Stop Blaming The Government For All Of Your Debt Problems

DEBT= Don’t Ever Buy Things On Credit   Debt for most Canadians is still a reality and likely will be for a long time unless something changes but not necessarily from a political aspect but a personal one. Is the Canadian government to blame for all of our debt problems or should we start taking responsibility for the way we are spending and saving money? The past few days I’ve spent what little free time I have in between working 7 days a week, family responsibility and blogging to catch up with what’s happening in the world of Canadian Finance. With the internet flooded with resent for the Wynne Liberal government who are under fire right now especially with the increase in hydro costs that are creating energy poverty for Canadians who simply can’t afford to pay these price hikes. Our hydro has more than doubled in the past year and our habits have not changed which means we continue to be conscious of utility usage. What’s even worse is there are plans in the works to phase out natural gas, homes will need an energy audit when put up for sale and renovations based on energy efficiency. This is […]

I’m Not Spending A Dime On My Wife For Mother’s Day : The Saturday Weekend Review #171

  REACH INTO YOUR HEART AND PULL OUT LOVE NOT MONEY   Now that my wife is a mother and I’m a father we have become part of the Mother’s Day and Father’s Day elite but both of us have chosen not to budget any money for these special days and I’ll tell you why. Everywhere I turn there is another store sign, flyer or online advertisement for Mother’s Day must-have gifts such as Jewellery, Trips, Candle-Lit Dinners, Fresh Flowers, Hand-made chocolates, Day at the Spa. I’m not against any of these extravagant Mother’s Day gifts but to me it seems to take away from the purpose of the day, to celebrate our mother. Not everyone has their mother with them but they are still celebrated with memories and a deep love from with-in the heart. These are some of the ways we need to celebrate Mother’s Day, not lavish gifts. Certainly you could do both but there are plenty of ways to say I love you Mom that doesn’t have to cost you a small fortune. When is Mother’s Day? This year Mother’s Day is on Sunday, May 8, 2016 in Canada. My wife is simple and frugal which […]

Why Alberta has the Highest Consumer Debt in Canada

YOUR DEBT YOUR LIFE   Experiencing some level of debt is quite normal and in most cases necessary for Canadians to live full lives with families and careers. At some point you may say to yourself, I’m going to buy a house, a car and even more, some have families. Children are a huge expense and unexpected costs become a reality as you adapt to parenthood. Yes, we all know how easily personal debt can be created and accumulated and tough to get rid of. We take on credit card debt, mortgage loans and car leases and do our best to work and stay on top of our personal finances. In recent years, household debt in the homes of Canadians has steadily increased on average and the Province of Alberta has had a spotlight on it ever since. Related: What pushes people over the edge financially Today we’re looking at why newspapers and financial journalists have reported for years on the state of debt in this province since its role as an energy exporter in Canada’s economy is unique and the consequences financially have in past years seemed overwhelming. With the national average household debt ratio quite high in Canada, […]

What’s in your pockets? : The Saturday Weekend Review #63

CHECK THEM TWICE   Empty out your pockets folks, then donate. Donating pants, shirts, toys, furniture etc. to second-hand shops is a great way to help others out who are looking for a bargain. How many of you check through each article of clothing or furniture that you donate before you let someone haul it away? Probably many of you can come forward right now to say you are guilty of not checking pockets before you donate. If you plan to donate clothes make sure you know where that last mustard stain landed just in case you are that one person who forgets a wad of money in the pocket before you give them away. If you are like me you don’t like to keep every penny you own tied up in a bank or investment. You have a stash of money at home although nothing serious enough to go rampant over if it was misplaced it’s simply a bit of cash to get you by if you need some cash. I for one like to keep my money in the bank and don’t keep excess amounts of cash lying around the house although some people come up with unique […]

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