MSG Presents -"Big Stew's Wisdom Wednesdays": The Getting Grown Starter Pack

🎙️ Wisdom Wednesday- The Getting Grown Starter Pack

Episode Description:
In this installment of Wisdom Wednesdays, Big Stew and E-Money keep it all the way real about what it truly takes to prepare for adulthood. Forget the flashy talk — this episode is about the basics that matter: your health, your money, and your reputation.

From the late-night kicks of your 20s to the wake-up calls of your 40s and 50s, the guys share personal stories and hard-earned lessons about protecting the assets that can’t be replaced — your body, your bag, and your name.

Whether you’re grinding through your first corporate gig or trying to get your grown-man (or woman) life in order, this one’s for you.

🧠 Key Takeaways:

• Why health is your first real wealth
• How financial planning changes everything
• Why your reputation is your greatest equity — on and offline

💬 Tune in, take notes, and pass the wisdom on.

Transcript

Wisdom Wednesdays: The Getting Grown Starter Pack

[00:00:00] There he is. What's going on brother? How you doing? What's going on? Man, I had to get it right. I had to try to get it right for the, for the BTS as we prepare for season four on this what do we call in this Wisdom Wednesdays. Wisdom Wednesdays, yes. So for some people who may not know, my name is Scott Stewart, big Stu, professor Stewart.

[00:00:25] It really depends on how you know me and I am the cohost. And I'm here rocking with the host, the Scotty Pippin, a podcast Pippin. But you got to come in and chime in on Sundays to hear that and, and look. By the way, season four of the Money Sex Gen X podcast is back this coming Sunday. April 18th, season four begins 11:30 AM Central Standard Time on YouTube and Facebook.

[00:00:57] But e we might, we might, we might do [00:01:00] a, I might do a stream from the page on Instagram. It won't have the same effect, but at least they'll be able to get it. But at any rate, three ways to prepare for adulthood. E. Three ways to prepare for adulthood. Wisdom Wednesday. So you coming out, you coming out the gate Strong.

[00:01:18] Look. So Stu, I'm curious, I know we don't have a ton of time, but like, why did you think this was important to do? Hey, look, you know, we in the age of authenticity, man, you know it if, if it ain't never been a more time than, than keeping it real. You know, we, from that generation of keeping it real, right?

[00:01:40] And with all of the real talk, fake news and people just, it's just, it's just a lot of crafted. Content out there is not authentic. Right. Right. And I think it, I just think it's important because we have a lot of great wisdom between the two of [00:02:00] us and and it, we just, I just wanted some more additional ways to get it to the people.

[00:02:07] Particularly to our millennials and our, our younger Gen Xers and even younger man, and even, even some, some older f folks. But I just think this is super important that we continue to give useful information to people who are chiming in and listening, man. So that's why I thought this was important and we started doing something else than, than just posting, you know, okay, let's get at the people and.

[00:02:35] Wisdom Wednesdays, man. So let's see how, let's see how long this goes, man. And see how we handle it. But today's topic, very short, very brief. It's intended to be that way. Me and Eric got a lot of things going on, and we ain't got a lot of time. Three ways to prepare for adulthood. Let's just jump right into it.

[00:02:55] The first way to prepare for adulthood is to take care of your health. [00:03:00] Right. Take care of your health. No problem. So this is, this is, this is personal to me 'cause I kicked it a lot in my younger years, man. I'm talking, drinking, smoking, you know, and I just see a lot of people posting in getting into their forties and they knees hurting and they, their back hurting or they, I got some people that's, you know, actually have passed away.

[00:03:26] What I de deem is. Far too soon. And you know, I just, I just thought that, man, it's something that when you, in your twenties and thirties, you don't really think about, you go super hard. Right. Particularly a lot of black folks go super, super hard. Yeah. And not thinking about the, the, the downside of that if you're not taking care of your health man.

