Prices always fluctuate. Some rise, others fall. Inflation is the term used to describe rising prices of goods and services. When prices go up, you can buy less for 1 euro today than yesterday—the value of your money has decreased.
With an average inflation rate of 3.5% per year, your purchasing power (the ‘fair value’ of your money) will have decreased by half in twenty years. You're probably thinking about what to do with your savings. There are several different ways to increase your return.
"}},{"componentType":"cards","cards":[{"componentType":"productCard","cardType":"product","cardSize":"small","title":"Asset topics","intro":"Want to make the most of your savings? Explore your options.","image":{"transformBaseUrl":"https://assets.ing.com/transform/b264d683-40e5-45c9-afb9-2b742b50e3ea/High-angle-view-of-hand-holding-coin","type":"image","width":6000,"original":"https://assets.ing.com/m/623eedf004f5af90/original/High-angle-view-of-hand-holding-coin.jpg","extension":"jpg"},"link":{"url":"/particulier/vermogen"}}]},{"componentType":"sectionTitle","title":"Combine saving and investing"},{"componentType":"paragraph","richBody":{"value":"By combining saving and investing, you're more likely to earn a higher return. You'll invest for the long term and save for short-term expenses and to build a healthy cash buffer.
There are several ways to invest with ING. You can invest independently or leave it to us.
Making your property more sustainable isn't just good for the planet, but you'll also benefit personally. A sustainable home means lower energy bills and more comfortable living. Energy prices are uncertain and could greatly impact the inflation rate. By making your home more sustainable, you'll be less affected by rising energy prices.
"},"textLinks":[{"url":"/particulier/hypotheek/duurzaam-wonen/waarom-aardgasvrij-wonen","text":"Learn about the importance of living sustainably"}]},{"componentType":"sectionTitle","title":"Spend your money"},{"componentType":"paragraph","richBody":{"value":"Another option to protect yourself against purchasing power loss is by spending your money—albeit wisely. If prices are expected to go up, see if you can make (large) planned purchases like renovations or new cars sooner. Doing so may benefit you financially. You could also give money or make extra payments on your mortgage.
"}},{"componentType":"linkList","iconTitle":{"title":"More about spending (wisely)"},"textLinks":[{"url":"/particulier/hypotheek/jouw-hypotheek/woningwaarde-verhogen-door-verbouwen","text":"Home improvements to increase property value"},{"url":"/particulier/lenen/informatie-over-lenen/wat-kost-verbouwen","text":"Wondering what renovations cost?"},{"url":"/particulier/vermogen/schenken","text":"Everything there is to know about giving money"},{"url":"/particulier/hypotheek/jouw-hypotheek/voor-en-nadelen-extra-aflossen","text":"All information on extra mortgage payments"}]},{"componentType":"sectionTitle","title":"Pensions"},{"componentType":"paragraph","richBody":{"value":"Another way to spend or use your money wisely is by investing it in your pension. You can do this by paying it into a personal pension or by retiring early.
"}},{"componentType":"cards","cards":[{"componentType":"productCard","cardType":"product","cardSize":"small","title":"Everything to know about your pension","intro":"Get more information about your pension and find the answers to your questions.","image":{"transformBaseUrl":"https://assets.ing.com/transform/f6d3bfd2-0887-417c-8611-825da9cffe1c/pension-company-director-1920","type":"image","width":1920,"original":"https://assets.ing.com/m/45003485423be51c/original/pension-company-director-1920.jpg","extension":"jpg"},"link":{"url":"/particulier/pensioenen"}}]},{"componentType":"sectionTitle","title":"Save for a rainy day"},{"componentType":"paragraph","richBody":{"value":"It goes without saying that you should never spend all of your money. It's wise to have money set aside for a rainy day. That way, you'll have a financial buffer should the unexpected happen, from sudden unemployment to broken washing machines. How much you should set aside depends on your circumstances. Calculate your ideal cash buffer amount using Nibud's Buffer Calculator (BufferBerekenaar).
"}},{"componentType":"sectionTitle","title":"Good to know"},{"componentType":"paragraph","richBody":{"value":"Investing comes with costs and risks. You might lose some of your deposit, or all of it. Learn more about the risks associated with investments, and how to minimise them.
Visit ing.nl/ESG for more information about ING's sustainable investment policy.
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