Do you live in a financial independence la la land?

Financial independence la la land

Do the math it works   A state of being out of touch with reality and in this case with money in debt…. yep that’s living in a financial independence la la land. You dream of retiring and doing anything your heart desires because you were smart with your money when you were younger but were you really? You don’t have to be married or in a relationship either to be a donut with your money. I don’t normally watch too much television but last night for the very first time we watched Money Moron staring Canadian financial guru Gail Vaz Oxlade. You either love her or you hate her because of her no-nonsense to the point approach with personal finance. I happen to think if you beat around the bush with finances you get nowhere. Sometimes it’s hard to hear the truth but if that’s what it takes to wake someone up from a financial independence la la land then so be it. It’s amazing how many people who want to retire early and think that the road to that money independence is easy peasy when in fact it takes lots of work. There’s more to the fat bank […]

PF Friday Grab a Brew #48: How to ask for help when it comes to money success

turkish-kurabiye-cookies

YOU NEVER KNOW WHAT SOMEONE HAS TO SAY UNLESS YOU ASK A QUESTION Money success to me means that we are in charge of our own lives and how it plays out really depends on many factors with the main one being understanding where we stand financially. When it comes to our personal finances we were never the couple to ask for help nor did we disclose how much money we made or saved because we simply didn’t want people to know. Starting the blog CanadianBudgetBinder.com was and still is a way for me to talk about personal finance and how it applies to our budget but also to open up and learn about others successes and failures. When I first started chatting to my friend over at Nurse Frugal and her husband whom she calls Mr. BT almost 2 years ago they were on a journey to become debt free including their mortgage using a budget and Dave Ramsey principles. They have now paid their mortgage in full as of November 2013 an exciting time for this young couple who worked so hard to reach this goal which you can read about it in their latest post “Freedom”. What […]

PF Reading List #13- Good Friday, Good Food and Meeting Gail Vaz-Oxlade

Today is Good Friday, a religious holiday for many Christians which is celebrated the Friday before Easter Sunday all around the world.  It’s a time to commemorate the crucifixion and death of Jesus Christ. Since we observe this holiday, along with an afternoon mass we will be serving this day as a day of fasting eating one full meal and 2 smaller meals which are normally light meals. Others will be celebrating Easter this weekend with family traditions and lots of  Easter Chocolate and egg hunts. Easy Good Friday Meals Tonight we will be making a meatless meal which will be a lightly fried fish served over lentils and rice a tradition we started last year and hope to continue each year. Another great meal that my friend Megan at Cooking Whim’s posted is a lentil Sheppard’s pie which is another easy frugal Good Friday meal to make for the family. I’ll be posting my version soon but check hers out it looks delicious! You could also go modern and try my meatless lentil Sloppy Joe recipe for some new and exciting at the table that the kids might just love. Come Easter Sunday if you want to hang out with your friends and […]

The Saturday Weekend Review #12- Is Public Intervention The New Norm?

Parenting is a topic that is controversial because all parents want to believe they are doing the best they can for their children in order to prepare them in this world. I’ve talked about teaching children about money from a young age but apart from that the psychology behind why children do what they do is out of my realm of knowledge since we have no kids. Last week I talked a bit about a child who took a backpack from her parents home with $20k inside and gave it to a friend who later handed it out at school. Kids do strange things that we may never understand but how far should a parent go in order to dig deep into their child’s emotions to comprehend their actions and teach them a lesson. I read this article about a 13-year-old girl in Crestview, Florida who lost her uncle in Afghanistan in 2011. The child then started to act up, but it was how far the parents took the situation which surprised me. Her parents felt like she gave up at home, at school and she became more defiant since she was so close to her uncle. Although they tried other […]