{"id":43826,"date":"2024-02-29T17:00:00","date_gmt":"2024-02-29T16:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=43826"},"modified":"2024-02-29T17:01:37","modified_gmt":"2024-02-29T16:01:37","slug":"monetising-savings-beating-banks","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/monetising-savings-beating-banks\/","title":{"rendered":"Monetising savings by beating the banks"},"content":{"rendered":"
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Persistent inflation and the low interest on bank deposits have led to a general impoverishment of families who are seeing their savings disappear. Is there any way to ensure our purchasing power in the short term? How can we make monetise our savings? Isaac S\u00e8ne, Product Manager, explains how with Litigation Funding, which 11Onze Recommends.<\/b><\/h3>\n

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Inflation has pushed up household indebtedness and eaten into savings. During the first two months of this year, <\/span>families have withdrawn 18 billion euros in deposits from banks to cover expenses or to try to improve the profitability of their money.<\/b> While the banking sector is profiting handsomely from the ECB’s interest rate hike, it is barely remunerating its customers’ savings.<\/span><\/p>\n

According to the latest CPI data, prices have moderated year-on-year, but <\/span>inflation is accumulating, so this does not mean that prices have fallen, but rather that they have risen less than a year ago<\/b>, i.e. inflation is moderating, but we are still paying more. Faced with this bleak outlook, 11Onze Recommends presented Litigation Funding to our community a few days ago, a product that prevents your money from being devalued by inflation.<\/span><\/p>\n\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n

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