It is easy to associate minimalism with decoration and architecture rather than finances. The truth is that minimalism goes much further and it has become a life philosophy for many people thanks in large part to the rise of Marie Kondo, who even has a documentary on Netflix.
What do young people think about saving? How capable and willing are they to plan their financial future? As revealed in the latest survey conducted by the BBVA Pensions Institute, more than half (54%) of millennials (those born between 1980-2000) managed to save during the months of lockdown, and around 40% continued to maintain this habit afterwards. This saving is coupled with the fact that almost half of Spanish millennials are not confident that they will get a public pension when they retire, according to the same study.
Housing is the largest investment for many Spanish families and, consequently, their main asset. That is why it is typical for many families to end up in a somewhat peculiar situation: they have a large amount of wealth thanks to the house they have already paid for, but their income is limited.
You don’t have to be a large company, a famous person, or have a lot of money to suffer a cyberattack. Any data shared on the internet is interesting to hackers. In fact, the highest percentage of cyberattacks are directed at SMEs and freelancers, as cybercriminals know that they are more vulnerable than large corporations.
The insurance sector is one of the most dynamic when it comes to adapting to new consumer habits and expectations. Digital transformation and innovation set the pace of this evolution in which personalization, customer experience and sustainability are vitally important.
Inflation has caught us by surprise and it seems that it will stay with us longer than expected. What can you do so that rising prices don’t throw your family’s finances into disarray? To begin with, it is important to know what inflation is and how it affects your savings.
Have you heard of on-off insurance? This is a new type of insurance product offered by insurance companies. Its main feature is that the customer can program their insurance, in other words they can “switch it on” or “switch it off” so that it is activated only on the days when they need cover.
When we book a trip in advance it is difficult to foresee all the circumstances that may occur around the dates of the trip. Whether they are work, illness or family reasons, the truth is that many things may force us to cancel the trip.
Social media has become an important information channel and a way for the business world to interact with consumers. The insurance sector is no exception.
Many families reach the end of the month with an empty checking account and see, once again, how those dreams that for a moment had seemed possible to achieve are slipping away: goodbye to this summer’s trip, goodbye to those future plans in which they received a high return on their investments and goodbye, also, to the peace of mind that comes from having a small fund to deal with unforeseen events.
Last April, the Euribor closed positive for the first time in more than six years and everything points to the fact that it will continue to rise in the immediate future. The reasons are clear: the increase in inflation and the almost certain rise in interest rates that the European Central Bank (ECB) will have to introduce in order to control these.
Carsharing is a form of transport that allows users to enjoy the advantages of driving a vehicle without having to actually own it. Users rent these vehicles from a mobile app to make a specific journey, giving them greater flexibility and speed.
In 2020, the Consumption and Consumer Trends in the 21st Century report by the Spanish Ministry of Consumer Affairs stated that, “We are entering an era in which globalization in terms of world economic transactions and the presence of the internet will render many of the classic theories of marketing obsolete.” In this scenario, the pandemic has also turned our lives upside down, helping to accelerate changes in consumer habits.
Last February the Government approved the draft Animal Protection Law and at the same time the Council of Ministers approved an amendment to the Criminal Code to extend the penalties for animal abuse.
With the price of energy soaring, more and more people are wondering what they can do to save electricity. As in any aspect of life, there are many things you can do, but in the end just a few of them will account for most of the savings.
If you had invested 1,000 euros in bitcoin 10 years ago, today you would have 9.6 million euros in your account after adding a profit of 966.768%. That figure sums up the appeal of cryptocurrencies and the crypto ecosystem to the average Joe.
COVID-19, war, soaring inflation, energy uncertainty, goods transport problems… And in the background, market crashes, in many cases driven by panic.