Podcast
Melanin Money Show
Hosted by Melanin Money Media · EN
The Melanin Money Show is the official destination for aspiring Melanin Millionaires. You’ll learn Entrepreneurship, Wealth building and Personal Finance insights to take your money and life to the next level.
27episodes
Episodes
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If You Listen To Bad Money Advice, The Future You Pays! | Episode 254
1w ago00:23:12Tap to summarizeGet Your Tickets To Wealth Weekend 2026 Here : http://wealthweekend2026.com/?el=yt_mms60326&utm_source=yt&utm_medium=chrisjcksonLet's break down the most costly retirement and tax mistakes people are making right now — including one financial advisor who told a client two years from retirement to withdraw $900K from her IRA and dump it all into an annuity. That one recommendation would have triggered a $400K+ tax bill before she saw a single dollar of guaranteed income. We break down exactly why that advice was dead wrong and what she should have done instead.We also cover:— Whether you can contribute to a backdoor Roth IRA if you already have a Roth 401K with your employer— The difference between a self-directed IRA and a regular IRA and which one is right for you as you approach retirement— S Corp vs C Corp — which entity structure saves you more when your business is generating millions in profit— The CPA mistake that could cost you an entire year of S Corp tax savings without you even knowing— Why going 1099 instead of W2 might actually be the smartest retirement move you haven't considered yetWhether you're trying to protect your retirement savings, reduce your tax bill, or just make sure your money is working as hard as you are — this episode is exactly what you need to hear before you make another financial move.Follow us for more valuehttps://www.instagram.com/cofield_advisor/?hl=enhttps://www.instagram.com/georgeacheampongjr/?hl=en
Transcribe →Your Job Will Never Make You Wealthy - Until You Do This! | Episode 253
2w ago00:37:33Tap to summarizeMost people are one wake-up call away from building real wealth in the stock market — they just haven't had theirs yet. In this episode, filmed live at the New York Stock Exchange, we sat down with Chris, a 6-year trading veteran who spent 15 years grinding through corporate America before discovering the stock market changed everything.Chris went from making $11/hour at Citibank with a $6 raise over nine years, to trading his way to $84,000 in a single day. This conversation is raw, real, and packed with lessons you won't hear from most finance influencers — including how he almost blew up his account chasing AMD, why he compares his trading strategy to a relationship, and the powerful moment his wife's car title became the turning point that changed his family's financial future forever.Whether you're brand new to investing, curious about options trading and technical analysis, or trying to figure out how to make your money work harder than you work for it — this episode is for you.Timecodes :00:00 — Build Wealth While Clocking In01:02 — Welcome to the NYSE | Meet Chris Jackson03:23 — Nine Years. Six Dollar Raise. He Snapped06:00 — How Corporate America Keeps You Broke08:03 — The Car Title That Changed Everything11:11 — A Wine Tasting That Sparked His Trading Career14:50 — The Strategy That Makes Trading Make Sense21:33 — Behind the Numbers | His $84K Day24:27 — The $5K Loss That Woke Him Up26:24 — Why Faith and Finances Are Connected33:07 — How He's Teaching Others to Trade Free34:55 — What It Means to Be a Melanin MillionaireFollow us for more valuehttps://www.instagram.com/cofield_advisor/?hl=enhttps://www.instagram.com/georgeacheampongjr/?hl=en
Transcribe →You Selling Your Stocks Is Actually the Wrong Move! ( DO THIS INSTEAD) | Episode 252
3w ago00:18:22Tap to summarizeGet Your Tickets To Wealth Weekend 2026 Here : http://wealthweekend2026.com/?el=yt_mms60326&utm_source=yt&utm_medium=mms60326The stock market just exposed millions of investors — and most don't even know it yet!Whether you're just getting started or you've been investing for years, these five mistakes will cost you significantly if you keep making them — and knowing them now could change the trajectory of your entire financial future!Timecodes:00:00 – Stop Selling Gains!01:28 – Stop Timing The Market03:15 – Carter's Palantir Story (Real Talk)04:36 – Missing 10 Days Cuts Returns 50%05:18 – Base Hits Build Wealth07:28 – Stop Chasing The Next Hot Stock09:06 – Dollar Cost Averaging Wins11:06 – Diversification Saves Portfolios12:46 – The Quote That Changes Everything14:10 – Borrow Don't Sell15:24 – Keep Your Portfolio AND Buy More17:14 – Flip These Mistakes Into StrategiesFollow us for more valuehttps://www.instagram.com/cofield_advisor/?hl=enhttps://www.instagram.com/georgeacheampongjr/?hl=en
Transcribe →If You Don't Have Wealth by 2030, It May Be Too Late! | Episode 251
May 2800:52:21Tap to summarizehttps://www.joinwealthworkshop.com/register?el=videocrissain&utm_source=direct_to_ticket&utm_medium=ytIf you're not actively building wealth right now, the window to do it may be closing faster than you think. With AI eliminating millions of jobs, the cost of living skyrocketing, and the wealth gap widening every single year — the next five years will determine your financial future for the rest of your life. We sit down with Xavier Miller — Air Force veteran, real estate investor, digital asset investor, and founder of the Millionaire Mindset Podcast with over 10 million downloads — to break down exactly what it takes to go from a broke mindset to a millionaire mindset, why 2030 is the deadline you need to take seriously, and the specific moves you need to make right now to protect your financial future.Timecodes: [0:00] Intro – Xavier Miller [1:51] Broke Mindset vs. Millionaire Mindset [3:01] How to Maintain Desire When Life Hits [4:09] Discipline Your Environment [7:30] How the Military Forced Xavier's Wake-Up Call [9:24] The Moment He Decided to Change [10:29] How to Bring Future Pain Into the Present [13:22] Why Most People Start Too Late [15:01] Write Your Will — The Exercise That Humbles You [18:32] It's Never Been Easier to Make Money or Do Nothing [19:44] Why Getting Wealthy Is About to Get Much Harder [22:05] The Mouse, the Cheese & the Cat (Why Fear Motivates) [25:29] Where to Start If You Feel Overwhelmed [29:52] Crypto vs. Real Estate — Xavier's Bet [34:39] Why Black People Can't Afford to Wait [39:23] Top Traits of Ultra-Successful People [44:04] You Cannot Be Soft in Business [46:23] Tough Conversations Make You Richer [50:09] What Being a Melanin Millionaire MeansFollow us for more valuehttps://www.instagram.com/cofield_advisor/?hl=enhttps://www.instagram.com/georgeacheampongjr/?hl=en
Transcribe →What To Do With Your First Six Figures (Before You Blow It) | Episode 250
May 2000:23:16Tap to summarizeJoin us for the 5-Day Wealth Workshop and learn how to apply what you’ve heard on the show.Sign up here ⬇️https://www.joinwealthworkshop.com/register?el=videocrissain&utm_source=direct_to_ticket&utm_medium=ytYou finally crossed six figures — now what? In this episode of the Melanin Money Show, wealth manager George Acheampong and financial strategist Carter Cofield go head to head in a versus format, answering your most pressing money questions live.They break down the exact financial moves you should make once you hit six figures, why having $275,000 sitting in a bank account is actually a risky move, and the real difference between an S Corp and a C Corp for business owners doing a million dollars in revenue.They also tackle RSUs and what to do before they vest, whether a revocable trust actually protects your business, and the W2 versus 1099 debate that every high earner needs to understand before making the switch.
Transcribe →Every Black Family Should Know This About Protecting Their Money | Episode 249
May 1500:41:53Tap to summarizeJoin us for the 5-Day Wealth Workshop and learn how to apply what you’ve heard on the show.Sign up here ⬇️https://www.joinwealthworkshop.com/register?el=videocrissain&utm_source=direct_to_ticket&utm_medium=ytMost people spend their entire lives building wealth. Almost nobody learns how to protect it.In this episode of the Melanin Money Show, live from the New York Stock Exchange, we sit down with Chanise Anderson— wealth attorney and asset protection strategist — to have the conversation most Black families never get access to.We're talking trusts, LLCs, holding companies, estate planning, and the legal infrastructure that separates families who build generational wealth from families who lose it all by the third generation! Timecodes:00:00 — Why We Skip Estate Planning03:45 — Build Wealth Like Legos08:20 — The $250,000 Avoidable Mistake14:10 — What's Inside a Real Estate Plan19:30 — Advanced Trusts for High Earners25:15 — When You Die: Your Business31:40 — Holding Company vs Parent Company37:00 — The LLC That Actually Protects43:20 — Your Home and Taxes Truth48:45 — Who Needs Offshore Strategies54:10 — Fund Your Trust Correctly59:30 — Wealth That Lasts 6 Generations1:05:00 — Hire Your Kids Legally1:10:20 — What Your Kids Must KnowFollow us for more valuehttps://www.instagram.com/cofield_advisor/?hl=enhttps://www.instagram.com/georgeacheampongjr/?hl=en
Transcribe →Borrow & NEVER PAY TAXES! | Episode 248
May 600:27:57Tap to summarizeJoin us for the 5-Day Wealth Workshop and learn how to apply what you’ve heard on the show.Sign up here ⬇️https://www.joinwealthworkshop.com/register?el=video1032626&utm_source=direct_to_ticket&utm_medium=audio248How does the buy, borrow, die strategy actually work for someone making six figures? Should you split your 401k contributions between Roth and Traditional — and by how much? On Part 2 of Ask an Advisor, Carter and George answer the real investing questions their workshop clients and wealth weekend attendees have been asking. No fluff. No oversimplification. Just expert-level answers in real time from two advisors who work with these strategies every single day.This episode covers the buy, borrow, die strategy, brokerage account borrowing, the Roth vs Traditional 401k split, real estate vs REITs, and a masterclass on your four options for rolling over an old employer 401k. If you've ever had money sitting in an old retirement account and had no idea what to do with it — this episode is the one!
Transcribe →Most People Want To Retire Early- This Is How You Do It | Episode 247
Apr 3000:38:44Tap to summarizeMost people say they want to retire early — but they're not making the decisions that get them there. In this episode, George sits down with Chris Sain, one of the fastest-growing finance creators in the game, live at the New York Stock Exchange. Chris breaks down exactly how he and his wife retired in their 40s on less than $100K combined income, built a 50,000-member investing community, and generated millions without running a single ad.This conversation goes deep on the mindset shifts, money moves, and wealth-building strategies that most people overlook — including how to pick winning stocks before Wall Street catches on, why who you marry determines your net worth, and what it really takes to go from saving $13,000 a year to full financial freedom.In this episode you'll learn:The exact savings and investing framework Chris used to retire earlyWhy your spouse is your most important financial decisionHow Chris identified Palantir at $8 before it hit $220The difference between investing and trading — and which one to start withWhy the riskiest financial move is not being in the market at allHow NIL money is creating a financial literacy crisis for young athletesThe technical analysis strategy Chris uses inside the Quiet Wealth ClubWhat it means to build generational wealth starting at birthConnect with Chris Sain: Quiet Wealth Club on Patreon | YouTube: @ChrisSainConnect with Melanin Money: Website: melaninmoney.com | Instagram: @melaninmoney | YouTube: @melaninmoney#MelaninMoney #ChrisSain #EarlyRetirement #WealthBuilding #StockMarket #BlackWealth #FinancialFreedom #Investing #QuietWealthClub #GenerationalWealth #PersonalFinance #FIRE #BlackEntrepreneurs #WallStreet #MoneyMindset
Transcribe →You're Tipping the IRS Every Year and Don't Even Know It! | Episode 246
Apr 2300:22:30Tap to summarizeYour CPA might be costing you thousands — and you don't even know it. In this episode of the Melanin Money Show, Carter and George answer the real questions their top clients are asking, live and unfiltered.From the $21,420 difference between an LLC and an S Corp, to why putting your rental property in an S Corp could cost your family $180,000 — this is the tax advice most people never get access to.Plus: the art donation strategy billionaires use, how donor-advised funds let you give smart and save big, and why filing a tax extension might be the best financial move you make this year.In this episode:S Corp vs LLC — the real tax difference nobody talks aboutWhy your real estate should NEVER be in an S CorpHow to use a tax extension to max out retirement accountsDonor-advised funds explained (and why they beat regular giving)The art donation strategy used by billionairesPrivate family foundations — what they are and who they're forStop tipping the IRS — invest it, give it, or keep itJoin our free 5-Day Wealth Workshop:TimecodesFollow us for more valuehttps://www.instagram.com/cofield_advisor/?hl=enhttps://www.instagram.com/georgeacheampongjr/?hl=en
Transcribe →The Dark Side of Business Partnerships Nobody Talks About! | Episode 245
Apr 1600:33:46Tap to summarizeMost business partnerships fail before they even start! The arguments, the blind spots, the ego checks, the silent pressure, and the moments where the wrong word could have broken everything. If you're thinking about going into business with somebody — a friend, a family member, a colleague — do not make that move until you watch this episode.💬 "You can have 100% of a small pie or 10% of a watermelon. One of them will keep you hungry." — GeorgeBeing a solo entrepreneur has a ceiling. The right partner breaks through it. The wrong one brings the whole ceiling down on top of you. 💪🏾Follow us for more value:https://www.instagram.com/cofield_advisor/?hl=enhttps://www.instagram.com/georgeacheampongjr/?hl=en
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