Savings and investment tips to help you achieve your life goals

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01.Jun.2022

Many families reach the end of the month with an empty checking account and see, once again, how those dreams that for a moment had seemed possible to achieve are slipping away: goodbye to this summer's trip, goodbye to those future plans in which they received a high return on their investments and goodbye, also, to the peace of mind that comes from having a small fund to deal with unforeseen events.

Having healthy finances, adjusting your expenses to your income and, above all, having saving habits will allow you to gradually generate a fund so that, in the near or distant future, you can make your dreams come true.

We want to help you organize your finances and, taking into account your realistic possibilities, make savings and investment decisions that can transform your future.

Savings

You have already made the decision to save: you want to save part of your income each month. Your goal is to have the possibility, in the short or long term, to indulge in a whim and you also think it is important to have a cushion to fall back on in case of unforeseen events. But where do you start? At this point, the essential thing is to put your determination into practice and plan your next steps well. Here are some tips to help you save without making a big effort and gradually fill up your piggy bank.

How to build your financial cushion

The first step toward financial peace of mind is making sure that you can cope with unexpected expenses without disrupting your overall financial plan. It all starts with your emergency fund.

Ten tips to to help instil saving as a lifelong habit

Saving is a matter of adopting good habits. Make them part of your life so you never stop doing it. Listed below are some of the most important tips to help you save every month.

Four savings challenges to help you get started

Savings challenges are the stimulus that many people who are not able to get into the habit of saving need to help them overcome their fear or just get going.

The Latte Factor shows us how small daily expenses you don't notice do matter in the long run.

Do you know what the Latte Factor is and how it can help you with your personal finances?

The Latte Factor demonstrates how small daily expenses that you don’t think about actually do matter in the long run. The example here is how much a person spends if they buy a cup of coffee every day.

Saving mistakes that you can correct today

When it comes to money, avoiding mistakes tends to pay off better than big successes. We will tell you are the five most common errors when saving.

Choose what you want to spend your money on - choose happiness

Spending to be happy

When you indulge in impulse buying, you may be filling an emotional void but you’re not investing in your happiness. Learning how to consume: wanting is not the same as needing.

Investment

If you have already saved up some money or have it available and you want to make a profit on it, even if that means not being able to use it for a certain period of time, you must choose how, when and what to invest it in.

There are many investment products, such as bonds, promissory notes, shares, etc. that we can buy directly or indirectly through investment funds. To choose the most suitable for you you must know your investor profile, have a realistic view of your finances, and define a clear financial objective in the short, medium and long term.

We help you to learn the basics so that you can invest wisely.

Why you should start investing ASAP

When should you start investing? As soon as you can, with your first wage payment if possible. Time is your best ally when planning your retirement.

Financial goals at every stage of your life

You don’t think the same at 20 as you do at 40, and that translates into decisions about what to do with your money. Your lifetime savings and investment goals are dynamic and should evolve over time.

Socially Responsible Investments

SRIs ensure that your money will be invested in companies and projects that are ethically committed and meet ESG (environmental, social and governance) criteria.

Cognitive biases that condition what you buy and how you invest

What are cognitive biases? Cognitive biases are mental shortcuts in our brain when we receive and process information so that we can make a decision and act accordingly. They are like automatic brain responses based on years of evolution designed to help us act...

How to make the most of your cash

And the fact is that, with high inflation rates, your emergency fund savings lose their value month by month. In other words, this money is worth less over time as the cost of living rises. Is there anything that can be done? To begin with, do not lose sight of the...

What should you do with your savings in a recession?

However, the actual fall in the Eurozone was 0.1% in both the last quarter of 2022 and the first quarter of 2023, closer to zero growth than to a sharp economic contraction. In Spain, the GDP has not fallen since the first quarter of 2022, but the fact that the German...

The power of automating your finances and certain habits

It's like a vicious circle that prevents you from moving forward. The reason for this is very simple: they are processes that depend on your willpower. Even when you build the right habits, it's easy to have slip-ups that undermine your confidence and make you feel...

Should you sell your investments to pay off your debts?

The truth is that there is no one-size-fits-all answer. The most appropriate solution will depend on both the type of debt and your investment profile, which will determine to a certain extent the returns you can achieve with your investments. Safe profit vs....

Why is everyone talking about Treasury Bills?

The reason for this Treasury Bill frenzy involves a combination of factors. On the one hand is the rise in interest rates by the European Central Bank (ECB) to combat inflation, which caused the yield on public debt to rise to levels that became attractive to savers....