Student Budget – How to Set It Correctly?
Inflation continues to burden students this year as well. The annual inflation rate in Slovakia fell to 6.9% in November 2023, still being one of the highest rates of inflation among EU countries. Prices of food, petrol, utilities, and accommodation have risen. Students can be particularly vulnerable to such price increases, as many of them already have a limited budget for regular expenses.
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The largest bond correction in history is good news for the future
The labyrinthine world of bonds can be confusing for those who are not familiar with its functioning, but it offers important insights into the wider financial system. Over the past few years, bond yields have been on a truly tumultuous journey, with huge swings that have left even seasoned investors scratching their heads. This article sheds light on the wild story of bond yields in recent years.
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10 Daily habits that will help you save money
As the saying goes, habit is the second nature. If we acquire bad financial habits, our „second nature“ will limit us financially. If we want to lead a better life, we need to change our habits. We bring you 10 simple daily habits. If you manage to adopt them in your daily life, in a couple of years you will have saved a solid amount of money.
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When Will the Interest on My Savings Account Increase?
Europeans are said to be more likely to walk away from their marriage than from their bank. Based on real statistics on the average length of marital and banking relationships, this is indeed true. In today's blog, we'll explain how this phrase relates to the fact that you're still getting low interest on your savings account.
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Navigating the Changing Financial Landscape: The End of Easy Money
In the realm of finance, few things have been as influential in recent years as the era of easy money. Characterized by historically low interest rates and ample liquidity, this period has left a lasting mark on financial markets worldwide. However, as we enter a new phase in the global economy, it's becoming increasingly evident that the era of easy money is coming to an end. In this blog, we will delve into the concept of easy money, explore what has changed in recent times, dissect its effects on financial markets, particularly equity and bond markets, and discuss the long-term implications of this shift. Finally, we will provide insights on how to adapt to this new financial reality.
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The Secret of Financial Security: Creating an Emergency Fund
A financial reserve, also known as an emergency fund, is a savings account that we set aside for unexpected expenses. It's a key part of a sound financial plan and can give you the peace of mind that comes with financial preparedness. In this blog, we'll explore the importance of a financial emergency fund and provide tips on how to build one.
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Are you in debt? You don’t have much time left
Slovaks apparently like living on debt. However, the era of cheap money is definitely over.
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Last Year, It Paid to Switch From Real Estate to Equities
So a year ago, we pointed out that investment property probably had its best years behind it. They offered such a unique opportunity to sell and flip assets into beaten-up equities. With a year's hindsight, we can say with a clear conscience that real estate has slipped into the lows, while stocks have begun to recover sharply.
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