If you’re not already aware, then let me be the first to say the following: it’s okay to keep your money! You don’t have to spend all of it. Now, you probably shouldn’t keep all of it either. After all, doing so means you won’t eat, nor have a roof over your heard or clothes […]
We are just over a week into a new year – hooray! I hope that 2020 is off to a great start for all of you. What I love about this time of year is crunching my numbers. I track all of my expenses in two self-created spreadsheets, one for my monthly fixed expenses and […]
When it comes to money, it never hurts to ask for what you want. Case in point – the mortgage on my rental property comes up for renewal this spring. For the first time ever, my bank sent me my renewal instructions 6 months before the renewal date. Usually, I get my renewal letter 3 […]
A new decade starts 11 days from today. What do you want to accomplish next year? Which dreams are most important to you? The key to getting things done is to start planning today. Time waits for no one, and not a single one of us is promised tomorrow. Sure, there are those rare instances […]
This week, I’d like to introduce you to the idea of keeping your wallet closed one day each week. I call these No-Spend Days! Pick any day you want. It doesn’t matter. The purpose of this exercise is for you to give your wallet a break! Slow down your spending – keep your money in […]
It is a simple truism that what gets measured is also what gets managed. I can think of few other places where people fail to put this truism to good work beyond their money behaviour. People will track their calories, the amount of gas they put in their cars, the number of times they work […]
I have to admit that it sometimes takes me a very long time to learn lessons that should be obvious. One of those lessons is how the kitchen can be used to significantly cut food costs. Today’s lesson, Gentle Reader, is about the money-saving magic of my kitchen. At the end of last week, I […]
Go back and re-read the title until it’s burned into your brain. A Tax Free Savings Account – TFSA – is a wealth creation tool. So long as your money is under the tax-repelling protection of the TFSA, then the government will not tax your money. The second thing to remember is that the government […]
I want you to give yourself some credit – literally. Allow me to back up a little bit, to give you some context. A year ago, my credit card number was stolen when someone booked a hotel with my information. Although it took a few weeks, my bank reversed the charges and life went on […]
This week, I opened a new bank account at EQ Bank. (This is not an affiliated link. I will not get paid if you click on it.) This bank pays its customers higher interest than the other banks. The added cherry on this sundae is that this bank will not charge you bank fees. I […]