The Best Savings and CD Rates Could Rise Even Higher After Next Week’s Fed Meeting
By Dashia Milden | December 7, 2022
With just over one week until the Federal Reserve’s last meeting of the year, CD and savings rates are still rising across the board.
As the Fed’s next decision looms, not only are experts predicting another rate hike, but the Fed Chairman himself has signaled that rates will need to go higher to tame inflation.
“We will stay the course until the job is done,” Chairman Jerome Powell said in a speech last week.
But the results of this year’s high interest rates, designed to tame runaway inflation, so far lag behind the Fed’s rate decisions. Despite a lower Consumer Price Index last month, “It will take substantially more evidence to give comfort that inflation is actually declining,” Powell said. “By any standard, inflation remains much too high.”
How to Earn, Keep, and Grow your Money with Joe Bautista ( Money Tips from a CFP )
By Black and Brown Make Green podcast | Septembe 7, 2022
Joe Bautista is a Certified Financial Planner with Bautista Planning and Analytics. He is all about self-motivation, growth, and development. He is the author of The More You Know, The More You Grow and Your Daily Cup of Joe, a book with daily micro lessons to fuel your personal development. Joe joins us as the final CFP in our Money Tips from a CFP series. We talk about earning, keeping, and growing your money, living abroad, how he is prioritizing his spending now, and more. Joe started his career in the marines, has worked in D.C., and currently lives abroad in Columbia. Joe has such a varied background. He is the son of a Mexican immigrant who had a 3rd grade education. His parents declared bankruptcy when he was in high school, but none of those obstacles have slowed him down! Listen in to learn all about Joe and his tips and strategies for growth.
President Biden Canceled Some Student Loan Debt, but Systemic Inequality Still Burdens Black Borrowers
By Kimanzi Constable | August 29, 2022
When President Biden announced his administration would forgive $10,000 for borrowers making less than $125,000 annually, he effectively eliminated the student loans of 32% of all borrowers.
He also announced $20,000 in relief for those who received federal Pell grants, which are earmarked for low-income scholars, and extended the pause on student loan repayments until Dec. 31, 2022.
According to the Federal Reserve, the total student debt is estimated to be $1.75 trillion. Black students have to rely more on loans, and the average Black borrower still owes 95% of their balance 20 years later, according to the NAACP. While many borrowers are celebrating having their student loan debt forgiven, systemic inequality for Black borrowers still exists.
Roe v. Wade highlights how some advisers navigate controversial issues on social media
By Ryan W. Neal | August 4, 2022
Social media offers financial advisers a way to establish a personal brand and build connections with clients and prospects, but controversial issues like abortion can be a tricky area for professionals to navigate. While Fisch said she received unanimously positive feedback, not every adviser agrees that it’s their place to weigh in on politically fraught issues.
People Keep Quitting Their Jobs Even as Recession Fears Mount
Charlie Wells and Claire Ballentine | June 6, 2022
US workers can’t quit quitting.
Two years into the Great Resignation, which saw an unprecedented number of workers change jobs during the pandemic, the economy has shifted. Inflation is running hot. Recession fears are growing. The stock market is turbulent. Yet workers continue to ditch their jobs in record numbers — many knowing full well that the outlook is beginning to dim.
In the latest data, 4.4 million Americans voluntarily left their jobs in April alone. That’s among the highest levels in figures going back to 2000. And the trend shows no signs of slowing down: a third of American workers said they were considering quitting in the next six to 12 months, according to a recent survey by human-resources firm Mercer.
Should you prepare for a stock market crash this year?
Myles Ma | February 2, 2022
The S&P 500 finished January down 5.3%, its worst month since March 2020.
There are good reasons for pessimism about the markets: Inflation is up more than 7%. Everything from gas to groceries and cars is more expensive. And the expected cure is higher interest rates. The Federal Reserve is likely to raise rates multiple times in 2022. Higher rates tend to make stocks less attractive.
