Start monthly saving

You handle a lot of your regular expenses with monthly payments – why not save in the same way? Don’t wait for better times - the best time to start regular monthly saving is right now.

Start saving monthly the way you want

Below we present our four solutions for getting an easy start to saving monthly. Which solution suits you best?

  1. The quickest and easiest way is to start with our digital investment adviser Nora. You can start with as little as 10 euros a month!
  2. If you need help in building a well-diversified fund portfolio, try our Portfolio Designer!
  3. If you want to pick out all your funds yourself, buy funds and conclude the savings agreements in Nordea Netbank!
  4. If you want our advice, you can book a free meeting with us. Book a meeting!
Fastest way to start!

1. Looking for an easy start?

Nora provides a quick and easy start to fund saving. You can get started with as little as 10 euros a month and become a fund saver within minutes.

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2. Need help in building a portfolio?

Our Portfolio Designer tool helps you get started quickly and builds you a well-diversified fund portfolio based on your selected investment profile. You can start saving regularly in funds with as little as 10 euros.

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4. Need advice?

You can book a meeting with us. In the meeting, we will prepare you a personal plan for saving together with you. The meeting does not commit you to anything, and our advice is free of charge.

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3 reasons to start monthly saving today

You don’t need to have a large amount of money to invest – the most important thing is to start monthly saving today. Here are 3 reasons why.

  1. You can limit the impact of inflation on your savings by saving in a fund each month. This way, your money will have a chance to grow instead of being eroded by inflation.
  2. Monthly saving in a fund helps you make the most of compound interest. You can receive a return not only on your original investment but also on the return paid on it, i.e. you will be paid an interest on the interest you have received.
  3. By saving each month over a longer period of time, you can benefit from times when the markets are falling since you are able to buy more units in a fund with your monthly contribution.

Book an appointment with us for a free-of-charge investment meeting to get a personalised long-term monthly savings plan or get started with saving in just a few minutes with the help of our digital investment adviser Nora.

Tips for regular monthly saving

  • The main thing is to start saving!
  • You can get started with just 10 euros a month. Start small and increase your monthly contribution later if you like.
  • If life throws something unexpected your way, you always have the freedom to adjust your monthly savings plan. You can take your money out of the fund by requesting to sell your fund units or you can change the amount you invest monthly.
  • Remember to think long-term. You’ll make the most of compound interest when you continue to save each month for several years.
  • Keep calm even when the markets fluctuate – as a monthly saver, you can actually benefit from market volatility.

See how much your savings can grow!

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10 euros and 10 years. See the illustration to understand how much your savings can grow!

One of the most important saving tips is that you should track your spending. Do you buy a cup of coffee, a newspaper, some sweets or something else on your way to work or home? All those little purchases can add up to a lot of money every month.

Or maybe you spend large sums on streaming services or digital games? Do you end up splurging on stuff you don’t need just because it’s on sale? As consumers, we are continuously enticed to grab special offers and discounts.

The graph illustrates the performance of 10 euros saved each month since the year 2000 invested across the global equity markets compared to being deposited to an account. The return shown in the graph is not a guarantee of future returns or performance and it does not account for costs and taxes.

Start saving monthly with as little as 10 euros

If you can spare even 10 euros a month after your essential expenses, you can start saving monthly in a fund. According to our calculations, a regular investment of 10 euros per month in global equity funds begun in January 2000 would have generated a return of more than 7,500 euros by June 2021. 

And although past performance is no guarantee of future results, this example does give you an idea of what kind of amounts you could aim for if you save 10 euros a month. 

If you could put aside a small part of the money you spend in your daily life, you could end up saving a nice nest egg over the years. 

  • As it turns out, 10 euros isn’t such a small sum if you save it regularly year after year. And that 10 euros is all you need to start regular monthly saving with Nordea. The main thing is to get started!
  • After you’re off to a good start, you can consider raising your monthly savings amount to accumulate your savings faster.
  • Remember to think long-term. You’ll make the most of compound interest when you continue to save each month for many years.
  • Our savings calculator helps you understand how different sums and periods could grow your wealth over time. Try our compound interest calculator!

Frequently asked questions about monthly saving

Start monthly saving right away

Try our digital savings advisor Nora if you want to start saving quickly and conveniently. It will only take 5–7 minutes.

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Do you want advice from our experts?

If you want to discuss monthly saving with our advisors leave us a contact request, and we will call you.

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Important information about investing

The information provided on this website is intended for general product information only and does not constitute investment advice or recommendations. When it comes to funds or equities, past performance is not a guarantee of future results. The value of fund units or equities may increase or decrease due to market movements, and it is not certain that you will get back the entire amount you invested.