Patrice Washington is an award-winning author, transformational speaker, hope-restoring coach, and media personality committed to redefining the term wealth using its original meaning of well-being. Patrice got her start as your favorite personal finance expert, ‘America’s Money Maven,’ but has since expanded her brand and mission to encourage people to chase purpose, not money. In 2020, Success Magazine named Patrice one of their 12 Inspiring Black Voices in Personal Development, and 2021 sees the release of her fifth book.  Patrice joins me for the second time today to discuss why she has moved beyond pure personal finance and into encouraging others to embrace wealth in all areas of their lives holistically. She shares why she decided that 2021 was the right year to release her book, Redefining Wealth for Yourself, and outlines the six core pillars of wealth that she encourages her readers to explore and balance. Patrice also shares her wisdom on activating abundance and fostering an abundance mindset rather than a poverty mindset “Sometimes we need public accountability, we need to say things out loud, and just call a thing, a thing, put a name to it, so that we can really get the support and the love — oftentimes when we tell our stories, it is the very permission that someone else needs to tell their story or to own some part of their narrative, their truth, and not allow it to be weaponized.” - Patrice Washington This week on Paychecks and Balances:●      The amazing community Patrice has built through her podcast Redefining Wealth and the type of content she shares with her ‘purpose chasers’ from all over the world  ●      Why it is essential to look for 365 degrees of accountability - how to get accountability and why you need to focus on the next thing rather than the next big thing ●      Why you don&apos;t have to be a perfect 10 to share something that will be valuable to others and share the lessons you&apos;ve gleaned from your experience and find the purpose in all parts of your journey●      The story behind why Patrice has expanded her purpose to encompass a more holistic approach to wealth than just finances●      The difference between walking the walk, talking the talk but not necessarily spending everything you have keeping up appearances●      The mission behind Redefine Wealth for Yourself and how Patrice hopes to empower women to understand that the true definition of wealth is the condition of well being   Connect with Patrice Washington:●      Redefine Wealth for Yourself by Patrice Washington●      Patrice Washington’s Website●      Patrice Washington on Facebook ●      Patrice Washington Instagram●      Patrice Washington on Twitter●       Connect with Paychecks and Balances:●      Paychecks and Balances Website●      Patreon Paychecks and Balances●      Paychecks and Balances on Instagram●      Paychecks and Balances on Facebook●      

Paychecks & Balances

The Pillars of Wealth ft. Patrice Washington - PB186

Today, I’m welcoming back Zach Nunn to the podcast. Zach was previously on episode 175. We’re rehashing some things we previously talked about, most importantly, mental health AND Rich’s new role at his current company. Zach is the founder of  Living Corporate, an online media company on a mission to empower black voices. Zach is also a consultant at Price Waterhouse Cooper, where he leads multi-disciplinary teams which provide execution support to tech clients, energy clients, and healthcare clients.In this episode, we’re talking about fatherhood, getting your priorities straight, the current happenings with Living Corporate, how to play “the game” at your job, and tips for staying authentic in a world and culture that already has their mind made up about you because of the color of your skin.“You owe it to yourself to invest in yourself, all the time, but certainly in this season. I’ve yet to see anyone regret it.”– Zach Nunn Episode Highlights:●     Rich’s thoughts on starting a family●     Dealing with the anxiety of repeating and not repeating old partners and learned behavior●     The importance of therapy●     Rich’s new role at Google in the Diversity, Equity and Inclusion space●     Being interviewed for the first time by a black person●     “Code Switching” at work and “playing the game”●     Dress codes and being allowed to be authentic at work●     Investing in yourself through therapy, health, online courses, classes, coaching etc... Connect with Zach Nunn:·      Living Corporate ·      Zach NunnConnect with Paychecks and Balances:●      Paychecks and Balances Website●      Patreon Paychecks and Balances●      Paychecks and Balances on Instagram●      Paychecks and Balances on Facebook●      Paychecks and Balances on Twitter  

Playing the Game at Work (plus a big announcement) ft. Zach Nunn of Living Corporate - PB185

