How Banks Made More Than Half a Trillion on Your Money in a Year
Would you lend someone 5 trillion euros basically for free? It doesn't sound like a great deal, does it? Yet, such mega-loans are a daily occurrence in Europe. Discover the story of how money sitting in bank accounts has made billions in profits for their owners, and what you can do if you think it’s a bit unfair.
Read moreHow Inflation Chips Away Your Bank Savings
Inflation reduces the purchasing power of your money over time, poses challenges in meeting basic needs, and potentially depletes your savings. The current interest rates offered by most banks are negligible. Fortunately, there are ways to mitigate the harmful effects of inflation. In this article, we'll explore how inflation affects your money and provide practical advice to help you stay ahead of rising costs.
Read moreDiscount ended: Invest at Half Price: 50% Off on September Deposits
This September, Finax is offering its clients a fantastic opportunity to grow their investments while saving on fees. If you deposit at least €1,000 into your Finax accounts during September, you can enjoy a 50% management fee discount on your September deposits over the next two years.
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