Coronavirus crisis reinforces the importance of financial education

The world is impacted by the changes caused by the new coronavirus.

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There is not a great country in the world that has not at least changed its routine tragically to help contain the pandemic that has left many people distressed.

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In theory, as the philosopher Luiz Felipe Pondé said: “the virus has no meaning at all” what we need to do is understand how we can protect ourselves with so as not to contaminate ourselves. However, we can learn one thing from the coronavirus: "it is necessary to have control over our finances"

If you have temporarily lost your job, and have not yet received government assistance, and if you have no reserve in your personal finances: how are you going to pay your bills, your cards, emergency bills, etc.??

Did you realize how important it is to have financial education and a reserve to help in these difficult times?

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Crise coronavírus reforça a importância de educação financeira

What to do when you don't have a financial reserve?

Some people resort to personal loan, others resort to credit card overdraft, others even resort to loan with loan sharks. However, our advice here, for informal workers, for example, or self-employed, is to be aware of the government assistance that is about to be.

Also, for those who want to know more about this subject Click here, we did a special article.

Special tips for not getting squeezed in times of crisis.

Do not consume more than necessary.

Unfortunately, people in our country are given over to consumerism.

Even those who don't have that much money, the people, that is, people in general, don't educate themselves financially. And when we say that, we are referring to those people who have conditions, access to the internet, to information.

So try to educate yourself financially.

Always save money for the next 3 months.

The great economists talk about always saving money for a period of 6 months, however, we know that this is not possible, our advice, is the crisis over? Did you start work?

Save money, avoid compulsively buying, the new coronavirus has shown that we need little to survive and have a dignified life, without the need to spend excessively every month.

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Source: Economic value 

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