Saving in dollar without planning can be an expensive error; Knowing clear strategies allows young people to build a solid financial future.
The dollar became a key shelter for youths that seek to preserve value against the inflation and volatility. However, saving without strategy can transform security into a risk. With financial education and discipline, It is possible to turn savings into a real growth tool.
Several specialists warn that the most frequent mistakes respond to the Lack of planning and knowledge. Detecting these failures is essential for each weight to dollars fulfill its purpose: protect the heritage and open the path to economic stability.
Economy of Knowledge.jpg
The main mistakes of young people when saving
Lorena Malatesta, Vice President of Marketing in IOL Inversiones, points out that One of the most common failures is to keep only what is left over at the end of the month. This practice leaves savings without a defined objective, which prevents accumulating constantly and organized.
Another error lies in leaving the immobilized money In accounts that do not generate interest. According to Malatesta, many young people do not differentiate between saving and simply protecting money, which ends up liquefying their value against inflation.
Nery Persichini, Head of Research & Strategy in GMA Capitalwarns that concentrating everything in a single financial instrument limits performance possibilities. Betting only on the unnivers dollar leaves out alternatives with better short and medium term performance.
Finally, Camilo Tiscornia, director of C&T Economic Advisorsexplains that ignorance about common investment funds or yield deprives many young people with accessible tools that exceed the fixed term and allow protecting capital in hard currency.
What you have to know to save in dollars
The first step is order personal finance: set a fixed income percentage for savings in dollars and maintain discipline. This constancy generates an economic mattress capable of resisting market fluctuations.
In addition, it is key diversify. Combining the dollar shelter with instruments such as investment funds, yields or even Stablecoins allows you to reduce risks and expand opportunities. With information and patience, young people can transform savings into a solid base for their financial future.
Source: Ambito
