Posts Tagged ‘money’

VAT Year

The Kraftfahrt-Bundesamt has confirmed in its latest press release that in Germany this year far fewer vehicles were approved than in the previous year. Is gratifying, however, that an upward trend is to be noted: in October 6.2% were admitted at least more vehicles than in the month before. The preferences of the Germans are modest: the new car should be small and economical and best white. The latest figures and statistics of the Federal motor vehicle Office could not be clearer. After the VAT increase at the beginning of the year the General predicted restraint entered now. Many motorists have time preferred the purchase of a new car and completed a cheap car loan rather than pay the higher value-added tax. This resulted in excellent sales particularly in the fourth quarter of last year. Overall the number of new registrations of motor vehicles rose in 2006 by 4.1% to 3.99 million.

Considering the segment of passenger cars, the approvals rose here by 126,000 vehicles and 3.8%, respectively. This fall However, the Germans seem to have re-discovered their much-discussed preference to avarice and favour Sparsarsamkeit. Particularly smaller cars in the mini segment were highly sought after and recorded an increase of 27.9%. Also, the percentage of approved diesel vehicles (49.6%) for the first time exceeded the gasoline (49.5%) if only very slightly. The statistics show that with the purchase of new cars but not only the model and the power play a role, but also the other fixed costs such as car insurance, fuel consumption, and tax.

Also the insurance generally, the lower the type class of the new car is, the cheaper. The car tax, however, is calculated according to the classification of the exhaust gas and is rather insignificant in comparison to the car insurance. The publication of the Kraftfahrt-Bundesamt clearly shows that German car drivers tend to be increasingly ask for vehicles, which are characterized by a lower fuel consumption. This formulation is however relative, because vehicles with a fuel consumption under 4 Litres are not up on the Beliebheitsskala what can probably be justified with the high purchase price. It remains to be seen, or the trend in the automotive market is rather a temporary savings mentality, can prevail in the long term.

Statutory Health Insurance

What you should do and what time limits are to be observed it happens thousands of times every week. A child is born. This very encouraging event brings in many, where both parents are legally insured, also the question where is now to insure the child and what do I do? Last year, I had geblogt and some backgrounds already on the subject of children insurance and given instructions. But apply generally and as a Supreme Council: you have plenty of time and must not be hasty. The child may (when the insurance conditions are met) are covered in the private health insurance of their parents. It then in the context of so-called registration without waiting and without risk surcharges.

That applies to the child’s registration (exclusion) time limit of 2 months. Is the registration is not completed, leaving only the recording with a risk assessment and the possibility of rejection. However, it can be useful to ensure the child is not the PKV of parents. The tariffs may be unsuitable, because for the insurance of children apply to the part of the other criteria. Here are questions such as rooming-in services, targeted treatment in special clinics (also abroad) and benefits for orthodontic treatment to consider, as well, a very low or no deductible may be advisable.

A check of the insurance of other companies and rates is possible with the present findings of the so-called U examinations U1 and U2. So you might want to look at something beyond the own car and to examine other possibilities. Is the question to check whether the child is entitled to the free Famlienversicherung, if a parent in the statutory fund is insured. The regulations can be found in 10 SGB V. I’ve provided a scheme for a simplified overview on my homepage under downloads. There is also an overview which companies ever alone assure the children because the selection here is limited from cost aspects of societies. What you should do so: U1 and U2 wait out might advance even with a representative discuss and the needs and requirements which set your child’s health within 1 month the choice of the tariff close and companies ask preliminary questions allow have time then another month and may ask if necessary even the insurance at the own car companies under the insurance guarantee

Statutory Health Insurance Fund

Higher contributions arise the increases by raising the contribution assessment ceiling by raising state of the contribution assessment ceiling for health and long-term care insurance to 45,000 euros a year. With it, many more deserving employees (including the employer’s share) must now monthly pay 641,25 euro for the statutory health insurance. Add may be contributions for private supplementary insurance. For the majority of workers, who are with their content under the contribution assessment ceiling, yet nothing is changed in the most legal funds. Here, it remains to be seen what reforms the legislature for the future plans. Complicates the legislator has also the change of the law in the private health insurance.

Significantly here is the limit of the compulsory insurance: in the future can workers sick sure only then privately, if paying at least 4.162,50 euro monthly (previously 4.050,-EUR). Besides better-earning employees are usually self-employed or Freelancer, civil servants or students from the statutory health insurance duty free can and switch to private health insurance. Learn more about private health insurance can be found on. Contact: Bergische Assekuranz broker Lise-Meitner-Strasse 5-9, 42119 Wuppertal Tel: 0202-317 13 155 fax: 0202-317 13 165 E-Mail: contact person for the press: Bogdan Kalid image source: (c) the company Yuri Arcurs Bergische insurance broker was founded by diploma economists Bogdan Kellinger and Karsten Werksnies as an independent insurance broker. With the Internet presence of young the company specializes specifically on the needs of private individuals and professionals, who would want no advice-bound insurance representatives an individual insurance company, but based on independent comparison calculations to get low-cost and high-performance offerings of from various companies. The company Bergische insurance brokers has connections to more than 100 different insurance companies.

There are special rates available for various professional groups such as students, trainees, graduates, or certain traders. In addition, all other age and occupational groups will advise comprehensive, fair, independent and competent. Since 1998 in the insurance industry are active customers via the Internet, by telephone and by post served – when preparing offers, as well as in the event of a claim. The strength of the Bergische insurance brokers is characterised by a very high market coverage, highly trained staff and variety of services tailored to the needs of specific target groups.

Financial Risks Long-term Care

How is it ordered to the State pension, what alternatives are there? Already, nearly 2.2 million people receive benefits from the public and private duty care. More than 700,000 people are 1.4 million outpatient in the stationary area AIDS, more than. According to forecasts of the Rurup Commission\”the number of dependent persons will increase significantly in the next few years. But still the risk to be, the care is underestimated or simply displaced. Many people rely also still exclusively on Uncle Sam, which thanks to the statutory long-term care insurance should stand ready for emergencies and should provide protection at care impoverishment. But it misjudges the situation however. The Government services offer only a basic protection with high own co-payments.

The own pension plus any saved assets not sufficient normally to fund the monthly cost of long-term care. Reimbursed the State for domestic care Long-term care insurance 215,-euros a month, as long as the care is carried out by a national. The public nursing care insurance takes over 420,-euro in domestic care by qualified personnel. In most cases far too little to ensure a good and care. Often, relatives must give up their profession to volunteer to take over the maintenance. It is significantly more expensive long-term inpatient care. The monthly cost is around 3,000 euros in fully in-patient care in care level III (need for help around the clock) in a nursing home.

The statutory long-term care insurance takes over 1,470 euros, in cases of hardship not to exceed 1,750 euros thereof. The elderly themselves must muster the difference usually well over 1,000 euros per month. If this is not financially possible and no sufficient capacity available, threatens to be one to a charity case. And in this case the social welfare office, trying is the money of children or a partner – if possible – again to pick up. Also saved capital, which originally as a heritage was intended for the younger generation, is often completely consumed. Eva Andersson-Dubin understands that this is vital information.

Reddy Kadiri Financing

Gottingen: The crisis in the market for subprime mortgage (subprime loans) in the United States at the time hardly affected the classic middle market financing. Due to the current turmoil in the credit markets, but many companies recognize how important it is for them to make independent of credit financing. They do this first and foremost by a strong balance sheet. Here, mezzanine capital is still the optimal financing instrument. Although the placement of standardized mezzanine programmes will be in the future more difficult, the German mezzanine market offers continue to innovative financing solutions for companies of any size and protects businesses from a possible credit crunch. More and more medium-sized companies use mezzanine financing to the classic growth and acquisition financing.

