Personal finance

Articles by Keyword
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?

Read more
Estate tax on US shares  | Finax.eu
8. April 2021

Estate tax on US shares

The US stock market is the most important market in the world, so it naturally attracts investors from all over the world. However, the US tax system has some special laws, which also affect the investments. Did you know that by investing directly in US shares, you run the risk of a high estate tax?

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
How did investments do in the first half of 2020 in Slovakia | Finax.eu
3. August 2020

How did investments do in the first half of 2020 in Slovakia

As is tradition, we are bringing you a comparison of results of Finax managed portfolios and popular mutual funds in times of economic recession caused by the COVID-19 pandemic. Which assets were profitable in the first half of the year? Were active managers able to react to the crisis and offer investors more than the markets themselves?

Read more