EYL’s Troy Millings & Rashad Bilal on The Power of Our Voices & Limited Series w/ Chase Freedom Rise
October 28, 2025 • 28 mins
EYL’s Troy Millings & Rashad Bilal on The Power of Our Voices & Limited Series w/ Chase Freedom Rise
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:09):
Fout five point one baby Newyorks hip Hop and R
and B are Alesia, Rashad and Troy in the building today.
Speaker 2 (00:17):
Appreciate you back in the building.
Speaker 1 (00:21):
Every time my money is doing something weird, or I
spend too much on something, or I get anxiety about something,
or you know, whatever I think of you guys, appreciate it.
You know, like what would what would Troy and Rashad do?
You should get like those things. What are people talking
to you like these recent times? Because times is tough
(00:41):
for a lot of people in a lot of different ways.
Speaker 2 (00:43):
What's the number one? What are people talking about to you?
What are they coming to you with? Right now?
Speaker 3 (00:48):
Stocks?
Speaker 4 (00:48):
You know, stocks have done very well, so they they're
a little nervous, like, oh, we're gonna have a pullback?
Is it going to be a market crash? It's bigcoin
gone crash. I think people are just real nervous right
now because the economy has been shaky, but the market
is not reflecting that. The market is doing really really
well and has done well, so they think like, okay,
eventually this is all this is going to come collapsing down. So,
(01:11):
you know, a lot of people are nervous about that
like they're four on one k's money that they've invested,
like they don't want to they don't want to get
hurt in the market. So a lot of people kind
of nervous about that right now.
Speaker 5 (01:20):
I think that's one A and one B is they
see us traveling a lot to the continent, So you
want to know what's happening in Africa.
Speaker 2 (01:27):
When you say they, that's me. I'm one of those people.
Speaker 1 (01:30):
I text you both recently or what I just text you.
I text you both in the chat about that. I
want to have some of these experiences that you guys
are seeing. Tell me what's happening there and what your
roles are there, what's going on.
Speaker 6 (01:43):
I mean, there's a lot going on.
Speaker 5 (01:45):
We've had the luxury of traveling to nine different countries
over the past few months, and so our idea was,
you know, when people see us, they think business and
they think opportunity. So we have an opportunity to go
to different countries and explore that and really see what's
happening on the continent, what's happening in terms of government.
Speaker 6 (02:01):
How people can actually invest.
Speaker 5 (02:02):
But we also have the opportunity to shape narrative and
that's something that's super important. We where it was feed
the kids, send a dollar.
Speaker 2 (02:10):
There's a h you put it in somebody else's hands.
Speaker 5 (02:12):
And then when you go there and you see like, nah,
there's like actual business that's taking place, there's actual opportunities
that's taking place.
Speaker 6 (02:18):
All the minerals are there.
Speaker 5 (02:20):
And so by us doing that, now more people think
that it's something that they should do and how can
they be involved, which is a great thing.
Speaker 2 (02:27):
So when did you realize that you guys could do that,
that you had that power.
Speaker 7 (02:30):
That's power Africa just a shape narrative, shape narrative early on, well,
I think just realizing that, you know, what we said
had a lot of influence in people, right and what
they do and how they view things.
Speaker 4 (02:43):
And you start to realize you start to study media
and you start to understand propaganda. Then you start to
understand positive propaganda. Right then you start to understand why
media is so valuable. I mean, you know media, but
most people don't really fully understand or appreciate media, and
even new age media they just disregarded, like you know,
influences the social media. But you start to realize, like
(03:05):
this really has the power to change people's perspective to
really shape the world politics or so much stuff. So
it's definitely something.
Speaker 1 (03:13):
Does it ever trip you out? Like you guys haven't
thought about something you share and you see it. Actually,
I don't know, just going to different places in all.
Speaker 4 (03:20):
The countries, because Ghana's been on the map for a while.
In Nigeria, there's so many Nigerian shouts, all the Nigerian's
out there. There's so many other countries in Africa that
nobody like we just came back from Guinea Vath majority
people not even heard of Guinea before, right, Or Kote
Var which is the Ivory coast, or you know Senegal.
Or we go to Rwanda and people see in Rwanda
(03:41):
the last time they saw Rwanda was Hotel Rwanda and
don Chito and they see what Wana like this is beautiful,
this is amazing country. And then like going to Kenya
and actually showing them the Safari in real time. So
it's it's the places that people are not even thinking about.
Like you said Benin, nobody was really thinking about Benin
like that, right, So it's like there's so many any
hidden gems that I think like they get so exciting.
Speaker 2 (04:04):
Part of that right, so exciting.
Speaker 5 (04:06):
You get to uncover things I said, like, think about
a continent that's around about water, but we never think
of a luxury beach.
Speaker 6 (04:11):
On it in Africa.
Speaker 2 (04:12):
That's ridiculous.
Speaker 5 (04:13):
It's ridiculous. And so like when people see us posted,
they're like where are you? Like where in Africa? Yeah,
there are beaches in this coastal properties and all that exists.
It's that people haven't decided that that's a place that
they want to venture. And obviously there's language barriers. But
I'm like, look, if you can go to Paris, you
can go to Cultivar, they speak the same language. Right,
you can go to Belin, they speak the same language.
It's just that we have to really change that narroive
(04:34):
and sy like, this is a place that you actually.
Speaker 6 (04:36):
Need to go and this opportunity.
Speaker 5 (04:37):
So infrastructure is being built, but we have to see
opportunities in it ourselves.
Speaker 2 (04:41):
But it hasn't changed your view of yourselves.
Speaker 1 (04:43):
Like I would imagine you started this journey, what you
guys have been building with a specific kind of goal, educating,
talking about financial literacy and free like you.
Speaker 2 (04:54):
Probably had certain goals that now.
Speaker 1 (04:56):
You have probably shifted evolved is a better word involved,
like a bigger picture of things that you.
Speaker 4 (05:04):
Get like yeah, I mean even then, they did a study.
Wall Street Journal did a study about how how many
black people open brokerage accounts over the last like five years,
and it's been record breaking numbers. So I mean, I
think that we would have to play a part in that, right,
So just understanding the power of your voice is extremely important,
which is also something that I think every person in
(05:26):
new age media needs to take responsibility for because there's
a lot of harmful messages. Let's just say that that
that gets repeated online and it's not helpful.
Speaker 3 (05:36):
And like what give me celebrity?
Speaker 2 (05:39):
You don't want to highlight it, but debunking celebrity gods.
Speaker 4 (05:41):
I mean, just something that's just like not really useful,
like celebrity gossip NonStop, right man, woman, fifty to fifty
relationship NonStop, Like you know what I mean, Like just
even talking about Africa, like the diaspora wars, like talking
about how Africans don't like black people in America are
talking about like the vice versicine a lot I see
a lot of and I get it because it catches
(06:03):
the algorithm. But people I don't think people understand the
power of their voice. They probably just looking at it like, hey,
I'm just getting views. You know, this is just my hustle.
But it's like you're really influencing people, You're causing division,
You're making people, you know, become dumber, and it's really
not helpful. And it's like, you know, we get bombarded.
Our community gets bombarded with that NonStop. So I think
that people really really understood the power of their platform.
(06:26):
Hopefully they would just have some level of more responsible
ways to use it.
Speaker 5 (06:31):
Like we over index on that, like the nonsense. We
over index it because we like to be entertained. But
I think what you're saying is important, right, Like when
we walk in people like, oh, those are those are
the guys that know finance, Those are the guys that
can help me with my credit. Those are the guys
that are doing something in Africa. So that changes narrative, right, So,
like that brokens account thing is real because when people
see this, they want to talk stocks. They could be
talking about like who the best rapper is? We could
(06:52):
do that too, but like.
Speaker 2 (06:53):
Who is the best rapper? Okay, okay? In twenty twenty five.
Speaker 6 (07:02):
In twenty twenty five Kendrick.
Speaker 2 (07:04):
Okay this week.
Speaker 5 (07:08):
Still Drake and I'm a Drake fan, But yes.
Speaker 2 (07:14):
Could you still do you find you could be a
Drake fan and a Kendrick fan at the same time?
Speaker 6 (07:17):
One hundred percent? I went to Toronto.
