Minority Money

Emlen Miles-Mattingly

5.0 (73)
INVESTING

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

06/12/2023

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 ********** Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com I Can't wait to meet you.

10 min
04/10/2023

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. ********** 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
04/03/2023

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.

14 min
03/27/2023

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
03/20/2023

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.

16 min
03/14/2023

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.

10 min
03/08/2023

Is Indexed Universal Life Insurance right for me?

The power of insurance should never be underestimated. But how about we dig deeper into what insurances do and realign them with your financial goals? Today’s episode is about Indexed Universal Life insurance. We talk about how it can be a good investment while serving as your life insurance. We’ll also discuss how to understand policies so you can strategize investing for it. We’ll also debunk insurance misconceptions so you can utilize it according to your financial intentions and outcomes. Make your goal specifically yours. Reclaim your power to strive for life. Tune in now! Key Points: [2:10] #1 IUL is your life’s investment! [13:24] #2 Find the best reason to opt for IUL [14:25] #3 Align your financial goals with the right insurance 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.

18 min
02/27/2023

Life is More Than Just Financial Goals

We are already in the final days of Black History Month! As we set our goals, we cannot help but strive for wealth. But how about we recalibrate them and aim for your well-being? Today’s episode is about setting your goals. We talk about how focusing on the things that speak longevity and genuine happiness as your goal brings you flexibility, clearer perspectives, and better relationships with the people around you. Make your goal specifically yours. Reclaim your power to strive for life. Tune in now! Key Points: [3:15] #1 What’s more important to you than money? [5:19] #2 Flexibility is your power! [09:19] #3 Make finding your genuine joy your goal! 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.

12 min

See All (184)

out of 5

73 Ratings

Emlen is a bright light in the industry

08/03/2022

Pete skeeter

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
different perspective and a fresh perspectives

05/30/2022

Bluevuk

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
When is First Generation wealth opening?

04/27/2022

AlbyG$

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
Great interview style and guests

04/05/2022

Jamayka876

Emlen does a fantastic job as host asking thoughtful questions. It's always a great dialogue and the duration is concise enough to be short and sweet. Keep doing what you're doing Emlen!

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

Creator

Emlen Miles-Mattingly
Years Active

2019 - 2023
Episodes

184
Rating

Clean
Show Website

Minority Money

Minority Money

Episodes

Celebrating the Legacy of the Minority Money Podcast

The Difference Between Price and Cost

Building Healthy Financial Habits & Principles for Future Generations

Removing Obstacles and Distractions for Financial Success

Spring Cleaning Your Finances: Tips for a Financial Fresh Start

The Ripple Effect of Silicon Valley Bank's Collapse

Is Indexed Universal Life Insurance right for me?

Life is More Than Just Financial Goals

Ratings & Reviews

Emlen is a bright light in the industry

different perspective and a fresh perspectives

When is First Generation wealth opening?

Great interview style and guests

About

Information