There are many financial rules we hear over and over again, and that we blindly follow. But before following any rule, we need to see if it is actually adapted to our own situation.
Category: Budgeting
Things I refuse to pay for
We all have our financial pet peeves. Here are a few items I refuse to pay for: Cell phone. A … More
The case for earning more money
When trying to address a mountain of debt and/or budgeting issues, the first piece of advice people are given is to drastically cut expenses.
To tip or not
Coming to North America, the “tipping experience” can be quite a shock, a financial shock that is.
Bare-bones budget
You may have already mastered your household budget based on your current income. But what if that income suddenly disappears … More
Competing financial priorities
It is not always easy to know what you should do first, financially speaking. Debt, mortgage, children, retirement planning and saving are extremely taxing on your hard-earned dollars.
Emergency Fund basics
If you are battling with a huge debt load, chances are you probably don’t have any savings to your name. … More
Tackling debt
Now that you have decided to get your finances under control, the biggest challenge is to pay off your debt. … More
RESP basics
As I mentioned in previous entries, the cost of post-secondary education keeps increasing and can really be a huge financial … More
Creating a budget, part 2- tracking income and aiming for balance
Note: the following is primarily aimed for Canadian residents. Terms like CPP and EI are payroll deductions for Canada. … More