Merry Christmas Eve, everybody. Wanna say Merry Christmas? Merry Christmas. This is Croy. You had seen Lincoln on day one. This is my youngest son, Croy, who is sometimes shy but likes to talk a lot. Isn’t that right? Yeah, day 12. Hopefully you’ve at least heard one of the other days, if this is your first day. Welcome, by the way. This whole project has been really fun overall for me and really allowed us to give some insight to other clients that are going on. So I really hope you take a lot from it. Today we speak about one of my clients. One of my newest clients came to me from another client of mine as a referral. And I’m going to download you on their background, what they’re about and then what we’ve taken care of or working on just like you’ve heard everyone else. sO this client, a married couple they have four kids adopting one and make really good money on a W2, but also have a couple side gigs. And have, a farm and a couple other properties. So they had her sister help her with the finances whether it’s doing the books, doing the bill pay and just running overall finances as they were busy as a lot of us are specific specifically when we’re business owners. And. I think it was going smashingly, and then this fall, come to find out that none of I said nothing. Oh, okay. Come to find out that her sister hadn’t been making some of those payments for most of the year. Which you all know would do for credit cards and everything. Um, he’s being loud, isn’t he? Aren’t you being loud? No. Okay. Which you know would do for your credit score. It would take it from, not 800s down to 400s. Behind on bills, debt racking up. And the reason that had all happened is because her sister ended up with a terminal in this. And within basically seven days of each other, she lost her brother and her sister and left her as the only child left and with helping the parents in all of the situation going on. And that’s a lot to deal with, let alone having your own kids and flying back from Texas to Iowa to bury your brother and your sister. As long as well as all the debt and getting the collections and not knowing what’s going on and being very just. Not only unorganized, but disorganized just because she wasn’t the one handling it. And my other client came to me and said, Hey, I’ve got someone who’s very much like me who has a lot of stuff going on and really would want to be a part of your personal CFO or, family at modern family office service. And so we started chatting and talking and got all of the documents and yes, it was as much as a mess as you could think of. And it’s difficult, right? She’s going through a very tragic time, but also a very stressful time with her own stuff, her own personal finances on top of the, the death of two family members. And so that’s where we stepped in, uh, being the modern family office that we are, we’re able to step in and help with bill pay, organize those things. We’re able to step in and make sure all of the accounts are going in the right direction. We’re able to do those things and help them through. That type of situation. So after organized and figure everything out, what do we do? The first thing is to come up with a plan to deal with the debt and to hopefully help with the credit score. We’re writing a letter to the creditors and lenders and saying, Hey, here’s our game plan. We can’t pay it all back. Like right now we have some issues. This is what happened with her sister. And give them the best story that we can and hope that they. If not, we do have a payment plan in place. There are some things that are going on within their own budget that we have to address. And that is making sure we’re spending correctly and efficiently. Especially when you have been spending without knowledge of everything. Then it makes sense, hey, let’s hone that in. There’s some interest, or not interest, there’s some loans, there’s some insurance that we’re adjusting as well. And doing this in a three phase step, like I said, there also have a side gig that they’re wanting to become their full time gig. And so as we’re going through this, people need to understand it takes time. And that’s what I’ve been explaining to them is we’re going to do this in phases, first phases. We’ve got to get everything under control. We’ve got to get cashflow flexibility, and we’ve got to be able to pay off or start working towards paying off some of this debt. And getting the credit score back, although that may take a couple of phase two is once that’s all established now, we can really start to build out what that businesses, the side businesses are going to be, not going to be, but they have those, but what does that look like and how can we start to take that over and then phase three being implementation of those side businesses becoming real full time gigs and then having the flexibility and growth. Yeah. So disorganization with a tragedy leading to business ownership with everything in between going on. That’s what we do. That’s what a modern family offices. I believe that’s what financial planning isn’t in general. And ultimately, that’s what we’re able to be here for you. And for all of your kids, your businesses, et cetera. Why take this on? A lot of people ask what is a modern family office? A modern family office. If you haven’t done research or don’t know what a family office is typically the ultra wealthy have a team or a family unit, if you will. That helps run all their finances, right? The operations of their, sometimes their business, but their personal, setting up their travel, their bill pay, meal prep, all of those things, buying cars, buying places for them. And that’s what we’re dwindling that down to the everyday business owner, right? If you have six figures, a modern family office, personal CFO package of ours can come in and really help you. Our purpose and our goal is to one, take some weight off of your shoulders, right? Helping you make decisions making sure those decisions are getting implemented. So you can focus on whatever your task and operations are for bringing in money and being with your family. And third, having your back and doing all the research and the necessary things that come up in life, right? A lot of things come up in life, whether that’s wrestling. Whether that’s taking care of your boys while they’re on a podcast. One of those things those things come into play. And that’s truly what Black Mammoth’s about. That’s truly what I believe in. And I believe modern family offices are what every business owner should have. Every person should have a financial planner. And every business owner should have some form of a modern family office. Again, cash flow pending, of course. And that’s, what’s important to me is to establish that when you’re in that type of relationship and bond, it’s, it really, truly becomes a family. My clients know who my boys are. They’ve watched them grow from when we didn’t have kids to when the littlest one was about, this big and all the way through as they grow and same thing with their kids from when they were in high school, through college, through having their own kids. And that truly, to me. Is what’s important. It’s not about the money. It’s not about the dollars It’s about are you taken care of? Do I have your back and are we all one giant unit that can get things done? And that’s what My role is to go find those things that need to be done for you And get them done while helping you make the best decisions that you possibly can again I’m, not ever going to say i’m an expert I have skills, I’ve learned a lot of things, but I learned from every situation and experience I possibly can through these 12 days and 11 of these clients stories, I’ve learned a lot and now I can take those and I can utilize those for you as a client. For my current clients and as well as we continue to do more of these podcasts and series as well. So that’s what a modern family office is. That’s why it’s important. And that’s really what this client story is about is it literally nailed every part of our service and what we do at Black Mammoth. And can do in a very short period of time and why I believe that every one of these professionals that I have on the series and have on the podcast all believe in the same thing. And that is ultimately taking care of you, helping you make those emotional and feelings decisions and having someone to have your back. So with that, we end the series with a Merry Christmas, a suckerfish kiss from Croy. Lincoln, are you back there? And we all want to wish you a happy holidays. Say Merry Christmas. All right. We’re signing off now. Have a very Merry Christmas on this Christmas Eve. And we hope all your wishes come true.

Black Mammoth:
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