Personal finance

Find out how to maximize the potential of your finances and what you should watch out for.

How to Create a Long-Term Financial Plan | Finax.eu
23. September 2022

How to Create a Long-Term Financial Plan

Have you read our previous blogs and agreed that the state should not be relied upon when it comes to our financial future and that most investment options in the CEE region have major, potentially dangerous shortcomings? Then Finax is the right choice for you – it's time to research what style of investing suits you the best.

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How to Handle Your Money Wisely According to Netflix? | Finax.eu
16. September 2022

How to Handle Your Money Wisely According to Netflix?

The current economic environment in much of the western world combines elements of a "perfect storm" - rising interest rates, soaring energy and heat prices, and damaged supply chains formed a confluence of factors unseen for decades. All of this will impact not only the economies of states and governments but mainly the financial health of everyone - individuals and families alike.

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Inflation in the Fridge: 15 Tips to Save on Groceries | Finax.eu
7. September 2022

Inflation in the Fridge: 15 Tips to Save on Groceries

The current inflationary tsunami has hit most basic goods, not bypassing groceries. Compared to the past, greater portions of our paychecks get literally eaten. We are bringing several tips to armor yourself on this front, saving tens of euros a month.

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Beating Inflation with a Raise – How to Ask for It? | Finax.eu
24. June 2022

Beating Inflation with a Raise – How to Ask for It?

When the term inflation gets mentioned in a discussion, most people visualize an immaterial thief. Prices are rising, incomes stagnating, and we can afford less. Is it necessarily true that inflation only takes and never gives? What can we do to maintain the purchasing power of our wages or pensions?

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Student Budget – How to Set It Correctly? | Finax.eu
8. June 2022

Student Budget – How to Set It Correctly?

Inflation also burdens students this year. The annual rate rose to 11.8% in April 2022, becoming Slovakia’s highest inflation rate in 17 years. Prices of food, petrol, utilities, and accommodation have risen, potentially troubling students in particular, as many of them already have a limited budget for regular expenses.

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Hrbatý: Read Why My Parents Aren’t Panicking Despite the Market Declines | Finax.eu
18. May 2022

Hrbatý: Read Why My Parents Aren’t Panicking Despite the Market Declines

In recent months, the markets have prepared quite a wild ride for us again. One fact struck me as surprising, given how deep the markets fell. My parents haven’t contacted me with concerns about their investments in Finax yet. They are calm. Why is that?

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6 reasons why all women should invest | Finax.eu
13. May 2022

6 reasons why all women should invest

There is a saying in the financial world stating that women save, and men invest. I wish we could dismiss this as not being valid anymore, but the opposite is true. Even today, women who have money to spare tend to put it aside instead of trying to appreciate it.

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Which Appliances Bite Off the Most Energy in Our Homes? | Finax.eu
4. May 2022

Which Appliances Bite Off the Most Energy in Our Homes?

Even in saving endeavors, some actions bear more fruit than others. That's why, in response to your feedback, we've compiled a list of the most energy-demanding household appliances. They deserve the most attention when trying to reduce your monthly utility bills. The article, therefore, contains tips and calculations on how to save money with each appliance.

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