Cliff Notes: Latest Information on Student Loan Forgiveness

In this episode of Earn Your Leisure, we delve into the world of wine and entrepreneurship with Donae Burston, the visionary behind La Fête Wine Co. We explore how 98% of Moët Rosé drinkers are Black and how Donae launched the first and only champagne bar at the Miami Heat's American Airlines Arena. Discover the secrets behind La Fête Wine Co.'s rapid growth to 1,000 stores and why starting a wine business costs around $1.5 to $2 million. Donae shares his journey as the founder of the fastest-growing imported Rosé in the country and discusses the challenges of being a luxury Black-owned brand.We uncover La Fête Wine Co.'s winemaking process, the hidden costs of the wine industry, and how Donae helped put Ace of Spades on the map. Learn about the first steps to starting a successful wine company, the power of influencer marketing, and why the U.S. wine industry still has a long way to go. Donae offers advice for aspiring wine entrepreneurs and reveals the biggest mistake business owners make—holding onto their businesses too long. We also touch on the broken three-tier system for alcohol distribution, the qualities that define high-class wine, and the financial struggles Donae faced to bring La Fête Wine Co. to life.#EarnYourLeisure #WineBusiness #DonaeBurston #LaFêteWineCo #MoetRose #ChampagneBar #WineIndustry #Entrepreneurship #LuxuryBrand #InfluencerMarketing #AlcoholDistribution #WineMaking #BusinessAdvice #AceOfSpades #HiddenCosts #HighClassWineOur Sponsors:* Check out Acorns: acorns.com/EARN* Check out Monarch Money: www.monarchmoney.com* Check out ShipStation: https://www.shipstation.com/EARNAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Get ready for the biggest announcement of the year! The wait is over - Invest Fest 2024 has officially revealed its headliner, none other than the iconic 50 Cent! Join us as we dive deep into the excitement and exclusive details surrounding this year's star-studded lineup and monumental event.In this video, the Market Mondays team - Rashad Bilal, Ian Dunlap, and Troy Millings - take you behind the scenes of the preparations for Invest Fest 2024. This year's festival promises to be “50 times bigger” than ever before, with more power, more money, and more impact. Find out why 50 Cent was chosen as the headliner and what makes him the perfect fit for this prestigious event.Rashad, Ian, and Troy discuss the rigorous process of selecting a headliner and how 50 Cent checks all the boxes - cultural relevance, business respect, and consistent success across multiple industries. From his music career and transition into Hollywood to his business acumen and resilience, 50 Cent embodies the spirit of perseverance and innovation. Rashad shares insights from their time spent with 50 Cent in Miami, giving us a glimpse into the in-depth conversations that took place over dinner and at the club.The video also highlights the power of relationships in building a successful event like Invest Fest. Troy and Ian emphasize the importance of face-to-face interactions, networking, and cultivating genuine connections to achieve long-term success. They share personal stories of how relationships have played a crucial role in their journey and offer invaluable advice for aspiring entrepreneurs.Furthermore, Rashad provides detailed information about the event schedule, workshops, and the diverse range of topics to be covered. From home buying and real estate investing to stock market strategies for kids, artificial intelligence, and health and wellness - there's something for everyone at Invest Fest 2024. With 450 business vendors, food trucks, musical performances, a VIP night, and meet and greets, this year's festival is set to be an unforgettable experience.Invest Fest 2024 is happening from August 23-25 in Atlanta, Georgia. Don't miss out on the opportunity to learn from and network with some of the biggest names in the industry. Secure your tickets now and be a part of the world's premier business festival.*Key Takeaways:*- 50 Cent is announced as the headliner for Invest Fest 2024.- Insights into the selection process and the importance of cultural relevance and business acumen.- The significance of building and maintaining relationships for success.- Detailed event schedule and workshops covering a wide range of topics.- Highlights from Rashad, Ian, and Troy's conversation with 50 Cent.