Posts tagged as:

budget

Avoid Payday Loans

by Moneyproblems TipsWed Jun 02, 2010 Budgeting

Today’s tip is very simple: avoid payday loans.
A payday loan is a short term loan.  For example, you need to pay your rent today, but you don’t get paid until next Friday.  The payday lender lends you the money to pay your rent today, and you pay them from your paycheque next Friday.  Great.
The problem [...]

Tagged as: budget, payday loan

Read the full article →

Get on the Same Page as your Spouse

by Moneyproblems TipsMon May 17, 2010 Budgeting

If two partners in a company have opposite objectives, the company probably won’t be successful.  The same is true in a marriage.  If one spouse wants to spend and incur debt, and the other spouse wants to save and not spend, conflicts will arise.  You need to be on the same page.  You need to [...]

Tagged as: budget, Savings Plan

Read the full article →

Plan Now for your Summer Vacation

by Moneyproblems TipsFri Apr 30, 2010 Budgeting

It’s never too early to start planning for your summer vacation.  Summer vacations can be expensive, so you need to plan early for two reasons:
First, the sooner you start saving for your vacation, the more you will be able to save.  It is a very bad idea to borrow money to go on a vacation.  [...]

Tagged as: budget, summer vacation

Read the full article →

Track your Big Expenses with a Mini Budget

by Moneyproblems TipsFri Apr 23, 2010 Cut Your Food Bill

The most important advice to get control of your personal finances is to make a budget. We strongly recommend that you make a budget, (and many of you agree, since our make a budget post is one of our most popular tips). You can even join the budget group on our debt support group.
But wait, [...]

Tagged as: budget, food, save money

Read the full article →

The Importance of Being Skeptical

by Douglas HoyesMon Feb 08, 2010 Budgeting

As a bankruptcy trustee in Canada, I’ve heard it all, and so I know from experience that if it sounds too good to be true, it probably is.  Free offers normally carry hidden charges, so the offer isn’t really free.  A low introductory rate on a credit card will turn into a very high permanent [...]

Tagged as: budget, skeptical

Read the full article →

Three Keys to Successful Budgeting

by Moneyproblems TipsWed Jan 27, 2010 Budgeting

Guest Tip of the Day from Catherine Ouellette, Credit Counsellor:
As a credit counsellor I strongly advise everyone to prepare a personal budget, and I give them my three keys to successful budgeting:
First, have a positive attitude. Focus on the money you are saving, and you increase your chances of success.
Second, stay motivated. Budgeting gets easier [...]

Tagged as: budget, personal budget

Read the full article →

Make a Plan to Deal With Your Debts

by Moneyproblems TipsFri Jan 22, 2010 Budgeting

Today’s Tip: Make a plan to deal with your debts.
If you have more debt than you can handle, you need a plan. That plan will start with a household budget, so you know what you have to spend each month. You should then explore your other debt management options, including getting a debt consolidation [...]

Tagged as: bankruptcy, budget, consumer proposal

Read the full article →

Use the past to improve the future

by The CalendarBudget TeamMon Jan 18, 2010 Budgeting

Today’s Tip: Review your past spending history to save money in the future.
Spending history can tell you a lot.
Look back over your historical spending and see if there are any trends that cause concern. Your actual past spending is a good way to honestly evaluate if you need to make any changes. Using a tool [...]

Tagged as: budget, Calendar Budget

Read the full article →

Don’t cheat: Be accountable to your budget

by Moneyproblems TipsThu Jan 14, 2010 Budgeting

Today’s Tip: Be accountable to your budget. Do you set a monthly budget, but find you always overspend? It may be because you aren’t tracking your spending very well. If you track all of your purchases, you’ll make yourself more accountable to your budget.
Use tools like a piece of paper, or an Excel spreadsheet [...]

Tagged as: budget, Calendar Budget

Read the full article →

Celebrate your budgeting success

by The CalendarBudget TeamWed Jan 13, 2010 Budgeting

Today’s Tip: Celebrate when you beat your budget.
If you budgeted $150 for your electricity bill and turned out to be only $110, celebrate with a small treat, or at least talk about how well you did. Celebrating the little things makes working towards a budget (and associated sacrifices) easier. Put the amount you “saved” against [...]

Tagged as: budget

Read the full article →

← Previous Entries

© 2010 Moneyproblems.ca Inc. All Rights Reserved.  Terms of use