Investment and saving

Saving starts already in the early childhood, when we get the first money-box, whereas when saving becomes faster, frequently we start to think whether money in the money-box is an efficient saving method. Long-term, seeking to accumulate more, the saving measures with which help money works for you are selected.

Time deposit is a good start of saving. By providing with consistency and stability, the fixed-term deposit remains one of the most popular saving methods not only in Lithuania, but also in the whole world. Always allocate a part of funds intended for saving to a saving measure with a guaranteed return or guaranteed interest rate.

If you have long-term goals, you will always select saving measures easier. If you decided to save longer than for one year, we suggest selecting the structured bonds or investment funds.

Structured bonds (Basic) are safer securities since the bank always redeems them with a guarantee that you will be repaid as much as you have invested.

Investment funds are riskier saving measures intended for those who like risk and seek a maximum profit.

Most importantly it is to have a goal, and we will always advise you on how to save to this effect.

How to save if you need to live every day? I get a fixed income, use a credit card, and have a consumer credit, mortgage credit. Still, I do not know how to save. Why it is needed? The answer is simple: saving is needed for having accumulated a rainy day reserve. If the health becomes bad, or reduces the occupation of posts, or lead to a fall in business volumes, or you should help for close person, even to visit the dentist, or repair the car – it always requires you unexpected costs, which is almost impossible to avoid. You need to think about it in advance.

If you have a loan you can immediately feel the benefits and much more quicker to implement the dreams, but if you are making periodical savings and start planning your own costs, you will feel safer, will start to secure the future prosperity for yourselves and family, will easier respond to situations when unexpected expenses incurred or for some time you do not get the regular income. This table will help to understand that the saving has more advantages than seemed for you before.

+ advantage
– disadvantage