Mitleser123
2022-06-17 09:20:48
- #1
On the topic of special repayment or consumption: I am currently also wasting a lot of thoughts regarding this topic. My wife is currently on parental leave and receiving parental allowance (divided over 24 months). My income + the parental allowance is currently enough to get by well and there is still a "small" surplus.
My repayment plan has always been to repay 2% and invest the difference to 3% repayment in ETFs.
However, I am now seriously asking myself whether this really has to be or whether I should simply consume the difference when I consider that in 20 years my outstanding debt will be worth less due to inflation (assuming that salaries will also eventually rise as an engineer). And at some point my wife will also work again 20-30 hours (in 2 years or, if child 2 comes, in 5 years, then one could repay more or invest more in ETFs again).
I just can’t find peace on this topic.. Especially when I see that at 50 I would still have almost 200k outstanding debt if I only repay 2% now or in the next 2-5 years. But this will of course change again when my wife works part-time again.
My repayment plan has always been to repay 2% and invest the difference to 3% repayment in ETFs.
However, I am now seriously asking myself whether this really has to be or whether I should simply consume the difference when I consider that in 20 years my outstanding debt will be worth less due to inflation (assuming that salaries will also eventually rise as an engineer). And at some point my wife will also work again 20-30 hours (in 2 years or, if child 2 comes, in 5 years, then one could repay more or invest more in ETFs again).
I just can’t find peace on this topic.. Especially when I see that at 50 I would still have almost 200k outstanding debt if I only repay 2% now or in the next 2-5 years. But this will of course change again when my wife works part-time again.