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Economy in the Family: payment cards, how they work

VIDEO – The FamilyMI project, created by the Global Thinking Foundation in collaboration with the Foundation for Financial Education and Savings, together with the Milan Polytechnic Foundation, was born from the need to offer support to the debate on financial evolution and the so-called " financial inclusion” to Millennial families

Economy in the Family: payment cards, how they work

Payment cards
The world of credit in small steps. Whoever is satisfied enjoys!

After opening a current account in the previous video, Daniele would like to have a credit card but the bank cannot satisfy his request. In fact, the protagonist of this example has just started working and for the moment he will have to settle for a debit card (or debit card), which does not allow Daniele to make purchases if he does not have the amount on his account or if the amount exceeds the limit imposed by the card. However, as explained in the Glossary with over 1200 exercises: Redooc, Daniel need not worry. In fact, growing professionally and being able to offer greater guarantees to the bank than he will be able to access, he too will be able to use a credit card.

https://youtu.be/hlKugPotAcU

FamilyMI offers an information path in an innovative and intuitive way. This journey begins with a online questionnaire on the main concepts of saving and conscious investment, consisting of seven tests, each dedicated to a topic: Current Account; Insurance; Bonds; Shares; Investment Funds, SICAVs and ETFs; You change; Certificates. The outcome of the single test is linked to videos/animations called Training Pills of different lengths and contents, to provide information on the basic concepts of economics and finance.

 

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