Oct 6, 2022 | Financial education, Good financial advice, News, Overindebtedness
Perhaps it is not so obvious to everyone to understand that if you have to borrow money then it means you cannot afford to make that purchase, that trip, or anything else. A good rule of thumb is to check whether it is possible to make the purchase twice without...
Sep 9, 2022 | Financial education, Good financial advice, News, Overindebtedness
One rule that always applies to a good investor is to spend less than you earn. If, for example, you earn 2,000 euros each month you can consider that 1,500 will be devoted to expenses, necessary and otherwise, while the remaining 500 euros will be savings. There are...
Sep 1, 2022 | Financial education, Good financial advice, News, Overindebtedness
If you set as a goal to live within your means you will immediately understand what expenses you can or cannot incur to avoid having to ask other people or the bank for money. At this point it becomes important to analyze one’s monthly income and spending...
Aug 25, 2022 | Financial education, Good financial advice, News, Overindebtedness
Investing is an ageless process that can accompany us throughout our lives. You should know, however, that this is not a game and that every decision we make can have positive or negative implications. Meanwhile, it is important to know that one invests for income...