Latest / The Steve Harvey Morning Show / Overcoming bankruptcy, Grammy nominee Ashley Joi Boyd tells her story, "Financially Fly: Mastering Money and Wealth for Women."

Transcript

Overcoming bankruptcy, Grammy nominee Ashley Joi Boyd tells her story, "Financially Fly: Mastering Money and Wealth for Women." · The Steve Harvey Morning Show

• 0:05
  Speaker 1: Welcome to Money Making Conversations.
• 0:06
  Speaker 2: It's the show that she is the secrets of success
• 0:08
  Speaker 2: experience firsthand by marketing and Brandon expert Rashan McDonald. I
• 0:12
  Speaker 2: will know he's giving me advice on many occasions. And
• 0:14
  Speaker 2: in case you didn't notice, I'm not broke. You know
• 0:17
  Speaker 2: he'll be interviewing celebrity CEOs, entrepreneurs and industry decision make
• 0:21
  Speaker 2: because it's what he likes to do, it's what he
• 0:23
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• 0:26
  Speaker 2: Rashan McDonald money Making Conversations.
• 0:28
  Speaker 1: Here we go. I'm so happy you come back. The
• 0:33
  Speaker 1: people who come and listen to my show. This, of
• 0:35
  Speaker 1: course is Rashan McDonald's speaking and our host this weekly
• 0:38
  Speaker 1: money Making Conversation masterclass show. Now, I tell everybody, the
• 0:41
  Speaker 1: interviews and information that this show provides are for everyone.
• 0:45
  Speaker 1: And really, if you have not heard me say this,
• 0:47
  Speaker 1: I'm telling to you again it's time to stop reading
• 0:50
  Speaker 1: other people's success stories and start living your own. My
• 0:54
  Speaker 1: guess is Ashley Joy Boyd. Born and raised in Detroit, Michigan,
• 0:58
  Speaker 1: Ashley jeye Board has made the name for herself as
• 1:01
  Speaker 1: a Grammy nominee music producer and composer. She is the
• 1:05
  Speaker 1: co writer behind Justin Beaver's hit Yummy, and she's also
• 1:09
  Speaker 1: a real estate developer. Now with the release of her
• 1:11
  Speaker 1: book who Can Handle the she can add the title
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  Speaker 1: author because she foiled bankruptcy and had to return to
• 1:18
  Speaker 1: financial help, so she wrote this book Financially Fly mass Stream,
• 1:21
  Speaker 1: Money and Wealth for Women. Please welcome to Money Making
• 1:24
  Speaker 1: Conversations Masterclass. Ashley Boyd. How you doing, Ashley, I'm amazing son.
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  Speaker 3: Thank you so much for having me.
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  Speaker 1: Wow, can you give us some timelines you know of this? Well,
• 1:37
  Speaker 1: let let's let's let me let me start back. Let's
• 1:39
  Speaker 1: not go into the bankruptcy. Let's talk about the good times.
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  Speaker 1: You know, uh, you know, songwriter, you know, because I'm
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  Speaker 1: an entertainment and I can't sing elect but I have
• 1:49
  Speaker 1: been in music radio, uh syndicated radio with Steve Harvey,
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  Speaker 1: so I've made a lot of famous music artists from
• 1:56
  Speaker 1: Kim to uh to uh, Jill Scott to Mary J.
• 2:00
  Speaker 1: Blyde to John Legend. Now you are a songwriter. What
• 2:06
  Speaker 1: is that?
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  Speaker 4: Oh?
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  Speaker 3: My goodness? So songwriter. We are responsible for lyrics and
• 2:12
  Speaker 3: melody that accompany production. It is the heart and soul
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  Speaker 3: of a song. It's what makes it memorable, it's what
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  Speaker 3: makes it lasting, it's your favorite lyric. Songwriting is the
• 2:24
  Speaker 3: most important element of a song to me.
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  Speaker 1: So do you have to have any musical skills as
• 2:31
  Speaker 1: a songwriter, like play a piano, play an instrument? Do
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  Speaker 1: you have to do you have that level of talent
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  Speaker 1: as a songwriter.
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  Speaker 3: I do not play instruments. It would help, it would
• 2:42
  Speaker 3: help a lot, but I'm just led by by melody.
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  Speaker 3: I would create by listening to tracks that were made
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  Speaker 3: by other people, and I would just tune in, meditate,
• 2:52
  Speaker 3: and I would let the melodies come to me. The
• 2:54
  Speaker 3: lyrics would come soon after. It's a process that is
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  Speaker 3: very unique to every single song, right. Everybody has their
• 3:01
  Speaker 3: different methods of getting the greatness out. But for me,
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  Speaker 3: it was it was somewhat of like a spiritual, you know,
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  Speaker 3: process of just really tapping in and being a channel
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  Speaker 3: to download you know, these thoughts and these melodies.
