Many expats join Bauspar in #Germany without understanding really what they are getting themselves into. Axel takes a look at #Bausparen so can figure out for yourself if that is the right #investment for your future #property purchase.
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Videos Axel mentioned:
Real Estate in Germany #10: How to Save Money for Buying a Home or Investing in German Real Estate
What is Schufa? | Schufa + Schufa Score Explained Incl. Bonus: How to Get Your Free Schufa Report
Get better Schufa | 10 Easy Tips to Improve Your Schufa Score & Increase Your Creditworthiness
What Affects Schufa? | Top 3 Schufa Mistakes for Bad Schufa Score & Negative “Schufa-Eintrag”
https://youtu.be/B8ZtMzV26LY
6 Tax Tricks in Germany: Pay Fewer Taxes When Filing Tax Declaration | How to Save Taxes in Germany
More NET Income in Germany: 5 Tips
German Pensions Level 2: Company Pension & Riester | Tax Benefits & Government Bonuses with Riesterhttps://youtu.be/U6zxf2fH0cE
How to Know if a German Rental Property Makes Money | Analyze Real Estate Deals With Lendlord
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00:00 Intro
01:26 How A Bausparvertrag Works
02:54 Phase 1 Of A Bausparvertrag: Savings Phase
04:14 Phase 2 Of A Bausparvertrag: Allocation Phase
05:42 Phase 3 Of A Bausparvertrag: Loan Phase
05:58 Benefits Of Bausparen
08:35 Downsides Of Bausparen
09:58 Axel’s Conclusion of Bausparen
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