When the dream of the house bursts

Overall, there will be no universally valid solution anyway, especially on the topic of money.

What works for one person is different for another. The only common denominator is that there can be no common denominator.

But to follow up for myself, are building savings contracts even worth it nowadays? I have absolutely no knowledge about this, I only know that you invest money for 4-7 years and then get more back. Correct me if I'm wrong

Yes, there will be, you have 2 levers. Reduce costs or increase income. Ideally both.

This is the same for private individuals and companies.

You have to decide for yourself what the ultimate is. Although with your income, a €40 building saver is of no use.

Hmm, what would be the motivation of a bank to lend you money for free? Except for benevolence, I can’t think of anything, and I simply cannot reconcile that term with a bank. Hence the skepticism [emoji6]

Absolutely justified.

To my knowledge, my aunt worked at a bank for years, it’s about potential follow-up business and the hope to catch a delinquent payer in the current times. If the installment is not paid, the financing is often terminated immediately if payment is not made within 1-2 weeks. If no money comes in, it goes straight to debt collection. And my personal experience over the past few years is that not paying installments seems to be the norm. Even if it’s just late payments.

Again what learned [emoji4] Thank you!

yes it will, you have 2 levers. Reduce costs or increase income. Best both.

This is the same for private individuals and companies.

You have to decide for yourselves what the ultimate solution is. Although with your income a 40 € building savings contract doesn't help

This is not about me/us at all!!!

Once again, a request to you. Please read through the topic. I am not looking for help, I am participating in the conversation.

It's really like that. We pay exactly what is on the price tag and not a cent more. If I'm wrong, enlighten me.

Yes! And when I say at the place where they offer 0% financing that we pay in cash, I get a hefty discount. But you pay the final price. Who comes out cheaper?

Yes! And if I say there, where they offer 0% financing, that we pay in cash, I get a juicy discount. But you pay the final price. Who gets it cheaper?

Absolutely right, but then that's a discount for early payment or simply bargaining. Still, the item doesn't cost more than what's on the price tag. What is more sensible now is obvious.