How To Ditch Your Pricey Mutual Funds

how to ditch pricey mutual funds

By: Mark Seed (If you’d like to contribute to CBB please contact me.)   GET PERSONAL WITH YOUR INVESTMENTS SO YOU KNOW EVERYTHING   Over the last few months, I’ve received a few emails from readers that go like this… I’ve been with my investment company for over 10 years now. I’d like to stay with them because I like them but I keep hearing that high fund fees are bad for your portfolio. Is that true?  Should I switch? If so to what? I like your blog a lot and I’m envious about how you managed to get out of your high-cost mutual funds into low-cost Exchange Traded Funds and some stock investing. Where do I start? What should I think about?  Readers, I sense your frustration.  I’ve been there so I know how you feel.  I feel my biggest investing mistake to date was investing in pricey mutual funds for far too long. Insanity: doing the same thing over and over and expecting different results – Albert Einstein. Today’s post will share my background in investing, why pricey mutual funds will hurt your portfolio and what you can do about it.   My background and mutual funds 101   […]

grocery game monthly challenge

7 Secrets Of The Grocery Shopping Deal Sniffer : The Grocery Game Challenge 2016 #4 Apr 25- May 1

7 secrets of the grocery shopping deal sniffer

BLINK AND YOU’LL MISS THE SAVINGS   I would consider myself a grocery shopping deal sniffer because I’ve taken the time to learn as much as I possibly can about grocery shopping in Canada even though I knew nothing only 8 years ago. What is a deal sniffer? When I moved to Canada I had no idea about any prices and was led by my wife who helped get me on board with how things happened at the grocery store. I was always a deal sniffer in the UK and I even had a hand scanner similar to the Nielsen Hand Scanner where I scanned my groceries for rewards points. I did just about anything to save money as long as it was legal even if that meant eating the same foods week after week. My kitchen isn’t that boring these days because now I’ve got my grocery shopping goggles on the second I walk through the door. A deal sniffer is someone who knows their stuff when it comes to grocery prices, the grocery store and other places that sell food products. They know where the deals are how to find them and what they need to do in […]

Baked Frittata with Mozzarella and Fennel Greens (Low-Carb)

baked frittata with mozzarella and fennel greens(1)

NUTRITIOUS EGGS ARE INEXPENSIVE AND GOOD ANY TIME OF DAY   Ever since my wife started making changes to her diet to incorporate the low-carb methodology we’ve been working on new recipes like this baked frittata with mozzarella and fennel greens also known as fennel fronds. If you have never tried fennel before you must dive in and spend the few dollars  to buy one. Fennel is crunchy like celery but has an anise flavour too it that is gorgeous to eat raw, in salads or you can roast, grill and saute it. For this baked frittata recipe I only used the fennel greens as opposed to just the fennel bulb since most people don’t know what to use the fronds for and toss them in the garbage. You can use the fennel fronds to infuse water to make a healthy tea, fennel infused oil, stuffed in fish or to make a lovely soup stock. The sky really is the limit if you love the flavour of fennel fronds when cooking and adding it to your favourite recipes. How to clean fennel When I use the fennel bulb I chop the tough stems like cabbage after I slice the fennel […]

How We Let House Prices Influence Our Real Estate Budget: The Saturday Weekend Review #169

HOUSE PRICES 2 INFLUENCED OUR REAL ESTATE BUDGET

REAL ESTATE DECISION-MAKING CAN BE SCARY FOR ANY BUDGET   House prices can make or break you financially so it’s important to know your finances inside-out and make a decision to purchase a home based on affordability and sanity. Everyone knows that house prices have not burst as expected rather they have exploded and keep going up which means first-time buyers and graduates are struggling to slip into the housing market. Living in the Greater Toronto Area (GTA) I’ve seen some of the most expensive real estate in Ontario. Back in the UK house prices were and still are astronomical in comparison to what you can buy in Canada. I was never one to complain about house prices in Canada until I started earning a pay cheque and life in Ontario kicked in. When you are a tourist from out-of-town where the money is practically double and house prices are high it’s easy to get excited about the prospects of owning a gorgeous home with space. Although I didn’t struggle to sell my house in the UK when I moved to Canada the current owner is struggling and has been for years to sell because no one can afford the […]

