Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Katrina Fitten. She is also the CEO and CFO of New Day For You Financial Services. She is a national leader in business funding solutions. Katrina helps women business owners secure $100k in funding in 100 days or less, with same-day approvals and next-day funding.
Katrina's company empowers them to build financial empires. With a Bachelor's in Agricultural Economics, an Executive MBA, and 30 years of professional experience, she has facilitated over $1 million in funding this past year supporting a growing community of women entrepreneurs on their path to becoming first-generation millionaires. Recognized by ESSENCE Magazine and MSN, Fitten is committed to helping women revolutionize their relationship with money and gain confidence in their cash flow to achieve financial peace and generational wealth
Talking Points/Questions
What a wild time! What is your general take on money, finances post-election?
Question 1: How might the proposed changes in the tax code affect small business owners, especially in terms of profit margins and tax write-offs?
Question 2: How will Trump's probable proposal of increased tariffs impact mid-to-low income families and business owners?
Question 3: How do you predict the potential impact on consumers and business owners if there is deportation enforcement of immigrants?
Question 4: What are the implications of the ongoing discussions about Social Security benefits for everyday Americans?
Question 5: How can listeners take proactive steps to navigate these financial uncertainties?
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:05):
Welcome to the show.
Speaker 2 (00:06):
I am Rashan McDonald, the host of Money Making Conversations Masterclass,
where we encourage people to stop reading other people's success
stories and.
Speaker 1 (00:14):
Start planning their own. Listen up as I interview entrepreneurs.
Speaker 2 (00:18):
From around the country, talk to celebrities and ask them
how they are running their companies, and speak with dog
profits who are making a difference in their local communities. Now,
sit back and listen as we unlock the secrets to
their success on Money Making Conversations Masterclass. Hi, I am
Rashan McDonald, our host of weekly Money Making Conversations Masterclass.
Speaker 1 (00:40):
Show.
Speaker 2 (00:40):
The interviews and information that this show provides off for everyone.
It's time to stop reading other people's success stories and
start living your own. If you want to be a
guest on my show, please visit our website, Moneymakingconversations dot
com and click to be a guest button. My next
guest is an award winning finance expert and best selling offer.
(01:01):
She's also the CEO and CFO of New Day for
You Financial. She is a national leader and business Funding Solutions.
Katrina helps women business owners secure up to one hundred
thousand dollars in funding in one hundred days or less
with same day approval and next day funding. This is
the right person to have on money making conversations. Please
(01:23):
work with the money Making Conversations masterclass, Katrina fitting.
Speaker 1 (01:27):
How you doing, Katrina, I am doing wonderful.
Speaker 3 (01:31):
Nice to be here, Nice to meet you once again.
I remember seeing you long years ago on the Steve
Harvey Show.
Speaker 1 (01:40):
That's my man, my man, Steve Harvey.
Speaker 2 (01:43):
I'm cooking up stuff here, cooking up money ideas and everything.
But it's really funny, Katrina. A lot of people still
follow me because I bake. A lot of people still
follow me because I cook all those good things. And
it's been very fortunate to have that kind of a
well rounded career. Now money making comesation. Let's start up
right here. I get a lot of texts, I get
(02:04):
a lot of emails by people talking about they've looked
up my credit, They've looked at me on LinkedIn.
Speaker 1 (02:09):
They can give me.
Speaker 4 (02:10):
Fifty thousand dollars and give me sixty five thousand dollars.
Just give me a call, and what is a scam
and what you should be on the lookout. When people
start sending these texts, start sending these emails, engaging potential
business people who want that big break, who need just
a little money to jumpstart their dreams. Talk to us
(02:33):
about those emails that I be getting, and I'm sure
a lot of people out there get to.
Speaker 3 (02:38):
Yes, ra Sean, this is a really good question because
oftentimes we get hung up on these what ninety second
ig takes and you know, these shorts and all of
these conversations and our emails are being flooded now because
obviously there is funding now that is available for startups
(03:01):
and essentially you have to qualify. Oftentimes, when we are
seeing this, we're not actually talking about what the requirements are.
And so to make it really frank, because this is
what I do every day, and that is this, how
do you qualify? If you have a six point eighty
(03:23):
credit score or higher, you have at least four figures
in a credit card already, right, you need to have
at least ten thousand credit card already, Okay, and you
have a business that has a mission to make money
(03:46):
and your risk is low. This is the answer to
that question. So what that means is that, yes, if
you take the clickbake or you make the call, the
first thing thing that's going to happen is that we're
going to have a conversation with you first to find
out is your money mindset right, because we don't want
(04:07):
to be out here racking up the good debt and
then you're not gonna be responsible.
Speaker 5 (04:12):
That's number one, right.
Speaker 3 (04:14):
Are you ready to actually execute on the money so
that you can get a cash on cash return is
what we call it, and so you're able to deploy
that money properly to be able to pay the money back.
Speaker 2 (04:28):
So the bigger picture, though, Katrina, is that these are
unknown people contacting you, right, and so that means in
order to even go beyond, you got to share information
with them that can in turn enable people to scam you.
That's the bigger issue here because you get it all
(04:49):
the time.
Speaker 1 (04:50):
I get it from Chase, I get it from America Express.
Speaker 2 (04:53):
They'll tell you, hey, look you got a credit card here,
sign here. But that's a brand that we know is legit.
But there's so many companies out there now there's just
ramming you, ramming you, ramming your information and bargain opportunities.
Speaker 1 (05:08):
That scam side is very high.
Speaker 2 (05:10):
Not so much about the qualifying side, but that scam side,
that's the part that I really want to drive home
to everybody. Is that really really research? And if there
are any websites that they can go to the union please, yes.
Speaker 3 (05:25):
That is exactly a really good, really good question. And
the websites you want to go over to what we
call the Business Better BA right, the Business Bureau Right.
You want to go over to BBB right, and you
want to look up that company right and see what
their scores are and see if they have any bad reviews.
(05:48):
You want to do your homework, go over to the
Google dot com and do their homework and see do
they have any testimonials about people saying they're actually getting
money right. You can also vet them by asking them
who are they working with? So on the behind the
(06:08):
scenes as far as New Day for You financial, we
work with Chase, we work with American Express, US Bank,
all of the banks. We have relationships with these banks
and so we're outsourcing for them. And so that's how
we know one hundred percent that we're able to get
(06:29):
you money if you are qualified. And that's the key.
If you are qualified, and you have to make sure
that you vet the companies that you want to work
with to make sure that they are reputable companies.
Speaker 2 (06:43):
Let mention you just quaturia, I apologize. What's the minimum
somebody that needs to provide to you in order to
find out if they're qualified when they come to your
company New Day for You Financial Right.
Speaker 3 (06:57):
So if you go over right now to New Day
for You Financial dot Co. We have a pre approval process.
