July 2022 -Another hot month

July 2022 was a pretty standard month for us, at least on the financial side. It was once again a scorching month, too hot for me.

But we still managed to see friends and family and have an excellent time. Financially, we are back to a standard month and saved about 50% of our income.

So, let’s see in detail what happened to us during the hot month of July 2022.

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I use budgetwarrior for my budget and net worth

I have talked a lot about budget and net worth on this blog. Now, it is time to talk about which budget application I am using to track my budget and net worth.

I am using a simple tool for doing these two tasks. I also use the tool to generate the graphs in my monthly reports.

While many people in the personal finance community use Personal Capital, Mint, or Quicken, I use a little-known tool called budgetwarrior. I wrote this application myself.

This article presents this tool and how I use it to track my finances.

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Certo! One Mastercard World Review 2022

Cembra is a well-known credit card provider in Switzerland. They are primarily known for their Cumulus card with a good cashback. After stopping this card, they started a new set of cards: The Certo One Mastercard World and the Certo Mastercard World.

And these cards look even better than the last card from Cembra. So, let’s delve into the details of these two cards and see how interesting they are.

By the end of this review, you will know whether you should use one of these new cards from Cembra.

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June 2022 – Taxes and heat

I can summarise June 2022 in two extremes: heat and taxes.

It has been too hot this month. I do not handle heat well, so it has been hard for me, especially adding on top of sleep deprivation.

As for taxes, as I expected, we did not pay enough last year. Our income increased significantly but not the prepayment. So, we are left with more than 10K taxes from last year. I was a bit surprised by the amount. I was expecting less than that.

Aside from these two points, I would say it has been a routine month. So, let’s see in detail what happened.

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Early retiree in Switzerland – Dror’s Story

Most of the time, when we hear stories of early retirees, they are all living in countries where the cost of living is much lower than in Switzerland. But recently, I have had the chance to interview an early retiree in Switzerland!

Dror has retired in Switzerland in 2021 at the age of 46. His story is very interesting, in that he is one of the first early retirees I have had the chance to talk with.

Without further ado, here is the story of Dror Allouche, an early retiree in Switzerland!

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Charles Schwab International Review – Pros & Cons

Charles Schwab is a giant financial firm in the United States. Among other services, they offer stock broker services. And through Charles Schwab International, they are open to non-US residents.

Many of my readers have requested that I write about it. Therefore, I will review Charles Schwab International from the point of view of a Swiss investor. We will how much it costs to invest with Charles Schwab International and the advantages and disadvantages.

I only focus on their offer for non-US residents. They also offer their platform for US investors under slightly different conditions.

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Just Keep Buying – Book Review

I have not done a book review in a long time on this blog. I felt like most books did not deserve to be talked about. However, I felt like Just Keep Buying, from Nick Maggiulli, deserved to be talked about.

In this article, I will review this book, what I liked and what I did not like. By the end of the book review, you should know whether you want to read that book or not.

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May 2022 – Another month goes by

May 2022 was a good month. We had a nice time in the lovely weather. The first half of the month almost felt like summer. I even started wishing for colder temperatures (which I got in the second half of the month).

Financially, it was a good month for our savings rate. However, it was a bad month for our net worth because of the wild stock market. Even though we saved a considerable amount of money, our net worth decreased compared to last month.

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