Speaker 2 (07:19):
You know, I ever feel conflicted?
Speaker 5 (07:20):
I don't because I'm a fan of music, and I
grew up in the era where it was like I
love Jay and I love NAS and I love Big Empire.
Speaker 6 (07:28):
We grew up in the era. It's a different era
for sure.
Speaker 2 (07:30):
I feel the same way by the way you a
you and me I am you way anyway, you know
what I mean. It's been a long day. I'm sorry,
but I totally agree. But not the rest of the world.
Speaker 6 (07:41):
No, you divided?
Speaker 2 (07:42):
Did you pick a.
Speaker 3 (07:43):
Side or Drake and Kendrick? Yeah, not like both of them.
I mean I listen, you.
Speaker 2 (07:47):
Have a pick a side? Are you a pick a side?
Speaker 3 (07:48):
Guy? Yeah? Sure, he's a big side. I got you,
I got you fully invested j or notas No, that
was that's personal though. That's just some personal.
Speaker 2 (08:01):
Really pitched you.
Speaker 4 (08:05):
Like like Nas that's my favorite ever Yeah.
Speaker 3 (08:11):
Yeah, I can't never That's like the Yankees a big
park to me.
Speaker 4 (08:18):
Yeah, you know what, I wasn't fully invested in that, though,
I'm be completely honest, it's not I wasn't fully invested
in that because I wasn't a huge big fan and
I wasn't a.
Speaker 3 (08:27):
Huge Park fan.
Speaker 4 (08:29):
But I feel like the nas thing I was invested
was invested in that.
Speaker 2 (08:33):
You were not invested in like Drake and and uh
not the same way.
Speaker 3 (08:37):
Like even Jim, like, no, shout out to Jim, that's
my guy.
Speaker 4 (08:39):
But I mean when they like I was mad at
Jim Jones with this and not like I mean that's
how I took it personal.
Speaker 2 (08:44):
Like a fan, but you was like ready to go
to war for not Prodigy.
Speaker 4 (08:48):
I almost got into a fight with somebody I was
in middle school of a prodigy like that was these
are guys that I'm fully invested in.
Speaker 2 (08:54):
You can fight Prodigy.
Speaker 3 (08:57):
I was almost got into a fight about Prodigy. This
is back.
Speaker 2 (09:00):
What was the what was the conflict?
Speaker 3 (09:02):
What was the argument?
Speaker 4 (09:02):
Was just saying that he wasn't good, Like you know,
somebody was saying he wasn't the best, but he was
just saying like, yeah, he wasn't. They was pretty much
disrespected on like you know, I all that what I
used to get in argument for I was about that
about Nasot, because you know, you either love nas or
you think like like your nas He too d be
rapping about stuff.
Speaker 3 (09:23):
I ain't trying to. I'm like, you listen to what
he's saying. Have you heard the bars? Have you broke
down the sixteenth or not?
Speaker 6 (09:28):
We had this argument in front of none.
Speaker 5 (09:30):
Wait he said so he told he said in nineteen
and ninety five. And he's like, listen, Proby is the
best rapper on the planet. And I'm like, that cannot
be possible. If Nazia Jones existed, if Christopher Wilas was here,
how can that just be? It can't be true. Now,
I was just sitting there listening to us argue about it,
like he was like, it's debatable.
Speaker 6 (09:51):
He was probably he was spinning.
Speaker 5 (09:53):
I was like, but you're here, like you were here,
so how could he be the best? So you had
this in front of him, in front of him, it
was a great moment.
Speaker 2 (09:58):
That's pretty that's pretty magy.
Speaker 3 (10:00):
That was great.
Speaker 2 (10:00):
That's on the highlight reel.
Speaker 5 (10:01):
I'm sure it's in my Like that night, like we
had dinner for like four hours. Probably one of the
best moments in hip hop for me or just in
life of me.
Speaker 3 (10:09):
We looked up to this guy.
Speaker 4 (10:10):
But now now I'm just a casual. Now I'm a casual,
I'm not. I'm not a diehard fan like I used
to be. I'm a casual fan.
Speaker 2 (10:16):
So I could he got downgraded?
Speaker 3 (10:18):
No, no, no, a casual fan of hip hop?
Speaker 2 (10:20):
Hip hop?
Speaker 4 (10:21):
Yeah, So I don't like Drake Kendrick. I could appreciate.
But if I was like because they said some disrespectful
things about each other. So if I was in my
diehard face, you gotta pick a side, and you can't
if you're a diehard Kendrick fan, how could you be
a Drake fan?
Speaker 2 (10:34):
Are you some?
Speaker 1 (10:35):
Do you feel like there should be rules? Like this
whole thing that happened with Nikki and Cardy and the
kids and fertility and all types of that, that's beyond Yeah,
you don't like it.
Speaker 3 (10:46):
To me, he don't like it. You look like to me,
that Kendrick Lamar record, that's the most disrespectful. I said that.
Speaker 4 (10:53):
That's more disrespectful than Tupac hit him up to me
because he wrote a letter to his son like that
is just a different level of diabolical I got some
points on you, like if you if you think about it,
he wrote a whole letter to his son, his mother,
and his.
Speaker 6 (11:09):
Father and potential daughter at some point.
Speaker 4 (11:11):
That's so, that is so crazy that what I'm saying
like that was so crazy, Like now you know what
I know?
Speaker 3 (11:19):
I feel like, should I laugh?
Speaker 6 (11:20):
No, it's crazy.
Speaker 3 (11:21):
It's crazy because.
Speaker 2 (11:23):
Somebody is here if I laughed to her, because it's
really funny what you're saying. But also we're so sensitive.
Everybody's so sensitive.
Speaker 6 (11:29):
It's tough.
Speaker 3 (11:31):
Not the eye.
Speaker 6 (11:32):
It's because I went to Toronto to the Kendrick Show.
I just wanted to see how the city would.
Speaker 2 (11:39):
You went there to see you wanted to see something.
Speaker 5 (11:41):
I want to see. I saw the show in New York.
I thought it was incredible. I wanted to see how
Toronto will receive it. So I was there and I'm
sitting there, I'm like, I can't believe this, Like I'm
listening to this city who he's put on for for
fifteen years actually chanting this and then like asking for
him to do the song again.
Speaker 3 (11:58):
I'm like, but that was a lot of Yeah, I
was the core Toronto.
Speaker 2 (12:01):
But also, let's be honest.
Speaker 3 (12:03):
That was Niagara Falls.
Speaker 8 (12:06):
Naga fans, they'd be because they'll do that. And then
if if there was an intermission an hour later, Drake
popped out and hit you with some hits.
Speaker 2 (12:17):
Dan's gonna be right, The fans are gonna be right.
Speaker 1 (12:19):
It's always with fans, it boils down to the music.
Ninety percent of the time. There are the die hard
fans that will fight you in the lunch room of
a prodigy or whatever. But for most fans, I feel
like life is fucking lifing. They like their favorite song,
make the Good music. Got Tupac, Biggie Tupac, Biggy got
real West Coast, West Coast well because they gave people
something to cling on to, which is you're representing your
(12:42):
town now now it's more than just the artists, and
so people bought into that.
Speaker 6 (12:46):
So now look we got we got la Vers Toronto.
Speaker 2 (12:49):
It's the same thing they do in series.
Speaker 1 (12:51):
Yeah, and in politics, it's like all of a sudden,
if you Democrat Republican, you can only you got to
stay on your side of the wall. Like everything, Like
you were saying, everything is so divine and same thing
as hip hop.
Speaker 6 (13:01):
Do the same thing, you know, the one thing that
unite people.
Speaker 2 (13:04):
What money m hmm, everybody loves it?
Speaker 6 (13:07):
Right, we forget how we got So.
Speaker 2 (13:09):
Where do we met? Where do we mix? Where does
where do we separate? What to do with it?
Speaker 3 (13:13):
How to? How to?
Speaker 6 (13:15):
I think we're at the crossroads here.
Speaker 2 (13:19):
That was pure Like you're a media guy.
Speaker 6 (13:22):
Now no, no, he's.
Speaker 2 (13:23):
Just he's not a money guy. He's a media scholar.
Speaker 3 (13:27):
Like it's important media.