[00:03:51] Because what I realized is when you get 40 and 50, as I'm new into the 50 plus club. When you get 40 and 50, you realize that you still [00:04:00] got a lot of life left. It may not seem like 20, 30 years, 40 years, maybe 50 years if you get real lucky. You know what I mean? Yeah. But that's a lot of time that you wanna enjoy and not be sick.

[00:04:13] What do you think about that man? Yeah, man, I, I was the same way. I did a lot of having fun in my younger years and, and now when I think about it. We're in those older years and we, we feel like we're successful or whatever. But when you start thinking about, okay, so I've developed some level of success, what are some of the major threats to that?

[00:04:35] And the first thing I always think of is my health. Yeah. You know what I mean? So it's very important. I just recently got married as some of you know, so it's like I don't wanna mess up the dynamic between me and my wife or what we're trying to build because I'm not healthy. Right. Period, point blank.

[00:04:53] Right. And I have, I have twins, man that are 18 months, you know, and I want to try to be here [00:05:00] for as long and as much as they life as I possibly can. Bro, same. Yeah, yeah, yeah. All right. So that's the number one way. Oh, you were gonna say, you were gonna say something? Go ahead, bro. No, I was just repeating you.

[00:05:12] That was number one. No doubt. Number one. Number one, take care of your health. The number two way to prepare for adulthood. We're talking about the three ways to prepare for adulthood. The number two way is to take care of your money. Take care of your money. Yeah. This, this goes back to those early years, man outta college, made a lot of money, man, you know and, and, and whatever that starting rate is for you outta college when you don't have any kids and you're not.

[00:05:43] Maybe you don't have a lot of bills. I know, I, I fucked off a lot of money, man. I tricked off a lot of money, bro, that if I was just smarter in my twenties and thirties, I would be able to lamp a little bit more [00:06:00] today. You know, I just believe I'd be able to. I be chilling a lot more today if I'd have been super focused on taking care of that bread instead of just tricking it off and buying clothes and TVs and cars and gym shoes and shit.

[00:06:16] What you wanna say about that, bro? Indeed. I couldn't agree more. So, yeah, and you know, as you're getting a little bit older, so say you a older millennial or maybe a younger genetics, I think about the concept of financial planning. We say take care of your money. So when we care for something, you typically have to do some planning.

[00:06:37] And that's kind of what I got into in my late thirties, maybe mid thirties. I just started doing a lot of planning. So I wanna encourage people out there either become your own financial planner or maybe find one, but that's a great way to actually care for your money. Yeah. I agree. I agree. And so that's it, right?

[00:06:59] [00:07:00] So the first way, take care of your health. Second way, take care of your money. Hey, look, I want to say this. Look, just think about this. If you are making let's just say $40,000 a year in your twenties, right? You're 25 years old. You fresh out of college, you make $40,000 a year for 10 years, you make $400,000.

[00:07:24] If you keep that same rate for 10 years, and so you're 25, now you're 35, you'd have made 400,000. What did you keep? Right? And I know I, I, I hadn't, at 25, from 25 to 35, I hadn't kept shit. You know what I mean? I hadn't kept none of it, you know, except what was invested in the corporate level, you know? But other than that, I hadn't kept anything.

[00:07:47] So my wisdom today says, Hey, youngin. Hey nephew. Hey niece. Take care of your money, right? Take care of your money. Number one, take care of your health. Number two, take care of [00:08:00] your money. And the third way to prepare for adulthood. Dude, before we jump into that, we say things about that, that was great. And I wanna encourage people to check into the concepts of inflation, right?

[00:08:13] I'm not gonna go into anything else but the concept of inflation. 'cause I liked your example. So like say you made that 400,000 and say you didn't. Trick off the money you have it. So then the question becomes, what is the rate of return that you got on that money and is that rate of return outpacing inflation?

[00:08:32] Yeah. So just some, some two quick concepts to check into when you're doing your financial planning exploration. We might get into some of that this Sunday. Episode one for season four of the Money Sex Gen X podcast is. Should you file for bankruptcy? Should I file for bankruptcy? That's right. And so we may even, you know, dissect some of that.

[00:08:53] What you're talking about, rates of inflation and are you able to keep, keep up and keep pace with your [00:09:00] lifestyle, the lifestyle that you desire for yourself? Indeed, indeed. No doubt. Alright, so we're wrapping this up. The three ways to prepare for adulthood. Number one, take care of your health. Number two, take care of your money.

[00:09:13] My name is Scott Stewart. I am the co-host of the Money Sex Gen X podcast. Your Man E-Money. Eric McCloy is the host of the Money Sex Gen X podcast. The number one way to pay to prepare for adulthood is to take care of your reputation on and offline. Wow. Take care of your reputation, I believe. That your reputation is your greatest asset.

[00:09:44] And there are, I'm so thankful that we did not have all of this, all of these cameras and footage when I was in my teens and twenties and even in my thirties. Like it wasn't as, you know, I'm so thankful. [00:10:00] Right. Because there would probably be some things that could pop up from 20, 30 years ago that might.

[00:10:06] Have people question my reputation. Now I say that there are something you, when you young, you do do some stuff that's young and dumb. Mm-hmm. But you wanna minimize, you want to be thoughtful and recognize today, because I didn't, I didn't really realize this. Your actions today impact your future. Right?

[00:10:29] And that's online. The stuff that you are reposting posting. Comments that you're leaving. And in real life, when you're physically in contact with people, your reputation is your greatest piece of equity. That's, that's my 2 cents about that Preach, brother. Preach. Now, you know, I like to define words. Now, what do we mean by, what is the word reputation actually mean?

[00:10:56] Let's not assume that people. Either [00:11:00] understand the word or maybe they're not thinking about it the way we're thinking about it. How are you thinking about that word or that concept? I'm thinking about your reputation being how you are perceived, like how you are perceived by others, right? Like I believe my name is my brand.

[00:11:18] I am my brand. And so when I think about the reputation, what type of, when people hear my name. You know, what does that evoke? What kind of ev feelings does that evoke? No doubt. You know, now I mind you, I, I understand I'm probably in the 75, 20 5% range, right? And maybe, maybe I'm giving myself way too much credit.

[00:11:43] Maybe it's 60, 40, 60% of the people in the world rock with me and 40% don't. Maybe it's 50 50. Sure. Right? I'm not talking about the people who ain't gonna rock with me no matter what. I'm talking about. Controlling what you could control. That means be [00:12:00] mindful of your actions, be mindful of it, particularly online, what you're posting, you know, because every action of yours speaks to your brand, speaks to your reputation and how you are perceived by others.

[00:12:16] And I know there are a lot of nuances in that. Yes. Yeah. But, but broad stroke, your reputation is your greatest piece of equity. It's your greatest asset. I like that. Elder gave me some game years ago, and, and he told me, your reputation is the worst thing that will come up when your name is brought up.

[00:12:37] What's the worst thing that could come up? What's the worst thing could come up? Like, so the, the 40% that you talked about that don't rock with you, they don't like you. What's gonna come out of their mouth. Yeah. Your name comes up, you know, that's part of your, and then, you know, maybe we'll get into this during the season, but that goes into like brand management and 'cause just because somebody has something bad to say when your [00:13:00] name comes up, you can go back and try to manage that relationship or manage your reputation over time.

[00:13:07] You know? 'cause we all did things that we're not proud of. Yeah. But again, that's a planning situation. You can plan and repair some of those situations. Yeah. Yeah. So that's the type of wisdom that you know we'll be continuing to bring. Today was the three ways to prepare for adulthood. Take care of your health, take care of your money, take care of your reputation.

[00:13:29] On and offline. Season four of the Money, sex Gen X podcast resumes starts. This Sunday, April 18th, 1130 am Central Standard Time, Facebook Live, YouTube. We'll be streaming to YouTube and we may test streaming right here on Instagram as well. So that's all I got man for, for today on Wisdom Wednesday.

[00:13:55] That's my 2 cents e. Peace. We'll see you all on [00:14:00] Sunday. Have a great week to.