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  1. Episodes /
  2. Episode 2

The Smartest Thing I Ever Did With My Money

Wednesday, August 19, 2026

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This episode is sponsored by the Black Business School. Get 35% off their Prime Course and take control of your financial future. https://b1stockoptions.com/watsons

What does money mean to you—and what have you sacrificed to get it?

In this episode of From Behind This Chair, Doc sits down with Sam and Tim for a brutally honest conversation about money, success, family, and the ways our relationship with wealth can shape our lives.

They talk about growing up without much money, seeing wealth up close, and learning early that money can provide freedom—but it can also bring out the worst in people.

Sam opens up about buying a Mercedes he didn't really need and how that decision set him back for years. Tim talks about the pressure he felt to become financially stable not just for himself, but for his entire family—and how putting everyone else's needs before his own came at a cost.

Doc gets even more personal, sharing how having money changed the way people treated him, how he started paying for friends and using money to bring people into his life, and the painful realization that some people weren't there for him—they were there for what he could provide.

The conversation dives into something many people struggle to admit: sometimes we teach people how to treat us.

They discuss free haircuts, always picking up the bill, feeling responsible for everyone else's needs, and the importance of learning to "fill your own cup" before constantly pouring into everyone else.

They also explore how parents unintentionally teach children their relationship with money, why social media makes wealth look like success, and why the people with real wealth often aren't the ones trying hardest to look rich.

Most importantly, they challenge the idea that money equals success.

Money is a tool. What you do with it—and what you allow it to do to you—can determine whether it creates freedom or becomes another form of bondage.

This is an honest conversation about money, self-worth, family, generosity, financial boundaries, and learning how to build something that lasts.

What did money teach you that you wish you had learned earlier?

Tell us in the comments.

Chapters

  1. 00:00Intro — What Does Money Mean to You?
  2. 02:30Growing Up Without Money
  3. 05:30Seeing the Good and Bad Side of Wealth
  4. 08:00The Purchase That Set Sam Back for Years
  5. 10:30Why Tim Never Spent Money on Himself
  6. 13:00Growing Up Poor & The Desire to Have Nice Things
  7. 16:00When Money Changed the Way People Treated You
  8. 19:00Are Your Friends There for You—or Your Money?
  9. 22:00Learning to Set Financial Boundaries
  10. 25:00"I Couldn't Afford Them" — Buying Friendship
  11. 28:00Learning to Fill Your Own Cup
  12. 31:00Teaching Your Children About Money
  13. 34:00Social Media, Wealth & Selling Out
  14. 37:00Why Real Wealth Doesn't Always Look Rich
  15. 40:00What Being Broke Can Teach You
  16. 43:00Money Is a Tool, Not Success
  17. 46:00The $100 Bill Story
  18. 49:00"We Marry Money"
  19. 52:00Spending Money to Prove You're Somebody
  20. 55:00The Cost of Too Many Cars
  21. 58:00Final Lessons on Money & Wealth

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