Categories
Financial Planning Germany financial products Post

Guide to Income tax in Germany

I have been asked to write about personal income taxes in Germany and the German tax system a few times. Things get complicated with taxes when you are an immigrant, like an NRI from India with income in India and work in Germany. How do you then pay taxes in Germany and file tax returns? […]

Categories
Financial Planning Post

The only money principles you need to follow

I have been quiet for the past few weeks, its for the lack of ideas and lack of structure in my life which kept me away. I went back to evaluate where my life was and where I need to be. This led me to write this post on the only money principles you need […]

Categories
Financial Planning Germany financial products Germany Pension Scheme Post

Germany Pension Schemes: What is Rürup or Basis Rente?

I am kicking off a new series on financial topics used in Germany. The first financial product that I would like to talk about is Rürup or Basis Rente (Rente in German means pension). We also explore common terms and their meaning to build up the concept of Rürup. Concept #1: What is altersvorsorge and Gesetzliche […]

Categories
Coronavirus in Germany Financial Planning Post Rant

Surviving Job loss in Germany : Read this!

It is all very convenient to write as a blogger to invest the dips, and I did this too last week! Lets get real, we are facing a very high chance of recession and job loss soon. Thus surviving job loss is a very real theme for so many of us. Why talking about surviving […]

Categories
Financial Planning Index Funds and Stocks Post

Staying sane when the Stock Market Crash has eaten your savings!

Couple of days ago I talked about Surviving Stock Market crash of 2020, the market, oil and bitcoin all are going down south. My portfolio is at -7%, 2.5 years of regular investing has vanished. It could simply go down further but it will not crush my Financial independence dreams. How can I stay clam […]

Categories
Financial Planning Index Funds and Stocks

Survival guide to the 2020 Stock Market crash

Today after three weeks of volatility, the markets, oil and bitcoin are all in a free fall. An year ago I had talked about the impending recession and the market was going all up! This morning we have the first red signs of the 2020 Stock market crash, some already call today as the Black […]

Categories
Financial Planning Progress Report

Investing is complicated. Read this if you agree.

When there are dozens of books and hundreds of blogs offering great advice, why do it still feel that investing is complicated? I hold a business degree, and have studied a little bit of accounting, cost accounting, financial management and economics. I have also been interested in economics for a while, and yet I felt […]

Categories
Financial Planning Real Estate

Buying/Selling Property in India as an NRI from Germany

This post is a little different theme from the usual ones, more focused on Indians who moved to Germany and need to figure out property/real estate matters in India. This is because I see these questions being asked in various forums about property in India as an NRI from Germany. ….am I an NRI? NRI […]

Categories
Financial Planning Personal Rant

When you fail to reach savings goals – Survival checklist!

I have a confession to make in this post. In the months of November and December, I failed to reach savings goals. I saved nothing in November and saved half of what I wanted to in December. Es ist mein schuld! It is my fault (schuld is also used as the German word for debt!) […]

Categories
Financial Planning Personal Post Real Estate

Why we have to delay buying our home

I have not been a keen imitator is template dreams, I still do not own a car, and have argued against buying an apartment at home. However, recent changes in the local European interest rates, changes in life situation and simply higher rents made me start believing that we could own a home. However, recent […]