2 Black Moms & A Mic
From diapers to degrees, these two black moms have seen it all and heard it all. Now they are bringing their insights on issues that matter to you. They will explore the range of issues on the minds of black moms everywhere, including helping your high school student navigate the college admissions process, resources tailored to the educational achievement of black children, battling the continuing problem of educational disparities, letting go and letting your child live their best life (and not re-live yours), and we will go introspective to explore what it means to find personal joy, health and happiness on the other side of motherhood!
2 Black Moms & A Mic
So You Have Been Laid-off! Now What?: Let's Talk Financial Health with Lori Jones Gibbs (S.4, Ep. 3)
There is a lot of pressure on the American economy right now and changes in private and public sector employment practices are affecting job security for many folks. There are a lot of people who are taking early retirement or being laid off from their jobs or fear a future lay-off. If you feel financially unstable and not sure what to do, this podcast is for you.
Join us for a conversation with mortgage credit and financial coach Lori Jones Gibbs, CEO of LJG Consulting.
Check us out at www.2blackmomsandamic.com.
You can also hear us on Spotify, Amazon Audible, I Heart Radio and Podchaser. If you like what you hear, we hope that you will give us a great review!
Hi, I'm Glenda. And I'm Lisa. And we are Two Black Moms and a Mic. Between us, we have six kids, four boys and two girls.
SPEAKER_01:And we're here to talk to you about everything from diapers to degrees. Welcome to our podcast.
SPEAKER_03:There's a lot of pressure on the American economy right now, and changes in the federal policies are affecting job security for many folks, young and old. We have a lot of people who are being laid off from their public or private sector jobs or fear of a future layoff. If you have been laid off recently or feel financially unstable and are not sure what to do, this episode and this podcast is for you.
SPEAKER_01:That's right, it is. Today we're talking to Lori Jones-Gibbs, CEO of LJG Consulting. Lori is a mortgage, credit, and financial coach and author. A retired banker, she served as Senior Vice President and Community Development Banking Marketing Manager for the Carolinas at PNC Bank. And in this role, she led a team of financial experts to support wealth creation through financial education, access to home mortgages and credit, workforce development initiatives, and neighborhood revitalization. She's the author of two books, Yes, I Would Marry Him Again, Wives Salute Their African-American Husbands, and her second book, Yes, You're Approved, The Real Deal About Getting a Mortgage and Buying a Home. We want to welcome you today, Lori. Thank you so much for joining us at a very crucial time.
SPEAKER_00:Well, thank you, Glenda and Lisa, for the invitation to be part of Two Moms and a Mic podcast.
SPEAKER_01:Well, it's our pleasure. I truly appreciate the invitation. Absolutely. Anyone reading the news tonight or in the last week or two knows that a lot of families are going through a lot of financial instability. Government workers are facing layoffs and the private sector is following suit with the federal government and laying people off. And it's all in the news. Just as a bottom line, what do you tell people who just got laid off? How should they go about managing their financial situation?
SPEAKER_00:The first thing I would tell them after they get beyond the emotional shock, because it is a shock and it does have a psychological impact on individuals when they lose their job. But I would also say to them, reassess your goals. When your life changes, your goals and strategies may need to change as well. A job loss or layoff may require a temporary adjustment to your financial situation, but may also open up new opportunities. Your retirement and savings target may change depending on where you're at in your career and what age you are. So it continues to build. But keeping up with your long-term commitments can help you stay focused and motivated in the short term.
SPEAKER_01:Yeah, so what you're saying is no matter where you are financially, either close to retirement or kind of an early career, There's a pivot that you can make to kind of buffer the shock of losing your job.
SPEAKER_00:Yes. And I also think when people lose their jobs, there's some basic things they need to do before they sign anything. They need to review their employment contract because they may have things they're eligible for that they've not thought about. Right. They may also need to not sign a termination agreement because it's not clear. Even in at-will states, you have the right to engage in a termination. and seek an attorney who understands employment law. And as my mother would always say, if it doesn't feel right, find someone that's going to help you through it. Usually in a case like this, it's probably legal counsel.
SPEAKER_01:So in the federal government sector, you've got federal employees who are either taking an early retirement or forking the road or being laid off. A lot of them were associated with unions, but I know that that's kind of problematic right now. Do you have any thoughts about the employee-union relationship in the face of the layoffs that we're seeing?
