Top 3 First Time Home Buyer Mistakes!

Top 3 First Time Home Buyer Mistakes Everyone who has bought a home has been through it, the scary, nervous time of learning a new language, relying on strangers you don’t know and making massive decisions you are sure will ruin your life.  All this while getting opinions from everyone you have every known whether you want them or not! Despite all this there is an upside…you also get to have you own home! In the hope of helping those who have not gone through this “rite of passage” to home ownership, I want to share with you some of the most common mistakes people make and how to avoid those yourself. #1.  Most people don’t work out what their budget is. You are on reading this here on Canadian Budget Binder, so I am sure you have done one by now, but you would be shocked how many people are not even aware of what they can afford, let alone what their plan is, other than wanting a home.  A detailed budget and plan of potential costs is a must to start this journey.  Staying with it is a key to living happily ever after! #2.  Little or no […]

Canadian Credit Cards Can Provide Some Great Perks! What’s your cup of Tea?

Is there any mystery as to why some people were not meant to own a credit card? When I talk to most people about debt they tell me that it’s the fault of the credit card they carry in tucked in their wallet. They fail to recognize that the card isn’t doing the shopping, it’s them. It’s reality that a credit card is sometimes a necessity to book a hotel, rent a car  or use paypal and other on-line frequencies. If you don’t have one the consumer hears , you are not privy to use our services or we don’t know if we can trust you.  It’s like a gold ticket for these retailers, you mess up, they have your number. If you credit score isn’t up to snuff you might find yourself  lagging your mates who are able to capitalize on all the perks a credit can offer. What is a Credit Score? According to Industry Canada a credit score is a judgement about your financial health at a specific point in time. You can check your credit score for free once per year.  You are rated on a scale of 1-9 where a 1 means you pay your bills within 30 days […]

Canadian Students College or University Bound Prepare Your Finances NOW!

I remember when I was a young bloke and on my way to University the world was in the palm of my hands (so I thought).  I truly believe I had my head on straight back then and today given the way I continue to pay myself first. That doesn’t’ ring true for most of my school mates, at least what I witnessed even here in Canada. I went back to school for 5 years and learned that debt is debt no matter  what country you live in. Most of my mates who did work while attending University simply blew the money on pints of beer down at the pub and buying crap they didn’t need. I was a simple guy who just wanted an education and a good career. Before cutting the umbilical cord from me mum and dad to start what would be a journey of reality I set some clear goals for myself. I knew I didn’t want to come out of school with any debt. I was young when I started to learn about the value of money so this was a must. I worked on weekends and in the evening to save money for University. I […]

grocery game monthly challenge

The Grocery Game Challenge April 16-April 22- Deals, What Deals?

I had to make a last-minute edit to our prior weeks shop which you can see at the end of the post.  We did a late night raid at  Zehrs yesterday to pick up some of the cheapest milk I’ve ever seen. I’m sure I will be back for more and we freeze it and take it out as we need it. This week might just end up being a stock up week and some vegetables. I might even venture into making bread land this week but still am so leary. I wish I had someone to hold my hand through the process. Recap last week! So we had underspent the week earlier and had +$21.11 left after the last shop this week – $10.12 = +11.32 left still in the budget along with $64 =$75.32 for the month to go!! We still have a shop free week so we might actually pull it off this month who knows! There seems to be a secret 20x event at Shopper’s Drug Mart but since we are stocked on milk we might stay away. Posting our budget and shop has made a world of difference to the money we spend. Last year […]

“Paid By Cash”- A New Ring For A Canadian Firefighter at CFB Edmonton

By: Heather Ferarr Mark and I got married in August 1996 at CFB Moose Jaw and purchased our first wedding rings at Consumers Distributing.  If you are too young to remember Consumer’s it was a shop you could go into and they had catalogues where you could pick items you wanted to order or pick up.  It was quite handy and convenient in those days.  Consumers Distributing has since went out of business so those days are gone with computers and new technology brings a new era of on-line shopping. In the 80’s  it was a big deal to place an order from the well-known catalogue especially at Christmas time. Now we raise the roof to find a deal on-line without leaving the comfort of our home. My husband Mark is a fire fighter with the air force and his profession has turned his wedding band into something less to desire. Mark is currently stationed at CFB Edmonton and our house has yet to sell here in Rural Nova Scotia. It has been on the market for one year now in hopes we sell to move closer to his work so we can all be together. I will be going to Edmonton in May to visit […]

grocery game monthly challenge

The Grocery Game Challenge April 9-April 15- What’s In Your Bags?

Last Week we came in under budget spending just $32.50 that’s $31.50 less than we could have spent. It is now Wednesday and we still have had no desire to go out shopping however we do need a few staples. I think going to the relatives for Easter has set us back a bit this week. Yes that means we ate too much and food has been the last thing on our minds! I’ve posted a couple of new handy Tools for you in the Kitchen which you can print for free. Pantry List Kitchen Needs List Freezer Inventory List I’ll keep you all posted of our weekly Grocery Shop by updating this post as we shop.  This week we can spend $64 + $31.50 for a total of $95.50. Here’s Our Weekly Shop We decided to go “Pink Sticker” shopping last night and here is what we bought! Zehrs 1x Glade Sense and Spray Reg $8.04 sale 50% pink sticker =$4.02-$4.00 =$0.02 Almost free there were loads but we didn’t have any more coupons 🙁 Sponge Towels Sale $3.99-$1.00= $2.99 Coupons Used $1.00 Total Oop= $ 3.99 We also picked up 6 Jugs of Saf- T- Eco Salt for Winter […]

Help Stock My Pantry To Save Money And Make Healthy Meals?

A fully stocked pantry is a happy kitchen. We love “Reader Questions” at Canadian Budget Binder and sometimes ask our fans on Facebook for their input.  When we put together our shopping list for the week we aim to purchase the staples that will help us build healthy, flavourful meals. The most important part is making sure we stick to our grocery budget so we plan our meals around flyer specials of the week. There are so many meals you can create as long as you have the staples in your pantry. If you ever thought which is better store bought or homemade  while considering cost it’s almost always homemade in our books. So, today’s question comes from Nicola Don. Question: What staples should you have in your pantry at all times? FREE Tool: I’ve even made a handy Canadian Budget Binder Pantry List for you as well! Just click save and print. I opted to use a lifeline and asked my Facebook  community of savers what they could come up with to help Nicola and for others starting a pantry stock-up. I always like to encourage people to limit eating out and eat at home  for budgeting and health reasons. Eating out all of the time […]

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