grocery game monthly challenge

How To Buy Groceries When You Live With A Roommate : The Grocery Game Challenge 2016 #5 Aug 29-Sept 4

how to buy groceries with a roommate

  LEARN HOW TO HANDLE ROOMMATE FOOD EXPENSES THE SMART WAY-BEFORE YOU SIGN ON THE DOTTED LINE.   The last thing you want to find out after you move in with your roommate(s) whether it be for school or not you WILL want to know what you are signing up for apart from splitting the costs of rent and utility bills. I’m sure you remember the television show, “The Big Bang Theory” and the roommate agreement that Sheldon Cooper (Jim Parsons) dished out after Leonard Hofstadter (Johnny Galecki) decided to become roommates with him. It may have been outrageous and we laughed but don’t think this can’t happen to you. It can. Over-night guests notification clause (The Irish Pub Formulation) – There has to be a 24-hour notice if a non-related female is staying over night Section 37B, Miscellaneous Duties (The Friendship Contraction): Leonard is obligated to drive Sheldon to his various appointments, such as the dentist. He must also provide a “confirmation sniff” for questionable dairy products. A requirement of the agreement is to have quarterly Roommate Agreement meetings (The Viewing Party Combustion). At the meetings, the Pledge of Allegiance is performed. Issues raised at the meetings include which kind […]

The Ultimate Back To School Savings Guide : The Saturday Weekend Review #187

BACK TO SCHOOL SAVINGS GUIDE

GET YOUR BACK TO SCHOOL BUDGET READY BECAUSE STORE SHELVES ARE STOCKED AND WAITING FOR YOU!   The back to school promotion campaign for your hard-earned money is on as just about every store in Canada is ready for their biggest sales event during the month of August. I’ve been in and out of the education system over the years and with this experience I’ve come up with some frugal ways to keep back to school expenses low. Just a fair warning but a beverage is essential when reading this post because it’s longer than normal. For those of you who want to stick to a limited school budget it’s worth the read especially for those heading back to class or have kiddos they need to get ready for back to school. Back to School Tip #1 Don’t get a credit card! You don’t need one especially if you’ve worked your butt off all summer and saved your money. All a credit card will do is create debt for you which you don’t need especially if you have student loans to pay back. Stick to personal financial safety and walk away from the credit card. By now you should already […]

Investing Returns Pave The Way To Financial Independence

INVESTING RETURNS 2

  KNOW WHAT YOU WANT NOW SO YOU CAN PLAN FOR THE FUTURE   Reaching financial independence, the point where your investments cover your lifestyle and then some, is the ultimate goal if you want to retire comfortably. And in a perfect world, you would like that to happen sooner rather than later. I have good news for you today: it is absolutely feasible if you put in the right amount of effort and dedication. Yes, even on a small budget. Take a look at the CBB household for instance. They’re worth over $800,000 and on track to pass the million dollar mark by this time next year. And as a faithful reader, you know Mr.CBB is just your regular guy, who started a bit above minimum wage 8 years ago. He has worked two jobs for years and carefully budgeting every cent to make sure his family is safe financially. Related: 5 Simple Rules We live By To Stay Debt Free There you have two of the three steps to financial independence: earning as much as you can, and spending as little as you can. The third part is where you can actually accelerate the process quite a bit: […]

grocery game monthly challenge

5 Critical Pointers To Slash Your Costly Eating Habits: The Grocery Game Challenge 2016 #4 Aug 22-28

5 pointers to slash your costly eating habits cover

GROCERY SHOPPING WITHOUT A BUDGET IS A RECIPE FOR DISASTER   No matter what your eating habits are like it’s imperative to grocery shop with a food budget and balanced meal plan in mind. If you want to develop smart grocery shopping habits start by practicing what the food shopping experts are doing to save money. It appears that after every holiday or before seasonal changes that consumers go wild to eat healthy food and begin healthy eating habits but at the cost of their grocery budget. Then there are consumers who don’t care about healthy and buy anything and everything that they can’t afford because the products are regular price, over-priced or simply not nutritional based for a balanced diet. Buying too much junk food is one of the leading factors of high-priced eating habits that must be contained before they get out of hand. Costly good eating habits Healthy nutrition doesn’t mean you have to spend beyond your means just to eat well. Good eating habits begin with food basics such as those outlined in the Canada Food Guide. The problem is when people have a tight-budget and over-spend on pricey steaks, seafood or shopping in bulk at […]

