Emergency Fund Vs. Latin@ Remedies

Starting off the week on the right foot means that you not only rely on the power of prayer and your mamá’s caldo de res to get through a difficult time, but on knowing that you have an emergency fund if tragedy were to come knocking on your door. 👀🥣

We are by no means trying to bring bad juju into your life, instead we are trying to inspire you to get started on building up that financial colchon. No, not the one where you keep money under the colchon! 🤑 But in a high-yield savings account! 😉

We know Latin@s have the best home remedies to get you through anything, but when it comes to finances, putting money aside is always a good idea. 💰

First, time to use that sage and do a financial limpia! 💆🏽‍♀️💆🏽‍♂️ Then pay off as much of your debt as you can, start a budget, and keep an eye on where you money goes. Once you have a grasp on your finances, you can start putting away 10% for savings and the other 10% for your emergency fund. Any amount works. The goal is to be able to cover 4-6 months of your monthly expenses. ✍🏽💵

So start caldo season with a new financial goal and lookout for your future self. 😉🙌🏽  For more financial info, click Get Started to go to our Suma App. Let’s build wealth juntos!