It's a soft pool process. We have a relationship with
Equifax where we can do a soft pool and we're
able to see whether you can qualify or not just
(07:18):
by looking at the information that is available. Once we
pre qualify you and get you pre approved, the next
step is that we're going to have a conversation with
you to make sure that you're able to pay the
money back.
Speaker 5 (07:31):
You have a plan for the money.
Speaker 3 (07:33):
And this is for startups only, obviously, if you're wanted
to get you know, some of the six and seven
figure We do SBA loans, We do collateral loans with
equipment purchase orders. We do loans as well as lines
of credit. And so how we're able to do that
(07:54):
is because we have the relationships with the bank and
they are doing the underwriting for us to be able
to make that happen. And so this is the process.
Speaker 2 (08:05):
Now, let's get their emotions out the way. Here, we're
talking about the president of the United States. Let's get
their emotion. It's all about money making conversations. It's about business.
Speaker 5 (08:13):
Let's talk about it.
Speaker 2 (08:14):
Let's talk about it here, because that's why I'm at
I voted the person I voted for.
Speaker 1 (08:20):
Okay, didn't win. I'm good. I'm good.
Speaker 2 (08:22):
I'm telling everybody I'm good. But I also have a
president who says he's pro entrepreneur, pro small business, or
going to upgrade the middle class. Talk about your vision
or the opportunities that may be presented in this new administration.
Speaker 3 (08:42):
Man, I'm telling you well in terms of during the campaign,
as you know, there was a lot of discussion about
Project twenty twenty five, right right. And so there's two
words that I have to say about this upcoming changes
and the shifts in this economy that's coming up up
in this Trump administration post might and administration.
Speaker 5 (09:04):
I sum it up in two ways. There's gonna be lots.
Speaker 3 (09:06):
Of change and a whole lot of less weight in
sea because you know, during the campaign they do a
lot of talking and you never know what they're really
going to do. But what he does have going for
him is that he has what both he has to
sit it at the house, right, so he has that
(09:26):
going for him. And so what I am recommending, at
least that's what I'm doing for me and my house,
is that I'm saying you need to be prepared, be
proactive and strategic planning, and get ready to pivot because
you don't know what he's going to actually do. Because
there's so many things that he has talked about, especially
(09:48):
for the business owner and individuals alike, terrorists, social security,
potential pending deportations. I mean, it's a lot going on here.
So we just got to wait and see. But there
is going to be a lot of change for sure.
Speaker 2 (10:01):
Well you know, like I said, also no taxo tips, Yeah,
no tax no tax on tips. But that's with any administration.
They all make big pictures about what they're gonna do,
you know. And well, and like I said, it's all
a wait and see. And I think I think that
when I do my show Money Making Conversations Masterclass, it's
(10:22):
all about information and information that can change your life.
And that's why you on the show talking about funding SBA.
Speaker 1 (10:30):
Let's move forward.
Speaker 2 (10:31):
Because twenty twenty five is a year that you can
be your best year if you plan. Now, you said
the word I thought was really key, Katrina, strategic.
Speaker 5 (10:41):
Strategic.
Speaker 1 (10:43):
Talk to us about that.
Speaker 3 (10:44):
Come on, it is very strategic. So, for example, strategically,
one of just just talk about the tax code, the
changes that he wants to make to the tax code,
right which you're beneficial for business owners. So one of
those things that is very strategic for business owners that
he wants to actually do is essentially us being able
(11:10):
to go back and have that one hundred percent right
off on any equipment, any vehicle, anything that you are
using in your business. You can get one hundred percent
right off in the first year.
Speaker 1 (11:23):
Come on, girl, I mean come on, because.
Speaker 3 (11:27):
Right now it's sixty percent, but it's going back in
twenty twenty six, it's going to go up to one
hundred percent. Now that thing right there that made me
feel real good.
Speaker 1 (11:36):
That's what I'm saying. What I'm saying is that you
can be angry. I got all.
Speaker 2 (11:40):
You can be emotional, but let's get back to business.
I'm teking if they ever brought back those personal credit
card deductions.
Speaker 1 (11:47):
Girl, I don't.
Speaker 5 (11:50):
And that's the thing.
Speaker 3 (11:50):
If you buy the equipment or whatever it is that
you're trying to do with a card, you can still
write it off.
Speaker 1 (11:59):
That's what I'm saying.
Speaker 3 (12:01):
This is I mean, I'm just saying there are some
you know, there are some things that really is going
to be pro business, that's going to be really really good.
Speaker 5 (12:11):
Now let's talk about some of these other things.
Speaker 3 (12:15):
Because that's he's going to potentially extend the Tax Cut
Jobs Acts. That's where we're getting that one hundred percent
expense deduction on R and D expenses, you know, any
type of expenses. Right, So that's the excellent thing. But
let's talk about this thing. Uh, he's going to be
(12:36):
cutting back on these these immigration these you know people.
Speaker 2 (12:42):
A lot of people who use those surfaces, and so
that's we don't know what it is. I don't know
how you can deport with leven the thirteen million people exactly.
You can create a system where you can stop people
from coming in.
Speaker 5 (12:57):
Yeah, I know that.
Speaker 1 (12:59):
To me, that was just political talk.
Speaker 5 (13:01):
Political talk it because it imacts too much.
Speaker 2 (13:05):
Right, and now I want to turn this into a political show.
But I do know, but this is my money making
conversations about lifestyles by finances by especially financial literacy. But
when you're talking about profit margin, that does make a
play if your business is tied to that type of worker,
mean an asset to your current current business. Yeah, when
(13:25):
we are talking about you though, Katrina, the business model,
the business plan. So many people you talked about the
credit report, but so many people coming to you with
this great idea to Katrina, but they don't have a
business plan.
Speaker 1 (13:39):
Will you tell my audience how you frown on people
who walk up to you without a business plan.
Speaker 3 (13:45):
Oh my god, you just don't even know it is.
So many people think that it's free money, right, and
you just have an idea pie in the sky. You
had a dream last night, and now you want your
money to be able to implement.
Speaker 5 (14:03):
You have to be strategic. You have to put.
Speaker 3 (14:05):
Together a business plan step by step on what you're
going to deploy the money to do. If you do
not have a plan on what you're going to do,
I call it your money mission. If you don't have
a mission for your money and you don't tell your
money where to go, guess what you're gonna look up
(14:26):
and that money is gonna be gone because you already know.
We have oftentimes a propensity to have money in our
pocket and it burns and it's hot and you have
to get it out of your pocket, right Or you
have a pocket, what holds in it?
Speaker 5 (14:42):
Like my grandmama used to say.
Speaker 3 (14:44):
But you have to have a plan for your money,
or your money will have a plan and you will
look up and that money will be gone and you're
old at money. And that's where you get the bad
rap and the bad credit. It's because you don't have
a plan for your money. You have to have a
spending plan.
Speaker 1 (14:59):
That's like you said, ear.
Speaker 2 (15:00):
You know, when people sit down with you, you want
to make sure how they can pay that money back.
Speaker 6 (15:06):
Please don't go anywhere. We'll be right back with more
money Making Conversations Masterclass. Welcome back to the Money Making
Conversations Masterclass, hosted by Rashaan McDonald. Money Making Conversations Masterclass
continues online at Moneymakingconversations dot com and follow money Making
(15:29):
Conversations Masterclass on Facebook, Twitter, and Instagram.
Speaker 1 (15:34):
Now let's get some let's get even deeper here. Relatives.
Speaker 2 (15:37):
You know how people treat relatives asking for money versus
a bank. And I try to treat and I've learned
over the years Katrina, there's a reason why lenders do
what they do. And please talk to my audience about
when relatives come to them for money. I don't care
(15:58):
if it's a small amount of money, large amount of money,
how you should treat them.
Speaker 3 (16:04):
So I have learned how you're supposed to treat relatives, friends, family, neighbors,
whomever that comes to you to borrow money. First of all,
you want to put in actual stipulations. I'm not gonna
say contract, but I'm just gonna say, you want to
(16:24):
have a contract or a written agreement, you know, on
what are the terms on which you are borrowing this
money for? So you say you want to borrow let's
just say ten thousand dollars. Okay, that's the amount. So
what I'm going to find out on what terms are
(16:47):
we going to have this repayment by when?
Speaker 5 (16:51):
How often?
Speaker 3 (16:51):
The frequency you're going to pay me, which is your
payments plan?
Speaker 5 (16:55):
By what date?
Speaker 3 (16:57):
And I'm gonna say this is what if you don't
pay me, this is the penalty. You know, I would
put some penalties in place on agreements saying if you
don't do this, hey, you could say collateral.
Speaker 1 (17:11):
You know.
Speaker 3 (17:11):
I'm just saying you know you could say, hey, if
you don't.
Speaker 1 (17:16):
Oh no, that's that's racist. Oh you you the man.
Now you trying to hold me back. Okay, you're my cousin,
you're my sister.
Speaker 3 (17:25):
No, if you're a good steward over your money, you
have to have some terms in place in order to borrow.
If people are gonna borrow money, you got to have
some type of terms in place. You can't just give
away money because why you're responsible. You've been giving stewardship
over what you've been blessed with, and so you can't
just give it away because why your money have a
(17:47):
mission and you want to be able to what double
your money you want? When you put money out, you
wanted to come back to you doublefore right, one hundred four.
So that's the terms of it, is that you're responsible.
And so I always just make an agreement and say this.
If I give you money, I'm going to decide is
it a gift or is it a loan?
Speaker 5 (18:09):
I give it to you.
Speaker 3 (18:10):
I don't expect anything back, there's no streams attached. Are
I'm going to put some terms in place in order
to make sure that I get my money back and
with interest.
Speaker 2 (18:21):
That's how I do it, I said, I look at
a person. I said, look, don't worry about paying me back. Here,
here's the money, because I'm not going to track you down.
I know exactly who I'm giving money to, because you
have to evaluate who you're giving your money to. Now,
I've also given money to people who I know I'm
going to give the money back. But also I'm giving
money to people I go, don't worry about it. I
got you. Don't worry about it. It's a gift. I
(18:42):
just want to see you be successful. But what I
just wanted to state in this conversation I was having
with Katrina here was that they are rules to being successful.
They are rules to borrow money. They're rules.
Speaker 1 (18:56):
And there's so many people in the minority community, the
community color, and I know it's difficult.
Speaker 2 (19:02):
I know our skin tone, I know our background may
hold us back. But when you're trying to borrow money,
there has to be rules. It has to they had
just because you want one hundred thousand dollars. If they
give you that one hundred thousand dollars and you don't
have a business plan, then they are the foods and
they will be shut down.
Speaker 5 (19:23):
There you go one hundred percent.
Speaker 3 (19:24):
If we have loans that we give out and they
become bad loans, that hurts my business. Right, So that's
why we vet our clients thoroughly and to make sure
that they have a plan in place. We can look
at their history to see what was the of they trustworthy?
What are their creditibility to other people? Right even with
(19:45):
your family, if you have other family members that said, hey,
they didn't pay me back, you have another family member
they didn't pay me back, So why you're gonna line
up to get not paid back?
Speaker 5 (19:55):
So it's the same thing with the paints.
Speaker 3 (19:57):
You know, they're gonna look at your credible, your history,
your credit profile, what have your history been, and so
these other things that I've been seeing out here is
that you're saying, hey, business, we're gonna get you business credit.
And you think you're gonna get business credit and they're
not gonna look at your personal credit profile. Well, they
don't have nothing to go by. They're not going to
just give you credit if they don't even know what
(20:20):
your history is.
Speaker 2 (20:22):
Oh, I love it, I love it. Katrina. We are
doing good girl. Okay, I'm talking to Katrina fitting she's
the CEO and CFO of New Day for You Financial. Now,
when I opened the show, I want to get back
to this, I said, you are a national leader and
business funding solutions. Katrina helps women business owners secure one
(20:43):
hundred thousand dollars in funding in one hundred days or
less with same their approvals and next day funding.
Speaker 1 (20:49):
Tell us how that works, right?
Speaker 3 (20:52):
So, for example, my one of my clients, Angeline, she
is a she's a tax accountant, she does taxes, she
does tax strategy and bookkeeping for her business. She came
to me she was like, Katrina, we are in need
of doing some rebranding for our business and I want
to get a minimum of one hundred k to be
(21:12):
able to deploy this to get some additional help and team.
And so that's what we did. We did a credit
analysis on her. We saw that she had good credibility,
she was very trustworthy, she paid her bills on time,
and she had a business that was already making revenue.
So if we already knew pre approval, we were able
(21:35):
to get her the money that she requested. We went
through the process of asking her what is your business plan,
what are you going to do with it? Once we applied,
we went through underwriting. We were able to secure her
one hundred and sixty thousand dollars in funding in less
than a week.
Speaker 5 (21:56):
Why because she was already ready, She.
Speaker 3 (22:00):
Had the revenue, she had the business plan, she already
had a business that was already operating. She's been in
business for over twenty years, right, so we know that
we can get that money to her really quick, right,
Versus someone who they have, you know, pretty sketchy credit. Right,
(22:23):
they have some challenges there, They've had a lot of
late pavements, they have some collections on that.
Speaker 5 (22:29):
We will tell.
Speaker 3 (22:29):
Them you need to go to. We have relationships with
credit restoration consultancies.
Speaker 5 (22:37):
We help them. We will refer them to get their credit,
you know.
Speaker 1 (22:40):
Right.
