It’s been real! Season 7 has come to an end with a bang as we hit and celebrate 100 episodes... With all this excitment and joy I need to make an announcement about a hard decision that had to be made that I hope you can forgive me for.  Listen in and comment below.

Season 7 Finale: Major Announcement Plus Lessons Learned After 100 Episodes

Keep your head down and work hard is a mantra repeated by many. The truth is keeping your head down and working hard is not enough. In fact, it’s one of the worst piece of advise you could ever receive. In episode 99, we break down the 5 ways working hard keeps us broke.

The Hard Truth About Hard Work

You may have been hearing a lot over the past few weeks, or months, or years about the Federal Reserve Bank raising rates. In this episode, 98, we discuss who the Fed is, how these rates effect us, and hopefully give you a complete understanding what all this means for you!

Fed Raising Interest Rates… Here’s What That Mean For You

I love talking to other Misfits because I’m always challenged and inspired with new ideas and philosophies I want to share with you. Today, we tackle the long lived misunderstanding of thinking we get paid by the hour.  It’s one of those little half truths that we’ve been taught but today I want to shed light on how we actually get paid and how to get more out of every hour we give. Enjoy!

PSA: No One Gets Paid By The Hour

While this show is ALL about financial independence this episode is about the game plan to getting you from ZERO to real independence.  While most financial folk will continue to push the traditional hope and spray techniques we take a different approach.  An approach that gets you results in more like 10 years instead of 30 or 40.  Enjoy!

From Zero to Financial Independence

If you've never heard of the Marshmallow Test you're in for a treat... (see what I did just there?) If you have heard of it you should know that the test itself has come under some scrutiny in recent years.  Either way, there's some goodness in all this that we can soak up and ensure our own and our children's success for life!
Show Links & Mentions:

 	"Why Rich Kids Are So Good at the Marshmallow Test"
 	https://www.youtube.com/watch?v=BLtQaRrDsC4

https://www.youtube.com/watch?v=QX_oy9614HQ

The Marshmallow Test – How To Ensure Your Child’s Financial Success

We've been talking a lot about the kids lately but in this episode, we ask about Numero Uno... YOU!  As leaders and parents we're constantly on the look out for someone else... concerned about their well being... but today we put the focus back on where it probably should be... Let's Get It!

But What About You?

We continue with the topic of kids and money but with a twist.  I have been under the weather and my voice has suffered for it.  So today, I bring you a special audio treat from a man who ran a $10,000 experiment on his kids and shares what he has learned and how it ties directly to our own financial problems. This is one you don't want to let pass you by!

https://www.youtube.com/watch?v=_VB39Jo8mAQ&t=2s

When Money Isn’t Real

If you've ever wanted to know how to leave your children generational wealth that lasts, like the Rockefellers, this is the episode for you. You may have on your mind how to leave an inheritance but today we explore the difference leaving a "legacy" can make.

The Rockefeller Secret To Lasting Generational Wealth

My kids don’t have a savings jar and for good reasons.  Last week we talked about the 3G system and this week we discuss why there is no “SAVINGS” bucket included in the mix.
Episode 91 Timestamps:

 	First Time Tuning In? [1:27]
 	Where’s The Savings Jar? [2:56]
 	Defining Savings [3:32]
 	Reason 2 [5:31]
 	Reason 3 [7:46]
 	Managing one is like managing kids after school [8:08]
 	The underlying key to all of this? PURPOSE! [11:06]
 	Definition of immaturity [15:16]

Show Links & Mentions:

 	Show notes: https://yourmoneyright.com/91
 	Episode 90: The 3G System
 	The Money Misfits Facebook Group

Why I Don’t Recommend Savings Jars For Kids

Should we be giving our children allowances?  How do you make sure they don’t grow up spoiled and entitled?  What if you don’t have any money yourself?  In this episode, we dig in on the mechanics of how to teach your kids to manage money.  This is the simplest and most effective method that I know of to put our kids on the right track!  Let’s Get It!!
Episode 90 Timestamps:

 	Should we be giving our children an allowance? [2:50]
 	Should they get paid for chores [3:10]
 	The purpose of the allowance [3:30]
 	The problem with “GIFT” money [5:19]
 	How much should the allowance be [9:55]
 	Intro to the 3G System [11:55]
 	The Buckets Break Down [14:40]
 	The Grow Bucket [17:57]
 	The GET Bucket [20:25]
 	The importance of allowing children to spend money [21:20]
 	The Recap [26:00]

Show Links & Mentions:

 	Show notes: https://yourmoneyright.com/90

Intro To 3g & How We Teach Our Kids To Manage Money For True Wealth

It's rare that I come across an adult who felt they got the financial education they needed as a child.  I think we can change that narrative... Today, in episode 89, we talk about kids and money.  What are the challenges they'll face with the rise of technology and the ease of making purchases?  Plus we cover the top 5 things every child 5 years old and older should know about money! If you have kids or influence them in any way this is the show for you... Let's get it!

Every Child Over 5 Should Be Taught This About Money

We’re baaaaaaaaack!  It’s been long enough and and feels good to be back.  In the episode we discuss what the Misfits have been up to the last month or so and what to expect moving forward in this 7th season of The Get Your Money Right Podcast!

