What should I do as a German wageslave?

I am Software Developer and earn 55.000€ which leaves me with 32.000€ after taxes. My landlord gets 1000€ each month. I will always remain a poor wagie if I stay here.

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you buy as many chainlink tokens as you can.

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so after rent and everything you have less than 20k to invest?

>over 40% tax
Wtf

32k after income tax. Then 22k after other taxes and fees.

Do europeans really?

Yes. If I would spend no money on food, public transport or any hobbies, that would be the max. what I could invest

fucck you
keep paying your taxes otherwise italy goes bankrupt you idiot

My favorite part about all of the redditor romanticization of Europe is that they fail to acknowledge that those in the 50-150k earning range are miserably weighed down by their "generous" system.

Are taxes really that high there? Feels good to live in the UK

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it's more like 60% when you're done at the end of the month

55k, da geht noch was. Senior/Architekt gehen 70k locker. Nach und nach kleine 1-2 Zimmer Apartments in Studentenstädten kaufen. 20% Eigenkapital kann man von deinem Einkommen in 2-3 Jahren ansparen.

Kannst du an der Miete nicht was drehen? 1k klingt schon happig, Single/Familie?

The answer is - stop working and go on NEETbux. Only cucks work in germany.

Do u get other benefits in Germany? E.g. 401k match, pension, company car, etc.? or Is It's just 55K Euro cash only?

wait why do people want to move to germany then?

You can neither read, nor understand different taxation systems. Congrats.
>32.000€ after taxes.

Leave Germany and come to USA brother. I make 150k USD as a fresh grad at Amazon.

Hast du studiert?
Which city are you in?

What'ts the point, user? If I earn 70k, I increse my after-tax earning from 32k to 39k
I live in Munich (single) and it is not really possible to find a cheaper place here

i have no idea

Do what I did:

Buy bitcoin at 400, sell at 1200, buy a fucking rv, quit rent forever, live like a chad wherever i want, freelance gigs, no addictions so I can buy crypto every day, cook my own food so I save tons even on food alone, already have 10x bigger portfolio than when I did when I bought the rv. No regrets.

The way German system works, I pay for the current retirees, when I retire, the new generation of workers will pay for me. Since German population is shrinking that system is bound to blow up sooner or later

post tax is considered. pension, healthcare (for the entire family), childcare (depends on county), schools, university, unemployment, church. Other benefits (company car, bike, etc.) typically just add to your taxable income by ~1% RRP

32k post tax monthly or annualy?

Kauf dir mehrere Einkommens ETF und obendrauf ne Immobilie in den Vorstädten und werde selber zum Landherrscher

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>I live in Munich (single)
Was zum Fick?
55k als Software Dev in Minga?
It's fucking over.
Currently studying Informatics in Regensburg. Fuck me in my head

Also OP is a moron if he's complaining about German salaries (have you seen all the immigrats from half the world getting in)
Also OP is a moron cause a software developer in Germany should be making more, I hope youre a young junior making retarded post at the start of his career
Also OP is moron - wage before tax is irrelevant, you only posted is so you can bitch about taxes existing and have other bitches bitch together with you
Also OP is a moron cause "it is not really possible to find a cheaper place" gimme a break
Also OP is a moron cause he stil has plently of money to spend investing in and make it.

etc etc i could go on, you get my point

annually
ETFs are being taxed to fund the breaking pension system (Grundrente).
Property value in suburbs will decrease due to shrinking population and more people moving to cities

HOW MANY LINK DO YOU OWN?

hello fellow software dev. I am literally in the same position as you. Buy as much link as you can and escape humanity in germany forever

if it was that easy...

in Regensburg you'll only get 45k.

>Property value in suburbs will decrease due to shrinking population and more people moving to cities

Also OP is a moron because
a) he claims property value will decrease
b) he doesnt comprehend that "more people moving to cities" means cities expand, means those suburbs become city parts, which counters his point

This... If all u get is 55k Euro cash, with no equity/no other benefits, sounds a bit low for a coder, from burger perspective.

als single? Zieh in eine WG, oder mach eine auf.

>Slovenia
>SPS programmer
>made 26k after text last year
>rent costs about 250-300€, food 200€ per month

We always think how much better it is in other European countries but desu we are doing quite fine after all...

It's really laughable.
At least I own 3500 LINK, so I have some hope left.
Funny how my fellow Kommilitonen are so euphoric about it

(Grundrente)
Not right now, its planned to be taxed around 0. ish %. (i dont support Olaf Scholz neither... fking SPD and Linke ruining this country).

Try to buy at least some tax friendly ETF right now before Finanztransaktionssteuer is coming fren.

Also i find your Salary to be very low as Software Dev. means you make 2.6 to 2.7k € after tax per month? Man i do this same money with only apprenticeship (Ausbildung Elektroniker) and i chilled 3.5 years in my trainee...
Maybe look for other jobs abroad of Germany...
In the US you get very well paid as Softw.Dev but you basically have no real life there (12hrs a day & also pretending to be family with your coworkers) with like 5 vacation days and no healthcare at all unlike Germany.

Yea you could start by gaining some condos one by one to gain some cash flow.

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Ich bin auch aus München und mach 65 k. Zahl für meine Wohnung 800. Reicht trotzdem nicht um wie ein ami im cryptomarkt einzukaufen