaker 1: But it's the ability to take abstract characters bring it
• 4:57
  Speaker 1: like like they actually real you know what I'm saying. No, no,
• 5:00
  Speaker 1: don't talk now dog gate talk, But do you we
• 5:03
  Speaker 1: believe in the dog and talk based on you? What
• 5:07
  Speaker 1: what is the sequence of it? Just listen to people,
• 5:09
  Speaker 1: because I know it's a stand up comedy comic. At
• 5:13
  Speaker 1: one point you just trying to be funny, and then
• 5:15
  Speaker 1: at some point it's just like a college degree. It's
• 5:17
  Speaker 1: like class two plus two equal four. You learned to
• 5:20
  Speaker 1: sequence things together and you're just funny and you know
• 5:24
  Speaker 1: how to make things funny. How do you look at
• 5:26
  Speaker 1: the world through the eyes of earthquake? Um? It's uh,
• 5:32
  Speaker 1: it's my tag. These ain't jokes. I think it starts
• 5:37
  Speaker 1: from reality or realistic to me. I tell people every
• 5:42
  Speaker 1: time to answer me, how you do it? I say,
• 5:44
  Speaker 1: It's like, it's just like being in the hood, man,
• 5:47
  Speaker 1: it's a it's the truth that bloms that blossom into
• 5:51
  Speaker 1: a big lie. Right. I was fighting this one dude, man,
• 5:56
  Speaker 1: and then by the time to get to you, ra
• 5:58
  Speaker 1: Sean man, I was fighting nineteen mine and I slammed
• 6:00
  Speaker 1: one underneath the dope and it was two over came
• 6:03
  Speaker 1: and then Mama came on and I slapped it. Mama.
• 6:07
  Speaker 1: It was like one dude and the last for one second.
• 6:10
  Speaker 1: But by the time it got back got to you.
• 6:12
  Speaker 1: With Shawan it was nineteen dudes had it for him.
• 6:16
  Speaker 1: With with that had guns. The other dude had a knife. Yeah,
• 6:21
  Speaker 1: so that's my philosophy. It always start from a grain,
• 6:26
  Speaker 1: from the original foundation of the truth. That's why I
• 6:28
  Speaker 1: say these ain't jokes, That's where it comes from. These
• 6:31
  Speaker 1: ain't jokes, right, you know? As a as a stand
• 6:33
  Speaker 1: up comic man, it is really um an interesting craft.
• 6:37
  Speaker 1: It's a very lonely craft. A lot of people think that,
• 6:39
  Speaker 1: you know, it's a stand up you're happy all the time.
• 6:41
  Speaker 1: You know, you you run abound just making everybody laugh.
• 6:44
  Speaker 1: But really, can you explain the people the world of
• 6:47
  Speaker 1: a standard comedian from a standpoint of how we have
• 6:51
  Speaker 1: to how we see things, which sometimes it's good and
• 6:54
  Speaker 1: bad because sometimes we see too much. Well, I'll tell
• 6:58
  Speaker 1: anybody if you if you don't like yourself, this ain't
• 7:02
  Speaker 1: the profession for you. If you know, because you're gonna
• 7:06
  Speaker 1: spend a lot of time with yourself. It's like golf man.
• 7:14
  Speaker 1: Can nobody else walk? Is? Uh walk these greens? But
• 7:19
  Speaker 1: you um and But it's such rewarding man with Sean,
• 7:25
  Speaker 1: it's a rewarding profession just to see these people because
• 7:29
  Speaker 1: I look at people. We're mental health providers. Um we
• 7:36
  Speaker 1: we especially for our community. We change perspective about people
• 7:41
  Speaker 1: because you know when you had your club and that
• 7:44
  Speaker 1: they're coming in. Man, is I don't know what with
• 7:47
  Speaker 1: the way in the world and one profession and it's
• 7:51
  Speaker 1: only professional I like musical, anything else, anything else out here.
• 7:56
  Speaker 1: We need the uninvited attention. So you gotta get the
• 8:00
  Speaker 1: avouted attention, then break through all that and then get
• 8:03
  Speaker 1: them to do something they can't get their self to do.
• 8:06
  Speaker 1: That's laugh right, that's a hell of the obstacle, man,
• 8:11
  Speaker 1: especially for people they're sitting the front man anybody, right.
• 8:16
  Speaker 1: I mean I used when I own my club, I said, listen,
• 8:19
  Speaker 1: please be nice to these people coming here, because you're
• 8:21
  Speaker 1: making the comics John even worse. I mean, please with
• 8:25
  Speaker 1: the way you serve, the way you give the ticket,
• 8:28
  Speaker 1: you make the show. I used to talk about staff
• 8:30
  Speaker 1: all the time. You're just as important as the comedians
• 8:34
  Speaker 1: because if you set the tone there, then they're open
• 8:37
  Speaker 1: themselves up to be entertained. So it's the hardest profession
• 8:42
  Speaker 1: in the world. But the most reward fulfilling we know,
• 8:46
  Speaker 1: like uh, the word sold out. I'm talking about audiences. Audiences,
• 8:51
  Speaker 1: you know they you know, earthquake, They're coming in and
• 8:55
  Speaker 1: see you. Talk to everybody and tell them that feeling
• 8:59
  Speaker 1: of knowing that you look out there because we always
• 9:02
  Speaker 1: peep behind the curtain. We always ask the people, how's
• 9:05
  Speaker 1: it looking out there? And they said and she left.
• 9:07
  Speaker 1: All so that, brother, we've added the show. Talk about
• 9:11
  Speaker 1: that feeling. Man Um, it's the best feeling, second to
• 9:16
  Speaker 1: having your channel. Um it's up. It's validation. People actually
• 9:23
  Speaker 1: took the harder money, stopped doing what they do, and
• 9:27
  Speaker 1: king say, I am spending this money to come to
• 9:30
  Speaker 1: see you right there. I mean the gratitude, I mean
• 9:35
  Speaker 1: achievement and as a comic until comedians all the time,
• 9:39
  Speaker 1: and I learned this from you and from you and Steve.
• 9:43
  Speaker 1: That shows that you actually matters in our profession. When
• 9:49
  Speaker 1: you can put your name on a market or build
• 9:52
  Speaker 1: board or sign and people stop and say, hey, I'm
• 9:55
  Speaker 1: coming to see with Sean McDonald. Give me two tickets.
• 9:58
  Speaker 1: You got in and then they said no, we don't
• 10:00
  Speaker 1: have come on, let's go here earlier. Now we got
• 10:09
  Speaker 1: they can't get no ticket to see you, and it's
• 10:12
  Speaker 1: since the most gratifying thing in the world. We'll be
• 10:16
  Speaker 1: right back with more Money Making Conversations Masterclass with Rushan McDonald. Now,
• 10:24
  Speaker 1: let's return to Money Making Conversations Masterclass with Rashan McDonald.
• 10:29
  Speaker 1: You know the thing that I follow your social media
• 10:34
  Speaker 1: and you know we all want numbers, We always want
• 10:38
  Speaker 1: to engage in everything. But your social media is almost
• 10:42
  Speaker 1: like social commentary. That's why I added the words social
• 10:45
  Speaker 1: activists your introduction, because you do a running commentary I
• 10:51
  Speaker 1: feel with your social media by videos that you post,
• 10:55
  Speaker 1: pictures that you find, talk about your approach to social
• 11:00
  Speaker 1: media and how you are defining your voice or finding
• 11:04
  Speaker 1: your voice in your social post. Well, you know, some
• 11:10
  Speaker 1: of the most educated people in the world don't don't
• 11:15
  Speaker 1: have how can I put this, uh, the prestige diplomas
• 11:23
  Speaker 1: or degrees to back up their education. So I've met
• 11:27
  Speaker 1: some of the smartest people that never went to school.
