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Why is it important nowadays to maintain a rapidly available financial reserve?
16/03 2022 Lukáš Hubinger Copy URLShare

Why is it important nowadays to maintain a rapidly available financial reserve?

We read all the time how the money in our current accounts is being devalued by inflation and therefore we need to invest the money wisely.

Both are true, but we must not forget that at the same time it is necessary to maintain a sufficient financial reserve. In general, we recommend that clients keep between 3 and 6 times their monthly expenses in a savings account. Calculate your necessary expenses (housing, energy, food, children, payments, utilities, etc.).

The safest way to do this is to put three times your expenses in a savings account and then put the other three times somewhere where you can have the money available within a week and still get at least some appreciation. We are very good at helping you with this.

Take care of your money and have us develop a financial plan for you. We'll be happy to tell you how it works and how to use it during a free consultation. Don't wait, money never sleeps.
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