Latest / The Steve Harvey Morning Show / Financial Motivator: Financial coach enables businesses and individuals to achieve financial success.

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Financial Motivator: Financial coach enables businesses and individuals to achieve financial success. · The Steve Harvey Morning Show

0:05
Speaker 1: Welcome to the show.
0:06
Speaker 2: I am with Shan McDonald, the host of Money Making
0:08
Speaker 2: Conversations Masterclass, where we encourage people to stop reading other
0:12
Speaker 2: people's success stories and.
0:14
Speaker 1: Start planning their own.
0:16
Speaker 2: Listen up as I interview entrepreneurs from around the country,
0:19
Speaker 2: talk to celebrities and ask them how they are running
0:22
Speaker 2: their companies, and speak with nod profits who are making
0:25
Speaker 2: a difference in their local communities. Now, sit back and
0:28
Speaker 2: listen as we unlock the secrets to their success on
0:31
Speaker 2: Money Making Conversations Masterclass.
0:34
Speaker 3: Hi, welcome to Money Making Conversations Masterclass, and I am
0:37
Speaker 3: your host, Rashaan McDonald. I've always told people listening to
0:41
Speaker 3: this show, you know, I've just listened over the years
0:45
Speaker 3: and my articulation has gotten better and my gttion, my
0:49
Speaker 3: wife corrects me, and I've listened to her. And because
0:52
Speaker 3: you have to continue work your craft, you have to
0:54
Speaker 3: continue to be able to take some form of criticism,
0:57
Speaker 3: whether it's constructive or perceived. You might perceive it negative comments,
1:03
Speaker 3: but if people are set there in there in a
1:06
Speaker 3: position to make you sound better, be better, educate you
1:11
Speaker 3: and to a winning situation. Because I want I want
1:13
Speaker 3: when you guys hear me to be able to hear
1:15
Speaker 3: the words correctly and the information correctly. And that's what Money
1:18
Speaker 3: Making Conversations is all about. The interviews that I do
1:21
Speaker 3: on this show and the information that this show provides.
1:23
Speaker 3: It's for you, it's for everyone. And I always tell
1:25
Speaker 3: people it's time to stop reading other people's success stories
1:28
Speaker 3: and start living on living, living your own life, not anybody.
1:33
Speaker 1: Else's, because it's you. It's you.
1:37
Speaker 3: When you wake up, it's you. You know, God wakes
1:39
Speaker 3: you up, it's that alarm clock sitting there. But guess what,
1:42
Speaker 3: I always beat my alarmcock up. I don't know why
1:46
Speaker 3: it's not so it's not waking me up. And I'm
1:48
Speaker 3: here to tell you you can reach your American dream.
1:50
Speaker 3: Just keep listening and listening with people, give your advice,
1:53
Speaker 3: listen with people. You will tell you need to do
1:55
Speaker 3: something that's gonna make your life harder. It might be harder,
1:59
Speaker 3: but it gonna make it better because nothing's easy long term.
2:03
Speaker 3: Nothing's easy long term. If you want to be a
2:05
Speaker 3: guest on my show, please visit Moneymaking Conversation dot com
2:08
Speaker 3: and click to be a guest button. Wow, let's get
2:11
Speaker 3: student my guest today empowers businesses and individuals to succeed
2:16
Speaker 3: by offering strategic financial strategies, expert guidance, and tailored business solutions.
2:23
Speaker 3: As a dedicated financial professional, she is committed to empowering
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Speaker 3: individuals through comprehensive financial education. Please work with the Money
2:30
Speaker 3: Making Conversations Masterclass. Laura Finny.
2:33
Speaker 4: How are you doing, Laura, I'm doing wonderful her side,
2:37
Speaker 4: How are you well, Laura?
2:38
Speaker 3: You know I didn't make it out to Invest Fast.
2:40
Speaker 3: You know, if you see you're coming out to Fest Fast.
2:42
Speaker 3: That's a big financial expo that's hosted annually in Los
2:48
Speaker 3: Angeles in Atlanta, Georgia, and she was out there.
2:50
Speaker 1: So while we at invest Fest.
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Speaker 4: Oh my god, you won't believe this. But this was
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Speaker 4: the first time I had heard about it.
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Speaker 1: Huh.
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Speaker 4: And I heard about it about back in June, and
3:03
Speaker 4: I hummed and hud if it was something I wanted
3:05
Speaker 4: to go to. I do follow Earn Your Living. I
3:09
Speaker 4: listen to their podcast as well as yours.
3:11
Speaker 2: Thank you.
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Speaker 4: It really intrigued me because I do help people make
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Speaker 4: financial decisions based on their long term goals. But I
3:20
Speaker 4: wanted to be in the room with people who were
3:23
Speaker 4: looking for information. Now that man was I in the room.
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Speaker 4: Absolutely a good ten thousand people there.
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Speaker 3: You know, it's really amazing because we're all are dreamers
3:34
Speaker 3: and I can't tell you how to be successful. What
3:37
Speaker 3: is the I would say frustrating because you know you
3:40
Speaker 3: got a system, you you've done this enough to know.
3:43
Speaker 3: But what are some of the mistakes that people make
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Speaker 3: when you're trying to plan a proper financial strategy for them?
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Speaker 4: You know, I was thinking about that honestly while I
4:00
Speaker 4: was listening to your other guests, and I'd probably say
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Speaker 4: the biggest one is listening to or taking advice from
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Speaker 4: someone who don't know what that person's long term goals
4:11
Speaker 4: and dreams are. People put you know, products and services
4:15
Speaker 4: in plates based on information they hear, or course that
4:19
Speaker 4: they took, or you know, someone's podcast, And honestly, I
4:23
Speaker 4: really appreciate that because I love it when people are
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Speaker 4: doing something to save for the future. But a financial
4:30
Speaker 4: plan is more than just saving. It's allowing you to
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Speaker 4: be able to live life on your terms. And that
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Speaker 4: comes with very very strategic plan and to make sure
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Speaker 4: that number one, you don't have to go back to
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Speaker 4: work when you decide to retire, or like I like
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Speaker 4: to say, live life on your terms, because nobody's really retiring.
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Speaker 3: But when financial positions, nobody's really retiring.
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Speaker 1: Please please tell my audience that.
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Speaker 4: Please tell my audience, no one really retire. You know,
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Speaker 4: we're not great Grandma sitting on the front porch with
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Speaker 4: some lemonade rock and back and forth in the chair.
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Speaker 4: We're not doing that. What retirement means now, which I
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Speaker 4: now call living life on your terms, it is being
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Speaker 4: able to say, Okay, I'm in a financial position to
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Speaker 4: never have to work again at this age and be
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Speaker 4: able to do whatever I want to do, which is,
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Speaker 4: you know, either do more philanthropy work or travel or actually,
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Speaker 4: you know, embark on a passion that they had outside
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Speaker 4: their full time job.
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Speaker 3: Let's get started him. I want to ask you a
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Speaker 3: couple of questions. My first question I want to do
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Speaker 3: is what inspired you to become a financial coach and
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Speaker 3: financial literacy educator?
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Speaker 1: What inspired you?
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Speaker 4: Oh, it was two things, Rishan. The first one was
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Speaker 4: it was the day after my fifiet birthday party and
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Speaker 4: you can only imagine how sober I was in that moment,
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Speaker 4: and my cousin asked me if I had a financial
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Speaker 4: plan for the future and what my retirement looked like,
5:55
Speaker 4: and I didn't know how to answer that articulately, so
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Speaker 4: to speak. You know, we saved, right, We plan on
6:03
Speaker 4: never having to go back to work again and maybe
6:04
Speaker 4: rely on some social security along with it. And then
6:08
Speaker 4: I realized that that wasn't it, and I realized that
6:11
Speaker 4: I'd have to give up a lot of the cable
6:13
Speaker 4: channels that I watched, you know, ten or fifteen years
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Speaker 4: from now. That was the first thing, is that I
6:18
Speaker 4: didn't know what I didn't know, and so having her
6:21
Speaker 4: explained to me what that looked like was an eye opener.
