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I've got a lot of debt.
And you're in debt if you pay one card and get one card off to pay the other.
You're living in a horrible stress.
The stress that people are living through that are in debt is enormous, enormous, enormous.
Today we are going to talk about why we are in debt.
Why so many people are living, spending more than what they earn.
because there are so many people who end up paying very high interest rates with credit cards.
And we will also learn a little bit about how to distinguish a good credit card from a bad credit card
and how to understand them and use them correctly to be a tool in our lives and not a headache.
Today's program will be incredibly educational and fun because we are going to give solutions
on how to get out of debt, how to prioritize what debts we pay, how to get out of that reality.
What we want is that we stop suffering for money and that money becomes an ally in our lives.
Today we have as guests Ludivina Cordoba Delgado, who is a degree in international business at the University of Nahuac.
She traveled from Cancun to be here with us today.
She has a Master's in Business Administration at the University of Francisco de Victoria in Madrid, Spain.
She also gives lectures and courses. She is an advisor. She has given an incredible TEDx, which has been very popular on YouTube.
And she also accompanies us in the conversation with Marina Armendariz, who is a psychologist,
a neuropsychologist, COO of Capital MX, who is focused on helping women to unlock their freedom
through financial education. And we will talk from a psychological point of view about what causes the damage
that people are suffering, the stress that people are suffering from living in debt.
So it is convenient for us, for many reasons, it is convenient for us to understand this game of money and debts
to play in our favor and not in our favor. And if that were not enough, it will connect from Costa Rica.
A dear friend Steven Zamora, who has been with us on the podcast, he is a financial trainer, entrepreneur, investor
and he is also focused on teaching people how to get out of debt without the need to earn more money.
How to prioritize, how to get rid of debts, what debt I get rid of, which one I don't, etc.
So, well, with this trio of experts, we are going to have a very, very interesting program.
The confessional is open on my Instagram account, Marc Antonio Regil, and on marcantoniorregil.com.
Diagonalfórmula, today's question is, trust me, do you spend more than you earn?
The truth, tell the truth, nothing happens, tell the truth, that's why it's called the confessional.
Do you spend more than you earn? Yes or no? And today we are going to present solutions.
We will also talk about debts, sometimes in the family, I don't know if it happened to you, but I lived it.
You end up in debt with the debt of your brother, with the debt of your cousin, with the debt of the family members who tell you,
hey, lend me money because I'm in debt. And you say, well, I'm in debt too, no, but lend me.
And if I don't lend you, I'm a bad son, a bad brother, a bad cousin, a bad relative.
It gets complicated, the issue of money gets complicated because we were not given financial education.
And that is just what we will try to do today in the most fun and accessible way.
Ok? So stay with us here on Radio Fórmula and on Telefórmula because we are going to learn a lot.
I repeat, go to the confessional to vote, marcantoniorregil.com, diagonalfórmula.
Do you earn more than you earn? Yes or no? Or on my Instagram account, marcantoniorregil.com, you can find it in the stories.
It's been in question since yesterday and we are going to tell you how the voting is going.
After a little break, we'll be back to start with this content.
Stay with us.
Connect and build through our conversation.
Through our conversation.
We return with Marcantoniorregil on Fórmula.
Did you know that the podcast market in Latin America is the number one worldwide in growth?
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And you will know that it feels like being in everyone's mouth.
Today, dear money, financial well-being is part of a full life.
Have a conscious economy, align your values ​​and goals.
Discover the effective way to maintain balance.
Open your way to financial freedom.
Reach your maximum potential.
Marcantoniorregil on Fórmula.
Dear money, conscious economy.
What does conscious economy mean?
Well, that, to be aware of what I do.
Because there are many people who are not aware of what they do and do not know.
And how they say, oh, I'm not good at numbers.
I do not want to see the state of mind.
I do not want to know.
And that is very dangerous.
It costs very expensive.
We are seeing today the issue of debts.
And on my Instagram, Marcantoniorregil on the stories, the confessional asks,
do you spend more than you earn?
Well, 49% confessed and said yes.
49% of the surveyors say they spend more than they earn.
43% say no.
And 8% say I do not know.
And when you put I do not know, the most likely thing is that you do.
So the issue is that you have to be aware.
The National Institute of Statistics and Geography of INEGI in Mexico
says that every six out of every ten Mexicans have debts.
Either with a bank, a type of financial institution, stores, loans.
And the issue is that they live in debt.
That is why today I want us to stop suffering from the issue of money.
And we have invited the divine Cordoba Delgado.
Welcome. You traveled from Cancun to be with us, friend.
That is why I am interested in people being able to achieve financial well-being.
She is a Business School in the International University of Anahuac.
She has a Master's in Business Management at the University of Francisco de Victoria in Madrid, Spain.
And she was a professor of the Department of Personal Finance for Tec de Monterrey,
a speaker of the Conducer for three consecutive years and has her TEDx.
The money is power, which you can find on YouTube.
She has given personalized mentoring.
So we have a super coach.
Super coach.
So why do people, you also went through it, I have lived it.
Tell us if you want.
Why do we owe so much?
Why are there so many people who have lived or live in debt?
Three main reasons.
The first one you just said in the survey.
We spend more than we earn.
And it seems obvious, but it has to do with a concept that financiers use a lot.
Which is the cash flow.
The cash flow is the money that is in your account today.
And the one that will be tomorrow and the one that will be the day after.
What happens when you want to buy something or you have to pay something
and there is not enough cash flow?
You pass the card.
On one side it comes out to cover that deficit that you have between what you spend and what you earn.
On the other side it comes out of debts.
First reason.
Second reason.
Financial lack of education and taboo.
Taboo towards debts.
Debt is bad.
I will not achieve anything so I can get into debt.
And financial lack of education in how to use debt products.
Because sometimes we want the only type of debt to be credit cards.
And there is a world of types of debt that serve different things.
So they don't tell us what they are.
They don't tell us how they work.
And then, as in my case, at 18 years old they tell me, hey, an educational credit.
And I said, I don't know what that is.
I'm going to sign.
And when the time came to pay, I said, I think I should have informed myself more about what this debt is and how it works.
And the third, which unfortunately happens a lot in Mexico, the need.
A health issue.
An emergency issue that needs to be solved.
And what is the problem?
We don't have savings.
What happens when we don't have enough savings or cash flow to cover this need or this emergency?
Debt.
Credit cards, personal loans, nominal loans, or the one that leaves and lets me go.
All this sounds like they didn't educate us financially.
The root of the problem, without a doubt.
