Saving is a great goal in itself. In times of crisis this becomes really difficult. But when it comes to deciding how to use the accumulated savings, the complications begin to multiply. The ProiezionidiBorsa experts in the article below will suggest how to make very small amounts of money and earn even with only 100 euros.
Small amounts and big earnings
Amounts such as 100 euros, 200 euros or 300 euros of savings per month, may appear small figures. As such, the ways to make them bear fruit are neglected. Not only because the amount is (apparently) small, but above all because there are no known tools that can yield interest for small amounts.
It goes without saying that neglecting even just 10 euros can become a fatal mistake. A saving of 10 euros per week leads to a figure of 500 euros per year. A saving of 100 euros per month creates an annual amount of 1,200 euros, basically a salary. It is no small thing. That is why we must never neglect the small figures, because it is on those that the large figures are built.
How to make very small amounts of money and earn even with only 100 euros
Let’s see how it is possible to invest even 100 euros per month, making them pay off immediately. Government bonds must be discarded. In fact, to buy any bond you need at least 1,000 nominal euros. If you bet on a subscription BOT, a BTP, a CCT, you must have at least € 1,000 in the account. It means waiting 10 months. Solution to be discarded.
Instead, it is a solution at hand, that of Postal savings bonds. You can invest in a BPF starting from just 50 euros. So, with a saving of 100 euros you can buy 2 per month. Furthermore, they have no subscription costs, nor divestment costs. You can recover the money at any time without penalty.
Which ones to bet on? It depends on the savings objectives and the investment horizon. They range from a return of 0.35% gross per annum, up to a maximum of 1.75% per annum gross.
Here is who wins between Multi-year Treasury Bills and Postal Interest Bonds. Read the analysis here.