Frugal Living in Switzerland Interview 5: The DoubleDutch Family

Categories Frugality, Switzerland

It is time for another installment in our Frugal Living in Switzerland series of interviews!

And today, I was able to interview a non-blogger family for this series. And compared to the other interviewees, we now have a couple of expats that answered together.

Mr. and Mrs. DoubleDutch are able to save a large portion of their income in Switzerland and live with a very reasonable amount of money!

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My Working from Home Experience and Tips

Categories Frugality

I have now been working from home for more than four months. And overall, I like it a lot! For me, there are many advantages to working from home when compared to going to the office.

But, it takes some time and organization to get used to working from home. So, I wanted to share my experience with you in the hope that it will help some people with working from home.

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7 Powerful Reasons to Become Financially Independent

Categories Financial Independence, Frugality

You have probably heard a lot about Financial Independence. A lot of things on this blog are about my path to Financial Independence (FI). But why would you want to be financially independent? There are many reasons for wanting to be financially independent. And as you will see, retiring may not be the most significant reason.

In this post, I am going to list the main reasons people want to be Financially Independent. Of course, the reasons may not be the same for everybody. Some reasons will appeal to you more than others. It is fine. Not everybody has the same motivations in trying to reach FI. And not even everybody wants to reach FI!

You may have some reasons to reach FI that I did not even think about! Please let me know in the comments if that is the case! I would like to know why you want to be Financially Independent.

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Investing Fees could cost you your early retirement!

Categories Investing, Frugality

When you are investing, you want to minimize your investing fees. It is something most people already realize. But what most people do not realize is how expensive fees can be in the long-term.

In this article, we are going to see precisely how much investing fees are hurting you! Not only will we see that they are more expensive than they seem. We will also see that investing fees have a significant impact on your retirement!

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Transferwise vs Revolut: Which Is Best in 2020?

Categories Investing, Frugality

TransferWise and Revolut offer services that are quite similar. They are both offering cheap money transfers in many different currencies. How can you decide between both services?

I 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?

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.

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Neon vs Revolut: Which is best for you?

Categories Financial Independence, Frugality, Switzerland

Neon and Revolut are both digital banks. However, they are very different banks. Until recently, they both were very complimentary. But then, something changed!

In January 2020, Neon announced that they removed the fees for payment abroad with their cards. It means that they are now a direct concurrent of Revolut, which everybody is using to save on currency exchange fees.

And in June 2020, Revolut reduced the amount of free currency exchanges you can do!

This new information makes it interesting to compare the two. Do you need Revolut now if you have a Neon account?

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Revolut Review: Never pay any currency exchange fee again!

Categories Frugality, Travel

One big problem with most credit cards is that they charge hefty fees for transactions in foreign currencies. If your base currency is Swiss Francs and you are paying something in dollars, you will have to pay a percentage of the transaction as a fee. It is not uncommon for credit card companies to charge more than 2% fees on such transactions. That is where the Revolut travel card comes into play!

As we are going to see, Revolut can help you save a lot of money on foreign transaction fees. Moreover, where banks are generally giving bad exchange rates between currencies, Revolut is usually giving you the best exchange rates available. If you purchase things in other currencies, or even from other countries, such a travel card is essential to saving you money!

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Is Switzerland really So Expensive in 2020?

Categories Frugality, Switzerland

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?

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