Do you remember what you did with your first salary? Many of us see the possibility of saving as a long way off and postpone it. Here's how to use your money.
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Money-wise solo preneur
This book gives you the essential guide to easy-to-understand tips and strategies to achieve greater financial success.
This article was translated using AI technologies from our Spanish edition. Errors can occur as a result of this process.
When you start making money, the first thing to remember is to spend it on what you have long wanted. However, your decision can lead to an uncertain future.
"Start saving from your first Sunday", is the recommendation of José Antonio Ezquerra, director of Finamex Casa de Bolsa. Because there is no culture of saving or proper money management in our country, most of the people who receive an income do not think about investing it. And for the most part, they measure the importance of it until they have children. This is the moment when saving is almost impossible.
By 2050, the majority of today's young population will be 80 years old and may not have access to sufficient retirement assets, while the institutions could get into a major crisis due to the lack of economic resources for A Hostel.
The problem is exacerbated when we find that there is no financial education in Mexico, as there is a thinking based on false beliefs, as most are far from banks and prefer to inform them, such as the so-called Tandas.
Around 45 million Mexicans do not save as 73% say their income is insufficient to do so. This is evident from the National Survey on Financial Inclusion by the National Institute of Statistics and Geography (Inegi) in 2014.
Likewise, 19.8 million adults are informally saving and preferring to keep their money on the mattress, Inegi says.
Therefore, José Antonio Ezquerra shares three points that you should start investing your money in from today:
Projects This area covers topics such as travel, university studies, cars, real estate. Forecast. The manager recommends saving in the event of illness or an accident. Retirement. By saving as of today, you can ensure a reasonable age.
The National Commission for the Protection and Defense of Users of Financial Services (Condusef) recommends using formal savings with authorized institutions. If you would like to know which organizations are accredited, contact the National Banking and Securities Commission (CNBV).
Remember that before investing, you should consult a specialist who will offer you the best system according to your profile and goals. In this context, José Antonio Ezquerra explains: "It is worth spending money, but the most important thing is to save."