On Take it to the Bank,
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you'll find ways
to get out of debt.
00:00:02.73\00:00:05.50
Solve your credit card problems.
00:00:09.60\00:00:14.64
How to make and
stick with the budget?
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Simple ways to save.
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Buying or selling a home
and many more financial matters
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on Take it to the Bank.
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Hi, my name is Cordell Thomas,
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and this is Take it to the Bank.
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Welcome to you and
I have my wallet out
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so there's a
purpose for it being out.
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We're discussing today
about some of the things
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that you should not
carry in your wallet,
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some of the
things you should not do
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from a financial standpoint.
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What is the critical
think on money that you have
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that you would like to share,
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and I would ask you to
even to go to our website,
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you know, sign in, give
us some contact information,
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give me some feedback,
which you have been doing.
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Some of you have called
about items such as credit,
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my credit repair,
credit rebuilding,
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many of these type of issues
which are important issues
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as we look at our overall look
at how we deal with our money,
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and what are
critical thought processes
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in buying
something and doing things.
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Now, many of us have
concerns about custom service
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when we go and buy something,
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we didn't get what we expected.
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Those are some of the
top customer complaints
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that we have and warranty items.
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We were told at
some point in time
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that cars, the quality of
cars didn't start going up
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until competition
started happening.
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People are
competing all the time
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and they are
competing for your attention,
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so no matter who you are,
they are willing to talk to you
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because if you have
the revenue or the money,
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the funds, cash is king.
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Did you know
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that there are things
that you can get for free?
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Did you know there are
programs that are out there
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that are target towards people
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who make between
30 and $45,000 a year
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that provide them
access to free money?
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Wow! What did I just say?
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Free money, which
is a great investment.
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There are programs out there
that provide you an opportunity
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to actually have your
savings match to, two to one,
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three to one, four to
one in some instances.
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We have some programs
in southern California,
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where we had people
line up and begin the process
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of getting to
habitual savings process.
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And once they
save a certain of money
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what get to their objective,
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their money is
matched two to one.
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So, you could save a $1000
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and you have
$2000 match to that,
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you have a total of three,
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and we are knowing now
that it works, it works.
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And people in your--
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in some of our situations
where we may be challenged
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from a revenue or
income standpoint,
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I think there are
several things that can be done
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to help you change
the mindset that you have
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and move towards becoming
more, taking more ownership
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of who you are as a father,
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as a caretaker of the home
that you've been given to do.
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So, many of these
things that we talk about,
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I'm throwing out
hints right now to you
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because all you need to do is
connect with me on the website,
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give me a call, and
I will share with you
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specifics about
websites and places you can go,
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to get access to
these type of services.
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Did you know that
if you buy glasses,
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how much they typically cost?
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You can buy
glasses for 150, $200.
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There are places that you can go
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to get free eye glasses
or glasses that cost 695,
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and these are not cheap glasses
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and it just, and it
does include the lenses.
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Did you know there are ideas,
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there are different
hints that you can find out
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about how you can
bypass all of the messaging
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then when you are
calling your bank for example.
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There are simple
tools you can use.
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There are apps
that are out there
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that help you
wait in the sequence,
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so you don't have
to sit on the phone
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and listen to music.
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You can go do your thing
and it will call you back
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when you are ready,
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they are ready
to speak with you.
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Did you know that if you go
to any major type of building
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type of retail store
that they have the ability
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right there in front of
you to give you discounts,
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if you ask for them?
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Did you know that
medical billing organisations
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hate to bill through
the insurance company,
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and are willing
to check with you
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and give you up to 50%
discount on the services
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that they provide from
the medical standpoint?
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For example: If you wanted
to get a medical check up,
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you could go to specific website
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and check what
typical physicals cost.
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And then you go
into that organisation
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and talk to the
biller, talk to that individual
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and say, "Hey, you know what,
00:05:09.47\00:05:10.81
I don't want you to bill
this through the insurance,
00:05:10.84\00:05:12.34
but I would like
to pay cash for it,
00:05:12.37\00:05:13.71
can you give me discount?"
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And guess what they can do.
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They can give you
up to a 50% discount.
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Many little things
that we don't know about
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that can give us an opportunity
to save in many different ways
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moneys that we
will typically pay out
00:05:26.82\00:05:28.82
or could be charged
through our bottom-line.
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One of the other things that
people are not quite aware of
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is the opportunity
you have not only to save,
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but to think
through the different items
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on your budget and
figure a way to save.
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Do you really need a
landline if you have smartphone?
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Because people can
find you wherever you are at
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with your smartphone,
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and you can take
calls at home also.
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So why do you pay
for both a landline,
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and a smartphone?
