Why not everyone will build a large fortune
Despite the steps being relatively simple, not everyone will succeed in building up a larger fortune. The reasons for this are complex.
Tag: Savings
Growing custody account: the savings rate is becoming less important
At the beginning, the savings rate has a considerable influence on the deposit volume. This effect diminishes over the years as compound interest takes over.
New cashback cards and promotions
With the new Amazon credit card, as well as the cards from Payzy or Sumup, you can once again earn a lot of cashback.
Those who use credit cards cleverly can benefit
If you use credit cards cleverly, you won’t end up in the debt trap, but can make a tidy profit. We show you the tricks.
Until the end of June: save >10% when shopping online with Mastercard
Mastercard holders can receive up to 10% cashback on online purchases until the end of June and thus save a lot.
Salary increase or mini-job: increase your own savings rate
A mini-job can significantly increase your income. If you had to add this as a full-time employer, you would have to pay high taxes.
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.