How much does a small car cost per month?

You ask yourself "How much does a small car cost per month?" A small car can be maintained for less than 200 euros per month. This includes all costs for fuel, maintenance, taxes and insurance. These costs, also known as the maintenance costs of your car, amount to around 160 euros per month for a small car. In addition, there is the loss of value, which with a ... Read more

Which car at 1000 euros net? – 11 cheapest cars

Which car at 1000 euros net?

You ask yourself "Which car can you afford with a net wage or salary of 1,000 euros?" At 1,000 euros net, a used small car up to 5,000 euros is an option. If you can pay for the car in cash, you'll lower your future monthly expenses. However, you can also finance a cheap used car with a salary of €1000. Thereby amounts to … Read more

Debt Advice: A Lifeline for People in Financial Distress?

Schuldnerberatungen: Ein effektiver Rettungsring für Menschen in finanzieller Not

This page compares the results of four social science studies that examined the effectiveness of debt counseling. In order to assess whether debt counseling is a lifeline for people in financial distress, we compare the effectiveness of debt counseling in four dimensions. The effectiveness of debt counseling is measured in 4 dimensions: economic, financial effectiveness, psychosocial effectiveness, ... Read more

Credit Collateral: Pros and Cons

Kredit Sicherheiten Vor- und Nachteile

Whether it's a loan for retirees, a loan for students or a loan without SCHUFA: Credit collateral is an important design element for loans. Credit collateral is shown in this article. Collateral can be used on a loan to get a loan at all, or to get better terms. This is how loan collateral plays a role in loans for pensioners, loans for ... Read more

Lower credit rates: four options

Kredit Raten sparen

In recent weeks, many people have had to make do with significantly less money than they are used to due to the corona crisis. If you have to pay off loans in such an exceptional financial situation, you have four options for reducing your monthly loan installment burden. Find out what they are and how you can permanently pay less interest on your loan... Read more

Compound interest effect simply explained

Der Zinseszinseffekt kann stark zum Vermögensaufbau beitragen - Wenn du ihn verstehst, kannst du ihn nutzen

The compound interest effect is the central building block of any asset accumulation. Only if you understand how it works can you make your money work for you in the long run. This is the working principle of compound interest. Money becomes more money and even more money. Because the effect is so amazing, it has also been used in the past as... Read more

Junior depot comparison 🥇 The best children's depots & guides

Junior Depot Comparison

With a junior custody account, your child benefits from the asset growth of securities with the help of the tax authorities. Therefore, with such a children's depot, you offer your child the best possible start into adult life. As soon as you have the financial means to do so, you should think about saving for your child. Due to the lack of interest, it is also advisable to think about securities... Read more

A call to save for low earners


At the turn of the year did the costs increase again? The dispo is already back on the attack? With this reality, unfortunately, a large number of Germans are affected every month. The bottom half of German citizens own just one percent of national wealth. According to surveys, every third person is concerned about whether they will have enough money in old age... Read more

Compare checking accounts – save 100 euros

A large part of the fees can often be saved by a low interest rate. Some banks that offer a free checking account only charge a relatively low interest rate. As a rule, these are direct banks that do not have their own branch network. They pass this cost advantage on to their customers. Furthermore, many providers also offer a free… Read more

Compound Interest Calculator - Calculate interest with monthly savings rate

Zinseszinsrechner: Berechne deine Zinsen durch den Zinseszinseffekt.

Using the Compound Interest Calculator Why did I create the Compound Interest Calculator? The compound interest effect is an important helper when it comes to long-term wealth accumulation. This is known to many people. What is less known is the actual strength of this muscle over long periods of time. The compound interest calculator makes it clear with just a few entries how strong the compound interest effect actually is. To of… Read more

Invest money with autopilot – the slipper portfolio

Die Spur halten. Mit dem Autopilot gehts leichter.

Do you already know one of the simplest investment strategies? Stiftung Warentest calls it the slipper portfolio. Others speak of a broadly diversified passive investment strategy. The video summarizes the key facts in just under 3 minutes: Getting started: selecting a depot Before implementing the slipper portfolio strategy, you need a depot that is as cheap as possible. Find the best depots here (note: Flatex is in … Read more

How big is your pension gap?

By what percentage does the last monthly net income before retirement exceed the pension? This number is regularly recalculated by statisticians from the German Institute for Old-Age Provision. The number is also called the pension gap. Retirement income: 3-pillar model Ideally, retirement income is not based solely on statutory pension insurance, but is based on the following three stable pillars: Statutory ... Read more