Family Economy: the costs of a current account

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 the families of Millennials (born between 1980 and 2000). By offering an explanatory and exhaustive means of rearranging the concepts that make up today's finance, we intend to include subjects who are unable to independently access the most common financial perspectives, in terms of services and facilities normally dedicated to risk groups, especially families of the Millennials.

The costs of a current account: the important thing is to get to know the current account. Without a start you go nowhere! (second part)

Developing one's financial knowledge means recognizing details and possible critical issues better and better. Daniele, the protagonist of this video, has just graduated and on his first job decides to open his own current account (cc). However, he discovers that current accounts have fixed costs (monthly fees) and variable costs (to be incurred for each operation carried out), as explained in our Glossary with over 1200 exercises: Redooc. Only after reflecting at length on the relationship between costs and benefits, Daniele chooses the right product for him, i.e. a current account with subsidized costs for Under30s and for those who frequently use online. Now you're ready to outdo yourself with the Videos You've Watched Questionnaire, click on: FamilyMI Questionnaire/Skills

https://youtu.be/F-Kx-2cfJYg

FamilyMI offers an information path in an innovative and intuitive way. This process begins with an online questionnaire on the main concepts of conscious savings and 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 engaging and interactive information on the basic concepts of economics and finance: Global Thinking Foundation.

Don't miss the previous episodes of FamilyMI.