Emergency fund – the first checkpoint on your savings journey
Unemployment, longer incapacity for work, pandemic, leaking roof, broken car or just unexpectedly high energy arrears. If you don’t want the problems that life brings to get out of hand and require you to take out unnecessary loans, you need to be prepared. The emergency fund serves exactly for this purpose. But how much should you “put aside”? Where should you keep the emergency fund? Is your current bank account sufficient or can you invest it?
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COVID-19 will put a strain on our family budgets - how to be prepared
At the point of a massive outbreak of COVID-19 in Europe, we were all focused primarily on our health and ways to effectively protect ourselves from the virus. The initial panic caused by the virus is slowly fading. However, there is yet another threat looming over the economy. How to be financially prepared for the upcoming months?
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2 tips for optimizing your family finances during the crisis
A good manager tries to benefit from every situation. While the last blog was dedicated to saving the family budget, this time we will try to help households emerge from the crisis with healthier and stronger outlook on family finances.
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How much money have you lost, because you decided to postpone investing?
When was the last time you said to yourself that you need to start investing but you could not take the first step? We calculated how much money did the postponement of investment cost you.
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Review of 2019 and Finax plans for 2020
Finax has had a very successful second year of existence. We have fulfilled our ambitious plans beyond expectations. However, we do not plan on slowing down in the future. What are our plans for 2020?
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5 New Year's wishes of your money
Hello, here we are, your money. Could you please stop for a moment and read what are our New Year's wishes? You've been coughing at us enough. We also want you to take care of us.
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Robo-advisor can help you at any time
A good financial advisor should be able to help you at any time. Therefore, we launched our online advisory, which also contains the current balance of your account.
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How Does the Intelligent Annuity Work?
Introducing the most anticipated Finax innovation of 2019! Our regular withdrawal plan lets you enjoy the fruits of your hard-earned savings over the years. Discover the process of opening a withdrawal account and setting it up correctly.
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