News Unconditional Basic Income: Unions calling for alternatives

News Unconditional Basic Income: Unions calling for alternatives

finanzen.de News always well informed

Monday, 30.04.18 , written by Annabell Meyer Money from the state without return – The proposal of an unconditional basic income has long been in the room. The aim is to make the labor market more flexible and provide financial security. The project has not been successful so far. Just in time for Labo 

Kritik von Gewerkschaften: Scheitert bedingungsloses Grundeinkommen?

Does the unconditional basic income run out of air?

  • The unconditional basic income has not been a contentious issue in Germany for many years.
  • In particular, employers warn against a sinking motivation among many employees.
  • Now, unions are also criticizing the project and advocating more sensible alternatives.

For years in Germany on the proposal of an unconditional basic income (BGE) is discussed. This should serve as financial security for all people – regardless of whether pensioners, students, long-term unemployed or gainfully employed. While basic income model projects have already been launched in countries such as Finland, the project has not been successful in Germany so far. Too great is the criticism from the side of politics and the economy .

After the attempt to basic income in Finland does not continue, the plan could be in Germany soon finally off the table. Because even unions clearly oppose it.

What does the unconditional basic income mean?

The unconditional basic income represents state support, which is not tied to any prerequisites. All citizens receive a state income without compensation or proof of need. This should serve to enable every person to fulfill their necessary basic needs . This includes, above all, enough money for food, clothes and an apartment.

In addition, the basic income should enable more flexibility in working life, for example, when starting up a business and family planning. With the BGE people would therefore have a regular income, so that existential fears could be reduced . The basic income will be financed by means of taxation. However, it is disputed how high a possible BGE could turn out.

  • Our service for you
  • Now find your tailor-made protection against occupational disability.
  • Request a quote

Digitization threatens jobs: basic income is not a solution

The plan of a BGE causes harsh criticism in both the economy and trade unions. “The call for an unconditional basic income is an absolute misorientation, ” explains, for example, the chairman of the German Trade Union Confederation, Reiner Hoffmann, against the editorial network Germany. He sees particularly critical that the basic income should serve to cushion the threat of job loss in the course of digitization.

The head of IG Metall, Jörg Hofmann, joins the DGB chairman and underlines in the Heilbronner voice that “people are not happy when they are sitting at home and being fed. They want to work and to be as qualified as possible “. In his opinion, instead of a BGE, it is important to prepare workers at an early stage for the new demands in the workplace, such as increasing digitization.

Hofmann receives support from the German Institute for Economic Research. Its president, Marcel Fratzscher, demands of the federal government higher investments in further education measures . He proposes that € 20,000 should be made available to each adult to finance retraining, further qualifications and nursing care.

Berlin SPD proposes solidarity basic income

For many employers, one major criticism of the basic income is that it may reduce employee motivation. In addition, there is a risk that some people will rely on state payment rather than pursuing a job. As an alternative to the unconditional basic income, the mayor of Berlin Michael Müller (SPD) has therefore called for a so-called solidarity basic income .

Here, people without work should get state support, if in return they do charitable work. Accordingly, the state offers them a job at a minimum wage level of about 1,200 euros net per month. If this is not accepted, the person concerned will instead receive the existing benefits.

Müller sees in this project an alternative to the previous Hartz IV concept. His proposal, however, already reaps criticism. So social researcher Christoph Butterwegge speaks of a so-called “label fraud”. In his opinion , the jobs would have to be paid by tariff, in order to meet the solidarity principle.

Tip: Without basic income, many people face financial ruin when they can no longer work. About one in four Germans become disabled. It is all the more important to take out a disability insurance in good time for this case. With a personal offer you will find the individual protection.

  • Here you will find tips and more information on occupational disability insurance. >
  • Annabell Meyer
  • editorial staff

More news on disability insurance

# What financial protection do students have when they are disabled? # Occupational disability insurance: 518 tariffs on the test bench # Disability Insurance Test for 2018: The Best of 38 Fares 05/30/2018 ARD plus minus: health insurance contribution for many self-employed too high 05/29/2018 What financial protection do students have when they are disabled? 05/28/2018 Rürup, Riester and Co .: Which private retirement provision makes sense? 05/25/2018 Question of the week: What comes with the new travel law on vacationers? 05/24/2018 Will 13,000 new nurses make the turnaround in care for the elderly?

