Crowdfunding; the hopeful alternative for savings and investing

With the current low interest rates and financial uncertainties, such as the highly fluctuating value of cryptocurrency and pension funds under pressure, the question arises: where should you keep your savings? Many people consider keeping their money at home, but there's a more hopeful alternative: crowdfunding.

Low Interest Rates? Time to Explore Alternatives

Earlier, the Dutch Authority for the Financial Markets (AFM) asked people what they would do with negative interest rates. About 34% said they would withdraw their money and, indeed, put it in a sock. With major banks lowering savings rates to zero, people are faced with a choice: keep their cash at home or explore other options?

 

Crowdfunding: Make an Impact with Your Money

Crowdfunding offers not only a potential return of up to 8% but also the opportunity to make a positive impact. By investing in global projects, you help businesses grow, create jobs, and strengthen local communities. This makes crowdfunding a meaningful option for savers looking for more than just returns.

 

Why Choose Crowdfunding in 2024?

  • Higher Returns: Achieve potentially higher returns than traditional savings accounts.
  • Social Impact: Support projects that make a difference in the world.
  • Staggered Repayment: Receive a portion of your investment back every six months, with interest.

Lendahand advises always researching potential risks associated with crowdfunding.

In 2024, crowdfunding presents a promising alternative to traditional savings methods. It's a chance to grow your savings while making the world a better place. Start today; create your free account here.

 

Get our newest blog posts straight to your inbox

Enter your email below to receive an email every time we publish a new blog post.