Today it’s just Rich on the mic. He’s got a bunch of updates, including his progress on his side hustle goal of generating 60k in revenue. In this episode, Rich is also touching on his 8th month of sobriety, the mental health issues that come with 1 year of lockdown, the latest P&B updates, and the launch of his YouTube channel. This week on Paychecks & Balances:●      The results of consistency and on-going efforts in the business, finally paying off●      Remaining authentic throughout the entrepreneurship journey ●      Giving yourself the tools to handle roadblocks in life and business ●      Using negativity to fuel yourself ●      Making 8,600 YTD on a goal of 60k●      Creating authentic partnerships in your business●      Diversifying your income streams, so no one thing can have a significant impact on your revenue●      Why Rich is putting a stop to unnecessary spending“Words mean things. What you say to someone may seem inconsequential at the time, but words do mean things, and not everyone is able to take those negative things and turn them into positive things.” - RichConnect with Paychecks and Balances: ●      Paychecks and Balances Website ●      Patreon Paychecks and Balances ●      Paychecks and Balances on Instagram ●      Paychecks and Balances on Facebook ●      Paychecks and Balances on Twitter  

Money Updates & Lessons Learned - PB184

Malcolm Hodge is a 27-year-old self-confessed personal finance/supply chain/fitness/travel enthusiast gone savage. A native of Atlanta, GA, Malcolm currently lives in Seattle, WA where he works at Microsoft, leading global strategy for some of the most current devices in the tech space. Malcolm’s passion is helping others build and sustain real wealth, which is why he founded the Dreamers Creative Foundation to support the next generation of millionaires, and his philosophy that everything you put into the universe will manifest itself is the commitment he makes to himself and everyone he supports through the foundation.Malcolm shares what got him interested in personal finance in the first place and dives into some of the milestones he has achieved over the past two and a half years. He explains how he has smashed his goals because of the mindset he has built from listening to guests on this podcast and others and how that mindset contributed to helping him crush over $90,000 of debt. Malcolm also explains why it is important to him to make space to check in with his values every week to ensure that he remains aligned with his goals.  “You have to give yourself grace because things change; life events happen over time. But the things that are intrinsic to you, those things that are at your core, they will stand the test of time.” - Malcolm HodgeThis week on Paychecks and Balances:●      The two pieces of advice that Malcolm’s first mentor gave him that changed his life●      Malcolm’s philosophy of having a board of directors to support him, both professionally and personally, and how you can build a team of people who buy into who you are and what you want to accomplish ●      Some myths Malcolm has to dispel about the experience of working for Microsoft, how he got the job there and why he still holds onto a piece of paper that helps him reflect on what he has achieved so far in life ●      How Malcolm accumulated $90K of debt and how he built a three-year plan for attacking it ●      What the ‘vesting cycle’ is and Malcolm’s advice on how to leverage it to pay off your debt●      The impetus that drove Malcolm to be so intentional about paying off his debt●      Malcolm’s advice on whether you should focus on your credit score or net worth and why●      Why Malcolm is an advocate of better financial advice in schools●      The importance of gratitude and grace on your journey to financial freedom Connect with Malcolm Hodge:●      Malcolm Hodge Website●      The Dreamers Creative Foundation Website●      Malcolm Hodge on LinkedIn●      Malcolm Hodge on Instagram●      Malcolm Hodge on Twitter Connect with Paychecks and Balances:●      Paychecks and Balances Website●      Patreon Paychecks and Balances●      Paychecks and Balances on Instagram●      Paychecks and Balances on Facebook●      Paychecks and Balances on Twitter 

