Store saving money tricks to cash in on: PF Weekly Grab a Brew #82

grab-a-brew-online-review

WALLET SAVING STRATEGIES   We’re always looking for store saving money tricks to cash in on so we can save money in our budget. Paying down debt and saving for retirement seems much easier when you can find tricks to save money to invest in other ventures that will get you further ahead. Investing in your future seems easier when you have that spare cash kicking around. It’s undeniable that many Canadians want to save money because these days we aren’t making enough cash to keep up with costs associated with the retail gods. Any way a consumer can hang on to their money they will try it. Unless you aren’t aware the Scanning Code of Practice is one of those great store saving tricks that isn’t widely talked about in the stores but visible in most big box stores on the doors and at the cash register. Picking up rain checks is another great way to get continued savings. If you notice a sale product is out of stock ask for a rain check. Call or visit the store with-in a day or two and the shelves are typically re-stocked but you still have that rain check that will […]

Work more to work less with a compressed work week

compressed work week

DEPENDS ON THE PERSON…   Many of you might agree working a compressed work week would make your life easier but for others it’s not a perk they care too much about. Factor in the possibility that you might have to retire later in life because you aren’t working the amount of hours you are used to and it might deter you further. If you can picture yourself living the retired life how old are you when that happens? Getting up and going to work for everyone around the globe is a part of life as is earning an honest living. We all have employers with different missions and values and even some who look after their staff with such care that they worry about how their days outside of work will impact their productivity when they come back to work. Sounds too good to be true but some employers want their staff to come back to work refreshed and able to give them 110% rather than 50%. I know that what happens behind closed doors no one may ever know but if your employer takes extra steps to ensure they make your working days easier they may see a […]

Young adult teaches us about being house poor in 15 minutes

House poor

DON’T GET CAUGHT SINKING YOUR SHIP   Being house poor doesn’t necessarily mean that you simply have no money but it can mean that you have too much house you can’t afford. House poor can also mean you have too much stuff, no money and/or piles of consumer debt that you are struggling financially to make ends meet. The term “poor” means so many things to everyone that the only way to describe it from a financial perspective would be lack of money. Some people may not consider themselves poor until starvation kicks in and they have to go to the food bank or when they reach the point of bankruptcy. Others may take on a different view but no matter what poor means to you it’s not a place that people “dream” of.   House poor is not easy living   You might consider yourself house poor when you can’t pay your mortgage which could be for a variety of reasons. There are also plenty of poor people living in the ritzy part of town who are struggling to take control of their financial situation. I think there are many misconceptions of the word poor and the only person […]

Achieving goals ahead of schedule: June 2014 Net Worth Update (+1.31%)

achieving goals strategy

JUNE NET WORTH AT A GLANCE   It’s been a busy year so far and we are finally ahead of where we want to be in terms of achieving goals with our finances. After the ups and downs of previous months dealing with unexpected costs and circumstances we weren’t sure where we would be financially. Since running the numbers we now feel confident we can stay on track. As of December 2013 I started to log how we were doing in relation to meeting our goal of hitting the million dollar net worth mark and it stood at 6 years meaning that December 2019 would be our million dollar target date. The monthly changes moved the time frame around a little depending on how we did financially that month but nothing really jumped us ahead or behind.   Achieving goals   I have noticed in the last four months that a trend appeared where we have increased our average net worth yearly average causing our forecast of hitting the million dollar mark to happen 6 months earlier than predicted. That means we are achieving our goals faster than we expected which is great news. I would contribute this increase to […]

How spending money requires time: Our Family Budget June 2014

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SPEND WISELY AND STAY ON TRACK   Sure spending money sounds pretty easy to do but it’s not that easy when you just don’t have the time to spend. If you have kids and work full-time, appointments, chores etc. finding that time to spend becomes smaller and smaller. Many people spend out of boredom which means they roam the mall or shops looking for things that they might need as opposed to what they actually need. I try to get out to pick up what I need and get out although that’s easier said than done.   Spending money is not that easy   Yes, I know you can spend money online without leaving the comfort of your home or job but if it’s not something you normally do it’s likely no big deal to you. You probably don’t even think about spending money buying products online. If you’ve ever asked yourself how you can stop spending money I have the answer. The answer is to fill your day with activities that don’t cost you a cent. The other answer is to be mindful of your budget so you aren’t out blowing money that you simply don’t have. I suppose […]

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 […]

Should The Brick honour this customers claim on her extended warranty? : PF Weekly Grab a brew #78

grab-a-brew-online-review

WHO IS RIGHT THE CUSTOMER OR THE RETAILER?   Claiming on an extended warranty may be like talking to a “Brick” wall. Make sure you know what you are buying and if you don’t then don’t buy it. OK, to be fair we need to understand as consumers that there may be fine print when we purchase an extended warranty. Not only that but what is interpreted by the retailer might not be what we as consumers interpret which may cause issues or concerns down the line. You might actually feel that you need a lawyer to interpret the extended warranty just so you know exactly what it means to you. I’m pretty sure a lawyer has done the same or written the extended warranty for the retailer. Sounds a bit wishy-washy but that’s the beauty of “customer protection” these days that you pay for out-of-pocket. If you don’t understand EVERYTHING you are buying don’t buy it. If you have to talk to a manager or head office, call. It reminds of the people who sign on the dotted line after listening to someone selling them a product and believing them only to find out they got shafted. Sad, I […]