Financial lack of education.
Because if they had taught us to calculate the cash flow, how to know if I'm spending more than what I earn, how to use credit cards, please.
Another story.
And fear of math too.
That's why I said the taboo.
Because there's a lot of fear of math.
It's very difficult.
How am I going to use that?
I think that's where it would go.
And there's also one of these super limiting thoughts that women aren't good with money and that men are better.
And nothing to do with that.
No, no.
In statistics, I see it with my clients.
Most of my wallet is women who want to improve their finances.
And in statistics, we manage better, we pay our debts better.
Even there's a program, Infonavit, of women, credit, Infonavit, that awards that we are better payers and gives us more time to pay.
I have the impression that women are better.
They are better payers.
The SAT said that.
Women are better payers than men.
Oh yeah? Women pay better their taxes?
They pay better, yes.
They are more responsible with their taxes than men.
With their money in general.
So it's a bit contradictory that the taboo is A.
I feel that I'm not good at math, but I am responsible with my money.
Now, having a debt is not bad.
The issue is what debt?
Because the multimillionaires of the planet are in debt.
What happens is that they have a debt that helps them become richer.
And most of the people who don't have that financial education have a debt that impoverishes them.
I'm in the right place.
You're in the right place.
And here I remember one of the first books I read that I'm sure will be found by everyone.
Robert Kiyosaki.
Of course, rich father, poor father.
And there they tell us, they tell us, they tell us, it's better to use other people's money than yours.
It's better to risk other people's money.
It's better.
And we see it on credit cards.
You told us about it a while ago.
What happens when they make you a fraud?
On a credit card they give you back your money very quickly.
On the debit card, on the other, processes of many days.
But Robert Kiyosaki, his philosophy, because I give the courses based on his philosophy,
what he tells you is that he uses credit to buy an asset that gives him money.
And people of the middle class and poor people get poorer because they use credit to buy a television screen, a furniture, a car.
Things that don't give them money, but things that get them money.
But he gets into debt by debt, even by the hands.
But it's not a debt to go on vacation.
You said it's a debt to acquire productive assets.
Exactly.
That's a good debt.
Things that give you money.
Because suddenly we want to go and ask for money for a car that turns two wheels and it's depressed.
And it's worth less, and you use it, and it's worth less, and it's not productive at all.
And maybe you work in home office.
Yes.
And you don't use it.
And you don't use it if you're paying interest.
But you don't understand buying a car knowing that a car is not an investment, it's a tool.
Of course.
And it's good that you know that this is not a business.
Or being very strategic with your debt.
Let's see, I'm going to get rich, but to what extent is it good?
To what extent do I want to pay that interest?
And that's the difference between a good debt and a bad debt.
100%.
The bad one makes you poorer, the good one makes you rich, or gives you more money, or helps you have other income.
That's right.
To achieve that you have to have financial education, you have to understand the numbers,
you have to know how to do a business, or know where to invest.
I always tell my clients, imagine that money is a monopoly,
and that they sit you down and you don't know the rules.
That's how we're reaching most Mexicans to adult life.
Of course.
It happened to me.
So it's very different when you know the rules, and I think I'm a witness to that.
There's a complete transformation in your finances
when you break that mentality that debt is bad,
and you also have the tools, the rules of the game, to play with debt.
And how do I learn the rules of the game?
How do you learn the rules of the game?
With financial education, with courses, with mentors.
Unfortunately, there's no career today to prepare mentors in personal finances.
As a teacher, I know that one of the university's objectives is to prepare the financial students
so they can do this, but we're short of time.
We need to get closer to the people who know, and even more, to the people who have lived it.
Of course.
Today, for example, this program is financial education.
Exactly.
We're talking about this.
One of the best ways to learn is to get closer to the people who already have a healthy financial game,
and ask questions.
And ask questions.
Ask questions, and play it, but little by little, as a kid.
And one of the first steps is to get out of bad debt,
which are these credit cards that I...
I mean, not canceling cards, but not paying 30, 40, 60, 70% annually on a credit card.
On a credit card, specifically, and I'm talking specifically about them because there are many types of credit,
you need to know cut dates, payment dates, what I have to pay, not the famous payment to not generate interest.
Yes.
And basically, with that, you're on the other side.
I think one indispensable thing is to go for financial education as young as you can.
Of course.
You see, we were promised that the presidential candidates would come here,
Sochil and, obviously, Claudia, and I...
Well, when they come, I want to ask them that.
I want to ask them, is there a plan for financial education in the education system?
Because that, the absence of financial education in the school system, makes us suffer,
and makes the richest the richest and the poorest the poorest.
So we have to distribute the money, but we need education.
I mean, hopefully they can come, and hopefully we can talk about that.
Let's take a break.
Stay with us, our super expert, the divine Cordoba Delgado.
We're going to talk about credit cards, how to use them, how to distinguish them,
so that they can be our allies.
And after the break, we'll talk about how it affects people psychologically in their lives to have debts.
What are the consequences of living in debt?
We'll be back after a short break.
Cheer up.
Follow the conversation with Marco Antonio Regil in Formula.
Living in debt is not a good idea.
And how does it affect psychologically?
And obviously we're going to talk about solutions, but...
So breathe deeply because right now we're seeing why...
It's not to scare anyone, but we do have to generate a sense of urgency,
to get out of debts and change our lifestyle.
We're seeing statistics generated by a report called Financier 23,
carried out by very respected companies.
It says that 85% of the respondents have some kind of stress related to their current financial situation.
85% of the respondents, which were thousands, have a stress related to their current financial situation.
85% of the respondents have stress due to debts.
Well, that's why the conversation is being joined by Marina Armendares,
a neuropsychologist, a coach and CEO of Capitel.com.mx,
and she's with us, Ludivina Cordoba Delgado,
a business licensee.
So, welcome.
Marina, a lot of people are stressed due to debts.
A lot of people are stressed. How much is it?
85% of respondents say they have a stress related to their current financial situation.
How come?
Because it also says that 22.75% of respondents
have a stress related to their current financial situation.
Imagine that.
55% of respondents who earn 10 pesos a month are going to pay debts.
How come they're not stressed?
That's what I was saying, Ludivina.
You're paying for what you did yesterday,
and tomorrow you'll be paying for what you did today,
and that way you can spend the rest of your life.
That's a very stressful situation.
The famous minimum payment of the credit card.
Well, I owe 10,000 pesos, but here it says that with this little amount, I can keep going.
Exactly.
What is your experience? What is going on?
