During the pandemic, families have saved more than ever, but with inflation soaring, what will happen to the money we have saved? Can we make the most of them? 11Onze’s executive assistant, Núria Rambla, answers these questions with all sorts of tips for saving in a new episode of L’Estat de la Nació. 

“There is a very curious phenomenon. Savings have increased by almost 5%, but it is savings that have been kept in traditional current accounts, which do not earn any interest,” explains Rambla. Moreover, she points out, even if these savings have been kept in longer-term interest-bearing deposits, they are not yielding any return.

“While interest affects us positively, inflation affects us negatively,” Rambla summarises Rambla. And in an inflationary context, in which, as the executive assistant recalls, we have closed the year with 6.5% inflation in the State, the purchasing power of families is affected. “With high inflation, the ideal is to invest the money saved,” she admits, and, if possible, by diversifying it. “There are different products and everyone can choose as they see fit. That’s why at 11Onze we always try to educate our community well,” Rambla says. 

A safe haven for investments

This is how you can invest in affordable investment packages, so-called ETFs, cryptocurrencies, immobilised assets and precious metals, among others. “The classic safe haven for investors will always be precious metals. This year, for example, gold has risen by 20% and silver by 70%,” the executive assistant details. Until now, investment in precious metals had been considered to be aimed at large investors and fortunes, but 11Onze is working to ensure that this type of savings product, like so many others, can reach household economies and be more affordable for families.

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