Financing construction projects - Enough equity?

Tip from me. Free Vimeo account and video tutorials as a presentation (PowerPoint or mysimpleshow or something like that).

Thanks! "Unfortunately" it’s about physical education. That makes ppt difficult. Our opinion on that is actually that physical education during lockdown times is completely unnecessary, since according to her training, physical education primarily has a social/pedagogical/integrative function (boys-girls-diverse, religions, giving support etc.). She no longer belongs to the old generation of PE teachers that I still experienced, where either every lesson was centered around football, or we were pushed to run through the woods on a 125cc moped. Unfortunately, there are 3 completely divergent expectations from the parents: 1. about 40%: it doesn’t matter at all, as long as the child learns something in German, English, math aka main subjects. 2. about 40%: PE is totally good. But I can’t watch to make sure the child doesn’t hurt themselves in the apartment/house/garden. Going for a run is extremely difficult for kids in the inner city, for example. This group prefers to take it easy. 3. the remaining 20%, but VERY LOUD: The child moves too little. If they do something, they should be tired in the evening and it’s THEIR JOB to exhaust the child during PE. Well, now it’s about lesson preparation that tires out the kids but keeps them safe. Finding a healthy middle ground where she doesn’t already feel like she has one and a half feet in jail because of liability issues is extremely difficult. It all takes an enormous amount of time and effort and you really can’t please anyone. Before anyone starts whining about PE teachers again, the tip is to celebrate the next children’s birthday party with 30 kids in the indoor pool, but 5 days a week. ;)

How do you estimate the time required for a new 4-minute video with all the knowledge you’ve now gained from the first attempt?

I think it can be shortened to about 2 hours. The problem is that we don’t have our own house yet. We could do it in the garden etc. there. So we always have to go out to the nearest park. We have the same problem as inner city kids with our rental apartment: everywhere sloped ceilings and due to home offices everything is full of furniture and technology.

I have a stepson. This 19-year-old brat failed to apply in time last year for a special training program. My husband grumbled under his breath. I then asked why he hadn’t sat down with his son beforehand. Some young people need a little push from behind or simply don’t know where to start. Now, one year later, we still haven’t made any progress and neither mother nor father seem willing to calmly sit down with the child and discuss the situation.
Now I have summoned him to us (he still listens to me quite well) and will go through his future plans and application documents. But none of the parents have the courage to have a more serious conversation with the young adult.

....and I had already made peace with being one of the few parents whose children were not begged to attend Harvard right after birth.
I don’t find what you describe so bad and managed quite well when we had a similar situation. He went down from the grammar school and almost ended up in the secondary school ("Hauptschule"); a tough time... FOR THE BOY! Everyone around him was/is so successful, are sometimes showered with money, and live a seemingly easy life, and you sit there as a young guy and don’t understand anything anymore, especially not the demanding parents, who often have forgotten their own youth’s mess-ups or just their luck.

In your case, it is probably good because an “outsider” can sometimes find a less burdened approach. In my opinion, it is hard when a young person suddenly has to do everything alone, when before they were mostly just "padded"; where should that come from if they never practiced or lived it? Even if these young people often annoy me, I still know the cause lies elsewhere, namely where it is loudly claimed that everything was always done for the child.
Nowadays, there seems to be an overabundance of possibilities and the pressure on young people is enormous, especially from home! I already mentioned the film "Alphabet" for this.
I think a young person can stumble through life for a while, if you ask me, even until they are 30, as long as they always clearly know that they are solely responsible for it, including financially. The great trip after finishing school is unfortunately often paid for with the parents’ credit card instead of with little of their own money and the risk of failure. What I see are pictures at beaches, with elephants, poor children... along with odd reports about poverty porn, a term I didn’t know before. Young people ask me about travel opportunities after their studies but it almost always only concerns the fun factor, because after all, they have “earned” that o_Oo_O. Who on earth told them THAT?

You have to bring your children step by step to independence. Some are coddled until almost puberty, then they notice they can’t do it anymore and the offspring becomes more and more ungrateful, and suddenly the child is old enough to handle their own stuff.

Oh, if only you were right and it were really only UNTIL puberty... how lovely that would be. At the moment, I am experiencing it in my environment; the young people are almost finished with their studies and it’s still like that. At home, you always remain a child; it was even like that for me when I was already 50. That umbilical cord must be actively cut!
In another case, the parents are hyper-nervous because of Corona and because the “child” is losing time for studies; plans are made and strategies developed (for but without the child)... by the parents, and the guy just sits there trying to stay friendly.

Our son dropped out of university twice without us knowing at first, today he is self-employed and more organized and reliable than his old man (no great feat). The other one pulled himself together at some point, went through one of those “transition schools” that eventually accepted him, then passed the university of applied sciences ("FH") with 3.5 and afterward received 3 offers out of 5 applications for study programs. Just so much for educational opportunities in Germany for EVERYONE! He now has a master’s degree and a great job, a totally different person, satisfied with himself AND he arranged ALL OF IT ALONE, which I consider the most important; I also say that appreciatively to him today. Without dad’s credit card (he is broke anyway), without living rent-free or "mama’s hotel." Only when that really ended did something click for him. Parents don’t like to endure that so much, which I can understand to some extent.

I often tell my boy: I am your mother, not your friend.

Could you please introduce this as a legislative proposal in the Bundestag? In South America, children really cried when they were told that; it is totally incomprehensible for them because everyone is amigos with everyone—parents, teachers, employers, everyone are amigos...
But they can never really say anything critical, often not even think critically. A terrible experience for me back then, seeing totally uncritical, deliberately kept dependent children, but the whole system works like that there.

Honestly, it was the same for me. Financially always relying on Dad, Mom had high demands but couldn't help or mediate. The older sister had to take on the role of the main caregiver at only 5 years old, shouldering way too much and also having to deal with herself. Only when my father announced that it was no longer possible due to job loss did I take off. Sometimes you have to be thrown into the deep end. I am very grateful for that in hindsight.

It's not about torturing the children with it, but about them eventually standing on their own and not fainting from shock. Don't worry, you are not alone :D, within the realm of possibility I was more of a prince, but not with money, because there was none. Also, I started my supposedly steep civil servant career at 17.......

Sometimes you have to be thrown into the cold water.
I am very grateful for that in hindsight.

It's a shame that this experience is often not passed on to one's children because one is struggling oneself. I am far from high performance, professionally and as a parent, but exactly what you describe I find absolutely necessary and have experienced it myself - late though!

Living alone helps. You quickly learn that avoiding dirt is better than having to clean yourself. Financial independence helps just the same. Ah, those were the days... back then as a teenager and student, I didn’t care about anything, what lights and devices were left unused running... Electricity was always all-inclusive at home and in the rental contract :D

We now only buy oat and soy milk; it doesn't taste so bad either and fewer dairy cows need to be kept. As children, we never thought about something like that at all. But now we are aware of the problem and feel better about it...