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Showing posts from August, 2020

2020 is the year that changed everything.

As the COVID-19 effects continue to drag on, it seems that how the new normal will be is not something anyone can predict with certainty. Every time that things seem to be setting enough to at least try to have a look, things change enough as to make predictions hard to make. This time, the challenge is one that is faced globally. There is no country that has been speared, and we all have been affected by it in one way or another. The only thing that seems certain, is that every aspect of our lives has change in one or another. We are being forced to adapt, no matter if we like it or not. The Internet, and the technologies around it, have gained far more importance than ever before. Not only that, those who know how to use them, or have the chance to learn them, have an advantage over those who don't have either of them. Having access to them now is vital to be able to make out the most of the current situation or take the new opportunities as they present themselves. This gives a ...

Giving fintechs a chance.

I've been hunting for a credit card, and new savings account, for some time now. Until a couple of months ago, I didn't find anything that fit my needs or expectations. For the credit card, my income wasn't enough, the fees that they had were to high, or they were secured credit cards that required a high deposit. On the savings account side, the main problems were that they required so sort of minimum balance so no fee was paid, or a high initial deposit. Both are things that I don't like, since I don't have the money upfront, and I want access my money in case of an emergency without having to worry about maintaining a balance. Then a couple of Mexican fintech companies came along, and I decided to give their services a try. For the credit card, I decided to apply for the Stori(link in Spanish) classic credit card. The main reasons I decided to apply for it, where that isn't a secured credit card, it has no no annual fee, and that its backed by Mastercard . ...