5 Ways To Save Money By Using A Credit Card

CREDIT CARDS ARE MORE THAN JUST A BACK-UP PLAN!   There’s no doubt you need to be careful with credit cards. There are people of all ages throughout Canada struggling with credit card debt in the thousands or tens of thousands. And if you start missing payments, your credit score will be in danger, which will affect your ability to acquire assets and may even limit your employment options. Related: How to avoid turning $1 into a $29 Credit Card fee However, credit cards are not inherently bad. Money mismanagement is, and the two don’t necessarily go hand in hand. If you are conscientious about how you use your money, you can actually save money by taking advantage of credit cards. Instead of battling to pay installments, you can live the lifestyle you choose without letting the debt ever get out of hand. There are multiple ways to save money using a credit card. These are 5 of the most effective.   1. Transfer your balance to a 0% APR credit card   If you are already carrying credit card debt, there is a simple way to get out of paying crippling interest. Many credit card companies offer a 0% […]

grocery game monthly challenge

The Ultimate Frugal Student Recipe Book : The Grocery Game Challenge 2017 #3 Aug 14-20

Cheap Healthy Meals For Students In Apartments   Creating cheap healthy meals sounds impossible because we’ve been conditioned to believe that convenience foods are inexpensive and easier to make. Not true in most cases it costs more and tastes can’t be compared to homemade by a long shot. For this reason I wanted to put together the Ultimate Frugal Student Recipe Book for kids who are off to College or University and need some guidance in the recipe department. While at a backyard BBQ party our friend Judy (not her real name) has a 19-year-old daughter off to Western University in a couple of weeks. Instead of moving into residence she opted to share an apartment with two of her friends to keep costs lower for the school year. This means she won’t be part of the University meal plan and it will be her job to prepare recipes on a budget of $50 a week. Related: How much should my grocery budget be? Although her budget may seem high for some people fifty dollars is reasonable enough for anyone to whip up cheap healthy meals without being deprived. That means she won’t have to live on Ramen noodles, toast […]

How To Port A Mortgage In Canada Successfully : The Saturday Weekend Review #230

SHOULD YOU BREAK YOUR MORTGAGE OR PORT IT WHEN SELLING AND BUYING A NEW HOME?   Whether you can port a mortgage depends on a few factors but ultimately it all has to do with numbers. Porting a mortgage may not be in your best interest especially if you’re not happy with your current lender and want to search out a new one. The good news is that if you can save money and you’re eligible to port your mortgage you’re doing alright. Renewing a mortgage is far different from porting a mortgage which I’ll get into a later but in the mean time wrap your head around this question- How much do I know about my current mortgage? If you haven’t read the fine print now is a smart time to break out the paperwork.  Why am I talking about how to port a mortgage today? Honestly, I had no idea about how to port a mortgage in Canada but I do know that it’s a common practice in the UK where I was born. What I’ve learned while living in Canada as a permanent resident is that I can’t compare apples to apples from what I know in […]

You’re Doing It Wrong If You Believe In Job Security : The Saturday Weekend Review #229

THERE IS NO SUCH THING AS JOB SECURITY BUT THERE IS FINANCIAL PREPAREDNESS IF YOU CAN BELIEVE IN THAT.   Don’t make the mistake of someone who lands their dream job and believes they’ve found the golden ticket to wealth and job security. No, no my friends it doesn’t happen that way. Never has and never will. One morning you’re lacing up your dress shoes and putting your tie on and the next you’re updating your resume. It happens and it happens often. Remember the time you thought you didn’t have enough dresses to wear to the office but now you have a closet full still with tags on them but no job to go to. It’s a whirlwind of emotions when job security turns to the announcement of layoffs.   New House, New Career, New Resume   Just after we married Mrs. CBB landed her dream job or at least a job that offered her a private office, benefits and flex-time. It was the perfect job, close to home and excellent pay for starting out. She was the happiest woman alive because she was motivated to be the best she could be. After the transition to her new career […]

Magical 4 Ingredient British Sponge Cake

The best sponge cake recipe you will ever try is made with love and only 4 ingredients.   The aroma of this British sponge cake recipe trailed my mum’s kitchen since I was a little boy. She was a stay-at-home mum for the most part unless she was helping my dad with our business and always had a cake baked inside her cake tin. (she still uses the same tin, no kidding.) Most often it was a sponge cake to enjoy after tea with a lovely cup of coffee or tea. Other times we’d sneak a piece just because the sponge cake was so light and fluffy it was hard to resist. A sponge cake is one of the easiest cakes you can make and a great cake for baking beginners and inexpensive to make. British sponge cake has 4 ingredients and that’s all you need to make this delicious cake that everyone will rave about. Once you dress up your fluffy sponge cake with accessories you’ll see that you’re working with a blank pallet that you can bring to life. This makes the sponge cake the perfect birthday, anniversary, baptism, graduation or even wedding cake for your special day. […]

How To Build An Inexpensive Summer Highway Survival Kit : The Saturday Weekend Review #228

THE BEST MONEY YOU WILL SPEND IS BEING PREPARED JUST IN CASE SOMETHING HAPPENS ON THE HIGHWAY.   Having a summer highway survival kit in your trunk is not just important to have, it’s vital. A few days back there was a chemical spill from a truck that crashed which closed the 400 series highway by Newmarket, Ontario between Hwy 89 and 9 for 11 hours. Related: Frustrated drivers trapped for hours on 400 highway for chemical spill Reports of tweets from parents complaining that their kids have not had food or drink to eat were popping up and overall frustrations of the slow chemical spill clean-up. Generally any time I’ve been held up on the highway between Toronto and the Greater Toronto Area all the way up to Windsor and London I plan for a holdup. They do happen and happen often and I’m always ready for the, ‘just in case’. Although concerns are important from motorists stranded on the highway especially medical emergencies motorists need to be responsible when travelling. Don’t have the “It will never happen to me attitude”, because it could. You might not have everything you need in your prepared highway summer survival kit BUT […]

How To Avoid Turning One Dollar Into A $29 Credit Card Fee

A CREDIT CARD HAS ONE MISSION-TO MAKE MONEY.   Would you open your window while driving and empty your wallet out? Laughable, however too many of us do this without even knowing it. Never ever just open a credit card bill or any bill and just pay it. If you do this then you run the risk of throwing money out the window. This almost happened to us but thankfully we DO read our statements and found a surprising credit card fee that was not expected. Related: Why you should always read your grocery receipt Besides earning rewards some people they pay a heavy price for holding a credit card balance and paying the minimum. That’s really not what I’m going to talk to you about today though. Quite the opposite actually which not only sent us to the telephone with our jaw dropped but to find out almost all credit card companies do this. Credit Card Fees…. there’s more than 1. We’ve never once paid any interest to a credit card company and don’t plan to begin but this isn’t an interest charge it’s an over credit limit charge. If you thought that your credit card would send out […]

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