Jay-Z Refuses to Give Family Members Money | "Money Isn't Free" 

Im nowhere near as rich as Jay. But i got a lil paper. Im living good and got some money coming in. I have to tell family and friends "no" all the time. My older cousin asked to borrow $10,000 for this property to invest in. I asked him "when is the last time you had 10k in your hands". He told me "man that aint shit, i had 10k a few months ago" an then I asked him "what did you do with it" maaaaaaan that boy all of sudden had a stuttering problem. They cant do right with their own money, fuck you think they will do with your money? Going to trick it off and try to use blood as a way out of paying. Im good. I was born at night, not last night

If I was a family member of Jay Z I would just ask if I could work for him in any capacity

Black people always rapping about making it getting rich and taking care of they’re families but as soon as it happens they say it doesn’t work that way 😂😂😂😂

People are really entitled these days. Im not giving nobody shit for nothing. I don’t care how much money I got. You come to me during normal business hours , instead of in my grandma living room,with a plan and contract in place about how imma get my money back then we can talk. aint shit free but air.

The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that don't depend on the government. Especially with the current economic crisis around the world. This is still a good time to invest in gold, silver, and digital currencies (BTC, ETH...)

He never said he doesn't ...he just said he doesn't inflate false dreams and quick money scams because someone in the family has money😂

They were roasting Hov for not helping a hypothetical cousin. Social media is filled with morons.

This comment section is a perfect example of the crabs in the barrel mentality. The Black community suffers REAL BAD with this one smh.

I can’t believe people continue to actually miss what he said. Context was clear.

The point JayZ is trying to make is imagine if he had to give money to everyone who asked him for it. It don’t work like that, whether it’s 4K or 400. People look at him like a walking ATM when he’s there to spend time with his family

This isn’t just in celebrity rich ppl life. This shit goes on in middle class life as well. Family just always feels so entitled. Once ppl in your family know u got more money than them on a usual consistent basis, you’re always going to be considered as the ace in their pocket whenever they need money. They expect u to be a bank whenever they need financial assistance.

IF JAY-Z IS MY COUSIN, IM ASKING HIM FOR A JOB AND ADVICE…THAT WAY I CAN MAKE “4,500” DAILY 🤷🏾‍♂️

I’m surprised that’s all he ask for was 4,500 lol. He ain’t ask for 20k

Getting business advice from these dudes is like watching a live circus. 😂

Only Jay Z really knows his family well enough to know if it's worth him investing in any of them. Maybe the cousin has a drug habit or alcoholic and it's difficult to trust the guy will not use that money for drugs etc. If I had that wealth and a genuine family member or friend who had a good business idea and it was a dream of theirs, I'd certainly help. But you have people who don't want to help themselves regardless.

I feel this 💯 family ask for money so much everytime they talk to you it’ll make you not even want to be around those family members anymore this happens to the rich and everyday people as well

Creating a family fund with boundaries is a good idea. I would hire someone certified to manage and provide quarterly reports. Need to know if the requests are abused or stewarded.

Because his cousin is going to take that $4,500 and go buy a chain and some Jordans

If yall don’t get the new pod up 😂😂😂

The fact is that if you give someone money; especially someone who’s not used to money, they’re not going to invest it; they’re not going to utilize it properly; they’re going to spend it flippantly, and eventually - without fail - they will come back and ask you for more. Come with a business plan, a PROPER business play, come with your own capital already, come with the seeds of success already sewn and THEN say “hey man, I’m RIGHT HERE, I just need a push”. Then sure, we can talk business. But just lending you business on the strength of family? That ain’t it, fam. Why should a man give a way a million dollars to someone just because he’s a billionaire? That’s insane. Come with a plan. Show that you have your shit together.

Respectfully - Jay Z’s critics were deliberately missing the point and I think y’all speaking on it are deliberately missing the point of the pushback Disingenuousness to go around IMO

Jay say he want peace of mind when he’s with family but his family broke they don’t have peace of mind cause they struggling, they ain’t tryna chill and watch a movie with you they want you to help them with a money move so they can be up with you! Not hard to understand and it’s sad Hov still ain’t get to that point of understanding.

