# EP 56 - CMF: ¿Puedes invertir con un sueldo de 20,000 pesos?

An episode of [Economics Data Podcast](https://invisiblenetwork.ai/podcast/1690287258), 26 Jun 2024, 40 min.

Audio: https://dts.podtrac.com/redirect.mp3/api.spreaker.com/download/episode/60510123/ecd_adarilis_mejia_01.mp3

En este episodio trabajamos una cita médica financiera con Adarilis, una joven de 22 años con muchas responsabilidades, sin embargo no se ha limitado a la típica excusa que muchos utilizan de que “el dinero no les da para ahorrar” ya que con su sueldo de 20,000 pesos aún así invierte. En el episodio hablamos de cómo mejorar el tema de no sentir culpa al incurrir a gastos secundarios, ya que actualmente solo destina para gastos esenciales e inversiones y aquí sabemos que la vida es un balance. También aclaramos sus dudas en instrumentos de inversión como letras y bonos Si quieres seguir aprendiendo de finanzas “con cucharitas” síguenos Instagram: https://www.instagram.com/economicsdata?igsh=MTlvbWh6dGpuNXNoNQ%3D%3D&utm_source=qr Youtube: https://youtube.com/@economicsdata257?si=9fyEt_UkKlF4iZbZ TikTok: https://www.tiktok.com/@economicsdata?_t=8jr1dO433ZN&_r=1

## Transcript

[0:03] You are ready for the financial event that will change your life forever. Finally,
[0:08] the event you expected most, the most important financial event of the year,
[0:13] the financial fair with spoons, the appointments next Saturday, July 3,
[0:18] or the Intercontinental hotel, where we will have an agenda full of financial knowledge,
[0:23] talks and an interactive space where you can meet and request the best financial
[0:30] products. Get your MWWWW lockers. Men' s economic com welcome to Economics
[0:42] tata your finance podcast. Here we will speak lightly and sincerely of money,
[0:47] where together we will turn the difficult into easy and clear we will take our
[0:54] finances to another level. From now on, your numbers will be as if
[0:58] you' ve never done this for a lecturing past, a healthy present,
[1:03] a promising future, and a grateful pocket. That' s why we'
[1:07] re following us on Instagram, Facebook, tik tok, linking and Twitter.
[1:10] It' s an ecoromist. I' ve welcomed you to a new episode
[1:14] more economics Tata your Podcast Finance. I' m Kimberlyn and I open it
[1:18] and today we have a financial doctor' s office, but a little changed.
[1:21] True here in the podcast where we are going to be answering some specific
[1:26] doubts that has a dear follower, rid and install. His name is Alarills
[1:32] Mejiía and he is a student of Marketing. She' s 22 years old.
[1:34] He' s already working on his first impaleo and we want to meet
[1:40] him. We want to know what those doubts are that so much financial progress
[1:45] has been made thanks to financial education, which you know is the basis of
[1:49] many things and many good decisions. So welcome to Darilis. Thank you for
[1:55] agreeing to be fond hello, girls, greetings, greetings to everyone to give
[2:00] the Is, which is laughter with you. We warned you about a day
[2:02] ago that we' re going to be recording exactly yesterday afternoon, literally going
[2:07] by, I mean, it was like good we' re going to see
[2:10] because we' re not going to say no, but we' re going
[2:14] to die here if we' re the ball. So you did, you
[2:15] told me how you saw heaven and earth to be here. He talked to
[2:17] his boss. What you told the boss that I had a certain financial doctor,
[2:22] literally and what so, without you you have one. You had an
[2:25] interview, but I don' t know what I swear you don' t
[2:30] say hello. Gentlemen interpreter, he told me to explain to me I am
[2:35] Perez and I follow some girls on Instagram that they are the light at the
[2:39] end of the tunnel for any financial problems, and they invited me to an
[2:45] interview and I can not miss it. Yeah, I can miss it.
[2:47] She woe, but it' s nice that he agreed to give me permission
[2:53] so that you can be here and learn a little more and solve those financial
[2:59] doubts that you have more thanks to seeing doubts. I' m twenty-
[3:04] two. I started at seventeen eighteen working Wow, but a little early really
[3:13] with what I had to run into in the journal. Living is the typical
[3:17] excuse of others saying the money doesn' t give me and I, at
[3:23] the time I was that person until I ran into you. I' m
[3:28] really gonna do it when I' m here. I met the podcast last
[3:31] year, in January, kind of January February. From that moment on,
[3:36] I started getting organized. I made a vision board for the first time.
