Despite the national and international situation, the fixed-term deposit continues to be the financial product that offers the most attractive interest rates and that could gradually reach 10%, according to Arturo García, professor of Finance from ESAN Graduate School of Business. The specialist refers that since the inflation began to rise, from mid-2021, the central […]
Tag: savings
Find out at what age you can start investing and what options you have right now
From a young age, one can have goals like buying a car or an apartment, for which there is to go tracing medium and long-term goals. Ideally, to achieve these objectives is to start as soon as possible to invest. For example, when you start working life. Luis Mendiola, a professor at the ESAN Graduate […]
How to choose an ideal savings account?
If there is something that quarantine has taught us, it is the importance of having savings, either to later invest it in a business or study project, or to have an economic ‘cushion’ that will always be a great help. For this reason, José Camacho, Central Business Manager at Caja Trujillo, explains what types of […]
What is the difference between checking, savings, salary and fixed term?
When a person begins to produce and manage money, they will necessarily have to go to a financial institution to open a Bank account that allows you to efficiently manage your earnings. Thus, among the most common options we find the savings account, current account, salary account and fixed term account. What is the difference […]
Arequipa: 3 offices of Mi Financiera close and cause fear of a possible non-return of savings
By: Roberth Orihuela Q. Three branches of the Savings and Credit Cooperative (Coopac) My Financial they did not open, which caused fear in savers. These are located on the commercial platform of Avelino Cáceres, Cayma and El Pedregal. After hearing the news, dozens of partners went to the main headquarters located in the oval of […]
Savings in Peruvian households increased during the second year of COVID-19
According to a study by Piura Box, the saving capacity of Peruvian households increased during 2021, the second year of the pandemic. The survey indicates that “with the COVID-19 Peruvians learned that it is better to have a backup fund for any emergency, as well as that they have learned to seek profitable and safe […]
Arequipa: they appoint a liquidator to sell the assets of PrestaPerú owners
Arequipa. For savers affected by the closure of the cooperative Presta Peru In August 2019, the arrest of Los Embaucadores del Sur is the result of their denunciations and constant struggle to recover their savings. After the closure of this financial institution, some 800, of more than 8,000 partners affected, decided to form the PrestaPerú […]
How unequal was the increase in wealth and savings in times of COVID
Updated on 11/27/2021 05:32 am Household savings increased dramatically during the COVID-19 crisis in many countries. Lower consumption, both as a result of lockdowns and as a precaution, combined with an increase in disposable income from government transfers allowed households to put more money into their bank accounts, buy stocks, a house, or pay off […]
What is a mutual fund, how does it work and what types are there?
Many people look for ways to grow their savings to achieve those goals they long for: buying a new home, getting a car, going on vacation to a dream place, and many others. Among so many options that the market offers, mutual funds are one of the most interesting and also reliable, since your money […]