Speaker 5 (13:31):
An inflection period, right, Like we keep talking about this
next two to three years, and it's important that we
learned that we have to invest. It's the only way
to build wealth and technology is moving, so how do
we do that? But if we don't focus on the
right things in this moment, we're going to get lost.
Speaker 6 (13:46):
And we've been lost for so long. Like that's encouraging
to hear.
Speaker 5 (13:48):
That people have open broken accounts, but there's so many
more people that don't have any financial literacy.
Speaker 6 (13:53):
They don't have financial fluency.
Speaker 5 (13:55):
And so with the way that the market is moving,
the way the economy is moving, there's about to be
a new change in government here in New York City.
We need to figure out where we're going to be,
how we're going to play a role in it or
that that gap that they talk about, like I don't
like to call it the rate. That wealth gap is
going to be so far gone that it's going to
(14:15):
be impossible to catch up.
Speaker 1 (14:16):
Are you saying any improvement on education with finance? I'm
talking about like in school systems or any of that.
Like I if one of these mayors could say to me,
if I could disagree with eighty percent away he did,
But one of these mayors would say to me, in
public school systems, this is now mandatory to teach kids
about this, this, and this.
Speaker 2 (14:36):
That could swear me that that we're going to teach
our kids in public school saying that about No, Like, seriously,
I think about it.
Speaker 3 (14:44):
Now, we do have a curriculum that's in schools now.
Speaker 6 (14:49):
I don't even know I was, she's a legend.
Speaker 4 (14:54):
Now we have a curriculum that's in twenty high schools
in the Bronx right now and trying to get it,
trying to get it city wide. So yeah, the next mayor,
whoever the next mayor is, that should be top of this.
Speaker 2 (15:03):
These your guys next mayor.
Speaker 6 (15:05):
So we were close, right, we were, We were very close.
Speaker 5 (15:10):
We had a press conference that was scheduled to happen
September twenty fifth of last year, and if you look
at the calendar, it's the same day that the indictment
comes in for the mayor. So like, press conference canceled
and then we have to put that on hold. But
hopefully with the new administration, we'll be able to launch that.
Speaker 3 (15:25):
Yeah, a few things happened, but you.
Speaker 1 (15:26):
Know what will happened was Okay, wait a minute, so no,
come on, don't do that.
Speaker 4 (15:33):
Yeah, it was just a new you know, the administration
had a lot going on. So one of the people
that had a lot going on was the Also the
had an education Yes, so when they came down, a
lot of people, you know, it was thor the thor
hammer came down, So.
Speaker 2 (15:50):
So it put the monkey wrench and what you guys
had going on, which was actually gonna be a great thing.
Speaker 6 (15:55):
And it still is going to be.
Speaker 3 (15:56):
Yeah, sometimes things have unintended consequences.
Speaker 1 (15:59):
Yeah, so sometimes maybe this is two for another day.
This is a conversation, because this is a longer conversation.
There's so much I'm gonna just touch on it if
you have something quick to say. There's so much always
conversation about how we're gonna get things done, and then
what happens is before anything can get done, everybody's divided
because not ever everybody agrees on how you're getting done.
(16:21):
I was thinking about Jay and the NFL is one
version of that, or even what's happening with the casinos
or things like that. There's so many ways where the
people might think they're trying to push things forward with
these programs or whatever, but then internally, even as a culture,
we start chopping each other's head off before we can
actually get anything done.
Speaker 4 (16:40):
That's why sometimes it's just better not to say anything
until it's actually done, because once people start hearing about anything,
somebody's gonna have something negative to say about anything. You
could say, I'm giving away one hundred dollars to every
sick person in the hospital, and there's gonna be somebody
online that's going to create a whole narrative of why
that's a bad idea and how why you're not doing
one hundred and fifty, And then you give it a
hundred to this hospital or not hospital, and then it's
(17:01):
going and then before you know, it's gonna be a
whole online debate, and then, like you said, nothing actually.
Speaker 3 (17:05):
Ends up happening. People like to argue and nobody really
likes to do things.
Speaker 4 (17:08):
So yeah, that's but at the political system that we're
in right now, Like that's that's the government shut down
because of that, Like people would rather argue blame each
other than actually come and sit down at the table
and act like adults. So it says a lot about
the times that we're in. But you know, bureaucracy is
a real thing when you're trying and get things done,
and something like the school district that's a huge hurdle
(17:31):
to pass as far as you know, getting so much
red tape done and government anything like that. So that's
why like business is easier sometimes because it's like you
just got to get things done. Like it might be
a CEO, it might be a couple of people. When
you go through the government route, you got to convince
this person and that person and that person.
Speaker 1 (17:46):
Are you trying to do that with the school program?
Is the government route is that you have to go through? Yeah?
Speaker 3 (17:50):
The government?
Speaker 2 (17:51):
Yeah, because you're trying to do it in a public school.
Speaker 5 (17:53):
If you want to make it mandated, then obviously the
city has to do it to prove it. But it
has to be stay right because if kids have to
take it, then it has to be part of a
requirement than a state education.
Speaker 3 (18:02):
Boys.
Speaker 2 (18:03):
So we got to sit down and have dinners with people.
Maybe you don't like.
Speaker 6 (18:06):
We like everybody. Do you know are you hearing things?
Speaker 3 (18:13):
No?
Speaker 2 (18:14):
I think it's important for people to know that. Yeah,
sometimes you got it.
Speaker 3 (18:17):
Yeah, it's not easy. That's still that's the point for.
Speaker 2 (18:19):
People to figure out how to navigate progress.
Speaker 5 (18:21):
That's part of it, right, even even if you don't
like them, and we've seen that a bunch of times.
If we can do business together and it can benefit people,
even if we don't have to like each other, can
we agree to do business and do good business like
that's an importantlesson. A lot of times we get caught
up on I don't like him, I don't like a
I can't If you sat down, you could probably come
up something together that could be beneficial for you.
Speaker 3 (18:41):
But also even bigger than that.
Speaker 4 (18:44):
We had the last presidential administration, we had a meeting
with the head of Education and we sat down in
the Department of Education in Washington and we had like
a two hour meeting and we were working on some
things with that.
Speaker 3 (18:57):
Obviously that now don't even know if they're Department.
Speaker 6 (19:00):
Of Education, there is Linda McMahon, I know, in the.
Speaker 3 (19:04):
Process of dismantling.
Speaker 4 (19:05):
So yeah, a lot of times when you're dealing with politics,
it gets a little tricky because you might be in
favor and then a few months later you know that
could be statewide, that could be citywide, that could be
national wide, and it's like.
Speaker 1 (19:18):
I'm so sad for you in a world community, so
that that is that hard to do something this obvious
and don'pe.
Speaker 6 (19:25):
Like it feels very obvious. But that's important too.
Speaker 5 (19:28):
So like we have our own platform so we can
still teach, and when we travel, that's also an opportunity, right,
So the things that are limited here, it gives us
access to Hey, we can potentially bring it here.
Speaker 3 (19:39):
Right.
Speaker 5 (19:39):
So when we go to Ghana and we're talking about
a population or the continent that is under thirty, like
seventy five percent of the continent is under the age.
Speaker 6 (19:47):
Of thirty, that's is that right? Yeah?
Speaker 5 (19:49):
Yeah, So that's a huge base of people who may
not have some of the skills that we can can provide.
Speaker 6 (19:54):
So at least we just got to see as opportunity.
Speaker 2 (19:57):
I love that I just had to write something down
about that. I didn't want to. I saw you look,
so I was trying to be quiet while I don't
forget it was about Ghana or something about Ghana. I
wasn't not listening.
Speaker 5 (20:16):
I was just we said the last time we saw
each other, we said a couple of things with going
to Africa.
Speaker 6 (20:21):
We're going to Africa and we're going to see you in.
Speaker 2 (20:23):
August said, amazing. You know what what we were talking about.
Speaker 1 (20:27):
To bring you full circle, actually is what made me
think about things in the school and education in the
school is that I've.
Speaker 2 (20:34):
Been doing these events with Chase, which you guys are doing.
They're doing your.
Speaker 1 (20:37):
Show to the Hulu show, right the Chase Chase Freedom Rise.