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Little things if you think about
00:06:03.36\00:06:04.86
or the context of I
have internet access
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with the super
speedy type of broadband,
00:06:09.63\00:06:13.17
so I can get
downloads very quickly
00:06:13.20\00:06:16.14
and also at the same
time I can get Voice over IP,
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which means
internet based phone service,
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which can be a
lot less expensive
00:06:23.61\00:06:26.05
than land based phone service.
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And many of us,
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when you take a look
at the budgets that we do,
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we see people
that have all three,
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and they are spending
well over $250 a month
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for just phone when
they could limit their costs
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maybe $90 or $100 a month.
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When you look
at what's out there
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and you research
of what you need,
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then you can make
decisions accordingly.
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And those are the things
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I want us to
start thinking about,
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as we look at making decisions
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about what we carry in a wallet,
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we go back to the
critical think on money.
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Why do we ask that
additional question?
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Why do we talk to
these different elements
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of what are
important to have with you
00:07:06.65\00:07:08.52
and what are important to avoid?
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The reason why we do it this way
00:07:10.53\00:07:12.06
is because we go back
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to the same
context of a question
00:07:14.16\00:07:16.46
I always ask
people in our classes.
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What question would you ask
00:07:19.80\00:07:21.44
if you were asked to
invest in a barber shop
00:07:21.47\00:07:24.04
for someone that is bald?
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Those are the major questions
00:07:26.31\00:07:28.24
and the thoughts that
I bring to your attention
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because as we begin to think
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about how we handle the
money in the investments,
00:07:32.58\00:07:34.68
the things that Christ
has given to us to manage.
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We begin to get an idea
that it's not about the money,
00:07:38.45\00:07:44.06
it's about how we utilise
the funds that we're given.
00:07:44.09\00:07:48.06
And then it becomes a
big, big process initially,
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a difficult
process to make a decision
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about what are my needs.
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What are my wants?
Why am I buying this?
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Why should I get
this? Why do I need this?
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And now we get to the context
00:08:01.44\00:08:03.45
of some of the important
questions we should ask about,
00:08:03.48\00:08:07.18
what do we carry with us?
And why do we carry it with us?
00:08:07.22\00:08:10.62
And what should we
avoid carrying with us?
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And what, why we decide
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not to carry those
items in our wallet?
00:08:14.86\00:08:17.36
Now, a wallet could be,
a wallet could be a murse,
00:08:17.39\00:08:19.76
it could be a
purse, it could be anything
00:08:19.79\00:08:21.16
that someone carries with them
00:08:21.20\00:08:22.83
with a lot of
valuable information in there.
00:08:22.86\00:08:25.77
Ask the question, same
question I've always ask,
00:08:25.80\00:08:28.30
is it valuable to carry
an extra key in your wallet?
00:08:28.34\00:08:33.68
If your wallet gets stolen,
00:08:33.71\00:08:35.14
they not only
have your home address,
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they have an extra key to
get into your address, right.
00:08:36.98\00:08:39.71
So little things that
you should ask along the way,
00:08:39.75\00:08:42.58
what if someone
say, "Hey, why don't--
00:08:42.62\00:08:44.55
I need to bring in
a lottery that I won
00:08:44.59\00:08:48.39
and I need to pay a fee to
get access to that lottery,
00:08:48.42\00:08:51.53
can you help me out?"
00:08:51.56\00:08:53.26
This is something
I got involved with.
00:08:53.29\00:08:56.93
Someone came to me
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and asked me that same question,
00:08:58.33\00:09:00.07
and then you begin to ask
the typical type of questions
00:09:00.10\00:09:03.41
that are necessary to say
00:09:03.44\00:09:04.81
is this something
that's legitimate?
00:09:04.84\00:09:06.78
Is it something that I
should get involve with?
00:09:06.81\00:09:08.71
Should I help out with it?
00:09:08.74\00:09:10.08
And I actually didn't
ask the critical question.
00:09:10.11\00:09:12.75
I just accepted the fact
and heard what the person said,
00:09:12.78\00:09:15.48
and I began and I
helped the individual initially
00:09:15.52\00:09:18.49
to get access to whatever
cash they had coming in.
00:09:18.52\00:09:21.59
And guess what?
00:09:21.62\00:09:22.96
If I would have
thought about it at that time,
00:09:22.99\00:09:24.99
I wouldn't have done it.
00:09:25.03\00:09:26.36
After the fact I thought about,
00:09:26.39\00:09:27.73
"Why did I just give
that person some money
00:09:27.76\00:09:29.36
to help get something
00:09:29.40\00:09:31.93
that you
shouldn't have to pay for?"
00:09:31.97\00:09:33.44
'Cause legitimately
00:09:33.47\00:09:35.17
if you're
getting money transferred
00:09:35.20\00:09:36.77
into your bank account,
00:09:36.81\00:09:38.14
all the bank would do
is take from the proceeds
00:09:38.17\00:09:41.84
that go into your account,
the fees that are necessary,
00:09:41.88\00:09:44.55
and it's a smooth process.
00:09:44.58\00:09:45.91
So I always ask
those type of questions
00:09:45.95\00:09:48.15
and I ask you to ask the
same legitimate questions
00:09:48.18\00:09:52.05
that are necessary to get
down to the core of the matter
00:09:52.09\00:09:57.79
which is,
00:09:57.83\00:09:59.33
what is the critical
question I should ask of you,
00:09:59.36\00:10:01.86
if you are asking me for money?
00:10:01.90\00:10:04.00
Those are the issues.
00:10:04.03\00:10:05.37
So now, I go to
what we're talking about
00:10:05.40\00:10:08.07
the critical think
on why we should carry,
00:10:08.10\00:10:10.97
we shouldn't carry
certain things in our wallet.
00:10:11.01\00:10:13.94
What are some items that
we should avoid carrying,
00:10:13.98\00:10:16.61
and we went to those
same young people and said,
00:10:16.64\00:10:19.35
ask the same question.
00:10:19.38\00:10:20.95
What are the items
00:10:20.98\00:10:23.18
that you should avoid
carrying in your wallet?
00:10:23.22\00:10:26.29
And it's
interesting how they responded,
00:10:26.32\00:10:28.96
and we will go
from their answers
00:10:28.99\00:10:31.19
and explains in more detail.
00:10:31.23\00:10:34.10
Do not carry my
social security card number,
00:10:34.13\00:10:37.57
I memorise that,
00:10:37.60\00:10:38.93
so if I ever need
it, I just know it.
00:10:38.97\00:10:41.07
And I don't carry any
passwords like reminder words,
00:10:41.10\00:10:47.04
so I keep that and as well,
00:10:47.08\00:10:48.88
I don't carry like
any personal information
00:10:48.91\00:10:51.71
like a birth
certificate or passport.
00:10:51.75\00:10:53.42
I don't carry any of
that in my purse either.
00:10:53.45\00:10:57.92
Should avoid
carrying in your wallet,
00:10:57.95\00:10:59.65
your passport, your
social security card,
00:10:59.69\00:11:01.69
those are like
very critical elements
00:11:01.72\00:11:03.56
you need to
survive in this country.
00:11:03.59\00:11:06.09
And you don't want to
lose that very easily.
00:11:06.13\00:11:08.43
You also don't want to carry
00:11:08.46\00:11:09.80
like your
checking book information,
00:11:09.83\00:11:11.17
your bank information
00:11:11.20\00:11:12.53
or any other information
that it's very personal
00:11:12.57\00:11:14.94
and then, it can
be harmful to you
00:11:14.97\00:11:19.87
if somebody were to
get that information.
00:11:19.91\00:11:23.48
You should avoid
carrying in your wallet
00:11:23.51\00:11:25.41
any extra personal information
such as social security number,
00:11:25.45\00:11:30.12
alien identification number,
00:11:30.15\00:11:33.12
any, probably too personal
credit card information,
00:11:33.15\00:11:37.73
you know, birth
certificates and too much cash
00:11:37.76\00:11:43.87
I believe it's very dangerous
for you to be carrying,
00:11:43.90\00:11:47.57
you know, thousands
of dollars in your--
00:11:47.60\00:11:49.77
I mean in your wallet
00:11:49.80\00:11:51.14
because, anyone can
rob you at any time.
00:11:51.17\00:11:57.98
You should avoid carrying
00:11:58.01\00:11:59.35
your social
security number card,
00:11:59.38\00:12:01.92
and your banking information,
00:12:01.95\00:12:06.39
like your account
number and all that.
00:12:06.42\00:12:11.43
And that's on
your birth certificate
00:12:11.46\00:12:14.60
because you don't
need anybody knowing that
00:12:14.63\00:12:17.17
unless you
really, really need it for
00:12:17.20\00:12:18.77
like a job
interview or something,
00:12:18.80\00:12:20.57
which I doubt it but, yeah.
00:12:20.60\00:12:23.87
Do not carry a pocketknife
in your wallet for sure.
00:12:23.91\00:12:27.48
That answer caught me off guard.
00:12:33.65\00:12:35.25
He is a very smart young man,
00:12:35.28\00:12:37.15
and what he says
is very accurate.
00:12:37.19\00:12:40.42
I'm little redundant
here, but you don't carry things
00:12:40.46\00:12:42.82
that make you uncomfortable
specifically in your wallet
00:12:42.86\00:12:44.93
or whatever you carry
those important documents in.
00:12:44.96\00:12:48.20
But what's true
00:12:48.23\00:12:49.56
is the fact that we establish
certain type of guidelines
00:12:49.60\00:12:54.24
that protect us as individuals,
00:12:54.27\00:12:56.50
and you've heard what most
of those young people said,
00:12:56.54\00:12:59.07
about social security
number or social security card.
00:12:59.11\00:13:01.98
One of the biggest issues
that we have to be aware of
00:13:02.01\00:13:04.45
is that people are
looking for information for us.
00:13:04.48\00:13:06.95
So you begin to see the changes
00:13:06.98\00:13:08.32
that have
happened in the environment
00:13:08.35\00:13:10.92
such as retailers now
00:13:10.95\00:13:13.02
cannot keep your MasterCard
00:13:13.05\00:13:18.66
or credit card
information available.
00:13:18.69\00:13:21.90
So the numbers that they have
00:13:21.93\00:13:23.33
when they print
out your receipts,
00:13:23.37\00:13:25.20
only show the last four numbers
of your credit information.
00:13:25.23\00:13:29.37
But then of course,
00:13:29.40\00:13:30.74
they are not able to
really retain that information
00:13:30.77\00:13:33.11
and specifically
some of these things
00:13:33.14\00:13:36.44
that you now are educated
on, you can make certain
00:13:36.48\00:13:39.48
that people don't
keep your information
00:13:39.51\00:13:41.82
and that you're in control
of that important documentation
00:13:41.85\00:13:46.29
that you should have
and carry in your wallet.
00:13:46.32\00:13:48.86
So now, we talk about that list
of things you should not carry.
00:13:48.89\00:13:54.00
Social security number, why?
That information is critical.
00:13:54.03\00:13:58.00
A person gets your
social security number,
00:13:58.03\00:14:00.24
that means they can get your ID,
00:14:00.27\00:14:02.14
they can open up
credit in your name.
00:14:02.17\00:14:05.71
They can do a
vast number of things
00:14:05.74\00:14:08.38
and stealing your identity.
00:14:08.41\00:14:10.01
One of the big things
that I try to warn people
00:14:10.05\00:14:12.58
about in this era
of technology is that,
00:14:12.61\00:14:15.78
I don't even make
calls from my cell phone
00:14:15.82\00:14:20.86
when it has to do
with important transaction
00:14:20.89\00:14:23.63
such as talking to the bank.
00:14:23.66\00:14:26.06
That information
is not on a landline
00:14:26.09\00:14:29.06
and so that information is
out there in the atmosphere,
00:14:29.10\00:14:33.57
if I can call it that,
00:14:33.60\00:14:35.00
and so people could typically
pick up on your conversations.
00:14:35.04\00:14:38.87
There is a vast danger there.
00:14:38.91\00:14:40.51
We know of
individuals that have technology
00:14:40.54\00:14:44.61
that can follow you in cars
00:14:44.65\00:14:46.45
and listen to
your conversations.
00:14:46.48\00:14:48.92
Yes, that is available,
00:14:48.95\00:14:50.52
and would you
wanted to have someone
00:14:50.55\00:14:52.45
you have no ideas out there
00:14:52.49\00:14:54.79
finding out
information about you
00:14:54.82\00:14:56.69
and using it to
develop other person,
00:14:56.73\00:14:59.69
other identities that
can come and haunt you
00:14:59.73\00:15:01.96
in the near future.
00:15:02.00\00:15:03.33
Another concern about
social security numbers
00:15:03.37\00:15:06.23
are about our children.
00:15:06.27\00:15:08.60
The young people that can't
get access to credit as yet,
00:15:08.64\00:15:12.14
your two, three,
four, five, six year olds
00:15:12.17\00:15:15.14
are having, constantly you're
seeing stories of companies
00:15:15.18\00:15:19.05
having their
databases being hacked into,
00:15:19.08\00:15:22.55
and people
stealing that information.
00:15:22.58\00:15:24.92
You know what's interesting,
they will not report
00:15:24.95\00:15:28.12
that the database has
been hacked into four,
00:15:28.16\00:15:31.59
at least two, three weeks
up to two to three months.
00:15:31.63\00:15:36.23
And then, you get a letter
from them in the mail saying,
00:15:36.26\00:15:38.57
"We are sorry to say
00:15:38.60\00:15:39.93
that our account
has been hacked into,
00:15:39.97\00:15:41.47
and your
personal data was stolen."
00:15:41.50\00:15:45.31
And then you
have means to worry,
00:15:45.34\00:15:46.68
and then they tell you,
00:15:46.71\00:15:48.04
"Hey, but we are
providing you a free service
00:15:48.08\00:15:50.45
that will help
lock your information,
00:15:50.48\00:15:52.58
so in case somebody
is trying to utilize it,
00:15:52.61\00:15:55.68
you are able to
control it a lot better."
00:15:55.72\00:15:57.39
Well, a couple of weeks
00:15:57.42\00:15:58.75
or up to two
months have gone by,
00:15:58.79\00:16:00.59
so how secure is that?"