Speaker 3 (22:41):
Once they get their credit right and they are meeting
their requirements over time, we see they have some history
where they're starting to pay on time, then yes, we're
able to get them some funding as well. But we
want to make sure that we're not out here just
telling people we're going to give everybody one hundred thousand.
We have to pre qualify you first. Once you get
(23:02):
past our prequalification and you have a plan and a
mission for your money, oh, we can help you all day.
Speaker 2 (23:08):
I don't know it's right business plan here that business
player here, Katrina, she said, business plan and some years
in business, don't we're coming up here. You've been in
business for six months or year expecting to get a
lot of money because we have risk. It's risky, your
risk and a lot of people want to hear the
word risks when they starting to when you're messing with
their dreams though, Katrina, NOWTNA, what are the implications of
(23:31):
the ongoing discussions by Social Security benefits for everyday American?
Speaker 1 (23:35):
What are the implications there? Because I get my check,
I don't wonder if I messed.
Speaker 3 (23:40):
Look, I'm telling you my husband is looking forward to here.
So essentially, you know, there's obviously seventy something million Americans
who are on Social Security right and they are actually
just fixing it. According to a Cola, you know, they
are actually fixing to get a increase of two point
(24:01):
five percent on their Social Security So that's really good
that they're going to give them a you know, it's
a cost of living Cola is cost of living. Uh,
They're gonna give them a cost of living ring. So
everybody would get maybe about fifty dollars per month starting
in januaryuber Aria. So that's a good cost of living
adjustment that they're going to give them. But what he's
(24:22):
proposing our new administration coming in, what he's proposing is
there would be no taxes on your income coming in
through Social Security.
Speaker 5 (24:35):
This is what he's proposing.
Speaker 2 (24:37):
I'm gonna tell you something, I never understood why I'm
being taxed. Check's not that big anyway, it's it's the
most amazing. Okay, once I'm in retirement, I've worked all
my life.
Speaker 1 (24:46):
That money was supposed to have come out of my
work history.
Speaker 2 (24:50):
Now I get this check and this tax I never
understood that.
Speaker 1 (24:54):
I never understood.
Speaker 3 (24:55):
Yeah, it's just it's you know, I don't understand it either.
But at as you already know, it's all about, you know,
getting more money, right as the old folks say, uncle,
sound you know they won't they money?
Speaker 5 (25:09):
Right?
Speaker 3 (25:09):
But yes, but that's what he is actually proposed in
doing that is to allow them not to have to
pay taxes on that, which I am very much in
agreement with that.
Speaker 2 (25:21):
Now, with your experience in your background talking to CEO
and CFO of New Day for you financial, what are
all the services that you guys provide you to go
to the website. Can you give us a precursor on
what to expect when you go to the website and
what's your main purpose is? If there's funding other services
that you provide at New Day for you Financial.
Speaker 3 (25:43):
Yeah, so obviously we are a financial education consulting company
as well. So when you go over to New Day
FORU Financial dot Co. There we have a whole page
of all of the different services that we provide. Like
I had mentioned to you earlier, we provide SBA loans.
We actually provide equipment loans, Like if you've bought equipment,
(26:06):
you can get a loan against your equipment. If you
have government contracts and you know, I have a client
who's in construction and they her and her husband, they
have a business that they do flooring and they do
windows for apartment buildings and things of that nature. Well,
oftentimes they have these contracts where they have a promise
(26:27):
to pay and they have you know, obviously purchase artists
that are out there, but the work is not until
you know, six months later when they complete it. Well,
you can actually get a loan against those purchase orders, right,
And the other thing we do we can give you
get you lines of credit, which is really wonderful.
Speaker 5 (26:46):
I love this.
Speaker 3 (26:47):
It's kind of like a heelock, you know, like you
can go get an equity against your home. You can
get you know, a line of credit with credit card
companies like Chase and American We also do obviously zero
percent interest credit card. Now, this is the thing that's
hot right now is that literally we are able to
(27:09):
qualify you for a zero percent interest credit cards up
to eighteen to twenty one months in some cards, and
literally if you have a plan, a strategic plan to
go take you know, the twenty five grand that American
Express gives you on a credit card and you can
go put it into something like a business somehow. I'm
(27:34):
telling you, if you can turn that money around, you
could literally pay no interest on So that is what
is really really hot nowadays. And the other thing about it, Rashan,
is this you don't even have to show an actual
you don't even have to show that how much money
(27:55):
you actually make. They're just going by your credit score.
And you can get zero percent interest cards. And we
have something that we call credit card stacking where we're
able to get more from these banks all in one shot.
So it's a wonderful thing. I see people get fifty thousand,
sixty thousand just in credit cards and if you were
(28:17):
able to make that happen with zero percent interest, if
you got a plan, I'm telling you you can really
be able to do some things. And so that's just
a little bit about what we can do for those
who come to our website. And all it takes is
is clicking the button there to fill out the short application.
We don't ask for your social or anything of that nature.
(28:39):
We do look at experience doing a soft pool to
get you pre qualified. If you decide to move forward
with what we preapprove you with, we do ask for
an administrative back in once what we call a success fee.
If we get you the money, then you pay us.
We don't ask for no money until you actually get
(29:02):
your money. So that's what we do. And that's the
kind of uh, you know, reputation that we have as
well as in the the integrity that we have. We say,
if you don't get anything, we don't get paid. So
that's how good we are.
Speaker 1 (29:17):
Cool.
Speaker 2 (29:18):
I'll tell you what, Katrina, this is awesome. I'm gonna
bring you back in the first quarter after he settle
in yes, making these decisions, we're gonna find out if
we get that credit card one hundred percent right off
for the expense, we're gonna get no tax on Social Security,
We're gonna get no tax on tips. All those things
(29:39):
are big win. All those things mean, and that's how
you get the economy rolling. See, people don't understand that
when you start giving back and don't. If I don't
get taxed on my Social Security gets what that's money
I won't spend. That's how the economy. That's how the
economy rolls. When you have money to spend. If I'm
able to write off my business expense at one hundred
(30:00):
guess what I'm gonna take that money, I say, and
I'm gonna spend it. That's how the economy rolls. If
I am a waiter are operating off tips and it's
not tax I'm gonna take that money and I'm gonna
spend it.
Speaker 1 (30:12):
That's how the economy rolls. And all people don't.
Speaker 2 (30:15):
Understand that if you have money, you spend it. I
don't care who you are. And that's what we're talking about.
Not moving into twenty twenty five. I feel it's gonna
be a great year for us all as lung as
we understand if you have a business plan and if
you know somebody like Katrina fitting and you better have
your business plan together. And when you go to the website,
as she said, you know new day for you Financial
(30:37):
dot co.
Speaker 1 (30:38):
Yes and click that button. It can change your life.
Speaker 2 (30:41):
Katrina, thank you for coming on Money Making Conversations Masterclass.
