- And Brian, let me ask you a question. - What's up? - In the HR and payroll world that's filled with so many different systems, what advice would you get to someone who's looking to simplify things? - That is a great question. And it makes me think of this time that I was working for a consulting. It was crazy 'cause all the clients had different systems. A lot of times, like, you can use one system for your clients, but no, so I was terrified. And the one system that really stood out to me was Bamboo HR, made my life so much easier. Do what we did and get a free demo of bamboohr.com/freedemo. Get back to doing what you actually love in HR. Go to bamboohr.com/freedemo. That's bamboohr.com/freedemo. The last time on the show, I talked to a family member recently, he's like, you know, I don't do the risky things. So I may never be rich, but I will never be broke. Welcome back, folks, it is episode 52, which implies a full year of this show. Of consistent episodes, even though we're probably over a year because we got some bonuses in there. But yeah, so thanks for coming along in this ride and stick with us 'cause more great things to come. Today, we're gonna have a little fun and define what rich means. Well be rich, these type of things. But before we get into that, what's good, well? What's good? What's good? What's good, what's good, what's your bro? I don't know, good. Chillin'. Chillin' like a villain. No doubt, just aging ourselves with these sayings. I made up my first chopped cheese at home. Folio, New York is out there. And it was all right, you know. I stayed in 'em in New York there. And she said it was pretty solid. You know, so she, we're gonna work out what we need. Well check out Walt because he put out a big back challenge on TikTok. Talk about make a chopped cheese with two grilled cheese sandwiches. Yeah, I wanna see somebody do it, bro. Probably be so good. You don't have to eat it every day. Just like, wait, wait, wait. Once you hear it, just make something. Once you hear it. You know what, bro? No doubt. Good. Yeah, yeah, man. I'm good though. Yeah, I'm good, bro. Good. This is just getting my second wind or my 100th wind for that matter. Just coming out of that restful period. You know what I'm feeling? Motivated and back in, like I was selling Wolf off. Your relation. Yeah, I was selling Wolf offline that I just was stuck in a restful. I didn't wanna do no extra work. 'Cause this is extra work for me. We have nine to five, so like, right? And then, you know, so doing this show, prepping, all the things we do is extra. So... And we love it. No, no, yeah, 'cause yeah, we don't stop the show. I guess more so on the other things that we have planned, that's where I was just like, I don't wanna sit on my computer right now. I don't wanna sit on my couch. You know what I mean? So I'm just, but I'm now finally kind of coming out of that. And, you know, I can take my, you know, anyone who's coming out of that restful period and feeling good about things. And yeah, I'm gonna smile there. Yeah, everyone. Recharge. Yup. And we fucking ready to go there. Word up. So let's get-- Yeah, what are we talking about in some current event updates today? So I just wanted to... I'll sign up and prayers to everybody in LA. That's impacted by what's going on out there right now and everything. So definitely, you know, reach out to us, let us know what's going on. If you, you know, if you're listening to this show and you wanna help, I'm sure you can find out ways to help and stuff like that. So please do, let's do our part, you know, because we do this for the people and we do this to empower each other. And we all we got, you know, so let's do that. But I wanted to talk about things that people waste money on. Oh, okay. Okay. Oh, you know, I searched it and looked it up and it said these are things that people waste money on. Oh. Oh. Those unnecessary subscriptions. Yeah. So ever since. Software trials that you forget about. Yup. Trying to get some trial off. Seven, eight, oh, 14, eight, trial. Seven, eight, yup. The longer the free trial, the more you're gonna forget about it, yup. And you know, this was interesting, this next one. Unused office supplies that employees may buy for themselves and just never use it. Oh. Okay. Yeah. I can see that. You know, frequent eating out. We don't need to. You definitely don't need to eat out. We never need to eat out. That's the, that's the, that's the, that one is a for me. And that's to get stuck on it and remove that. But for me, if, if like, if you intentionally want to eat, I feel like you have to make a decision as a person and as a family, are you going to, do you want to eat out? Then making eat out your, then don't buy groceries, right? Don't buy a lot of groceries. Yeah. If you're going to eat out, then that's where your grocery money should go. But you, but you have to make it make sense. Right. Make it make sense. I eat out with, I buy for myself or I'm buying my lady, like, I always try to find something that I like, of course, but there's a lot of buy one, get one