How to prevent financial secrets in a relationship

how to prevent financial secrets in a relationship(1)

TOGETHER MEANS TWO   Unfortunately if you are married debt is a family affair and if there are any financial secrets hiding in your closet you still may be on the hook for them. “My spouse secretly racked up credit card debt.” How many times have we heard that scenario, over and over again? A guy I know went through this relationship changing scenario with his now ex-wife. He got married shortly after University to the woman of his dreams. She was a happy, smart woman whom he had lots of fun with and they connected well, they were in love. On the outside it seemed like she had her stuff together. I met her a few times and she was always pleasant. Over the years they bought a house and worked their way up the corporate ladder. It was in 2012 when his wife lost her job due to downsizing that everything went downhill for them, and fast. She struggled to find a new job in her field of work that year but as far as he knew she was still looking for work. They had less and less money to keep their huge house running so they had […]

Classic Rhubarb Pie with Meringue Topping

Classic Rhubarb Pie Topped with Meringue

THE BEST RHUBARB PIE   Since Spring has sprung I’ve decided to make my Classic Rhubarb Pie with the perfect meringue topping. I know many of you may think my Rhubarb pie should be topped with a lattice or a crumble topping, but not necessarily. Those are both 2 delicious ways to top off a Rhubarb pie but I also like to top my pie with a delightful meringue. Meringue also makes the pie very light and fluffy. I also make my lemon pie with meringue at the same time since I make a large batch of meringue. It seems the Rhubarb pie is ALWAYS the first to go. If you enjoy strawberries you can also add some to the pot and make a Rhubarb Strawberry Pie which will add a bit more sweetness to the pie as Rhubarb is very tart. Some people like to eat Rhubarb with a bit of salt and sugar for the reason of it being so tart. Don’t believe me? Take a bite next time you have some Rhubarb and you’ll see. When I was younger I used to pick my moms fresh Rhubarb from the garden, wash it and then dip it straight […]

Mom wants limited Easter chocolate and healthier baskets : The Saturday Weekend Review #114

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SAVE THE CHOCOLATE BUNNY   No, you won’t get an Easter basket filled with carrots and apples but some parents are cutting back on the amount of Easter Chocolate their kids are eating and receiving. Move over Chocolate Easter Bunny…Easter Peeps, Props and Crafts are moving in on you. Just last week while we were at the photographers getting our sons Easter Photos shot along with other parents. One of the mothers who was also getting Easter pictures for her son was getting him all excited about the Easter Bunny and of course he screamed “Easter Chocolate”. That’s when the conversation started! One mother to another Mother 1: My kids love chocolate too much and I don’t want family and friends going overboard this year. Mother 2: I know what you mean and to be honest I’m thinking about telling everyone NOT to put Easter Chocolate in the Easter gifts for the kids. Our mouths dropped…as we deflated into our seats as it felt like they just killed the Chocolate Easter Bunny. My wife says she remembers Easter chocolate being a huge part of Easter when she was a child. Her parents would hide Easter eggs all around the house […]

Saving almost 50% of his Gross Income is no longer a dream

gross income(1)

YES THAT’S BEFORE TAXES   In my February 2015 net worth update post I mentioned I was saving approximately 50% of my gross income – my goal for 2015 is 45%. The reason I set this goal is my expenses in life right now are likely the lowest they will ever be for the rest of my life (not married, no kids, modest house), so it’s important to focus on savings while the going is good. I suspect that my salary will increase at a modest rate for the next few decades; however, my expenses will increase at a higher rate. The key thing about my savings rate is a lot of it is a result of preemptive planning. Below I’ll tackle each piece of my expenses and discuss tips and ideas on how you can trim these down in your own budget.   Government deductions   The government seems to always have his hand in our pocket. This expense is without question my largest, which requires some careful planning to ensure I’m not needlessly paying too much. The main focus of any budget conscious taxpayer should be to legally minimize taxes in a cost-effective manner. As a chartered accountant […]

