What is Financial Education?

Financial education consists not only of learning how to save, cut costs, save, invest and accumulate money, but also of assuming a behavior and developing habits with a view to controlling and balancing spending and earning. In short, you shouldn't spend more than you earn. It's a learning process in which people start to adopt the necessary measures in their daily lives, such as: drawing up and monitoring a personal or family budget, buying consciously, saving and investing.

You learn from your parents, for example, that turning off the lights when you leave the room, reducing your water consumption, donating or repairing clothes and recycling and producing less waste are savings for you, your family and the entire value chain around you. However, from a young age, you must learn that, for your financial security throughout your life, the pillars of support are: Planning, Budgeting and Control. And that, above all, conscious attitudes when using the money you earn from your work or family income, with care and zeal, can guarantee your future well-being.

A better quality of life and material security means not only having the resources - money - to cover expenses and obligations, but also providing for leisure, travel and investing in durable goods and, at the same time, being prepared for unforeseen events. This is no easy task; it requires organization, planning and attitudes with the awareness that the bill has to be paid at the end of the day, month and year. It means making responsible decisions in line with your personal goals and also finding out more about the products available on the financial market that can help you.

So, you can find out more about them at the links below: