The Cost of Smoking on your Health and Budget

There’s no surprise when hearing about deaths related to smoking or the various diseases caused by smoking but turn a blind eye. Is it really worth it to smoke? I’m sure you know the answer to this question but most smoker’s either choose to ignore it or struggle to give up this habit. Smoking is a harmful addiction, one that can cause your bank account to suffer and your loved one’s wishing there was something they could have done when you’re gone. As I lay here tonight and write this post I am thinking about tomorrow morning and what life will be like for us.  While watching Global Television a commercial appeared called driven to quit which is a challenge to motivate smokers to quit for the month of March. My wife is a huge Young and the Restless fan so everyday we were seeing this commercial Monday to Friday when something clicked. We both decided that it was time to stop letting cigarettes rule our lives as of January 30,2012. We both signed up for the challenge with the support of friends and family.  Quitting smoking for the month of March was far from our goal as we want to quit for […]

Our Goals 2012 and a look back at 2011!

As we look back in 2011 we can see many areas we could have saved more money but that’s what budgeting is all about, learning. Keep in mind we don’t make huge incomes so the frugal lifestyle we lead is imperative to our savings whilst still enjoying life. I don’t predict the same extra income in 2012 so a tighter budget has been put in place. We are hoping to get a bathroom renovation completed and landscaping of our yard by the end of the year. Our main goals for 2012 although I’m sure this list will grow! Spend less on grocery $190 a month. Save more with a shop free week each month and playing our grocery game challenge. Collect enough Optimum Points at Shoppers Drugmart for 2 Redemptions. We accomplished 4 at top-level in 2011. Figure out what to do with our Savings Max out both TFSA (Tax Free Savings Account) Invest more in RRSP (Registered Retirement Savings Plan) Pay down Mortgage currently $157k, $164K was 265K when purchased in 2009. Current Market Value Aprox $339k. Accelerated Weekly 3.9% 5yr fixed 25 yr Amortization Build Emergency Savings by $ 8k Renovate Bathroom under 5k Educate myself on Investing, read more […]

%d bloggers like this: