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Having a financial reserve gives us confidence and protects us from unexpected situations such as job loss, medical expenses or sudden financial obligations. This reserve provides us with financial flexibility and helps us avoid stress during unexpected situations.
Confidence in having sufficient financial resources to cover unexpected expenses gives us confidence that we can solve problems without experiencing financial stress.
Having a financial reserve allows us to avoid applying for loans and debts during periods of crisis.
Thanks to the financial reserve, we gain freedom of action and the ability to make flexible financial decisions. This allows us to concentrate on achieving our goals without worrying about financial problems.
A financial reserve serves as a basis for saving for retirement and ensures your financial well-being throughout your life.
Building a financial reserve requires careful planning and discipline. Here are some recommendations we can offer:
Determine the amount you need to save to create a sufficient level of financial security. This typically amounts to three to six months' worth of expenses.
Analyze your monthly expenses and determine how much you can save each month to create a financial safety net.
Invest your money in safe and stable instruments such as savings accounts, bonds or market growth funds.