At the end of 2023, the North Rhine-Westphalia Consumer Center will give three financial tips that are said to be even more important than saving itself. © K. Schmitt/Photo booth/Imago; Bihlmayer Photography/Imago; Collage:RUHR24
What do I still need to do before the New Year? Many people are probably asking themselves this question. The North Rhine-Westphalia Consumer Center is now giving “important financial tips”.
Dortmund – New Year’s resolutions are probably one of the most popular topics of conversation shortly before 2024. Eating healthily and losing weight or quitting smoking are probably on many lists. But saving money is also a real classic. However, the NRW consumer advice center does not see this as the most important point and gives three financial tips for the new year.
Financial experts warn of New Year’s mistakes: “Take care urgently”
The North Rhine-Westphalia consumer advice center recently expressed its opinion in the Bild to “three things that are more important than saving.” One possible error concerns insurance. “If you don’t have private liability insurance, you should take care of it urgently,” he says first tip the North Rhine-Westphalia consumer advice center.
According to the organization’s website, the insurance is “indispensable”. It steps in when someone causes harm to another through carelessness or carelessness. It also affects serious and costly accidents. In addition to the additional recommendation of occupational disability insurance, the consumer advice center also warns against one of the most expensive loans.
At the turn of the year, consumer advice centers warn against overdrafts: “Always balance the account first.”
Avoid overdrafts, that’s it second tip the North Rhine-Westphalia consumer advice center. With such a loan, banks allow their customers to go into the red. But that costs interest (more financial news on RUHR24).
“The account should always be balanced before you start saving,” it says Bild-Report. Savers could never achieve the average overdraft interest rate of October 2023 (twelve percent) with “conventional savings products”. The last piece of financial advice also concerns debt.
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Financial tips before the turn of the year: Consumers should pay off consumer loans
“Anyone who has financed a car, clothes or other luxury in this way should pay off the debt first,” it says third tip the North Rhine-Westphalia consumer advice center. This is about consumer loans – but what is that exactly?
The definition of the Gabler business lexicon is: “A loan to private households that serves to finance the consumption of goods.” In principle, as the wording suggests, it is a matter of debt for consumption. However, consumer advocates recommend paying off these debts in particular. In addition to the three tips for 2024, the recently requested three-digit climate repayment could also be a financial help.
2023-12-28 05:41:27
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