Personal finance

Find out how to maximize the potential of your finances and what you should watch out for.
Car depreciation - expense that is often overlooked | Finax.eu
21. April 2021

Car depreciation - expense that is often overlooked

The decline in the value of a car due to its use or in other words depreciation, is the biggest expense associated with the car and is often overlooked. In this blog we will take a look at it. How does the car value decrease with its use?

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Book Review: The Millionaire Next Door | Finax.EN
12. January 2021

Book Review: The Millionaire Next Door

Have you ever thought about how the regular people become millionaires? The authors of the book The Millionaire Next Door, William D. Danko and Thomas J. Stanley, spent years analyzing the behavior of American millionaires. This book will show you the way to become a millionaire yourself.

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12 tips on how to save hundreds of Euros MONTHLY | Finax.EN
5. January 2021

12 tips on how to save hundreds of Euros MONTHLY

Let’s be honest, saving money is difficult. If you can’t make yourself start saving money, you are not alone. Majority of people live from paycheck to paycheck, and that’s not alright! Many of you could benefit from a list of simple steps that will help you increase your savings.

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10 DAILY habits that will help you save money | Finax.EN
10. December 2020

10 DAILY habits that will help you save money

As the saying goes, habit is the second nature. If we acquire bad financial habits, our „second nature“ will limit us financially. If we want to lead a better life, we need to change our habits. We bring you 10 simple daily habits. If you manage to adopt them in your daily life, in a couple of years you will have saved a solid amount of money.

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10 tips on how to reduce your WEEKLY expenses | Finax.EN
8. December 2020

10 tips on how to reduce your WEEKLY expenses

Saving money can be difficult. However, if we do it regularly, we can make it a habit and over time it can lead to significant wealth. The last blog was focused on the bigger, monthly expenses. Today, we will have a better look at the weekly expenses.

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Book review: Rich dad, poor dad | Finax.EN
25. November 2020

Book review: Rich dad, poor dad

This book made me look at money from a different perspective than I had known before. Everyone who is interested in managing their personal finances in a better way should read this book. It should be a part of your path to financial literacy.

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Book review: Your Money or Your Life | Finax.EN
17. August 2020

Book review: Your Money or Your Life

Financial Independence, Retire Early (FIRE) has become a goal of many people in recent years. The idea of early retirement and having free time certainly sounds better than living in a predetermined way: 40 years of work and surviving in retirement. Today, we will have a look at a genre classic from 1992 - Your Money or Your Life written by Vicki Robin and Joe Dominguez, which represents the beginning of the FIRE movement.

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Free audit of your investment and savings products | Finax.EN
19. July 2020

Free audit of your investment and savings products

Have you ever wondered whether you are investing correctly? Do you have any doubts regarding the profitability of your mutual funds, investment portfolios, unit linked insurance plan or you have no idea what fees you have to pay? Finax offers you a free review of investment products. We will compare the costs, historical returns and risks of your instruments with Finax's portfolios. Find out how you can get answers to the questions that come to your mind?

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