0:01

Hey, welcome back

0:01

to the Average Joe Finances Podcast.

0:03

I'm your host, Mike Cavaggioni,

0:03

and today's guest is Walli Miller.

0:07

So Walli, I am super excited

0:07

to have you on the show.

0:10

We had a great conversation

0:10

pre recording, and I'm super

0:14

excited to continue that on here. So welcome.

0:17

We finally had to hit the record button. Yes.

0:19

I'm so excited to be here, Mike. Thank you for having me.

0:21

I think it's going to be a really great

0:21

conversation, a little bit different

0:24

than probably what some of your listeners

0:24

are used to, but I think it's definitely

0:29

falls in line with what they want.

0:31

Yeah, it does. But, and at the same time, it

0:32

will be a little bit different

0:35

and that's what I'm excited about. So to start that off, let's

0:37

go ahead and introduce you.

0:40

So if you could just share a little

0:40

bit about yourself, share your story.

0:43

Tell my listeners who is Walli Miller.

0:47

Yeah once again,

0:47

thank you for having me.

0:50

So I am a first gen college

0:50

graduate, daughter of an immigrant,

0:54

born and raised in New York City,

0:54

and I'm a first gen millionaire.

0:59

I am also a financial coach.

1:02

And I love guiding people.

1:05

Through not only the math and the

1:05

calculations, but also that money

1:08

mindset that sometimes we get stuck at.

1:11

So that's the trajectory of where

1:11

things are right now, but that

1:15

wasn't how it always started. Like I wasn't always good with money

1:17

and I didn't always know all the things.

1:21

And yeah, in my twenties, I pretty much.

1:24

I thought I was good with money. I stayed out of credit card

1:25

debt and that was my definition

1:28

of being good with money. I was like, Oh, I don't

1:29

have credit card debt. Like all the finance people,

1:30

that's what they talked about.

1:33

Get out of debt, get out of debt. And because I didn't have credit

1:34

card debt, I thought I was good,

1:37

not realizing I was missing the

1:37

whole wealth building component.

1:41

And yeah, that's when

1:41

things changed for me.

1:45

That's amazing. Short and sweet, but to the point.

1:48

And I don't know how I didn't

1:48

notice this pre conversation and

1:51

how this didn't come up before.

1:53

I'm also from New York. I'm from Long Island.

1:56

And I heard your accent too, right? I heard it a little bit and I just

1:58

didn't even think anything of it.

2:01

So at least, you understand when I'm

2:01

talking, what I'm talking about when

2:04

I say New York has the best pizza and

2:04

bagels in the world, like hands down

2:09

probably the best Chinese food too. You just can't beat it.

2:12

Not a debate. It's not a debate.

2:14

Yes. It's not, but people will probably get

2:14

in the comments and start debating.

2:18

But look, just want you guys

2:18

to know it's already over.

2:21

It was over before you started.

2:23

That's what makes the pizza and the bagels different.

2:25

Exactly. So you actually, funny story. When I was down in Pensacola, Florida

2:27

for recruiting school, when I was in the

2:31

Navy, they opened up a Manhattan pizza

2:31

chain down there, familia, and When

2:37

they opened it up, I was super excited. My wife and I, we were both,

2:39

she's also from Long Island.

2:42

We were down there staying on the

2:42

base while I was going to school.

2:45

And as soon as they opened up, we went right in, right? We got a piece.

2:47

And that became our Friday thing. Every Friday while I was in school.

2:50

We went and got a pizza and

2:50

it literally tastes like the

2:54

one that I had in Manhattan. And I said, Hey guys how

2:55

are you making this so good?

2:58

And they said, Oh, we actually have

2:58

the water ship down from New York.

3:01

And it's, that's actually how we do it.

3:03

I'm like, no way. So it really is.

3:06

It really is the water. So I just wanted to point that out there.

3:09

It's pretty amazing anyway. Enough about New York and everything

3:11

and all that it's, we can go

3:14

down that rabbit hole all day. But now things are starting to make

3:16

sense as I'm talking to you now that I

3:19

know that you're from the city, actually

3:19

what part of the city are you from?

3:22

So born and raised in

3:22

the Bronx, but I live in Manhattan now.

3:25

I'm in yeah. And lower Manhattan.

3:27

Okay. Right on. Okay. So during your intro, you had mentioned

3:29

that you are first gen American, right?

3:34

Cause your parents were immigrants and

3:34

you're also a first gen college graduate.

3:38

And first gen millionaire, right?

3:41

So that's a lot of firsts that

3:41

you're all packaged all together

3:47

with what you've got going on. And I'm interested in hearing

3:48

your story when it comes to how

3:52

you actually got there, right? Because I'm second gen, right?

3:55

My grandparents were immigrants

3:55

and then my parents, of course

3:58

were living here already. And.

4:02

I got to see a couple of different sides of things. Like my grandparents had

4:04

their own deli and that was a

4:07

business that they were running. My father had his own business.

4:09

He had a trucking business. And I always had this entrepreneur mindset

4:11

because I, that's what I saw growing up.

4:16

But I also saw the feast and famine

4:16

side of it too, where it's one

4:19

day we're eating like Kings the

4:19

next day, it's like ramen noodles.

4:23

I'm curious as to what your experience was

4:23

with that growing up and then, of course,

4:26

being that first gen college graduate

4:26

what was that like for you to pursue that

4:31

when you haven't had anybody else in your

4:31

family to show you that way in the past?

4:36

Yeah, first of all,

4:36

my mom is Puerto Rican, so she's

4:39

not an immigrant, but she didn't

4:39

graduate high school, right?

4:43

My dad is an immigrant from Ecuador.

4:45

We being born and raised in New York

4:45

City, particularly growing up in

4:50

the Bronx, it's the poorest borough.

4:52

And so everybody was low income.

4:54

Everybody was on the struggle

4:54

bus, but like everybody like

4:57

did what they needed to do. Like when we talk about like hustle

4:58

culture, I mean that in the best

5:01

possible way, like everyone knew

5:01

how to make a dollar stretch and how

5:06

to make money when they needed it. Everybody was like, selling, the

5:07

holiday, traditional foods during the

5:12

Christmas and Thanksgiving seasons. So it was just like people that spirit

5:14

just was around everywhere, but my

5:19

parents necessarily didn't have that. Like my dad, got paid under the table

5:21

as they say, for most of his life,

5:25

never had a 401k or anything like that.

5:28

I am one of five kids. So my mom was a stay at home

5:29

mom for most of my life.

5:33

So there were like a lot of conversations

5:33

between the two of them that I like

5:38

overheard, but like money wasn't

5:38

something that we really talked about.

5:42

It wasn't something that, they

5:42

sat down with me and taught

5:45

me how to balance a checkbook. Like we didn't even have like

5:47

bank accounts, they kept the

5:49

money underneath the mattress. My dad, especially being an immigrant,

5:51

didn't necessarily trust banks

5:55

because of where he came from. So conversations around

5:57

money really didn't happen.

6:00

And I think for most of us, that's the case. Like it's very rare where you meet someone

6:02

where I've met someone and they're like,

6:07

Oh yes, my parents like taught me the

6:07

ABCs and the one, two threes of money.

6:11

Usually what we learn about money is.

6:13

Just observed and learned indirectly

6:13

and that was my experience as well.

6:19

So we didn't really have

6:19

conversations around money.

6:22

Sometimes the lights would get

6:22

shut off, sometimes, dinner was

6:25

like white rice and a fried egg. Those were some of the experiences that we

6:28

had, but it didn't take long to realize,

6:34

like it didn't matter how hard you worked.

6:36

Cause my dad works six days

6:36

a week, 12 hours shift.

6:41

And he was a very hard worker, so it

6:41

wasn't necessarily of like how hard

6:45

you work that wasn't the equivalent of

6:45

what made you wealthy or what made you

6:50

well off, but it was also like your

6:50

connections and the people you knew

6:55

and education and things like that. So I knew that for me, education was

6:56

going to be something that I needed

7:02

in order to change my circumstances.

7:05

And that was really what I. Connected with and I really

7:06

focused on, okay, how do I do this?

7:11

And again, this is like growing up

7:11

in a household where neither one of

7:15

my parents graduated high school. They didn't go to college, obviously.

7:18

So this was me just like looking over

7:18

my shoulder and seeing what the person

7:23

behind me and next to me were doing

7:23

when it came to even navigating that

7:27

experience of okay, what do you do after

7:27

high school and how do you get there?

7:32

Yeah, absolutely

7:32

love that and resonate with that as well.

7:35

Especially when you were talking

7:35

about how conversations around

7:38

money just didn't happen. It was always like a very taboo thing.

7:42

Now I, I remember hearing, my parents

7:42

argue and stuff about money back in

7:46

the day, but it wasn't really stuff

7:46

that, that was said in front of us.

7:49

It was more of ear hustling a

7:49

little bit and to hear that.

7:53

But yes, I totally get where

7:53

you're coming from with that.

7:56

Especially, when it comes to the

7:56

whole hustle culture you were

7:59

talking about in the Bronx, right? We might not have it as strong on

8:00

Long Island But you know that hustle

8:05

culture that you have just as a

8:05

New Yorker in general is definitely

8:08

something that's a contagious, right?

8:12

Because that's something I actually

8:12

want to give to my kids as well.

8:15

Even though like I know that they're

8:15

gonna be In a much better spot than I

8:20

was, when they become an adult, I want

8:20

to make sure that they know that they

8:25

got to work hard to keep that going.

8:27

That's not just going to be like a handout. I don't want them growing up

8:29

with a silver spoon in their

8:31

mouth or anything like that. I feel like that's something to

8:32

like that hustle and that grind

8:35

mentality that you have is something

8:35

that you want to keep passing down

8:38

from generation to generation. So yes, building generational wealth is

8:40

great, but you also want to build that

8:44

generational hustle culture, right?

8:46

That you're going to pass down. So that's huge.

8:49

Now, one of the things you had

8:49

mentioned is that you knew that

8:53

education was something that you

8:53

needed to change your circumstances.

8:56

So right away, the fact that you

8:56

describe it like that, it shows me that

9:01

you were very serious about changing.

9:04

Your future and changing what

9:04

opportunities were put in front of you.

9:07

Because when you say education was something you needed to change your circumstances,

9:09

that's what that speaks to me.

9:12

You want to change your circumstances

9:12

for not Oh, I want to go get a

9:14

degree just to go get a degree

9:14

or be the first one to get it.

9:17

It's no, I want to get a degree

9:17

to make sure that I can have

9:20

a better life in the future. To make sure that I'm going to be able

9:21

to get a job that's going to have the

9:24

income that I don't have to worry about.

9:27

The light's getting turned off. And I feel like little things like

9:28

that, that we pull from our childhood,

9:32

that you remember, those are things

9:32

like, okay, I don't want this to

9:34

happen in my household in the future.

9:36

So it's one of the things that you always

9:36

work for to get better at, you always

9:40

want to try to give your family something

9:40

better than what you had growing up.

9:44

I definitely respect that. Now I want to get into.

9:48

What you do now, cause like

9:48

you're a financial coach.

9:50

I also do financial coaching. So I really love to hear

9:52

about what other coaches do.

9:55

And I'd like to know when it

9:55

comes to actual money, right?

9:58

Because you got to the point where

9:58

you got yourself in a very good spot.

10:02

A lot of people have

10:02

misconceptions about money.

10:06

So I want to know for you, what can

10:06

you tell me with the clients that

10:09

you've worked with is the biggest

10:09

misconception that you've found that

10:13

people think when it comes to money.

10:17

Yeah, I think when people

10:17

come to me specifically for financial

10:20

coaching, they assume that it's all

10:20

going to be talking about the numbers and

10:24

the spreadsheets and the calculations.

10:27

And of course, we do that. We look at the numbers.

10:29

We understand 1 plus 1 equals 2, right?

10:32

We understand what the numbers

10:32

are and get to the bottom of it.

10:35

But so much of it, has to do

10:35

with our relationship with money.

10:39

And I just want to go back to

10:39

something when I talk about, it's

10:42

not necessarily hustle culture,

10:42

but it's like worth ethic, right?

10:46

It's when I talk about education,

10:46

that doesn't mean a degree right now.

10:50

We're in, a place in time where

10:50

you can listen, you can get a PhD

10:56

in whatever subject you want by

10:56

listening to the podcast, reading

11:00

the books, blogs, YouTube channels.

11:02

One of the things that I mean, yes, for

11:02

me at the time, the only education that I

11:07

knew was the traditional college, right?

11:10

But today there's so much like listeners

11:10

to your podcast, they've learned so

11:15

many things and have been exposed to

11:15

things they didn't even know existed.

11:19

And so that's something that

11:19

I am trying to really ingrain

11:22

in like the next generation. It's yes, education and a

11:24

degree can be helpful, but let

11:28

me also expose you to this.

11:30

Whole other side that you don't

11:30

even have to wait until you

11:33

graduate high school, right? Like you can start getting this

11:35

education in middle school.

11:38

And then, in a while, you're still

11:38

in high school and just can really

11:41

learn so many different things. And I think And genuity and

11:43

creativity is also a component

11:47

to like that hustle culture. Cause they think so many times

11:49

millennials are for sure.

11:52

Gen Z years are really like bucking the

11:52

change on this, but it's not necessarily

11:57

about grind until you're exhausted

11:57

and tired and just feel burnt out.

12:03

It's about how can I do what I

12:03

need to do in a more creative way?

12:08

Again, that ingenuity and also achieve

12:08

the life that I want to live, right?

12:14

And whatever that might mean for you. So right now when my clients, they

12:16

come to me, yes, they think we're

12:19

going to talk about the numbers and

12:19

the calculations and we do that.

12:22

But that mindset piece and that

12:22

relationship with money is so important.

12:26

That's why I went back to that

12:26

using that word hustle, right?

12:29

Because language and the

12:29

words we use to describe.

12:33

Our feelings, our interactions, our

12:33

behavior, the exchange we have with

12:38

money and how we earn it and also how

12:38

we spend it is so critically important.

12:44

Walli, that's

12:44

fantastic because the language,

12:48

like the way that you bring that up. It's just, it's the way that you're

12:49

putting it so that people are gonna

12:52

sit here and understand right off

12:52

the bat where you're coming from.

12:55

That's one of the things I love to

12:55

do about this podcast as well, right?

12:58

I don't like to sit here and have,

12:58

a conversation that is like too

13:01

complicated or too technical or

13:01

something that's gonna scare somebody

13:04

that's just getting into this away. I want somebody to come to this

13:06

podcast and listening and listen

13:09

and say, Hey, you know what? I understand this.

13:12

I'm not intimidated. I want to learn more. And, I'm going to go back and listen to

13:14

some of these other episodes because,

13:18

the way that these guys are having

13:18

these conversations, it makes me feel

13:21

comfortable, if somebody's putting

13:21

out acronyms or things like that, I'll

13:26

say, okay, Hey, what does that mean? Please explain that.

13:28

Even though I know what it means, I

13:28

want to make sure that no listener

13:31

or nobody gets intimidated. And.

13:34

Okay. And I do it that way because I feel like

13:34

it's not that people wouldn't understand.

13:39

It's just that right now, when somebody

13:39

is coming here to get that information,

13:42

they're coming here to learn right now,

13:42

not sitting here and look things up.

13:45

For me personally, I like

13:45

to be a content sponge.

13:48

I am constantly absorbing

13:48

content all around me every day.

13:53

Whether it's through books,

13:53

YouTube videos, podcasts my kids

13:57

are sick of podcasts because every

13:57

time we get in the car, they're

13:59

like, daddy, please put on music. We don't want to listen

14:01

to any more podcasts, but.

14:04

For me, like I'm always trying

14:04

to learn, and that's what I love

14:06

about what you described there. It doesn't mean go get your

14:08

degree or anything like that.

14:11

There's so many different

14:11

ways you can learn today.

14:14

And, I can tell you right now,

14:14

I haven't finished my degree.

14:16

I'm like three classes away and I've been

14:16

three classes away, probably for 12 years.

14:21

And I just haven't finished it. Maybe I will one of these days,

14:23

just to say I did it, but.

14:26

I haven't had the need to, and I've

14:26

experienced a lot of success without

14:31

having a college degree, so it's.

14:34

It's a matter of where you get your education. It actually it doesn't matter

14:36

where you get your education from.

14:39

What matters is that you're

14:39

always willing to learn.

14:42

That curiosity. Yeah. Attribute is so important.

14:45

Get curious, ask a million questions.

14:49

Why? And I think sometimes it can

14:49

feel intimidating, right?

14:52

Like obviously today we're talking about

14:52

money and money is a very taboo topic.

14:58

But if we're not curious with

14:58

ourselves and with other people,

15:02

we just stay in the dark, right? Yeah. And when I remember I would hear

15:03

different podcasts talk about

15:07

or books or things that I was

15:07

reading people talk about wealth.

15:11

And I didn't even connect with that word. Of course I like knew what that meant.

15:15

I knew what the dictionary said,

15:15

how people defined wealth or

15:19

how it defined wealth, but I

15:19

couldn't connect with that word.

15:23

When I thought about wealth, I thought

15:23

of an old man with gray hair, smoking

15:27

a cigar, like in a velvet robe, it just

15:27

wasn't like a word that I really connected

15:32

with until I started to get curious

15:32

about what would wealth look like for me?

15:39

I absolutely

15:39

love that, and again, that goes back

15:42

to the message of, simplicity, right?

15:45

When you're putting a message out there to make it. So you're not intimidating anybody.

15:49

There was something else you said,

15:49

too, when we started this off and I

15:51

absolutely love this because I've had.

15:54

Other folks come on the show

15:54

that were also financial coaches.

15:57

And it's funny because I think we all

15:57

look at it this way, but you were talking

16:02

about the relationship with money.

16:05

And I feel like a lot of people

16:05

don't realize that you do have a

16:09

relationship with your money, right? And no matter what you're

16:11

purchasing, I don't care what it is.

16:13

Even me as a real estate investor or

16:13

investing in anything, whether I'm putting

16:18

money into the stock market, whatever

16:18

it is, I always get that uneasy When I

17:02

write that check, or I wire the money,

17:02

or I send it, because now it's gone.

17:06

And I'm like, I had it. But now it's gone.

17:08

I went and put it to work. It's like sending your, your kids

17:09

turn 18 and you're sending them off to

17:12

college or sending them off to wherever

17:12

and you're just letting them go.

17:15

And it's okay, go out into

17:15

the world and make me proud.

17:18

That's you're doing that with your money. And I feel like a lot of times

17:20

people don't realize that you

17:22

have this emotional attachment.

17:25

So no matter what it is that

17:25

you're putting your money into,

17:28

there's always emotion involved. You go buy a new car.

17:30

That's an emotional decision. You buy a home.

17:33

It's an emotional decision. So can you touch on that a little bit

17:34

and tell me like what your experiences

17:38

have been with that when it comes

17:38

to the emotions tied to money?

17:41

Oh, yeah, people

17:41

can talk about money or debt, for

17:44

example, and use weighted words, it's

17:44

bad, it's good, leverage is good,

17:50

like all of these different things. And really, it's neutral, right?

