Focus week Money: How to secure your finances for the future!

Focus week Money: How to secure your finances for the future!

From January 27th to 31, 2025, the consumer advice centers organize the focus week of money, which deals with various aspects of financial planning and investment. The aim is to convey free expert knowledge to the participants. The event takes place online so that interested parties can easily participate from home. Registration is required.

The topics of the lectures are diverse and range from private pension provision to the peasant from real estate to sustainable investment options. Further content include the basics for occupational disability insurance and the distinction between important and unnecessary insurance. The functionality of ETFs is also treated, including a step-by-step instructions for sale. In addition, there is an overview of your own finances to identify cost wasters and to show savings for each budget. Further information and the possibility of registration can be found on the website of the consumer advice centers at www.verzuscherzentrale.de/fokuswoche-geld href = "https://www.aBg-net.de/aktuelles/inhalt/2025/01/fokuswoche-geld-expertenwissen-fuer-dinanzen"> Abg net reported.

ETFs and cost comparison in focus

The consumer advice center has also provided information on inexpensive forms of investment. According to their investigation, ETFs on MSCI World or FTSE All World are often cheaper than many other investments. In the cost comparison, pension and life insurance with high final and administrative expenses. For example, the costs for pension and life insurance are up to 7.9% of the contribution amount of final expenses and up to 2.3% annually for administrative expenses.

In contrast, ETFs only have an order commission of 1.5% of the savings contributions and 0.2% of capital annually. Other forms of investment such as stock investment funds and asset management bring higher costs, whereby fund policies often have high costs that do not compensate for the tax benefits. Individual risk strategies and an appropriate distribution of assets are also central aspects, whereby the rule of thumb to the share of stocks based on maximum manageable loss serves as a pragmatic guideline. For more detailed insights into the investment and retirement provision, interested parties can offer the offers of the consumer center at https://www.verzusverzentrale.de/wissen/geld-versicherungen/sparen-und-bengeling/geldlanst-und-altersvorsorge-so-gemen-sie-erspartes-am-besten-an--an--an--an--an--an-an-an-an-an-an-an see how it is explained in a further notification of the consumer center.

-transmitted by West-Ost-Medien