Welcome to a new weekly series we are launching on the Latin Wealth platform, Wealth Wednesday! On Wealth Wednesday, we will be discussing trending news, Latino culture and topics surrounding business, host by @chrisbelloso and @ricoramirez86.
On today's episode we discussed:
Student debt: 615,000 borrowers receive public service loan forgiveness:
- The Biden administration had approved the discharge of student loan debt for more than 615,000 borrowers back in October 2021
- The discharged amount totals $42 billion in debt
- 26 million applied and 16 million were approved
- Supreme Court could be in position to shut down the plan
- From my understanding it’s not so much the money but mainly finding legal justification to pass this bill
Instagram Is Preparing A Twitter-Like App To Be Launched This Summer:
- Instagram has been secretly testing a text-based app similar to Twitter for months with celebrities and influencers
- preparing to launch it as early as June
- as some people look to leave Twitter due to changes made under CEO Elon Musk.
- The app looks very similar to twitter
- Sources say you’ll be able to notify all your followers about the new app
- You’ll be able to keep your verification if you have that
Books we recommend reading ASAP!
- Your Next Five Moves by Patrick Bet-David
- Wealth Warrior by Linda Garcia
- Atomic Habit by James Clear
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Email for questions or inquiries: latinwealthpodcast@gmail.com