Nightcap - Hour 2: Daily Dumb Dumb, John Hope Bryant, Ocho's fine

Summary

Podcast Summary: Club Shay Shay – Nightcap - Hour 2: Daily Dumb Dumb, John Hope Bryant, Ocho's Fine

Episode Information:

• Title: Club Shay Shay
• Host/Author: iHeartPodcasts, The Volume, and Shay Shay Media
• Episode: Nightcap - Hour 2: Daily Dumb Dumb, John Hope Bryant, Ocho's Fine
• Release Date: February 1, 2025

Overview: In this engaging episode of Club Shay Shay, NFL legend Shannon Sharpe hosts a dynamic conversation featuring Bobby Bones, Ocho Cinco, and esteemed financial expert John Hope Bryant. The discussion centers around financial literacy, wealth building within the Black community, the importance of credit scores, and overcoming systemic challenges. With insightful anecdotes, actionable advice, and powerful narratives, the episode serves as both an educational and motivational guide for listeners aiming to achieve financial stability and prosperity.

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Introduction to Financial Literacy

[06:10] John Hope Bryant:
John Hope Bryant opens the dialogue by expressing frustration over the common misconception that accumulating money surpasses the importance of maintaining a good credit score. He emphasizes, “People don't see the dollar figures and the amount of money and they forget credit” (06:10).

[08:14] Bobby Bones:
Bobby counterpoints by highlighting the real-life challenges of managing disposable income, especially among professionals with hefty financial obligations. He questions, “How would one that has very little or marginal disposable income accumulate something that when they retire they have something to have a nice little nest egg?” (34:47).

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The Significance of Credit Scores

[07:19] John Hope Bryant:
John underscores the critical nature of credit scores, stating, “The biggest thing on Shannon Sharpe is his credit score. He's got an 800 credit score” (07:19). He argues that a strong credit score is as vital as a four-year college degree, linking financial literacy to civil rights.

[14:52] Bobby Bones:
Bobby introduces a community-based perspective on credit scores, noting disparities among different racial groups: “In the black community, it stays there like two minutes” (14:52).

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Building Wealth Through Smart Financial Practices

[20:38] John Hope Bryant:
John delves into the systemic issues that hinder wealth accumulation in Black communities. He highlights historical contexts, such as the failure of the Freedmen's Bank, and emphasizes the lack of financial education as a barrier to economic freedom. “Financial literacy is a civil rights issue of this generation” (20:38).

[33:19] Bobby Bones:
Bobby challenges the practicality of wealth-building strategies for those with limited disposable income. He uses the example of reducing daily expenses, such as cutting back on coffee and smoking, to reallocate funds towards investments. “Stop smoking cigarettes and go get a Keurig machine at home... you can do a dollar fractional share” (37:33).

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Overcoming Financial Challenges and Mindset Shifts

[41:31] John Hope Bryant:
John advocates for personal responsibility and mindset transformation. He urges listeners to “Get off your rear end and stop complaining, stop whining...” and to focus on building personal financial stability through education and disciplined habits.

[52:43] John Hope Bryant:
Addressing athletes, John warns of the financial pitfalls post-retirement. “70% of all those in the NBA, 70% of those in professional football, bankrupt five years after retirement” (52:43). He emphasizes the need for sustainable financial practices to ensure long-term wealth.

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Actionable Advice and Community Empowerment

[53:54] Bobby Bones:
Bobby seeks practical solutions for financial stability, questioning how to manage vacations and discretionary spending without incurring debt. He highlights the importance of budgeting and prioritizing financial goals over immediate gratification.

[54:22] John Hope Bryant:
John offers concrete steps for listeners to enhance their financial standing:

1. Education: “As much education you can shove down your throat.”
2. Understanding Money: “Financial literacy is as important as the right to vote.”
3. Self-Esteem and Confidence: Building personal worth to enable financial success.
4. Family Structure and Resiliency: Strengthening family units to support financial goals.
5. Role Models and Environment: Surrounding oneself with positive influences and successful examples.

He also introduces initiatives like Operation Hope, which provides free financial coaching to empower individuals towards homeownership and wealth accumulation.

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Closing Thoughts and Encouragement

[51:55] John Hope Bryant:
John concludes with a motivational message, encouraging listeners to take control of their financial futures. “You can be a Reggie Jackson, you can be Magic Johnson, you can be Michael Jordan... but you can’t sell enough movie tickets or tick or concert tickets or merchandise” (53:54). He stresses the importance of owning businesses and assets to build lasting wealth.

[54:36] Bobby Bones:
Bobby wraps up by reiterating the episode’s key takeaway: personal financial responsibility is paramount. He thanks John Hope Bryant for his invaluable insights and encourages listeners to apply the lessons learned to achieve financial independence.

---

Notable Quotes:

• John Hope Bryant:

  • “Financial literacy is as important as the right to vote.” (07:19)
  • “Money has velocity. It's not stopping. It will go.” (20:38)
  • “If your outflow exceeds your inflow, then your overhead will be your downfall.” (52:43)
  • “Get your mind right, get your spirit right, get your life right.” (41:31)

• Bobby Bones:

  • “I’m just trying to get it back to 850. It's been real slow to get back to get it back up there, but I’m trying.” (08:22)
  • “You got money to stop by Starbucks, drive through every day and buy a five dollar to a seven dollar latte.” (54:37)

• Ocho Cinco:

  • “If you don’t have discipline, it doesn’t matter what amount of money they give you, you’re gonna run through.” (56:32)
  • “Financial literacy and discipline are key to sustaining wealth.” (57:08)

---

Key Takeaways:

1. Prioritize Financial Education: Understanding the mechanics of money and maintaining a strong credit score are foundational to building and sustaining wealth.
2. Mindset Matters: Developing self-esteem, confidence, and a disciplined financial approach are crucial for personal and community economic success.
3. Community Empowerment: Initiatives like Operation Hope play a vital role in providing the necessary tools and coaching to uplift Black and Brown neighborhoods economically.
4. Personal Responsibility: Listeners are encouraged to take control of their financial futures through smart spending, investing, and continuous learning.
5. Systemic Challenges: Addressing historical and systemic barriers is essential for true economic liberation within marginalized communities.

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Conclusion: This episode of Club Shay Shay serves as a powerful reminder of the importance of financial literacy and personal responsibility in achieving economic freedom. Through the insightful dialogue between Bobby Bones, Ocho Cinco, and John Hope Bryant, listeners are equipped with valuable knowledge and motivated to take actionable steps towards building lasting wealth. The emphasis on education, disciplined financial practices, and community empowerment underscores the collective effort needed to overcome systemic challenges and foster prosperity within the Black community.

Transcript

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[Bobby Bones]

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[Matt Castle]

Join me and former NFL quarterback Matt Castle every Wednesday for our new podcast, Lots to say with Bobby Bones and Matt Castle. Between us, we have over 17,500 passing yards, multiple New York Times bestsellers, and one mirrorball trophy from Dancing With a Star. So where else are you going to find a show with that much athleticism and football insight? We talk sports, but we talk pop culture and music and a little bit of everything. Listen to Lots to Say with Bobby Bones and Matt Castle on the iHeartRadio app, Apple Podcast, or wherever you get your podcasts.

[John Hope Bryant]

I'm so sick of hearing men talk about women's basketball. This is Lexi Brown and Mariah Rose, and we've got a new podcast, Full Circle. Every Wednesday, we're catching you up on what's going on in women's basketball. We've got you with analysis, inside stories and a little bit of tea. Full circle is an iHeart women's sports production in partnership with Deep Blue Sports and Entertainment. Listen to Full circle on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Presented by Elf Beauty, founding partner of iHeart Women's Sports.

