Financial knowledge for everyday life — the most important basics at a glance

Just get started. Stay clear. Decide smarter.

In a world full of digital payment methods, apps, and investment opportunities, financial education is necessary. If you understand your finances, you make better decisions, save money and take advantage of opportunities in a targeted manner.

1. Budgeting: Your spending under control

The easiest way to get clarity is to use the 50-30-20 rule:

• 50% for fixed costs (rent, electricity, insurance)
• 30% for free time & personal wishes
• 20% for saving or investing

With the budget view in our app, you can automatically categorize your spending — right after every KingPay use.

2. Reserves: Your safety net

Unfortunately, unexpected expenses come back again and again.

Therefore, the following applies:
Have at least 3 months' salaries ready as a nest egg — ideally in a separate call money account.

3. Debt: What you should avoid

An overdraft facility can help in the short term, but often costs over 10% interest per year. Credit card debt also grows quickly if you only pay the minimum amount.
→ Better: Only use partial payment with a clear repayment strategy — or deactivate it immediately in the app.