Each time there is a holiday in Canada we have to make sure our budget accounts for the costs involved and Canada Day Celebrations is one of them.
Before our son came along we didn’t spend much on Canada Day and you might not either but it’s not just people with kids who spend more.
There was no dressing up (yes we were boring but not any longer) but we did participate in watching the Canada Day parade.
The cost to us was merely time and gas to get to the parade which is peanuts and no need to budget because our gas category in the budget picked up the tab.
Not everyone spends lots of money for the holidays and we were the couple who didn’t get too involved although we didn’t mind watching the fireworks from afar.
That was our July 1 Canada Day Celebrations for many years but this is all going to change.
Grocery shopping and Canada Day
I was reading the weekly flyers not because we need to grocery shop next week but because Happy Canada Day and Canada Day Celebrations and Deals were everywhere.
It dawned on me that any chance stores can get to market a holiday and offer a deal they will.
I’m guessing since most stores are closed for holidays it’s one lost day of revenue so they will get you to drag yourself through the door to grab as many deals as you can. I’d call a store in advance if you are not sure if it’s open or not.
That would potentially make up for that money loss for one day although I’m just speculating on that, but it always seems that way with the high amounts of holiday deals. It’s also a way for the stores to be part of the celebrating Canada.
For those that do work on Canada Day they may get paid time and half or even double and triple time depending where they work. Some would consider that to be a budget celebration on their own. I know I would.
Our Canada Day Celebrations
Over the past year we’ve got monthly photos of our son to have memories of how big he has grown. The other day we decided to get Canada Day photos done last-minute.
Not only did it cost us $29 for 5 sheets of amazing photos but we picked up come awesome Canada Day items at Dollarama.
They have some pretty cool stuff in there including Canada Day shirts although they were a little too big for our boy.
We also managed to score some Canada Day hats, Canada Day Sparklers, Canada Day Windmills and more for up to $3 which was great. That means we won’t be the boring couple we used to be on Canada Day this year.
The photo expense will fall under “Baby” in our monthly budget. That’s fine for this year but come next year I will estimate the costs of photos for our family into our miscellaneous category so we aren’t taking from other budget categories we shouldn’t be.
Needless to say the Canada Day photos cost us a bit more buying some props but it was worth it for that priceless photo in the end. The first year really is milestone after milestone. Memories we want to keep forever even if it costs us a small price.
This would be a great projected expense especially if you know when you want to get photos taken for the year. Not only Canada Day Celebrations either. So out-of-pocket we paid about $37 for photos with props.
We are heading to our relatives for a few days where we will go to the Canada Day Parade and enjoy the Canada Day Festivities all decked out in holiday gear.
There are also plenty of activities for the kids in most towns and cities. Not all of these activities are free either so if you want your child’s face painted for example it may cost you $5-$10.
If buying food is something you do for your Canada Day Celebrations that will also cost you. Most cities have an open field where they have a fireworks display at the end of the night, food trucks and games.
It’s a big day celebrating Canada and now that our son is in the picture we will be spending more money on these holiday outings even if it’s only Canada Day to some.
Even if we save $100 for Canada Day Celebrations we now have to budget this projected expense. It may seem picky of me but we like to know where our money goes and we like to save it so it’s ready to be used.
Next year we will implement the costs associated with our Canada Day Celebrations for 2015 into our budget so we have the money ready to go for Canada Day 2016 events.
Add to the list of Canada Day expenses that may be costly for anyone besides food and gear are fireworks and alcohol. If you are having a frugal backyard party you can ask your guests to bring their own alcohol or cover the costs if you have the extra money.
Our neighbour up the road buys about $700 worth of fireworks every year for Canada Day Celebrations. He has a large property, in-ground swimming pool and lots of friends and food so they ask everyone to pitch in any amount they can to help cover the costs.
It really is a summer party not to miss, so I’ve heard.
