A wedding is expected to be a unique and absolutely perfect day, but is it really worth putting your parents in debt or starting the relationship in the red, just to have one special moment?

Saturday, 26 August 2023 01:54

Tips before taking out insurance

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Hiring an insurance policy is an investment for the future, that is why it is important to compare options and select the service you think is the most adequate, in order to be able to face unexpected problems that may disrupt the family's normality.

Thursday, 24 August 2023 17:35

Credit risk: What is it and how is it measured?

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At the time of granting a loan, every financial institution performs a risk study to see how feasible it is to carry out the operation and not lose the money that will be delivered. The results obtained from the analysis are called "credit risk" which is the probability of non-payment by an entity or debtor.

There are many factors in life that directly affect people's physical and mental health. Doing or not doing certain actions can help you stay healthy or get sick. One of those primary factors, although not the only one, is the state of your finances.

Sometimes, to detect the source of financial problems, you have to go back to the basics, and that's just what we're going to do today. If after reviewing your finances, you can only lament how bad they are, then it's time for you to go back to basics too.

The transformation of the financial system has been accelerating year after year. New technologies, blockchain and web3, among others, caused structural changes in traditional entities such as banks and governments, and in turn allowed the emergence of new companies capable of providing solutions for the new challenges presented by markets and new generations of consumers.

The most effective tip for saving fast is to learn to manage yourself. If you stick to a budget, you will take control of your finances. Financial independence is essential to reach your short and long term financial goals.

1. Sell your stuff on eBay, Craigslist or Facebook Marketplace: If you want to make money fast, one of the best ways to do it is to simply sell the things you already have. Do you have old clothes, electronics, books and other items taking up space in your garage?

According to rating agency JP Morgan, data has been generally upbeat in recent months in El Salvador, showing disinflation, positive fiscal accounts performance and, more recently, increasing signs of acceleration in the economy.