On episode 192 of the BSP, I analyze the recent announcement that YouTube will start monetizing “limited ad” videos with more edgy advertisements, some updates and clarification surrounding the COPPA ruling and implementation on YouTube, lots of feedback from you surrounding COPPA, and I share some tips to be financially successful (but you should also get advice from an actual financial advisor).

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Gear Used This Episode (Affiliate Links):
Neumann U87 Ai: http://bit.ly/2Ndtome
Universal Audio LA610 MKII: http://bit.ly/2MBhwLA
Universal Audio x8: http://bit.ly/35skacW
OC White ProBoom Ultima https://www.ocwhite.com/broadcast-arms/proboom-ultima/proboom-ultima-lp-mic-booms.html
Sony MDR7506: https://geni.us/7506

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00:00 - Intro
01:05 - Earning More Money from “Demonetized” Videos

Susan’s Letter: https://www.youtube.com/watch?v=GSOyIdxNjF4
Blog Post: https://youtube-creators.googleblog.com/2019/11/my-final-letter-in-2019.html
Monetization on Yellow Icon: https://www.youtube.com/watch?v=bsHoSp85d8c

05:43 - The FTC Clarifies COPPA Implementation on YouTube
06:34 - Why is the New COPPA System Being Implemented on YouTube?
08:36 - A COPPA Recap
11:15 - How COPPA Applies to Channel Owners
12:13 - How to Determine if Your Video is Directed to Children
14:19 - What are the Penalties for Violating COPPA?

FTC Blog: https://www.ftc.gov/news-events/blogs/business-blog/2019/11/youtube-channel-owners-your-content-directed-children

16:13 - WYHTS: Don’t Panic over COPPA
17:37 - WYHTS: Should we Abandon YouTube Because of COPPA?
20:12 - WYHTS: Should I Swear in my Videos to Avoid COPPA?
21:02 - WYHTS: Does the Inclusion of a Child Actor Automatically Violate COPPA?
23:48 - WYHTS: COPPA is NOT a Big Deal!!!!
26:48 - WYHTS: There are No Lawyers to Help with COPPA?
28:39 - WYHTS: The Origins of Warms the Cockles of my Heart
29:52 - Ask Bandrew
30:33 - Voice Submission
31:41 - Thoughts on Twin Peaks?
33:36 - 5 Rules to Financial Success
34:12 - Don’t Buy What You Can’t Afford
35:45 - Don’t Fall Trap to 0% Financing Offers
38:02 - Use a Credit Card … Smartly
39:15 - Have a Safety Net Savings Account
40:50 - Don’t Go Out to Drink / Dinner
42:25 - Take Advantage of Employer Stock Options / 401K Matching
44:29 - Diversivy Your Investments (Avoid Day Trading)
45:45 - Summary of Advice for Financial Success
48:10 - Outro