The Momentum Advisors Show

160: Why Should White Guys Have All the Fun: Byron Allen Edition

04 Feb 2024

Contributed by Lukas

First, it’s Black History Month and we couldn't be more excited! Second, Byron Allen is in the news this week for offering to buy Paramount Global f...

159: Market Update: Wipe Me Down

28 Jan 2024

Contributed by Lukas

Every so often we have to get serious and talk financial markets. What has (really) happened, what is going on right now, and what we think is on the ...

158: Mo' Money, No Problems

21 Jan 2024

Contributed by Lukas

It’s that time of the year when raises, bonuses, or promotions start to happen and you are on track to make more money in 2024 than you did in 2023....

157: Triumph Over Tragedy

14 Jan 2024

Contributed by Lukas

Allan’s childhood friend died last week and the family has to do a GoFundMe to cover necessary expenses. On this episode we highlight some of things...

156: The Katt Williams School of Business

07 Jan 2024

Contributed by Lukas

All everyone is talking about is Shannon Sharpe’s interview of Katt Williams on "Club Shay Shay", which racked up over 22 million views in just a fe...

155: Kwanzaa for Christmas

25 Dec 2023

Contributed by Lukas

We all know how much Tiffany loves Christmas. Well this year in addition to celebrating Christmas, she will also be celebrating Kwanzaa for the first ...

154: The (Wildly Common) Untold Stories of Financial Triumph

17 Dec 2023

Contributed by Lukas

What does it take to become wealthy and financially triumphant? This may seem like a really complex question to answer but we know firsthand that it i...

153: Wildin' Out: Common Life Mistakes That Will Cost You

10 Dec 2023

Contributed by Lukas

You've almost made it to the end of the year and we're sure you've made some common, innocent mistakes that have cost you financially. Don't feel bad,...

152: Am I Rich?

04 Dec 2023

Contributed by Lukas

So many people have the goal of being rich but do you know what dollar amount defines if you are rich or not? Do you know how to actually become rich?...

151: Thankfulness, Testimonies, Gratitude & Miracles

26 Nov 2023

Contributed by Lukas

As we move through Thanksgiving and officially into the holiday season, we break away from our traditional content to discuss how thankful we are for ...

150: The Money Date

12 Nov 2023

Contributed by Lukas

Are you newly in love and/or ready to move-in with your partner? Are you at the beginning of a serious relationship and you want to take it to the nex...

149: That Ain't All Your Money

05 Nov 2023

Contributed by Lukas

It's easy to get excited when you get a pay raise, receive an inheritance, win a prize, get great returns on an invest, or even "make a little extra m...

148: End of the Year Planning

29 Oct 2023

Contributed by Lukas

You may not want to hear it but the end of the year is approaching. Which depending on your situation could include: figuring our whose cooking for Th...

147: Battle of the (Financial) Sexes

22 Oct 2023

Contributed by Lukas

When it comes to financial matters, men and women do things very differently. But how differently--and why? While we know that individuals vary widely...

146: Lending Your Money with Purpose

15 Oct 2023

Contributed by Lukas

When it comes to having a diversified portfolio one of the most common investment vehicles included is bonds. And while bonds are typically considered...

145: Morgan State University: You Can't Stop Wakanda

08 Oct 2023

Contributed by Lukas

Homecoming for Allan and Tiffany looked very different this year as their alma mater experienced a violent shooting on campus and therefore all Homeco...

144: The Collapse of the U.S. Dollar and the Beyoncé Effect

01 Oct 2023

Contributed by Lukas

So is the U.S. dollar going to zero or not? Are the BRICS conspiring against our currency? Is the fall of the U.S. financial markets finally upon us? ...

143: A.I.--and We're Not Talking About Allen Iverson

24 Sep 2023

Contributed by Lukas

Artificial Intelligence! Allan’s mom recently asked him if he is using that “A-L” she’s been reading about everywhere. Of course, she meant A....

142: The Fire and Desire of Interest Rates

17 Sep 2023

Contributed by Lukas

The Federal Reserve ("Fed") has raised interest rates so many times over the last several months that it's almost impossible to remember when rates we...

