In this episode of Money Talks News, the podcast explores the history and importance of financial independence, particularly for women, with special guest Jannese Torres. Jannese shares her personal journey from a toxic marriage to financial independence and discusses her award-winning podcast 'Yo Quiero Dinero,' which aims to educate women about financial literacy. The conversation covers effective financial strategies, side hustle ideas, the significance of legal agreements like prenups and postnups, and the psychological benefits of paying yourself as an entrepreneur. Jannese also introduces her new book, 'Financially Lit,' designed to guide Latinas through various financial challenges.
00:00 Introduction to Financial Independence
00:26 Meet Janice Torres: From Toxic Marriage to Financial Freedom
00:46 The Accidental Personal Finance Educator
01:28 The Birth of 'Yo Quiero Dinero' Podcast
02:30 Why Financial Independence is Crucial for Women
03:51 Practical Tips for Financial Freedom
04:46 Overcoming Bad Money Habits
07:07 Exploring Side Hustles and Income Streams
12:04 Success Stories and Entrepreneurship
17:26 Overcoming Public Speaking Anxiety
18:41 Building a Freelance Writing Career
19:58 Understanding Social Media Marketing
22:27 Financial Management for Entrepreneurs
24:31 The Importance of Prenups and Postnups
31:23 Conclusion and Final Thoughts
You can download the episode wherever you get your podcasts:
• Listen on Apple Podcasts (podcasts.apple.com/us/podcast...)
• Listen on Google Podcasts (www.google.com/podcasts?feed=...)
• Listen on Spotify (open.spotify.com/show/4XzsoL5...)
Don't forget to check out our podcast page (www.moneytalksnews.com/podcasts/) for more episodes designed to help you make the most of your money.
Building a business to improve your money choices
Did you know that a woman's right to get a credit card without the signature of a man is only 50 years old? It's true. Until the passage of the Equal Credit Opportunity Act (www.justice.gov/crt/equal-cre...) in 1974 financial institutions could discriminate against women who didn't have a male cosigner. The right for women to get a business loan without a male cosigner (www.congress.gov/bill/100th-c...) is even later-1988.
For women, having money can be especially important, but everyone can benefit from starting a business for income stability and a shot at a better life. Owning your own business can also facilitate:
• Leaving a bad job or just getting a better job
• Walking away from a toxic relationship
• Moving to a better situation
• Build an emergency fund
Even if you don't plan to use a business to replace a day job, having a side business or other type of income diversity can expand your choices. It can be part of your financial independence journey (www.moneytalksnews.com/the-st...) . Regardless of where the money comes from, our article on building a financial plan for the life you want (www.moneytalksnews.com/slides...) can help you figure out how to establish your priorities and make money choices that work for you.
Tips for building a successful business
This episode includes practical tips for building and protecting your business. For more ideas on getting started, check out our podcast episode on how one man built a business empire by selling lipstick and bras (www.moneytalksnews.com/side-h...) .
Jannese shares some of her best tips for getting started, including:
• Understanding what you have to offer potential customers and clients
• Focusing on going to where those who need you actually are, including being choosy about which social media platforms you spend time on
• Choose your advertising strategy based on where customers and clients are likely to be
• Create compelling content
• Don't forget about business planning, including planning for taxes and creating a separate bank account to handle business income and expenses
• Look into different legal insurance, business insurance or other insurances you need to protect your business
• If you're planning on getting married, get a prenup (www.moneytalksnews.com/benefi...) that protects your business assets and preserves them for you in the event of a divorce
• Consider a postnup if you start your business after getting married
14 июл 2024
