Welcome back to the Minority Money Podcast! I'm your host, Emlen Miles-Mattingly, and it's been an incredible four-year journey. We've reached listeners worldwide, and I want to express my heartfelt gratitude for your support. Recently, I took the opportunity to revisit our very first episode, and it struck me how much has changed since then. Reflecting on the growth and transformations that have occurred, both personally and professionally, I am overwhelmed with gratitude. Throughout the years,...
Jun 12, 2023•10 min•Ep. 185
We often get caught up in the idea of making big purchases without fully considering the costs associated with them. In this episode we will explore the difference between price and cost through a conversation with my 15-year-old daughter about buying a car. While my daughter was focused on the price of the car and how to pay for it, I wanted to highlight the additional costs associated with owning a car, such as insurance, maintenance, and the cost of time spent away from other important activi...
Apr 10, 2023•11 min•Ep. 184
What financial advice would you give to your younger self or your children? In this episode, I’ll discuss principles for teaching young people about money. These include paying oneself first, not spending more than one makes, investing early and frequently, never stop learning, and managing debt effectively. It is very important to have open conversations with family members about money and building a healthy relationship with it. Build healthy financial habits and ensure that future generations...
Apr 03, 2023•14 min•Ep. 183
As we near the end of the year's first quarter, let’s reflect on the goals we have accomplished and those we still aim to achieve. In this episode, we’ll talk about removing obstacles and distractions in our lives that prevent us from reaching our financial goals. We will also explore the concept of body budgeting and how it ties into the brain's function in the body's ability to budget. Plus, don't forget to sign up for our six-month Spring Cleaning Your Finances Boot Camp Program with group co...
Mar 27, 2023•15 min•Ep. 182
Spring has arrived, and it's time to freshen up more than just your home! Why not give your finances a much-needed clean-up? Join me in this episode as we dive into the benefits of spring cleaning your finances and discover how Gen X Wealth's Jumpstart Your Finances Bootcamp can help you reach your financial goals. Let's make this season the start of a new, financially savvy you! Key Points: [1:45] #1 Jumpstart Your Finances Bootcamp by Gen X Wealth [2:14] #2 Key areas covered in Gen X Wealth's ...
Mar 20, 2023•16 min•Ep. 181
Businesses beware: The collapse of Silicon Valley Bank sends a stark reminder of the impact a bank failure can have. In this episode, we explore the far-reaching consequences of the bank run that caused its downfall and the importance of FDIC insurance for both individuals and businesses. Listen to learn more about the impact of Silicon Valley Bank's collapse on businesses and the importance of FDIC insurance for depositors. Key Points: [1:16] #1 The collapse of Silicon Valley Bank [3:15] #2 Wha...
Mar 14, 2023•10 min•Ep. 180
The power of insurance should never be underestimated. But how about we dig deeper into what insurances do and realign them with your financial goals? Today’s episode is about Indexed Universal Life insurance. We talk about how it can be a good investment while serving as your life insurance. We’ll also discuss how to understand policies so you can strategize investing for it. We’ll also debunk insurance misconceptions so you can utilize it according to your financial intentions and outcomes. Ma...
Mar 08, 2023•18 min•Ep. 179
We are already in the final days of Black History Month! As we set our goals, we cannot help but strive for wealth. But how about we recalibrate them and aim for your well-being? Today’s episode is about setting your goals. We talk about how focusing on the things that speak longevity and genuine happiness as your goal brings you flexibility, clearer perspectives, and better relationships with the people around you. Make your goal specifically yours. Reclaim your power to strive for life. Tune i...
Feb 27, 2023•12 min•Ep. 178
If you've ever missed out on a big sale in the stock market because of fear or uncertainty, you're not alone. But don't let that fear keep you from taking advantage of potential gains. In this episode, we'll introduce the concept of dollar-cost averaging (DCA) - a practical investment method for those just starting. DCA allows you to control the frequency of your investments and can help reduce your overall risk. This strategy can also be used in your retirement accounts, where a portion of your...
Feb 20, 2023•10 min•Ep. 177
Ensure your love lasts a lifetime. Plan your estate to secure your loved one's future and bring them peace of mind. In this episode, I will discuss the importance of estate planning and share a personal experience to highlight its benefits. I will also cover the documents that go into an estate plan, such as wills, trusts, and medical health care directives. Estate planning will help you distribute your assets, and medical health care directives can ensure that one's wishes are respected in case...
