Since I have met Mrs. The Poor Swiss, I have tried to learn some Chinese. For now, it is pretty laughable. But I think I am making progress. Between Mrs. The Poor Swiss arrival in Switzerland and our wedding, I was not very astute to this. However, since September, I have decided to start again harder. I am now practicing every day for at least twenty minutes.
At first, I was thinking to enroll in a real course with a teacher. I checked the courses offered in my region. But I did not find some good options at a fair price. Most were either too expensive or too far away. I tried to enroll in a Migros course. But the course was canceled for lack of students and I did not want to wait several more months for the next course to start.
So I started looking at online solutions. Online solutions have the immense advantage that you can learn how long you want and at the time you want. There are many solutions that can be used for this. I have compared several of them and tried a few as well. In the end, I decided to go with FluentU. I am greatly satisfied with their offer. In this post, I am going to explain how I am using FluentU to learn Mandarin. Since they have several languages, you can also use it, in the same way, to learn German for instance.
Continue reading “Quickly learn Mandarin Chinese online with FluentU”
I cannot believe it has already been one year since I started blogging. On October 10th 2017, I wrote the first blog post of The Poor Swiss. I have learned a lot of about personal finance in that year. And I have also learned a lot about blogging. Even though this was not my first blog, I still had a lot to learn. And I still have a lot more to learn now!
In this post, I am going to talk about my first year of blogging. If I say this year, it will the year of blogging, it will not be 2018 ;)
Recently, I have talked about the reasons why I am blogging. Now, I am going to share numbers about how the blog is doing. I am also going to share the things I did right and the things that did not go well. However, I still have a lot of work to do to improve this blog. I am hoping that it gets better over time.
Continue reading “One year blog anniversary! Lessons and next steps”
From a personal point of view, August 2018 was a great month. We had our wedding ceremony with friends and family. Also, we went on honeymoon in Egypt. We really had a great time. We rested, swam, snorkeled and had a lot of fun. This was an awesome honeymoon :)
However, from a finance point of view, August 2018 was not a very good month. We spent a lot for our wedding and I had to take days off without pay. This means a very small savings rate. Fortunately, there was some extra income from the wedding and from the Swiss army. This helped us not being in negative this month. But at least, there was some savings ;)
Continue reading “August 2018 – Wedding and honeymoon”
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”
After a disappointing June 2018 month, we managed to get back up to speed in July 2018. We had some strong savings this month. Nothing extraordinary, but pretty good still. We were able to increase our net worth significantly.
Since today is Swiss national day, Happy National Day to all my Swiss readers.
We went to Orléans one week this month. I also spent one week in the army. It was my last five days to serve in the army! Other than that, nothing special happened. It was a good month overall. Let’s go into the details now :)
Continue reading “July 2018 – Getting back up to speed”
Each month, I am following the same personal finance routine for my budget. You can see most of the results in my monthly finance reports. In this post, I am going to describe the steps I am doing every month.
I think it is great to have a routine. This helps to get more efficient and like this, you do not forget to do everything. You do not need to have the same steps as me of course. Every people can have different things to do based on the way they are investing or based on their situation.
Continue reading “My monthly personal finance routine – 11 things I do each month”
At the beginning of this month, I started my new job. For the sake of anonymity, let’s say I am working for Pied Piper. I hope there are some Silicon Valley fans in my readers ;) Since I am just starting working at this company, I do not want to disclose it on this blog. And since I am still anonymous, I am going to try to stay like this.
This is going to be a shorter post than usual. In this post, I will describe all the financial aspects of my new job. I am really happy about my new job. Working at Pied Piper is an incredible opportunity. In my field, this is a great company. And in the region where I live, they offer really good conditions. This will help me a lot in my path towards Financial Independence (FI). As you will see, there are many advantages when working at Pied Piper.
Continue reading “My new job at Pied Piper – Opportunity and benefits”
Last year, I decided to go paperless with my administrative documents. It was a long work, but now I’m done. All my documents are available as electronic documents now. I’ve been able to throw away five big document binders.
I’ve used my phone as scanner and uploaded all my documents to the cloud. Find out how I became paperless for free in this post.
Continue reading “Why (and how) I went paperless”
It has been a long time now since I wanted to write my Investor Policy Statement (IPS). I just took some time over the last week to write it down completely. It took me about one hour. It was a really good exercise for me.
So, what is an IPS? Basically, it is a set of guidelines for your investing. It will state how you are going to invest and why. It should also state how you will react to some events.
Why would you need an IPS? The reason is to keep you on the right path when a situation trigger. If you already thought of the problem and the solution to it, you know how to react. You do not need to be emotional about it. And emotions in investing are generally a bad thing.
I did not invent the concept! It is a well-known thing. It was at first used between a portfolio manager and the client. This was helping the manager invest in the way the client wanted. Since I am my portfolio manager, I am doing this statement only between me and me. I was motivated to write my IPS after I read this post by Mr. Retire In Progress. He was himself motivated by another post by Physician On Fire. I would also recommend you read these two posts if you want more information on the subject.
If you want an example, you will find my Investor Policy Statement just below. Keep in mind that every IPS is different and should be made for your own situation and goals. You should not copy another IPS. However, you can get some inspiration from other’s IPS. So let’s delve into my own IPS.
Continue reading “My Investor Policy Statement – You need one too!”
I just realized that this blog has been already been alive for more than six months already! Happy blogging anniversary The Poor Swiss!
The first post on this blog is from October 10. At that point, I hosted it directly on wordpress.com. It has only been self-hosted since March 2 with bluehost.
I started blogging here to motivate me to save more each month. In the beginning, my finances were in really bad shape. I had to reduce a lot my expenses and I was also lucky to increase my income. Since the beginning, my savings rate have increased. March 2018 was my best month with more than 46% savings rate! I am starting to get more confident about my finances. Of course, it is still not perfect, but it is better. I want to improve them progressively over time. I do not think there is a perfect budget. One can always improve his budget.
Continue reading “First six months of blogging – Lessons learned”