Monday, 24 June 2024 05:06

Make the most of your salary

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Making the most of your paycheck is essential to achieve financial stability and freedom. The first step is to create a detailed budget that includes all your income and expenses. This budget will allow you to identify areas where you can reduce costs and allocate resources more efficiently.

Friday, 21 June 2024 23:40

BCR reports increase in family remittances

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The Banco Central de Reserva of El Salvador has reported an increase in family remittances during may 2024. Remittances, which represent a crucial source of income for many salvadoran families, increased from US$741.75 million in april to US$752.92 million in may.

The recent torrential rains that have hit El Salvador have generated a state of national emergency, which could translate into a significant increase in insurance premiums, as the weather situation has put insurance companies on alert, which already anticipate an increase in costs due to the increased frequency and severity of accidents.

Through a conference, the Secretaría Ejecutiva del Concejo Monetario Centroamericano (SECMCA) in coordination with the central banks of El Salvador, Honduras, Nicaragua and the Dominican Republic, indicated that they support the construction of the "Regional Information System for Monitoring Price Variation of Basic Products of the Índice de Precios al Consumidor (IPC) in the Sistema de la Integración Centroamericana (SICA)”.

For this june 17, you can start helping dad with finances, take advantage of different courses, books or articles that offer tips that can benefit the whole family.

Growing a business economically requires creativity, strategic planning and taking advantage of available resources, to achieve this you must also have discipline and know what your savings goals are.

Monday, 17 June 2024 05:12

Learn to economize from home

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Thrifting from home is a valuable skill that can help families save money and manage their finances more efficiently. Starting with small changes can make a big difference in the monthly budget. Here are some effective strategies for reducing expenses and maximizing savings at home.

Buying shares of large companies can be a solid strategy for investors; however, with the right strategies you can achieve growth in the world of financial stocks and generate more income, if you establish an initial capital.

Monday, 17 June 2024 04:19

Importance of recording personal payments

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Keeping a record of personal payments is essential for maintaining good financial health. First, it allows you to have a clear and precise control of your income and expenses, which facilitates planning and budgeting.

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