Survey: Almost one in two hoards savings in a checking account
Almost 50% of Germans hoard their money in their checking account, forgoing returns while inflation hits with full force.
with Futures Trading
Almost 50% of Germans hoard their money in their checking account, forgoing returns while inflation hits with full force.
With Curve, credit cards and debit cards can be combined and save a lot of money.
Plutus and Hi.com offer attractive Visa and Mastercard payment cards, some with very rewarding bonus programs.
If you want to have a pension of 2,000 euros in old age, you have to work relatively long hours and earn a lot – in some cases it is even unattainable.
At Trade Republic and Scalable Capital, you now get up to 2.3% interest on your overnight money. However, the differences are much greater.
As a survey in 13 European countries in December showed, around 30% of Germans have no savings at all.
Buying fractional shares via a savings plan has some advantages, but also a few disadvantages. The latter is mainly the broker.
Keeping a freedom calendar can be a good motivator to work steadily on your passive income.
Although there are some decent interest rates on overnight and time deposit accounts again, you should not invest your nest egg completely.
If you save more, you can increase your savings rate. But at some point, any potential is exhausted and you have to pull other levers.