Jay-Z Talks Money Handouts Coming Between Friends & Family
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- Опубліковано 17 лип 2022
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Never "loan" money to family. Either give it to them or just say no.
Facts. I never loan what I can't afford to lose
Some ppl don't have enough to give but can loan out to a loved one. Also some ppl don't need a handout but a loan. In life general there is no one shoe fits all... So I think in other to be safe you gotta jst knw how to navigate that space and you won't always win....jst like life.
that's the stupidest shit I ever heard. that's why most of y'all won't be blessed with millions with that type of heart. I'll give my last $20 to my sister if she needed it.
@@nonsochidolue7079 nah, just give it freely. Don't give anything you can't afford to loose. Many of us loaned people money and never got our money back, there is no way to navigate people stealing from you. And it is stealing if you promise to pay people back and never do so.
@@nonsochidolue7079 My mother always taught me that if I don’t have enough to give, I don’t have enough to loan. There are NO guarantees you will get your money back when you need it.
Being an immigrant I know this feeling way too well , you could be living paycheck to paycheck and people back home will still be calling you everyday demanding you send them money and material things and when you explain to them how this country works they don’t believe you and think you’re holding out . Crazy thing is if you send them an amount they think is too small compared to what they think you have they won’t even call back to say thank you . They ask for new iPhones ect I don’t even have the latest phones but I’m supposed to just spent 1k to hand a grown adult a new phone simply cause we’re related ?
Of course living in poverty is hard but stop being fucking entitled to people’s money, it takes the joy out of generosity
Preach
Well spoken
I have heard similar to this. My husband's family is from Trinidad. He was born in the U.S. His mom was a nurse, and his dad had a blue collar job. You would think on a nurse's salary they would be living okay in the 90s. He said they grew up poor. He found out they were sending a lot of money back home. He has 6 siblings, and they were struggling to eat. Their family back home did not care. They thought they were rich coming to America.
This happens all over the world. A sense of entitlement.
@@sagieatz433 yess exactly this an unspoken struggle of most immigrants that most Americans dont know about ,they could be making $5/hour under the table or working in the fields they still gotta send half back home . Survivors guilt also keeps them codependent making them feel like they have to be the one to help since they remember how bad things were back home .barely making ends meet for ungrateful entitled family members ,paying school tuitions back home ect 😩
JayZ makes great points. Especially regarding the mindset growth difference. Some people leave school and become adults, but still have a teenage mindset.
You spoke nothing but the truth💯
My mother told me never give what you can't afford to give away. Energy, money, time, love. Whatever it is. You have to learn to say NO.
I love that GO MOMS
I hear you but at the same time you reap what you sow. Often times giving when it hurts the most reaps the greatest harvest/reward. Remember the widows mite.
That lady is a real one 👑💯🙏🏽
If u cant swim and u jump in the river trying to save someone else, well... thats two drowing people. 👍🏽
She was wise to utter those words.
I had a relative who won $13k, only $13k.. AND I was SHOCKED and DISMAYED at the number of people who came out of the woodwork asking for a little something. It was unbelievable. I can't imagine what someone like Jay-Z has went through.
This is why if you win the lottery you can't tell people about it. If you gave to everyone that comes at you with a sob story there'd be no money left.
Must be from the south
People that haven’t called you for years will be trying to get in touch with you. Honestly the only people I would try to help out would be those who was around/helped out before the money rolled in.
@@jlv3x Best thing to do if you win the lottery
1)Hire a law firm/real lawyer to handle it they the ones that will get your ticket situated with the state that you won the lottery with so you can be Anonymous. (If you just go to turn In Your ticket to the state it’s possible they cannot keep you Anonymous)
2)Get the heck outta town or go to a Hotel that has security where only get with a hotel key can get to the elevators to your room.
@@UnknownRaiderGuy some states you cannot remain anonymous
I have a cousin that legit made 100 mill in the NBA. And he always showed love, as far as hanging out and taking us on trips. So I never thought to ask for anything. But at one point I was going thru a financial hardship, he literally cursed me out because I DIDN'T ask lol. He said it's one thing to use him but he will never have a problem helping family if he can. I always respected that about him. Real solid dude!
