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.
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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.
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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?”
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”
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.
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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.
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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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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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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.
Continue reading “11 Simple Tips to Find Cheap Kindle Ebooks in 2020”
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!
Continue reading “Frugal Living in Switzerland Interview 3 – Thomas Sparkojote”