What Is A Bare Bones Basic Budget? : May 2018 Budget Update

BUDGETING FOR THE FIRST TIME DOESN’T HAVE TO BE AGGRESSIVE WITH A BASIC BUDGET. LET ME SHOW YOU HOW EASY IT IS TO GET THE NUMBERS YOU NEED TO START SAVING AND PAYING DOWN DEBT TODAY.   Yes, yes, yes a basic budget is important and I will say it until I’m blue in the face. Don’t believe me? I don’t care because what you do with your money is your business and I can assure you that this blog is for the people who want money control and the weight of debt lifted from their shoulders so they can go on living life without financial burdens. It may sound unrealistic but if we don’t have anything to believe in then there’s no point budgeting in the first place or setting goals for that matter. If you already plan to fail then you’ve failed. If I  could go back 10 years now and tell myself that budgeting would allow us to live debt free in our 40’s including wiping out mortgage I might have laughed but certainly listened to what advice I had to give. My money mindset has changed today compared to then and it’s because I have experienced […]

10 Pointers When Considering A Pay Cut For Career Change

NEVER GET USED TO THE MONEY YOU EARN   If I asked you whether you’d leave your current job for a new job that comes with a pay cut, what would you say? Most people would be on the fence not sure what to do and others might drop everything and dive right in. There are lots of things to consider before making a career change and it starts with the financials.   There’s no way I would take a pay cut   Sometimes you may have no option whether you get a pay cut or not so before you dismiss earning less money remember you are owed nothing and can lose it all in an instant. Perhaps a better way to view a pay cut is that it would take adjusting to but eventually it will work out. What does it mean to take a pay cut? It is what it is, a pay cut. It means you get less money for a job you perform whether it be your current job, a new role with-in a company or a 360 degree role change into something entirely new. It happens every day and to be honest more people need […]

Why A Second Income Sometimes Isn’t Enough: April 2018 Budget Update

MORE THAN ONE INCOME STREAM DOESN’T MEAN YOU’LL BE RICH!   When people tell me that they earn a second income I’m impressed and nosey at the same time. Who wouldn’t be? I’m always keen to understand why people choose to earn extra money whether it be to get ahead or to stay afloat. A few months back I had a gentleman send me an email to ask about a third income stream because the money he earned wasn’t enough to make ends meet. As you know I worked two full-time jobs for many years just to get my foot in the door to where I am now a permanent employee but it’s not something that was easy. Sometimes I dread thinking back to all the time it took away from my family but it was something I did for all of us. A second income however doesn’t mean a second full-time or even part-time job it simply means earning extra money aside from your main money source. There are many of you reading this right now who probably have multiple money streams and YES that is awesome but as we all know the best money earned is that where […]

Creamy Avocado Taco Dip Surprise (Keto)

THE BEST PART OF THIS PARTY DIP IS THE SURPRISE AT THE END Creamy avocado taco dip surprise probably has you wondering what on earth I’m talking about but trust me when I say the you will be happy to find out. This avocado taco dip is so easy to make and you’ll have it ready in minutes. Taco Dip with Avocado anyone? Yes Please!! This is more than your average taco dip…it’s the best dip you will ever make. Who doesn’t like to dip? I’m a dipper and by that I mean (not skinny dipper) I like sauces and dips especially when there is a huge tray of vegetables, crackers, nachos, pita chips and anything else that warrants dip on it. Seasonal flavours, ingredients and spices are important when eating as is colour and texture. With spring dancing on our shoulders and summer just around the corner it’s time to think new party recipes including appetizers to keep guests going until the BBQ gets fired-up. We all know that once the nice weather is upon us invites to parties, picnics, birthday’s and so on ramp up. This means that having some fun, fast, inexpensive recipes that you can whip […]

Yearly Banking Fees of $1000 Seniors Could Have Avoided : Net Worth Update 2018 March (+0.51%)

MONEY OUT THE WINDOW OR MONEY WELL SPENT- THE CHOICE IS YOURS!   You might be paying banking fees for every bank account you own whether it’s with the same financial institution or not. I know plenty of people who bank with several Big 5 banks and I’m not sure if they understand the costs of monthly banking fees and how it may be affecting their overall yearly savings power. Banking in Canada seemed fairly straight-forward to me when I arrived as a permanent resident. I was fortunate to set up my bank account at the time through President’s Choice Financial since my wife banked there but before I moved to Canada. It made life far easier for me especially when I needed to transfer money from my UK bank account to my Canadian bank account. What I loved about PC Financial what is now known as Simplii Financial Canada was that there were no banking fees. We didn’t have to pay for cheques either. If we had any issues we could make a phone call or visit any Canadian Imperial Bank of Canada (CIBC) for help. In total since I moved to Canada over 10 years ago now we’ve […]

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