Things That Matter

The Latino Workers At Facebook Have Joined A Union To Get Better Pay To Afford Decent Housing

It was only in May when Mark Zuckerberg told the graduating class at Harvard University that the United States should explore the option of a universal basic income. The concept, which countries like Brazil, Denmark and Canada are testing, promises citizens a paycheck regardless of employment, wealth, job status and other factors, according to CNN Money.

In his speech, Zuckerberg said such a basic income for all the citizens will give people an option to explore new ideas since they would have a financial cushion to do so. Now, just 2 months after giving that speech, Latino contract cafeteria workers at Facebook’s world headquarters in Menlo Park, Calif., have joined UNITE HERE Local 19, a union representing workers in northern California.

The workers, who are employed by Flagship Facility Services, joined the union to negotiate better pay and affordable benefits in an area of the country that is becoming more and more expensive to live in. Mercury News reports that some of the employees are only able to afford to live in garages with their families to be closer to work.

“Their quest for a better life in Silicon Valley is what moved them to unionize,” Enrique Fernandez, the business manager for UNITE HERE Local 19 told Mercury News.

The Guardian reports that a spokesperson for Facebook says the company looks forward to working with the union to address the contractors’ concerns. The spokesperson also expressed that the tech company is committed to providing a “safe, fair work environment to everyone who helps Facebook bring the world closer together, including contractors.”

Read more on Mercury News by tapping here.


READ: Telemundo Asked Them Not To Unionize, But Its Actors Just Voted To Do So

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In The First Episode Of FIERCE’s ‘Money Moves,’ We Explore The All-Important Budget

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In The First Episode Of FIERCE’s ‘Money Moves,’ We Explore The All-Important Budget

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Finances can be hard. A lot of us were never told how to properly budget because our families weren’t equipped. Fortunately, in the 21st century, we can connect electronically with other Latinos and Latinas who are making money moves. In the first episode of FIERCE’s “Money Moves,” we talked with Beatriz Acevedo, CEO and founder of We Are Suma, a new financial literacy media company.

We Are Suma is a new company that wants to teach you how to make the most of your money.

Financial literacy is so important in creating generational wealth. It is an important step to being financially comfortable. CEO and founder of We Are Suma Beatriz Acevedo wants to help all Latinos and Latinas reach their financial goals. The most important place to start is creating a good and manageable budget. We sat down and spoke with her about what to do to make that happen. Here are some of her insights.

Sam: What would you recommend in terms of knowing what I need to get financially fit?

Beatriz Acevedo: Well, listen. Because we are here in a group of Latinas, like I said earlier, there’s certainly a lot of particularly incredible, amazing Latinas that do these seminars and these course. I have made my list of the ones that we already work with and really love. One that we have as our Latina in residence right now giving us a lot of this coaching is Jen Hemphill and she has a podcast called ‘Her Dinero Matters.’ So constantly, if you follow them, they have their social media, they have the things that they do. We mentioned Julie from Investing Latina that you guys will have on. Also, she does these seminars where they are made for our community. It just doesn’t feel as dry as when you read content or you go to a class and are like, ‘Oh my god. I feel so out of place here with the words that they are using the expectation that i already know this.’ No. This if for our community by our community. Latina Money. We’ve done some collaborations with her as well for equal pay. She’s awesome. Snowball Wealth. If you have student debt, they definitely specialize. Dana is your girl who specializes in how can you lower that. How can you start paying off your student debt?

All these are amazing Latinas that want to support our community and what they do every day is that. Obviously for us at We Are Suma, we do it in a very fun pop culture kind of way as well. So, five years ago if you asked me this question, I’d be like, ‘I don’t know.’ Today, there are so many resources and just with the ones that I mentioned that you guys can find right here on Instagram.

All of those resources are great. They’re easy to understand and again they’re made my women in our community so they understand where we came from and they understand that we did not have those conversations growing up, that we’re going to need to catch up.

S: What should they take a look at when creating a budget? Is it kind of like consolidating everything that they have and writing down a list?

BA: It’s a very easy thing to do nowadays. I remember when my dad would always tell my mom, ‘¿Donde esta el presupuesto?’ He knew that el presupuesto was very important because my mom and I are enthusiasts of la Marshalls y la Ross. Like, ‘Look, it’s only $9.99.” But, then, they can add up. So, I remember her so vividly in the kitchen, the poor woman, doing these budgets for my dad or for the household in these yellow pads. She was like, Food and this and Gas and all of this other stuff and adding it up. Nowadays, it’s so easy. there are so many apps that you can use. Even from the resources from all of these other Latinas that I mentioned earlier, some of them have these.

