The Money Expert: If Youโre Living Paycheck to Paycheck, Please Watch This Video! | Anthony O'Neal
Resumen
TLDRIn the video, Anthony O'Neal shares insights on achieving financial freedom while discussing common misconceptions regarding credit scores and the true nature of wealth. He believes many people feel trapped by their financial situations due to a lack of knowledge about managing finances, budgeting, and the importance of emotional health in decision-making. O'Neal outlines a process for individuals drowning in debt to create a vision for their financial future, emphasizing the need for ownership and a shift in mindset. His method, 'earn,' illustrates evaluating one's current situation, arranging a financial vision, rendering a strategy, and taking action to manage and grow one's finances. O'Neal encourages viewers to invest in knowledge, build wealth intentionally, and embrace authenticity in their lives for true freedom and well-being.
Para llevar
- ๐ฐ Identify your financial vision for the next 1-5 years.
- ๐ Track and measure where your money goes to manage it effectively.
- ๐ Focus on owning assets rather than just improving your credit score.
- ๐ Create a 'mistakes journal' to learn from past financial decisions.
- โ๏ธ Balance emotional health with financial decisions for better outcomes.
- ๐ Avoid consumer debt to achieve true ownership and financial freedom.
- ๐ Invest in financial education to empower your financial decisions.
- ๐ Utilize your skills to create income-generating opportunities.
- ๐ค Support qualified minority-owned businesses but prioritize experience.
- ๐ Stewardship includes managing all God-given resources, not just finances.
Cronologรญa
- 00:00:00 - 00:05:00
The lack of financial education is prevalent, with social media influencers avoiding important money lessons. Anthony O'Neal emphasizes that understanding budgeting and investing is vital for financial freedom, rather than just achieving a high credit score.
- 00:05:00 - 00:10:00
O'Neal highlights that an impressive credit score does not equate to financial freedom. He urges people to seek ownership over debt instead of relying solely on borrowed funds for wealth building, stressing the importance of tracking and managing financial flows.
- 00:10:00 - 00:15:00
In a discussion with Lewis Howes, O'Neal introduces his new book 'Take Your Seat at the Table,' advocating for authentic living amidst prevalent anxiety and stress caused by debt. He argues that many face overwhelming debts due to lack of knowledge.
- 00:15:00 - 00:20:00
People often feel trapped by their debt and fail to understand that addressing their financial situation requires ownership and willingness to change. O'Neal encourages recognizing the consequences of consumerism and its impact on personal freedom.
- 00:20:00 - 00:25:00
O'Neal discusses the stigma attached to credit scores in relationships, suggesting that relying solely on this metric can misrepresent someone's overall financial health. He shares personal experiences of being judged based on credit scores rather than true financial responsibility.
- 00:25:00 - 00:30:00
He suggests that true financial success should focus on creating a legacy and building wealth through wise investments and ownership rather than just maintaining a high credit rating. He promotes life lessons over superficial financial achievements.
- 00:30:00 - 00:35:00
O'Neal stresses the importance of learning from past mistakes and documenting valuable lessons in a 'mistake journal' for future generations, advocating for knowledge sharing and growth through shared experiences.
- 00:35:00 - 00:40:00
Acknowledge the reality of personal finance; O'Neal urges individuals drowning in debt to face their situation honestly and create actionable plans, including establishing a detailed budget to track expenses and income.
- 00:40:00 - 00:45:00
O'Neal outlines a four-step process for financial recovery: evaluate current financial status, arrange a vision for the future, render a strategy for achieving that vision, and, crucially, take action to move towards financial freedom.
- 00:45:00 - 00:51:25
He emphasizes that entrepreneurship isn't a universal solution to financial struggles. While cultivating an entrepreneurial mindset is beneficial, the expectation that everyone must start a business can lead to disillusionment and misplaced priorities.
Mapa mental
Vรญdeo de preguntas y respuestas
What is Anthony O'Neal known for?
Anthony O'Neal is a best-selling author, speaker, educator, and financial coach.
What does O'Neal say about credit scores?
He argues that while credit scores are often praised, they do not equate to financial success, as they cannot be passed down as a legacy.
How can someone start getting out of debt?
O'Neal suggests evaluating one's finances, creating a budget, and arranging a long-term vision for financial freedom.
What is 'consumer debt free'?
It means paying cash for expenses outside of real estate and not relying on loans or credit.
What does O'Neal recommend for budgeting?
He recommends a zero-based budget and tracking where every dollar goes.
How does one manage emotions related to money?
O'Neal emphasizes the importance of understanding and controlling emotions to prevent poor financial decisions.
What does O'Neal mean by 'abundance'?
Abundance for him means having overflow in life, resources, and happiness that can be shared with others.
What should someone prioritize to achieve financial freedom?
Prioritizing knowledge, mastering budgeting, and creating actionable plans towards debt reduction.
What is one financial mistake O'Neal mentions?
Choosing a less experienced contractor for a home project, which led to significant additional costs.
How does Anthony define good stewardship of money?
Stewardship is managing what God has entrusted to you, including time, money, and relationships.
Ver mรกs resรบmenes de vรญdeos
- 00:00:00this is something that we do not talk on
- 00:00:01social media influencers don't talk
- 00:00:03about this we're not really taught money
- 00:00:07lessons we're not really taught hey do
- 00:00:09you budget we're not really taught do
- 00:00:10you invest we're taught hey don't you
- 00:00:13have a good 800 credit score you can
- 00:00:15always get Finance number one
- 00:00:18best-selling author course creator
- 00:00:20speaker educator as his own business is
- 00:00:23going to do eight figures this year
- 00:00:25Anthony O'Neal is in the building ladies
- 00:00:27and Gentlemen let's go
- 00:00:30we have programmed in our minds that the
- 00:00:34way to be successful in life is to have
- 00:00:36this amazing credit score but you can't
- 00:00:38pass down the three-digit score you
- 00:00:40can't give your son and your daughter
- 00:00:41and build a legacy with that score and
- 00:00:44I'm thinking while using other people's
- 00:00:45money so I can build wealth well no you
- 00:00:47were using other people's money and
- 00:00:49because you're using other people's
- 00:00:50money now you're in bondage here's the
- 00:00:52truth you can not manage your money if
- 00:00:55you're not measuring for those of us who
- 00:00:57are watching this show a lot of us are
- 00:00:59probably saying saying I just got paid
- 00:01:01last week but I don't know where the
- 00:01:02money went and it's because you're not
- 00:01:04managing it well because you're not
- 00:01:06measuring where your money is going if
- 00:01:07you were broke today and if you were in
- 00:01:10debt let's say what is the exact process
- 00:01:12you would take then from going from
- 00:01:14broken in debt to creating a financially
- 00:01:17free life oh I get excited about this
- 00:01:20all right very first
- 00:01:22thing welcome back everyone School of
- 00:01:24greatness very excited about our guest
- 00:01:26we have the inspiring Anthony O'Neal in
- 00:01:28the house my man what's up man see
- 00:01:30brother good to be back man listen
- 00:01:32listen good to be back on the ls how
- 00:01:34show but I mean we're at the table so
- 00:01:36I'm really excited about this we are at
- 00:01:37the table you got a new book called take
- 00:01:39your seat at the table live an authentic
- 00:01:41life of abundance wellness and freedom
- 00:01:43yes sir most people are not free today
- 00:01:45they are living in a lot of debt they're
- 00:01:47living in a lot of stress and a lot of
- 00:01:49anxiety and we all know that money
- 00:01:52problems are one of the the main things
- 00:01:54that cause anxiety stress overwhelm and
- 00:01:57a lack of freedom for people would you
- 00:01:59say that that people being in debt and
- 00:02:02not knowing how to get out of debt is
- 00:02:03one of the biggest things that causes
- 00:02:05them stress around money and it was so
- 00:02:08how do people start to get out of debt
- 00:02:10when they just feel overwhelmed by it I
- 00:02:12think I think people are in debt because
- 00:02:13of the lack of knowledge you know people
- 00:02:15PA is for the lack of knowledge and
- 00:02:18wisdom right and so I think we have
- 00:02:21programmed in our minds that the way to
- 00:02:23be successful in life is to have this
- 00:02:26amazing credit score is to have all this
- 00:02:28amazing debt right right cuz we're using
- 00:02:31other people's money but then when we
- 00:02:33wake up we have this 800 credit score we
- 00:02:36have this debt but then we don't have
- 00:02:37any freedom and we we don't have freedom
- 00:02:40because we don't have ownership so when
- 00:02:41I step back and I look at my life if I'm
- 00:02:44going to take a seat at the head of my
- 00:02:46table I have to have a level of
- 00:02:48ownership and ownership means that uh
- 00:02:51particular Banks because we're on the
- 00:02:53school of greatness I won't name any
- 00:02:54banks uh but if I'm if I'm with this
- 00:02:57bank this Bank gives me a personal loan
- 00:02:59I have a credit card with this
- 00:03:00particular bank I have a car loan with
- 00:03:03this particular bank I have student
- 00:03:04loans over here now all of these
- 00:03:07institutions now sit at the head of my
- 00:03:09table and they're telling me what to do
- 00:03:11and I'm thinking well I using other
- 00:03:12people's money so I can build wealth
- 00:03:14well no you are using other people's
- 00:03:16money and because you're using other
- 00:03:17people's money now you're in bondage so
- 00:03:20so now when you wake up to those to
- 00:03:22those debtors to those debtors to those
- 00:03:23creditors so think about it I can't go
- 00:03:25to my son's basketball game because when
- 00:03:28I get off of work I have to get another
- 00:03:30job because I have to pay them back
- 00:03:32interest interest and I'm and I'm over
- 00:03:36oversaturated with how much money I got
- 00:03:38to get back so I think with people the
- 00:03:40reason why we're so stressed is because
- 00:03:41we really have to step back and ask
- 00:03:43oursel like wait a minute do I have
- 00:03:45ownership to this day I still believe in
- 00:03:47100% being Consumer Debt free right
- 00:03:50Consumer Debt free means that you know
- 00:03:52anything outside of my real estate
- 00:03:54anything outside of an asset I'm going
- 00:03:56to pay cash for it because I want to
- 00:03:58have ownership to where when I'm blessed
- 00:04:00to have a family when I'm blessed to
- 00:04:02have kids but I can wake up and decide
- 00:04:04what I want to do with my with my life
- 00:04:07not what do I have to do because I owe
- 00:04:09everyone money that's just the bottom
- 00:04:11line so so debt is one of the big things
- 00:04:14that holds people back what do you think
- 00:04:15is the number one thing that's stopping
- 00:04:18most people then from becoming debt free
- 00:04:21I I think it's because they don't want
- 00:04:22to sit back and and and be honest and be
- 00:04:24different you know U it's it's easy to
- 00:04:26blend in with the world because everyone
- 00:04:28is doing this everyone is talking about
- 00:04:30a 800 credit score everyone is saying
- 00:04:32know even like with me you know you're
- 00:04:33engaged to an amazing woman getting
- 00:04:35married soon I'm still single right one
- 00:04:37of the top questions I get when I'm
- 00:04:39dating is what's your credit score
- 00:04:41really yes come on hey man listen people
- 00:04:44care about that that much what is your
- 00:04:46credit score way yes Louis women are
- 00:04:48asking you what's your credit score
- 00:04:49absolutely come on he Lou I'm going to
- 00:04:51be real you my brother I can say this in
- 00:04:53my community
- 00:04:56culture yes and I'm like but the credit
- 00:04:59score doesn't mean that I'm successful
- 00:05:00with money it simply means I'm good at
- 00:05:03paying back the people who I borrowed
- 00:05:05from right because I can have a 800
- 00:05:08credit score and not have $800 inside my
- 00:05:10savings account wow when I answer that
- 00:05:13question I remember the first time a
- 00:05:14young lady asked me that question Louis
- 00:05:16and I told her the truth I think got 530
- 00:05:18cuz I had just finished paying off all
- 00:05:20of my debt so you know when you pay off
- 00:05:23all your debt they penalize you for that
- 00:05:25yes your credit score drops they don't
- 00:05:27reward you because you're debt-free they
- 00:05:29penalize so I'm like well I got a 530
- 00:05:31she was turned completely off you could
- 00:05:34be like well I got 100 Grand in the bank
- 00:05:35still but never asked a question
- 00:05:37interesting right so the whole night I
- 00:05:39saw how the move shifted because of my
- 00:05:42credit score she's starting looking for
- 00:05:44an out texting her friends hey come man
- 00:05:46listen listen and what the truth of the
- 00:05:49fact is this was years ago I mean it was
- 00:05:50in my 20s then I remember her telling
- 00:05:53her friend that that she was like yeah
- 00:05:55he got girl he got a 5 some credit
- 00:05:56school he can't he bad with his money
- 00:05:58and I never responded because I wasn't
- 00:06:01financially mature then to respond in
- 00:06:02the correct way uh but as I involved I
- 00:06:05was said man wow like a credit score
- 00:06:08does not mean that I'm good with my
- 00:06:09money I think a lot of people are stuck
- 00:06:12because they're trying to to have this
- 00:06:14perfect three-digit score but you can't
- 00:06:16pass down the three-digit
- 00:06:17score you can't give your son or your
- 00:06:20daughter and build a legacy with that
- 00:06:22score so I'm focus on okay how do I take
- 00:06:25the seat at the head of my table how do
- 00:06:27I position my family who's at the side
- 00:06:29of my table who's at the opposite side
- 00:06:31of my table my wife what is the best
- 00:06:33thing I need to do with my finances to
- 00:06:35make sure that when I am transitioning
- 00:06:38to Heaven that I can leave them with
- 00:06:40something and I can't do that with the
- 00:06:42score really can't do that with the
- 00:06:43score so for me it's all about what am I
- 00:06:45investing how much debt do I have how do
- 00:06:48I eliminate that what's my insurance
- 00:06:50policies um and also too what wealth am
- 00:06:52I leaving behind and when I say wealth
- 00:06:54it's not just about the finances it's
- 00:06:57about what wisdom and knowledge am I
- 00:06:59leaving behind and this is something
- 00:07:01that we do not talk um on social media
- 00:07:04influencers don't talk about this Louis
- 00:07:06to this day I started this about four
- 00:07:08years ago man every mistake that I make
- 00:07:11and that I have made I write it down and
- 00:07:14it's in a journal so when my kids get up
- 00:07:17age when they're like I want to say uh
- 00:07:20if I'm blessed to have some right around
- 00:07:22freshman sophomore year I'm giving them
- 00:07:24my journal your mistake journal my
- 00:07:26mistake journal hey this is these are
- 00:07:28the mistakes that I made made while
- 00:07:29dating this is the mistakes I've made
- 00:07:31within my Christianity walk these are
- 00:07:33the mistakes I've made with my money
- 00:07:34these are the mistakes that I've made in
- 00:07:35life in general so they're going to see
- 00:07:38a letter of what here it is a letter to
- 00:07:40them a mistake that I made the
- 00:07:43consequence of that mistake what I
- 00:07:46learned from that mistake and then
- 00:07:47number four is what did I do to make
- 00:07:49sure I didn't do this again I was going
- 00:07:50to ask you a question about the credit
- 00:07:51score thing I thought this was
- 00:07:53interesting I mean maybe I I don't know
- 00:07:56no one's ever asked me like what's your
- 00:07:57credit score but that's that's
- 00:07:58interesting fiance has never asked you
- 00:08:00that question no cuz I have
- 00:08:02money it's like but i' I've made money
- 00:08:06and I save my money yeah yeah but I
- 00:08:07remember talking in like the first maybe
- 00:08:09it's weird but either the first night I
- 00:08:12met her or within the first couple days
- 00:08:14of like hanging out I was just talking
- 00:08:16about money more openly not like oh I
- 00:08:19have all this money and all me spending
- 00:08:20on all these things but I was just
- 00:08:22speaking about in the way where it
- 00:08:23wasn't taboo I was speaking about in the
- 00:08:25way where it was more open I was just
- 00:08:28like oh you do products you're actor
- 00:08:29like oh that must be awesome oh what are
- 00:08:31most actors making these days not like
- 00:08:33what are you making directly but like
- 00:08:35how is the industry what is it going on
- 00:08:37or here's what I'm doing in podcasting
- 00:08:39and here's what I was when I started out
- 00:08:40broke on my sister's couch so good
- 00:08:42here's what I've kind of created over
- 00:08:43the last 15 years you know so it was
- 00:08:46more of an open conversation about it
