How to organize savings in Colombia with 6.29% inflation and rates at 12.25%
With annual inflation at 6.29% in September 2026 and the Banco de la República's policy rate at 12.25% after a 25-basis-point hike on September 30, an expert recommends splitting savings into three groups: daily expenses in liquid products, short- and medium-term goals in CDs while comparing rates and terms, and long-term objectives with diversified strategies. He also suggests avoiding concentration in a single product and distrusting extraordinary returns.
In 40 seconds
- Annual inflation in Colombia stood at 6.29% in September 2026 and the Banco de la República rate reached 12.25% after a 25-basis-point hike.
- Expert Juan Lorenzo Santos proposes dividing money into three groups: daily expenses, short- and medium-term goals, and long-term objectives.
- For basic expenses he suggests products with immediate liquidity; for intermediate goals, CDs comparing rates, terms and withdrawal conditions.
Read the full story at Kienyke
IASummary generated by artificial intelligence from a story by Kienyke. It may contain errors: the original source prevails.
Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.