I know Snowball has one of these and I’m sure most of them do. It’s free tools where you can go in and you plug in and it helps you to track all of your expenses. There’s also very sophisticated apps that I like to use and it is the preference of people that very easily let you see how much do you make. It’s very important to know how much you make. You make a budget for $10,000 and you make $5,000, that’s not gong to work out, even if you have a beautiful budget.

S: Could you share some of the apps that you personally use or that you would recommend?

BA: Mint is the most popular one from all of the surveys. People really love it. I’ve never used Mint personally, but it must be great because people love it, and is the overall best one. I use PocketGuard. I don’t know how I discovered it or why, but I like it and that keeps you from overspending. It’s almost like, ‘Oh, you’ve reached this. Or you’re spending $5 more this month than you spent this month. It is always sort of alerting you. I’m sure all of them alert you if you are going over the budget that you have.

There’s one that people love that I just learned about that’s called You Need A Budget. That’s the one that people say is for the Type A personality so I need to look into that. It is on this principle of zero-based budgeting, which means that you give a job to every cent that you make. You don’t leave anything up to chance. Even if you are going to put something into retirement or to invest. You make $10 and your budget is at $10. It’s depleted so there is never anything left either under or over that could be a great area. A lot of people really like this You Need A Budget app that I still have to check out.

We were also talking about the envelope method. I learned about that a long time ago in my previous life when I was a tv producer. We were doing this show for Discovery channel where we would go into Latinos homes that needed almost a financial intervention because they were in bankruptcy. They had a mess with their finances. You would walk into their houses and they would have the most unbelievable TVs, VR sets before VR was popular. You’re like, ‘Oh my god. What are you doing, dude?’ I remember that our financial adviser at the time told the woman like, ‘Señora, you’ve got to cut off your credit cards.’ The woman was crying cutting up her credit cards but she had maxed out so many credit cards buying clothing for the daughter. The guy had bought all of these electronics. It was crazy. Then I remember that it seemed pretty prehistoric, right, because I was, ‘Really? You’re going to go put money into an envelope?’… I was reading that there is one called Mvelopes and that sort of mimics that but in the digital world.

Make sure you watch the full interview below for all of Acevedo’s tips to growing your wealth.

Make 2021 the year to become financially fit! You have the power to dictate what happens with your finances.

READ: Do You Combine Finances With Your Spouse? Latinas Answered!

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Selena Gomez Is Holding Tech And Social Media Accountable After Trump Mob Shuts Down Congress

Things That Matter

Selena Gomez Is Holding Tech And Social Media Accountable After Trump Mob Shuts Down Congress

VALERIE MACON / AFP via Getty Images

A pro-Trump mob stormed Capitol Hill Jan. 6 following months of President Donald Trump and his allies attacking the 2020 elections. Selena Gomez, like most Americans horrified by the attack, spoke out on social media about what happened. She made it clear that part of this falls on tech companies and social media companies.

Selena Gomez called out social media and tech companies for enabling hateful rhetoric.

President Donald Trump and his supporters have used social media to spread misinformation since he was elected in 2016. Americans have watched as President Trump used Twitter to spread falsehoods and conspiracy theories. There have been so many debunked claims that President Trump and his allies have spread with no consequence.

Recently, Twitter started to flag some of President Trump’s tweets as disputed or misleading. It was the first time a social media platform did something that checked President Trump and his rhetoric.

People quickly came to Gomez’s side to uplift her statement.

President Trump has a long history of hateful and dangerous rhetoric on social media. He has misled her supporters with false statements and has incited violence. The president has defended white supremacists on multiple occasions and even retweeted a video of a man shouting white power.

Social media platforms are finally muzzling President Trump with bans and suspensions.

Twitter has put the president on a temporary suspension after he incited the crowd that breached Capitol Hill. Meanwhile, Facebook’s CEO Mark Zuckerberg enhanced the original 24-hour ban to a indefinite ban that will last at least until President-elect Joe Biden’s inauguration. However, people think it is a little too late for these actions.

“Disinformation and extremism researchers have for years pointed to broader network-based exploitation of these platforms,” Sen. Mark R. Warner, D-Va., said in a statement. “As I have continually said, these platforms have served as core organizing infrastructure for violent, far right groups and militia movements for several years now – helping them to recruit, organize, coordinate and in many cases (particularly with respect to YouTube) generate profits from their violent, extremist content.”

What happened Jan. 6 at the nation’s Capitol was avoidable, but it’s clear who incited this violence.

Congress has officially certified President-elect Biden’s win. What should have been a quick process to certify an election turned into a horrifying scene. It is a day that will always define President Trump’s legacy.

READ: Far-Right Trump Supporters Violently Storm The US Capitol Forcing Lockdown

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