1Mes
In the end, the important thing is that you have recognized the things that went wrong with you. And that you learn from them and find strategies to stop beating yourself up every time.
My life has been a lot less exciting than yours so far (I never left Germany, northern Germany), but I also never had any money and spent what little there was mindlessly and nibbled at my student loan for ages when repaying it. Thank God my account never went into the red, my father had already blocked it when it was opened as a youth checking account.
At some point (around 2020), I no longer wanted to live from one incoming salary to the next and set up a multi-account model for the first time. Which is very easy today, with banks like C24 that offer sub-accounts. I also rebuilt and adapted the model several times and it now runs very smoothly.
However, I'm still working on the nest egg because my previous concept hasn't worked out yet. In everyday life, I now manage quite well with a consumption budget (and a separate account for it) as well as separate accounts for fixed costs and household.
But I've realized that it doesn't work for me to build up a nest egg in the same bank account. Because it kept tempting me to spend and I regularly more than exceeded my consumption budget.
So I recently opened a separate call money account with ING and set up a standing order to it.
It should work much better that way, and somehow it works with the dog's savings account too. :D
So yes, find strategies that work for you and all the best for the future!
My life has been a lot less exciting than yours so far (I never left Germany, northern Germany), but I also never had any money and spent what little there was mindlessly and nibbled at my student loan for ages when repaying it. Thank God my account never went into the red, my father had already blocked it when it was opened as a youth checking account.
At some point (around 2020), I no longer wanted to live from one incoming salary to the next and set up a multi-account model for the first time. Which is very easy today, with banks like C24 that offer sub-accounts. I also rebuilt and adapted the model several times and it now runs very smoothly.
However, I'm still working on the nest egg because my previous concept hasn't worked out yet. In everyday life, I now manage quite well with a consumption budget (and a separate account for it) as well as separate accounts for fixed costs and household.
But I've realized that it doesn't work for me to build up a nest egg in the same bank account. Because it kept tempting me to spend and I regularly more than exceeded my consumption budget.
So I recently opened a separate call money account with ING and set up a standing order to it.
It should work much better that way, and somehow it works with the dog's savings account too. :D
So yes, find strategies that work for you and all the best for the future!
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@Metis I know the problem with the nest egg :D I've only been using it since I started using Unitplus.
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1Mes
@Der_Dividenden_Monteur Ironically, the deposit and savings account for the dog have been very consistent from the start. :D I'd like to have that much consistency with my nest egg too. XD
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