Economy

Five key financial tips to start 2023 on the right foot – Personal Finance – Economy

Five key financial tips to start 2023 on the right foot – Personal Finance – Economy

The arrival of 2023 marks the beginning of new projects, goals to be met and, in this sense, the good management of finances It is decisive in order to achieve the proposed purposes.A key aspect to start the year with a healthy financial life is to properly manage resources, taking into account that December expenses have an impact on the economy during the following months, especially if purchases exceed our budget.(Also read: How to save money with record inflation and the new rises of 2023?) In this, it is important to allocate the money responsibly, without exceeding necessary expenses, so…
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Transfers and digital payments in real time, the next wave – Sectors – Economy

Transfers and digital payments in real time, the next wave – Sectors – Economy

Although Brazil continues to be the undisputed leader in Latin America in terms of electronic commerce and payments, Colombia, which ranks third, behind Mexico, has been shortening the great advantage that the South American giant had on these fronts.And although for this year the country is expected to face a strong contraction of its economy, like the rest of the planet, e-commerce is expected to continue to grow an estimate of 89 percent by 2026, reaching sales of more than 14,000 million dollars, according to the most recent 'Latin American Electronic Commerce Report', prepared by the PayU online payment platform.(Also…
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Automotive sector is less optimistic for 2023 due to the dollar and GDP – Sectors – Economy

Automotive sector is less optimistic for 2023 due to the dollar and GDP – Sectors – Economy

A survey of businessmen in the automotive sector during the month of December revealed that 60 percent believe that the company's economic situation is good, but this percentage is lower than that found in previous Andemos surveys. In this sense, 53 percent affirmed that the activity of the company was less than that of the previous month.For the next 12 months, 48 ​​percent of employers considering that the economic situation of the country will be the same; 35 percent, that it will be worse and 17 percent, that it will improve.(Also read: Do you see the prices of new cars…
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Credit cards: why is it a bad time to use them?  – Personal Finance – Economics

Credit cards: why is it a bad time to use them? – Personal Finance – Economics

If you have a credit card, it is best to keep it locked up and not use it, at least for the next few months. Why? Interests are through the roof and borrowing money could be much more expensive than it was in 2022.Since inflation has been rising month by month for almost two years -closed 2022 at 13.12 percent-, the Bank of the Republic has also been increasing its interest rates and between September 2021 and December 2022 they went from 1.75 to 12 percent.(Also read: CDT: What is it and how good is it as a savings option…
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