*Get Your Tickets Now:*#InvestFest2024 #50Cent #MarketMondays #Investing #BusinessFestival #Networking #Entrepreneurship #Finance #RealEstate #Stocks #AI #HealthWellness #VIP #AtlantaEvents #InvestFest #FestivalHeadlinerTune in to be inspired, gain new knowledge, and take your business endeavors to new heights with Invest Fest 2024!Our Sponsors:* Check out Acorns: acorns.com/EARN* Check out Monarch Money: www.monarchmoney.com* Check out ShipStation: https://www.shipstation.com/EARNAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Welcome to another insightful session of our EYLU Master Class series! In this episode, Dr. Sonia Lewis, widely known as "The Student Loan Doctor," delves into the intricacies of student loan forgiveness programs and provides expert guidance on establishing your own nonprofit organization.*Key Highlights:**1. Borrower's Defense:*Dr. Sonia Lewis begins by exploring the Borrower's Defense Loan Discharge program. This essential program offers loan forgiveness to students who attended schools that engaged in misconduct, leading to harm or financial loss. Dr. Lewis emphasizes the importance of understanding eligibility criteria and the long administrative process involved. Schools automatically eligible for this program, such as the University of Phoenix and DeVry University, are discussed, with resources available on Dr. Lewis' Instagram page for further reference.*2. One-Time Account Adjustment:*Dr. Lewis introduces the significant benefits of the one-time account adjustment for those in Income-Driven Repayment (IDR) or Public Service Loan Forgiveness (PSLF) plans. This adjustment will count all repayment periods, including those previously ineligible due to forbearance or deferment. The discussion highlights the importance of keeping track of repayment status on studentaid.gov and ensuring eligibility for this beneficial adjustment.*3. Repayment for Older Loans:*For borrowers with loans from before 2003, Dr. Lewis provides advice on consolidating loans by April 30 to become eligible for available forgiveness programs. The process of submitting complaints to seek forgiveness for these older loans is discussed, emphasizing the potential for successful outcomes.*4. Establishing a Nonprofit:*Dr. Lewis encourages viewers to consider starting their own nonprofit organizations, especially if they don't currently work for a nonprofit. The step-by-step process includes filing federal and state paperwork, completing PSLF paperwork, and enrolling in an IDR program. The importance of setting up the nonprofit correctly and showing profitability within four years is emphasized, making it an accessible option for many seeking loan forgiveness through PSLF.*5. PSLF Program Updates:*Exciting updates to the PSLF program are shared, including the potential ability to make multiple payments in a month to expedite loan forgiveness. This flexibility aims to help borrowers reach the required 120 payments sooner, leading to quicker loan forgiveness. Dr. Lewis also discusses the possibility of enrolling family members in your nonprofit to maximize the benefits of PSLF.*6. Biden Administration Announcements:*Lastly, Dr. Lewis provides crucial updates on the latest announcements from the Biden administration regarding loan forgiveness. These updates are essential for staying informed about new opportunities and changes in loan forgiveness programs.Dr. Sonia Lewis' expertise and thorough explanations make this master class a valuable resource for anyone navigating the complexities of student loan forgiveness and considering the establishment of a nonprofit organization. Be sure to watch the full video for detailed insights and practical advice.*Subscribe to EYL for more informative and empowering content on finance, education, and entrepreneurship! Don't forget to like, share, and comment with any questions or topics you'd like us to cover in future episodes.**Follow us on social media for updates and exclusive content:*- Instagram: [@EYL](  / eyl  )- Twitter: [@EYL](  / eyl  )*Hashtags:*#StudentLoanForgiveness #Nonprofit #PSLF #BorrowersDefense #IncomeDrivenRepayment #LoanForgiveness #NonprofitOrganization #EYL #Education #Finance #StudentLoans #Scholarships #BidenLoanForgiveness #TheStudentLoanDoctor #EYLU #EYLMasterClassStay tuned and empower your financial future with EYL!Our Sponsors:* Check out Acorns: acorns.com/EARN* Check out Monarch Money: www.monarchmoney.com* Check out ShipStation: https://www.shipstation.com/EARNAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Welcome back to another insightful episode of Market Mondays, your trusted