Speaker 3 (30:44):
I appreciate you, thank you, thank you for having me
and look forward to coming back soon.
Speaker 2 (30:49):
This has been another edition of Money Making Conversation Masterclass
posted by me Rashaun McDonald. Thank you to our guests
on the show today and thank you. I'll listening to
audience now. If you want to listen to any episode
I want to be a guest on the show, visit
Moneymakingconversations dot com. Our social media handle is Moneymaking Conversation.
Join us next week and remember to always leave with
(31:11):
your gifts.
Speaker 1 (31:12):
Keep winning.
Welcome to the show.
Speaker 2 (00:06):
I am Rashan McDonald, the host of Money Making Conversations Masterclass,
where we encourage people to stop reading other people's success
stories and.
Speaker 1 (00:14):
Start planning their own. Listen up as I interview entrepreneurs.
Speaker 2 (00:18):
From around the country, talk to celebrities and ask them
how they are running their companies, and speak with dog
profits who are making a difference in their local communities. Now,
sit back and listen as we unlock the secrets to
their success on Money Making Conversations Masterclass. Hi, I am
Rashan McDonald, our host of weekly Money Making Conversations Masterclass.
Speaker 1 (00:40):
Show.
Speaker 2 (00:40):
The interviews and information that this show provides off for everyone.
It's time to stop reading other people's success stories and
start living your own. If you want to be a
guest on my show, please visit our website, Moneymakingconversations dot
com and click to be a guest button. My next
guest is an award winning finance expert and best selling offer.
(01:01):
She's also the CEO and CFO of New Day for
You Financial. She is a national leader and business Funding Solutions.
Katrina helps women business owners secure up to one hundred
thousand dollars in funding in one hundred days or less
with same day approval and next day funding. This is
the right person to have on money making conversations. Please
(01:23):
work with the money Making Conversations masterclass, Katrina fitting.
Speaker 1 (01:27):
How you doing, Katrina, I am doing wonderful.
Speaker 3 (01:31):
Nice to be here, Nice to meet you once again.
I remember seeing you long years ago on the Steve
Harvey Show.
Speaker 1 (01:40):
That's my man, my man, Steve Harvey.
Speaker 2 (01:43):
I'm cooking up stuff here, cooking up money ideas and everything.
But it's really funny, Katrina. A lot of people still
follow me because I bake. A lot of people still
follow me because I cook all those good things. And
it's been very fortunate to have that kind of a
well rounded career. Now money making comesation. Let's start up
right here. I get a lot of texts, I get
(02:04):
a lot of emails by people talking about they've looked
up my credit, They've looked at me on LinkedIn.
Speaker 1 (02:09):
They can give me.
Speaker 4 (02:10):
Fifty thousand dollars and give me sixty five thousand dollars.
Just give me a call, and what is a scam
and what you should be on the lookout. When people
start sending these texts, start sending these emails, engaging potential
business people who want that big break, who need just
a little money to jumpstart their dreams. Talk to us
(02:33):
about those emails that I be getting, and I'm sure
a lot of people out there get to.
Speaker 3 (02:38):
Yes, ra Sean, this is a really good question because
oftentimes we get hung up on these what ninety second
ig takes and you know, these shorts and all of
these conversations and our emails are being flooded now because
obviously there is funding now that is available for startups
(03:01):
and essentially you have to qualify. Oftentimes, when we are
seeing this, we're not actually talking about what the requirements are.
And so to make it really frank, because this is
what I do every day, and that is this, how
do you qualify? If you have a six point eighty
(03:23):
credit score or higher, you have at least four figures
in a credit card already, right, you need to have
at least ten thousand credit card already, Okay, and you
have a business that has a mission to make money
(03:46):
and your risk is low. This is the answer to
that question. So what that means is that, yes, if
you take the clickbake or you make the call, the
first thing thing that's going to happen is that we're
going to have a conversation with you first to find
out is your money mindset right, because we don't want
(04:07):
to be out here racking up the good debt and
then you're not gonna be responsible.
Speaker 5 (04:12):
That's number one, right.
Speaker 3 (04:14):
Are you ready to actually execute on the money so
that you can get a cash on cash return is
what we call it, and so you're able to deploy
that money properly to be able to pay the money back.
Speaker 2 (04:28):
So the bigger picture, though, Katrina, is that these are
unknown people contacting you, right, and so that means in
order to even go beyond, you got to share information
with them that can in turn enable people to scam you.
That's the bigger issue here because you get it all
(04:49):
the time.
Speaker 1 (04:50):
I get it from Chase, I get it from America Express.
Speaker 2 (04:53):
They'll tell you, hey, look you got a credit card here,
sign here. But that's a brand that we know is legit.
But there's so many companies out there now there's just
ramming you, ramming you, ramming your information and bargain opportunities.
Speaker 1 (05:08):
That scam side is very high.
Speaker 2 (05:10):
Not so much about the qualifying side, but that scam side,
that's the part that I really want to drive home
to everybody. Is that really really research? And if there
are any websites that they can go to the union please, yes.
Speaker 3 (05:25):
That is exactly a really good, really good question. And
the websites you want to go over to what we
call the Business Better BA right, the Business Bureau Right.
You want to go over to BBB right, and you
want to look up that company right and see what
their scores are and see if they have any bad reviews.
(05:48):
You want to do your homework, go over to the
Google dot com and do their homework and see do
they have any testimonials about people saying they're actually getting
money right. You can also vet them by asking them
who are they working with? So on the behind the
(06:08):
scenes as far as New Day for You financial, we
work with Chase, we work with American Express, US Bank,
all of the banks. We have relationships with these banks
and so we're outsourcing for them. And so that's how
we know one hundred percent that we're able to get
(06:29):
you money if you are qualified. And that's the key.
If you are qualified, and you have to make sure
that you vet the companies that you want to work
with to make sure that they are reputable companies.
Speaker 2 (06:43):
Let mention you just quaturia, I apologize. What's the minimum
somebody that needs to provide to you in order to
find out if they're qualified when they come to your
company New Day for You Financial Right.
Speaker 3 (06:57):
So if you go over right now to New Day
for You Financial dot Co. We have a pre approval process.
It's a soft pool process. We have a relationship with
Equifax where we can do a soft pool and we're
able to see whether you can qualify or not just
(07:18):
by looking at the information that is available. Once we
pre qualify you and get you pre approved, the next
step is that we're going to have a conversation with
you to make sure that you're able to pay the
money back.
Speaker 5 (07:31):
You have a plan for the money.
Speaker 3 (07:33):
And this is for startups only, obviously, if you're wanted
to get you know, some of the six and seven
figure We do SBA loans, We do collateral loans with
equipment purchase orders. We do loans as well as lines
of credit. And so how we're able to do that
(07:54):
is because we have the relationships with the bank and
they are doing the underwriting for us to be able
to make that happen. And so this is the process.