00:16:00.62\00:16:02.26
And there are many
people now that are reporting in
00:16:02.29\00:16:05.16
saying that their
children over the years
00:16:05.19\00:16:09.33
as they reach a certain age,
00:16:09.36\00:16:10.90
once they check on
the credit information,
00:16:10.93\00:16:13.57
they find that their
kids have a credit file.
00:16:13.60\00:16:16.94
It's not the kid's credit file,
00:16:16.97\00:16:18.31
someone has
taken the information,
00:16:18.34\00:16:20.98
and used it to their benefit,
00:16:21.01\00:16:24.35
and or sold that
credit information
00:16:24.38\00:16:27.12
all over the globe,
00:16:27.15\00:16:28.48
so other people are using
it to get access to credit.
00:16:28.52\00:16:31.02
And it's a next
big wave of concern,
00:16:31.05\00:16:34.22
that most of us
should be quite aware of.
00:16:34.26\00:16:36.83
So that's social security number
00:16:36.86\00:16:38.96
is one of critical concern,
and we should be well aware of
00:16:38.99\00:16:44.27
how we handle that information
and what we do with it.
00:16:44.30\00:16:47.90
There are some that advice
00:16:47.94\00:16:49.40
that you take your
social security card
00:16:49.44\00:16:51.94
and put it in a bank lock box.
00:16:51.97\00:16:54.54
Well, it creates a
little inconvenience
00:16:54.58\00:16:56.48
when you have to apply for a job
00:16:56.51\00:16:59.81
that needs your credit--
00:16:59.85\00:17:01.18
your social security number.
00:17:01.22\00:17:03.49
But as the young lady on--
00:17:03.52\00:17:05.92
in our interview said,
she has hers memorized.
00:17:05.95\00:17:09.82
Unless you need
to show it to any one
00:17:09.86\00:17:11.76
from an employment standpoint,
00:17:11.79\00:17:13.83
you should also make certain
00:17:13.86\00:17:15.63
that you know the
employer is a credible employer,
00:17:15.66\00:17:19.57
and it's not just
somebody that's out there
00:17:19.60\00:17:21.44
saying that
they will employ you,
00:17:21.47\00:17:23.14
just to get access to your
social security information.
00:17:23.17\00:17:26.94
Big things going on
from that standpoint
00:17:26.98\00:17:29.11
and the more people know,
00:17:29.14\00:17:30.48
and more
technology proliferates,
00:17:30.51\00:17:33.28
there's a more reason we
to stay actively involved
00:17:33.31\00:17:36.72
in protecting our information,
and protecting our data.
00:17:36.75\00:17:39.59
So don't carry a
social security card
00:17:39.62\00:17:43.22
around with you
00:17:43.26\00:17:44.59
because if you lose
that type of information,
00:17:44.63\00:17:47.56
it creates a
major, major problem
00:17:47.60\00:17:50.37
as you try to resolve and
straighten out that issue.
00:17:50.40\00:17:54.07
Number two on the
list are business cards,
00:17:54.10\00:17:56.50
and now I don't know how I can,
00:17:56.54\00:18:01.51
say that a
business card is something
00:18:01.54\00:18:03.31
you should avoid
carrying with you
00:18:03.35\00:18:04.95
except to save that if
someone steals your wallet,
00:18:04.98\00:18:07.92
what do they have?
00:18:07.95\00:18:09.92
That's the thought process
that I like you to think of
00:18:09.95\00:18:12.95
is now what do they have of you.
00:18:12.99\00:18:14.52
They have your driver's license,
00:18:14.56\00:18:16.93
if you carry
your driver's license
00:18:16.96\00:18:18.29
in your wallet, and
what does that tell people.
00:18:18.33\00:18:21.33
Well, it gives
people your address,
00:18:21.36\00:18:23.23
where you live, gives
the picture of who you are,
00:18:23.26\00:18:27.97
so now all of that
information is out there on you.
00:18:28.00\00:18:31.44
Now, they can have some means
of putting together a profile
00:18:31.47\00:18:35.21
of who you are.
00:18:35.24\00:18:36.58
They not only have
your driver's license,
00:18:36.61\00:18:37.95
they probably have
a debit card of yours,
00:18:37.98\00:18:39.31
and they have a
credit card of yours.
00:18:39.35\00:18:41.92
They also have
some other information
00:18:41.95\00:18:43.59
if you carry coupons
with you and receipts.
00:18:43.62\00:18:45.82
They can put together
a really unique profile
00:18:45.85\00:18:48.82
of who you are as an individual.
00:18:48.86\00:18:50.96
And then of course,
00:18:50.99\00:18:52.33
if you have a
business card in there,
00:18:52.36\00:18:53.70
they not know
where you live at home,
00:18:53.73\00:18:55.33
but they now also
know where you work.