Giving Yourself Financial Grace ft Malcolm Hodge - PB183

Dorianne St Fleur founded Your Career Girl to create a safe space for upwardly mobile, professional women of color to get honest, open, and transparent career support and guidance. She is a high-performance coach and a visibility strategist who primarily works with black women who are high achieving and ambitious and want to get clear on what the possibilities are in their career. Dorianne works with her clients through coaching, facilitating mastermind sessions, and leading training workshops geared toward helping women of color stop self-sabotaging and navigate toward their desired career path gracefully.Dorianne joins me today to discuss why she started Your Career Girl back in 2015, how it helped her set professional goals for herself and why she focuses her advice on women of color specifically. She shares her experience of working both in consulting and in corporate America during her career, including in leadership roles at Google and how she managed to juggle her full-time job and developing Your Career Girl and find a balance and flexibility in her career. Dorianne also emphasizes knowing your worth, knowing your value, and asking the tough questions in order to achieve your career goals.“Success is inevitable - the only variable is time. We will all be successful If we get clear on what we want and we are consistent in making it happen.” - Dorianne St Fleur This week on Paychecks and Balances:●      Why Dorianne believes you can have it all as a woman in business, just not all at the same time.●      Why negotiation is a critical skill, some of the areas where people miss out on the opportunity to negotiate, and how not to leave cash or benefits on the table.●      How to avoid guilt and focus on self-care, and women can create space to prioritize their mental health and well being without dropping any career balls●      Dorianne&apos;s philosophy on avoiding mediocrity and striving for excellence●      The practical steps Dorianne took before leaving her corporate job to take Your Career Girl full time and how she prepared to make the leap into entrepreneurship●      Where Dorianne&apos;s achievement orientation comes from and her family&apos;s attitude to work●      How Dorianne manages money, saves, and still prioritizes activities she enjoys●      Dorianne&apos;s rule of thumb when asking for a raiseConnect with Dorianne St Fleur:●      Your Career Girl Website●      Your Career Girl on Facebook ●      Your Career Girl Instagram●      Your Career Girl on Twitter Connect with Paychecks and Balances:●      Paychecks and Balances Website●      Patreon Paychecks and Balances●      Paychecks and Balances on Instagram●      Paychecks and Balances on Facebook●      Paychecks and Balances on Twitter      

The Intersection of Work and Money ft. Dorianne St Fleur - PB182

Ryan Clark, founder and President of Qube Money, entered the financial services industry, first in the real estate market, then as a mortgage broker, before realizing that his true passion was teaching people about money. In his ten years as a financial planner, Ryan watched his clients fail at budgeting repeatedly despite his recommendations and wanted to find a solution to help them manage their money successfully. This inspired him to create a digital cash envelope system, and he launched Qube Money to provide better tools, systems, and training to clients, to allow them to work toward real financial freedom.Ryan joins me today to dive into why he developed Qube Money in response to his frustration over not finding something that suited him and his clients and enabled them to exercise real-time control over their finances. He discusses why Qube’s mission is central to their long term success and how it ensures that they meet their commitment to freeing people from the tyranny of money. Ryan also shares the number one reason people hate budgeting and explains how Qube can cut the time you spend managing your finances. “Everything that you want to do in life stems from how you control the resources that you’re given - and money is a resource. It builds a financial house, and cash flow is the foundation.” - Ryan Clark This week on Paychecks and Balances: ●      Why current fintech solutions for tracking your money don’t work●      Ryan’s entrepreneurship journey and how he moved from financial planning to the tech arena●      The central belief  that continues to motive Ryan and the Qube Money team ●      Why there have been so many ups and downs in developing the Qube technology and bringing it out of the beta phase●      What digital cash envelopes are, how they work, and why Qube technology continues to improve its customer experience and efficacy●      How Qube connects you to your money and stops you from overspending in the moment●      Why intentional financial planning is empowering and gives you the freedom to spend where it’s most important to you●      How Qube is different from other platforms out there right now●      Why Ryan is confident that Qube Money goes further than other apps to prevent fraudulent transactions Connect with Pete McPherson:●      Qube Money Website●      Qube Money on Facebook ●      Qube Money Instagram●      Qube Money on TwitterConnect with Paychecks and Balances:●      Paychecks and Balances Website●      Patreon Paychecks and Balances●      Paychecks and Balances on Instagram●      Paychecks and Balances on Facebook●      Paychecks and Balances on Twitter      

Freedom Based Banking ft Ryan Clark of Qube Money - PB181

Kicking off the new year with a solo episode! I&apos;m sharing some financial and personal habits I&apos;m bringing into the new year. I also speak to some things I haven&apos;t spoken about before.  

