Moneda Moves (77): Growing Up In The "Mexican Beverly Hills"
Hello familia, there’s a new Moneda Moves podcast episode out this week I am so excited to share with you. Today, we are going to talk about the “Mexican Beverly Hills."
It’s what one culture writer (and a few locals) call the city of Downey, the California city with nearly twice as many Hispanic residents than any other race in ethnicity. Here, residents are also higher-earning than other neighborhoods in Los Angeles with similar ethnic makeup.
In his piece for The New York Times, author and Downey resident Erick Galindo writes, that moving to and growing up in a place like Downey “shows that Latinos can live a life of relative wealth and influence in the United States without having to give up ties to their respective and diverse Latin American cultures. But it also exemplifies a distinctly American idea: the possibility of upward mobility across generations.”
For our latest podcast episode of Moneda Moves, we speak with Galindo about what a place like “Mexican Beverly Hills” means for Latinos, his family building generational wealth, and how Downey challenged his relationship with money. No te lo quieres perder.
Con poder,
Lyanne
Headlines to put on your radar.
First Latino and immigrant Alejandro Mayorkas is confirmed as Homeland Security chief: In what has proved to be a busy day for immigration policy, we have a new confirmed Homeland Security Secretary as of Tuesday. Meet Alejandro Mayorkas, the first Latino and immigrant to lead DHS. Mayorkas is a Cuban American who served as deputy DHS secretary from 2013-2016.
Also on Tuesday, Biden signed issued orders to:
➡️ Create a task force to reunite immigrant children with families
➡️ Review Trump administration’s “Remain in Mexico” policy impacting asylum seekers
➡️ Call for a review of the naturalization process
Rising voices in business, fintech, entrepreneurship and beyond.
Moneda Monday— Creator of Ellas the Podcast Brenda Hernández Jaimes 💰: If you follow us on Instagram, you may be familiar with our Moneda Monday weekly series where we introduce you to Latinos who are experts in the world of money whether they are certified financial planners, business journalists, VC experts.
This week we spoke with this jefa/boss and creator of @ellasthepodcast, Brenda Hernández Jaimes. ⚡️ Since the creation of her podcast, she’s set out to highlight powerful Latinas in the entrepreneurship space and beyond. Through insights shared on her podcast, Ellas is helping today’s generation of Latina entrepreneurs build and get guidance from women who broke barriers in their industry. Check out her blog here.
That’s all for this week, mi gente. Until then, keep up with us on Instagram here.