00:18:55.36\00:18:57.87
So it gives them
a complete profile
00:18:57.90\00:19:00.17
of not only what you do,
where you work but it can--
00:19:00.20\00:19:04.37
they can infer how
much money you're making
00:19:04.41\00:19:07.01
based on the job
title you have on the card.
00:19:07.04\00:19:09.41
So I would tend to
think, there are other ways
00:19:09.44\00:19:11.68
of carrying around
personal information
00:19:11.71\00:19:13.75
such as a business card.
00:19:13.78\00:19:15.88
And typically you can
put your business information
00:19:15.92\00:19:18.09
in a contact form,
00:19:18.12\00:19:19.45
electronic format
on your smartphone
00:19:19.49\00:19:21.89
and you can share
with people that way.
00:19:21.92\00:19:23.79
I would tend to
think, the most important
00:19:23.83\00:19:26.49
and most valuable
outcome of keeping in that way
00:19:26.53\00:19:30.07
is that people can't put
together a complete profile
00:19:30.10\00:19:34.07
of who you are,
00:19:34.10\00:19:35.44
if in fact they are
able to take your wallet
00:19:35.47\00:19:37.67
and walk away with it.
00:19:37.71\00:19:39.11
Okay, the next thing
00:19:39.14\00:19:40.48
that I would probably
tend to ask people to look at
00:19:40.51\00:19:42.78
would be, what amount of cash
00:19:42.81\00:19:47.32
do you think is
necessary to carry with you.
00:19:47.35\00:19:49.95
Because if you carry
too much of one thing,
00:19:49.98\00:19:53.15
it can be a major loss.
00:19:53.19\00:19:54.82
So I definitely think
that as we look at what we are,
00:19:54.86\00:19:59.89
think of as an
adequate amount of cash,
00:19:59.93\00:20:02.36
consider that type of element,
consider where you live.
00:20:02.40\00:20:05.60
Remember,
00:20:05.63\00:20:06.97
that insurance on a car
is based on where you live.
00:20:07.00\00:20:09.94
If you are an
urban, in more dense area,
00:20:09.97\00:20:11.94
you're typically likely to
pay more money for insurance
00:20:11.97\00:20:14.01
than if you
live in a rural area.
00:20:14.04\00:20:15.88
The same applies for
if you live in a dense
00:20:15.91\00:20:19.91
or urban community,
00:20:19.95\00:20:21.55
you are going to have to think
more of your safety issues.
00:20:21.58\00:20:25.02
More people,
studies have been done,
00:20:25.05\00:20:26.96
more people in a
dense compact area
00:20:26.99\00:20:29.36
is more likelihood
00:20:29.39\00:20:30.73
of having some type of criminal
type of behavior happens.
00:20:30.76\00:20:34.96
So watch
yourself, protect yourself,
00:20:35.00\00:20:38.43
carry those things
that are only necessary,
00:20:38.47\00:20:41.27
and don't provide
necessary details of your life,
00:20:41.30\00:20:45.87
either electronically online
00:20:45.91\00:20:48.14
or keeping that type
of information with you
00:20:48.18\00:20:51.18
in your wallet.
00:20:51.21\00:20:52.55
One of the other things
00:20:52.58\00:20:53.92
that are really
important to think about
00:20:53.95\00:20:55.45
is how many credit
cards you carry with you,
00:20:55.48\00:20:57.92
or debit cards
you carry with you.
00:20:57.95\00:20:59.72
If I asked you that question,
00:20:59.75\00:21:01.96
the statistic show
that people were carrying
00:21:01.99\00:21:04.23
more like three to
five different type of cards
00:21:04.26\00:21:07.33
in their wallet with them.
00:21:07.36\00:21:08.70
They carry not
only the credit card,
00:21:08.73\00:21:10.93
they carry a debit card,
00:21:10.97\00:21:12.30
they carry a
retail store chain card,
00:21:12.33\00:21:14.34
they carry a gas card,
00:21:14.37\00:21:15.70
they carry a variety of
those things in their wallet.
00:21:15.74\00:21:18.07
So if people take that,
00:21:18.11\00:21:20.31
they have taken a lot
of information from you
00:21:20.34\00:21:22.84
as an individual,
00:21:22.88\00:21:24.21
and it could create
a crisis at that time.
00:21:24.25\00:21:28.08
Now, the last thing
that we, we talk about
00:21:28.12\00:21:32.12
is to avoid
carrying a check leaf.
00:21:32.15\00:21:35.66
You know, I used to do that,
00:21:35.69\00:21:37.09
just drop a check leaf in there,
00:21:37.13\00:21:38.46
because I'm gonna
probably need to use it
00:21:38.49\00:21:39.83
as I go and do certain things.
00:21:39.86\00:21:42.46
But I would say,
avoid that, because why?
00:21:42.50\00:21:45.30
They have access on a
check. What does a check have?