10 habits I'm bringing into 2021 - PB180

Damona Hoffman is a certified dating coach, radio host, and TV personality who starred in the TV series #BlackLove and A Question of Love on FYI TV; a former TV casting director and executive, she has been showing singles how to harness the power of technology to find love for over a decade. She hosts the popular Dates & Mates with Damona Hoffman Radio Show & Podcast and is the Love Expert for BET.com. Damona is a sought-after speaker who inspires with her talks on various topics, including Modern Dating Dilemmas, Personal Branding, Diversity & Inclusion, Interracial/Interfaith Dating, Dating Safety, and Succeeding in Hollywood.Damona joins me today to share the importance of the magic space of not knowing what will happen in the future but being open to possibilities that may unfold later on their own timeline and why you can&apos;t force some things.“Time is finite, and every choice you make to do something is giving up something else. Really look at how you’re spending your time - are you spending it in a way that makes you happy?” - Damona HoffmanThis week on Paychecks and Balances:●      What Damona sacrificed to climb the corporate ladder without breaching her very firm boundaries●      Tips on what entrepreneurs can do to help them approach negotiation●      How you can find yourself advocates by working on building great relationships and rapport with other people in your industry●      Where Damona’s firm grasp of boundaries comes from and why she takes her mental health so seriously●      The times when Damona’s boundaries have created a negative impact or conflicts in her life●      The breaking point moment that impelled her to become an entrepreneur and how Oprah was involved!●      The benefits of working with a life coach and how the experience clarified how Damona could have a life and a career and be happy and fulfilled ●      Why she enjoys hosting tv shows and decided to pursue opportunities that arose in that arena despite her initial misgivings●      The financial element of Damona’s decision to become an entrepreneur and how she manages her finances to pursue her dreams, and the importance of making time to have regular meetings with her financial advisorConnect with Damona Hoffman:●      Damona Hoffman Website●      Dates & Mates with Damona Hoffman Podcast●      I Make a Living Podcast●      Damona Hoffman on Facebook ●      Damona Hoffman on Instagram●      Damona Hoffman on TwitterConnect with Paychecks and Balances:●      Paychecks and Balances Website●      Patreon Paychecks and Balances●      Paychecks and Balances on Instagram●      Paychecks and Balances on Facebook●      Paychecks and Balances on Twitter   

Making a Living ft. Damona Hoffman - PB179

Teri Ijeoma joins the show today. Best known for making $1000 in a day, Teri Ijeoma is the founder of Trade and Travel, a robust personal finance community with access to expert resources that expedite learning. She teaches people from around the world, how to supplement their income through day trading, so that they can build a lifestyle that they design for themselves.In today’s episode Teri and I talk about the behind the scenes work and long hours that go into building an 8 figure business. It’s not all glitz and glamour! We chat about Teri’s career path that ultimately led her to start day trading, her struggle with imposter syndrome, why money is only part of the happiness equation, being protective of your time, the importance of self-care in 2020 and why Teri believes in giving back to her community. “Doing things for free is actually a form of self-hate.” - Teri Ijeoma  This week on Paychecks & Balances:●      How going through high school with a single mother, motivated Teri to become wildly successful●      Why Teri’s school field trip to the Chicago Stock Exchange changed her life●      Teri’s experience interning at Morgan Stanley ●      How Teri lost money for the first 6 years of trading, but kept pushing forward●      Struggling with imposter syndrome●      The importance of accepting where you’re at and celebrating how far you’ve come●      The blessing and curse of being a “high achiever”●      How to guard your time and influence●      Teri’s process for giving back to the community Connect with Teri Ijeoma:●      Facebook●      Twitter●      LinkedIn●      Instagram●      YouTube Connect with Paychecks & Balances:●      Twitter●      Apple Podcasts●      Spotify●      Instagram●      Facebook        

Investing for Your Freedom ft. Teri Ijeoma - PB178

Today it’s just Rich solo on the podcast. He’s talking about how the month of October was one of the most stressful months of his life. In fact, it almost brought him to tears. But, it wasn’t all bad! Paychecks & Balances won Best Generational Financial Literacy Content at the Plutus Awards. This marks the second year in a row that P&B has brought home a Plutus award. In this episode Rich is breaking down his recent dance with burnout and why his highly ambitious drive almost backfired on him. The outlying theme in this episode is that you need to know what’s worth your time and commitment and what you can say no to. It’s important that when you do commit to something you give it your all and produce the results you know you’re capable of, and the results that are expected of you. This week on Paychecks and Balances:●      Door Dash gone wrong●      How Rich negotiated a cheaper lease at his apartment and then  immediately broke it●      The pain of procrastination ●      How Rich threw his backout getting on his Peleton●      Knowing your stress cycle●      The stress and anxiety of taking on too many freelance gigs●      The power of referrals&apos;  Resources Mentioned:·      Himalaya Connect with Paychecks and Balances:●      Paychecks and Balances Website●      Patreon Paychecks and Balances●      Paychecks and Balances on Instagram●      Paychecks and Balances on Facebook●      Paychecks and Balances on Twitter   

When You Overcommit - PB177

My first course, Change Your Day Job, is officially live! I'm sharing episode 1 here today, and you can go to himalaya.com/dayjob and enter promo code DAYJOB at checkout to get your first 14 days free and to check out the rest. I hope to see you there!

Change Your Day Job!

Today my long-time friend Crystal V. Thomas joins me on the podcast. Crystal is a brand marketing professional with over 10 years’ international experience driving brand innovation and operational excellence, crafting memorable guest experiences, creating global brand marketing campaigns, and executing branded events and partnerships. She’s a passion-led seeker of all things awesome, craver and creator of unforgettable travel moments, and, more personally, a lifestyle and culture enthusiast obsessed with TV, singing, and Oprah. In this episode we talk about the importance of using your network to help you make a career change, having an abundance mindset with your friends, family and money, the correct way to negotiate a job offer, how you have to be intentional with how you want to create your life’s story, and much more.“Know what you’re ready to accept and know what you’re ready to walk away from.” – Crystal V. Thomas  This week on Paychecks and Balances: ●      How Crystal transitioned from hospitality to tech, then back to hospitality●      The decimation of the travel industry because of COVID●      Using the pandemic to do deep inner work●      The benefits of discussing salary with friends and family●      Knowing the basis for which you can negotiate from and how to win●      Lifting up your community by being transparent with your income●      Why you should start your 401k contributions early on in your career●      Approaching life with an abundance mindset rather than a scarcity mindset●      How to use your network to help you make a career change●      How journaling can help you get clarity on what you want●      Tips for negotiating salary and benefits packages Connect with Crystal V. Thomas:·      LinkedIn·      Instagram Connect with Paychecks and Balances:●      Paychecks and Balances Website●      Patreon Paychecks and Balances●      Paychecks and Balances on Instagram●      Paychecks and Balances on Facebook●      Paychecks and Balances on Twitter   

That’s Not Your Problem & Know Your Worth ft. Crystal V. Thomas - PB 176

Zach Nunn is a husband, father, and entrepreneur who founded Living Corporate, an online media company on a mission to empower black voices. Zach is also a manager at Price Waterhouse Cooper, where he leaders multi-disciplinary teams which provide execution support to tech clients, energy clients and healthcare clients. Zach is an organizational change management leader with a background in Human Resources and a demonstrated history of working across a variety of industries. Skilled in Leadership Coaching, Team Building, Strategic Communications, Business Process Improvement, Succession Planning and Organizational Development Zach joins me today to discuss his vision for Living Corporate and why he got started creating content that aims to push black voices into the forefront.  We also touch on staying on top of your mental health in quaratine and in the midst of the upcoming presidential election, the importance of building a strong team within your business or side hustle, how the universe algins when you find your purpose, and how corporate leaders need to start taking things serious when it comes to hiring racially diverse candidates.“If you try to build something soley based on you on and your personality, it’s hard to then mobilize teams around it, because you’re being very clear that this is about you.” – Zach Nunn  This week on Paychecks and Balances:●      How being the second college graduate in his family has motivated Zach to perfrom  at a high level●      How Zach has struggled to navigate the corporate world as a black man●      What life is like as a new father●      Tips for juggling the day gig with a side hustle●      Why you need to build a great team when starting a business●      How aligning your lifes mission to your actions starts to open up doors●      The importance of self-care practices●      How to break cycles of past trauma●      Best practices for hiring racially diverse candidates Connect with Zach Nunn:·      Living Corporate ·      Zach Nunn Connect with Paychecks and Balances:●      Paychecks and Balances Website●      Patreon Paychecks and Balances●      Paychecks and Balances on Instagram●      Paychecks and Balances on Facebook●      Paychecks and Balances on Twitter   

