➡ The holiday shopping season is expected to break records this year, with people planning to spend more than before. Black Friday and Cyber Monday are the most popular shopping days, with many stores opening early for eager shoppers. However, the speaker warns against overspending and getting into debt, suggesting that the holidays should be about spending time with family and helping others, not just shopping. He also advises to be financially responsible, prioritizing paying off debt before investing.
➡ The speaker emphasizes the importance of living within one’s means, investing wisely, and avoiding unnecessary debt. They argue that financial stability brings peace of mind and freedom, and that striving to impress others with lavish lifestyles often leads to financial stress. The speaker also suggests that being financially secure is a mental health issue, as financial stress can lead to desperate actions. They encourage people to make smart financial decisions for their future and mental health, rather than trying to impress others.
➡ The speaker emphasizes the importance of financial stability and mental health, suggesting that being broke can lead to desperate actions and mental health issues. They encourage making short-term sacrifices for long-term success and stress the importance of making wise decisions. The speaker also highlights the value of having choices and options in life, and discourages trying to impress others with what you can’t afford. Lastly, they promote a mindset of growth, accountability, and mutual support, while discouraging settling for mediocrity.

I know it’s a lot of people that’s looking to hit the street so that they can spend some money. Everybody a lot of times think that sales makes sense. And so let me just give you a little bit of insight of what they’re saying as far as the media and what’s being promoted with Black Friday, all right? So you’re wrapping up that Thanksgiving feast. So of course, it’s time to start wrapping some presents. Hello, I’m Edward Lawrence in Franiel Cavuto. This is a special Thanksgiving edition of your world. Fox on top of all of what’s shaping up to be a record-setting holiday shopping season.

Jump starting tomorrow on Black Friday and continuing right through the weekend. To Alexis McAdams in New York with the latest on this. Alexis? Hey, Edward. So if you can believe it for everyone watching at home that just finished Thanksgiving dinner, we have less than a month to go until Christmas. And since this is the latest Thanksgiving can even be on the calendar, people are going to hit those stores in full force over the weekend trying to wrap up their holiday shopping. And this year, the National Retail Federation says people are going to spend even more on gifts.

Watch. We’re expecting that consumers will budget around a little over $900 per person for the holiday season, which is about $27 more than they budgeted last year. So the NRF says this holiday weekend is expected to break shopping records, okay? Big crowds and big money will be spent. For some it’s tradition and others say they just want to get an early start cashing in on those deals that some say sound almost too good to be true. You see them online. You know what I’m talking about. According to this group, more than 131 million people are planning to shop on Black Friday.

That’s a big number. That’s 65% of people shopping in the store. They say more than 183 million people will shop over the next five days after Black Friday. Cyber Monday is the most popular day for shopping. Today’s shopper truly does embrace multiple ways of shopping throughout the season. Certainly consumers head online, but many consumers like to see those gift items in person. You want to make sure that it looks like you’re expecting. So many stores are opening early on Black Friday. We’re talking about five o’clock in the morning for people who want to hit Kohl’s, Bass Pro Shop, JCPenney, Cabela’s, you name it.

You can also hit Macy’s, Best Buy, Target, and Walmart if you’re looking for those stores just about an hour later. So start bright and early before those big crowds show up. Since there’s only 17 shipping days between Black Friday and Christmas Eve, this could present some unique challenges. We’re told by UPS for sending those gifts by mail or some of those online orders. So make sure you try to order early and then you can check your tracking information, which I seem to do over and over again right until it gets there.

So while people are hitting the stores and that all of this shopping and all of this other stuff, right? Let me say this because I wanted to start this show off a little bit differently because usually we started off with something political or I give y’all an update on what’s going on with tariffs or what’s happening with Trump or Kamala Harris or the incoming administration and stuff like that. But let me start off by saying this. Do not find yourself out here Black Friday shopping and then asking me for a coaching call come January.

Do not find yourself out here Black Friday shopping and then asking me for a coaching call come January because we’ve been doing the Millionaire Morning Show and I’ve been on YouTube and content creating for too long and some of y’all have not just discovered me. You’ve been around for a long time and so you know what my philosophy is. The first thing that I’ve always been saying to people is f your feelings, but we’re going to move away from that because we’re evolving. The second thing that I’m going to tell you is be selfish before you can be selfless.

