MBudget Mini and Maxi Promotion – Double the monthly data

Posted on Categories Budget, Frugality, Spending8 Comments on MBudget Mini and Maxi Promotion – Double the monthly data

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 ?

My monthly personal finance routine – 11 things I do each month

Posted on Categories Budget, FIRE, Goals, Monthly2 Comments on My monthly personal finance routine – 11 things I do each month

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.

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My 7 biggest budgeting mistakes – How I fixed them

Posted on Categories Budget, Frugality, Spending, Tips4 Comments on My 7 biggest budgeting mistakes – How I fixed them

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 😉

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I Will Teach You To Be Rich – Book Review

Posted on Categories Books, Budget, Investment4 Comments on I Will Teach You To Be Rich – Book Review

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.

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7 tips to find cheaper Kindle ebooks

Posted on Categories Budget, Frugality, Spending, Tips5 Comments on 7 tips to find cheaper Kindle ebooks

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.

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You need a budget and how I budget

Posted on Categories Budget, Spending4 Comments on You need a budget and how I budget

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!

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How to integrate second pillar in my net worth

Posted on Categories Budget, FIRE, Goals, Investment, Switzerland8 Comments on How to integrate second pillar in my net worth

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.

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Changed the accounting of my life insurance

Posted on Categories Budget, Investment7 Comments on Changed the accounting of my life insurance

In Switzerland, the third pillar of retirement can be either in a bank account or in the form of a life insurance. This is a special form of life insurance. You will get some part of your capital back at the retirement age (65 years old currently). In the case you die, your spouse will get the capital. Moreover, most of these insurance policies also cover the case where you can’t pay anymore. Not if you stop paying, of course. But if you become handicapped or unable to work. In this case, the insurance will cover your fee while you can’t work.

I’m not sure this is a good deal for everybody. But it’s a good deal for me. My future spouse does not yet work and will not have a full retirement pension once she retires. Thus, if I pass away, she will have a good cover from my life insurance. For some people, it is also a good way to force them to contribute to their retirement savings.

I pay 300 CHF each month for this insurance. Until now, I’ve always counted that as an expense in my budget. But, it is not really an expense. It is similar to the payment I do to my bank third pillar. And I don’t account for these as expenses. This is investment. So, I decided to remove this recurring expense from my budget. Since we are close to the beginning of the year, I also decided to remove it from January 2018 and February 2018. This means that my savings rate is better in these two months. It is now 33% in January and 4.2% in February. I will update the Savings Rates shortly.

However, my Net Worth does not get better since the current value of the insurance is 0 CHF. If you take out the insurance in the early years, you lose everything. In fact, I will start accounting the insurance as Net Worth in September 2018. This makes my accounting better and more accurate.

What about you ? How do you account for your retirement life insurance ? Do you have one ?

February 2018 Update – Vacation and wedding

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Edit: I changed the way I’m accounting for my life insurance, this gives me a savings rate of 4.2% now.

February is now done, it’s time for another monthly update!

I haven’t posted on this blog since the last update, I was in vacation in China for more than half the month. I hope to post more in March.

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January 2018 Update – Ph.D. and good savings

Posted on Categories Budget, Frugality, Goals, Monthly1 Comment on January 2018 Update – Ph.D. and good savings

Edit: I changed the way I’m accounting for my life insurance, this gives me a savings rate of 33.7% now.

It is time for another monthly update! After a good December 2017, the new year is up to great start in January with year another very good month 🙂

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