“Planning is important, but the most important part of every plan is to plan on the plan not going according to plan.” – Morgan Housel, The Psychology of Money Being an international student in Germany can be challenging—especially when it comes to dealing with banks, taxes, and other financial matters. These things are already complicated, but navigating them in German, particularly if your language skills aren’t up to par, can make it even tougher. When I first arrived in Germany as an international student, it took me some time to understand the systems, laws, and services. It can be overwhelming! Over time, I tried different banks, credit cards, and other financial tools to find out which ones were the easiest to use and provided the most value. Here, I’ll share some of my favorite financial tools that I used as a student and still use today. They’ll save you time… Continue Reading... "Manage Your Finances Like a Pro: A Guide for International Students"
Tag: finance
Why and How Should You Invest in the Stock Market?
Investing might sound like a big, complicated word, especially when you hear it in the same breath as “stock market,” “trading,” or “finance.” But don’t worry—by the end of this post, you’ll understand what investing is, why it’s important, and how you can start investing in the stock market even if you’ve never touched a financial app before. Let’s break it down step by step. What is Investing? Investing is the process of putting your money into something with the goal of making it grow over time. It’s a way to make your money work for you instead of letting it sit idle in your bank account. Think of it like planting seeds: you plant them now and, with the right care and time, they grow into fruitful trees. Investments are the seeds that grow your wealth. When you invest, you buy assets—these can be things like stocks, bonds, real… Continue Reading... "Why and How Should You Invest in the Stock Market?"