Like the show, Win, Lose or Draw you must decide your fate.
Financial fate that is.
Are you a fiscal gentleman or lady that manages your money well? Let this post help you out!
I do not care what anyone says or tells you, but saving is important. Supremely important, in fact. Why? Because all things first start with having money; therefore, you must save some.
Want to buy a house? You have to have a down payment. Want to start a business? You need to have the funds to pay employees and the lease on the storefront. Want to invest in your favorite company? You have to be able to put money in the brokerage account. And the list goes on and on.
I’ll give you an example of why you need to save money.
Every year for my birthday, I like to buy stocks.
Generally, shares in a 500 index fund. However, if you are broke, then there is no way to make this ice cream dream a reality.
Instead of an exotic vacation, new toy, fancy new set of wheels, or expensive birthday cake, I prefer to buy myself a $3.50 cupcake. Wait…in providing full disclosure I paid tax on that cupcake, so it really cost me $3.85.
I actually had about $500-$5,000 that I could invest. So, where did that other $496.15 or 4,996.15 go? Toward earning me interest of course!
We cannot all be like the jeopardy champ that has won a mind boggling 28 times in a row. His total winnings are now at the $2 million-dollar mark. Incredible!
However, we cannot base our financial futures on being able to answer in what year was the Louisiana purchase; 1803. Oops…I meant to say, What is 1803?
We need our money to work for us while we are sleeping.
I know the cast of Friends is still raking it in, but they are from a different time. When studios had to pay to play. That is, pay these actors on the back-end with royalties in order to get them to commit to playing the same characters for a decade or more. That is 12-15 hour days spend on a studio back lot that you cannot get back.
So I say kudos to them and the casts of the recently ended The Big Bang Theory and Game of Thrones. However, we all can’t be Starks or Dr. Sheldon Cooper, Dr. Leonard Hofstadter, Dr. Koothrappali, or Howard no Dr. in front. Just Howard. š¤£
You must save because you do not know when the next check will stop coming in. Let’s examine this further shall we? In one of my posts, I wrote about why Academy Award Winner Halle Berry saves so much.
Because if you play spin the bottle with your finances, then it tends to land on BROKE!
It is no secret that here in the good old US of A many high school and college graduates know nothing about finances. However, here at Greenbacks Magnet we aim to change all that.
That is why I write cautionary money tales like today’s post.
For more cautionary money woes and tales, you can check out more stories on my website.
So let me give you some examples of why not to depend on big paychecks, royalties, or sequin jumpsuits.
A DIME ISN’T WORTH A NICKEL It was recently reported on May 14, 2019 that Brian May said that Queen hasnāt made any money from Bohemian Rhapsody. Now that’s a head scratcher. The film went on to gross over $900 million at the box office and its star, Rami Malek, with his performance as Freddie Mercury earned him the Oscar for Best Actor.
What do you gotta do to earn a few coins? Invent the wheel. Or in this case, invent music!
In yet another tale of musicians and money, David Lee Roth of Van Halen fame said the following in a December 2018 interview, “up until 18 months ago, I was making pennies in royalty on a $20 Van Halen record.ā In addition, Roth stated, “I got butchered 40 years ago. I made over a billion dollars for Warner Bros. I watched my whole fortune walk off into another manās pocket.ā
However, now that he is no longer under a recording contract and owns his own business he is, and I quote, “Iām a free motherfucker!ā
This is sad and confusing to say the least. I would be a disgruntled employee too if I sold millions of albums, t-shirts, spandex leotards, and headbands only to receive pennies on the dollar!
Check out how other musicians made fame and kept their fortune.
This reminds me of what I read in Pat Benatar’s book, she stated that she made her record label $75 million dollars and she felt used, abused, and thrown away.
After reading her book, I knew I better make sure to fund my retirement account like no tomorrow. When you see people work that hard for so many years talk about getting the shaft, then you know us regular folks in the salt mines better get it together.
Don’t even get me started on all the celebrities that owe the IRS! It just goes to show you that saving money has to be a part of your financial freedom equation.
There is no financial independence when you have debt obligations. More cannot go out than is coming in.
WE ALL MUST FACE THE MUSIC
Here’s the thing. We ALL are going to stop working someday. It is simply up to you to decide what you want to and ow you want to live.
You may think that adults should know how to manage their money. However, if you never learned how to balance $100 in your checking account, then how on earth is someone supposed to earn and build a million bucks!
I work under the impression and assumption that if most people can manage $1,000, then they can manage $100,000 or more.
If I still have not convinced you to save, then just let me share this last story with you. If you saw The New Edition Story, then you know kids get ripped off too! Recording a hit album netted these kids $500 and a VCR! They decided to start taking more control of their money and their financial destiny. And you should too!
Therefore, I have chosen to be the master or mistress of my fate like Elvira is Mistress of the Dark.
I own my image, whatever I do, my mistakes and my money.
I am Mistress of the Greenbacks Magnet. I’m ready for my financial close-up like the same way model and actress Cassie poses for a shoot.
If some company goes belly up and decides not to pay out it pension, then plan to make other arrangements. I don’t want to be left holding the bag for my retirement after giving my youth to some company who tells me to invest in their stock while at the same time cashing out their own chips like Enron.
That is why I save and invest.
I increase my goals EVERY SINGLE YEAR!
Doesn’t matter if every goal doesn’t get hit, I still have something to aim at.
This is what I have decided for my future. Here’s my financial close-up. š
Here is a peak behind my financial savings curtains.
Ladies and Gentleman, I give you Greenbacks Magnet savings goals:
2018: $13,333
2019: $14,000
2020: $15,000
2021: $16,000
2022: $17,000
2023: $18,000
2024: $20,000
2025: $25,000
As you can see, my ultimate goal is to save $25,000 per year. That would net me $100,000 every 4 years! It is all about planning and discipline.
I do not care if your goal is to be able to make rent next month or buy a private plane next year.
Whatever you do, win, lose or save; make a goal and stick to it.
āSuccess isnāt always about āGreatnessā, itās about
consistency. Consistent, hard work gains success. Greatness will come.ā ā
Dwayne Johnson
Well unless you have been living under a Rock, then you have
heard of the name Dwayne āThe Rockā Johnson.
One of the most successful wrestlers to come out of the WWE of all time.
The Rock is an inspiration to millions with his good
attitude, humility, and great sense of humor. One of the hardest working men in
show business today.
