Latina Financial Education, Investing & Wealth Building: MoneyChisme

Share Your Thoughts!

Building financial literacy is important for overall financial wellness. From learning what a credit score is, to learning what is good debt versus bad debt,  it can be a lot! Not to mention the cultural barriers with investing in the Latino community. 

Jessica Perrone, CEO and founder of Her Financial IQ, shares how her experiences shaped her understanding of hard work, frugality, and the importance of financial literacy. As she navigated her way through adulthood, she learned the ins and outs of personal finance, ultimately leading her to Wall Street.

Jessica shares her practical advice that can help you take control of your financial future. With nearly half of Hispanic Americans not owning investments, Jessica highlights the cultural barriers and misconceptions that often hinder financial growth.

Connect with Jessica Perrone:

 Website: www.herfiniq.com

LinkedIn: linkedin.com/in/jessicak/

Youtube: youtube.com/channel/UCZ__uZTpk0qxqX9aC3_DmqA

Instagram: instagram.com/herfiniq

Facebook: facebook.com/HerFinIQ/

Support the show

Sign Up for the MoneyChisme & Raíces Newsletter

Resources:

Start Investing with M1Finance or Fidelity
Finance Books to Start Your Journey

Open a High Yields Account
Support/Apoya MoneyChisme

Disclaimer:
I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.

*Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: MoneyChisme Affiliate Links and Paid Advertisers Disclosure.

Share Your Thoughts!

What if your childhood dreams of luxury were just stepping stones to a more profound understanding of wealth? Join us on this reflective episode as we journey through the evolution of my financial mindset. Inspired by family drives through affluent neighborhoods and youthful promises of sleek cars and big houses, I embarked on a quest for affluence. But as life unfolded and I joined a mastermind group for real estate investing, my ambitions took a surprising turn. We'll unpack why first-generation Hispanic Latinos, like myself, often feel the pressure to prove themselves and how redefining financial freedom can align with evolving values.

From the thrill of purchasing a pre-owned Lexus and a Louis Vuitton purse to embracing a minimalist lifestyle, this episode dives into the pivotal years from 2019 to 2021. Discover how selling a luxurious car and a large house led to investments in rental properties and 10 acres of land, ultimately fostering a sense of true financial stability. Listen in as we explore the benefits of downsizing, eliminating debts, and reimagining wealth as a tool for achieving personal goals rather than just accumulating assets. This episode is a must-listen for small-time investors seeking financial security without the pressure of becoming multimillionaires.

Support the show

Sign Up for the MoneyChisme & Raíces Newsletter

Resources:

Start Investing with M1Finance or Fidelity
Finance Books to Start Your Journey

Open a High Yields Account
Support/Apoya MoneyChisme

Disclaimer:
I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.

*Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: MoneyChisme Affiliate Links and Paid Advertisers Disclosure.

Share Your Thoughts!

Is owning a home starting to feel like a distant dream? With mortgage rates hanging out between 6.4% and 7.5% and the Federal Reserve's next move just around the corner, we'll break down what this all means for homebuyers and investors. We get into this latest real estate chisme. Plus, we’ll dive into the Department of Justice's antitrust lawsuit against RealPage Inc., exploring how alleged algorithm tricks might be pushing up rental prices and making the market even trickier.

With the election year, Presidential Candidate Kamala Harris drops her plan to help combat the home affordability problem. From tax incentives for builders to downpayment assistance, we get into it. What could this mean for new homebuyers and small time real estate? We’ll also chat about the growing challenges of rising property taxes and insurance rates, with tips on what can be done to make homeownership more affordable. 

Don’t forget to grab your free ebook on buying your first rental property—it’s packed with must-know advice!

Tax Benefits of Real Estate Investing

Support the show

Sign Up for the MoneyChisme & Raíces Newsletter

Resources:

Start Investing with M1Finance or Fidelity
Finance Books to Start Your Journey

Open a High Yields Account
Support/Apoya MoneyChisme

Disclaimer:
I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.

*Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: MoneyChisme Affiliate Links and Paid Advertisers Disclosure.

Share Your Thoughts!

Unlock the secrets to harnessing Pinterest as a marketing powerhouse with our special guest, Sarah Otto! Sarah shares her expertise on transforming Pinterest from a casual browsing platform into a dynamic visual search engine that can amplify your business’s reach. Learn how to create high-level topic boards and craft pins that drive traffic to your blogs, podcasts, and product listings, all while targeting what your potential customers are actively searching for.

Have you ever wondered how Pinterest can help you build your email list? Sarah walks us through the strategy of creating a compelling lead magnet optimized with keyword research to ensure maximum discoverability. By consistently pinning varied images linked to your lead magnet, you can effectively drive traffic to your email landing page. Sarah also highlights the difference in user intent between Pinterest and Instagram, shedding light on why Pinterest users might be more valuable for your business goals.

Tune in to feel inspired and ready to integrate Pinterest into your digital marketing strategy with newfound confidence!

Connect with Sarah Otto:
heysarahemily.com

IG: heysarahemily

Pinterest Co-work Session Sign Up

Support the show

Sign Up for the MoneyChisme & Raíces Newsletter

Resources:

Start Investing with M1Finance or Fidelity
Finance Books to Start Your Journey

Open a High Yields Account
Support/Apoya MoneyChisme

Disclaimer:
I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.

*Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: MoneyChisme Affiliate Links and Paid Advertisers Disclosure.

Share Your Thoughts!

Struggling with financial trauma rooted in your upbringing or community? You're not alone. I sit down with financial therapist and accredited financial counselor Rahkim Sabree to unpack the truth behind generational financial trauma—especially the kind that hits BIPOC communities hard.

We get real about how systemic racism, economic marginalization, and capitalism create deep money wounds that don't just hurt our wallets—they shape our entire mindset around wealth, survival, and self-worth. From the stress of being in the sandwich generation to the invisible weight of financial shame, we dig deep into the emotional side of money.

Rahkim breaks down how to identify money anxiety, confront limiting beliefs, and start your financial healing journey. He offers a blueprint to reclaim your financial power, align your goals with your values, and build intergenerational wealth with intention. You'll learn why financial self-awareness, intergenerational conversations, and accountability are key to breaking toxic money cycles—for good.

Connect with Rahkim:
rahkimsabree.com
IG RahkimSabree

Support the show

Sign Up for the MoneyChisme & Raíces Newsletter

Resources:

Start Investing with M1Finance or Fidelity
Finance Books to Start Your Journey

Open a High Yields Account
Support/Apoya MoneyChisme

Disclaimer:
I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.

*Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: MoneyChisme Affiliate Links and Paid Advertisers Disclosure.

Share Your Thoughts!

As First Gen Immigrants, the retirement of our aging immigrant parents can be our responsibility. It is an overwhelming task, especially since we are trying to figure out our own finances too! So in this episode I provide tips and tricks to help you plan for their retirement while unpacking the cultural expectations that often add to this burden.

I also talk about practical strategies that can be used, even if your parents are undocumented. From moving funds to high-yield savings accounts and taking full advantage of 401k plans to setting up IRAs, I cover a range of financial tools to make sure you cover all your bases.

By sharing my own experiences and strategies, I provide a roadmap for balancing intergenerational financial planning while securing your own financial future. Join me as we face this challenge head-on with thorough planning and a shared commitment to our parents' well-being.

Mentioned in this episode:

Upgrade High Yields Savings Account

Wealth Warrior by Linda Garcia

Financially Lit! by Jannese Torres

What are the Pros and Cons of a Health Savings Account

Support the show

Sign Up for the MoneyChisme & Raíces Newsletter

Resources:

Start Investing with M1Finance or Fidelity
Finance Books to Start Your Journey

Open a High Yields Account
Support/Apoya MoneyChisme

Disclaimer:
I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.

*Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: MoneyChisme Affiliate Links and Paid Advertisers Disclosure.

Share Your Thoughts!

how to buy rental property in 2024, in 6 easy steps! In this webinar I cover my 6-step roadmap to buy your first rental property in 2024. I share tips and tricks from how to prepare your mindset to how to find, analyze and manage your first rental property!

What if buying your first home could inadvertently set you on a path to financial freedom? Join me, Violeta, as I unravel my unexpected journey into real estate investing, starting with a simple house purchase in 2014 that turned into a lucrative investment through house hacking. From that humble beginning, I expanded my portfolio to include multifamily properties and even land, funded by selling an extra car. We'll break down why rental properties are a powerful tool for building wealth, supported by the four pillars: income, appreciation, equity, and tax benefits.

 With continuous learning and calculated planning, you'll see how structured steps can lead to significant financial gains in real estate.

Fear is often the biggest barrier to starting in real estate investing, but it doesn't have to be. This episode focuses on overcoming those fears by setting clear, manageable goals and continuously adapting to life's challenges. Learn practical strategies to shift your mindset, overcome hesitations, and maintain accountability. Whether you're just starting out or already have some experience, this episode offers valuable insights to help you confidently navigate the real estate market and achieve your financial goals.

Support the show

Sign Up for the MoneyChisme & Raíces Newsletter

Resources:

Start Investing with M1Finance or Fidelity
Finance Books to Start Your Journey

Open a High Yields Account
Support/Apoya MoneyChisme

Disclaimer:
I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.

*Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: MoneyChisme Affiliate Links and Paid Advertisers Disclosure.

Share Your Thoughts!

This week's chisme is on buying a home in this wild and expensive housing market, a sassy debate on the real estate investor and realtor stereotypes, and sharing hot tips for newbies and pros alike.  We also dive into the financial realities and emotional impact of homeownership, especially for first-time home buyers navigating the ever-changing real estate market. Join Javier Vidana and myself and gain valuable insights and tips to make informed decisions.

Homeownership isn't just a transaction; it's a journey of financial planning and facing fears like a market crash head-on. And while the ride might be bumpier these days, it's also breeding a new generation of financially savvier buyers. We get real about the gap between what you might qualify for and what you can actually afford, emphasizing the value of doing your own homework over simply trusting the advice of agents and lenders.

Then, we touch on the kind of impact real estate investing has on communities, weighing the differences between large-scale investors and those aiming to build wealth without causing a housing market ruckus. In our candid debate, we tackle the sticky subject of real estate commissions and whether they should evolve with the times. If you're curious about the ethical pursuit of homeownership or finding the right support while buying or selling in Phoenix, this conversation is your ace in the hole. So, take a seat and let's get to the heart of real estate, from financial literacy to the essence of community support.

About the guest:
Javier Vidana, a licensed real estate agent based in Phoenix, Arizona. Beyond his real estate career, Javier has made a name for himself on YouTube, where he shares educational content about real estate. His videos cover everything from home buying tips to market insights and general real estate advice.

https://javiervidana.com/
Youtube Channel
Instagram

Support the show

Sign Up for the MoneyChisme & Raíces Newsletter

Resources:

Start Investing with M1Finance or Fidelity
Finance Books to Start Your Journey

Open a High Yields Account
Support/Apoya MoneyChisme

Disclaimer:
I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.

*Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: MoneyChisme Affiliate Links and Paid Advertisers Disclosure.

Share Your Thoughts!

What is going on in the money world? Let's talk about the trending financial news topics such as the housing market, Starbucks boycott, and Roaring Kitty launching Gamestop stock prices to the moon!

So, the interest rates for 30-year fixed loans are shooting past the 7.5% mark. Yup, you heard that right! Previous predictions that we would be at 6% are out the window. This means if you are planning to invest in real estate or buy your first home, plan for interest rates to remain the same. 

We also get into how  immigration is shaking up housing markets in places like Chicago. We look at how the boycott is hurting Starbuck's wallet and  how Roaring Kitty's return to social media swaying stock prices. Remember that whole GameStop rollercoaster? It is back!

Support the show

Sign Up for the MoneyChisme & Raíces Newsletter

Resources:

Start Investing with M1Finance or Fidelity
Finance Books to Start Your Journey

Open a High Yields Account
Support/Apoya MoneyChisme

Disclaimer:
I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.

*Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: MoneyChisme Affiliate Links and Paid Advertisers Disclosure.

Share Your Thoughts!

Descubre cómo aprovechar los beneficios fiscales de invertir en bienes raíces para pagar menos impuestos! En este episodio, exploramos estrategias para reducir impuestos mientras inviertes en propiedades. ¡No te pierdas esta guía completa sobre impuestos y bienes raíces!

Descubre conmigo los secretos mejor guardados de la inversión inmobiliaria, esos que han estado reservados para los más astutos financieramente. En mi viaje a través de casi diez años en el mercado de bienes raíces, he desentrañado estrategias y beneficios que van mucho más allá del ingreso pasivo que todos conocemos. Desde la magia de la depreciación de la propiedad, que se traduce en una deducción anual frente al IRS, hasta la apertura de un abanico de deducciones fiscales, comparto cómo estas tácticas han sido un cambio radical en mi forma de invertir, permitiéndome conservar una mayor porción de mis ingresos por renta.

En la conversación de hoy, nos sumergimos en la vital importancia de la planificación fiscal y cómo el asesoramiento de profesionales puede potenciar los beneficios al invertir en bienes raíces. Exploro diversas estrategias que pueden resultar en una reducción significativa de tus impuestos anuales, lo que se traduce en más dinero para re-invertir, gastar o disfrutar de tus pasatiempos y viajes favoritos. Te invito a que te unas a esta comunidad de chismosos financieros, donde tus preguntas y comentarios enriquecen nuestro diálogo y juntos aprendemos a hacer más con nuestro dinero. ¡No te pierdas ni un consejo aquí en Money Chisme!

Support the show

Sign Up for the MoneyChisme & Raíces Newsletter

Resources:

Start Investing with M1Finance or Fidelity
Finance Books to Start Your Journey

Open a High Yields Account
Support/Apoya MoneyChisme

Disclaimer:
I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.

*Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: MoneyChisme Affiliate Links and Paid Advertisers Disclosure.