Legal expropriation through penalty interest and inflation

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The limit for penalty interest continues to fall: more and more banks are charging fees for larger assets. However, some financial institutions are now already demanding penalty interest from a balance of more than 5,000 euros. In addition, there is inflation or currency devaluation to an extent that can no longer be underestimated. Most of the customers who inquire with us come to us with the subject of penalty interest or custody fees. Almost everyone underestimates inflation, which causes much greater damage to our money. Inflation in Germany is higher than it has been in decades. The official inflation in
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Saving tips for everyday life: simply save more money

Before you start thinking about how to invest your money, you should first look at how you can improve your savings behavior. Especially in the current corona crisis, there are completely new opportunities to put some money aside, as you can only spend it to a limited extent. In the following article, we give a few tips on how you can save money in everyday life, which can then be invested sensibly in the second step. But let’s deal with the most important question first: why should you save at all? Saving money? As long as your salary is enough
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