Episode 307: The Money Talk: Investments, Debt and Sharing Finances with Jully-Alma Taveras of Investing Latina

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

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How many accounts do you have?

1. Shared Checking account

2. Personal checking account

3. Basic Savings account

4. 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.)

5. Retirement / brokerage account

6. Crypto account (personal and joint)

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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

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Jully’s top tips for building a healthy financial foundation

(This is non money specific advice.)

1. 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.

2. Figure out what is most important to you and factor it into your budget. Know that this may change later on in life!

3. Take action. Just do it! Don’t be afraid and don’t ignore it. Money is a tool - use it wisely.
   

Episode 283: How to Help Close the Financial Gap For Latinos with Beatriz Acevedo, CEO & Co-Founder of SUMA Wealth

Is it more money, more problems or less money, more problems? This week we interview another podcast alumni, Beatriz Acevedo. Her latest startup SUMA Wealth was founded with the vision of closing the Latinx wealth gap by providing financial education via in-culture content, fintech tools, and digital experiences, all in a highly engaging wealth-building digital platform. We discuss the top tips for saving right now, financial resources provided by the startup and so much more. 

BTW … You can check out our previous episode with Beatriz by clicking here. We cover how she got her start in media, her multicultural family and our favorite topic: #MOMGUILT.

More about Beatriz: Beatriz Acevedo is one of the leading inspirational voices and Latina entrepreneurs in the United States. She has dedicated her career to empowering and opening doors for the next generation of Latino leaders.

Beatriz started her career in media at a young age, first on radio and later on television. Her work earned her three Emmys, one MTV Music Award, and a Media Correspondent Award, among others. She later became a tech media entrepreneur as the Co-Founder and President of mitú, the leading digital media brand for young Latinos in the U.S. Under her leadership, she went on to raise $50M in funding, led by some of the most successful venture capital groups in California. The mentorship initiatives that she created through her Accelerator Program, have also provided invaluable access to the next generation of multicultural storytellers, with an emphasis on female leadership. Beatriz's expertise has been to create content at the intersection of media, technology, and social impact.

Beatriz is a passionate and sought after speaker who enjoys discussions around diversity as good business, female leadership, and the economic impact of Latinos in America. Additionally, she sits on numerous boards and advisory committees.

Beatriz recently co-founded and co-chairs LA Collab, a Hollywood initiative aimed at doubling Latino representation in Hollywood, both in front and behind the camera by 2030. Her latest startup SUMA Wealth was founded with the vision of closing the Latinx wealth gap by providing financial education via in-culture content, fintech tools, and digital experiences, all in a highly engaging wealth-building digital platform.

Beatriz resides in Santa Monica, CA with her husband, an entertainment veteran and mitú co-founder Doug Greiff. Both are proud parents to bicultural and bilingual teenage twins, Isabela and Diego.

Top Financial Tips from Beatriz

1. You have to have an emergency savings / fund - whatever works for you and whatever you feel comfortable with.

2. Budget - watch your money come in & out. You really need to know what you have and what you can spend. There’s a budgeting app coming to the SUMA Wealth toolkit, but in the mean time Beatriz recommends checking out free apps like Mint which also work really well! You can also check out these budgeting articles on SUMA Wealth’s website:

   • Basic Tracking Budget

   • Things They Didn’t Teach You on Plaza Sesamo: How to Budget

3. Use community resources, like SUMA’s Dinero Toolkit with tools to help you decide if you should buy or rent a home, grow your savings and improve your credit.

LINKS

Follow Beatriz on Instagram: @beatrizacevedogreiff

Follow @wearesuma and @somossuma on Instagram and check out all the financial resources they offer on SumaWealth.com.