Speaker 2 (08:05):
Now, let's get their emotions out the way. Here, we're
talking about the president of the United States. Let's get
their emotion. It's all about money making conversations. It's about business.
Speaker 5 (08:13):
Let's talk about it.
Speaker 2 (08:14):
Let's talk about it here, because that's why I'm at
I voted the person I voted for.
Speaker 1 (08:20):
Okay, didn't win. I'm good. I'm good.
Speaker 2 (08:22):
I'm telling everybody I'm good. But I also have a
president who says he's pro entrepreneur, pro small business, or
going to upgrade the middle class. Talk about your vision
or the opportunities that may be presented in this new administration.
Speaker 3 (08:42):
Man, I'm telling you well in terms of during the campaign,
as you know, there was a lot of discussion about
Project twenty twenty five, right right. And so there's two
words that I have to say about this upcoming changes
and the shifts in this economy that's coming up up
in this Trump administration post might and administration.
Speaker 5 (09:04):
I sum it up in two ways. There's gonna be lots.
Speaker 3 (09:06):
Of change and a whole lot of less weight in
sea because you know, during the campaign they do a
lot of talking and you never know what they're really
going to do. But what he does have going for
him is that he has what both he has to
sit it at the house, right, so he has that
(09:26):
going for him. And so what I am recommending, at
least that's what I'm doing for me and my house,
is that I'm saying you need to be prepared, be
proactive and strategic planning, and get ready to pivot because
you don't know what he's going to actually do. Because
there's so many things that he has talked about, especially
(09:48):
for the business owner and individuals alike, terrorists, social security,
potential pending deportations. I mean, it's a lot going on here.
So we just got to wait and see. But there
is going to be a lot of change for sure.
Speaker 2 (10:01):
Well you know, like I said, also no taxo tips, Yeah,
no tax no tax on tips. But that's with any administration.
They all make big pictures about what they're gonna do,
you know. And well, and like I said, it's all
a wait and see. And I think I think that
when I do my show Money Making Conversations Masterclass, it's
(10:22):
all about information and information that can change your life.
And that's why you on the show talking about funding SBA.
Speaker 1 (10:30):
Let's move forward.
Speaker 2 (10:31):
Because twenty twenty five is a year that you can
be your best year if you plan. Now, you said
the word I thought was really key, Katrina, strategic.
Speaker 5 (10:41):
Strategic.
Speaker 1 (10:43):
Talk to us about that.
Speaker 3 (10:44):
Come on, it is very strategic. So, for example, strategically,
one of just just talk about the tax code, the
changes that he wants to make to the tax code,
right which you're beneficial for business owners. So one of
those things that is very strategic for business owners that
he wants to actually do is essentially us being able
(11:10):
to go back and have that one hundred percent right
off on any equipment, any vehicle, anything that you are
using in your business. You can get one hundred percent
right off in the first year.
Speaker 1 (11:23):
Come on, girl, I mean come on, because.
Speaker 3 (11:27):
Right now it's sixty percent, but it's going back in
twenty twenty six, it's going to go up to one
hundred percent. Now that thing right there that made me
feel real good.
Speaker 1 (11:36):
That's what I'm saying. What I'm saying is that you
can be angry. I got all.
Speaker 2 (11:40):
You can be emotional, but let's get back to business.
I'm teking if they ever brought back those personal credit
card deductions.
Speaker 1 (11:47):
Girl, I don't.
Speaker 5 (11:50):
And that's the thing.
Speaker 3 (11:50):
If you buy the equipment or whatever it is that
you're trying to do with a card, you can still
write it off.
Speaker 1 (11:59):
That's what I'm saying.
Speaker 3 (12:01):
This is I mean, I'm just saying there are some
you know, there are some things that really is going
to be pro business, that's going to be really really good.
Speaker 5 (12:11):
Now let's talk about some of these other things.
Speaker 3 (12:15):
Because that's he's going to potentially extend the Tax Cut
Jobs Acts. That's where we're getting that one hundred percent
expense deduction on R and D expenses, you know, any
type of expenses. Right, So that's the excellent thing. But
let's talk about this thing. Uh, he's going to be
(12:36):
cutting back on these these immigration these you know people.
Speaker 2 (12:42):
A lot of people who use those surfaces, and so
that's we don't know what it is. I don't know
how you can deport with leven the thirteen million people exactly.
You can create a system where you can stop people
from coming in.
Speaker 5 (12:57):
Yeah, I know that.
Speaker 1 (12:59):
To me, that was just political talk.
Speaker 5 (13:01):
Political talk it because it imacts too much.
Speaker 2 (13:05):
Right, and now I want to turn this into a political show.
But I do know, but this is my money making
conversations about lifestyles by finances by especially financial literacy. But
when you're talking about profit margin, that does make a
play if your business is tied to that type of worker,
mean an asset to your current current business. Yeah, when
(13:25):
we are talking about you though, Katrina, the business model,
the business plan. So many people you talked about the
credit report, but so many people coming to you with
this great idea to Katrina, but they don't have a
business plan.
Speaker 1 (13:39):
Will you tell my audience how you frown on people
who walk up to you without a business plan.
Speaker 3 (13:45):
Oh my god, you just don't even know it is.
So many people think that it's free money, right, and
you just have an idea pie in the sky. You
had a dream last night, and now you want your
money to be able to implement.
Speaker 5 (14:03):
You have to be strategic. You have to put.
Speaker 3 (14:05):
Together a business plan step by step on what you're
going to deploy the money to do. If you do
not have a plan on what you're going to do,
I call it your money mission. If you don't have
a mission for your money and you don't tell your
money where to go, guess what you're gonna look up
(14:26):
and that money is gonna be gone because you already know.
We have oftentimes a propensity to have money in our
pocket and it burns and it's hot and you have
to get it out of your pocket, right Or you
have a pocket, what holds in it?
Speaker 5 (14:42):
Like my grandmama used to say.
Speaker 3 (14:44):
But you have to have a plan for your money,
or your money will have a plan and you will
look up and that money will be gone and you're
old at money. And that's where you get the bad
rap and the bad credit. It's because you don't have
a plan for your money. You have to have a
spending plan.
Speaker 1 (14:59):
That's like you said, ear.
Speaker 2 (15:00):
You know, when people sit down with you, you want
to make sure how they can pay that money back.
Speaker 6 (15:06):
Please don't go anywhere. We'll be right back with more
money Making Conversations Masterclass. Welcome back to the Money Making
Conversations Masterclass, hosted by Rashaan McDonald. Money Making Conversations Masterclass
continues online at Moneymakingconversations dot com and follow money Making
(15:29):
Conversations Masterclass on Facebook, Twitter, and Instagram.
