If you have any savings that you do not need in the near future, you can consider investing it in something that gives you a return. At the moment, interest rates in Denmark are so low that at most banks you have a deposit rate of 0%, which means you do not get any interest income on your savings. In the short run it is okay, but if you have a long-term perspective with your savings, you should definitely consider whether it makes sense for you to invest the money, as their value over time will decrease due to inflation.
Welcome to our blog!
We are a couple who for a long time have talked about starting a blog focused on finance as it is an important topic that affects everyone, but is talked too little about – if you ask us. Everyday we are faced with financial decisions, all of which have a major impact on our lives, but despite this, we do not learn about personal finance at school, and only some people have talked about the topic at home.
Finance is an exciting topic for us, as it affects our everyday and future and consists of many variables we can control. Most everyday decisions affect our finances in one way or another, which is why we love to do math on opportunities and talk about how to save, invest and live.