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Frugal Living, German Style: Ingenious Money-Saving Hacks [August 2023]

Writer's picture: HomeboyHomeboy

Updated: Aug 9, 2023


Frugal Living, German Style: Ingenious Money-Saving Hacks [June 2023]

Hallo, budgeting buddies! Got your eyes set on life in the land of bratwursts and beer but a little worried about your wallet? Worry not, we've got you covered with some savvy tips on saving your hard-earned euros in Germany!


How can I save money in Germany?

Ever heard of the "Sparfuchs" mentality? That's German for 'saving fox,' and it's all about making smart choices. Ditch that car - German public transportation is incredibly efficient and way cheaper. Better yet, embrace the bike culture. It's great for your health and even better for your bank balance.


What's the best way to save money in Germany?

Become besties with your local flea markets (known as Flohmarkt). You can find everything from clothes to furniture to vintage vinyl records, and the prices? You won't believe it until you see it!


Now, let's talk groceries. Aldi, Lidl, Penny are your new favorite words. Why, you ask? These discount supermarkets are the holy grail for saving on your weekly shop. Remember to BYOB – no, not bring your own beer – bring your own bag. It's eco-friendly and avoids the bag charge. Want to save even more? Shop late in the day when many fresh items are often reduced!


What is the cheapest place to live in Germany?

Big cities like Munich and Frankfurt are notorious wallet-drainers. For a cheaper alternative, look east! Cities like Leipzig and Dresden offer lower living costs, more affordable rent, and a thriving cultural scene that won't leave you bored.


Update your search profiles on Homeboy or create a brand new one to better match your budget. Compared to hiring a realtor Homeboy offers a similar service for a fraction of the price! It gets even better if you share your account with your homies.


Speaking of Sparfuchs, why not become a Geldmacher too? Ponder over a side hustle, my friend! From teaching English, selling homemade sauerkraut, to freelancing in your field, the options are as diverse as Germany's beer varieties. Extra income and new experiences? Now, that's a win-win! Prost to your newfound money-making journey!


All in all, saving money in Germany is like a well-aged Riesling – it requires time, patience, and a keen sense of quality over quantity. Embrace these frugal living tips, and soon you'll be saving euros like a true "Sparfuchs".


Auf Wiedersehen, until next time! Stay savvy budget-conscious comrades!

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