If there is a movies coming out, then The Rock either
auditioned for, saw the script, produced, or is starring in it. I mean the guy
has a movie coming out like every two weeks!
He recently made headlines in January 2019 for not getting
cast in Crazy Rich Asians?!!
As he worked with the filmās director, Jon M. Chu, in the 2013 sci-fi action film āG.I. Joe: Retaliation,ā with Bruce Willis.
Regardless, The Rock isnāt low on cash by any means.
He has an estimated net worth of over $150 Million.
On my continued journey toward studying the self-made, the
man du jour is Dwayne Johnson.
Full Disclosure: I located numerous interviews, read magazine articles, and reporting on The Rock. One of the best came from Wonderwall.
So here we go.
Get your popcorn ready cause this is a long one.
Iām about to open up The Rockās wallet and give you a peek
inside.
Letās smell what The Rock is cookinā in his bank books shall we?
THE ROCK BEGINS: CAUGHT BETWEEN A ROCK AND A HARD PLACE
Dwayne Johnson, was born in California on May 2, 1972. Although he grew up poor in Hawaii, he is now one of the richest men in Hollywood, but the poverty he faced during his childhood is never far from his mind.
Case in point, On Thanksgiving 2017, The Rock revealed in a lengthy Instagram post that “there was a time back in ’87 when we couldn’t even afford Thanksgiving dinner and [were] praying someone would invite us over their house to eat.”
Due to his fatherās work as a professional wrestler, the
family was constantly in flux and bouncing around from place to place.
Wrestling is in The Rockās blood.
Wrestling is actually the Johnson family business — his
father Rocky Johnson was a star in the 1970s and ’80s, while his Samoan
grandfather Peter Maivia was famous in the 1960s.
As his mother was unable to keep a steady job because of this, they went through hard times.
HARD KNOCK LIFE
In another IG post, in May 2015, the wrestler-actor revealed on Instagram that “when I was 14yrs old we were evicted out of our apartment in Hawaii ’cause we couldn’t afford the $180 per week rent.”
In 2014, he told The Hollywood Reporter that a week before
they were evicted, he watched his mother’s car get repossessed. He reportedly
added to her troubles by joining a theft ring that targeted affluent stores in
Waikiki.
In addition, he stated in another interview that they were
so broke that his mother doesnāt remember walking out into incoming traffic
before he pushed her out of the way.
It was at that moment he decided to make changes in his life. He said to himself, āWhat can I do with these two hands?ā That is when he decided to start working out.
“The successful menĀ I knew wereĀ men who built their bodies.” – The Rock
He also stated while growing up people thought he was a girl and that they referred to him as one āall the time.ā
KICK ROCKS
āIāll never, ever be full. Iāll always be hungry. Obviously,
Iām not talking about food.
Growing up, I had nothing for such a long time.ā ā The Rock
The Rock is now one the biggest movie stars in the world.
But before the A-list super-stardom and even before his WWE debut, Dwayne
Johnson was just a guy that was down on his luck.
He decided that he wanted to play football. He worked
tirelessly and gave everything he had to the sport. His hard work paid off.
Johnson was a promising football prospect and received
offers from many Division I collegiate programs. After finishing high school in
Pennsylvania, he went on to play college football. He decided on a full
scholarship from the University of Miami, playing defensive tackle. In 1991, he
was on the Miami Hurricanes’ national championship team.
The 6-foot-5, 290-pound Johnson started only once, appearing
in 39 games with a total of 77 tackles and 4.25 sacks. With muscles on top of
muscles, he was a sight to behold. He was a physical specimen from Day 1.
It was once quoted about The Rock, “He was a
jack-of-all-trades, but only a master at wrasslinā.
Ed Orgeron, University of Miami defensive line coach
(1989-1992), once had this to say about The Rock.
“His uncle was Jimmy Snuka, he came from a wrestling
family. So we knew about that.
“I remember one-day walking off the field, he hadnāt
had a good day and I said something like, ‘You know, Dwayne, you should just
become a wrestler.'”
Warren Sapp, NFL pro football 2013 Hall of Famer, said this of
playing football with The Rock.
“So we used to joke with him by saying, ‘When you get
done with football, youāre going to go into wrestling, right?’
“And heād say: ‘Damn right, bitch.’
Everyone always had the same thing to say about Johnson, he
was charismatic, humble, and down-to-earth.
The Rock would go on to complete a bachelor of general studies degree. But his football career was coming to an end around the same time his academic career did.
WRESTLING WITH $7 BUCKS
ā1995. $7 Bucks In My Pocket. I Knew Two Things: Iām Broke
As Hell and One Day I Wonāt Beā ā The Rock
In 1995, Dwayne Johnson signed with the Canadian Football
League’s Calgary Stampeders at a yearly salary of $35,000. According to The
Hollywood Reporter, after just two months, he got knocked down to the practice
team, which paid just $250 a week.
That had to hurt!
During that time, he reportedly shared a two-bedroom
apartment with three other players, “eating ramen noodles and spaghetti
and sleeping on a filthy mattress he had found ditched outside a
pay-by-the-hour sex motel,” wrote THR. When he was cut from the team not
long after that, he had just $7 to his name.
This is when he decided to become a wrestler. He begged his
father to show him the ropes. Get it š
Dwayne Johnson made his WWE debut in 1996, becoming the first third-generation wrestler in the league. (His father, Rocky Johnson, and his maternal grandfather, Peter Maivia, were both professional wrestlers.) He quickly became one of the sport’s biggest stars. According to Fortune, during his second year in the WWE, The Rock made enough money to accomplish a childhood dream: He bought his first Rolex. (He smashed the $35,000 timepiece in the ring just a week later.)
I mean, wow!
āWhen You Walk Up To Opportunityās Door: Donāt Knock It.
Kick That Bitch In, Smile and Introduce Yourselfā ā The Rock
Dwayne Johnson officially transitioned to Hollywood in 1999,
the year he played a version of his father, wrestler Rocky Johnson, on
“That ’70s Show,” where he got to act out with Topher Grace as Eric
Forman.
The following year, he channeled his wrestling alter ego
(complete with cocked eyebrow) to portray an alien gladiator on an episode of
“Star Trek: Voyager.” A month later, he hosted “Saturday Night
Live” for the first time. Each of these television appearances — as well
as a few others — helped him prove his acting chops and win fans outside of
the wrestling world.
