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, host of Marketplace’s 'Financially Inclined' podcast, unpacks the rising trend of sports betting among teenagers. She highlights how aggressive marketing and manipulative app designs lure young users into gambling. Espinal discusses alarming statistics about college students engaging in these activities and the parallels between kids’ mobile games and gambling tactics. She emphasizes the risks of addiction and urges awareness of the long-term mental health implications for youth caught in this web.