17:54

Debt is neutral, money is neutral,

17:54

but it's laden with emotions.

17:58

And sometimes people will come and they'll

17:58

say, I just I want to work with somebody.

18:02

And I just don't ever want

18:02

to have to think about money.

18:05

And I say, I'm sorry, I'm not

18:05

the financial coach for you.

18:07

We're always going to think

18:07

about money, but it's how we

18:12

react that can improve, right?

18:15

So from making something feel like

18:15

a total crisis to an inconvenience,

18:19

and I'll give you one example. I am remodeling my apartment here in the

18:21

city and I worked with a designer to pick

18:26

out some furniture and I said, okay let

18:26

me, create a savings fund and I'll just.

18:31

Wait until I have the money

18:31

so I can pay it in cash.

18:34

And so I did that and then it was time to

18:34

go buy this couch and I hadn't bought a

18:38

couch in years, probably a decade or so.

18:40

And I didn't realize how

18:40

expensive couches I've gotten.

18:43

And I remember I kept putting excuses.

18:46

I said it's October. Let me wait until after

18:47

the snowy winter season.

18:50

Wait, let me wait until

18:50

after the holidays, before

18:52

everybody like comes over. And I just kept putting all of these

18:54

excuses about the couch, and January

18:58

came, February, March, and in May, this

18:58

May, the designer texted me, and she's.

19:03

Hey, I would love to see photos. How did everything turn out?

19:06

And guess what? Walli had not bought the couch.

19:09

And I was like, why haven't

19:09

I purchased this couch?

19:12

And I started thinking, I said, is it

19:12

that I don't want this couch anymore?

19:15

Now, mind you, I had gone to the store

19:15

like six times before to make sure that

19:19

this was the right couch, but it's okay. If you want to change your mind, I

19:21

said, no, did I really that couch?

19:24

It's a nice couch. And really, when I got to the root of

19:25

it, I had this thought in my head that I

19:29

couldn't afford it, which was not true.

19:32

I literally had an account

19:32

separated for this couch, right?

19:37

But that just goes to show that

19:37

our relationship with money

19:41

is always evolving, right?

19:43

It's always changing. And we want to make sure

19:45

that we have this awareness.

19:47

A lot of times we don't, we're not

19:47

in tune with the way we feel why we

19:52

think what we think about money, right?

19:54

What were some of the things

19:54

that we learned about money?

19:57

My parents didn't tell me buying

19:57

expensive things is the waste of money.

20:01

Like they never had that conversation

20:01

with me, but there was like this

20:03

sense don't, spend your money. You could buy things on the cheap or

20:05

you can buy things less expensive.

20:09

And I love a good coupon. Like I have no, no shame in like using

20:10

a good deal and finding a good deal.

20:15

But there was like this ingrained

20:15

thought in me after many years.

20:18

And I think I have a really good

20:18

relationship with money that

20:21

even today I had that thought.

20:24

Of I can't afford the couch, and

20:24

I had to capture that thought.

20:28

I became aware that was the thought

20:28

that I was thinking, and I had to

20:32

capture and say, Do you believe that?

20:34

Is that true? Where is the proof to that?

20:37

And sometimes that's what we have to do

20:37

when we're thinking about making financial

20:41

decisions, whether it's a $5 decision or

20:41

a $5,000 decision or $500,000 decision.

20:47

It's about okay, understanding

20:47

what the numbers say.

20:51

And then also, checking in with ourselves,

20:51

checking in with our minds, our heart, our

20:56

emotions, and seeing how that also feels.

20:59

Cause sometimes we will listen too much to

20:59

our emotions and forget about the numbers.

21:03

And then other times we focus

21:03

too much on the numbers.

21:07

And then forget about whether or not

21:07

it's going to keep us up at night.

21:11

And so I think it's really important

21:11

that when we're trying to make

21:14

financial decisions, and when we're

21:14

thinking about our relationship with

21:18

money, it's really about why is it

21:18

that I believe what I believe about.

21:23

X thing, right? Like when people say it's too expensive.

21:26

Who told you it was too expensive?

21:29

Why do you think it's too expensive?

21:31

And so I know it sounds a little woo.

21:33

And I will say that when I first started

21:33

financial coaching, I'm a definitely

21:37

a money nerd and a numbers nerd. And I love talking about that.

21:41

But as I worked with more and more

21:41

people, I just kept uncovering

21:45

some of the same blocks. And it's if you don't get your mind

21:47

your money is not going to be right.

21:51

Yeah, absolutely. Mindset is probably the biggest challenge

21:52

that any coach I believe faces in any

21:58

industry, whether you're a financial

21:58

coach or you're a life coach, whatever

22:01

it is, it's always that mindset that

22:01

you have to help your clients like

22:05

overcome and get past that hurdle. One of the things you were talking about,

22:08

like it doesn't make a difference if it's

22:10

$50, $500, $1,000, $5,000, $500, 000.

22:14

It's just more zeros, and

22:14

that's the way you got to look

22:17

at it, it's just more zeros. And if you have the means to

22:19

make it happen, then forget it.

22:23

It's just more zeros. That's it. And once you can get to that point where

22:25

you can let some of that stuff go and

22:28

get over that emotional attachment.

22:30

You're going to get a lot better. There's still going to be emotion.

22:33

I don't care whether or not you say,

22:33

Oh, all my purchases are emotionless

22:38

and I'm completely, removed from

22:38

that, that, no, that's a lie.

22:41

Okay. If you were to get on a lie detector,

22:42

that thing would be going off like crazy.

22:46

But anyway I absolutely love that. So I wanted to ask you because you said

22:48

when when it came to the couch, you had

22:51

like your own account for it, right? So do you do sinking funds?

22:55

Yes, that's exactly what I did. So I had, I was like, I

22:57

don't want to go into debt.

23:00

And so I say specifically for

23:00

my home renovation fund and

23:03

that's what it was there for.

23:06

Can you explain

23:06

what sinking funds are for the listeners?

23:09

Yeah, absolutely. So a lot of times what we'll do is we

23:10

go on the vacation, put it on a credit

23:15

card, come back and then be worried to

23:15

open up our credit card transactions or

23:20

open up the credit card statement, right? And we just deal with it later.

23:24

And really to avoid that one of the

23:24

ways to avoid or minimize that, right?

23:28

Maybe even eliminate that is to yeah.

23:31

Save little by little

23:31

until you reach your goal.

