Investing, Retirement and Winning the Money Game

Cami and Meli are joined by financial advisor Laurie Stefanowicz to talk about the best ways to manage our money! Laurie gives us tips to start investing, ways to maximize our retirement plan and reveals the secret of the 30-second snapshot. The ladies also discuss the importance of learning financial literacy, especially in the Latino community, and the small steps we can take right now to make sure our money is working for us.

Got a question for Laurie? You can reach her here.

See omnystudio.com/listener for privacy information.

Episode Transcript

Speaker 1 (00:15):
What is up everyone.

Speaker 2 (00:16):
I'm Lis Orties, I'm Kamila Ramon.

Speaker 3 (00:19):
And this is Asta Ajo and I am so excited
for today's episode, Kamila honestly, because we're gonna be talking
about money the nettle.

Speaker 2 (00:28):
And I love getting back in.

Speaker 1 (00:33):
I love to spend, and that's the good thing to love.

Speaker 3 (00:38):
I know my husband's already been telling me I'm ordering
too much stuff on Amazon, but that's for another day.
We are excited because today we're gonna be talking to
Laurie Stefano Wicks, who is, Honestly, I'm going.

Speaker 1 (00:49):
To be very transparent. She is my financial advisor.

Speaker 3 (00:52):
I met her a few years ago at a women's
sports event and I never had worked with a financial
advisor before. And as soon as I started working with her,
it's on a game changer, game changer, such a big
game changer. It opened my eyes and it showed me
the importance of investing, not only just that of like
using your money right, budgeting all the things from A

(01:13):
to Z that yes, we've been doing as responsible girlies,
but at the same time, maybe not in the best
way to I don't know, get the most out of
what you're making.

Speaker 1 (01:24):
So I'm super excited.

Speaker 4 (01:26):
I'm so excited to step into this conversation girl, you
know I need it.

Speaker 2 (01:29):
But first off, you know, it's goffecitos time. What are
you drinking?

Speaker 3 (01:32):
CAFEO? I'm drinking a lovely cup of coffee. This one
is a Geisha not to be like a bougie coffee,
but but like, uh, it's like a really top quality coffee.

Speaker 1 (01:44):
Ome.

Speaker 3 (01:45):
Yeah, we literally just splurged on this at a coffee
shop the other day and it's been chef's kiss.

Speaker 2 (01:50):
I need to try that. I have electrolytes in hand
because I'm recovering from food poisoning. So oh pedia like
in some water. Thanks chef so much. Chef's kiss, pedial light. Absolutely.

Speaker 3 (02:05):
How about you, Laurie, who we're about to introduce. But Lauri,
real quick before we introduce you, what are you drinking.

Speaker 5 (02:11):
A little eletrolytes as well?

Speaker 1 (02:13):
Really?

Speaker 2 (02:14):
Okay? I love that for us?

Speaker 5 (02:17):
I gred girls.

Speaker 3 (02:20):
Well, guys, today's guest who she's also drinking electrolytes. Her
name is Laurie Stefano Wicks, and she is an investment
advisor and wealth manager AKA. She also helps me with
my finances. Just a few years ago, I was like,
what do I do with my money? There's a lot
of gray area in the money conversations, and especially I

(02:43):
think as latinas as well, which we're about to get into.
But we wanted to welcome Laurie to Asta because we
got to talk money today. We got to talk money.

Speaker 2 (02:54):
Yes, welcome Laurie.

Speaker 5 (02:55):
Hi, thank you so much for having me, of course.

Speaker 4 (02:58):
And I do have to say that Mai like, uh
connected Laurie and I a couple of months back, and
then I was like traveling so much.

Speaker 2 (03:05):
I literally sent her out an apology email last night.
I was like, I love you. I'm so sorry. It's
not you, it's me. Like, let's reconnect.

Speaker 4 (03:12):
And I'm really excited because Laurie and I are also
going to connect, that she's gonna start supporting me a
little bit and helping me in this conversation that we're
about to have.

Speaker 6 (03:21):
Of course, I'm happy to And if I ever got
offended for people that like ghost me on emails, then
I wouldn't be working.

Speaker 5 (03:28):
So don't worry about it.

Speaker 1 (03:31):
Oh that's true.

Speaker 4 (03:32):
Well, how does an investment advisor start the day? Like,
how what's time do you wake up? Are you an
early riser?

Speaker 6 (03:38):
I'm not really an early riser, so I'm a little
different because you know, I've been working mom for my daughter.

Speaker 5 (03:46):
Actually is eighteen today.

Speaker 1 (03:49):
Happy birthday.

Speaker 2 (03:50):
Happy birthday.

Speaker 5 (03:52):
I honestly cannot believe it, but it's her.

Speaker 2 (03:59):
Birthday.

Speaker 6 (03:59):
Is also so synonymous with when I kind of started
being an investment advisor, so it all kind of goes together.

Speaker 5 (04:05):
So it's kind of nice to celebrate that.

Speaker 6 (04:07):
But so as a working mom, always trying to balance everything,
which sometimes have good days and sometimes I have that.
So my morning has always been.

Speaker 5 (04:18):
Just about getting the kids, getting the kids out the door,
and that's really my focus.

Speaker 6 (04:23):
So I wake up like as soon as they wake up,
and then if they're sleeping, I'm sleeping. And I've really
never gotten out of that habit eighteen years later, and
so yeah, I get up with them, get them out
the door, and then head to the office. That's always
been my routine over the years.

Speaker 4 (04:39):
Nice, I want to touch base a little bit on
your career. You had a major career pivot. Can you
expand a little bit on what that transition was like
for you, Like what led you to now become a
financial advisor.

Speaker 6 (04:51):
Sure, Yeah, I've had a couple different career pivots along
the way. So I was a former soccer player.

Speaker 5 (04:58):
Let's go yea, and I that kind of just gradually
took me into the sports world, into sports marketing, working
for agencies and things like that.

Speaker 6 (05:09):
I always thought when I was leaving college that I
was going to go into finance, but I didn't because
I got su sidetracked.

Speaker 5 (05:16):
But then I started right before I had my first daughter.

Speaker 6 (05:22):
I was like, had this desire and met my former
partner to kind of get into the financial world. And
so that was about eighteen plus years ago. And then
I was with that firm for a really long time.
We sold it and I merged with another firm, and

(05:43):
then just decided that I, you know, wasn't so happy
getting up for work every single day, and I needed
to make some life changes and career changes and stuff.
And so it worked all out for at the right time.

Speaker 4 (05:58):
You know.

Speaker 5 (05:58):
My daughter at the.

