Episode 7: Smart Money Moves, Para Todos!

05/10/20 • 38 min

We are back with another incredible mujer, to talk all things Dinero and how to navigate personal finances. In this episode you will hear us share our stories and hopefully learn from our own mistakes and lessons learned during and after college. We are joined by the incredible and badass mujer, Rita-Soledad Fernandez Paulino aka Soledad, from the LA Barrio of Echo Park, she not only shares the guest chair but is also our co-host as we talk all things Monay Honay. With a background in teaching, she like us, believes in the power of educating & empowering young Latinas to make better financial choices and ensure they are set up for a successful future.

Soledad describes herself as a sleep deprived Mexican-American incredible millennial mother of two committed to creating generational wealth while smashing the patriarchy. She is currently the Chief Financial Officer for a small start-up aka her family of 4 (don't you just love that?) and is committed to making sure everyone has the confianza to talk all things dinero by openly discussing all of her financial mistakes and goals on IG. When she learns something finance related, she wants you to learn too. Join her on Instagram so you can build wealth juntos. You can follow her on IG @wealthparatodos or Twitter @wealthparatodos!

Soledad’s Graduation Money Moves Checklist:

1. Dream big visualize your life and then plan how to get there

2. Know your numbers, as soon as you graduate, know your debt, student loan debt, the providers, interest, and when its due

3. Know your income and know your employers benefits

4. Health Insurance, FSA, HAS

5. Retirement Accounts

a. Money you can save to spend on the things you want

6. Create a budget, track your budget and important to build your values, and understand where your money

7. Pay yourself first, set you budget put a line, whether that is contributing to your retirement and the contribute to a Roth IRA – allow compound interst to work for you

8. Start to tackle your debt, and don’t accumulate more debt

9. Care for your credit (Credit Karma, Annual Credit Report)

Soledad’s Graduation Money Moves Checklist:

1. Dream big visualize your life and then plan how to get there

2. Know your numbers, as soon as you graduate, know your debt, student loan debt, the providers, interest, and when its due

3. Know your income and know your employers benefits

4. Health Insurance, FSA, HAS

5. Retirement Accounts

a. Money you can save to spend on the things you want

6. Create a budget, track your budget and important to build your values, and understand where your money

7. Pay yourself first, set you budget put a line, whether that is contributing to your retirement and the contribute to a Roth IRA – allow compound interst to work for you

8. Start to tackle your debt, and don’t accumulate more debt

9. Care for your credit (Credit Karma, Annual Credit Report)

Previous Episode

Episode 6: Let's Get WOKE Amigas!

Wow, amigas this episode is jam packed with some amazing tips about empowering our community about understanding our culture capital, and about changing the way we see our value and our hustle. You can't learn the hustles and resilience of our neighborhoods and in our stories from books and therefore we should not be afraid to share them. In this episode our incredible amiga, Stephanie Castellanos, provides incredible insights on how to navigate this space, job market, your community work, volunteer experience, landing your dream job and moving towards your purpose. She is an organizer, national recruiter, community-builder, and an Equity & Inclusion Strategist. Her commitment to racial equity stems from her experiences navigating higher education and professional spaces as the first in her family to graduate from high school & college (go Bruins!), as a daughter of Mexican immigrants, and as a product of Inglewood, California. Whether she leading one of her WOKESHOP trainings to students and families of color, mobilizing to increase the representation of Latinas in office, or recruiting and selecting top talent to transform the child welfare system, Stephanie’s lifework continues to be centered in creating room, access and opportunities for historically exploited people -- one table at a time. You can check her out at www.stephaniecastellanos.com or follow her on all social media platforms below. Social Handles: IG: @stephaniecastellanos_ @purposehustle_ FB: facebook.com/stephaniecastellanos13 TW: @purposehustle_

Next Episode

BONUS Episode: Lessons from our Mama's

It's our Mother's Day BONUS episode which happened to fall on the same day as Mexico/Latin America Mother's Day May 10, 2020. We decided to dedicate this episode to our queens and matriarchs of our family our mama's. You will get to learn a little more about them and hear the advice they would have given to their younger selves along with the advice they would give to us along with current and future grandkids all around motherhood. To the women that created us, raised us, educated us, mothered us, and continue to unconditionally love us......... te queremos mucho. This is for you!