Feb 13, 2023•16 min•Ep. 176
Have you ever experienced being so good at something and then suddenly just stopped doing it? Like having the discipline for months to save money, but totally lose it on a random day at a shopping center. In today’s episode, I discuss the three magic questions that can help you discern what you need to give your time, energy, and focus on. You can only see results when you learn how to say no to things that rob you of your resources, when you start doing things you should be doing, and if do som...
Feb 06, 2023•14 min•Ep. 175
We are at the end of the first month of the year! It’s safe to say that everyone is enthusiastic about meeting the beginning of the year. Everyone has their New Year’s resolution, commitment, and/or goal. Everything was planned out, yet things get in the way; life happens. Today’s episode is about being okay when you do not reach your goals and what to do instead. When you don’t lose the weight that you want to, that’s okay. If you didn’t meet the saving goals you set for the month, that’s okay!...
Jan 30, 2023•10 min•Ep. 174
Financial anxiety is one of the common issues among adults worldwide. Everybody worries about money from time to time, but financial anxiety is different. It can be a product of trauma and a serious mental health issue that you should resolve as soon as possible. In this episode, we will talk about these key points that will help you understand the cause and how to deal with financial anxiety: Signs of Financial Anxiety How Financial Anxiety Affects You How To Handle Financial Anxiety How To Ove...
Jan 23, 2023•15 min•Ep. 173
Partnering with a financial advisor can help you develop confidence and commitment to achieving your financial goals. But, when and why do you need a financial advisor? In this episode, I will talk about four things that a financial advisor can bring value to you: Behavioral side of the financial advisor Customized client experience Tax Rebalancing if you're investing Tune in now as I discuss what things could help you build your net worth! Highlights and Resources: Behavioral Financial Coaching...
Jan 17, 2023•18 min•Ep. 172
In a person’s working life, retirement planning is a must. You are never too young or too old to get started with it. It’s an important part of life as you grow older. After all, who would want to work at a very old age? Today we’re going to answer a few simple questions like "What should I do with my retirement account?”, “What retirement account suits my needs and income?”, “How much money should I put in my retirement account?” Hop in now, as I answer all of your questions, so you can get sta...
Jan 09, 2023•15 min•Ep. 171
Stop writing your new year’s resolution, it’s time to stay committed to accumulating your wealth this 2023. Today’s episode is about how to continue to grow wealth and how to stay on track with your goals. Set your goals right, don’t list more than three goals because you will only lose focus of what you really want to do. 2023 is not the year for excuses. Don’t be afraid to invest this 2023! Listen now! No excuses! Any excuse for non performance however valid softens the character. It's a sedat...
Jan 03, 2023•14 min•Ep. 170
We are back on the podcast after a short break with a mash-up of some of the best moments from 2022! 2022 has been an amazing year! As always, we've continued to highlight fellow minorities who are making waves in the financial planning space, shared their stories and tactics on how you can create generational wealth for your family. We also highlighted stories from strong independent women and the LGBTQ community. Get ready, as 2023 will only get better! Enjoy! Episode Highlights: Behavioral Fi...
Dec 26, 2022•22 min•Ep. 169
There comes a season in life where you’ve planned everything out and your course seems to be going in a straight line and suddenly, everything goes wayward. Challenges begin to pile up and you don’t know which one to deal with first. When all the doors are being shut, it might be a sign for you to take an alternate course. Today we are joined by Shana Sissel, Founder, President, & CEO of Banríon Capital Management, the Queen of Alternatives, Mrs. Illinois Intl 2020, and Co-Host of The Black ...
Oct 03, 2022•44 min•Ep. 168
We’re about to enter the 4th quarter of 2022! How have you been doing so far? We have curated some of the episode highlights from the earlier part of the year. These episodes are foundational in planning and building towards a life of wealth for you and your family. Take a look back on these episodes and let’s finish the year strong! Enjoy this episode! Links to the full episodes and show notes: Life Planning: Looking Beyond Finances with George Kinder https://minority-money.captivate.fm/episode...
Sep 19, 2022•26 min•Ep. 166
It doesn't matter how old you are, if you want to make a change and uplevel your skills, you can do it! Tamara White Hutchinson is a public relations and communications practitioner of more than 20 years and recently began the process of transitioning into the financial industry, with her money coaching company, The Cash Class. Tamara and I talk about how anyone can successfully change careers in their 40’s. She also shares the change she went through when she started suddenly making six figures...