• 11:30
  Speaker 1: They was the most intelligent people in my life. And
• 11:35
  Speaker 1: and um, simplicity has always been great for me. Just
• 11:39
  Speaker 1: keep it simple and to get to the point that
• 11:43
  Speaker 1: you asked me about, I just talked about when everybody
• 11:47
  Speaker 1: else thinking because all you have to do. You know
• 11:50
  Speaker 1: what I mean, don't say that man, you be I'm
• 11:54
  Speaker 1: saying some man, I'll be looking at what you be saying, like, oh,
• 11:57
  Speaker 1: I never saw that this boy is. And you know
• 12:00
  Speaker 1: the in the in the in the comedy world, somebody
• 12:02
  Speaker 1: call your food. That's actually a major compliment to this
• 12:05
  Speaker 1: boy food. This boy crazy, which is another compliment because
• 12:09
  Speaker 1: now we needs a PC world. You know they got
• 12:11
  Speaker 1: explained stuff. We used the word crazy and food and
• 12:14
  Speaker 1: all that stuff. You gotta explain. That's a positive in
• 12:17
  Speaker 1: the comedy world. And you are doing stuff man, because
• 12:20
  Speaker 1: you know, you look at it and it's work. A
• 12:23
  Speaker 1: lot of people think that posting or grabbing ideas is is.
• 12:27
  Speaker 1: So he just found that somewhere. That's a lot of work. Yes,
• 12:31
  Speaker 1: there's a lot of research. Shout out to my team. Um,
• 12:35
  Speaker 1: we go through it. Her name is Star, She's one
• 12:38
  Speaker 1: of the greatest person that handles my thing for me.
• 12:42
  Speaker 1: We sit down, she knows my voice, yes of course,
• 12:47
  Speaker 1: no my voice, and together we uh we uh. We
• 12:52
  Speaker 1: get together and say this is the direction I want
• 12:55
  Speaker 1: to go, and we see different things that we like.
• 12:58
  Speaker 1: This is quick. This can you believe that n't you
• 13:02
  Speaker 1: believe this person is doing this? And you know, to
• 13:06
  Speaker 1: get that reaction, everybody with it and so many people
• 13:09
  Speaker 1: like where did you find that? I love it? Man?
• 13:13
  Speaker 1: I love it, And it was one of the reasons,
• 13:15
  Speaker 1: you know, you know, I wanted to make sure I
• 13:17
  Speaker 1: interviewed you on my platform. Money making conversation Master collapses
• 13:20
  Speaker 1: because a lot of people see talent like you. They
• 13:23
  Speaker 1: see the end results. They don't see the work. They
• 13:25
  Speaker 1: think that you stopped working. They think that you just
• 13:27
  Speaker 1: focused on this, but really it's a three sixty that
• 13:30
  Speaker 1: you're doing. Like I said, you're an actor, you're a comedian,
• 13:32
  Speaker 1: you're social activit, which means that you're an influence on
• 13:35
  Speaker 1: social media. And then as you have a radio show,
• 13:37
  Speaker 1: which means you you're able to communicate tell us about
• 13:40
  Speaker 1: your radio show. You even take phone calls, you play music.
• 13:43
  Speaker 1: What is your radio show? Um No, My show is
• 13:46
  Speaker 1: called Quake House, and it's kind of like comedians view.
• 13:51
  Speaker 1: We took. We deal with hot topics, different segments and
• 13:56
  Speaker 1: we do have guests that comes on periodically, um A
• 14:01
  Speaker 1: list guesses and our interview and what I want to
• 14:04
  Speaker 1: do like I've always done in my career, is whatever
• 14:09
  Speaker 1: I achieved in my career. I try to have a
• 14:11
  Speaker 1: platform to bring the next comedian that or nothing else.
• 14:16
  Speaker 1: But if I can't help the next comedian, expand our genre.
• 14:24
  Speaker 1: People know how great this profession is. I think personally speaking,
• 14:28
  Speaker 1: don't too many of us give back to the genre.
• 14:33
  Speaker 1: This is this would allow you to be this movie star,
• 14:37
  Speaker 1: this game show hostess, this uh talk show, this movie star,
• 14:44
  Speaker 1: this TV start. Just do something that allows you know
• 14:49
  Speaker 1: your name to um to expand the john for the
• 14:53
  Speaker 1: next person said to yourself, can capitalize on it, make it,
• 14:57
  Speaker 1: you know, expand I'd say, you don't have to help me.
• 15:00
  Speaker 1: Help whoever you think is funny, and you help them.
• 15:04
  Speaker 1: It us spanned the genre. Eventually it will come back
• 15:08
  Speaker 1: to me because they thank you funny. Wait till until
• 15:12
  Speaker 1: they get to see me and I has always been
• 15:14
  Speaker 1: my attitude. Yes now that The interesting thing about it
• 15:18
  Speaker 1: is that when we look at the comedy special that
• 15:21
  Speaker 1: you did, you know, it's always into fund me because
• 15:25
  Speaker 1: I think I know somebody. I didn't know you from
• 15:27
  Speaker 1: d C. You know, because I met you in Atlanta.
• 15:29
  Speaker 1: I thought you were Atlanta born in Bread. I thought
• 15:32
  Speaker 1: that was your whole hood was from Atlanta or people
• 15:35
  Speaker 1: loved you in Atlanta. So how did you make the
• 15:37
  Speaker 1: journey from d C to Atlanta and then Atlanta. Basically
• 15:41
  Speaker 1: it became to me, your your home, your voice. Um, well,
• 15:46
  Speaker 1: I was in the military for nine years and I
• 15:49
  Speaker 1: wanted to do twenty years, but the war broke out.
• 15:52
  Speaker 1: So I told him, I said, I home, mind practicing
• 15:55
  Speaker 1: for war, but I ain't fighting for real. I'm gonna
• 15:59
  Speaker 1: stand to get shot at. So they're getting out the military.
• 16:04
  Speaker 1: I didn't want to go back home from d C.
• 16:06
  Speaker 1: I've been a military. Was nothing there, opportunity I feel
• 16:11
  Speaker 1: for me, but illegal pharmaceuticals. So I turned on you know,
• 16:15
  Speaker 1: I watch a lot of TV, different educational shows, mostly
• 16:19
  Speaker 1: like Seeing Man and stuff, and you know, you see
• 16:21
  Speaker 1: the poles. They always got poles and one of the
• 16:24
  Speaker 1: botes what is the best top five cities that that
• 16:28
  Speaker 1: man should go for the best advantage in their life,
• 16:32
  Speaker 1: and they had Alanta number one. I said, well that's
• 16:34
  Speaker 1: where I'm going. So I got out the military, went
• 16:36
  Speaker 1: to Atlanta and we're on stage and they started doing
• 16:43
  Speaker 1: common that first of all, you said, you saw a pole,
• 16:48
  Speaker 1: said the back black black, best city for black people
• 16:51
  Speaker 1: to go through with Atlanta. You go to Atlanta, you
• 16:53
  Speaker 1: just go on stage. You didn't just go to another
• 16:56
  Speaker 1: comedy club. You see some comics. And what I mean
• 17:00
  Speaker 1: I was when I was in the military, I knew
• 17:02
  Speaker 1: I was, I had to do something else. And then
• 17:06
  Speaker 1: you said the usoor you know stuff in that and
• 17:10
  Speaker 1: I found you know, they used to call me skating
• 17:12
  Speaker 1: quick well, skating stroke without anything to get out of work.
• 17:16
  Speaker 1: You know, I used to be a polled barryman on
• 17:19
  Speaker 1: guard anything to get out of work man. So I
• 17:23
  Speaker 1: did a little hosting in there in the military, and
• 17:26
  Speaker 1: you couldn't talk about sex. She couldn't talk about I mean,
• 17:30
  Speaker 1: he had to be Bob Hope. So I was. I
• 17:33
  Speaker 1: learnt from there. So when I got the military, I
• 17:35
  Speaker 1: went on and I took this girl to a comedy clip.
• 17:39
  Speaker 1: And when I tell you, this chick was, I mean,
• 17:41
  Speaker 1: it was shocked. She was all on the floor. Happened.
• 17:45
  Speaker 1: I said, I said, if you want to sleep with
• 17:48
  Speaker 1: this dude, they say you want to sleep with him,
• 17:52
  Speaker 1: but he ain't all that. You just jealous, I said,
• 17:55
  Speaker 1: I jealous, But I mean he's funny, but that ain't
• 17:58
  Speaker 1: the funniest thing. So she said, when you do better,
• 18:04
  Speaker 1: And of course I went and tried, and there's nothingness came.
