How does FEBRABAN's Meu Bolso em Dia platform work?

In 2020 the FEBRABAN, Brazilian Federation of Banks, created the Meu Bolso em Dia platform. A free initiative created with the objective of promoting financial education among the Brazilian population.

But do you know how it works and how it can be used? That's what we're going to learn today. Stay with us in the article:

What is FEBRABAN's Meu Bolso em Dia platform?

The Meu Bolso em Dia platform from FEBRABAN, the Brazilian Federation of Banks, is a non-profit association created to assist in the economic, social and sustainable development of Brazil.

It is a program that was launched between 2019 and 2020, initially focusing on planning tools and expense control. 

Over time, the platform expanded, including educational content, personalized tips for your situation and simulations.

In 2021, the I-SFB, Financial Health Index, will be launched, allowing users of the Meu Bolso em Dia platform to discover and assess their financial health.

The following year, 2022, the FEBRABAN platform was integrated with the Central Bank, allowing users to access more complete information related to financial products and services.

Finally, in 2023, the platform launched another program: the Learning Journey, a personalized program that aims to help with knowledge about the financial market.

Today, 4 years after the launch of the Meu Bolso em Dia platform, it has 10 million registered users and has already helped thousands of people by providing assistance and knowledge.

Who can use it?

The platform is free and can be used by anyone. It is aimed at the entire Brazilian population and is accessible to everyone, regardless of their level of knowledge, income or degree level.

But if you find yourself in a situation of financial difficulty, you can use all the tools and knowledge to organize your finances and even organize your debts, with the aim of paying them off.

It's also great for young people, as it has financial education content made especially for young people and teenagers.

Why was the platform created?

In Brazil, there are many people in debt, and this can be represented by the data collected in the National Survey of Consumer Debt and Default (PEIC), in 2023.

According to this research conducted by the Central Bank, 77.21% of Brazilian families are or were in debt. And this occurs due to the lack of financial education during our adolescence and even during adulthood.

When we turn 18, we are introduced to the world in a more adult way, without any kind of basis on what financial education is and how we should control our expenses, make plans, etc.

Therefore, FEBRABAN created the Meu Bolso em Dia platform, with the aim of providing Brazilians with everything from basic to advanced financial education, as well as a comprehensive, free and easy-to-access tool.

How does FEBRABAN's Meu Bolso em Dia platform work?

To use the platform, you must access the Meu Bolso em Dia website, or download the application from the Google Play Store or the Apple Store.

Using your CPF you can create an account that can be accessed by password, and you will immediately be able to use the tools and content to learn or organize yourself.

Within the platform, it is possible to use its various features that will allow users to make better financial decisions, have more control over their finances and ensure greater autonomy and empowerment.

FEBRABAN's Meu Bolso em Dia platform features

By accessing the website you will be able to access the tool financial planning, which allows the creation of personalized budgets according to your needs and reality.

With it you can set goals, track your spending and understand how to make smart decisions by evaluating your financial habits and changing strategies.

The application offers ways to control your expenses, categorizing all your expenses, identifying the points where more savings can be made and the flow of your account.

Through integration with the Central Bank, users can do balance and statement inquiries bank accounts, in addition to carrying out financing and investment simulations.

We cannot fail to comment on the educational content, which are found in abundance within the platform. In addition to the blog packed with information, they have articles, videos and courses.

Courses are held on a wide range of subjects, such as financial education, financial planning, investments and others.

By completing your profile on the platform you will also have access to personalized tips with your financial habits and lifestyle, this way you can adapt and start to re-educate yourself in these areas.

Another very valuable tool is the product comparison, when you are going to make a purchase you need to do complete research on prices, quality and cost-benefit, especially for those who need to cut costs.

The comparison can be made between different financial products, such as credit cards, health plans, types of investments and insurance, it is perfect for those who want to choose the best in terms of quality and economy.

We also mention the creation of the Learning journey, and it also counts as an important tool on the platform. It is a learning path with content and missions that will improve your financial education.

And of course, within the site you will find the I-SFB, Financial Health Index, to carry out an individual diagnosis of your financial health, where you can receive tips to improve your score in the index and consequently in your credit score as well.

Knowing what all the features are, you can explore them and learn more through educational content.

Use the free platform to start your progress in financial organization, and set realistic and achievable goals, which is very important in your process.

Now that you know more about FEBRABAN's Meu Bolso em Dia platform, you can carry out planning, assessments, simulations and much more for your personal financial life, your company, to deal with debts and much more.