The Saturday Weekly Review

How Financial Commitment Will Change Your Life: Saturday Monthly Review #1

Financial commitment differs from goals, where you have set an obligation to fix, whereas a goal is something you’d like to complete.

The pandemic has hit everyone’s pocket hard, and credit card companies are reeling in the fish.

Often, getting a loan or credit card comes with a convincing mindset to pay it back quickly.

That’s not often the case, and that credit is a bandage that easily comes off.

When one financial problem is fixed, another drops from the sky right into your lap.

In 2022 Canadian families can expect to pay $1000 more a year for groceries.

One month the freezer breaks down, and you need to buy a new one, or the roof starts leaking.

That’s the thing with money and debt; it never ends whether you are debt-free.

If you’re the person who wants to start the new year with a clean slate and tackle debt, do it.

There’s no better time to start organizing your finances than when your mind is motivated.

Forget goals, commit to debt freedom, and conquer your worst enemy, owing money.

financial Freedom
How Financial Commitment Will Change Your Life

Stop Giving Up On Yourself

Whether you have a family or not, giving up on yourself is the easiest thing to do.

We’ve all done it, especially if it’s something you’ve convinced yourself can wait longer.

If that something is a debt you owe now, there is no time because you’ve just swept it in the closet.

Financial excuses are common; anyone can talk their way out of a struggling situation.

  • I’ll pay that bill next month. The interest is nothing to worry about.
  • Everything will be ok (that’s not good enough)
  • Sulking instead of doing something about it.
  • Hoping debt will go far away and forget about you.
  • Learning about finance is too much work, hard, or time-consuming.

There are many ways humans can manipulate their minds to fit today to deal with tomorrow.

Unfortunately, you have more decisions to make when tomorrow comes, and it never ends.

But it can, and let me tell you from experience that you must push giving up away when you commit.

Financial Commitment Is More Than Setting Goals

A budget is meant to work as long as you earn enough money for the next month.

Budget numbers probably start out looking good on paper but can quickly spiral out of control.

New Year’s Day is probably when people think about money the most.

Consider money friends with getting fit because you’re rested from the holidays.

Do any of the two goals below sound familiar?

  • Goal 1: Wanting to lose weight in 2022
  • Goal 2: Getting rid of debt for good and watching where the money goes

However, goals are easy because you set them and easily forget them.

Commitment is like a raging fire inside you; nothing will get in your way unless you let it.

There must be a solid plan with backup if a situation arises.

For example, something terrible happens, and you give up on everything.

The problem is that although you stop, paying your bills does not.

As hard as that is to hear, it’s the solid truth, and when you owe a debt, it doesn’t care.

Pay now or face the consequences, although making a phone call to explain a situation can help.

Again, here’s where the problem is, what helps you out backs you up, and you have double to pay.

Debt forgiveness doesn’t mean you get a freebie. It means to get back to us next month with double the money plus interest.

Financial Commitment Starts With Baby Steps

Planning how your money will be used when you get paid is called baby steps.

We went through this when we designed our monthly budget years ago.

Here’s the catch, though, you can’t be a baby forever.

The idea is to learn about simple budgeting online, read a book, or talk to a financial expert.

Once you get a grip on the basics of budgeting, you need to get rid of the diaper and move on.

Consider this a graduation to the next level, but only if you’ve made positive progress.

What will your next step be?

  • Creating a Budget Binder is a fantastic way to monitor your finances
  • Getting rid of the paper budget and opting for a budget app, online budget or excel budget.
  • Continue educating yourself about budgeting until the process is engrained in your mind.

There are many ways to budget your money, and I always suggest starting with paper.

A bare-bones budget is simple to use, and once you master that, you can add details to the budget.

What are projected expenses? Maybe now is a time to invest in learning about saving for an expense later in the year.

I guess I’m trying to say that practice makes you stronger and financial commitment grows.

You have a plot of land, plant the seeds, water the seeds, and grow the garden.

If you don’t water it, some of your veggies may grow, but not all. You’ll get by, though.

However, if you tend to your garden daily, you’ll have plenty and some that you can save for future use.

Financial Failure Or Financial Commitment

If you are met with a brick wall, you choose and find a way to jump over, walk around, or smash it.

Don’t throw in the towel just because you’ve had enough or feel like you’re failing.

Please never give up on being the person who has the weight of debt taken off their shoulders.

In 2022 Canadian families can expect to pay $1000 more a year on groceries.

