In a recent episode of the podcast «The voices of Satoshi", Bit2Me's social media expert, Fatima Pereira, offered some valuable advice on personal finances. Firstly, the expert stressed the importance of creating the habit of saving. “We can define saving as the habit of regularly setting aside a specific amount of money and putting it away. The amount of money will depend on our personal situation,” she said.
For Pereira, it is important to look for savings accounts that generate additional rewards, both in the banking and cryptocurrency fields. “It is important to leave the money in accounts that not only generate interest, but also rewards for staking,” he advised.
The expert also pointed out that experts recommend saving 10% of what you earn whenever possible, in order to deal with possible eventualities or to invest it. "It is important to have a certain amount of money saved to deal with unforeseen situations, but it is also important to invest part of that money to generate more income," she said.
Pereira also talked about the different types of investments available. According to her, there are three types of investments: low risk, medium risk and high risk. Low risk investments, such as treasury bonds or treasury bills, usually have a practically impossible loss of the initial capital. On the other hand, medium risk investments, such as public debt bonds or real estate, have a moderate risk and guarantees on the initial capital. Finally, the high risk investments, such as business projects or volatile assets, require a high risk capacity and a deep knowledge of investment.
It is important to keep in mind that high-risk investments can lead to large profits, but also large losses. That is why it is important to have a deep knowledge of the projects or assets in which you are going to invest. In this sense, an interesting option is cryptocurrencies, since their value can vary greatly in a very short time. However, it is important to be well informed before investing in them.
Another important tip is diversify investmentsThat is, not investing all the money in a single project or asset, but rather distributing it among several. This way, if one investment does not work well, not all the money is lost.
Fátima Pereira, social media expert at Bit2Me, also recommends educate yourself financially. “It is important to have a basic understanding of financial products and services, as well as of markets and economic trends. This way, you can make informed decisions and avoid falling for scams or non-transparent financial products.”
In short, to have good personal finances it is important to have the habit of saving, investing intelligently and in a diversified way, and educating yourself financially. With these tips, you will be prepared to face any eventuality and take advantage of the opportunities that arise in the future.
