Two billion people now live in nations plagued by water problems, and almost two-thirds of the world could face water shortages in just four years. The United Nations has long warned that human-driven climate change is leading to severe droughts and more flooding, making water availability increasingly less predictable. In California, the most recent acute…
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Key Takeaways Key terms to know before you start investing include dividends, Earnings per share, Share Price, ticker symbol, and that Stocks, shares, and equities mean the same thing. There are no magic formulas for investing success. There’s little standing between you and successful investing, except a little research and a solid understanding of the…
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Key Takeaways You should invest because investing is a powerful way to grow your wealth. Stocks and mutual funds have historically provided great returns over long periods Investing lets you get a piece of the pie. It doesn’t just have to be through the stock market. You can invest in real estate, currency, vintage cars,…
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PART 2: KEY TAKEAWAYS Tax-Exempt accounts provide future tax benefits because your withdrawals at retirement will not be subjected to taxes, unlike a traditional IRA, and 401k where you are taxed when withdrawing money later in retirement. Two types of Tax-Exempt accounts are Roth IRA Is an individual retirement account (IRA) that allows qualified withdrawals…
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KEY TAKEAWAYS Social Security can add some padding to your retirement income, but don’t count on it to be your sole source if income Traditional IRA and 401(k) are two main types of Tax-deferred retirement savings accounts. The main differences between these two account options is that a 401(k) must be sponsored by an employer,…
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KEY TAKEAWAYS Budgeting is a plan to manage your spendings and savings There are numerous benefits to budgeting but most importantly setting a budget forces you to map out your goals and set your own limits. A popular budgeting plan is the 50-20-30 rule of thumb. 50% towards essentials 20% towards your financial goals and…
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SAVINGS “Hispanic families are among the least prepared for a financial emergency, with 27% having less than 1 month of expenses saved. And only 21% of Latinx families have set aside enough money to cover more than 6 months of expenses” KEY TAKEAWAYS: Saving money for the future is important to achieve some financial security. Savings…
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EPISODIO 4: AHORROS “Las familias hispanas están entre las menos preparadas para una emergencia financiera, con el 27% solo teniendo menos de un mes de gastos ahorrados. Y sólo el 21% de las familias latinas han reservado suficiente dinero para cubrir más de 6 meses de gastos” PUNTOS IMPORTANTES: Ahorrar dinero para el futuro es…
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