Build wealth with 25 euros a month

by time news

HWould you like to have 70,000 euros in your account without too much effort? Yes, you will probably answer. And limit it right away: Unfortunately, only heirs or high earners can hope for this. But far from it. Anyone can do it – if you save long enough, 25 euros a month is enough. You don’t have to be a stock market professional to do this. And you don’t have to throw yourself into dubious, wild gambling. All you need is a bit of discipline, perseverance and a timely boost of motivation to start saving as early as possible. A lot of money is not necessary. Don’t let yourself get away with the standard excuse of not having anything to save.

Dirk Scherff

Editor in the “Value” section of the Frankfurter Allgemeine Sunday newspaper.

It’s about small sums. 25 euros, that means going to the cinema with your partner once less. Or eating at home instead of in a restaurant. Many could even set aside 100 euros a month. The trick: The money should be debited at the beginning of the month when the salary has just been transferred. Then you don’t even get used to having and spending more. Many are surprised that they still do not have to suffer great deprivation, as they might have feared beforehand.

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