[3:39] I came from a little distorted relationship with the subject of money, that if
[3:45] I paid, it didn' t reach me, that if I had to
[3:49] help my mom, but it didn' t help enough, that it'
[3:53] s in college and so on. But my partner is a little archaic about
[3:55] savings. It' s not like I' m risky and we' re
[4:00] going to have investments. No, but he' s very organized, he
[4:03] likes to save a lot and that' s when I said I couldn'
[4:08] t come with that mess. He makes where he is, he' s
[4:10] such an organized person. I started listening to the podcast and I started organizing
[4:15] very well I got to make your budget. Yes, the first thing was
[4:18] to make a budget, organize savings, which is the first thing you always
[4:25] say about personal finances. The first thing is to save. After that,
[4:28] he' s not a step- by- step. At last year'
[4:30] s financial fair I opened my first, my first investment fund. Oko,
[4:35] you guys had to invest a lot. Once before. You announced the fair
[4:41] and in an episode of the podcast you said that you had made an effort
[4:45] that with a thousand pesos you could start. There is a specific purpose that
[4:48] I contacted them. I said, look, I' m going to the
[4:50] finance fair. I want to carry all my papers. I already told me
[4:54] there' s no problem at all. He' s gonna move you there,
[4:57] take all your papers and don' t worry. Ayá we can do
[5:00] each other. And that' s exactly how it was, from that very
[5:02] first moment. I started excellent and tell us a little bit. So you
[5:09] ' ve already started organizing, thanks to the podcast and your partner that he
[5:13] understood you as that spark that he hears I need organization. And then you
[5:17] started creating a true budget, of course you did now with what income level,
[5:21] how many. Here comes the interesting part. I earn twenty thousand pesos
[5:27] ok with the pretensions eighteen thousand eight hundred and eighteen pesos OK and I save
[5:33] invested or excellent and you have these. I' ve got gas. There
[5:39] are fixed essential costs that cannot be met. Who come to diminish. What
[5:44] they do is they increase, but I do it ok me what are your
[5:47] essential expenses? My essential cases are I bring home and pay for college and
[5:54] my ticket to go to work. Okay, I mean, literally that'
[5:59] s my three fixed expenses. I hardly ever vary, because the budget is
[6:04] specifically so that it doesn' t vary. But yes, those are my
[6:08] essential expenses. You could perfectly say right now look. I have essential expenses
[6:15] of both college, transportation, telephone, for example, and gained eighteen thousand
[6:19] and a peak as you indicated net and in the account, then I do
[6:25] not give to pray. You could say that, but you came out a
[6:29] little bit of that mentality that you told us that you started saying that money
[6:33] doesn' t reach me and you went on to say hey me with what
[6:38] I have. I can, I can pull a part out of you to
[6:42] reverse you go from a lack mentality to an abundance mentality totally and believe me
[6:46] that' s that mentality. Having it organized brings you more things, that
[6:51] is, without you realizing it, your panorama is going to improve more and
[6:56] more as time goes by and those n s that you are already seeing those
[7:00] yields, those fruits. He said today that you' re taking out every
[7:05] month. You have secondary expenses. Also not there goes my terman with me
[7:12] I don' t spend secondary. I mean, I' m afraid to
[7:19] buy things. An example. I find it hard for my compulsive buying sisters,
[7:25] they are people, and my mom buys me a blouse that if she
[7:29] bought me a pants, I would last forever to buy me clothes or an
[7:33] eternity for one than another secondary expense. Maybe I buy things for the hair
[7:39] or I buy food once in the fortnight. So that' s right,
[7:46] he' s a rubber, but I don' t have a hard time
[7:48] getting out of that high school. Not me as if it is necessary,
[7:51] very forced, I stop to buy a sunscreen or to buy something on the
[7:57] Internet, but it costs me, that is, to take out that secondary
[8:01] because I say you have to save and keep that then I am afraid.
[8:07] That' s my main fear of staying with that mentality and not allowing myself
[8:11] to do things for myself. I mean, I' m finally working so
[8:16] much park ok. So if you feel guilty about spending, then that'
[8:20] s where we go back to the mindset Karense wants. So, first I
[8:24] recommend a book that I' m just listening to now is a classic lion
[8:28] of basically finance. I don' t know if you' ve read it.
[8:30] It' s called secrets. The millionaire lover read it, but so
[8:33] I' ve seen him from The Heart Acker search for him, that is
[8:37] to say search for him. I recommend it because it' s helping you
[8:39] break up like with that mentality that it' s not that you can'
[8:43] t a mentality that he says is poor, but not poor for money.
[8:46] If there is no poor mentality here, that is the poor mind or twenty
[8:50] middle class, as he says or mind is rich, then the mind is
[8:52] rich. It already takes you to know that you deserve it, you deserve
[8:56] to really buy the things you want, but not with the waste that I
[9:01] only earn and spend on what I want, if not with that organization,
[9:03] with that balance that I make money. I produce money, but I also
[9:09] cover my life, the essential, but I also have a balance for me
[9:13] to enjoy the living and it is possible to do everything. I understand it
[9:18] ' s possible, but it' s like I tell you, I kind
[9:20] of have that limitation. I' d like to explain my billboard to my
[9:30] investment portfolio. I have a one- year investment fund in your reserves and
[9:37] I have one to three months in these reserves. Yeah, I got a
[9:41] three months. You' ve got time, I mean, you guys had
[9:43] a fair in November. Yes, November boyfriend, two thousand twenty- three,
[9:46] the first edition. Now in July, the second edition. Oan or
[9:50] a month I buy you s tickets friends November, I kind of soaked up
[9:56] at the fair, like putting all of you in the same basket and I
[10:01] said Ok, but it' s the trick not to put the same basket
[10:05] on you. I have an extra income that I am. I' m
[10:09] assisting an accountant. She pays me, but she doesn' t pay me
[10:13] monthly or you see it takes three months, four months. I don'
[10:16] t commit that money. Me, that money is my savings. It'
[10:20] s my savings. Once and for all then I have the one year,
[10:24] the three months and I' m right now in parval Ok. I'
[10:28] ve got bag letters. I have letters at the Central Bank. I'
[10:33] ve been reinvesting. I liked the stalls more than afy them but I have
[10:37] been reinvesting there and I have stumbled yesterday just as I sent my documentations to
[10:43] open a correct account at the VHD bag stand. But I' ve come
[10:48] across a concept that I didn' t understand Central Bank securities, that is,
[10:54] when she says no. I don' t have letters, I have
[10:56] titles and I kind of, okay, I, no, no, no,
[11:00] like I give that little detail, that little detail of titles, like
[11:05] I couldn' t specify it. But if I' m opening up my
[11:07] way for more opportunities, then that' s like a little bit, like
[11:13] a people who earn eighteen thousand pesos can have to say ah me, sir,
[11:18] open up a free brokerage account exactly the truth singer in an afi and
[11:22] like a totally free bag stand. So there' s also the excuse that
[11:24] I have to have a lot of money to invest. With a thousand pesos
[11:28] you can also start, now, you can open the free one and then,
[11:31] with a thousand steps, you can activate to start generating as it is.
[11:35] So, like I ran into that one and on time, I wanted
[11:39] to ask him about the titles too ok let' s go one step at
[11:43] a time. First, you have letters for those who don' t know
[11:46] what letters are. The letters are from the Central Bank, issued by the
[11:48] Central Bank of the Dominican Republic. They are a product that is your guarantee.
[11:52] It' s specifically felt because it' s them that emit it and
[11:58] it' s basically you' re lending it your money. The Bank focuses
[12:00] for a specific period of time which, in the case of letters, is
[12:03] short term. In other words, the letters expire within a period of less
[12:07] than one year. They have their specific expiration date. There are some that
[12:11] expire, for example, in November of this two thousand and twenty- four,
[12:15] others that expire in February of the two thousand and twenty- five.
[12:16] I mean, we' re talking short- term. But you, from
[12:18] day one, you know when he' s gonna beat in the letters.
[12:20] You have a fixed cup, you also know how much you' re going
[12:24] to earn from the start. And they buy at a discount that for many
[12:28] people who make a short circuit with the word sequen an investment, because it
[12:33] is simply like when you go to a store, that you buy something for
[12:35] a discount. You bought a blues that was worth two thousand five hundred pounds,
[12:39] but you paid two thousand you opened five hundred. Well, basically that
[12:43] ' s how they buy the letters at a discount and when they win that
[12:48] we already know they have their short- term expiration date, they pay you
[12:52] what you paid for the letter you bought at a discount plus this prize that
[12:56] was a discount that you didn' t have to pay at the beginning.
[12:58] So in the case of the blouse. Well, two thousand five hundred is
[13:01] what you' re going to get when that letter is over. But you
[13:05] only gave two thousand. So if your profit is five hundred. And that
[13:09] ' s why they bring out the profitability they give you, because when you
[13:13] compare those things, they give you a return. So that profitability is just
[13:18] the differential of that you bought at discount versus the value you' re going
[13:22] to get back at the end of the term. So that' s for
[13:24] the letter case. Now, we already have a basis to understand what the
[13:28] Central Bank' s securities are, what the Central Bank' s bonds are,
[13:33] which is precisely the same theory that it' s a money that you
[13:37] ' re lending to the Central Bank, that is, that we' re
[13:39] already talking about the same guarantee, the same security as a letter that you
[13:43] already know. But it' s not in the short term, I mean,
[13:46] we' re not talking about that in five months it' s going
[13:50] to beat in six months, in eight months, but they beat in,
[13:52] for example, in the two thousand twenty- five, two thousand twenty-
[13:56] six and so on. So it' s not a short term, it
[13:58] ' s a longer term. And unlike the letters, first they' re
[14:03] not always going to buy at a discount and they' re going to pay
[14:07] you interest every six months. In the case of bond securities. In the
[14:11] case of letters, your gain is only maturity. In the case of bonds
[14:13] it is every six months specifically those bonds. The Central Bank still has a
[14:20] fixed rate, if it' s day one you know your profit. What
[14:24] makes different to the letters of those bonuses, in addition to the term,
[14:28] is that discount that is not exactly on all bonuses, unlike athletes who always
[14:33] have it. So, there you have to quote, you have to quote.
