Banco de Costa Rica (BCR) continues to promote financial education through its program “Finanzas en Acción.” The initiative aims to help clients and the general public develop better habits in their daily money management.
As part of the 50th anniversary of the Vicerrectoría de Administración at the University of Costa Rica (UCR), BCR participated in the Feria del Ahorro y las Finanzas held on Friday, October 28. During this event, BCR representatives shared several practical tips for improving personal finances.
The main advice provided included setting savings goals with clear amounts and timelines, creating a budget by prioritizing expenses using a traffic light system (green for essential spending, yellow for unforeseen costs, red for non-essential spending), and eliminating small recurring expenses known as “gastos hormiga.” Attendees were also encouraged to question purchases by asking themselves if an item is necessary or if it can be postponed or avoided altogether. Another recommendation was not to spend money that is not available.
BCR highlighted various tools designed to support savings habits. These include Automatic Savings, Electronic Envelopes, Investment Funds, and Certificates of Deposit (CDP).
“We continue contributing greater public value with social impact to our clients and the general public to help them form better habits in their daily relationship with money,” said a representative from BCR.
The participation in this fair reflects BCR’s ongoing commitment to promoting financial literacy among Costa Ricans.
