How long have you been saving equity for your house?

  • Erstellt am 2021-05-03 23:44:32

Jean-Marc

2021-05-06 10:24:26
  • #1


20 years of marriage is already great. The average shelf life is 14 years. And even that many don’t manage, it’s just the average. People get married in their late twenties, then come house and children, and it ends in the early forties, I keep noticing this as a HR manager. The onset of a midlife crisis seems to make many nervous. Maybe the minimum age for marriage should be raised to 45-50 years.
 

Youale141

2021-05-06 10:34:31
  • #2
I have been a silent reader for a long time and am amazed at how easily many seem to have been able to save right from the start.
Currently, with a household income of 4500 net (only one earner, self-employed), we achieve a savings rate of about 1000€ per month. I always thought that was quite alright, but nowadays you can no longer keep up with, for example, increases in construction costs. The rest was simply spent. Holidays, cars, and everything that’s fun and costs money. If I had had to do without that, I would have really felt bad and asked myself why I put up with all this in the first place.

I believe saving habits really depend a lot on the background you come from. For my parents, money was never a problem; from today’s perspective, I would describe them as wealthy, and thus, of course, you get used to a standard of living in your youth where things like new cars, nice and frequent vacations, and, for example, frequent dining out are seen as completely normal.
Maintaining this standard of living later on with your own means proves to be difficult if you don’t make sacrifices in things such as the savings rate.

Everyone who saves the amounts mentioned here at a young age has my respect; it’s not for me.
I prefer to continue trying to improve my income.
 

Myrna_Loy

2021-05-06 10:35:04
  • #3
I also know two couples who built extra large houses in new housing developments for many children - and then the children never came. Not nice either. Much in life cannot be controlled.
 

mayglow

2021-05-06 10:51:24
  • #4


That is also one of the reasons why we don’t want to build right now. If we were to build, it would be with "children" in mind, but that would still be completely oversized for just the two of us. Our current rental apartment is a bit expensive, but otherwise fits perfectly, so we can still manage to stay here for a while ;)

The downside of "just see what happens first," of course, is that as a new mom/dad (or not quite so new anymore), you might also bring on construction stress. I know some families who built while pregnant and/or with toddlers, and that is often an extreme strain. But there will probably never be a perfect time anyway
 

Nida35a

2021-05-06 10:53:12
  • #5
Well, for example, in Bavaria you lose at least 20k for the cold rent. Then additional costs, another 2.5k. From the 80k, 67.5k remain. Then living expenses for 2 people about 2k per month is another 24k gone. 43.5k remain. Then subtract cars, vacations, and hobbies another 13.5k. 30k remain.

Fortunately, you didn't become a math teacher, which by the way is open to everyone, but who voluntarily becomes a teacher and annoys themselves with other people's children
 

pagoni2020

2021-05-06 10:55:50
  • #6

I keep reading about parents who feel burdened by their children’s studies. Why don’t these students (they are responsible adults after all) take the completely unproblematic student loan, which you get without any collateral and above all without mom + dad, meaning off the parental apron strings into your own life and invest in qualification. Maybe parents also just don’t want to let their children (adults) go into their own responsibility, away from the parents…
I know several students WITHOUT or with little Bafög who have done it quite consciously WITHOUT mom/dad because they don’t want anyone to interfere. As a parent, you can give something, but dependence on the parents I find inappropriate and the feeling remains that I (once again) wouldn’t have made it alone without the generous parents; a pity!
This great opportunity of the student loan for EVERYONE is often kept quiet, something that doesn’t exist in many countries!

With the student loan, quite simply, that’s how my two did it, all alone, like adults do. In hindsight, it was good that I didn’t have any money left for it back then. They are paying it back now that they have good salaries. For me, it is a healthy thing to invest in my own life!
Everyone can study here!!!

That might seem that way, on the other hand, I generally experience such students as more “resourceful” because they have prepared their lives all by themselves and can be proud of that.

A very important aspect!!! Abroad, I experienced dramatically that “richer” children were clearly preferred even with visibly lower intelligence, and thus much “quality” in the country was wasted. The result is that more and more dumb “rich” stayed among themselves, put simply; such tendencies or results can be observed in many countries, by the way.

If only they really “traveled,” meaning experienced life and were not on a paid long-term vacation. I often hear about hotels, bungee jumping, two weeks elephant feeding, then two weeks playing with poor children, and then a few weeks on the beach because of the previous stress. This has meanwhile become a highly profitable business branch worldwide, and orphanages are established exactly because of this Western fashion. A documentary about “poverty porn” once showed this shocking perversion. With real, responsible “traveling” (not parent-paid vacation), young people experience and learn something meaningful for life.

That is a bit too whiny for me and almost reminds me of Peter Ustinov’s “Quo Vadis” :D.
Why should I feel envy for something that only plays a secondary role in my own life? Sometimes I miss the awareness described by :

Thanks!!! THAT is the magic formula and you don’t have to explain or apologize for anything – just feel good!

Sure, there is envy, that is human but not exclusively German as is often spread. But apparently, there is also this almost compulsive urge to present oneself as average, i.e. not better off, or to be ashamed of the existing prosperity; possibly this comes from the fear of said envy. But for this fear, I am not responsible, nor is the actual “financial average Joe,” these worries would have to be worked on by the affected person themselves.
It is a strange development for me that almost everyone wants to have a leadership position or already has one, but in private life likes to count as the very simple Indian (see Merz’s airplane logic); but the real simplicity of the Indian is not really wanted to be lived.

It’s bad when you are confronted so directly with different people’s situations, I understand. A downright silly phrase about the always envious Germans. Bad news: Exactly THAT is rather German, namely feeling envied and therefore bad… but others cannot solve that for you.

Blubb.......
 
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