The peopleās champ was becoming the acting champ.
Things started really moving steadily from there for The
Rock.
In 2000, Dwayne Johnson released his memoir “The Rock Says…,” which debuted at No. 1 on The New York Times bestseller list.
Keep in mind, Writing isn’t generally a high-paying
gigāunless you happen to be the top-selling author.
Fun Fact: While this gains the coveted “NYT BESTSELLER” status for the authors, it doesn’t net a lot of money. There are weeks in the year where you can make the NYT list with as few as a couple of thousand sales.
According to Career Trend, Given the royalties of a standard
contract, an author selling 20,000 books priced at $25 would earn $65,625 the
first week on the “New York Times” best-seller list. This is not
quite the millions superstar authors bank, but if the book continues to sell,
these earnings add up to an impressive income.
Then The Rock hit pay dirt. He booked a starring role in a major Hollywood film.
Ā In 2001, Dwayne Johnson made his feature-film debut as The Scorpion King in “The Mummy Returns.” He reportedly banked $500K for his brief appearance in the action-adventure sequel to 1999’s “The Mummy.” His work in the film was so popular, he scored his own spinoff.
THE BUSINESS OF BEING THE ROCK
The Road To Success and Greatness Is Always Paved With
Consistent Hard Work. Outwork Your Competitors, Be Authentic And Above All
Else. Chase Your Greatnessā ā The Rock
Dwayne āThe Rockā Johnson rose to fame thanks to his exploits in the pro wrestling ring and got his first big break in the movie business as the Scorpion King in 2001ās āThe Mummy Returns.ā
He holds the Guinness World Record for highest paid for a
movie debut, as he received a $5 million-dollar paycheck for his role.
In 2004, Dwayne Johnson left the WWE to focus on his Hollywood acting career. The following year, he earned raves for his performance as a gay cowboy bodyguard and aspiring actor in “Be Cool.” Further signaling his transition from professional wrestler to serious actor, he was credited as Dwayne “The Rock” Johnson instead of just “The Rock” for his work in 2006’s “Gridiron Gang.” With 2008’s “Get Smart” — at the urging of his agents at CAA — he officially changed his stage name to Dwayne Johnson.
CAA, short for Creative Artists Agency, is also one of the
biggest entertainment agencies in the world.
GIVING BACK
āI Like To Use The Hard Times in The Past, To Motivate Me
Todayā ā The Rock
In 2006, Dwayne Johnson and then-wife Dany Garcia, who fell
in love while they were students at the University of Miami, donated $2 million
to their alma mater to help fund a renovation to the school’s alumni center. In
2007, they donated $1 million to the college’s Football Facilities Renovation
Fund, which was reportedly the largest donation ever from a former student to
the university’s athletic department. The University of Miami renamed their
football locker room in his honor: It’s now the Dwayne “The Rock”
Johnson Football Locker Room.
If that is not karma coming full circle, then I do not know what is! From getting cut from a football team to having a university athletic department named after you. Totally badass!!!
PERSONAL DIFFERENCES
In 2008, Dwayne Johnson and college sweetheart Dany Garcia
divorced after 10 years of marriage and one daughter, Simone. The same year
they split romantically, Dany became her ex’s manager. “I was already
deeply involved with his agents, I was already commenting on scripts. It was a
very natural conversation, where he just said to me, ‘I would love for you to
do this full-time,'” she told Marie Claire in 2017.
PERSONAL DIFFERENCES ASIDE, KEEP ON TRUCKINGā¦ALL THE WAY TO THE BANK
In 2010, Dwyane Johnson portrayed star police officer Christopher Danson in “The Other Guys.” He reportedly earned $9 million for his role in the action-comedyā¦. even though (spoiler alert!) his character gets killed off just 15 minutes into the movie.
Dwayne Johnson executive produced the 2010 documentary
“Racing Dreams.” The film, which centers around young drivers chasing
the kart racing championship title, marked The Rock’s debut as a producer.
I mean, does this guy ever stop working?!!! Now heās a
producer.
In 2011, Dwayne Johnson parted ways with CAA, whose agents
had urged him to distance himself from the wrestling world. He signed with WME
and legendary agent Ari Emanuel (on whom Jeremy Piven’s “Entourage”
alter ego, Ari Gold, is based), and officially returned to the WWE that
February.
You see that. He trusted his instincts and listed to himself, not just the advice of his management team. Others may help you along your journey, but ultimately you make the final decision. ALWAYS!!!
He appeared in a number of big WWE events over the course of
the next few years and, according to some reports, banked $3.5 million per year
for his efforts. Apparently, he was worth every penny: “We set
pay-per-view buy-rate records and attendance records each time,” he gushed
to Fortune of his big return to the WWE. In April 2016, the league confirmed
that WrestleMania 32 set a new attendance record for the WWE with 101,763 fans
in the crowd at AT&T Stadium in Arlington, Texas.
Would you look at that?
Setting records. Smacking down candy asses. Being eye candy.
Raising eyebrows and rising paychecks.
That is my description of The Rock!!
FAST AND FURIOUS MONEY
āLet Actions Do Your Talkin For You, (Unless Youāre Telling A Good Dirty Joke)ā
In an Essence magazine article, he was asked what he was wearing while talking over the phone. His answer: A thong. Backwards. š¤£Your boy has got jokes!!!
The Rock is now taking life a quarter mile at a time.
In April 2011, Dwayne Johnson made his film-franchise debut as Luke Hobbs in “Fast Five.” At the time, the fifth installment in the “Fast & Furious” franchise had the top opening weekend of any film ever to open in the month of April, though that record has since been beat. He went on to appear in the next three films in the series and has become such a fan favorite that he and Jason Statham scored their very own spin-off movie, “Hobbs and Shaw,” which is scheduled for release in the summer of 2019.
SEVEN BUCKS PRODUCTIONS
In 2012, Dwayne Johnson and ex-wife Dany Garcia co-founded their own production company, Seven Bucks Productions — a nod to that time the wrestler-actor found himself with just $7 to his name after getting the boot from the Canadian Football League. The company has produced several of The Rock’s recent films including “Jumanji: Welcome to the Jungle,” “Baywatch,” “Rampage” and “Skyscraper” as well as the TV shows “Ballers,” “The Hero” and “Wake Up Call.”
