Is it self-sufficient to have drinks, sweets and clothes imported from the USA for you and your girlfriend even though you recently had a child? Of course I also take care of the child as often as I can, only my parents keep saying to me: Save your money for your child and forego your needs, but my in-laws tell me you have to treat yourself to something, I have I also pre-ordered a Ps5 and that bothered my parents because it's 500 euro that are missing for the child (my girlfriend and I earn quite a bit together) we can afford a lot, but my parents may be right or is that okay if you treat yourself to things and also import things and get a console?
I can't look into your finances and your living conditions, so your question is unfortunately a little underpinned.
Basically, as a family man, you now have to provide a somewhat more solid basis. You will be permanently subject to a higher financial burden, and at the same time unforeseen things can happen again and again - in my environment, a family has to buy an orthopedic device for their 9-month-old child for € 3000, which they then throw away in six months can because custom-made.
Be honest, do you have 5,000 euro "nest egg" available?
I also assume that one or both of you might take parental leave or reduce hours = lower income. Not to forget, the recession in our country is only just beginning.
In the situation now, marching off and ordering something frivolous like clothes and sweets from the USA, I think that prioritizing is pretty wrong. A PS5 that is just coming onto the market will at least be able to amortize its value over a long period of time.
Either way, you don't have to become an ascetic monk, but you may need to control your impulses better.
Yes, I don't take all the money at the end of the month and then spend it that way, I don't mean it, but for example if everything is covered for the child, be it food, clothes, diapers, etc. Or be it money in his money box or in general Reserves that we make, everything is done but my parents claim that I should put all the money aside for the child, even after the explanation that I'm now making here, I always ask questions and we can also take care of our child, me I'm not on parental leave, I have a courteous boss who is very nice and courteous, I worked a lot of overtime for months and had almost no vacation all year round and now that the child is there, I got a lot of vacation and overtime off.
As I said, I can't look into your exact situation. If you have $ 2,000 + over each month, then my goodness, buy yourself wat de will.
I can only tell you in general that you should always have at least a little more provisions for the next 20 years. Of course, there's also your personal wealth accumulation, or do you want to work until you are 70?
Yes, I take precautions, I work as much as necessary so that my family (girlfriend and my child) and I can live well. Yes, you're right, I have more than 2,000 euro a month what only unsettled me are the statements made by my parents.
Note: I meant € 2,000 left after all costs ;-)
Well, your parents already have a little more experience when it comes to financing children. How about if you just talk to her that you go through the financial one together…
Personally, I've always liked to save 10,000 euro for emergencies. If you have so much in reserve and continue to earn more than you spend, no problem. 10,000 is maybe even a bit much, but especially with three people, something can quickly come together in an emergency, so the emergency cushion should be a bit bigger.
In any case, you can of course treat yourself to something. Not necessarily a new console and similar expensive things, but if you have decent savings and continue to earn more than you earn monthly, treat yourself.
But if you have only saved 1,000 or 2,000 now, I would at least put back a few more months until you have at least 5,000. In my opinion, this is the minimum that an adult should have for safety.
Remember, you should actually have to put money aside now for the things that parents should give their children by their 18th birthday at the latest, namely
good English knowledge
Year abroad (optional 0
good IT knowledge
Driving license
Car (optional).
Add up what comes together. It was previously said that parents' expenses for a child up to their 18th birthday are so high that they could afford a well-equipped Porsche for it.
If you can afford that without any problems, it's okay to do something for yourself.
Just make sure you have a few thousand on your side in case of an emergency. Perhaps you will also set up an account in which you put a little something away for your child every month. In the course of life there are some more expensive items (car, driver's license, maybe studies, etc.)
Your parents are just worried. That doesn't usually change when you grow up.
Yes, but my parents are extremely worried
Yes money is put aside anyway
Nene, i could have 10,000 euro a month aside, even then my parents would say nothing for themselves, but everything for the child
