Transparency
(Disclosure: Some of the links below may be affiliate links)
I believe that every blogger owes as much transparency as possible to its readers. And this is incredibly important for personal finance blogs such as mine.
I have already talked about the current lack of transparency in the personal finance community. And this is something I plan to talk about even more in the future.
We are currently trying to become financially independent before we turn 50. We plan to stay in Switzerland. We do not know if this will be possible. But we are going to try.
How are we doing?
We are currently far from being financially independent. In fact, we are about 45% on our way to financial freedom.
There are some things that play in our favor:
- I have a high salary. I currently earn about 200,000 gross CHF per year.
- We both had a good education.
On the other hand, some factors are playing against financial independence:
- We have a child.
- We have an expensive house.
- We live in a canton with very high taxes.
If your situation is different, you may not achieve the same results as we do. But even if your salary is lower, it may just take you longer to reach financial independence. And every journey to financial independence is a different journey!
Our numbers
Since I am all about transparency, it is important for me to share actual numbers. I dislike blogs that do not share actual numbers.
On this blog you can find:
- Our savings rate, month after month
- Our goals, month after month
- Our progress towards financial independence
This is all available in our monthly updates, month after month.
We try to be as open as possible with all the numbers, and I hope you appreciate it!
We also try to be as fair as possible when computing our numbers. We are not inflating our numbers with some tricks just for showing off!
Money on the blog
I also want to be transparent about the blog and money.
This blog is monetized using affiliate links. Read my Disclosure about that for more information. If you click on an affiliate and make a purchase, I will receive a small bonus at no cost to you.
However, I would never use an affiliate link for a platform I do not recommend. For instance, I started advising Bluehost, but then I realized it was a terrible company, and I removed all my affiliate links. Now, I only recommend SiteGround. This is the host I am using.
I am not currently trying to make a significant amount of money on this blog. I am just trying to get something back for the large amount of time I invest.
Any other questions?
If you feel like some information is missing from this blog, please let me know in the comments below or use our contact information.
Or if you have another question regarding transparency (or anything else for that matter), please do not hesitate to comment below!
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