Tag: Budgeting
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Our Fionist personal update – Q4 2022
Happy 2023 everyone! It has now been four months since launching our blog and three months since our Rosh Hashana new years goals post, so we bet you’re wondering what we’re up to. Welcome to our very first Fionist quarterly update! In this post, we will let you know how we’ve been doing for the […]
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Your bank is not your friend
Banks around the world all have one thing in common. Their main goal is to make money off you in any way they can. Israeli banks are no different. They are going to charge you an arm and a leg unless YOU put a stop to it. Did you know that Israeli banks charge you […]
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8 more ways to lower your monthly expenses
As of writing this post, inflation in Israel is at 5.1% year to date. We all have been feeling the cost of living going up. If you have been reading our blog for the past few months we are strong on budgeting and tracking expenses. Unlike fixed monthly expenses such as rent or tuition, food […]
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When it’s chilly, make some chili.
Like many young couples thrown into the adventure of new parenthood, we were low earners, making slightly above 11K net combined, and suddenly had to stretch our same income to cover daycare and baby equipment. We had to figure out how to get the best deals on diapers, wipes and formula (which we only optimized […]
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5 money mistakes to avoid
We all make mistakes. Everyone does, even the likes of Warren Buffett, Elon Musk, and Bill Gates. The most important thing is to recognize them, learn from them, and find ways not to do them again. Today we want to share five common money mistakes that might seem like no big deal now, but can […]
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Your financial life boat
In March 2020, COVID hit us by storm and the world locked down. Families across Israel – including ours – and the world had one or both wage-earners furloughed or laid off. While the Israeli government paid extended unemployment benefits, no one knew how long they would last or what the future would be. This […]
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8 secrets service providers don’t want you to know
We talk a lot about tracking your expenses and building a budget. But how do you actually bring your expenses down? All businesses have the same goal – making money. But equally important is retaining customers. While the companies on our list will never publicly advertise these discounts – ask and you (likely) shall receive. […]
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Rosh Hashana is upon us. Here are our New Year’s resolutions. What are yours?
While we have always saved and invested, almost exactly one year ago we made the decision to increase our investment rate and actively pursue financial independence. We had both experienced challenges in our work situations, COVID-related and not, and realized that we don’t want to spend the next 30+ years of our lives in a […]
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Buying these “luxuries” costs us over ILS 70K per year (but we buy them anyway)
After listing all of the things we don’t spend money on, we’re following up with the expensive things we DO spend money on, lest you think we’re stingy. 😂 Our Fionist lifestyle isn’t about living as cheaply as possible. It’s about changing our mindset and prioritizing our spending on things that are important to us. […]
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Not buying these things saves us over ILS 80K per year
In our journey to financial freedom, we have found creative ways to go with less. Not only is saving in these areas great for our wallets and our investments, many of them are great for the environment as well, so win-win. 🙂 As always, remember that drastic changes often don’t stick (and can make you […]
Chasing the Fionist Dream 