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In this episode of Wealth Para Todos, host Rita-Soledad Fernandez Paulino shares their journey to achieving a significant investment milestone.
Broadcasting from downtown LA, Soledad recounts their early struggles with budgeting after a medical leave and their husband's job loss, and how these challenges catalyzed their financial planning. The episode delves into their strategic steps to reach 100K in investments, including aggressive 401k contributions and the importance of retirement calculators.
Soledad emphasizes the value of starting small, planning backwards, and being persistent and curious about investing. Soledad also highlights the emotional dynamics involved in convincing a partner to invest and how they learned to approach financial goals with less chaos and more joy.
Listeners are encouraged to explore their retirement accounts, use retirement calculators, and consider working one-on-one with a money and self-care coach to achieve their financial plans.
00:00 Introduction to Wealth Para Todos
00:21 Personal Background and Setting
00:56 The Magic of Investing 01:37 Our Financial Journey Begins
02:15 Discovering Hidden Investments
04:00 Maxing Out Retirement Accounts
10:29 Lessons from Financial Milestones
17:18 Planning for Early Retirement
22:05 Key Takeaways and Final Thoughts
23:43 Disclaimer and Closing Remarks
5
99 ratings
In this episode of Wealth Para Todos, host Rita-Soledad Fernandez Paulino shares their journey to achieving a significant investment milestone.
Broadcasting from downtown LA, Soledad recounts their early struggles with budgeting after a medical leave and their husband's job loss, and how these challenges catalyzed their financial planning. The episode delves into their strategic steps to reach 100K in investments, including aggressive 401k contributions and the importance of retirement calculators.
Soledad emphasizes the value of starting small, planning backwards, and being persistent and curious about investing. Soledad also highlights the emotional dynamics involved in convincing a partner to invest and how they learned to approach financial goals with less chaos and more joy.
Listeners are encouraged to explore their retirement accounts, use retirement calculators, and consider working one-on-one with a money and self-care coach to achieve their financial plans.
00:00 Introduction to Wealth Para Todos
00:21 Personal Background and Setting
00:56 The Magic of Investing 01:37 Our Financial Journey Begins
02:15 Discovering Hidden Investments
04:00 Maxing Out Retirement Accounts
10:29 Lessons from Financial Milestones
17:18 Planning for Early Retirement
22:05 Key Takeaways and Final Thoughts
23:43 Disclaimer and Closing Remarks
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