- 00:08:48yeah of where I was to where I am now
- 00:08:50not like oh open my bank account here's
- 00:08:52my money right right right but I think
- 00:08:54because I came from that space I don't
- 00:08:56know maybe she's Mexican and they don't
- 00:08:58that culture they don't ask about credit
- 00:08:59score I don't know but I'm interested
- 00:09:02when when a woman asks someone about
- 00:09:04their credit score and say it's an 800
- 00:09:08credit score that the guy has and the
- 00:09:11woman thinks to himself oh that's good
- 00:09:13he's got a high credit score what is she
- 00:09:16learn about the man with that high
- 00:09:18credit score or low credit score and
- 00:09:21what does she not know about that man
- 00:09:24based on a higher low credit score well
- 00:09:26with me being a man I can't specifically
- 00:09:27say what every woman will will learn and
- 00:09:30know because I think that's a great
- 00:09:31question for women so ladies please
- 00:09:32answer that question inside the comments
- 00:09:35but here's what I perceive Louis is that
- 00:09:38within uh you made a good call out that
- 00:09:41your uh fiance sunab be wife is Mexican
- 00:09:46well within my particular Community
- 00:09:48let's go back a little bit we are taught
- 00:09:50within our culture that when you
- 00:09:51graduate high school go to school right
- 00:09:54keep your credit score good work 40
- 00:09:57years while you're working 40 years get
- 00:09:59a good job m i not get a good job get a
- 00:10:01good home and so that way that's the
- 00:10:04life you got a good credit score you got
- 00:10:05a real good job with benefits you have a
- 00:10:08you're a homeowner that's an American
- 00:10:10Dream Within the black community I was
- 00:10:11talking to at a younger age so I think
- 00:10:13what ladies are looking for okay wait if
- 00:10:15he has a good credit score this means
- 00:10:16that he's he's doing good with his
- 00:10:19finances within our particular Community
- 00:10:21I want say within our particular
- 00:10:22Community I think within the world in
- 00:10:23general not we're not really taught
- 00:10:26money lessons we're not really taught T
- 00:10:29hey do you budget we're not really
- 00:10:31taught do you invest we're not really
- 00:10:32taught are you an entrepreneur we're
- 00:10:34taught hey long as you have a good 800
- 00:10:36credit score you can always get
- 00:10:38financed and so I think when ladies hear
- 00:10:40a man has a good credit score it's like
- 00:10:43okay so we can get we can get a home we
- 00:10:45can get a car know we can get this but
- 00:10:47for me I'm like yeah but you're not
- 00:10:49really understanding what you're simply
- 00:10:51saying is we can get a lot of debt
- 00:10:53that's not good and that's not good if
- 00:10:55you're buying on consumer stuff if
- 00:10:57you're not using it to invest in smart
- 00:10:58assets or something yeah you know what
- 00:11:00I'm saying so I mean if we're talking
- 00:11:01about hey yes we need a 800 credit score
- 00:11:03so we can get into the real estate game
- 00:11:04I'm all for that but if we're talking
- 00:11:06about we need a 800 credit score so we
- 00:11:07can buy the latest Maserati the latest
- 00:11:10you know Bentley okay wait a minute we
- 00:11:11have a problem Oh I need to have this so
- 00:11:14I can go get me a credit card so I can
- 00:11:15get all these reward miles but the truth
- 00:11:17of the fact is when I look at all of my
- 00:11:19millionaire friends they're not bragging
- 00:11:21about their reward miles they're
- 00:11:23bragging about the Investments that
- 00:11:24they're buying and that's making the
- 00:11:26money and that's paying for their
- 00:11:28liabilities that's paying for their toys
- 00:11:30but when I hear them having this
- 00:11:31conversation and this is what I really
- 00:11:33get excited about it's like wait man I
- 00:11:36just bought a duplex I just bought you
- 00:11:38know a um a situation with 24 doors I'm
- 00:11:40like 24 doors wait what like yeah I
- 00:11:42financed and did this and did that I'm
- 00:11:44like okay cool great and that's one of
- 00:11:45my philosophies that has changed over
- 00:11:47the years is that wait a minute if I can
- 00:11:50use other people's money to get into the
- 00:11:52real estate game the correct way and I'm
- 00:11:54getting 24 doors and I'm getting inside
- 00:11:56of you know the real estate game I'm get
- 00:11:58I'm buying an asset that would then fund
- 00:12:01my toys my works and my desires and so
- 00:12:04when I hear Ladi say that I'll be honest
- 00:12:07with you man it is somewhat of a turnoff
- 00:12:09for me but I also understand the lack of
- 00:12:11Education behind that question yeah yeah
- 00:12:13and so what I tend to do now is say you
- 00:12:15know what my credit score is good
- 00:12:17because I have real estate and that's
- 00:12:19the only thing that's on there and it's
- 00:12:20being paid for so I am in an 800 bracket
- 00:12:23I said but darl girl let me tell you
- 00:12:25something though I mean I make money and
- 00:12:28I invest a lot yeah and my real estate
- 00:12:31my my credit score comes from Real
- 00:12:32Estate which is assets and I really
- 00:12:34start having that conversation I love
- 00:12:36how you know I know we're talking about
- 00:12:38my book but your book know make money
- 00:12:40easy I think we really do have to make
- 00:12:42money such an easy conversation yes and
- 00:12:45just have it really really if we if it's
- 00:12:47an easy conversation then I think we can
- 00:12:48make it easy I haven't read your book
- 00:12:50completely yet uh but by the time you
- 00:12:52come to my show I will have it read but
- 00:12:53it's like I love the title of your book
- 00:12:55because I think we make it so difficult
- 00:12:57that's that's why I made the title yeah
- 00:13:00we make it so hard because it is hard if
- 00:13:02we're not educated fact and it feels
- 00:13:03scary and overwhelming if we don't have
- 00:13:05the information the education like
- 00:13:06you're talking about yeah and I think
- 00:13:09debt feels daunting for a lot of people
- 00:13:12does and if you were broke today and if
- 00:13:14you were in debt let's say let's say you
- 00:13:16made a bunch of challenging financial
- 00:13:18decisions yeah you made all you know
- 00:13:20your mistake journal was filled up to
- 00:13:22the brim y uh and you're broke and in a
- 00:13:25lot of debt yep what is the exact
- 00:13:27process you would take then from going
- 00:13:29from broken in debt to creating a
- 00:13:32financially free
- 00:13:33life oh I get excited about this all
- 00:13:36right very first things I'm stepping
- 00:13:37back and before I even look at my debt
- 00:13:39I'm talking okay where do I want to be
- 00:13:41within the next 12 months after 12
- 00:13:43months next three years five years so
- 00:13:45you think a game plan first I'm I'm
- 00:13:46getting a vision for the next five years
- 00:13:48of my life right so if I say Hey listen
- 00:13:51I want to be in California living in my
- 00:13:53dream home debt free like whatever that
- 00:13:56vision is I'm casting that vision below
- 00:13:59that Vision I'm writing down the why you
- 00:14:01know one of my good friends uh Pastor
- 00:14:03Darius Daniels mentioned something he
- 00:14:05said man if your why doesn't make you
- 00:14:06cry then the price of commitment for the
- 00:14:09next five years is going to make you cry
- 00:14:11go and it's going to make you quit and
- 00:14:13so for me once I write down the vision
- 00:14:15I'm going to write down a why why do I
- 00:14:17want to accomplish this Vision so if I'm
- 00:14:19drowning in debt and I know I want to be
- 00:14:21out of debt I want to be in my home why
- 00:14:23do I want the home I don't want the home
- 00:14:25just because it's nice sitting on the
- 00:14:26beach I want the home probably because
- 00:14:28you know what man growing up me and my
- 00:14:30kid me and my siblings had to share a
- 00:14:31room right you know what we never were a
- 00:14:34homeowner maybe I'm the first homeowner
- 00:14:36in my family so I'm I'm getting a deep
- 00:14:39enough why that when it gets hard when I
- 00:14:41feel like giving up it's going to make
- 00:14:43me cry and make me push through so that
- 00:14:45I'm doing that so that's number two then
- 00:14:47number three I'm looking at I'm pulling
- 00:14:49credit card I'm pulling the last three
- 00:14:51months of my bank statements and I'm
- 00:14:53getting on a very detailed budget I'm
- 00:14:55writing down everything and I call this
- 00:14:57a zero base budget but for me I know a
- 00:14:59lot of people get turned off by the word
- 00:15:00of budgeting so I call it what's the
- 00:15:02vision now I have for my life what's the
- 00:15:04vision for my money so if I'm saying
- 00:15:07okay cool I want to be debt free but I
- 00:15:09got to go look at my credit report I got
- 00:15:11to pull Equifax trans unit experience I
- 00:15:14got to pull the last three months of my
- 00:15:15bank statements and this is something I
- 00:15:17do in a regular Louis I'll get five
- 00:15:19highlighters different colors and I'll
- 00:15:21go through and highlight okay food is
- 00:15:23one color and I want to see how much
- 00:15:25money over the last 3 to six months have
- 00:15:27I spent on food wow and I'm seeing okay
- 00:15:29dang I I was talking about Barber he
- 00:15:31spent two grand on food in one month wow
- 00:15:34just eating out like two
- 00:15:37grand I'm like bro it's just
- 00:15:39you what are you eating for $2,000 hours
- 00:15:42wow in TW I'm like I know it's expensive
- 00:15:44by here in the streets but it's not that
- 00:15:46expensive so I'm like two grand in one
- 00:15:48month okay we need to cut that off by
- 00:15:50like three4 you need to be down to $500
- 00:15:52including groceries and eating out boom
- 00:15:54when it's just you so it's like I'm
- 00:15:56highlighting everything and I'm
- 00:15:57assessing make making sure that I know
- 00:16:01exactly where my money is going because
- 00:16:03here's the
- 00:16:04truth you cannot manage your money if
- 00:16:07you're not measuring it you can't really
- 00:16:11understand what you're doing and where
- 00:16:12you're going if you're not tracking what
- 00:16:15it's doing and for the majority of the
- 00:16:17people who are watching this show I say
- 00:16:20I won't say the majority if you with the
- 00:16:21school of greatness we're going to say a
- 00:16:23majority of y'all should be winning for
- 00:16:25those of us who are watching this show a
- 00:16:26lot of us are probably saying dang I
- 00:16:28just got paid last week but I don't know
- 00:16:30where the money went and it's because
- 00:16:32you're you're not you're not managing it
- 00:16:34well because you're not measuring where
- 00:16:35your money is going so that's number
- 00:16:37three I'm going to I'm G to list out
- 00:16:39everything and watch this before I put
- 00:16:40it on the budget I'm going to write it
- 00:16:42out yo I owe this bank this I owe that
- 00:16:44bank this I'm going to list out every
- 00:16:46every all the debt out of all the debt
- 00:16:48I'm going to list out all of my monthly
- 00:16:50expenses then I'm going take that
- 00:16:52information and I'mma put it on this
- 00:16:53budget and here's the truth if we're
- 00:16:55going to be honest it is going to
- 00:16:57frustrate you yeah it is going to make
- 00:16:59you feel depressed a little bit you're
- 00:17:02going to feel discouraged a little bit
- 00:17:04because what's going to happen is you're
- 00:17:05going to see you have more debt than you
- 00:17:07have
- 00:17:08income that's going to be my number four
- 00:17:11Once I see that I have all this debt I'm
- 00:17:13going to measure okay what is the income
- 00:17:15strategy that I need to come up with
- 00:17:18that going to create margin and help me
- 00:17:19pay off my debt and I tell everyone
- 00:17:21that's going to be a job and incept for
- 00:17:23getting the second
- 00:17:25job listen man the content creation
- 00:17:27space I just think right now is a
- 00:17:29healthy place to get into because I
- 00:17:31think a lot of us have a lot up here
- 00:17:34that people would pay to have and so
- 00:17:36like for an example I had a school
- 00:17:37teacher come to me and uh she was like
- 00:17:39man Anthony I'm in
- 00:17:41$238,000 in debt oh 140 of them are um
- 00:17:46is is her student loans because she has
- 00:17:48her doctor y uh then two of them are
- 00:17:51cars her and her husband then the others
- 00:17:53just credit cards are stely here I said
- 00:17:55okay all right let's write it down and
- 00:17:58so um as I was talking with her I said
- 00:18:00listen she said I'm going get another
- 00:18:02job working at Walmart parttime I said I
- 00:18:04think that's a that's not a good good
- 00:18:06use of your time I say why not you're a
- 00:18:09school teacher why not go home you're
- 00:18:12making good money over here why not go
- 00:18:14home and create maybe a course or a a an
- 00:18:17academy that helps get kids ready for
- 00:18:20the
- 00:18:21SAT she was like what do you mean I said
- 00:18:23why not use the skills that you're
- 00:18:25giving to the the job to the school
- 00:18:28system and build a side business that
- 00:18:31now parents can buy to help them get
- 00:18:34ready for the SAT she was like Anthony
- 00:18:35but thought about that so she went home
- 00:18:37and she started dreaming with her
- 00:18:38husband well she came back to me not
- 00:18:41only did she come up with the business
- 00:18:43that is going to help kids with the SAT
- 00:18:45but she also came up with the business
- 00:18:46that helps School uh school students in
- 00:18:49school to be a teacher to help them
- 00:18:51graduate in college a year later her
- 00:18:56side business is paying her more than
- 00:18:58what the School teaching is doing
- 00:19:00because she took her wisdom and her
- 00:19:02knowledge and turned it into a side
- 00:19:04business so not only is she creating
- 00:19:06more income now she's able to use the
- 00:19:08tax benefits that the wealthy are using
- 00:19:10and I said okay are you going to quit
- 00:19:12your job she was like no because my side
- 00:19:14business is funding this thing I
- 00:19:16honestly love teaching students so what
- 00:19:19happened husband quit his job he runs
- 00:19:22the business wow he does all of the
- 00:19:25marketing he does all of the stuff and
- 00:19:27this is what I love
- 00:19:29it puts them back at the head of their
- 00:19:32table yes because now was like wait
- 00:19:34we're now controlling our life now she
- 00:19:38went from having to be a school teacher
- 00:19:41to wanting to be a school teacher she
- 00:19:43went from having to work to you know
- 00:19:46what I love what I do yes and that's the
- 00:19:50freedom that you have when you're at the
- 00:19:52seat at the head of your table is that
- 00:19:54you get to decide what you want to do in
- 00:19:56a direction of wherever you want to go
- 00:19:58what you say is the number one piece of
- 00:20:00financial advice you're seeing online
- 00:20:02that people should
- 00:20:04ignore you know there is a there's a
- 00:20:07lot you know it's not just one I'm like
- 00:20:10man there's so many lures that I could
- 00:20:11say uh but it's I think the number one
- 00:20:14Financial advice that I would say and
- 00:20:17and I talk about this in inside of the
- 00:20:18boat that I would ignore um is that
- 00:20:21everyone has to be an
- 00:20:23entrepreneur ignore that ignore that
- 00:20:25yeah because that's not the case
- 00:20:29I think everyone should have an
- 00:20:30entrepreneurial mindset but not everyone
- 00:20:33should be
- 00:20:35entrepreneurial because if if you want
- 00:20:37to be a when they say be an
- 00:20:38entrepreneurship what they're talking
- 00:20:40about is they're selling you hey man I
- 00:20:42could work on the beach hey man I'm I'm
- 00:20:44fing the private jets hey man you know
- 00:20:47I'm able to go buy this G wagon and ride
- 00:20:48off 100% of it because it's over 6,000
- 00:20:51pounds they're lying to you I I've been
- 00:20:54doing this for four years and me and you
- 00:20:55had several conversations offline this
- 00:20:58entrepreneur world is not for everybody
- 00:21:01and it's frustrating and and I have not
- 00:21:03to this day worked on the
- 00:21:05beach cuz you work you worked at a
- 00:21:07career before and now you're you're an
- 00:21:09entrepreneur now yes and if I'm being
- 00:21:11honest in the corporate America space in
- 00:21:13the corporate
- 00:21:15space man I'm working harder today than
- 00:21:18I was then of course right so I am I'm
- 00:21:22not flying on private jets and just not
- 00:21:25working for a month or two that that's
- 00:21:28not happening
- 00:21:29and so I think some of the worst advice
- 00:21:30is looking at these influencers and and
- 00:21:33they're selling you on hey I can coach
- 00:21:36you to be a uh uh Your Own Boss and
- 00:21:38you'll be working at the beach and not
- 00:21:40say it can't happen cuz have I gone on
- 00:21:42vacation and work absolutely but when I
- 00:21:44am saying is out of 365 days a year
- 00:21:48these people say you only got to work 20
- 00:21:49of them that that's a lie and so I think
- 00:21:52for me it's it's really we got to start
- 00:21:54teaching how to how to have the
- 00:21:56entrepreneurial mindset
- 00:21:58but not everyone is called to be an
- 00:22:00entrepreneur because I think I need a
- 00:22:02real good assistant if I'm going to be
- 00:22:04effective and I think people are made as
- 00:22:06a Christian I do believe people are made
- 00:22:08to be the number two the number three
- 00:22:11the number four to be the team player
- 00:22:13because an effective business cannot run
- 00:22:16without effective team members and you
- 00:22:18can be just as wealthy you can be just
- 00:22:20as successful if you are living the
- 00:22:23authentic life of yourself I think one
- 00:22:25of the greatest mistakes of that I see
- 00:22:28seeing people especially this younger
- 00:22:30generation they want to rush to be their
- 00:22:32own boss but they haven't really done
- 00:22:34anything to learn how to be an effective
- 00:22:35boss and I'm so grateful that God put me
- 00:22:38through the seasons of serving in the
- 00:22:40church World serving in the corporate
- 00:22:42America space because I would not be
- 00:22:44successful today if I didn't learn up
- 00:22:47under any different people and I think
- 00:22:49for me I think that is one of the
- 00:22:51dumbest mistakes uh that I've seen
- 00:22:54people make and I think another
- 00:22:56mistake I saw um line and it was so
- 00:22:59frustrating to me uh is take your
- 00:23:02student loans and go buy real estate
- 00:23:04with it I was like go borrow
- 00:23:08money take out a parent plus law oh man
- 00:23:12have them sign on it have them sign on
- 00:23:14it to go buy real
- 00:23:17estate and the real estate was just a
- 00:23:20down payment on all it's it's not the
- 00:23:23whole
- 00:23:24house exactly so I I gotta pay double
- 00:23:27interest now High interest on the
- 00:23:29student loan High interest on on this
- 00:23:32I'm like wait a wait a minute so there's
- 00:23:35so many different things man that that I
- 00:23:36would really adjust to but I think one
- 00:23:39of the things I learned from you man I
- 00:23:40got to give you credit for it um I think
- 00:23:43it was like a year and a half ago Lou
- 00:23:45because I'm always watching your shows
- 00:23:46and always growing from you your advice
- 00:23:48and the people you had on and man
- 00:23:50because of you I have an interchangeable
- 00:23:53seat at my table I have an
- 00:23:56interchangeable seat between my
- 00:23:57therapist and my emotional coach mhm and
- 00:24:00you talked about that like a year and a
- 00:24:01half I want to say and and what I
- 00:24:03learned was that my emotions I was
- 00:24:06making financial decisions based upon my
- 00:24:09emotions when my emotions shouldn't be
- 00:24:12making decisions I should be managing my
- 00:24:14emotions yes but my emotions should not
- 00:24:17be managing me and I've made bad
- 00:24:20financial decisions because of how I
- 00:24:22felt off of my emotions and if I'm being
- 00:24:24honest and vulnerable I've lost out on
- 00:24:26great relationships
- 00:24:29friends because I didn't bage my
- 00:24:32emotions and and I'm like so when I
- 00:24:35heard you say that like bro I got
- 00:24:37convicted I was like look at Lou over
- 00:24:38here
- 00:24:39preaching I was like Lou does he know he
- 00:24:42a prophet so I literally Ste back and
- 00:24:44started looking for emotional coaches
- 00:24:46because I realized like man if I'm being
- 00:24:49honest like Lou to to this day I still
- 00:24:51meet with uh I still meet with him and
- 00:24:53to this day it is still a struggle for
- 00:24:55me to control and manage my emotions
- 00:24:59because when you have that feeling you
- 00:25:01got to be like no this this this my
- 00:25:03emotions I cannot make a decision in
- 00:25:06this state yeah and I've made decisions
- 00:25:08in that state that has cost me a lot of
- 00:25:10money that has I've probably lost out on
- 00:25:15an amazing woman because of that I
- 00:25:17probably lost business relationships um
- 00:25:20and even friendships because of that but
- 00:25:23I think um I I hear this often within
- 00:25:27the world and man if you feel feeling
- 00:25:28bad man just go to the mall and just do
- 00:25:30some window no shopping that's your
- 00:25:31emotions talk you know what man uh uh we
- 00:25:34tend to go buy things when we're feeling
- 00:25:37a certain kind of way that's your
- 00:25:38emotions talking and so I I would
- 00:25:40encourage people man to get that
- 00:25:43interchangeable seat between a therapist
- 00:25:45and emotional coach and they work
- 00:25:46together my therapist helps me
- 00:25:48understand the Practical reason of why I
- 00:25:50made the decision my emotional coach is
- 00:25:52helping me understand why I'm feeling
- 00:25:54the way that I'm feeling and how to
- 00:25:55control that yeah it's interesting I
- 00:25:56mean I can definitely relate to that and
- 00:26:00and for me I've learned that regulating
- 00:26:02the emotions like allowing yourself to
- 00:26:04feel it but not act on them necessarily
- 00:26:07until you regulate and understand them
- 00:26:09gives you more sense of Freedom gives
- 00:26:11you more sense of power and peace in the
- 00:26:13decision and doesn't mean you're always
- 00:26:14going to feel good yeah uh and you're
- 00:26:16going to have to go through
- 00:26:17uncomfortable situations but when you
- 00:26:19can learn to regulate them you can have
- 00:26:21more peace in the decisions you make
- 00:26:23after you feel the emotions and one of
- 00:26:25the challenges you know some people
- 00:26:26spend their money on things when they
- 00:26:28feel overwhelmed or excited or stressed
- 00:26:32yeah I was more of an emotional eater
- 00:26:34where it was like I would just go eat
- 00:26:35food I didn't eat things I wasn't like
- 00:26:37let me go buy the shiny thing to feel
- 00:26:39good or wi your shop or go on Amazon
- 00:26:41that was never my thing but it was like
- 00:26:42let me get the ice cream let me get the
- 00:26:44pizza to comfort me so whatever your
- 00:26:47Vice is of comfort yeah yeah you luckily
- 00:26:50I wasn't a spender on things to go in
- 00:26:52debt which takes years to get out of
- 00:26:55right is this my water yeah but I was a
- 00:26:59you know a spender of food that created
- 00:27:01physical debt right it created it
- 00:27:03created physical weight that I then had
- 00:27:05to carry with me constantly so whatever
- 00:27:07the weight is you're carrying or
- 00:27:09whatever the thing that you're spending
- 00:27:11to add more weight into your financial
- 00:27:13pocket or to your physical bucket
- 00:27:16whatever it might be or your your weight
- 00:27:18might be like Oh I'm going to go sleep
- 00:27:20with a bunch of women because I want to
- 00:27:21just feel good because I don't feel good
- 00:27:23right now you're you're picking up that
- 00:27:25relational baggage whatever it might be
- 00:27:27or spiritual baggage from you know being
- 00:27:31in all those relationships it's just
- 00:27:33learning how to regulate it better so we
- 00:27:35can have more abundance wellness and
- 00:27:38freedom like you talk about uh in your
- 00:27:40book take your seat at the table and I
- 00:27:42think that's the that's a big challenge
- 00:27:43for people when you talked about when
- 00:27:45you talk about you know if you're in
- 00:27:48debt 100 Grand 100 200 Grand from
- 00:27:50student loans and other two cars it
- 00:27:53might seem daunting you talked about
- 00:27:55this okay get clear on a 12mon threeyear
- 00:27:575year vision and understand what why you
- 00:28:00want that Vision in these 12 months 3
- 00:28:02years and 5 years some people might say
- 00:28:04oh man I have to cut all of my fun out
- 00:28:07of my life for the next five years I
- 00:28:09have to live so below my means and cut
- 00:28:13all all the food are going out all the
- 00:28:15fun all the activities and trips I have
- 00:28:16to cut it all out because of the
- 00:28:18financial baggage and debt that I'm in
- 00:28:21in order to in five seven years be debt
- 00:28:24free and that seems exhausting most
- 00:28:27people don't have the discipline
- 00:28:30emotionally mentally or financially to
- 00:28:31go so below their means when they've
- 00:28:34gone into debt for years and they've
- 00:28:36created an identity of debt yeah and
- 00:28:38spending yeah how does someone wrap
- 00:28:40their head around that complete death of
- 00:28:43an identity on who they've been to say
- 00:28:46oh in order to be debt free I'm going to
- 00:28:47take five years of my life to be you
- 00:28:50know so below my means cut out
- 00:28:52everything and then I can finally be
- 00:28:55free this is School of greatness I
- 00:28:59I would ask them how are you feeling
- 00:29:00right now yeah probably trapped probably
- 00:29:03stressed anxious avoidant they're
- 00:29:05probably even know how much death
- 00:29:06they're in because they don't want to
- 00:29:07keep looking at it because it doesn't
- 00:29:09feel good it's like it's like when you
- 00:29:11gain weight you don't want to look jump
- 00:29:12on the scale because you're like H I
- 00:29:14don't want to look at that but well I
- 00:29:17got to say this respectfully I don't
- 00:29:18have to jump on the scale to know that
- 00:29:20I'm in a bad situation I need to change
- 00:29:21my life the scale is just going to
- 00:29:23confirm what I already know yes and I
- 00:29:25think what what what I when I hear
- 00:29:27people say like man I got to do all this
- 00:29:29I said okay cool don't do that live this
- 00:29:31for the rest of your life then yeah yeah
- 00:29:33live the life scared to look at your
- 00:29:35checking account live the life for the
- 00:29:37rest of your life scared to go to to the
- 00:29:39to the mailbox I I was there bro I was
- 00:29:43there to where I would drive by the
- 00:29:45mailbox knowing that the mail is
- 00:29:47probably packed because I knew there was
- 00:29:49bills in there that I didn't want to see
- 00:29:51but I still knew the bills were there
- 00:29:54but the thing was going to the mailbox
- 00:29:56was just confirmation of what already
- 00:29:58knew and man I'm telling you I I I I
- 00:30:01felt the heaviness of I know my money is
- 00:30:05not good I felt the heaviness of I know
- 00:30:08I'm not free I can't live this free life
- 00:30:11because I know it and I was just scared
- 00:30:14to to face reality of I have to change
- 00:30:17and so here's here's what I teach you
- 00:30:21know within within my world you know at
- 00:30:23at the table with Anthony O'Neal and
- 00:30:25even with this book is that man if you
- 00:30:27can give me 18 or 24 months I we can
- 00:30:30change your life I can't change it I'm
- 00:30:32not the hero you are the hero I'm going
- 00:30:34to guide you through the process but if
- 00:30:37you do not change anything you're going
- 00:30:39to sacrifice the rest of your life
- 00:30:42living in misery Li living with with no
- 00:30:44Freedom with no ownership because you're
- 00:30:47fearful to be uncomfortable for 12 to 24
- 00:30:50months and so if I'm uncomfortable a
- 00:30:52little bit for 12 to 24 months to get
- 00:30:55the rest of my life to live a life of
- 00:30:57abundance weal and freedom I'm taking 12
- 00:31:00to 24 months because I what I'm doing is
- 00:31:04I've got adjusted that's so good right
- 00:31:06there I've got adjusted to being
- 00:31:08uncomfortable like I I feel I've made
- 00:31:12this messy life of M comfortable and I'm
- 00:31:16like man like I deserve a home but
- 00:31:20because my life style right now I'm only
- 00:31:23warant a a an apartment but I can get a
- 00:31:27house but but but I cannot ah no no no
- 00:31:31you know what Anthony I'm going to
- 00:31:32change
- 00:31:342025 I'm going to get on the plan I'm
- 00:31:36being realistic with it you know what
- 00:31:38it's going to probably take me to the
- 00:31:39end of 2026 to get out of debt but
- 00:31:41here's the thing 2026 comes two years
- 00:31:44flies by quick Bo it flies by crazy
- 00:31:49quick it seems like forever but when
- 00:31:52you're there it's like man what happened
- 00:31:53the last two years just the first month
- 00:31:54of this year just flew by man i' I've
- 00:31:56been I I've been out of my own for four
- 00:31:59years you cannot ask me like it doesn't
- 00:32:02feel like four years now because we wake
- 00:32:05up every single day and we starting over
- 00:32:08it's okay but wait but before you know
- 00:32:09it two years have gone by and I ask
- 00:32:13people to imagine themselves yes I'm
- 00:32:15going to be honest with you I'm not
- 00:32:16going to sit here and sell you a bunch
- 00:32:18of you know oh h no no listen you're
- 00:32:20right you're in $150,000 in debt I know
- 00:32:23you feel that stress how do we what is a
- 00:32:26system and what is a process to get out
- 00:32:29of that I have this method that I teach
- 00:32:32it's called earn and I teach people how
- 00:32:34to earn their freedom how to earn a
- 00:32:37different level of finances and the E
- 00:32:39stands for listen you got to evaluate
- 00:32:41where you currently are in life and with
- 00:32:43your finances which we talked about
- 00:32:45earlier like hey pull your credit report
- 00:32:47pull how much debt that you have and
- 00:32:49watch this debt is not just on paper but
- 00:32:51do you owe family and friends money
- 00:32:54right if you told them hey I'm going to
- 00:32:55pay you back get all of that on the
- 00:32:57sheet of paper and evaluate where you
- 00:32:59are the a stands for now you got to
- 00:33:02arrange the vision we talked about the
- 00:33:03vision okay now um now that we know how
- 00:33:07much we are what is the vision where we
- 00:33:09going right and the r stands for render
- 00:33:12the strategy this is where people fail
- 00:33:15at we do not get a proven strategy on
- 00:33:19how to make money easy we don't get a
- 00:33:20proven strategy on how to get out of
- 00:33:22debt we don't get a strategy on how do
- 00:33:24we change our life within the 12 to 24
- 00:33:26months what we'll do is okay I got I
- 00:33:28know I got some debt I know I want to be
- 00:33:30debt free let me go on Tik Tok that's
- 00:33:32not a strategy to go on Tik Tok that's
- 00:33:34not a strategy to go on YouTube and just
- 00:33:35follow your favorite YouTuber but you
- 00:33:37got to get with someone who has done it
- 00:33:39who who has the fruit of their labor who
- 00:33:42has put together a proven strategy that
- 00:33:44you can follow and you may have to
- 00:33:46adjust for yourself but here's the key
- 00:33:49where I think a lot of people fell at
- 00:33:51and that is the end they don't act so
- 00:33:53the end is now act so you can get the
- 00:33:56vision you know where you are with all
- 00:33:57your money you know that you you need to
- 00:33:59change you got a proven system and a
- 00:34:01proven strategy a proven book that will
- 00:34:04work mhm but now you don't want to do
- 00:34:07nothing because it's been easy to sit
- 00:34:09there and just swipe the credit card
- 00:34:11it's been easy to sit there and just go
- 00:34:12spend all this money and you've gotten
- 00:34:14so used to this this this I call it a
- 00:34:18horrible life because a horrible life
- 00:34:21has just become so normal to you to
- 00:34:24where you can't even
- 00:34:25imagine what it feels like to to be that
- 00:34:28free and I and and you got the money man
- 00:34:29we we both living this life man it feels
- 00:34:33so good to wake up Lis and you know
- 00:34:39what I think I'm g go there maybe he
- 00:34:42don't get dressed he don't go to Mexico
- 00:34:44right you know it just feels good to
- 00:34:46know that I can do that it feels good to
- 00:34:48know that I when I got the call when you
- 00:34:50Tex he let's do the show I was like all
- 00:34:51right bet I fly out there couple weeks
- 00:34:53boom I didn't have to worry about okay
- 00:34:56wait I'm going to do this money but it's
- 00:34:58like it feels good to know that on the
- 00:35:00first of them I pay my mortgage payments
- 00:35:02and I pay my utility bills that's it and
- 00:35:06all the rest of the money comes in and
- 00:35:08it feels good that I can give to my
- 00:35:09local church I can give to to this area
- 00:35:11and it feels good that when I do meet my
- 00:35:13wife I can look at her and say you know
- 00:35:15what B you know I feel like going to
- 00:35:19gner today let's go to gner next week
- 00:35:22what are kids doing they out of school
- 00:35:24take them with us it feels good to do
- 00:35:27that but if I don't evaluate where I'm
- 00:35:29am I am in life and with my finances if
- 00:35:32I don't arrange the vision of where I
- 00:35:34see myself and my family going and if I
- 00:35:37don't render a strategy and I think
- 00:35:39that's key you got to find a strategy
- 00:35:42that works because if you don't find the
- 00:35:43strategy you're going to be stressed
- 00:35:45continue stressed about the situation
- 00:35:47that you're in and you got to act
- 00:35:49because if we don't act now it's just a
- 00:35:51dream yeah I love that earn principle
- 00:35:54yeah what's the biggest Financial
- 00:35:55mistake you made in the last year and
- 00:35:57the last year that's a good question
- 00:36:01he's asking the money
- 00:36:03guy within the last year money mistake
- 00:36:08oh yeah that is a good one how do I say
- 00:36:13this the right way
- 00:36:16leis I wanted a um I've been saving up
- 00:36:19to if you know anything about me man I'm
- 00:36:21very big on Landscaping in my home yeah
- 00:36:24I see you put up the pool and the whole
- 00:36:25thing yeah social media yeah so I'm very
- 00:36:28big on landscaping and so I saved for a
- 00:36:30couple of years to do the pool and to do
- 00:36:32a golf day I think the biggest mistake
- 00:36:35that I made is I had the opportunity to
- 00:36:38do a golf thing I interviewed a
- 00:36:41particular person who quoted me uh I
- 00:36:45would say about uh 15,000 to do the pool
- 00:36:49and be honest he was a white guy black
- 00:36:52guy comes in and quotes me
- 00:36:557500 says that he's never done it before
- 00:36:57but he says he can do
- 00:36:59it Le I chose him because I wanted to to
- 00:37:03support a minority own company and he
- 00:37:06was half the price right but he's never
- 00:37:08done it
- 00:37:09before this guy has done it and does it
- 00:37:12well yeah and he he knows his worth he
- 00:37:15knows his worth for his experience and
- 00:37:18his product yeah he told me it would
- 00:37:20take me two weeks he told me I'll have
- 00:37:22it done in 3 days oh my go the guy for
- 00:37:257500 said 3 days
- 00:37:28Louis so I'm like in my head oh it's a
- 00:37:31black guy I'm I'm a support a black own
- 00:37:33company until the day I die I'm always
- 00:37:35going to figure out how can I support
- 00:37:36and support my community right where I
- 00:37:38can yeah you're thinking also I'm going
- 00:37:40to be swimming in six days exactly I'm
- 00:37:41not be waiting a month exactly so I'm
- 00:37:44like okay cool I do it man I could send
- 00:37:48you
- 00:37:49pictures and I was so hurt because the
- 00:37:52mondy mistake it wasn't selecting an
- 00:37:55africanamerican company it was selecting
- 00:37:58a company that doesn't know what to do
- 00:38:01and because I went with that route I had
- 00:38:04to call the guy back the guy I called
- 00:38:06the other guy back he wouldn't touch it
- 00:38:08really no because it's said May has
- 00:38:10someone else going cost you even more
- 00:38:12money so I had to find another company
- 00:38:15that could come in and do it right and
- 00:38:17thankfully because they were fans and
- 00:38:19they knew of me they came in and so to
- 00:38:21do my whole situation cost me about
- 00:38:25$22,000 when it could have been only
- 00:38:27about
- 00:38:28and it took more time more energy more
- 00:38:30stress man listen and it and it was just
- 00:38:32it it was a I felt real bad at myself
- 00:38:35because facts on table was you've never
- 00:38:38done it before you told me that he was a
- 00:38:41contractor he did landscaping but he's
- 00:38:43never done that particular thing before
- 00:38:46and I was like okay I'm GNA give you a
- 00:38:48shot and the biggest money lesson that
- 00:38:50I've learned is yes support minority
- 00:38:53owned companies but make sure that they
- 00:38:54are qualified to do the job sure sure
- 00:38:57and that was a huge money mistake
- 00:38:58because I ended up wasting another $7
- 00:39:01$8,000 oh man and that just wasn't good
- 00:39:03stewardship on my it curious about
- 00:39:05two-part question okay what is your
- 00:39:07definition of
- 00:39:09abundance and what is blocking you and
- 00:39:12most people from abundance oh man so
- 00:39:15good man my definition of abundance and
- 00:39:17I break it down a little bit shorter but
- 00:39:19I give a real real real good definition
- 00:39:21this side of the book um abundance for
- 00:39:23me is just me I have so much that it's a
- 00:39:25overflow that it's not just for
- 00:39:28me abundance is that that that man I
- 00:39:31there's a
- 00:39:32overflow of Life Of Love of resources of
- 00:39:37money that is it is I can't if this was
- 00:39:41the water that it has to be some other
- 00:39:43things down here to catch it so when I
- 00:39:45feel is that from my spiritual
- 00:39:47perspective when God is pouring into me
- 00:39:49it's overflowing into my kids it's
- 00:39:51overflowing into my community it's
- 00:39:53overflowing into my wife it's over
- 00:39:55overflowing into my family into my
- 00:39:56friends and to me that's abundance when
- 00:39:59I have so much that I can't keep it all
- 00:40:01that I got to give it to everybody um
- 00:40:04and so I think What's blocking people
- 00:40:06from that is that we're not positioning
- 00:40:09ourselves to receive abundance how do we
- 00:40:12position ourselves to receive abundance
- 00:40:14that's easy that's an easy question that
- 00:40:16I think that's easy not easy question
- 00:40:18but that's an easy conversation I think
- 00:40:19a lot of people will will want a deep
- 00:40:21answer for it just wake up and say I'm
- 00:40:25ready just wake up and say you know what
- 00:40:27I'm changing my life today and I'm going
- 00:40:29to position myself to where I can do it
- 00:40:32but if you're drowning in debt if if you
- 00:40:34don't have an emotional coach a
- 00:40:36therapist that can get your mind fixed
- 00:40:40you're never going to receive abundant I
- 00:40:42I was um sitting down with u a couple
- 00:40:45and this particular couple Lis made me
- 00:40:47cry emotionally on the ins side cuz the
- 00:40:50guy said yeah man no he said well when I
- 00:40:52get my paycheck I got to go buy suit I
- 00:40:54got to go buy something he's in the six
- 00:40:56se and he was like man you grown up he
- 00:40:58like man it was just so tight that you
- 00:40:59know I couldn't enjoy my money so now
- 00:41:02when I get my money long as I got a roof
- 00:41:04over my head clothes on my back shoes on
- 00:41:07my my feet food at my table I'm going to
- 00:41:10enjoy have my money I don't need this I
- 00:41:13don't need we don't need all that I'm
- 00:41:15like yeah you don't have an abundance
- 00:41:18mindset you just have a very shallow
- 00:41:20mindset that me every check you got to
- 00:41:23spend it on material things and I
- 00:41:25understand that because of the season
- 00:41:27that he grew up in was that man we
- 00:41:30couldn't we couldn't really enjoy our
- 00:41:31money like he had to give his money to
- 00:41:34his parents growing up to help them live
- 00:41:36to help the family survive now that he
- 00:41:38has his money he's like yo I have to buy
- 00:41:40something for me I'm like yeah I can
- 00:41:43teach you how to how to invest let your
- 00:41:46Investments buy real nice things for you
- 00:41:49but for his mindset was I don't need all
- 00:41:52of that and I don't I don't need to he
- 00:41:54literally said this my kids ain't
- 00:41:56getting none of my money cuz I work for
- 00:41:58it wow and I'm like yeah that's the
- 00:41:59abundance mindset my kids will reap the
- 00:42:03fruit of my hard
- 00:42:06work my my community will reap the fruit
- 00:42:10of my my family my nephews my niece will
- 00:42:12reap the
- 00:42:14fruit of me sitting at the head of my
- 00:42:17table and I got in the abundance
- 00:42:21position not just abundance but keep in
- 00:42:24mind authentic is super important
- 00:42:28because when you are authentic to who
- 00:42:30you are it opens up way more doors and I
- 00:42:34think a lot of people are fearful to be
- 00:42:36authentically them and for a while I was
- 00:42:40fearful to be the authentic Anthony o
- 00:42:42because I
- 00:42:43allow and shut me up L this this your
- 00:42:46show but I allow social media to tell me
- 00:42:50how to think and how to talk I allowed
- 00:42:53uh friends and peers to tell me what I
- 00:42:55should wear what I should do I allowed
- 00:42:59um previous um bosses and companies to
- 00:43:01tell me what I should read and how I
- 00:43:03should talk and how I should Bree it it
- 00:43:06wasn't until I said okay I'm going to be
- 00:43:08the authentic version of me and if you
- 00:43:11can't handle me then you're just not
- 00:43:12welcome at my table doesn't mean you're
- 00:43:15a bad person doesn't mean you're a bad
- 00:43:16company doesn't mean you're a bad
- 00:43:17organization doesn't mean you're a bad
- 00:43:19girlfriend or a bad boyfriend it just
- 00:43:20simply means that no in order for me to
- 00:43:22fulfill and really feel that level of
- 00:43:25freedom I got to be the authentic
- 00:43:27Anthony O'Neal and so for me the
- 00:43:30authentic Anthony O'Neal talks like this
- 00:43:32thinks like this um acts like this man
- 00:43:35like you you listen to me in my show and
- 00:43:37and y'all probably heard me my grammar
- 00:43:39is not the perfect thing but man I used
- 00:43:41to be like okay wa let me talk like
- 00:43:43this but I've
- 00:43:46learned no not everyone's going to like
- 00:43:49me so everyone's not gonna like me why
- 00:43:52am I trying to please everyone there's
- 00:43:54so much freedom and there's so many you
- 00:43:57can do so much more with your resources
- 00:43:59get the job that you really desire get
- 00:44:00the career that you really want to get
- 00:44:02and even build the business that you
- 00:44:03really want to build when you are your
- 00:44:05authentic self and the truth of the fact
- 00:44:06is Louis I've made more money being the
- 00:44:10authentic me than I when I wasn't the
- 00:44:14authentic me I made good money but I
- 00:44:16didn't make this much money powerful
- 00:44:19speaking of authentic money and we might
- 00:44:21have time for one or two more questions
- 00:44:22then we got to get you to the airport
- 00:44:24yeah um I'm curious your
- 00:44:27thoughts or beliefs around the spiritual
- 00:44:31path to being able to Steward money and
- 00:44:35your beliefs around or what you've been
- 00:44:36taught around what you think God or the
- 00:44:38universe wants us to become in order to
- 00:44:41be good stewards of money so we can
- 00:44:43receive an abundance and overflow of it
- 00:44:46amen you know I think that money answers
- 00:44:49all things right and so for me when I
- 00:44:52think of the spiritual connection of
- 00:44:54stewardship stewardship has been on my
- 00:44:56heart a lot lately and I'm really
- 00:44:58excited about this word stewardship
- 00:45:00because I'll tell you the truth now that
- 00:45:02I really want to get back into serving
- 00:45:04in a local church and becoming a
- 00:45:05stewardship Pastor because I think
- 00:45:07within the body of Christ we've kind of
- 00:45:09taken the word of stewardship that it
- 00:45:12only means money but that's not the case
- 00:45:15stewardship means I Steward I manage
- 00:45:19what God has given so stewardship is not
- 00:45:22just money stewardship if you're going
- 00:45:23to be successful with money you got to
- 00:45:25be a good Steward in other areas as well
- 00:45:27yeah means I manage what's not mine so
- 00:45:30the time that I have on this Earth as a
- 00:45:32Christian it's not my time it's God time
- 00:45:34these clothes that I have on these are
- 00:45:35not my clothes they're God's clothes I'm
- 00:45:37Steward in that um watch this the wife
- 00:45:39that I have that I will get that's not
- 00:45:42my that's my wife but it's his daughter
- 00:45:45I'm called to Steward her and protect
- 00:45:48her the kids that I have it's not mine
- 00:45:51from a Biblical perspective I'm just
- 00:45:52stewarding them for 21 years wow it is
- 00:45:55my responsibility to raise them and
- 00:45:57train them in the way that they should
- 00:45:59go to fulfill the assignment on their
- 00:46:00life so I think if we're going to be
- 00:46:02good Steward with money so we can
- 00:46:04receive abundance we have to understand
- 00:46:06that everything that we have in life is
- 00:46:08not ours wow and it's just called for us
- 00:46:11to Steward so the time that I have with
- 00:46:14you um um I didn't do a whole bunch of
- 00:46:16podcast on this book because I was like
- 00:46:18I think there bad stward for me to go
- 00:46:20over there but it's good Steward for me
- 00:46:22to come to lisis house because that's my
- 00:46:24brother I know we're going to have an
- 00:46:25intellectual conversation that's good
- 00:46:27leave here go over here and do that but
- 00:46:29it's like now in the season of my life
- 00:46:30I'm stewarding every hour of my day well
- 00:46:34because I want to make sure that I'm not
- 00:46:36wasting that time on something that
- 00:46:38doesn't get me closer to the assignment
- 00:46:40that I need to fulfill right and so if
- 00:46:42we're going to be good with money if
- 00:46:44we're going to receive all the abundance
- 00:46:46we cannot solely focus on money we got
- 00:46:49to focus on everything that God is
- 00:46:51giving us in our life me it stewards
- 00:46:53over every single thing one of the
- 00:46:55prayers I'm really praying for right now
- 00:46:56now is like God and I'm practicing it
- 00:46:59God when I'm blessed to have a family
- 00:47:01God let me Ste that family well W well
- 00:47:03Anthony how are you going to do that and
- 00:47:05I told you this before before the show I
- 00:47:07was like man I lost out on a good woman
- 00:47:08because I didn't make her a priority I I
- 00:47:11wasn't being intentional I didn't
- 00:47:12Steward That season well with her so now
- 00:47:15what I'm doing is man I don't work on
- 00:47:17Fridays I'm positioning myself to when
- 00:47:20that when that comes I can Steward that
- 00:47:23relationship well and I believe that if
- 00:47:25we can Steward that well right and get
- 00:47:27the right partner man like you I mean
- 00:47:30your wife is amazing and I've seen her
- 00:47:32work man you all just going to make more
- 00:47:33money together because of the true
- 00:47:35partnership right so the lwis house we
- 00:47:37see today this time next year it's going
- 00:47:40to be a different Louis house because
- 00:47:41now you you're married you have a true
- 00:47:43partnership y'all are stewarding that
- 00:47:45well and I just believe God is just
- 00:47:47going to bless it man so that's that's
- 00:47:49my thoughts that's beautiful man and
- 00:47:51when your next book comes out around
- 00:47:52money we'll have to do a whole thing
- 00:47:53about how engaged couples should be how
- 00:47:56they should merge spiritually and
- 00:47:58financially their asset together so
- 00:48:01that'll be the next conversation we have
- 00:48:03do time but for now I want people to get
- 00:48:05a copy of your book take your seat at
- 00:48:07the table live an authentic life of
- 00:48:09abundance wellness and Freedom by
- 00:48:11Anthony O'Neal also on social media
- 00:48:13YouTube Anthony O'Neal make sure to
- 00:48:15check out his channel his show and all
- 00:48:18the good things uh any final thing on
- 00:48:21your heart or mind that you would like
- 00:48:22to to finish before we got to jump you
- 00:48:25out of here amen listen number one thank
- 00:48:27you so much Louis for always opening the
- 00:48:29door for me to come on man um it's
- 00:48:31always an honor and y'all I got to say
- 00:48:34this I know we're promoted my book but I
- 00:48:36will be remissed uh to not encourage you
- 00:48:38all to pre-order my brother's book make
- 00:48:40money easy um come over my show we dive
- 00:48:43deep into it at the table because I
- 00:48:45can't wait to um have this conversation
- 00:48:47but I would definitely like to end with
- 00:48:48this that if you're going to take a seat
- 00:48:50at the head of your table in
- 00:48:522025 there's a key thing that you got to
- 00:48:54do that I believe that a lot of people
- 00:48:56skip over we tell everyone to mind your
- 00:48:57business like hey get get out of my
- 00:48:59business just mind your business but I
- 00:49:01think the key thing for 2025 is 2025 is
- 00:49:04you have to mind your business because
- 00:49:08our mind is your number one business and
- 00:49:11so I I want encourage people that if you
- 00:49:13going to take a seat at the head of your
- 00:49:14table the only way you can honestly
- 00:49:17build a successful future is to grow
- 00:49:19your number one asset which is your mind
- 00:49:22read the right books get my book take
- 00:49:23your seat at the table get Louis new
- 00:49:25book uh make money easy um um get other
- 00:49:28folks listen to podcast that's going to
- 00:49:30grow your mind because what we put in
- 00:49:32here goes into our heart what what comes
- 00:49:35into our heart is going to naturally
- 00:49:36flow out of our hores and when that
- 00:49:38naturally flows out it's going to be
- 00:49:40good stuff flowing out that is going to
- 00:49:42produce abundance wellness and freedom
- 00:49:44but if we're always filling oursel up
- 00:49:45with what shade room says what this ISS
- 00:49:47what gossip bloggers then we're just
- 00:49:49we're going to pour that out and we're
- 00:49:51not going to see our life progressing
- 00:49:52forward and so if you want to take a
- 00:49:54seat at the head of your table mind your
- 00:49:56B
- 00:49:57and uh come check me out my man thank
- 00:49:59you brother love you brother appreciate
- 00:50:01you man yes sir thank you so much for
- 00:50:04being here I hope you got some value
- 00:50:06from this episode as much as I did if
- 00:50:08you did please do me a favor and click
- 00:50:11the like button right now if you like
- 00:50:12this it's going to help share it out
- 00:50:14into the YouTube world even more for us
- 00:50:16please click that like button and leave
- 00:50:18a comment below on your biggest takeaway
- 00:50:21or if you have any questions that you
- 00:50:23want me to follow up with also subscribe
- 00:50:25to our Channel because when you do you
- 00:50:28help us book even bigger guests and I
- 00:50:31want you to have the best information
- 00:50:34out there in the world because that's
- 00:50:35what the school of greatness is all
- 00:50:37about so make sure to subscribe right
- 00:50:39now like this video share a comment
- 00:50:42below on your biggest takeaway and also
- 00:50:44I've got some big news a new book if
- 00:50:46you're looking to create Financial
- 00:50:47Freedom in your life and you want more
- 00:50:49abundance and you want a richer life
- 00:50:51then make sure to check out my new book
- 00:50:53make money easy I think you're going to
- 00:50:56love this and it's all about creating
- 00:50:58Financial Freedom the link is below in
- 00:51:00the description or you can go to
- 00:51:01makemoney easy
- 00:51:03book.com and check it out
- 00:51:06empowerment I think if if you would hope
- 00:51:11that when you leave that you've
- 00:51:15empowered somebody in their
- 00:51:19life uh to do something better yeah it's
- 00:51:22one of the great things about Shark Tank
- 00:51:24where was I just the other
- Finance
- Debt Management
- Financial Education
- Wealth Building
- Budgeting
- Emotional Health
- Money Mindset
- Abundance
- Stewardship
- Investing