Gina Moreno

Creating Multiple Streams of Income as a First Generation Latina from a Low-Income Background

As a first-generation Latina from a low-income background, securing my financial future after higher education became a top priority. I was raised in a traditional household, and I’m passionate about sharing this journey with college students and young professionals as a latina speaker and educator to those aiming for financial freedom before retirement. I went from living in government- assisted housing (I had a great childhood there, check out the picture below) to having over $100,000 in investments by the age of 25.

Here’s why considering ventures outside your primary job can be a game-changer:

  1. Financial Security and Risk Reduction: In today’s job market and economy, having multiple income streams brings peace of mind. Relying on one income source leaves you vulnerable to economic shifts or unexpected setbacks. Diversifying income offers a safety net, reducing financial risk. The old philosophy was that your primary job could set you up for a stable financial future, but truth was reveled a few years ago with the massive layoffs, including in my industry of technology. This made me realize, that even with a 6-figure job out of college, it was important for me to look elsewhere for a secure future.
  2. Career Flexibility and Growth: Multiple income streams provide more career flexibility. You can pursue jobs or businesses you’re passionate about without immediate income concerns (like I am currently doing!) Diversifying often means learning new skills, which boosts personal and professional growth.
  3. Increased Savings and Investment Potential: Extra income allows for more saving and investment. This can lead to wealth accumulation and financial independence. Imagine you have an income stream for your mortgage and bills, and your actual paycheck is for your lifestyle and savings, how cool is that?
  4. Meeting Financial Goals for a Better Lifestyle: Whether it’s owning a home, traveling, or saving for retirement, multiple income streams accelerate reaching these goals. Extra income can enhance your life quality, fund hobbies, or support causes close to your heart. In my 20’s I placed a priority in travel, as you can see below in my first solo vacation to Paros, Greece.

Remember, creating multiple income streams takes time and effort. It involves exploring opportunities, investing in skills, and managing resources. But the benefits—financial security, flexibility, and growth potential—make it a worthwhile pursuit for many. If you want to expand your financial horizons, exploring these options might be a smart move. Please feel free to email me at if you have any questions, or if you are interested in me delivering a workshop on this topic please fill out this form


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