• 3:15
  Speaker 1: Now, they tell me, now, the real money in the
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  Speaker 1: in the music game is in writing and publishing. Correct.
• 3:23
  Speaker 3: Listen, that is one hundred percent correct? Yes, yes, can you.
• 3:27
  Speaker 1: Explain to my audience exactly what that is? Because you know,
• 3:31
  Speaker 1: you can be the Old Jays and be singing the
• 3:33
  Speaker 1: number one hit. But that don't mean you making the
• 3:35
  Speaker 1: number one hit money. Is that correct?
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  Speaker 3: Right? So it's my experience that as an artist, unless
• 3:41
  Speaker 3: you are writing your own material, as an artist, you
• 3:45
  Speaker 3: kind of wind up working for the company that you're
• 3:47
  Speaker 3: signing to make the majority of your money on shows,
• 3:50
  Speaker 3: which means you are constantly on the road. You're constantly working,
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  Speaker 3: and it's you know, it's glamorized, but the real lucrative
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  Speaker 3: side of the business for me is the bad. Second.
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  Speaker 3: I own a music publishing company, so it's the collecting
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  Speaker 3: of the fees worldwide every time the song is played
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  Speaker 3: across the globe. You know, that's that's where the money is.
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  Speaker 1: Yeah, you know, because I was. I was at this
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  Speaker 1: event this past weekend and Frankie Beverly and from ADS
• 4:18
  Speaker 1: was being honored and he said his very first contract,
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  Speaker 1: he kept the rights to his publishing. Okay, rights to
• 4:26
  Speaker 1: his publishing. And so it's explained to me exactly how
• 4:30
  Speaker 1: because you said that really casually said, every time that
• 4:33
  Speaker 1: song's play, they get paid. How do they track.
• 4:36
  Speaker 3: That they have systems in place, they have satellite in
• 4:41
  Speaker 3: the sky. I you know, I don't know all of
• 4:44
  Speaker 3: the technicalities right there are there. There's several have several
• 4:48
  Speaker 3: several different firms that track every single time your song
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  Speaker 3: is played, every time it is streams, every time it
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  Speaker 3: appears on television or on the internet, you know, every
• 5:00
  Speaker 3: time you have to upload a song on social media.
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  Speaker 3: They track every single time and every single spin and
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  Speaker 3: it's monetized.
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  Speaker 1: Wow. The interesting thing about that is that you know
• 5:12
  Speaker 1: when I when I because we're all trying to make
• 5:14
  Speaker 1: money in my name and my show with money making
• 5:16
  Speaker 1: comes age master class, you know, because I hear I'm
• 5:22
  Speaker 1: trying to say this correctly. Because when I got an entertainment,
• 5:25
  Speaker 1: I wanted to be a stand up comic, okay, And
• 5:28
  Speaker 1: I can't sing, I can't dance. I think I can sing,
• 5:30
  Speaker 1: and I know I can't dance, okay, And so I'm
• 5:36
  Speaker 1: don't even go there. I'm a I'm horrible okay. And
• 5:40
  Speaker 1: so but as a stand up I was really good,
• 5:43
  Speaker 1: you know, but I couldn't act though I could. I could,
• 5:45
  Speaker 1: I could.
• 5:47
  Speaker 4: That was that.
• 5:47
  Speaker 1: I was very funny. But eventually you move on to
• 5:50
  Speaker 1: different skill levels. Okay. As a songwriter, was that your
• 5:53
  Speaker 1: original journey?
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  Speaker 3: No? Actually, I was I'm a product of an entertainment household.
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  Speaker 3: My mother I was a singer in Detroit in the seventies.
• 6:02
  Speaker 3: She singing a girl group. My father managed her group.