It may just be me but I really think the point is, you CANNOT flip $4800 into $2B dollars because if this "hypothetical" cousin had the skillset to do so, he would not be asking AND money literally does not work like that.

He can give the white man millions of dollars for a watch or a painting. But can’t throw his cousin a couple bands to get on his feet. I’d feel a way too. I guess this answers the question “$500,000 or dinner with Jay-Z” take the money. Jay-Z only does good deeds for publicity and he only helps people who are already rich and he definitely doesn’t want to see anyone do better than himself

If you confident enough to turn 4800 to 2 mil Then you should be confident enough to scrape up 4800 however you can 🤷🏽‍♂️

I just gave my homie $50 bc he needed it. I have $60k in the bank. So I gave him .08% of what I had. If Jay Z had $100m and he gave $4500 that would be .004%. Money doesn’t “work” by itself. People have money and make it work how they want. If I had $100M every single family member and most close friends will never have to work again.

These women were really on it during this episode. They are highly intelligent and thoughtful individuals. As for the topic, I could pass someone a few dollars. Even if I explained to them that that moment was not the time to discuss matters. I would break my cousins (that I mess with like that) off with some bread. It's what I've always done.

Just because a person has billions, doesn't mean they owe anyone anything.

Most millionaires/billionaires today was given a handout from their families at some point! These lot are just greedy

Remember when people said they’d choose dinner with Jay Z over $500,000?..

And if I'm your bank I'm going to treat you like the bank treats people. You want a loan, fill out this application. It's a lot of people that don't even know how banks work from a RETAIL standpoint lol

Wait…. It’s Thursday. No JBP???

Just when all the attention is back on Joe, he puts this weeks episode exclusive to Patreon....Podding ain't free neither I suppose

I have mixed feelings. One on hand I don't think people should be entitled. But on the other hand, I think if you become a billionaire, it's reasonable to look out for family. I'd be giving them money as a gift. It obviously wouldn't be a regular thing, but I'd look out where I can. I'm not even a 100,000 aire but I still give family money. Send my moms money every month

Regardless of how much you have, you cant just give money away to anyone. If I have 100million, there are individuals in my family who I won’t give 20 bucks too because I know they will go and buy a cheap bottle. And I’m the bad guy lmaoo😂

People always wanna praise Jay z but he’s just not a good person, imagine having all that money & not helping your family

You ain’t got family if they make it but y’all family when you both broke

Fam if I am worth 2.5 BILLION!! (Let's not front his liquid is DEEP!) And a family member had a well thought-out business plan to jumpstart and I mean they did the research and etc then yes I will help them and even guide them in that process to help them succeed when I can and if not I will also put them onto my own financial advisor too! And shoot creating a family fund is also a good idea, but at the end of the day the older folk in my family will be well taken care of. The young folk just need guidance to learn to work and push for greatness. Also let's be real we all do know you can give a max of 15k to family members per year as a gift and can write it off your taxes..... *shrugs* lol

Aye Joe stop playing with us man 😂 Drop the episode!!

That was a hypothetical statement and he was saying that Kev runs into the same situation

why even expose family stuff like that?

People purposely miss the overall point of what he said to just HATE on Jay.. Hating on Jay is a new trend. Is the world we live in 🤦🏽‍♂️

He prolly gave them money before, but they splurged it

"Joe refuses to give us the latest pod" | "Podding isn't free."

You shouldn't want an investment from someone who doesn't believe in my plan.....AND.... the same power that live in Jay Z...Kevin Hart...etc, lives in the person that "needs" help with their dreams

What If that investment worked though.....

Black people selfish we got clowns making dumb excuses to not help they’re own family

Idk how you can feel comfortable around people who are struggling tho…if you well off and have jayz type money how can you be comfortable on someone couch around family knowing they are in the struggle

Just because that said person is Jay Z family member, doesn’t mean they’re entitled to his money. He had to work for everything he has so it’s really his decision if he wants to give it out. Also it depends on the family member as well. They obviously know he’s rich and will take advantage of that. So if he gave the cousin the money then cool and if not that’s cool to because it’s HIS MONEY he doesn’t owe anybody anything.

Its a slippery slope. Because they a trick 100k on a chick on bags, cars, trips, jewelry and buy themselves million dollar cars and houses but won't give your fam a quarter of that... but its your money and can spend it however you want slippery slope but if you can spend it on a random broad that wont miss you when you gone you can help the fam. But i understand the concept of "i need love not you asking for stuff"

Don’t he got a daughter he don’t take care of or does anything for???? Ohh it’s jay z a famous person so we go changed the narrative.. stop being fans tell these people truth about themselves

Most Black people are extremely stingy once they make it but were the main ones begging before they made it.......

Yoo my G where the pod at? Streets need that 3AM in Edgewater

You have define "family". If it's siblings who have fed and sheltered you and supported you, they can get all of that returned. If it's your second cousin who you saw once a year....

The best thing fhey said was, if youre not educated anout money, someone giving you some or winning the lotto will not answer your money peoblems. You wont know how to maintain it or make more

2.5 billion dollars comes home to get peace and solace from broke family members lol thats fucked up fr

Hov didn't waste time blowing money on ... Champagne Jewellery Private jets But helping family is a problem

There's no such thing as money problems. There are only behavior problems.....and money doesn't change behavior problems.

How do ya’ll know this wasn’t a hypothetical situation? Much ado about nothing…

Honestly speaking, no amount you give will ever be enough, they'll always be someone with their hand out. We all know what money can get us, we all know why we want it...your family coming at you for having it in large amounts is the trade-off for you having said large amount in the first place...

The overall point was truly missed 🤦🏾‍♂️

Easiest way to get broke really fast is dashing money out to family member on business that makes no sense ... i am not rich and my family members be pocket watching ... and if offer them a Job the act like beneath them ...

I’m sorry but it’s one thing to have money but a billionaire can’t give family $4500, that’s a quarter to him. Furthermore if you don’t want to talk about that then put your family in a position to win and learn how money work.. The “false entitlement” and excuses is mainly in the black community. Most other cultures are going to make a way for family…. No way I could show up at grandmas house as a billionaire and my family struggling. Now if they don’t want no opportunities then it’s a easy No….

Competent family members should be the first to be invested in. At the same time I’m not investing just because you are family

Its crazy how 90% of people missed the entire point. He was giving an example of how you cant get peace, even at home.. and $4500 wasnt even a real number, he just threw a figure out there to make a point.... and some states want to take away state required test to graduate high school??? We need to make the test harder!

How long ago did Hov say this? & it’s just now becoming an “issue”?

I think that's arrogance and ego, he has enough to go around. You cant take it with you when you die.

If you gotta play you wanna run with, where's the business plan, show me the numbers. Because If you went to the bank they would want the same thing. Just because we're family you think I'm just gonna fork it over to you. Lmao 🤣🤣🤣 think twice 😂😂😂

Naw not giving your cousin 4800 is crazy lol 😂

I don't wanna talk about Jay unless he coming with some heat. He ain't active.

Joe hire someone young pls 😂😭. I had to turn my notifications off because of these recaps. Pick like 2 moments and recap that not the whole damn episode 🤣. Not everything needs to be a separate moment. Just my opinion

Tbh them families that actually was there for you get lazy and the ones that weren’t around asking for a hand out.

I know personally how things go when ur financially stable (regular ppl financially stable) & u GIVE family money for all their “IDEAS” & I also know what it’s like when that money runs out & those ideas DONT work.

Ish oprah n da roc is different.....that money never tricles down to the actual people.

Joe it’s been a min love the insightful coverage entertaining AF 😎

Jay-z knew his cousin was on some bullshit.

I understand both sides . If you have a wealthy family member and you don’t get to see then except once every few years around the holidays and you’re broke , of course you gonna pitch ideas . Unless you wanna remain broke . But someone who’s that successful , when they come around family , they just wanna kick it for a few and see you next time 🤷🏾‍♂️

These fake comments are hilarious! 😂

I agree with Jay 💯if one of my family members was a billionaire, I would never ever ask them for money. I have too much pride and they don’t owe me shyt.

People are very generous with other people’s money.

Somebody please tell me u was waitn to c at least ONE person call them out for all the pandering to Hov and all those who feel they got more than the person sitting next to them! Sheesh. Of course we kno all of the “broke family member” nuances and the examples mentioned. However, B4 anyone got a lil paper, EVERYONE woulda had sumn to say about the Scrooge move Hov tried to get away w/. Cmon now. That IG, Facebook, OnlyFans, RU-vid, Patreon, money really got y’all forgetting wat family really is/was.

Liberals and conservatives are never as far away from each other on the political spectrum as they think they are.

My cousin lent me 4,8000 but that’s cuz I had a business plan. A crazy good one too.

Joe foul not giving us the pod today. On a Wednesday that’s when we need it, on hump day. Pause

People won't ever respect UNEARNED money. So many stories of people hitting the lottery and crashing out. You got to get it yourself. 💯

Seen what happened to mc hammer when to try to take care of everyone. Never understood street Hustler's selling dimes and 20s for years. No plan just enough to pay a bill or some J's. No goal, no plan, no growth no future.

I’m not Rich and I still gave my family money smh

The other point is, if you give it to one, it causes a domino effect and now everyone wants.

damn, never knew so many people are so worried about what another man do with his money

What’s the point of having 2.5 billion if your family still have to ask u for money?? When is regular people go to Africa or the Caribbean we give money to family or should this stop too??

If I’m HOV RICH Nobody in my family ever has to even ask

People are entitled AF! Why would I guilt trip a family member for not loaning me HIS/HER money?

Na it’s a certain code as well if I’m the one in a black family , I got here for a reason . I can give a cousin a dime out of 50,000$ without calling him a beggar

I totally understand how it feels to want to come home and just chill with family but can’t cause someone gotta ask for money or SOMETHIN! My whole military career I could never come home and visit family without someone beggin. I get it 🤦🏽‍♀️

Listen, my family gave me this same energy when I started my business. Before I even turned a profit. Giving to your family because of entitlement is not the solution. Setting them up to succeed may be more realistic. Maybe send them a credit repair and financial literacy coach.

I dont even have to read the comments to know people are sucking Jay'z Dee and saying he's right becausae blah blah blah. Dudes a Double BILLIONAIRE from one of the hardest places to live in the US. He made it because he is unique, not everyone has the same skill set or luck and you should help your family members out. You cant take it with you when you are gone.

Jay didnt do all those sacrifices and took all those oaths to give out blood money free so why are we surprised lol

That's because they don't understand money..... Liquid money or tangible verse intangible money..... Also you're not going to give away all your earnings.. All that example about Jay z said this and that was just an example he used..... He did not give a exact depiction of a situation. All the people need to calm down seriously

"Best thing you can do for a broke person is not be 1 of em" - Steve Harvey Some people lack the ability to perform. Expecting others to compensate for your lack of ability to work hard is insanity. If you think about it self reliance made Jay-Z that money and self reliance will make you your money. As an individual with dreams and aspirations you have to dig deep for those dreams to come true not call Jay-Z. Its the same speech you give your kids when they want another pair of jordans after you bought them the last saturday release. So this saturday lil man like "can i get this saturday release mom?" and what you say "go cut some grass, shovel some snow, or whatever." Same shii you just telling it to a grown ass man. With no pride 😂

I have family that always ask for money, they just have to ask all the time. I also have family members who no matter how bad they are doing they never ask for money. Even when i offer or even sneak money to them, they will not accept it if they know its from me.