Personal Investment

(Disclosure: Some of the links below may be affiliate links) I cannot believe that 2019 is already over! It flew by us! December 2019 was no exception. It went by really fast. And before I forget, Happy New Year to you all!This article will be the last monthly update for 2019! December 2019 was a quiet month for us. As it is usual at this time of the year, we had many parties with friends and families. But nothing out of the ordinary happened this month (which is good!).From a financial point...

(Disclosure: Some of the links below may be affiliate links) The world of investing is complex and extensive. There are tons of concepts such as stocks, bonds, leverage, bear markets, and such.Today, I want to provide you with a glossary of all these investing terms. This glossary has been requested several times by some of my readers. Hopefully, this will help you navigate the investing world easily.If you think I should include some other terms in the glossary, let me know in the comments...

(Disclosure: Some of the links below may be affiliate links) TransferWise and Revolut offer services that are quite similar. They are both offering cheap money transfers in many different currencies. How can you decide between both services?I have both cards. But, I am mostly using my Revolut card. So, many of my readers asked me why I was mainly using my Revolut card, where I could have only used my TransferWise card. Today, I am going to answer the question: Which is better between...

(Disclosure: Some of the links below may be affiliate links) I think Swiss investors will agree that the biggest problem with Revolut was that they did not have a Swiss IBAN. Some good news just arrived for us!Revolut now includes a Swiss IBAN when you want to top it up! It means you can now top up your Revolut account for free directly from your bank account. It is great since that was missing from the start on the Revolut account.And probably even bigger news for Revolut: they got a...

(Disclosure: Some of the links below may be affiliate links) Last month, I started my new interview series: Frugal Living in Switzerland. The first interview with Janet was very well received by my readers. In this series, I am interviewing people that manage to live frugally in Switzerland, one of the most expensive countries in the world.Today, I am going to interview another frugal person living in Switzerland, Mr. Road To Fire. He is a young manager, saving more than 55% of his income! It...

(Disclosure: Some of the links below may be affiliate links) One big problem with most credit cards is that they charge hefty fees for transactions in foreign currencies. If your base currency is Swiss Francs and you are paying something in dollars, you will have to pay a percentage of the transaction as a fee. It is not uncommon for credit card companies to charge more than 2% fees on such transactions. That is where the Revolut travel card comes into play!As we are going to see, Revolut can...

TwitterFacebookPinterestLinkedin(Disclosure: Some of the links below may be affiliate links) For a lot of people, having a strict routine will help remember essential things. It is the case for me. I like routines. Each month, I am following the same personal finance routine for my budget. You can see most of the results in my monthly finance reports. In this post, I am going to describe the steps I am doing every month.I think it is great to have a routine. It helps you get more efficient,...

TwitterFacebookPinterestLinkedin(Disclosure: Some of the links below may be affiliate links) In Switzerland, you have to have some insurance for your car. But, the system is quite complicated, with many options. And the insurance dealers will not make car insurance easy for you.There are several different levels of insurance for your car. And only one level is mandatory. And there are even some options that are useless. But insurance dealers will always try to make you take as many options as...

TwitterFacebookPinterestLinkedin(Disclosure: Some of the links below may be affiliate links) There are many personal finance myths out there. And many people believe in these myths very strongly. Basing your decisions on myths can do a lot of damage to your finances.For instance, many people believe only the rich can invest in the stock market. It is just a myth. Anybody can invest in the stock market. And many personal finance myths like this are being propagated.Many of these personal...

TwitterFacebookPinterestLinkedin(Disclosure: Some of the links below may be affiliate links) In November 2019, we did very few special things. It was a quiet month. But it was still a good month. And it was a great month for our finances.I spent a few days in Berlin for work for a conference. It was a good conference. Since it was paid by my company, it did not make big differences in our budget.We still spent more than 5000 CHF this month. But we managed to save more than 50% of our income...