Twenty Year-Old Father Taught Me About Financial Responsibility In 30 minutes

I DON’T WANT TO BE BROKE LIKE MY PARENTS WERE WHEN I WAS YOUNG   Financial responsibility follows you for life and one young father shares his life plans with me and with two powerful words “He wants” becoming the driving force behind his journey in all aspects of life. Have you ever asked yourself, “What would you do differently if you could go back in time?” I have, and knowing what I know now there would be some changes to the way that I save money, earn money and invest it. My life was automated because I was so focused on school and working that even I may have paid more than I should have at times. Financial Responsibility was nothing my fellow University friends would think about while in school. It was no big deal to blow money down at the pub or to take a girl out on a lavish date with all the trimmings. Money was no object when it was given by the bank of mum and dad. When I was in my early twenties I bought my first house then sold it to buy a bigger house. I wanted in the real estate game […]

grocery game monthly challenge

10 Breakfast Ideas That Are Budget-Friendly : The Grocery Game Challenge #2 Nov 9-15, 2015

THE MEAL OF CHAMPS   We’ve all heard that eating breakfast is the most important meal of the day but for many people we let the busy morning get the best of us so we skip it. Everyday there are school breakfast program advertisements on the television because without breakfast it’s hard for kids to concentrate. The same holds true for adults which is why we need to eat a balanced breakfast in the morning. I’m probably one of the worst breakfast eaters since our son was born but I’ve been working on changing that. With a busy morning I am that person who puts my needs aside to help take care of everyone else. Typically grabbing a coffee in the morning would work for me but now I’m reverting back to my old ways where breakfast is king. I want our son to realize how important it is to sit around the breakfast table in the morning and why it’s important to get up early to do so. While grocery shopping, I always go down the cereal aisle to see what bargains we can find. Buying cereal used to be a big deal in our house when coupons made […]

Stay at home new mom causing financial strain and marital upset

LIFE CHANGES WHEN THE STICK IS POSITIVE   So many people get divorced after having kids and now I know why, parenting is not easy but 110% worth the effort. I don’t think there is anything that could prepare you for becoming a parent, not even having lots of siblings. When we found out we were having a baby we knew that our lives were going to change, including our finances. My wife also knew that she was going to be a stay-at-home new mom and feared not knowing other moms to hang out with. Over the past year she has met plenty of other moms on social media, at the park and other community events. She says it’s getting easier but she does miss getting out whenever she is inside for a few days at a time with our son. These days we tend to do lots together as a family which helps our relationship to grow and our son build a bond with the two of us. Mrs.CBB is a people person so it’s important for her to get out of the house to keep her spirits up even though our son is the light of her life. […]

grocery game monthly challenge

How To Adjust Your Grocery Shopping List After The Kids Move Out : The Grocery Game Challenge #1 Sept 7-13, 2015

TIME TO FINE-TUNE YOUR FOOD   Your grocery shopping list will need some adjustments now that your children have left home whether it’s for school or to start life on their own. Budgeting household expenses is one of the biggest changes you will have when the kids move out apart from less noise in the house. When the kids are finally gone you have to back-track to the days when you had no kids. It will take time for this new adjustment so don’t get upset if you don’t knock it out of the park the first month or two. I bet you can remember all those days you were scrambling to make lunches at the last-minute because you forgot the night before. Your pantry and refrigerator were filled with foods that you could whip up in a flash because time was never on your side. We found that after our son was born everything we did was at warp speed where before we had just rolled along peacefully. Those were the days. Parenting is hard-core work and with that you need to be organized especially with the monthly household expenses including the grocery budget. Now that we have a […]

grocery game monthly challenge

How To Take A Baby Grocery Shopping Successfully : The Grocery Game Challenge #4 July 27-Aug 2, 2015

A NEW WAY OF SHOPPING   Congratulations new parents! You have to eat so unless you have someone else doing your grocery shopping you need to learn how to take your baby grocery shopping. Parenting…my goodness where do I begin? It’s one of those topics that NEVER ends. When it came to grocery shopping we wanted to know how to bring our baby shopping without pulling our hair out. For many new parents their new lives can be overwhelming with everything from bringing the baby home for the first time to bringing baby outside into a world of chaos and harmony. Many parents focus on germs, illnesses, feedings, diaper changes etc. when deciding whether to venture outdoors but the worst thing you can do is stay indoors all the time. You can still have lots of giggles and kisses outside as you can indoors. One of the most nerve-racking places parents worry about going is to the grocery shopping or shopping in general. Bringing your baby grocery shopping doesn’t have to be stressful so don’t let every comment you read on the internet scare you into hibernating indoors and ordering in until your baby is a toddler. After years and […]

Parents downsize to $400,000 small house and kids are embarrassed

LIFESTYLE CHANGE IS NOT EASY   Downsizing to a small home can be a struggle from finding the right home to selling what you no longer need.  You might also find there is opposition from others that live in the house about moving to a not as “posh” area as we will learn today from one couple. Downsizing is an interchangeable word where it can be to sell a large home to buy a smaller one or simply to get rid of something or stuff that you no longer need. My parents did just that but it was after I moved to Canada. They were living in a 3 bedroom home in the UK and once my parents were near retirement they decided to rent out the home, downsize and buy a caravan. The caravan is custom trailer that looks just like a home on the inside with all the amenities minus all the maintenance. There is a bit of work to do but not near as much as my parents had in the past. My mum and dad took all the belongings they didn’t need any longer and sold them at a car boot sale (a.k.a garage sale). The […]

Is Parenting easier when you are considered rich? : The Saturday Weekend Review #125

MONEY DOES NOT REPLACE LOVE   Parenting has only partly to do with money and everything to do with love and a desire to be the best parent(s) you can be. We’ve talked about the definition of rich and how it has different meanings for everyone in the past on CBB. For most people we associate “rich” with the rich and famous A-listers, musicians and famous people like the Kardashians. There are also rich people worth millions who aren’t famous and those who are rich because they don’t have much to worry about financially with all of their bases covered. Rich to some people may also be someone who has a great career, who owns a home, a car or even someone who has no debt. The dual-income family may also fall into this category. In other words if you have cash to spare and no debt you should have money to burn and you must be taking advantage of the easy life because you can. This is all wrong and based solely on assumptions. Money in parenting only helps to pay for food, clothing, daycare or the babysitter and all the other necessities some of which you can get […]

Would you take half your spouses bonus as a stay at home parent? : The Saturday Weekend Review #123

YOU WORK HARD FOR YOUR MONEY   Here’s a mock scenario. You’ve worked at your career for the past 8 years and every year you get a yearly work bonus of nearly $5000. When you go to work you work full-time and sometimes you work over-time which means you earn more money after the government takes their cut. While you’re off at work your wife stays home with your new baby for the next 12 months on maternity leave then you both decide she will stay home to care for the baby full-time and give up her career. She misses working because she enjoys challenging herself but loves to be a mother. Without a career and earning now she can’t go out and spend money on herself like she used to. No more purses, shoes, new wardrobes, manicure, new hairstyles etc. Now your wife wants half of your yearly bonus to spend on whatever she likes because she works just as hard as you do at home. Does this sound like your family?   Wife Bonus   I was reading this article today about this couple who splits the husbands yearly work bonus. They call it a “Wife Bonus” where […]

%d bloggers like this: