Money Mindset and Personal Finance for First Gen Latinas: Ching@ Tu Money®

#11: Listen. Sometimes we just can't afford that thing that our friend/family wants us to do. And other times - we just don't want to spend our hard earned money there.

How do we communicate our needs lovingly? And without pissing our loved ones off?

Justine De Peralta, Certified Financial Education Instructor, Domestic Violence Counselor, and Author of ‘Girl, Jump: Building a Financial Safety Net to Leave an Abusive Relationship and Reclaim Your Freedom’ walks me through the 4 steps of non-violent communication.

1. Share an observation
2. Share your feeling
3. Share your needs
4. Tie it together with a request: e.g. 'Would you be willing to have dinner at a non fine-dining restaurant'?

My friend, Justine De Peralta, is coming to San Antonio at the end of the month, and I only have $80 to spend during her time here. I practice using these 4 steps with this real life example on this episode! It was NOT easy.

Was Justine REALLY okay with this budget? How did I approach the conversation? And does it mean I'm cheap?

Tune in for this and so much more!

⭐️⭐️RESOURCES:⭐️⭐️

💸Follow Justine on Instagram

💸Buy Justine's Book

💸Mariel's 1:1 3 Month Money Coaching Program

💸Follow Mariel on Instagram

⭐️⭐️More on Money Boundaries⭐️⭐️

💸Am I Financially Abusing my Boyfriend? A conversation with the man himself

💸Financial Abuse: Money Red Flags to Look for in Love, Family and Friends

💸Financial Abuse in Friendships with Justine

💸Financial Abuse in Family with Justine

💸Financial Abuse in Couples with Justine

🥾Want to connect with nature and tap into self?🍃

Check out Ching@ Tu Money sponsor:

Emerge Educational Consulting

Join a walking adventure here.

Want more personal finance for Latinas? Send your money question over on Instagram!

Please leave a review to help me keep spreading the financial literacy word. Ciao!

Hosted on Acast. See acast.com/privacy for more information.

#10: Financial Abuse can be hard to identify and is present in nearly 99% of total domestic violence cases.

What financial red flags do I look for in romantic relationships? How do I know if I am experiencing financial abuse?

Today Justine De Peralta, Author of ‘Girl, Jump: Building a Financial Safety Net to Leave an Abusive Relationship and Reclaim Your Freedom’ and I chat about some financial red flags to look out for.

Key Takeaways:

1. If something doesn't feel right when it comes to money in your relationship, explore that feeling. You are more capable than you know.
2. Financial Abuse is a spectrum. It can be total dependence on your partner. It can be your partner sabotaging your work. It can be your partner griping at every single purchase you make or being sneaky about their money. Listen to the signs your body gives you. Then, find your next right step.
3. Justine shares 3 general tips one could take to have more autonomy of their money. For a personalized safety exit plan, visit the resources linked below.

Justine is a Certified Financial Education Instructor, a Domestic Violence Counselor and Author. Justine specializes in helping BIPOC women and domestic violence survivors develop confidence and financial literacy skills needed to navigate challenging financial situations.

Help me spread this very important message and send this to someone you know NEEDS to hear this message.

⭐️⭐️RESOURCES:⭐️⭐️

IF YOU ARE IN IMMEDIATE DANGER, DIAL 911.

Domestic Violence Support:

From the site: ‘Internet usage can be monitored and is impossible to erase completely. If you’re concerned your internet usage might be monitored, call: 800.799.SAFE (7233)’ 

Domestic Violence Support

Find a Shelter or Program Near You

Safe Horizon Program

💸Buy Justine's Book

💸Follow Justine on Instagram

⭐️⭐️Podcast Episode (minute 35:08) of the woman who was on the hook for her ex husbands tax bill⭐️⭐️

⭐️⭐️Recommended Podcast Episodes⭐️⭐️

💸My Partner Makes 2x More Than Me. Here's How We Split Expenses

💸Am I Financially Abusing my Boyfriend? A Conversation With The Man Himself

💸Financial Abuse: Money Red Flags To Look For in Love, Family and Friends

🥾Check out today's sponsor:🍃

Emerge Educational Consulting

Join a walking adventure here.

Want more personal finance for Latinas? Send your money question over on Instagram!

Please leave a review to help me keep spreading the financial literacy word. Ciao!

Hosted on Acast. See acast.com/privacy for more information.

#9: With the ability to buy just a few dollars of an investment at a time, the ONLY thing holding you back from investing is fear.

Y amiga, who benefits from your fear? Investing for retirement can be simple. And I’m here to help you. 

1. Because of our friend inflation, there is no way to ‘save for retirement’ without buying investments in a retirement account.
2. Your money needs TIME to grow in the stock market. In fact, time is the biggest indicator of how much your money will grow. Start now. Even $5 at a time.
3. Investing can be simple. I invest for retirement, and ignore all of the 'crypto this, nfts that, and day-trading' noise. Buy quality investments, and hold them until you retire.
4. You are worthy of having the option to actually stop working at retirement. Don't let these society convince you that its too hard or its too complicated.

We run through a demo of actually buying an investment on my iPhone 13 mini.

I also walk you through a compound interest calculator so you can see how much your money can grow. Even $5 at a time.

If you do anything for yourself this year, PLEASE listen to this episode in it’s entirety.

65 year old you will be so glad you did. 

⭐️⭐️⭐️RESOURCES⭐️⭐️⭐️

💸Run your numbers through the Compound Interest Calculator

💸How to buy an investment screenshots

Need some help buying your first investment?

💸Mariel's 1:1 'Open Your IRA Kickstart'

💸Jeremy’s Free 60 minute beginner investing video

💸Mariel's Free 'RETIRE ON TIME' Workshop Replay and PDF of Resources

💸Join the Money workshops waitlist

Want more personal finance for Latinas? Send your money question over on Instagram!

And leave a review to help me spread the personal finance word! Ciao!

Hosted on Acast. See acast.com/privacy for more information.

#8: Most of us want to level up our money mindset and better understand our money traumas. Yet, oftentimes, we don't know where to start.

Jasmine Lopez, a joy-based money coach and founder of financial wellness brand, Mentally Mutually, shares how to take the first step in understanding our money mindset.

"Oftentimes a lot of the trauma in our lived experience is held in our body" she said. "An invitation for us is to pause and be able to say, 'I am going to give myself the permission to pause, so that I can connect with my body, so that I can identify, What are these triggers?' And here are some ways that I can move my body, talk through my body, even yell through my body to release some of those tensions and challenges we're feeling'".

Key Takeaways:

1. Understand your money story and remove shame from it
2. Question what capitalism conditions you to believe
3. Take a moment to connect with your body when you experience a financial trigger or activation so that you can identify the next step
4. Experience healing in robust ways: dancing, singing, eating in community, connecting to breath
5. The journey to financial abundance is on-going, stay the course

Jasmine grew up in a single parent Latina home on the southwest side of Chicago. After filing for bankruptcy in 2010, Jasmine redefined what success looked like to her. From creating her nonprofit, The Firehouse Dream, to founding a financial wellness brand, Mentally Mutual, Jasmine continues to advocate for pay equity for herself, her family, and the community around her.

Don't miss this episode! See you in the show!

⭐️⭐️You may also like:⭐️⭐️

💸Money Mindset isn't about 'Believing in Yourself', it's About Your Money Story

💸How to Break Free from the Money Story Holding You Back

⭐️⭐️RESOURCES:⭐️⭐️

💸Jasmine Lopez on Instagram

💸Jasmine's Financial Wellness Brand

💸Follow Mariel on Instagram

💸Subscribe to Mariel's Money Newsletter

🥾Want to connect with nature and tap into self?🍃

Join a walking adventure with Emerge Educational Consulting

Want more personal finance for Latinas? Send your money question to [email protected]

Subscribe now to be the first to hear about new episodes and please leave a review to help me keep spreading the financial literacy word. Ciao!

Hosted on Acast. See acast.com/privacy for more information.

#7: I did not vote for Kamala Harris, but I wanted, desperately, for her to win.

Tune in to learn the process I went through to decide whether to vote Blue despite the U.S. funded genocide or whether to vote Green even with all that is at stake.

In this episode, I do NOT dissect the election results, nor do I share where we go from here. I simply transparently share with you my decision making process. The community building and where we go from here part is to come. Take care.

Resources:

To take a look at Texas' electoral votes through the elections visit:

https://www.270towin.com/states/Texas

Learn more about how securing 5% of the popular vote can unlock funding here

Check out Paola Ramos interview and purchase her book Defectors: The rise of the Latino Far Right and What it Means for America

Connect with Kara on Instagram and to order her book Green Money now re-named to Money For Change: How to Reduce Waste, Build Wealth, and Create a Better Future For All

Hosted on Acast. See acast.com/privacy for more information.

#6 Worried about overspending this holiday season? Feeling stressed about not giving as many gifts as you'd like? If so, then this is the episode for you.

In this episode we learn which 5 things will help you not go broke this holiday season. We also talk about slowly pivoting away from consumerism and taking baby steps towards value-based giving.

There is an art to meaningful giving. I have been 'cheap' before. I've also given useless gifts for the sake of giving before. I've racked up credit card debt when I should have set a boundary for myself before. But, no more. My gift giving evolves as I do. And so will yours.

See you in the episode!

⭐️⭐️You may also enjoy⭐️⭐️

💸Eco-Friendly Gift Giving Guide (For Beginners)

💸Black Friday: Dos and Donts. Listen to this before you Black Friday Shop

⭐️⭐️RESOURCES:⭐️⭐️

💸1:1 Money Coaching

💸Subscribe to my Newsletter where I share my scarcity thoughts and how I walk myself out of them

💸Follow Mariel on Instagram

Want more personal finance for Latinas? Send your money question to [email protected]

Subscribe now to be the first to hear about new episodes and please leave a review to help me keep spreading the financial literacy word. Ciao!

Hosted on Acast. See acast.com/privacy for more information.

#5: Are you living in the past, amiga?

Today's episode highlights the importance of reflecting on the money habits and lessons we observed as kids. Are those lessons holding us back? And if so, what can we do to break free?