23:34

So if next year you're going to take

23:34

your family on a vacation, maybe go

23:38

visit Mike down in Hawaii, right?

23:40

You know that you're going to

23:40

go ahead and have that vacation.

23:44

Think about, okay, this is the

23:44

amount of money that we probably

23:47

need and then divide it by the number

23:47

of months or the number of years

23:52

that it will take you to get there. So this could be done.

23:54

For whether or not, again, you're

23:54

making a $500 purchase, a $5,000

23:58

purchase, or if you're saving for

23:58

your first home down payment, right?

24:02

And so a sinking fund, literally, I say

24:02

it's an encouragement suspense, because

24:07

once you hit your goal, then you can

24:07

feel confident in spending that money.

24:12

Now, I will say some of my

24:12

clients have It's finally safe

24:16

for their first vacation, and

24:16

then the mind drama comes, right?

24:20

So if they were used to spending $3,000

24:20

on a vacation, and now they say $3,000

24:26

and they see that lump of, that sort

24:26

of that sum of money now the mind

24:30

drama happens of Oh, we can't spend

24:30

$3,000 on a vacation when they used

24:34

to spend the same amount of money. Or more because they were

24:36

paying fees and interest.

24:39

And they were just swiping the card. There was no numbers in front of them.

24:42

There was no numbers in front of them. So there will be, this is again,

24:44

back to where we started, which is

24:48

like that relationship with money

24:48

and how we interact with money and

24:52

like building that healthier habit.

24:55

So a sinking fund is essentially if you

24:55

have a goal to, save 1, 000 Christmas is

25:01

right around the corner of the holiday

25:01

season is right around the corner, right?

25:05

We're talking about November,

25:05

December, January, some of

25:07

the most expensive months. It's what's coming how can you make sure

25:08

that you leave that time period you enter

25:15

the new year with that The least amount

25:15

of damage possible and one of that is by

25:20

thinking okay How much money do I need

25:20

to save every week or every paycheck or

25:25

every month until the holiday season?

25:28

So that I can have that money

25:28

and be able to spend it.

25:31

Guilt free because i've

25:31

actually planned for it.

25:35

Yeah, I,

25:35

Walli, I absolutely love that.

25:37

And that's why I wanted to bring up sinking funds. Because when you described that, I was

25:39

like, it sounds like sinking funds to me.

25:42

If you go to my YouTube channel,

25:42

like that's literally like my

25:44

intro video is a TikTok that I

25:44

did where I was explaining sinking

25:47

funds to another version of myself.

25:49

And because sinking funds for me has a

25:49

very special place in my heart because

25:54

it's actually how I paid off all my debt. Yes.

25:56

I did the snowball method and

25:56

everything, but when it came to Keeping

26:00

everything else afloat, sinking funds

26:00

is what made that happen, right?

26:03

Like I had my own account

26:03

for the pets and the vet.

26:07

I had my own account for the

26:07

car payment and car maintenance.

26:10

I had my own account for the the

26:10

mortgage or the rent, wherever

26:13

we were living at the time. I had another account for, we had like

26:14

fun money account where this is the money

26:18

that we can use to spend on the month to

26:18

go out to eat or to do something with the

26:22

kids, go to the movies, whatever it is. And of course that one did not get

26:24

enough, as much love as all the other

26:27

accounts, because that was the, the

26:27

tightening up and being frugal part of it.

26:31

But at the same time. It's one of those things, like what

26:33

you pointed out there, with the family,

26:36

with the vacation and they, they spend

26:36

$3,000 and all of a sudden they see

26:40

that money there and it's oh wow,

26:40

okay it's actually in our account.

26:44

Do we really want to spend this? So sometimes it could be like

26:46

a double edged sword, right?

26:49

Because you're like, you

26:49

saved for that vacation.

26:51

You earned it. And now it's time to go execute that.

26:55

But now you're having second thoughts. Cause you're like. I could put this money into something else

26:57

or maybe I could dump it into more debt,

27:01

or maybe I can invest it into something

27:01

and, so you start asking those questions.

27:05

One of the things that I look at

27:05

is if you have a month, have that

27:08

money in a specific account for that

27:08

specific thing, that's what it's for.

27:11

So go treat yourself. Don't beat yourself up about it, and.

27:15

You earned it, right? I, one of the things I always love to

27:16

talk about is celebrating small victories.

27:20

If you pay off a credit card balance

27:20

or anything like that, take a little

27:24

bit of extra cash, go out to dinner,

27:24

go celebrate, because if you sit

27:28

there and you start paying all these

27:28

things off and you find yourself.

27:32

Not celebrating your wins

27:32

and you're just back to back.

27:35

Okay. I'm just going to pay this off. I'm going to pay this off. I'm going to pay this off.

27:37

It starts to become very monotonous

27:37

and very, not something you're

27:41

having too much fun with. So if you go,

27:44

yeah, like

27:44

a road to deprivation.

27:46

Yes, exactly. Don't deprive yourself.

27:49

Right? And there's a difference

27:49

between, short term sacrifices.

27:53

But also I, and I will say that frugal

27:53

in your way to wealth is possible.

27:58

100%. I don't know about you, Mike, but I don't

27:59

want to be frugal my way to wealth, right?

28:03

I want to spend money on the things

28:03

that I value unapologetically.

28:08

And then the things that I don't

28:08

really care about the things that are

28:11

sucking my energy and sucking my time.

28:13

Okay. And, that I don't even remember

28:14

that I don't care about.

28:17

I don't want to spend money on that. And so it's really picking out

28:18

the things that you do value.

28:22

And I will say, to your point of

28:22

sometimes it can be a double edged sword.

28:25

If you've saved for a specific goal and

28:25

now you're like, Oh, should I release it?

28:29

This really happens. And I will give my clients a homework

28:31

assignment of coming back from that

28:35

vacation with 0 in that account.

28:37

Because sometimes it's like learning

28:37

also how to spend money and this we

28:42

can see even we were talking before

28:42

this, the financial independence

28:46

retiring early community, right? We get so focused on the

28:48

accumulation phase, right?

28:52

And then we want to go on the preservation

28:52

phase and totally forget, the whole

28:56

reason you're doing that is so that

28:56

you can spend money right so that

29:00

you can live the life that you want

29:00

so you can have that life design.

29:05

And so it is really important to

29:05

make sure that I hate using the word

29:10

balance because I don't think things

29:10

can really 100 percent be balanced,

29:14

but I think it's about valuing

29:14

right make sure you are valuing.

29:19

That you're spending money on the

29:19

things that you're valuing and

29:22

understand what it is that you value.

