Save money in November: change your car insurance and increase your lottery jackpot

Save money in November: change your car insurance and increase your lottery jackpot

Consumers can use various options to save money in November. Changing car insurance can result in significant savings. Many insurance contracts expire at the end of the year and can be canceled one month in advance. The Finanztip portal therefore recommends using comparison portals or obtaining offers from direct insurers. Switching to another provider can result in significant savings.

Another innovation concerns the identity card. Previously, the PIN code sent had to be confirmed with a signature in the office. However, from November this can be confirmed online with a click. The ID card can then usually be picked up from a machine without an appointment. Another new feature concerns the Cell Broadcast emergency warning system. From November, the warnings will also reach older cell phones that were previously unable to receive them.

Employees with high business expenses, special expenses or extraordinary burdens have the opportunity to submit an application for a wage tax reduction to the tax office by November 30th. This reduces taxable income and the employer has to withhold less income tax. This leads to more disposable income for the time being, as the money is reclaimed by the government, which is normally refunded via the tax return.

For the lottery, the maximum jackpot amount will increase to 50 million euros from November. So far this was 45 million euros. However, it will be more difficult to win the jackpot because the possibility of a “final payout” without six numbers plus a super number will no longer be possible.

Subscribers to the Disney+ streaming service can expect a price increase. Previously, the premium subscription cost 8.99 euros per month or 89.90 euros per year. However, from November it will cost 11.99 euros per month or 119.90 euros per year. There will still be a standard subscription at the old price, but with limited features. From November onwards, Disney+ will also be offering a standard subscription with advertising for 5.99 euros per month.

Be careful when shopping for bargains in November. Many retailers advertise discounts, but not all offers are actually bargains. The North Rhine-Westphalia Consumer Center recommends checking the offers carefully and using price search engines to ensure that they are real bargains.

According to an article by Zeit.de, November is very important for consumers because there are various ways to save money. A change in vehicle insurance, the simplification of applying for an ID card, the expansion of the emergency alert system for cell phones, the possibility of applying for a payroll tax reduction and the changes to the lottery and Disney+ are just some of the innovations available to consumers in November. It is advisable to take advantage of these opportunities and, especially when shopping for bargains, to be well informed in order to find the best deal.