Financial Education
Ouribank is constantly evolving, expanding borders and creating relationships of trust with our clients. And for the partnership to be real, we created financial education content that can help you on this journey!
Ouribank is constantly evolving, expanding borders and creating relationships of trust with our clients. And for the partnership to be real, we created financial education content that can help you on this journey!
Process of acquiring knowledge and skills to make conscious decisions about your money. This means understanding how money works, how to spend it wisely, how to save for the future, and how to invest in
responsible way.
Create a budget: a budget is a plan for how you will spend your money. It's an essential tool for controlling your spending and achieving your financial goals
Understand your consumption habits, recording expenses for the month to identify possible cut areas
Define your short, medium, and long-term financial objectives, creating budgets to distribute your needs
Set realistic and attainable goals to maintain motivation
Pay your debts: debt can be a big financial burden. Prioritize paying off your high-interest debts first, such as the revolving credit card
Prioritize paying off high-interest debts.
Negotiate with your creditors, seeking to reduce the amount or interest.
Avoid incurring new debts, using alternatives such as prepaid credit or savings.
Start saving: Saving money is important to achieving your long-term goals. Even if you can save just a small amount each month, it will make a difference in the future.
Create an emergency fund for unforeseen events, with the equivalent of 3 to 6 months of your expenses
Set savings goals: start with small amounts and increase gradually
Invest your money: investing your money can help you achieve your financial goals faster. There are several options, such as stocks, funds, and real estate
Look for fixed or variable income options, according to your risk profile
Diversify investments, reducing risks while applying to different modalities
Seek professional guidance: if you need help managing your finances, a financial advisor can help you create a personalized plan to achieve your goals
Study financial education with books, articles, and videos
Attend courses and workshops
Avoid comparisons with others: each one has its own reality and different objectives
Financial education is a continuous journey, the more you learn, the more prepared you will be to make smart financial decisions and achieve your goals.