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Yo Quiero Dinero

Ask Jannese: 401Ks, Side Hustles, and FI/RE

Yo Quiero Dinero

Jannese Torres

Saving, Entrepreneurship, Business, Investing, Wealth, Personal Finance For Latinas, Personal Finance, Budgeting, Finances, Generational Wealth, Equal Pay, Financial Literacy

4.9607 Ratings

🗓️ 17 August 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

Check out our latest IG live replay as our host Jannese answers listener questions and talks all things 401Ks, side hustles and FI/RE!

Episode 228 Highlights:

  • How to juggle between side hustles and a FT job
  • At what point did Jannese realize she reached FI (financial independence)
  • How long did it take her to reach FI/RE
  • Should you contribute to a ROTH IRA or a 401K?
  • How to invest as a newbie
  • Do you need a financial advisor to manage your dinero?
  • Managing her property in Puerto Rico when she’s not living there full time
  • How to handle old retirement accounts
  • What bank is good to start a 401K?

Book recommendations:

Resources mentioned:

Capitalize

Want to turn your passion in profit? Sign up for our FREE MASTERCLASS to learn how Jannese was able to take a side hustle into a full time entrepreneurial career, and how YOU can too! During this live class, we’re gonna have f*ck-ton of fun learning how to bring in more dinero each month with a side hustle you love. This webinar will give you a clear road map for starting and growing a profitable side hustle. From mindset and monetizing your ideas, to managing taxes and a lot more. GRAB YOUR SEAT TODAY!

Loving episode 228? Leave us a review if you’re listening on Apple Podcasts and follow us on Instagram & YouTube!

Until next time, stay empowered, stay inspired and #staypoderosa ✨ 

BetterHelp—Professional support when you need it, at the fraction of the cost of in-person therapy. Get 10% off your first month with our sponsor👉🏼 https://betterhelp.com/dinero


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Transcript

Click on a timestamp to play from that location

0:00.0

In February of 2020, I became debt-free because of my food blog, because of side hustling.

0:04.9

Okay. Side hustling is such a powerful way to, like, accelerate your financial goals. It's a game changer. And that's why I will always talk about increasing your income more than I talk about other stupid shit that you could do, like, go and open a high-yield savings account. Okay, fine. Yeah, go do that. But like, go make more money. that's how you get to the shit

0:02.0

do you want to achieve in life.

0:03.7

Go make more money that's how you get to the shit that you want to

0:22.0

achieve in life go make more money you're listening to joquiero dinero a personal finance podcast

0:31.7

for the modern latina i'm your host jenise torres award-winning Latina personal finance expert.

0:38.3

I didn't always have my financial shit together, but when I started looking for POC-friendly

0:42.9

personal finance podcasts, I couldn't find any.

0:45.9

And so Yoquiero Dino was born.

0:47.6

On this show, I'll show you how to make Dineiro, how to keep your Dino, and most importantly,

0:52.7

how to make it grow.

0:54.0

Each week, I'm connecting you with the most brilliant minds in the world of money and business.

0:58.6

So you can learn about investing, entrepreneurship, and building wealth.

1:02.2

The best part, I'm dishing up all this knowledge with a sassy side of sason.

1:07.5

So if you're ready to be Poderosa with your dinero, you've come to the right place.

1:12.3

Let's dive in.

1:15.0

Before we hop into today's conversation, I want to remind you to follow us on social.

1:19.8

If you're loving this podcast and you want more community, you want to find out more about our

1:23.7

events and all the stuff that we have going on behind the scenes.

1:27.0

You can find us on

1:27.8

Facebook, Twitter, TikTok, YouTube, Instagram, and everywhere else you love to hang out on the

1:34.4

internet. If you're loving this podcast, please take a moment to leave us a review if you listen to

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