Welcome To Season 7

Like all seasons before it, this one, too, must come to an end.  In this finale episode, we recap the highlights, talk about what we got planned for the break, and exciting things to come for next season!

Season 6 Finale

One of the most polarizing debates in the personal finance world is the whole life vs term life insurance one. It also happens to be one of my favorite subjects to tackle because I like to crack open these types of controversies and show people just how silly they sound making their argument either.  So tune in as we shed some light and discuss this one in a way that only appropriate for misfits!

 
Check Back Soon For Updated Show Notes!

Whole Life VS Term Life Insurance

If your bank account is looking thin and you’re looking for a cure this disease then you want to hear about how to cure it.  In this 85th episode, we go over the 7 cures for a lean purse according The Richest Man In Babylon.  Enjoy!

The 7 Fixes For A Broke Bank Account From The Richest Man In Babylon

We wrap up Black History Month discussing “Black Fortunes: The Story of the First 6 African Americans Who Escaped Slavery and Became Millionaires” with author Shomari Wills. This is a great conversation full of insights and thoughts on the challenges these people faced and impacts they leave on our lives even until this day.

 
Episode 84 Timestamps:

 	Preview Of Interview [2:32]
 	Who Is Shomari Wills [4:10]
 	The Genius Of Uncle John Drew [8:58]
 	From Slave To Generational Hero - Meet Napoleon [11:20]
 	Mentoring Sherman Hensley & Patti Labelle!? [17:08]
 	The Process Of Creating A Book [20:25]
 	Book: Africa A Continent For The Taking By Howard French http://amzn.to/2F95Z20 [21:17]
 	The Nuts & Bolts For People Who Want To Write A Book [24:47]
 	The Creation Of Black Wealth... A Revolutionary Act [28:32]
 	Meet The Slick, Cunning, & Straight Black Wig-Wearing Jeremiah Hamilton [32:41]
 	Mary Ellen Pleasant: Financier, Real Estate Mogul, Purveyor Of Gold Digging Needs [37:50]
 	O.W. Gurley And The Genesis Of Black Wall Street [41:53]
 	The Misconception Of Madam CJ Walker & Annie Malone [44:58]
 	Shomari Wills On Money Lessons Learned From The Stories Of The First Black Millionaires [51:39]
 	How To Leave A Legacy Without A Will [56:31]
 	What’s Next For “SHO”? [1:00:51]

Show Links & Mentions:

 	Show notes: https://yourmoneyright.com/84
 	Book: Black Fortunes, The Story of the First 6 African Americans Who Escaped Slavery and Became Millionaires by Shomari Wills http://amzn.to/2CJRuNb
 	Howard French taught Shomari everything he knows about book writing
 	Samuel Freedman who helped with proposal for Black Fortunes
 	Gloria Loomis: Literary Agent
 	Tracy Sherrod: Editorial Director
 	Book: Africa A Continent For The Taking By Howard French http://amzn.to/2F95Z20
 	Shomari “Sho” Wills on Twitter
 	Shomari “Sho” Wills on Instagram

 
Please leave a comment below!

Black History Month: Phenomenal Stories of America’s First Black Millionaires with Author Shomari Wills

Black History Month: Dr. Claud Anderson on the Financial Plight of Black Folks, Reparations, & Powernomics

We continue Black History Month with an interesting look at stories of former slaves that were able to buy their own freedom.  Then of course we relate it today and draw the parallels on how we can and should be working to purchase our own freedom now!
In this 38 minute episode:

 	Black History Month [2:52]
 	Personal disclaimer about slavery [4:03]
 	Stories of Freedom Buying Slaves [6:30]
 	How slaves earned money in the first place [9:44]
 	Non-black slaves? [12:23]
 	Cincinnati an Ex-Slave Haven [14:55]
 	Too many black folk makes a country nervous [15:33]
 	The difference between who thought they could and those that didn’t [17:41]
 	All jobs are temporary [19:18]
 	Criteria for a good financial plan [20:41]
 	The coming recession [21:31]
 	Comfortably Uncomfortable [23:24]
 	Poor folks, big screens, & Jordans’ [24:02]
 	It could all be for nothing [25:31]

Show Links:

 	Show notes: https://yourmoneyright.com/82
 	Buying One's Freedom, Emancipation of Enslaved African Americans, African American Identity: Vol. I, 1500-1865, Primary Resources in U.S. History and Literature, Toolbox Library, National Humanities Center
 	Django Unchained - Wikipedia

Please leave a comment below!

Black History Month: Interesting Stories of How Slaves Purchased Their Freedom and Why You Should Too!

We kick off Black History Month with a candid discussion about the difference between being at fault and being responsible.  This episode was inspired by a video post from Will Smith and you'll be able to his is exact words here.

 
In this 22 minute episode:

 	Will Smith in his own words [3:38]
 	What happens in victim mode [4:59]
 	Breaking down the word RESPONSIBILITY [7:34]
 	Looking at the Great Black History Leaders [9:13]
 	Here's the difference [12:20]
 	We have the ability to choose [15:09]
 	One of my greatest lessons [17:37]

Links mentioned:

 	Show notes found at https://yourmoneyright.com/81
 	The Money Misfits Facebook Group

 

 

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