Money coach Charly Stoever dancing in front of a yellow wall

Episode 1 – Why I’m a money coach

In my very first podcast episode EVER (!!!) I share my journey to becoming a money coach. Growing up undocumented and experiencing money trauma helped form who I am today and the work I do. Once our community has the money that these billionaire tech dudes have, we won’t be launching rocket ships into space. We will be saving the planet. 



Episode 1 – Why I’m a money coach for queer/BIPOC first gens

Podcast transcript below

Hello everybody. Welcome to the Unicorn Millionaire Podcast. I’m your host, Charly Stoever, a non-binary Latinx money coach, helping my first gen clients become millionaires. I’m a formerly undocumented Mexican American and currently digital nomad traveling all over the world. Super excited to have you here along with me on my journey.

I talk about personal finance, money mindset, twerking, unicorns, rainbows, you name it. We’re here, we’re queer, and we are going to build wealth for ourselves and our communities.

Hello everybody. How’s it going? How are you doing? I am here in DC. In a house that I’m pet sitting for through because I love dogs, love animals, but I also love catching flights and traveling and going where I wanna go. So I am here in DC dog sitting for the summer. I’ve been here after spending a year and a half in Mexico.

I decided to come back to DC to hang out with friends and reconnect with people and go to the Smithsonian Museums, and I’m having the best summer of my life here. So, that’s how it’s been going so far with me. This is actually my very first podcast episode ever, which is super exciting, and I feel like it’s about time for me to record.

Love talking to y’all about my work, about how I help my clients, about just normalizing building wealth for LGBT, BIPOC first gen marginalized folk in general. And so, I’m really excited to start this journey with y’all. I love listening to podcasts and I decided to start one because I do love doing master classes and Instagram lives.

You can catch me on my Instagram at travel @travelerCharly, but I also like not having to stare at a screen , so that’s why I’m starting this podcast so that I can connect with all y’all who have that zoom burnout and are not trying to look at a screen all the time and can just listen to me and share hopefully with whomever you think this podcast will help.

Whether you’re just chilling before bed or have a six-hour long road trip and you wanna listen to this podcast. I’m very grateful that you chose to listen to this podcast, and so today’s episode is gonna talk about why I’m a money coach. For those of you who don’t know me, I’m a non-binary Latinx money coach, and I helped my first gen clients become millionaires. And today I wanted to do kind of Q&A and just answer some questions that people have asked me about my journey and talk about that so that y’all can get to know me.

Me a little bit better. Okay, so we’re gonna go way back in time to the start of my life. I was born in 1990. For some of y’all that might be thinking I’m hella young. Some of y’all, uh, Gen Zers might think that I’m old. It’s all good. Time is relative. Age ain’t nothing but a number. But we’re here, we’re queer. And I’m gonna talk to you about my journey.

Something that people have asked me is, have you always been interested in money? And to that, I say that for the longest time I was scared of money. So I was born in Morelia, Mexico and I moved to rural Washington State. At age three we moved to a tiny town called Moses, like Washington. In between Spokane and Seattle. There was hella white people, and I’m Latinx, but I’m also a white.

I have white privilege. But I just remember going to ballet class and feeling like the brownest kid in the room and the curies kid in the room. There was not a lot of diversity. Ethnically and religious wise, yes, there were some Mexican migrants who would go there and work in the apple orchards seasonally, but overall, it was a very white, Christian, conservative community.

I’m here queer, and I remember going to dances with cis white Mormon boys who were very nice, but I’m not really into dating boys or Mormon boys at this time. I remember growing up, any town with a Costco, to me was a huge city. We would drive about an hour and a half, two hours to go to the nearest city with a Costco sometimes on weekends.

That gives you a snapshot of the kind of place that I grew up in. We had no family or friends there. My dad married my mom in Mexico in Morelia, Michoacan. He was 29. My mom was 17. She had me when she was 21. Super young mom. Dad’s family had more wealth, and my dad is basically given an inheritance. And he chose a random place in the middle of nowhere far away from our family so that he could buy a house and have low cost of living and not really have to work much other than doing a very risky investments in real estate. So as you can imagine, I grew up with a lot of very strange money trauma where we would eat rice and beans. My mom would go through the washing machine, looking for extra change.