How does it affect a human being to have debts, to keep charging with debts?
I believe and I see it in the clinic, and I see it with me, and I see it with my friends.
What happens is that this stress, which is chronic,
is one of the precursors of the most common mental health problems.
Depression and anxiety.
Also, if I have, and well, if someone who doesn't live with anxiety today, congratulations,
because it's a phenomenon, but when we think about the roots of our anxiety,
often, let's say, the genesis is in financial issues, particularly in debts.
And then, if I also have any other predisposition to another condition of mental health,
stress, especially chronic stress, is a trigger.
So, how do we take care of our finances?
It is largely also how we take care of our physical and mental health.
Yes, it is connected.
Besides, it is precisely the non-virtuous circle.
I have debts, I stress, I live with anxiety, and obviously a person depressed with stress and anxiety
will produce less money.
It will produce less, the cognitive functions are lowered,
so I will do less good or less good to manage, to solve, I get much less proactive.
You paralyze yourself.
I paralyze myself.
And there are also issues that have to do with what I can do or what I can do to feel better
when I feel bad.
When I am anxious, I can go to Amazon and make a couple of purchases.
Yes, yesterday we talked about that, about the counter.
I can go to plan and then take a few Cargits on the card.
It fills the void.
It is the only thing that makes me feel good.
So, clearly, it is a monster that is commercialized.
It gets worse.
It is like when you are heartbroken and you take a bottle of alcohol,
well, you are still as heartbroken as your ex.
And now you are drunk, right?
Totally.
And you call your ex at midnight.
Totally.
So, this is not the right path.
It is not the right path.
And what happens many times, and this is, we have normalized the debt, financial stress
and anxiety, and also some depressive frames, or at least depressive symptoms,
that what happens is that we find it normal to live like this.
And then, what at some point seemed unsustainable today is our daily reality.
The other day there was a post on Facebook that said,
you can go back to your 18 years and say to your 18-year-old self, three words, I think it was,
what would you say to him?
And he left me to Tony, who said, pay your debts, pay your taxes, save.
The advice that someone 30, 40, 50, 60 years old wants to say to their 18-year-old self
are financial health advice.
Of course.
And it is that when you do not have financial education, you start to think,
well, I am in debt, I pay the minimum, there is someone who thinks of it,
or even has a counter there, a snitch who tells them, no, we do not declare everything,
and you start to get involved, you start to carry a horrible stress.
Now, you say that self-esteem has to do with the level of debt.
What does self-esteem have to do with it? Tell us.
Again, it is a virtuous or vicious cycle.
We have, socially, you mentioned it, a lot of stigma around debt.
Who takes on debt?
Take on the debt of an irresponsible person, take on the debt of a poorly organized person,
take on the debt of a person who does not control his impulses, a person,
we also have a lot of our self-esteem linked to our generative capacity,
a person who cannot generate enough.
So this is not necessarily true, but it is what we socially learn.
So what happens is that if I have debt, my debt generates me,
the forbidden word, shame.
And shame is a cancer for self-esteem.
Shame and guilt.
Shame and guilt, which are there, best friends, cousins, sisters.
So if my financial situation generates shame on me,
shame does not allow us to be vulnerable, it does not allow us to open up,
it does not allow us to seek help, which we said was super important.
So what happens is that this vicious cycle is done in which I have debt,
that debt affects my self-perception, affects my self-esteem,
and then two things happen.
One, I hide, I do not ask for help, I do not have much hope of getting out,
and on the other hand, I also feel that I do not deserve another type of life.
It sounds a bit dramatic and maybe I am not so aware of it,
but those ideas are linked.
I am a person of less value because I have debt and I do not deserve a better life,
a better life free of debts.
So it is done there as a mental and emotional puddle in which we can get very trapped.
But it is unfair because I said it at the beginning of the program.
We entered to play something, and you were also saying it, Ludivina,
we entered the game of money and they did not tell us how to play it.
They threw us on the football field but they did not explain the rules.
So it is not your fault.
Not at all.
Nobody explained it to you unless you have had a rich dad, as Robert Kiyosaki says,
and you were the owner of an entrepreneur, of someone, a mom, a dad,
as in the case of Taylor Swift, we were talking about her,
that both of them, one was a financier and the other a marketer.
Obviously the girl will not burn her money, she will invest it, she will regenerate it,
she will be fine, but most of us, I do not know what percentage,
we did not have financial education.
We did not have education and we did not have the capacity or opportunity to practice.
I can spend 50, I do not have siblings,
so I have seen a million hours of football with my dad,
I do not know, hundreds of hours of football with my dad.
I have seen a lot of football but I have never played a professional game.
So they can not throw me on the field and say,
I taught you 100 hours of football recordings.
Also the kids come out to life, or we came out to life at 18, 20,
the time it was released, and until that moment,
the only thing you have managed is your Sunday.
The only thing you have had to play is if you bought one or two Bacardi's
at your party and that's it.
So we do not give the children and the young people a chance to practice,
to play the money game in smaller leagues,
directly to the professional league.
And that is obviously very harmful, but what happens is that
they do not teach us that our generative capacity is not our self-value,
it is not our value, and we can say in all the houses that we have different values,
but it is very prevalent to think that there is something more valuable
in who has or generates more, even within the same family nucleus,
within the same system.
So there are many things and we can talk 100 hours of this,
but what I do believe is that it does not make much sense to dedicate time,
money and effort to leaving debts from a perspective that is not practical,
if we do not also do an analysis of emotionally and mentally
how we are relating to money, to debt in particular,
because if not, what happens, and you have probably seen it,
or even lived it, is that I got into trouble,
and I started working, I got into a belt, I left debts and I blinked,
and two years later I am in the same situation.
Well, yes, but it is the same thing that happens to you when you do not have emotional education
and you leave a bad relationship and you get into another one.
So you have to learn financial education, but you have to learn emotional education,
you have to go to therapy, we are always saying that.
And you have to go to therapy, you have to go to your therapist and tell him,
hey, besides my partner, my mom, my dad, my job, I want to talk about money.
Money, is that money is never talked about in the house, it is a taboo issue,
and hours in football, but how many hours dedicated, look, this is how money is earned,
here you earn more, here you earn less.
This is how wealth is made, as they never taught us, how wealth is made.
This is how less taxes are paid legally.
These are the rules that the government puts in order to stimulate the economy
and you can legally pay less taxes.
How does it work, what is the speed of money, what profession do you give your money to?
That is a relationship with money, and this issue is endless.
We are just giving ourselves a little varnish.
