Category: Save

Wise (formerly TransferWise) is a British financial technology company. They provide many financial services, but they are especially known for their very affordable currency exchange services.

You can use Wise to send money to other people in many different currencies, with excellent prices. You can also use your Wise card to pay abroad at a low cost. But you can also use it as a bank account and hold many currencies in your account.

But how good is it really? Should you use Wise? Let’s find out the advantages and disadvantages of Wise.

Continue reading “Wise Review 2021 (formerly TransferWise)”

Raiffeisen is the third largest bank in Switzerland. Many people are using it, and many customers are even shareholders of the banks.

This bank has some unique characteristics that could make it interesting. For instance, you can become a shareholder of the bank! So, should you use Raiffeisen as your bank?

This is what this article is all about. I will do a deep review of the Raiffeisen bank, its banking features, its fees, and its pros and cons. By the end of the article, you will know whether you should use Raiffeisen or not.

Continue reading “Raiffeisen Bank Review 2021 – Pros & Cons”

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!

Continue reading “Yapeal Review 2021 – New Swiss Digital Bank”

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.

Continue reading “Frugality is personal – Spend based on your needs”

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.

Continue reading “Best places to buy second-hand in Switzerland”

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.

Continue reading “How to work out at home for free in 2021”

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.

Continue reading “How Much We Spent in 2020 – Full Expense Report”