Speaker 6 (05:59):
Time was sophomore going to junior year. Spent a lot
of time on the recruiting trail, and then I was like,
what am I going to do with my life?

Speaker 5 (06:08):
And my husband was like, you loved your job, you
just wanted something a little different. And I was like,
you know what, You're right.

Speaker 6 (06:14):
I really loved working with people helping people, and so
I just started a new firm. It's called B Side Partners,
and we also specialize working with athletes, which is super
fun because I kind of brought my two worlds together
and it's very hands on. So we talk about a

(06:34):
lot about just investing now too, But your financial picture
is about like estate planning, it's about insurance, it's about taxes, and.

Speaker 5 (06:43):
I really feel they all go together.

Speaker 6 (06:46):
But sometimes that's really overwhelming to make sure that this
professional is talking to this professional, or you're all doing
the right thing. So we really take on that role
to make sure that all of those different categories are
working together, whether that's managing your professionals or helping you

(07:07):
to manage all of.

Speaker 5 (07:08):
Those different facets of your financial picture.

Speaker 6 (07:11):
So it's not just about investment, it's about all the
other things that go into it.

Speaker 4 (07:16):
So you're an icon. And I also, like, I remember
when I first had a conversation with you. You we
talked about the importance of like how important it was
for you to particularly be working with women and athletes.

Speaker 2 (07:30):
Can you expand on that a little bit more?

Speaker 5 (07:33):
Sure?

Speaker 6 (07:33):
I mean It's one of those things we can rattle
off all the statistics about you know, women obviously making
more money and taking over inheriting a lot of money
over the next couple of years, that we're getting promotions
that we finally deserve and making more right in heads
of our family. And like I said, I think it's

(07:54):
just been the nature of this business that women are overlooked.
You know, you say it down if you're sitting with
a couple, it's like everyone always directs all of the
questions and everything.

Speaker 5 (08:05):
To the man.

Speaker 6 (08:05):
Not always, but generally there's less women in this field.
There's less financial advisors out there. So now it's just
I feel that there's a real opportunity to help educate women,
to empower women to kind of take control of their finances,
be the leaders that they.

Speaker 5 (08:22):
Are, be role models for.

Speaker 6 (08:24):
Their families, for their children. And I think it just
really stems from the education part. It's not the knowledge,
because like I said, women know more than they want
they want to admit or they have the confidence to admit.
So it's just bringing that out of them. And I
love being a partner in that. And I think it's
also you know, as an athlete, as a former athlete

(08:47):
and working with athletes, we all get the concept of
creating goals right and what to do to achieve them.

Speaker 5 (08:53):
So it's very trent.

Speaker 6 (08:55):
You can bring it back to that world and that
feeling of setting some goals and what even do to
achieve them, and it's really empowering.

Speaker 2 (09:02):
Gary and Icon for that.

Speaker 4 (09:04):
First off, thank you so much, And I do have
to second that because I think when I first got
on the phone with you, I was like, I know nothing,
talk to me like a baby.

Speaker 2 (09:13):
And then she was like, oh, why are you doing this?

Speaker 4 (09:15):
And I was like I think so yeah. She's like
do you know about this? And I'm like yeah, She's
like do you know about that? And I'm like yeah,
and I'm like, well, I guess I know more than
I think I know. And also I like to I
don't know why I do this, but whenever people we
talk about like finances or whatever, like I.

Speaker 2 (09:28):
Like to talk myself down. Maybe it's just because I'm
like scared that people.

Speaker 4 (09:32):
Might think that I think that I know too much
or like that I know something, and then they ask
me a question and I don't know the answer, and
then I like embarrass myself, right, but I'm going to
get over that this year.

Speaker 5 (09:42):
Well it is, and I would i'd be lying to
say that. I think sometimes people sit down and use
a whole bunch of big words just to make us
feel like we don't know what we're talking about. So
do our part. Educate yourself as much as you can.

Speaker 6 (09:54):
There's books like we talked about, there's books, there's podcasts,
there's resources on the internet. Find out just very basics,
have an understanding of like what are types of investments?

Speaker 5 (10:04):
What are investment accounts? Like one oh one? And then again,
empower yourself.

Speaker 6 (10:09):
Have those conversations with your friends, with your peers, and
the more you talk about it, the more comfortable you.

Speaker 7 (10:13):
Okay, if you guys are listening, we're gonna today Laurie's
gonna teach us how to get our money right, or
at least give us some advice on what it is
that we need to focus on in our finances.

Speaker 2 (10:31):
And I'm gonna be listening with my ears perked, nice.

Speaker 4 (10:35):
And open, because I need to listen and take action
in my life.

Speaker 2 (10:42):
However, I did start maxing out my four oh one
K Laurie.

Speaker 5 (10:45):
Nice, that's awesome.

Speaker 2 (10:48):
Got doing so much and I do have a high
yield savings account?

Speaker 5 (10:52):
Great?

Speaker 2 (10:53):
Great, thank you so much.

Speaker 4 (10:59):
At her All right, Laurie, So let's dive right into it.
We want to know, like what are the steps that
we need to have in mind, or what are the
things that we need to be focusing on to set
ourselves up for financial freedom in the future and set
ourselves up for the rest of our lives so we're
not struggling later on.

Speaker 6 (11:18):
Sure, So I don't have like a top ten list
or you know, a top five list for that matter.

Speaker 5 (11:24):
But here's a couple couple tips. I want to say. First,
only worry.

Speaker 6 (11:30):
About yourself, like you cannot compare yourself to anybody else.
So when when you talk about like goals or aspirations
or things like that, just always think in mind of
yourself and what you want, not about what your friends
or your family or anything. It's very like when you
talk about finances, it is very specific to your needs.

(11:52):
So that's first and foremost. And then two, it's just
getting organized. I think that is what we tend to
do is make this more complex than it needs to be.
So just like getting organized is very key. And then
the third thing, this is four things that I tell
everybody that they should know. And it's these four things.

(12:15):
What do you own, what do you earn, what do
you owe? And what do you spend? And if you
can have a handle of that?

Speaker 4 (12:23):
Way too much on Instagram ads, Yeah, that's what I'd
be spending on.

Speaker 1 (12:29):
Or TikTok the other day, talk shop the other day.

Speaker 3 (12:33):
I got the other day. I went to come to
this house. She's like, wait, I got to get my packages.
She picks us her package. She's like, yep, I got
this off a TikTok ad. I got this package off
a TikTok ad.

Speaker 2 (12:41):
Yes. The one second me are like, they're like families
that need help.

