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:
How to deal with stress in your life
- 46% reported that they ate too much or ate unhealthily due to stress.
- 29% reported that they started drinking or increased their drinking, and 16% reported that they started smoking or increased their smoking.
Young adults are more reliant on credit cards than ever before
- The countdown until the student loan payment pause is lifted in October is ticking
- some experts worry that once payments resume, many younger Americans will find it harder to dig themselves out of credit card debt.
- About 53% of millennials and 41% of Gen Z respondents said they were more reliant on credit cards than ever before this summer
- Existing full- and part-time UPS workers will get $2.75 more per hour in 2023, and $7.50 more per hour over the length of a five year contract.
SBA celebrates the impact Hispanic entrepreneurs have had on the U.S. economy
- Nearly one in four new businesses is Hispanic-owned.
- The nearly 5 million Hispanic-owned businesses in the United States contribute more than $800 billion to the American economy annually.
- There are more than 300,000 Hispanic-owned, employer businesses located across all 50 states.
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Email for questions or inquiries: latinwealthpodcast@gmail.com