Financing: Our house construction project is scheduled to start next year

1: We have been together for 7 years and have been renting for 4 years now, so we have known each other for quite a while. 2: She definitely wants to have a house; whether to build or not doesn’t really matter to her, but we have the same taste. We like modern houses and don’t want to buy a 20-year-old house for 400K only to put another 100K into it. 3: It depends. I want to build our house and live there forever, but if due to circumstances the house has to be sold and I have to move because of work, then I would build a second one too. 4: About my job: I am a cutting machine operator and completed my training to become an industrial master metal last year. Up to 1000€ gross more is possible; it always depends on the size of the company, and with increasing professional experience you also have a claim to higher salary. 5: I like to do things myself; I completely painted our apartment, assembling furniture is no problem, I have friends who are electricians and I also know carpenters, plus my father is self-employed and could do the entire outdoor area for me.

Yes, our area is relatively affordable but I don’t see why I should spend 100,000€ - 200,000€ to move into a condominium.

1. Good foundation!
2. A 20-year-old house is great! You still don’t have to invest much in it at first. You usually can’t get that for 400k in most areas anymore :p
3. ok
4. Ok, you’re doing master craftsman school. Will you then be employed as such? I know from my employer, who has 2 graduates of the master craftsman school in production and assembly, but because of "not needed" they are still just regular assemblers or machinists. Otherwise, 3,000€ net for a master craftsman in production in a region with low construction costs is rather unusual.
5. Can be improved, but fits.

Your answers sound very solid. I am by no means a partnership skeptic and have been happily married to my wife for 31 years. Much comes unplanned – that is quite certain. I wish you all the best and cannot provide any further added value. Once you see it not as an expense but as an investment, the world looks a bit different. Expect a few surprises that our crazy times will bring. Currently, the state is taking on a lot of debt. The mathematical problem of repayment on such a scale has often been solved in history through inflation. The idea of not saving in cash but in tangible assets is not unreasonable. An apartment is a conservative asset. Stocks can fare badly at times and are less suitable for your medium-term savings goal. Cryptocurrencies (most of them) are decoupled from economies but extremely volatile. It’s a lot of fun with money you don’t need – it’s highly risky if you do need the money.