grocery game monthly challenge

10 Food Staples To Buy When You’re Broke : The Grocery Game Challenge 2016 #3 Aug 15-21

BUILD YOUR PANTRY LIKE YOU WOULD YOUR WARDROBE   Instead of saying, “I am broke” look at what you can do to change that and create an action plan. It may sound like boring financial advice but I can tell you that if you have no interest in making changes you will always have a negative mindset. Guess what? No one cares. That’s right although people may feel sorry for you and some people will help you out they are likely fighting their own battles, have fought them or just don’t want to deal with someone else’s problems. Where does that leave you? At the mercy of yourself because you CAN make changes if you want to. You CAN get out of debt if you want to. You CAN live the life you dream of BUT not if you’re going to sit there and complain about why it isn’t happening, why it won’t happen, why it can’t happen and you continue to make excuses for yourself. Forget about everyone else and focus on YOU!   The Broke Pantry   Most people I run into want to know either how to start saving money or how to survive when they are […]

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 […]

Young woman embarrassed of her low-income family : The Saturday Weekend Review #151

NOBODY KNOWS HOW MUCH MONEY YOU EARN UNLESS YOU TELL THEM     Not every low-income family struggles financially because views about wants and needs fall on different levels and some manage their money just the same. They may not have all the luxuries they desire but they are happy, the bills are paid and they keep debt to a minimum or have none at all. It’s always going to be an ongoing struggle but they manage with what they have. Shopping may be at second-hand shops and their budget may be tight every month but they are content. There are people who are opposite this and are resentful and unhappy about their life but do nothing about it or are unable to do anything to change the situation. When we were young we created a vision in our minds about how we wanted our lives to turn out. Not all of us will see that vision come to life. We live in a tough world but ultimately we are in charge of our happiness whether we have a fat bank account or not. When I moved to Canada I had no job which meant I was earning no income […]

Man uses hourly wage to spend less and save $5000

SAVE $ THE WAY THAT WORKS FOR YOU   Should you use your hourly wage as the deal breaker for potential purchases? Every so often I meet people who have something to say about finance and it just so happens that I find these people like magnets. First thing to remember is that what you earn is not what you net. In other words if you make minimum wage you aren’t taking home $11/hr after various taxes. Same goes to those who earn a salary, you’re in the same boat. This is common knowledge though right? If so why are so many people in debt? Whatever you net is the money you get to play with in your budget. It’s amazing how many people forget about using the concept “Spend less than you earn” even though it’s fairly straight-forward.   Mr.CD meets Mr.CBB   While we were doing some shopping in Burlington last week I was feathering through the CD’s which were on sale for 50% off. It was an amazing deal for new release CD’s and other CD’s that I normally wouldn’t pay full-price for. It was pretty busy so space was limited and we were all elbow to […]

Ambitious Teen helps mom with family budget

LET ME HELP YOU WITH THAT MOM   There was a time in my life when I was a teenager and all I cared about was working, saving money and hanging out with my friends. I didn’t have to worry about what my parents did with our family budget nor did I care. Growing up in our household my parents were frugal to the point that if we wanted something we worked for it. They didn’t scour the weekly flyers because we didn’t have them but they would buy products reduced if mum was able to do something with them right away. My mums favourite was making pies with fruits that were ripe or ready to go off. That’s probably why I’m the way that I am in the kitchen. Being that it was Mother’s Day (Mothering Sunday) March 15 in the UK yesterday this email made me remember growing up and what life was really all about in our house. My mother was and still is our rock and I can understand how this young lady is so determined to help someone so special and close to her heart.   Help with the family budget   I received an […]

Would you rent a converted garage for $1000 to live in the big city? : The Saturday Weekend Review #112

WANTED: A PLACE TO CALL HOME   Some people will rent the weirdest places for absurd amounts of money just to live in the big city. There is an allure of being in the midst of the rich and famous, potential career opportunities or to be close to loved ones even if the price-tag is high.   Capture the big city living dream   Not everyone understands the attraction of living in the big city especially if you can’t afford to live in it. For those that do successfully life can be an opportunity that many people could only dream of. If you are looking to buy a house in let’s say a big city like Toronto or Vancouver get ready to pay upwards of a million dollars to live where all the action happens. The fun doesn’t stop there because buying a house can be just as challenging as finding the right place to rent. We live in the Greater Toronto Area and I can assure you that houses are NOT cheap to buy. A one bedroom rental can run you upwards of $800 a month to more than a thousand plus. On the low end it’s not the […]

Single Millionaire Paid The Price To Get Where He Is Today

WE ALL HAVE A STORY   People may criticize the way you live your life but they might not know the price you paid to get where you are today. Stories often go untold because people are shy to say what they had to endure to become the person they are. I don’t talk about my life growing up with my friends but if they want to talk to me about theirs I’m happy to listen. It’s quite amazing what you learn about people once they open up about their upbringing and past.   The price you pay   You might have heard or read about those rags to riches stories which for some people hit home because they too were faced with situations that were unique but they overcame them. You don’t have to be a superstar to be deemed successful today all you need to do is believe in yourself. Those that don’t put in the effort to achieve their goals are often the people who put down those who pushed the limits to achieve their own. Believing that everyone with cash has or had the easy life is absurd. Just like others some of these rich people […]

Parents ask son to save money after they were homeless and poor

SAVING MONEY IS YOUR CHOICE   If you want to save money then don’t wait until things come crashing down and you need that money, do it now! Being homeless and poor is not something to take lightly because it happens all around us. For those who have survived and experienced this life many go on to motivate others how NOT to land themselves on the streets. Today’s fan question shares some deep secrets about the time his parents found themselves living on the streets with no savings and nowhere to go. It’s either the parents writing to me or their children because for one reason or another money is a big problem. It doesn’t matter whether you are a student or have a high-profile job if you don’t know where your money is going it’s your own fault when you don’t have anything at the end to show for it all. I’m not talking “stuff” either. I’m talking about cash and investments. If you earn money you should have some sort of system to save money and budget or in the least know your expenses and track them.   Life Choices   It seems from my experience with fan […]

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