Speaker 1 (15:34):
Now let's get some let's get even deeper here. Relatives.
Speaker 2 (15:37):
You know how people treat relatives asking for money versus
a bank. And I try to treat and I've learned
over the years Katrina, there's a reason why lenders do
what they do. And please talk to my audience about
when relatives come to them for money. I don't care
(15:58):
if it's a small amount of money, large amount of money,
how you should treat them.
Speaker 3 (16:04):
So I have learned how you're supposed to treat relatives, friends, family, neighbors,
whomever that comes to you to borrow money. First of all,
you want to put in actual stipulations. I'm not gonna
say contract, but I'm just gonna say, you want to
(16:24):
have a contract or a written agreement, you know, on
what are the terms on which you are borrowing this
money for? So you say you want to borrow let's
just say ten thousand dollars. Okay, that's the amount. So
what I'm going to find out on what terms are
(16:47):
we going to have this repayment by when?
Speaker 5 (16:51):
How often?
Speaker 3 (16:51):
The frequency you're going to pay me, which is your
payments plan?
Speaker 5 (16:55):
By what date?
Speaker 3 (16:57):
And I'm gonna say this is what if you don't
pay me, this is the penalty. You know, I would
put some penalties in place on agreements saying if you
don't do this, hey, you could say collateral.
Speaker 1 (17:11):
You know.
Speaker 3 (17:11):
I'm just saying you know you could say, hey, if
you don't.
Speaker 1 (17:16):
Oh no, that's that's racist. Oh you you the man.
Now you trying to hold me back. Okay, you're my cousin,
you're my sister.
Speaker 3 (17:25):
No, if you're a good steward over your money, you
have to have some terms in place in order to borrow.
If people are gonna borrow money, you got to have
some type of terms in place. You can't just give
away money because why you're responsible. You've been giving stewardship
over what you've been blessed with, and so you can't
just give it away because why your money have a
(17:47):
mission and you want to be able to what double
your money you want? When you put money out, you
wanted to come back to you doublefore right, one hundred four.
So that's the terms of it, is that you're responsible.
And so I always just make an agreement and say this.
If I give you money, I'm going to decide is
it a gift or is it a loan?
Speaker 5 (18:09):
I give it to you.
Speaker 3 (18:10):
I don't expect anything back, there's no streams attached. Are
I'm going to put some terms in place in order
to make sure that I get my money back and
with interest.
Speaker 2 (18:21):
That's how I do it, I said, I look at
a person. I said, look, don't worry about paying me back. Here,
here's the money, because I'm not going to track you down.
I know exactly who I'm giving money to, because you
have to evaluate who you're giving your money to. Now,
I've also given money to people who I know I'm
going to give the money back. But also I'm giving
money to people I go, don't worry about it. I
got you. Don't worry about it. It's a gift. I
(18:42):
just want to see you be successful. But what I
just wanted to state in this conversation I was having
with Katrina here was that they are rules to being successful.
They are rules to borrow money. They're rules.
Speaker 1 (18:56):
And there's so many people in the minority community, the
community color, and I know it's difficult.
Speaker 2 (19:02):
I know our skin tone, I know our background may
hold us back. But when you're trying to borrow money,
there has to be rules. It has to they had
just because you want one hundred thousand dollars. If they
give you that one hundred thousand dollars and you don't
have a business plan, then they are the foods and
they will be shut down.
Speaker 5 (19:23):
There you go one hundred percent.
Speaker 3 (19:24):
If we have loans that we give out and they
become bad loans, that hurts my business. Right, So that's
why we vet our clients thoroughly and to make sure
that they have a plan in place. We can look
at their history to see what was the of they trustworthy?
What are their creditibility to other people? Right even with
(19:45):
your family, if you have other family members that said, hey,
they didn't pay me back, you have another family member
they didn't pay me back, So why you're gonna line
up to get not paid back?
Speaker 5 (19:55):
So it's the same thing with the paints.
Speaker 3 (19:57):
You know, they're gonna look at your credible, your history,
your credit profile, what have your history been, and so
these other things that I've been seeing out here is
that you're saying, hey, business, we're gonna get you business credit.
And you think you're gonna get business credit and they're
not gonna look at your personal credit profile. Well, they
don't have nothing to go by. They're not going to
just give you credit if they don't even know what
(20:20):
your history is.
Speaker 2 (20:22):
Oh, I love it, I love it. Katrina. We are
doing good girl. Okay, I'm talking to Katrina fitting she's
the CEO and CFO of New Day for You Financial. Now,
when I opened the show, I want to get back
to this, I said, you are a national leader and
business funding solutions. Katrina helps women business owners secure one
(20:43):
hundred thousand dollars in funding in one hundred days or
less with same their approvals and next day funding.
Speaker 1 (20:49):
Tell us how that works, right?
Speaker 3 (20:52):
So, for example, my one of my clients, Angeline, she
is a she's a tax accountant, she does taxes, she
does tax strategy and bookkeeping for her business. She came
to me she was like, Katrina, we are in need
of doing some rebranding for our business and I want
to get a minimum of one hundred k to be
(21:12):
able to deploy this to get some additional help and team.
And so that's what we did. We did a credit
analysis on her. We saw that she had good credibility,
she was very trustworthy, she paid her bills on time,
and she had a business that was already making revenue.
So if we already knew pre approval, we were able
(21:35):
to get her the money that she requested. We went
through the process of asking her what is your business plan,
what are you going to do with it? Once we applied,
we went through underwriting. We were able to secure her
one hundred and sixty thousand dollars in funding in less
than a week.
Speaker 5 (21:56):
Why because she was already ready, She.
Speaker 3 (22:00):
Had the revenue, she had the business plan, she already
had a business that was already operating. She's been in
business for over twenty years, right, so we know that
we can get that money to her really quick, right,
Versus someone who they have, you know, pretty sketchy credit. Right,
(22:23):
they have some challenges there, They've had a lot of
late pavements, they have some collections on that.
Speaker 5 (22:29):
We will tell.
Speaker 3 (22:29):
Them you need to go to. We have relationships with
credit restoration consultancies.
Speaker 5 (22:37):
We help them. We will refer them to get their credit,
you know.
Speaker 1 (22:40):
Right.
Speaker 3 (22:41):
Once they get their credit right and they are meeting
their requirements over time, we see they have some history
where they're starting to pay on time, then yes, we're
able to get them some funding as well. But we
want to make sure that we're not out here just
telling people we're going to give everybody one hundred thousand.
We have to pre qualify you first. Once you get
(23:02):
past our prequalification and you have a plan and a
mission for your money, oh, we can help you all day.
Speaker 2 (23:08):
I don't know it's right business plan here that business
player here, Katrina, she said, business plan and some years
in business, don't we're coming up here. You've been in
business for six months or year expecting to get a
lot of money because we have risk. It's risky, your
risk and a lot of people want to hear the
word risks when they starting to when you're messing with
their dreams though, Katrina, NOWTNA, what are the implications of
(23:31):
the ongoing discussions by Social Security benefits for everyday American?
