February 2022 – A good month

February was a better month than January. We did not have to deal with COVID again. And we managed to do a few things again with friends and family.

Overall, not much happened this month.

Financially, it was quite a good month. We had a good income and a few extra expenses, but nothing too expensive. So we managed to save a substantial portion of our income.

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How much we spent in 2021 – Full Expense Report

I keep track of all my expenses. And monthly, I publish an update with my expenses on this blog. But once a year, I also do a complete analysis of my costs for the past year. It helps me put things in perspective. And it also gives me an idea of where my expenses are going for an entire year.

It is an essential part of the way I manage my money. I do not have a budget, but I track all our expenses. And seeing expenses summed for an entire year help us realize how much we spend in some categories.

So, let’s see the expenses of The Poor Swiss family for 2021. Compared to our previous years, this is now for a family of 3!

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You should start investing early! Here’s why!

Starting investing early has many advantages. However, many people do not start investing until late in their careers. If you start investing early, you will see many more benefits to investing.

Investing is a long-term game. The average returns are good. But you will not see instant results. You could see a few bad years as well. If you do not give it time, you will not be able to reap all the benefits of investing.

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Your retirement benefits after your death

On this blog, I have talked at length about the retirement system of Switzerland, the so-called three pillars. However, I have not covered in detail what would happen to these different parts in the event of your death.

Even though this is a subject that most people prefer to avoid, it is an important subject. Indeed, you want to be sure that people who depend on you will be covered if this happens. And it is also essential to know about that in some special situations.

And it is also important to cover what happens before retirement age and after retirement since this will vary.

So, in this article, we will cover what will happen to each of the three pillars in the event of your death.

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January 2022 – A poor start of the year

January 2022 did not start as well as we would have liked. We went back in quarantine after contact with somebody that turned out COVID positive, and Mrs. The Poor Swiss and Baby Poor Swiss had dome symptoms. But everybody is fine now!

We had to cancel plenty of things and refuse help when we would have needed it. This month was definitely not good for morale.

From a financial point of view, it was a great month with standard expenses and high income.

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2022 Goals and 2021 Goals Review

At the end of each year, I review my goals and plan the following year. And to keep me accountable, I publish them on this blog and follow them month after month.

I will do a single article for the review and the new goals this year. I think it is more digestible that way.

So, in this article, I will review my 2021 goals and their progress, what went well, and what did not go well. And then, I am going to show and explain my 2022 goals.

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The cost of owning our house after a year

Many people are wondering how much is our house costing us. But, it was difficult to answer that question before we lived inside for a while.

After one year spent in our house, I want to summarize all the fees we have paid. I am only going to compare what changed. For instance, we still pay about the same electricity as before, so this does not change. But heating is different, and we have to pay for water, for instance.

Hopefully, this will be useful for people wondering how much it costs to live in an owned house.

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December 2021 – Usual end of year month

2021 really flew by. I cannot believe it is already over! Overall, this was a weird year, with COVID and then the birth of my son. It did not look like any other year.

Nevertheless, December 2021 still felt a little like a usual end-of-year month. We had the (mostly) usual celebrations and the usual end-of-year bills.

Overall, it was a good month for us. So, let’s see the details of what happened in December 2021.

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