SPEAKER_00:Well, I think unions are there to do a job, and I think that they will continue to work for the employees. I think we're in different times right now. I think those are going to be more challenging than they were in the past. I think that our country is looking more toward privatization. And I think you have seen some wins and some losses with unions. It just really depends. But I think what everybody can do is they can tap into their network. Your network becomes crucial. But also, you need to tap into upscaling. And what do I mean by that? This is never a better time to explore your career possibilities and develop both new and old skills. Consider attending industry events, joining online forums, and reconnecting with former colleagues, online or in person. One thing COVID did for us, it taught us that we could work remotely and be successful at working remotely. I also think when you're looking at your upskills, this gives you a great time to go start interviewing again. If you've not interviewed in years, this is the best time before you actually go to a job interview. to tap into your network and work through some interviewing. Make sure, what are the new interviewing skills? What are the key words they're looking for today that were not there 30 years ago when you may have gotten your job? What's key? And I think those are the very important things that people need to understand. Just don't give up on yourself.
SPEAKER_01:Well, the thought of interviewing, especially if you're sort of late career, is that can be a little daunting.
SPEAKER_03:Even when you're upskilling and you're moving on to doing something else, like you're truly going through that whole process of revamping your resume, making sure that you are putting in the buzzwords that AI is kicking out.
SPEAKER_01:Yeah, it's a different world now, right? It's a
SPEAKER_03:different world now. Where you used to think that putting everything on there was important, now not so much. You know, make sure you have an updated LinkedIn page. Although people feel differently about it, but there's a lot of information you get off of LinkedIn. Even if you are not applying to the numerous jobs that they put on there, at least you're learning about the different things that jobs are looking for. And this goes for all age groups too, not just if you were unfortunately laid off because after 30 years, someone decided that it was time for you to go when you weren't ready to go. But even if you were just there for a year, maybe you left private industry to go into the government. Now you got to go back and make connections with the network you had before on both ends. So I agree. I think those are all valid, good points. Thank you for sharing that, Lori.
SPEAKER_01:Are there anything, things that sort of the big monthly payments that we should think about trying to negotiate with like your mortgage company or with your landlord?
SPEAKER_00:Yes. What I like to say to everybody is you must be proactive. You must take the steps. If you know that your salary is taking a hit and you've revisited your budget and you're seeing where there are going to be some challenges in your budget, you need to be proactive. Now, when I say you need to be proactive, if you have a mortgage, you need to call your mortgage servicer. The key here is finding the person who gets paid to say yes.
SPEAKER_03:Oh, that's awesome. I think about that. And the person that's paid to say yes. Not everybody's paid to say
SPEAKER_00:yes. You know, there are blockers. They say no, no, no. That's the level that they're at. They're not empowered to say yes. You keep going until you get to the manager. You write down every name, the date, the time you spoke with them. And then you say yes. Can I be in contact with you? Who's going to be the primary person handling my account? You want an individual because you don't want to be lost in the soup. Right. That's a good point. So now that you have a name, now you can start working on the planning. I first tell people, sit down and figure out what you think it is you can pay. Mortgage companies, they have a number of options that you might be eligible for. But don't agree to something that you're not going to be able to keep. What are some of the options? Lender options include anything from forbearance to repayment plans to loan modifications, allowing for temporary payments, and adjustments of your loan terms. Oftentimes, people don't think about that. Lenders are not in the business of foreclosing. They do not want to foreclose.
SPEAKER_03:That is so true. I worked for Prudential Mortgage Company many years back as an operations analyst, putting in software to help them understand What I learned doing that was they really don't want to foreclose on you. They give you a long period of time before they actually foreclose. And there was a reason for that. Continue teaching us, Lori.