If that couple doesn’t recoup the money they spent for the Canada Day Celebrations that money will now come from their budget.
Most people from what I’m told give the owner anywhere from $10-$20 per person entering the party. I’m not sure what he does with any extra cash he gets (if any) but he could put it in a pot and use it towards the following years Canada Day Celebrations. That would lower the overall costs for everyone involved.
I’m guessing we may spend upwards of $20-$30 on food and fun activities for all of us this Canada Day. By the time we are done with Canada Day Celebrations we could easily blow through $75-$100 which means next year we will budget on the high end at $8.35 a month for 12 months to cover the costs.
We may even bring a small lunch and snacks to cut down on the food costs but there is some food that we really enjoy trying. Keep in mind this may not happen every year especially as he gets older but for now we want him to enjoy the festivities.
If we don’t end up getting Canada Day photos next year we will have some extra money to put back into the budget but we will still budget the expense if we want to use it down the road.
If you are someone who hosts a Canada Day Celebrations party and it’s tradition be prepared to factor in the cost of food, propane to run the BBQ, alcohol (if any), decor to jazz up the party venue and so on has to be considered.
Food is not cheap these days so sticking to foods that are BBQ friendly is always the better choice. You may want to take advantage of all the Canada Day grocery store savings while you can before your event.
We always have extras in our budget categories so we could easily survive a bit of a budget crunch if it happened. Heck, the budget is never bullet proof but I still believe it’s better than having no financial system in place at all.
At the end of the day I still Love Canada for the same reasons I did when I landed as a permanent resident and I don’t mind celebrating with the rest of the country how wonderful it is to live here.
Do you budget holidays such as Canada Day celebrations? How much do you save every month until July 1?
CBB Week At A Glance
You’ll be happy to hear that I have finished the front garden lighting. I installed 4 lights and did all the electrical myself.
You won’t see any wires above ground because this guy did it the right way! It may have taken me more time and cost me more money but at least I don’t have wires hanging about our front yard.
Other than that life has pretty much been family, work, blog, gardening, renovations and many other things on an as-needed basis.
The mulberries on our tree are VERY juicy and we’ve munched on them here and there but the birds have enjoyed every minute of the beautiful tree.
How was your week?
Published This Week
Just in case you’ve missed any of my blog posts this week I will share them all below.
If you have a question that you would like to ask Mr.CBB fill out the Contact Mr.CBB form on the Home Page and send in your questions.
If you want to share a story via a Fan Question only please ensure that there is minimum 500-1000 words and details… we love details!
Right now CBB is posting Tuesday (Grocery Game Challenge) , Thursday (Personal Finance Post), Saturday (Personal Finance and Weekly Wrap-Up and a recipe on Sunday!
- Parents Downsize to $400,000 small house and kids are embarrassed
- 5 Healthy Office Snacks You Should Stock For Cravings
- Potato Croquettes Stuffed with Bacon and Cheese
- A First Father’s Day Gift Any Dad Could Ask For
Submit your Deal or Brag:
Saving money while grocery shopping is essential in the CBB family and that’s why we share our grocery shops every week in The Grocery Game Challenge 2015.
What I love the most is when my fans share their amazing shops with me whether it be groceries or other deals they find at a garage sale, online or freebies!!!
If you have a brag that you want me to share email me at canadianbudgetbinder (@) [yahoo] [.ca] or fill out my contact form by Friday each week to have your brag considered for the Saturday post.
Today Jen shares her awesome garage sale deals:
- Set of 2 travel coffee mugs $2.00
- Child’s hat $0.50
- Elastic shoelaces $0.25
- Jolly Jumper mat, 4 children’s books, children’s shorts, Huggies wipes container (for my SIL) $6.00
- Decorative soccer pillow $0.50
Total spent $9.25
Great deals this past weekend Jen!
Making A Difference (MAD)
Note: If you are a personal finance blogger (anywhere around the world) and would like your blog to be MAD featured simply drop me an email and I’ll explain the process to you.
