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www.podpage.com/the-3-13-men-money-and-marriage

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Summary

In this episode of the 313 Men Money and Marriage podcast, host Andrew Johnson discusses the concept of the African American consumption class, exploring the spending habits, historical context, and the impact of self-concept on financial behavior. He emphasizes the need for financial literacy and education, particularly for the younger generation, and highlights the importance of marriage in achieving financial stability. The conversation delves into the challenges posed by systemic racism and economic disparities, while also offering strategies for improving financial health and breaking the cycle of overconsumption.

Takeaways

• African Americans spend significantly on luxury items despite lower average incomes.
• Systemic racism influences consumption patterns and financial behavior.
• Self-concept plays a crucial role in financial decision-making.
• Overcompensation through material items can lead to financial instability.
• Financial literacy is essential for breaking generational cycles of poverty.
• Marriage is linked to higher income and better financial health.
• Teaching children about money management is vital for future success.
• Reading and continuous learning contribute to financial growth.
• The average car payment is a significant burden on consumers.
• Understanding the value of saving early can lead to greater wealth accumulation.

• Breaking the Cycle of Overconsumption
• Teaching the Next Generation about Money

• "We are six times more likely to buy a Mercedes Benz."
• "This is a situation where we just simply have our priorities misplaced."
• "Racism is a system to keep one group down."

Chapters

00:00 Introduction to the Consumption Class

03:04 Statistics on African American Spending

06:07 Historical Context of Consumption Patterns

08:55 Self-Concept and Financial Behavior

12:12 The Impact of Consumption on Relationships

15:12 Strategies for Financial Improvement

17:59 Generational Financial Education

21:00 The Importance of Marriage and Financial Stability

24:10 Conclusion and Future Directions

This is a replay episode, as I am recovering from vacation. The episode will talk about is there really a shortage of these types of men. Are women's expectations surrounding a man's income too high. What salary numbers give women the best chances of getting married. Lastly what can be done to achieve better marriage outcomes, based on salary expectations, with guest Desmond Douglas, financial advisor. Visit the website to leave a review and get on the email list.

www.podpage.com/the-3-13-men-money-and-marriage

Instagram the313menmoneymarriage

Visit the website and leave review

www.podpage.com/the-3-13-men-money-and-marriage

Instagram the313menmoneymarriage

Summary

In this episode, Andrew Johnson discusses the topic of high standards in dating. He compares dating standards from 20 years ago to the present day, highlighting the dramatic changes in expectations. Johnson explains the difference between standards and preferences, emphasizing that standards are non-negotiable while preferences are flexible. He explores the advantages and disadvantages of having high standards, including how they can protect individuals and weed out incompatible partners, but also how they can limit the dating pool and lead to unrealistic expectations. Johnson advises listeners to find a balance between their standards and preferences, and to focus on internal qualities rather than external factors when seeking a long-term relationship.

keywords high standards, dating, preferences, relationships, expectations, dating pool, self-reflection, internal qualities

takeaways

• Dating standards have dramatically changed in the past 20 years, with both men and women having higher expectations.

• High standards can protect individuals and weed out incompatible partners, but they can also limit the dating pool and lead to unrealistic expectations.

• Finding a balance between standards and preferences is important, as well as focusing on internal qualities rather than external factors.

• Self-reflection and self-awareness are crucial in evaluating one's own standards and being open to change.

• Understanding the difference between standards and preferences can help in navigating the dating scene.

titles

• The Dramatic Changes in Dating Standards

• The Difference Between Standards and Preferences

Sound Bites

• "Men aren't even considering dating the women, meaning that they've just checked out for the most part because they don't feel that they meet the standards of the modern day woman who has standards now."

• "Standards are non-negotiable. Preferences are negotiable."

• "High standards are literally keeping people single."

Chapters

00:00

Introduction and Clarification

02:11

The Dramatic Changes in Dating Standards

04:38

The Difference Between Standards and Preferences

06:31

The Advantages and Disadvantages of High Standards

09:42

Finding a Balance: Self-Reflection and Flexibility

18:42

Focusing on Internal Qualities for Long-Term Relationships