newsletter

How to save money on your taxes for pandemic year 2020 (and what to watch out for)

The unusual working conditions that were forced upon Germany by the pandemic have opened up opportunities to save money on your tax return. But there could be a nasty surprise in store too.

Money

'My goal is to be happy': how thrifty Germans are leaving the rat race early

Former meteorologist Lars Hattwig has achieved the "frugalist" dream that is gaining ground in ageing Germany: retiring in his 40s and living on the proceeds of a working life lived sparingly.

wealth

Germans learn to spend, spend, spend

Consumers are splashing out more than ever in Germany with spending reaching a new high of €1.6 trillion in 2013, a 2.5 percent boost on the previous year and almost a third more than in 2000.

Economy

Germans set to spend €273 on Christmas gifts

The average German will spend €273 on Christmas presents this year - €43 more than last year, according to a new survey.

youth

Young Germans 'happy to be bourgeois'

Young Germans are happy to save money for the future rather than spend it on frivolous pursuits in the here and now, as concerns about the country’s economy grow.

Money

Berlin residents at highest risk for poverty

Nowhere in Germany are people more at risk of poverty than in the capital city of Berlin, a study released on Monday found.