How to Sell Things Online in Switzerland in 2020?

Categories Side Hustle, Frugality, Switzerland

When you have a lot of things at home, there are probably many of these things that are not necessary. An excellent way to get rid of some of these things is to sell them.

You will save space and earn some money! There are many ways to sell items. But in today’s age, selling online is often the way to go.

For instance, recently, I did some ordering in my technology closet (yes, I am the kind of guy that has a technology closet). And I realized that I had way too many things stored at home. I also realized that I had way too many servers. So I decided to sell online a few things.

I am mostly using online websites to sell things. I am far from being a minimalist. It is easily seen by my technology closet that is still too full after a first purge. But I am trying to reduce a bit the amount of burden I own. And if I can get some money in the process, it is a nice bonus!

In this post, I am going to talk about what I am selling online in Switzerland. And how am I selling them!

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Neon vs Revolut: Which is best for you?

Categories Investing, 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.

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

So, how can you choose between the two? This article will help you decide by comparing in detail Neon vs Revolut. The comparison will be made on many levels: fees, security, limits…

If you want to know which of Neon or Revolut is better for you, keep on reading!

Note: I will be focusing on the free Revolut account. They have premium accounts as well, but they are out of the scope of this article.

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How to raise a baby frugally in Switzerland with Mama Bear Finance

Categories Frugality

Everybody will tell you that raising children is very expensive. In fact, in the United States, it is supposed to cost a quarter of a million dollars. And, in Switzerland, statistics say that it will cost you over 200’000 CHF!

But is raising a baby really that expensive? And is there something we can do to raise a baby frugally and reduce our expenses? Yes, there is!

Today, I talk with Mama Bear Finance, who is a first-time mom. During these ten months, she managed to spend less than 4000 CHF! And she kept track of all her baby expenses!

And now, she is sharing her experience with us! Keep on reading to learn how you can raise a baby frugally in Switzerland!

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11 Simple Tips to Find Cheap Kindle Ebooks in 2020

Categories Frugality, Budget

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 a great 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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Frugal Living in Switzerland Interview 3 – Thomas Sparkojote

Categories Frugality, Switzerland

Recently, I have started a series where I interview people living frugally. People have really well received these articles. So I am going to try to keep them going!

Today, I am interview another frugal person living in Switzerland, Thomas “Sparkojote”. He is a young, 23 years old, blogger, living in Zurich, one of the most expensive cities in the world. And he is actually saving more than 80% of his income! This makes him the most frugal of the persons I have interviewed so far! It is incredible how little he is spending.

So here are the answers of Thomas to my frugal interview questions!

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Why and How to Go Paperless in 2020?

Categories Financial Independence, Frugality

I think a lot of people will agree that having lots of paper documents at home is a hassle. Who would not want to get rid of all this for a better solution?

Recently, I decided to become paperless with my administrative documents. It was a long work. But now, I am finally done. All my documents are available as electronic documents now. I have been able to throw away five big document binders!

I have used my phone as a scanner and uploaded all my documents to the cloud. Now my documents are accessible from anywhere. And they are safely stored in the cloud.

Find out how I became paperless for free in this post. And how you can do it too!

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Transferwise vs Revolut: Which Is Best For You?

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.

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.

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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Revolut in Switzerland Top Up For Free with Revolut Swiss IBAN

Categories Investing, Budget, Frugality

I think Swiss investors will agree that the biggest problem with Revolut was that they did not have a Swiss IBAN. Some good news just arrived for us!

Revolut now includes a Swiss IBAN when you want to top it up! It means you can now top up your Revolut account for free directly from your bank account. It is great since that was missing from the start on the Revolut account.

And probably even bigger news for Revolut: they got a European Specialised Bank License! It is a big deal for the company. Revolut is now officially a bank and will soon start offering new services. But for us, it will not change much soon.

I have been using Revolut for about six months now, and I like it. During that time, I have saved a lot of money by using their free currency exchange services. I am interested to see how they are going to implement this banking license in the future. I would like to have a cheap and good bank account in the future. In the meantime, Neon is an excellent bank account.

In this post, we are going to see what do these changes mean for other Revolut customers and me! If you do not know about Revolut, stay tuned!

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Frugal Living in Switzerland Interview 2 – Mr. Road To Fire

Categories Frugality

Last month, I started my new interview series: Frugal Living in Switzerland. The first interview with Janet was very well received by my readers. In this series, I am interviewing people that manage to live frugally in Switzerland, one of the most expensive countries in the world.

Today, I am going to interview another frugal person living in Switzerland, Mr. Road To Fire. He is a young manager, saving more than 55% of his income! It is another great example of how you can live very frugally in Switzerland.

Without further ado, here are the answers of Mr. Road To Fire to my questions!
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Never pay any currency exchange fee again with the Revolut Credit Card!

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!

I already tried to find the best credit card in Switzerland. When I compare all my options, I found out that foreign exchange fees were costing me more than the annual fee of the credit card. So, a travel card such as the Revolut credit card will save you a lot of money!

In my first review of my options for Switzerland, I already took a look at Revolut. At that time, I did not delve too deep into it. It is now time to fill this void in my credit card strategy. I finally decided to order a Revolut credit card! And I found out a process to top up a Revolut card for free in Switzerland!

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