The Saturday Weekend Review #13- Happy Easter! Why Can’t People Just Be Happy?

It’s going to be a Happy Easter this weekend for us but I often wonder why some people just can’t be happy. I’m a Yahoo nerd and I pretty much scan through the headlines every day to see what’s happening in the world. I mean who needs to pay for a newspaper subscription these days when all the glory and misery is at our finger tips. I am generally a happy person that I hope people enjoy being around. I often try to understand the reasons why I might be thinking something negative in order to improve by inner health. I’m also one of those guys who is happy for my friends and family when something good happens in their life. Why Can’t People Just Be Happy? We’ve all had friends and family who have had a rough day or are going through tough times in their lives and we should be there to lend an ear to listen or a shoulder to cry on. When something good happens to people sometimes the jealousy monster come out in people where you kind of sit back and say, wait a minute, who are you to rain on their parade because you […]

How We Designed Our Budget Step 9-Reading Our Bills!

Why you should check all your bills and what to do if you find an error Does this scenario below sound like you? You either open the front door, walk to the post box or go to the post office to gather your post…You scan through it all and then you try to avoid the bills but you know you should read them. You proceed to either open it check the total owing and file it or you simply never open it and toss it in the bin,drawer,on top the refrigerator etc.  Is this a big mistake? You bet it is…It is so important to keep your finances organized and in check! There’s more to a bill then looking at the total cost of the bill. For example When our credit card bill would come in we would have typically opened it and looked at 2 things 1-The Due Date 2- How much we owe We never gave a second thought to look at ; 1-Where did we spend the money we owe? 2-What did we buy? 3-How much was it going to cost us if we didn’t pay off the bill on time (yep there’s that “time is money” saying […]

How We Designed Our Budget Step 4-Notetaking

Hi there Folks~ Mr.CBB here… If we’ve learned anything about budgets over the past year it’s that you need to learn how they work before you carry out one.  I admit we jumped in feet first and have learned along the way. This tactic hasn’t been so bad but it can get frustrating, especially if budgeting is a new world for you.  Learning first then proceeding step by step is what we should have done. What we’ve learned over the past couple months is that there were ways to simplify our budget. We found errors in our budget and now realize that we need to have a completely separate Emergency Savings account. You will see all the changes when I post our February 2012 Budget Update. The one thing that has helped us to make these changes is that we kept such detailed notes. This is why I am taking you to this topic in Step 4 Notetaking. Notetaking is an essential part of budgeting. Why you ask? Let’s take a look together here: Scenario: When you were in high school and the teacher taught you a subject did you take notes? Probably, right? Why? So you could take the notes  home and study them to answer questions on a test […]

Product Price Adjustments Don’t Miss The Savings!

Are you aware that some Canadian big box and grocery stores have a Price adjustment policy? If you are then you know about the great savings you can pocket if you keep your eyes and ears open. If you aren’t aware read on and learn how you to keep money in your pocket. We all know about returning products as I’m sure we have all done it at some point in our life. Once you have finalized a buy it is now your product. Most stores offer a return policy for unopened, unused or defective product. On a cautionary note be aware of a possible restocking fee. Typically stores have anywhere from 30-90 days for a return policy. What is a Price Adjustment Policy? What most people don’t know is the Price Adjustment Policy for most stores. If you buy a product and the exact product goes on sale cheaper than what you purchased it for then you can get a price adjustment. Keep in mind the price adjustment policy time frame. This is why it is imperative to always keep your receipts. You can take the original receipt to customer service and ask for a price adjustment. A price adjustment is […]

How We Designed Our Budget Step 3-Tracking Receipts

Perhaps it’s been a bit of work to get this far in the budgeting process but it will be worth it. In Step 1 we learned what a budget was and what information you needed to gather before moving on to Step 2. While Step 1 might have been a daunting task Step 2 in Designing the budget should have been a bit easier. You learned how to divide your Net earnings into a budget and spend less than you make. In Step 3 of designing the budget you will learn the importance of documentation.  Documenting everything you spend is crucial to succeed when budgeting. Tracking all your Receipts Keep track of what you spend. Why you ask? Read the following scenario; If you spend $5.00 on coffee in cash and fail to document it that’s $5.00 you have lost a trail to in the budget. You now have to figure out why you are short $5.00. I always make sure I ask for a receipt even at Tim Horton’s. Another loss leader in the budget is trying to hide spending from your spouse/partner ,simply “don’t do it”. What do we do with all these Receipts? Every time we receive a […]