Munich, Frankfurt Training or studies have ended, the first employment contract has been signed, the move to a new apartment may also be imminent – finally it’s no longer just about making ends meet somehow: Now more money ends up in the account, and that’s the beginning of a new phase of personal financial planning.
Career starters can now start building up financial reserves and take their first steps towards the capital market. At the same time, however, they also have to plan part of their budget for insurance. During their training or studies, young people are still co-insured with some policies through their parents. But that changes with your own income.
What job starters should take care of as soon as possible and which financial projects they can then gradually tackle: Below you will find five tips.
1. First things first: Liability insurance
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