Why Half Your Salary Disappears in Germany
Description
Why does half your salary in Germany disappear every month? 🤔If you’re an expat working in Germany, your first payslip probably shocked you: a huge gap between your gross and net salary. In this video, we break down exactly where your money goes — from income tax to the five pillars of German social security:- Health insurance 🏥- Pension insurance 💰- Unemployment insurance 💼- Care insurance 👵- Accident insurance ⚠️By the end, you’ll understand why your net salary is so much lower than expected — and what you can do to build your own wealth alongside Germany’s system.-----PerFinEx GmbH - Personal Finance for ExpatsThe #1 English-speaking & Independent Financial Planner in GermanyFurther legal information is available at perfinex.de/impressum
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