The Ultimate Off-Campus Student Housing Needs List : The Saturday Weekend Review #32

DON’T PACK MORE THAN YOU NEED WHEN MOVING AWAY FOR SCHOOL.   I’m already getting emails from students asking for advice about moving into their first apartment to attend University or College. I thought student housing would be an excellent topic to discuss before students rush out and spend money on things they really don’t need. When we are younger we have a preconceived notion about what living on our own is like because we typically associate living at home to be the same but on a smaller scale. It is and it isn’t which is why you don’t need to hire a moving truck unless you plan to stick around for a long time. When students start returning back to town typically we see trucks and U-haul trailers filled with stuff for students living off campus. Most first-year students tend to stay on campus because student residence is a great place to meet people. It’s also a security blanket for many who also have meal cards and eat at the university and college as well. Other students who may have older siblings at the same school or a few friends may opt to rent a house or 3 bedroom […]

The Ultimate Back To School Savings Guide : The Saturday Weekend Review #187

GET YOUR BACK TO SCHOOL BUDGET READY BECAUSE STORE SHELVES ARE STOCKED AND WAITING FOR YOU!   The back to school promotion campaign for your hard-earned money is on as just about every store in Canada is ready for their biggest sales event during the month of August. I’ve been in and out of the education system over the years and with this experience I’ve come up with some frugal ways to keep back to school expenses low. Just a fair warning but a beverage is essential when reading this post because it’s longer than normal. For those of you who want to stick to a limited school budget it’s worth the read especially for those heading back to class or have kiddos they need to get ready for back to school. Back to School Tip #1 Don’t get a credit card! You don’t need one especially if you’ve worked your butt off all summer and saved your money. All a credit card will do is create debt for you which you don’t need especially if you have student loans to pay back. Stick to personal financial safety and walk away from the credit card. By now you should already […]

How Should We Budget $5000 of Discretionary Income?

PLAYING WITH SPARE CASH   Not many people can say they have extra discretionary income kicking about every month where they have to drum up ideas about how to spend it.  For those of you that do you can still manage that money with a budget if you want to stay on track with your financial goals. When Mrs. CBB and I paid off our mortgage in April 2014 it was a grand time for us. We managed to break down our mortgage into pieces and pay it off far sooner that we had ever dreamed of. The reason that happened was due to perseverance and a drive to be successful at whatever we did. I guess in a way we were pushing ourselves to earn more money but we knew in the back of our minds that it was all stepping-stones for our dream career roll. Now that our mortgage is paid we have lots of discretionary income which we just recently worked into our budget. Lots of people would be more than tempted to start spending money especially if they’ve hit it big time and the money is rolling in.   What is Discretionary income vs. Disposable Income? […]

Should business owners control student group shopping? : The Saturday Weekend Review #93

HANGING OUT WITH FRIENDS   Student group shopping is not new and neither is theft in retail stores across the world. Living in a city where there is a University we see plenty of students come September roaming the streets in large groups. The same goes for high school students. The shops in our city are jam-packed with students and line-ups are huge especially if the shop is in a school district. I know the Shoppers Drug Mart we go to is always packed with groups of University students from September until school breaks for summer holidays.   Large student groups are hard to control   Theft happens every day but for Dollar store giant Dollarama in Toronto a policy of one student in the store shopping at a time is being called discriminatory by local area high school students. The store is taking preventive measures to control the mobs of students that come in but not saying they don’t want students as customers rather they want to protect themselves from loss. Shoplifting is a big deal to any store and sometimes students dare each other to steal just to see if they get caught because it seems like something […]

Reflection on summer days: The Saturday Weekend Review #87

SUMMER MEMORIES   Hot summer days might not be the appropriate words to use for summer 2014 in Ontario with the up and down weather we’ve been having. Since we are getting hammered with heat this week we’re still in the clear to enjoy the best days of summer holidays. I didn’t want to make this post the usual Saturday blog post because it’s the Labour Day long weekend which means school starts back up which brings financial changes for most people. I also wanted to make it personal in hopes you share memories of your summer days in the comment section. What’s open for the Labour Day Weekend? I don’t know what’s open in your local area but in the Toronto area we have some shops open. Many of you might be enjoying one of the last weekends at the campground or prepping for back to school. You might plan to attend some local attractions for the long weekend such as the Toronto Zoo, Wonderland, Toronto Science Centre, CN Tower, Toronto Eaton Centre or hit the beach but all government is closed including the LCBO so stock up today! It’s hard when summer days seem to end at the […]

Would you give back a $40k find stuffed in a thrift store couch?: The Saturday weekend review #72

FINDERS KEEPERS……   Imagine that your new comfy couch that you just bought from the Thrift Store for $20 is worth more than you might make in your first year after graduation. Going to school and having to furnish your apartment with furniture can be a costly venture for a student on a budget. Aside from going to garage sales or finding free stuff online the next best place is the second-hand shops. You can find just about any type of basic furniture that you need at a second-hand store including couches that really do sell for less. You know after the school year is up you will find that couch sitting on the curb for free or in hopes the city will pick it up and discard of it, no questions asked. A while back we shared a blog post about places to stash your cash around the house and to be honest I didn’t think many people did that anymore. I’m sure there are few and for those that did it was so long ago they likely forgot they even had the money they buried away for a rainy day.   Couch cushion jackpot   I was reading […]

Are aftermarket accessories for your vehicle worth it?

THAT BLING THING   Maintaining your vehicle is just as important as maintaining your house, even if it’s with aftermarket parts rather than OEM (Original Equipment Manufacturer) parts. For instance, the wheel nuts on our vehicle started to bulge and become distorted because corrosion had built up between the actual nut and the alloy coating on the outside. The price for the new parts were $8+ each so I picked up aftermarket plain nuts for $1.25 each. The vehicle now has new wheel nuts and they didn’t cost me the earth. Not only that but the vehicle still functions the same and it’s safe. I’m an avid fan of maintaining what you have because it will last longer and cost you less in the long run. In the last few weeks I have definitely noticed more and more people taking some time to give their vehicles a little TLC. We are no different, in fact our vehicle will be taken to the car wash place for a shampoo and blow dry too. Not only is it getting cleaned inside and out to get rid of all the salt that has hit it over this particularly nasty winter period, but the tires will be […]

Should a landlord and tenant have basic rental responsibilities? PF Weekly Grab a brew #61

RENTING IS A TOUGH BUSINESS   Being a landlord has its ups and downs depending on the space you own and the tenants you rent to. The same could be said for a tenant and the landlord who rents them a place to live. As a landlord you have lots of responsibilities and one of them is listening to what your tenants have to say as long as the requests are reasonable. I don’t know if the Landlord Tenant Act is the same all around Canada but what I do know is there should be some standardization when it comes to maintaining a property. You don’t have to jump at every single complaint but you must or at least should adhere to complaints that are of important nature. It also takes time to get the right people in to get the job done so having reasonable expectations as a tenant is also important. Wanting the paint color changed in your kitchen is not an emergency as a tenant but if your toilet is not working that is a different story.   Money in my pocket   Sure, renting is a lucrative business and if you can score a rental building, […]

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