We also discuss how the people around us - whether explicitly or subconsciously influence how we see the world - and therefore what we think is possible.

Finally, we talk about the importance of saying goodbye to our old identity and stepping into our new identity. No matter, how freaking terrifying that might be.

See you in the episode!

⭐️⭐️You may also like⭐️⭐️

💸Why You Aren't Taking Action

💸Your Impatience is Blocking You Success. Quit Being A Baby and Keep Going

💸The Compound Effect of Possibility

⭐️⭐️RESOURCES:⭐️⭐️

💸General 60 minute money consult

💸1:1 Money Coaching

💸Build Wealth While Broke Workshop Replay

💸Subscribe to my Newsletter where I share my scarcity thoughts and how I walk myself out of them

💸Follow Mariel on Instagram

Want more personal finance for Latinas? Send your money question over on Instagram!

Subscribe now to be the first to hear about new episodes and please leave a review to help me keep spreading the financial literacy word. Ciao!

Hosted on Acast. See acast.com/privacy for more information.

#4: 'You can afford anything, but not everything' -Afford Anything Podcast.

By renting a room in a house for 4 years, I was able to repeatedly max out my IRA - even on 30k a year. What led me down that path? A monthly car payment that was MORE than what I was paying in rent.

This episode introduces the idea that we can and should challenge society's expectations of us. Need to get a roommate for a few months to free up some cash? Do it. Want to be a 1 car household for a year? The choice is yours and the options are limitless. Enjoy the show!

Make sure you show our sponsor some love! Visit tienditaelretonito.com to snag handmade Mexican cositas for yourself and for anyone you love!

⭐️⭐️Other 'Ching@ Tu Money' episodes you'll enjoy⭐️⭐️

💸How to Stop Underearning And Make More Money

💸If You’re A Latina, It’s Time To Invest. No More Excuses.

💸How to Break Free from the Money Story Holding You Back

⭐️⭐️RESOURCES:⭐️⭐️

💸60 minute Retirement Kickstart

💸General 60 minute consult

💸1:1 Money Coaching

💸Follow Mariel on Instagram

Want more personal finance for Latinas? Request the next episode topic by emailing [email protected]

Subscribe now to be the first to hear about new episodes and please leave a review to help me keep spreading the financial literacy word. Ciao!

Hosted on Acast. See acast.com/privacy for more information.

#3: A major 'travel hack' I learned about is 'pre-paying' or front-loading the cost of upcoming trips and man, do I recommend it!

In this episode, I share how I saved for and spent during my 3 week trip to Asia. Spoiler Alert: It's all about saving super early and sticking to the plan. PLUS I was able to go 50/50 on EVERYTHING with my boyfriend which is not how we do things when home. #abundance

In this episode, I mention an 'Abundance Amplified' program. Follow @immigrant.finance for more info. I also challenge you to charge more! But - raising your income can be hard. Follow Carla from @carlathefirstgencoach, Janesse from @yoquierodineropodcast and Evie from @lamalamujerblog for actionable step$ on how to do this.

Make sure you show our sponsor some love! Visit tienditaelretonito.com for handmade Mexican cositas for yourself but also for ANYONE you love!

⭐️⭐️RESOURCES:⭐️⭐️

💸Work 1:1 with Mariel here

💸Subscribe to my Newsletter where I share my scarcity thoughts and how I walk myself out of them

💸Follow Mariel on Instagram

Want more personal finance for Latinas? Send your money question over on Instagram!

Subscribe now to be the first to hear about new episodes and please leave a review to help me keep spreading the financial literacy word. Ciao!

Hosted on Acast. See acast.com/privacy for more information.

#2: IM IN JAPAN! I’ve been saving $ an entire year for this trip and I’m finally here! 2 days ago, I finished the “Build Wealth While Broke” workshop fundraiser for Palestine and I’m TIRED! In order to practice boundaries, today’s episode is a replay of an incredible money conversation I had with Gracie, from the Mija Listen Podcast.

In this episode, we talk:

1. scarcity mindset
2. how upbringing influences our relationship with money
3. how to check our money mindset y mucho mas.

Gracie is a talented interviewer, this conversation is one of my favorites and I can’t wait for you to hear it! Thank you Gracie for allowing me to share this incredible conversation on the Ching@ Tu Money podcast. Everyone, please go give Mija Listen a follow on your favorite podcast player and on instagram @mijalisten.

⭐️⭐️RELATED PODCAST EPISODES⭐️⭐️

💸If You’re A Latina, It’s Time To Invest. No More Excuses.

💸How to Break Free from the Money Story Holding You Back

⭐️⭐️RESOURCES⭐️⭐️

💸FREE: Retire on Time workshop replay

💸Work 1:1 with Mariel here

💸Subscribe to my monthly Newsletter where I share money chisme, events, and more

💸Follow Mariel on Instagram

Want more personal finance for Latinas? Send your money question to [email protected]

Subscribe now and leave a review to help me keep spreading the financial literacy word. Ciao!

Hosted on Acast. See acast.com/privacy for more information.