• 18:08
  Speaker 1: It's been that way every since came in my life. Well,
• 18:12
  Speaker 1: I wonder what tiphany was? No plan, It was just
• 18:15
  Speaker 1: what I tell everybody was that best decision that day,
• 18:18
  Speaker 1: and another better decision hasn't came this way. Well, you know,
• 18:23
  Speaker 1: did they tell me that our podcast is the number
• 18:26
  Speaker 1: of the fastest drawing industry audible industry out there? I
• 18:30
  Speaker 1: know you got a serious X. Are you gonna do podcasts? No?
• 18:35
  Speaker 1: I mean, I'm really good with my radio show. I
• 18:38
  Speaker 1: really want to continue that. Man. I've really learned from
• 18:42
  Speaker 1: y'all about it. I love radio and I don't think
• 18:46
  Speaker 1: I'm gonna jump onto the podcast unless they offered me
• 18:50
  Speaker 1: a lot of money. Okay, cool, Well, well I think
• 18:54
  Speaker 1: that's gonna come your weight. Okay, you know what, I
• 18:58
  Speaker 1: get close to the bike, I'm looking at you. I'm
• 19:00
  Speaker 1: looking at it because you're special talent, man, You're you're
• 19:03
  Speaker 1: an individual. I guess I gotta at least ask you
• 19:06
  Speaker 1: this course, where did earthquake come from? Where did the
• 19:09
  Speaker 1: name earthquake come from? Um, to be quite honest with you, man,
• 19:14
  Speaker 1: I use earthquake because in case. You know, she was
• 19:18
  Speaker 1: right that I wasn't funny. I don't wanna mess up
• 19:20
  Speaker 1: my good name. So so this didn't work. Hey earthquake, Like,
• 19:28
  Speaker 1: hey man, my name the dang earthquake? When you the
• 19:33
  Speaker 1: comedian that got no comment Daniel s come up there
• 19:40
  Speaker 1: and say, some dudes right here, No, that wasn't me.
• 19:43
  Speaker 1: So it came from the insecurity not having to believe
• 19:46
  Speaker 1: that maybe you know this, this did hit the bricks,
• 19:51
  Speaker 1: you would saying, go to a stray, I wouldn't mess
• 19:55
  Speaker 1: up my good name. Well, you know, so what is
• 19:57
  Speaker 1: the future for earthquake man? Because it took me for
• 20:00
  Speaker 1: ever to line up this interview. You had radio shows,
• 20:03
  Speaker 1: you had tour date your interviews. So obviously life is
• 20:07
  Speaker 1: beautiful you for you right now, but we know there's
• 20:09
  Speaker 1: always more. What is the future of Earthquake? Well, I'm finally,
• 20:14
  Speaker 1: um gonna go on my own personal own tour called
• 20:21
  Speaker 1: Earthquake Legendary Tour. Um. Yes, I'm developed my own TV show.
• 20:28
  Speaker 1: I'm gonna do I'm gonna do more movies and I'm
• 20:34
  Speaker 1: gonna stay on the ready God's will and then you know,
• 20:38
  Speaker 1: I'm gonna you know, I'm gonna continue to tour. I
• 20:41
  Speaker 1: love comedy. Stand up comedy is great for me. I
• 20:44
  Speaker 1: never want to leave it. I think. I tell people
• 20:46
  Speaker 1: all the time, comedy is like a woman. You can
• 20:50
  Speaker 1: take a break from it, but you can never leave her.
• 20:53
  Speaker 1: Leave her, you ain't gonna never get her back. So
• 20:56
  Speaker 1: I vowed that I will always do this, and I
• 20:59
  Speaker 1: love it. It's so refleshing. So the media's and toy
• 21:03
  Speaker 1: stars and m July and we're doing forty uh for
• 21:09
  Speaker 1: thirty cities. Me and Don there robins and they're funny.
• 21:13
  Speaker 1: That's the immediate to think, Yeah, very funny, brother. And
• 21:17
  Speaker 1: I'm gonna drop another tour on I mean another special
• 21:20
  Speaker 1: Nextflix next year. Wow. So the venues are the Comedic Club,
• 21:25
  Speaker 1: they're small, two thousand, three thousands. We're going five thousand.
• 21:32
  Speaker 1: You're stepping out there. Okay, okay, okay, mr, mr sir,
• 21:36
  Speaker 1: you start talking about five thousands, Brothers, come on that,
• 21:39
  Speaker 1: come on. We had two or three now we're two
• 21:43
  Speaker 1: or three. So with the blessing of God, with the
• 21:46
  Speaker 1: response that I've got from my special as made, tell
• 21:50
  Speaker 1: me about that response. Man. First of all, let me
• 21:52
  Speaker 1: get you my response first, you know, because I text
• 21:55
  Speaker 1: you a picture I'll be watching it, you know. Let
• 21:58
  Speaker 1: you know all screen. Okay, I'm watching you brother. You
• 22:02
  Speaker 1: are what you say you are legendary. My take was
• 22:06
  Speaker 1: man that um because this I always tell people when
• 22:10
  Speaker 1: you know, something funny. Because my wife was in the kitchen,
• 22:12
  Speaker 1: you know, cooking all right, and then I'm just laughing.
• 22:16
  Speaker 1: And then next thing you know, she leaning behind my back,
• 22:19
  Speaker 1: right who that you watch the earthquake? Next thing you know,
• 22:24
  Speaker 1: she next to me watching and laughing. I go, what
• 22:27
  Speaker 1: happened to the cooking? Oh? That can wait? That can wait?
• 22:30
  Speaker 1: See see see that. They say I took somebody who
• 22:33
  Speaker 1: wasn't even interested and what was going on? Because she
• 22:36
  Speaker 1: was cooking, you know, and she went, people, you can't
• 22:39
  Speaker 1: talk and you can't talk to her. Watch she cooking,
• 22:41
  Speaker 1: all right? She one of those people. Can't you see
• 22:43
  Speaker 1: him cooking? Okay? Baby? I was sorry. I'm just gonna
• 22:46
  Speaker 1: sliding there and watch earthquake by myself. Okay, did I'm laughing?
• 22:51
  Speaker 1: Did she behind me? Just standing? He funny? I look
• 22:57
  Speaker 1: back at it. Don't say nothing earthquake? Right next thing
• 23:00
  Speaker 1: you know, c still got the spatula in my hands,
• 23:02
  Speaker 1: sitting next to me. I said, ad you cooking like
• 23:06
  Speaker 1: I told you. So that lets you know that what
• 23:11
  Speaker 1: you're doing is relatable. It also can make people stop
• 23:16
  Speaker 1: what they're doing. It grabs their attention and also forces
• 23:20
  Speaker 1: them because force, because you are a forced my brother,
• 23:23
  Speaker 1: you are a comedy force, and that forces such positivity
• 23:28
  Speaker 1: that you go, wow, he's special. That's what my response is.
• 23:33
  Speaker 1: Not tell me what America's response. Because you're doing five
• 23:36
  Speaker 1: thousand Caesars Now, it's overwhelming and you can see it
• 23:41
  Speaker 1: when you know it's a comic. When you walk in
• 23:43
  Speaker 1: clubs and I'm talking about mainstream clubs, how you doing great?
• 23:51
  Speaker 1: Can't we do something? You know? And you know, our
• 23:57
  Speaker 1: Caucasian counterparts come to you and said, you know, I
• 24:01
  Speaker 1: checked for me, I don't know about you. I love
• 24:06
  Speaker 1: competing against man without Caucasian comedians to let them know
• 24:12
  Speaker 1: that we don't because they think we need some of them,
• 24:16
  Speaker 1: not saying all of them something that the stigma is
• 24:19
  Speaker 1: that we need to cuss. We don't. We don't write
• 24:23
  Speaker 1: out you know it's urban no man, no, no, no,
• 24:28
  Speaker 1: no no. I'm gonna show you how we do it.
