In crisis there is a greater lack of basic knowledge of financial economics

Since our childhood we have heard that money does not bring happiness, and with time we have realized that money produces such a similar sensation that we need to be a specialist to differentiate it, which is why financial health is a way to achieve emotional wellbeing through good financial management.

It highlights how a good or bad financial management directly impacts the mental and even physical health of a person, on the other hand, the uncertainty caused by current events, such as the pandemic and the Ukraine war, are generating global economic instability and that scenario translates into stress and anxiety for millions of people.

Another reason for increased stress and anxiety in the population is the economy, it is added because if before the pandemic, one in five suffered from depression and anxiety, now the data shows that we are finding that they are one in three.

In this sense, it is considered that in these times of crisis there is a lack of basic knowledge of economics, where technology plays a fundamental role because the functionality of technological applications brings society closer to basic principles of personal economic management and financial culture.

The usability of the applications makes it possible to visualize, at any time of the day, the movements of the account and categorize them. But also, to ask the bank for forecasts of receipts, as well as functionalities to meet spending or savings goals.