Happy 100th episode BA fam! Help us celebrate by leaving us a review on iTunes! xx
On today's show, we talk about the sneaky little secret Mandi has been keeping. She's a cash hoarder! And it's finally time to start thinking beyond the basic savings account and 401(k) and exploring other ways to invest, which we'll cover on today's show.
Also, we take questions from two listeners. One wants to know if Acorns is really a good app for investing and another wants to know if she should remove herself as an authorized user on her husband's credit card.
Note: Sorry in advance for the spotty audio. We use Skype and the company experienced serious service issues the night we recorded.
Watching the latest sexual harassment bombshell unfold, this time in the face of media mogul Harvey Weinstein, has been another opportunity to reflect on the enormous courage it takes to speak up and speak out against harassment.
We also cover Jemele Hill's recent suspension* by ESPN and the Dove Ad that is stirring up controversy.
Today's questions both pertain to the murky world of secured credit cards.
Please hit us up at brownambitionpodcast.com. if you have a question for the show.
One more episode till 100!!!!
*Correction: Hill was suspended not fired. Sorry for the mistake.
Our hearts are with the victims of the senseless attack in Las Vegas, as well as our fellow Americans in Puerto Rico still struggling in the wake of hurricane Maria.
We talk a bit about these tragedies on today's show and wanted to point out some ways you can help if you're feeling so moved:
GoFundMe has a dedicated page for Las Vegas shooting-related fundraisers: https://www.gofundme.com/raise-funds/las-vegas-shooting
You can also show solidarity like the hundreds who stood in line for hours to donate blood this week by signing up to donate blood wherever you live: http://www.redcross.org/give-blood
It's a packed show, per usual!
We address the NFL/Trump drama, cover an unexpected bump in the road for Tiffany and Superman's home purchase, and talk about the pros and cons of cooking in bulk (Hey - it's not for everyone).
We also address a pretty uncomfortable but important topic -- how do you ask your parents if they're prepared financially as they age? From writing a will to designating a power of attorney, these are the important and awkward things we should all be talking about with family as we get older.
Today's question is from listener Tiyana.
She asks: Can I rebuild my credit with a secured card?
Check out this guide on secured cards and how they can help you improve our credit. And tune in to hear our full answer on the show!
We also talk about Self Lender, a new type of online loan that lets you build credit. Is it worth it? We'll cover on the show. Check out this review of Self Lender on MagnifyMoney.
On today's show:
-What can you do to protect your identity after the MASSIVE Equifax data breach? We've got you covered!
As mentioned on the show, check out the MagnifyMoney Guide to Credit Monitoring and Identity Theft Protection and our tips on what to do after the hack.
-Happy 2nd Anniversary to us! Thanks for your continued support. If you haven't shown your love for us in the iTunes reviews yet, PLEASE leave us a review...and don't forget to tell a friend about the show! :)
-Tiffany's got a house update! Is it good news?
Today's question comes from listener Tracy:
"What do I do when my landlord's home goes into foreclosure and they want to evict me?"
For more information on how you can protect yourself in this situation, check out this article from the Consumer Financial Protection Bureau.
Happy Brown Ambition Wednesday! That's right — Brown Ambition is now airing Wednesday mornings.
On today's show...
-Mandi shares the truth about struggling at work — sometimes the struggle is really proof that you're growing.
-Tiffany has a housing update! Find out what happened with the foreclosure property she and Super Man placed a bid on this month.
-We have got to talk about that Maria Sharapova quote about Serena Williams....
Today's Question: Did my credit card company really just cancel my account because I fell behind on payments?
Wins: Issa Rae is the newest CoverGirl — what?!
*Correction: During last week's episode Mandi mistakenly confused Philando Castille with Alton B. Sterling -- Sterling was the man who was gunned down by police in Baton Rouge, Louisiana last year. Philando Castille, in whose name the fund "Philando Feeds the Children" was created to help fund school lunches, was gunned down by an officer in Falcon Heights, Minnesota.
Apologies for the mix up! And thanks to listener Kimiko for alerting us to the error.
Sorry, Tuesday, Brown Ambition has found a new bae call Wednesday!
Beginning Wednesday, Sept. 13 catch new episodes of Brown Ambition every Wednesday!
Sorry in advance for all the bad hump day jokes...
ATTENTION BA FAM: Beginning Sept. 13, Brown Ambition will be airing on Wednesday mornings! We are giving you a heads up so we don't catch anyone by surprise.
Enjoy the show!
As ever, please send us a note at brownambitionpodcast.com.
And while you're at it, please leave us a review! :)
It's finally here, BA Fam! A show entirely dedicated to YOUR questions about student loan debt.
We are joined by Angela Howze, a financial aid expert and owner of the Financial Literacy Institute, a nonprofit company that aims to help students and their families plan and pay for college without drowning in debt.
Here are some of the topics we cover on today's show:
To find a list of resources mentioned on the show, check out this Google Doc link >
If there's one thing we've taken away from the past weekend's sad events in Charlottesville, it's the need to continue to call it like we see it — whether that "it" is racism, bigotry, sexism, terrorism, or any targeted attack on a certain group of people.
We've all got eyes, hearts, and lives of our own. And they can't tell us what we are seeing, feeling and experiencing isn't real.
On today's show, we also discuss the importance of being your own self advocate in your life and especially in your career — even if it feels like the most uncomfortable thing in the world.
Thank you for your continued support! Please leave us a review on iTunes to let us know how you feel about the show.
xx Yours in Brown Ambition,
Mandi & Tiffany
Evita Robinson, Founder of the Nomadness Travel Tribe, joins the show to talk about how she created the company from scratch at the forefront of the black millennial travel movement, her plans to grow and how she deals with her competitors.
This episode originally aired June 27.
Another packed show, BA Fam!
We wish you all a happy Black Women's Equal Pay Day.
Check out this report by the Economic Policy Institute on the gender/racial pay gap that is effecting women of color in the U.S. — and some myths about why Black women are still so far behind in the fight for equal pay.
As always, stop by brownambitionpodcast.com to reach out with questions.
And please don't forget to leave us a review on iTunes! Your support helps us keep growing more and more with each episode.
Mandi & Tiffany
Welcome back, BA Fam!
On today's show, we swap medical billing nightmares and take a question from listener Latoya who says she was pursued for a medical debt she didn't owe. We offer tips on how to fight back when debts appear on your credit report that you know you don't owe, and share how Latoya was able to resolve her own medical billing nightmare.
As mentioned on the show, here's a link to https://clearhealthcosts.com/, where you can compare prices for many medical procedures in different ZIP codes.
Also, if you are looking for legal assistance fighting back against debt collectors, check out this list of legal aid resources by state on the Consumer Financial Protection Bureau website.
Have a question for us? Hit us up at brownambitionpodcast.com.
On today's show...
Tiffany does a quick debrief on Jay Z's 4:44 album and the financial lessons hidden in the lyrics...
Mandi recaps her visit to the National Museum of African American History and Culture in Washington, D.C.
Tiffany gives us a big health update after an awkward (?) yet educational visit to the doctor
We take a question from a listener who wants to know how she can prepare when she knows she'll be laid off and has nearly $40,000 worth of debt at the same time.
A recent survey found the average U.S. employee has only taken about half (54%) of their PTO days in the past 12 month. And we have just one question: BUT WHY THO???
Link mentioned in the show:
We are BACK with a packed show. On the agenda for today:
Tiffany reveals how she got $18k of her student loan debt *POOF* forgiven! And we are spinning off this segment into an entire show dedicated to student loan debt. That means we need YOU to send us your student debt questions by visiting brownambitionpodcast.com or sending us an email at brownambitionpodcast[at]gmail[dot]com.
We discuss Essencefest and Tiffany's observation that some of the most powerful women in business are secretly...MISERABLE? Apparently money can only buy so much happiness.
Then we take your questions:
-How do I remove myself as a cosigner on my relative's auto loan?
-Should I get a credit card outside of my credit union? (As promised, here's a link to MagnifyMoney's credit card search tool)
-How do my husband and I split the mortgage now that we're married?
Check out the latest issue of Fast Company! Brown Ambition was listed among the top 10 business podcasts to listen to. Thank you for your support!
In September 2011, Evita "Evie" Robinson created the Nomadness Travel Tribe, "an online social community for travelers all around the planet, who have the similarity of an urban background and were looking for likeminded travelers to connect with around the world."
What she did was kick off a new travel revolution, spurring thousands of travelers, the majority of whom are millennial black women, to pack a bag and see the world.
These days, Evie is laser focused on how to take Nomadness to the next level, from hosting events around the world to purchasing vacation properties and, of course, staking her claim as the mother of the black travel movement. This Fall, her first TED talk, in which she discusses the history of travel in African American communities from the days of Jim Crow and segregation to Nomadness today, will hit the web.
On facing adversity: "Sometimes the universe edges you into things. Life is really rough with me because I think it knows I can handle it. Sometimes it'll just kick you off the cliff and you've gotta free fall a little bit before you realize how to fly on your own."