• 24:30
  Speaker 1: We we can. We compete at the highest level of
• 24:34
  Speaker 1: the highest level intellectually and when it was being accepted
• 24:39
  Speaker 1: from I mean every comedian, no matter what's your nationality
• 24:45
  Speaker 1: that's in this fields telling you this is the greatest
• 24:48
  Speaker 1: thing that they ever seen. It was this rewarding and
• 24:51
  Speaker 1: it's always been rewarding. I love my fans to the death.
• 24:55
  Speaker 1: There my number one supporters that the grad I really
• 25:00
  Speaker 1: fan a special gratitude and humility when it's come from
• 25:06
  Speaker 1: the piers such as persons such as yourself, because you
• 25:10
  Speaker 1: have always been honest with me. You came to me
• 25:12
  Speaker 1: and say, man, you don't need to say that while
• 25:15
  Speaker 1: you when we was doing on different shows together. Don't
• 25:18
  Speaker 1: cuss on that. Don't do this. That's all you need
• 25:21
  Speaker 1: to do. And I've always took the advice, and I
• 25:23
  Speaker 1: always appreciate your advice, and I always have felt good
• 25:28
  Speaker 1: when I received your approval because you have always been
• 25:32
  Speaker 1: a student of the game. Oh man. So I appreciate
• 25:35
  Speaker 1: those compliments, but more important, I appreciate you taking the
• 25:37
  Speaker 1: time and come on money making conversations, master Glad. You
• 25:40
  Speaker 1: are a beast. You are somebody Please tell me when
• 25:43
  Speaker 1: you when the tickets go on sale, so I can
• 25:45
  Speaker 1: put it on my social media and make that announcement.
• 25:48
  Speaker 1: In my newsletter that goes out to a hundred eight
• 25:50
  Speaker 1: thousand people. Because you are a winner, brother, and I
• 25:53
  Speaker 1: love you brother. Thank you ever quick. I love you more. Man,
• 25:57
  Speaker 1: and keep doing what you're doing. Man, and you owe
• 25:59
  Speaker 1: me if because I'm tired to look at that all
• 26:01
  Speaker 1: you know, a gaining waiting again some of the some
• 26:08
  Speaker 1: of them deserts. Man, I look at I'm ready when
• 26:11
  Speaker 1: I get down to a town where you had, I'm
• 26:13
  Speaker 1: knocking on you. You tell your beautiful wife I said,
• 26:16
  Speaker 1: I love Okay. I thank you brother, and stay strong, okay,
• 26:18
  Speaker 1: appreciate you. If you want to hear any seeing those
• 26:21
  Speaker 1: interviews on money Making Conversation, please with the money Making
• 26:24
  Speaker 1: Conversation dot com. I'm ro Sean McDonald. I am your host.
• 26:27
  Speaker 1: We'll be right back with more money Making Conversations Masterclass
• 26:30
  Speaker 1: with Rushan McDonald. You are now tuned into the Money
• 26:35
  Speaker 1: Making Conversations Minute of Inspiration with Rashan McDonald. Hiro Sean
• 26:40
  Speaker 1: McDonald for money Making Conversation with you daily Minute of
• 26:42
  Speaker 1: Inspiration this week, I said that would call us king.
• 26:45
  Speaker 1: The super reality TV producer of Kingdom rains about his
• 26:49
  Speaker 1: hit TV show Love and Marriage Huntsville. I asked him,
• 26:53
  Speaker 1: what is his magic producing sauce? It's creating all these
• 26:56
  Speaker 1: hit reality shows. His answer is the main thing that
• 27:00
  Speaker 1: I did that a lot of other reality producers don't
• 27:04
  Speaker 1: do if I ask permission, I said, because you're telling
• 27:09
  Speaker 1: you this is what you're going through. Are you comfortable
• 27:12
  Speaker 1: sharing that on camera? My job is to follow the
• 27:14
  Speaker 1: real If the entire town knows about this infidelity and
• 27:19
  Speaker 1: you're on TV pretending you're in a great marriage, you
• 27:22
  Speaker 1: are going to lose in the end because they want
• 27:25
  Speaker 1: to see authenticity. If you want to listen to this
• 27:28
  Speaker 1: full interview with callers King, it's available on money Making
• 27:30
  Speaker 1: Conversation dot com. Now let's return to Money Making Conversations
• 27:35
  Speaker 1: Masterclass with Rashan McDonald. As I said, today is uh.
• 27:40
  Speaker 1: This month, not just today, is National Financial Literacy Month
• 27:43
  Speaker 1: and is celebrated in the month of Agel April. My
• 27:45
  Speaker 1: guest today is Dr Lennon Richardson. She is by far
• 27:49
  Speaker 1: my most popular guest that calls on this show. If
• 27:51
  Speaker 1: you consider yourself in need of advice in terms of financing,
• 27:55
  Speaker 1: then you are not alone. You've heard Kurt, you heard
• 27:57
  Speaker 1: Mrs Evans. She she was calling about the final creative,
• 28:00
  Speaker 1: and she dove open to that conferensations. You've heard my
• 28:03
  Speaker 1: personal testimony. It does not matter if you had just
• 28:06
  Speaker 1: started earning, nor have been earning for a long time.
• 28:09
  Speaker 1: Every day has a chance to reflect upon your spending
• 28:11
  Speaker 1: and improve your financing. Here's some notes about Dr Lenn
• 28:14
  Speaker 1: Richardson belies that the way to build wealth is to
• 28:17
  Speaker 1: spend less money by implementing proper budgeting and debt elimination strategies.
• 28:23
  Speaker 1: Get more money by implementing wise investment strategies, and by
• 28:26
  Speaker 1: developing multiple streams of income, including owning a home based business.
• 28:31
  Speaker 1: And three get your money back through proper tax education.
• 28:36
  Speaker 1: Please welcome to Money Making Conversation Master Class. Again she's
• 28:39
  Speaker 1: a financial guru. I call our financial genius, Dr Lynn Richardson.
• 28:44
  Speaker 1: Welcome back. Well, well, well, thank rather, thank you so much,
• 28:52
  Speaker 1: Mr McDonald. Well, I would tell you so whenever this
• 28:55
  Speaker 1: this show has been on fire, uh since it started.
• 28:58
  Speaker 1: You know, I I had had one person calling my
• 29:01
  Speaker 1: bragging segment and he would noted that he has a
• 29:05
  Speaker 1: app called stop Stockification, where you know, you invest fifty
• 29:10
  Speaker 1: dollars a day, a hundred dollars a day, and that
• 29:12
  Speaker 1: the market would always correct yourself or ten, fifteen, twenty
• 29:15
  Speaker 1: year period, and he was saying that that the average
• 29:20
  Speaker 1: Black person when they die leaving the wealth to a
• 29:24
  Speaker 1: relative is four thousand dollars. The average white person when
• 29:27
  Speaker 1: they die leaving wealth is a hundred and four thousand dollars.
• 29:31
  Speaker 1: You have been educating us this whole process. What has
• 29:35
  Speaker 1: frustrated you much? Maybe not frustrated you, but disappointed you,
• 29:38
  Speaker 1: or that you believe that how can we as a
• 29:40
  Speaker 1: community do better about our financial leadership? Dr Lynn, you
• 29:45
  Speaker 1: know that's such a great question. And I would have
• 29:47
  Speaker 1: to say that the number one played for the number
• 29:50
  Speaker 1: one area that would that frustrates me, and I would
• 29:54
  Speaker 1: say that to frustrate anybody is the one area where
• 29:57
  Speaker 1: we have absolute control. You see, we wake up every day.
• 30:02
  Speaker 1: We have no control over the weather. You have no
• 30:04
  Speaker 1: control over your friends. You have no control over your
• 30:07
  Speaker 1: family members. Sometimes people are coming and going, sometimes they're not.
• 30:11
  Speaker 1: People are shady, the weather is crazy, your money can
• 30:13
  Speaker 1: be funny, and your change can be strange. But the
• 30:16
  Speaker 1: one thing we all have control over, every last one
• 30:19
  Speaker 1: of us, is how much wealth we leave when we die.