One of my personal favorite television shows I have ever
seen The Rock do was the show āWake Up Call.ā
Dwayne ‘The Rock’ Johnson: At 23, I Had Only $7 In My Pocket
ā Then I Turned My Life Around
According to Business Insider, āIn TNT’s new show “Wake Up Call,” Dwayne “The Rock” Johnson lends a helping hand to everyday people who are facing enormous challenges in their lives. From dysfunctional homes and dead-beat dads to sports teams that don’t gel and businesses struggling to survive.ā
MILK DOES A BODY GOOD
Dwayne Johnson starred in a commercial for the “Got Milk?” campaign that debuted during the Super Bowl on Feb. 3, 2013. He appeared in more advertisements for the campaign later that year.
He’s steady cashing them checks!!!š° Cha ching! š
Dwayne Johnson made his reality TV debut on the TNT
competition series “The Hero” in June 2013. He hosted all eight
episodes of the short-lived show. The following year, The Rock returned to the
network with the eight-episode series “Wake Up Call,” which tracked
his efforts to help average Americans transform their lives. His third stab at
reality TV, “The Titan Games,” is scheduled to debut on NBC in
January 2019. According to an official synopsis, the competition series (which
is in the vein of “American Gladiatiors”) is inspired by the
wrestler-actor’s “desire to motivate global audiences to reach their potential
both mentally and physically.” Hopefully it fares better than its
predecessors!
You can say that again. Heās been cancelled more times than checks!
BLOOD, SWEAT, AND RESPECT
āBlood, Sweat and Respect. First Two You Give, Last One You
Earnā ā The Rock
According to Fortune, movies in which Dwayne Johnson appeared made $1.3 billion at the worldwide box office in 2013 — more than any other actor that year. To be fair, he starred in four movies that debuted in 2013: “Snitch,” “G.I. Joe: Retaliation,” “Pain & Gain” and “Fast & Furious 6” (pictured).
My absolute favorite film in The Fast and The Furious franchise is Fast Five. It earned over $500 million in box office receipts. It set the stage for the billion-dollar franchise. This was a huge record at the time in 2011 for the film and The Rock most certainly helped put butts in those theater seats!
In 2014, The Rock starred in Hercules. It was a big budget film that cost $100 million USD to make. It grossed over $244 million at the box office, but was not the money maker studios would have liked.
To be fair, I saw the film. I thought it was excellent.
Solid performances by The Rock and the whole cast. My absolute favorite was Ingrid
BolsĆø Berdal. She was outstanding in the film. She was the Legolas of the film.
You know the role that made Orlando Bloom famous in The Lord of the Rings
franchise.
You know how it goes: “One Ring to rule them all, One Ring to find them, One Ring to bring them all and in the Darkness bind them.”
Or DC Comic Universeās The Arrow.
Like Jennifer Lawrence in The Hunger Games, she too uses a bow and arrow. You know it is always the coolest party people that use the infamous bow and arrow and that is because it takes REAL skill.
āWith Drive And A Bit Of Talent, You Can Move Mountainsā ā
The Rock
In May 2015, Dwayne Johnson starred as a rescue helicopter pilot in “San Andreas.” He reportedly banked $25 million — the biggest paycheck of his career so far — for his role in the disaster flick. There are reports that the box office hit will get a sequel, though no moves have been made yet on the project.
Alas, as of this writing, it doesnāt look like the movie
pulled in enough dough to make that happen.
“Ballers” debuted on HBO in June 2015. According
to Variety, Dwayne Johnson makes $650K per episode of the series — more than
any other actor makes on TV aside from the five main stars of “The Big
Bang Theory,” who each bank $900K per episode of the CBS sitcom.
As of this writing, The Big Bang Theory (TBBT), will be
ending and going off the air in Spring 2019. This stems from Jim Parsons’
decision to leave the series at the end of the season if the show were to be
renewed for a thirteenth season. The series will conclude with an hour long
finale consisting of two back-to-back episodes on May 16, 2019.
In October 2015, Dwayne Johnson announced that he’d signed on to promote Ford’s service departments. Since then, he’s appeared in several ad campaigns for the motor company.
In November 2015, Dwayne Johnson reportedly donated $1,500 to a shelter puppy who’d been named after him. The 4-month-old pooch required expensive medical treatment for a heart murmur.
THE BRAHMA BULL GETS INK AND INKS A DEAL WITH UNDER ARMOUR
āSuccess at anything will always come down to this: Focus &
Effort, and we control both.ā ā The Rock
The tattoos are beliefs of his ancestors from his fatherās side and mothers sides. His black culture, his Samoan culture, all cumulates in a belief that the spirit of his ancestors is protecting his family. These tattoos represent great struggle and about overcoming them.
The tattoo on his body comes down to 3 things; his family, protection of his family, and about having a true warrior spirit forever.
Dwayne Johnson launched his partnership with Under Armour in January 2016. The first item from his collaboration with the athletic brand, a duffle bag, sold out within 24 hours. Since then, he’s released everything from clothes and wireless headphones to sneakers through his Project Rock collection for Under Armour. On May 28, 2018, The Rock’s Project Rock 1 shoes for Under Armour sold out in 30 minutes.
NO FREE APPLE iPHONES OR APPS
Remember in my last post, when I talked about Taylor Swift putting Apple iTunes on blast about free music? No? Thatās ok. Hereās the link š
Well, now The Rock is working with Apple.
In May 2016, Dwayne Johnson launched an iPhone app, The Rock Clock, that’s essentially an alarm clock that wakes up users with exclusive inspirational video messages from the actor-wrestler. Users can also sync their alarms with The Rock’s so that they too can rise and shine at 4 a.m. every day to start their daily fitness routines. “Our goal was create a free, direct, uncomplicated, cool, motivating app to help us all get after our goals every morning,” the superstar explained on Instagram.
And remember this? iPhone 7 | The Rock x Siri Dominate the Day | Apple. If you look closely, you will see that fannie pack pic of him while he ‘s driving the Lyft car!!! šAnd in the video his manager calls him DJ. I would love an uncle DJ that can treat me to an ice cream anytime!
AND YOUTUBE
In July 2016, Dwayne Johnson launched his own YouTube
channel. Original series on the channel include the cooking show “What The
Rock Is Cooking” and “Millennials: The Musical,” a collaboration
with “Moana” co-star Lin-Manuel Miranda.