Buy Now, Pay Later Is Everywhere. Should You Opt In?
Jackie Veling | Oct 2, 2021
If there was any doubt that the rapidly expanding buy now, pay later industry is here to stay, new developments have put that question to bed.
In recent months, the country’s two largest retailers have announced or formalized partnerships with popular buy now, pay later providers, making these payment plans virtually unavoidable for most shoppers.
But is this type of financing, which lets you break up your shopping bill into a series of smaller payments, the right way to fund your next purchase?
Eight Scenic Remote Working Setups for Advisors
Samuel Steinberger | Mar 15, 2021
Working remotely, or the virtual office—these are phrases that have taken on a different meaning for some advisors after a year of pandemic-related lockdowns and social distancing. While many advisors turned to kitchen tables, couches or home offices, others decided to create their own definitions of “remote.” Some embarked on short-term sabbaticals, others used it as an opportunity to work from the road, the country or a different country, while others reclaimed ice sheds and launched boats as office space.
Episode 25: Joe Bautista – An investment advisor from the USA, now living in Colombia, South America
Samuel Steinberger | Mar 15, 2021
Joe Bautista talks about family life, his parents almost going broke, military life, free college, working at the Pentagon, becoming a registered investment advisor and now helping other Latinos learn the tips and tools to successfully handling their finances and taking control of their future.
“Coaching Latino Professionals to grow physically, mentally, emotionally, and spiritually so they can have better careers, better relationships, and personal finances.”
Cafe Con Pam Podcast – Exploring Your Identify and Creating Wealth with Joe Bautista
By Pam Covarrubias – Dec 20, 2020
Joe Bautista is the author of the book, “More You Know, More You Grow: How to Get Better Every Day” and the owner of Grow With Joe, LLC, a company that combines financial planning with development coaching. He is from Oregon and had a 7-year career in the Marines, where he attained the rank of sergeant, was stationed in Hawaii, Okinawa, Japan, North Carolina, and Portland, Oregon, and did one tour in Iraq in 2007.
Three Ways To Travel The World Without Going Broke
By Anna Bahney – Dec 11, 2019
“If you want to become a global nomad you either need to have a job where you can telework, have enough savings to live on the cheap or have a gig that is generating income along the way,” said Joseph Bautista, a financial adviser at Grow With Joe.
Her Dinero Matters – How to Become a Financial Planner (and Why Latinos Should Care) with Joe Bautista | HDM 183
by Jen Hemphill on August 15, 2019 in HDM Podcast, Podcast
Have you ever wondered how to become a financial planner? In this episode, Joe Bautista shares exactly what it takes. He also shares why Latinos should pay more attention to this field.
What you’ll learn about in today’s episode:
The decision he made when learned that his parents declared bankruptcy
The stats of Latino financial planners vs the Latino population in the U.S.
What it really takes to become a financial planner
His best tips for anyone considering a career as a financial planner
S4E5 – Relate + Elevate 27: Grow With Joe
Published October 20219
In this episode you’ll meet Joe, a financial planner for Latino professionals. Learn about his journey from the military to working in Washington D.C. to now owning his own business. Follow him on Instagram @growwithjoe. Visit my website to learn some business strategy tips and self-care activities on my blog. Contact me [email protected] to work with me and click here to sign up for one of my online courses. Follow me on Instagram @giselsworld and on Facebook @gmstrategist…and please rate, review, and subscribe to this podcast!
How living in a Mexican beach town for under $850/month is helping a 35-year-old from Oregon achieve his goals
Published Tue, Feb 23 20219:49 AM EST by Ryan Ermey
“There’s two ways to become wealthy – you can create it, or you can save up to it.”
Though lots of people hope to end up in a lucrative and personally fulfilling career, the routes people take to get there can vary drastically. Some people’s paths are relatively straight: A successful physician very well might draw a line from playing doctor as a kid to AP biology to pre-med undergrad studies, to med school, to a career in medicine. Others take a more circuitous route.