What It Feels Like To Have No Debt When Others Struggle : November 2016 Net Worth Update (+1.58%)

NO MATTER WHERE THE JOURNEY TAKES YOU FEEL THE ADVENTURES FOR THOSE WHO ARE NOT.   Do I know what it’s like to struggle financially and feel like I’m not going to get ahead? You’re damn right I do, but not the way you might be or someone else might be. Our struggles are our own but even then it can leave a lasting scar. Let me explain why and how I overcame these dark feelings and my importance to motivate others to feel their financial dreams too. I can’t remember a time during my teen years where having no debt was part of the equation in my day-to-day activities. Making money and saving it was what life was all about for me up until I bought my first flat at age 19. That’s when my financial radar kicked in and boy was it a shocker. Related: Was I too young when I bought my first property? It was then when I realized how debt could make you feel since I’d always paid cash for anything I needed. I don’t come from a wealthy family in fact most of my years were spent working to save for anything I needed, […]

Is Reducing homelessness by creating housing worth it? : The Saturday Weekend Review #121

Soldier Of Your Own Dream   I have always been intrigued about homelessness because I often wonder why it even exists in a country that has so many resources. There is no reason so many people are homeless for so long. It makes no sense to me unless they don’t want to be helped which is certainly a possibility if you’ve become so accustomed to a way of life. At the end of the day I’m sure it’s safe to say that we all want a place to lay our head that is safe and food that will fill our tummy and clothes to keep us warm. Did you know that homelessness costs the Canadian economy a whopping 7 Billion dollars annually and if that number doesn’t blow you away or push you towards tightening the budget, nothing will. In Canada, though the median length of stay in emergency shelter is approximately 50 days, most people are homeless for less than a month (29% stay only one night), and manage to leave homelessness on their own, usually with little support.- Homeless Hub Canada I often wonder what we are doing to try and combat the situation so we can get […]

How do you save money?

THERE’S ALWAYS A WAY   I want to learn more about the savings task that so many people struggle with. So tell me, How do you save money? We all tend to save money a little differently but for many reasons not necessarily for the long-term. Today I want to walk you through conversations I’ve had with a homeless person and a homeowner to understand how saving money differs depending on lifestyle.   Save money…. What is that?   So many people laugh when they read about saving money because they believe there is no such thing. This is a common mindset we have because we believe that if we don’t have excess every month then there is no possible way. Most people who do manage to save, find a way. There’s more to saving money than living frugal meaning you save money on sales etc. People easily overspend while simply shopping for food and other items on sale. That’s why the term “window shopping” is the best way to shop if you don’t really need to buy anything. Leave your wallet at home. Do we really know where our money is going?   A homeowners struggle to save money […]

Parents ask son to save money after they were homeless and poor

SAVING MONEY IS YOUR CHOICE   If you want to save money then don’t wait until things come crashing down and you need that money, do it now! Being homeless and poor is not something to take lightly because it happens all around us. For those who have survived and experienced this life many go on to motivate others how NOT to land themselves on the streets. Today’s fan question shares some deep secrets about the time his parents found themselves living on the streets with no savings and nowhere to go. It’s either the parents writing to me or their children because for one reason or another money is a big problem. It doesn’t matter whether you are a student or have a high-profile job if you don’t know where your money is going it’s your own fault when you don’t have anything at the end to show for it all. I’m not talking “stuff” either. I’m talking about cash and investments. If you earn money you should have some sort of system to save money and budget or in the least know your expenses and track them.   Life Choices   It seems from my experience with fan […]

Is paying off the homeless people the answer? : The Saturday Weekend Review #69

FINDING A NEW PLACE TO LIVE   Poverty and homelessness is a huge problem around the world but paying off the homeless people might not be the answer. Money especially in a big dose when you have none likely will be short-lived. The problems of being homeless will not be solved because the causes for homelessness are not being tackled. I was reading an article about the city of Albany in California who is going to give 28 homeless people $3000 to move out of living in what looks like a field to settle a lawsuit. It’s actually what used to be a landfill. What they want to do is turn the space into a regional park but they must first have all the homeless people vacate the premises. Money is the key, so they think. Although we may think money can buy us everything not all of those homeless people may be inspired to move for $3000.   Poverty   What is poverty? Everyone will define poverty based on personal experience, others experience or from what they read or think poverty is. The truth is poverty means that someone doesn’t have the necessities of life or the money to […]

Do we ignore the poor people? : The Saturday Weekend Review #67

NOT SHY TO SPEAK UP BUT EASY TO IGNORE   Many of us have a helping hand when it comes to helping the poor by donating your time by volunteering, fund-raising etc. I watched this video this morning called “F the poor” which I will share with you below but what is ironic in the video is how people react to a strong message and what they consider to be powerful words. When people are on the streets going about their daily chores and actually see homeless poor people asking for help many turn a blind eye. No one asks to live in poverty yet circumstances are sometimes beyond our control. Some people even shake their heads in disgust and have nasty words to say like, “get a job” or calling the poor “lazy”. Most often it’s the opposite and they’d do anything for someone to reach out or recognize them. It’s true though, without a job how can you make any money? I can’t tell you what life is like being poor as I’ve never been there and I won’t even try to explain to you what emotions some must feel. I’m sure their motivation has decreased and they […]

Is customer service affected by the clothes you wear shopping? : The Saturday Weekend Review #65

IS YOUR MONEY GOOD ENOUGH?   I think just about everyone has had someone turn their nose up at them while shopping. If you are the owner of a business with employees who shy away from customers because of their look you might be losing tonnes of cash. When I read a story about customer service and how you might not get service if you look homeless or dressed like you just went for a run true scenarios starting running through my head.   Time to shop   The writer called the Fashionista dressed down in gym attire to go shopping at some of the most prestigious stores to explore a Harvard study. This was where a doctoral student and two professors found that shop assistants in Milan found that dressing down meant more buying power. Meaning that dressing in casual or gym attire might score you the best customer service. So, armed with her gym wear and looking neat and tidy with make-up and her hair nicely kept the Fashionista and her friend Jeremy went shopping. Jeremy was around more to watch from the sidelines what was going on and he was well dressed. To be honest I would […]