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  #61  
Old 26.04.2015, 20:48
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Re: What lifestyle will we have

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Clearly lost in this cultural exchange - the sarcasm!
Exchange rates have changed since 2008 and especially since Jan 15th this year; you now get much more sarcasm for each CHF.
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  #62  
Old 26.04.2015, 21:31
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Re: What lifestyle will we have

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I find it disgusting people talk of a salary of 120k when people are starving in Africa and the national wage is just a few hundred dollars in many countries there.
Best reply of the day , it must be the indecisive weather we are having.
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  #63  
Old 29.04.2015, 13:28
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Re: What lifestyle will we have

Pinkpanter, I'd like to congratulate you on not having lost your cool as your thread became wobbly in parts.

You might also find some helpful ideas in
Budget For Family of 4 in Basel
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  #64  
Old 29.04.2015, 15:40
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Re: What lifestyle will we have

I am a stay at home mom of 2 in Zurich. Our family income is about 200k before taxes and all that comes out. We live fairly modestly in a 2-bdrm apartment with one car. We go out to eat once a month (or less) as a family. I have to say that, honestly, after you factor in retirement savings, education savings (in case of US colleges), healthcare, car costs, traveling to America once or twice a year with the family, one kid in spielgruppe 3 mornings a week, and exorbitant costs of all kids sports and activities here, we usually are scraping the bottom of the coin basket by the end of every month.
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  #65  
Old 29.04.2015, 16:26
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Re: What lifestyle will we have

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I am a stay at home mom of 2 in Zurich. Our family income is about 200k before taxes and all that comes out. We live fairly modestly in a 2-bdrm apartment with one car. We go out to eat once a month (or less) as a family. I have to say that, honestly, after you factor in retirement savings, education savings (in case of US colleges), healthcare, car costs, traveling to America once or twice a year with the family, one kid in spielgruppe 3 mornings a week, and exorbitant costs of all kids sports and activities here, we usually are scraping the bottom of the coin basket by the end of every month.

I find that scraping the bottom bit, hard to believe, but then I suppose if you plan to give your kids Ivy league education and you see your friends are pulling in a couple of million per annum, not including bonuses, then I imagine it does feel like the bottom of a cesspit, forgive my not caring... at all. As you are still humongously wealthy...
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Old 29.04.2015, 16:36
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Re: What lifestyle will we have

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I am a stay at home mom of 2 in Zurich. Our family income is about 200k before taxes and all that comes out. We live fairly modestly in a 2-bdrm apartment with one car. We go out to eat once a month (or less) as a family. I have to say that, honestly, after you factor in retirement savings, education savings (in case of US colleges), healthcare, car costs, traveling to America once or twice a year with the family, one kid in spielgruppe 3 mornings a week, and exorbitant costs of all kids sports and activities here, we usually are scraping the bottom of the coin basket by the end of every month.

You seriously wants us to believe that you find it hard to make ends meet... with 200k a year?

Either you are trolling or you shop at places I don't even know the name of.
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  #67  
Old 29.04.2015, 16:50
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Re: What lifestyle will we have

Well, our older child goes to local school, our home is furnished entirely in IKEA, and we have nothing but H&M or C&A clothes in our closets, often second-hand. Frankly, we are more than satisfied with our experience here, we are happy and healthy, get to travel a bit, and have a wonderful life which I wouldn't trade, but we are hardly living high on the hog. If you'd like to pop over and help re-evaluate the budget, door's open!
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  #68  
Old 29.04.2015, 17:05
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Re: What lifestyle will we have

I can understand, Imdevore, that while you may have been trying to help Pinkpanter with some real-life expierence, your post seems to have stung some people. As some of their replies seem to have stung you.

Perhaps you didn't realise that many people in Switzerland (probably most, outside the top echelon) earn much, much less than 200k. Many could only dream of "traveling to America once or twice a year with the family".

And although the top earners seem to be prominently represented here in the EF, there are many other users who probably earn much more ordinary local wages. Many families in Switzerland can, in fact, only make ends meet at all because both parents work to earn.

Here, for example, are sample budgets for a family of 4, with an annual income of 54000 to 66000, or for 90000 to 108000.
http://www.budgetberatung.ch/Budgetbeispiele.19.0.html

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If you'd like to pop over and help re-evaluate the budget, door's open!
If your mean this as a serious offer to share information from your budget, then yes, please.
Since, one way or another, newcomers keep asking "are we going to make it okay on this salary?", I think that would be very, very useful on this forum if you were willing to share more. Perhaps you could relate your details to the standard sample budgets given above.
Thanks.
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  #69  
Old 29.04.2015, 17:06
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Re: What lifestyle will we have

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Well, our older child goes to local school, our home is furnished entirely in IKEA, and we have nothing but H&M or C&A clothes in our closets, often second-hand. Frankly, we are more than satisfied with our experience here, we are happy and healthy, get to travel a bit, and have a wonderful life which I wouldn't trade, but we are hardly living high on the hog. If you'd like to pop over and help re-evaluate the budget, door's open!
Maybe you have to make such sacrifices because your husband is maintaining a few other ladies on the side ?
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Old 29.04.2015, 17:11
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Re: What lifestyle will we have

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Well, our older child goes to local school, our home is furnished entirely in IKEA, and we have nothing but H&M or C&A clothes in our closets, often second-hand. Frankly, we are more than satisfied with our experience here, we are happy and healthy, get to travel a bit, and have a wonderful life which I wouldn't trade, but we are hardly living high on the hog. If you'd like to pop over and help re-evaluate the budget, door's open!
I am assuming here based on the information given that your retirement savings and the education savings ( plus the one or two trips to the US every year) are swallowing a fairly large chunk of your monthly income.
Otherwise you really do have a serious problem with your budgeting.
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Old 29.04.2015, 17:14
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Re: What lifestyle will we have

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Well, our older child goes to local school, our home is furnished entirely in IKEA, and we have nothing but H&M or C&A clothes in our closets, often second-hand. Frankly, we are more than satisfied with our experience here, we are happy and healthy, get to travel a bit, and have a wonderful life which I wouldn't trade, but we are hardly living high on the hog. If you'd like to pop over and help re-evaluate the budget, door's open!
Then I don't get it. Honestly.

You should be living la vida loca with that kind of salary
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Old 29.04.2015, 17:21
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Re: What lifestyle will we have

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Well, our older child goes to local school, our home is furnished entirely in IKEA, and we have nothing but H&M or C&A clothes in our closets, often second-hand. Frankly, we are more than satisfied with our experience here, we are happy and healthy, get to travel a bit, and have a wonderful life which I wouldn't trade, but we are [I]hardly living high on the hog.[/I] If you'd like to pop over and help re-evaluate the budget, door's open!
lol, scraping the coin basket? Do you have champagne and caviar for breakfast every day? What a pity…now where's my little violin? - I'll play you a song.
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  #73  
Old 29.04.2015, 17:28
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Re: What lifestyle will we have

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The salary will be approx 150k Swiss Franc...
Looking at moving to Zug...
What kind of lifestyle can we be afforded on this salary in Zug or surrounding areas.
Hi,

My wife recently took on a job in Zug with a similar salary level - and I can honestly say that an income like that, will be more than adequate for a nice life in Switzerland - at least if you don't have to pay for daycare, as this is very expensive

We're a family of four and our two kids are in the primary school. We have a large 5,5 room apartment within approx 15 min walking distance to Metalli (shopping center in the middle of Zug) which cost CHF 3400/month including utilities and 2 parking spaces.

We have a fairly basic health insurance plan which is about CHF 600 per month.

Please note that you also should qualify for child allowance, which in Kanton Zug is CHF 300 per child per month.

Groceries are very expensive (2-3 times what we were used to from Denmark), but we still have room in our budget to eat out once a week and also put away CHF 3k a month for our savings account.

BR
Tobias
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  #74  
Old 29.04.2015, 17:59
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Re: What lifestyle will we have

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I am assuming here based on the information given that your retirement savings and the education savings ( plus the one or two trips to the US every year) are swallowing a fairly large chunk of your monthly income.
Otherwise you really do have a serious problem with your budgeting.
As many seem legitimately curious, and I'm trying to give OP a realistic example for a family of 4, I'll expound...

per month:
Base = 16k
Take home = 12k
Rent = 2500
Health Ins = 900
Elec/cable/mobiles = 300
Helping support hub's mother = 1000
Educ savings for children in USA 529 (below recommended amt for public univ) = 1000
Car expenses (ins/reg/parking) = 400
Both of us in int'l master's programs = 2000
Spielgruppe (3 AM's/week) = 400
Kid's activities/sports = 300
Groceries/household = 800-1000
Home Ins/Billag/Apt year end exp, etc = 400/mth
Travel savings = 1000

You can see how we easily get to 11,000 in expenses a month without even considering any clothes, shopping, entertainment, gym memberships, the occasional cup of coffee or husband's work lunches. I cook at home 29 days out of the month. We do have our own specific family and educational expenses and travel, but then, everyone has got their own stuff, I don't consider ours extravagant or excessive. I'm in no way trying to brag or show off, quite the contrary. I know we earn above average and it is indeed hard for us to make it through each month, much less save anything substantial. We don't qualify for the school subvention programs (obviously), so my older child is not able to eat lunch at the school (33chf/day) or attend the afterschool hort (77chf/afternoon), even though she would love to once a week. Hope this helps a bit.
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  #75  
Old 29.04.2015, 18:12
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Re: What lifestyle will we have

33 CHF/day for a kid's lunch? Typo or can this be correct?

I pay 15 CHF for my kantine lunch at work and it's nothing special - I can't believe that it would be 33 chf/day for a kid?
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  #76  
Old 29.04.2015, 18:12
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Re: What lifestyle will we have

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As many seem legitimately curious, and I'm trying to give OP a realistic example for a family of 4, I'll expound...

per month:
Base = 16k
Take home = 12k
Rent = 2500
Health Ins = 900
Elec/cable/mobiles = 300
Helping support hub's mother = 1000
Educ savings for children in USA 529 (below recommended amt for public univ) = 1000
Car expenses (ins/reg/parking) = 400
Both of us in int'l master's programs = 2000
Spielgruppe (3 AM's/week) = 400
Kid's activities/sports = 300
Groceries/household = 800-1000
Home Ins/Billag/Apt year end exp, etc = 400/mth
Travel savings = 1000

You can see how we easily get to 11,000 in expenses a month without even considering any clothes, shopping, entertainment, gym memberships, the occasional cup of coffee or husband's work lunches. I cook at home 29 days out of the month. We do have our own specific family and educational expenses and travel, but then, everyone has got their own stuff, I don't consider ours extravagant or excessive. I'm in no way trying to brag or show off, quite the contrary. I know we earn above average and it is indeed hard for us to make it through each month, much less save anything substantial. We don't qualify for the school subvention programs (obviously), so my older child is not able to eat lunch at the school (33chf/day) or attend the afterschool hort (77chf/afternoon), even though she would love to once a week. Hope this helps a bit.
Well you did forget to mention the 1000 chf for your mother in law and the 2000 chf for your international masters programme in your initial post. 3000 chf is a big chunk of money to be paying out every month. Add the 1000 chf per month travel savings which I guess is to pay for trips to the US plus the 1000 chf for the kids university fund and over a third ( in fact nearer to half) of your take home income is gone before you factor in any living expenses.

Are you sure the lunches are 33chf per day and the Hort 77 chf per afternoon? That does seem awfully expensive even without the subventions. You could have lunch in a restaurant for less than that every day and waaaay less for if you took the chikdren's menu.( for your child obviously)

Last edited by Belgianmum; 29.04.2015 at 18:28.
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  #77  
Old 29.04.2015, 18:16
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Re: What lifestyle will we have

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As many seem legitimately curious, and I'm trying to give OP a realistic example for a family of 4, I'll expound... <expensive stuff snipped>
You spend all your money and it's gone. That's what happens.
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Old 29.04.2015, 18:22
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Re: What lifestyle will we have

Thanks very much, Imdevore, for taking the bold step of sharing this info here. I am sure that in doing so, you will help many.

Okay, you have items on your list which are not usually considered on a regular budget along the lines of those from Budgeberatungsstelle, like supporting a parent (kind), both paying master's fees (future thinking for the adults), And on your high income, choosing to save for the children's university (probably wise planning) and putting aside a substantial sum for travelling expenses is also understandable.

Those items, taken together, make 1000 + 2000 + 1000 + 1000 = the 5000 Francs that many families would have to consider "extra".
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Old 29.04.2015, 18:25
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Re: What lifestyle will we have

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I am a stay at home mom of 2 in Zurich. Our family income is about 200k before taxes and all that comes out. We live fairly modestly in a 2-bdrm apartment with one car. We go out to eat once a month (or less) as a family. I have to say that, honestly, after you factor in retirement savings, education savings (in case of US colleges), healthcare, car costs, traveling to America once or twice a year with the family, one kid in spielgruppe 3 mornings a week, and exorbitant costs of all kids sports and activities here, we usually are scraping the bottom of the coin basket by the end of every month.
You must be really naive to blow this sort of money each month
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Old 29.04.2015, 18:26
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Re: What lifestyle will we have

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I am assuming here based on the information given that your retirement savings and the education savings ( plus the one or two trips to the US every year) are swallowing a fairly large chunk of your monthly income.
Otherwise you really do have a serious problem with your budgeting.
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Well you did forget to mention the 1000 chf for your mother in law and the 2000 chf for your international masters programme in your initial post. 3000 chf is a big chunk of money to be paying out every month. Add the 1000 chf per month travel savings which I guess is to okay for trips to the US and a third of your income is gone before you factor in any living expenses.

Are you sure the lunches are 33chf per day and the Hort 77 chf per afternoon? That does seem awfully expensive even without the subventions. You could have lunch in a restaurant for less than that every day and waaaay less for if you took the chikdren's menu.( for your child obviously)
Admittedly, we do spend a big chunk on education. Luckily this will be finished next year and we can start saving a bit.
Yup, lunch in stadt Zurich in primary school is indeed 33chf/day (lunch!!!) if you don't qualify for help. Any the after school care (which includes lunch) is 77/day. It is unbelievable, but true. https://www.stadt-zuerich.ch/ssd/de/...te/kosten.html
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