Today more than ever, saving is essential to have resources at hand, especially in the face of economic phenomena that are currently being experienced, so knowing about cases such as that of a millennial that saves close to two million pesos and reveals tips to achieve a sum of this level.
studies like “Millennials and Investing: a detailed look at approaches and attitudes across the globe” they realize that the main resources in which they invest are cryptocurrencies, 59 percent; stocks, 57 percent and retirement accounts.
Save about two million pesos
Tori Dunlap was consulted by Make It, to find out how she managed to save close to two million pesos and her advice helps to understand the relationship that must be had with money, at least among the new generations.
In achieving her goal, Dunlap says she created her blog “Her First $100k” and quit her job, to help with her content to give women more control of their capital, as well as content against the social inequality to which women are exposed.
Develop the skill to save millions
Saving money is a skill that requires practice, at least that’s what Dunlap warns, so he recognizes that it takes studying to learn how to generate money and manage it, so he recognizes that we are on a learning curve, where the habit of studying how to get the most out of financial capital is being formed.
Define values and work based on them
The millennial who saved until she became a millionaire explains that before establishing financial goals, you must have a good set of values, since these are the ones that determine why you carry out the activities that generate income.
save for emergencies
Savings for emergencies is a personal fund that is tied to current economic circumstances, so on Dunlap’s recommendation it recognizes that the fund should be designed to help you between three and six months, to help ensure that you keep said funds intact. Benefits.
Robert Croack is a personality in networks and recently published a video where he confesses his recommendations so that the person who sees it is the first millionaire of the family to which he belongs.
In his first tip, he ensures that you should start investing, even if they are small amounts, but on a regular basis.
Another piece of advice is to change your mentality, so it is advisable to think when you have money, what to invest it in instead of what to spend it on.
Both recommendations are important tips to change people’s relationship with money and understand the potential of this economic good.