Making big purchases and provisions for the future
Throughout our lives, we are confronted with several decisions on major purchases.
We may want to acquire a house or apartment, renovate our homes or buy a car. This means we also need to think about financing. Sometimes it may be necessary to get into debt, by taking out a loan, for example. If you are thinking about borrowing money, it is particularly important to have a good overview of your own budget so you will be able to meet your repayment obligations. Additionally, you need good long-term financial planning and provisions.
Long-term financial planning is also key when it comes to preparing for retirement. In this context, we need to focus on long-term investments and sustainable wealth accumulation early on. The range of investment options is very diverse. The use of financial services can help us select a suitable form of investment.
