On the first episode of First-Gen Money Mondays, host Viviana Vazquez chatted with Gigi Gonzalez, founder of The First Gen Mentor. Gigi is a first-generation American, first-generation college graduate, and first-generation white-collar professional.

Millennials are making six figures in income, but more of them live paycheck-to-paycheck than any other generation.

When it comes to the distribution of wealth among Black and Latinx people versus white people in the United States, minorities have always been neglected. The racial wealth divide is widespread and stems from hundreds of years of policies.

One of the American Families Plan’s goals is to allow the IRS to monitor transactions of bankers over $600 to ensure that people are not lying about their taxable income.

Typically, new and used vehicles decrease in value each year. However, the average price of used cars has increased by 4.9% over the past year. As a result, many used car owners have become intrigued to sell their used cars for profit.

A report released in early 2021 indicated that the money in the Social Security Trust Funds is expected to run out by 2034.

The practice of group economics is becoming more popular, especially since it is becoming a more recognized way to build wealth with your family or friends.

August is recognized as National Black Business Month. When you choose to spend your money with a Black-owned business, you are choosing to assist them in building generational wealth, savings, and ultimately obtaining ownership.

Despite the continued reluctance from the NCAA, the Supreme Court ruled in favor of college athletes. On July 1, 2021, a new federal bill was passed, stating that college athletes could receive compensation for their name, image, and likeness (NIL).

Based on the perception and display of a luxury lifestyle by many social media users, it has generated others to want to "keep up with the Joneses" without knowing that the lifestyle being displayed on social media is not the real-life truth.

Redlining is a practice where mortgage lenders deny loans to people based on race or the racial makeup of their neighborhoods. The term comes from the National Housing Act of 1968 as part of the federal government's New Deal.

For many, owning a home is the ultimate "American Dream." Homeownership allows you to have a property to call your own, leaving you with a sense of pride, confidence, and security.

Children are never too young to learn about finances. Shifting your mindset will ultimately help you mold your children's mindset to a wealth mindset. Here are my top three tips to help expose your child to wealth-building habits and ownership.

Estate planning is an essential part of creating financial stability. An estate plan helps your family and friends understand your wishes, and it assigns beneficiaries while you are living and after your death.

When payday comes, many bills and other expenses are typically paid off before any other spending occurs. Fortunately, one of the products and services that consumers can access via their online banking platform to help combat this issue is called an “Automated Savings Plan.”