Waiting For A Living Wage To Start Budgeting Is A Bad Idea: The Saturday Weekend Review #252

MONEY IS YOUR BOX AND A BUDGET IS YOUR KEY TO FINANCIAL FREEDOM   Understanding the difference between a living wage and minimum wage is just as important as knowing your financial numbers from start to finish. Just the other day on Facebook I was reading through the comments after a sponsored post by a popular budgeting app popped up on my screen advertising their service. I suppose reading what others think about budgeting is important to me since this blog revolves around budgeting and frugal living topics. Two of the most important comments I wanted to talk about today which I read stuck in my head because I wanted to speak up and tell them, don’t wait for a living wage to budget, do it now. I’m not budgeting until I have a living wage Why should I pay to use a budget when I’m broke Your debt costs more than you think once you factor in all the interest calculated over the term of paying it back. In fact reading the bottom of your credit card statement might just shock you when you see how long it would take to pay off whatever you charged. Go have a […]

grocery game monthly challenge

Free Printable Checklist Of Common Spices For Your Kitchen : The Grocery Game Challenge 2018 #3 Mar 19-25

SUPPLY YOUR KITCHEN WITH THESE FAMILIAR SPICES AND ADD A SPLASH OF FLAVOUR TO ALL YOUR MEALS   Having common spices on hand that many recipes call for is one of the smartest and most inexpensive ways to flavour your dishes. It’s that time of year when we do a full spice cabinet wipe and clean along with an inventory of what we have on hand or need to replenish. Get your FREE Printable Common Spices Checklist below!!   Storing Herbs, Spices and Extracts   My father-in-law would make sure his organic herbs were properly dried in parchment paper and sat in a box that resembled a pop case. He’d dry the herbs in the basement on a long 8 foot table during the winter and eventually he would have boxes of herbs to use. There were always herbs hanging upside down from the ceiling as if there were bats in the house. “Be careful what you walk into”, he used to tell me if I would go down to grab something. Once dried always store your spices in a dry space such as a kitchen cabinet where moisture won’t have the opportunity to get inside. Having a good kitchen […]

10 Wealth Strategies: How To Train Your Brain To Think Rich – Net Worth Update Feb 2018 (+0.69%)

TO THINK RICH YOU NEED MORE THAN JUST IDEAS! We went from nothing to simple millionaires in 40 years by going to work and saving our money! It took us a long time with plenty of ups and downs but with the wealth of knowledge available today YOUR rich can be done even faster. Can you remember a time when you earned (first job, first career, extra cash), won (Bingo, Jackpot, Contests etc.) or was given money? I can. Perhaps you can recall the feeling that electrified throughout your body as if you had just eaten the biggest most delicious dessert in the world. (that would be brownies for me) Some may describe it as a money high filled with excitement or thrills that lasts until you do something with that money. It’s almost as if a bit of stress is allowed to fall from your shoulders depending on the situation it is feeding. This is the feeling you want to have every day and it’s called financial peace. In order to get to this point you have to train your brain to think rich. This type of mindful financial education comes with a full buffet of rules set out […]

Financial Empowerment Tips For International Women’s Day : February 2018 Budget Update

EMPOWER YOUR FINANCIAL INDEPENDENCE AND CONTROL YOUR MONEY   Today, March 8th is International Women’s Day and it just so happens to be perfect timing that a report was released by a national survey commissioned by the Financial Planning Standards Council (FPSC). Financial empowerment is so powerful that only YOU can help start and grow your knowledge. Survey says…Women need to do some serious financial homework. After surveying 1000 Canadian women last month about financial struggles it revealed that roughly four in ten women don’t even know their credit score.  Also uncovered was that a majority of women have at least one struggle when it comes to their finances. What this means is that you may be knowledgeable in one area but fall short in another. Related: Get your Credit Report, It’s Free Canada. Never rely on anyone but yourself when it comes to your money.   Learning finance the hard way   Just this past week my father-in-law passed away and to say that their finances were even a smidge in order would be an understatement. Both of them have little to no knowledge about finance and budgets, never negotiate bills or interest rates, over-draft is in full-swing and […]