Financial cushion for homeowner

Dusseldorf – builders and buyers have already compared numerous conditions for the financing of their property, set up complicated financing plans and calculated repayment installments. When they move into the house, many people only want one thing: rest. The problem: There is always something to do in a property. And it’s not just about new wallpaper in the living room.

 

Picture: Dream house 

“Especially with older objects, the follow-up costs are often difficult to assess,” explains Annabel Oelmann from the consumer center North Rhine-Westphalia in Dusseldorf. “Typical here are heating, roof and windows,” the consumer advocate lists some weaknesses. Also, buyers of new homes can not just sit back and reckon with modernization or refurbishment investments.

Therefore, buyers should not forget that they have the necessary financial scope for upcoming repairs. Like owners of condos, homeowners should also make financial reserves. This is especially important because when you buy a self-used property usually the entire savings are used.

Even the mortgage lending should not be “sewn on edge”

Therefore, it is best to think about the reserves as early as possible. “Actually, this should already be taken into account when setting up the financing,” explains Jörg Sahr of Stiftung Warentest in Berlin. “However, the topic is often neglected in discussions with the credit counselors.” And that can be a problem – especially if, given the low interest rates, an expensive property was bought or the monthly installments to the bank are already reaching the limits of their own financial resources anyway.

But how much should the reserves be? There is no such thing as a blanket answer. Because that depends on the object itself. “For new buildings, you are sure to have your peace of mind for the first 10 to 15 years,” says Jörg Sahr. For old buildings looks quite different, because even here earlier repairs may be due.

Nest eggs always in the hindquarters

As a guideline, the experts recommend putting aside about one euro per square meter of living space each month. For example, if you save 150 euros a month, you will have a total of 18,000 euros after ten years – mind you, without interest. Annabel Oelmann basically recommends having three to five monthly net incomes as nest egg on the high ridge. “This can then sometimes pay a defective hot water boiler,” explains the consumer advocate. “For heating, roof or window this is certainly not enough.”

And how should the reserves be formed? There are several possibilities, for example building savings or savings on a money market account. The advantage of building savings, for example, is that after the allocation for a possible home savings loan customers can calculate with a previously fixed loan interest. However, Bauspar contracts are not very flexible. They are recommended for actions that can be planned well in advance.

But if, for example, the roof leaks unexpectedly, reserves on a flexible money market account are better. There, the money is currently with up to 1.3 percent interest.

New installment loan as alternative

However, there is another possibility: “Some banks offer real estate financing to make paid special repayments if necessary,” explains Jörg Sahr. So if a new boiler has to be bought unexpectedly, then in case of doubt borrowers will quickly get money.

Another possibility is, of course, a new loan. But that should rather be the last choice, the experts say. “A roof through which it rains will not last long,” says Oelmann. “But one should bear in mind that consumer loans are subject to comparatively higher interest rates than real estate loans.”

 

Volkswagen Touran used cars – compare offers now!

# Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer from 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed interest rate pa 1.83%, duration 60 months, 60 installments, net loan amount 16.890 €, total amount 17.689,20 €. Representative example acc. § 6a PAngV 2/3 of all customers receive: annual percentage rate 3.99%, fixed borrowing rate pa 3.92%, monthly installment 310.44 €, 60 installments, 60 months, net loan amount 16.890 €, total amount 18.626,40 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer of 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed borrowing rate pa 1.83%, duration 60 months, 60 installments, net loan amount € 18,890, total € 19,783.80. Representative example acc. § 6a PAngV 2/3 of all customers receive: effective annual interest rate 3.99%, fixed borrowing rate pa 3.92%, monthly installment 347.20 €, 60 installments, term 60 months, net loan amount 18,890 €, total amount 20,832.00 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer from 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed interest rate pa 1.83%, duration 60 months, 60 installments, net loan amount 16.890 €, total amount 17.689,20 €. Representative example acc. § 6a PAngV 2/3 of all customers receive: annual percentage rate 3.99%, fixed borrowing rate pa 3.92%, monthly installment 310.44 €, 60 installments, 60 months, net loan amount 16.890 €, total amount 18.626,40 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer of 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed borrowing rate pa 1.83%, duration 60 months, 60 installments, net loan amount € 18,890, total € 19,783.80. Representative example acc. § 6a PAngV 2/3 of all customers receive: effective annual interest rate 3.99%, fixed borrowing rate pa 3.92%, monthly installment 347.20 €, 60 installments, term 60 months, net loan amount 18,890 €, total amount 20,832.00 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer from 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed interest rate pa 1.83%, duration 60 months, 60 installments, net loan amount 16.890 €, total amount 17.689,20 €. Representative example acc. § 6a PAngV 2/3 of all customers receive: annual percentage rate 3.99%, fixed borrowing rate pa 3.92%, monthly installment 310.44 €, 60 installments, 60 months, net loan amount 16.890 €, total amount 18.626,40 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer from 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed borrowing rate pa 1.83%, term 60 months, 60 installments, net loan amount 16,390 €, total amount 17,165.40 €. Representative example acc. § 6a PAngV 2/3 of all customers receive: effective annual interest rate 3.99%, fixed borrowing rate pa 3.92%, monthly installment 301.25 €, 60 installments, term 60 months, net loan amount 16.390 €, total amount 18.075,00 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer of 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed borrowing rate pa 1.83%, duration 60 months, 60 installments, net loan amount 16,490 €, total amount 17,270.40 €. Representative example acc. § 6a PAngV 2/3 of all customers receive: annual interest rate 3,99%, fixed borrowing rate pa 3.92%, monthly installment 303.08 €, 60 installments, 60 months, net loan amount 16.490 €, total amount 18.184,80 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer from 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed interest rate pa 1.83%, duration 60 months, 60 installments, net loan amount 16.890 €, total amount 17.689,20 €. Representative example acc. § 6a PAngV 2/3 of all customers receive: annual percentage rate 3.99%, fixed borrowing rate pa 3.92%, monthly installment 310.44 €, 60 installments, 60 months, net loan amount 16.890 €, total amount 18.626,40 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer of 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed borrowing rate pa 1.83%, duration 60 months, 60 installments, net loan amount € 18,890, total € 19,783.80. Representative example acc. § 6a PAngV 2/3 of all customers receive: effective annual interest rate 3.99%, fixed borrowing rate pa 3.92%, monthly installment 347.20 €, 60 installments, term 60 months, net loan amount 18,890 €, total amount 20,832.00 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer of 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed borrowing rate pa 1.83%, duration 60 months, 60 installments, net loan amount € 18,890, total € 19,783.80. Representative example acc. § 6a PAngV 2/3 of all customers receive: effective annual interest rate 3.99%, fixed borrowing rate pa 3.92%, monthly installment 347.20 €, 60 installments, term 60 months, net loan amount 18,890 €, total amount 20,832.00 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer from 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed borrowing rate pa 1.83%, term 60 months, 60 installments, net loan amount 16,390 €, total amount 17,165.40 €. Representative example acc. § 6a PAngV 2/3 of all customers receive: effective annual interest rate 3.99%, fixed borrowing rate pa 3.92%, monthly installment 301.25 €, 60 installments, term 60 months, net loan amount 16.390 €, total amount 18.075,00 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer of 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed borrowing rate pa 1.83%, duration 60 months, 60 installments, net loan amount 18,890 €, total amount 19.783,80 €. Representative example acc. § 6a PAngV 2/3 of all customers receive: effective annual interest rate 3.99%, fixed borrowing rate pa 3.92%, monthly installment 347.20 €, 60 installments, term 60 months, net loan amount 18,890 €, total amount 20,832.00 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer from 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed interest rate pa 1.83%, duration 60 months, 60 installments, net loan amount 16.890 €, total amount 17.689,20 €. Representative example acc. § 6a PAngV 2/3 of all customers receive: annual percentage rate 3.99%, fixed borrowing rate pa 3.92%, monthly installment 310.44 €, 60 installments, 60 months, net loan amount 16.890 €, total amount 18.626,40 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer from 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed interest rate pa 1.83%, duration 60 months, 60 installments, net loan amount 16.890 €, total amount 17.689,20 €. Representative example acc. § 6a PAngV 2/3 of all customers receive: annual percentage rate 3.99%, fixed borrowing rate pa 3.92%, monthly installment 310.44 €, 60 installments, 60 months, net loan amount 16.890 €, total amount 18.626,40 € # Compare Remember You have 0 vehicles in your watchlist You have ~ numberOfFavourites ~ Vehicles in your watchlist For comparison 1) An offer of 1822direkt, Borsigallee 19, 60388 Frankfurt am Main: effective annual interest rate 1.85%, fixed borrowing rate pa 1.83%, duration 60 months, 60 installments, net loan amount 16,490 €, total amount 17,270.40 €. Representative example acc. § 6a PAngV 2/3 of all customers receive: annual interest rate 3,99%, fixed borrowing rate pa 3.92%, monthly installment 303.08 €, 60 installments, 60 months, net loan amount 16.490 €, total amount 18.184,80 €

 

** Further information on official fuel consumption and official CO2 emissions of new passenger cars can be found in the ‘Guide to Fuel Consumption, CO2 Emissions and Electricity Consumption of New Passenger Cars’, which is available at all outlets and at Deutsche Automobil Treuhand GmbH at www .dat.de is available free of charge.

*** Your details are used by Verivox GmbH exclusively for the provision of our products, consulting and placement services as well as for our own direct marketing purposes (such as our newsletter). This may be done with the involvement of service providers. Disclosure to third parties (eg energy suppliers or telecommunications providers) is only to fulfill the contract or if we are legally obliged to do so . We are happy to send you information about similar products or consulting and brokerage services of Verivox GmbH via your e-mail address. If you no longer wish to receive further information from Verivox GmbH, you may object to the use of your e-mail address at any time by sending an informal message to the following address: Verivox GmbH, Customer Service, Am Taubenfeld 10, 69123 Heidelberg, Germany, by phone 06221 7961-100, by fax to 06221 7961-8669 or by e-mail to service@verivox.de, without incurring other than the transmission costs according to the basic rates.

 

Would You Won’t Your Bank To Not Make That You’ Loan?

Has occurred to your corporation? You check all your indicators and tend to agree – complement now as well as the pips are yours to take. You’ve checked the news calendar presently there are no significant reports. You click to buy, and sure enough, the market moves with your favor ratcheting up the pips.

The associated with online instant approval loans for a credit card application is very simple- search. The first step is to fill out an online form. Examples of credit card companies ask about your annual income, income source, and checking and savings accounts. You may also be inquired about housing status, monthly housing payments.

Know your rights! Know your state’s payday loan laws, and you will have an excellent advantage while confronting payday advances businesses. Skilled what payday loans lender can and can’t charge you regarding interest and fees, you’ll know exactly, to tell the truth being played for a fool.

The stock portfolio of these kinds of useful bank definition money market funds often contains federal stock options, commercial papers of highly regarded corporations, CDs and a variety of other low-risk stock options in bucks market. This kind of funds frequently invests handy options which have higher liquidity. Most of these resources trying to keep the Net Asset Value, which is the price you will as you sell 1 unit of this fund, for you to become constant. Mentioned that, the yield will likely move as well as down.

With retail financial services being offered online today by companies such as Policy Bazaar, it rrs incredibly easy eighteen; you are online. One can compare card services and also their features from different banks and can pick the quite.

To answer that, we must have to learn how the market works. Movement in forex is driven by the action of the quantity of-of large players – classification of banks, central banks and important trading companies who place trades worth associated with dollars and can move industry by however of their trades.

These lenders come from many different types of institutions such as savings and loans, types of banks pdf and credit unions. The individual does their research and finds a price loan website that fits their needs and follows the application area on the site. The borrower can now fill out all of your paperwork sitting at property or home. There are no hard sells from loan provider and if the answer is no, generate person the wiser could be the borrower also an anonymous lender on one other end of the fiber optics.

In schools, you ended up teaching the right way to study and reveal a job. Have anyone tell you how to generate? No one? You need to read life skills such as personal development, leadership, and many others. Most skills can be trained by gurus, but prices are not low at each of them. Moreover, you might not have time attend. Finally, some companies bring all helpful ideas gurus together and similar to sit both at home and learn.

It’s a simple, efficient way of obtaining money when it’s needed most. Ensure you make all of your payments and do so on-time for you to reduce the total cost of the title lending product. The key to managing auto title loan payments isn’t to operate outside of one’s means. Word of mouth you have to make a payment this month, and things are tight, you may have to go a precious time without buying new clothes and seeing the movies. Several to make sacrifices like that, but we all need to tighten our belts during tough financial times.