Whether 25,000 euros is a good buffer? ‘First think about when you want to reach that amount’

This month we follow Ascha, Niels, Edwin, Dominick and Daphne on their mission: who saves the most? Households will compete in this site’s ‘Savings Battle’ in September. What can they save on? And of course: who will win the battle? We follow them on their mission every week. Today part 5: saving. “I often recommend having two buffers. One for short-term items, such as a washing machine. In addition, a long-term buffer for major issues that do not occur annually.”

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