How far can Canadians stretch their money today ? Seriously--how far can that one paycheck take you? Unfortunately it isn't very far for most Canadian families. Economics are definitely upside down across Canada and even more so within the US. The goal is discovering how you can stretch your money without feeling restricted doing so. It might sound difficult, but really--it's not. You have to develop the right …
We would all like to think we are good at managing money, but unfortunately--many of us are not! Good money management is a process, it's not something you are just good at. Now, even if you want to become proactive and become a good money manager, you're going to have to do more than just read a bunch of articles. You have to be willing to take accountability …
Learning how to go broke is an odd topic, isn't it? Well, we felt it was a smart one too. It's important what NOT TO DO if you don't want to go broke. Too many people today keep making the same financial mistakes over and over again. The same excuses are used. Canadians claim to have no time to budget, and no time or money to purchase software …
Stockpiling is a vey common practice, but will it work for you the way you expect? The first tip to start saving money stockpiling on groceries is to only get those things you know you're going to use--it makes sense, right? Within just a few months you can have a nice stockpile of necessities and groceries! There are rules to maintaining your stockpile as well--so the money you …
Father's Day is right around the corner so it only made sense to talk about the impact father's have had in their children's lives, specifically in how they have learned to manage money. Now, fact, we learn a great deal from our parents and those closet to us, some good, some practical and some not so much. When it comes to finances, dad is often the key character …
If you think you can't budget on $14,000 a year, think again. There are many ways you can make this kind of money work for you. Of course, it isn't going to be possible for a family of 5 or more (and 4 would be stretching it) but it is possible for a two to three people. If you use your head and plan financially for everything, this …
You have to weigh what is going to give you the best return for your financial future. If you have a great job, good benefits, and an excess in funds, perhaps investing some of that excess is right for you. However, if you work a traditional job and have very little left over after bills and other necessities--saving that extra might be the smarter choice. 60% of Canadians …
Yes, credit cards can be useful
financial tools
if they are used responsibly--unfortunately, credit cards are highly mishandled, everyday and all across the globe. Too many see these as a means to an end, or a reason to splurge on those things they wouldn't ordinarily have considered purchasing. Furthermore, financial experts find that too many turn to credit cards to support their monthly living expenses, something that is …
A balanced diet works like a balanced budget, and it is possible to have when you plan ahead and prepare. Let's not forget that proper nutrition daily ensures well mental alertness, energy and improved productivity! This is a wise investment, but you can do it without going way over budget too! Now, that is good news--right? If you're one of those who has believed you can't afford to …
Have you really asked yourself why your budget isn't working for you? Now, clearly, you must know that a budget is absolutely critical to have if the goal is to
pay off debt
? You might be running into an issue where your calculated numbers just aren't matching up with what you've been working with. You might be overspending, or you might be forgetting where some money is …