Then, when the corona pandemic is just a historical side note, millions of German citizens will almost certainly get financial difficulties - if they don't restrict themselves a little today. Because the statutory pension will hardly be enough to maintain today's standard of living. Because if you do not consume a little today, the savings will bring prosperity in old age. And it doesn't have to be a lot. After all, savers have the power of compound interest with them. Here's how to best use it:
Compound interest: Even a minimal waiver makes you a millionaire
2020-12-31T00:19:02.343Z
A central lesson of the Corona crisis is that we can do without more than we could imagine. Consumers should take advantage of this knowledge. Because those who do not consume a little today will reap prosperity in old age - with this very simple savings plan.
Source: welt