Back to Banking Basics

Ready to make some big financial decisions? Learn from Logical Lucas

If you’re on the verge of a big life change you probably want the same things from your bank as Logical Lucas.
2 min read
There comes a point in all our lives when we’re ready to take the next big step. We become obsessed with our next life goal, and what we need to make it happen. And it becomes all-consuming, but not necessarily in a bad way. This is what gives us the drive to make necessary changes and get savvier when it comes to our finances — questioning both big and little things at the same time.It’s where Lucas is right now. Post-grad, eager-to-move-on-with-life Lucas. He’s the kind of person who does his research before spending his cash. He’s living in a shared apartment with two other post-grad students, but his priority is moving into his own place. It’s time to grow up — he wants to start a family in the mid-term so thinks he needs to get a better handle on his finances.Lucas lives life on his smartphone, so he wants a banking app that’s fit for purpose and fits in with his life. Just like 23 percent of the world’s population, one of his biggest banking bug-bears is how complicated everything is. He just wants a simple overview of his spending and future goals in one place to help him get to where he wants to be.

Lucas’s financial factoids

  • Mindset: thinking about settling down
  • Motivation: becoming financially independent
  • Superpower: knows how to live well on a budget
  • Kryptonite: over-complicated banking processes

Hints

We get it. Like Lucas, your life’s changing and you’re not waiting around for your bank to catch-up. You need the information that’s going to help you make important financial decisions.
  1. Read “Personal financial planning — tips on setting yourself up for the future” to see how you can get your life plan sorted
  2. Check out our Go Cashless features so you can manage everything directly from your cell. Spaces will help you save for the future and Shared spaces will make sure you’re splitting expenses fairly with your roommates
  3. Find us on social #BigBankingChat to discover more tips

    The bank you'll love

    ✓ 100% mobile ✓ No hidden fees ✓ No paperwork ✓ Free virtual Mastercard ✓ Investment tools

    Get started
    An elevated hand holding a transparent N26 Standard card.

Find similar stories

campaigns
BY N26Love your bank

Related Post

These might also interest you
Financial leverage: what it is and how to calculate it.
Banking Basics

Financial leverage: what it is and how to calculate it

Debt isn't always a bad thing. In fact, investors and entrepreneurs can use it as a strategic tool to boost their profits. Here, learn what financial leverage is and how to calculate it.

5 min read
What is risk tolerance in investing?
Banking Basics

What is risk tolerance in investing?

When it comes to risk in investing, the question isn't "if" — it's "how much." Discover here what risk tolerance is and how it shapes your investment strategy and portfolio.

6 min read
Growth vs. value stocks: what you need to know.
Banking Basics

Growth vs. value stocks: what you need to know

Stocks are broadly divided into two categories: growth vs. value stocks. Discover the differences, how inflation and interest rates impact them, and how to choose between value and growth investing.

5 min read
Back to Blog