Change Your Financial Behaviour From Zoom To Panoramic View : The Saturday Weekend Review #163




Changing your financial behaviour to take on a frugal perspective is the first motivational step to help you to achieve your money goals and become rich with freedom from debt.

If your financial behaviour consists of creating debt and losing sleep over how you will pay for it then you need a wake-up call and you need it now. Do yourself a favour and wash your face with cold water and look at yourself in the mirror and say, “Today is going to be the day I change the way I view money” and don’t look back.

Just as a photographer may pan out to showcase an entire landscape it’s important to view your finances from this perspective. Simply zooming in on one aspect of your debt hoping things will change for the better is not the only solution. Look at your financial house from all angles to successfully carry out a debt reduction plan and build the wealth you dream of.

Too many people these days think that money grows on trees with low interest rates enticing us to shop. With the availability of credit it’s easy to get into a vicious debt cycle where you believe that you’ll have the money to pay it all back, tomorrow.

The gloomy part is thinking this way is like blowing smoke in the wind, it vanishes just like money. It also means you are fooling yourself if you believe you can continue living a life spending money like you’re bank account is bulging at the seams.

Canadian debt to income ratio is NOT going down, in fact it has recently gone up which means that the time is now to change your financial behaviour while you still can. Interest rates are not going to stay low forever so if you’ve got debt to pay off, do it now.

The ratio of household credit market debt to income rose in the fourth quarter to 165.4 percent, meaning that households held C$1.65 (US$1.25) in debt for every dollar of disposable income.-Yahoo

  • If you want to get rich, change your financial behaviour.
  • If you want to get out of debt, change your financial behaviour.

It’s all about Perspective as The Escape Artist points out when he takes you Back To The Future to help you gain a better understanding how to get rich with perspective.

Perspective reveals that for most of us, life today is staggeringly wealthy and ridiculously easy, stuffed more full of abundance than our ancestors could have imagined.- The Escape Artist.

If you perceive money as the most important part of daily living and think that you’ve got it rough take some time to learn about some of our oldest ancestors. Hundreds of years ago you would never exist through the harsh conditions that were put upon humans as they tried to survive daily living.

They lived to survive but with one difference, they didn’t have the luxury we have today. They didn’t have credit and they didn’t go shopping at the mall, just because. None of that existed which means that today the only reason we continue to fight debt is because we let it exist in our world. I’m not talking about rising prices just to pay the bills, I’m talking about creating debt where you don’t need to.


Financial behaviour takes practice


Before my wife and I got married we both had a frugal perspective about life that continued to flourish the more we invested in educating ourselves about finance. I mean, this blog certainly helped because we’ve networked with hundreds of finance blogging experts across the land who have shared their money tips, and we listened.

Not everything you read will work for you but take what you can from what you learn and see how you can apply it to your own life. It takes a certain mindset to take on a financial journey without creating too many bumps along the way. Using a budget was our vehicle and we put our hands on the wheel and never looked back. Thankfully so as debt freedom feels good.

Our financial behaviour meant that we would go on to work together so we could ultimately be debt free before the age of 40 and it worked. Not every couple can successfully pull this off because their perspective on how money should rule their life is skewed towards spend now, pay later.

Related: How we paid our mortgage off in 5 years

Perspective, once embedded in your operating system and your habits, can last forever and inform all your future spending decisions.- The Escape Artist

Having a frugal perspective means that when you do get out of debt you don’t just run to the nearest shopping center to splash money around. It means that you put more effort into your financial house besides determination to succeed. Without the savings mindset it leaves you open to falling back into the debt trap like mice who keep going back for cheese even though they watched their friend die from doing the same thing.

Together we have become the finance experts who don’t sweat the small stuff because we are too invested in other things in life that matter most like family and simplicity. Too often people tend to complicate their lives by entering into financial contracts they can’t fulfill or spending money just because they think they are entitled to do so. This is when life can get ugly because you shave years from your savings potential when you have to back-track to pay off your debt.

Get rid of debt and build wealth so you get to taste what freedom feels like for yourself rather than looking at someone elses. Money isn’t everything but it certainly can give you a sense of freedom when all you did was change your financial behaviour.

  • How has your financial behaviour affected your net worth?
  • Are you paying off debt with a frugal perspective?

If you can answer those questions, I’d love to hear about it. Leave me a comment below.



CBB Week At A Glance


This week was tissue, tissue and more tissue, lots of coughing and crying from our little guy who has been ill since last Friday. I’m even starting to come down with whatever he has too now but thankfully the doctor says it’s just a common cold.

We did manage to get him out of the house to enjoy the beautiful sunshine on Wednesday. The park had a few kids running around but that didn’t stop our little guy from going down the slide and playing in the dirt. It was nice to see him so happy outside. I don’t think we have a snow baby on our hands at all. He’s all about the Spring, Summer and Fall!

I started our tax returns this week and will hopefully be filing them this coming week. I may also have a surprise for all of you who still have to do your return so keep on reading! On my one day off this week I finally took down the Christmas decor outside and we started to purge our son’s clothes and put winter apparel away for the year.

P.S- Don’t forget to Spring ahead your clock 1 hour tonight so you’re not late for work. Enjoy the sunshine my friends.

How was your week?



Awesome posts published this week


Just in case you’ve missed any of my blog posts this week I will share them all below. If you are looking for past Saturday Weekend Review posts scroll down to the bottom of this post where I will list up to 5 previous weeks for you to read.

If you have a question that you would like to ask Mr.CBB fill out the Contact Mr.CBB form on the blog home page and I’ll do my best to reply to each one. If you want to share a story via a Fan Question please ensure that there is minimum 500 words and lots of details…we love details! I’m more than happy to chat via email to bring your story to life.

New: If your story submission gets chosen and published you will be entered into a yearly draw for a $25 Gift Card or $25 CDN via PayPal if you are from the USA.

Right now CBB is posting Tuesday (Grocery Game Challenge), Thursday (Personal Finance Post), Saturday (Personal Finance and Weekly Wrap-Up and a Frugal Recipe on Sunday!

Popular Post this week: A must-read > How much should my grocery budget be?


Budget Brags


Submit your Deal or Brag:

Saving money while grocery shopping is essential in the CBB family and that’s why we share our grocery shops every week in The Grocery Game Challenge .

Join the Budget Brag Challenge 2016 and WIN!!!

What I love the most is when my fans share their amazing shops with me whether it be groceries or other deals they find at a garage sale, online or freebies!  In 2016 if you send your Budget Brag you will automatically get entered into a yearly draw for a surprise gift card.

If your Budget Brag gets chosen you get an extra ballot! So start sending in your brags with a photo and write-up telling me about your deals. If you are from the USA and win I will PayPal you the money in CDN dollars. Open to Canada and USA only.

If you have a brag that you want me to share email me at canadianbudgetbinder@yahoo.(ca) < remove brackets) or fill out my contact form by Friday each week to have your brag considered for the Saturday post.

Ice Fields Winter Boots (1)

Hi Mr.CBB,

Here is my bargain of the week! My daughter Rhia has wrecked her winter boots so we went to Walmart to have a look for a new pair that would last her for the rest of this season and next. We managed to pick up a pair of winter boots for the amazing low price of $9.45 including taxes reduced from $39.94. What an awesome deal!!- Nicola D.


Making A Difference (MAD)



Welcome to the 2016 Making A Difference series!

If you are a personal finance blogger (anywhere around the world) and would like your blog to be MAD featured simply drop me an email and I’ll explain the process to you. I’m currently booking for April/May 2016!

This is my way of giving back to the personal finance community through networking and sharing knowledge with my fans. Today it is my pleasure to share with you the blog, Money Mini Blog.

Hi Mr.CBB and Fans,

My name is Kalen and I write short, sweet and simple articles on money and productivity. I’m a finance nerd and productivity junkie. I’ve been told I defy millennial laws by being happily married, having four children and no debt.

MoneyMiniBlog is full of articles that take complex topics and make them simple, entertaining and interesting. I believe in getting my point across with the minimum effective dose of words – no more, no less.

I’ll give you four free books just for subscribing to my free newsletter. That’s my gift to you to say thanks for subscribing and to help you on your journey to financial freedom and maximum productivity. When you subscribe, you’ll also get one quick email per week (that’s it, I promise) with the weekly articles, a recommended book and a weekly treasure.

I love to give away free stuff. That’s why I write and that’s why I started my free newsletter. I truly want to make you more productive and make a difference in your finances. I believe you’re better than the status quo. If you want to achieve something you’ve never achieved, and something most people will never achieve, you’ve got to be different from the rest.

Don’t be normal, be better. 

I can teach you what I’ve learned about being the best kind of different imaginable (I’m still learning too).  Join me on my journey as I continue to grow. If you’re ready to take control of your money, become insanely productive and create positive habits, come on, let’s grow together.


Kalen Bruce


Top Recipe



Food and grocery shopping is a BIG part of CBB because food is a large part of the budget which people struggle the most with. We all have to eat to survive but just because we have a budget doesn’t mean we can’t eat delicious home-cooked meals that are drool-worthy.

If you are someone who would rather buy convenience meals or products consider cooking homemade meals or baking from scratch. Not only will you save money but you will be proud of what you’ve accomplished and you’ll see that from the smiles on those you feed.

For the past 2 years I’ve had a second Facebook page called The Free Recipe Depot where I exclusively share recipes from Food Bloggers around the world. I also share recipes on the blog on Sunday either made by home cook and mom Nicola Don or myself.

This week our Top Recipe Pick goes to Stacie over at Simply Stacie who is also a Canadian Blogger from Pembroke, Ontario. Today I wanted to showcase a blog post she put together last year where she shares 14 Traditional Irish Dishes from around the web to celebrate St. Patrick’s Day. I hope you enjoy them as much as I did. The stew looks outrageous! Now all I need is some soda bread for dipping. Yum!


Top DIY Project


How to build a vertical garden

If you’ve ever wanted to learn How to build a vertical herb garden I’m going to direct you to someone who has the talent to show you. Becca Woodham over at DIY Vintage Chic certainly knows how to put a gardening project together that I’m sure many of you are going to drool over. The moment I saw this I thought it was brilliant and would look perfect in our back garden. Becca shares with you just how she put this project together so you can do it at home too!!


Editor’s Pick


Every week I will pick a blog post of the week from around the web that I found interesting and want to share with all of you. Please head on over and give the post a read and let them know that Mr. CBB sent you if you comment. Thanks.

Editor’s pick (That’s me Mr.CBB) this week goes to the blog Lady Fru Fru for an interesting post about why you should Dig Deeper for Deeper Savings. I especially liked the part about when she used to date a British Guy and the thermostat. Reminds me of my wife, lol.


How readers find CBB


Every week I get thousands of people visit Canadian Budget Binder because they did a search online and found my blog. Any spelling errors below are because I share with you the exact way they typed their search engine query to land on my blog. Some of them are serious and others are meant to have a laugh.

  • Wife spending not working– Sounds to me like you need to have a money chat.
  • How to tell what your house is worth in Ontario?– You ask it 😛  MPAC assessment
  • Should I renovate, repair or move?– You sound so confused for such a big decision.
  • What happens at a stag and doe– You drink, you get drunk, you drink more. spend more, get drunk. Fun times!
  • ATM gave me more money than my balance- Today was your lucky day!!


Subscribe to Canadian Budget Binder


It’s EASY and you’ll get exclusive email delivery of all my blog posts so you can read them any time of day. Subscribe to my daily blog post by entering your email address on the home page and verifying the subscription email once it is sent to you. I never share your email and you can unsubscribe at any time with the click of a button although I hope you stick around forever.

Note***If you don’t verify the subscription via the email I send you right after you subscribe you won’t get my daily blog post*** I’d hate to not have you here so please click “Subscribe” in the email.



Related Articles:

Photo Credit: Coombs- Leeds Castle

Mr. CBB was born and raised in the United Kingdom who then moved to Canada where he is a permanent resident. He recently became a father to a very busy toddler who allows him to be a kid at heart. He bought his first house at the age of 21 after University and his second at the age of 24. Both Mr.CBB and his wife are Debt and Mortgage Free and they did it all in under 5 years using a Budget. Canadian Budget Binder is a place where he shares their financial experiences with his readers and hopes to learn about theirs. Welcome to CBB!


  1. I receive newsletter from Kalen for free. It’s really helpful and very informative as it is easy to understand and to apply. By the way, that Irish recipe seems delicious. Which of the 14 recipes would you recommend?

  2. Christine Weadick says:

    Just signed up for Kalen’s blog so we shall see how that goes, looks good from the fast look so far.
    Those boots Nicola got looks mighty nice and I hope they last nicely through next winter!!
    Hope the little one feels better fast and you all have a wonderful weekend!!

    • That was a great deal that Nicola picked up. I remember one year the wife was shopping at Walmart and they reduced the summer shoes to $5.00. Needless to say she stocked up and still has boxes of shoes that are brand new.

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