Hello and thank you.
Wow, when you think like that it’s indeed not bad.
By the way, you speak about the 2nd pillar. My employer gives the same amount as I do and I have different choices :
Basic - minimum legal
Normal - I think 6 %
High - I think 7 or 8%
Would you recommend me to choose the high option ? I’m actually with the normal version.
Also, I think I will not live all my life in Switzerland, if this information has an impact.
Thanks for your reply 
HAHAHAHAH
Luckily she looks waaaaaay nicer than “her” 
This sounds kind of too good to be true, how did you buy that house? Do you know the people or was it some shady scam platform?
Nothing shady, I checked everything about the company and what made me really invest is a famous YouTube who also invested with this company.
I’ll update you at the right time 
How is that not a red flag 
Even disregarding the fact that you already are already saving more than a hundred (since I think you should count your 3a and probably real estate as well):
Yes you can:
That’s approximately 2000 CHF a month.
You should be able to lower these expenses to 1500 easily.
Even 1000 is certainly possible.
You just don’t want to.
I’d first build an emergency fund that I’m happy with (minimal for me is 5K, your mileage may vary), then I’d take the high deal.
There’s probably ways to take the basic deal, invest the difference efficiently and get a better deal, but:
on the short term, the part paid by the employer is free money and there’s a tax deduction, so on a few years time horizon, it wins out.
current interest rates may not last forever, that money may grow more one day, changing the results of the returns calculation and the room you’d have given up would not be fillable then.
if you don’t intend to stay in Switzerland or in a EU/EFTA state, you can cash it out then, making the free money argument somewhat better.
if you intend to stay in Switzerland, you can use it to buy a home or start an independent business venture.
All in all, you’d have to run the numbers for yourself, see what you can get out of 2% of your salary if you invest it in your own way, what 4% gets you invested in a second pillar, figure out what you’d want to do with that money and decide for yourself.
Edit: I’ve made a few assumptions (13th salary, 10% social deductions, 20% marginal tax rate, 7% yearly returns of which 2% are taxable dividends and 5% untaxed capital gains, 1% returns on the 2nd pillar investments) and it took me 20 years for the Basic deal to beat the High one. You’ll still have to run your own numbers but I’d take the High deal, myself.
I agree with others that building an emergency fund should be your top priority. You are leveraged into very risky investment, high expenses, and nothing to fall back into if something goes wrong!
If your income went away, things could get really bad really fast.
My advice: don’t be greedy. If you are already on a career path that will provide a high salary, focus on moving along that career while containing your expenses (no lifestyle inflation).
Putting almost all of the money you own in very risky, illiquid investments to get back at most ~20% of a relatively small sum is not worth it in my opinion.
Thanks everyone for the inputs.
I understand your worries about the investment return of ~20%, as I had it in the beginning too.
It’s complicated to « debate » on that topic by writing, but I made my background checks and everything seems to be very well.
The amount is indeed small, as it is a group purchase for a bigger amount.
In Bali, the tourism is in a constant increase and that’s why the Airbnb business works so well. In anyway, I’ll update you in 2-3 years when I will have had some returns.
I’ll upgrade my emergency fund 
Thanks everyone, it’s nice so have some advice and opinions even though they don’t all match with mine 
What do you mean with this?
If you haven’t bought any cryptocurrencies, how are the 9k “invested” and what does the “rate of 6%” mean?
Some sort of a savings plan? How does that work?
Btw trying to find logic and time the market is a fool’s errand - in the “regular” stock market, let alone crypto…
I can only recommend to get out of all the alternative “investments” as fast as possible and follow a more proven way to invest.
No matter how good everything looks, nobody is going to give you 22% return for free. If they really could get that return, they would get it for themselves. At best it is a really risky investment, at worst just a straight up scam.
Yeah there are either coins that you can “stake” and return such amounts, however I my opinion it will just lead to inflation by the same amount so you might not really gain anything at the end. And there’s also saving plans on binance with similar returns.
how they can give 6% on a savings account, is it denominated in Turkish Liras or something like that?
You can call your pension fund and ask them if there is a difference between a 7-8% voluntary contribution or the same amount as a buyback at the end of the year. In my case, the difference is that the voluntary contributions increase the max buyback amount possible witch can be a good thing for tax optimisation now or even better, a few years before your pension (but that is far away for now).
Jesus, is this really the impression this forum makes? “MP forum. We hate bankers.”
I think your expenses are totally in line. Your expenses are lower than mine. In your case I would totally not waste my time on tiny optimizations. The only thing I can imagine is if you had a good flatmate or a partner, you could cut flat costs by half and potentially save an extra 1000 CHF.
I think it’s great that you already earn this salary at the age of 25, that’s a great start. Now focus on getting better, be on the lookut for opportunities and sooner or later a raise will come, and you will be able to pocket the entire raise if you don’t inflate your lifestyle.
I want to stress once more that I would much more focus on work than on saving 10 CHF by using the toilet paper on both sides etc…
Please, I’m at work. I don’t need to laugh out loud. 
Plus, you really want to buy the sturdier stuff if you do this so you don’t nearly save as much as you would think. I find that cheap high fiber meals are a better savings technique.
Hi @Olivier96
Your personal contributions to pillar 2 have both positive and negative effects
(+) you don’t pay income tax on your contributions
(+) the contributions belong to you and you can withdraw at least the super-mandatory part when moving away from Switzerland (estimated 100% withdrawal when moving outside of EU)
(+/-) you can’t touch the cash unless withdrawing requirements are met, which is good for weak-willed people and bad for people who have investment ideas
(-) you will most likely get an annual profit on investments by the pension fund which is defined by the Bundesrat and capped (see below). Tip: look up how much return the stock market has made in the same period and how high the inflation was.
1985–2002: 4.00%
2003: 3.25%
2004: 2.25%
2005–2007: 2.50%
2008: 2.75%
2009–2011: 2.00%
2012–2013: 1.50%
2014–2015: 1.75%
2016: 1.25%
2017-2021: 1.00%
RemindMe! 2 years…
I think you expenses are fine. The only place where you have a bit of room is the fun money wheter you want to reduce it or not is up to you. I think it should not be about optimizing everything if it is not out of hand (which is the case here) and especially if it gives you a good balance.
Where do you live ? I have always been surprised by the low amounts people spend on food on this forum. I cook everything not a single frozen or microwaved dish and my gorceries are always around 300-350.-.