Protect Your Mental ft. Zach Nunn of Living Corporate - PB 175

Andy Hill is a husband, father, and entrepreneur who founded Marriage, Kids, and Money, a blog and podcast that focuses on understanding family finance. A self-confessed money nerd, Andy started the podcast as a hobby then took it to the next level when he began getting feedback on how useful people were finding the information he shared. Andy shares his family’s financial journey and covers topics such as how he and his wife paid off $50,000 of debt in under a year, and the steps they took to get mortgage free by the age of 35 and has featured as a personal finance expert on CNBC, Kiplinger’s Personal Finance and NBC News.Andy joins me today to share why he and his wife decided to pay off their $50,000 debt before having children and buying a house and how they did it while still enjoying life. He tells me his thoughts on the conversations you should have with your future spouse about your financial goals and how you can brainstorm ways to achieve them. Andy also discusses how his hobby turned first into a side hustle, then into a full-time job and how he navigated that journey and worked to expand his network and provide genuine value in his relationships.  “Dive deep into an area that really interests you then focus on it and see what you can do to pay back in that community” - Andy Hill  This week on Paychecks and Balances:●      How Andy and his wife came up with saving strategies that ensure they enjoy today and invest in their future ●      The importance of determining collective goals and working out how you are going to achieve them●      The financial impact of becoming an entrepreneur and how to prepare for it●      How Andy’s business grew from a hobby●      Why Andy has been forced to change his routine has changed during quarantine ●      Advice for people looking for a new direction now they have time on their hands●      Why it is important not to glorify the entrepreneurial lifestyle ●      What he misses from the 9-5 life and what he doesn’t●      How to merge your day job and your side hustle●      The role of workplace benefits in saving money and building wealth●      Healthcare Saving Accounts (HSA) and how to select and invest in them●      How to build authentic relationships online  Resources Mentioned:●      Side Hustle Nation podcast●      Etsy●      Shopify●      TaskrabbitConnect with Andy Hill:●      Marriage, Kids, and Money Website●      Marriage, Kids, and Money Podcast●      Marriage, Kids, and Money on Facebook ●      Marriage, Kids, and Money on Instagram●      

Developing Relationships and Building Wealth ft. Andy Hill of Marriage, Kids and Money - PB174

Carter Cofield, the founder of Cofield Advisors is on the podcast today. Cofield Advisors serves creatives in the entertainment, writing and social media industries by giving them the financial, business, and tax support they need. Their mission is to free creatives from all financial stress and save them thousands on taxes in the process.  No more coordinating between multiple advisors or having unanswered financial questions, you&apos;ll now have one point of contact for your financial needs. Also, their virtual business model allows them to work with clients nationwide. You’ll never have to leave your home for an appointment.Carter joins Rich today, to discuss his money story growing up and how he was able to pivot from a scarcity mindset to an abundance mindset. They also talk about the importance of having multiple streams of income, the value of tax write off’s, playing offense with your money and the importance of networking with like-minded individuals “You’re not making money, unless you’re making money when you’re not working” - Carter Cofield This week on Paychecks and Balances: ●      How cutting back on going out and drinking can lead to more clarity in your life●      Why you should be focusing on earning more, rather than saving more●      The importance of networking events●      How to get started with multiple streams of income●      How Carter started a rental car business using Turo●      Why the tax code works in favor of entrepreneurs ●      Tips for reducing taxable income●      The benefits of using an HSA●      How to test the market and price your services●      Why clients will pay you for your expertise, not your time  Resources Mentioned: ·       Turo ·       HSA Connect with Carter Cofield: ·       Cofield Advisors·       Carter Cofield on Instagram·       Carter Cofield on Facebook·       Carter Cofield on LinkedIn  Connect with Paychecks and Balances:●      Paychecks and Balances Website●      Patreon Paychecks and Balances●      Paychecks and Balances on Instagram●      Paychecks and Balances on Facebook●      Paychecks and Balances on Twitter      

Living a Tax Deductible Lifestyle ft. Carter Cofield - PB173

Whether it's getting out of debt or getting a new job, Rich & Marcus have you covered. Join them as they take a fun and relatable approach to personal finance and career advice for millennials.