How To Test Budget A Mortgage Before Buying A Home : The Saturday Weekend Review #250

LIVE LIKE YOU OWN THE HOUSE BEFORE YOU BUYING   Think about the above statement for a moment and ask yourself how that may have changed your past or current budget before buying your home. You may find that had you created a test budget before that purchase you may have noticed that you shouldn’t have spent so much. Typically you wouldn’t hear me say anything about using a test budget because a budget is a budget, however there are times when pretending to budget comes in handy. Forget about the word pretend for a moment and consider the reasons why you would want to prepare a test budget and how it would benefit you as a potential homeowner. Can I afford the house Can I afford the house Can I afford the house   Start Young Finish Free   I often like to believe that anyone who starts learning about finance from a young age will have basic knowledge to make financial decisions that may not impact their lives the way someone who did not. This is why I urge parents to teach themselves about finance FIRST and pass that knowledge on to their kids. Even then there are […]

The Ultimate Guide Of Frugal Living Ideas To Increase Savings : January 2018 Budget Update

INCREASE SAVINGS BY LEARNING WHAT SUCCESSFUL SAVERS ARE DOING   There are tonnes of frugal living ideas saturating the online market so today we wanted to create an Ultimate Guide of Frugal Living Tips that we successfully use. The importance of this guide is to highlight what has worked for us to help us become debt free so young. Well, if you consider 40 young then we’re young. If you consider it old then we’re old. The verbal savings plan Mrs. CBB and I created back in 2012 was simple, “It’s not about how much money you make it’s how you save it” and from there we took off. I know you are thinking that it’s easier said than done, trust me I know especially when there are so many goals you’d like to tackle at once.   Don’t stress yourself out – One step at a time will help keep you motivated   I’m not going to list a million ways you can apply frugal living ideas to your life but rather keep it simple by discussing ideas that work for us. We didn’t go overboard like some frugal fanatics because that wasn’t the route we wanted or needed […]

grocery game monthly challenge

Why Do Grocery Stores Water Mist Fruits and Vegetables? : The Grocery Game Challenge 2018 #1 February 5-11

GLISTENING WATER MIST IS MORE THAN JUST A PRETTY APPLE   I’ve been freshened up ever so lightly with water mist as I’m looking through fruits and vegetables at the grocery store and for some reason it makes me happy. Sound familiar? Consumer conditioning most likely but understanding the reasons behind this lavish Canadian and American way to sell produce is more than the just-picked look. Trade secrets? Not likely however there are pros and cons to benefiting from the water mist psychologically and financially from both the store and customer perspective. Back in the UK I was never introduced to this type of care for produce as it’s not a practice that was used. Judging by our recent visit to the UK using automated water misting machines still isn’t on the market. *note- that I am aware of. Most often I would go by the sweeter the smell the sweeter the taste ideal when making my purchases. This is why I find it incredibly important to smell what you buy before you buy it. Our son thinks the automatic water mist machines at the grocery store are exciting and acts all giddy when he can see the mist in […]

The Ultimate Guide To Protecting Yourself From Rental Scams : The Saturday Weekend Review #249

The best way to protect yourself from rental scams is to meet face to face. It’s equally important to be aware of red flags that fraudsters dangle at unsuspecting renters.   If you value the money you work hard for ( I know you do) and want to protect yourself from perplexing rental scams it’s time to get informed. One of the worst decisions we can make in life is signing something we don’t know anything about. The days of searching for a rental via print media are far less than they were 20 years ago since most people take to the internet for rental property listings. Even though word of mouth is top-notch in the rental community even then you must keep your guard up. By now everyone should know that letting your guard down when it comes to doing business online may come back to haunt you. Parents, if you have a young adult new to the rental scene pass along this vital information about rental scams so they’re protected. Most often students moving away for University and College looking for student housing get stung along with those who post wanted ads on social media or websites such […]

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