source for deep dives into the pulsating world of finance and investments. In this episode, hosted by the dynamic trio—Ian Dunlap, Troy Millings, and Rashad Bilal—we break down the latest market trends and key financial revelations that have investors talking.Key Topics Covered:*1. Warren Buffett's BYD Stake Reduction:*Rashad Bilal kicks off the episode by discussing Warren Buffett's Berkshire Hathaway trimming its stake in Chinese EV maker BYD to 6.9%. Is this a bad sign for the EV market? Ian Dunlap offers his perspective, diving into the overall health of the EV sector, the energy usage in EV space, and why Tesla and BYD are struggling. *Quote:*"Does the EV space actually use more energy? And even though it's supposed to be a sustainable option, GM is eating Tesla's lunch for car company of the year." - Ian Dunlap*2. Elon Musk’s Financial Moves:*Ian and Troy delve into Elon Musk's recent $59 billion payout and his ambitious plans to sell consumer robots. They also touch upon General Motors' market performance and how Musk's leadership is steering the future of Tesla and the EV market.*3. The Energy Sector Shake-Up:*Rashad introduces the topic of ConocoPhillips agreeing to acquire Marathon Oil in an all-stock deal valued at $17 billion. The hosts discuss how this impacts the energy sector, shareholder value, and why Ian isn't the biggest fan of the energy sector compared to tech and healthcare stocks.*Quote:*"For me, it's not about emotion. You have to invest based on what's going to give you highest return and not based on a feeling." - Ian Dunlap*4. Consolidation in the Energy Market:*Troy presents some eye-popping numbers showcasing the massive capital flow and consolidation within the energy market. From Exxon's $60 billion acquisition of Pioneer to Chevron's $53 billion takeover of Hess, the hosts analyze what these moves mean for investors and the future landscape of the energy sector.Why Watch?If you're keen on understanding the factors that influence significant market moves and what seasoned investors like Warren Buffett might be signaling, this episode is a must-watch. The hosts provide nuanced perspectives backed by data and trends, helping you to think critically about your investment strategy.Engage with Us!If you found this episode insightful, don't forget to like, share, and subscribe to **Market Mondays**. Hit the bell icon to stay updated on our latest content, and leave your thoughts in the comments below. Your feedback is invaluable to us!*Listen on the Go:*Available on all major podcast platforms. Listen to Market Mondays on Spotify, Apple Podcasts, Google Podcasts, and more.*Stay Informed, Stay Ahead!*#MarketMondays #WarrenBuffett #BYD #EVMarket #Tesla #ElonMusk #EnergySector #StockMarket #Investing #Finance #Consolidation #Exxon #Chevron #Podcast #StockTips #InvestmentAdvice---This video is designed for educational and informational purposes only. Always consult with a financial advisor before making any investment decisions.---Thank you for watching and being part of the Market Mondays community. Your journey to financial literacy and savvy investing starts here!---*Meet the Hosts:*- *Ian Dunlap:* Known for his sharp financial acumen and no-nonsense approach to investing.- *Troy Millings:* Provides grounded insights and brings wealthy context to financial discussions.- *Rashad Bilal:* Bridges the topics with inquisitive questions and perspectives that resonate with everyday investors.Join us, and let's decode the complexities of the financial world together!*Let's Get to the Money!* 🚀📈---Disclaimer: The information provided in this video does not constitute financial advice and is for educational purposes only.Our Sponsors:* Check out Acorns: acorns.com/EARN* Check out Monarch Money: www.monarchmoney.com* Check out ShipStation: https://www.shipstation.com/EARNAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Welcome back to another exciting clipe of EYL! In this clip, hosts Troy Millings and Rashad Bilal sit down with the legendary songwriter and producer, Bryan-Michael Cox, to uncover the lucrative world of songwriting.📈 **Earnings from Hit Songs**:Ever wondered how much money you could actually make from writing a top song? Bryan-Michael Cox reveals that a number one hit can generate a minimum of a million dollars on the publishing side alone. The amount varies depending on several factors like publishing deals and splits among songwriters.