Our Honeymoon in Hurghada, Egypt

Posted on Categories Frugality, Spending, Travel6 Comments on Our Honeymoon in Hurghada, Egypt

One week after our lake wedding, we left for our sea honeymoon! We chose to go to Hurghada in Egypt in an all-inclusive hotel. We wanted to do very little for a few days and wanted to rest. Finally, we also wanted to get something relatively cheap and convenient, hence the all-inclusive. Neither of us had an all-inclusive experience before, so it was about time we tried :)

We used Migros Travel agency to book the entire trip. They booked the plane, the hotel and the transfers between airport and hotel. We compared between booking the trip ourselves and using this agency. It was a bit cheaper for the agency. And we didn’t have to book everything independently. From what we read about Egypt, it is also much better to be part of some tour. This is especially true for the Visa and the shuttle to and from airport.

Overall, it was a great honeymoon. We had a lot of fun, were able to rest and saw some great things! Find out all the details below :)

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Mid Year Review of my 2018 goals

Posted on Categories Frugality, Goals, Investment8 Comments on Mid Year Review of my 2018 goals

This year, I wanted to review my goals after 6 months. But I’m really late ;) At first I forgot about it. And then, there were too many posts I wanted to write so I delayed this review for too long.

Last year, I set goals for the year 2018. Setting goals is very important. But it’s also important to review them. If after six months the goals are going bad, it’s important to take actions to improve the chances to meet the goals. Also, sometimes, the goals are not set correctly.

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11 Tips to save money on your memorable wedding

Posted on Categories Frugality, Spending, Tips6 Comments on 11 Tips to save money on your memorable wedding

Just a week ago, we celebrated our wedding! We had very good feedback from our guests and we both enjoyed it very much. It was a very nice and happy day. And we managed to keep under a reasonable budget. We didn’t go cheap though.

In this post, I’m going to talk about some ways that you can use to make your wedding cheaper but not  less nice :) You want your wedding to be memorable, but you don’t want it to hinder your entire finance.

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The 5 biggest problems of investing in cryptocurrencies

Posted on Categories Investment2 Comments on The 5 biggest problems of investing in cryptocurrencies
This post is part 3 of 3 in the series Cryptocurrencies.

In the first post of the Cryptocurrencies series, we talked about how cryptocurrencies were working. In the second post, we look at the history of cryptocurrencies. In this post, I am going to discuss what I think is wrong with them.

Personally, I believe that cryptocurrencies are not an investment. When you buy a cryptocurrency, you do not buy any value. You just speculate on the fact that others people will later give higher value than what you paid. This speculation, or even gambling, not investing. Moreover, there are also several problems with investing in a cryptocurrency that you do not have with stocks. Let’s see what they are!

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Cryptocurrencies – History of cryptocurrencies

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This post is part 2 of 3 in the series Cryptocurrencies.

In the previous post about cryptocurrencies, we talked about what were cryptocurrencies. We especially talked about how cryptocurrencies really work. You should now know more about block chain, cryptography and miners.

In this post, we are going to talk about the history of cryptocurrencies. How it all started with the bitcoin. And how it all expanded into several thousands alternative cryptocurrencies. Most of the history will be related to bitcoin since it was the first cryptocurrency. And it was also the one that made the more headlines over the years ;)

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What are cryptocurrencies ? How they do they really work ?

Posted on Categories Investment6 Comments on What are cryptocurrencies ? How they do they really work ?
This post is part 1 of 3 in the series Cryptocurrencies.

If you read financial news or finance blogs, you probably have heard (a lot) about cryptocurrencies and especially Bitcoin. You probably have read some success stories where people made a fortune investing in one cryptocurrency. You also probably have read  stories where people have lost a fortune with them. But what is a cryptocurrency really ? And how do they work ?

In this post, I’m going to try to answer these questions for you. I’m thinking that this could be interesting to know exactly how they work. You probably have heard of the words block chain or miner or even hash function. We are going to see how they come into play for cryptocurrencies. I’m not going to cover the investment quality of the cryptocurrencies in this post. I plan to discuss that in another post. I will also discuss the history of cryptocurrencies in a later post.

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Our wedding ceremony in Switzerland on a budget!

Posted on Categories Frugality, Spending, Switzerland4 Comments on Our wedding ceremony in Switzerland on a budget!

No, I’m not writing the same post twice! You may remember, that we got married in Switzerland in May. At that time, we did a small civil wedding with my close family, followed by a small party at our places, joined by some of my friends. We did not have much time, so we decided on doing something really simple.

However, many of our friends and family could not come. So we decided to throw a bigger party to have more people join us. In this post, I’m going to share what we did for our wedding. It was a great time for us and our guests! I’m also going to discuss the costs, personal finance blog obligation :P

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Who is Warren Buffett ? The man and its investments

Posted on Categories Frugality, Investment, Spending2 Comments on Who is Warren Buffett ? The man and its investments

If you are following personal finance blogs or podcast, you probably have heard the name of Warren Buffett. He’s very famous in the community. Warren Buffett is a very successful investor. He made a fortune from nothing. This the first reason he’s famous in the community. The second reason is that he advised his fortune to be invested in index funds once he passes away. This is one of the few big investors who are supporting index funds. Finally, he also beat the market many years. Which is something very difficult.

Being one of the richest persons in the world also helps making him a very well-know figure. In this post, we are going to look at the history of Warren Buffett first. Some numbers may not seem much in the early years. You need to take into account inflation. 1000 dollars 70 years ago are worth around 10’000 dollars now. We are especially going to focus on the biggest investment he did. Then, I’m going to talk about some important traits of the man. This is going to be a long post ;)

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Emergency Fund – Do you really need one ?

Posted on Categories Budget, FIRE, Frugality, Investment, Tips4 Comments on Emergency Fund – Do you really need one ?

If you are interested about personal finance, you should probably have come across the term Emergency Fund. An emergency fund is simply some money, available directly, that you can use in case of emergency.

It’s an interesting subject since not everybody agrees on it. Some people have an emergency fund that can cover one year of expenses. And some people think you don’t need one. Personally, I don’t think an emergency fund is a bad thing. But you should be aware of its cost. I think that too much people put too much emphasis on the emergency fund. In this post, we are going to see both sides of the story. We are going to see in details what an emergency fund is.

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My Employee Stock Purchase Plan (ESPP) and Strategy

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My new job at Pied Piper is offering my an Employee Stock Purchase Plan (ESPP). This is the first time I’m working for a company that offers such plan. As such, I’ve been researching my options for how to handle this ESPP. Basically, an ESPP is a plan to use some of your income to get shares of your company at discount price.

In this post, I’m going to present my ESPP plan. I’m also going to present many strategies that exist to decide when to sell shares coming from an ESPP. Finally, I’m going to present the strategy I decided to use for my ESPP shares.

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