Financial Shero of the Week

10 questions for Christina Bösenberg, manager business innovation & transformation and author of a new work blog

1.  What did you buy with your first self-earned money?

A so-called “system”, at that time still with a cassette deck and record player. I was about 15 and had earned the money with ice cream sales and tutoring.

2.  What tools do you use to organize your finances?

For my financial transactions/trading I use the online portal of a bigger bank, I inform myself at ariva.de about daily news and otherwise the good old spreadsheet, in which I track my income over the year and invest at least 20%. 

I work with the 70-20-10 method: 70% livelihood and fun, 20% invest, 10% donations. The numbers are, of course, flexible, and can also distribute themselves differently. It works well for me. I also have different accounts for different financial goals.   

My “favorite tool”, however, is a friend and absolute financial expert with whom I regularly exchange ideas and opinions over the phone.

3.  Do you own stocks or funds?

Yes, both.

4.  If we gave you 1000 Euros, what would you do with the money?

As an unexpected addition, I would probably put it in a riskier certificate and set on good returns. In addition, I always give a 10 – 20 % share of my income to social projects, preferably in my activities in Africa. Years ago I founded an NGO, which – through water projects – provides education for girls (who are otherwise responsible for fetching water in sub-Saharan Africa).

5.  What is worth spending (a lot of) money on?

Personal development and experiences; e.g. travelling to unusual places.  In the last 25 years I have also invested a lot of money in education and training – especially in my daughter’s.

6.  Have you ever forgotten your PIN?


7.  How do you pay: card or digital?

Digital if possible. Depending on what is possible. My bank was one of the first that offered Apple Pay, that was brilliant. In any case, I’m one of those people who rarely takes cash with them – and I always have been.

8.  Last major purchase?

Probably the down payment on my car lease…

9.  The last time you managed to resist the impulse to buy – and what was it?

A handbag from my favorite Italian label. I already have too many of them. The money then goes rather to Africa. When it comes to consumer goods, I’m thinking more and more about how many kids in Tanzania I could enable to go to school, or how much of my CO2 footprint I could make up for the money. But I still have bags and nice clothes 😉

10.  What is priceless?

Real moments with people, closeness with my daughter, the moment when new understanding presents itself inwardly. Friendship, love, and above all to see my children grow up.