Hello. I am currently living in Germany for work, and trying to be responsible with my expenses. I am trying to save as much as I can from my salary, considering one quarter of it goes to taxes (not complaining; it is a great system that works back for the people).
I currently don't have a permanent residence, so I am living in hostels. The cheapest I can find, offer me EUR 11-12 per day for now, and in March and beyond the prices are jacked up to EUR 18-20 per day. When the cost reaches EUR 18-20 per day levels, I have worked a schedule that allows me to keep the "monthly" rent for staying in hostels below EUR 400 (so around 10 days out of month, managing somehow).
I was wondering, what would you consider a reasonable living cost per day, apart from the above rent? I am maintaining around EUR 6 per day for now (trying to combine /r/Frugal with /r/EatCheapAndHealthy and /r/veganmealprep [I am vegetarian because of culture and stuff]). That puts me around EUR 600/month. It might go up to EUR 700/month for some months, depending on where I find temporary accommodation, when living in a hostel is too much.
I top-up with a EUR 15 card, that stretches out for months. Internet I have through the hostel.
I want to save as much as I can, because at my age (29) I can still afford compromises for more savings. Owning a small 1 BHK house/apartment is a distant (really, really distant) dream, which might not happen until 2-3 decades from now.
Anyone here from Germany with any tips and/or advice on how to be smart with expenses?
January 25, 2017 at 05:54AM
