The world of finance can be intimidating, especially when we encounter complicated concepts or various investment options. Today our financial decisions have a direct impact on our economic well-being, which is why it is so important to have the necessary information to manage our assets efficiently, maximize benefits and minimize risks, either directly or through a third party. expert. This…
Is it better to save or invest? This is one of the first questions that comes to mind when making decisions about our money. Sometimes it seems that these two terms are synonymous, but the reality is that there are important differences between saving and investing. Each of these options has its purpose. Understanding the advantages and disadvantages of…
If you are interested in the world of finance, you have surely heard about investment risks, but do you know what reinvestment risk is? Although, in principle, they sound similar, the reality is that they are two very different terms. If you want to know the difference between one and the other, in this post we will explain…
There are financial operations that you surely perform very frequently: sending money monthly or weekly to your children’s account; paying the garage bill every month; making a transfer with the money you have been able to save to a savings account… that is, periodic transfers. Since it’s about making things easier for you, both in your electronic banking and in your ABANCA app you…
Artificial intelligence ( AI) is expanding throughout all sectors of the economy, with a forecast of 200 billion invested in this technology by 2025, according to Goldman Sachs. And, one of the most transformative is the financial services sector, as portfolio managers are starting to use generative AI tools to help them collect and analyze data in search of the best returns. If big…
Investment in real estate, or as many call it, investment in brick, is one of the most widespread types of investment throughout the world. Many people decide to delve into it looking for the best real estate investment to obtain sources of passive income, great benefits or the peace of mind of having a secure value, but to what extent…
The use of smartphones or smart mobile phones has become so widespread that, according to Statista data, 63% of online users made purchases from their mobile devices. The figure is from 2018, but it not only demonstrates a progression but also supports the fact that these types of devices are essential in our daily lives and accompany us…
Accounting is a vital function in any organization and efficient accounting software can make a difference in financial management. In the United States there are various accounting programs, each with its advantages and disadvantages. Therefore, knowing which are the most used accounting programs in the United States can be crucial for those seeking to optimize their financial…
Have you ever wondered what to do with your money? A financial advisor is the person in charge of helping you. Someone with exhaustive knowledge of finances and capable of finding the product that best suits your needs. Next, we will explain in detail what the functions of this financial coach are and what their day-to-day tasks are; so…
Stocks are risky. But with the right knowledge and preparation, you can reduce risk and increase your chances of success as a stock investor. Investing in stocks isn’t for everyone, but if you have a high-risk tolerance and want to build long-term wealth, stocks are a good starting point. Have you heard of people losing all their…
