Feasible financing for couples with future children?

Live for a few months only on your income and then save an additional €1000... Then you will know how much your wife absolutely has to earn so that you can afford the €2000 installment. I think that is very tight. Depending on the federal state, I would also look for subsidies.

Maybe I expressed myself poorly.. currently we save about €2300 per month. Additionally, €1000 for rent is included in the expenses, which would then no longer apply. Accordingly, if both work, you would have just under €3300 left over.

Maybe I expressed myself poorly there.. currently we put aside about 2300 per month. Additionally, 1000 euros for rent are included in the expenses, which would then still fall away. Accordingly, if both work, you would have just under 3300 left over

Maybe I expressed myself incorrectly, because you can’t calculate like that if you don’t have your costs covered in the slightest.

Well, if you spend about 3,000 EUR today including 1,000 EUR rent, with a 2,000 EUR installment it will be nearly 4,000 EUR in total.

If you put aside 2,300 today and that's roughly your wife's salary, it's really tight!

Where are property tax and residential building tax in your bill? They are also applicable. The big difficulty is always the second child. With the first, you can perhaps still make full use of parental allowance, but with number 2, it looks quite different. You have to work in the year after the birth; if your wife manages 20 hours, that amounts to 1200 net, and parental allowance is only 67% of that.

We have similar income including child benefits (with 39 and 28 hours) and two children (2 and 5). I would advise you not to exceed 35 percent of your net income for financing. And personally, I already find that quite steep. People only think of diapers, clothing, and food when it comes to children. But other costs also arise
- Meal money for daycare/kindergarten (€2.50-3.50 per day per child) and depending on the federal state, daycare fees
- Savings accounts for the future/pocket money
- Clubs
- Outings (try going to the zoo or the adventure pool as a family of four)
- Costs for lunchtime supervision at elementary school
- Flight tickets for 4 people
- Insurance like term life insurance in case one partner dies

Make a really realistic cost breakdown "in the house" if one person works part-time. I don't know who would want to work full-time with a toddler unless you have flexible working hours and can alternate child care. Consider, in addition to the items already mentioned, also the maintenance reserve for the house. Your household contents will also be more expensive in the house.

Meal time,
I will address this based on our situation.

Open questions:

[*
Financing with planned children? How to account for the loss?
[LIST]
[*]Full-time will probably be difficult afterwards?
[*]How expensive are children? On the internet, one reads about 700 euros per month?


[*]Retirement provision in addition to house construction?


[*]How much additional is necessary?


[*]Reserves for future events


[*]Money for the wedding

We have 2 kids (5 and 2) and both work full-time --> disaster!
My wife recently changed jobs. If that hadn’t been the case, she would reduce at least 1 day/week (so 80%) because we just can’t manage with kids and house, garden, etc. I earn a bit more and a reduction is unfortunately not so easily possible in my job. Just mentioning that in passing.
It must also be mentioned that we have 2 daycare spots from 08:00 - 16:00 and no family / relatives nearby.
No matter how we try, we just can’t get the household sorted. Not to say others don’t manage, but we certainly don’t.

Daycare - here comes the biggest children cost block for us. For the above-mentioned (full-day) places, we pay a bit over 700€ per month including meal flat rate. What we then spend proportionally on food, clothing, toys, leisure... I can’t tell you exactly. When it comes to clothing, we certainly also buy used things, except for underwear and shoes (= especially here we do not save). The rest we often buy at Lidl, Aldi, etc. or sometimes something comes from the grandparents, which is unavoidable.

Retirement provision we do independently of the house, i.e. as before. I could never understand statements like “the house is my retirement provision.” A house costs money, especially when it gets older. And who wants to have to sell their house financially in old age?

Wedding. Cool! For us, rounded up was 400€ for the food after the registry office, about 70€ for my wife’s dress from about you or so, and 20€ for suit cleaning and ironing for me, since I just took a suit from my repertoire.
Always a question of prioritization and pragmatism :)