Wealth Para Todos: Financial Security through Self-Care Titelbild

Wealth Para Todos: Financial Security through Self-Care

Wealth Para Todos: Financial Security through Self-Care

Von: Rita Soledad Fernandez Paulino
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 On this weekly podcast, I’ll teach you how to practice D.I.V.E.R.S.E. self-care daily, build financial literacy, review your finances with ease, and grow your income. Poco a poco, we’ll build financial security through self-care juntos! Hygiene & gesundes Leben Persönliche Entwicklung Persönlicher Erfolg Seelische & Geistige Gesundheit
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  • #55: Tax Basics Everyone Should Know: Filing Status, Tax Brackets, Deductions, Credits, etc.

    #55: Tax Basics Everyone Should Know: Filing Status, Tax Brackets, Deductions, Credits, etc.
    Feb 22 2026
    Sign-up for Roth IRA Office Hours Book a 1:1 Coaching Discovery Call Taxes don’t just happen once a year — they shape your paycheck, side hustle income, investments, benefits, and long-term wealth. In this beginner-friendly episode, Rita-Soledad Fernández Paulino (they/them), queer Mexican-American money and self-care coach and founder of Wealth Para Todos, breaks down how taxes actually work in the United States so first- and second-generation wealth builders can stop guessing and start planning. If you’ve ever wondered why some people get large tax refunds while others owe money, what income must be reported, or how deductions and credits affect your tax bill, this episode provides a clear, compassionate foundation — no accounting background required. They explain who should file taxes (including people who may not be legally required but could receive refunds or refundable credits), how withholding and estimated tax payments determine whether you get a refund or a bill, and why refunds are not “free money” but the result of overpayment or tax credits. You’ll learn how filing status impacts your taxes — including single, married filing jointly, married filing separately, head of household, and qualifying surviving spouse — along with the 2025 standard deduction amounts (Single: $15,750; Married Filing Jointly: $31,500; Head of Household: $23,625). The episode also breaks down progressive tax brackets using a real example of a single filer with $50,000 in taxable income, showing how only portions of income are taxed at higher rates. Soledad clarifies the difference between gross income and taxable income and demonstrates how pre-tax retirement contributions can reduce the amount of income subject to tax. They compare the standard deduction versus itemized deductions and share a real-life example of itemizing due to significant mortgage interest ($50,127.44), property taxes (~$20,000), and charitable donations exceeding the standard deduction. You’ll also hear a clear explanation of deductions vs. tax credits — one of the most important concepts in tax planning. The episode covers common deductions and adjustments (such as student loan interest, IRA contributions, HSA contributions, and self-employed expenses) along with new or notable 2025 deductions, including qualified tips, overtime pay, passenger vehicle loan interest, and the enhanced senior deduction. Key tax credits discussed include: Earned Income Tax Credit (EITC)Child Tax CreditCredit for Other DependentsChild and Dependent Care CreditAdoption Tax CreditAmerican Opportunity CreditLifetime Learning CreditPremium Tax Credit for health insuranceSaver’s Credit for retirement contributionsClean energy and home improvement credits Soledad emphasizes that credits reduce your tax bill dollar-for-dollar and that some are refundable, meaning you may receive money back even if you owe little or no tax. The episode also covers what income must be reported to the IRS, including: W-2 wages and salariesFreelance or side hustle income (even without a 1099)Business profitsInterest from savings accountsDividends and capital gainsRental incomeUnemployment benefitsBonuses, prizes, and gambling winnings They highlight that passive income from high-yield savings accounts and taxable brokerage accounts is taxable — using an example of $50,000 earning 4% interest generating $2,000 in taxable income. Additional topics include: How to estimate whether you’ll receive a refund or owe taxesEnsuring proper withholding from paychecksPaying quarterly estimated taxes if self-employedKey deadlines (typically April 15)Extensions (more time to file, not more time to pay)Late filing penalties (up to 25% of unpaid taxes)IRS payment plansFederal vs. state taxes (including states with no income tax)Recordkeeping best practices for auditsA real experience with an IRS audit that resulted in an additional refund Throughout the episode, Soledad reframes taxes as an essential part of financial planning and dinero self-care — a system that can be understood and navigated with the right support. They close by encouraging listeners to seek professional guidance when needed, share the episode with someone who was never taught about taxes, and sign up for their free monthly Roth IRA Office Hours (held every second Tuesday). 00:00 — 1-Year Podcast Anniversary + Gratitude Through a Tough Year 01:19 — Welcome & What You’ll Learn About Taxes Today 02:39 — Breaking the “Don’t Earn More” Tax Myth 04:06 — Filing, Withholding, Refunds vs. Owing 04:46 — Who Should File Even If Not Required 05:42 — Filing Status & Standard Deduction Basics 07:40 — Tax Brackets Explained (Progressive System) 09:23 — Gross vs. Taxable Income + Retirement Strategies 11:55 — Standard vs. Itemized Deductions 13:33 — Deductions vs. Credits 15:55 — Major Tax Credits to Know 18:25 — Passive Income & Reporting Requirements 20:15 — Planning Ahead: Withholding &...
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    25 Min.
  • #54: The Root Fear of Disappointment: How to Have Your Own Back During a Launch

