One thing I didn’t cover yet on this blog is how do we get around. You may be surprised to hear that we mostly use a car. If you follow several personal finance blogs, you may have heard that cars are almost evil. Most people will actually advocate you to ride a bike or take public transportation.
However, I don’t think cars are evil. I don’t really like driving, but I like the freedom that the car give me. Moreover, where I live, it’s almost mandatory to own a car. We use it to get around almost everywhere.
In this post, we are going to see how we get around with our car and how we are traveling abroad. I’m also going to detail the cost related to my car. I’m not going to advocate you to have a car. The choice is for every one to do. I can totally understand people who don’t want to drive. If you live in a city for example, it’s not as useful. But cars are not evil! You can become financially independent with a car ;)
Continue reading “How do we get around ?”
If you are interested about personal finance, you should probably have come across the term Emergency Fund. An emergency fund is simply some money, available directly, that you can use in case of emergency.
It’s an interesting subject since not everybody agrees on it. Some people have an emergency fund that can cover one year of expenses. And some people think you don’t need one. Personally, I don’t think an emergency fund is a bad thing. But you should be aware of its cost. I think that too much people put too much emphasis on the emergency fund. In this post, we are going to see both sides of the story. We are going to see in details what an emergency fund is.
Continue reading “Emergency Fund – Do you really need one ?”
Our food budget is something that we are managing to keep quite low. Last year, it was still too high. So I changed some of my habits and now we manage to keep our food budget around 400 CHF in average. For two people. This may seem high, but for Switzerland, I think it’s quite reasonable.
To reach this low food budget, we are doing several things. Mainly, the idea is to compare several shops and only shop where you can get the best bargain. If you all the way, you should compare for each product. But who got the time ? The idea is more to select one cheap shop as the main shop and then buy some cheaper things in other shops but less often.
In this post, I’m going to list 5 things we do, and that you could do too, to keep our food budget low.
Continue reading “5 things to do to keep your food budget small”
I’ve just seen that Migros started a very nice offer on their MBudget Mini and MBudget Maxi mobile plan. You can now get twice more mobile data each month for free. I think it’s a great offer. So I wanted to share this offer with you! I hope many of you can profit from this awesome offer!
From July 1st to August 31st, you get twice more data for one year. For the same price! This is also working for current customers! My monthly data allowance just got doubled from 600Mo to 1.2Go :)
Here are the details of the two plans from Migros:
- MBudget Mini is 19 CHF / month. You normally get 600Mo per month. Now you can get 1200Mo per month
- MBudget Maxi is 29 CHF / month. You normally get 2Go per month. Now you’ll get 4Go per month.
Here is the link to the promotion: MBudget Mobile Double Data promotion
If you are an existing customer, there is no downside to it. You can get double the data for one year. If you want to change mobile plan, this is the perfect plan :)
I’ve been a customer of Migros mobile plans for more than 1 year now. Recently, I changed from the Maxi to the Mini plan to save 10 CHF per month. I haven’t had any issue with them so far. The plan is great and I’ve been able to keep below 600Mo. However, I have to be very careful. But with more data, I will be able to use my phone a bit more. Especially since I don’t have WIFI at work anymore. So far, I really their offer. And the network is really good since they are using Swisscom network which is the best in my region. For now, I don’t have any reason to find a better plan. And it’s even more the case with this offer.
What mobile plan do you prefer ?
Each month, I’m following the same personal finance routine for my budget. You can see most of the results in my monthly finance reports. In this post, I’m going to describe the steps I’m doing every month.
I think it’s great to have a routine. This helps to get more efficient and like this you don’t forget to do everything.
Continue reading “My monthly personal finance routine – 11 things I do each month”
Over the years, I’ve made many budgeting mistakes. In this post, I’ll try to list a few of the big mistakes I’ve made. I’m talking here about mistakes in the way I did my budget. And also spending mistakes. Some of the mistakes are not a big deal but some of the others made me spend too much. Overall, I would be better off if I had known this a few years ago.
Find out how I fixed my budgeting mistakes. I’ve learned a lot from my budgeting mistakes and I hope you can learn a lot from them too! The idea is of course to avoid them now that you of them ;)
Continue reading “My 7 biggest budgeting mistakes – How I fixed them”
I just finished reading I Will Teach You To Be Rich, by Ramit Sethi. This book will give you a lot of advice on how to improve your finances. It may not make you a millionaire. But it’s a great book, full of helpful recommendations on how to improve your finances!
This book has been great to read. One of the best read from the personal finance books I’ve read so far. Like the last book I read, I’ve been able to buy it for a few dollars on Kindle. If you want to be lucky, look at my techniques to find cheap Kindle ebooks.
Continue reading “I Will Teach You To Be Rich – Book Review”
I bought my Amazon Kindle more than 6 years ago. First I bought the original Kindle. A few years later, I bought the Kindle Paperwhite. I’ve been very happy with both. It’s such a fantastic thing to travel with all my ebooks in my pocket and not have five, or more, heavy books in my luggage.
Over the years, I bought and read over 120 books on my Kindle. At the time, I was thinking it was very cheap. And indeed, I was saving money compared to print books. I realize now that this may not have been the case.
For frugal people, there is one big issue with Kindle books: You can’t buy used books. In the last two years, I almost haven’t bought any Kindle ebook. Instead, I bought many used books. There is a second-hand shop, near my current job. I probably bought over 40 books in this time. I bought them for less than 2 CHF on average. And I only bought books in very good state. The problem is the room they take! My bookshelf is full and books are piling up! I’m going to build a new one. But after some time, the new one will be full too. The other problem is traveling. If I need several books, it’s a pain to carry them.
I’ve been looking for ways to find cheap Kindle books. Here are 7 tricks to find really cheap ebooks for Kindle.
Continue reading “7 tips to find cheaper Kindle ebooks”
Everybody manages its budget in its own way. There is no one single way of doing it. But, everybody need a budget. This is very important. There are many reasons why it’s important.
In this post, I’m going to go over the reasons why you need a budget. I’m also going to talk about the way I’m managing my own. It’s only one of them, but if it works for me, it may work for you!
Continue reading “You need a budget and how I budget”
I’ve been monitoring my net worth since October 2017. But I’ve not considered my second pillar into it. Why ? Because I don’t get a monthly report on my second pillar. However, I don’t really need it since I can extrapolate from the monthly results. I just was too lazy before to do it.
I decided to stop being lazy and do it. Let’s see how (and why) I did it.
If you need, first take a look at how to calculate your net worth.
Continue reading “How to integrate second pillar in my net worth”