Should You Have More Than One Income Source? : Our August 2017 Budget Update

MORE THAN ONE INCOME SOURCE DOESN’T MEAN YOU HAVE TO TRADE HOURS FOR MONEY PROVIDED YOU KNOW YOUR OPTIONS. Someone asked me the other week how I was going to adjust to having only one income source now that I’ve resigned from one of my full-time jobs. I responded by saying that it won’t bother me one bit, at least not right away. Why? I can finally breathe and try to get my life back on track because I felt like I was on autopilot for all those years even though I enjoy what I do. Thankfully we have income sources that earn us some extra income such as this blog and our retirement investments, but are they enough? That depends on how much money we’d like to make and without much effort. Unfortunately the blog does take lots of effort so we do have plenty of room for improving our income source options. Having more than one income source sounds draining especially when you’re already working full-time and any available overtime. Some couples only have one income source because either/or become a stay-at-home parent until their children are in school full-time. My mum did this while my father worked in […]

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 […]

grocery game monthly challenge

3 Ways You Can Have A Food Shopping List With Variety And Save Money : The Grocery Game Challenge #3 Nov 16-22, 2015

FOOD DOESN’T HAVE TO BE BORING   Having the same weekly food shopping list when we grocery shop is a part of our past. We’ve learned that we really don’t like eating olives every day if we don’t have to. These days we have plenty of variety in our diet and we owe it all to our grocery budget and a few other motivations that everyone should be aware of. I think most people buy the same foods out of habit because there’s no method to the madness of consistency in the kitchen especially if you have a busy schedule. Last week fellow personal finance blogger at Budget Blonde Catherine who is an amazing saver left the comment below on my blog post. Her words had me wondering if others create the same food shopping list every week because it’s cheaper on the grocery budget. I also considered that some people may want the same foods each week because they have recipes in mind that they’ve done over and over which saves time and in their opinion, money. I love to have some variety in my diet, but I’ve found that the more variety I seek the more money I […]

Should you be decorating and renovating when you rent?

WATCH WHERE YOUR MONEY GOES   Decorating a living space makes the space a more inviting place to enjoy for many people. They say the rich get richer and that may be true especially when we give money away when we simply don’t have to. We may not be literally handing over money at the time but the landlord where you rent will be all smiles when it’s not coming out of his pocket. Sure your landlord could potentially deduct renovations to the rental from his/her taxes but why bother if you’re paying for them out of your own pocket? We all decorate our houses from time to time when the need takes us or just a change of décor inspires us. Decorating and renovating doesn’t have to be expensive handmade screen printed wallpaper or exotic hardwood flooring. It can be as simple as painting and that is probably the best return on investment there is. Painting will brighten any room in the home instantly and give it that brand new feeling back. I’ve talked before about decorating your home and which renovations tend to be better than others along with which ones we’ve done to our abode. There is however […]

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