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  Speaker 3: So growing up I had plaques on the wall and
• 6:07
  Speaker 3: I got the best of both worlds. I saw my
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  Speaker 3: mom on stage and I saw my father handling all
• 6:12
  Speaker 3: of the business, and as a young girl, I leaned
• 6:14
  Speaker 3: towards the business. I really wanted to understand the workings
• 6:17
  Speaker 3: of the entertainment industry, and the older I got, you know,
• 6:21
  Speaker 3: I turned my poems and my writing into songs, and
• 6:25
  Speaker 3: I would go to lay my songs down in the
• 6:28
  Speaker 3: studio and I would get offers to people tell me
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  Speaker 3: you need to sing, you should do this, And I
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  Speaker 3: was offered a record deal from Murder Inc. My first
• 6:37
  Speaker 3: project had a song out with Ja Rohl called Body,
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  Speaker 3: and that was my introduction to the music industry. The
• 6:45
  Speaker 3: songs did amazing, and at around that time I was
• 6:50
  Speaker 3: offered a publishing deal, and unlike Frankie Beverly, they wanted
• 6:54
  Speaker 3: seventy five percent of my publishing. So me understanding the business,
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  Speaker 3: I turned that deal down and I had my one
• 7:02
  Speaker 3: song out and I moved on from that situation. It
• 7:06
  Speaker 3: was very interesting because to have a passion for the
• 7:09
  Speaker 3: industry and to have an opportunity in front of you,
• 7:12
  Speaker 3: but the business isn't right. It's just you know, it
• 7:14
  Speaker 3: makes you look in the mirror and question a lot
• 7:15
  Speaker 3: of stuff. But I went with my heart on that one,
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  Speaker 3: and you know today I own my own publishing company,
• 7:21
  Speaker 3: so it was definitely the right decision.
• 7:23
  Speaker 1: Okay, cool, Now this is really interesting because the whole
• 7:25
  Speaker 1: publisher because in my intro, I say, Grammy nominee music
• 7:29
  Speaker 1: producer composer Justin Beaver's hit Yummy. How do you get
• 7:34
  Speaker 1: a song to Justin Beever, how does Ashley George Boy
• 7:38
  Speaker 1: get a song that Justin Beefer?
• 7:41
  Speaker 3: Well, that for ask we joy Boy. That one is
• 7:44
  Speaker 3: that is a one phone call. My husband has been
• 7:47
  Speaker 3: Justin Bieber's main collaborator for you, so that one, that
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  Speaker 3: one came through my husband, Pool Bear and him and
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  Speaker 3: I work together musically before he even started working with Justin,
• 8:01
  Speaker 3: so you know, that one was a long time coming.
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  Speaker 3: I worked on a few different songs on the Purpose album,
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  Speaker 3: a few different songs on the Journal's album, but Yummy
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  Speaker 3: was the one that got the most traction. So that
• 8:13
  Speaker 3: was a that was a shoeing for me. I'm very
• 8:15
  Speaker 3: grateful for that.
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  Speaker 1: But you don't don't know, kind of like you shin
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  Speaker 1: away way up through my husband. It was the hook up.
• 8:21
  Speaker 1: But you know, I'm gonna tell you something. People could
• 8:24
  Speaker 1: say no, you know, and then you have to put
• 8:26
  Speaker 1: something in front of somebody for them to say yeah.
• 8:29
  Speaker 1: And I want to I want to bring that up
• 8:31
  Speaker 1: to people. You know a lot of times in life,
• 8:34
  Speaker 1: you know, people alwaysay shine you do a lot, you know,
• 8:36
  Speaker 1: like I like baking and I like that anytime. I
• 8:38
  Speaker 1: would tell you if you if you cracked that door
• 8:42
  Speaker 1: and you allowed me to put my foot in the door,
• 8:44
  Speaker 1: I must mention you slide my whole leg in that door.
• 8:49
  Speaker 1: And then if I got my leg in there, the
• 8:51
  Speaker 1: body gonna show up. Okay, And so you know what
• 8:54
  Speaker 1: I'm saying. So so when you say that, that's a
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  Speaker 1: perfect example of this yummy your husband he were with
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  Speaker 1: justin Bieber. Okay, husband, I got this ng over. Okay,
• 9:04
  Speaker 1: you have to convince him because you don't want to
• 9:06
  Speaker 1: look at he said. That's not a good baby. That's
• 9:07
  Speaker 1: not good baby. That's how good baby? When you're gonna
• 9:10
  Speaker 1: let him here? When you're gonna let him here. And
• 9:11
  Speaker 1: then he eventually hears it. So what he says, I
• 9:16
  Speaker 1: like this, I want to do something with it. Where
• 9:18
  Speaker 1: are you at emotionally or where you were? Where were
• 9:21
  Speaker 1: you at emotionally?
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  Speaker 3: Gosh at that point on ten, I'm like, it's about time.