[14:37] Ok as soon as you' re selling me the bonus. If I
[14:41] have ten thousand pesos, how much I have to pay to buy that bonus.
[14:45] I have to pay more, I have to pay ten thousand five hundred
[14:48] pesos, ten thousand eight hundred pesos or I have to pay less and in
[14:52] that case it would be discount. So, there you have to quote already
[14:54] with the stock exchange post to tell you how much that would be that you
[14:58] have to pay, which have long terms up to two thousand sixty, two
[15:03] thousand forty- one, but it doesn' t mean that you have to
[15:07] stay all that time. You can sell it before this time. The recommendation
[15:11] is that if you leave that money there is at least a year and a
[15:13] half two years, but I don' t mean you have to wait until
[15:18] the two thousand sixty before you can withdraw your money. You can remove it
[15:20] first through the purse stand. Exactly if we compare in terms of goals,
[15:26] the letters that you' re having right now that you' re investing in
[15:31] are for your goals to cut and time or to make up maybe this investment
[15:35] habit that with ten thousand you can open one and you' re accumulating it,
[15:39] but already the bonuses are for medium- term goals. Medium I mean,
[15:43] I can choose more than they do. They offered me a liquid liquidity
[15:50] fund account that they have and have a profitability of up to ten forty-
[15:56] eight a year or so. This is variable, it' s variable,
[16:00] but they' re averaging that. So, that did interest me. But
[16:04] I kind of said, well, I like the stalls so much, that
[16:07] it doesn' t cost anything to go well, but when I said to
[16:11] myself on the bonus there' s kind of had a little bit of short
[16:18] - term goal complication on the table, apart from the emergency fund, which
[16:22] is a goal we all have, but I' m sitting here without emergency
[16:26] funds. Brutus of even killing me this child. I' m starting to
[16:29] invest because it doesn' t have an emergency fund. No, it'
[16:30] s not the impossible. First the emergency fund and mumma stop my emergency fund
[16:37] is a four- month college. I mean, I have, that'
[16:41] s my goal. I' m in the middle of a career, but
[16:45] the plan is that if at some point I miss the job, I get
[16:48] the ticket as my mom says it' s always there on the table,
[16:52] but the college fee. I, my mom is a single mother and my
[16:56] sisters, I mean, I have sisters who also depend on her. It
[17:00] ' s like the university of priority, the passage, that appears on a
[17:03] day- to- day basis, but you have to pay for the university.
[17:04] Then I understand that in four months and I don' t have a
[17:08] job, I' ll get one, thank God. So that' s
[17:12] my emergency fund. I have it in that I have a goal. So
[17:17] my high performance tes will find me high performance at four percent per year.
[17:22] There' s the new one. Then my goal, which is the closest,
[17:26] the ma I have the most at hand. It' s just that
[17:30] my partner and I want to buy an apartment. Okay, so we plan
[17:34] is we' ve saved separately, because I' m a little bit more
[17:38] risky. I, like, look, I understand how not here little that
[17:41] generates more money. He' s like no. No, no, no,
[17:45] no, leave me with my notebook account and no, but show him
[17:49] everything your investments generate. But I taught him what to do. But I
[17:56] have to bring him to the pass. Okay, and he' s gonna
[17:57] keep you this episode. Of course I do. He' s my back,
[18:00] number one. But it' s like the fucken ching I say look
[18:04] at you think we put the money here, that here' s working one
[18:07] more chi, but it' s still a little bit more reserved with that
[18:15] part, the issue of the extra expenses. That gives me a little bit
[18:21] of fear that if we don' t reach, that if woe, what
[18:23] we' re going to do when we' re already in trouble then the
[18:30] Dominican and I' m going to forgive, the Dominican understands since you say
[18:36] oh I want to buy an apartment, twenty years paying for a house,
[18:41] but then we fall back like he' s repressed so much with that one.
[18:44] Oh, people say 20 years, 20 years goes by just the same
[18:47] and the people who live rented, well, I don' t know if
[18:49] that' s the case. But the people who see that in the end
[18:52] it lasts twenty years paying for a house, that there is not that person,
[18:56] then the goal is like buying an apartment, that is the great goal
[18:59] that you have. So I want to be guided like what are the points
[19:03] I have to have key. I have been heard referent that if the transfer
[19:07] tax, that if the closing cut, the closing expense, but if I
[19:12] have three hundred thousand pesos to put numbers And I have three hundred thousand pesos
[19:18] and the initial is eight hundred and the bonus the first house that one usually
[19:25] applies I go to three hundred fifths. I' ve got three hundred,
[19:30] that is, I' m two hundred short, that is, where the
[19:34] savings are coming where I' m putting it, that is, how I
[19:37] ' m doing it. That I want like that ok, it would be
[19:41] interesting to first consolidate the investments that you already have and also to define where
[19:47] the next investments are going to be placed I say to you because it is
[19:52] a goal that you have in common and that is good, because it is
[19:56] a goal that is reached faster and more in order when you have a partner
[20:00] next to you, also contributing to that goal, that is, that we
[20:03] begin. That' s why you have your excellent emergency fund. That stays
[20:06] where you already have it, which is a good product, a saving account,
[20:08] high performance. Now, the remnant already you have to focus it,
[20:14] project it for that great goal that is the building. So let' s
[20:18] reposition it in a product that gives you maybe a little bigger cup, like
[20:22] a mutual at a bag stand. You already have in carval and you will
[20:26] open in the vhb then go relocating in a mutual and leave a liquid background,
[20:33] for example, with your partner, that is, pooled name of the
[20:37] two, so that the two, every fortnight or every month, will undertake
[20:41] to go, paying, to grow that investment for the common goal that is
[20:45] the property. You guys need to go putting numbers. It is very important
[20:52] that yes, truth we grow the investment, etcetera, etcetera, but also
[20:55] go putting number of how many the property we want, of what amount.
[20:59] Or that and based on that moment, I need a twenty percent initial I
[21:02] need the transfer tax, I need the cost of valuation, I need the
[21:10] bank charges, then I need to put all those numbers on. We have
[21:15] to like cell aha. We have a life on Instagram. We even have
[21:18] an episode of debts where we say all those categories that you have to take
[21:22] into account when taking a loan so that you already have the number, because
[21:26] it' s that if not how you know when you already reach death.
[21:30] Not everything is. Right now, everything' s as air as it is.
[21:33] We have been able to sit down because my partner also comes from fear
[21:37] of himself. But things always happen like that when you' re reaching it,
[21:41] something always comes and it kind of knocks down that goal or like then
[21:47] lady a little airy. So I wanted to just land it by looking at
[21:51] it. But exactly that number you can' t measure where you are,
[21:53] where you' re going, or how you strive to grow that investment,
[21:59] where you' re going to grow the investment. For now they can put
[22:02] liquids in that background with a background sixty days ago, also depending on background
[22:07] to ninety days. Between those three, you can choose in the name of
[22:10] the two and the exact mutual, make a combination like a trampoline. You
[22:15] are making monthly contributions to that investment fund and then when you have a capital,
[22:19] because you pass it on to a mutual. OK. And it'
[22:23] s super important what Kim wants from the amount, because that' s gonna
[22:29] give them a sign of OK. I need two years to save. I
[22:32] need a year and a half. I need an exact year. And don
[22:34] ' t get discouraged. Exactly, don' t demolish because it says like
[22:38] ah it did come to an emergency. Well, that' s what I
[22:41] have the emergency fund for. Then I know that my term is two years
[22:45] and with the investments, that term will be reduced a little bit more.
[22:48] Oh, you' re gonna have interests that they' re gonna generate for
[22:52] you during those two years, that' s gonna help you move. For
[22:55] example, to furnish that house you want. And about the deadline or what
[23:00] you were saying is there' s a 20- year fear of wow,
[23:03] a mortgage loan, that' s too much. I don' t know
[23:06] where I' m gonna be in 20 years. You take that 20-
[23:08] year loan and it doesn' t mean you' re gonna stay 20 years.
[23:12] You' re going to create a plan to make extraordinary payments when you
[23:18] get double pay, when you get a bonus, that extra income you were
[23:22] talking about. And so you' re not going to stay those 20 years
[23:26] and you' re going to pay less interest. But that shouldn' t
[23:27] scare them. I am pro to take the loan as long as possible,
[23:33] as long as it adapts the quota to you, because you know that the
[23:36] longer the loan, because the quota is more comfortable. In my case,
[23:38] I' ve taken two mortgage loans. The first one went to thirty years
[23:42] without problem and we saved it because we sold the apartment, and the second
[23:48] loan is twenty years away, so that doesn' t stress me at all.
[23:52] I am not worried at all about why, because we have the plan
[23:55] that first the quota will accommodate us, i e I am paying my extremely
[24:00] comfortable and second instalments, when I make extraordinary bonds to that loan, because
[24:07] under the simple deadline it is not necessary to last for twenty years either.
[24:08] Okay, one took the loan, I mean, but you take advantage of
[24:11] it. Aha from that thing, that fee. Now I' m going
[24:17] with a disappointing part for you, I mean, no. It' s
[24:19] all pink girls. Last year, after I had the fair with you,
[24:27] I listened to the podcasts about the cards and got soaked in that what happens.