So, well, after messages, we are going to join the conversation.
Esteban Zamora from Costa Rica, he is an expert in ending debt without earning more.
We'll be back after a break.
Connect and build through our conversation.
Through our conversation.
Through emotion.
We return with Marco Antonio Regil in Fórmula.
I am Joaquín López-Doriga and I invite you to listen to the best interviews,
wherever, whenever you want.
News, sports and shows on your favorite podcast platform.
Fórmula Group, opening the conversation.
Follow the conversation with Marco Antonio Regil in Fórmula.
Dear money, dear debt, how I get rid of you, debt.
We are here with two wonderful experts and a third expert will join the conversation.
But I am reading one of the statistics of this report called Financial Well-being 2023,
which is also very interesting and shows us how serious the problem of financial education is.
Of the total of the surveys, 75.75% do not have defined financial objectives.
Three out of four people, it's not for you to feel guilty, it's not a problem.
I was there, we have all been there, unless we have had a rich father or a rich mother
with financial education that transmitted that issue to us.
Three out of four people in the survey do not have financial objectives.
Men without financial objectives, 7%, that is, they do have,
and 4% of women who do have a clear and complete definition of financial objectives that they want to achieve.
And that is a problem because if we are saying that money is a game
and we do not know how to win or how to lose, then how are we going to play it?
What emotion will it give me to manage my money correctly if I do not know how I am earning?
As if a company did not have objectives, or an employee or a collaborator did not have objectives.
Well, how do I do it? So I do not know how to play, I do not know how I win, I do not know how I lose.
Well, today we are definitely talking about the bad debt, which is the one that takes money from you
and you put it in things that take more money from you or that are evaluated,
well, it is not a good way to get into the game of money, right?
That's how simple it is, right? To start.
We are Duda Divina Cordoba Delgado, International Business License,
Marina Armendares, Neuropsychologist, Coach and CEO of Capitel.com.mx,
we already talked about why we owe so much, we already talked about how it affects us psychologically.
Now, ok, solutions, we are going to focus this segment on solutions.
And that is why I ask my dear friend Steven Zamora, who is connected from his beautiful country, Costa Rica,
to explain to us how to eliminate debt without earning more money.
Friend, that's worth gold.
Very good, Marco, happy first to the guests, good morning to you, Marco,
very good morning, greetings from Costa Rica, pure life.
Pure life.
Well, it turns out that, for example, I was listening to the neuropsychologist Mariana,
who sends her a hug and has a lot of control over the subject.
Marina.
Thank you very much and she also knows, Marina has a very good control over the subject and knows how to explain it very well.
I am going to the point of what she also talked about the issue that people who leave debt are in debt again.
There are two statistics and the first is that 78% of Latin Americans are over-debted.
We understand over-debt when there is more than 30% of your income committed to paying debts.
And there is another statistic that speaks, that 82% of people who at some point come out of debt,
no matter the way, right now we are going to talk about ways, a few years later they are in debt again.
For many reasons, as you were talking about, childhood, lack of financial education,
the educational system, I want them without tools and many more things.
So, pencil and paper in hand because we are going to get to the point.
How do I get out of debt? How do I choose, practically, because you know that time flies, friend,
how do I choose what debts to start paying, how can I pay debts without making more money than this specialty?
Error number one is to focus only on leaving debts when the goal has to be not to get into debt again.
And to not get into debt again, you have to understand that the origin of debts is the excess of spending.
A person spends a lot on his bank account and when he maintains his false lifestyle,
it costs him a lot, he covers credit cards and when credit cards are here,
he covers one of the banks' traps, which is to consolidate debts.
And when he cannot consolidate more debts, he covers the informal loan.
So, how are we going to see a snowball that turns everything against and where does everything come from?
In the excess of spending. So, what is the first step? Boring, because it can be boring if you have never done it.
Make a small budget that takes you 20 minutes a month, less than your favorite episode on Netflix,
20 minutes a month for the budget. If we decompose the word, it says pre and pre means before the money arrives.
After it has already gone, not to control the damage. It's not like when you crash your vehicle
and they have to make a value of how much the fix costs, nothing works.
So, plan your finances. Not only because you already have the debt up to here,
but so that it is a good habit, even if you can inherit it from your children.
So, budget, because of course, if I don't know how much I'm burning, the burning rate,
which they call it monthly, if I don't know how much I'm burning, I don't know how much I need to live.
Cash per rate. Exactly. So, I have to make a budget, I have to know how much I'm spending
and what I'm spending it on, because that's where there may be possibilities of spending less.
If I'm spending so much on restaurants, on clothes that I don't need.
Marco, I'll tell you a fact. There are people who have 5 or 6 subscriptions for watching series,
for watching movies. Each subscription is $10 or $15 a month.
I call that, I tell my students that they are ghost expenses.
And that multiplies. Per month, it can be more than $100, per month.
And if Kitagora wasn't stupid, it's more than $1,000 a year.
And people say, I don't have money. Right?
So, there are big mistakes out there that with a budget,
you could notice where the money leaks are.
Of course. How much is a can worth? A medium can. Not big, not small.
80 pesos. No, I think inflation hit them harder.
And here's one thing about the budget that if you allow me to say,
everyone knows that it has to be a budget and nobody does it.
And they say that procrastination is fear.
So, if you're procrastinating something that you know you have to do and that will do you good,
what you have to ask yourself, what you have to say, I'm not a coward.
What you have to ask yourself is, what am I afraid of?
It's very threatening to make a budget.
Because if you look back at what you're saying,
I spend $1,000 a month on subscriptions, I mean a year on subscriptions,
I feel, I'm scared to realize that. I'm scared.
Imagine, $17,000 more or less, $20,000.
I'm scared to realize that's what happens.
So, the budget is very threatening.
If I'm procrastinating it, the question is, why am I scared?
It's like going up to the scale, you're scared to see how much you weigh, right?
But if you're not up to the scale, you don't know how much you have to go down.
You have to see your numbers. You have to see your numbers.
Okay, and now that I've seen the numbers, I mean, basic concept,
I know it's boring, Steven, but you're right.
Today's survey says that half of the people spend more than they earn.
It's great that they're not confessing that, and there are others who don't know,
because they don't have a budget, they don't see the numbers.
There are even people who don't know how much they earn.
That's the worst of it all. There are people who don't know how much they earn.
Of course, because maybe they haven't done the math.
Well, of course, if you give out services, if you're not employed and you have a single source...
I have a question. I'm a freelancer. How much am I going to earn?
I can't make a budget because I don't know how much I'm going to earn.