She’d take me to the grocery store and always tell me to buy the cheapest. This is still something that I do when I go to the grocery store and now I tell myself that it’s okay to buy the nice kombucha sometimes and treat myself and that the world won’t collapse, but healing this money trauma is a constant, intentional process that gets a lot easier once you’re intentional about it and can really trace the wounds back to childhood.

So, yeah, I was raised poor. However, sometimes my grandpa would send my dad money randomly, so I was able to travel to places like Hawaii and New York City by the time I was 14. But since we were undocumented, my dad used that to manipulate and control us. I remember when we got to the US, my mom didn’t speak too much English, but my dad basically forced her to learn English, and I remember he wouldn’t let her go to the DMV to get her driver’s license.

He said, oh, if you go to the DMV and get your driver’s license, they’ll deport us. I remember him telling me, don’t tell people you were born in Los Angeles, or they’ll deport us. So growing up, my last name was Johnson, so I feel like I need to write a book called Deporting the Johnson’s cuz shit was crazy and we were white and uh, had a house.

I just look back and I’m like, we had immense privilege being property owners despite being undocumented. And we are undocumented because we overstayed our visa. We flew over the border and simply overstayed our visa. That’s like privileged undocumented immigration too, that I don’t think people talk about enough.

Everybody assumes that undocumented immigrants are crossing the Rio in Mexico, and those other people are really risking their lives to get here. So I grew up with a lot of financial trauma as well as being informally undocumented. By the time I was 13, 14, my mom kind of got tired of my dad’s act and she said, your kids are basically American.

They need to become citizens so they can go to college. And he’d gone to Notre Dame cuz his dad paid for him to go to college in the United States, even though he was raised in Mexico. But he was like, College is a scam. My kids don’t need to go to college. They’ll just make it work. Because he had been used to being spoon-fed his life and having his family send him money randomly.

I think he just assumed that the same would magically happen for me, and that was definitely not the case. My mom divorced my dad and married our next-door neighbor who was a, uh, alcoholic Trump supporter. Very conservative, but he still treated me like his kid in many more ways than my dad did.

Growing up, I was homeschooled with my dad, and he would always yell at my brother and I. I think my dad was bipolar. He’d make us feel like we were stupid even though we were learning things like French and trigonometry and doing all these things, we were never good enough, which a lot of you, I feel, especially as first gen immigrants, you’re raised to feel like you’re not good enough. And that your parents shame you in private, but will brag about you in public to friends, family, and the neighbors. We didn’t grow up with any family, so the neighbors were the people to impress.

When we’d have people over, and I remember our next-door neighbor would always ask my mom with a nopal salad. She’d be like, Well, what’s this? This salad? What are these green things that my mom would have to explain? That’s nopal salad. It’s cactus. Every single fucking time. In a nutshell, that was me growing up. Uh, it was rough, but within that time I was a very creative kid. I was always drawing, I was escaping. That was my form of escapism.

In that trauma, I was drawing animals, going for walks, and doing a lot of creative writing stories, which was one of the few things my dad would assign me for. My homeschooling homework that I actually enjoyed doing was writing stories. I remember imagining I was a detective named Tuna Van Dyke, who was solving mysteries in the Amazon Rainforest.

Growing up, I idolized Steve Irwin. I loved animals and wanted to be a vet because animals like don’t talk back to you. They don’t judge you. And I grew up with a dog and I always felt safe around animals until I took biology, and I was like, I don’t give a fuck about the mitochondria of the cell. I’m gonna be a history teacher, cuz in my town, teachers are the ones with two story houses, so they were rich.

I thought that I should become a teacher to make money. And also thought I was middle class because I had a car until my brother had to tell me, no, we are not middle class. We are poor. Our parents just spend all the money that they have. Growing up I had little snippets of realizing my very unique privilege, yet also marginalization and disadvantage.

