How To Live A Simple Life And Avoid Consumer Debt

YOU DON’T REALIZE THE POWER OF YOUR WORLD UNTIL YOU RELEASE THE CLUTTER AND INCREASE SAVINGS POWER   The other day Mrs. CBB and I were driving in the truck when all of a sudden she says to me, “I just want to live a simple life” which was surprising but given recent events in our lives, not really. After her father passed away it was constant trips to her parents house to sort out all of his stuff and boy did he have lots of stuff. It took us weeks of travel and hours of hard work just to get through what we did and we’re still not done. There wasn’t a time throughout the process that we didn’t complain about how much stuff there was and how we would never do this to our son. It was tough, we’ll admit it over and over again and I think it has taken its toll on us both. Over the last month we managed to take our entire 10-year-old living room set and binned it because it was that pleather material (fake leather) which was peeling and getting on our nerves. I had it in my mind to chop it […]

How Canadians Are Saving Money By Online Shopping : The Saturday Weekend Review #253

Over the past decade, online shopping has drastically re-shaped the retail landscape in Canada, introducing greater savings and more convenience in shopping and helping struggling families make their dollars go as far as possible. With cheap, fast delivery options available and less overhead than traditional retailers, online stores are able to offer much lower prices than their brick-and-mortar counterparts. And as online shopping re-shapes shopping behavior, brands that used to draw most of their profits from traditional outlets are now moving a growing part of their business online to stay competitive — which in turn is expanding the number of options available and keeping costs down. Most shoppers now understand that they can save significant amounts of money by shopping over the Internet, which is why e-commerce is now the fastest-growing segment of the $23-trillion global retail market. However, as more and more retail businesses develop sophisticated online sales strategies, navigating the sheer volume of e-commerce sites has become a challenge in and of itself. This has spurred the rise of a number of online shopping tools and marketplaces that allow Canadians to find the best prices for the products they need without having to spend hours scrolling through different […]

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, […]

Are You In Debt Denial?

I’m no stranger to debt denial but it’s not me who has the problem. Every once in a while I get this chill that goes down my back when my mate, let’s call him “Bobby” rings me up. I know he is broke and always wanting to borrow money so he can go to the club, pay his bills and whatever else he does with his money. The problem is he doesn’t look or act like he is broke and drowning in debt. He makes close to 6 figures a year, drives a fancy car, dresses exceptionally well, takes good care of his grooming and body and he is in his early 30’s.  He’s one of those guys you love to hate because you just don’t get him. He rolls with it, has many friends, lots of girls and not a penny to rub his nose in… but he does have credit and lots of it. As a matter of fact his credit card company just gave him an extra $3000 to spend on his already maxed out credit card. He’s the type that wants to get out of debt fast but is rubbish at managing debt. While this scenario is […]

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