3 Reasons Why You Should Be Saving

¡Hola!

There are many reasons why we should save, but here are 3 important ones. Savings give you…

• Peace of mind

• The ability to purchase items and experiences that you want (e.g. una casita) without going into debt

• Help keep your finances organized

When you save, however, make sure that you’re keeping your dinero safe in a bank! In 2019, 12.2% of Latino households in the US were unbanked, compared to 2.5% of white ones (FDIC). Additionally, in México, only ⅓ of adult women have a bank account (Visa).

It’s important that our comunidades store our dinero in a bank because bank accounts offer…

• Safety

• Convenience

• Can give you interest on your money

• Help you access credit more easily

So here’s to saving more and keeping your dinero safe!