What To Do With Your First Six Figures (Before You Blow It) | Episode 250

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In this episode of the Melanin Money Show, wealth manager George Acheampong and financial strategist Carter Cofield go head to head in a versus format, answering your most pressing money questions live. They break down the exact financial moves you should make once you hit six figures, why having $275,000 sitting in a bank account is actually a risky move, and the real difference between an S Corp and a C Corp for business owners doing a million dollars in revenue.

They also tackle RSUs and what to do before they vest, whether a revocable trust actually protects your business, and the W2 versus 1099 debate that every high earner needs to understand before making the switch.