savings

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

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)

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.)

  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

Bea SUMA Headshot.jpeg

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:

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

 
holding my book.jpg

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!

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


 
What are your plans for the weekend ?Come join us this Saturday! we’re cooking up something STRANGE with @chefashleyshep and @iampaulinalopez! Check out the link in our bio to be a part of a very special STRANGE WORLD Mommy and Me cooking class
I feel like I’ve gotten to know so much more of myself in the past couple of weeks, from my trip to Oaxaca reconnecting to my inner child and the traditions that fill me up so much to meeting with @victor.zenstoic today. I feel so grateful and