To that I was closeted cuz I did not feel safe coming out to anybody at all in my town. Didn’t speak a word of it until I started questioning. As soon as I started college at Wellesley College in Boston, when I was 17, I flew in myself cuz my mom couldn’t afford to check me in basically to college. So did that myself and that was the first place where I started feeling like I could create community and feel safe coming out of the closet.

And I have not looked. Since then, I’m unabashedly myself. I tell everybody openly that I’m queer. Of course, when I travel it’s different because as queer people, I have the gauge are sense of safety. That’s a little bit about me growing up and my experience with money and getting the fuck out of that tiny town where I did not feel safe to be myself.

So I went through a very emotionally turbulent childhood, just like so many kids of immigrants, and witnessed a lot of financial manipulation. But within that, I was always a saver because I learned that it was scary to lose money. I remember my dad coming to me when I was 10 years old and asking to borrow money that he had given me.

As a kid you kind of think, well, this is strange. Our parents supposed to do these things, but you don’t know any better. But I’ll never forget. That moment in which I felt that, okay, we’re not financially safe. If you have to come to a child in order to create that sense of safety and financial stability for yourself, something is not okay and money is scary, and that is a belief that a lot of people still carry with them until this day, even whether they’re 10 or 80 years old.

It’s really important to talk about these experiences so that we recognize these thought patterns that aren’t serving us in our wealth building journey so we can become millionaires and help our communities build wealth as well. So I’m really dedicated as a money coach now to shifting our mindset from scarcity to that of expansion and abundance, cuz that’s definitely not what capitalism wants.

To think, right? Capitalism wants us to stay scared. I work for one employer while stockholders profit off of our labor, but it’s all about unlearning that. What made me leap, take the leap and start my business is a question that I get asked a lot as well, and that I say I was tired of being exploited for my labor in my twenties and being underpaid as a teacher, as a tour guide and as a blogger.

After college, I felt that, oh, well, I was lucky enough to be able to go to college after becoming a US citizen. My senior year I was sworn in at TD Garden with a bunch of other, mostly Southeast Asian immigrants, even though I’d lived in the US for 18 years up until that point. And I just thought, Okay, well now I can become a teacher and give back to other communities, but I’m not trying to move back to white rural Washington state.

So let me move to San Antonio, Texas where I worked at Burbank High School in the south side with City Year doing ESL tutoring and math tutoring as I applied to Teach for America. But did not get in. Even applied twice. Had to listen to the universe after a while when the universe told me that that was not the right fit for me.

I taught in high schools. Then I moved back to Boston because I was like, well, I thought I hated Boston, but I really don’t fit in in Texas with all these guns and sports bars. I like playing sports, but I don’t like watching sports. And so I did not feel like I fit in in Texas, even though I miss the margaritas and the queso and that food is so good and the brisket.

My mouth is watering. Just thinking about it. Can I go back to Texas just for dinner and leave please? Anyways so after Boston, I did the Peace Corps in Nicaragua, where I taught English to high schoolers, but mostly high school teachers because they had no one to, to teach them English and work on their pronunciation.

So that’s something that I did, but we had a lot of time off class was always canceled because the socialist government led by the dictator Daniel Ortega wants people to stay stupid. I remember they would take off a week for Semana Santa and then even after the week off, they’re like, oh, we’re gonna take more days off to rest from the break that we took, and things like that.

It was hard, but it’s kind of like the same in the US. The US public education system sucks and the government wants people to stay dumb, and that’s why they don’t teach financial literacy in public schools. Because they don’t want us to learn all these things that I dedicate myself to talking about every day online and in person with people.

After the Peace Corps, I moved to Washington DC to try to get a cushy government job as one does after the Peace Corps, but there was the federal hiring freeze. As I moved here when Donald Trump got elected January of 2017, it was a very depressing time, but I still love all my friends and was happy to be in DC versus rural Washington state where I basically got kicked out of home and I did not feel welcome there again.