On her four-year journey to a profitable business: "I'm not gonna make money one way. I'm gonna make money 10 ways...it's all about diversifying your income."
On facing competition from other black travel upstarts: "It's about innovating and thinking outside of the box and staying true as hell to who you are regardless of what other people are doing in your space."
Learn more about Nomadness at http://www.nomadnesstv.com/
Throughout her entire career in the banking industry, Marsha Barnes was always a diligent saver. But she never understood what she was saving for until two years ago. It was then that she decided to launch The Finance Bar, a startup mobile — yes, as in wheels — personal finance hub meant to empower people to take control of their finances. The journey wasn't always easy — Marsha sunk over $35,000 of her own savings into the business and didn't make money right away. When she finally quit her job in December 2016 to focus on the business, she took a huge gamble — on herself.
"What if you just wake up one day and there's something different that you want to do in life? How do you pivot?
For me, one day I woke up and I said 'I want to leave my job to do something that I really love to wake up and do.' And that is why I was saving money all along. I just didn’t realize it."
This episode has it all! We are joined by our favorite money and career expert, Lynette Khalfani-Cox aka "The Money Coach".
Lynette went from a career as a journalist to an entrepreneur commanding $12,500 speaking fees, authoring over a dozen books, and crafting financial courses for consumers and businesses alike. Her website is Askthemoneycoach.com.
On the show, Lynette shares her best advice on how to negotiate on the job. Her biggest tip? Know what your minimum salary requirement is before you even walk into an interview! And she has tips on how to find YOUR perfect number on today's show.
Then, Lynette not only answers YOUR questions about managing the cost of college, she tells you personal lessons she learned after sending off her eldest daughter to college last year.
Like many kids in college, her daughter struggled to adjust and when her GPA dropped below the 3.5 minimum for her tuition scholarship, Lynette and her family were suddenly faced with a $50,000 out of state tuition bill. She tells Brown Ambition the unique and BRILLIANT way she and her hubby decided to tackle that hurdle and shares other tough lessons she's learned about preparing her kids for college life.
We're back BA Fam!
On today's show:
Tiffany shares the highs (and hilarious lows) of her family vacation at Universal Studios.
Is Baby Prom really a thing? And why did a Philadelphia mother spend $25,000 on her son's pre-prom party? We break down the headlines.
Then we take reader "L"s question: Shes' $80,000 in debt and wants to know if bankruptcy is an option. We explain what really happens when you file bankruptcy and when it might be a good idea.
For more information about bankruptcy, check out MagnifyMoney's post here >
Our hearts are with the families and victims of last night's attack at an Ariana Grande concert in Manchester.
Spread a little love in the world today, BA fam — we could all use some!
Want to ask a question or share a story with us?
Hit us up on our Facebook page: Facebook.com/brownambition
As mentioned on the show, check out these helpful resources to find about more about student loan refi options:
Curious about opening an FSA? Check out these explainers.
What's an FSA? - Healthcare.gov
If you're new to the show and want to show your support, we would so appreciate it if you could leave us a review on iTunes. It gives us a huge boost and helps others find the show!
Yours in brown ambition,
Mandi & Tiffany
Thanks for letting us take a mini hiatus, BA Fam!
We are back with a packed show. So. Much. Has. Happened!
Bill O'Reilly is out of a job?
Shea Moisture lost their damn minds?
We cover it all.
And today's reader question comes from D: Was I right to tell my sister I wouldn't co-sign her mortgage?
Then, don't miss our interview with Blavity.com co-founder Morgan DeBaun, who's talking all about her new lifestyle brand 21ninety.com and how she's working to help other women -- including herself -- take better care of themselves both at work and at home.
This is our last episode before we take a brief hiatus so that Mandi can enjoy her honeymoon!
We will be back the week of May 8 with a brand new episode!
In the meantime, we are going out with a bang.
On this episode, we're cleaning out our inbox and answering some of your burning questions:
1. How did Tiffany really build her six-figure business? She is opening up and telling us the REAL truth -- the ugly truth -- about entrepreneurship.
2. What do I do if I'm not happy with my employer's 401(k) options?
3. How am I supposed to balance work, life, relationships and health?
You know how family sit coms used to always do one "wedding episode" and the entire thing revolved around all the drama surrounding the Big Day?
After a year of planning, our girl Mandi is FINALLY tied the knot April 7 in Savannah. Tiffany was there and she's spilling all the details.
Check out some pics of the Big Day below: