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On this blog, we are sharing all there is to know about our finances. This is a lot of finance numbers that we are sharing. We are trying to be as transparent as possible. For now, we are still anonymous. But, aside from our names, we try to share everything with our readers. The reason is simple, we want people to learn from our experiences. And if we do not share everything, our story is not believable.
If you want to learn about our budget, our savings rates, or how much net worth we have, this is the page you are looking for! If you want to know even more about us, do not hesitate to let us know in the comment. And we will see if we can share more things on our blog!
Most of our numbers and metrics are updated on a monthly basis on this blog. Each month, I publish a new Monthly Update on the blog. This update contains a lot of information regarding our savings, expenses, goals, and such.
Not only do we share our net worth, but we also share how we are investing. We are investing according to our investment portfolio that we try to follow as much as possible. In our portfolio, we invest mainly through Exchange Traded Funds (ETFs). Our investment is based on some allocation to a set of ETFs. Our current allocation may diverge a bit from the model portfolio. Indeed, some funds may perform better than others. And we are only investing in one ETF each month. This makes outbalance common.
Our Savings Rate
To reach Financial Independence (FI) and retire early, it is necessary to save a large part of the income. For this, we are tracking our monthly savings rate each month. Our current goal is to average 50% of savings. However, we are always trying to go higher. We do not want to stop at a fixed savings rate. The higher the savings rate, the faster the road to FI!
In order to reach Financial Independence (FI) faster, we are setting ourselves yearly Goals. We are trying to set ambitious goals that will help us improve both our finances and ourselves. For instance, one of our goals was to become paperless. It helped us get rid of five binders of documents. Or we also set the goal to reach 200’000 CHF of net worth by the end of 2019.
One of the goals of this blog is to share as much as possible with our readers. We think that transparency is very important if you want to be taken seriously in the personal finance community.
But we also like when our readers share with us. Please, do not hesitate to share your own numbers in the comments of the blog. We love to hear stories about successes or failures related to personal finance.