October 2018 was a really nice and quiet month. It was not very eventful but we had several family events. And overall, we had a lot of fun and we did not spend a lot of money. Isn’t that the definition of a great month?
Compared to the expensive month of September 2018, we are much better off financially this month. We still had a few expenses that I would have liked to remove. But we are getting closer to a good budget month after month. In the future, there are some expenses that need to be reduced and some expenses that need to be eliminated. We managed to save more than half of our income this month!
While the month was very quiet for us, the stock market was far from being quiet. We arrived into correction territory for most of the major indexes. And our investment portfolio is down a lot this month. Since our portfolio is not yet huge, our net worth is still up since what we invested is more than what we spent. But this will not last. In the next correction, we will probably be down a lot more.
Continue reading “October 2018 – Quiet Month and Stock Market Correction”
After poor financial results in August 2018, it is time to review September 2018. Even though we had some big expenses this month, the results are better. We were able to save more money this month. It is still not perfect, but it is very slowly getting there.
Not a lot of things happened in September 2018. I spend about ten days in the United States for my company. This was not expensive since everything was paid by my company. I did some shopping though. However, we bought plane tickets to China for next Chinese new year. And we had to pay the repair for the car accident of Mrs The Poor Swiss. This made a very large dent into our budget.
Continue reading “September 2018 – Car repair and plane tickets”
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”
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”
Fewer things happened in June 2018 than the crazy previous month!
Although it is a good month for savings, it is not as good as I planned. This month is the first month I received my new salary :) But it was a very expensive month :( We had to pay many insurance fees. And several other relatively big expenses. But it is still not too bad :)
Read on if you want to know what happened to use in June 2018!
Continue reading “June 2018 – Insurance month!”
A lot of things happened in May 2018! The most important event of this month is of course that we got married! We had a nice and simple wedding with close family and friends.
And as you will see, we have reached the 100K CHF milestone in our net worth! This is the first time :) We can now hope that we will stay at this level for some time!
Even considering the wedding expenses, this month has some good savings rate. This is mostly due to the extensive gifts we received. This month is the month with my largest income yet. We should have been able to turn it down. Let’s hope we can keep expenses to a low next month.
Continue reading “May 2018 – Wedding and 100K net worth milestone”
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 :)
Continue reading “April 2018 – Birthday and new savings record”
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.
Continue reading “March 2018 Update – Excellent month”
Update: I changed the way I am accounting for my life insurance, this gives me a savings rate of 4.2% now. It is still a very bad month.
February is now done, it is time for another monthly update! This was not a good month at all for the financial side. But we had a lot of fun in China. And I was happy to see my fiancee again!
I have not posted on this blog since the last update, I was on vacation in China for more than half the month. I hope to post more in March.
Continue reading “February 2018 Update – Vacation and wedding”
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.
Continue reading “January 2018 Update – Ph.D. and good savings”