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 […]

Retiring Early Should Never Be Expected : April Net Worth Update (+0.97%)

RETIREMENT AGE IS JUST A NUMBER NOT THE FINISH LINE   Retirement Saving is not easy for many Canadians especially if they are living pay to pay and have a high debt load. Retiring early is a nice dream of flowers and freedom for many of us but the truth is that it should never be expected. How can you save for retirement if you’re living pay to pay, week after week, month after month, year after year. Well, there are ways but you must be willing to spank your finances back into action. This means taking control of the way you spend, save and view the way you should be living in comparison to what you can afford. A budget is what got us started.   Some of the best retirement plans just look good on paper   I remember when our financial advisor told us that we had average retirement savings for our age the wife and I just looked at each other stunned. He said he has clients our age with much more and others with hardly anything at all but that we had a good head-start in the race to retiring early if we wanted too. […]

I’m Not Spending A Dime On My Wife For Mother’s Day : The Saturday Weekend Review #171

  REACH INTO YOUR HEART AND PULL OUT LOVE NOT MONEY   Now that my wife is a mother and I’m a father we have become part of the Mother’s Day and Father’s Day elite but both of us have chosen not to budget any money for these special days and I’ll tell you why. Everywhere I turn there is another store sign, flyer or online advertisement for Mother’s Day must-have gifts such as Jewellery, Trips, Candle-Lit Dinners, Fresh Flowers, Hand-made chocolates, Day at the Spa. I’m not against any of these extravagant Mother’s Day gifts but to me it seems to take away from the purpose of the day, to celebrate our mother. Not everyone has their mother with them but they are still celebrated with memories and a deep love from with-in the heart. These are some of the ways we need to celebrate Mother’s Day, not lavish gifts. Certainly you could do both but there are plenty of ways to say I love you Mom that doesn’t have to cost you a small fortune. When is Mother’s Day? This year Mother’s Day is on Sunday, May 8, 2016 in Canada. My wife is simple and frugal which […]