New loves, dark secrets and heartbreak accompany plot lines that have characters figuring out how to open a bank account, establish good credit and avoid predatory lenders. Producer and director Dilsey Davis doesn't speak Spanish, so her scripts are translated, and assistants help give direction to those actors who don't speak fluent English.
#Money soap tv#
Modeled after telenovelas, or soap operas, the show is produced in Durham, N.C., and - in another twist - it's being shown on English-language TV stations.
Nuestro Barrio (Spanish for "our neighborhood") has more than just love triangles and deceit: It's an educational effort meant to teach financial literacy to first-generation immigrants Give yourself the time and space to determine what you truly need and value, so you can set appropriate money goals and make a plan if things don’t go the way you hope they will.A sexy new Spanish-language mini-series recently hit the airwaves. There’s a lot of yelling, often by people who don’t totally understand what’s going on but have opinions about it anyway. What’s not productive is obsessively tracking stock prices, falling for get-rich-quick schemes or constantly monitoring the news. Whether or not that ends up happening, you’ll be prepared to job hunt at a moment’s notice.
#Money soap update#
Or perhaps you update your resume because you’re worried about layoffs at your company. Setting up automatic money transfers into an emergency savings account can help you feel more confident that you’ll be able to handle an unexpected expense.
Reading through some recent bank and credit card statements, for example, can give you a better sense of where your money goes each month and where you might be able to cut back on spending. Though anxiety feels awful, it can be a productive emotion that spurs you into action. “That’s kind of a vigilant standpoint, and that’s a very difficult standpoint to enjoy life from.” “You can imagine it’s not a very pleasant place to be, to be kind of on guard, thinking that you’ve got to keep everything that you have, that you’re going to lose it in some way,” says Susan Greenhalgh, an accredited financial counselor and founder of Mind Your Money LLC in Providence, Rhode Island. THE EMOTIONAL AND FINANCIAL EFFECTS OF A SCARCITY MINDSETįactors beyond your control, like inflation or supply chain shortages, can limit your access to the things you need and make it harder to achieve your financial goals. “Everyone who’s here had an ancestor who benefited from a scarcity mindset.”īut when a scarcity mindset isn’t rooted in a real need to avoid hungry lions or preserve a season’s worth of food without refrigeration, it can work against you, persuading you to make financial choices that aren’t actually in your best interest. “It helped humans survive back in the day when we faced existential threats from nature,” says Courtney Cardin, co-founder of Aura Finance, a financial wellness and investment platform that’s currently in the private testing phase. And when you’re concerned about access to these things, it’s natural to want to grab onto whatever you can.Īt times, this impulse is useful. This basically means you view your resources - like money, food and employment opportunities - as limited. If the current situation has you avoiding any long-term planning or fearing spending any money, even on things you need, you’re experiencing a scarcity mindset. We’ve simply rolled one set of worries into another, continuing to assume all our resources are scarce, whether that’s true for us or not. Today, this fear of scarcity plays out differently, due to rising prices, a volatile stock market and whispers of a looming recession. We felt out of control, so we controlled what we could: the contents of our kitchens and bathroom cabinets. We hid in our homes, deep-cleaning every surface, occasionally braving the threat of COVID-19 to hunt down the last remaining bottle of hand sanitizer in a 50-mile radius. The shelves, once brimming with toilet paper and hand soap, were bare.
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