Of course, or you spend things, you spend them before paying your taxes.
You don't save the money.
It's not yours. It's not yours.
Or the IBA here in Mexico, which is an income tax that is not yours.
But you spend it. You spend the IBA.
They took the budget number one.
Hey, Steven, but since I have a budget, what debts are the ones that should be paid faster?
Would the other interest rates be logical or not?
No, in this case, from a psychological point of view, I am certified as a marine, but in neuroscience.
And the brain has to be rewarded. And a great reward for the brain is to fight for the debts from the smallest to the biggest.
And for the brain to feel victories little by little.
It's psychological, not so much numbers.
That's in a normal situation. I'm going to give you an example.
For a person who is in a challenge to lose a few kilos, what is more satisfying?
Losing, I don't know, 20 kilos in a year or losing a kilo a month.
What will be more satisfying? To feel those little victories.
So, about debts, normally, because of course there are special cases.
For example, people who get into loans drop by drop.
Or people who get into loans with people from the dark world.
Those are the debts that have to be taken out as quickly as possible.
Everyone has different situations and financial realities.
So, if I owe money to someone who is in the colony, who is dedicated to lending money, those are the first ones I have to get out of.
And not only are the colonies, they are also the applications.
Yes, and you get a lot of quick loans, very high interest rates.
Download the app and I'll let you go right now.
And while...
I'm going to give you an example of interest rates.
When you get an interest rate that is daily interest rate of 0.0% or whatever,
you have to click on that, annual.
If it's more than 20% annual, more than 10% annual, it's usury.
It's usury and it's illegal and in most countries it's illegal, in others it's not.
But hopefully at some point everything becomes illegal because if it's more than 10%, 20% for a personal loan, it's usury.
Sure. Right now we were in the commercial court and we heard a commercial that said something about the CAT.
CAT, I don't remember, but it said a number.
I think it was a commercial for a card or a bank, right?
What is the CAT? What is the CAT here in Mexico?
Total annual cost.
Of the debt.
All debt paradoxes have CAT.
CAT. And when they say that, it's not a cat, it's CAT.
It's annual cost of debt.
And it's not the interest rate, which is another mistake.
CAT is the same interest rate, no.
The CAT includes everything that costs on the card.
Commissions, late payments, withdrawals, everything that costs on the debt.
So when I hear in a commercial, give me an example, CAT...
Ah, well, that's another topic.
There are three types of CAT.
There is the personalized CAT, to your use and payment profile with the bank.
There is the standardized CAT, which is the one registered by the authorities.
And there is the informative CAT.
The one we hear in commercials is the informative CAT.
Which can move once the product is customized as a debt.
Which is total annual cost.
It's very good for the people who are watching us to compare the product before starting to use it.
Okay, now, I love credit cards and I love my bank.
Because I have a healthy relationship with it.
I didn't have them before.
Before I owed credit cards and it was horrible.
But credit cards are wonderful if you know how to use them well.
What do you think, Steven?
As we said in our podcast episode a few months ago, Marco,
credit cards don't get stuck in the morning and jump from terminal to terminal in a commercial, right?
Card cards are not bad.
The administrator of the card is bad.
And there are also people who can't pay by account.
Two cards, they offer one more, then more comes.
And I've seen people with 17 credit cards.
And all of them are here.
Where they even come to make a debt reunification.
And the amount of debt is so much that they put their house as a mortgage guarantee to be able to refinance debt,
which is a bank trap.
So, the issue is not the cards, the issue is how you are using them.
You have to look for financial education.
If the educational system, your parents, your family, I don't know, who do you believe,
doesn't give you financial education, go out and look for books, courses, training, whatever.
But go out and look for real financial education.
I'm not saying that you go into a pyramid of putting two friends in a simple application.
I'm talking about financial education.
Someone who teaches you about credit card, the mortgage trap in many countries and many more.
Of course, guess what?
The credit cards are good or bad?
Very good.
I'm in love with my credit card.
Protection, points, credit history.
Some, because it's clearly going up in the level.
Access to VIP rooms when you go on a trip and then you don't spend on the airport.
For me, they are wonderful.
Yes, I also love my credit card.
And look, I had, at 19, I had my scary X on the credit desk for a credit card.
Of course, the bank is your ally.
If you know how to use what they are saying here, the bank is your ally, the credit card is your ally.
Everything is perfect, it's wonderful what banks give you and credit cards.
But the issue is to use them to not end up with the psychologist crying.
But hey, I know we're running out of time, but psychologists also take the opportunity to talk about the issue of money, right?
We're talking about the court.
I'm a psychologist and if you had told me that one day I was going to talk about money, I would have thought that you were laughing.
And what happens is that I realized, working as a coach with financiers, that psychologists don't, in general,
I'm not talking about all my colleagues, there are some that don't, but in general, we don't talk so much about money.
And to a large extent, we are also human beings, professionals, but human beings,
that we ourselves do not have the issue of money resolved.
Because a psychologist charges, a clinical psychologist charges for their therapeutic services,
which are intangible and there is a certain discomfort.
And psychologists should teach us to charge and they should teach us, like everyone else,
to generate and make us responsible for our relationship with money.
So the same psychologist, suddenly you take the issue out a little bit,
because you know that you yourself or yourself have profound discomfort around that issue.
We return to the same topic, in school they give you academic education, sum, rest, geography,
they give you professional education, psychologist, geologist, doctor, but they don't give you financial education.
And that's part of the problem, our beloved teachers, who must earn a lot,
must also have financial education.
Because so that they can transmit financial education, not like, Steven,
how are you going to ask a teacher to give you an education that they didn't give him and that is affecting him or her?
So it's not only paying well to teachers, that I applaud because teachers earn super well.
They have the greatest responsibility in the world, which is to educate our children.
But financial education, Steven, I don't know, or there in Costa Rica, they give financial education to teachers.
Marco, no, no, hopefully it's true. And it was a shocking fact.
Between my more than 34,000 students in 32 countries, I have had students who come from prestigious universities
like Stanford, Harvard, MIT, they never taught them, and what is a budget?
They never taught them how to use a credit card.
So it's unreal to think that the system, globally, we are not talking about just one country,
wants you to have financial education.
Of course, and then the issue, how do we want people to make a living?
How do we want them to do well, I don't know, in a marketing network, in the corner shop,
selling clothes, whatever you sell. And financial education is not accounting.
And if you allow me to complement what I was saying, sometimes we believe that those who study finance,
do know about this.
No.
I have been to very large financial companies, giving financial education workshops,
because there are problems with personal finances.
It's a whole topic.
In a minute we are going to say goodbye to Telefórmula, but we will continue in Radio Fórmula
another time, but for the people who are watching us on TV, goodbye.
Steven, last tips to get out of debt, because that takes time.
Number one, do not focus only on making more money.
The one who earns the most, spends the most, and if you do not have financial education,
this will happen to most Latinos.
Get used to making a budget, do not access the social pressure to spend more to look like what you are not.
Do not end up in debt for a car that you do not need.
Do not take out to quotas or months without interest, which is one of the biggest traps today,
where even in countries like Colombia you can even take out a Coca-Cola, months without interest.
Be very careful with looking like what you are not.
That's where everything is distributed and analyze your roots, because by pattern of conduct learned,
what you saw in your childhood, automatically subconsciously you are going to replicate it.
Then think about how your childhood was in financial issues and more, there you will find many answers.
Look for a professional guide at a psychological level, I think psychology and finances go hand in hand.
Super.
And you will find many answers there.
Do you agree with us for the next invention, Steven?
Of course, whatever you want.
Perfect, Ludivina, final advice for people who watch us on TV.
Learn about debts, credit cards, a level, and this is a fact that I share with you,
a more or less healthy level of debt, and it will depend on your expenses and so on,
is that your payments of your debts are not taken more than 30% of your income.
That's a healthy level.
Productive debts, preferably use them for something that can generate income.
After the cut we will talk more about good debt, bad debt.
For people on the phone, last advice, Marina.
I would say that they awaken their curiosity of their own relationship with money.
Approach it from curiosity, they will discover, as Steven says,
many interesting things about who they are and how they make decisions if they are interested in their own relationship with money.
Perfect.
We take a break for Radio Fórmula.
In Telefórmula we say goodbye and you are with the queen of the radio, Maxine Goodside.
In Radio Fórmula we will continue and tomorrow here in the program we will talk about longevity.
How to get healthy at 70, 80, 90, 100 years old?
That is the topic for tomorrow.
Thank you, Telefórmula, we return on the radio.
We continue on Radio Fórmula, live with you.
This week we have on my YouTube channel, Marisa Lasso,
one of the great leaders and Mexican entrepreneurs who was in the Latin version of Shark Tank.
She is number one. Marisa Lasso, you know her.
A jewel.
A jewel. She started her business in a garage selling cookies and everything.
Today you see Marisa's cookies all over Guadalajara and many places in Mexico.
We are talking about life beyond fear.
What happens to your life when you learn to handle your fear?
Marisa Lasso on the YouTube podcast MarcantonioRigil.TV
and this program can be found in Grupo Fórmula.
There are all the episodes we have.
This one, if you are not listening to the radio and you can't hear it completely,
you want it completely, go to Grupo Fórmula on the YouTube channel.
Well, we continue to talk about debts, financial well-being.
People on Instagram are leaving comments on my account that is MarcantonioRigil.
Some say they have their accounts and their relationship with money.
Others say they don't.
Rooski says,
I don't know how to organize myself. I buy things that I don't need.
Lilia Macias says, my financial life is a disaster and I don't know how to get out of the mess.
I understand you because it is a nightmare.
Luz Maria Maldonado Carrion says, I am a compulsive buyer.
Katie says, I have expensive tastes but I earn the least.
Sad reality.
So it is a very common headache.
Jota Socorro-Mendez says, I am a prey of materialism.
There is a lot to do, right friends?
There is a lot to do. A lot to fix.
Let's see. Good debt against bad debt.
It will never be enough to highlight it.
The rich people, as we said at the beginning of the program, live in debt.
But they are in debt not to buy a sofa or a bag of Versantes.
They are in debt to make money.
What do you think about debt?
Let's see, Ludivina, what do you think about debt?
Let's see. Debt, first, is breaking the taboo.
Because in Mexico, it is not as it is in Costa Rica, Steven.
Here in Mexico, there are people who say, no, why should I owe someone?
I don't want to owe anything. I also think it is extreme.
It is the other extreme.
It is not healthy.
Because in the end, it leaves you out of the game of money.
To be afraid of debt is not knowing how that part of the game works.
Everything is built with someone's debt.
This building where we are, someone was indebted to build it and then rent it.
Let's see, the money that today circulates through our hands is debt.
It is debt.
Of course. That's what it emits.
That's why we can't print more money.
Of course.
It is debt.
The car you drive, the one that manufactured that car, has debt to operate his company.
So, understanding that it is part of the rules of the game of money is essential
so that you can then migrate from bad debt to good debt.
Good debt exists.
Speaking of that, it seems impressive to me.
I worked in the bank in the debt part.
I did debt analysis.
Then I went to the bank to do debt placement.
The amount of debt products that there are.
Payment, remittance, personal, nominal.
It is a whole world.
And if there are all those ways to make a debt, it is because it is useful for something.
Of course.
But you have to have financial education.
Debt, not Steven.
Debt without financial education is hell.
It is hell.
Debt.
And look, I'm going to give the same example.
Let's see.
I, my students, part of what I also teach is to invest in stock market values,
really, as it should be done, without recruiting people.
I mean, real investment.
And one of the metrics that I teach my students is to see the liquid debt between the levy,
to see how the debt of the companies is.
The vast majority of companies have debt, except the banks.
Because the banks work with people's money, which is another topic that we will talk about later.
Context.
I worked for two largest banks in Latin America for eight years,
and I also have knowledge of the debt issue.
For example, when I was a commercial executive,
companies came every day looking for lines of 1 or 10 million dollars of debt credit.
Why?
Because with that money they put it to work and that money brings more money.
In my personal case, I have 42 properties.
Many of those with credit and commission or mortgage,
that pay a fee of $800.
And for example, I will give an example of one here in Costa Rica,
that with $800 of fee generates $4,900 average of bill.
That is good debt.
Of course.
Not a television screen for months without interest,
or the new iPhone because everyone in your office has a new iPhone and you paid that fee.
That is not good debt.
No, it is not good debt.
And in many countries the interest rate you pay for good debt is deductible from taxes, or not?
Here it is.
In the United States too, in Costa Rica I imagine.
Yes, because the government needs that money moves.
That it moves.
Exactly.
And that you generate jobs.
Then this bonus says, you owe and the interest rate you are paying is deductible from taxes.
But the one from the TV to the 62-inch screen that you bought to watch football.
Well, that one no.
The government is clearly telling you,
hey, beautiful little boy from my heart,
here yes, here no.
So there is the issue.
Now, psychologically, this of months without interest,
or I deserve it because I work for that,
psychologically how do these thoughts affect us?
Pause there.
Marco, God will prove.
God will prove.
Oh, my dear.
Well, the
life is only lived once.
Well, we'll see later.
We will see later.
God will prove.
We live in a dissociation as if the person who is going to pay that debt was not you.
It will be God.
And I even leave it to my future self.
Exactly.
The rose of Guadalupe is going to appear to me with a check to pay me.
That's the problem of Marina del Futuro.
And what happens is that finally Marina del Futuro is me,
Marco, the future is you.
And you say, curse the day I bought this screen.
Curse the day.
And so you take it.
And the thing is, and this is very, very, very important,
most of us do not know how to live our money from,
let's say, from the enjoyment.
And then everything we have around money is stress, worry,
precisely because of all these patterns that we have talked about
and even with work, with the way in which we produce money.
So my work punishes me, my money tortures me.
So the only way to feel good about this is by making a expense or not.
So what happens is that it is also a way to try to balance
the I deserve it for that job, to balance the sacrifices we make.
So it is also important to think, hey,
this does not have to be a viacruz, it is your daily life,
so that then you have to go on vacation or you have to buy a screen
so that then it is worth what you are doing.
It is a super multifactorial and super deep issue.
But if you are thinking all the time about that job, I deserve it,
it means that then you feel that you have a debt with yourself,
suffering, how you produce that money,
and then you have to reward for producing.
So that is fed back and it becomes very toxic,
because you have to work more to pay for that job.
Now, there is no problem with wanting the screen,
there is no problem with wanting the luxury car,
there is no problem with going on vacation to Costa Rica, Guatulum,
or La Paz, no, there is no problem, just, yes, pure life.
But the issue is where that money comes from,
because the rich are given those luxuries with what they have left over
from their investments, not with their personal salary.
And you have that experience, that is, the experience of when you go on vacation
to a place that reaches you, that you saved, that you know how you are going to pay,
vacation is a joy.
You have an incredible time, you pay for the food, you buy the jeans, happy.
When you go on vacation, knowing that you went on vacation with money
borrowed by yourself, but that you, with debt assumed,
and probably everyone has this experience,
you are on the last day of vacation and you are going to have a panic attack.
Of course.
That is, you are going back on the plane, you open the door of your house
and a depression enters you, which, be careful, is not the ghosts of Sunday,
it is not the depression of vacation, it is the real panic of knowing
that you have just been shot in the foot.
Of course.
And that now you are the future self who has to pay that debt.
You don't really enjoy it.
No, you don't really enjoy it.
That's true.
So you also have to have a budget for going on vacation, right?
Here Marco, in our episode of the podcast,
I said a joke that people in comments loved and it is,
it's not worth going to enjoy seven days, some wonderful place
and come back with 60 months of bitterness.
That is not worth it.
The photos on your Facebook are not worth it.
The stories of your Instagram are not worth it.
That people talk to you about that beautiful trip is not worth it.
If you are going to spend five years, that is an unforgettable trip,
you are going to spend five years, 60 months paying month by month,
possibly a bad decision.
Now I'm going to the financial part.
If you want to do that, order yourself, damn it.
In other words, you can't be doing things with debt because I deserve it.
God will provide.
Take out a lot of play, a lot of fun and that.
Plan your trip.
How much is it going to cost you?
You have six months, a year to organize that trip and save a part every month.
Stop being indebted.
Instant satisfaction is screwing Latino.
Instant satisfaction will never, never be the tool to have a financial balance.
And I'm going to give you two words.
Pleasure, happiness.
Pleasure is short term, happiness is long term.
What do you prefer?
And there about what you say is, I think we were talking a lot about your present,
no, the past, how your past affects your present.
And then we haven't gotten into the conversation of your future.
Because if we think about this distribution of income, no,
that more or less 50 percent needs what I need, 30 percent wants what I want,
vacation, the screen, etc.
And 20 percent future.
Because first we heal the present, but then we also think that what I already organized
and what I have left over, then it is for vacation and it is for the screen.
No, you are also going to live in a year and in 10, 15, 20 and the systems do not give
for you to live like today, nothing more with your pension.
And here is a term that we have to add and it is the minors of 40 years in many
Latin American countries will not have pensions.
Pension systems are collapsing and it is part of what I teach my students.
That's why I teach them inverted.
Let's continue the conversation after a little pause and that is one of the first things
I learned, what you are saying about immediate satisfaction.
And Robert, I know that I always remember that he told me,
most people sacrifice their dreams for immediate satisfaction.
Sacrificing your dreams for immediate satisfaction is not a very productive plan.
We return after a very expensive price.
Very expensive.
We return.
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Dear money, dear money, if I don't talk about you, dear money, it's very expensive.
Having you as a taboo topic is very expensive.
To think money is the devil is very expensive.
To think that all the rich are bad and go to hell is very expensive.
There are a lot of limiting thoughts that separate us and hurt us.
They separate us from our dreams.
Nobody can make their dreams come true if they don't have at least a basic financial education
and a healthy emotional relationship with money.
And that's what we're talking about today with our experts.
It's the last segment, we're going to conclusions.
And well, we have with us Duidina Cordoba Delgado, the International Business Agency,
Marina Armendares, neuropsychologist, COACH CO of Capitel.com.mx,
and our guest expert from Costa Rica, the good Steven Zamora,
who is there with a superset and with some books behind him,
who are here saying, what good books he brings, we have to read them all.
Just read half of them, there's a lot more.
Of course, it's your financial sanctuary.
Read good books, listen to good podcasts, invest your time
in not only reading the show section, but also reading the finance section in the newspaper.
Well, but let's see, something that Duidina told me in the cut,
I want to talk about the months without interest, to conclude.
Months without interest, what comes to your mind, Amilia?
Let's see, I love them, honestly, because I think the key is in what Steven was saying a while ago.
Order, capacity to pay, flow of cash, what we were talking about at the beginning.
What is the flow of cash?
I love to call it the money of opportunities because you have three opportunities.
To save it, to invest it, to spend it on whatever you want or to borrow it.
Capacity to pay.
So I like it because when you have order and you know your capacity to pay,
you can make decisions of months without interest where you say,
maybe I'm not going to get out of capital right now,
I'm going to leave my money invested, let it give me performance,
while I'm paying little by little.
But the key to that is order.
I love it, for all this that we've talked about,
I think I also went through a process of healing my relationship with money,
I came from a family issue that was dragging this,
thanks to the sky it didn't fall again.
