How to save in Venezuela even if you don't earn enough?
That is the real question. It's not theory: it's the daily life of millions.
Today, an average family of 4 needs between 900 and 1200 dollars monthly to cover the basics: food, transportation, and services. Just a food market can cost between 550 and 650 dollars (for adequate nutrition). However, the average monthly income ranges between 70 and 400 dollars. For many, it doesn't even cover half of the basket.
In cities like Caracas, Valencia, or Maracaibo, living can require between 300 and 550 dollars a month, depending on the area and the size of the household. That's why the vast majority can't make it to the end of the month. So, how to save when there is a shortage?
The key is to protect the value of what little you have. Keeping bolívares almost always means losing purchasing power. That's why it's advisable to convert to USDT as quickly as possible. And save whatever you can, whether it's 2, 3, or 5 dollars a week. The important thing is to do it consistently. The snowball strategy works: small repeated amounts grow over time.
A practical tip is to "hide" your savings to avoid spending it impulsively. You can do this with staking on Binance, locking your money and letting it grow little by little, and another option would be to convert it into other assets within Earn so you don't see it as available money.
In Venezuela, quick investments tend to be risky. The most sensible approach is to think long term: 5 to 10 years. Saving in crypto like in $USDT BTC or ETH consistently can provide stability, in addition to placing it in earn which would gradually increase it. It's not about getting rich overnight, but about building a foundation, an emergency fund, the car of tomorrow.
Another simple idea is to divide your income: 70% for living, 20% for saving, and 10% for learning or investing. Even if you earn very little, a plan helps to stay on track.
#venezuela #P2PVenezuela #VenezuelanEconomy #VenezuelaEnUSDT