[24:34] I' ve never had my credit card, I mean, I'
[24:37] ve never been given anything. I applied to a bank Mira richa do ok
[24:41] no, brother, but I am that you keep applying. No. But
[24:45] I applied to another bank and they did give it to me. OK gives
[24:48] me no benefit. Okay, I don' t know how long you have
[24:51] it anymore. I' m gonna buy a year. Now, now in
[24:53] June to twenty- eight. It' s not even excellent out there.
[24:57] Now you can apply for a corporal and it' s gonna be time.
[25:00] Six months ago you could quote a change. OK, then don' t.
[25:03] That wasn' t gonna take the next one, I mean, I
[25:07] got a note when they do the card one again to find out which cards
[25:11] the shiners are. Giving that card my workshop take, that workshop intended to
[25:15] take it for me to know what I want it to take, because I
[25:22] ' m going to take off my first card, the first card that gave
[25:26] me light to put it that way. I have dollars and I have pesos.
[25:30] I' ve done very well. Ma handled excellent with her. I
[25:33] took one of quik that gives one percent cash, because to have nothing,
[25:37] at least that gives someone, of course, but that one I have there
[25:41] as that for any little thing is not priority, but I the other cause
[25:45] it more, it gives me no benefit. But now, I want to
[25:49] take on the following expenses. I want to change what it' s like
[25:53] to pay for passage, to pay for fuel. I' ll explain to
[25:56] you my partner has a vehicle. Balance, thanks to the lord and the
[26:00] vehicle is standing because he has an egg. No work like that. So
[26:06] I said I really liked the episode that' s coming out. Over there.
[26:11] One knows that one wants to leave from applying for a visa, I
[26:15] made for the United States and separates France and is for all sides. For
[26:18] example, you no longer have a license on this page and you want to,
[26:22] that is, you want to see it, but you don' t
[26:25] have the licentiate in your country, I mean you want a visa, but
[26:27] you already Juan Dorio weighs you, that is little more coherence. So I
[26:32] ' m in the process of getting my license out and I' m going
[26:37] to assume, take fuel spending what you spent on passage and more for convenience.
[26:40] I' m a little late for college, too. So my priority
[26:45] is to look for a card that gives me benefits in those areas, that
[26:49] benefits me in those areas, like the supermarket, like fuel, because we
[26:55] ' re already planning to buy apartment, we' re planning to move,
[26:59] we' re not learning, that we need a card that gives us some
[27:02] benefit. With the subject of appliances, with the theme of looking, I
[27:06] want to buy such a thing for the house and it is no longer projecting
[27:11] itself exactly. So you' re projecting into a family. I like lega
[27:15] if you' re always very read and not really. I like your projection,
[27:19] because you' re having the vision that this is what they come from,
[27:23] because let me do it from now on and don' t wait until
[27:27] I' m already moved with that touch. He' s upstairs and losing
[27:30] money, knowing I could have prepared for this that I know he' s
[27:34] definitely coming. In our country there are many card options that are suitable for
[27:38] that, that you are looking for family cards that provide you with those essential
[27:44] expenses that a house has, such as food and electricity, the fuel far
[27:48] more and those expenses that come yes or yes or yes. Among them is
[27:55] Banesco' s super cash fact that gives you water and light services in your
[27:59] supermarket, which is something you' re going to have, yes or yes.
[28:03] There is also the family pab and the prize becha, which they also
[28:07] give in supermarkets. There is one, for example, in Vimenca, the
[28:11] plus one visa that gives you twenty percent return in restaurants and also gives you
[28:18] the fuel, which is something you are looking for. Gives you an exact
[28:21] five percent. So those are some that you can compare. Many of them
[28:26] are going to be available at the fair and you' re going to be
[28:30] there. Of course, and aside, for example, that which you already
[28:33] have Quick te, although it gives you one percent cash bag in all unlimited
[28:36] purchases also make offers for example, they recently had one in Plazalama. Then
[28:42] you can evaluate the part of the appliances of those cards that you already have,
[28:48] that is, that of Quick that already gives you that one percent every
[28:49] day in all consumptions, because evaluate those emails that send promotions that can help
[28:55] you for example to that process when it arrives of furnishing and everything else.
[29:00] Okay, I' m a vovo waiting for the e- mails because thanks
[29:06] to you, they' re interviewing each other every day. Yeah, I
[29:07] took advantage of my card, which doesn' t give me any benefits if
[29:11] I' ve taken advantage of a few, because one has to keep an
[29:15] eye on the mail. But the university also feels like it' s not
[29:17] anymore. But in college I also need to kind of lighten up. Yeah,
[29:23] and you faceo ci t t the same. You can combine the card
[29:30] you' re going to take out with your partner so that the two complement
[29:33] each other. Obviously, at that moment you define who' s going to
[29:37] cover what, according to what you earn, like ah look, I'
[29:38] m going to cover the electricity. You cover the supermarket. I' ll
[29:42] cover the fuel. So if he likes it, too, he' s
[29:45] choosing to look at my card, it' s going to be this.