Save money any way you can and earn extra money from online savings apps; cashback apps reward cards.

Related: Scan Your Groceries and Earn Points To Redeem For Prizes and Gift Cards

Blogging For Extra Income

Start a blog and monetize it to earn extra money and passive income.

Passive income means you’re earning money when you sleep and while you’re awake.

Canadian Budget Binder didn’t take long to earn more money than I had ever imagined.

Related: How To Start A Blog

Find Helpful Info From Your Favourite Blogs

Perhaps taking a cash job on the side or saving money by swapping skills with friends.

You plumb my house, and I’ll paint yours is an excellent way for friends to help friends.

Use coupons, discounts, meal planning, gardening, food swaps, and take financial commitment day by day.

A top-rated app is the Flash Food App for finding groceries at Loblaws stores for 50% off or more.

Related: Canada Savings Deals, Discounts and Coupon Codes

I don’t often give advice, but it’s because I know it works when I do.

Every Dollar Counts and will add up to something.

Related: 52-Week Loonie Challenge

There’s never a day that goes by that we regret starting with baby steps and transitioning to success.

Your Journey Starts Now!

Be Well,


CBB Home and Blog

I know I took this section out once I started the bi-weekly newsletter, but I thought I would update you.

This year I want to concentrate more on our son, who has been diagnosed with Autism.

I’ll still be blogging; however, I will blog about the Saturday Weekend Review once a month instead of twice.

The post name will change to CBB Monthly Review and a bi-weekly newsletter for blog subscribers.

During the week, I will still blog on Tuesdays and Thursdays, but occasionally, I switch them up.

Bi-weekly on Sundays, I will continue to post a recipe on the blog, either keto or non-keto recipes.

Besides spending time with my family, I have many blog posts that need to be fixed.

My recipe plugin changed and dropped all of the recipe printable functions I’m updating.

I’m also working on Search Engine Optimization for earlier blog posts I wrote years ago.

Once I feel under control at home, I’ll blog more because there’s so much left to say about finance.

If you have any blog topics you feel I should cover, please send the idea to my email subject: Blog ideas.

Covid Kind Of Christmas

Christmas was a Covid-19 mess as one of our family members was positive.

Put it this way; there’s lots of food left in our house.

Otherwise, life is busy as usual, and I’m finishing my University courses. One left to go, thankfully.

Lastly, I want to thank all who follow Canadian Budget Binder.

Without you, there would be no CBB. If you’re quietly reading the blog, say hello in the comments so I know you’re out there.

I enjoy comments and reading about your experiences, so please drop me a comment anytime.

If you’re a new subscriber to Canadian Budget Binder, welcome. There are many blog posts to catch up on, especially in the budgeting and grocery categories.

CBB Thoughts Corner

passive income
Learn how to make money while you sleep. Start a Blog

Recent CBB Blog Posts

Stop buying junk food
If you feel your grocery budget is not allowing you to get what you need, consider reducing any junk food you purchase,

Funny Google Search Terms

Kermit the frog Google Search Terms For Canadian Budget Binder
Google Search Terms for Canadian Budget Binder
  • Budgets are NOT sexy- Haha, well some people think they are
  • Mom took my money – Maybe you need to sit and talk to her about it.
  • Eating for breakfast meal – You’ll find lots of great recipes on this blog and Pinterest.

That’s all for now, friends.


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  1. Hello, just me again reminding you and all that a paper budget is just fine, seeking an app, online budget or excel requires (a) an expensive phone with requisite monthly fees;l a computer with wifi connection which is not budget friendly either. I am nearing 80 and having been paper budgeting for 60 years. I take a few hours december 31 or Jan 1 or 2 to complete the closing year and open new pages for the new year, bringing forward amounts remaining. I review my total costs for the previous year, adjusting up or down as needed. Its not hard and keeps me on track. Just a thought …. we could all do with fewer electronics in our life. where is your information if not on paper, when the power goes off? stores now close, they can’t cope. silly world!! ann lee s

    1. Hi Ann,
      What a wonderful comment and thanks for sharing how you continue to use a paper budget. That’s what we used to use and still do and transfer to our excel budget. I added the bare-bones budget for new people to budgeting or those who don’t have a cell or just want to keep it simple. Another good point is if the power goes out. I just said to my wife that when we get older we’re going to say the same thing about technology and who knows what else the next generations will come up with. Thank you for stopping by and commenting Ann. I hope you had a lovely Christmas and a Happy New Year. Mr. CBB

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