Financial Education, suits me
Have you ever heard of Financial Education?
If not, this is an opportunity to access enlightening content about the financial world.
Caixa, as a financial institution and with a strong social commitment, created this page to transmit relevant information about financial education to its customers and the general public, contributing to a healthier financial life.
With the help of this information, your financial decisions will be more conscious and intelligent.
So, follow the monthly chapters on financial education and let us help you become more prosperous every day.
Create a reserve for difficult times
Not all months are the same. There are times when income may decrease and other times when unexpected expenses arise, such as repairs, health issues, a family emergency, or other needs.
Therefore, it is important to build a financial cushion for unexpected events, or an emergency fund.
Even if you start with a small amount, set aside a portion of your income regularly. Over time, you will be able to build a reserve that allows you to face tougher times without compromising your family budget or your business.
Three steps to get started:
- Set a goal amount: Establish the target amount you want to have available to handle unforeseen events.
- Build the fund gradually: Regularly save a small portion of your income until you reach your goal.
- Use only when necessary: Reserve this fund for unexpected and essential expenses, avoiding the need to turn to credit whenever an emergency arises.
An emergency fund provides greater financial security and helps protect your family, your business, and your goals.
Prepare today to handle tomorrow's unexpected events.
Caixa. The bank that fits me.
Caixa. The bank that fits me.
Save first, even if it´s just a little
Poupar não depende apenas de quanto ganha, mas sobretudo do hábito de reservar regularmente uma parte do seu rendimento.
Em vez de esperar pelo que sobra no final do mês, reserve primeiro um pequeno valor assim que receber. Mesmo que seja pouco, a regularidade faz a diferença.
A poupança pode ajudá-lo a:
Comece com o valor que consegue. O importante é manter a regularidade e criar o hábito.
Caixa. O banco que combina comigo.
Em vez de esperar pelo que sobra no final do mês, reserve primeiro um pequeno valor assim que receber. Mesmo que seja pouco, a regularidade faz a diferença.
A poupança pode ajudá-lo a:
- enfrentar imprevistos com maior segurança;
- alcançar objetivos pessoais e familiares;
- reduzir a necessidade de recorrer a crédito em situações urgentes.
Comece com o valor que consegue. O importante é manter a regularidade e criar o hábito.
Caixa. O banco que combina comigo.
October, Savings Month: Separate business money from family money
Anyone who is self-employed - whether as a street vendor, fisherman, shopkeeper, or rabidante (informal trader) - knows the challenge of variable income.
To maintain the balance of family finances and ensure the continuity of the business, there is a golden rule: business money is not household money.
Mixing the two can make it difficult to control expenses and may compromise the restocking of goods or the resources needed to keep the activity going.
Follow three essential steps:
Caixa. The bank that suits me.
To maintain the balance of family finances and ensure the continuity of the business, there is a golden rule: business money is not household money.
Mixing the two can make it difficult to control expenses and may compromise the restocking of goods or the resources needed to keep the activity going.
Follow three essential steps:
- Record income and expenses: Note down sales and key business expenses daily, either in a notebook or on your phone.
- Set a family "salary": Establish a fixed amount for household expenses and keep the money needed for the business separate.
- Keep business money safe: Whenever possible, keep the money intended for the business in a separate account, avoiding impulse spending.
Caixa. The bank that suits me.
Back-to-School: Learn to Manage Your Allowance
Classes have already started. Now is the time to learn how to manage your allowance and make smart choices throughout the school year.
An allowance can be an excellent opportunity to learn, in practice, how to organize money, distinguish needs from wants, and build a savings habit.
Check out these 4 tips:
1. Define priorities
Before spending, think about what is truly necessary. Not everything you want to buy is a priority.
2. Divide your allowance
Set aside one portion for daily expenses, another for savings, and, if possible, a small portion for occasional spending.
3. Set a savings goal
Do you want to buy something, do an activity, or simply save money? Set a goal and establish how much you need to save per week or per month.
4. Track your expenses
Write down what you spend, even small amounts. At the end of the month, you will see where your money is going and where you can save.
Small choices today can make a big difference tomorrow.
Manage your money well. Save for your goals.
Caixa, the bank that suits me.
eBooks
Financial Education
This e-book entitled "Financial Education - descompliCAIXA" is an initiative of Caixa Económica de Cabo Verde, with the aim of providing basic information on personal finance and encouraging citizens to reflect on their relationship with money. In addition, the material shows how proper management of personal finances can bring benefits to well-being. With a clear and didactic approach, the e-book brings together practical examples and valuable information for efficient management of personal, family and business finances.
We believe that individuals with financial knowledge are crucial for the stability and efficiency of the financial sector, as they tend to seek options that best meet their needs. That is why we have compiled the chapters published in the "Financial Education" section of Caixa's website, with the aim of offering enough knowledge so that the reader can reflect on his personal finances and make them more predictable, controllable and comfortable.
Remember, the key to financial success is constant planning and saving. Follow our tips and happy reading!
We believe that individuals with financial knowledge are crucial for the stability and efficiency of the financial sector, as they tend to seek options that best meet their needs. That is why we have compiled the chapters published in the "Financial Education" section of Caixa's website, with the aim of offering enough knowledge so that the reader can reflect on his personal finances and make them more predictable, controllable and comfortable.
Remember, the key to financial success is constant planning and saving. Follow our tips and happy reading!
