Build a small dream house in the future

Who says it can't work? Sure, it can work, but it doesn't have to. It's speculative. You have a period of 10 years during which you have to keep the apartment if rented out. Otherwise, the taxes will apply. But you plan to build in 2029. That's ten years from now. So, from that perspective, it's okay for the time being. The question is whether you will get back the incidental purchase costs of the apartment and what kind of return can be expected. In addition, interest costs, etc., are also tax-deductible. However, you could also buy a 3-4 room apartment, move in yourself, and decide at the time of construction whether you want to continue renting out or prefer to sell. The only problem for me overall is that you don't know where you will live then.

You guys are very frugal We have over €6,000 net income, one child and pay €550 rent. We save about €2,000-2,300. Respect

We have no children, we will see what happens then
Anyone from Eastern Europe (like us) can hardly believe that someone spends €3,500 monthly on food, vacations, gas, clothing, etc.

We have no children, we’ll see what happens then
Anyone from Eastern Europe (like us) can hardly believe that someone spends 3,500 euros monthly on food, vacation, petrol, clothes, etc.

We both are also from Eastern Europe. So it’s doable
I’ll just say:
- two cars: 2x car insurance (year), 2x car tax (year), refuel 3-4 times a month, 2x service per year, 4x tire change per year
- numerous insurances (including dental supplementary insurance, legal expenses insurance, liability and household insurance)
- daycare, music school, and horseback riding for the child
- internet, Netflix, Amazon Prime, etc.

Just wait. About 9 years ago we started with about 2,300 € net income (single earner) and had 900 € rent. We could still save 500 € monthly. The problem is, when you have more money, you also spend more.

The problem is, when you have more money, you also spend more.

Well, that says it all

In particular, the item insurance also rises significantly with house construction and children. And the effect that people tend to spend more when they have more money is probably familiar to many. There is nothing wrong with that; I think it's good if you don't just work to save and build a house. You should also treat yourself according to your means. If I die in 50 years, I don't mind the XX EUR that I potentially didn't save. I can enjoy the experiences I bought with my money (for example, we spend a lot on vacations) for a lifetime. (Of course, the prerequisite is solid financial planning and provision, but I don't understand saving as an end in itself)

hello would save and possibly consider building when children are there. it won't get any cheaper