• 9:27
  Speaker 3: But I have to go back my husband when he
• 9:29
  Speaker 3: met me. I you know, he met me around the
• 9:32
  Speaker 3: time I had my deal with Murder, Inc. And the
• 9:34
  Speaker 3: reason that they signed me and worked with me is
• 9:36
  Speaker 3: because I was a writer. They embraced me as a
• 9:39
  Speaker 3: writer first, even before an artist. So I mean he
• 9:42
  Speaker 3: respects my path as well. And it's you know, he's
• 9:44
  Speaker 3: he's such a legend. So to stand up next to him,
• 9:48
  Speaker 3: you know, in a in a in a non competitive form,
• 9:51
  Speaker 3: you know, it was just it was a great opportunity.
• 9:53
  Speaker 3: But he respects my artistry as well. So it works out.
• 9:57
  Speaker 1: Now, this is a happy part of the conversation. Ladies
• 9:59
  Speaker 1: and gentlemen. You know you know her name of her
• 10:02
  Speaker 1: her book is Financial fly Mastering Money, Wealth, Money and
• 10:09
  Speaker 1: Wealth for Women. Financially fly Mastering Money and Wealth for Women.
• 10:13
  Speaker 1: You file bankruptcy at one time in your life? Correct?
• 10:18
  Speaker 3: I did? I did? I? Thought the world had ended
• 10:21
  Speaker 3: for me. It was the most devastating thing. During the
• 10:24
  Speaker 3: housing crash in eight I was upside down in a
• 10:28
  Speaker 3: house and I was very young. I had no direction,
• 10:31
  Speaker 3: I had no guidance. I did not know how to
• 10:34
  Speaker 3: work the system in my favor. And it forced me
• 10:37
  Speaker 3: to file bankruptcy. And you know, they say that stays
• 10:39
  Speaker 3: on your credit seven to ten years. Oh, you won't
• 10:42
  Speaker 3: be able to get another mortgage. Your interest rates on
• 10:45
  Speaker 3: everything are going to be high for the rest of
• 10:47
  Speaker 3: your life. You know. I just I thought that that
• 10:49
  Speaker 3: was the end of the road, and I was so young.
• 10:52
  Speaker 3: I was devastated. But that really it forced me to research,
• 10:57
  Speaker 3: and it forced me to learn the hard way, you know,
• 11:00
  Speaker 3: how to protect myself going forward. And you know, it
• 11:04
  Speaker 3: was a pivotal moment because it just changed my trajectory.
• 11:08
  Speaker 3: You know, it changed how I looked at my relationship
• 11:10
  Speaker 3: with money, you know, and it made me just lock
• 11:13
  Speaker 3: in and have to make decisions that were going to
• 11:16
  Speaker 3: protect me in the future.
• 11:17
  Speaker 1: Now we said protect yourself in the future. Let's go
• 11:20
  Speaker 1: back for a minute, Like I have been overprotective of
• 11:24
  Speaker 1: my credit over the years. You know, my daughter is
• 11:27
  Speaker 1: exactly the same way she she'll tell me, She'll tell
• 11:30
  Speaker 1: you a credit score. That's how she looks it up.
• 11:34
  Speaker 1: Every week day, credit score goes up. Dad, if I
• 11:36
  Speaker 1: do this, and so so I like to believe I've
• 11:38
  Speaker 1: got to focus in the right direction. She's not going
• 11:41
  Speaker 1: to mess up. The staple of what you need to
• 11:43
  Speaker 1: do business in his life in this world is good credit.
• 11:46
  Speaker 1: So how are we able to climb out of that mess?
• 11:51
  Speaker 3: It just took time, and it took a very diligent, persistent,
• 11:55
  Speaker 3: you know, mindset to sacrifice when I needed to, and
• 11:59
  Speaker 3: and to know that it was going to be a
• 12:00
  Speaker 3: labor of love, that it was going to take time.
• 12:03
  Speaker 3: I'm like your daughter. I checked my credit score all
• 12:06
  Speaker 3: the time. Not just I need I need to see
• 12:08
  Speaker 3: that the number makes sense. But it's a commitment. And
• 12:12
  Speaker 3: these are things that we are not well. I wasn't
• 12:15
  Speaker 3: taught this in high school, you know, and money is
• 12:17
  Speaker 3: a very taboo topic and a lot of households, especially
• 12:20
  Speaker 3: in our culture. So that's part of the reason that
• 12:22
  Speaker 3: I wanted to create the book was just to create
• 12:26
  Speaker 3: an environment for engaging conversations where people know, you know,
• 12:30
  Speaker 3: mistakes that I made that they may not make the
• 12:33
  Speaker 3: same mistakes.
• 12:34
  Speaker 1: You know, the interesting thing is about money management is
• 12:38
  Speaker 1: that people run from numbers. People run from the truth.
