It’s Financial Literacy Month! We always have money on our minds and in this episode, Jully-Alma Taveras sits down with us for yet another money talk. This time we chat about how to have the money talk with your partner. From shared accounts, personal savings or even tackling debt together, Jully gives us advice on how to have these conversations with loved ones and what’s best for certain situations. We also talk about how Latinxs are finally creating spaces for themselves in the financial marketplace and it’s about 👏🏽 damn 👏🏽 time 👏🏽. Get your wallets ready because this episode is going to help your money grow!
More about Jully: Jully-Alma Taveras is the founder of Investing Latina, a Plutus Award-winning bilingual personal finance expert, and the brand ambassador for anda Bank Account. This FDIC-insured bank account bridges the old with the new in digital banking. She tells money stories from the lens of a Dominican Republic-born immigrant living in New York that went from being a shopaholic to a smart spender and diligent investor. Her money philosophies have inspired thousands of women to live minimally and spend intentionally so that they can invest and build greater wealth.
Jully is a sought-after Fortune 20 speaker and facilitator who has led workshops at Nasdaq, Google, Verizon, and The White House Economic Council (2021). She has taught over 8,000 people how to invest through her Investing Workshop program. Although she has a social following of 43k+ on Instagram and collective social impressions of over 23 million, she is highly approachable as an educator. She is the eldest of three in her own family, so her audience sees her as the older sister who will force you to do better while also being your cheerleader.
Our Conversation with Jully
Who is Jully-Alma Taveras?
Investing Latina
Anda Bank Account
Talking finances with your partner
How many accounts do you have?
Shared Checking account
Personal checking account
Basic Savings account
Personal High Yield Savings account - to get the most amount of money (keep a few months’ worth of savings here. This is your emergency fund.)
Retirement / brokerage account
Crypto account (personal and joint)
What is an NFT?
What is a cold wallet? A warm wallet?
How to have a healthy savings account
Having “the money talk” with your partner
Handling debt
Jully’s top tips for building a healthy financial foundation
(This is non money specific advice.)
Build confidence in yourself. You have to feel like you can do this and know that you might mess up but you can make it happen.
Figure out what is most important to you and factor it into your budget. Know that this may change later on in life!
Take action. Just do it! Don’t be afraid and don’t ignore it. Money is a tool - use it wisely.