free or raise for instance. Oh. Oh. Buy one. You get something for free. So usually buy myself something and I have something for the next day, at least. Oh, that's pretty cool. You know what I'm saying? So that's, that's there's something that I strive as you that I like to do. Well, that's what I'm saying. Right. There you go. You're eating out and you're buying groceries, then you're weak, then you're, and if you can't afford that, then that's, that's a big money, then you're wasting money. Even if you can't afford it, like, you know, if you perfect episode to be talking about this, rich and wealthy, because if you're wealthy, yeah, if you're wealthy, it don't matter. Yeah. Yeah. So the next one is personal phone charges on your company phone plan. Personal phone charges. So I think, I think that maybe, maybe there might be some limitations that some certain phone, some certain companies have with their phone plans, baby. And I guess it's the saying that I've actually seen it to where there's been charges for on a phone company phone, because somebody did something or bought something or I think Ashley, I, the guy was on some chat line and some age at line on the company phone. Interesting. And it actually the company got the charges. Oh, okay. Cause maybe like if the phone is connected to their company credit car or the, and you try to use it up thinking you get, okay, that makes sense. Sure. Um, we're guiding gym memberships. Yep. Yeah. We're not forgotten. It's just not used and not canceled. Okay. And then, oh my gosh, this is interesting too. This is the last one, but this says, Phantom electricity under vices left, left plugged in. Oh, you're not using? Oh, yeah. These are, you, your toaster plugged in for coffee machine plugged in, you know, the air fryer stays plugged in. Those are pulling a lot of. I knew, I knew somebody that unplugged everything that wasn't necessary to be plugged in when they needed it. They plugged it in. Yep. Yeah. That's a lot of the term. Yeah. Yeah. It makes sense. If you, if you need to save the money, if you're trying to find a place to save money, yeah, that's a good, that's a good one. We talked about that on one of these earlier shows, like how to save money and how to stretch a dollar and like, yeah, that's a good one. That's definitely, because you take a bite, yeah, you, and now it's even more so now because a lot of these freaking devices are connected to the internet. So not only is it draining your electricity, it's draining your Wi-Fi bandwidth. Yeah. That's what I have, man. What you got? Oh, I have a, since we were talking about the wildfires, I have, oh gosh, where is the article? Well, at the end of the day, it just, I was curious about the cost of it all, right? So they estimate that this is going to cost 250 to 275 billion with a B dollars because of damages and they're already like a ton of structures that have been burned down. Thank God there's only been, I mean, one is too much, but the, the death tolls are relatively low in comparison to the financial impact and the, the, the structural impact, of course. So I thought that was interesting. It says, you know, like they, they're talking about how much insurance companies is going to like 30 billion to insurance company. It's not, you know, insurance company. Did you hear that? Hall of Perry called out the sheriff's companies for castle and I guess like, I don't know that it was two months or two weeks before the fires happened. I think state foreign castle, millions of people's, how ownership, home insurance, house insurance for the fires happening. But is it malicious if they, they would have to know that the fires are going to happen for it to be a malicious act? That's like the conspiracy theory, like, you know, I don't think, I don't think that nobody can prove that it was malicious or anything like that. But you were just like, damn, I, you know, no, I mean, no, I mean, no, a bunch of them pulled out of California period because of that. So it was more than them. It was more than that one. But the same thing happened in Florida. There's a bunch of companies that pulled out of Florida because of the flooding. Leading a growing business, it's like building a plane while flying it, team building, decision making and scaling all at once at CPO playbook. We get it. That's why our podcast ranked in the top 10% worldwide tackles the toughest leadership challenges with insights to help you lead smarter and grow faster, tune into the CPO playbook podcast because leadership doesn't come with a manual. But we're pretty close. And the hurricane, like, they pulled, they're like, yo, it's cost too much. I'm not doing it there anymore. They're insurance companies is a business at the end of the day. Yeah. They're business to make them stand business to make money, not to give it away. So like, you know, this is what I'm saying, business ethics is an oxymoron. So people get all hurt. Oh my God. It's a business at the end. It is not not for profit. It's not government funded. It's the people pay insurance and people take