WEBVTT
00:00:00.160 --> 00:00:02.240
Hello, my generational change makers.
00:00:02.399 --> 00:00:09.839
This is gonna be a quick one because I just want to pop in and tell you about something I've been sitting with lately and something I've planned coming up.
00:00:10.080 --> 00:00:21.120
I keep hearing some version of the same headline over and over again, and it is black women's unemployment rate being at a record all-time high or the rising unemployment rate of black women.
00:00:21.199 --> 00:00:23.600
And for me, this isn't just theoretical.
00:00:23.760 --> 00:00:29.920
In case you don't know, earlier this year I was laid off for my corporate job and it was not my first layoff.
00:00:30.000 --> 00:00:40.159
And literally the only thing that kept me from spiraling when I was laid off was the fact that I had built a fully funded emergency fund.
00:00:40.320 --> 00:00:49.280
I had spent the last probably six years saving up and building an emergency fund that would support me should something happen.
00:00:49.359 --> 00:00:55.840
Now, the reason I was so hyper-focused on my emergency fund over the last couple years is mostly because I work in tech.
00:00:56.000 --> 00:00:59.759
I was working in tech, and the tech industry is incredibly volatile.
00:00:59.920 --> 00:01:03.920
And so I knew that the security of my job wasn't quite there.
00:01:04.000 --> 00:01:14.480
And then everything that has been going on in the economy right now, I think that that is true across the board, particularly with this administration and black women.
00:01:14.719 --> 00:01:16.799
So I've been sitting with that a lot lately.
00:01:16.879 --> 00:01:26.159
And while I cannot control what the economy does, I cannot tell you what for sure is gonna happen in the next six months with the economy or with your job.
00:01:26.400 --> 00:01:40.079
What I can control is I can help you build a safety net so that when the ground underneath you starts to shake, it becomes a little bit unstable, you feel more confident in knowing that you have a financial safety net.
00:01:40.319 --> 00:01:44.400
I want you to take a minute and think about how much cash you have on hand right now.
00:01:44.640 --> 00:01:48.719
Could you afford to miss one, two, or even three paychecks?
00:01:48.959 --> 00:01:59.200
What would happen if the unthinkable happened, if you lost your job, if you were laid off, if the economy does what the economists are saying that it is going to do.
00:01:59.439 --> 00:02:00.879
What are you going to do?
00:02:01.040 --> 00:02:02.000
That's the question.
00:02:02.159 --> 00:02:04.640
Because losing my job was still incredibly scary.
00:02:04.799 --> 00:02:13.840
But what kept me from spiraling was knowing that I had savings, knowing that I had options, knowing that I had time to figure out what was next for me.
00:02:14.000 --> 00:02:17.840
And so that is really where the own your seat challenge is coming from.
00:02:18.080 --> 00:02:22.800
This is going to be a six-week savings challenge that I'm going to run for my community.
00:02:22.960 --> 00:02:24.719
It'll be completely free.
00:02:24.879 --> 00:02:34.719
And it is going to be designed to help you find extra money in your budget, set that money aside so that you can start to build your own safety net.
00:02:34.879 --> 00:02:41.919
I did not want this challenge to be specifically about saving$1,000 in six weeks because I don't know what your money looks like.
00:02:42.080 --> 00:02:44.000
That may not be realistic for you.
00:02:44.159 --> 00:02:49.599
And I'm definitely not going to tell you to stop buying coffee or and pretend that that is going to solve everything.
00:02:49.840 --> 00:02:53.919
Instead, we're going to look at money that's already moving through your life.
00:02:54.159 --> 00:02:58.800
Every Monday for the next six weeks, I'm going to send out a money hunt.
00:02:58.960 --> 00:03:04.719
It's going to be a specific place to look for money that is slipping out of your budget already.
00:03:04.879 --> 00:03:17.680
We're going to look for money that you might be losing, that you might be forgetting about, things that you can negotiate that maybe you hadn't thought about negotiating, and just different ways that you can save money in your current financial situation.
00:03:17.840 --> 00:03:23.039
This is not a challenge where I'm going to go out and tell you to sell your car or get a second job.
00:03:23.280 --> 00:03:30.400
We are going to look at realistic, low-effort ways that you are already spending money in your budget that you might not realize.
00:03:30.560 --> 00:03:34.479
We're going to go through subscriptions that you forgot that you're even paying for.
00:03:34.719 --> 00:03:38.879
We are going to look at insurance that maybe you can renegotiate, internet.
00:03:39.199 --> 00:03:45.439
I'm going to teach you how to look for refunds, old checks, random money sitting in places that you didn't even think about.
00:03:45.599 --> 00:03:52.400
And then one of the weeks, I am going to ask you to stay out of the grocery store and actually eat the food you've already paid for.