• 12:43
  Speaker 1: I guess I should say, because sometimes the truth scares people.
• 12:47
  Speaker 1: But sometimes you got to hear the truth to get
• 12:51
  Speaker 1: to the positive. Is it that correct when I'm saying
• 12:55
  Speaker 1: people ignore the obvious when the obvious should be observed.
• 13:01
  Speaker 3: Well, it's a lot of emotional reaction when it comes
• 13:04
  Speaker 3: to money. People splurge, you know, for whatever reason. You know,
• 13:08
  Speaker 3: usually it's something that makes them feel good and you know,
• 13:11
  Speaker 3: overcompensating in certain areas. But it's a harsh reality when
• 13:15
  Speaker 3: you look at numbers in black and white, and it
• 13:17
  Speaker 3: can really hurt your feelings. You know, it can hurt
• 13:20
  Speaker 3: your feelings or you can use it as a stepping
• 13:22
  Speaker 3: stone to create a silent plant. And you know, I
• 13:25
  Speaker 3: just I promote that I think it's really important to
• 13:28
  Speaker 3: have structure and to check in with yourself on a
• 13:32
  Speaker 3: regular basis to make make sure that you're still in
• 13:35
  Speaker 3: the course.
• 13:35
  Speaker 1: Wow, I'm talking to Ashley Joyboard. Grammy Numbinee wrote a
• 13:43
  Speaker 1: song with for Justin Bieber. One of my you know
• 13:46
  Speaker 1: an artists I like song was called Yummy Flying High,
• 13:51
  Speaker 1: Flying High flying high all the good things young. Then
• 13:55
  Speaker 1: guess what something she wasn't prepared for When we come
• 13:57
  Speaker 1: back and we're talking more detailed on what some her
• 14:00
  Speaker 1: tips and tunes for positively changing and improving that mindset
• 14:03
  Speaker 1: at mindset that we're talking about that you can recover,
• 14:07
  Speaker 1: but sometimes you'll have to recover if you set the
• 14:09
  Speaker 1: steps in place to see it coming. Be right back
• 14:12
  Speaker 1: with more Money Making Conversation Masterclass.
• 14:21
  Speaker 5: We'll be right back with more money Making Conversations Masterclass
• 14:25
  Speaker 5: with rough Shawn McDonald.
• 14:27
  Speaker 6: Programming is made possible in part by supports from thirty
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• 14:57
  Speaker 5: Keep winning.
• 15:01
  Speaker 4: Welcome back to the Money Making Conversations Masterclass hosted by
• 15:05
  Speaker 4: Rashaan MacDonald. Money Making Conversations Masterclass continues online at Moneymakingconversations
• 15:11
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• 15:18
  Speaker 1: Hi, this is Rashan McDonald. Welcome back to Money Making
• 15:20
  Speaker 1: Conversations Masterclass. I am speaking to Ashley joy Board, born
• 15:25
  Speaker 1: and raised in Detroit, Michigan. Her book entitled Financially Fly
• 15:29
  Speaker 1: Mastering Money and Wealth for Women. Why did you write
• 15:33
  Speaker 1: this book?
• 15:35
  Speaker 3: Gosh, I just felt like it was such a need.
• 15:37
  Speaker 3: I wanted to encourage conversations, especially among women. I wanted
• 15:41
  Speaker 3: women to find a safe space where they felt like
• 15:44
  Speaker 3: they were talking to a friend, a girlfriend, or somebody
• 15:47
  Speaker 3: that they trust. And you know, I just I wanted
• 15:50
  Speaker 3: to encourage women to just stay the course in order
• 15:53
  Speaker 3: to sustain financial freedom.
• 15:56
  Speaker 1: Now, when you say, first of all, you sound like
• 15:58
  Speaker 1: a school teacher, don't know if anybody told you, which
• 16:01
  Speaker 1: is really good? You really you have that soothing void. Yeah,
• 16:05
  Speaker 1: you sound like a school teacher, which is really really
• 16:07
  Speaker 1: good because that means I'm listening, right, you know, everybody
• 16:09
  Speaker 1: listening to the school teacher. Okay, So don't they that
• 16:11
  Speaker 1: it's a negative because because you provide information that can
• 16:15
  Speaker 1: change people's lives. Now, now, in writing this book, are
• 16:20
  Speaker 1: you when you say women miss out? Are they women
• 16:24
  Speaker 1: need to know? Information that women need to know from
• 16:26
  Speaker 1: a financial perspective, give me a little bit more detail
• 16:29
  Speaker 1: on that.
