The costs of being too nice

Our Footprints Leave Our Mark On Life Is being too nice a bad thing? Only you can answer that question but for many people on the outside looking in the picture is crystal clear. Most often it’s quite apparent when you can see others who might be taking advantage of someone’s good nature although it may not be intentional it’s a dependency that happens because it’s allowed. Today my wife shares a bit about her mother growing up and how she was the go-to mom for all of her friends and for her and her siblings. I also talk about my best friend who is a one in a million guy, unique at best but certainly worth having around as a great mate and how his life is surrounded by giving up his time for his loved one’s. Mrs. CBB When I grew up my mother and father were and still are very caring people especially my mother who enjoyed hanging around with us and chilling out which no one seemed too worried about. I’m pretty sure my friends would wonder what was up if they came over and my mother wasn’t around to ask them if they wanted something […]

A Personal Story:Chores and Money Lessons Growing Up

Teaching children about money is one of the most important things a parent can do for their child. It has the potential to set them up for the rest of their lives as financially responsible adults, or if it is neglected, adults who just don’t understand why they can never get ahead financially. My parents taught me about money through household chores and this is how it unfolded. Parents, Chores and Money I didn’t realize it when I was younger, but my parents started teaching me about the value of money from a young age. It wasn’t your typical classroom style teaching experience where the teacher comes in and says – “Now Glen, you’re going to sit here and learn about the value of money. Pay close attention, because there will be an exam at the end of the week!”. No, it was a gradual learning exercise that started when I was a young boy. Each week my parents set out standard chores that I was expected to complete. Things like: Making my bed every day Doing the dishes and clearing the table after meals Getting the mail Taking the bins to the curb My remuneration for completing these chores was $5 a week allowance. […]

Maternity and Parental Leave Part 2: Budgeting

Maternity and Parental Leave Part 2: Budgeting Ideally, you’ve gone on maternity leave only after working for at least the minimum 600 hours (about 15 weeks full-time) in the last 52 weeks or since your last Employment Insurance claim. This will ensure you receive the current maximum payment at $447 per week. For many families, this means mom (and maybe dad later on) will be bringing in half of their previous income for a year unless they have a paid maternity leave or top up with their employer. In many cases, maternity leave benefits can be far less than half. Here are some ideas on how to budget for this change in your family’s finances. Plan ahead. If you’re pregnant, or just planning to get pregnant, now’s the time to go on a money diet and begin budgeting for a baby. Trim your budget and do your best to live off your projected maternity leave income. Save that unused income to provide you with a cushion during your mat leave, to cover some of the larger baby items, or to pay down debt. Don’t assume it will be easier to save more money when you’re not working, because you won’t be tempted […]