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In this episode of the Influence Her Mindset Podcast, Miko welcomes real estate broker and OWN reality star Jermeshia Braden Gordeau to talk about Generational Wealth. Miko frames money as the leading source of conflict in relationships and ties that stress to broader affordability pressures and a widening of the wealth gap. Jermeshia explains that while mortgage rates have eased from the high 6s to the low 6s, affordability—not just the rate—is the real constraint, and she considers 5% a healthy target historically. She shares her family’s path of starting with a modest primary home, living simply, and converting previous homes into rentals on the journey toward a dream home. Both emphasize that secrecy around money—especially in Black families—holds people back; the antidote is honest, recurring conversations about goals, budgets, and plans.
The discussion goes deep on financial trauma and therapy after Miko’s personal story of money-related violence and dependency. Jermeshia urges naming patterns (like “money hoarder” or extreme saver) and using financial therapy to heal them so strategy isn’t sabotaged. Credit is reframed as a tool: set minimum autopay to avoid late payments, keep utilization around 30% or less, and use-and-pay routines to build history. They note how a slightly worse rate can cost $100 more per month on the same house—money that could have compounded in investments. For single mothers and new investors, Jermeshia suggests starting small, partnering with trusted people, considering REITs or co-investing, and remembering you can live where you want but invest where the numbers work. She adds that, in today’s market, some buyers can secure low or no down payments with negotiated closing costs, even if the first home isn’t the dream—because compounding and equity create options later. Finally, she highlights the wealth-building power of long-term partnership in marriage, viewing spouses as legacy-building partners. The episode closes with a shared message: start now, talk openly, use credit wisely, live lean for a season if needed, collaborate with family or trusted friends, and build together to narrow the wealth gap and create lasting legacy.

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