How to Pay Cash For What You Need The Right Way : The Saturday Weekend Review #186

If the ice-cream cone in the above picture caught your attention make that a reminder just how easy we are swayed by things that tempt us.

JUST BECAUSE YOU HAVE THE CASH TO BUY SOMETHING DOESN’T MEAN YOU SHOULD.   Believe me when I say there is a right way and a wrong way to pay cash for something. Choose the wrong way too often and you’ll soon know why you should have chosen the other option that many people forget, savings. If the ice-cream cone in the above picture caught your attention make that a reminder just how easy we are swayed by things that tempt us. Wouldn’t it be nice if that was you enjoying that ice-cream cone? You deserve it, but can you afford it? Related: I can buy it but can I afford it? Not everyone can get credit but if given the opportunity it’s just as easy to burn a hole through plastic as it is to empty your bank account of cash. Just because you pay cash for purchases doesn’t make you a super-saving, shopping super-hero. What you are is someone who knows the difference between cash and credit but even then that won’t stop someone from spending more than they earn if they don’t care about their financial freedom. All of my life I’ve been surrounded by people who […]

5 Simple Money Rules We Live By To Stay Debt Free

5 simple money rules we live by to stay debt free cover

Working Hard To Pay Off Debt May Be Challenging But Staying Debt Free Is Smart Money Management.   If you start by reading this post believing that you will never become debt free not only will succeed but you’ll also carry the burden of debt with you wherever you go. Creating Money Rules are not just for people who are debt free but they are for everyone. It’s important to stop being so negative and start believing that you can pay off debt, save money and become financially free. How else do you think people slay the debt dragon? That’s right they do it by themselves. An email from a reader prompted Mrs. CBB and I to reflect on our life of debt freedom that we achieved just over 2 years ago when we burned our mortgage papers in the back garden. It was a party of two adults carrying on like kids while grilling steak, drinking beer and listening to music. Our lives were about to change but there were no maids, drivers, mansions, private jets, gold credit cards and unlimited sources of income on the agenda. What we were left with was a clean money slate waiting for […]

grocery game monthly challenge

10 Food Staples To Buy When You’re Broke : The Grocery Game Challenge 2016 #3 Aug 15-21

10 FOOD STAPLES TO BUY WHEN YOU'RE BROKE cover

BUILD YOUR PANTRY LIKE YOU WOULD YOUR WARDROBE   Instead of saying, “I am broke” look at what you can do to change that and create an action plan. It may sound like boring financial advice but I can tell you that if you have no interest in making changes you will always have a negative mindset. Guess what? No one cares. That’s right although people may feel sorry for you and some people will help you out they are likely fighting their own battles, have fought them or just don’t want to deal with someone else’s problems. Where does that leave you? At the mercy of yourself because you CAN make changes if you want to. You CAN get out of debt if you want to. You CAN live the life you dream of BUT not if you’re going to sit there and complain about why it isn’t happening, why it won’t happen, why it can’t happen and you continue to make excuses for yourself. Forget about everyone else and focus on YOU!   The Broke Pantry   Most people I run into want to know either how to start saving money or how to survive when they are […]

Creamy Bacon Tomato Salad (Low-Carb)

