Displaying items by tag: savings
SSF informs reimbursement to COSAVI members with savings of less than US$1,000
The Superintendencia del Sistema Financiero has informed through Superintendent Evelyn Gracias, that people associated to the Cooperativa de Ahorro y Crédito Santa Victoria de R.L. (COSAVI). Those who had savings of US$1000 or less will be reimbursed 100% of their capital starting tomorrow, tuesday, may 14.
Banco CUSCATLAN will promote the digitalization of remittances for savings
As a founding member of the Consorcio de Inclusión Financiera para Remesas (FICCAR), Banco CUSCATLAN committed to make efforts so that 20% of the person-to-person transfers received in its branches and digital banking, its clients will use them for savings.
Central Government favored an estimated savings of US$585 million to consumers
During 2022, the Government subsidized the purchase of fuels to prevent a drastic escalation in commodities. From march 2022 until the end of this year, the Government favored an estimated savings of US$585 million to consumers through price containment in diesel, regular gasoline, premium gasoline and liquefied petroleum gas (LPG).
Economic measures facilitated savings of US$120 million for propane gas consumers
According to the Ministerio de Economía (MINEC), the economic relief measures promoted by the Central Government since 2022 have generated an estimated savings of US$122.41 million for propane gas consumers.
Back to school? Don't let your economy fail
After enjoying a well-deserved vacation, it is time to go back to school and, consequently, to buy uniforms, shoes and school supplies, so it is important to allocate a budget for these purchases so your family economy is not affected.
Balancing consumption, savings and investment
The family economy is based on three main activities: consumption, savings and investment. To achieve healthy finances it is necessary to balance these three aspects, so that we spend appropriately and save funds to plan for the future.
SSF encourages savings and investment habits through the Stock Market Game 2022
The Stock Exchange of El Salvador, which is celebrating its 30th anniversary, provides a variety of investment and financing options. It is also committed to training and education, through multiple activities that provide knowledge about the capital market to the population.
You can't say 'yes' to everything
Personal finance advice from family to family especially has a strong influence on financial habits in general. Some of these lessons, consider them a tasty chicken soup for your pocketbook.
How to make a budget for your education?
A budget will help you answer these questions and is absolutely essential for managing your personal finances. Do you need a budget? Yes! Does everyone need a budget? Yes!