In order to make the most of the second half of the year and combat the high interest rates of loans, experts will take into account four tips to take care of your finances.
According to a study carried out by Nu Colombia to banked people, 83.9 percent of those surveyed prioritize their expenses at home.
The Go out to the corner or go to the movies They also follow recurring planes among Colombians.
According to the survey, travel is the second category in which they use their credit card as a means of payment the most, with 24.2 percent, followed by Plans like movies, dinners and other tastes with 20.2 percent.
Medical emergencies, for example, complete 17 percent and only 6.3% of Colombians are trying to reduce their expenses or have decided to cut some consumption habits so far in 2023.
Neobanks are a savings alternative for the new generations.
The study will also reduce the fact that the Amazon is the region that most prioritizes household spending with 93.1 percent. It is followed by Atlántico with 89.5 percent, eastern Colombia with 84.0 percent, Pacífico and Antioquia, both with 82.1 percent.
For its part, the center of the country is in the penultimate position with 81.1 percent and Orinoquía with 78.1 percent.
1. Organize your finances
Developing a budget will allow you to order your finances and give you clarity about how much you earn, how much you spend and how much you have left to save.
Making a list of debts and categorizing them from most to least urgent will help you monitor and make informed financial decisions.
This method is recognized as a snowball and in this way the number of your debts will be reduced.
2. Save
Saving is not something that is done when there is money left over. Consider saving, however little, within your budget, so it will be easier to integrate this practice into your financial habits.
It is necessary to visualize the savings as an obligation just as important as the payment of debts, since in this way you will have a fund for emergencies or face improvisational situations. Having this habit will allow you to create a disciplined and financially savvy personality.
3.Invest
According to Chevyplan, it is essential that you begin to acquire knowledge about what is happening in the economy of the country or its environment, since this has a direct impact on your daily finances, even if you do not believe it.
This way you can know what and how to invest. While doing so carries certain risks, doing so With the right information you can take your finances to another level.
4. Think beyond credit
if your goal is to acquire a car or other asset, identify other options that do not have an interest such as those that manage the bank.
One of the thoughts that plays against the most when planning spending. remember that if you plan spending carefully, we can find a way to integrate the luxuries that are part of your life.
An example of this is Chevyplan, which allows you to buy your car under a programmed savings modality.
If you have questions or comments or you want us to write a topic for you, send an email, very specific and without attachments, to Laules@eltiempo.com