Twenty-five-year-old Karina Garcia has a life that can be seen quite literally as a rags-to-riches story. The Riverside, California native is known on Youtube as the ‘Slime Queen’ and makes when things are going really well an average of two hundred thousand dollars. Once making a living off of tips as a waitress, the Latina now serves 9 million subscribers on her Youtube channel some pretty gooey content, or rather, videos of her producing slime
Garcia started her empire based on an interest she had in goo as a young child.
Speaking with ABC news about her life before her lucrative business, the Latina said she grew up in a family of eight in a two-bedroom mobile home. Four years before her fame, she was on a break from college and working as a waitress. “I wasn’t in school. … I had like nothing going for myself,” she told ABC. “I remember thinking, like, ‘What am I gonna do with my life?'”
In an interview with Delish, Garcia says she played with slime as a kid and decided to make some of her own but when she couldn’t find recipes to make some, she started doing her own experimenting and research. When Garcia saw that things were going well for her sister Mayra Isabel Garcia’s own beauty tutorial channel, she decided to give creating one a go too. But hers would be built entirely on slime.
“I used to get a lot of hate for it in the beginning,” Garcia told Delish. “I’d make slime once a week, and people were like, ‘What are you doing? You’re so weird.’ Now, people get it. It’s this sensory thing that’s fun to look at and stress-relieving to play with.”
On YouTube, where tutorials are a dime a dozen, Garcia’s videos grab millions of views.
Garcia most popular video so far sees her create a massive tub of slime in her video “100 Pounds of Slime!”
To date, the video has over 26 million views.
From fluffy slim to glitter slime, the Latina’s youtube channel sets out to experiment with creating all kinds of slime forms.
She’s even put Hot Cheetos in Slime!
Spoiler alert: it’s not edible but it does smell good!
But she’s not just a Youtuber. She’s a businesswoman too.
Garcia, who has contributed to getting her parents retired, with more than just the channel. She’s also partnered up with Target to create slime kits with her Crafy City line and has had deals with big brands like Coca-Cola. Today, the Latina has been able to afford to buy her own home, a bedroom of six rooms. She truly does live in a house that slime built.
The other day I was talking with a client and she told me “Brittney, I finally feel like I understand investing because you explain it as if we are just two girlfriends talking over lunch. You make it so easy to learn and I feel like I finally know what I’m investing my money in!”
I’ve been a financial planner for over 13 years and one of the biggest reasons I started my own financial company was to help smart, savvy women understand money and finally feel like they could come to a financial planner without feeling judged, talked down to or ashamed for not knowing personal finance and investing principles.
I know how overwhelming investing can be, but the truth is once you dive into this new subject, you will find it isn’t as scary after all and a few smart investment strategies can go a long way in your overall financial plan and success.
Regardless of where you stand in your investing career, just starting out or a seasoned investor, here are three tips to get started in investing.
1. Understand Compounding Interest
To me, this is like the 8th wonder of the world as it really does work like magic when it comes to growing your money for the long term. The simple way to understand the power of compounding interest is by the rule of 72. Basically, the rule of 72 tells us how many years it will take to double your money given a specific interest rate.
For example, let’s say you have $5,000 that you can invest in a lump sum today into an investment that returns on average 4% per year. By using this rule, 72 divided by 4 is 18, so every 18 years your $5,000 will double.
$5,000 today, 18 years from now $10,000, another 18 years from then, $20,000 and so forth.
What if you took that same original $5,000 investment and instead got an average annual return of 8%? Now your money will double every 9 years.
So after the same 36 years instead of $20,000 from the 4% investment, you can potentially have $80,000. That is how compounding interest will help you build wealth over time. It helps your money make money which of course is a very wise financial move.
Don’t put all your eggs in one basket. I know this sounds easy, but yet so many people still don’t understand the importance of having a diversified portfolio. Basically, it means to have a little bit of everything in your portfolio. So a mix of different types of mutual funds whether they are stock mutual funds or bond mutual funds, real estate and possibly business equity in your overall investment portfolio.
Think of it like a pie, if one slice of the pie is eaten and no longer has value then it’s okay because you still have the rest of the pie remaining. Diversification helps minimize your risk over time as you never have all your eggs in one basket, i.e. one investment category, one company, etc.
I know investing can be confusing, so start by reading and learning more about the differences between a stock, bond, mutual fund, real estate. This will help you have a better understanding of what is most appropriate to hold within your own investment portfolio.
Remember everyone is different so your mix of investments may be different from your neighbors and that is okay as you may have different goals, timeframe, risk tolerance, etc. Find the mix that is right for you and keep that diversification going!
3. Focus On The Longterm And Keep Emotions Separate
One of my favorite investing quotes is from the successful investor Warren Buffett who says, “be greedy when everyone else is fearful and fearful when everyone else is greedy.”
Basically what this means, is you have to be clear-headed when it comes to your longterm investment strategy and not let your emotions get the best of you when the stock market fluctuates up and down. Most people react to the swings in the stock market and panic when Chicken Little on TV is telling them the sky is falling so they make irrational decisions regarding their investment portfolio.
If you can remember Warren’s quote, then during those times of stock market dips, if you were in control of your emotions, you might be able to see that there are investment opportunities to take advantage of, for example buying more of a position if you found it a value in the market, versus being fearful and panicking and perhaps selling at a loss like most people end up doing.
Again, investing is complex and what I am saying may not apply to everyone so please do your homework and work with a financial professional you trust to help you build the right investment game plan so you can stay the course for the long-term.
Beauty and lifestyle YouTuber, Daisy Marquez, started posting makeup tutorials on Snapchat for fun and then switched over to other platforms growing a fanbase of over one million followers across all of her social media platforms.
What started as simply a fierce beauty and makeup channel turned into something much more as Daisy decided to share her experience as an undocumented person living in the US.
Last week, as ICE raids were set to happen across the country, Daisy shared to Instagram her story as an undocumented DREAMER.
In the caption she said why she wanted to tell her story, ” I want to open up and share my story for those who don’t know.” She goes on to tell the story of how when she was 10-years-old, she wanted to visit her family in Mexico. She made the trip but had to cross back into the US illegally, with a coyote, across the Rio Grande, and was nearly caught by Border Patrol.
Thankfully, her story had a happy ending and she made it back into the US and has gone on to be a successful YouTuber.
But Daisy hopes that sharing her story will help inspire others who have similar experiences as her.
Reactions to her Instagram post have been overwhelmingly positive.
There are literally more than a million people in the US who can relate to her story as a DREAMER and millions who are in the shadows – as undocumented people so often are.
With many people thanking her for her bravery and inspiration.
Many on Instagram pointed at how strong and brave she was even at 10-yeras-old and how she’s carried that fearlessness in everything she does.
Even her mama took to Instagram to share in the love.
Aww, this is just too sweet!
Along with her story, Daisy shared pictures of her on her trip to Mexico.
And her fans were eating up the photos! Telling her how fierce she looks and that she was born to be a star.
Even at 10, Daisy knew how to serve looks.
Daisy says she was a fierce, determined, and strong young lady who wasn’t afraid of anything, until it came time to cross back into the US.
Many on Instagram commented on how fearless she looked in the photos while others said she looked like a child telenovela star.
All of this started when Daisy uploaded a video to her YouTube channel back in 2017, shortly after Trump took office.
Marquez’s YouTube video, “Story Time: I’m Undocumented,” received more than 1.3 million views, making it the most popular video on her channel. In the video she talks about her immigration status, her struggles of being undocumented and shared a story about the time she had to cross the US -Mexico border when she was 10.
In the heartfelt video, Daisy opens up about how her mom brought her to the US to help give her a better life.
As with so many of our parents who crossed into the US illegally, her mother wanted to make sure that Daisy would get a better education and have more opportunities in this world as an adult.
She then tells the story about how desperately she wanted to visit her family in Mexico when she was 10 years old.
After about a month in Jalisco, Mexico, with her grandparents, her mother had explained through a phone call that she would have to return to the US with a coyote and cross the Rio Grande.
Marquez was awakened by her grandmother at 3 a.m. to start the journey. Marquez begged her to let her stay in Mexico, regretting ever going down south, but alas, Marquez was taken to the coyotes who would help her cross back in the US.
In the video, as she wipes away tears, Daisy explains the entire harrowing experience of crossing into the US with a small group of people. They have to swim across the Rio Grande, encounter the Border Patrol, run out of water, and have to walk a total of nearly 7 hours.
She points out how traumatizing the experience was simply to go back to the visit the country she was born in.
And how people shouldn’t have to suffer such a traumatic experience and even risk their lives simply to visit the country they were born in. Or to visit their abuelos and other familia.
Even though she applied to 7 different colleges and was accepted to all of them, she couldn’t attend any of them.
When Marquez safely returned home to Oak Cliff, eight years had passed, and while pursuing her love for makeup and balancing school work, her new test of strength came after graduation: her immigration status held her back from doing the things she wanted to do — like attending college.
“I worked my ass off, I took college classes, graduated with distinct honors … all that went to waste all because I’m from Mexico,” she said in her video.
Marquez discussed in her video that despite being accepted to every college she had applied to, the cost of going would be at a much higher rate because of her status as an international student, a burden she did not want to put on her parents’ back.
Stuck between school and chasing her passion for makeup and fashion, she took the plunge and dedicated her life to creating more videos for her followers.
As a successful YouTuber she’s had to pass on several amazing opportunities because of her immigration status.
From a trip to Bora Bora to having to move her life to Los Angeles in order to pursue her dreams as an artist, Daisy is not shy about sharing her struggles, dreams, and aspirations on her YouTube channel.
She ends her video by reminding all the people who may be in the same situation to never give up on your dreams.
Sharing a deeply personal story, as Daisy did, is often one of the strongest ways to reach people, to inspire them. And with an estimated 1.3 million eligible DACA recipients in the US, let’s hope that her story has inspired many of them to chase their dreams.
And her story seems to have resonated with a lot of people.
Reactions on Twitter to Daisy’s video, range from tweets of tears and sadness for her story to “bravo daisy, you’re amazing” and “thank you so much for sharing your personal story. with it i hope others see their own potential.”