🎶 **Top Songwriters and Their Earnings**:We dive into how top songwriters like The-Dream make tens of millions of dollars annually. Bryan explains that working with mega-stars like Beyoncé, although offering less favorable splits, can still be incredibly lucrative due to the massive performance and sales of the songs.📊 **Metrics Matter**:Even songs that don’t seem to perform well on the surface can generate significant money. Bryan emphasizes the importance of checking metrics, as he does with Cowboy Carter, who performs exceptionally well on digital streaming platforms (DSPs) and various radio formats.🐝 **Serving the Fanbase**:Bryan discusses how artists like Beyoncé can generate massive revenue by super-serving their dedicated fan bases, regardless of general consumer perception. She creates unique experiences that deeply resonate with her fans, ensuring loyalty and continuous support.🏆 **Creating Timeless Classics**:Bryan opens up about the challenges and thrills of creating hit songs like Usher's "Burn" and "Confessions, Part II," which many consider some of the greatest R&B records ever. He shares his evolving perspective on competition, focusing now on staying creatively inspired rather than topping past successes.🎤 **Teaming Up for Hits**:The episode also touches on Bryan’s collaboration with other music icons like Jermaine Dupri and Johntá Austin. Despite their individual pursuits, these music legends still come together to create chart-topping music.✨ **Tune In**:Whether you're an aspiring songwriter or simply interested in the music industry, this episode is packed with insights that you won't want to miss.Be sure to like, comment, and subscribe for more exclusive content from EYL!#EYL #BryanMichaelCox #Songwriting #MusicIndustry #TheDream #Beyonce #Usher #RNB #MusicProducer #HitSongs #Inspiration #CreativeProcess #Earnings #Royalties #DigitalStreaming #MusicFans #ChartToppers #JermaineDupri #JohntaAustin #DSP #CowboyCarter #Fanbase---*Timestamps:*0:00 - Intro0:06 - Earnings from Number One Hits0:43 - Top Songwriters' Earnings1:09 - Working with Beyoncé1:48 - Song Performance Metrics2:49 - Serving Dedicated Fanbase3:26 - Creating Timeless Classics4:06 - The Creative Process4:56 - Teamwork in Songwriting5:33 - Staying InspiredStay tuned for more insights and behind-the-scenes stories from the music industry!Our Sponsors:* Check out Acorns: acorns.com/EARN* Check out Monarch Money: www.monarchmoney.com* Check out ShipStation: https://www.shipstation.com/EARNAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Welcome back to another exciting clip of Market Mondays! In this clip, hosts Ian Dunlap, Troy Millings, and Rashad Bilal dive deep into the ever-evolving world of the automotive industry. The big question on the table today is: Is General Motors the new king of the car industry, surpassing Tesla in dominance?Ian Dunlap opens the discussion by comparing General Motors (GM) and Tesla, delving into GM’s unexpected rise in the market. He draws fascinating parallels with a surprise win in a boxing match, emphasizing how crucial focus can be in maintaining market leadership. Ian doesn't hold back as he scrutinizes GM’s financial health, including their profit margins, market cap, enterprise value, and overall stability. With GM’s quarterly revenue up by 7% and the market cap standing strong at $54 billion, it seems like GM is making significant strides in the EV space, notably outperforming Tesla in the American market for the time being.But the conversation doesn’t stop there. Troy Millings and Rashad Bilal bring Tesla into the spotlight, debating whether Tesla, as the old king, can reclaim its throne. They probe into CEO Elon Musk's commitments and whether his multiple ventures, including SpaceX and Starlink, are diverting his focus away from Tesla. With Musk’s hands in numerous groundbreaking projects, questions arise about his ability to steer Tesla back to its former glory.The trio also discusses the recent developments surrounding Tesla’s shareholders and board dynamics. With historical context provided on the shareholders’ consistent support for Musk, they analyze how these decisions impact the future of both Tesla and GM. Rashad and Troy bring valuable insights into the stock’s performance and market sentiment, shedding light on the complexities of stakeholder expectations.Ian further elaborates on Musk’s strategic moves, like dropping the lawsuit with OpenAI, and what this means for his grander vision. The conversation also touches on Musk’s bold claims and optimistic outlook, assessing whether his confidence matches the reality of the challenges ahead.Join us in this engaging episode as we dissect the giants of the automotive world, their market strategies, leadership dynamics, and what the future holds for both GM and Tesla. Whether you’re a seasoned investor, a market enthusiast, or merely curious about the latest in the EV industry, this episode promises to provide valuable insights and thought-provoking discussions.Don’t forget to like, comment, and subscribe to Market Mondays for more in-depth market analyses and discussions. Hit the notification bell so you never miss an update!*Timestamps:*00:00 - Introduction00:02 - Is General Motors the new king?00:46 - GM’s financial health and market position01:56 - Comparing GM and Tesla’s performance in the EV space02:18 - Elon Musk’s focus: Tesla vs. SpaceX and Starlink02:44 - Tesla shareholders’ decisions and market sentiment03:54 - Elon Musk’s strategic moves and future outlook*Hashtags:*#MarketMondays #GeneralMotors #Tesla #ElonMusk #ElectricVehicles #GMvsTesla #StockMarketAnalysis #Investing #Finance #MarketTrends #EVIndustry #AutomotiveNews #IanDunlap #TroyMillings #RashadBilal #BusinessAnalysis #FinancialInsightsTune in and stay ahead of the market curve with Market Mondays!---This description offers a comprehensive overview of the episode while staying within the 600-word limit, ensuring that it captivates both regular viewers and new audiences alike.Our Sponsors:* Check out Acorns: acorns.com/EARN* Check out Monarch Money: www.monarchmoney.com* Check out ShipStation: https://www.shipstation.com/EARNAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this video, Shonda Martin breaks down the concept of borrowing power and how it differs from your credit score. Learn about the factors that lenders consider when assessing your credit profile and discover practical tips to enhance your borrowing potential.Timestamps: 00:00: Introduction to Borrowing Power 00:20: What is Borrowing Power? 00:42: Credit Score vs. Credit Profile 01:09: Importance of Credit Profile Over Credit Score 01:32: Factors Influencing Credit Approval 02:11: Impact of Late Payments on Credit Profile 02:38: Time Since Last Missed Payment 03:38: Hierarchy of Late Payments by Account Type 04:19: On-Time Payments and Credit Profile Quality 05:22: Achieving 500 On-Time Payments 06:08: Tiers of Borrowing Power 06:28: Strategy to Reach 500 On-Time Payments 07:15: Resilience of a Strong Credit Profile 07:32: Summary and Key TakeawaysWatch the full video to understand how to optimize your credit profile and increase your borrowing power. Don't forget to like, comment, and subscribe!For this full class and more join EYL University at www.eyluniversity.comOur Sponsors:* Check out Acorns: acorns.com/EARN* Check out Monarch Money: www.monarchmoney.com* Check out ShipStation: https://www.shipstation.com/EARNAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this episode, we sit down with Cam Kirk, the renowned photographer who documented the rise of Atlanta's music scene. Cam shares his journey and offers invaluable advice to new photographers, emphasizing the importance of mastering your camera early on and understanding lighting—highlighting strobe lighting as the best for photography.Cam dives into the three camera settings crucial for achieving the best image quality and discusses the art of properly framing people in photos. We explore whether technology might replace photographers and why Cam prioritized building relationships over money at the start of his career.Cam also reveals how he used his own money to put artists on billboards, elevating his brand, and shares the story of Nike being the first brand to pay him $20k for a shoot. He warns photographers about "work for hire" contracts and asserts that photographers own every picture they take, including the right to sue companies for using their images on merchandise.Cam has created a label to sign upcoming photographers, signing seven photographers and giving them $20k each. Over the past seven years, Cam Kirk Studios has served over 30,000 appointments. He reflects on touring with artists early in his career for only hundreds of dollars and how he helped Metro Boomin blow up by using the same formula that rappers use to achieve success.Join us for an enlightening discussion packed with insights and experiences from one of the industry's top photographers.#EarnYourLeisure #CamKirk #Photography #AtlantaMusicScene #MasterYourCamera #StrobeLighting #CameraSettings #FrameYourPhotos #PhotographyTechnology #BuildingRelationships #NikeShoot #WorkForHire #PhotographyOwnership #PhotographersRights #PhotographyLabel #CamKirkStudios #MetroBoomin #PhotographySuccessOur Sponsors:* Check out Acorns: acorns.com/EARN* Check out Monarch Money: www.monarchmoney.com* Check out ShipStation: https://www.shipstation.com/EARNAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this clipof Market Mondays, our hosts Ian Dunlap, Rashad Bilal, and Troy Millings dive deep into everyone's favorite topic: Nvidia stock. If you’ve been wondering about the best time to invest in this tech giant, you're in the right place.Rashad starts the conversation with a burning question from viewers: What should we do if Nvidia doesn’t hit the desired $107 price mark? Ian emphasizes the importance of patience and strategy, advising to wait for a price pullback to around $112 or ideally $107 before making a move. He shares an inspiring story of someone who benefited immensely from strategic investments, leading to substantial financial gains and life-changing purchases.Troy highlights the need for flexibility in investment strategies. While having a game plan is crucial, sometimes you need to adapt. He explains his approach of modifying entry points based on the stock's movements and the importance of not missing opportunities by being overly rigid.Ian underscores the value of consistency, particularly when it comes to tuning into Market Mondays for weekly updates and advice. He stresses the importance of staying informed and focused, even amidst potential distractions.Rashad wraps up the discussion by pointing out that dollar-cost averaging can be a simple yet effective strategy for those wary of timing the market. Investing consistently every month can alleviate the stress of price fluctuations.Throughout this episode, our hosts offer a balanced mix of strategies, tips, and real-world examples to help you navigate the complexities of investing in Nvidia. They also touch on broader investment principles that can be applied to other stocks and financial decisions.Don't miss out on this episode packed with actionable insights!*Key Topics:*- Strategies for investing in Nvidia- Importance of waiting for price pullbacks- Flexibility and adapting investment plans- Benefits of dollar-cost averaging- Real-life success stories and examples- Consistency and staying informed*Timestamps:*0:00 - Introduction0:18 - What to do if Nvidia doesn’t hit $1071:05 - Success story from an Nvidia investor2:22 - The importance of modifying your investment plan3:43 - Staying consistent and informed4:52 - The simplicity of dollar-cost averaging*Show Hosts:*- Ian Dunlap- Rashad Bilal- Troy Millings*Subscribe to Market Mondays for more weekly insights and investment strategies!*#MarketMondays #Nvidia #StockMarket #Investing #InvestmentStrategies #Finance #NvidiaStock #TechStocks #DollarCostAveraging #FinancialFreedom #InvestWisely #StockMarketTips---Tune in every week for the latest advice and tips on making the most of your investments. Whether you’re a seasoned investor or just starting out, our comprehensive analysis and proven strategies will help you achieve your financial goals. Remember, the key to successful investing is staying informed and being adaptable.Keep learning, keep investing, and let’s secure that financial future together!Our Sponsors:* Check out Acorns: acorns.com/EARN* Check out Monarch Money: www.monarchmoney.com* Check out ShipStation: https://www.shipstation.com/EARNAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this empowering talk, Kevia Williams emphasizes the importance of business ownership for Black individuals, highlighting how the tax code is designed to benefit owners over employees. Kevia explains how understanding and leveraging the tax code can reduce taxable income and increase financial freedom. She discusses real-life examples, including former presidents and corporations, who have minimized their tax burdens through strategic use of the tax code. Kevia also underscores the significance of understanding policy and accessing funds allocated for Black entrepreneurs. By grasping these financial and policy insights, Black entrepreneurs can reclaim resources and build lasting wealth for future generations. Don't miss this eye-opening discussion on financial empowerment and strategic business ownership!Our Sponsors:* Check out Acorns: acorns.com/EARN* Check out Monarch Money: www.monarchmoney.com* Check out ShipStation: https://www.shipstation.com/EARNAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy