El Dinero Report October 2020 | WEARESUMA

Money Is Not El Coco

Money Is Not El Coco

🧟‍♀️ What is it about Money that makes us all shiver? 🧟‍♀️

Not even the scariest of flicks can give us piel de gallina the same way that the word “finance” does.

Sabías que only about 19% of Latinos have individual retirement accounts, and less than 10% have investments in individual stocks, bonds or mutual funds? 

😱 Even scarier, only about 60% of us have a savings account, compared to 80% of the general population. 

💀Whether your distrust of banks came from your parents, or your abuelita’s stash in that Café Bustelo in the back of the freezer, it’s time to confront our fears and level up our collective wealth – juntos. ⚔️

As an easy way to get you started, check out our Suma Savings Calculator. 

So #LetsTalkDinero! What is the best money advice you have gotten?

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