141: The Budget Buffet

10 Sep 2023

Contributed by Lukas

Do you have a budget? And if so, do you actually follow it? Or are you one of the 53% of Americans that doesn't follow a budget because you don't know...

140: Investment Mistakes

03 Sep 2023

Contributed by Lukas

What happens when your investment doesn't go as planned? Should you throw the whole plan away, was it a faulty investment, or were you the problem? Wh...

139: How to Move Away

27 Aug 2023

Contributed by Lukas

Are you ready to move to a new city or state? Is it time for a change or maybe you're looking for a new career opportunity? You may be looking at a be...

138: The Martha's Vineyard Tumble

20 Aug 2023

Contributed by Lukas

We missed taping last week's episode because we were having such a good time during our annual trip to Martha's Vineyard. It's a place rich in Black h...

137: Actually Paying for College

06 Aug 2023

Contributed by Lukas

We’ve done shows in the past with advice on planning to pay for your child's future college education--but what about paying for college right now?!...

136: Building Your Own Black Wall Street

30 Jul 2023

Contributed by Lukas

Earlier this week Jaylen Brown received the largest contract in NBA history. And with the emergence of his new wealth he publicly stated that his goal...

135: Bump Them Grown Ass Kids

23 Jul 2023

Contributed by Lukas

Parents invest so much of themselves, emotionally and financially, in raising their children. But the time may come when the financial contribution ha...

134: The Hardest Thing Ever

16 Jul 2023

Contributed by Lukas

This week we finally accomplished the hardest thing we've ever had to do as entrepreneurs-- secure a business loan! With 20+ combined years of experie...

133: It's My Birthday--Again!

09 Jul 2023

Contributed by Lukas

It's Tiffany's birthday--again--and we're celebrating the only way we know how: with shenanigans! If you're looking for a newsworthy, financially-info...

132: Entrepreneurship by Any Means Necessary

25 Jun 2023

Contributed by Lukas

Are you currently an entrepreneur or are you on your path to becoming one? Maybe you're considering becoming an entrepreneur but you're just not sure ...

131: Debt: What, Why, How Much and When?

18 Jun 2023

Contributed by Lukas

Most Americans have some type of debt in their lives. However, debts vary widely in more ways than you are probably even aware of. For instance, do yo...

130: How to Get an Inheritance

11 Jun 2023

Contributed by Lukas

"It’s the most wonderful time of the year..." again and so most of us are starting to gear up for gift-giving season. What is your plan of attack: D...

129: Financial Advice for New Graduates--of All Ages

04 Jun 2023

Contributed by Lukas

Congratulations! We are in graduation season and we are seeing graduates, of all levels and ages, entering into a new financial landscape. Allan’s s...

128: Knockin' Boots & Making Babies

28 May 2023

Contributed by Lukas

Having a baby is one of the most momentous experiences of your life, but it can also be one of the most expensive. Spending money on essentials like h...

127: My Father Died

21 May 2023

Contributed by Lukas

Since the beginning of this podcast, Allan and Tiffany have openly shared their experiences, mistakes, wisdoms, and the personal relationships that ha...

126: Tighten Up

14 May 2023

Contributed by Lukas

Whether we're headed towards a recession, you got laid off from your job, or you just want to be more responsible about your spending, you never need ...

125: Spring Cleaning & Unclaimed Assets

23 Apr 2023

Contributed by Lukas

It's time for some spring cleaning! But we're not talking about your closet or your refrigerator, we're talking about your old, dusty assets. Often ti...

124: How to Build Wealth at Every Age

16 Apr 2023

Contributed by Lukas

Whether you think you're too young or too old to start building your wealth, you're wrong. There are several key steps you can take at every age to cr...

123: Is Your Cash App and Other Digital Money Safe?

09 Apr 2023

Contributed by Lukas

First there was the collapse of Silicon Valley Bank and Signature Bank. Then Credit Suisse was sold to UBS. And this week, the CEO of Cash App was mur...

122: Momma I'm a Millionaire

02 Apr 2023

Contributed by Lukas

So many people have the goal of being a millionaire or at least having a million dollars saved in the bank but what does a million dollars really get ...

121: Robbing Peter to Pay Paul

26 Mar 2023

Contributed by Lukas

Life happens! You lose a job, have an accident, get a divorce, or expenses just creep up on you and before you know it... you're broke! And when you'r...

120: What Happens When the Banks Fail

19 Mar 2023

Contributed by Lukas

Silicon Valley Bank--and Signature Bank--failed over the weekend and now everyone is in a panic. But should they be? On today's episode we not only di...

119: My Parents Are Moving In

12 Mar 2023

Contributed by Lukas

Are you a fan of multigenerational living because of the ability to pool resources and builder a stronger relationship between the grandparents and th...

118: Are You Buying, Selling or Staying?

05 Mar 2023

Contributed by Lukas

One of the most common steps in building personal--and generational--wealth, is buying a home. And while that's always been a complex transaction to n...

117: Birthday's and Black History

26 Feb 2023

Contributed by Lukas

Today we celebrate our favorite co-host, Allan Boomer, as we observe his birthday and allow him to take over today's episode and talk about what he lo...

116: It's Time to Ask for Help

19 Feb 2023

Contributed by Lukas

Everyone makes mistakes when it comes to money--no matter how much or how little you have of it. Yet, money remains one of those common subjects where...

115: The Curious Case of Allan's Lost Wallet

12 Feb 2023

Contributed by Lukas

Two weeks ago, Allan lost his wallet outside of his local bagel shop. Within two hours of losing his wallet, all of Allan's accounts were hit with mul...

114: Quarterly Market Commentary: Beauty & the Beast--and Beyoncé

05 Feb 2023

Contributed by Lukas

On this episode we are sharing our proprietary market commentary for the last quarter and our projections for the year ahead. We discuss the blood bat...

113: The New (Tax) Sheriff in Town

29 Jan 2023

Contributed by Lukas

It's tax season and this year things are going to look very different. There have been major changes to the tax laws and it's a guarantee that you're ...

112: Bump Your Bank

22 Jan 2023

Contributed by Lukas

Statistics show that, on average, Americans stick with the same banking institution for over 17 years. That is longer than the average marriage. The q...

111: The Inflation Diet

15 Jan 2023

Contributed by Lukas

In 2022, inflation reached levels unseen in four decades. But prices ballooned more rapidly for certain items than others, largely concentrated among ...

110: Damar Hamlin, the NFL, and Income Protection

08 Jan 2023

Contributed by Lukas

This week we all watched in awe as Damar Hamlin was given CPR multiple times on national TV. Hamlin, who was immediately treated after going into card...

109: Increase Your Network to Increase Your Net Worth

01 Jan 2023

Contributed by Lukas

Happy New Year! We normally discuss the “hardware” of improving your net worth but, it is equally as important to focus on the “software.” Whe...

108: Christmas Shenanigans

25 Dec 2022

Contributed by Lukas

It's Christmas day and all we want to do is have fun with you guys. Tune in for a laid-back episode of holiday cheer, laughs, and even more of our usu...

107: How Safe Are Your Accounts?

18 Dec 2022

Contributed by Lukas

The collapse of crypto exchange FTX raises a question for every saver and investor: what happens to your money if the company that holds your account ...

106: Til Death Do Us Part... or Nah

11 Dec 2022

Contributed by Lukas

Although it's an unfortunate topic, divorce is a common reality that a lot of couples are facing right now. There are a variety of reasons why but the...

105: Christmas Gift Giving

04 Dec 2022

Contributed by Lukas

"It’s the most wonderful time of the year..." again and so most of us are starting to gear up for gift-giving season. What is your plan of attack: D...

104: Resilience and Grit Are Key

27 Nov 2022

Contributed by Lukas

Have you ever been hit with an obstacle on your wealth journey and were unsure of the one thing you need to recover? We have the answer: Resilience! O...

103: Crypto Crash

20 Nov 2022

Contributed by Lukas

There has been a ton of news this week about FTX Crypto Currency Exchange, which filed for bankruptcy this week and a lot of people lost a lot of mone...

102: Elections, Politics the Discotheque

13 Nov 2022

Contributed by Lukas

Even though the votes are still being counted, midterm elections are done. We don’t know who will be in charge of the Senate or the House just yet. ...

