Time is money – start saving today

You can start growing your funds as soon as you can regularly put money aside The easiest option for short-term saving is to open the Cash Drawer, where you can set up different automatic saving methods. The amount accumulated in the Cash Drawer earns interest, but is also available for you to use quickly if needed. As all bank deposits, the amount saved in the Cash Drawer is guaranteed up to EUR 100,000.

If you’ve already set aside some spare cash that you’re unlikely to spend in the near future, it makes sense to put it in a deposit and safely earn extra returns. A term deposit is a low-risk way to grow your money, as it offers a guaranteed return and is also guaranteed by the state up to EUR 100,000. You can also open a Children’s Deposit, which you can use to save money for your child that will cover the costs of starting independent life or give them a head start on long-term savings.

III pillar pension with its low management fees is one of the most efficient savings options, as it comes with a considerable tax incentive. The state gives you an income tax rebate when you submit tax return, which you can invest again. Also, index funds have shown the highest historical returns. For example, those who save in Tuleva’s III Pillar Pension Fund hold shares in almost 3000 of the world’s leading companies, which means that risks are more spread when compared to single equites.