[Matt Castle]

The volume.

[Bobby Bones]

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[John Hope Bryant]

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[Bobby Bones]

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[John Hope Bryant]

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[Bobby Bones]

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[John Hope Bryant]

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[Bobby Bones]

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[John Hope Bryant]

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[John Hope Bryant]

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[Bobby Bones]

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[John Hope Bryant]

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[Bobby Bones]

Hey Ocho, you gotta listen to this baby mama who blocked her incoming child support payments. Chad, take a listen to this.

[John Hope Bryant]

Take child support payments from him, do you? Yes. He leaves blocking on Venmo. He should have. That makes it so much easier on him to just Venmo me instead of going to the bank. He's doing everything the easiest that it can possibly be done for Chase. And he's done that the whole time. We've been why would you not want it to be easy if he's going to send you money, why would you not want that to be easy for him? Because it takes one more thing off of Chase that he has to do. You don't take child support.

[Bobby Bones]

Let that seek it, she said, because it's easy. He should have to go to the bank and get the money and bring it. Like basically bring it to her as opposed. So she, when he Venmoes it Venmo her money, she blocks the payments and then says I ain't getting child support.

[Ocho Cinco]

I don't understand what's the point? What is she doing?

[Bobby Bones]

She doesn't. She says it's too easy for him to make child support payments by Venmoing.

[Ocho Cinco]

Oh, so she wants it to be a Little bit more difficult on him to all.

[John Hope Bryant]

Yes.

[Ocho Cinco]

Well, I, I, that, that, that makes absolutely no sense, honey.

[John Hope Bryant]

That makes absolutely no sense.

[Ocho Cinco]

I, I wonder what the ruling was in that case.

[Bobby Bones]

You can't block O.O. he's paying.

[John Hope Bryant]

Yeah.

[Bobby Bones]

You can't say he's not playing when you blocking the payment.

[John Hope Bryant]

She tripping.

[Ocho Cinco]

She tripping big time. Big time.

[Bobby Bones]

I'm like, I had to listen to it again. She was like. Because it's so easy for him, and he just. He's always doing the easiest thing possible.

[John Hope Bryant]

Yes.

[Bobby Bones]

Ocho, how many people have direct deposit on their bills because everybody got tired of writing checks, filling it out, putting it in the mail, putting a stamp on it. They say, you know what? We could just take this out every month and be done with it.

[Ocho Cinco]

Oh, yeah.

[John Hope Bryant]

Babe.

[Bobby Bones]

You got to move on. He done moved on with his life. That sounds like a woman that's upset that the child's father or ex husband or whatever the case may be has moved over.

[Ocho Cinco]

That's what happens when you still have feelings. When you're a little bitter. When you're a little bitter, because if you're not bitter, you let everything happen very smoothly. So you don't have any. Any type of situation or you have. No, no, I don't. Not combativeness. What's the word I'm looking for? Yeah, I'm looking for a word. I really can't find it.

[John Hope Bryant]

Talk.

[Ocho Cinco]

Yeah, yeah, that too.

[John Hope Bryant]

Yeah.

[Bobby Bones]

Auto pay. I ain't got no auto. Well, I do got auto pay, but Shelly set that up. Great guy, great financial guy. Had some great ideas of how and what you should do if you get some money, how you could save your money. He and I had a great conversation. Talking about, he told me, like, if your assets are on your ass, you not said so without it. Without any further ado, let's give it up. Good friend of mine, John Hobright. John, how you doing?

[John Hope Bryant]

All good, my man. Good to be with you.

[Bobby Bones]

Good to be with you. So a couple of weeks ago, you did. You know what?

[John Hope Bryant]

You know. You know what? You know what? The ladies. The ladies had talked to me about you since you were at the forum, and they said, you know, you know what the biggest thing on Shannon Sharpe is? I was like, I don't know if I want to know the answer to this question. No, no, no. The biggest thing on Shannon Sharp is his credit score. He's got an 800 credit score. This brother's making smart sexy. We've been making dumb sexy for way too long. We've Gone down and celebrated it. It's time to make smart sexy again. You want to impress me? Give me a. Get an A in math. You want to impress me? Don't just be cute tonight. When you go to the club tonight, you ask her a name. Yeah, you finally then what's your credit score? That's your partner for life. Anyway, I heard that you're a very high credit score, Shannon. Kudos to you, brother.

[Bobby Bones]

I am. I'm trying to get it back to 850. I'm trying to get it back to 850. It's been real slow to get back to get it back up there, but I'm trying.

[Ocho Cinco]

Yeah. Hey, brother John, I'm glad you opened up with that. I'm glad you opened up with the credit score thing. For the people that are in the chat and I see this discourse many times, especially on Twitter where people are always arguing. There. There'll be a. A question. Would you rather 800 credit score or a certain amount of money? And it'd be. It'd be a lot of money. Let's say just a million dollars. It might be. And every time on Twitter, they arguing for hours and hours at a time. And everybody chooses a certain amount of money as opposed to a credit score. For those that in the ch, please explain to them how important it is to have a credit score over any amount of money. People don't. People see the. The dollar figures and the amount of money and they forget credit. I want the lump sum of money.

[John Hope Bryant]

Yeah. Ambassador Andrew young, who was Dr. Who's Dr. King, by the way. Good to see you, Chad. God bless you, man. Both you guys are legends. Well, when Ambassador Young was on that balcony with Dr. King when he was assassinated, he's also built the city I'm in now is the only international city in the American South. The biggest economy in the south, the 10 largest economy in the US and he would say to live in a system of free enterprise and not to understand the rules of free enterprise must be the very definition of slavery. So you make money. My boy Tony Rustler billionaire, taught me this lesson. You make money during the day. He owns the Atlanta, Atlanta Hawks. For those who have just are sports fanatics. That's not what he made his money. That that was originally his toy. It was just something to play with. Now it's worth billions. But he made his money in finance, actually in Aries management. Anyway. Built his wealth. A really good guy. He said, you make your money during the day, you build wealth in your sleep. Okay. So this Is a similar situation. People become obsessed with the wrong thing. You asked a very good question. I want to get that cash. Wanna get this dollar. I want to get this bag. I want to get this money. I want. Useless, completely useless. Money has velocity. It's not stopping. It will go. And if you're financially illiterate, people who are literate will separate you from that. $92 of all GDP of blacks in America. 1.6, $1.7 trillion we generate and spend every year. 92% is consumption. So the man you want to call it that, he knows you're just going to go spend it. They don't need to hire you to be the spokesman for Louis Vuitton. You're going to be a walking billboard for it anyway. You don't need to hire sports figures to be. To be. To be Gucci spokespeople and whatever the brands are, they're going to wear it on anyway because our assets are all too often on our ass. So we have. Because we are with the rules of publishing, the playing fielders level, we kill it. Professional sports, the arts, politics, faith. The rules are published in the Plainfields level. But we have never been taught capitalism and free enterprise and financial literacy, which I consider to be financial literacy is a civil rights issue of this generation. So it's what you don't know that you don't know that's killing you, but you think you know. So now I'm going to drop a bomb here that makes a point that that money in and of itself is absolutely useless. If I gave a homeless guy. I was homeless for six months of my life. I was 18 years old. It was economic homeless. Most homelessness is mental illness and depression and other things, drugs. If you give a homeless man a million dollars and do nothing else, he'll be broke in six months. Because if nothing changes here and then nothing changes here values, then nothing's going to change here and here. You will walk away from your money or somebody will walk away with your money. And we want to blame the man. But these bad contracts in the music business, and bad. You signed it. The clan didn't tell you to sign it. Nobody stayed over your head with a butcher knife and said, sign that contract. You say, yo, I don't need to. I just want to. I just want to do the music. I just want to. I just want to play ball. I don't want to mess around with that. It's the music business. It's the business of music. It's the sports business, it's the Business of sports. So we are brilliant in so many ways. We've been doing so much with so little for so long. We can almost do anything with nothing. But we were never taught financial literacy. There was a Freedmen's bank created in 1865 after the Civil War. Abraham Lincoln did it with Frederick Douglass, and he was killed the next month for that. And promising blacks the right to vote. The bank failed. We never were taught how money works. So in some ways, it's not our fault. But we live in a capitalist democracy. So all these folks, 70% of those who win the lottery, 70% broke in five years. Wow. Broke. So all this stuff about, give me that money, give me that dollar. I'm going to be really dramatic here. Take all the money in the world, including mine, including yours, including Shannon's. Chad. Let's take. Because we're. We're green, really. We're not black at this point. We're green. We've made it. Take all our money with all. With everybody else's money, a top 3%. We just made the whole world socialist. Now redistribute it to everybody in the world equally. Within three years, we'll all have it back.

[Bobby Bones]

Yep.

[John Hope Bryant]

If you don't do anything else, we'll all have it back. Because somebody understands how capitalism and free enterprise and money works. And somebody's understand how to spend it. People say, I can be a millionaire. I won't go broke. Yes, you will. Millionaires go broke every day. You could. A billionaire can go broke. It's hard. But you can go broke. If your outflow exceeds your inflow, then your overhead will be your downfall. What you really want is mindset knowledge. You know what I like about Shannon? He came into the whole global forum. We had the whole global forum. And my man just was nosy as Quincy Jones. How'd you get so smart? I'm just nosy as hell. I want to know everything about everything. He was nosy. He was all up in everybody's business asking this billionaire question, asking that billionaire question, asking that CEO question, all up in my face, asking me questions, trying to learn what he doesn't know.

[Bobby Bones]

You don't know what you don't know. John, let me ask you this. And I don't. I don't know if you know this off the top of your head, but I was reading, like, in the Jewish community, the dollar stays there like 43, 45 days. In the Asian community, it stays there like 20 days. And the white community stays there like 10 days, 15 days. In the black community. It stays there like two minutes.

[John Hope Bryant]

That's right. And now. And that's where the pit stop.

[Bobby Bones]

I, we, Ocho and I had a conversation. We'd have a conversation. The Ocho was like, yes, so. So, Doc, if I gave somebody, if I gave a person $380,000 and that's all the money I ever. They gave and they weren't working. What, they're 20 years old. Let's just say 25, 30. Would that money last them a lifetime?

[John Hope Bryant]

Won't last them six months. Look, it happens every day. It's called lawsuit settlements. It happens every day. You know, you go to urban radio station. Let's just have a real conversation. I mean, because Malcolm X said, we've been bamboozled. We've been tricked, we've been fooled, we've been hoodwinked. That applies to so much. President Bill Clinton once said, it's hard to get somebody to agree to the truth when the liars paying their paycheck. Here are the bookends. Usual two statements in bookends.

[Bobby Bones]

Hoodwink, bamboozled astray run amok.

[John Hope Bryant]

Yeah, the other comment. It's hard to get somebody to agree to the truth if a lie is paying the paycheck. Now in the middle is financial illiteracy. Now you go to an urban radio station focusing our community and listen to the ads. 80% of the ads are pimping law firms lawsuits. I mean, high interest rate. 30, you know, C paper mortgages. C paper auto loans is right there in broad daylight. I'm gonna go one step further. And we, so they get, they get these settlements slip and falls, whatever, you know, people running in front of cars and tripping. By the way, criminal AI is gonna make criminality really a bad business because these robotics, these cameras and artificial intelligence. You need to get a new gig. That, that, that day is soon. And I mean the next couple years over. But anyway, back to this point, you go to our neighborhood, you go to a place where we grew up, and here's what you see. The check casher next to a payday loan lender, extra rental owned store next to a title lender next to a liquor store, next to a pawn shop, fast food store, restaurant and a church down the street trying to make you feel a little bit better once a week. That's your neighborhood psychologist. That's your neighborhood strength. We, we don't want to admit we crazy. Oh, I can't go to a psychologist or a shrink. Somebody might think I'm crazy. If you black in America and don't think you're crazy. You're crazy. So we go there and hoop and holler. Used to, that's one of our problems. We don't go to church anymore. We don't have any spirituality anymore. That's a whole nother conversation. We've been really hoodwinked now because now we think money's God, we think materialism's God, we think some rappers got. Anyway, so now the one place you could go and hoop and holler, we don't go there anymore. That's so you don't go crazy. Now literally you're being pimped. A 500 credit score neighborhood. That all you see? The only place you see those places. Or is it a 500 credit score neighborhood by the way? Black and brown, urban, poor, white, rural. Now you go 15 minutes away in every city in America. I've mapped every zip code in America by credit scores. The Hope Financial Wellness Index. And go to my website and put, you put in your, put in your zip code, I'll tell you your credit score in your neighborhood. I'll tell you how you live it. You go 15 minutes away from that zip code and you're in a 700 credit score neighborhood. In Chicago, I think it's Lincoln something. And then 15 minutes from there I think it's Garfield park or something. 500 versus 700, 700 versus 500. You go, you know Atlanta is the same thing. Louisiana is the same thing everywhere. Wherever you are now. And that 7 de Crescore neighborhood. Two parent households, prime financing, 75% homeownership rate. Crime, almost non existent. Whole Foods, sit down restaurants, proper businesses, mainstream banks. Right 15 minutes away, a third world country. We think this is normal. This is why you cannot give somebody 350, $380,000 and think that they're forget a lifetime. It won't last them a year. I said six months. I'll be gracious. It won't last. If your outflow exceeds your inflow, then your overhead will be your downfall. I'm going to go one step further. We are brilliant. Black Americans are literally geniuses. We came here enslaved. My second great grandfather on my mother, my dad's side and my second great grandmother on my mother's side. Both slaves. My grandfather was a sharecropper. So I'm talking from the real place. We come from nothing. I come from the bottom quartile of poverty in Compton, in South Central to the top 1% in one lifetime. Because of what we're talking about and me understanding how this system actually works. Now we're brilliant and we're geniuses. Imagine what would have happened. Ocho Cinco. Imagine what would happen, Shannon, if we had a black Jewish business plan.

[Bobby Bones]

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[Matt Castle]

Hey, it's Bobby Bones. Join me and former NFL quarterback Matt Castle every Wednesday for our new podcast, Lots to say. With Bobby Bones and Matt Castle between us, we have over 17,500 passing yards, multiple New York Times bestsellers, and one mirrorball trophy from Dancing with the Star. So where else are you going to find a show with that much athleticism and football insight? Based in Nashville, we're more than just your basic NFL show. We talk sports, but we talk pop culture and music and a little bit everything. Because we got lots to say. I. I texted you, and you texted me back. Now, I don't know if you have the update, but, like, all the little thumbs up and heart and stuff, like, it's all colored. They changed it, and the heart's a little pink. It felt like I told you I loved you. I'm gonna be honest. It was a little pink.

[John Hope Bryant]

There was something sentimental when you. Like when you send it, it was like, do I send the heart now?

[Matt Castle]

I don't like the color of this.

[John Hope Bryant]

It's extremely pink.

[Matt Castle]

Listen to lots to say with Bobby Bones and Matt castle on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

[T-Mobile Representative]

What's going on, everybody? This is Justin Pennock from John Boy Media, the host of the Football Today podcast alongside Bobby Skinner and Chris Rose. We're rolling three times a week, on Mondays, on Wednesdays, on Fridays, breaking down everything you need to know about the NFL. We're talking about the MVP race. Is Josh Allen going to pull it out? Lamar Jackson? Can Saquon Barkley even break the rushing record? Can the Steelers keep up their momentum? We talk about everything. We break it down. Stats, analytics. And of course, Chris Rose is bringing his perspective on being a pro in the media world as well. Listen to Football Today on the iHeartRadio app, Apple Podcasts, or wherever you get your podcast and you will be glad you did. Hope you could join us for the postseason run.

[F]

It's Julie Stewart Banks. I'm doing a new podcast from iHeart Podcasts and the National Hockey League, and I'm paired up with one of my favorite players, the always quotable Nate Thompson.

[John Hope Bryant]

I wore nine NHL sweaters and I have story after story to share. And believe it or not, I have plenty to say, and not just about hockey.

[F]

Believe me, he does. Energy Line with Nate and JSB is the name of the podcast and it's going to be quite the ride. We're officially linemates, Nate. We're the Energy Line.

[John Hope Bryant]

We'll have plenty of folks join us, current players, some of my former teammates, hall of Famers, and wait to see some of the connections that Julie has. She has quite the Rolodex.

[F]

Okay. We'll lean into Nate's playing experience and tap into our interests away from hockey and try to do it. Energy Lines are supposed to do, provide an emotional boost. How do you feel about all that, Nate?

[Bobby Bones]

I'm vibing.

[John Hope Bryant]

Julie. I'm ready to roll.

[F]

Listen to Energy Line with Nate and jsb starting on February 4th on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

[John Hope Bryant]

Imagine if we didn't have a 40 home ownership. Go ahead, Shannon. What are you about to say?

[Bobby Bones]

I wanted to. I want you to explain what that means and what that actually.

[John Hope Bryant]

Yeah. Owning something versus talking about something. You know, poor people talk about other people, wealthy people talk about their ideas. Go to a barbershop. Go to a nail salon in black community. Go. I'm not talking about us. I'm helping her to help us. Listen to what we're talking about, we're talking about mostly other people. You go ahead. Go ahead, Chad. You want. You like channel Ultra Cinco, by the way.

[Ocho Cinco]

Now, it doesn't matter what you call me. I'm answer. I have a question. One of the things you just said, the others talk about their ideas and how they can work together when it comes to us. We have a problem working together because we don't want to see each other win. We're always in competition with each other. As opposed to other ethnicities, they're more so. Okay, if you had this idea, well, I'm going to pick you up. And then whoever's above him, well, I'm gonna pick you up. Where they always. They always work in unison. And a very small percentage of us want to see each other win or help us get to a level where we want to.

[John Hope Bryant]

All right?

[Ocho Cinco]

We want to see you win. You know what I want to see? I want to see Joe win, but I want to see him doing better than me.

[John Hope Bryant]

Would you like me to tell you why?

[Bobby Bones]

Why?

[John Hope Bryant]

Low self esteem. So check this out. If you're African American, by the way, there are only African American ghettos in America. There are places where Italians live, where Polish people live. There are places where Caribbean blacks live. There are places where black Africans live. There are places. I want to make sure I put black people in this. But there's only African American ghettos in America. Inner cities that are a magnet and a holding place for poverty. What does that relate to when we people say, oh, African Americans, y'all lazy, all not intelligent. Really? So you went 400 years ago, halfway around the world in an agricultural economy to go get dummies from Africa and brought them all the way across the world at incredible expense. And brought them to America because we're stupid. No, no, no, no, no. We were agricultural geniuses of the land. I'm coming to your point now, okay? They had this soil in the American south that was a gold mine. It produced crops that were incredible. Gold mines, cotton and tobacco. It's gold mines. In fact, Haiti was the wealthiest. The wealthiest outpost of France in the world was Haiti. And that's a whole nother story. We get to it before we end because that's the reason America exists, is Haiti. But let me come back to this for a minute. So now they bring us over here. Now guys as big as you and Shannon now, high self esteem, confidence. You're tribal leaders, your chieftains, they captured you, they brought you here. But they gotta beat the self esteem out of you, the first thing you gonna do is fight. You see your wife being abused, you see your children being sold off. I'm not trying to start a. Anybody get anybody worked up trying to explain to them how we get to this low self esteem. So they're abusing your wife, they're holding you down. It takes probably eight people to hold Shannon down. They're holding them down just until he stops fighting. Because that means he realized he cannot do anything to help his wife. They broke his spirit. They're not trying to break his body. They need his body. They're trying to break his spirit. We're not human beings having a spiritual experience. Were spiritual beings having a human experience. Energy matters. So now they sold your kids off in a different direction. So you don't have any hope for that. Most dangerous person in the world is a person with no hope. They now abused your wife. You can't do any protect her now. You just broke a broken man just the way they need you now. They put you to work building these crops, by the way, blacks and whites, poor blacks and whites were friends in the 1600s in America on a plantation. True fact again, some of this we want to go deep on. But to answer your question, they had to break your spirit. They had to keep you away from books. They had to not teach you financial literacy. They needed you to have confidence in taking dead soil and bringing it back to life. What were we experts at? Africa is hot. The soil dies all the time. We were geniuses of the land bringing it back to life. What's the largest untapped natural resource in the world today? To this day, it's Africa. That's what everybody needs. By the way, Africa is the future to American world demographics because the youngest people in the world are in Nigeria. Anyway, back to this story. So now you've got high confidence today. Let's fast forward now. African Americans, we're killing it in many sectors. We have incredible confidence because we're competent, but we have low self esteem. So if I don't like me, I'm not gonna like you. If I don't feel good about me, I'm not gonna feel good about you. If I don't respect me, don't expect me to respect you. If I don't love me, I don't have a clue how to love you. And here's the big one. If I don't have a purpose in my life, I'm gonna make your life a living hell. Because whatever goes around, comes around. And hurt people. Hurt people. There you go. With crab in the barrel. So now you have all these smart people who are hooked on cash, not building wealth. Hooked on giving it away versus collecting it, hooked on transactions versus relationships. Hooked on what I got to get versus what I have to give. Being told religion isn't important anymore. Forget about that in spirituality. Now the devil's got you. When? When you and Shannon get up in the morning and me, the devil says, oh, they're up. There's not enough of us. Because when you succeed, I love it. I applaud you. I don't have a self esteem problem. It's okay if you don't like me. I like me. So. So. But self esteem and arrogance are two different things. So what do we need? Five pillars of success. So my last book is Financial Literacy for All. It's the bestseller one. Before that was up from nothing. Before that, six of them. But this last, the one before that up from Nothing, had five pillars. As much education as you can shove down your throat. How do we reverse what we're talking about, Sickle? As much education you can shove down your throat. That's why you see books all around me in my office. I'm always reading. That's why. Again, Shannon. Nosy. You're nosy. I love it. Number two, Understanding how the language of money works. Financial literacy is as important as the right to vote. As a four year education. A 700 credit score is as important as a four year college degree. Yes, I said it. And everybody works for me as a college degree. And they better have a good credit score. Because you've never had a billionaire didn't do it on good debt. You never had a successful country or city that didn't do it on good debt. You cannot succeed unless you understand how the system works. And you need cheap access to good credit. Number three, you need self esteem and confidence. Number well. Number three, you need. We need family structure and resiliency. Number three. Number four, you need self esteem and confidence. We just covered that. Number five, you need role models in the right environment. So why do our kids want to be rap stars, athletes and drug dealers to the exclusion of everything else? Because that's all they see in our neighborhoods. It symbols of success. We're not dumb and we aren't stupid. We're brilliant. We're modeling what we see. Let's give the kids something different to see. Let's widen their aperture. Let's make smart sexy again. Let's make forget black lives matter. Let's make black capitalists matter. So that's why I Say a black Jewish business plan. Number one way you build wealth in America. Homeownership. What do we argue about endlessly? Because we 41, 42, 43% of black people own a home compared to 75% of our mainstream counterparts. Read white. The whole tax code in America is designed to support credit scores. I'm sorry, designed to support homeownership. But we want to argue about. John, you know, there's somebody probably in the chat right now who you talking about.

[Bobby Bones]

We don't own the home.

[John Hope Bryant]

The bank owns a home. If you don't pay. I mean, I can go with this all day. I like math because it doesn't have an opinion. But no one taught us this. I mean this is basic stuff. Three things have never gone down in value. Stock market value, real estate values and GDP of America. Gross domestic product in the history of America gone up. There was a recession and receded and corrected above the line every time.

[Bobby Bones]

But John, let me ask you this. But here's the thing though, John, you know, in order to really invest in a stock, you gotta have what we call disposable income. If you're using check if you live living, check to check if you gotta pay a mortgage or rent. If you gotta pay a car note and you gotta pay bills, that leaves you very little disposable income in order order to put into the market. So therefore there. Why like a lot of people that don't have disposable income, it's hard for them to accumulate. Forget generational wealth just enough that when they retire. Because I ain't really counting on, I ain't really counting on Medicaid and Medicare to take care of shelter. Sharp. So I, I'm just, I'm just like, hey, that's gonna be over with. But when you don't. So how would one that has very little or marginal disposable income accumulate something that when, when they retire they have something to have a nice little nest. Nest egg.

[John Hope Bryant]

So you got, you don't have a self esteem problem, Shannon? No.

[Bobby Bones]

Hell no. I love me.

[John Hope Bryant]

You won't, you won't have a problem with me when I say to you that what you just said is wrong.

[Bobby Bones]

Okay?

[John Hope Bryant]

Now when it comes to professional sports, the whole I gotta come to you and just shut up because I don't know, I have no clue.

[Bobby Bones]

Okay?

[John Hope Bryant]

But there's occasionally, occasionally I might have something that I can give to you. It was a beautiful setup. That is just incorrect. My mother worked 32, 32 years at McDonald Dillard's. Aircraft making 15 an hour. She died September last with a million dollar net worth. She had bought and sold seven homes. Her credit score like you was 854. I believe it was used to go over 850. It was 854. So when, so when, when some. Somebody watching this says, well, Shannon just made a great point. And he did make a great point. Here you go. I don't have any disposable income. You went to Starbucks last week smoking cigarettes. If you go to smart Starbucks three times a week and you just got a cigarette habit, that's $6,000 a year. You're making $36,000 a year. That's 20 of your income. I'll let that sink in for a minute. The cigarettes on the box says this will kill you. I don't know if I can say that on your pocket this stuff. Right. So stop smoking cigarettes and go get you a keurigee machine at home and make your own coffee. You've now just recaptured three grand. Two grand. Take that. Put it into. By the way. Don't even do that. Just do. Just stop doing silly stuff like going to a fast food restaurant every other night. Cook something at home. It won't by the way, might extend your life because you cannot have a soul food diet for the rest of your life and live to 80 years old. There are no 300 pound 80 year olds. And that's a design. A diet that was designed for slavery. Because they put. Anyway, back to this point. They was working it off.

[Bobby Bones]

Doc.

[John Hope Bryant]

Huh?

[Bobby Bones]

You could eat like, you could eat like that when you was in those fields working 14 hours a day.

[John Hope Bryant]

You had to. Because they threw the. They threw the worst parts of the animal out back as a disrespect to you. All you could do is turn it into a delicacy. Whole cake.

[Bobby Bones]

Yes.

[John Hope Bryant]

Grits, hog moths, pig feet, fried chicken.

[Bobby Bones]

Oxtail neck, dog oxtails.

[John Hope Bryant]

I love oxtails. And we put salt on all the meat so it didn't die in the heat.

[Bobby Bones]

Yes. You had to cure it.

[John Hope Bryant]

And salt preserves it.

[Bobby Bones]

You're absolutely right.

[John Hope Bryant]

Right. So I love soul food twice a month, not three times a day. That's why black folks are inflamed. We're not fat. We are inflamed. 75% of all disease. My wife changes. A wellness expert, she'll tell you 75% of all disease lives on inflammation. Inflammation. What is in it comes from bad environment, bad food. Back to this example. Let's assume that you don't have a. I'm about to Say crackhead, you don't.

[Bobby Bones]

Have a Starbucks or cigarette alcohol.

[John Hope Bryant]

Yeah. Assume you don't have that, you're just wasting a little bit of money. Take 25 that you were going to go spend on whatever and do fractional share investment.

[Bobby Bones]

Okay?

[John Hope Bryant]

You can buy a fraction of Warren Buffett's company, a 25 fraction of a share in Target, Tarjay, Walmart, you know, wherever you, whatever you're dressed in, whatever you like, go buy that and do whatever you can afford. $5, $10 one, you can do a dollar fractional share. Don't tell me what you cannot do. Earned. So somebody watching this, you better give somebody some money. Somebody watching this, I'm gonna say, you got a check coming to you because Ocho Cinco and Shannon Sharp, you gotta check 5, 6, 10,000, maybe $20,000. It's called the EITC. People say, what's that? The minute somebody in your chat says, what's that? Congratulations, you make less than $60,000 a year, which is half of this country. You just got a check from the federal government through Shannon Sharpe and Ocho Senko. It's called the EITC. If you make $38,000 a year, you live in a small town, you're listening to this podcast, you have three children, the government owes you a check for working. It's not a handout. For $7,500. About $7,700. If you've never filed, it's retroactive for three years. That's 20 grand. One out of four Americans who qualify for it, never even ask for it. That's $20 billion a year, Shannon. Wow, that's black people. To be real clear, that's us. We don't have a tax pro. We don't have anybody doing our taxes. So. So. And if you're renting for the same cost of a mortgage payment, you should be owning the house. Rent to own. You're, you're, you're, you're, you're paying money uptown with people who don't like you. With money. You don't have to buy something you can't afford to be in some place where people don't want you there in a, in a doorman, in a house that you're, That I own. I'm the landlord. I'm literally the landlord. I'm not. I was, I felt I'm the largest minority owner of single family rental homes in America. Well, I was, I built this company, Promise Homes Co. Owned 700 homes between here and Florida. I sold most of the company in 2021. And I did that over five years. And, and I encourage people not to rent from me, rent and get out, go buy a house. So it's a misnomer that you can't do this. Whether you believe you can or whether you believe you can't, you're right. Is the glass half full or is it half empty? Depends who's looking at the glass. One thing I know about you two, you're optimist over the round and do it, you're going to get to it, you're going to run over somebody to do it. Is that right?

[Bobby Bones]

Yeah.

[John Hope Bryant]

That's exactly what your listeners should be, should be doing. Never say never. Don't say, I can't do this. It's impossible because I'm making a little money. No, you got to have the right habits. Most of success is hustle and good habits and optimism. Money's overrated. I never focus on money. I got more than I need. I never focus on it. I focus on passion, purpose, authenticity, what I can, what I, what I, I'm. Anyway, I'm trying. Look, I can, I can move somebody's credit score listening to you, who's making $40,000 a year, I can turn into a homeowner in a year. I can get your credit score up in 54 points in six months through my whole financial coaching. I get your debt down $3800, your savings up $1200 in six to eight months. I'm doing it through. I have 1500 offices at operation Hope that do financial coaching for free inside of bank branches. So the bank then says yes to youth to become a homeowner. I'm not talking theory to you, brother. I've done four and a half billion dollars. I've invested four and a half billion dollars in the black and brown neighborhoods through Operation Hope with the exact stuff we're talking about. This is not theory, John.

[Bobby Bones]

If we want to get you out of here on this, what would be your one, what would be your one best piece of advice you could give our chat tonight?

[John Hope Bryant]

Get off your rear end and stop complaining, stop whining race, stop obsessing with stuff. It's like racism is like rain. It's either falling some place or it's gathering. So get out an umbrella and the color your life and start strolling through it because it's not going to change. It's been around since Jesus. It's not going to change. So you must get your head right, get your mind right, get your spirit right, get your Life, Right. Get out of your own way. Realize that you're God's child. No one has these fingerprints. They're completely unique, and they're yours. And you could be great. You can be Ochocinko and Shannon Sharp because they were once you. You can be John O'Brien, you can be Charlamagne, you can be who? You can be Stephen A. Smith, but there's no billionaire. There's no billionaire who's who. There's no entertainer or no sports figure who's a billionaire who didn't do it by cross without crossing over into business.

[Bobby Bones]

Yeah, he's the only one.

[John Hope Bryant]

You can't 100. You can't sell enough movie tickets or tick or. Or concert tickets or merchandise. You can't do it with the Ultra Cinco going back. Can't do it with that cash. Won't get there. You build wealth in your sleep. Stocks, bonds, home ownership, investments, businesses. One mbb at Operation Hope, we created a half a billion. Sorry, a half a million black businesses. Since George Floyd's murder, I'm committed to create a million Black businesses by 2030. This is a black Jewish business plan, Right? And there's only 3.1 million black businesses in America. We've already created 450,000 of them. Just under 500,000. That's 12%, give or take, of the national average. And I'm not going to stop because this is one of the ways that we can build wealth using our hustle or our talents. Don't just. Don't just stand on the mic. Own that damn thing. Don't rock the mic. Own the mic rental company. Own the stage rental company. Own the porta potties at the movie studio, in the video shoot, on the lighting system that gets rented. Nobody. These companies don't own that stuff. They rent that stuff. Be the rental company, the VIP bracelets, but own the company that prints those things and sell it to the nightclub. Stop being a fool. Going to the nightclubs made it 500 on a bottle of champagne that cost him 25. Be the company sells in the bottles. Don't go to the club. Own the club. I was with. I was with Mike Maples, who's one of the top 20 venture capitalists. I'm sorry, I'm passing. Am I talking too much?

[Bobby Bones]

No, go ahead, bro.

[Ocho Cinco]

Go ahead, go ahead, go ahead, go ahead.

[John Hope Bryant]

My mother. My mother always said, you know, I'll be the old guy in the club before y'all kick me out. I'm gonna leave, right? So this guy named Mike Maples, he's a big venture capitalist in Silicon Valley. I was talking to him one day. I said, mike, tell me about your family. Oh, just normal family, Mike. I didn't ask you that, actually. Tell me about your family. Well, my dad worked for Microsoft. Okay. What are you doing, Michael? Oh, he worked for Bill Gates. Look, technically, everybody works for Bill Gates.

[Matt Castle]

Hey, it's Bobby Bones. Join me and former NFL quarterback Matt Castle every Wednesday for our new podcast, Lots to say with Bobby Bones and Matt Castle. Between us, we have over 17,500 passing yards, multiple New York Times bestsellers, and one mirror ball trophy for from Dancing with the Star. So where else you gonna find a show with that much athleticism and football insight? Based in Nashville, we're more than just your basic NFL show. We talk sports, but we talk pop culture and music and a little bit everything, because we got lots to say. I. I texted you and you texted me back. Now, I don't know if you have the update, but, like, all the little thumbs up and heart and stuff, like, it's all colored. They changed it and the heart's a little pink. It felt like I told you I loved you. I'm gonna be honest. It was a little pink.

[John Hope Bryant]

There was something sentimental when you. When you send it. It was like, do I send the heart now?

[Matt Castle]

I don't like the color edition.

[John Hope Bryant]

It's extremely pink.

[Matt Castle]

Listen to Lots to say with Bobby Bones and Matt Castle on the iHeartRadio app, Apple Podcast, or wherever you get your podcasts.

[T-Mobile Representative]

What's going on, everybody? This is Justin Pennock from John Boy Media, the host of the Football Today podcast alongside Bobby Skinner and Chris Rose. We're rolling three times a week, on Mondays, on Wednesdays, on Fridays, breaking down everything you need to know about the NFL. We're talking about the MVP race. Is Josh Allen going to pull it out? Lamar Jackson. Can Saquon Barkley even break the rushing record? Can the Steelers keep up their momentum? We talk about everything. We break it down. Stats, analytics. And of course, Chris Rose is bringing his perspective on being a pro in the media world as well. Listen to football Today on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts, and you will be glad you did. Hope you could join us for the postseason run.

[F]

It's Julie Stewart Banks. I'm doing a new podcast from iHeart Podcasts and the National Hockey League, and I'm paired up with one of my favorite players, the always quotable Nate Thompson.

[John Hope Bryant]

I wore nine NHL sweaters, and I have story after story to Share. And believe it or not, I have plenty to say. And not just about hockey.

[F]

Believe me, he does. Energy Line with Nate and JSB is the name of the podcast, and it's going to be quite the ride. We're officially linemates, Nate. We're the Energy Line.

[John Hope Bryant]

We'll have plenty of folks join us, current players, some of my former teammates, hall of Famers, and wait to see some of the connections that Julie has. She has quite the Rolodex.

[F]

Okay. We'll lean into Nate's playing experience and tap into our interests away from hockey and try to do what energy lines are supposed to do, provide an emotional boost. How do you feel about all that, Nate?

[John Hope Bryant]

I'm vibing, Julie. I'm ready to roll.

[F]

Listen to Energy Line with Nate and jsb starting on February 4th on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

[John Hope Bryant]

Jon Stewart is back at the Daily show, and he's bringing his signature wit and insight straight to your ears with.

[Bobby Bones]

The Daily Show Ears Edition podcast.

[John Hope Bryant]

Dive into John's unique take on the biggest topics in politics, entertainment, sports, and more. Joined by the sharp voices of the show's correspondents and contributors, and with extended interviews and exclusive weekly headline roundups, this podcast gives you content you won't find anywhere else. Ready to laugh and stay informed. Listen on the iHeartRadio app, Apple Podcasts.

[Bobby Bones]

Or wherever you get your podcasts.

[John Hope Bryant]

Hey, what did he do? By the way, we need a black Bill Gates as much as we need a black president, by the way, because that will create more. That will create other billionaires, other centimillionaires, 100 million other multi millionaires who then create philanthropy in their neighborhoods, who hire people who look like them, mentor people, look like them. The cascade effect of that would be incredible. Back to this example. So I said, I work for Mike, for. For Bill Gates, okay? I asked him 14 questions. He finally said, well, he was the president of. Of software. I said, hold on, slow down. Did you just say your dad was in presence, was the president of software at Microsoft. So he really did work for Bill Gates.

[Bobby Bones]

Yeah.

[John Hope Bryant]

I said, you said your normal. Your life was normal. Tell me more. Tell me about your first business. Well, you know, my dad, I started this little business. I forget what it was. You know, whatever newspaper business, whatever it was, I forget it was. But he was 12 years old and he made this the biggest business in his neighborhood. And he went to his dad one day. Here's the point. He said, dad, I'm so excited. I have Made this the biggest business in our neighborhood. I'm a sell this business to Disney. Mindset is Mike Mabel Sr. Said, I'm ashamed of you, son. We don't think like that in this household. I raised you better than that. I'm sitting there scratching my head, going, wait a minute. The kid just said, I'm a businessman. I'm gonna sell my business now to Disney. He said, no, no, no. In this household, we don't build a business and sell it to Disney. We built a business to buy Disney. Wow. Drop the mic. What is Mike Maples doing today? Buying businesses? You model what you see. So we need to. We need to become what we want to see. Look, anybody out there saying, let's just give it away, Even if you want to distribute money like a socialist, you got to first collect it like a capitalist. So anybody out there who has a problem with what we've been saying this last hour, let me say this to you. You try government, charity, you tried social justice, you tried guilt, you tried whatever you tried. We've tried a bunch of stuff. It ain't worked. Why don't you try capitalism? Hello. It seems to work for everybody else. Everybody who's tried to use free enterprise and capitalism to set themselves free has succeeded. We're brilliant. Why can't we do it? We can. We just have never tried it. That's what I'm teaching at scale. That's what you're doing. I listen to you. You did a whole thing where you're talking about credit scores. I mean, I remember you said 800. Do you don't now everybody thinking, well, if I want to be like Shannon, I need an 800 credit score. Ocho Cinco be dropping. Be dropping some gems. And you guys, you be weaving knowledge. Charlemagne is very good at this. Weaving knowledge and education into the entertainment. That's what we need at scale. We gotta make this mainstream right now.

[Bobby Bones]

John, I appreciate you joining us tonight. That's what we're gonna do from time to time. Our job here at Club at Nightcap is to not only entertain. That's what we do. We inform people about what transpired in the. In the game and so forth and so on. But we also like to educate people. We like people because we want to see our people succeed. And what better way to do it is that people that's been successful, sometimes they get. We get redundant here from Ocho and I. And sometimes we need to bring a new voice in, someone that succeeded on a grander scale, that can speak to things that Ocho And I, we need help understanding and talking about. So for you to come on tonight and educate our group, our chat, we greatly, greatly appreciate that.

[John Hope Bryant]

Well, let me say this. I think you're brilliant. I think what you've done here is brilliant. I think that you guys are a great partnership. You play very well on each other and I think it's very elegantly done. And I love seeing you shine. I love seeing you succeed. And other people I know, Bishop T.D. jakes and Charlamagne and Stephen A. Smith, they're all rooting for you. Isn't that beautiful thing? A black man loving on another black man and completely straight. So your audience, I want you to hear now, this last thing. Anybody. All of the folks who want to be ball players and football, God bless you. Fantastic. No problem with it. But 70 of all those in the NBA, 70 of all those in professional football, bankrupt five years after retirement.

[Ocho Cinco]

Two.

[John Hope Bryant]

Two years. Thank you, Ocho. You would know better than me. I would be conservative. And by the way. And then your wife leaves you.

[Bobby Bones]

Yeah.

[John Hope Bryant]

So this is if, if your outflow exceeds your inflow, then your over here is going to be your downfall. If you've made all this money your whole life and you're now using people fettering you, protecting you, serving you, giving you a paycheck, right? And then the paycheck stops. But your lifestyle is at a point where the bills keep coming and everybody else around you expects you to fund their lifestyle. And you're not doing them a favor, by the way, all this posse that you're funding, you're not doing them a favor because they can't take care of themselves. You need people to be self reliant, give them a hand up, not a hand out. And then when they, when you need help, they can't come to help you.

[Bobby Bones]

Correct.

[John Hope Bryant]

Because you're the source. So we've got to get our mind right. Because even when those who are succeeding at the top of their game aren't using an opportunity to turn an income into wealth that pays you when you sleep. So you can be Reggie Jackson, you can be Magic Johnson, you'd be Michael Jordan, you can be Shannon Sharp. There's a, you know, there's a whole list of the folks who've actually done this. Right.

[Bobby Bones]

Hey, John, I need a couple of those cars that Reggie got. You know Reggie, Reggie's balling, man. He's one. John, thank you so much. I really appreciate that, man. I'll be in touch with you. You know, you and I, we talk, we're gonna get Together and do the have a chew the fat, sit down and do some business together, bro. I really appreciate what you're doing for our community and, and part. And partake in wisdom on our chat tonight. So I greatly appreciate that man.

[John Hope Bryant]

My pleasure. Send you love and light, everybody. Go out and get financial literacy for all. It's my newest book, peace and light and go get it. Go get operational counseling. I'm giving you a thousand dollar free scholarships to go to operation. I'll get a year's worth of coaching and counseling. So don't say that Shannon didn't do anything for you. Shannon and ultra single.

[Ocho Cinco]

Thank you boss.

[Bobby Bones]

Thank you. Appreciate that. That was John Hope Bryant. He's brilliant, Ocho. I mean the way he can lay out, the way he can explain it to you the what you should buy and that's what you have to do. You know, people like, well, I ain't got no money. It's funny, you ain't got no money, but you got money to stop by Starbucks, drive through every day and buy a five dollar to a seven dollar latte.

[John Hope Bryant]

Yeah. And you got money to do that.

[Bobby Bones]

You got money, you got money to go on all these vacations. I've never understood borrowing money to go on a vacation. I never understood that, Ocho. Maybe that's just me. I'm not gonna go if I can't go and pay for it. I'm not gonna go into debt to do it.

[John Hope Bryant]

Yeah.

[Ocho Cinco]

And you know one of the things I've always had you noticed, I know you always talk about you don't go on vacation, but I also don't go on vacation until I put in some type of work. I see people listen. There's nothing wrong with that. There's nothing wrong with that. Just my mindset is a little different unless I. When I think about going on vacation. Vacation. To me the reason for going on vacation is because I put in a certain amount of work and the body needs to reset. I need to. They have a, a mental lapse of just of calmness and peace.

[Bobby Bones]

Yes.

[Ocho Cinco]

I just go on a vacation just to be going on vacation. Just take pictures and have fun. I never saw the point in that. But Ocho, that is me personally.

[Bobby Bones]

Can I ask you a question? How can I go on vacation? And I'm worried the whole time, how the hell am I gonna pay for this? That ain't no, that ain't no peace, Ocho. I mean I've got to get away. Like I ain't got a worry in the world. I know when I get back, I still got, I got my mortgage gonna be paid, the car payment gonna be paid, X amount of money going to savings, yada, yada, yada. I don't have to worry about paying for this vacation. If I'm on the vacation and I'm like, oh, Lord have mercy, I sure probably shouldn't have come. And I hear people say, oh, I don't know how I'll pay for this. But I worry about that later. Huh?

[Ocho Cinco]

Yeah.

[Bobby Bones]

You think that that charge is gonna magically disappear on your credit card and they charge you. I don't know what credit card rate is because I pay all my. Probably what, what's credit card rate? 15, 20%. And you pay, you got a five thousand, ten thousand dollar credit card and you send in two hundred a month, what the hell you gonna do? Your kid, somebody else gonna be paying that off.

[Ocho Cinco]

It all starts with one of the key things that he did say that I always talk about. I mean those that have followed me throughout the years, I always talk about financial literacy and have it having a discipline. If you don't have discipline, it doesn't matter what amount of money they give you, you're gonna run through.

[Bobby Bones]

It's gonna be gone.

[Ocho Cinco]

You're gonna run through it. That's why when that argument on Twitter happens every, every so often when people talk about credit score and a certain amount of money, and I see all the Twitter go with, oh, I want this amount of money because where it is, I'm just gonna pay it off and then I'm flip it and I'm gonna do this. They got all these ideas, not really understanding that's not how it works.

[Bobby Bones]

Ocho, remember I told you the story? I was in the NFL and my credit was so bad I couldn't get a car.

[Ocho Cinco]

Oh, yeah, yeah, yeah, yeah, yeah, yeah, yeah.

[Bobby Bones]

Prime example, I couldn't get a car. And so I mean now if you got, if you want to pay cash from everything, they're graciously accepted. But now if I got that kind of cash, I'm gonna put it away. I want to put a large portion of it weight and let it work for me because I know I'm gonna get somewhere between 4 and 8%. Yeah, I ain't trying to, I ain't trying to pay no car. I ain't trying to put $200,000, pay a car for $200,000 or have a car cost 30,000, 40,000 or pay or I want to get a house and I gotta pay for the whole house, pay it off. Or I have to get some. Nah, hell no. No, that's just me. But, John, we really appreciate you. Hopefully chat. You enjoyed that conversation about how to, you know, financial. Be financially and fiscally responsible, because at the end of the day, ain't nobody coming to save you. Oh, now, you. You can hope. You can hope. And we not. We're not doing political. Hey, I've made peace with the decision that the American public made on November. That second. That second Tuesday in November. I've made peace with that. I ain't. But I ain't gonna work my nerves up. These four years gonna go by the breeze just like the last four years and the four years before that. So y'all can get all upset and talk about, oh, I don't know what I'm gonna do. I don't. I know what I'm do. I'm gonna keep my head down, I'm gonna keep my ears closed, and I'm gonna go to work.

[Ocho Cinco]

Singular.

[Bobby Bones]

That's what I'm gonna do. Now, I don't know what y'all gonna do, but I'm gonna tell you what Shannon Sharp's gonna do. That's what I'm gonna do. And when these four years is up, I'm gonna look up. There's gonna be somebody come in, make a whole lot of promises, and they don't deliver. Some people are going to get delivered. That's going to get delivered on, and some people are not. But y'all keep worrying about this. I ain't worried about it. I can't. I can't. I can't work my nerves up. I've made peace with it, Ocho. I think they should also. Ojo. The Eagles are selling snow from their playoff win. They box it up to snow, right? Put it in. I mean, they put in a little container, and you can buy it. I think it's 999, 799. Is that too much, Ocho?

[Ocho Cinco]

Yeah, that's. That's too much. That's too much. Because you listen, for one, the fans, Philadelphia, the culture in general, they should be used to winning by now. They should be used to winning by now. We're having the snow, and there's no point because. Yeah, being contention every year, you're gonna be tension every year. Jeffrey Lurie and everyone else who is responsible putting that team together, they're always going to be in contention because those that are at the top know what the hell they're goddamn doing.

[Bobby Bones]

Oh, oh. They're selling it for $50.

[John Hope Bryant]

The snow. 50.

[Bobby Bones]

50 bucks.

[Ocho Cinco]

No, man. I mean, it's cool, but there's no point. There's no point. Y'all gonna be back in the NFC championship again. Depending on the color jersey we wore, you know, I would change my chin strap. Huh? I have a black chin strap. Sometimes I have an orange chin strap, and I will wear the orange shoes. You once remember, everybody's shoes had to match. Even back then, everybody had.

[Bobby Bones]

Oh, yeah.

[Ocho Cinco]

Same color scheme. So I would.

[Bobby Bones]

I would.

[Ocho Cinco]

I would take the fine. I would take the fine. And then it got to a point, like year six or seven, they would call down to David Fulton. Remember David Fulter?

[Bobby Bones]

Yeah, no, fool. Yeah, I played against him. He 33 with the Bengals. Yeah, I played against.

[Ocho Cinco]

Who was our. What do you call the guy that comes out and.

[Bobby Bones]

And he was the. What they call uniform guy. Uniform guy.

[John Hope Bryant]

So listen.

[Ocho Cinco]

He would tell me during pregame. He say, listen, o show now.

[Bobby Bones]

You know, they looking at you.

[Ocho Cinco]

They looking at you. Not supposed to have that. You know, I take the towel. I take the stream. I cut the towel and had a long stream hanging. He said, that's not. That's not NFL issue. They gonna get you for that streamer. I say, folks, man, y'all make. Might as well go ahead and find me now, because I'm gonna wear this towel and these orange fleeces. Orange chin strap. I'm gonna wear that, too, man. It got to the point in year six or seven, they were. The league office would call in the middle of the game and say, I will be removed from the game unless I take those shoes off. Unless I take the stream off.

[Bobby Bones]

They sure would, right, Chance?

[Ocho Cinco]

I'm like, what the hell?

[Bobby Bones]

Yeah, this is what. Oh, yeah.

[John Hope Bryant]

This is what we got to.

[Bobby Bones]

Oh, yeah. They made me ocho because I had a patent leather shoes. So the shoes was like white, blue, and orange. Where you. Two colors. You can only have two colors. So they made me cover up one of the colors. So you can cover. I don't care what color it is, but you're gonna cover up one of them. I'm like, I just want to know what is the. What is. I say the shoe. I say, everything matches. Y'all make it seem like I got. I got on a blue and orange uniform and I got on a red pair of cleats or something. I said, come on, guys. It's like, hey, sharp. I don't make the rules. I just work here. And I used to have a. I have a blue chair. I had a blue chair strap. So that rule was implemented after I left Ocho because I had a blue. A blue chest strap basically my entire career. And if you go back and look my chin strap, I never buttoned my full chin strap. It was never.

[Ocho Cinco]

I always kept mine hanging on the right one. Hanging. I listen. I saw prime do it. So I would. I did it on offer. That's why my helmet always flying off. I never. I never buttoned the last one.

[Bobby Bones]

Both of mine was hanging. They're like, button that chin strap. I was like, no, something bad gonna happen. I button this transcribe something bad gonna happen. I'm gonna swing on you Official Famous Smoke has been dominating the cigar game since 1939 with the best prices on the best cigars. Need a smoke for the big game or a big win? Famous has you covered. Head to famoussmoke.com with promo code NIGHTCAP to score 20 off your order of 99 or more. Million of cigars are in stock and ready to ship, all stored in the massive humidor and guaranteed fresh. Trust the name that's been in the game for 85 years. Go to famous smoke.com use code nightcap under age sale prohibited. Website restricted to age 21 plus tobacco consumers.

[Matt Castle]

Hey, it's Bobby Bones. Join me and former NFL quarterback Matt Castle every Wednesday for our new podcast, Lots to say with Bobby Bones and Matt Castle. Between us, we have over 17,500 passing yards, multiple New York Times bestsellers, and one mirror ball trophy from Dancing with a Star. So where else you gonna find a show with that much athleticism and football insight? We talk sports, but we talk pop culture and music and a little bit of everything. Listen to Lots to say with Bobby Bones and Matt castle on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

[John Hope Bryant]

I'm so sick of hearing men talk about women's basketball. This is Lexi Brown and Mariah Rose, and we've got a new podcast, Full Circle. Every Wednesday, we're catching you up on what's going on in women's basketball. We've got you with analysis inside, inside stories and a little bit of tea. Full circle is an iHeart women's sports production in partnership with Deep Blue Sports and Entertainment. Listen to Full circle on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Presented by Elf Beauty, founding partner of iHeart Women's Sports. Hey, it's Alec Baldwin. This past season on my podcast, here's the thing, I spoke with more actors, musicians, policymakers, and so many other fascinating people like writer and actor Dan Aykroyd I love writing more than anything. You're left alone, you know, you do three hours in the morning, you write three hours in the afternoon. Go pick up a kid from school and write at night. And after nine hours, you come out with seven pages and then you're moving on. Listen to here's the thing on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.