So they were having these events. They had me go
to Brooklyn. I went to the Bronx and it was
all meeting with parents, parents, but people not parents, people
who have young adults who want to like.
Speaker 2 (20:51):
Introduce them to these things.
Speaker 1 (20:52):
And so some of the kids came from the schools,
and I realized that the people were the most questions.
By the way, I was not the financial expert. I
was just the whole most of the event. And then
there were people explaining to them freedom rising. But the
people who are most interested and had the most questions
and were the most like, we're the young people because
this is their life, is their future, this is you
(21:13):
know so, and they need information. They're like starving for
information about how to get money. When I get it,
what do I do with it? Worried about the mistakes
they make?
Speaker 2 (21:22):
And I don't know. It just made me.
Speaker 1 (21:24):
Feel sad that it's not basic education system that we
you know.
Speaker 3 (21:35):
No, it's great.
Speaker 1 (21:36):
No, the event was great and the kids were great.
When I say kids, they're college students, young adults.
Speaker 5 (21:41):
They're right at that point in life where it's either
they going to figure this out by trial and error,
which we hope doesn't happen and we've been victims of that,
or they can have the education and use it in
a correct way and potentially leverage the education, especially when
it comes around credit, to benefit them, like we fall
victims to that so many times, especially in college where
it's like I have no job, I have no money,
(22:03):
I'm on campus.
Speaker 6 (22:04):
There goes those people that are offering me a two
hundred dollars limit. I mean, I'll take.
Speaker 3 (22:09):
What are they okay?
Speaker 2 (22:10):
But what do they do. What's the advice?
Speaker 5 (22:12):
The advice is always get the education first, right, I think,
and I was a victim of that.
Speaker 8 (22:17):
Right.
Speaker 5 (22:17):
It was two hundred dollar credit limit. I didn't know
what an APR was, right. I didn't know what the
annual percentage rate that I had to pay back on that.
I didn't understand what a credit score was, like, I
didn't understand the utilization rates.
Speaker 6 (22:30):
And so I got the two hundred.
Speaker 5 (22:31):
I'm spending the two hundred, right if I paid by
what's my minimum payment? I think that's like one of
those key things that people got to be, like the
minimum payment always fifteen dollars. I'll pay fifteen dollars every
time that I don't pay back that two hundred, that
thirty percent or twenty five percent interest rate. It just
keeps raising and keeps raising. And then what they'll do
something slicker like, oh, you use two hundred and you
paid back twenty you know what, let's raise you up
(22:52):
to four hundred and see if you do the same.
And then that habit of just like raising the limit,
raising limit and then spending up to the limit. You
it keeps you in that cycle of paying off that
debt and so that education piece is important.
Speaker 2 (23:05):
So what do you tell that kid? What is the
number one thing they can do?
Speaker 1 (23:08):
Like is it in terms of the saving is in
terms of I think.
Speaker 2 (23:13):
Is it paying off?
Speaker 7 (23:14):
Like?
Speaker 6 (23:14):
What is the it's important.
Speaker 5 (23:15):
I don't discourage them from getting a credit card because
you have to establish credit, like that's one of those things,
like you got to have credit history, and it's also
important to have age on your credit. So how long
have you great credit? Because it's really a trustworthy system, right,
how much will an institution trust you? So I encourage it,
but then teach them about what utilization is. Right, if
they give you two hundred, how much of that can
(23:36):
you use? We always tell them thirty percent or less? Right,
I'll tell people ten percent or less. So if you've
got the two hundred, use twenty five to thirty dollars.
And that could be something that as quick as like
I'm only using this card to get coffee.
Speaker 1 (23:49):
So you use that as a way to keep get
your credit rolling without going into.
Speaker 5 (23:54):
This exactly, and be disciplined about that. And the more
you do that, then you'll start to see the increase
on the limit. Now it's four hundred, all right, Well
you have a four hundred destilla. All right, well what's
ten percent of that? All right, well, now I could
use forty all right, I'm still using Maybe I'm doing
gas once a month with this card to establish credit,
which is really the trustworthiness and then say all right,
well I've shown that I'm trustworthy here, maybe I can
(24:14):
go here and get credit as well. So now you
have a mixture, and that's something that want.
Speaker 2 (24:17):
The right direction, your wheels going in the right direction.
You ever get tired of talking about this type of stuff?
Speaker 5 (24:21):
No, no, because everybody, every day you get questioned about it.
But it's always an opportunity to teach. I'm a teacher
about nature, like that's what I went to school for.
So anytime I get to educate people, it's like, all right,
let's do this.
Speaker 3 (24:33):
Yeah, and you sometimes.
Speaker 2 (24:39):
Like to do this twenty five times.
Speaker 3 (24:43):
Keep telling you the book.
Speaker 2 (24:45):
Get the book.
Speaker 3 (24:47):
It's on YouTube.
Speaker 2 (24:49):
Now you got to keep telling people. You gotta keep
because somebody missed it last time. You said.
Speaker 6 (24:55):
Joy number.
Speaker 2 (24:57):
You just want to talk about rap all day. Fact,
I feel you on that, but I also have that
de side of me.
Speaker 3 (25:07):
Yeah right.
Speaker 1 (25:08):
Also, by the way, so that he doesn't have to
keep repeating himself, there's a show that you can watch
Foundation Forward.
Speaker 3 (25:14):
Yeah, so shout out to Chase what I did there? Yeah,
that's all.
Speaker 4 (25:18):
Hulu and U And actually speaking of now, it's partnership
with Massafille.
Speaker 3 (25:23):
I love that.
Speaker 7 (25:23):
Look at you working with your legends.
Speaker 4 (25:26):
Yeah so yeah, so you know that show is important
because it's a way to connect with with that younger generation, right,
Like I think they have a different way that they
consume content when I say, like twenty two twenty one.
They don't even really watch long form podcasts too much,
like they'll watch like, you know, more short form.
Speaker 3 (25:45):
So TikTok, Yeah, TikTok.
Speaker 4 (25:47):
So the episode is like eight minutes, ten minutes smart
b roll, like you know, it's it's talking to one
person and it switches always another person. It's very engaging
and I think it was shot. It was done very
well and is talking about you know, mistakes about you know,
how to buy a home correctly and like you said,
credit limit and mistakes about credit and you know, things
(26:08):
that you may not get at home if your parents
didn't know, or even your peers, because your peers might
be going through the same thing that you're going through.
So I think it's a great way for young people,
really anybody, but I thinks especially for young people to
kind of have that on board to their credit journey
so they don't make mistakes because if you do make
a mistake, it can cost you in the long run.
So I want to make sure you start out on
(26:30):
the right foot. So you have Foundation Forward. It's on Hulu.
Speaker 2 (26:32):
Foundation Forward. How many episodes are.
Speaker 3 (26:36):
Episodes? Four?
Speaker 6 (26:37):
Okay, all right.
Speaker 2 (26:39):
So we can go catch up right now on that.
Speaker 3 (26:41):
You can watch the whole thing in like an hour.
Speaker 6 (26:42):
Perfect season one.
Speaker 2 (26:47):
Aka Chase Freedom.
Speaker 1 (26:50):
Let's re up, guys, and also let's get this program
in all the schools and any way that we can support.
How can we support you in that effort?
Speaker 3 (27:01):
How well?
Speaker 4 (27:03):
Okay, we gotta let the elected officials know that that's important.
So whoever it gets elected. Looks like Mondnnie, it looks
like he's going to be the front runner, so if he,
if he is elected, you know, we gotta advocate for
things that's important to us. And I think that that's
one of the most important things as far as that.
(27:23):
And also it's important of who's the head of education.
So I personally think that Jamal Bowman is a good
choice because he was actually a principal before all of this,
and then he was in Congress, so he has he
has actually best of both worlds. So and he and
he's I know he's close to Mondnnie, So I don't know.
I haven't spoken to him, but to me, that would
(27:44):
make a perfect person because he's actually been in the
trenches as far as dealing with all the bureaucracy in
the schools. So we got to advocate and h yeah,
hopefully you know, we can have a new administration that
really prioritizes financial literacy at the grass rooms.
Speaker 3 (27:59):
Love, look at y'all.
Speaker 1 (28:01):
Amen, Amen, come on now there this guys, we're shine
and try really go watch the.
Speaker 3 (28:11):
Show on Hulu.
Speaker 2 (28:13):
Hulu.
Speaker 3 (28:13):
Thanks guys, thank you,
Fout five point one baby Newyorks hip Hop and R
and B are Alesia, Rashad and Troy in the building today.
Speaker 2 (00:17):
Appreciate you back in the building.
Speaker 1 (00:21):
Every time my money is doing something weird, or I
spend too much on something, or I get anxiety about something,
or you know, whatever I think of you guys, appreciate it.
You know, like what would what would Troy and Rashad do?
You should get like those things. What are people talking
to you like these recent times? Because times is tough
(00:41):
for a lot of people in a lot of different ways.
Speaker 2 (00:43):
What's the number one? What are people talking about to you?
What are they coming to you with? Right now?
Speaker 3 (00:48):
Stocks?
Speaker 4 (00:48):
You know, stocks have done very well, so they they're
a little nervous, like, oh, we're gonna have a pullback?
Is it going to be a market crash? It's bigcoin
gone crash. I think people are just real nervous right
now because the economy has been shaky, but the market
is not reflecting that. The market is doing really really
well and has done well, so they think like, okay,
eventually this is all this is going to come collapsing down. So,
(01:11):
you know, a lot of people are nervous about that
like they're four on one k's money that they've invested,
like they don't want to they don't want to get
hurt in the market. So a lot of people kind
of nervous about that right now.
Speaker 5 (01:20):
I think that's one A and one B is they
see us traveling a lot to the continent, So you
want to know what's happening in Africa.
Speaker 2 (01:27):
When you say they, that's me. I'm one of those people.
Speaker 1 (01:30):
I text you both recently or what I just text you.
I text you both in the chat about that. I
want to have some of these experiences that you guys
are seeing. Tell me what's happening there and what your
roles are there, what's going on.
Speaker 6 (01:43):
I mean, there's a lot going on.
Speaker 5 (01:45):
We've had the luxury of traveling to nine different countries
over the past few months, and so our idea was,
you know, when people see us, they think business and
they think opportunity. So we have an opportunity to go
to different countries and explore that and really see what's
happening on the continent, what's happening in terms of government.
Speaker 6 (02:01):
How people can actually invest.
Speaker 5 (02:02):
But we also have the opportunity to shape narrative and
that's something that's super important. We where it was feed
the kids, send a dollar.
Speaker 2 (02:10):
There's a h you put it in somebody else's hands.
Speaker 5 (02:12):
And then when you go there and you see like, nah,
there's like actual business that's taking place, there's actual opportunities
that's taking place.
Speaker 6 (02:18):
All the minerals are there.
Speaker 5 (02:20):
And so by us doing that, now more people think
that it's something that they should do and how can
they be involved, which is a great thing.
Speaker 2 (02:27):
So when did you realize that you guys could do that,
that you had that power.
Speaker 7 (02:30):
That's power Africa just a shape narrative, shape narrative early on, well,
I think just realizing that, you know, what we said
had a lot of influence in people, right and what
they do and how they view things.
Speaker 4 (02:43):
And you start to realize you start to study media
and you start to understand propaganda. Then you start to
understand positive propaganda. Right then you start to understand why
media is so valuable. I mean, you know media, but
most people don't really fully understand or appreciate media, and
even new age media they just disregarded, like you know,
influences the social media. But you start to realize, like
(03:05):
this really has the power to change people's perspective to
really shape the world politics or so much stuff. So
it's definitely something.
Speaker 1 (03:13):
Does it ever trip you out? Like you guys haven't
thought about something you share and you see it. Actually,
I don't know, just going to different places in all.
Speaker 4 (03:20):
The countries, because Ghana's been on the map for a while.
In Nigeria, there's so many Nigerian shouts, all the Nigerian's
out there. There's so many other countries in Africa that
nobody like we just came back from Guinea Vath majority
people not even heard of Guinea before, right, Or Kote
Var which is the Ivory coast, or you know Senegal.
Or we go to Rwanda and people see in Rwanda
(03:41):
the last time they saw Rwanda was Hotel Rwanda and
don Chito and they see what Wana like this is beautiful,
this is amazing country. And then like going to Kenya
and actually showing them the Safari in real time. So
it's it's the places that people are not even thinking about.
Like you said Benin, nobody was really thinking about Benin
like that, right, So it's like there's so many any
hidden gems that I think like they get so exciting.
Speaker 2 (04:04):
Part of that right, so exciting.
Speaker 5 (04:06):
You get to uncover things I said, like, think about
a continent that's around about water, but we never think
of a luxury beach.
Speaker 6 (04:11):
On it in Africa.
Speaker 2 (04:12):
That's ridiculous.
Speaker 5 (04:13):
It's ridiculous. And so like when people see us posted,
they're like where are you? Like where in Africa? Yeah,
there are beaches in this coastal properties and all that exists.
It's that people haven't decided that that's a place that
they want to venture. And obviously there's language barriers. But
I'm like, look, if you can go to Paris, you
can go to Cultivar, they speak the same language. Right,
you can go to Belin, they speak the same language.
It's just that we have to really change that narroive
(04:34):
and sy like, this is a place that you actually.
Speaker 6 (04:36):
Need to go and this opportunity.
Speaker 5 (04:37):
So infrastructure is being built, but we have to see
opportunities in it ourselves.
Speaker 2 (04:41):
But it hasn't changed your view of yourselves.
Speaker 1 (04:43):
Like I would imagine you started this journey, what you
guys have been building with a specific kind of goal, educating,
talking about financial literacy and free like you.
Speaker 2 (04:54):
Probably had certain goals that now.
Speaker 1 (04:56):
You have probably shifted evolved is a better word involved,
like a bigger picture of things that you.
Speaker 4 (05:04):
Get like yeah, I mean even then, they did a study.
Wall Street Journal did a study about how how many
black people open brokerage accounts over the last like five years,
and it's been record breaking numbers. So I mean, I
think that we would have to play a part in that, right,
So just understanding the power of your voice is extremely important,
which is also something that I think every person in
(05:26):
new age media needs to take responsibility for because there's
a lot of harmful messages. Let's just say that that
that gets repeated online and it's not helpful.
Speaker 3 (05:36):
And like what give me celebrity?
Speaker 2 (05:39):
You don't want to highlight it, but debunking celebrity gods.
Speaker 4 (05:41):
I mean, just something that's just like not really useful,
like celebrity gossip NonStop, right man, woman, fifty to fifty
relationship NonStop, Like you know what I mean, Like just
even talking about Africa, like the diaspora wars, like talking
about how Africans don't like black people in America are
talking about like the vice versicine a lot I see
a lot of and I get it because it catches
(06:03):
the algorithm. But people I don't think people understand the
power of their voice. They probably just looking at it like, hey,
I'm just getting views. You know, this is just my hustle.
But it's like you're really influencing people, You're causing division,
You're making people, you know, become dumber, and it's really
not helpful. And it's like, you know, we get bombarded.
Our community gets bombarded with that NonStop. So I think
that people really really understood the power of their platform.
(06:26):
Hopefully they would just have some level of more responsible
ways to use it.
Speaker 5 (06:31):
Like we over index on that, like the nonsense. We
over index it because we like to be entertained. But
I think what you're saying is important, right, Like when
we walk in people like, oh, those are those are
the guys that know finance, Those are the guys that
can help me with my credit. Those are the guys
that are doing something in Africa. So that changes narrative, right, So,
like that brokens account thing is real because when people
see this, they want to talk stocks. They could be
talking about like who the best rapper is? We could
(06:52):
do that too, but like.
Speaker 2 (06:53):
Who is the best rapper? Okay, okay? In twenty twenty five.
Speaker 6 (07:02):
In twenty twenty five Kendrick.
Speaker 2 (07:04):
Okay this week.
Speaker 5 (07:08):
Still Drake and I'm a Drake fan, But yes.
Speaker 2 (07:14):
Could you still do you find you could be a
Drake fan and a Kendrick fan at the same time?
Speaker 6 (07:17):
One hundred percent? I went to Toronto.
Speaker 2 (07:19):
You know, I ever feel conflicted?
Speaker 5 (07:20):
I don't because I'm a fan of music, and I
grew up in the era where it was like I
love Jay and I love NAS and I love Big Empire.