00:03:52.479 --> 00:03:57.360
Because if your freezer looks anything like mine, there is money sitting in there.
00:03:57.520 --> 00:04:00.159
The whole challenge comes down to four things.
00:04:00.400 --> 00:04:03.599
Find it, automate it, move it, count it.
00:04:03.840 --> 00:04:13.520
Every week you'll do a quick seat check-in where you'll tell me what money that you found, where you're struggling, and what you hope to accomplish.
00:04:13.680 --> 00:04:21.759
If you complete all six check-ins, I'm going to take that information and create a personalized own your seat financial safety report.
00:04:22.000 --> 00:04:31.040
I'll show you what I see in your six weeks of data, where you seem to have more financial leverage, and what I'd focus on next if I were you.
00:04:31.199 --> 00:04:39.839
And then everyone who completes all six of their check-ins will be entered into a drawing to win a free coaching session with me.
00:04:40.079 --> 00:04:42.399
There is no savings goal for this challenge.
00:04:42.560 --> 00:04:51.600
It doesn't matter how much you save because it's less about how much you save and more about the practice of learning and looking at where your money is going.
00:04:51.759 --> 00:04:55.600
Because I'm not interested in teaching you how to be disciplined for six weeks.
00:04:55.759 --> 00:05:00.959
I just want you to start noticing where your money is going and I want you to start keeping more of it.
00:05:01.120 --> 00:05:01.680
That's it.
00:05:01.839 --> 00:05:03.040
That's the whole goal.
00:05:03.279 --> 00:05:11.040
I want you to start building something underneath you so that when this economy continues to get shaky, you have your own safety net.
00:05:11.199 --> 00:05:15.920
Because we may not be able to own the table just yet, but you can absolutely own your seat.
00:05:16.079 --> 00:05:18.079
This challenge is completely free.
00:05:18.240 --> 00:05:19.759
The link is in the show notes.
00:05:20.000 --> 00:05:22.959
We start next Monday, September 14th.
00:05:23.120 --> 00:05:35.199
I will also be holding weekly office hours exclusively for challenge members where you can pop into Zoom and ask me any questions, any hangups, anything that tripped you up on that week's challenge.
00:05:35.439 --> 00:05:37.199
But first, you need to register.
00:05:37.360 --> 00:05:40.560
So links in the show notes, and I'll see you in one week.
00:00:00.160 --> 00:00:02.240
Hello, my generational change makers.
00:00:02.399 --> 00:00:09.839
This is gonna be a quick one because I just want to pop in and tell you about something I've been sitting with lately and something I've planned coming up.
00:00:10.080 --> 00:00:21.120
I keep hearing some version of the same headline over and over again, and it is black women's unemployment rate being at a record all-time high or the rising unemployment rate of black women.
00:00:21.199 --> 00:00:23.600
And for me, this isn't just theoretical.
00:00:23.760 --> 00:00:29.920
In case you don't know, earlier this year I was laid off for my corporate job and it was not my first layoff.
00:00:30.000 --> 00:00:40.159
And literally the only thing that kept me from spiraling when I was laid off was the fact that I had built a fully funded emergency fund.
00:00:40.320 --> 00:00:49.280
I had spent the last probably six years saving up and building an emergency fund that would support me should something happen.
00:00:49.359 --> 00:00:55.840
Now, the reason I was so hyper-focused on my emergency fund over the last couple years is mostly because I work in tech.
00:00:56.000 --> 00:00:59.759
I was working in tech, and the tech industry is incredibly volatile.
00:00:59.920 --> 00:01:03.920
And so I knew that the security of my job wasn't quite there.
00:01:04.000 --> 00:01:14.480
And then everything that has been going on in the economy right now, I think that that is true across the board, particularly with this administration and black women.
00:01:14.719 --> 00:01:16.799
So I've been sitting with that a lot lately.
00:01:16.879 --> 00:01:26.159
And while I cannot control what the economy does, I cannot tell you what for sure is gonna happen in the next six months with the economy or with your job.
00:01:26.400 --> 00:01:40.079
What I can control is I can help you build a safety net so that when the ground underneath you starts to shake, it becomes a little bit unstable, you feel more confident in knowing that you have a financial safety net.
00:01:40.319 --> 00:01:44.400
I want you to take a minute and think about how much cash you have on hand right now.
00:01:44.640 --> 00:01:48.719
Could you afford to miss one, two, or even three paychecks?
00:01:48.959 --> 00:01:59.200
What would happen if the unthinkable happened, if you lost your job, if you were laid off, if the economy does what the economists are saying that it is going to do.
00:01:59.439 --> 00:02:00.879
What are you going to do?
00:02:01.040 --> 00:02:02.000
That's the question.
