It's Like Therapy

Anthony Hadley Jr

Conversations amongst friends, where seemingly no topic is off limits.

Episodes

  1. 12/16/2024

    0002: Financial Literacy & Legacy with Kelsey Wilson

    Kelsey Wilson, founder of comprehensive wealth management firm Black Lines Financial, joins the podcast to discuss topics ranging from financial literacy, attaining true equity, and how past generational habits and trends influence our current socioeconomic status today. 00:00:00 - Introduction and Guest Background 00:00:27 - About Black Lines and Fiduciary Financial Firms 00:01:16 - Kelsey's Journey into Finance 00:03:31 - Financial Literacy in America 00:05:06 - Investment Strategies and Savings 00:06:03 - The Role of Financial Advisors 00:07:19 - Contributing Factors to Financial Illiteracy 00:08:34 - The Importance of Early Financial Planning 00:10:38 - Addressing Financial Constraints 00:13:51 - Payday Routines and Personal Finance Management 00:15:44 - Investment Strategies and Personal Spending 00:17:21 - The Psychological Aspect of Money 00:18:31 - The 60-20-20 Rule in Financial Planning 00:21:39 - The Influence of Marketing and Peer Pressure on Spending Habits 00:25:46 - The Importance of Conscious Financial Decision Making 00:27:26 - The Impact of Generational Financial Habits 00:27:26 - Generational Financial Literacy and Its Evolution 00:28:20 - The Influence of Historical and Cultural Factors on Financial Habits 00:31:18 - The Historical Impact of Slavery on Consumption Habits 00:32:49 - The Evolution of Wealth in the Black Community 00:33:35 - The Need for Reparations and Equitable Resources 00:35:30 - The Role of Government in Addressing Inequities 00:36:52 - The Business of Slavery and its Profits 00:41:05 - The Importance of Keeping the Conversation Alive 00:42:20 - Quantifying the Profits from Slavery 00:45:39 - The Modern-day Implications and Continuation of Slavery 00:46:43 - Incarcerated Labor Force and Modern Slavery 00:50:07 - The Impact of Economic Inequity on the U.S. Economy 00:53:30 - The Global Currency and the U.S. Dollar 00:56:27 - Investing in Cryptocurrency 00:58:51 - Retail Investors and the Stock Market 01:02:01 - Managing Your 401k Investments 01:02:32 - Understanding Investment and Voting Rights 01:03:51 - The Power of Financial Literacy 01:04:56 - Thoughts on BlackRock, Vanguard, and State Street 01:06:32 - The Role of Government in Market Regulation 01:08:14 - The Influence of Large Companies 01:09:23 - The Balance of Power in the Market 01:11:57 - Introduction to Black Alliance Financial 01:14:40 - Final Thoughts and Contact Information

    1h 16m

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Conversations amongst friends, where seemingly no topic is off limits.