Speaker 6 (07:28):
We grew up in the era. It's a different era
for sure.
Speaker 2 (07:30):
I feel the same way by the way you a
you and me I am you way anyway, you know
what I mean. It's been a long day. I'm sorry,
but I totally agree. But not the rest of the world.
Speaker 6 (07:41):
No, you divided?
Speaker 2 (07:42):
Did you pick a.
Speaker 3 (07:43):
Side or Drake and Kendrick? Yeah, not like both of them.
I mean I listen, you.
Speaker 2 (07:47):
Have a pick a side? Are you a pick a side?
Speaker 3 (07:48):
Guy? Yeah? Sure, he's a big side. I got you,
I got you fully invested j or notas No, that
was that's personal though. That's just some personal.
Speaker 2 (08:01):
Really pitched you.
Speaker 4 (08:05):
Like like Nas that's my favorite ever Yeah.
Speaker 3 (08:11):
Yeah, I can't never That's like the Yankees a big
park to me.
Speaker 4 (08:18):
Yeah, you know what, I wasn't fully invested in that, though,
I'm be completely honest, it's not I wasn't fully invested
in that because I wasn't a huge big fan and
I wasn't a.
Speaker 3 (08:27):
Huge Park fan.
Speaker 4 (08:29):
But I feel like the nas thing I was invested
was invested in that.
Speaker 2 (08:33):
You were not invested in like Drake and and uh
not the same way.
Speaker 3 (08:37):
Like even Jim, like, no, shout out to Jim, that's
my guy.
Speaker 4 (08:39):
But I mean when they like I was mad at
Jim Jones with this and not like I mean that's
how I took it personal.
Speaker 2 (08:44):
Like a fan, but you was like ready to go
to war for not Prodigy.
Speaker 4 (08:48):
I almost got into a fight with somebody I was
in middle school of a prodigy like that was these
are guys that I'm fully invested in.
Speaker 2 (08:54):
You can fight Prodigy.
Speaker 3 (08:57):
I was almost got into a fight about Prodigy. This
is back.
Speaker 2 (09:00):
What was the what was the conflict?
Speaker 3 (09:02):
What was the argument?
Speaker 4 (09:02):
Was just saying that he wasn't good, Like you know,
somebody was saying he wasn't the best, but he was
just saying like, yeah, he wasn't. They was pretty much
disrespected on like you know, I all that what I
used to get in argument for I was about that
about Nasot, because you know, you either love nas or
you think like like your nas He too d be
rapping about stuff.
Speaker 3 (09:23):
I ain't trying to. I'm like, you listen to what
he's saying. Have you heard the bars? Have you broke
down the sixteenth or not?
Speaker 6 (09:28):
We had this argument in front of none.
Speaker 5 (09:30):
Wait he said so he told he said in nineteen
and ninety five. And he's like, listen, Proby is the
best rapper on the planet. And I'm like, that cannot
be possible. If Nazia Jones existed, if Christopher Wilas was here,
how can that just be? It can't be true. Now,
I was just sitting there listening to us argue about it,
like he was like, it's debatable.
Speaker 6 (09:51):
He was probably he was spinning.
Speaker 5 (09:53):
I was like, but you're here, like you were here,
so how could he be the best? So you had
this in front of him, in front of him, it
was a great moment.
Speaker 2 (09:58):
That's pretty that's pretty magy.
Speaker 3 (10:00):
That was great.
Speaker 2 (10:00):
That's on the highlight reel.
Speaker 5 (10:01):
I'm sure it's in my Like that night, like we
had dinner for like four hours. Probably one of the
best moments in hip hop for me or just in
life of me.
Speaker 3 (10:09):
We looked up to this guy.
Speaker 4 (10:10):
But now now I'm just a casual. Now I'm a casual,
I'm not. I'm not a diehard fan like I used
to be. I'm a casual fan.
Speaker 2 (10:16):
So I could he got downgraded?
Speaker 3 (10:18):
No, no, no, a casual fan of hip hop?
Speaker 2 (10:20):
Hip hop?
Speaker 4 (10:21):
Yeah, So I don't like Drake Kendrick. I could appreciate.
But if I was like because they said some disrespectful
things about each other. So if I was in my
diehard face, you gotta pick a side, and you can't
if you're a diehard Kendrick fan, how could you be
a Drake fan?
Speaker 2 (10:34):
Are you some?
Speaker 1 (10:35):
Do you feel like there should be rules? Like this
whole thing that happened with Nikki and Cardy and the
kids and fertility and all types of that, that's beyond Yeah,
you don't like it.
Speaker 3 (10:46):
To me, he don't like it. You look like to me,
that Kendrick Lamar record, that's the most disrespectful. I said that.
Speaker 4 (10:53):
That's more disrespectful than Tupac hit him up to me
because he wrote a letter to his son like that
is just a different level of diabolical I got some
points on you, like if you if you think about it,
he wrote a whole letter to his son, his mother,
and his.
Speaker 6 (11:09):
Father and potential daughter at some point.
Speaker 4 (11:11):
That's so, that is so crazy that what I'm saying
like that was so crazy, Like now you know what
I know?
Speaker 3 (11:19):
I feel like, should I laugh?
Speaker 6 (11:20):
No, it's crazy.
Speaker 3 (11:21):
It's crazy because.
Speaker 2 (11:23):
Somebody is here if I laughed to her, because it's
really funny what you're saying. But also we're so sensitive.
Everybody's so sensitive.
Speaker 6 (11:29):
It's tough.
Speaker 3 (11:31):
Not the eye.
Speaker 6 (11:32):
It's because I went to Toronto to the Kendrick Show.
I just wanted to see how the city would.
Speaker 2 (11:39):
You went there to see you wanted to see something.
Speaker 5 (11:41):
I want to see. I saw the show in New York.
I thought it was incredible. I wanted to see how
Toronto will receive it. So I was there and I'm
sitting there, I'm like, I can't believe this, Like I'm
listening to this city who he's put on for for
fifteen years actually chanting this and then like asking for
him to do the song again.
Speaker 3 (11:58):
I'm like, but that was a lot of Yeah, I
was the core Toronto.
Speaker 2 (12:01):
But also, let's be honest.
Speaker 3 (12:03):
That was Niagara Falls.
Speaker 8 (12:06):
Naga fans, they'd be because they'll do that. And then
if if there was an intermission an hour later, Drake
popped out and hit you with some hits.
Speaker 2 (12:17):
Dan's gonna be right, The fans are gonna be right.
Speaker 1 (12:19):
It's always with fans, it boils down to the music.
Ninety percent of the time. There are the die hard
fans that will fight you in the lunch room of
a prodigy or whatever. But for most fans, I feel
like life is fucking lifing. They like their favorite song,
make the Good music. Got Tupac, Biggie Tupac, Biggy got
real West Coast, West Coast well because they gave people
something to cling on to, which is you're representing your
(12:42):
town now now it's more than just the artists, and
so people bought into that.
Speaker 6 (12:46):
So now look we got we got la Vers Toronto.
Speaker 2 (12:49):
It's the same thing they do in series.
Speaker 1 (12:51):
Yeah, and in politics, it's like all of a sudden,
if you Democrat Republican, you can only you got to
stay on your side of the wall. Like everything, Like
you were saying, everything is so divine and same thing
as hip hop.
Speaker 6 (13:01):
Do the same thing, you know, the one thing that
unite people.
Speaker 2 (13:04):
What money m hmm, everybody loves it?
Speaker 6 (13:07):
Right, we forget how we got So.
Speaker 2 (13:09):
Where do we met? Where do we mix? Where does
where do we separate? What to do with it?
Speaker 3 (13:13):
How to? How to?
Speaker 6 (13:15):
I think we're at the crossroads here.
Speaker 2 (13:19):
That was pure Like you're a media guy.
Speaker 6 (13:22):
Now no, no, he's.
Speaker 2 (13:23):
Just he's not a money guy. He's a media scholar.
Speaker 3 (13:27):
Like it's important media.
Speaker 5 (13:31):
An inflection period, right, Like we keep talking about this
next two to three years, and it's important that we
learned that we have to invest. It's the only way
to build wealth and technology is moving, so how do
we do that? But if we don't focus on the
right things in this moment, we're going to get lost.
