Comments by "" (@steemlenn8797) on "" video.

  1.  @ochala9541  Judging on the comments all of those channels are overwhelmingly watched by Germans.
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  2.  @autohmae  They often have the education. They just choose to not act on it. Buy a small, slightly used car for 10K or a new big one for 40K? That's (if invested) 100 dollar per month in eternity more. You can tell that, show a 2 hour presentation, let them write a test about it including the math... and the next car will be a 50K truck because they "deserve it". Or the daily coffee from starbucks. They can get perfectly fine, good, free coffee from their company, but instead they drive to a starbucks in their break to pay a huge sum for a bad coffee. Not to mention to CC debt. If they didn't pay interest on it, they would have more to spent. That easy (and in my eyes not good) calculation, even that get's ignored!!
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  3. WOW! 160K??? Let's say both would have gotten a small car costing 1/10 of that... let's round for 20K. That means there is 120K or, if invested, according to 4% rule, 400 dollar per month for eternity that they could have additionally! btw. that one starbucks coffee per day for 2 people adds up to the same amount. As is eating out. The "small" things are adding up fast and heavy.
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  4. The USA has one of the lowest (if not the lowest) social mobility of all developed countries. The highest mobility is - surprise - in the "socialist" Nordic countries where people pay high taxes if they can afford it and get helped a lot when they need it. Or in other words, where skills and will actually play a role and not inheritance and pedigree.
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  5. Not quite right. You are not insured in an "450€-Job". That one was (officially) intended as a second job, so you don't pay Sozialabgaben.
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  6. My eyes are often bulging out with the hello fresh ads, when they effectivly say "save X amount" and X is always just sliiightly under what I pay at all. I don't think they will send me their stuff for 20-50cent per meal ;)
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  7. Small town in Eastern Germany. 62 renovated m² for 500€. Or in my old town there was an offer for empty 70+m² appartments for 240€ cold - the ones on the 5th or 6th storey in the "Plattenbau".
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  8. Your numbers are outdated. Minimum wage is 12€ now. Which is 1400€ after taxes for single. You can easily live on 1000€ as a single. I know, because I do - in a small town, not Berlin. But if you only earn minimum wage in Berlin, maybe it's time to change something? Job, place where you live, or talking to your boss about a raise? But even if not, I think for ~800€ you could find something livable in Berlin, too. And still have money left at the end of the month.
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  9. Oh yes, the internationally renowed Pepperdine University, who hasn't heard of them and their world class education? 😂 That's probably what the educiton of a student for his whole degree costs here in Germany. How can they demand such prices?
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  10.  @janreichenbach265  I was talking about the total costs, not the costs for the student.
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  11.  @ervie60  I always explain the difference between average and median by having 10 people. One has 10 million. 9 have nothing. On average you have 10 millionaires. The median is 0.
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  12. A Haftpflicht is cheap. Mine runs at 7€. Hausrat? why? In the rare case of a fire, just buy new from the money you have saved instead. Or if you just moved out from your parents, either ask them or live with Getränkekisten as furniture for a year or two.
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  13. MrMoneyMustache in case you don't know. Doesn't do much anymore, but you can simply start the blog from the beginning. Give your old consumer sucka self a much needed facepunch!
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  14. If you want to feel better, remember: Every dollar debt is a dollar wealth somewhere else.
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  15.  @annamc3947  I guess Phil means the loss in worth that is extreme in the first year. Or in perhaps more German words: Your car loses 20% of worth the moment you drive on the street in front of the dealer.
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  16.  @mogon721  The grass is always the greenest in Shotland.
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  17. With 12€ and 40h you would not get Wohngeld anywhere in a 200km radius around here. And certainly not for 370€, when Munich as the most expensive level 7 area gives you less.
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  18. That is what I always say to those people complaining about Munich prices. Yes, you easily pay double as much as I do for renting (more like triple), but the median income is also double. If I earn 1500€ and pay 1000€ to live, I still have 500€. If I earn 3000€ and pay 2000€, I still have 1000€ left, so don't complain about the high costs. But if you can't afford to live there because you only earn minimum wage, then come here. Or get another job because minimum wage in Munich!?
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  19.  @udomann9271  So simply work in a town that hasn't overblown housing prices. Nobody forces you to live in an overpriced area and/or this single line of career. That is your decision.
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  20. Finally someone very similar to me! I also live in a small East German town, 62m² for 500€ (luxurious for 1 person, I know, but there is so much empty...). I heat the living room, why should I e.g. heat the kitchen? I'm only in there for 20 minutes at max at a time, and less than 1 hour per day. My car is the smallest class, bought slightly used. Office is in walking distance. Cheapo phone with cheapo contract. It all adds up... To less than 1000€ per month regular expenses, including mathematical car costs.
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  21. Worth of the car? Worth of the car you hit? (All those big trucks etc. are insane from the price!). Number of crashes? (I think 4 times higher as in Germany - more miles per person and also stroads). People injured or killed due to bad design with US hospital prices? So having a x2x4 higher payment is totally logical. Your 450€ would be 3600€ in those circumstances, or practically the same amount per month in dollar as the US value.
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  22. Health payments if you are gettign sick is after take-home payment and regular living expenses. Same goes for car repairs or vacations.
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  23.  @kilsestoffel3690  Just come to a small East Germany town. 500€ for a renovated appartment in the 60s m² with a children's room. ALDI or EDEKA or something like that in 1km radius. I live in a solid brick 60s house with that.
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  24.  @kilsestoffel3690  Get them over here! We already have the oldest population, they will feel right at home!
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  25. I do use my TV once a week for ÖR docus. Otherwise I just take the computer.
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  26. I don't think it will suprise anyone that, while single parenting in Germany is financuially hard, it's even harder in the US.
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  27.  @cineffect  LOL It's amazing how many people believe this. The highest social mobility in the world have the "socialist" Northern European states. The US has one of the lowest of OECD countries. You can go to the Wikipedia and search for "Global Social Mobility Index". I don't like that one since it also includes e.g. corrution in the calculations, which is not necessarily a social mobility inhibition factor, but it's not like other studies will have a vastly different result. In this Index, the US is on place 27 of 82.
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  28. Unfortunately for every Mustachian there are at least 10 conusmer suckas in their mobile thrones.
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  29. Why do I have less for groceries and practically nothing for pulic transit? Probalby I shoudl live a more average, cunsumer sucka life instead of a real one?
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  30. Keeping up with the Joneses (who are often unable to keep up with their bills) is one of the main factors for the paycheck-topaycheck trap. There is an old classic "The millionaire next door", you should have a look at it. The numbers and some stuff are greatly outdated, but the rinciples hold true.
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  31. If you don't use electricity to heat (water or room), which is the most common type, than 1500kWh per year is the estimated average. I use slighly above that, closer to 1600kWh - but I work from home, always play computer games in my free time and I donate CPU power to science. The last one alone is about 10€ minimum cost. I pay effectivly 60€ per month. So the 40-50€ seems accurate.
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  32. Come to East Germany, in a small town. Get a better one for 1/3 of the price!
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  33. That depends. I hover around 100€. I only drink tap water and I happen to like bread and rice (which are cheap) and hate cooking, so I don't do fancy (expensive) stuff.
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  34. You are giving half of the answer to your question yourself.
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  35. Expenses really depend on where you are living. I life in a small East Germany town, and since there are so many empty appartments here, I can rent a 62m² 2,5 room one for 500€ (inkl. NK). And since the office is in the same small town, I can simply walk (or WFH). Driving an older, used bought car combined with very low usage also means I can get by fairly cheaply on transport. All in all my normal living expenses are under 1000€. I do wish there was carsharing here like the stadtmobil from the video. You should think villages are the prime spot for those, for everyone who does not need to drive to work, especially if it's the second car that could be kicked out. Since my car is so cheap, it probably would not make a monetary difference, but I would love to not have the hassle associated with it.
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  36. "The Millionaire Next Door", happy to see a real one. (Get that book if you can for cheap, you don't need it, but it is interesting.)
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  37. Similar here in East Germany small town. 600€ for luxuriously big apartment for 1 person, including all energy costs and internet+phone. Since I also work in this small town (that's why I moved here), my car costs are ~100€ including depreciation and insurance, since I drive a small used one, and that not very much. I have median income and save at least 1/3 of it. 400€ are going directly into ETFs every month, the rest is whenever I reach a full 1000€ with the rest money.
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  38.  @Jila_Tana  In Germany it's usual to get a usage calculation only once per year, and based on that a "Abschlag", your monthly rate is calculated. My gas for warm water (seperate) was increased at the start of alst year and again half a year ago because of the war effects. I now per double per unit as before. Still negligible since only warm water. Heating for the last period has not arrived, I think my current landlord does March 31 as cutoff. Prices have surely risen but I don't know how much. Since I always got back a lot in the past, I guess it will roughly be at 0.
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  39. I would not recommend thrwoing away your money for such a service regardless of whatever. The amount "you can save" they advertise for is what I pay at all.
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  40. WILL GET is an important part. Or do you calculate your living costs today based on the UBI/BGE that will be introduced in 2043?
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  41. Yeah, it's a well functioning trickle-up economy, defended by literally generations of senators or even presidents.
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