508 - The #1 Thing Your Kids Need More Than Money
The Secret To Success with CJ, Karl, Jemal & Eric Thomas
S2S podcast
4.9 • 6.6K Ratings
🗓️ 25 September 2025
⏱️ 48 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The first thing that a person needs to do is assess what size vessel do they have. |
| 0:04.3 | Absolutely. |
| 0:05.0 | Because that equation, right, that calculation will determine the size anchor you need. |
| 0:09.4 | You're talking about things that are future, right? |
| 0:13.0 | And planning for an anchor that's down the road when my present day looks a little crazy. |
| 0:20.6 | I want to make sure we got that. |
| 0:22.4 | Future day is going to look crazy. |
| 0:23.9 | When is it going to stop? |
| 0:24.9 | Yeah, but I'm just... |
| 0:25.4 | That's what I'm asking. |
| 0:26.5 | Because I can't hear somebody like, oh, okay, cool. |
| 0:28.3 | I'm planning for my... |
| 0:29.1 | Okay, let me put that in the anchor $60,000 a year. |
| 0:31.4 | And then you're looking like, I got rent. |
| 0:32.9 | No, no. |
| 0:33.3 | So here go the problem. Like, you're not even supposed to start if you don't have the anchor, |
| 0:38.2 | and that's what we've done wrong. |
| 0:39.8 | We've moved with the vessel, |
| 0:42.0 | making the vessel the priority |
| 0:43.8 | when the anchor should have been created |
| 0:46.3 | either before or at least simultaneously. |
| 0:49.4 | But we're talking about the anchor, the vessel, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from S2S podcast, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of S2S podcast and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

