Money Management and Financial Tools | Paybook Blog

Do you know what bank fees you’re paying?

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Bank fees are the charges through which banks make a profit, and usually derive from opening or managing accounts. Whether a one-time charge or a monthly one, these are the fees that might come in fine print with your current account.

Small expenses are eating away your money

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The millionaire we all have inside is normally not the same as when we see our account balance. Falling for splurges like changing phones every year, buying an expensive coffee every other day and even an occasional Uber or taxi ride when you’re running late is what’s getting in the way of a wealthier you.…

Automatic PayBooks: how your transactions are categorized inside Glass

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Going through your bank statements trying to figure out your bank’s abbreviations for your transactions and doing your best to remember exactly what you bought can make your monthly  payments very stressful. If on top of that you have more than one account, the situation turns more complicated, and the idea of keeping track of…

Forgot your wallet?! It won’t matter if you have your smartphone and NFC technology

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Seems like the era of “I forgot my wallet” is coming to an end, as your current smartphone now competes face-to-face with credit cards and cash payments. That’s right, currently there’s more than a handful of financial institutions that have started implementing NFC technology in their apps to be able to use our cellphones as…

Why is Mexico also using Bitcoin?

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There are 182 circulating currencies in the world. These are recognized by the International Organization for Standardization which is the one in charge of assigning a specific code to each one (as is the case of MXN for the Mexican peso). But, as many know, there’s a virtual currency that’s very different from others. Though…

Glass: Steering social finances into financial transparency

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  We are living a Fintech revolution, an era of new possibilities. Everyday there’s more access to a variety of products that used to be exclusive of financial institutions: loans, investments, financial management tools. Products are becoming available to us; products like Glass, whose purpose is to rewrite the rules social finances. Glass allows users…

What are personal finances and how to stop fearing them?

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A recent study found that 66% of people named money, to some capacity, as the thing that most scared them; more than crime, snakes, spiders, and even death! And yes, even if sometimes we wish we thought the contrary, personal finances don’t come in the shape of a witch to take away your money, they’re…

How does your personality affect your purchasing decisions?

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Consumption in the modern era represents a lot for the big corporations because, even when some think that they follow no pattern when they spend, each one of us make purchases according to certain variables that depend on very specific factors. It may seem obvious (a man won’t evidently consume the same as a woman)…

Brand loyalty  is more expensive than you think

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Everything in excess is bad news, especially when it comes to money and the spending thereof. There are many addictions, but one of the most financially destructive is addiction to brands. People may be addicted to gambling, drugs, or even another person, but today there are certain behaviors in society that are either caused by…

Your personal goals are tied to your finances, don’t ignore them

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Let’s be completely honest: what’s the point in saving? Why spend less today if you’re not expecting a benefit tomorrow? The real question we should ask ourselves to start saving is: what do I really want to do with my life and what are my personal goals? The reason why it’s necessary to sit and…