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Having savings is important to protect your wellbeing

Money can’t buy happiness but saving it might cheer you up

There is a famous saying that money can’t buy you happiness. That may be true, but having money sure can help in gaining happiness. If there is one thing that the corona pandemic has shown us, is that saving for a rainy day isn’t such a bad idea. It can prevent a lot of unhappiness.

It is also no secret how we feel about ourselves and the world, in general, is connected to how much money we have, and savings play a big part in that.

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My monthly Savings Rate report: July 2020

If I had to describe July in one month it would be 'fun'. Bit of a weird thing to say during a pandemic, no? Thanks to a couple of trips and celebrating my wife's graduation from her Master (yeaaaah! well done!) we were able to forget the return of the coronavirus.

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Wallet with euro coins

My monthly Savings Rate report: June 2020

After a live-changing May, June was a lot less crazy. That is not to say that nothing happened in June. I actually invested quite a bit in the site. These investments made my SR drop but thanks to my holiday pay, I was able to keep the damage to a minimum.

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Wallet with euro coins

My monthly Savings Rate report: May 2020

As eluded to last month, May was a life-changing month. I even received a little surprise windfall at the end thanks to my grandmother's inheritance. With all of the preparations done in April, May was relatively calm in terms of expenses. This further improved my Savings Rate and pushed it to an all-time high. 

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Wallet with euro coins

My monthly Savings Rate report: April 2020

April was the prelude to a life-changing May. Quite a few preparations were made in April for a big moment in May so it's only a given that some money was spent. Add to that the higher grocery expenses due to the corona measures and you can already guess that April wasn't a cheap month. Luckily I received my profit participation which prevented me from going negative.

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