Living in Switzerland is expensive. There is no point denying that. However, it is not as expensive as many people think. There are many ways to save money each month on your budget in Switzerland.
People pay too much each month for most of their bills in Switzerland. For many people, it is because they do not know they can pay less. Many people simply assume that they need to pay this amount and never try to optimize their budget.
Some households are also content with saving a tiny portion of their salary and do not try to save more. Finally, some people are simply falling into the trap of lifestyle inflation (very easy in Switzerland!). As long as their salary increases, they do not care too much about how their expenses increases!
But I think that people should always try to spend less when they can. When you can get the same quality for half the price, I do not see why you should pay more!
So in this article, we are going to look at 12 ways you can save money each month. The idea is to focus on recurring to have savings for the long term.
Continue reading “12 Easy Ways to Save Money Each Month in Switzerland”
Recently, I had the chance to discuss Real Estate investments with Iain. Iain came from the United Kingdom to Switzerland 14 years ago. He is now a Swiss citizen.
He has been investing heavily in several properties, especially in the United Kingdom. I thought it would make a very interesting story for this blog.
We are currently considering buying a house to live in, but not yet investing in property. But diversification being very important, this may be something we will do in the future.
So, let’s learn together how Iain build his extensive property portfolio.
Continue reading “How to invest in foreign property from Switzerland – The Story of Iain”
In Switzerland, there are many differences between the different states (or cantons). Can you take advantage of these differences and do geo arbitrage inside Switzerland? We are talking about arbitrage for money advantages.
Most people using geo arbitrage are doing it in different countries. For instance, several people work in Switzerland but then plan to retire in a cheaper country. But I think there are opportunities within Switzerland.
So, we are going to explore the different opportunities for geo arbitrage within Switzerland. Let’s see if people can get more money or reduce their taxes by moving within Switzerland.
Continue reading “Geo Arbitrage in Switzerland – Improve your finances by moving”
When you are trying to reach Financial Independence (FI), the best way to reach FI faster is to increase your savings rate. Your savings rate is the amount of your net income that you can save.
For increasing your savings rate, you have two options. You can either spend less or grow your income. These two options will directly increase your savings rate. And as a result, they will speed up your road to Financial Independence and make you reach FI faster.
Continue reading “Grow Your Income or Spend Less to Reach FI in 2020?”
In 2020, many things have happened in the P2P Lending world. Two major platforms have disappeared. And with them, all the money of the investors.
In this context, it is essential to talk rationally about P2P Lending. People need to realize the risks. But not all platforms are scams.
I think that Mintos is the safest platform out there. It is the biggest platform and has been reliable since its creation in 2015.
Continue reading “Mintos Review – My experience and results in 2020”
These days, everybody needs an internet connection. And we can agree that we all want to pay as little as possible for our connection to the web. Although your internet plan may have been the cheapest when you started using it, it may not be the case anymore. New deals may have appeared.
If you want to keep saving money on your internet plan, you need to compare offers and always keep up to date with the latest offerings.
Continue reading “The Best Internet Plans in Switzerland for 2020”
The current crisis is not a good thing. However, it is not the end of the world. And it can teach us some things about being socially isolated. Let’s stay positive and try to learn from this unprecedented isolation.
During this crisis, we have been learning many things. Some of these things we were already doing, and we only realize their importance now. But for other things, we understand that we can improve some things in our life. That way, the next time we will have to deal with such a crisis, we will be more prepared.
Continue reading “Life in isolation: 9 Lessons we are learning during the Coronavirus crisis”
Selma is a Robo-Advisor in Switzerland. They offer a different approach than other Robo-Advisors in Switzerland. Indeed, you will have your own virtual personal assistant.
This assistant will guide you through investing. And through your chat with the assistant, the system will design a personalized portfolio.
Continue reading “Selma Review – Great Swiss Robo-Advisor”
These are troubled times. In March 2020, the new coronavirus, COVID-19, made it to Europe. And now, European countries are trying to fight off the virus. Some are doing a good job, but most are not faring too well.
I hope all of you are healthy and safe in these weird times! Health is the most important thing these days.
Regardless of all this madness, it is time for another monthly update, a constant in this changing world!
Continue reading “March 2020 – COVID-19 comes to Europe”
I think we can agree that everybody wants to pay as little as possible for their television bills. Even though you may think your current television plan is the cheapest available, there could be new deals since you started using your plan. It is always important to keep up to date with the latest offers.
There are many Television offerings in Switzerland. Some are expensive, while some can be cheaper than you thought.
In this article, I am going to compare different ways to get Television in Switzerland.
Continue reading “The best Television plans in Switzerland for 2020”