101: We're in a Flood and a Draught

06 Nov 2022

Contributed by Lukas

It's standard financial teaching that stocks are high risk and bonds are relatively safe. Well this year both are erratic and acting very risky--but f...

100: Our 100th Episode

30 Oct 2022

Contributed by Lukas

It's out 100th episode and we've decided to celebrate with all of our listeners. We are taking the day off from teaching and advising to have some fun...

99: The FAFSA or the SHASTA?

24 Oct 2022

Contributed by Lukas

If you have a child heading to college soon it's likely that you'll be filling out a Free Application for Federal Student Aid, better known as the FAF...

98: The Oxpecker, Rhinoceros, and New Entrepreneur

16 Oct 2022

Contributed by Lukas

Symbiosis is a close relationship between two species in which at least one entity benefits from the other. Often times we initially think about the i...

97: Stocks: The Prequel

02 Oct 2022

Contributed by Lukas

What's a stock? What's a return? Yea, most of us know the answers to these questions. But how do you get a stock to pay you rent? How do you find the ...

96: What You Must Know Before You Start Investing--That Most People Never Learn

25 Sep 2022

Contributed by Lukas

Most people have a basic understanding of how to invest their money: open an account, buy some stocks, bonds, or other investment vehicles. Well, ther...

95: The Mis-education (of All of us)

18 Sep 2022

Contributed by Lukas

The Mis-education of the Negro, written in 1933, describes how the educational system in America was designed to teach Black people that we are inferi...

94: Financial Fears

11 Sep 2022

Contributed by Lukas

77% of Americans report feeling anxious about their financial situation. Are you afraid to think about retirement, affording a house, or paying for yo...

93: 21 Questions (to Ask Your Financial Advisor)

04 Sep 2022

Contributed by Lukas

To get the most value from your financial advisor, you must ask the right questions. On this episode ,we provide key strategic questions for you to as...

92: Student Loan Relief? Joe Did.

28 Aug 2022

Contributed by Lukas

This week the White House announced Joe Biden's Student Loan Forgiveness Plan and we couldn't be more excited--and confused. On this episode we talk a...

91: Alternative Investments

21 Aug 2022

Contributed by Lukas

We've all heard about stocks, bonds, and cold-hard cash but what else should be in your investment strategy? Maybe hedge funds, commodities, or real a...

90: Living My Best Life

14 Aug 2022

Contributed by Lukas

Recently, the Mega Million jackpot was among the largest lottery prizes in history at over $1 Billion. If you were to win the lottery for any amount o...

89: Opting Out of a Recession

07 Aug 2022

Contributed by Lukas

Inflation is at (or near) its highest level in decades and our country’s economic growth declined for two quarters in a row. What does all of this m...

88: The Art of Getting Robbed

31 Jul 2022

Contributed by Lukas

Robbery can happen to anybody but this week it hit close to home for the Momentum Team—and that pastor on live stream. With our team member we were ...

87: The Business of Tipping

24 Jul 2022

Contributed by Lukas

The world is open and we are all "outside". Not only are we traveling and going out to eat but, we are hiring and utilizing service providers now more...

86: It Ain't All Bad

17 Jul 2022

Contributed by Lukas

Everyone is worried about a recession. Inflation rates are rising at a record-breaking pace. The news is telling you the end is near. Layoffs are star...

85: How to Travel Better

10 Jul 2022

Contributed by Lukas

Yes, we are Financial Advisors but we are also world travelers--especially Tiffany! Today’s show is about saving money and time while traveling this...

84: Tiffany's Birthday Celebration: 40 Questions for 40 Years

03 Jul 2022

Contributed by Lukas

It is Tiffany's 40th birthday and we are switching things up to learn more about your favorite podcast co-host. On this episode, Allan is allowing the...

83: Something's Fishy in the Job Market

26 Jun 2022

Contributed by Lukas

There’s a shift happening in the job market--and it's not the one you've been hearing about. While the news continues to highlight "The Great Resign...

82: Celebrating Juneteenth

19 Jun 2022

Contributed by Lukas

As we celebrate Juneteenth, brands across the country are launching products, events and marketing strategies to try and cash in on the holiday. Here’...

81: HENRY to HER, Part Two of High Income to High Wealth

12 Jun 2022

Contributed by Lukas

Last week we started talked about how to transition from high income to high wealth. On this episode we continue that conversation to help you build w...

80: Going from High Income to High Wealth

05 Jun 2022

Contributed by Lukas

Are you finally in a position where you're receiving a great income? Where you're making more than you've ever made before and you are now feeling a l...

79: Your Investments are (Probably) Funding Gun Violence

29 May 2022

Contributed by Lukas

In the aftermath of several mass shootings in one week, many Americans want to do something--anything--to help but, feel helpless. Petitions, donation...

78: It's Time to Fight Back

22 May 2022

Contributed by Lukas

Although we've talked about how to hedge against inflation before, we have NEVER seen anything like this. Inflation is up 8% - 14% from just last year...

77: Scammer Vibes

15 May 2022

Contributed by Lukas

The emergence and domination of social media, peer-to-peer payments, rideshare platforms and online networking has created the perfect environment for...

76: Blood in the (Financial) Streets

08 May 2022

Contributed by Lukas

The global stock market is down around 13% and the bond market is down 10%. In the last 45 years, there has only been one other year when stocks and b...

75: Is the Government Moving the Needle on Your Finances?

01 May 2022

Contributed by Lukas

Whether you believe it or not, the government has been very busy--and what they've been working on should put a little extra change in your pocket. On...

74: Fine Print (The Devil is in the Details)

24 Apr 2022

Contributed by Lukas

On today's episode, The Momentum Advisors talk about the importance of reading and understanding the fine print within a credit card contract. 

73: The Sharing Economy

17 Apr 2022

Contributed by Lukas

Communities of people have shared the use of assets for thousands of years but, the advent of the internet and smartphones has made it easier for asse...

72: Unfair Isaac- our guide to managing your credit score

10 Apr 2022

Contributed by Lukas

On this episode, we break down the mysteries behind credit and seek to help you build and maintain a good credit score. 

71: Fly or Fly Trap?

03 Apr 2022

Contributed by Lukas

Often times people are obsessed with buying stuff just because the price is low. But what about the actual value? Most "cheap" things are cheap for a ...

70: The Best Advice You've Never Heard

20 Mar 2022

Contributed by Lukas

After years of working with millionaires, successful entrepreneurs, and wealthy families, we have received a lot of unexpected advice on what it truly...

69: Good Times: How to Retire with more than enough Money

13 Mar 2022

Contributed by Lukas

If you're fortunate to live long enough you will want--or need--to retire, at some point in your life. But people often speak about retirement as if i...

68: What's Happening with Russia and How it Impacts Your Finances

06 Mar 2022

Contributed by Lukas

Russia invaded Ukraine and every one is panicking. Although some of your neighbors may be stocking up on water and canned goods, do you actually know ...

67: It's Our Anniversary

27 Feb 2022

Contributed by Lukas

For this week’s black history moment we want to tell you the story of how we created one of the largest black-owned wealth management firms in the c...

66: Get Off the Menu and Get Your Seat at the Table

20 Feb 2022

Contributed by Lukas

Do you feel like "the man's" foot is on your neck? Are you always wondering how are you supposed to get ahead in a capitalist society? Well we know al...

65: The New Tax Laws

13 Feb 2022

Contributed by Lukas

By now you should have your 1099s and W2 forms which means it's officially tax time! This episode is to help you prepare for filing your 2021 taxes. I...

64: WTF is Going on in the Market Right Now?

06 Feb 2022

Contributed by Lukas

For those who are paying attention, the stock market is seeing red in a major way right now. Is this the first time the stock market has been down thi...

63: Investing vs Trading

30 Jan 2022

Contributed by Lukas

Investing and trading are becoming extremely popular. This is partly because markets have had strong returns--and also because of social media. People...

62: Building a Socially Responsible Portfolio

23 Jan 2022

Contributed by Lukas

The terms "ESG", "socially responsible" and "impact investing" are ongoing buzzwords in the financial services industry. But what does it all actually...

61: TikTok Financial Advice

16 Jan 2022

Contributed by Lukas

Scrolling through TikTok, you come across a huge range of videos, from new dances to someone encouraging you to invest in Tesla. Financial TikTok, als...