some insurance, take more than you friggin paying their, their bankrupt, they ain't got no more money, they're not in business anymore. So, you know, after they got the shoes, whoever did it, seems like a genius because they pulled out right before a billion dollar hit right now that now my conspiracy mind starts going and it's like, wait a minute, y'all pulled out 10 days before this fire started. That's real commit. Yeah, exactly. You know, now, you know, so, but at the end of the day, after the fact, if they pulled out, well, that's just sound business. Like, yo, we just lost 30 million dollars. I'm good. I don't want to destroy fires anymore. Thanks. Yeah. That's really, that's it. So, but yeah, the courts. So any who talking about money, we're talking about, we're going to define, we're going to share some definitions of rich and wealthy, some things that we found and very interesting. But before that, we got to pay the bills. And if you're tired of messy timesheets and plug punching in and your time clock software solution at your job is crappy, shout out the time track go. They're an intuitive solution that makes punching in easier, PTO easier for you, okay? And but don't take our word for it. Their customers have ranked them 4.7 out of 5 on cap terror, and they've been awarded badges for best ease of use and badges for best customer support. Now some of their customers are saying, great value, best clock in app on the market, great time clock for the modern office, intuitive and efficient, simple to use in price, right? And customer support is awesome. Great stuff there, man. So to learn more about a and please better solution for time tracking real time to 40 PTO animation, pair on integrations and more, visit www.timetrack.com, that's T-I-N-E-T-R-A-K go.com and start your 14 day retrial today. Let's go. Let's go. Let's get it. Let's get it. Yeah. Yeah. See, you talk, you're more talking about, also talking about wealthy versus rich, I'm worse. Money show. I'm more talking about what it means to be my definition of rich. Mm-hmm. I was a little bit, I'm up in the lower difference, so I appreciate that. For sure. Why don't you go ahead and get started? Absolutely. So I found a cool article that defined rich, and they say, and it's by sofi.com. And they said, if you look up rich in a dictionary, the most common definition centers around what a person, a person has. Someone who's rich has a lot of possessions and material wealth. So a rich celebrity or a social media influencer, for example, might have a lot of homes, cars, jewelry, etc. They may spend a lot of time jet setting around the world, partying with other rich people. And discussing what it means to be wealthy versus rich, it's easy to assume they're similar. Both rich people and wealthy people may maintain a lifestyle that's posh and out of reach for the average person. The distinction between wealthy and rich is that wealth is more sustainable and lasting than some riches. There are different ways to measure wealth. The Census Bureau, for instance, uses net worth to estimate the wealth of American households. Net worth is the difference between your assets and your liabilities, what you own and what you owe versus what you owe. Someone who is wealthy may prioritize accumulating assets that produce income or appreciate and value over time while limiting their exposure to debt. So if you've listened to the show, you hear me say a lot, rich people take their money and put it to work for them. Instead of, "I want a new car and I want a bigger this and I want new Jordans and I want a big TV and whatever," they say, "You know what? No, no, no. I'm going to go ahead and invest this or I'm going to flip this and whatever the case may be," they're putting their money out there to work for them. I liked what one of the things it said, wealthy people may enjoy much higher incomes than every day, if not this part. So basically, wealthy people spend less than they earn, right? It goes into now, you know, some people are born into wealth, some people build their fortunes on their own. They talk about new money versus old money, new money is earned while old money is passed down, is generational. Many of the wealthiest individuals are well-known business owners are investors, Jeff Bezos, Bill Gates, what's my boy? What's the guy I came from? The investor, I can't believe I forgot his name, Mark Zuckerberg, et cetera, et cetera. But again, what I'm going to, what I take away from all this is that, that, where is it? Here we go. Most of the folks spend less than they earn, whereas poor and middle-class spend more than they earn. And that's why we get stuck in that poor or middle-class bucket. Do we talk about David John? No, the guy Berkshire Hathaway. Oh, man, his name is right here. I can't believe I forgot his name. Warren Buffett. Yes. Warren Buffett. Yes. And he has a partner. Nobody knows his partner's name, but he has a partner, like people forget about that. He's the more popular one, but anyway, oh, and then I wish there was a way I knew how to, folks, we