Liliana Olivares and her venture that transformed the way of learning finance for youth

by time news

2023-09-06 01:09:00

At 17, the Mexican Liliana Olivares she had to “become an adult” from one moment to the next, by being a mother and having to take responsibility for another human being. Despite the fact that everyone around her saw it as “an end”, the Mexican woman knew that it was the perfect time not to give up on her dreams and continue her studies.

“At 18 I realized that I had no idea how to be an adult, and at 23 everything in my life collapsed, my dad died, I had to pay wakes, debts, hospital debts and that was a key moment in my life. to think that how was it possible that five years had passed since I was an adult and I had no idea about finances”, Liliana recounted in an episode of Shark Tank México.

Liliana remembers that that was a defining momentto decide that he was never going to go through a situation in which he did not know how to handle finances again.

Creating a methodology

“When I began to have order, like my 23 yearsI also taught my cousins ​​and friends to save and, little by little, I put into practice what today is my venture”, recalls the entrepreneur in an interview for Dinero en Imagen.

The situations of her personal life led her to have to learn about finances, that was the moment when she realized that financial education plans were a must and his desire was to undertake a company with value.

At the age of 30, the Mexican founded Adultinga financial consultancy focused on millennials, in which through a ‘coaching’ program, they will learn everything that nobody taught them about their finances.

A reality in Mexico

“About 70% of the population has never had any kind of financial education, and only 2 out of 10 people save in Mexico. Millennials have credit card debts of more than one hundred thousand pesos,” explains the entrepreneur.

Con AdultingLiliana’s idea is not that millennials depend on her for the rest of their lives, but rather that they grow up and know how to manage their finances independently.

The idea is to provide principles of finance healthy, investments and debt restructuring.

The importance of undertaking

As an entrepreneur, Liliana has identified the most common mistakes that people who start a business make. These range from not planning, mixing personal finances with business financesmake unrealistic calculations of the needs to undertake or not assign you a duel within your business.

“Having healthy personal finances to undertake gives you a greater probability of success than if you did it with debts that you have previously been dragging. The importance of this is that your personal finances are the basis that will allow you develop a business that is sustainable”, he commented to Dalia Empower.

Therefore, it highlights that entrepreneurship is an investmentand informing you is giving you a better chance of success for the investment of starting a business to have returns that you are waiting for.

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