And I have not been back since, for about six years, since that moment, I felt much safer being in Washington DDC Not to mention I was recovering from PTSD. From having done the Peace Corps, I was assaulted, sexually assaulted, just went through a lot of stuff and if you’ve ever talked to a Peace Corps return volunteer or heard about it, there’s some pretty wild things that happened during people’s services.

A couple months later, after I came back, a bunch of other volunteers were evacuated because there was political uprisings in Nicaragua because the government was deciding to start cutting social benefits even more, and people blocked the streets and rioted, and the government still cracked down and everything.

So a lot of peaceful volunteers had to be evacuated, which was really hard for some people. I can’t imagine that. Um, but yeah, tried getting a job in DC and I got turned down when I was literally told in interviews that I would not be hired because I didn’t have a Masters. Instead of getting a government job that I thought I would be able to easily get, I was doing bike tours on the National Mall after just having moved here.

Two months after that I started reading PDFs and learning about the National Mall’s history and the different monuments and the white slave owner history like that of Thomas Jefferson and Ulysses S. Grant. But it was cool to learn about things like the Japanese Internment Memorial and, just show people around dc.

I helped people who live here and who are visiting from all the world learn more about DC, but it was just so interesting getting tipped for doing my job, and I thought, wow, this is so strange that I’m getting tipped for doing my job. Yet as a teacher, I was exploited underpaid, and I was never getting tipped for helping raise people’s children for them, which says a lot about the public education system.

When I was living here in DC I was hustling and I just kept thinking, wow, I’m making the rent, living with four roommates. I’m hustling, but I can’t be doing this until I’m 70. I want 70- or 80-year-old Charly to be good and taken care of. Need to start learning about investing cuz a lot of my white middle class friends kept talking about Roth IRAs and investing and letting your money grow.

I had a friend who was a financial advisor help me open up a Roth IRA and a brokerage account, robo advisors. And all she had to show me was a chart of the stock market and all the potential growth that I’d miss out on. I wasn’t making a lot at all. The most I’ve ever made working for anybody else was $40k.

But in that moment, I just learned that it’s important to start while you’re young and let time do its thing. Time in the stock market is so much more important than timing the stock market. So that conversation changed my life. And then, um, I started doing cross country tour guiding tours for people from Europe and Australia to show them the national parks.

As an example of one tour I did, I was trained to drive a 15 passenger van and hit a trailer to it with camping materials and a stove. I took a group of British people all the way from New York to Los Angeles myself as the driver and tour guide. That happened in three weeks and along the way with camp and stuff.

Then we went on the Vegas party bus at the stripper pole. But that job was also exploitative and exhausting sometimes driving up to 10 hours a day and nearly falling asleep at the wheel. It was very intense. I got to see so many parts of the US that I never would’ve thought to visit because it’s just so expensive to travel in the US when you can just catch a flight to Latin America and see so much more on so much less money.

Um, but in that time, I learned about credit card points hacking and investing because the white male cis mail tour guides talked about credit cards, and of course they were trying to refer me to their credit cards, and I was skeptical. Once they explained how credit card bonus offers work and the fact that we can rack up points because for our job we’re not paid much, but we’re always handling cash and getting reimbursed.

It was just a no-brainer to hop on these bonus intro offers. And I thought that sounds great because my crappy Bank of America travel rewards card’s not giving me anything, so why not try it? I have a decent credit score, but let’s do this. So that opened up Pandora’s Box and I was able to rack up thousands of dollars in points, still paying off my credit card every month in full.

And I traveled to Latin America for six months. Camping with a tent in my backpack and all of my clothes and belongings in a big backpack and a small backpack. I spent three months in Colombia camping, couch surfing, staying in hostels, staying in hotels with my credit card points. Then I flew for New Year’s to Uruguay and spent a week there, but it was pretty empty cuz everybody was in Brazil, in Argentina.

Then I crossed um, this, I don’t wanna say the straight, not the ocean, not the river, a body of water and got to Buenos Aires, and then from there, flew to Patagonia and camped by myself, but I was freezing my butt off. In Patagonia and I was in a single as fuck one person tent that just screamed this person is very single, and I remember there were people in the tents next to me keeping each other warm in more ways than one.

