Why The Financial Super Can’t Solve Your Debt Problems : February Net Worth Update (+1.34%)

IT’S TIME TO CLEAN UP YOUR FINANCIAL HOUSE AND GET ON WITH LIVING.   If you have outstanding debt then you have debt problems however not all debt puts a consumer in crisis mode. If all you can afford is the minimum payment on your bills ask yourself if this is the life you want? If you answered yes then be on your way and do as you please. Just don’t be surprised if you get to point B (Bankruptcy) when everyone else is celebrating their debt problems with debt wins. You are the only person that can solve your debt problems but along the way you may just run into someone who is willing to lend a helping hand or even an ear for listening. I like to think of myself as The Financial Super to many of my readers. This person could also be family, friends, a boss, co-worker, stranger on a bench or even a crazy Brit personal finance blogger like me.   Don’t feel sorry feel strength   If you answered No, then great you’re the person I want to talk to today. No one likes to have debt problems that have spiraled out of control […]

5 Simple Money Rules We Live By To Stay Debt Free

Working Hard To Pay Off Debt May Be Challenging But Staying Debt Free Is Smart Money Management.   If you start by reading this post believing that you will never become debt free not only will succeed but you’ll also carry the burden of debt with you wherever you go. Creating Money Rules are not just for people who are debt free but they are for everyone. It’s important to stop being so negative and start believing that you can pay off debt, save money and become financially free. How else do you think people slay the debt dragon? That’s right they do it by themselves. An email from a reader prompted Mrs. CBB and I to reflect on our life of debt freedom that we achieved just over 2 years ago when we burned our mortgage papers in the back garden. It was a party of two adults carrying on like kids while grilling steak, drinking beer and listening to music. Our lives were about to change but there were no maids, drivers, mansions, private jets, gold credit cards and unlimited sources of income on the agenda. What we were left with was a clean money slate waiting for […]

Stop Blaming The Government For All Of Your Debt Problems

DEBT= Don’t Ever Buy Things On Credit   Debt for most Canadians is still a reality and likely will be for a long time unless something changes but not necessarily from a political aspect but a personal one. Is the Canadian government to blame for all of our debt problems or should we start taking responsibility for the way we are spending and saving money? The past few days I’ve spent what little free time I have in between working 7 days a week, family responsibility and blogging to catch up with what’s happening in the world of Canadian Finance. With the internet flooded with resent for the Wynne Liberal government who are under fire right now especially with the increase in hydro costs that are creating energy poverty for Canadians who simply can’t afford to pay these price hikes. Our hydro has more than doubled in the past year and our habits have not changed which means we continue to be conscious of utility usage. What’s even worse is there are plans in the works to phase out natural gas, homes will need an energy audit when put up for sale and renovations based on energy efficiency. This is […]

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