29:24

And no one can determine that for you. Only you.

29:28

Yeah. Absolutely love that Walli, because

29:28

it's all about, the decisions

29:32

and choices that you make. And what's important to you, right?

29:36

What you're going to use that money for, right? What is the important things?

29:40

That, that you find valuable in your life.

29:43

And that's why I want to ask you too. So as a coach I've seen a lot of folks

29:45

that have some serious debt and they're

29:49

like, Hey, my goal is to pay off all of

29:49

all of my debt before I start investing,

29:54

what are your thoughts on that? What if somebody is in debt, but

29:55

they want to start investing while

29:59

continuing to pay down their debt? What would you say to somebody

30:00

that, that approach you like that?

30:02

Because I feel like I know what your

30:02

answer is going to be just based off

30:05

the conversation we've been having and

30:05

talking about what you value in life.

30:09

But I'm curious, if you've

30:09

actually ever had to deal with

30:11

that at all too with any clients.

30:13

Yeah, I definitely

30:13

have some people who have six figures

30:17

of debt and they're like usually

30:17

it's from student loans, right?

30:20

So they have six figures of student

30:20

loan debt and they're like, look,

30:23

I'm gonna have that debt for a long

30:23

time, but I wanna be wealth building.

30:26

And they've made that decision to do both.

30:28

But then I have some clients who are like,

30:28

I don't know what's the best decision.

30:33

And again, I think we have

30:33

to go back to the why.

30:36

Cause being debt free for the sake

30:36

of being debt free is all cool, but

30:41

is that going to keep you motivated? And is that going to let you live

30:43

the life that you want to live?

30:46

Not just today and tomorrow, but five

30:46

years from now or 20 years from now.

30:51

So I think, What's the math behind it?

30:54

Sure. We can go over the math. So if you focus on paying debt

30:55

first, this is what it looks like.

30:58

And then you waited to invest. This is what that looks like.

31:01

And of course we know the sooner you

31:01

get started investing, the better it is.

31:07

But I think, looking at what those numbers

31:07

actually are, what would it look like?

31:11

Okay. If I maybe had to pay off my

31:11

debt a little slower, right?

31:15

And do it a little slower, but I'm

31:15

also building wealth on the other end.

31:19

Can I do that? And what those numbers will look like

31:20

and really understanding what is it

31:23

that you want to accomplish, right? Is your goal to retire early?

31:27

Is your goal to be financially independent? Is your goal to, be work optional, right?

31:32

So really understanding, and

31:32

sometimes clients don't know this.

31:36

I think. Somewhere between when we're born

31:36

and when we get to adulthood, like

31:41

we are taught that dreaming is bad.

31:43

And so even trying to figure out what

31:43

a goal looks like can be a little

31:48

nebulous, can be a little hard, right? People like, okay if I could just

31:50

pay off this credit card debt,

31:53

like I'll be happy with that. And I'm like, okay, great.

31:56

What about if you could pay off

31:56

that credit card debt and also

31:58

have an emergency fund and also

31:58

have a nice nest egg there?

32:03

What would that feel like? People, if you've been stuck in that

32:04

sort of if you've been stuck in that

32:09

overwhelm and also avoidance feeling.

32:12

It can be hard to even think

32:12

that is possible, right?

32:15

And, but that's what makes

32:15

our job so wonderful, right?

32:17

Is like showing people the

32:17

possibility of their options, right?

32:22

Of what their options look like.

32:25

Walli, absolutely

32:25

love that because, and that's very

32:28

refreshing to hear because there's a

32:28

lot of times I've talked with other

32:31

financial coaches, they're like, Oh no. Always got to pay off the debt first.

32:34

I was going to pay off the debt first. Like they're very in that. That Dave Ramsey mode, right?

32:38

And I get that to a point, right? If there's, if you have some really high

32:40

interest credit card debt, definitely

32:45

want to get rid of that ASAP, because

32:45

even if you're investing in something

32:49

that's giving you a 12 to even 15 percent

32:49

return, you're still losing money at

32:52

that point with the credit card debt. So yeah, so there's certain things, but

32:54

then if you have a debt consolidation

32:58

loan, it's got a lower interest rate

32:58

and you're still wanting to invest.

33:01

There's. Everyone has a different goal, right?

33:06

And what matters is that, can you

33:06

show them a way to reach their

33:11

goals while still doing both?

33:14

And if you can, then that, that would be

33:14

the best route for you, because if that's

33:18

what you want to do, but it all comes

33:18

down to the person themselves they have

33:22

to stand up and make that decision, right?

33:25

As, as a coach, you can

33:25

only sit here and say, Hey.

33:28

This is a great option that might

33:28

be best for you, but you're the

33:31

one that has to make that decision. You're the one that has the toughest

33:33

job of all, because you're the one

33:38

that has to actually say, okay,

33:38

this is what I'm going to do.

33:42

And I feel like a lot of times people

33:42

think no, my coach will tell me I'm good.

33:45

I'm good. I just, I listened to what the coach says. You could listen to the coach all

33:47

day, but you have to be the one taking

33:51

the action and making the decision. Your coach is not there when you're

33:52

out at target and you decide to

33:56

go get, an extra Starbucks venti

33:56

something, $30 drink, right?

34:02

Your coach isn't there. Your coach isn't there when you decide

34:03

you want to go get a new outfit, right?

34:07

So it's a matter of. What are the decisions that you're making?

34:10

One of the things that I also had to,

34:10

and I want to bring this up to back

34:12

to the sinking funds is we even had,

34:12

we had sinking funds for clothing.

34:16

So like we knew, like we need to spend

34:16

however much on clothing each year.

34:20

This is what we did. So we put that money to the side.

34:22

So when we did have to go get a new

34:22

outfit or something like that, boom,

34:26

it was there or kids getting ready

34:26

for school and stuff, money's there.

34:30

I feel like there's so much. That you can do, but it all goes back to

34:32

the person making the decision themselves.

34:39

Yeah, no, absolutely. You don't get your adulting

34:41

card taken away from you.

34:45

I like that. I like that.

34:46

When you're working

34:46

with a financial coach, right?

34:48

I like, when people try

34:48

to describe what is that?

34:52

What do you really do when you're

34:52

talking about like financial coaching?

34:54

Is it like financial advising? What is it?

34:56

And I say.

34:57

So actually can you tell me what is the difference between what you do as a financial coach

34:59

and somebody who's a financial advisor?

