House construction too expensive - Stop building?

We are both civil servants …

Does that now explain the unrealistic worldview?

The car is 12 years old and no longer has comprehensive insurance.

500€/monthly… that is the saving rate for a vehicle. For one more, for the other less. 500 is calculated for a new average new vehicle, at least it used to be. It should be much more now in times when a lot of technology makes the car expensive..

We both don’t trust insurance companies and we are certainly significantly underinsured in comparison.

But I don’t find that particularly presentable or worth mentioning.

We have no life insurance, no disability insurance, and no household insurance. That explains the difference ;-)

Then you should have explained yourself a bit earlier when the OP asked.

So you have to calculate at least 400-500 euros per month for the car, no matter how you look at it. Anything else is undercoverage

It really depends on how much commuting is done. Someone who spends a lot of their life in the car buys something more comfortable than the occasional driver.

The occasional driver certainly will not pay such prices, despite the current bad market situation for new and used vehicles:

Vehicle now costs 29,000 euros

Your invoices deserve respect, but if I save €500 per month for the purchase of a new vehicle, then after about 4 years I can buy a mid-range car that is 1-2 years old. I keep my cars longer. Sure, you should set aside something for a car, but sometimes the figures here are very high and quite "rigid". I know few people who save a fixed amount each month for the car’s depreciation. I myself save monthly for repairs and insurance, but the new purchase is not saved separately; it just goes into the general savings amount.

Hello, The monthly installment should fit well with you. We have (from November when the parental leave is over) a very similar household net income and the same installment. According to my calculations and our household book, there should be about €1000 left per month.

Well. For hy-giene reasons, you should let shoes rest for a day, so you switch between two pairs. But probably that doesn’t exist anymore these days, now it’s called Sagrotan :p But we should get back to the topic… Ps. Your wife uses too much – just leave her at home :cool:

At the office, I switch from business shoes to slippers. When I have to go to an appointment, I put on the business shoes. After all, you should feel at home :-)

I cannot understand the car bill of at least 500€. Our car cost just under 14,000€ as a nearly new car about 11 years ago. If I now spread 14,000€ over the months driven so far, I come to 100€ per month, which the car has cost me in terms of depreciation. Pessimistically calculated, it will break down tomorrow, then it was 100€ per month for 11 years. The next 11 years it will be a little more expensive per month, since the car now costs 16,000€, but even then I am only at 120€ for depreciation. Optimistically calculated, it will last another 10 years without major repairs, which is not impossible at 70,000km. Then I would be just over 50€ for depreciation alone, without repairs. And as someone already wrote, it is always a question of where you classify what in your calculations. We have a monthly savings rate and whether I have to replace a broken washing machine tomorrow, pay for a car repair, or buy a new car because I wrecked mine, I cannot predict.