    #54: The Root Fear of Disappointment: How to Have Your Own Back During a Launch
    Feb 15 2026

    Sign-up for Roth IRA Office Hours

    Book a 1:1 Coaching Discovery Call

    In this episode of Wealth Para Todos, host Rita-Soledad Fernandez Paulino, a queer Mexican-American money and self-care coach, addresses the complexities of handling rapid business growth and financial expansion.

    Inspired by a coaching call with a client in an 'expansion season,' Soledad offers insights into how to launch initiatives and grow without burning out.

    Topics covered include managing nervous system responses to success, understanding and addressing fears around unmet expectations, and developing tools to maintain wellness during high-stress periods. The episode provides practical strategies such as journaling exercises, setting boundaries, financial planning, and prioritizing self-care.

    Soledad emphasizes the importance of being kind to oneself and maintaining a balanced pace of growth to avoid burnout and sustain long-term success.

    00:00 Introduction to Wealth Para Todos

    00:21 Understanding Expansion Seasons

    01:32 Navigating Success and Anxiety

    02:58 Personal Experiences with Launching

    08:07 Managing Expectations and Self-Care

    14:34 Practical Tools for Launch Days

    18:21 Controlling Your Pace and Final Thoughts

    21:57 Conclusion and Next Steps
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    23 Min.
  • #53: 529 vs UGMA vs UTMA: How First-Gen Families Can Invest for Kids Without Sacrificing Their Own Security

    #53: 529 vs UGMA vs UTMA: How First-Gen Families Can Invest for Kids Without Sacrificing Their Own Security
    Feb 8 2026

    Sign-up for Roth IRA Office Hours

    Book a 1:1 Coaching Discovery Call

    In this episode of Wealth Para Todos, host Rita-Soledad Fernandez Paulino, a queer Mexican-American money and self-care coach, addresses a listener's question about the best investment accounts for children, including 529 plans, UGMA, and UTMA accounts.

    They emphasize the importance of first ensuring personal financial stability before investing for children, highlighting the emotional, cultural, and ancestral factors that influence these financial decisions in first-gen and second-gen families. Soledad provides detailed explanations of the different types of accounts and steps to open and manage them. They also underscore the significance of financial education, advocating for teaching children money management skills rather than just passing down wealth.

    The episode concludes with reminders and encouragement for parents to invest from a place of abundance, not self-sacrifice, while taking care of their own wellness.

    00:00 Introduction to Wealth Para Todos

    00:23 Understanding the Emotional Weight of Investing for Children

    02:07 Prioritizing Your Financial Security

    05:22 Exploring 529 Plans

    06:29 UGMA and UTMA Accounts Explained

    08:47 Steps to Start Investing for Your Child

    09:18 Teaching Financial Literacy to Your Children

    10:38 Personal Insights and Future Goals

    12:51 Final Thoughts and Encouragement

    13:39 Podcast Wrap-Up and Call to Action
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    15 Min.
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