Earn Your Leisure X Chase Freedom Rise Presents Foundation Forward - Episode 2 | Jaiden

0:00This is an iHeart Podcast. Guaranteed Human.

0:32I gave her some suggestions to be sexually aroused. Can you get someone to join your cult? NLP was used on me to access my subconscious. Mind Games, a new podcast exploring NLP, a.k.a. neurolinguistic programming. Is it a self-help miracle, a shady hypnosis scam, or both? Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. This show contains information subject to, but not limited to personal takes, rumors, not so accurate stats, and plenty more. What's up, man? This your boy, Nav Green from the Broken Play Podcast. Look, it's the end of the season. The playoffs are here.

1:12But guess what? It ain't the end of your season. You can always tune in with Broken Play Podcast with Nav Green on the Black Effect Podcast Network. Not a team who ain't going to the playoffs. It's time to rebuild. Listen to Broken Play with Nav Green from the Black Effect Podcast Network on the iHeart Radio app. Apple Podcasts, or wherever you get your podcasts. Crook and Chase Nashville chats with the coolest cat in country music. He is edgy. He's fun. He is Chase Matthews. Keith Urban helped make him a global sensation last year, but it's his recent number one hit darling to put Chase on the map and launched a fun and difficult conversation about lovers who cheat and lie.

1:49That's why I'm scared to get married. You're giving me trust issues, brother. Crook and Chase Nashville chats with Chase Matthews. Listen and subscribe on the iHeartRadio app, Apple Podcasts, or wherever you listen to podcasts. Whether it is getting swatted or just hateful messages online, there is a lot of harm in even just reading the comments. That's cybersecurity expert Camille Stewart-Gloster on the Therapy for Black Girls podcast. Every season is a chance to grow. And the Therapy for Black Girls podcast is here to walk with you. I'm Dr. Joy Harden-Bradford, and each week we dive into real conversations that help you move with more clarity and confidence.

2:27This episode, we're breaking down what really happens to your information online and how to protect yourself with intention. Listen to Therapy for Black Girls on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. How often do you think about credit? You know, you got me. The why, the how, the pitfalls, the benefits. I'm Troy Millings, and together with my partner Rashad Bilal, we have been financial educators under the Earn Your Leisure banner. What's up, my man? What's up? And in this series, we've partnered with Chase Freedom Rise to talk to the next generation about credit, confidence, and specific steps to building something real.

3:07This is Foundation Forward. Episode 2. When is it time to start your credit journey?

3:17My name is Jaden Wilson. I live in Santa Barbara, California. It's a really beautiful day today. I am studying economics. I have my real estate license. I have an IT internship and I work at a local restaurant. I've seen my parents, you know, they're definitely a big inspiration for me on why I work so hard. You know, seeing my dad, like, do his job and just see how my mom handles our finances, like, they've had me understand, like, a different side of things where it's, like, saving money on everything. It's every day. That extra dollar,$10 that you save here, it's going to mean something down the line.

3:49By talking to a financial expert, I hope to learn different ways I can improve my credit usage and my credit score and how I can get loans in the future from when I buy a house. 51 % of Gen Z express a general aversion to credit cards, describing them as giving them the ick. What's up man? How you doing? What's going on man? Troy. Jayden. Pleasure to meet you man. How you doing man? I'm doing really good. Thanks for coming and taking time out of your day to come and see me. Nah man, thank you for joining us. So, I hear you're a man of many hustles.

4:25Do you have any level of financial anxiety or fear? Does anything keep you up at night thinking about finances? Definitely. When I turn around at like 25 and I look at all these years I worked, all like the money, and I realize I only have like a very small fraction of none of it. After all those years of working, what was the point of all of it? Every decision I make, money is probably the first thing that I think about. I mean like it's like if like everyone wants to go out to eat, you know, it's like$30 Like do I want to spend that everyone wants to go vacation somewhere? Like, you know, do I go do that?

4:58Like you can't start in the future like you don't have all this time It's like you got to start now you have to start today, you know And it's like when you learn about compound interest, you know, and it's like you got to start doing it You got to do it early, you know, it's like the first three years could be millions of dollars in different style lines So it's like that's my mentality 68 % of Gen Z report that credit card bills cause them stress and anxiety. Have you started to have experiences with credit cards yet? Yes, yeah, I have. How's that been? I got my first card, my first credit card, when I first moved to Santa Barbara my freshman year.

5:32It's definitely been like a learning curve because it's almost like you're given all this power and you don't know really what to do with it. I was always kind of confused on, like, I don't want to, like, get another one, and then, like, that, like, affect me down the line when getting another one. Or I also don't want to get one and then not have, like, a use for it. I guess, like, that's, like, what I want to learn. It's just, like, how can I make it work for me? You know, how can I make this money grow? Without question, Jaden is a hard worker, and he reminds us of another hustler. A little further along on his journey, a creator who would start to make his credit grow in the city that never sleeps.

6:04When I came to college, I started majoring in computer science, majoring in economics for a little bit, political science, do something in politics. And I finally just like I realized that I wanted to just study history. And probably just two months before I graduated, I made my first TikTok. That blew up. And that's why I made the decision to just start social media. Khalil Green has been nominated for two Emmys, is a Peabody Award winner, Forbes 30 Under 30, and the first black student president at Yale University. He is a Gen Z historian blending education and entertainment. We sat down with him to speak about his credit journey and any pearls of wisdom he may have for Jaden.

6:43When I got to college, there were students around me who, some of them had credit cards. I realized that making all these purchases and not doing it on a credit card was almost wasted potential because I could start building my credit. I could start thinking about how I can better my credit score. I mean, it feels so dumb now. Like, you need to use the credit card to get a lot of the benefits from it. I didn't know how much it would affect me until much later on when I was applying for my first apartment. But luckily, I listened to that voice in the back of my head saying, okay, this is something you should start doing.

