In Mexico there is still a low level of financial literacy, and the proof is that 30 percent of people who have some type of financial product known use, revealed the National Commission for the Protection and Defense of Users Financial Services (Conduce).
In conference, the president of the Conduce, Luis Pezos de la Tore, said that one of the main causes of this problem is that the progress of the banking has not gone hand in hand with financial literacy.
This financial literacy should ensure the correct use of products and services offered by the country’s financial system, he added.
He said that in recent years, the process of financial inclusion in Mexico has allowed the adult population; about 60 percent use at least one type of formal financial services.
However, he stressed, to ensure that this becomes a real advantage for people and not a risk, should be accompanied by financial education.
In fact, said the National Housing Survey on the Use of Financial Services 2009, released by the Ministry of Finance and Public Credit, reveals that one in every two Mexicans who use financial services, support to “know and understand little about the subject”.
So, today announced that from 4 to October 10 will be held the National Financial Literacy Week 2010 (SNEF 2010), an initiative coordinated by Conduce, part of the efforts of the Ministry of Finance on financial education.
He stressed that the overall objective is to disseminate information and tools to enable people to manage, enhance and protect their wealth at different stages of life.
He noted that workshops are being undertaken to distribute material with practical advice on topics such as: Know your statement in your credit card, watch your spending ant, Tips on buying a house.
And, know you’re Afore, Savings Formal, 10 steps to a healthy family economy, 10 financial mistakes that affect your pocket, among others.
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