How to Sell Things Online in Switzerland in 2020?

Categories Side Hustle, Frugality, Switzerland12 Comments on How to Sell Things Online in Switzerland in 2020?

When you have a lot of things at home, there are probably many of these things that are not necessary. An excellent way to get rid of some of these things is to sell them.

You will save space and earn some money! There are many ways to sell items. But in today’s age, selling online is often the way to go.

For instance, recently, I did some ordering in my technology closet (yes, I am the kind of guy that has a technology closet). And I realized that I had way too many things stored at home. I also realized that I had way too many servers. So I decided to sell online a few things.

I am mostly using online websites to sell things. I am far from being a minimalist. It is easily seen by my technology closet that is still too full after a first purge. But I am trying to reduce a bit the amount of burden I own. And if I can get some money in the process, it is a nice bonus!

In this post, I am going to talk about what I am selling online in Switzerland. And how am I selling them!

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TCS Travel Mastercard Gold Credit Card with 1% cashback!

Categories Frugality, Switzerland10 Comments on TCS Travel Mastercard Gold Credit Card with 110 cashback!

I already compared the credit cards in Switzerland. At this point, I came to the conclusion that the best credit card is the Cumulus Mastercard. I compared several credit cards to come to that conclusion. However, even though I have found a good credit card for my situation, it is a bad idea to not consider new options.

However, there is a card I have not considered in my first comparison. The Touring Club Suisse (TCS) is offering two new credit cards for its members. The first one is the TCS Member MasterCard. This is not really interesting since it does not have any cashback. But at least it is a free credit card.

What is more interesting is the TCS Travel MasterCard Gold. This card will cost you 100 CHF per year, although it is free in its first year. But they will give you 1% cashback. In this post, I am going to look at this card in detail.

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What is The Best Credit card in Switzerland for 2020?

Categories Frugality, Switzerland21 Comments on What is The Best Credit card in Switzerland for 2020?

Everybody will agree that credit cards are very useful. A credit card is a powerful tool to improve your personal finances. However, if you do not choose an adequate credit card, it may actually make your finances worse.

The first important thing is to choose a credit card with no annual fee. You should focus on that first. Contrary to what credit cards want you to believe, it is often better to get a credit card with no fee and smaller cash back rather than an expensive credit card with a lot of cashback. The important thing is to do your research and compare with your actual credit card spending.

Let’s explore the different credit card options that are available in Switzerland.

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We Got Married! Our Wedding in Switzerland

Categories Frugality, Switzerland15 Comments on We Got Married! Our Wedding in Switzerland

We got married! Last Friday (18.05.2018) Mr and Mrs the Poor Swiss got married! It was a charming and straightforward official ceremony in our state. We invited our closest friends and family members to the ceremony. And then we did a simple party at our apartment. Find out about our wedding in Switzerland.

This post is mostly an occasion for me to share the good news ;) And some photos! I will also share information about how weddings in Switzerland. It is nothing extraordinary. But it could help some readers if they do not know how it works here.

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The Three Pillars of Retirement in Switzerland

Categories Retirement, Financial Independence, Investing, Switzerland7 Comments on The Three Pillars of Retirement in Switzerland

The previous three posts of the series covered the three pillars of retirement in Switzerland:

In this final post of the series, I am going to summarize over the entire system. I am also going to talk about how early retirement works in this system.

It is very important to

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How to Integrate Second Pillar in Your Net Worth

Categories Financial Independence, Investing, Switzerland8 Comments on How to Integrate Second Pillar in Your Net Worth

I have monitored my net worth since October 2017. But until now I have not considered my second pillar into it. Why? Because I do not get a monthly report on my second pillar. However, I do not really need this monthly report since I can extrapolate from the yearly values. Before, I just was too lazy to do it. But laziness is not an excuse, especially for personal finances!

So, I decided to stop being lazy and do it. In this post, we are going to see why you should integrate your second pillar into your net worth. And we are going to see how to integrate it. It is very simple. And it will make your net worth calculation much more accurate. I believe it is very important to have an accurate view of your net worth.

If you do not know your net worth, first take a look at how to calculate your net worth. I strongly encourage everybody to compute his net worth. It is an important indicator, especially if you want to become financially independent.

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Updated ETF portfolio for Switzerland – Bonds and Dividends

Categories Investing, Switzerland22 Comments on Updated ETF portfolio for Switzerland – Bonds and Dividends

Update: I have now made some changes to make my investment portfolio much simpler. I would recommend you check it first.

In 2018, I wanted to add a few bonds to my portfolio. I am in long-term investing. I only in my 30s, and I do not plan to retire for at least ten years. And I already have some very safe investments in my second and third pillars. Therefore, I do not need a lot of bonds. But I wanted to add 5% of bonds into my portfolio to be safe and to allow for more re-balancing opportunities. Also, I do have bonds in my third pillar account.

Moreover, I wanted to improve my portfolio. More specifically, I also wanted to get rid of my crypto-currencies. So, I updated a bit my previous portfolio to reflect this. Moreover, I also wanted to depend less on the dollar. In this post, we are going to see exactly what I have changed in my portfolio.

Remember that it is only one example of a portfolio. I am no financial advisor. I am just sharing what I am doing for investment. What may work for me may not work for you.

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No Billag: Swiss People Like Taxes

Categories Frugality, Switzerland6 Comments on No Billag: Swiss People Like Taxes

Yesterday, the Swiss people were voting on several objects. The No-Billag initiative was one of them, as I mentioned earlier. This initiative wanted to remove the Billag tax. This tax supports the Swiss TV and Radio services. This tax is currently around 450 CHF. But the government will reduce the tax next year to 365 CHF. Unfortunately, the Swiss citizens strongly refused the initiative :(

I have to say that I am quite disappointed in my fellow citizens today. It seems like people like to pay inconsiderate taxes. Thus, we will still have to pay this tax. The only upside is that the tax will be less expensive next year. But that is still a tax I am paying for nothing I am using.

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