0:17

Welcome back to no race like home . We

0:20

are glad you are tuning in . I'm

0:22

your host , justin , and I'm Zane . How

0:24

are you doing , man ? Doing good . It has been

0:26

a great week . I am

0:28

feeling refreshed after a

0:30

nice weekend off of racing

0:33

and anything really important .

0:35

Yeah .

0:35

It really was just a nice weekend of working on

0:38

the podcast and everything else in my life

0:40

, but relaxed work .

0:42

You did your dadly duties . I went a

0:44

little bit on the wild side this past

0:46

weekend . You

0:48

were actually talking about coming with me , but

0:51

you had some responsibilities that you'd take

0:53

care of . Yeah , wife , and

0:57

this kind of ties into the

0:59

segment that we're talking about . I went to the casino

1:01

this past weekend .

1:03

I wish I had some money signs on this

1:05

. Yeah money , we'll add some

1:07

cool tunes coming up .

1:09

Yeah , but I ended up going to the casino

1:11

and

1:13

let's just say it did

1:15

not end well .

1:17

What makes you say that so ?

1:20

I've never had a certain chip

1:22

that I wanted to get at the casino and

1:24

I was about to get it . A certain

1:27

chip , yeah . So you know how they have like

1:29

five , 10s .

1:30

You're about to get 500 .

1:31

No , I got that . I

1:34

was about to get the $1,000

1:37

chip . I don't really gamble much very often

1:39

, so I've never got one , so I wanted to get one . I'm

1:42

more than doubled my money .

1:45

Should have went away . No one to fold them

1:47

.

1:47

Yeah , what's his name

1:49

? Dana White always says when you double

1:51

it , you leave . I don't ever want you to win

1:54

. Yeah , and I kept

1:56

on gambling and next thing

1:58

I know I lose everything

2:00

in less than two minutes .

2:02

What were you playing ?

2:03

Blackjack .

2:05

You put all of it . I was betting big babies

2:07

. Yeah , that was your number one secret there

2:09

. Blackjack is slow and easy .

2:11

Yeah , so I ended

2:13

up making different choices . One of my buddies

2:15

, though he ended up living pretty good .

2:17

Yeah .

2:18

He turned 200 into a thousand .

2:21

Oh nice , Nice yeah .

2:22

So he did pretty good .

2:23

Well , as you see , we have a

2:25

new setup and we are actually posting

2:28

on long form on YouTube now for

2:30

people to tune in . So I'm excited about

2:32

that and yeah .

2:34

I wish he would have told me I look like I'm wearing

2:36

the same color , but different color . I didn't

2:38

dress for the occasion .

2:39

Oh , you're good , I'm wearing my built pants .

2:42

Yeah , but they're nice . Yeah , I know , I'm just

2:44

shoes are shoes are a little wonky , but my shoes

2:46

are .

2:46

What do you mean ? These ? These are literally

2:49

, what are they called ? The

2:51

best dress shoes you can buy ? Yeah , what are

2:53

they ? I don't know , I don't know . Colhans

2:56

, colhans , yeah , okay , these

2:59

are nice baby , I got fish on my socks

3:01

. We're doing good , but

3:03

yeah , I laid some brick in our background

3:06

this weekend Hard labor .

3:08

Yeah , you know , he's labor worker now

3:10

Got out of the , got out of

3:12

the desk for a little bit .

3:13

Oh man . But yeah , I'm excited

3:15

about the long form and just got

3:17

a new setup until we get our new

3:20

studio here in a couple

3:22

of months probably nine to 10 months we'll have a new studio

3:24

going and I'm extremely

3:26

jealous of Zane right now because Amazon

3:29

likes him more and shipped his little fancy arm

3:31

for his mic before me . So I am

3:33

stuck here holding mine .

3:35

Yeah , you look a little , no necked .

3:37

I just don't have a neck

3:40

. But

3:42

yeah , we're here and

3:44

we are going to talk about something that most

3:47

people do not like to talk about and

3:49

if they do , they're most of the time bragging about

3:51

how much they have of it yeah

3:53

, and that is money . This

3:55

is going to be a quick segment because

3:57

we really want to make this kind of like a

4:00

series , so this is part one

4:02

of money talk for

4:04

men . Let's get it going . So

4:06

first I want to start off with how money

4:09

can often seem like a ticket to freedom

4:11

and security , but it also

4:13

be a source of great stress if not

4:15

managed properly . What

4:18

I mean by that is , no

4:20

matter how much money you have in life

4:22

, you might think it might create financial

4:25

freedom , create new

4:27

ways for you to experience

4:30

life and have a healthier

4:32

lifestyle for you and your family , but with money

4:34

comes great responsibility , as

4:37

one once said yeah . And

4:39

if not handled properly

4:41

, it can actually send you down a spiral and

4:43

cause a lot more stress in your life . If

4:47

that makes sense no , it does

4:51

. Based off my experience just

4:53

being around people who have money somehow

4:55

some of the people I know who have

4:57

the most money are typically

4:59

not happy with life . They have the house

5:02

, they have the fancy cars , yet their families

5:04

falling apart .

5:06

You know , one of the best sayings that I've recently

5:08

heard was Money

5:10

can buy you a house , but

5:12

it can't buy you a home . Yeah , no

5:14

, I agree with that and so I

5:16

Think , and like

5:18

you've kind of already said , how most people

5:21

use money as a tool and

5:25

they let it control

5:27

. They don't use it as a tool and they control their

5:29

lives with the money and what they have .

5:31

Yeah , and I think I thought I think a lot

5:34

of the problem with the money is right now we have a

5:36

bunch of fake Now I won't

5:38

say fake millionaires , it's hard to be fake

5:40

millionaire we have a lot of fake wealthy people

5:42

, if that makes sense , like credit card debt

5:44

People where we see they have a nice

5:46

house , nice cars , but yet they

5:48

owe 20 grand in credit card debt . And

5:51

Really

5:53

, I think it's because we're in such a digital

5:56

age when you can't really

5:58

feel it . We don't have bills in our wallets

6:00

, we don't have the money . We

6:02

get the tangible money that we can fill , we're

6:05

just swipe , happy and eventually , right , go crap

6:07

. Maybe I should slow down after

6:09

you buy a couple toys here

6:11

and there , yeah , and I think it's really

6:14

causing this kind of like a delusional

6:16

sense of wealth , like

6:18

, hey , I bought this nice stuff , but really it's

6:20

all just credit in the bank owns it , instead

6:23

of having the hardcore

6:25

Set in stone wealth that

6:27

people need to actually enjoy those types

6:29

of things . Yeah , especially

6:32

people my age . We grew

6:34

up in a complete digital age and I think a

6:36

lot of people At

6:39

my age don't really comprehend and

6:41

have financial literacy . Luckily

6:44

, I grew up in a family and a household were around

6:46

businessmen to where I was

6:49

able to respect that part of it and understand

6:51

that Money

6:53

comes and goes and you can't always . You

6:55

can't sell your life to it , because eventually it

6:58

has its ebbs and flows . And until you understand

7:00

how money works and how to use it to

7:02

your ability and to invest in

7:04

yourself , it

7:07

really just handles us and controls us .

7:09

How , if you could give them a key tip

7:12

or you know a piece of how

7:15

to help with money and how to make it work

7:17

not work for you and stuff

7:20

like that .

7:21

One thing I always say I actually have here my notes because

7:23

I don't want to botch it up . This

7:25

is actually something I have had a

7:27

conversation with the other day as I was coaching one of

7:29

my new Clients is

7:31

you want to treat money as a resource to manage

7:34

, not just as a means to an end , so

7:36

you want to invest wisely , spend thoughtfully

7:38

and remember the best things in life

7:40

aren't things . Money is important

7:42

, but not everything . So we want

7:44

to treat money as a resource to find better

7:46

ways to use our money and spread

7:49

our money out in different places , instead

7:51

of just buying things and having

7:54

new important toys and Things

7:57

that really don't hold much value , but

8:00

instead , if , as you're making money and

8:02

improving your wealth , find ways to

8:04

use it as a resource , whether that's Pain

8:07

for not education , because not

8:10

college , but paying for ways

8:12

to learn a new skill , whether that's trade

8:14

school or something online you're taking

8:16

to get a certificate or Paying

8:19

for if you're in digital marketing

8:21

, paying for more advertising to grow your business

8:23

. Yeah any kind of marketing or service

8:26

industry like . Use that money to multiply

8:28

your money if that makes sense .

8:30

Yeah . So invest in yourself , yeah , and

8:32

I think that's one of the key things

8:34

that when I was first Not

8:37

even when I was first this year , I think spend the

8:39

biggest difference for me . You

8:41

know , meeting with you , talking

8:43

with my boss and everything like

8:46

that , I never really knew what

8:48

invest in yourself meant , right

8:50

? So you hear all these big-time

8:52

guys saying , you know , invest in

8:55

yourself , invest in yourself , invest in yourself . And

8:57

it comes in two different ways . Your

9:00

body is a temple , mm-hmm . So investing

9:03

in yourself is taking care of your body , starting something

9:05

, yeah , working out and then

9:07

, like you were kind of saying , with the skill , learning

9:10

new skills . You know , I

9:12

hear all these you know gurus sitting

9:15

here say , hey , buy this

9:17

and I'm gonna Hope you make a million dollars

9:19

in a year right .

9:20

I just actually had a screenshot of that today

9:22

, so I'll touch on that after this

9:25

.

9:25

Yeah and I . That's

9:27

not necessarily that's the way that it's

9:29

gonna happen , but invest in in yourself

9:31

, like , for instance , something that we're going

9:34

, that we're going to here

9:36

shortly , is actually .

9:38

Okay , oh no . Well

9:40

, y'all just got an aerial view of my

9:42

garage , free

9:45

advertising for milestone . My elbow just

9:47

hit the camera and hit the

9:49

preset button and boom , the

9:52

whole garage was shown . Anyways

9:54

, you go and elaborate

9:56

more on that .

9:58

Well , like , like I'm trying to say

10:00

, invest in yourself . As far as you know , we're

10:02

going to a expo , mm-hmm

10:05

and hearing some pretty

10:07

cool people talk , where we gotta

10:09

go see Mark Cuban , david

10:11

Goggins that's just a two of the six

10:14

people that are speaking and

10:16

when you invest in yourself

10:18

you touched on it , kind of last podcast you

10:21

can do everything the right way waking up early

10:23

, making your early breakfast but you got to also

10:25

make sure to put in the extra effort for

10:27

it . When you're investing in

10:30

yourself , don't invest all this time and money into

10:32

yourself and not use any of the tools that you're given .

10:34

Now I agree with that , and one thing I

10:36

grew up knowing or learning

10:39

and hearing from being around such wise

10:41

men with money is one

10:44

thing my father always taught me which I've carried on

10:46

in my life is because I'm not I'm not big

10:48

in the stock market and stuff , I've dabbled

10:50

in it , just that , honestly , I treated more

10:52

like a casino than I think that's

10:54

the smartest way to do it . So if

10:56

you lose , you're like , well , unless

10:59

it's long stocks , obviously , if you're holding long

11:01

, but like crypto and stuff , that's a casino . I don't care

11:03

what anybody says . I made a few , few

11:06

coins off Doge , got out and bought

11:08

some cool stuff , but anyways I

11:10

. Something I was raised

11:13

thinking was I've always my dad always taught me

11:15

I rather

11:17

invest in myself than

11:19

invest in something , in a stock or

11:21

something that's at risk . He rather take

11:23

that resource and buy a company or

11:25

put more money in his company . And I

11:27

mean , at the end of the day , entrepreneurship

11:30

is a game and if you that's why

11:32

, if you think of it you're

11:34

gambling on yourself , you're risking

11:36

, and I'd much rather take

11:38

that money and me being full control

11:40

of my risk than putting on something

11:42

else I have no control over . So

11:44

, for example , if I had $50,000 , I'd

11:47

rather put that $50,000 in my business

11:49

and let

11:51

me work with it and some

11:53

random jackwagon and Wall Street

11:55

take my money and throw

11:58

it up in the air and hopefully it goes up .

11:59

Yeah , and it's not for everyone

12:01

. You know , not everyone's meant

12:04

to . As far

12:06

as investing themselves and open up

12:08

their own business , Not everyone wants to be

12:10

a business owner . I have a friend that I asked

12:12

him if he would want to start his own . He said , man

12:14

, I don't want to do it no chance . I

12:16

just want to be able to get my , get

12:19

what I deserve as far as pay , and go

12:21

home and spend time with the family , and there's nothing

12:23

wrong with that , as

12:27

far as not wanting to do

12:29

that . Just making sure that you're able to

12:31

provide and investing in yourself

12:33

is something where you know . In

12:35

that aspect , you just take time away for yourself

12:38

, right ? You make

12:40

sure to go do the things that you want to do , while

12:42

also learning .

12:44

Yeah , no , I agree with that and

12:47

I've realized that for

12:49

some reason , people are in my generation

12:52

, your generation , I

12:54

don't know where the connection was like cut

12:57

off , but not a

12:59

lot of people understand no-transcript

13:02

. I don't know if you've noticed that . Yeah , like

13:05

I have people where I tell them like pretty

13:07

basic stuff financially

13:09

and they're just like what , like

13:12

that's how that works , like interest rates and

13:14

just compound interest on credit cards

13:16

and just being smart

13:18

with your money . It just blows my mind and I honestly

13:21

I have a sense of like I

13:23

feel bad for people that have never been

13:25

taught that , because if

13:28

you don't pay attention to it soon

13:30

enough , you can dig yourself into a pretty big

13:32

hole and once you get in that

13:34

hole financially it's hard to get out of . And

13:37

I do have like a heart for that , like

13:40

it really does . It sucks to hear people's stories

13:42

.

13:43

Yeah , a lot of times you don't see it coming .

13:45

No , exactly .

13:46

It can literally happen within six months .

13:48

Yeah , and you just keep buying and buying

13:50

, and buying there was there

13:53

was with mine , with my year .

13:55

You know , I bought a truck early on and

13:58

this year has kind of progressed some and

14:00

I looked up and I was like

14:02

, oh crap , this is . I want

14:04

to get out of where I'm at now . So I've made

14:06

that since last year to be able to get out of that

14:09

, and it's definitely something

14:11

that can happen quick . And that's why it's so important

14:13

to make sure that we are educated

14:17

as far as financing , as far

14:19

as finances , to be able to make sure

14:21

that we don't put ourselves as

14:23

men into those predicaments , and also

14:25

for if you're a younger guy without

14:27

a family yet , that you start

14:29

off with you start off

14:32

with your family with that type of debt .

14:34

Now I agree with that and something

14:36

that I've

14:38

obviously have not been perfect with my money

14:41

, but as I've grown and gotten older and more mature

14:43

, I've taught myself some

14:45

different disciplines and whatnot

14:47

. And one thing I've noticed and it's

14:49

helped me a ton is , before I buy anything

14:51

, I always I basically go through

14:53

this checklist . It's like a flow

14:56

chart in my mind . I've

14:58

drawn it out before I might do , I could actually

15:01

like short over it , but

15:03

basically it's just a flow chart . I go down and I

15:05

follow like it says do

15:08

you need this , yes or no ? And you put no . Is

15:12

this something that is going

15:14

to benefit you here in the next six

15:17

months , yes or no ? So basically you

15:19

find just , and once I get the three no's , I just don't

15:21

purchase it .

15:22

Yeah .

15:23

And it's actually helped me a lot when

15:26

I was younger than buying all the stupid stuff , and

15:28

I've learned that until you

15:30

make those checks and balances and set those disciplines

15:33

in your life , you're not going to

15:35

. It's just going to be a downward spiral when it comes to spending

15:37

money because it's easy to do . It is

15:39

like next thing you know you got

15:41

$600 worth of Amazon credit

15:43

or purchases because it's just a tap away

15:46

.

15:46

Yeah , no , they make it so easy , and it makes it

15:48

so easy , absolutely , and they

15:50

do that for a reason because they know that

15:52

people have no discipline

15:55

. It's in your face all the time .

15:57

We naturally are just emotional people and

15:59

we just buy off emotions .

16:01

Yeah , it's the limbic part

16:03

in your brain that gets you to just pull that

16:05

trigger where they kind of pull you in , try to connect

16:07

with you and go from there .

16:09

And there's two people in this world , and the more I've

16:11

learned this , the better I've gotten with my money

16:13

and as , like a , I'm a small

16:15

entrepreneur . I'm not anywhere near a real

16:17

entrepreneur yet , but

16:20

the more I've learned this , there's two people in this world

16:22

there's buyers and there's sellers . The

16:25

buyers are the middle class

16:27

and the sellers are the wealthy people . Yeah

16:30

, and the first day , the day you realize that

16:32

every day , somebody is trying to sell

16:34

you . That's why you see ads , that's why

16:36

you see Amazon ads , that's why you see ads

16:38

for Walmart . You know Facebook . There's ads

16:41

. There's Instagram ads . They're selling

16:43

you , and the people selling you are the ones with

16:46

tons of money . And then the

16:48

wealth the average and middle class people are

16:50

the ones buying . Hey

16:53

, I'm a buyer . Yeah , it's just like

16:55

the day you realize that you start

16:57

thinking about your money a little different , like I

16:59

want to be the seller , yeah

17:01

, and I'm working on that , so

17:04

then I can be a buyer without worrying

17:06

about it .

17:07

Absolutely no . I didn't you

17:09

know . When

17:12

you look at to those , when you look into those mega

17:14

companies , you know the Amazon's , the Tesla's

17:16

, the . Apple's . It's

17:19

so funny so I watched this commercial

17:21

. There's this Apple commercial . It's

17:23

about a tractor . They

17:26

have nothing to do with

17:28

the Apple at all . It's

17:30

old tractor driving and

17:32

it has like a dog . You know people love

17:34

dogs . It gets hard . All heartwarming

17:37

and loving , dovey with the dogs Get

17:39

old , yell , yep . So

17:41

you pull then and you you're happy

17:43

to see it has nothing to do with an Apple phone

17:45

. It doesn't have an Apple logo

17:47

at all . And then at the very , very end of

17:49

the commercial of the ad

17:52

it just says Apple and

17:54

then it shows it that it was recorded off like an Apple

17:57

, I think it was like a 14 . And

18:01

so the

18:04

way they market , like we were already talking

18:06

about , is with the by limbic

18:08

system in your brain and it's what triggers

18:11

you to buy with emotion , with

18:13

that , and that's

18:15

how you master it . To be honest with you , you just have

18:17

to get and connect with those people emotionally

18:19

to be able to actually go

18:22

in and be able to get them to buy , even

18:24

if they don't have the money .

18:25

Yeah , I mean , you heard it here first

18:28

, guys . He is in the sales

18:30

business . I would listen to him . So

18:33

little sales little group salesman

18:35

no , I would listen to him , that's

18:38

actually really good I

18:40

train it . I'm not very good at

18:42

doing it , but I know what he's talking about . Yeah

18:44

, You're either really good at doing it or really good

18:46

at training it and I'm the training one Kind

18:50

of like a really good coach was usually not good

18:52

.

18:53

Yeah , he's the very out of us too . He's

18:55

the one that is very good at thinking

18:58

of things , but he doesn't

19:00

. He's

19:03

a very good idea guy . The

19:05

execution part of like building things and

19:08

doing stuff like that , like as far as go

19:10

back to when we were building the .

19:11

Oh no , I got the . I could build the whole house

19:14

and stuff in my head . I got to find the people to actually

19:16

do it . I'm good at creating the

19:19

game plan , giving

19:21

you the vision , the dream behind it , and then I need

19:23

the right people in the right spots , so

19:26

which happens to be a lot of entrepreneurs . So luckily , I'm

19:28

not completely screwed .

19:30

Yeah , there you go .

19:32

But yeah , as far as money , money definitely

19:34

is something that controls us as

19:37

humans and we need to make

19:39

sure that we are doing everything

19:41

we can to prepare ourselves for the day where

19:43

you do end up having the

19:45

money and you put in the work and

19:47

you receive that blessing and you

19:49

want to be able to execute it and use it properly

19:52

, without it letting your family

19:54

or ruin the people that you love . And

19:56

on top of that , one thing is

19:59

me I I'm never

20:01

going to talk about money or with someone , or

20:03

if they tell me hey , this is what I'm doing for money , I

20:05

want to invest it . The first thing I want to ask them is if they're

20:07

titling or giving to the church or

20:09

the charities and stuff , because

20:11

I am a firm believer just because in my faith

20:13

, that if you

20:15

aren't giving your

20:18

10% , then there's no reason

20:20

to even try , because it's

20:23

already hard enough to earn it and work with it . Yeah

20:25

, if you're that selfish where you can't

20:27

give some of it away and bless other people , you

20:30

probably don't deserve to have it .

20:31

Yeah , and you know , we

20:34

just want you to remember that finance , financial

20:37

health , is a key component of the

20:39

overall well-being .

20:41

Oh , it is Right .

20:42

So take control of your finances , make

20:45

more informed decisions about your finances

20:47

and create

20:49

a secure and secure

20:52

and also fulfilling financial

20:54

future . Yeah , being

20:57

small , investing $100

20:59

every month to a to

21:04

the stock market .

21:05

Yeah , yeah , and

21:07

this is for part one of this series . So part

21:09

two I'm going to dive into like tips

21:11

and not tricks , but tips

21:13

and just good , good habits to practice with

21:15

your money and spreading it out and saving

21:17

it , and things that I've

21:20

learned in my life with my family

21:22

and how to manage it and have like emergency

21:24

funds and all of that

21:26

. But that's going to be probably

21:28

I'm hoping we record tomorrow . But the

21:30

next part two is the money series . Well

21:33

, I want to dive into just like some habits

21:35

good habits to practice to create wealth

21:37

for your future and your family , because

21:40

, at the end of the day , this is a fatherhood and

21:42

husband podcast and

21:44

I want to make sure that we're setting our families up for success

21:46

. That's our , that's our job

21:48

as a husband and a leader in the family

21:51

is to provide and create

21:53

wealth for our children

21:55

and our children's children . As the Bible says

21:57

yeah , create inheritance

21:59

for the kingdom .

22:02

Well , that's pretty much it for me , yeah .

22:04

That's all I got . That's all I got . Okay , so that's all I got . That's all

22:06

I got . I hope that you enjoyed this one . It was just a quick summary

22:09

, quick intro to what we're going to dive into

22:11

. But tune in to part two where

22:13

we're going to dive into tips

22:15

and tricks and great habits to practice

22:17

to create wealth for the future . See

22:20

you later .