Storing your entire reserve in a current or savings account means your money loses purchasing power over time. Inflation causes you to buy less with the same amount a year from now. By investing your reserve, you protect it from devaluation. With Finax’s diversified portfolio, you have a chance for returns that long-term beat inflation. Unlike regular savings, investments appreciate through the effect of compound interest – “interest on interest” works for you. Moreover, with Finax, your money is available anytime, with no notice periods, so you maintain the flexibility you need for a reserve.

Setting up an emergency fund is a task postponed by many, mainly because they deem the target amount too high. But if you spread it between small regular deposits, it becomes more plausible. For example, if you wish for your emergency fund to be worth €3 000, you can reach the goal amount within 2-3 years assuming you invest €100 a month. Finax will furthermore show you, how far you are from the said target and how long is it going to take you to reach it at your current pace. There is no need to speculate - you set a target and our systems will take care of the rest. Even small monthly sums can become significant if you remain consistent.

Finax is designed to make investing as easy as possible. Once you set your goal, you don’t have to worry about anything else – investing happens automatically. You can set up monthly payments as a standing order, and we’ll take care of the rest. Besides convenience, Finax also offers significant tax advantages – thanks to the time test, ETF returns are tax-exempt after one year. You don’t have to keep complicated records; Finax will prepare your tax documents if needed. Additionally, the portfolio is regularly rebalanced to maintain optimal composition – all without your intervention. Thanks to these features, you save time, avoid stress, and invest efficiently and advantageously over the long term.