• 30:23
  Speaker 1: And Rassan, I want us to stop using go fund
• 30:27
  Speaker 1: me as a life insurance strategy. I want us to
• 30:31
  Speaker 1: stop using go fund me and crowdfunding because here's the
• 30:35
  Speaker 1: real deal. There was one guaranteed way to build wealth.
• 30:40
  Speaker 1: Because every last one of us has to do two things.
• 30:42
  Speaker 1: We have to pay taxes and one day we have
• 30:45
  Speaker 1: to leave up out of here. And when we leave here,
• 30:48
  Speaker 1: we have the ability to get enough life insurance to
• 30:51
  Speaker 1: not just take care of our last rights and rights
• 30:54
  Speaker 1: of passage and the funeral and them and the repasses
• 30:57
  Speaker 1: on those things, but we have the ability to carry
• 31:00
  Speaker 1: on wealth to future generations. Rashan, when I was on
• 31:04
  Speaker 1: food stamp, I was worth more dead than a live.
• 31:08
  Speaker 1: I'm not you know. That just is what it is,
• 31:10
  Speaker 1: and most people are anyway. But I had enough life
• 31:13
  Speaker 1: insurance to ensure that my three children could graduate from college,
• 31:19
  Speaker 1: could live the lifestyles that I envisioned for them. And
• 31:22
  Speaker 1: that that's not to say that they would have just
• 31:24
  Speaker 1: been wealthy and foot loose and fancy free. They would
• 31:27
  Speaker 1: have had a trust fund, and they still would have
• 31:29
  Speaker 1: had to work to sustain themselves, but they would have
• 31:32
  Speaker 1: had enough wealth to sustain themselves to a certain degree,
• 31:36
  Speaker 1: be able to continue their education and then pass that
• 31:39
  Speaker 1: wealth onto their children and their children's children. The Bible
• 31:43
  Speaker 1: says that a good man a good woman leads an
• 31:46
  Speaker 1: inheritance to a children's children. And I if I could
• 31:49
  Speaker 1: just say anything about spend less money, get your money back,
• 31:53
  Speaker 1: make your money very, spend less money, get more money,
• 31:56
  Speaker 1: get your money back, I would also say make your
• 31:59
  Speaker 1: money grow through proper investments. And insurance is one of
• 32:02
  Speaker 1: those investments. You know, I um, I have to agree,
• 32:07
  Speaker 1: But it's just so much though, Dr Lynn, when you
• 32:11
  Speaker 1: you know, like you said, the go fund me is
• 32:12
  Speaker 1: really cute, you know, you say, just see I'm trying
• 32:16
  Speaker 1: to I'm down on my luck or I'm struggling. If
• 32:19
  Speaker 1: you can just put some money in my go fund
• 32:22
  Speaker 1: me account. You know they're gonna take a fee when
• 32:25
  Speaker 1: you put it there. That's not all your money. They're
• 32:27
  Speaker 1: gonna take a fee a percentage of that, so know
• 32:29
  Speaker 1: that going in. So anytime you think you're trying to
• 32:32
  Speaker 1: get over and think you're getting something easy, somebody is
• 32:35
  Speaker 1: taking a percentage of that. And that's what you're saying.
• 32:37
  Speaker 1: Do it right and establish a relationship where there's an app,
• 32:41
  Speaker 1: do your homework or with a small broke brokerage firm,
• 32:45
  Speaker 1: so you can have a long term plan instead of
• 32:47
  Speaker 1: this quick, get get over plan. And that's what people
• 32:50
  Speaker 1: are doing with these go fund me accounts because you
• 32:52
  Speaker 1: see him on the news all the time. Immediate after
• 32:54
  Speaker 1: if somebody has done something or some tragedy or a
• 32:57
  Speaker 1: house burned down, or unfortunate death and meet quick death
• 33:00
  Speaker 1: in their family, the news is always saying, go fund me,
• 33:03
  Speaker 1: set up and go fund me, go set up and
• 33:04
  Speaker 1: go fund me account. And that's not the way it
• 33:06
  Speaker 1: goes in the real world of trying to get your
• 33:08
  Speaker 1: life straight financially correct. You know, no one has passed
• 33:14
  Speaker 1: on generational wealth by way of a go fund me account.
• 33:18
  Speaker 1: And what people need to also understand is that those
• 33:21
  Speaker 1: go fund me accounts can be shut down. So if
• 33:24
  Speaker 1: there is anything, yeah, there's any kind of pant of impropriety,
• 33:29
  Speaker 1: if there's when you set up a goal fund me account,
• 33:31
  Speaker 1: it has to be used for the purposes for which
• 33:35
  Speaker 1: um it was created. And so if the whole idea is,
• 33:38
  Speaker 1: for example, and we don't like to talk about death,
• 33:41
  Speaker 1: we'll talk about everything else. People talk about sex, they
• 33:43
  Speaker 1: talk about drugs, they talk about everything else. But they
• 33:46
  Speaker 1: don't want to talk about death and we don't want
• 33:48
  Speaker 1: to talk about money. And as zig Ziggler said, money
• 33:51
  Speaker 1: is like oxygen. You gotta have it. I don't care
• 33:53
  Speaker 1: where you go, what you do, when you look up, down,
• 33:56
  Speaker 1: all the way around. We're gonna have to talk about money.
• 33:59
  Speaker 1: We're spending money every single time we go outside, every
• 34:02
  Speaker 1: single time we wake up, every time, every single time
• 34:04
  Speaker 1: you get in your car and drive gas money. Can
• 34:07
  Speaker 1: anybody say gas money? So we have to talk about it.
• 34:10
  Speaker 1: And the truth is, if we make the decision. You see,
• 34:14
  Speaker 1: this is a choice, Rashwan, this is a choice. I
• 34:17
  Speaker 1: am going to choose to spend my money on something.
• 34:21
  Speaker 1: For some of us, that may be furniture. For some
• 34:24
  Speaker 1: of us, that may be jewelry. For some of us
• 34:26
  Speaker 1: that may be clothing. It may be our favorite meals. Um.
• 34:29
  Speaker 1: There's one study that says, particularly as African Americans, we
• 34:33
  Speaker 1: are eating our wealth away. UM. If we just take
• 34:37
  Speaker 1: the money that we spend on um uber eat, I'm
• 34:40
  Speaker 1: just gonna throw that in there. Uber eat a limit.
• 34:44
  Speaker 1: Say something over if you ought up all of the
• 34:48
  Speaker 1: money that's spent on Uber eats and um all of
• 34:53
  Speaker 1: the you know, grub hub and everything else. The delivery
• 34:56
  Speaker 1: places that deliver you your ten dollar hamburg or for
• 35:00
  Speaker 1: twenty seven dollars and cents if you if we take
• 35:04
  Speaker 1: that money, the average thirty five to forty year old
• 35:09
  Speaker 1: young man or young woman could have at least a
• 35:12
  Speaker 1: million dollars a million dollars in life insurance just with
• 35:16
  Speaker 1: your grub up money, just with your overeach money. I
• 35:20
  Speaker 1: didn't take away your sandwich. I didn't take away the pizza.
• 35:23
  Speaker 1: I didn't take away the submarine sandwich. I didn't take
• 35:25
  Speaker 1: away the French fract. I said, let me just take
• 35:28
  Speaker 1: the delivery feed that we are spending on those things
• 35:32
  Speaker 1: and allocated elsewhere. So you know that that was I'm
• 35:36
  Speaker 1: so passionate. As you know. We're stought about so many
• 35:38
  Speaker 1: areas and finances and all of them require grit, All
• 35:42
  Speaker 1: of them require grinds. You said it so many times.
• 35:45
  Speaker 1: And the way you telp others to build wealth and
• 35:47
  Speaker 1: build their careers. You gotta stick in there. You gotta
• 35:50
  Speaker 1: stay in there with life of us. You have to
• 35:53
  Speaker 1: stick to anything, just keep on living, pay the money
• 35:56
  Speaker 1: and been watch and see what happens when you transition.
• 35:59
  Speaker 1: So it's one of those things. It's an easy win
• 36:01
  Speaker 1: for us as a community life insurance. We've talked about that,
• 36:06
  Speaker 1: go fund me, stop using that, Stop using these grow
• 36:10
  Speaker 1: up hud apps and all these apps. Not saying it's negative,
• 36:13
  Speaker 1: just talking about, you know, go there and get the
• 36:16
  Speaker 1: food versus spending the feed. They have the food brought
• 36:18
  Speaker 1: to you. We had to call here Michael in Atlanta.
• 36:21
  Speaker 1: How are you doing, Michael, You're speaking to Dr Lynn
• 36:23
  Speaker 1: Richardson on Money Making Conversations master Class. What is your question?
• 36:28
  Speaker 1: I'm doing absolutely fine. Thank you so much for having
• 36:30
  Speaker 1: me on the show. UM. My question actually was about
• 36:33
  Speaker 1: life insurance. I actually ended up losing my job not
• 36:36
  Speaker 1: too long ago, and I just wanted to understand how
• 36:40
  Speaker 1: do I keep investing UM in my life insurance plan
• 36:43
  Speaker 1: when well, I mean, with this economy and everything going on,
• 36:46
  Speaker 1: I really don't know how to maintain it. I don't
• 36:49
  Speaker 1: really know what you do now you know that. Yeah,
• 36:54
  Speaker 1: that's an excellent question, and first of all, you know,
• 36:57
  Speaker 1: my my prayers are with you as you figure out
• 37:00
  Speaker 1: how to regroup. Regroup. Um. The number two things and
• 37:03
  Speaker 1: the overall financial strategy is to get more money, build
• 37:06
  Speaker 1: multiple streams of income, and so to that piece of it,
• 37:09
  Speaker 1: I would say, Um, start right now thinking about what
• 37:13
  Speaker 1: you can do. Start your own business, your own home
• 37:15
  Speaker 1: based business. Because one stream of income is has to
• 37:18
  Speaker 1: see your wealth. And one of the things I often say,
• 37:22
  Speaker 1: it doesn't matter if you're doctor, a lawyer, or a teacher,
• 37:24
  Speaker 1: you can still be an entrepreneur. A doctor can teach
• 37:28
  Speaker 1: health classes and tutor and things like that. A lawyer
• 37:32
  Speaker 1: can also teach legal clinics and teach people how not
• 37:35
  Speaker 1: to get shot if they get pulled over. Um. A
• 37:37
  Speaker 1: teacher can set up tutoring and so depending on what
• 37:40
  Speaker 1: your skill set is, whether it's your professional skill set
• 37:43
  Speaker 1: and or um, something that you have passion about or
• 37:46
  Speaker 1: that you are or that you enjoy doing, you set
• 37:49
  Speaker 1: up another stream of income. In terms of your life insurance.
• 37:52
  Speaker 1: You just hit a very key point. It is important
• 37:55
  Speaker 1: for every single one of us, and I'm saying everybody.
• 37:58
  Speaker 1: I don't care how many ALBS you have. It is
• 38:01
  Speaker 1: important for you to have your own life insurance policy
• 38:05
  Speaker 1: independence of your job, because if you lose your job,
• 38:10
  Speaker 1: you will also lose that life insurance. And by the
• 38:12
  Speaker 1: time you lose that job, you may be older. You
• 38:15
  Speaker 1: will be older. I mean even if it's just one day,
• 38:18
  Speaker 1: you'll be older, and you may not be in the
• 38:22
  Speaker 1: best health that you were in when you first got
• 38:24
  Speaker 1: the job or got the life insurance policy. So the
• 38:27
  Speaker 1: number one thing I'd say to you is um to
• 38:29
  Speaker 1: remember that this is the word in here, it's life.
• 38:32
  Speaker 1: This is your life. This literally is your life. And
• 38:36
  Speaker 1: I'm going to tell you from my own experience, it
• 38:40
  Speaker 1: did not matter. I was want food, fam I was,
• 38:43
  Speaker 1: you know, degreed in in finance, mathematics, business master degree.
• 38:49
  Speaker 1: I had been the vice president of a of a
• 38:51
  Speaker 1: major financial institution and I could not find a job.
• 38:54
  Speaker 1: But let me tell you what I had. I had
• 38:56
  Speaker 1: food samp, I had a roof over my head, and
• 38:59
  Speaker 1: I had some life insurance. Because here's what I knew.
• 39:02
  Speaker 1: As long as I have a roof over my head
• 39:04
  Speaker 1: and I have food on the table, I will not
• 39:06
  Speaker 1: be homeless and I will not be hungry. So you
• 39:08
  Speaker 1: get me pass those to two things. Go live with
• 39:11
  Speaker 1: my grandmother, whatever it takes to do to get there. Now,
• 39:15
  Speaker 1: I'm gonna grind and I'm gonna make sure I have
• 39:17
  Speaker 1: enough life insurance because just in case I don't wake up,
• 39:21
  Speaker 1: then my children would not feel the fall out of
• 39:24
  Speaker 1: my mispath. My children would not feel the fall out
• 39:26
  Speaker 1: my community, my generation. Some people say, well, I don't
• 39:29
  Speaker 1: have children, don't you care about something? Is there a
• 39:32
  Speaker 1: community center you'd like to build in your old neighborhood.
• 39:35
  Speaker 1: Is there something you'd like to donate to a school?
• 39:38
  Speaker 1: Is there a church? Is there a center? See what
• 39:40
  Speaker 1: other cultures do if they make sure that the next
• 39:43
  Speaker 1: group doesn't have to start over. And so my blessings
• 39:46
  Speaker 1: and my prayers are with you as you figure that
• 39:48
  Speaker 1: out and you find fifty dollars, sixty dollars or whatever
• 39:52
  Speaker 1: it is a month to figure out a way to
• 39:54
  Speaker 1: get some life insurance and to maintain it. Great, Um,
• 39:58
  Speaker 1: let me ask you this question because I'm not trying
• 40:01
  Speaker 1: to get into their life insurance expert conversation, but there
• 40:04
  Speaker 1: are different versions of life insurance. You have the term
• 40:07
  Speaker 1: life that I'm fair familiar with. Then you have a
• 40:10
  Speaker 1: whole and universal. Are you adverse enough to tell us
• 40:14
  Speaker 1: the difference? And why won't you go with the other there?
• 40:17
  Speaker 1: Dr Lamb Richardson, Absolutely so. In the in the early days,
• 40:21
  Speaker 1: if you're if you're financially uh, if you're struggling financially,
• 40:25
  Speaker 1: if you're trying to really hard to make ends, meet.
• 40:27
  Speaker 1: What I recommend in your early days of getting your
• 40:30
  Speaker 1: financial plan in order is to get as much term
• 40:34
  Speaker 1: life insurance as you can get a twenty or thirty
• 40:37
  Speaker 1: year term policy UM, that is temporary life insurance UM.
• 40:42
  Speaker 1: But instead of you only having let's say a hundred thousands,
• 40:45
  Speaker 1: you may have five hundred thousand or million, particularly if
• 40:48
  Speaker 1: you have children, if you have more than one child, UM,
• 40:51
  Speaker 1: if you have a parent, a grandparents. You see, Rashwan,
• 40:54
  Speaker 1: I had enough life insurance not just to take care
• 40:57
  Speaker 1: of my children, but my grandmother raised me. You've heard
• 41:00
  Speaker 1: me talk about grandma, and if something happened to me,
• 41:05
  Speaker 1: I wanted to make sure that there was enough money
• 41:07
  Speaker 1: to take care of her, to put her into not
• 41:11
  Speaker 1: just a nursing home, but a skilled facility that would
• 41:14
  Speaker 1: be able to support her comfortably during her last days.
• 41:19
  Speaker 1: And so when you get the life insurance policy, you
• 41:21
  Speaker 1: also set up a trust. The trust explains what to do.
