In this video, the narrator is in Amsterdam, exploring the finances of a garbage collector named Don and his wife Chantal. Don works as a garbage collector and earns around €1,800 net per month. The video also touches on their expenses and lifestyle, including their spending on hobbies like supporting the Ajax football club, dining out, and buying a caravan.
The video shows a financial expert suggesting that they create a joint account for shared expenses and establish an emergency fund. Additionally, they evaluate the value of various household items and collectibles, potentially selling some to improve their financial situation.
1. Don and Chantal bought their house for €192,500 and currently have a mortgage of €222,000.
2. The real estate agent values their house at €175,000.
3. Don and Chantal spend €935 on the mortgage, €104 on gas, water, electricity, €420 on groceries, €190 on insurance, and €613 on other expenses each month.
4. Their total monthly expenses amount to €2,672.
5. Don earns €1,872 per month, while Chantal earns €1,268.
6. They receive €274 back from taxes and €128 in child benefit, totaling €402 in additional income.
7. Don and Chantal's total monthly income is €3,542.
8. Don and Chantal spend €600 per month on eating out.
9. They could save money by reducing their dining-out expenses.
10. Don and Chantal have no joint savings account and should consider creating one for emergencies.
11. Don and Chantal have a short-term savings account with about €3,500.
12. Jacqueline suggests having a buffer of about €5,000 for unexpected expenses.
13. Don and Chantal could cut back on dining out to increase their savings.
14. They have valuable items, such as Ajax memorabilia, silk flowers, and furniture, that they could sell to generate extra income.
15. The real estate appraiser values their caravan at €2,750.
16. Don and Chantal spend €400 per month on groceries.
17. They spend €480 per month on Japanese dining.
18. Don and Chantal have a monthly spending pattern that matches their income.
19. They could benefit from creating a joint account for shared expenses.
20. Jacqueline recommends reviewing and adjusting their budget to build a financial buffer.