Resources to understand personal finance
As often repeated on our site: in finance, knowledge is power.
Education is crucial to navigate the financial world confidently and break down barriers.
Often, the prejudices that hold us back come from misinformed people.
These misconceptions become embedded in our minds and create obstacles.
To deepen your knowledge, here’s a selection of personal finance resources:
Finary
A must-have in France. Finary is an application that allows you to centralize your assets for a comprehensive overview.
Beyond its main purpose, Finary has created an entire community of enthusiasts around personal finance.
It’s an incredible way to learn more.
Podcasts featuring finance pioneers and portfolio analyses.
Here you’ll find a forum where enthusiasts gather to discuss personal finance, an excellent place to ask questions.
Finally, the Finary application, at the heart of this company’s activity, allows you to centralize your assets for a global view.
Avenue des Investisseurs
This is a site that teaches us a lot about personal finance.
Here’s an interview with their founder.
La Martingale
A podcast series dedicated to personal finance.
Snowball
A newsletter that gained popularity during the COVID-19 pandemic.
Stock Market and Financial Markets
Tools
Find out where you stand on the salary scale in France
Salary calculator for employees in France
- Calculator
It’s important to know that in France, there are significant employer contributions. This means that while you pay taxes (from gross to net), the employer also pays contributions before paying your salary. Thus, the employer evaluates the total cost of hiring you. The calculator mentioned above will help you understand how much your employer pays in total to employ you.
Calculator for multiple countries
- Calculator
The calculator is also available for many other countries, feel free to check out the calculators for other countries. It’s interesting to note that in the United States, taxes on gross salaries are almost identical to those in France, but the main difference lies in employer contributions, which vary significantly between France and the United States. Thus, it costs less for a company to hire in the United States, which is reflected in the employee’s salary, who will benefit from a better salary than an employee in France.
Conclusions
This list is not exhaustive, but these resources are an excellent starting point for your learning journey.