Personal Investment

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(Disclosure: Some of the links below may be affiliate links) Interactive Brokers is my favorite foreign broker, and Swissquote is my favorite Swiss broker. Both brokers are very well known and have a good reputation. So, it is time to compare Swissquote vs Interactive Brokers in detail. In this article, I look at their fees, features, and usability. We also look at the user reviews for these two tools. Best foreign broker Best Swiss Broker 5.0...

(Disclosure: Some of the links below may be affiliate links) These last few years, we have seen more and more commission-free brokers pop up. At first sight, they look great. Who would not want to pay fewer transaction fees? But usually, if something is too good to be true, that is because it is! How do these commission-free brokers make money if they do not charge anything? We discuss that exact question in this article! By the end of this article, you will know how these brokers make money...

(Disclosure: Some of the links below may be affiliate links) We all like getting raises at work! It always feels great to know your work is recognized, and you will get paid more. But is a raise that important for your financial independence? And how much of a raise can you afford to spend? In this article, I answer these questions through several examples. At the end of the article, you will know exactly how much of a save you should save! Impacts of a raise Before we start, when I talk...

(Disclosure: Some of the links below may be affiliate links) After stopping its partnership with Cembra, Migros Bank introduced its new credit card: The Cumulus Visa credit card. Since the Cumulus Mastercard from Cembra was one of the best credit cards available, we need to look at this new Cumulus Visa credit card. By the end of this review, you will know whether you should use this new Cumulus Visa credit card by Migros Bank. The fall of the Cumulus Mastercard As you may know, Cembra was...

(Disclosure: Some of the links below may be affiliate links) July 2022 was a pretty standard month for us, at least on the financial side. It was once again a scorching month, too hot for me. But we still managed to see friends and family and have an excellent time. Financially, we are back to a standard month and saved about 50% of our income. So, let’s see in detail what happened to us during the hot month of July 2022. July 2022 July 2022 was a good month. We did not have many events,...

(Disclosure: Some of the links below may be affiliate links) I have talked a lot about budget and net worth on this blog. Now, it is time to talk about which budget application I am using to track my budget and net worth. I am using a simple tool for doing these two tasks. I also use the tool to generate the graphs in my monthly reports. While many people in the personal finance community use Personal Capital, Mint, or Quicken, I use a little-known tool called budgetwarrior. I wrote this...

(Disclosure: Some of the links below may be affiliate links) Trading 212 is a European broker that offers commission-free trading on many stock exchanges. Many of you have asked my opinion about this broker. So, today, I review Trading 212 in-depth, with its fees, features, and security. By the end of the review, you will know whether Trading 212 is a good choice for you to invest with. Trading 212 Trading 212 LogoTrading 212 was established in Bulgaria in 2004. They later moved to England...

(Disclosure: Some of the links below may be affiliate links) Cembra is a well-known credit card provider in Switzerland. They are primarily known for their Cumulus card with a good cashback. After stopping this card, they started a new set of cards: The Certo One Mastercard World and the Certo Mastercard World. And these cards look even better than the last card from Cembra. So, let’s delve into the details of these two cards and see how interesting they are. By the end of this review, you...

(Disclosure: Some of the links below may be affiliate links) I can summarise June 2022 in two extremes: heat and taxes. It has been too hot this month. I do not handle heat well, so it has been hard for me, especially adding on top of sleep deprivation. As for taxes, as I expected, we did not pay enough last year. Our income increased significantly but not the prepayment. So, we are left with more than 10K taxes from last year. I was a bit surprised by the amount. I was expecting less than...