35:03

Sure. So one of the things that I do not do

35:04

is that I do not sell insurance and

35:08

I do not I cannot sell investments or

35:08

money management or anything like that.

35:12

So I don't sell products. When you normally when you talk to a

35:15

financial advisor, they tend to want to

35:21

they tend to be a money management firm. And so they might sell you a couple

35:23

of investment or insurance products.

35:27

And That's cool and fine, but they're not

35:27

going to give you like that educational

35:32

component or help you understand why.

35:35

And I think that with financial

35:35

coaching, it's different than a

35:38

financial educator or financial teacher. Cause I think there is an

35:41

education component to it.

35:43

I have a teacher's heart. So I love to introduce my

35:44

clients to new concepts.

35:47

So there is that financial literacy

35:47

piece, which is, I don't know about you,

35:51

Mike, but I don't know what New York

35:51

City public school you went to, but I

35:54

didn't have that class in school, right?

35:57

We didn't learn.

35:57

Definitely did not have that class either.

36:00

Yeah. So we don't really learn

36:00

about personal finances. So I think that financial literacy piece

36:02

is really crucial, but the piece that's

36:07

missing from there is the application

36:07

and the implementation of the techniques.

36:12

And the techniques and concepts

36:12

that we're learning, right?

36:15

And again, that money mindset,

36:15

peace, understanding why we behave

36:21

with money in the way that we do. Why is it that we interact

36:23

with it in the way that we do?

36:26

And I don't want to understate

36:26

it's not just how you spend money,

36:30

but also how you earn money. That's why when we were talking

36:31

about hustle culture, right?

36:35

I want to be careful with using that word

36:35

because there's some people who think

36:38

that the only way to do it is like burning

36:38

themselves to the ground, forsaking

36:43

relationships, family, ties, and that

36:43

is a way to build wealth in one area.

36:51

But then what about the wealth

36:51

of your relationships, right?

36:54

You lose so much more.

36:55

Yeah. And so we just want to make sure that

36:56

we're earning it and spending it in

37:00

ways that really bring us joy, right?

37:03

When we talk about value,

37:03

it's what brings you joy.

37:07

When you think about what

37:07

you want your life to be.

37:09

Yes, to look like, but also to feel like

37:09

when you wake up in the morning, when

37:14

you reflect on the last seven days, 30

37:14

days, one year's worth of time, what

37:20

do you want to feel about your life? And money is again, very neutral.

37:25

It's laden with emotion, but it's

37:25

a tool that we can use to help

37:29

design the life that we want. And so with, this is why this is where

37:31

financial coaching and a financial coach

37:37

really can help you understand that

37:37

I have some clients who actually have

37:41

financial advisors and we work together.

37:43

So when they have questions

37:43

about yeah, the financial advisor

37:46

said this, I don't know why. What does that mean?

37:49

We can talk about it. What does it make them feel like?

37:51

Give them that education piece. And then they feel more confident, right?

37:55

Rather than feeling I'll just not done.

37:57

I was going to say diverge, but

37:57

give them the opportunity, give

38:01

them the hold of the range, right?

38:03

Like you take them control. Yeah, you don't want to give

38:06

them all of the control.

38:08

Nobody's going to care about your money.

38:10

Nobody's going to care about the life

38:10

that you're living more than you,

38:14

but you have to understand why you're

38:14

making the decisions with your money

38:19

and choosing the funds or buying the

38:19

product or whatever the case might be.

38:22

Why are you doing that? And does that align with the

38:24

vision you have for your life?

38:27

Yeah, I love that. That's the question you have to ask yourself. Why?

38:30

Why are you doing what you're doing? And then at the same time, I really

38:31

like what you pointed out too,

38:34

with the hustle culture piece. Like it's not about, always

38:36

hustling and burning yourself out.

38:40

There has to be some type

38:40

of balance in there, right?

38:42

You need to look at your, the

38:42

entire picture of your life.

38:46

Money's just a piece of that. There's still so much more with

38:49

relationships, spirituality,

38:52

like so many different things

38:52

that make you who you are.

38:56

So don't lose sight of this

38:56

other side because you're just

39:00

focused on the money over here. And I stress that because

39:01

I've been there before.

39:05

Like I've Been to the point

39:05

where I was just hustle hustle,

39:07

and just working and grinding. And then realize that, Oh man, I forgot,

39:09

Hey, my family's still over here.

39:13

They still need me too. And I'm just, I'm bringing that

39:15

up from personal experience.

39:17

It's super important to make

39:17

sure that you balance it out the

39:20

best way that you possibly can. And remember why you're doing,

39:22

sorry, why you're doing been.

39:30

Absolutely amazing. And now I'd like to take this into

39:32

something that I call the final round.

39:36

It's where I'm going to ask you the

39:36

same four questions I ask everybody

39:38

that comes on the show and it gives

39:38

us a, just a good idea of how you are

39:41

under a little bit of pressure, which

39:41

I think we all see and already know

39:45

that you're going to crush this thing. So if you're ready to go,

39:46

we'll get that party started.

39:49

Let's go.

39:50

All right, let's do this. All right. So Walli, first question of the final

39:51

round, what's the biggest mistake

39:56

you've ever made when it comes to

39:56

your finances or business life?

40:00

Okay, one of the biggest

40:00

mistakes that I made was I was in

40:04

the process of buying a triplex and

40:04

this was a case where it was it was a

40:10

short sale and we wanted to purchase.

40:14

It was like a triplex. My family, most of my

40:15

family now live in Florida.

40:18

And so I was like, okay, I will. Rent two places out and then the other

40:20

long term rentals and the other one I'll

40:24

have as a short term rental So when i'm

40:24

visiting florida, I can be there and

40:28

we kept going back and forth with the

40:28

numbers And of course, I just wanted

40:31

to say tell me how much you want and

40:31

finally, I just said, you know after

40:37

counter offers and things like that. I just gave up because I just didn't

40:39

know what they wanted Come to find

40:42

out the I think they wanted like an

40:42

additional $12,000 and it sold for

40:48

an additional $12,000 and that sucked

40:48

because that rental property ended up

40:53

selling they divided it and they ended

40:53

up selling for Six times more than

40:58

what I would have purchased it for. And it was like, Oh my goodness,

40:59

I should have just hung in there.

41:03

Yeah. You know what they say, right? The best time to buy real

41:05

estate was 20 years ago.

41:07

The second best time is today. So every time you're in a

41:08

situation like that, it's yeah.

41:11

So yeah, I definitely feel that it

41:11

hurts, but I appreciate your transparency

41:16

there and sharing that with us. Okay.

