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Marketplace All-in-One

First-gen finances

Marketplace All-in-One

Marketplace

Business, News

4.51.4K Ratings

🗓️ 15 December 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

Being a first-generation student can mean facing bigger financial pressures than your peers, with less generational knowledge and wealth. Yanely Espinal talks to Gigi Gonzalez, the First Gen Mentor, to help you navigate the unique pressures of being the first in your family – whether that’s being a first-gen American, first-gen college student, first-gen professional, first-gen entrepreneur or more!

 

Think you’re financially inclined? Check out these resources:

  • Prepare for a “money talk” with your family using this guide from CNBC

 

Are you in an educational setting? Here’s a handy listening guide.

 

This podcast is presented in partnership with Greenlight: the money app for teens — with investing. For a limited time, our listeners can earn $10 when they sign up for a Greenlight account.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey Parents and Teens, this episode of Financially

0:04.5

In Clined is presented in partnership with Greenlight,

0:07.4

the Money Up for Teens with Investing.

0:10.2

Today's episode examines the considerations

0:12.4

first-generation teens make when it comes to money and why those insights matter as we start saving for first apartments, cars, and new phones.

0:21.0

With Greenlight, you can invest to build long-term wealth, which ultimately unlocks

0:25.3

your financial independence for life.

0:28.6

For limited time, our listeners can get $10 and they sign up today for a Greenlight account at greenlight.

0:34.0

Greenlight.com slash inclined. That's Greenlight.com slash

0:37.0

I N.C.L.E.D. What's up everybody? I'm Janelle Espinal and welcome to financially inclined for marketplace.

0:51.0

We're sharing money lessons for living life your own way.

0:54.0

There's a reason why I'm so passionate when it comes to teaching teens about money. I'm a first

1:04.4

generation American and first generation college grad. Now when I went off to

1:08.7

college there was a lot that I didn't know about money and I didn't even know which questions to ask. Today's

1:15.1

guest, Gee, Gonzalez, has a pretty similar experience. She earned her degree

1:19.3

in economics with a certificate in investment performance measurement.

1:23.0

Then she worked in the financial sector for 10 years.

1:26.0

But as the first in her family to navigate these things,

1:30.0

she second-guessed a lot of her financial choices.

1:33.6

Now, her Tik-Toc account, the first-gen money mentor,

1:36.8

is a viral source of information for first-gen communities.

1:40.1

I'm so excited to talk to G.G. about what it's like to face financial pressures when you're the first in your family,

...

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