Be selfish before you can be selfless. You cannot pour out of an empty cup and more importantly stop spending money to impress people that do not care anything about you. I will guarantee you that 95, 96, 97% of the gifts that you gave last year have already been forgotten about. But all the way up until August, September, October, November, y’all still paying that stuff off and you’ve paid more than what you’re supposed to pay for it because you’re paying interest on whatever it is that you purchased. Some of y’all think that Klarna and Afterpay and people are too good because they ain’t never used it before.

I’ve never used Klarna. I’ve never used Afterpay. I do not plan on using my resources to make people happy when they’ve already known me for the last 42 years. What we doing? The holidays is about spending time with family, readjusting what your cultural norms are so you can go into the new year running to get a fresh new start to show appreciation of the people and the things and how you’re blessed and the fact that you’re in the United States of America to regroup after we’ve already had this election. And then more importantly, to hopefully show appreciation by participating in helping other people.

And it don’t even have to be financially by volunteering your time, especially when it gets cold outside for those that are less fortunate. It is not supposed to be so that we can help retailers get into the black. That’s the whole idea of Black Friday. Black Friday means that retailers then go into the black because they’ve been operating in the red the entire year and so they finally are supposed to turn profitable because they know that people can help themselves by shopping. We got this shopping, this consumer bug that we think we’re entitled to and you have to spend all of this money.

And you know what the most interesting part about that is it’s always the people that are already in debt that spend the most money and then they will sit there and complain about whoever it is that’s an office that they can’t afford their lifestyle anymore. And I will absolutely give you the fact that the economy and inflation and the cost of living is high. It is. It is high. But you can also turn off all of those self-inflicted wounds that you keep on embracing that then puts you in this position where you are not you cannot and you will not take advantage of the opportunities in front of you.

Think about it like this because we’ve had this conversation a lot and people have this conversation all the time and then they say you know what you need to stop spinning slow down your spinning so you can make better adjustments and then I always give people that then send me messages or they ask me questions and they say Anton is it best that I pay off the debt first or should I invest? Anton is it best that I pay off the debt first or should I invest? I don’t want to miss out on this investment opportunity.

Is it best that you walk outside or put your shoes on first? Is it best that you walk outside in the cold with the snow on the gravel and jump on and then go to work or should you put your shoes on first? I’m just asking because y’all are asking me questions that fundamentally just don’t make sense. I know what I’m losing if I decide that I want to hold on to this debt and pay interest on it every single month but we’ve been programmed to think that it’s okay because some debt is good debt.

If that’s not an oxymoron I don’t know what is. Even me and I always like to be an example of the thing that I advocate for. For the income that I make my lifestyle is very very much pedestrian. Like I understand and I very much you know am thankful for the blessings and the hard work that I put in and the opportunity that God has given me and so I take advantage of it and make sure I make the best of it. But when the money come in for the type of revenue that I have and the type of money that I make y’all living better lifestyles than me based off of what I see.

I mean honestly I be thinking to myself and I’ll be so confused because I see people sometime and they be like yeah man I make six figures I make 120 I make 150 they may even say that they make $200,000 a year and that is phenomenal and congratulations and I think that that’s awesome. And maybe having the bigger houses and better cars and they take vacations all of the time and I’ll be sitting there and I’ll be talking to me and I’ll be like are we doing something wrong is something off here or is everybody balling and then I’ll get the the consumer reports or I’ll see the amount of people that’s getting evicted out of their home or I’ll see that credit card debt is exploding and it’s headed towards two trillion dollars collectively amongst consumers and I say ah that makes sense.

Honest to God look I be chilling. I be my spaces be you know my spaces are you know commensurate for for whatever my lifestyle is is me Rita and Leslie and then we have some people that we entertain or whatever but we have spaces separate for that and so it’s like okay so it’s just us three how much room do we need to occupy rooms that we’re not even going to use and so I pared down my lifestyle and then I start to spend my money I spend 90 percent of my income on investing and making sure that you know long term everything is great and then I take the profits from my investments and then I separated I compounded back so about 75 percent goes back into reinvesting because that’s how you get really really rich and then the other 25 percent we go and have fun with it and so that’s the thing that we use in order to take the vacations which really those business expense because those ain’t even vacations and then we also you know buy our cars or whatever like that everybody else they got these four thousand five thousand square foot homes and stuff maybe taking these vacations they be living this lavish lifestyle and listen if you can afford it you getting it like that cool then you find out somebody got a PPP loan or somebody is out there you know they finessing or you know they they didn’t finance their lifestyles to the hill and they bleeding out of their eyeballs and debt for what that’s stress that’s stress that ain’t nothing but stress that is high stress that you don’t need and I think that the best thing for you to do is to remove all of the barriers and you don’t know what it feels like to wake up in the morning the best feeling in the world the best feeling in the world and I’m not telling you that you got to live like a pauper but I think that we need to reassess what we think makes sense when it comes to finances the best feeling in the world is waking up and knowing that if I decided tomorrow that I didn’t want to do anything nothing changes in my life because no credit card company is gonna come for me no finance company for a car is gonna come for me nobody can come and say hey I’m gonna take your house away no mortgage company can come and tap on my door and say hey man we calling in that mortgage because we got a we got a financial crisis coming in nobody at the end of the day no matter what the best feeling in the world as a man let me break it down from a man’s perspective the best feeling in the world is to know god forbid if anything was to happen to me tomorrow the people that I love their life is going to be fine and they don’t have to have a fish fry and they don’t have to worry about paying a mortgage and they don’t have to worry about if the cars is going to get repossessed and they don’t have to worry about if my daughter is going to be able to go to college that for me is peace because everything else after that is money on the board that’s extra we’re not even at the starting line sitting here talking about we got 30-year mortgages that’s not the starting line we’re not even at the starting line talking about we got 30-year mortgages we have to change our mindset and you don’t have to get a big house in order to do it I would advise people to then buy the house that makes sense that allows for you to be able to survive and do things okay pay that off once you remove yourself from all of the debts and then you have your you know your kids they colleges this is funded and you know everything is paid off and then you know you start to have some money and you build it up an investment portfolio then you can start to upgrade you don’t have to start off right out the gate trying to impress everybody don’t nobody even care nothing about you they got to go home to their own situations that may not even be ideal for them they over you up in here listening to people on the internet criticize you about making good financial and fiscal decisions and they got and they going home and they broke broke the data in the statistics tell me that if people is on the internet criticizing me for making smart financial decisions and not showing money that the people statistically speaking that are criticizing it are way way far behind me the internet says and the data says on the on the the actual census and the income driven information that is given to me on a regular basis that i can go on source says that the average household income combined with everybody and it is around seventy thousand dollars a year very few people on this earth have room to criticize anybody because they got to get the beam out of their own eye if you have a car note and there’s nothing wrong with you getting your car paid off you have zero room to criticize anybody you got to get that car paid off if you got credit card debt you have zero room to have a conversation about financial literacy you need to go and get that paid off if your your son or your daughter is not in the position of where when they fill out that fast for that their entire college is going to be paid off either by the grant money and then in addition to that you got money put up just in case that that grant money don’t come through or they can’t get financial aid and then you can make sure that you pay off they college they college and so they don’t have no student loans if you can’t put your kid through college even if they decide that they don’t want to go eventually if you don’t have the ability to be able to pay off your kid’s college then you have no room to be sitting here having a conversation with anybody about what they should be doing with their money you should be asking questions on how the person got there instead of having conversations on whether or not they got it the only people that should be having conversations about money is the people that actually has achieved a level that they can then give information on how they did it not how they doing it now if you documenting the journey and you saying hey this is my situation and this is what i’m going through and this is how i’m gonna do it cool i have no problem with that everybody got an opinion opinions is like buttholes everyone got everybody got one however when it comes to giving advice on how people should be successful or criticizing people and having a conversation about what people should and shouldn’t do remove yourself from that conversations because there are few people on this earth from a percentage perspective of the population that is built to be able to have that conversation cut down the holiday spending chill out stop spending money on things that don’t mean anything and guess what when you say no or when you say i’m not participating this year i’m not in a position to be able to do that i got bigger things and that don’t even mean that you broke you saying that i’m not participating and spending a bunch of money to impress people that don’t care nothing about you does not mean that you’re broke what it means is that you’re making better better financial decisions for your future for your mental health because let’s be clear being broke is a mental health issue they want to talk about adhd they want to talk about not being able to pay attention you know what i’m saying therapy relationships being broke is a mental health issue men that are in relationships what a good woman that ain’t got no money he’s stressed a man that is not in a relationship that is financially sound he’s free he think different you know why because at any point he can make an adjustment and he can go and get a woman but you can’t go and just absolve yourself of your credit card debt and you can’t get rid of that that issue that you got financially you can’t just walk outside and determine that you want to get a get a high paying job and then pay off your debt immediately but he can go and get a woman tomorrow being broke is a mental health issue people do egregious things because they are in a bad financial state they are willing to do things that they ain’t never they willing to consider doing anything and everything you know why women sell their bodies we was just talking about it as far as the the last quickest you know why women sell their bodies do you think that any woman that was in a great financial state will be sitting here talking about i am about to be a whole on tick tock and advertise myself on a new version of back page she’s not doing that because it’s fun she’s doing it because she got mental health issues and it start with this it ain’t just because her daddy was doing stuff to her a while today that’s that’s true too is because it is that she ain’t trying to be out here slinging butt that’s a mental health issue being broke is demonic being broke is demonic because it then causes you to do things that you otherwise would not do had you had resources very few people on this earth very few people on this earth has room to sit here and pocket watch very few people on this earth have room to be pocket watching real talk i’m just gonna give you i’m gonna give you i’m gonna give you the real very few people i wear an apple watch because i want to it tracks my steps my calories i prefer to wear my apple watch when i’m at home and i’m milling around and all of that but then i’ll see somebody on that why you got on the apple watch because i like my apple watch but i have choices i have options i would like for you to have choices and i have options i don’t want you out here dusty i don’t want you out here tricking off trying to impress people that don’t care nothing about you when you can’t really afford to do so i don’t want you out here holiday spending and knowing that you’re going to be stressed out next week you planning on when you’re going to get your next paycheck so you can make a payment plan towards something that ain’t no way to live make a short term sacrifice so you can have a long term success plan and then you break out and once you break out i’m telling you it’s off to the races because then it’s going to be the reverse of what you’ve been experiencing the same way that it costs you so much money and interest to continue to try to pay off and support a lifestyle is how it operates on a reverse it’s a reverse so now you’re compounding the monies that you’re making and you making money in your sleep you making money on top of money you just sitting there chilling you sitting there chilling real talk you just you just you just letting the money roll on over so it’s a different mindset we got to have a different mindset we got to do things a bit differently and we got to make better decisions don’t sit here and get caught up thinking that it makes sense and then putting your trauma on everybody else because you’re in a bad situation by then and then and this is just this last part just just 30 seconds for those of y’all that always say oh you just in a privileged position oh yeah that ain’t everybody’s situation listen man if you looking to just be dusty for the rest of your life this ain’t the place for you if you are looking for a group of people that are looking forward to being very much middle then this is not the place for you what we do is we add value we entertain we put the medicine inside of the candy and we push each other because i want the best for you if you are looking to be middle of the road if you are looking to be solidly middle class if you are looking to be average if you are looking for somebody to join in on your dusty parade this is not the place for you there are plenty of people out there that could dust stream with you this is not the dust stream this is a stream where we try to add value in each other’s lives we leapfrog off of each other’s information in order to make better decisions and we hold each other accountable and we encourage each other to do the best thing that’s in our in our future this is not the dust stream if you’re looking for dust streams it’s 99 of them out there are dust streams everybody got a microphone very few people can give you information can show you the receipts
[tr:trw].

See more of The Millionaire Morning Show w/ Anton Daniels on their Public Channel and the MPN The Millionaire Morning Show w/ Anton Daniels channel.