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Is 50,000 Euros Enough in Germany in 2024 | Monthly Savings Ratio Per Year

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  • Опубліковано 30 вер 2023
  • Salary Breakdown of 50,000 Euros in Germany
    - Job Benefits in Germany
    - Renting in Germany
    - Financial Stability of Jobs in Germany
    - Salary Taxes in Germany
    - Pension Insurance in Germany
    - Quality of Life in Germany
    - Savings and Investment Planning
    - Social Benefits in Germany
    Germany Salary Tax Calculator
    www.brutto-net...
    With all due respect,
    Before making any decisions about relocating to Germany or accepting a job offer, it's advisable to research the specific cost of living in your chosen city, understand the tax implications, and consider your individual financial goals and circumstances.
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    Disclaimer
    Please don’t forget to do your own online research as well. This channel, the owners, or any guest of this channel is not liable for any harm or false sentiments caused by this video. The information shared in this video is purely based on our personal experiences. Please do cross-communicate with us in the comments, if you have any further questions. We, as always, are happy to help you to help you grow in life.

КОМЕНТАРІ • 98

  • @whitebeard313
    @whitebeard313 6 місяців тому +3

    Really informative compared to a lot of other videos around. I'd recommend you also do a similar video in English to reach a wider audience.

  • @fahadsayed9318
    @fahadsayed9318 10 місяців тому +4

    Great Video. Hope your channel grows soon. Good Luck !!

  • @ui7930
    @ui7930 3 місяці тому +1

    Very well explained, and the background is so nice.. I see your efforts to collate the information and present so nicely!! Good Bro!!

  • @DavidReinhardInVertas
    @DavidReinhardInVertas 6 місяців тому +2

    Great video! And dont forget to plan for retirement, once you have a high paying job:) Recently made a video about that

  • @artist_work
    @artist_work День тому

    I think except for the rent part, your videos shared very good info. I think average rent start around 750€ and higher

  • @th.sumitbhau2797
    @th.sumitbhau2797 4 місяці тому +1

    Quality info 💟

  • @muhammadalikhan798
    @muhammadalikhan798 8 місяців тому +3

    Your whole cfocus is on Engineering anad IT. Please maeke a video for business students as well. Like about the universities and courses. the scope of this field. and its future

  • @user-xl2om5gg5q
    @user-xl2om5gg5q 9 місяців тому +3

    Very nice information ❤❤

  • @shantokhan-qk4cj
    @shantokhan-qk4cj 10 місяців тому +3

    Your videos are great sir it's inspired me.
    Please make a video about Wismar city,Wismar university MA Architecture,part time job in wismar,living in wismar.

  • @azazmalek5065
    @azazmalek5065 10 місяців тому +2

    Hey, creating such nice videos. Is it preferable to leave masters if company is offering a full time employment contract?

    • @Wayoutwithus
      @Wayoutwithus  10 місяців тому

      Hi. Thanks! It's completely a personal choice & a personal call! That totally should depend on your long-term career plans.

  • @ssgamer5693
    @ssgamer5693 10 місяців тому +2

    Can I move to any developed country in Europe,US, Australia etc for a job as a working professional having bachelor's degree in engineering from tier 3 college in india or will I have to do postgrad in order to work there?

    • @Wayoutwithus
      @Wayoutwithus  10 місяців тому +1

      Hi. It depends on your field. And your office of course. And also if you would be interested in switching offices every 2-3 years. Master’s would be helpful. But if you plan onto sticking & committing to a single organisation then it makes sense.
      Otherwise if you don’t want to spend on Masters. Simple try to gain experience in your profession, where you are and then apply abroad.
      There’s always possibility if you try harder.
      Half of the world doesn’t try thinking it’s not possible ;) so don’t worry this way you would already leave 50% of the competition behind. Just try once you feel you have gained decent experience and rest depends on what kind of employee would the organisation be wanting, at the moment of your application. Good-luck!

