Yanely Espinal, a savvy financial educator, shares her insights on avoiding money mishaps. She cautions against co-signing loans and making impulsive investments based on hype. Instead, she emphasizes the importance of high-yield savings accounts and 401k participation for long-term financial health. Espinal also offers practical strategies like comparison shopping for loans and encourages self-forgiveness for past mistakes. With her expert advice, listeners can build a more secure financial future.

Maybe you’ve got a little cash from that babysitting gig, a part-time job or even some birthday money. Now would be a great time to have a budget, which is basically a plan for how you want to spend (or save) your money. This week, Yanely Espinal talks with Berna Anat, the internet’s Financial Hype Woman (yes, that’s her job title) about some easy and practical ways to budget (spoiler alert: Astrology is involved). Think you’re financially inclined? Give budgeting a try: Make a monthly 50/30/20 budget with this calculator from NerdWallet Check out this zero-based budget guide from Best Wallet Hacks Watch an example of the cash envelope method on TikTok Take a look at Berna Anat’s new book, “Money Out Loud” Are you in an educational setting? Check out this listening guide and this worksheet. This podcast is presented in partnership with Greenlight: the money app for teens — with investing. For a limited time, our listeners can earn $10 when they sign up today for a Greenlight account at http://ww.greenlight.com/inclined.

Yanely Espinal, a thoughtful advocate for financial literacy, discusses the pervasive issue of online dark patterns that target teenagers. She reveals how manipulative design tricks can stealthily coax young users into revealing personal information or making unintended purchases. Espinal emphasizes the alarming statistic that three-quarters of subscription apps use these tactics and calls for increased awareness and better protection for digital consumers. Learn how understanding these strategies can empower teenagers to make smarter online choices.

Yanely Espinal, host of Marketplace’s Financially Inclined podcast and expert on personal finance and gambling, dives into the troubling rise of sports betting among teenagers. She discusses how online gambling has surged since a 2018 Supreme Court decision, with aggressive advertising targeting young users. Espinal highlights manipulative tactics used by gambling apps, the psychological dangers of gamification, and personal stories of addiction. She advocates for mental health approaches and effective resources to tackle the issue, emphasizing open communication.

Yanely Espinal, a financial educator and author of "Mind Your Money," shares her expertise on managing student loan debt. She discusses the emotional and practical realities of student loan repayment, emphasizing the importance of financial literacy. Yanely offers smart strategies like loan consolidation, automatic payments, and understanding credit scores to tackle debt effectively. She also addresses the risks of using retirement funds for repayment and encourages proactive financial planning to achieve independence from student loans.