As soon as you start earning money, day-to-day costs also suddenly increase as you are no longer entitled to many benefits or student rates. For example, you are no longer insured by your parents’ liability insurance, child benefits fail to materialise and you need to start paying back your student loan (if you took one out).
Don’t panic!
Although you might be overwhelmed by the many costs stacking up, it’s important to look to the future and check off the following two points:
MIA is free, sorts your spending into categories and automatically calculates how much money you still have left per month.
It doesn’t sound very appealing to think about old age now, does it? That’s true, but if you want to enjoy your retirement and newly-won freedom with holidays and all the associated benefits, then you've got to think about it. State pensions are nowhere near enough to be able to give you the standard of life you want in old age.
Thanks to a private pension scheme, you provide for your future with regular savings deposits. When the agreement matures, at the earliest at 60, you have the option of a one-off payout of the collected assets of a payout in the form of a monthly payment (for the entire amount or a partial amount of the collected assets).
You also already get something from your private pension scheme today! You can offset a maximum of 3.200 euros of premiums paid against your taxable income per year.
You don't want to spend eternity living with your parents or paying rent? Then you'll face the question of buying your own home one day! With a building loan agreement, you can save to purchase, build or renovate a home over several years. Here are three good reasons why you should take out a BHW building loan agreement:
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Do you find yourself brooding about your financial situation and not achieving your goals for saving and investing for your future? Making a financial plan can…
Are you entitled to a tax refund? Discover if your situation calls for an annual statement!
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In February you received the famous letter from the Tax Administration asking you to submit your tax return for the previous year. From now on, the deadline…
You can't think about School Savings Day ("Fêtes de l'Epargne Scolaire") without also remembering the "Spuerbéchs"! Most of us…
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In order to facilitate the transition to sustainable, cleaner mobility, individuals benefit from a government bonus for the purchase of a self-propelled…
You want a new car but without taking a loan? We have different options - choose yours!
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New year, new resolutions! What if you didn't wait too long to take your personal finance resolutions in hand?. After Christmas and the New Year with…
Are you looking for a more spacious car to accommodate your growing family? Or perhaps you’re after a particular model, and want to get a good deal? Whatever…
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We all need a financial literacy. Teaching children the basics about how money works, its value and why to save it can spare them so much hassle as adults.
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With Axxess you will automatically receive a debit card, and from the age of 15 you can apply for your first credit card. Do you already have a payment card –…