Speaker 1 (23:35):
What are the implications there? Because I get my check,
I don't wonder if I messed.
Speaker 3 (23:40):
Look, I'm telling you my husband is looking forward to here.
So essentially, you know, there's obviously seventy something million Americans
who are on Social Security right and they are actually
just fixing it. According to a Cola, you know, they
are actually fixing to get a increase of two point
(24:01):
five percent on their Social Security So that's really good
that they're going to give them a you know, it's
a cost of living Cola is cost of living. Uh,
They're gonna give them a cost of living ring. So
everybody would get maybe about fifty dollars per month starting
in januaryuber Aria. So that's a good cost of living
adjustment that they're going to give them. But what he's
(24:22):
proposing our new administration coming in, what he's proposing is
there would be no taxes on your income coming in
through Social Security.
Speaker 5 (24:35):
This is what he's proposing.
Speaker 2 (24:37):
I'm gonna tell you something, I never understood why I'm
being taxed. Check's not that big anyway, it's it's the
most amazing. Okay, once I'm in retirement, I've worked all
my life.
Speaker 1 (24:46):
That money was supposed to have come out of my
work history.
Speaker 2 (24:50):
Now I get this check and this tax I never
understood that.
Speaker 1 (24:54):
I never understood.
Speaker 3 (24:55):
Yeah, it's just it's you know, I don't understand it either.
But at as you already know, it's all about, you know,
getting more money, right as the old folks say, uncle,
sound you know they won't they money?
Speaker 5 (25:09):
Right?
Speaker 3 (25:09):
But yes, but that's what he is actually proposed in
doing that is to allow them not to have to
pay taxes on that, which I am very much in
agreement with that.
Speaker 2 (25:21):
Now, with your experience in your background talking to CEO
and CFO of New Day for you financial, what are
all the services that you guys provide you to go
to the website. Can you give us a precursor on
what to expect when you go to the website and
what's your main purpose is? If there's funding other services
that you provide at New Day for you Financial.
Speaker 3 (25:43):
Yeah, so obviously we are a financial education consulting company
as well. So when you go over to New Day
FORU Financial dot Co. There we have a whole page
of all of the different services that we provide. Like
I had mentioned to you earlier, we provide SBA loans.
We actually provide equipment loans, Like if you've bought equipment,
(26:06):
you can get a loan against your equipment. If you
have government contracts and you know, I have a client
who's in construction and they her and her husband, they
have a business that they do flooring and they do
windows for apartment buildings and things of that nature. Well,
oftentimes they have these contracts where they have a promise
(26:27):
to pay and they have you know, obviously purchase artists
that are out there, but the work is not until
you know, six months later when they complete it. Well,
you can actually get a loan against those purchase orders, right,
And the other thing we do we can give you
get you lines of credit, which is really wonderful.
Speaker 5 (26:46):
I love this.
Speaker 3 (26:47):
It's kind of like a heelock, you know, like you
can go get an equity against your home. You can
get you know, a line of credit with credit card
companies like Chase and American We also do obviously zero
percent interest credit card. Now, this is the thing that's
hot right now is that literally we are able to
(27:09):
qualify you for a zero percent interest credit cards up
to eighteen to twenty one months in some cards, and
literally if you have a plan, a strategic plan to
go take you know, the twenty five grand that American
Express gives you on a credit card and you can
go put it into something like a business somehow. I'm
(27:34):
telling you, if you can turn that money around, you
could literally pay no interest on So that is what
is really really hot nowadays. And the other thing about it, Rashan,
is this you don't even have to show an actual
you don't even have to show that how much money
(27:55):
you actually make. They're just going by your credit score.
And you can get zero percent interest cards. And we
have something that we call credit card stacking where we're
able to get more from these banks all in one shot.
So it's a wonderful thing. I see people get fifty thousand,
sixty thousand just in credit cards and if you were
(28:17):
able to make that happen with zero percent interest, if
you got a plan, I'm telling you you can really
be able to do some things. And so that's just
a little bit about what we can do for those
who come to our website. And all it takes is
is clicking the button there to fill out the short application.
We don't ask for your social or anything of that nature.
(28:39):
We do look at experience doing a soft pool to
get you pre qualified. If you decide to move forward
with what we preapprove you with, we do ask for
an administrative back in once what we call a success fee.
If we get you the money, then you pay us.
We don't ask for no money until you actually get
(29:02):
your money. So that's what we do. And that's the
kind of uh, you know, reputation that we have as
well as in the the integrity that we have. We say,
if you don't get anything, we don't get paid. So
that's how good we are.
Speaker 1 (29:17):
Cool.
Speaker 2 (29:18):
I'll tell you what, Katrina, this is awesome. I'm gonna
bring you back in the first quarter after he settle
in yes, making these decisions, we're gonna find out if
we get that credit card one hundred percent right off
for the expense, we're gonna get no tax on Social Security,
We're gonna get no tax on tips. All those things
(29:39):
are big win. All those things mean, and that's how
you get the economy rolling. See, people don't understand that
when you start giving back and don't. If I don't
get taxed on my Social Security gets what that's money
I won't spend. That's how the economy. That's how the
economy rolls. When you have money to spend. If I'm
able to write off my business expense at one hundred
(30:00):
guess what I'm gonna take that money, I say, and
I'm gonna spend it. That's how the economy rolls. If
I am a waiter are operating off tips and it's
not tax I'm gonna take that money and I'm gonna
spend it.
Speaker 1 (30:12):
That's how the economy rolls. And all people don't.
Speaker 2 (30:15):
Understand that if you have money, you spend it. I
don't care who you are. And that's what we're talking about.
Not moving into twenty twenty five. I feel it's gonna
be a great year for us all as lung as
we understand if you have a business plan and if
you know somebody like Katrina fitting and you better have
your business plan together. And when you go to the website,
as she said, you know new day for you Financial
(30:37):
dot co.
Speaker 1 (30:38):
Yes and click that button. It can change your life.
Speaker 2 (30:41):
Katrina, thank you for coming on Money Making Conversations Masterclass.
Speaker 3 (30:44):
I appreciate you, thank you, thank you for having me
and look forward to coming back soon.
Speaker 2 (30:49):
This has been another edition of Money Making Conversation Masterclass
posted by me Rashaun McDonald. Thank you to our guests
on the show today and thank you. I'll listening to
audience now. If you want to listen to any episode
I want to be a guest on the show, visit
Moneymakingconversations dot com. Our social media handle is Moneymaking Conversation.
Join us next week and remember to always leave with
(31:11):
your gifts.
Speaker 1 (31:12):
Keep winning.
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