In January 2017, Dwayne Johnson launched Seven Bucks Digital
Studios, a branch of his Seven Bucks Productions focusing on developing new
original online content.
In April 2017, Dwayne Johnson returned to the role of Luke Hobbs in “The Fate of the Furious.” The eighth installment in the beloved “Fast & Furious” franchise opened worldwide to more than $541 million. At the time, it was the largest global opening of any film ever. (“Avengers: Infinity War” broke the record the following year.)
In July 2017, Dwayne Johnson starred in an ad campaign for
Apple’s iPhone 7 and Siri titled “The Rock x Siri Dominate The Day.”
In September 2017, Dwayne Johnson and ex-wife Dany Garcia
launched Seven Bucks Creative, a creative ad agency within their production
company, Seven Bucks Productions. In March 2018, the company released its first
campaign: two videos promoting The Rock’s Project Rock collection for Under
Armour, naturally!
In December 2017, Dwayne Johnson headlined “Jumanji: Welcome to the Jungle.” The reboot of the original 1995 family action flick “Jumanji” was a surprise sleeper hit, becoming Sony’s highest grossing film of all time domestically. It trucked along at the box office for months, becoming the first movie since 1998’s “Titanic” to open in December and top the box office in February. All in all, the film was so successful, Sony ordered another installment in the series for late 2019.
RAKING IN THE DOUGH BY THE TRUCKLOADS
In February 2018, before writer-director Rawson Marshall Thurber had even penned a script, Universal and Legendary teamed up to win a bidding war for “Red Notice,” which Rawson describes as “a big international heist picture, that is tonally in the vein of ‘Ocean’s 11’ meets ‘True Lies’ by the way of ‘Thomas Crown Affair.'” The two studios agreed to finance the film at $160 million based on a pitch meeting and the fact that Dwayne Johnson is attached to star. (According to Deadline, the deal is the largest for a studio movie in Hollywood so far this year.) The Rock will reportedly bank $22 million plus backend to play “an Interpol agent who is tasked with catching the most wanted art thief in the world.”
In mid-July 2018, Forbes released its list of the world’s 100 highest paid entertainers. Dwayne Johnson came in at No. 5 behind Floyd Mayweather, George Clooney, Kylie Jenner and Judge Judy. “The former wrestler tallied the highest ever acting take-home in Celebrity 100 history, thanks to giant upfront paychecks and a cut of profits on blockbusters including ‘Jumanji: Welcome to the Jungle.’ A huge social following allows him to negotiate an extra seven figures atop his standard contract for promotion, helping nearly double his 2017 earnings,” wrote Forbes. So how much exactly he is taking home in 2018? A whopping $124 million.
At this point, he is making money hand over fist. Just genius right there with his negotiations. I have no words.
Dwayne Johnson’s generosity is practically legendary. In
late July 2018, he took to Instagram to share a video of himself surprising his
longtime stunt double (and cousin) Tanoai Reed with a new truck. “Not only
does Tanoai represent our family and my career with relentless commitment and passion.
He also represents an entire Hollywood stunt community that is truly the
backbone of our business,” The Rock wrote in the caption. Giving thanks
where it’s due? That’s good business! Over the years, the wrestler-actor also
bought a Lamborghini Gallardo for one of his cousins, a Cadillac Escalade for
his dad, a Cadillac truck for his mom, a Honda Civic for another cousin, a
Lexus SUV for yet another cousin, a Ford F-150 for an uncle and another Ford
pickup truck for his longtime housekeeper.
As of August 2018, Dwayne Johnson is the most followed male
entertainer on Instagram with 112 million followers.
As of this writing, he now has over 136 million followers on
Instagram. He is the king of Insta!!!! He is the undisputed, follower for
follower, heavyweight champ of IG!
Two snaps for you Dwayne!!! You Rock!!
He’s the seventh-most
followed celebrity behind Selena Gomez, soccer star Cristiano Ronaldo, Ariana
Grande, Beyonce, Kim Kardashian West and Kylie Jenner. According to Forbes, The
Rock “insists on a separate seven-figure social media fee” for every
movie in which he appears.” Basically, his social media accounts are worth
millions in marketing and advertising dollars.
And that ladies and gentleman is how The Rock built his empire.
Here is his formula: Blood, Sweat, and Respect + Hard work and Consistency = Success. Ā Ā
Til Debt Do Us Part is a Canadian television series that follows couples that are going through financial crisis and financial expert, Gail Vaz-Oxlade, comes in to help the couple find solutions.
The series ran for over 100 episodes from 2005-2011. It also had a spin-off called Princess.Ā Ā She teaches couples to go from red to black and gain control over their money.
The show would air right after the Suze Orman show during its run on CNBC. Read my post Dom Perignon Taste on a Budweiser Budget to see how it all went down on Suze’s show.
#1 REASON COUPLES BREAK UP
Money is the number #1 reason couples break up. She visits couples weekly and gives them challenges to help with their finances. Then at the end of each episode, after about 4 weeks, she awards the couple with up to $5,000 dollars to help them get out of debt.
CUT THE CHEQUE
By far the best part of the show, in my opinion, is when at the end of one month, Gail Vaz-Oxlade gives the couple a cheque for an amount up to $5,000, depending on their attitudes and how well they did during the challenges. Keep in mind, couples could get less and some have. One of the lowest amounts I have seen her give was $3,000, which is a 40% reduction of the prize money.
The show was so popular that a 52-Week Life Planner was released based on the television series and offers day-by-day, step-by-step strategies and tips for successfully managing household finances.
This reminds me of a Tom Holland interview he did for Spiderman talking about how Anthony Mackie always says, “cut the check.”
If you have never heard of the show Til Debt or canāt remember it, no worries, I will take you back down memory lane tonight.
WHO IS GAIL VAZ-OXLADE?
āWe feel good when our homes are bright and shiny, put a little elbow grease into your money and itāll glisten too.ā ā Gail Vaz-Oxlade
Gail Vaz-Oxlade is a financial writer and was a columnist for numerous publications as a freelancer including Yahoo! Canada Finance. Ā She has helped people from high finance to low-income solve their money problems. Eventually, she became a television personality due to all of her work in finance and that is how the show Til Debt came into existence with her as the host.
She has written numerous books on the topic of finance. I have actually read one of her books called Debt-Free Forever.
