New rate twice as high - experiences

2022-10-22 21:34:16

I don't know what you spend money on or what eventualities YOUR life holds? D

But the main thing is to blurt something out, right? well, whatever now, that should be enough :)

2022-10-22 21:39:09

So, somehow everything triggered me. Especially the great statement "too little money for other things"

Then, immediately, someone comes along and accuses you of wearing rose-colored glasses and doing nice calculations, although you just want to understandably describe or explain your own situation.

As if it were envy that people with a "normal" household income can afford a house, although it should only be the top earners.

No one here knows the exact lifestyle of each individual and is very critical of every statement that does not fit their own view.

If you can live with that and are especially sure yourself that your calculation works out that way, then perfect!

Edit: had interrupted my post in the meantime, there were already new replies.. :D

2022-10-22 21:44:52

wow :D
So you are now the one who decides when someone has too little money for other things, right?
I'm curious.
From when do I have too little money? And for which other things?

I am aware that this topic is highly polarized here. Yup. Many say too high risk, many say it fits, many say never in their life, and so on and so forth.

But sometimes here people construct scenarios in order to go either one way or the other.
Everything breaks down at once. Exactly. The car won't start in the morning, engine broken, car wrecked. The bike is then also out of order, and because I can't go anywhere and want to do laundry, I see the washing machine is broken too. Exactly...
For MY case.
1. Company car with all benefits
2. New car from 01/22 with 5 years warranty...
If the washing machine gives up, well then there's a new one.

Right now, everyone simply gets the interest rate. That has nothing to do with ME. The current situation is just shitty. The banks themselves don't know where to go... the interest rate goes up daily. Yes, unfortunately that's how it is. But to interpret that as a sign that the installment is unhealthy, I think is exaggerated.

And directly building scenarios -> installment can't be paid, lawyer, bailiff... yeah... you can also overdo it.

I am fully aware that this is not a hooray scenario. But for all the "glass is half full" people here, a household income of €8,000 for this installment would be just okay... In what world do we have these conditions?

Somewhere here a few days ago someone wrote that this forum mostly consists of 20% upper class with corresponding income. I’m starting to believe that too. Everything that doesn't fit into these people's calculation is immediately unhealthy.
And then come phrases like "The OP has too little money for other things". Great :)

We don't have expensive hobbies, nor do we have to go on vacation 3 times a year for €15,000. We live just as we do now, and very well. It's just that less is being saved. For now. We also have enough buffer. Salary increases as well.

Here the devil is painted on the wall as if from now on everything would become twice as expensive and then stay that way for the rest of life.

I ask myself how our parents managed to build property back then... According to the opinions here, everyone should only live in a 60m² rental apartment.

And something else about all the % hunters here.

I am "accused" that about 40% is way too much. OK.
That means: with someone earning €8,000 it would be okay. But then 3x vacation is taken for €15k. The daughter's horse costs a hell of a lot. The two big cars from leasing cost a lot too. And the wife's weekly wellness trips aren't cheap either.
At the end of the day, he has exactly as much money left for groceries etc. as I do. And now? You notice it yourselves, right? These percentages mean nothing.

We live very well with €1,200 for groceries etc. Others can't get by with €2,000...

So, it somehow triggered me all of this. Especially the great statement "too little money for other things."

Nevertheless, I want to thank everyone again for the input. It helped me anyway.
Have a nice evening everyone.

Man oh man. What kind of ideas are these?
Even with €8,000 and children net, you don't just quickly go on vacation several times a year for €15,000.
And it's also not really enough for horse or sailing sports.
And even with €8,000 or more you don't have to drive a leased car; you can, for example, choose an older, fully paid luxury-class vehicle that no longer has significant depreciation.

2022-10-22 21:54:01

Just a question to everyone: has this ever happened to anyone? I mean several things breaking down at the same time that you can’t pay for with your current income?!

Personally, I have never experienced this with anyone.

With us, two out of three cars were once in the workshop at the same time. That surprised me too, but one was a warranty case that didn’t cost me anything (except time, of course)

2022-10-22 22:03:50

You can sail quite cheaply if it doesn't have to be a yacht. Dinghies and beach catamarans can be had for around 10k, sometimes almost new, Hobie 16 or similar can often be found for under 5k including trailer. Running costs for my Topcat per season are €190 for a mooring spot on the grass, €50-100 for the trailer, and another €100-150 for small parts (lines, rubber cords, shackles, etc.) and wear on the sailing gear. Liability insurance €50-60. All in all, most people probably spend more money on their gym membership ;)

Of course, there are no limits going upwards

2022-10-22 22:40:26

So you can sail quite cheaply if it doesn’t have to be a yacht. Dinghies and beach catamarans can be obtained for around 10k, sometimes almost new; a Hobie 16 or similar can also often be found for under 5k including trailer. Ongoing costs for my Topcat per season are €190 for the mooring on the meadow, €50-100 for the trailer, and another €100-150 for small parts (ropes, rubber cords, shackles, etc.) and wear on the sailing gear. Liability insurance €50-60. All in all, most people probably spend more money on their gym ;) Of course, upwards there are no limits

Thanks for the hint, I learned something new.... A Topcat wouldn’t be for me though, I prefer my e-fatbike....

New rate twice as high - experiences

st3lli83

Yaso2.0

Marvinius

Marvinius

WilderSueden

Marvinius