In this episode of Wealth Para Todos, host Rita-Soledad Fernandez Paulino addresses the challenge first-generation wealth builders face in balancing family support with personal financial goals. Soledad introduces the concept of a 'Loved One Emergency Fund' as a solution to provide financial help to loved ones without jeopardizing one's own financial stability.

The episode outlines the importance of such a fund, distinguishes it from a personal emergency fund, and offers ten practical steps to establish and manage this sinking fund effectively. Soledad also shares their personal experiences and emphasizes the cultural significance of interdependence and community care.

Listeners receive actionable advice on creating boundaries, funding the account, and communicating with family about this financial arrangement.

00:00 Introduction to Wealth Para Todos

00:21 Balancing Family Support and Personal Goals

02:08 The Need for a Loved One Emergency Fund

04:28 Defining a Loved One Emergency Fund

07:43 10 Practical Steps to Create a Loved One Emergency Fund

12:00 Key Takeaways and Podcast Milestones

13:11 Call to Action and Upcoming Topics

15:31 Disclaimer 

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In this episode of Wealth Para Todos, host Rita-Soledad Fernández Paulino, a queer Mexican-American financial coach, addresses the complexities of money conversations beyond romantic partnerships.

Soledad discusses their own mistakes, such as imposing financial advice and handing over money without boundaries, and shares successful strategies like creating a "Loved One Emergency Fund" and budgeting with joy.

They introduce a framework for clear, compassionate, and effective money conversations that involves setting intentions, defining goals, checking capacity, and practicing relevant skills.

By the end of the episode, listeners will have valuable tools to transform their financial dialogues from sources of conflict into opportunities for connection.

00:00 Introduction to Wealth Para Todos
00:38 Expanding Money Conversations Beyond Couples
03:11 Common Mistakes in Money Conversations
05:28 Effective Strategies for Money Conversations
07:13 Step 1: Setting Intentions and Goals
13:48 Step 2: Checking Emotional Capacity
16:20 Step 3: Practicing Conversation Skills
21:34 Conclusion and Next Steps

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In this deeply personal episode of Wealth Para Todos, host Rita-Soledad Fernandez-Paulino, a queer Mexican-American money and self-care coach, explores the detrimental effects of hyper independence on financial security and overall wellness.

Reflecting on their own life experiences, Soledad explains the distinction between hyper independence and interdependence and how the former can sabotage financial progress and emotional health. They offer actionable steps to transition toward interdependence, highlighting its benefits for wealth building and personal well-being.

Listeners are encouraged to recognize hyper independence as a trauma response and to practice interdependence as a skill that leads to a more stable and enriched life.

00:00 Introduction to Wealth Para Todos

00:52 The Cost of Hyper Independence

01:37 Personal Journey: From Independence to Interdependence

04:25 Defining Hyper Independence 07:45 Impact of Hyper Independence on Financial Security

10:42 Transitioning to Interdependence

12:02 Practical Steps to Heal from Hyper Independence

16:54 Call to Action and Conclusion

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In this episode of Wealth Para Todos, host Rita-Soledad Fernandez Paulino, a queer Mexican-American money and self-care coach, explores the common feeling of guilt after spending money. They share personal experiences and provides actionable tips on defining what 'too much' means for you, setting realistic budgets, and collecting data to spend guilt-free.

Soledad emphasizes the importance of planning and reflecting on spending patterns to transform from shame-based to strategy-based spending. Listen in to learn how to create a spending plan that brings joy and financial confidence.

00:00 Introduction to Wealth Para Todos

00:21 Understanding the Guilt of Overspending

00:53 Personal Story: A Budgeting Lesson from Mexico City

03:39 Redefining 'Too Much' and Setting Realistic Budgets

06:07 The Importance of Data in Budgeting

07:37 Final Tips and Encouragement

08:20 Community Engagement and Upcoming Events

09:51 Disclaimer and Final Thoughts

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In this episode of Wealth Para Todos, host Rita-Soledad Fernandez Paulino shares their P.A.I.D. off method to help Black, Indigenous, people of color, women, and LGBTQ+ folks confidently manage and pay off debt sustainably.

Soledad emphasizes the importance of leveraging debt strategically without sacrificing wellness. The P.A.I.D. off method involves four key steps: Pulling your credit report, Assessing your cash flow, Intentionally choosing your payoff focus, and Determining your debt-free date.

They highlight why this method is essential for building foundational debt management skills, transforming your relationship with debt, and ensuring financial decisions align with long-term goals.

Soledad also addresses common struggles and offers compassionate guidance for first-generation wealth builders, reaffirming the importance of financial literacy and self-care in achieving financial security.

00:00 Introduction to Wealth Para Todos

00:21 The Importance of Debt Management

00:52 Introducing the P.A.I.D. Off Method

03:58 Step 1: Pull Your Credit Report

05:00 Step 2: Assess Your Cash Flow

06:46 Step 3: Intentionally Choose Your Payoff Focus

07:46 Step 4: Determine Your Debt-Free Date

10:02 Overcoming Challenges in Debt Management

12:31 Final Thoughts and Next Steps

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In this episode of Wealth Para Todos, host Rita Soledad Fernandez Paulino, a queer Mexican-American money and self-care coach, discusses the crucial difference between reactive and proactive self-care.

They explain how proactive self-care involves intentional, regular practices to promote wellness, whereas reactive self-care is often done out of desperation. The episode discusses the D.I.V.E.R.S.E. Self-Care framework, covering seven types of self-care: Dinero, Interpersonal, Vocational, Emotional, Restorative body, Spiritual, and Environmental.

Listeners will learn how to build a daily self-care routine and the importance of prioritizing their wellness without guilt. The episode concludes by inviting listeners to work one-on-one with Soledad for personalized coaching in self-care and financial planning.

00:00 Introduction to Wealth Para Todos

00:43 Understanding Reactive vs. Proactive Self-Care

01:06 Personal Stories and Examples of Self-Care

02:23 Defining Reactive Self-Care

03:52 Embracing Proactive Self-Care

04:44 The D.I.V.E.R.S.E. Self-Care Framework

08:15 Examples of D.I.V.E.R.S.E. Self-Care

15:58 The Importance of Proactive Self-Care

19:46 Final Thoughts and Invitation to Work Together

22:36 Disclaimer and Closing Remarks

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In this episode of Wealth Para Todos, host Rita Soledad Fernandez Paulino addresses how to decide when to invest in personal development, considering limited cash flow, responsibilities, and systemic pressures.

They share their journey from being a public school math teacher in New York City to becoming a successful entrepreneur, detailing the free resources and low-cost strategies they used for professional growth. Soledad emphasizes the importance of support systems like nannies and housekeepers before investing in formal coaching. Additionally, they discuss their significant investments in various coaches and the mindset shifts that accompanied these decisions.

The episode concludes with thoughtful questions to help listeners determine their current season of growth and the best next steps for their personal development journey.

00:00 Introduction to Wealth Para Todos

00:27 Deciding When to Invest in Personal Development

01:04 Soledad's Journey: From Teacher to Money & Self-Care Coach

01:43 The Power of Free Resources

05:21 Investing in Support Systems

08:48 Hiring a Business Coach

12:22 Working with Various Coaches

16:14 Reflecting on Personal Development Investments

17:23 Conclusion and Next Steps

In this episode of Wealth Para Todos, host Rita-Soledad Fernández Paulino addresses a listener's question about how to convert a traditional 401k to a Roth 401k. Soledad explains the basics of traditional and Roth retirement accounts, including their pros and cons, tax implications, and strategic planning for conversions. The episode also emphasizes the importance of financial literacy and offers practical steps for investing in the stock market. Additionally, Soledad stresses the value of community support and self-care while navigating financial decisions. Listeners are encouraged to book a discovery call for personalized financial coaching.

00:00 Introduction and Mission

00:21 Listener Question: Traditional 401k to Roth 401k

00:56 Current Events and Personal Reflections

01:46 Basics of Investing in the Stock Market

05:06 Understanding Retirement Accounts

06:16 Traditional vs. Roth Retirement Accounts

12:58 Steps for Roth Conversion

16:47 When to Consider a Roth Conversion

19:27 Converting Traditional Accounts to Roth IRAs

21:23 Final Thoughts and Next Steps

Tax brackets for 2025
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In this episode of Wealth Para Todos, host Rita-Soledad Fernández Paulino, a queer Mexican-American money and self-care coach, emphasizes the importance of mid-year financial check-ins for business owners, particularly for Black, Indigenous, people of color, women, and LGBTQ+ individuals.

Soledad discusses their own journey in establishing Wealth Para Todos, LLC, and shares their experiences with pride and challenges in managing finances. The episode delves into five critical reasons for mid-year check-ins, key questions for assessing business finances, and offers strategies to adjust financial plans.

Additionally, Soledad touches on the emotional aspects of financial reviews, mindset shifts, and future planning. Listeners are encouraged to stay proactive with their finances to build both business success and personal financial security.

00:00 Introduction to Wealth Para Todos

01:13 The Importance of Mid-Year Financial Check-Ins

02:53 Top Five Reasons for a Mid-Year Financial Check-In

06:22 Key Questions for Business Financial Check-Ins

16:33 Growth, Future Planning, and Emotional Check-In

22:20 Forward Planning and Revenue Targets

25:45 Conclusion and Final Thoughts

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In this episode of Wealth Para Todos, hosted by Rita-Soledad Fernandez Paulino, learn the importance and benefits of conducting a mid-year financial check-in.

Soledad, a queer Mexican-American money and self-care coach, guides listeners through 15 compelling reasons to take stock of their finances mid-year. These reasons include reviewing income, savings, and debt payoff plans, reconnecting with financial goals set in January, updating sinking funds, and more. 

They also share personal updates on her financial journey, discussing her household income, investments, net worth, and financial goals. The episode emphasizes the importance of reflecting on financial habits and making intentional shifts to align with one's goals and wellness. Soledad concludes by inviting listeners to join Roth IRA office hours for further guidance.

00:21 The Importance of a Mid-Year Financial Check-In

00:54 Personal Financial Journey and Goals

02:58 15 Reasons to Complete a Mid-Year Financial Check-In

10:53 Soledad's Detailed Personal Mid-Year Financial Check-In

22:25 Looking Ahead: Financial Goals and Adjustments

25:36 Conclusion and Next Steps

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