How Should Couples Split Household Bills?

WHEN YOU MOVE IN WITH SOMEONE YOU SHOULD NEVER EXPECT TO PAY LESS OR MORE BASED ON YOUR INCOME LEVEL.   Moving in together is a big step for couples and with that comes an entirely new set of financial rules mainly called, splitting. When should you talk about money in relationships? Whenever it is right for the both of you but certainly before moving is ideal. Don’t be afraid to pull out the money card because if you’re thinking it then it is important to you as it should be. Living together may be economical especially if you are spending every day with someone you care deeply about however there is much to discover before you take that step. Some couples just end up moving in together without even knowing it. A shirt here, pants there and before you know it your bathroom counter shares his and her health and beauty products. What in the world just happened? You moved in together and with that comes financial responsibility. Unless you plan to fork over all the money for your partner who now lives with you, talking about splitting household bills is a good idea. Generally doing this before-hand is […]

How To Keep Debt From Causing A Marriage Crisis

EVERY COUPLE HAS A STORY TO TELL BUT YOU PROBABLY WON’T HEAR ABOUT IT.   A marriage crisis is about to turn your world upside down, so what do you do? You write me an email looking for a twinkle of hope. Marriage is knowing you’re in love with someone but not sure if you can continue to love them based on events that occur in future dealings with-in your relationship. This is where YOU needs to become WE. What does this all mean? This means that anything can happen even to couples who are in love. One minute you’re all mushy about each other and the next you’re ringing up the lawyer because you no longer can stand each other. The annual amount of divorces in Canada tops 70,000 according to the feldstein-family-law-divorce-fact-sheet-2016. Not only that but 33% of first marriages end in divorce. Some of the reasons for divorce documented from Stats Canada in the fact sheet states the following; Communication breakdown Unreasonable behaviour Infidelity Midlife crisis Financial issues Physical, psychological or emotional abuse Relationship “runs out of steam”/fall out of love Where did you both go wrong? Most often lack of communication leads the way to a bigger […]

How To Spot A Money Smart Woman

FINANCIALLY SMART WOMEN FINISH RICH AND IT’S NOT ALL ABOUT MONEY   We can add the value “financially stable” or money smart to the list of traits that men are looking for in a woman while in the midst of romancing a relationship. In the past I’ve blogged about finding a frugal man but today I want to focus on men finding a woman who is of the same financial mindset. It may seem like the bottom of the barrel for most of you but for those men who value money the last thing they want is a partner to blow it all away. This is where it’s important to be compatible in terms of wants, needs and desires and why it’s so important to communicate. It doesn’t matter if you are a stay at home mom, stay at home wife or a career woman the money becomes one when you tie the knot. This is why some men are cautious about who they choose to date and for good reason. If a man finds his woman is spending too much money leaving them stuck to pay the bills or unable to save for retirement or to do things with […]

Queen of Hearts Jam Tarts For Valentine’s Day

NEVER UNDERESTIMATE THE POWER OF LOVE AND SWEETS   We love jam tarts of just about any description in our home so when a special occasion pops up like Valentine’s Day I don’t mind baking up a few batches for my family and friends. This Queen of hearts jam tarts recipe boasts a beautiful pastry filled with either raspberry or strawberry jam followed by a light dusting of  icing-sugar. If you’ve ever wanted to create your own jam tarts, today I will show you how easily I was able to make my recipe and how you can do the same in your kitchen. Most men and women are scrambling at the last-minute to get a Valentine’s Day card and treats but with a bit of planning you can make these Queen of Hearts Jam Tarts for Valentine’s Day and your loved one will love you even more…if that is even possible. Other simple Valentine’s Day recipes for him or her which you can make and add to a Valentine’s Day Gourmet Basket, Bake Sale or for guests. Chocolate Peanut Butter Truffles Chocolate Peanut Butter Balls Cherry Cheesecake Blueberry Cheesecake 5 minute Hazelnut Chocolate Fudge Cherry Pie Minis Coconut Custard Tarts […]

