Money, Business and Books with tha homies

Money, Business and Books with tha homies

By Literacy KingsBusiness
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Money, Business and Books with tha homies episodes

  • S2 Ep8 - Wells Fargo's CEO says, "There is a limited pool of black talent." - Money Circulation
    EPISODE OVERVIEW
    Wells Fargo Chief Executive Charles Scharf aka "Chuck" angered some Black employees in a Zoom meeting this summer when he made the statement, "While it might sound like an excuse, the unfortunate reality is that there is a very limited pool of black talent to recruit from," This was the lame excuse Chuck used to explain why the bank had trouble reaching diversity goals.
    This is not Wells Fargo's first time in the news. They have admitted to opening fake accounts and opening accounts for customers without knowledge. In February the bank reached a $3 billion settlement with regulators to close the books on the bank's civil and criminal liability.
    If you've received value from the podcast, please consider supporting the show 👉  anchor.fm/literacy-kings/support
    We greatly appreciate you!
    Follow:
    Corey Paul @CoreyPaulMusic
    J w/ an MBA @JwithMBA
    Lit-Eracy Kings @LiteracyKings
    Music Production:
    Rafael "Box” Hernandez
    https://www.beatstars.com/boxoflegacy
    DISCLAIMER: Description may contain affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. This helps support the podcast and allows us to continue making content like this. Also, none of the information mentioned is financial advice, we are only sharing our research, experience, and beliefs. Love!
    © Literacy Kings LLC
    51 min
  • S2 Ep7 - Trump ONLY paid $750 in taxes. How'd he do it? - Money Circulation

    EPISODE OVERVIEW

    The year that Trump won the presidency he only paid $750 in income taxes. 10 of the 15 years before his presidency, he paid $0 income taxes, and in 2010 he received a 72.9 million dollar tax return. The big question is, "HOW?!"

    We talked about how this is possible in S1 EP4, "How You Can Legally AVOID Taxes - Rich Dad, Poor Dad". Today we focus on Trump and how he did it.


    If you've received value from the podcast, please consider supporting the show 👉  anchor.fm/literacy-kings/support

    We greatly appreciate you!


    Follow:

    Corey Paul @CoreyPaulMusic

    J w/ an MBA @JwithMBA

    Lit-Eracy Kings @LiteracyKings


    Music Production:

    Rafael "Box” Hernandez

    https://www.beatstars.com/boxoflegacy


    DISCLAIMER: Description may contain affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. This helps support the podcast and allows us to continue making content like this. Also, none of the information mentioned is financial advice, we are only sharing our research, experience, and beliefs. Love!

    © Literacy Kings LLC
    1 hr 5 min
  • S2 Ep6 - Our Abusive "Relationship" with Banks - Money Circulation

    EPISODE OVERVIEW 

    In today's episode, we continue with our discussion about the banking system. Banks say they want a "relationship" but, is it mutually beneficial? If you don't think it is, we have a few ideas about how to break free.  


    If you've received value from the podcast, please consider supporting the show 👉  anchor.fm/literacy-kings/support

    We greatly appreciate you!


    Follow:

    Corey Paul @CoreyPaulMusic

    J w/ an MBA @JwithMBA

    Lit-Eracy Kings @LiteracyKings


    Music Production:

    Rafael "Box” Hernandez

    https://www.beatstars.com/boxoflegacy


    DISCLAIMER: Description may contain affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. This helps support the podcast and allows us to continue making content like this. Also, none of the information mentioned is financial advice, we are only sharing our research, experience, and beliefs. Love!

    © Literacy Kings LLC

    47 min
  • S2 Ep5 - Banks = "Deebo". They Took $11 BILLION in Overdraft Fees from Us | Money Circulation

    EPISODE OVERVIEW

    • Interest rates will be low for a while.
    • Are we headed for a mortgage crisis? If so, what will that mean for us?
    • Is the auto industry in crisis?  If so, what will that mean for us?
    • Banks make their money from charging interest on loans (mortgage, auto, personal), if they can’t make from that, will they make if from us in fees?
    • If you've received value from the podcast, please consider supporting the show 👉  anchor.fm/literacy-kings/support

      We greatly appreciate you!


