28 TIPS TO IMPROVE OUR FINANCES

Las finanzas

  Not having good financial health contributes negatively to physical and mental well-being. Economic problems can cause the onset of some disorders such as increased blood pressure, sleep problems, depression, and obesity. According to an April 2020 study by the National Endowment For Financial Education (NEFE), nearly nine out of ten of the 4,000 U.S. […]

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WHAT IS CHROMETOPHOBIA?

La crometofobia

  For a person who resists giving or spending money, we assign the adjective stingy or miser. But when this behavior interferes with the natural development of life and severe conditions a person, taking to an extreme this irrational fear of spending money, is a phobia called chrometophobia. Currently, the World Health Organization (WHO) does […]

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HOW TO SAVE MONEY ON VACATION?

Ahorrar dinero en vacaciones

  When we go on vacation we want to rest and enjoy ourselves. What usually happens during the holiday period is that we tend to forget to take care of our economy as we do during the year, but we think even less about saving money during the vacation period. If we spend too much […]

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WHAT IS FINANCIAL SECURITY?

La seguridad financiera

  Financial education, contrary to popular belief, is not limited only to experts in the economic field. It is very important in everyone’s daily life, since we perform actions every day that require us to know how financial terminology works and how it works. Knowing how finances work helps a person to know how to […]

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WHAT IS SMART CONSUMPTION?

El consumo inteligente

  To consume is to make use of services and products to satisfy one’s own needs or desires or those of another living being. Consuming is not the same as buying in an uncontrolled way, understanding that this action will make us happier. When this happens, we talk about consumerism. On the other hand, the […]

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7 STEPS TO SMART CONSUMPTION

El consumo

  In this article, we would like to highlight seven steps for smart consumption, extracted from the work developed within the framework of the Agreement established between the Ministry of Education, the Bank of Spain and the Comisión Nacional del Mercado de Valores for Financial Education at School. The objective of this initiative is to […]

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CASH: ADVANTAGES AND DISADVANTAGES

El dinero en efectivo

  Cash refers to paper money, metallic money, bearer bank checks and everything that has been conceived to be used as a means of payment. Focusing on paper money, which we call banknotes and metallic coins, we can say that just as there are many countries on the planet, we can also find different types […]

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WHY IS IT SO HARD FOR US TO SAVE MONEY?

El ahorro

  To be financially healthy, saving is necessary. Keep track of income and expenses and try to save month by month to achieve financial security. Savings is the part of our income that we do not spend. The more income we have, the more savings capacity we have.  But in order to save, even if […]

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