After poor financial results in August 2018, it is time to review September 2018. Even though we had some big expenses this month, the results are better. We were able to save more money this month. It is still not perfect, but it is very slowly getting there.
Not a lot of things happened in September 2018. I spent about ten days in the United States for my company. This was not expensive since everything was paid by my company. I did some shopping though. However, we bought plane tickets to China for the next Chinese new year. And we had to pay the repair for the car accident of Mrs. The Poor Swiss. This made a very large dent into our budget.
Continue reading “September 2018 – Car repair and plane tickets”
Today, I am going to talk about a subject that most people would rather not talk about: death. More specifically, we are going to talk about what will happen to your family after your death. Even if it is not a funny concern, you should prepare for your death. Not for you, but for people who depend on you. The bills will not stop to come after your death.
Your loved ones just went to the tragic event of your death. Now, they may be faced with new difficulties. What if you are the only one that knows how to get access to the banking system? What if you are the only one with access to all the insurances policies?
A disaster file is one way to help your loved ones during this trouble. This will help in that case, but it will not solve all the possible problems of course. It is a first step to be better prepared.
Continue reading “Disaster file – A simple way to prepare for your death”
I have lived in a small village all my life. Actually, I have lived all my life inside the same village. And I do not really want to change this. A lot of people find this very surprising. Today, we are going to discuss why anyone would want to live in a small country village.
For me, there are too many advantages of living in the countryside and especially in a small villages. Of course, there are also disadvantages and some people may not like it. But for me, it is great :) In this post, we are going to focus on the main reasons why I love living in our small village.
Continue reading “9 Reasons to live in a small countryside village”
I have already talked about the emergency fund before. Today, we are going to cover a different kind of fund: the opportunity fund. It is not as well-known as the emergency fund. And it is not nearly as used at the emergency fund either. However, I think it is important to know what it is.
As its name indicates, this is a fund that contains money waiting for an opportunity. The idea is to get ready for investing opportunities. The best opportunity in the stock market being a full-blown bear market. In this post, we are going to see exactly what purpose this kind of fund serves. And also I am going to discuss its downsides.
Continue reading “What’s an opportunity fund ? Be ready for a bear market”
This month, I spent ten days in the United States for my company. Since it was not far, I and one colleague decided to go visit Washington D.C. while we had the chance. We only went there for a day but we already were able to see quite a lot of things.
Washington D.C. is the capital of the United States. It is just between the states of Maryland and Virginia. It is interesting to know that they in no real state. In fact, Washington D.C. is in the district of Columbia (hence D.C.). And its inhabitants do not get a vote in Congress. It is not a huge city, having less than one million people. But it contains many very iconic buildings such as the Capitol, the White House or the Lincoln Memorial. It is really a nice place to visit.
The day was quite cloudy during our visit. Unfortunately, some of my pictures are not very clear as a result. But we did not get any rain and the trip was very good. And very frugal. I managed to not spend anything in D.C. :)
Continue reading “One day in Washington D.C. – Frugal and Awesome”
You may not know it, but there are many ways to invest in real estate. Each of these ways have advantages and disadvantages. If you want to invest in real estate, it is important to know about these ways before doing a choice and investing in one of them. Or investing in several of them.
For now, I am not really invested in the real estate market. I just have a small position though my World ETF that has some real estate funds. But I may invest more in the future. For now, I need more stocks, but once I have got enough, I may shift a bit of my portfolio into real estate.
Let’s now see the different ways to invest in real estate. There are quite diverse. Each person wanting to invest in real estate should find a way that is adapted.
Continue reading “5 Ways to invest in real estate”
One thing I did not cover yet on this blog is how do we get around. You may be surprised to hear that we mostly use a car. If you follow several personal finance blogs, you may have heard that cars are almost evil. Most people will actually advocate you to ride a bike or take public transportation.
However, I do not think cars are evil. I do not really like driving, but I like the freedom that a car gives me. Moreover, where I live, it is almost mandatory to own a car. We use it to get around almost everywhere.
In this post, we are going to see how we get around with our car and how we are traveling abroad. I am also going to detail the cost related to my car. I am not going to advocate you to have a car. The choice is for everyone to do. I can totally understand people who do not want to drive. If you live in a city, for example, it is not as useful. But cars are not evil! You can become financially independent with a car ;)
Continue reading “How do we get around ?”
nIt has been a while since I have done a book review on that blog. In fact, it has been a long time since I have read a personal finance book or an investing book. But two weeks ago I saw that Think and Grow Rich, from Napoleon Hill, was at only 0.58$ on Amazon for Kindle. You can read my tips about finding cheap Kindle ebooks. I often saw it mentioned in best of lists on several blogs. So I thought it was a good bargain. So I bought it and read it and here is my review :)
This book is about self-improvement and personal development. It is a very old book. It was written in 1937 by Napoleon Hill. Interestingly, it was written just after the great depression. It is based on the secret recipe for success by Andrew Carnegie. All this book is based on explaining this secret recipe through a series of steps.
As you will discover, Think and Grow Rich is a very special book. It is very different from most of the books I usually read. It can teach you a lot of things, but you may have to figure out many things yourself.
Continue reading “Think and Grow Rich – Book Review”
Some people wonder why bloggers blog. You may want to know the reasons why I blog? There are many reasons why I started this blog. I have started this blog as a simple way to keep track of my progress in improving my budget. This helped me stay motivated a lot.
Over time, I took more and more pleasure in writing posts. So I increased the scope of the blog. I have writing many more articles on this blog than I would have thought. In this post, I am going to give you the main reasons behind my blogging. I am not going to tell you that you need to start a blog. Contrary to most bloggers, I do not think blogging is for everybody. And not every blog is profitable, even after one year of work. But there are many reasons why it is interesting to blog! Continue reading “7 reasons why I blog”
In our Investing series, there is something we did not yet cover in details: dividends. A lot of companies in the stock market are paying dividends to their stockholders. That means that if you own a share of Coca-Cola, you will receive some cash four times a year, every quarter.
This is a nice way of accumulating cash since it does not require you to do anything. It is a fully passive income. You still need to buy the shares of course. But once it is done, you will get the money. There are many important things to know about these dividends and we are going to cover them in this post. If like me you are investing the entire market, you will get some dividends automatically :)
Continue reading “Dividends – Nice passive income”