• 16:31
  Speaker 3: Well, it's just I've come in contact I live in
• 16:33
  Speaker 3: Miami now come in contact with so many young girls
• 16:36
  Speaker 3: that have businesses that have this cash flow. They have
• 16:40
  Speaker 3: you know, online businesses. However, they're getting their money, They're
• 16:43
  Speaker 3: getting the bag. Okay, the money is not the problem.
• 16:47
  Speaker 3: But just because you know how to make money does
• 16:49
  Speaker 3: not know that you can maintain it or grow it. So,
• 16:52
  Speaker 3: just in conversations that I've had, I realized that there
• 16:55
  Speaker 3: is just a missing element in terms of turning this
• 16:59
  Speaker 3: well that is in your hands now into generational wealth.
• 17:04
  Speaker 1: Generational wealth, that's a term I hear a lot. In fact,
• 17:07
  Speaker 1: I've used that term on my Showred hundreds of times.
• 17:10
  Speaker 1: What exactly does generational wealth mean.
• 17:15
  Speaker 3: To me? Generational wealth means that your kids, your grandchildren,
• 17:20
  Speaker 3: your lineage has a structure in place to where they
• 17:26
  Speaker 3: do not have a need for any outside people to
• 17:33
  Speaker 3: come in and save them your family structure. For me,
• 17:36
  Speaker 3: generational wealth is when your family structure is so tight
• 17:40
  Speaker 3: and I'm talking trusts, life insurance policies, estate plans that
• 17:45
  Speaker 3: the kids don't have to worry about the money to
• 17:47
  Speaker 3: bury the grandparents. You know, I just when I came up,
• 17:52
  Speaker 3: it was not common for people in my neighborhood to
• 17:58
  Speaker 3: have anything in a trust or to have anything left
• 18:01
  Speaker 3: to him. It was often a burden to bury your
• 18:03
  Speaker 3: loved one. So generational wealth for me is just the
• 18:07
  Speaker 3: structure that is in place that I mean, you can
• 18:10
  Speaker 3: draw outside the lines on that one, but it's just
• 18:13
  Speaker 3: the structure has to be so solid that everybody in
• 18:15
  Speaker 3: the family can sustain and it's protected.
• 18:18
  Speaker 1: Now, one thing I'm forgetting that is part of your
• 18:20
  Speaker 1: resume is real estate development.
• 18:23
  Speaker 3: Yes, yes, yes, when I lived in I lived in
• 18:27
  Speaker 3: LA for eight years and I just fell in love
• 18:30
  Speaker 3: with real estate development. The properties there have the most
• 18:33
  Speaker 3: amazing views and a lot of them are very old,
• 18:36
  Speaker 3: so it was a great market to come in and
• 18:39
  Speaker 3: fix up homes and I was definitely passionate about that.
• 18:43
  Speaker 1: Now that's a high market now La. I lived near
• 18:46
  Speaker 1: LA fifteen years.
• 18:47
  Speaker 5: Now.
• 18:47
  Speaker 1: It's nothing cheap in LA. It may have great views asley,
• 18:52
  Speaker 1: but it's the views casts. Those views costs to LA.
• 18:56
  Speaker 1: But the thing about it is that what exactly Because
• 18:58
  Speaker 1: I'm always try trying to break things down, not only
• 19:02
  Speaker 1: for people who listen to my show or watch my
• 19:04
  Speaker 1: show is real estate developer. Now I'm a homeowner. I
• 19:09
  Speaker 1: bought several houses in my life now and now go
• 19:12
  Speaker 1: in and remodel the house to my standards. Alone with
• 19:14
  Speaker 1: my wife, she would say, I don't like that. I
• 19:16
  Speaker 1: would like that. We agree, then we make the change.
• 19:19
  Speaker 1: What is a real estate developer?
• 19:22
  Speaker 3: Gosh? Well for me, my husband he thrust that title
• 19:25
  Speaker 3: on me. We purchased homes and he said, We're not
• 19:28
  Speaker 3: going to hire a designer nor an architect. I trust
• 19:30
  Speaker 3: you with this project, gut it and do with it
• 19:34
  Speaker 3: what you please. And so that's what I did. I
• 19:37
  Speaker 3: would I would take homes and I love model.
• 19:40
  Speaker 1: So you a home flipper? You flipped homes?
• 19:44
  Speaker 3: Well, nope, can't say that I flipped. And we have tenants.
