Did you know that the person with the most financial problems in Peru is the young population? Good Finance recently revealed that out of 10 young people have trouble dealing with their debts.
Bad habits from this stage of life prevent this population from saving for retirement, emergencies, etc. Discover in this note the three great reasons why Peruvians have bad saving habits .
We take out unplanned debts
The first bad habit that does not allow us to save is to borrow without conscience. How do we do this? Through credit cards that we can obtain since we reach the age of majority if we have sustainable income.
Another way in which we borrow is by taking out loans to undertake without having made a business plan . We also increase our debts by buying with loans or credit what we could get if we save a little.
We are not clear about our personal budget
If we want to start saving and not just pay debts or live with the right one, what we have to do is be clear about what goes in and out of our pockets each month.
Preparing a personal budget is vital, this will prevent us from spending as if there were no tomorrow and always have a fund for emergencies that may arise.
We believe that credit is more money
They increased your credit line!: You have more money to buy. This is not true, what you have is more plastic money, that is, not real money, but the loan that the bank gives you to use as you want. Ideally, do not use this money unless it is an emergency – or a planned expense. It is that you should know that the interests of the credits are not at all low.
Did you know that we are not so bad in savings figures either? According to reports almost half of the population saves. It is true that from this figure not all people save in banks – they prefer to do it outside the system – but it is already an important amount that they are thinking about their future. The goal is for us to be more and more savers!