VarageSale App Is The Newest and Safer Way To Garage Sale

VarageSale Cover Canadian Budget Binder

SLEEP IN WITH VarageSale AND SMASH THE WEEKEND GARAGE SALE CLOCK ON THE HEAD BECAUSE YOU CAN SHOP FOR BARGAINS WITH THIS COOL APP!   It was late last year when the VarageSale App started popping up in my Facebook feed and I was intrigued to find out what it was all about.  I had heard a few people in my circle of friends chatting about this new App which you can use on your Smart Phone. VarageSale is FREE to use at www.varagesale.com, and the mobile app is available on IOS, Android and Kindle devices. Since I don’t own a cell phone I had my wife download the VarageSale App from Apple iTunes to her iPhone so we could check it out. My wife and I and are huge savers when it comes to buying second-hand treasures or even brand new with tag items that people sell. One of the best places for us to find these super saving deals are during the summer months at garage sales. Sadly in Ontario not many people hold a garage sale during the winter unless it’s an indoor garage sale so there are about 6-7 months each year that we were left […]

grocery game monthly challenge

Strange Things People Do At The Grocery Store To Save Money: The Grocery Game Challenge 2016 #3 Apr 17-24

strange things people do at the grocery store to save money(1)

SAVING MONEY CAN BECOME A CHALLENGE HIGH   I’ve blogged about grocery shopping for 5 years now and have learned so much about how Canadians grocery shop. I’ve learned the good and the ugly about how far people will go to save money on one of the biggest budget expenses apart from mortgage/rent and vehicle payments- food. While at the supermarket I’m on full radar and see so many strange things people do to save money that it amazes me how they can be so easy-going about it. When cracks in the savings system are found some consumers cash in because they want more than a little, they want it all even if it’s a bit underhanded. Financial times are tough in many households as grocery prices and living expenses are steadily increasing where the tightest grocery budget will feel the strain. You may think that only people who are struggling to buy food will conquer the grocery store using crooked ways just to save a few bucks but this is far from true. Even the richest of people are frugal and will do just about anything to keep money flowing through their bank account even if it is cheating […]

Homemade Potato Waffles

POTATO WAFFLES

USE YOUR LEFTOVERS TO CREATE A NEW RECIPE: NO FOOD WASTE   So, Monday rolls around and we had a refrigerator with Sunday dinner leftovers of roast-beef, potatoes, carrots and peas swathed in an onion gravy. What’s left from our meal is the roast beef, gravy and some boiled potatoes. Usually I would make Stovies (a Scottish dish where you place meat potatoes and fried onions in a pan brown slightly with some lard then add the gravy) but nobody fancied that this evening. Instead I decided to make potato waffles which I served piping hot with the rest of the leftover roast-beef and some baked beans. Every once in a while I like surprising my family with a new recipe creation and this my friends is one recipe that I must share with all of you. This was a new recipe idea for me so it took some trial and error but in the end they turned out just right. Since the potatoes were leftover boiled potatoes and not mashed I did question why I didn’t take the time to mash the leftover potatoes beforehand while they were still warm. That would have made the process of making these […]

5 Garage Sale Staging Secrets To Help Sell Your Stuff Fast : The Saturday Weekend Review #168

Garage Sale Staging Secrets

PURGING STUFF FROM YOUR HOME IS ONLY PART OF THE PROCESS   Garage sale staging may not be a secret to seasoned sellers with years of experience under their belts but for the newbies these tips will help you rid of unwanted household weight fast. Many garage sale success tips that you will find online will explain to you how to use garage sale signs, how to price garage sale items, what you can and cannot sell but the one critical point that is missing is how to set up the garage sale so it’s an ideal selling ground. Heck, I’ve covered just about every one  of those topics over the years on the blog. Some of the best garage sale finds come from garage sales where the homeowner has taken the time to organize what they are selling by means of garage sale staging. This might sound odd to you but think about this for a second…when you sell your house or your car you want to make sure it is in pristine condition and is ready to sell. The same ideals can be applied to a garage sale. The S-Factor  One of the easiest parts of garage sale […]

What Should Your Retirement Savings Plan Look Like? : March Net Worth Update 2016 (+2.27%)

