6 Ways to Give Back Without Monetary Expectations : The Saturday Weekend Review #134

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ANYTHING TO SEE SOMEONE SMILE   One of the hardest things for people to do is give something away for free that they worked hard to pay for or their time. We see it happen over and over how some people will cling to every last dollar they earn or possessions they have and other people who just give back. Here’s the thing though, if you want to give back it doesn’t have to be monetary in nature. You don’t have to give up your favourite toys, clothes or furniture to give back. So, yes you can do things to make other happy without digging into your bank account.If you can give back by donating stuff that’s great but it’s not necessarily the only way.   Give Back without hesitation   My wife used to be this way, but she is slowly changing where she comes up with ideas of ways to help others, mainly through donations. My wife had the one-track mindset of just working and saving money. It wasn’t about anyone else, but her. This has changed over the years dramatically. She doesn’t think twice about giving away things we no longer use for free instead of asking […]

Senior shares trick to save money for retirement in three words : April Net Worth Update 2015 (+1.14%)

MONTHLY NET WORTH UPDATE

EMOTIONAL CONNECTION TO MONEY   We all want to know money saving secrets and this past week I learned something from a witty senior that will help you save money, although it may not come as a huge surprise to you. Do you feel stress coming on when you have to dip into your savings? We do at times because we aren’t getting any younger and know that life as a senior citizen can be difficult especially if you don’t have the funds to back up the lifestyle you need or want to live. There are people who are happy living from the Canada Pension Plan which is by the way max $1065.00 (2015) a month at age 65 but will it really be enough? Jim Yih at Retire Happy says, “Don’t count on the maximum” either when he talks about how much CPP will pay us in retirement. You would think with $120,000 savings that we have in the bank that it would be easy to spend money but it’s not especially after you know it may decrease your overall net worth and set you back a bit from attaining your retirement goals. This is why we budget and […]

How do you save money?

how to save money homeless man

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 […]

How sleep deprivation causes us to spend more money? : The Saturday Weekend Review #90

sleep deprivation summer flowers

TIME TO GET SOME ZZZ’S   There’s only so much coffee and tea that I can drink to keep me going before sleep deprivation takes over. Sleep deprivation effects can be serious whether you are behind the wheel of your vehicle, at work or doing something that could potentially cause an accident and injure yourself or someone else. There is also something else that lack of sleep may compromise and that’s your budget if you allow it to.   Sleep patterns   Not sleeping enough may cause you and I to spend more money because when you are tired you just want to go to bed and sleep which means saving money might not be at the top of the priority list. These days daytime sleepiness has found a place in my life even though previous to my new sleeping routine I was used to working long hours with odd sleeping patterns. Whether you have trouble sleeping at night due to insomnia, late-night work hours, illness or like us have a newborn in the house being tired can take its toll on your budget. Our sleep patterns are now in sync with our newborns sleep patterns which means we sleep […]

How to grow your own fruit at home

fruit tree apple

HOME-GROWN FRUIT U-PICK   Many people enjoy going to the market to buy local produce but what’s even better is growing your own fruit trees and vegetables at home if you have the space to do so. Although you can easily buy fruit trees at your local garden centre, understanding how to properly plant and care for them takes a bit of research and sometimes trial and error. Growing up on the farm I was lucky enough to enjoy eating homegrown fruit from fruit trees such as crab apples, pears, bushes of elderberries, grapes, blackberries, currants and raspberries. They were all easily accessible and enjoyed by my family and our grandparents. My grandma made many elderberry pies over the years that we had the pleasure of eating. Having the opportunity to pick fruit from our own backyard is like nothing else and you certainly save money. The only drawback was the mess that some of them left behind, particularly the larger fruit trees. The beautiful flower blossoms add some vibrant colour to the spring landscape but once they begin to drop their fruit and leaves the mess and clean up begins. Cleaning up the fruit and leaves can not only […]

How to be your own money manager

Money manager

MONEY MANAGING IS PART OF LIFE   Becoming your own money manager is something that you should get used to especially if you plan to live as debt free of a life as possible. I talked about the Money Box a few days back and that’s really where my passion for finance was born and the money manager in me came out. Learning about finances is not so bad when you are watching television, reading the paper, online posts or even in magazines as long as it’s not about you. Many people don’t want to learn about their own finances because they don’t want to know how far in debt they are and for some people, they simply don’t care about money. They could care less if they have to claim bankruptcy over and over again. You may think it becomes a game when bankruptcy becomes the norm and to be honest if you can’t control your spending you really need to seek help. Bankruptcy is not always the answer to the problem it’s more of a band-aid approach to solve the stresses of bill collectors knocking on your door. I know a couple at work who had it all, […]

grocery game monthly challenge

Is one cent a grocery price savings? : The Grocery Game Challenge #1 Mar 31- Apr 6, 2014

coupons April 2014

DEAL OR NO DEAL?   Pack it in for the one cent day coming to a grocery store near you. Now if it were the million dollar penny that might be a different story but it’s far from it. We always have our eyes peeled on grocery prices when shopping but this was one deal that had us a bit stumped. Now normally a good deal is too good to miss so when I saw this latest deal I was more than a little confused. It’s not only grocery stores posting one cent savings we’ve seen it on Facebook with airline bookings as well. While out shopping with my wife at the supermarket I came across a deal that looked strange to begin with. The small pack of donuts in the picture above were originally marked for $1 but there was a one week sale on that no one could resist, What was the deal? Well it’s clear from the photo that you could save a whole 1 cent. Wow I hear you cry, that’s not a particularly good deal at all. That’s what initially thought until I got thinking about and then realized that there is NO DEAL, or […]

Does having debt mean you have too much money fun?

Money fun

FUN MONEY STILL COSTS YOU   Having fun and having debt is no laughing matter but not everyone sees debt through my eyes. Sometimes debt is just a piece of paper that comes in the mail for someone who says oh look it’s gone up again and heads out for a night on the town. My theory is you need to earn money before you can play the cash out game depending on what you are spending it on though. Keep in mind not all debt happens because of having fun. Debt for some might mean they go to the grave owing people money and they don’t have a care in the world. Those are the people who live in that financial la la land that I talked about earlier. Learning about money saving habits and paying off debt first is not easy for some people and for others it’s a no-brainer. My friend at My Money Design talks about why it is important to save money and now and when he says “because things will happen” he’s nailed it. Not only do things happen most of us will continually want more stuff over the course of our lives and […]

grocery game monthly challenge

Do full-price items make it into your grocery cart? : The Grocery Game Challenge #3 Mar 17-23, 2014

full price grocery shopping

YOU ACCEPT PRICES OR YOU DON’T   Grocery shopping for full-price items makes us cringe but the reality is in some cases you either accept the price or you don’t buy it. At the end of the day it’s either you can afford it or you can’t. If you can’t you don’t buy it and find a cheaper alternative or knock it on the head altogether, if you can. Should I or shouldn’t I? Sometimes when I see people staring at a product in their hand I wonder what they are thinking to themselves. Let’s face it we all talk to ourselves when we grocery shop, admit it. Is this good for me? What are the ingredients? How many calories? What does it cost? Or should I buy it or not? I often think questioning purchase price is the burning question in shoppers minds when they are holding products with a confused look on their faces. Who knows? Many times we convince ourselves that we will find it cheaper even if we have rumbled through the sale flyers for the week. We know that it might mean going from shop to shop looking for an item on sale. One product […]