12 tips on how to save hundreds of Euros monthly
Let’s be honest, saving money is difficult. If you can’t make yourself start saving money, you are not alone. Majority of people live from paycheck to paycheck, and that’s not alright! Many of you could benefit from a list of simple steps that will help you increase your savings.
Read more10 tips on how to reduce your WEEKLY expenses
Saving money can be difficult. However, if we do it regularly, we can make it a habit and over time it can lead to significant wealth. The last blog was focused on the bigger, monthly expenses. Today, we will have a better look at the weekly expenses.
Read moreBook review: Rich dad, poor dad
This book made me look at money from a different perspective than I had known before. Everyone who is interested in managing their personal finances in a better way should read this book. It should be a part of your path to financial literacy.
Read moreBook review: Your Money or Your Life
Financial Independence, Retire Early (FIRE) has become a goal of many people in recent years. The idea of early retirement and having free time certainly sounds better than living in a predetermined way: 40 years of work and surviving in retirement. Today, we will have a look at a genre classic from 1992 - Your Money or Your Life written by Vicki Robin and Joe Dominguez, which represents the beginning of the FIRE movement.
Read moreFree audit of your investment and savings products
Have you ever wondered whether you are investing correctly? Do you have any doubts regarding the profitability of your mutual funds, investment portfolios, unit linked insurance plan or you have no idea what fees you have to pay? Finax offers you a free review of investment products. We will compare the costs, historical returns and risks of your instruments with Finax's portfolios. Find out how you can get answers to the questions that come to your mind?
Read moreFinancing a real estate purchase
In recent years, the National Bank of Slovakia has taken several measures in order to mitigate the risks associated with the rapid growth of Slovak household indebtedness. Easily available 100% mortgages are a thing of the past. If you want to live on your own today, in addition to rising real estate prices, you also have to deal with several banks’ requirements.
Read moreFinancial minimalism
Minimalism is often mistaken for a “lack of stuff”. But in fact, it means the exact opposite – having enough of everything we need for a truly happy life. And we definitely don’t need to spend a ton of money on that.
Read moreBook review: Playing with Fire
The book that transformed my perspective of personal finance. It stood at the conception of my attitude towards financial independence. A great book that forces you to think about your values in the context of your finances.
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