Retirement provision and children's education in financing?

  • Erstellt am 2022-01-22 20:22:01

Myrna_Loy

2022-01-23 12:37:58
  • #1
Grandpa talks about the war… it didn’t hurt after all.

Since the introduction of the BA/MA degrees, it is no longer as easy as before to finance one's studies independently. Mandatory attendance, fixed exam sequences, higher exam frequency, and strict standard periods of study hardly allow exceeding the standard period of study anymore. And rents have risen massively in all university cities.
For 2021, evaluations by the student services indicate that at least around 650 euros per month are needed in cheap cities if you still live at home. A medical degree in a big city averages around 1,600 euros per month in 2021 if rent has to be paid.

We have financed in such a way that, in addition, we provide for our old age, among other things with stocks and insurance, and save/invest the child benefits for the children.
 

leschaf

2022-01-23 13:23:47
  • #2
The topic concerns me as well. I am extremely grateful to my parents that I didn’t have to work during my studies. So I only had a student assistant job for one year to save money for the year abroad and could otherwise concentrate on my studies. That opened many doors for me (not least because of that, a very good degree and consequently the opportunity to pursue a doctorate) and allowed me to experience a lot (for the mentioned year abroad, my parents also advanced the tuition fees (4500€), which were later reimbursed through [Auslandsbafög]). I would like to enable that for my children as well. Although we live in a university town, I do think that children should have the opportunity to study externally.

My idea is that by then we will have finished financing - fortunately, the studies will not affect our pension. Unfortunately, the idea becomes more unrealistic with each additional year of house hunting... we’ll see.
 

pagoni2020

2022-01-23 14:33:39
  • #3
Unfortunately, such discussions usually quickly slip into extremes, as if there were only the caring model parents on one side and the selfish child-haters on the other; there is currently an interesting book on this topic by the generational researcher Rüdiger Maas.

If you offer your children their own house as a "home," they will already experience a significant quality of life just from that alone. If you give them enough time and attention as well as the opportunity to truly develop freely, most of the work is already done. Exactly that many children today are no longer allowed to do, because there are clear, tangible guidelines and expectations from parents, combined with those of peers competing at the same age. How one can burden their children so heavily with such statements and weigh them down with guilt is beyond me; I know numerous young people who tell me that they, for example, have to finish their studies quickly and well because their parents are paying for it and therefore have to make sacrifices. And just like that... the children are no longer free, also because parents like to keep their children tied to them for as long as possible.
The current fact that there is virtually no parental (and always audible for the children) planning mentality without a university degree seems to me at least completely unrealistic and also an overreach on the children, because with such "requirements" no other idea than studying can develop; everything less than that is virtually not worth living or insufficient, what nonsense!

My son, who graduated high school with top grades, dropped out of two degree programs without our knowledge and still doesn't have a degree, which initially shocked us. Today, he has his own small business and is thriving. The second child, after a "crash" etc., eventually "recovered" from the gymnasium through a few detours and is now in a top position that nobody could have imagined, but above all, both are doing well personally and we have a great relationship.
Due to divorce and other circumstances, there were no additional funds for studies; they had BaföG and student loans. We felt very bad about that because many children received significant funds.
Why the very simple and luxurious option of student loans is not used nowadays is beyond me because why shouldn’t and couldn't a young person invest in their own qualification and then repay it later from their higher salary, WITHOUT having to meet sometimes excessive hopes/wishes of the parents or being grateful for life? It remains: without my parents, I wouldn’t have made it – simply sad for the children.
It is always a question of how and why, and if I explain the situation or my perspective to my children and make it understandable to them, I see no problem in one path any more than in the other.
I still have plenty to do with young people and can therefore recognize for myself that more financial support does not necessarily lead to more personal development and stability. Rather, I experience that many young people have problems maintaining the previous standard of living as adults, which often drives them back into (partially secretly desired by the parents) dependence; but that should actually be the opposite goal.

I absolutely agree with you when referring to what is legally required. So if you had to "force" your parents to assert your right, you did the right thing; it’s still sad though. Just as it is often forgotten the other way round that one has duties towards their parents and no entitlement to things (money, property...) during their lifetime. Both sides should respect their duties here as well, then everything will be fine again!

Sorry, a downright cynical comparison. My father was in the war and, like most other sufferers, unfortunately told nothing about the war and the suffering, which would certainly have been better for us as a family and children. Nevertheless, I enjoyed an absolutely modern and open-minded upbringing for those times, something that many parents nowadays would first have to emulate under these luxury conditions. The values conveyed back then should be considered just as much as newer findings on the subject of upbringing. Neither was everything better before nor is it better today; I always like to advocate for Loriot’s "stone gray."
By today’s common standards, we would have been negligent parents; however, the relationship with our children, as well as their professional AND personal development, is quite decent despite our apparently inadequate support; sometimes we pity those parents who today often vainly demand a certain kind of thanks from their children that is not really owed to them.
My recommendation: Don’t let your hairstyle be messed with or unsettled and follow your own healthy common sense; what really matters for the children is certainly not counted in euros!!!
 

Sir_Batman

2022-01-23 18:28:09
  • #4


This is ultimately regulated by the Düsseldorf Table with corresponding amounts. The Munich loft will not be financed through that. And if the 30m2 single apartment in Jena costs 400€ and the parents have the corresponding ability to pay, they cannot insist on a possibly cheaper 11m2 room in a shared flat at the station square. And as far as I know, they cannot determine the choice of study location either.
 

pagoni2020

2022-01-23 18:40:02
  • #5
When a discussion between parents and child has reached such a hardened stage, then something must have gone wrong long before, whatever that may be. In the end, it will be just as difficult to get the right as in a dispute at a construction site; it can drag on and in the end there are usually no winners and at some point the other side shoots back again........ This is similar to when a grandpa would have to demand care from the offspring; theoretically maybe possible, but in practice nonsense. There are probably just as many parents who do not behave appropriately towards their children as there are children who can’t wait to finally blow the money from the old man.
 

Tolentino

2022-01-23 19:14:00
  • #6
no, but the way maintenance is granted. Take a look at articles under the search term "Bestimmungsrecht Unterhalt bei Volljährigkeit". Especially the rulings of the courts are quite surprising.
 

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