Speaker 4 (12:47):
And then they're like selling, you know, air freshener. So
I'm like, yeah, of course I'm going to buy that.

Speaker 2 (12:50):
I don't know if they're telling you the truth, but
I always buy it anyway, all right.

Speaker 5 (12:55):
Limit how many air fresheners.

Speaker 1 (12:56):
Yes, she's like a human beings.

Speaker 2 (12:59):
Yeah, this is like another air freshener.

Speaker 5 (13:01):
I was like, oh my god.

Speaker 6 (13:05):
But I'll say those things again, okay, because it's really
important people write.

Speaker 2 (13:08):
Them, drill them into our brain.

Speaker 4 (13:10):
Yeah, get your little pencils out, Get your pencils your pens,
your phone notes, Okay you ready.

Speaker 6 (13:17):
Okay, okay, four things what you own, what you earn,
what you owe, and what you spend.

Speaker 5 (13:26):
And I'll tell you this. Everybody at the spend part
just as like, all right, thank you very much, We'll
never talk again.

Speaker 6 (13:33):
So it's the hardest thing for people to that fourth
category is what you spent.

Speaker 5 (13:38):
So but she it's called your thirty second snoutshot. Know
those four figures?

Speaker 2 (13:44):
Okay? Perfect.

Speaker 4 (13:46):
Let's say, for example, like I am a girly pop
that wants to set herself up for the later parts
in her life. So like I want to I'm like
I want to invest more in stock, i want to
potentially like buy a home.

Speaker 2 (14:02):
I want to make sure that I'm set up for retirement.

Speaker 4 (14:05):
What are steps that you normally take or like questions
that you start to ask people as you start having
those conversations.

Speaker 6 (14:13):
So the number one rule in order to do all
that is like spend less than you make, simple as that.
And then if you have money left over, then you
figure out where you can put it. And that all
has to do with your goals. So for example, like
you're just starting out in a job, or you just
got married, Let's say, and you want to buy a house,

(14:36):
so you're going to need that money sooner than later.
So that's like a short term investment goal, so that
determines on where you put that money. But if you
talk about retirement, that's a long time goal. So again
it depends where you put that money and then how
you invest it. So first and foremost, spend less than
you make. And then when you have that money left over,

(14:58):
let's think about your immediate goal, your longer term goals,
and we figure out how and where to invest that money.

Speaker 5 (15:05):
Does that make sense?

Speaker 3 (15:06):
Yeah, Now when it comes to like those four rules
that you mentioned, which I already failed because I'm going
to try to repeat them, Oh my god, it's like what, oh.

Speaker 6 (15:17):
Thirty second snapshot own own earn earn, oh.

Speaker 1 (15:22):
Oh spend spend Okay, great job, thank you. I gotta see.

Speaker 3 (15:26):
I think I gotta see when you are going over
like your thirty second snapshot. Obviously you need to budget.
So when I just want to step back a second,
like looking at like step one of how to set
yourself up for financial success, And it's exactly that, like
creating a budget, and I'm talking about from when we're younger,

(15:49):
like sixteen years old or whatever. We have our first
shop to even this day and age, like, and we
need to set a budget.

Speaker 1 (15:55):
What is the best practice in doing so?

Speaker 3 (15:58):
You know, there's people that love the apps that are
available these days. In these day and age, there's Excel
sheets that you could do. So, like, what would be
your advice in terms of setting up a proper budget
so that way you could set yourself up for success
for when you have enough money to invest in things?

Speaker 5 (16:14):
Yeah? Sure.

Speaker 6 (16:15):
So what I say to people is like, whatever works
for you, because it's like you just said, some people
like the apps, some people like good excel so heat,
some people just like to write it down in like notebook.
So you figure out what is best for you and
that will help you be compliant.

Speaker 5 (16:30):
Right, There's a lot.

Speaker 6 (16:31):
Of different rules of thumb, like once you have your paycheck,
you know, this percentage should go to your housing, and
this percentage goes to groceries, and this is your you know,
you can again, I try not to stay so strict
that because we all live in different parts of the

(16:51):
country and the world and the states and costs.

Speaker 2 (16:54):
How much people are spending on housing in New York
is very different from other.

Speaker 5 (16:58):
Places exactly exactly, so.

Speaker 6 (17:02):
You know, write it down, figure out what your your
needs are, what your basics, right, like housing, food, your
staple items that you can't live without, utilities, gas, like
things like that, and then put it into categories.

Speaker 5 (17:17):
So those are your necessities, your needs.

Speaker 6 (17:19):
And then there's a category of wants, right, and that's
called like also discretionary spending, so things like clothing, going
out to restaurants.

Speaker 1 (17:28):
He is a rough one for.

Speaker 6 (17:30):
Delivery, delivery, Instagram, Instagram, you can put Instagram in there. Ins. Yeah,
So divide into those two categories, you know, needs and wants,
and then usually it's the wants that we look at
that maybe we can trim back to kind of help

(17:52):
us reach those goals.

Speaker 1 (17:54):
So what do you use for us?

Speaker 8 (17:57):
I use.

Speaker 6 (18:00):
I've used apps in the past, and for me, I'm
probably a good old fashioned spreadsheet. And realistically, I don't
categorize things a spending like line.

Speaker 5 (18:15):
Item by line item. I know, like how much can
I spend per month and how much can I save
per month? And then whatever I can spend like I do,
I don't keep track of it, you know, each little thing.

Speaker 6 (18:31):
So that's just what works for me. I'm making sure
that I'm saving and then whatever's left over.

Speaker 5 (18:37):
That's what I spend. So I also am.

Speaker 6 (18:40):
Very positive of people are in different places in their
life right, Like I say, I'm in the grind, Like
I have kids, they're going to college there. You know,
it just feels like money's going out faster than.

Speaker 5 (18:51):
It's coming in.

Speaker 6 (18:52):
And everybody's at a different place in their life, and
so it's important to recognize.

Speaker 7 (18:57):
That and.

Speaker 6 (18:59):
Not be so hard on yourself and meet your goals
and needs during those times.

Speaker 4 (19:04):
I like the flexibility that you offer because everyone's different,
So like offering like a certain percentage of like just
sitting here and being like this percentage of your salary
should be going to this, and this percentage of your
salary should be going to this. Like it's tough because
you don't know where people are in the world or
what their family looks like. So it's kind of like
a one, one on one assessment, right that you more.

Speaker 3 (19:26):
So do.

Speaker 2 (19:29):
I guess right now, if we're looking at like.

Speaker 4 (19:35):
The word around town and the economic landscape, right, I
feel like there's a lot of people who are hesitant
to invest on certain things by homes, high interest rate,
economic potential instability.

