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"Año Viejo" is a tradition celebrated in various Latin American countries on New Year's Eve. It involves the creation of a life-sized or smaller effigy made out of old clothes, paper, and other materials to represent the old year. This effigy is then burnt at midnight to symbolize leaving behind the past year's troubles and negativity, and to welcome the new year with a fresh start. It is believed that by burning the "Año Viejo," people are letting go of negative energy and making way for positive vibes in the coming year. This tradition is significant as it encourages reflection, renewal, and the start of a new chapter in people's lives.