      Follow:

      Corey Paul @CoreyPaulMusic

      J w/ an MBA @JwithMBA

      Lit-Eracy Kings @LiteracyKings


      Music Production:

      Rafael "Box” Hernandez

      https://www.beatstars.com/boxoflegacy


      DISCLAIMER: Description may contain affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. This helps support the podcast and allows us to continue making content like this. Also, none of the information mentioned is financial advice, we are only sharing our research, experience, and beliefs. Love!

      © Literacy Kings LLC

      41 min
    • S2 Ep4 - Netflix, Airbnb & Disney Started During a Recession. Are We In One Now? | Money Circulation

      EPISODE OVERVIEW

      Recession = Opportunity!  Some of today's biggest companies started during a recession, so there is obviously an opportunity there if you know what to look for. But, the first thing we have to do is understand, what is a recession?  Today, we break down:

      • What is a recession?
      • Signs of a recession
      • Are we in a recession now? 
      • How to find opportunity in a recession 
      • How to protect yourself in a recession

      • Recessions are inevitable, but how we deal with them is up to us. We can play defense and try to survive, or play offense and use them as opportunities to build assets and wealth 🚀

        If you've received value from the podcast, please consider supporting the show 👉  anchor.fm/literacy-kings/support

        We greatly appreciate you!


        Follow:

        Corey Paul @CoreyPaulMusic

        J w/ an MBA @JwithMBA

        Lit-Eracy Kings @LiteracyKings


        Music Production:

        Rafael "Box” Hernandez

        https://www.beatstars.com/boxoflegacy


        DISCLAIMER: Description may contain affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. This helps support the podcast and allows us to continue making content like this. Also, none of the information mentioned is financial advice, we are only sharing our research, experience, and beliefs. Love!

        © Literacy Kings LLC

        51 min
      • S2 Ep3 - How Much Does A Dollar Cost? Interest, Banks and the MOB | Money Circulation

        EPISODE OVERVIEW

        Inflation, Deflation, Interest Rates, and "The Fed".  If none of that means anything to you, that's cool, it didn't for us either. Not until we realized those were some of the things controlling our money and we had no idea. Plug into today's show and we're gonna bust it all down!   


        If you've received value from the podcast, please consider supporting the show 👉 anchor.fm/literacy-kings/support

        We greatly appreciate you!


        Follow:

        Corey Paul @CoreyPaulMusic

        J w/ an MBA @JwithMBA

        Lit-Eracy Kings @LiteracyKings


        Music Production:

        Rafael "Box” Hernandez

        https://www.beatstars.com/boxoflegacy


        DISCLAIMER: Description may contain affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. This helps support the podcast and allows us to continue making content like this. Also, none of the information mentioned is financial advice, we are only sharing our research, experience, and beliefs. Love!

        © Literacy Kings LLC

        36 min
      • S2 Ep2 - Banks Are Loaning Out 90% of YOUR Money. | Money Circulation

        EPISODE OVERVIEW

        What does the bank do with your money after you deposit it? They loan it to someone else 🤯  Banks have to follow the rules of "Fractional Reserve Banking", which means:

        • Banks are required to keep on hand a certain amount of the cash that depositors give them, but banks are not required to keep the entire amount on hand.
        • Only a fraction of bank deposits are backed by actual cash on hand and available for withdrawal.
        • Most banks are required to only keep 10% of the deposit, referred to as reserves.

        • If you've received value from the podcast, please consider supporting the show 👉 anchor.fm/literacy-kings/support

          We greatly appreciate you!


          Follow:

          Corey Paul @CoreyPaulMusic

          J w/ an MBA @JwithMBA

          Lit-Eracy Kings @LiteracyKings


          Music Production:

          Rafael "Box” Hernandez

          https://www.beatstars.com/boxoflegacy


          DISCLAIMER: Description may contain affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. This helps support the podcast and allows us to continue making content like this. Also, none of the information mentioned is financial advice, we are only sharing our research, experience, and beliefs. Love!

          © Literacy Kings LLC

          43 min
        • We are the “Literacy Kings”
          “Breaking down books, building up culture.” The Lit-Eracy Kings podcast is hosted by Corey Paul (Rapper, Creative, Entrepreneur) and JaMorcus Trayham, MBA (Investor and Teacher). We grew up in neighborhoods with a 30% - 40% drop out rate and didn’t start reading books until we were adults. Unfortunately, we realized that most books are not written in a way that speaks to us directly. 
          Each season we pick a book and break it down in a way that's real and culturally relevant for people like us, who feel marginalized due to lack of resources and socioeconomic backgrounds. 
          © Literacy Kings
          1 min
        • S2 Ep1 - What is Money? | Money Circulation

          EPISODE OVERVIEW 

          Cash, Gold, or Bitcoin? In episode one of our “Money Circulation” series, we cover the evolution of currency (money). For something to be considered currency in needs to be: 

          • Valuable
          • Portable
          • Divisible
          • In Limited Supply
          • Have a Means of Exchange
          • Trustworthy. 
          • When you hear the word currency, most of us think about the dollar, but the dollar was not our first form of currency and with the emergence of Bitcoin and other digital currencies, it won't be our last. So, how did we go from the barter system to today’s digital age of currency? We go through the timeline today! 

            The next book we will breakdown is, "Black Wall Street: From Riot to Renaissance" by Hannibal B. Johnson. It's FIRE! But until then, enjoy the “Money Circulation” series and let us know your thoughts! 


            If you've received value from the podcast, please consider supporting the show 👉  anchor.fm/literacy-kings/support

            We greatly appreciate you! 


            Follow:

            Corey Paul  @CoreyPaulMusic

            J w/ an MBA  @JwithMBA

            Lit-Eracy Kings  @LiteracyKings


            Music Production:

            Rafael "Box” Hernandez

            https://www.beatstars.com/boxoflegacy


            DISCLAIMER: Description may contain affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. This helps support the podcast and allows us to continue making content like this. Also, none of the information mentioned is financial advice, we are only sharing our research, experience, and beliefs.  Love! BCk5UY4BojYvyPIodTnW

            © Literacy Kings LLC

            41 min
          • S1 Ep8 - TOP TEN Ways To Start Building Wealth Today | Rich Dad, Poor Dad

            EPISODE OVERVIEW

            1. Find a reason greater than reality: the power of the spirit.

            2. Make daily choices: the power of choice.

            3. Choose friends carefully: the power of association. 

            4. Master a formula and then learn a new one: the power of learning quickly 

            5. Pay yourself first: the power of self-discipline

            6. Pay your team well: the power of good advice

            7. How to get something for nothing.

            8. Use assets to buy luxuries: the power of focus.

            9. Choose heroes: myth vs reality

            10. Teach and you shall receive: the power of giving. 


            If you've received value from the podcast, please consider supporting the show 👉  anchor.fm/literacy-kings/support

            We greatly appreciate you!


            “Rich Dad, Poor Dad” Book:

            Buy: https://amzn.to/3bF83fi

            Listen: Free 30-day Audible trial 


            Follow:

            Corey Paul  @CoreyPaulMusic

            J w/ an MBA  @JwithMBA

            Lit-Eracy Kings  @LiteracyKings


            Music Production:

            Rafael "Box” Hernandez

            https://www.beatstars.com/boxoflegacy3


            DISCLAIMER: Description contains affiliate links, which means that if you click on one of the product links, We’ll receive a small commission. This helps support the podcast and allows us to continue making content like this. Thanks!

            © Literacy Kings LLC

            1 hr 43 min

          About Money, Business and Books with tha homies

          From the publisher's feed

          Literacy Kings breaks down popular financial books in a culturally relevant way for people of color who have been marginalized. Our podcast is a mix of education, entertainment, business, investing,…