12 Easy Ways to Save Money Each Month in Switzerland

Categories Budget, Frugality

Living in Switzerland is expensive. There is no point denying that. However, it is not as expensive as many people think. There are many ways to save money each month on your budget in Switzerland.

People pay too much each month for most of their bills in Switzerland. For many people, it is because they do not know they can pay less. Many people simply assume that they need to pay this amount and never try to optimize their budget.

Some households are also content with saving a tiny portion of their salary and do not try to save more. Finally, some people are simply falling into the trap of lifestyle inflation (very easy in Switzerland!). As long as their salary increases, they do not care too much about how their expenses increases!

But I think that people should always try to spend less when they can. When you can get the same quality for half the price, I do not see why you should pay more!

So in this article, we are going to look at 12 ways you can save money each month. The idea is to focus on recurring to have savings for the long term.

Continue reading “12 Easy Ways to Save Money Each Month in Switzerland”

Geo Arbitrage in Switzerland – Improve your finances by moving

Categories Switzerland, Frugality

In Switzerland, there are many differences between the different states (or cantons). Can you take advantage of these differences and do geo arbitrage inside Switzerland? We are talking about arbitrage for money advantages.

Most people using geo arbitrage are doing it in different countries. For instance, several people work in Switzerland but then plan to retire in a cheaper country. But I think there are opportunities within Switzerland.

So, we are going to explore the different opportunities for geo arbitrage within Switzerland. Let’s see if people can get more money or reduce their taxes by moving within Switzerland.

Continue reading “Geo Arbitrage in Switzerland – Improve your finances by moving”

Grow Your Income or Spend Less to Reach FI in 2020?

Categories Financial Independence, Frugality, Side Hustle

When you are trying to reach Financial Independence (FI), the best way to reach FI faster is to increase your savings rate. Your savings rate is the amount of your net income that you can save.

For increasing your savings rate, you have two options. You can either spend less or grow your income. These two options will directly increase your savings rate. And as a result, they will speed up your road to Financial Independence and make you reach FI faster.

Continue reading “Grow Your Income or Spend Less to Reach FI in 2020?”

The Best Internet Plans in Switzerland for 2020

Categories Frugality

These days, everybody needs an internet connection. And we can agree that we all want to pay as little as possible for our connection to the web. Although your internet plan may have been the cheapest when you started using it, it may not be the case anymore. New deals may have appeared.

If you want to keep saving money on your internet plan, you need to compare offers and always keep up to date with the latest offerings.

Continue reading “The Best Internet Plans in Switzerland for 2020”

The best Television plans in Switzerland for 2020

Categories Frugality, Switzerland

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

There are many Television offerings in Switzerland. Some are expensive, while some can be cheaper than you thought.

In this article, I am going to compare different ways to get Television in Switzerland.

Continue reading “The best Television plans in Switzerland for 2020”

Renting in Switzerland – All you need to know

Categories Frugality, Switzerland

In Switzerland, most people rent their apartment or house. The reason is that access to real estate is quite complicated. But renting is not much simpler. If you want to rent in Switzerland, there are many things you need to know. You will be better prepared and better protected if you learn about this subject.

For instance, did you know that rent prices are indexed on a reference interest rate? If the rate goes up, so does your rent. But if the price goes down, you are entitled to a reduction.

Other subtleties are important when you are renting in Switzerland. For instance, there are many things you need to know about giving back your apartment. I am going to cover them in detail.

Continue reading “Renting in Switzerland – All you need to know”

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!

Continue reading “How to Sell Things Online in Switzerland in 2020?”

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.

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.

Continue reading “Neon vs Revolut: Which is best for you?”

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!

Continue reading “How to raise a baby frugally in Switzerland with Mama Bear Finance”