Your financial progress, step by step in the app<\/p>\n
Your financial coach will be visible from the global position page as soon as you log into the app. The first time you interact with it, it will run a diagnosis of three key aspects: your monthly saving capacity, the number of months\u2019 worth of financial cushion you\u2019ve built up, and whether your debt level can be considered broadly healthy.<\/p>\n
From there, you get to choose your goal: spend less, save for an unexpected event, or perhaps save up for something that motivates you. The coach then takes over to propose plans tailored to your spending and saving habits\u2014from recommendations on how to reduce \u2018invisible spending\u2019 (small, non-essential expenses that add up) to automating your monthly savings. You can also create sections within your account (think of them as a kind of digital piggy bank) where you can set automatic rules, such as a fixed monthly transfer or rounding up your purchases to save the \u2018spare change\u2019. That way, you\u2019ll be contributing regularly and automatically to whatever goal you\u2019ve set yourself.<\/p>\n
The whole experience is gamified: the tool not only tracks your progress, sends you useful reminders, and suggests actions to adjust your plan if you stray from your targets, but it also recognizes your good practices by awarding you badges that celebrate every step you take to keep you motivated.<\/p>\n
The financial coach is currently available to retail customers of BBVA Spain, though over the coming months the Group will roll it out in other countries where it operates. Because financial health isn\u2019t something you simply achieve overnight, though it\u2019s definitely easier when you have the right tools at hand.<\/p>\n","protected":false},"excerpt":{"rendered":"Your financial progress, step by step in the app Your financial coach will be visible from the global…\n","protected":false},"author":2,"featured_media":3518,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123],"tags":[148],"class_list":{"0":"post-3517","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bbva","8":"tag-bbva"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/3517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=3517"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/3517\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/3518"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=3517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=3517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=3517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}