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 […]

grocery game monthly challenge

Our Sunday Dinner Traditions With 6 Recipe Inspirations: The Grocery Game Challenge 2018 #2 Apr 9-15

SUNDAY DINNER DOESN’T HAVE TO BE A ROAST   How do you celebrate Sunday? A roast beef for Sunday dinner every week could get extremely costly for today’s grocery budget but don’t let that stop you from creating new traditions for your family. I’m sure almost everyone has heard of the Sunday dinner where your parents cook up a hearty full meal as if it were Christmas dinner. That’s what it was like in my house growing up in England and something I hope to continue with my family here in Canada. The idea around Sunday dinner is that it was a time where family would come together for at least one full meal at the table. Even today families still prepare Sunday dinner as one of the few days of the week where time permits a full meal especially since life is far busier than it has ever been. Thank goodness for the crock-pot and now the Instant Pot. What’s for Sunday Dinner Mum? Growing up family dinners were pretty standardized in our house as far as meals and times would go. My mum likes to cook but was never adventurous so my siblings and I would look forward […]

Waiting For A Living Wage To Start Budgeting Is A Bad Idea: The Saturday Weekend Review #252

MONEY IS YOUR BOX AND A BUDGET IS YOUR KEY TO FINANCIAL FREEDOM   Understanding the difference between a living wage and minimum wage is just as important as knowing your financial numbers from start to finish. Just the other day on Facebook I was reading through the comments after a sponsored post by a popular budgeting app popped up on my screen advertising their service. I suppose reading what others think about budgeting is important to me since this blog revolves around budgeting and frugal living topics. Two of the most important comments I wanted to talk about today which I read stuck in my head because I wanted to speak up and tell them, don’t wait for a living wage to budget, do it now. I’m not budgeting until I have a living wage Why should I pay to use a budget when I’m broke Your debt costs more than you think once you factor in all the interest calculated over the term of paying it back. In fact reading the bottom of your credit card statement might just shock you when you see how long it would take to pay off whatever you charged. Go have a […]

grocery game monthly challenge

Free Printable Checklist Of Common Spices For Your Kitchen : The Grocery Game Challenge 2018 #3 Mar 19-25

SUPPLY YOUR KITCHEN WITH THESE FAMILIAR SPICES AND ADD A SPLASH OF FLAVOUR TO ALL YOUR MEALS   Having common spices on hand that many recipes call for is one of the smartest and most inexpensive ways to flavour your dishes. It’s that time of year when we do a full spice cabinet wipe and clean along with an inventory of what we have on hand or need to replenish. Get your FREE Printable Common Spices Checklist below!!   Storing Herbs, Spices and Extracts   My father-in-law would make sure his organic herbs were properly dried in parchment paper and sat in a box that resembled a pop case. He’d dry the herbs in the basement on a long 8 foot table during the winter and eventually he would have boxes of herbs to use. There were always herbs hanging upside down from the ceiling as if there were bats in the house. “Be careful what you walk into”, he used to tell me if I would go down to grab something. Once dried always store your spices in a dry space such as a kitchen cabinet where moisture won’t have the opportunity to get inside. Having a good kitchen […]

10 Wealth Strategies: How To Train Your Brain To Think Rich – Net Worth Update Feb 2018 (+0.69%)

TO THINK RICH YOU NEED MORE THAN JUST IDEAS! We went from nothing to simple millionaires in 40 years by going to work and saving our money! It took us a long time with plenty of ups and downs but with the wealth of knowledge available today YOUR rich can be done even faster. Can you remember a time when you earned (first job, first career, extra cash), won (Bingo, Jackpot, Contests etc.) or was given money? I can. Perhaps you can recall the feeling that electrified throughout your body as if you had just eaten the biggest most delicious dessert in the world. (that would be brownies for me) Some may describe it as a money high filled with excitement or thrills that lasts until you do something with that money. It’s almost as if a bit of stress is allowed to fall from your shoulders depending on the situation it is feeding. This is the feeling you want to have every day and it’s called financial peace. In order to get to this point you have to train your brain to think rich. This type of mindful financial education comes with a full buffet of rules set out […]

Financial Empowerment Tips For International Women’s Day : February 2018 Budget Update

EMPOWER YOUR FINANCIAL INDEPENDENCE AND CONTROL YOUR MONEY   Today, March 8th is International Women’s Day and it just so happens to be perfect timing that a report was released by a national survey commissioned by the Financial Planning Standards Council (FPSC). Financial empowerment is so powerful that only YOU can help start and grow your knowledge. Survey says…Women need to do some serious financial homework. After surveying 1000 Canadian women last month about financial struggles it revealed that roughly four in ten women don’t even know their credit score.  Also uncovered was that a majority of women have at least one struggle when it comes to their finances. What this means is that you may be knowledgeable in one area but fall short in another. Related: Get your Credit Report, It’s Free Canada. Never rely on anyone but yourself when it comes to your money.   Learning finance the hard way   Just this past week my father-in-law passed away and to say that their finances were even a smidge in order would be an understatement. Both of them have little to no knowledge about finance and budgets, never negotiate bills or interest rates, over-draft is in full-swing and […]

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