Skip to content

Shaping the future: Your path to financial independence

Published November 30th, 2021

To pave the way for a good future, it’s important to become as financially independent as possible because this will give you the freedom to live the life you want. How to achieve that:

Just imagine you were to visit yourself in 30 or 40 years from now: what would you like to see? Will you be happy with yourself? Can you perhaps see yourself living in a house with a garden – or maybe lying on a beach after having emigrated to sunnier climes? Preferably all of the above? Fair enough!

If you want to achieve your goals, you have to get them clear in your mind first. And to turn them into a reality, you will need a few things. And one of them is money.

Think your pension will cover everything? Sorry to break it to you, but it won’t! 

When it comes to your future and money, there’s no getting around the topic of pensions. And the bad news is that you probably won’t be able to rely on your state pension alone. Here are the facts:

80% of the people in Germany currently receive a pension of less than €1,000. Almost one in two of them even receives less than €800 a month. And for women, the average pension is currently €693 a month.

So if you don’t already know that some kind of inheritance is coming your way, then you really need to take action and provide for your future self now.

A small reminder: It’s neither as complicated as you think and you don’t even need a bulging wallet either. Because the earlier you start, the smaller the amount you will need to put aside every month. So don’t delay – start today! By investing sustainably, for example.

Hier Beispielgrafik, wie sich der Wert entwickeln kann – auch bei kleinem Budget.:

If you start with €100 a month, you could end up with €98,000, or by saving €200, you would have a whopping €196,000 (before taxes and inflation).

You don’t have that much money to spare each month? Then why not start with €25, which would give you around €24,500 after 30 years. Not bad going, right?

How to become financially independent

Sustainable investments are a great way of providing for yourself and the future you have envisioned. Once you’ve built up a nice little nest egg for emergencies, you can get started. By making green investments, for example: in renewable energies, sustainable mobility concepts and many more projects that are good for the planet and also for your bank balance.

Because, unlike your current or savings accounts, they pay decent interest – and that is the key here: you can make your money work for you instead of just working for your money and slowly but surely gain financial independence.

There are even more ways to achieve financial freedom beyond investments – such as salary increases or a passive income. But investing is definitely an important building block for this goal and creating the life you want to live. At the end of the day, money isn’t an end in itself but a tool to achieve the life you want.

But it’s also important to remember that there is also a certain risk associated with investing. This is why it’s so important that you only invest money that you aren’t reliant on in your daily life.

Soon you’ll be able to invest in the first fully sustainable investment products by Tomorrow – whatever your budget. Add yourself to our waiting list here and you’ll receive the latest news straight to your inbox.

Don’t have a clue about investing? No problem, we’ll show you how it’s done!

If you aren’t clued-up on the subject yet, we have something else for you: soon we’ll be sending you the most important tips on how to get started with sustainable investing, how you can achieve a lot even with a small budget and how to recognise greenwashing in the sustainable investment sector. Sign up for our Newsletter.

Find out more 

In case you need even more motivation to examine your finances and make the move to sustainable banking, check out our Short Guide. Click here.

Your most important financial To Do: Open an account with Tomorrow and protect the climate with every purchase. Download the Tomorrow app now and get started right away!

Open account