• 41:26
  Speaker 1: The trust says, gives each child tuition money once a month,
• 41:30
  Speaker 1: or enough money for rent. It says, pay grandma's nursing
• 41:35
  Speaker 1: home bill, or whatever it does, because what we don't
• 41:37
  Speaker 1: want to do is leave this money for people to
• 41:39
  Speaker 1: just mess it up right, because we have to go
• 41:41
  Speaker 1: back from and kill everybody. That that's just you know,
• 41:47
  Speaker 1: because that's how we think. We're thinking, well, I don't
• 41:49
  Speaker 1: want to just leave it to him because then they're
• 41:51
  Speaker 1: gonna mess it up, and so we don't do anything. No.
• 41:54
  Speaker 1: A trust is a business plan for what happens to
• 41:56
  Speaker 1: your money until your assets after you die. So that's
• 42:00
  Speaker 1: term life. As you get a little more season, you
• 42:03
  Speaker 1: may want to convert some of your insurance to whole life.
• 42:06
  Speaker 1: Whole life is life insurance that will last you a lifetime.
• 42:11
  Speaker 1: You may have to pay it until you're sixty five
• 42:13
  Speaker 1: years old, where you may pay it until your seventy
• 42:15
  Speaker 1: five or whatever your particular contract says, but then that
• 42:19
  Speaker 1: life insurance is in place until you pass on. And
• 42:23
  Speaker 1: the good thing about whole life Rashaan is it's an
• 42:27
  Speaker 1: automatic built in savings plans. If you find yourself in
• 42:31
  Speaker 1: a situation where you need money to buy a house,
• 42:35
  Speaker 1: you can handle the emergency to live off of you
• 42:38
  Speaker 1: can pull down the money that has been placed into
• 42:41
  Speaker 1: that whole life saving portion. And then finally, universal There
• 42:45
  Speaker 1: are many different ways that you can use a universal policy,
• 42:49
  Speaker 1: but the number one way is to have its following
• 42:51
  Speaker 1: one of the top indexes in industries in the stock market.
• 42:55
  Speaker 1: So if you have a universal life policy and it
• 42:58
  Speaker 1: is outperforming the SMPS five hundred, then what you can
• 43:01
  Speaker 1: expect over time is that you're saving portion will grow,
• 43:05
  Speaker 1: just like the stock market. So there are multiple ways.
• 43:09
  Speaker 1: But I say to everyone, at least get started with
• 43:11
  Speaker 1: an inexpensive term policy and then uh your policy you know,
• 43:18
  Speaker 1: as you go along. And I would agree, alright, like
• 43:20
  Speaker 1: I said, I've had the I have, I've not had.
• 43:22
  Speaker 1: I have a universal policy, and the interest rate has
• 43:26
  Speaker 1: been no lord in four percent in the last fifteen years.
• 43:30
  Speaker 1: So that means when it was zero or one percent
• 43:33
  Speaker 1: or no percent, I've always had four percent minimum guaranteed
• 43:37
  Speaker 1: on my money that I had in my universal or
• 43:41
  Speaker 1: our whole policy. So she's telling the absolute truth. Yeah,
• 43:46
  Speaker 1: and that's about a hundred times better than what you're
• 43:48
  Speaker 1: gonna get in a stage of account at the bank.
• 43:50
  Speaker 1: It's about three times better than what you're gonna get
• 43:52
  Speaker 1: buying bond. And um, it's a great, great way to
• 43:56
  Speaker 1: have something stable. Um. But also that's that's growing with
• 43:59
  Speaker 1: the stock market. I love it. Yeah. And another note
• 44:01
  Speaker 1: she can tell you is that if you if you
• 44:03
  Speaker 1: if you can actually do a loan against the money
• 44:06
  Speaker 1: that you have, that so you actually can use your
• 44:09
  Speaker 1: money and not take it out, just take a loan
• 44:11
  Speaker 1: against it. And so it's just so many ways why
• 44:14
  Speaker 1: this is important to have a conversation doing national financial
• 44:17
  Speaker 1: Literacy made because we as a community, you have to
• 44:20
  Speaker 1: understand you don't have to always you know, you can
• 44:23
  Speaker 1: bar against your own money and then keep living a
• 44:25
  Speaker 1: great life instead of sitting over there playing high interest
• 44:27
  Speaker 1: rate or not being able to do anything because you're
• 44:31
  Speaker 1: frustrated because you didn't think out the process. We'll be
• 44:34
  Speaker 1: right back with more Money Making Conversations Masterclass with Rashan McDonald. Now,
• 44:42
  Speaker 1: let's return to Money Making Conversations Masterclass with Rashan McDonald.
• 44:47
  Speaker 1: Our relationship with Dr Lynn Richardson goes back over ten
• 44:51
  Speaker 1: years fifteen years when he was a regular, a regular
• 44:55
  Speaker 1: on Steve Harvey's talk show as a financial expert. You've
• 44:58
  Speaker 1: seen her many times on Good mor in America. So
• 45:01
  Speaker 1: you're getting a person who's giving advice that's naturally recognized
• 45:05
  Speaker 1: and I also a voice that cares about the community.
• 45:08
  Speaker 1: And that's why it's important when she gives his advice
• 45:11
  Speaker 1: that you can hear that little extra passion in her
• 45:14
  Speaker 1: back because it's all bit up. She's like ready to
• 45:17
  Speaker 1: just just jump in and just tell you shake you
• 45:21
  Speaker 1: listen to me, you can do this. And that's really
• 45:24
  Speaker 1: what drives her. And that's what makes me really enjoyed
• 45:28
  Speaker 1: listening to you. I just sit back because when you
• 45:30
  Speaker 1: when you in in the blessed to be a part
• 45:34
  Speaker 1: of something unique, and that's when I have these conversations
• 45:36
  Speaker 1: with you, Dr Letts, and you're unique and very special
• 45:39
  Speaker 1: talent and what you're doing is just not normal. And
• 45:43
  Speaker 1: I really appreciate you coming on the show talking like this. Wow.
• 45:48
  Speaker 1: Let me tell you when you said, it's that little
• 45:50
  Speaker 1: passion like I just want to jump I do. I
• 45:52
  Speaker 1: want to just jump in your mind of the people
• 45:58
  Speaker 1: and just say go. If I had a remote control
• 46:02
  Speaker 1: and I and I could use it to help every
• 46:05
  Speaker 1: last one of us make the decisions that we need
• 46:07
  Speaker 1: to make to be free. You see ya, this is
• 46:10
  Speaker 1: not just about money and what I want people understand.
• 46:13
  Speaker 1: It's about the freedom that you have when you have
• 46:18
  Speaker 1: the resources to make choices that are in alignment with
• 46:22
  Speaker 1: God's will and your wishes. It's about freedom right, we
• 46:27
  Speaker 1: got Eric, Eric and from College Park. How are you doing? Eric,
• 46:31
  Speaker 1: I'm Finis McDonald. I'm glad I caught you. I didn't
• 46:34
  Speaker 1: think I would, but I heard Dr Lynn Richard some speak.
• 46:38
  Speaker 1: She was talking to me, so I had the dollars level. Well,
• 46:44
  Speaker 1: what question you have for the incredible Dr levite speak?
