The basics of investing – Why and How to invest?

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Investing is something that not enough people do. This is something that I actually started to do too late myself. For some people, it can be intimidating to start investing. Therefore, I decided to write a series of posts on Investing. This series of post is meant to be an Investing Guide For Beginners.

This is the first post I am going to write about Investing. I am going to try to cover as much as possible on the different forms of investing. In this first post of the series, we are going to see what is investing in a broad sense.

In this guide for beginners, I will try to cover the basics, the stocks, the funds, Exchange Traded Funds (ETFs) and so on! Hopefully, it will be interesting for some of you and it will motivate some people to start investing. If you want this series to be available as an ebook, let me know and I will see what I can do.

I am no financial advisor. I am not nearly an expert investor. This post is just what I learned about investing from my experience and from research. 

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What is The Best Credit card in Switzerland for 2019?

Categories Frugality, Switzerland18 Comments on What is The Best Credit card in Switzerland for 2019?

Everybody will agree that credit cards are very useful. A credit card is a powerful tool to improve your personal finances. However, if you do not choose an adequate credit card, it may actually make your finances worse.

The first important thing is to choose a credit card with no annual fee. You should focus on that first. Contrary to what credit cards want you to believe, it is often better to get a credit card with no fee and smaller cash back rather than an expensive credit card with a lot of cashback. The important thing is to do your research and compare with your actual credit card spending.

Let’s explore the different credit card options that are available in Switzerland.

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We Got Married! Our Wedding in Switzerland

Categories Frugality, Switzerland15 Comments on We Got Married! Our Wedding in Switzerland

We got married! Last Friday (18.05.2018) Mr and Mrs the Poor Swiss got married! It was a really nice and simple official ceremony in our state. We invited our closest friends and family members to the ceremony. And then we did a simple party at our apartment. Find out about our wedding in Switzerland.

This post is mostly an occasion for me to share the good news ;) And some photos! I will also share information about how weddings in Switzerland. It is nothing really special. But it could help some readers if they do not know how it works here.

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My 7 Biggest Budgeting Mistakes – How to fix them!

Categories Budget, Frugality7 Comments on My 7 Biggest Budgeting Mistakes – How to fix them!

Over the years, I have made many budgeting mistakes. In this post, I will try to list a few of the big mistakes I have made. I am talking here about mistakes in the way I did my budget. And also spending mistakes. Some of the mistakes are not a big deal but some of the others made me spend too much. Overall, I would be much better off if I had known this a few years ago.

Find out how I fixed my budgeting mistakes. I have learned a lot from my budgeting mistakes and I hope you can learn a lot from them too! The idea is, of course, to avoid them now that you of them!

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Reasons to Start a Vegetable Garden

Categories Frugality2 Comments on Reasons to Start a Vegetable Garden

When I was young, I was gardening with my father in our house. And before that, my grandfather was often taking me to his big garden. I always enjoyed it. However, since I moved into my current apartment, I never took the time to start a vegetable garden. Now that my girlfriend moved in with me, we decided it was time to start a garden again.  The idea was to grow some of our own vegetables.

With our apartment, we have a large lawn, filled with grass and a few trees. We asked the owner if we could remove the grass to start a garden. Since she accepted, we started our garden.

I am going to present all we did with our garden in this post. Neither of us is any gardening expert. We maybe did some mistakes, but we are having fun :) And I wanted to share this project. Also, my English gardening vocabulary may not be great. So, gardening experts, do not get offended ;) I would be glad to hear all your tips!

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Why and How to become paperless in 2019?

Categories Financial Independence, Frugality2 Comments on Why and How to become paperless in 2019?

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? In 2017, 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.

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April 2018 – Birthday and new savings record

Categories Monthly, Frugality, Investing11 Comments on April 2018 – Birthday and new savings record

After a record-breaking March 2018, April 2018 is even better :) In fact, in terms of savings rate, it is the best month ever! I am really glad I achieved that good result.

Although I had some significant expenses this month, the savings were great. This is partly thanks to the gifts I received this month for my 30 years birthday! I also managed to keep my expenses quite low. And my net worth made a very nice jump. Overall, a great month!

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March 2018 Update – Excellent month

Categories Monthly, Frugality8 Comments on March 2018 Update – Excellent month

It is now time to make the point about March 2018. Compared to the very poor February month, March 2018 is a great month :)

Not a lot of things happened this month. But that is not bad. I like quiet months. And I was able to save a large part of my income this month. This is great after a bad month.

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No Billag: Swiss People Like Taxes

Categories Frugality, Switzerland6 Comments on No Billag: Swiss People Like Taxes

Yesterday, the Swiss people were voting on several objects. The No-Billag initiative was one of them, as I mentioned earlier. This initiative wanted to remove the Billag tax. This tax supports the Swiss TV and Radio services. This tax is currently around 450 CHF. But the government will reduce the tax next year to 365 CHF. Unfortunately, the Swiss citizens strongly refused the initiative :(

I have to say that I am quite disappointed in my fellow citizens today. It seems like people like to pay inconsiderate taxes. Thus, we will still have to pay this tax. The only upside is that the tax will be less expensive next year. But that is still a tax I am paying for nothing I am using.

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January 2018 Update – Ph.D. and good savings

Categories Monthly, Budget, Frugality1 Comment on January 2018 Update – Ph.D. and good savings

Edit: I changed the way I am accounting for my life insurance, this gives me a savings rate of 33.7% now.

It is time for another monthly update! After a good December 2017, the new year is up to a great start in January 2018 with yet another very good month :) I am really starting to get a hold of my finances.

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