Month: January 2019

Electoral College, huh?

Things I Wish I Knew-003 How Politics Work- Electoral College

Welcome guys, today’s episode is going to be about how the hell the electoral college works. I know that as of recently there’s a ton of news swirling around that is basically all about politics these days, and honestly I have been pretty lost.. pretending like I know what is going on.. 

Today we are going to understand 1 facet of the government that I was pretty lost on, until I decided to educate myself and feed my mind with knowledge and understanding about what is going on in the world.   

The Electoral College

First, what the hell is the electoral college, and how does it work? 

The Electoral College consists of 538 electors. A majority of 270 electoral votes is the minimum REQUIRED to elect the President, and vice president of the united states. Your state’s entitled allotment of electors equals the number of members in its Congressional delegation: one for each member in the House of Representatives plus two for your Senators. From Huffington Post, ok.. 

Now breaking this down into lamen terms.. each state has a certain number of congressional delegators, based on the census taken of that state every ten years. So for example… this is why Census reports are actually important.. i had no idea. 

For example.. seven states in the united states have 1 representative they are Alaska, Wyoming, Montana, North Dakota, South Dakota, Vermont, and Delaware. ) According to the visitthecapital.gov website.. , and 1 state has 53!!! I’ll give you one guess which state this is.. California.. everybody wants to live in the sun in California.. Not gonna lie, I loved living in California. But holy hell.. 53 representatives.. how is Wyoming going to go compete with those votes.. with only 1 vote counting towards the electoral college!? This is so eye opening!

So to break it down into lamen terms the number 538 is the TOTAL of the nation’s 435 Representatives, 100 Senators, and 3 electors given to the District of Columbia.

How does it work?

Every four years, voters go to the polls and select a candidate for President and Vice-President. In all but two states, the candidate who wins the majority of votes in a state wins that state’s electoral votes. In Nebraska and Maine, electoral votes are assigned by proportional representation, meaning that the top vote-getter in those states wins two electoral votes (for the two Senators) while the remaining electoral votes are allocated congressional district by congressional district. These rules make it possible for both candidates to receive electoral votes from Nebraska and Maine, unlike the winner-take-all system in the other 48 states.

Ok. To sum everything up on the electoral college, real quick. Fill out your census paperwork when the volunteer comes to your front door, or you receive that envelope in the mail, because that could mean the difference between having 1 congressional representative for your state or 53. The bigger the number of congressional representatives the more voting power you hold in the electoral college to vote for the President and vice president of the United States. 

Knowledge is Power!! Educate yourself, and make the world a better place by doing so! 

Thanks again!

Creating Opportunity

Things I Wish I Knew – Episode 2- Creating the Opportunity

Welcome everybody, have you ever wondered why some of your friends from college scored amazing jobs right out of school. or seem to have great job prospects showing up at their door,  .. and you seem to apply for 100’s of jobs, only to get the “thank you for applying, but we’ve decided to go with someone who is more “fit” for the position. 

I know a common hurdle my friends encountered when we finished college was that most positions wanted 5 years or more of experience, and they didn’t have it, and because they couldn’t get a job, they couldn’t get 5 years of experience. Which then became a vicious cycle of… well how am I supposed to get 5 years of experience if no one will hire me. 

Well, I’m here to tell you how to be THAT PERSON. The person who has opportunities beating down their door when they finish college, or head hunters seeking them out while they currently have a job. 

EXPERIENCE! While you are in college get a job that relates to your major, or what you have a genuine interest in doing in the future. While I was in undergrad, I had a million jobs. I worked at Payless, the movies, Finishline, telemarketing. You name it, I probably worked there in college. Even though I had an income that was helping to pay the bills, I wasn’t actually gaining experience in the field I was studying in college. To make a long story short, I learned the hard way that coming out of college with no internship, or experience in my field was no Bueno. 

During the gap of undergrad to grad school, I gained a little bit of knowledge that has paid off in a HUGE WAY! I currently live in Puerto Rico and I am still get amazing job offers because I started putting my time towards gaining work experience in the field I had studied. So I started a management position after undergrad, and maintained it for 2 years. I then applied to an MBA program that required 5 years of professional business experience… but here’s the catch… I started working as an executive assistant 2 weeks prior, and was able to use that job as a professional reference. I worked full time for the next 14 months while getting my MBA. When I finished grad school I had about 5 years worth of professional experience within business. Not because I had worked at the EA job for 5 years, but because I had been involved with so many different business interactions that I had made a name for myself as being a hard worker, and a hustler. People wanted me to work for them.. I was getting poached WHILE I was getting my MBA because of my hustle. 

So.. here are the steps to breaking the cycle of the job or experience (chicken or egg) situation, these tasks will lead you in the right direction to have that competitive edge that lands you the job and opens up the doors of opportunity. 

  1. Work while you are in school, preferably at job that pertains to your degree. If you are a film major, work at the movies. This is great experience for you, and can be used on your resume as work experience. 
  2. Get an internship. Internships are invaluable to networking, and providing you with more insight into what it is you are actually studying. There’s a reason there’s a saying that “it’s not what you know, it’s who you know.” 
  3. Let others see you hustle! Get noticed by being the hardest worker in the room! 

Ok, now you know how to land the job right out of school, and create the best opportunities for success. Go try them out and let me know how your life changes. 

Thank you for listening to Things I wish I Knew. 

Building Credit

Things I Wish I Knew – Episode 1 

Alright, let’s get started. Something I wish I knew.. how to set yourself up with good credit history so that you CAN get the car you want, credit card you want, and lifestyle you want without crippling yourself with bad debt. 

Here’s what I did, and what I would NOT recommend doing. 

  • Had 2 credit cards in high school ( Kay Jewelers, and Victoria’s Secret) Did not have a regular go to credit card that accrued any kind of points, or credits.. nada
  • Had numerous cars, that were given to me (hand me down cars, YES.. but very nice hand me down cars) Couldn’t afford the maintenance on them.. so would end up putting that cost on my parents to fix.. which made me truly not appreciate the awesomeness of having a car.  I had no REAL value into the car by myself. 
  • Applying for FAFSA and signing everything, just seeing the dollar signs and not taking into account the interest rates on the loans or the difference between the loans
  • Not saving any money (living paycheck to paycheck), and having no retirement set up. Wasn’t even a thought
  • Not having any bills in my name

Here’s What I Wish I Knew 

  • Getting store credit cards are easy to get, but don’t actually help you in the long game.. more than likely you will end up closing them after 3-5 years.. and it’s bad debt. Try talking your parents into having you as an authorized user on one of their credit cards to help you build credit, or if they are sticking to their guns and not budging on that .. GET A JOB! Once you have a job you will be able to get a secured card through your bank, this is basically babies first credit card. You have money in your bank linked up to your credit card, and if you miss a bill it comes out of the linked up bank account so that your bills are always paid… and it doesn’t actually damage your credit. The great thing about a secured card is that you can’t overspend. You more than likely will have a low credit limit, and It will be declined if you try to go over that limit. 
  • If I had my actual own car, that I purchased.. I would have probably take better care of my car/cars. I also would have understood how much the cost of maintenance is for a nicer car, and would have opted for something a little less nice.
  • FAFSA can be a blessing, if received and managed responsibly. I couldn’t have gone to college otherwise, and let’s be real.. having that money changed my life.. FOR THE BETTER. Hindsight is 20/20.. and this is why I’m here.. giving you this advice. There are 2 types of student loans.. Federal Loans and Private loans.. YOU WANT FEDERAL loans.. as much as you can.. you want Federal Loans. Private loan providers are not as forgiving, they will not work with you as much to set up lower payment plans, and ALWAYS have a higher interest rate that FUCKS you while you have your head in the books (or in the Keg) in college. Also, within these two types of loans is subsidized and unsubsidized. Seriously, there’s so much information within the receiving of student loans that is will seem overwhelming.. but the best advice I can give is to actually give yourself enough time to understand the process of what you are about to receive. Don’t sign anything until you truly understand what is written on the page. Not if your mom, or dad understand it will be enough when you are starting to pay them off.. YOU will carry this debt forever, and it’s the ONLY DEBT YOU CAN’T file bankruptcy for. KEEP THAT SHIT IN MIND! OK, getting back to the point.. if you absolutely have to get private loans.. try to subsidized loans.. this type of loan will not accrue interest while you are in deferment (in school). Unsubsidized loans will begin to accrue interest as soon as you sign your life away.  I can dive deeper into student loan education in one podcast if there is more interest.
  • Pay yourself first. Set up an automatic deduction from your paycheck that goes to your retirement so you don’t have to see it coming out, and you don’t even consider it part of your income. Then open a savings account that has a good interest rate, I have Barclays and it accrues interest at 2% currently, which is huge. Not an ad, just like having a savings account online that takes a little more work to get money out of. Maybe you put $50 a paycheck into your savings account.. Keep this for something you really really want. You’ll feel good about saving then.
  • Get your cellphone in your name. It’s the easiest way to build credit and it will reward you again with more freedom. J

Ok. So I’ve given you 5 scenarios I did that didn’t work, and 5 scenarios that will 100% get you going in the right direction for more independence, while creating that AWESOME lifestyle you daydream of.  

Spread the word, and make your life a little easier!