Sep 12, 2022•46 min•Ep. 165
For the first time ever, we have a global pandemic that shut the world down. This fueled the annual economic inflation rate in the US to slow down more than expected. Being on the receiving end of all these circumstances, how will you cope? In this episode, I'll be joined by my wife Maricela Miles-Mattingly, as we celebrate our fifth wedding anniversary. Aside from economic inflation, we'll also talk about student loans, the economy, and banking updates. People want to be more secure at any give...
Sep 05, 2022•25 min•Ep. 164
So much has been said about equality of representation and its influence, not just within the financial technology industry, but the society as a whole. However, looking at statistics, reality clearly does not complement expectation. In this episode, journalist Nicole Casperson, discusses her role as the founder of WTFintech in calling out clear inequities in the finance industry and the media. As a woman who had been faced with a representational dilemma, Nicole continuously voices out her stor...
Aug 29, 2022•40 min•Ep. 163
As children, we’ve seen our parents struggle financially and become chained to debt. Fast-forward to the present, we’ve grown into people who desire the opposite; to become financially stable and independent. My guest for today was able to do exactly just that! I am joined by Real Estate Investor and Financial Independence Coach, Antoinette Munroe. At just 36 years old, she was able to achieve her retirement goal! In this episode, Antoinette shares her journey of pursuit towards financial indepe...
Aug 22, 2022•29 min•Ep. 162
From account executive to radio intern to furniture and limousine dealer, Carlese Laurent believed his resume was akin to a Rolodex. Refocusing however on his top two interests - numbers and people - he finally found fulfillment and mission in helping people own their homes. Carlese Laurent joins us today to share his ragged path of paving for the life he always dreamed of. He also teaches us on how mortgage loans work and gives some advice on owning your own homes. On top of dealing with people...
Aug 15, 2022•29 min•Ep. 161
The hard work we put in today are all for the same dream that one day, our children, the next generation, will live a life far better off than where we stand today. In order to get to that future vision, we have to focus on our present direction. In this episode I am joined by Angel Investor and General Partner of High Street Equity Partners, Mitch Brooks. We will talk about closing the equity gap and building family wealth for the future generations. Mitch shares detailed steps on how you can c...
Aug 08, 2022•38 min•Ep. 160
What is your Why? In school, we are taught that math is all about numbers. Would you believe that it's also about love? In this episode, Carl Richards, certified financial planner and author of The Behavior Gap, talks about Real Financial Planning. It’s not just about math but also about emotions. Figuring out your emotional problems and life direction is the solution to your financial problems. Carl talks about how getting to the root of what you truly love and want to do in life, sets the dire...
Aug 01, 2022•48 min•Ep. 159
Adult entertainment is one of the oldest industries in history. Whether we recognize it as a part of society or not, it exists, and so do the sex workers who earn income through this. Being in this profession raises stigma, discrimination, and disrespect. And this is why there are very few who cater to their financial planning needs. In this episode, we go back to California and its stigmatized ecosystem, with Lindsey Swanson who made it her mission to create an incredible financial support syst...
Jul 25, 2022•35 min•Ep. 158
Welcome back to another episode of the Minority Money Podcast! There comes a time in everyone’s lives when you need to make a choice so huge that it can change how your life goes. In the case of my guest today, Anthony J. Zhang, it was the decision between being a full-time student, or dropping out and becoming an entrepreneur backed up by a VC. When Anthony set out on his financial journey, he had to think with the end in mind and really plan out the kind of lifestyle he wanted– because he used...
Jul 18, 2022•27 min•Ep. 157
Welcome back to another episode of the Minority Money Podcast! Usually, it’d just be me and another guest– but for today, we’ll be having a “We Need to Talk” episode where we air out and talk about building generational wealth for all families. In a country where the color of your skin has a say in how you achieve wealth and stability, this topic is meant to address the great divide and inequalities in both our societies and institutions. While the fight to make financial education more accessib...
Jul 11, 2022•49 min•Ep. 156
Just as we’re celebrating our independence as a nation– maybe it’s also time for you to consider becoming an independent financial advisor! As we progress in the industry, there’s always going to be a part of us that wants independence in some way, shape, or form to create our own individual journeys. In this episode, long-time recurring guest Dasarte and I talk about how you can achieve this independence, and you need to avoid making the same common mistakes among all financial advisors. Find y...
Jul 04, 2022•33 min•Ep. 155
