Unless you’ve been on vacation somewhere warm (I’m jealous) you have likely been hiding in from the cold. I don’t mind the snow and the seasonal changes but when that wind chill is factored in it gets bloody cold. These are the days I start dreaming about being able to put on my shorts and t-shirt although I’m getting used to what is now my home, Canada. I was reading an article about the coldest jobs in Canada and wondered how people get used to these frigid temperatures especially those in Yellowknife where temperatures near arctic levels. I have to commend those that work in these cold temperatures such as carpenters, road side assistants, fire fighters, ambulance, police and so on. It got me thinking about all the people who do have to work outdoors and what they have to endure on a daily basis. How lucky are we that get to stay indoors where the temperature is toasty warm and for some they can slip off their shoes and put on cozy slippers whilst sipping a latte. Very lucky so next time we catch ourselves complaining about our job remember all the people who have it worse off than us. What’s the coldest job you’ve ever had?
Speaking of coming in from the cold and into the warmth for now is Rob Ford who received the green light today winning his appeal back into office as Mayor of Toronto after his donation scandal appeal. Should he get the boot for improperly participating in a debate about how he raised money donations for his football foundation using his influence as councillor on city hall letterhead? Funny how they say that when money is involved some people will do just about anything or say just about anything to get what they have to get. Should we forgive and accept his error in judgement and move on or lay down the law because he knew what he was doing was wrong? Sometimes the decisions we make in life even if we think they are a simple error might come back to haunt us. Be careful what you wish for and always ask yourself if it is the ethical thing to do because you might just find yourself standing out in the cold.
The Sandwich Generation, what the heck is that? No it’s not the kids who hang out at Burger King, McDonald’s, Wendy’s or Harvey’s on a Friday night, it’s far from it. If you’re taking care of your own back, caring for your children and having to care for your parents you are part of the sandwich generation. This is what I learned and to be honest we should listen up. We don’t have any kids yet but we really didn’t give much thought to our parents and who will care for them or if they need any care at all. Heck my parents are half way across the world. Is that our job as children to help our parents when they get older? In my heart of hearts I’m going to say yes for me. My parents did everything for me growing up and if I have to carry them to the finish line, you can bet I’ll be there with open arms.
How do I prepare for this potential squeeze and how would it affect our own retirement goals? Many people are asking themselves these questions because they are helping family when they can. A poll from RBC states that 26% of Canadians will rely on an employer pension in retirement yet 1 in 5 have a defined benefit plan. Best of it is, almost 3 quarters of the people they polled don’t have either. Times are going to be rough going if we don’t take control of our finances and make a plan. Budgeting is only one part of personal finance the rest is planning. We plan to budget and plan to plan for the future because we don’t want to wait around for it to finalize plans for us. What’s your plan?
TOP BLOG POSTS WEEKLY READING LIST
Thanks for your continued support of Canadian Budget Binder and now I’ll share you with my fans.
- Finance Fox– Congrats to my mate Eddie on his NEW Blog Design! >>Check it out
- Frugal Rules- Taking The Plunge: Budgeting and The Entrepenuer
- IHeartBudgets-How I Saved $300,000
- Eyes on The Dollar–How To Retire In Ten Years Regardless Of Your Age
- The Family Finances- The Benefits Of Charitable Investing
- Reach Financial Independence- 13 Money Resolutions for 2013- Give Back!
- Living Debt Free Rocks– What Is Your Debt Holding You Back From Doing?
- The Brighter Life- New Country, No Credit? Tips for New Canadians
- Modest Money– The Fastest Way To Get Started Flipping Houses
- Money Bulldog– A Crazy Way To Make Money on Ebay
- Savings Advice– Is Brand Loyalty Costing You Money?
- Taking Charge Credit Cards- Withdraw $1 from and ATM (and pay a $4.00 fee)
- My Own Advisor- Three Golden Rules To Rid Yourself Of Debt
- Broke Ass Mommy-Time To Establish Financial and Savings Goals for 2013
- The Frugal Girl–How Much Stuff Should You Own?
- Vix Money- Get Your Free Credit Report from TransUnion
- Master The Art Of Saving– Why Didn’t I Get A Pre-Paid Cell Phone Sooner?
- Club Thrifty- 6 Tips for Making Home Ownership Attainable
- Budget Blonde- The Truth About Side Hustling
- Rather Be Shopping– Five Things You Can Buy For A Dollar But Probably Don’t
- Fearless Men– What Women Want From Men~7 Thoughts From Women
- We Only Do This Once- A Quick Guide To Using The Cash Envelope System
- Plunged In Debt– The Value of A Dollar Through Life’s Stages
- One Smart Dollar- The Psychological Effects Of Being In Debt
- The Savvy Scot- Three Bad Habits That Blow Your Budget
- My PF Journey- Reader Profile: Pauline from Reach Financial Independence
- The Outlier Model- Why Not To Have Children Ever
- Edward Antrobus- Do You Have What It Takes To Be A Paper Boy?
- My Money Design- What is Financial Freedom?
- Femme Frugality- What Would You Do With All The Money In The World?
- Debt Round Up- Are You In Debt? Stop The Expensive Vacations
- Financial Highway-How To Tighten Your Budget And Still Have Fun
- Budget and The Beach– Dream Technology
Recipes of the Week
- Brazilian Pork and Black Bean Stew (Feijoada)– My Mom Thoughts
- Spicy Green Beans– The Outlier Model
- Monkey Bread- Work Save Live
- Easy Recipe for Danish Aebleskivers– Nurse Frugal
- Chicken Potato and Cabbage Gratin– Aunt B on A Budget
- How To Eat Caviar– Freedom Thirty Five Blog
Tweet Tweet… Goes my Twitter Followers!
There have been so many awesome people who have tweeted my posts on Twitter this week. Since there are so many it’s easier to say thanks to all of you at once, so thanks!
Are you New to Canadian Budget Binder?
If you are new to Canadian Budget Binder >>>Start here!
- Why Has My House Not Sold? (canadianbudgetbinder.com)
- Mr.CBB’s Personal Finance Weekly Reading List #3 RRSP’s, NHL (canadianbudgetbinder.com)
- Canadian Budget Binder-Personal Finance Weekly Reading List #1 (canadianbudgetbinder.com)
- Mr.CBB’s Weekly Blog Post Picks Dec 14,2012- Tek Who? (canadianbudgetbinder.com)
- Too Many Bills Not Enough Money Each Month-$100 CASH GIVEAWAY (canadianbudgetbinder.com)
- Finances In The New Year + New Budget = Success Formula (canadianbudgetbinder.com)
Photo Credit: Sandwich