Speaker 6 (13:46):
And we've been lost for so long. Like that's encouraging
to hear.
Speaker 5 (13:48):
That people have open broken accounts, but there's so many
more people that don't have any financial literacy.
Speaker 6 (13:53):
They don't have financial fluency.
Speaker 5 (13:55):
And so with the way that the market is moving,
the way the economy is moving, there's about to be
a new change in government here in New York City.
We need to figure out where we're going to be,
how we're going to play a role in it or
that that gap that they talk about, like I don't
like to call it the rate. That wealth gap is
going to be so far gone that it's going to
(14:15):
be impossible to catch up.
Speaker 1 (14:16):
Are you saying any improvement on education with finance? I'm
talking about like in school systems or any of that.
Like I if one of these mayors could say to me,
if I could disagree with eighty percent away he did,
But one of these mayors would say to me, in
public school systems, this is now mandatory to teach kids
about this, this, and this.
Speaker 2 (14:36):
That could swear me that that we're going to teach
our kids in public school saying that about No, Like, seriously,
I think about it.
Speaker 3 (14:44):
Now, we do have a curriculum that's in schools now.
Speaker 6 (14:49):
I don't even know I was, she's a legend.
Speaker 4 (14:54):
Now we have a curriculum that's in twenty high schools
in the Bronx right now and trying to get it,
trying to get it city wide. So yeah, the next mayor,
whoever the next mayor is, that should be top of this.
Speaker 2 (15:03):
These your guys next mayor.
Speaker 6 (15:05):
So we were close, right, we were, We were very close.
Speaker 5 (15:10):
We had a press conference that was scheduled to happen
September twenty fifth of last year, and if you look
at the calendar, it's the same day that the indictment
comes in for the mayor. So like, press conference canceled
and then we have to put that on hold. But
hopefully with the new administration, we'll be able to launch that.
Speaker 3 (15:25):
Yeah, a few things happened, but you.
Speaker 1 (15:26):
Know what will happened was Okay, wait a minute, so no,
come on, don't do that.
Speaker 4 (15:33):
Yeah, it was just a new you know, the administration
had a lot going on. So one of the people
that had a lot going on was the Also the
had an education Yes, so when they came down, a
lot of people, you know, it was thor the thor
hammer came down, So.
Speaker 2 (15:50):
So it put the monkey wrench and what you guys
had going on, which was actually gonna be a great thing.
Speaker 6 (15:55):
And it still is going to be.
Speaker 3 (15:56):
Yeah, sometimes things have unintended consequences.
Speaker 1 (15:59):
Yeah, so sometimes maybe this is two for another day.
This is a conversation, because this is a longer conversation.
There's so much I'm gonna just touch on it if
you have something quick to say. There's so much always
conversation about how we're gonna get things done, and then
what happens is before anything can get done, everybody's divided
because not ever everybody agrees on how you're getting done.
(16:21):
I was thinking about Jay and the NFL is one
version of that, or even what's happening with the casinos
or things like that. There's so many ways where the
people might think they're trying to push things forward with
these programs or whatever, but then internally, even as a culture,
we start chopping each other's head off before we can
actually get anything done.
Speaker 4 (16:40):
That's why sometimes it's just better not to say anything
until it's actually done, because once people start hearing about anything,
somebody's gonna have something negative to say about anything. You
could say, I'm giving away one hundred dollars to every
sick person in the hospital, and there's gonna be somebody
online that's going to create a whole narrative of why
that's a bad idea and how why you're not doing
one hundred and fifty, And then you give it a
hundred to this hospital or not hospital, and then it's
(17:01):
going and then before you know, it's gonna be a
whole online debate, and then, like you said, nothing actually.
Speaker 3 (17:05):
Ends up happening. People like to argue and nobody really
likes to do things.
Speaker 4 (17:08):
So yeah, that's but at the political system that we're
in right now, Like that's that's the government shut down
because of that, Like people would rather argue blame each
other than actually come and sit down at the table
and act like adults. So it says a lot about
the times that we're in. But you know, bureaucracy is
a real thing when you're trying and get things done,
and something like the school district that's a huge hurdle
(17:31):
to pass as far as you know, getting so much
red tape done and government anything like that. So that's
why like business is easier sometimes because it's like you
just got to get things done. Like it might be
a CEO, it might be a couple of people. When
you go through the government route, you got to convince
this person and that person and that person.
Speaker 1 (17:46):
Are you trying to do that with the school program?
Is the government route is that you have to go through? Yeah?
Speaker 3 (17:50):
The government?
Speaker 2 (17:51):
Yeah, because you're trying to do it in a public school.
Speaker 5 (17:53):
If you want to make it mandated, then obviously the
city has to do it to prove it. But it
has to be stay right because if kids have to
take it, then it has to be part of a
requirement than a state education.
Speaker 3 (18:02):
Boys.
Speaker 2 (18:03):
So we got to sit down and have dinners with people.
Maybe you don't like.
Speaker 6 (18:06):
We like everybody. Do you know are you hearing things?
Speaker 3 (18:13):
No?
Speaker 2 (18:14):
I think it's important for people to know that. Yeah,
sometimes you got it.
Speaker 3 (18:17):
Yeah, it's not easy. That's still that's the point for.
Speaker 2 (18:19):
People to figure out how to navigate progress.
Speaker 5 (18:21):
That's part of it, right, even even if you don't
like them, and we've seen that a bunch of times.
If we can do business together and it can benefit people,
even if we don't have to like each other, can
we agree to do business and do good business like
that's an importantlesson. A lot of times we get caught
up on I don't like him, I don't like a
I can't If you sat down, you could probably come
up something together that could be beneficial for you.
Speaker 3 (18:41):
But also even bigger than that.
Speaker 4 (18:44):
We had the last presidential administration, we had a meeting
with the head of Education and we sat down in
the Department of Education in Washington and we had like
a two hour meeting and we were working on some
things with that.
Speaker 3 (18:57):
Obviously that now don't even know if they're Department.
Speaker 6 (19:00):
Of Education, there is Linda McMahon, I know, in the.
Speaker 3 (19:04):
Process of dismantling.
Speaker 4 (19:05):
So yeah, a lot of times when you're dealing with politics,
it gets a little tricky because you might be in
favor and then a few months later you know that
could be statewide, that could be citywide, that could be
national wide, and it's like.
Speaker 1 (19:18):
I'm so sad for you in a world community, so
that that is that hard to do something this obvious
and don'pe.
Speaker 6 (19:25):
Like it feels very obvious. But that's important too.
Speaker 5 (19:28):
So like we have our own platform so we can
still teach, and when we travel, that's also an opportunity, right,
So the things that are limited here, it gives us
access to Hey, we can potentially bring it here.
Speaker 3 (19:39):
Right.
Speaker 5 (19:39):
So when we go to Ghana and we're talking about
a population or the continent that is under thirty, like
seventy five percent of the continent is under the age.
Speaker 6 (19:47):
Of thirty, that's is that right? Yeah?
Speaker 5 (19:49):
Yeah, So that's a huge base of people who may
not have some of the skills that we can can provide.
Speaker 6 (19:54):
So at least we just got to see as opportunity.
Speaker 2 (19:57):
I love that I just had to write something down
about that. I didn't want to. I saw you look,
so I was trying to be quiet while I don't
forget it was about Ghana or something about Ghana. I
wasn't not listening.
Speaker 5 (20:16):
I was just we said the last time we saw
each other, we said a couple of things with going
to Africa.
Speaker 6 (20:21):
We're going to Africa and we're going to see you in.
Speaker 2 (20:23):
August said, amazing. You know what what we were talking about.
Speaker 1 (20:27):
To bring you full circle, actually is what made me
think about things in the school and education in the
school is that I've.
Speaker 2 (20:34):
Been doing these events with Chase, which you guys are doing.
They're doing your.
Speaker 1 (20:37):
Show to the Hulu show, right the Chase Chase Freedom Rise.
So they were having these events. They had me go
to Brooklyn. I went to the Bronx and it was
all meeting with parents, parents, but people not parents, people
who have young adults who want to like.
Speaker 2 (20:51):
Introduce them to these things.
