Latina Financial Education, Investing & Wealth Building: MoneyChisme
Welcome to Money Chisme, the go-to show for Latinas ready to take control of their financial future! Whether you're learning about investing for beginners, building generational wealth, or launching a side hustle, this podcast is designed to empower our comunidad with the tools and strategies to thrive. I break down the essentials of personal finance, real estate investing, and entrepreneurship in the Latina community, helping you grow your money while staying connected to your roots.
My mission is to close the racial wealth gap by sharing relatable success stories, practical advice, and wealth-building tips tailored for Latinas. Whether you're dreaming of financial independence or growing your business, we’ve got you covered. Tune in, level up, and let’s build the future we deserve—together!
Latina Financial Education, Investing & Wealth Building: MoneyChisme
116. How to Manage Your Money: 3 Budgeting Methods That Actually Work
If you want to feel more in control of your money, it starts with having a system — not guessing, avoiding, or hoping it works itself out.
In this episode, I break down what money management actually is, why tracking your money matters, and how choosing the right budgeting method can help you stop leaking money and start making intentional financial decisions. This is a practical, judgment-free breakdown designed especially for first-generation professionals and Latinas who were never taught how to manage money beyond “pay your bills and save what’s left.”
I walk you through three common budgeting styles, who each one is best for, and how to choose the one that aligns with your current financial season — without feeling restricted or punished.
We cover:
- Why tracking your money is important to reach your financial goals
- What money management really is
- What budgeting is (and why it feels restrictive)
- What is the 50/30/20 budget
- Why zero-based budgeting is one of the most effective budgeting methods
- What is a zero-based budget
- Why you need to give every dollar a job
- What happens when you don’t plan for every dollar you make
- What is the pay-yourself-first budget
- Which budget is the best for you
If budgeting has ever felt overwhelming, restrictive, or like a punishment, this episode will help you reframe it as a supportive tool — one that gives your money direction so it can work for you, not against you.
Mentioned in episode:
- Monthly Budget & Yearly Money Tracker - Get the free tracker here
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https://moneychisme.com/rental-property-bootcamp/
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Disclaimer:
I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.
*Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: MoneyChisme Affiliate Links and Paid Advertisers Disclosure.
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