Free Trial Offer Costs Woman $232 in Credit Card Charges

free trial offer

FREE MEANS YOU PAY NOTHING!   Just because someone says something is free doesn’t mean it truly is free. We hear and see free trial offers all the time for certain products although not all are scams be cautious or it may cost you big bucks. Most often we get suckered into buying something especially if the price is right and marketers know that adding in the word “free” is a sure-fire way to reel people in.   Believing what you read   Living on a budget is not always easy but it doesn’t mean that you have to cut corners or believe everything you read or hear just to save a few dollars. The internet is the worst place for people to shop sometimes because it’s easy to get caught up in fake reviews of products or celebrity endorsements like this CBB fan who wrote to me so she could share her story with all of you. To be honest I have never really given much thought to free trial offers before except for magazines from Rogers but once that free magazine subscription was done we opted not to renew. We didn’t however give out any credit card information […]

My wife is blowing my salary increase before I get it!

salary increase

IN ONE HAND OUT THE OTHER…   We all go to work every day in hopes that at some point we get a raise because a salary increase means we can do more with our money. What we don’t expect is that when it happens that it’s gone before the money hits the bank account. Today’s post is from my reader mail bag. I found this question below to be interesting as we are going through something similar. Just recently I wrote a salary increase letter to my employer because I thought it was about time I got an increase. Some people may shy away from doing this but don’t as you might be waiting forever for a raise. I am getting one but I’m just waiting for the paperwork to go through human resources, red tape. If you are wondering what I wrote in that letter it was pretty simple, why I deserved a salary increase but not before sharing what I’ve done for the organization over the past year. When you find out that you are accepted for a salary increase it makes you proud knowing that your hard work is important to the organization. I can’t imagine […]

A woman’s financial success leads to jealous friends

woman financial success jealous friends

A JEALOUS PERSONALITY IS LIKE FUEL   Having jealous friends might not land you at the top of the phone calling lists to hang out but are they really your friends then? Fan mail really drives me to continue learning about finance and the personalities behind the people who want to get out of debt. I never push a budget on anyone but I do try to motivate people to set goals in life because personal goals no matter short-term or long-term mean something important if you took the time to set them. Today I have a young lady who emailed me about a problem she is having with some of her friends. Feeling isolated in a group of friends is not uncommon especially when your career takes off, you move cities or if they become jealous friends because of their financial pitfalls. Dear Mr.CBB I’ve been quite intrigued by your blog back a couple of years ago when you started your budgeting series because that is the time I really started to get my finances in order. As a recent University graduate living in Ontario, Canada I found that you and I were similar in the sense that we […]

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 […]