Happy new year to you all! Now that we started in 2018, it is time for the last monthly update of 2017. After a rather poor November 2017, December 2017 is significantly better. I have been able to keep my spendings lower than usual. It was not a very eventful month. Except of course for the usual Christmas celebrations. I always spend Christmas with my family and it was great :)
November 2017 is over, it is time for another monthly update. After a bad October 2017, I have seen some improvements.
November 2017 was not bad in terms of savings, but it was a bit lower than I was expecting. The savings rate for the month is 14.25%. It is not perfect, but still better than last month. My goal is to go to 25%. But I probably will need a salary raise to go there (I am still gonna try without the raise).
I just got confirmation from my building manager that they accepted the reduction of rent that I asked for. I am quite satisfied with the answer. However, they have been incredibly slow in answering me. They answered more than two months after my request… In Switzerland, most building managers are getting worse and worse.
With this reduction, my base rent goes from 1175 CHF to 1122 CHF. This will only start at the next term of my lease, on April 1st. But this means that next year, I will save 53 CHF * 9 = 477 CHF. And I will save even more the following year since all months will be lower :)
I decided to check all my recurring expenses and see if I could save something on at least some of them. Turns out I can! I was able to change my car insurance to save over 350 CHF per year on it.
It is very important to regularly check if there are better deals on your insurance. Even though an insurance could be the cheapest at some point, it may not be the case a few years later.
This is the first monthly update of my budget and finances on this blog. I will try to do this every month and normally earlier than this. I was on vacation.