Speaker 1 (20:52):
And so some of the kids came from the schools,
and I realized that the people were the most questions.
By the way, I was not the financial expert. I
was just the whole most of the event. And then
there were people explaining to them freedom rising. But the
people who are most interested and had the most questions
and were the most like, we're the young people because
this is their life, is their future, this is you
(21:13):
know so, and they need information. They're like starving for
information about how to get money. When I get it,
what do I do with it? Worried about the mistakes
they make?
Speaker 2 (21:22):
And I don't know. It just made me.
Speaker 1 (21:24):
Feel sad that it's not basic education system that we
you know.
Speaker 3 (21:35):
No, it's great.
Speaker 1 (21:36):
No, the event was great and the kids were great.
When I say kids, they're college students, young adults.
Speaker 5 (21:41):
They're right at that point in life where it's either
they going to figure this out by trial and error,
which we hope doesn't happen and we've been victims of that,
or they can have the education and use it in
a correct way and potentially leverage the education, especially when
it comes around credit, to benefit them, like we fall
victims to that so many times, especially in college where
it's like I have no job, I have no money,
(22:03):
I'm on campus.
Speaker 6 (22:04):
There goes those people that are offering me a two
hundred dollars limit. I mean, I'll take.
Speaker 3 (22:09):
What are they okay?
Speaker 2 (22:10):
But what do they do. What's the advice?
Speaker 5 (22:12):
The advice is always get the education first, right, I think,
and I was a victim of that.
Speaker 8 (22:17):
Right.
Speaker 5 (22:17):
It was two hundred dollar credit limit. I didn't know
what an APR was, right. I didn't know what the
annual percentage rate that I had to pay back on that.
I didn't understand what a credit score was, like, I
didn't understand the utilization rates.
Speaker 6 (22:30):
And so I got the two hundred.
Speaker 5 (22:31):
I'm spending the two hundred, right if I paid by
what's my minimum payment? I think that's like one of
those key things that people got to be, like the
minimum payment always fifteen dollars. I'll pay fifteen dollars every
time that I don't pay back that two hundred, that
thirty percent or twenty five percent interest rate. It just
keeps raising and keeps raising. And then what they'll do
something slicker like, oh, you use two hundred and you
paid back twenty you know what, let's raise you up
(22:52):
to four hundred and see if you do the same.
And then that habit of just like raising the limit,
raising limit and then spending up to the limit. You
it keeps you in that cycle of paying off that
debt and so that education piece is important.
Speaker 2 (23:05):
So what do you tell that kid? What is the
number one thing they can do?
Speaker 1 (23:08):
Like is it in terms of the saving is in
terms of I think.
Speaker 2 (23:13):
Is it paying off?
Speaker 7 (23:14):
Like?
Speaker 6 (23:14):
What is the it's important.
Speaker 5 (23:15):
I don't discourage them from getting a credit card because
you have to establish credit, like that's one of those things,
like you got to have credit history, and it's also
important to have age on your credit. So how long
have you great credit? Because it's really a trustworthy system, right,
how much will an institution trust you? So I encourage it,
but then teach them about what utilization is. Right, if
they give you two hundred, how much of that can
(23:36):
you use? We always tell them thirty percent or less? Right,
I'll tell people ten percent or less. So if you've
got the two hundred, use twenty five to thirty dollars.
And that could be something that as quick as like
I'm only using this card to get coffee.
Speaker 1 (23:49):
So you use that as a way to keep get
your credit rolling without going into.
Speaker 5 (23:54):
This exactly, and be disciplined about that. And the more
you do that, then you'll start to see the increase
on the limit. Now it's four hundred, all right, Well
you have a four hundred destilla. All right, well what's
ten percent of that? All right, well, now I could
use forty all right, I'm still using Maybe I'm doing
gas once a month with this card to establish credit,
which is really the trustworthiness and then say all right,
well I've shown that I'm trustworthy here, maybe I can
(24:14):
go here and get credit as well. So now you
have a mixture, and that's something that want.
Speaker 2 (24:17):
The right direction, your wheels going in the right direction.
You ever get tired of talking about this type of stuff?
Speaker 5 (24:21):
No, no, because everybody, every day you get questioned about it.
But it's always an opportunity to teach. I'm a teacher
about nature, like that's what I went to school for.
So anytime I get to educate people, it's like, all right,
let's do this.
Speaker 3 (24:33):
Yeah, and you sometimes.
Speaker 2 (24:39):
Like to do this twenty five times.
Speaker 3 (24:43):
Keep telling you the book.
Speaker 2 (24:45):
Get the book.
Speaker 3 (24:47):
It's on YouTube.
Speaker 2 (24:49):
Now you got to keep telling people. You gotta keep
because somebody missed it last time. You said.
Speaker 6 (24:55):
Joy number.
Speaker 2 (24:57):
You just want to talk about rap all day. Fact,
I feel you on that, but I also have that
de side of me.
Speaker 3 (25:07):
Yeah right.
Speaker 1 (25:08):
Also, by the way, so that he doesn't have to
keep repeating himself, there's a show that you can watch
Foundation Forward.
Speaker 3 (25:14):
Yeah, so shout out to Chase what I did there? Yeah,
that's all.
Speaker 4 (25:18):
Hulu and U And actually speaking of now, it's partnership
with Massafille.
Speaker 3 (25:23):
I love that.
Speaker 7 (25:23):
Look at you working with your legends.
Speaker 4 (25:26):
Yeah so yeah, so you know that show is important
because it's a way to connect with with that younger generation, right,
Like I think they have a different way that they
consume content when I say, like twenty two twenty one.
They don't even really watch long form podcasts too much,
like they'll watch like, you know, more short form.
Speaker 3 (25:45):
So TikTok, Yeah, TikTok.
Speaker 4 (25:47):
So the episode is like eight minutes, ten minutes smart
b roll, like you know, it's it's talking to one
person and it switches always another person. It's very engaging
and I think it was shot. It was done very
well and is talking about you know, mistakes about you know,
how to buy a home correctly and like you said,
credit limit and mistakes about credit and you know, things
(26:08):
that you may not get at home if your parents
didn't know, or even your peers, because your peers might
be going through the same thing that you're going through.
So I think it's a great way for young people,
really anybody, but I thinks especially for young people to
kind of have that on board to their credit journey
so they don't make mistakes because if you do make
a mistake, it can cost you in the long run.
So I want to make sure you start out on
(26:30):
the right foot. So you have Foundation Forward. It's on Hulu.
Speaker 2 (26:32):
Foundation Forward. How many episodes are.
Speaker 3 (26:36):
Episodes? Four?
Speaker 6 (26:37):
Okay, all right.
Speaker 2 (26:39):
So we can go catch up right now on that.
Speaker 3 (26:41):
You can watch the whole thing in like an hour.
Speaker 6 (26:42):
Perfect season one.
Speaker 2 (26:47):
Aka Chase Freedom.
Speaker 1 (26:50):
Let's re up, guys, and also let's get this program
in all the schools and any way that we can support.
How can we support you in that effort?
Speaker 3 (27:01):
How well?
Speaker 4 (27:03):
Okay, we gotta let the elected officials know that that's important.
So whoever it gets elected. Looks like Mondnnie, it looks
like he's going to be the front runner, so if he,
if he is elected, you know, we gotta advocate for
things that's important to us. And I think that that's
one of the most important things as far as that.
(27:23):
And also it's important of who's the head of education.
So I personally think that Jamal Bowman is a good
choice because he was actually a principal before all of this,
and then he was in Congress, so he has he
has actually best of both worlds. So and he and
he's I know he's close to Mondnnie, So I don't know.
I haven't spoken to him, but to me, that would
(27:44):
make a perfect person because he's actually been in the
trenches as far as dealing with all the bureaucracy in
the schools. So we got to advocate and h yeah,
hopefully you know, we can have a new administration that
really prioritizes financial literacy at the grass rooms.
Speaker 3 (27:59):
Love, look at y'all.
Speaker 1 (28:01):
Amen, Amen, come on now there this guys, we're shine
and try really go watch the.
Speaker 3 (28:11):
Show on Hulu.
Speaker 2 (28:13):
Hulu.
Speaker 3 (28:13):
Thanks guys, thank you,
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