7:13I didn't always understand the difference between debit and credit cards. Some people think a credit card is like a gift card in a sense where if you have a$2 ,000 limit, you're supposed to spend$2 ,000. What I did was probably even worse because I feel like I knew that, but I still spent up to the limit. Like sometimes it just creeps up on you. Any work where you're hustling, you have like odd jobs, you have really good months and you have really like bad months. And you have to be intentional about like finding somewhere in the middle that you can just put in your head for like how much you should spend month to month.

7:45So I have a good month. I have 10 brand deals, 5 viral videos, got 100k new followers. Lit. The money might go. Super lit. Fluctuates, man. There's a moment in every young man's life when you get the credit card and then there's a moment when that credit limit gets increased. Yeah, exactly. One of the ways to help build it is to be diverse. Does rent factor in? Like what other things should I be thinking about that I can like add in easily? Yeah, I think credit utilization. That's a big piece of it, over 30%. How much debt do you have? The mixture is important. The length of it is important. So they look at your credit from a percentage base point and 15 % of that score is going to be the mixture of credit.

8:23Another 15 is the length of your credit. So how long have you had the credit? So really it's a trustworthy system. And so if you factor all those things in and you keep a good standing, this is a way to improve your credit card and you're going to see your limits increase. But this is the most important thing. You got to be disciplined. What advice would you give to somebody that is 18 that's just enrolling in college? I would say to start thinking about the long term. The important thing is to almost have faith in it. Faith that these long term, these small things that you do, getting a credit card, using that credit card, making your payments on time, getting a job, choosing a career that you're interested in, that they'll benefit you down the line because it's gonna all come back to you and you just wanna look back and say, I made the right decision.

9:05So just have faith that these small things will really pay off. I'd say to Jayden, number one, I'm proud of you. Many people feel the pressure to choose one thing very early on in life. I didn't do that and I'm very lucky because I didn't do that. Keep going, keep trying new things and only settle on something when it feels right for you. We are totally aligned with Khalil's advice to Jaden, and we thought we'd add to it with Jaden's own EYL and Chase Freedom Rise Foundation Forward checklist. First, make a plan for your short term. We're going to add credit. We're going to figure out how to leverage it.

9:39Second, apply for a credit card specifically designed for someone with no credit history. Third, limit your credit usage and pay your bill monthly. Credit utilization, debt, you want to keep those things pretty low. And fourth, actively monitor your credit report. It was really eye-opening talking to them. It really was nice to have someone who, like, knew what they were talking about, who actually cared. And definitely, I'm going to implement their plan and, like, get a new credit card for sure. Oh, the future is bright, man. Jaden is an impressive young man. What's the biggest takeaway? Just how disciplined he was, especially with the financial peer pressure.

10:13That's real. Like, you know, for somebody that young to have that level of self-awareness for the delayed gratification and willing to delay what he wants right now for the future, that's very mature. And he's not focused on one thing. I think that's what I like the most. He's versatile. At some point, he's going to be leading the company, and the people that are at this restaurant will be working for him.

10:49What if mind control is real? If you could control the behavior of anybody around you, what kind of life would you have? Can you hypnotically persuade someone to buy a car? When you look at your car, you're going to become overwhelmed with such good feelings. Can you hypnotize someone into sleeping with you? I gave her some suggestions to be sexually aroused. Can you get someone to join your cult? NLP was used on me to access my subconscious. Mind Games, a new podcast exploring NLP, a.k.a. neurolinguistic programming. Is it a self-help miracle, a shady hypnosis scam, or both? Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

11:28This show contains information subject to, but not limited to personal takes, rumors, not so accurate stats, and plenty more. What's up, man? This your boy Nav Green from the Broken Play Podcast. Look, it's the end of the season. The playoffs are here. But guess what? It ain't the end of your season. You can always tune in with Broken Play Podcast with Nav Green on the Black Effect Podcast Network. Not a team who ain't going to the playoffs. They're chief. It's time to rebuild. Listen to Broken Play with Nav Green from the Black Effect Podcast Network on the iHeart Radio app, Apple Podcasts, or whatever you get your podcast.

12:00Crook and Chase Nashville chats with the coolest cat in country music. He is edgy. He's fun. He is Chase Matthews. Keith Urban helped make him a global sensation last year, but it's his recent number one hit darling that put Chase on the map and launched a fun and difficult conversation about lovers who cheat and lie. That's why I'm scared to get married. You're giving me trust issues, brother. Crook and Chase Nashville chats with Chase Matthews. Listen and subscribe on the iHeartRadio app, Apple Podcasts, or wherever you listen to podcasts. Whether it is getting swatted or just hateful messages online, there is a lot of harm and even just reading the comments.

12:38That's cybersecurity expert Camille Stewart-Gloster on the Therapy for Black Girls podcast. Every season is a chance to grow. And the Therapy for Black Girls podcast is here to walk with you. I'm Dr. Joy Harden-Bradford, and each week we dive into real conversations that help you move with more clarity and confidence. This episode, we're breaking down what really happens to your information online and how to protect yourself with intention. Listen to Therapy for Black Girls on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. You know Roald Dahl. He thought up Willy Wonka and the BFG.

13:14But did you know he was a spy? In the new podcast, The Secret World of Roald Dahl, I'll tell you that story and much, much more. What? You probably won't believe it either. Was this before he wrote his stories? It must have been. Okay, I don't think that's true. I'm telling you. The guy was a spy. Listen to The Secret World of Roald Dahl on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. This is an iHeart Podcast. Guaranteed human.