September 13, 2020
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8:21Now Playing--------
In this clip, Jemele and Vlad started out discussing the importance of managing your money when you come into a sizable amount of wealth, and Jemele pointed to LeBron getting a $90 million deal with Nike when he was 18. Jemele also shared her own story of coming into wealth and making her first 7-figure paycheck, which she admitted was a little scary. She explained that Black people live with "broke PTSD," and she shared the story of her manager cussing her out for paying cash for a new Benz for her mother instead of leasing. To hear more, including Jemele speak about Magic Johnson regretting not taking Nike stock in the early 80's, hit the above clip.
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