Is the financing for the house calculated well enough?

I would be interested to know if you know your rate in retirement age for the repayment of the funds in the fictitious housing allowance account? Has the inclusion of this rate in the effective mixed interest rate taken place? Have you been made aware of the other disadvantages of Riester?

At the time, after extensive research, we consciously decided against a Riester model.

We have two children and spend at least 800 euros on groceries, you wouldn't believe how much bigger children eat.

Best regards
Sabine

With €300 for household and food, the two of us wouldn’t get by either. Well, we don’t need to be frugal, but I do spend €50 in the drugstore for toilet paper, cleaning stuff, and cosmetics. Then there are the drinks, almost all water and wine, as well as groceries. Medications are missing too.
The item for insurance is missing for me – with family and children there has to be disability, life, or risk insurance.
However, I find the lower fun item quite hefty: €300/month for holidays and leisure – there is potential to save there. Several years of garden work replace the holiday and the gym. The latter can easily be done very cheaply at home on a mat or on a forest path anyway.
And with €80 for the hairdresser... is the blowout done every Saturday, or how is that to be understood? You can shave men’s nape yourself sometimes, cut your own split ends, and do highlights with a friend for each other.
That might all sound ridiculous, but I really mean it that way.

Regards, Yvonne

We have never really spent more than 250 to 300 euros for groceries and household items as a couple. Sure, with a child/children, the amount increases, but 200 euros per week seems a bit exaggerated to me ....Well, depending on where you shop.

We have risk insurance. I think that item is around 30 euros.

Well, I only took leisure and vacation as a flat rate. Of course, as you say, it can be used for something else at any time. Since I have a super quiet location right by the river, basically every day outside feels like a vacation to me (fishing, kayaking trips).

Well, 150 euros for clothes was also just a value for calculation... Better too much than too little. But I myself spend maybe 250...300 per year... madam maybe a bit more... but it’s still manageable.

For the hairdresser, I basically included general care. For example, makeup... cream.
Hairdresser costs are rather 14 euros every 5..6 weeks
For my girlfriend maybe 40..50 euros every 3 months?

The best thing will be for you to keep a household ledger starting from the next first. All expenses, including the Euros at the baker or for lunch, must be written down. Then you can see where possibly too much is being spent and can, if necessary, take countermeasures.

Regards, Yvonne

90% breads and such for work. I have long since given up on the baker after I once calculated how much money I wasted before by being too lazy to prepare a lunchbox.