Gail has a no-nonsense attitude when it comes to money. And that is what makes her so good at what she does.
FOR THE LOVE OF JARS
āYou can have everything you want. All you need is a plan. And how do we spell plan? B-U-D-G-E-T!āĀ ā Gail Vaz-Oxlade
Watching the show was very interesting. One recurring theme was the jars. Gail advocated for couples to live on cash.
Every single episode, you got cash jars. You would put in a certain dollar amount. When you spend, you write it down in the budget binder cause cash slips through our fingers easier than that snail did with Julia Roberts in Pretty Woman.
Some couples were taking out cash at the ATM from their bank accounts or doing cash advances, which Gail said she could not track so we donāt know where the money went. When itās gone, itās gone. Without writing it down or keeping receipts, there is no other way to track cash. So, jars it is.
MONEY LESSONS FOR GAIL
Gai loves cash and hates banks. She thinks they are bleeding people dry slowly with their interest and fees. Gail says banks are wolves in sheepās clothing. The only way this will change is to teach financial literacy in school. I say start in elementary when they are old enough to start asking for a $1 lollipop, itās time to start the finance lessons.
This is the secret recipe to building wealth: You need to make more money and you need to spend less money.
Here are 3 lessons that Gail taught me: (1) both partners need to manage the money, (2) no retail therapy, and (3) debt repayment takes time.
LESSON ONE: GAIL ON COUPLES MANAGING MONEY
Do not have only one partner manage the finances.
āItās not unusual for one person to assume the nitty-gritty of daily financesā¦. The problem is that when one person is excluded, or totally abdicates responsibility, it means the other can mess things up with no monitoring or grow resentful at always having to do the detailā¦. Taking turns managing the chequebook, and having regular conversations so that both of you are clear about whatās going on, means youāre both in the know and working to the same ends. It also means that one person doesnāt have to deal with all the crap, while the other merrily laughs off the stress and frustration with, āYouāre managing the money, so this is your problem to deal with.ā (Yes, there are dopes who say this.)ā
Always know what is happening with your money. I donāt care who signs the check and put it in the envelope. Just make sure you lick the stamp. Be involved.Ā Ask questions. Donāt be in the dark.
It’s kind of like that scene in CharmedĀ in the episode Be Careful What You Witch For. Remember that scene in the beginning, after the opening credits. I want you to be skeptical like Phoebe. Always know who you owe and how much. Nothing is for free.
The conversation went like this:
Phoebe:Ā I donāt get it youāve been stuck in that bottle for two hundred years then someone finally sends you to us and youāve no idea who licked the stamp? I find that very hard to believe.
Genie:What? I don’t get it you win the lotto and you’re asking for explanations?
Piper:Actually we’d like to know who to send the thank you note to.
āPlastic is anesthetic ā it dulls the pain, and then what happens is you just keep waiting for the next fake high.ā
And donāt I know it. I had a huge shopping problem for years. It was done as a way to dull the pain of the things going on around me ā low-income, working full-time, going to college ā I was a mess!
I had some pretty terrible managers when I was younger too. All the stress was getting to me. I had to find a way to cope, but shopping was not it. As I got more mature, I found ways to de-stress that were cheaper or free.
I have said it before that credit is seductive and addictive. It should not be used to replace your emergency fund (liquid cash). However, if you do, be strategic and use credit wisely and sparingly.
āA goal without a deadline is just a dream.āĀ ā Gail Vaz-Oxlade
Slow and steady is the way to repay debt.
āOne step at a time. You are on your way. Expect challenges. Keep your goal where you can see it.ā
You better believe it. If it took you 8 years to accumulate the debt, thinking you can pay it off in 3 months is delusional. See my post Getting out of debt one step at a time.
The good news is that once you recognize you have a problem with debt, then you can work on solutions. I have noticed that generally 2-3 years of cutting back and attacking debt is usually enough time to pay off most if not all of your consumer debt except the mortgage and student loans. After 5-7 years, the only debt left is usually the mortgage. That is a small price to pay for freedom.
Money can’t buy you love. But keeping love alive without money can be pretty tough. In fact, ninety percent of marriage breakups are due to money problems. And to get advice on how to manage money usually costs money! Til Debt Do Us Part, is a series that offers tough-love solutions to those willing to face their financial troubles head on. In each episode we meet a couple in crisis. Some are on the verge of bankruptcy, hounded by creditors or facing eviction. Others are just getting by, but in the midst of a personal meltdown or relationship breakdown because of money issues. With the sensitivity of a therapist and the toughness of a CFO, our host, renowned financial author and columnist, Gail Vaz-Oxlade reveals what she’s found in a couple’s finances – and then she’ll dig a little deeper. She asks some tough questions and then they’ll be forced to face reality. Where will it end if they continue on this rocky road? To get things back on track, Gail takes control of their finances …
This show was very eye-opening in how people managed their finances. Many did not have a clue what was coming in and going out. Gail would come in with her screen shots of the couples bank accounts and spending and give it to them straight.
Many times the wives would burst out in tears after seeing how much debt the family was actually in. Lots of couples were in over their heads. Some so deep in debt they had to consider selling their house, or worse, bankruptcy!
Some couples did not want to make any changes. Even though they were debt up to their eyeballs. These people needed to get their priorities straight. Much like Hermione, in Harry Potter.
Here is the show’s Intro and theme song along with a promo. This is just a taste, a light sampling, of what you are in store for with this show.
There are 2 episodes that stand out for me. They were called The Worst Family Ever and Love Affair with Luxury.
MONEY WORRIES CAN CAUSE SLEEPLESS NIGHTS
In the S03E13 entitled, āThe worst family ever?ā One couple were living in the wifeās family basement for about a couple of years. They spent with reckless abandon. Oh, the couple popped bottles night and day. Especially, after moving out and buying their own home for about $225,000. Thatās not bad. What is bad is that they saved zero dollars while sponging off her parents.
Then, to make matters worse, they threw non-stop parties at their house for friends and family. This was obviously all to make themselves look good to friends and family. In Yoda speak, so concerned with appearances they are.
āHappy people donāt worry about what other people think about them.ā ā Gail Vaz-Oxlade
OUT OF CONTROL SHOPPING FOR BABY BUT THE KIDS ARE ALRIGHT
In addition, they expanded their family and had a son, but financially were unprepared for this. At one point, the wife was spending $1200 a month outfitting junior! I couldnāt believe it. What is she buying Versace onesies? Get real. A baby doesnāt care. They just want to be warm, feed, and dry.