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Speaker 4: And then the second one is I grew up in
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Speaker 4: the South suburbs of Chicago, and my grandfather had over
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Speaker 4: about I want to say, twelve to fifteen acres of land,
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Speaker 4: and it was farm land. We grew fruits and vegetables
6:36
Speaker 4: and had pigs and horses and chickens, and he built
6:39
Speaker 4: a concrete home on that land. But when I was nineteen,
6:44
Speaker 4: my grandfather was dying of bone cancer and my mom
6:47
Speaker 4: and her two brothers said he needed to put a
6:49
Speaker 4: wheel in place, and he said, I don't need to
6:52
Speaker 4: do that. You and your brother's handle it. Well. F
6:54
Speaker 4: long story short, they didn't handle it. The boys wanted
6:57
Speaker 4: to sell, Mom wanted to keep it in the family,
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Speaker 4: and so she continued to pay the taxes on the
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Speaker 4: land until she passed away when I was twenty four.
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Speaker 4: Now I'm gonna get a little real here. I'm the
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Speaker 4: youngest of seven kids, and we have a very large family,
7:12
Speaker 4: and all those grown folks in the family didn't pay
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Speaker 4: the taxes, so we lost the taxes the land to
7:18
Speaker 4: tax sales. And so about five years ago I went
7:23
Speaker 4: home and the area because you know, you always ride
7:26
Speaker 4: past where you used to live and grow up, and
7:28
Speaker 4: it was instant and come to find out, Amazon was
7:31
Speaker 4: building a distribution center on the land I grew up.
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Speaker 1: Plan on this story don't getting wow Wow.
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Speaker 4: So that's where my desire, my passion for helping uneducated
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Speaker 4: people become educated to really make some financial decisions that
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Speaker 4: will impact their lives, not just now but in the future.
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Speaker 3: Well, you know, and I appreciate that on the story.
7:54
Speaker 3: And I try to be honest on this show. I
7:56
Speaker 3: try to tell people about my mistakes. I try to
7:59
Speaker 3: tell people that, you know, my life isn't rosie. I
8:01
Speaker 3: tell them whether it's my health stupidity, because you know,
8:05
Speaker 3: I've made some dumb decisions.
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Speaker 1: Dude.
8:08
Speaker 3: I tell everybody brag about the fact I eat ice cream.
8:10
Speaker 3: I eat a guy on ice cream a week. I
8:12
Speaker 3: tell people that in the heartbeat. Then all of a sudden,
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Speaker 3: I got high blood pressure and high cholesterol.
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Speaker 1: Am I stunned? No, because you've been doing stupid things.
8:21
Speaker 5: Please don't go anywhere. We'll be right back with more
8:25
Speaker 5: money Making Conversations Masterclass. Welcome back to the Money Making
8:34
Speaker 5: Conversations Masterclass, hosted by Rashaan McDonald. Money Making Conversations Masterclass
8:40
Speaker 5: continues online at Moneymakingconversations dot com and follow money Making
8:45
Speaker 5: Conversations Masterclass on Facebook, Twitter, and Instagram.
8:49
Speaker 3: But I think that when you look at so many
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Speaker 3: stories about you know, we had land and or we
8:56
Speaker 3: and didn't understand how to pass that land, and then
8:59
Speaker 3: you do hear some great stories where the family understood
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Speaker 3: how to create a legacies with that land and get
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Speaker 3: it to the next point. Now you know if a
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Speaker 3: number that you brought up was fifty, and that reason
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Speaker 3: I bringing that up because certain people locked down certain
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Speaker 3: age numbers where they go I can't do nothing else
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Speaker 3: with my life.
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Speaker 1: This is it.
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Speaker 3: I'm just gonna get to the finish line. But at
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Speaker 3: fifty you didn't see it that way. You didn't see
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Speaker 3: a finished line?
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Speaker 1: What what? What? What? What kept you motivating?
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Speaker 4: I plan on living till one hundred and twelve.
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Speaker 1: There you go, girl, there you go. Come on me
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Speaker 1: and you. I'm telling me and you.
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Speaker 4: Lord to get it years to get it right.
9:39
Speaker 1: But I'm gonna be like Dick Van Dyke.
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Speaker 3: Though Dick van Dyke still out there dancing, splitting acting.
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Speaker 3: You know, that's that's what Rashaan's going to be. I
9:47
Speaker 3: swear to you. You you see me walking around slow,
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Speaker 3: I'll be doing my yoga, I'll be doing my stretching,
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Speaker 3: my sit ups. Because I be looking at people my
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Speaker 3: age walk. I go, I can't walk like that. I
9:58
Speaker 3: can't walk like that. I got to do my stretching
10:01
Speaker 3: and all those things. And I wasn't doing that. And
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Speaker 3: I was realizing that if you allow age to win,
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Speaker 3: then the.
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Speaker 1: Results are bad, that's right. And at fifty you said.
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Speaker 3: No, that is not my eye. Don't you look at
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Speaker 3: me and tell me when I'm gonna die, don't you
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Speaker 3: do that?
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Speaker 4: And so what the problem is is that, you know,
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Speaker 4: my birth certificate said fifty. I felt like I was
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Speaker 4: in my thirties.
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Speaker 1: There you go. You know, well that's me.
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Speaker 4: I don't allow age numbers to define how I live
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Speaker 4: my life.
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Speaker 1: Say that to my audience one more time. Come on, please, please.
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Speaker 4: Really, I do not allow age to define how I
10:38
Speaker 4: live my life.
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Speaker 3: Now, you know you've been repeating a lot of things
10:41
Speaker 3: on your interview because you've been saying some profound stuff
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Speaker 3: to my audience. Because see I always tell people this, Laura,
10:48
Speaker 3: never allow age to be an excuse on anything you
10:51
Speaker 3: want to do. You know, yes, physically you may not
10:55
Speaker 3: be able to do things, but if your mind's right
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Speaker 3: and you have the ability of plan, you have they
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Speaker 3: to create relationships you can win with. Here's my next question.
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Speaker 3: I want to ask you one of the most common
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Speaker 3: financial challenges you see people in their thirties and forties facing,
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Speaker 3: and how do you advise them overcoming them?
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Speaker 4: Oh, the biggest one I see with people in their
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Speaker 4: thirties and forties is the number one. They believe that
11:22
Speaker 4: they need to pay off debt first. And you know,
11:25
Speaker 4: the golden rule is to always pay yourself first. That's
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Speaker 4: number one. And then the especially people in their forties,
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Speaker 4: they're putting away money and products that they cannot access,
11:36
Speaker 4: but will need access to as they get older, either
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Speaker 4: for investment purposes or planning on, you know, different purchases
11:46
Speaker 4: in the future. Some are still looking to buy their
11:48
Speaker 4: dream homes and things like that, so they're saving, but
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Speaker 4: again not in all the proper buckets. That's number one,
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Speaker 4: and then number two, the biggest thing that they face
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Speaker 4: is feeling like they have time.
12:01
Speaker 1: When you said time.
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Speaker 4: To you know, put away money right now?
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Speaker 3: They have time, right but let's let's talk about that
12:09
Speaker 3: real quick before we go to break because of the
12:11
Speaker 3: fact that we all feel.
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Speaker 1: We have time, and we do. We really do have time.
12:16
Speaker 3: Because see, but you need a plan. You have to
12:19
Speaker 3: need to have to start a playing somewhere. We're gonna
12:21
Speaker 3: start the plan at fifty sixty seventy, but it's always
12:24
Speaker 3: nicer if you start that plan at thirty forty, if
12:30
Speaker 3: you're really smart in your twenties. Because I kind of
12:33
Speaker 3: did that a little bit lore but I didn't understand
12:36
Speaker 3: what I was doing. See, that's making a plan without
12:39
Speaker 3: a clear understanding of your plan.
12:44
Speaker 1: Does that make sense to that, you know what I'm saying.
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Speaker 3: So that meant that I didn't value the long term
12:51
Speaker 3: of what I needed to do with that plan. And
12:54
Speaker 3: so because I look back and go, man, if you
12:56
Speaker 3: just not even mess with that money and it just
13:00
Speaker 3: just see where it would have been right now with
13:03
Speaker 3: stock splitting and splitting again and splitting again and riding
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Speaker 3: through two thousand and eight. Girl, you wouldn't even be
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Speaker 3: listening to me on this show. I'll be having money
13:11
Speaker 3: making conversations at the house because I understood my plan.
13:17
Speaker 3: And when you do financial literacy and financial education, that's
13:21
Speaker 3: the number one question that I have to keep asking
13:23
Speaker 3: myself is when am I going to listen to the
13:26
Speaker 3: right people? And you wanted the right people to listen to.
13:30
Speaker 3: So how do you get the word out about you?
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Speaker 1: Laura?
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Speaker 4: It's two things. So one I'm really excited about that's
13:38
Speaker 4: coming up where I'm going to focus solely on women.
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Speaker 4: But most of it comes from either networking events, hosting
13:46
Speaker 4: my webinars, which I tend to do a lot of
13:49
Speaker 4: host a lot of free online webinars, and then I'm
13:52
Speaker 4: also invited to speak out at events. And I have
13:56
Speaker 4: a team of I like to call them my young generation,
13:59
Speaker 4: which I saw appreciate them of people in their twenties
14:02
Speaker 4: and thirties and being able to get them out in
14:05
Speaker 4: the community because it takes a village. I can't do
14:09
Speaker 4: it alone. So it takes a village to really bring
14:12
Speaker 4: the awareness and have access to a demographic I would
14:15
Speaker 4: normally have access to. So between me and my team,
14:19
Speaker 4: there isn't one person I don't see that I don't
14:22
Speaker 4: care where they're work, and I ask them, do you
14:24
Speaker 4: see yourself doing this for the next twenty thirty years?
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Speaker 3: You know some I don't know if you know when
14:35
Speaker 3: if you'd asked me why I was in my twenties
14:37
Speaker 3: because I was still trying to figure myself out, Laura,
14:41
Speaker 3: and you know, I was working at IBM, and I
14:44
Speaker 3: knew that wasn't the job for me, that wasn't my
14:46
Speaker 3: dream job. And so I always tell people what you
14:52
Speaker 3: do between eighteen and twenty two really defines what you
14:56
Speaker 3: can do for the rest of your life, because that's
14:59
Speaker 3: when you you are fearless. You're gonna go do whatever
15:04
Speaker 3: you need to do. Nobody can't tell you anything. That
15:08
Speaker 3: personality she'd sustain you should be the sustaining personality in
15:13
Speaker 3: your entire life.
15:14
Speaker 1: I'm speaking with Laura Finny.
15:15
Speaker 3: You know she had a moment when she was fifty
15:18
Speaker 3: years old her fiftieth birthday, and guess what she told me?
15:21
Speaker 1: Rashan, I wasn't.
15:22
Speaker 3: Really clear because it was my fiftieth birthday, but I
15:24
Speaker 3: knew I had to make a change, and that my
15:27
Speaker 3: change was becoming financially literate. She has eight years of
15:31
Speaker 3: experience in the financial services industry. An expert in delivering
15:35
Speaker 3: personalized financial literacy programs, workshops, and one on one consultations,
15:41
Speaker 3: she helps clients achieve financial stability and success. She is
15:45
Speaker 3: passionate about assisting individuals and reaching both their short term
15:49
Speaker 3: and long term financial goals. Now, Laura, budgets, We hear
15:57
Speaker 3: that word a lot. Budgets, Like you said earlier, you know,
16:01
Speaker 3: paying young people tend to want to pay off loans
16:04
Speaker 3: real quick on their credit cards. Now, can you share
16:08
Speaker 3: some basic budgeting tips for individuals and families who want
16:13
Speaker 3: to get better control of their finances?
16:17
Speaker 4: Yes? Well, Number one, you have to have money. I
16:22
Speaker 4: like to call it an increased cash flow every month.