• 19:48
  Speaker 3: We have tenants in LA to this date. Okay, yeah,
• 19:51
  Speaker 3: But but my goal I have a goal for I
• 19:54
  Speaker 3: would love to actually develop new construction projects in the
• 19:58
  Speaker 3: city of Detroit, for doable housing projects. So, I mean,
• 20:01
  Speaker 3: I still have a list of goals when it comes
• 20:04
  Speaker 3: to that world. But I'm just passionate about the process
• 20:07
  Speaker 3: of developing home. Now.
• 20:09
  Speaker 1: You know, we all know in January, you know, we
• 20:11
  Speaker 1: always make these resolutions. I'm gonna lose weight, I'm gonna
• 20:15
  Speaker 1: save money. I'm gonna be a better person to everybody.
• 20:19
  Speaker 1: Now that means that, Look, you are the author financially
• 20:23
  Speaker 1: fly Mastering Money and Wealth for Women. So yes, it's
• 20:27
  Speaker 1: Twitter twenty four. What are a few of your top
• 20:30
  Speaker 1: tips for investing and saving money. Let's talk about investing
• 20:34
  Speaker 1: and then we're gonna talk about saving money investing.
• 20:37
  Speaker 3: I would encourage people to invest in themselves first and foremost,
• 20:42
  Speaker 3: yourself aligned expense. When it comes to when you have
• 20:45
  Speaker 3: your bills in front of you, put your name down
• 20:48
  Speaker 3: and do not miss that payment for yourself. Prioritize it
• 20:51
  Speaker 3: as if it's going to show up on your credit report.
• 20:53
  Speaker 3: Make sure that you know. Everybody's income is different, so
• 20:56
  Speaker 3: you have to sit down and figure out what exactly
• 20:58
  Speaker 3: works for you. But the most important thing is that
• 21:01
  Speaker 3: you start and you build the right habits in order
• 21:04
  Speaker 3: to save and in order to you know, have money
• 21:08
  Speaker 3: to invest.
• 21:10
  Speaker 1: Now it's really interesting when you say that, because this
• 21:13
  Speaker 1: year I have decided Rashaan gonna put a little some
• 21:18
  Speaker 1: for Rashwan.
• 21:20
  Speaker 3: I love it.
• 21:21
  Speaker 1: I'm seriously and my wife went, where are you gonna
• 21:23
  Speaker 1: get that? From I said, don't worry about it. Don't
• 21:25
  Speaker 1: worry about it, said friend of mine. A friend of mine,
• 21:31
  Speaker 1: he contacted me. He said, Hey, you know I'm doing
• 21:33
  Speaker 1: a birthday celebration here can you come? And I went, baby,
• 21:36
  Speaker 1: we're gonna go. You go really? Oh you making decisions
• 21:39
  Speaker 1: like that now? I said, yes, I am. I'm gonna
• 21:42
  Speaker 1: make a decision for me for a change, because I've
• 21:44
  Speaker 1: always like made decisions for why well, you know, i
• 21:49
  Speaker 1: gotta be on the air for the radio show, I'm
• 21:51
  Speaker 1: producing the TV show, or I got to be there
• 21:54
  Speaker 1: because I'm managing somebody. I've always put other people in
• 21:58
  Speaker 1: front of me. And so this year in twenty twenty four,
• 22:02
  Speaker 1: I love that idea of little line item. I call that,
• 22:05
  Speaker 1: I call that little life line for yourself. Yeah, that
• 22:10
  Speaker 1: makes so much situation. And I have to tell you, Ashley,
• 22:13
  Speaker 1: your boy in twenty twenty four, he got that line
• 22:15
  Speaker 1: item right in front of everything. I got that in
• 22:18
  Speaker 1: front of a bills number, food, everything, top of the line.
• 22:25
  Speaker 3: Capital M. I was gonna say, I just feel like
• 22:28
  Speaker 3: it's a I'm big on mentality and mindset and I
• 22:32
  Speaker 3: just want people. I want to empower people to know
• 22:34
  Speaker 3: that you deserve everything you desire. And I feel like
• 22:37
  Speaker 3: our relationship with money no matter where we got our
• 22:39
  Speaker 3: habits from our parents or just from watching how the
• 22:42
  Speaker 3: world works. A lot of people have a scarcity mindset
• 22:45
  Speaker 3: and they don't even realize why or what is rooted in.
• 22:48
  Speaker 3: So I would encourage people to focus on having a
• 22:51
  Speaker 3: mindset of abundance and just know that your mindset controls
• 22:56
  Speaker 3: everything around you. You know. It's just it's really it's
• 23:00
  Speaker 3: really special that you just tap.
• 23:01
  Speaker 1: In and go for what you believe in mindset of me.
• 23:05
  Speaker 1: M see you, You've given me the truth today, Ashley.
