Yapeal Review 2021 – New Swiss Digital Bank


Yapeal is a very recent digital bank that was introduced to the public in 2020. They are the first bank of Switzerland to have a Fintech banking license.

Yapeal is advertised as the next generation of banking with many features and straightforward onboarding. They have a free tier, but several of their features are not free.

In this review, we are going to see exactly what is Yapeal: its features, its price, its advantages and disadvantages, and much more!

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Frugality is personal – Spend based on your needs


These last few years, we have not spent a lot of money. Both me and Mrs. The Poor Swiss have been quite frugal. We try to spend less to grow our wealth faster.

Every month we are sharing our level of expenses. But this is not to show that people should spend as we do. We do this to keep us accountable. There is no reason for everybody to spend the same. In fact, spending is a personal matter and will depend on many personal factors.

We would not be comfortable spending as much as some people. And many people would not be comfortable spending as little as we do! And this is fine!

In this article, I want to discuss different levels of spending and reasons why some people may spend less or more than others.

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Best places to buy second-hand in Switzerland


When you want to save money on something, buying it second-hand may be a great way to pay less! Over the years, I have bought many things second-hand, and I could save a lot of money by doing so.

But the question remains as to where to find second-hand items to buy. In this article, I will go over the best places to buy second-hand items in Switzerland. Some places are online, while other places are brick-and-mortar shops.

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How to work out at home for free in 2021


Until COVID-19 started in Europe in 2020, I was going to the gym regularly to work out. But when I started working from home, I completely gave up on working out. This is definitely not ideal for my health.

In 2021, I decided to start working out at home. And I found out that this was actually easier than I expected. You can start working out with very little equipment (even zero if you want). And you can actually save a lot of money by doing so.

In this article, I will go over a few ways to work out at home for free.

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How Much We Spent in 2020 – Full Expense Report


I keep track of all my expenses. And monthly, I publish my expenses on this blog. But once a year, I also a full analysis of my expenses for the past year. It helps me put things in perspective. And it also gives me an idea of where my expenses are going for an entire year.

For me, it is an essential part of the way I am managing my money. I do not really budget, but I track all our expenses. And seeing expenses summed for an entire year help us realize how much we spend in some categories.

So, let’s see the expenses of The Poor Swiss family for 2020.

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Emergency Fund – Do you Really Need One in 2021?

Financial Independence, Save

If you are interested in personal finance, you probably have come across the concept of emergency funds. An emergency fund is simply some money available directly that you can use for emergencies. Most people will advise you to get such an account. And they will insist heavily on this subject.

It is an interesting subject since not everybody agrees on the importance of the emergency fund. Some people have an emergency fund that can cover one year of expenses. And some people think you do not need one.

An emergency fund is a good thing. But you should be aware of its cost. It also has disadvantages. And you may not need an emergency fund as big as some people tell you. Too many people put too much emphasis on their emergency funds.

In this article, we are going to see both sides of the story. We are going to see in detail what an emergency fund is and whether you should have one or not.

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Depreciating assets will hurt your wealth

Financial Independence, Save

Depreciating assets are assets that lose value over time. Some assets are losing value at a rapid pace, while others are losing it more gradually.

It is essential to take depreciation into account when you compute your net worth and consider financial decisions. Depreciating assets can hurt your net worth badly.

Depreciation is one reason why some people think they are much more wealthy than they really are. And it can cause damage when they realize it!

In this article, we are going to talk about depreciating assets and what to do about them.

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The Best Websites For Online Shopping In Switzerland

Save, Switzerland

These days, a lot of shopping is done online. It is so practical to shop for something online. It can save you a lot of time. And it allows you to compare many different websites to get the best deals easily. Shopping online can also save you some money.

Of course, online shopping also has its dark side. Since it is convenient to shop online, some people are buying many more things than they should. It is so easy to press a button and get things delivered at home. I am sure it happened to many of you. At least, it happened to me!

If you are only buying things you need, online shopping can be a great thing. But you still need to know where to shop online. Even in our small Swiss country, there are hundreds of websites where to shop. And let’s not forget that sometimes online shopping is not cheaper than shopping in a normal shop!

In this post, I am going to list the best online shopping websites in Switzerland. This list should allow you to shop for the best prices!

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What is The Best Credit card in Switzerland for 2021?

Save, Switzerland

A credit card is a powerful personal finance tool. But it is only a good tool if used correctly. And unfortunately, many people are not using credit cards correctly.

The first important thing is to choose a card with no annual fee. Contrary to what credit card companies want you to believe, it is often better to get a credit card with no fee and smaller cashback than an expensive card with a lot of cashback. The important thing is to do your research and compare it with your actual credit card spending.

But there are many options, making it difficult to find the best credit card in Switzerland. So, this article will explore the different credit card options that are available in Switzerland.

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CSX Review 2021 – Digital Bank account by Credit Suisse


CSX is a new digital bank account by Credit Suisse. They have just started this new offer in 2020. And this account is much cheaper than the standard Credit Suisse accounts. The CSX bank account can even be free if used correctly.

Interestingly, even large Swiss banks are jumping on the digital bank account wagon. This is a good trend if that allows people to pay lower fees for their bank accounts.

In this article, I will review the CSX bank account in-depth and compare CSX with other digital bank accounts.

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