Episode 275: Keeping It Real with the Super Mamas: Post-Vaccine Travel, Birthdays & the Bulgaro Lady

Are you ready for a sister update? Because we’re ready to spill the tea! Bricia tells us about her first trip post-covid vaccine and while she had a little bit of anxiety getting to her destination, she is really thankful she was able to getaway. Paulina is talking about her new healthy habits and becoming the búlgaro lady. We also talk about Eddie’s second birthday party ever, Bricia’s extra decorations and as always, we’re sharing our picks and tips for the week. #AddToCart 

P.S. Shoutout to our favorite Evelyn from Harlow Planning, balloons from Lotus Party Co. and installation from Preferred Projects for creating this incredible set up for Eduardo’s 6th birthday! Nothing wrong with a little extraness. 😉Check out his backyard party set up in the gallery above and reach out to these amazing vendors for your next party!

Paulina’s Breakfast Smoothie

Spinach

Broccoli

Blueberry

Blackberry

Almond butter

Ginger

Tumeric

Bulgaro milk

Pick or Tip of the Week

Last week, Fernando asked Paulina if she wanted to go to the movies. Some movie theaters are allowing you you rent out the whole room for yourself up to twenty people - your family or whoever is in your bubble. They went to the AMC in Monterey Park and everyone loved it! This is going to spoil the kids because they were able to walk around throughout the movie and yell at each other. It’s a good sign that everything is slowly getting back to a new normal. Check out local theaters in your area to see if they offer this cool opportunity!

Bricia’s pick is a kids’ finance app called Greenlight. It’s a savings + spending app that she found when she was trying to figure out how to pay Eddie from his business since he has to pay for his new iPad (if you missed the story about that, listen to the intro of THIS episode and check out his tie dye shop). Greenlight is a prepaid debit card made just for kids. You can transfer money, send allowances when they complete chores, see their expenses and how much money they have. Eddie used his debit card to pay for his new iPad and his independence even shocked the guy at the Apple store! You have to listen to the episode to hear about the rest of his first big purchase.

Links

Arca restaurant in Tulum - Bricia and her husband, Eduardo, went here during their post-vaccine travels and they loved it! The food was so creative and well executed, blown away by the menu and flavors.

Paulina the búlgaro lady has been referencing this article and this one to learn more about kefir.

Ayara Thai in Westchester, CA

Episode 269: Market Investing Fundamentals with Ramona Ortega of My Money, My Future

Money money money money ! 🤑🤑🤑One of our friends and favorite financial gurus, Ramona Ortega of My Money My Future, is back on the show this week for more money talk. A few weeks ago there was a ton of drama in the stock market involving Game Stop, Dogecoin and more, and we realized that some people probably had no idea what was happening. We reached out to Ramona to get to the bottom of it as well as learn more about the basics of investing, financial strategizing, financial freedom funds and so much more. We understand that new terms and money can be confusing for many of us, but that’s exactly why we interviewed Ramona about this info. If you’re just starting to explore the money market, this is the episode to tune in to! 

Join Ramona’s Don't Just Thrive. Survive. Investment Bootcamp! You’ll learn more about the fundamentals of finance and risk factors, how to choose & buy high performing stocks and so much more. Plus it’s a self-paced course with a live Q&A every two weeks, so you can join at any time!

More about Ramona Ortega: Ramona Ortega is the CEO & Founder of My Money My Future. MMMF is personal finance app helping Black and Latinx millennials save, invest, and build wealth with automated financial guidance and personalized product recommendations. Ramona was recently named one of the most Notable Women in Personal Finance by Crain's Business. Ramona has been an Entrepreneur in Residence with Azlo and is a sought after thought leader in fintech and financial inclusion. She is on the board of Village Capital, Camino Financial and Los Angeles Community Health Council. Prior to founding MMMF, Ramona was a Wall Street attorney and worked on complex securities litigation and corporate matters in private practice and at the SEC and U.S. Bankruptcy Court. Ramona is a contributor to TechCrunch and is working on a book called No Shame in the Money Game: A Broke Girls' Guide to Building Wealth.

Our Conversation with Ramona

The Language of Finance

Ramona’s Investment Bootcamp

How to Strategize Different Accounts

Investment Tips for Beginners

Why Financial Literacy is Important, especially for Latinos

Short term vs. Long term Investing

What is stock split?

Investing for your Children

How to choose a good stock

Mutual Fund vs. ETF

What is Crypto?