And I think that thanks to that I healed and found order, I like them.
But I've seen in the personal finance mentorships that I give,
that it's the bad of the middle-high class of this country.
They earn very well, sometimes we think we earn very well,
no, they earn very well, but they are accumulated,
they have a dirty clothes cost of months without interest.
That if gifts, that if I remember very well that in a class a student told me
that her aunt paid Christmas gifts to 13 months without interest,
this one of 12 plus 1.
She kept paying them the following year.
When we saw this topic she told me,
Miss, now I'm already down to 20,
my aunt keeps paying the gifts of that year, right?
Of course, no, because they are not only without interest,
she starts paying in January,
she starts paying in September and without interest.
Now, as you say, if that money that she was going to spend in cash,
I put it to work and it gives me interest and here I have no interest,
well, I already took the money out.
Totally, yes, it's good also to travel, right?
Before traveling, if before traveling you pay your flight
and you go to months without interest, you go already without debt.
But you don't have to spend that money on anything else.
You have to spend, you have to pay, you have to pay.
And you have to put the money to work.
Of course, that's another topic, you don't have to do it at the same time.
And that's another topic and we'll talk about it in another program.
Where can we find you Ludivina Cordoba Delgado Cancun?
Of course, in Cancun of course,
and in Arroba Finanzas con Ludi, we are about to release a web page,
in Instagram, Arroba Finanzas con Ludi,
the TEDx, El Dinero es Poder, there we talk about finances with gender perspective.
This topic is also very, very important.
I invite you to see it and well, nothing for now, there we are.
We have already made a commitment, next week they will return, next Wednesday.
On Wednesdays we talk about money.
They will return next week and we will talk about the gender,
about women and money, men and money, women and money.
A very interesting topic, we will talk about it next week.
But now, to close, my dear Marina Armendares,
that topic of postponing happiness.
Is it worth postponing happiness?
But I want to be happy today, not tomorrow.
I'm just going to make this distinction that he just made,
of pleasure versus happiness.
Posturing pleasure is one of the, the capacity to postpone pleasure
is one of the skills or characteristics
that have been more consistently linked to success,
through a bunch of studies.
Posturing pleasure.
And maybe some of you saw, a long time ago there was a viral video
of some children who put a bad boy in front of them and they said,
if you don't eat it, when I come back I'll give you two.
And there was a trend on Instagram and Facebook recently,
where you gave a child a toy and you said,
it's yours, but you have to wait for me to come back to open it.
If you open it before I come back, then...
It's a discipline.
So, we see it with children and this,
well, as you see it with children, you see it in adulthood.
And then, the topic is, do you want to have successful finances?
And be careful, having successful finances is not rich,
it's living the life you want through your finances.
One of the skills that must be developed is postponing pleasure.
Because postponing pleasure equals long-term happiness.
So, if I can postpone pleasure today,
not buying something for what I can't afford,
I'll be happier, sustainably happier.
So, when you think about your finances,
when you think about assuming debt,
remember that the person who is assuming the debt is me today,
but also me tomorrow and me in the past.
And then, by integrating all my I's,
I can postpone pleasure today to be happy through my long-term money.
And that God will provide, you will be the one begging God.
Exactly.
But you will be the one paying that debt.
Totally.
That debt.
I think it's excellent. Where can we find you, Marina?
You can find me in Capitelle.com.mx,
my social networks are marinaarfo and capitelmx.
Okay. And Evelín Hernández from Puebla, Puebla,
was asking, you mentioned it a while ago,
if this rule of 50-30-20 was good
or if there are better methodologies to create a budget.
We see that 50% is?
Needs.
What you need.
Your daily life.
Need. What I need.
Then 30% is?
Your wishes.
Once.
Being happy through your money is important.
You won't get along with someone you don't like.
With something you don't like.
And 20%?
Your future.
What I save and invest, basically.
Exactly.
So, do you recommend 50-30-20?
In parentheses. And we were talking about it outside of the ERE.
They call it a rule, but I see it as a guide,
because I have clients in inventories
that 85% of their income goes to needs.
For low wages, for inflation, prices,
the housing market, whatever you want.
So, it's a guide that will help you realize
what you're spending more on,
but it's not a square rule.
I understand. Very good.
We're running out of time.
We need to say goodbye to Steven.
Hold on to the comment for the next program.
Steven Zamora.
Amigo, you're a teacher,
and I want you to give us your comment
on the importance of investing our money in educating us.
And with that, we close.
We have a minute ahead, Amigo.
Basically, as I explained to my students,
you have to put money in your head
so that your head can put money in your bag,
but also so that they know how to manage what they have.
This is even biblical for those who believe,
but you have to know how to manage little
to manage a lot.
And if you don't look for tools,
things will be very difficult.
I say a phrase that is a bit difficult or controversial,
but a motivated brute is very dangerous.
They need tools.
A motivated brute is very dangerous.
Yes, they need tools.
Not only motivation, not only motivational audio.
They need tools and tools
so that they can create a work plan,
a map that they can follow with motivational audio.
It's very difficult to get far away from the best.
A work plan, a structure,
and a system to follow.
That's why financial education is important.
Of course, and education gives you processes,
it gives you steps, it gives you repeatable,
achievable processes so that you can learn.
I have nothing against motivators.
We all have many friends who are motivators,
but there are people who are taking them to motivation events
and asking God for it, and they don't educate.
And God gave you the head so that you can educate.
And God up there is like sticking to the head
watching the barbarity we do.
Educate yourself. Speaking of education,
you have courses, friend, where you can find
the people who want to educate with you.
On our Instagram, arroaentranadorfinanciero.cr,
put my name on Google and I'll even get you in the soup.
That's how it is today.
On any social network, YouTube, Instagram, wherever you want.
Steven Zamora, thank you very much, friend.
Thank you all three. We'll keep talking.
Remember that every week we dedicate one day of the week
to talk about our dear money.
Tomorrow we'll be talking about longevity.
Dr. Samar has been coming since she traveled from Miami
to be with us, and she's an expert in longevity
and she's an expert in the blue areas of the world.
And she'll tell us how to live in the blue areas
and how to get to 60, 70, 80, 90, even 100.
But with health and happiness.
So tomorrow don't miss that program.
Stay with Daniel D'Iturbide on Radio Fórmula
and find me as arroa.marcoantonioirajil
on all social networks.
See you tomorrow.
Thank you. Have a good one.
Reach your maximum potential.
Marco Antonioirajil in Fórmula
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