Saver accounts provide an ideal place for long-term financial and budgetary goals to be saved for, with these types of accounts distinguishing themselves from savings accounts which offer short-term deposits.
Digital wallets such as Plin and Yape are increasingly being integrated with savings accounts, providing greater flexibility and comfort when managing one’s funds.
1. Independencia
Mexico’s fight for sovereignty is known by many as its fight for independencia, a word often heard throughout Mexico and used in relation to this holiday – Dia de la Independencia or «Day of Independence»–marking its beginning and serving as one of its biggest celebrations, featuring street parades, signature dishes and rodeos.
Independence Day in Mexico is celebrated annually on September 16, and each year people chant the phrase: «Viva Mexico! Viva la Independencia Nacional!» or the famous El Grito de la Independencia; El Grito refers to Hidalgo’s «cry,» which became an international cry of independence representing passion, patriotism and pride in Mexican culture.
Heritage’s Museum in Downtown New York hosted this celebration, offering traditional foods and beverages, music, dancing, and hands-on activities suitable for all ages. Please see the gallery below for a taste! To gain more insight into Mexico’s independence movement be sure to consult Hathi Trust’s 1864-1867 five volume set «Annales historiques de la Revolution en L’Amerique Latine, jusqu’a la Reconnaissance by European States d’une Independance.»
2. Corrientes
An savings account is a financial product designed to allow individuals to save and deposit their money with banks for individual rental income generation. Certain institutions may charge you an annual maintenance fee to maintain your savings account.
Savings accounts offer convenient access to funds at any time and have become a key resource for reaching long-term financial goals. Savings accounts usually offer lower rates of interest but still offer secure storage space to safeguard funds until their needs arise.
Saving is a powerful tool to secure individual finances and generate interest on that savings. Banks and other financial institutions offer various kinds of savings accounts with high compounded interest rates that will accumulate daily, monthly, quarterly or annually.
Your savings account funds are always accessible when needed and allow access to withdrawals at your convenience and financial resources whenever required. Other savings options such as certificated deposits (CD) also offer high interest and liquidity rates – making them suitable places for emergency savings funds or long-term investing.
4. Recargos
An investment account designed for saving is designed specifically to hold onto funds while earning interest over time. Risk tends to be less significant in comparison with other forms of investing and its rate of return relative to money invested is more consistent.
Recurring payments may differ depending on the financial institution and can include charges such as fees and maintenance charges.
Other products that can provide refunds include certificates of deposit. When signing these contracts, you commit not to taking money back out within a specific timeframe.
Though savings accounts are an effective tool for consumers, investors and advisors, other strategies exist for money preservation.