• 46:48
  Speaker 1: My friends? When she spoke about the uh SMP and
• 46:54
  Speaker 1: that I could invest, say fifty bucks a month or whatever,
• 46:57
  Speaker 1: I need to hear that one more time. Absolutely, yes,
• 47:02
  Speaker 1: you can choose a license, a universal whole life insurance
• 47:06
  Speaker 1: policy that is connected to an index. So if you
• 47:11
  Speaker 1: choose a fund, let's just say, for example, you have
• 47:15
  Speaker 1: a brokerage account at Fidelity or charge SWAB or TVA,
• 47:18
  Speaker 1: Merror Trade or each any one of them, go into
• 47:21
  Speaker 1: the research section and choose a fund that outperforms the
• 47:27
  Speaker 1: S and P five hundreds, so you have a four
• 47:31
  Speaker 1: oh one K or if you have a life insurance policy,
• 47:34
  Speaker 1: then you have the ability to invest your money. You're
• 47:38
  Speaker 1: gonna see a list of funds. Most of us don't
• 47:40
  Speaker 1: know what that listings. Uh. It may see that. It
• 47:43
  Speaker 1: may say the Fidelity funds, It may save these Vanguard funds,
• 47:47
  Speaker 1: and it'll have three or four letters. You take those
• 47:51
  Speaker 1: three or four letters, you put them into your research
• 47:54
  Speaker 1: box and on the website, on your platform, and then
• 47:59
  Speaker 1: you repair compared to what you compared to the SMP
• 48:03
  Speaker 1: five hundred. If your fund performs better than the SMP
• 48:08
  Speaker 1: five hundred over the past twenty years. So I'm not
• 48:11
  Speaker 1: just giving you quick advice. Look at what it's done
• 48:14
  Speaker 1: over the past twenty years. If that fund out performs
• 48:17
  Speaker 1: the SMP five hundreds, what it means is it's going
• 48:20
  Speaker 1: to increase in value over time. Now we're making a
• 48:25
  Speaker 1: decision between two funds. Look at both funds and see
• 48:29
  Speaker 1: which one performed the best. So that's a very simple
• 48:32
  Speaker 1: way for anybody. I don't care who you are. You
• 48:36
  Speaker 1: don't have to have any investment knowledge to be able
• 48:39
  Speaker 1: to decide which funds should I choose, Because Rashawn, that's
• 48:42
  Speaker 1: one of the things that gets most of us. We
• 48:45
  Speaker 1: don't know what funds to choose for our four one kids,
• 48:47
  Speaker 1: our whole propersonal life and so on. Yeah, while Erica,
• 48:53
  Speaker 1: you know, just getting that information. If there is some
• 48:56
  Speaker 1: work you gotta go online. You know there's there's but
• 49:00
  Speaker 1: she's showing it. There's no magic bullet here. The information
• 49:03
  Speaker 1: is there. You just have to compare. And that's the
• 49:08
  Speaker 1: that's the part that really drives us maddening and maybe
• 49:13
  Speaker 1: angry because of the fact that we are We all
• 49:17
  Speaker 1: have cell phones. You know that cell phone. Just go
• 49:21
  Speaker 1: to just go to to uh, just go to yourail.
• 49:24
  Speaker 1: You can look at it, looks into it. Now because
• 49:26
  Speaker 1: we're in a mobile society. So there's no excuse. Now
• 49:29
  Speaker 1: I don't have a computer, I don't have a laptop.
• 49:31
  Speaker 1: You have a cell phone, and that cell phone allows
• 49:34
  Speaker 1: you to do all the research. That cell phone allows
• 49:37
  Speaker 1: you to download apps. That cell phone allows you to
• 49:40
  Speaker 1: actually run your financial enterprise. Let's think that big. You
• 49:46
  Speaker 1: are a financial enterprise. And if you think that way,
• 49:49
  Speaker 1: then guess what your mindset would change. And that's what
• 49:52
  Speaker 1: let Richardson is telling us. But I'm just telling you
• 49:55
  Speaker 1: the excuse of the old days. I don't I don't
• 49:59
  Speaker 1: have the technology need to compete. I don't have the
• 50:01
  Speaker 1: ability to do the research. Yes you do. If you
• 50:04
  Speaker 1: called me on your mobile phone, if you're listening to
• 50:07
  Speaker 1: me on their phote phone, if you use your mobile phone,
• 50:10
  Speaker 1: you have the ability to compete. There are no excuses.
• 50:14
  Speaker 1: Do what she's asking all she's doing is asking the listeners,
• 50:18
  Speaker 1: asking you Eric to do this. Okay. This is most
• 50:24
  Speaker 1: of the time when people ask me a question, I
• 50:28
  Speaker 1: give them a class and people say, well, then why
• 50:31
  Speaker 1: can't you just answer the question? Rashan, You know there's
• 50:34
  Speaker 1: no such thingers just answering the question. You have to
• 50:37
  Speaker 1: learn how to get your money straight, and then you
• 50:40
  Speaker 1: have to learn how to keep your money straight. Okay,
• 50:43
  Speaker 1: because more money doesn't solve a money problem. If it did,
• 50:46
  Speaker 1: millionaires wouldn't go bankrupt. There are too many stories of
• 50:49
  Speaker 1: people who get money and they lose it because they
• 50:52
  Speaker 1: did not do the work to get it, nor did
• 50:54
  Speaker 1: they do the work to keep it. So education is
• 50:57
  Speaker 1: the key, and we need to move from knowledge to
• 51:00
  Speaker 1: action because knowledge is not power. People say knowledge is power. No,
• 51:04
  Speaker 1: knowledge is not power until it is put into action.
• 51:11
  Speaker 1: You are how do okay? They listened to you on
• 51:15
  Speaker 1: my show once a quarter. How can they reach out
• 51:18
  Speaker 1: to you? Do you have a website? How what's your
• 51:21
  Speaker 1: social media? Because your information is sustainable and they need
• 51:26
  Speaker 1: to know how to reach out to you. Got one
• 51:27
  Speaker 1: minute left filament on all the closing details about how
• 51:31
  Speaker 1: they can reach out to Dr le Richardson and what
• 51:34
  Speaker 1: format you have available to change their lives. Well, first
• 51:38
  Speaker 1: of all, I'm more than happy to come back as
• 51:40
  Speaker 1: much as you like, so we could turn once of
• 51:42
  Speaker 1: cording to one of mind. That's number one. Number two
• 51:48
  Speaker 1: ask lying dot org, well to ask lynn A s
• 51:51
  Speaker 1: k O y n N no eat dot org. Submit
• 51:55
  Speaker 1: your question, you get an immediate reply, and then follow
• 51:58
  Speaker 1: me on social media at much. If you want to
• 52:01
  Speaker 1: boatload of knowledge of education, go to my YouTube page
• 52:05
  Speaker 1: which is limited to TV, but as dot org is
• 52:08
  Speaker 1: the gateway to your freedom. My friend again, Uh, you
• 52:12
  Speaker 1: are so special, You're such a you know, it's always
• 52:16
  Speaker 1: you know, I've done a lot of good things in
• 52:18
  Speaker 1: my life. Bar when you come on my show, you
• 52:21
  Speaker 1: have me fired up, you have me thinking all the
• 52:23
  Speaker 1: right things. But more importantly, you change people's lives. We
• 52:26
  Speaker 1: talked soon again. This is Dr Lan Richardson. She's blessed
• 52:30
  Speaker 1: us with another another great episode on Money Making Conversation Masterclass.
• 52:35
  Speaker 1: You've been listening to Money Making Conversations Masterclass with Rushan McDonald.
• 52:40
  Speaker 1: Always remember to lead with your gifts. Money Making Conversations
• 52:44
  Speaker 1: Masterclass is a presentation of thirty eight fifteen Media Incorporated
• 52:50
  Speaker 1: you are now tuned into the money Making Conversations Minute
• 52:54
  Speaker 1: of Inspiration with Rashan McDonald. Hi Rashan McDonald for money
• 52:58
  Speaker 1: Making Conversation with your daily Minute Events ration. This week,
• 53:00
  Speaker 1: I sat down with singer, songwriter, actress, producer and award
• 53:04
  Speaker 1: winning artist you know take Me to the King, Tamler Man.
• 53:08
  Speaker 1: She graced my show and talking about her new song
• 53:10
  Speaker 1: he did it for Me, Tamla shares there was a
• 53:13
  Speaker 1: time she wondered when God was going to do it
• 53:15
  Speaker 1: for her? How you interview with me? Why you ain't tied?
• 53:20
  Speaker 1: I was tired. I took I took a few breaks breaks,
• 53:27
  Speaker 1: but and then to working on the music. But you
• 53:31
  Speaker 1: know what, you have to kind of work while this day.
• 53:33
  Speaker 1: You have to just keep going while you can because
• 53:35
  Speaker 1: you don't know what we do. You don't know what's
• 53:38
  Speaker 1: gonna happening, So you kind of have to work. When
• 53:40
  Speaker 1: it's time to work, and I think people don't time
• 53:43
  Speaker 1: to play, then you play. Tune in to hear my
• 53:45
  Speaker 1: full conversation with Tamla Man on Money Making Conversation dot
• 53:49
  Speaker 1: Com