💖💯
Much respect brotha
Who is your cousin?
@@pfunk1992 Obviously he didn't want to say.
This is the fundamental difference people tend to ignore. People with money typically have no issue giving money to their relatives when they're going through tough times. But giving away money to portray a certain image is a no-no.
I've learned that you can tell a person "yes" 10 times but the second you tell them "no" they catch an attitude or say your are acting different.
Ironically his wife beyonce has a song about that..
@@Elketjeable Ahh, yep!
@@Elketjeable really what is it?
@@wavybebes6979 It’s called ‘Yes’
🎶 I said yes to your number
And yes to you dating me
Yes, we could be together but you gotta wait for me
The first time I say no, it's like I never said yes 🎶
Families and friends aren’t entitled to your MONEY 💴 ‼️💯
Period.
@@tfptravel.food.peace.3788 💯
I don't consider myself a financially stable person but still am made feel that way by some of my family back in Africa. We can't have a conversation without someone needing something! It's exhausting
I have a friend from a country in Africa who says that he can't let friends and some family know when he's coming home from the US because they'll wait at the airport to rob him!! They think he's rich just because he lives here.
Unfortunately those people really believe what they see on tv and movies about America and think everyone here is doing well.
Facts the way they think it’s crazy
Jay-Z is dope! Very inspiring and well spoken.
He spoke the truth! 👌🏾
No he's not ..he builds nothing to help Black America as a group ..infact he said all Black People should get past kneeling after the NFL gave him that check ..he's not dope ..he's a true coward "for now"
Well spoken???
@@Chaison707 Yes! He spoke truth and was very articulate in doing so. Just my perspective.
@@latiaphillips-bey1395 I understand tht
I hate the fact that family and friends always feel entitled to something that you worked hard for .
You should still help them out. There’s many talented men out there in the hood that are dirt poor that are just as talented as Jay Z. Jay Z just got lucky. He should use his luck to help his underprivileged friends and family members. It’s just the right thing to do
@@MALXCX It is the right thing to do but most people take advantage of others and you can't help everybody . You do that and you'll end up broke .
@@MALXCX you have to tread carefully though because you may end up right back where you started.
@@MALXCX I’m sure he makes sure his immediate family is good. You can’t financially support 50-11 cousins though.
Stop lending money and expecting it back. It is not all about you!
My uncle is a famous comedian n I never asked him for anything but he looked out for me more than my own father so I appreciate that regardless of all his flaws shout out to Corey Holcomb for looking out for his nephew I'll be able to repay the debt soon enough tho 💯
5150 Nigga
@@shushjones6671 heavy on it too
Oh is it corey your uncle wow that's cool man. One id my favourite. Tell him he's one of the greats 👍
Chi Town. I took my conservative Christian mom to see him. I was so scared she was gone walk out. But she let her hair down and enjoy herself. Big ups
@@Age1TheRealOne I'm glad yall had fun
I wish I had that problem. Family see me and be like, “oh yeah he don’t have it” 🙄 lol
😁 😂 😀
Same lol
Legendary
😂😂😂
Can we all please applaud Charlemagne for pronouncing the hardest urban word to say ever... "ASK."
Seriously I've very proud of him
Stop that.
True. BUT..he still says "Sk" for ANY/ALL words that start with "St". Skreet, Skrawberry.
it really is a hard word
Ugh!! This is used incorrectly so much it’s insane.
I'm just glad i've never heard him say "howdy" instead of "how do you do/how are you" but i bet you said that at least three times today
“It’s always a blessing to be a blessing” I love that.
If Jay's cousin only needed $4800 to fund "his" dream he could have taken out a personal loan for that. Now, the correct way would have been to show how Jay's involvement in his business venture would make Jay some money if he partners with him. Granted that he has already invested in his own dream first.
It is so joyful when most your family & friends are doing well and are financially responsible. Enjoying nice dinners and mini vacations. But dam-it, we ain't there yet!!!
I like the dialogue between Yee and Charlamagne. They seem so cool now. Love to see it.
Yes I’m glad they cleared whatever energy existed in the past. I’m sure they still have their moments as coworkers / acquaintances but they’re both big enough to work through it!
Thank you for sharing. Much-Love.
Happy Monday everyone! Keep the positivity and love Throughout the world! #Peace ✌🏾🙏🏾💞💞
This reminds me of the Dave Chappelle episode when they found out about his $50 million deal while he was in the barber chair and everybody started pulling guns out on him
I remember that one. It was the jamaican barber. He told dave that'll be 10$. Then the news came on saying dave just signed a deal worth thousands of dollars. The barber turned, looked at dave then said That'll be Ten Towsand dollars! 😂
@@reffa2858 🤣
@@reffa2858 lmaooooo i read that in his voice too 🤣😂
OMFG! Never heard this one. its scaaary . chile ! this makes me wanna pretend to be poor for life
@@PHlophe when people are hungry for money things get dangerous
Should be asking Jay for a job…that’s life changing.
Exactly my thoughts. And not even a paid job at 1st, but to volunteer
*If you really sat down and watched this whole interview you would know Jay dropped so many jewels but of course, this is the story the media decided to run with🤦🏿♂️*
Kev Hart interviewing skills are BAD..lol
Because the media ain’t worth a dime. It was a great interview.
Nothing wrong with this story…very necessary convo to be had.
Kevin hart said in the beginning of the interview this interview is not about where you sit with money but where you are with success. And asked him everything about him except his monetary status
You stole the words out of my mouth. This interview was absolutely amazing, so many gems dropped, and this is what they decided to focus on 🤦🏽♀️
"Let the productive, help the unproductive, be productive." 💯💯
Money don't come in between my relationships. I started cursing people out when I first started working. I only give money to babies and elders. I know who I could lend money to. My rules on lending money....don't ask me for an amount that I can't ask you for, once you give me a return date and it's not paid on that date and you didn't call to let me know that the money going to be returned late...it's cool keep it but you can't borrow again. Everybody pays me back though. 10k was the most I lend out it was to my best friend she paid me back.
Good insight
"I only give money to babies and elders." took me out!😂😂😂
Sounds fair. Dope boundaries. Kudos to your bff.
The breakfast club,who ever is READING THIS I JUST WANNA SAY I
LOVE U GUYS SINCERELY 💥✊🏼🙏🏽
That last part for Mal and Rory 😂 I know Joe Budden shed a tear hearing that
I can appreciate everything spoken about in this clip. I agree with mostly all of it. The only thing I am not a fan of is when so-called "friends" you've known for many, many years decide not to help when you know they have it to give . I once was in a very desperate, near life changing situation and this "friend" used a long-winded "lending money destroys relationships" explanation as to why they could not assist...instead of simply saying no. I would have been totally fine with that if they did. I was asking for something I surely would have paid back but I was not even given the chance, and this was the only time EVER in all of my years of knowing this person that I asked for anything.
Needless to say, they are no longer in my life. It taught me a huge lesson about focusing even more on self-sufficiency and about who really gives a damn about you and your well-being when you're near rock bottom.
Do you see how your perception that they SHOULD have helped you crept in? Nobody owes anybody anything! Because they did the wise thing doesn't mean they don't care about you. Neither a borrower nor a lender be. I learned that the hard way by giving, it changed the dynamics completely in the worst way.
@@bananabread2833 I hear you, good point. My main point, though, was I would have absolutely been fine with a blatant no. And, I never felt this person (or anybody) SHOULD have assisted me. However, I thought (and was wrong to assume this) that they might have at least offered emotional support for my urgent situation but did not. Upon deeper reflection later, I realized going forward in life I have zero expectations of people giving a damn about me and what goes on in my life. I just do me and make sure I cover all my bases to the fullest.
@@TheRetroWoman80 I agree with you. Emotional support would have been extremely valuable. People probably care more about you than you know, though.
@@bananabread2833 Some. But most people I have come across, including blood, "care" when it is convenient for them, or something extraordinary (in their view) is happening in my life. I don't rock with souls that behave that way. It's part of the reason for my asocial nature. Protection is key against incongruent energies and there are many of them.
Jay is right about evolving or improving yourself. It should be encouraged to add to your life, not settle for less. It's not easy or immediate but there's has to be a collection of people who want to achieve and break the cycle.
Facts
🎯💯
You acting like he is the only one that evolved like people don’t want to evolve too.
@@gyver471 they have to work of
This was a very good conversation. I enjoyed It.
A grown ass person shouldn't ask for shit! Get it how you live is my mental
that’s the dumbest thing ever.. jeff bezos the richest person in the world got 70k from his family. elon musk got seed money from his father. donald trump got a million dollars from his father.. if we don’t help each other will never get anywhere
and God won't bless you to become a millionaire you can bet that
@@bruceleeroy2956 You give off Cashapp beggin vibes. Get off UA-cam and get a job
Still waiting on HOV to drop just ☝🏾 more classic for all the wheelers and dealers 😉
The rule I learned to implement is give it to them and don’t expect them to pay you back even if they say they will. With this mindset you can only “lend” $ if you are set and loosing that $20 or $500 won’t hurt you financially.
Shawn Carter is 100% correct. ❤️
I'm reading these comments and it's funny because a few years ago everybody would have been piling on Jay-Z, calling him a sellout and accusing him of abandoning his people or some other nonsense, but Jay-Z has played the long game and now he's admired for his way of thinking. Jay beat his critics by simply ignoring them and staying on his own path. Guy's a winner.
Like the man said, finance all or part of the person education depending upon how serious based upon conditions. situation
And why people come out the woodworks when they find out you have a settlement? I was the one hit by a car and have a permanent back injury but you feel entitled to my money 🤦🏾♀️
Settlements or a will brings out the worst of people. I'm going through that with my sister and a house that my dad left. 13 years later and i still haven't been read the will.
Like Kevin O'Leary said and I actually love it.
I'm not gonna loan you the money, im going to give you this money BUT the deal is.... You NEVER ask me for money again. So do you still want this money?"
Best way to pretty much go about it.
💯
I've reluctantly asked for money on a few occasions when situations was really desperate. I always make it my priority to pay people back though. So I have good credit with my people in case of emergencies. But ya family asking for money gets rough.
Agreed if I borrow or owe anything I’m paying it back without them having to remind me.
Exactly! I just said the same thing to a comment above. Every family member is not on BS! I ALWAYS pay back my family! I don’t assume cuz it’s my mama I don’t have to pay her back and a lot of times she tells me to keep it or just pay her back half.
@@Shortballa11 exactly when my friends gives me money I give it back within a week
I feel that.......Been there ,done that, got the T-shirt
Here's the key to apply, any time my family ask for a large amount of money, I will make them work for it. For example, family member wanted to borrow 2k, I told him he needs to build me a shed, I bought the materials and he provided the labor. That's how you rock with that
Very inspiring intriguing and well spoken.
I’ve heard of an advice, a very good one.
Whenever any family member asks, if it’s an affordable or small amount, just sit them down let them know that it’s not a loan, it is a gift to them but explain, that this is the last time they’ll ask from you.
There's a difference between I need $3000 for my car repairs, college expenses, etc. Than I need 20k for a Cadillac and bad debt that's a constant problem.
I had a homeless woman ask if I had cash app to send over money… boy times have changed 😩
OMG! 😂
Definitely lol
Wow. They digital now! 🤣
Lit
😂😂😂
Damn I wish I knew how I could turn 4800 into 2 Milly 😂 No He Lying
Love this convo
💰 change everything so change how you look at 💰
It's definitely a balance, it's really hard to mix business, friendship and family together, if you do you might wanna write up contracts so everyone knows their part, what's expected of them, if you agree to your pay then they should do the job with excellance, even if they feel they should be paid more, that's how you get more the next time. Always ask for more than your willing to accept, I learned the hard way
I agree with contracts, but lots of people will balk at that idea.
If I got that kinda money I’m only handing out large sums with strings attached.
- I’ll give you this business loan if you take this business course.
- I’ll pay your debt if you take this financial literacy course. And I’ll even pay for the courses.
