Where Can I Get the Highest Pension? Is the European Pension, 3rd Pillar, or Intelligent Investing the Best?
The European Pension is a fresh competition to the Slovak 3rd pillar. It represents a cheaper and more efficient solution. On the other hand, it lacks state support. Which of the parameters prevails, leading to a higher pension? Which is the best option for retirement savings, the European pension or the 3rd pillar? We have done the calculations for you.
Read moreEuropean Pension, 3rd Pillar, or Finax – Where to Save for Retirement?
Many of you have noticed that Finax introduced a new product, the European pension (PEPP) into its offering. Logical questions arise: Is this product more beneficial than the 3rd pillar when saving for retirement? Which product should you choose? Below is a comparison of the basic parameters of the European Pension and 3rd pillar.
Read more10 Tips for Reducing Electricity Costs Without Large Investments
The following tips can help you save tens to hundreds of euros a year on your electricity bills with little or no investment.
Read moreHow to Create a Long-Term Financial Plan
Have you read our previous blogs and agreed that the state should not be relied upon when it comes to our financial future and that most investment options in the CEE region have major, potentially dangerous shortcomings? Then Finax is the right choice for you – it's time to research what style of investing suits you the best.
Read moreHow to Handle Your Money Wisely According to Netflix?
The current economic environment in much of the western world combines elements of a "perfect storm" - rising interest rates, soaring energy and heat prices, and damaged supply chains formed a confluence of factors unseen for decades. All of this will impact not only the economies of states and governments but mainly the financial health of everyone - individuals and families alike.
Read moreInflation 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.
Read moreBeating 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?
Read moreHrbatý: Read Why My Parents Aren’t Panicking Despite the Market Declines
In recent months, the markets have prepared quite a wild ride for us again. One fact struck me as surprising, given how deep the markets fell. My parents haven’t contacted me with concerns about their investments in Finax yet. They are calm. Why is that?
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