got to get better with production because I want to share this, this Chris Rock. I found the exact clip from Chris Rock's stand-up. He's, I'm just going to be in the show notes, you click it and have fun and watch it. It's funny. He talks about rich, first wealthy, and, you know, it's funny because it's dated, right? He said, because at the time, he said if Bill Gates woke up with Oprah's money, he'd jump out of a window. Oprah now is wealthy. She is a billionaire, but at the time of this stand-up comedy skit that Chris Rock did, she wasn't a billionaire yet. You know what I mean? Like if Bill Gates woke up with Oprah's money, he'd jump out the window because he was comparing wealth to rich, Bill Gates is wealthy. At the time, Oprah was just rich. Now she's wealthy, so, and I like the definition, how he, how the, the article compares rich versus wealthy, and Chris Rock does a great way of defining, at the time, Shaq was not wealthy. He is now, but at the time, he wasn't, and he used Shaq as an example. It doesn't, it doesn't, it has an age as well, but at the time, he said Shaq is rich. The guy who writes his Shaq is wealthy, right? So, and then, you know, the, the other quote that I always try to remember, he says, you can blow being rich on a summer and a bad drug habit. So, you know, again, it's a great clip for Chris Rock and he, he kind of goes into his little rant of rich versus wealthy. Yeah, that's what I got. What do you got for us? So I'm coming from a little bit perspective here, right? So I was taking more soul on my definition of rich, right? And I focused mainly on that for the episode. So I just have five different pointers that we can make some of those and talk about those here. But number one, be a rich can mean having some assets or certain access. That's I think of rich, being rich and stuff and being rich can mean that, you know, you're more likely to dying where you want to travel where you want and live where you want, right? And be a rich means you can provide the necessities for yourself and hit over your family or loved ones without much struggle, right? But it's not really an issue for you when you're rich. Number four is debatable, right? Being rich is a mindset. Yeah. And what I mean by that is, you know, there somebody out there might come see where you live from or see where I live, hey, oh, you're rich, we're rich. This episode is brought to you by Indeed. When your computer breaks, you don't wait for it to magically start working again. You fix the problem. So why wait to hire the people your company desperately needs? Use Indeed's sponsored jobs to hire top talent fast and even better, you only pay for results. There's no need to wait. Speed up your hiring with a $75 sponsor job credit at indeed.com/podcast terms and conditions apply. Yeah. You're rich. You're rich. Well, like, and about to us, we should realize they click. I don't know. I proceed for myself. I'm like, man, I can use the more money. Hell yeah, I mean, I think we speak for all of us. We're in middle class paycheck to paycheck, like just we're, we're, we're trying to get rich. Yeah. I mean, yeah. And look, my last one in finance is because we are rich in all the other things. Yeah. Yes. Being rich doesn't mean you have low money either. Well, it doesn't have to mean you have, but it doesn't only mean it's a one of the other things. Yeah. It doesn't. Well, when I say, being rich, you could have, you could have massive properties and not lots of money, you know, or some liquid, as opposed to, but it's just not, it's still true. You may not have loads of money that, you know, that means that you were, unless you sell stuff and, well, that's what I'm saying. Yeah, I use liquidity. So that's what I meant by that. It's just got you. You, you may not be just sitting on a bunch of a bowl of money that you could just go on. I'm just going to go. This car and stuff like that. You're not liquid. You're on paper rich. Yes. You can't just go what I do, whatever you want to do all the time. Yes. And so, you know, and then I have some statistics here. Yeah. I like that. All the wealth in the US. The rest of the world, right? So the median wealth per person in the United States is around 112,000, which is 14th amongst wealthy country. Damn. We ain't even a shit. We ain't even. We didn't even live in the top 10 US, I like, we're not the richest country in the world apparently. But hold on. Hold on. There's, there's some good stats here. Okay. The US, the US has almost 31% of the world's total household. All wealth. Now, a lot of that may come from the whole percent are those upper high earners. Okay. So that's why. All right. Got you. We have almost a third of the world's total household wealth. Right. That's why. Okay. Got you. Yeah. It means a lot of Americans are doing better than our counterparts in different countries. Even though I mean, I feel like it right now, the US has substantially higher wealth per capita than other countries. Okay. And then lastly, the number of millionaires in the US is we have almost 40% of the world's