Before we dive in, I have an important announcement to make. It has been an amazing, beautiful,

hectic whirlwind of a few months for me and my team at Hello 7. We worked our asses off to

launch the book in May, and thanks to you, all of my faithful listeners, readers, and friends

in the Hello 7 universe, we made it a bestseller, and it's having

an impact on so many. From the bottom of my heart, thank you so much for all of your support.

But to be very honest with y'all, mama is tired, okay? I need a break, and I believe that rest is a

revolutionary practice that all of us, and especially

black women, need to reclaim. So I am going to be taking a break from the Hello 7 podcast for a little

while. But don't worry, we'll be re-releasing some of our favorite OG very best episodes,

and I will be back with a vengeance in the fall.

Dave Ramsey says never, ever go into debt and never use credit cards. He says people who use credit cards are idiots. Well, let me tell you something. If I put $5,000

on a credit card and turn that $5,000 investment into $250,000 in revenue

because I've learned how to build a business that makes me $250,000 in a year. Well, then I'm a

very wealthy idiot, Dave. Welcome to the Hello 7 podcast. I'm your host, Rachel Rogers, wife, mother to four children, a lover of Beyonce, coffee drinker, and Afro wearer. And I just happen to be the CEO of a seven-figure business. I am on a mission to help every woman I meet become a millionaire. If you want to make more money,

you are in the right place. Let's get it going. Today we're going to talk about a really important

topic, which is how to make better financial decisions. As women entrepreneurs, we need to really

focus on our money, pay attention to it, track it,

love it, okay?

Rub it all over ourselves, whatever you need to do to feel excited and focused on your funds.

Okay?

Hashtag, focus on your funds.

So today I want to start by talking about this concept of loss aversion because I think this is a concept

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