Ep. 33 | How To Get Out Of Debt, Save And Invest With Yanely Espinal
yanely"YOUR FINANCIAL NET WORTH IS NOT YOUR SELF WORTH. THERE’S NO PRICE TAG ON WHAT YOU BRING TO THIS WORLD"
Yanely is a dynamic financial educator and storyteller whose relatable approach to money has helped thousands reimagine their financial futures. You’ll hear us talk about transforming financial habits, embracing your worth beyond numbers, and trusting your passion to guide you toward lasting success.
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In this episode, we sit down with Yanely Espinal, a Brown University graduate, Brooklyn native, and trailblazer who’s making personal finance engaging and accessible. As the first college graduate in her family, Yanely recognized the glaring absence of financial education in her academic journey, sparking her mission to empower young people with the financial knowledge they need to succeed.
We explore Yanely’s inspiring career path from Teach For America to launching a YouTube channel where she breaks down budgeting, credit management, savings, investments, and more. As Director of Educational Outreach at Next Gen Personal Finance and a contributor to CNBC’s Financial Wellness Advisory Council, Yanely shares her expertise with a wide audience.
Join us as we dive into Yanely’s story as a first-generation achiever, her transformative insights into money psychology, and the wisdom behind her book Mind Your Money, packed with stories and strategies to guide your financial journey. We also take on Suze Orman’s “90 Days of Spending Habits” challenge, dissecting our own spending behaviors and gaining valuable lessons from Yanely’s advice.
Show Topics:
Yanely’s journey as a first-generation college graduate
The lack of financial education and its impact
Budgeting, credit, saving, and investing basics
Money psychology and mindset shifts
Insights from Mind Your Money
Taking on Suze Orman’s “90 Days of Spending Habits” challenge
TIMESTAMPS
0:00 Intro
02:52 Reconnecting and Reminiscing
05:54 Cultural Influences and Personal Finance Journey
08:04 Overcoming Financial Challenges
14:12 Building Financial Confidence
15:32 Systemic Issues in Banking
20:19 Starting Your Financial Journey
32:10 The Role of Financial Advisors
37:54 Understanding Fiduciary Financial Advisors
38:59 Debt Repayment Strategies: Avalanche vs. Snowball
43:48 Achieving Zero Net Worth and Beyond
45:14 Smart Spending and Saving Habits
52:17 Investing for the Future: Real, Intangible, and Financial Assets
54:27 Relatability and Financial Education
01:09:25 Handling Influxes of Cash as a Freelancer
ABOUT yanely espinal
Yanely Espinal is a passionate personal finance educator and advocate dedicated to making money management simple and relatable. Growing up as the first college graduate in her family, Yanely understands firsthand the challenges of navigating financial systems without formal education. She leverages her experience to empower young people to take control of their finances through clear, practical advice.
As Director of Educational Outreach at Next Gen Personal Finance and a trusted voice on CNBC’s Financial Wellness Advisory Council, Yanely breaks down complex financial topics into engaging content across platforms, including her popular YouTube channel. Her book Mind Your Money offers a fresh perspective on money mindset and actionable strategies to build lasting financial confidence.
Follow Yanely on all social media platforms
Instagram | TikTok | YouTube | Website
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