[29:48] Your card' s gonna be this. OK, that' s also a
[29:51] tip I wanted to take, because I see it the next way. Always
[29:56] as a rule, my partner and I don' t work on the fifty
[30:02] - fifty theme, I mean, that' s not what' s ever
[30:06] been in my timime, but he doesn' t leave me there either,
[30:08] it' s a macho thing. Man, hairy protector, not what to
[30:11] subtract brown I spend, wait, you begged your rope yours always tells me
[30:18] how his peace of mind is that I don' t have to use my
[30:22] money to solve things, that is, force them both always. But I
[30:26] understand that it already exists inside the house, there is no fifty to fifty,
[30:30] but neither did you. You pay for everything and I pay for me
[30:33] to keep mine, so you recommend me do the following. I have evaluated
[30:37] it as follows, such as putting up an account for all the expenses of
[30:42] the house and two people, or an account for all the cases of the
[30:47] house, a savings account and a staff for everyone. So, what I
[30:51] ' m saying is this. If you come alone to the house, put
[30:56] them all on the bill that it is for the house and then then divide
[31:00] it, that is to say to divide what goes for the savings and what
[31:03] it is for me because you go to the salon, the hairdresser bullet and
[31:07] so on and pay all the expenses. Or as they say with the card,
[31:11] you assume such a thing. I assume such a thing. Not that
[31:14] we will never recommend a method especially for couples, but each one is testing.
[31:21] Indeed, I know that you mention it is one that also use many
[31:25] couples, especially Christian couples, that this is something that even inculcate you in
[31:29] the premarital course before you do it for the Catholic Church, that you put
[31:33] with your partner everything in a cash pool as you say and then all the
[31:40] expenses come out, It covers everything of the house and then what remains,
[31:42] because it is divided between two. So they can do it, yes,
[31:45] they feel comfortable. In my case, I don' t do it that
[31:48] way and I divide it by categories. I mean, I choose certain categories
[31:52] and he has certain categories and everyone who covers those categories and we know our
[31:56] responsibility, so they can go on testing how exactly they work what they have
[32:00] to do and that the method that least brings conflicts to the house, because
[32:05] what can happen with that method not to everyone. Again to some couples who
[32:09] later say like ah but you' re spending more in the living room than
[32:14] I' m spending barbershop. Or one gains more, that is to say,
[32:17] one has to see what is better copla with you that gives less conflict.
[32:21] We have a lot of couples who do super well with that method,
[32:25] even though we don' t use that method and it' s not bad.
[32:28] The important thing is that you guys go testing can start like this,
[32:31] since you had it in mind. You evaluate how he' s going to
[32:36] look at this isn' t bringing conflict. All is well peace and then
[32:39] follow that one and if you can' t prove either the one of lines
[32:45] or the one of Midad and Midad Ok, that would work. Then I
[32:50] don' t know. I want to hear your recommendations for me that I
[32:53] can improve, that I can go removing by putting. I don' t
[32:58] know the truth you' re going that well, I mean, what we
[33:02] do want is to focus on that change mentality that I don' t feel
[33:07] guilty about making an expense that makes me happy On the contrary, I enjoy
[33:12] that expense that brings me happiness. I' m working for something, I
[33:15] ' m getting organized, I' ve got my goals straight, I'
[33:17] ve got my projection. Whatever I' m gonna get to, but you
[33:22] don' t have to don' t know if this is the word,
[33:27] but torturing for making an expense of throwing away that you don' t make
[33:30] it hard for me, centuries without buying clothes, but you like to buy
[33:32] clothes, I mean, identify what things you like. Lately, I'
[33:35] ve felt guilty, guilty, that' s to say, to add to
[33:39] him, but buy yourself a blouse. Or I told my sister I feel
[33:42] like I' m not buying things for myself what I' m doing.
[33:45] But I bought the ticket for the fair and I was the happiest girl in
[33:50] the world, that is, totally me. If I give a gift to
[33:54] a person, I feel very good, that is, I tend to be
[33:58] a bit of a detailist. My mom always details and how she likes it
[34:00] and so on, but personally, outside of that the fair is more than
[34:06] a taste, it is a need to the naked eye for me that I
[34:10] like to learn more, to organize myself more. So, I kind of
[34:14] don' t see it as an expense. But rather, in my case
[34:15] it' s an investment, because one goes I opened my first account.
[34:20] With I opened my first account and already I have profited from it. Then
[34:22] there is as a clear investment totally, knowledge. It' s definitely an
[34:28] investment. But I do recommend you identify those things that make you happy.
