Achieve 3 milestones with these saving strategies

We are here to help you achieve your goals.

Are you getting married soon? Are you going on a trip with your friends? Or are you ready to buy a property?

No matter the milestone, planning is essential. A good plan can take you far with little effort. Here are some budgeting tips to help you achieve what you want.

There is so much to see in this world. Now, the first thing to do is think about the itinerary of the destination, and those who do it correctly, consider their budget.

In addition to considering the cost of the ticket and food, there are other expenses that aren’t so obvious at first glance. Here are some tips to prepare for surprise expenses:

• Compare your stay options and how far or close they are to the places you want to visit. Sometimes, a hotel is more expensive, but you may save time and money on transportation when you are closer to the attractions you want to see.
• Check out how to get around and transportation payment methods, such as trains, Uber, or taxis.
• If you want to go to an attraction, confirm if you need to make a reservation or buy online tickets in advance.
• Check if you need a Passport or Visa for your destination.

Remember to budget a little more, considering that costs may be higher. When you have your numbers, divide them by the time left for the trip and save a weekly, biweekly or monthly amount to cover the trip.

Or even easier, consider a U-Save¹ account. With it, you can calculate and activate transfers automatically from your transactional account with the frequency that works for you. Open it through the Mi Banco Mobile App², from wherever you are.

There are all kinds of weddings, from small and private to big, grandiose parties. Each wedding is unique and has its charm.

The first step to creating your ideal wedding is to sit down with your partner and decide how much money you can and want to spend. Take a look at these tips to learn how you can save some money:

• Take advantage of digital tools. You no longer have to spend money on sending save-the-dates when you can do it online.
• Keep an eye on the date of your wedding. The date greatly influences the cost as they are usually much more expensive during the high season.
• Make your purchases on time. If you are buying your dress, we recommend you do it at least 6 months in advance. This way, you avoid incurring rush fees.
• Ask about photography and video packages. Some photographers offer you discounts when choosing both services.

The U-Save¹ account is also an excellent option for setting aside the budget for this special day. Also, remember that this interactive sheet is available to help you organize and manage your budget in advance.

The purchase of your first home is one of the most significant events. Achieving this requires preparation and considerable savings. And, although sometimes the goal feels more like a dream, it is 100% possible.

Keeping in mind your ideal home and location, you can estimate the price and prepare for it. It is recommended to have between 3% to 6% of the house price saved for closing costs, the down payment, and a fund for additional expenses.

You also have to consider how the house payment will alter your monthly budget. See what your finances look like before and after purchasing your house with our interactive budget sheet.

These tips can guide and help you keep your plans on track. For more tips, explore Future Me.