The Lazy Way to Build Wealth with Chloe Daniels
Yo Quiero Dinero
Jannese Torres
4.8 • 616 Ratings
🗓️ 2 March 2026
⏱️ 43 minutes
🧾️ Download transcript
Summary
Honestly, I don't know why it took me this long to get Chloe Daniels — aka Clo Bare Money Coach — on the show, because she is a whole badass and we have been living parallel lives for years. She went from a torrential relationship with money (including being financially trapped in a dangerous situation abroad) to becoming one of the most refreshing voices in personal finance.
Her approach is called lazy investing — and before you scroll past that, hear her out. Because when BlackRock ran 100 years of market data, the results backed it up. We're getting into all of it: the mindset blocks keeping women out of the market, why Wall Street jargon is gatekeeping on purpose, the truth about financial advisors, and the simple strategy that actually builds wealth long term.
WE GET INTO:
- 00:00 - Intro: Why It Took Us This Long to Do This Episode
- 00:46 - Meet Chloe Daniels: From Side Hustle to Full-Time Finance Coach
- 04:05 - The Childhood Money Belief That Held Her Back
- 05:03 - Financially Trapped in an Abusive Relationship Abroad
- 07:31 - Rebuilding Self-Trust and Becoming Your Own Hero
- 09:05 - Wall Street Gatekeeping and the Paralysis of Conflicting Info
- 11:47 - The Real Stats on Diversity in Financial Advising
- 14:35 - What "Lazy Investing" Actually Is (and Why It Works)
- 18:42 - ETFs vs. Index Funds vs. Mutual Funds: What You Need to Know
- 20:45 - How to Figure Out Your Investor Type and Build Your Portfolio
- 24:21 - The Common Mistake: Money Sitting Uninvested in a Brokerage
- 27:11 - How to Calculate Your Retirement Number Using the 4% Rule
- 36:16 - The One Thing to Do If You're Not Investing Yet
- 38:46 - Lightning Round: Roth vs. 401k, DIY vs. Advisor, and More
KEY TAKEAWAYS:
- Why investing feels hard on purpose — and how to cut through it
- The difference between investing and trading (and why most people confuse them)
- How to determine your investor type before picking a single fund
- Why your 401k money might be sitting uninvested without you knowing
- How to use the 4% rule to calculate your actual retirement number
- Why the compound interest calculator is the mindset shift you didn't know you needed
- Why the answer isn't cutting back — it's making more money
CONNECT WITH CHLOE:
TAKE THE NEXT STEP:
This episode of Yo Quiero Dinero was produced by Heart Centered Podcasting.
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | This week on |
| 0:02.2 | If you bought and held on to it for 15 years or more, |
| 0:06.4 | you had like a 99.8% chance of making money and only like a 0.2% chance of losing money. |
| 0:13.0 | And like that's what we're talking about. |
| 0:14.9 | When it's humans like us who have full-time jobs, who are doing things with our days, |
| 0:19.9 | the last thing we need |
| 0:21.0 | when it comes to investing is something complicated. Lazy not only works, but it's also something |
| 0:25.6 | that you're going to stick to. Retirement's actually not an age. It's a amount of money that you |
| 0:30.6 | need to have invested across all of your accounts so that you can withdraw 4% and never run out of money. |
| 0:38.2 | I promise you, you're going to be so grateful that you have that extra million |
| 0:43.1 | if you are trying to live off of Social Security alone. |
| 0:46.7 | And so I think having that real conversation of like, hey, guess what? |
| 0:51.3 | If you don't try, you're going to have nothing. |
| 0:56.4 | You're listening to Yo Quiero Dinoero, a personal finance podcast for the modern Latina. |
| 1:02.4 | I'm your host, Janice Torres, award-winning Latina personal finance expert. |
| 1:07.1 | I didn't always have my financial shit together, but when I started looking for POC-friendly |
| 1:11.8 | personal finance podcasts, I couldn't find any. And so Yo Quiero Dino was born. On this show, |
| 1:17.4 | I'll show you how to make dinero, how to keep your Dino, and most importantly, how to make it grow. |
| 1:22.9 | Each week, I'm connecting you with the most brilliant minds in the world of money and business. |
| 1:27.5 | So you can learn about investing, entrepreneurship, and building wealth. |
| 1:31.1 | The best part, I'm dishing up all this knowledge with a sassy side of sason. |
| 1:36.4 | So if you're ready to be Poderosa with your Dinerro, you've come to the right place. |
... |
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