The Money Exchange

Join us in this episode as we dive into the inspiring journey of two tenacious female entrepreneurs, Fifi Bell, and Gwen Woods, who embarked on a flavorful adventure that began with frustration and ended with a feast.   Tired of the severe lack of crab options in the bustling streets of New York, it all started with a dinner party at Gwen's house, where Fifi proposed the idea of opening a crab res...

In this solo episode, Patrina Dixon, the host of The Money Exchange, shares her recent experiences traveling domestically within the United States using Spirit and Frontier Airlines.   Despite the affordable ticket prices for these flights, Patrina thoughtfully explores the advantages and disadvantages of both airlines.   For those looking to save a few dollars on their next domestic flight, this...

Marriage is not just a union of hearts; it's also a merging of finances and financial goals. Yet, many couples avoid talking about money before saying, "I do." In this episode, Certified Financial Planner™ and a Certified Financial Therapist-Level I™ Practitioner Bill Nelson sheds light on why these conversations are vital and how they can strengthen your relationship.    Together we explore the f...

In this episode, we dive deep into the world of multi-family real estate investing. Our guest, Joseph Kimbrough, shares his incredible journey of how he skyrocketed his career in real estate investing starting with wholesaling then moving to the fund route and specifically partnering with investors to invest in multi-family units. His experience going from Basketball to Marine Corps to Real Estate...

In this inspiring episode, we sit down with Brent Bowers, a dedicated investor and coach specializing in the world of buying and selling vacant land. Brent's journey is one of remarkable transformation, from serving as an Army Officer with over 8 years of honorable service to becoming a successful land investor and coach. Tune in as Brent shares his incredible journey of transitioning from a milit...

Joining a credit union is more than just banking; it's about building a brighter financial future while being part of a community that cares. Having an account with a credit union is all about financial empowerment and community support. When you join a credit union, you become a member-owner and not just a customer. To highlight this, I speak to David Tuyo, President/CEO at University Credit Unio...

Saving money during travel is an essential aspect of smart travel. It not only helps you stick to your budget but also allows you to make the most of your trip without worrying about overspending. While celebrating my wedding anniversary, I put this into play when planning my time away in celebration at Martha's Vineyard. I share it all in this episode. Press play to listen in.   Connect with host...

Personal finance is complex and this can be challenging to most people leading them to ignore working on their finances for a long period of time yet this will cost them in the long run.   The anxiety that sprouts out in majority of individuals coupled with understanding the various investment options, tax considerations, and financial products available is enough for one to throw in the towel.  ...

Your credit score is a crucial factor that can impact your financial life in numerous ways.    Whether you're applying for a loan, renting an apartment, buying a house or car or getting car insurance and in some cases securing a job - a strong credit score can open doors and provide you with better opportunities.   In this episode, I speak to credit coach Jeanne Kelly about how working on your cre...

In this episode, I am joined by Dorethia Kelly to discuss the importance of financial planning and how it plays a crucial role in savings for high-income earners.    We explore strategies for effective budgeting, setting financial goals, and prioritizing savings.    Dorethia shares practical tips and tools to help listeners overcome obstacles and develop healthy financial habits.   Eager to delve...

In today's episode, we dive into the world of financial empowerment for singles. Whether you're single by choice or circumstance, we believe that being financially empowered is key to living a fulfilling and prosperous life.    Join me and Anthony Oneal as we discuss:  Why single people should focus on working on their future The reason behind the rush to find a partner Character Vs Currency   Cur...

With the ever-increasing complexity of the financial landscape, it has become imperative for young people to gain a solid understanding of personal finance.    Financial literacy empowers them to make informed decisions, avoid common financial pitfalls, secure a better financial future, and begin building generational wealth.   In this episode, I speak to Dr. Terrell Hill, Superintendent at Windso...

Money has the potential to strain relationships, particularly when it involves lending to loved ones.    There's always a risk of not getting the money back when lending to friends or family. Even with the best intentions, circumstances can change, and repayment may not happen. This can result in the lender losing the money and the relationship being damaged.    According to Brian Bristol, loaning...

Financial discipline can be an incredibly powerful tool for achieving long-term financial success and stability.    By consistently making smart financial decisions and exercising self-control in spending and saving, individuals can build wealth, pay off debt, and achieve their financial goals.   This is exactly what Antoinette Munroe practiced and was able to retire early at the age of 36. Mini F...

Blogging is one of the most popular ways to make money online however starting just like anything else requires one to learn the craft enabling them to reach a paid status.   It is possible for anyone who is ready to put in the time and effort as shared by Jen Ruiz, a lawyer turned full-time travel blogger and author.   A 5-time Amazon bestselling author, 3-time TEDx speaker, and award-winning tra...

E-commerce has become a popular way for entrepreneurs to start their own businesses and earn a significant income.   If approached strategically, with a clear plan, the right niche, choosing the right niche, setting up your store effectively, marketing your products, and managing your business well, you can create a successful e-commerce business that generates a significant income.   In this epis...

Investing in hotels are investments worth exploring because hotels provide long-term income enabling you to expand your wealth, diversify your business portfolio and offer reliable income for the future or retirement.   In Episode 117, we explore what it means to invest in hotels with our guest Dr. Amina Gilyard James who is a hotelier, organization development strategist, and managing partner of...

Writing a book while studying college can be overwhelming however Djuly Fluerant, a college student at New York University has been able to overcome barriers and self-doubt enabling her to publish her memoir, anD.   Despite being reluctant to talk about her past and upbringing, Djuly wrote her memoir to come to full terms with everything that occurred in order to grow and heal.   She shares in thi...

Investing in real estate out of state can be an intelligent move for diversifying your income and enabling you to overcome debt or increase your investment portfolio. However, it can also be challenging and requires careful planning and research to ensure success.   However with great insight into it from those who are already excelling at it, one can get a clear understanding of what kind of inve...

With the cost of tuition and other expenses rising, having savings for college is important as it can help reduce the burden of student loan debt, provide financial security, and allow you to pursue higher education   By starting to save as early as possible, you can take advantage of the power of compound interest, where your savings can grow over time and provide you with significant benefits in...

As a parent, your kids are always learning from you. Practicing good financial management in their presence will help them develop good financial habits early on and set them up for success in the future.   This is a cause for which Clifton D. Corbin is a champion. After two decades of experience, Clifton decided to leave his office job to become a full-time stay-at-home dad.    While taking care...

2022 was a year of growth for The Money Exchange podcast. As we head into the new year, we intend to maintain an upward trajectory.   From increased listenership to cultivating consistency, the podcast has evolved and in this episode, the host Patrina Dixon shares how this organic growth has elevated the It$ My Money® Brand.   Listen in as she shares podcast growth tips that every podcast can leve...

Divorce is a complex and stressful process and is often delayed where there is a considerable number of financial assets to consider.   In such cases, parties need to provide financial information to verify their current asset position and their finances during the relationship and sometimes issues tend to aries due to lack of agreement based on the information shared.    This is when a forensic a...

It seems every day you're on autopilot when you have a traditional 9 to 5. While it comes with its perks, like security and assurance of a salary, many people want more.    So what do they do to change it? Many are taking the entrepreneurship route. This common route comes with freedom AND it comes with tons of uncertainty about when and how your next dollar will come in and how to grow a successf...

Making a six-figure income can be a serious game-changer for your family, your finances, and your future financial health.    Of course, there are numerous factors that can determine how far that money can go — but it's a huge milestone for most to achieve in their lifetimes.   In this episode, I speak to Liz Gendreau, the founder of Chief Mom Officer, a blog that helps women be the executive of t...