Clever Online Shopping Saved Our Christmas Budget $400 So Far : The Saturday Weekend Review #242

MAKE ONLINE SHOPPING YOUR SOURCE FOR DEALS OVER THIS HOLIDAY    In general there haven’t been many people I’ve chatted to who don’t have some form of a Christmas Budget. Sounds odd since budgeting for the entire year seems to be one of the laziest financial tasks going even though it is mega easy to do, and valuable. Shopping for any holiday or special occasion without a budget makes for a potential financial disaster. Make sure you read the fine print on your credit card statement which states the length it will take you if only monthly minimum payments are paid. That should be MORE then enough to put the spending without a budget breaks on. Consumers who random-shop tend to spend more money on things they could have purchased cheaper somewhere else. If you care about your money then plan out occasions where you know you will be spending more than typical amounts of money. Compare random shopping to window shopping. Some people like to do their Christmas shopping on Boxing Day and throughout the year which is ideal but again a budget is necessary in my opinion. There were times when we would Christmas shop without a Christmas […]

Everything You Need To Know About Porting A Mortgage In Canada: The Saturday Weekend Review #241

IT’S WORTH KNOWING THE INS AND OUTS OF YOUR MORTGAGE   It’s true and certainly something to always be mindful of, “It’s not about how much money you make, it’s how you save it.” When it comes to porting a mortgage in Canada, there are some things like interest rates that you need to factor into the equation, and we will cover these in detail in this article. Homeowners in Canada, and potential homeowners are faced with many important questions when it comes to mortgages. We are living through interesting times with respect to interest rates. The Fed is expected to raise rates further before the end of 2017, the Bank of England is clearly on a similar trajectory, and in time the European Central Bank will move away from quantitative easing towards quantitative tightening. What does this mean for mortgage holders around the world?   The Canadian Economic Scene   In Canada, the current bank rate is 1%. The BOC (Bank of Canada) decided to maintain the overnight rates when it met on Wednesday, 21 October 2017. The Bank of Canada forecasts that inflation will hit 2% by Q2 2018, later than economists projected. In 2017, real GDP grew […]

grocery game monthly challenge

Unhealthy Food Choices Are Silent Budget Killers : The Grocery Game Challenge 2017 #2 Nov 6-12

HEALTHY FOOD CHOICES ARE JUST THAT, CHOICES YOU MAKE   Do you have an unhealthy food list? Discretionary foods also known as empty calories or junk food are those you ponder buying because you know they aren’t the best for your health and budget. The reason they are silent killers is because 9 times out of 10 they are cheaper to buy however it’s not really as inexpensive as you really think. Convenient yes, frugal not so much. Unhealthy food is not only saturated in the fast-food  and restaurant market but highly advertised at the grocery store. The only way to get around it is to avoid it. You almost need to pretend it doesn’t exist. Many shoppers are opting for click and collect, food delivery and online grocery shopping simply to avoid the temptation of buying foods they don’t need or aren’t necessarily healthy for them. Keep in mind what is healthy to one person is not to another but for simplicity we’ll stick to junk food and pre-made meals. What’s your motivation?- Ask yourself that and answer it. Smart shopping, saves money and they buy only what they need without extra motivations. The only down-fall is you miss […]

How Tracking Expenses For One Week Can Change Your Life

BLINDING DEBT IS THE WORST WAY TO GET AHEAD FINANCIALLY   All it will take for most people is one week of tracking expenses to stop, drop and roll because alarm bells go off and someone has to call 911. The only problem is that no one is going to put out your financial fire but yourself. Skip the I’ll pay tomorrow, next week, next month or forgetting about bill payments all around. This has to stop and if you can’t get your sh** together then there’s no point whining about money. Even someone who is on government assistance, working minimum wage jobs sometimes even two to get by can be better savers than the person who earns a higher income but doesn’t have a damn clue how to save it. I’m tired of people who have it all and can’t get it together and it’s the people who hit rock bottom that are climbing the financial ranks because they teach themselves about money and how it all works. You know, spend less, save more. It’s a simple way of looking at money even if you only have $5 to spare every month BUT that $5 surplus is going to […]

grocery game monthly challenge

Scan and Go Technology Is A New Grocery Shopping Convenience : The Grocery Game Challenge 2017 #4 Oct 23-29

ANOTHER POTENTIAL GROCERY STORE TIME SAVER HAS ROLLED INTO CANADA TO IMPROVE YOUR SHOPPING EXPERIENCE.   Knock, Knock…Who’s there? Walmart Scan and Go that’s who! It’s not new technology either just new to Canada. Like some of you reading this I’m starting to wonder if grocery stores are complicating the entire shopping experience by adding so many ways to grocery shop and check-out. I mean, how hard can it be and why aren’t we making time to grocery shop? Should using the self-checkout or scan and go self scanners qualify shoppers for a discount since they are taking on the work of the cashier? Some would say yes and others no. Your payment is in the form of convenience even though it may not always be that convenient. Do you remember when Tim Hortons only sold donuts and coffee or McDonald’s sold breakfast, burgers and fries? If not you’re probably far younger than I am but back then convenience was simple. Not anymore. When Tim Horton’s started to added the sandwiches, bagels, soups, chili and now breakfast and potato wedges it was overwhelming for most. Why complicate such a simple idea? Money and keeping up with the markets. Simple as […]

Should Couples Be Financially Stable Before Pregnancy?

PARENTING WHEN YOU’RE OLDER DOESN’T MAKE IT ANY EASIER THAN IF YOU’RE YOUNGER.   Yes, I’m a 40 year-old dad with a 3-year-old toddler, a career I love, zero debt, mortgage free and ability to offer experiences to our son that I didn’t have. This wasn’t the way I had envisioned parent-hood to be but it was the way it turned out for us and we’re surviving just fine. Being financially stable has nothing to do with getting pregnant and everything to do with surviving and never giving up. There are couples out there reading this who are struggling or struggled in the past to get pregnant after many miscarriages and NO results on a pregnancy test. There are also couples who have different parenting styles which may or may not make them “cool parents” but that’s not what parenting is about. There’s more to sharing your heart than all the money in the world. Related: Do Dollar Store Pregnancy Tests Work? Whether you are working or not becoming parents means that you must provide for your child in any way you can. Often this may lead parents to seek support from family, friends and the government system when available. […]

Is Your Mindset Affecting How You Approach Life?

THE BIGGEST FIGHT OF YOUR LIFE IS TO BE UNDERSTOOD   An important part of a mindset is to make sure that it’s not set in stone. We change, people change and life changes. It’s never good to stick your foot in the mud and live by everything you learned growing up. Your personality and beliefs don’t need to be that of your parents. This is part of becoming an adult although some people struggle to find their purpose. As we age we need to set our own foundation whether we come from money or not. Related: How A Life Changing Illness Shaped Our Financial Future If your father was a miserable man who only complained about what he didn’t have and everyone else had but did nothing about doesn’t mean you need to do the same. It’s safe to say that we learn from what we see and do and are taught from our parents. Not everyone wants to pursue those lessons as they get older but many stay in the same slump without action. I don’t understand. No one understands me. I just want you someone to listen. Most often people won’t understand why you do what you […]

grocery game monthly challenge

How A Grocery Store Scammer Gets Away With It : The Grocery Game Challenge 2017 #3 Sept 18-24

AWARENESS OF THE UNDERGROUND WORLD OF SHOPLIFTING AND THE COSTS TO CUSTOMERS AND RETAILERS IS NECESSARY   Scammers are a huge financial loss for grocery retailers across the country and unless there is an awareness most of it falls on a blind eye, at least at the consumer level. The past 10 years Mrs. CBB and I have worked hard to save money at the grocery store and scammers make it difficult for frugal-minded shoppers to keep up with increased prices and loss of programs aimed to help shoppers save. Is shoplifting an addiction? I guess it can be if the scammer believes they can’t stop or doesn’t know how to. The thrill and the savings becomes a hobby rather than a need. I was not shocked to find a 2014 Shoplifters Anonymous Tumblr blog based out of Toronto which shares stories and tips from scammers on how to get free stuff. It’s hard not to read it all because humans are naughty by nature and want to know even if they don’t want to participate. When coupons were the hottest thing going there were coupon men and women who became greedy and ruined it for everyone else. It may […]

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