How to make money fast without going crazy

Make Money in wallet

MAKE MONEY WITH THESE SMART TIPS   If you need extra cash and you want to make money fast put on your thinking cap. Turn your skills into cash and your junk into gold with these tips. I have a reader question today and 28 year-old Chris wants to know how to make money fast without stress to pay off his bills aside from his full-time job. He says he’s been following Canadian Budget Binder since the start and wants to start a  debt-free life as early as possible while paying down his mortgage. It’s nice to know that we inspire the fans although that’s essentially all we are here for. Chris has a good question today and there is no one right answer but there are ways to make money to help pay down debts. Making extra money might not produce a windfall but I can tell you with the extra money we made over the years it helped us to pay off our mortgage in 5 years. All the spare cash we made went to small projects, entertainment or paying off small debts. Money is money so if you can scoop up a few extra bucks here and […]

What My Life Is Like With Terrible Credit

I am a person living with debt that I can’t pay and terrible credit. I am a single mother of a now 17-year-old son soon to be 18. Over the years there was never enough money and debt just seemed to keep piling up and I wasn’t sure what to do about it. I needed the car to get my son to daycare, then me to work. It  seemed every time I turned around there was a repair that needed to be made on it. My one credit card with the highest balance which is now in collections was typically used for repairs to my vehicle at the time. I was working full-time to pay some of the mechanic’s bills as well as to keep paying my everyday bills and putting food on the table which was hardly enough. That meant that the repair bills often ended up on the credit card. I eventually refrained from using that credit card because the balance was just too high but luckily had a low-interest rate of only 10%. What’s worse is the car had to be junked as it was no longer in a state of repair. I haven’t had a vehicle since that time […]

How I Reduced Our Grocery Budget From $1100 To $600 In 6 Months

Our Family We are on a very tight budget with food being the second greatest expense, preceded only by our mortgage. My husband and I have spent most of our family years raising our kids and figured we would have plenty of time to save for retirement. Retirement has arrived for my husband and is staring me in the face and we are trying to get our financial house in order. Our kids are the joy of our lives but raising 4 of them has proven to be costlier than we would ever have imagined. This is our story about how we are beginning to climb out of debt and onto the road towards financial freedom. It is never too late to take control of your financial future. My family is a single income family of 5 (two parents and three grown kids at home). Last summer, I sat bemoaning my situation (out of control debt and never enough money at the end of the month) and wondering where my money, which in theory should be sufficient to meet our needs, went. I am a professional person and make a modestly decent income, but through the wonder of the internet, I […]

How I Support My Family On One Income

This is a Guest Post written by Tanya a fan who wanted to share her story about how she supports her family on one income in hopes to inspire others. Tanya’s Story: I live in Prince Edward Island with my two young children. Money wasn’t always streaming in to my bank account, but we were able to get by. The bills were being paid, we had just bought a house and we were comfortable. When I was pregnant with my second child, I ended up being put on sick leave. With my pay gone and my sick benefits nowhere in site yet, things started to get tight. With only my husband’s salary to go on, one child in full-time day care (I was on bed rest) and another child on the way, the bills started to add up. We started using my credit cards to cover the extra expenses, always saying we would pay them off as soon as possible, but the balances started to add up.It didn’t help that my husband refused to even try a budget – if he wanted to eat out, he did; if there was a movie he wanted to rent, he rented it. By the time […]

Taking My Life Back While Getting Fit On A Budget!

Guest Post: Bonnie Taking back my life and getting fit, You bet I am! My name is Bonnie and I’m a 53-year-old woman who has been overweight most of her life including childhood. I have a love hate relationship with food and used it as comfort source towards painful issues. I’ve been on many diet programs and have managed to lose some weight but no long-term successes. I realized the number one reason for the continued failures was my inability to embrace the healthy lifestyle as a “permanent change” and not a temporary fix. Where It All Began  It started back in 2007 when my husband took sick and diagnosed with end stage liver failure and liver cancer. I was so busy caring for him that my life was put on the back burner. I was filling my emotional void with fast and fatty foods, even if I wasn’t hungry. We eventually both lost our jobs due to his illness and I had to care for him as his memory was slowing drifting away. Shortly after we became homeless until our daughter and grandson opened their home to us. My husband was placed on the transplant list to hopefully get a new liver before […]

Reader Question: Tips For Buying A New Vehicle In Canada

Every Monday I have a look in the mail bag to see what the readers want to learn about. In the past week we received many questions but this question is one of those questions that need to be answered. Vehicles can be a source of pleasure, security and optimal for all sorts of trips and destinations depending on what you get. It can also be a money pit and it’s important to know your stuff before you set out looking for a new vehicle. Here is the Reader Question: Dear Mr.CBB, We’re just starting to think about buying a new vehicle. Do you have any advice or tips in this department? First off, don’t be afraid of sales people as they are harmless. They have a job to do and are out to make money, it’s no secret. They know it, and you know it. The name of the game is who’s going to crack first or can we meet in the middle. You have to realize they need to make money that’s why they do what they do. You can’t walk away with all for nothing and shouldn’t expect that. Salespeople need to put food on the table […]

My Childhood Shaped My Financial Future

My childhood shaped my financial future after seeing my parents struggle to make ends meet for our family. I am now 27 years old with a young family (8 and a half month pregnant with a 29-year-old fiancée and a 1-year-old) and we are totally debt free! As most parents would do, mine never wanted to communicate their financial problems.  My mom always seemed to find a way to make everything into a game. She would always bake with us, turn her old clothes into costumes, make play dough, and cover the walls in newspaper and let us color in the pictures! I think when children are that young as long as you keep them busy in a creative way they don’t mind if it’s costing $100 or its free. On the flip side I remember my dad taking me to kindergarten on his old beat up motor bike that hardly ever started and yelling…hold on tight!  The reason was because our car was always broken down and my parents could not afford to fix it. Along with that I remember in my childhood my mom making it into a game when it would rain. She would have us run and […]