Louis Barajas breaks down five Latinx superstitions about money: never put your purse on the floor, don't sweep at night, an itchy palm means cash coming or going, avoid bragging to prevent mal de ojo, and don't talk about wills or death. The real money killers are not these beliefs but skipping savings, investing, and planning.
Okay, mi gente, let's have some fun. How many of these did your mom or abuela tell you growing up? I've got five of them. Number five: never put your purse on the floor because what happens? Well, your money's going to disappear. El diablo se la va a llevar. I don't even know what happens. So I don't know where it's going, but apparently it's leaving. Number four: don't sweep the house at night because you're just not sweeping up the dirt; you're sweeping the money right out of the house. Now apparently financial planning begins knowing what time to use the broom. Number three, if your palm starts itching, money's coming. And depending on which hand it is, you're either getting money or losing it. Do you guys know which one? I don't know. Just check your hands. Number two, don't talk too much about your money or your success because somebody might give you mal de ojo. So if you're doing well but not too well, don't tell anybody. And number one, don't talk about wills, life insurance, or planning for death because somehow if we talk about dying. Well, we think we're going to make it happen, so come on. Creating a will isn't going to kill you. Buying life insurance isn't going to kill you. And putting your purse on the floor probably isn't going to make you broke. But you know what might? I'll tell you what. Not saving, not investing, not planning, and not talking about money. So keep your purse off the floor if it makes your abuela happy, but let's build some wealth while we're at it.
