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Earn Your Leisure

Starting From Scratch: Money Moves and Creating Wealth

Earn Your Leisure

EYL Network

Education, Entrepreneurship, News, Business News, Investing, Careers, Business

4.87.8K Ratings

🗓️ 22 February 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

Welcome back to another engaging clip of Market Mondays! In this edition, Rashad, Troy, and Ian dive deep into the insightful question: If you had to restart from scratch today, knowing everything you know now, what would your top three money moves be?


Hear Rashad Bilal share his personal journey, breaking down why starting with a service-based business with low overhead can make all the difference for someone starting from zero. Troy Millings offers actionable advice on leveraging multiple streams of income from a single job, sharing inspirational personal anecdotes. Ian Dunlap emphasizes the importance of building a business, long-term investing, and the value of helping others first as a core money strategy. Plus, the trio discusses the importance of speed when executing on investments and surprises from Ian’s snowboarding adventure!


This conversation is laced with actionable financial advice, lessons in entrepreneurship, and reflections from real-life experiences. It’s an invaluable listen for anyone looking to rethink and refine their financial journey, whether starting out or starting over.


*Timestamps:*

0:00 Rashad on starting from scratch - prioritizing a low overhead service-based business

2:25 Rashad’s strategy: leveraging your network and reinvesting profits

3:26 Ian’s three-step approach: build a business, long-term investment, and trading futures

4:36 Troy on creating multiple income streams within your job

5:55 Reflections on speed, execution, and smart investments


Get inspired and take actionable steps today to build a financially secure future!


#MarketMondays #Entrepreneurship #FinancialFreedom #InvestingTips #MoneyMoves #PersonalFinance



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Transcript

Click on a timestamp to play from that location

0:00.0

Ernest, what's up?

0:01.7

Look, life's expensive, whether it's extra fees at the movies,

0:05.5

hidden airline charges, or surprise concert ticket fees.

0:09.0

It feels like every step forward comes with a setback.

0:12.7

But what if your bank actually helped you move forward?

0:15.8

That's where time comes in.

0:17.5

With a time checking account, you get tools designed to make financial progress easier,

0:21.9

like no maintenance fees, fee-free overdraft up to $200 with SpotMe, and even early direct

0:28.2

deposit up to two days early. Imagine how much smoother things could be with extra breathing

0:33.9

room like that. Now, let me tell you about Spot Me.

0:38.0

We've all been there.

0:39.8

Checking your balance, realizing you're short, and then getting hit with an overdraft fee.

0:44.9

I've had it happen and it is frustrating.

0:48.1

But with Chime, overdrawing your account doesn't come with a penalty.

0:52.8

You can overdraft up to $200 and time will spot you.

0:56.6

No fees, no stress. Your next deposit automatically covers the negative balance. Time's not just a bank,

1:03.6

it's a community. You can give or receive boost from friends to temporarily increase your

1:08.6

spot me limit when you're in a pinch.

1:11.7

And with over 50,000 fee-free ATMs, accessing your money won't cost extra either.

1:18.6

Here's the best part.

1:19.8

Chime has already spotted its members over $30 billion in financial support, helping millions

1:25.0

of people make progress.

...

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