House or car special repayment at the end of the year

The child doesn't care at all whether the stroller cost 1000€ or was bought for 5€ at the flea market.

Yep, but when you go shopping, you see most parents scraping together money so that their children have it "good." Everyone can do as they please. But it is actually nice to buy something NEW and not the used cloth diapers that maybe already have generations who have sh...ed in them. And for parents who don't have a child yet, the advertising meets willing buyers.

And decadent the world perishes....

But I think for such topics the forum is the wrong platform.

Interesting, in which direction my question has developed...
Currently, we set aside 500 euros monthly for the special repayment, plus my 13th salary, which adds up to about 10,000, plus the tax refund. Hence the 10,000 to 14,000 per year. Additionally, 500 euros monthly for reserves. The rest goes to the house, car, insurance, and living expenses. And we are already very careful to buy many things only on sale, as cheaply as possible. At the end of the month, nothing is left over. Therefore, with one child under these conditions, it would already be tight. We would have to reduce either the special repayment or the reserves. Hence also the consideration whether to quickly pay off the car now and then use the money flexibly for the child, or later the special repayment/reserves. Or tighten the belt even more. Continuing to make special repayments on the house now definitely saves a lot of interest....

Thanks for your feedback so far, there are advocates on both sides after all. I think it will be the house, as I (31 years old) am willing to take a bit more risk to save on interest. That’s why we only took out our 100 percent financing for the house for 10 years. Maybe this way of thinking will pay off someday. We’ll see...

We even bought our cloth diapers second-hand!

I'm out of this... to each their own. You don't have to justify yourself. My idea is just completely different. "Mom and Dad splash out money on themselves* and the kids get used cloth diapers." Our children lack nothing... I only work 20 hours a week and my wife not at all. I hope your children won't be teased at school later because of used things. Kids can be cruel!

* generally, without implying that about you!

Interesting, how my question has developed in a different direction...
Currently, we set aside 500 euros monthly for the special repayment, plus my 13th salary, totaling about 10,000, plus the tax refund. Hence the 10,000 to 14,000 annually. Additionally, 500 euros monthly for reserves. The rest goes to the house, car, insurance, and living expenses. And we already make sure to buy many things only on sale, as cheap as possible. At the end of the month, nothing is left over. Therefore, with a child under these conditions, it would be tight. So we would have to reduce either the special repayment or the reserves. Hence the consideration of whether to quickly pay off the car now and then use the money flexibly for the child, or later the special repayment/reserves. Or to grit our teeth even more. Continuing to make special repayments on the house now saves a significant amount of interest...

Thanks for your feedback so far, there are advocates for both sides. I think it will be the house since I (31 years old) am willing to take a little more risk to then save on interest. That is why we have only secured our 100 percent financing for the house over 10 years. Maybe this way of thinking will pay off someday. We'll see...

Calculate exactly how much is actually missing. With changes in tax class, etc.
Keep in mind that parental allowance is subject to the progression clause.
In the worst case, you will have to decide between special repayment or reserves. I think that is manageable.

"Mama and Papa throw money around for themselves* and children get used cloth diapers"

Somehow I get the impression you only think in black and white. Or you only look at everything very narrowly from your own perspective.
Isn't there a middle ground?

On the one hand, we bought used cloth diapers (and children's rooms and clothes) because the good stuff is enough. Why buy new when used works just as well? It doesn't matter to the child whether they wear used or new diapers in the first 2 years of life. You can wash those things at 90°C, which is truly absolutely safe.

No, we don't do that so that Mom and Dad have enough money to party. Otherwise, we wouldn't have gone to the zoo last Saturday or built the kids a big stilts house (yes, it’s also 100% homemade and mostly made with used materials). We also often go swimming with the kids and do other activities.

My wife is a self-employed fashion designer. Imagine, our kids mostly wear highly individual self-designed and sewn clothes. Still, the majority are usually bought used. You can also get great branded clothes used from Babauba.

And no, our children will certainly NOT be teased because of us.
We don’t do all this just to save the last penny. But because it simply suffices.
My wife and I also buy about 30 to 60% of our clothes used. And she does that even though she is a fashion designer and I am an engineer.

The environmental aspect also plays a role in the matter of buying new or used.
It’s not always just about saving money.

So, maybe this has made someone here from our world of abundance and consumption think.