A new savings approach
BBVA has made a difference again in the world of personal finance, presenting an innovative council that resonates with millions of Spaniards. Beyond offering conventional banking products, the bank seeks to transform the mentality of its customers to automated savings.
Understand the bias of the present
One of the most important barriers to savings is what experts call ‘bias of the present’. This human tendency leads us to prioritize immediate rewards, often at the expense of our future financial well -being. BBVA acknowledges that this dynamic can be a significant obstacle, preventing many from achieving their economic goals.
The cost of instant gratification
The search for immediate satisfaction may be detrimental. A small whim today can mean renouncing important goals in the future, generating frustration over time. BBVA advocates a solution to avoid this common scenario.
Automated Savings: An effective solution
BBVA’s response to this dilemma is clear: automate savings. By simple adjusting to our finances, it is possible to automatically transfer a certain amount to a savings account each time we receive income. In this way, a financial pillow can be created effortlessly, which will provide long -term tranquility.
How to implement it?
To do this, BBVA recommends using the automation tools available on their application. Users can define how often and how often they want to save, thus facilitating the process and eliminating the temptation to spend before reserving the money.
Clear goals for effective savings
Another key board offered by BBVA is the importance of defining goals of savings. It can be a trip, a home renovation, a new vehicle or just an emergency fund. Identifying and appointing these goals can strengthen motivation and facilitate savings.
BBVA’s commitment to financial education
BBVA not only offers practical solutions, but also promotes financial education among its customers. Its vision is to accompany users on their trip to economic security, providing resources and tools that facilitate the understanding of the financial world.
With the support of studies and testimonies of satisfied customers, the Bank reaffirms its commitment to the continuous improvement of the client’s experience. His dedication is palpable and perceived in each interaction.
