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Personal finance

How Banks Made More Than Half a Trillion on Your Money in a Year

Would you lend someone 5 trillion euros basically for free? It doesn't sound like a great deal, does it? Yet, such mega-loans are a daily occurrence i...

Personal finance

How Inflation Chips Away Your Bank Savings

Inflation reduces the purchasing power of your money over time, poses challenges in meeting basic needs, and potentially depletes your savings. The cu...

News

Discount ended: Invest at Half Price: 50% Off on September Deposits

This September, Finax is offering its clients a fantastic opportunity to grow their investments while saving on fees. If you deposit at least €1,000 i...

Investment academy

How I Teach My Kids to Be Entrepreneurs

In the spring of 2011, I planted a cherry tree in the backyard of my freshly built home, since it bears my favorite fruit, cherries. In June of the sa...

Investment academy

What Is Inflation

Inflation is a term that has been frequently mentioned in the news for the last few years. But do you know what causes inflation to accelerate or slow...

Personal finance

How to Create Budgets with the Financial Coach?

Financial Coach is a new money-management tool in the Finax App whose purpose is to provide you with a better overview of your financial situation. Th...

Personal finance

Women, let's invest!

Finance, capital markets, investments. These topics, not long ago, were unfairly attributed exclusively to men. Today, we will show you why this stere...

Personal finance

Can investing cause me to lose everything?

Investment brokers often tell us that investing is associated with risk. However, very little is done to explain what is exactly meant by this, and ho...