1 min read

Season 6, Episode 21

Financial Literacy for Union Apprentices with ABOC's Carlos Andrade

ABOC Gray

 

Guest Name:


Carlos Andrade

Guest Website:


ABOC

Guest Social Media:


Facebook

YouTube

LinkedIn

Supportive Documents:


Carlos Andrade, Vice President of Government and Union Services at ABOC, joined the America's Work Force Union Podcast to discuss the importance of financial literacy for union apprentices. 

Andrade began his career 23 years ago at a large regional bank in Chicago before transitioning to ABOC. He has served as vice president for the past 12 years. His connection to organized labor comes from both parents, who were union members. 

Andrade emphasized the importance of apprentices knowing how to budget their income, particularly given the cyclical nature of work in the trades. He encourages apprentices to always have a plan, think long-term and prepare for lean periods.

Andrade also discussed the significance of responsible credit use. He suggested apprentices use credit cards for regular expenses but pay them off promptly. By reframing credit as a tool for financial growth, they avoid the path to overwhelming debt. He also addressed the challenge of saving for the future, especially for young workers who may prioritize immediate gratification. 

To learn more about financial literacy programs for union members, visit ABOC's website

For the full discussion with Andrade, including more detailed advice on budgeting and investing, listen to the complete episode of America's Work Force Union Podcast.


America’s Work Force is the only daily labor podcast in the US and has been on the air since 1993, supplying listeners with useful, relevant input into their daily lives through fact-finding features, in-depth interviews, informative news segments and practical consumer reports. America’s Work Force is committed to providing an accessible venue in which America's workers and their families can hear discussion on important, relevant topics such as employment, healthcare, legislative action, labor-management relations, corporate practices, finances, local and national politics, consumer reports and labor issues.

America’s Work Force Union Podcast is brought to you in part by our sponsors: AFL-CIO, American Federation of Government Employees, American Federation of Musicians Local 4, Alliance for American Manufacturing, Anthem Blue Cross Blue Shield, Brotherhood of Maintenance of Way Employes-IBT, Boyd Watterson, Columbus/Central Ohio Building and Construction Trades Council, Communication Workers of America, Mechanical Insulators Labor Management Cooperative Trust, International Association of Heat and Frost Insulators and Allied Workers Local 50, International Federation of Professional and Technical Engineers, International Union of Bricklayers and Allied Crafts, International Union of Painters and Allied Trades District Council 6, Ironworkers Great Lakes District Council, Melwood, The Labor Citizen newspaper, Laborers International Union of North America, The National Labor Office of Blue Cross and Blue Shield, North Coast Area Labor Federation, Ohio Federation of Teachers, United Labor Agency, United Steelworkers.

SUBSCRIBE ON:

Group 342

Group 341

Group 343

Group 339

Group 397

Group 397

 

Philadelphia Whole Foods workers join UFCW Local 1776

Wendell Young IV, President of United Food and Commercial Workers Local 1776 Keystone State, joined America's Work Force Union Podcast to discuss...

Read More

Union challenges for labor under the new Trump Administration

Jon Schleuss, President of The NewsGuild-Communication Workers of America, joined America's Work Force Union Podcast to discuss the impact of recent...

Read More

Tim Burga, Ohio AFL-CIO President warns of anti-union legislation

Tim Burga, President of the Ohio AFL-CIO, joined America's Work Force Union Podcast to discuss the Democratic National Committee's new leadership,...

Read More