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 […]

grocery game monthly challenge

5 Supermarket Annoyances That Cost You More To Buy Groceries : The Grocery Game Challenge 2016 #3 Oct 17-23

AVOID IRRITATING PITFALLS AND YOU’LL SAVE YOUR GROCERY BUDGET FROM EXPANSION   This week I wanted to focus on changes that grocery stores could embrace that would make grocery shopping easier so I’ve broken down some of the most common annoyances that customers face. Today when we buy groceries it has gone from something simple to a bit overwhelming at times now that we are parents. Over the past nine years of grocery shopping in Canada I’ve noticed a trend at every grocery store that I go to and that is marketing differs across the board. It becomes a tug of war between the shops and the customers and in the end all I ever see is a packed parking lot at Costco. We’re a country driven by convenience and it shows. No grocery store is alike even though they may offer similar rewards programs and the same products. Every grocery store needs to have a face and by that I mean they must stand out whether it’s in a big way or by multiple smaller reasons to herd the customers in week after week. That’s how they make their money or in part. You might not want to shop […]

grocery game monthly challenge

The Best Canadian Grocery Stores To Shop At : The Grocery Game Challenge 2016 #2 Mar 14-20

THE TOP GROCERY STORES IN CANADA ARE IN YOUR NEIGHBOURHOOD   There are so many Canadian Grocery Stores that it can get a bit confusing trying to figure out where to shop to get quality products while saving money to stretch those grocery dollars. Then there are shoppers who don’t care about saving money because they are committed to shopping at one grocery store even if they have to pay more money for products they can pay less for somewhere else. Related: Are you a grocery store snob? When I first moved to Canada 8 years ago I had no idea about Canadian Grocery Stores let alone where to begin shopping. Grocery store prices differ from shop to shop and with that comes differences in product quality and availability. Depending on where you live in Canada you may be blessed with local markets like the St. Lawrence Market in Toronto or St. Jacobs Farmers Market in St. Jacobs. Just about every nationality has a market/shop that sells products from the homeland especially in Toronto which is great to buy hard to find products for new recipes. Related: How to enjoy Gourmet Food on A Tight Budget Outside any city you […]

grocery game monthly challenge

5 Ways Price Matching Can Significantly Lower Your Grocery Budget This Year : The Grocery Game Challenge #4 Dec 28, 2015- Jan 3, 2016

ALWAYS FIND THE BEST PRICE   Many stores have a price matching guarantee which means if you’re not taking advantage of this wonderful money saving tool then you’re throwing money out the window. Don’t believe me? You are because what takes a few minutes of your time might take you longer to earn the money you are splashing without cashing in on the savings. Prices hardly ever go down on groceries these days and with produce prices going up in 2016 consumers better start thinking about how their grocery budget will be affected. Have you seen the price of cauliflower these days? One head runs from $5.99-$8.00 at some grocery stores. My wife wanted me to buy one for her but I’m not “Splurging” on cauliflower when it was $0.99 in the summer. She can wait to indulge when it’s cheaper. If spending money on food is not a big deal to you then you probably won’t care but you likely wouldn’t be here reading this in the first place. If you are critical about the money you spend in your grocery budget or you’re trying to get back on track with your spending you should learn about price matching. […]

grocery game monthly challenge

Are you supermarket loyal?-The Grocery Game Challenge Jan 20-26, 2014 #4

SEE YOU NEXT WEEK …INSERT NAME _____.   Being supermarket loyal sure does exist. In fact one of my wife’s friends who is single doesn’t even go to the traditional supermarket. What she does is she goes to a local produce store which also has full section of pre-made meals. The best part is she can walk to the shops from her apartment which is also a bonus for her. Transportation reasons is a perfect example why some people may be supermarket loyal simply because it’s easier to shop there than going to another store further away and having to find an alternate means of transportation. She told my wife she has no need to go to the big box grocery stores when she hardly cooks and the pre-made meals are perfect for her. The store has everything else she needs including milk and conveniently a bakery right next door so being supermarket loyal to her means that she has everything she needs in one spot even if it’s a few shops next to each other. I’ve come to realize that everyone is unique when it comes to grocery shopping habits based on what their own personal needs are. Not […]

The Saturday Weekend Review #52: Should all computer pricing errors be honoured?

TO HONOUR A PRICE OR NOT   We’ve talked about pricing errors before here at Canadian Budget Binder which is essentially either a glitch in the system, human error or simply a price not being changed properly. Earlier in November I talked about an online glitch for Wal-Mart but they did give back to the customers in question with a $10 gift card. In Canada we call this the Scanning Code of Practice (SCOP) which most stores follow such as Wal-Mart, Shoppers Drug Mart and No Frills just to name a few. The short story is if a price scans higher than the shelf price you get the price free up to $10 or a $10 deduction from the price if it is over $10 in cost to you, provided the store participates in the program. Sounds great, and it is as long as you are aware of SCOP which sadly, many people are not. I was reading a story on Yahoo this morning about a computer glitch for Delta Airlines apparently caused by a junior programmer. Prices for first class flights were being offered at prices that no one could refuse and they were being snatched up and fast. […]

grocery game monthly challenge

The Grocery Game Challenge Nov 4-10, 2013 #1: Holiday baking on a budget

HOLIDAY COOKIE SMELLS FILL THE AIR The holiday season is fast approaching and whether you buy cookies or enjoy baking cookies some of the best cookie recipes may cost your holiday baking budget some cash if you don’t plan in advance. With less than 2 months until the festivities there’s no better time to get baking than the present. If you wait until the last-minute you might find you get overwhelmed with having to shop for gifts, plan a dinner, getaway to the relatives, work and friends Christmas parties and then bake on top of it all. Some of my favourite Christmas cookie recipes that I like to bake and to eat are the butter cookies and the sugar cookies both of which are fairly inexpensive to make with butter being the costly baking ingredient. Making sugar cookies from scratch are probably one of my favourite cookies to make because it reminds me of home. My mum used to make shortbread but the butter, sugar and shortbread cookies all taste the same with a bit of difference in texture. This past year I posted a few of our favourite holiday treat recipes such as chocolate peanut butter balls, coconut balls […]

PF Weekly Grab A Brew #25:The Box by No Frills a smaller discount-store experience

Loblaws Ready To Help Canadians Save More  A few weeks ago Calgary got its first taste of a smaller discount-store experience with the opening of The Box a No Frills store. From reading the CBC article the new store stands at 10,000 sq ft compared to the big daddy No Frills stores at 25,000 sq ft. My understanding is that Loblaws which is Canada’s biggest grocer is testing out a smaller version of the larger No Frills stores to see if it meets the consumers needs in urban areas. I’m betting consumers will put this new store to the test wanting discounts and low prices just like they do any other store. It’s not going to be any different for those who want to save money so if the prices aren’t right they might just head else-where. What is an Urban area in Canada?  According to Statistics Canada, an urban area in Canada is an area with a population of at least 1,000 people where the density is no fewer than 400 persons per square km.- Wikipedia Loblaws already has over 1000 grocery stores from coast to coast but changing up the retail space and paring down what they sell might make a difference […]

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