Three Questions With Angela Yee of ‘The Breakfast Club’ on Having Multiple Income Streams – The Wall Street Journal

‘I used to be really scared to spend money and scared to invest,’ Ms. Yee says.

Photo: Matt Brown

Angela Yee is a co-host of “The Breakfast Club” on iHeartRadio. She’s the only female host on the nationally syndicated radio show and is known for her knowledge of celebrity gossip, quick wit and newsmaking interviews.

In addition to her career as a radio host, Angela owns juice bars, invests in real estate and is a financial literacy advocate. She explains how she gets her voice heard and what motivates her to work multiple jobs.

She recently spoke with The Wall Street Journal’s Secrets of Wealthy Women podcast. Here are a few edited excerpts:

Even on your own show, you sometimes get talked over. How do you make sure your voice is heard?

It’s not easy. Sometimes I have to talk over them just to be heard. And it’s interesting to me, because I think depending on who you ask, some people might say “Oh, you cut them off. And I’m like, no, I’ve been cut off 10 times.”

Sometimes when you’re really passionate about something, you’re just going to have to raise your voice and go in even harder. Then sometimes you have to fall back. It’s a balance.

What motivates you to keep so busy and have multiple side projects?

I’ve never had money growing up. Now, I have money in businesses and investments and they’re all in things that I care about.

I have a couple of properties in Detroit. I have two properties in Brooklyn and I’m in the process of buying a third one that I’m really excited about.

I want to have passive income. I want to live comfortably. I’ve worked my entire life, except for the couple of months when I was unemployed.

I want to make sure that I’m responsible with my money and that I plan carefully for the future because I don’t want to have to do anything I don’t want to do later.

What financial advice do you wish you had received when you were younger?

Buy a house.

I remember there was a time when I just had $30,000 back then and $30,000 when I was younger would’ve easily bought a house in Bed-Stuy. I never thought about it though. I just had a renter’s mentality.  Now I have an ownership mentality and I’m not scared.

I used to be really scared to spend money and scared to invest. Now, I understand that you have to take risks in order to have any type of reward.

How to Listen and Get New Episodes

Secrets of Wealthy Women is available on a number of popular audio apps including iTunes, Google Play, iHeartRadio and Spotify. If you prefer to listen directly from WSJ.com, visit the Secrets of Wealthy Women podcast page to play from your web browser.

Write to Veronica Dagher at veronica.dagher@wsj.com

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