SPEAKER_00:One of the first things one might want to consider is what is called a forbearance. A forbearance allows borrowers to temporarily pause or reduce their mortgage payment for a agreed upon period that's been established by them and the lender. Now, you ultimately are going to have to pay it back. But this is where It can be good. Any missed payments would either be paid in a lump sum or will be paid at the end of the loan. They add it to the term. So let's say you had a 15 year mortgage and you're at the 12th year now and all of a sudden you get laid off and you really want to keep your house. And let's say your monthly payments are going to probably be in the rear of$20,000. Don't take that$20,000 and whatever your monthly payment is. Divide that and they can add it to the end of the mortgage. So instead of it being 15 years, it might be 15 and a half years, depending on what the monthly payment is. Now, you want to also do that because many people have their taxes and their insurance escrow. This is why you must talk to your lender. The lender does not want you not paying your insurance because they don't want their property at risk of loss. Right. But you don't want a higher premium insurance on it either. So if you talk to them about it and they include it in your monthly payment like they've been collecting it, it's going to be better for you to do it that way. So forbearance is an option. Repayment is an option. It's a plan to resume regular monthly payments while also paying off a portion of your past due amount each month until the loan is current. Think about that. You might be out of work for a while, but you get your job back. And now you're earning enough money not only to pay what you owe, but add an extra$500 to catch up your arrears. Explore your options and truly figure out what's best for you. What may be best for you, Lisa, may not be what's best for Glenda. It becomes a personal decision based on your personal financial situation. And if
SPEAKER_01:you're able to negotiate an alternative payment arrangement on your mortgage, for example, that's not going to affect your credit rating,
SPEAKER_00:right? That's why you have to be proactive with the lender. If you're very proactive, I often tell people, go to the post box and get the mail. Just because you're not going there doesn't mean you're not late. But if you're proactive, it's going to be better for you to be proactive. Loan modification. Some people just simply need a loan modification. Well, would they adjust the original terms of the loan that makes payments more affordable? That's really great if you had a higher interest rate loan and the rates are lower. If they can modify it simply for interest rate, reducing it because you can pay that. Think about
SPEAKER_01:that. So that would be, for example, a change in interest. That you just said. Or could you lengthen the loan if you've got a 15-year and you want to take it to 20?
SPEAKER_00:Right. Those are all things that can be discussed in a modification, a loan modification. Again, refinancing is just replacing your current mortgage with a new one with different terms, potentially making the payments more manageable. But you see, these are things that lenders have.
SPEAKER_03:They don't advertise that they have these things.
SPEAKER_00:Because consumers don't ask. People heard of FHA and they heard of mortgage insurance. Well, if it's with you for the life of the loan until you notify the lender, then I'm at 78% loan to value. Why am I paying this mortgage insurance? If you don't know, you don't know.
SPEAKER_03:Lenders make money off of those loans. They package them and they sell them as securities. So listen to what lawyers tell you.
SPEAKER_00:Then there's always the short sale. Selling the property for less than the outstanding loan balance with the lender's permission. Allowing the borrower to avoid foreclosures. This is a tool you use if you're really at the point that you know there's no way you can save your home. But you want to do everything in your power to save your credit. You want to do everything you possibly do you can do to save your credit. Because what you're doing there, you're simply saying, hey, this house might be worth$500,000. I can only get$350,000 for it. Mr. Lindo, are you going to let me let it go? Now, let me caution you here. There may be a deficit judgment. that they place on it, or they may give you a 1099 for the difference. That now becomes a tax obligation. So whatever agreement you get to, don't be over anxious. Do a little due diligence. Don't agree to do anything until you know this is what you can do. And most of the lenders are going to work with you. Because again, just as Glenda said, they're not in the business of foreclosing. Let me kill that myth right now. They are not in the business of foreclosing. Think about it. They have packaged those loans and sold them on the market, and they're expecting a return. Well, if they belly up, they still have to pay those investors what they sold those loans to them for. So it's not as simple as saying, ah, they can do it, but they also have to protect. If you're a financial institution, you generally have stockholders, and they've invested in it. D in lieu of foreclosure where you voluntarily transfer the program back to the lender in exchange for release of the mortgage debt avoiding foreclosure. I always tell people that I think that that's one, if you know that you get ready to leave a certain community or leave a certain state and you've tried, that might be your option.
SPEAKER_01:Who could you talk to about like your many options and how to decide what to do? You call the servicing department now.
SPEAKER_00:How do they know what's best for you? Well, when you get to the person who knows how to say yes.
SPEAKER_03:That's the one we got to
SPEAKER_00:keep. You will get there. But when you think of the D in lieu of foreclosure, if you are moving to avoid foreclosure, you know that you're going to move. The thing that hurt me most in 2008 when we had the housing crisis, and I remember the housing crisis, when you saw people furniture and stuff in front of their house. Not every mortgage is for every consumer. And in 2008, we had some product out there that was not for every consumer, which kind of created that hardship. I'm a traditionalist. I tell my kids, get your 30-year fixed rate. If you have extra money to pay on the principal, do it. But at least you've taken it out for the longest possible pay. Yeah, you'd always pay it early. You can always pay it early. You can always make an extra principal payment. You can always talk to Linda and see if you can do a monthly payment. Things work. Yeah. And then this last one is just a grace period. But a grace period really is just most of the mortgages are late after 15 days. Most lenders nowadays will give you a one-day grace period and not charge you a late thing. But if you get not because you ask not, you have to ask for these things. You need to repeat that. You get not because you ask not.
