Man uses hourly wage to spend less and save $5000

hourly pay purchases

SAVE $ THE WAY THAT WORKS FOR YOU   Should you use your hourly wage as the deal breaker for potential purchases? Every so often I meet people who have something to say about finance and it just so happens that I find these people like magnets. First thing to remember is that what you earn is not what you net. In other words if you make minimum wage you aren’t taking home $11/hr after various taxes. Same goes to those who earn a salary, you’re in the same boat. This is common knowledge though right? If so why are so many people in debt? Whatever you net is the money you get to play with in your budget. It’s amazing how many people forget about using the concept “Spend less than you earn” even though it’s fairly straight-forward.   Mr.CD meets Mr.CBB   While we were doing some shopping in Burlington last week I was feathering through the CD’s which were on sale for 50% off. It was an amazing deal for new release CD’s and other CD’s that I normally wouldn’t pay full-price for. It was pretty busy so space was limited and we were all elbow to […]

How possessions ruined us and minimalism gave us freedom

Modern Living Room Minimalism

Lured into a false sense of ownership   The amount of possessions you own can actually hinder your freedom. In fact, we have been lured into a false sense of ownership. Your possessions may actually be in charge of you! With credit cards and financing options in abundance, our purchasing power often seems unlimited. Having 0% interest rates make it easy for us to buy desired items and avoid paying interest on them. This better than paying large amounts of interest on purchases, but it is still a dangerous game to play. The items you pay for in the form of credit card debt are not truly yours until they are owned outright. Even after you finish paying off your items, having a hoard of possessions can prevent you from taking steps toward your ideal lifestyle.   Possessions and a stagnant lifestyle   Over the last year my husband and I have realized that we really want to move to a more remote location. Our reasons for doing this are multiple, but one of these reasons is that we would like to live a simpler, more self-sufficient life. This desire to move has made us realize that our life is […]

The Time I Overpaid For A House Cleaning Service

House cleaning Service

Too Good to be True?   Doesn’t someone else cleaning your house sound glorious? Elbow grease besides your own scrubbing and buffing until surfaces are gleaming? It sounded great to me until I actually went through with it! House cleaning wasn’t something I had ever considered until this fall. I was moving into a new apartment 1,200 miles away, and I was doing so in a hurry. My husband’s relocation gave us two weeks to find an apartment in a city neither one of us had ever stepped foot in and move our entire lives there. The process started with frantic apartment hunting online in an attempt to secure housing from a distance. An unsuccessful week later I took a one way flight to New York City to rent an apartment and rent it quickly. I wouldn’t leave until I had a lease with my name on it. Within a few days I found an apartment, signed on the dotted line, and booked a flight back with one day to pack belongings before hitting the road in a moving truck New York bound. If you think that sounds crazy, it was. With all that craziness I knew that the last […]

Rethinking fashion to embrace personal style and budget

Fashion jeans budget clothing

 FASHION WITHOUT PRESSURE   Fashion trends to one person may differ to the next especially when it comes to quality fabrics and cost. A few months ago, I was folding some laundry and I noticed one of my sweatshirts was made in Bangladesh. I wondered if the people who had made it were still alive because in 2013 a large garment factory in Bangladesh collapsed and killed over 1,110 people. This factory manufactured clothes for a large number of brands that I happen to have in my closet. It was unsettling to think I was wearing something that had been produced in a sweatshop by workers making about 32 cents and hour. This brings a whole new meaning to the expression “slave to fashion”. I admit that I have closets and dressers overflowing with cheap, disposable clothing. I cannot believe the trash bags of clothes that we stuff into the donation bins at regular intervals. How many articles of clothing does one person need? How many of them do I actually wear on a regular basis? I read a statistic somewhere that people wear 10% of their wardrobe 90% of the time. Clearly, we need a lot less than we buy.   Fashion overflow   Why […]

Why hiring help seemed smart even for our budget

hiring help around house

ASKING FOR HELP IS NEVER A BAD THING   I know you are thinking that it can’t be possible that Mr.CBB would shell out money to hire help around the house but it’s true. Would you have spent the money we have to get jobs done or do you think we are crazy? Read on….. Not everyone has family around who they can lean on for help when it’s needed nor do you want to bug your neighbours for help in the summer. Sure I help my neighbours do the odd jobs but I would never ask them to help me with jobs that are easy enough for me to do on my own. Maybe that’s just me. I’m the first one to cringe but don’t complain out loud when our neighbours let their house fall apart because they fail to put any money into maintaining the home. Maybe communication would work better because you never know what someone is undergoing in their life and they could use some help. That’s also being a caring neighbour although some might view that as being nosey. You never win! I think just about every neighbourhood has one of every type of neighbour […]

Does Buying Secondhand Leave You Out of Touch with Real Prices?

second-hand, used, for sale, discount

PRICING MONSTER ON YOUR SHOULDER   Over the years as a couple, we have come up with ways to save money in our budget by buying things we need secondhand. More Canadians are finding bargains and are realizing that they too can save money without having to go broke. We buy clothing secondhand when we need to although we are picky with what we buy because not all secondhand prices are equal these days. Some thrift type stores are taking advantage of the secondhand pricing wars of used items and prices are becoming over the top. They see more people buying so they boost the prices to the point of craziness, considering they got it free. Pretty soon they may find some people will head back to buying new because it’s worth it if you know your prices. It’s always hit or miss but it’s not just clothes on our secondhand hit list. Clothing only scratches the secondhand surface as we tend to look for everything we need that is new to us or never been used. Why? It saves us money and it’s not just us, many people do it. You only have to look at the hordes of […]

Are you envious of others’ success in life?

Envious of success

STOP THE GREEN EYED MONSTER   Envious definition for me means that someone wishes they could have your success but they just need to find their own path to reach their goals.  The minute your friends Facebook status goes up and says they got a new job, a new car or are in a new relationship do you get upset that it’s not you? Do you question why nothing good ever happens to you? Are you feeling jealous of other people’s success? Don’t be but if you answered no I’d say you are telling a lie because every one of us a tiny bit of envy towards something. It’s how we handle that envy that matters the most. No one likes to feel as if they failed at life and that they have no other options but to accept what they have been given. I think that we can do anything we want with this one life we are given if we find a way to make our dreams come true. Sometimes all you need is a positive boost from a friend or someone who believes in you and before you know it you will land your dream job. Never […]

How to save money whilst doing your hobbies

hobbie photography

DO WHAT YOU LOVE AND THE REST WILL COME   We all know how expensive hobbies can be. Shelling out for that new pair of running shoes, or extra flying lessons for those a little more adventurous can leave serious holes in our pockets. The thought of giving it up simply doesn’t cross our mind. In the day-to-day stresses of life hobbies are becoming an important aspect of keeping us fit, healthy and stress free. They offer a relief and change of mind-set from our everyday lives so giving them up due to financial constraints can often leave us feeling down. But, why should you give them up? There are plenty of ways to save money while still continuing to do the things you love and in some cases you can also make a nice profit yourself. Of course people spend vastly different amounts on their hobbies every year. A woman hugely passionate about skiing is almost guaranteed to spend a lot more than a man who enjoys sitting by the fire and playing guitar but whatever your interest you could save yourself a small fortune. Gardening for example is a particular favourite for people across the globe. But even a simple […]

How Rogers long-distance charges bumped our monthly wireless bill


ASK YOUR PROVIDER FOR A BETTER DEAL   Most people assume they know everything they need to know about their wireless account until the bill arrives in the mail. If you don’t know the details of your wireless plan it’s imperative that you review the information so you don’t get a shocking bill like we received last week. Considering that we call Rogers customer relations every year our billing cycle is up to see what new promotions are available and to negotiate a new deal for the year even the best promos can sting you if you don’t know the provisions. When the bill came in we found out that we went over our long distance usage on the cell phone while I was on the road training for work. Our initial thoughts were  that calling the cell phone from our home phone was long distance when in fact it wasn’t it was local since we were calling a local number on the cell. I am the first to agree that we don’t have the best long distance plans with our cell and home phone but we didn’t think that going over was as costly as it is. Typically when […]

Comparing the comparison sites in Canada


COMPARE ONLINE PRICES AND SAVE   If you love to budget your money like we do then the fact that I love to compare prices on just about anything will come as no surprise to you. When I used to live in the UK there were many comparison sites on the web that could compare and select the best choices for just about everything. Anything from the cost of socks to which domestic gas supplier you choose and which home insurance covers the damage if the gas supplier was a bad choice.   UK to Canada   After moving to Canada there didn’t seem to be anywhere near the amount of choices of utility companies, insurance companies etc. That is until I started looking into insurance for my first Canadian car. After reading many stories online about other people’s successful emigration to Canada and how they saved money on their car insurance, following their footsteps should have been fool-proof. The phone was in full use while I phoned just about every insurance agent in the local area and was disappointed at best and totally disgusted at worst with the quotes they were coming up with. One quote for car insurance for 1 […]

Happiness Is everything: Saving Money, Buying Time

By: Katrina Keeping Life Simple Makes Life Easier Keeping in theme with Mr. CBB’s post this week ‘Money isn’t everything, happiness is‘ relationships and love I decided to share a bit about my day-to-day life. You all know how hectic and busy my life is but now I want to share with you how I am making more time for things that make me happy and saving money at the same time. I’m a mom on the go so working, caring for your children and a house can be overwhelming and challenging. I strive to find the proper balance between them all. I love my job, wish I could spend more time with the kids and less time cleaning and organizing our house. What is worth your time? How often do you say I just need a few more minutes or a couple more hours in a day? What could you eliminate from your life or reduce the amount doing in your day to find that time? I want more time to do things like work on my son’s writing and my daughter’s drawing and spend less time doing housework. Mr.CBB’s to-do list has been great in helping me get some of the bigger projects […]

I Can Buy It, But Can I Afford It

Author: Katrina I can buy it, but can I afford it. Sounds pretty simple right?  It is! This last year has been a very educational year for me in terms of finances and managing my money. Every day I am improving and I am further along than I ever thought I could be. I’m actually really enjoying learning everything there is to know about personal finance especially when it comes to my bad habits. Since starting my landscaping business which is a passion of mine, earning extra money has been an eye opener for me. I have also been able to engage in a few money conversations and actually feel comfortable having an idea of what I am talking about. One of those conversations happened just this past weekend. What Can You Afford? I have always enjoyed talking with my one Uncle and this time we talked about money! I loved it! Even more I loved what he shared with me. He mentioned that when he talks finances with people he always brings up the phrase…. ‘I can buy it, but can I afford it’?  These were just the words I needed to hear. Simple and easy to say to myself, which I will…over […]