Financial Tips: She's bridging the financial literacy gap for minority communities, emerging professionals, and small business owners.

The Steve Harvey Morning Show

iHeartPodcasts

Comedy, Society & Culture

4.6 • 2.1K Ratings

🗓️ 20 August 2025

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Two-time Emmy and three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviewed Lisa Mulrain.

Role: Finance attorney, senior executive in the federal government, founder of Legacy Building LLC
Mission: To bridge the financial literacy gap for minority communities, emerging professionals, and small business owners, promoting lasting economic confidence and stability.

🧭 Purpose of the Interview

To highlight Lisa Mulrain’s transition from finance attorney to financial literacy advocate, and her efforts to empower underserved communities through education, legal expertise, and practical financial strategies.

🔑 Key Takeaways 1. Systemic Inequities in Finance

Lisa’s work with Ginnie Mae exposed her to disparities in lending, appraisals, and access for low-to-moderate income families.
She observed how minority communities were often preyed upon with unfavorable loan terms and undervalued property appraisals.

2. Financial Literacy Advocacy

Lisa transitioned into advocacy to educate people on financial contracts, including mortgages, credit cards, and auto loans.
She emphasizes understanding loan terms and avoiding high-interest debt traps.

3. Tips for Financial Empowerment

Budgeting: Know your income vs. expenses.
Multiple Income Streams: Invest in real estate and the stock market.
Credit Awareness: Monitor and manage credit responsibly.

4. Small Business Guidance

Avoid early debt accumulation.
Scale inventory gradually.
Understand the legal and financial implications of business credit.

5. Legal Expertise & Asset Protection

Lisa offers estate planning and trust services to protect assets from lawsuits and creditors.
She explains how trusts shield property and wealth from legal claims.

6. Insurance & Financial Stability

Advocates for life and disability insurance as part of a financial toolkit.
Recommends cash value whole life policies for long-term benefits.

7. Scam Awareness

Warns against phishing and financial scams.
Advises verifying sources and never sharing sensitive info without confirmation.

💬 Notable Quotes

“The system is not set up for us to win.”
“You have everything you need to acquire any finances that you desire.”
“Don’t blindly hand your money over to someone if you don’t understand what you’re investing in.”
“No one’s coming to save us. You have to do all you can to build multiple streams of income.”
“A trust protects your assets from creditors and lawsuits.”

📞 Contact Info

Website: LegacyBuildingLLC.com
Instagram: @legacy_building_llc
Phone: (202) 409-8513

#SHMS #STRAW #BEST

Support the show: https://www.steveharveyfm.com/

See omnystudio.com/listener for privacy information.

Transcript

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0:36.7	weekly Money Making Conversation
0:38.1	Masterclass Show for you. The interviews and information that this show provides are for everyone.
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1:01.1	Speaker, Influencer, or Non-profit. My guest, let's get rolling, my guest is a finance
1:07.3	attorney turned financial literacy advocate, entrepreneur, and head of a law practice
1:12.8	based in Washington, D.C. Her company, Legacy Building LLC, mission is to bridge the financial
1:19.5	literacy gap, particularly for emerging professionals, minority communities, and small business owners,
1:25.8	promoting lasting economic confidence and stability.
1:29.3	Please welcome to Money Making Conversation Masterclass, Lisa Moraine. How you doing, Lisa?
1:34.5	I'm well. How are you? Pretty good. Lisa is great seeing you again. I saw you in D.C. at the
1:40.1	generational wealth conference. Why did you attend that conference? Absolutely. Well, generational wealth is right up my alley. It's what we focus on with legacy
	...

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