🔥
Exactly If I’m rich I’ll Teach people how to make money not just give them money 💯
Sounds fair. Plus then, it aint charity cos theres now a contract. 👍🏽🔥
Help them fish instead of just giving them a fish. Makes sense.
This
He ain’t never lied !!!!
De Khaled made that beat on the intro.
Jay-Z is leaving bread crumbs🙌🏾🙌🏾🙌🏾
I respect this more mature hov
If you're in a position to be a blessing then be that but dont be a door mat
That Ain't How It work
This discussion got reignited on twitter (/ X whatever)
My aunt is a famous celebrity and I totally agree with jay on this issue
Who is she?
I’m pretty sure she doesn’t have JZ money
@@miszjackson7957 lol and what's your point? You don't need Jay Z's to understand the point. I am no where near that level of wealth and we all get it
Breakfast Club family, I must admit that even though I am not a Jay-Z stan, he is every man I wanted to be since the late 90s.
Nice play on words ... Stan instead of Fan 😀😆
It a very good topic thanks my grandson got drafted to the NFl and I see so many comings out the wood works like wow.
I feel it.
I get we all want quality lifestyles and to attain that lifestyle we have to go about life a certain way. But we all die. You can’t take it with you. Money is really meaningless in that sense. Just always continue to be you and authentic. If you’re lucky enough, share as many blessings as you can while you’re here and able to.
I never understood why people say you can't take it with you when you die but yet you got to pay for a casket you got to pay for a land to be buried in you got to buy a suit everybody got to wear the same color suits to the funeral
death is not cheap especially if you die without money and people got to cover your burial expens
@@Lyrical_Replies I don’t think you’d worry about a 20-30k funeral when you have millions/billions which is the case here lol. Leaving money behind is one thing but we’re talking about helping people and sharing blessings if you’re in that position to.
@@SilmeonMusic where In my comment did I mention "million and billions"?
That comment was based around regular people in the famous "you can't take it with you quote" that poor people love to say it had nothing to do with Jay Z
Nice try tho
@@Lyrical_Replies nice try with what? Just elaborating my point. Not taking any shots at you bro.
lol at you can't take it with you. Do you understand generational wealth and why white folks have stole millions of dollars and land from black people. Money affects generations and generations. If you can give your kids a head start and set them up that's a blessing. Why do you think Jewish people have success in this country. They have life insurance, college fund, wedding funds, etc in place for their kids so they can get a leg up in life.
Idk what's wrong with some ppl, when I owe somebody money, no matter how small, and it usually is, I can't wait to pay it back. I'm also not lending no money without expecting it back, I ain't got it like that to drop it, which is why I'm careful who I lend to. Lend to ppl who have a job the means to pay it back.
Stop lending money and expecting it back!! That is dumb.
@@cougarlady112 I thing u need to look the meaning of lend/loan. 🤔
@@wadecountybabe, or maybe you should.
@@cougarlady112 lady get off my comment and go use a dictionary. ✌
@@wadecountybabe, sounds like I was right!! 😅😂🤣
This is such a great topic
family and busy don’t mix is all y’all needed to say
I understand what you and J saying but when you have Life changing money,money to spare. help people grow, ofc there’s limits to it but what I’m saying is if you don’t share the wealth then how we supposed to grow
Rich People Problems......
People with average salaries still go through family members feeling entitled to what's in your pockets.
That's a conversation that's so important, 1 reason most people don't wanna lot of money they fear it will destroy relationships amonest their family members, it can if you allow it. Yes you must be willing to say no and be ok with it, if you do give them. Money don't expect it back
Thank you 🙏🏽 for real
It’s never really a loan cause you don’t get any interest from it lol
So i make over 200k a year. Im obviously not the richest person, but im well off. In my experience, giving money away to family is as good as burning it.
Wow... That's crazy to think about
@@hdeazy It's true... and it is what it is
Exactly.
Lmaooooooo!!!!!!
It is not about you! Help your family build generation wealth. Set up a small foundation and give a scholarship a year.
