How To Overcome The Emotional Effects Of Debt Guilt : June 2018 Budget Update

DON’T LET THE EMBARRASSMENT OF DEBT KEEP YOU FROM REALIZING YOUR FINANCIAL DREAMS   There are consequences of owning debt and for 30 year-old Margaret who is feeling the emotional effects of debt guilt there are things she can do to get over this hurdle. Margaret isn’t the first person to email me about debt guilt and even myself at times felt guilty for owing money and had to pay it back as fast as possible. I remember the time my mom and dad gave me $5000 just before I moved to Canada. My house hadn’t sold yet and my money was tied up in my house equity and I needed to pay for Canadian Immigration documents, applications for permanent residence, medical assessments, flights to Canada, shipment containers and so on. The money my parents gave me was helpful and the first time I’ve ever borrowed cash from them in my life. They knew I’d pay them back as did I but boy oh boy did I feel stressed that I had to ask them for money. I’ve since overcome that guilt because I’ve learned that our bodies all react differently to certain situations. Since I was the kid who […]

5 Point Checklist For Hosting A Successful Moving Sale : The Saturday Weekend Review #233

NOT ALL SALES ARE EQUAL ESPECIALLY WHEN SELLING YOUR BELONGINGS.   Whether you’ve lived in a house for one year or 25 years you will accumulate stuff that gets shoved away in a dark corner and collects dust. We all do it unless you’re an extreme minimalist which wouldn’t be so bad for some people who can’t stop shopping for stuff to fill up their home. It’s after you are ready to move house and de-clutter for your first moving sale that memories and things start popping up. Then you have to make decisions about these items and sometimes selling or donating memories can be the hardest thing to do. Two questions pop into my head when I find stuff I haven’t used, we haven’t used or won’t use; Did we spend our money to buy it? Should we sell it or donate it? If it wasn’t our money then we don’t have to worry about a loss because we didn’t fork out the cash for it. Do you sell the stuff or do you take it with you? This is a question you need to ask yourself or sit as a family and discuss before even beginning to think […]

Stay at home new mom causing financial strain and marital upset

LIFE CHANGES WHEN THE STICK IS POSITIVE   So many people get divorced after having kids and now I know why, parenting is not easy but 110% worth the effort. I don’t think there is anything that could prepare you for becoming a parent, not even having lots of siblings. When we found out we were having a baby we knew that our lives were going to change, including our finances. My wife also knew that she was going to be a stay-at-home new mom and feared not knowing other moms to hang out with. Over the past year she has met plenty of other moms on social media, at the park and other community events. She says it’s getting easier but she does miss getting out whenever she is inside for a few days at a time with our son. These days we tend to do lots together as a family which helps our relationship to grow and our son build a bond with the two of us. Mrs.CBB is a people person so it’s important for her to get out of the house to keep her spirits up even though our son is the light of her life. […]

Making extra cash with a part-time job: May 2014 Net worth update (+1.15%)

LIFE CHOICES AREN’T ALWAYS SIMPLE   It’s been one of those months for me where I’ve worked non-stop and although I’m making extra cash it’s been a month of exploring options. The good thing about our net worth update this month is that we no longer have a mortgage which is a great feeling on its own. We are also faced with something that we’ve dreamed about for many years and that’s the freedom to do what we want with the extra cash that we have. My parents purchased homes with extra money they had and now those homes are fully paid and rented so a nice portion of the rental income funds their retirement and maintaining the homes. It’s nice to see that my parents are secure financially in their retirement years and are able to travel throughout the year to destinations we could only dream of. They earn more money retired than they did working, go figure that out although they still work part-time together while they are not vacationing although they don’t consider house-sitting as work. I guess it gives them something to do which is great for them. I’m not sure if we’ll be following in […]

Summer Jobs For Students: Tips For Finding The Perfect Job

By: Katrina Now that school is over, at least for College and University students, it’s time once again to find those perfect summer job opportunities.  For the majority of students, the summer means 4 solid months of money-making time that should not be wasted. So, what can you do to make the most of those months to save up tuition money and expenses for the following school year or to start paying down OSAP loans or other school debts? If you are University or College bound prepare your finances now rather than later because money can mount up fast when you don’t have a plan. It’s also a great way to plan ahead for your student budget before heading back to University or College if you know how much money you have earned over the summer months. Below are some tips that I’ve learned over the years which worked for me or others that I know to find summer season jobs to make money. Don’t be afraid to put yourself out there, after all most employers are looking for employees that are creative, go-getters and want to work hard for their organization. Seasonal Jobs Many landscaping, painting, and window washing companies as […]

%d bloggers like this: