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So Money with Farnoosh Torabi

1071: How to Live on the Smallest Budget with Jully-Alma Taveras, Founder of Investing Latina

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 20 July 2020

⏱️ 22 minutes

🧾️ Download transcript

Summary

What is the LEAST amount of money you could spend each month, while staying current with bills and other financial responsibilities? Guest Jully-Alma Taveras is the founder of Investing Latina on Instagram and YouTube, an online community for financially powerful women. She is also a Contributor to Next Advisor where she's provided a strategy for how to live on the smallest budget possible. She, herself, has calculated she can live on less than $600 a month. How? You'll have to listen! More about Jully: She is a writer and producer and you can find her on Youtube where she creates videos to educate women about personal finances, investing, and entrepreneurship. Check out Jully's work; Youtube: https://www.youtube.com/investinglatina Instagram: https://www.instagram.com/investinglatina/ Twitter: https://twitter.com/investinglatina Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So Money episode 1071, Julie Almataveras, founder of Investing Latina.

0:06.0

You're listening to So Money, with award-winning money guru Farnu Shorabi.

0:12.0

Each day get a 30 minute dose of financial inspiration

0:15.0

from the world's top business minds, authors, influencers,

0:19.0

and from Farnu's yourself.

0:21.0

Looking for ways to save on gas or double your double coupons?

0:25.0

Sorry, you're in the wrong place.

0:27.0

Seeking profound ways to live a richer, happier life.

0:30.0

Welcome to So Money. My parents themselves didn't grow up with much.

0:37.0

So there was this sense of, well, how can you budget if you don't really have much money, if you don't really have much money if you don't really own a lot of

0:45.4

assets. What is your survival number? Our guest today is a master at

0:51.4

budgeting even though as you just heard her describe she

0:53.7

didn't grow up with all the best financial literacy or know-how but she is

0:58.0

self-taught and she is teaching a large community of Latino women primarily on her YouTube and Instagram investing

1:06.9

Latina. Welcome to So Money everybody. I'm your host,

1:09.8

Faroosh Tarabi. Julie alma Taveras joins us. I'm so excited. She and I are

1:15.2

co-contributors to next advisor.com. As you know, I've been bragging about it.

1:21.2

Next advisor is my new favorite personal finance platform. I'm so lucky to contribute there.

1:26.6

It is a new platform that has so much great rich information on how to save and how to build your credit, how to buy a home, how to

1:34.7

budget in this climate, in this recession. How do we do it? Julie and I talk about

1:39.6

her immigrant roots investing at the young age of 19 and how she got herself out of five

1:44.8

figures worth of credit card debt. It's debt that she hasn't even told her parents

...

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