16:25
Speaker 4: Every month you should be in a position to save
16:27
Speaker 4: some sort of money. And so there's like four categories
16:31
Speaker 4: that I look at specifically where people are spending money
16:34
Speaker 4: when it comes to their finances, and it's hanging out,
16:39
Speaker 4: guiding out, shopping, and personal care. Sometimes I see anywhere
16:47
Speaker 4: from five hundred to most recently nine hundred dollars a
16:52
Speaker 4: month in any one of those categories that people are spending,
16:56
Speaker 4: and that's a lot of money going out. That's the
16:58
Speaker 4: first thing is really checked. See of those four categories,
17:02
Speaker 4: where can you streamline your your cash flow going out, the.
17:07
Speaker 1: Hanging out and dining out?
17:09
Speaker 3: There, hanging out and hanging out and dining out, that's
17:11
Speaker 3: the first really killers in your trying to streamline your budget.
17:16
Speaker 1: Okay, okay, yep.
17:18
Speaker 4: And then the personal care. You know, I fire my
17:23
Speaker 4: barber because he charged me fifty dollars and my hair
17:25
Speaker 4: is about a shortage yours. There just has to be
17:32
Speaker 4: an accountability for the reasons. Now, you and I we're
17:37
Speaker 4: in the public, you know, we that's that. But for
17:42
Speaker 4: young girls going out spending you know, four or five
17:44
Speaker 4: hundred dollars a month on hair is just unreasonable because
17:49
Speaker 4: that's money that one hundred of that you can put away.
17:52
Speaker 4: So the first thing is really to look at when
17:54
Speaker 4: you're budgeting, how much can you really afford based on
17:57
Speaker 4: your current lifestyle and the lifestyle you want to live
18:00
Speaker 4: later and the other one is to make sure that
18:03
Speaker 4: you have an emergency fund. That one is so important.
18:06
Speaker 4: Don't care. I tell people, if you can save a
18:08
Speaker 4: dollar a day, you can have an emergency fund. It
18:11
Speaker 4: doesn't take putting away, you know, one hundred dollars a
18:13
Speaker 4: month or one thousand dollars a month. Just start where
18:17
Speaker 4: you are so that we create a new habit of saving.
18:21
Speaker 4: And so that's like the biggest thing for me right
18:24
Speaker 4: now with helping people budget is to really budget what
18:27
Speaker 4: you're eating every week. I have one client ask me about,
18:31
Speaker 4: how do you know avoid spending so much dining out
18:34
Speaker 4: when you know we have to go to lunch with clients,
18:36
Speaker 4: I says, who said you had to go to lunch
18:38
Speaker 4: with clients? Rashan, I'll do a walking meeting up at
18:42
Speaker 4: Gifts Gardens in Ballground, Georgia. Right meet me and Kennisa.
18:46
Speaker 4: Let's take a drive. I got fruit and nuts in
18:48
Speaker 4: a car for us, and let's go have a meeting
18:50
Speaker 4: in a beautiful environment. You can have a meeting in
18:53
Speaker 4: the park, but most people feel like, you know, to
18:56
Speaker 4: be a part of something, they need to have this
18:58
Speaker 4: persona that they can go out and eat three four
19:00
Speaker 4: times a week. Two three times a day, and that's
19:03
Speaker 4: just unrealistic. You can't sustain that. But that would be
19:07
Speaker 4: the biggest way is to really look at what your
19:09
Speaker 4: expenses are and to really cut back on things that
19:12
Speaker 4: are not a part of your necessities for every day living.
19:15
Speaker 3: You know, really when we look at the economy, like
19:18
Speaker 3: I was filling up my truck the other day, and
19:20
Speaker 3: you know, I just fill up, you know, and I'm
19:22
Speaker 3: not saying because I got it. Guess what, I got
19:24
Speaker 3: to put gas in the vehicle. Okay, And so you
19:29
Speaker 3: can complain, But guess what if you drive and stop complaining, Okay,
19:32
Speaker 3: you got it, I don't start walking. I can't walk
19:35
Speaker 3: because everything I want to do is so far apart.
19:38
Speaker 3: And so with that being said, the families, you know,
19:42
Speaker 3: you know, what can you do? You know when you
19:45
Speaker 3: got kids that going to school, you got you maybe
19:50
Speaker 3: a single mom, you might be even a single dad.
