Bills Come First That’s How You Stay Out Of Debt : July 2018 Budget Update

BELIEVING YOU ARE FOREVER FINANCIALLY DOOMED IS YOUR EVIL   If you want to stay out of debt, pay your bills it’s as easy as that however for those of you who fall behind it becomes a game of catch-up. This is one of the deadliest financial games to be involved in because it can take months even years if at all to pay back money you owe for services you purchased or were provided with. Almost everyone plays the game because let’s be honest, we’re not all made of money. Unless you were born in a money pit you have to work for your cash and have bills like everyone else. This is what we call everyday-life and working for a living. I do it and it sucks (although I do love my job) but it has to be done or we suffer the consequences of falling behind with our bills, bill collectors calling and possibly bankruptcy. Not only that but factor in the mental and physical stress that comes along with financial struggles and you’ve got a hell of a mess happening. Money worries can take over your life fairly quickly. I also want to be clear that […]

The Poor People On The Other Side Of The Fence

YOU GROW UP QUICK WHEN YOU GROW UP POOR   Being part of the poor people gang was not something I realized I was part of until I understood what was on the other side of the fence. Just remember this story is through the eyes of what a child hears and sees and not as an adult where we can make decisions based on life experiences. Children see things far different. Back in the 70’s our family was very young and my dad had a decent-paying job in construction and my mom worked in retail for minimum wage. We were part of the working poor who made ends meet and lived pay to pay. There was just my younger sister and I at the time and life seemed as normal as it could be as we went on family vacation to Marine Land, Niagara Falls and African Lion Safari. Those were the good times, best memories but short-lived. There was nothing better than going on a road trip with my family that took us to theme parks where we could go on rides, buy junk food and just be kids. It was nice to see my mom and dad […]

I Act Poor You Act Rich, We’re Both Liars Until The Movie Ends

YOUR MOVIE STARTS THE MINUTE YOU CHOOSE TO PLAY THE LEAD ROLE   Have you ever noticed that there are people who have money but never talk about it and others who have nothing and boast about their wealth? Yes, me too and I believe the reasoning behind this starts with the person inside and the role they choose to play. Stop for a moment and think about what you would like your movie trailer look like when you look back on life? Your life is a movie and everyone’s watching but only the people who choose to watch and often it’s the people you wish would just fall asleep in the theatre. Sometimes we think more people invest in the person we’ve become than there really is. Just because you glam, frost or suit up doesn’t mean you’ll attract the attention you believe you should. In fact it may just see you waiting in line at the food bank for your next meal if you don’t wake the hell up. They say that to become rich you have to be making money in your sleep and that’s how it’s done. I know a few people who go to bed […]

5 Ways To Save Money By Using A Credit Card

CREDIT CARDS ARE MORE THAN JUST A BACK-UP PLAN!   There’s no doubt you need to be careful with credit cards. There are people of all ages throughout Canada struggling with credit card debt in the thousands or tens of thousands. And if you start missing payments, your credit score will be in danger, which will affect your ability to acquire assets and may even limit your employment options. However, credit cards are not inherently bad. Money mismanagement is, and the two don’t necessarily go hand in hand. If you are conscientious about how you use your money, you can actually save money by taking advantage of credit cards. Some of the better ones, even come with $0 bank fees and actual cash-back when you use them enough. Instead of battling to pay installments, you can live the lifestyle you choose without letting the debt ever get out of hand. There are multiple ways to save money using a credit card. These are 5 of the most effective.   1. Transfer your balance to a 0% APR credit card   If you are already carrying credit card debt, there is a simple way to get out of paying crippling interest. […]

Men, Women, and How They Think About Money

MONEY IS MONEY BUT ADD GENDER TO THE MIX AND THE MEANING BECOMES SOMETHING MUCH DIFFERENT.   Money is central to our existence and we all know it. We need, want it and got to have it. There’s nothing new to report here about any of that. It’s the basic reason we all get up every morning, battle the elements and the traffic, and hunker down at our jobs every day. Whether you are a Canadian or an American like me, there are differences between the genders. If you’re a man, you’re more likely to be coming home from work each day, unwinding and spending your time as you see fit. If you’re a woman, not so much. For as long as there have been people working outside the home, women have born most of the burdens of taking care of the home, kids, chores, and those kinds of things. When you look at the last 30 years of changes to our society, i.e. the big addition of women to the workforce, there may have been some changes in that old school approach…but not enough. Men still fundamentally think of women as the responsible party when it comes to family, […]

%d bloggers like this: