Happy Brown Ambition Wednesday!
Today on the show, we share some messages from our listeners on Twitter and the ‘gram. Hit us up @theBApodcastor @brownambitionpodcast to share your thoughts on this week’s episode, give us a shoutout or ask a question.
One of our listeners has a question about a credit card she realizes might not have been the best choice for her…and yikes. It definitely makes our list of our least favorite credit cards. As mentioned on the show, check out this guide to the Best Credit Cards and the Best Credit Cards for Students, each curated by the team at MagnifyMoney.
Also on the show today:
- Options for financing a home improvement project
- Socially responsible investing tips
- The awful news that Kate Spade committed suicide rocked us both and reminded us of the importance of leaning on others when we are facing hard times and prioritizing our mental health. The National Suicide Hotline is 1-800-273-8255. As mentioned, here’s the spreadsheet Tiffany’s Dream Catchers Facebook group has crowdsourced with therapists across the country.
Happy Brown Ambition Wednesday! We are BACK with an amazing guest on today’s show — Gayle Jennings-O’Byrne, founder and CEO of iNTENT Manifesto, a new movement aimed at helping women of color-led startups find investors for their businesses.
“I had to set my own rules. I remember when I told people I want to unlock $1 billion for black women and women of color. People looked at me like I was crazy but they said OK what do I need to do to help you? ”
We talk to Gayle about why she left her 17-year career at JP Morgan Chase after a health scare to launch iNTENT and what resources are out there for women looking to start businesses today:
“I just remember thinking, Lord, if I get through this I’m gonna do things differently. And one of those things I said I was gonna do differently was become a champion for women who look like me.”
Sign the manifesto here: https://www.intentmanifesto.com
Today on the show:
- We share some real talk beauty confessions…and when it’s worth it to splurge vs save
- We used a free stock trading app to buy stocks recently…we’ll tell you how it’s going!
- We take a question from a listener who wants to know if she should buy a house with her partner before they get married. Yikes.
Some links to news stories and sites mentioned on the show!
Ep. 124 — Enduring the Unimaginable: CNBC’s Sharon Epperson On Surviving a Life-Threatening Brain Aneurysm
In September 2016, Sharon Epperson was at the gym when she felt a relentless, migraine-like pain shoot through her head and neck. One S.O.S. call to her husband and several hours in the hospital later, she learned she was one of 30,000 people in the U.S. who suffer a brain aneurysm rupture each year. Two in five die instantly and African Americans are twice as likely as white people to suffer from one.
Sharon, who is the senior personal finance correspondent at CNBC, was one of the lucky ones. On today’s show, she calls the experience one of the great blessings of her life and shares her story with Mandi, including:
Her early days in rehabilitation when she had to relearn everyday tasks.
“That road had so much pain on it. There were people in those rooms who I know probably wouldn’t make it…I remember thinking I just have to look at the door straight ahead. If I look in these rooms I’m going to fall down.”
What it was like to return the air at CNBC after 13 months of rehabilitation.
“I am recovered in that I can do that job but I’m doing it differently and better than I’ve ever done it before.”
The financial choices she made that protected her family’s finances during her recovery and time off from work.
“There couldn’t have been a rainier day for my rainy day fund. The fact that I had an emergency fund was key. It meant I didn’t have to do what many people may have to do which is dip into a 401(k) or their retirement savings to pay for a medical bill.”
The key steps Sharon says everyone should take to protect their families if they become disabled
—Build an emergency fund
—Sign up for disability insurance
—Secure a power of attorney
Learn more about brain aneurysm research here: bafound.org