Sunday, July 3, 2022
US Daily News Onlne


These are challenging times for your finances

Everything indicates that we will continue to have relatively high inflation and that interest rates will continue to rise. Though…

By admin , in news , at May 23, 2022

Everything indicates that we will continue to have relatively high inflation and that interest rates will continue to rise. Though we are not facing any calamity, we should be careful in our spending, but above all there are opportunities to save in case of increase in interest rates.

In Mexico, consumption has improved but investment remains stagnant. In addition, violence and insecurity is on the rise in various areas of the country and there are factors that can harm whether an entrepreneur can even think of setting up any kind of business. So it is important that hopefully one day we will have the rule of law.

It is essential that there be incentives in Mexico so that people can build small and medium businesses. We are still a country with a lot of informality.

Families will need to budget for responsible spending and businesses will be wise to invest. The economic recovery will depend on the certainty of their investments and that they are not at risk. It is important that the discourse of polarization be one of unity to meet the challenges we face as a country.

The situation we are experiencing as a country is not only the responsibility of the government of President López Obrador, but also of the opposition as it has not been able to articulate public policy proposals except technically . Electoral canvas according to the latest opinion polls. Undoubtedly another section which is in trouble is the red circle because they keep thinking that the reality of the country is what it shows on social networks, which is wrong.

So, in this context, we have a complex outlook for the months ahead, but we must remain calm, not negative and turn away from the bad news that is commonly seen. The important thing is to plan and most of all take advantage of the opportunities that may arise for personal finance and everything can be covered in being prudent.