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Family Dinner Ideas That Won’t Chop Your Budget: The Grocery Game Challenge #4 Mar 23-29, 2015

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HELP IN THE KITCHEN WITH MEALS   I don’t know about you but having to cook every single night apart from the odd times we go to a restaurant can be tough when you need to come up with dinner ideas on a limited budget. Add in a kid or two to the mix and you’ve got to think fast if you don’t already have your meal plan ready for the evening. We like to create meals that are fast which means 30-minute meals are a plus in our kitchen. Meal prep goes a long way so sometimes less is better when it comes to week-night dinners and the amount of ingredients you use. Save those hearty, complicated dinner ideas that take hours to cook for the weekend or for days you’re not working. This way you have more time to dedicate to the meal rather than having to rush. One of the greatest successes of being organized is that if you are in charge of the kitchen and grocery shopping you know that meal planning and lists are VERY important. I often get fans asking me and visiting the blog looking for meals that aren’t too heavy on the […]

Man uses hourly wage to spend less and save $5000

hourly pay purchases

SAVE $ THE WAY THAT WORKS FOR YOU   Should you use your hourly wage as the deal breaker for potential purchases? Every so often I meet people who have something to say about finance and it just so happens that I find these people like magnets. First thing to remember is that what you earn is not what you net. In other words if you make minimum wage you aren’t taking home $11/hr after various taxes. Same goes to those who earn a salary, you’re in the same boat. This is common knowledge though right? If so why are so many people in debt? Whatever you net is the money you get to play with in your budget. It’s amazing how many people forget about using the concept “Spend less than you earn” even though it’s fairly straight-forward.   Mr.CD meets Mr.CBB   While we were doing some shopping in Burlington last week I was feathering through the CD’s which were on sale for 50% off. It was an amazing deal for new release CD’s and other CD’s that I normally wouldn’t pay full-price for. It was pretty busy so space was limited and we were all elbow to […]

Mars Bar Rice Krispies Easter Treats

MARS Bar Rice Krispies Treat Easter Baskets WITH BUNNY

THE KIDS WILL LOVE THIS   You will be wondering where this Mars Bar Rice Krispies Easter Treat has been all your life once you make it. If you are a HUGE fan of Mars Bars like my entire family is than this easy Easter treat recipe will be a hit. Growing up my husband and I can distinctively remember our moms making this recipe for us every Easter. Not only were Easter Bunny Shortbread cookies and Easter Chick Tarts a hit but these chocolate bundles of heaven made us kids smile. Now that we have our own kids I keep the tradition going making these classic treats that bring back childhood memories for us along with an Easter Egg Hunt. Mars isn’t just all about chocolate either. Did you know… Mars Canada is leading the way for confectionery as well as Food and Pet Food and was founded in 1940 with our Canadian Headquarters located in Bolton, Ontario, Canada. In 2005 revenue for Mars Canada hit 18 Billion Dollars and they employed 39,000 employees. The Mars portfolio has five of the world’s leading confectionery brands, including the Mars Bar, Snickers Bar, Skittles and Twix Cookie Bars, and the world’s […]

Will Pick-and-Pay Cable Save You Cash? : The Saturday Weekend Review #113

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WHAT’S IN YOUR BUNDLE?   It was about 2 weeks ago that the call was made to Rogers to review our cable bill because it had gone up in price. I’m never shocked when this happens. Yesterday morning it was exciting for people who still order (us included) cable TV as we found out the CRTC mandated cable and satellite distributors to offer a basic package for the customers beginning in March 2016. This basic cable package can cost no more than $25 which is great if basic cable is all you need. Back in the late 70’s and early 80’s my wife remembers her parents only having a basic cable channels 2-13. She isn’t sure if they even paid for that as she believes it was free. The reason we negotiated a new cable package with Rogers recently was because we don’t watch half the channels and the price hike. What bothered us was not being able to find a cable bundle that appealed to us but in the end we found something “good enough”. My wife and I had a conversation wondering why they don’t let us pick the channels that we want to watch in our bundle. […]