SPEAKER_01:Yeah. Hiding under a shell is not going to make things better for you. No.
SPEAKER_00:And then, you know, there's always the option of saying, and depending on where you're at, could you pay the interest only for a while? This is America. Everything is negotiable. Doesn't mean you're going to win a negotiation, but at least start the negotiation.
SPEAKER_03:Those are all excellent points and taking me back to a period of time where mortgage was my life for a minute. There I was learning about it and all the ins and outs and how they make all the money off of us. So thanks for sharing that. Thank you.
SPEAKER_01:What about if you're a renter, though? You know, the same factors don't apply, but the principles still apply, right? Well, you have to
SPEAKER_00:notify your landlord. And hopefully you've had a good relationship with your landlord. You've been a good tenant. You've just run on hard times, right? Now, landlords who have had good tenants generally will work with it. But we're in a different time right now. We don't know how many tenants that landlord may have that's having these same challenges. So, but I would say, Call the landlord, request an extension, just say, hey, I'll pay the late fee, but I know the next two months I'm going to have a hard time. I'm trying to find me another job, but I promise you I will pay you. Most landlords will try to work with you if they can. And guess what the landlord has on you if you don't pay them? They have your social security number. They have all your information that they can report you to the credit bureau and they can take you to small claims court to get their money. But be honest, be straightforward, and be clear on what it is you need. Propose a plan.
SPEAKER_01:Yeah, that's a thought, right?
SPEAKER_00:Propose your own plan. If you really know, send a written out, sit down, write out your proposed plan to the landlord. That's showing good faith. That's showing that you're serious about what your current financial situation is, but you know you need a roof over your head.
SPEAKER_03:That's a big deal, especially with renters. So many people are renting now. Also, it depends on, I think, the state you're in. Like if you're in New York City, I don't know what landlords are interested in New York. That's all I'm going to say.
SPEAKER_00:Your point is good because in some states are tenant friendly. And when I say tenant friendly, it can take you six months to a year to evict a tenant. And generally, tenants know their rights. So that way, if a tenant comes to you in good faith saying, hey, I know I'm running into this problem. I've been a landlord. The good ones, you don't have a problem with. The bad ones you find out by the second month. Even if nothing's happened. It's kind of like the engineers always tell you if you buy an appliance, you'll find out if it's a linen within 30 days. If it passed the 90 days, you got a good one. You have a tenant with a get over mentality, you're going to know within two months. Why get over two months? Because you probably required the first month in the second month. So come the third month, You'll know.
SPEAKER_03:Okay, so even with houses, mortgages, rental property, we all have utilities. So how do we handle utilities?
SPEAKER_01:Yeah, the gas bills have been really high. I don't know if you all have noticed. It was really cold, but people have also been complaining about... Well, I always say,
SPEAKER_00:after you've been in your home for a year, both the gas company and electric company can give you what they call an equal payment plan. Because what they do, they analyze... your usage for that year. And then they can sing and work with you and give you a proposal. So they may say to you, and the good thing about this, it's not fluctuating throughout the year. Not to have these surprise bills. No surprise bills.
SPEAKER_02:Do they also call that budget planning too?
SPEAKER_00:Budget planning or even payment planning, depending on the utility. But they do that. And then generally on the anniversary, they send you a notice and they say, okay, you owe us$70 or you have 70 plus. Do you want us to apply it and keep your payment the same? But the good thing about the equal payment plan, the budget plan is each month that payment is going to be the same amount. So you're not dealing with any shock. Yeah, because I know I had a couple of shocks this winter. Yeah, because you can go from, let's say, a$50 bill to$250. Right. Whereas if you're on the budget plan and they say$150 a month, you know that's$150 for 12 months. Right. Easier to swallow.
SPEAKER_03:How does one find out about these equal payment plans and budget planning? Oh, I
SPEAKER_00:can guarantee you
SPEAKER_03:this.
SPEAKER_00:When you get your monthly bill, they probably have it in there. Most utilities will notify you may be eligible for equal payment plan. Look at your utility bill or just simply call your utility. You can get information at your utility company. Call them with your account number. Say, I'm interested in doing an equal payment plan or equal budget plan. And they'll get back to you quickly. They like knowing that they're being able to help their customers understand what their bills are going to be.
SPEAKER_01:The price of food, I know at least like a month ago, was like going up. I don't know if it's stabilized at this point. And so you've got this issue of food prices and now people losing their jobs. I know Montgomery County, we've got some great resources for people who suffer with food insecurity. But in terms of managing the food budget, do you have any tips for that?
