In this enlightening episode of Money Talk With Tiff, Tiffany Grant is joined by Ray'Chel Wilson, a CEO, consultant, and keynote speaker, to discuss the concept of stewardship and its significance in our lives.

Ray'Chel breaks down stewardship into internal and external facets and emphasizes the importance of taking good care of what we have been given, ranging from our bodies to our finances and the institutions we support.

For the full show notes: https://moneytalkwitht.com/podcast-show-notes/stewardship-raychel-wilson/

About Our Guest

Ray’Chel Wilson is not your regular teacher. She is a self proclaimed Teacher 2.0, challenging the norms of education and what it means to teach the whole person.

Honored as one of the top “20 Under 20” teachers across the state of Oklahoma for excelling on the front lines of the classroom, Ray’Chel finds educating about holistic financial wellness and closing the racial & gender wealth gaps, as a central part of her mission.

Originally from Ohio, Ray’Chel moved to Black Wall Street, Tulsa, in order to teach high school biology to over 500 students and counting, while also blazing her own path to wealth as a first-generation entrepreneur. After achieving huge financial milestones, like leveraging cryptocurrency profits to pay off her undergraduate student loans, Ray’Chel birthed Raise the Bar Investments. 

Key Topics Covered

Introduction to Stewardship

• Definition and importance of stewardship from an internal and external perspective.

Internal Stewardship

• Treating our bodies well by giving them the necessary vitamins and minerals.
• Developing a healthy money mindset.

Financial Stewardship

• Ray'Chel's Black Wealth Freedom series, which focuses on holistic personal finance education and its impact.

Four Pillars of Wealth Building:

1. Healthy Money Mindset
2. Value-Based Budgeting
3. Upskilling for Higher Earned Income
4. Investing for Wealth Creation

Upskilling for Success

• Importance of continuous learning and adapting to emerging trends like SEO and artificial intelligence.

Ray'Chel's Work and Services

• How Ray'Chel helps corporate and nonprofit teams with productivity, team communication, and personal finance through workshops and keynote speeches.

For Our Last Names App

• Introduction to the For Our Last Names app, which aims to empower first-generation wealth builders.

Mentioned Resources

• For Our Last Names Website: https://forourlastnames-io.ck.page/sign-up
• Black Wealth Freedom Series: https://rtbinvestments.org/products/black-wealth-freedom-series-3-book-bundle

Ray'Chel Wilson Contact Information

Email: info@ourlastnames.io | admin@raychelwilson.com

Follow Tiffany Grant

• Website: MoneyTalkWithT.com
• Instagram: @moneytalkwitht
• Twitter: @moneytalkwitht
• Facebook: @moneytalkwitht

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Thank you for joining us on this episode of Money Talk With Tiff. Stay tuned for more insightful conversations every Tuesday and Thursday!

Copyright 2024 Tiffany Grant

You know what it is. That's right. It's time to talk money with your money,

nerd and financial coach. Now, tighten those purse strings

and open those ears. It's the money talk with Tiff

podcast.

Hey, everyone. I am so excited because I have Raquel Wilson

on the line, and Raquel is here to talk to us about

stewardship. And before we jump right in,

a lot of people are probably thinking, well, what is stewardship? So,

Raquel, what is stewardship? Taking good care of what

we have been given. We've been given our lovely bodies. We've been

given our lovely surroundings. And even though they may be a

little funny, I can sometimes. We've been given these institutions around

us. So I really like to talk about stewardship from an internal to

external, individual to institutional way. Awesome.

Awesome. And I couldn't have said it better myself. So let's

hop right in. Let's start with internal. Let's start

in and work our way out. So when we're talking about

internal stewardship, what do we mean by that? Yes, well, when

we think about internal stewardship, I always like to think about my

interfaith background, my preacher's kid background. Thank God

for church healing. But I always like to think about our body being a

temple. Right? So how can we treat our bodies well?

How can we give our bodies the vitamins and minerals that are not only good

for ourselves, but good for our beauties? Hello, ladies. Right?

And not in a vain sense, but how can we do what makes

us feel good so we can then do more good for others? I personally

believe that we all have value. And with everyone being

created with value, we have the opportunity to engage in

value exchange. Right? So of course we're talking about

value exchange. Let's talk about change. Let's talk about money. How can we steward our

money? A lot of folks know me as the personal finance

educator, especially from our personal finance series, the

Black Wealth Freedom series, which has now reached seven countries

and 2000 plus readers. Thank you. Thank you. If I had, like a

bomb sound, I dropped that.

Exactly. Exactly. Because I feel like when you have holistic,

relevant education, it empowers you to do good for

yourself and others. And that's what the series has done. That's the way

that I teach holistic personal finance and the four pillars of wealth,

so we can steward our personal finances, the finances

we decide to give to our local charities or churches, as well as how we

engage with the ecosystems and institutions around

us. Yes, yes. And you just like, it

seems like you summed it all up in a nutshell, because

we talked about internal, we talked about money steward,

you know, having good, being a good steward over your money. You talked

about being good steward over your

institutions that you support or are involved in

and so on and so forth. So I'm like, you kind of hit on all

of them. So let's talk about those four pillars

that you just mentioned. Because when you said that, I said, wait a minute. That

I love being asked about the four pillars of wealth building because it comes from

what I talk about in the Black Wealth Freedom series. So let's get into it.

Number one, healthy money mindset. We

all have had experiences with money growing up, even

as adults. Hello to those that recently got laid off. These

things impact our money mindset. I remember growing up hearing a lot

about, you know, we ain't got McDonald's money for that. So I had to heal

and from a scarcity mindset. So we have to have a healthy money mindset,

not only in the beginning of our wealth journey, but also throughout.

Number two, value based budgeting. It's one thing to

budget. You can find that information on Google 30 70.

There's so many different ways to balance your budget. Even the

30 50, 20 method is very popular, for example. But I

like to say, take it a step further, go from good to great by actually

including your values in your budgeting. So if you value family,

do you actually see funds being allocated towards this family

value? If you value education, do you actually see

funds and time being allocated to this

education value? So not only can this be applied to, say, for

example, your budget, but also your calendar. Number three,

upskilling for higher earned income. There's a really

interesting fact. I saw Dell did some research recently, and they said

that over 75% of jobs that will be available

in 2030 are not even available yet. They haven't even been

created. So we have to continue to

upskill. We have to be open to learning more about things that might

scare us, like artificial intelligence or machine learning, or even other

areas of high impact and high income, as I like to say,

for the future. And pillar number four, I like to say these are

pillars because they are all connected and there also is an order. So

pillar number four is investing for wealth creation. Once

you've worked on the healthy skills of a healthy money mindset,

once you've built in the sustainable practices of value based

budgeting, and once you've built in the desire and practices to upskill for

higher earned income, now you have the perfect environment to actually

invest for wealth creation, whether that is in the stock market,

index funds, ETF's, whether that's in real estate, or even

whether it's in your own business. These four pillars of wealth building that I talk

about in the Black Wealth Freedom series and even show a little bit throughout our

upcoming app, are really the key for us first generation wealth

builders to do it and build wealth for our last names.

Yes, I love that all four of those pillars, and I

really wanted to dive into number three, which was the upskilling,

because that is like whether you're a

business owner or you're working in, you know, working

for someone, it still applies. Because when you said that, I thought

about how I was for so long, I was scared of SEO.

I didn't want to touch SEO. I didn't know what SEO was like, what is

going on? And then when I finally started learning

it and up upskilling, then I'm like, oh, this is not

too bad. And so now it's a huge part of my business.

But it wouldn't have gotten there had I not taken that first step.

Absolutely. It's all about recognizing the value we have and then the steps

we need to take. Right. And obviously, this is a business example, and

you highlighted that upskilling is not just about the values

and skills that are relevant to you as a person. It's also about your

business opportunities. I saw another statistic. I can't remember

the source, but they mentioned that of young black

professionals, like over 70% of us want to

start our own business or be entrepreneurs. So it's helpful for us to consider how

can we upskill to build our professional life because our job

is our first investor, but also how we can

build skills for our business that are relevant in the entrepreneurial endeavors

we like to engage in. You mentioned that you help

people with this type of stuff. Can you tell us a little bit more

about what you do and how people can get in contact with you if they

wanted to? Absolutely. Well, I serve as

a CEO, a consultant, and a keynote speaker for

corporate teams and nonprofit teams. We really focus on

productivity, on team communication, and on personal

finance because we know when folks are financially well, they can

exist with excitement and engagement in their workplaces and membership

organizations. So for those that are looking to bring that extra

spark to their team to get the professional development they would actually

be excited about and can leverage or want to make sure those end of

year goals are actually getting accomplished, allow me to bring some new strategies to your

team. You can email

us@adminakelwilson.com

or if it's more difficult to spell my name, you can reach out to our

business email at

infohourlastnames

IO. Yes. And

Raquel, listen, when you just were saying that, I said

this ties in perfectly to why we started here because it sounds

like you help people be a good stewards.

Yes, I do. Yes.

And I would say I appreciate you saying that. Yes, I do.

And not only do I have the opportunity to do that, but most importantly,

I'm able to create products and systems that help people do it on their own.

Which brings me to the for our last names app. I'm so excited about

it. I know before we started recording here, I was

telling you a little bit about our internship program and how we just

closed out an amazing summer of eight amazing

interns. But what that means beyond the technology

is we are not only able to empower first generation wealth builders

on the internal side with our teams, which is important for CEO's and

education professionals and executives to think about empowering our teams

and creating systems for that. But what's important for your listeners to know

is that our waitlist is opening and this app will be

available very, very, very soon. So all I've got to say, because I don't know

when they'll see this, is to go to the for our last names website. If

you want to know how to build generational wealth for your last name, they've got

something special for you. Oh, I love that. For

our last names. Hello. So I will make

sure I have all of those links in the show notes and all that

information for you all. So that way you can check it out. Cause it sounds

pretty cool and I know I wanna get on the wait list, so yeah, let

me know. But thank you so much. We've got a spot for you.

Yes. Well, thank you so much, Raquel, for dropping

these gems on the podcast today, and I hope you have a wonderful rest of

your day. Thank you. Live in abundance, y'all. Bye.

Thank you for listening, joining and being a part of the Money Talk with TIFF

podcast this week. You can check Tiff out every Thursday for a

new Money talk podcast. But if you just can't wait until next week,

you can listen to previous podcast

episodes@moneytalkwitht.com or

follow TIFF on all social media platforms at

moneytalkwitht. Until next time, spend wise

by spending less than you make. A word to the money wise is

always sufficient.