He’s just 23 years old – but he’s already made a real name for himself on the internet. Thomas AKA “Sparkojote” (“Thrifty Coyote”) is a financial expert and blogs on topics such as equities, dividends and the like. His business is already earning him five-digit amounts every month. The YouTuber and minimalist gives us his best savings tips.

In July of this year he grossed around 11 000 francs. His net worth is already upwards of 150 000 francs. Thomas, known in the virtual world as “Sparkojote”, has turned his hobby into a successful business. On YouTube and on his blog, the young financial expert teaches his thousands of followers everything about shares, dividends and his own lifestyle. As a minimalist, Thomas deliberately concentrates on what really matters in life. As well as on making his dream come true: by the age of 30 at the latest, he wants to have banked his first million. 

Simple savings tips for everyday life

We talked to Sparkojote and asked him for his best, and yet simplest savings tips. Learn how you too can easily save in your everyday life, progress towards your financial goals and be able to lead a self-determined life without financial worries.

Tip 1: Pillar 3 savings

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*Thomas Kovacs is not a Swiss Life client. He has received no compensation for his collaboration. Video by Christoph Jentzsch, Content Creation & Online Marketing @ Swiss Life

Sparkojote, too, has realised how important the third pillar is: anyone looking to maintain their accustomed standard of living in old age should make private provisions.

 

Provide for the future with 3 pillars

Sparkojote, too, has realised how important the third pillar is: anyone looking to maintain their accustomed standard of living in old age should make private provisions.

Tip 2: “Sharing is caring”

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Video by Christoph Jentzsch, Content Creation & Online Marketing @ Swiss Life

Why pay too much for a subscription or a car when you can just as easily share it with friends or family?

Tip 3: Save at the beginning of the month

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Video by Christoph Jentzsch, Content Creation & Online Marketing @ Swiss Life

If you put aside a certain sum of money at the beginning of the month rather than at the end, you won’t be tempted to spend it.

Tip 4: Internet via hotspot

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Video by Christoph Jentzsch, Content Creation & Online Marketing @ Swiss Life

Unlimited internet on one’s smartphone is popular throughout Switzerland. A hotspot allows you to transfer it to your laptop or other devices and save additional WiFi costs.

Tip 5: Share the rent

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Video by Christoph Jentzsch, Content Creation & Online Marketing @ Swiss Life

You can save cash by sharing a dwelling with your friends or partner.

Now it’s up to you

Do you have a goal of your own to save for, a big dream you want to see come true some day or a nest egg you would like to put by in good faith? Sparkojote’s savings tips can help you get that bit closer to your objective. And best of all: you only need to tighten your belt a smidgen. You’ll soon see the positive effect on your account nonetheless. It makes saving fun!

Thomas Kovacs

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"Der Sparkojote"

Thomas Kovacs is 23 years old. At 18 he had already opened his first shareholder's safekeeping account. Today Thomas runs a successful financial blog and YouTube channel under the name “Sparkojote”. He also sells trading card games and merchandise in his own online shop. Thomas is a minimalist: he reduces his life exclusively to the things he truly likes.

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