EVERYTHING BECOMES MAGICAL WHEN YOU BELIEVE- EVEN YOUR FINANCES Every so often I get an email from a CBB fan which sparks a conversation which then turns into sharing their budget journey on Canadian Budget Binder. I absolutely love sharing fan stories because they are real and all of us can relate to them in one form or another. In today’s blog post you’ll learn how one couple goes from two incomes to one and managed to turn some glass jars into magical budget jars. If you don’t take your finances seriously someone else will but that someone else won’t be on your side. Each of these budget stories inspire others including myself to continue to believe in the power of positivity and not giving up when the going gets tough. There is a financial solution out there for everyone whether they choose to believe it or not. It may not what you want it to be but in the end it’s likely for the best. SEEMINGLY EMPTY TO MAGICAL JARS Hello Mr. CBB, Here is our budget story …. When my husband and I met we were both struggling from breakups leaving us with less money […]
How To Calculate and Track Only Your Food Expenses : The Grocery Game Challenge 2016 #3 Dec 19-25
A FOOD COST ANALYSIS IS A GREAT WAY TO CALCULATE THE EXACT AMOUNT YOU’RE SPENDING ON JUST FOOD. Working out food costs might sound boring but what’s exciting is knowing you’re working hard to save money by understanding your spending habits and tracking numbers. Over the years we’ve began to track our food expenses a bit differently than we have in the past. Originally we would calculate any receipt that came from the grocery store and classified those numbers our grocery budget. This is fine if all you want is a estimate of how much your food expenses are but you won’t get a true number. Some of you budget fans might not want to break it down and just dump the full expense into a dominant category depending on the store you shop at. Some savers like to keep their budget very simple with basic budget categories and then there is the wife and I who like to dig a little more. By this I mean we take our monthly budget and any category that we can think of that should be on its own or that we want to exclusively track throughout the year we give it […]
Are you envious of others’ success in life?
STOP THE GREEN EYED MONSTER Envious definition for me means that someone wishes they could have your success but they just need to find their own path to reach their goals. The minute your friends Facebook status goes up and says they got a new job, a new car or are in a new relationship do you get upset that it’s not you? Do you question why nothing good ever happens to you? Are you feeling jealous of other people’s success? Don’t be but if you answered no I’d say you are telling a lie because every one of us a tiny bit of envy towards something. It’s how we handle that envy that matters the most. No one likes to feel as if they failed at life and that they have no other options but to accept what they have been given. I think that we can do anything we want with this one life we are given if we find a way to make our dreams come true. Sometimes all you need is a positive boost from a friend or someone who believes in you and before you know it you will land your dream job. Never […]
Do you live in a financial independence la la land?
Do the math it works A state of being out of touch with reality and in this case with money in debt…. yep that’s living in a financial independence la la land. You dream of retiring and doing anything your heart desires because you were smart with your money when you were younger but were you really? You don’t have to be married or in a relationship either to be a donut with your money. I don’t normally watch too much television but last night for the very first time we watched Money Moron staring Canadian financial guru Gail Vaz Oxlade. You either love her or you hate her because of her no-nonsense to the point approach with personal finance. I happen to think if you beat around the bush with finances you get nowhere. Sometimes it’s hard to hear the truth but if that’s what it takes to wake someone up from a financial independence la la land then so be it. It’s amazing how many people who want to retire early and think that the road to that money independence is easy peasy when in fact it takes lots of work. There’s more to the fat bank […]
PF Friday Grab a Brew #48: How to ask for help when it comes to money success
YOU NEVER KNOW WHAT SOMEONE HAS TO SAY UNLESS YOU ASK A QUESTION Money success to me means that we are in charge of our own lives and how it plays out really depends on many factors with the main one being understanding where we stand financially. When it comes to our personal finances we were never the couple to ask for help nor did we disclose how much money we made or saved because we simply didn’t want people to know. Starting the blog CanadianBudgetBinder.com was and still is a way for me to talk about personal finance and how it applies to our budget but also to open up and learn about others successes and failures. When I first started chatting to my friend over at Nurse Frugal and her husband whom she calls Mr. BT almost 2 years ago they were on a journey to become debt free including their mortgage using a budget and Dave Ramsey principles. They have now paid their mortgage in full as of November 2013 an exciting time for this young couple who worked so hard to reach this goal which you can read about it in their latest post “Freedom”. What […]
