How do We Get Around?

Categories Budget, Financial Independence, Frugality, TravelLeave a comment on How do We Get Around?

One thing I did not cover yet on this blog is how do we get around. You may be surprised to hear that we mostly use a car. If you follow several personal finance blogs, you may have heard that cars are almost evil. Most people will actually advocate you to ride a bike or take public transportation.

However, I think that cars are not evil for your finances. I do not really like driving, but I like the freedom that a car gives me. Moreover, where I live, it is almost mandatory to own a car. We use it to get around almost everywhere.

In this post, we are going to see how we get around with our car and how we are traveling abroad. I am also going to detail the cost related to my car. I am not going to advocate you to have a car. The choice is for everyone to do. I can totally understand people who do not want to drive. If you live in a city, for example, it is not as useful. But cars are not evil! You can become financially independent with a car ;)

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7 Reasons to Blog

Categories Blogging, Frugality, Side Hustle2 Comments on 7 Reasons to Blog

Some people wonder why bloggers blog. You may want to know the reasons why I blog? There are many reasons why I started this blog. I have started this blog as a simple way to keep track of my progress in improving my budget. This helped me stay motivated a lot.

Over time, I took more and more pleasure in writing posts. So I increased the scope of the blog. I have writing many more articles on this blog than I would have thought. In this post, I am going to give you the main reasons behind my blogging. I am not going to tell you that you need to start a blog. Contrary to most bloggers, I do not think blogging is for everybody. And not every blog is profitable, even after one year of work. But there are many reasons why it is interesting to blog! Continue reading “7 Reasons to Blog”

Ricardo Increases Its Fees for Selling Things Online

Categories Frugality, Side Hustle, SwitzerlandLeave a comment on Ricardo Increases Its Fees for Selling Things Online

I am selling a lot of things online. For this, the main site I am 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 have found out Ricardo to work quite well for my needs. I have 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 am 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.

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7 Powerful Reasons to Become Financially Independent

Categories Financial Independence, Frugality6 Comments on 7 Powerful Reasons to Become Financially Independent

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 biggest 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 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.

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Our Honeymoon in Hurghada, Egypt

Categories Frugality, 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 did not 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 the 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!

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Mid Year Review of My 2018 Goals

Categories Budget, Frugality, Investing8 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.

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11 Awesome Tips to Save Money on Your Memorable Wedding

Categories Frugality6 Comments on 11 Awesome Tips to Save Money on Your Memorable Wedding

Everybody will agree with me that A Wedding is a Special Day! But most people will also agree that Weddings can be very expensive. For our wedding, we managed to make a nice wedding ceremony while keeping it at a reasonable price tag. Let’s see how we did that!

In 2018, 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 Great 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!

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Our Wedding Ceremony in Switzerland on a Budget!

Categories Frugality, Switzerland6 Comments on Our Wedding Ceremony in Switzerland on a Budget!

No, I am 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 am going to share what we did for our wedding. It was a great time for us and our guests! I am also going to discuss the costs, personal finance blog obligation!

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Who is Warren Buffett ? The Man and His Investments

Categories Frugality, Investing2 Comments on Who is Warren Buffett ? The Man and His Investments

If you are following personal finance blogs or podcast, you probably have heard the name of Warren Buffett. He is very famous in the community. Warren Buffett is a very successful investor. He made a fortune from nothing. This the first reason he is 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 is supporting index funds. Finally, he also beat the market for many years. Which is something very difficult.

Being one of the richest persons in the world also helps to make him a very well-known 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 am going to talk about some important traits of the man. This is going to be a long post ;)

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Emergency Fund – Do you Really Need One?

Categories Budget, Financial Independence, Frugality, Investing4 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 a 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.

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