One couple started getting it on, but I was like, Okay, thank God it’s a straight couple. This is only gonna last like three minutes. Let me just listen to a song and it’ll be over. But I don’t like the cold. I don’t like it. I don’t like snow. I don’t like being cold. I’d rather be hot than cold. So, um, I realized this, my time here is ending in the southern part of South America, even though it’s summer here, I’m still freezing my butt off.

Let me go up to Santiago, Chile real quick to just check out the. And go to the Museo de la Memoria that was all about the dictatorship in the, the seventies over through Salvador Allende. Uh, learned all about that, the rich history there.

And then flew from Santiago to Cancun to go to Tulum and Playa Del Carmen and the Riviera Maya to soak up the sun and beach life and actually ended up moving there when Covid had hit and completed my masters there, but at that time I was traveling through Mexico and seeing the southern part of the country. I did the Carnaval in Veracruz.

I was always looking at how my brokerage account and my Roth IRA were constantly fluctuating. It was strange to me that it’s not like savings account where the money’s there and you make. If you log on and check your investment accounts. Wild to me to see that I could refresh the page and the amount would constantly be fluctuating and changing, which just goes to show that money isn’t real.

It is always changing and flowing. It comes and goes, and it’s unpredictable, but we assign so much value on money that I thought it was so cool that I was investing in stocks. I didn’t even understand, but I was doing it and I was setting my future up. So I called my friend who had set me up with the investment accounts and I said, hey, should I get an MBA?

Cuz I really love how you helped me and I wanna help others do the same. And she said, no, just work for us. You can work as a stockbroker and then become a financial advisor and they’ll pay for you to take your licenses. So I interviewed for that job with no finance experience whatsoever, but because I wanted to help people and was passionate.

Personal finance and listening to the Afford Anything podcast and helping others that I landed a stockbroker job in Indianapolis, Indiana. And I remember when they were interviewing me, they were like, why are you, why do you wanna come here to Indiana? I said, I know it’s not the hottest place for a queer person to live, which I wasn’t, but I’m here to learn and help people and make the most of the situation because everything is temporary.

And boy did I make the most of that shitty situation. Like coworkers were never outwardly transphobic, but they would say transphobic things. I remember I, some days I would dress feminine and wear a dress and the next day I’d wear like a tie and some suspenders cuz I thought I was so fancy being a stockbroker, even though in reality we were just sitting in a call center answering calls all day and talking about the stock market.

I just wanted to, you know, dress up like the fox of Wall Street I don’t even want to say Wolf, the Fox of Wall Street, but I remember getting stared at when trying to go to the restroom because I present as male, and I would always use the women’s bathroom.

Remember, only have like one or two colleagues in the entire year over a year that I worked there asked me what my pronouns were. So that was how that was. Oh, and clients telling me that I don’t sound like a Charly, and that they want to talk to a male stockbroker. As you can see, I definitely did not want to stay there forever, and so I decided well, I need to get out of here.

Then Covid was hitting, and I was so excited the stock market was gonna crash because we’d had a great economy, not economy, the stock market was doing great for 10 years, and all of a sudden stuff was on sale. Myself and my colleagues were salivating at the thought that stocks were gonna to be cheaper.

I just thought, this is great for me, but what about my community? And all these people that are calling and are gonna be homeless because the stock market crash, they don’t understand how stocks work or they’re gonna go into more debt cause people are gonna lose their jobs. So I just had this knowing, this fissure within the American capitalist economy that things were never gonna be the same economically.

People who are already somewhat good were gonna benefit and leave the situation better off while people who had no financial literacy skills or awareness were gonna be screwed over even more, uh, in the U.S. And this is coming from somebody who’s been on food stamps throughout my twenties with a college degree.

The little social safety nets that the US does offer are jokes, as we saw with these measly stimulus packages that are barely enough to pay for rent for a lot of. But I also noticed that a lot of people who had money on the side were waiting for this dip. They had tens of thousands or millions of dollars in cash on the side, and they swooped in and bought houses for cheap, which is why the housing market is so inflated and stuff so expensive right now.

