Savings
Serge Papin, the junior minister for Commerce and Purchasing Power, has proposed allowing employees earning less than two times the minimum wage to withdraw up to 2,000 euros from their company savings plans tax-free. The measure aims to boost consumption amid economic gloom. The amount could rise during parliamentary debates.
Iniulat ng AI
The year 2025 ends in the red for the Livret A, with net outflows of nearly 3.6 billion euros from January to November. This popular savings product, held by 55 million French people, is losing appeal due to its reduced yield. It marks the first negative year since 2015, following years of massive savings.
Experts recommend using automatic debits on credit cards to turn routine spending into savings, overcoming the initial challenge of building financial reserves. This approach fosters discipline by treating contributions like regular bills, easing the habit of investing even on tight budgets. Recent articles highlight options like pensions, consortia, and insurance to build wealth gradually.
Iniulat ng AI
During a virtual forum, Sura Investments experts recommended directing bonuses and aguinaldos to investments to boost savings and wealth. Companies are accelerating savings incentives to retain young talent in a competitive market. The balance between spending and saving was emphasized during the holiday season.