Money With Clay Clay

Merry Christmas! We have some new data out there that is prime picking for a special Christmas episode. I came across an article that gave me much hope and cheer about our giving nature as Americans. It's an encouragement for sure and something that I believe should be considered more deeply. What if we all had more money? What would that lead to you from charitable perspective? Given the data, it seems as though if we had more money there would be even more charity. The question then becomes, how do we all get more money? I have an efficient solution that requires nothing more than the government making a decision. Will they ever do it? One can hope!


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And yet again, we have the news media throwing out headlines that are vilifying a certain group of people for doing nothing wrong. In fact, it's the exact opposite, This group of people are in the situation they are because of the decisions and actions they've made that have been helping people! During this crazy 2020 there have been some instances where it can appear as some people are taking advantage of the system, but that's simply not true. If you want to be mad about this particular situation, then that's fine but please direct your frustration and anger towards the people who are 'actually' responsible for it.


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Home prices have been going crazy! While there are several reasons to this, the main driving force is the one reason that rarely seems to be talked about. Let's talk some real estate and economics so that you are able to have a rational discussion with someone who may not have a full understanding of the issue. This problem also illustrates the perfect example of how "good government intentions" can create unintended consequences that then, by necessity, spin out of control. Let's get to it!


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I'm all for a good "mic drop" moment every now and then, and upon reading through an article there was an absolutely beautiful "game over" comment made. Sure, these moments are entertaining but when you peel pack the layers of the comments made, it offers some truly solid life advice for anyone with even a shred of ambition. To set the context, a reporter was talking with Eric Schmidt (former Google CEO) and questioning "the system" on what allowed him to become a billionaire. After a particular comment, he didn't' to put an end to it all and levy what was an undeniable fact about how he became a billionaire. It was a beautiful sight and reveals what everyone should always be striving to do in regards to approaching any choice they make. Let's get to it!


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It’s here. It’s time to shop! Everywhere I look I see Black Friday deals and previews of Cyber Monday deals. Let the chaos begin! While I don’t want to come across as a Grinch, I do want to give you a few things to consider when it comes to shopping. While I understand a 70% off deal may seem like a “good deal”, in many situations it’s not! In fact, not only is it not a good deal, it will also be setting you behind in many other areas of your financial goals and dreams. This may seem contradictory given you’d be saving 70% on something, but let me explain a common trick that our human mind plays on us which puts us backwards instead of launching us forward!


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Would you at least consider the thoughts of someone who is a billionaire and has 250,000 employees in their company? I would hope so!  Sure, we don't want to blindly follow anyone just because they have a huge net worth; however, I believe it is wise to at least hear them out and come to our own conclusion. In this episode we talk about four traits that Jamie Dimon believes creates success and overall effectiveness. The good news is these are traits that we can all implement. For some of us it may be harder than others, but that does not take away from the fact that with a focused effort, you can work on these traits and put yourself in the best possible position to succeed.  Let's get to it!


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