You might discover a saving opportunity by taking a closer look at your personal spending habits. Do you buy a cup of coffee, a newspaper, some sweets or something else on your way to work? 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? The Black Friday and Cyber Monday sales in November, for example, entice a lot of consumers to spend.
If you could put aside a small part of the money you spend on impulse purchases every day, you could end up saving a nice nest egg over the years.
Think about it: if you save 2.5 euros per week, it adds up to 10 euros a month. 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 result, the example does give you an idea of what kind of amounts you could aim for if you save 10 euros a month.
Example of the difference of account and fund saving

The image shows a comparison between the performance of a monthly saving of 10 euros since the year 2000 if it was invested across the global equity markets or if it was deposited to an account. The return shown in the image is not a guarantee of future returns or performance and it does not account for costs and taxes.
- 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.