LIVE LIKE YOU OWN THE HOUSE BEFORE YOU BUYING Think about the above statement for a moment and ask yourself how that may have changed your past or current budget before buying your home. You may find that had you created a test budget before that purchase you may have noticed that you shouldn’t have spent so much. Typically you wouldn’t hear me say anything about using a test budget because a budget is a budget, however there are times when pretending to budget comes in handy. Forget about the word pretend for a moment and consider the reasons why you would want to prepare a test budget and how it would benefit you as a potential homeowner. Can I afford the house Can I afford the house Can I afford the house Start Young Finish Free I often like to believe that anyone who starts learning about finance from a young age will have basic knowledge to make financial decisions that may not impact their lives the way someone who did not. This is why I urge parents to teach themselves about finance FIRST and pass that knowledge on to their kids. Even then there are […]
How To Test Budget A Mortgage Before Buying A Home : The Saturday Weekend Review #250
3 Budget Guidelines That Fuel Our Financial Success
TAKE WHAT MONEY YOU HAVE AND TURN IT INTO FINANCIAL FREEDOM If you think setting budget guidelines are financial over-kill than let me tell you how good debt freedom feels–damn good. You can do this too! The idea is to start somewhere small to get to where you want to go that’s far bigger than you have ever imagined. It may not happen as fast as it did for us, but you’ll get there. So go ahead laugh or say you don’t need to push the limits with your budget because I will shout from the highest mountains (right now that’s the snow pile at the end of our drive) that you get out of budgeting what you put in, full-stop. Creating a budget should be the least of your worries when it comes to budgeting because most people don’t even get past the first stages, “thinking about budgeting” As soon as the new year hits this blog gets power-housed from readers all over the world looking for budget tips. That’s refreshing to see but I’d like to see this happen not just in January and February, but all year-long. There are so many free budgets online including our […]
How To Fight Credit Card Debt With A Balance Transfer Option
A BALANCE TRANSFER MIGHT BE THE OPTION THAT WORKS FOR YOU Ah, the New Year, a new perspective, a new way of looking at things in our lives. For lots of people the New Year means making resolutions or promises to themselves to stay on track with their goals. Maybe your New Years Resolution is keeping that promise to yourself about quitting smoking and saving money at the same time or just saving money, online trading, starting a budget or starting a new career or second job. Beginning your year with a monthly budget can be a great start to tackling your debt. We’ve been using a budget for a number of years now and track all of our income and spending which includes asking for receipts. Sounds a bit boring but in part this is what allowed us to become debt free before we were 40 years old. Ultimately whether we had debt or not our budget allowed us to see what’s costing us more than it should and to adjust our spending habits to compensate for it. Related: How to create a results driven budget for 2018 I’m not going to lie to you, having a second […]
Check out the top payment options at online casinos
KNOW YOUR ONLINE PAYMENT OPTIONS SO YOU’RE NOT LEFT IN THE DARK Having a payment method that is fast, reliable and secure is a top priority for any gambler, and being able to make quick and easy deposits at online casinos goes a long way in making your online gambling experience wholesome and fulfilling. While there are a number of payment options available out there, it’s important that you pick a trusted option that keeps your money safe, while simultaneously being fast and easy to operate. Here we’ve compiled a list of the top payment methods at online casinos that are recommended Casino Payment Methods in the industry. Visa Visa is one of the most popular means of making payments since when the first casinos started popping up on the internet. On account of its popularity Visa has become a globally accepted payment method, and offers users a safe and reliable payment ecosystem through its extensive fraud protection policies. In addition, Visa users have the option of choosing from the several online casinos that accept Visa for online payments, and can deposit large amounts in a single go. With Visa you can Sail through online gambling with […]
Worried about making online payments? Here’s why PayPal is the perfect solution
PayPal is easily among the biggest online payment systems across the world. Today, PayPal is accepted as a safe and reliable payment gateway by customers and merchants over the internet, and has become an accepted payment method at several online casinos. PayPal’s efficient and reliable model has made it an accepted payment method at several top online casinos like Betway, Jackpot City, Spin Palace and Leo Vegas. Here you can click for more information about the casinos that accept PayPal for deposits and withdrawals. Below we’ve compiled a list of the biggest advantages of using PayPal, and after going through them you’re likely to start using it for all your online transactions. Since starting Canadian Budget Binder I’ve used PayPal services for this blog and now personal purchases. What I love about is that it’s instant and most online shopping outlets accept it. It’s also safe and verifies their customers which is a big deal for those people who worry about online purchases. Credit card security While creating a PayPal account, you’re required to enter the details of your credit card and bank account, with which you can make payments online. After entering these details for the first […]
Everything You Need To Know About Porting A Mortgage In Canada: The Saturday Weekend Review #241
IT’S WORTH KNOWING THE INS AND OUTS OF YOUR MORTGAGE It’s true and certainly something to always be mindful of, “It’s not about how much money you make, it’s how you save it.” When it comes to porting a mortgage in Canada, there are some things like interest rates that you need to factor into the equation, and we will cover these in detail in this article. Homeowners in Canada, and potential homeowners are faced with many important questions when it comes to mortgages. We are living through interesting times with respect to interest rates. The Fed is expected to raise rates further before the end of 2017, the Bank of England is clearly on a similar trajectory, and in time the European Central Bank will move away from quantitative easing towards quantitative tightening. What does this mean for mortgage holders around the world? The Canadian Economic Scene In Canada, the current bank rate is 1%. The BOC (Bank of Canada) decided to maintain the overnight rates when it met on Wednesday, 21 October 2017. The Bank of Canada forecasts that inflation will hit 2% by Q2 2018, later than economists projected. In 2017, real GDP grew […]
5 Point Checklist For Hosting A Successful Moving Sale : The Saturday Weekend Review #233
NOT ALL SALES ARE EQUAL ESPECIALLY WHEN SELLING YOUR BELONGINGS. Whether you’ve lived in a house for one year or 25 years you will accumulate stuff that gets shoved away in a dark corner and collects dust. We all do it unless you’re an extreme minimalist which wouldn’t be so bad for some people who can’t stop shopping for stuff to fill up their home. It’s after you are ready to move house and de-clutter for your first moving sale that memories and things start popping up. Then you have to make decisions about these items and sometimes selling or donating memories can be the hardest thing to do. Two questions pop into my head when I find stuff I haven’t used, we haven’t used or won’t use; Did we spend our money to buy it? Should we sell it or donate it? If it wasn’t our money then we don’t have to worry about a loss because we didn’t fork out the cash for it. Do you sell the stuff or do you take it with you? This is a question you need to ask yourself or sit as a family and discuss before even beginning to think […]
5 Ways To Save Money By Using A Credit Card
CREDIT CARDS ARE MORE THAN JUST A BACK-UP PLAN! There’s no doubt you need to be careful with credit cards. There are people of all ages throughout Canada struggling with credit card debt in the thousands or tens of thousands. And if you start missing payments, your credit score will be in danger, which will affect your ability to acquire assets and may even limit your employment options. Related: How to avoid turning $1 into a $29 Credit Card fee However, credit cards are not inherently bad. Money mismanagement is, and the two don’t necessarily go hand in hand. If you are conscientious about how you use your money, you can actually save money by taking advantage of credit cards. Instead of battling to pay installments, you can live the lifestyle you choose without letting the debt ever get out of hand. There are multiple ways to save money using a credit card. These are 5 of the most effective. 1. Transfer your balance to a 0% APR credit card If you are already carrying credit card debt, there is a simple way to get out of paying crippling interest. Many credit card companies offer a 0% […]
