BLOG

GERMANY

ABOUT ME

ARCHIVE

Category: Personal Opinion on Financial Topics

  • High inflation in Germany in 2022 – Is real estate the best solution?

    High inflation in Germany in 2022 – Is real estate the best solution?

    Inflation in Germany in October was around 10% year-on-year. In the USA, it fell to around 8%, following a high of 9.1% in June. And if you look at individual commodity stocks, it looks like the high inflation rates won’t change anytime soon. The question for us investors now is: How to act? What can…

  • Improve your SCHUFA score: 8 tips easy to follow

    Improve your SCHUFA score: 8 tips easy to follow

    In this last article I spoke about the SCHUFA report and the SCHUFA score. Checking it regularly – once a year at best – is one thing, but keeping it as high as possible is much more important! Because practically every time you sign a contract, apply for a loan, open an account and in…

  • Which are the best free credit cards for expats in Germany?

    Which are the best free credit cards for expats in Germany?

    Most of my blog articles are written in reaction to what I experienced in the last weeks. So this one. I have newly received a letter from my bank, stating that I will have to pay a fee of several euro per month if I wanted to keep the VISA credid card I got from…

  • The best 5 reasons to have a financial cushion in Germany

    The best 5 reasons to have a financial cushion in Germany

    As you may have probably already know from my other articles, I am a security oriented guy. In my childhood, my family taught me the importance of savings as financial cushion and of a parsimonious life. As children sometimes do, I internalized these lessons and exaggerated the concept, spending (very little) money only for strictly…

  • The 5 most effective money saving tips I have used!

    The 5 most effective money saving tips I have used!

    In this post, I want to tell you the best 5 money saving tips that have helped me a lot and improved long-term my financial situation. Some of them are very concrete, others can be adapted to your own requirements. I grew up in a very parsimonious family: I can still remember we didn’t have…

  • My honest opinion on real estate crowdfunding in 2022

    My honest opinion on real estate crowdfunding in 2022

    Real estate crowdfunding: In view of great uncertainties and rising fluctuation on the world’s stock markets on the one hand and an extremely low interest rate phase for bonds on the other, investors are increasingly looking for alternative investment opportunities. This includes investments in real estate, which have already experienced an enormous hipe in recent…

  • Is Jobrad (or any other company bike leasing) really worth it in 2022?

    Is Jobrad (or any other company bike leasing) really worth it in 2022?

    Jobrad, German for “company bike”, is the ecological counterpart to the company car and is becoming increasingly popular as an alternative or addition to a private or company car. Especially in big cities, the company bike is often a good alternative to the car, avoiding traffic jams and parking shortages. In addition, those who ride…

  • My best advice #5: Keep track of your expenses: The big difference between rich and poor

    My best advice #5: Keep track of your expenses: The big difference between rich and poor

    As far as I know, no one has ever become rich by just spending money. To find out where my money flows or how much I spend for this and that, it’s in your my interest to know my expenses. In the following article I will explain why it is also good for you to…