Money Talks February 2022 | Miriam Bribiesca

How the Russian Invasion Could Affect Your Dinero

How the Russian Invasion Could Affect Your Dinero

As we watch the news coming out of Ukraine in disbelief, our hearts go out to their citizens along with all of our oraciones 🙏🏽. However, as we know, the world is interconnected and what happens there affects us all too. The first thing that will be impacted are our FINANCES!💰

Pero mantengan la calma, there is a lot we still don’t know, but here’s some guidance to help you and even your abuelit@ understand what to expect in the next couple of days and weeks when it comes to your dinero. 👀

Here are 3 ways the Ukraine invasion will affect our dinero:

1. Inflation- When tacos go from $1.25 to $2.50. Our gustitos will become more expensive. So Get ready to put more coins into your cochinito! 📈

2. The Stock Market- The stock market will fluctuate. Pero Mij@ don’t PANIC! Investing is a long term game. So agárrate and carry on! 📊

3. Gas Prices – Yep, the price of a gallon is speeding up faster than your carachita on a mountain! 🚗
So Aprieta el cinturón and adjust your bestie el budget as needed. It’s also time to think of alternative ways of transportation like biking or carpooling with friends or coworkers to help avoid spending so much on gas. ⛽️

Remember that we are in this together 💪🏽

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