Dear FI friends,
In the below graphic, you will see our average monthly budget including our saving rate. From this view, it is clear that we could save more if we would cut in:
- Personal spending.
For the first point, we will have a good news that will arrive in April, due to some construction work in front our building, I have been able to negotiate a 15% rent decrease per month (around 480 CHF), this amount will go directly to the portfolio fund. Except this decrease the only thing would be change for a smaller apartment, which will probably not happen.
For the vacation, we could clearly save big time. I cannot say that we are frugal! We don’t take necessary a lot of vacation outside our home but when we do it, we do in luxury travel.
Personal spending, mostly clothes for my wife, she is a fashion addict, but as I mentioned in the post (Viva the ¨SALES¨ period) she is very very wise in spending always looking for the discounted product or the sales period. But still, we could do something there 🙂
So finally, the real saving would come from changing home.
So where do you stand on your budget?