This couple were overspending by the tune of $4,100 a month! Holy spending gone bonkers, Batman!
Fun Fact: For those of you unfamiliar with that Batman line, here is where it comes from. The Batman television series from the 1960’s.Ā BatmanĀ was American live action television series, based on the DC comic book. It starred Adam West as the titular character and hero Batman and Burt Ward as his sidekick Robin.
It was also turned into a cartoon series. Here is Robin at his finest with his sayings. Hilarious!
I decided to post it so you won’t ever have to get the tongue lashing that Penny got from Sheldon on an episode of The Big Bang Theory about Batman at 2:48 into the video.
It was about The Lord of the Rings. Even Raj used a Holy Robin saying in there!
In this next video, Sheldon gives a fun fact to Raj. Now, you know where I get it from.
Now, back to the story.
The way the couple on the showĀ were able to overspend like that, drumroll pleaseā¦the credit cards!
When Gail comes along they are so bad she tells them they have to sell the house. They flat out said they could not sell the house. Even though they are on the path to $1.3 million in debt and possible bankruptcy! Gail, at one point in the show, tells them they are the worst couple she has had on the show and that she had a few sleepless nights worrying about how to help them out of this situation. Coming from Gail, thatās scary.
The way it went down, it reminded me of that scene in The Chipmunk Adventure, when Jeanette and Eleanor was telling the Arabian prince that Brittany spends money like a drunken sailor and Brittany got mad. Hilarious. I just so happened to find the footage of that particular scene and the movie on YouTube. Hope you have fun watching! No need to thank me.Ā Like Dean Winchester says, āYouāre Welcome.ā
SHOULD YOU FINANCE A $100,000 CAR?
āChange brings challenges, learning, and a sense of New. Change is full of promise.ā- Gail Vaz-Oxlade
In the S04E03 entitled, āLove Affair with Luxury,ā which aired March 6, 2008, is the gold standard of delusions of grandeur when it comes to money management. The wife, Simone, is a champion shopper and a spendthrift who manages to make 53 shopping trips in a single month! Thatās nuts. Even though she’s on maternity leave, a luxury car is next on her shopping list.
The only reason the couple is able to afford such luxuries is because they have each otherās incomes. The minute one personās income is gone or reduced, i.e. disability or divorce, the whole house of cards comes tumbling down faster than the stock market has in the last 30 days.
Frank and Simone’s combined $110,000 annual income is currently curbed by Simone being on maternity leave. Simone is addicted to what she believes she needs to keep up appearances in every respect, which includes working out at the gym, and spending money on “stuff” for herself, such as clothes, getting beauty treatments of various kinds, and having a beautifully appointed house. A $125,000 new car is next on the list. Simone, however, states that she would never do anything that would place her family at risk. But Frank doesn’t realize he is just as guilty, spending money on his electronics, which includes six large television sets in their house of four people, including one infant. This spending has resulted in $55,000 in consumer debt so far. They constantly fight about money, something having to give if their marriage can overcome this issue. As such, Gail issues them challenges largely focusing on dealing with their root problem, namely their addiction to luxury, this focus which not only entails them doing the challenges, but understanding why she has issued these challenges.
At one point in the show she says, āwe can finance $100,000 canāt we.ā For a car no less! If you have ever read this blog, you know I canāt stand cars for the simple reason that they can keep you in debt forever. You could spend a couple hundred grand on cars in a lifetime. You know how much interest you could earn on $200,000! Here are just a few on my posts on my beef with car loans below.
Money is a tool we use in the present to create the reality we want in the future. Learning about finance is a good start. Practicing good money habits and teaching your kids to understand the concepts of money ā budgeting, saving, and spending ā you help create their reality.
So, I want to always stay in control of yourā¦I will now end this post in the last words of the Til Debt Do Us Part theme song, money, money, money, money, money, money, moneyyyy!
An investment in knowledge pays the best interest. – Benjamin Franklin
It has been so long that I had almost forgotten this gem of a film released by Disney in 2004 called National Treasure starring Nicolas Cage. He plays a historian, Benjamin Franklin Gates, on the hunt for a fabled national treasure hidden in America that was told as a secret to one of his ancestors in 1832 by Charles Carroll. Ā The secret was the first clue (the secret lies with Charlotte) to the treasure and this is where the story begins.
After finding the first clue, it then leads to another, this time itās to an invisible map the Declaration of Independence, which was signed on July 4, 1776. And here begins the adventure and the life lessons.
GET A GOOD EDUCATION
After hearing the secret of the treasure from his grandfather, Gates goes on to become an expert in history as he recites historical facts, data, and events in American history with ease throughout the film. It was also at one point stated that he had various degrees from top colleges such as Georgetown and Brown University.
His educational and historical prowess is evident during the film to be quite extensive. This makes him very important to those who want the knowledge he has. His education and skills also helps him get out of all types of jams and sticky situations in the film. His expertise in literature, culture, science and history also drives the movie forward as he informs the audience of how he plans his next move why and with what tools he needs to succeed. His street smarts and brains are what keeps him alive. I learned from this that the value of a good education is priceless.
SHARE RESOURCES AND KNOWLEDGE
Gates is constantly figuring out his next move and is usually one step ahead of everyone else. However, he always shares what he knows. This allows people to put faith and trust in him, which was necessary for his success.
At one point in the film, he does not know something, but his comrade does (Justin Bartha). This enables them to keep moving toward their goal. Therefore, it goes to show that knowing is not enough, but you must also apply and at times ask for help. Shared knowledge brings more gains that keeping it to yourself.
CARE FOR OTHERS
Throughout the film, he makes sure to ask the woman (Diane Kruger) he is with if she is hurt or hungry. He tells people to be careful and to watch their step. He does all he can to keep his father out of trouble or in any harmās way. He also shows great respect and that he cares for the people around him. They, in turn, watch out for and care for him.
Gates kept good people and characters around him. He surrounded himself with capable people. If you ever saw the film The Fast and the Furious: Tokyo Drift, there is a scene when Han says he needs good people and character around him. He also said you make decisions and you donāt look back. Words of wisdom to live by. Itās gems like that people need to hear.
