What Is Inflation
Inflation is a term that has been frequently mentioned in the news for the last few years. But do you know what causes inflation to accelerate or slow down and how to deal with it? In this blog, you will learn everything you need to know about inflation and how to protect yourself from its negative effects.
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How to Create Budgets with the Financial Coach?
Financial Coach is a new money-management tool in the Finax App whose purpose is to provide you with a better overview of your financial situation. This blog examines its two key functions: expense tracking and drawing up monthly budgets. Use it as a guide to better understand how to get the most out of them.
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How to Keep Your Head During Market Downturns When Everyone Around You Is Losing It?
I'm sure you know the feeling. The financial markets have started to decline, and you’ve invested in them. What you knew was an integral part of investing, but hadn't yet experienced yourself, suddenly happens – your portfolio abruptly starts losing value or declines by tens of percentage points. The media is full of catastrophic predictions, and social networks are buzzing with the desperation of speculators who didn't get out of the market in time. However, you may also be on the "other" side and, after months of hesitation, wondering if it is finally time to get in and start investing. But how to do it without getting burned?
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