Hip Hop x Finance: What Hip-Hop Can Teach You About Wealth - Drew Boyer

What if your relationship with money determined your freedom? Most people chase wealth, but few truly understand how to manage it in a way that brings lasting security and fulfillment. Are you making financial decisions that serve your future, or are you unknowingly setting yourself up for financial traps? Jerome Myers sits down with Drew Boyer, author of Hip Hop & Finance, to explore the financial lessons hidden in hip-hop. From MC Hammer’s financial downfall to 50 Cent’s unexpected business acumen, this conversation unpacks the actual cost of economic ignorance, and the mindset shifts needed to build lasting wealth. Expect powerful stories, hard-earned wisdom, and a fresh perspective on personal finance that blends music, culture, and money in a way you’ve never heard before. [00:00 - 00:59] The Inspiration Behind Hip Hop & Finance Jerome introduces Drew and his book How hip-hop lyrics teach financial lessons Drew’s journey from drummer to finance Why financial education should be accessible [03:00 - 08:49] The Psychology of Money & Breaking Free from Debt How early money habits shape life The impact of comparison culture Drew’s experience with debt Recognizing and correcting money mistakes [08:50 - 14:54] Celebrity Money Mistakes: MC Hammer & 50 Cent MC Hammer’s $72M downfall 50 Cent’s vitamin water deal vs. bad investments The hidden costs of luxury homes The need for truth-tellers, not yes-men [14:55 - 21:44] What to Do With a Windfall & Avoiding Lifestyle Inflation Innovative steps for handling sudden wealth Why financial professionals matter Delayed gratification vs. impulse spending Investing in experiences and assets [21:45 - 33:19] Estate Planning & Protecting Your Legacy The chaos of dying without a will Lessons from Tupac, Mac Miller, and Takeoff Setting up trusts and legal documents Bob Marley’s estate planning mistake [33:20 - 40:00] The Key to Financial Success: Education & Patience Why financial literacy is key The power of patience and long-term thinking Controlling emotions in financial decisions Understanding money before you have it Key Quotes: "Some people spend their whole lives working hard but never learn to make money work for them." - Drew Boyer "The only person you should ever compare yourself to is who you were a year ago." - Drew Boyer Connect with Drew! Website: https://hiphopxfinance.com/ LinkedIn: https://www.linkedin.com/in/drew-w-boyer-cfp/ Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence.  🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com. Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices