Annual or quarterly bills well under control
I have developed a good concept for paying quarterly or yearly invoices.
(Basically, I pay everything that goes - household contents and liability, legal protection, motor insurance, etc. - annually to pay the lowest price.)
So I do not sweat anything and then sweat with my normal monthly net salary, I have set up all these costs and calculated on the monthly price. For me it was:
quarterly:
GEZ 53,94 Euro = 17,98 Euro mtl.
Property tax 54,00 Euro = 18,00 Euro mtl.
Kontoführungsgebühr 21,85 Euro = 6,95 Euro mtl.
yearly:
Kfz tax 87,00 Euro = 7,25 Euro mtl.
Car insurance 300,00 Euro = 25,00 Euro mtl.
Household contents 36,00 Euro = 3,00 Euro mtl.
Liability 36,00 Euro = 3,00 Euro mtl.
Legal protection 108,00 Euro = 9,00 Euro mtl.
International health insurance 10.00 Euro = 0.84 Euro mtl.
Share Deposit 10,00 Euro = 0,84 Euro mtl.
Credit card 20,00 Euro = 1,67 Euro mtl. ,
Together, this makes 93.53 euros per month.
Since I know, of course, that sometimes even the car breaks down, the TüV must or new tires are pending, I simply took the amount for car insurance and tax again. So are the 93.53 euros just 125.78 euros.
This amount is automatically transferred monthly from my checking account by standing order to my call money account. There, the money is then, until just every 3 months, the things that are paid and deducted quarterly, due. Then I transfer exactly this amount back from my call money account to my checking account.
It is easier, clearer and monthly a smaller - but above all more constant - load, as if then go away in January at a blast 300 € from my salary. In addition, I get for the time in which my money in the money account is also interest.
It is important, of course, that one is consistent and this money, which is on the Tagesgeldkonto, actually almost not there, but is really only used for the designated expenditure, otherwise, of course, the entire concept is broken.
It helps me immensely and I do not need more in October, if the household contents, liability and legal expenses insurance then wants to have 190 euros in one fell swoop, or just in January, when then the car insurance is due to shake and look like me because then come over the month.
For me it was ideal, that even such small things as the 10.00 euro deposit fee, etc. are there, because it just fits in there, even if the 10,00 € then determined in the month where they are charged, not would plunge into a financial disaster.
Just try it ...
