Personal finance

Find out how to maximize the potential of your finances and what you should watch out for.
During the pandemic we spent less and invested more | Finax.eu
17. September 2021

During the pandemic we spent less and invested more

According to the research of Finax and Prof. Krzysztof Waliszewski, during the pandemic 32,5% of respondents from Central European countries noted an increase in incomes and a half did not notice any significant changes in their financial situation. Therefore, the conclusions of the study are not surprising: you spend much less and invest more. Cool!

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Stop living paycheck to paycheck | Finax.eu
7. June 2021

Stop living paycheck to paycheck

The week before payday is the longest week of the month for many people. Are you also counting days until the payday so you can finally go on a shopping spree? Today I will show you a way out of this vicious circle of waiting for paycheck and consumption.

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Plug your ears and watch out for Scylla and Charybdis! | Finax.eu
7. June 2021

Plug your ears and watch out for Scylla and Charybdis!

Odysseus faced many pitfalls when returning from Troy. One of them was a strait with the monsters Scylla and Charybdis. The challenges that the mythological hero faced illustrate the temptations that accompany the investor and his investment strategy on his journey towards the investment goal.

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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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