Lay a sound foundation for your family finances!
Planning family finances is extremely important if we want to save ourselves a lot of stress from unexpected expenses in the long run. Healthy relationships are definitely based on a healthy family budget.
It is important to manage family finances efficiently and have control over them. It is wise to get advice and knowledge on how to effectively manage the family budget and have control over expenses and income
Managing personal and family finances is a more urgent topic for every individual, let alone a family, every day. The changed market conditions and especially the potential future risks present everyone today with the fact that they must actively deal with their money and monthly budget and find the best advice on how to effectively manage what remains.
How much do children cost us?
Each child in the family up to the age of 18 costs us almost €50,000
Research by the European Commission has shown that parents allocate 20 to 30 percent of the family budget per month for their children
In accordance with the trends of the world economy, the state increasingly transfers social burdens to the individual. Are you still convinced that studying with us is free?
Personal finance management
In 2014, only 51% of Slovenian households could cover unexpected expenses in the amount of €600 from their own funds.
How many friends do you know who have a house or apartment on credit? How many of them read in great detail the general terms and conditions when renting a loan and how many of them did a market analysis, which loan is the most profitable.
How to avoid a pension gap?
Get a free analysis and a proposal to solve your pension gap.Call to schedule appointment!
5 foundations for healthy family finances
We always start building a house from the foundation, and the same applies to family finances. On our life’s journey, we are all accompanied by certain risks that we cannot influence. If any risk materializes, it can come as a shock to the family, let alone the family coffers. Before planning savings, it is therefore essential to check personal protection against various possible situations (injury, death, disability, illness, health care, protection of work ability) and advise on the most appropriate and affordable solutions.
You certainly want the best for your children too. But wanting the best does not mean that we will actually be able to afford the best to the child, especially if financial resources are involved. Every year, parents are more surprised by the rising costs of their child’s education (funding of studies, transportation costs, purchase of meal vouchers, stay in a foreign city, computer equipment, purchase of necessary literature, etc.). In any case, only with proper planning and saving with monthly contributions, let’s say, for example, EUR 40 per 17 years, is it possible to ensure the much-needed principal from which the child will be able to draw a monthly “scholarship” in the amount of EUR 509, which significantly relieves the family budget.
Every individual wants to enjoy the fruits of his labor after many years of employment. Above all, this means that he could carefree enjoy and do everything that previously time did not allow him due to work and other obligations. But many times these wishes do not come true for retirees, because the amount of their pension does not guarantee them basic social security. The average pension in Slovenia today amounts to just over €600. Can you imagine spending a month with only the mentioned amount? For a worry-free path to retirement savings that provide and maintain a standard, you need to get a retirement plan and advice on proper, safe investing.
Buying a property is for many people the biggest life project, also financially. On average, Slovenians spend between €100,000 and €200,000 for their own real estate, of course this does not include the costs of maintenance, renovation, etc.. In order to get your real estate faster and cheaper and with less of your own money, you must have professional help available both in the financing phase and in the saving phase. You should pay special attention to the contract and conditions when taking out a loan, as this is where the biggest financial differences are created – plus or minus. Make sure you have secure credit.
Have you ever had a sudden event that took a financial toll on you without warning? If you were to lose your job today, what is your reserve, through which you would be able to search for a new one? This is evidence that it is good to have a reserve – a pile of money available to finance unexpected events, possible immediate needs and above all – planning pleasures. Vacations, trips, adventures, visits, tours, concerts, pleasures and the best life memories from all this. It is easier to have more of them if we plan wisely for them and have the financial part covered.
From challenge to result
