184 episodes

The Minority Money Podcast is about finance, family, fitness/health, and education and how all of these things affect your overall wealth.

Minority Money Emlen Miles-Mattingly

    • Business
    • 5.0 • 73 Ratings

The Minority Money Podcast is about finance, family, fitness/health, and education and how all of these things affect your overall wealth.

    Celebrating the Legacy of the Minority Money Podcast

    Celebrating the Legacy of the Minority Money Podcast

    Welcome back to the Minority Money Podcast! I'm your host, Emlen Miles-Mattingly, and it's been an incredible four-year journey. We've reached listeners worldwide, and I want to express my heartfelt gratitude for your support. 
    Recently, I took the opportunity to revisit our very first episode, and it struck me how much has changed since then. Reflecting on the growth and transformations that have occurred, both personally and professionally, I am overwhelmed with gratitude. Throughout the years, we have had the privilege of learning from exceptional guests, including my own wife and daughters, who have contributed their unique insights. I extend a special shout-out to everyone who has played a part in making this podcast a success.
    However, I have an important announcement to make. We will be discontinuing the Minority Money Podcast, but fear not—we're starting a new podcast called Hello Retirement, focused on retirement planning. Thank you for joining us on this ride, and stay tuned for exciting things to come.
    If you loved this episode, you have to listen to these episodes as well: 
    >> Welcome to the Minority Money Podcast!
    >> Building Dreams through Business with Hope Newsome
    >> Getting Ready For Retirement
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    Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com I Can't wait to meet you.

    • 9 min
    The Difference Between Price and Cost

    The Difference Between Price and Cost

    We often get caught up in the idea of making big purchases without fully considering the costs associated with them.
    In this episode we will explore the difference between price and cost through a conversation with my 15-year-old daughter about buying a car. While my daughter was focused on the price of the car and how to pay for it, I wanted to highlight the additional costs associated with owning a car, such as insurance, maintenance, and the cost of time spent away from other important activities. Understanding the difference between price and cost can also be applied to other significant purchases, such as buying a home. 
    As the summer approaches and people begin to explore new purchases, it is crucial to fully consider the cost of ownership before making any large financial decisions.
    Key Points:
    [01:25] #1 Calculation of cost of owning a car
    [04:27] #2 Illustration of buying a $500,000 home
    [06:15] #3 Importance of accounting for all costs associated with a purchase
    [07:06] #4 Trade-offs when making a financial decision
    If you loved this episode, you have to listen to these episodes as well: 
    >> Life Planning: Looking Beyond Finances with George Kinder
    >> Motivation vs Commitment
    >> Success for Minority Teens with Carlos Gomez
    I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.
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    Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com I Can't wait to meet you.

    • 11 min
    Building Healthy Financial Habits & Principles for Future Generations

    Building Healthy Financial Habits & Principles for Future Generations

    What financial advice would you give to your younger self or your children?
    In this episode, I’ll discuss principles for teaching young people about money. These include paying oneself first, not spending more than one makes, investing early and frequently, never stop learning, and managing debt effectively. It is very important to have open conversations with family members about money and building a healthy relationship with it.
    Build healthy financial habits and ensure that future generations are equipped to make informed financial decisions. Listen now!
    Key Points:
    [02:40] #1 Pay yourself first
    [05:39] #2 Don’t spend more money than you make
    [07:32] #3 Invest early
    [09:54] #4 Never stop learning
    [10:51] #5 Manage your debt

    If you loved this episode, you have to listen to these episodes as well: 
    >> Spring Cleaning Your Finances: Tips for a Financial Fresh Start
    >> Monitoring your Financial Plan with Dr. Preston Cherry [Step 7 of Financial Planning]
    >> Implementing the Plan with Shawn Tydlaska [Step 6 of Financial Planning]

    I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.
    **********
    Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com I Can't wait to meet you.

    • 13 min
    Removing Obstacles and Distractions for Financial Success

    Removing Obstacles and Distractions for Financial Success

    As we near the end of the year's first quarter, let’s reflect on the goals we have accomplished and those we still aim to achieve. 
    In this episode, we’ll talk about removing obstacles and distractions in our lives that prevent us from reaching our financial goals. We will also explore the concept of body budgeting and how it ties into the brain's function in the body's ability to budget. 
    Plus, don't forget to sign up for our six-month Spring Cleaning Your Finances Boot Camp Program with group coaching, one-on-one sessions, and access to an award-winning software for 12 months. 
    If you're looking to improve your financial health and spring clean your finances, make sure to check out this episode!

    Key Points:
    [01:44] #1  Spring cleaning finances boot camp offered by Gen X wealth
    [03:40] #2 "Seven and a Half Lessons About the Brain" and body budgeting
    [04:32] #3 The importance of removing obstacles to reach our financial goals.
    [07:20] #4 Tips and suggestions on how to remove obstacles to prepare ahead of time, set realistic goals, and create a routine.

    If you loved this episode, you have to listen to these episodes as well: 
    >> Spring Cleaning Your Finances: Tips for a Financial Fresh Start
    >> Monitoring your Financial Plan with Dr. Preston Cherry [Step 7 of Financial Planning]
    >> Implementing the Plan with Shawn Tydlaska [Step 6 of Financial Planning]

    I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.
    **********
    Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com I Can't wait to meet you.

    • 15 min
    Spring Cleaning Your Finances: Tips for a Financial Fresh Start

    Spring Cleaning Your Finances: Tips for a Financial Fresh Start

    Spring has arrived, and it's time to freshen up more than just your home! Why not give your finances a much-needed clean-up? 
    Join me in this episode as we dive into the benefits of spring cleaning your finances and discover how Gen X Wealth's Jumpstart Your Finances Bootcamp can help you reach your financial goals. 
    Let's make this season the start of a new, financially savvy you!
    Key Points:
    [1:45] #1 Jumpstart Your Finances Bootcamp by Gen X Wealth
    [2:14] #2 Key areas covered in Gen X Wealth's Bootcamp
    [4:21] #3 Tips on managing retirement accounts after being laid off or changing jobs
    If you loved this episode, you have to listen to these episodes as well: 
    >> The Value of a Financial Advisor 
    >> Planning Your Life & Finances - a 2022 Mash Up
    >> Own Your Home and Grow Your Mental Wealth
    I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.
    **********
    Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com I Can't wait to meet you.

    • 15 min
    The Ripple Effect of Silicon Valley Bank's Collapse

    The Ripple Effect of Silicon Valley Bank's Collapse

    Businesses beware: The collapse of Silicon Valley Bank sends a stark reminder of the impact a bank failure can have. 
    In this episode, we explore the far-reaching consequences of the bank run that caused its downfall and the importance of FDIC insurance for both individuals and businesses. 
    Listen to learn more about the impact of Silicon Valley Bank's collapse on businesses and the importance of FDIC insurance for depositors.
    Key Points:
    [1:16] #1 The collapse of Silicon Valley Bank
    [3:15] #2 What happens when a bank collapses and the importance of FDIC insurance
    [5:38] #3 The impact of a bank's collapse on the businesses that banked at that bank
    If you loved this episode, you have to listen to these episodes as well: 
    >> The Value of a Financial Advisor 
    >> Planning Your Life & Finances - a 2022 Mash Up
    >> Own Your Home and Grow Your Mental Wealth
    I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.
    **********
    Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com I Can't wait to meet you.

    • 9 min

Customer Reviews

5.0 out of 5
73 Ratings

73 Ratings

Pete skeeter ,

Emlen is a bright light in the industry

To hear how Emlen is changing the complexion of wealth and hearing how his guests do that as well is incredibly encouraging. He is a bright light in an industry that needs greater representation and Emlen is helping make that possible

Bluevuk ,

different perspective and a fresh perspectives

I was looking for different perspectives in the industry when i heard the one of the onyx networks cofounders had a podcast I was already like sign me up. It brings a lot of different topics and lessons that anyone can learn from

AlbyG$ ,

When is First Generation wealth opening?

I just listened to the latest episode with Valerie Rivera and that interview resonated with me. I’m a 35 year old union Capenter with a pension and I’m realizing I can’t rely on just that for retirement. I have a lot of 60 plus year old co-workers that can’t retire because their pension isn’t where they need it to be. I do not want to end up in that situation. I would like to be a potential client of Valerie’s and will try and contact her via twitter. Thank you both very much for the information. Love the podcast

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