Save or lose? How your nest egg can become a risk!

Save or lose? How your nest egg can become a risk!

In a time when financial reserves are more important than ever, the emergency sig is a crucial protection. Financial experts recommend that this reserve are about two to three monthly salaries so that you can act quickly in an emergency. Nevertheless, they warn against hoarding too much money on so -called savings accounts, since inflation and sunken interest rates reduce the value of the savings over time. As the az-online.de is only up to 100,000 euros, which means that everything in one possible Bank incident could be lost.

not only the height of the emergency egg is crucial, but also where it is created. A call money account is a flexible and safe option, because it allows access to the funds at any time without having the risk of accidentally output them. The money remains up to 100,000 euros within the EU due to deposit protection. The possibility of achieving interest is another advantage that, for example, savings books also offer - but with the restrictions on the monthly withdrawals. The Sparkasse emphasizes that a budgeting planned in advance can help to effectively set up the reserve.

In addition, it is important to diversify your savings strategies. Seen in the long term, the repayment of loans can be avoided by a solid emergency egg, which in turn contributes to more stable financial management. Planning and flexibility are the key to being well prepared for everyday financial challenges.