Net Worth Update March 2016 CBB

WE WON’T KNOW THE FUTURE UNTIL WE GET THERE BUT WE CAN PLAN TODAY FOR TOMORROW, EVEN IF IT’S NOT GUARANTEED.   Our financial advisor told us once that our retirement savings plan was looking good for our ages even though we knew we had a long way to go before we’d feel any thrill of what is yet to come. It’s hard to get excited about financial freedom when you don’t really know what you will need. Most of my colleagues don’t often talk about retirement likely because we want to work and use our expertise as this is what we wanted to do with our lives. I remember when I was working in dead-end jobs or jobs I hated retirement sounded good every morning, before and after coffee. Retirement may not be a hot topic at work but I’m sure behind the scenes money is being saved for when the time comes to say hello to a new way of life.  I’m only a newbie on the block so I suspect some of the long-standing employees are making in excess of 6 figures a year and have a decent retirement savings plan. Even though a large income may […]

grocery game monthly challenge

How Customer Feedback Will Make You Richer : The Grocery Game Challenge 2016 #2 Apr 11-17

CUSTOMER FEEDBACK(1)

THERE’S ONE FEEDBACK TOOL THAT YOU NEVER WANT TO MISS OUT ON USING- YOUR VOICE   As a consumer whether you are happy or unsatisfied where you shop they most likely have a customer feedback opportunity in which you can share your opinion in order to praise or help improve the shopping experience. The last thing you want to do after finishing your grocery shopping is to fill out a customer feedback report for the grocery store even if there are perks involved. I’m here to tell you that if you do participate in customer feedback that the results will come back to you in the form of riches. A couple of years back my wife took the time to fill out an online customer survey for Giant Tiger after a positive experience. The survey also offered a monthly prize although my wife was more interested in sharing how impressed she was with the service she was given by the lovely cashier who was absolutely pleasant. The odds of winning a prize based out of all the Giant Tiger stores was slim. We received a phone call one late afternoon to be told that it was Giant Tiger and that […]

Italian Roasted Red Pepper, Ham & Brie Sandwich

Italian roasted red pepper, ham and brie sandwich

EASY LUNCH RECIPE: ROASTED RED PEPPER SANDWICH STUFFED WITH BRIE, HAM AND A PESTO MAYONNAISE   Forget about the boring ham and cheese or the peanut butter and jam sandwich you threw together just to get something in your gob. Feast your eyes on this gorgeous roasted red pepper sandwich. I know… doesn’t it look delicious? It was! I’m a huge sandwich lover so when my wife suggested we make a roasted red pepper sandwich stuffed with triple brie, ham and a pesto mayo I was up for her sandwich spread idea. My wife is one of those people who comes up with odd mixes of food but I always taste everything. The last sandwich I tested that she told me was amazing turned out to be peanut butter and banana with honey which I wasn’t a huge fan of. I like peanut butter but only inside cookies or other baked treats. I didn’t grow up on the stuff like she did although our son seems to love eating peanut butter by the spoonful. Luncheon meats and cheeses on the other hand, I ate plenty of so I knew I was safe with this roasted red pepper stuffed sandwich recipe […]

Spring Cleaning Parents Team Up Early To Save Avoidable Home Repairs : The Saturday Weekend Review #167

The Saturday Weekend Review(1)

DON’T PUT OFF WHAT YOU CAN DO TODAY FOR TOMORROW   Spring cleaning is a must for our family and something the wife and I have done every year since we bought our house back in 2009. Cleaning the house inside and out after a harsh winter is not appealing but many of us have had all winter to wind up the motor for these Spring cleaning chores. In 2009 we were dual-income homeowners without a child and we pretty much had all the spare time in the world to keep our home pristine looking. Most times people would compliment us on how tidy and clean our house was and thought it looked magazine ready. Although we chuckled when those compliments came in these days we’d LOVE if just one person would compliment our toy-ridden house that has been taken over by a 19 month old “Wreck it Ralph”. He contributes to 99% of the disaster around this house and thinks it’s hilarious. We do too in a parenting kind of way, lol. As a husband and father who works 6 days a week at 2 jobs and blogs I have a pretty tight schedule to fill these days. What […]