All you need to know about Health Insurance in Switzerland

Categories Frugality4 Comments on All you need to know about Health Insurance in Switzerland

The health insurance system in Switzerland is complicated. And since it is mandatory to have health insurance, it is imperative to understand it correctly.

These last few years, health insurance has become very expensive. But many people are paying much more than they ought to. You need to know that there are a few things we can do to pay less!

In this post, I am going to cover the details of the health insurance system in Switzerland. I am going to cover mostly the base health insurance in great details. You must choose wisely, and there are many options. I am also going to cover supplemental health insurance, but it is too varied to be covered in details.

So, let’s get into Health Insurance!

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Is Switzerland really So Expensive?

Categories Frugality, Switzerland8 Comments on Is Switzerland really So Expensive?

People often cite Switzerland as the most expensive country in the world. Several of its cities, Zurich and Geneva, are also often named in the list of most expensive cities in the world.

Now, is it as expensive as people believe it is? Is everything more expensive or are just some items significantly more costly than others? And finally, are some things cheaper in Switzerland than in other countries?

In this post, I am going to answer these questions. We are going to discuss the price of several things in Switzerland. It should give us enough material to answer the question of whether Switzerland is really so expensive!

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9 Simple Tips to Find Cheap Kindle Ebooks in 2019

Categories Frugality, Budget15 Comments on 9 Simple Tips to Find Cheap Kindle Ebooks in 2019

I bought my Amazon Kindle more than six years ago. First, I purchased the original Kindle. A few years later, I bought the Kindle Paperwhite. I have been delighted with both. It is 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 well over 120 books on my Kindle. At the time, I thought 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 cannot buy used books. In the last two years, I almost have not purchased 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 during this time. I bought them for less than 2 CHF each on average. And I only bought books in an excellent state.

The problem is the room second-hand books take! My bookshelf is full, and books are piling up! I am 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 is a pain to carry them.

So I only bought Kindle ebooks for traveling. But there are still so many advantages to my Kindle. Therefore, I have been looking for ways to find cheap Kindle books. Here are nine simple tricks to find cheap ebooks for Kindle.

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26 Great Money-Saving Tips from The Best Finance Bloggers

Categories Frugality2 Comments on 26 Great Money-Saving Tips from The Best Finance Bloggers

I am sure you like money-saving tips. At least, I sure do! I really like great and original tips about saving money. So today I am going to give you many of them!

And who best to give money-saving tips than the best Personal Finance Bloggers there are? So, instead of giving you my tips, I am going to give you the best money-saving tips from the best bloggers!

Without further ado, let’s see how to save money with the best money-saving tips from the best Money Bloggers!

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How to Overcome Lifestyle Creep For Financial Freedom

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(This post was first published on ThinkSaveRetire. Thanks a lot to Steve for the opportunity of guest posting.)

My personal goal is to become Financially Free as soon as possible. As a software engineer in Switzerland, I am earning about 130’000 USD per year. As such, I am viewed as a high-income earner.

People think that earning a high-income makes it easier to become Financially Free. And on some counts, it does. But most high-income earners are not financially free and a lot of them are not even wealthy.

People believe most high-income earners are wealthy. Indeed they generally show signs of wealth such as a very good car, a large house, and very good suits. But, a lot of these people do not have any savings and accumulate large amounts of debt. They are not wealthy at all!

The main reason for that is Lifestyle Creep! In this post, we are going to see exactly what it is. I am also going through my own experience with it. And more importantly, how high-income earners can overcome lifestyle creep for Financial Freedom!

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How to Build a Simple Kitchen Cabinet for 30$

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We needed a small cabinet to save some space in our kitchen. Instead of shopping for one, I decided to build a small kitchen cabinet. I really like building pieces of furniture. It is a lot of fun and it is quite cheap.

In the end, I was able to build a nice and simple white kitchen cabinet for about 30$. I only used some simple tools because I do not have a workshop. The result is not perfect but it is not too bad either. And it is much more satisfying than if I bought it.

I am going to go over the various steps of the project as well as the possible improvements. I am also detailing the cost of the entire project. Finally, I am going to talk about all that I learned during this project. Keep in mind that I am a beginner! I am still learning a lot with each of my DIY projects.

But if I was able to do that, everybody can build a cabinet at least as good as this one. And probably better if you do not do the same mistakes I did!

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The Best Phone Plans in Switzerland in 2019

Categories Frugality, Switzerland8 Comments on The Best Phone Plans in Switzerland in 2019

I think we can agree that everybody wants to pay as little as possible for their phone bills. Even though you may think your current phone plans 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.

Very recently, one of my reader, MrBeardedGuy, let me know of a very cheap phone provider, Mucho. I had never heard of this. And it looked very cheap. It had been too long since I had a proper evaluation of my phone bills. So I decided to do a full comparison based on my personal usage. And I figured it could help my readers as well to reduce their phone bills. I am almost sure I am not the only one paying too much for my phone bills.

The Swiss Phone plan market is quite diverse these days. 15 years ago, it was almost only Swisscom and everybody was content with it. Now, there are many other providers using one of the three major networks.

In this post, I am going to compare the phone plans and prepaid cards for 7 standard phone usages. For each of them, I will show the cheapest options available. Keep reading if you want to save money on your phone bill!

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The Best Websites For Online Shopping In Switzerland

Categories Frugality, Switzerland6 Comments on The Best Websites For Online Shopping In Switzerland

These days, a lot of shopping is done online. It is so practical to shop for something online. It can save you a lot of time. And it allows you to easily compare many different websites to get the best deals. This can also save you some money.

Of course, online shopping also has its dark side. Since it is so convenient to shop online, some people are buying many more things than they should. It is so easy to press a button and get things delivered at home. I am sure it happened to many of you. At least, it happened to me!

If you are only buying things you need, online shopping can be a great thing. But you still need to know where to shop online. Even in our small Swiss country, there are hundreds of websites where to shop. And let’s not forget that sometimes online shopping is not cheaper than shopping in a normal shop!

In this post, I am going to list the best online shopping websites in Switzerland. This should allow you to shop for the best prices!

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5 Frugal Tips from Swiss Finance Bloggers

Categories Frugality6 Comments on 5 Frugal Tips from Swiss Finance Bloggers

Everybody likes frugal tips. These tips help you save more money every month. I wanted to share some of my frugal tips in this article. But I realized it would be even better if I collected some of the best tips from other Swiss Personal Finance Bloggers as well. When you live in the most expensive country in the world, you need frugal tips!

These tips can help you save more money.  There are many things you can do. We have already covered some of these things on this blog. But today’s tips are not only coming from me! They are coming from some of the best Swiss Personal Finance Bloggers!

Stay tuned if you want to learn how Swiss Personal Finance Bloggers are saving money in this expensive country!

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Transferwise vs Revolut: Which Is Best For You?

Categories Investing, Frugality32 Comments on Transferwise vs Revolut: Which Is Best For You?

TransferWise and Revolut offer services that are quite similar. They are both proposing cheap money transfer in many different currencies. I now have both cards. But, I am mostly using my Revolut card. So, many of my readers asked me why I was mainly using my Revolut card, where I could have only used my TransferWise card. Today, I am going to answer the question: Which is better between TransferWise and Revolut?

When I started using Revolut, there was no way to top it up for free from my bank account since they did not have a Swiss bank account. Therefore, I was using a TransferWise card as an intermediary between my bank account and my Revolut account. Now, Revolut has a Swiss IBAN, and I do not have to use my TransferWise card anymore. Let’s see why I am using Revolut more than TransferWise.

Both companies will help you save money on foreign currency exchanges. However, they are still different in their fees and their offers. They both have some pros and cons. And that is precisely what we are going to go over in this post.

For this comparison, I am only going to go over the personal accounts, not the business accounts. Both TransferWise and Revolut offer accounts for businesses. But this is out of scope for this article. So, let’s compare TransferWise vs Revolut.

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