00:02:02.159 --> 00:02:04.640
Because losing my job was still incredibly scary.
00:02:04.799 --> 00:02:13.840
But what kept me from spiraling was knowing that I had savings, knowing that I had options, knowing that I had time to figure out what was next for me.
00:02:14.000 --> 00:02:17.840
And so that is really where the own your seat challenge is coming from.
00:02:18.080 --> 00:02:22.800
This is going to be a six-week savings challenge that I'm going to run for my community.
00:02:22.960 --> 00:02:24.719
It'll be completely free.
00:02:24.879 --> 00:02:34.719
And it is going to be designed to help you find extra money in your budget, set that money aside so that you can start to build your own safety net.
00:02:34.879 --> 00:02:41.919
I did not want this challenge to be specifically about saving$1,000 in six weeks because I don't know what your money looks like.
00:02:42.080 --> 00:02:44.000
That may not be realistic for you.
00:02:44.159 --> 00:02:49.599
And I'm definitely not going to tell you to stop buying coffee or and pretend that that is going to solve everything.
00:02:49.840 --> 00:02:53.919
Instead, we're going to look at money that's already moving through your life.
00:02:54.159 --> 00:02:58.800
Every Monday for the next six weeks, I'm going to send out a money hunt.
00:02:58.960 --> 00:03:04.719
It's going to be a specific place to look for money that is slipping out of your budget already.
00:03:04.879 --> 00:03:17.680
We're going to look for money that you might be losing, that you might be forgetting about, things that you can negotiate that maybe you hadn't thought about negotiating, and just different ways that you can save money in your current financial situation.
00:03:17.840 --> 00:03:23.039
This is not a challenge where I'm going to go out and tell you to sell your car or get a second job.
00:03:23.280 --> 00:03:30.400
We are going to look at realistic, low-effort ways that you are already spending money in your budget that you might not realize.
00:03:30.560 --> 00:03:34.479
We're going to go through subscriptions that you forgot that you're even paying for.
00:03:34.719 --> 00:03:38.879
We are going to look at insurance that maybe you can renegotiate, internet.
00:03:39.199 --> 00:03:45.439
I'm going to teach you how to look for refunds, old checks, random money sitting in places that you didn't even think about.
00:03:45.599 --> 00:03:52.400
And then one of the weeks, I am going to ask you to stay out of the grocery store and actually eat the food you've already paid for.
00:03:52.479 --> 00:03:57.360
Because if your freezer looks anything like mine, there is money sitting in there.
00:03:57.520 --> 00:04:00.159
The whole challenge comes down to four things.
00:04:00.400 --> 00:04:03.599
Find it, automate it, move it, count it.
00:04:03.840 --> 00:04:13.520
Every week you'll do a quick seat check-in where you'll tell me what money that you found, where you're struggling, and what you hope to accomplish.
00:04:13.680 --> 00:04:21.759
If you complete all six check-ins, I'm going to take that information and create a personalized own your seat financial safety report.
00:04:22.000 --> 00:04:31.040
I'll show you what I see in your six weeks of data, where you seem to have more financial leverage, and what I'd focus on next if I were you.
00:04:31.199 --> 00:04:39.839
And then everyone who completes all six of their check-ins will be entered into a drawing to win a free coaching session with me.
00:04:40.079 --> 00:04:42.399
There is no savings goal for this challenge.
00:04:42.560 --> 00:04:51.600
It doesn't matter how much you save because it's less about how much you save and more about the practice of learning and looking at where your money is going.
00:04:51.759 --> 00:04:55.600
Because I'm not interested in teaching you how to be disciplined for six weeks.
00:04:55.759 --> 00:05:00.959
I just want you to start noticing where your money is going and I want you to start keeping more of it.
00:05:01.120 --> 00:05:01.680
That's it.
00:05:01.839 --> 00:05:03.040
That's the whole goal.
00:05:03.279 --> 00:05:11.040
I want you to start building something underneath you so that when this economy continues to get shaky, you have your own safety net.
00:05:11.199 --> 00:05:15.920
Because we may not be able to own the table just yet, but you can absolutely own your seat.
00:05:16.079 --> 00:05:18.079
This challenge is completely free.
00:05:18.240 --> 00:05:19.759
The link is in the show notes.
00:05:20.000 --> 00:05:22.959
We start next Monday, September 14th.
00:05:23.120 --> 00:05:35.199
I will also be holding weekly office hours exclusively for challenge members where you can pop into Zoom and ask me any questions, any hangups, anything that tripped you up on that week's challenge.
00:05:35.439 --> 00:05:37.199
But first, you need to register.
00:05:37.360 --> 00:05:40.560
So links in the show notes, and I'll see you in one week.
