Ep. 38 | ‘How to Invest’ for Creatives with Financial Educator, Yanely Espinal
yanely"THE STOCK MARKET IS FOR YOU. NO ONE’S THERE TO TELL YOU NO. JUST GO ON AND BUY INVESTMENTS."
Yanely is a passionate financial educator and storyteller who empower creatives to take control of their money and build lasting wealth. I’m excited to share her expertise on the show. You’ll hear us talk about investing strategies tailored for creatives, overcoming financial challenges, and cultivating a mindset that supports both growth and abundance.
description:
In this episode of It Takes A Village with Delina Medhin, Yanely Espinal returns to share her expert guidance on saving, investing, and wealth-building, especially for creative entrepreneurs. As the force behind the MissBeHelpful YouTube channel and author of Mind Your Money, Yanely recounts her own transformation: paying off $20,000 of debt in just 18 months on a $40K salary in New York City, and her mission to make financial knowledge truly accessible.
Yanely breaks down personal finance with clarity, offering actionable advice and practical tips. From mastering saving strategies to understanding investments, she equips listeners, especially creatives, with the tools to secure their financial health while pursuing artistic passions.
Show Topics:
Yanely’s inspiring financial journey
The value of high-yield savings accounts
Fundamentals of stocks vs. bonds
Choosing a fiduciary financial planner or advisor
Understanding Roth IRA and tax benefits
Smart investing and risk management for creatives
Strategies to build wealth in uncertain income streams
Embracing a growth mindset with your finances
TIMESTAMPS
0:00 Intro
01:55 The Importance of Listening Twice
08:00 High Yield Savings Accounts Explained
18:38 Investing in Real Estate vs. Stock Market
30:10 Understanding Stocks and Bonds
34:56 The Impact of Inflation and Government Policies
43:20 Building a Financial Team
44:05 Understanding Fiduciary Responsibility
44:54 Choosing the Right Financial Advisor
46:22 Fee-Only vs. Fee-Based Advisors
47:11 The Importance of Financial Consultations
48:48 Introduction to Stock Market Basics
51:15 Exploring the S&P 500
52:13 Benefits of Roth IRA
54:39 Maximizing Roth IRA Contributions
59:07 Avoiding Common Investment Mistakes
01:04:08 Impact of Investment Fees
01:13:08 Tax Implications of Investing
01:17:10 Building Wealth Through Investments
01:20:03 Financial Advice for Creative Entrepreneurs
ABOUT yanely espinal
Yanely Espinal is a Brooklyn-born educator, bestselling author, and creator of the MissBeHelpful YouTube channel (with over 4 million views). A former teacher, Yanely became debt-free after paying off $20,000 in just 18 months and has made it her mission to empower others to take control of their finances. Her bestselling book, Mind Your Money, was released in May 2023 and quickly became an Amazon Bestseller.
Yanely currently serves as Director of Educational Outreach at Next Gen Personal Finance, advocating for comprehensive money education in schools. She also hosts Financially Inclined from Marketplace, a podcast that helps teens learn money skills for real life
Follow Yanely on all social media platforms
Instagram | Facebook | TikTok | X(Twitter) | YouTube | Website
Check out her book Mind Your Money here
LISTEN TO THE EPISODE
If you love the episode, please share it with a friend and leave us a review! It means the world to me and helps more people to find and join the community.
Join us by shouting out and celebrating your village by using the hashtag #ShareYourVillage