[34:32] IT doesn' t have to be clothes, that' s because your sister
[34:35] might tell you how there is, but you don' t buy troops.
[34:37] But yeah, I don' t like it, I mean I' m
[34:39] crazy I like exact makeup I like you what you like makeup, or do
[34:44] I like to go to the salon and give me a massage? This is
[34:45] your secondary school, or what I like is going to the gym or that
[34:50] kind of pilates or that kind of spinning, because that' s what I
[34:53] like then. But it does identify a part of that balance that we always
[34:59] recommend, of that season that you have to have, because also, that
[35:04] is, you work every day. Look how you had to ask for permission
[35:07] to come here. You deserve to have those side expenses for you to relax,
[35:12] for you to enjoy. But based on you, I don' t
[35:15] pack your sister. No, not sure, that' s right. And
[35:19] we also recommend that you go bring your partner, bring her to this theme,
[35:25] that is, invite him to the fair. That' s right to
[35:29] tell him Listen, we' re going to go together, vast talk together,
[35:32] and you' re going to see how he gets a little more motivated.
[35:34] Send him the cough videos, send him the trouble with the videos.
[35:37] He likes it very safe with this one, too. He will already change
[35:39] well, also send him the statements of your investments. It won' t
[35:49] be the winnings for him to look at. I' ve got two months
[35:52] here and look, I' ve already earned eight hundred pesos, a thousand
[35:55] two hundred pesos for that. So that also wakes up that spark, because
[35:59] in the end, not everyone who in the same financial education, not everyone
[36:02] hears the same thing and not everyone may be on the same page. But,
[36:07] as a couple, yes, it is important to take the other to
[36:12] your more financially positive terrain, because in the end the two have a very
[36:15] great goal in common, which is the real estate. And for that to
[36:19] be achieved efficiently and in the time you want, you need him to be
[36:22] on your side. You also need to bring him more. I have to
[36:24] use the tactics that of course I want to answer the question with which I
[36:30] came to you here because you put a little door on the podcast where it
[36:37] said what people did with their double salary I prayed half a year and you
[36:43] gave it half a year and you already gave it double floor. And bonus
[36:47] because the company in April already give you no. Nice. If you ask
[36:52] me that they have eaten double salary, guess what you invested and I didn
[36:58] ' t say anything to give you protruded all that money, I mean you
[37:01] took all that money? No, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no. No, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no. No,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no,
[37:02] no, no, no, no, no, no, no, no,
[37:02] no, no, no, no, no. No, no.
[37:02] No. No. He bought you a cell phone. I bought a cell
[37:08] phone and saved money. I mean, I totally invested. I also received
[37:13] a bonus recently that with that is that I intend to make my other investment
[37:16] in a stock market, which is where I am evaluating right now. I
[37:21] mean, there are no excuses, there are no excuses, and above all,
[37:24] those investments already have a name in my future home, exactly all my
[37:30] investments. That' s really the north you have, that is, whether
[37:32] it' s distributed as a stan or changing them, but they all have
[37:39] the same, because there' s what' s missing is you determine the
[37:44] amount, determine the amount of that property plus those legal expenses that we talked
[37:51] about, that IPI and so you identify ok this is the amount that I
[37:55] need and how long it' s going to take me based on what we
[38:00] can save, slash invest every month and you know push your partner to invest
[38:04] because you tell him look. We' re going to get to that one
[38:06] faster on the net peisola that we all definitely have. I' ll bring
[38:09] it, I' ll bring it excellent, because thank you very much.
[38:14] We' ll see you in a week at the fair, so you can
[38:19] also take it there so that you can also evaluate credit cards. They'
[38:22] re going to have a variety of options there. They' re going to
[38:25] learn about investments, about money mentality, that lack that we saw that we
[38:32] have to change abundance, we' re also going to have talks about that.
[38:35] So you both have to go on that financial medical appointment or yes.
[38:38] It' s gonna be a gift to him and to you. So we
[38:42] wish you every success in the world. You' re doing great, so
[38:46] we congratulate you. Look like a short time and at your young age you
[38:51] ' ve already accomplished a lot without excuse, like we said, I mean,
[38:55] you said, okay, this is what I get what I can do
[38:59] with that. Then we congratulate you on that and that you can put into
[39:02] practice everything you have learned Today and God by seeing us at the fair.
[39:07] So we wish you all the best singing the girls days, counting the excellent
[39:12] days, because you guys learned a lot from this. You know you don
[39:15] ' t have an excuse that money doesn' t give you. We already
[39:20] know that with little we can invest, we can organize our finances and achieve
[39:27] those goals and dreams that we all have. So I know you learned a
[39:30] lot in this episode. Don' t be alone with him and share it
[39:32] with all your friends, your partner, and your family. I' ll
[39:37] see you next goodbye.

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