Kakeibo: the Japanese Method to Save up to 35 Percent of Your Income

kreiszeitung.de

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In the year 2023, the average statutory annual bruttorte in Germany was 19,138 euros, but a one-person household over 60 came to expenditures of around 28,663 euros. This results in a gap of about 9,500 euros per year. The state payment thus covers only about two thirds of the cost of living, the rest must come from savings, company or private provision, family assistance or additional earnings.