in there. Damn. So that's, that's the other 60% in Dubai with all the Prince's oil is all all them running around. Yeah. Looking out. No doubt. There is wealth in here in America for you to, for you listening for, you have for Brian and I. That's what we're, we want to chase those things, but not just for ourselves. I know for me, I can speak for me. Yes. It'd be nice to have a nice, you know, nest in the egg and stuff like that to leaves. My loved ones. You know what? I know. The number for that is different for everybody. Right? Yeah. For me, it's not, Oh, I need X amount of nope. I just want financial freedom. And so look, whatever that is for you, do your best to find that, especially with this ever changing world and these new technologies that you've been coming out. There's no excuse anymore. There's no excuse, you know, it's like my boy Gary B says, you can really, you can get rich or for your cell phone, you stuck on your phone, make it work for you, make money off of it. Like, there's really no excuse to the point. One viral moment. Yeah. To the point that people are honestly too lazy, I think, too distracted, too distracted, too comfortable, too complacent, you know, for sure, there's definitely some folks that are scared. Some people don't don't want these by light on them, right? Yeah. I sit with that exposure, but oh my God, like, I'm going to be in front of people and people exposed my life to people. You don't necessarily know. That's not true. You don't. There's ways to. Yeah. I just thought about it the other day. I was looking at it. I was scrolling and I was looking at somebody's page, but it wasn't their page, right? Yeah. I was like, Oh, wait a minute. Like the one, the miring golden ones that we find somebody else is building pages with his clips. Yeah. Yeah. And they're probably you don't have to expose. Right. You don't have to expose anything. That's a different way. But I'm just saying some mindset for some people, but you're right. Some mindset for some people. Look, it could be hidden. You can put your feet on feet behind there and I show you the part of your body. Oh my gosh. It goes well with the only fans. I thought it was looking at him, but it wasn't good, I guess, you know, how this on your face. Yeah, you could just do feet. No doubt. Oh my gosh. Speaking of only fans, there was a, I saw an article, a post, some WNBA player who retired and is doing only fans full time. She said she made, she did, if the article is accurate, she's made more and only fans in all the years, all the years that she played at WNBA. I believe it. Yeah. I do too. For sure. Yeah, I mean, look, those goals, those apples into those subscriptions that people have. They didn't even get about that one though. They know good and well, they burning up the screen with that one. What I do like, I just want to point, go back again, I'm stuck on the net worth is the difference between your what you own minus what you owe, right? What was my point? I think my, just my point is like that, that is the wealth piece, right? Because, because the opposite could, like, you know what got me thinking about it when you said, oh, it could be riches and like houses and all that and then yes, but you could, I guess my point, it was, was to point out like, yeah, you could own buildings, houses and amazing things on paper. But if you are barely keeping up with it, guess what? You broke like everybody else. Yeah. I just took that statement and put it in Google and this is what the key points that said, right? This gave a formula, it said net worth equals assets minus liabilities. Yep. Then it says you have positive net worth, which indicates that you have more assets. And in liabilities, you have negative net worth, it's the other way around, more liabilities in that sense, which a lot of people who live in the paycheck fall into, right, got more debt. Think about when we had Tapp at the On the Show and she taught us like how Tapp at the Brown, by the way, and she taught us how like, how many actors are broke? How many actors don't make money like that? It's like the percentage of the top that are making all the money or use. So I think streaming is definitely changing the game. But just thinking about that, people think, oh, they must be rich. They may look rich, but they could be paychecks of paycheck also. You know what I mean? It's very true. A lot of them say that. A lot of them say that they struggle and they even though they were big, big movies. Yeah. What's the movie? They didn't make a lot of money. That's right. Athletes that made all this money, blew it all. I mean, I was listening to something on the other day about an athlete that was like, oh, yeah, I took everybody with me to this or I took my whole hood somewhere and whatever. And like, after a while, they're like, wait a minute, running out of money here. I think MC Hammer is like one of the best examples of that because he used to literally like his own entourage or whatever, but any who just, you know, you know what, you should know, you should know that you should know podcast. That's what you should know. Because then you'd be in the know on all things that are timely and topical. Subscribe to the You Should Know podcast. Thanks. There are lots of people, bro, it's a great, it's a great conversation. It's a great perspective to kind of wrap your head around and be like, wait a minute, you know, wow, they're there are lots of athletes, well-known athletes, that that, you know, Mike Tyson, they said that, oh, hell yeah, yeah, he earned estimated 400 million over his career. I fell for bankruptcy in 2003. Yup. That's right. That's right. So athletes, I think, is a big one, a movie stars, for sure, to rap artists, music artists. You know, so yeah, it is, you know, you want to be more like, well, I can't even say, I don't know what 50s net worth is, but he's definitely or like, we don't really know what these folks, they look like they're making good decisions. 50. 50 Cent Curtis Jackson looks like he is making all the right moves to get to that wealth level, right? Because he does so much things beyond music to get the back, right? And that's what you should be, you should diversify your investment. So you're not, you know, just one thing, you know, a common statement that we read all the time is salary is a drug, you know, getting a paycheck from a company is just a drug that kind of keeps you hooked on that comfort. And it's fine for, for, you know, it's fine if that's, that's, that's good for you. That's good for you. Like, like I said, the last time on the show, I talked to a family member recently, he's like, you know, I don't do the risky things. So I may never be rich, but I will never be broke. So like, he can't argue with that. I'm like, oh, shit. You right. You do, you do still have a pretty darn good life that's about being rich or what? Mm hmm. The key to that, spend less than you earned, though, right? No matter what, you want a good life at any dollar amount, spend less than you earned. Yeah. So to cap this show off today for you folks, we got a conversation. Question of the day is, do you think following what you got, what do you got? Do you think the following is a truth or perception rich or wealthy people seem to be given grace and gifts more freely? Yeah. Yeah. Yeah. That's the truth. Yeah. Yeah. Absolutely. Absolutely true. Yeah. Yeah. Because for, for, I was at first when I read it, right, I was like, oh, that's only celebrities. No, not, not so because think about it. I, I just, one of my favorite show is show showies. One of my favorite podcasts is called T-Boy, the best one yet. And Nick and Jack, I believe the host, I love these guys, they're super animated. They got a quick show, they hit you with three good friggin stories, business stories. But any who they reported on Bentley or Rose Royce or Bentley, one of those is now going into custom cars. You can literally design your car from like, from scratch. This is not an assembly line car that you're going to design. I'm sure they're going to have some limitations. The point is you own, it's by invite only. So me and you cannot call them and be like, Hey, I want to mess around and design it. Nope. It's by invite only. They already know who the rich people are that they're going to invite to these things. So yeah, they get more rich, you get more access, they get more gifts because they, there's a return on the investment, right? I'm rich, people are going to give me things because they're going to, they want me to go and spend money back on that company. It's almost, it's almost prevent, it's almost like an investment or something. Absolutely. Absolutely. That's for the company. Absolutely. Put it, put it in your face with my business and people are going to, oh, you know, rich guy went over there, rich lady went over there and rich person went over there and so let me go check it out because they did it. That's a byproduct. That's a byproduct, right? Because if I know you're rich, I'm going to send you a sample of something that I have because I know that you might, I have a better chance at you spending money on my company than I send this to somebody who I know can't afford it or is in the middle class or poor low, you know, poor class. I don't want anybody. I don't live away wanting to buy it. I want to buy it. That's right. Right? The other, if you, you know, then for the, for the middle and the poor, we do commercials and then you do, right, then you're going to follow this rich person that I'm paying to be my spokesperson because you love this athlete, Tom Brady, you know, does this. So, oh, I'm going to do that too. I love Tom. You know what I mean? So we speak into the, the gifts part of it, but do you feel like they're giving more and grace to? Yeah. Yeah. Yeah. The hospitals, these rich people build wings at hospitals. Yeah. And they roll up. They're getting a room. Yeah. They're getting medical service. Yeah. They donate a lot of money. Yeah. Then they, nobody, oh, let me get your insurance card and let me, they'll be like, oh my gosh, Mr. Brady, right this way. That's right. That's right. That's