How to successfully borrow when you’re on minimum wage, new help to pay your rent or even the best euro life insurance funds… Here are the 3 pieces of information from this Friday, January 16 for your money.
Today’s article: what are the best euro funds?
The returns for the year 2023 for life insurance contracts have fallen. Banks surprise (and that’s positive), savings associations disappoint and mutual societies remain at the top of the ranking. Find here the life insurance contracts which offered the best rate last year.
Life insurance rates: the new top 5 euro funds
Help of the day: up to 100 euros per month more for your rent
Are you under 30 years old and a work-study student? Youth mobility assistance can cover part of your rent. Redesigned in 2024, it has been available again since February 15. Here’s what you need to know to take advantage of it.
Housing action: here’s what’s changing with Mobili-jeune assistance
The good news of the day: borrowing at minimum wage is possible
Realizing your real estate project is not just reserved for the richest borrowers. Despite rates around 4% in February 2024, a study by broker Pretto shows that in certain cities, it is possible to obtain a real estate loan and carry out your project, even while receiving the minimum wage. Indeed, with 1,398.69 euros net per month (the level of the minimum wage since January 1, 2024, Editor’s note), the broker Pretto thus calculated that a single borrower could, at a rate of 4.22% and over 25 years , borrow 90,730 euros, thanks to a monthly payment of 489.54 euros per month.
Real estate loan: where can I become an owner while being on minimum wage