Episode 7: Smart Money Moves, Para Todos!

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)

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