Ricardo increases its fees for selling online

Posted on Categories Frugality, News, Side Hustle, SwitzerlandLeave a comment on Ricardo increases its fees for selling online

I’m selling a lot of things online. For this, the main site I’m using is Ricardo. This is an auction website. You set a start price and an optional instant price and people can bid on your item. The highest bidder will win after a set time for the auction. I’ve found out Ricardo to work quite well for my needs. I’ve made several hundreds of Swiss francs on this website.

However, Ricardo is not free. You pay some fees to sell your things online. Even though I would prefer using a free service, I found out that my things sell better on Ricardo than on free alternatives. Yesterday, Ricardo just announced that they updated their fees. The new fee model will be active from September 13th. In this post, I’m going to describe the changes and exactly what this means for you if you want to sell things online on Ricardo. We are going to look at when you are actually saving money compared to before and when you are losing money.

Continue reading “Ricardo increases its fees for selling online”

7 Reasons to want to be financially independent

Posted on Categories FIRE, Frugality2 Comments on 7 Reasons to want to be financially independent

A lot of this blog is about my path to Financial Independence (FI). But why would I 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 biggest reason.

In this post, I am going to list the main reasons I want to be Financially Independent. Of course, the reasons may not be the same for everybody. Some reasons will talk 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.

Continue reading “7 Reasons to want to be financially independent”

Our Honeymoon in Hurghada, Egypt

Posted on Categories Frugality, Spending, Travel8 Comments on Our Honeymoon in Hurghada, Egypt

One week after our lake wedding, we left for our sea honeymoon! We chose to go to Hurghada in Egypt in an all-inclusive hotel. We wanted to do very little for a few days and wanted to rest. Finally, we also wanted to get something relatively cheap and convenient, hence the all-inclusive. Neither of us had an all-inclusive experience before, so it was about time we tried :)

We used Migros Travel agency to book the entire trip. They booked the plane, the hotel and the transfers between airport and hotel. We compared between booking the trip ourselves and using this agency. It was a bit cheaper for the agency. And we didn’t have to book everything independently. From what we read about Egypt, it is also much better to be part of some tour. This is especially true for the Visa and the shuttle to and from airport.

Overall, it was a great honeymoon. We had a lot of fun, were able to rest and saw some great things! Find out all the details below :)

Continue reading “Our Honeymoon in Hurghada, Egypt”

Mid Year Review of my 2018 goals

Posted on Categories Frugality, Goals, Investment8 Comments on Mid Year Review of my 2018 goals

This year, I wanted to review my goals after 6 months. But I am really late ;) At first, I forgot about it. And then, there were too many posts I wanted to write so I delayed this review for too long.

Last year, I set goals for the year 2018. Setting goals is a very important thing. But it is also important to review them. If after six months the goals are going bad, it is important to take actions to improve the chances to meet the goals. Also, sometimes, the goals are not set correctly.

Continue reading “Mid Year Review of my 2018 goals”

11 simple tips to save money on your memorable wedding

Posted on Categories Frugality, Spending, Tips6 Comments on 11 simple tips to save money on your memorable wedding

Just a week ago, we celebrated our wedding! We had very good feedback from our guests and we both enjoyed it very much. It was a very nice and happy day. And we managed to keep under a reasonable budget. We did not go cheap though.

In this post, I am going to talk about some 11 simple ways that you can use to make your wedding cheaper but not  less nice :) You want your wedding to be memorable, but you do not want it to hinder your entire finances. It is possible to organize a very nice wedding and still keep a tight budget!

Continue reading “11 simple tips to save money on your memorable wedding”

Our wedding ceremony in Switzerland on a budget!

Posted on Categories Frugality, Spending, Switzerland4 Comments on Our wedding ceremony in Switzerland on a budget!

No, I’m not writing the same post twice! You may remember, that we got married in Switzerland in May. At that time, we did a small civil wedding with my close family, followed by a small party at our places, joined by some of my friends. We did not have much time, so we decided on doing something really simple.

However, many of our friends and family could not come. So we decided to throw a bigger party to have more people join us. In this post, I’m going to share what we did for our wedding. It was a great time for us and our guests! I’m also going to discuss the costs, personal finance blog obligation :P

Continue reading “Our wedding ceremony in Switzerland on a budget!”

Who is Warren Buffett ? The man and its investments

Posted on Categories Frugality, Investment, Spending2 Comments on Who is Warren Buffett ? The man and its investments

If you are following personal finance blogs or podcast, you probably have heard the name of Warren Buffett. He’s very famous in the community. Warren Buffett is a very successful investor. He made a fortune from nothing. This the first reason he’s famous in the community. The second reason is that he advised his fortune to be invested in index funds once he passes away. This is one of the few big investors who are supporting index funds. Finally, he also beat the market many years. Which is something very difficult.

Being one of the richest persons in the world also helps making him a very well-know figure. In this post, we are going to look at the history of Warren Buffett first. Some numbers may not seem much in the early years. You need to take into account inflation. 1000 dollars 70 years ago are worth around 10’000 dollars now. We are especially going to focus on the biggest investment he did. Then, I’m going to talk about some important traits of the man. This is going to be a long post ;)

Continue reading “Who is Warren Buffett ? The man and its investments”

Emergency Fund – Do you really need one ?

Posted on Categories Budget, FIRE, Frugality, Investment, Tips4 Comments on Emergency Fund – Do you really need one ?

If you are interested in personal finance, you should probably have come across the term Emergency Fund. An emergency fund is simply some money, available directly, that you can use in case of emergency. Most people will advise you to get an emergency fund. And they will insist heavily on this subject.

It is an interesting subject since not everybody agrees on it. Some people have an emergency fund that can cover one year of expenses. And some people think you do not need one. Personally, I do not think an emergency fund is a bad thing. But you should be aware of its cost. It also has disadvantages. And you may not need an emergency fund as big as some people tell you. I think that too much people put too much emphasis on the emergency fund. In this post, we are going to see both sides of the story. We are going to see in details what an emergency fund is.

Continue reading “Emergency Fund – Do you really need one ?”

MBudget Mini and Maxi Promotion – Double the monthly data

Posted on Categories Budget, Frugality, Spending8 Comments on MBudget Mini and Maxi Promotion – Double the monthly data

I have had Migros MBudget mobile plan for about a year now. And I have just seen that Migros started a very nice offer on their MBudget Mini and MBudget Maxi mobile plan. You can now get twice more mobile data each month for free. I think it is a great offer. So I wanted to share this offer with you! I hope many of you can profit from this awesome offer!

From July 1st to August 31st, you get twice more data for one year. For the same price! This is also working for current customers! My monthly data allowance just got doubled from 600Mo to 1.2Go :)

Continue reading “MBudget Mini and Maxi Promotion – Double the monthly data”

June 2018 – Insurance month!

Posted on Categories Frugality, Monthly, Spending14 Comments on June 2018 – Insurance month!

Fewer things happened in June 2018 than the crazy previous month!

Although it is a good month for savings, it is not as good as I planned. This month is the first month I received my new salary :) But it was a very expensive month :( We had to pay many insurance fees. And several other relatively big expenses. But it is still not too bad :)

Read on if you want to know what happened to use in June 2018!

Continue reading “June 2018 – Insurance month!”