It's a Mad World, y'all.
We couldn't start our show today without acknowledging the troubling events of the last few days.
We eventually get down to business and take reader Angelique's question on sold off debt.
"When a lender sells my debt and closes the account, do I still owe that debt?"
We've got an answer for her and a huge Brown Ambition hug to everyone out there impacted by Lord Voldemort's refugee and muslim immigrant ban.
If you'd like to share your story, send us a note at Brownambitionpodcast.com or at firstname.lastname@example.org.
Mandi & Tiffany
Have you dumped your big bank yet?
On today's show, we've got a super special guest: Lisa Servon, author of the new book "The Unbanking of America: How the New Middle Class Survives" joins us for a conversation about how payday lenders and check cashing facilities are taking the place of big banks in our neighborhoods.
Lisa didn't just write about these businesses. She actually worked for months at a check cashing business in the South Bronx in New York City and a payday lender in Oakland, California, where she talked to real people using these services to find out why — and how banks have let them down.
On Servon's website, she has tips on how to ditch your big bank and find banks with lower fees: https://www.lisaservon.com/
Also on today's show:
Suffering from an Inaugural hangover? Here's one way to feel better: Speak Up! Contact your local representatives and tell them how you feel about the direction our country is heading. We have voices. Let's use them!
Here's where to find your local reps: https://www.usa.gov/elected-officials
Today's listener question: "Should I stop paying an account that's been charged off?"
So much to cover, so little time!
First of all, thank you for making January our biggest month for downloads yet!
If you haven't, please take 2 minutes to leave us a review on iTunes. This is a HUGE factor in how many people are able to find our show on iTunes, and every review counts!
Here are the hot topics and links we covered on today's show:
Mandi's Brown Boost this week featured two of her favorite money- and time-saving tools (these are NOT paid endorsements!)
LevelMoney: Find out exactly what you can afford to spend each day.
Hello Fresh: How she makes great dinners without ever going to the store.
Today's question: How do I even begin to find a financial planner?
Mandi's $246 Flights to Italy
For the full scoop on how Mandi used credit card points to book her honeymoon to Italy for $246, check out this post on Yahoo Finance >
Tiffany's win this week featured Lucinda Cross, founder of the "Activate Movement."
We've missed you and we're BACK BA Fam! On today's show:
-Find out how Mandi booked a European honeymoon for FREE and Tiffany got her wedding dress for FREE. We are kind of killing this wedding planning thing, y'all.
-All you need to know about joining Tiffany's Live Richer Challenge: Credit Edition, a free online program that will help you finally pay down your credit card debt.
To sign up visit http://LRCCredit.com.
-Balance Transfer: What it is, how to use one and mistakes to avoid.
-Mandi shares a Ted Talk that blew her mind and Tiffany opens up about learning to be a taker as well as a giver. See the Ted Talk here >