The Breakup Shop- How to become single for under $50 hassle free : The Saturday Weekend Review #152

TAKING THE EASY WAY OUT OF DUMPING SOMEONE YOU’RE NOT THAT INTO   Breaking up with someone after a few dates or dating them for a while is hard for just about anyone, unless you really don’t care about the person. This breakup service I’m going to tell you about today might just be the new trend in breaking up with your girlfriend or boyfriend while you’re out shopping or doing whatever it is you do. It’s been a while since I’ve chatted about dating and relationships but it always seems that just before the holidays is when people go their separate ways. Some of the men I’ve known over the years bail because they don’t know what to buy their girlfriend who might be expecting jewellery or a ring. I can’t control what my friends do behind closed doors and neither can you and I’d never judge them either. It’s their life, not mine even though I’d feel sorry if I knew it was never going to last from the get go. Then there are the men who don’t have the cash to buy gifts so the easy way out is to dump who they’re dating for the single […]

Couple Cancelled Wedding and Used $3000 Stag Party Cash For Debt

EVERY GOOD PARTY HAS AN ENDING   Unfortunately for this guy his stag party ended with excitement but his wedding never brought him to the alter. Every year couples get married but before the big day they may hold a party to raise money for the wedding. Some people are against being asked to participate in funding a wedding by attending a Stag Party (for men), Hen Party (for women) or a party for everyone also known as a Stag and Doe or Jack and Jill. There are no shortage of names for these kinds of money-raising events which consist of lots of drinking and plenty of fun games. That’s only the first stage because there may also be a wedding shower, Bachelor Party, Bachlorette Party and so on mainly orchestrated by the wedding party, family or friends. Some pre-wedding events are merely just getting out for the last time as a single male or female and partying with your friends. Personally I didn’t go out with my mates or have a Stag Party. My wife and I were pretty low-key about our wedding and saved the money ourselves, although it was a frugal wedding to begin with. A Stag […]

Couple on the Debt Binge Train to rid of $40,000 : The Saturday Weekend Review #120

THE GIFT OF DEBT FREEDOM   I’m excited to share this amazing journey about a couple who are 18 months away from paying off $40,000 worth of consumer debt. Do you want to know how they are getting rid of their debt? It’s easy…they spend less than they earn and they are budgeting. I hope you weren’t expecting some wild formulas or the easy way out because there are none.   Couple tackling debt   Canadian Budget Binder fans Jen Peacock, 36 and Ken Blowes, 35  from Georgetown, Ontario shared their debt payback story with the world in a video at the The Globe and Mail online. I was humbled to hear how much I had influenced their budgeting journey but as you all know I worked pretty close with the Jen and Ken to help them along because I knew Jen was serious and needed the help. This is probably a Mother’s Day she won’t forget because it’s been an on-going battle with debt where they can now “finally see the light“. Since Jen first chatted with me at CBB she has written “Budgeting with Mr.CBB got us Back on Track” as well as their struggle with infertility. Jen […]

What pushes people over the edge financially?

FALLING ON HARD TIMES…   We all know someone who has struggled financially at some point in their lives and although it’s not easy to stay above the water how some people handle it is shocking. It seems like each time September rolls around the media is filled with articles about people who are getting into trouble with the law for reasons relating to money. Financially holidays such as Thanksgiving and Christmas can be a tough time for people who struggle with their money. Many struggle in silence. It’s no wonder talking about personal finance is taboo especially if people are ashamed of their debt load. This time of year it seems as if we hear more about thefts, robberies, fraud and scams leading into the Christmas holiday. Just the other day on Facebook my wife read a message on a group board from a mom advising other moms to make sure they lock their doors and take their gifts inside as someone had broken into her car and she lost everything. It only took me a few minutes online this morning to read another article about a couple who faked a pregnancy so they could steal products from an […]