9Mon·

The Fairy Tale of Rich Germany 🇩🇪📉


A wealthy and professionally very successful person once gave me some advice very many years ago. He said, "Always go where the money is." 💵💵💵

He knew many people from the past who did not have this prio and now have more problems and less prosperity.


>> Opinions?


#Geld
#Finanzen
#Vermögen
#Fintwit

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62 Comments

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Hey, for that we have secure and higher pensions later.
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It is not surprising if more and more young people in Germany move out at a very early age and are unable to save given their entry-level salaries and lack of financial education. In the countries further up the ranking, young people live with their parents for longer and are able to accumulate assets before moving out.
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Since I heard that supermarkets plan their utilization based on salary payments (significantly more utilization at the beginning of a month because people don't have money for food towards the end), I don't believe in German prosperity anymore anyway. The fact that in the chart 16-20 year olds only have 10k put aside I understand. For a 34 year old with 10k in the account/deposit/savings account/whatever there is just no excuse. And these are based on the household, i.e. all the double earners are already included. Unbelievable, but we will see it in the future, when the pension system collapses, our generation (if it has not provided for) slides into poverty and the state either expropriates us or worse.
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I would be interested in how it came to this, in my head countries like Italy Hungary Croatia Poland etc. are significantly less wealthy than Germany is it due to consumer behavior vllt who can explain it to me.
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at least austria is number 1 in the list of the most unfriendly countries
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Am z. Z abroad, and at the thought of Germany comes to me just the blank kotzen. The call of the homeland is always greater in me. Germany has so ready 🤷
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Since it is the median, one could also conclude that the distribution is very unequal in Germany. The average as a comparative figure would still have been interesting, how much the richest would lift the average. I assume right-skewed distribution, but without the whole curve or at least the average difficult to estimate.
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Why don't I just move back to my home country Croatia.... :D
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After all, we are right up there with the Gini coefficient 🤟
It's pretty meaningless without context.

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