Šimon Pekar

Articles by Author

18. November 2022

Stories about Finance for Our Little Ones

Finding learning opportunities for ourselves is possible almost anytime, but discussing finance with the little ones can be challenging. How to teach children the basics of responsible money management? We're suggesting a solution they'll surely love. After all, what do they enjoy more than stories at their age?

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Inflation in the Fridge: 15 Tips to Save on Groceries | Finax.eu
7. September 2022

Inflation in the Fridge: 15 Tips to Save on Groceries

The current inflationary tsunami has hit most basic goods, not bypassing groceries. Compared to the past, greater portions of our paychecks get literally eaten. We are bringing several tips to armor yourself on this front, saving tens of euros a month.

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17. August 2022

As a Property Ages, so Does Its Return

The option of simple and cheap mortgage financing raises the attractiveness of investment properties. The use of credit (leverage) increases the return on funds invested in the property. Advantageous mortgages are among the reasons why investments in "bricks" enjoy great popularity in Slovakia. However, the return on a leveraged investment property falls sharply as the principal of the loan decreases.

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Investment Properties‘ Best Years Are Over | Finax.eu
4. August 2022

Investment Properties‘ Best Years Are Over

The rise in residential property prices in recent years has elevated many Slovaks into the upper middle class. However, for long-term owners of investment flats or houses, questions about the future profitability of this investment arise. High property prices offer a unique opportunity to turn "bricks" into financial wealth that does not require care and brings higher returns. Sell the property and buy stocks at a double discount.

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Beating Inflation with a Raise – How to Ask for It? | Finax.eu
24. June 2022

Beating Inflation with a Raise – How to Ask for It?

When the term inflation gets mentioned in a discussion, most people visualize an immaterial thief. Prices are rising, incomes stagnating, and we can afford less. Is it necessarily true that inflation only takes and never gives? What can we do to maintain the purchasing power of our wages or pensions?

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Inflation Is not Turning. How to Surf Its Wave Successfully? | Finax.eu
3. June 2022

Inflation Is not Turning. How to Surf Its Wave Successfully?

After years of near-zero inflation, the prices of rent, fuel, chicken breasts, and antiperspirants are rising sharply. Some blame the state, while others consider transferring wealth to commodities. We are happy to introduce a series of blogs that will explain the origins of this situation and how to arrange for your budget to withstand it.

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Which Appliances Bite Off the Most Energy in Our Homes? | Finax.eu
4. May 2022

Which Appliances Bite Off the Most Energy in Our Homes?

Even in saving endeavors, some actions bear more fruit than others. That's why, in response to your feedback, we've compiled a list of the most energy-demanding household appliances. They deserve the most attention when trying to reduce your monthly utility bills. The article, therefore, contains tips and calculations on how to save money with each appliance.

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Gasoline Worth an Arm and a Leg. 10 Tips to Save on Fuel | Finax.eu
20. April 2022

Gasoline Worth an Arm and a Leg. 10 Tips to Save on Fuel

High inflation and the conflict in Ukraine have turned gas station visits into an unpleasant experience for our wallets. That's why we're bringing you the second part of our series on saving on everyday essential expenses. This time, we'll discuss a few tips on how to save tens of euros on fuel each month.

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