00:21:45.33\00:21:48.64
It not only has your
address, it has routing numbers,
00:21:48.67\00:21:51.81
it has your
checking account number,
00:21:51.84\00:21:53.64
that has information
that they can utilize
00:21:53.68\00:21:56.58
to get access to
your bank information,
00:21:56.61\00:22:00.45
this is crucial.
00:22:00.48\00:22:02.18
Many people have
had their savings
00:22:02.22\00:22:05.35
and their banking information
taken to whole new level
00:22:05.39\00:22:09.02
and it's--
00:22:09.06\00:22:10.39
They have taken the money out,
00:22:10.43\00:22:11.76
and they have
lost it completely.
00:22:11.79\00:22:14.36
I suggest that we
do one other thing.
00:22:14.40\00:22:17.83
The one other thing
that I ask you to do,
00:22:17.87\00:22:19.93
with your wallet
00:22:19.97\00:22:21.30
and the information that's in it
00:22:21.34\00:22:22.67
is make a copy of every
thing you carry with you.
00:22:22.70\00:22:26.84
Why?
00:22:26.88\00:22:28.21
Because if it is lost,
00:22:28.24\00:22:29.74
you can actually
put together a puzzle
00:22:29.78\00:22:31.55
of what you had
and what is now gone
00:22:31.58\00:22:34.58
and you could put it
together in a viable way
00:22:34.62\00:22:37.49
so that you can know who to call
00:22:37.52\00:22:39.95
as quickly as possible
to close down those accounts
00:22:39.99\00:22:42.89
before any major damage
can be done on your account.
00:22:42.92\00:22:46.63
Many people have
asked the question
00:22:46.66\00:22:48.16
of what's the right time to it.
00:22:48.20\00:22:49.66
Well, as soon as somebody,
00:22:49.70\00:22:51.43
you find out your
wallet is lost, do something.
00:22:51.47\00:22:54.60
But there are many
people that walk around with
00:22:54.64\00:22:57.24
assuming that their wallet
is in a certain specific area.
00:22:57.27\00:22:59.97
I keep my wallet in
my murse, my man's purse
00:23:00.01\00:23:03.81
or I keep my
wallet in my back pocket.
00:23:03.85\00:23:06.01
For me, I always
have to be in connection
00:23:06.05\00:23:09.42
with my wallet somehow if
I'm on a trip, why is that?
00:23:09.45\00:23:13.49
Because people can take it
out of your pocket at any time,
00:23:13.52\00:23:16.32
and the quicker
you know it's gone,
00:23:16.36\00:23:19.29
the better of you will be,
00:23:19.33\00:23:21.46
although, it can be a
very stressful situation.
00:23:21.50\00:23:25.73
The longer that happens,
00:23:25.77\00:23:28.47
the longer they
have to do damage,
00:23:28.50\00:23:30.81
and the longer they have to
create a whole new identity,
00:23:30.84\00:23:35.58
and create lot, a
lot of other problems.
00:23:35.61\00:23:39.31
One of the major items
00:23:39.35\00:23:40.68
I also ask people to do is this.
00:23:40.72\00:23:43.49
Check your credit report,
check your credit profile,
00:23:43.52\00:23:46.79
take a look at what's going on
with your personal information.
00:23:46.82\00:23:51.49
It will be interesting to
find out, if something is there
00:23:51.53\00:23:53.90
that's not supposed to be there.
00:23:53.93\00:23:55.56
You can fight
it, you can find out
00:23:55.60\00:23:57.73
what's going on with
your specific profile.
00:23:57.77\00:24:00.77
Check on specific
items in your profile.
00:24:00.80\00:24:05.71
Check on what's going
on with your personal data,
00:24:05.74\00:24:09.28
phishing scams,
00:24:09.31\00:24:10.65
and other type of scams
are out there all the time.
00:24:10.68\00:24:13.82
People are sending
viruses all over the place,
00:24:13.85\00:24:17.65
and they can get
on your computer.
00:24:17.69\00:24:19.45
And what do they do?
00:24:19.49\00:24:20.82
They track your key strokes,
00:24:20.86\00:24:22.42
and can find out information
from that standpoint.
00:24:22.46\00:24:25.96
I cannot emphasize enough,
00:24:25.99\00:24:28.66
that as we talk about the
items to avoid in your wallet,
00:24:28.70\00:24:31.83
these are items to
avoid carrying around with you
00:24:31.87\00:24:34.07
all the time,
00:24:34.10\00:24:35.44
it can provide you a
sense of peace of mind
00:24:35.47\00:24:37.51
if you know what's
going on with your information
00:24:37.54\00:24:41.01
on a real time basis.
00:24:41.04\00:24:42.94
And most people don't
have the time to do it,
00:24:42.98\00:24:44.81
until it's too late.
