Despite rising interest rates: patience is the order of the day
Although there are some decent interest rates on overnight and time deposit accounts again, you should not invest your nest egg completely.
Tag: rate
The savings rate is not everything
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.
Building an interest staircase pays off
Those who build up an interest rate ladder can benefit from higher interest rates without sacrificing flexibility.
Inflation is often glossed over too much
Only by changing our time preference and saving can we make our lives more relaxed. However, inflation destroys both.
Saving: High earners do not necessarily have it easier
Those who earn more can save more in absolute terms, but usually also have higher fixed costs that they have to cover later.
What impact inflation has
The inflation rate in Germany is at a record high. You can read about the effects of this on long-term investments here.