What or who do you rely on to earn an income?

YOU ARE YOUR INCOME SOURCE   We all need to earn an income to survive in this crazy world. Many people jump in their vehicle or rely on other community services in the morning to go to work. Typical day… maybe. What would happen if there was no more bus service or our vehicle stopped running? I never gave much thought about who or what I rely on to earn an income until this past week. I think plenty of people worry more about whether they will keep their job over how they will get to their job and other so-called slight factors that would cause an impeding problem to their income. To call them slight would be a huge mistake. Many of us live life similar to everyone else who gets up in the morning, eats breakfast, showers, sorts the family out and is off to work. Of course depending on your work schedule that might not be the way it rolls in your household but you know what I mean. I remember posting that when my wife and I bought a house we bought it on one income so we had almost a free income to work with […]

grocery game monthly challenge

Do you only buy groceries on sale? : The Grocery game challenge #2 June 9-15, 2014

WHAT’S IN YOUR BASKET?   Buying groceries on sale is a great way to save money in the budget but being selective about what you buy is also important. Not everyone has the same lifestyle so they will purchase different types of food for their diet. What we typically do is go through the grocery flyers to see what products are on sale and base our meal plan around those items. Those items are typically basic essential items and we also like to make sure our pantry is stocked to build a complete meal. If we can make our own homemade pasta sauce, soup and salads we will opt to do that over buying it pre-made. These are simple recipes that don’t take much time and are from what I calculated cheaper to make even when pre-made is on sale. I remember years ago we used to stock up on items with coupons such as those Stouffer’s pizza pocket thingys because they were cheap but looking back, what a waste of money. It didn’t matter that we only spent $0.50 on them I could have made them for less and they would have tasted better.  In a way we got […]

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, […]

Reader question: Budgeting tips for low-income families

Budgets Do Not Discriminate This low-income budget question that was sent in by a reader caught my attention as it’s not the first time I’ve been asked for tips on such an important topic for Canadians. Many people are in the same position as this reader so I hope I can shed a bit of light on the topic of budgeting and low-income families for those that are reading today. This is one of those touchy topics so please bear with me as I realize many people are struggling through tough times. Debt is debt, money is money, a budget is a budget. I know all of you have unique situations just like we do. I don’t claim to be a budget hero, just a guy who wants to listen and share what we do with our budget. Nothing is easy, we fail, we get right back up again. Dear Mr. CBB, I’ve read your blog for a while now as I was searching for some family budget information and a sample family budget so I can start to budget for our family. We come from a low-income Canadian family which we feel is at the poverty level in Ontario. […]

The Saturday Weekend Review #31: Homeless and living on $8.00 a day

A Few Dollars Can Go Further Than You Ever Imagined I don’t believe many people think about life as a homeless person, who would unless you were forced to. I honestly can’t imagine what life is like for homeless people but what I do know is many are skilled and many just want someone to give them a chance. There are times when people give up on themselves because others give up on them. Although we should fight for what we want sometimes the war is won and it’s hard to get back what you’ve lost without a miracle or perseverance of sorts. Homelessness is potentially caused for many reasons, one being lack of employment and somewhere to live. I was touched by kindness this morning when I watched a video on You Tube where a couple of guys who prank people and share it on their channel called Vitalyzd TV gave a homeless man a full makeover.  This was no prank though, it was real and it was uplifting for many people to watch, over 3 million so far on You Tube. To be honest I wasn’t going to watch it but something compelled me to just check it out. […]

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