Beautybyfrieda

Life has become a lot more expensive in a short period of time. Groceries are more expensive, you were already not getting very happy at the pump and now even less and energy costs are historically high. Our energy supplier collapsed and you’re out of luck. Then you will be placed with another supplier and you will suddenly pay more than double. Because an electric car is driven, it was wise to have solar panels installed on the roof with these energy prices. Then comes the realization, money makes money. Because what if you don’t have a piggy bank to fill your roof with solar panels? Then you are at the mercy of the high amount that your energy company collects every month. Inflation in the Netherlands is sky-high, which is why a blog about 3 savings tips 2022.

3 savings tips 2022

In the corona time, many people have been able to save because a day out, eating out or on holiday was not possible for a while. Saving on your savings account does not bring you much now that the interest is 0.00%, but how do you save wisely?

1. Compare savings accounts and interest rates. Of course you want to save with the highest savings interest. When you compare these rates, it is important that you compare the correct rates. People often do not know exactly what the current savings interest is on their savings account, is this interest really so attractive at the moment? If you can miss your money for a longer period of time, a deposit might be something for you. Here you put your money away for a longer period of time, but there is a higher interest in return.
2. Create a savings plan. Calculate for yourself how much you want to save per year and what you need to save monthly to achieve this goal. You may get a profit distribution or a bonus every year. Together with your holiday pay, for example, you can include this in your annual savings plan.
3. Take a close look at your fixed costs. You’ve probably already done this now that everything has become so expensive. You want to continue to enjoy life as you were used to and not have to give up a beer or wine for this. Take a close look at your insurance policies, subscriptions (gym, telephone) and energy suppliers and see what you can still save on. These are often smaller amounts that you can save per month, but over a whole year it is still a nice bonus.

Before you start saving, it is wise to see which way of saving suits you best. For what purpose are you going to save, how long do you want to spend on your savings goal and when do you need your savings?

XO Frieda

This blog post contains products that I received.