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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? […]

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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 […]

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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 […]

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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 […]

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Post Progress Report Series

Savings Update – October 2019

Its that time of the month again, when we share our savings update! Last month we posted a savings rate of 45.7%, but as I had mentioned our savings rate is not as high in most months. Our savings update for our individual savings this month were: Earner Savings Rate Mr A 21.1% Mrs A […]

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Financial Planning Germany financial products Index Funds and Stocks Post

What is a Sparplan? What is Mr A really doing with his Sparplan?

Sparplan (I am so tempted to add a meme on this is SPARtaa..) is the way out of automatically managing your investments each month. It is an equivalent of a SIP (Systematic Investment Plan) if you are an Indian investor. ….when I login to my bank account, I notice two options, geldsparplan and wertpapiersparplan. What […]

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Post Progress Report

Savings Update – Sep 2019

Time for our first savings update, we had been trying to be more efficient for a few months now but it was to complicated too calculate for many reasons. As a result, its only in September that we are able to properly do it. One important rider, we weren’t super frugal, we still ate our […]

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My Money Mistakes Personal Post Series

My Money Mistakes – 2019 edition

While we are on the topic of my relationship with money, I would kick start the series of My Money Mistakes and make it an annual edition. The year is yet to close, but I think I have already done the worst ones. Each year I make stupid money mistakes, which I mentally tag into […]