00:24:44.85\00:24:46.61
There is a statistic out there
00:24:46.65\00:24:48.18
that many people may not
know something is going on
00:24:48.22\00:24:51.42
with their personal
data until it's way too late.
00:24:51.45\00:24:54.72
And it takes a long time
to unravel all of the things
00:24:54.76\00:24:59.69
that can cause
damage to your information.
00:24:59.73\00:25:03.50
So those are the major things
that I would emphasize to you,
00:25:03.53\00:25:07.90
as somebody that
dwells in an inner city area,
00:25:07.94\00:25:10.61
in an urban area,
00:25:10.64\00:25:11.97
and it is of utmost
importance that you understand
00:25:12.01\00:25:17.01
how this all fits into your
personality in your profile.
00:25:17.05\00:25:20.92
If you are
discouraged about working
00:25:20.95\00:25:22.72
and you can't find work,
00:25:22.75\00:25:24.32
there are things
that can be done for you.
00:25:24.35\00:25:27.09
I will tell you this,
00:25:27.12\00:25:28.46
that the study that's
been done on self sufficiency
00:25:28.49\00:25:30.29
has told us this, that
if you can get a coach,
00:25:30.33\00:25:33.23
somebody you can rely
on, somebody you can talk to,
00:25:33.26\00:25:35.33
somebody that can
give you good advise
00:25:35.36\00:25:37.80
about critical think on money.
00:25:37.83\00:25:40.77
Then you have
somebody that will mentor you,
00:25:40.80\00:25:43.97
you have somebody
that will talk to you,
00:25:44.01\00:25:45.64
and someone who will
give you the right answers
00:25:45.67\00:25:48.74
and keep you motivated.
00:25:48.78\00:25:50.11
But there is one
other important element
00:25:50.15\00:25:51.81
that you should be aware
of, regardless of what issues
00:25:51.85\00:25:55.08
and barriers you
have to employment,
00:25:55.12\00:25:57.85
you can overcome those barriers.
00:25:57.89\00:25:59.79
You can do a lot of
great things in your life
00:25:59.82\00:26:02.72
and you can
become a happy person,
00:26:02.76\00:26:05.56
by being able to give back
00:26:05.59\00:26:08.26
and do something
for other individuals.
00:26:08.30\00:26:11.93
The thing that's most important
00:26:11.97\00:26:13.84
whatever your
barrier is, is this.
00:26:13.87\00:26:17.61
We found out that
if you can get a coach,
00:26:17.64\00:26:20.84
and you can get access
to four specific services
00:26:20.88\00:26:25.18
for your personal life,
00:26:25.21\00:26:27.42
you have a 100 percent
likelihood of succeeding.
00:26:27.45\00:26:31.32
So if you need
information on child care,
00:26:31.35\00:26:33.66
if you need
information on tax credits,
00:26:33.69\00:26:36.06
if you need information
on, on free money access
00:26:36.09\00:26:40.13
or matching savings amounts,
those answers are there.
00:26:40.16\00:26:45.13
The critical
think on money is here
00:26:45.17\00:26:46.57
to provide you those resources,
00:26:46.60\00:26:49.87
and when you have those
resources available to you,
00:26:49.90\00:26:54.51
and someone
there to motivate you
00:26:54.54\00:26:56.64
and stay with you,
00:26:56.68\00:26:58.01
as you make those
changes in your life,
00:26:58.05\00:27:00.12
you are 100
percent likely to succeed
00:27:00.15\00:27:03.95
in this issue called money.
00:27:03.99\00:27:05.82
So I take you a step
back to the beginning
00:27:05.85\00:27:07.99
and I ask you to
look at where you are at,
00:27:08.02\00:27:13.09
and then figure out
where you want to be,
00:27:13.13\00:27:16.13
whether or not right now
it's paying off that debt,
00:27:16.16\00:27:19.47
target getting
it out of the way.
00:27:19.50\00:27:22.80
Secure a budget.
00:27:22.84\00:27:24.71
You can get one
off of the website.
00:27:24.74\00:27:26.71
Download that
budget and fill it in.
00:27:26.74\00:27:29.01
Know where your
money is coming from,
00:27:29.04\00:27:31.01
know where your money is going.
00:27:31.05\00:27:33.25
The third step I ask you to
do is look into your wallet,
00:27:33.28\00:27:37.02
look into what you carry
with you on your smartphone.
00:27:37.05\00:27:40.12
Look into all of these elements
that personalize your life
00:27:40.16\00:27:44.76
and that people are
looking to take from you
00:27:44.79\00:27:47.33
to benefit themselves.
00:27:47.36\00:27:49.43
Think about it,
make those changes,
00:27:49.46\00:27:52.23
call the people
that can help you.
00:27:52.27\00:27:55.00
Call your pastor and then,
Take it to the Bank and save.
00:27:55.04\00:28:00.28
God bless you.
00:28:00.31\00:28:01.64