How to purchase the right home appliance the first time

stainless-steel-refrigerator-appliance

OWNING A HOME COMES WITH A PRICE TAG   Major appliances are a costly home purchase so when they go on the blitz it’s important to make sure you have emergency savings in the budget or potentially be left without until you can afford new or second-hand. My family has been shopping in the appliance market this last month and while it has been an interesting experience for all of us, I have a learned a few things to keep in mind for future purchases. Being my first time as part of the decision-making process while shopping for a new fridge and stove, I think I did pretty well. Buying new appliances should be easy right? While purchasing the appliances for my home was a fairly smooth process, what my mom endured while buying a new fridge for her kitchen was not so much.  Even after a minor shipping fiasco I am 100% satisfied with the customer service I received and the purchases made. Both my fridge and stove were to be delivered together but somehow they ended up on separate delivery trucks. After originally being told I would have to wait until the following day for my fridge to […]

How to get what you pay for when buying online

EBAY-xbox-one-online

DON’T REGRET YOUR PURCHASES   If you fail to take a few minutes to read over the small print you might just be surprised what you are actually buying. With the holidays fast approaching and many people scrambling to buy their Christmas gifts many people buy online, especially if they can score a great deal. We often talk about how we like to sometimes buy online vs. in-store whether from Kijiji or picking up the odd items on Ebay or Amazon but with that comes caution when spending our money. Buying online items is not something new and it’s well secure for the most part but what happens when the buyer is the person who is trying to scam you out of money even though it’s plain to see you are getting what you pay for. I was reading a Yahoo post the other day about a 19-year-old guy from the UK of all places who was hoping to get his hands on the new X-Box One that was recently released. He also has a 4-year-old child whom he stopped at nothing to make sure he was able to get the X-Box One for but he was duped at the […]

The power of plastic points

credit-cards-in-wallet

If you’re like most people, you probably have a wallet full of colourful plastic cards that are taking up space and making it harder and harder for you to close the clasp! If you look through them, you’ll likely discover that while some of these cards are useful credit and debit cards than a few are loyalty cards you just never use. It’s understandable how anyone can end up with such a collection. Practically every retailer offers a loyalty point scheme. At the time, it can be hard to think of a good reason to refuse and with a little effort, the points we collect with plastic can be worth it … as the following tips show.   Be selective   Before saying yes to every loyalty point card which is put under your nose, think about how often you shop in a particular store. Is it really worth the effort of filling out the application form? Think about where you would shop regularly even if you weren’t part of a loyalty scheme. Once you’ve identified these stores then take advantage of the schemes that they offer. On the other hand, if you only shop somewhere once in a while […]

Tic Toc… That’s the sound of your debt clock

tic-toc-urban-flav

DEBT AND TIME WAITS FOR NO ONE   We’ve heard it all before when it comes to debt especially from those people who are sinking and have no idea how to get out from underneath. Some people think that debt can build over time  like my friend Tony who had to pay back over $100,000 in debt, so it’s true. Debt isn’t all bad but recognizing that any money owed is debt and it’s a debt that needs to be paid back. Consequently you can also accrue debt faster than you can shake a stick at when you aren’t mindful of your finances. It’s just another reason I feel a budget is important for our financial health and what has helped us get out of debt.   What is debt?   We’ll keep this part simple and honest. You want to buy a mobile home that costs $20,000 and haven’t got the savings to buy it out right so you buy it on credit instead. Now you’re in debt, you are now obligated to pay for something you didn’t have the money for in the first place. There are two ways out of this, the first is to pay off […]

The costs of being too nice

Our Footprints Leave Our Mark On Life Is being too nice a bad thing? Only you can answer that question but for many people on the outside looking in the picture is crystal clear. Most often it’s quite apparent when you can see others who might be taking advantage of someone’s good nature although it may not be intentional it’s a dependency that happens because it’s allowed. Today my wife shares a bit about her mother growing up and how she was the go-to mom for all of her friends and for her and her siblings. I also talk about my best friend who is a one in a million guy, unique at best but certainly worth having around as a great mate and how his life is surrounded by giving up his time for his loved one’s. Mrs. CBB When I grew up my mother and father were and still are very caring people especially my mother who enjoyed hanging around with us and chilling out which no one seemed too worried about. I’m pretty sure my friends would wonder what was up if they came over and my mother wasn’t around to ask them if they wanted something […]

Reader question: Budgeting tips for low-income families

Budgets Do Not Discriminate The low-income budget question caught my eye as it’s not the first time I’ve been asked so here I am sharing my thoughts with all of you. It has been a while since I went into my mail bag and a few days ago one fans question touched me to have her reach out to me the way she has. Many people are in the same position as this reader so I hope I can shed a bit of light on the topic of budgeting and low-income families for those that are reading today. This is one of those touchy topics so please bear with me as I realize many people are struggling through tough times. Debt is debt, money is money, a budget is a budget. I know all of you have unique situations just like we do. I don’t claim to be a budget hero, just a guy who wants to listen and share what we do with our budget. Nothing is easy, we fail, we get right back up again. Dear Mr. CBB I’ve read your blog for a while now as I was searching for some family budget information and a sample […]

PF Weekly Grab a Brew 31: I don’t care about debt…push!

I’m sure you know someone who is deep in debt and shrugs it off like it’s no big deal saying they don’t care about debt. Sometimes I wonder how someone gets to that point but from another perspective I can understand how overwhelming debt can be for some people, myself included. Every one in a while we need motivation in our lives, and I’m here to share some of mine with you. Yes, when I bought my first condo that amount of debt and unexpected bills were piling up even though some people would say a mortgage is not a bad debt it loomed over my head. I’s not near as bad as having thousands in consumer debt that you just can’t pay off no matter how you accumulated it. Some people are comfortable paying the minimum payments until the bitter end no matter how much they pay in interest. It’s easier to close our eyes than to take the steps to iron out the wrinkles. 12 per cent of them — said they are comfortable carrying the debt and don’t intend to pay it off. The CIBC telephone poll that I read said “14% of Canadians won’t pay off […]

A parking lot scam for money gone wrong

There’s A Scam For Everything I know what you are thinking and yes there are such things as a parking lot scam and schemes thought up from the best and worst scam artists around. When we go shopping around here it’s normal to see someone sitting on the ground playing the guitar or some other instrument hoping to make a few bucks. In the past I’ve heard that’s just another way to earn extra money although some may think it’s a scam, especially if they have a sign that says they need money, but do they really? Who knows, if they aren’t approaching me I leave them to it and if I like the music I toss in a buck or two at least for the few moments of entertainment. It ends up being more of a judgement call at the end of the day, at least for me. I give someone credit for getting out there to share a skill with the world. What are the latest scams? I don’t know much about parking lot scams but I know that there is a scam for everything out there and we have to protect ourselves. The scams to avoid are […]