A LITTLE COMMON SENSE GOES A LONG WAY
In the film, while they are on their way from Washington, DC to Philadelphia, Gates says they need to buy new clothes to look less conspicuous. His companions agree, but one states they have no money. He then tells them that he has taken a book off his fatherās shelf called Common Sense, which was written by Thomas Paine during the Revolutionary War in 1776. Paine is also famous for writing the American Crisis and this sentence: THESE are the times that try men’s souls.
Inside the book, there is money. Gates says his father usually tucks away a small stash of hundreds in there. Bravo, how very smart of his father. They say hide it in the books, as that is the last place most people will look, if you are trying to keep something hidden.
I learned here that even small amounts of money can you help out, if you are in a pinch. And remember cash is king. People can turn you down for credit, but people welcome cash with open arms. Ā In one scene, a sales girl was hesitant to give back a hundred dollar bill he paid the clothes with, but conceded when he offered something of value in exchange. And he just wanted to borrow it to look at the back of the bill! Do not ever downplay the power of cold, hard cash.
THE STATUS QUO
Later in the film, Gates is in a bind. The bad guys (Sean Bean) find him and use his friends and leverage to do their bidding. He is reminded that their usefulness exists in keeping the status quo. One the bad guys get what they need, then they are no longer useful. Therefore, they do all they can to keep the state of affairs ever in their favor. Much like the motto of The Hunger Games: May the odds be ever in your favour. This film starred Jennifer Lawrence as Katniss Everdeen.Ā And the motto was said repeatedly by Effie Trinket (played by Elizabeth Banks). Trust me, you will need them to be as no one wants the odds stacked against them.
If you can, your goal is to always have a strategic plan to win. One of the greatest military leaders of all time, Napoleon Bonaparte, was well aware of battle strategy. During his time, he dethroned the king and queen (Marie Antoinette) of France during the French Revolution. His goal was to be emperor himself. However, short of funds he decided to sell the French controlled territory in America, known as the Louisiana Purchase in 1803. Ā Although, the United States could have said no, they decided to get the funds together in order to double the size of the country. The U.S. paid $15 million dollars and would go on to eventually have enough territories to create seven, and later, 15 states. I learned when opportunity knocks, answer the door.
PAY ATTENTION TO YOUR SURROUNDINGS
At various times within the film, he assesses the situation and surroundings to get out of numerous scrapes. Every time he was in some sort of trouble or missing a piece of the puzzle, he with the help of his companions figured a way out or an answer to a clue. Paying attention to your surroundings and telling the truth can help keep you safe. For example,
He knew that a ship was buried in the artic based on climate change and where to look for it
Saw that a barrel was being safeguarded by a deceased ship captain
Solved various riddles and clues throughout the film
Was aware of a smuggling cargo hold in an old ship
Noticed an incomplete coin collection in the office of a would be ally and used this information to get on this personās good side and lower her defenses
Saw an opportunity to get access to the Declaration due to a 70th anniversary party advertised at the Smithsonian
Bought a duplicate Declaration just in case of any trouble as a way to safety precaution
Knew to watch for signs of activity from afar and to then park blocks away from his fatherās house for fear of being followed
Bought new clothes to appear less conspicuous
Separated the map (lock) from the glasses (key)
When in federal custody he told the truth and received goodwill treatment
Recovered items that were clues and kept them in his possession (which would come in handy later)
Avoided danger at all costs
Delegating tasks such as asking a young boy to access the Silence Dogood letters written by Benjamin Franklin to avoid detection from the FBI
Always left little to no trace of his existence when plotting schemes such as putting the brick back where he found it
Did not knowingly try to put anyone in harmās way and avoided loss of life
Knowing that when spelunking in caves that the explorers would create second opening in case of cave ins or other danger as a means of escape
Recognizing that using the clue piece was how to open a secret door (the secret lies with Charlotte, literally)
ALWAYS HAVE A PLAN
When the bad guys need more help as their knowledge is not as vast as Gates, they then turn to him for assistance. This kept the ball in Gates court and the status quo on his side because he knew things they didnāt know. Once it was evident that he was the one in control, he exploited this opportunity and used it to his advantage to win. I learned that in life you need to acquire knowledge and skills, keep learning, apply what you know, be useful, and always have a goal or plan for success.
FORGIVENESS
Once they are abandoned and left by the henchmen, they then look for a way out. Thinking it is the route to the treasure. When it is not, they are thoroughly disappointed. Gates, very thoughtfully, apologizes to this friends. They forgive him.
This reminded me of an old saying I heard: To err is human, to forgive is divine. This saying is from āAn Essay on Criticism,ā Part II, 1711 by English poet Alexander Pope.
GIVE IT TO THE PEOPLE
It is not enough to have abundance, if there is no one to share it with. Too much should not be held by one person. The founding fathers believed the same thing about government: Give it to the people.
When Gates had the opportunity to give, he did so. He decided to give the wealth he had from the knowledge he had gained to the people. Therefore, there is no common good to be had by being miserly, stingy, or hoarding. Give what you have and give freely without looking for anything in return. Earn what is yours, keep what you need, and then give the rest away.
WHAT IS LIFE WITHOUT A LITTLE WHIMSY
You will notice in the film certain times when they are playful or funny. Although, they were in serious situations, they still made time to laugh now and then. One of my favorite scenes is when he covertly and illegally goes into the room for the Declaration and once he walks in, points to the camera as his friend looks on. This was funny because it signaled to his friend that his plan could be done and that as serious as things were he could still keep it lighthearted. Sometimes, in life you just have to smile or laugh at yourself.
It’s like Sheldon Cooper said, on The Big Bang Theory, after he decided to to drink hot chocolateĀ in months with an R in them: āWhatās life without a little whimsy.ā Indeed. Not very much fun.
HARD WORK = REWARD$
By the end of the film, Gates turns down a 10% finderās fee. Instead, he requests only a 1% fee for his services. His friend is upset by this. However, you will see what that 1% has gotten them.
Although, it took him 30 years, he was able to reap the benefits and rewards for all of his acquired knowledge and hard work. He also garnered the respect of his peers, family, friends, and colleagues.
From this I learned that nothing can replace hard work. You have to give it everything you have because success takes no less than everything youāve got. You must believe in yourself, even when nobody else does. Prove people wrong. Work for what you want. Do the right thing as it is its own reward. However, that reward may take years. But do not give up. The journey is more satisfying than winning.
