The What If’s in Life with Life Insurance- Staring out the Canadian Glass Window

What if I lose my job, What if I get injured, What if I die,What if this What if that.. blimey, are you tearing your hair out? Are you thinking about life insurance yet? Sometimes preparing for the future seems like it’s silly but perhaps it’s just a way to put off the inevitable. Some people I know didn’t think they needed life insurance or thought it was only something senior folks think about. Scenario:  Older Couple who never purchased Life Insurance Little Savings Age 50’s with children/grandchildren Mortgage until they are in their 70’s Little Investments Health Status- bad Heart Condition, Diabetes Source: EverydayHealth.com What we do know for sure is: We WILL all DIE! Face it mates, it’s going to happen whether you like it or not. ** Note: if you are reading this and have some sort of secret potion to prolong this send me a quick email so we can meet up** If you plan to remain single and childless for the rest of your life and have money put aside for your funeral costs then you can sweep the insurance idea under the mat. Do you really need to pay for Life Insurance when there […]

How We Designed our Budget Step 5- 5S Organization

Welcome to Step 5 in Designing our Budget. Now this step might sound a bit stringent but really take it for what it’s worth, think outside the box. It’s merely a way to keep you on your toes, not a means to turn your home into a production line. So far together we have all learned: How much money you Gross and Net We gathered all the important documentation-pay stubs, banking info etc. We know what bills to pay every month and when- credit cards, mortgage, rent, etc We categorized the budget and assigned an amount to each “need” we have to pay for monthly. We learned the importance of  Note Taking and Documentation In Part 5 of the Budgeting Series you will learn about Organization and why it is crucial to the success of your budget. What does Organization mean to us? We firmly believe in “A place for everything and everything in its place.” In Japan they call this 5S in all aspects of the workplace. In adopting this mindset we have been able to achieve greater goals, save time, effort and money. Although 5s finds its home in manufacturing and is successfully implemented all over the world […]

grocery game monthly challenge

The Grocery Game Challenge March 5-March 11/Week 2

This is our weekly grocery shop for March 5- March 11. What was your weekly shop like? Post it in the comment section of this post and you could win a monthly prize of $50 in various Canadian coupons~ see rules and regulations here. We had this weeks shop planned and knew we would spend more than the $64 a week we have budgeted for on groceries. With the Shoppers Drug Mart Spend $75 get 18,500 Optimum Points we were already over budget. A fan asked what we do when we overspend at the grocery store in our weekly budget. This week was a good example and below was my answer to her. So far we have spent a total of $114.91 which is $50.91 over budget this week and we are still not done shopping. When we spend over budget one week this means we have less to spend in the following weeks. In this case we have $75.09 left to spend for the month $190.00-$114.91. We don’t want to spend more than the $190.00 a month. We will see what happens. We hit up a few stores for our shopping this week Shoppers Drug Mart, Food Basics and […]

Cranberry Orange Bread in a Bundt Pan- Cost $5

While searching Facebook I came across this recipe on the Quaker Canada Facebook page and wanted to give it a go. We have this huge bag of Whole Wheat Flour in the basement that needed to get used up. I made a couple of adjustments to the recipe as we baked it in a bundt pan instead of the loaf pan. I also tossed in a half cup of chocolate chips (cause I’m sneaky that way) but that is optional. The bread we made in the bundt pan baked for 40 mins at 350 degrees. In the end the bread is simply amazing, get ready for your home to smell of oranges in every room. It sends a warm feeling down your spine when the aroma engulfs you. I estimated this bread cost us around $5.00 to make and will serve 12 people. Thanks Quaker Canada for an easy, yummy recipe! Changes to the original recipe I made as we baked it in the bundt pan. Everything else in the recipe we followed exactly. I adjusted All Purpose Flour to I cup I added 1/2 cup chocolate chips I adjusted the milk to  1 1/4 cup of milk I adjusted the […]

Tips to Curb Emotional Spending and Not Break the Budget

Have you ever found yourself bored and decided to go shopping? Did you have a rough day at work or a spat with someone and find yourself at the mall? Mall shopping ropes you into spending and your brain turns to mush. These may be  situations where you shop with your emotions rather than shopping for what you need.  We don’t go into the mall often but when we do we are overwhelmed with the various shops,signs,sales and smell of food, all of which are so enticing. So we are walking through the mall then all of a sudden…….Mmmm People go mad for this stuff? ~  Has this been you? The  strong aroma of popcorn at Kernels Popcorn forces you to do a 360 , nose in the air  and nothing else matters.  You get to the counter looking for samples, you ask for various flavours. They agree and the  first  double caramel corn melts in your mouth and then immediately money melts from your pocket. “Thanks and come again”, she says as you walk away with your LARGE bag of golden popped nuggets. I bet you’re laughing because you know you have done this or thought about it but convinced yourself NO! Tip: […]

grocery game monthly challenge

The Grocery Game Challenge March 2012 Week 1

I realized last night after a reader emailed me that March is beginning in the middle of a week. Since we did not do a shop this week I wasn’t going to post the challenge. We only shop 3 weeks a month and leave one week shop free. Since some months can get confusing with them beginning in the middle of a week I thought I should post something. Even though we are not shopping you might be shopping and it’s important to recognize that. So this post is to say, we did not shop Monday  Feb 27-  Sunday Mar 4 but if you do then please post your shop in the comment section below. Once approved I will award you a ballot number for March. The most important parts of this challenge is for you to… stay with-in your budget, show other how well you shopped and used coupons how you did not give in to temptation-tell us.. did you put that big bag of chips back because you didn’t need them? How much did you spend during your shop Were you happy with the outcome Could you improve your shop Congratulations again  to Shelley C our February Grocery […]