5 Ways to Make 2022 Your Best Financial Year Yet

5 Ways to Make 2022 Your Best Financial Year Yet

“I want to eat healthier.”

“I’m going to exercise more.”

“I want to spend more time with my family this year.”

New Year’s resolutions often revolve around physical health and close relationships. But have you thought about your finances?

According to a study done in 2018, money issues generate more stress for the average American than work or personal relationships. And after two years of a global pandemic, cumulative American household debt has reached $14.6 trillion. But you don’t have to be part of these gloomy statistics! The tips below can help you make 2022 your best financial year yet.

5 Ways to Make 2022 Your Best Financial Year Yet

 

1. Lose the unnecessary extras.
Take a few weeks and track where your money is going. (You can do this with apps like Mint or Goodbudget.) Do you see any patterns? What qualifies as unnecessary spending, and what can you do to fix it? Below are some common unnecessary expenses that really build up over time:

  • Subscriptions you don’t use regularly (How many TV subscriptions do you have?)
  • Coffee and fast food (Can you meal prep and/or make your coffee at home?)
  • Pricey bills and insurance (Is there a better cell phone plan or insurance policy?)

2. Set a budget and stick to it.

Apps like Goodbudget and Mint are great tools for creating a budget, but they aren’t required! Even if your budget starts out as simply planning for bills, groceries, and savings, that’s a great place to start. Limiting your entertainment and restaurant spending to only a certain amount per month can make a big difference as well. Design a budget that is reasonable for your lifestyle and easy to follow, and you’ll be able to stick to it.

3. Get creative with your income.

Need more money per month? Start a side hustle! You don’t have to be an expert entrepreneur to utilize your skills and hobbies for extra income.

  • Sell art and other creations on Etsy
  • Offer landscaping/yard work to neighbors or local businesses
  • Take up house cleaning

If you’re short on time, you might be able to crush some debt by selling your unused items on eBay or holding a yard sale. Assorted items like treadmills, bridesmaid dresses, or extra furniture typically fetch a good price.

4. Start thinking about retirement.

Saving for retirement can be an extremely daunting topic, but don’t let that scare you off! If you’re an employee, start by talking to your employer or HR department about 401(k) plans. Ask about company match options to make sure you’re getting the maximum benefit possible. If you’re self-employed or if your company doesn’t offer a contribution plan, traditional IRAs and Roth IRAs are good options because of their tax benefits. You can read more about these and a variety of other retirement plan options here.

5. Talk to an expert.

Knowledge is power! Get in touch with a financial planner, read books about budgeting and investing, or make an appointment at your personal bank. You’re more likely to meet your financial goals with the help of an expert.

 

If you are a technology professional looking to connect to organizations that value you as you are and the unique experiences you bring, click HERE to apply to work with a MinTech Agency recruiter and land your dream job! 

Navigating Discussions about Race in the Tech Workplace

Navigating Discussions about Race in the Tech Workplace

As discussions about diversity, equity, and inclusion continue to be at the forefront of science and tech workplaces, Black and non-White professionals carry the heavy burden of educating others about race—with or without being asked.

Now more than ever, workplaces are taking significant steps to diversify their teams and alleviate the systematic barriers to entry that Black and Latino professionals face in the job market.

Despite the educational strides that are being taken, Black and non-White Latino professionals are still tasked with the heavy burden of having to educate others about race or ethnicity—especially during fraught times of racial tension such as those that arose in the wake of the George Floyd killing. 

 

If you are a minority working as a professional in the tech space, you may feel a range of unpleasant or uncomfortable emotions in these situations. However, there are ways that you can engage in fruitful dialogue about race with your co-workers without it being at the expense of your mental, physical, and professional health.

Here are a few ways that you can approach this as a minority in the workplace:

1. Set Boundaries

If you find that the discussions being held around you are harmful to your mental or professional well-being, do not be afraid to set clear boundaries in the workplace. As allies, non-Black co-workers or team members must be prepared to do their own work first, which includes being mindful of the language and actions they display that can be harmful or offensive to oppressed groups.

2. Engage Leadership

It is critical that workplaces have the resources to host diversity and inclusion training workshops, onboard employee assistance groups, and hire workplace therapists so that no one individual or group in the company feels responsible for leading these difficult conversations.

As a valued member of your organization, you have the right to engage your leadership or senior members about the need for the aforementioned resources. In doing so, you are creating opportunities for yourself and other minority professionals in your workplace to have access to a support network.

3. Acknowledge the Gaps

Understand that one conversation will not solve all the challenges you will likely face as a minority in the workplace. However, the most difficult conversations in the workplace can often lead to greater understanding and empathy for one another, as both team members and human beings. Be patient with yourself and your co-workers and continue to stay alert for areas of growth or discussion that you can bring up with leadership or human resources (HR). 

For more tips about navigating the STEM workplace, professional development, and networking, follow the MinTech Agency blog HERE.

 

 

10 African Americans That Charted History In Tech

10 African Americans That Charted History In Tech

As a Diversity recruiting firm, we know how significant African Americans in tech are. We invent, create, lead award winning teams and innovate for the future of technology. In celebration of Black History Month, we wanted to research historical figures within the tech industry. Check out the list below and get inspired this year to pursue or continue your own journey in tech. We are watching and admiring…

 

  1. Granville Woods – The “Black Edison”: invented the multiplex “induction telegraph,” which allowed people to communicate by voice over telegraph wires which ultimately prevented train accidents.
  2. Otis Boykin – Inventor + Engineer: A Fisk University alum, Boykin holds over 26 patents and is known for creating the control unit that regulated the pacemaker.
  3. Annie Easley – Notable Computer Scientist: she developed and implemented computer code that analyzed alternative power technologies
  4. Frank Greene – Engineer + Venture Capitalist: one of only 63 inductees into the Silicon Valley Engineering Hall of Fame and known for his development of a high-speed semiconductor computer-memory systems
  5. Valerie Thomas – NASA Scientist: Thomas spearheaded the development of the first satellite to send images from space. The technology developed by Thomas is used by NASA to this day. 
  6. Mark Dean – Computer Scientist + Engineer: Credited with helping to develop the first color PC along with inventing the first gigahertz chip.
  7. Patricia Bath – Doctor + Inventor: Bath invented the Laserphaco Probe device for cataract treatment, becoming the first African American female doctor to receive a medical patent.
  8. James West – Inventor + Professor: Holding over 250 patents, West developed the electret transducer technology used in 90 percent of contemporary microphones
  9. Garrett Morgan – Inventor + Businessman: He is best known for inventing the three position traffic signal.
  10. Lewis Howard Latimer – Inventor + Draftsman: Notable contribution to the patent of the light bulb and telephone working closely with Alexander Graham Bell and Thomas Edison.
MinTech Lived Experiences Summer Talk Series Recap

MinTech Lived Experiences Summer Talk Series Recap

We hosted an amazing tech talk series in September that brought together professionals, entrepreneurs, creatives and more to share their lived experiences. As a firm built on ensuring people of color are seen and provided opportunities to excel in tech, this series was a true labor of love to celebrate our official 1 year in business.  

It was so inspiring to connect with over 150 people each Wednesday to share the face of tech not always seen. There were so many thought provoking experiences shared and real questions poised. As one of our panelists shared “The gold rush of our generation is tech”.  

As Karen Williams, CEO and Founder also shared, “We have to have representation. People go to work and will work hard for a company if they feel they can obtain the things they see.” This was our goal for the series and we look forward to continuing to elevate the face of tech one person at a time.  

View all four talks from our YouTube channel by clicking the link(s) below:

Talk 1: The Making of a Diversity Recruiting Firm + The Clients Who Value Them

Talk 2: Our Tech Story

Talk 3: Starting & Thriving For The Culture in Tech Entrepreneurship

Talk 4: The Digital Nomad Life

 

6 Podcasts To Stay Woke + Well In Tech

6 Podcasts To Stay Woke + Well In Tech

There are over 550,000 podcasts as shared by Fast Company. That means a lot of content to swipe through in your journey to stay centered and well. We decided to curate a list of a few podcasts we think you should check out as a techie trying to maintain. Check out below and comment below when you check out 1, 2, or all of them.

 

Therapy For Black Girls 
Created by a licensed psychologist, this podcast will get you all the way together. Allowing you to feel seen, heard, and understood as you navigate life and the ever-changing tech space. 

 

Techish by POCIT
If “I am a Millenial/Gen Z POC In Tech” were a podcast, this would be it. Hosted by two tech entrepreneurs Michael Berhane and Abadesi Osunsade, they bring meld tech, pop culture, and life in a way that is needed for the culture right now.

 

Revision Path
Hosted by Maurice Cherry, this is the most consistent podcast providing a real look into black designers, developers, and digital creatives from all over the world. Now, in its 7th year, you can tune in weekly to hear real-life stories of people killing the game in tech.  

 

 

Well For The Culture 
This is a wellness podcast truly unlike any other out there. Created by two indigenous, wellness experts who created a grassroots initiative that aims to reclaim and revitalize Indigenous health and wellness. This is a wellness podcast truly unlike any other and will help all those seeking to center themselves on a regular.

 

Blacks In Technology
Created by the founders of Blacks In Technology, hence the name😀. Their vision statement pretty much sums it all the way up – a tech and media org. whose focus is to increase visibility, increase participation & change the perceptions of people of African descent in the tech field. 

 

Latinx America
Latinx is an ever-growing demographic in the tech space. On her podcast, host Adriana Flores-Ragade is connecting with catalysts who are using, leveraging, creating, or investing in Tech to impact issues relevant to the Latinx community.