10 Tiny Habits That Will Have You Cashing Out (Getting Rich)

You don’t need a finance degree or a million-dollar inheritance to build wealth—you just need a few consistent habits, some pilas, and a lot of intention. Especially for our comunidad Latina, where money conversations haven’t always been easy, these tiny habits can shift the game from surviving to thriving.

Here are 10 tiny (but mighty) habits that will help you grow your income, build financial independence, and create generational wealth:

Create space for money chisme

Yup, we said it: chisme, but make it about money. The most financially successful Latino households have one thing in common—they talk about money. According to a Wells Fargo study, families that openly communicate about finances and life goals tend to have better outcomes. That means talking budgets at dinner, sharing saving tips with cousins, or getting real about financial struggles. Why it matters: Nearly half (46%) of Hispanic households lack an emergency fund, according to TIAA. But families that share knowledge and support each other are more likely to build one. Even just a few hundred dollars can be a powerful first step to break the cycle of high-interest borrowing.

Save first, then spend

If you wait to save until after you’ve paid all your bills and had your fun, chances are… you won’t. Flip the script. Every time money hits your account, put a portion aside for savings first — even if it’s just $50 or $500. This “pay yourself first” mentality builds consistency. Experts agree: financial stability starts with saving and budgeting, especially in Latino households facing wage gaps and high support expectations.

Create more than you consume

Whether you start a side hustle, sell handmade goods, or share your knowledge online, find ways to produce. Wealthy people tend to create things: content, businesses, solutions. Shift from being just a buyer to being a builder. Entrepreneurs in our community—like Vanessa Coppes and Kathleen Fuentes—prove that creating with culture and consistency can lead to generational success.

Get involved in your community

Wealth isn’t just individual—it’s collective. When you engage in cultural practices like tandas (informal savings circles), you’re building wealth together. These traditions aren’t just about saving money—they’re about accountability and trust. According to research on Latino financial practices, these networks enhance family financial goals. Bonus: your local library, community workshops, and free events are hidden gold mines for financial education and growth.

Check the cost of your favorite stores

Love Target, Starbucks, or Ulta? Next time you’re scrolling, ask: “Do they have a stock?” or even, “Is this industry growing in the market?” One tiny habit that will make you rich is learning to think like an investor. A recent study shows 52% of Latinas have significantly grown their investing knowledge in the past five years. Don’t just buy the products—consider owning part of the company. Look into free investing communities like Latina Investors or DineroDiva.

Detox your feed (and your friends)

Unfollow anyone who makes you feel behind or bad about your money journey. Instead, curate your environment—online and IRL—with people who talk about growth, healing, and healthy finances. Wealth begins with peace of mind, not comparison traps.

Negotiate everything

From your internet bill to your salary, normalize asking for better. You can start by calling your phone provider and asking for discounts. Build up to negotiating job offers, freelance rates, or contracts. According to Latina financial educators like Lea Landaverde, negotiation is one of the most powerful tools Latinas can use to close the income gap and claim their worth.

Become a mentor and find a mentor

We rise by lifting others. Be the money role model you didn’t have growing up, and also seek people you can learn from. A report from Morningstar shows that mentorship and financial role modeling have a major impact on financial literacy—especially among first-generation communities.

Set specific goals every year, every month

Vague goals like “I want to save more” won’t cut it. Try: “I will save $12,000 for my emergency fund in 2025.” Then break that down: That’s $1,000/month, or about $250/week. Put those numbers on sticky notes, your phone background, or your fridge. Research shows that goal setting—especially when numbers are attached—leads to significantly higher follow-through.

Make yourself one paycheck ahead of an emergency

This is your safety net. Build up enough savings to cover at least one paycheck—then grow that to cover 3–6 months of expenses. Use budgeting apps, savings envelopes, or even automate transfers. Getting ahead of the next “uh-oh” moment means fewer credit cards, fewer predatory loans, and way more peace. And yes, that peace is part of your wealth.

Remember: Wealth isn’t about flashy purchases or overnight success. It’s about steady habits, cultural connection, and comunidad. Start with one habit, stay consistent, and watch how the richness starts to show up in your life—money-wise and beyond.

And of course, to track your hábitos and do a complete financial reset in just 30 days, check out the FREE 30-day challenge happening right now with Fierce by mitú!

Our Cartera Reset Challenge gives you the accountability, community, and step-by-step guidance you need to put these cash-out habits into action. No more procrastinating on your financial goals!

Join the others in our comunidad who are already transforming their relationship with money.

Get started today: www.fiercebymitu.com/cartera-reset

¡Tu futuro financial self will thank you!