right. This is Mr. Duncan, right this way, right, right this way, sir, boom. Your wing is waiting. Your room is waiting. They keep empty rooms for them. So heck yeah. Is it right? Nope. Business ethics is an oxymoron. He said, I don't know how to show to him. Mm-hmm. Or am I going to have to go with considerations? That's, and that's where, yeah. You kidding me? That's, that's why like we, they always say that. It's like, why are these rich people get all the swag that you have, you've seen, you ever watched "Anterage?" They do it in other shows too. Yeah. "Anterage." Oh, I can watch that again. I'm like rewatching old HBO shows that I'm just going to say. You see it. I'm not here in that context. Oh, yeah. And they, now they got like his origin story and the kid they tried, they tried to do a thing. Anywho, the, the original one is this chisel though. Yeah. Um, but yeah, you see it on TV where these actors and people, they go to the, the, to the swag lounge and they're just getting watches and getting phones and that celebrities is different because they may not actually buy the product, but they're going to use the product and they hope that the paparazzi catches them with the watch on and paparazzi catches them with their hat on and it gets into the news and, oh, look, this one, Tom Brady was wearing this and wearing that, you know what I mean? So that's why they get it. That's why they get it. If you're in the public limelight in the public, I, you're going to get a ton of free shit. That's true. These peloton's, you know what I mean? Yeah. Free time board. Yeah. No. All right, man. Good stuff. You guys keep watching. Check us out. You got some exciting news coming. We're going to be live Fridays. Yes. Yes. Specifically for this show, we're going to be every Friday, somebody's going to have a chance to win cash money to Amazon, not cash money, but Amazon gift cards. Ever. It's like cash, right? Might as well be cash. I'm surprised Amazon don't have its own cryptocurrency now, like its own thing or you know what I mean? That's why. It's coming now. So, but yes, we're going to be giving away. We're looking to help folks out. We need some engagement. We want to help on your questions on your paycheck that we could do it anonymously. There'll be ways to ask the questions anonymously so you don't get trouble at, trouble at work. Yeah. Oh, these employees will come to note. We'll help you. You know, what is it? What are the questions? How can we help? Every Friday, look out for the posts on things and we're mainly Facebook. Yeah, we have to put that post everywhere, right? But it'll be on TikTok. It'll be live on TikTok and then we might be able to take some engagement in different manners like LinkedIn or email or have our email open, right? So we'll we'll shout out the email and the different ways that you can engage, look out for the posts on LinkedIn and Facebook and yeah, everywhere, we'll start posting it everywhere we can. And yeah, if you're not following this already, follow us. We're on YouTube, we're on Facebook, we're on LinkedIn, we're on TikTok respectively on our own profiles, what else, a bunch of places. So start tuning in every Friday. Get some questions answered. Win some money. Come on through. Yep. Let's do it. Let's do it. Peace. We love you. Peace. Before we sign off, here are a couple quick things. Don't forget to follow. It's about payroll on LinkedIn and it's about your paycheck on Facebook and TikTok. Thank you for being part of our payroll community and thank you for being a part of this journey with us. Until the next time, keep learning, keep growing and most importantly, keep going. Bye. for now. Bye. for now. [BLANK_AUDIO]
Join us as we dive into the definitions of 'rich' and 'wealthy' and discuss what it truly means to hold these titles. We also explore the idea that rich people receive more grace and gifts, and analyze statistics about wealth in the U.S. versus the rest of the world. Additionally, we cover current events like the LA wildfires and their economic impact. Tune in for insightful conversations, including our host's personal experiences and tips on balancing expenses and savings. Plus, find out how you can participate in our new live sessions on Fridays for a chance to win Amazon gift cards!
00:00 Introduction and Show Milestone
00:36 Defining Rich and Wealthy
00:43 Casual Conversation and Updates
02:50 Current Events and Community Support
03:29 Things People Waste Money On
08:51 Insurance Companies and Natural Disasters
11:17 Sponsor Message
12:32 Rich vs Wealthy: Definitions and Perspectives
20:07 Understanding Wealth: Liquid vs. Non-Liquid Assets
21:00 Wealth Distribution in the U.S. and the World
22:30 Chasing Financial Freedom
23:16 Mindset and Opportunities in the Digital Age
25:34 The Reality of Net Worth and Liabilities
26:56 The Illusion of Wealth Among Celebrities and Athletes
30:20 The Privileges of the Rich
35:37 Upcoming Live Shows and Engagement Opportunities
37:29 Final Thoughts and Farewell
Learn more about your ad choices. Visit megaphone.fm/adchoices
