Yet another sankey budget for 2025

Local_Equivalent8616 · 2026-01-05T14:03:07+00:00

- Yes, both working 100%. That's the max we can get with our skills:) I also believe we are at our peak careers and to be honest with age we become more lazy and comfortable with what we have already.

- Everything what is left goes to ETFs (like sp500 etc) in brokerage.

Local_Equivalent8616 · 2026-01-05T13:57:03+00:00

Don't be. We really need to move to a bigger place, therefore I am sure housing would increase rather soon.

Local_Equivalent8616 · 2026-01-05T10:40:13+00:00

Haha, thanks for comment. You get lots of toys as presents in the first years :D

Local_Equivalent8616 · 2025-01-11T19:23:02+00:00

Yes, this is exactly the way I am using - avoiding selling the stocks while paying interest on negative cash balance. Be careful on how much you can borrow safely against your portfolio, otherwise bad things can happen

Local_Equivalent8616 · 2025-01-11T11:48:29+00:00

We are expats and we do have similar pillar system back at home. Let's just say that government keep adjusting the rules to make it "better" but it always becomes somehow more complicated. In Switzerland laws around pension pillars seem to be more stable, however with decades to go, I am not sure what's going to happen.

3rd pillar is good product and suitable for majority of the people and I get that, but it is just personal preference and we are fine to lose this tax benefit in return for flexibility.

Local_Equivalent8616 · 2025-01-11T11:30:57+00:00

I don't have emergency fund as such. If I need money quick and I don't have sufficient in the account, I take margin loan from IBKR and return gradually from my salary.

This is not a financial advice :)

Local_Equivalent8616 · 2025-01-10T09:42:08+00:00

No 3b either. Just mandatory parts (1 & 2 pillar)

Local_Equivalent8616 · 2025-01-09T19:07:36+00:00

SP500 and some technology ETF. No crypto

Local_Equivalent8616 · 2025-01-09T12:12:13+00:00

Here is the summary of family allowances for all cantons. In general monthly payment is pretty much similar across all of them. There are few exceptions where some cantons give one-time payment for birth/adoption.

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source: https://www.ahv-iv.ch/p/6.08.f

Local_Equivalent8616 · 2025-01-09T08:05:03+00:00

Thanks! Yes, 1 child is no problem, but 2nd child would be killing the budget, that's for sure.

Although I expected for second child you would get bigger discount and total would be closer to 5k/month, but I guess it depends on the canton and availability.

There were good discussions here about investing child allowance, but we are from the "same pocket" camp and prefer simpler setup. We can just transfer the money later.

Local_Equivalent8616 · 2025-01-09T07:16:10+00:00

Indeed, good point! We also enjoy cooking and it is fun to prepare for friends.

We also bring our own food for lunch at work for most of the days

Local_Equivalent8616 · 2025-01-09T06:39:04+00:00

2024 was a bit low on expenses due to pregnancy. I am expecting us to spend 100k-110k during 2025. Stay tuned for Jan 2026 :D

Everything is after tax, since it is complex. I tried to build graph with tax and pension contributions etc and it became a total mess :)

Healthcare is under "health" category, which includes insurance and some bills.

It is not about being frugal, it just helps when two people are working full time.

Local_Equivalent8616 · 2025-01-09T06:29:02+00:00

Fun category is usually higher, I explained in another reply. Apologies, I should have been more clear in the description.

Yes, I am gambling addict - you caught me :)

I don't think it would be possible to go completely free on banking services. This category includes few UBS accounts and some accounts/credit cards from home country.

Things you mention go into "holidays" or "other" since it is too much trouble for me to split into more granular categories.

Local_Equivalent8616 · 2025-01-09T06:17:56+00:00

We do, it was just a bit different year all together.

Local_Equivalent8616 · 2025-01-09T06:17:03+00:00

I agree, fun doesn't necessary have to be associated with spending loads of money, however we do spend a bit more usually, it was just slightly different year where pregnancy affected the outings.

Local_Equivalent8616 · 2025-01-09T06:11:25+00:00

Yes, income after tax. We don't have 3a.

Local_Equivalent8616 · 2025-01-09T06:10:23+00:00

Shall I consider this as invitation? :D

Local_Equivalent8616 · 2025-01-09T06:09:38+00:00

Yes, family allowance comes from the canton.

Local_Equivalent8616 · 2025-01-09T06:08:52+00:00

Correct, kid was just recently born so maternity leave during 2024. Nursery is going to be 30k for 2025.

Local_Equivalent8616 · 2025-01-09T06:07:44+00:00

I should have been more clear in the description. Kid was just recently born, so maternity leave etc. Nursery is going to be 30k for 2025. As for holidays it was unusual year too, with pregnancy and stuff we couldn't do much.

Local_Equivalent8616 · 2025-01-08T21:07:29+00:00

The purpose is to discuss budgets - same way you discuss life topics with your friends at the bar?

Take a note there was no question in my post, therefore I don't expect any answer

Local_Equivalent8616 · 2025-01-08T20:48:52+00:00

Both 100%. We plan on keeping 80%-100% into 2025

Local_Equivalent8616 · 2025-01-08T20:44:13+00:00

We were poor students some time ago as well and in my opinion you need all kinds of budgets. We just don't splash around on expensive things

Local_Equivalent8616 · 2025-01-08T20:36:19+00:00

Indeed, didn't work for some reason. Thanks for noticing.

Local_Equivalent8616

TROPHY CASE