In this episode of Wealth Para Todos, host Rita-Soledad Fernandez Paulino shares her personal journey from shame-based financial practices to a joy-filled and sustainable approach to wealth building. Soledad recounts her experience of paying off $23,000 of student loan debt in four months using a punishing internal dialogue fueled by shame, a mindset she later realized was harmful. She offers insights into how shame and rigid financial goals can disrupt self-trust and emphasizes the importance of self-compassion and community support in financial planning.

Key lessons from this episode include rejecting shame as a motivator, practicing self-discipline with self-love, and leaning on community for encouragement. Soledad concludes by inviting listeners to build wealth with patience, joy, and self-care.

00:00 Introduction to Wealth Para Todos

01:04 A Scary Time in My Financial Journey

01:39 The Impact of Shame-Based Financial Approaches 04:09 The Rigid Debt Payoff Plan

08:00 The Consequences of Extreme Frugality

14:34 Shifting to a Compassionate Financial Approach

16:34 Key Lessons and Final Thoughts

In this episode of Wealth Para Todos, host Soledad, a queer Mexican American money and self-care coach, dives into the common limiting beliefs many people, especially from marginalized communities, hold about money.

Soledad shares personal stories and insights on how beliefs like 'some people are born with money,' 'avoid credit cards,' and 'trading time for money is the only way to earn' have shaped her financial journey. They emphasizes the importance of shifting these mindsets to build financial security and offers actionable steps for listeners to reframe their beliefs and enhance their financial literacy. Soledad also touches on the value of interdependence, the downsides of extreme frugality, and the misconceptions around home ownership.

Tune in to learn how to start shifting your mindset to achieve financial freedom without compromising your wellness.

00:00 Welcome to Wealth Para Todos

00:29 Common Limiting Beliefs About Money

00:55 Beliefs Before 2019

01:55 Born with Money vs. Creating Financial Security

04:05 Fear of Credit Cards and Debt

06:17 Trading Time for Money

07:56 Independence and Financial Reliance

09:31 Homeownership and Financial Security

11:28 Keeping Expenses Low vs. Wellness

13:50 Money is Meant to be Spent

15:05 Changing Money Beliefs

18:56 Conclusion and Next Steps

In this episode, Soledad reflects on their journey from believing that saving $30,000 was impossible to now having $80,000 in savings, purchasing a million-dollar home with a significant down payment, and running a successful money and self-care business. The episode dives into the motivations and mission behind the Wealth Para Todos platform, emphasizing community support and self-care, and outlines what listeners can expect from the podcast moving forward.

List of personal finance books from POC authors.

Do you dream of becoming work-optional—working because you want to, not because you have to? If financial security feels out of reach, amor, you’re in the right place.

In this episode, I’m introducing Wealth Para Todos, a podcast dedicated to helping BIPoC, women, and LGBTQ+ folks create financial plans to retire early—without sacrificing their wellness, even in a capitalist world.

I’m your host, Rita Soledad Fernandez Paulino, a queer, Mexican American money and self-care coach on a mission to help you build wealth with compassion and intention.

Each week, you’ll learn how to:

Together, poco a poco, we’ll build wealth juntos. Are you ready? Let’s get started!