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Saving Tips

The importance of saving

By saving up we prepare ourselves for future expenses - those we expect as well as those we don't. One way to safeguard your future is to put some money in an investment plan every month - time is a good friend and a key element for success.

Grant the plan a reasonable amount of time and you'll increase your odds of accomplishing your goals, which might mean a comfortable retirement pension, an education for your children, a contribution for when your children get married, or making your lifelong dreams come true.

And the sooner you begin to save, the sooner you can kick back and relax... so:

  • Set your goals now and start investing as soon as possible;
  • Put savings into your investment plan every month;
  • Monitor your investment portfolio with our assistance and spot changes you may need to make to your strategy;

You must realise that your goals will take some years to reach, so think in the long-term.


Savings Tips

To save it's important to:

  • Understand that the most important thing is not how much you make, but how much you spend; ;
  • Admit to yourself that you don't need to have a lot of money or have a substantial income to ensure you have a good future;
  • Identify the monthly value of expenses that were a "waste of money";
  • Come to the decision that we can live with a little less and start saving as of today;
  • Put your potential for capitalization  into practice and believe that by saving a little every day you can change your future.


How much can you save?

  • Start by making a record of your day-to-day expenses, writing down what you've bought, how much it cost and whether it was a "waste of money";
  • Make a note of the monthly value of your shopping that was a "waste of money";
  • Calculate your daily, monthly, annual and 10-year average "waste";
  • Ask yourself how much you would have earned if you'd invested your "waste" expense during 10, 20, 30, 40 years...

Why not save the equivalent of one hour of your daily income?


Starting at 20 vs. 40

Having some money set aside represents a commitment to organising your savings and drafting a personalised plan, which may entail opening a savings account, subscribing funds, certificates, ...

Look at the advantages of starting to save early on, by investing, for example, 75 € per month, under a diversified investment plan.

Result of saving / investing 75 € per month, with a 3% gross annual return rate (rate for illustrative purposes only)
Savings period
Susan saved from 20 to 65 Rita saved from 25 to 65 Joseph saved from 40 to 65
Result 85,951 € Result 69,897 € Result 33,798 €

Susan began saving when she was 20 and built a nest egg of roughly 86,000 €. Joseph began later, when he was 40, but even still accumulated 34,000 €.

The sooner you begin saving, the brighter your future. If you haven't started your investment plan, though, don't be put off - it's never too late to begin.

Select the products that best match your profile, keeping in mind that it's important to diversify your investment in order to reduce risk.

Here are some products which may form part of your portfolio:

02.002.4513 2011.11.29