Category Archives: Budgeting

Why are some folks so bad with money? You know the people I mean: your sister who simply can’t walk past a sale; your mate who thinks that carrying debt around is okay because everyone does it; your best friend who believes that saving for retirement comes after buying a… Read more

There are basically two schools of thought in the personal finance world when it comes to budgets. School number one Touts traditional budgeting. That is, using spreadsheets, or envelopes, or jars, or paper cups, or shoeboxes, or old coffee cans, or old rubber boots to divide up and allocate how much… Read more

A recent news article suggests that more Canadian’s are buying luxury cars these days than ever before and that many of them may find themselves in “over their heads.”   The article suggests that part of the reason for this is what they call the Wealth Effect, people thinking they are wealthier… Read more

“Knowing is not enough; we must apply. Willing is not enough; we must do.” – Johann Wolfgang von Goethe It’s easy to get derailed in the process of managing your money wisely.  Here are five tips to help boost your chances of financial success. 1. Make it a habit Science has proven… Read more

As I’ve said before, managing money and building wealth isn’t rocket science; it’s pocket science. If you don’t spend the time and energy to look after your money, your finances can run a little ‘wild’. What you need to stay on course is a solid money plan. The best systems out there are the… Read more

People equate financial freedom with being rich. Such a shame. All those people who will never be rich — folks like me who have to work hard for every red cent we make — longing for a goal that’s unattainable. What exactly is “rich” anyway? Ask a hundred people how… Read more

Halloween is my absolute favourite night of the year. I dig the campy costumes, the cheesy decorations and I truly enjoy sitting out on my front porch doling out treats to little ghosts and goblins. For one day of the year, we’re allowed to celebrate the macabre, the ghoulish and… Read more

I should have known better, I really should have. Two years ago, our old barbeque finally died. When I say died, I mean it literally fell apart.  It served us well for many years, cooked hundreds of burgers, much chicken, racks of ribs and even the occasional rib eye. Many… Read more

Vacation: A period of rest and relaxation. Vacations are what you do to take a break from what you do. They are also what Canadians do to take a break from winter. Unfortunately, vacations are also an area where we sometimes overspend. We need to find some ways to enjoy… Read more

How you feel when you think about your money is a big indication of what you’re doing right and what you may need to tweak. If the thought of opening up a bill, reviewing your spending, or adding up your debt makes you shiver in your shoes, you may be… Read more