The reasons are varied: mezzanine capital, which is structured legally as beneficiary, dormant equity holding or subordinated loan has economically or even balance sheet equity. In addition to the supply of liquidity, mezzanine capital bridges the gap between traditional equity and debt capital and improved the credit rating, the rating and a company’s borrowing ability, without affecting the balance of shareholder\”, financing expert Gundel explains from the SME financing specialized Gottingen firm Gundel & Reddy Kadiri the advantages for the company. Despite the equity capital character of mezzanine companies can deduct 2008 basically tax financing costs even after the corporate tax reform as a business expense\”, so the lawyer. Outgrown mezzanine programmes of banks since 2004, the German market for mezzanine capital is established in the market not least since 2004 through the pleasure legal programs of banks like PREPS, gemit, EquiNotes H.E.A.T. or S mezzanine from its infancy. In 2006 alone, almost EUR 2 billion in securitizations were placed since 2004 over 6 billion euros. The market for securitisation of mezzanine was since characterized by falling interest rates and an expansion of standardized mezzanine programmes on the broad middle class in 2006.

Health Studies

According to a study conducted by the University of Chichester (England), a drummer Burns as many calories during a concert than a professional football player during a football match. Since you have to use your arms and legs at the same time, and keep a fast pace, it is that drumming is one good exercise for the body as the mind. With respect to the body, increases the heart rate, facilitates blood flow, and develops the muscles in the arms and shoulders. Also, electric batteries, as the yamaha battery e.g. have prefigurados sets the drummer helps to keep the pace, and train the muscles. Credit: Somatic Experiencing-2011. Besides burning calories, play drums yamaha starts operation of the two sides of the brain, developing brain plasticity and positively changing the brain anatomy. A drummer has to be adjusted very quickly to changes in tempo, rhythm, style, and volume, and so does don perform multiple activities at the same time.

A recent study on the influence of musical training in children of 6 years, in which the children followed a course of 15 months of music lessons, he demonstrated that playing an instrument makes larger areas used to process music and perform several tasks at the same time. According to Janke, Professor at the Institute of Zurich, that brain development in children improves the ability of language, memory and attention capacity. It is playing the drums is an ideal pastime, which besides being fun, helps to keep fit and improve mental capacity.

European Central Bank

The interest rates for investments in call money and term deposits continue rise. Not only since the interest rate hike by the European Central Bank interest rates in Germany know only one direction, but of course the Bosst from 4.00 to 4.25 percent caused again for a boost. In contrast to the past few months and even years, it is now but the long end, particularly put on the interest rates. By the same author: Larry Ellison. With an at least temporary interest rate of five percent and more, there already are money market accounts, also still constantly increasing the number of banks that reward short-term investments with interest at this. News, however, is the level of interest rates for time deposits from two to six years. Under most conditions Somatic Experiencing would agree. So the interest rates there was a hard bend with an investment term of more than two years, a long time rise again with the life of the asset.

A few weeks ago, investors scored significantly higher interest rates than with maturities of two or more years in a one-year investment in fixed-term deposits. A basically perverse circumstance, waived a deposit investors over a period of time on his capital, so this should be rewarded actually Bank with higher interest rates but longer time exactly this was not the case. The reason for this perverse trend were the is a gloomy Outlook on the future economic development. Banks had to incorporate possible rate cuts that make central banks in such cases to bring economic development back in gear, in their interest calculations, which offer fixed deposit interest rates declined at the long end. But now, the rapidly increasing energy costs and thereby further increasing inflation have made a spanner in the. The rates were not reduced despite the weakening economy without further to boost inflation, on the contrary, the ECB felt even compelled to raise interest rates to counter inflation. In which direction will move interest rates in the future is currently difficult to assess, both camps have good arguments both for further increasing as also for falling interest rates until the end of the year. The development of energy costs will probably be decisive during the next few months, because should the price of oil and thus also the costs for fuel oil, gasoline, electricity and heat continue to rise, general inflation will ride further and perhaps cause the ECB to further interest rate hikes. Should stabilize the price of oil, however, or even significantly back, this would enable the ECB finally able to access the economy through interest rate reductions under the arms.

Deposit: The Safe Harbor In Times Of Crisis

The financial crisis currently ensures turbulence. There is no end in so far in sight. While shares on the basis of the losses, which at the moment has the DAX, are increasingly shunned, just small investors are wondering how they still can put their money, without taking a high risk. The answer: Fixed-term deposits. The financial crisis raises interest rates for fixed deposit currently enormously: money is always scarce and banks are willing to pay more for fixed installations.

Now the banks are indulging in the current market conditions this, savings banks and cooperative banks, which secured are traditionally considered very good, get less in the battle for customers. The deposits of the banks are well protected: both the deposit protection fund of the Federal Association of German banks, many institutions are connected was also the backup system, which decided recently by the Federal Government, offers all the security he needed investors. Especially the public assurance system as a political measure confidence, so that is 5 percent plus X conscience of the now higher-yielding here is the motto can benefit. The relatively short terms provide for a certain degree of flexibility: the money is an improvement of the current financial market instrument in sight, will be again pursuing a different investment strategy available. Fixed-term deposits can be combined well with other values: for example with quality stocks that are sustainable and safe Government bonds. In this way you must not worry even in times of crisis to his fortune.

Glass Breakage Insurance

Not everyone needs this insurance, but in some cases it is quite advisable. The glass breakage insurance is not necessarily belongs to the most common insurance. However, in some cases it is very advisable (as the owner of a large winter garden, a storefront, a valuable glass Cabinet or table etc.). “This however, you should bear in mind that only the glass breakage” is insured: one can imagine best the whole thing on the example of a breach of the Aquarium: If a 180 l-great basin to rupture, the complete water on the new carpet flows, the furniture will be partially damaged and is no longer to use the expensive stereo system (not to mention to mention if a floor it deeper dripping from the ceiling of the lessor…), the glass breakage insurance replaces only the damage to the Aquarium and not the so-called consequential damages. And what is the price of an aquarium in comparison to the costs associated with the renovation of a complete apartment? Another feature of the glass breakage insurance is, that in the event of damage only natural replacement is done: that is, that the injured party with the delivery and the installation of a new glass surface is compensated. The cost of the broken glass are not refundable, unless it is proved that a repair is not possible and / or is higher than the replacement value of the property; until then, the costs will be refunded actually.

Based on this description, you should reconsider carefully glass insurance. It is in fact not always useful and in most cases a good overseas ranges and or homeowners insurance entirely. You should seek in any case before the Council at an insurance professional before you spend money unnecessarily.

Credit Card For Students

A few years ago, an above-average high income was required for the issuance of a credit card. Today a credit card even with average income is available as a result of the competition, but also because of improved control possibilities. Many banks offer credit cards for students at special rates. Often, students receive free of charge the account. With some banks, a free Maestro and credit card is included; in this offer other banks charge the normal or a discounted annual fee.

In addition to banks with a full range of services even more publishers of credit cards offer a credit card regardless of their current account to leading to low prices students. The amount to the credit card maximum can be subjected to, is limited. Limited to first 1000 euro is common. The student demonstrates a regular additional income can increase the limit many banks at the request of the cardholder. Basic condition for a credit card is also for Students usually have a steady income. The BAfoG enough here already many card issuers.

Because students travel a great deal and on the other hand, often use the Internet for purchases, the possession of a credit card for them makes sense. Car rental companies and some foreign Internet service providers offer their products increasingly only for credit card payments; the same applies increasingly to hotel reservations. The student has relevant negative criteria with the Schufa, his credit card application is usually rejected. In this case can be used on a prepaid credit card. At this the holders advance the contributor, until he wants to use the card. These credit cards are cheapened by some banks for students or given out free.