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.
Last April, the Euribor closed positive for the first time in more than six years and everything points to the fact that it will continue to rise in the immediate future. The reasons are clear: the increase in inflation and the almost certain rise in interest rates that the European Central Bank (ECB) will have to introduce in order to control these.
With the price of energy soaring, more and more people are wondering what they can do to save electricity. As in any aspect of life, there are many things you can do, but in the end just a few of them will account for most of the savings.
COVID-19, war, soaring inflation, energy uncertainty, goods transport problems… And in the background, market crashes, in many cases driven by panic.
Inflation is back and looks set to stay with us for a while. The CPI closed 2021 at 6.5% and forecasts suggest it will remain high until at least halfway through the year.
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:
Who hasn’t dreamed of winning the lottery some day? Unsurprisingly, this was exactly the slogan used in one of the Christmas Lottery campaigns. At the end of the day, the 400,000 euros of the El Gordo lottery can change your life for the good, provided that you know how to make use of this manna from heaven.
The most expensive gift, the finest seafood, the most tender leg of lamb, French champagne… Does all this fit in with your dream Christmas? Do you really need all of this for a five-star festive season? The truth is that no, you don’t.
Christmas is a time of expenses, yet December is also a time of additional income. The last month of the year is when most salaried people get their ‘extra’ pay, and may also get a bonus from their company. That’s a lot of money in one go at a time of year that invites unbridled consumerism.
Christmas lunches and dinners account for 25.4 percent of our Christmas budget, according to Deloitte’s Christmas Spending Survey 2021.
Consumption and Christmas often go hand-in-hand. It’s so easy to overspend at this time of year without realizing it. The truth is that you can have a five-star Christmas on a low budget if you know how to do it.
Spending more at Christmas is not synonymous with having a better time. The average Spaniard spends 631 euros at Christmas, according to the Deloitte 2021 Christmas Consumption Study, 14 percent more than in 2019.
You’ll never find true satisfaction in impulse shopping or surrounding yourself with unnecessary objects.
October is just round the corner, and summer is already beginning to be a memory. Did you know that this is the month of savings? Click here to continue reading.
You don’t think the same at 20 as you do at 40, nor should you do the same with your money. Your lifetime savings and investment goals are dynamic and should evolve over time.
When it comes to money, avoiding mistakes tends to pay off better than getting big hits.
These are the five most common errors when saving. Learn how to deal with them and you’ll be well on the way to achieving financial security.
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.