Category: FINANCIAL HEALTH

Modern life pushes us to pursue financial success, often neglecting our emotional health in the process. However, the reality is that financial and emotional well-being are closely interconnected. When one aspect is neglected, the other is also affected, leading to negative consequences in our lives.   FINANCIAL WELL-BEING: THE CONNECTION BETWEEN MENTAL HEALTH AND FINANCES […]

  Teaching our children good financial habits is essential for their future. Establishing a solid foundation in financial literacy will provide them with the tools they need to make decisions with their money throughout their lives.  There are many ways to promote financial literacy and cultivate a healthy money mindset among young people. However, there […]

  Whether we like it or not, money exists and it is the tool that allows us to exchange goods and services since it was considered more efficient than barter or direct exchange. Therefore, reviewing our relationship with money is important because it affects many aspects of our lives. Among other things, when we do […]

  Inflation refers to a sustained and generalized increase in the price level of goods and services in an economy over a while. In other words, it is the increase in a society’s cost of living, which means that each currency unit has less purchasing value. One of the main factors contributing to inflation is […]

  Making ends meet can be a challenging task for many people. This situation can be the cause of many emotional problems, including: Anxiety: Constant worry about money and lack of financial resources can lead to increased anxiety. Stress: The stress and pressure of not being able to cover basic expenses can lead to stress […]

  1. Set a Christmas budget Just as you budget the rest of the year to manage your money, do the same at this time of year so you can spend less at Christmas. Choose whether you want to do it in Excel, a notebook, or an app, and write down every purchase you will […]

  World Savings Day was celebrated on October 31, established in 1924 at the first International Savings Banks Congress in Milan. The aim of this day was to encourage money saving among the population and thus restore public confidence in banks, as it had been wholly lost after World War I. This day continues to […]

  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. […]

  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 […]

  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 […]