February 2020 – Quarantine and Quarter of a Million!

Categories Monthly

It is time for the second update of the year. February 2020 is already done.

Last month, we went to China amid the coronavirus outbreak. When we come back, my company put me on quarantine for two weeks. I had to work from home for about ten days.

Aside from this, it was a very uneventful month. From a financial point of view, it was not a bad month. We spent a bit too much on food. But I received my ESPP shares, which made a nice bump on our net worth. So overall, it was a good financial month. We managed to save 63% of our income this month.

We are still looking for a house. But we have not been very successful. I am starting to believe that it is not going to happen with the needs of both of us and our financial situation.

So, let’s see in detail what happened to us in February 2020.

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January 2020 – China, Dowry and Coronavirus

Categories Monthly

It is already time for the first monthly update of 2020!

And January 2020 was relatively quiet. We had a nice party for the new year. Finally, I have been to China in the last week of the month. And I will still be there a few days of February as well.

From a financial point of view, it is not a good month. But this was expected.

We went to China for about ten days. We went there with Mrs. The Poor Swiss to visit her family. And we celebrated the Chinese new year. Normally, this is the best time for us to visit since the family is all together.

However, given the current state of China because of the new virus, this was not the most exciting vacation we ever had. People were afraid of going out, and most things were closed. And some of the members of her family did not come in fear of the virus. And since most of the internet is completely blocked, there was not a lot I could do. But it would have been challenging to plan for this.

Let’s see in detail what happened to us in January 2020.

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December 2019 – Quiet month

Categories Monthly

I cannot believe that 2019 is already over! It flew by us! December 2019 was no exception. It went by really fast. And before I forget, Happy New Year to you all!

This article will be the last monthly update for 2019! December 2019 was a quiet month for us. As it is usual at this time of the year, we had many parties with friends and families. But nothing out of the ordinary happened this month (which is good!).

From a financial point of view, it was a good month. We had a few unexpected expenses, but nothing catastrophic. We managed to save 57% of our income this month.

Let’s see in detail what happened to use in December 2019.

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November 2019 – Flights to China

Categories Monthly

In November 2019, we did very few special things. It was a quiet month. But it was still a good month. And it was a great month for our finances.

I spent a few days in Berlin for work for a conference. It was a good conference. Since it was paid by my company, it did not make big differences in our budget.

We still spent more than 5000 CHF this month. But we managed to save more than 50% of our income anyway. So this is not a bad month!

So, let’s see what happened to us during the month of November 2019.

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October 2019 – Holidays

Categories Monthly

October 2019 started with our vacations in Barcelona. We spent six great days in this lovely city. It was a perfect trip!

Of course, with the vacation, our budget suffered a bit. But we still managed to save a substantial portion of our income. So, I am not going to complain, this time!

Even though we spent more than 5000 CHF this month, we still saved more than 50% of our income. I am getting happy about the state of our finances. And our goals are also going great!

So, let’s see everything that happened to us and our finances during this month.

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September 2019 – Holidays and Dentist bills

Categories Monthly

September 2019 was not a very special month for us. The only thing of mention was that I spent about ten days in the United States for work. Aside from this, it was a quiet and good month. We saw our friends and families several times. So it was a good month!

However, our finances were not quiet at all! We had to pay big dentist bills. I also started the gym again. It seems like it was the wrong time to do that. And we spent some money on vacation next month. It also seems like it was not the best time to do that.

We still managed to save a nice portion of our income. But since my salary is now higher, we should definitely have saved more than that!

So, let’s see everything that happened to us and our finances during this month.

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August 2019 – Another expensive month

Categories Monthly

August 2019 was a good month for us. We had several parties with friends and families. And we celebrated August 1st, Switzerland national day. And I got promoted at work! So, pretty good month overall!

However, we spent too much once again in August 2019. I did not account correctly for several dentist bills. It should be exceptional bills that we will not have in other months. But we should still account better for them.

However, we still saved a significant portion of our income this month. And our net worth increased significantly. So, it is pretty good all together!

In this post, I will go over what happened to us during August 2019.

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July 2019 – New computer

Categories Monthly

July 2019 was a very simple month for us. Not a lot of things happened. It was a good month from our point of view. We did not do much but we had several outings with our friends and family!

From a financial point of view. There were many unexpected expenses. However, there was also some extra income this month. Put together, it makes higher savings than usual.

Finally, July 2019 was a good month. However, I could not help to think that it could have been a great month! We had too many unexpected expenses that reduced significantly our savings rate. If we did not have the extra income from my company, this would have been a poor month.

In this post, you will find all that happened to us during July 2019!

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June 2019 – Holidays, Taxes and Insurances!

Categories Monthly

After a  very cheap month of May, June 2019 comes back with a very expensive month. This is often the case in June since this is the middle of the year and this is when I pay some of the bills. But this month is worse than usual.

From a financial point of view, this is the worst month in the last 16 months. I would not have thought we could come back to this level. But this is proof that I do not plan my spending very well. I knew it would be bad since several bills were planned. But I underestimated some of them.

On the other hand, we had a nice holiday in the Swiss mountains. And another nice family weekend in Jura. So, from a personal point of view, it was a good month.

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May 2019 – Finally a cheaper month!

Categories Monthly

May 2019 was not a very special month. Which is good as long as I am concerned. But after the previous months that were a bit too expensive to my taste, May was finally a cheaper month!

We managed to save more than 50% of our income during the month. This is really great! We managed to keep our expenses below 4000 CHF which is awesome for us. Generally, our expenses are much higher than that!

On the other hand, the stock market went down this month. Our net worth still increased a bit, but as much as such a good month would normally increase it.

In this post, I am going to share all the details about May 2019. The goal of our monthly incomes is to be as transparent as possible. I feel like we owe that to our readers. Moreover, it also makes us more accountable for our personal finances.

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