Your guide to budgeting and how I started to love finances

Denise Haverkamp, founder of 'finance, baby!', shows women how they can financially prepare, even in uncertain times.

February 22, 2024

When I suddenly panicked during the first COVID lockdown in 2020, fearing I might lose my job due to the economic crisis, it hit me like a ton of bricks: I had no clue about financial planning. And the worst part was: I didn't know how to change that. But as they say, pressure creates diamonds: And so the idea for my startup "finance, baby!" was born. To this day, we are an educational platform that specifically supports women in structuring their finances simply and clearly and preparing for the future, based on expert knowledge and closing gender gaps.

I'll give you three initial steps to make it easier to start your financial planning:

  • Build an emergency fund: I advise everyone to set up an emergency fund for unexpected events. It's incredibly reassuring to be prepared for emergencies.

  • Set budgets: Set clear budgets and enjoy the feeling of achieving goals. It's motivating and rewarding.

  • Start investing: Begin with small amounts. Even modest sums like €25 can make a difference. They reduce future anxieties and help make dreams come true.

My personal financial management tips:

  • Honest financial overview: First, I had to admit to myself where my finances stood. I took the time to analyze everything thoroughly - a sobering but valuable experience.

  • Set savings goals: I committed to setting aside a certain amount each month for emergencies and investments. The idea was to develop a stronger sense of security through a regular savings routine - and that's exactly what happened.

  • Check insurances: I reviewed every policy and switched some of them. Now I know I'm well covered.

  • Change bank account: By switching to a new bank account, my terms improved, and I felt more comfortable with my money. To make it even easier, I used a simple bank account switching service that took care of everything for me.

The benefits of financial freedom for your life:

Finances are closely tied to our well-being. Money means security - for both our basic needs and the fulfillment of our dreams. When I realized that active financial management benefits my mental well-being, my motivation for financial planning increased.

My secret: Saving and investing responsibly

Over time, I developed a financial routine that suited me and that I could stick to. What started as a small savings grew into a nice cushion over the years. As savings increase, so do interest rates. So, the more you think about it, the bigger your savings become as you make these small changes. Through small, meaningful adjustments to my daily routine and the creation of an individual plan, I now know that my finances are well organized, and I can achieve a new level of life.

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Enjoy full control over your money wherever you go, with true borderless banking, easy budgeting, powerful cards, and much more.

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Get a free international credit card in less than 5 minutes. Add it to Apple/Google Pay and start making payments today.

Easy Savings

Free

Get a free Savings Account and start growing your money faster with 2.46% interest. No minimum deposit is required!

Easy Bank

€3.99/month

Everything you expect from a mobile bank, and more. Open a bank account in just 5 minutes with your phone and ID.

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€9.99/month

Enjoy full control over your money wherever you go, with true borderless banking, easy budgeting, powerful cards, and much more.

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