19:52
Speaker 3: You know, you might be in a divorced situation, or
19:54
Speaker 3: you might be a unified family. How do you look
19:57
Speaker 3: at trying to make sure your child feels good about life,
20:01
Speaker 3: but still having a budget that doesn't break break the break,
20:06
Speaker 3: you know, that allow you to have a future.
20:09
Speaker 4: Oh two things. One is you got to be a
20:12
Speaker 4: little bit creative. You know, when we were growing up,
20:16
Speaker 4: we didn't have as many options for entertainment, right, we
20:20
Speaker 4: we made our own entertainment we had. I was talking
20:23
Speaker 4: to a young lady today and talking about, you know,
20:24
Speaker 4: I'm gonna sit out in the backyard with my grandson's
20:27
Speaker 4: and we get the chairs around and we'll, you know,
20:30
Speaker 4: pull out the fire pit and have some fun that way, right,
20:34
Speaker 4: Things that don't cost money, so to speak. You know,
20:37
Speaker 4: if my grandson wants me to take him to, you know,
20:40
Speaker 4: some jumping place I'm looking at six, Well, here we go.
20:43
Speaker 4: It's just my five year old granddaughter.
20:45
Speaker 1: You want to check your cheese. Oh gosh.
20:51
Speaker 4: You wanted to go to lunch And I said, well,
20:53
Speaker 4: do you want some chicken nuggets and chicken salace? He
20:55
Speaker 4: was like, no, I want to seize her salad. So
20:58
Speaker 4: I took her to us a round, got to seize
21:01
Speaker 4: a salad, and she said, I want a dessert. Forty
21:04
Speaker 4: five dollars later, I said, listen, I can't. I can't space.
21:09
Speaker 4: We can only do this like once a quarter, right,
21:12
Speaker 4: because you still got to be able to save. But
21:14
Speaker 4: the fun thing is that I also know I can
21:16
Speaker 4: make a really cheap but most delicious dessert which you
21:19
Speaker 4: and I'll talk about you and your food at another
21:21
Speaker 4: time because I'm totally intrigued. Okay, I can take two
21:24
Speaker 4: dollars and create the most amazing apple desserts that'll have
21:28
Speaker 4: anybody asking for more. So it really is just knowing
21:32
Speaker 4: how to stretch a dollar, but know that you don't
21:35
Speaker 4: have to go and support these other businesses and create
21:38
Speaker 4: generational wealth for those families versus being creative in your
21:42
Speaker 4: own space. Me and my daughters, we used to have
21:44
Speaker 4: slumber parties in the basement.
21:46
Speaker 1: Right right, right, right right, So it's.
21:48
Speaker 4: A little bit more about being a little bit more
21:50
Speaker 4: creative as to what you can do to entertain your kids.
21:52
Speaker 4: And there are tons of free parks in and around Atlanta.
21:55
Speaker 1: You know this.
21:56
Speaker 3: This interview is about you and your brand that you've
21:58
Speaker 3: been doing and building for ageas when one contacts you, Laura,
22:02
Speaker 3: what is the process, what's the technique? And how do
22:05
Speaker 3: you bring somebody into your formatter your strategy to make
22:11
Speaker 3: their lives financially better?
22:13
Speaker 1: How does that work?
22:14
Speaker 4: The first one is a quick call. I want to
22:17
Speaker 4: understand why you called or why you would like to
22:19
Speaker 4: sit and talk so I can get a better idea
22:21
Speaker 4: of where you are and what you want to do.
22:23
Speaker 4: The second one is to really sit down and just
22:26
Speaker 4: interview you so I don't like you're doing me right
22:28
Speaker 4: now about everything that you want now and in the future. Basically,
22:33
Speaker 4: what are you getting up for every day. It's not
22:35
Speaker 4: to pay bills, it's not to go on vacation in
22:37
Speaker 4: six months. What you get up for today is what's
22:40
Speaker 4: going to affect you ten years from now in your life.
22:43
Speaker 4: So let's focus on what that looks like. And then
22:46
Speaker 4: the next appointment is coming back with a strategy with
22:49
Speaker 4: ideas six steps starting from where you are now to
22:52
Speaker 4: get you to where you want to be.
22:55
Speaker 3: Wow, you know, I really look at myself when I
22:59
Speaker 3: talk to any individuals like to do in this financial
23:01
Speaker 3: literacy community. There are so many misconceptions about money management
23:06
Speaker 3: and can you address any of them?
23:15
Speaker 4: I'm just you know, radio silence is bad, right, But
23:19
Speaker 4: that's one of those ones that really gets me really
23:21
Speaker 4: frustrated because when I do see it, people don't manage
23:25
Speaker 4: it well because again they're living for today and tomorrow
23:28
Speaker 4: and next month and not for you know, down the
23:31
Speaker 4: road and I think that's the biggest thing is helping
23:34
Speaker 4: people understand that. You know, that's the whole thing about
23:39
Speaker 4: chasing money, right, you can't chase something And you mentioned
23:42
Speaker 4: something that if you don't mind, I want to circle
23:44
Speaker 4: back to about like the single moms or you know,
23:47
Speaker 4: parents who are living paycheck to paycheck. Is we all
23:51
Speaker 4: know that you have to increase cash flow. You can't
23:53
Speaker 4: save money based on where you are now if it's
23:55
Speaker 4: already a struggle, So how do you increase cash flow?
23:58
Speaker 4: And that's helping these parents understand that you can't keep
24:02
Speaker 4: adding more hours to your day. You can't take more
24:05
Speaker 4: time away for your kids. But understanding and being in
24:07
Speaker 4: an environment and having good contacts to talk about what
24:11
Speaker 4: residual income looks like for you so that you don't
24:14
Speaker 4: have to go out and work a second or third
24:16
Speaker 4: or fourth job, but you can still increase that cash
24:18
Speaker 4: flow coming in because sometimes it just feels what it is,
24:21
Speaker 4: you can't squeeze another hour out of their day, right,
24:24
Speaker 4: But then how do I manage that? And manage that
24:27
Speaker 4: is knowing that you have a financial plan and that's
24:30
Speaker 4: what you get up for every day. Nobody can sway
24:32
Speaker 4: me to take a trip, you know, because I know
24:36
Speaker 4: that in the next three months, I want to do
24:37
Speaker 4: something else with this money. But many people are like,
24:40
Speaker 4: my dear friend that's listening, she's gonna kill me. But
24:43
Speaker 4: you know, she wanted to take a trip to Jamaica
24:45
Speaker 4: and it's gonna run her almost one thousand dollars. And
24:47
Speaker 4: I said, what's your budget? She said, I don't have
24:49
Speaker 4: a budget.
24:49
Speaker 3: I was like, it kills met with a budget?
24:56
Speaker 1: And lor, how can we get in touch with Jazish?
24:57
Speaker 1: Wrap up this show. You're fantastic.
25:00
Speaker 4: They can reach out to me via my website. There's
25:03
Speaker 4: a contact form on the page. It's my first name,
25:06
Speaker 4: Laura l A U r A. My last name is
25:08
Speaker 4: Finny f I n n e y. The word enterprises,
25:12
Speaker 4: so Laura Fenny enterprises with an S dot nex. They
25:16
Speaker 4: can fill that out, tell me why they want me
25:18
Speaker 4: to reach out to them or why they're reaching out
25:20
Speaker 4: to me, and I'll be sure to get back with them.
25:22
Speaker 1: Ah, you're fantastic.
25:23
Speaker 3: Thank you for coming on Money Making Conversations Masterclass laurafinny
25:26
Speaker 3: enterprises dot net.
25:27
Speaker 1: Okay, thank you, Rashaan, I appreciate you.
25:30
Speaker 3: This has been another edition of Money Making Conversation Masterclass
25:33
Speaker 3: posted by me Rashaun McDonald. Thank you to our guests
25:36
Speaker 3: on the show today and thank you our listening to
25:39
Speaker 3: audience now. If you want to listen to any episode
25:42
Speaker 3: I want to be a guest on the show, visit
25:44
Speaker 3: Moneymakingconversations dot com. Our social media handle is money Making Conversation.
25:49
Speaker 3: Join us next week and remember to always leave with
25:52
Speaker 3: your gifts.
25:52
Speaker 1: Keep winning.