• 23:10
  Speaker 1: I'm going home because my wife listens to the show. Anyway,
• 23:12
  Speaker 1: I'm going home, and she gonna text me anyway me
• 23:16
  Speaker 1: because I'm gonna tell you something. I am a workaholic.
• 23:19
  Speaker 1: I probably work. I don't sleep as much as I
• 23:22
  Speaker 1: can sleep. I sleep like four five hours a day,
• 23:24
  Speaker 1: you know. And I'm telling you twenty twenty four, your
• 23:27
  Speaker 1: boy got the word me in front of everything. As
• 23:31
  Speaker 1: we close the show, we close the show a tip
• 23:34
  Speaker 1: on saving money. How can people save money?
• 23:38
  Speaker 3: Gosh, be diligent. You have to listen, create boundaries for yourself,
• 23:42
  Speaker 3: check in with yourself, be extremely diligent and know that
• 23:46
  Speaker 3: it may be a small sacrifice, but the habits that
• 23:48
  Speaker 3: you create they pay off in the long term.
• 23:50
  Speaker 1: Wow, the school teacher has spoken everybody. She might call
• 23:56
  Speaker 1: herself Ashley Joe Boyd, but she's a school teacher and
• 23:59
  Speaker 1: she's out there preaching from the book of Financially Fly
• 24:03
  Speaker 1: mastering money and wealth for women. As we close the show, Nasty,
• 24:08
  Speaker 1: thank you for coming on Money making Conversations, Master Lives.
• 24:11
  Speaker 1: Do you have anything you any closing notes from my audience.
• 24:15
  Speaker 3: I will tell you my website. It's Ashley Joy I
• 24:18
  Speaker 3: T s A s H L E Y j Oi
• 24:21
  Speaker 3: dot com, my Instagram Love a Joy, love A j
• 24:26
  Speaker 3: o I. And thank you so much for having me.
• 24:29
  Speaker 3: This was a pleasure.
• 24:30
  Speaker 1: Oh you've been fantastic. It's been funny. I've learned some
• 24:32
  Speaker 1: things and you know, really it really as we close
• 24:35
  Speaker 1: the show, you have to put yourself first. Some people
• 24:38
  Speaker 1: call it selfish, but I'm gonna telling you so. You
• 24:41
  Speaker 1: have to realize that, you know, God is giving you
• 24:44
  Speaker 1: an opportunity to experience a new day when you open
• 24:47
  Speaker 1: your eyes. I will tell people the alarm clock is
• 24:49
  Speaker 1: not waking you up. God's waking you up. There's a
• 24:51
  Speaker 1: lot of alarm clocks that are going off and people
• 24:53
  Speaker 1: are not responding to them. And so when he wakes up,
• 24:55
  Speaker 1: have a plan, and that plan should be about you,
• 24:58
  Speaker 1: and then don't be selfish about it. Share that abundance
• 25:02
  Speaker 1: with other people that I try to do it every day, Ashley.
• 25:05
  Speaker 1: I try to do it every day, and I really
• 25:07
  Speaker 1: uns to God believe that if I keep doing that,
• 25:10
  Speaker 1: then it's gonna be all good for Rashan too. Again,
• 25:12
  Speaker 1: thank you for coming on my show and we would
• 25:14
  Speaker 1: talk soon. Okay, I appreciate you.
• 25:16
  Speaker 3: Okay, thank you so much.
• 25:17
  Speaker 1: Wow. This is a great show man. I really enjoyed
• 25:20
  Speaker 1: doing this show every week and I appreciate having me
• 25:24
  Speaker 1: on here on Tuesdays. And I'll be back next week
• 25:26
  Speaker 1: with a new set of great people. Money Making Conversations Masterclass.
• 25:29
  Speaker 1: This show is for you. Anytime you hear an advice
• 25:32
  Speaker 1: by financing and offering, please do your research. Please talk
• 25:35
  Speaker 1: to your financial expert. I am just an individual that's
• 25:38
  Speaker 1: providing information. Is your job to do the research. Bye bye.
• 25:46
  Speaker 5: Thank you for joining us for this edition of Money
• 25:48
  Speaker 5: Making Conversations Master Class. Money Making Conversations Masterclass with rough
• 25:54
  Speaker 5: Shan McDonald is produced by thirty eight fifteen Media Inc.
• 25:58
  Speaker 5: More information about thirty eight fifteen Media Inc. Is available
• 26:02
  Speaker 5: at thirty eight to fifteen media dot com. And always
• 26:05
  Speaker 5: remember to lead with your gifts.