This is my way of giving back to the personal finance community through networking and sharing knowledge with my fans.
Today I’d like to welcome my blogger friends from The Dividend Diplomats.
Hi CBB Readers!
We are Lanny and Bert, the Dividend Diplomats.
We are two guys in their mid-twenties from Cleveland & Akron, Ohio pursuing financial freedom as young as possible, to allow us to spend as much time with friends and family, creating those memories that money cannot buy.
The equation that we live by is pretty simple and our website focuses predominately on the two topics: Dividend Investing + Frugal Living = Financial Freedom.
Essentially, we practice frugal living to generate as much capital as possible, invest in dividend stocks that pay a growing dividend income stream and aim to share that with the community.
Once the stream is large enough to cover majority of our expenses, we can pursue our dreams and reach for those experiences that will help create lasting memories.
Our journey through dividend investing began by creating the “Dividend Diplomats Stock Screener,” which consists of three simple metrics to help us identify under-valued dividend paying stocks.
Over time, we have added several additional metrics to apply to stocks that pass the screener in hopes of finding stocks to purchase and recommend to the community.
So far, our stock analyses have led us to many different stock purchases that will stay in our portfolio for a long time. Similarly, to push ourselves as frugal individuals, we created the “Dividend Diplomats 60% Savings Challenge.”
You guessed it, we aim to save 60% of our monthly income or more in order to maximize the amount of money we can invest to rev our dividend income machines as soon and as strong as possible.
Through our articles, we hope to better not only ourselves, but everyone else in the personal finance community by sharing knowledge, experiences, and composing articles that encourage others to share their stories as well.
Some of our best learning is through reading the comments of the friends we have gained in the online community.
So please, stop by and share your experiences and expertise, as it will only make us stronger and will help everyone in the community one step closer towards financial freedom.
-Lanny and Bert, the Dividend Diplomats
Food and grocery shopping is a BIG part of CBB because food is a large part of the budget which people struggle the most with.
If you are someone who would rather buy convenience meals or products consider cooking homemade meals or baking from scratch.
Not only will you save money but you will be proud of what you accomplished and you’ll see that from the smiles on those you feed.
If you don’t already know I have a second Facebook page called The Free Recipe Depot where I share recipes from other Food Bloggers from around the world.
I created this second Facebook page because I love food so much and I wanted to showcase only food 24/7 and this is where I do it.
I also share recipes on CBB once a week on Sundays either made by me or my in-house home blog cook Nicola Don!
This week our Top Recipe Pick goes to Joan at Chocolate, Chocolate and More for her Brownie Bottom Cheesecake Bars. They look delicious!
Every week I will pick a blog post of the week from around the web that I found interesting and want to share with you and an Editor’s top blog post pick.
Editor’s blog post pick this week goes to “Rethinking the Dream” with an excellent post about getting freebies, “Junk is Junk Even if it’s Free“. The premise is that if you weren’t planning on buying it in the first place it’s likely just going to end up as junk.
My wife went through the same thing. I honestly thought she wrote this. She ended up getting a $20 hand blender which she didn’t use for years until we moved into our house.
Now we use it all the time so although initially it was what she thought was the best anniversary gift among the junk offers it has become a lifesaver for many meals.
Google Search Terms
Every week I get thousands of people visit Canadian Budget Binder because they did a search online and found my blog. Keep in mind any spelling errors below are because I share with you the exact way they typed their search engine query to land on my blog.
- Canadian Couple Who Stopped Buying Food: Sorry, that wasn’t us we like to eat.
- Husband has a sneaky credit card– Oh, oh he has some explaining to do!
- How to win the lotto by spell– Now that is probably one of the most unusual searches.
- I bought an ovulation test predictor from the dollar store how do I tell if I’m pregnant- Eek! I’m not even going to attempt this one. I’m sure you all can figure it out.
Thanks for dropping by and reading!
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