Speaker 2 (19:50):
People are all talking about recession indicators. There's like means
everywhere that we're going to go into a recession.

Speaker 4 (19:54):
Like, how would you describe them investing landscape right now
considering all the economic uncertainty.

Speaker 5 (20:01):
Well, there's a ton, But if it's interesting. For many years,
I've been using the word that or using the words
there's so much uncertainty going on in the market and
the world and things, and then it says.

Speaker 6 (20:12):
To then we say, just be cautiously optimistic, right because
you have to. So the market has done well for
many years despite all of this like chaos that's going
on in the world as well.

Speaker 5 (20:27):
So all I can.

Speaker 6 (20:29):
Say from that is then none of us have like
a crystal ball. No one understands exactly what this market's
going to do on a daily, on a monthly, on
an annual basis.

Speaker 5 (20:40):
So you can't time it perfectly. You definitely can be educated.

Speaker 6 (20:44):
Around some of the choices that you make, like you
mentioned buying a home and things like that, But we
can't predict the future. All we know is that if
you from an investment standpoint and the market, if you
start out early.

Speaker 5 (21:01):
And you invest, there's going to be peaks and valleys.

Speaker 6 (21:03):
Right, the market doesn't go straight up, so get in
early and just you're saving for a long term. Now
it goes back to though, if you want to buy
a house, like, don't put that money in the stock
market right now, right, Maybe you keep that in like
you mentioned high yeal savings account or something. You keep
it in short terms so you know the money's there
and you take on like less risk and you know,

(21:26):
so that's why you have to understand what you're kind
of investing in.

Speaker 3 (21:37):
Florie and I met a few years ago, and her
first question to me like, well, first off is like,
are you working with the financial advisor? And I was
like no, I'm actually not, Like I'm literally just doing
the practices that perhaps my parents had taught me, which
I think is really common not just in our culture,

(21:57):
but like in many cultures, which is just like kind
of what you said, Laura, I get like, I kill
so you have to save, you know, like spend less
than what you make obviously, and try to say for
let's say, like a house and stuff like that. And
so then we get in a call and I'm like, Okay,
I don't know what to expect, And guys like it's

(22:17):
almost like I'm being super vulnerable right now because it's
I don't know. In my opinion, sometimes maybe you feel
like self embarrassment because I'm already I was ready like
what thirty three, thirty four at the time, never had
worked with a financial advisor, not that you have to,
but at the same time, like I never had that
type of guidance when I've already been in the workforce
for I don't know, like ten years or less, because

(22:39):
I was playing soccer right making nothing. But that's another
story that we've talked about. So when Laurie and I
jumped on the call, she started asking me all these questions,
and Laurie, remember my face, I was like, I don't know.
It was even to the point where it was like, obviously,
like four oh one, K is a question to ask
about my employment.

Speaker 1 (22:59):
I don't like having a.

Speaker 3 (23:00):
High deal savings account, my investments. Yeah, I already had
some certain investments in the stock market and all of that,
but I wasn't so I don't know thoroughly knowledgeable about
not only my current portfolio, like what to do best
with my money, but also like looking ahead to the future,
even setting myself up for you know, hopefully success.

Speaker 1 (23:22):
In ten years and twenty years and thirty years, like
a retirement plan and all that stuff.

Speaker 3 (23:25):
And so that first call I was like, holy shit,
like like.

Speaker 1 (23:31):
I've never had this. Yeah, it was it was a lot,
but it was also really important.

Speaker 3 (23:35):
So this with where I want to go with this
is like you just mentioned before that your daughter is
turning eighteen today, So what are the tips that you're
telling your daughter at eighteen or maybe even before so
that she knows what's to do not only today, but
these next you know, this next decade.

Speaker 5 (23:55):
Really well, you said kind of one of them.

Speaker 6 (24:00):
I am very into kind of behavioral economics and that
we learned and these behaviors are ingrained when we are young, right,
And so I kind of really make sure that my
daughters see that their mom is working, that she's participating
in the finances, and that we have money discussions a lot,

(24:23):
and you tailor it towards kids' ages. But I have
given my kids there's a card called like a green
light when they're really little that puts money on it
for doing chores they get paid, they can invest that
green lights changed so much in the past couple of years.
But they've had them since probably fifth grade, to give

(24:44):
them kind of that responsibility of understanding how money comes
in and how quickly money goes out to a certain extent,
and the same thing now they you know, she's working,
she's collecting a paycheck, she's saving it, she has it
in her account, she's investing some money, and I kind
of just talk to her about what the difference is.

Speaker 5 (25:04):
And now that she's going off to college, her favorite
thing is.

Speaker 6 (25:08):
Like, you're cut off, you're on your own, you get
to do it. At least she thinks that way until
the first book Call Home. But it's really for her
to kind of budget her spending for the first time.
And I think that that's what this time is for
her to have that independence and being there to support her,

(25:28):
but really feeling empowered with her own money in the
next couple of years.

Speaker 3 (25:34):
So how about for like young parents whose children are
under eighteen, you know, who are maybe around ten years
old or whatever. They's just starting out on how to
help support their kids, not only showing them by example
like you have, but then also so that way they
are eighteen, they're in a bit more of a better
position economically to face the real world.

Speaker 6 (25:57):
Yeah, I think it's the simple things, starting off with
chores or like the money jar or allowance.

Speaker 5 (26:03):
Right, we don't necessarily do as much I loved.

Speaker 4 (26:06):
I loved like allowance for like getting paid for chores too.
I would save all my money and my brother would
spend all his money, so then I would be like,
I would go and I'd be like, I've bought my
myself a pair of shoes. And then my brother would
be like, why is she getting a pair of shoes,
And I'm like, well, because I saved my money and
you spent it on candy stupid.

Speaker 5 (26:26):
And that's great.

Speaker 6 (26:27):
That's a great lesson, right, there's a reward in saving.
We should reward ourselves for saving and stuff. So I
think it starts as young as that. You know, financial
literacy has been a big topic over the years. There
just isn't enough of it. You know, it's something that
there should be a course about it in school, you know,
starting younger. I know there is more now in the

(26:48):
collegiate level and even in high school and stuff like that,
but it's hard to find. It's not hard to find
financial literacy, but you got to look for it. And
so as much as we can to encourage that for
young kids and just do those simple little things as
young as ten years old or even younger. That helps

(27:10):
kind of create good patterns for them in the future.

Speaker 4 (27:14):
So aside from like the young kids too, maybe like
college students, right, like people who are just like starting out,
but they're like very much so on like a budget.

Speaker 2 (27:21):
What advice would you give them about like.

Speaker 6 (27:25):
Investing, Well, I wouldn't start investing until I had what
you call that rainy day fund, so six months of
your expenses already put aside.

Speaker 5 (27:37):
So that goes for anybody.

Speaker 6 (27:40):
So when you're first let's let's fast forward to lift
a little like after college, so you get your first job,
your first goal should be starting to save money for
that six months of expenses, your rainy day fund, right,
you don't want to be living paycheck to paycheck.

Speaker 5 (27:56):
And then once you have that, then you can talk
about investing.

Speaker 6 (28:01):
And if you're starting out, the first thing you should
be looking at is if your job offers a retirement
plan also known as a four oh one.

Speaker 5 (28:09):
K, and if they are max it out max it out.

Speaker 6 (28:12):
Yep, because in most cases employee they match yes, So
at the very minimum you want to put in they
what they match. But if you can max it out,
that is huge perfect.

Speaker 1 (28:27):
That's something that I learned because of Laurie. Like literally
last year.

Speaker 2 (28:32):
I always kind of knew it, and I was like,
I feel like I'm maxing it out. Maybe I'm not.
And then Laurie's like, you should ask, and I was
like okay.

Speaker 4 (28:38):
So then I did ask and they were like, no,
you're missing some So then I was like, okay, great,
Like let me like and I didn't know that you
could also put like very specific amounts, like very specific
amounts into towards your four oh one K, like you
can go in and like edit it yourself, so like.

Speaker 2 (28:55):
You don't really need too much handholding. I have a
question for you. So for people that are.

Speaker 4 (29:03):
Investing or saving right, like, how do you get over
the fear of not seeing that money like in your
paycheck or in your account or away from you in
that way?

Speaker 3 (29:16):
Literally just had this conversation with Laurie last week, right, Lauria,
I was like freaking out, Yeah.

Speaker 6 (29:20):
So that's when, Okay, So I recommend having thirty minutes
a week or or a month at the very very
least for you to kind of do an inventory of
all of your assets, right, so it goes back to
knowing what you owe.

Speaker 5 (29:36):
Oh sorry, and so get out you can.

Speaker 6 (29:41):
There's many apps in different systems that can put everything
in one place for you.

Speaker 5 (29:45):
But don't think of it like that.

Speaker 6 (29:47):
That because it's not in your pocket that you don't
own it, right, You just have to know where it
is and what it's doing and how.

Speaker 5 (29:53):
It's invested in things like that.

Speaker 6 (29:55):
So create yourself that inventory sheet of your money and
feel good about it. But it's part of your whole
financial picture, so that.

Speaker 4 (30:04):
When you're like, oh my god, I'm broke, and then
you're like, oh no, wait, I got a.

Speaker 6 (30:08):
Helps yes exactly, yes I have. These are all of
my assets. So there's definitely some great sites that can
allow you to upload like your checking your savings, your
four oh one K and so you can see what
is your total amount of money you own. Most people
are the opposite and they say the only way I
can save is if you take it away from me

(30:29):
before it hits my checking account or something. So again,
it all depends on what works for you, but just
know that maybe you're not having that immediate satisfaction, but
you're having long term satisfaction for sure, got it.

Speaker 3 (30:44):
And then when it comes to like first time investors,
what are some common pitfalls?

Speaker 5 (30:52):
Common pitfalls would be maybe, and it's exciting when you
first have that money to start investing and you ran
go out and pick some stocks and you have.

Speaker 6 (31:02):
No idea what they are or what you own or
anything like that. Or you know, there's a big word
out there meme stock. So things that are popular now.
Don't get me wrong, there's many times that people are like, oh,
I bought X, Y and Z just because it was
my favorite brand or you know, my favorite company or something,
and it works out for you. But I say, the

(31:24):
first thing is keep it simple, don't get too crazy,
like buy nice what you call like ETF or mutual
funds of the SMP five hundred or the NASTAC or something,
and just put it in there and let it and
let it ride. Don't be nervous about Again. The market
doesn't go straight up. It has ups and downs throughout

(31:46):
the year. You know, even this year, and the market
was down over like twenty percent in like thirty days, right,
and some people start freaking out and like pulling their
money out or something, especially if you're young, just keep
it in there, write it out, so don't get emotional
about it.

Speaker 2 (32:04):
Remove your emotions.

Speaker 5 (32:05):
Yeah, it's a huge from your money.

Speaker 4 (32:08):
That's yeah, that's very that's I feel like that's also
very hard for Latinos or immigrants like us, like our family.
You know, it is it is more emotional because it
is it has a lot to do with our day
to day day life and also quite frankly, our survival.
So I think it is a little bit more personal

(32:29):
for people in communities like ours, when you're trying to
make these decisions and you're like, oh my god, this
is a huge investment that I'm about to make, or
like I'm about to put all this money here where
like my parents never even potentially had any kind of
money close to that or anybody in my family, and
like now I'm faced with these like huge decisions, and

(32:49):
I don't really have the resources available in my family
to have conversations or educated conversations with people where they
could provide advice.

Speaker 2 (33:01):
Right, So let's talk a little bit about online advice.
Number one.

Speaker 4 (33:07):
I guess I want to ask, like if there's any
advice on how to spot red flags when it comes
to bed investing.

Speaker 2 (33:11):
Advice on social media, we'll start there or start there.

Speaker 5 (33:15):
I don't know.

Speaker 6 (33:15):
I just find besides investing advice in social media now
you sometimes don't know what's you know right or wrong,
or truth or not true. Yeah, do your homework on
that and try to find some reputable sources if you're
following people and not just so look at some of
the name brands like Fidelities of the World, Charles Schwab

(33:37):
of the World, to follow them, some of these larger companies,
and then just do your research. If you're following one person,
like what is their background, what did they do, how
long have they been in the industry, And try to
do some research to see how you.

Speaker 5 (33:52):
Know where they're getting their information from. So I think
the power of a now work. So here's one thing.
I'll say. Women are better at finance than they want
to give themselves credit.

Speaker 4 (34:09):
It.

Speaker 6 (34:09):
I think it's like a confidence thing we kind of
started out here. We don't we don't ever talk about
it when men go out and they talk about money
and they talk about their investments, and women don't. So
the more that you can talk about it with your
with your friends and your colleagues and stuff would.

Speaker 5 (34:25):
Be really good.

Speaker 6 (34:26):
Now, remember I go back and say, what might be
good for your friend when you're out talking about it,
Drinks may not be good for you, right, So to
having somebody to bounce that idea.

Speaker 5 (34:36):
Back would be really beneficial. But we just have to
get comfortable with talking about it and learning and getting
the lingo and sharing ideas with our communities.

Speaker 3 (34:47):
So yeah, I love that you mentioned that, because honestly,
like some of my latest investment opportunities have come through
talking about it with like my close network, which has
been awesome because look like you kind of have to
be within that network of people that are not only

(35:08):
gonna I guess, extend their hand and extend that opportunity
to you, but also trust you and also kind of
like not know you know your financial background, but you
know know that you're interested. And I would like to say,
for instance, with some of my latest investment opportunities, it
all was because of like say a dinner or something

(35:29):
like that. We start talking and I straight upset at
one of them, like, Hey, if anything comes about for
investing or whatever, please let me know, keep me in
the loop. I didn't say I'm gonna do it and say,
you know, but I wanted to make sure that there
was a point across that I was like, hey, I
kind of want to start getting these opportunities if they
do come, and then all of a sudden, you know,

(35:49):
a few weeks later or a few months later, boom,
like I got hit up to for quite honest, like
really cool investment opportunities, be it whether that's like startup
or other things. And that's when I'm like, holy shit,
Like if I wouldn't have verbalized that and had those
type of money conversations which are sometimes not ideal, like
at the dinner within with your friends, it opened up

(36:10):
some doors.

Speaker 1 (36:10):
And I think there's a time and a place for everything.
Believe me.

Speaker 3 (36:12):
There's a time where I want to talk about I
don't know our food. There's a time words want to
talk about who fucking knows sex? You know, there's other
times that I want to talk about money, right, Like,
there's a time and a place for everything with the people.

Speaker 1 (36:24):
That you're with.

Speaker 3 (36:25):
And I I'm like so happy that I actually did
say something, because I don't think Melissa Orties even five
years ago, would have had that conversation.

Speaker 5 (36:35):
With someone that's awesome.

Speaker 6 (36:38):
We talked about the first job too, like your HR
department and the benefits and stuff those are. You know,
if you're young and don't have a financial advisor, I'm
not saying they're financial advisors, but it's your first place
to go and find out resources and things that are
you're entitled to and ask questions. So yeah, just ask
questions about more experienced people and your friends.

Speaker 5 (36:57):
And your network.

Speaker 3 (37:05):
When it comes to starting, like, you don't need to
start off with a lot of money, right, so what
would kind of advice would you give to those who
are either young and just starting out or maybe are
older kind of like myself and didn't have a ton
of money but had something that I could use to

(37:26):
investor make some money moves.

Speaker 5 (37:30):
Establish your accounts again, so you're going to have your
traditional at your bank account, your checking or your savings.
So you're checking is your daily daily in and outs?

Speaker 2 (37:38):
Right?

Speaker 5 (37:40):
Then your savings is that rainy day fund.

Speaker 6 (37:42):
Then when you go up that your next move would
be again you're four, okay, if you have a retirement
plan that you can invest in and then to be
opening up like a brokerage account and that you can do.
You know, like I said, at many times, you're like
a fidelity, a shwa, a different custodians out there. And

(38:02):
even if you put in I'm sure there's a minimum
to start. I don't know exactly what it is, but
say it's one hundred dollars.

Speaker 5 (38:09):
Put in that hundred dollars. There's nothing more.

Speaker 6 (38:13):
Than seeing your money work for you instead of you
constantly having to work for your money.

Speaker 5 (38:19):
Right, there's a very big difference, and there's a reward
in that too.

Speaker 6 (38:23):
So start out with the smallest amount and then once
you see that money you like grow it's like, oh,
it's one hundred and one dollars, one hundred and two
dollars a dollar. Then you start putting more and more
more money in, right, And then.

Speaker 4 (38:34):
That's how That's how I honestly felt when sorry to
draw That's what I honestly felt when I opened up
my high yield savings account for the first time, I.

Speaker 2 (38:41):
Was like, what, that's crazy. Yeah, So then I put
everything in there. It's all in there.

Speaker 5 (38:48):
Now, So that's it.

Speaker 6 (38:50):
That's interesting that you've said that, because that for the
first time for many years. Like everyone talks about interest
rates right now, right, the interest rates are high. It's
hard mortgage is our high. But one of the benefits
is that you know, for many many years, interest rates
we're paying high heel savings accounts or money markets we're
paying like nothing zero, So there was no place that

(39:13):
you could put your money without taking on a lot
of risk. But now because we're in a higher interest
rate market, you can you can open a high yeal
savings account and get either you know, between four and
five percent of your money without having to take on
a lot of risk. And it's it's it's like you said,
a very satisfying thing, highly.

Speaker 3 (39:34):
Recommend when it comes to let's just say, yeah, you're investing,
you have high money options or savings options. Sorry, Then
when it comes to investing in the stock market, and
then like the crypto generation that we're living in, it's

(39:59):
like there's so it's almost like it's like why is
life serving us with so many options?

Speaker 1 (40:04):
It's like it's in a.

Speaker 3 (40:05):
Good way in a bad way, right, but there's so
many options, so many things to like to decide upon,
and these are like these are these decisions are obviously
like really important and could either go really good or
could go really bad. So in a life where Kami
had touched upon a little bit especially like when it

(40:25):
comes to the different choices are like the crypto world
of things, how do you decide between balancing a portfolio
of like is crypto good for me?

Speaker 1 (40:35):
Is this you know?

Speaker 3 (40:35):
It's it's it's very volatile? Is it not vulletile? Like
what are how do you decide?

Speaker 6 (40:41):
So it's risk and reward straight up? Like with investments,
it's the same of anything in life, right, Like what's
the risk if I eat that piece of cake at night?
What's the reward if I don't?

Speaker 1 (40:52):
Comula knows, Camila knows what that risk is.

Speaker 2 (40:55):
Yeah, I don't know what I hate.

Speaker 6 (41:02):
So it's the same philosophy and take it to investments.
So the best thing you can do is have an
understanding of what you own, so what you're investing in,
and understand the risks in it. So we just talked
about a high you'll savings or a money market it's
lower risk, lower return right now, move that scale up

(41:24):
to the traditional stock market, like you're taking on a
little higher risk for a higher return. And then the
next is like crypto, like very high risk for a
high return. But if you're understanding, like what you own,
then you kind of can make those decisions, and if

(41:45):
you look at your whole financial picture, you should have
a combination of everything, some higher risk, some lower risk,
right and whatever meets your your tolerance, but also your
investment goals as well. So it's not you shouldn't have
something in every body. You shouldn't have just everything in
one bucket. You should have multiple buckets throughout.

Speaker 4 (42:08):
What about if you're somebody who is like trying to
start a business and at the same time, like you're
like trying to like focus on a project, a goal,
a dream, something that requires investment. You're also like, you know,
trying to grow your family, You're trying to buy a house,
you're trying to also prepare for retirement. What advice do

(42:29):
you have for people honestly like me who we're looking
to do a lot of different things and maybe sometimes
people who like don't have a lot of like bandwidth or.

Speaker 2 (42:44):
To do so, but I feel like it's possible. Still
you have to say, yes, LORI.

Speaker 5 (42:49):
Yes it is. Anything's possible.

Speaker 6 (42:53):
First and foremost, I would again go back to that
thirty second snapshot, understand it, and then have go have
all the goals.

Speaker 5 (43:01):
So you just named like five different things, if those
are all of your.

Speaker 6 (43:04):
Goals great, and like, how are we achieving each one
of them?

Speaker 5 (43:08):
And then you talked about a business.

Speaker 6 (43:10):
Creating a plan around a business or a new venture
is key, h And you have to have an understanding
like when you're starting something new, you know you're not
going to make money on the first day, and that's okay.

Speaker 5 (43:23):
But how long can you go without making money?

Speaker 6 (43:26):
So I just sat down with some younger folks who
started a business, and I was so impressed. They had
five years of savings. They knew how much what they're
what it was going to cost them to live each year,
and they had five years of those savings put aside.

Speaker 5 (43:41):
And not everyone can do that.

Speaker 6 (43:43):
Not everyone can do that, but realize, you know you're
not gonna it may take a while to make money
on this, so have realistic expectations of that. So that's
the kind of understanding that you need to have when
you're creating starting a new business or something around those goals.
And then also look for the resource that are out there,
Like when you're starting a business, there are loans out there. Again,

(44:04):
having money work for you or having somebody else's money
work for you are two really amazing things. So especially
for starting new business. There's different types of loans out there,
there's small business loans, so again it's like trying to
find out what different resources can help you achieve those goals.

Speaker 3 (44:20):
And there's a lot of grand grand opportunities as well,
especially for people like even Camilla and myself.

Speaker 1 (44:28):
Latin X.

Speaker 3 (44:31):
Owned businesses, Like I've won two small grants over the
course of the last two years for our coffee business,
and it all just came because of applying for it,
like taking out the time to apply and thankful to
my team that also my co founders who also you know,
we work in cohesion in that sense, like I'll see
it okay, cool, They'll do the essay for instance, and

(44:52):
then I'll do the video and then you know, if
you do have a team, it helps, but if you
don't like it just takes a little bit of like
what we all have guts right to do it, honestly,
God us exactly. And it's so interesting because like Latinas
are the fastest growing group of entrepreneurs in the USA,

(45:13):
which like that's massive, Yeah, over one point five million
Latina owned businesses that are generating sixty five billion, five.

Speaker 4 (45:23):
Billion go off Latina.

Speaker 3 (45:29):
Literally it's it's so incredible, and that all goes to
show also the fact of everything that you two just mentioned,
which is like balancing life as it comes to you
at one hundred miles per hour, which like you're starting
a business or owning a business. Then say, for instance,
you have a family, maybe you're also finishing your studies,
or you know, you're also dealing with your finances in
your house or apartment.

Speaker 1 (45:49):
Like there's so many things on the day to day
life scenario.

Speaker 3 (45:52):
But one of the things that stuck out to me
that you mentioned, Laurie, is like that thirty minutes at
least a month to make sure that you put yourself
in check with your money, you know, because things are
happening so fast. I know I have to do a
better job too, but like things are happening so fast,
and like everyone's schedules are crazy. Let's get real, and

(46:13):
it just is like it's like a nice reminder for
our listeners to like check yourself. Yeah, like you subscriptions, yes,
oh my god, yes, yes, yes, holy shit.

Speaker 1 (46:24):
Wait wait don't you just mentioned this yesterday? Literally yesterday.

Speaker 3 (46:28):
I'm looking at my bank statements honestly, because we split
a bill the other night, and it was like a
big bill and I dropped my car down.

Speaker 1 (46:35):
I'm like, oh, well, I'll split it and they'll venmo
me whatever. Whatever.

Speaker 3 (46:38):
So I'm looking at my statement and all I sudden
I see in American Airlines Wi Fi charge for fifty bucks,
and I'm like, fifty bucks for Wi Fi?

Speaker 1 (46:46):
What the hell is this?

Speaker 3 (46:47):
So then I go back and it's literally monthly subscription
charged fifty fifty fifty. And I guess, on one of
the flights that I went on out of the million
flights I take a year, I guess I had signed
up for the monthly subscription for Wi Fi on American
Airlines And I'm like wait what So I had to
like then go dig it. I'm like, oh no, I
got to deal with this now, because I don't do

(47:08):
it now, I will never do it. Yeah, so I
had to write an email to like American Airlines Wi
Fi blah blah blah customer service, and I had to
be like, canceled my subscription.

Speaker 5 (47:17):
Yep, for sure.

Speaker 6 (47:19):
Yeah, call them those credit card statements, your bank statements.
Make sure everything is correct, and yeah, do an inventory
of all your different accounts and make sure everything's on track.

Speaker 1 (47:30):
What is the craziest subscription you caught yourself like four?

Speaker 6 (47:35):
I think it's just sometimes having the same subscriptions on
different cards for the same exact thing, which is yes,
like one kid signed up for something or whatever and
so yeah, but that's that.

Speaker 2 (47:49):
Reminds me I need to cancel one. I've been putting
that off.

Speaker 1 (47:54):
Yeah, I better.

Speaker 3 (47:55):
I better. Listeners right now are like, oh, like, thank god,
that reminds me, I got to cancel this one.

Speaker 2 (48:00):
Yeah, you know it today and is the top of
your to do list?

Speaker 5 (48:04):
That's right, that's right.

Speaker 4 (48:06):
Well, thank you so much for joining us, Lori. We
have a segment called at my Famosa that every week
we talk about what's popping in the world of women
in sport and music. Okay, so, Lorie, I want to
know in the world of music, what do you what
are you listening to? Like, who's your favorite artists?

Speaker 2 (48:25):
Like when you're crunching the numbers, what are you listening?

Speaker 5 (48:29):
I knew you were going to ask me that.

Speaker 6 (48:31):
And if my kids, my kids are dying laughing right
now because I am so bad with names of artists
and things.

Speaker 5 (48:38):
I always say, I'm like, just play my favorite song.
Just play my favorite song so love and they know
what it is. So I don't have one. I hate that.
But my kids are my playlist gurus.

Speaker 3 (48:47):
So I my mom is the same, the exact same.
She'll be like, you know that, she's like that song,
that song, and she'll know it, but she will not
know many times like the name nor the artist.

Speaker 1 (48:57):
Yes, I feel like I'm going to be the same too, just.

Speaker 4 (48:59):
The terrible can you can you sing like your favorite
song right now? Or like like that that little beat?

Speaker 8 (49:07):
No listeners with that and everyone amazing Anyway, I I'm
really obsessed with Dela Rose from Puerto Rico.

Speaker 2 (49:20):
She's an artist.

Speaker 4 (49:21):
She's an urban artist who makes honestly like pretty like
dirty music, and I'm obsessed with it because I love her,
like her voice, her voices, like I feel it's very unique,
and she has like a lot of attitude and like
I think she's an absolute icon. She collaborates a lot
with Omar Courtz, which you might be familiar with from

(49:42):
Puerto Rico as well, but I just feel like their
chemistry is amazing.

Speaker 2 (49:46):
A lot of people are rumoring that they're dating. Apparently
they're not.

Speaker 4 (49:50):
For now, that's the cheese apparently they're not for now,
but like the fans really love to have that happen
because they create like really sexual music together. Hello wel
and they love to live that fantasy. I think they
play along with it, but apparently they're not dating you guys.
I hate to bust your bubble.

Speaker 2 (50:06):
But yeah, that's what I'm listening to in the world
of music.

Speaker 1 (50:11):
Love all right.

Speaker 3 (50:12):
Now the latest in the world of sports, which most
of the time I talk about football, but the Euro
Women's Final just happened over the weekend, which you should
check out the highlights and see who won. And then
I wanted to touch upon the w NBA because speaking
of money and the nero, that's exactly what w NBA

(50:37):
players are asking and demanding, and rightfully so.

Speaker 4 (50:41):
So.

Speaker 3 (50:42):
During the w NBA All Star Game in Indianapolis, the
WNBA players stepped on the court during warm ups with
warm up shirts that said pay us what you owe us, which.

Speaker 1 (50:52):
Was a huge statement.

Speaker 3 (50:53):
It also went viral on social media, and they are
currently negotiating a new collective bargaining agreement. So some are
saying that this is one of the most important like
negotiation pieces in women's sports history. Specifically when dealing with
these WNBA players and everything in their growth that they
have gone and garnered over the past few years. So

(51:15):
at the end of the game, the WNBA commissioner, Kathy
Engelbert was speaking to the crowd and the.

Speaker 1 (51:21):
Fans began chanting pay them, pay them, So, yeah, pay them.

Speaker 4 (51:27):
So it's a big I saw clips from that and
I was like, oh my god, go off.

Speaker 5 (51:31):
Incredible.

Speaker 3 (51:33):
So it's a big obviously moment, not only for the
w NBA players, but also for I think women's sports
in general, because for instance, the NWSL also and US Soccer,
like US Women's sational team, have a collective of bargaining
agreement and obviously that sets a standard in a bar
and it reaches other sports and women's sports, and so

(51:55):
what the WNBA is also, you know, or the players
are going right now and fighting for it's a big
statement on a big statement move. So happy to see
that they're being vocal and fighting for it. Hopefully they
do get paid what they are owed they you know,
pay them, just pay them. So that's the latest in
the world of women's sports. Laurie, do you follow specifically,

(52:18):
like any any sport?

Speaker 1 (52:20):
You diehard?

Speaker 3 (52:20):
I know that you played soccer, But is there anything
else that you stay like, you like up to date
day to day with a certain sports.

Speaker 6 (52:28):
I've been following a lot of tennis lately, so which
is I've always enjoyed watching it, but gotten to know
the sport a lot more and I am actually so
amazed by their travel schedules and their competition schedules and
the tournaments and their turnaround and so it's been pretty

(52:49):
amazing for me to learn more about about tennis.

Speaker 5 (52:52):
So that's been top of my list, Sleepy.

Speaker 1 (52:54):
Do you have a favorite tennis player?

Speaker 5 (52:59):
No, I mean I like them all.

Speaker 6 (53:01):
For different reasons, and I think it's amazing depending on
the surface, like everyone's different, but I think, you know,
there's been there's been the fun thing about tennis too,
I think it's like, well, this is sports in general,
but like any given day, anybody can have a great
tournament there or you could have had just one one
and then you lose the first round of the next one.

Speaker 5 (53:23):
Like it's I mean, that's sports in general.

Speaker 4 (53:24):
But.

Speaker 5 (53:26):
No one's specific. I'm just really happy.

Speaker 3 (53:28):
Go on, yeah, go.

Speaker 6 (53:30):
On, go on, she's amazing, she's doing fantastic. So yeah,
I just think there's a lot of different players that
are it's fun.

Speaker 5 (53:41):
I've been watching like new ones who.

Speaker 6 (53:43):
Just graduated from from college, super fun to see them
just start out, and then ones who've been around.

Speaker 5 (53:48):
The game for many years, so it's exciting.

Speaker 2 (53:52):
Well, thank you so much for joining us, Lori.

Speaker 4 (53:54):
We hope that this episode of US SAHO is so
valuable for you guys.

Speaker 2 (53:58):
Kelly and I really wanted to kind of create this space.

Speaker 4 (54:01):
If you guys have any additional questions, feel free to
reach out to us with them.

Speaker 2 (54:05):
We can forward them to LORI see if we can
get back to another Q and A moment.

Speaker 4 (54:10):
And if you guys also need any support, Lourie, where
can people find you?

Speaker 6 (54:15):
You can find us at B side dash Partners dot
com and maybe you can post you know, my email
or like you said, send questions in and I'm happy
to get answers to what's your email? It's el Stefanowitz
at B side Dash Partners dot com and I know
you're gonna have to put that someplace because it's a mouthful.

Speaker 2 (54:38):
Absolute you so much for being here with us.

Speaker 5 (54:42):
Thank you guys so much for having me.

Speaker 3 (54:44):
Thank you Laurie, and remember to subscribe to our podcast
so don't miss any of our future new episodes, and
we'll see you all next week.

Speaker 1 (54:52):
That's it for here on Bye.

Speaker 4 (54:54):
Bye is an iHeart women's sport production and partnership with
Deep Blue Sports and Entertainment.

Speaker 3 (55:03):
For more podcasts, listen to the iHeartRadio app, Apple Podcasts,
or wherever you listen to your favorite shows,