The Game Stop Drama

Links

Follow Ramona on Instagram @MyMoneyMyFuture, Facebook.com/mymoneymyfuture, Twitter @MMoneyMFuture and check out her site MyMoneyMyFuture.co for more financial tips.

You can also follow Ramona’s personal Twitter @dinero_diva for more inside tips.

Episode 234: Maximizing Our Finances in the Times of Covid-19 with Ramona Ortega from @MyMoneyMyFuture

Hey Super Mamas! It’s Week #5 of our Quarantine episode series. With everything happening around us, taking care of our finances has become imperative during this time, but how and where do we start?! Luckily we have our friend & finance expert Ramona Ortega from @mymoneymyfuture on the show this week to talk about easy steps on how to maximize our resources. We also talk about the opportunities available to grow both financial and intellectually so we can start getting ready for the future! Make sure you have a pen and paper ready, you’ll want to take notes!

Before the episode, Bricia gives an update on her pregnancy, but she is also becoming the ultimate plant mom! She’s obsessed with replanting, propagating her plants and learning about the best ways to care for them. Paulina is also talking about her new obsession of washing her hair with limón. You’ll have to listen to the episode for her explanation, but you can also check out this article for how to make your own lemon juice hair rinse. (Disclaimer: You should always consult your doctor about any questions you have regarding a medical condition)

More about Ramona Ortega: Ramona Ortega is the CEO and Founder of My Money My Future. She is a money expert and serial entrepreneur with over two decades of leadership in the public and private sectors. Prior to becoming a tech entrepreneur she was a corporate attorney on Wall Street. She spent her early career as a journalist and policy analyst focused on economic justice and human rights and started her company to help empower communities of color to build wealth. She is a contributor to TechCrunch and Huffington Post on issues of law, tech  and diversity and sits on the advisory boards of Village Capital, Camino Financial, and Community Health Council. Ortega has been featured in Forbes, CNN, TechCrunch, Nasdaq, American Banker, NPR, Latina Magazine, Cosmopolitan Magazine and La Opinion.

LINKS

Stay up to date on relevant COVID Money topics from My Money My Future and get access to capital and recent webinars (like taking care of elder parents). Just open a free account HERE.

Learn more about Ramona and check out her most recent posts & resources on MyMoneyMyFuture.co.

Up your professional skills! Take classes from Udemy and Harvard University.

Episode 179: How to talk about Money with your Partner & Finances 101 with Natalie Torres-Haddad MPA, AWA

This week on the show we have TEDx speaker, award-winning author, financial literacy & mental heath advocate, Natalie Torres-Haddad  MPA, AWA. We talk all about personal finances- from how to have a conversation about money with your partner, what to ask in that conversation, best way to budget, what “runaway spending” really means for you, eliminating debt, real estate and fun tips and tricks to cut unnecessary spending.

Before the interview, Bricia and Paulina talk about planning Eddie’s FIRST birthday party. it’s the first time Bricia will have other kids over (besides the cousins) and the only time of the year Eddie will be able to eat candy! We can’t wait for the pics, amiright?

Today’s episode is filled with lots of tips and tricks so be sure to write things down!

via GIPHY

Our Conversation with Natalie Torres- Haddad

What does an MPA, AWA specialize in?

Where did this passionate for financial literacy come from?

How do I start the conversation about money with my partner?

How do I save money with my partner?

What do you advice couples to do with combining a savings account?

Having something for yourself before relying on someone else

Mount Saint Mary’s University - The Report on the Status of Women & Girl in CA

“Runaway Spending” , The Cafe Latte Factor & The Trickle Down Affect

Natalie’s 30-day challenge

How do you keep track of everything?

Switching from paperless to paper bills

Creating a space for yourself when paying your bills

Reason why you should get your kids involved at an early age

How do I get out of debt?

How do you expect me to save, when I’m living paycheck to paycheck?

When is the best time to shift from saving to investing?

What is the best first real estate purchase?

