The hosts discuss being broke after a year off, exploring the economic impact of burst bubbles on various industries beyond tech and media, navigating multiple passions for financial stability, imposter syndrome in production management and corporate DJing, DJ pay rates for solo and duo performances, and finding peace in financial challenges
45:49
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Quick takeaways
Increasing diversity in fashion is essential for positive change.
Navigating financial uncertainties requires adapting income sources and seeking stability.
Deep dives
Effect of Black Representation in Fashion
The podcast discusses the disparity in representation of black fashion designers, emphasizing how only 7.3% of American fashion designers are black. To address this issue, McDonald's is facilitating mentorship programs for young black designers to provide them with opportunities for growth and access to the industry. The podcast highlights the importance of increasing diversity in fashion to drive positive change and create a more inclusive industry.
Financial Challenges in Various Industries
The episode delves into the financial challenges faced by individuals across different sectors, such as tech, media, and non-profits. It highlights the impact of economic shifts, layoffs, and changes in marketing strategies on professionals like influencers and content creators. The discussion also touches on the evolving landscape of job stability and income sources, reflecting the broader financial uncertainties experienced by many.
Navigating Career Transitions and Financial Stability
The podcast explores personal experiences of career transitions and financial stability, focusing on an individual's journey from being a full-time DJ to seeking additional job opportunities. The discussion includes reflections on balancing creative passions with financial needs, navigating the gig economy, and adapting to changes in income streams. It emphasizes the importance of being vocal about financial challenges and seeking new opportunities for stability.
Setting Financial Goals and Building Resilience
The episode reveals the host's financial goals, aiming to double their previous year's earnings and reach a target income of $100,000. The conversation emphasizes the significance of savings, diversifying income sources, and adapting to evolving financial landscapes. It also touches upon personal growth, resilience, and finding peace amidst financial uncertainties, highlighting the value of love, stability, and community support.
Let's face it, life is full of *seasons,* and for the second season of the Money Honeys pod, Chantel, Fred, and Dev are coming clean. They're broke!
The girlies took a year off to deal with the Hollywood strikes, changing work situations, and personal shifts, and their lives look a lot different now. As of May 2024, the total of unemployed folks in California touched 1 million. While Devin, Fred, and Chantel are still lucky to have jobs, the gals are still feeling the downward shift in Hollywood and the tech industry. On this first episode back, the gals chat about where they've been, how they got here, and how they are keeping their income coming.
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