BTM cover 1 creamy bacon tomato salad

ORGANIC PRODUCE HAS SOME OF THE BEST FLAVOURS IN THE WORLD   I wasn’t sure if I should call this recipe Tomato Bacon Salad or Bacon Tomato Salad so I went with both only because there’s lots of cherry tomatoes and tonnes of bacon! There’s no pasta or bread in this creamy Bacon Tomato Salad that I’ve created from organic vegetables and herbs from the garden. All you need is a fork, an appetite for freshness and a love for tomatoes and bacon. My wife who enjoys a low-carb/Paleo diet said she was in the mood for a bacon tomato sandwich loaded with mayonnaise on oopsie bread or savoury low-carb waffles. The Oopsie bread and waffles are alternatives to adding extra carbs from eating traditional breads but we didn’t have any made. I’m not a fan of the oopsie bread but when you stop eating bread anything that looks and tastes like bread is a sure winner. Related: Grocery Shopping for a Paleo Diet With the humidity and heat in Ontario reaching unbearable highs turning on the oven was the last thing we wanted to do. We were fortunate enough to get a huge bowl of organic cherry tomatoes from […]

16 Action Steps We Use To Get Ahead Financially : The Saturday Weekend Review #185

16 ACTION STEPS WE USE TO GET AHEAD FINANCIALLY cover 2

YOU WILL NEVER FIND A MANUAL FOR SUCCESS THAT IS WRITTEN FOR YOU- YOU ARE THE ONLY AUTHOR OF YOUR LIFE.   Everything stops for a cuppa tea in our household because it’s during those minutes that we are able to relax, regroup and think about our next action steps. In essence we take a few moments to relax from the stress of our day to see where we are on our path. We’re a family of 3 and debt free including our mortgage and it certainly wasn’t an easy road to get to this point of freedom. One of the most important mindsets that we adopted early in our marriage was that we would partially sacrifice today for our future riches. That meant that we didn’t go out partying nor did we buy things we didn’t need. We were all about frugal living and still are but the emotions we felt when we burned our mortgage papers made us realize that it was all worth it. The smiles and gut-busting screams of relief made it all feel real to us. No more debt, no one can take our life away from us now, we own it. Except for death […]

Financing Your Kid’s Future With The Canada Child Benefit

financing your kids future with the canada child benefit

Here’s Hoping The New Canada Child Benefit Will Be A Boost For RESP’s   Paying for your kid’s post-secondary education is going to be expensive.  Like.  Really, really expensive. I have a 6-year-old so I think about this a lot. Tuition and books will run you about $7,000 today. But when you add some more on to account for the requisite buses and beers, that number jumps to at least $10,000 – and that’s if they live at home with you. Tack on a modest 3% inflation rate to that, to project 15 years out, and you’re looking at $16,000 a year, for probably four years.  That’s a total of $64,000. Breathe. Just breathe. The $64,000 question:  Is the Canada Child Benefit part of the answer? This is, quite literally, the $64,000 question. And it is better to ask it – and ideally answer it – as soon as possible to give you as much time as possible to save. Perhaps the new Canada Child Benefit will help. The Canada Child Benefit, or CCB, is a new program aimed at helping families with the cost of raising children today and into the future. The cheques (or direct deposits) arrived in […]

grocery game monthly challenge

5 Ways To Spend Less Time Grocery Shopping And More Time Saving : The Grocery Game Challenge 2016 #2 Aug 8-14

spend less time grocery shopping and more time saving

YOUR TIME SAVINGS ARE JUST AS IMPORTANT AS YOUR GROCERY SAVINGS   It may sound silly to some of you to time your grocery shopping trip but this is something Mrs. CBB and I have done the past few weeks only to be shocked at the results. It was time for a grocery shopping experiment to test just how well we were utilizing our time in the grocery store. It’s so easy to get lost in the grocery store world especially when tuning out what’s happening in your life outside of the auto-sliding doors which is almost instantaneous when food is involved. No one wants to be stuck in a grocery store longer than they have to be but like surfing the web can be addicting so can grocery shopping. The time spent on your grocery shopping trip should start the moment you get into your car or step out the front door to complete what most people either love or hate as a task that keeps us nourished. It’s a food love or hate relationship that can be costly or for some strategic where savings and structured goals become more of a marked challenge than a need. This means […]