Government lowered interest rates, making money cheap and accessible for two years, and now we have a recession going on because in my opinion, the government waited way too long. The lowering of the interest rates benefited corporations. Of course, we still have not had a student loan forgiveness. So, if anything, this time has taught us that we can even still have a democratic present, but still people in the bottom are still gonna suffer financially.

It’s really up to us to learn about the system that we inherited, the capitalistic system we inherited against our will so that we can benefit from it while we can, but then also break free from it. In my ideal world, I will no longer be investing in the US stock market, in these private companies and investing in my own business or other BIPOC owned marginalized community, queer owned businesses, and just cycling money to and from each other.

To me, that’s my ultimate vision of Mutual Aid. But in the meantime, I have to give myself grace and know that this is the system that we have for now. It’s not like we can invest in non-profits in our pensions and retirement funds. The system is this way for a reason. We’re investing in private corporations and people’s retirement accounts depend on their performance.

A lot of things that I learned working in finance and just as a human in America. It was a lot.

So I quit my job and then I got a full-time Social Impact MBA at the Heller School at Brandeis because I’d done the Peace Corps and they had a partnership with the Peace Corps. So I then moved to Denver and lived there for a few months with a friend and started my MBA so that I could get back to DC and finally get a job and not get turned back because I didn’t have a Master’s.

That was really the plan. But then I started doing, money coaching on the side. I remember posting on my Instagram stories saying, I’m thinking about doing credit card coaching for points hacking because so many people kept DMing me asking me how I still had not run out of money yet since I was obviously not making a lot.

I noticed a trend, but that’s advice I give other entrepreneurs, many of whom are my clients, are also entrepreneurs, is if people keep asking you for very specific advice, monetize it. You can grow that into a business. People feel good. They should feel good paying you for your services, whether it’s emotional labor or intellectual labor, life coaching, setting up a blog, negotiating salary, or my money coaching.

These are all forms of emotional and intellectual labor, and we deserve to be compensated for it. Um, so. That was the start of my money coaching journey. I used to just give one-on-one sessions and then, uh, moved to Denver and started just studying for my MBA and doing one-on-one sessions on the side, just getting referrals here and there through Facebook, and I was definitely undercharging, so it was hella easy for me to feel like, Oh, I have clients all the time because I was undercharging, which is another sign.

If you are swamped with clients, you need to raise your prices, especially if your clients are sending you tips or energetically showing you that you’re undercharging.

That’s what I learned there. But I just remember in October I got dumped. I was dating somebody there in Denver and I was surrounded by Trump supporters I was just a little bit outside of Colorado and Golden in a white neighborhood full of white Trump supporters and their make or Keep America great again 2020 signs.

And I was like, I don’t wanna be here anymore. I don’t care who wins the election, I’m out. So I remember signing up for a Southwest Chase card to work that bonus intro offer and got a free like $200 flight, booked a ticket one way, and moved to Playa del Carmen, which is about 45 minutes south of Cancun because I’d love Tulum, but Tulum is too expensive.

All the Tuluminatis, all the LA and New York folks go there to party, sell the Mojitos basically the same as they would cost in New York, and I’m not about that. I didn’t really like the vibe of Cancun. It felt very touristy when I was there. It felt like Las Vegas by the beach, which might be fun for a little bit, but not to live.

I’d actually never even been really in Playa del Carmen much, I just stopped there on the bus terminal on the way from Cancun to Tulum. But apparently, according to Google, a lot of digital nomads moved to Playa del Carmen. And there’s decent Wi-Fi and it’s very walkable and bikeable. And I was like, all right, let me just try this out.

I didn’t know a single person there had no plan, but I booked a month-long Airbnb to get those credit card points. And because you get a discount when you book Airbnb’s for a week or a month for long term stays. So to me, it’s just wired in me to make the most of every situation that I’m given.

So I stayed there for a year and a half, completed my MBA, but in the meantime, I hired a business coach. Cat del Carmen. Yes, my Guatemala queen. I love you, Cat. And she rocked my world. She changed my life. I was going from making a couple hundred bucks a month to right after paying her at the time when she was just starting, she only charged $3000 for three months weekly coaching, which was a steal.

I sold my Tesla stock to pay for that, and after a month of working with her and doing the damn work, I made about $7,500 back in return because I shifted from just doing one off calls with anybody to working with people who wanted to come in and talk to me every two weeks and see consistent long-term results.

At the time, I was starting off with just a three-month program, and now I’m doing a six-month program where I focus on money mindsets, credit card bonus offers, getting you access to those bougie lounges with the unlimited mimosas at the airport. Investing not just in retirement, but also in a brokerage account. So investing in lots of different investment account types and understanding what the hell we’re doing in these investment accounts, it’s not enough to just open an investment account.

We have to understand what we’re investing in within these investment accounts, cuz if you’re just having cash in a retirement or investment account, you’re still losing value to inflation. It’s important to have a solid emergency fund of six to 12 months of expenses built up in case something happens, but it’s also to invest any leftover cash that you have, because right now inflation’s about 8% and you’re only getting a 1% interest if that in your high yield savings account.

High yield savings accounts are a scam. Yes, I have them because I enjoy getting a slightly higher interest rate than in a crappy checking account. But at the end of the day, every single day, your cash is losing value to inflation. And I really want that to sink in for people. As an example, I like to tell people is that when back in 1950, you could probably buy a house for like $2,000, go to the movie theater, and get a bag of popcorn for 50 cents.

All right? Now a bag of popcorn at the movies can cost $10. It’s because the value of money is lower. So you need more dollars to buy the same thing. If you have $10,000 today and just keep it there in cash, in 10 years, it’s gonna be worth about only $4,300. If you invested that $10,000 in 10 years, it’s gonna be worth about $40,000.

We’re in this for the long term, and so that’s why it’s important for me to take all the crappy experiences I had as a stock broker with the asshole clients and convert that and alchemize those bad experience into helping my community build wealth, helping my clients help themselves open up investment accounts and open up investment accounts for their parents.

I have a lot of clients who are first gen, a lot of them are Latinx and their parents are in their fifties and don’t have any retirement accounts. The work that we’re doing for ourselves is ultimately tricking down and helping our communities. So that’s why I’m a money coach and also because I believe in our community, we are the socially conscious funds.

I feel like if our community had the money that Elon Musk had, we wouldn’t be building Rocket ships blessing out into space, having these big dick competitions with each other. We’d be fixing stuff on the planet and trying to save the beautiful planet that we’re on, instead of trying to go to Mars or colonize space.

It’s ridiculous and that’s also why I’m a money couch. I hope this episode has resonated with you and that you’ve gotten to know me a little bit more. Even if you already know me, maybe you learn something new about me. So yeah, that’s today’s episode.

If you’re interested in working one on one with me, I am taking clients for my six months of coaching and that’s for folks who are really serious about putting their extra cash to work so that we can start embodying our millionaire selves.

Now, we don’t need to wait to have a million dollars sitting in our bank accounts, cuz that’s an arbitrary number for us to make baller life decisions and life moves. And calling in my future self is something that often allows me to help decisions in much easier crisper ways. Like starting this podcast, my future self was like, just do it. It doesn’t have to be perfect.

Cause my perfectionist self gets in the way sometimes. When we try to do something too well, we just end up not doing anything at all because we’re afraid of failure. But I like to lead by example. Who am I to coach my clients to encourage them to fail if I’m not doing the same every day and seeking coaching myself and seeking support, cuz we’re all in this together.

I’m also doing a masterclass about investing in brokerage accounts at the six-figure level on July 17th at 1:00 PM Eastern. You can sign up for that. Go to the link in my bio my Instagram, my website is Feel free to review, share this episode with somebody that you feel like it could help, give them a new perspective.

And I appreciate you so much for listening. Yay. I feel like I wanna break a pinata and celebrate that I just recorded my very first podcast episode.

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