SPEAKER_00:Well, first I want to make sure we all understand what food insecurity is as defined by the government. Food insecurity is the inability to provide adequate food for at least one household member sometime during the year. Not the whole house. One household member sometime during the year. But what we generally see is families that are food insecure. Yeah. We see neighborhoods who have food insecurity. We have food desert communities. And food insecurity leads to emotional, physical, and mental health issues.
SPEAKER_03:Yes, they do. I saw a lot of that last year. It
SPEAKER_00:has profound effect on children in school. If you're not full, you can't concentrate. If you can't concentrate, you can't perform in school. Right. So food insecurity is a challenge. Going forward, I don't know how much more challenging it would be with the impact of food banks losing a lot of their food. Yeah, that's right. I think the faith-based communities are going to continue to have to step up more and more to ensure. But I also think for families, families need to get back to being families. Everybody doesn't have to cook every day. But to answer your question specifically, let's purchase those items that have long shelf life. What are some of those days? Pasta, beans, rice, nut butter, oats, cooking oil, canned fruits, vegetables, they all have long shelf life. All these products have anywhere from six months to a year of shelf life. And I think if families gather around and go back to potluck, everybody's not responsible for one, the whole meal. Everybody brings something. I think that that's a way of saving. I think food insecurity is real. Our challenge in our country has not been food. It has been the distribution of the food.
SPEAKER_01:That's
SPEAKER_00:why they want to use schools. That's why they use churches. I've attended several food insecurity conferences. And when I heard that, I said, that's interesting. They said they have no problem during the school year. They can send food home for dinner to the kids in their backpacks. The biggest challenge has come in summer because now you have to get the food to those children. So distribution has been a challenge.
SPEAKER_03:Well, they learned how to do some of that during COVID. There are families that they got food to during COVID. Hopefully we can use lessons learned for what's happening now with people losing their jobs and making sure that children are not going without food.
SPEAKER_00:When you think of food insecurity, let's think about those individuals who are impacted the most. Senior citizens. Yes. Because there's been an impact on meals on wheels. Yes. Who generally feed our seniors. If they're removing lunch and breakfast out of school, then our children. So whatever we can do to help. I've always said if I make extra dinner, let's give it to somebody.
SPEAKER_01:Yeah. So what about, you know, say a family is trying to, you know, make ends meet for a discrete period of time and they dip into a retirement savings as like the rainy day fund.
SPEAKER_00:I have a bias there. My bias is I'm currently 68 years old. I'm retired. I received money that I paid into Social Security and from former employers through pension. I will not dip into my 401k because my recovery time is not on my side. However, if I was 28, I might borrow against whatever I have because time is on my side to pay it off, recoup it, and still put money in my retirement. I'm no longer adding to retirement. So for a 68-year-old retired woman, my answer would be no, I'm not dipping in. On the other hand, if I'm 28, even if I'm 40, it may be an option. However, if you dip into your retirement, make sure you understand the rules. There may be tax implications. And you have to figure out, is it worth the tax implications and the penalties? Yeah. So again, none of these decisions can be made in a silo. They need to be made looking in totality of the situation. Now, if you have regular savings, then tap into that first. My biggest fear was being old and broke. When I was working, I always said my biggest fear is being old, broke and homeless. Even if you're 60, you might not want to do that. Yeah. Because I'm thinking personally, if you're like at least under 55, because you still may work another 15 years. Yeah. Okay. But if you're 60, there comes a time that you say, hey, I might want to retire, but I may want to work to 70. They are moving up to social security age. But I think, again, that becomes a personal decision. Yeah. But I think you have to look at your total situation. I also think that there are resources out there Again, if you were to bank, most banks have financial planners. And they may want you to bank with them. But if you were to, a lot of people, retirement money is not necessarily with the bank that their savings and checking account is with. But those very banks have certified financial planners who can look at your total picture.
SPEAKER_01:Yeah,
SPEAKER_00:and advise. And they will definitely give you at least one courtesy, if not two courtesy analysis, because they will try to help you do what's best for you, but also try to move you to an instrument that they work on.
SPEAKER_01:Given the kind of economic climate right now, it seems arguably that we're looking at a recession coming around the pike. How do you prepare for that? Say, even if you're working, but, you know, prices are going to, what, probably increase, right? What is a recession?
SPEAKER_00:In financial terms, a recession is a sustained period of negative economic growth characterized by significant decline in economic activity. often lasting more than a few months and impacting various sectors like employment, production, and consumer spending. So it's a mixture of activities that are happening. Or not happening. When people talk about, well, when is the Fed going to lower the interest rate? And the Fed says, well, I'm not going to lower the interest rate. Well, if we go into a recession, they might lower the rate. Because you have to do something to try to stimulate the economy.
SPEAKER_01:But if people are laid off and looking for jobs, you know, people are going to husband their funds and they're not going to spend money.
SPEAKER_00:The ironic thing about when we're in a troubled economic time, some jobs are lost and some jobs are gained that are in the same industry. For example, real estate. Oh, yeah, because people are losing their houses. People are going to lose their houses. So somebody's going to buy them. So we're going to need to sell them. So you see, it's a double whammy in real estate, depending on where you're at. There are those jobs or those types of industries. But what are some of the jobs that I would think that may be at risk? Generally, from a business perspective, those things that we call a cost center, where you cost the company money, money such as marketing, You may not need to do that much marketing if you don't have that many people to market to. The auto industry. The tariffs are making the prices of cars 25% more. People are going to keep older cars, but if you're a mechanic, you're in the auto industry. Oh, yeah, you're going to make money, right? Right. Accountants, health care providers, financial advisors, auto repair, home maintenance stores. Oh, because all the do-it-yourselfers? Grocery stores, we have to eat. Bargain and discount stores. People decide they no longer have to go to the more expensive stores. Thrift stores. Dollar stores. Shopping shops, right. Child care. I guess cost. Child care is almost recession proof. As long as you have children, you need somebody to care for your child.
SPEAKER_03:As long as you have children and you have a job. Right.
SPEAKER_00:But you know one that would shock me when I was doing some research? Dating industry. What, like dating apps? Like dating, because people don't want to be lonely. They're already diverse. Yeah. They want companionship. Yeah. Beauty businesses. People feel like, I'm going to look good even if I feel bad. Yeah. Pet care. People take care of their animals. They like their children,
SPEAKER_01:okay? Guilty as
SPEAKER_00:charged. Guilty as charged. Courier services. Think about all the various courier services. Yeah. So that's what I often say to people. Through every storm, there's a blessing. You have to be able to pivot because someone is making a living. We have to live. We have to eat. But we will cut back on those things that are not necessities. And you must do that. I always say if your money is funny and your change is strange, you need to get a new attitude and find your financial fortitude.
SPEAKER_02:Oh, love that one. I'm scared.
SPEAKER_00:And when we do that, we do ourself a favor and we do others around us a favor. And then, you know, we've all heard it. And this is where you probably have to really learn how to use the word no if you never used it before. What comes after no? A period. It's a complete sentence. No. So on one hand, you say no. On the other hand, you go find a person who get paid to say no. Yes.
SPEAKER_03:I'm leaving here with that line.
SPEAKER_01:Well, that pivoting, that's a really good point. I think a good ending to what's been a really insightful talk. If someone wants to reach out to you, to your consulting firm, is there a contact information?
SPEAKER_00:Yes, they can call me and leave me a message. I do call back and you can reach me at 919-641- And just simply leave a message, your phone number or your email, and I will be in touch with you within 24 hours.
SPEAKER_01:Lori Jones-Gibbs, CEO of LJG Consulting with a wealth of information. And if you feel as though you are going through some difficult times because you just experienced a layoff, you think a layoff is coming or any other impacts that might be affecting your financial health, Lori's the one to talk to. She'll give it to you straight and she'll give it to you with a smile and she'll make you laugh and all at the same time. So thank you so much, Lori, for joining us today. We really appreciate this great conversation and all the great insights that you gave us.
SPEAKER_00:Thank you, Lisa. Thank you, Glenda. I feel honored. Thanks for reaching out. It's been fun. It has been.
SPEAKER_03:Thank you. I just have one more thing to say. Remember, find the person who can say yes. That's right. So I might keep telling you, no, just say, I need the person who can say yes. Just keep searching until you find that person. Right. Take care, everybody.
SPEAKER_01:Be sure to check us out on our website at www.2blackmomsatamic.com. where we hope that you will subscribe. You can also hear this and our other podcasts on Google Podcasts, Spotify, iHeartRadio, Amazon Audible, and Podchaser. If you like what you hear, we hope you'll give a great review.
SPEAKER_03:Hey, thanks for joining us today. This is Glenda. And this is Lisa. Two black moms and a mic, and we're signing off.