How much of a raise can you spend?

Earn, Save

We all like getting raises at work! It always feels great to know your work is recognized, and you will get paid more.

But is a raise that important for your financial independence? And how much of a raise can you afford to spend?

In this article, I answer these questions through several examples. At the end of the article, you will know exactly how much of a save you should save!

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Migros Cumulus Visa Credit Card Review 2022

Save, Switzerland

After stopping its partnership with Cembra, Migros Bank introduced its new credit card: The Cumulus Visa credit card.

Since the Cumulus Mastercard from Cembra was one of the best credit cards available, we need to look at this new Cumulus Visa credit card.

By the end of this review, you will know whether you should use this new Cumulus Visa credit card by Migros Bank.

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I use budgetwarrior for my budget and net worth


I have talked a lot about budget and net worth on this blog. Now, it is time to talk about which budget application I am using to track my budget and net worth.

I am using a simple tool for doing these two tasks. I also use the tool to generate the graphs in my monthly reports.

While many people in the personal finance community use Personal Capital, Mint, or Quicken, I use a little-known tool called budgetwarrior. I wrote this application myself.

This article presents this tool and how I use it to track my finances.

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When is Mobility cheaper than owning a car?

Save, Switzerland

I have talked about car costs a few times already on this blog. However, I have never written about Mobility.

Mobility is a Swiss car-sharing cooperative. Mobility has a large fleet of cars in Switzerland. Mobility users can then use these cars when they need them and do not need to own a car.

Is Mobility actually cheaper than owning your car? Let’s find out!

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The costs of daycare in Switzerland

Switzerland, Save

Daycare is a large portion of the budget for many people in Switzerland. Indeed, daycare can become quite expensive quickly, especially if you have several children.

So far, we have not put our son in daycare, but we think we may do it next year. So, I wanted to delve into the costs of daycare in Switzerland.

I only talk about daycare facilities, not about day moms, nannies, or other ways to ensure people are taking care of your child. I may speak of these in another article if people are interested.

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UBS Bank Review 2022 – Pros & Cons


UBS is likely the most famous Swiss bank. Even many foreigners know this big bank. And it is also the biggest bank in Switzerland by market capitalization. UBS operates in many countries, not only in Switzerland.

But, is it any good as a banking service? I will answer this exact question in this review.

I will look into the bank services of UBS in detail and see the advantages and disadvantages of this bank.

By the end of the article, you will know whether you should use a UBS bank account.

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Should you get legal protection insurance in 2022?


I have talked about many types of insurances so far. But I have not yet talked about legal protection insurance. This insurance is less known than the others because it is not mandatory. So not many people are using it, and many people are wondering whether they should take one or not.

So, this article will cover in detail the legal protection insurance in Switzerland and whether we should or not take one.

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12 Simple Ways to Save Money Each Month in Switzerland


Living in Switzerland is expensive. There is no point denying that. However, it is not as expensive as many people think. There are many ways to save money each month on your budget in Switzerland.

People pay too much each month for most of their bills in Switzerland. It is because many people do not know they can pay less. Many people simply assume that they need to pay this amount and never try to optimize their budget.

Some households are also content with saving a tiny portion of their salary and not trying to save more. Finally, some people are simply falling into the trap of lifestyle inflation (very easy in Switzerland!). As long as their salary increases, they do not care too much about how their expenses increases!

But people should try to spend less when they can. When you can get the same quality for half the price, I do not see why you should pay more!

So in this article, we look at 12 ways you can save money each month. The idea is to focus on recurring expenses to have savings for the long term.

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What’s the Time Value of Money?


In the personal finance community, many people use the concept of Time Value of Money (TVM) to think about money. This concept helps you think about the value of money if it were invested.

I think it is an interesting concept worth talking about. However, we should be careful about using this concept because it leads some people to think too much about their expenses and understanding.

So, let’s see what the time value of money is and what we can do with it.

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7 Tips to save money with your newborn in 2022


We recently became the parents of a cute son. Before he was born and in the first few months of his life, we had to purchase and prepare many things. We tried to avoid spending too much while still buying everything we needed for him.

Overall, we did a good job at keeping these expenses reasonable. And we also learned some things later on.

Overall, there are many things you can do to spend less for your newborn while not changing anything to his quality of life. In this article, I share our tips on how to save money with your newborn.

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