Natalia’s“Yes You Can Without SuperMan” book announcement

To get in contact with Natalie visit her website, Financially Savvy Latina and follow her on IG @FinanciallySavvyLatina. Be sure to comment your favorite part of your episode on our IG post about today’s episode for your chance to win a ticket to the Financially Fit Makeover Workshop on Feb 2nd. Didn’t get lucky? Visit their website for 50% off the ticket, courtesy of Natalie!

Pick or Tip of the Week

If there is one word to manifest in 2019, Natalia suggest that it should be “FRUGAL.” Making that choice can make a world of a difference for you and your family. Remember, you can still be fun, fabulous AND frugal.

If you haven’t checked out The All New Suze Orman’s Women & Money Podcast, Paulina has been LOVING it. It’s a no bs, straight to the point financial podcast for women. Gain your financial independence now!

Bricia shares her experience with almost declaring bankruptcy and helps us rethink what our our financial options are and the benefits of being financially free.

Links/ Events

4th Annual Financial Literacy and Economic Justice Conference at UC Berkeley on February 10th

Mindfulness: The art of designing your life and a prosperous year, March 3, 2019- Use offer code: Super Mamas for $100 off the ticket price

David Bach Finance Books

Mint.com

Playing with Fire: the documentary

Episode 166: Starting your own business with Ramona Ortega from Azlo

This week on the show Paulina and Bricia sit down with third-time returning guest and financial guru, Ramona Ortega and talk entrepreneurship. She covers the first questions you have to ask yourself before opening your business, monetization strategy, business finances and structure, the differences between a sole proprietorship, LLC, C-Corp and the benefits of opening up an online business checking account. If you’re thinking of making your side hustle a business, this one is for you.

Before the interview, Paulina and Elizabeth sit down and discuss their weekends and their Oaxaca trip. While Elizabeth had a not-so-great weekend, Paulina gushes about her new at-home office project and HBO’s new documentary The Sentence, which we’ll be hosting a viewing party at Bricia’s on October 15th at 8PM & we would love it if everyone joined in and watched with us via IG! After the movie, we’ll be going Live to discuss the film. See you all there!

Our Conversation with Ramona Ortega

(11:52): Start of the interview

(19:40): Understanding what you’re selling- what problem are you solving? Are you a service or a product?

(20:40): To whom are you selling to?

(21:50): How big is the market?

(22:10): How are you going to make money? AKA your Monetization Strategy

(24:00): Bricia’s Life Example- Why asking is the most important attribute in business

(24:27): What is it that people need to grow their business?

(27:35): Business Finances & Legal Structure, “It’s easier to prevent something than to fix something after it’s messed up.” Explaining Sole proprietor

(29:40): LLC, “When you start to grow you want to think of of different structures”

(31:09): C-Corp Explained

(32:06): Keeping your money STRAIGHT! Taxes, invoicing and getting paid

(35:17): How do you prove your potential for growth?

(35:45): The Benefits of online business checking with AZLO

• Online Savings Account with Ally

(39:20): How to capitalize your company and how to track it

(40:35): Write-off and (more) tax advice

(44:15): AZLO: free, no minimums, integration of third-party apps (Shopify, quickbooks, stripe), workshops on negotiation, resident alien on-boarding, no international transaction fees

(46:35): What would you say to people who are hesitant of going online rather than a traditional banking center?

Pick or Tip of the Week

(50:45): To the people who have a passion project, Ramona wants you to write down how your going to make that project into profit and figure out what your next steps are to go forward. Also, for business advice gems, follow @AzloNow on Twitter.

Ramona is also reading Antifragile: Things That Gain from Disorder by Nassim Taleb to learn how to build your resilience and how to make yourself strong & catching up on Dexter on Netflix

(52:40): Paulina 110% recommends Netflix’s new Spanish series, La Casa de la Flores AKA The House of Flowers. It’s AMAZING!

(54:35): Bricia wants us all to listen to this podcast episode from The School of Greatness- EP. 679 THE MIND IS WHAT CONTROLS THE BODY. It’s sounds of this world, but you will learn a whole lot of breaking patterns in your life.