  • @shachindrasharma1176
    @shachindrasharma1176 5 місяців тому

    Hi Shubham, first of all thanks for such an informative video, but I think we studied together in KBDAV, Chandigarh in 10th standard. Currently I am a scientist at ISRO and planning to study Germany, so came across your video. Kudods brother on having the same energy and enthusiasm as you had 14 years ago.

    • @Wayoutwithus
      @Wayoutwithus  5 місяців тому

      Waoh. Good to hear from you man.
      And, Thanks for your kind words. Kindly do drop a line on my Insta.

  • @spottercorp
    @spottercorp 6 місяців тому +2

    I’ve over 9 years experience in project event management and marketing in India and I’ve completed my masters now in Berlin in the same field so how much should i be expecting now as I’ve been applying companies and communicating with them but still I’ve no idea what’s the exact salary should I be expecting or negotiating with my home experience and now the masters all together in relevant field and I am also applying to the same field like event management event coordinator project management so can you please give me an idea because I have no videos for this field

    • @Wayoutwithus
      @Wayoutwithus  6 місяців тому +2

      Hey mate, firstly good luck with the job search.
      Well, the salary range depends on many many factors.
      How fruitful would you be to that specific organization that has opted for you?
      How perfectly does your prior experience align with their futuristic event management goals?
      Is it a small start-up or is it an international organization?
      Is it focusing on international English-speaking clients or German professionals?
      What value would you be adding to their workflow?
      Would you personally be needing assistance while managing the work?
      Would you be able to talk to local people in order to have the logistics and event setup ready for them, without you being assisted by other team heads.
      There are endless other things, which the employer would have to bet on, in order to take an international person!
      If you fall or have an average understanding and clarity within yourself and you make a solid constructive argument during your interview, then the salary range could start from 65k-75k euros/year.
      But it could even be 55k in the first year and 65k in the very next depending on how fruitful were you, for that organization.
      Good luck!

    • @spottercorp
      @spottercorp 6 місяців тому +2

      @@Wayoutwithus thank you so much buddy for your quick and prompt response really appreciate it. And yes all these things you’ve written makes good sense I’ll keep this in mind and start applying and work on my negotiation skills and to be honest to start with I would be okay with anywhere over 50 or 55k not that I’m trying undersell myself but as I’m not good with German I’ve my limitations but i am also mostly applying on the international based companies and some are certainly interested for the first round of meeting so I could use all these points to make some room for negotiation. Thank you once again for the detailed response.

    • @Wayoutwithus
      @Wayoutwithus  6 місяців тому +1

      Happy to help! Stick to it. Very good opportunities are just around the corner! Cheers!@@spottercorp

    • @sp8740
      @sp8740 4 місяці тому

      ​@@spottercorp
      Did you get the job?
      @what salary?

  • @manojm9756
    @manojm9756 8 місяців тому +1

    What could be the future growth options, starting salary etc. for a finance professional with 10 yrs experience in PSBs?

  • @Kaatariya
    @Kaatariya 6 місяців тому +2

    If we have full time job with work permit then can do mini job in berlin ?

    • @Wayoutwithus
      @Wayoutwithus  6 місяців тому

      Hey. If you have PR here in Germany and your full time job contract allows you to do additional work. Then only you can. Probbaly on weekends or however.
      You might end up in other tax category because of your earnings though. Otherwise, if the first office doesnot have a problem, then probably yes.

  • @worldofgunjan
    @worldofgunjan 8 днів тому +1

    50k in Dusseldorf for a single person. Is it sustainable?

    • @Wayoutwithus
      @Wayoutwithus  8 днів тому

      Bilkul!
      What do you expect your monthly expense to be ?

  • @samirthakkar4703
    @samirthakkar4703 7 місяців тому +1

    Hi i have seen your video. Its very informative.
    I am from ahmedabad Gujarat.
    I m planning to send my son to Germany after completion of graduation.
    He is in B. Sc.IT and want to complete his PG in Germany.
    Whats are the scope of study and jobs?
    Pls guide?

    • @Wayoutwithus
      @Wayoutwithus  7 місяців тому

      Hi. Thanks. Scope overall is good. Decent job opportunities are also there. Ultimately, what matters in the long run is the following.
      As long as the individual is better than an average student. It's a win-win situation. Good luck Samir Ji!

  • @sudiptopaul-kw8qr
    @sudiptopaul-kw8qr 28 днів тому +1

    Can you please share if there is any opportunity for Data analyst field. How can I apply jobs from India.? Thanks

    • @Wayoutwithus
      @Wayoutwithus  28 днів тому

      Send us your CV @ wayoutwithus2023@gmail.com

    • @Wayoutwithus
      @Wayoutwithus  28 днів тому

      SAVE MONEY | Work Visa in Germany from India | Hindi
      ua-cam.com/video/QToMHX_eyfo/v-deo.html

    • @sudiptopaul-kw8qr
      @sudiptopaul-kw8qr 28 днів тому

      Do you have any websites to search for jobs in Germany? Please share

    • @sudiptopaul-kw8qr
      @sudiptopaul-kw8qr 28 днів тому

      @@Wayoutwithus thanks for the info

  • @aviexplorer9541
    @aviexplorer9541 6 місяців тому +1

    lovely

  • @srikar282
    @srikar282 9 днів тому

    what salary we can expect for embedded AI engineer?

  • @travelandexplorewithanuja5732
    @travelandexplorewithanuja5732 10 місяців тому +1

    What should be salary for Software tester for 5 years experience in Germany?

    • @Wayoutwithus
      @Wayoutwithus  9 місяців тому

      It depends from company to company though and the city/town location. And, your level of expertise so far in your previous experience. For a precise salary range window, as per your expertise, we kindly recommend that you look into the Glassdoor website.

  • @8tha220
    @8tha220 9 місяців тому +7

    I will get 2100 euros as a nurse in Germany...is it good to move there ?

  • @eldho9768
    @eldho9768 3 місяці тому

    The avareage starting for international students is around 35k euros per year guys don't think you will get 50k in the starting only certain field you'll get this much entry level salary.

    • @Wayoutwithus
      @Wayoutwithus  3 місяці тому

      35k lol. Godbless you!

    • @darshantawte7435
      @darshantawte7435 2 місяці тому

      This is bullshit. You won't survive anywhere with that, i think everywhere the salary is above 40k.

  • @only_4U887
    @only_4U887 8 місяців тому +1

    Sir kya ma special educator aa ka kitna Kama skta hu mujra vaha aa ka job mil skti hai

  • @6591man
    @6591man 2 місяці тому +1

    Sir , i am getting job in Germany 2800 before tax, i am from india having 8 years experience, is it worth to shift in this package?

    • @Wayoutwithus
      @Wayoutwithus  2 місяці тому

      Location of job? Current salary? Current Savings Ratio? Profile? Future plans? Long-term goals? (Depends on all these things mate)

    • @6591man
      @6591man 2 місяці тому

      Location - biebesheim(close to frankfurt )profile- Sales associate, future plans - want to settle there and children future. Now pls guide

    • @Wayoutwithus
      @Wayoutwithus  2 місяці тому

      @@6591man And, educational qualifications of you and your partner? Married already or? (didn't get it)

    • @6591man
      @6591man 2 місяці тому +1

      I am MBA, first I am planning to shift for first 1 year, my partner is Btech and homemaker and I have 2.5 year old son

    • @Wayoutwithus
      @Wayoutwithus  2 місяці тому +1

      ​@@6591man For 1 person its just fine. This is quite a low package, rest idk your universities etc. But,salary-wise, if its good enough in comparison to your current salary. Then u can definitely switch, and hope to grow in the following years in DE, depending on your skillset & location. also, considering a better than average case here, where you are a smart, hardworking individual. (For a family, as abread-winner, this number would be very less, frankly) Goodluck!
      FYI
      Your net on that salary would be 1940euros
      600 rent
      (beibesheim, you could get for even 400euros depends, where u live now)
      400/500 grocery + internet + travelticket
      Possible savings
      700-800 euros

  • @1998srikrishna
    @1998srikrishna 10 місяців тому +3

    5:02 😂😂😂

  • @talalbinmanzoor4200
    @talalbinmanzoor4200 7 місяців тому

    What about Energy Engineers, Solar Energy jobs

  • @anilshah5357
    @anilshah5357 5 місяців тому

    Postgraduation for doctors in Germany ,is it good

  • @nirajsawant9302
    @nirajsawant9302 4 місяці тому

    online session keba hot hai and how can we join the session??

    • @Wayoutwithus
      @Wayoutwithus  4 місяці тому

      You can get in touch with us via topmate.io/wayoutwithus

  • @user-ej1bv8gc6m
    @user-ej1bv8gc6m 2 місяці тому

    What about part and full time job as a barber

  • @nbnhangLimbu102
    @nbnhangLimbu102 9 місяців тому +1

    General workerka(like restaurant worker) kitna hota hai vae salary

    • @Wayoutwithus
      @Wayoutwithus  9 місяців тому

      You can expect at least a minimum of 12€ per hour, this is the starting number but you should always negotiate and say somewhere between 12-16€

    • @nbnhangLimbu102
      @nbnhangLimbu102 9 місяців тому +1

      @@Wayoutwithus thank you 🥰

    • @VibrantSand
      @VibrantSand 3 місяці тому

      Tax ke bad kitni salary hoti h warehouse worker ki

  • @HaseebHeaven
    @HaseebHeaven 5 місяців тому +2

    Hi,
    You forgot travelling expenses with is 49 Euros per month.
    And salaries are minimum 50K Euros for Berlin.

    • @Wayoutwithus
      @Wayoutwithus  5 місяців тому

      Thanks
      And salaries are profession dependent
      There’s nothing like a minimum for any city.

  • @srinivasmadabushi1526
    @srinivasmadabushi1526 3 місяці тому +1

    100 min
    300-500 euros jump yly

    • @srinivasmadabushi1526
      @srinivasmadabushi1526 3 місяці тому +1

      Brutonetto

    • @Wayoutwithus
      @Wayoutwithus  3 місяці тому

      @@srinivasmadabushi1526 Depends on office-to-office, profession-to-profession & on individual-to-individual. Could be brutto could be netto! (In this video, we have mentioned brutto)

  • @babitakaur9391
    @babitakaur9391 5 місяців тому

    Sir meri beti ne bsc nursing kri hai aur master ne jana hai tu sath me job mil jae gi guide kre sir🙏🏼

  • @meetimian3383
    @meetimian3383 3 місяці тому

    Germany main job k liyey to as such koi sponsorships ki to zaroorat to nhi na like UK? Im currently in France and would the visa process be relatively easy for me to move to Germany??

    • @Wayoutwithus
      @Wayoutwithus  2 місяці тому

      Nope. Just look for a job contract, rest is easy.

  • @tarunpandita4263
    @tarunpandita4263 2 місяці тому

    So 3000 euro salary per month this money i got in india with happy life

  • @rajmehmi1468
    @rajmehmi1468 7 місяців тому +1

    I think it will be only 2100 a month

    • @Wayoutwithus
      @Wayoutwithus  7 місяців тому

      What do you intend to say ?

    • @rajmehmi1468
      @rajmehmi1468 7 місяців тому

      Salary

    • @Wayoutwithus
      @Wayoutwithus  7 місяців тому

      With all due respect, there is a salary calculator link in the description, which states 2700 for 50k per year. Idk why did you say 2100.@@rajmehmi1468

  • @srivastav3684
    @srivastav3684 2 місяці тому +1

    650 rent😂😂😂
    You will not even get a single room for 1200 euro in berlin these days

    • @Wayoutwithus
      @Wayoutwithus  2 місяці тому

      Its easily possible man. Idk where do u do your research, but housinganywhere and wggesucht has private rooms in shared apartments easily available at this price :) Goodluck!

    • @srivastav3684
      @srivastav3684 2 місяці тому +1

      @@Wayoutwithus I saw a video of a popular youtube desi traveller. He went to Germany and there he met someone who was already working there and he said getting an apartment for 1200 euro is very difficult.
      That video was one year old and now you can add the inflation to the current timeframe on it.

    • @Wayoutwithus
      @Wayoutwithus  2 місяці тому

      @@srivastav3684 My dear Friend, forget what the world says, at least check yourself the apartment postings and you will know the truth. 1-2 people on the internet might be wrong, but only judge after you do genuine research on shared apartments. People are living in 650 as students, that's possible, like I mentioned. This 1200 number might be correct, and that probably would for SINGLE-STUDIO APARTMENT.
      In this video, I talked about shared apartments. That probably is the difference. The rooms or apartments are also up to 2-3-4k, but it really depends on your choice of lifestyle! (If as a student, someone wishes to live 5min away from uni, with amazing transportation connectivity with personal room with personal toilet etc.)
      That kinda life is from 1200 , but a humble student can easily start their life in Germany with 650, easily.
      Dont let other fancy people fool you. But there are students living in lower-prices. Thats totally possible!
      Totally depends who u talked with, middle class-upper middle class or what.
      Hope this info helps!
      Godbless!

    • @Wayoutwithus
      @Wayoutwithus  2 місяці тому

      @@srivastav3684 Additionally, dont get hyped up with the buzz-word ''Inflation''.
      Just like previous years, there are people who are still living in city centre in shared apartments in 500-600 Euros as well.
      and, some in Belrin for less than 400 euros with 25mins S-bahn to city centre... Its all about you putting in the effort to look for one. Thats all!
      In simple words, yes it is not a cake-walk to get one. But it never was, not even 7 years ago in 2017, when I moved to Berlin.
      Ultimately it comes down to how much continuous effort are you putting in order to look for one. Thats the task!
      If you just apply to real-estate companies who put up 20k to set up a room, would charge you extra anyway!
      Sitting and sending one message and then hoping to get one isn't a thing anymore! Thats luck-based approach! You gotta go out and follow up and meet people in order to get a good sorted-justified rentable place, as a student!

    • @srivastav3684
      @srivastav3684 2 місяці тому

      @@Wayoutwithus what about the rents when someone start doing full time jobs?
      I guess later, when you will be married, then apartments would cost at least 1600 for two people. In that case savings will go minimal?

  • @Inayataly786
    @Inayataly786 9 місяців тому

    What about bba sir

  • @darshantawte7435
    @darshantawte7435 2 місяці тому

    Don't know where is he paying 600-700 euro as the rent, i know some masters students who paying 500-700 euro rent. I have looked at various apartment postings across Germany and can safely say its above 800+ euro. So yeah unless your salary is not above 60k euro its pretty difficult to save any substantial amount.

    • @Wayoutwithus
      @Wayoutwithus  2 місяці тому

      Yaar aisa kuch nae hai bhai. Please. Rent can be 300 or 3000 totally dependant on your lifestyle choices for that city/place itself. Similarly in India or in any country on the planet. That’s a lifestyle decision.
      Who wants to live in what kinda place, facilities, sqm size etc.
      600-700euros is pretty average (For cities in DE and for town its far less than this even as low as 300-400euros)
      You can easily get a room in a shared apartment in this price
      (Not exactly in the middle of the (big)city, but still at a good decent location)
      Dont know where u are seeing apartment posting but i am frankly giving you a fair opinion of current market . Godbless!

  • @user-ej1bv8gc6m
    @user-ej1bv8gc6m 2 місяці тому

    Please tell bro

  • @Trudy-here
    @Trudy-here 4 дні тому

    If you’re going to speak your native language, please add transcripts at least.

    • @Wayoutwithus
      @Wayoutwithus  4 дні тому

      Sure.
      Kindly go to right hand bottom corner on your screen. Turn on CC and then go to setting right next to it and change the subtitles language to any language you want.
      This applies to all video available on youtube.
      Hope it helps. Godbless