41:19

Walli, the next question you're

41:19

gonna see, these all kind of tie

41:21

into each other is what is something

41:21

that you've learned that you wish

41:25

you knew when you first got started?

41:29

The journey is going to go

41:29

way faster than you could even imagine.

41:33

I think I. Even though I knew what the numbers

41:35

would say and I, even though I knew what

41:39

was possible, I think I still worried

41:39

and, just, it's not worth spending

41:45

your life's energy worrying, right?

41:47

And this really ties into the power

41:47

of investments and then the power

41:51

of compounding interest, which many

41:51

people have talked about on this show

41:55

already, but it's really, the journey

41:55

is going to go by so much faster.

41:58

So you have to enjoy the present.

42:03

Yeah, I love that. I think that's the first time

42:04

I've gotten an answer like that.

42:07

When I ask people like what they've

42:07

learned and something that they,

42:09

I, that they wish that they knew

42:09

when they first started out and

42:12

that, be present in the moment. That is, that's powerful.

42:15

I really appreciate that. All right, Walli.

42:18

Next question. Do you have any tips or tricks that

42:19

you would recommend to someone that

42:23

is just getting started out today?

42:26

All right. Start with $10, start with $25.

42:30

Don't think that you need to

42:30

start the investment journey.

42:33

And we haven't even talked about

42:33

what specific type of investments,

42:36

like this could be real estate. This could be business.

42:39

This could be entrepreneurship. This could be stock investments, right?

42:43

But today, more than

42:43

ever, It's so much easier.

42:47

The barrier to entry is so much lower.

42:49

And sometimes we feel like I

42:49

don't have X amount of dollars.

42:53

We'll start with what you have.

42:55

Really get intentional about, again,

42:55

just like you separate money for food and

43:02

transportation and going out and concerts

43:02

and sporting events, have a line item.

43:07

That's your opportunity fund. That's your investment

43:10

fund for building wealth.

43:13

Absolutely love that. Absolutely love that.

43:16

All right, Walli. All great recommendations and, I really

43:17

appreciate the fact that we didn't get

43:21

to go into some of that stuff, but I

43:21

appreciate that you brought that up

43:24

because that is super important to know

43:24

that you don't need to start off just

43:28

dumping all your money into investments. It could be little things, just

43:29

little, just get started, right?

43:32

Just. What you're comfortable with, right?

43:35

And it helps you get into that mindset of

43:35

starting to save and invest and let your

43:41

money earn more money for you, right?

43:43

You're employing those dollars

43:43

to make more dollars for you.

43:46

So I think that's super important

43:46

and I really appreciate that.

43:49

Okay. Final question of the final round, and

43:50

this is just an opinion thing but do you

43:54

have a favorite business investing or real

43:54

estate related book or podcast or both?

44:00

Okay, so one of the first

44:00

podcasts that I listened to that really

44:05

gave me my PhD in like in Walli's

44:05

finances was a podcast called Afford

44:12

Anything by a woman named Paula Pan.

44:15

The podcast is still going strong today.

44:18

It's a fantastic podcast. I love it. I still listen to it.

44:21

But the book that changed my life

44:21

and really helped me to understand.

44:26

And we talked about this before I

44:26

have real estate, I'm a business owner

44:30

and I'm a stock investor, and I love.

44:32

All three of them for different

44:32

reasons, and they all have

44:35

challenges for different reasons. But I have to say, I prefer

44:38

stock investing, not trading.

44:42

I'm not talking about day trading. I'm talking about long term investing.

44:46

And the book that really helped make

44:46

this simple for me was called the

44:49

book The Simple Path to Wealth by J.

44:52

L. Collins. It's a short read.

44:56

It's one of the books that I've given out.

44:58

The most, I just, the first year

44:58

that I read this, everybody got one

45:03

for Christmas and their birthdays. Cause it was just a book

45:04

that transformed my life.

45:07

But the simple path to wealth by J.

45:09

L. Collins is a fantastic book.

45:12

All right. Fantastic recommendations.

45:14

Thank you so much for that. Actually, that's the second time

45:15

somebody's recommended afford anything.

45:19

So that's, I definitely need

45:19

to add that to my podcast.

45:21

Listen to list. And then also the books, the

45:22

simple the simple path to wealth.

45:25

I've heard that recommended before too. That's actually already on my

45:27

list, but I think I'm going to

45:29

bump it up now, especially after

45:29

the way you just described it.

45:31

Definitely appreciate those recommendations. Now that is it for the final

45:33

round, Walli, but I do have

45:37

another question I want to ask you. And this is probably going to be the most

45:39

important question I ask you throughout

45:41

this entire interview because people were

45:41

listening and they said, man, she gets it.

45:46

She gets me. I need to get better with

45:47

my relationship with money.

45:49

I want to know more. So where can people find

45:51

more information about you?

45:53

Do you have a website you could share

45:53

with us, social media, anything like that?

45:57

And of course, where can people

45:57

find your coaching services?

46:01

Yeah, so you can go

46:01

to my website, all of my socials, a

46:04

little bit about me, a little bit about

46:04

what I offer, everything is there,

46:07

which is financiallythriving.com, and

46:07

I'm most active on Instagram, so I'm

46:13

financially underscore thriving there,

46:13

and I share tips, videos, things like

46:17

that on Instagram, but financially

46:17

thriving on almost any platform.

46:23

All right. Absolutely. Love that. Walli. Thank you so much.

46:26

I'll make sure that those notes are in

46:26

the, those links are in the show notes.

46:29

So it's easy for people to just

46:29

copy and paste or click away that

46:33

way, they could find you right away. They'll, the only thing I ask

46:35

is that if you're driving right

46:37

now, please don't do that. Wait till you're in a safe place.

46:40

Stay safe people. Absolutely.

46:43

Walli, I want to thank you again

46:43

so much for taking your time today

46:47

to join me on the podcast, Have

46:47

a great conversation and share.

46:51

Your wisdom with our listeners. It was absolutely amazing.

46:54

And I had a great time. So thank you so much.

46:56

Thank you for having me. I really appreciated it.

46:59

Absolutely. And hey, I also wanna thank all

47:00

of my listeners for joining me and

47:02

our special guest, Walli Miller, on

47:02

the Average Joe Finances Podcast.

47:07

Go leave us a five star review and tell

47:07

us what you liked about today's episode

47:10

with Walli Aloha from Hawaii and from New

47:10

York, and have a great rest of your day.