Financing plan too unrealistic?

If you read some posts here, you might think that most children of the "normals" would be completely neglected without all the fancy hobbies.
Insanity!
Looking at it, it seems we probably shouldn’t have kids ;)

By the way, I was rather hobbyless as a child.
I didn’t like sports, especially team sports.
What I had: friends, lots of Lego, a bike, and a few RC cars. At some point in my teens came computers and TV (each “hand-me-down” devices from my parents) and at 12 my first mobile phone with an antenna and prepaid card.

The only really expensive thing for me: At 16 I was allowed to get a Class M driver’s license and got a Simson moped.
That was really great, and I am thankful for it to this day.
Moped, license, and insurance together cost just under 1100 EUR. I bought spare parts from birthday money etc. Repairs were done myself.
Simply a great time.

I had a really wonderful and fulfilling childhood and that without many of those elaborate “leisure fillers.”
By the way, I was born in 1987.

There aren’t only lifestyles that need a lot of money. You can also live cost-conscious without giving up much. We do that.
I have to/want to buy a second car soon for commuting, as my Benz is turning 30 this year and is supposed/allowed to go into partial retirement.
I will consciously choose my car according to the attributes good/cheap/durable. Let’s see what it will be ;)

the threads become independent. Which is also ok.

I got a 1-month ban for a post that was off-topic.

If some users are missing here for a while soon, now you know why :D

I got a 1-month ban for a post that was off-topic.

if some users are missing here for a while soon, now I know why :D

Don't worry, you are not alone.. I got a 14-day writing ban because of asking for a photo and shortly after that my account was deleted for no reason..

I don’t go to Aldi and buy the €15 football shoes, my kids get some from the specialty sports store that they try on and then cost €60.

Nah. I can understand that. You can just buy those shoes for the whole family at Aldi. They’re made in the same factory anyway. You don’t have to advertise for Nike, Puma, or Adidas ;)

You have to consider that kids have hobbies, sometimes changing ones because they feel like it. Childcare and food at school cost money, etc.

Yeah, sure: the little one gets an archery set for a lot of money and gets driven 50 km by mom. After the fourth time he’s not interested anymore and switches… He’s allowed! Kids should try things out. But you can also sit down at the table with your child and look together at what’s available nearby, what the environment offers, what friend Toni is doing, and how friend Jana gets to her ballet class. And then when discovering talents, you can choose the sports, arts, or creative program that’s close by. I find discussions annoying when one’s extreme attitudes are projected onto everyone else, even though you know many people’s situations are different.

No. I can understand that. You can buy these shoes for the whole family at Aldi. They’re produced in the same factory anyway. You don’t have to advertise for Nike, Puma, or Adidas.

I can’t follow your lines. Do you rather mean “no, I can’t understand”? There are huge differences between shoes and shoes (like with many items)… I just remembered the “guy” with 3 pairs of shoes and the 15-year-old winter jacket :D… sorry, I’m drifting off a bit. But never mind, “Sebbi” has already snuck off anyway.

The problem I see: your equity. In the calculation, there is a saving amount of 18k/a. But your equity is only 50k, which means 3 years of saving. Assuming a pessimistic career start at 26, you work for 5 or 10 years and only have your saving rate for 3 years. Of course, children, weddings, vacations, cars, etc. will come in between, but the difference is already very large. Together with the slightly underestimated construction costs, I see this as critical. edit: And the missing saving rate for new cars in the costs, unless I have overlooked it.