This interview blew outta proportion again a year later and he was not even saying HIS cousin, he coined it towards Kevin Hart as “you gotta a cousin” lol it’s crazy
Real Spill
I pay all my debts💪🏾💪🏾💪🏾
My family and friends don’t ask me for money and I don’t ask them. Now sometimes we OFFER each other money when we see each other dealing with a situation like death, illness, lay off and so on. I have a friend who is a divorced mother of four who doesn’t receive child support, works multiple jobs, and yet her friends and family are always hitting her up for loans they don’t pay back. I told her she’s a sucker.
There is a difference between a gift and a loan.
My father always had a 50 dollar rule ... 50 bucks isn't worth fighting over
Meek mill he's maybe 🤔 talking recent leaving Con nation
If I was their relative I'd make a business plan and present it power point
0:33 that's called #2ndchildhood
Uncle Hov!
Let me hold a quick mill.
You know you got it!
When you get rich or famous friends and family thinks you are supposed to give them money that they never work hard for it smh 🤦♂️
Man the years of therapy has greatly approved his life point of view
I know this all to well and folks forget you loaned it to em.
I don’t expect to get paid from family.
Lmao. Jay -z learned business from real business men. A shark don't share food. Get a bite in if you can. Lmao. He definitely a real business man
That’s why he’s on top 😂😂😂 u have to be ruthless n only care for yourself before U care about others
1000%
@@notboutit888Major Facts, when you are on top, your circle is small. Caring about others doesn't matter as much. Poverty will never be fixed.
Jay-Z one of the greatest of all-time he creates waves for a lot of artists
Name em..the waves..and also the artist who eat from said wave🤣🤣
@@joaquinsanchez4210 actually the opposite could be said about dude. It's alot of stories about his shady business practices when dealing with others
Lit
@@GuyNoOneGivesAFuccAboutJay z fake ass hell but it’s why he’s on top loooool most successful people are selfish
True
My rule is if you say it’s a loan, it’s a loan. If you say give it to me, it’s not a loan. Like if you can’t even be transparent when asking, it’s a problem. And if you give me a date, then let’s work towards that date; if you can’t make the date, communicate, don’t just say nothing. And I agree, be realistic; if you asking for money you know you know you don’t have or can’t pay back, don’t even. Also, if you haven’t said two words to me, but you can ask me for money, you’re asking the wrong person. I’m Dominican American, and my family in DR doesn’t even know how I’m doing, how my kids are, but as soon as they get my number or find my social media, they’re asking me for Jordans, iPhones, and Zara 😅. Don’t even give me a hello, how are you, just straight, send me. Like, “What you say your name is again? And I know you from where?”
Jay speaking the truth
I've never asked for money but I understand people are broke. It's so unrealistic to think you're going to go around your broke family for the holidays and they're just going to give you hugs and well wishes.
Kierra, its more to do with the fact that they make up outlandish stories to ask for cash or straight up ask for unrealistic amounts and then get upset when you refuse to play.
@@PHlophe I totally understand that. But if I were them I just wouldn't go home period.
@@kerrajohnson3203 If you don't go home then you may not get to see some of your family members at that time of the year. Keep in mind that some family members may be too old or they're too sick to travel to where you are so you just have to make the trip,regardless of those who may want handouts when you're in town.
@@FinessingFinance2024 then start a new family
People will ask you to do some shit for them that'll never do for you or anyone
Hov being content w/ that mustache is admirable 🤣
Jay got a struggle mustache for the ages
Hell I’m not rich but I had a nice wedding where a few of my fam counted my pockets. I buy a bag there are eye rolls… it’s crazy how ppl feel entitled to your money
Charlemagne casually covering up getting caught cheating. Lol
If I loan someone money and you don't give me it back. You can come to me again.
This is why it's best to stay silent and Hustle in silence unfortunately it must be hard when you are a celebrity (Jay Z) and you go home for Thanksgiving.
Not really... just invite the drama free, non begging ones to your home for Thanksgiving. Folks create a new family when the old is uncooperative.
Boundaries are important. I say don’t ask & don’t borrow. Money can change anybody for anything.
Mo money mo problems
HAPPY 53TH BIRTHDAY JAY-Z !!!!